why are you guys hanging out bashing this coin on this topic constantly ?
i am curious eh because i don't do that..
and i find it odd how i am always considered to be the monster around here while some of you act like compete assholes.
I wonder too for this out of date coin. I'd personally call it "Frustration on a bad call". I'm outta here. Good luck with your investment.  |
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debt is good?
dear keynesians, this only would have worked if central banks could not print fiat out of thin air to lend it with interest to the government.
how often did the US has to change their debt ceiling in the last 3-4 years?
and its not only a US problem, pretty much every industry nation is nearing a debt crisis, which gonna explode sooner or later under their butt.
So every industrialized nation in the world is stupid and don't know The Truth about economics that you and some of your crustier friends do. I suggest you start calling world leaders and educating them, it looks as if without your help, the world is heading for Armageddon.  P.S: In the meantime, that rally sorta stopped rallying a while back  P.P.S: Maybe you can just email world leaders with YouTube links to "Money As Debt"? Sounds like a plan? It will resume back, don't worry too much.  Good night from Delta Centauri |
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Bitcoin is a clumsy throwback to the gold standard days. The rest of the world has long since discovered the benefits of elastic money supply--benefits proven both empirically and through the works of John Maynard Keynes, the father of modern economics. Bitcoiners, gold bugs and other Austrian School vandals now wish to destroy decades of economic progress, thrusting the world back into pre-Keynesian economic darkness. Luddites  OK. For the sake of the conversation let's assume I'm someone with the power of Mario Draghi. -How fair is it that I can (literally) sign a Billion Euro check for "Friends n Family" and have no excuses to give to anyone? -How fair is it that someone like me decides that a Continent's citizens are obliged to pay for MY check via their tax system? -How fair is that someone like me decides to buy out any Mass Media in the continent to chirp whatever music I like to hear? -How fair is it that some humans are born with good looks while others with congenital diseases? -How fair is it that some humans are born rich and don't need to work a day in their lives, while others starve? -Fair. You earthlings crack Us up.  ~Your Beneficent Reptilian Overlords. You could just admit you don't give a rat's ass about bitcoin and you're just here to challenge our mentality. Well. Bad news for you. Most of us are (DNA wise) 98.1% MONKEYS! Some of us are prettier. Some others like to step on lizards. Get out as soon as nobody like him steps on you:  Your average monkey. |
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Saying it is impossible to change is having a fundamental misunderstanding of how or why bitcoin works
I think it's you who are failing to understand what 'Bitcoin' is. If you changed the 21M coin limit or the generation algorithm you will have created yet another alt coin (which is done every day) . You will not have changed Bitcoin. +1 Bitcoin's power is based on its participants. Not it's code. |
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I'm sorry if I have to break it for you guys but there is no "math" that limits the number of bitcoins.
You need to stop thinking about bitcoin as some mathematical absolute that has been discovered by satoshi.
It is more or less just a statement made in code that everyone agrees with.
You know what you're proposing is utterly wrong right? Economics 101: -What gives money it's "power"? -The "agreement" between 2 or more individuals/entities/countries etc to ACCEPT a commodity as money. To "break it down" for you, this is as simple as you and me having an agreement that from now on we will be using Euros or Zimbabwean dollars for our transactions. This is what powers the grid. The more we agree to do so - the greater the "power". Now, there's a glitch. *IF* one of the participants decides to forfeit / steal / type more money, the agreement is invalid. You know what they say right? Whenever there's money involved, there's greed as well. THIS is what Bitcoin is. The ability of Random Matrix Math to solve the human greed factor. The flaw is not the money. It's US. I have no idea what you are trying to tell me here. People often suggest there is a greater "Math" behind why bitcoin is limited in supply. Basically it is a few lines of code in the protocol an the fact that the majority of miners and users follow that protocol. It is horribly trivial to change the supply of bitcoin to an arbitrary amount if there was enough backing by the community for it. Saying it is impossible to change is having a fundamental misunderstanding of how or why bitcoin works The greater math is a line of code that EVERYONE THAT USES IT agrees that "this is it". If someone wants out, the rest continue. Simple as that. If the code changes (by the Cabal of programmers... heh) then people can always follow the "fork" they choose. Or maybe by then, there's a pretty good alternative to follow. |
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Bitcoin is a clumsy throwback to the gold standard days. The rest of the world has long since discovered the benefits of elastic money supply--benefits proven both empirically and through the works of John Maynard Keynes, the father of modern economics. Bitcoiners, gold bugs and other Austrian School vandals now wish to destroy decades of economic progress, thrusting the world back into pre-Keynesian economic darkness. Luddites OK. For the sake of the conversation let's assume I'm someone with the power of Mario Draghi. -How fair is it that I can (literally) sign a Billion Euro check for "Friends n Family" and have no excuses to give to anyone? -How fair is it that someone like me decides that a Continent's citizens are obliged to pay for MY check via their tax system? -How fair is that someone like me decides to buy out any Mass Media in the continent to chirp whatever music I like to hear? |
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I'm sorry if I have to break it for you guys but there is no "math" that limits the number of bitcoins.
You need to stop thinking about bitcoin as some mathematical absolute that has been discovered by satoshi.
It is more or less just a statement made in code that everyone agrees with.
You know what you're proposing is utterly wrong right? Economics 101: -What gives money it's "power"? -The "agreement" between 2 or more individuals/entities/countries etc to ACCEPT a commodity as money. To "break it down" for you, this is as simple as you and me having an agreement that from now on we will be using Euros or Zimbabwean dollars for our transactions. This is what powers the grid. The more we agree to do so - the greater the "power". Now, there's a glitch. *IF* one of the participants decides to forfeit / steal / type more money, the agreement is invalid. You know what they say right? Whenever there's money involved, there's greed as well. THIS is what Bitcoin is. The ability of Random Matrix Math to solve the human greed factor. The flaw is not the money. It's US. |
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...
Inflation is never needed. It is a tax that, for all intents and purposes, is paid only by the poor.
>>>/pol LMAO Best poster on Bitcointalk. He is pretty damn clever. Too bad he uses his powers for evil, trolling the bitcoin forums - but hey, the world needs super-villains too I guess  Many people like him lurk around us petty humans. They're aliens you know. I'm pretty damn certain!  |
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you "sound money" luddites
It's hilarious that the people promoting electronic, programmable virtual currency are the "Luddites" in your mind  The expression "sound money" was appropriated by goldbugs--the ones who want to go back to the gold standard. It has nothing to do with electronic, programmable currency currently inflating @~10% per year. Always happy to educate.  @macsga: I'll see what I can do. Lamb. Seriously. You're not Mario, are you?   |
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If HM The King sees fit I'd like to contribute also for the public library. I own hundreds of papyri that I could offer as a gift for the citizens willing to dive into knowledge.
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Why lose 0.25% of your money in a year when you can use Bitcoin and lose 60% of your money in the same year You can also wait for the next Bail-In and let the banks own your >100,000Euros just like in Cyprus last year; remember? @Lamb: Dood, why only 0.25? Convince them to get MOAR!!!!1 |
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Very volume.  Huh. Sure you're looking at the right thing? ... Pretty sure. Also lol @"Chinese volume." Not expecting any drama today. Not to the upside, at least. Been wrong before, tho I believe you should stay all Fiat. In the meantime please entertain yourself by reading a nice nursery rhyme: http://wolfstreet.com/2014/10/30/the-wrath-of-draghi-first-german-bank-hits-savers-with-negative-interest-rate/Deutsche Skatbank, a division of VR-Bank Altenburger Land, which was founded in 1859, is not the biggest bank in Germany, but it’s the first bank to confirm what German savers have been dreading for a while: the wrath of Draghi.
Retail and business customers with over €500,000 on deposit as of November 1 will earn a “negative interest rate” of 0.25%. In less euphemistic terms, they have to pay 0.25% per annum to the bank for the privilege of handing the bank their hard-earned money or their business cash.
Cheers. |
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Good morning gentlemen!
What's the accepted backstory for today's meteoric rise?
You're probably not really interested in an answer, but at least part of the reason is probably... The relevant bit is on the right side. That, and another wave of buying on Bitfinex, I'd say. Here's my simpleminded take (the relevant bit is circled in red):  Is THAT what you call a circle? Seriously Lamb, don't miss out. Get yourself some cheap coins now. You never know, you just might quit this lousy trolling job of yours for a better future. |
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Ripple is the future. Get over it. Sell all your Bitcoins *(to me) and buy Ripple. PS: WTF is mah87?  |
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TLDR bitcoin is a global digital currency, regulation was created in tandem with development and adoption, bitcoin is not and never was meant to be a liberty promoting value exchange. There is no "satoshi". The central banks are already the largest holders of bitcoin. Bitcoin IS going to the moon because of this.
Even if this nonsense hypothesis is true, it still makes no difference. It's open source and does exactly what it says on the tin. The inventor is irrelevant with regards to the future. well apart from the alleged unbreakable NSA approved SHA256 algorithm... its like people trusting Tor to have no back doors somehow.. really?! how would you possibly know? By utilizing a nice firewall and monitoring the I/O traffic, this could be possible. I must also say that I agree with your concept though... |
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Following. Great job indeed. Congrats.  |
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you never be late for bitcoin...
... Lurk moar. Most people are getting OUT of Bitcoin. But if you don't mind losing money, I suppose ur right  Do you actually make all of these... ? I mean, I'm pretty sure you at least have to work with layers to make the Bitcoin emblem to be below the spears... Sometimes I do think you're on somebody's payroll Don't THINK... (he is) |
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nah this is the troll observer thread, you come here to observe trolls in their natural habitat, a mostly unmoderated forum thread
You're right there, but Wall of Troll sounds more poetic. Even though I've never heard Lambchop singing... Hint: https://www.youtube.com/watch?v=6mzrYKlsqP0 |
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Yeah, I guess he's just trolling as 99% of the regulars here... Got to admit, he does it with style though! Edit: HDBuck has the 133+3$+ sig though from us all. No trolling, just style here That's a blasphemy dood, after all you're in the... __ __ _ _ ____ ______ _______ _____ ____ _ _
\ \ / /\ | | | | / __ \| ____| |__ __| __ \ / __ \| | | |
\ \ /\ / / \ | | | | | | | | |__ | | | |__) | | | | | | |
\ \/ \/ / /\ \ | | | | | | | | __| | | | _ /| | | | | | |
\ /\ / ____ \| |____| |____ | |__| | | | | | | \ \| |__| | |____| |____
\/ \/_/ \_\______|______| \____/|_| |_| |_| \_\\____/|______|______|
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