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461  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 24, 2014, 03:47:42 PM
Anarchism has never existed in Western Culture because Christianity.


Because religion in it self was the only way to govern people, sadly the old ages and nowadays are not that different, people still rely so much on religion and this is one of the biggest problems we face today.
462  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 24, 2014, 03:45:04 PM
]

No mate. They don't have to convince consumers. That's the point. They'll never know their money is being sent using the bitcoin network just like people don't know anything about http works when they're surfing the web now. To the consumer, the infrastructure and methodology they use will be the same as it is now. There's no leap of faith they have to make.

https://stripe.com/blog/bitcoin-the-stripe-perspective

mmm, that sounds like ripple more or less.
463  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 24, 2014, 03:43:48 PM
this is why states and borders exist, and some kind of enforced regulation has to exist so people can live with each other.
Here's the problem - you're confusing yourself for humanity. That's called projection.
Maybe you need enforced regulations in order to get along with other people. If so, that's a personal problem you should discuss with a competent psychotherapist.
Yea, I have/had major issues getting along with people who have different visions and different life style that I didn't/don't agree with. thanks to the regulations that exists in my home country (Algeria) and here in EU I could still live with them, in other words I lived the CHAOS first hand between 1991-2000, so try to live in a system where having an Islamic orthodox fucking you up and slaughtering everyone against his vision then tell me how to get people to agree on something in a free of regulations state/world where you have many demographics, because you don't know shit about that, I lived it first hand.
Some of you have no fucking idea what freedom means, freedom is necessary but total freedom is CHAOS, regulations are meant for a reason... take Syria for example, watch how a lack of a government worked for these people.... take Iraq for another example, a total CHAOS, a government that cant do shit about losing territory to a terrorist organization that calls it self a state...
I would love to watch how your technological distributed libertarian state will work...

Minimal state would do for example.
http://en.wikipedia.org/wiki/Minarchism

their only legitimate function is the protection of individuals from aggression, theft, breach of contract, and fraud, and that the only legitimate governmental institutions are the military, police, and courts. In the broadest sense, it also includes fire departments, prisons, the executive, and legislatures as legitimate government functions. Such states are generally called night-watchman states.

USA used to be a minimal state.

you start with that and you end up with what we have today, because then you keep adding, for example education, health care.... the systems that we have today didnt just appear in one night, they are the outcome of development of centuries.

Yes, I also agree about changing some corrupt governments and improving things, but I don't think a free libertarian state is any kind of a help, in fact I think it will just make things worst.
464  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 24, 2014, 03:31:54 PM
this is why states and borders exist, and some kind of enforced regulation has to exist so people can live with each other.
Here's the problem - you're confusing yourself for humanity. That's called projection.

Maybe you need enforced regulations in order to get along with other people. If so, that's a personal problem you should discuss with a competent psychotherapist.

Yea, I have/had major issues getting along with people who have different visions and different life style that I didn't/don't agree with. thanks to the regulations that exists in my home country (Algeria) and here in EU I could still live with them, in other words I lived the CHAOS first hand between 1991-2000, so try to live in a system where having an Islamic orthodox fucking you up and slaughtering everyone against his vision then tell me how to get people to agree on something in a free of regulations state/world where you have many demographics, because you don't know shit about that, I lived it first hand.

Some of you have no fucking idea what freedom means, freedom is necessary but total freedom is CHAOS, regulations are meant for a reason... take Syria for example, watch how a lack of a government is working out for these people.... take Iraq for another example, a total CHAOS, they are losing territory to a terrorist organization that calls it self a state... because of the almost lack of government.


I would love to watch how your technological distributed libertarian state will work...
465  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 24, 2014, 02:29:33 PM


Order is an illusion.
If you believe that banking system backed by centralized-obese-governments bring stability to the world you're a clown.


The clown is the one who mixes two different issues, an obese governments is not the same as a missing one.... I am not endorsing these kinds of governments, but I believe in other ways of change.
466  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 24, 2014, 02:25:21 PM
Laws, regulations, and a mechanism to enforce both are "the fruits of civilized society."
Voluntary free association creates civilization and all it's benefits.

Those benefits are so great that civilization can survive (for a short time) even under the predation of institutionalized violence.

In the end, however, the parasite always grows until it destroys the host civilization.


Yea, except this will take us back to the wild west ages where everyone fucks everyone and where most of the opportunities are for the elites while the majority slave or barely survive in an unfair community, which leads people to rise against the CHAOS and enforce governments and laws and constitutions... you know the same circle all over again.

Libertarians usually talk about their ideas of a communities without considering history of failed experiences.... you cant give too much freedom when most of the opinions varies, you have to enforce some boundaries,  how would a libertarian free of government community even agree on priorities and necessities when the human nature is to fight and differ on stupid matters.... we see that kind conflicts all around the world.

I used to think like you when I believed in crystal balls. Then I grew a pair. Brave New Worlds have been emerging from fiction into reality. There's no reason why a more libertarian world cannot emerge through complex systems. The reason they have never existed is because society wasn't ready for it. It still won't be exactly how Ayn Rand pictured it or even motivated the same way. There is a seed of merit in her claims, but it will take enormous resource management efficiency technology to make it work.

OK, the difference of empires through history is related to the culture and demographic of that population, try the same model of an empire with the same philosophy but on different demographic and you will simply fail... the problem of libertarians is that you compare the whole population/humanity to one ideal, that if pushed certain ideas upon in a certain way it will work, but at the end of the day you ignore the fact that  people differ, from the way they think, to their traditions, to their culture, to their color, to their.... this is why states and borders exist, and some kind of enforced regulation has to exist so people can live with each other.



467  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 24, 2014, 02:03:51 PM
Laws, regulations, and a mechanism to enforce both are "the fruits of civilized society."
Voluntary free association creates civilization and all it's benefits.

Those benefits are so great that civilization can survive (for a short time) even under the predation of institutionalized violence.

In the end, however, the parasite always grows until it destroys the host civilization.


Yea, except this will take us back to the wild west ages where everyone fucks everyone and where most of the opportunities are for the elites while the majority slave or barely survive in an unfair community, which leads people to rise against the CHAOS and enforce governments and laws and constitutions... you know the same circle all over again.

Libertarians usually talk about their ideas of a communities without considering history of failed experiences.... you cant give too much freedom when most of the opinions varies, you have to enforce some boundaries,  how would a libertarian free of government community even agree on priorities and necessities when the human nature is to fight and differ on stupid matters.... we see that kind conflicts all around the world.




468  Economy / Speculation / Re: If someone buys Bitcoin today, they'll be lucky to see a 300%+ ROI. on: October 24, 2014, 12:43:57 PM
So? Your advice is? Do not get in the bitcoin biz?

his advice was "you are late to the party sir, don't get over excited"
469  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 24, 2014, 12:04:00 PM


Care to explain because those lines means nothing in TA terms...the only thing I can tell you is that the very long term chart, the 3 years one(1W candles) is looking very bearish, it indeed looks like a bubble that is bursting..


Most of you wont admit it, but another bubble highly unlikely wont happen, and if the downtrend continue based on the stage of a bubble by Jean-Paul Rodrigue double digits are a very good possible event that we can't really ignore.

http://www.investopedia.com/terms/d/descendingtriangle.asp

mmm, I wasn't aware of that one, thanks for sharing.... beside, it seems that we are talking about the same point, I do apologize for my ignorance.
470  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 24, 2014, 12:01:08 PM


Care to explain because those lines means nothing in TA terms...the only thing I can tell you is that the very long term chart, the 3 years one(1W candles) is looking very bearish, it indeed looks like a bubble that is bursting..


Most of you wont admit it, but another bubble highly unlikely wont happen, and if the downtrend continue based on the stage of a bubble by Jean-Paul Rodrigue double digits are a very good possible event that we can't really ignore.

... mmmbitdoom for breakfast with your coffee


 four "phases of a bubble". While the "smart money" has purchased during the earlier "stealth phase", institutional investors begin to buy during "take off". Following media coverage, the general public begins to invest leading to steep rise in prices as "enthusiasm" and then "greed" kick in. "Delusion" precedes the peak.
471  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 24, 2014, 11:54:34 AM


Care to explain because those lines means nothing in TA terms...the only thing I can tell you is that the very long term chart, the 3 years one(1W candles) is looking very bearish, it indeed looks like a bubble that is bursting..


Most of you wont admit it, but another bubble highly unlikely wont happen, and if the downtrend continue based on the stage of a bubble by Jean-Paul Rodrigue double digits are a very good possible event that we can't really ignore.
472  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 23, 2014, 11:46:14 PM
I bet at least one of our beloved exchanges is running on fractional reserve and flood the market with virtual coins. Not even the dumbest noob traders can be that dumb, seriously wtf.


the one with 20 mil in USD swaps?

14,000 more bitcoin were market sold than market bought so far today on Bitfinex alone. Where do all this coins come from?

more than 13 fucking million BTC in existence ? didn't you think about this ? if you don't know how to use your Bitcoin daemon, Bitstamp makes it easy for you




1000 or 5000 or even 30000 are not huge compared to 13 million BTC
473  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 23, 2014, 10:15:50 PM
You call this a drop ? nah.... I think what is coming is more fun, just wait for it.
- 6-8% in a day?
 
i call it a crash, not a drop.

Really ? you call this a crash ? man you are going to have a really bad time.
474  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 23, 2014, 10:10:59 PM
You call this a drop ? nah.... I think what is coming is more fun, just wait for it.
475  Other / Off-topic / Re: Post your Total time logged into Bitcointalk on: October 23, 2014, 07:59:37 PM
WOW, what are the odds, I've just looked it up and it is exactly 87 days....



wtf.. how do you do that.

leave the computer on for 87 days?

I've been around for along time, and I am an IT engineer, so I am working on my computer most of my time, so I get to visit the forum all the time.
476  Other / Off-topic / Re: Post your Total time logged into Bitcointalk on: October 23, 2014, 05:41:36 PM
WOW, what are the odds, I've just looked it up and it is exactly 87 days....

477  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 23, 2014, 12:29:40 PM
Bfx, u crazy?

Price on Bitfinex is lower than BTC-e  Shocked

BTC-e is losing volume and dying slowly, not that much going on there anyway.
478  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 23, 2014, 12:27:35 PM
...bought at 300, sold out original stake at 399...

Every bull here bought @300 & sold at 400.  ...while always being "all in."
Your expertly timed paycheck cleared just as that 300 sell wall popped up.
gg Smiley

It is documented on this very thread that I bought in at 301 or thereabouts with a big tranche of cash. It is well documented on this forum I am a bull and long term holder.

Your motivations are more shadowy Smiley

Screen shot of the history of your account or GTFO it didn't happen.
479  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 23, 2014, 11:16:35 AM
well this whole slip sliding away till the next panic dump every couple weeks is getting quite old imho Sad

just saying


but things will be better when KNC attains its long term goal of 20% of the mining network with their data hall projects

right? (ducks hey don't throw stuff in shout box)



you keep talking about KNC, the funny thing is that no one really cares about them here, some of us here don't even know what is KNC or what are their products.

Searing is worried that if they are mining 20% of the network, they are dumping around 700 BTC a day at whatever price they can get, constantly driving the price down.

Worried about that 700BTC a day ? how about the other 13 million BTC waiting aside, the owners could change their minds and panic any day.
480  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 23, 2014, 10:45:57 AM
well this whole slip sliding away till the next panic dump every couple weeks is getting quite old imho Sad

just saying


but things will be better when KNC attains its long term goal of 20% of the mining network with their data hall projects

right? (ducks hey don't throw stuff in shout box)



you keep talking about KNC, the funny thing is that no one really cares about them here, some of us here don't even know what is KNC or what are their products.
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