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#676 |
Scooby Newbie
Member#: 106431
Join Date: Jan 2006
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![]() Not really. You're comparing the world reserve currency to a digital currency that's only a couple years old.
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#677 |
*** Banned ***
Member#: 15571
Join Date: Feb 2002
Location: Not where you think
Vehicle:2006 06 Forester XT Silver |
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#678 |
*** Banned ***
Member#: 15571
Join Date: Feb 2002
Location: Not where you think
Vehicle:2006 06 Forester XT Silver |
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#679 |
Scooby Newbie
Member#: 106431
Join Date: Jan 2006
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#680 |
Scooby Newbie
Member#: 106431
Join Date: Jan 2006
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#681 | |
Scooby Newbie
Member#: 223299
Join Date: Sep 2009
Chapter/Region:
MAIC
Location: NoVA/DC/NCR
Vehicle:2009 WRX WRB 4dr 2007 Kawasaki ZX6R |
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![]() You seriously wanna go down this road with me? You want me to compare the volatility of the DYX with gold prices over the last 5 years? Take a guess as to which one has had more unpredictable and wild swings in price. |
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#682 | |
Scooby Newbie
Member#: 106431
Join Date: Jan 2006
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Try 5,000 years The point I was trying to make is that the dollar has been around MUCH longer compared to bitcoin. And gold has been around before humans even walked the earth. I'm talking purely in terms of time, not volatility in the last few years. |
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#683 |
Scooby Newbie
Member#: 106431
Join Date: Jan 2006
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![]() Really though who gives a ****? Not sure why cwb1234 cares how somebody else spends their money.
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#684 |
Scooby Newbie
Member#: 223299
Join Date: Sep 2009
Chapter/Region:
MAIC
Location: NoVA/DC/NCR
Vehicle:2009 WRX WRB 4dr 2007 Kawasaki ZX6R |
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#685 |
Scooby Newbie
Member#: 106431
Join Date: Jan 2006
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![]() Yeah nobody cares.
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#686 | |
Scooby Specialist
Member#: 12408
Join Date: Nov 2001
Chapter/Region:
VIC
Location: Lotusland
Vehicle:2020 Model 3 SR+ Gray |
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#687 |
Scooby Newbie
Member#: 106431
Join Date: Jan 2006
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#688 | |
Scooby Newbie
Member#: 223299
Join Date: Sep 2009
Chapter/Region:
MAIC
Location: NoVA/DC/NCR
Vehicle:2009 WRX WRB 4dr 2007 Kawasaki ZX6R |
![]() Quote:
It's almost as if there's something in common with every gold standard that inevitably leads to failure. |
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#689 |
*** Banned ***
Member#: 15571
Join Date: Feb 2002
Location: Not where you think
Vehicle:2006 06 Forester XT Silver |
![]() You can spend/waste your money as you see fit. Just don't act like you've plunked down money into the next currency revolution that is on the brink of making the big leagues.
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#690 |
Scooby Specialist
Member#: 12408
Join Date: Nov 2001
Chapter/Region:
VIC
Location: Lotusland
Vehicle:2020 Model 3 SR+ Gray |
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#691 |
Scooby Newbie
Member#: 106431
Join Date: Jan 2006
|
![]() ![]() You guys are ridiculous, or incredibly bored. Arguing things that nobody is even arguing. ![]() Not sure how many times I need to repeat this, I was purely comparing the three in terms of time. Bitcoin has been around for a couple years. The dollar (depending on how define it) has been around for a couple hundred. And gold has been around forever. But whatever, keep on derping, it's kinda amusing. |
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#692 | |
Scooby Newbie
Member#: 106431
Join Date: Jan 2006
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![]() ![]() ![]() troll harder |
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#693 | |
Scooby Newbie
Member#: 223299
Join Date: Sep 2009
Chapter/Region:
MAIC
Location: NoVA/DC/NCR
Vehicle:2009 WRX WRB 4dr 2007 Kawasaki ZX6R |
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#694 |
Scooby Newbie
Member#: 106431
Join Date: Jan 2006
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#695 |
Scooby Specialist
Member#: 12408
Join Date: Nov 2001
Chapter/Region:
VIC
Location: Lotusland
Vehicle:2020 Model 3 SR+ Gray |
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#696 |
Scooby Specialist
Member#: 195061
Join Date: Nov 2008
Chapter/Region:
NWIC
Location: Cool story, Brogue
Vehicle:1997 ¯\_(ツ) Green |
![]() This thread smells like PP.
Lets get this back on track. I started to try and mine some litecoin last night. DL'ed CGminer and then found out that cudaminer is better at using nvidia gpus, but I cant get the damn thing to run. Everything looks fine in my batch file but CMD just pops up for a split second and closes. Guess I can look into it more tonight. Im just gonna mine for litecoin as it seems its up and coming and maybe in the off chance Ill make a little bit from it. Maybe not but hey its interesting. |
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#697 | |
Scooby Guru
Member#: 935
Join Date: Feb 2000
Chapter/Region:
MWSOC
Location: ಠ_ಠ Chicago
Vehicle:Will Woollard Fan Club |
![]() Quote:
Bitcoins aren't backed by anything but demand, which I can understand. But the process of creating them seems like a waste of material, time and energy. If you hang on to them that long inflation will kill you. Because apparently nothing else can! Last edited by Yotsuya; 11-19-2013 at 07:07 PM. |
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#698 |
Scooby Newbie
Member#: 42454
Join Date: Aug 2003
Chapter/Region:
SWIC
Location: AZ
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![]() Is it easy to sell? Can you just offload your coins right now and there will be a buyer? If so, since bitcoin seems to have gone parabolic, why not just sell? Or do you think the best is yet to come?
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#699 | |
Scooby Newbie
Member#: 7121
Join Date: Jun 2001
Chapter/Region:
MWSOC
Location: D2F.1 = D2F.2, D2F.3 = D2F.4
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#700 | |
Scooby Newbie
Member#: 56232
Join Date: Feb 2004
Chapter/Region:
RMIC
Location: omaha
Vehicle:89 325I i don't know |
![]() Quote:
The bitcoin is being reviewed in DC right now. Depending on their judgment, the price could rise or fall quite a bit. It's very tempting to wait for a huge dip in price and then jump on the bandwagon. |
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