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1344
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Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][DGC][FBD] Free Bank of Digitalcoin ~ Risk Averse DGC Investments
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on: June 20, 2013, 07:04:13 PM
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I don't think this is a viable ideea. Assuming the case: DGC rises in price, everibody sell and they make a nice profit. After that DGC falls and the same people buy and sell back to the bank with the initial price witch is higher now than the market = nice profit again... And this is just one scenario... Think about it!
this ! Is there a free market where "everyone sells" and subsequently "everyone buys" in unison in existence? This "bank" it's not a free market. My point is that this is a good ideea for making some profit for the "bank", but it doesn't benefit the coin in any way. It's just a good business ideea that everyone will try to profit but you all know that it can't happend. If you know that kind of business point me to it and I'll invest right now  |
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1345
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Economy / Economics / Re: Is credit possible with Bitcoin? Explain.
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on: June 20, 2013, 06:46:50 PM
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If Bitcoin became widely adopted, it could (and probably would) function exactly like any currently popular fiat currency. (Dollars Euros Pounds Etc.)
There's no real functional difference except that there wouldn't be a government that could print more money, therefore I see no logical reason that credit and banking would not work the exact same way it does currently.
With banks currently, if, say, $1000 was deposited with a fractional reserve of %10, the bank would then loan out $900 of that same $1000 to other people.
All you have to do with is replace the above $ with BTC and you have the exact same system using Bitcoins. There's no reason this couldn't work with banks, credit card companies, loan agencies etc.
Now if you were to question whether it's likely to happen currently, that's another question, but once the price stabilizes and adoption becomes high, I guarantee you'll see Bitcoin banks and credit agencies.
It's not right. Actually right now if you deposit 1000$ the bank can loan 9000$... so it's not the same with BTC. |
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1347
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Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][DGC][FBD] Free Bank of Digitalcoin ~ Risk Averse DGC Investments
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on: June 20, 2013, 06:08:07 PM
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But that's a big "if"... the majority will buy hopping for a price increas and if that happends everybody would rush to seel on the marked so a quick price decreas... the ones that didn't cash out from the account would rush tu sell back to the bank in panic that the bank would go bankrupt... more price decreas... anyway, it's not going to work because people would assume that is un investment without risk... things just don't work like that.
P.S. This is just my personal opinion and i could be wrong, don't take it as un advice because it's not. In fact i would be glad to see this become real and viable.
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1350
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Local / Market / Re: salut, am de vanzare 10.84281467 BTC
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on: June 20, 2013, 03:02:13 PM
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Dar nu stiu de ce te trimite pe pagina bancii, trebuie sa dai la add card si pui detaliile cardului si asta ar trebui sa fie tot, doar daca ti'ai pus tu vreun cod de securitate la tranzactiile online cu cardul sau ceva... ai putea sa intrebi la banca.
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1351
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Local / Market / Re: salut, am de vanzare 10.84281467 BTC
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on: June 20, 2013, 02:57:13 PM
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Din pacate nu am in plan sa ies azi din casa si sincer nici nu stiu nici o filiala WesternUnion, ca aici se lucreaza mai mult cu bancile, si asi prefera o tranzactie online. Daca totusi o sa reusesti sa'ti faci cont PayPal PM me si o sa cumpar cel putin 2 BTC. Poti folosi chiar si Neteller dar din pacate acolo am limita de 64 de euro pe zi pentru ca nu am reusit sa ajung la banca sa'mi verific contul de Neteller.
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1352
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Local / Market / Re: salut, am de vanzare 10.84281467 BTC
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on: June 20, 2013, 02:32:55 PM
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Eu momentan sunt in Danemarka asa ca ar fi cam greu prin posta... Daca te decizi poti sa'ti faci cont, doar ca'ti trebuie neaparat card VISA sa poti retrage banii, cu Mastercard nu merge.
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1354
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Economy / Currency exchange / Re: [WTB] 2 BTC w/PayPal
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on: June 19, 2013, 08:01:05 PM
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I plan to stay on bitcoin's and buil trust on this forum. I don't do reverse payment. I have few transaction's made and payed with PP. You will never see a scam tag near my name. I guess that everybody say that, but time will tell. |
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