Bitcoin Forum
July 14, 2024, 04:12:36 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 [293] 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 »
5841  Other / Politics & Society / Re: I hate socialism but..... shouldn't a nations resources be nationalized? on: March 07, 2013, 10:29:32 PM
I completely agree with that. One of our local politician leader is trying to promote the nationalization of our resources since, like he said: "What nobody has made should be owned by everybody."

And controlled by a privileged few.
5842  Other / Politics & Society / Re: I hate socialism but..... shouldn't a nations resources be nationalized? on: March 07, 2013, 10:05:06 PM
Isn't SOP that the raw resources are the property of the state but they lease the rights to exploit (often for next to nothing admittedly).
5843  Economy / Speculation / Re: So, are we going up or down? on: March 07, 2013, 07:44:03 PM


I don't trade on Mt.Gox directly, so if everyone wants to move that's fine by me!

Nor I. I wasn't proposing abandoning mtgox either, just that there appears to be an opportunity for someone to take advantage of.
5844  Economy / Speculation / Re: So, are we going up or down? on: March 07, 2013, 07:28:54 PM
If Mt. Gox can keep it's shit together, up.  It seems people stop buying when the lag hits, but people get scared about not knowing what's happening and sell to be on the safe side.  I blame Gox for bringing us below $45 again.

Time for another exchange, maybe? Nothing wrong with a bit of competition and it means less chance of a single point of failure.

You may well be right. I know if I started losing control of my funds, I would be looking to get them out ASAP.
5845  Economy / Speculation / Re: in defense of technical analysis on: March 07, 2013, 07:23:56 PM
This thread is pretty pathetic. If this is really the sum total of what this forum has to offer in defense of technical analysis then it really paints it in a much worse light than I originally thought.

I'm sure it has its uses. The problem is, people tend to think "Look, something we can measure and fit a curve to, let's apply it to everything". You need to know what you're using, why it is what it is and if, why and how it applies to Y when it was derived from X.

If you want an example from a hard science outside the field, look at the black body radiation curve. Classical physics produced models that didn't match reality. Einstein came along and resolved the conflict by inventing the quantization of electromagnetic radiation. Just because something works in one scenario, doesn't mean it'll work in another.

Planck*

Planck assumed that the energy of the oscillators in the cavity was quantized, Einstein took it to the quantization of electromagnetic radiation. I did unfairly leave out Planck though so good observation.
5846  Economy / Speculation / Re: in defense of technical analysis on: March 07, 2013, 07:06:40 PM
This thread is pretty pathetic. If this is really the sum total of what this forum has to offer in defense of technical analysis then it really paints it in a much worse light than I originally thought.

I'm sure it has its uses. The problem is, people tend to think "Look, something we can measure and fit a curve to, let's apply it to everything". You need to know what you're using, why it is what it is and if, why and how it applies to Y when it was derived from X.

If you want an example from a hard science outside the field, look at the black body radiation curve. Classical physics produced models that didn't match reality. Einstein came along and resolved the conflict by inventing the quantization of electromagnetic radiation. Just because something works in one scenario, doesn't mean it'll work in another.
5847  Economy / Speculation / Re: So, are we going up or down? on: March 07, 2013, 06:24:10 PM
Stuck between 40-45 for the past 10 hours

I want to heard the voodoo from people... what's the next move? UP or DOWN?

Yes.

What a committed answer!!!

Jeez, man... OK...

Definitely yes!
5848  Economy / Scam Accusations / Re: Butterflylabs Huge SCAM on: March 07, 2013, 06:23:08 PM
The less people mining, the more money I make.

You should double your order. Then you could mine twice as many bitcoins with the equipment you don't have.
5849  Economy / Economics / Re: Can a Keynesian "demand crisis" happen? on: March 07, 2013, 06:20:23 PM

So the misallocation of resources and its consequences does not affect you just because you dont use dollars?

For example, for those people who bought a house, the house price should fall sharply due to over supply, but now FED is supporing mortgage market with monthly buy, so actually many people have benefited from this resource misallocation

In other words, for those people who have a house but no desire to move, no benefit (other than on paper) is accrued. Meanwhile, those who want to buy a house and would otherwise be able to afford it, are screwed.
5850  Bitcoin / Mining speculation / Re: here's just how screwed ASIC buyers are - READ THIS if you have a preorder on: March 07, 2013, 06:17:44 PM


dude nice  waster of bableber there

bfl has 75k chips in preorder with is like 700th  with avalon prime etc its 1000th  payd for already

aka ul be making  2 cois a day with a minirig

i think thats somes up ur monolouge

Wow, who gimbled your mimsy?
5851  Economy / Speculation / Re: in defense of technical analysis on: March 07, 2013, 04:37:49 PM


http://en.wikipedia.org/wiki/James_Harris_Simons is pretty rich.... from advanced quantitative trading techniques.

Maybe, maybe not...
 http://en.wikipedia.org/wiki/Survivorship_bias
5852  Economy / Speculation / Re: So, are we going up or down? on: March 07, 2013, 04:27:43 PM
Stuck between 40-45 for the past 10 hours

I want to heard the voodoo from people... what's the next move? UP or DOWN?

Yes.
5853  Economy / Speculation / Re: Bitcoin on a tightrope on: March 07, 2013, 04:27:10 PM

EDIT: If you look at height of the bitcoin volume during the crash , it has been getting smaller and smaller. One reason for that it less people now are holding large amount of bitcoins than before and bitcoins are getting distributed to more hands that don't get scared quite easily.

It doesn't take a scare even. Even if you're fairly bullish on bitcoin, if you hold a lot of them, it's possibly not a bad idea to sell some while the price is fairly good.
5854  Economy / Economics / Re: RE: "The Price Of Bitcoins Is Bananas" (businessinsider.com) on: March 07, 2013, 04:23:10 PM
You can buy a lot of bananas for one BTC.

If bananas are $0.19 each at Trader Joes, that means you can feed 217.37 monkeys for one BTC.
It's amazing to think how far we've come.
There was a time when all 10,000 BTC could get you was a single pizza... Now that much BTC could feed over TWO MILLION MONKEYS!


Now we just need to work out how to get monkeys to make pizza! And leave the poop out.
5855  Economy / Speculation / Re: first sell signal at this 14 to 49 bull market on: March 07, 2013, 05:48:27 AM
I hear a voice, it's coming from the other side. It's Susan, her name's Susan. You have a sister called Susan, or you know someone called Susan. Or your sister does. And she died recently, or she was very poorly, this Susan. Or Sarah. She says Bitcoin's crashing all the way to 5. Or maybe it's 35. The ether is subject to strange perturbations. Do you know a Simon maybe?
5856  Other / Politics & Society / Re: Rand Paul (KY) Fillibuster for Freedom on: March 07, 2013, 05:44:18 AM
While I can understand politics, I find it disturbing that we are being conditioned to care more for civilians in our own country than that of others.

I am of course talking about using drone strikes on people in other countries in the first place.

You're not wrong. On the other hand, charity begins at home (or, in this case, respect for the rule of law).
5857  Other / Politics & Society / Re: Gun freedom advocates - what weapons shouldn't be legally available? on: March 07, 2013, 05:42:44 AM
What do you mean by "area denial weapons?' What about automated turrets that give a warning before "denying" entry?

I think he mostly means mines. Which I think are definitely a thought-worthy subject. On the one hand, a useful military tool, on the other hand, the civilian aftermath is simply unacceptable (though our modern predilection for pretending that civilians are not part of the conflict is somewhat naive and, given what's going on in the middle east, something most of us seem to prefer to be in denial about).
5858  Economy / Speculation / Re: JESUS are we going to hit $50 today? on: March 06, 2013, 09:47:04 PM

Get your fiat ready... time to reload again ... price is 44.40 and falling Smiley

Standing by...
5859  Economy / Speculation / Re: JESUS are we going to hit $50 today? on: March 06, 2013, 08:43:32 PM
5860  Economy / Speculation / Re: first sell signal at this 14 to 49 bull market on: March 06, 2013, 08:33:46 PM
Reverse the polarity of the neutron flow!
Pages: « 1 ... 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 [293] 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!