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4321  Economy / Speculation / Re: An Open Message to all Bitcoin Investors on: December 19, 2013, 03:45:31 AM
whoa and i thought i was a true believer. apparently i have been out classed. if the price dropped to one dollar lets just say i would be... phased.
4322  Other / Politics & Society / Re: Reddit’s science forum banned climate deniers. on: December 19, 2013, 02:46:14 AM
Just to clarify, do you guys think that humans have no effect on our global climate?

that would be a ridiculous thing to think.
4323  Other / Beginners & Help / Re: Anyone else bought high? Worried? Still holding strong? (I bought in at $1080) on: December 19, 2013, 12:56:37 AM
most of us veterins just think to ourselves "meh" when we see the price crash. we have seen it before over and over again. but for a newbie to be hodling strong is pretty impressive i must say.
4324  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 19, 2013, 12:52:32 AM
Ok so basically the more NXT you have the better your chance of winning the right to author the next block right? Its sort of like a lottery and every unit of currency is a ticket, or an entry into that lottery. do i have that right?
4325  Other / Politics & Society / Re: Reddit’s science forum banned climate deniers. on: December 19, 2013, 12:43:36 AM
They could be put to work studying the dietary habits of polar bears close up.  I think to really understand the dietary habits, it would be about right to get 6-36" inches away from them immediately before they start feeding.

No need, it turns out the polar bear population is at record levels Grin Grin Grin
4326  Other / Politics & Society / Re: Reddit’s science forum banned climate deniers. on: December 19, 2013, 12:29:38 AM

rofl and how long do you think their grants would continue if they didn't claim that the sky was falling? they would all be out on their asses out of work in about 5 minutes if they came to the opposite conclusion of what that diagram shows.

I've got an idea, lets create a group of people who's job it is to figure out methods of increasing the population of arctic foxes and then lets ask them for an unbiased opinion on whether or not the population of arctic foxes ought to be higher than it is now.

no wait i have a better one, lets ask an asprin manufacturer whether he feels that the the supposed health risks surrounding aspirin use are or are not founded.

"Yea well sorry boss it turns out that there is absolutely no risk associated with climate change, now can i please have an increase in funding for my climate research"

 Roll Eyes
4327  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Trading Thread for Nxt :: Descendant of Bitcoin on: December 18, 2013, 11:32:04 PM
pm me if you are selling
4328  Economy / Speculation / Re: Is China fucking with us so they can get cheap coins? on: December 18, 2013, 08:31:32 PM
I think its very possible that all this news out of china is just so the Chinese government can scoop up all the coins for cheap and then just by changing there minds drive the price back up to the moon.

Think about it, all they have to do is turn around and say, "we made a mistake, bitcoin is great, you can all do business in it"

Man, what a scam!



Yes! the worlds second largest economy, made this announcement so then can steal the bread crumbs from your pocket. Because a country with 8.2 trillion in GDP and 1.3 trillion in held US debt needs to lower the prices of bitcoins in order to be able to buy some.

I'm not saying the price of bitcoins wont go back up, I'm saying that statements like this smell of panic.

see this is exactly what im talking about. any individual politician doesn't have direct access to the balance sheet of the state. they dont own the states balance sheet to the same extent that you and i own the funds on our banks balance sheet. even in the states an extremely competent politician may accumulate 100million dollars by the end of his career. this is pennies compared to the total tax revenues.

China may have a balance sheet of how ever many trillions of dollars but the individual politicians cant just go out and spend that on a yaht for themselves. What politicians do is throw around the weight of the states balance sheet in exchange for kickbacks. They may grant some corporation a billion dollars worth of benefits for a 1 million dollar kickback. Or they may use the leverage of the central bank to pump and dump the bitcoin market while getting their own PERSONAL finances in and out at the tops and bottoms.
4329  Economy / Speculation / Re: Is China fucking with us so they can get cheap coins? on: December 18, 2013, 06:43:22 PM
I think its very possible that all this news out of china is just so the Chinese government can scoop up all the coins for cheap and then just by changing there minds drive the price back up to the moon.

Think about it, all they have to do is turn around and say, "we made a mistake, bitcoin is great, you can all do business in it"

Man, what a scam!



i think this is very possible if not down right likely. though i don't think its the government acting as any sort of collective whole for the good of the institution as a whole. As in the profits are probably not going to wind up on the states balance sheet. This is individual actors with political leverage leaning on the levers of the state for personal gain.
4330  Economy / Service Discussion / Re: BTCC and Chinese exchanges haven't reference value now on: December 18, 2013, 06:52:22 AM
what if you go to the front desk of the building that houses the exchange and slap a wad of physical cash down infront of the receptionist?
4331  Other / Politics & Society / Re: Zeitgeist movement on: December 18, 2013, 05:32:42 AM
The Zeitgeist economics are odd, they try to imply that they can completely eliminate subjective value, which is clearly a nonsense. As stated further up, the analysis stages earlier on in the series are better than the economic solutions, but even there, it's mostly a patchwork of other people's research.

If I can credit the series with any longevity value, it's that watching it "woke me up" (in a way that catching Alex Jones never would have). I found myself, like many others, not 100% accepting what Zeitgeist says, but it catalysed me into researching the issues myself. And I ended up picking up bitcoin along the way, so it did it's "wake up" job pretty well. Still agree with many parts; the John Perkins section, 9/11, emergent nature of reality/knowledge, origins of religion (although I'd already heard that stuff before zeitgeist anyway, and there's a whole lot more to it that's a pretty important part of that picture, Zeitgeist lazily stuck to the Jordan Maxwell view exclusively).

But communism (or whatever you choose to call it) is not the answer. It would be, if we had infinite resources (or as good as infinite). There really would be no need for money under those circumstances.

bitcoin is peoples new god

carlton writes that beautiful and insightful response for you and this is your reply? its becoming clear to me why you have the position that you have.

He called the zeitgeist movement communism...

Than make that argument, explain why he is wrong. Don't insult his effort with a response like "bitcoin is peoples new god"


Sorry that anyone feels offended when I say that profit driven socio economical driven systems are no longer needed

I don't feel offended. I do how ever feel like you are failing the turing test. This will be the last time I check in on this thread. Good day.
4332  Other / Politics & Society / Re: Zeitgeist movement on: December 18, 2013, 03:34:47 AM
The Zeitgeist economics are odd, they try to imply that they can completely eliminate subjective value, which is clearly a nonsense. As stated further up, the analysis stages earlier on in the series are better than the economic solutions, but even there, it's mostly a patchwork of other people's research.

If I can credit the series with any longevity value, it's that watching it "woke me up" (in a way that catching Alex Jones never would have). I found myself, like many others, not 100% accepting what Zeitgeist says, but it catalysed me into researching the issues myself. And I ended up picking up bitcoin along the way, so it did it's "wake up" job pretty well. Still agree with many parts; the John Perkins section, 9/11, emergent nature of reality/knowledge, origins of religion (although I'd already heard that stuff before zeitgeist anyway, and there's a whole lot more to it that's a pretty important part of that picture, Zeitgeist lazily stuck to the Jordan Maxwell view exclusively).

But communism (or whatever you choose to call it) is not the answer. It would be, if we had infinite resources (or as good as infinite). There really would be no need for money under those circumstances.

bitcoin is peoples new god

carlton writes that beautiful and insightful response for you and this is your reply? its becoming clear to me why you have the position that you have.

He called the zeitgeist movement communism...

Than make that argument, explain why he is wrong. Don't insult his effort with a response like "bitcoin is peoples new god"
4333  Other / Politics & Society / Re: Zeitgeist movement on: December 18, 2013, 01:55:47 AM
The Zeitgeist economics are odd, they try to imply that they can completely eliminate subjective value, which is clearly a nonsense. As stated further up, the analysis stages earlier on in the series are better than the economic solutions, but even there, it's mostly a patchwork of other people's research.

If I can credit the series with any longevity value, it's that watching it "woke me up" (in a way that catching Alex Jones never would have). I found myself, like many others, not 100% accepting what Zeitgeist says, but it catalysed me into researching the issues myself. And I ended up picking up bitcoin along the way, so it did it's "wake up" job pretty well. Still agree with many parts; the John Perkins section, 9/11, emergent nature of reality/knowledge, origins of religion (although I'd already heard that stuff before zeitgeist anyway, and there's a whole lot more to it that's a pretty important part of that picture, Zeitgeist lazily stuck to the Jordan Maxwell view exclusively).

But communism (or whatever you choose to call it) is not the answer. It would be, if we had infinite resources (or as good as infinite). There really would be no need for money under those circumstances.

bitcoin is peoples new god

carlton writes that beautiful and insightful response for you and this is your reply? its becoming clear to me why you have the position that you have.
4334  Other / Politics & Society / Re: Zeitgeist movement on: December 17, 2013, 11:04:44 PM
I don't expect much agreement from a bitcoin forum
Who cares about agreement? Valid arguments are what matter.

I agree with this valid argument.
too bad I don't care Grin
4335  Other / Politics & Society / Re: Zeitgeist movement on: December 17, 2013, 10:19:02 PM
I don't expect much agreement from a bitcoin forum
Who cares about agreement? Valid arguments are what matter.
4336  Other / Politics & Society / Re: Zeitgeist movement on: December 17, 2013, 08:42:20 PM
They do a decent job articulating many of the problems that face our society today though i don't think they offer particularly realistic solutions.

The main problem with their proposed solutions is they fail to account for the importance of price in rationally allocating scarce resources. This is an easy mistake to make. To most people price is just what walmart decides to charge and it seems almost arbitrary at times, but its so so so much more than that.

Price is what allows billions of autonomous individuals making decentralized decisions to coordinate in such a way as to allow for multi stage production processes with out any one of the individuals ever comprehending more than their own specific role in the process. The owner of the company that rents chain saws is not renting chainsaws with the intention of aiding in the production of a house on 123 doe run. The fact that the house is built out of the plans that were made out of a pencil that was made out of the wood that came from the tree that chopped down by his chainsaw is purely incidental to him. He simply looks at the price of chainsaws and the price of renting a chainsaw and calculates whether he thinks he can make a profit, but he none the less unwittingly assists in the building of that house by doing so. That is how price organizes the chatotic and decentralized knowledge of billions of individuals into such a beautiful order. There is no substitute for this. The central planner can not rationally allocate resources in the same way that price does because he has no means by which to capture the decentralized knowledge of billions of individuals. This is what adam smith referred to as the invisible hand.

RBE proponents propose to use surveys and computer algorithms to emulate the function of price in a market economy but it simply can not work. Surveys without price provide no mechanism by which to account for opportunity costs. suppose i asked you, would you rather have an airplane or a new pair of shoes. Which would you be more likely to chose? Suppose i asked a slightly different question, you which you would rather buy an airplane or a new pair of shoes. The answer may still be an airplane but think about how much more realistic of an option the shoes have become. This is precisely because the difference in prices between these two options has communicated and even more important internalized the opportunity costs of cosing the the former over the latter.

http://www.youtube.com/watch?v=IYO3tOqDISE
http://en.wikipedia.org/wiki/Economic_calculation_problem
http://mises.org/pdf/econcalc.pdf
4337  Economy / Currency exchange / Re: Thinking about selling my 2.8 btc.... on: December 17, 2013, 05:24:36 PM
I can pay with silver bullion if you live in the US.
4338  Economy / Goods / Re: [WTS] Silver Bullion, Cheapest Prices, Large Selection, Escrow OK! on: December 17, 2013, 05:04:02 PM
I would still like to trade if you do?

I really wanted an "ANACS MS-65+ 2011 1BTC w/ elusive "Casascius" series I hologram" except i dont have any interest in paying extra for the error. Still with that being said I may be interested in some low premium coins. Can you do a 2013 1btc coin for 1.15 btc worth of silver?
4339  Other / Politics & Society / Re: How long would it take for Anarchy to start working? on: December 17, 2013, 04:30:20 PM
Quote
Apple would not exist without contract law.  It would not have phones to sell without contract law.   Neither would any other company as they a legal creations based on state support.

This is COMPLETELY irrelevant for the point that I'm trying to make. Now please, answer the question.

Actually it is relevant.  You are trying to frame an argument and you want to use a state created entity called a company that has a state created value called Intellectual Property in its brand and then transfer the benefits of that to a non-state situation where there can't be companies and where there can't be brands.

So, take the word "Apple" out and we are in business.  If the question you ask is whether a fictional person would walk away from contracts if it decided it was more profitable to rip off customers than to provided the contracted service and if there was no way to enforce contracts.

Answer: yes.  Some guys would do that.  

Ok so its really unfortunate that you are forcing this debate down from the level of government vs anarchy into whether contracts can be enforced by means other than law and now down EVEN further into epistemology and the fundamental characteristics of logical abstraction and how they apply to the art of argumentation. But I'm willing to go where the debate takes me. So im going to try to make this as mechanical as possible with the shortest leaps possible in each step but i need you to work with me. I cant have you debating arguments that i havnt made yet. Once i say something fallacious then point that out but please dont bother telling me about some mistake that im going to make in the future but havnt made yet. Unless you have supernatural abilities, in which case we should talk about that instead.

I dont know what you mean by "some guys would do that" the contract is that if Allice sends Apple X amount of dollars, than apple promises to send allice an iphone. what does "some guys" have to do with this?
4340  Economy / Goods / Re: [WTS] Silver Bullion, Cheapest Prices, Large Selection, Escrow OK! on: December 17, 2013, 02:28:21 AM
bump
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