... after holding my value in bitcoin for two years ive made 10,000 percent on my investment and there is nothing that can offer me reward like that in traditional banking cults.
Try the lottery. If you win, you can brag about making a million percent on your investment, and tell us how clever you were to buy lottery tickets  |
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But it's my taxes that will be paying for your dole/welfare when you [predictably] impoverish yourself.
Gah that northamerican tribe and their self-centric view of the world. Only 4% of the population lives in your country. Your taxes mean nothing for the other 96%, relax.Thank you. You sure?  |
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Why do you let this fake "currency" scam and rob you daily
Why Why Why
You just have a look at the number of people who have made money in bitcoins and the number who have lost money in bitcoins. You will have your answer. Bitcoin's userbase was tiny during its first four years, exploding during the runup to $1200. Starting with this (uncontested AFAIK) as a premise, think about what you've just said  |
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People paying to withdraw to buy things at higher prices?
Bitcoiners aren't that dumb
*cough* OKPay. Take your protein pills and put your helmet on  |
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This market, it's like a spring. The lower they push the price, the tighter it coils. Like a cobra. Like a syphilis spirochete. Good morning, gentlemen!  |
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If the market would be preparing to go up we would see sustained buying, not crappy volume. The triangle should resolve soon, IMO down.
Surprise surprise you guess down. You have successfully called 18 of the last 3 bitcoin price falls. And you've successfully called at least as many rallies out of the last none  |
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^Nothing's happening. I can post a gif of Wile E. bashing his head against $380 again  |
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Go head, believe their lies. Nothing wrong with your tap water...  Aren't you from Russia?
... Yes, I'm from Russia. In US nao. |
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What, you don't believe the governments data on unemployment?? They have no reason to lie! Lol Who me, trust the gubmin? I go straight to the primeriest and reliablestest of all sources: a trusted liber loon from the interwebs  |
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I'm not the one cherry picking, that's the governments, read on. & it's last time I quote you because you are clearly a troll. Allow me to show where your argument falls apart.
Graph shows the population that is claiming JSA. It does not show true unemployment, because the UK government chose to change the way unemployment was calculated some years ago, and spilt it into different categories to manipulate the results.
The government is manipulating results. But you, you're no fool--you know Teh True Facts! "Stats are manipulated by gubermint" is the point past which it becomes unreasonable for me to expect anything but a wad of tinfoil at the other end of the intertube. ... The government did not release the data pertaining to how many of the Economically inactive were students and disabled, so it makes it impossible to tell the real 16-24 year old unemployment rate. One thing is certain it's over 22%. http://www.ons.gov.uk/ons/dcp171778_363998.pdfFrom your link: "Comparing February to April 2014 with November 2013 to January 2014, there was a large
increase in employment and a large fall in unemployment. There was a further fall in the number
of economically inactive people aged from 16 to 64. These changes continue the general
direction of movement over the past two years."Sounds to me like you're just trying to explain away your poverty--"Dey took ur jerbs!" Seems like normal folks are doing well  4 points here; 1. That's household income not wages. The income from all working people in the property. 2. It's the Mean household income, not the median, or the mode. Using the mean will again skew the results. 3. It's been falling since 2007. 4. If that was a bitcoin graph you would be screaming rounded top, head and shoulders or bubble. Lol, now Google is in cahoots with UK gov & serving up skewed, misleading data? Check your dosimeter--i think you hat has sprung a radiation leak. Either that, or you've been drinking tap water again. There's poison in it, u kno!   |
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NotLambchop, your average post count is 16.55 posts per day. For comparison, JayJuanGee, who may have achieved this subforum's record of lowest information density * post frequency, has only 14.2 posts per day on average. You should consider getting help for your Bitcoin addiction. I can quit any time |
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Such effort!  Let me simplify it for you. One use to be able to support a big family on a one man's salary. A few decennia has passed and this is impossible unless you have a top income. Bro, this is such tripe. If you can't support a big family, don't breed--it's not like the world needs more people. It isn't tripe. In the 1970's in the UK and US a single working male wage in an average job allowed the purchase of a house, car, holidays etc. Now the same lifestyle requires two working salaries... Why does this need repeating: If you can not afford a big family, do not breed. Don't contribute to overpopulation. Sure, UK has fallen from arguably the world's most relevant empire & industrial superpower @ the turn of the century to ...well, I guess no polite way of putting it--what it is today. Overall, humanity's standard of living has undeniably risen, so you Brits got no one but yourself to blame. Get your shit together and use sound family planning |
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^
Bro, this is such tripe. If you can't support a big family, don't breed--it's not like the world needs more people.
Problem solved. Ur welcome.
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^ So which God-forsaken hellhole are you from, bro? I hear you crying out for justice and democracy, and we're gassing up the drones to bring them to you, but I need some GPS data first, 'coz I don't wanna send this democracy to the wrong place. Make sure to post actual GPS data so I could punch it in, 'coz I don't know every armpitty podunk backwater in the world, and Googling is a pain. Who got time for that? ~Hang tight!  |
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You think the averge paycheck will be 4 times bigger in 10 years?
If the inflation is high enough to devalue the dollar by 75% (your candy bar example, and just a touch more than what happened to BTC this year), absolutely. The chart you have posted not only agrees with my expectations, but suggests that in such a scenario, income would MORE than quadruple. That's why it's important to *understand* the charts you post. Is there a single person on this thread that has 10% pay rise year on year? Footballers, ceo's and politicians... anyone else?
Not sure, I find it difficult and unpleasant to imagine what you Bitcoiners do for work. But I know that a candy bar which cost $1 ten years ago does not cost $4. According to this,  ... it costs just $1.26.I was just entertaining your hypothetical Are you beginning to realize how important it is to know what you're talking about before typing? I don't live in the US, so I can't say if your 0.26 cent increse over 10 years is realistic or not. It's certainly not true of the UK, a 200g Galaxy bar was £0.85 in 2004 and now it's £2.00. We're talking about real currency here, the US dollar. If you wanted to discuss GBP, why use $ in your candy bar example? The last 10 years just gone, were just a taste. The calcultor doesn't cater for 3 very important factors the future has in store for the world ecconomy. World popluation is rising (fast), arible land is declining (fast) and mechanization is increasing.
Southern Europe is alredy experiencing youth unemploment of over 50%, with little hope of a turn around. Jobs creation in some parts of the EU is increasing, however the vast majority are lower paid jobs. Some parts of the EU population have lower wages year on year. Spain 10% lower, greece is similar. Wages are falling. Take Russia, people still on the same wages and the ruble is 40% lower compared to Euro, Pound and Dollar. Prices are going up everywhere and wages aren't, you can't argue with that.
Don't cherry-pick your data. The unemployment rate in UK, where you live, is...  The average income has been growing steadily, here: Doesn't seem like you're starving. Lol, I thought you were using the candy bar as a hypothetical, but you're ...calculating inflation/standard of living by coco prices? Not basket of goods,, like sane people? Why not offer a more compelling example? Here, I'll even do it for you: "On the first of this month, a Dec. 1 copy of the NY Times cost $2.50. Today, if you wanted to buy that Monday copy, it would cost you ~$5. If you could find it. That's 100% WEEKLY inflation! Burn your dollars!" This is the best description of a Bitcoiner mind I've ever ran across. This guy writes for teens, so you'll have no trouble understanding: “I have never seen a more sublime demonstration of the totalitarian Bitcoiner mind, a mind which might be linked unto a system of gears where teeth have been filed off at random. Such snaggle-toothed thought machine, driven by a standard or even by a substandard libido, whirls with the jerky, noisy, gaudy pointlessness of a cuckoo clock in Hell.
The boss G-man concluded wrongly that there were no teeth on the gears in the mind of Jones. 'You're completely crazy,' he said.
Jones wasn't completely crazy. The dismaying thing about classic totalitarian mind is that any given gear, though mutilated, will have at its circumference unbroken sequences of teeth that are immaculately maintained, that are exquisitely machined."-- Kurt Vonnegut |
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I'm only glad the forces of good have triumphed again.  |
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You think the averge paycheck will be 4 times bigger in 10 years?
If the inflation is high enough to devalue the dollar by 75% (your candy bar example, and just a touch more than what happened to BTC this year), absolutely. The chart you have posted not only agrees with my expectations, but suggests that in such a scenario, income would MORE than quadruple. That's why it's important to *understand* the charts you post. Is there a single person on this thread that has 10% pay rise year on year? Footballers, ceo's and politicians... anyone else?
Not sure, I find it difficult and unpleasant to imagine what you Bitcoiners do for work. But I know that a candy bar which cost $1 ten years ago does not cost $4. According to this, ... it costs just $1.26.I was just entertaining your hypothetical Are you beginning to realize how important it is to know what you're talking about before typing? |
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The $1 chocolate bar will be $4 in 10 years. The average paycheck will also be x4 bigger.
...  Do you understand the chart you have just posted? I recognize the bottom plot, it's compensated for inflation. Meaning REAL income (compensated) has increased, but not as much as productivity. Here's a similar one:  That's what makes you bitcoiners so amusing tho. Don't ever change |
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Oh I think you'll find the trolls on this forum are very sane...
...unlike some of the posters here.  |
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... in the next few weeks when the price jumps up and the downtrend is definitively broken...
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