.... the old fiat usd will be exchanged for the new currency and our bitcoins will be revalued in the new metals backed currency.
Nobody is going to revalue bitcoin other than 'we', the market. There is a world outside the US. We are already revaluing bitcoin every day and the inevitable scenario is already priced in partially. The revaluation will happen, but again, we (and newcomers) will be the ones who will revalue bitcoin. Spoiler alert: the price will moon. |
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100 people taking the advice is 300k. 1000 people taking the advice is 3m. There won't be enough for 10k people to take the advice. Even right now, there's only enough for less than 3k people to take the advice. In 3 years, there's still only enough for 6k people to take the advice, excluding current major holders. Likely, there will only be 3-4k people that ever need to take the advice.
So where can we find another 3-4k people in 3 years? Given the small amount needed and the number of us there already are, a considerable amount of time can be spent per 'recruit'.
Say there's 200 of us now. If we each find 15-20 people that think they want to take the advice and do it over the next three years, well be way okay.
Shouldn't be too bad. Go make a single new middle class friend every two months from now until three years from now. Get them to take the advice.
Seems like hardly any work at all, given the yield.
Surely your chances of making a single new friend every two months for the next three years is greater than 1%, right?
I'm interested in monero but seeing you talk about "a considerable amount of time can be spent per 'recruit'" sets some red flags. You really should try to make it sound less like a pyramid sheme because your whole post is drenched in a pyramid flavour. |
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ron paul makes a good point why bitcoin would not be a good replacement for the failing 'in god we trust' to print and manipulate dollar, he says: "On reason Greece has been forced to seek bailouts from its EU partners is that Greece ceded control over its currency when it joined the European Union." http://ronpaulinstitute.org/archives/featured-articles/2015/july/12/greece-today-america-tomorrow/bitcoin would be just like the euro.. it would not work. only a metals backed currency will work as a replacement for the broken dollar 'interest to infinity' debt slavery system. here is a scenario that bitcoiners could possibly face.. as the dollar is about to be replace during the "big block of cheese day" when all the cheese is turned into cheesecakes the cheesecakes will be worth less in the new currency. it will be the same for bitcoin because bitcoins will be priced in dollars but dollars will be worth less in the new currency. therefore bitcoins will receive the same haircut as those people who have their cheese turned into cheesecakes. i still own a lot of bitcoins and i do not believe it will just die... but i no longer believe bitcoins is going to suddenly become some worldwide reserve currency and we are all suddenly going to be buying boats.. the state of Texas is building a gold depository, and not a bitcoin depository... they are demanding their gold from the fed. we will be able to trade metals for bitcoin and vice versa i am sure, but it will be metals that have the huge value more than bitcoin. Things will not go suddenly. We are already having an 8 year journey (publicizing of the whitepaper) But I wish you good luck sending gold through a wire  like i said, we will be able to trade our metals for cryptos... and i believe we will trade our metals for A LOT of cryptos ... we can trade our metals for the new metals backed currency at a depository and buy cryptos from an exchange just like we do today. by using a metals backed currency we are not limited by an unconstitutional cashless society. But what benefit would (monetary) metal have compared to crypto? I only see downsides and own both. |
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ron paul makes a good point why bitcoin would not be a good replacement for the failing 'in god we trust' to print and manipulate dollar, he says: "On reason Greece has been forced to seek bailouts from its EU partners is that Greece ceded control over its currency when it joined the European Union." http://ronpaulinstitute.org/archives/featured-articles/2015/july/12/greece-today-america-tomorrow/bitcoin would be just like the euro.. it would not work. only a metals backed currency will work as a replacement for the broken dollar 'interest to infinity' debt slavery system. here is a scenario that bitcoiners could possibly face.. as the dollar is about to be replace during the "big block of cheese day" when all the cheese is turned into cheesecakes the cheesecakes will be worth less in the new currency. it will be the same for bitcoin because bitcoins will be priced in dollars but dollars will be worth less in the new currency. therefore bitcoins will receive the same haircut as those people who have their cheese turned into cheesecakes. i still own a lot of bitcoins and i do not believe it will just die... but i no longer believe bitcoins is going to suddenly become some worldwide reserve currency and we are all suddenly going to be buying boats.. the state of Texas is building a gold depository, and not a bitcoin depository... they are demanding their gold from the fed. we will be able to trade metals for bitcoin and vice versa i am sure, but it will be metals that have the huge value more than bitcoin. Things will not go suddenly. We are already having an 7 year journey (publicizing of the whitepaper) But I wish you good luck sending gold through a wire |
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People really believe your average Joe from Greece will buy many bitcoins?  That's just stupid on so many levels. They don't even own a computer. They don't even have enough money to operate their mobile phone. That point does make you wonder about all these gomers that think Greece can adopt it just when they lose their currency. It is not possible. There will be months for it to take place starting with atm machines then to shops. Morons, of course they don't buy bitcoin. They'll buy ripple instead much cheaper. /s |
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I prefer this thread as making money and helping others to make money also is more my way.
I'm truly interested in your definition of money. For me money is starting to be anything else than fiat... What do you mean by money? Wealth in general (just holding the cheapest coins possible to sell them high later)? Or fiat? I know, it's probably me, but I really get confused about people talking about making money on this website. |
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i dont think we have one, maybe one big Behemoth.. btw great list, should fit nicely for the next few months  lets see how much action we get the coming days, looks promising for now. xmr is so small compared..it feels undervalued for now, at least to me If XMR stays perfectly fungible, then we have a serious contender for a great store of value on our hands. People who risk big early may be massive winners in the long run. Might I interfere to your musings, I'd propose a diversification of a portion from 1:3 to 1:5 or more of the BTC:XMR you have. Do you mean dollar based or coin amount? |
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And? The price just reached 300 wall and glued on it. Something was supposed to happen at 300, either a bull or a bear run. Why nothing is happening?
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I am assuming that once we pass the $300 mark things really start getting fun.
I am a little frustrated today though. My husband told me that his aunt, which decided to purchase a few coins at $650 a while ago, called yesterday and wanted to bail out and told him to sell them all (he was holding them for her because she seemed to have difficulty with computer security). Really? Right when the rally is just getting started? Sigh. Now is the time to buy or at least HODL!
You should tell her that bitcoin is not about making "money" but about converting to a new system. Once you're convinced of that price doesn't matter that much any more. Switching back to old fiat is stupid and only makes sense if you are a trader which I don't think your aunt is. |
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You've always been very negative about bitcoin.
Did you change your mind?
You sound very positive about it now, or are you trolling?
Why would you care about the blocksize? It sounds like you care.
But I wrote "was" because that experiment has been turned into something that is not nice at all. Mainly, a huge pyramid scheme that is sucking millions of dollars every day from hundreds of thousands of ill-informed people, burning much of it in useless computations, and giving the rest to some smart and/or lucky people. Sounds like you talk about dollars, not bitcoins. That scheme has ruined the experiment, by pumping up its value to 1000 x what it should have been, and centralizing mining into a handful (literally, 5) of companies.
Haha, free market + liquidity. You should be able to do the math. Bitcoin could still go back to being a nice computing experiment, as it was in 2009, if the price crashed back to cents.
You are obviously trolling or badly badly misinformed. I'm not sure about the latter because I see you on several topics. |
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 $300 broken in 3... 2... 1... Ah, there he is. Always a pleasure to see him. Made my day, thanks. |
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Did we just break the channel?
Ron Paul? Is it happening?
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Dafuq is going on?  A "stress test" by an entity called coinwallet.eu . It should show what happens when the network saturates (expected to happen naturally by the end of the year) and therefore why increasing the blocksize limit should be a no-brainer decision. But the "new core devs" are absolutely against it, for reasons that only their investors know... You've always been very negative about bitcoin. Did you change your mind? You sound very positive about it now, or are you trolling? Why would you care about the blocksize? It sounds like you care. |
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Dafuq is going on? Spam attack. I would call it "pushing the block size debate into the right direction" and not just spam attack.  Well, I don't know in which direction they want to push it but all my transactions last days went through without any troubles. They even went through faster than ever before... |
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Dafuq is going on? |
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Just waiting for someone to get this party started!
Well, not me. I'm already leveraged long |
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Remember, you have more money to buy the dips if you sell the spikes.
Yes, but selling spikes compared to buying dips is like comparing underwater hockey with chess. Looking back I've mastered chess... I'm still searching for the swimming pool though. |
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Where can i short ltc?
Leveraged short at bitfinex |
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I feel like all comments on here are falling on deaf ears. Did the operator of this website get hit by a bus?
I wonder when his server quits running... edit: Oh, and if he reads this: Please remove those 4 crappy low volume altcoins |
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... until bitcoin dies.
Hahahahaha. Was enjoying your tile untill this sentence. Good laugh. still laughing yesterday morning looked like a manipulative smash down. keeping bitcoin down at that moment looked politically motivated.
Yeah I've had this feeling for a long time now, probably since last year where it seemed that someone was trying to keep the price down just as it was recovering from the Gox debacle, that's why I've been elsewhere for the last few months, it was too sad to watch  Yeah hahaha, sorry about that, accidental fud I guess, my bad. Happy to provide a laugh. I meant that sarcastically/ironically to insult the shorters (who seem utterly fucking hellbent on crashing price, in spite of the *majority of people* who seem to all want it to go up and expect significantly greater prices). Of course bitcoin cannot die, it's software, it can however be devalued by 200:1 and stagnate there perpetually until obscurity (worst case disaster scenario fundamental tech issue only, of course). I have a tinfoil cowboy hat somewhere out in the garage, so I wouldn't argue against the possibility of intentional suppression of the bitcoin price for geopolitical reasons, rather than for individual profit motive. I'd rather hope it's for profit reason and not political though, hedge fund managers/wealthy individuals are likely better for everyone to be the cause than governments/banks - the former will eventually or occasionally want upward movement, the latter would likely only want total failure. People don't invest in bitcoin because it's a softwear, it can be hacked easily. Lol is this a joke ? No, it was his first post on this forum. Prolly a bot |
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