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I do not get paid until next Friday so I all I can do is watch.
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Those who complain about manipulation are the ones that are easily manipulated.
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There are 10 types of people out there.
Those who understand binary and those who do not.
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If you can't determine it's worth how do you start using it as currency?
Like I do every day. Just pay with Bitcoins instead of the local currency. So do you & the seller pick a number out of thin air and say ok 5 BTC or do you consider the value of the item in Fiat? Of the past 3 exchanges, one of them we both agreed on 1 bitcoin no matter the price, one we decided on the dollar equivalent on the day of delivery and the third is my hosting service which charges $66/month which I pay in the equivalent amount of BTC. |
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Who thought Cyprus was funny? It was more like...oh shit.
My Bitcoins are still safe in my wallet. Actually I took the last small bit of it out of MtGox yesterday.
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If you can't determine it's worth how do you start using it as currency?
Like I do every day. Just pay with Bitcoins instead of the local currency. |
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Sell to me please?
You would be crazy to quit.
Because we here, in this forum, holding, and buying, are here to change the world. You want in on the future, get on the boat because it sets sail at 2 UTC. And spending, just paid for my hosting service this morning in bitcoins. |
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Perhaps I am an Emporer without clothes who is actually a nudist and do not care what others think.
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Letting the price of bitcoins affect your emotions is the best way to give yourself a heart attack.
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"You are all dumb" is a pretty broad brush.
Someone obviously does not understand what an "individual" is.
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Maybe we could have a new Bitcoin that allows a Bitcoin committee that determines how many bitcoins are produced, perhaps have them answerable to the government so that they are kept in check. They can stimulate the economy with more bitcoins if the economy slows down and slow it down if things are going too quickly. Maybe they can even have a charter to keep unemployment down, the economy moving and inflation low.
This committee would consist of the presidents of bitcoin holding companies that are able to loan out BTC based on a committee determined interest rate. They can even print out cold storage prinouts of the bitcoins that can be a sort of "note" exchangeable for a bitcoin which can be used anywhere you go.
Instead of Bitcoin we could just call these notes "Federal Reserve Notes" to make it sound official, like it is a government entity.
It just may catch on.
Or maybe we can just let it be manipulated at will until it's dead. Google stock would be all over the place if the price was being determined by kids using their dad's credit card to buy and sell stocks. It will level out when we use it as a currency and leave the investing to the investors. |
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This is all too funny.. i was rocking 80k, now im reduced to a fek thousands each. perhaps its time to throw in the towel?
Unrealized gains aren't real. Sorry. So are unrealized losses. |
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A decentralized exchange would require each person converting dollars to Bitcoins or the other way around to become a registered currency exchanger according to FinCEN. This comes will $millions in fees.
Gotta love government created monopolies.
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Nahh let them panic all they want. Pick up some chip coins meanwhile.
Unfortunately I know that in 3 days, by the time I get cash into MtGox, the price will be back to normal. Too many people coming into the market for the price to continue down. |
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Maybe we could have a new Bitcoin that allows a Bitcoin committee that determines how many bitcoins are produced, perhaps have them answerable to the government so that they are kept in check. They can stimulate the economy with more bitcoins if the economy slows down and slow it down if things are going too quickly. Maybe they can even have a charter to keep unemployment down, the economy moving and inflation low.
This committee would consist of the presidents of bitcoin holding companies that are able to loan out BTC based on a committee determined interest rate. They can even print out cold storage prinouts of the bitcoins that can be a sort of "note" exchangeable for a bitcoin which can be used anywhere you go.
Instead of Bitcoin we could just call these notes "Federal Reserve Notes" to make it sound official, like it is a government entity.
It just may catch on.
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I am in it for the money.
Money called Bitcoin.
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Gavin said, "Only invest time or money into Bitcoin that you can afford to lose Sound advice. |
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