You mean like a ponzi or pyramid scheme? Supply and demand drives the price. If all buy and sell stopped at one point in time the price will remain frozen. But if all started selling at one time, the price plummets. The rawest form of supply/demand economics there is. Are there winners and losers? Of course, depending on how you define "winning" and "losing".
i think his main concern for bitcoin is that it is neither a physical object and isn't backed by anything tangible or real. can't we say the same about buying stock though?
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i'm not the most knowledgeable in the subject, but i remember morsi trying to ratify the constitution to give him almost unlimited power. he was abusing his power, and oustering him was justified.. the problem is that his replacement is even worse.
Yes... removing Morsi was much needed. He was about to implement some of his disastrous social policies, such as banning birth control and taking over minority institutions. It is too early to say that Abdel Fattah el-Sisi is worse than Morsi. Let's wait and watch. there is already less free speech under his rule, and more political prisoners. egypt's version of jon stewart, whatever his name is, has had to step down because it seems like he fears the current regime more than he did the last. i'm willing to bet that he is more of a despot than mubarak or morsi.
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sounds like something like this would be extremely complicated. you'd have to factor in your estimation of bitcoin's volatility and decide the rules on your "insurance" premium/benefits.
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I surely don't like the mix of religion and political power, hence I disliked very much Morsi, but we can not defend democracy and then crack on the results, unless the elected start violating basic rules.
I don't think that Morsi did enough to deserve a military coup.
Now, Egypt just returned to a new Mubarak, non religious, but dictator, that even promote him self in cookies.
i'm not the most knowledgeable in the subject, but i remember morsi trying to ratify the constitution to give him almost unlimited power. he was abusing his power, and oustering him was justified.. the problem is that his replacement is even worse.
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yeah will be watching, especially now that i have some money riding on the series. i hope miami chokes and fails big time. right now, i'm more interested in the lakers draft though. i really want marcus smart or julius randle.. anyone else at the #7 spot, i'm not really high on.
You think they will try and make a play for Lebron or Carmello? I think they potentially have a shot at Carmello...don't think Lebron would want to come to Kobe town... no i don't think they are coming. maybe kevin love in 2015 though. next season is probably going to be dreadful as a laker fan, especially considering that they traded away their first rounder, which is lottery protected 1-5.
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even if i were ultrawealthy, i don't know if i could live it up quite like a few of you guys would do it. i'd probably just have a normal sized house, and the only luxurious thing i would have is maybe a tesla.. the $40k model
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yeah will be watching, especially now that i have some money riding on the series. i hope miami chokes and fails big time. right now, i'm more interested in the lakers draft though. i really want marcus smart or julius randle.. anyone else at the #7 spot, i'm not really high on.
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this kind of ethnic cleansing or whatever you call it is quite creepy. it's moving in the opposite direction that we should be going. all it does is build a greater divide between "them" and "us," which opens the doorway for extremism. diversity is not only the moral/ethical thing, but it's also just better for the human race.
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Still not as bad as General Sisi winning the Egyptian elections with 96.9% of the vote. It's more frustrating in Egypt in light of all the struggles for democracy. They didn't even bother to muddle the numbers like Assad did. It's a clear indication of Egypt's return to dictatorship
it's funny cuz when they overthrew mubarak and morsi, there was a fervor of excitement that change could happen.. but in reality, their efforts so far have been futile. seems like sisi's regime may indeed be worse than the muslim brotherhood reign, or mubarak.
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oh man, we're going to see tunnel visioned miliary leaders speaking out against bitcoin. i can't stand those people; they are so narrow-minded and think the U.S. is always the good guy, and everyone else is bad.
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is this a troll post or something? most immigrants that come here are low skilled workers, doing shit that most americans are not willing to do. and illegal immigration has been falling. if you are serious, way to be xenophobic.
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he strikes me as one of those power hungry guys, yet he gets off on autoerotic asphyxiation.
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i only care in that it will affect the price of bitcoin.. i don't care in that i wouldn't use ebay even if they did integrate bitcoin. fuck them.
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It is strange how the only Obama administration trade involves 5 of the most deadly taliban leaders out there for a guy who from what I am gathering deserted his platoon. Maybe I am watching a little too much Homeland but could this guy be our Sgt. Brody
i was thinking of homeland as well.. kind of interesting how fiction imitates life (or not). anyway, i'm going to go crazy conspiracy here.. maybe the U.S. wants terrorism to exist, so they have an excuse to invade other countries.
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i really hope citi doesn't consider it a big threat.. they'll group up with their banking compatriots and buy the shit out of washington, and the magically all of a sudden.. a majority of our elected officials will be absolutely against bitcoin.
They will do that either way unfortunately. Mastercard has all ready hired lobbyists to do it. Do you have proof of that? Or is that just speculation? there was a post on this forum about it a week or so ago. you can just google it yourself. i don't know how much swing they have though, and how much support btc truly has in congress. we need our own lobbyists after all. since satoshi is worth so much, it wouldn't hurt to see him drop a few million to win some "lawmakers" over, and pay them in btc.. so that htey have a stake in it, which means they'd less likely turn on bitcoin. We need to start bit pac and start buying our own politicians. i guess the power players that we have (the big guys who own a shit ton of bitcoins) will be our guardians.. not necessarily because they care about bitcoin or the cause, but because they have so much at stake.
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wow, for once i might agree with what republicans on fox are saying. well, at least i understand their point.
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i can see a new futuristic rap song about bitcoin... gotta get away from your bitch, gotta get them bitchcoins.
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funny, didn't egypt just have its own elections, which were completely premeditated by the reigning regime? i just saw through the wormhole's ep tonight and it dealt with inequality/civil warring countries. it says there's evidence that the less civilized groups of people, the more the imbalance between diversity.
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oh man, through the wormhole got really political. it was an attack on the superwealthy and inequality. it's pretty true though.
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whatever it is called, it's pretty creepy/trippy how the government tries to run everything and subjugate the people when they speak up. they are definitely more totalitarian, 1984-style than we are.
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