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Ron~Popeil
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May 24, 2014, 04:47:00 AM |
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This thread is alive again! It has been a great week for Bitcoin.  It has indeed. I suspect it will be an even greater summer. Lots of good news out there. |
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justusranvier
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Activity: 1400
Merit: 1013
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May 24, 2014, 04:58:15 AM |
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Atlas, I miss that kid... where is he? Living on his private island?
I'm very disappointmed. I moved to Austin last fall and I've never seen Atlas even once. |
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Biodom
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Activity: 3934
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May 24, 2014, 05:30:22 AM |
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http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity/After reading this, the scale of black market and digital economies and the effect Bitcoin will have on them I am pretty certain we are going to be very wealthy men -- even with a sum as small as 10 Bitcoins. It's just so hard to believe. We are only in the beginning storms with these significant rallies from 10 to 20 dollars. I will not be surprised to see prices from hundreds to thousands in the coming months. The world just isn't going to be the same and we have been blessed as the pioneers. What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop? From any perspective, you cannot live in a singularity. The initial article was probably correct about converting cash into bitcoin in 2011, but this cannot work to the same extent going forward. |
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Elwar
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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May 24, 2014, 08:45:56 AM |
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I just bought a 10 bitcoin laptop so that I could read this thread from my yacht.
After I post this message I will toss it into the water to see what kind of bubbles it makes.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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bitpop
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Activity: 2912
Merit: 1060
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May 24, 2014, 10:07:03 AM |
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Why service your bmw when you can have a new one delivered every morning?
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novusordo
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May 24, 2014, 04:52:09 PM |
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This thread...
usually means bubble imminent.
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boumalo
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Activity: 1918
Merit: 1018
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May 24, 2014, 06:27:50 PM |
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This thread...
usually means bubble imminent.
Everyone is waiting for a huge increase in price within 6months; I think it will come within two years but it depends on a lot of factors including when the USD and US&European financial systems will crash |
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stevegee58
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Activity: 916
Merit: 1003
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May 24, 2014, 06:29:54 PM |
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This thread...
...
usually means bubble imminent.
This thread has been around for almost 3 years. |
You are in a maze of twisty little passages, all alike.
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novusordo
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May 24, 2014, 06:33:38 PM |
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This thread...
...
usually means bubble imminent.
This thread has been around for almost 3 years. And it is written in the Book of Satoshi that when this thread gets bumped, an age (less than a year) of massive value increase has begun. |
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stevegee58
Legendary
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Activity: 916
Merit: 1003
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May 24, 2014, 06:36:30 PM |
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This thread...
...
usually means bubble imminent.
This thread has been around for almost 3 years. And it is written in the Book of Satoshi that when this thread gets bumped, an age (less than a year) of massive value increase has begun. Well I'd mostly stopped posting in this vast wasteland but maybe I'll start bumping this thread every day for perversity's sake.  |
You are in a maze of twisty little passages, all alike.
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Arriemoller
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Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
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May 24, 2014, 06:39:10 PM |
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This thread...
usually means bubble imminent.
Everyone is waiting for a huge increase in price within 6months; I think it will come within two years but it depends on a lot of factors including when the USD and US&European financial systems will crash Like I've stated before, it moves in cycles of about seven months, and the end of June should be seven months from the top of the latest bump. So my guess is that we are now seeing the beginning of the coming bump. And I don't think there is an imminent crash of the current economic system. |
Demokrati: Två vargar och ett lamm röstar om lunchmenyn. Democracy: Two wolfes and a lamb votes about the lunch menu.
Frihet: Ett väl beväpnat lamm opponerar sig mot omröstningen. Freedom: A well armed lamb opposes the outcome.
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Bitcopia
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May 25, 2014, 04:03:55 AM |
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This thread...
usually means bubble imminent.
Everyone is waiting for a huge increase in price within 6months; I think it will come within two years but it depends on a lot of factors including when the USD and US&European financial systems will crash Like I've stated before, it moves in cycles of about seven months, and the end of June should be seven months from the top of the latest bump. So my guess is that we are now seeing the beginning of the coming bump. And I don't think there is an imminent crash of the current economic system.I think you're right, and I'm also pretty sure that a catastrophic economic collapse would be bad for Bitcoin and its value at this point in time. We need much more development before this baby is shatterproof. |
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rpietila
Donator
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May 25, 2014, 07:50:20 AM |
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And I don't think there is an imminent crash of the current economic system.
I think you're right, and I'm also pretty sure that a catastrophic economic collapse would be bad for Bitcoin and its value at this point in time. We need much more development before this baby is shatterproof. What of the liquid instruments would gain in value then? You must know that immovable property loses its value in times of turmoil, so at least some form of money must gain in relative value. What could it be? fiat? stocks? gold? |
HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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wachtwoord
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Merit: 1136
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May 25, 2014, 09:39:31 AM |
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And I don't think there is an imminent crash of the current economic system.
I think you're right, and I'm also pretty sure that a catastrophic economic collapse would be bad for Bitcoin and its value at this point in time. We need much more development before this baby is shatterproof. What of the liquid instruments would gain in value then? You must know that immovable property loses its value in times of turmoil, so at least some form of money must gain in relative value. What could it be? fiat? stocks? gold? Pretty much this. It will depend on the state of w/e worldwide common access communication network available though. Bitcoin doesn't explicitly require the internet, but it loses so much utility without it. The internet is designed to survive nuclear wars, although not necessarily as a single connected network. |
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RUEHL
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May 25, 2014, 10:34:28 AM |
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I love this thread title! Especially in boom times like now.   |
Donate BTC: 1FzpMgR34pJbEqtiMEujRiidoL7PgGPaUH
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MyPotPlantDied
Member
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Merit: 10
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May 25, 2014, 11:07:58 AM |
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Reading through this thread is like a time machine! Very entertaining!
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311
Full Member
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Activity: 230
Merit: 100
Come original.
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May 25, 2014, 11:09:32 AM |
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I'm not gonna be rich anytime soon unless I can get my hands on more coins, but I'm working on it  . |
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stevegee58
Legendary
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Activity: 916
Merit: 1003
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May 25, 2014, 11:17:01 AM |
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I'm not gonna be rich anytime soon unless I can get my hands on more coins, but I'm working on it . At the time of the OP for this thread most of the BTC holders had mined their BTC rather that bought them. Most of the BTC had been mined with GPUs up to that time. 1 BTC exchanged for $10-$20. |
You are in a maze of twisty little passages, all alike.
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bryant.coleman
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Activity: 3766
Merit: 1217
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May 25, 2014, 01:25:09 PM |
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I'm not gonna be rich anytime soon unless I can get my hands on more coins, but I'm working on it . Well.... I have a feeling that right now this might be the last chance for everyone to buy Bitcoins below the $1,000 mark. The Mt Gox effect is fading away, and the BitPay / Xapo news will propel BTC to new heights. |
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