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Don't forget, the blimps aren't just blimps, they are basically R&D (research and development) for future blimp tech. Money may be well spent.
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Economics question: How do you continue a large growth rate by buying someone else's debt (aka giving someone else money)?
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I said businesses, not owners. Nobody in the real world gives two shits about business owners, they want to know the credibility of a business. The discussion is about "So you want to start a bitcoin business... it must use WOT!"
There are no successful bitcoin businesses using WOT as a means of establishing trust or credibility.
I don't see anything on MtGox, Aurumexchange, etc... listing anything about WOT.
http://bitcoin-otc.com/viewratingdetail.php?nick=mtgoxGranted that's old, too. Maybe the problem is that it's not easy to use? |
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Strict immigration controls and trade protectionism are never a good thing, regardless of whether in a deflationary or inflationary system. The rest, sure.
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Second, a 70% drop is better than a 100% drop, which if you pick the wrong stock is almost a certainty in this situation. You might pick the right one but then how do you think your chances are if you don't? You plan on starving?
You don't "pick the right stock," you pick a hugely diversified portfolio of both local and international stocks. If your country falls, there's a good chance the others won't. And even with something like the 2008 crash, just keep buying while it's cheap, and wait for the rebound. (If something like 3/4th of professional stock managers who pick stocks still can't outperform the market as a whole, I sure as hell won't bother either, and will just buy the market) But, regardless, I don't think any of the points in the article are in question, are they? If they are, the counterpoints of "No, no, it actually IS all those things the article says it isn't. Take my word for it!" aren't very good counter-arguments. Besides, I'm mostly concerned about bitcoin's fate regarding this. Could it eventually be subject to manipulation and similar issues? |
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We all know what's north korea is like..
The best korea? |
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He could also claim (rightfully) that instawallet is not a long-term wallet storage, and should not be used for such, and declare that any accounts that have not moved coins over the last two years will be considered "lost" and emptied within the next however many months. I would actually totally expect instawallet to do that, since it's in their best interest to keep their hot wallet as small (and thus as small of a target) as possible, and accumulating lost coins only increases their risks, and thus costs.
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Gold is a safety net for the absolutely worst financial situations you could imagine. You might be able to use bitcoin in such a situation but good luck selling stocks during a real economic crisis or personal crisis.
I'm assuming you mean a worse situation than this? Take what happened in Brazil between 1980 and 2000, for example, when — according to the International Monetary Fund — inflation averaged 250% per year. Over this two-decade period, according to the researchers' calculations, gold's price in inflation-adjusted terms dropped 70%. I don't really believe a total collapse is possible. The reason is the world is just waaaay to damn big. If the USA, Canada, Europe, and China collapsed, we still have India, Africa, and all of South America who will gradly buy up their now much cheaper products. But, even if there was a catastrophic world-wide collapse, would anyone even be interested in gold? And would bitcoin fare any better? |
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Also, will there be dolmas and baklava for the guest? And will Jody's chicken be hand so Kano could pet it? Like the proverbial shoe-on-the-head, no images of chicken petting proves the whole operation is a...
The shoe on the head thing is so outdated. It's all about this now ***NSFW***http://polimedia.us/trilema/2013/they-really-are-buttcoins-nao/***NSFW*** |
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Guadalajara is actually a place.
So is Timbuktu. So is Kansas. So is lake Titicaca. Sadly, no titi there, but there's plenty of fish caca. |
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At least thats how it works in stock market. But it doesn look like too many players wanna get rid off their coins. I guess most people with coins go with the flow.
What is reason you are not selling?
I tried, man! I dumped $30,000 worth of coins on the market, and the price is STILL rising! Thanks, got a few at 22.05 and 22.15. Let's see if I'm the stupid? I was selling at $22.40 to $22.50, so you didn't get my coinses. P.S. I was not selling them because I think we're at the top of the bubble or whatever, I was selling them because I need to buy something as soon as possible, and at the $22 mark I can finally afford it. |
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At least thats how it works in stock market. But it doesn look like too many players wanna get rid off their coins. I guess most people with coins go with the flow.
What is reason you are not selling?
I tried, man! I dumped $30,000 worth of coins on the market, and the price is STILL rising! |
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Article here http://online.barrons.com/article/SB50001424052748704372504578289922761002366.html#articleTabs_article%3D0Although I'm a huge fan of Bitcoin, I was never really a fan of gold, and have usually advised people against buying it. Partly because of the shady overpriced pushers, costly storage, and difficulty of selling it later, and mostly due to studies that show that over the very long term, your gold investments will gain you maybe a 3% return. I believe stocks are a much better alternative. This article, however, brings up some problems that I believe may foreshadow some issues we may have with Bitcoin. Despite gold's wide acceptance, it still fluctuates wildly, is a poor currency hedge, and is subject to manipulations. Will Bitcoin fall to the same fate, or will its wider use and acceptance help with that? (Since you can't really trade gold that easily, it mostly sits out of sight in vaults, while you can carry bitcoins on a phone and send and receive them as easily as credit card transactions). Thoughts? |
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We should bum rush Amazon with emails about why they use Amazon Coins, but not bitcoin. I do buy stuff from Amazon, but if they took BTC, they would make it my primary shopping site.
No we shouldn't. The customer base of bitcoin users is still WAAAAAAAY too tiny for them to give a fuck. Plus they'll be in the business of selling AmazonCoins themselves directly. For them to use Bitcoin, they would have to consider how to sell it themselves, and somehow I don't think Amazon has interest in being in the exchange business. My message to Amazon is... You can use BTC or not. I will be using bitcoin regardless of your decision. Their message will be something like, "who the f are you, and why should we care?" I'm not saying it's a bad idea, ever, it's just that we are still nowhere near that point in Bitcoin's acceptance. Hell, we're still waiting for the software to actually be user friendly. Maybe in a year we'll be there. |
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I wonder how hard it would be for a terrorist to hit the blimp with a laser and take out the ordinance?
Hitting it at 10000 feet with a laser? You would need a very big laser to do any damage. Maybe then painting it with a laser and using a guided rocket. It just seems too easy to knock down such a high priced boondoggle. It might also get a good read on who did it. If you have a rocket that can go 10,000 feet and destroy the blimp you can do a lot more damage against other targets then the blimp itself. Nobody is going to shoot at it. What about buying a really high watt microwave, rigging it to work with the door open, wigging a focusing dish around it, and pointing it at the blimp? I think that may at least add a crapton of noise to their radar systems. Do it enough times without any follow-up attacks, in a sense like the boy who cried wolf (or like the boomerang in the movie "How to Steal a Million"), and they may end up thinking it's too much of a pain in the ass to keep going with. On the other hand, North Korea is claiming to have nukes, and I DO live within DC's blast radius... |
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Follow-up news Anarchists and libertarians to deploy high school kids with BB guns.
Also, Joint Land Attack Cruise Missile Defense Elevated Netted Sensor System, or JLENS
They really need to stop that idiocy. It was cool with the acronyms for a while, but now they're not even trying. I mean wtf is a "land attack cruise missile?" |
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We should bum rush Amazon with emails about why they use Amazon Coins, but not bitcoin. I do buy stuff from Amazon, but if they took BTC, they would make it my primary shopping site.
No we shouldn't. The customer base of bitcoin users is still WAAAAAAAY too tiny for them to give a fuck. Plus they'll be in the business of selling AmazonCoins themselves directly. For them to use Bitcoin, they would have to consider how to sell it themselves, and somehow I don't think Amazon has interest in being in the exchange business. |
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So... does this mean that this entire thread is a lesson that "The Internet is a Serious Business?"
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