OldGeek
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Blitz:The price affects the perception of the news
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December 15, 2013, 07:51:12 AM |
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What makes you think that holding is not speculating?
Certainly is speculation. The buy and hold crowd seem to missed half of the equation. I see it something like this: Buy + Hold until {event} then {action} = {result}
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tutkarz
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December 15, 2013, 07:55:18 AM |
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What makes you think that holding is not speculating?
Certainly is speculation. The buy and hold crowd seem to missed half of the equation. I see it something like this: Buy + Hold until {event} then {action} = {result} better all people buy and sell constantly so we have swings from $1 to $1000 daily. Merchants surely will love that.
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OldGeek
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Blitz:The price affects the perception of the news
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December 15, 2013, 07:55:44 AM |
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I like it.
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TERA
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December 15, 2013, 07:56:50 AM |
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This just isn't the same without all the gox volume, clarkmoody, and all the red flashy flickering numbers.
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OldGeek
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Blitz:The price affects the perception of the news
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December 15, 2013, 07:59:15 AM |
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... Merchants surely will love that.
If everyone buys and holds then merchants don't get any coins at all. Someone has to buy and sell or there is no currency. If you look at the current state of xbt you will likely conclude that it behaves more as a commodity than a currency. My opinion, your mileage may vary.
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windjc
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December 15, 2013, 08:01:11 AM |
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This just isn't the same without all the gox volume, clarkmoody, and all the red flashy flickering numbers.
Hey. You glad its finally gone down a little bit? Must be a little relief for you?
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adamstgBit
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December 15, 2013, 08:01:55 AM |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 15, 2013, 08:02:06 AM |
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tutkarz
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December 15, 2013, 08:05:14 AM |
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... Merchants surely will love that.
If everyone buys and holds then merchants don't get any coins at all. Someone has to buy and sell or there is no currency. If you look at the current state of xbt you will likely conclude that it behaves more as a commodity than a currency. My opinion, your mileage may vary. Guess you don't understand why bitcoin have to have high price (and stable) so it's economy can function, do you?
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adamstgBit
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December 15, 2013, 08:06:08 AM |
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adamstgBit
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December 15, 2013, 08:09:21 AM |
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... Merchants surely will love that.
If everyone buys and holds then merchants don't get any coins at all. Someone has to buy and sell or there is no currency. If you look at the current state of xbt you will likely conclude that it behaves more as a commodity than a currency. My opinion, your mileage may vary. Guess you don't understand why bitcoin have to have high price (and stable) so it's economy can function, do you? its so easy to sell bitcoin for dollars in an instant, and with services like bitpay... the argument that bitcoin can't function as money because its moves up and down is simply not true. money is power and with only 10BTC i have the power to make you jump up and down for hours DAYS on end.
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600watt
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December 15, 2013, 08:14:45 AM |
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choo choo
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mb300sd
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Drunk Posts
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December 15, 2013, 08:14:55 AM |
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For only 0.1 BTC, I can make you jump up and down for hours on end. *buys shots and plays dance music*
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OldGeek
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Blitz:The price affects the perception of the news
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December 15, 2013, 08:17:37 AM |
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Guess you don't understand why bitcoin have to have high price (and stable) so it's economy can function, do you?
It is apparent that our views are different. My belief on the economy of bitcoin relates to the value of the underlying protocol, not the miners reward that we are trading here. I won't change your mind, you won't change mine, so let's agree to hold this type of argument somewhere else besides in the speculation thread. OK?
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adamstgBit
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December 15, 2013, 08:23:28 AM |
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Guess you don't understand why bitcoin have to have high price (and stable) so it's economy can function, do you?
It is apparent that our views are different. My belief on the economy of bitcoin relates to the value of the underlying protocol, not the miners reward that we are trading here. I won't change your mind, you won't change mine, so let's agree to hold this type of argument somewhere else besides in the speculation thread. OK? sounds like an interesting discution maybe start a thread and write a thesis statement for your argument. lol price is derived from so many things its not even funny but value , the true value is in fact the awesomeness of the underlying protocol i couldn't sleep. now i try again....
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OldGeek
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Blitz:The price affects the perception of the news
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December 15, 2013, 08:27:26 AM |
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Perhaps I will try to codify my beliefs someday. For now:
Wake up Fool! There are sheep to shear!
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adamstgBit
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December 15, 2013, 08:29:08 AM |
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who ever voted 1 line of code for 1BTC
wow you lazy fuck!
sleeping is hard sometimes.... trying again...
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fr33d0miz3r
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December 15, 2013, 08:31:34 AM |
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who ever voted 1 line of code for 1BTC wow you lazy fuck!
It's me That's my work for 1 BTC:
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OldGeek
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Blitz:The price affects the perception of the news
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December 15, 2013, 08:35:13 AM |
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lol
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