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The "Free Market" belongs in the same category as unicorns and leprechauns, and is similarly useful as a reference point in any purportedly serious discussion.
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20-30 years from now, with automation having rendered entire classes of workers obsolete, with the resultant gains having been gobbled by the same actors who have dominated global commerce these last 80+ years - I think we'll find then what the end game really looks like.
There are no free markets - and never will be. The idea that market forces will prevent revolution is so naïve I have trouble that anyone actually believes it, and yet... here we are.
Either automation frees us from labor, or the labor will tear down the machines. It's as simple as that.
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She also took Social Security and Medicare benefits under her husbands name (Ann O'Connor). Total hypocrite and an embarrassment to libertarians.
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When AnonyMint isn't churning out god-tier code, acing trigonometry tests because the principal likes him, winning Pulitzer prizes for his groundbreaking blogspam or deigning to speak to us, does he spray his Fortress of Solitude with solid gold Casacius coins he spontaneously shit into existence from the sheer inertia of his own magnificence?
But but but, the Amazon Cartel is going to deploy a yottaflop mining core to capture a percentage of txn fees! REFUTED REFUTED REFUTED!
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Give mBTC to friends and family and show them how to use it and where to spend it. Be an evangelist. As big as BTC is these days, most people either haven't heard of it or think its a pyramid scheme - its our job to educate the people in our lives.
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I see comments frequently to the effect of "There are many missing coins, the real price should be higher"
Aren't missing coins, by virtue of not circulating or being exchanged, already priced in?
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 Appropriate for today, train is ROLLING |
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Oh but "Please be reassured that USD deposits and transfers to Mt. Gox will remain unaffected" yeah Im sure  |
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This stinks to high heaven. They are coming for the exchanges...
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Yep, did the 1 penny workaround and now I'm good.. Excellent!
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Gox + 10%, microtrans if desired.
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As the title says.. looking for 2.25 BTC
PM please
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I'm having the exact same issue  Verified Dwolla acct, waiting interminably for Gox, transactions fail on BitInstant with same error as OP. Same issue following steps you provided. |
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If I came off as a Bitcoin basher, then you misunderstood my posts. I'm a firm Bitcoin believer!! I bought in when it was very cheap, so my need to exit isn't based on speculation, but on survivability. I need my funds to start my venture, hence my interest to exit in the 60's if we start playing in that area this week.
Good luck to you.
The only reason you come off as a basher is you keep pasting that hysterical, alarmist, mostly content-free blog post, even when it isn't remotely cogent to the topic at hand. Good luck with your business, sincerely. |
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Perhaps you have not seen my article about what currency should be.
A currency should be shiny, flexible, waterproof, aromatic and tasty.
Bitcoin is none of these. That is why it will fail.
Oh look someone else shilling a blog! Perhaps i haven't seen it? You're right! I don't have a clue who the fuck you are! Once again, OP, congrats on actually contributing to the economy, instead of being a parasite. |
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I know that I've said in the past that I would hold onto my coins, but if it starts playing in the 60's this week, then that tells me that this is a slow bleed-out. Where we stop on the way down is anyone's guess. So if we start playing in the 60's, I think that it will be time for me to gracefully exit.
Good, one less speculator. Here's a thought, how about trying to create something of actual value and trade that good or service for bitcoin directly, without worrying about the last 10 candles on clarkmoody? This is like a goddamn forex forum anymore. Actually I did. I'm working on attempting to create a bed and breakfast type business that accepts Bitcoins. The idea came about after Airbnb.com's refusal to accept Bitcoins. 9flats.com recently began accepting Bitcoins. Because of the wild price swings, a simple brick and mortar start-up like I wanted to get off the ground is extremely difficult. But I won't give up. Excellent, congratulations! If you accept bitcoin as a payment option, how much of your business do you expect to conduct in BTC? certainly not 100%, and certainly you shouldn't be valuing tangible material expenses in BTC either, at least not yet. If your business is viable, eating (or gaining) the price swings on a few of the bookings in BTC shouldn't plow it under either. |
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gold and silver falling. housing bubble bursting. fiscal cliff.
by the end of the year expect everything of value to be at least half of what it is now.
dont like what i'm saying? come at me bros.
The long awaited "singularity" where we get bread lines and armed revolt in 1st world countries continues to be a childish myth, kind of like the city of El Dorado, or Randian Objectivism. Something something inducing successive, repeated stages of anger, fear and panic is a good way to manipulate people something something. |
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