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Author Topic: It's Over  (Read 4142 times)
Gustavofring
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September 07, 2011, 03:42:36 AM
 #41

Honestly, as long as things like Silk Road exist there will always be a market for a completely anonymous currency if only as a means of transfer of funds.
All this would require is a service where you can borrow Bitcoins, right? Does a service like this not exist right now?
I guess the problem is that it's hard to enforce over the internet, when you lend Bitcoins to someone. What if they don't pay you back?

Bitcoin's anonymity will eventually collide with the trustworthiness needed to make something like what you've proposed work.

This can't be our dog. Our dog is a talking dog
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FreeMonies
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September 07, 2011, 03:44:06 AM
 #42

there's no way bitcoin is over! It's the currency of the future. Sure some kinks need to be ironed out, but i'm sure thats once they are bc will be stronger for it.

everyday people are joining the bc phenomenon, new businesses are accepting bc, and soon bc is sure to be a household name. It's because of this FACT that I'm working on implementing a way to accept bc for my space program. once the haters are gone we'll be able to really get things ramped up. keep your eyes open people, this thing can only go up from here!
Cosbycoin
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September 12, 2011, 10:07:32 PM
 #43

There are new alt-chains you can make money off of. But if you're out, you're out.
Stalin-chan
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September 12, 2011, 10:24:04 PM
 #44

Summary of topic, people aren't using bitcoin as a currency just as a scheme to make (insert your current federal denomination here).
vanDeGraph
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September 12, 2011, 10:34:13 PM
 #45

The only thing thats over is the early spec bubble. Once Bitcoins become more useful for your average (stupid) user to make purchases they'll regain traction. Hard to say when they'll bottom out though.

I got 99 problems but a bit ain't one
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zer0
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September 12, 2011, 11:26:56 PM
 #46

I just need bitcoin to be stable for a few hours while I accept payments. Customer sends me payment, I cash out instantly and usually don't lose any money, sometimes gain a little which covers BTC to LR or cash costs. So hasn't 'failed' for me, although better stability would be good for escrow.

Could care less about speculating rackets or HYIPs

BitcoinSEC
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September 13, 2011, 12:09:37 AM
 #47

Its not over
Dargo
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September 13, 2011, 01:16:12 AM
 #48

It's funny that there is such a loud cry of cynicism on this forum...bitcoins are doomed, turn off your rigs, never make any money, no hope for a vibrant economy...and yet the network hashrate has hardly budged (so far at least). 12.5 Th/s says this ain't done yet.
worldinacoin
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September 13, 2011, 02:42:46 AM
 #49

I mine for the fun of it, so it is not too bad for me.  But I feel that currency trading can be avoided, but we should all encourage the use of bitcoin whenever we can?
zjbcoins
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September 13, 2011, 03:47:53 AM
 #50

Seems to be working just fine for me...
BitcoinTourist
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November 06, 2011, 06:19:10 PM
 #51

Still going Smiley
cbeast
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November 06, 2011, 11:21:02 PM
 #52

The second wind is coming. Wait for it.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
kdomanski
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November 07, 2011, 12:17:06 AM
 #53

What BitCoin needs now is rapid growth of the number of services and goods one can buy with BTC. Without that, it's impossible for BTC to fulfill it's purpose.
BitBlitz
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November 07, 2011, 12:56:16 AM
 #54

What BitCoin needs now is rapid growth of the number of services and goods one can buy with BTC. Without that, it's impossible for BTC to fulfill it's purpose.
Exactly!

I see the value of Bitcoin, so I don't worry about the price...
payb.tc
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November 07, 2011, 01:18:33 AM
 #55

What BitCoin needs now is rapid growth of the number of services and goods one can buy with BTC. Without that, it's impossible for BTC to fulfill it's purpose.

while that would be good, i also think simply having another speculative bubble would show people it's not over yet.
traderjose
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November 07, 2011, 06:36:09 PM
 #56

^ agreed
kdomanski
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November 07, 2011, 06:55:59 PM
 #57

What BitCoin needs now is rapid growth of the number of services and goods one can buy with BTC. Without that, it's impossible for BTC to fulfill it's purpose.

while that would be good, i also think simply having another speculative bubble would show people it's not over yet.


What's not over? Speculation? BitCoin is good when it costs $30, and it's good when it costs $0.5. The only ones that care about value are those, who care about $$$, not BTC. The only problem with the current price is it's huge instability, and the only way to solve that is to expand BitCoin economy.
PatrickHarnett
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November 07, 2011, 07:34:30 PM
 #58

What BitCoin needs now is rapid growth of the number of services and goods one can buy with BTC. Without that, it's impossible for BTC to fulfill it's purpose.

while that would be good, i also think simply having another speculative bubble would show people it's not over yet.


What's not over? Speculation? BitCoin is good when it costs $30, and it's good when it costs $0.5. The only ones that care about value are those, who care about $$$, not BTC. The only problem with the current price is it's huge instability, and the only way to solve that is to expand BitCoin economy.

One of the best things about BTC is it's huge instability.
Anillos
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November 07, 2011, 08:10:55 PM
 #59

If you don't like it, don't use it unplug & sell your mining rig. Tongue

Aquí puedes conseguir pequeños ahorros sin mucho esfuerzo: http://www.bitvisitor.com/?ref=1PWNAGEZ3fSM8QevUavdd2iZ9F5jkp1QHZ
Consigue algo más viendo vídeos o haciendo pequeñas tareas en Bitcoinget.com: https://bitcointalk.org/index.php?topic=178692.msg2509190#msg2509190
¿necesitas un dibujo vectorial, un esquema, un diagrama...? https://bitcointalk.org/index.php?topic=183268.0
The Kid
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November 08, 2011, 06:11:36 AM
 #60

not really because the btc economy will have 'ups and downs' like a normal economy but will rebound faster because its smaller, anyways if people just start selling that will drive the price down and then people will start to buy because they will be so cheap ... I think

SilkRoad will do for Bitcoin what porn did for VHS (and the Internet). But on a much smaller scale.
-Elwar
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