Bitcoin Is Over $7,200!

[Deleted member 134708]

Coming up on 100% return since OP

Not actually true cause humans trading involved and policy etc. but...I like to think of it this way...

Faster that debt clock spins up and higher debt goes, BTC has to follow. It's a real way to measure inflation.

 

[Joe Flacco]

https://appraisersforum.com/forums/threads/bitcoin-hit-800-today-its-been-34-months.214966/

1,800% return since Big Ole Boy's post one year ago.

 

[djd09]

 

[Deleted member 134708]

I'm guessing your pic is a chart of central bankers printing money.

Cause it ain't bitcoin. Bitcoin, as of now, is deflationary. It's output in units is the results of fiats inputs. Put in $20T. Get out $14k.

Put in $1000000000000T yen, get out $200k.

Yes sir.

 

[Deleted member 134708]

HAhahaha.

This got confirmed.

Those who trade security for freedom deserve neither.

Governments are F'd if this really becomes something. People actually in control. What an idea.

 

[Big ole Boy]

A programmer/wiz in computers approached me this week. He and I are putting together a 6 gpu mining rig. He has his own business with hospital accounts around the country. I was flattered that he wanted me to go in halves with him on a rig. In downtown Johnson City there are old big banks built back in the 30's. One of them says on the side "The Peoples Bank". Well, I am hoping to convince him we should try to mine Vertcoin which calls itself "the peoples coin". It has the algorithm set up in such a way that it discourages larger miners from mining it (an unpredictable difficulty pattern built-in). I want to mine the peoples coin and make a new type of bank.

 

[djd09]

What kills me the most is the utter disgust with "fiat" , but they always calculated the bitcoin in dollars. When is the total conversion coming?

 

[djd09]

 

[Big ole Boy]

What kills me the most is the utter disgust with "fiat" , but they always calculated the bitcoin in dollars. When is the total conversion coming?

maybe when they have to talk about dollars in powers of 10 when compared to bitcoin. once you get past 5 or 6 zeros it gets harder to read as you get older

 

[Big ole Boy]

I know a lot of things that came hard and are not worth a dime either.