Crystal ball time - interest rates

kinger101

Ronder33 said:

bitcoin is all about storing value , there will only ever be 21 billion bit coins, no more. Already 18 billion in circulation. 

Problem for bitcoin is the coin value is difficult (Too high) for Use in every day life.
even bitcoin cash its values are probably too high for every day life. 

There will be another Crypto currency soon Enough that will be the go to for every day transactions, I don’t think bitcoin cash will be it. 

If only someone came up with a way of not pricing things in whole integers.

Mr.Saver

kinger101 said:

Ronder33 said:

bitcoin is all about storing value , there will only ever be 21 billion bit coins, no more. Already 18 billion in circulation. 

Problem for bitcoin is the coin value is difficult (Too high) for Use in every day life.
even bitcoin cash its values are probably too high for every day life. 

There will be another Crypto currency soon Enough that will be the go to for every day transactions, I don’t think bitcoin cash will be it. 

If only someone came up with a way of not pricing things in whole integers.

Or just use a different unit. For 0.000000001 bitcoins, one may still use integers but say 1 bitpence instead

eskbanker

Mr.Saver said:

kinger101 said:

Ronder33 said:

bitcoin is all about storing value , there will only ever be 21 billion bit coins, no more. Already 18 billion in circulation. 

Problem for bitcoin is the coin value is difficult (Too high) for Use in every day life.
even bitcoin cash its values are probably too high for every day life. 

There will be another Crypto currency soon Enough that will be the go to for every day transactions, I don’t think bitcoin cash will be it. 

If only someone came up with a way of not pricing things in whole integers.

Or just use a different unit. For 0.000000001 bitcoins, one may still use integers but say 1 bitpence instead

Or just call them bits-of-bitcoins....

badger09

eskbanker said:

Mr.Saver said:

kinger101 said:

Ronder33 said:

bitcoin is all about storing value , there will only ever be 21 billion bit coins, no more. Already 18 billion in circulation. 

Problem for bitcoin is the coin value is difficult (Too high) for Use in every day life.
even bitcoin cash its values are probably too high for every day life. 

There will be another Crypto currency soon Enough that will be the go to for every day transactions, I don’t think bitcoin cash will be it. 

If only someone came up with a way of not pricing things in whole integers.

Or just use a different unit. For 0.000000001 bitcoins, one may still use integers but say 1 bitpence instead

Or just call them bits-of-bitcoins....

What about bit-bits? Or bit-less-of-a-bit? Or bit-more-of-a-bit? Or...... I'll get my coat sunscreen

JustAnotherSaver

RG2015 said:

Banking involves numbers. Is that maths?

I can also think of a lot of other things that involve numbers but would not regard as maths.

I start the day with £100. I end the day with £50. That's a loss of £50 or 50% so yes maths can be used in banking too.

Look, i know this is the internet so i know the law of the internet dictates that someone makes a point and so then someone else needs to shoot that point down and that's what's going on here but you forget one key ingredient ... i don't actually care what you think. I was just saying what it is to me. I'm not trying to prove a point or look for acceptance. You keep doing you

RG2015

JustAnotherSaver said:

RG2015 said:

Banking involves numbers. Is that maths?

I can also think of a lot of other things that involve numbers but would not regard as maths.

I start the day with £100. I end the day with £50. That's a loss of £50 or 50% so yes maths can be used in banking too.

Look, i know this is the internet so i know the law of the internet dictates that someone makes a point and so then someone else needs to shoot that point down and that's what's going on here but you forget one key ingredient ... i don't actually care what you think. I was just saying what it is to me. I'm not trying to prove a point or look for acceptance. You keep doing you

Apologies. It was only meant as a light hearted quip.

coachman12

RG2015 said:

JustAnotherSaver said:

RG2015 said:

Banking involves numbers. Is that maths?

I can also think of a lot of other things that involve numbers but would not regard as maths.

I start the day with £100. I end the day with £50. That's a loss of £50 or 50% so yes maths can be used in banking too.

Look, i know this is the internet so i know the law of the internet dictates that someone makes a point and so then someone else needs to shoot that point down and that's what's going on here but you forget one key ingredient ... i don't actually care what you think. I was just saying what it is to me. I'm not trying to prove a point or look for acceptance. You keep doing you

Apologies. It was only meant as a light hearted quip.

Certainly didn't seem like a light-hearted quip to a casual observer..................