vvic
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April 05, 2013, 05:22:25 PM |
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So, OP tell us the truth. As of today 2013-04-05 BTC1 = $140. Did the things get interesting for you?
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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vvic
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April 05, 2013, 07:43:11 PM |
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hoho! Nice! I got in a bit late, but way before all this bitcoin rush. Also, you can buy a motorcycle right in bitcoins too. The guy who sold porsche for bitcoins, still has motorcycle for sale. This is my dream to buy everything right in bitcoins and just don't bother with fiat
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MikeH
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April 06, 2013, 06:39:28 AM |
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Give it a shot. I'm interested to hear what your argument on why no one should pay taxes.
I recall an interview with Bill Still where he said that we needn't pay taxes - money would just be created by the government for roads, infrastructure etc as required. Seems almost as dangerous as our current system to me but he didn't go into much detail, might have to look into it some more. There are quite a few countries with no income tax though and I can imagine that governments could easily not only be self sustaining but generate surplus without tax.
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HappyBitCoinUser
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April 08, 2013, 07:55:01 AM |
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Just hit $180 and still rising.... $100 was nothing.
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Rampion
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April 08, 2013, 10:09:10 AM |
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Once we past 200$, likely today it is even more interesting.
I guess what will happen when we reach $1000 I can foresee some pumping&dumping coming, let's be prepared to take some cheap coins from weak hands!
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SgtSpike
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April 08, 2013, 03:18:45 PM |
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Once we past 200$, likely today it is even more interesting.
Yes, basically, I will be able to pay my mortgage fully with my initial investment in bitcoin $8k That's how interesting things will get once we past $200 And this is why the rich will get richer, and the poor get poorer. Because all of us poor folk are doing responsible things like paying off loans, losing our investment in BTC while selling it to those with millions.
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Rampion
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April 08, 2013, 04:36:54 PM |
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Hey deathcode, how will be things getting once we past $1,000?
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SgtSpike
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April 08, 2013, 04:50:35 PM |
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Once we past 200$, likely today it is even more interesting.
Yes, basically, I will be able to pay my mortgage fully with my initial investment in bitcoin $8k That's how interesting things will get once we past $200 And this is why the rich will get richer, and the poor get poorer. Because all of us poor folk are doing responsible things like paying off loans, losing our investment in BTC while selling it to those with millions. hahaha yeah... but wait a minute. the fact that I will be ableto pay off my mortgage doesn't mean that I will actually do it. Why would I sell my BTC investment with insane returns to pay off a 4.5% APR loan? I'll keep my BTC for now... but eventually I will reduce my BTC investment in half. Cool.
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Rampion
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April 08, 2013, 04:53:52 PM |
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Hey deathcode, how will be things getting once we past $1,000?
let me check... mmmm have you seen boiler room? the speech from Ben Affleck? Well, I'll resume it for you: "I'm a fucking millionaire" reality check: I don't think it will happen this year. Do you realize how many fucking millionaires there would be in this forum if (or I should say when?) we hit $1,000? reality check: It may happen this year, but I hope things calm down a bit.
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Rampion
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December 17, 2013, 10:21:31 AM |
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Considering how excited was the OP during the run up to $266 and how calm and cautious he became after the April crash and the subsequent run up to $1000, id bet he sold most of his coins during the bear market and before the run up to $1000.
Ouch.
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