cbeast
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Legendary
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Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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October 25, 2014, 07:35:29 AM |
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Yes that's right if you compare to now but in Feudalism, people were no more "slaves" like they were during the Roman Empire.
It was still very hard but they had the right to own land and trade which make a big difference.
The definition of feudalism is a bit muddy, (perfect for politicians) and the traditions varied over time and place (also perfect for politicians, you can claim anything), but generally feudalism is described as farmers not owning the land, the lord did and the vassals rented it in exchange for resources and military duties. You're right, it is hard to define and you're probably the only one here that know a bit about feudalism. But I found it really interesting, especially the high decentralization and the absence of state (as we have nowadays). People are total ignorant when they claim that the social organization did not change in the last 3000 years. But hey, for most Americans, History start 400 years ago or more likely 50 years ago... Go tell Israel they never existed before. |
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"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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DaRude
Legendary
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Activity: 2778
Merit: 1791
In order to dump coins one must have coins
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October 25, 2014, 07:52:36 AM |
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It's unhappening, but right like clock work around 0400 New York time on Friday night
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ShroomsKit
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October 25, 2014, 07:53:01 AM |
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I might take out a big credit loan and buy bitcoin,  All the smart people are getting out. Bitcoin is dead. Can you people seriously not see it? This is the 6th year and it's going nowhere. It already had its peak and it failed. |
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itod
Legendary
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Activity: 1974
Merit: 1076
^ Will code for Bitcoins
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October 25, 2014, 07:54:21 AM |
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No one? Good to know this market is propped up by a few big money players and almost zero grass-roots, organic activity.
that's the way it's going ... though right now they are not big big, just bigger than little guys. Eventually it will be merchant banks and CBs using bitcoin to settle their scores because it is the best solution out there for that particular problem right now, bar none. SWIFT is a mere messaging system and centralised, bitcoin is a quantum leap ahead of SWIFT in value information technology terms. Just be glad that if you have the chops you can get a seat at the big boy table. Do you really think the big boys will let some street boys sit at their table? They'll just re-use blockchain technology and evolve it to their own version as they see fitting. If you think they are just going to shell out billions to a bunch of geeks so they would be able to use such a technology you are greatly mistaken. |
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ShroomsKit
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October 25, 2014, 07:55:19 AM |
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I buy bitcoins with a paycheck, and so I'd rather the price stay as low as possible so that I can keep adding to my savings.
Poor guy. |
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ShroomsKit
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October 25, 2014, 07:56:01 AM |
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Bitcoin price is now lower than it was a year ago. Still, honeybadger don't care. A year is just a number.
Just keep telling yourself that. It will magically go up soon. |
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cbeast
Donator
Legendary
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Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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October 25, 2014, 07:56:17 AM |
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I might take out a big credit loan and buy bitcoin, All the smart people are getting out. Bitcoin is dead. Can you people seriously not see it? This is the 6th year and it's going nowhere. It already had its peak and it failed. Yeah but the funerals are so lovely. Nice folks like you say such nice things everytime Bitcoin dies. |
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1115
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October 25, 2014, 07:57:10 AM |
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I buy bitcoins with a paycheck, and so I'd rather the price stay as low as possible so that I can keep adding to my savings.
Poor guy. This is the big consolidation/denial phase, isn't it? |
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simmo77
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October 25, 2014, 07:57:45 AM |
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It's unhappening, but right like clock work around 0400 New York time on Friday night
Which exchange, Stamp? Is it the same amount of coins each time and same exchange? |
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cbeast
Donator
Legendary
Offline
Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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October 25, 2014, 07:58:11 AM |
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I buy bitcoins with a paycheck, and so I'd rather the price stay as low as possible so that I can keep adding to my savings.
Poor guy. This is the big consolidation/denial phase, isn't it? One of many before and after. |
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janos666
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October 25, 2014, 07:59:45 AM |
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I might take out a big credit loan and buy bitcoin, All the smart people are getting out. Bitcoin is dead. Can you people seriously not see it? This is the 6th year and it's going nowhere. It already had its peak and it failed. I think it's a little too early to declare that. I guess a lot of "smart" people felt they arrived too late and decided to play it safe, so they did not to enter the bubble on it's perceived peak but waited until it started to bursts. They are possibly absorbing the dumped coins now and might will jumpstart another bubble later. In that case, the new bubble must be significantly greater than the last. But I don't say it's not safer to jump out now and keep an eye on Bitcoin from the outside. |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 25, 2014, 08:00:40 AM |
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ShroomsKit
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October 25, 2014, 08:06:00 AM |
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I buy bitcoins with a paycheck, and so I'd rather the price stay as low as possible so that I can keep adding to my savings.
Poor guy. This is the big consolidation/denial phase, isn't it? I hear that every month. And i'll hear it again next month when we are at 250. And at 150 |
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DaRude
Legendary
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Activity: 2778
Merit: 1791
In order to dump coins one must have coins
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October 25, 2014, 08:11:14 AM |
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It's unhappening, but right like clock work around 0400 New York time on Friday night
Which exchange, Stamp? Is it the same amount of coins each time and same exchange? The dumping is coordinated across all exchanges. And i've noticed usually starts around the same time. Think BFX held up like a champ, has the healthiest bid side and it's not running. Looks like lots of people moved fiat there in anticipation of a long squeeze |
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cbeast
Donator
Legendary
Offline
Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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October 25, 2014, 08:22:07 AM |
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I'm no longer afraid of any price dump even though I'm still all in. I liquidated material assets I no longer wanted and will keep buying during these big dips.
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1115
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October 25, 2014, 08:24:03 AM |
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I'm no longer afraid of any price dump even though I'm still all in. I liquidated material assets I no longer wanted and will keep buying during these big dips.
Good luck! |
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Searing
Copper Member
Legendary
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Activity: 2898
Merit: 1464
Clueless!
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October 25, 2014, 08:26:53 AM |
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I'm no longer afraid of any price dump even though I'm still all in. I liquidated material assets I no longer wanted and will keep buying during these big dips.
yeah right now you either believe (or really stupid your choice of viewpoint) or you are already out me still in but it will have to hit 150 usd for me to start to get nervous my problem in all this is the bath I'm gonna take on the NO ROI NO REFUND KNC Titan scrypt miner (sigh) WTF it is only $$$$ but yeah should do the same sell stuff in attic on ebay ..buy BTC..if BTC tanks and goes beanie baby ..now have clear attic fix floor make rec room ...house value goes up the amount i sold of crap in attic ....a wash! (it is that kinda logic that gets me in trouble often...ie see above KNC Titan) |
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fonzie
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October 25, 2014, 08:26:54 AM |
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Bitfinex is dumping the shit out of it. Next stop 330$, but i doubt it will hold for more than a few hours.
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Sitting Bull
Newbie
Offline
Activity: 21
Merit: 0
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October 25, 2014, 08:32:17 AM |
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cbeast
Donator
Legendary
Offline
Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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October 25, 2014, 08:33:13 AM |
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Here's the thing. This is entirely rigged to suck out your coins cheap. Then they will sell your coins to their buddies and watch you panic buy. But there won't be any cheap coins then. I know how that sounds, but real life is just that idiotic and we now have the attention of people with no sense of fairness.
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