Search content
Sort by
Showing 9 of 9 results by slojina
We are quite unique living in a world where money devalues constantly, generations before us used to enjoy stable prices that lasted their lifetimes.
Right.
http://s12.postimg.org/5t963n34d/Capture.png
Quote post to see chart
ok i grant that devaluing
Not sure if joking.
Quote from: /wiki/History_of_the_United_States_dollar
By the end of 1778, Continental Currency retained only between 1/5 to 1/7 of its original face value. By 1780, Continental bills - or Continentals - were worth just 1/40th of their face value. Congress tried to reform the currency by removing the old bills from circulation and issuing new ones, but this met with little or no success. By May 1781, Continentals had become so worthless they ceased to circulate as money. Benjamin Franklin noted that the depreciation of the currency had, in effect, acted as a tax to pay for the war.[1] In the 1790s, after the ratification of the United States Constitution, Continentals could be exchanged for treasury bonds at 1% of face value.[2]
Edit:
The Average Life Expectancy For A Fiat Currency Is 27 Years ...
Without investing in a formal study, I'll hazard a guess: The average life expectancy of a cryptocurrency is about a week.
Source: https://bitcointalk.org/index.php?board=159.0
We are quite unique living in a world where money devalues constantly, generations before us used to enjoy stable prices that lasted their lifetimes.
Right.
http://s12.postimg.org/5t963n34d/Capture.png
Quote post to see chart
... Can't see any reason why it would go down.
Because all the mining hardware currently running near break-even gets taken offline & becomes available/useful only for 51% attack?
And forget about "decreased supply." Supply is constantly increasing, it is the # of BTC mined to date. Also, speculative demand don't fit into the price/demand equation like you think it do.
...
Printed currency is not money because it doesn't fulfill the requirements of money:
http://www.marketoracle.co.uk/images/2009/Apr/article_id1708_01.gif
...
Printed currency is not money because it doesn't fulfill the requirements of money:
http://www.marketoracle.co.uk/images/2009/Apr/article_id1708_01.gif
...
I suppose. If you make up random requirements like "Intrinsic value"
Start educating yourself here: https://en.wikipedia.org/wiki/Money
People would also start to see it as a safe haven opportunity to store their wealth without potential risk of sudden devaluation.
But that can only really work once it's reached a vast number of users. Let's say it retains $240 worth of buying power for the next few years with the amount of users it has now. To the outside world it's small, boring and stable so becomes considerably more attractive if there is some type of crisis. If ten million newcomers people suddenly wake up to the idea of it being a safe haven then it's back to fireworks again.
Stable price @ high volume: stability.
Stable price @ low volume: dead market.
November is coming. Be ready for moon.
October is coming.
Why November?
monthes are hard, first OP has to lrn which way is up.
@OP
>Direction is NNE (north northeast)
price fell by $40 since your first post in this thread. That's called "down," or "SSE" if you wanna b cute
>MOON TIME
Re: Proof that Quickseller is BiPolarBob/PistolPete AND intended to SCAM!
Except when the dox is wrong...
That's a different issue. I have no information as to the veracity of teh doxxes.
...
Lemme know how it feels like when it happens to you ...
Lemme know how it feels like when it happens to you ...
My guess is I wouldn't enjoy it. That's why I, as a rule, don't lie needlessly, try to doxx people I have no business doxxing, or threaten said people with lawsuits.
Re: Proof that Quickseller is BiPolarBob/PistolPete AND intended to SCAM!
Vod, where are you getting this info from? Reason I ask is because from my few trades with QS, I have completely different info. You might want to double or triple check if you haven't already unless you don't mind doing the same thing that was done to you (talking about the false pedo accusations).
I'd also like to know this. You should be very careful because if you have got the wrong person that could lead to a whole other can of worms being opened not to mention completely unfair to the innocent party. I haven't really seen any info presented on how he got this cody black guy unless vod has been fed some information (which could be ebntierly innacurate).
Yeah, these doxxing skills are pretty bad and I feel sorry for the collateral damage. First of all QS self-escrowing was not good, but doxxing someone over a few bucks that he refunded? This thread is pretty sad and shows how overboard people here will go when they get mad. Of all the scams that happen here, this one was one of the least harmful, yet gets so much attention
Edit: I do not even consider this a scam so much as shady/in the grey area - remind me who lost what here again?
It's not about a few bux.
QS encouraged users accusing Vod of being a pedo & doxxing him ( https://bitcointalk.org/index.php?topic=1182044.0 ).
He also threatened to sue Vod, and received 20 BTC from TF towards that end.
So yeah, a doxxing and an email to the employer seems like a reasonable retort