macsga
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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February 20, 2015, 01:05:16 PM |
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TLDR: Anyway, having lived under both neocon and socialist-Keynesian governments, I am now all for the latter, sorry. I cannot understand how any country could believe that "austerity" is a good thing. I would vote for Lula and Dilma again if I could. I hope that the new Greece government can be as successful as Lula's -- in spite of not being led by a semi-illiterate mechanics worker...
I am with you. I think they did a good job. Still I wonder, when people will realize, that there is no right or wrong. Most things are right at the right time. A Keynesian government seems just right to increase overall living standards in emerging countries. In the western world the main problem is not raising living standards, but over-consumption of scarce ressources. Reading all these posts concerning Greece, I chose -on purpose- not to reply (especially to those colourful ones from BillyJoeAllen concerning his dreams of buying a Greek island that the government SHOULD sell; 'cause debt  ... ). The above comments are the essence of it all. That's what Syriza administration is looking for and they will -hopefully- manage to get it from the EU. The alternative scenario is (sadly) far worse and will cost a lot more to everybody. Greece will just have to declare a full default and get back to 70s-80s financially - but that's EXACTLY what already happened the last 5 years with the current austerity measures; on the other hand other countries in line will probably follow "the new paradigm" and default to their own private monetary system. Bye Bye EU. Besides, there are a couple of "good will" neighbours that will urge to "help" Greece in exchange for some space in the Aegean... Don't you love (geo)politics? Anyway; today's the day. My bets are that they will figure it out peacefully. |
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empowering
Legendary
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Activity: 1078
Merit: 1441
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February 20, 2015, 01:32:08 PM |
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TLDR: Anyway, having lived under both neocon and socialist-Keynesian governments, I am now all for the latter, sorry. I cannot understand how any country could believe that "austerity" is a good thing. I would vote for Lula and Dilma again if I could. I hope that the new Greece government can be as successful as Lula's -- in spite of not being led by a semi-illiterate mechanics worker...
I am with you. I think they did a good job. Still I wonder, when people will realize, that there is no right or wrong. Most things are right at the right time. A Keynesian government seems just right to increase overall living standards in emerging countries. In the western world the main problem is not raising living standards, but over-consumption of scarce ressources. Reading all these posts concerning Greece, I chose -on purpose- not to reply (especially to those colourful ones from BillyJoeAllen concerning his dreams of buying a Greek island that the government SHOULD sell; 'cause debt ... ). The above comments are the essence of it all. That's what Syriza administration is looking for and they will -hopefully- manage to get it from the EU. The alternative scenario is (sadly) far worse and will cost a lot more to everybody. Greece will just have to declare a full default and get back to 70s-80s financially - but that's EXACTLY what already happened the last 5 years with the current austerity measures; on the other hand other countries in line will probably follow "the new paradigm" and default to their own private monetary system. Bye Bye EU. Besides, there are a couple of "good will" neighbours that will urge to "help" Greece in exchange for some space in the Aegean... Don't you love (geo)politics? Anyway; today's the day. My bets are that they will figure it out peacefully. Hmmm... I wonder what the outcome of today will be... I think at best it will either be a temporary deal 4-6 months, or at worst that no deal was reached at all today and that they are back to the drawing board next week... for a more heightened and even closer to the 28th drama filled negotiations. |
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Ezmoneyezlife
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February 20, 2015, 01:43:11 PM |
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China is creating fake pumps again with their fucking wash volume, i bet the goal is to set the price around 250$ to force longs placement before auction and dump into it few days before it. I bet we're gonna see sub 200$ for couple of days in march.
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LFC_Bitcoin
Legendary
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Activity: 3528
Merit: 9547
#1 VIP Crypto Casino
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February 20, 2015, 01:44:15 PM |
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empowering
Legendary
Offline
Activity: 1078
Merit: 1441
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February 20, 2015, 01:47:28 PM |
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Bullish......
CNN Money Adds Bitcoin Ticker (XBT)
Social osmosis. |
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Ezmoneyezlife
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February 20, 2015, 01:49:44 PM |
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Wow, such ticker, much pump, hasnt it been enough of pump and dump based on coinbase hype? There might be some pump and dump before a pre auction major dump but i doubt its gonna touch even 255$. Reversal will happen only after that auction, no sane man will go long before it ends. |
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LFC_Bitcoin
Legendary
Offline
Activity: 3528
Merit: 9547
#1 VIP Crypto Casino
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February 20, 2015, 01:51:22 PM |
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Ezmoney - I advise you to buy in now.
Gobble up these cheap coins before we go north of 400 USD.
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Fatman3001
Legendary
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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February 20, 2015, 01:52:06 PM |
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TLDR: Anyway, having lived under both neocon and socialist-Keynesian governments, I am now all for the latter, sorry. I cannot understand how any country could believe that "austerity" is a good thing. I would vote for Lula and Dilma again if I could. I hope that the new Greece government can be as successful as Lula's -- in spite of not being led by a semi-illiterate mechanics worker...
I am with you. I think they did a good job. Still I wonder, when people will realize, that there is no right or wrong. Most things are right at the right time. A Keynesian government seems just right to increase overall living standards in emerging countries. In the western world the main problem is not raising living standards, but over-consumption of scarce ressources. Reading all these posts concerning Greece, I chose -on purpose- not to reply (especially to those colourful ones from BillyJoeAllen concerning his dreams of buying a Greek island that the government SHOULD sell; 'cause debt ... ). The above comments are the essence of it all. That's what Syriza administration is looking for and they will -hopefully- manage to get it from the EU. The alternative scenario is (sadly) far worse and will cost a lot more to everybody. Greece will just have to declare a full default and get back to 70s-80s financially - but that's EXACTLY what already happened the last 5 years with the current austerity measures; on the other hand other countries in line will probably follow "the new paradigm" and default to their own private monetary system. Bye Bye EU. Besides, there are a couple of "good will" neighbours that will urge to "help" Greece in exchange for some space in the Aegean... Don't you love (geo)politics? Anyway; today's the day. My bets are that they will figure it out peacefully. Hmmm... I wonder what the outcome of today will be... I think at best it will either be a temporary deal 4-6 months, or at worst that no deal was reached at all today and that they are back to the drawing board next week... for a more heightened and even closer to the 28th drama filled negotiations. No deal will be reached today. EU is consensus driven, and they don't even agree with themselves about what they should agree on. The proposal Greece came up with was designed to provoke a no so that it would look like they had tried to be reasonable or simply to play the ball over to the germans. The germans want to be seen as the voice of reason and that the greeks are being impossible. But the greek offensive is turning the mood surprisingly efficiently. |
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Ezmoneyezlife
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February 20, 2015, 01:53:17 PM |
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Ezmoney - I advise you to buy in now.
Gobble up these cheap coins before we go north of 400 USD.
Sure mate, it would if i would like to get rekt by chinese fake pumps. I wont go long until pre auction dump confirms the rock solid bottom for this year. And i suppose its gonna be 190$ atleast. |
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empowering
Legendary
Offline
Activity: 1078
Merit: 1441
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February 20, 2015, 01:55:06 PM |
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Bullish......
CNN Money Adds Bitcoin Ticker (XBT)
Wow, such ticker, much pump, hasnt it been enough of pump and dump based on coinbase hype? There might be some pump and dump before a pre auction major dump but i doubt its gonna touch even 255$. Reversal will happen only after that auction, no sane man will go long before it ends. yeah man..... CNN are in on it, they are in cahoots with the chinese and with coinbase... shall we dub this the "CNN pump" |
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empowering
Legendary
Offline
Activity: 1078
Merit: 1441
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February 20, 2015, 01:57:23 PM
Last edit: February 20, 2015, 02:12:58 PM by empowering |
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TLDR: Anyway, having lived under both neocon and socialist-Keynesian governments, I am now all for the latter, sorry. I cannot understand how any country could believe that "austerity" is a good thing. I would vote for Lula and Dilma again if I could. I hope that the new Greece government can be as successful as Lula's -- in spite of not being led by a semi-illiterate mechanics worker...
I am with you. I think they did a good job. Still I wonder, when people will realize, that there is no right or wrong. Most things are right at the right time. A Keynesian government seems just right to increase overall living standards in emerging countries. In the western world the main problem is not raising living standards, but over-consumption of scarce ressources. Reading all these posts concerning Greece, I chose -on purpose- not to reply (especially to those colourful ones from BillyJoeAllen concerning his dreams of buying a Greek island that the government SHOULD sell; 'cause debt ... ). The above comments are the essence of it all. That's what Syriza administration is looking for and they will -hopefully- manage to get it from the EU. The alternative scenario is (sadly) far worse and will cost a lot more to everybody. Greece will just have to declare a full default and get back to 70s-80s financially - but that's EXACTLY what already happened the last 5 years with the current austerity measures; on the other hand other countries in line will probably follow "the new paradigm" and default to their own private monetary system. Bye Bye EU. Besides, there are a couple of "good will" neighbours that will urge to "help" Greece in exchange for some space in the Aegean... Don't you love (geo)politics? Anyway; today's the day. My bets are that they will figure it out peacefully. Hmmm... I wonder what the outcome of today will be... I think at best it will either be a temporary deal 4-6 months, or at worst that no deal was reached at all today and that they are back to the drawing board next week... for a more heightened and even closer to the 28th drama filled negotiations. No deal will be reached today. EU is consensus driven, and they don't even agree with themselves about what they should agree on. The proposal Greece came up with was designed to provoke a no so that it would look like they had tried to be reasonable or simply to play the ball over to the germans. The germans want to be seen as the voice of reason and that the greeks are being impossible. But the greek offensive is turning the mood surprisingly efficiently. Indeed (on the most likely outcome =no deal today) |
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Ezmoneyezlife
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February 20, 2015, 01:57:36 PM |
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Bullish......
CNN Money Adds Bitcoin Ticker (XBT)
Wow, such ticker, much pump, hasnt it been enough of pump and dump based on coinbase hype? There might be some pump and dump before a pre auction major dump but i doubt its gonna touch even 255$. Reversal will happen only after that auction, no sane man will go long before it ends. yeah man..... CNN are in on it, they are in cahoots with the chinese and with coinbase... shall we dub this the "CNN pump" No shit man, those riceeaters would gladly dump all their stashes onto your longs like they did on paypal, dell, microsoft, coinbase hypes. |
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samsonn25
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February 20, 2015, 01:58:22 PM |
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Someone is cranking up the hashrate. Bitfury or Knc
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LFC_Bitcoin
Legendary
Offline
Activity: 3528
Merit: 9547
#1 VIP Crypto Casino
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February 20, 2015, 01:59:38 PM |
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I was hoping to buy a couple this weekend.
I hope the price doesn't go up too much until after then.
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 20, 2015, 01:59:40 PM |
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podyx
Legendary
Offline
Activity: 2338
Merit: 1035
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February 20, 2015, 02:08:30 PM |
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Ezmoney - I advise you to buy in now.
Gobble up these cheap coins before we go north of 400 USD.
Sure mate, it would if i would like to get rekt by chinese fake pumps. I wont go long until pre auction dump confirms the rock solid bottom for this year. And i suppose its gonna be 190$ atleast.  |
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oda.krell
Legendary
Offline
Activity: 1470
Merit: 1007
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February 20, 2015, 02:25:52 PM |
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Reading all these posts concerning Greece, I chose -on purpose- not to reply (especially to those colourful ones from BillyJoeAllen concerning his dreams of buying a Greek island that the government SHOULD sell; 'cause debt ... ). The above comments are the essence of it all. That's what Syriza administration is looking for and they will -hopefully- manage to get it from the EU. The alternative scenario is (sadly) far worse and will cost a lot more to everybody. Greece will just have to declare a full default and get back to 70s-80s financially - but that's EXACTLY what already happened the last 5 years with the current austerity measures; on the other hand other countries in line will probably follow "the new paradigm" and default to their own private monetary system. Bye Bye EU. Besides, there are a couple of "good will" neighbours that will urge to "help" Greece in exchange for some space in the Aegean... Don't you love (geo)politics? Anyway; today's the day. My bets are that they will figure it out peacefully. I sympathize with the Greeks. Not just an empty statement, I actually do. What I don't get is what seems to be the pervasive attitude among those who are the most unsatisfied: What can we do about it? Us, the ordinary people, get fucked, while the elite runs the country into the ground.Problem is, since you're a representative democracy, if you don't care who runs the show, the worst ones will be in charge. It's similar to the tax evasion problem, imo: rich people (everywhere, but especially in countries with dysfunctional institutions) use the following as an argument not to pay taxes: "If we'd pay the taxes, they'd go into the bottomless pit that is our inefficient government anyway". And by doing so (evading taxes) they turn it into a self-fulfilling prophecy: no tax income, ineffective state mechanisms, inequality, etc. Maybe I'm generalizing too much over "all Greek people I've talked to", but it seems to be a recurrent theme: the fatalism. |
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Ezmoneyezlife
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February 20, 2015, 02:26:30 PM |
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Ezmoney - I advise you to buy in now.
Gobble up these cheap coins before we go north of 400 USD.
Sure mate, it would if i would like to get rekt by chinese fake pumps. I wont go long until pre auction dump confirms the rock solid bottom for this year. And i suppose its gonna be 190$ atleast.  |
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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February 20, 2015, 02:41:29 PM |
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And by doing so (evading taxes) they turn it into a self-fulfilling prophecy: no tax income, ineffective state mechanisms, inequality, etc.
Maybe I'm generalizing too much over "all Greek people I've talked to", but it seems to be a recurrent theme: the fatalism.
You do, but it's alright. You're probably talking to the wrong Greeks; yeah, there are quite many, I presume. That's why the country ended up in this mess.  |
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