It is not good work at all, it is elaborate trolling dressed up analysis. Stolfi always uses a small set of deviously well-chosen assumptions to ensure he gets the negative results he is looking for.
Monetary benefits can not be analysed simply by considering a payments network. The broader society-wide, intangible, economic benefits from good, sound money are manifest and difficult to quantify. What we do know is that rampant money printing, like from central bank fiat money, can be devastatingly destructive to whole nations, especially poor people and those not well-connected to government troughs, like university professors.
Ask Stofli to analyse the downsides experienced by multiple devaluations of the Brazilian money? Especially for the victims of those fiat money scams perpetrated by the governments he champions at every turn. He is an unashamed cheerleader for the financial destruction and poverty bought about by all the worst economic theories entrapping hundreds of millions. He is an enemy of freedom of the most devious, disgusting kind.
This is just drivel. You havent given us any figures, or cited any examples to disprove him. You just use vague language, The broader society-wide, intangible, economic benefits from good, sound money are manifest and difficult to quantify. What?  Jorge talks specifics, you are just waffling with banal generalities. Ask Stofli to analyse the downsides experienced by multiple devaluations of the Brazilian money? Especially for the victims of those fiat money scams perpetrated by the governments he champions at every turn. He is an unashamed cheerleader for the financial destruction and poverty bought about by all the worst economic theories entrapping hundreds of millions. He is an enemy of freedom of the most devious, disgusting kind. Irrelevant twaddle. Stick to the subject at hand - bitcoin. You are starting to sound hysterical. |
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I am pretty much the only one who read this PoS, or I'm surrounded by douches.
Its always better to be arguing with one smart guy than to find yourself agreeing with 10 fools. |
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You bunch of dicks
I asked for something a bit less than a 66 page analysis and you throw a 318 page book back at me
FFFFFFFFFF UUUUUUUUUUUUU
Stick to the CCMF gifs, dude. Don't suckerpunch me just because you can't build a valid argument. If you can't explain it then you haven't understood it. Will this do? https://youtu.be/25N-4zrk390Nope, I'm on my friggin android phone again. In a setting where I would be an idiot to open one of your links. My bad, it was a dead link alright, but i fixed it now. OK! |
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You bunch of dicks
I asked for something a bit less than a 66 page analysis and you throw a 318 page book back at me
FFFFFFFFFF UUUUUUUUUUUUU
Stick to the CCMF gifs, dude. Don't suckerpunch me just because you can't build a valid argument. If you can't explain it then you haven't understood it. Will this do? https://www.youtube.com/watch?v=dS12p0Zqlt0 |
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You bunch of dicks
I asked for something a bit less than a 66 page analysis and you throw a 318 page book back at me
FFFFFFFFFF UUUUUUUUUUUUU
Stick to the CCMF gifs, dude. |
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It's nice to see them differentiate between bitcoins and Bitcoin, between the vehicle of speculation and the transfer network. GS's investment in Bitcoin is a clear endorsement of the value of the network and as the value of Bitcoin increases, the price of bitcoins will surely follow, albeit much more slowly. Short-term, this news won't make much difference to the price. Long-term it's very bullish. I sort of disagree a bit. I think it will matter in the short term. I think this is a green light for many financial actors. I also think speculators are going to start pricing this event into the price of XBT fairly immediately. And even though their investment isn't purely a buy in into the bitcoin currency I think this talk about "investing in the network", as if it is completely independent of the currency, is just a way of deflecting criticism. GS are dipping their toes into the currency. The transactions will happen on the Bitcoin network with XBT units. This is BIG. This is not another "the blockchain-technology is fascinating but the currency is shit" kind of statement like we've seen in the past. Goldman Sachs has boarded the train. CHOO CHOO MOTHERFUCKERS!!!No, its as the old guy from Canada said. Goldman Whacks have made the distinction between the technology that is bitcoin, and the blowhards who say we are going to the moon.  |
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I dont like shorting per se, but you would be crazy not to at 243 on a Sunday afternoon. "My assumption is bitcoin has at least one more bubble in it even if it fails as an alternative private currency." Private currency, huh? That says it all. You are right, it does say it all.That is an 'ironic' signature, quoting Inca, one of the leading bulls on this thread PS Love your avatar.. Is that a change bug?  |
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we have just passed 1500 yaun @ okcoin , and volume is not bad also
macd 3 days 1 day shows green, we are about to go..
Music to my ears. Suck ass shorters I dont like shorting per se, but you would be crazy not to at 243 on a Sunday afternoon. In fact. I think I will. |
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I wasn't thinking of the impact of trading those coins, but of the bad press, and possibly bad actions by the SA government.
I'll break my rule not to quote people on my ignore list, because I see this too often. I don't think the SA (Saudi Arabia) government will take any actions. I suspect you confused SA for ZA. Not that the ZA government will take any actions, but still. Most stupid, anal post I've seen on this thread, and that's saying something. |
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A quote from that thread I've never heard of this kipi thing. This bs is giving bitcoin a bad name. No shit sherlock. But only for the umpteenth time. |
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I am curious how much Bitcoin will be worth in say like, a year from now.
Just like all of you.
Any substantiated speculation on that around?
If its substantiated, its hardly speculation now, is it? Just climb aboard, close your eyes and enjoy the ride..... |
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You have to think big (zoom out), we are in between 0 and 1.
You missed years 2009 - 2013 ? |
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I think bitcoin be more like.....  We are very much in the hangover stage. |
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Anybody with half a brain will HODL until we get into the thousands (USD).
Yup. thats about the mental capacity required for blind hodling. |
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AFAIK, this is likely in 3 hours. Could be epic or just fizzle out. But I have set a timer to alert me  I just had a 235.07 sell order filled, from a 214.xx buy barely a week ago. Im happy. Congratulation to your 5$ profit!! I am really happy for you It was a bit more than that, 7.8% after fees I believe. |
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AFAIK, this is likely in 3 hours. Could be epic or just fizzle out. But I have set a timer to alert me I just had a 235.07 sell order filled, from a 214.xx buy barely a week ago. Im happy. |
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Some bear must have lost the recipe. This crash is funny lookin.
Dude, you coming to the fonziecoin meet up in Oslo Friday night? You, Tarmi and NLC? idk, I might not make it Aw, come on. If the night dont end with us all in the back of a passat with solid plastc seats and 'politi' written down the side, it wont have been a good night.... |
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Waiting for priceaction was never easier (more predictable).
You would think, but then something like the btc-e shenanigans throws it. |
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Can't help if you can't understand them.
A teacher that can't help you understand something? You must be really good at your job. I think he works in a university. Its safe to say he deals with students with a different level of capability than yourself. |
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Fidor have had the same issues with UK banks as mentioned above - they cant get a partner to handle payments. UK banking is closed shop. Unless they have reached an agreement in the last few days? EDIT: Reading the tweet, it would seem they have. I wonder who sponsored them in the end? |
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