Ever used the Internet?
Like that.
With less laws.
So hugely complex system with millions of parts, at base level run by handful of entities and with some regulation? Internet isn't entirely simple and much of power controlling it is on limited amount of companies... |
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It's pretty late here so I just go to this shortly and bluntly.
How do people envision libertarian or anarchist society working? Compared to current situation. There has to be some advantages that scale allow on wide variety of fields.
Is it some part of American frontier mentality? Having your own land and getting living of such? With small communities.
And if everything is in relatively small scale, how will living standards fare? Would we have such things as top end electronics and highly advanced medicine?
Would the living standards be the same, lower or higher?
I probably will think more later today...
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So where is option for us who don't have almost any bitcoins(0.00012159 for me  ). "I'm just here to 'troll' you!" At 1M that will get me one or two nice dinners  |
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10-20% now, maybe 10% when price dips 5-10% and so on. Max at 50% then wait for slower donward trend cash out and when the trend pickups again go all in.
Not that you should ever listen to me, I don't have a cent in this...
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this hysteria matters very little to the hoarders
I hope the hoarders aren't buying more |
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You didn't answer to your own title..
Again, tell me why Gavin and Evoorhees are wrong?
What dirty work are you talking about?
I want Evoorhees and Gavin to admit that bitcoin will not go to zero. As for dirty work it is self explanatory. It can go to zero. Something much better could come around and replace it. Gold isn't lasting forever people say... So why should BTC? Probably in future we could make something better if large group of people put some interest in it... |
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By using Bitcoin. They'll realise they're late to the party soon enough.
So how long will it take for them to be late? I mean unless they are losing a lot of bussiness because they haven't adopted bitcoin, they aren't really late. And then they also need suppliers to use bitcoin... As I said above: as long as it is volatile, it won't be used as currency. Electronics retailers only make a few% profit nowadays. They can't take the risk of even a minor 10-20% drop in value as they need to pay the suppliers. Same for the suppliers. Owning a store and selling things is a whole different thing compared to investing in volatile currency or stocks. When is the last time you went to the Apple store and tried to buy a mac with an APPL share? Only shops that have either obscene mark-ups (glasses!) or shops that sell digital goods can take the risk, but even they will need to pay their employees in cold hard cash. Digital goods also depend on their contracts. Those products aren't really free either if you aren't one owning them. Either you have to buy them at wholesale price or you are an agent and even then I believe there is some minimum prices to be observed... |
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By using Bitcoin. They'll realise they're late to the party soon enough.
So how long will it take for them to be late? I mean unless they are losing a lot of bussiness because they haven't adopted bitcoin, they aren't really late. And then they also need suppliers to use bitcoin... |
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If it's not in a private key, you don't own it.
Gold = ponzi.
Hmm, can you own a private key. Though it's certainly much harder to find out... |
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Must do wonders to fuel economy. Though with all that gold I don't suppouse it matters |
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I haven't paid attention the BFL situation lately. Do they still have no shipped units?
Pretty hilarious if so.
Ofc they have shipped a contractor to themselves and pointed at a device on desk and said that is yours. |
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Prove that it's cheaper. And that it's stable.
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Also left-right is relative to country. From European viewpoint USA seems to be right-far right on the scale.
More exact labels would be good, but in some ways they might be rather far from real politics and misunderstood.
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Switch Vegan for PETA   Profit!! PETA You have two cows You rally your troops to free cows You free cows. You kill the cows You tell how much good you do for animals. |
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One thing about the whole tulip story that just doesn't make sense:
To create tulip bulbs you just plant bulbs in favourable soil and environment and 1 year later you dig it up to find many more new bulblets, replant in larger trays and so on. why the fuck would people enter a speculation frenzy on such an easily duplicated item?
BTC is completely different it has proof of work, getting increasingly harder. Ecenomically it is the same as gold. But unlike gold you dont have to stripmine the earth to get it.
BTC doubters can bite my shiny metal ASS!
The story doesn't make any sense because the story is wrong. There was no tulip mania bubble. The price went up 30x because the law changed so that "buyers" did not have to complete if the price fell. They just had to pay a 3% fee to the seller. So sellers just raised their prices 30x to compensate. It's all in Wiki. It was all future trading. In a bad way. Which has been proven to be bad many times. There is place for futures, but missuse of them leads to bubbles... |
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500$ half of 1k... 1,05$ per week, if inflation of USD is relatively stable.
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>Stable price >bitcoin AHAHHAHAHAHHAHAHAHAHAHAHAHHH ahAHAHAHhahaHhaH *breath* AHAHHAHAHAHHAHAHAHAHAHAHAHHH ahAHAHAHhahaHhaH  Okay okay, short term stable price |
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So, some of us think that this is an other bubble and it will not hold. So for those of you who agree on coming crash.
Where do you think we will end after the inevitable crash?
My personal guess would be around 20$... That is somewhat over the before, but under 30$ mark.
Too bad I don't have timeframe or can't offer anything much as price...
First of all i don't think it has to actually crash, but i think it will kindof deflate over a period of a few months. Secondly i agree in general with your $20 but i'm not sure if the halfing of the reward changed the picture as this is the first real rally in this new situation. So i'd speculate that it may end up higher than $30, somewhere around $40 or so. I do find under 50$ reasonable estimate. Also slow lowering of value is one possibility. Maybe even better than crash. |
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