I don't think the exchange price of Bitcoin (versus USD) will ever stabilize.
This is because the BTC is guarded against inflation, while the USD is not so. So the BTC will gain on exchange with the USD, as time progresses.
well yeah, but it could be much more stable than it currently is.. like gold, which i believe has been in the range of $1100-1600 over the past 3-4 years. |
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The way the market moves nowadays $10000 in 2014 doesn't seem impossible.
Imagine if a big name moves into Bitcoin, like Western Union or alike...
if a big name like western union jumped into the game, it would be funny because they'd probably fall fIat on their face. i think a lot of people would be against it since most of us here are anti establishment. |
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If addresses are actually generated using a truly random source, the probability of hitting an address already in use is orders of magnitude smaller than the risk of life on earth being eradicated by an asteroid impact. You can safely ignore that risk.
Yes, but even so, you can mitigate the risk by spreading your wealth across multiple addresses. yeah, but for me at least, that creates a burden of having to remember multiple seeds/brain wallets, and having to store multiple wallet.dat or private keys, in addition to long passwords that you'd create. |
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no fedora huh?
You rang?  15ZmN3d7WZDo4WbZwPFJMZcPMBDUkueGH7 i don't know you, but i knew you too damn well. |
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nothing, but there are more addresses than there are grains of sand.. something like 1 in a 1000000000000000000000000000000000000000000000000000000 chance of it happening every time someone creates a wallet.
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yeah i was playing out some fantasies of what i'd do if i had a lot of bitcoins.. and one of them was: move to canada, or some country that is not america.
Canada seems like a nice place to live. A lot of friendly people there. yeah, but the problem is that it's.. really cold. and that really sucks. don't think i can live in a non westernized country either, even if it's significantly cheaper. How about Hawaii? :p you do know that hawaii is part of america right? it's a state. |
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Risky business if you ask me. I mean how did it ever come this far that we human lose all our ethics?
well, i don't support assassination markets, but the reason why the anarchist operator "lost his ethics," is because our society has lost its ethics. i don't really know if his plan would even be effective. |
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yeah i was playing out some fantasies of what i'd do if i had a lot of bitcoins.. and one of them was: move to canada, or some country that is not america.
Canada seems like a nice place to live. A lot of friendly people there. yeah, but the problem is that it's.. really cold. and that really sucks. don't think i can live in a non westernized country either, even if it's significantly cheaper. |
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it could be a scam but that's too risky.. i'd rather be a random bitcoin scammer than the operator of this market. he's probably in the FBI, CIA and NSA's crosshairs now.
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that looks like a good bet to me. high likely that it will reach $10,000.. at least more than 50% chance in my opinion.
so this is the futures market that i was asking for. i wonder if this has killed business for intrade.com?
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i decided to buy BTC last saturday when it was $9. went to coinbase to make my first purchase and the transaction has to wait until monday to clear.. so now it's $40+
too late for me now.
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i was thinking that the OP was going to suggest that bitcoin holders pool their money together to buy an island.. so we could create our own decentralized community/government  |
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yeah i was playing out some fantasies of what i'd do if i had a lot of bitcoins.. and one of them was: move to canada, or some country that is not america.
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i would bet all my money on BTC not going back to $150 again. but then again, if it did go below $150, that wouldn't be that much money  |
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i will buy a jet ski. and i do not live anywhere close to water, and maybe a dunebuggy too. but wait, i don't have enough.
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How do people know that satoshi hasn't already sold some of his coins ??  Maybe because the blockchain is public, and they have already tracked his addresses. How did they track those addresses? How many coins are on his addresses? i think it was because he mined the first blocks.. if BTC is $1000 for 1, and he's a billionaire.. then he must have at least 1 million coins. but i believe it's set at 1.5 million. that's a lot of money that can go to good causes. i hope he donates it one day, since he can't use them. |
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yeah prices have dropped even more recently.. forget the SSD. you can add a 120GB one for $50-60ish bucks anyways.
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holy shit, i wonder if there will be bitfiends running around trash digging for MILLIONS.
damn, i should make my username bitfiend.. too late to change the name though huh?
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