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2441  Economy / Economics / Re: why do people agree to pay taxes? on: December 21, 2014, 08:14:52 PM
...
The current system is killing so many people that most other system based of free choice should be better.

"The current system is killing so many people" compared to what?  Where do you get this nonsense?
2442  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 21, 2014, 08:11:57 PM
Actually I would say that wages seem stagnant and cost of living on major life purchases for the average person has risen dramatically higher than inflation. This is entirely to the benefit of banks lending mortgages.

Something funny seems to have happened on that chart almost exactly when the US came off the gold standard and became a centrally planned pure fiat currency.

That's because the chart was made by goldbugs, duh!  I used it because even they admit that the standard of living has improved.

Quote
You argued very eloquently (and wrongly IMO) that bitcoin is a poor currency because it has fixed enforced programatic scarcity on another thread. Perhaps look at that chart you posted and give us an analysis to back up that assertion with a straight face.
Smiley

For someone who has me on ignore, you follow my posts pretty diligently.  Kudos!
2443  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 21, 2014, 08:05:22 PM
I'll do one better:  I'll give you the actual standard of living chart, 1947 to ~now.



Things are looking up, inca.  Fistbump?

See that gap between the "projected" and "actual"? That's what your fiat currency gets you.

That's because "projected" was projected by folks like you, this chart is supposed to show you exactly what you've read into it. 
What it does show is the standard of living actually improving.
2444  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 21, 2014, 08:02:26 PM
...
Christmas is coming. No doubt many of us will settle down, full of ham, turkey, duck (or whatever your local seasonal dish is) around the television with the family and tune into that enduring classic, "It's a wonderful life".

If you're familiar with this movie, at one point, $8000 dollars is misplaced.[/color] This is seen as a catastrophe. Chaos ensues: Businesses are at risk, careers threatened, jail time looms, suicide considered.

Over $8000?

Well, see "It's a Wonderful Life" was released in 1946. Care to guess how much that would be worth in modern money? We're talking close to $100,000 dollars [/color](give or take pocket change) and that's using government figures which have been diddled over the years.

Merry Christmas.

Yep, 8k in 1946 is ~102k now, almost x13 times Sad

On a happier note:

Average Annual Income 1946 = $2,600;   2013 =$51,017, almost x20 times.

Funny things, stats Smiley


102k for a block buster movie in 2014.  Cheesy  

you have to be kidding. A top blockbuster is $100 million easy.

$8000  x 12500 (twelve thousand, five hundred times)

You should read and think before typing.  Try it now!
2445  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 21, 2014, 07:58:19 PM
Average Annual Income 1946 = $2,600;   2013 =$51,017, almost x20 times.


Which is great if you live paycheck-to-paycheck and don't plan to retire.

Those who are living paycheck-to-paycheck are the people I'm concerned about, not the rich complaining about not being rich enough.
No one saves for retirement by stuffing a mattress.  401(k), or even a bank account would do better.  Welcome to the 20th 21st century!
2446  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 21, 2014, 07:53:19 PM
Now tell me which items in such a 'basket of goods' takes up most household income. Next remind us who benefits from large mortgages currently in existence in the Western world? Finally, why does it now require both husband and wife to work to attain the same standard of living as a single earner in the 1970's and earlier?

I'll do one better:  I'll give you the actual standard of living chart, 1947 to ~now.



Things are looking up, inca.  Fistbump?
2447  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 21, 2014, 07:43:03 PM
Post the price of a house from 1946 and 2013.
~5k in 1946 vs ~260k 2013, almost x50.

Computers, on the other hand, have actually gone down in price:
~$486,804.00 in 1946 (ENIAC); ~$299.99 in 2006 (2.93-GHz HPa1200y desktop).

That's why the standard of living is measured in terms of "basket of goods," and not in computers or houses.

Hope this clears things up for you Smiley
2448  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 21, 2014, 07:34:11 PM


he sounds pretty desperate. I guess he doesnt have much faith in the USA corrective system and facilities.

and no, I am not terrified, but I would like to know what happened to goat and other troll posters from this thread? their posts are nowhere to be found. 

Many posts in this thread have been deleted around the 10k posts mark, and also earlier. Fearing that those could have been used as evidence?
As for 2 years of jail humbling a guy, I don't think so. Just makes him bitter and revengeful, possibly more cautious.

I'll settle for "cautious."  He needed to learn the value of STFU.
2449  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 21, 2014, 07:30:49 PM
...
Christmas is coming. No doubt many of us will settle down, full of ham, turkey, duck (or whatever your local seasonal dish is) around the television with the family and tune into that enduring classic, "It's a wonderful life".

If you're familiar with this movie, at one point, $8000 dollars is misplaced. This is seen as a catastrophe. Chaos ensues: Businesses are at risk, careers threatened, jail time looms, suicide considered.

Over $8000?

Well, see "It's a Wonderful Life" was released in 1946. Care to guess how much that would be worth in modern money? We're talking close to $100,000 dollars (give or take pocket change) and that's using government figures which have been diddled over the years.

Merry Christmas.

Yep, 8k in 1946 is ~102k now, almost x13 times Sad

On a happier note:

Average Annual Income 1946 = $2,600;   2013 =$51,017, almost x20 times.

Funny things, stats Smiley
2450  Other / Meta / Re: Requesting theymos to remove CanaryInTheMine from DefaultTrust on: December 21, 2014, 07:14:13 PM
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Just noticed Mabsark removed the neg. rating he left me.

No I didn't. I'd only remove that feedback if theymos created a special "Forum's Biggest Troll" rank especially for you.

Ah, you were removed from default trust then?  Will neg rep you back, my apologies.



Nice job, whoever's responsible.
2451  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 21, 2014, 07:07:28 PM
Sherm doesn't sound quite as cocky and self-satisfied as he used to.  2 year's jail time sure humbles a guy Cheesy

“I screwed up,” Shrem told U.S. District Judge Jed Rakoff. “The bitcoin community, they’re scared and there is no money laundering going on any more. They’re terrified. Bitcoin is my baby, it’s my whole world and my whole life, it’s what I was put on this earth to do. I need to be out there. If your honor grants me that, I can be out there in the world, making sure that people don’t do the same stupid things that I did.”
2452  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 21, 2014, 05:51:07 PM
...
Crypto is Darwinistic and the strongest will survive,  fiat is imposed and has no competition.

To go along with your social Darwinism silliness for a bit:

Survival of the fittest doesn't imply "survival of the fittest that play fair/by the rules that I like."
It's survival by any means, even if those means are evol gubermint jackbooted thugs stomping on the faces of christlike Bitcoiners.
So yeah...  Fiat's king.

There is only one way to wrestle control of money out of the governments hands and that will be all out war in which case the most valuable thing will be bullets.

Be careful of what you wish for because if it happens it won't be pretty.

You can pretty much say bye bye to your suberbs, shopping malls and suvs.

Wait, wat?  You're not suggesting the local liber contingent is going to take up arms against their government?
The same kooks who "invested" their money in BTCeanie BTCabies Bitcoin and won't sell until it's $10K/coin?

I'll hold off on stocking up potable water, beans & ammo for now, but thanks for the heads-up.
2453  Other / Meta / Re: Requesting theymos to remove CanaryInTheMine from DefaultTrust on: December 21, 2014, 05:42:52 PM
Just noticed Mabsark removed the neg. rating he left me.  I returned the favor, though have mixed feelings about it.

...
LOL. I was invested in NEOBEE for a whole day and I sold my shares in ActM near the height of the share price in summer 2013. I then invested them into Labcoin and sold them off not long later too. I was also trading DMS around that time too. I used to trade securities all the time on BTC-TC and BitFunder. I don't pretend that I've never made mistakes. I'm not perfect.

Lambchops claims are complete nonsense though, as proven by the fact that the negative feedback was left over half a year to a year after the events under discussion. If you look through his posting history, it's nothing but trolling. If there was an Internet Troll of the Year award, this guy would get my nomination. If you ran such a poll on this forum, I have no doubt whatsoever that NotLampchop (or one of his older accounts) would win. I wouldn't be surprised if his accounts were the only nominees. The only reason he posts to this forum is because he loves winding people up.

"Winding people up" is exactly what needs to happen when said people are getting fleeced.
Looking at the date, I remember why you've left me that vindictive feedback:  I interfered with your pimping of your AM "investment," which continues to tank to this day Smiley

@Quickseller: Mabsark leaving me negative trust is well within the forum rules.  The problem is not Mabsark, but the rules.  Attempting to grow a relevant trust system from a default trust seed is fundamentally, conceptually flawed.

Edit re. "feedback was left over half a year to a year after the events under discussion":

The chart starts on June 11th, when I got the vote of no confidence from Mabsark for suggesting that AM prices would tank:


2454  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 21, 2014, 05:05:55 PM
...
Crypto is Darwinistic and the strongest will survive,  fiat is imposed and has no competition.

To go along with your social Darwinism silliness for a bit:

Survival of the fittest doesn't imply "survival of the fittest that play fair/by the rules that I like."
It's survival by any means, even if those means are evol gubermint jackbooted thugs stomping on the faces of christlike Bitcoiners.
So yeah...  Fiat's king.
2455  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 21, 2014, 04:56:02 PM
...
How many fiat have died? Thousands I guess.

You would, though you'd be wrong Sad
The rest of your rant has nothing to do with stability, the topic being discussed.  If you would like to pretend this is /pol/ and post some tired "teh gubermint iz extorting taxes and they took our jerbs," go ahead.
2456  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 21, 2014, 04:52:02 PM
Why do you have a trust rating of -4 NotLambChop? And why are you posting with two accounts on the same thread at the same time? (FatherBob).

 Smiley

Good question.
Some people got upset when I suggested that a certain pillar of the community, Kenneth Slaughter of Active Mining, may not be entirely what he appears to be.  A few more people got upset when I've similarly opined re. Danny Brewster of NeoBee, Ukyo of WeEx, Benny and Branny of HASH and RENT, respectively, ABitInterested of the secret pr0nz site & Legitimate offline business fame, etc., etc., etc.

When all my suggestions proved to be 100% correct, and the people who raged against me were [predictably] impoverished, some of them got upset Undecided

I hope this helps Smiley

If you would like me to leave you an equally justified trust rating, I'd gladly oblige Smiley

2457  Economy / Speculation / Re: Is it just me or is there a change in perspective.. somethings not as it was. on: December 21, 2014, 04:44:10 PM
^
Your last contributions:


I don't mean to be rude, but isn't there someone else you can follow around?
2458  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 21, 2014, 04:29:44 PM
Wait, "existential stability" of Bitcoin, the most unstable thing calling itself a "currency" in the history of the world?! Cheesy

yeah, let's get a stable currency!




Brah, there are shit fiat currencies, fact.  Should compare the dollar to some shit crypto? Cheesy
How many fiat currencies have died in the history of money?
Now how many crypto coins have died over the past year?
2459  Economy / Speculation / Re: What to expect from bitcoin in December 2014? on: December 21, 2014, 04:15:10 PM
Hi guys.

Today bitcoin value is $356.12 (22/Nov/2014)

I have 3 bitcoins and need $1340 for last days of December, what to do?

My options.

A) Keep the bitcoins, the price will go up!
B) Invest in other coins, Doge and LiteCoin will go up!
C) Sell that 3 btc and take that $1050 and try to earn 1 btc to get that $300.

Im of the idea "If price goes down, get more coins", but if you have a "Option D)" share it please  Wink

Now you need to earn $360 Sad
2460  Economy / Speculation / Re: Up or down? on: December 21, 2014, 03:53:19 PM
Of course we're going up. Nowhere else to go Smiley

All exchanges are on a better price than yesterday.

Nope.  All down, actually Sad

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