what would you be able to trade bitcoins for if the dollar/euro crashed first?
or if it gets stronger by that time, would it replace them?
or if its not ready for the colective conciusness would it crash as well?
or what would you be able to trade it for?
btw cant see no big wall, its only day trading, bots and traps atm it seems, looks like it will continue steadly rising .
I'm going to step away from the uber-bullishness for a minute to say that the dollar/euro aren't going to be immediately swept away by Bitcoin. That simply won't happen. It's not to say that Bitcoin can't rapidly achieve a trillion-dollar-plus market cap - I believe it can - just that the role of inflationary currencies will continue to be a large and important one for the foreseeable future. Beyond the fact that tax obligations have to be paid in state-issued fiat, banking will be difficult in Bitcoin, and financial markets will certainly not be switching anytime soon - most "wealth" is in equities or derivatives, priced in dollars. Then there's the fact that oil can only be purchased with dollars. Gold, silver, and fiat have been coexisting for many years now, and I do not expect Bitcoin will upset that balance. We're looking at a timescale of decades before we can expect fiat to go away. Frankly, I much prefer it that way. A functional alternative to fiat is actually better than a giant upheaval. Some people still get the paper in their driveway every morning. And sometimes even I enjoy the experience. I guess i agree with you, you make valid points, and true i prefer it that way as well, i was just thinking it becuase as i see it works kind of like this way the backd up Gold/Silver --->>> Currencies --->>> Bitcoin value?, *correct me if im wrong while the direct backup for bitcoin is the hash number of each? or am i just tripping Not really sure what you're talking about. Nothing is backed by anything but faith these days. "The Economy" is a collective hallucination. lol, sorry if i didnt explained myself in a more clear way, english is not my first language, even so, you answered my point, as everything is backed by the faith or value perception only. Well  for the time beeing im starting to love this collective hallucination xD Beautifull and elegant way of describing it |
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what would you be able to trade bitcoins for if the dollar/euro crashed first?
or if it gets stronger by that time, would it replace them?
or if its not ready for the colective conciusness would it crash as well?
or what would you be able to trade it for?
btw cant see no big wall, its only day trading, bots and traps atm it seems, looks like it will continue steadly rising .
I'm going to step away from the uber-bullishness for a minute to say that the dollar/euro aren't going to be immediately swept away by Bitcoin. That simply won't happen. It's not to say that Bitcoin can't rapidly achieve a trillion-dollar-plus market cap - I believe it can - just that the role of inflationary currencies will continue to be a large and important one for the foreseeable future. Beyond the fact that tax obligations have to be paid in state-issued fiat, banking will be difficult in Bitcoin, and financial markets will certainly not be switching anytime soon - most "wealth" is in equities or derivatives, priced in dollars. Then there's the fact that oil can only be purchased with dollars. Gold, silver, and fiat have been coexisting for many years now, and I do not expect Bitcoin will upset that balance. We're looking at a timescale of decades before we can expect fiat to go away. Frankly, I much prefer it that way. A functional alternative to fiat is actually better than a giant upheaval. Some people still get the paper in their driveway every morning. And sometimes even I enjoy the experience. I guess i agree with you, you make valid points, and true i prefer it that way as well, i was just thinking it becuase as i see it works kind of like this way the backd up Gold/Silver --->>> Currencies --->>> Bitcoin value?, *correct me if im wrong while the direct backup for bitcoin is the hash number of each? or am i just tripping |
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what would you be able to trade bitcoins for if the dollar/euro crashed first?
or if it gets stronger by that time, would it replace them?
or if its not ready for the colective conciusness would it crash as well?
or what would you be able to trade it for?
btw cant see no big wall, its only day trading, bots and traps atm it seems, looks like it will continue steadly rising .
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Please the change the poll. Bitcoin has already crossed $1000  and Gold.... so what's next to vote on? to reach the number of pages on this post as previously suggested by someone else XD |
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Coming Soon... =1 BTC That was... predicted urm.. Yesterday???  ROFL i loved this |
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Well, my 0.76 has become 0.71 - like I said, even with 0% fees, I'll still end up with squat. It always, without fail, goes the opposite to what I do.
Maybe I should get a bot and set up to Crazy Ivan....
..well you should probably be re entering now.. if you sold in the 1100+ range.. and you'd be up. Remember watch those candle sticks.. you aiming to sell on a high part of green and a re-enter on a low part of a red. and keep a close watch at http://trading.i286.org/ , bitcointicker.co and the mtgox candles eat, breath and sleep on them xD |
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Really happy to be part of the adventure with this amazing Tech
and long term investment
Nice to read you all btw, keep the good vibes !
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oks oks  cant wait ^^, thx ps: still mining btw , really nice service, i only get dced on some times, coz of internet i guess (for phew sec or milisec) other than that is a nice pool |
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like the pool, all good, 36 hrs now
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hi
phew more hours and id be connected for 24 hrs,
joind as soon as i saw this post
nice service
thx n gl
my adress: 15q8hzWbhw3GkkJ6hsvqZiE5Rsi8q9M5vt
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