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Collapse of the dollar isn't the end of the world.
Standard of living outside the US will actually get better as export countries will need to serve domestic need rather than export their labor and product to US.
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I don't think $1.6 millions in bitcoin sales is "quite low", Overstock just started to accept btc and therefore the gain can only grow in the future.
They have been accepting it for quite a while. |
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The rule with gambling is simple and well known: never bet more than you can afford to lose.
But most people just go in rage mode and cannot think about what they are doing.
Thought process is taken over by rage when people gamble. If everyone think rationally, casino industry won't get this big. |
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Games of throne here. And it is getting better.
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How long do you think it'll be before you eat your first synthetic steak?
I hope never. I don't like synthetic stuff at all. The longterm consequences of eating synthetic food are not researched well enough. I don't want to participate in an experiment. I prefer to eat natural food. When it comes to meat, I'd rather eat less often and pay more for quality than considering synthetic stuff. ya.ya.yo! Soda, fat and sugar already done a great deal of damage. Don't think additional damage from synthetic food will cause any noticeable difference. |
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I used to watch Naruto everyday... until I was 18 years or so.... Back then it was real fun.  Then lost my taste for it. Hasn't watched any anime for more than a decade now.  the new ones are good. nartuo shippduen. i just read the manga and it gets crazier! Didn't know naruto has been around that long. |
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Got a letter from mtgox bankruptcy trustee today.
People who have money there can probably reclaim part of their money.
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Not using their platform should send a very loud message.
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They said they will send out board and chip to customers who have received the shipment.
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Hiring and implementing security measure cost a lot of money.
Without fee, who pay for the security feature?
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Gold is still the safest bet. It has been tested for over 1000 years and gold still considered money by many countries/civilization.
Bitcoin is still in its infancy stage.
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Will be hard to find a counter party for high volatility instrument.
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Not everyone owns a smart phone in 3rd world country.
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I don't think treating bitcoin as an investment is a good idea.
There are better investment out there without this much risk.
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They can never shut it down, there will always be a new silkroad.
You cant put the toothpaste back in the tube.
Also i think its a way better idea then what we have now,
Alot of people killing eachother over drugs, and with silkroad the violence is cut out.
Alcohol used to be illegal and cost a lot. Marijuana seems to be walking the same path. |
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Inflation is coming. Actually, it is already here unless you don't eat or buy gas. Best thing to do is have a diversification of cryptos and precious metals to survive the upcoming storm.
Daily necessity and food are more valuable during storm. |
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