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Is there no place to buy them p2p. I would really like to use my paypal funds and dont want to wait to set up accounts and bank transfers.
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Where do you go to buy ripples?
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Well this is the permabull thread i was looking for, couldn't find it  hi guys, are you still hodling?  permabag holders You seem quite bitter about bitcoin. You are probably going to be dreadful company when bitcoin breaks out again. Its not gonna happen |
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Sublime5447: The abundance model sounds like a great way to create a cascading credit crisis to me. Kind of like Ripple. What am I missing?
The credits must be redeemable, you can only issue credits that you have the ability to redeem in good or services. It would have to be tied to a reputation keeper. Can you expand on that? I don't see how you could 100% guarantee an issuer has the ability and willingness to redeem the credits they issue. Nothing is 100 percent sure, it is not my proposal, it is Paul Grignon's (the creator of money as debt) Link to proposal http://www.moneyasdebt.net/https://www.youtube.com/watch?v=XyWfUqEyIZc it is important to note that perpetual coin is just the standard and does not circulate. |
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Coins would be issued into existence instead on being created through mining.
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Sublime5447: The abundance model sounds like a great way to create a cascading credit crisis to me. Kind of like Ripple. What am I missing?
The credits must be redeemable, you can only issue credits that you have the ability to redeem in good or services. It would have to be tied to a reputation keeper. |
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Well this is the permabull thread i was looking for, couldn't find it hi guys, are you still hodling? permabag holders |
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lol @ the idea of bitcoin with variable coinsupply. lmao
Fiat is better than that for sure
Price stability requires an elastic supply, currency is a system of measurement, we dont limit the number of inches and we shouldn't limit the number of units of value. lol, good luck with that. I disagree. Pricestability does not need central planning, it just need lower dilution of existing coins (aka lower inflation). Bitcoin is not designed to hold its value, it is designed to be volatile. Lower dilution of coins (lower inflation) would lead to better properties in holding value and thus to shorter bearmarkets. Bubbles would still occure and pop but it would come back more reliable and quickly. Go ahead and relaunch it with central control of moneysupply and see if you can get that sold.  What you are actually basically saying is: "bitcoin has failed because it has no central control and the FED is doing it right" Can't be serious. That is what you are saying. I am saying the USD and bitcoin are both failures because they both work on the same principles. The miners are the central issuing authority, soon to be two brothers alone. https://bitcointalk.org/index.php?topic=377701.0 Two Kinds of Money 1.The Scarcity Model: A single uniform quantity in limited supply made valuable by its own scarcity. In other words, the value of this type of money depends on the supply of, and demand for, the money commodity itself. Conventional definitions of money define money only in terms of this model, a "medium of exchange". Examples are: cowries, gold and silver, fiat cash and coins, bank credit, and now, in the model's purest and most spectacularly speculative form, Bitcoin. 2. The Abundance Model. A promise of something specific from someone specific made valuable by its redemption in real production. The value of this type of money is defined by the promised redemption in goods and/or services. As such, this type of money is promises of an indefinite number of non-uniform commodities in indefinite supply and, unlike the limited quantity "coin" concept of money, the total quantity of these credits in circulation does not affect their value, because the value of a credit is defined by what its issuer will redeem it for in real goods and/or services. Examples are: business-to-business barter credits, customer rewards, travel points, discount coupons, mutual credit systems |
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lol @ the idea of bitcoin with variable coinsupply. lmao
Fiat is better than that for sure
Price stability requires an elastic supply, currency is a system of measurement, we dont limit the number of inches and we shouldn't limit the number of units of value. |
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Only one reason really, PoW mining expense
Thats not the reason but is a big part of it. The reason the price is dropping is because one the price never really went that high, it was really just because of manipulation at the mt gox. exchange, see this report (willyreport.wordpress.com/) and secondly the price is falling because it was sold to the public as a currency which it is not, bitcoin is a digital collectible it is the equivalent of a digital baseball card and you cant price an economy in baseball cards. |
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Either the best scammers in history or these guys are legit, OP what is the underlying motivation? You will become the central bank of bitcoin, what is the goal? what do you plan to do with your exorbitant privilege?
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This is fucking hilarious... yeah it looks legit, bitcoin central mining authority.
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Seems like CNNMoney supports the dollar. Bitcoin worth 328 dollars. lol Yes Bitcoin so went wrong  Down from 1200 and falling. |
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...should i sell everything now or wait for another dead cat bounce?
Will there be another fake recovery or 350s are thing of the past?
no , there will never ever again be 350, that was it. now it will always go down for fifteen years straight. sell all. Right just like beanie babies. |
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20 bucks or less.
600 posts almost ? you're not very smart. If I was you , I would delete my bittalk account , forget about bitcoin , get some average joe shmoe job , like Mc d's or starbucks (seems good for your brain capacity) That is not a post counter newbie. Name: sublime5447 Posts: 2152 Activity: 574 |
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Can you explain why you think BTC cannot succeed? Seems to me it has already proven itself and jumped the significant hurdles. Perhaps BTC will languish until the next financial crisis, but at some point the mismanagement of fiat will have people looking for alternatives again, and I don't see a better alternative than BTC.
https://www.youtube.com/watch?v=GYJdOiLqSxEMany reasons. I think if there is a crisis people are more likely to run to something safe, not something wildly speculative with untrustworthy institutions. LOL , this guy , you believe the logic of an old fart , talking on CNN , with some other guy that doesn't even understand what BTC is all about. His main argument for bitcoins failure is : not enough people use it lmfao , 600 posts , you're dumb as heck I would say the main argument is that bitcoin is a psuedo currency that was pumped by a bunch kids speculating. I would say that is dead right. |
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Can you explain why you think BTC cannot succeed? Seems to me it has already proven itself and jumped the significant hurdles. Perhaps BTC will languish until the next financial crisis, but at some point the mismanagement of fiat will have people looking for alternatives again, and I don't see a better alternative than BTC.
https://www.youtube.com/watch?v=GYJdOiLqSxEMany reasons. I think if there is a crisis people are more likely to run to something safe, not something wildly speculative with untrustworthy institutions. |
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He is right... old man gets it, retards here dont
"it is not going to take over the world"
"There is no there there"
"more people in kuwait frequent fliers club"
Greedy tech kids.
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