HPC Goons now Pricing Crash in Bitcoins

dryhat

wotsthat wrote: »

I'd guess less than 6 so, yes, the point's valid but in a small almost meaningless way.

How many bitcoins did you pay for that coffee by the way? If you bought it in January then you used £40 of bitcoin (today's value) to pay for a £2 coffee that still costs £2 today.

I paid 0.02 BTC when the Bitcoin price was about £60, which works out about £1.80 at the time for the coffee.

Today 0.02 BTC is about £2.60 so no big deal.
But I don't care because I like supporting the Bitcoin community and have earned lots more in the meantime.

You could ask yourself why any shopkeeper would sell anything in GBP today if they could get more GBP next year because of inflation.
Or why anyone would buy a computer today knowing it's going to be cheaper in 6 months time.

THE_MASKED_TURNIP

The fact remains that Bitcoins are nothing more than a gimmick and a very dangerous one at that. So if you've for to price in your house price crash in virtual currency then it's tantamount to admitting that there's been no crash, never was, and never will be.

chucky

dryhat wrote: »

So, in terms of Bitcoin, house prices have indeed crashed.

You can't build a house with Bitcoin.

That is 100% fact.

Graham_Devon

wotsthat wrote: »

I'd guess less than 6 so, yes, the point's valid but in a small almost meaningless way.

How many bitcoins did you pay for that coffee by the way? If you bought it in January then you used £40 of bitcoin (today's value) to pay for a £2 coffee that still costs £2 today.

Why did you buy a CRT television in 1990 when you could have got one for free today?

dryhat

chucky wrote: »

You can't build a house with Bitcoin.

That is 100% fact.

It is not 100% fact at all...

http://www.oldenburg-zimmerei.com/

Once again you (and the idiot who thanked you for this post) have proven that you know naff all about Bitcoin.

chucky

dryhat wrote: »

It is not 100% fact at all...

http://www.oldenburg-zimmerei.com/

Once again you (and the idiot who thanked you for this post) have proven that you know naff all about Bitcoin.

The link shows a house under construction with a wood structure.

Do you want to try again with an even more random foreign blog from the internet to pretend you know what you're talking about...

dryhat

chucky wrote: »

The link shows a house under construction with a wood structure.

Do you want to try again with an even more random foreign blog from the internet to pretend you know what you're talking about...

No, you are wrong again.

I appreciate you might not speak German but this is a company that will build you a house (similar to the famous "hofhouses") on any site and will accept bitcoin as payment for "building your house"

So you can "build a house with Bitcoin"

Anyone who bought £10k of bitoins 9 months ago could now have a £200k house built

chucky

dryhat wrote: »

No, you are wrong again.

I appreciate you might not speak German but this is a company that will build you a house (similar to the famous "hofhouses") on any site and will accept bitcoin as payment for "building your house"

So you can "build a house with Bitcoin"

Anyone who bought £10k of bitoins 9 months ago could now have a £200k house built

That's so nice.

dryhat

chucky wrote: »

That's so nice.

It is nice.

And we will begin to see more of it as more companies see the benefits of Bitcoin.

Your "100% fact" that "you can't build a house with Bitcoin" has been shown to be false.
Just acknowledge that and move on.

chucky

dryhat wrote: »

It is nice.

And we will begin to see more of it as more companies see the benefits of Bitcoin.

Your "100% fact" that "you can't build a house with Bitcoin" has been shown to be false.
Just acknowledge that and move on.

I would bother to argue with you and put you in your box but it would give Bitcoin the exposure you so crave, so I won't.