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3901
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Economy / Economics / Re: Does this mean Cash will be extinct?
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on: October 16, 2017, 08:02:31 AM
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Actually cash is not the problem, but the financial system behind it, because governments can substitute paper money with credit or debit cards, checks, promissory notes or any other instrument, but that does not clean the corrupt and false capitalist banking system behind it.
That is an excellent point. Just digitising cash doesn't solve any of the problems |
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3903
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Economy / Economics / Re: Does this mean Cash will be extinct?
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on: October 15, 2017, 07:54:13 PM
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Many people OK, but well off countries would have no problem switching to all card transactions.
Its tending to swing that way anyway naturally overall.
How about the third world countries will survive without the fiat cash system they currently have now. In digital era, future we will only with the cashless transactions for all that bitcoin or any other altcoin should by the concern country. I think every country will choose one of the digital coin as their national currency. If bitcoin regulated with the less norms in banking that would be normal. If it is completely regulated we may have bear any fees for it. Agreed there is less value in migrating the poor countries. They can keep exchanging their shells for all the banking system cares I bet. |
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3910
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Economy / Speculation / Re: Analysis
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on: October 14, 2017, 06:41:39 PM
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only $9k? I have my targets at 9-13k
And then? 50% retracement? If we moon that hard, 13k+, I'm pretty sure we will see massive profit taking and a bearish trend for quite some while. That is surely the thing. If every man and his dog has dozens of BTC there must be a point they go great I'll take it. A happy ever after life. Holding forever is true greed and the Colindale 0 event approaches us all. |
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3911
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: October 14, 2017, 02:28:37 PM
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When BTC will be for 100k usd and bread at the shelfs for 30 usd. Maybe then.
Probably at weekend another leg upto 0.02 and then to hell for 0.01. noMore!
So you are calling an upcoming high of 0.02 and bitcoin going to $100,000 That means $2000 dollars per Monero Thanks |
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3912
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Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer
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on: October 13, 2017, 06:22:33 PM
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The whole "character" thing at the end did feel to be swallowing him up. People said it was amazingly believable, but I think it became more of an alternate reality.
*edit* I'm not a doctor. I just have an interest in neurology and the mechanics of humans
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3915
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Economy / Speculation / Re: Nights Watch by Afrikoin
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on: October 12, 2017, 12:25:58 PM
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I believe in crypto globally, I'm not sharing your point of view but I'm okay on that fact.
Even we come here for differing points and opinions, otherwise you could just speak to the wall (observer? lol) Of course there is the odd idiot. Shame, but we are here for the inputs and to feed back the outputs. The dumb money doesn't know shit about the 1MiB block size limit issue with the deprecated version of the Bitcoin's block chain, they are going to be the biggest losers when that fork comes to a grinding halt  OK but conversely by that point. How will you swerve off all these new user into BitcoinB or something if they are coming looking for bitcoin? 10 different bitcoin versions all called bitcoin x or y or $? surely seems to me more like an attack on bitcoin. A kind of dilution and confusion attack. |
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3917
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Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer
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on: October 11, 2017, 09:29:25 PM
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PMs don't feel indestructible. We could find a new method of detection or mining and have 10x the gold we had before in one week. Or even molecular adjustment of some other material in a modern process and then what. Where is the price? In cryptos, we have ASICs for part 1, sudden increase in production. But at least we cant have part 2, sudden discovery of many more coins. (except the scammy pre mines ofc  ) |
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3919
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency
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on: October 11, 2017, 01:25:16 PM
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Wall observer
....possibly gaining some exposure because these folks learn that you have coins and also might learn too much about your personal details and your possible bitcoin hodlings, and gosh we likely have to take additional precautions regarding how much we expose ourselves and our coins.. and even if it might be inconvenient to NOT store too many coins in such a way such as on local bitcoins or some of the wallets that we might use in our trading?
Hmm if only there was something a little bit more private and flexible etc. |
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I believe in 10 years Monero will 
lets hope they burn in karma at least.
