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on: January 11, 2013, 03:26:26 AM

There are different psychological associations made with colors and it may be that vendors would realize that fact and use it in order to manipulate their consumers with pretty color pricing. For example I associate green with savings and red with either a warning or time running out. Most people are manipulated with that little 9/10 on the price of gas as well as the presentation of $9.99 or $19.95. I could however see that some people may appreciate such a system.

on: January 11, 2013, 02:51:11 AM

I'm betting as it were on the vast potential Bitcoin has for an increase in value. I don't think that the inflation of the US dollar will be directly and mostly inverse to the change in value of Bitcoin. It seems to me that inflation of USD will drive way more people into Bitcoin as a way to save their money. Quote Also, it may be the case that when bitcoin gets to $100, it may be because the us dollar has lost an inverse proportion in purchasing power, so you end up with the ability to buy as much as you did before . Look at it like more people with "more" (inflated) money will be investing in Bitcoin; not just the same people with "more" (inflated) money My outlook is based on the fact that I think and hope that people will be smart enough to adopt an untaxible, untraceable currency that can't be inflated by a central distributor/printer; and that outlook will hopefully never change.

on: January 11, 2013, 01:41:09 AM

I have caught the Bitcoin Millionaire Syndrome. I think that some day my few Bitcoins may become worth anywhere from a small fortune to a large fortune. This means that I am much more reluctant to actually spend Bitcoins. Is it possible that this thinking and behavior is common among those who own Bitcoins and is it detrimental to the expansion of the Bitconomy? for a more in depth post look at http://wp.me/p2VF4G-r. Please forgive me for putting this on the wrong board.

on: January 10, 2013, 11:58:55 PM

I have invested a few Bitcoins on Btcjam.

on: January 10, 2013, 04:46:37 AM

I think a better way to look at this question is what is the world gdp measured in usd? It is approximately 55 trillion dollars.

on: January 09, 2013, 11:59:15 PM

What if someone thought that mining Bitcoin was like electronics recycling and instead of getting gold scrap they expected Bitcoin?

on: January 08, 2013, 10:28:21 PM

I would like to be able to discuss the economics involved with Bitcoin and collaborate with members on projects. Here is a sample of my writings and insight on Bitcoin. http:/[Suspicious link removed]/wsv64Ls1

on: January 08, 2013, 10:16:14 PM

Patience is a virtue. Deal with it.

on: January 05, 2013, 06:14:04 AM

Hi Im Alex a newbie blogger. I have recently decided that I would like to be more active in the bitcoin community because sitting around and just waiting for the value to go up feels to lazy and pacifistic. My blog is maxwellmedium.wordpress.com

on: January 05, 2013, 06:10:41 AM

Quote from: 1uk3 on January 05, 2013, 03:33:06 AM Quote from: dennisn on January 04, 2013, 05:19:00 PM I think the 5-posts-in-newbie-section limit is a bit excessive. Well the point was to cut down on the spamming, so I'd say the opposite Its like a giant ocean of newbie spam and they are trying to damn it up to keep the rest of the forum water fresh.

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