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1141  Economy / Speculation / Re: Why is the bitstamp USD price so high? on: November 23, 2013, 02:31:56 AM
Seriously wtf is wrong with this exchange. Its like there is only a buy button and it can only go up. Other exchanges go down $30 and it goes down $1. Then it goes up $20. f you try to trade here you get screwed.

The other exchanges got way ahead of Stamp.  Much of the down action on Gox and BTCChina was arbitrage realigning the prices.
1142  Economy / Speculation / Re: I believe the price will be going up and here's why on: November 22, 2013, 11:24:55 PM
I'm not an economist, but aren't there better reasons to believe BTC are going up in the long term sense?

I'm thinking of the deflationary nature of the currency, the intrinsic value in the unique attributes of cryptocurrency, the decreasing stability of fiat issuers, etc.. ?

Just remember, Bitcoin monetary base is currently inflating faster than USD monetary base in percentage terms.  In the long run, this inflation will fall below USD supply inflation, but it is still well above it.
1143  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 22, 2013, 07:46:16 PM

Sorry if I wasn't clear. f(x) in my example is not e^x

f(x) = 1/(1+e^(-x))

If you raise this function to higher and higher powers, it will look more and more like a step function and have a super-exponential growth phase on a log-chart (in the limit, it will look like a step function on the log chart as well as the linear chart)
I am testing this in fooplot.com but it still looks exponential. A superexponential growth would look like a line curving upwards in the log-chart, and there is nothing like that, only straight lines, steeper with greater exponents, granted.

I agree... the second derivative of ln(f(x)^n) is <= 0 for all x with n >= 0

I other words, the slope will never increase.
1144  Economy / Speculation / Re: sold at $600. what to do? on: November 22, 2013, 07:29:14 PM
Litecoin went up from 4$ to 9$ on Nov. 18th. Maybe that was the better choice  Smiley
Not convinced until I see a year+ graph.

http://www.ltc-charts.com/
http://www.cryptocoincharts.info/
1145  Economy / Speculation / Re: sold at $600. what to do? on: November 22, 2013, 04:46:37 PM
1. Never sell everything at once.
2. Never buy all at once.

Since you've already violated 1, take your USD and divide it into 20 or so chunks.  Then, buy the same amount of USD worth in BTC every day until you are back in.  If prices dips, you will get a good average price.  If price rises, you won't get as many BTC, but you will at least get some.
1146  Economy / Speculation / Re: Next Three Major Hurdles for Bitcoin (11-21) on: November 22, 2013, 06:56:32 AM
Your local quantum physicist may oppose calling time discrete.

lol, the chunks are discrete in order to aid our feeble brains in comprehending the perception of time, not the time itself. The chunks only exists in your linear human brain. No one was stating that the laws of quantum and/or temporal physics are in or can be represented by discrete units of chunks! RELATIVE TO HUMAN LINEAR UNDERSTANDING/PERCEPTION OF SPACE-TIME, IT IS POSSIBLE TO DIVIDE OR PERCEPTION OF TIME INTO DISCRETE CHUNKS! JESUS TAP DANCING CHRIST THIS IS AN IMPORTANT TOPIC AND WE SHOULD HAVE A 40 PAGE ARGUMENT ABOUT IT!

Besides, where will I find this so-called local quantum physicist?

If the smallest possible unit of distance is the http://en.wikipedia.org/wiki/Planck_length
and the fastest possible speed is the http://en.wikipedia.org/wiki/Speed_of_light
than there is a smallest discernible time unit implying time is discrete.  However getting a quantum physicist to accept the two axioms proposed would be the challenging part.
1147  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 22, 2013, 05:57:24 AM
Hmmm... I see a nice (double) Bottom!!!

Good Morning Fellas!

The bottom fell out.
1148  Economy / Speculation / Re: How many btc do you have? on: November 22, 2013, 03:45:54 AM
Way too many LMAO

I've got a cure for that in my signature.
1149  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 21, 2013, 10:02:11 PM
Fine, you're arrogant because you can't stop talking about how much better you are than US citizens Tongue.

You don't know shit about what has happened to our populace and our land.  Corporations and wealthy individuals own everything.

http://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States

BTW, I don't buy the whole capitalist-socialist dichotomy.  Everything is shades of gray, and it is the extremes you have to watch out for.

You seem to want to restrict the term arrogance to what is probably better termed "US exceptionalism".  Yes, this is a form of arrogance, but arrogance can take many forms.
i don't have much of an opinion of u.s. citizens really. but the consensus about them is well established. i also don't buy the capitalist-socialist dichotomy... as it's commonly illustrated.

i think the perceived arrogance of people from the US is much due to US exceptionalism, yes -- i was making that point because that is what non-US folks are exposed to. but i am talking about the dictionary definition of "arrogance".

sure, there is great wealth inequality in the u.s. that doesn't mean there isn't far greater wealth inequality elsewhere, such as in South America. http://upload.wikimedia.org/wikipedia/commons/3/32/Gini_Coefficient_World_CIA_Report_2009.svg

it also doesn't speak to the effect of historic exploitation of the southern hemisphere by the north. over 53% of world net worth (based on PPP) is concentrated in North America and Europe, which has less then 15% of world population. when we talk about wealth inequality, surely comparing that of the u.s. with that of that of bolivia is sort of ridiculous, right? are we talking about being entitled to basic human necessities, perhaps education? or are we talking about being entitled to a basic minimum income? or big screen tvs? http://en.wikipedia.org/wiki/Distribution_of_wealth

in the u.s., when people complain about entitlements, i hear complaints about people buying big screen tvs with welfare checks. (i take that with grain of salt) surely, you don't think that these are the sort of entitlements that Brazilians seek? that they are arrogant for fighting for? especially given the nature of wealth inequality?

am i arrogant for fighting for a better education system for my children? i must feel so self-important?  Smiley

it's one thing if the state does not exists. it's another thing if the state will exists for the forseeable future, and exploits, and allows exploitation. in the latter case, i think it is only reasonable for people to try to reform the state, to legally prescribe what had once been unwritten -- their ownership, their rights, their dignity. even if i do not support reformism. i still do not see this as arrogance. someone who is arrogant by definition does not see themselves as equal to others.

As I already tried to explain, we have the same master and we should work on an escape plan.  But you would rather argue over who gets whipped the hardest. The fact is, state boundaries only exist for the general populace.  Corporations are transnational.  The state has become a tool for them to divide and conquer.
no, my issue was just with referring to Americans as people from the u.s.  Cheesy  i'd rather not argue over that, but felt it was necessary since your assertions about entitlements (and thus, their relation to "arrogance") are relative to the context of the u.s. and thus have very limited application. part of the issue, also, is that our proposed escape plans are likely quite different.

I never did that.  You assumed I did, and then argued with me about arrogance.

Okay, whaa whaa whaa...take this to some other thread.  We're speculating on bitcoin, not who's panties are in a tighter bunch.  Please, for the love of the flying spaghetti monster, find a different place to play.

Let's quote it more times to complain some.
1150  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 21, 2013, 09:59:05 PM
Fine, you're arrogant because you can't stop talking about how much better you are than US citizens Tongue.

You don't know shit about what has happened to our populace and our land.  Corporations and wealthy individuals own everything.

http://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States

BTW, I don't buy the whole capitalist-socialist dichotomy.  Everything is shades of gray, and it is the extremes you have to watch out for.

You seem to want to restrict the term arrogance to what is probably better termed "US exceptionalism".  Yes, this is a form of arrogance, but arrogance can take many forms.
i don't have much of an opinion of u.s. citizens really. but the consensus about them is well established. i also don't buy the capitalist-socialist dichotomy... as it's commonly illustrated.

i think the perceived arrogance of people from the US is much due to US exceptionalism, yes -- i was making that point because that is what non-US folks are exposed to. but i am talking about the dictionary definition of "arrogance".

sure, there is great wealth inequality in the u.s. that doesn't mean there isn't far greater wealth inequality elsewhere, such as in South America. http://upload.wikimedia.org/wikipedia/commons/3/32/Gini_Coefficient_World_CIA_Report_2009.svg

it also doesn't speak to the effect of historic exploitation of the southern hemisphere by the north. over 53% of world net worth (based on PPP) is concentrated in North America and Europe, which has less then 15% of world population. when we talk about wealth inequality, surely comparing that of the u.s. with that of that of bolivia is sort of ridiculous, right? are we talking about being entitled to basic human necessities, perhaps education? or are we talking about being entitled to a basic minimum income? or big screen tvs? http://en.wikipedia.org/wiki/Distribution_of_wealth

in the u.s., when people complain about entitlements, i hear complaints about people buying big screen tvs with welfare checks. (i take that with grain of salt) surely, you don't think that these are the sort of entitlements that Brazilians seek? that they are arrogant for fighting for? especially given the nature of wealth inequality?

am i arrogant for fighting for a better education system for my children? i must feel so self-important?  Smiley

it's one thing if the state does not exists. it's another thing if the state will exists for the forseeable future, and exploits, and allows exploitation. in the latter case, i think it is only reasonable for people to try to reform the state, to legally prescribe what had once been unwritten -- their ownership, their rights, their dignity. even if i do not support reformism. i still do not see this as arrogance. someone who is arrogant by definition does not see themselves as equal to others.

As I already tried to explain, we have the same master and we should work on an escape plan.  But you would rather argue over who gets whipped the hardest. The fact is, state boundaries only exist for the general populace.  Corporations are transnational.  The state has become a tool for them to divide and conquer.
no, my issue was just with referring to Americans as people from the u.s.  Cheesy  i'd rather not argue over that, but felt it was necessary since your assertions about entitlements (and thus, their relation to "arrogance") are relative to the context of the u.s. and thus have very limited application. part of the issue, also, is that our proposed escape plans are likely quite different.

I never did that.  You assumed I did, and then argued with me about arrogance.  So your issue is with your own misunderstanding that I immediately rebuked before this devolved into a pissing contest.
1151  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 21, 2013, 09:42:17 PM
Fine, you're arrogant because you can't stop talking about how much better you are than US citizens Tongue.

You don't know shit about what has happened to our populace and our land.  Corporations and wealthy individuals own everything.

http://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States

BTW, I don't buy the whole capitalist-socialist dichotomy.  Everything is shades of gray, and it is the extremes you have to watch out for.

You seem to want to restrict the term arrogance to what is probably better termed "US exceptionalism".  Yes, this is a form of arrogance, but arrogance can take many forms.
i don't have much of an opinion of u.s. citizens really. but the consensus about them is well established. i also don't buy the capitalist-socialist dichotomy... as it's commonly illustrated.

i think the perceived arrogance of people from the US is much due to US exceptionalism, yes -- i was making that point because that is what non-US folks are exposed to. but i am talking about the dictionary definition of "arrogance".

sure, there is great wealth inequality in the u.s. that doesn't mean there isn't far greater wealth inequality elsewhere, such as in South America. http://upload.wikimedia.org/wikipedia/commons/3/32/Gini_Coefficient_World_CIA_Report_2009.svg

it also doesn't speak to the effect of historic exploitation of the southern hemisphere by the north. over 53% of world net worth (based on PPP) is concentrated in North America and Europe, which has less then 15% of world population. when we talk about wealth inequality, surely comparing that of the u.s. with that of that of bolivia is sort of ridiculous, right? are we talking about being entitled to basic human necessities, perhaps education? or are we talking about being entitled to a basic minimum income? or big screen tvs? http://en.wikipedia.org/wiki/Distribution_of_wealth

in the u.s., when people complain about entitlements, i hear complaints about people buying big screen tvs with welfare checks. (i take that with grain of salt) surely, you don't think that these are the sort of entitlements that Brazilians seek? that they are arrogant for fighting for? especially given the nature of wealth inequality?

am i arrogant for fighting for a better education system for my children? i must feel so self-important?  Smiley

it's one thing if the state does not exists. it's another thing if the state will exists for the forseeable future, and exploits, and allows exploitation. in the latter case, i think it is only reasonable for people to try to reform the state, to legally prescribe what had once been unwritten -- their ownership, their rights, their dignity. even if i do not support reformism. i still do not see this as arrogance. someone who is arrogant by definition does not see themselves as equal to others.

As I already tried to explain, we have the same master and we should work on an escape plan.  But you would rather argue over who gets whipped the hardest.  The fact is, state boundaries only exist for the general populace.  Corporations are transnational.  The state has become a tool for them to divide and conquer.
1152  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 21, 2013, 08:45:23 PM
We got movement!

It's down.... prepare your fiat!
1153  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 21, 2013, 08:44:05 PM

Quote
But the FEC isn’t yet sold on allowing bitcoins to funnel into the bank accounts of political campaigns and outside groups supporting them, and commissioners deadlocked 3-3 along party lines Thursday.

lol
1154  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 21, 2013, 08:36:24 PM
what does socialism/entitlement have to do with arrogance? do you have the experience to believe what you say, or do you just make generalizations based on some right libertarian perspective of political system?

u.s. = fuck the poor, dick ride corporations. and u.s. has some of most arrogant people in the world, no question. so what does socialist context have to do with it?

How is feeling entitled to receive a handout not arrogance?
a handout? talk to me when corporations destroy your homeland, make your air unbreathable, destroy your rain forests and kill off your wildlife, all the while paying workers less and less and less? one of the reasons education systems continue to crumble is due to widespread corporate tax avoidance. they take and take and destroy our cultures bit by bit, and it's handout when we say things must change, else they must pay for the privilege? the game was rigged from the start -- fuck a handout. that term is inappropriate when the game was rigged against the poor.

having an opinion that may differ from yours regarding the limits of human dignity and of theft/exploitation, does not make a person arrogant. it is a difference of opinion. arrogance has to due with perception of one's own importance. if one favors equality, to whatever extent, that indicates the polar opposite -- that the importance of others equals their own. in other words, you are very much misusing the word.

Don't lecture me about corporations.  Buy the way, they are just getting started.  I live in the US.  They have stripped us bare already, but nobody around me gives a shit because they are too busy chasing a dream they will never reach but were told everyone could have.

How about the Venezuelan president forcing electronics and appliance sellers to take losses on all their merchandise recently?  That is fucking theft too.  Two wrongs don't make a right.  This is not the first rodeo for the corporations.  You are repeating the mistakes of the people of the United States, and you will wind up just like us unless you just shrug off the system and work on building something new.  Thinking you are important enough that stealing is okay is why I speak of arrogance.
corporations have not stripped u.s. bare, not nearly like elsewhere in the world. if you believe that, then i understand why you hold these opinions -- being from the u.s., whose corporations and government have bled the rest of the world far, far, far more than you and yours. more than you can probably imagine, from the sound of it.

i do not support statism. but i don't cater to this "two wrongs don't make a right" bullshit either. when people have been stolen from for years and generations, i do not judge them for trying to take a piece back. i find that right libertarians say to me, "sure, we agree, fuck the state. but everything that was taken from you as a result? it's for the rich now (who profited from the state), now go pull yourself up by the bootstraps." fuck that. are Palestinians arrogant for protesting the repeated theft of their land? once Israeli settlers take to such land, it becomes theirs, in their eyes. Palestinians are arrogant for feeling entitled to what was stolen from them? i imagine you say yes.

thinking that the whole of humanity is important enough that we rise up against the few that oppress us, again, is not arrogant in the least. even right libertarians would support such a notion, i would think. arrogance is about self-importance, self-entitlement. socialism has never been about that, except maybe for people in the u.s listening to repulicans. i imagine the people who want "government handouts" in the u.s. don't even know what socialism entails. they are just poor.

the "arrogance" of people in the u.s. has absolutely nothing to do with this. when people complain about people from the u.s., it is generally because they hardly recognize the rest of the world exists, and think they are superior to everyone else. this is very far removed from what you are suggesting about the "arrogance" of others. again, i think you are misusing the word. an inflated sense of self-importance has nothing to do with one's political philosophies -- political philosophies are not based in analyses of self. i've met many arrogant anarchists. i've met many arrogant capitalists.

Fine, you're arrogant because you can't stop talking about how much better you are than US citizens Tongue.

You don't know shit about what has happened to our populace and our land.  Corporations and wealthy individuals own everything.

http://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States

BTW, I don't buy the whole capitalist-socialist dichotomy.  Everything is shades of gray, and it is the extremes you have to watch out for.

You seem to want to restrict the term arrogance to what is probably better termed "US exceptionalism".  Yes, this is a form of arrogance, but arrogance can take many forms.
1155  Other / CPU/GPU Bitcoin mining hardware / Re: 50 GH/s BFL miner running at 15 GH. on: November 21, 2013, 08:31:03 PM
I left it off longer this time.... now about where it was when I unboxed it, but still half of expected.  I'll let it run for now until I can get a smaller hex bit.

BAL  1:  max 56C 3.26V | 25.59G/25.49Gh/s | A:  453 R:  61 HW:  4 WU:339.7/m

i think there has been reports of fans either coming unhooked or not working. I would pull cover off and check . Also make sure both power cords have power.

I tested the power cords and it looks like both fans are spinning, but like I said, I need to get a smaller hex/star bit before I can open it.  Thanks for the suggestions.
1156  Other / CPU/GPU Bitcoin mining hardware / Re: 50 GH/s BFL miner running at 15 GH. on: November 21, 2013, 08:01:19 PM
I left it off longer this time.... now about where it was when I unboxed it, but still half of expected.  I'll let it run for now until I can get a smaller hex bit.

BAL  1:  max 56C 3.26V | 25.59G/25.49Gh/s | A:  453 R:  61 HW:  4 WU:339.7/m
1157  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 21, 2013, 07:50:23 PM
Malevolent is right. Never go full fiat. That's been historically a losing strategy, and that's a matter of fact - unless you sold to buy back lower and you succeeded, obviously.
The dude made half a million bucks.  I would be happy....

If he had left half on the table, he'd have another $100k by now.
1158  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 21, 2013, 07:42:53 PM
what does socialism/entitlement have to do with arrogance? do you have the experience to believe what you say, or do you just make generalizations based on some right libertarian perspective of political system?

u.s. = fuck the poor, dick ride corporations. and u.s. has some of most arrogant people in the world, no question. so what does socialist context have to do with it?

How is feeling entitled to receive a handout not arrogance?
a handout? talk to me when corporations destroy your homeland, make your air unbreathable, destroy your rain forests and kill off your wildlife, all the while paying workers less and less and less? one of the reasons education systems continue to crumble is due to widespread corporate tax avoidance. they take and take and destroy our cultures bit by bit, and it's handout when we say things must change, else they must pay for the privilege? the game was rigged from the start -- fuck a handout. that term is inappropriate when the game was rigged against the poor.

having an opinion that may differ from yours regarding the limits of human dignity and of theft/exploitation, does not make a person arrogant. it is a difference of opinion. arrogance has to due with perception of one's own importance. if one favors equality, to whatever extent, that indicates the polar opposite -- that the importance of others equals their own. in other words, you are very much misusing the word.

Don't lecture me about corporations.  Buy the way, they are just getting started.  I live in the US.  They have stripped us bare already, but nobody around me gives a shit because they are too busy chasing a dream they will never reach but were told everyone could have.

How about the Venezuelan president forcing electronics and appliance sellers to take losses on all their merchandise recently?  That is fucking theft too.  Two wrongs don't make a right.  This is not the first rodeo for the corporations.  You are repeating the mistakes of the people of the United States, and you will wind up just like us unless you just shrug off the system and work on building something new.  Thinking you are important enough that stealing is okay is why I speak of arrogance.
1159  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 21, 2013, 07:38:46 PM
any minute now, the price will double. for sure


I think you might be bipolar dude.

I am!  Cheesy

but i was being sarcastic...

rest assured i have been sleeping fine and am not manic right now... the market is tho!

Right on, runs in my family too.

I think it's probably common in people who like markets.
1160  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: November 21, 2013, 07:37:17 PM
I like it that some of the old timers are still regularly posting on this thread ... if anywhere from grows a bitcoin island it will be this thread  Cheesy

Password: carrots

Shit, we might be able to afford one already Tongue.
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