Author

Topic: To all hoarders - Like me (Read 2349 times)

legendary
Activity: 1022
Merit: 1001
June 09, 2011, 12:29:07 AM
#17
But I want to get rid of my USD  Grin

^^
member
Activity: 85
Merit: 10
June 09, 2011, 12:25:31 AM
#16
Hoarders have been picked on everywhere all throughout history.  It is time for all the hoarders to get together and form social support networks and stand together to tell the world, "Yes!  We are hoarders.  And we're PROUD of who we are, and what benefits we bring to society!"

I'm not against hoarding, I have my stash too. I just encourage people to spend also, as a separate activity from hoarding. To incentivize those businesses accepting bitcoin and keep a minimum flow of money. I want them to stay in business so that I can actually SPEND my hoarded money too at some point in time.
sr. member
Activity: 434
Merit: 252
youtube.com/ericfontainejazz now accepts bitcoin
June 08, 2011, 10:06:17 PM
#15
There's always coffee.

The first time I saw a reference to BitBrew, I thought it would be selling some brewed beverages for bitcoin, like Beer or Mead. I was a bit disappointed when I followed the link to find just coffee.

Would anybody be interested in buying fine homebrewed beverages for bitcoin? Not sure how shipping would work though, unless I just start selling to people in my area?

I love homebrew.  What's your area?
newbie
Activity: 46
Merit: 0
June 08, 2011, 09:39:54 PM
#14
RE: Hoarding

Quote
Historically, governments have frowned upon hoarding. Especially in bad economic times, stigmatizing the hoarder for "causing" high prices or shortages because he buys more than his "share" serves a useful political purpose. They divert attention away from government policies, such as tariffs, that are the true cause of empty shelves and high prices. By stirring up resentment toward neighbors who own one more can of peas than you do, politicians avoid the full and just brunt of public anger.

Quote
Hoarding, like any other human activity, can become obsessive. But in its common form, hoarding is nothing more than preparing for the future by laying aside a store of items you and your family may need. This is an especially valuable practice during economic instability, when necessary supplies can become scarce or suddenly double in price.

http://mises.org/daily/5200/Guerrilla-Hoarding

The above quotes are from a post about hoarding I read a while back on Mises.org. IMHO, hoarding is a basic human impulse that has served us well throughout the millenia; those people who took the time to save goods and money during the easy times were the ones who were more likely to make it through the tough times.

.02BTC
full member
Activity: 140
Merit: 101
June 08, 2011, 08:31:56 PM
#13
I'm keeping a USD balance on Mt Gox. When I want something I can get for bitcoins, I buy more bitcoins to cover the cost.
member
Activity: 65
Merit: 10
Everything Mike Willz (Skype Mike_Willz) Google Me
June 08, 2011, 08:22:27 PM
#12
I'd rather give my U.S money up first ( I never thought I'd get a chance to say that)
newbie
Activity: 16
Merit: 0
June 08, 2011, 07:31:04 PM
#11
But I want to get rid of my USD  Grin
sr. member
Activity: 434
Merit: 252
youtube.com/ericfontainejazz now accepts bitcoin
June 08, 2011, 07:28:16 PM
#10
Hoarders have been picked on everywhere all throughout history.  It is time for all the hoarders to get together and form social support networks and stand together to tell the world, "Yes!  We are hoarders.  And we're PROUD of who we are, and what benefits we bring to society!"
hero member
Activity: 560
Merit: 500
Minds are like parachutes they work best when open
June 08, 2011, 07:17:32 PM
#9
I just bought some stuff from cablesaurus yesterday using BTC.

But for anyone not wanting to hoard their coins, send extra to the address below!

Yeah I spent almost 11BTC with them today
hero member
Activity: 588
Merit: 500
June 08, 2011, 07:13:41 PM
#8
It's not hoarding, it's saving.
full member
Activity: 210
Merit: 100
Fezzik, tear his arms off.
June 08, 2011, 01:04:57 PM
#7
Hoarders love our .56 bitcoin shirts.
member
Activity: 85
Merit: 10
June 08, 2011, 12:46:04 PM
#6
There's always coffee.

Uh... nice!! If only I was a coffee drinker :-(
But I bet many people on this forum are...
edd
donator
Activity: 1414
Merit: 1002
June 08, 2011, 12:24:29 PM
#5
There's always coffee.
full member
Activity: 196
Merit: 100
June 08, 2011, 12:22:52 PM
#4
I just bought some stuff from cablesaurus yesterday using BTC.

But for anyone not wanting to hoard their coins, send extra to the address below!
full member
Activity: 168
Merit: 100
June 08, 2011, 12:20:50 PM
#3
thats a good idea, i like the guy with the site that sells shoes, maybe pick up a pair for like 3 or 4BTC haha
full member
Activity: 175
Merit: 101
June 08, 2011, 12:18:33 PM
#2
I agree. If we don't get the ball rolling, people will lose interest and the currency won't take off.
member
Activity: 85
Merit: 10
June 08, 2011, 12:15:01 PM
#1
To everyone hoarding. I think it is fine to keep your stash. Keep it and forget about it. But I ask you to do as I am doing: get some fresh bitcoins now, price doesn't matter, and use them to buy stuff.

Keep the incentive for sellers!

Actually I am going to get some new BC's now, choose some online store who accepts bitcoins and buy me something nice!! I don't know what yet, I only know in what currency I will pay for it. That's a gift I do to myself and an investment in the whole BC community!

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