My 2,000 BTC is all gone :(

[wachtwoord]

Also hoping to get a TDI, but when I look at VW's European models, the MPG is practically double what it is in the U.S. /rageface

The US vs Europe makes me rageface too! I thought the smart cars were cool and cute as hell (swappable panels, like cellphone faceplates!), and they did 70+mpg on diesel. When they finally came out in US, they do only about 40mpg, and require premium gas, so no savings at all. I was looking forward to getting one for, like, ten years, ever since I saw them in Italy, and when they finally came out, and the EPA totally fucked them up, I was pissed!!!  

Well, last time I was in the US they were basically giving gasoline away compared to European prices so not much need to have a god mileage

Except you guys have something we don't: A decent public transportation system. Ours sucks, and is expensive as hell, so we have no choice but to drive everywhere. Plus everything here is so far apart, that working 30 to 60 minutes away is considered normal. Think of what you spend on buses and trains there, and that's pretty much what we spend on cars (plus maintenance).

Nah, most of us still spend it on cars (and standing in traffic). We just pay more for it. Gasoline is just one part of it. We also pay way more for the car itself via taxes and all sorts of other taxes. The joy of socialistic countries ...

I use the public transportation system to save money myself but I'm not a fan and am unlikely to be able to continue to do this indefinitely (the flexibility of a car is quite likely going to be necessary for my job).

[Richy_T]

Except you guys have something we don't: A decent public transportation system. Ours sucks, and is expensive as hell, so we have no choice but to drive everywhere. Plus everything here is so far apart, that working 30 to 60 minutes away is considered normal. Think of what you spend on buses and trains there, and that's pretty much what we spend on cars (plus maintenance).

Hah, their public transportation is as expensive as hell too, it's just subsidized by taxes so the general public don't notice.

[Rassah]

Except you guys have something we don't: A decent public transportation system. Ours sucks, and is expensive as hell, so we have no choice but to drive everywhere. Plus everything here is so far apart, that working 30 to 60 minutes away is considered normal. Think of what you spend on buses and trains there, and that's pretty much what we spend on cars (plus maintenance).

Hah, their public transportation is as expensive as hell too, it's just subsidized by taxes so the general public don't notice.

Actually... true. We subsidize roads and drive on them with private cars and trucks, and they subsidize rails and ride on them with private trains... I like trains more though.

[wachtwoord]

Well the trains really aren't that private and we subsidize roads too. We basically subsidize everything.

[Richy_T]

Except you guys have something we don't: A decent public transportation system. Ours sucks, and is expensive as hell, so we have no choice but to drive everywhere. Plus everything here is so far apart, that working 30 to 60 minutes away is considered normal. Think of what you spend on buses and trains there, and that's pretty much what we spend on cars (plus maintenance).

Hah, their public transportation is as expensive as hell too, it's just subsidized by taxes so the general public don't notice.

Actually... true. We subsidize roads and drive on them with private cars and trucks, and they subsidize rails and ride on them with private trains... I like trains more though.

True. Though I'd like to eliminate all subsidies. However, besides the subsidies, they also penalize driving heavily. Petrol tax in the UK is around 80% of the cost. Yet still people are buying bigger cars and ever more of them. When I was a kid, in the road I grew up in, everyone parked in their driveways. Last time I went back, it was impossible to find a place to park on the road.

The truth is that public transport generally sucks and often doesn't provide the advantages that one would think (you have to run that bus service, even if nobody uses it so you end up running a vehicle that uses three times the fuel of a car for no reason). It's a solution to a problem which doesn't really exist anymore in the first world and the only solution it is good for (disengaging the passenger from the process of manipulating the vehicle) will be solved in a matter of years (also opening a solution to the issues regarding electric vehicles and allowing a sharing of vehicles for those who don't  need or want to own).

[molecular]

Except you guys have something we don't: A decent public transportation system. Ours sucks, and is expensive as hell, so we have no choice but to drive everywhere. Plus everything here is so far apart, that working 30 to 60 minutes away is considered normal. Think of what you spend on buses and trains there, and that's pretty much what we spend on cars (plus maintenance).

Hah, their public transportation is as expensive as hell too, it's just subsidized by taxes so the general public don't notice.

Actually... true. We subsidize roads and drive on them with private cars and trucks, and they subsidize rails and ride on them with private trains... I like trains more though.

True. Though I'd like to eliminate all subsidies. However, besides the subsidies, they also penalize driving heavily. Petrol tax in the UK is around 80% of the cost. Yet still people are buying bigger cars and ever more of them. When I was a kid, in the road I grew up in, everyone parked in their driveways. Last time I went back, it was impossible to find a place to park on the road.

The truth is that public transport generally sucks and often doesn't provide the advantages that one would think (you have to run that bus service, even if nobody uses it so you end up running a vehicle that uses three times the fuel of a car for no reason). It's a solution to a problem which doesn't really exist anymore in the first world and the only solution it is good for (disengaging the passenger from the process of manipulating the vehicle) will be solved in a matter of years (also opening a solution to the issues regarding electric vehicles and allowing a sharing of vehicles for those who don't  need or want to own).

I participate in a car-sharing system in the city I live in. It's quite good. No monthly fee, 0.28 € per minute (gas included). I just walk up to the car (after locating one using a mobile app), put my rfid on the reader and go. Can park it anywhere within the operating area for free on public parking spots (usually metered, they have deal with the city).

It's an ideal addon for my normal tram and bycicle usage (cycle 10km to work and back in summer, use tram in winter), comes in handy when I have something to move too big to take with the bicycle or tram.

I grew up in a rural area. Such a concept is not possible there, but in larger European cities there is really no need to own a car.

[bbit]

OK. You're a gay couple? And you're also into that dog stuff?

^^ answer this ^^ 

[molecular]

OK. You're a gay couple? And you're also into that dog stuff?

^^ answer this ^^  

he did, read the thread

here, I did all the nasty work for you:

Yes we are (together for almost 14 years). We don't like dogs, or anything like "that" with real animals. But we like anime and furry style art.

[Rassah]

fake story.

What kind of evidence would you need?

You next to the car with a shoe on your head 

Ok, not a shoe, but hopefully proof enough:


Filled it up 5 times so far. Despite winter, have not gone below 50mpg per tank yet. Averaging around 52, but going up with warmer weather.

And yes, had I waited, I could have bought the car, paid off my hubby's car, and paid off the house, but I didn't expect it to keep going up to $60  Frankly, I thought $30 might be the top of the bubble.

[ingrownpocket]

fake story.

What kind of evidence would you need?

You next to the car with a shoe on your head 

Ok, not a shoe, but hopefully proof enough:
https://i.imgur.com/OpiSRDX.jpg

Filled it up 5 times so far. Despite winter, have not gone below 50mpg per tank yet. Averaging around 52, but going up with warmer weather.

And yes, had I waited, I could have bought the car, paid off my hubby's car, and paid off the house, but I didn't expect it to keep going up to $60  Frankly, I thought $30 might be the top of the bubble.

I thought $40 would be the top of the bubble 

[Jutarul]

And yes, had I waited, I could have bought the car, paid off my hubby's car, and paid off the house, but I didn't expect it to keep going up to $60  Frankly, I thought $30 might be the top of the bubble.

There's your mistake. It's not a bubble. Bubbles are supported by credit expansion. This is monetization.

[Rassah]

And yes, had I waited, I could have bought the car, paid off my hubby's car, and paid off the house, but I didn't expect it to keep going up to $60   Frankly, I thought $30 might be the top of the bubble.

There's your mistake. It's not a bubble. Bubbles are supported by credit expansion. This is monetization.

Where was credit expansion back in June of 2011? Or am I just using incorrect terminology, and that was a hype-based monetization too?

EDIT: Crap. My brain is broken. I meant "Was there credit expansion back in June 2011?" >.<

[SgtSpike]

Bottom line is, the Bitcoin price is unpredictable.  People can make reasonable assumptions about where it is headed, but unexpected news tomorrow could greatly change the price either direction.

[Jutarul]

Where was credit expansion back in June of 2011? Or am I just using incorrect terminology, and that was a hype-based monetization too?

I would say so. What happened after June 2011 was demonetization - or hyperinflation (collapse of the purchasing power). It looks very similar but the underlying mechanisms are different. You'll see what I mean when the USD collapses. Using your words you would say the USD is in a bubble.

[Frankie Delaney]

So is this now the worlds most expensive prius? you were so proud of yourself for selling out at $22, shame you aren't a true believer.

[Fuzzy]

So is this now the worlds most expensive prius? you were so proud of yourself for selling out at $22, shame you aren't a true believer.

How do you know when it's the right time to sell?

For all you know, it will keep going up long after you're gone, so I say, if you have a solid plan, sell when you decide to, and don't look back, bitcoin WILL be higher than whatever you sold it at, it's only a matter of time, no use kicking yourself, just enjoy whatever it is you did with the fiat 

[Rassah]

So is this now the worlds most expensive prius? you were so proud of yourself for selling out at $22, shame you aren't a true believer.

Yep! I now drive a $109,000 Prius! $uck it, Porsche driving losers! 

[molecular]

So is this now the worlds most expensive prius? you were so proud of yourself for selling out at $22, shame you aren't a true believer.

Yep! I now drive a $109,000 Prius! $uck it, Porsche driving losers!  

that porsche cayman is only BTC 534 currently: https://bitcointalk.org/index.php?topic=143722.0

it'll use a lot more fuel, though. In the long run, the prius will be cheaper (depending on driving style)

[Frankie Delaney]

If you could have just held out for 2 more months, you would have been rolling in a rolls royce.

Shame you didn't believe in bitcoin.

[SgtSpike]

The Prius is now a $480k Prius.

Dang...