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Question: Is Bitcoin better as a Store of Value or as a Method of Exchange?
Store of Value - 9 (20.9%)
Method of Exchange - 18 (41.9%)
Neither - 10 (23.3%)
I Like Turtles - 6 (14%)
Total Voters: 43

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Author Topic: Store of Value VS. Method of Exchange  (Read 2335 times)
cbeast
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Let's talk governance, lipstick, and pigs.


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November 21, 2011, 12:07:37 AM
 #41

Parity for Bears is $1 = 1 BTC
Parity for Bulls is  $1 = 1 Satoshi
 Grin

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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zhoutong
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November 21, 2011, 01:12:31 AM
 #42

Parity for Bears is $1 = 1 BTC
Parity for Bulls is  $1 = 1 Satoshi
 Grin

It's good to have both bears and bulls. If the market has only bulls, we'd call it bubble.

Founder of NameTerrific (https://www.nameterrific.com/). Co-founder of CoinJar (https://coinjar.io/)

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