If I am following that last bit correctly, it is actually something I comfort myself with. Because we live in a world where to many of us there is this obvious low hanging opportunity and yet the masses seem to be 99% blind.
That's the weird catch-22 in every life changing chance we get. If they were not hard for most to see, then it would not really be the opportunity it isin the first place. Chicken, meet egg.
The last bit was just an aside to JJG. I couldn't be bothered to quote him properly as I'm still on my first coffee. I probably should have added a horizontal line or something. |
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And also, I had no idea cars doesn't have distributor caps anymore.
Yep. Haven't had a distributor since 2000 and that was my wife's mini. My current car doesn't even have spark plugs  |
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What a glorious day
[Img=200]https://i.imgur.com/u5Ck86r.jpg[/img]
Is this from those guys who recreated the Windows background screen and then took some more? I watched their video last night. |
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Precisely this. My friend who has been doing the standard meme things (buying shitcoins, selling during the last correction and setting his buy orders $5 below the bottom, trading with all his stash etc) now has cold feet because Bitcoin "is too volatile and manipulable by big players" and can't be convinced that it's any better than fiat or, as he says, "the old system" because of that. Seems to be getting him quite anxious and he just can't understand how I can hodl and be cool as a cucumber. JJG, your value post is precisely what I mean. Negotiation is the exploration of who gets what share of the excess value. I'd say it's almost never evenly divided and no reason it should be. |
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The following thought might be more appropriate in some other thread, but I have long wondered whether or not BTC gains by all/most of us represent some kind of "Zero Sum Game", looking at the larger view. That is, a win for me (or us) would be a LOSS for someone else?
My inclination is to think "No", that this is not a Zero Sum arena, as it is new technology that has great promise.
Free trade is never a zero sum game. This is the mistake lefties make all the time. They only ever count the beans. |
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But he's been on the forum since 2014, that's what doesn't add up for me.
True. Quite a lot of posts too. If the rest of his portfolio was just simply huge... but then why bother rebalancing? |
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1% seems very low, especially for having been in for 4 years. I would say that even 5% would only really be for someone who doesn't really grok Bitcoin and is just getting going. (If you're just getting started and don't have much extra to invest, I could see lower numbers but then you probably don't have much in the way of other investments either).
Still, I always advocate that people should be comfortable with the investments they're making so I'm not going to call you wrong.
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Seldon on the screen
Foundation movie at last
Will it be too woke
I'd put several Satoshis on yes. |
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I was in my teens so that was quite awhile ago for me to remember any specifics. that's just the jist of what my memory holds on the subject, hence why I stated I don't think I would be a good person to review the piece.  My 20s for me I think while I was at uni. I don't recall details for much of the books but I seem to recall there was a lot of filler for generally a nice little twist towards the ends. |
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OPsec, richie.. opsec.. Nice selfie, though.  Sadly too close to home in these covid lockdown times.  |
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Well I'll give an opinion but I don't think I can do a fair review as like I mentioned in the past the Foundation is literally the only thing Asimov wrote that I couldn't slog through. Maybe its because I was to young and I would get pulled in now but all I remember about it is it went into such long drawn out detail about the specifics of cataloging and fundamentally boring bureaucratic methods that It just couldn't keep my attention. I'd think that you guys that actually have read the book would have more representative opinions on the subject than I would. This is actually the reason I'm thrilled to see it as a show as now I can get the story line without having to wade through a 3 inch thick technical manual. I don't really remember it that way. I do recall cryptography got a side-mention at one point in the form of message signing. |
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Thats just marcus being marcus.
I think some of us just find the deflation fear-mongering tiresome. "Oh no, by not squandering my money today, I can have a better life tomorrow. However will I cope?" |
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It could be used as a way of attacking Bitcoin by congesting the network but it would only be a temporary attack as no one is going to send that much Bitcoin. How do I know this? You can attack Bitcoin the same way now by sending 0.0000001 transactions on the network with no fees and it would congest the network but no one does it because they cannot keep it up and it would only be a temporary attack. Lightening makes it easier to do with fees but it would not make much of a difference because of the congestion it causes does not achieve any thing.
There's actually a minimum relay fee setting. Not sure what the default is these days but nodes won't forward transactions which don't have sufficient fees for a good few years now. |
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100k Pump soon, confirmed.
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Lets look at inflation. [...] Thats adjusted for inflation
Uh, sure...  TV's are 96% lower. keep in mind this is an equivalent purchase. in 2001 you would not buy a 72 inch tv.
Not really fair to do as the calculations for inflation allow substitution of lower quality goods for better ones (you can't afford steak so you buy cheap hamburger instead). What's good for the goose is good for the gander. If you're going to use similar methods, you have to look at the price of a typical TV for the time. |
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Not really, he sounds like a shitcoiner - quite surprising considering he's claiming to be a dev of Blockchair, everyone's favorite block explorer - ranting about Ethereum and using Bitcoin as an example of bad "governance". Not that surprising. There were plenty of people on both sides of the debate and debate was happening until the purge. Not everyone would jump ship just because they didn't get their way. |
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 What does he mean by here we are? It says 4/7 so I'm guessing there's context? |
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