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3341  Economy / Economics / Re: Economic Devastation on: May 07, 2015, 07:52:31 PM
You are delusional lol.

This is not helpful. Instead, state your case with reference material so we all learn.
3342  Economy / Economics / Re: Economic Devastation on: May 02, 2015, 10:44:39 PM
You appear to be a typical deluded Marxist.

This is exactly what I mean. Everyone is a Marxist to you. Doesn't make your long cryptic posts any more sympathetic. Care to tailor your message to the world for the 'stupid people' or not? That's the question.

I certainly hope so. I learn more from people who think outside the box (even if a bit crazy or 'off the path') than people that stick to common wisdom. I just wish you drop the superiority thing.
3343  Economy / Economics / Re: Economic Devastation on: May 02, 2015, 06:59:28 PM
What's your obsession with Marxism?

Thanks for exemplifying my point about diligence.

You're hiding.
3344  Alternate cryptocurrencies / Announcements (Altcoins) / Re: FeatherCoin 0.8.7.0 - NeoScrypt based cryptocoin on: May 01, 2015, 07:50:45 PM
If FTC is recovering then all coins will  Grin

I noticed that major alts are really slipping now (LTC, Peercoin, etc). This is the time to be bold and brave.
3345  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 01, 2015, 07:48:01 PM
Plan still moving ahead.


From Feb 2015


Nothing changed.

The waiting is the hardest part  Cool
3346  Economy / Economics / Re: Economic Devastation on: May 01, 2015, 05:14:25 AM
What's your obsession with Marxism?
3347  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PPC] Peercoin Official Thread on: April 30, 2015, 04:12:05 PM
PPC is a bit weak vs LTC lately. I take it as an opportunity to load up some extra PPC.
3348  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency on: April 30, 2015, 06:34:41 AM
Yes.
3349  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NLG] Guldencoin.com — Meet our amazing community on: April 26, 2015, 10:28:55 PM
I hope to see Guldencoin on the streets tomorrow. If so, I will make sure to upload a few photos.
3350  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [DVC]DevCoin - Official Thread - Moderated on: April 24, 2015, 09:33:47 PM
Vircurex doesnt work for me. They froze my balance since last year.

I have more than 10+ BTC on their website which are frozen. If I were you, I would be very careful when dealing with Vircurex.

I remember that this was about a BTC hack that cost Vircurex some Bitcoins. Other currencies were not affected and only Bitcoin accounts were frozen.
3351  Economy / Economics / Re: Economic Devastation on: April 23, 2015, 09:20:01 PM
This is becoming HyperTiger.
3352  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: April 22, 2015, 07:38:34 PM
Sitting tight is the thing you need, which most lack.

"The waiting is the hardest part" - Tom Petty
3353  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ZET] Zetacoin - SHA256 coin - Quick confirmations - 0.9.2.4 on: April 21, 2015, 09:01:27 PM
Amazing how some people think they understand economics & monetary systems by reading a little bit about Austrian economics.

Perhaps because it makes sense.
3354  Economy / Economics / Re: Economic Devastation on: April 11, 2015, 03:16:08 PM
I am interested how the battle between Armstrong and Denninger will turn out on the One Dollar of Capital debate.

http://market-ticker.org/akcs-www?post=229998
http://market-ticker.org/akcs-www?post=230006

Someone please send my rebuttal to that obnoxious, pompous, Dunning-Kruger boomer Denninger.

I sure as hell won't register on his board since I like a 'free' environment. Nevertheless, I am intrigued by the debate insofar it regards the creation of non-backed credit. I have not seen this point refuted or disassembled by either you or Armstrong. I find that strange, since the point is very easy to grasp. If someone can create unbacked credit that (i) functions as money but (ii) does nothing to enhance society (Denninger uses the example of using credit to either build productive assets or not), why allow for it? If I understand Denninger correctly, he merely opposes banks creating credit that is not backed by either collateral or the bank's own capital. The rebuttal of Armstong is, well ... let's stay honest .... appalling. I Iearned nothing from Armstrong on this point. Can't he write a simple rebuttal that makes sense?

In the end, you can't argue maths. The only question is which maths apply Cool

But I won't burn my fingers on this topic and let the Behemoths fight it out.
3355  Economy / Economics / Re: Economic Devastation on: April 11, 2015, 05:23:26 AM
I am interested how the battle between Armstrong and Denninger will turn out on the One Dollar of Capital debate.

http://market-ticker.org/akcs-www?post=229998
http://market-ticker.org/akcs-www?post=230006
3356  Bitcoin / Press / Re: [2015-04-09] ING: Mobile app use sees emergence of cashless society on: April 10, 2015, 05:47:26 PM
The Dutch go for Guldencoin  Cool

But seriously, mobile payments have yet to arrive big time in the Netherlands. Most payments are done by PIN or (online) iDeal. There is not much friction that would have people rush to the solution of GuldencoinBitcoin.

A catalyst could be a major bank failure with depositor losses or loss of faith in fiat (NIRP?).
3357  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 10, 2015, 07:07:48 AM
This is weird. Where is the volume? We should be troll central by now as well. Instead ChartBuddy is ruling Da House.

We are slowly getting to desperation. Best time to buy is when Chart Buddy rules the pages.
3358  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NLG] Guldencoin.com — Meet our amazing community on: April 09, 2015, 09:04:14 PM
Added my first receipt as well: https://twitter.com/Wekkel/status/586271044551446528  Cool
3359  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: April 07, 2015, 09:16:01 PM
Popper (Karl, that is) has some amazing quotes attributed to him:

Quote
Whenever a theory appears to you as the only possible one, take this as a sign that you have neither understood the theory nor the problem which it was intended to solve.

Quote
Our knowledge can only be finite, while our ignorance must necessarily be infinite.

Quote
Science may be described as the art of systematic over-simplification.

Litmus test: the book mentioning bitcointalk.org or not....  Shocked Grin
3360  Bitcoin / Press / Re: [2015-04-06] The Daily Bell: 'Tokyo, We Have a Problem.' Bitcoin's Fatal Flaw? on: April 07, 2015, 09:08:07 PM
It is pretty normal to have a system of law providing for protection of parties that acquired rights to an asset before that asset was transferred to an acquiror and, as a deviation, rule out such protection in case of paper money. However, also bearer paper could be excluded from protection, thus not hindering ordinary commerce and the exchange of certain paper promises that require absolute faith in their value to function. I would think all sophisticated law systems provide for this in a certain manner.

Perhaps Bitcoin can qualify as a bearer right (the owner is unknown until the owner identifies himself as 'owner' and the user needs to know for sure that he can access/use his Bitcoins for the system to work). It would make absolute sense to deem Bitcoin included in a definition or bearer paper.
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