Quote from: aztecminer on July 25, 2015, 05:33:56 AM

Quote from: BrewCrewFan on July 25, 2015, 05:23:52 AM

Quote from: aztecminer on July 25, 2015, 05:08:48 AM

Quote from: hendra147 on July 25, 2015, 04:56:24 AM

Quote from: adamstgBit on July 25, 2015, 04:40:25 AM

Quote from: aztecminer on July 25, 2015, 04:24:06 AM

soon 1 oz of silver will be worth 320+ bitcoins ..

your a fucking MORON

but you realy knew that so good night bitch.

and 1 bitcoin can buy your brains Roll Eyes

problems with bitcoins:

A. "dumb people" are going to lose bitcoins if and when more people use them.

B. "dumb people" are going to lose bitcoins through malware hacks.. security for bitcoins is gimped for newbs .

C. eventually bitcoins will be forced to 'create out of thin air' more bitcoins. and bitcoins is not being straight forward about this thus it is being a scheme.

D. when more users do adopt bitcoin pc's will require a hard drive just to hold the blockchain, and everytime that hard drive fails will be forced to download the entire bloack chain again.

E. security has been gimped with bitcoin at exchanges.. and just about every single time a bitcoin exchange is hacked the perputators never get caught .. the coins are just gone.. noone ever gets busted ..

F. every single transaction is recorded in the blockchain.. no privacy at all... none zero.

G. we got people talking about "soft forks" to make new units of currency.. it might not be talked about but it sounds possible entire wallets being forked right out of the blockchain.

it is very doubtful all the problems with bitcoin can be resolved in time to become the replacement currency you all wish and hope for .. its going to be gold and silver.. they are going to surprise you and everyone holding bitcoins is going to take a massive haircut.

Problem is I cant send gold or silver across the planet in 15 seconds.

H. and you cant buy anything without a pc or phone either.

I. the entire economic infrastructure will have a serious vulnerability.

there ya go.. goodnite.

Unless you think WW3 is coming, you are a moron.

A complete financial fiat collapse = WW3 will ensue.

Everyone will demand that their debt be forgiven, and countries where govts end up dissolving over night will become the focus of a new world war.

Otherwise, I dont think we end up seeing hyperinflation, which would be a precusor and the final true bat-signal that war is coming. What's more likely it seems is that the world plunges into depression and there is a massive re-ordering of wealth. If that happens, I can assure you that GOLD and SILVER, although extremely valuable, will not supplant bitcoin. If you are a wealthy person looking to flee a country or to smuggle wealth overseas, you wont be looking at GOLD or silver as wealth preservation, they are far too difficult to move. Diamonds, gemstones, and state secrets as a physical asset will be much preferred over gold and silver.