Torque
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Activity: 3822
Merit: 5504
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December 13, 2017, 01:51:53 AM |
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Last year I occasionally tuned into a couple of Jeff's Berwick's videos and podcasts. He's pro-Bitcoin and hates the establishment. Like most people, I genuinely liked Jeff's personality and thought he seemed like a nice, honest and straight up guy. That was until I watched these videos. https://www.youtube.com/watch?v=_pXlHrQ6GNMhttps://www.youtube.com/watch?v=v4DW5QOrppUFrom what can be seen on those vids, that guy Jeff is a drunk, druggie, liar, and straight up scammer. A con man. He hides it well.
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lightfoot
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Activity: 3430
Merit: 2530
I fix broken miners. And make holes in teeth :-)
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December 13, 2017, 01:54:49 AM |
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Had a very interesting discussion with a friend who is a financial advisor. I ordered him to buy some bitcoin end of last year and he did and he took me out to dinner as a very small thanks.
Very interesting discussion on the concept of money, digital immigrants, the concept of nation states, and such. Fascinating. But the basic thought that a global currency that can't be manipulated by banks or nations is one that when certain people in the club wake up and think about it are not going to like it much.
Then again it could be like the euro. I'm still thinking about this one, will be for the next few weeks.
Hm.
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bitserve
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Activity: 2072
Merit: 1772
Self made HODLER ✓
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December 13, 2017, 01:56:49 AM |
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What if the decimal place was moved in bitcoin to give a 1:1000 split? If collectively everyone used the term bitcoin for the unit of value we currently call a millibit or mBTC making the total eventual supply 21 billion instead of 21 million, the price currently would be ~$16.70.
It seems to me that the problem of switching to a smaller unit at the moment is that the fees would be more expensive than the same unit of account.  And more importantly it would be a mess coordinating the change in all the exchanges and... now that Bitcoin it is so mainstream how to explain the MSM that Bitcoin has gone from $17000 to $17? A mess.... even an almost unknown coin such as Byteball, which would greatly benefit of that change, would have difficulties doing it. Bitcoin? Forget it. We can keep doing forks as some sort of stock split though 
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gentlemand
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Activity: 2604
Merit: 3090
Welt Am Draht
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December 13, 2017, 02:01:24 AM |
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And more importantly it would be a mess coordinating the change in all the exchanges and... now that Bitcoin it is so mainstream how to explain the MSM that Bitcoin has gone from $17000 to $17? A mess.... even an almost unknown coin such as Byteball, which would greatly benefit of that change, would have difficulties doing it. Bitcoin? Forget it. We can keep doing forks as some sort of stock split though  It's staggeringly too late now. It should've happened in 2009 after a bit of thinking about where it might head once it was up and actually running and about thirty people needed persuading.
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bitserve
Legendary
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Activity: 2072
Merit: 1772
Self made HODLER ✓
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December 13, 2017, 02:04:57 AM |
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Had a very interesting discussion with a friend who is a financial advisor. I ordered him to buy some bitcoin end of last year and he did and he took me out to dinner as a very small thanks.
Very interesting discussion on the concept of money, digital immigrants, the concept of nation states, and such. Fascinating. But the basic thought that a global currency that can't be manipulated by banks or nations is one that when certain people in the club wake up and think about it are not going to like it much.
Then again it could be like the euro. I'm still thinking about this one, will be for the next few weeks.
Hm.
The problem, IMHO, is that in order to maintain stability, growth and social order states NEED to control and somewhat manipulate economy. And they can do that by controlling currency or via taxes. For some reason, population doesn't like taxes so it is easier to manipulate currency which most people doesn't notice. In world with a really decentralized currency (if that is ever possible) expect CRAZY changes in taxation.
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Rosewater Foundation
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December 13, 2017, 02:08:07 AM |
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Futures price just under Wall Observer post count parity. Coincidence? Or are we really the center of the Bitcoin universe?
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jojo69
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Activity: 3626
Merit: 5300
diamond-handed zealot
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December 13, 2017, 02:08:57 AM |
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Futures price just under Wall Observer post count parity. Coincidence? Or are we really the center of the Bitcoin universe?
as it always has been it is the natural order of things
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xhomerx10
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Activity: 4564
Merit: 11062
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December 13, 2017, 02:09:47 AM |
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Pullback. I blame futures.
Just wait till those altcoins start pulling back and all this money flows back into BTCitcoin We're up 200% in a month while still climbing. Give the badger some rest, let the alts have their fun and in a while big mr b will wake up again. Actually, there was a dip in that month... So while it's up over the last 30 days, we're covering some old ground and percentages are deceiving.
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explorer
Legendary
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Activity: 2016
Merit: 1259
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December 13, 2017, 02:10:35 AM |
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Futures price just under Wall Observer post count parity. Coincidence? Or are we really the center of the Bitcoin universe?
Either you meant page count parity, or I slept far longer than I thought...
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Rosewater Foundation
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December 13, 2017, 02:11:34 AM |
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Futures price just under Wall Observer post count parity. Coincidence? Or are we really the center of the Bitcoin universe?
Either you meant page count parity, or I slept far longer than I thought... What a future that would be. 
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explorer
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Activity: 2016
Merit: 1259
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December 13, 2017, 02:12:26 AM |
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Futures price just under Wall Observer post count parity. Coincidence? Or are we really the center of the Bitcoin universe?
Either you meant page count parity, or I slept far longer than I thought... What a future that would be.  Lambos! Lambos for all!
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jojo69
Legendary
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Activity: 3626
Merit: 5300
diamond-handed zealot
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December 13, 2017, 02:12:29 AM |
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The secret is to be frugal in one's extravagance.
looks at newegg cart god DAMMIT Jimbo...sigh
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Torque
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Activity: 3822
Merit: 5504
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December 13, 2017, 02:12:43 AM |
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Futures price just under Wall Observer post count parity. Coincidence? Or are we really the center of the Bitcoin universe?
*peeks outside WO thread at other spec threads, shudders* Sometimes it feels like this WO thread is an island of tropical paradise and truth, floating in a cesspool sea of shit. 
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jojo69
Legendary
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Activity: 3626
Merit: 5300
diamond-handed zealot
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December 13, 2017, 02:18:47 AM |
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Futures price just under Wall Observer post count parity. Coincidence? Or are we really the center of the Bitcoin universe?
*peeks outside WO thread at other spec threads, shudders* Sometimes it feels like this WO thread is an island of tropical paradise and truth, floating in a cesspool sea of shit.  Oh FFS Torque, don't go out there! Last time I went out there I ended up penning an expletive laden rant about Google translate signature campaign posts...totally humiliating in retrospect...don't soil yourself so.
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Rosewater Foundation
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December 13, 2017, 02:19:32 AM |
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Futures price just under Wall Observer post count parity. Coincidence? Or are we really the center of the Bitcoin universe?
*peeks outside WO thread at other spec threads, shudders* Sometimes it feels like this WO thread is an island of tropical paradise and truth, floating in a cesspool sea of shit.  Oh FFS Torque, don't go out there! Last time I went out there I ended up penning an expletive laden rant about Google translate signature campaign posts...totally humiliating in retrospect...don't soil yourself so. One day we'll be overrun. We should have a backup plan.
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Rosewater Foundation
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December 13, 2017, 02:21:11 AM |
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Plan to meet in Cypherdoc's bizarro WO. No one ever uses it. 
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jojo69
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Activity: 3626
Merit: 5300
diamond-handed zealot
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December 13, 2017, 02:25:49 AM |
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actually we are somewhat safe as the sigs don't resolve here, totally down with the disaster plan though 
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bitserve
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Activity: 2072
Merit: 1772
Self made HODLER ✓
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December 13, 2017, 02:26:03 AM |
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374420
That's the number of posts in this single thread.
As it seems we are soon to reach the "WO pages count" milestone -now at 18721- we will need a new target. I propose the "WO posts count" as next milestone.
It could be achivable by end of next year *IF* the exact same rate of price increase doesn't change.
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xhomerx10
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Activity: 4564
Merit: 11062
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December 13, 2017, 02:27:35 AM |
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374420
That's the number of posts in this single thread.
As it seems we are soon to reach the "WO pages count" milestone -now at 18721- we will need a new target. I propose the "WO posts count" as next milestone.
Are we there yet?!
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explorer
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Activity: 2016
Merit: 1259
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December 13, 2017, 02:29:31 AM |
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374420
That's the number of posts in this single thread.
As it seems we are soon to reach the "WO pages count" milestone -now at 18721- we will need a new target. I propose the "WO posts count" as next milestone.
Are we there yet?! Everyone dump a tranche of WO posts, and we can manipulate this bitch to where we want it! WALLSTREET IS HERE!
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