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Bitcoin Forum > Economy > Economics > Worried about the recent drop in bitcoin value? Looking for a way out?
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Author Topic: Worried about the recent drop in bitcoin value? Looking for a way out?  (Read 2610 times)
bitcredit (OP)
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June 11, 2011, 09:26:10 PM
 #1
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EconomicOracle
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June 11, 2011, 09:58:57 PM
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No to both of those questions.
Do not say bitcoin is dead. Bitcoin is _Real_. When you hold a bitcoin in your hand you hold a peace of history.
GOOOOOOOOOOO BITCOINS!!!!!!!!!!!!!!!
Edit: Oops. Just fixed a typo. It should be GO (like GO TEAM!) and not GOOB
Edit2: Just checked the dictionary and goob is not a word
stick_theman
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June 12, 2011, 02:59:56 PM
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HAHAHAHA

I LOLed.  Good solution.  How many coins did you get?
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June 12, 2011, 03:05:43 PM
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lol.  Small economy gonna' get blown around in the wind.  This works for down as well as up, we've all noticed.
SSJ3 Mario Brothers
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June 12, 2011, 07:18:04 PM
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Quote from: EconomicOracle on June 11, 2011, 09:58:57 PM
No to both of those questions.
Do not say bitcoin is dead. Bitcoin is _Real_. When you hold a bitcoin in your hand you hold a peace of history.

Errr, I'm pretty sure no one's going to get to hold a bitcoin in their hand Tongue
westkybitcoins
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June 12, 2011, 07:23:41 PM
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Quote from: SSJ3 Mario Brothers on June 12, 2011, 07:18:04 PM
Quote from: EconomicOracle on June 11, 2011, 09:58:57 PM
No to both of those questions.
Do not say bitcoin is dead. Bitcoin is _Real_. When you hold a bitcoin in your hand you hold a peace of history.

Errr, I'm pretty sure no one's going to get to hold a bitcoin in their hand Tongue

Bitbills. Close enough.
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Quote from: Richy_T on October 28, 2012, 07:00:11 PM
The idea that deflation causes hoarding (to any problematic degree) is a lie used to justify theft of value from your savings.
trentzb
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June 12, 2011, 08:31:22 PM
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My smart 8 yr old daughter picked up my laptop when I told her she can't physically hold a Bitcoin.
Jack of Diamonds
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June 12, 2011, 08:37:04 PM
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Quote from: trentzb on June 12, 2011, 08:31:22 PM
My smart 8 yr old daughter picked up my laptop when I told her she can't physically hold a Bitcoin.

Even though it takes a whole network to verify their authenticity, they are ultimately in your wallet.dat file which is physically stored on your hard-drive.
So she is correct.

If someone were to steal your bitcoins they'd need to steal your laptop or at least the HDD (not counting social engineering or trojans to acquire the file remotely)
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