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Will be donating primarily through paypal to Liberty in North Korea for simplicities sake from this point onwards.
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[...] increase in inventory [...]
which isn't even true. Silver is used to a higher degree than gold is. Gold is piling up year after year. Silver isn't. Demand outstrips supply since decades. Why the price so low? Maybe manipulation, MAYBE  Also, if you like silver- you'll be able to buy some pure silver UNO bars (wallets) off of me soon   But if you can't wait until then, I accept UNO for my pure silver Goxxed For the Last Time coins too  https://bitcointalk.org/index.php?topic=508380.0 |
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[...] increase in inventory [...]
which isn't even true. Silver is used to a higher degree than gold is. Gold is piling up year after year. Silver isn't. Demand outstrips supply since decades. Why the price so low? Maybe manipulation, MAYBE For an overview: https://www.youtube.com/watch?v=QJhV4YOp89U&list=LLBgYfi5EKCfD7ZJiIBDArSQI agree silver is used more than gold. Actually demand is pretty low too which that video should show, in comparison to pre 2013, even if industrial use is fairly constant. But if you don't believe any numbers that are put out there (which I half don't blame you for) then nothing I say will matter. What I will say though is this means more to me than stories and this is why silver is a buy from here on down: https://www.youtube.com/watch?v=HocTtEJq5BII don't buy stories, I buy what makes logical sense, just so happens that after 2 years in the pan that silver is starting to look good again. Manipulation can be up or it can be down, all I care about is being on the right side of the trade. On another note, this guy Don Harrold is extremely interesting and has a fantastic track record. |
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Hey, Bitcoin Charlie! Not a move to Yacoin (Heaven help us!). Just a reference to muckin' about with bullion sales.
I was actually thinking of your gig yesterday: gotta find good info that explains the drop in silver and gold prices in the last two years. Luckily, I suspect that a good number of Unobtanium community members do think that bullion would be a good 'anchor' (as the economy goes really pear-shaped).
Mark (IndiaMikeZulu), Australia
Low demand, increase in inventory- also increase in production, one last thing, cost of production is trending down. Just a few things which could mean silver will stagnate for a while yet. |
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So many statists.. Where to begin? Oh well, enjoy the engineered decline. I know I am here in the UK.
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I think the level of scrutiny is overblown. But it is certainly heading towards total surveillance. Plan accordingly.
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In a fully automated society, everyone is in the parasite class category. Demand and need will be drastically different than what we see today.
That implies everyone is of a parasite mentality. Some people keep working even after they retire, or after they become millionaires and have no reason to keep working to earn a living. To keep working, you need to have a job that meet the need of the population at that time. If everything is being done by robot, there will be no need that can't be done by robot and no job around for human. Impossible. Humans will always find something to do, even if it doesn't pay them anything more than recognition for something they did. For small group of people, yes. What about the rest of the population? They will get fat from lethargy, and die young of heart complications, or suicides from boredom and depression due to feeling useless. Plus lazy fat people who have no drive or interest in anything are not sexy at all, so they probably will not procreate either. So not much different to what we have now? Except I still see many fat useless people procreating with each other. If they can do that without living off my stolen money, great! |
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In a fully automated society, everyone is in the parasite class category. Demand and need will be drastically different than what we see today.
That implies everyone is of a parasite mentality. Some people keep working even after they retire, or after they become millionaires and have no reason to keep working to earn a living. To keep working, you need to have a job that meet the need of the population at that time. If everything is being done by robot, there will be no need that can't be done by robot and no job around for human. Impossible. Humans will always find something to do, even if it doesn't pay them anything more than recognition for something they did. For small group of people, yes. What about the rest of the population? Our current population count is well above 7B, there is no sign of it slowing down. Wrong (unimaginative pessimism) and wrong (ignorance) ... http://www.slate.com/articles/technology/future_tense/2013/01/world_population_may_actually_start_declining_not_exploding.htmlYep, many things point towards population decline or at the very least stabilisation, especially as nations become more developed. And if you're lucky enough to live in the West you have the cost of living putting dampers on family starting among other factors. |
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Values considerations come from the minds of the human individuals.
All value is created by humans using the mind, the nature and capital (which can be considered semi-finished consumer goods).
All wealth creation is for consumption.
Everything of value that can be brought to the market, has economic value.
Wealth created for an individuals own use, is also economic value, but there is a limit. Think of Robinson Crusoe (without his knife).
Wealth created by individuals for others is greater due to the division of labour and effective use of capital.
Wealth created by associations can be more effective because of division of labour and capital. And, an association can make things that are impossible for individuals to make.
Labour has the same price in all industries (individuals with skills can have a higher price).
Every trade in the free market, including work for money, distribution of goods, creates more wealth after the trade (else the trade would not have happened)
In light of this, robots are just capital, that has the potential to increase division of labour and therefore the productivity of labour. The consideration is the cost of the robot, what it can do, compared to the cost of mindpower, and what it can do.
There is no technology takeover.
Interesting points, could not have put them better myself. |
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the thing about machines is someone has to maintain it. i used to work a job where i was the guy in a parking garage who took your money. then a machine got brought it (Automated payment at automatic gate) and then i became a valet parking guy, who also had to now fix that god damn machine because it broke every 45 minutes of every day. god that job sucked haha but either way. for every machine invented a job field is created for technicians of those machines, until machines start to repair themselves, which requires self awareness. and then we have bigger problems on our hands.
Yeah of course, but think about 2114. You are delusional as hell if you think automated machines will not have automated most of the jobs and you are delusional to think they will break easily. You are also delusional if you think "eureka! it's all solved, lets make all unemployed people machine-repairers", because not everyone is genetically blessed to learn electronics and how to understand and solve mechanical/electronic problems to fix the machines. TONS of people will be left behind without shit nothing to do. In other words: Monetary system will de facto collapse. It's hard to imagine what people will be like in the future. There have always been tugs of war between the productive and parasite classes. I can't imagine that it could be any worse than our current situation, with constant subsidy of others. In a fully automated society, everyone is in the parasite class category. Demand and need will be drastically different than what we see today. Everyone and no-one, with no need (or rather ability enabled by the state) to leech off of productive individuals, wealth confiscation would be irrelevant. But yes, demand and need could be totally different. I don't know how many of you guys enjoy sci-fi, but I can't help but think of the short story- the Withering Shere, or the Dwindling Sphere (can't remember exactly). Not exactly the most logical of short stories, but certainly has relevant themes to what we are discussing. |
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Only 9 pipes left-
I won't be selling these when my stock is out, so get them while you can!
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Just let this horrible project die.
Haha, well the proliferation of alts are kind of like a persistent and creeping vine- some shrivel, others grow gnarly and rooted (but still slowly rot and die) and no matter the ridiculousness of them all they continue to 'thrive'. Perhaps we will look back at these days as many do the dotcom boom and wonder simply what was the point in many of the coins around... |
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the thing about machines is someone has to maintain it. i used to work a job where i was the guy in a parking garage who took your money. then a machine got brought it (Automated payment at automatic gate) and then i became a valet parking guy, who also had to now fix that god damn machine because it broke every 45 minutes of every day. god that job sucked haha but either way. for every machine invented a job field is created for technicians of those machines, until machines start to repair themselves, which requires self awareness. and then we have bigger problems on our hands.
Yeah of course, but think about 2114. You are delusional as hell if you think automated machines will not have automated most of the jobs and you are delusional to think they will break easily. You are also delusional if you think "eureka! it's all solved, lets make all unemployed people machine-repairers", because not everyone is genetically blessed to learn electronics and how to understand and solve mechanical/electronic problems to fix the machines. TONS of people will be left behind without shit nothing to do. In other words: Monetary system will de facto collapse. It's hard to imagine what people will be like in the future. There have always been tugs of war between the productive and parasite classes. I can't imagine that it could be any worse than our current situation, with constant subsidy of others. |
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Does anyone know if Max Keiser is still involved in this coin or if he's at least buying at these low levels?
I would think he would since he pumped this coin so hard when it launched, it would only be right for him to try and revive it or at least be part of it; put his money where his mouth is, as it were.
Regards...
'Right' doesn't come into it with people who pump flakey coins/silver/bitcoin. The guy has other projects to pump elsewhere. |
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So 38.88 pounds with shipping included to Europe?
Hi Bitwayup85, thanks for your interest. Using the prices listed it should come to £39.88 |
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Still a fair few left, pop me a message to complete an order!
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No doubt we will see this happen, I wonder what BTC will be useful for in a such a society?
It could be that cryptocurrency will play a part in the knowledge based information economy. Yeah but if we dont need money anymore because machines have replaced 99% of jobs? Want to watch someone play live music? Want to pay for a painting by a person? Want to buy a game? We are social animals, not some dystopian techno recluses... At least not yet. Read the short story 'the machine stops' even in that grim depiction of total automation there was still interaction and therefore value being exchanged. |
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No doubt we will see this happen, I wonder what BTC will be useful for in a such a society?
It could be that cryptocurrency will play a part in the knowledge based information economy. |
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