Topic: Why I still h ave faith in bitcoin's value - page 2. (Read 3694 times)
It would be fun to read what they say about these events in the history books (or whatever they use by then) of some hundred years in the future
I find it funny too that the last trade is 15.40 on Tradehill, yet everyone thinks it is going to zero...
Oh, about volume, since it isn't the same volume as Mt.Gox, I guess it would be easier to crush to zero, but jeeze, just doesn't seem to be happening.
It's okay, we'll wait while all the CRASH CRASH CRASH fanatics readjust their theories... comon boys, if it is so easy - why am I not seeing it trade at 1? 0.50? 0.01?
Oh, about volume, since it isn't the same volume as Mt.Gox, I guess it would be easier to crush to zero, but jeeze, just doesn't seem to be happening.
It's okay, we'll wait while all the CRASH CRASH CRASH fanatics readjust their theories... comon boys, if it is so easy - why am I not seeing it trade at 1? 0.50? 0.01?
+1
I find it funny too that the last trade is 15.40 on Tradehill, yet everyone thinks it is going to zero...
Oh, about volume, since it isn't the same volume as Mt.Gox, I guess it would be easier to crush to zero, but jeeze, just doesn't seem to be happening.
It's okay, we'll wait while all the CRASH CRASH CRASH fanatics readjust their theories... comon boys, if it is so easy - why am I not seeing it trade at 1? 0.50? 0.01?
Oh, about volume, since it isn't the same volume as Mt.Gox, I guess it would be easier to crush to zero, but jeeze, just doesn't seem to be happening.
It's okay, we'll wait while all the CRASH CRASH CRASH fanatics readjust their theories... comon boys, if it is so easy - why am I not seeing it trade at 1? 0.50? 0.01?
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"How do you eat an elephant? One bit at a time..."
Bitcoins are in fact like religion because the faith of the people who believe in it give bitcoin it's value. In that aspect bitcoin is very much like a religion. Only difference is that this religion will actually save lives when the world's fiat currencies start collapsing whereas others will tell them to pray for a change.
Yes, and here are additional reasons:
Bitcoin: A New Commodity Created To Serve Market Demand
http://economicsandliberty.wordpress.com/2011/06/22/bitcoin-a-new-commodity-created-to-serve-market-demand/
Forcing everyone to invest in their own sustainable energy, and thus be more secure?
I think that's a fantastic idea.
I think that's a fantastic idea.
Only difference is that this religion will actually save lives when the world's fiat currencies start collapsing whereas others will tell them to pray for a change.
How will bitcoins save you? So let me get this straight, the fiat currencies collapse essentially causing mass panic and destruction but 1) you have electricity, 2) a working internet and 3) someone willing to exchange tangible goods for survival for your bits of code.
Hookay. Goodluck with that.
Bitcoins are in fact like religion because the faith of the people who believe in it give bitcoin it's value. In that aspect bitcoin is very much like a religion. Only difference is that this religion will actually save lives when the world's fiat currencies start collapsing whereas others will tell them to pray for a change.
edited: Derp. Misread you.
Bitcoins are in fact like religion because the faith of the people who believe in it give bitcoin it's value. In that aspect bitcoin is very much like a religion. Only difference is that this religion will actually save lives when the world's fiat currencies start collapsing whereas others will tell them to pray for a change.
+1
Bitcoins are like a religon,
They always have there little bumps.
Satoshi will reveal himself as the second coming of Christ in 2012.Bitcoins are like a religon,
They always have there little bumps.
And satoshi pulls off his mask and it's THE REANIMATED CORPSE OF JOHN MAYNARD KEYNES OH GOD WE WERE SO FOOLISH NOOOOOOO
+1
Bitcoins are like a religon,
They always have there little bumps.
Satoshi will reveal himself as the second coming of Christ in 2012. Bitcoins are like a religon,
They always have there little bumps.
Volume? Where are we going we don't need volume!
And yet bitcoins are still trading around 14-15 bucks each.
Volume?
And yet bitcoins are still trading around 14-15 bucks each.
And yet bitcoins are still trading around 14-15 bucks each.
Volume?
+1
Bitcoins are like a religon,
They always have there little bumps.
Bitcoins are like a religon,
They always have there little bumps.
So we just had a pretty bad week.
me in particular. I finally get real money invested in the system and the largest exchange crashes. Fun fun, but I digress.
We had the largest exchange hacked, the market flooded, security compromised, prices drop to pennies, intentions of traders questioned, and all manner of horrors in a short period of time.
And yet bitcoins are still trading around 14-15 bucks each. If bitcoins can survive that with really no total loss of value, then they're hardier than many people have given them credit for.
Long live the bitcoin!
me in particular. I finally get real money invested in the system and the largest exchange crashes. Fun fun, but I digress.
We had the largest exchange hacked, the market flooded, security compromised, prices drop to pennies, intentions of traders questioned, and all manner of horrors in a short period of time.
And yet bitcoins are still trading around 14-15 bucks each. If bitcoins can survive that with really no total loss of value, then they're hardier than many people have given them credit for.
Long live the bitcoin!
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