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This is the way I look at it:
Bitcoins can't continue to grow in value at this rate forever. Let's say Bitcoin really takes off, fulfilling all of our dreams and becoming the dominant world currency, trading at 1 BTC for 1,000,000,000 USD. I sincerely believe those with "Bitcoin hoards" will part with some of their stash in order to improve their quality of life, purchase goods, fund projects, etc. Even if they don't and end up like the little old lady who dies in a shack surrounded by filth but with a mattress stuffed with cash, their BTC will just get passed on to their heirs who are more likely to inject them back into the economy. By hoarding bitcoins now, they're simply taking them out of circulation temporarily.
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Done. (Glad I had enough room left in my signature.)
1PYYdJekwdXahLE9YjyWhfEBJ6mJczuwU4
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I'm male, 38, married 15 years, one child, introvert by nature, extrovert by necessity.
My father was Anglo-Saxon, my mother is from Mexico; in other words, white people assume I'm white, Hispanics assume I'm Hispanic.
Intellectual? I like to think so.
Education: High School graduate.
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Definitely an improvement. Thanks, theymos.
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though i do admit the resemblence is stricking, and the fact that they have the exact same name even more so, but that Charlie Sheen is only 22 years old, the famous one is much older i believe.. Call me crazy, but I think this person might be using a pseudonym. Crazy, I know! |
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Due to the recent rise in value of bitcoins, I've reduced prices at BitBrew. I've chosen not to slave prices to whatever the current exchange rate is in order to do my part in stabilizing the economy and so that past customers won't feel like they overpaid simply because they didn't wait one more day before buying. I will, of course, respond to huge fluctuations like this last one. Don't forget to check out our new coffees! |
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I'm "edd" here and on other online forums and I created a twitter account for my coffee site, @BitBrew. Now, if just a few more of you guys would buy some beans from me, I'll quit my day job and tweet a lot more, promise.
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Since so many people have been asking where BitBrew ships from and how fresh the beans are, I've added an About Page to the site. Here it is: BitBrew was launched in May 2011 with the lofty goal of providing high quality coffee exclusively in exchange for bitcoins in order to do its share of sustaining a viable economy with the controversial crypto-currency. As of yet, BitBrew is run solely by one individual (me) known as “edd” at the Bitcoin.org forums and elsewhere. Located in San Antonio, Texas, BitBrew gets its coffee from a local roaster and ships anywhere within the contiguous 48 United States at no additional charge. Beans are usually roasted on Mondays, Tuesdays, and Thursdays and shipped out the next day, with delivery time varying according to the distance your order must travel. For example, Ian's order was placed on Thursday, so his beans will be roasted on Monday and shipped out on Tuesday to ensure the freshest possible product. Of course, if sales skyrocket, I may be able to persuade my roaster to work everyday.  |
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New roaster means new inventory!
Local roaster means fresher coffee!
Professional roaster means wider selection!
Only 24 hours in a day means I haven't gotten around to adding everything to the site yet, but I will.
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Yes, it's another directory of Bitcoin related sites, The Bitcoin List. Brought to you by the creator of BitBrew (me). I just did quick and dirty site descriptions, but submitting your own is free via the contact page. If you would like to post images, include the url or request my email address. Advertising: One (1) BTC puts your banner in the random page view rotation. Submitting your banner more than once increases the odds of it appearing. Please use this thread for comments and suggestions. |
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The original group is estimated to have about 20% of the current currency in circulation. If they have it and they're not spending it, it's not in circulation. |
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Afterburner's argument seems to be that since the minig difficulty has increased, it is no longer profitable and the "average Joe" won't accept Bitcoin because he can't make money off of it.
Afterburner229, Bitcoin is meant to be an alternative currency, not a means to profit from mining (that just happened to be a pleasant side effect for early adopters). If the "average Joe" won't use it because he can't understand its benefits, it's not up to us to pay him to use it.
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TheKoziTwo, I sincerely think a 9 hour timer is much too long!
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LOL it says i will be teaching you or proteting from JUST 5 BTC as in you pay me to protect ur stuff or teach u how to on ur own xD
If more than 5BTC are coming after you, it's every bitcoiner for himself! |
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Crap, as soon I do not look, I lose D:
And then my strategy was hijack the first page upon bubble bursting, but there are already 8 pages O.O
Not only that, there's already 8 pages of burst bubbles! |
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