Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[esse83]

http://www.coindesk.com/citi-miners-merchants-keeping-bitcoin-prices-check/  

[Schickeria]

Tax system is necessary for human community, isn't it? I thought it was common knowledge.

Whether taxes are spent properly is a different issue, isn't it?

Those who survived without tax can not say other people do not need tax support. If they say so, they don't really need bitcoin as well, as they don't need community.

Humans are social, by nature. Bitcoin will have to go well with tax. But, it does not necessarily go well with fiat!

Rape is necessary for human romantic relationships, isn't it? I though it was common knowledge.

Whether the victims are chosen properly is a different issue, isn't is?

Those who can obtain consensual sex without rape can not say that other people do not need to resort to rape. If they say so, they don't really need sex as well, as they don't need community.

Humans are social, by nature, therefore rape is a necessary part of romantic relationships.

Another ridiculous analogy.. tax is not the same as rape, and it is NOT even close to the same... so stop being inflammatory and devolving into misleading analogies.

+1

[Schickeria]

[podyx]

Maybe this was just the last bulltrap

What a fucking shame if it is so

[xyzzy099]

When I was a kid, my mother could call the local doctor and he would COME TO OUR HOUSE and treat us (an unbelievable concept in America now), and he would charge us $10 for that service.  Everyone I knew was about as poor as we were, but I cannot once remember hearing someone say "Oh my God, what will we do about the medical bills?".  The mess that the American health care system is in now is another creation of our government - but again, that is a long argument that exceeds greatly the bounds of this thread.

Indeed, it was the creation of a government who traditionally considered health care not to be its concern, and therefore left it entirely to private enterprise.  As it always happens, left to its "self-regulation"  the health care market degenerated into an oligopoly, whose only concern is to maximize the revenue of their owners; who that maintains their dominance of the market by buying out the government.

This statement shows an utter ignorance of the evolution of the current health care issues in the US.  Anyone can research this and see that the situation was going pretty damn well until the government decided to dive in to the health care market head first with Medicare.  I was a just a kid when Medicare became law, and the effect on health care costs was apparent pretty quickly thereafter, and has never let up since.

There were no old people dying in the streets of America before Medicare, btw.

[JayJuanGee]

Tax system is necessary for human community, isn't it? I thought it was common knowledge.

Whether taxes are spent properly is a different issue, isn't it?

Those who survived without tax can not say other people do not need tax support. If they say so, they don't really need bitcoin as well, as they don't need community.

Humans are social, by nature. Bitcoin will have to go well with tax. But, it does not necessarily go well with fiat!

Rape is necessary for human romantic relationships, isn't it? I though it was common knowledge.

Whether the victims are chosen properly is a different issue, isn't is?

Those who can obtain consensual sex without rape can not say that other people do not need to resort to rape. If they say so, they don't really need sex as well, as they don't need community.

Humans are social, by nature, therefore rape is a necessary part of romantic relationships.

Hahaaa, interesting comment. I think the extrapolation isn't proper but I'm confused and not in a position to argue. Any one comment on the extrapolation?

You are confused because the extrapolation is valid and you just noticed how upside down your worldview is.

Involuntary human interactions (taxation, rape) will not solve social problems, they will increase them.

Maybe threebits is confused b/c      s/he is striving to figure out how such a stupid-ass analogy can be made with a serious face? 

Taxation is NOT rape, and it is NOWHERE near even close to rape... and people are being disingenuous and deceptive when they are attempting to frame reasonable conversation with such inappropriate and diverting analogies.

I am NOT opposed to talking about rape or the idea that rape occurs, but taxation is much more complicated and public oriented and involves public policies.   Rape discussion distracts us from the various true and well intended and good aspects of the public sphere and striving to provide some basics in the public space.

[tarmi]

Maybe this was just the last bulltrap

[podyx]

Maybe this was just the last bulltrap

hahahah fuck you

[Skinnkavaj]

Haha we already starting to go down. This is too easy to see that we are going down now, shorting just went mainstream. Lol e

[JayJuanGee]

so wall observing became boring and we talk about... taxes???  

Finally JayJuanGees wet dreams became true.

                  NOT!! 


I am fine with talking about walls, too....     Look at those walls:    Prices went from $499 to $516 and back to $510 in the last 24 hours... Whoa!!!!!   ZZZAAAA!!!!  currently hovering in the $510 range, as I type..   Whoa!!!!!   ZZZAAAA!!!!

[Richy_T]

Yes.  It seems that over the years, the government has allowed too much privatization (and money making) of the public good which is various aspects of the education infrastructure.

Yes, the government picks winners and appropriates the wealth of others to apportion to its favorites. This is an argument for reduced government, not more.

[ChartBuddy]

Explanation

[JayJuanGee]

Yes, it continues to amaze me how much brainpower is wasted on the internet trying to convince a SINGLE person to change their viewpoint on a topic, meanwhile absolutely nothing changes or gets changed in the real world for the hundreds of thousands of other people....    

Name that "SINGLE" person who has a view that differs from everyone else on the internet?  Do you have any "SINGLE" person in mind or are you still thinking about it? What about the viewpoint?  Do you have a summary of the viewpoint that you would like to present?  Which side is right?  Yes, there is a lot of variations in viewpoints, too..

By the way, if you had NOT notices, there are a lot of people (on the internet) with a lot of variations in viewpoints, and sometimes even those various people change their minds from one posting to the next based on their working through their posting(s) or by reading the ideas of other posters.

[Richy_T]

You are attempting to simplify and to blame the government... the problem is much more complicated, and the government is the people... so let's blame the people for allowing the education infrastructure to evolve into some baloney of complication.  The solution involves putting more of the public back into education and allowing it to serve all aspects of society rather than merely rich and merely the various forms of profit making and divide and conquer that is allowed by the various forms of complicated funding.

The answer is localization and allowing people to make choices for themselves rather than those choices being made by some huge monolithic uncaring entity. When one person messes up, it affects a few. When Government messes up, if affects millions.

[Richy_T]

Yes, it continues to amaze me how much brainpower is wasted on the internet trying to convince a SINGLE person to change their viewpoint on a topic, meanwhile absolutely nothing changes or gets changed in the real world for the hundreds of thousands of other people....    

That's a naive way to view it. Anyone sensible is playing to the audience

[Richy_T]

but basic education should be available to all, and probably at all stages in life...

See, I have absolutely no problem with that. And I certainly will not be one to stand in your way when you choose to fund it.

[Richy_T]

Indeed, it was the creation of a government who traditionally considered health care not to be its concern, and therefore left it entirely to private enterprise.  As it always happens, left to its "self-regulation"  the health care market degenerated into an oligopoly, whose only concern is to maximize the revenue of their owners; who that maintains their dominance of the market by buying out the government.  

Yes, the healthcare market was completely unregulated until 2010   (and now it is all fixed up, of course)

[Richy_T]

By the way, I hope you are aware that the Government of the Distributed Libertopian Republic of Bitcoin, aka the Bitcoin Network, is currently supported entirely by the printing of new money, to the tune of ~4000 BTC/day; which means 10%/year inflation rate (in the strict sense).  As with any inflation tax, this one is taken from all those who own bitcoins.

Absolutely. But as ownership of Bitcoin is voluntary and you don't have to use it to pay taxes (on the threat of men with guns coming and locking you up), that's a completely free choice of those who choose to own it.

[JayJuanGee]

I'm a little sick of hearing about this "wealth disparity/inequality".  If the rich get 10% richer while those of us who are not rich get only 4% richer, I am ok with that - especially since "the rich" usually means people who are actually starting/growing companies and making life better for others (intentionally or otherwise), while risking their own wealth.

You are sick about hearing about wealth disparity, and you are just throwing out some random numbers to make the problem to seem, not so bad.

Also, there are a lot of assumptions in your comment concerning trickle down economics and your belief in the fallacy that if rich people get richer then they are going to reinvest a good portion of that money in the appropriate infrastructure.  that assumption is NOT correct.

If you have ever heard about the multiplier effect of money, you would come to realize that distributing money in various ways... especially to poor people has much better multiplier effects than giving that money to an ever narrowing sliver of people who neither need the money NOR deserve the money.

Are you really poorer now than you were 20 years ago?  

Sounds like you are using a small sample... and also sounds as if you are engaging in overly optimistic thinking and failing to take into account real changes in society and the deflated value of the dollar or even public services and infrastructure that is available... For example, let's say someone makes $20k per year in 1990 and $20k per year (in the equivalent of 1990 dollars in 2014); however, what are the public services that are available now versus then and what is the infrastructure now versus then and what are the number of hours worked and quality of life... IN fact, most people are NOT keeping up with the wages from the 1990s.. for equivalent job categories and skill sets.

Of all the poor souls I grew up with, very few could answer "yes" to that - and the ones that can are usually going to be victims of other problems created by the government, like the current health care system.

Sounds as if you are again speculating about the government bringing things down be providing reform to healthcare systems.  I doubt that people overall are going to be worse off b/c more people are covered by health care.  That just seems like some speculative talking point.

[deeplink]

but basic education should be available to all, and probably at all stages in life...

See, I have absolutely no problem with that. And I certainly will not be one to stand in your way when you choose to fund it.

Why would he, if he can vote for people that force you to fund it?