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I still stand by this. I will be converting my currency with every paycheck and will reserve 1 bitcoin to buy dollars enough to pay off my mortgage.
The dollar is too risky.
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The drama of the Bitcoin price has a whole lot of people doing some crazy things.
It is interesting to watch.
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We have been graced by the Bitcoin gods with a second chance at some cheap coins.
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It is morning(ish) in China. They get to take away all of your cheap bitcoins you sold.
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It is doing that two line triangle convergence thing again.
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I pay for my web hosting site with Bitcoins.
Every month I go to their site, whatever the price is at that moment, I pay it.
Whether you as a consumer wish to hold dollars and switch in and out of Bitcoin for convenience sake or you are like me and have switched completely over to bitcoins, that is up to you.
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Do you have a man-crush on Paul Krugman or something? wth are you going on about.
I figured all of the Keynesians on here spoke to him daily. |
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Bitcoin won't be deflationary for a long time.
Have you called Paul Krugman yet? Is he going to start using bitcoins now? |
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So, are you bullish on bitcoins or Federal Reserve Notes?
Because it sounds like you are quite gung ho about getting as many of those FRNs as you can.
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Oh, and please tell me you have not given Alex Jones any of your personal information via his website or through any products you may have purchased through his page.
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Its not banned yet.
Just keep eye on the news and make sure you get out before it does become illegal to exchange.
For now still potential for easy and big profit.
Just remember common sense rules, only invest as much as your willing to lose.
Do what after you sell your coin? I don't know. US Dollar isn't much safer to invest in. Everyone knows to diversify your investments. Gold, Silver, Land, whatever, spread it out and be smart.
Going to be so much LOL for the people that dumped their entire $100k savings in BTC then can't cash out cause they didn't pay attention to the news.
You mean get out of FRNs right? |
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InfoWars is a false flag.
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This is the only Bearish thing I've read lately that is based on fact and not emotion, without an arrogant contrarian tone.
Thank you, everyone knows how bearish I am but the OP is based solely on fact. I haven't noticed you being bearish at all TBH. Which is why it is so funny saying that my OP talking about how the dollar bubble is about to pop is considered Bearish. And actually I become very bearish about 3 days after my paycheck arrives (for some reason). |
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Let's remember, thus, that bears like proudhon and evolve are very important to the community. Hearing some skepticism and negativity (some of which is perfectly reasonable) might help keep a lid on things and deflate manic bubbles before they grow dangerously out of control. We need sustainable growth, right?
I am wondering what things are like at Silk Road right now? If you wanted to by something at $250 then see the price go to $105 how are buyers or sellers even able to do transactions right now? Until Bitcoin settles down are people really using it at all? I pay for my hosting service with Bitcoins. Today is my due date for the month. I will just go on the site, click "pay bill". It will give me the amount of BTC I owe based on the price at that moment and I will pay it. I do not plan on trying to play the market or time things perfectly. I have figured out that if you just move money into Bitcoin when you have it and you spend it without worrying about price you are better off. In the long run the value will do nothing but go up so worrying about 2-3% here and there is pointless. |
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From the latest press release from MtGox about their new servers...they may have moved wallets.
Are you saying the 69,000 wasn't a sale, just moving bitcoins around? Yep, entirely possible that they had a cold storage server that is being replaced so they transferred to a new cold storage server. |
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From the latest press release from MtGox about their new servers...they may have moved wallets.
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Proudhon has deleted his post, quoted in the OP...
It is almost Unbelievable
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From past trends after an MtGox lag price drop, people get skittish and kinda feel things out for a few days. We will have that going into the weekend.
The biggest question will be, what happens Monday morning.
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and NEVER say bitcoin is going to grow k
lol |
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