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I have a few pm's that are taking forever to respond to, 6 minutes between responses.
Is there a posting level trigger that allows a faster pm response than 6 minutes.
I HOPE SO
Thanks
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The clown that wrote the article is a clown and has no grasp of fiat currency and trust factors.
Here's a fiat currency example which is what the USD and Bitcoin is, something you accept in trade that has no inherent value but the parties in the fiat transaction agree the fiat has a value.
So we live on a remote island filled with coconuts, I'm the big dog of the island and I have a harem of chicks.
My chicks like coconuts, so my harem agrees to perform services to the little dogs on the island in trade for coconuts.
Now my harem brings me in all the coconuts on the island, I'm the king of coconuts.
Do coconuts have value, they actually have more intrinsic value than say the USD or even Bitcoin, you can eat a coconut, drink it's milk and refine it into oil.
So coconuts may be a bad example of fiat, since by definition it has to have NO INTRINSIC VALUE but the parties in the trade agree it has value.
But the point I was trying to make, was the guys climbing trees to get the nuts are doing work to take the trade of the chicks making them happy.
So the chicks agree to perform services for coconuts since their big dog daddy pimp likes the juice.
If everyone in the network didn't agree the coconuts had value, the chicks wouldn't be servicing the guys and the guys wouldn't be climbing trees.
Now if the big dog pimp liked shrimp, then shrimp would be the currency, but since food has intrinsic value, it's technically not fiat.
More of a barter system.
Now once we move that trade network into say sea shells, what value has a sea shell, none really, so shells were one of the first real fiat systems.
Then some learned to use metals and currency took value in metals, primarily silver and gold due to scarcity, but what value really was metal to humans with no tech, it was for jewelry maybe.
Now maybe the humans were influenced by the ancient astronauts in Sumeria who created them to mine metals like gold and silver as ancient texts say.
So ancient cultures adopted GOLD as having value since their tech master slave owners aliens needed it in their tech.
Absolutely no reason existed for humans to become so enamored with GOLD 5,000 years ago unless an outside agent influenced their value of it.
So real currency systems evolved using metals and coinage.
Then some kingdoms debased their coins by adding lesser metals.
Then this paper crap called currency with NO INTRINSIC VALUE was created and the aliens are now laughing.
Through it all the network or commerce group AGREED to something they exchange for goods and services had value.
Food is probably the best currency but then it's barter, you can eat food.
Gold? Well with tech today it has industrial value.
US Dollars NO INTRINSIC VALUE Bitcoin NO INTRINSIC VALUE
Yet a network of people are agreeing to take bitcoin in exchange for goods and services so as that user base GROWS its TRUST FACTOR GROWS
Bitcoin Algorithm of TRUST shows user base or trust factor is the only thing propelling the value.
7K users 5 bucks 70K users 50 bucks 700K users 500 bucks 7M users 5K bucks 70M users 50K bucks 700M users 500k 7B users 5M
So the size of the trade network of users AGREEING something of NO INTRINSIC VALUE is why bitcoin has value
Now you can understand where bitcoin is going
AS LONG AS TRUST FACTOR OR USERS INCREASE
The limited supply of bitcoin is a simple fraction of the user percentage of the GWP population of 7 Billion people
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mike and ids
thanks for posting maybe another speculator will see them
but none of them are something I'm interested in
sorry nothing you posted is something I feel that strong about to make an offer
but I appreciate you posting and I hope another domainer likes your reg's
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As long as it's related to bitcoin send me a list
I never know what will interest me
Price is negotiable, no one is paying much for them since domainers are not into bitcoin much yet
A ton have dropped, so prices aren't that high
But if you have some bitcoin related .com's
I'm buying
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It's a clean Gold Older Jaguar
I noticed you're in Australia looking at cars there.
I'm not interested in anything but a face to face trade in SFL
SOUTH FLORIDA
I have a clean Gold 2002 Jaguar only 72K miles book is 9K range
I was gonna upload to the forum a pic but it wants a link to a file off the forum
If someone is in SFL I'll be happy to do it, but honestly unless you are in SFL it is a waste of my time.
So for now if anyone wants a 10K level luxury car I'm sure they know what Jags look like
Clean car, gold, low miles
ANYONE IN SFL it will be worth your trip to see it
And if someone is IN SFL and needs a pic I'll waste some time posting an image to my server
But since you are not local I think it's a waste
The odds of someone being in this forum in SFL looking for an older executive car is tiny
So unless it's a SFL person no point me wasting my time
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