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"IT IS 3 MINUTES TO MIDNIGHT"
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I wonder how long the paid posters are going to keep this up for? would love to know who the bankroll is, and if it is private or government based, surely it cannot be the work of one ill person, I have all but ruled that out.
Anyway, any minute now the order will arrive I am sure, I hope so anyway.
Shnappy please guys...
Make it happen.
Make my year...
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come on devote troll tools is that all you have? i wanted 220 coins today, not happy
Tell me about it.  This ain't shnappy. |
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Yeah enough different people were bothered and complained about my preferred typing style (complete lack of punctuation or sentence structure with ideas/words separated with ...) that I figured it'd be the courteous thing to them to bother with being "proper". I hate typing like this though. It's cumbersome and unnatural to me.
Very much easier on the rest of us though. ps and thank the stars that dreams/nightmares are just dreams. |
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hello poor fuckers! still discussing some bs topic no one cares about? sound money?  I see ltc being dumped hard. and then those btc dumped for $ on btc-e. good! Hello tarmi you poor fucker, Still coming onto this thread to add your BS and discuss a topic you do not care about?  (what is good for the goose is good for the gander) |
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giberish
yeah right, it is you that is mixing what I am saying up. But far more importantly...... I just snapped out of it and realised that I am wasting my time talking to NotLambChop...what the fuck am I doing, I momentarily lost my marbles there. Onto ignore you go, along with the rest of your sock puppets My bad. |
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@empowering
I really thought your DOOOOOOOM would arrive today. Have checked with ups?
So NOT amused. I put my order in, and all I got was some crappy sock puppet dribbling on my table. I still have hope, but the staff have proven to be incredibly tardy. |
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I am not sure if you can see the word "similarities" Fair enough I as a customer of a bank, am not responsible to ensnare the next wave of "investors" but I do not have to, as the banks do that for me already, turnkey pyramid. Like I have said, they are not the same thing, but they share similarities,and the system we have does have another common denominator with pyramids and ponzi schemes.... like a pyramid, the system we have is totally unsustainable and it is only a matter of time before it collapses. Also, I do not "rope in" anyone, in fact I come onto this thread to discuss and give my point of view.... there is someone on this thread that seems absolutely 100% dedicated to convincing people of something.... and that is you, the guy who creates sock puppet after sock puppet and is here 24/7. So I would put it to you, that in fact it is you that is trying to rope people into something. I am just here for a chat mate. |
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Does anyone else find it ironic that some people refer to a distributed transparent ledger as a pyramid scheme while making no mention at all of the current debt-based, fractional reserve lending system?
What makes the current system pyramid like? When every dollar comes into existence with interest attached there will never be enough money to pay back the debt + interest. Thus necessitating the creation of more money and more debt to allow the system to continue. They even put the symbol of the pyramid on the fucking bills it's so obvious. You don't understand what a pyramid scheme is, there's your problem right there. What do you imagine would happen if people stopped paying taxes en masse, or if a country could not find any buyers to buy up future bonds?
...and neither do you. What you're describing is a libertarian pipedream, but even if it had a snowball's chance in hell, it wouldn't make the fiat system a pyramid scheme. Learn the meaning of the words you use before using them, and folks might stop laughing at you. Fractional reserve practices are a legalised form of a ponzi, bank runs make this obvious. Also, I never said that people would stop paying taxes or buying bonds, I asked what would happen if they did? as there are similarities to a pyramid/ponzi. Just like a pyramid, without fresh new players willing to invest, the system as we know it would fall apart, as it is necessary to always have a new wave of players (bond buyers, or tax payers) to maintain the system, so there is a similarity to a pyramid, the people buying bonds and paying taxes ARE making an investment upon which they expect a future return, if no new players come in to continue the system, it will fall apart, and the players would lose out, as the perpetuation of the system has been stopped, which is what happens in a pyramid scheme, it works for as long as new players are convinced that they should play along, and for as long as they get their returns, take the returns away, and the flow of new money into the system will stop, just like a pyramid/ponzi.. and the players that have already paid, will not get their investments back. Also I was replying to a comment which asked what made the current system pyramid like I would not say that it is 100% pyramid, I would say there are similarities.... but then I would not say that Bitcoin is a pyramid either, although some would argue that it is 100%, again I would argue that there are merely some similarities. Furthermore, I would argue that calling the current system a pyramid, and calling Bitcoin a pyramid, are essentially as useless as each other. |
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Does anyone else find it ironic that some people refer to a distributed transparent ledger as a pyramid scheme while making no mention at all of the current debt-based, fractional reserve lending system?
What makes the current system pyramid like? What do you imagine would happen if people stopped paying taxes en masse, or if a country could not find any buyers to buy up future bonds? |
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... ... ...
My view is that the states should be able to set policies, giving an opportunity for a diversity of arrangements. The one sure thing is that managing all 50 states from washington DC is folly. Some states have their own low income safety net plans, which are largely covered by the taxpayers. There is also welfare and housing, child benefits. If you don't like the state you are in? Moving is not incredibly difficult. Like a free market of at least some govt policies. I understand. But you make it sound easy to uproot and move to a new home. I believe that if you'd experienced true poverty and hardship personally then you'd have a broader perspective. I feel that the US would be better served by establishing consensus, looking to its peers and indeed population for critical counsel rather than unquestioning loyalty. Expecting people to move to a State they like based on its own volatile interpretation of the apparently holy and untouchable Constitution is somewhat unrealistic in my opinion.  + 1 + 1 + 1 |
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Big money has always been able to get coins easily, even withoit any ETF. For example, back in late 2013, the Fortress investment group (>60 billion USD in managed assets, >300 million USD/year of revenue) bought 13 million USD worth of bitcoins (which they later disposed of). Basically anyone with a fair income and a million dollars in hand could buy BIT shares, since Sep/2013. The last USMS auction got no big buyers, not even Tim Draper. Obviously, "big money" is not buying bitcoins because they are not interested. First of, the " "big money" is not buying bitcoins because they are not interested." part is utterly wrong. They do care, but as I said they have no EASY way in. It's different than ie: I want to buy 200,000 Apple stocks today. This has to change. What ETFs want to do is to provide easy access to BTCs for the masses. Small money or big money doesn't matter. If I want to go on and buy in, NOW, because I think it's a nice thing to do, then I'll be able to do it, so will everybody else. If I want to sell, then it will be feasible too. I gave above a couple examples showing that "big money" did in fact buy bitcoins, and therefore could buy; but then did not buy more, even though it had the opportunity to do so. Not for regulation problems, but just because "big money" does not like to lose money. PLUS: It's gonna be TRANSPARENT!
Not sending money to some Polish bank account named after John Doe & Co.
Big money did not have to interact with the exchanges directly. Intermediaries could easily buy 200'000 bitcoins for them, on or off the exchanges, for a modest fee to compensate for their risk. Second Market bought at least 120'000 over 8 months, and surely what made them stop was not lack of bitcoins, but lack of investors. Not without every transaction is recorded and be visible to EVERYBODY. Bitcoin ownership is not easily identifiable. Even if you could identify my 660'000 BTC in the blockchain, if you saw them being moved to another address, can you tell whether I sold them, or they are still mine? On the other hand, although ownership and trades of fund shares are not public, they are known to the brokers and are recorded in a centralized share registry. ("Bearer bonds" have been outlawed decades ago.) Not without knowing FOR SURE, what's real and what's not.
Not with a Willy Bot that buys in virtual BTCs with virtual money. If you have the private keys, you know that you have the bitcoins. I you own BIT or COIN shares, you have to trust that the fund management company did not lose their coins by hacking, embezzlement, accident, or incompetence. (Yes, they are audited -- like Enron was. No, they are not insured against those things.) Great thesis... but, can you deny, that "big money" would be put off by a lack of clarity regulation-wise? Sure "big money" could buy into anything at anytime, your assertion that they could have bought in, and chose not to, is kinda limp, as you have implied yourself, and I can attest to from personal experience, in actual fact, serious money IS put off by regulatory issues, more than ANYTHING else!! businesses and investors do not like uncertainty (unless they are in a privileged position to profit from it) and there is a definite correlation between lack of regulation, and lack of backing by "serious" or "institutional" investors. To claim that is not the case is plain daft imo (and again, I am not guessing here.. I am talking from experience) The thing is , and what I disagree with you on Jorge, is you seem to have this picture that investors, who are in a position to make meaningful investments in BTC, only do so essentially "to make money from the greater fools " and I put it to you, that actually, if all they wanted to do is earn a "few bucks" by scamming a few newbies, then in actual fact they have many MANY FAR less riskier ventures that they could be involved with that could earn them a decent, and far far less riskier and easier return from far larger and more understood markets, than being involved with BTC. So ergo, most investors that are involved in BTC are not just involved to make a few bucks in a "risky" as fuck and uncertain market.. sure you could argue that they saw an opportunity and leveraged funds to make a quick and "easy" profit , but if they have the money to enter the BTC market, then they have the money to enter all sorts of other ventures, with a fraction of the risk, and perfectly decent returns. Go figure. |
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give me all your money and a box of snickerdoodles !
*breaks beer bottle*
Sure, no problem, as soon as you give me some punctuation and grammar. No, it is not the same information, syntax is important dude, how lazy can you be? (ps good natured ribbing ^^) |
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Yeez Louise!
I did a quick search and it turns out that every lovable american comedian is a canadian!
Jim Carrey, Mike Myers, John Candy, Seth Rogen, Phil Hartman, Norm Macdonald, Leslie Nielsen, Martin Short, Rick Moranis and Dan Akroyd. Heck, even Captain Kirk is canadian!
Bill Hicks, George Carlin, Bill Burr, Richard Prior, Patrice O'Neal, Doug Stanhope..... but to name a few.... American non Canadians. Not that I have anything against a Canadian, love everyone I have properly met, and I have met a lot. (I had always thought that Steven Wright was a Canadian, and as it turns out.. he is not, that guy can deliver a deadpan one liner) |
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Maybe it has to do with having a basically 2-party system. That tends to polarize. Those not in power tend to feel disenfranchised and resentful.
Minority governments on the other hand, tend to build consensus.
Just my 2 satoshis.
Well, Britain's effectively two parties and the current coalition is the first in a long time. You don't get people frothing at the mouth at each other. Having said that, the most rabidly right wing Brit would probably be regarded as a commie pinko begging to be relieved of their life by their American counterpart. Enter Nigel "face like a walrus" Farage. |
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A good trader is a trader that minimises and controls their bank and their risk, and manages on a consistent basis to make more gains than losses.
Still, even good traders are wrong at times. One of the most important things, in my opinion, is respecting your stops. I guess he made the mistake of not following through during Thursday morning's dump. (He set a soft stop and was sleeping, apparently) yeah of course good traders can make wrong calls... no one is going to win every trade, but like I said, a good trader controls their bank and manages risk. oh and it does not hurt to be well capitalised |
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A good trader is a trader that minimises and controls their bank and their risk, and manages on a consistent basis to make more gains than losses.
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I'm sceptical.
BIT opening has been next week for about 3 weeks & these ebay/paypal announcements seem to be trotted out 2 or 3 times a year & fuck all happens.
Meh... but BIT is already open, trading has just not started yet and paypal announced that they were integrating back in Dec(?) (and announced before that that they were thinking of integrating) and now they are finally starting to roll it out. Patience |
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 I am Jack's Raging Bitcoin Duct. I am Jack's Coldwallet Sweat. I Am Jack's Complete Lack of Surprise I Am Jack's Smirking Revenge. I Am Jack's Broken Heart I Am Jack's DOOOOOOOOOOOOOOM Boner. |
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