intuitively, which option would you pick? 1, 2 or 3 (see image) - page 3.

molecular

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Quote from: phorensic on October 28, 2011, 05:17:49 PM

3 because I don't want to look like movie character carrying a sack of gold.

How about:

4) A bitcoin debit card
5) Use the NFC chip in an Android phone to do transactions like Google Wallet.

both great ideas. Implementation is hard, however (not technically, that's rather easy)

phorensic

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3 because I don't want to look like movie character carrying a sack of gold.

How about:

4) A bitcoin debit card
5) Use the NFC chip in an Android phone to do transactions like Google Wallet.

paraipan

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Firstbits: 1pirata

1 - cause once redeemed i can recycle the plastic and buy any other two options whenever i want Tongue

molecular

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Quote from: bittersweet on October 28, 2011, 05:05:48 PM

Quote from: Snapman on October 28, 2011, 04:42:16 PM

heh, why is fiat winning? people are zombies following a hunger for paper money.

Because I can actually pay with it in shops, contraryt o silver and bitcoin?

Isn't it what money is for?

Yes, but also: store of value.

molecular

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Quote from: Flappy on October 28, 2011, 05:03:45 PM

I can use fiat to buy milk and eggs. When I can use something else, I will.

I will try to use silver at my local farmer's shop soon and tomorrow I will try to pay a ride in silver. Let's see how that goes Wink

bittersweet

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Quote from: Snapman on October 28, 2011, 04:42:16 PM

heh, why is fiat winning? people are zombies following a hunger for paper money.

Because I can actually pay with it in shops, contrary to silver and bitcoin?

Isn't it what money is for?

BTCurious

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^SEM img of Si wafer edge, scanned 2012-3-12.

Quote from: molecular on October 28, 2011, 04:57:37 PM

I tried to make all options "worth" about the same using todays prices. because I was trying to find out, what people expect to be most sucessfull in terms of actually keeping it's value in the furue.

it's 17 BTC, 2 oz silver (maple leaf) and 50 EUR

You do know that 50 euro is actually 70 dollar, right?
Anyway, Europeans have actually had a currency change in 2002. For me, the Euro was worth more than the old currency, i.e. everything looked cheap. This takes a while to get used to, but eventually you get an intuition for the buying power of the new coin. The "looks" don't really matter, I think, just the familiarity with the worth, which grows after a while.

Quote from: wobber on October 28, 2011, 05:00:47 PM

How do you use those bitcoins?

There's a private key under the hologram. You can import that into your wallet, or into mtgox. Or you can spend the physical coins again, of course.

molecular

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Quote from: wobber on October 28, 2011, 05:00:47 PM

How do you use those bitcoins?

Those are "casascius physical bitcoins".

You can exchange them physically for goods/services/favors.

Also: you can redeem them at mtgox, for example. They have a private key to 1 bitcoin hidden behind the hologram, more info: http://casascius.com

Flappy

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I can use fiat to buy milk and eggs. When I can use something else, I will.

miscreanity

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Not many prefer the extra weight and "jingliness" of coins over an effectively weightless piece of paper.

The investor in me wants to hold all three with a bias toward silver (2) and Bitcoin (1) a close second. Most of the people I know would gravitate toward the fiat paper bill (3) with its clearly visible denomination of 50.

wobber

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How do you use those bitcoins?

molecular

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Quote from: Coinabul on October 28, 2011, 04:52:08 PM

Quote from: BTCurious on October 28, 2011, 04:49:16 PM

Quote from: molecular on October 28, 2011, 04:44:17 PM

I tell you why fiat is winning: It's still in the heads.

This. The poll asked for intuitively, and intuitively I see the value in a 50 euro bill. (I expect this to be less for americans though)
When thinking about it, there's actually only about 15 BTC there, which is about 30 euro. So yeah, BTC is still worth less.
The silver thingeys (Canadian?) I have no idea about.

Edit: Oh? They're all worth the same? Are you sure about that?

Those are Silver Maples I think... Can't really see what weight. I assume 1 oz coins. Each worth about 13 BTC.
http://coinabul.com/index.php/silver-sorted-by-weight/canadian-silver-maple-1-oz-silver-coin.html

I tried to make all options "worth" about the same using todays prices. because I was trying to find out, what people expect to be most sucessfull in terms of actually keeping it's value in the furue.

it's 17 BTC, 2 oz silver (maple leaf) and 50 EUR

molecular

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Quote from: joepie91 on October 28, 2011, 04:51:28 PM

3.

1 looks too 'plastic' and 'fake' at first sight (probably due to the hologram).
2 doesn't look familiar at all, so it would be impossible for me to estimate its value.

3 has the additional advantage of looking more 'polished'.

oh god, I should've used a 100 USD bill. it's a fifty EUR bill, man.

Coinabul

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Coinabul - Gold Unbarred

Quote from: BTCurious on October 28, 2011, 04:49:16 PM

Quote from: molecular on October 28, 2011, 04:44:17 PM

I tell you why fiat is winning: It's still in the heads.

This. The poll asked for intuitively, and intuitively I see the value in a 50 euro bill. (I expect this to be less for americans though)
When thinking about it, there's actually only about 15 BTC there, which is about 30 euro. So yeah, BTC is still worth less.
The silver thingeys (Canadian?) I have no idea about.

Edit: Oh? They're all worth the same? Are you sure about that?

Those are Silver Maples I think... Can't really see what weight. I assume 1 oz coins. Each worth about 13 BTC.
http://coinabul.com/index.php/silver-sorted-by-weight/canadian-silver-maple-1-oz-silver-coin.html

joepie91

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3.

1 looks too 'plastic' and 'fake' at first sight (probably due to the hologram).
2 doesn't look familiar at all, so it would be impossible for me to estimate its value.

3 has the additional advantage of looking more 'polished'.

BTCurious

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^SEM img of Si wafer edge, scanned 2012-3-12.

Quote from: molecular on October 28, 2011, 04:44:17 PM

I tell you why fiat is winning: It's still in the heads.

This. The poll asked for intuitively, and intuitively I see the value in a 50 euro bill. (I expect this to be less for americans though)
When thinking about it, there's actually only about 15 BTC there, which is about 30 euro. So yeah, BTC is still worth less.
The silver thingeys (Canadian?) I have no idea about.

Edit: Oh? They're all worth the same? Are you sure about that?

molecular

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Quote from: Snapman on October 28, 2011, 04:42:16 PM

heh, why is fiat winning? people are zombies following a hunger for paper money.

I tell you why fiat is winning: It's still in the heads. It's indoctrination, we're brought up this way. When you constantly put value on everything using FIAT to compare, at some point, you just internalize Value == FIAT.

Snapman

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BTCRadio Owner

heh, why is fiat winning? people are zombies following a hunger for paper money.

Coinabul

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Coinabul - Gold Unbarred

I'm a fan of Silver. It's a bit more risky than gold in my opinion, but it historically has had the longest track record of being valuable compared to the other options.

wobber

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1 is gold?

Topic: intuitively, which option would you pick? 1, 2 or 3 (see image) - page 3. (Read 4535 times)