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3541  Bitcoin / Bitcoin Discussion / Re: Why is it so hard to get family/friends into bitcoin? on: April 01, 2014, 05:04:37 AM
@OP

Because of this:



The intellectual difference between the average person and someone like Einstein, is actually greater than the intellectual difference between the average person and a chimpanzee.

That's why we can have the Large Hadron Collider and the Westboro Baptist Church on the same planet.
3542  Bitcoin / Bitcoin Discussion / Re: texas-gun-dealers-draw-tech-crowd-bitcoin on: April 01, 2014, 04:54:38 AM
https://www.youtube.com/watch?v=xIpLd0WQKCY
3543  Economy / Speculation / Re: Finding Equilibrium : Searching for the true value of a Bitcoin on: April 01, 2014, 04:52:17 AM
Bitcoin has 0 intrinsic value and 0 utility.
Right, except this:

3544  Economy / Speculation / Re: Finding Equilibrium : Searching for the true value of a Bitcoin on: April 01, 2014, 04:48:30 AM
Price follows utility, speculation follows stupidity.

The world hasn't yet figured out just how far ahead of fiat cryptocurrency is, technologically speaking.

When the use of cryptocurrency reaches an unknown critical mass, fiat money will rapidly become relatively worth-less.

In the meantime, it's a stepwise logarithm.

3545  Bitcoin / Bitcoin Discussion / Re: When the USD collapses what will happen to Bitcoin? on: April 01, 2014, 04:44:23 AM
IMO - if (IF) dollar will EVER collapse - bitcoin will be worth "a lot" ... but there is enough place for $$ and BTC
IF? (click me)

OP was right to use the word, "when".

No empire lasts forever.
3546  Bitcoin / Bitcoin Discussion / Re: WARNING: PAYPAL STARTED MASSIVE ACCOUNT BAN ON ANYTHING BITCOIN RELATED on: April 01, 2014, 02:31:02 AM
I smell fear.
3547  Bitcoin / Bitcoin Discussion / Re: Undergraduate Paper Help on: April 01, 2014, 02:29:21 AM
Lol education is now obsolete just "buy n hold" go travelling come back in 5 and you'll be set.
Laugh all you want, but I laugh harder.

Because I am a twenty-something college dropout who will never work again.
3548  Bitcoin / Bitcoin Discussion / Re: When is enough, enough? on: April 01, 2014, 02:27:35 AM
Enough is enough when I die of starvation.

Not before.
3549  Economy / Economics / Re: Is it good to sell at low prices ? on: April 01, 2014, 02:25:50 AM
How do you know what is low and what is high? It's totally subjective, speculatory.

What if I were to tell you that at 5,000$ per, a Bitcoin would be extremely undervalued? You would say, "You're crazy, they are trading at under $500!", would you not?
3550  Bitcoin / Bitcoin Discussion / Re: Square now accepts BTC on: March 31, 2014, 10:29:49 PM
I thought the OP meant "Squaresoft", and I was like, "that'd be awesome if it was 1990..."
3551  Bitcoin / Bitcoin Discussion / Re: If Bitcoin had existed in 1930... on: March 31, 2014, 10:28:34 PM
I can;t get the "unwatch" feature to work on this ridiculous thread..

Any help on the matter out there?

Thanks in advance.

My $.02.

Wink

You can press "Watchlist" -> Edit watchlist -> mark this thread and delete Smiley
Regards.


AN!

Thank you!
No, thank you! For bumping this excellent and important thread.
3552  Bitcoin / Bitcoin Discussion / Re: My Famly just bought Bitcoins! Finally! on: March 31, 2014, 09:43:22 PM
That or its all gonna pass like a fad kinda like myspace....
Yep, just like the internet did... and the torrent.. and electricity.. and every other brilliant, game-changing paradigm-shift in the history of technological innovation.

Comparing cryptocurrency to Myspace is like comparing the airplane to the Skip It. In other words, it's borderline retarded.
3553  Bitcoin / Bitcoin Discussion / Re: Bitcoin Island on: March 31, 2014, 09:41:07 PM
Why do you have to go and ruin a perfectly good island by creating a government there?
I love you.
3554  Bitcoin / Bitcoin Discussion / Re: Bitcoin taking over the big 5 on: March 31, 2014, 09:40:04 PM
So if you guys dont believe in bitcoin then go to another alt forum.
Because there is no room for dissent on this internet forum? Really, guy? This ain't a church.

3555  Bitcoin / Bitcoin Discussion / Re: Undergraduate Paper Help on: March 31, 2014, 09:35:54 PM
Isn't that research?

(Assuming we're talking about finding information and not copypasta.)
If you don't think the internet is blurring the lines between "research" and "plagiarism", you aren't paying attention.

In the near future, the very concept of "cheating" in academia will cease to exist. Everything will be collaborative and cooperative.

Just as the concept of "piracy" (= culture sharing) will cease to exist.

And the concept of "fiat currency" (= local nation-state scrip) will cease to exist.
3556  Bitcoin / Bitcoin Discussion / Re: Wal-Mart Sues VISA for $5 Billion Over...(Guess What?) on: March 31, 2014, 09:32:49 PM
What will cause the biggest upward trigger for Bitcoin Price?
None of the above. It will be the wake-up call that results from the inevitable fiat-implosion of one of the major national economies. That event will drives millions to seek refuge in crypto, and not just from the nation that implodes, but from every nation in the world.

I'm taking bets on whether it'll be the euro, the dollar, or the Yuan that pops first.
3557  Bitcoin / Bitcoin Discussion / Re: texas-gun-dealers-draw-tech-crowd-bitcoin on: March 31, 2014, 09:28:21 PM
Well lookey here. This could sure make things... interesting... for the IRS taxman trying to enforce the new Bitcoin tax law.
3558  Bitcoin / Bitcoin Discussion / Re: Bitcoin taking over the big 5 on: March 31, 2014, 09:21:32 PM
Was watching a video on the world bitcoin network (great yt channel)...
And he said bitcoin has potential to take over 5 distinct markets,
All of which are trillion dollar markets.

Gold
Credit cards
Micro payments
Banking
Remittances

Thoughts?
Just one.
3559  Bitcoin / Bitcoin Discussion / Re: Bitcoin Island on: March 31, 2014, 08:21:54 PM
We should amass bitcoins and buy an island.. make it a country and have it's currency BTC.  That is all.
Yes, let's centralize all the enemies of the nation-state, so they can take us out with one single missile.

Brilliant!
3560  Economy / Lending / Re: Looking for a loan via bitcoin on: March 31, 2014, 08:21:15 PM
Keep looking.
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