chaos theory ... fractals ... R script ... logistic function ... oscillate then bifurcate ... lorenz strange attractor ... probability distribution ... stochastic noise Sounds bullish. get out. |
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Rothschilds own just about all the worlds central banks, control gold market from London, net worth is about 50% of world wealth. I think they are the ones to worry about
Care to quote any source on that which isn't a Conspiracy Theory Website? |
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What if Satoshi wakes up multi-dollar-billionaire, and decides to spend his coins to hire mercenaries to invade my country and turn it into a parking lot he then owns and operates? Nothing new. Nothing exclusive to Bitcoin. Happens all the time.
I said extinct and I mean it. |
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As for the power that comes with money, most people here could use those money just as wisely as the current politicians and banksters. They are, after all, kleptocrats and sociopaths, you know.
There are shades of grey when it comes to that. We're pitch black. I genuinely think that if the people present in this forum were to be on top humanity would be extinct within a month. |
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Fine, now tell us how the number of coins relates to the number of addresses, or disk space for that matter.
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but can't the 51% decide to increase the max number of coins by 100x?
This will disbalance original idea. 100x more coins => 100x more addresses (and required disk space) and 100x less security. Please learn how Bitcoin actually works, thanks. |
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a cryptocurrency needs to reward early adopters to further adoption,
Only the ones currently out there, because of lack of another incentive to use it at all. Just because we don't know how to do it otherwise doesn't mean it can't be done. |
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Getting out of Gox is pointless now, if you don't want to bet that the issue is resolved positively you would have left already.
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There is no USD flow in either direction and outflow of BTC.
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Someone has been stocking up on bitcoins with no indication of selling them. Add to that the fact that there are probably ....
I stopped reading right there. |
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A mere 59 word article! Ideal for the attention-span challenged generation. There isn't much else to say about it. |
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Imo,Up.....as long as Mtgox is the lead exchange for BTC.
I disagree. Bitcoin is much bigger than GOX. About twice as big. |
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What would happen if mtgox were to call for a bail out from it's depositors? How likely would that happen and what would be the resulting consequences?
Not much, I think, the zealots will blame the FEDs and Mark.K will get a get out of jail free card by the community.
Mtgox is after all - too big to fail!
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Expert advice: Take all your money you have on your bank accounts and directly wire them to mtgox (it has to be mtgox otherwise this won't work), along with a market order to buy as soon as the funds arrive.
Sell your stuff except a sleeping bag and 2 pair of clothes and do it over.
Then take the largest, longest loan you can get and do it once more.
Once you have done that go to the next park and wait. (You know all the others there are doing the same thing, the new wealthy elite, just wait.)
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I've read Simulating the Bitcoin economy and I don't think that is coincidental.
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I don't have to explain myself.
you usually complain about money velocity and when it comes to inflation your opinion is the less the value of the money becomes over time the better it is LOL If you say so.Actually I'm in favor of a system where the buying power of the money remains constant. And this is clearly impossible. ... because, should something like a stable currency show up, people would be less interested in holding assumed inflation hedging assets, which would itself change all prices, including the price of money measured in goods. Ever heard of the Nash Equilibrium? |
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...he's your typical politician, loudmouthing about everything that's currently popular.
Bitcoin is no exception.
Absolutely incorrect. He has been speaking consistently on the evils of fiat currencies since first elected to congress in 1976. He seems to be speaking about Bitcoin only because other foes of fiat keep asking him about it. He follows his agenda like any other politician. |
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So early adopters in bitcoin are still better than federal reserve banks
Don't call them adopters, nobody adopted anything. They were early miners, you can argue they've earned it because they promoted Bitcoin initially. But then you'd have to give the FED bankers the same credit. They too were in the right place at the right time. |
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I don't have to explain myself.
you usually complain about money velocity and when it comes to inflation your opinion is the less the value of the money becomes over time the better it is LOL If you say so.Actually I'm in favor of a system where the buying power of the money remains constant. |
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