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It's just an equal sign with both *IDENTICAL* values at each side of the equal sign. That shouldn't be debatable.
...
I don't particularly care for the 1 BTC = 1 BTC argument and I wouldn't focus on, or even mention, it to sell anyone on the idea of BTC. But here you keep ignoring the time variable when you try to assert 1 USD to be 1 USD. This is only ever true in an isolated snapshot of an arbitrary "now". The functionality of 1 USD at any time t is different from the functionality of 1 USD at any time s that is sufficiently far from t. This does not happen with BTC. I'm not sure in what other way to verbalize the fact that 1 USD is not always going to be 1 USD. It's not about the paper bill, or the number that shows up in a bank account. Those are entirely arbitrary and irrelevant when it comes to the functionality as money. If you had a fiat currency without a central bank (or a functional equivalent) you'd have the 1 USD = 1 USD argument in the same way that you have 1 BTC = 1 BTC. Funny seeing you argue so hard against the idea of a reflexive property but not really surprising. One thing is always equal to itself regardless of how its value changes. If you want to say X 1 ≠ X 2, with X 1 being the value of something in 1984 and X 2 being the value of something today then sure, there's a case to be made for that. However, a dollar bill printed in 1995 has absolutely the same value as a dollar bill printed today. You can hold them up side by side, and they will both buy you the same amount of coffee. You have to clarify what conditions you are comparing X 1 to X 2, otherwise you're just not making sense. This isn't about reflexivity because the argument is precisely that dollars are not reflexive over time when it comes to their functionality as money, and your example doesn't hold either. Either way, instead of wasting so much time on shitposting you might want to actually use that same energy on trying to actually understand what is being said. Perhaps you might even be able to figure out that 1 USD at time t (e.g. in the year 1995) is almost never the same as 1 USD at time s =/= t (e.g. today). Your example doesn't hold regardless of the presence of a central bank as it concerns the argument at hand. Go back to playing Minecraft instead of trying to pretend that the minting date of currency having no impact on its value when spent at the same time is some sort of revelation. |
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Again, USD changes functionally while BTC does not. The latter is 100% predictable and reliable, the former is up to the whims of the printing press. What was 1 USD last week is no longer 1 USD today. And unlike with BTC that is not due to 'relative value' to other goods based on supply and demand.
Nobody would've been able to almost eradicate entire nations if BTC was the currency of choice, because the functionality is consistent and constant over time. Meanwhile with central banks and fiat currencies all it takes is some good old hyperinflation or complete loss of trust which turns fiat from money into useless paper.
The only way you can accurately argue $1 = $1 is if you refer to the paper and its specific print. As money this is untrue.
Yes, I do agree with your comparison between BTC and USD. That's why I do like BTC. But still... 1 USD (with its inherent shitty features, like unpredictable emission rate, risk of being turned into completely useless paper and whatever you want to add here) = 1 USD (with its inherent shitty features, like unpredictable emission rate, risk of being turned into completely useless paper and whatever you want to add here) It's just an equal sign with both *IDENTICAL* values at each side of the equal sign. That shouldn't be debatable. Like "cmqñljer=cmqñljer" where I don't know what "cmqñljer" really is, nor its characteristics, nor I do really care... but I can safely say that 1cmqñljer = 1 cmqñljer. But... If I wanted to really explain its advantages I would focus on them instead of just saying that 1cmqñljer = 1 cmqñljer which I don't think is a very good argument to convince anyone. And the same applies to 1BTC = 1BTC. Anyways, people will keep repeating it at each and every dump as some sort of miraculous Vodoo. I know. I will just have to live with it as I have done all this years  I don't particularly care for the 1 BTC = 1 BTC argument and I wouldn't focus on, or even mention, it to sell anyone on the idea of BTC. But here you keep ignoring the time variable when you try to assert 1 USD to be 1 USD. This is only ever true in an isolated snapshot of an arbitrary "now". The functionality of 1 USD at any time t is different from the functionality of 1 USD at any time s that is sufficiently far from t. This does not happen with BTC. I'm not sure in what other way to verbalize the fact that 1 USD is not always going to be 1 USD. It's not about the paper bill, or the number that shows up in a bank account. Those are entirely arbitrary and irrelevant when it comes to the functionality as money. If you had a fiat currency without a central bank (or a functional equivalent) you'd have the 1 USD = 1 USD argument in the same way that you have 1 BTC = 1 BTC. |
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Btw, 1 USD = 1 USD. So what?
1 USD =/= 1 USD due to money printing. Wrong. You are talking about relative value here. If so, then 1BTC != 1BTC too. And that not even considering forks and some other shit........ Relative value comes from supply and demand. Central banks are not just devaluing currency with the printing press, they are functionally changing and corroding it. It's as if they had the power to make your computer worse just by printing some more, which is obviously not the case for computers. Yes, the relative value of computers changes if you shit out a lot of them, due to basic supply and demand. They do however retain the same absolute functionality no matter how many there are. This is not the case with fiat currency. If you print too much of it fiat loses all of its functionality as money and this happens on a gradient, e.g. the more you print the more useless your currency becomes. If you create an infinite amount of computers the only thing that will happen is that everybody will be able to have a pretty nice tool. Some of those points are strictly true and some are arguable. Anyways, no matter how many differences you can enumerate between USD and BTC... those are all inherent characteristics of each USD and BTC. And considering all those differential characteristics still 1 USD = 1 USD and 1 BTC = 1 BTC. Unless you are comparing 1 USD that is not really a USD (with its inherent government controlled inflation) and a different USD (like, I donno, one that is completely different?). But that would the same than comparing one Bitcoin (BTC) to one Bitcoin (Bcash lol). They are different things, so the equal thing is not really valid even if some people might try to argue they are. Anyways none of this really matter... As a maths guy, can you say 1BTC = 1BTC and, at the same time and for similar reasons, say that 1 USD != 1 USD? And... even if you can (wtf?) do you really think that is a good moto to use to show the differential advantages of BTC? I think it is a completely ridiculous one. Btw, 1BSV = 1BSV too. Again, USD changes functionally while BTC does not. The latter is 100% predictable and reliable, the former is up to the whims of the printing press. What was 1 USD last week is no longer 1 USD today. And unlike with BTC that is not due to 'relative value' to other goods based on supply and demand. Nobody would've been able to almost eradicate entire nations if BTC was the currency of choice, because the functionality is consistent and constant over time. Meanwhile with central banks and fiat currencies all it takes is some good old hyperinflation or complete loss of trust which turns fiat from money into useless paper. The only way you can accurately argue $1 = $1 is if you refer to the paper and its specific print. As money this is untrue. |
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Btw, 1 USD = 1 USD. So what?
1 USD =/= 1 USD due to money printing. Wrong. You are talking about relative value here. If so, then 1BTC != 1BTC too. And that not even considering forks and some other shit........ Relative value comes from supply and demand. Central banks are not just devaluing currency with the printing press, they are functionally changing and corroding it. It's as if they had the power to make your computer worse just by printing some more, which is obviously not the case for computers. Yes, the relative value of computers changes if you shit out a lot of them, due to basic supply and demand. They do however retain the same absolute functionality no matter how many there are. This is not the case with fiat currency. If you print too much of it fiat loses all of its functionality as money and this happens on a gradient, e.g. the more you print the more useless your currency becomes. If you create an infinite amount of computers the only thing that will happen is that everybody will be able to have a pretty nice tool. |
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Btw, 1 USD = 1 USD. So what?
1 USD =/= 1 USD due to money printing. |
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https://www.zerohedge.com/markets/market-broken-why-nobody-trading-any-moreThe US-Treasury market is freezing up, even with a $1.5 trillion liquidity gusher from the Fed. CONfidence and trust that the fiat game is founded upon is evaporating. I don't see any Bitcoin markets freezing up. And they run 24/7. The TRUSTLESS bitcoin network chugs along settling trades trustlessly just fine in times of absolute pandemonium. In the not too distant future bitcoin may be the ONE OF THE FEW ways to securely transfer/settle funds around the globe. Let that sink in a little. Parts of Europe literally banned short-selling, so yeah. The day stocks move onto the Bitcoin blockchain is the day Bitcoin will have officially achieved its purpose. |
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if your last post was true, losing several millions in this turmoil, why make your partner work at all?
6-8 mil just ain't that much money man, you still work Money is relative... I've worked with some very wealthy ppl that think they are poor and stressed about the future and I've seen the opposite. Personally I can live in the mountains off the grid on next to nothing! An old timer I know very well lives off the land For a few hundred dollars a month. This. I still live like a student and nobody knows how much I'm worth. Small two room flat to separate work and leisure. The internet provides me with all the entertainment that I need. The only luxuries I partake in are my high-end desktop PC, Gigabit internet, and the occasional splurge on luxury food and scotch. I'd rather leverage most of what I have into the future. Quite like the idea of funding research (nuclear fusion, rejuvenation etc.) should I somehow, God willing, end up with such sums. If not then at the very least I know that I'll never have to do anything that I don't want to for money while still being able to fulfill just about any material dream. |
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Another: planB feels that btc stayed within the S2F bands, however, one may surmise that bitcoin cycle became erratic.
There is no more clear bull and bear, or rather bull and bear appear randomly and not really connected to the underlying halving cycles.
We went down to levels first encountered in September 2017, which is almost exactly where Sp500 went to (in terms of levels vs time).
TL;DR We seem to correlate more with the stock market than with gold/silver OR with halving expectations, at least for now.
thank you for the update. but please have in mind the world is facing a crisis like the financial crisis of 2007–08 and we have no historical data how BTCitcoin will behave in such a large crisis because it did not exist yet in 2007-08. it was in fact the result of that crisis. EDIT: but you're right Satoshi invented it with the aim to protect ppl against such crisis if they are using it. so my knowledge is limited at the moment. time will tell if we leave the crisis behind and BTC will prosper again in the future. I hope it. but in fact that is a taff and real testcase for BTC. It is no real test case right now simply because the liquidity is non-existent. The corn is still in its infancy. The run to $1000 prepared the fields, the run to $20k planted the seeds. Right now we're watering them for the first time. When we dump to $100k we maybe might start harvesting the first crops. |
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if your last post was true, losing several millions in this turmoil, why make your partner work at all?
6-8 mil just ain't that much money man, you still work You're completely right that it isn't that much money. But if you wanted to you could live a very comfortable upper middle to upper class lifestyle without ever working again. Move to an area that has appropriate costs of living and you can live off of fixed interest accounts throwing off $60~240k a year. Or $50~210k with a $1m home to cut out rent. There are plenty of very nice cities where $1m gets you a beautiful property and where $50~210k is a fortune when you don't have to pay rent. |
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plot twist
turns out methamphetamine is prophylactic to corona and the tweekers inherit the earth
hey you jest but ... one medical article I read about this evil virus suggested that non-smokers did better, smokers were also not much worse than average but people who had recently given up smoking were hit hard ... I don't know what to believe but that sound like pure fucking evil. Guy tries to do the right thing and gets smacked hard for it?!? Like wtf is this shit? Plottwistception, or otherwise known as life (is a bitch). |
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This is too much volatility for my mind. All I wanted was a car and a house and a job I love doing. I guess it was too much to ask from this life.
Harsh but well meant words: With that attitude, yes, asking for anything from life is too much. I know it sucks right now, but these are the moments where you take a deep breath (or a break) and then figure out the lesson that will help you be better prepared in the future. The more you do this the better your outcomes will become. But the second you forfeit is the second you've given up on life itself. There's no magic wand that materializes wealth, it's a marathon of constant learning. This is true for material, personal and spiritual wealth (e.g. money, skills, getting to grips with reality). It's interesting how humans forget how fucking retarded they were as toddlers. I don't see them giving up on trying to walk when they fall flat on their butts. At what point do we become so deadly afraid of growing as human beings? |
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Just woke up.
Saw a dip down to 3800.
Un-fucking-real!
I wish I woke up now instead of an hour ago. 5400 I am ruined. You are not ruined. What I don't understand is that you were talking some hours ago that you wanted $4K to come to buy more... and instead you go all out  Panic bested me. Could always go nuts and try to time a double dip with a little bit of leverage. At 2x the price would have to drop from $5.5k to $2.75k to liquidate, so 1.1~1.3x should let you off with a black eye and a lesson. Just don't go full retard and try to trade. That will really be your end. |
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I believe Torque is correct, Our overlords will absolutely blame the virus on the market movements and the FED's reaction to printing 1.5 trillion to prop it up longer. One must wonder if it was entirely engineered and timed, the virus, the panic, the markets, the money printing. Idunno  Wouldn't put it past them if the WHO and other establishment organizations played it down until they got ready for some good old insider trades before ringing the alarm bells. I'd be seriously surprised if there was anything that they could learn this late in that would shift the situation from "who cares" to "full panic". These issues are too well studied. /tinfoil I think all the downplaying the WHO could do is already done. They declared pandemic status already, so it's kind of a capitulation in that regard. This doesn't mean the virus won't be the scapegoat for all the past and present market fuckery. They downplayed it heavily early on, and only in the last few days declared pandemic. The point I was trying to make is that they have too many resources and smart people to not know in advance where things are going. Which begs the question: why play things down if they will later declare a pandemic? The potential fatality rate across the globe is far too low to make any significant dent in the population, which leaves insider trading as a potential explanation. |
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More down... If this wasn't so tragic it would be fucking hilarious.
I think it's pretty hilarious. Next stop $3400? |
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I believe Torque is correct, Our overlords will absolutely blame the virus on the market movements and the FED's reaction to printing 1.5 trillion to prop it up longer. One must wonder if it was entirely engineered and timed, the virus, the panic, the markets, the money printing. Idunno Wouldn't put it past them if the WHO and other establishment organizations played it down until they got ready for some good old insider trades before ringing the alarm bells. I'd be seriously surprised if there was anything that they could learn this late in that would shift the situation from "who cares" to "full panic". These issues are too well studied. /tinfoil |
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 via Imgflip Meme GeneratorThe world is truly filled with people that doesn't belong to be among others.... I'm sometimes really starting to dislike human behavior overall  Positive this isn't a BTC enthousiast or community member What do you think? Sacrifice him to the gods or burn him as a witch? Both. |
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2 is not enough. It takes more than that just for the species to survive. And the older she is the dumber and sicker the kid will be.
You aren't accounting for increases in life expectancy, or the fact that rejuvenation is slowly being treated very seriously. |
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Fucking banned from Twitter for 7 days. Used the new meme "OK groomer" against a well-known Twitter paedophile, and I'm the one banned for "hate speech".
San Francisco needs to fall into the ocean already.
Didn't know you were a trans-age-phobic bigot. Proud of you. Also thanks for hooking me up with a new meme that slipped my attention. |
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https://www.youtube.com/watch?v=EbyPW8lJX2ETucker doing his best to play corona down again. He's been trying really hard to turn it into a meme for the past few months. Must be trying to get people to take it lightly so they end up getting infected and dying or something. Clearly that population control plan that Roach and other tinfoilers were talking about for so long. Given that Hairy is in the same boat as Roach now I suppose it's safe to assume that we're out of conspiracy theory territory and in established factual reality with this assessment. Everybody start panicking right now. This is not a drill.
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Define real women.
Here is a basic algorithm for picking the right woman
def woman():
x = int(input("How big her ass is? (1-10)"))
y = int(input("How big her tits are? (1-10)"))
z = int(input("What is her age? (1-100)"))
t = input("Does she laugh when you make stupid jokes? (yes-no)")
p = x*y
if z<30 and z>20 and p>50 and t=="yes":
print("That's the woman you want to marry yo!")
else:
print("Skip to the next candidate.")
woman()
I would quibble with that formula. Quite frankly, if a woman can not give you at least 3-5 kids then she is not good enough. 29 is way, way too old. You don't want to have more than 2 kids especially when everybody and everything is super stupid in the last 10-15 years. I wouldn't want my child to watch retarded youtubers on youtube for example. I grow up by watching pokémon and that was the most awesome shit I have ever witnessed. Even 2 kids is too much tbh. It is either 1 or none. My logic says none but biology says at least one. So 29 is OK to me. - Home school - Cut your kids off from the rest of the world - Supply them with enough classic games and material to stay busy until they're impervious to the stupidity of the world |
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