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

[billyjoeallen]

Someone who's done nothing wrong won't pay, so the threat is a waste of energy or letting a wrong doer who's NOT on the hook stay off the hook and pay for his (or her) misdeeds in a different way that possibly causes less collateral damage.

Oh, they'll pay if doing nothing wrong can still get you in trouble. For an extreme example, try being gay in a country where that's illegal and/or will lead to death threats if known.

If you live in a country like that and you think BLACKMAIL is the problem, then I really can't help you. That's so dumb, I can't formulate a response.

Edit: ok, I'll try. You are asking hypothetically, if you live in a society that sanctions evil behavior and punishes morally neutral behavior, is blackmail bad? right? No, it's the sanction of evil behavior (gay bashing) that is bad. without the sanction of evil, blackmail would be effective exclusively against bad behavior.

That's not the question I posed. I am contending that that is EXACTLY the society we live in with regard to adultery and blackmail.  The question is why is blackmail so evil it is outlawed while adultery is tolerated?

Why is blackmail worse than adultery?  Riddle me that. Blackmail can be used in theory to punish the innocent but usually punishes the wrongdoing, where as adultery can in theory be used to punish the wrongdoing of a spouse, but usually punishes the innocent.

A society that punishes Batman but tolerates the Joker is bizzaro world.

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[Fatman3001]

Someone who's done nothing wrong won't pay, so the threat is a waste of energy or letting a wrong doer who's NOT on the hook stay off the hook and pay for his (or her) misdeeds in a different way that possibly causes less collateral damage.

Oh, they'll pay if doing nothing wrong can still get you in trouble. For an extreme example, try being gay in a country where that's illegal and/or will lead to death threats if known.

If you live in a country like that and you think BLACKMAIL is the problem, then I really can't help you. That's so dumb, I can't formulate a response.

This is golden.

I will print it out and hang it on the wall.

[rebuilder]

Oh, they'll pay if doing nothing wrong can still get you in trouble. For an extreme example, try being gay in a country where that's illegal and/or will lead to death threats if known.

If you live in a country like that and you think BLACKMAIL is the problem, then I really can't help you. That's so dumb, I can't formulate a response.

How about a country where what you do in your free time can get you kicked out of your job, because some things are considered crimes although there's no victim?

[billyjoeallen]

Oh, they'll pay if doing nothing wrong can still get you in trouble. For an extreme example, try being gay in a country where that's illegal and/or will lead to death threats if known.

If you live in a country like that and you think BLACKMAIL is the problem, then I really can't help you. That's so dumb, I can't formulate a response.

How about a country where what you do in your free time can get you kicked out of your job, because some things are considered crimes although there's no victim?

Again, that's exactly what I'm asking. In the free market, every trade is win-win or no deal. No victims. One party may benefit more than the other but they both benefit or the trade doesn't happen. There is no "victim" in backmail. Actions have consequences and offering someone a choice as to which consequences they face is a simple business proposal. I'm guessing Bill Clinton would have preferred Linda Tripp make such a proposal. 

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[billyjoeallen]

Well, thankfully husband only had us sell 25%.  (like it or not, he was right about selling.  It is never fun to tell husbands they are right though. LOL)  But we actually cannot buy much back because we have a daughter starting college in a couple weeks.  It is a private university too and we are planning on paying for it all without any loans.  We have most of the year covered but I really hope we have another bubble by the halving next Summer. 

another bubble in Bitcoin or in college tuition? I'm pretty sure you'll get one or the other.


Also, no sympathy in you eating crow. Women only have to tell their husbands they are right when they actually are. For us men, it's different.

[Fatman3001]

Oh, they'll pay if doing nothing wrong can still get you in trouble. For an extreme example, try being gay in a country where that's illegal and/or will lead to death threats if known.

If you live in a country like that and you think BLACKMAIL is the problem, then I really can't help you. That's so dumb, I can't formulate a response.

How about a country where what you do in your free time can get you kicked out of your job, because some things are considered crimes although there's no victim?

Again, that's exactly what I'm asking. In the free market, every trade is win-win or no deal. No victims. One party may benefit more than the other but they both benefit or the trade doesn't happen. There is no "victim" in backmail. Actions have consequences and offering someone a choice as to which consequences they face is a simple business proposal. I'm guessing Bill Clinton would have preferred Linda Tripp make such a proposal. 

I guess this would apply to robbery at gun point as well.

https://www.youtube.com/watch?v=LR3uFfT-qtM

[aztecminer]

bizarro world = people who still think 'interest to infinity' debt slavery and 'trusting in god' for the fed to print money to pay the iou's to the banks from the money the banks paid to the us treasury for iou bonds from the money they got from loaning out 90% of what we deposit into their banks to other people 'interest to inifinity' creating new money so that all of us can slave labor to get some of the ever expanding money supply so we can pay the govy #abusivehightaxes to pay for obamacare and the dividends to the owners of the federal reserve (the banks) is still a valid working experiment.

[billyjoeallen]

You are not living in a "free market" society.  In this society, every trade is not a win-win proposition, unless you consider "give me money, and I won't ruin your life" a win-win.
Blackmailers capitalize on us living in a sub-ideal world.  That's why they're repugnant.

Don't be a blackmailer.

Basic shit that should be self-evident to a three-year-old, yet has to be explained here.

Yes, please do explain. Explain how "You did something so wrong or stupid that it will ruin your life if widely known and I'll not reveal it for a mutually agreed upon price" Equates to what you said. 

Threatening to tell the truth is not a crime. It may be distasteful but free societies do not make good taste mandatory. Those who seek to impose their tastes on others by threat of force are no different from the gay bashers except in degree.

Yes, I know we don't live in a free society. That's why I brought this up. Kinda my whole point.

[billyjoeallen]

Oh, they'll pay if doing nothing wrong can still get you in trouble. For an extreme example, try being gay in a country where that's illegal and/or will lead to death threats if known.

If you live in a country like that and you think BLACKMAIL is the problem, then I really can't help you. That's so dumb, I can't formulate a response.

How about a country where what you do in your free time can get you kicked out of your job, because some things are considered crimes although there's no victim?

Again, that's exactly what I'm asking. In the free market, every trade is win-win or no deal. No victims. One party may benefit more than the other but they both benefit or the trade doesn't happen. There is no "victim" in backmail. Actions have consequences and offering someone a choice as to which consequences they face is a simple business proposal. I'm guessing Bill Clinton would have preferred Linda Tripp make such a proposal. 

I guess this would apply to robbery at gun point as well.

https://www.youtube.com/watch?v=LR3uFfT-qtM

I already addressed the difference. It's not my fault if you jump in the middle and think you've made some profound point.

[Fatman3001]

Oh, they'll pay if doing nothing wrong can still get you in trouble. For an extreme example, try being gay in a country where that's illegal and/or will lead to death threats if known.

If you live in a country like that and you think BLACKMAIL is the problem, then I really can't help you. That's so dumb, I can't formulate a response.

How about a country where what you do in your free time can get you kicked out of your job, because some things are considered crimes although there's no victim?

Again, that's exactly what I'm asking. In the free market, every trade is win-win or no deal. No victims. One party may benefit more than the other but they both benefit or the trade doesn't happen. There is no "victim" in backmail. Actions have consequences and offering someone a choice as to which consequences they face is a simple business proposal. I'm guessing Bill Clinton would have preferred Linda Tripp make such a proposal. 

I guess this would apply to robbery at gun point as well.

https://www.youtube.com/watch?v=LR3uFfT-qtM

I already addressed the difference. It's not my fault if you jump in the middle and think you've made some profound point.

It was by no means meant to be profound, it's just a bit difficult to follow your mind sometimes.

https://www.youtube.com/watch?v=26hOn4KYjyA

[billyjoeallen]

bizarro world = people who still think 'interest to infinity' debt slavery and 'trusting in god' for the fed to print money to pay the iou's to the banks from the money the banks paid to the us treasury for iou bonds from the money they got from loaning out 90% of what we deposit into their banks to other people 'interest to inifinity' creating new money so that all of us can slave labor to get some of the ever expanding money supply so we can pay the govy #abusivehightaxes to pay for obamacare and the dividends to the owners of the federal reserve (the banks) is still a valid working experiment.

Good point. Thanks for getting us back on track. I wish I knew which economist said something like "it's insanity to give power to those who pay no consequence for being wrong."

[xyzzy099]

Good point. Thanks for getting us back on track. I wish I knew which economist said something like "it's insanity to give power to those who pay no consequence for being wrong."

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.
Thomas Sowell

[billyjoeallen]

Good point. Thanks for getting us back on track. I wish I knew which economist said something like "it's insanity to give power to those who pay no consequence for being wrong."

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.
Thomas Sowell

Thank you. He said it better than I did. That's why he gets paid to write and I don't.

Edit: Does this apply to the block size controversy? The FDA approves far less drugs than get denied approval and as a consequence far more people die from lack of appropriate medicine than are saved by protection from harmful medication, but because they only get credit for those they save and not those they kill, the FDA pays no price for being wrong. None of the core devs have been successful at getting their scalability fix implemented (so far), but they can truthfully point out all the downsides of the trade-offs of the other proposals and prevent those fixes from also being implemented.  There is a bias in the decision-making process similar to that of the FDA.  

It's impossible to measure lost opportunity, but we know how much time has been lost. Is being lost. The rate is sixty seconds a minute, 24 hours a day.

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[ghandi]

For when is the next dump scheduled?

[lemmyK]

I figured it out.
Dropping the price of Bitcoin predicted the world's first falling on the stock exchange in New York these days. JUST right now apple
-5.3%
microsoft -2.32  tesla -4.64  Facebook -5.02 google -2.808 .....  

Of course it has something from China and it predicts that they  will buy less....

those people who are behind Bitcoin, they know that what  came todays big fall in China and then to exchange anywhere in the West.

chess mat for Europe and Germany are emigrants. in 10-15 years the price of the euro will in half-what means even less money for Russian oil and minerals .. and what will be possible indication that the Russian bear go crazy completely..

will be strong only country which does not add emigrants and far from russia..... USA, Canada, Australia with the uncompromising immigration policy. NZ is buried in the problem of the economy. There is a huge problem to find a job, medical care , chinese drop price of NZ milk products..etc
asean countries have much people power  but low economy and hi coruption and slavery in this times still..its bad for economy.middle class..
wich emigrants i mean and religions ..hope you get to head

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