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2521  Economy / Economics / Deutsche Bank Says Good Things about Bitcoin on: August 03, 2015, 01:02:33 AM
Deutsche Bank is one of the latest banks to back blockchain technology. The Frankfurt, Germany based bank has responded positively to the European Securities and Market Authority’s (ESMA) call for evidence on investments using virtual currency and blockchain technology.

http://www.newsbtc.com/2015/08/02/deutsche-bank-says-good-things-about-bitcoin/
2522  Economy / Economics / Re: Bitcoin or gold? on: August 03, 2015, 12:42:04 AM
bitcoin is the future of gold
if Bitcoin ever reaches a mainstream reputation similar to gold regarding its usefulness as a store of value, we can probably expect price increases at the cost of the gold price.
2523  Bitcoin / Bitcoin Discussion / Re: What's your biggest problem with Bitcoin on: August 03, 2015, 12:39:20 AM
It's difficult to know whether your Bitcoins are truly secure or not, regardless of how many precautions you take. Maybe it's just me, but I'm always checking my balance to see if someone managed to steal my coins.
2524  Economy / Economics / Re: Price stability on: August 03, 2015, 12:35:29 AM
Eventually everyone who is interested in trading bitcoins will trade bitcoins and we will see a stabilization of price, with regular market fluctuations.  Anybody hazard a guess what sort of value that will be?  tens?  Hundreds?  Thousands?  BILLIONS?
Bitcoins: if the price hasn't changed by more than 15% in the past 60 minutes, it's stable Cheesy
no kidding. From a market that swings 50 dollars easy, anything seems stable
2525  Bitcoin / Bitcoin Discussion / Re: Bitcoin: Should you stay or should you go? on: August 03, 2015, 12:23:45 AM
I think the long term success of bitcoin might just well depend on how mainstream it finally ends up getting. The better the users and use of the currency the better chances of it's success and acceptance
2526  Bitcoin / Bitcoin Discussion / Re: CNBC anchors are so oblivious to Bitcoin....LOL on: August 03, 2015, 12:15:17 AM
Nobody is making decisions based on the talking heads there. They literally have segments where people just shout at one another trying to drive retail investors into random stocks
2527  Other / Off-topic / Re: Worst mistake you did with Bitcoin? on: August 03, 2015, 12:12:17 AM
I ended up sending them to MtGox... about 2 weeks before that all fell over. Guess that was probably my fault too
2528  Other / Politics & Society / Re: Who wants to start an anarchist micronation? on: August 02, 2015, 11:39:19 PM
A very common objection to anarchism is that people are inherently immoral, or stupid, and couldn't be trusted to govern themselves.
2529  Other / Politics & Society / Re: Man stabs people at gay pride march in Jerusalem for second time on: August 02, 2015, 11:28:18 PM
I'll never understand folks who think being gay is wrong yet stabbing someone to death is okay. If you don't like gay people, just leave them the hell alone and mind your business.
2530  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: August 02, 2015, 02:20:10 AM
Bitcoin has been traded for roughly 5 years. Each year it has significantly increased it's value.
Will it continue? I don't know. But in terms of potential, it has to have much more potential than gold does.
2531  Economy / Economics / Re: What do you guess about he future of bitcoin? on: August 02, 2015, 02:14:21 AM
There are many reasons to like the idea of a future where Bitcoins are a viable currency. Especially as the mainstream media and new communities become more interested in Bitcoin, the first pitch should focus on these political, social, economic, and technological advantages.
2532  Economy / Economics / Re: A currency based on nothing is doomed to fail. The US Dollar is this currency. on: August 02, 2015, 02:07:27 AM
official currency only have extrinsic value because that is what we agree they are worth. If we agree they are worth nothing then they have no use
2533  Economy / Speculation / Re: Panic sellers and non-holders beware: This could be you in the future. on: August 02, 2015, 01:36:17 AM
They will never learn. 90% of them will end up with less coins than they would have if they hold. Can't feel sorry for them. It happened so many times before so it's not like they couldn't have learned from it.
2534  Bitcoin / Bitcoin Discussion / Re: Bitcoin: Should you stay or should you go? on: August 02, 2015, 01:30:58 AM
No need to be smart to figure out that Bitcoin infrastructure is going to grow exponentially. There are so many services that are being built right now that will give more value Bitcoin and more confidence to it's users.
2535  Economy / Speculation / Re: Those that dream of $1200/bitcoin can thank this man. on: August 02, 2015, 01:25:54 AM
a bot that was a small percentage of MtGox's volume, could really single-handedly incite an entire bubble when there were at least 2 or 3 other similarly sized exchanges?
2536  Other / Politics & Society / Osama bin Laden's family dies in private plane crash in London on: August 01, 2015, 04:23:52 AM
Osama Bin Laden's stepmother and sister are thought to be among four people killed after a private jet owned by the family crashed into a fireball after overshooting a runway while trying to land outside London.

http://www.dailymail.co.uk/news/article-3181443/Plane-crashes-Hampshire-car-dealership.html
2537  Other / Politics & Society / Re: City of Reno replaces American Flag with Gay Flag on: August 01, 2015, 04:14:24 AM
Nothing against the idea at all. But to take the country flag is a bit much.
they took down one flag for symbolising a group.. but they can put up another? i don't get it
2538  Other / Politics & Society / Re: R.I.P. on: August 01, 2015, 03:40:58 AM
Some people hate on wrestling, I'm not a fan myself but the strain these guys put on their bodies is incredible. I always think back to that movie The Wrestler with Mickey Rourke. It seems to give an accurate portrayal of the industry and the toll wrestling takes on the body and mind. RIP Roddy.
2539  Economy / Speculation / Re: Are we going to see $1000 again? on: August 01, 2015, 03:35:30 AM
If you see what happened to the Bitcoin economy since the first time the exchange price hit $1000 and what possibly is at the horizon, I think it is pretty much inevitable
2540  Economy / Speculation / Re: I AM HODLING on: August 01, 2015, 03:24:01 AM
It's getting expensive to buy more now...

In 3-4 years you will say buying at actual price was cheap!!
Just accumulate each month a bit.Instaed of smoking or drinking in bars for instance use that cash to buy fractions of Bitcoin.
Each bit counts! Wink
I always advise, invest what you know you won't need any time soon, for instance a year or more. Then hold, wait, and ignore the market fluctuations. You will gain either way. Wink
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