Hint: If you have a seemingly obvious and "brilliant" idea, chances are it has already been thought of, debated, developed into an alt coin, and mine-attacked by Luke-jr into oblivion
EDIT: no one is smarter than Satoshi
Topic: Bitcoin 2.0 - page 4. (Read 5377 times)
I like how every time something bad happens, we have newbies come in, thinking they are smarted than Satoshi, or the 4 years of collective experience of a few brilliant developers.
Hint: If you have a seemingly obvious and "brilliant" idea, chances are it has already been thought of, debated, developed into an alt coin, and mine-attacked by Luke-jr into oblivion
EDIT: no one is smarter than Satoshi
Hint: If you have a seemingly obvious and "brilliant" idea, chances are it has already been thought of, debated, developed into an alt coin, and mine-attacked by Luke-jr into oblivion
EDIT: no one is smarter than Satoshi
If you can't determine it's worth how do you start using it as currency?
Like I do every day. Just pay with Bitcoins instead of the local currency.
Perhaps we should unlearn assessing worth in fiat currency :-].
It will level out when we use it as a currency and leave the investing to the investors.
If you can't determine it's worth how do you start using it as currency?
Maybe we could have a new Bitcoin that allows a Bitcoin committee that determines how many bitcoins are produced, perhaps have them answerable to the government so that they are kept in check. They can stimulate the economy with more bitcoins if the economy slows down and slow it down if things are going too quickly. Maybe they can even have a charter to keep unemployment down, the economy moving and inflation low.
This committee would consist of the presidents of bitcoin holding companies that are able to loan out BTC based on a committee determined interest rate. They can even print out cold storage prinouts of the bitcoins that can be a sort of "note" exchangeable for a bitcoin which can be used anywhere you go.
Instead of Bitcoin we could just call these notes "Federal Reserve Notes" to make it sound official, like it is a government entity.
It just may catch on.
This committee would consist of the presidents of bitcoin holding companies that are able to loan out BTC based on a committee determined interest rate. They can even print out cold storage prinouts of the bitcoins that can be a sort of "note" exchangeable for a bitcoin which can be used anywhere you go.
Instead of Bitcoin we could just call these notes "Federal Reserve Notes" to make it sound official, like it is a government entity.
It just may catch on.
Or maybe we can just let it be manipulated at will until it's dead.
Google stock would be all over the place if the price was being determined by kids using their dad's credit card to buy and sell stocks.
It will level out when we use it as a currency and leave the investing to the investors.
nothing needs to change.
Bitcoin is destined for greatness no matter what.
Bitcoin is destined for greatness no matter what.
Maybe we could have a new Bitcoin that allows a Bitcoin committee that determines how many bitcoins are produced, perhaps have them answerable to the government so that they are kept in check. They can stimulate the economy with more bitcoins if the economy slows down and slow it down if things are going too quickly. Maybe they can even have a charter to keep unemployment down, the economy moving and inflation low.
This committee would consist of the presidents of bitcoin holding companies that are able to loan out BTC based on a committee determined interest rate. They can even print out cold storage prinouts of the bitcoins that can be a sort of "note" exchangeable for a bitcoin which can be used anywhere you go.
Instead of Bitcoin we could just call these notes "Federal Reserve Notes" to make it sound official, like it is a government entity.
It just may catch on.
This committee would consist of the presidents of bitcoin holding companies that are able to loan out BTC based on a committee determined interest rate. They can even print out cold storage prinouts of the bitcoins that can be a sort of "note" exchangeable for a bitcoin which can be used anywhere you go.
Instead of Bitcoin we could just call these notes "Federal Reserve Notes" to make it sound official, like it is a government entity.
It just may catch on.
Or maybe we can just let it be manipulated at will until it's dead.
Maybe we could have a new Bitcoin that allows a Bitcoin committee that determines how many bitcoins are produced, perhaps have them answerable to the government so that they are kept in check. They can stimulate the economy with more bitcoins if the economy slows down and slow it down if things are going too quickly. Maybe they can even have a charter to keep unemployment down, the economy moving and inflation low.
This committee would consist of the presidents of bitcoin holding companies that are able to loan out BTC based on a committee determined interest rate. They can even print out cold storage prinouts of the bitcoins that can be a sort of "note" exchangeable for a bitcoin which can be used anywhere you go.
Instead of Bitcoin we could just call these notes "Federal Reserve Notes" to make it sound official, like it is a government entity.
It just may catch on.
This committee would consist of the presidents of bitcoin holding companies that are able to loan out BTC based on a committee determined interest rate. They can even print out cold storage prinouts of the bitcoins that can be a sort of "note" exchangeable for a bitcoin which can be used anywhere you go.
Instead of Bitcoin we could just call these notes "Federal Reserve Notes" to make it sound official, like it is a government entity.
It just may catch on.
Oh yes, let's create FRS for bitcoin!
biganth, what exactly are your concerns?
It seems pretty obvious we need a new coin with a fixed conversion rate that can only be traded between individuals & businesses. How else can we stop hackers, governments or wall street from f**king everything up?
Already launched 12 days ago. Google "Bytecoin".
Troll harder, please.
It is only Friday night before the big game on Sunday.
Come on people, what's wrong? Little correction and you run scared? Bought at 266, sold at 55 and crying "we are manipulated"? You are, by your greed and greed of the likes of you.
It's free market. Lag and trading stop are not good, but we will learn from this, new exchanges will pop up and people will diversify their actives. I see era of P2P trading coming.
It's free market. Lag and trading stop are not good, but we will learn from this, new exchanges will pop up and people will diversify their actives. I see era of P2P trading coming.
I'm a noob, didn't have anything invested so this is not a rant because I lost $ or bitcoins. Just genuinely concerned.
Come on people, what's wrong? Little correction and you run scared? Bought at 266, sold at 55 and crying "we are manipulated"? You are, by your greed and greed of the likes of you.
It's free market. Lag and trading stop are not good, but we will learn from this, new exchanges will pop up and people will diversify their actives. I see era of P2P trading coming.
It's free market. Lag and trading stop are not good, but we will learn from this, new exchanges will pop up and people will diversify their actives. I see era of P2P trading coming.
Well, if you guys don't thing the market was manipulated then let's agree to disagree on that.
I don't say it wasn't manipulated. I simply could not care less.
Why the hell are you on this forum then?
Because of Bitcoin. How about you?
Yeah, ok, end of pointless back n forth.
Trying to have a cryptography-based currency without manipulation is impossible. Can't happen.
It's like calling yourself a conservative anarchist.
Not to say it is not a really important topic. But I think it's silly to say that manipulation is somehow morally wrong. The morality of it shouldn't be figured into the equations of how it functions.
It's like calling yourself a conservative anarchist.
Not to say it is not a really important topic. But I think it's silly to say that manipulation is somehow morally wrong. The morality of it shouldn't be figured into the equations of how it functions.
Well, if you guys don't thing the market was manipulated then let's agree to disagree on that.
I don't say it wasn't manipulated. I simply could not care less.
Why the hell are you on this forum then?
Because of Bitcoin. How about you?
Well, if you guys don't thing the market was manipulated then let's agree to disagree on that.
I don't say it wasn't manipulated. I simply could not care less.
Why the hell are you on this forum then?
It seems pretty obvious we need a new coin with a fixed conversion rate that can only be traded between individuals & businesses. How else can we stop hackers, governments or wall street from f**king everything up?
Already launched 12 days ago. Google "Bytecoin".
BryanMills/Maria was always heavily trolled on Bitcoin because of his early success mining. He is following a vision laid down by Satoshi concerning multiple Clients/Cryptocurrency/Chains/BitX Apps.
Get to work ya slackies!
FF
Well, if you guys don't thing the market was manipulated then let's agree to disagree on that.
Of course the market was manipulated. Whether it was by government, wall st or just some early adopters or scammers propping up the price before cashing out we'll probably never know. It's probably got a few more days/weeks before it starts to stabilize, probably back below where we were before all this madness began this year.
Hopefully this will at least make people stop trying to tie the success of bitcoin to the price. Newsflash: Bitcoin is better with a billion transactions per day at 10 $USD than a few thousand @ $250
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