This is not a market for unexperienced traders (any more).
[/b][/color]
Yeah, I sold some BTC a few weeks ago, not a majority of my account or anything, but a few k. Now kicking myself. I think I'm going to follow bruce wagner's advice and just hold on for the ride. I hold bitcoin till the bitter end or world domination.  |
|
|
|
the real point here is that the stock exchange, GLBSE, is up, running, and a viable source of funding for concept companies willing to issue shares. Nefario has done an incredible job pulling this together along with Genjix and its working well. as an initial investor in UBX, i am extremely happy at the return on my investment in such an incredibly short period of time. as the price of BTC continues to go up you get a multiplier effect in stock shares. stocks will go up even more than the currency. b/c GLBSE is so new, no one has bothered to look at stocks as an investment vehicle like they have the BTC trade thru MtGox. until today when someone hit my outlier price of 12.5 BTC. as more ppl figure out that this is a cheap way to invest in BTC, there will be a rush to buy shares; any shares. as Bob Hoye, of Institutional Advisors, fondly likes to recall of the gold mining stocks like Homestake Mining post 1932, investors were calling gold mining companies and if someone answered the phone they hung up and bought their shares. if you're looking for value go to GLBSE.
hmm...like this? http://bitcoinweekly.com/articles/the-global-bitcoin-stock-exchange-and-why-it-matters |
|
|
|
Thank you for linking to one of my magazine's article.  Perhaps you would consider a small donation to keep the magazine going? It's at the front page. |
|
|
|
|
That must be a block race?
|
|
|
|
it will catch on merchant wise and the market will stabilize. just give it time.
The bitcoin economy will not remain stable if its full potential is to dominate the global economy. |
|
|
|
Thanks for linking to a bitcoinweekly article!  |
|
|
|
Either way, it looks like a deflationary spiral, and makes me concerned.
There is nothing to be concerned when there is more trading than ever before. |
|
|
|
It isn't a big deal. Being a mod or not, the don't care attitude isn't the best nor something worth posting.
The only thing that should matter is whether or not I do my job. |
|
|
|
|
The marketplace had to be split up into buy and sell because there were so much economic activities.
|
|
|
|
Wait! Let me check... white skin, probably red blood inside (but I really don't want to split it now), arms, legs... guess I'm a human being myself You care about people getting their "fair share", whatever it mean. I do not. I do not value equality as a moral goal in itself. |
|
|
|
Still, Google didn't employ anyone to write blogs, you could take risk... or not, they hadn't hire you and you could stop at anytime. But you were pretty much on your own.
So what? Here we're talking about directly taking profit of others' work which, regardless it give 1 US profit or 10 wouldn't still change the income of the employee, who gets himself a load of imposed rules to comply with along.
So what? Let me remind me you that the moral sensibility of human beings may be far different from your and thus we won't ever agree simply because we have different goals and goal system. |
|
|
|
Define «hard-earned»...
Are you in position to define exactly what's hard and what's easy? One that just inherited from his dead aunt would still be within such group?
And as so... the workers are in the "easy money"?
And so you get to defined what's poverty and what's not, what's exploitation and what's not. The problem is these labels are relative comparison of wealth. The poor who own a TV, a phone, and get to eat something everday is far different than the poor who labors on farms in the middle of the age. |
|
|
|
Minimum wage is a social barrier, not an economic one.
It's meant to not have poverty situations exploited, has nothing to do with production or even economics.
When you're talking about price, productive output, etc, it is an economic issue, period. Looks like you folks skipped all history classes and just want to jump in a slippery slope we all must already know where it ends. Back on when corps were already around and economics were what you seam to want now, unions were as good as "a social fund to pay for your funeral".
It's not "quite" you guys I would concern about in this issue.
Yes, we know what we read in history book in school written by god-knows biased historians. Also the Google behavior has changed once it became a big corporation... it's no longer that "generous", as its stock holders want profit just for sit around with the shares in the pocket.
Actually stock holders are the "rich freeloaders", they occupy the opposite chair of the freeloading budget, being the other those on unemployment checks...
Please give us concrete examples of how Google changed from good to bad. The fact is, Google revolutionized and make efficient advertising. The fact that google is no longer generous does not invalidate the economic efficiency that Google brings. |
|
|
|
There is all sorts of things that can be done with disposed electronics, the market is there, though i dunno if it overlaps enough with Bitcoin users
If they are hardware hackers and makers, it might. |
|
|
|
Work for such wage isn't an "option", to the best it qualifies for "extreme poverty need", and instead of help we go on exploit the situation...
Exploitation? I called it efficiency. Something are worth 0.01 cents, and something are worth 3 bucks, and some thing are worth tons of money. If you price out the possibility of production below the minimum wage, you're simply impoverishing humanity. What you're doing is making value judgement based on relative prices, rather than the economic output. More economic output simply means more goods and services available for humanity which mean...we are richer! How google made their money? They allowed the monetization of tons of blogs and website that otherwise wouldn't be possible. Instead of earning nothing, blogs could earn a dollar or two everyday. Eventually, some of these blogs become so valuable that it allows their owners to quit their job. |
|
|
|
|
Well, I have an old CD drive.
|
|
|
|
I'm not all that for minimum wage, but I'm for the need of social protection.
There's the difference between the need for social protection and unintended consequence as a result of trying to implement laws that respect the need for social protection, catch my drift? In any case, the bitcoin economy couldn't thrive if people can't pay each other below the minimum wage. |
|
|
|
Someone suggested:http://25.media.tumblr.com/tumblr_lk9sfhcgNr1qfrvjzo1_500.jpg
But I don't know who drew it, but if we could get their permission we could do those..
That's shazow and some other guy who commisioned him to do the work. |
|
|
|
|
Insider trading is a good thing for the bitcoin economy because it means accurate information about companies are flowing into the economy.
|
|
|
|
|
Show Posts
