Store of Value VS. Method of Exchange

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Bitcoin Forum > Economy > Economics > Speculation > Store of Value VS. Method of Exchange

Poll

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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Topic: Store of Value VS. Method of Exchange (Read 2655 times)

cbeast

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Let's talk governance, lipstick, and pigs.

Re: Store of Value VS. Method of Exchange

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.

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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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Re: Store of Value VS. Method of Exchange

November 21, 2011, 01:12:31 AM

#42

Quote from: cbeast on November 21, 2011, 12:07:37 AM

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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Bitcoin Forum > Economy > Economics > Speculation > Store of Value VS. Method of Exchange

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