Lauda
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Activity: 2674
Merit: 2965
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November 10, 2013, 10:57:47 PM |
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Do you understand what you're saying? PPC has only been out for a year and it has a lower inflation rate than BTC. Even if you were born today you will not see 100 million PPC before you died. Also it technically does have a cap which is 2 billion, but again most people on this board won't even see 50 million in their lifetime.
NVC is a better example of less inflation  |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Yurizhai
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November 10, 2013, 11:06:39 PM |
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Do you understand what you're saying? PPC has only been out for a year and it has a lower inflation rate than BTC. Even if you were born today you will not see 100 million PPC before you died. Also it technically does have a cap which is 2 billion, but again most people on this board won't even see 50 million in their lifetime.
NVC is a better example of less inflation Yeah so is BitBar. |
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freethink2013
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November 10, 2013, 11:08:05 PM |
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anyone putting decent amounts of money into anything but bitcoin and maybe ltc is a fool.
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Lauda
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Activity: 2674
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November 10, 2013, 11:11:14 PM |
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Yeah so is BitBar.
Wrong, dying coin bar. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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Yurizhai
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November 10, 2013, 11:13:33 PM |
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anyone putting decent amounts of money into anything but bitcoin and maybe ltc is a fool.
Unless you can see the future you're already wrong. My investment in PPC has already quadrupled and it's market cap is at all time high. Did you see how many coins grew in value with this week when BTC exploded? If anything interest in BTC increases interest and value in currencies in general. Yeah so is BitBar.
Wrong, dying coin bar. Dying? It's been dead forever.. |
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Lauda
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Activity: 2674
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November 10, 2013, 11:23:39 PM |
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Wrong, dying coin bar.
Dying? It's been dead forever.. That's another way of putting it. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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tacotime
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Activity: 1484
Merit: 1005
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November 11, 2013, 12:22:17 AM |
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My portfolio is 2 BTC : 5 LTC : 1 PPC.
LTC has by far a better history of price stability than BTC and PPC in my opinion, I considered the latter two more risky but worth a little investment into.
LTC is a no no for me. Otherwise that's a good way of handling your portfolio. LTC has so much more volume than PPC that I would say it's really unwise not to invest in it. The value of LTC is that it was the first real alt currency, and now that it's traded in a multitude of exchanges it has immense value from speculative trading against Bitcoin alone. |
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns |
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Yurizhai
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November 11, 2013, 02:12:57 AM |
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My portfolio is 2 BTC : 5 LTC : 1 PPC.
LTC has by far a better history of price stability than BTC and PPC in my opinion, I considered the latter two more risky but worth a little investment into.
LTC is a no no for me. Otherwise that's a good way of handling your portfolio. LTC has so much more volume than PPC that I would say it's really unwise not to invest in it. The value of LTC is that it was the first real alt currency, and now that it's traded in a multitude of exchanges it has immense value from speculative trading against Bitcoin alone. Lover or hater, can't deny LTC has a lot of support. It's also been out twice as long as PPC though. |
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Gumbork
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November 11, 2013, 02:20:17 AM |
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No, Feathercoin is better then PPC.....
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Yurizhai
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November 11, 2013, 02:35:12 AM |
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No, Feathercoin is better then PPC.....
Good one. |
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Brewins
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November 11, 2013, 02:59:37 AM |
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i like the idea of PPC i just think its not going to be able to overtake BTC in long term value
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Lauda
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November 11, 2013, 02:07:26 PM |
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No, Feathercoin is better then PPC.....
This is wrong on every level. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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jubalix (OP)
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Activity: 2618
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November 12, 2013, 09:59:14 AM |
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People get car loans/leases every day. It's a baby business transaction.
Imagine taking out $10,000 BTC car loan in October...
Now you owe $20,000 in BTC, baby... and your car is now worth < $10,000.
That's why Bitcoin is a total non-starter as a currency...
But it's gonna do great as a commodity.
Unless an Alt can manage volatility...
By linking it's value to something like gold or a commodity basket...
Or have a professional futures exchange to hedge volatility...
Crypto coins cannot be used in even SIMPLE real world business transactions.
at cap out point though it should be stable or steady state, eg it will reach a natural market percentage and that it, at that point it may be very hard to influence the price that much because there wont be enough entities left with free cash/resources that are prepared to do this. |
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