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And the corporate cash is only hidden when it's in Bitcoin, as soon as its converted back into fiat (repatriated) it's on the record and the IRS can take their share.
This is a naive discussion, no?
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Why do you think a significant amount of companies would want to hide their hard earned profits in the wildly unpredictable Bitcoin when they can keep it in their own currency in Cayman Island bank accounts?
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Don't think this poll will give truly reliable/valid results.
Why would people lie about such a simple question? |
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Can you share a pic of the sold Doge coin? I've never seen one before. Thanks and good luck with your sale, these coins look great...
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And where does this put the alltechy BTC?
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It's time to get an anonymous tally on where our forum friend's BTC balances. I'm really interested to see how many of us are early adopters vs. hitch-hiker's to the moon (the current/late adopters). By no means is this scientific but I'm assuming that majority of high count BTC owners acquired their coins during the early, more affordable years.
Feel free to share your stories of BTC acquisition - glory or war!
Don't bother leaving a comment about how many Bitcoins you personally have, because...umm...this is awkward....how do i say this without hurting feelings...THAT'S WHAT THE POLL IS FOR!
Whether you're hodling or folding, good luck to you in the New Year!
In Bitcoin we hope...BTC
P.S. only the posers lie...
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BTC faucet payouts get better as the price per BTC in USD goes down.
Do you think the BTC price (per USD) will go up in the future? If so, you should spend some time back on the faucets. They raise the amount of BTC paid out with each roll as the price per USD falls. So while you're not earning any more USD equivalent per roll you ARE earning more BTC per roll.
The BTC payout per roll at free bitco.in has doubled since June (as the USD price per BTC has been cut in half).
Check it out for yourself.
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I'll bid $400 for the silver coin.
Btw, the others aren't bronze or brass. I know it sounds like a small detail but in the coin world those are two very different things.
Let me know if you want to move forward.
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Three months ago you could find many loaded Casascius coins available for sale on eBay. Today, there are maybe two. But there are a ton of copycat coins. The copycat coins (e.g., Cryptolator, Lealana loaded with BTC, Ravenbit, Serp, Titan, etc.) all look nearly exactly like Casascius coins and the sellers always include "Casascius" in the product title, which proves the owners of these copycat coins know they're merely weak substitutions to the real thing. Where are the Casascius coins, I can finally afford them!  |
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What makes you think they "let" the price run up? What makes you think they had control over it.
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Buying people presents for Christmas isn't the driver of declining prices. The driver is that there are more sellers than buyers. To everyone's Christmas point though, if more retailers accepted BTC and those retailers didn't want to sell their BTC as soon as payment was received you'd see a more stable price. For the recent news, check out www.coindesk.com, they usually have the latest. |
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I'm in, I'll accept some donations from your pension.
You'll find my BTC address in my profile.
Good luck you man, sell your signature space to make more money...then invest in options on Coinut.com
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> why is it ok for a group of people calling themselves the government to force everyone to buy their services?
If you are in a country that allows you to vote, then you are the government. In most countries, you are free to leave. You can go to a country that doesn't collect taxes. Somalia, for example.
You can vote but if you only have the choice between candidates of the system that lie to be elected and say they are different, it is hard to change the way things are. It is hard, but the advantage you have is that it's possible. All you need to do is rally people around one cause and make it happen. If a million people, actually 1,000,000+ people, went to the capital building in DC demanding change...and DIDN'T leave with without change. Peaceful protest by EVERYONE, change would happen. |
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Cops need to be held to a higher standard people need to respect their authority.
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One more thought...
Sending someone BTC is a great idea but if someone has zero exposure to BTC they're likely to just ignore the gift or cash it in...it doesn't really engage them in it, it doesn't spark curiosity.
Thanks for the ideas, any more are also helpful!
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Thanks for the responses, I'll check out the links. Btw, what are Bitcards? Casascius coins are better used for gifts for myself... |
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People forget the numbers. If everyone in New York state wanted to buy one bitcoin, they could not. This is a world wide phenomenon and if this hyper-bitcoinization event does occur, it will be of epic proportions. Go vertical baby....2017!  This is a really simple and powerful point. I may start thinking differently about the future of this thing. |
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You shouldn't be so worried about the cops or people on Wall Street. They don't give "fuck all" about Bitcoin.
You should be worried about the people in the forums we keep saying "BTC is sure to be double by the end of the year" with zero fact, logic, or thought put behind those statements.
How far down are you?
One thing that will give you some control is being able to invest money based on making bets about which way the price of BTC is going to go in the very near term - like next week, next month. See my signature if you're interested and don't bet on options more than you're willing to lose. At least you'll get some control back, there's nothing worse than losing control.
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The wording that model can evolve is simply put an alternative to SWIFT using blockchain technology
They won't need as many checks and ledgers and it streamlines the process at a fraction of the cost, money transferring is an old and successful model but the ways we transfer units of value does adapt and change over time, consider the original model of giving money to a bank and having a guardsman protecting the safe at the bank, then the transition to chequing accounts and cheques people used instead of cash, which was then steadily replaced with the use of Visas and the use of the SWIFT network to transfer assets.
Simply put the way we process transactions does change and EVOLVE over time.
The next transition would be to one where communications are secured through a ledger like Bitcoin, with very little margin of error as it communicates with the network, and the ability to perform more advanced contracts with sidechains and 2.0 technology.
Bitcoin is tested and utilized enough that it or a variant will be used in commerce in the future simply because the Blockchain itself is an innovation, the dividends I mentioned were indirect (If you aren't aware of Clam coins then look it up), not directly a Bitcoin dividend but the way it was distributed and the way you claim them kind of are, all you needed was a Bitcoin address in May claim the clams then sell them lol. (Effective dividend haha)
In the future sidechains could do similar things and its worth consideration.
Well, thanks for the education on the evolution of BTC transaction technology. I certainly agree that the transactions can evolve. I agree that they must to meeting changing technology and the needs of consumers. I still think Visa is a better investment today than BTC. What makes ppl think Visa couldn't adopt their transaction service model to embrace BTC as an emerging currency? It's concerning that some people compare the investment in BTC to the investment in shares of a company and the two are very, very different. |
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I'm not surprised by the news, China's population alone enables them to have a bigger economy than ours...it's not like who has the bigger dick, it's who has the greater number of shoppers.
What I don't understand is why all the bashing and negativity to the US economy? What's wrong with the US economy? (I'm talking business here, not politics, not social issues, not national defense issues.)
US businesses brought the world computers, laptops, smart phones, why the negativity?
brought : you used the past. And they are built in china, like most stuff because they are the world producers, they are the best at producing. And the companies that have the intelligence to create, engineer, mass produce and market these products are American...HP, PalmPilot (US Robotics), Dell, IBM, Xerox, Apple, Microsoft...And the creator of Blackberry is Canadian (RIM), need i mention more? They could have been built anywhere, China was just able to do it cheaper than other options. Last week I put together a bookshelf from IKEA, that doesn't mean that IKEA is all of a sudden a product created in my home. |
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