|
RooKIED
|
 |
November 15, 2013, 04:38:32 PM |
|
We demand Rpietila's overview.
|
|
|
|
|
|
|
|
The forum was founded in 2009 by Satoshi and Sirius. It replaced a
SourceForge forum.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
Richy_T
Legendary
 Offline
Activity: 2436
Merit: 2121
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
|
|
November 15, 2013, 04:40:47 PM |
|
Bitcoin is taken seriously and they are already thinking about possible regulation!
Hmm. Interesting possibility. Govt launches UScoin using Bitcoin technology but with a different blockchain and, of course, they provide the dollarcoins. Clearly that would be as subject to inflation as the USD (probably) but would that be enough to take some of the wind out of Bitcoin's sails? (I'm sure that has been discussed elsewhere on this site). |
|
|
|
|
Richy_T
Legendary
Offline
Activity: 2436
Merit: 2121
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
|
|
November 15, 2013, 04:42:07 PM |
|
If we look at something like prohibition, which is probably a more apt comparison than education, government should have learned that outlawing some things is counter productive. FTFY |
|
|
|
|
haightst
Newbie
Offline
Activity: 42
Merit: 0
|
|
November 15, 2013, 04:49:14 PM |
|
|
|
|
|
|
|
CryptStorm
|
|
November 15, 2013, 04:49:36 PM |
|
I remember when BTC was HALF the price... ...less than 2 weeks ago. (Nov. 3rd - $220 Gox)  Can I get a choo choo?  |
|
|
|
|
|
ardana123
|
|
November 15, 2013, 04:51:06 PM |
|
IMO the rally has been running on fumes the last 2 days. We're in for a correction this weekend.
|
|
|
|
|
Richy_T
Legendary
Offline
Activity: 2436
Merit: 2121
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
|
|
November 15, 2013, 04:52:47 PM |
|
It's obvious you misunderstand the full definition of "fiat". Fiat can be a government issued currency but it also is defined as a currency with no intrinsic value. Bitcoin, like USD, only has value because we agree that it does. Thus Bitcoin is simply another form of fiat currency. Bitcoin though, is not debt based. So thats good.
From the actual definition of fiat, the value stems from an authority claiming it to be worth that much. http://www.merriam-webster.com/dictionary/fiatBitcoin resembles regular fiat in that it has no backing (Though I believe a fiat currency /can/ have something backing it) but I think it is misleading to call it a fiat currency since there is no authority which sets its value. I think it would be much better to call it a concordant currency since its value is set by agreement between trading parties. http://www.merriam-webster.com/dictionary/concord |
|
|
|
|
|
TERA
|
|
November 15, 2013, 04:56:44 PM |
|
holy shit here comes the crash:  |
|
|
|
|
strawbs
Legendary
Offline
Activity: 868
Merit: 1340
|
|
November 15, 2013, 04:57:25 PM |
|
It's obvious you misunderstand the full definition of "fiat". Fiat can be a government issued currency but it also is defined as a currency with no intrinsic value. Bitcoin, like USD, only has value because we agree that it does. Thus Bitcoin is simply another form of fiat currency. Bitcoin though, is not debt based. So thats good.
From the actual definition of fiat, the value stems from an authority claiming it to be worth that much. http://www.merriam-webster.com/dictionary/fiatBitcoin resembles regular fiat in that it has no backing (Though I believe a fiat currency /can/ have something backing it) but I think it is misleading to call it a fiat currency since there is no authority which sets its value. I think it would be much better to call it a concordant currency since its value is set by agreement between trading parties. http://www.merriam-webster.com/dictionary/concordYawn, let's end this? It's getting dull |
|
|
|
|
|
mccorvic
|
|
November 15, 2013, 04:59:03 PM |
|
Bitcoin is the only investment/commodity that can rise 25% or more in one week and be met with a "meh" by the people holding it.
|
|
|
|
|
|
CryptStorm
|
|
November 15, 2013, 04:59:18 PM |
|
holy shit here comes the crash: I like to say, I'm learning patience, just slowly. Now, until you see the whites in their eyes, HOLD!!!!! |
|
|
|
|
|
CryptStorm
|
|
November 15, 2013, 05:00:51 PM |
|
Bitcoin is the only investment/commodity that can rise 25% or more in one week and be met with a "meh" by the people holding it.
+1 (except the 'meh' is from over 100% in 2 weeks. OMGZ) |
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
 |
November 15, 2013, 05:02:07 PM |
|
|
|
|
|
|
|
Sword Smith
|
|
November 15, 2013, 05:02:43 PM |
|
Bitcoin is the only investment/commodity that can rise 25% or more in one week and be met with a "meh" by the people holding it.
Dollars is the only investment that can fall 25 % or more in one week and be met with a "meh" by the people holding it. |
|
|
|
|
|
mccorvic
|
|
November 15, 2013, 05:03:53 PM |
|
Bitcoin is the only investment/commodity that can rise 25% or more in one week and be met with a "meh" by the people holding it.
Dollars is the only investment that can fall 25 % or more in one week and be met with a "meh" by the people holding it. icwutudidthere |
|
|
|
|
Richy_T
Legendary
Offline
Activity: 2436
Merit: 2121
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
|
|
November 15, 2013, 05:05:54 PM |
|
Varney & Co 8:20am EST on Fox Business will discuss Bitcoin tomorrow 11/15/13.
Get ready for the bounce!
Available anywhere? |
|
|
|
|
|
ardana123
|
|
November 15, 2013, 05:09:16 PM |
|
holy shit here comes the crash: How is people moving around bitcoins an indication for a crash? |
|
|
|
|
dserrano5
Legendary
Offline
Activity: 1974
Merit: 1029
|
|
November 15, 2013, 05:09:25 PM |
|
i got inside info>>> CHUCK NORRIS IS BUYING IN@450!!!!
So why aren't we at 9000 already? |
|
|
|
|
Richy_T
Legendary
Offline
Activity: 2436
Merit: 2121
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
|
|
November 15, 2013, 05:10:45 PM |
|
Hey guys, just thinking back to a bunch of the posts from May/June...
Which part of capitulation are we in now?
|
|
|
|
|
haightst
Newbie
Offline
Activity: 42
Merit: 0
|
|
November 15, 2013, 05:10:51 PM |
|
i got inside info>>> CHUCK NORRIS IS BUYING IN@450!!!!
So why aren't we at 9000 already? he's holding it down with his pinkie finger ~ loading the boat ! |
|
|
|
|
|
Poll
