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1241  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2020, 10:08:09 PM
Not yet. Will have to go to the bank to turn it into cash for the bitcoin machine down the street.....

Hm. Wonder if this will constitute my buying bitcoin, since I did nothing to earn this money and barely consider it mine. It's really more like a shitcoin airdrop that I'm converting into BTC....
1242  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2020, 09:41:47 PM

As a lot of Trumptards ignorant fools in the good ole USA take these clowns' words as the gospel, small wonder we are where we are today.


I shouldn't have watched that... these people... I have no words

The same mentality as bcashers; living in fantasy land
No. They live in a land where reality is a thing to be cheated, and that someone else is responsible for keeping things going for them.

That's the key to understanding these "people".
1243  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2020, 01:15:11 PM
I mean, what do you even call an era that is way bigger than The Great Depression? The Really Great Depression? The Yuuge depression? The Fucking Massive Depression? I just don't know, I can't think right now, I'm ... depressed.
The Trumpsession

Enjoy!
1244  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2020, 12:56:24 PM
Honest thought: There is something wrong with me.

I'm now watching the US death count for coronovirus and saying the same things I do when watching the bitcoin price.

"Stuck at 7152 all night, comeon: DO SOMETHING".

This is bad.
1245  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2020, 12:27:02 AM
I'll take the one on the left thank you.
1246  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 03, 2020, 04:24:24 PM
  • We need to be manufacturing much more of our pharmaceuticals (including the vital precursor chemicals) here.  In US plants (Europe as well).  It is awful that we have to put up with Chicom threats to cutting us off our pharma.  I understand that many pharma companies strongly resist this (higher costs, they are not ready, etc.).  Well TS.  We should have started this process a long time ago.
  • Similarly we need to start mining Rare Earth metals here in North America (Europe has some deposits as well).  These are vital to new technologies and for alternative energy (inc. electric cars).  We have to break down the barriers to opening rare earth mines, and to build the processing plants to turn the minerals into useful products (magnets, etc.).
  • And we need to produce more electronic components here in North America and Europe.  Trump has already suggested to Tim Cook that Apple building more plants here in the USA would be a good idea.  We are very dependent on China in components as well.
Sure. Won't happen without government intervention or *lack* of government intervention. The key truth about capitalism is that it's a race to the bottom to produce items and a race to top to price items. If one company makes widgets in the us for $1.00 and someone else can make it for $.1 in Crapistan, then people will buy from Crapistan, especially if the other true costs (risks, shipping, etc) can be hidden.

Lack of Govt intervention is not bailing these companies out when things go bad. That won't happen. Government intervention includes laws requiring things to be sourced locally, but then the people who can make short term profits in China will scream about evil socialism all day.

Not as simple as you think. Plus even if you do things now people will forget about this in a year.
1247  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 03, 2020, 02:58:19 AM


Shit man, I'd steal that stuff on general principle.
1248  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2020, 09:06:17 PM
no
1249  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 02, 2020, 12:01:21 PM
Ok, which one of us drives trains in LA?

https://www.washingtonpost.com/nation/2020/04/02/train-derails-usns-mercy-coronavirus/



Things are really getting insane out there. Not quite Day 5, but getting closer.....
1250  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 01, 2020, 03:03:32 PM
Oh oh...



Looks like cheap real estate

And looks like I will be infected with the Therymos virus soon.

Edit: That sucks! I didn't post one thing and I'm infected anyway. Boo!
1251  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2020, 11:54:55 PM
Good source for info on Covid19:

https://www.aaas.org/news/aaas-and-science-journals-provide-scientific-information-covid-19-worldwide

Science magazine usually has its' shit together.
1252  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2020, 11:17:12 PM
Bitbolo's got it: This is pre-publication, pre-review studies and should be treated as such. It's not 100% bullshit out of the box (they did take the time to write it and at least document some of their methods/observations) but it's amazingly easy to make mistakes in a study and find erroneous conclusions. Small sample size, sample weighting, and a bunch of other variables can tank a study.

A great example of this was cold fusion. A lesser example was sonoluminescence which while real is not quite a "star in a jar"....

Best thing to do is see how these studies fare in peer review. In the meantime hell, if the person is dying I say give it a try, why the fuck not? Then again I'm a person who contemplates having my head chopped off and mounted on a popsicle stick because I'm dead and hell why the fuck not?

But don't start popping these pills as a proactive measure, could be a waste of time, could do harm, and could pull the pills from people who actually need them to live/whatever.

1253  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2020, 02:14:31 PM
Very interesting newsletter today:
Interesting. But wouldn't more miners means the price goes *up* since they don't want to dump bitcoins at a loss?
1254  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2020, 02:00:00 PM
I am sure his contribution here is actually worth something.  But it surprises me how much I recoil when I read yet another celebrity pontificating about things. It bothers me especially with the whole: "I am not a doctor, but I played on on TV" angle.  What a plastic world we have built.

And boy, I have become cynical.

Yeah, but there is a significant portion of the population who will not trust a real doctor but who will trust an actor they saw on a TV show....
1255  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2020, 03:06:07 AM
So breadlines then?

Pretty much. Wonder what they will call hoover hogs this time around....
1256  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2020, 02:21:09 AM
Quote
The dot com dildo. The housing market dildo. The coronavirus dildo. Too many god damn dildos.

Greed dildos FTW
This one is an ignorance dildo.
1257  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2020, 02:18:32 AM
Good time to donate to your local food bank.

by which you mean my fucking pantry?
If you're totally out of food. I like food banks: They're local, they don't fuck around, and they give food to people who ask. I've worked/volunteered there and they really have their shit together.

So... I'd rather put money there than in some Christian minister's pocket any day. (Or Govt pocket)

(Wait, maybe you meant your pantry that fucks you. Or your pantry where you keep the love dolls? I might have made an error of presumption in my post)
1258  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2020, 12:48:52 AM
"Don’t look now but you’ve been screwed again. The Wall Street bankers are again able to borrow at 0%, while charging you 17% on your ever-increasing credit card balance. Why aren’t these scumbag bankers announcing a three-month moratorium on credit card and mortgage payments, with no interest accruing? Because their goal is to further enslave you in debt, while enriching themselves. They will run patriotic commercials, while sticking a red white and blue dildo up your ass."

You know, a lot of people (myself included) are really big on paying back your debts. However a creditor who charges 17% interest on 0% money and then bitches because people default will just not get that much sympathy from me.

Go figure.
1259  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2020, 12:47:13 AM
Good time to donate to your local food bank.
1260  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 30, 2020, 05:45:06 PM
Well, I don't want to come off as lazy, so I will up the ante to 95%.

That should cover the folks buying boats and RVs instead of solar panels and farmland.
One big problem in this country (and probably capitalism in general) is the tendency to get into a queen's race on specialization. See, having solar panels and batteries and farmland costs money, ties up capital that could otherwise be invested in spaceships, and consumes money in an ongoing manner to maintain things.

If you go 100% specialization you don't have to pay those costs for things you probably aren't going to use. And since everyone is trying to buy the same house and truck and whatnot, those who are more generalists have less money and wind up being outbid by the people who ride on the edge.

This was happening in 2006-2008: You couldn't buy a truck without every fucking lardass option on the planet. Because vendors made a lot of money on the options, and you with your 10,000 for a truck were sitting in a room with people who would borrow 30,000 for a truck. So as a manufacturer would you build me a 10k truck, or would you build a 30k truck to the rotting debtor next to me?

Especially if you could finance the loan and make that extra 8-10% interest? Hell finance to a complete rotter and get 15% interest. Even better, hide or sell off any losses in "tranches" and book even higher profits.

This is a case of "bad money driving out good". I could no longer get a new truck for the money I had, and I wasn't going to get on the queen's race treadmill to afford a fucking rolling palace that would break down anyway. So I bought used, and dealt with the maintenance myself. Most people who are 100% specialized can't do that.

How do you fix this? Well you could use a government to limit access to easy credit but that's EVIL! You could force companies to build basic trucks but that is SOCIALISM! You could have a Govt that caps vendors also doing financing but that's BAD!

You could just let people pay the price but it can take years and when it happens then you have starving people in the streets and a lot of bodies to dispose of. People flinch at that so you get these fucking bailouts.

Not saying you're wrong, I think everyone should prepare. But most people consider it a choice as opposed to an obligation (Mormons excluded) and that leads to people chasing goods with all their money.

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