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on: December 01, 2013, 08:32:36 PM

Wallet not synchronizing. Port open. Am I doing something wrong? Thx!

on: November 29, 2013, 12:02:53 PM

Hola. Vendo BTC por efectivo. Zona noreste de España.

on: May 31, 2011, 09:48:41 PM

Quote from: BitterTea on May 31, 2011, 09:41:28 PM Quote from: spanish_guy on May 31, 2011, 09:39:19 PM So a system with 2 currencies would be more 'stable' than a system with just 1? What do you mean by "stable"? I'm sorry. "Stable" was not the right word. You said that "other" will become rich in the other currency. What if that other currency doesn't exist?

on: May 31, 2011, 09:39:19 PM

Quote from: BitterTea on May 31, 2011, 09:33:32 PM Quote from: spanish_guy on May 31, 2011, 09:23:12 PM Trivial case: 2 people. The "hoarder" and the "other". The "hoarder" gets all the bitcoins. The prices fall to zero. The "hoarder" can get anything by spending nothing. The "other" then becomes a slave. Am I wrong? Yes. As the "hoarder" attempts to acquire all the coins, the exchange rate rises (supply diminishes, demand stays the same). The "other" becomes rich in the other currency, while the "hoarder" becomes rich in bitcoins. Essentially, nothing changes. So a system with 2 currencies would be more 'stable' than a system with just 1?

on: May 31, 2011, 09:23:12 PM

Quote from: kjj on May 31, 2011, 03:50:08 PM Ok. Here is the thing about the bitcoin hoarding arguments. If people are sitting on bitcoins instead of spending them, then the amount in circulation will fall, and prices (of everything) will fall too. These low prices will provide an incentive for "hoarders" to spend their coins while prices are low. Which means that the amount in circulation will go up, which will cause prices (of everything) to go up. Which will cause people to hold onto their coins instead of spending them. Which will cause prices (of everything) to fall. These low prices will provide an incentive for "hoarders" to spend their coins while prices are low. Which means that the amount in circulation will go up, which will cause prices (of everything) to go up. Which will cause people to hold onto their coins instead of spending them. Which will cause prices (of everything) to fall. These low prices will provide an incentive for "hoarders" to spend... Get it? The one thing that I wish that everyone understood when they got out of high school is the concept of the dynamic equilibrium. Trivial case: 2 people. The "hoarder" and the "other". The "hoarder" gets all the bitcoins. The prices fall to zero. The "hoarder" can get anything by spending nothing. The "other" then becomes a slave. Am I wrong?

on: May 31, 2011, 06:43:28 PM

Savings are not bad at all. Moreover, Grignon's coins don't decay to zero, but to the perpetual coin value. So speculation is not so easy.

on: May 31, 2011, 05:50:49 PM

Well, Paul Grignon's system seems to prevent users from accumulating coins, as they 'decay' over time. So greedy users are forced to accumulate goods, but not money. I was wondering if Bitcoin supports this.

on: May 31, 2011, 05:32:19 PM

Hi, I'm new to the forum. I've got a couple of questions. 1.- Is Bitcoin greed-proof? 2.- If not, can a greedy user make other Bitcoin users poorer by just using Bitcoin in a perverse way? (just as it's happening with fiat money) Thank you.

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