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I NEED ANOTHER BITCOIN THREAD2013-04-04 20:15
The economists have spoken. There is no more refuting it. Soon Europe will switch to bitcoin completely after the Euro hits hyperinflation and the US has announced that they will soon accept payment of taxes in BTC. Russia has nothing that anyone wants to buy, so they are irrelevant, but Japan has promised to start selling Touhou sex dolls and hentai in BTC as well. According to OPEC, all oil trades will be switching to BTC as well.
Why haven't you taken out a mortgage and spent your life savings on bitcoin yet?
>>82
Because the rate of growth is regulated to decrease over time. It started with a constant growth of 50 coins per 10 minutes with a half life of 4 years, so it's now it's 25 coins. The upper bound is about 21 million.
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Anonymous2013-04-07 21:23
Wow. I put in an order on Mt.Gox to sell 2 BTC at 170 USD/BTC a couple hours ago (when it was around 158 USD/BTC), thinking it probably wouldn't go through today. Looks like I was wrong!