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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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silverchair
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August 10, 2011, 01:39:57 AM |
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I don't like others to be sad, we all deserve to be happy.
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Hey Guys! WWW.FREEBITCOINS.ORG introduces "Epic December Contest" where you can Win Sweet Casascius Coins !!! |
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FuzzyCoins
Newbie
 Offline
Activity: 29
Merit: 0
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August 10, 2011, 01:46:55 AM |
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If there is a global economic collapse I think that people will value physical commodities over virtual ones. It is unclear if people will use virtual commodities to remotely exchange physical ones in times of crisis. |
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Bikerbum
Newbie
Offline
Activity: 33
Merit: 0
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August 10, 2011, 01:52:43 AM |
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If there is a global economic collapse I think that people will value physical commodities over virtual ones. It is unclear if people will use virtual commodities to remotely exchange physical ones in times of crisis. I agree, if there's a collapse, the dollar or euro value of your virtual coinage will be ZIP. Did everybody forget that someone had to originally purchase these coins with cashola. |
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FlipPro
Legendary
Offline
Activity: 1764
Merit: 1015
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August 10, 2011, 02:28:30 AM |
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I want all currency's to prosper... If the dollar tanks Bitcoin tanks, since 90% of the Bitcoins today are backed by USD...
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TraderTimm
Legendary
Offline
Activity: 2408
Merit: 1121
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August 10, 2011, 02:40:17 AM |
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I wouldn't mind gradual erosion. It only makes the case for bitcoin stronger, the flaws in government policy set in sharp relief. Harder to say bitcoin isn't 'real' when your own currency can't even cut it.
At the same time, I don't want massive economic upheaval to result in social chaos. So, perhaps a gradual 'enlightenment'.
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fortitudinem multis - catenum regit omnia
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silverchair
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August 11, 2011, 01:37:05 AM |
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I want all currency's to prosper... If the dollar tanks Bitcoin tanks, since 90% of the Bitcoins today are backed by USD...
Me too. |
Hey Guys! WWW.FREEBITCOINS.ORG introduces "Epic December Contest" where you can Win Sweet Casascius Coins !!! |
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TiagoTiago
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August 11, 2011, 01:50:36 AM |
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How will you pay for your internet access to reach your coins?
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(I dont always get new reply notifications, pls send a pm when you think it has happened) Wanna gimme some BTC/BCH for any or no reason? 1FmvtS66LFh6ycrXDwKRQTexGJw4UWiqDX  The more you believe in Bitcoin, and the more you show you do to other people, the faster the real value will soar! |
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Bitcoin_Silver_Supply
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August 11, 2011, 02:47:45 AM |
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I want all currency's to prosper... If the dollar tanks Bitcoin tanks, since 90% of the Bitcoins today are backed by USD...
This is the problem. In principle, a crypto currency could do very well during a global economic collapse due to it being decentralized and non-inflationary. However, when it is traded entirely in an inflationary currency and most people are running to hard (physical) assets it is liable to crash hard along with the US dollar. |
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qikaifu
Full Member
Offline
Activity: 168
Merit: 100
God creats math and math creats bitcoin.
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August 12, 2011, 04:44:31 PM |
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If the global economic collapse, even gold will worth nothing, don't mention the bitcoin. only food and clean water worth the food and clean water.
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Elwar
Legendary
Offline
Activity: 3598
Merit: 2384
Viva Ut Vivas
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August 12, 2011, 05:44:52 PM |
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When this happens bitcoins should be worth alot. While others are sad, and out of money we will be the ones with the valuable currency
And I will be laughing in the face of those sad people. HAHAHAHAHAHAHAHA!!!! |
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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Bitman_Begins
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August 12, 2011, 07:21:26 PM |
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Yeah, we'll dance on their graves when we become the rich ones. You see what's coming, bankers?   |
Want to join Tradehill.com? Please use this referral code as you join: TH-R18919 Join the Bitcoin Randomizer using this link and start winning Bitcoins! http://rand.bitcat.ch/?ref=128Tip me! 1NBN21CDpuc6Gyns2oqRjDSvxaanMeYfbY |
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ShadowOfHarbringer
Legendary
Offline
Activity: 1470
Merit: 1005
Bringing Legendary Har® to you since 1952
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August 14, 2011, 01:47:03 AM |
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If the global economic collapse, even gold will worth nothing, don't mention the bitcoin. only food and clean water worth the food and clean water.
This is only true for the first few months/years of the crisis. After that, when monetary economy begins to kick in again, Bitcoin will become one of the most valuable things out there. Of course only if internet will keep existing. Bitcoin doesn't exist without the internet. So if a war / or heavy crisis happens and communication networks get destroyed/disconnected, we need to reboot Internet first before Bitcoin can prevail. |
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