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Topic: Heres how you accumulate wealth, according to roughly 30% of forum members. (Read 1492 times)

Isokivi
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Heres how you accumulate wealth, according to roughly 30% of forum members.
March 13, 2013, 12:03:39 AM
#6
Quote from: shawshankinmate37927 on March 12, 2013, 06:59:03 PM
Quote from: Isokivi on March 12, 2013, 11:29:35 AM
http://www.youtube.com/watch?v=tO5sxLapAts

..and while your collecting all the underpants bitcoin you can get your hands on, take a minute to think where the exchange rate would be and remain indefenetly if it werent for people who chose to offer goods and services in exchange for underpants.

It's both those who transact/spend now and those who save/spend later that are responsible for the current exchange rate.  Take a minute to think where the exchange rate would be without the bitcoin savers.

In no way am I calling saving bad for bitcoin, I have for long myself tried to put roughly a third of my incoming coins aside and stated this out numerous times on these forums. Im only attacking the ever more popular "I came here for the free ride" approach to bitcoin.
shawshankinmate37927
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Bitcoin: The People's Bailout
Re: Heres how you accumulate wealth, according to roughly 30% of forum members.
March 12, 2013, 06:59:03 PM
#5
Quote from: Isokivi on March 12, 2013, 11:29:35 AM
http://www.youtube.com/watch?v=tO5sxLapAts

..and while your collecting all the underpants bitcoin you can get your hands on, take a minute to think where the exchange rate would be and remain indefenetly if it werent for people who chose to offer goods and services in exchange for underpants.

It's both those who transact/spend now and those who save/spend later that are responsible for the current exchange rate.  Take a minute to think where the exchange rate would be without the bitcoin savers.
Lethn
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Re: Heres how you accumulate wealth, according to roughly 30% of forum members.
March 12, 2013, 01:36:43 PM
#4
Gold and Silver? Smiley You also have lots of VPN's being used by people who don't like being spied on.
Isokivi
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Re: Heres how you accumulate wealth, according to roughly 30% of forum members.
March 12, 2013, 12:11:51 PM
#3
Quote from: Lethn on March 12, 2013, 12:06:16 PM
Unluckily for you this theory you and a bunch of other people has about Bitcoins is blown out the water because organisations like central banks exist, otherwise you'd be correct, the reason something like Bitcoin is being so readily accepted is hatred of the current systems.
If it were only hatred toards the central banks then holding any other tradeable commodity would yield same results, aslong as it has a demand ?
Lethn
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Activity: 1540
Merit: 1000
Re: Heres how you accumulate wealth, according to roughly 30% of forum members.
March 12, 2013, 12:06:16 PM
#2
Unluckily for you this theory you and a bunch of other people has about Bitcoins is blown out the water because organisations like central banks exist, otherwise you'd be correct, the reason something like Bitcoin is being so readily accepted is hatred of the current systems.
Isokivi
hero member
Activity: 910
Merit: 1000
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Re: Heres how you accumulate wealth, according to roughly 30% of forum members.
March 12, 2013, 11:29:35 AM
#1
http://www.youtube.com/watch?v=tO5sxLapAts

..and while your collecting all the underpants bitcoin you can get your hands on, take a minute to think where the exchange rate would be and remain indefenetly if it werent for people who chose to offer goods and services in exchange for underpants.
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