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I'm amused by these transparent 'fishing' attempts by people. They either have never traded anything that fluctuates in value, or think something like this will actually move price.
I'd say 'nice try', but in all actuality it is just a sad, sad attempt. All aboard the failboat!
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You may consider buying bitcoins versus mining, but the choice is yours. I understand the draw of tinkering around with hardware.
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If the same ratio to difficulty is maintained, the median forecast of:
847013
Would indeed require price to be at the 46 - 50 level.
Interesting times ahead.
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That's fine, if you want bitcoin to only be used by libertarian nerds.
That's what I like about you, no broad generalizations. Because, as we both know, only someone who has no argument to stand behind resorts to that kind of thing. |
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oh ur just jelus of my sharp superiur witz ololol
ROFLCopter |
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Are you comparing a few hundred dollars to an entire credit card company? As the amount of money gets larger, so does the burden of proof needed to show that it is not ill-gotten.
I assure you, it is probably orders of magnitude larger than 'a few hundred dollars'. But as we all know, cash is king when it comes to buying drugs, financing illicit war ops, you know -- all the fun stuff government does. |
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I hear that people have dollars in their pockets that have bought drugs before, or even better, have traces of cocaine on them. Can't do that with bitcoin  |
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Appreciate the work, surprised at some of the prices. You'd think those graphic cards had a nugget of gold in the GPU |
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ITT: We fail at sarcasm.
Just like you fail at... everything? |
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I'd be happy to write an introductory primer with screenshots - anyone up for contributing toward such a thing?
Open to a reasonable bounty.
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If you are spending more money "Green toilet paper", in effect supporting it under your definition that using a money is all the support you need to do, to try to make Bitcoin legitimate the gap remains the same. That's why people need to work with what we have now. Legitimate and competitive is a lot better than illegitimate and noncompetitive if you want to spread ideas around.
And if you really don't think that if a country find Bitcoins a threat and doesn't fully understand, that other countries aren't going to come to similar conclusions? Unless we adopt the United States of Bitcoin your idealism isn't realistic.
You yourself admitted that we have a hybrid system until bitcoin dominates. I support nothing - I have GTP in my possession because of its 'mindshare' at the moment. I'm converting GTP into bitcoins at the rate I can. Bitcoin is already 'legit' as a currency, the rest will follow. I do think that many people will consider bitcoin a threat and choose to restrict it rather than embrace it. That is the whole crux of my argument, to be prepared for this reaction. Idealism isn't realistic when not backed up by facts, but I do know the facts. Bitcoin will win. The green toilet paper dollar will lose. Pick your side. |
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Yes growth supports the legitimacy of Bitcoin but that alone doesn't make Bitcoin legitimate in the eyes of others.
If someone wants to burn down your house. You don't just let them do it move else where. The idea is you are avoiding doing something that prevents you from having to get up and leave. You are letting it be illegitimized even though there are obvious other things that you can do.
And while you are doing it you have to actually have utilities and live a normal life. We aren't all vigilantes we want to be allowed to be normal people who are using a legitimate currency. Not Batman.
That is why bitcoin matters.
I can do it all, you know, make everyone think bitcoin is 'legit'. It will prove that on its own accord, when they get paid their salary in it. So, you are saying I need to protest a corrupt system using minimal resources and zero political backing? Guess what, the internet has a way of dealing with defective nodes, it just routes around it, because it is the best strategy when dealing with a lost cause. We don't have to 'do' anything with these politicians, just let them sputter and murmur, pass some ineffectual legislation - then move on to getting elected again - which is all they really care about. I get it, green toilet paper is commonly accepted - but I'm thinking about the future where that commodity will be used for wiping your backside, not picking up a six pack and some smokes. Just support the system, however you can. And that includes using bitcoins to buy knitted scarves from your grandma. Every damn transaction counts when it doesn't involve green toilet paper dollars. |
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Then why don't you stop using USD why don't you move to some deserted island because technically in your view of idealism you aren't free anywhere there is government. This is the idealism that hurts Bitcoin, its also called intentional inaction.
I'd rather not, I am only expressing that I am willing to stand up for what I believe in. I don't see how that 'hurts' bitcoin. Bitcoin doesn't care, just as long as I'm willing to trade with it and continue to tell people about it. It is a currency, not a girlfriend. Inaction? I'd call the willingness to move several thousand miles anything *but* inaction, but I guess we can rationalize anything if we put our minds to it. Here's the bottom line - governments will try to mess with bitcoin, banks will, anyone with a link to the legacy system will. We know this. So prepare. Even if it means running a client or a miner in your basement and never telling the neighbors about it, so you don't get raided by the special police task force dedicated to eradicating free currencies from the land (if that ever comes to pass), it counts. Every act of defiance counts. That is why bitcoin matters. |
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So it comes down to black markets and citizens willingness to flaunt authority eh? Yeah, I'm pretty sure we can do that. |
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What you don't seem to understand is that while "you" might mean diddly squat the effect "you" on someone else maybe a friend or a friends friend. Sooner or later you rally enough support and those who has substantial say and then the ability to lobby for whats right instead of just letting people fuck around with you because you don't think you make a difference.
While the US might not have direct affects on other countries what you don't realize is if Bitcoin does go down in the US sure Bitcoin might be fine and dandy. BUT WHY WOULD YOU NOT TRY TO PREVENT IT GOING DOWN IN THE US ANYWAYS?
I'm not saying let US regulate Bitcoin. I'm saying don't let them BAN it. Those are two completely different ideas.
We aren't people who can just live through ideals. People have realistic jobs and have to make a living.
I am preventing it. I run the client. That is all we have to do. If they come for us - they'll have to deal with other strategies which include leaving the continental united states. Not everyone has that option, true, but I'm willing to go where I can be free - not just dream about it. |
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I dunno dude, it only cost me $8/year for the domain.
The average lifespan for a human being is 75 - 95 years. I submit that bitcoin will be around long after your domain registration lapses. |
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People like you have your head up in the clouds don't understand or realize the key issues:
Anyone can say Bitcoin's fundamental values make it effectively better than anything and strictly because it is better it will succeed. Any sociologist will tell you, you are terribly ignorant if you believe that. The best technology, the best economic policy, the best doesn't always win in capitalism. You should "Not just use Bitcoin" but support it politically and socially. Don't just sit smugly on your ivory tower thinking your best when there are bulldozers waiting to just crush half of it. What would you rather have a small US Bitcoin community forced to work under the table or a widely accepted form of currency?
Take online poker in the U.S. for example the only reason it is even holding on is because of litigation and support from the poker community. The government ignorantly banned it and if no one decided to go against it and just sat there saying well "I know its legal" you would be shit out of luck.
Your mistake is making the assumption that the USA is the world. I live in the USA, and even I know that. What politicians do here and abroad don't mean jack. They can't even stop something they 'declare war on'. How are they going to stop this? Shut down the entire internet - worldwide? I know everyone has been brought up on the thought that government is out to help us, but guess what, they don't give a flying shit about *you*, the voter. Only when they need you do they even try to make a token effort to communicate. The system is due for an overhaul, and cutting their legs off, in the form of a free currency will provide such an opportunity. We won't have to care when we have a global medium of exchange, outside of their control. Think a little bigger, I promise it won't hurt much. |
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We need a new category for these posts:
"Alarmist"
"Conspiracy"
"TrollLoLOLOLOL"
I mean, really - is there a purpose to this crap?
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When it comes to bitcoin, I'd say 1 bitcoin is equal to one ounce of gold. We just haven't reached that point just yet.
It's already been proven that Bitcoin is 500 million trillion times the value of gold. Why are you underestimating? One step at a time. It isn't at gold parity *yet*. And I made no assertion that it was the end of the rise in value. |
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