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961  Economy / Speculation / Re: Is Stamp the culprit? on: January 09, 2015, 06:47:05 AM
lol, yeah. Got to move on now. Good chat.
Thread was totally hijacked though  Cheesy

Have a good one.  Smiley
962  Economy / Speculation / Re: Is Stamp the culprit? on: January 09, 2015, 06:36:07 AM
So yes, low inflation coins do have a number of very real advantages over bitcoin. Can't be denied. Let's see if bitcoin can make it, it will certainly have a harder time than some other coins.
You define "low inflation coins" as a two to three year ramp. Again, you cherry pick timelines. Bitcoin uses a number greater than the human lifespan, but curves it so most of the inflation is in one or two human generations. A longer ramp gives people enough time to adopt the technology and "bake in" the known inflation rate. So you see, there is no problem with Bitcoin inflation at all.

sure longer onramp because it is an egocentric coin that thinks of itself it would take over the world.
We don't need to all use the same coin. If you launch a coin with short onramp every few years that's all sweet and everyone could have fun and those who missed the train will get on the next one. The coins can be merge mined and would be less wastefull and in case one has a problem there are others to back it up. Bitcoin is a problem-child to me.

With the long onramp you achieve nothing btw because most coins are with the early adopters now anyways (bought for cents and single dollars in bulk). So the latecomers do not benefit from the inflation at all - nobody does.

Launching fair coins with short onramp every couple of years makes a lot more sense. The long onramp benefits who? Nobody.
963  Economy / Speculation / Re: Is Stamp the culprit? on: January 09, 2015, 06:19:23 AM

Two to three years is reasonable. The average price for 2014 (to use your timeline) was about 500. If you used dollar cost averaging like everyone recommends, you should double (or more) that in that amount of time.

So let's hope the best then.

Will remain pretty volatile though and the shortcomings have become obvious and tbh i prefer using other coins mainly and hope they can gain marketshare because i would love to store value in coins.

I consider Bitcoin more risky than the low inflation coins for many reasons.
I just diversify.

So yes, low inflation coins do have a number of very real advantages over bitcoin. Can't be denied. Let's see if bitcoin can make it, it will certainly have a harder time than some other coins.

All it takes is people to understand the game of inflation to spark demand in the alts. I'm just waiting for it. Bitcoin is torture to hold longterm - good fun trading tho. As basecurrency useless on the other hand.
964  Economy / Speculation / Re: Is Stamp the culprit? on: January 09, 2015, 06:08:33 AM

There you are again cherry picking timelines. I don't agree that inflation is a problem. But then, I don't care about the price... much.

If you prefer playing jojo for a few decades then that's your thing. An advantage for you in this is that you don't care about the price  Roll Eyes

As a human being we tend to loose interest if we see an investement not going anywhere within 2 or 3 years.

IMO a coin needs to be fair with the initial distribution and that should take at least 1 year so everyone has a chance to get in. After year 2 or 3 the inflation should dramatically decrease so profit becomes possible and it can be used to store value, but maybe that's just me, i don't know  Roll Eyes

I think it would come in handy to be able to store value in coins but if you say that's a thing you don't need, ok, then that's your thing.

Trading the volatile bitcoin is good fun for sure. Right now the market has just become pretty unpredictable which makes it difficult.
965  Economy / Speculation / Re: Is Stamp the culprit? on: January 09, 2015, 05:58:33 AM

That's what I'm saying. They don't offer anything Bitcoin doesn't have now and that's why they failed and became pump and dump bait. That's why Bitcoin is still big daddy.

To get beck to your market analysis, it seems that almost everything is down investment-wise. January and August are usually bad months anyway.

Yes they do offer something BTC doesn't: low inflation - which was the point of failure in bitcoin

You either have inflation or premine. Pick. Otherwise you have no distribution model.

Of course you have inital inflation but in a good coin that's done after 1 or 2 years. Bitcoin wants to take 2 decades which turns out to be problematic.
966  Economy / Speculation / Re: Is Stamp the culprit? on: January 09, 2015, 05:30:47 AM

That's what I'm saying. They don't offer anything Bitcoin doesn't have now and that's why they failed and became pump and dump bait. That's why Bitcoin is still big daddy.

To get beck to your market analysis, it seems that almost everything is down investment-wise. January and August are usually bad months anyway.

Yes they do offer something BTC doesn't: low inflation - which was the point of failure in bitcoin

Pump and dump is bitcoin too, so again no argument there.

There are a hand full of coins that aren't even down - these are the ones you should be looking at. But why do i even tell you that?

Low inflation coins have proven to hold their value (no surprise there) and they have also shown to have shorter bearmarkets (no surprise again) and they are also much less volatile (maybe a little surprise but when you think about it, it's not a surprise)

Inflation is good for nothing. There is nothing that can justify the high inflation bitcoin has. So i think bitcoin could very well decline a lot more - after all that's the effect you get from the inflation: constant downward pressure.
It jumps up and down like a fucking jojo.

A currency should be able to hold the value - if it can't hold value it's worth nothing.
967  Economy / Speculation / Re: Is Stamp the culprit? on: January 09, 2015, 05:29:01 AM

Quak?  Are you f**** serious?
Who are your , kermit the frog?

lol, no i'm not Max  Kiss

Was just an example. I will not tell you all good coins, no worries.

QRK is rising nicely though.

yeah , nicely ...from losing 30000% against btc , right?
with kolin on board , to the moon

Quark is still up 10-fold from his pre-bubble-value. It rose many hundred fold and was much more stable and found it's floor much sooner than bitcoin.
It's all how you look at it. How can something loose 30000%? You're not even making sense.
968  Economy / Speculation / Re: Is Stamp the culprit? on: January 09, 2015, 05:19:59 AM
Quote
The alt that takes over will be an advanced clone of bitcoin with less inflation.

Less inflation, so how will it be distributed? Nobody will have any coin to spend. Merchants will have to wait many years for distribution. Or you premine and we already know how that fails.

Distribution already happened. These coins are all around for years now. They are dirt cheap. This is pretty much the last chance to accumulate some of them on ground floor.
The same for Bitcoin. No advantage there. IXC and Quark have a very small user base. You can premine a coin and do the same thing. You can pay the top 5 mining pools to MM your clone and be off and running.

Well bitcoin has its own problems. No difference there. When it started almost nobody was around and it had a very small userbase too. So that's no argument there. In fact these coins have a larger userbase than bitcoin had when it started.

If you don't like Ix take Ioc

I think the market will decide what's good and what's not. Maybe merged mined coins with btc aren't even interesting.
969  Economy / Speculation / Re: Is Stamp the culprit? on: January 09, 2015, 05:13:21 AM

Quak?  Are you f**** serious?
Who are your , kermit the frog?

lol, no i'm not Max  Kiss

Was just an example. I will not tell you all good coins, no worries.

QRK is rising nicely though.
970  Economy / Speculation / Re: Is Stamp the culprit? on: January 09, 2015, 05:09:19 AM
Quote
The alt that takes over will be an advanced clone of bitcoin with less inflation.

Less inflation, so how will it be distributed? Nobody will have any coin to spend. Merchants will have to wait many years for distribution. Or you premine and we already know how that fails.

Distribution already happened. These coins are all around for years now. They are dirt cheap. This is pretty much the last chance to accumulate some of them on ground floor.
971  Economy / Speculation / Re: Is Stamp the culprit? on: January 09, 2015, 05:04:38 AM
the volatility is ridiculous!



Pick a coin and I will tell you how it will fail.

Just wait. Bitcoin already failed. Alts going to boom this year.

What about IXC for example? Or Quark? Just two possible examples.
If its not them it'll be another one.
There's enough different approaches now. I lost faith in inflation-coins.
972  Economy / Speculation / Re: Is Stamp the culprit? on: January 09, 2015, 04:58:20 AM

You can cherry pick arbitrary timelines, but Bitcoin isn't a per annum.

Dude, longest bearmarket in bitcoin history and the master-trend on logarythmic scale since 2009 is broken.
Just get it: there is no exponential growth here. Could very well dump back to 100$
OK so you admit to believing in superstitious trends. Good for you. I don't share your faith. I believe in technology and human foibles. Fear may have the upper hand at the moment, but greed and technology ALWAYS win.

Few days ago this trendline was your main marketing-pitch now it's 'supersticious'. lmao!
It's a general rule of thumb, not a scientific model. I don't see it as 'broken' because anomalous events happen. The exponential trendline is a generalization to the adoption of technologies, not a day trading tool. Even if it drops to $100, that will only change the distribution, not the technology. Personally, I would like to see an altcoin take point for awhile so I can laugh at their failure to secure every aspect of financial transactions.

The alt that takes over will be an advanced clone of bitcoin with less inflation. You're not going to laugh so much because once it surpasses bitcoin that's it for the ole BTC.
973  Economy / Speculation / Re: Is Stamp the culprit? on: January 09, 2015, 04:48:27 AM

You can cherry pick arbitrary timelines, but Bitcoin isn't a per annum.

Dude, longest bearmarket in bitcoin history and the master-trend on logarythmic scale since 2009 is broken.
Just get it: there is no exponential growth here. Could very well dump back to 100$
OK so you admit to believing in superstitious trends. Good for you. I don't share your faith. I believe in technology and human foibles. Fear may have the upper hand at the moment, but greed and technology ALWAYS win.

Few days ago this trendline was your main marketing-pitch now it's 'supersticious'. lmao! Everyone is full of it.
974  Economy / Speculation / Re: Is Stamp the culprit? on: January 09, 2015, 04:40:11 AM

You can cherry pick arbitrary timelines, but Bitcoin isn't a per annum.

Dude, longest bearmarket in bitcoin history and the master-trend on logarythmic scale since 2009 is broken.
Just get it: there is no exponential growth here. Could very well dump back to 100$ or less.
975  Economy / Speculation / Re: What will the price be on the 31st of December 2015, midnight? on: January 09, 2015, 04:37:12 AM
2 options:

1258$
or
35 cents
976  Economy / Speculation / Re: Is Stamp the culprit? on: January 09, 2015, 04:33:00 AM

I'm on max zoom out all the way to 2009!!!


I'm only zooming out 2 years long after I got in:
change: +1904.90%

Good for you! Everyone who bought in 2014 is down right now!
977  Economy / Speculation / Re: Is Stamp the culprit? on: January 09, 2015, 04:18:26 AM

I'm on max zoom out all the way to 2009!!!

978  Economy / Speculation / Re: The crash continues, dead cat bounce. on: January 09, 2015, 04:17:23 AM
I wouldn't lose hope so early.

'hoping' is always the best trading-advice  Roll Eyes
979  Economy / Speculation / Re: Is Stamp the culprit? on: January 09, 2015, 04:02:54 AM
I think bitcoin is dying slowly.
the same feeling, but not sure
Zoom out!

Zooming doesn't help. The master-trend is broken too.
980  Economy / Economics / Re: lets make bitcoin price high on: January 09, 2015, 03:44:24 AM
^^^
True, the limited supply of Bitcoins will eventually help make paper money look like the trash it is.
now that's a statement i like!

are you trying to hype the inflation-coin again?
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