spooderman
Legendary
 Offline
Activity: 1638
Merit: 1022
|
 |
June 12, 2015, 08:49:42 AM |
|
russia being forced to unban bitcoin?
price doesn't budge an inch
|
|
|
|
|
|
|
|
|
|
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
|
|
June 12, 2015, 08:50:16 AM |
|
BITCOIN!!!! WAKE UP!!!  |
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
 |
June 12, 2015, 08:57:52 AM |
|
|
|
|
|
|
Elwar
Legendary
Offline
Activity: 3598
Merit: 2384
Viva Ut Vivas
|
|
June 12, 2015, 09:17:04 AM |
|
EUR/USD is $1.11
Yesterday it was $1.12
more interesting volatility?
|
|
|
|
|
spooderman
Legendary
Offline
Activity: 1638
Merit: 1022
|
|
June 12, 2015, 09:25:30 AM |
|
|
|
|
|
|
Elwar
Legendary
Offline
Activity: 3598
Merit: 2384
Viva Ut Vivas
|
|
June 12, 2015, 09:26:50 AM |
|
|
|
|
|
|
|
Norway
|
|
June 12, 2015, 09:28:15 AM |
|
A little entertainment in these boring times: Erik Vorhees is redirecting New York and North Korean customers who try to use ShapeShift to this page: http://pleaseprotectconsumers.org/ |
|
|
|
|
macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
|
|
June 12, 2015, 09:45:45 AM |
|
EUR/USD is $1.11
Yesterday it was $1.12
more interesting volatility?
Greece... Question is when they will discover BTC  Edit: I see Merkel said week € is better for reforms and FX market reacted. We already have. The real question here is "will they let us use it?" I don't think it will be so easy... Besides everybody knows that IMF is the one who doesn't want the deal. When everything is settled, they invent something new to lead the negotiations to a new dead end. IMF is there for a reason...  |
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
June 12, 2015, 09:57:07 AM |
|
|
|
|
|
|
conspirosphere.tk
Legendary
Offline
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
|
|
June 12, 2015, 09:58:11 AM |
|
The real question here is "will they let us use it?"
if you think you have to ask permission you are enslaved beyond belief. either you fuck the power or it will fuck you. |
|
|
|
|
macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
|
|
June 12, 2015, 10:16:06 AM |
|
The real question here is "will they let us use it?"
if you think you have to ask permission you are enslaved beyond belief. either you fuck the power or it will fuck you. True story. I too believe (and expressed my opinion publicly here) that BTC would've been the perfect solution for Greece's problem. If you incorporate a non-inflationary currency as a "second" together with the inflationary one, its destiny will be to gain ascendancy through superiority over the "first" one (Gresham's law). The thing is, you simply can't "decide" for yourself if you're part of the EU prison. We know that, they know that; and everybody keep silence before the people know too. Bitcoin is the ultimate "game over" for ANY other currency if a country decides to incorporate it. I don't expect that "little Greece" will have the strength for such a decision. |
|
|
|
|
|
|
conspirosphere.tk
Legendary
Offline
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
|
|
June 12, 2015, 10:31:11 AM |
|
The real question here is "will they let us use it?"
if you think you have to ask permission you are enslaved beyond belief. either you fuck the power or it will fuck you. True story. I too believe (and expressed my opinion publicly here) that BTC would've been the perfect solution for Greece's problem. If you incorporate a non-inflationary currency as a "second" together with the inflationary one, its destiny will be to gain ascendancy through superiority over the "first" one (Gresham's law). The thing is, you simply can't "decide" for yourself if you're part of the EU prison. We know that, they know that; and everybody keep silence before the people know too. Bitcoin is the ultimate "game over" for ANY other currency if a country decides to incorporate it. I don't expect that "little Greece" will have the strength for such a decision. Let 'greece' sort out its problems by itself. Crypto is about personal freedom, private property and free trade, not centralized fictions/schemes/scams. |
|
|
|
|
macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
|
|
June 12, 2015, 10:34:36 AM |
|
The real question here is "will they let us use it?"
if you think you have to ask permission you are enslaved beyond belief. either you fuck the power or it will fuck you. True story. I too believe (and expressed my opinion publicly here) that BTC would've been the perfect solution for Greece's problem. If you incorporate a non-inflationary currency as a "second" together with the inflationary one, its destiny will be to gain ascendancy through superiority over the "first" one (Gresham's law). The thing is, you simply can't "decide" for yourself if you're part of the EU prison. We know that, they know that; and everybody keep silence before the people know too. Bitcoin is the ultimate "game over" for ANY other currency if a country decides to incorporate it. I don't expect that "little Greece" will have the strength for such a decision. Let 'greece' sort out its problems by itself. Crypto is about personal freedom, private property and free trade, not centralized fictions/schemes/scams. AFAICS, Greece (and any country) is a part of TPTB plan and plays a major role within the USD/EUR & Bond prices. If it were not for Greece, another one should have taken its role. I personally made my choice since some time in 2011... |
|
|
|
|
rebuilder
Legendary
Offline
Activity: 1615
Merit: 1000
|
|
June 12, 2015, 10:45:07 AM |
|
How much BTC would a Greece-sized country need to obtain to use it as an official currency? I expect quite a bit, and at rather high prices given the upward pressure such a decision would put on the price. It's one thing for a small country to adopt a much larger country's currency, and quite another for them to adopt a currency with a total market cap far smaller than their GDP.
Even assuming a country adopted cryptocurrency, picking an existing one instead of rolling their own would be hugely expensive.
|
|
|
|
|
|
Bicmac1973
|
|
June 12, 2015, 10:49:23 AM |
|
Adopting BTC as national currency would be suicide for Greece. Their problem is not that the Euro inflation is too high, but it is too low. Bitcoin is deflationary in the long term, so their debts would explode, when BTC price rises.
|
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
June 12, 2015, 10:57:09 AM |
|
|
|
|
|
|
macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
|
|
June 12, 2015, 10:58:13 AM |
|
Adopting BTC as national currency would be suicide for Greece. Their problem is not that the Euro inflation is too high, but it is too low. Bitcoin is deflationary in the long term, so their debts would explode, when BTC price rises.
That would be contrary to the aforementioned Gresham's Law. I'd indulge you to read it here: https://en.wikipedia.org/wiki/Gresham%27s_lawThe undervalued currency would (in this case) be the EUR. That means the debt in EUR will be lowered as the BTC would go up and finally eliminated when BTC reaches a high rate. Such an experiment is -of course- non applicable on a country under a sovereign coalition, so we can only assume here (both me and you) what we *think* it will happen. You could also be right and me just typing nonsense here. |
|
|
|
|
empowering
Legendary
Offline
Activity: 1078
Merit: 1441
|
|
June 12, 2015, 11:12:22 AM |
|
My mum is more likely to adopt a monkey than Greece are to adopt BTC.
Increased usage I can imagine.... government official adoption so to speak.... is surely not even on the cards, no one really thinks it is ...right?
|
|
|
|
|
Jacques_Bittard
Member
Offline
Activity: 154
Merit: 10
.
|
|
June 12, 2015, 11:24:13 AM |
|
My mum is more likely to adopt a monkey than Greece are to adopt BTC.
Increased usage I can imagine.... government official adoption so to speak.... is surely not even on the cards, no one really thinks it is ...right?
Actually, its very high chance for Greece to adopt bitcoin. The government of Greece may be crooked, but they are not stupid! They can see how quickly and easily people became rich with bitcoin. They will surely want to become rich also, don't they? Mark my words: Greece will adopt bitcoin in the coming years and will be the new kind of superpower, that gets it's power by it's immense riches. |
|
|
|
|
|
Poll
