Trying to convince them of the merit of mining rigs... you might as well try and get them to invest in unicorns.
that was in early 2011 and i did have 25x5850 mining on that time 
Topic: Cyprus, Spain, etc. will save us?! (Read 2358 times)
what the fuck planet are you from, seriously.
on the planet there ppl dont take risk let me remind you the rate for german bund http://www.bloomberg.com/markets/rates-bonds/government-bonds/germany/ all that ppl put their money in that not because they want to gain something just that they want to preserve wealth if bitcoin want to become a storage of wealth need to stay at same rate (maybe 5 cents up down) for years
How many people do you think are more interested in "preserving their wealth" rather than having a shot at becoming wealthy in the first place? Yeah, that would be about 1000x more at a minimum. The "best time" to convince normal people would be anytime they have a chance to get ahead, not maintain where they are.
yeah you need to explain it to them by showing them a graph where the line goes up and say "look, up= good, ok"?
Trying to convince them of the merit of mining rigs... you might as well try and get them to invest in unicorns.
Whats the chances of shops trying out bitcoin if they have to run around putting new prices on everything hourly? "They can just display the exchange rate" doesn't cut it, if vendors can't display the prices in BTC then it will be a second class currency. For now the fluctuations are great to get interest and investment but crap as an exchange of value.
The higher the value of Bitcoin rises, the smaller relative changes in value are. At $10 000 per bitcoin a change of $10 in BTC price is 0.1% in total value. Any shop understanding this will understand that they have minimal risk in accepting bitcoin, as it is likely to go up in value, not down. So if they don't update their prices that often, they usually get extra money.
This is one of the reasons why buying BTC now is such a good thing. There's only two possible outcomes: $0 or A LOT.
my family is not interested in btc I did explain them btc buyed casascius coins and silver btc coins they did not want to buy in last years no interested on mining rigs even when difficulty was like 200k
I just wish someone had told me about it sooner. I guess I'd heard of it around but never looked into it. Then when I did, I picked up a GPU to do a little side mining and would have gone more all-in on that if ASIC wasn't "just around the corner" (F-you, BFL). Luckily I managed to dump a little fiat into it.
what the fuck planet are you from, seriously.
on the planet there ppl dont take risk let me remind you the rate for german bund http://www.bloomberg.com/markets/rates-bonds/government-bonds/germany/ all that ppl put their money in that not because they want to gain something just that they want to preserve wealth if bitcoin want to become a storage of wealth need to stay at same rate (maybe 5 cents up down) for years
How many people do you think are more interested in "preserving their wealth" rather than having a shot at becoming wealthy in the first place? Yeah, that would be about 1000x more at a minimum. The "best time" to convince normal people would be anytime they have a chance to get ahead, not maintain where they are.
if bitcoin want to become a storage of wealth need to stay at same rate (maybe 5 cents up down) for years
If BTC value remains the "same" for years, within a few cents, that means it's taking a nosedive along with the dollar, AKA not preserving any wealth. If the BTC holds a consistent real value, it's value relative to other currency MUST continue to increase.
if bitcoin want to become a storage of wealth need to stay at same rate (maybe 5 cents up down) for years
lmfao, someone's parking on the grass.
Posted in another thread.
Videos on Blooberg http://www.bloomberg.com/video/a-look-at-the-world-s-largest-online-currency-cPMjkXT0QB~SWJbQWWaB2g.html
(Wait for video)
Even if he don't get it, it's nice to see video talking on that subject...
Videos on Blooberg http://www.bloomberg.com/video/a-look-at-the-world-s-largest-online-currency-cPMjkXT0QB~SWJbQWWaB2g.html
(Wait for video)
Even if he don't get it, it's nice to see video talking on that subject...
what the fuck planet are you from, seriously.
on the planet there ppl dont take risk let me remind you the rate for german bund http://www.bloomberg.com/markets/rates-bonds/government-bonds/germany/ all that ppl put their money in that not because they want to gain something just that they want to preserve wealth if bitcoin want to become a storage of wealth need to stay at same rate (maybe 5 cents up down) for years
How many people do you think are more interested in "preserving their wealth" rather than having a shot at becoming wealthy in the first place? Yeah, that would be about 1000x more at a minimum. The "best time" to convince normal people would be anytime they have a chance to get ahead, not maintain where they are.
what the fuck planet are you from, seriously.
on the planet there ppl dont take risk let me remind you the rate for german bund http://www.bloomberg.com/markets/rates-bonds/government-bonds/germany/ all that ppl put their money in that not because they want to gain something just that they want to preserve wealth if bitcoin want to become a storage of wealth need to stay at same rate (maybe 5 cents up down) for years
I think the hardest part it trying to convince people, while they look at the BTC price chart, that prices may continue rising and that it's not just a bubble. Especially when they look at summer 2011 as a reference.
the best time to convice ppl about btc was when it stay around 5 usd for so many months what the fuck planet are you from, seriously.
I think the hardest part it trying to convince people, while they look at the BTC price chart, that prices may continue rising and that it's not just a bubble. Especially when they look at summer 2011 as a reference.
the best time to convice ppl about btc was when it stay around 5 usd for so many months
I think the hardest part it trying to convince people, while they look at the BTC price chart, that prices may continue rising and that it's not just a bubble. Especially when they look at summer 2011 as a reference.
Italy and France it's where it's at.
And it's only a matter of time now IMO.
And it's only a matter of time now IMO.
como te atreves a decir algo que no sea alcista
How dare you say anything not bullishcomo te atreves a decir que la gente no esta metiendo sus ahorros en Bitcoins
How dare you say everyone isn't going all in on Bitcoins?ALA HOGUERA!!! HEREJE !!!!
burn, baby burn! He he he!
+
obama_not_bad.jpg
como te atreves a decir algo que no sea alcista
How dare you say anything not bullishcomo te atreves a decir que la gente no esta metiendo sus ahorros en Bitcoins
How dare you say everyone isn't going all in on Bitcoins?ALA HOGUERA!!! HEREJE !!!!
burn, baby burn! He he he! However, how's the news over there? Anyone from Cyprus, Spain or other countries in financial jeopardy? Do you hear more about Bitcoins lately?
I'm from Spain.
The truth is that Bitcoin is still unknown for the most people here, the average user is, as in many places, the geek people. The media it's not speaking more than they were doing two months ago, that is zero. However, it is truth that the digital version of one of the biggest neswpaper wrote an article the other day, that's it. Unfortunatly, if you read the people's feedback in the comments section most people distrust about our money.
So, there is no a bitcoin rush here at the moment guys.
ALA HOGUERA!!! HEREJE !!!!
lol
It's a shame they will probably talk of it only in a few months, and say "People who bought 5 months ago now have 500+% their investment", we should have seen this one coming...
However, how's the news over there? Anyone from Cyprus, Spain or other countries in financial jeopardy? Do you hear more about Bitcoins lately?
I'm from Spain.
The truth is that Bitcoin is still unknown for the most people here, the average user is, as in many places, the geek people. The media it's not speaking more than they were doing two months ago, that is zero. However, it is truth that the digital version of one of the biggest neswpaper wrote an article the other day, that's it. Unfortunatly, if you read the people's feedback in the comments section most people distrust about our money.
So, there is no a bitcoin rush here at the moment guys.
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