Anyone can print their own money to replicate dollars and at very low cost.
Bitcoin multi-year forecasts
- Thread starter m22au
- Start date
"Where can I get that delicious pizzacoin?
On the other hand dumbass, you are saying I can only talk about TSLA if I own TSLA stocks? Somehow I missed that rule..."
Listen pepperoni nipples, you should be able to get that pizzacoin when the pizza shop you deliver for comes out with a premine. You, after all, have expressed your love for the idea of corporate blockchains multiple times. Microsoft, Amazon, JP Morgan, etc.
You didn't know the difference between the bitcoin blockchain and blockchain.info a while ago, so no one expects you to understand what a permissioned blockchain would be (I guess that would be the scheme of a Little Caesars incentive token). Maybe you no longer deliver pizzas and are on disability or social security. In that case, my bag....
On the other hand dumbass, you are saying I can only talk about TSLA if I own TSLA stocks? Somehow I missed that rule..."
Listen pepperoni nipples, you should be able to get that pizzacoin when the pizza shop you deliver for comes out with a premine. You, after all, have expressed your love for the idea of corporate blockchains multiple times. Microsoft, Amazon, JP Morgan, etc.
You didn't know the difference between the bitcoin blockchain and blockchain.info a while ago, so no one expects you to understand what a permissioned blockchain would be (I guess that would be the scheme of a Little Caesars incentive token). Maybe you no longer deliver pizzas and are on disability or social security. In that case, my bag....
Another sign of a bubble is having forum threads arguing about ludicrous prices vs realistic valuations which then turns into personal attacks.
Yes, it's a stock maket bubble. Just be careful and be willing to take small losses.
Concerning bitcoins, beyond the volatility, even if you were an early adopter and had millions in valuation, they can all be stolen if someone can make off with your cell phone number and use that to have an SMS code sent (to the thief) who will then change the password on the wallet and sell them. It's happened. Google "forbes medellin bitcoin"
Yes, it's a stock maket bubble. Just be careful and be willing to take small losses.
Concerning bitcoins, beyond the volatility, even if you were an early adopter and had millions in valuation, they can all be stolen if someone can make off with your cell phone number and use that to have an SMS code sent (to the thief) who will then change the password on the wallet and sell them. It's happened. Google "forbes medellin bitcoin"
The dollar is backed by:
Let's say you are the leader of a big oil producing country, shall we call you Saddam, and you get the crazy idea of switching to bitcoin or euro or seashells, instead of petro dollar, I have a feeling you will have stormy days coming...
If everyone wanted their $ out of the banking system (savings/checking, etc), the system would implode. So it is backed by the trust we have been jammed down our throats.
L
lovethetrade
Bitcoin could hit $100,000 in 10 years, says the analyst who correctly called its $2,000 price
http://www.cnbc.com/2017/05/31/bitcoin-price-forecast-hit-100000-in-10-years.html
http://www.cnbc.com/2017/05/31/bitcoin-price-forecast-hit-100000-in-10-years.html
Sure. But there is a technicality that forces you to use dollars. The IRS only takes tax payments in good old greenbacks. You can not pay with goats, gold, diamond or even with bitcoin.
That brings up an interesting scenario. Let's say your company is a very modern one and pays you only in bitcoin. So for simplicity let's say your annual salary is 50 bitcoins. Of course you want to pay your income taxes. But because the currency is appreciating very fast and the IRS wants to use the Apr 15th (or when ever you send the check that year) exchange rate it could be that you end up paying way more taxes than you should, had you got your salary in dollars...