5 ms·

lol, you get your salary, the next day, down 4 percent...

• mateuszf 12y ago
  or 30 up
• imaginenore 12y ago
  If you get paid in USD, it's guaranteed to slowly lose value. Unlike Bitcoin.
  • res0nat0r 12y ago
    I'll bank on the stability of the USD backed by the US government over Bitcoin anytime.
    • imaginenore 12y ago
      It sure is stable, at losing value: http://3.bp.blogspot.com/-mAg6FMpNGpM/Ta9ICcEMonI/AAAAAAAABBM/UoQG8vxtBX0/s1600/U.S.%2BDollar%2BPurchasing%2BPower.jpg http://3.bp.blogspot.com/-mAg6FMpNGpM/Ta9ICcEMonI/AAAAAAAABB...
      • res0nat0r 12y ago
        And the best part is I know roughly how much of my income I'm going to part ways with tomorrow and next month when I want to buy a gallon of gas, grocery items, or a car. That graph really has no bearing on day to day swings of the USD vs. the insane volatility of bitcoin that seems to get glossed over by all of its rabid proponents.
        • deleted 12y ago
          [deleted]
        • imaginenore 12y ago
          It goes up more than it goes down so far. Long term it doesn't matter. What rabid opponents don't understand is that volatility will subside with the adoption.
  • notahacker 12y ago
    I think the "slowly" is the important bit here. BTC lost as much value against the US dollar over the last month as the US dollar's loss in purchasing power since 2005, and the US had the worst economic crisis in half a century and an awful lot of QE over that time period. Of course, the dollar also didn't gain value in a wild speculative gold rush in 2013, but there's something to be said for stability in the means of payment.