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

[aminorex]

https://www.cryptocoincharts.info/v2/pair/btc/usd/bitstamp/10-days

bottom of the page

It is not consistent with bitcoinity.org.  Can anyone attest as to which is correct, on the basis of the bitstamp API?

Other than the vague graph at the bottom of the bitcoinity pages, I can't find a bid sum?

Pray tell where it be.

scale out all the way.  mouseover the juncture of the bid total line at zero.

[aminorex]

Equating the impact of the internet on society to that of WWII must be the stupidest thing I have read in this millenium.

The internet has much, much greater impact on society.  Wars just rearrange the administration.  The internet is change in the material basis of human life.

[ChartBuddy]

Explanation

[JorgeStolfi]

The internet has much, much greater impact on society [ than WWII ].  Wars just rearrange the administration.  The internet is change in the material basis of human life.

I suppose so, if your life fits in a bowser's window.

Seriously, I can't believe that you have no idea of what WWII was, and what did to the world.

[bobdude17]

The internet has much, much greater impact on society [ than WWII ].  Wars just rearrange the administration.  The internet is change in the material basis of human life.

I suppose so, if your life fits in a bowser's window.

Seriously, I can't believe that you have no idea of what WWII was, and what did to the world.

With every passing day WWII's impact on the world decreases, while the impact of the Internet does exactly the opposite.

[solex]

PBOC in China has hit out again at virtual payment systems. Can't stop Bitcoin but has scared investors in mainstream companies, also Huobi dipped.

http://www.zerohedge.com/news/2014-03-13/chinese-authorities-halt-virtual-credit-card-payments-tencent-yahoo-crashing

[Adrian-x]

Quote from: KeyserSoze on Today at 07:58:52
Stolfi trying to argue the internet has less impact than French Revolution, World War II, or the end of Apartheid... almost as bad as Richy trying to persuade us the world doesn't need roads.

Seriously Richy is correct, roads and almost all the new world Infrastructure is a result of thinking based of a misunderstanding, it's not that we need or don't need them or think paying tolls are unjust. It's just they may not be as relevant as you think if you correct the original misunderstanding and build from a base of free market and mutual cooperation.

As for the internet it is the typically quintessential information technology of the new age in civilization (well it's nothing without Bitcoin) it changes everything that has shaped our world. Well illustrated by Balaji Srinivasan: http://youtu.be/cOubCHLXT6A

[JorgeStolfi]

With every passing day WWII's impact on the world decreases, while the impact of the Internet does exactly the opposite.

The world *today* makes no sense if you do not know about WWII.

(WWII made no sense either, but we need not go further back because it made no sense at all.  )

[Adrian-x]

Seriously, I can't believe that you have no idea of what WWII was, and what did to the world.

It was a war over collectivist ideologies it catalysed the current economic framework that impoverished billions of people.
The war illustrated that one phase in the Bible may in fact be true."Blessed are the meek: for they shall inherit the earth"

[BubbaGumpShrimpinBoatCapn]

It is steak and blowjob day on the east coast.

Bearish or bullish?

[aminorex]

The internet has much, much greater impact on society [ than WWII ].  Wars just rearrange the administration.  The internet is change in the material basis of human life.

I suppose so, if your life fits in a bowser's window.

Seriously, I can't believe that you have no idea of what WWII was, and what did to the world.

I have a very clear and detailed idea of many wars.  Wars are localized events.  The most permanent effect of that war was the technology which it produced.  It will survive a thousand generations after no one remembers the war.

[JorgeStolfi]

Jorge, please. 
You know that history began with Vietnam, the seventies and colour tv.  Before that the last great world-changing event was the American Civil War (which was 2000 years ago), in the intervening time the world slept and before that it was full of dinosaurs.

Well, *sigh*. 

[KeyserSoze]

Quote from: KeyserSoze on Today at 07:58:52
Stolfi trying to argue the internet has less impact than French Revolution, World War II, or the end of Apartheid... almost as bad as Richy trying to persuade us the world doesn't need roads.

My parents lived in Italy through most of Fascism and World War II.  You arrived here form Mars in late september or early october/2013, did I guess right?

Social, cultural and generational differences Jorge, most of the US posters here have no idea of the impact of war or revolution -- its something that happened on tv or movies -- it is quite tragic. 

I do not buy your emotional argument that a localized war/event has more influence than the global impact of the internet. That a war event contains more combined grief and psychological trauma for the participants/victims than the internet revolution doesn't equate to more global impact.

[Adrian-x]

Jorge, please.  
You know that history began with Vietnam, the seventies and colour tv.  Before that the last great world-changing event was the American Civil War (which was 2000 1000 years ago), in the intervening time the world slept and before that it was full of dinosaurs.

FTFU Jesus walk in American 2000 years ago

But seriously everything today is a result of the very first acts of aggression and plunder of the first collectivist societies, there on out it's cause and effect.  This time we have a change as big as language for the first time wealth storage is globally accessible and plunder proof.

[ChartBuddy]

Explanation

[JayJuanGee]

The war illustrated that one phase in the Bible may in fact be true."Blessed are the meek: for they shall inherit the earth"

Not sure who the 'meek' are meant to be here --- the Allies?

The meek are the ones who invested in bitcoin early.  NOT only did they invest early, but they were also patient enough NOT to sell during times of scaring tactics and accordingly were able to retain enough bitcoin in their wallet(s) in order to wait for the eventual choo choo.

[KeyserSoze]

Seriously Richy is correct, roads and almost all the new world Infrastructure is a result of thinking based of a misunderstanding, it's not that we need or don't need them or think paying tolls are unjust. It's just they may not be as relevant as you think if you correct the original misunderstanding and build from a base of free market and mutual cooperation.

It's like you guys can't even hear yourselves talk. You keep saying, "In this world that I imagine in my head, if things had worked out differently and the US would have developed flying cars before cobblestone, you would easily see what a waste of money roads are. Imagine where else we could have spent money if we didn't have roads!"

Yet in this world we call reality roads allowed us to rise above 3rd world status. I'll leave it to you to google "road importance" and maybe you can begin to understand that we wouldn't have any fucking money at all if we didn't have roads.

Please spend some time learning one of the major reasons Rome was able to rise: The Appian Way.

[aminorex]

We are now sitting on my comprehensive log trendline, which is rising 4 USD daily.

Just about any technology has greater impact on daily human life than any war.  Knitting, game theory, dependency grammar...  These will last.  Now the concept of war, that has had enormous and persistent effects, among them being all the wars of history.

[billyjoeallen]

You have a clever way of pointing at technicalities such as you do NOT want to "run a society."  Who gives a flying fuck whether a person uses the word run or  that the society is running on its own...

Ultimately, the point that I am making is that in the real world apart from your fantasy land of generalities (that supposedly is shared by others with similar visions of grandeur), the societal objectives are NOT going to be met.  ... and net happiness will be down.. even thou some people may feel free an empowered by such a vague societal outline.... b/c supposed individualized liberty will be embraced and respected...   Your whole outline seems much to vague.


And face the reality... you cannot "meet the needs of the helpless" without having various plans that outline such rather than relying on some amorphous concepts of voluntary giving...... and I am quite confident that the helpless will be a much broader category than you are contemplating in your vague outline of principles.

Is this less vague?
System A: 60% of the people vote for a 10% tax to help the needy. Tax collection and funds distribution is 50% efficient so the poor get 5% of society's income.
System B: 60% of the people voluntarily donate 10% to help the needy directly and the poor get 6% of society's income.

The poor are better off under system B but I suspect this is unacceptable to you because helping the poor is less important to you than forcing everyone to conform to your values.

[ChartBuddy]

Explanation