Bitcoin gone bust
Depends on how many people end up using it, but it has many advantages over any kind of money that is now in circulation.To protect the value of your time and energy, it is better to hold items that took time and energy to create.I have never written much about bitcoin because I never believed in it.I spend a couple hours a day bantering back and forth with the Zerohedge minions.People are really loves of speculations.they bought some Bitcoin because of its speculative value and they keep on speculating again when Bitcoin can go bust.Even in the real world wallets can be lost or stolen (like cash, none reversible).The original Boston Tea Party was against tax breaks for the East India Company.Why the ability to bet on Bitcoin going bust could help stabilize the market.
To take out the bad, so the good can learn and make it even more secured.I think Bitcoin is going to run out of people who see the value.And if the Internet is taken down somehow, the world will have far bigger problems than retrieving your money.Gox is going to sink Bitcoin, government is going to sink Bitcoin, you have to think every government on the planet that is hard up for money is looking at Bitcoin, as a future revenue source.Stefan Thomas, who introduced millions of people to bitcoin, has had a change of heart.
The Collapse Of Bitcoin By Michael Snyder, on February 25th, 2014.GOLD IS A SCAM invest in silver, nickel and copper as its much less likely to confiscated.And it has utility in physical reality in that it can be transmitted without 3rd party parasites or censors.FACT: The Best and Brightest of our young couples are averaging 1.1 children average, when under the best circumstances, it takes 2.2 children for any human population just to barely reproduce themselves.
The Pros and Cons of Investing in Bitcoin | Student Loan Hero
As an investment, should I trade stock or cryptocurrenciesWe got nailed for reducing our reliance on the grid (backups for the backups).Might want to do some homework before attacking things you clearly do not understand.
Being prepared means more than preparing only for total collapse.Currently, all the major currencies in the world are printed by central banks and LOANED into existence to governments.
North Korea chases Bitcoin to bust sanctions - Radio WaveThey have either a utility value or an exchange (monetary) value.As is always the case in markets and investment, not everyone is looking to go with the grain.Nobody who has a local wallet is being affected by Mtgox issues.The only thing that will stop the price from going through the roof is a competing superior product, or lack of acceptance from people in the marketplace.Bitcoin is NOT, I repeat, is NOT a threat to the central banking cartel.
Perhaps a little investigation into what the collapse looked like would help you to see possible futures a little more clearly.Some countries, including Russia, have effectively banned the currency.Should this come to be, you may want to be located outside the jurisdiction of the USSA when TSHTF.If Hurricane Irma Becomes The Strongest Hurricane In History, It Could Wipe Entire Cities Off The Map.
North Korea chases Bitcoin to bust sanctions - Wire FMBusiness advisory firm Johnston Carmichael has been appointed as administrator.An MLM-based investment scheme that used bitcoin as its transactional currency has gone bust, in Vietnam.
Bitcoin is inferior to virtually any BS debt-based fiat in that respect, again that may change, but also, Bitcoin MAY go to its intrinsic value (zero) as well.
Does Bitcoin Belong in Your Portfolio? | Buy and Hold
Why Bitcoin Has Value - Business InsiderThe only thing giving bitcoin value is the faith that people have in it, and now that faith has been shattered.Even though gold has little true intrinsic value and, as so many repeatedly point out, it cannot be eaten, it can be forged into rings, necklaces, images of goats, and all manner of other monuments to human ego.
Bitcoin is a fascinating idea, but it is fundamentally dependent on 2 things: electricity and a global internet.
Stealing bitcoins with badges: How Silk Road’s dirty cops
As with any new industry, there are certain bad actors that need to be weeded out, and that is what we are seeing today.Bitcoin is a threat to US dollar and the government knows this.The Potential Value of Bitcoin is Exciting To. of governments gone bust,.They are only a little over half way to completing all the bitcoin mining for available coins.Apple has unveiled a new edge-to-edge display iPhone which will go on sale as the most.The media has declared bitcoin dead a countless number of times yet it always bounces back.Mt.Gox CEO Mark Karpeles has resigned from the Bitcoin Foundation to tend to his troubled exchange.They are not real, and at root do not represent anything real, or necessarily anything of value.
Bitcoin, 10days after this post is almost the double of the price here posted (720USD as today) and gaining momentum.While this may sound unpatriotic, I think the 16th Amendment, the Federal Reserve Act and all these endless wars that are sucking the lifeblood from our economy are much more unpatriotic than my wishing to keep what I earn with my brains and my two hands for myself.Oh and you can buy gold or silver with bitcoin and vice versa if you think that legitimizes it at all.
Become the best Bitcoin miner and learn how to mine Bitcoins with the best Bitcoin mining. creation will go.
Buy A Little Bitcoin - Even If You Think It's WorthlessBitcoin has gone through a bit of a boom and bust but is still popular with poker players and in particular.Bitcoin has some wonderful basic ideas, but some major practical failures that will prevent it from ever being in widespread use.
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