Hey idiot, if you bothered to look, ALL of those businesses list prices in UNITED STATES DOLLARS and convert to Bitcoin at checkout because it's a wildly unstable currency.
Your trolling is starting to fail. You claim no business could run on bitcoin. sorry to break it to you dude, but hundreds of businesses already accept bitcoin. Including reddit, okcupid, wordpress, namecheap, if you want some big ones. Proven wrong, nice try.
Here is a bar in New York that accepts bitcoin, and the owner explains exactly why your points are irrelevant: http://www.youtube.com/watch?v=hm6aM8mIQSs
I truly don't understand why TF people can't understand this. Why price deflation ensures that people hoard their money. Every economist on the planet knows this, what is it about Bitcon-faithful that they can't understand it?If you spend 10 bitcoins to buy a laptop on Monday, and by Wednesday you could have bought two laptops for the same number of bitcoins, you're gonna get pissed off.
Which they immediately turn into a real currency.but hundreds of businesses already accept bitcoin
He turns his bitcoins immediately into real money. You fail.Here is a bar in New York that accepts bitcoin, and the owner explains exactly why your points are irrelevant: NYC Bar Owner Explains Why It's Risk Free To Accept Bitcoins As Payment
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA You remind me of a guy who once told me he had "figured out" how to consistently make money playing Black Jack.Unless you are some kind of mathematics retard, you should be able to realize those are good odds- buy bitcoin and 98% of the time you increase your investment by about 1000% on average, the other 1% of the time you merely increase your investment by less than 400%, but yes there is a tiny 0.5% chance if you buy at the worst possible time in the middle of a huge run up you may lose money when it corrects.
Where do I sign up? Gotta put my 7970 to good use.Sadly, both Bitcoin and Litecoin have become difficult to mine. Unless you want to build a server farm of PC's with fast AMD video cards or get on the waiting list for an ASIC, you're not going to make a lot of money at this.
What we need to do is create our own virtual currency and get in on the ground floor while mining them is easy. I think that we should call this ATOT currency "nefcoin"... what do you think?
I'm 99.9% sure Chiropteran is trolling at this point. No one can possibly be that stupid.
You should hear his thoughts on irrigation.
Hey idiot, if you bothered to look, ALL of those businesses list prices in UNITED STATES DOLLARS and convert to Bitcoin at checkout because it's a wildly unstable currency.
hundreds of businesses already accept bitcoin
I'm 99.9% sure Chiropteran is trolling at this point. No one can possibly be that stupid.
Sadly, both Bitcoin and Litecoin have become difficult to mine. Unless you want to build a server farm of PC's with fast AMD video cards or get on the waiting list for an ASIC, you're not going to make a lot of money at this.
What we need to do is create our own virtual currency and get in on the ground floor while mining them is easy. I think that we should call this ATOT currency "nefcoin"... what do you think?
What you don't get is that you made money in spite of yourself, not because of yourself.It sucks being so stupid that I've made tens of thousands of dollars by running a program on my computer
What you don't get is that you made money in spite of yourself, not because of yourself.
What you don't get is that you made money in spite of yourself, not because of yourself.
No shame in taking advantage of newbs and being in early, pumping it up to find a greater fool. The thing is, you need to realize what it is. Chiropteran doesn't. He thinks it is something other than a big charade, and that is his failing. I said a few days ago I doubted this thing was up yet. There is still money to be made from newbs in the center of that venn diagram posted earlier, but a person really shouldn't delude themselves into thinking it's anything other than a gamble.Yeah... I think that these cryptocoins are pretty silly as well. But, hey... if people are crazy enough to pay for them, I'll be glad to increase the supply until this fad goes away.
Exactly, and a lot of people made money on Madoff. Just because something is a big joke (hi, Bitcoins) doesn't mean nobody can make money. That's really part of what makes it a big scam. It is laughable that people who are actively involved don't understand what they are getting into, though. If they hang on until the bitter end they're caught holding the bag.Hey, I hear this guy named Madoff has a great mutal fund. Want to invest a few million?
are you trying to make a point? cuz BTC is pretty much a riskier version of gold.
9ke9: sailingboat: are you an experience trader? becasue if it gets to 110 its probably going to 150 160 on spike.
sailingboat: 9ke9, no i am not experienced trader, just a boared meth head uni student
Frogmanx: The key is to identify what strategy to employ at the current state in the market. Need to adjust strategies on the fly or you'll get caught out
bry0n969: how many times has your fiat been taxed? keep your inflated shitty government controlled curriencies and bitcoin will not crash and will not sit low enough for you weak asses
Rob2285: only a drop like any other financial market and will go back up
Ah I love scaled graphs. Looks so drastic when you can arbitrarily set the y axis.
$58.30
Im a quasi supporter of VCs. I dont have a Mt. Gox account but I think I might set one up and consider a buy in the $30-$40 range. Maybe just a few coins.
I thought this must have been the virtual currency the op spoke of, my bad.