I guess I'm alone in thinking these projections are wildly optimistic. Am I?
Nope. "EVERY time the price doubles?"  You know we're in the $4000s now, right? LMAO Are you saying that bitcoin has reached it's peak now? As long as bitcoin keeps getting more users, it will keep doubling. It doesn't matter if the fiat price is 4000, 40 000 or 4000 000 USD, it will keep doubling, and doubling, and doubling. |
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Strange things goes through your mind when you drive the dark open highways in your truck/lorry in the middle of the night.
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I am a Hodler
By Arriemöller
I discovered the magic of bitcoin,
and joined the ranks of its soldiers.
I fought the battles on the mountains of MtGox.
And lost.
I watched the slaying of Bear Whale in 2014.
I suffered through the dessert march of 2015.
I enjoyed the calm of 2016.
I celebrated the victories of 2017.
I watched, up in arms, the fork of lately.
I am a veteran, I am scarred, I am a Hodler.
Edit; scarred, not scared.
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The boatman on the river Styx now accepts Bitcoin.  Does this mean I have to be buried with my personal key in my mouth? |
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As an aside, since nothing is happening and we are bored, let's have a little philosophical kerfluffle. What is the difference between genius and insanity?
No difference, sometimes. Tesla was a genius and a mad man. |
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The last 10 floor to floor Bitcoin doublings since Nov 2012. Average doubling time: 6 months Shortest doubling time: 1 month ($20 to $40) Longest doubling time: 18 months ($80 to $160) The Mt Gox bubble is clearly disruptive to trend. Since recovery, doubling times have only accelerated. This kind of hyperbolic growth is typical of a technological singularity. Think color tv, mobile phones, or the Internet. At this scale, it's really hard to see the recent hardfork or China FUD having much of an impact at all. https://bitcointalk.org/index.php?topic=2203360.0  .. Also.. I don't know if you know this.. But your chart predicts 10500$+ în 3-4 months.  Let's project! If we assume an average doubling rate of 6 months, then the price floor should remain above: $5120: Jan 2018 $10,240: July 2018 $20,480: Jan 2019 $40,960: July 2019 $81,920: Jan 2020 We may touch $10,000 in 3 or 4 months as an ATH, but it may take another couple months to form a new floor. I wouldn't be surprised if doubling rates slowed down to maybe a year+ after $10,000, though. It's mind-boggling and eye-watering to conceive it's think its even possible. But this long-term doubling trend has so far survived all kinds of FUD, hacks, and Bitcoin obituaries and only appears to be gaining resilience as adoption increases. Well the price has doubled every four months this year, so 10 000 seems like the next logical step. And I see no reason why the rate of increase should slow down next year, If anything, the forces behind the rise will be even stronger next year. 80 000 by the end of next year is not impossible IMHO. There might very well be an even higher increase as well. |
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like BCH ... not new. like Bitcoin Classic ... like Bitcoin XT ... like Bitcoin Unlimited ... Bitcoin Millennial Edition? Bitcoin Vista? Bitcoin 3.1. Because its true to Satoshi vision. Bitcoin 97, with a built in Ctrl Alt Delete button. |
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I believe BTC price will follow a Gaussian curve projection. At least till the end of this year.
Your'e in the wrong thread, please leave. |
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Shorts getting rekt?
i still don´t know, what "rekt" means, call me slow ! rekt=wrecked. Thank you, but: da muss man erstmal drauf kommen Not that that was any easier. " Man benutzt den Satz, wenn man seine Überraschung ausdrücken will über etwas, was jemand anderes (meist eine dritte Person) gesagt oder getan hat. Entsprechender Ausdruck: 'Das wäre mir niemals eingefallen!' 'I would have never thought of that'" |
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Are you liking the current bear market, gentlemen?
We will go down slowly to $1500.
This bear market will last for five months.
You're sort of like Nostradamus, aren't you? THIS IS THE LAST UPDATE OF THE LIST
Ok, you win. Put me on 7th of January, 2018. I think it will be sidelined until them, going up and down in the 4000's. Thank you torque. |
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The push by govt organizations for more immigrants literally everywhere in the world is pretty simple.
Existing citizens are working less (and paying less taxes), and thus having less babies. And that long term trajectory doesn't sit well with the welfare states of the world that are getting deeper and deeper into debt.
Simply put, they desperately need more tax payers coming into the system to not only replace the ones dying off, but to breed new ones. Thus opening up the borders.
Remember, the welfare state is one giant Ponzi scam, that requires ever more scam suckers coming in. When that stops, the whole thing collapses.
The problem of course being that the immigrants turned out to be a net drain on the economy [citation needed], not even counting all the social problems and increases in violent crime and rape. But they always double down on bad ideas. Over the long haul, they discovered, the presence of immigrants significantly benefits the economy. Areas with more historical immigration now have higher incomes, lower poverty and unemployment, and greater levels of educational attainment and urbanization.
The magnitude of the results was striking: if a county that experienced no immigration during this period had instead experienced median levels of immigration, residents today would have a 20 percent higher per capita income.
In Sweden there was i tipping point in the 80's. Before that, immigration was a net plus, after, a net minus. The reason being that the immigrants after the 80's are mostly uneducated and can't find suitable jobs. |
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What do you mean "Recognition is subjective"? Do you mean that where a westerner see a square someone else sees a circle?
No, but where a westerner sees green, someone might see some kind of blue. Where a westerner sees "straight, left, right, straight", someone might see different paths depending on the physical orientation of the page when it gets presented to them. All reference axes are relative to an absolute point on their island (a mountain), so they don't have relative words like "left" or "right" ("up" and "down" they do). Imagine a westerner dealing with IQ tests prepared by someone in one such population. There is much more cultural background to perception than we are aware of. I agree on that. But none of that applies to the pattern recognition used in IQ tests. |
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Who the hell is Milo?
A gay jew on the right who likes to trigger people. Google Milo Yiannopoulos and you shall find. |
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Uaaahhh... Guys, wake me up when we come back to the BTC Topic...
Oh yeah right. Bitcoin hit 4050!  Too soon?LOL |
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The correlation between wealth, power and opportunity and income is much greater than that between intelligence and income.
Much greater.
Dilbert's "Salary Theorem" states: "Scientists and Engineers can never earn as much as administrators and sales people." This theorem can now be proved mathematically: Given: Power = Work / Time and, Knowledge is Power Substituting knowledge for power, we obtain: Knowledge = Work/ Time If time = money, then: Knowledge = Work/ Money Solving this equation for money, we obtain: Money = Work/ Knowledge Therefore, as knowledge approaches zero, money approaches infinity, regardless of the amount of work done. Conclusion: the less you know, the more you make. Simple and clean Pointy-haired is rich? |
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It's neither racism nor bullshit, It's a well known fact that the IQ of the population of the world varies quite a bit. Even the BBC made a program about it, see for yourself. https://www.youtube.com/watch?v=5JLH9OKMnbUIf you watch the program, you will see its far more complex than it first appears. , IQ tests are biased toward western inteligence & education, and societies racism suppresses achievement in non-whites. So, basically it is racism and it is bullshit. How precisely can pattern recognition be biased towards anyone? Recognition is subjective, which makes it clearly vulnerable to bias. Gonna have to elaborate on that one. "Recognition is subjective, which makes it clearly vulnerable to bias." No, it says exactly what I mean, read it again, there is no elaboration needed, it clearly and precisely destroys your statement What do you mean "Recognition is subjective"? Do you mean that where a westerner see a square someone else sees a circle? |
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Hi, BitPay cardholders,
Our prepaid card program issuer Wave Crest Holdings Limited recently announced that it will no longer be issuing or maintaining Visa® Prepaid Cards outside of the territory of Europe.
This unfortunately means that the BitPay Card will no longer be available or usable outside of the countries in the European territory. Existing BitPay Cards and other Visa Prepaid Cards registered to cardholders outside of the territory of Europe will be closed as of 15 October, 2017. NUTS  You Europeans get all the luck, lolling about with your BitPay cards and your dreams. Can anybody in the New World recommend a decent alternative? Can't you New Worlders buy a gift card and use that to buy a prepaid card? |
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[/quote]
Again, no, you can only stay for three months if you do not have a job or are studying.
There are a lot of misunderstandings about the Schengen agreement.
[/quote]
I am a citizen from one of the schengen state, i can and i have stay in Switzerland, German, Greece, Finland(which its quite boring at there) each more than 6 months up to almost two years without being required anything. i am a trust fund baby and the goal is just to enjoy the nice view and different life around the world so i don't work nor study at those places.
[/quote]
Damnation, I cant get those quote thingis right.
Yeaa you can stay because nobody ever Checks, but as a tourist from another EU country you are only aloud to stay för 90 days formally.
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