Bitcoins

spacey2012

They will increase marginally in % terms as people bail in, then they will go BANG.
Watch this space, when there is money to be made, you are the last to know.
The new Marconi shares.

No collateral held = huge risk as in 100% LOSS RISK.

dealer_wins

I would rather invest in Nigerian email claiming I have won $10million in a lottery than in Bitcoin!!

paddyrg

Silk road discussion - if the FBI shut it down, isn't it pretty safe to assume many of the replacements are hu honeytraps?

Jegersmart

Archi_Bald wrote: »

Amazing how everyone just glazes over the criminal side of bitcoins. The mind boggles.

It is amazing how how everyone just "glazes over" the overtly criminal side of any existing currency.

J

[Deleted User]

http://www.leighdrogen.com/why-i-bought-one-bitcoin/

Satoshi

citricsquid wrote: »

Bitcoin is not anonymous, it provides no better ability to buy drugs than GBP.

Are you sure? I thought that was the appeal the anonymity?

JohnRo

citricsquid wrote: »

http://www.leighdrogen.com/why-i-bought-one-bitcoin/

His comment after the main article about trust, which is the sort of thing we've frequently discussed in between the nonsense, is lost on those who troll in here but is why bitcoin or whatever follows on from it will succeed. The banking and government crooks have created the environment that has catapulted this phenomenon and will ultimately allow this to succeed. The flat earthers aren't worth wasting time on, any success won't be dependent on their approval, as he alludes to in the article, they'll just say they always knew it'd work or if the crooks do somehow manage to shut it down they'll just gloat and say the opposite.

padington

JohnRo wrote: »

His comment after the main article about trust, which is the sort of thing we've frequently discussed in between the nonsense, is lost on those who troll in here but is why bitcoin or whatever follows on from it will succeed. The banking and government crooks have created the environment that has catapulted this phenomenon and will ultimately allow this to succeed. The flat earthers aren't worth wasting time on, any success won't be dependent on their approval, as he alludes to in the article, they'll just say they always knew it'd work or if the crooks do somehow manage to shut it down they'll just gloat and say the opposite.

I personally think there is a chance bit coin was a Federal reserve / CIA creation in the first instance or at least a late partner. The speed to which it's got cash machines springing up says volumes about the scale of the operation now behind it ....

Hasn't there been talk within the rothschilds about developing gold 2.0 for a while now ?

Satoshi

padington wrote: »

I personally think there is a chance bit coin was a Federal reserve / CIA creation in the first instance or at least a late partner. The speed to which it's got cash machines springing up says volumes about the scale of the operation now behind it ....

Hasn't there been talk within the rothschilds about developing gold 2.0 for a while now ?

Very interesting sir, but with what objective?

What will kill BitCoin?...the return of FAITH in currencies! You see the central planners have had a plan in the works for decades to return to our Constitutional form of money using physical gold and silver. They know there is no stopping the monetary cycle repeating. YES coins - but YES ALSO to an electronic form of gold and silver coin that is 100% redeemable for monetary precious metal at any bank. It will have the convenience of Bitcoin but will be "Legal Tender" and be both backed and redeemable in gold and silver coin. You could either pay with grams of real silver or digital grams on your card or phone which are backed by real silver.
How's that for competition BitCoin?!

DiggerUK

Yet again, the bitconistas turn fantasy into farce, and fail to notice.

Bitcons can never become a world currency, there aren't enough of them. So either you have to keep moving that decimal point, or computer game over. If the protocols stay at 8 decimal places the problem gets much worse. The only way around that problem is to use bitcons alongside fiat.

Whichever way you carve this turkey up, the link with fiat cannot be broken; and if that subservience of bitcon to fiat is not broken, whats all the propoganda about.

The other problem of this 'world currency' that gets overlooked, is how do the less than afluent get bitcons......the cost of mining is in the reach of the afluent only, the inflation of bitcons to buy precludes many from affording them.....and the poor can go to hell.

How the 500 pound Jaberwockey in the room got overlooked I'll never know.
..._