It wont get 100m views if a price remains. |
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The more countries collapse, the more people understand the reason behind it. FIAT CURRENCY. The more people understand it, the more people find out ways to find an alternative. We already have an alternative. A decentralized crypto coin called BITCOIN. All they need is to understand bitcoin and use it according to their own terms. Once they adopt it, they'd possibly be a part of the happy ending, if there is any ending.
I guess time will tell. With Cyprus its population was 1 million people, with Greece it has 10 million people. Who's next? Portugal? Thats another 10 million. Portugal already was, we have harsh austerity measures for the last 3 years or so. Portugal already was what? They haven't undergone capital controls recently have they? |
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The more countries collapse, the more people understand the reason behind it. FIAT CURRENCY. The more people understand it, the more people find out ways to find an alternative. We already have an alternative. A decentralized crypto coin called BITCOIN. All they need is to understand bitcoin and use it according to their own terms. Once they adopt it, they'd possibly be a part of the happy ending, if there is any ending.
I guess time will tell. With Cyprus its population was 1 million people, with Greece it has 10 million people. Who's next? Portugal? Thats another 10 million. |
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I wonder how fresh and coherent the various negotiators and leaders were, sitting in a meeting for 17 hours and apparently prevented from leaving before an agreement was made. By the 17th hour I think I would agree to just about anything just to get out of that room and get some sleep. What's the worst that could happen to me as a leader/negotiator? Lose my job? Face a hostile parliament on my return? It's not like my personal fortune or liberty would be at risk.
The future of nations being negotiated in a pressure cooker by a tired and exhausted group of humans. Sheer insanity.
Great summary. Its probably lies. I bet they all had bunkbeds in there. None of them looked tired when they spoke to the media the following morning. Perhaps they had consumed amphetamines. |
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Did you guys noticed, the greek government is now begging the EU to give them austerity, but a "better" austerity, to favor the greeks.
Thats as much as a referendum clearly wanting the opposite is worth nowadays. Can't trust politicians nowadays guys.
So this makes them lose not only the EU's trust in greece, but now the population will lose trust in their government too, default is inevitable...
How will the common people cause a default? Wont they just swallow the bowl of shit? |
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Actually, it may not last more than a few days as the deal requires Greece to pass some strong reforms this week, and there's no majority in the Greek parliament to support those. The only hope is that some members of the Greek opposition will back the reforms.
What odds do you give it getting through parliament on Wednesday? |
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Tsipras was corruptable, probably.
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No one got rich playing safe.
I'll invest and if it goes wrong, so be it.
The potential upside is too great to ignore. I don't fancy working until I am 70 so I will invest (not just in crypto) continuously through my working life until there is no need to be a slave anymore.
Or you could earn and keep in in the bank. Your choice.
Can you retire from being a slave or can you just become a retired slave? Lets say you have $1b in the bank and you live a lifestyle where you only use people's services and offer no service in return, you merely exchange your $ for goods and services until you die. Is this freedom? Perhaps you would invest some of your $. Let's say you invest in property, well then you take on the role of overseer. You would take a rental income from your tenant and if they do not pay you would call upon the state to evict (punish) the tenant. It's all as civil as it can possibly be and I don't hate it but common we remain, no matter what number we achieve with our mathematics skills. Freedom to me is buying property and working for myself renovating houses which I enjoy. Not relying on anyone else for work. Being able to treat my family without worrying. Being able to say to my wife she doesn't have to go to work again as we have enough money for her to bring our own child up and be at home with him each day instead of extortionate UK childcare costs that are more than her wage. That's freedom for our family. No greed, just security. I don't see freedom in what it is that you say. That's just a lifestyle which you think you will be happy with at this moment in time. I am in the same country as you and my daughter receives child care too. I expect that the servants that provide the child care to her are poorly paid, they are typically aged between 16-22. I would find it tough work and their enthusiasm is quite something. It sounds like you want a fair deal. "I'll work hard making properties nice for people to live in if everybody else will allow my wife to raise my son instead of work". But there is so much more that we get that we often do not think about, we get a building that we didn't have to build ourselves, it is supplied with fuel so that we can cook our food, bathe and heat our homes, we have water on tap. There are people every day bringing food in to our towns/cities and packaging them so that we can select them and take them home so conveniently. I don't think there is anything wrong with you wanting such a deal. If you can get it, or have already gotten it then well done to you. I wouldn't call it freedom though. I would say it is more of a goal within the confines of the Great British Pound. Frankly, I wouldn't be without it. If/when Britain goes through something similar to Greece at the moment. Oh dear oh dear. |
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When Greece pass the reforms through parliament on Wednesday everyone is expecting a dip right? It's not just me?
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why has it moved up to 295? *scratches head
not complaining.
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No one got rich playing safe.
I'll invest and if it goes wrong, so be it.
The potential upside is too great to ignore. I don't fancy working until I am 70 so I will invest (not just in crypto) continuously through my working life until there is no need to be a slave anymore.
Or you could earn and keep in in the bank. Your choice.
Can you retire from being a slave or can you just become a retired slave? Lets say you have $1b in the bank and you live a lifestyle where you only use people's services and offer no service in return, you merely exchange your $ for goods and services until you die. Is this freedom? Perhaps you would invest some of your $. Let's say you invest in property, well then you take on the role of overseer. You would take a rental income from your tenant and if they do not pay you would call upon the state to evict (punish) the tenant. It's all as civil as it can possibly be and I don't hate it but common we remain, no matter what number we achieve with our mathematics skills. |
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I will have a look at this, even tho I've only traded inside the crypto world. Prior crypto, I never bothered with the markets, so all my experience is with altcoins, whose have been a great tool to make some extra BTC. Im missing on investing in some companies I like, but I see it as a hassle compared to signing up anonymously in some exchange and get trading instantly.
Which exchanges have you used and would recommend for trading alt coins? |
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Wanted to chime in here, Chris Sullivan also sent us the letter on June 15th, 2015. We've replied back asking him to clarify as we do not use any 'financial institutions' to process any UK-based transactions, to which he sent another pdf email with the 'money's worth' response today.
We've emailed him back with our statement that we do not officially service any UK-based residents as our deposits are anonymous and we do not monitor IPs. We have also told him we would consider paying for the license if he accepted BTC, and to please let us know the price of said license as we operate exclusively in bitcoin and do not have sterling for him.
Last time he/his agency took a month to reply. I'll keep you guys posted.
Adam
With them taking a month to reply, doesn't really look like its a serious issue to them . It might just be a warning to atleast have half of the sites stop accepting UK customers which indeed have. I would wait to see what their reply is first. They act as an authority in many minds and whilst they may not be able to carry out any threats in the bitcoin world, they most probably can in the fiat world. I am keen to see what their response to Adam is. Thanks for asking the question Adam. |
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My questions is how long with this so called deal would last, is most likely to be in till the bail out money finishes and then the same drama all over again or would they be doing any special tax to the people to keep the creditors happy.
It's a three year deal apparently. |
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So every day less new bitcoins mined? This is nice.
I think it is the same amount every day until every four years, at which point half the previous amount is mined every day for the next four years and then it repeats.... until the year 2141. |
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I am assuming that once we pass the $300 mark things really start getting fun.
I am a little frustrated today though. My husband told me that his aunt, which decided to purchase a few coins at $650 a while ago, called yesterday and wanted to bail out and told him to sell them all (he was holding them for her because she seemed to have difficulty with computer security). Really? Right when the rally is just getting started? Sigh. Now is the time to buy or at least HODL!
Did he sell them for her before the drop to 280-290? |
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So in summary, when Greece defaults....
It will restrict access to each citizens money and turn to its citizens to ask them if they want to accept ongoing shittier lives.
If the citizens have a majority that say no then their money will remain restricted for at least another week.
After this week, Greece turns to its citizens again and says we need you to live shittier lives in order to give you full access to your money. Oh, and by the way, we no longer own some stuff we used to own.... we will tell you more about that later, its not important right now.
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And who is the new owner?
Is it the Greek parliament that now belongs to Europe?
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Awaiting the bears
25 dollars late for that.. I just woke up. |
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