As wealthy early adopters, they're the ones who pay thousands for new large screen TVs and expensive gadgets already, remember?
This small price premium at the sale beginning is nothing compared to the full R&D costs. Without the mass market a bourgeoisie and "tech elite" have to pay not thousands, but millions or billions USD so very soon these people will notice they are not the rich anymore! |
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Critical bug in Bitcoin client or SHA-256 weakness can bring BTC/USD rate to zero.
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Reduce production to the number of "bourgeoisie and tech elite" and increase prices to compensate, and you'll still make a profit.
Most hi-tech products have huge R&D and initial costs (e.g. lithographic masks for CPUs), so only mass markets allow to set prices on the acceptable level. If we will reduce the production, bourgeoisie and tech elite will be new poor after buying these products!  |
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Not so unbelievable, it only requires 50X more demand...
Or 50X less supply! |
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I would bet that $50K/BTC will be after 2 reward-per-block halvings (~2020 year).
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BitShips will be closed on January 28. Unclaimed balances will be lost if not withdrawn before this date.
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So nobody ever deposited anything with your site?
We had only single deposit worth of few bitmills. |
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The actual empirical evidence doesn't support the wishful thinking that higher unemployment will hurt consumer spending and the economy in general. The bourgeois class doesn't have to fear people not being able to buy their stuff.
It may be true for luxury goods, but what about mass-markets products that must be produced in the quantities many times exceeding number of bourgeoisie and "tech elite" to be bring profit for corporations?! |
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Audio CAPTCHA have been added!
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Send to 1825876582842906459.
Thanks in advance!
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How do you have a planned economy with a democracy and elections? You believe people are capable of making decisions as to what it takes to run each and every business, or even if they only vote to pick one person to run one company, you think they can know the person's qualifications, how well they will fit into the company, and be able to evaluate their ongoing performance?
Even better, you think people will actually take the time to study these things before voting, instead of turning the entire planned economy into a popularity contest?
1. I mean USSR had only single party, so it led to elite's degradation. If we will allow multiparty system with political competition this won't happen (banning only pro-capitalist parties the same way as nationalist/far-right parties banned in Germany now). 2. As I said later, state-wide ERP software can help to measure performance. 3. I think it is reasonable to require passing some qualification exam for the people who want to participate in the voting. People will have a lot of time thanks to automation, so why not to learn! |
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And if they do know how to run them, they will simply become the new bourgeoisie, being all arrogant in thinking they "know how to run things" or that the machines and the business "won't run without them," or even having the audacity to ask for higher pay, just because they think their jobs are "more important" or "more difficult."
This can happen if elite don't have pressure from the population and expect to stay in the power forever. Late USSR is good example. However, planned economy with democracy and elections won't let above problem to happen. |
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$40K. Winklevoss. |
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@Hideyoshi, if you quote other user's post, please copy/paste original text to the quote block!  |
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He means that when you hit one ship, then you get to keep trying to fire without the other person being able to fire back. If you miss after you hit or you destroy the ship then the other player start to fire back.
If you hit opponent's ship you can continue shooting until miss. Its a battleship game rules. Can you show us any proof of people deposting funds to play?
Unfortunately players prefer to play for free vouchers and don't deposit anything. Therefore I have asked so low price (1 BTC ~ $600). This script is worth if you have own service/game and want to attract more people by providing extra features on the site. |
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In the post above I have foreseen that countries may split into .....free market
This is impossible such a thing never existed , doest not exists and will not exists due to nature of the market it-self. I mean laizess faire capitalism which is so actively advocated by libertarians. They won't easily give up and likely to move to the enclaves or even floating cities when socialist pressure will grow. |
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Many U.S. corporations have begun bringing back manufacturing home and this trend will even increase witch cheap energy (shale gas), automation and rising wages in China.
Chinese likely will lag forever in the level of technology and simply clone western inventions as they do it now (it is a specific part of their mentality and is difficult to change). As the result, Chinese economy will be like it was 100 years ago!
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