bitcoin

Quote Originally Posted by wallstreetcappers:

Its a limited number electronic currency..

this is false, it is not a limited number currency. Its based on supply and demand using algorithims to come up with the supply. In fact, with the way they have set it up, bitcoins are limitless in terms of the supply avilable, just depends on the demand for them

Quote Originally Posted by wallstreetcappers:

Do you know what limited means? Maybe instead of saying false you could put some parameter on what you consider limited.

I do not consider the potential mining to make bitcoins UNLIMITED..there are severe restrictions to mining them, it is not like flipping on your computer and making them instantly. So thanks for making a moronic comment..relative to OTHER currencies, bitcoin most positively IS limited in number.

I should have known from your handle name that you would disagree! You must support all the easy money printing going on in every developed country in the world!

In that aspect i guess you could say bitcoin is a limited currency, your right that stupid moronic central bankers cant just keep printing it.

Its even more reason why this currency is preferable from an investment standpoint then any other currency in the world.

Now carry on with your Keynesian economics thinking that is destroying this country and the entire world!