dedcoin (OP)
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Activity: 87
Merit: 10
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August 29, 2014, 08:31:18 PM |
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Hodling =>
Low volume, slow merchant adoption, looks like a ponzi scheme from the outside. How do we want any type of credibility from the joes'?!
Be honnest, you are buying bitcoins to get rich. Who ever spent a satochi to book his next travel on expedia?!
I did ..
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First bitcoin bought at $70
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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kerafym
Full Member
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Activity: 224
Merit: 100
THE GAME OF CHANCE. CHANGED.
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August 29, 2014, 11:13:34 PM |
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Price at 500+ isn't stagnant.
If measure by yearly standard, it went up more than 500% this year.
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leopard2
Legendary
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Activity: 1372
Merit: 1014
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August 29, 2014, 11:51:13 PM |
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I would love to spend BTC on Ebay, Amazon and many other smaller merchants but they don't accept it Whenever I shop online I add "take bitcoin" into the comment field. Even here in Europe where wires are easy and free, it is much more mousework to do a SEPA transfer than a BTC payment! Just imagine where prices would be if every site that accepts Painpal now, accepted Bitcoin as well !!  |
Truth is the new hatespeech.
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falllling
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Activity: 112
Merit: 10
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August 30, 2014, 04:04:29 AM |
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Hodling =>
Low volume, slow merchant adoption, looks like a ponzi scheme from the outside. How do we want any type of credibility from the joes'?!
Be honnest, you are buying bitcoins to get rich. Who ever spent a satochi to book his next travel on expedia?!
I did ..
get rich quick dream won't work, people is getting out of bitcoin and bitcoin is going down, don't be the last bags holder |
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Mellnik
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August 30, 2014, 08:20:38 AM |
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Looks like you have no idea what a "ponzie scheme" is.
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aboo
Full Member
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Activity: 188
Merit: 100
First decentralized MLM system based on Blockchain
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August 30, 2014, 09:34:29 AM |
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ponzi not ponzie haha..
Anyways the price is not at all stagnant if you compare with any other investment.... if your hand is weak sell.
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dedcoin (OP)
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Activity: 87
Merit: 10
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August 30, 2014, 10:54:53 AM |
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It is stagnant, if you take the absolute value as compared to the trend, we are in the 100s for a long time now.
Main point is: If you want bitcoin to thrive .. USE A % OF YOUR HOLDINGS REGULARLY !!!!!!!
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First bitcoin bought at $70
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dedcoin (OP)
Member
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Activity: 87
Merit: 10
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August 30, 2014, 11:04:14 AM |
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Looks like you have no idea what a "ponzie scheme" is.
Enlighten us mr ponzi e. I don't think it is personally, but the major part of my friends not buying into bitcoin think it is. Also, ask at all the bag holders. |
First bitcoin bought at $70
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bitcon
Legendary
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Activity: 2212
Merit: 1008
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August 30, 2014, 11:16:53 AM |
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stability is what btc needs to gain credibility as a legit currency
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dedcoin (OP)
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Activity: 87
Merit: 10
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August 30, 2014, 11:27:26 AM |
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stability is what btc needs to gain credibility as a legit currency
I only partially agree. BTC needs to be used daily by everyone who is lingering here. |
First bitcoin bought at $70
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alexeft
Legendary
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Activity: 854
Merit: 1000
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August 30, 2014, 12:31:51 PM |
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Hodling =>
Low volume, slow merchant adoption, looks like a ponzi scheme from the outside. How do we want any type of credibility from the joes'?!
Be honnest, you are buying bitcoins to get rich. Who ever spent a satochi to book his next travel on expedia?!
I did ..
Aren't you aware of the wealth storage role of money? |
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Wilhelm
Legendary
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Activity: 1652
Merit: 1265
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August 30, 2014, 12:33:56 PM |
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Hodling =>
Low volume, slow merchant adoption, looks like a ponzi scheme from the outside. How do we want any type of credibility from the joes'?!
Be honnest, you are buying bitcoins to get rich. Who ever spent a satochi to book his next travel on expedia?!
I did ..
get rich quick dream won't work, people is getting out of bitcoin and bitcoin is going down, don't be the last bags holder Faillling FUD ....  |
Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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dedcoin (OP)
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Activity: 87
Merit: 10
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August 30, 2014, 12:40:31 PM |
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Aren't you aware of the wealth storage role of money?
"The value of bitcoin is completely determined by what a person is willing to pay for it"If people traded rocks, then rock will gain value. period. |
First bitcoin bought at $70
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fa
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August 30, 2014, 12:41:51 PM |
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Stagnating but growing strong considering all those btcs being mined everyday.
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Hyena
Legendary
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Activity: 2114
Merit: 1011
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August 30, 2014, 12:49:46 PM |
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In the beginning of 2014 I once woke up at night with these two words in my mind: consolidation centre
Not being natively an English speaking person I did not know what was the meaning of consolidation, so I wrote these words down and checked it in the morning. The definition did not tell me anything but soon I saw many people in the bitcointalk forums talking about consolidation. I then realized the message of that strange dream. Many of my dreams are not reliable though and that's why I don't talk much about them nor take them too seriously. However, I feel confident believing that we have been experiencing a consolidation ever since the last bubble.
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IMZ
Legendary
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Activity: 1498
Merit: 1000
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August 30, 2014, 01:05:30 PM |
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Cryptos are my retirement hobby. My latest experiment is to see just how much of my finances I can 'run through' cryptos, here in my corner of Western Australia:
One: we have set up an in-house exchange at my home coin, Unobtanium, and we are sizing up an Australian bullion dealer. I will buy bars of silver; have them mailed within Australia (insured and legally); and receive UNO for them. I have set up several friends and neighbours to take Bitcoin and Uno, so I can have small amounts of groceries and a bottle of beer delivered, and pay in crypto. An Australian company has listed UNO and a number of other small coins as payment options for their gift cards, with which I can buy clothes, records, petrol, hardware, groceries, and other stuff. The mark-up on the cards is surprisingly low. We hope to get our local cafe to accept cryptos. The Community Resource Centre in a nearby town accepts Bitcoin -- we set it up. You can have jams and chutneys mailed as 'Intro to Crypto' gifts (though it's expensive with the postage added). I pay for my computer repairs with Uno. We have sold jams and chutneys for cryptos at local markets.
Ya wanna know the secret? Get up, and walk away from the screen. Take cryptos to The 99%
If any Australian wants to chime in, coms visit at the Uno In-House Exchange. You must trade long enough to establish trust, then you will be able to buy bullion for cryptos.
Mark (IndiaMikeZulu), Australia
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ssmc2
Legendary
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Activity: 2002
Merit: 1040
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August 30, 2014, 01:11:59 PM |
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Hodling =>
Low volume, slow merchant adoption, looks like a ponzi scheme from the outside. How do we want any type of credibility from the joes'?!
Be honnest, you are buying bitcoins to get rich. Who ever spent a satochi to book his next travel on expedia?!
I did ..
Aren't you aware of the wealth storage role of money? This^ The "average joe" most likely won't ever use BTC and that's fine. Another crypto will fill the role of daily use. Bitcoin will serve the role of reserve crypto asset, maybe even used by nations to transfer wealth globally. We don't need the "average joe". |
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dedcoin (OP)
Member
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Activity: 87
Merit: 10
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August 30, 2014, 01:25:32 PM |
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The "average joe" most likely won't ever use BTC and that's fine. Another crypto will fill the role of daily use. Bitcoin will serve the role of reserve crypto asset, maybe even used by nations to transfer wealth globally. We don't need the "average joe".
This is unreal. |
First bitcoin bought at $70
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ssmc2
Legendary
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Activity: 2002
Merit: 1040
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August 30, 2014, 01:27:26 PM |
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The "average joe" most likely won't ever use BTC and that's fine. Another crypto will fill the role of daily use. Bitcoin will serve the role of reserve crypto asset, maybe even used by nations to transfer wealth globally. We don't need the "average joe".
This is unreal. Ok chief  |
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PenAndPaper
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August 30, 2014, 01:35:14 PM |
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Bitcoin and ponzi in the same sentence... In 2014...
/thread
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