ErisDiscordia
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Imposition of ORder = Escalation of Chaos
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March 12, 2014, 01:37:16 PM |
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...
I think you have found one of your core competencies, sir. You articulate these issues with clarity, and with passionate conviction. If you successfully avoided chest thumping and upsmanship, you could distinguish yourself to lead an army of anarchists to victory. I am reminded: Darkest before dawn. I second this sentiment. I wish I could write with your level of brevity and pertinence. Well done. The wealth disparity a) has always been with us, because it is a prerequisite for a functioning society and/or economy, b) does not matter so much as we are in many ways living in an abundance. Hipster lifestyle costs only a few trinkets, coffee, and digital goods. We already have an overabundance of physical goods in many places.
The current power structures hinder us from moving to the next level, globally. Releasing ourselves from them, quickly solves many of the problems, and also the amount of human labor globally would be reduced by 75-90% and replaced by living.
I am not very good in writing about these things though..
I think you're doing a very good job. Far better than most (myself included) I've had my fill of the eternal debate for now. I'd love to observe some walls, but atm I might as well go paint my own walls and watch the paint dry..
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soullyG
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March 12, 2014, 01:40:22 PM |
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[Suspicious link removed]j.com/article/SB10001424052702303795904579433222564439410.html[/url] High-speed telecommunications provider Perseus Telecom and digital currency trading platform Atlas ATS formally launched Wednesday a globally integrated bitcoin exchange system in New York, Hong Kong and Singapore to facilitate trading in the digital currency by high-frequency trading firms and other large financial institutions.
The two firms' collaboration, first reported last month by The Wall Street Journal, marks a milestone in the evolution of bitcoin out of a retail-oriented, loosely regulated low-tech environment...
Non pay-wall link here
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freebit13
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March 12, 2014, 01:41:16 PM |
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Just a little fyi: my mother has worked at Deloitte's for 25 years and suddenly in the last 2 weeks, questions about bitcoin are appearing on their weekly business acumen quiz email sent round the offices... I see this as a sign that word is getting out in the finance world and they are slowly catching on...
introduced her to Litecoin already? cause BTC is out and only in the hands of criminals That would just be a waste of my time... nobody wants to hear about anything but bitcoin.
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Richy_T
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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March 12, 2014, 01:56:47 PM |
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A Frenchman in Japan? What possible assets could a US judge freeze?
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Richy_T
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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March 12, 2014, 01:58:18 PM |
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Apologies if this has already been posted or opened up for discussion - but what do you all think of the NY regulators proposal to accept applications for regulated bitcoin exchanges in the US? http://www.dfs.ny.gov/about/po_vc_03112014.pdfI think NY is desperate to stop the blood flowing from their high-tax, high-regulation culture.
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soullyG
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March 12, 2014, 02:01:03 PM |
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...
I think you have found one of your core competencies, sir. You articulate these issues with clarity, and with passionate conviction. If you successfully avoided chest thumping and upsmanship, you could distinguish yourself to lead an army of anarchists to victory. I am reminded: Darkest before dawn. I second this sentiment. I wish I could write with your level of brevity and pertinence. Well done. [snip]
I think you're doing a very good job. Far better than most (myself included) I just wanted to chime in as well and say thanks to all posters that contribute high quality posts to this thread (even if it's not always strictly on-topic..but hey, when has this ever been fully on topic ), you really make it worth reading this thread, even after all the junk that fonzie/zyk/mah87 etc post. Although I do still wish people would stop quoting them! Anyway, some names I've noticed include, but aren't limited to: ErisDiscordia, MAbtc, aminorex, rpietila, oda.krell, TERA, mmitech, billyjoeallen, JorgeStolfi, Erdrogan, Ricky_T, ChartBuddy... you are appreciated, at least by me, even if us lurkers don't say it very often
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FlyingLotus
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March 12, 2014, 02:07:28 PM |
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What do we think to the 2.3kBTC@$702 on bfx? Fairly far off at the moment, wonder what their thinking is..
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oda.krell
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March 12, 2014, 02:12:20 PM |
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Just noticed the new volume option on bitcoinwisdom. May I suggest heading over to user/bitcoinwisdom's profile or the official btcwisdom thread and leave a donation. The guy and his website are awesome, imo: he's quick to react to (reasonable) suggestions (the volume(quote) was suggested by me some days ago, he implemented it in *no* time), his website is up and running with high reliability, and it's a breeze to use (like the very intuitive line tool). well worth a small donation /shameless plug
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Grafzep
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March 12, 2014, 02:18:23 PM |
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... to lead an army of anarchists ...
well I LOL'd
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Denton
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March 12, 2014, 02:43:23 PM |
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Just noticed the new volume option on bitcoinwisdom. May I suggest heading over to user/bitcoinwisdom's profile or the official btcwisdom thread and leave a donation. The guy and his website are awesome, imo: he's quick to react to (reasonable) suggestions (the volume(quote) was suggested by me some days ago, he implemented it in *no* time), his website is up and running with high reliability, and it's a breeze to use (like the very intuitive line tool). well worth a small donation /shameless plug I agree completely. I have been using tradingview and was blown away after i found bitcoinwisdom.
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Richy_T
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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March 12, 2014, 02:44:37 PM |
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Richy_T had some good ideas about balancing the budget, cancelling central banks and cutting down on government spending. These are nice, but I'm not sure they're doable. The very structure of the government as an institution prohibits them. Which is why I feel the need for non-governmental alternatives.
To be clear, I agree with you. When you look at the job that lays ahead and the history of the situation, it's a path that inevitably will not be taken. Unfortunately, the alternative is pretty catastrophic collapse with some very nasty consequences. Unless, perhaps, another way presents itself. A way to detach from the sinking ship. I think that's what you're suggesting.
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Richy_T
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March 12, 2014, 02:52:37 PM |
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There are two basic ways to influence behavior; you can use/threaten force or you can persuade.
The problem with people who believe that coercion brings solutions is that when it doesn't the clear implication is that there has not been enough coercion. The endgame for this is unfortunate. There is no reason to assume that a completely voluntary society would have any less competition for social status than our present society. By imposing status costs on free riders and rewarding status to contributors, there is every reason to expect that the net level of public goods would be just as high if not higher without a monopoly government. The difference would be in how those goods were administered and their composition. Contributors would have much more control over how their contributions were distributed with a result of more efficient administration.
http://www.samizdata.net/2013/07/how-charities-used-to-raise-money/
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oda.krell
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March 12, 2014, 02:54:45 PM |
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Just noticed the new volume option on bitcoinwisdom. May I suggest heading over to user/bitcoinwisdom's profile or the official btcwisdom thread and leave a donation. The guy and his website are awesome, imo: he's quick to react to (reasonable) suggestions (the volume(quote) was suggested by me some days ago, he implemented it in *no* time), his website is up and running with high reliability, and it's a breeze to use (like the very intuitive line tool). well worth a small donation /shameless plug I agree completely. I have been using tradingview and was blown away after i found bitcoinwisdom. I use both, tradingview for the long term view and analysis, but I go to btcwisdom daily. Also: trading calculator is fantastic.
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Richy_T
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March 12, 2014, 03:01:27 PM |
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The current power structures hinder us from moving to the next level, globally. Releasing ourselves from them, quickly solves many of the problems, and also the amount of human labor globally would be reduced by 75-90% and replaced by living.
This is a good point. Human productivity has increased by something like a factor of 20 over the last few hundred years. The average working slob should be able to work 1-2 days a week to easily support himself and his family by this metric and yet that productivity has been siphoned off by those who control the finances. Think of that on your commute home.
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adamstgBit
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Trusted Bitcoiner
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March 12, 2014, 03:17:58 PM |
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I'll say it again, and probably every day until Adam agrees, we will remain in hibernation until total bid sum begins to steadily increase.
depth is meaningless it's just a tool used to manipulate. when the cheap coin accumulation is done, price is 1000 and bid sum is increasing rapidly, then its a good time to buy? ....it probably will be safer to buy at that point, you'll be buying into the 10K/BTC pump but i like to think i can spot a good entry point b4 it becomes obvious
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aminorex
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Sine secretum non libertas
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March 12, 2014, 03:23:48 PM |
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I'm liking the way the trend baseline is not much steeper than the long-term log trend baseline. This is the way it should be when the market is driven by fundamentals. Relatively low vol, steady trending. Sadly it never lasts for long. Happily the deviations are exploitable.
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686f646c
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March 12, 2014, 03:28:30 PM |
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http://dealbook.nytimes.com/2014/03/11/a-turnaround-for-bitcoin-at-sxsw/The rapper Nas brought it up during a panel discussion that featured the venture capitalist Ben Horowitz, co-founder of Andreessen Horowitz, a firm that has invested about $50 million in Bitcoin-related start-ups. Mr. Horowitz said he believed Bitcoin was like “the Internet of money.” At one of the most exclusive parties at the conference, hosted by Nas and Mr. Horowitz, the two kibitzed with Fred Ehrsam, the chief executive of Coinbase, a Bitcoin company they have both recently invested in. i wouldn't be surprised if i see bitcoin in rap videos soon
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UnDerDoG81
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March 12, 2014, 03:28:47 PM |
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LTC to tha moon, why? Any reason for this?
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av123
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March 12, 2014, 03:30:43 PM |
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LTC to tha moon, why? Any reason for this?
Supposedly being added to Huobi.
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Richy_T
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March 12, 2014, 03:31:11 PM |
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http://dealbook.nytimes.com/2014/03/11/a-turnaround-for-bitcoin-at-sxsw/The rapper Nas brought it up during a panel discussion that featured the venture capitalist Ben Horowitz, co-founder of Andreessen Horowitz, a firm that has invested about $50 million in Bitcoin-related start-ups. Mr. Horowitz said he believed Bitcoin was like “the Internet of money.” At one of the most exclusive parties at the conference, hosted by Nas and Mr. Horowitz, the two kibitzed with Fred Ehrsam, the chief executive of Coinbase, a Bitcoin company they have both recently invested in. i wouldn't be surprised if i see bitcoin in rap videos soon I think it may be time to write an app that display fake bitcoin balances.
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