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3321  Economy / Speculation / Re: Bubble incoming! $3800 - $4000 expected on: June 16, 2014, 08:47:37 PM
I hope we see a new bubble soon. I bought most of my coins > $800. Would love to be in profit. Undecided

Then why didn't you buy in at the dips to 450? If I may ask... I bought in all the way down, so my average is about 620.
He may have used up all of his available funds.

What you suggest is a good strategy otherwise.

Only if it doesn't continue to go down Wink
Good point!

Obviously you would have to be fairly certain of its long term hopes  Grin
Still, lets give credit where credit is due: buying at over $800 and holding all this year is tough
That's what they said for over a year for the folks that bought at $33
3322  Economy / Speculation / Re: Bubble incoming! $3800 - $4000 expected on: June 16, 2014, 08:46:15 PM
I hope we see a new bubble soon. I bought most of my coins > $800. Would love to be in profit. Undecided

Then why didn't you buy in at the dips to 450? If I may ask... I bought in all the way down, so my average is about 620.
Weren't you one of the bears suggesting to wait until the 200s to buy?
3323  Economy / Speculation / Re: Bubble incoming! $3800 - $4000 expected on: June 16, 2014, 08:29:38 PM

Alert: China Ban detected.
3324  Other / Off-topic / What's your sign? on: June 16, 2014, 05:24:27 PM
While I'm not ignoring the off-topic threads I'll entertain your responses to this question.
3325  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 16, 2014, 12:32:20 PM

What is a 'weak hand'? Why is this type of penny stock terminology used in bitcoin? Does this imply that bitcoin is some type of investment scheme to hold rather than a currency to use?
It's a poker term long before "penny stocks." It means you lack confidence in you ability to play.
So it's a profit making game and not the future of money?
Is money not about profit?
Bitcoin is supposed to be about creating a decentralized network to change the way the world does finance and payments - not about getting all the bitcoin participants to be rich off of the successive waves of bitcoin participants because the unit value rose and having a contest about who made the most profits.
You are lost. I think you want dogecoin in the other room.
3326  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 16, 2014, 12:16:40 PM

What is a 'weak hand'? Why is this type of penny stock terminology used in bitcoin? Does this imply that bitcoin is some type of investment scheme to hold rather than a currency to use?
It's a poker term long before "penny stocks." It means you lack confidence in you ability to play.
So it's a profit making game and not the future of money?
Is money not about profit?
3327  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 16, 2014, 12:13:40 PM

What is a 'weak hand'? Why is this type of penny stock terminology used in bitcoin? Does this imply that bitcoin is some type of investment scheme to hold rather than a currency to use?
It's a poker term long before "penny stocks." It means you lack confidence in you ability to play.
3328  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 16, 2014, 12:12:10 PM
I think it will be hard to pass the 680s.looks like that is a magical barrier because most people bought there and now try to get out without a loss because they lost trust in btc.

It makes sense. The ones with no trust in btc are weak hands and will fail to hold.
FTFY  Grin
3329  Economy / Economics / Re: Solution to poverty - Socialism or Capitalism? on: June 16, 2014, 04:13:21 AM
Socialism and Capitalism are like peanut butter and chocolate. Sure they go great together, but RBE is like a thick juicy steak and an ice cold beer.
3330  Other / Off-topic / Re: Let's talk about how hot Asian girls are. on: June 16, 2014, 04:11:01 AM
That's so weird.   Asian girls seem to always be attracted to me.  Seriously.    But I find them least attractive.  They always seem to skinny and lack a juicy top & bottom.   Latinas are on top of the list IMO. Smiley

Philippines and Indonesia is not skinny and they also have bigger breast than most east asian countries.

mostly yes just because some of the pilipina here are not pure filipino some of them have a blood of spanish chinese thai american you see mostly of a pure pinay in the north part i just dont like the attitude of the people there Cheesy but when it comes to the city you are rarely seeing one cebu is dominated by spanish before so a lot of woman there have a spanish feature well not all but mostly
It's more fun in the Philippines!
3331  Economy / Economics / Re: Capitalism and immorality on: June 15, 2014, 11:14:34 PM
That's what the term means. It's an unavoidable monopoly. You can always go to a socialist country instead if you can get a passport in time before you die.


Monopoly is not unavoidable. If this is the case, counties and dynasty will last forever rather than fade into history and being replaced by a better managed country/dynasty.

Very true. Many monopolies only last a few normal human lifetimes. I'm glad your immortality is working out for you.

Technology advancement speed up the process of downfall.


Technology progress creates monopolies. Look at mining pools. The superior efficiencies give the most payout, that's how monopolies are born. Oil companies may change names, but the same families are running the companies for many decades. Companies like TI and IBM own so many patents, they monopolize technology development. Revolution speeds up the process of downfall, but we're a long way from that.
3332  Economy / Economics / Re: Capitalism and immorality on: June 15, 2014, 05:54:00 PM
That's what the term means. It's an unavoidable monopoly. You can always go to a socialist country instead if you can get a passport in time before you die.


Monopoly is not unavoidable. If this is the case, counties and dynasty will last forever rather than fade into history and being replaced by a better managed country/dynasty.

Very true. Many monopolies only last a few normal human lifetimes. I'm glad your immortality is working out for you.
3333  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 15, 2014, 01:15:07 PM
The sun is out today therefore Bitcoin goes up.  Cool
3334  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 15, 2014, 12:57:23 PM
It boggles my mind that the trend is like this with the sheer amount of new and large business that have adopted bitcoin lately.
Most of those businesses did not adopt bitcoin at all.  They merely agreed to accept dollars from the sale of bitcoins that people already had, including cheap coins that had been dormant since 2013 or earlier.

Bitpay expansion does little to increase adoption; it chiefly makes it easier and more tempting for long-time investors to sell some of their coins on the open market.

ouch!
Please ignore the trolls. Claiming that Bitpay customers do not keep any of their bitcoins is a lie.
3335  Economy / Economics / Re: Capitalism and immorality on: June 15, 2014, 12:04:25 PM
So it's ethical to overcharge for a lamp, but unethical to overcharge for healthcare?

What is your definition of over charging?

Buyers don't buy based on price alone. You need to take trust, after sales service into account.
Let me rephrase the question. Is it ethical to overcharge for a lamp, but unethical to overcharge for healthcare?

The term "overcharging" cannot be easily defined. It is fair to allow people to make a profit off of the time and capital they invest in their business.

The only true way to "overcharge" someone for something is to charge a price that is above the market rate, but if you charged this much then you would not be able to sell your product/service.

What planet are you from that doesn't have salesmen?


Buyer also bear responsibility for buying over price cap for not doing their own homework.

Same reasoning for choosing the right doctor to trust and the right care provider.

With internet, people can find out which doctor is scum bag very fast if they do their homework.

The average joe doesn't have the financial resources to vet a medical institution and their billing/insurance practices and policies. They often don't have time for a second opinion if they are told their appendix burst. They are at the mercy of a predatorial medical/industrial complex. You average doctor also cannot compete with those medical institutions to fight the system if they ever hope to repay their enormous student debt. Doctors get sucked into the system. Nowadays a lot of good doctors are quitting their beloved profession because of the immoral business practice forced upon them by hospital administrators and insurance companies.

Quote
With internet, people can find out which doctor is scum bag very fast if they do their homework.
Oh, that's just adorable naivete.

So it makes sense to subcontract that function to those who neurish the predatorial medical/industrial complex?


That's what the term means. It's an unavoidable monopoly. You can always go to a socialist country instead if you can get a passport in time before you die.
3336  Economy / Economics / Re: Capitalism and immorality on: June 15, 2014, 02:38:29 AM
So it's ethical to overcharge for a lamp, but unethical to overcharge for healthcare?

What is your definition of over charging?

Buyers don't buy based on price alone. You need to take trust, after sales service into account.
Let me rephrase the question. Is it ethical to overcharge for a lamp, but unethical to overcharge for healthcare?

The term "overcharging" cannot be easily defined. It is fair to allow people to make a profit off of the time and capital they invest in their business.

The only true way to "overcharge" someone for something is to charge a price that is above the market rate, but if you charged this much then you would not be able to sell your product/service.

What planet are you from that doesn't have salesmen?


Buyer also bear responsibility for buying over price cap for not doing their own homework.

Same reasoning for choosing the right doctor to trust and the right care provider.

With internet, people can find out which doctor is scum bag very fast if they do their homework.

The average joe doesn't have the financial resources to vet a medical institution and their billing/insurance practices and policies. They often don't have time for a second opinion if they are told their appendix burst. They are at the mercy of a predatorial medical/industrial complex. You average doctor also cannot compete with those medical institutions to fight the system if they ever hope to repay their enormous student debt. Doctors get sucked into the system. Nowadays a lot of good doctors are quitting their beloved profession because of the immoral business practice forced upon them by hospital administrators and insurance companies.

Quote
With internet, people can find out which doctor is scum bag very fast if they do their homework.
Oh, that's just adorable naivete.
3337  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 14, 2014, 04:26:26 PM
Thar be whale. No news. No volume. Let's hope the sharks are hungry for whale meat.
3338  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 14, 2014, 04:23:43 PM
Coinbase going up when everyone else is going down.
3339  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 14, 2014, 03:54:09 PM
Bitcoin is such an awesome investment, it's now the same price it was around 8 months ago.  Yay!  

/s
Not if you bought with silver.
3340  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 14, 2014, 03:46:48 PM
Magic number 555. It's looking like a weekend dip now.
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