dsp (OP)
Newbie
 Offline
Activity: 52
Merit: 0
|
 |
July 19, 2011, 09:28:20 AM |
|
How exactly will Grand Parents bitch about the hardships of their youth with a deflationary currency. "The more I spend the cheaper things get"
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TalkImg was created especially for hosting images on bitcointalk.org: try it next time you want to post an image
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
julz
Legendary
Offline
Activity: 1092
Merit: 1001
|
|
July 19, 2011, 09:39:04 AM |
|
How exactly will Grand Parents bitch about the hardships of their youth with a deflationary currency. "The more I spend the cheaper things get"
Well you don't need to be that old to remember when RAM was something like $50 per MB! You kids... |
@electricwings BM-GtyD5exuDJ2kvEbr41XchkC8x9hPxdFd
|
|
|
dan_a
Newbie
Offline
Activity: 48
Merit: 0
|
|
July 19, 2011, 09:41:30 AM |
|
How exactly will Grand Parents bitch about the hardships of their youth with a deflationary currency. "The more I spend the cheaper things get"
Well you don't need to be that old to remember when RAM was something like $50 per MB! You kids... I was just going to say about how the first PC I owned cost £500 - it had a 100MHz processor, 4MB RAM and a 300MB hard drive... |
|
|
|
|
|
Jaime Frontero
|
|
July 19, 2011, 10:06:52 AM |
|
How exactly will Grand Parents bitch about the hardships of their youth with a deflationary currency. "The more I spend the cheaper things get"
Well you don't need to be that old to remember when RAM was something like $50 per MB! You kids... I was just going to say about how the first PC I owned cost £500 - it had a 100MHz processor, 4MB RAM and a 300MB hard drive... shoot. my first hard drive nearly cost that: a 40 MB seagate at $10/MB... |
|
|
|
|
|
Alex Beckenham
|
|
July 19, 2011, 10:09:09 AM |
|
I was just going to say about how the first PC I owned cost £500 - it had a 100MHz processor, 4MB RAM and a 300MB hard drive...
No space for the current block chain. |
|
|
|
|
skull88
|
|
July 19, 2011, 11:52:57 AM |
|
Not only pc's, my first cell phone could send sms and I could call someone, had storage space for 10 sms's and 20 numbers and costed as much as the Android phone I have now, which has a 1GHZ dual core processor, 512MB dual channel memory, 8GB internal memory and expandable with a microsd, 3D camera which shoots 720p 3d movies or 1080p 2d movies, I can plug it on my tv with a hdmi cable, have a shitload of apps I can download, check my mails, 3d screen,etc ...ow and I can still call and text someone. Price is still the same so I get a lot more for the same price, even if I would take deflation in the equation, I still get more phone for the same money these days.  Same with cars, tv's, printers,... Lot's of things get cheaper or at least you get more for the same amount, so with or without bitcoin, we probably won't reminiscing how cheap everything was when we are old, at least not with electronics or things that are packed with electronics. |
BTC: 1MifMqtqqwMMAbb6zr8u6qEzWqq3CQeGUr
LTC: LhvMYEngkKS2B8FAcbnzHb2dvW8n9eHkdp
|
|
|
|
Peter Lambert
|
|
July 19, 2011, 04:04:53 PM |
|
When I first heard about bitcoins, it cost a WHOLE bitcoin for a candybar  |
Use CoinBR to trade bitcoin stocks: CoinBR.comThe best place for betting with bitcoin: BitBet.us |
|
|
Aristotle
Newbie
Offline
Activity: 56
Merit: 0
|
|
July 19, 2011, 05:15:27 PM |
|
They would bitch about how much wages decreased, and how little currency they could get from selling products or services. Old people will always find something to bitch about |
|
|
|
|
|
Jaime Frontero
|
|
July 19, 2011, 05:25:18 PM |
|
When I first heard about bitcoins, it cost a WHOLE bitcoin for a candybar ^^FTW! |
|
|
|
|
dserrano5
Legendary
Offline
Activity: 1974
Merit: 1029
|
|
July 19, 2011, 05:47:49 PM |
|
My first floppy disk drive cost my parents around 80000 spanish pesetas, which is 480€, US$680 at current rate.
|
|
|
|
|
|
Jaime Frontero
|
|
July 19, 2011, 05:51:04 PM |
|
My first floppy disk drive cost my parents around 80000 spanish pesetas, which is 480€, US$680 at current rate.
is it fair to count the impuesto? |
|
|
|
|
dserrano5
Legendary
Offline
Activity: 1974
Merit: 1029
|
|
July 19, 2011, 05:56:35 PM |
|
My first floppy disk drive cost my parents around 80000 spanish pesetas, which is 480€, US$680 at current rate.
is it fair to count the impuesto? No one discounted impuestos/taxes in this thread. Why should I? |
|
|
|
|
|
Jaime Frontero
|
|
July 19, 2011, 06:04:35 PM |
|
My first floppy disk drive cost my parents around 80000 spanish pesetas, which is 480€, US$680 at current rate.
is it fair to count the impuesto? No one discounted impuestos/taxes in this thread. Why should I? i suppose. that 100% protectionist hit always struck me as being entirely outside the box though. not that i didn't love spain beyond my ability to express - a wonderful place... |
|
|
|
|
Rassah
Legendary
Offline
Activity: 1680
Merit: 1035
|
|
July 19, 2011, 07:21:10 PM |
|
Back in MY day, we didn't have all those fancy 0's in front of prices like you do today. We didn't have nothin' like mili, or micro. We just called it Bitcoin, and weeeeee liked it!
|
|
|
|
|
|
Peter Lambert
|
|
November 06, 2013, 08:57:25 PM |
|
When I first heard about bitcoins, it cost a WHOLE bitcoin for a candybar I don't suppose anybody wants to buy a candybar from me for a bitcoin now? Someday we are going to tell our grandkids we lost a bitcoin from being careless, and it will blow their minds. |
Use CoinBR to trade bitcoin stocks: CoinBR.comThe best place for betting with bitcoin: BitBet.us |
|
|
dserrano5
Legendary
Offline
Activity: 1974
Merit: 1029
|
|
November 06, 2013, 09:27:50 PM |
|
—Dear grandson, look closely at this pair of socks.
—What's up with them, grandpa?
—They cost me one point four bitcoins.
—YOU'VE GOT TO BE KIDDING ME!! THAT'S MY YEARLY SALARY!!
—Don't believe me? This was black friday 2012. Look, the invoice.
—Sure! You just made it up! Can't you see it's not signed? And what's this "bitpay" thing?
|
|
|
|
|
Johnny Bitcoinseed
Full Member
Offline
Activity: 154
Merit: 100
Johnny Bitcoinseed
|
|
November 07, 2013, 08:59:45 AM
Last edit: November 07, 2013, 09:13:05 AM by Johnny Bitcoinseed |
|
Look closely at this pair of socks, son. Yep, time was you could buy stuff like this....
I didn't buy much of anything with my bitcoins, because every day I woke up and looked at the charts my bitcoins were worth more than the day before! It was great! For the economy as a whole lower demand lead to lower production lead to lower wages lead to widespread depression. Wage earners that wouldn't accept wage reductions (in nominal terms) were laid off by the millions. Employers didn't have a choice because, of course, they could not pay the equivalent of ten thousand dollars an hour. But I had my bitcoins! Still do too. Someday I will spend some bitcoins if I can find something to buy with them.
|
|
|
|
|
philip2000uk
|
|
November 07, 2013, 01:35:39 PM |
|
"oh I remember when this bread was 0.01 BTC, now it's costing me 0.000000001"
|
Leather girls identity film2 on youtube and website link i accept bitcoin
|
|
|
LiteCoinGuy
Legendary
Offline
Activity: 1148
Merit: 1010
In Satoshi I Trust
|
|
November 07, 2013, 05:30:49 PM |
|
I was just going to say about how the first PC I owned cost £500 - it had a 100MHz processor, 4MB RAM and a 300MB hard drive...
No space for the current block chain. right, but maybe you can mine with it  |
|
|
|
|
