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Author Topic: Professional economists projections on BitCoins?  (Read 2150 times)
Slimquick
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June 05, 2011, 12:47:12 AM
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I just bought 50 BitCoins. (I used to have 100 but apparently I have a weakness for double or nothing coin toss games of chance.) At any rate, I was wondering if any professional economists have given projections on the value of BitCoins. There is a lot of speculation on these forums but I am looking for a BitCoin analysis that is slightly more formal.

Any suggestions on where to look? Thanks, everyone.

Forum members with whom I have completed satisfactory transactions: klamathonsite.
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Vladimir
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June 05, 2011, 12:53:31 AM
 #2

I just bought 50 BitCoins. (I used to have 100 but apparently I have a weakness for double or nothing coin toss games of chance.) At any rate, I was wondering if any professional economists have given projections on the value of BitCoins. There is a lot of speculation on these forums but I am looking for a BitCoin analysis that is slightly more formal.

Any suggestions on where to look? Thanks, everyone.

All professional economists think that without inflation we are all doomed and nobody can convince them otherwise because their paycheck depends on them continuing to think that without inflation we are all doomed.

Those economists who think that inflation is a problem and deflation is not, quickly stop being professional ones and become amateurs. Ask Ben.




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justusranvier
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June 05, 2011, 12:53:57 AM
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Hopefully you don't mean any of the professional economists that told everybody that "subprime is contained".
Reikoku
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June 05, 2011, 03:01:27 AM
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Given that 'professional' economists are bred out of rational economics in a university hall and into neo-keynsianism, it'd be better to ask a banker for their bet.

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marcus_of_augustus
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June 05, 2011, 03:11:20 AM
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Generally, they hiss 'n spit and make loud whooping noises.

https://forum.bitcoin.org/index.php?topic=8884.0

On a more serious note, someone said a german economist said on TV after the Speigel article that bitcoins didn't seem like it had any problems to him. Soon after some big lobby group came out with some baseless, scare-mongering press release.

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June 05, 2011, 03:11:55 AM
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http://blog.ezyang.com/2011/06/bitcoin-is-not-decentralized/

http://www.quora.com/Is-the-cryptocurrency-Bitcoin-a-good-idea?srid=pxt
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