Is the price of gold higher than Bitcoin?

Discussion in 'Digital Currencies' started by slavaja, Feb 22, 2020.

  1. 66rounds

    66rounds Well-Known Member Silver Stacker

    Joined:
    Jun 22, 2019
    Messages:
    2,363
    Likes Received:
    2,464
    Trophy Points:
    113
    Location:
    Melbourne
  2. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    21,286
    Likes Received:
    4,122
    Trophy Points:
    113
    Location:
    昆士蘭
    So is believing in conspiracy theories.
     
    precious roar likes this.
  3. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    3,372
    Likes Received:
    1,817
    Trophy Points:
    113
    Location:
    Singapore
    haha, my reply was meant to be a joke.
     
  4. 66rounds

    66rounds Well-Known Member Silver Stacker

    Joined:
    Jun 22, 2019
    Messages:
    2,363
    Likes Received:
    2,464
    Trophy Points:
    113
    Location:
    Melbourne
    Turn off the tv and it might help you sort out fact from fiction
     
    Oddjob, adze67 and sgbuyer like this.
  5. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    21,286
    Likes Received:
    4,122
    Trophy Points:
    113
    Location:
    昆士蘭
    That's very funny. And rather ironic.



    I've highlighted the bit that may apply to you.
     
  6. 66rounds

    66rounds Well-Known Member Silver Stacker

    Joined:
    Jun 22, 2019
    Messages:
    2,363
    Likes Received:
    2,464
    Trophy Points:
    113
    Location:
    Melbourne
    Yes a tendency to use human reason and rationality instead of asking the people on the idiot box to think for me
     
  7. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    21,286
    Likes Received:
    4,122
    Trophy Points:
    113
    Location:
    昆士蘭
    But you didn't reason nor rationalise. You interneted.

    Screen Shot 2021-02-13 at 1.03.25 pm.png
     
  8. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    21,286
    Likes Received:
    4,122
    Trophy Points:
    113
    Location:
    昆士蘭
    Yep, space travel is a conspiracy. Coz the Internet told me.

    Screen Shot 2021-02-13 at 1.03.50 pm.png
     
  9. Azure

    Azure Member Silver Stacker

    Joined:
    Oct 22, 2009
    Messages:
    263
    Likes Received:
    17
    Trophy Points:
    18
    Is bitcoin carbon neutral?
    How much energy would it consume if used to replace existing checking and money transfer systems globally.
    How much data would the blockchain contain in such a world?
    How long till quantum computing removes / negates ALL the security bitcoin currently affords?
    Who has the authority to modify the way the bitcoin system works to deal with these and other issues?
    Could changes to the way it works break it?
    Would it then be another system, and not actually bitcoin... and how would people migrate wealth from one system to the other?
    If I buy a house using bitcoin (without interest), how long would It take to pay it back? What would bitcoins price have to be like to provide the features of a monetary system that could actually WORK as a financial backbone to society? Can bitcoin be transfered / checked and verified, WITHOUT an internet connection?
     
    Last edited: Feb 13, 2021
    66rounds likes this.
  10. 66rounds

    66rounds Well-Known Member Silver Stacker

    Joined:
    Jun 22, 2019
    Messages:
    2,363
    Likes Received:
    2,464
    Trophy Points:
    113
    Location:
    Melbourne
    "Conspiracy Theorist": Provides link to well reasoned argument supporting his case

    Tele-Tubby: "Great internet research bro have some memes, Governments never lie, trust the CPI"
     
    STKR and adze67 like this.
  11. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    3,372
    Likes Received:
    1,817
    Trophy Points:
    113
    Location:
    Singapore
    Last edited: Feb 13, 2021
    Oddjob, Azure and 66rounds like this.
  12. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    21,286
    Likes Received:
    4,122
    Trophy Points:
    113
    Location:
    昆士蘭
    Screen Shot 2021-02-13 at 1.46.20 pm.png
     
    LiverBird, Azure and 66rounds like this.
  13. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    3,372
    Likes Received:
    1,817
    Trophy Points:
    113
    Location:
    Singapore
    66rounds likes this.
  14. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    21,286
    Likes Received:
    4,122
    Trophy Points:
    113
    Location:
    昆士蘭
    Apparently it can. Some really keen nerdy types have played around with radio waves and have managed to transfer BTC over a few hundred kilometres.
     
  15. 66rounds

    66rounds Well-Known Member Silver Stacker

    Joined:
    Jun 22, 2019
    Messages:
    2,363
    Likes Received:
    2,464
    Trophy Points:
    113
    Location:
    Melbourne
  16. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    21,286
    Likes Received:
    4,122
    Trophy Points:
    113
    Location:
    昆士蘭
    Aaaaah, "The Corbett Report".

    >Puts down his oversized Coke and Big Mac and changes TV channel to "The Bachelorette"<

    There, that's better. Less insulting to my intelligence.
     
  17. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    21,286
    Likes Received:
    4,122
    Trophy Points:
    113
    Location:
    昆士蘭
    @Azure, buy BTC if you haven't already.
     
  18. Azure

    Azure Member Silver Stacker

    Joined:
    Oct 22, 2009
    Messages:
    263
    Likes Received:
    17
    Trophy Points:
    18
    @mmm....shiney!

    Yeah I suppose a broadcast signal would count... nice!

    The main arguement behind that one is the qualification of tangiability. Bitcoins fungability (divasbility) is often touted as a huge positive but its doesnt technically meet the ability for being physical (real)...

    I suppose you could mark a usb drive with x satoshi on it along with all its access codes and hand it to another person, but It seems like cheating...
     
    66rounds likes this.
  19. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    21,286
    Likes Received:
    4,122
    Trophy Points:
    113
    Location:
    昆士蘭
    Or you could just use cash. :p
     
    Azure likes this.
  20. 66rounds

    66rounds Well-Known Member Silver Stacker

    Joined:
    Jun 22, 2019
    Messages:
    2,363
    Likes Received:
    2,464
    Trophy Points:
    113
    Location:
    Melbourne
    Codes on a drive hardly count as physical
     

Share This Page