Bitcoin hits $100
- Thread starter lcver
- Start date
Except with stocks you are buying ownership in a company that has physical assets and receivables etc., and with currencies you are holding a medium of exchange that can be used to pay taxes among other things.
You can speculate on anything of course, but there is a difference between speculating on something that has value and something having value simply due to speculation.
Good luck bros.
If thats real better to not flash that shit around bro. Lots of hacks are happening right now because btc is so popular right now. Protect that shit.
A New Banking System
Im impressed, but, what is bitcoin truly backed up by?
If the encryption owners, and brokers, eventually start bitcoin banks.. They can go up to the United States Congress and say.. look, with out bitcoins, we Can eliminate the national debt of the united states. They laugh, BUT when it is backed up by some substantial investment or something precious, they will not laugh. The goal I see is to replace central banks and the Jekyl Island owned Federal Reserve, and take the money from The Rockefellers, and all them that truly own it. This is very well possible, but when bitcoin hits 100 trillion in assets, that would be a GREAT time to contact each member of congress, and POTUS, and let Nigbama know that the people can eliminate the deficit. That will send great fear into the hearts of leaders behind the scenes. Encourage Banks to transact and carry bitcoin.
That day is coming
This..
Makes me want to invest in Bitcoin, but I've got to know what this is truly backed up by. I need graphs, I need charts, i need brokers, I need more proof. I need INTRINSIC VALUE behind Bitcoin. And I need a Bitcoin Bank, Like the International Bank Reserve Or The First United States Bank.. Which deals in Bitcoins. when Businesses Transact in Bitcoins, you can buy A company in Bitcoins.. This is something I want to talk about, something I can get with a group of people who started Bitcoin, and those who are heavy investors in bitcoin.. and let history repeat itself. Once that happens, THE people can decide how Banks are run. Give the money system back to the people like it should have been done in the first place.
This is exposing the falsehood of our current fiat money system, yes. bitcoin may be more of a stock, than actual currency.
Quite Honestly, I dont think this is some sort of bubble, Unless the Fed's infiltrate it somehow.
Im impressed, but, what is bitcoin truly backed up by?
If the encryption owners, and brokers, eventually start bitcoin banks.. They can go up to the United States Congress and say.. look, with out bitcoins, we Can eliminate the national debt of the united states. They laugh, BUT when it is backed up by some substantial investment or something precious, they will not laugh. The goal I see is to replace central banks and the Jekyl Island owned Federal Reserve, and take the money from The Rockefellers, and all them that truly own it. This is very well possible, but when bitcoin hits 100 trillion in assets, that would be a GREAT time to contact each member of congress, and POTUS, and let Nigbama know that the people can eliminate the deficit. That will send great fear into the hearts of leaders behind the scenes. Encourage Banks to transact and carry bitcoin.
That day is coming
This..
Makes me want to invest in Bitcoin, but I've got to know what this is truly backed up by. I need graphs, I need charts, i need brokers, I need more proof. I need INTRINSIC VALUE behind Bitcoin. And I need a Bitcoin Bank, Like the International Bank Reserve Or The First United States Bank.. Which deals in Bitcoins. when Businesses Transact in Bitcoins, you can buy A company in Bitcoins.. This is something I want to talk about, something I can get with a group of people who started Bitcoin, and those who are heavy investors in bitcoin.. and let history repeat itself. Once that happens, THE people can decide how Banks are run. Give the money system back to the people like it should have been done in the first place.
This is exposing the falsehood of our current fiat money system, yes. bitcoin may be more of a stock, than actual currency.
Quite Honestly, I dont think this is some sort of bubble, Unless the Fed's infiltrate it somehow.
I know some day traders RIGHT NOW that are trading in Bitcoins. some of them are talking that they may take half of their investments and Trade Bitcoin.
But we need something more concrete, more substantial.. as many there are who loves bitcoin, there are twice as many who hate it.
But we need something more concrete, more substantial.. as many there are who loves bitcoin, there are twice as many who hate it.
Rick Santelli discussing Bitcoin ATMs:
[ame=http://www.youtube.com/watch?v=OgxeB6ro_NI]Rick Santelli Discusses The Possibility of Bitcoin ATMs In Cyprus & The US - YouTube[/ame]
[ame=http://www.youtube.com/watch?v=OgxeB6ro_NI]Rick Santelli Discusses The Possibility of Bitcoin ATMs In Cyprus & The US - YouTube[/ame]
I'm sticking with my prediction of $15 by September.
Oh, and apparently Litecoins are where it's at now! $0.50 to $5 in 3 days. Kick ass!
LTC/USD 5-days charts from BTC-e
(O_o)
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How to convert cash into BTC in ~10 minutes by <Conflict>:
I can confirm for sure that this method just worked for me (twice):
1) Use bitinstant and load up whatever amount you want to put into Gox
2) Select Cash Deposit and chose CVS (or I suppose any other MoneyGram location) and print out your confirmation sheet
3) Go down to CVS, pick up the red Moneygram telephone and press the following EXACTLY on the keypad: 1, 2, 1, <full amount you're paying including the fee>, 1, your phone number (if you left one when you entered bitinstant info), #, 1, 1, 1, 1, 2, 2, <account number from the print out>, #, 1
4) Bring print out to cashier, tell them you're paying a bill using instant payment, pay them
5) check gox 10seconds to 5 minutes later
I can confirm for sure that this method just worked for me (twice):
1) Use bitinstant and load up whatever amount you want to put into Gox
2) Select Cash Deposit and chose CVS (or I suppose any other MoneyGram location) and print out your confirmation sheet
3) Go down to CVS, pick up the red Moneygram telephone and press the following EXACTLY on the keypad: 1, 2, 1, <full amount you're paying including the fee>, 1, your phone number (if you left one when you entered bitinstant info), #, 1, 1, 1, 1, 2, 2, <account number from the print out>, #, 1
4) Bring print out to cashier, tell them you're paying a bill using instant payment, pay them
5) check gox 10seconds to 5 minutes later
A lot of people who purchased coins months & years ago and have to submit a shitload of verification to mtgox for the AML to sell and would rather not go through the hassle and just hold on to the coins. It's much easier to liquidate $100k worth of stocks on etrade than $100k of bitcoin. Then you have all the demand due to the finite number of coins and mass adoption by businesses, so to increase the money supply the price per coin must go up. If bitcoin achieves just 1% of the adoption of cash the price will be in the 1000's.