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The Native Americans did not believe in ownership of land or natural resources. If only this philosophy could work around the world, it would make for a much better place. Human greed rules though, cant fight that fact.
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Dillon Harper always does the trick.
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I've been wandering if it is best for bitcoin (1) to be sold at low prices (to new people) . Or (2) just sell when it's extremely profitable when it reach 1000$ ++. Because if (1) it means more people in the community more bitcoins traffic more happy winners ... You get the point . If (2) the winners here are only those who already got some bitcoins and hodling to them (less happy people) . So what do you think ?  It depends on if you like money or not? Selling things when they are low is a good way to ensure you dont have money for very long. |
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Am I wrong in my n00bsque opinion derived from a mere 2 days of researching and reading about bitcoin from a knowledge base of zero on the topic, that there probably isn't likely going to be another point for bitcoin value to drop below the $100 mark - or maybe once more before it begins its upward climb to mainstream adoption? Exactly half of all people involved are willing to bet bitcoin will go up from $485 and the other half are sure it will go down from $485. That is how open and free markets work. People are betting very large sums it will go up - and the other people are betting large sums it will go down. If the number of people on either side shifts even slightly, the price will immediately change to reflect that until it is again 50/50. Absolutely nobody thinks it will go down to $100. 'likely'? lol! I´m almost certain that we will see a price between 50 and 150$ this year! Yea this would not be surprising at all. I dont understand why some people seem so certain that this is not even a possibility. How many of us are actually using bitcoin for day to day purchases or regular uses apart from trading or gambling? The reality is that there are not many people doing so which makes it hard to justify a $6b market cap. |
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This chick is very average looking. What am I missing here? She's cute but that is it. Cute is far from thread worthy.
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Extreme low-balling in both BTC and LTC prices. The CDN dollar is only worth 90% of the US dollar yet prices across the board for BTC/CDN and LTC/CDN are lower than BTC-e and Bitstamp. I hope none of my fellow Canadians are being duped to sell at these prices (they shouldn't be selling now anyways)....
On the bright side, there could be some serious arbitrage to be done in the right hands...
Low prices is a joke? Why not load up on bitcoin at these depressed levels then? Is there an issue with withdrawing from the site? Nope. I for one have been loving this. 300 coin sell order seems to be the culprit. Is there any way to trade on there from the US? Im guessing there is not but that discount is pretty significant. Would make for a nice arb opportunity. |
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I said more people there are getting internet and mobile, not that it was a fun place to go on vacation you muppet |
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evidence:  I'm a bad human being for laughing at that  No you are not. Im pretty sure 90% of this forum will laugh at that. Thats pretty classic. |
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Africa? No. Africa doesn't have a good track record at adopting advances in technology or culture.
Peru and other South American countries? I think that it is quite possible, but I think that a dose of pessimism is warranted.
There are three technologically and socially advanced countries that have high levels of inflation. They are: The US, the UK, and Japan. So these are the three countries where I expect Bitcoin to flourish.
Times are changing. Tons of initiatives are bringing the internet to new users everyday, and mobile adoption continues to skyrocket in poor countries. Countries that have seen huge percentages of their GDP erased every year by predatory banking and money transmitting fees will not stand for this forever. So Africa? Yes. Peru, Central, and South America as well. The Philippines could be a potentially huge market with about half of their GDP coming from remittances. |
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Because the news has been horrible the past few months, the IRS just made using bitcoins a fiasco, and adoption momentum seems to have slowed.
IRS kind of logical decision, China ban, mtgox but adoption seems to be going well and businesses are still getting more and more interested by the coin; maybe less in regards to the new regulation but I am not sure this new regulation is bad, Bitcoin is now legal when it wasn't even sure it was 6months ago It is near impossible to get a business bank account in the US for any type of bitcoin business at the moment, especially for exchanges or facilitators of buying bitcoin. Coinbase is the only real option for most people that live in the US. This alone is really hurting adoption. Mt Gox didnt certainly didnt help attract any new comers who may have already been somewhat skeptical. I hope things change soon and we can start building some momentum again, but at the moment things arent going great. |
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Futures, options, forward contracts. There are lots of derivatives that allow you to hedge. Some people consider gold or silver as a hedge here but it really isnt. Stock market is booming, think its still got some legs to it, earnings season starting soon so we shall see.
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This was also found at the scene...  |
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Here is a chart I made...  |
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The Bitcoin network has yet to grow into the size that speculation drove prices to. There just is not enough business transacted in bitcoin at the moment to justify its price. Because of this the price could still drop considerably from here. Bitcoin is in a pretty firm downtrend at the moment, just as speculation can prices higher than is maybe justified, it can also take it lower than is warranted.
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If someone widely known and well trusted in the company were to establish a site that highlighted fraudulent companies that would help to protect some people from getting burnt. Making a push for bitcoin business owners to become more public and involved in the community would also help.
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If only it wasn't April 1st
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He needs to stop railing that snow bunny if he wants to have anything left for the course IMO.
Imagine how much your back would hurt if you were tappin that?
Good point, Im sure that is causing some extra physical strain. You would think he could handle all of that though after his porn-star/ escort escapade. |
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Wait, so we had a say in how we would have liked the IRS to have viewed our bitcoins? The IRS works for the government who works for corporations. Unless you are already extremely wealthy the IRS is not working for you, dont be so naive.
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I hear they now plan on donating all of this bitcoin to Mark Karpeles to help him with his recent legal troubles.
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Tiger was just ruled out for the Masters after having back surgery. Will he ever win another one? Who are you guys taking this year?
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