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A modest amount of inflation should be part of bitcoin Economics
[OFFTOPIC]Yes that is the reason. Gold and silver have different properties that…
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n/a | jtimon | May 07, 2011, 09:55:03 AM |
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A modest amount of inflation should be part of bitcoin Economics
Is anyone working on a different chain that shares computing power with the bitc…
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n/a | jtimon | May 06, 2011, 07:51:53 AM |
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Math problem: When would the freicoin money supply converge? Bitcoin Discussion
The block reward is nominally constant, but proportionally to the total supply i…
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n/a | jtimon | May 05, 2011, 01:10:11 PM |
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Math problem: When would the freicoin money supply converge? Bitcoin Discussion
The purchasing power will stay the same if growth equals monetary inflation?This…
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n/a | jtimon | May 05, 2011, 11:16:21 AM |
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Math problem: When would the freicoin money supply converge? Bitcoin Discussion
@Holy-FireI don't understand why you call it inflationary if the monetary base i…
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n/a | jtimon | May 05, 2011, 07:24:13 AM |
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A modest amount of inflation should be part of bitcoin Economics
It's also implausible that BTC would replace all other fiat currencies, as they…
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n/a | jtimon | May 05, 2011, 04:42:19 AM |
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Why can money be made of bits Economics
What I meant but intrinsic value was not an objective value (because value is al…
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n/a | jtimon | May 05, 2011, 04:26:54 AM |
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Math problem: When would the freicoin money supply converge? Bitcoin Discussion
@Holy-FireI don't understand why you call it inflationary if the monetary base i…
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n/a | jtimon | May 05, 2011, 03:00:49 AM |
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Math problem: When would the freicoin money supply converge? Bitcoin Discussion
@LemmihHoarding is not the only way of saving. You can lend the money or store t…
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n/a | jtimon | May 04, 2011, 06:40:17 PM |
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Why can money be made of bits Economics
Ahh, I understand the poll was edited. Yes, the last answer was just added now.B…
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n/a | jtimon | May 04, 2011, 06:18:17 PM |
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Why can money be made of bits Economics
The debate I wanted to open is if money whether needs an "intrinsic value", an "…
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n/a | jtimon | May 04, 2011, 05:25:10 PM |
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A modest amount of inflation should be part of bitcoin Economics
But in this case they have a choice of two currencies so it is a different dynam…
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n/a | jtimon | May 04, 2011, 05:11:15 PM |
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Why can money be made of bits Economics
Bitcoins have value and Nielsio (the "Don't by bitcoins" guy) is wrong. I think…
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n/a | jtimon | May 04, 2011, 03:58:21 AM |
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Why can money be made of bits? Economics
Quotebased on the intrinsic propertiesI thought that was explicit enough.I am me…
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n/a | jtimon | May 04, 2011, 04:34:16 PM |
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20,276,703 USD or 22,529,670 EUR Bitcoin Discussion
Thank you, guys. It just didn't make any sense to me.
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n/a | jtimon | May 04, 2011, 09:59:42 AM |
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Why can money be made of bits? Economics
The correct answer isn't in the poll:Among other things, money must be scarce. (…
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n/a | jtimon | May 04, 2011, 09:55:26 AM |
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Why can money be made of bits? Economics
The correct answer isn't in the poll:Among other things, money must be scarce. (…
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n/a | jtimon | May 04, 2011, 07:02:43 AM |
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Why can money be made of bits? Economics
The correct answer isn't in the poll:Among other things, money must be scarce. (…
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n/a | jtimon | May 04, 2011, 06:35:23 AM |
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20,276,703 USD or 22,529,670 EUR Bitcoin Discussion
That can be found at bitcoinwatch.I don't get it.Google says 1 EUR = 1,4809 USDC…
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n/a | jtimon | May 04, 2011, 05:01:09 AM |
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Economic of Deflationary Spiral Economics
Yes, that is because an 'investment' in the economy money is the same as an 'Gen…
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n/a | jtimon | May 04, 2011, 02:53:41 AM |
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A modest amount of inflation should be part of bitcoin Economics
A deflationary currency promotes saving by increasing the value of the currency…
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n/a | jtimon | May 04, 2011, 02:43:29 AM |
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A modest amount of inflation should be part of bitcoin Economics
inflation does NOT exists with real money (see Gold/Silver/BTC) .. period ... it…
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n/a | jtimon | May 03, 2011, 12:06:54 PM |
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A modest amount of inflation should be part of bitcoin Economics
That makes no sense. Prices are falling due to deflation, so food and shelter is…
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n/a | jtimon | May 03, 2011, 09:19:16 AM |
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A modest amount of inflation should be part of bitcoin Economics
While I roughly agree with the sentiment, it's worth noting that killing people…
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n/a | jtimon | May 03, 2011, 08:44:14 AM |
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A modest amount of inflation should be part of bitcoin Economics
That makes no sense. Prices are falling due to deflation, so food and shelter is…
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n/a | jtimon | May 03, 2011, 08:26:48 AM |
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A modest amount of inflation should be part of bitcoin Economics
Any one that thinks 'inflation' is a good idea ... no matter how small .. is a h…
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n/a | jtimon | May 03, 2011, 05:25:24 AM |
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Gold vs bitcoin Economics
Bitcoin is more versatile, but gold will probably remain more stable for a long…
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n/a | jtimon | April 30, 2011, 02:58:01 AM |
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A modest amount of inflation should be part of bitcoin Economics
@creightoI think it's against meI don't want to bother any of you.I've learned m…
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n/a | jtimon | April 29, 2011, 01:40:08 PM |
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A modest amount of inflation should be part of bitcoin Economics
The entire system surrounding the dollar is set up for two decimal places of div…
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n/a | jtimon | April 29, 2011, 12:22:12 PM |
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A modest amount of inflation should be part of bitcoin Economics
HELOOOO...Bitcoin is divisible to 8 decimal places. EIGHT! Its a digital currenc…
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n/a | jtimon | April 29, 2011, 07:59:18 AM |
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A modest amount of inflation should be part of bitcoin Economics
Ripple is not a currency, but a web-of-trust based credit system. It still depe…
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n/a | jtimon | April 29, 2011, 07:21:10 AM |
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Economic of Deflationary Spiral Economics
On the flipside, see the baby-sitting coop story:http://www.slate.com/id/1937/If…
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n/a | jtimon | April 29, 2011, 07:15:45 AM |
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Economic of Deflationary Spiral Economics
With price inflation/deflation the function of measure of value gets damaged.If…
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n/a | jtimon | April 29, 2011, 07:08:30 AM |
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Economic of Deflationary Spiral Economics
Agreed. But I think price deflation can lead to miss-allocation of resources too…
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n/a | jtimon | April 29, 2011, 06:43:10 AM |
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Math problem: When would the freicoin money supply converge? Bitcoin Discussion
By the way, what do you think about those freicoins?Feel free to criticize them.…
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n/a | jtimon | April 28, 2011, 11:51:20 AM |
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Math problem: When would the freicoin money supply converge? Bitcoin Discussion |
n/a | jtimon | April 28, 2011, 11:48:42 AM |
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A modest amount of inflation should be part of bitcoin Economics
Ripple is not a currency, but a web-of-trust based credit system. It still depe…
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n/a | jtimon | April 28, 2011, 10:37:31 AM |
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A modest amount of inflation should be part of bitcoin Economics
Keynes didn't wash my brain. If someone did it, probably has been Silvio Gesell,…
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n/a | jtimon | April 28, 2011, 10:35:27 AM |
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Economic of Deflationary Spiral Economics
Quote from: asdfWhat I've been trying to tell you is that a fixed supply currenc…
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n/a | jtimon | April 28, 2011, 07:07:32 AM |
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Math problem: When would the freicoin money supply converge? Bitcoin Discussion
lemmith, your 6 btc are sent.Holy-Fire, I need your address. I'm sorry, you're n…
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n/a | jtimon | April 27, 2011, 05:49:01 PM |
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Math problem (12 btc bounty): When would the freicoin money supply converge? Bitcoin Discussion
Uups...I don't know what happened. I told mtgox to buy 12 but it did just bought…
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n/a | jtimon | April 27, 2011, 08:38:52 AM |
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Gold vs bitcoin Economics
Thus bitcoin has the same flaws that gold has.And what might those flaws be?They…
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n/a | jtimon | April 27, 2011, 05:44:00 AM |
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Math problem (12 btc bounty): When would the freicoin money supply converge? Bitcoin Discussion
Thank you very much.Lemmih, if it's ok with you, I think I should share out the…
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n/a | jtimon | April 27, 2011, 02:56:10 AM |
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Economic of Deflationary Spiral Economics
@Mashuri @tomcollinsYou've opened my eyes. Speculators serve society in their wa…
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n/a | jtimon | April 26, 2011, 04:42:35 PM |
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A modest amount of inflation should be part of bitcoin Economics
You prefer to use "monetary debasement" over "price inflation". Fair enough.It's…
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n/a | jtimon | April 26, 2011, 04:16:56 PM |
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A modest amount of inflation should be part of bitcoin Economics
Keynes didn't wash my brain. If someone did it, probably has been Silvio Gesell,…
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n/a | jtimon | April 26, 2011, 04:12:54 PM |
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A modest amount of inflation should be part of bitcoin Economics
Perhaps in a theoretical "perfect" world, prices would vary only as productivity…
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n/a | jtimon | April 26, 2011, 01:54:22 PM |
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A modest amount of inflation should be part of bitcoin Economics
We agree in that deflation promotes hoarding, right?No!Every transaction needs a…
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n/a | jtimon | April 26, 2011, 09:49:27 AM |
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Math problem (12 btc bounty): When would the freicoin money supply converge? Bitcoin Discussion
It seems that you deserve the reward. Although I must admit that I'm not really…
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n/a | jtimon | April 26, 2011, 11:00:50 AM |
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A modest amount of inflation should be part of bitcoin Economics
QuoteSince you don't like the highway analogy, I'll try it with an example.Bitte…
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n/a | jtimon | April 26, 2011, 10:05:45 AM |
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A modest amount of inflation should be part of bitcoin Economics
It seems to me everything boils down to trust. This might be obvious to some bu…
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n/a | jtimon | April 26, 2011, 09:56:00 AM |
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A modest amount of inflation should be part of bitcoin Economics
Jtimon, I feel you're so close to understanding why deflation isn't a preoblem.I…
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n/a | jtimon | April 26, 2011, 09:41:47 AM |
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A modest amount of inflation should be part of bitcoin Economics
... Imagine that no bitcoin owner sells their bitcoins for anything ...But I am…
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n/a | jtimon | April 26, 2011, 06:58:32 AM |
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A modest amount of inflation should be part of bitcoin Economics
Can you elaborate a bit more on why your analogy is better?The Bitcoin system is…
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n/a | jtimon | April 26, 2011, 06:19:12 AM |
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A modest amount of inflation should be part of bitcoin Economics
To make clear that I'm not for inflation. I started this thread that explains ho…
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n/a | jtimon | April 26, 2011, 05:59:09 AM |
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A modest amount of inflation should be part of bitcoin Economics
How can closing highways hurt transport? All the other highways would have more…
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n/a | jtimon | April 26, 2011, 05:09:52 AM |
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math problem (12 btc bounty) : when would the freicoin money supply converge? Bitcoin Discussion
I forgot to mention that the time target is 10 minutes between blocks, just as i…
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n/a | jtimon | April 26, 2011, 05:38:13 AM |
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A modest amount of inflation should be part of bitcoin Economics
There is yet another reason, that is bitcoin specific, on why inflation would be…
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n/a | jtimon | April 26, 2011, 05:03:24 AM |
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6,000,000 BTC Economics
An interesting thought I had earlier today: anyone with large gold reserves coul…
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n/a | jtimon | April 26, 2011, 04:37:21 AM |
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A modest amount of inflation should be part of bitcoin Economics
HELOOOO...Bitcoin is divisible to 8 decimal places. EIGHT! Its a digital currenc…
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n/a | jtimon | April 26, 2011, 04:29:20 AM |
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A modest amount of inflation should be part of bitcoin Economics
No, because price deflation must generalized (in fact if it occurs just in one s…
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n/a | jtimon | April 26, 2011, 04:15:18 AM |
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10 minutes target, double-spending and wasted work from forks Development & Technical Discussion
The other thing to think about is that there's really only two interesting speed…
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n/a | jtimon | April 26, 2011, 04:07:40 AM |
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10 minutes target, double-spending and wasted work from forks Development & Technical Discussion
But what do you think about it? Does it make sense? Would it be feasible?I'm wil…
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n/a | jtimon | April 26, 2011, 03:57:35 AM |
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A modest amount of inflation should be part of bitcoin Economics
Thank you for pointing out that monetary inflation is not the same that price in…
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n/a | jtimon | April 26, 2011, 02:33:51 AM |
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A modest amount of inflation should be part of bitcoin Economics
HELOOOO...Bitcoin is divisible to 8 decimal places. EIGHT! Its a digital currenc…
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n/a | jtimon | April 26, 2011, 02:26:49 AM |
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A modest amount of inflation should be part of bitcoin Economics
Don't fear deflation. Price deflation also happens as productivity increases th…
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n/a | jtimon | April 26, 2011, 02:17:17 AM |
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Gold vs bitcoin Economics
Thus bitcoin has the same flaws that gold has.And what might those flaws be?They…
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n/a | jtimon | April 26, 2011, 02:10:14 AM |
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A modest amount of inflation should be part of bitcoin Economics
Thank you for pointing out that monetary inflation is not the same that price in…
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n/a | jtimon | April 25, 2011, 04:22:28 PM |
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A modest amount of inflation should be part of bitcoin Economics
Personally, I'd have liked it if BTC that aren't used for much too long begin fa…
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n/a | jtimon | April 25, 2011, 02:16:49 PM |
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A modest amount of inflation should be part of bitcoin Economics
This is actually true, in the sense that bad money chases good money out of the…
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n/a | jtimon | April 25, 2011, 02:03:04 PM |
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A modest amount of inflation should be part of bitcoin Economics
This is actually true, in the sense that bad money chases good money out of the…
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n/a | jtimon | April 25, 2011, 09:28:58 AM |
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A modest amount of inflation should be part of bitcoin Economics
Some people said in my thread that a demurrage cryptocurrency won't work for the…
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n/a | jtimon | April 25, 2011, 08:37:50 AM |
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Gold vs bitcoin Economics
bitcoin can be transfered electronically, gold can't. gold can be traded physica…
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n/a | jtimon | April 25, 2011, 07:01:41 AM |
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A modest amount of inflation should be part of bitcoin Economics
another posts related to this:http://bitcointalk.org/index.php?topic=2792.0http:…
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n/a | jtimon | April 25, 2011, 06:54:44 AM |
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Bitcoin and "religious" interest-less lending Economics
I think the "interest" has some pernicious effects that may have motivated relig…
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n/a | jtimon | April 25, 2011, 06:49:23 AM |
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Economic of Deflationary Spiral Economics
Without thinking too hard about it, I'd just say that I think bitcoins are much…
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n/a | jtimon | April 25, 2011, 06:29:53 AM |
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10 minutes target, double-spending and wasted work from forks Development & Technical Discussion
Thank you, guys. Is good to know this because it means we could have a faster ch…
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n/a | jtimon | April 25, 2011, 05:10:17 AM |
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10 minutes target, double-spending and wasted work from forks Development & Technical Discussion
Sorry if this is answered in the wiki or in some place in the forum, but I just…
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n/a | jtimon | April 23, 2011, 01:39:09 PM |
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why the 10 minutes target? how much can it be decreased? Development & Technical Discussion
This is mentioned in the FAQ actually. Let me know if it's not clear and I'll re…
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n/a | jtimon | April 24, 2011, 08:11:06 AM |
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why the 10 minutes target? how much can it be decreased? Development & Technical Discussion
http://www.bitcoin.org/bitcoin.pdfI've already read that. The only thing I can f…
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n/a | jtimon | April 24, 2011, 05:51:43 AM |
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1 BTC = 2 USD Economics
Well, actually the hope is kinda that it will make it so. I sold just before th…
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n/a | jtimon | April 24, 2011, 05:31:09 AM |
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using bitcoins to track ownership Economics
The question is who is doing the enforcement. If it's the police then you are r…
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n/a | jtimon | April 24, 2011, 05:26:38 AM |
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Gold vs bitcoin Economics
I hope they both crash. But long after they kill the central banks.I hope someth…
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n/a | jtimon | April 23, 2011, 08:04:55 PM |
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Economic of Deflationary Spiral Economics
I'll go out on a limb here and boldly claim that an inelastic money supply is be…
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n/a | jtimon | April 23, 2011, 07:53:03 PM |
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First Nation to keep Bitcoin as Official Reserves Economics
I answered china. They're putting their dollars everywhere and still can't get r…
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n/a | jtimon | April 23, 2011, 03:53:59 PM |
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using bitcoins to track ownership Economics
Interesting concept. So now when I lose my wallet.dat I'm losing my house and my…
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n/a | jtimon | April 23, 2011, 03:48:19 PM |
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1 BTC = 2 USD Economics
I don't even think the USD will see out the year 1 BTC = Infinity USDI'll bet y…
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n/a | jtimon | April 23, 2011, 03:28:39 PM |
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Economic of Deflationary Spiral Economics
Yes, it's called the liquidity ratio. Banks need enough liquidity for when custo…
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n/a | jtimon | April 23, 2011, 03:25:37 PM |
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"Don't buy bitcoins" Bitcoin Discussion
I think he believes that money must have "intrinsic value". Why the dolar has be…
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n/a | jtimon | April 23, 2011, 02:03:44 PM |
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bitcoin.com.es - new exchange for users in Spain / compraventa de BTC en España Service Announcements
No lo había pensado, pero haciendo el ingreso no habría ninguna comisión por par…
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n/a | jtimon | April 23, 2011, 01:42:16 PM |
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What is the absolute fastest way of turning cash into BTCs? Bitcoin Discussion
a 2% fee plus the banks fee.In paypal to mtgox (LR USD) the price is:"I’m curren…
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n/a | jtimon | April 23, 2011, 12:51:38 PM |
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bitoin.com.es - new exchange for users in Spain / compraventa de BTC en España Service Announcements
A qué banco/caja hay que hacer el ingreso para comprar?Lo digo porque la comisió…
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n/a | jtimon | April 23, 2011, 12:45:22 PM |
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I recommend everybody SELLs... Bitcoin Discussion
I got no data at all but...Do the spikes in btc coin coincide with big rises in…
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n/a | jtimon | April 23, 2011, 11:47:27 AM |
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total received counter for donations Bitcoin Discussion
Cool. It seems easier than I thought.
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n/a | jtimon | April 23, 2011, 11:23:08 AM |
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What is the absolute fastest way of turning cash into BTCs? Bitcoin Discussion
What about the cheapest way to do it?Is it mtgox?I'm in spain, so I prefer to do…
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n/a | jtimon | April 23, 2011, 11:18:18 AM |
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total received counter for donations Bitcoin Discussion
I don't have a site. Just asking. Is there something like that for php?
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n/a | jtimon | April 23, 2011, 10:57:43 AM |
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total received counter for donations Bitcoin Discussion
Is there some javascript or something that you can add to your web and contains…
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n/a | jtimon | April 23, 2011, 10:43:26 AM |
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List of honest traders. Marketplace
Do you trut this?http://www.biddingpond.com/item.php?id=477
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n/a | jtimon | April 23, 2011, 10:25:25 AM |
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Economic of Deflationary Spiral Economics
... but shreiking about 'fractional reserve banking' being a scam is like accusi…
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n/a | jtimon | April 23, 2011, 10:19:30 AM |
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Economic of Deflationary Spiral Economics
The Austrians don't prefer hard currency to fiat money. They prefer free market…
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n/a | jtimon | April 23, 2011, 10:10:40 AM |
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