Is bitcoin safe yahoo answers

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David Andolfatto, vice president of the Federal Reserve Bank of St.

But if you buy near the top, you expect to realize exceptionally high losses when the crisis passes.But even if this happens, bitcoin will remain a safe asset. (Smaller investors could invest in bitcoin ETFs, even though this would introduce counterparty risk.).Dear Lifehacker, Everywhere I go, I see Bitcoin popping up more and more.But Bitcoin is exhibiting gold-like properties -- with still higher upside.GLD.Bitcoin is an open-source peer-to-peer digital currency project.

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Safe haven assets are things that tend to go up in value when there is prevalent uncertainty or fear in the world.

It is shared peer-to-peer, with users signing with a personal key to verify transactions.

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Because there is no guidance from financial institutions or governments, the price is determined by simple supply-and-demand.

But the Winklevoss twins believe their new exchange will help investors get.Have you come across some really interesting stuff on the deep. paypal account and receive the balance in your bitcoin. - Like Yahoo answers,.

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When President Nixon abandoned the gold standard against the recommendation of the Federal Reserve Chairman in 1971, monetary policy appeared to lose its nominal anchor.

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My worry is that when they accepted the order and refunded the bitcoin that they can now.While the supply can be changed by consent, this is not likely to happen.It is possible that there will be a need to finance the book-keeping cost of bitcoin.

The monetary object (bitcoin) has no legal claim against anything of legal value.

The existence of a safe asset can stimulate coordination failure.

Bitcoin - The Internet of Money

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Find answers to recurring questions and. but 6 confirmations is often considered to be as safe as waiting 6 months on a.

Bitcoin (BTC) is a digital currency that can be instantly transferred to anyone in the world.I might make another post in the bitcoin section of the forums soon asking how I.Norton Safe Web scans websites and rates whether it is a safe sit to visit.Learn how to send and receive email, restore messages and contacts, set up IMAP, access your Yahoo Mail account, and fix spam problems.Bitcoin Stack Exchange is a question and answer site for Bitcoin.