Bitcoin Forum
June 24, 2024, 06:37:11 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Other / Beginners & Help / Re: Will bitcoins ever be worth as much as gold? on: December 09, 2012, 03:48:49 PM
So your question is -- will you ever be able to buy 1 oz of gold with 1 BTC?  I suppose it's a possibility.

Right now the value of Bitcoins are such that it takes 126 BTC to buy an oz of gold.  At one point it took 3400 BTC to buy gold.  I'd say it's on the right track:)

And it took BTC5000 to buy a pizza. But then again, you can eat a pizza but you can't eat gold (hello Mr Midas!) so there may be some logic involved therein. Smiley

But then again, you can solve the problem of the double coincidence of wants and facilitate profit loss accounting with bitcoin, you cant do that with pizza.

Pizza also molds over after a couple of days, at which point it becomes illiquid.
2  Other / Beginners & Help / What Product/Service Do You Want To See Available with Bitcoin? on: December 09, 2012, 03:40:49 PM
Good Morning Everyone!

There are a lot of products and services already available with bitcoin, but I'm not sure how widespread the market is. Being a service provider, I wonder if there is anything you wish you could purchase that you can't. Also, are there any ideas of products or services you think OTHERS would find valuable?

I want to provide service and value. Although I write, input from or about any field is appreciated.
3  Other / Beginners & Help / Re: Free Yubikey raffle on: December 09, 2012, 03:13:20 PM
I hope I'm not acting like a troll if I say Happy Birthday? Either way, Happy Birthday!
4  Other / Beginners & Help / Re: Will bitcoins ever be worth as much as gold? on: December 09, 2012, 03:11:55 PM
I noticed that some are trying to predict the future based on historical data. I suggest that, in the words of Ben Graham, "The Market is there to serve you, not to inform you".

I believe that bitcoin is a great safe haven currency, at least short-term. In the long term, if all the world's markets crash, I'd much rather have gold or silver than bitcoins. Above that, I'd rather have both.

I think the key is diversification. But then again, it's always been.
5  Other / Beginners & Help / Re: Introduce yourself :) on: December 09, 2012, 03:05:11 PM
Greetings from Atlanta, GA. Loving the weather down here  Cool


Can confirm. Here in florida on a vacation, 70 degrees and sunny. love east coast winters.


I'm also here in Florida. I've lived here forever and although I've traveled a bit, I would always keep this place as my homebase. Beautiful weather and friendly people (usually).

Anyway, I'm new to bitcoin. I find the whole concept exciting. Some of it is over my head, some of it is not. That's what's fun about new things - learning.

I enjoy writing, if anyone was wondering about my nickname.

Thanks for reading!
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!