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The Supply of Bitcoin Is Limited. The Supply of Cryptos Isn't! Economics
This is a thoughtful post, thank you.I still contend that the value of gold and…
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n/a | BobK71 | October 25, 2017, 08:09:27 AM |
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The Supply of Bitcoin Is Limited. The Supply of Cryptos Isn't! Economics
The third scenario is the one you presented in your first post, the fourth is go…
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n/a | BobK71 | October 24, 2017, 04:07:39 PM |
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The Real Reason for Bitcoin's Rise Economics
The world has started to realize how bitcoins plays in the world today... Many c…
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n/a | BobK71 | October 24, 2017, 04:05:30 PM |
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The Supply of Bitcoin Is Limited. The Supply of Cryptos Isn't! Economics
I think they will not just print out a lot of dollars since it will damage the e…
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n/a | BobK71 | October 24, 2017, 11:21:15 AM |
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The Supply of Bitcoin Is Limited. The Supply of Cryptos Isn't! Economics
Do not get me wrong I know they are bought, I was just pointing out the directio…
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n/a | BobK71 | October 18, 2017, 07:38:33 AM |
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Will bitcoin change the distribution of wealth in the world? Economics
Does anyone have information whether bitcoin would distribute wealth more equall…
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n/a | BobK71 | October 17, 2017, 07:53:37 AM |
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The Great Reflation Is Underway Economics
...BobK71 just wrote:"As I wrote in other posts, this will unfortunately be a mu…
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n/a | BobK71 | October 16, 2017, 07:38:07 AM |
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The Great Reflation Is Underway Economics
I had to search the meaning of the word Reflation. Wiki:QuoteReflation is the ac…
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n/a | BobK71 | October 13, 2017, 11:27:05 AM |
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The Supply of Bitcoin Is Limited. The Supply of Cryptos Isn't! Economics
The thing is, we do not even know if Bitcoin is going to be the coin which survi…
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n/a | BobK71 | October 11, 2017, 07:58:00 AM |
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The Great Reflation Is Underway Economics
This is all by design. The modern system is designed to take wealth automatical…
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n/a | BobK71 | October 10, 2017, 08:05:44 AM |
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The Supply of Bitcoin Is Limited. The Supply of Cryptos Isn't! Economics
What you said it is correct but we are still very far to reach that point, when…
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n/a | BobK71 | October 10, 2017, 07:37:35 AM |
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The Supply of Bitcoin Is Limited. The Supply of Cryptos Isn't! Economics
Bastards control us because we allow them to do so. Look how many people on the…
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n/a | BobK71 | October 09, 2017, 04:05:18 PM |
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The Supply of Bitcoin Is Limited. The Supply of Cryptos Isn't! Economics
But the only problem is gold and silver, along with other precious stones and me…
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n/a | BobK71 | October 09, 2017, 01:14:21 PM |
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The Supply of Bitcoin Is Limited. The Supply of Cryptos Isn't! Economics
So, I'm still thinking that gold and silver, whose scarcity is secured by physic…
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n/a | BobK71 | October 09, 2017, 11:44:34 AM |
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The Supply of Bitcoin Is Limited. The Supply of Cryptos Isn't! Economics
Thank you all for many thoughtful comments. I'll try to respond to some individ…
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n/a | BobK71 | October 09, 2017, 08:10:32 AM |
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The Supply of Bitcoin Is Limited. The Supply of Cryptos Isn't! Economics
So, if Bitcoin really takes off, we think we have an honest, state-free money. …
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n/a | BobK71 | October 06, 2017, 04:35:06 PM |
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The Great Reflation Is Underway Economics
There is a certain amount to be said for owning revenue generating property in w…
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n/a | BobK71 | October 05, 2017, 10:46:44 PM |
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The Great Reflation Is Underway Economics
It is never that far away and it will always happen, well for quite some time. P…
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n/a | BobK71 | October 05, 2017, 02:05:36 PM |
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The Great Reflation Is Underway Economics
I have no idea how big the role the Elite plays in Bitcoin, but I do accept the…
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n/a | BobK71 | October 05, 2017, 12:13:56 PM |
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The Great Reflation Is Underway Economics
If the so called elites are buying bitcoin instead of banning it, it just makes…
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n/a | BobK71 | October 04, 2017, 08:17:42 AM |
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The Great Reflation Is Underway Economics
I find parts of your post really interesting, as it's an eloquent statement of i…
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n/a | BobK71 | October 03, 2017, 08:47:49 PM |
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The Great Reflation Is Underway Economics
Interesting that you would call it that lol. I hear that it's a deflationary cur…
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n/a | BobK71 | October 03, 2017, 12:13:47 PM |
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The Great Reflation Is Underway Economics
Your post was very quickly buried by spammers inhabiting this section. They appe…
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n/a | BobK71 | October 03, 2017, 12:03:45 PM |
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The Great Reflation Is Underway Economics
Reflation is hard to exist in the economy. I totally understand, 9 long years af…
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n/a | BobK71 | September 29, 2017, 01:54:16 PM |
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The Great Reflation Is Underway Economics
Which assets will do well *after* everyone knows about the reflation?Obviously,…
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n/a | BobK71 | September 29, 2017, 08:07:09 AM |
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Bitcoin Is Not Really A Good Money Economics
Most of replies to your qoute "Bitcoin is not really a Good Money" No Bitcoin i…
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n/a | BobK71 | September 29, 2017, 08:00:33 AM |
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The Great Reflation Is Underway Economics
So what will be the consequences of reflation?We'll see high inflation for a whi…
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n/a | BobK71 | September 28, 2017, 05:21:58 PM |
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The Great Reflation Is Underway Economics
Money, debt, and finance can get as complicated as you want. But they can also…
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n/a | BobK71 | September 27, 2017, 09:14:02 PM |
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The Great Reflation Is Underway Economics
There's a very human tendency to define conceptual abstracts in terms of polar i…
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n/a | BobK71 | September 28, 2017, 09:06:32 AM |
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Jamie Dimon Calls Bitcoin A 'Fraud' Economics
See news report here.His point that governments will never allow Bitcoin to take…
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n/a | BobK71 | September 26, 2017, 07:53:21 AM |
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Bitcoin Is Not Really A Good Money Economics
If it's not a good money, Maybe we can ask now why Jaime Bought bitcoins last ti…
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n/a | BobK71 | September 25, 2017, 11:46:25 AM |
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The Real Reason for Bitcoin's Rise Economics
For all of you who think Bitcoin rose because of free-market supply and demand (…
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n/a | BobK71 | September 19, 2017, 06:53:49 PM |
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The Real Reason for Bitcoin's Rise Economics
Is this a legit news or one of the conspiracy theories that involves Bitcoin. I…
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n/a | BobK71 | September 18, 2017, 09:54:11 PM |
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The Real Reason for Bitcoin's Rise Economics
From my point of view, so many reasons boost the price of Bitcoin, like the adop…
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n/a | BobK71 | September 18, 2017, 09:40:25 PM |
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The Real Reason for Bitcoin's Rise Economics
The only real solution to this problem, from the elites' point of view, is to in…
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n/a | BobK71 | September 18, 2017, 09:29:13 PM |
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The Real Reason for Bitcoin's Rise Economics
It all sounds logical explanation but a question came to my mind when I read, he…
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n/a | BobK71 | September 18, 2017, 08:59:16 PM |
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The Real Reason for Bitcoin's Rise Economics
Keeping the inflation low and the rising inequality have no relation.These two m…
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n/a | BobK71 | September 18, 2017, 12:01:50 PM |
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The Real Reason for Bitcoin's Rise Economics
Do you have any sources, or is this just a theory?It seems to me like the simple…
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n/a | BobK71 | September 18, 2017, 11:35:18 AM |
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The Real Reason for Bitcoin's Rise Economics
Central banks and other elites have painted themselves into a corner. There is…
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n/a | BobK71 | September 17, 2017, 09:24:58 PM |
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Jamie Dimon Calls Bitcoin A 'Fraud' Economics
See news report here.His point that governments will never allow Bitcoin to take…
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n/a | BobK71 | September 14, 2017, 08:58:25 AM |
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The Real Reason to Hold Gold And Bitcoin Economics
We also have to remember how the system really works, as opposed to how we're to…
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n/a | BobK71 | September 05, 2017, 02:01:28 PM |
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Bitcoin Is Not Really A Good Money Economics
The price growth of bitcoin is inevitable, but that is a good quality only for t…
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n/a | BobK71 | September 05, 2017, 01:47:13 PM |
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Bitcoin Is Not Really A Good Money Economics
The worst kind of fool is an educated fool. Real talk. 😐I totally agree! I have…
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n/a | BobK71 | August 29, 2017, 12:26:41 PM |
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Bitcoin Is Not Really A Good Money Economics
Iwanted to just say that in all reality, the elites aren't affected by bitcoin r…
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n/a | BobK71 | August 29, 2017, 12:21:24 PM |
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Bitcoin Is Not Really A Good Money Economics
One might say world markets decide which money is good or bad. Good money prospe…
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n/a | BobK71 | August 29, 2017, 11:56:00 AM |
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Bitcoin Is Not Really A Good Money Economics
Yes the worst part is that some people figure out that bitcoin was designed to r…
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n/a | BobK71 | August 29, 2017, 11:44:29 AM |
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Bitcoin Is Not Really A Good Money Economics
It doesn't matter even if the elites are gettinf benefits from it who cares bitc…
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n/a | BobK71 | August 29, 2017, 11:19:49 AM |
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Bitcoin Is Not Really A Good Money Economics
First things first: all of gold, silver and Bitcoin are subject to central bank…
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n/a | BobK71 | August 28, 2017, 07:29:21 AM |
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Bitcoin Is Not Really A Good Money Economics
All this reasons that you called are ok, because of, you see, Bitcoin wasn't cre…
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n/a | BobK71 | August 24, 2017, 10:34:31 AM |
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Bitcoin Is Not Really A Good Money Economics
I will only say that bitcoin is not a good money when it has no value anymore. H…
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n/a | BobK71 | August 24, 2017, 07:27:06 AM |
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Bitcoin Is Not Really A Good Money Economics
Imho bitcoin is not a complete money. At least as it is today. Right now it more…
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n/a | BobK71 | August 24, 2017, 07:18:30 AM |
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Bitcoin Is Not Really A Good Money Economics
We can get financial crisis !! Oh come on what are you thinking about bitcoin. T…
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n/a | BobK71 | August 24, 2017, 07:14:57 AM |
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Bitcoin Is Not Really A Good Money Economics
Either we increase the issuance limit from 21 million, or we get a financial cri…
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n/a | BobK71 | August 23, 2017, 07:50:33 AM |
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Bitcoin Is Not Really A Good Money Economics
At some point, the elites will have issued too many IOUs against the Bitcoin in…
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n/a | BobK71 | August 23, 2017, 07:18:49 AM |
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Bitcoin Is Not Really A Good Money Economics
I will contend that.1. Bitcoin has many advantages over both gold and silver. Bi…
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n/a | BobK71 | August 22, 2017, 02:58:52 PM |
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Bitcoin Is Not Really A Good Money Economics
Bitcoin is a modern store of value that will far exceed any other major store of…
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n/a | BobK71 | August 22, 2017, 07:40:49 AM |
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Bitcoin Is Not Really A Good Money Economics
I know, Bitcoin is designed to be as free from central bank and politician contr…
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n/a | BobK71 | August 21, 2017, 03:19:39 PM |
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Bitcoin the new gold Economics
I've been analyzing all this happening with bitcoin and I'm coming to the follow…
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n/a | BobK71 | August 14, 2017, 03:23:27 PM |
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Unrestricted Banking and Problem Banking Economics
War as the ultimate perverse incentives -- quite apt.The great advances in war t…
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n/a | BobK71 | August 14, 2017, 11:52:06 AM |
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Dissecting the Parasitocracy Economics
Royal Caribbean, Princess, Viking and Celebrity all call at St P. Not in winter…
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n/a | BobK71 | August 07, 2017, 03:41:07 PM |
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Dissecting the Parasitocracy Economics
...I'm in Russia now (St Pete via cruise ship with lousy wifi).Things here are a…
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n/a | BobK71 | August 04, 2017, 10:00:58 AM |
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Dissecting the Parasitocracy Economics
Well, I guess this is the first post-Trump comment...Speaking of Trump, perhaps…
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n/a | BobK71 | July 31, 2017, 02:02:49 PM |
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Unrestricted Banking and Problem Banking Economics
Thanks BobK71, more on that below ..... It seems that my joke about the tomatoes…
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n/a | BobK71 | July 31, 2017, 07:46:29 AM |
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The Real Reason to Hold Gold And Bitcoin Economics
Bottom line is, hold both physical gold and Bitcoin. Both have advantages and d…
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n/a | BobK71 | July 26, 2017, 07:33:25 AM |
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The Real Reason to Hold Gold And Bitcoin Economics
Because gold is limited supply and durable but not easily transactable and highl…
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n/a | BobK71 | July 22, 2017, 07:14:18 PM |
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The Real Reason to Hold Gold And Bitcoin Economics
Also, at the moment just to put this into perspective, Bitcoin has a market cap…
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n/a | BobK71 | July 19, 2017, 07:35:23 AM |
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The Real Reason to Hold Gold And Bitcoin Economics
Furthermore, these non-state-issued asset will always growing over time, its val…
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n/a | BobK71 | July 19, 2017, 07:06:33 AM |
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Unrestricted Banking and Problem Banking Economics
...cue laughter. The point I make here is that the economics of monopoly pricing…
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n/a | BobK71 | July 09, 2017, 08:51:39 PM |
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China Moves Closer to Issuing Blockchain-based Currency Economics
Another important thing to note is that Bitcoin is sometimes called gold 2.0.It…
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n/a | BobK71 | July 06, 2017, 08:03:21 AM |
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China Moves Closer to Issuing Blockchain-based Currency Economics
Chinese Central Bank gave many reason for developing their own cryptocurrency li…
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n/a | BobK71 | July 06, 2017, 07:55:46 AM |
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China Moves Closer to Issuing Blockchain-based Currency Economics
This is great news for Bitcoin. At first, you would think this would reduce Chi…
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n/a | BobK71 | July 05, 2017, 03:02:59 PM |
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China Moves Closer to Issuing Blockchain-based Currency Economics
I wonder if there will be a finite supply of this digital Renminbi or will it ju…
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n/a | BobK71 | July 05, 2017, 08:02:38 AM |
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China Moves Closer to Issuing Blockchain-based Currency Economics
Simply, no. This is by no means any sort of good news for bitcoin at all. If any…
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n/a | BobK71 | July 05, 2017, 07:49:45 AM |
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China Moves Closer to Issuing Blockchain-based Currency Economics
See:PBOC Hires Blockchain Engineers for Creating Digital RMBThis is great news f…
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n/a | BobK71 | July 04, 2017, 09:04:55 PM |
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Unrestricted Banking and Problem Banking Economics
@bobk71 - it looks like a race between increasing interest rates and faster circ…
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n/a | BobK71 | July 03, 2017, 11:40:27 AM |
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The Real Reason to Hold Gold And Bitcoin Economics
Quiet (for now) confiscation of almost everyone's assets is well underway (actua…
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n/a | BobK71 | June 30, 2017, 08:12:11 AM |
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The Real Reason to Hold Gold And Bitcoin Economics
...Your "quantitative" abuse of trust is of more interest to me in this conversa…
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n/a | BobK71 | June 29, 2017, 08:56:11 AM |
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The Real Reason to Hold Gold And Bitcoin Economics
Well, FOFOA would say that money (in addition to its three main properties as Un…
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n/a | BobK71 | June 28, 2017, 08:52:25 AM |
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The Real Reason to Hold Gold And Bitcoin Economics
Money is not really based on supply and demand, but on political power and banki…
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n/a | BobK71 | June 27, 2017, 07:28:23 AM |
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The Real Reason to Hold Gold And Bitcoin Economics
Buying tracts of land is ok, but it is not as liquid as bitcoin and gold. It tak…
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n/a | BobK71 | June 23, 2017, 07:36:35 AM |
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Death Is The Price of Imperial Money Economics
... according to me for a major fiat to die, the country of the fiat has to die…
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n/a | BobK71 | June 21, 2017, 03:55:18 PM |
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Death Is The Price of Imperial Money Economics
I can see the USD surviving for at least another 20 years. After the Trump era i…
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n/a | BobK71 | June 21, 2017, 07:44:07 AM |
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Conflict Is the Driving Force behind Bitcoin and Gold Economics
I don't think fixed exchange rate is a good point cause everything should be wit…
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n/a | BobK71 | June 16, 2017, 07:28:22 PM |
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Conflict Is the Driving Force behind Bitcoin and Gold Economics
Nice to see someone invading the economics subforum with posts that actually mea…
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n/a | BobK71 | June 16, 2017, 07:06:38 PM |
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Unrestricted Banking and Problem Banking Economics
I've explained this math up-thread. Government deficit spending translates 1::1…
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n/a | BobK71 | June 14, 2017, 11:09:31 AM |
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Conflict Is the Driving Force behind Bitcoin and Gold Economics
To control bitcoin in the country for the Chinese authorities to no problems. Th…
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n/a | BobK71 | June 13, 2017, 12:05:11 PM |
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The Real Reason to Hold Gold And Bitcoin Economics
So here's the problem with this alliance. When financial asset values collapse…
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n/a | BobK71 | June 12, 2017, 07:47:34 PM |
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Conflict Is the Driving Force behind Bitcoin and Gold Economics
Good points it breaks down the essential point of utility effectively Bitcoin is…
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n/a | BobK71 | June 10, 2017, 07:13:25 AM |
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Conflict Is the Driving Force behind Bitcoin and Gold Economics
OP you forgot to mention that China owns a big part of the USA government debt.U…
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n/a | BobK71 | June 10, 2017, 07:03:34 AM |
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Conflict Is the Driving Force behind Bitcoin and Gold Economics
The more China is in conflict with the US, economically, financially and even mi…
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n/a | BobK71 | June 08, 2017, 09:28:21 AM |
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Unrestricted Banking and Problem Banking Economics
I saw this described (or something similar in Griffin's book, The Creature from…
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n/a | BobK71 | June 07, 2017, 03:58:36 PM |
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Unrestricted Banking and Problem Banking Economics
Central Bankers and their fellow travellers like to talk about economic stabilit…
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n/a | BobK71 | May 31, 2017, 03:55:48 PM |
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The Real Reason to Hold Gold And Bitcoin Economics
Holding bitcoin too long can be risky as we cannot have the same level of confid…
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n/a | BobK71 | May 29, 2017, 02:29:38 PM |
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The Real Reason to Hold Gold And Bitcoin Economics
I cannot understand why OP and some people here are assuming that there is only…
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n/a | BobK71 | May 07, 2017, 04:58:41 AM |
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The fiat-money bubble! Economics
You may like it or not but Bitcoin IS moneyIt is mostly used as a financial asse…
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n/a | BobK71 | April 27, 2017, 06:47:25 PM |
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The fiat-money bubble! Economics
Did the state take over Western Union?It is simply absurd to assert that the sta…
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n/a | BobK71 | April 26, 2017, 03:59:47 PM |
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The fiat-money bubble! Economics
.... till recently governments had monopoly on money issuance since they control…
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n/a | BobK71 | April 26, 2017, 11:31:40 AM |
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The Real Reason to Hold Gold And Bitcoin Economics
I've never seen a shop in my life that accepts gold.On the other side I've seen…
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n/a | BobK71 | April 26, 2017, 07:51:41 AM |
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The fiat-money bubble! Economics
You are as dishonest as alwaysIf so, I have good competition!BTW, last time I ch…
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n/a | BobK71 | April 26, 2017, 07:29:03 AM |
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The fiat-money bubble! Economics
Saying that fiat money is some kind of a bubble is not a right thing, because in…
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n/a | BobK71 | April 25, 2017, 11:39:33 AM |
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