Would you want/expect them to use Bitcoin? no, they should just accept the inevitable and make plans to wind down the federal reserve debt note pyramid scheme in as an orderly manner as possible. How can they wind down the pyramid scheme orderly without taking the DOW JONES down to 1913 levels and 90% real unemployment and famine? that's a problem of their own making. Seems like they have a lot to think about without commissioning investigations into free market information technology innovations that they are clearly unqualified and too inexperienced to master or examine and well outside their political remit anyway. But how would Bitcoin help this acceptance of the inevitable depression for the 300,000,000 people not invested in it now?
|
|
|
Would you want/expect them to use Bitcoin? no, they should just accept the inevitable and make plans to wind down the federal reserve debt note pyramid scheme in as an orderly manner as possible. How can they wind down the pyramid scheme orderly without taking the DOW JONES down to 1913 levels and 90% real unemployment and famine?
|
|
|
$250 is the new $350...we will again just trickle down to $200.
Then over the next 3 months we see more bankruptcies and etc. Not really effecting the price.
At $200, will the next BIG STORY be down to double digits or $450....nobody knows.
Place your bets and have fun.
I've recently become less bullish on price. Previously I was buying set amount of CAD per month that we stay below 400 CAD. Moving forward I will be only buying a set amount of BTC per month so if this thing does indeed keep going south, I'll be losing less and less each month. I'd agree buying in terms of weekly or biweekly or monthly under $300 is a good investment. I would re-evaluate once it goes above $400 again, not saying take all profits though. Grand plan was buy below 400 sell above 800. If this little experiment fails, it doesn't change my life one way or the other. If it succeeds? ... bah, who knows? I just never trusted the price increase from October 2013 and there after. Coinbase and other truthful exchanges should be able to survive and profit with bitcoin at a dollar. What's the next thing that makes the price of bitcoin go up? Not the value of these startups and ETF's?
|
|
|
$250 is the new $350...we will again just trickle down to $200.
Then over the next 3 months we see more bankruptcies and etc. Not really effecting the price.
At $200, will the next BIG STORY be down to double digits or $450....nobody knows.
Place your bets and have fun.
I've recently become less bullish on price. Previously I was buying set amount of CAD per month that we stay below 400 CAD. Moving forward I will be only buying a set amount of BTC per month so if this thing does indeed keep going south, I'll be losing less and less each month. I'd agree buying in terms of weekly or biweekly or monthly under $300 is a good investment. I would re-evaluate once it goes above $400 again, not saying take all profits though.
|
|
|
7 years and the estimation of Bitcoin's userbase is only 250,000 persons. Whatsapp is newer than Bitcoin and has 600 million users. There's actually countless examples of tech and products that all acquired more users in their first year than Bitcoin has done over 6+ years.
Sooo many things wrong with this comparison.
|
|
|
$250 is the new $350...we will again just trickle down to $200.
Then over the next 3 months we see more bankruptcies and etc. Not really effecting the price.
At $200, will the next BIG STORY be down to double digits or $450....nobody knows.
Place your bets and have fun.
|
|
|
Would you want/expect them to use Bitcoin?
|
|
|
I think he is right, bitcoin alone can't change the future, but it will pave the way to the new generation of payment service.
It already did.
|
|
|
Do you honestly feel that $152 will be the bottom? Im surprised. If so, then I correctly predicted bottom in the 5th post of this thread https://bitcointalk.org/index.php?topic=913423.msg10030218#msg10030218Do you really think someone like me can call bottom? I don't think so. Then you say a broken clock is right twice a day.... What's next.....you will be surprised again....
|
|
|
Coinbase is a great investment. If bitcoin doesn't work out, then they can easily fall back and be the most trusted P2P ripple gateway.
|
|
|
Hopefully it is something positive that will push the value per bitcoin back up to at least a comfortable spot again.
Whatever Guerbuez says will have about this much effect on the markets: is this a waterglas? then i will be huge ! Moon! something about ripple then? Casheer?
|
|
|
stellars to the moon @2300sat+ it's time to buy and sell @10000sat next year STR will be dumped once distribution starts.(Bitcoin Program) What is this new distribution? 20% of STELLAR will be distributed to BTC hodlers! Does anybody know when the distribution to BTC accounts will take place? A claim page will most likely be online in the next two weeks. 19% to BTC holders 1% to XRP holders I can't wait to see this roller coaster, some people will sell, some people will HODL but someone out there will hold the price up. Ripple Labs will have press releases at the same time to make the stellar giveaway seem boring....
|
|
|
XRP can eat a dick for all I care Yea bitcoin could eat a dick for all a lot of people cared back in the day. However, they invested in the technology in the double digits and started selling in the triple digits and now they are more comfortable in life all thanks to Satoshi. No reason to discriminate if you can see an upside in something in order to help YOU get to YOUR goals in the future.
|
|
|
Answer is "never".
Any "centerilised" network can't pass Bitcoin on anything.
I understand what you mean, however, bitcoin could never get to $100, it could never get to $1000, it could never go back to $200 and so on. Once the XRP's are mostly distributed and there are more public nodes around the world, it will be more decentralized than bitcoin with all the unsafe exchanges and pools. But I admit this may take a while but its happening.
|
|
|
Most will say never, just like BTC would never go below $250$ or $200.
Hint: They are releasing more coins as we speak.
...
I read that they had stopped selling XRP to gateways. Do you mean they have started again? I don't have that kind of information, however, from what I know, they still are not selling XRP's OTC to gateways. All I am saying is the number released goes up every month....
|
|
|
If every bitcoin and ripple were mined (or whatever process ripple uses), At the current price, bitcoin would still be worth almost 3 billion more.
The "ripple process" is distributed. I remember reading somewhere that Ripple Labs really does want to distribute most of the coins in the next 3 years. Bitcoin only has about 7 million more to go over the next century. This crossing will happen sooner than people think. For now, a loose, just for fun, estimate is: (Don't take this too seriously) Jed locked up with about 7 billion XRP selling $10k of xrp weekly, soon to be $20k worth. Arbritto locked up with 3 billion XRP. Chris Larsen's 7 billion XRP being distributed to the 2 billion underbanked brand new internet users over the next three years. The retail investors with about 8 billion XRP. The institutional investors with about 5 billion XRP. Ripple Labs currently having parties and paying volunteer employees with 21 billion XRP's instead of with equity like early Microsoft. This leaves Ripple Labs with 48.5 Billion XRP's to sit and think about the most productive, consistent, and safest way to bring liquidity and utilty to the network in their karl marx board room. As crazy as this sounds, but with 40 billion XRP'S on the open market at $0.10 cents and bitcoin stuck in a 200s range, the stage is set for bitcoin to go up on good ripple news but be passed by at the same time on the overrated statistic of market cap.
|
|
|
http://money.cnn.com/2015/01/15/investing/bitcoin-prices/index.html?iid=HP_LNAnyone want to help spread education and good word about Bitcoin? Go to the CNN Money article (link above) and leave comments to help educate readers. It's amazing the misinformation and general bullshit being spread. One person referred to Bitcoin as a company!? The article, for the most part, puts Bitcoin in a positive light. Yea, I remember last year my mom saying she heard the CEO of bitcoin committed suicide.
|
|
|
Most will say never, just like BTC would never go below $250$ or $200.
Hint: They are releasing more coins as we speak.
So with 31billion counted on the site, autobridging, and a nice press release soon, I am going with February 2015.
It doesn't take much if BTC goes to double digits and XRP goes up.
Again, Bitcoin was an idea for the people to grow upon it. Let ripple be complementary to Bitcoin and be a safe place to hold and convert as well.
So what's your guess?
|
|
|
What is this... War Games?
|
|
|
I guess he's invested in the network thing but not the currency itself I agree with this as network being company share. However, he might of been gifted 10 million xrp's as well.
|
|
|
|