A problem greece cant fix it based on production.
They have no export/import things from their own country. Meanwhile china, we all love almost everything we have here in the U.S is "Made in China" so it creates millionaires for them.
Greece is nothing but a tourist attraction, unless they understand their own mechanics to the problem.
Well, if they don't export anything, then Bitcoin theoretically would be precisely the type of currency the Greek people should want to adopt. It goes up in value over the long run as well their purchasing power. Just sit back and consume. Bitcoin still doesn't save them. They could buy up the bitcoins with whatever euros they have on hand, but then they'll still need to spend their bitcoins. If they are trying to spend more than they earn - no matter what currency is involved - eventually they'll run out of money. I think you're missing the bigger picture. The first country that introduces an honest currency should prosper. People who may have never found it worthwhile to work or strive in the past will for the first time have an incentive to participate in a real economy not distorted by corrupt monetary policy. Individuals will prosper, but countries will not. It's not possible for a nation-state to survive in the presence of honest money. Yes! But in a stateless environment the people are prospering because they are not forced of doing business. You аrе forced to do business for the purpose of generating surplus, which is demanded by the state mafia (tribute/tax). In an environment beyond the state - in the rainforest - the communities are producing the same amount as 10'000 years ago. Zero increase. Zero surplus. Zero business. |
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I think the reward halving should have a positive inpact on the BTC price but it really depends on what happens in the mean time.
Anoher exchange may get hacked or crash, anything could happen so even if we do see a 200% price increse just after the halving this may be a increse from base price of anything from a few dollard a coin to $2000 a coin
The halving of 2012 led to an increase of 10'000% within 1 year. |
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as the post title say share your thoughts with us, what will bitcoin price after next rewards halving
last time after rewards halving bitcoin price pump higher, what you expect for next halving
Many threads about this, the price wil price this in before the halving. No. It won't be priced in in the same way as the last halving wasn't. |
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"Gold collapsing. Bitcoin UP"
I LOL everytime.
Collapsing in waves.  |
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I freely admit that I am more of a Keynsian than not. Central planning and manipulation can provide longer stretches of better performance for more people.
Here in Switzerland we have less central planning but 'longer stretches of better performance for more people'. 'less' is just as much a centrally planned decision as anything, and often the best one. Particularly if one positions themselves to exploit a vacuum created by the rest of the world. Some Caribbean nations do the same thing I believe. But when the vacuum vanishes... No, less is not just as much, and Switzerland is not in the same position as 'some caribbean nations'. Switzerland is a high tech export machine with a huge current account surplus. I'd say Switzerland achieve 'longer stretches of better performance for more people' mainly by being weaselly, exploitative, and conniving on the international stage (aka, neutral.) Sweden even worse by being pathetic lick-spittle whenever it's handy. I'm glad my relatives several generations ago hauled ass out of both of those places even if it has resulted in some periodic hardships for their descendants. Exploiting the planet and the creature. That's Civilization (patriarchy) from the very beginning (10'000 years ago). At least in Switzerland we (the people) are able to reverse any decision of the state terrorists (politicians). This is not as good as anarchy, but better than the feudalism in the rest of the civilized world. |
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I freely admit that I am more of a Keynsian than not. Central planning and manipulation can provide longer stretches of better performance for more people.
Here in Switzerland we have less central planning but 'longer stretches of better performance for more people'. 'less' is just as much a centrally planned decision as anything, and often the best one. Particularly if one positions themselves to exploit a vacuum created by the rest of the world. Some Caribbean nations do the same thing I believe. But when the vacuum vanishes... No, less is not just as much, and Switzerland is not in the same position as 'some caribbean nations'. Switzerland is a high tech export machine with a huge current account surplus. |
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I freely admit that I am more of a Keynsian than not. Central planning and manipulation can provide longer stretches of better performance for more people.
Here in Switzerland we have less central planning but 'longer stretches of better performance for more people'. |
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The question I suppose is how much communism is too much? 15%, 30%, clearly 100% is fatal, and anything more than 50% is probably also terminally toxic. How much cancer is terminal? Are just a few couple metastatic cells ok? Yes, this is the right question. Government/state (organised violence) is per se growing rampant. This is the difference between the society (collectivism) vs. the community (anarchy/autarchy). |
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For the first time since 1870s.
All hail China!
China is the greatest government orchestrated bubble ever. |
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it's not just ridiculous, it's dangerous.
yeah. it just goes to show you how far down the totalitarian rabbit hole these guys have gone. really scary shit. This is a war. The so called economy has never been something different than a war, because its root and ground is Organized Violence (state and church). It is the society. Beyond the society of the citizens (which per se is war and collectivism) you'll find the real human, the absence of the society: the community (autarchy, anarchy, self-sufficiency = the absence of the economy). „We are literally in a race between our ability to build and deploy technology, and their ability to build and deploy laws and treaties. Neither side is likely to back down or wise up until it has definitively lost the race.“ John Gilmore |
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So the guy want to back Bitcoin with gold and he thinks Satoshi's views of economics was limited... What a moron.
Yes, crazy, but at least they smell the potential of the blockchain. |
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Is Bitcoin the Future? by John Mauldin of Mauldin Economics While I think that Bitcoin as currently configured has limitations, the technology of the blockchain is one of the most potentially revolutionary developments of the last century. I think we evolve to Bitcoin 2.0 or 3.0, using the same blockchain technology, but with a way to make the new currency a truly stable medium of information that can be easily exchanged for goods and services.
Why not create a currency that is backed by a number of commodities, with gold perhaps as the backbone? Why even limit ourselves to commodities? Bitcoin as currently configured could be part of the basket. Anything that can be represented in a digital form and has a reasonably stable long-term value could be considered.
(..)
The Bitcoin blockchain technology allows for the most secure electronic transactions ever devised. Its adoption and acceptance seem inevitable to me. It will be used to validate everything we purchase: stocks, homes, investments, airplane tickets, etc. It will be a far cheaper and much more secure way to validate your ownership of anything, from your home to your stocks.
The blockchain will form the basis for the perfect medium of information exchange (at least as perfect as we humans can create), which in turn will be the basis for whatever electronic medium of financial exchange we evolve in the future. The market (that would be you and me) will move to whatever new medium serves our purposes best.
Satoshi, as technologically brilliant as he (or she or they) was, was limited in his understanding of economic exchange. He was trying to create electronic gold. To some degree, he was confusing technology with money. He was trying to overcome the flaws of our current monetary system (a very laudable goal, I might add) but limited himself to thinking within the box in which the current monetary system placed him.
The next generation of Bitcoin developers are going to crawl out of that box and create whole new realms of possibilities. Once you realize that money is just information, and all you need to do is to provide the most stable mechanism of the transfer of information, you turn thinking about money on its head.http://www.advisorperspectives.com/commentaries/mauldin_120114.php |
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Cypherdoc I'm curious what your thoughts are on Counterparty, if you have any at all...
+1! Cypherdoc, Peter R. and the other cracks in this thread: what is your opinion? |
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The root to sustainability is the stateless community, which is anarchy, autarchy and selfsufficiency beyond an economy. An economy has never ever been something different than a "state bastard" (Paul C. Martin). State, money and debt (= organised violence) is the root of the collectivist rise-and-fall- society (communism, feudalism, capitalism, idiotism). http://www.miprox.de/Wirtschaft_allgemein/Martin-Symp.pdfIn stateless community there is violence too. Not before the invention of patri archy - 10'000 years ago. Matrilineal anarchy has been destroyed and was followed by patri archy (=organized violence): http://gerhardbott.de/das-buch/summary-in-english.html |
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If you've ever thought Bitcoin was in a bubble, you should look at the population explosion, we're at a point were there are more people alive than have ever died in the history of humanity. ...
Panic! The sky is falling! Run for the hills! (But don't forget to give the 'sustainability' scammers everything they ask for so they might save us from the impending crisis.) http://overpopulationisamyth.com/The greatest anthropocentric and religious bullshit ever. That is as if the gorilla (or the lion) would explain to the other species, that it doesnt matter if they populate the planet by a million or 10 billion individuals (with an equivalent of 50 energy slaves on top of each one = 500 billion). http://voices.nationalgeographic.com/2012/03/28/the-sixth-great-extinction-a-silent-extermination/ |
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If you've ever thought Bitcoin was in a bubble, you should look at the population explosion, we're at a point were there are more people alive than have ever died in the history of humanity. ...
Panic! The sky is falling! Run for the hills! (But don't forget to give the 'sustainability' scammers everything they ask for so they might save us from the impending crisis.) http://overpopulationisamyth.com/The root to sustainability is hard money, (and redefining personal property) centrally controlled sustainability is as sustainable as the FED. But the science is good we know the problem environments just haven't figured out who's responsible, hint it's not the EPA, or how to control it. (Yip over population is a central control idea) The root to sustainability is the stateless community, which is anarchy, autarchy and selfsufficiency beyond an economy. An economy has never ever been something different than a "state bastard" (Paul C. Martin). State, money and debt (= organised violence) is the root of the collectivist rise-and-fall- society (communism, feudalism, capitalism, idiotism). http://www.miprox.de/Wirtschaft_allgemein/Martin-Symp.pdf |
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Anything is possible with bitcoin give the past history. I am hearing lots of chatters around the forum that it might spike in the next month to reach 1000.
No. Only one thing is possible. This truth is valid both for the past and for the future. There is only one past and one future. |
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If "historical 3" is hypothetically in the future then the term is counter intuitive. Historical typically refers to the past, not the future.
The "historical count" in EW is the highest level count that encompasses all of the history. Does "all of the history" include the future? No, but the count predicts what the future holds. I don't know if it is right or not. No one does. But if we did just complete "historical 2" than "historical 3" next.  question is, have we enter historical 3. Historical Elliott-Wave 1 was 1163; Wave 2 completed below 300 and Wave 3 will end above 1163. |
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Forks are the definition of evolution. Every species goes extinct. All of them. We are not the same species as our predecessors ...
Indeed ...  |
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