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4481  Bitcoin / Press / Re: [2014-12-21] The Conversation: 2014 was a bad for BTC, 2015 not likely better on: December 21, 2014, 05:54:07 PM
Quote
If Apple and the banks face problems getting Apple Pay accepted, the challenge ahead for Bitcoin is many times more daunting. Simply being a clever or novel technology is not going to be enough. If 2014 was a tough year for Bitcoin, it doesn’t seem likely that 2015 will be any better.
^That's his thesis right here after going through the bad news from 2014, so not really any concrete projections of 2015 not being much better. It's easy for these writers to look at a picture of something in total hindsight and then make speculation for what's to lie ahead. The amount of intestinal fortitude that many have developed over the last year is something that will stick with them for the rest of their lives. Wink
4482  Bitcoin / Press / Re: [2014-12-19] Charlie Shrem Sentenced: Former Bitcoin Entrepreneur Gets Two Years on: December 20, 2014, 06:36:05 PM
Assuming he still has a stash or two, he'll be set up real nice after this 2 year stint. Not supporting the sentence but trying to look on the bright side.
4483  Other / Politics & Society / Re: CNN national poll: Rand Paul 13%, Bush 13%, Ryan 12%, Huckabee 10%, Christie 9% on: December 20, 2014, 06:28:02 PM
Rand Paul Is More Right About Cuba Than Marco Rubio
Quote
The Republican response to President Barack Obama's historic opening toward Cuba this week has generally been awful and dispiriting to behold. Sen. John McCain (R-Ariz.), for example, was the politician most single-handedly responsible for the United States re-establishing diplomatic relations with still-communist Vietnam two decades ago, saying at the time:

"Instead of vainly trying to isolate Vietnam, the United States should test the proposition that greater exposure to Americans will render Vietnam more susceptible to the influence of our values. Vietnam's human rights record needs substantial improvement. We should make good use of better relations with the Vietnamese to help advance in that country a decent respect for the rights of man."

What does McMaverick say now, with his co-conspirator Sen. Lindsey Graham (R-S.C.)?

"It is about the appeasement of autocratic dictators, thugs, and adversaries, diminishing America's influence in the world."

The gap in both the writing and sentiment in those two passages speaks volumes about how far GOP foreign-policy thinking has degenerated over time. (It also speaks to McCain's own 100% malleability on key issues—back in 2000 he said "I'm not in favor of sticking my finger in the eye of Fidel Castro. In fact, I would favor a road map towards normalization of relations such as we presented to the Vietnamese and led to a normalization of relations between our two countries.")

Two senatorial exceptions to that rule have been Jeff Flake (R-Ariz.), who has long advocated lifting the U.S. embargo, telling Reason TV in 2011 that "If someone's going to limit my travel, it should be a communist, not my own government”; and also Rand Paul (R-Ky.), who came out in qualified support of Obama's actions yesterday.
...
But Rubio and the GOP are wrong, and wildly so, about a number of their Obama-Cuba critiques. This move was not "appeasement"; increased American travel and remittances do not "only" serve "to benefit the regime," and this does not mark a retreat from fighting for the freedom of Cubans.
...
But how, precisely, is this appeasement? The U.S. got one of its longtime intelligence operatives, plus an innocent-seeming human rights activist, out of Cuban prisons in exchange for three genuinely awful Cuban spies whose work was linked to the death of Americans. Now, that two-for-three swap is certainly unequal, and may indeed (as Rubio worries) incentivize bad actors to take innocent Americans hostage in the future, but as Israel for one can certainly testify, sometimes countries that genuinely value their own citizens' lives accept numerically and morally disproportionate prisoner exchanges. Frustrating, yes, but not definitionally appeasement. Should Reagan have left Nick Daniloff rot in Soviet prison just because he, too, was most likely a hostage?
...
Rubio, to my knowledge, has never visited Cuba outside of the U.S.-controlled Guantanamo Bay facility. My 1998 experience of attempting to live in Havana convinced me beyond a shadow of a doubt that three of the most important and attainable things Cubans need, both for their basic human dignity and for their struggle against their totalitarian overlords, are 1) exposure to Americans; 2) increased access to non-governmental sources of money, and 3) increased access to information. Obama's moves help on all three fronts.
...
Once upon a time, "appeasement" meant ceding the Sudetenland to an expansionist Adolf Hitler without even allowing Czechs a seat at the negotiating table. Now it somehow means a two-for-three prisoner swap, a slight easing on unconscionable restrictions against Americans, promises of 53 political prisoners being freed, the same diplomatic engagement the U.S. has had with Venezuela since 1835, and a net increase in individual Cuban latitude? Republicans not named Paul or Flake (or Amash) may want to start rethinking their hyperbole. Sadly, there's little reason to believe that they will.
...

More...http://reason.com/blog/2014/12/19/rand-paul-is-more-right-about-cuba-than
4484  Economy / Speculation / Re: What your expectations for bitcoin ? on: December 19, 2014, 07:35:31 PM
How about stable.
around $700-$800 maybe.


If it will stabalize.. it will not be at $700-800 more like $60-80.
LOL, gotta love these ridiculous claims coming at such a desperate time. It's really sad that lots of newcomers are getting spooked by bears and will be on the wrong side of the pricing when they wakeup at some point and the train has left the track and they weren't prepared. No guts no glory, unfortunately.
4485  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 19, 2014, 07:31:29 PM
In other news, Ripple seems to be doing really well today. Grin Glad I dumped my shares just in time before the avalanche. It wasn't a whole lot but I know better than to play around w/ alts with anything more than pocket change.
4486  Economy / Speculation / Re: What would you do with 35 bitcoins? on: December 19, 2014, 07:20:50 PM
Unless you need cash right now for staying afloat, I'd say just hold and stack.
4487  Other / Politics & Society / Re: CNN national poll: Rand Paul 13%, Bush 13%, Ryan 12%, Huckabee 10%, Christie 9% on: December 19, 2014, 06:19:26 PM
Rand Paul says Marco Rubio is acting like an isolationist re: Cuba

Quote
Senator Marco Rubio believes the embargo against Cuba has been ineffective, yet he wants to continue perpetuating failed policies. After 50 years of conflict, why not try a new approach? The United States trades and engages with other communist nations, such as China and Vietnam. Why not Cuba? I am a proponent of peace through commerce, and I believe engaging Cuba can lead to positive change.

Seems to me, Senator Rubio is acting like an isolationist who wants to retreat to our borders and perhaps build a moat. I reject this isolationism. Finally, let's be clear that Senator Rubio does not speak for the majority of Cuban-Americans. A recent poll demonstrates that a large majority of Cuban-Americans actually support normalizing relations between our countries.

https://www.facebook.com/RandPaul/posts/10152695734571107

Nice to see Rand flipping the I word back onto the neocons, they really hate it when their meat and potatoes argument against a more restrained foreign policy is attached to their foreheads like a scarlet letter. Wink
4488  Other / Politics & Society / Re: Cuba US relations on: December 19, 2014, 06:17:08 PM
Sounds like a super-majority of cuban americans support this buy perhaps not the way it was done behind the scenes. Naturally, there'll be major business opposition to certain Cuban products making their way into the US but too bad for them. Imo, this is a good thing but it's a phony distraction to get people riled up about pretty much nothing one way or the other when there's lots of imminent economic and spending issues that need to be fixed.
4489  Other / Politics & Society / Re: Thought of a Bush or Clinton being president again makes me want to throw-up on: December 19, 2014, 06:13:26 PM
The real battle will be within the GOP primary and that's why everyone should rally around Rand Paul. Even if you're a super-duper anarchist and plan on voting LP in the general because Rand's words aren't pure enough despite having a voting record to back it up, it's all about mounting the largest opposition to Bush. As it is, there'll be conservative filler candidates in there by design to steal support away from Rand allowing the establishment type-Bush to rise up. If the general is between Bush and Clinton, it's either the usual LP voting or going awol.
4490  Economy / Speculation / Re: [Original] Let me tell you why bitcoin drops and why it will turn around on: December 19, 2014, 04:16:53 AM
Insightful is insightful, although I agree that far too many noobs have tried to grab the reigns around here having not seen the ups and downs enough. That said, considering all the new trolls that spawn everyday it's nice to have a balancing of opinions because the tried and true spartans can't moderate and control the sentiment around here all the time.
4491  Other / Politics & Society / Re: WTF are the politicians doing ? on: December 19, 2014, 02:44:07 AM
Not to mention, this alleged power is meaningless considering the amount of military hardware in local police's hands and all the hollow points that homeland security has when you compare all that to the small amount of actual militia types that would have the mindset to engage such a large occupying force. These politicians stacked up their legions to protect them from us in the end.

Please enlighten me, where is the instruction manual for shooting a paradigm shift?
The picture and caption depicted that the guy that is selling people BS is imperil simply if the people realized they had more so-called power than they thought they did. That power could either be an organic grassroots campaign to unseat this politician and multiplied on a larger scale to affect the country/state/locality as a whole or the aggression route which I was hypothesizing about. There's so many low info voters and news viewers or lack thereof that this power of information utilization to exert change can easily be steered in one pre-determined direction or another. Hence, the recent election of republicans to leadership roles in the Congress yet the first thing the establishment overlords do from the right is ram through a god awful $trillion+ bill that funds pretty much everything they were elected to dismantle. So many people believed they were doing the right thing by voting republican and while overall it was a good thing, the den of leadership is still ran and defended by the establishment republicans. Meaning, even the good conservatives and libertarians that were elected are pretty much on the sidelines especially when the establishment of both parties collude with each other against the minority in each. Not saying we aren't trending toward more anti-establishment folks getting elected but the corporate machine that funds the establishment politicians who are the protectors of the banking, media and MIC syndicate, have shown how tough it is to overpower them. They swept every US Senate primary this last election despite deep and committed grassroots fights in many states. So, this is one large example that a paradigm shift of sorts was in play but the low info republicans were fooled and the corporate candidates won the day. I injected neither anarchism nor socialism here but merely was thinking out loud about the sand that the average person has and how corralled they can truly be despite thinking or proffering that they aren't. I wish it could be true and perhaps Bitcoin will help that happen.
4492  Other / Politics & Society / Re: WTF are the politicians doing ? on: December 19, 2014, 02:11:40 AM

And, the average person will just go along to get along and that's how we got where we are today. Very few would consider using violence to make right what should be right. Furthermore, the govt-media complex does a great job at turning off the boob americans to anyone else that is trying to do anything to help the situation. Not to mention, this alleged power is meaningless considering the amount of military hardware in local police's hands and all the hollow points that homeland security has when you compare all that to the small amount of actual militia types that would have the mindset to engage such a large occupying force. These politicians stacked up their legions to protect them from us in the end.
4493  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: December 19, 2014, 12:26:42 AM
Indeed, patience is definitely a virtue.  For now, we're neither wealthy nor elite nor wealthy elite nor gentleman.

Pretty sure this is where we stand:



Considering the party goers, I'll take the one on the far right. Cigarettes and beer sounds fun afterall. I'd have to break out some clear liquor to even deal with the rest of the crowd. That said, patience is a virtue and only those with brass cajones or the like can hold during a wave of simpletons calling for the end of bitcoin in every other post during a despair/desperation period.
4494  Economy / Speculation / Re: Bitscam pyramid total failure, bitcoin collapse! Dropping without deadcat bounce on: December 19, 2014, 12:16:12 AM
this could have posted after the $30 bubble, or the $250 bubble, and now after the $1100 bubble, the curves look like that every time

Nope, nope, nope! All of those were created by Mark Karpeles with his bot army Smiley (read the willyreport) Enjoy ur dead asset.
Regardless, the settling bottom of mid to high 200s wouldn't even be sustainable or achievable w/o all the advancements that have taken place in the ecosystem over the years. I'd even say that currently the growth isn't necessarily reflected in the price right now but will as time moves forward. Bitcoin is just starting to unleash that which is has the potential to do.
4495  Other / Politics & Society / Re: CNN national poll: Rand Paul 13%, Bush 13%, Ryan 12%, Huckabee 10%, Christie 9% on: December 18, 2014, 07:09:02 PM
Merry Christmas from Rand and Kelley Paul
https://www.youtube.com/watch?v=k9h5QyPBtNQ
4496  Other / Politics & Society / Re: CNN national poll: Rand Paul 13%, Bush 13%, Ryan 12%, Huckabee 10%, Christie 9% on: December 18, 2014, 07:06:05 PM
Rand Paul Breaks With Rubio and Bush Over Cuba

Quote
Kentucky Sen. Rand Paul is the latest potential presidential candidate to weigh in on policy changes to Cuba and the libertarian leaning Republican's position splits from other Republicans who are also considering a presidential run.
Paul told Tom Roten of News Talk 800 in West Virginia that the 50-year embargo "just hasn't worked" and normalizing relations with the island nation is "probably a good idea."



"If the goal is regime change, it sure doesn't seem to be working and probably it punishes the people more than the regime because the regime can blame the embargo for hardship," he said.
Potential challengers, Jeb Bush and Sen. Marco Rubio, both of Florida, denounced President Barack Obama's decision to open diplomatic and economic ties with Cuba. Sen. Ted Cruz of Texas also slammed the deal.
Bush called it a "misstep" that "undermines America's credibility and undermines the quest for a free and democratic Cuba."
And Rubio, the son of Cuban immigrants, vowed to use his role as incoming chairman of a Foreign Relations subcommittee to block progress on policy.
"The White House has conceded everything," Rubio said, calling the policy "disgraceful."
Paul, who has often bumps heads with members of his party over foreign policy, expressed a similar position to another potential presidential candidate, Hillary Clinton.
"Despite good intentions, our decades-long policy of isolation has only strengthened the Castro regime's grip on power," Clinton said in a statement. "As I have said, the best way to bring change to Cuba is to expose its people to the values, information, and material comforts of the outside world."

http://www.nbcnews.com/politics/elections/rand-paul-breaks-rubio-bush-over-cuba-n270986

Audio link to interview on 800 WVHU...http://www.800wvhu.com/onair/the-tom-roten-morning-show-675/listen-tom-roten-talks-to-rand-13079928/
4497  Bitcoin / Press / Re: [2004-12-18] CNBC: Russians move into bitcoin as ruble tanks on: December 18, 2014, 06:50:28 PM
You would think the price of bitcoins would shoot up following events like this.
But unfortunately, the converse seems to be happening.

Well, with titles stating that Bitcoin was a worse investment than the ruble in 2014, for example, it may be a case of speculators dumping Bitcoin to cut losses. One thing's for sure at the moment: there are more sellers than buyers.

https://www.cryptocoinsnews.com/bitcoin-panic-selling-today
There's lots of people sitting on loads of fiat right now waiting on the sidelines and waiting for the bears to take their final dumps before moving in for the kill and setting the bull market into motion.
4498  Bitcoin / Press / Re: [2014-12-17] CNBC: Russians move into bitcoin as ruble tanks on: December 18, 2014, 06:48:02 PM
Russians move into bitcoin as ruble tanks

Transaction volumes between the ruble and digital currency bitcoin enjoyed their biggest day of the year on Tuesday as the Russian central bank failed to halt the ruble's tumble.

http://www.cnbc.com/id/102275772

In spite of all the uncertainty in the fiat markets, bitcoin's price seems to be going down and down.
This wasn't the case when there was uncertainty in Cyprus last year.
My guess is there's plenty more steam to come out of Russia into Bitcoin as time goes by, this is just a drop in the bucket.
4499  Bitcoin / Press / Re: [2014-12-18] Cayman Islands is to kick-start 100+ Bitcoin companies in 2015 on: December 18, 2014, 06:44:53 PM
More proof that all is alive and well in the BTC community. The price will start to catch up again this year.
4500  Bitcoin / Press / Re: [2014-12-18] CD: Lawsky Outlines Revisions to New York's BitLicense in DC Speech on: December 18, 2014, 06:40:58 PM
This is setting the stage for a safe, more secure and prosperous Bitcoin community which is welcoming to all in this 2015 year of the BTC.
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