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I don't know what it is about bees, but after you annihilate their hive in search of that sweet honey, some of them still linger around for hours/days as if it will magically reappear.
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OK, bees, who dares to buy couple Ks, say at $4.99/BTC? (It's a steal, if you ask me.)
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The true believers in bitcoin should be buying up all the bitcoins they can while they're this cheap.
It’s never about the faith in bitcoin, because as a currency, BTC can rock, big time! It’s all about the mechanics of bitcoin; and your idea of BTC value just doesn’t fit the bill. |
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Supply and demand for bitcoins does not give BTC its value.
But supply and demand for goods/services denominated in BTC does.
P.S. Don't make me pull out the wizard hat again... Your honey is fake!
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when are we going 2 c double digits ?
if ever...
Once the average value of commercial transactions in the bitcoin general ledger (based on all existing bitcoins, minus those that are forever lost) is very close to the double digits, and the bulls strongly believe that it would soon exceed the double digit mark. Wait, what’s that buzzing?... It’s those fake honey bees again! |
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 Oh, look... the wizard hat!It's perfect for catching some of these bees. BZZZZZ, BZZZZZ, BZZZZZ... GOLD, GOLD, GOLD!!! |
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I don't get it. So because Fox Business did a piece on Bitcoin it means we are going down in price? I don't buy into fox anything but that twitter post and this thread just appear to be a manipulation of the market.
Gotta love the bee-ptimism. I go out of my way to point out the obvious details behind the latest 2 month-long rally, yet the oblivious buzzing continues – GOLD, GOLD, GOLD… BUY, BUY, BUY!!! Conclusion: the bees are not your average bulls. |
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A massive short squeeze would make not just my day but possibly my whole year. It would be literally priceless.
The only thing that will get squeezed for the next few months is a honeycomb. Use honey to lure out the bears so the bulls can take their coins cheaper? Now, that's a spirit! See you at $2USD/BTC or less. |
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A massive short squeeze would make not just my day but possibly my whole year. It would be literally priceless.
The only thing that will get squeezed for the next few months is a honeycomb. |
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I'm still in the building
uber smart money stays in the building, bitch
What’s with the hate? I merely provide the insight on perishable gold. |
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I actually want the exchange rate to increase because that would be a sign that people are investing in the project (hopefully some of them not merely as speculative investors but users).
The increase in BTC-driven commerce is the sign you should be looking for, not the increase in BTC exchange rate. |
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Where's da bees at!!!
Don't make me shake this hive again.
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So is that few month old video some sort of secret message telling CBS and FOX insiders to invest in bitcoin? Or am I missing something?
No, there's no secret message here... Just a successful attempt to use the media to further one's cause -- a bump and dump scheme. If only I knew that FOXBUSINESS and The Good Wife were planning on discussing bitcoin, I would help rally the BTC to at least 10USD, for good measure. |
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To create and maintain deflation in the Bitcoin economy, we have to wait for the inflation to end first.  There's no need in waiting... If you have 1,000,000BTC to spare, I'll give you the answer now. I have 1,000,000 units to spare, but they aren't BTC. If I can sell them for 1,000,000BTC, then you've got yourself a deal. |
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To create and maintain deflation in the Bitcoin economy, we have to wait for the inflation to end first. There's no need in waiting... If you have 1,000,000BTC to spare, I'll give you the answer now. not sure if serious... I'm getting a bit greedy here, but what's the hell... Why don't the miners start a bounty for the best answer on how to run/grow BTC economy? They are the ones who have the biggest gain if bitcoin becomes more than just a perishable gold. I believe I may have the right answer, but I'm not sure whether I should disclose it for FREE. Look, I'm just like the miners -- a contributing member to the future of BTC economy. If miners can get paid for their contribution, so should the BTConomist(s). EDIT: And if my answer does happen to win that bounty, I will spend it (no exchange) in the same way I earned it -- to buy a valuable service/product or a piece of information. |
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To create and maintain deflation in the Bitcoin economy, we have to wait for the inflation to end first. There's no need in waiting... If you have 1,000,000BTC to spare, I'll give you the answer now. |
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What you gain: Instant stability, long-term growth...
Bitcoin is stable enough, that is if you're willing to look past the market makers. I can't tell if your kidding, but what I meant to infer was the USD/BTC or fiat/BTC stability issue. Take the market makers out of the equation, and your stability issue will not be an issue anymore. Who says that you must sell BTC for USD (or other fiat currencies) in order to buy something with BTC? |
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It is important to note that, in the case of bitcoin, the 21mil bitcoin supply is just a monetary base. The total potential BTC money supply (in the smallest bitcoin unit - a.k.a. "satoshi") is 2.1 quadrillion. That's just a matter of normalization. You could just as well say that the money supply is 1. And 1E-8 isn't a fundamental unit of the system, it is just the smallest increment currently accepted. We could easily switch to 1E-30, but it would probably be more useful to use 1E-21. See here. It doesn't really matter what you set the money supply limit to be. What's important is how does one grow the money supply to that limit in a deflationary-by-design economy? And that, my friend, is a 1,000,000BTC question. Luckily, I may have the right answer. So, who's got that much BTC to spare? Don't be stingy! |
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