isnt the whole point of AIDS, to be spread? but do we want to do this, no as it is not good for society.
bitcoin is not just about spreading it around, its about giving people the informed choice and allowing merchants to choose what is best by informing them of all the information.
i feel there has been too much spreading bitcoin ignorantly, which leads the ill informed to get involved with something that they dont understand enough to utilise fully. hense they panic at the smallest piece of propaganda and run like hell.
You are comparing BTC to AIDS? How can you even compare those two things, while we are spreading things that are in now way associated to BTC lets spread love also, Ebola, Dengue fever.... If its not good why are you using it then, well considering you are a part of society? Merchants? Sorry but what? Now it is practically impossible to make BTCs using miners ( you can but it will take way too long ), so you can mine LTC and other more profitable coins and its on a person who needs them to buy them for cash or exchange for other currency ( BTC for example ). People who enter this "game" by reading on forums, or they are told by a friend to invest... don't have large amounts so they can't effect price like " big players " that have few millions in BTC, and people who have that much are not stupid to lose 20-30% by selling and running like scary little rabbits... |
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Don't believe everything you read in Western newspaper. Few days ago some site/newspaper made an article that North Korea landed on a Sun, and almost everyone thought that story came from real sources, but it was just a fake article...
N.K. = Paradise on Earth. Got the message. Thank you. Good job making that conclusion form my post, you made me proud.... |
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Well you can ask any good metal worker or a person that has knowledge how to build something from aluminium or steel. For them it shouldn't be that hard, just give them dimesions of motherboard, how many gpus, where you wanna your PSU and where you want him to put holes for screws....
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Why would anyone keep their money on PayPal? No really, not acting smart i'm simply asking? I wouldn't keep 1000$ let alone 150,000$ on a "banking" system like PP? And what are they asking from him so he can verify, lift limits or get his account back...
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Every country has issues and problems with stray dogs/cats, If i'm going to donate I will do that in person by buying food, paying for medical bills...
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I would go, but now when I have a chance to become a millionaire i'm not sure that I wanna go  Remember, no beer on Mars. Oh no not gonna happen then ill stay home  |
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No need for more since you can go many decimal spaces.... And why think about something like that when you wont be alive when all coins are mined?
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Don't believe everything you read in Western newspaper. Few days ago some site/newspaper made an article that North Korea landed on a Sun, and almost everyone thought that story came from real sources, but it was just a fake article...
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I would go, but now when I have a chance to become a millionaire i'm not sure that I wanna go |
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So you don't wanna pay anything? I you don't like it, then don't use BTC... Oh w8 you wanna make money but you dont wanna pay anything in process...
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Your logic is flawed because you are basing in on word play based on English words, its like saying glass is half empty, it can never be half empty or even completely empty...
And also atheists believe that God is a fabrication of human mind, like a acid trip, they don't believe in non existence of it....
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Best way to invest is to put money into risky inventions, but thats only if you have money to spare.
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Sorry what, I missed the point?
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On Asus R9 280x i was getting 700KH and now on Sapphire i'm getting 650KH. LTC/CHC/WD
But i dont remember settings. Need to look. Asus was more stable thats all i know.
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...
Bitcoins are perfect example of a thing called Giffen good where as the price raises the demand gets higher and as price drops so does the demand. That's a thing that doesnt follow normal rules in economy and that is why economists dont agree that Giffen goods exist.
...
Bitcoin is a currency -- money. Not goods. Yes, the more money is worth, the more people want it. All money, not just bitcoin. Price of goods rising is the exact opposite of the price of currency rising. That's why it helps to know a bit about economics. Money in fact is a good that is used in transactions.. In economics good is describes something that satisfy human need, that needs to be obtained only difference is that bitcoins are intangible goods, like information... Bitcoins are goods in that way since atm they satisfy our need and greed, same as everything else before invention on money as a payment for a good. In the time when people used to trade items. So now you trade bitcoins for money or you use it to by something else. So yes it helps to know a bit about economics.... Wrong. To begin learning, start with Wikip, here, and continue 'till the end. ...Price of goods rising is the exact opposite of the price of currency rising.
If a bitcoin costs double (in dollars or cows), that means that each bitcoin buys twice as much dollars or cows, and thus is about twice as desirable. If you find this phenomenon curious, paradoxical, or if this makes bitcoin "Giffen good" in your eyes, i would suggest either affordable counseling or adult continuing education. Lol. Wiki. And you wanna be taken serious? I can write a topic on wiki, that doesnt mean it is true... http://economics.about.com/cs/studentresources/f/money.htmRead this, same thing.. Bitcoin is a mean of obtaining items you need. Money is the same thing right. But can you make your own print your own money? No, but you can " print " bitcoins without the government help ( or so we think it is now ). You are looking it wrong. BTC has a value, atm thats lets say 700$ and the trade is lower then it was when it was 1100$. When it drops to lets say 300$ you can by close to 4x more for the same amount of money when it was 1100$ but the trade won't be as good as back it was before. So yes, you my little boy need to go back to school... |
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...
Bitcoins are perfect example of a thing called Giffen good where as the price raises the demand gets higher and as price drops so does the demand. That's a thing that doesnt follow normal rules in economy and that is why economists dont agree that Giffen goods exist.
...
Bitcoin is a currency -- money. Not goods. Yes, the more money is worth, the more people want it. All money, not just bitcoin. Price of goods rising is the exact opposite of the price of currency rising. That's why it helps to know a bit about economics. Money in fact is a good that is used in transactions.. In economics good is describes something that satisfy human need, that needs to be obtained only difference is that bitcoins are intangible goods, like information... Bitcoins are goods in that way since atm they satisfy our need and greed, same as everything else before invention on money as a payment for a good. In the time when people used to trade items. So now you trade bitcoins for money or you use it to by something else. So yes it helps to know a bit about economics.... |
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One of the reasons a lot of people on these forums don't care about economic theory is because it doesn't work.
Like everything to do with money once someone figures how to manipulate the system, the system stops working and ends up being something it was never intended to be.
The beauty of bitcoin is that once someone starts to manipulate it and it stops working right, people can simply abandon it for a different altcoin of some kind.
It's that simple...conventional economic theory is so yesterday. Brilliant, yet another person who doesn't understand simple economics at all ("economic theory...doesn't work"), then states an ignorant conclusion without any support whatsoever. Economics works regardless of the monetary system because it is how human beings live their lives, whether they are conscious of it or not. Every single decision, no matter how small, no matter how many each day, is made using cost/benefit analysis. You state that "it doesn't work", might I ask why you believe such a thing? It's that simple...cost/benefit analysis is so every day. Economy works in a modern life to some degree. It looks on system of production and trade and a need to satisfy the needs of millions. In a modern way it does work as I said, but economy is in the eye of beholder. Bitcoins are perfect example of a thing called Giffen good where as the price raises the demand gets higher and as price drops so does the demand. That's a thing that doesnt follow normal rules in economy and that is why economists dont agree that Giffen goods exist. You can't apply rules you find in economy to everything in a real life. That is the reason what one day you can be worth billions and the next day lose everything. |
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You don't need to know anything about economics to make money... With bitcoins many who made lots of money had luck. I know few friends who got into it just because someone told them it is funny and that some day it might be worth a lot. Some of them now have 2000-3000BTC
And also most of you I hope knows that money is like IOU, nothing else. It is a paper that is telling me/you how much we owe for something....
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I don't panic. I don't see the reason to do that. I invested some amount that I more then quadruple.
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