boumalo
Legendary
 Offline
Activity: 1918
Merit: 1018
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February 20, 2014, 04:52:30 PM |
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You don't want to store your wealth in something that can and will be greated at will like the dollar
Gold, bitcoins, oil, a diversified portefolio are a better store of value; it is sad to see people working hard to accumulate something that will be worthless in a short while
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drrussellshane
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February 20, 2014, 04:55:19 PM |
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I remember when this thread was first started.
I knew it was true, but I thought we had more time.
And dammit I miss Atlas!
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Buy a TREZOR! Premier BTC hardware wallet. If you're reading this, you should probably buy one if you don't already have one. You'll thank me later.
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HorseCoin
Newbie
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Activity: 42
Merit: 0
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February 20, 2014, 05:34:18 PM |
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Think about the utility of this ^^^ vs. having 30-40 micro sd cards with 10,000 BTC on each that can be stashed or instantly transferred anywhere.
or just store the private key encrypted in Google Drive |
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koplea
Newbie
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Activity: 28
Merit: 0
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February 20, 2014, 09:47:56 PM |
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There's nothing wrong with borrowing to speculate in bitcoin as long as you are prepared to possibly pay off a dead horse. There is nothing wrong with speculation as it provides liquidity to the market. Speculators provide information and get paid for it when it is good information. They lose money when they provide bad information.
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Lauda
Legendary
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Activity: 2674
Merit: 2965
Terminated.
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February 20, 2014, 10:17:03 PM |
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Think about the utility of this ^^^ vs. having 30-40 micro sd cards with 10,000 BTC on each that can be stashed or instantly transferred anywhere.
or just store the private key encrypted in Google Drive Or just memorize it. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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MoonShadow
Legendary
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Activity: 1708
Merit: 1010
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February 20, 2014, 10:28:46 PM |
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And dammit I miss Atlas!
He was a character. Don't assume his actor isn't still here. |
"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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keithers
Legendary
Offline
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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February 20, 2014, 11:04:37 PM |
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And dammit I miss Atlas!
He was a character. Don't assume his actor isn't still here. is your ron paul avatar stuck there since we can't add avatars right now, or are you still repping Ron Paul?  |
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MoonShadow
Legendary
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Activity: 1708
Merit: 1010
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February 21, 2014, 12:12:19 AM |
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And dammit I miss Atlas!
He was a character. Don't assume his actor isn't still here. is your ron paul avatar stuck there since we can't add avatars right now, or are you still repping Ron Paul? Mostly lazyness. In another year I'll change it to a Rand Paul 2016 avatar. I've met Rand, but not his father. Really nice guy, and taller than he looks on tv. I've also met Dennis Kucinich, who is also a fine fellow, but is much shorter than he appears on tv. In fact, I've shaken the hands of several current and former politicos. Not all of them struck me as fine people. Have you ever had the feeling, upon meeting someone for the first time, of this strange sensation that you would be wise to never be in the presence of this person without witnesses? I most certainly have, and most of the time this was when I was meeting either a politican for the first time, or a violent convict. One such person is the current US representative in my own district. He gave me the creeps. |
"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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drrussellshane
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February 21, 2014, 12:58:40 AM |
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And dammit I miss Atlas!
He was a character. Don't assume his actor isn't still here. is your ron paul avatar stuck there since we can't add avatars right now, or are you still repping Ron Paul? Mostly lazyness. In another year I'll change it to a Rand Paul 2016 avatar. I've met Rand, but not his father. Really nice guy, and taller than he looks on tv. I've also met Dennis Kucinich, who is also a fine fellow, but is much shorter than he appears on tv. In fact, I've shaken the hands of several current and former politicos. Not all of them struck me as fine people. Have you ever had the feeling, upon meeting someone for the first time, of this strange sensation that you would be wise to never be in the presence of this person without witnesses? I most certainly have, and most of the time this was when I was meeting either a politican for the first time, or a violent convict. One such person is the current US representative in my own district. He gave me the creeps. Ron Paul is a fantastic human being and a statesman in the most honourable sense of the word. The sad thing is, is that he is (was) just doing his job. He was performing as everyone who holds similar office SHOULD perform. The reason that he is lauded is because he was virtually the only one in Congress to have done his job properly. The whole world should be full of "Ron Pauls", but alas it is not. At least, those voices are not the loudest. I've had the pleasure of talking to him and shaking his hand, and have met his son as well (before he became a political figure). Several years ago, I advised Rand to run for Senate, and I'm certainly glad that he took my advice.  I'll go ahead and take credit for his (future) Presidency too, while I'm at it, just in case! Like his father says "be careful; you just might win!".... EDIT: and regarding Atlas - I would like to think that I would immediately recognize such a figure, if he were still here, but I wouldn't mind being wrong, just to have him around! He certainly made his mark here.  |
Buy a TREZOR! Premier BTC hardware wallet. If you're reading this, you should probably buy one if you don't already have one. You'll thank me later.
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kireinaha
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February 21, 2014, 12:49:25 PM |
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By page 100, future readers will look back in envy at page 47. 'Those people owned a full bitcoin (or more!) and openly wrote about it like it was no big deal?? Why didn't I invest in those $500 coins?? I was such an idiot!'
By 2020, wars will be waged by nation states for sums equaling less than 1,000 BTC. The GDP of major powers such as the US will be approximately 10,000 BTC or less. So it goes to reason that an individual with merely one full coin will be on par in the arena of wealth with great rulers of the past such as Kubla Khan and modern tech moguls.
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Night gathers, and now my bitcoinwisdom watch begins.
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Biomech
Legendary
Offline
Activity: 1372
Merit: 1022
Anarchy is not chaos.
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February 21, 2014, 01:06:32 PM |
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Dear 2018, sorry pussies, I bought Bitcoin at $600!!!! Lmao you're buying at $600,000??
I like the way you think, sir! |
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bitpop
Legendary
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Activity: 2912
Merit: 1060
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February 21, 2014, 01:11:45 PM |
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Dear 2018, sorry pussies, I bought Bitcoin at $600!!!! Lmao you're buying at $600,000??
I like the way you think, sir! We'll all be back here regretting not buying FREE coins |
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Biomech
Legendary
Offline
Activity: 1372
Merit: 1022
Anarchy is not chaos.
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February 21, 2014, 01:13:21 PM |
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Dear 2018, sorry pussies, I bought Bitcoin at $600!!!! Lmao you're buying at $600,000??
I like the way you think, sir! We'll all be back here regretting not buying FREE coins Funny how the big regrets are always the things you didn't do, ain't it? |
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angrynerd88
Sr. Member
Offline
Activity: 910
Merit: 253
Hodlers Network
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February 21, 2014, 01:49:49 PM |
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in 2020 we still be frustrated nerds losing money online and wasting time on forums.
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techstorm2
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February 21, 2014, 01:54:52 PM |
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Dear 2018, sorry pussies, I bought Bitcoin at $600!!!! Lmao you're buying at $600,000??
What! you bought bitcoins, i mined mine, lol, only joking, good luck, cant wait for 2018. |
Dime 7Q3cZtyJemmE8pJsrYgX24mHnkqZX6M6hP
BTC 18vbvovBeM5ZTZqR5ZWAy75EXE7qTNipuo
Mooncoin 2QgyivUMa7Zun6oPdxeE1yry1aNp5hqrDb
LTC Lg3UYGCAe3Tb146PiMqeGNLR7bnjdM447d
Doge DPd1XejW8TabJu5gfjyKnuQYQ9Vzw1anXN
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Lauda
Legendary
Offline
Activity: 2674
Merit: 2965
Terminated.
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February 21, 2014, 05:23:56 PM |
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in 2020 we still be frustrated nerds losing money online and wasting time on forums.
No. Anyone holding bitcoins will be rich. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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Raize
Donator
Legendary
Offline
Activity: 1419
Merit: 1015
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February 21, 2014, 07:53:24 PM |
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By 2020, wars will be waged by nation states for sums equaling less than 1,000 BTC.
While I share your optimism, I find this hard to believe. The US gov't has a stash of over 140k BTC right now, right? Even if they sold all of it right now, the taxes they could accumulate in just one year if they let people pay taxes in BTC would be in the tens of thousands. That's too short of a timeframe and far too much optimism on the adoption rate, IMHO. |
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halcyon
Member
Offline
Activity: 70
Merit: 10
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February 22, 2014, 01:04:30 PM |
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Think about the utility of this ^^^ vs. having 30-40 micro sd cards with 10,000 BTC on each that can be stashed or instantly transferred anywhere.
or just store the private key encrypted in Google Drive Or just memorize it. pretty dangerous, considering that due to some unfortunate events like a car accident or sth similar you can lose part of your memory. |
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angrynerd88
Sr. Member
Offline
Activity: 910
Merit: 253
Hodlers Network
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February 22, 2014, 02:47:23 PM |
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i am pretty confident we will lose almost everything in next months.
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grifferz
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February 22, 2014, 05:36:38 PM |
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i am pretty confident we will lose almost everything in next months.
Fair enough. At what price will you sell all of your btc to me then, and then remove the begging address from your signature? |
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