the same thing you could always do... hold them or send them to another wallet address....
the ONLY thing you couldn't do was exchange it for USD
Topic: What you can do with a bitcoin if the USD exchange price dropped to 0 (Read 4135 times)
February 27, 2013, 06:15:04 PM
February 27, 2013, 02:42:38 PM
The same thing you can do with gold if the price of gold goes to 0.
Gild baby-slippers? I don't think so...
-MarkM-
February 27, 2013, 02:26:04 PM
The same thing you can do with gold if the price of gold goes to 0.
February 27, 2013, 01:34:26 PM
This is a good question, I think i'll keep the bitcoins or i'll start a donations site, where people can leave some btc!
February 27, 2013, 09:32:16 AM
then I can just keep playing satoshidice all day
February 26, 2013, 04:23:34 PM
01010100 01101000 01100101 00100000 01110000 01100101 01110010 01110011 01101111 01101110 00100000 01110010 01100101 01110011 01110000 01101111 01101110 01110011 01101001 01100010 01101100 01100101 00100000 01100110 01101111 01110010 00100000 01110100 01101000 01100101 00100000 01000010 01101001 01110100 01100011 01101111 01101001 01101110 01101001 01100011 01100001 00100000 01101000 01100001 01100011 01101011 00100000 01110011 01100101 01101110 01110100 00100000 01101111 01110101 01110100 00100000 01100001 00100000 01101101 01100101 01110011 01110011 01100001 01100111 01100101 00100000 01110101 01110011 01101001 01101110 01100111 00100000 01100011 01101111 01101001 01101110 01110011 00100000 01100001 01110011 00100000 01100001 00100000 01100010 01101001 01101110 01100001 01110010 01111001 00100000 01101101 01100101 01110011 01110011 01100001 01100111 01100101 00101110 00001101 00001010
Interesting. I wasn't aware of that. What did the message say?
00100010 01000101 01111000 01110000 01100101 01100011 01110100 00100000 01101101 01100001 01110011 01110011 00100000 01101100 01100101 01100001 01101011 00100000 01110011 01101111 01101111 01101110 00100010 00101110 00001101 00001010
February 26, 2013, 04:21:33 PM
01010100 01101000 01100101 00100000 01110000 01100101 01110010 01110011 01101111 01101110 00100000 01110010 01100101 01110011 01110000 01101111 01101110 01110011 01101001 01100010 01101100 01100101 00100000 01100110 01101111 01110010 00100000 01110100 01101000 01100101 00100000 01000010 01101001 01110100 01100011 01101111 01101001 01101110 01101001 01100011 01100001 00100000 01101000 01100001 01100011 01101011 00100000 01110011 01100101 01101110 01110100 00100000 01101111 01110101 01110100 00100000 01100001 00100000 01101101 01100101 01110011 01110011 01100001 01100111 01100101 00100000 01110101 01110011 01101001 01101110 01100111 00100000 01100011 01101111 01101001 01101110 01110011 00100000 01100001 01110011 00100000 01100001 00100000 01100010 01101001 01101110 01100001 01110010 01111001 00100000 01101101 01100101 01110011 01110011 01100001 01100111 01100101 00101110 00001101 00001010
Interesting. I wasn't aware of that. What did the message say?
February 26, 2013, 04:08:10 PM
I don't know of other instances of this, but here is a message sent through Bitcoin transactions.
yocko06 sent me the satoshi sequence 20,8,1,14,11,1,1,25,15,21
The alphabet goes A=1 -> Z=26
two 1s in a row is a space, AA=28
'THANK YOU' sent through Bitcoin transactions.
yocko06 sent me the satoshi sequence 20,8,1,14,11,1,1,25,15,21
The alphabet goes A=1 -> Z=26
two 1s in a row is a space, AA=28
'THANK YOU' sent through Bitcoin transactions.
01010100 01101000 01100101 00100000 01110000 01100101 01110010 01110011 01101111 01101110 00100000 01110010 01100101 01110011 01110000 01101111 01101110 01110011 01101001 01100010 01101100 01100101 00100000 01100110 01101111 01110010 00100000 01110100 01101000 01100101 00100000 01000010 01101001 01110100 01100011 01101111 01101001 01101110 01101001 01100011 01100001 00100000 01101000 01100001 01100011 01101011 00100000 01110011 01100101 01101110 01110100 00100000 01101111 01110101 01110100 00100000 01100001 00100000 01101101 01100101 01110011 01110011 01100001 01100111 01100101 00100000 01110101 01110011 01101001 01101110 01100111 00100000 01100011 01101111 01101001 01101110 01110011 00100000 01100001 01110011 00100000 01100001 00100000 01100010 01101001 01101110 01100001 01110010 01111001 00100000 01101101 01100101 01110011 01110011 01100001 01100111 01100101 00101110 00001101 00001010
February 26, 2013, 01:54:55 PM
I foresee that in the coming years of hyperinflation (FED has produced 3x times of money in a very short time, they will pour out soon), there will be more merchants claim that "we only accept bitcoin" 
Do you see it happening before 2015?
Its pretty much an inverse reaction. The more dollars get unpopular, the more bitcoin gets popular.
February 26, 2013, 12:33:15 AM
I don't know of other instances of this, but here is a message sent through Bitcoin transactions.
yocko06 sent me the satoshi sequence 20,8,1,14,11,1,1,25,15,21
The alphabet goes A=1 -> Z=26
two 1s in a row is a space, AA=28
'THANK YOU' sent through Bitcoin transactions.
yocko06 sent me the satoshi sequence 20,8,1,14,11,1,1,25,15,21
The alphabet goes A=1 -> Z=26
two 1s in a row is a space, AA=28
'THANK YOU' sent through Bitcoin transactions.
February 25, 2013, 06:46:55 PM
I foresee that in the coming years of hyperinflation (FED has produced 3x times of money in a very short time, they will pour out soon), there will be more merchants claim that "we only accept bitcoin"
Do you see it happening before 2015?
February 25, 2013, 06:24:21 PM
If we could find some good use of bitcoin even when the exchange price is 0, then it will flourish for sure
Bitcoins can be sent in very small amounts. I could send a message using bitcoin transactions.
E would be the lowest, at one satoshi, and Z would be twenty-six (based on this https://i.imgur.com/H5yqeKX.png). Spaces and punctuation could be accounted for too, but would cost extra to communicate. I could send a message in this way by a series of transactions in very small denominations. You would pay a few thousand satoshi to have a method of communication that is completely anonymous.
If the two communicating nodes had an agreed upon cipher they could encode messages in the values sent, and nobody watching would know what was being said, or who was saying it.
I would put money into Bitcoins just to be able to do that.
I would pay someone to develop an easy to use anon msg service though bitcoin. this would help bitcoin grow by huge proportions. It would need to work on mobile devices though.
February 25, 2013, 05:09:29 PM
"What is it good for if it is worth 0" is the same as saying "What is it good for when no one on Earth thinks it's good for anything or has any chance of being worth anything again".
You and/or your friends should instead spend time coming to grips with why people value it in order to see that they aren't all going to stop valuing it randomly at some point in the future.
You and/or your friends should instead spend time coming to grips with why people value it in order to see that they aren't all going to stop valuing it randomly at some point in the future.
February 25, 2013, 04:41:54 PM
I foresee that in the coming years of hyperinflation (FED has produced 3x times of money in a very short time, they will pour out soon), there will be more merchants claim that "we only accept bitcoin"
Do you see it happening before 2015?
February 25, 2013, 02:03:00 AM
Do you really want a house that has a market price of 0 by the way? A 'house' is not always a house.
If it looks like and acts like a house, then it's a house.
February 24, 2013, 10:35:14 PM
I don't know about the coin itself, but I imagine one could hang themselves with the cord to their mining rig...
February 24, 2013, 10:34:07 PM
I foresee that in the coming years of hyperinflation (FED has produced 3x times of money in a very short time, they will pour out soon), there will be more merchants claim that "we only accept bitcoin"
February 24, 2013, 10:21:35 PM
Anyway, as long as this community is here, it won't
If this community is what gives value to bitcoin, what happens if it fails? The time is getting short for a valid explanation to be brought to light on this. I think it needs to be an open source solution.
This community stands for the spiritual support that believe in the bitcoin's long term success
And this spiritual support will not disappear as long as there are people who do not believe in today's debt based monetary system/infinite growth and do not want their financial freedom to be controlled by FED
February 24, 2013, 06:54:43 PM
When the dollar was worth zero, i'd probably exchange to euros instead 
February 24, 2013, 01:23:56 PM
What can you do with your fiat when the government calls a "bank holliday" and devalues your money to 0 ?
If you dont have a card and no checks that happens every Sunday in the Western World.
Cash still works.
Then the bank would not be required.
Jump to: