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

[ChartBuddy]

Coin

Explanation

[1714684014]

1714684014

[1714684014]

1714684014

[1714684014]

1714684014

[1714684014]

1714684014

[findftp]

We're gonna go up $300+ in 3 days. Mark my words.

Did.
Will remind you.

[billyjoeallen]

This hostility you feel towards the state is due to the democratic deficit in the US political system caused by the demonization of the left, intellectual laziness and conformity.

The demonization of the left on Fox News is countered by the demonization of the right and free market in general on CBS, ABC, NBC, MSNBC, CNN and basically Hollywood, New York, and Washington D.C.  

....Europe is a continent.

The EU is a supranantional political and economic union where each country remains sovereign states but in most respects function as a singular economy together. Sweden is a sovereign nation state which also happens to be part of the EU. I don't know how much clearer I can get. If it helps, my interpretation of "the largest economy in the world" is in line with that of The IMF, The World Bank and The CIA World Fact Book (link). The UN still ranks you 1st though.

Sweden isn't even in the Monetary Union. They have their own currency.  Why not use Greece, Italy, Portugal, Ireland or Spain?   Perhaps because Catholic countries lack the protestant work ethic that both Sweden and The U.S. have? (ok, had. Both countries are going to shit at a rapid pace, just not as fast as the PIIGS.)


If I was cherry picking I would pick my own country, Norway, but I don't think it is representative. Not so much because of the fact that it's far more homogeneous, but because its economy is fueled by copious amounts of oil and gas. Sweden is among the most liberal on immigration in Europe and as a result 26.5% of its population are immigrants. The homogeneity of a country is only an issue where racism is such that people don't want to take part in a system where people of another ethnicity might benefit.

Of course, if you think hereditary stalinist totalitarianism is representative for all socialist thought then I guess you don't have to spend any more energy thinking about this stuff.

Congratulations! Argument Won!

Stalinist means socialism.: ok, how about East Germany, Yugoslavia, Cuba, Poland, Russia (Union of Soviet Socialist Republics, Syria, Iraq under Saddam Hussein, Venezuela...

Would it help if I used p2p terminology and refer to it as a "leecher problem"?

Both systems have free riders.  Socialist countries provide healthcare, etc for everyone, regardless of their productivity.  Capitalism has businesses that externalize costs, etc.  There is no real solution to leeches short of exterminating them like the National Socialists did.

[ChartBuddy]

Coin

Explanation

[billyjoeallen]

Perhaps you mean DEMOCRATIC socialism, like the People's DEMOCRATIC Reublic of Korea, Like the People's Republic of China, the Democratic Republic of the Congo, the Lao People's Democratic Republic, and don't forget former East Germany—the German Democratic Republic.

Not THAT kind of democracy. Ok let's be SUPER FAIR and use a European country, the Birthplace of democracy: Greece. The people Elected a PM and a Ruling party specifically to end Austerity. What happened? Austerity. This in spite of a national referendum specifically to reject austerity.  Yeah, democracy!

Democratic Socialism isn't just evil. It doesn't even work. 

You may say it's a perversion of democracy, but what good is a democracy so easily perverted? 

[lemmyK]

It still is. There is no necessary contradiction in a modern social democracy. Why do you think the Swedes didn't bail out SAAB or Volvo like the US bailed out GM and Chrysler?

Yup, just like it's perfectly possible to live a pretty good life with a 3lb tapeworm in your gut. The most successful parasites take a long time to kill the host.

If the tapeworm provides free health care then Bob's your uncle.

http://www.bloomberg.com/news/articles/2015-10-21/hsbc-these-are-the-economies-that-could-run-into-trouble

 

[Richy_T]

It still is. There is no necessary contradiction in a modern social democracy. Why do you think the Swedes didn't bail out SAAB or Volvo like the US bailed out GM and Chrysler?

Yup, just like it's perfectly possible to live a pretty good life with a 3lb tapeworm in your gut. The most successful parasites take a long time to kill the host.

If the tapeworm provides free health care then Bob's your uncle.

"Free"

[tarmi]

don't be so superficial and uneducated.

stalinism does not mean socialism, but - stalinism. there are many forms of socialism, yes. think of those various types of it as implementations of communist ideas in a certain area/state. in the authoritarian east you get stalin, yes, but he does not equal socialism.  

also, there is no such thing in the world as a "catholic country", except for vatican city state. also, majority in greece is orthodox.

about christian ethics read niche.

[oda.krell]

...

You're entirely to moderate and realistically rational for this venue, I'm afraid.

[billyjoeallen]

don't be so superficial and uneducated.

stalinism does not mean socialism, but - stalinism. there are many forms of socialism, yes. think of those various types of it as implementations of communist ideas in a certain area/state. in the authoritarian east you get stalin, yes, but he does not equal socialism.  

also, there is no such thing in the world as a "catholic country", except for vatican city state. also, majority in greece is orthodox.

about christian ethics read niche.

Yeah, I'm not talking religion, but cultures that value hard, productive work and those that don't. Greece is not a Protestant country and certainly has no protestant work ethic.  Northern European countries have better economies than Southern European economies. Their populations, to the degree they are religious at all, are majority protestant, Just like the good ol' U.S. of A. 

Protestantism rejected the authoritarianism of Catholicism and embraced a more individual approach to religion.  This bled over into the cultures and the economies prospered as a result. Socialism threatens to reverse all those gains both here and there.

[Cconvert2G36]

don't be so superficial and uneducated.

stalinism does not mean socialism, but - stalinism. there are many forms of socialism, yes. think of those various types of it as implementations of communist ideas in a certain area/state. in the authoritarian east you get stalin, yes, but he does not equal socialism.  

also, there is no such thing in the world as a "catholic country", except for vatican city state. also, majority in greece is orthodox.

about christian ethics read niche.

Bonus points if you read how his name is spelled on the cover of said tome.

[!! pop]

...
You may say it's a perversion of democracy, but what good is a democracy so easily perverted? 

The fool played right into your hands!
Finish him!

[celebreze32]

I never use an ATM card.

3 times in 20 years.

I's love to use one of the new Bitcoin ATM cards provided by exchanges if they lowered the fees. There's no chance I'm using one as long as they charge a monthly fee just for having one of their cards. If they got rid of that fee and only charged a small fee for POS purchases and ATM withdrawals I'd jump at the chance to get one. I've yet to find a card iike that but it's only a matter of time before one's available.

[tarmi]

Bonus points if you read how his name is spelled on the cover of said tome.

you must be a german.

[Fatman3001]

This hostility you feel towards the state is due to the democratic deficit in the US political system caused by the demonization of the left, intellectual laziness and conformity.

The demonization of the left on Fox News is countered by the demonization of the right and free market in general on CBS, ABC, NBC, MSNBC, CNN and basically Hollywood, New York, and Washington D.C.  

...no. They're more or less right wing as well. Some peer to the center now and then.

....Europe is a continent.

The EU is a supranantional political and economic union where each country remains sovereign states but in most respects function as a singular economy together. Sweden is a sovereign nation state which also happens to be part of the EU. I don't know how much clearer I can get. If it helps, my interpretation of "the largest economy in the world" is in line with that of The IMF, The World Bank and The CIA World Fact Book (link). The UN still ranks you 1st though.

Sweden isn't even in the Monetary Union. They have their own currency.  Why not use Greece, Italy, Portugal, Ireland or Spain?   Perhaps because Catholic countries lack the protestant work ethic that both Sweden and The U.S. have? (ok, had. Both countries are going to shit at a rapid pace, just not as fast as the PIIGS.)

The monetary union is just one layer of the economic union. But your original complaint was that the connection was too close?!? Anyhew, I didn't choose those other countries because I didn't think they were good examples. Four of them have been struggling with right wing extremism, three until quite recently. I guess I could have used Ireland, but I've never been there. I don't know that much about it. But if you want to bash Ireland, go ahead. I seem to remember they were referred to as the celtic tiger economy a while back.

Of course, if you think hereditary stalinist totalitarianism is representative for all socialist thought then I guess you don't have to spend any more energy thinking about this stuff.

Congratulations! Argument Won!

Stalinist means socialism.: ok, how about East Germany, Yugoslavia, Cuba, Poland, Russia (Union of Soviet Socialist Republics, Syria, Iraq under Saddam Hussein, Venezuela...

Congratulations again! All fine examples of modern social democracies! (Poland? Ok, whatever.)

Would it help if I used p2p terminology and refer to it as a "leecher problem"?

Both systems have free riders.  Socialist countries provide healthcare, etc for everyone, regardless of their productivity.  Capitalism has businesses that externalize costs, etc.  There is no real solution to leeches short of exterminating them like the National Socialists did.

Oh, the nazis had the word socialist in their party's name, therefore they must be the pinnacle of socialism.  I hope you are being intellectually dishonest. If not, then this is the perfect example of the political analphabetism mentioned earlier.

[peonminer]

I never use an ATM card.

3 times in 20 years.

I's love to use one of the new Bitcoin ATM cards provided by exchanges if they lowered the fees. There's no chance I'm using one as long as they charge a monthly fee just for having one of their cards. If they got rid of that fee and only charged a small fee for POS purchases and ATM withdrawals I'd jump at the chance to get one. I've yet to find a card iike that but it's only a matter of time before one's available.

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[billyjoeallen]

Sweden has it's own currency. It isn't even in the Monetary Union. To claim Europe's economy is bigger than the U.S. by including them (and presumably Great Britain, Switzerland etc) is disingenuous.  If you include them, then you must also include eastern Europe, the Balkans, etc.

You say our population is large, then how about comparing per capita income? Again, including Turkey, Slovenia, etc.  After tax per capita income makes us Yanks look even better. We made so much money we could afford to bail out Europe and defend your asses when attacked from National SOCIALISTS or threatened by the Union of SOCIALIST Soviet republics. 

Sweden, like America, is coasting. We are enjoying the benefits of the freedoms of earlier, more economically free generations. They built up credit and now we are living off of it. Those benefits are running out. Greece is the Ghosts of Christmas Future.

[QuestionAuthority]

Wonderful, its barely back up to where I bought it at last week.

[!! pop]

... Yeah, I'm not talking religion, but cultures that value hard, productive work and those that don't. Greece is not a Protestant country and certainly has no protestant work ethic.  Northern European countries have better economies than Southern European economies. Their populations, to the degree they are religious at all, are majority protestant ...

... Rand was also a Jew. Smart people, those Hebes. But smart doesn't always mean right. Karl Marx, for example.

If we could only breed a new race of men with North European Puritan work ethic, Jew intellect, and brute animal virility of the Negro (and do this without  mongrelizing)...

http://s28.postimg.org/mmpbxqezh/Capture.png

[billyjoeallen]

Oh, the nazis had the word socialist in their party's name, therefore they must be the pinnacle of socialism.  I hope you are being intellectually dishonest. If not, then this is the perfect example of the political analphabetism mentioned earlier.

Who do you think is the Pinnacle of Socialism?  Countries coasting off of North Sea oil revenues?  Countries relying on NATO for defense? 

We're talking about collectivism vs. individualism.  Take all the victims of all the individual serial killers in the world, add them up and compare the numbers to those murdered by the State and see what you come up with. Hell, take all the murders ever committed by anyone not in a uniform or a robe and stack them up against the victims of Hitler, Stalin, Mao, Hussein, and Pol Pot. 

You claim to care about minorities. The smallest minority is the individual. Care about him.