We have the best greater fools  |
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Hm. Thanks for the data point 600w, I appreciate it. One of my personal flaws is I tend to extrapolate my experiences with some things to encompass others: Having driven a 2000's Sienna for years I acquired a serious distaste for minivans even though it was a fine vehicle with pretty good acceleration. Then driving the Cayenne made me think of it as a really fast minivan (still ug) and I extended that projection to the Tesla X without actually trying it (ie: All SUVs suck).
Minivans have an unjustly bad rep. Sure, they're a bit unmaneuverable and are not generally speed kings but they're very functional and the fuel economy isn't bad. We got rid of ours about 8 years ago and there's been several times I wished we still had it. You could fit a 4x8 in there and it was generally more convenient than a truck. I think my wife wants one again. |
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You know, it's a shame the 1k party got cancelled and AFAIK, never reinstated. It would have been at quite a pivotal time in Bitcoin's history. |
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Not sure what's going to happen with Chartbuddy but the account is currently locked due to being hacked and I have to do a bit of a dance with the admins to unlock it which has a couple of wrinkles I need to iron out.
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This place was always special to me. Still salty about the you-know-what but I'll pop in from time to time.
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48k.
And with that, time for bed.
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You can digest 4-5 spoons of seed and vomit your ass off 1-2 hours later, followed by a LSD-like turn, but milder, more visual, less spaced out. I listened to the buzzing sound of a fridge on this for hours, which was making techno music (i think i referenced this experience some days ago here, too).
It's 2019. Your fridge can play techno music without the need to consume drugs. |
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Dang. Just liquidated a little at around 8k because you have to enjoy those gains sometime. Selling Bitcoin is stressful.
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That's a good point. Though I suspect behind the scenes where the real practical regulatory discussions are taking place by analysts that bitcoin is still front and center.
Good point. There was an old cartoon about how would you like you cryptocurrency scare, terrorism or paedophilia flavored? I guess we can add facebook (or 'big tech'* in general) to the options now.  *To be clear, there's a lot about big tech that's a problem but using it for scaremongering is a nasty tactic. |
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Important to bear in mind that ChartBuddy was a bot that would post charts every hour. If you were beating that, you might be taking things a bit too seriously  |
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It gets better and better.
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You´re boring, i want a Electro-Porsche.
Minimum.
I had an XK8 for a while but that got totalled. I actually preferred driving a G37 though (The looks were a bit mundane for my taste however). |
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I never liked those super-expensive cars... Most of them are way over-priced, offer no real design/technology innovation, consume lots of fuel, and some are really ugly to my taste (Lambos included).
I'd prefer a good Japanese, super-reliable and normally-priced car. Or a car with real innovation in its design, like a Tesla (provided they sort out their QC issues).
Definitely. I'm currently driving a 2000 TDI VW Jetta with 280,000 miles I paid cash for. I've had a new car on my radar for a while now but this one just keeps on keeping on. My replacement wishlist is pretty modest too (though it does include a Tesla ). |
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Source : http://www.zerohedge.com/news/2017-12-07/defense-bitcoin-hoardingUnder old-style Keynesian theory, economic growth is driven by consumer spending, not saving, so anyone who is hoarding money under the mattress is holding back progress. Hoarders are the enemy. “Every such attempt to save more by reducing consumption will so affect incomes,” wrote J.M Keynes, “that the attempt necessarily defeats itself.” He popularized what became known as the “Paradox of Thrift.”
Keynes was a hack. I think he only gained favor because he allowed governments to rationalize their kleptocratic behavior to the masses. And the masses actually buy it. |
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I like these small dips. It shows that the current Bitcoin growth is healthy and not a bubble.
Definitely. It could still be a bit of a bubble but the constant rise was unnerving. |
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Ridiculous conspiracy all in your head and in the heads of the other r/btc nutjobs.. including Ver, jihan and Craig... .. all circle jerking the same bullshit censorship nonsense over something that more or less did not exist... except for the purpose of whining, distracting and trying to change the governance of bitcoin with the various attacks and nonsense.
Thank you for providing a prime example of the toxic approach Richy_T was describing. I don't even mind toxic too much. I've been on the internet a long time and have a very thick skin. The actions JJG are poo-pooing are well documented and can be seen in external sites which track deletions. You only have to look at the sub now and see how cultivated the narrative is there. Some of the stuff floating around on r/btc has little to no foundation but there's plenty that's well-proven. That's just the risks of having an uncensored sub though. It depends if you prefer to use your own brain or the mods... But this is a wall thread and I don't want to get deep into all that. Amazed not to have seen a huge movement while I slept and pleased to see my transaction eventually went through. |
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For now I am cautiously in the small block camp while vigilantly watching out for any sort of shenanigans.
I have a transaction (1 input, 2 outputs) with an $11 fee sitting waiting to be confirmed for two hours now. Make of that what you will. |
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Don't forget you have to afford the oil changes too |
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There's mostly no such thing as uncorrelated assets because money is a zero sum game with money sloshing around from one asset to another,
I think it helps to think of things as simply a trade rather than putting money into something. If you buy $10k worth of gold, the money doesn't "go into" gold, it goes into the pocket of the guy who sold it to you (or more likely his bank increases some numbers in a database). Exactly what you'll get for it when you want to divest yourself of it is another question. So, as you imply, the problem is that there is simply too much money out there and it's just a question of which asset's (or assets') price will become a bubble and burst to destroy the excess. |
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