Bitcoins value is in transferring illegal money. When I looked into Bitcoins my max limit was 50 Euro. I can afford to lose that much. To put in more is foolish.
As I was willing to market my handmaid silver as a product knowing I would be stuck with transferable Bitcoins. It will be many years before they develop real world value. When I was excluded years ago I lost interest.
As there are no controls I can not see its value.
Matrix : Soul controls mind.
( : Do No Harm
[_D Allan H
-----Original Message-----
From: andrew vecsey <andrewvecsey@gmail.com>
To: minds-eye@googlegroups.com
Sent: Thu, 05 Dec 2013 2:14 PM
Subject: Mind's Eye Re: Bitcoin
As I was willing to market my handmaid silver as a product knowing I would be stuck with transferable Bitcoins. It will be many years before they develop real world value. When I was excluded years ago I lost interest.
As there are no controls I can not see its value.
Matrix : Soul controls mind.
( : Do No Harm
[_D Allan H
-----Original Message-----
From: andrew vecsey <andrewvecsey@gmail.com>
To: minds-eye@googlegroups.com
Sent: Thu, 05 Dec 2013 2:14 PM
Subject: Mind's Eye Re: Bitcoin
I was just thinking about the problem of hording Bitcoins and not spending them. Perhaps stores will start to offer discounts for people buying using BTCs. I have been hording them as well. It is difficult not to as I believe that this is all at the very begining of adoption and BTCs at the present are really undervalued because there are so few people ion the Bitcoin bandwagon. As it gets more and more accepted, the demand for it can only increase. As more and more people hord it, the supply can only decrease relatively. The only way out of this problem that I can see is to even out the supply to demand ratio. One way to do this is to make incentives for people to spend BTC. I have to and want to buy things, but I am running out of money to buy BTCs. What do you think?
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