Wise men always choose Gold over bitcoin/money
So are you a wiseman abraham? abrahamlitcoin is a wiseman because he uses litecoin. |
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No no no no. First, Mises is not a good reference. There is a reason the vast majority of econ professionals look at the Austrian school like an embarrassing little brother.
Second, Bitcoin holds no inherent value, none. There is no transactional benefit in using Bitcoin versus a currency. An internet fad =/= superior system.
Austrian school that is annoying because it is right all the time and the big brother with the power hates being reminded about it all the time. And thank you for making your view on Bitcoin clear instead of just trolling. My ignore list welcomes you. If I wanted to discuss the dollar I would go to bankrate.com. This is a big part of why Bitcoin and Mises aren't taken seriously. Folks manage to, at the same time, be supremely sanctimonious and plug their ears of any different lines of thinking. Yes, but i have the fear the dollar supremacy can reinvent itself and keep growing forever. |
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Thats the spirit OP. We'll gonna make it to 300 years old.
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Damn, I wonder how many exchanges have been demonstrated as nothing but scams thus far. Like 99% of them end up badly. |
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What do you mean 600 BTC? you mean 600 USD??
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Cloud mining. The noise from hardware miners drivers me literally insane. Hardware miners are only cool if you live in siberia or something.
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First lesson, its bitcoin not bit coin.
It's Bitcoin not bitcoin.  Anyway OP, forget about mining, in any way shape or form. Just convert your wealth into Bitcoin, or go search for some services to offer in the marketplace sobuforum. Thats how you get Bitcoin thse days. The dream of mining a lot of Bitcoin and going rich is over. |
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You earn them. You're not going to get them from some easy method so you have to put in a bit of work. Trade, hold, do a signature campaign, offer services, sell goods, whatever.
And thats exactly why Bitcoin is crashing. People expect free money from it, when they see it isn't free money, they say "whatever, if im going to continue being poor, why even bother?" |
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Hi guys..I am a new member in this forum..Currently i am doing a research related to bitcoins anonymity and scalability..anyone has the same interest? Is there department in this forum specific in bitcoins implementation? now i am trying to write java program that will able to connect with bitcoins server Regards Maybe the Bitcoin Development section is of your help. |
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You'll be happy that your grandma has died because get money, in return you'll invest in BTC and it will keep crashing lower, then you'll panic sell and it will start going up again, then you'll join your grandma soon after.
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I had a laugh when I saw the date. This could have been a fallling alt for all I know.
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Why is this even allowed here then? Does OP get away with it? Im not judging this from personal experience but fuck, does this sound like a scam or what...
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I love the big gap in orders in Poloniex. Strong community. Don't let these bastards trying to push the price down. Value your coins.
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How can you calculate the coins you can get given your nightwork weight, given X time? it say my weight is of 180412, expected time to earn reward: 2 minutes.
Yet i haven't recieved a single reward yet.
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Everytime an exchange suffers downtime I suffer a small heart attack.
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Find an altcoin that you have faith in. Something that is different and in some way better than the rest. Study market trends, check out different coins, find one that is under valued and buy as much as you possibly can. This is how warren buffet made his billions in the stock market. By finding a company that was undervalued by everyone else but he saw potential in. Then he loaded up on the stock and waited.
I would suggest Supercoin or Myriadcoin. Both have a TON of potential. I have a very large amount invested in SUPERcoin. It's technology is better than all other anon coins and it is so cheap right now. Buy for 500 satoshi and eventually it could be $1 or $10 per coin. Read, read, read... talk to people, study the charts, make a decision based on the information and you'll do just fine.
There isn't a single coin out there that can outdo Bitcoin, no reason to think any existing coin can overtake Bitcoin's spot, therefore, no reason to think there will be a x1000000 whatever price explosion like Bitcoin had. You could get some cash out of alts, but not rich, unless you hit a really lucky scenareo as greatle described by poster xmasdobo. |
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I'm quite sure bitcoin will recover. Just hold guys, you'll see the light in time. If you have doubts, google bitcoin, go to the news tab, and read the many encouraging articles written daily by innovators and academics alike. Every day a new rich person understands, it's just a matter of time
We need it to go from "innovators and academics" towards "common folk usage". The question is how in hell do we get there. |
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The last 1K rally took literally days.. so you never know. Realistically and judging by my own TA, we will not see ATH again until 2015+
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The 21 million doesn't mean much really. The decimal point can be moved around. You would still need to go through a middle man to exchange btc to local currency for remittances. How exactly is btc going to lift the third world out of poverty? Many btc holders have already fallen victim to theft, and many more will in the future. People of the world won't suddenly turn to btc in the face of economic collapse.
Because the unbanked of the world will now be able to save their money. As the value of each bitcoin increases dramatically over the next few years, they will finally be able to accumulate wealth, free from corrupt government influences within their countries that would desire to confiscate it. How can you possibly save wealth when there are savages everywhere that can rob and rape our family anytime? stability is needed first before third worlders can even hope to relax and acculumate wealth. Yes, BTC is great, but you are being delusional. |
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Bitcoins price is too bloated to promise people easy riches. And that has been the main attraction to buy BTC.
BTC's large market cap is made out of artificial deficit and fraudulent trading by MtGox's bots and fantasy fiat.
So, now the market will just slowly run dry while new alternatives emerge that have better technological properties and a smaller market cap, that will attract the get rich quick gamblers again.
Bitter troll who missed out on any gains posting negative tripe again. You reference get rich quick gamblers, oh the irony. If alt coins are so amazing, why devote any wasted time on here at all? Well, how he isn't completely spot on with this: Bitcoins price is too bloated to promise people easy riches. And that has been the main attraction to buy BTC. It doesn't get any more accurate than this. The main attraction, excluding crypto nerds that love the technology, for Bitcoin, has been storing wealth and hoping it goes up with time. That's that. The common folk is not interested in consuming with Bitcoin. How can you prove this wrong? It's the cold hard fact. And when the common folk sees they cannot get much profit anymore, Bitcoin will become a game of rich people, just like Gold. It will be digital Gold, not digital currency as we know it. That's that. |
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