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"Backing" - what does this actually MEAN? Economics
Backing= guarantee of future exchange valueThis is bullshit by the way. Or if we…
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n/a | porc | December 15, 2013, 09:56:11 PM |
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"Backing" - what does this actually MEAN? Economics
Backing= guarantee of future exchange valueThis is bullshit by the way. Or if we…
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n/a | porc | December 15, 2013, 09:50:27 PM |
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"Backing" - what does this actually MEAN? Economics
My opinion is that Bitcoin (or another cryptocurrency) could probably still use…
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n/a | porc | December 15, 2013, 09:44:45 PM |
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"Backing" - what does this actually MEAN? Economics
Here we go again. The subject was well dissected and argued for, now we are back…
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n/a | porc | December 15, 2013, 09:33:43 PM |
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"Backing" - what does this actually MEAN? Economics
Here we go again. The subject was well dissected and argued for, now we are back…
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n/a | porc | December 15, 2013, 09:25:55 PM |
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"Backing" - what does this actually MEAN? Economics
Here we go again. The subject was well dissected and argued for, now we are back…
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n/a | porc | December 15, 2013, 09:20:37 PM |
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"Backing" - what does this actually MEAN? Economics
Here we go again. The subject was well dissected and argued for, now we are back…
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n/a | porc | December 15, 2013, 09:07:25 PM |
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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 | porc | December 15, 2013, 08:35:52 PM |
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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 | porc | December 15, 2013, 06:31:05 PM |
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"Backing" - what does this actually MEAN? Economics
The dollar is indeed backed by something: the ability to keep our wealth and ke…
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n/a | porc | December 15, 2013, 03:39:22 PM |
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"Backing" - what does this actually MEAN? Economics
"Money is not an abstract unit of account, divorceable from a concrete good; it…
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n/a | porc | December 15, 2013, 01:26:07 PM |
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Why Bitcoin will collapse in price. Economics
Oh God so what should we do, i was going spend lot of money to purchase mining h…
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n/a | porc | December 13, 2013, 10:39:45 PM |
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The Bitcoin Armageddon Economics
QuoteYou are implying this with continued price increase despite the system bein…
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n/a | porc | December 13, 2013, 10:09:25 PM |
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The Bitcoin Armageddon Economics
QuoteYou are implying this with continued price increase despite the system bein…
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n/a | porc | December 13, 2013, 09:58:29 PM |
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The Bitcoin Armageddon Economics
QuoteYou are implying this with continued price increase despite the system bein…
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n/a | porc | December 13, 2013, 09:52:24 PM |
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The Bitcoin Armageddon Economics
QuoteYou are implying this with continued price increase despite the system bein…
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n/a | porc | December 13, 2013, 09:44:05 PM |
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The Bitcoin Armageddon Economics
this assumption: "So market participants dont understand exponential energy cost…
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n/a | porc | December 13, 2013, 09:32:42 PM |
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The Bitcoin Armageddon Economics
what do you call a collapse though? from $100,000 down to $10,000? If you are…
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n/a | porc | December 13, 2013, 09:29:10 PM |
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The Bitcoin Armageddon Economics
what do you call a collapse though? from $100,000 down to $10,000? If you are…
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n/a | porc | December 13, 2013, 09:23:02 PM |
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The Bitcoin Armageddon Economics
what do you call a collapse though? from $100,000 down to $10,000? If you are…
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n/a | porc | December 13, 2013, 09:20:19 PM |
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The Bitcoin Armageddon Economics
what do you call a collapse though? from $100,000 down to $10,000? If you are…
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n/a | porc | December 13, 2013, 09:11:36 PM |
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The Bitcoin Armageddon Economics
what do you call a collapse though? from $100,000 down to $10,000? If you are…
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n/a | porc | December 13, 2013, 09:00:53 PM |
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Promoting to local businesses Economics
Lol. Stop with your silly promotions.It cant work, tax law requires capital gain…
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n/a | porc | December 13, 2013, 08:56:35 PM |
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The Bitcoin Armageddon Economics
bitcoin mining will become illegal in most countries because of ridiculous waste…
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n/a | porc | December 13, 2013, 08:46:08 PM |
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The Bitcoin Armageddon Economics
bitcoin mining will become illegal in most countries because of ridiculous waste…
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n/a | porc | December 13, 2013, 08:38:09 PM |
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The Bitcoin Armageddon Economics
bitcoin mining will become illegal in most countries because of ridiculous waste…
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n/a | porc | December 13, 2013, 08:24:04 PM |
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Why Bitcoin will collapse in price. Economics
Pretty sure someone has corrected you on this point already, there is no single…
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n/a | porc | December 13, 2013, 03:57:19 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 | porc | December 12, 2013, 06:58:21 PM |
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Why Bitcoin will collapse in price. Economics
The devil is in the details, bro:A federal grand jury brought an indictment agai…
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n/a | porc | December 12, 2013, 05:45:00 PM |
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Why Bitcoin will collapse in price. Economics
Pretty sure someone has corrected you on this point already, there is no single…
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n/a | porc | December 12, 2013, 04:50:08 PM |
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What can I do with a bitcoin? Economics
A. something is basically anything that has UTILITY on its own. (Food (hunger),…
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n/a | porc | December 12, 2013, 11:44:18 AM |
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Bitcoin is not scarce. Economics
Starting to see the value? No. Even if you transfer nothing from peer to peer, a…
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n/a | porc | December 11, 2013, 12:36:19 PM |
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Why Bitcoin cant be Money. Economics
Starting to see the value? No. Even if you transfer nothing from peer to peer, a…
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n/a | porc | December 11, 2013, 02:03:25 PM |
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Bitcoin's intrinsic value Economics
I don't agree with the argument that Nothing backs Bitcoin because it is backed…
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n/a | porc | December 11, 2013, 02:00:48 PM |
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Why Bitcoin cant be Money. Economics
Starting to see the value? No. Even if you transfer nothing from peer to peer, a…
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n/a | porc | December 11, 2013, 01:25:14 PM |
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Bitcoin's intrinsic value Economics
Starting to see the value?No. Even if you transfer nothing from peer to peer, an…
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n/a | porc | December 11, 2013, 12:29:28 PM |
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Why Bitcoin cant be Money. Economics
Starting to see the value? No. Even if you transfer nothing from peer to peer, a…
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n/a | porc | December 11, 2013, 12:38:16 PM |
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Can Bitcoin replace the dollar? Economics
1) You already assume that the person holding something will accept nothing in r…
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n/a | porc | December 11, 2013, 04:51:45 AM |
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Why Bitcoin cant be Money. Economics
A shorter explanation, for anybody still having difficulties understanding my po…
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n/a | porc | December 11, 2013, 05:09:37 AM |
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Bitcoin's intrinsic value Economics
Let me say it differenty: People are actually not even evaluating bitcoins value…
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n/a | porc | December 11, 2013, 06:07:38 AM |
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Bitcoin's intrinsic value Economics
I never said that utility of an object is the same for each person. However ever…
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n/a | porc | December 11, 2013, 06:02:55 AM |
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Bitcoin is not scarce. Economics
I'm intrigued. What does it mean, somebody bought his acccount? He lost all his…
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n/a | porc | December 11, 2013, 05:49:26 AM |
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Bitcoin is not scarce. Economics
This guy has been registered since April 13, 2013, and became active only a few…
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n/a | porc | December 11, 2013, 05:23:59 AM |
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Bitcoin's intrinsic value Economics
Value doesn't come from demand, quite the opposite. Some value should necessaril…
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n/a | porc | December 11, 2013, 05:42:43 AM |
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Bitcoin's intrinsic value Economics
Many people say that bitcoin does not have intrinsic value, they typically compa…
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n/a | porc | December 11, 2013, 05:35:40 AM |
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Bitcoin's intrinsic value Economics
Many people say that bitcoin does not have intrinsic value, they typically compa…
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n/a | porc | December 11, 2013, 05:19:33 AM |
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Why Bitcoin cant be Money. Economics
1) Properties/ Requirements of MoneyMoney: intrinsic value (aka utility of the…
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n/a | porc | December 10, 2013, 09:51:31 AM |
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Bitcoin is not scarce. Economics
I have just realised that I have made one mistake in my bitcoin cant be money th…
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n/a | porc | December 10, 2013, 08:47:52 PM |
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What can I do with a bitcoin? Economics
Porc, you are an idiot and a troll. The point of money is that it is nothing by…
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n/a | porc | December 10, 2013, 04:35:56 PM |
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What can I do with a bitcoin? Economics
porc, let me see if I understand what you mean.You split the world into 2 catego…
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n/a | porc | December 10, 2013, 04:13:23 PM |
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Why Bitcoin cant be Money. Economics
I don't know why people are attacking the OP this has actually been one of the m…
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n/a | porc | December 10, 2013, 10:58:12 AM |
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Why Bitcoin will collapse in price. Economics |
n/a | porc | December 10, 2013, 10:46:52 AM |
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What will the "steady state" look like? Economics
There will be no steady state. This pyramid will collapse at some point.Boom Bus…
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n/a | porc | December 10, 2013, 08:18:04 AM |
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What can I do with a bitcoin? Economics
Thanks for your reply (serious). I think it demonstrates perfectly why bitcoiner…
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n/a | porc | December 10, 2013, 08:00:53 AM |
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What will the "steady state" look like? Economics
There will be no steady state. This pyramid will collapse at some point.Boom Bus…
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n/a | porc | December 10, 2013, 07:34:19 AM |
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gold vs bitcoin and intrinsic value Economics
I have been following this topic all morning, I can't believe you guys are still…
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n/a | porc | December 10, 2013, 07:06:04 AM |
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Why Bitcoin will collapse in price. Economics
QuoteI have addressed this already. Bitcoin cant be a store of value as it has n…
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n/a | porc | December 10, 2013, 06:43:36 AM |
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Why Bitcoin will collapse in price. Economics
Imagine if you went to your bank and asked for stock advice.Bank: Buy Stock Pyra…
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n/a | porc | December 10, 2013, 06:41:50 AM |
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Why Bitcoin will collapse in price. Economics
QuoteI have addressed this already. Bitcoin cant be a store of value as it has n…
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n/a | porc | December 10, 2013, 06:37:16 AM |
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gold vs bitcoin and intrinsic value Economics
An object/ thing MUST! have intrinsic value in order to be MONEY! It also needs…
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n/a | porc | December 10, 2013, 06:27:00 AM |
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Why Bitcoin will collapse in price. Economics
QuoteI have addressed this already. Bitcoin cant be a store of value as it has n…
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n/a | porc | December 10, 2013, 06:14:04 AM |
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gold vs bitcoin and intrinsic value Economics
An object/ thing MUST! have intrinsic value in order to be MONEY! It also needs…
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n/a | porc | December 10, 2013, 06:07:46 AM |
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Can Bitcoin replace the dollar? Economics
1) To sway me to your side of the argument you will have to demonstrate how the…
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n/a | porc | December 10, 2013, 04:12:05 AM |
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gold vs bitcoin and intrinsic value Economics
An object/ thing MUST! have intrinsic value in order to be MONEY! It also needs…
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n/a | porc | December 10, 2013, 05:58:12 AM |
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gold vs bitcoin and intrinsic value Economics
Gold is a very special element. It is a solid. It is unreactive, making debase…
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n/a | porc | December 10, 2013, 05:50:34 AM |
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Why Bitcoin will collapse in price. Economics
Quote1) I think it is central. Without value, the medium of exchange will not be…
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n/a | porc | December 10, 2013, 04:29:25 AM |
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gold vs bitcoin and intrinsic value Economics
Well unlike bitcoins gold actually does have some intrinsic value. Gold is value…
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n/a | porc | December 10, 2013, 04:18:58 AM |
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What can I do with a bitcoin? Economics
All currency or precious metals have value because the market gives it value. Ev…
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n/a | porc | December 10, 2013, 02:49:50 AM |
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Why Bitcoin will collapse in price. Economics
porc do you have anything positive to say about bitcoin?Yes. It is one of the mo…
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n/a | porc | December 10, 2013, 03:40:34 AM |
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gold vs bitcoin and intrinsic value Economics
Well unlike bitcoins gold actually does have some intrinsic value. Gold is value…
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n/a | porc | December 10, 2013, 03:37:12 AM |
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Why Bitcoin will collapse in price. Economics |
n/a | porc | December 10, 2013, 03:00:56 AM |
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What can I do with a bitcoin? Economics
So the answer is: I can dump it on the next guy?Yes. It is called a medium of ex…
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n/a | porc | December 09, 2013, 08:49:00 PM |
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What can I do with a bitcoin? Economics
You are willing to give up your water for BitCoin? Wow! Just flushed a couple…
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n/a | porc | December 09, 2013, 08:45:39 PM |
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What can I do with a bitcoin? Economics
So the answer is: I can dump it on the next guy?Yes. It is called a medium of ex…
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n/a | porc | December 09, 2013, 08:30:53 PM |
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Why Bitcoin will collapse in price. Economics
To paraphrase Eric Voorhees, Bitcoin is unfortunately the name of two things.1)…
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n/a | porc | December 09, 2013, 08:21:30 PM |
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Can Bitcoin replace the dollar? Economics
1) Pricing Something in Something.What is a Price?"In ordinary usage, price is…
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n/a | porc | December 09, 2013, 08:06:06 PM |
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What can I do with a bitcoin? Economics
You are willing to give up your water for BitCoin? Wow! Just flushed a couple…
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n/a | porc | December 09, 2013, 07:47:35 PM |
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What can I do with a bitcoin? Economics
http://BitcoinFood.comSo the answer is: I can dump it on the next guy?Bitcoiners…
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n/a | porc | December 09, 2013, 07:41:08 PM |
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Why Bitcoin will collapse in price. Economics
To paraphrase Eric Voorhees, Bitcoin is unfortunately the name of two things.1)…
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n/a | porc | December 09, 2013, 07:29:13 PM |
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What can I do with a bitcoin? Economics
The Dollar only had value because government forces us to accept it. If I exchan…
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n/a | porc | December 09, 2013, 07:19:36 PM |
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What can I do with a bitcoin? Economics
Now what do you give me in return?What can I do with a bitcoin once you have tra…
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n/a | porc | December 09, 2013, 06:57:02 PM |
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Why Bitcoin will collapse in price. Economics
Yes value is subjective, but you cant explain to me what I CAN DO WITH BITCOIN.…
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n/a | porc | December 09, 2013, 06:48:29 PM |
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Why Bitcoin will collapse in price. Economics
To paraphrase Eric Voorhees, Bitcoin is unfortunately the name of two things.1)…
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n/a | porc | December 09, 2013, 06:43:20 PM |
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Can Bitcoin replace the dollar? Economics
porc is the most long-winded troll I have ever seen.Bitcoins will never complete…
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n/a | porc | December 09, 2013, 06:31:13 PM |
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Can Bitcoin replace the dollar? Economics
1) Pricing Something in Something.What is a Price?"In ordinary usage, price is…
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n/a | porc | December 09, 2013, 06:25:08 PM |
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Why Bitcoin will collapse in price. Economics
To paraphrase Eric Voorhees, Bitcoin is unfortunately the name of two things.1)…
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n/a | porc | December 09, 2013, 06:18:12 PM |
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Why Bitcoin will collapse in price. Economics
1) Any widespread media of exchange that ever existed, always had inherent value…
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n/a | porc | December 09, 2013, 06:16:42 PM |
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Why Bitcoin will collapse in price. Economics
Bitcoin is valuable because??? Say why you think Bitcoin has value!!Bitcoin is v…
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n/a | porc | December 09, 2013, 04:00:36 PM |
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Why Bitcoin will collapse in price. Economics
It is beyond my understanding why to are so desperate trying to convince us that…
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n/a | porc | December 09, 2013, 11:48:54 AM |
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Can Bitcoin replace the dollar? Economics
the value of the dollar has nothing to do with gold.the only thing giving the do…
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n/a | porc | December 09, 2013, 12:10:51 PM |
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Why Bitcoin will collapse in price. Economics
Tullips (at they had some value) where once enormously expensive. Does that mean…
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n/a | porc | December 09, 2013, 11:50:14 AM |
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Why Bitcoin will collapse in price. Economics
It is beyond my understanding why to are so desperate trying to convince us that…
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n/a | porc | December 09, 2013, 11:33:46 AM |
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Why Bitcoin will collapse in price. Economics
Ok now we are getting somewhere. Golds value is that it is pretty. Now sometimes…
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n/a | porc | December 09, 2013, 11:20:46 AM |
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Why Bitcoin will collapse in price. Economics
As for bitcoins actual value. 1) There are a ton of people who assume bitcoin ha…
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n/a | porc | December 09, 2013, 11:17:04 AM |
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Why Bitcoin will collapse in price. Economics
USD only is accepted because of force. Why would you need force? Because a dolla…
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n/a | porc | December 09, 2013, 11:05:53 AM |
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Why Bitcoin will collapse in price. Economics
USD only is accepted because of force. Why would you need force? Because a dolla…
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n/a | porc | December 09, 2013, 10:48:56 AM |
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Why Bitcoin will collapse in price. Economics
Quote from: porcStop diverting. What is bitcoins value? You know it has 0 value…
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n/a | porc | December 09, 2013, 10:39:16 AM |
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Why Bitcoin will collapse in price. Economics
You didnt explain why bitcoin is valuable! I explained to you why people want go…
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n/a | porc | December 09, 2013, 10:35:07 AM |
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Why Bitcoin will collapse in price. Economics
If Bitcoin has no value for you (as you said earlier), it doesn't mean the same…
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n/a | porc | December 09, 2013, 10:29:56 AM |
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Why Bitcoin will collapse in price. Economics
Something is thing of value. Nothing is thing of no value. (my terms).Dollars in…
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n/a | porc | December 09, 2013, 10:24:06 AM |
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