Well, yesterday I bought a pistol. Tonight I am buying a birthday present for my wife.
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Here is your first lesson. No one on Earth knows what the price will be tomorrow. That will not keep people from confidently claiming they do, but they do not. If you are trading based on what a loud voice told you on the internet then you are about to lose your money.
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That did NOT look justified. He did not obey police instructions and I assume the officer thought he was clutching a gun at his waist, but you can't just shoot someone for that.
so should the cop have risked his life and waited another second to see if there was a gun or not? I mean I'm not all for the police being justified in every shooting, but when someone is walking away, then puts their hands into their pockets, cops expect a weapon to come out. Obviously in hindsight he could have taken cover behind a car, then continued making his commands, but he didn't. I'm sympathetic, my Dad was a cop. But, yes, he needs to risk his life and wait. I carry every day and the law is the same for me. I can only shoot if it is reasonable to think that my life is in immediate danger. Just because someone is non-compliant does not rise to this standard. He needs to see a gun or hear a threat to his life from the suspect. Of course it was not an execution of any kind. It was a scared man who shot another man based on his fear. If you or I had done this we would be convicted of murder. There is no exemption for being a cop. You made the right call when you suggested he take cover.
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Well, bitcoin is not an investment. Nor does it claim to be a way to get rich. It is a payment network and nothing more. If we try having an economy based on guessing what the price will be tomorrow then we should expect wild boom and bust cycles. So everything is going as expected. ... If BTC goes to zero, I am still not ruined. ...
Anyone who can not make this statement is in danger of a financial meltdown.
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Someone who wants to sell you something but wishes to remain anonymous is not to be trusted. Sorry this happened. You may have made a mistake, but the other guy is the problem.
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Bitcoin is still just a toy of the 1%. Neither the masses nor any serious government entity will embrace bitcoin given the fact that it is entirely too volatile and untrustworthy. Its just a high-risk investment vehicle for speculators. And the greed element is not going to slow down.
I would like to be proven wrong, but realistically, bitcoin has already been co-opted by the forces of evil.
Money always attracts greed. But unlike fiat money you can compete on a level field with bitcoin. There is no co-opting, you can play the game or not. If some "1%er" beats you then you were beaten fair and square. Fair does not mean someone helps you, it means the rules are the same and those who work hardest win biggest.
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So, your saying that the price has never been higher than the all time high?
Name something that is now trading higher than it's all time high. Gold? Apple stock? Land?
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The only good reason given thus far for mass adoption of btc by a large percentage of consumers was GAMBLING.
Like Drugs, Gambling is a vice and vice products/services often have major problems with traditional banks, so btc is well suited to
Drugs Gambling Porn...
I have never bought drugs with bitcoin. Nor have I gambled or bought porn. Maybe that is what YOU see as "the only reason" to use bitcoin, but there are some grown ups here who use it to buy everyday items.
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PROOF of space aliens:No $#!t, the footprint below was made on the moon by a creature from another world! ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.nasa.gov%2Fimages%2Fcontent%2F62043main_Footprint_on_moon.jpg&t=663&c=5SFFJNKwFB4ZGg) But seriously, there is a problem with the mathematical likelihood assumption. This idea assumes that because space is vast and full of worlds not to different than ours, there is a good chance that other life exists. And just as we predicted that we would find other planets it is predicted that we will eventually find other life. That makes sense, but the problem is that we have only one example of life. If we had even two examples then we could assume that life is common in the universe. One data point tells you almost nothing. Since all living things we are aware of are actually the same one living thing and species are just variations of that first DNA life form, it is possible that life only happened once and this is it.
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That did NOT look justified. He did not obey police instructions and I assume the officer thought he was clutching a gun at his waist, but you can't just shoot someone for that.
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It doesn't matter. They are using daily ledgers to prove they have control over a physical asset which is really no proof at all. ... Amen. I think people who buy into this are crazy. They buy gold and receive promises. WTF?
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Yes, but unlike two years ago most of these coins are now probably being sold off immediately. It seems probable that's what's behind the long downward slide we've seen.
So what? Bitcoin wouldn't work if everybody just would sit on them. Gosh, if I had kept all my Bitcoins I ever mined, I would be millionaire (don't tell my wife! PLEASE!) But I've spent basically all of them. A t-shirt here, a book there, paying some developers - through this, you can populate Bitcoins. Which gives them a value. Lmfao you're an idiot... Do you know what the owner of the store who you bought books from did with the bitcoin??? HE SOLD IT INSTANTLY! What about the t-shirt companies & developers?! SOLD! SOLD! SOLD!! You really think you're helping the bitcoin economy but if you would have just held on, there would be less coins being dumped on the market. You think you're helping bitcoin when you're really helping destroy it. Oh I think he is helping the market. Holding coins does nothing to advance the market. Spending coins moves us forward. Sure hoarding may take those coins out of the market and can cause the price to climb. But it just crashes back down to a logical level. I spend all the time and most coins are likely converted to fiat by the buyer. But without active use of bitcoin it has little value and no reason to be adopted. You don't really think we can just buy and sell coins to each other? There is no rational growth in that strategy. That is why I love a good crash. It get's out the dead wood and the starry eyed "investors". It's sad that they take a bath, but when they are gone we see the real BTC economy.
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I've a Muslim friend that let us know when it's Ramadan time, because it's when he stops to drink beer for a while... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) There are many Muslims that are perfectly OK. Hey wait, that makes him a sinner and a bad Muslim. lol
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I doubt it. Although there are other ways of transmitting transactions and there are ways to build new networks, I think losing the Internet would destroy almost all the utility of bitcoin.
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Normally, whatever the price is on Wednesday.
I buy, I spend, I buy more. I don't really look at the price.
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How did he get the disease? Sharing fluids with a sick person? Something about this doesn't make sense. If you can't get this from someone who isn't showing symptoms, there must be a lot of people sharing body fluids with Ebola patients in Africa.
I think you are exactly right. Often the infection comes from caring for a sick family member. He apparently started showing symptoms 4 days after arriving from Africa (Liberia I think). Four days later he was diagnosed. That means that people who were in contact with him after he was sick but before he was quarantined will need to be isolated and tested. In Africa many people don't trust hospitals or doctors and prefer to go to traditional healers. They have nothing to offer people and when they go home, they get sicker and infect more people. In the west I doubt this would happen. if anything we put too much faith in medicine and what it can do. Just to point out how culturally different it is in Africa, I heard a radio song to help prevent the spread of Ebola. Since new cases are transmitted from eating bush meat, the refrain goes: "Ebola; If you find a dead monkey don't eat it, Ebola." Now if you have to tell people not to eat a dead monkey they find... You have a real disease problem.
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Na, Ebola is not contagious enough to overwhelm the health care system here, like it did in Africa. It's bad for the guy who is infected though.
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No one knows man. Your asking a question that will get lots of answers, but no one knows.
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Let's not go crazy and become Falllling's alter ego. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) EDIT: Dammit, your right. I wish I had held off one more day on my $500 purchase. Yesterday. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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I think it is my favorite category at Netflix.
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