Topic: Does not it bother anyone that BTC value increasing too fast? - page 2. (Read 7715 times)

Why don't you just go work for Ripple?

I mean, I have never seen a person such a fanboy of a corporation who also preaches financial freedom for the people.  If you are good coder, I'm sure they are hiring.

Yes, because speculation is what will fix our world monetary issues.   

Assume nothing. The NSA doesn't.

EDIT: To answer the original question- yes. Yes it does. But then again, I love it.

Weird, considering the large corporate backing it has. 

From what I understand, there:s not as much speculation and ROI potential for Ripple due to the volume.

I don't hear very many people saying good things about Ripple these days, make me wonder why. 

I'm very happy and I intended to put my Bitcoin profits into Ripple infrastructure.  You know...an actual potential solution to the entire problem, not just one little currency.  Oh, the sweet irony.    So please by all means...continue to inflate the bubble.  The war chest only grows larger.    

Access, yes, but cannot meddle with the information stored (assuming standard SSL encryption). You might rather say, he who controls the keys controls the information.

Just wait, if BTC starts getting really used as a normal online currency to buy goods the gov will start putting regulations on who buys miners, i mean you wouldnt want terrorists to control 51% of the mining power, now would you?

This is where you are disingenious. Tulips had no value. Pyramid schemes have no product or service.  This is the lowest form of argument against bitcoin. You will understand this one point one day ---> Bitcoin is a technology and technologies are more speculative and volatile because of their potential.

I'm sorry that the bitcoin "religion" - whatever that is, lol - leaves YOU butthurt. I'm sure Jeremy Allaire is really interested in this religion, lol.

Just be happy you bought at $70 and keep it as a hedge against your own lack of vision.

But if they try to partition or censor the internet, it is simple to set up new routers to rejoin the partitions.

And who controls the routers, controls internet.

How are people going to use those Bitcoin?  They have to turn them into government fiat.  Which means banking system, which means the same problems as we've always had.  I'll say it again...just creating a currency "free" from government, does nothing to resolve the issue that have our global monetary system on the verge of collapse.  It just insures that there will be a few new rich people and a bunch of bag holders.  And let's not even get started on the decentralization of Bitcoin, which anyone by now should be able to see is a farce.  It's totally centralized around the huge mining farms and the Bitcoin foundation.  He who controls the miners, controls Bitcoin.

Bitcoin Market Capitalization is about the amount the government debt grew each day in 2009. So I would think Bitcoin is still REALLY undervalued. Probably more so than any other asset in the history of finance.

The good news is that crashes generally happen when nobody is anticipating them.

I take reassurance in a sense of uneasiness.  Blind confidence is what's dangerous.

There will be rises and drops, and rises.

You know I agree that it is speculative demand and that it may crash a little but I don't agree that you can dismiss Bitcoin like that and say it doesn't solve any real world issues. The speculative demand is there *because* it solves real world problems and people see it is limited in quantity and now is the time to get into it.

It is still very hard to send money to a lot of countries and also to send money from a lot of countries. Bitcoin does solve that problem because it is not regulated or dependent on a slow moving central authority (private sector or otherwise) to approve it's use in these various untapped markets. It makes it impossible to impose capital controls. That is huge!

First, it is black or white to me.  That may not jive with your thinking, but that doesn't make it wrong.  Simply put, Bitcoin can be a store of value and/or a transactional currency.  There's not much grey area there.  Second, it's not disingenuous for me to state as much.  It's called an opinion and for people who espouse "Freedom" there continues to be many who don't like anyone talking contradictory to Bitcoin "religion".  I'm not here for Bitcoin religion and I don't stay involved in the crypto space for such nonsense.  I'm here to solve our world monetary issues.  I don't honestly care if it's Bitcoin or something else.  The brand name means nothing to me.

I hold Bitcoin.  I had an opporutuinty to buy at around $70 right before the SatoshiDice sale, so again, more speculation from someone who obviously values speculation over facts.  Live in your delusions.  But IMO, this a bubble.  It is not due to increased spending of Bitcoins, it's pure speculative demand.  Now, maybe it will all smooth out when the hype is gone and people will begin spending over hoarding.  Maybe theoretical Austrian economic concepts will prove to be true.  But for now, it's just a simple gold rush.  Tulip manic and potentially, a soon to collapse pyramid. Everything economists have been saying would happen from the start.  And even if all that should work out perfectly, Bitcoin still fails to solve our REAL world monetary issues, as I've previously stated.  Now, those are MY opinions.  If that leaves you butthurt, "frankly my dear, I don't give a damn." 

There are actually a lot of people that expect a crash so they can rack in more cheap coins, so if crash there is, it won't last long and won't go that deep.

The only negative side effect I see in bitcoin raising is... The ridiculous price to get VIP status here. 

What jumps high fast , drops down fast.
Timing is the question...

Nice and clear headed, how refreshing round here!