Anyone Going To The Bitcoin Conference Next Weekend In Bsas?

[Sleuth]

Wanted to see if anyone else was planning on going to the Bitcoin conference next weekend...

http://www.labitconf.com/program.php

 

[thomsono1912]

Only to laugh at the big mistake everybody there is making

 

[scotttswan]

Only to laugh at the big mistake everybody there is making

I'll save my money and laugh at the videos they will no doubt post.

 

[Sleuth]

I think there is definitely a place for crypto currency in the future. Whether or not it is Bitcoin is anyone's guess. The volatility is one of the major drawbacks at the moment, but I do believe that it will stabilize and at a higher price than it is today. I'm realistic about it too - anyone who is interested now should know that it is gambling and they should only put in what they can afford to lose. I'm up as I've been buying throughout the year, so I'm pretty happy, but following it on a day-to-day basis can be nerve racking.

Forbes' article about using Bitcoin to avoid capital controls is very interesting - no reason to take cash out of the country, just buy Bitcoin and put it on a USB drive, then convert back at your destination. I think there will be a lot of similar uses down the road.

 

[notebook.fix]

The volatility is one of the major drawbacks at the moment

I agree, and it's a 'natural' volatility. I'm more certain than ever, we're witnessing the birth of a monster, a nice monster that is going to change the way we all think about our private property & what we should be allowed to do with it. Hang on to your hats!

 

[notebook.fix]

no reason to take cash out of the country, just buy Bitcoin and put it on a USB drive, then convert back at your destination.

I wonder just how long before people finally wake up. The writing's on the wall, Cristina has shown her cards, she's going to totally decimate the currency, more inflation, more printing, more dollar controls...we're sitting in BITCOIN ground zero.

 

[internationalguy]

There are too many ground zeroes these days. You really can't claim to have exclusive rights.

 

[notebook.fix]

There are too many ground zeroes these days. You really can't claim to have exclusive rights.

true...there are others with currency controls like Iran, North Korea, Venezuela...etc etc...but we have the perfect storm brewing away here.

 

[internationalguy]

I meant the storms that are brewing in western economies.

 

[el_expatriado]

I'll save my money and laugh at the videos they will no doubt post.

Just keep laughing at all of us who believe in bitcoin... meanwhile its gone from $13 to $800 this year.

I'll keep laughing all the way to the bank.