... From AM shareholders perspective, selling AMHash is pretty much the same as selling miners without the need to pay for delivery costs.
Depends on how much AM is charging AMHash for its miners. Apparently, AMHash is being charged 0.0BTC/ea, judging by the divs you're getting  |
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Fiat is designed to lose value, 2 percent in some countries, 2 1/2 in others. Bitcoin not.
Bitcoin's doing just fine on that front lately, regardless of design ...Holding today means speculation that a large number of people will discover the same thing. I think they will, and one of the reasons it goes slowly is the vast amount of nonunderstanding of the value of money problem among people who have understanding money as their job.
The professionals and academics nonunderstand money, but you, Erdogan, veryunderstand it goodly. ...or might you be unsane? Perfect description, i veriunderstand goodly. Read the so called experts, they are full of stupid consensus related nonsense, and full of contradictions. Experts = "so-called experts," consensus of the educated = "stupid ... nonsense." Illiterate d00d from the interwebs = real learningz. Gotcha.
By the way, the 2 percent price inflation is not really 2 percent forever, it takes only a change of mind of a few persons at a central bank to change it to 10 or whatever...
Lol, that's how smart money works. See explanation by wikip gubermint stooges: http://en.wikipedia.org/wiki/Federal_Reserve_System#Elastic_currencyEdit: This is not the place to flash names of famous people, only arguments are good.
Non-sequitur? Edit:  |
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370s in 3 ... 2 ... 1... Not looking too promising, gentlemen  What a loser! Stay stubborn, angry and poor |
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370s in 3 ... 2 ... 1... Not looking too promising, gentlemen Look at the orderbook Dropped 8 bucks on no volume, so... yeah. |
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370s in 3 ... 2 ... 1... Not looking too promising, gentlemen |
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Surrender to your local authorities
Bitcoin criminal scum!
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Bitcoiners, the jig is up!
YOU CAN NOT HIDE! |
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I'm on Satoshi's payroll. He's not too happy that his baby has been usurped by speculators and petty criminals.
Speculators provide market liquidity. Petty criminals and SR1 were bitcoin's killer app and probably still are. If Satoshi doesn't like this, he should go ahead with another coin. He'd rather stick to that, ever so stable currency, the Ruble, that is not at all used heavily by criminals or terrorists  Bitcoiner logic at work: I say I'm from Moscow, and suddenly not only am I back in Moscow, but on Putin's payroll, getting paid in rubles  Stay brilliant and prosper, Bitcointalk!  |
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I'm on Satoshi's payroll. He's not too happy that his baby has been usurped by speculators and petty criminals.
Speculators provide market liquidity. Petty criminals and SR1 were bitcoin's killer app and probably still are. If Satoshi doesn't like this, he should go ahead with another coin. I was asked whose payroll I'm on, I answered. When/if Satoshi feels he could benefit from your advice re. Bitcoin, he'll ask for it. He may have left this forum, but he's enjoying teh lel. |
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 yeah, I can do big too |
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^
wat
You're from Moscow ... yes? Just wondering if you get paid by Putin Huilo, to troll on forums? I'm on Satoshi's payroll. He's not too happy that his baby has been usurped by speculators and petty criminals. |
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The professionals and academics nonunderstand money, but you, Erdogan, veryunderstand it goodly.
...or might you be unsane?
 I would enjoy it to try and see you converse in someone else's native language Idi ti nahuy, ya is Moskvi |
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Fiat is designed to lose value, 2 percent in some countries, 2 1/2 in others. Bitcoin not.
Bitcoin's doing just fine on that front lately, regardless of design ...Holding today means speculation that a large number of people will discover the same thing. I think they will, and one of the reasons it goes slowly is the vast amount of nonunderstanding of the value of money problem among people who have understanding money as their job.
The professionals and academics nonunderstand money, but you, Erdogan, veryunderstand it goodly. ...or might you be unsane? |
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... I will leave this topic as it is in the memory of the great rally that got us higher than 450$ and made the weekly parabolic SAR flip the side...
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But I don't see how, in one way or another, you could do without a store of value.
... Everything that has value (a car, a factory, a stick of gum, even a bitcoin) is a store of value to some degree. Fiat money too is a store of value, though a poor one--by design. It makes investment more profitable than hoarding. A "good" store of value, OTOH, discourages investment and encourages hoarding. My point is trivial: if gold and similar "stores of value" vanished tomorrow, initial economic consequences would be less than catastrophic. Eventually, the economy would do better without it. |
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shorting here is suicide.
I agree... Never felt better |
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...Welcome to my ignore list.
>types idiotic crap >ignores everyone who corrects him Stay poor, angry and stupid. |
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...Then it would stop being a speculative item, and become a "store of value". Like gold or the like.
... You start out with unjustified premises, such as: -gold is not a speculative asset -non-speculative store of value is possible I stand corrected, I used "speculative" in two different senses. Of course all store of value and all monetary assets are speculative in the sense "counting on the fact that someone will put some value for it later". But what I meant with speculative here is "counting that others will put MUCH MUCH more value for it later than I have to do now". (to the moon...) I would say that that is the case for bitcoin for the moment. People buying coins speculate on a MUCH higher value for them later ("too the moon"). Me too. If you would know that bitcoin will have a steady value of, say, $700 10 years from now, I'm not sure you would buy any coins now. Nevertheless, that's more or less what you do when you buy gold or when you buy real estate as "store of value". A good store of value compensates for fiat inflation, and follows economic growth. An investment does some more (shares in a company will generate also dividend in most cases). It can generate cash flow. I would think that not many people buying gold think it will "go to the moon". They may hope that they buy low, and that it will rise, but there's no realistic expectation of a real surge in buying power of gold of a factor of 100 or so. Which is what bitcoin holders are hoping for. That's what I meant with "speculative". Gotcha. I sort of went off on a tangent with the second point, "non-speculative store of value is [not] possible," but it's not hair-splitting. I sincerely feel that precious metals, conventionally considered good stores of value, are anachronisms in contemporary economy. The entire "store of value" concept is. This is a bit out there, but "store of value" is not a prerequisite, or even desirable, in fiat-based economies. Can you sorta see what I mean? *Another aside: If "stores of value" (like gold) did not exist, would substantial economic changes result? edited |
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...Then it would stop being a speculative item, and become a "store of value". Like gold or the like.
... You start out with unjustified premises, such as:-gold is not a speculative asset -non-speculative store of value is possible Gold is not a speculative asset? You sir, are not very bright. Do colors help? |
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