.........Otherwise, the irrational exuberence the market will place on bitcoin over the next few years/decades will lead to "our own collective end."
"Will" place? So you don't think the price is irrational now after all. I agree with you. The 21 million bitcoins can never again cost $6 each simply because of supply and demand (barring a network collapse). If you believe demand is never going higher than now and will, in fact drop, then you might have a case. But you haven't even tried to make that case. |
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In the future...pick a covenant and stick with it. You're quoting from two different covenants as if they are one and the same. You are either under the law or under Grace, but not both.
" Think not that I am come to destroy the law, or the prophets: I am not come to destroy, but to fulfil." - Mathew 5:17 |
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Those offering virtual currencies must comply with these regulatory requirements and if they do so they have nothing to fear... ...and what are those regulatory requirements? a person that creates units of convertible virtual currency and sells those units to another person for real currency or its equivalent is engaged in transmission to another location and is a money transmitter. So hey, as long as all the miners register as money transmitters, they have nothing to fear! Bitcoins are not created by miners. It is a lottery system. The winner gets bitcoins as a reward for solving the math problem. Am I wrong? Legally speaking, I mean. |
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We need an altcoin dictionary.
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What is the total value of the order?
$1000 is very different from $10000.
1k$ |
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If your still looking I can help
PM'd you. I'm quite annoyed with getting the run-around from 4 guys in a row after sending them the details. Can someone man up and make the deal?  |
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I know people want to get rich. I must say, i never thought I would hear is so commonly and with no shame, "were not trying to fix the world, money and profits are all I/we care about." That is a disease that nature will eventually deal with.
He wasn't speaking for everyone, stop twisting his words. Besides, we all know its in our nature to want to control our own destiny. Wealth gives us the hope that its possible. And that's what bitcoin is about, to take control away from irresponsible people who have too much wealth and power. |
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............But to say, "I'm not going to buy at $120 because I could have bought at $5 and didn't" is just pure stupidity.
Perma-Bear, looking to buy more at $5. |
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Bump. Still looking.
Someone in Midwest/Chicago/Detroit/Buffalo area would be best to reduce shipping costs.
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Here's the ultimate battery saving app. I just found it and its already saving me tons of battery life. These smart phones suck power like crack addicts.
Its called DS Battery Saver Pro.
This app simply puts your phone in deep sleep timer. It will wake up after a set period, turn on all network devices, sync, and then go back to sleep after a specified time. So far with this app my phone uses 3% battery per hour, that's 30+ hours with very lite use, waking every 15 minutes to sync.
Unfortunately if you need to answer all incoming voice calls then this app will not work for you.
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As of 1876, Alexander Graham Bell handles 100% of all telephone calls made in the entire world.
EH? |
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And I would really appreciate if high schoolers, paranoids, libertarians and conspirationists, and those whose only legal and economic education seems to be primarily from the Zeitgeist movies just refrain themselves from posting opinions on this particular thread.
So please again, lawyers only, thanks.
You forgot to add.... "trolls". |
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People who save are home-grown terrorists.
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Run naked through the streets with bitcoin slogans painted on your body.
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If your current money is in a bank gaining interest, why would you ever spend your money? Is this a flaw in fiat? Everyone is hoarding their money to get interest on their money so nobody is spending their money. Should we penalize money that has been sitting in the bank too long?
If nobody spends their money fiat will become useless. What are some ways we can get people to spend fiat instead of hoarding it for the interest?
As stated above, inflation is more than the interest. Even if it weren't, people will still spend money because ultimately it costs money to live. BTW interest rates were up to 15 or 18% 30 years ago, and fiat didn't fail then. Interest rates are 1-4% these days. Penalizing idle fiat would not solve anything and cause a shift to gold, property & other hard assets. It might even cause a failure of fiat, and drive society towards a search for new ways to store wealth, perhaps in some form of stateless digital currency.  |
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I could be wrong, but isn't mintchip pegged to the Canadian dollar?
If you can convert mintchip back to usd without having to register as a "money transmitter" then that would solve your liquidity problems on a p2p exchange (or any exchange for that matter)
Of course it is. |
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My must-have apps list:
Es File Explorer
Fing Network Tools
Astrid Tasks
Photo Editor
Groove IP
MyWeather Mobile
Adaway
Chrome
Unified Remote (paid)
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Microsoft Research and Microsoft are of a...different atmosphere. Microsoft Research employs some of the world's best computer scientists, however thanks to the byzantine structure of M$, most of the achievements of the Research can never be turned into products.
I think we do not need final products definitely. Microsoft's office politics ensure that anyone trying to do something interesting will either get usurped by their superiors (and robbed of all credit), or they'll be given a bad review and told to work on something more Micro-softian. I'm amazed they even managed to get another OS out, although it is a trainwreck with all the GUI assumptions - having to cobble on the "start" button again is proof enough of that. The start menu is the work of a dozen of their top men doing 14 hour shifts for ten years. Then they take it out??? What a crazy company. |
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