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A Resource Based Economy Economics
I'm describing money which by it's nature causes nominal interest rates to reach…
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n/a | Impaler | December 23, 2013, 09:40:42 PM |
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bitcoin bear chart Speculation
Silk Roads money either being seized by Feds or moved to thwart seizure seems li…
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n/a | Impaler | December 22, 2013, 11:07:39 PM |
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A Resource Based Economy Economics
LightRider: All value is subjective under ANY system, even knowing/cataloging e…
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n/a | Impaler | December 22, 2013, 12:44:52 PM |
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Why Bitcoin is ultimately doomed to fail (not today or tomorrow) Economics
Desik: Your premise is wrong, 'coins from the US mint' are legal tender YES bec…
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n/a | Impaler | December 21, 2013, 08:33:04 PM |
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A Resource Based Economy Economics
The quality of the money is not the problem, it is the fact that money distorts…
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n/a | Impaler | December 21, 2013, 08:01:24 PM |
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A Resource Based Economy Economics
Impaler, nothing in what you have said speaks to real human needs and the preser…
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n/a | Impaler | December 20, 2013, 06:11:02 PM |
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A Resource Based Economy Economics
The central problem with Capitalism, indeed the CORE of Capitalism is INTEREST o…
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n/a | Impaler | December 20, 2013, 05:46:10 PM |
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A Resource Based Economy Economics
blah blahLOL. You should really limit yourself to no more than one rock before…
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n/a | Impaler | December 19, 2013, 09:40:23 PM |
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Serious bitcoin price discussion. Bears only please. How far will it drop? Speculation
Were in an upward trend in available coins on Gox that goes back to the start of…
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n/a | Impaler | December 19, 2013, 08:55:28 PM |
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A Resource Based Economy Economics
LightRider: I'm not going to defend Capitalism to you, it is a horribly brutal…
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n/a | Impaler | December 19, 2013, 06:34:25 PM |
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Proof-of-Stake is a Bad Idea.Proof-of-stake coins are potentially limitless qty! Bitcoin Discussion
As far as I know, there is no coin that supports PoS without inflation. It would…
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n/a | Impaler | December 17, 2013, 06:11:58 PM |
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Proof-of-Stake is a Bad Idea.Proof-of-stake coins are potentially limitless qty! Bitcoin Discussion
If one wants a non expending money supply with a PoS system it is a simple matte…
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n/a | Impaler | December 17, 2013, 06:01:27 PM |
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lol @ "buying and holding is the best strategy" Speculation
When Hash rates peak and show a decline THAT is your unambiguous signal to GTFO,…
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n/a | Impaler | December 16, 2013, 11:21:23 PM |
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"Backing" - what does this actually MEAN? Economics
A number of replies are coming from people who feel the need to disprove somethi…
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n/a | Impaler | December 16, 2013, 08:59:45 PM |
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Why bitcoin's exchange rate won't drop too much Economics
For the last time jonnyj, you need to stop polluting this forum with your posts,…
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n/a | Impaler | December 16, 2013, 07:00:12 PM |
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Bitcoin crashing or slowly deflating, or just a lull? Economics
We can't be at a stable price when mining is still profitable, squeeze out all t…
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n/a | Impaler | December 16, 2013, 06:57:18 PM |
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Why Bitcoin Will Never Be a Currency—in 2 Charts Economics
Actually BTC DOSE have a Central Banker, it is just a mindless unresponsive piec…
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n/a | Impaler | December 16, 2013, 06:50:55 PM |
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"Backing" - what does this actually MEAN? Economics
It simply HAS a backing is all I'm saying, their exists a structure that tries t…
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n/a | Impaler | December 16, 2013, 12:18:34 AM |
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"Backing" - what does this actually MEAN? Economics
"Backing" is a solution to a problem that Bitcoin doesn't have. The reason you w…
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n/a | Impaler | December 16, 2013, 12:09:24 AM |
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"Backing" - what does this actually MEAN? Economics
a dollar is a bearer bond that can extinguish a Dollar of DEBT, debt in the form…
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n/a | Impaler | December 15, 2013, 06:06:57 PM |
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Why Bitcoin is ultimately doomed to fail (not today or tomorrow) Economics
Just get it over with and kick anth0ny from the thread, the guy is seriously sta…
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n/a | Impaler | December 15, 2013, 05:48:26 PM |
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"Backing" - what does this actually MEAN? Economics
Fiat currency is backed by the threat that if you don't have some to give to the…
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n/a | Impaler | December 13, 2013, 11:25:17 PM |
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Medium of Exchange vs Store of Value - and effect on BTC worth Economics
Ok, let's start again. A currency in the gold standard is backed up by gold, rig…
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n/a | Impaler | December 11, 2013, 06:40:19 PM |
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Bitcoin transfers wealth from poor to wealthy Economics
Gesell has a whole proposal to address land ownership and how it should be taxed…
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n/a | Impaler | December 11, 2013, 12:22:32 AM |
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What happens if traditional bankers kidnaps Bitcoin ? Economics
The exact same thing that happens when early adopters did exactly that, artifici…
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n/a | Impaler | December 10, 2013, 10:20:43 PM |
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Bitcoin is not scarce. Economics
Price != Value Markets only discover and assign prices to things, they can no…
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n/a | Impaler | December 10, 2013, 09:48:13 PM |
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Bitcoin transfers wealth from poor to wealthy Economics
godislove: You should focus on INTEREST, that is the real transfer of wealth in…
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n/a | Impaler | December 10, 2013, 05:10:22 PM |
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Why Bitcoin cant be Money. Economics
Beauty is entirely subjective. There is no way to agree on the beauty of somethi…
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n/a | Impaler | December 10, 2013, 05:02:34 PM |
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Why Bitcoin cant be Money. Economics
Guys talks about how intrinsic value is related directly to utility.Does he real…
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n/a | Impaler | December 10, 2013, 04:58:51 PM |
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POBC says China no longer stockpiling USD [Nov. 20, 2013] Economics
So let me get this strait, the Chinese kept their currency artificially low and…
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n/a | Impaler | December 08, 2013, 03:06:17 PM |
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Medium of Exchange vs Store of Value - and effect on BTC worth Economics
Impaler was absolutely wrong about security of Bitcoin adding nothing to its str…
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n/a | Impaler | December 08, 2013, 02:55:38 PM |
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Medium of Exchange vs Store of Value - and effect on BTC worth Economics
anything from precious metals, to fine art, to wine) are neither inherently secu…
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n/a | Impaler | December 08, 2013, 03:19:51 AM |
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Medium of Exchange vs Store of Value - and effect on BTC worth Economics
the security features you are describing are not inherent to the currency itself…
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n/a | Impaler | December 08, 2013, 03:00:31 AM |
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It's over. Bitcoin is finished. Speculation
Again, I'm forced to ask: Regardless of whether or not it would be possible or p…
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n/a | Impaler | December 08, 2013, 02:35:59 AM |
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Why Bitcoin will collapse in price. Economics
porc: Governments do not gain from inflation. Governments borrow money at inte…
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n/a | Impaler | December 08, 2013, 02:24:55 AM |
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Borrowed $1,000,000 (1 million dollars) from my dad to invest in BTC (serious) Speculation
People should realize that in order to sustain this $1k valuation of BTC, you wo…
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n/a | Impaler | December 08, 2013, 02:07:12 AM |
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Medium of Exchange vs Store of Value - and effect on BTC worth Economics
Any currency must first qualified as a store of value (during a long period), an…
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n/a | Impaler | December 08, 2013, 01:54:50 AM |
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Medium of Exchange vs Store of Value - and effect on BTC worth Economics
Actually stores of value need neither, though our disagreement may be at least p…
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n/a | Impaler | December 08, 2013, 01:46:27 AM |
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November 2013 Bubble Analysis Speculation
Just noticed something VERY interesting, each Bubble is preceded by ~6 months by…
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n/a | Impaler | December 07, 2013, 08:54:24 PM |
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Why Bitcoin will collapse in price. Economics
What we would need to get around the capitol-gains tax issue is a Stable-value,…
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n/a | Impaler | December 07, 2013, 02:52:46 PM |
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Medium of Exchange vs Store of Value - and effect on BTC worth Economics
We each hold our own coins. Not some bank. Anyone who lets others handle their m…
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n/a | Impaler | December 07, 2013, 02:39:36 PM |
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Medium of Exchange vs Store of Value - and effect on BTC worth Economics
You confuse BACKING with SECURITY, Backing a Currency means giving it value, gov…
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n/a | Impaler | December 07, 2013, 02:28:15 PM |
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Medium of Exchange vs Store of Value - and effect on BTC worth Economics
We each hold our own coins. Not some bank. Anyone who lets others handle their m…
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n/a | Impaler | December 07, 2013, 01:58:45 PM |
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Medium of Exchange vs Store of Value - and effect on BTC worth Economics
What happens when the government is the thief?Cyprus was just a test case. All m…
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n/a | Impaler | December 07, 2013, 01:46:05 PM |
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Medium of Exchange vs Store of Value - and effect on BTC worth Economics
Been over this countless times just in the short while I have been on the board.…
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n/a | Impaler | December 07, 2013, 01:34:39 PM |
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Speculate: When will the GOX $500 dollar barrier be broken? Speculation
Looking at coin and USD depth is usually a strong predictor of prices, we now ha…
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n/a | Impaler | December 06, 2013, 08:57:18 PM |
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Borrowed $1,000,000 (1 million dollars) from my dad to invest in BTC (serious) Speculation
People should realize that in order to sustain this $1k valuation of BTC, you wo…
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n/a | Impaler | December 06, 2013, 05:40:33 PM |
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Borrowed $1,000,000 (1 million dollars) from my dad to invest in BTC (serious) Speculation
People should realize that in order to sustain this $1k valuation of BTC, you wo…
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n/a | Impaler | December 06, 2013, 05:15:10 PM |
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Transactions as Proof of Stake White Paper Bitcoin Discussion
I described negative, not zero, transaction fees as a subsidy. Please re-read my…
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n/a | Impaler | December 04, 2013, 06:45:07 PM |
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Transactions as Proof of Stake White Paper Bitcoin Discussion
After some consideration I have decided to replace proof-of-work all together an…
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n/a | Impaler | December 04, 2013, 01:00:38 AM |
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Transactions as Proof of Stake White Paper Bitcoin Discussion
I did not want to get into Freicoin on your thread but it seems to have confused…
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n/a | Impaler | December 04, 2013, 12:32:29 AM |
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Transactions as Proof of Stake White Paper Bitcoin Discussion
Mint: I'm disappointed in you, you have clearly failed to do your research on F…
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n/a | Impaler | December 03, 2013, 06:56:19 PM |
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[CHART] Market Price vs Number of Transactions. Why it's a speculative bubble Economics
Not to mention much of the increased transaction volume is the speculative tradi…
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n/a | Impaler | December 03, 2013, 05:49:18 PM |
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Killer Features for a Next Gen Cryptocurrency Altcoin Discussion
Stable valuation created from dynamic and decentralized adjustment of monetary b…
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n/a | Impaler | December 03, 2013, 02:11:29 AM |
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Transactions as Proof of Stake White Paper Bitcoin Discussion
I'm very hopeful that this solution proves workable as I would like to see it us…
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n/a | Impaler | December 02, 2013, 11:41:52 PM |
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Alex jones calls Bitcoin a "Bubble" & "Globalist NWO" Creation Off-topic
I like how people who try to appear even more whacked out of their minds accuse…
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n/a | Impaler | December 02, 2013, 11:00:46 PM |
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Please Read!! Help Stop This Madness. Economics
Frankly your Economics department is correct in each of it's criticisms, you may…
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n/a | Impaler | December 02, 2013, 06:33:30 PM |
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Will the IRS want Bitcoins or US Dollars when paying taxes? Economics
Miners who sell their coins though DO need to pay taxes.
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n/a | Impaler | November 30, 2013, 09:57:12 PM |
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Bitcoin is NOT deflationary. Economics
Velocity can not continue upward forever, Sure it can go a lot higher then it is…
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n/a | Impaler | November 30, 2013, 09:53:16 PM |
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Is Bitcoin a Pyramid or Ponzi scheme & what are the ramifications? Economics
Impaler: My take is that you and mint are essentially arguing the same point.You…
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n/a | Impaler | November 30, 2013, 09:38:11 PM |
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FRC GIVEAWAY - 1000 FRC Altcoin Discussion
Might as well, In the SigAlso people may want to have a look at Joe's Faucet, 1…
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n/a | Impaler | November 30, 2013, 06:55:33 PM |
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Oh please, Bitcoin is NOT deflationary. Bitcoin Discussion
deisik: I feel your pain, debating these Troglodytes.That said I think the Quan…
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n/a | Impaler | November 30, 2013, 01:52:21 PM |
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Is Bitcoin a Pyramid or Ponzi scheme & what are the ramifications? Economics
Mint: If your arguing that hard money will be rejected by the people and can on…
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n/a | Impaler | November 30, 2013, 01:15:07 PM |
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Is Bitcoin a Pyramid or Ponzi scheme & what are the ramifications? Economics
Mint: Your rambling about government when my argument is about money. But it's…
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n/a | Impaler | November 29, 2013, 07:44:07 PM |
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Is Bitcoin a Pyramid or Ponzi scheme & what are the ramifications? Economics
Outlawing debt and usury can't work.I'd agree with this statement only because y…
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n/a | Impaler | November 29, 2013, 01:00:45 AM |
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Naked Capitalism article Economics
The btc/fiat fx rate volatility is present only during Bitcoin's exponential gro…
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n/a | Impaler | November 29, 2013, 12:52:06 AM |
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Is Bitcoin a Pyramid or Ponzi scheme & what are the ramifications? Economics
The historic norm is a non-collectivist, self-sufficient life where the only thi…
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n/a | Impaler | November 28, 2013, 11:46:48 PM |
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Imagine if you had some gold... Economics
Buh? Printing money does cause inflation. That's what inflation is.Inflation is…
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n/a | Impaler | November 27, 2013, 03:05:41 PM |
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Are terms pyramid scheme and ponzi scheme misused? Economics
Good work npl, a .30 cent transaction fee is already starting to get heavy, the…
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n/a | Impaler | November 27, 2013, 02:04:00 PM |
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Ideas for more efficient distribution of money? Economics
Provide a convincing cover story. You know that story about a fixed supply of 21…
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n/a | Impaler | November 26, 2013, 10:59:30 PM |
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Are terms pyramid scheme and ponzi scheme misused? Economics
What makes bitcoin unsustainable? The fact that it will some day stop rising in…
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n/a | Impaler | November 26, 2013, 09:40:25 PM |
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Are terms pyramid scheme and ponzi scheme misused? Economics
Oh! I thought by "society" you meant "society," as in the socialism-voting middl…
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n/a | Impaler | November 26, 2013, 09:07:10 PM |
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An Electronic Currency That Could Save The Economy - And It's Not Bitcoin Bitcoin Discussion
http://www.scribd.com/doc/186071279/Hop-System-for-Store-of-USD-ValueYou guys mi…
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n/a | Impaler | November 26, 2013, 02:30:07 AM |
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Do you want to pay the fee? Bitcoin Discussion
I would like to point out that from a purely economic standpoint, transaction fe…
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n/a | Impaler | November 26, 2013, 12:25:26 AM |
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Bitcoin isn't worth it for consumers. And that will stop adoption. Bitcoin Discussion
Actually the chargebacks could be accomplished decentralized with Bitcoin's M of…
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n/a | Impaler | November 26, 2013, 12:03:28 AM |
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Do you want to pay the fee? Bitcoin Discussion
I would like to point out that from a purely economic standpoint, transaction fe…
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n/a | Impaler | November 25, 2013, 11:40:28 PM |
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An Electronic Currency That Could Save The Economy - And It's Not Bitcoin Bitcoin Discussion
This thread on our forums is where I did most of the brainstorming, ultimately I…
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n/a | Impaler | November 25, 2013, 11:00:21 PM |
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Is approval by miners needed to switch to proof-of-stake? Bitcoin Discussion
Holders of BTC have no influence in a fork, it's the EXCHANGERS of BTC that dete…
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n/a | Impaler | November 25, 2013, 06:10:04 PM |
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An Electronic Currency That Could Save The Economy - And It's Not Bitcoin Bitcoin Discussion
One more thing, why do all the banksters steal our wealth, time, industry and pe…
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n/a | Impaler | November 25, 2013, 05:51:39 PM |
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An Electronic Currency That Could Save The Economy - And It's Not Bitcoin Bitcoin Discussion
From my reading of all of these statements about governments and financial insti…
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n/a | Impaler | November 25, 2013, 05:28:30 PM |
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An Electronic Currency That Could Save The Economy - And It's Not Bitcoin Bitcoin Discussion
One more thing, why do all the banksters steal our wealth, time, industry and pe…
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n/a | Impaler | November 25, 2013, 05:16:03 PM |
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Factors That Make One Cryptocurrency Worth More Than Another Economics
Name recognition, longevity and first mover advantage.THIS, first-mover-advantag…
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n/a | Impaler | November 25, 2013, 04:32:39 PM |
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Bitcoin's Real Value, Quantitative Analysis Economics
Their is one huge glaring problem with your whole theoretical frameworkCOSTS !=…
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n/a | Impaler | November 25, 2013, 04:11:08 PM |
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Forbes article on bitcoin Speculation
CR: BTC is Fiat as is not backed by anything, it's simply programmer-fiat rathe…
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n/a | Impaler | November 25, 2013, 02:03:47 AM |
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Are terms pyramid scheme and ponzi scheme misused? Economics
Yes some business will initially plow all their Revenue back into expansion and…
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n/a | Impaler | November 24, 2013, 11:27:48 PM |
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Data collection (survey) for my final dissertation - no more than 5 minutes! Bitcoin Discussion
Frankly the driving factor in BTC adoption is the users political/economic stanc…
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n/a | Impaler | November 24, 2013, 10:38:11 PM |
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An Electronic Currency That Could Save The Economy - And It's Not Bitcoin Bitcoin Discussion
I'm still not seeing a difference, possibly because we haven't agreed on the ter…
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n/a | Impaler | November 24, 2013, 10:09:39 PM |
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An Electronic Currency That Could Save The Economy - And It's Not Bitcoin Bitcoin Discussion
It is a common misconception that demurrage is identical to inflation in it's ef…
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n/a | Impaler | November 24, 2013, 05:19:49 PM |
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An Electronic Currency That Could Save The Economy - And It's Not Bitcoin Bitcoin Discussion
Such a currency already exists, it's called Freicoin. Did you read the article?F…
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n/a | Impaler | November 24, 2013, 11:38:01 AM |
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Jessica Irvine "Trust me" (But I don't have a clue what I am talking about) Bitcoin Discussion
First, scarcity. While the number of bitcoins is supposed to stop at 21 million,…
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n/a | Impaler | November 23, 2013, 11:58:06 PM |
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Are terms pyramid scheme and ponzi scheme misused? Economics
I've been a principle driver of the argument that BTC is a Pyramid scheme, so I…
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n/a | Impaler | November 23, 2013, 06:35:52 PM |
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Ideas for more efficient distribution of money? Economics
Freicoin plans to use a combination of three distribution systemsTraditional min…
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n/a | Impaler | November 22, 2013, 10:38:43 PM |
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Hash influences price or the other way around? Statistical result: Economics
What you really want to look at is the PROFIT of mining. High profitability min…
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n/a | Impaler | November 22, 2013, 07:35:56 PM |
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Governments will collaboratively create their own crypto-currency in 10 years Economics
A government isn't going to use a 'proof-of' type systems if they were to go dig…
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n/a | Impaler | November 22, 2013, 07:05:37 PM |
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Is Bitcoin a Ponzi scheme & what are the ramifications? Economics
Well frankly your fighting a Balrog here, but you might as well use a fork rathe…
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n/a | Impaler | November 21, 2013, 02:33:28 AM |
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Is Bitcoin a Ponzi scheme & what are the ramifications? Economics
It would be better described as a Pyramid scheme, which is similar to but distin…
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n/a | Impaler | November 21, 2013, 02:24:07 AM |
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Is Bitcoin a Ponzi scheme & what are the ramifications? Economics
It would be better described as a Pyramid scheme, which is similar to but distin…
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n/a | Impaler | November 21, 2013, 01:41:53 AM |
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put on your tinfoil hats. I think I've gone over the edge. Speculation
Real companies do real business and turn a profit. And they then pay dividends…
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n/a | Impaler | November 20, 2013, 04:51:59 PM |
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Bears Bunker - Official thread Speculation
While Gox is no longer the Market maker it used to be the fact that USD depth th…
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n/a | Impaler | November 20, 2013, 04:41:47 PM |
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put on your tinfoil hats. I think I've gone over the edge. Speculation
oh yea and another reason i think something is off is due to no one knowing who…
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n/a | Impaler | November 20, 2013, 04:24:35 PM |
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