The economy has been growing since 2010.
The economy has been growing since 2010.these guys used to be one of the biggest bulk carrier companies in the world. not so much anymore:
OMG you sound like the conspiracy idiots at Zero Knowledge. Don't you know [easy credit * car loans] = [economic growth]? As long as credit (which is money) is growing, the economy is growing as well. As soon as the total credit sum deflates, the economy deflates as well. This is in short the 1x1 of capitalism, which is debitism. Less credit (less money) = less economy Moar credit = moar economy https://research.stlouisfed.org/fredgraph.png?width=630&height=378&range=Max&id=TCMDOand as Cypher and iCE elude too that does not benefit the 99% but just those with assess to type of capital you need to fund multinational corporations and there acquisitions so yes the system is growing, no it's not healthy. Capitalism (Debitism) has never been 'healthy'. It is a state bastard, cyclically growing rampant until it implodes. That's never been something for the 99%. That's the difference to an anarchistic life style of the paleolithic self-sufficient communities. The neolithic revolution is the invention of the state mafia (patri archy), the birth of the tragedy. But collectivists (iCEmen, kRUGmen et al.) don't like anarchism. Cypher's mentality represents the mentality of an idealist - while iCE et al. represent the mentality of the aristocrats (1%). |
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The economy has been growing since 2010.
The economy has been growing since 2010.these guys used to be one of the biggest bulk carrier companies in the world. not so much anymore:
OMG you sound like the conspiracy idiots at Zero Knowledge. Don't you know [easy credit * car loans] = [economic growth]? As long as credit (which is money) is growing, the economy is growing as well. As soon as the total credit sum deflates, the economy deflates as well. This is in short the 1x1 of capitalism, which is debitism. Less credit (less money) = less economy Moar credit = moar economy  |
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We are heading into a low price below $100 for Spring 2016, because the $usd is coming so strong due to the contagion in Europe, China, and developing markets.
This prediction will fail. |
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Learn to read a fucking chart and follow Zero Hedge Knowledge for 10 years, then get back to me with your cherry picked Pollyanna projections.
I would follow those conspiracy idiots at Zero Knowledge not for 10 minutes. Do you know the difference between 10 and 17 million vehicles? |
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I don't believe for a second that the global economy is growing since 2010. It may be slowly, painfully 'returning to the mean' of the, say, 2003-2005 era, but definitely not growing. That's just a marketing line that the Oligarchy-run global media likes to spout, in order to get Average Joe/Jane to empty their savings, start buying new cars, new houses, and investing in the fraudulent U.S. Stock Market again, by telling them that "everything is better now, it's safe again!". A debt-based world economy only works if the Average Joes/Janes STAY in debt, pretty much forever.
But there's now a huge problem: It's that Average Joes/Janes, the older ones, and now the new Millennials, all have seen through the bullshit of the last financial crisis, and been paying down/off debt, building savings again, opting OUT of new houses, new cars, the over-valued stock market, cutting subscription services, paying cash for their needs, etc.
This has our traditional Oligarch overlords VERY VERY worried.
China vehicle sales: 2004: 3 Million - 2015: 20 Million US vehicle sales: 2010: 10 Million - 2015: 17 Million   |
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What a comedic tour de force. Do you get your information from Gavin (AKA Bitcon's Chief Economist) or from book-cooking Obamanomics experts like Krugman?
#REKT
Krugman is a collectivist as you are one of them. And my informations about the economic output are indeed not coming from the baltic dry index. This index shows an oversupply of transport capacity, while in reality - for example - the car sales have been growing since 2010. It did so, because the economy has been growing since 2010. Growing is the opposite of shrinking.  q.e.d. |
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The economy has been growing since 2010.
The economy has been growing since 2010.OMG, it keeps getting more hilarious each time you say it. Tell us another one!   (Frap.doc, please replace the battery in your sarcasm detector.  ) Yes, it has been growing since 2010. But calm down, I know that despite the growing economy, There is a crack, a crack in everything That's how the light gets in We asked for signs the signs were sent: the birth betrayed the marriage spent Yeah the widowhood of every government -- signs for all to see. I can't run no more with that lawless crowd while the killers in high places say their prayers out loud. But they've summoned, they've summoned up a thundercloud and they're going to hear from me. https://www.youtube.com/watch?v=_e39UmEnqY8 |
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paging Janet...
down she goes:
[gloom.png]
[doom.png]
Silly Frap.doc, you just need to borrow a pair of rose-colored glasses from Gavin or Zarathustra.
Recessions, crises, depressions appear cyclically. As everybody knows. The economy has been growing since 2010.
See? Keep calm and long AMZN. Keep calm and long AMZN? This is your interpretation of the reality? which is: Recessions, crises, depressions appear cyclically. As everybody knows. The economy has been growing since 2010. |
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Peter's problem, if you call it a problem at all, is that I've only seen one person have the confidence or ability to step up and discuss the math with him. That's pretty damn impressive.
Instead, all we get is a childish scolding by a hand waving armchair logic dev also by the name of Peter.
That's why I think this will not be solved with more debate. More debate won't solve this *in the way you prefer.*But more debate prolongs the stalemate,
- Adaptive limits. Doesn't suffer from the 1MB block limitshttps://moneroeconomy.com/faq/why-monero-matters |
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Gavin in May 2015: "increasing the max block size is urgent"
Gavin in July 2015: "The sky will not fall if the block size stays at 1MB" Urgency begins before the sky is falling. Only limited brains would wait until the sky is falling. I just quoted you Gavin saying "The sky will not fall." How fucking thick are you? He's right. The sky would not fall. |
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How anything can be a mystery to someone of such overwhelming intelligence is the real puzzle here. Sidestepped again, oh woe is me. It's not my job to explain your own view to you. Only you can bring yourself to your senses, you've proved countless times that you won't hear reason from anyone else. The thrust of the Rome Burning metaphor is not the fact that Rome burns, but that you are Nero meddling fiddling whilst it happens. You missed that point though, so eager to to try and deny that there is any risk https://medium.com/@octskyward/crash-landing-f5cc19908e32...and gavin said what now?There is a very good blog post by David Hudson at hashingit.com analyzing what will happen on the network as we approach 100% full blocks. Please visit that link for full details, but basically he points out there is a mismatch between when transactions are created and when blocks are found– and that mismatch means very bad things start to happen on the network as the one megabyte limit is reached. The only mystery here is how you could possibly extrapolate "moral bankruptcy" and well being coming "at the expense of others" from Davout's explicit "everyone gets to benefit" specification. I suspect you are assigning moral solvency exclusively to equality of outcome, like a typical Free Shit Army Marxist. And for the coup de grace, here is what Gavin said last month about your Sky Falling/Rome Burning/Red Zone/QUICK LET'S ALL PANIC-based attempts to ram through ill-considered hard forks using fear and mass hysteria:  Keep in mind this is the same Gavin who declared "increasing the max block size is urgent" back in early May. Gavin must be using some exotic radial definition of "urgent" with which I am not familiar, because despite his FUD nothing bad happened, and as a result of 'meddling by doing nothing' we now enjoy the benefits of better node/pool/mine configurations, smarter wallet software, RBF, fee market incubation, and pressure on SC/LN development. Gavin in May 2015: "increasing the max block size is urgent"
Gavin in July 2015: "The sky will not fall if the block size stays at 1MB"
#REKTUrgency begins before the sky is falling. Only limited brains would wait until the sky is falling. |
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Peter Todd is 'toxic' and a poisonous peep because he asks that people quote him correctly and not invent his arguments for him. LOL. I don't follow reddit much but when I do I inevitably find it even more useless than our little trolltalk here. that anyone would give credence to the mob on there shows the desperation some are experiencing. if you have followed the dev list for the past 2 months you know exactly what Todd was talking about. Same result within the 'mob' in this thread. 28.5% : 71.5% Zero chance for limited blocks/brains ... |
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A runaway victory for the "pseudo science" of Peter_R over Peter T. |
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Just finished Peter R's paper. Really excellent, clear, and much-needed formalization of an important aspect of the debate often mentioned here.
Is that the sound of the tide turning I hear?
Yes. Peter R. definitely turns the tide. And this is the tide-is-turning-sound, my tribute to Peter, as brilliant as himself: https://www.youtube.com/watch?v=sFWCAYPWFbs |
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Debt can be money until it's not (default / no CONfidence). Serious/sound money is only commodity-money. And then there is pure fiat which is another big "irredeemable" con, but not debt. No man's credit is as good as his money.Commodities are not money. Commodities are commodities. Commodities are always valued in debt, which is money. Beyond a debt economy (stateless rain forest communities), gold is not money and has no value. |
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and gold will be at $400
maybe paper gold. You'll never get any gold that you can hold nowhere near that price. In fact if BTC goes todamoon again and PM stay depressed I will stack some more phyzz. still a gold bug? since when can you get a better price at your local bullion dealer than what's priced on comex? more than a gold bug, a paper bear :-D. An interesting thing is that premiums on physical are increasing the more they push comex price down. At this rate soon they will break their toy and they will decouple, possibly (hopefully) forever. And it's interesting especially because they could play the same crooked game with bitcoins. Debt is not paper. Debt is debt (= money), and that has always been the basis of every economy. Whether debt is written on paper or on clay tablets (mesopot) makes no difference: https://en.wikipedia.org/wiki/Debt:_The_First_5000_Years |
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By promoting equality of outcome and denigrating equality of opportunity, you appoint yourself Generalissimo Frappuccino of the Free Shit Army. ...
I have to beg forgiveness for employing the (rather hilarious) term 'generalissimo' in association with the 'Free Shit Army' without looking up the definition. A 'generalissimo' is actually the supreme commander of all forces; not just the 'army' so the word doesn't make sense in this context. So our dear friend cypherdoc would be more accurately described as ' Generalissimo Frappuccino of the Free Shit Nation' since clearly that is how he imagines himself. In reality he's just another pinko as you correctly describe, and a slimy shill for at least one entity and possibly more. You're still a stalker without charisma. That's why you're here and not elsewhere. A primitive anonymous pseudonym abusing his anonymity to harass individuals and their privacy. A low life at its best. |
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On what planet do you live? It is over. For the time being. As always. Recessions, crises, depressions appear cyclically. As everybody knows. The economy has been growing since 2010. |
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You know what really is "lame as hell?" Argumentum ad populum. It's a good thing the legal system does not decide cases by popular sentiment, or else you'd be out ~3000 LeBronCoins. Funny how it only became a real issue when I started wanting bigger blocks. Yes, your hypocrisy became an issue when you begain accepting argumentum ad populum in one instance while in another rejecting it. If you want to decide block size by a vote in the Court Of Reddit, why not do the same for your controversial hoard of coins' fate?  Same in this thread. The 1MB'ers constitute a minority of professional loosers. |
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Halving will not have any effect on price. There will be 3/4 of all coins in rotation already. It will only have effect on difficulty...
I disagree. the next block reward halving in 2016 could be a trigger. the supply of bitcoins dumped in the market would reduce and could trigger an increase in price. Yes. The last halving triggered several doublings in price. |
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