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re: Bitcoin buzz stays high --- even after bubble
Posted on 5/13/13 at 10:55 am to Poodlebrain
Posted on 5/13/13 at 10:55 am to Poodlebrain
quote:
Thus, it is betting that Bitcoins will not become a currency, but will continue to require conversion to some other currency for spending. They are betting on Bitcoin remaining a commodity.
That's a really good point.
I believe that bitcoin will go nowhere without legit exchanges so its interesting to consider the fact that exchanges might also be holding bitcoin back in a way.
1
Posted on 5/13/13 at 11:00 am to ZereauxSum
quote:
I believe that bitcoin will go nowhere without legit exchanges so its interesting to consider the fact that exchanges might also be holding bitcoin back in a way.
If by some strange anomaly, bitcoin makes it, it will be under a regulatory body. Which will be the opposite of what has been said will make it successful.
Posted on 5/13/13 at 11:16 am to Broke
quote:
If by some strange anomaly, bitcoin makes it, it will be under a regulatory body. Which will be the opposite of what has been said will make it successful.
You know, I'm really not sure what "success" looks like for bitcoin. I used to think the goal was to create a viable currency. No one seems to know what the original intent was.
Posted on 5/13/13 at 11:51 am to ZereauxSum
quote:The original intent was to have a medium of exchange for drug traffickers, tax evaders and child pornographers which could not be traced back to them.
No one seems to know what the original intent was.
Posted on 5/13/13 at 12:28 pm to LSURussian
quote:
The original intent was to have a medium of exchange for drug traffickers, tax evaders and child pornographers which could not be traced back to them.
Posted on 5/13/13 at 1:27 pm to gizmoflak
quote:
Bitcoin buzz stays high --- even after bubble
Its a scam, you're gonna get burnt son.
Posted on 5/13/13 at 1:37 pm to HNTIGER1980
quote:
Its a scam, you're gonna get burnt son.
LIES. You can buy cars (via proxy), and boats (via proxy). And all kinds of other cool things (via proxy). You're just a Statist Bastard™
Posted on 5/13/13 at 1:39 pm to Broke
You can't trademark Statist Bastard™, you Statist Bastard™
Posted on 5/13/13 at 3:10 pm to Vols&Shaft83
I did it weeks ago. You snooze you lose.
Posted on 5/13/13 at 4:07 pm to gizmoflak
quote:
Amazon is joing the virtual currency craze with their own Amazon Coins
Facebook coins have been around as long as bitcoin
Posted on 5/13/13 at 4:10 pm to Vols&Shaft83
How much is 1 FBC worth?
Posted on 5/13/13 at 4:11 pm to gizmoflak
quote:
Amazon is joing the virtual currency craze with their own Amazon Coins. How long before we can buy Amazon Coins with bitcoins?
Microsoft did it too. They are called Microsoft point. They are used so dumb people will think they aren't spending real money on shite.
Posted on 5/13/13 at 4:15 pm to Broke
The article says that amazon is offering a 10% discount on Amazon Coins purchased in bulk. If you order lots of stuff on amazon, I guess that is worth it
Posted on 5/13/13 at 4:19 pm to gizmoflak
quote:
The article says that amazon is offering a 10% discount on Amazon Coins purchased in bulk. If you order lots of stuff on amazon, I guess that is worth it
Which makes Amazon coins infinitely better than bitcoins, hell, I dropped a deuce a few hours ago that was infinitely better than bitcoins.
Posted on 5/13/13 at 4:29 pm to gizmoflak
quote:
The article says that amazon is offering a 10% discount on Amazon Coins purchased in bulk. If you order lots of stuff on amazon, I guess that is worth it
But the inherent difference is Amazon isn't trying to pawn this shite off as a universal currency. You buy their coins and use it to buy merchandise from Amazon. You know, a legit company.
Posted on 5/13/13 at 4:40 pm to Broke
Posted on 5/13/13 at 4:44 pm to Vols&Shaft83
quote:
Which makes Amazon coins infinitely better than bitcoins, hell, I dropped a deuce a few hours ago that was infinitely better than bitcoins.
Infinitely better?
Exaggerate much?
Posted on 5/13/13 at 4:45 pm to Broke
quote:
But the inherent difference is Amazon isn't trying to pawn this shite off as a universal currency. You buy their coins and use it to buy merchandise from Amazon. You know, a legit company.
How do you know Amazon Coins aren't a ponzi scheme?
Posted on 5/13/13 at 4:53 pm to gizmoflak
quote:
How do you know Amazon Coins aren't a ponzi scheme?
You're an idiot
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