Yeah, but we already spent 1/3 of 2018 going down. We might need another 1/3 just to inch back to 1/1/2018 levels, and the rest to try to break the ATH in nov/dec.
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Yeah, no straight lines in this racket.
It kinda feels that 2018 might be a quiet year.
But after that, 2019 might be another "year of bitcoin", just like 2017.
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We are neither rich, nor poor, yet.
HODL on.
I'm holding until the end of 2019. Maybe then... ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FBd6DVf0.png&t=663&c=-NJzbrJ1bcCieA)
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Don't question happiness, TERA. Embrace it.
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HAHA So much for Death Cross. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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co2 is not a pollutant.
True. It's a greenhouse gas tho. Yes, and that's a good thing, as we just covered. It's not a good thing. We need atmospheric temperature to be lower than normal human body temperature. Plus, our cognitive abilities suffer from high CO2. Anyone who tried to study in a stuffy room with poor ventilation knows that. We already went from 300 to 400 ppm in one lifetime.
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co2 is not a pollutant.
True. It's a greenhouse gas tho.
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It has nothing to do with capitalism.
Why not? Stable, self-correcting systems (negative feedback) are part of capitalism. But unstable (positive feedback) systems exist within capitalism just as well.
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So, what's the alternative to capitalism in your book? Cause I don't see anything wrong with it. It's the only system, if unobstructed, that self-regulates. Everything else is artificially steered by humans, humans that are inherently incapable of seeing the bigger picture of all the interactions in a system as complex as our planet. And so far I haven't even read about anything that comes even remotely close to capitalism.
Democracy on the other hand... is just the opposite extreme of authoritarian regimes and ultimately not much different.
Capitalism self-regulates just fine in some cases, like it will determine the number of barbershops in a town. But there are other cases: bank runs, monopolies, etc. Bank runs are only a problem because banks lend out 50 times more than they have. It's just an example of an unstable system. There are plenty of such examples, aside from banks. Sometimes a small problem for a company might create a self-fulfilling prophecy, and lead to bigger and bigger problems.
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So, what's the alternative to capitalism in your book? Cause I don't see anything wrong with it. It's the only system, if unobstructed, that self-regulates. Everything else is artificially steered by humans, humans that are inherently incapable of seeing the bigger picture of all the interactions in a system as complex as our planet. And so far I haven't even read about anything that comes even remotely close to capitalism.
Democracy on the other hand... is just the opposite extreme of authoritarian regimes and ultimately not much different.
Capitalism self-regulates just fine in some cases, like it will determine the number of barbershops in a town. But there are other cases: bank runs, monopolies, etc.
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Quiet today.
Could you please post those magic words tomorrow also?
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Another tiny pump... ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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They've been saying all year that institutions are getting into bitcoin. They omitted that it is mental institutions.
WO thread is turning into a mental institution.
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12288 game: 15 august 2018.
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