The past year has left you holding the bag tho.
Topic: TIME TO BUY - page 2. (Read 9177 times)
^
The past year has left you holding the bag tho.
The past year has left you holding the bag tho.
Buy and Hold Long Term.
This advise would probably work at any point in time.
This advise would probably work at any point in time.
Has worked out pretty good for the majority of the price history of bitcoin.
NotLambchop: "This serial troll is still being ignored." 
...The problem is inherit to the system...
I keep hearing about this impending doom, mainly from the lunatic fringe.
Quote
...all they do is bring closer the impassable object.
If the driver is bad, sane people opt for a better driver. Bitcoiners want to replace the driver with a windup toy
Shame the Germans didn't have Greenspan in control of the V1's. Could have shortened the war considerably as he would have driven them all into Berlin. This was the guy who pursued a loose monetary policy during the boom years after all. A certain Chancellor mentioned in Genesis wasn't any better either...
But these individuals are not the problem of course. The problem is inherit to the system. When was the last time the US with all these IRL shepherds ran a monetary policy that wasn't loose? They keep swerving obstacles, but all they do is bring closer the impassable object.
But these individuals are not the problem of course. The problem is inherit to the system. When was the last time the US with all these IRL shepherds ran a monetary policy that wasn't loose? They keep swerving obstacles, but all they do is bring closer the impassable object.
Buy and Hold Long Term.
This advise would probably work at any point in time.
This advise would probably work at any point in time.
^Been working great thus far 
This Bitcoin thing, OTOH... Much fail & aids
This Bitcoin thing, OTOH... Much fail & aids
It's certainly straightforward enough, but it's starting to show some ...drawbacks?
My point is pretty trivial--it's nice to have the ability to adjust the money supply in response to changing conditions. Clockworkinflation guidance can't do that, and that's why V1s were so wildly inaccurate 
My point is pretty trivial--it's nice to have the ability to adjust the money supply in response to changing conditions. Clockwork
Your laboured point is exceedingly trivial.
Last time i checked, bitcoin isn't a rocket, though it's exchange price has risen like one.
In principle having the ability to regulate inflation is an excellent idea. However in the real world we all inhabit it does not work for centrally planned fiat currencies in practice.
Other than comparing bitcoin with an ancient nazi missile, do you have any meaningful objection to bitcoin having a programatically enforced exponentially falling inflation rate?
How come? (Just curious...)
Because humans + magic money printing = disaster
It's certainly straightforward enough, but it's starting to show some ...drawbacks?
My point is pretty trivial--it's nice to have the ability to adjust the money supply in response to changing conditions. Clockworkinflation guidance can't do that, and that's why V1s were so wildly inaccurate
My point is pretty trivial--it's nice to have the ability to adjust the money supply in response to changing conditions. Clockwork
Your laboured point is exceedingly trivial.
Last time i checked, bitcoin isn't a rocket, though it's exchange price has risen like one.
In principle having the ability to regulate inflation is an excellent idea. However in the real world we all inhabit it does not work for centrally planned fiat currencies in practice.
Other than comparing bitcoin with an ancient nazi missile, do you have any meaningful objection to bitcoin having a programatically enforced exponentially falling inflation rate?
How come? (Just curious...)
...
Your laboured point is exceedingly trivial.
...
Your laboured point is exceedingly trivial.
...
But your butthurt tho... Your butthurt is not trivial at all, my son!
~Rev. FatherBob
So when you can't answer you use an alt to post shit? And this is why you are a troll and not taken seriously by anyone on the forum.
...
Your laboured point is exceedingly trivial.
...
Your laboured point is exceedingly trivial.
...
But your butthurt tho... Your butthurt is not trivial at all, my son!
~Rev. FatherBob
It's certainly straightforward enough, but it's starting to show some ...drawbacks?
My point is pretty trivial--it's nice to have the ability to adjust the money supply in response to changing conditions. Clockworkinflation guidance can't do that, and that's why V1s were so wildly inaccurate
My point is pretty trivial--it's nice to have the ability to adjust the money supply in response to changing conditions. Clockwork
Your laboured point is exceedingly trivial.
Last time i checked, bitcoin isn't a rocket, though it's exchange price has risen like one.
In principle having the ability to regulate inflation is an excellent idea. However in the real world we all inhabit it does not work for centrally planned fiat currencies in practice.
Other than comparing bitcoin with an ancient nazi missile, do you have any meaningful objection to bitcoin having a programatically enforced exponentially falling inflation rate?
It's certainly straightforward enough, but it's starting to show some ...drawbacks?
My point is pretty trivial--it's nice to have the ability to adjust the money supply in response to changing conditions. Clockworkinflation guidance can't do that, and that's why V1s were so wildly inaccurate
Retrofitted with a driver's seat
My point is pretty trivial--it's nice to have the ability to adjust the money supply in response to changing conditions. Clockwork
Retrofitted with a driver's seat
I know you have daddy issues with the FED, but I simply used it to illustrate why mining more BTC makes the BTC you hold worth less.
We can also infer from this that lowering the total of BTC mined (printed) would reduce the supply of BTC on exchanges, thus twerking the supply/demand equation just right & making the coin you hold be worth more.
But you can't do that, because predefined, like clockwork, like a V1 rocket. Nothing can be done
We can also infer from this that lowering the total of BTC mined (printed) would reduce the supply of BTC on exchanges, thus twerking the supply/demand equation just right & making the coin you hold be worth more.
But you can't do that, because predefined, like clockwork, like a V1 rocket. Nothing can be done
Or maybe we can just wait a bit for market demand to pick up, waddayathink
Yeah, "Wildly fluctuating & tanking price? It's actually a good thing, we meant to do that."
Come on
Speculation, the only way to bootstrap a decentralized, global form of money.
Monetary inflation of BTC is currently higher than the monetary inflation of the USD (and it will be for quite some time).
That is a fact. Not much to discuss here guize...
It ain't an opinion yo.
That is a fact. Not much to discuss here guize...
It ain't an opinion yo.
Not fact. Traditional monetary policy that applies to regular currency's like the US dollar does not apply to Bitcoin.
That's the whole reason Bitcoin was created was to go against the grain. The decentralization, the finite supply, the low transaction fees, etc etc.
Read this first before posting:
https://bitcoin.org/bitcoin.pdf
Currently, and for a long time, BTC money supply will grow more than the money supply of USD, period.
BTC money supply is no where close to money supply of the USD, period.
Different supply scales, there's trillions of dollars in circulation compared to a few million BTCs.
Obviously price swings occur more wildly when the Bitcoin's pool is belly flopped into vs the US Dollar's ocean.
Stop comparing Bitcoin to the US Dollar, you're talking old money versus new money.
Quote
Obviously price swings occur more wildly when the Bitcoin's pool is belly flopped into vs the US Dollar's ocean
Ehm, are you just admitting that the increased money supply on BTC has a even greater effect on its price than for the USD, which kinda validates my point since the beginning? 
How is the point valid again?
US Dollar money supply is so vast compared to Bitcoin's "money supply".
Also Bitcoin doesn't have a Federal Reserve to manipulate price value, so point's moot.
Fed is also driving US dollar price one way. I'll give you a hint, it's not up.
I know you have daddy issues with the FED, but I simply used it to illustrate why mining more BTC makes the BTC you hold worth less.
We can also infer from this that lowering the total of BTC mined (printed) would reduce the supply of BTC on exchanges, thus twerking the supply/demand equation just right & making the coin you hold be worth more.
But you can't do that, because predefined, like clockwork, like a V1 rocket. Nothing can be done
We can also infer from this that lowering the total of BTC mined (printed) would reduce the supply of BTC on exchanges, thus twerking the supply/demand equation just right & making the coin you hold be worth more.
But you can't do that, because predefined, like clockwork, like a V1 rocket. Nothing can be done
Or maybe we can just wait a bit for market demand to pick up, waddayathink
Yeah, "Wildly fluctuating & tanking price? It's actually a good thing, we meant to do that."
Come on
Monetary inflation of BTC is currently higher than the monetary inflation of the USD (and it will be for quite some time).
That is a fact. Not much to discuss here guize...
It ain't an opinion yo.
That is a fact. Not much to discuss here guize...
It ain't an opinion yo.
Not fact. Traditional monetary policy that applies to regular currency's like the US dollar does not apply to Bitcoin.
That's the whole reason Bitcoin was created was to go against the grain. The decentralization, the finite supply, the low transaction fees, etc etc.
Read this first before posting:
https://bitcoin.org/bitcoin.pdf
Currently, and for a long time, BTC money supply will grow more than the money supply of USD, period.
BTC money supply is no where close to money supply of the USD, period.
Different supply scales, there's trillions of dollars in circulation compared to a few million BTCs.
Obviously price swings occur more wildly when the Bitcoin's pool is belly flopped into vs the US Dollar's ocean.
Stop comparing Bitcoin to the US Dollar, you're talking old money versus new money.
Quote
Obviously price swings occur more wildly when the Bitcoin's pool is belly flopped into vs the US Dollar's ocean
Ehm, are you just admitting that the increased money supply of BTC has a even greater effect on its price than for the USD, which kinda validates my point since the beginning? I know you have daddy issues with the FED, but I simply used it to illustrate why mining more BTC makes the BTC you hold worth less.
We can also infer from this that lowering the total of BTC mined (printed) would reduce the supply of BTC on exchanges, thus twerking the supply/demand equation just right & making the coin you hold be worth more.
But you can't do that, because predefined, like clockwork, like a V1 rocket. Nothing can be done
We can also infer from this that lowering the total of BTC mined (printed) would reduce the supply of BTC on exchanges, thus twerking the supply/demand equation just right & making the coin you hold be worth more.
But you can't do that, because predefined, like clockwork, like a V1 rocket. Nothing can be done
Or maybe we can just wait a bit for market demand to pick up, waddayathink
I know you have daddy issues with the FED, but I simply used it to illustrate why mining more BTC makes the BTC you hold worth less.
We can also infer from this that lowering the total of BTC mined (printed) would reduce the supply of BTC on exchanges, thus twerking the supply/demand equation just right & making the coin you hold be worth more.
But you can't do that, because predefined, like clockwork, like a V1 rocket. Nothing can be done
We can also infer from this that lowering the total of BTC mined (printed) would reduce the supply of BTC on exchanges, thus twerking the supply/demand equation just right & making the coin you hold be worth more.
But you can't do that, because predefined, like clockwork, like a V1 rocket. Nothing can be done
I wonder if you'll say the say the same thing when we're not mining more BTC...
Monetary inflation of BTC is currently higher than the monetary inflation of the USD (and it will be for quite some time).
That is a fact. Not much to discuss here guize...
It ain't an opinion yo.
That is a fact. Not much to discuss here guize...
It ain't an opinion yo.
Not fact. Traditional monetary policy that applies to regular currency's like the US dollar does not apply to Bitcoin.
That's the whole reason Bitcoin was created was to go against the grain. The decentralization, the finite supply, the low transaction fees, etc etc.
Read this first before posting:
https://bitcoin.org/bitcoin.pdf
Currently, and for a long time, BTC money supply will grow more than the money supply of USD, period.
BTC money supply is no where close to money supply of the USD, period.
Different supply scales, there's trillions of dollars in circulation compared to a few million BTCs.
Obviously price swings occur more wildly when the Bitcoin's pool is belly flopped into vs the US Dollar's ocean.
Stop comparing Bitcoin to the US Dollar, you're talking old money versus new money.
Jump to: