25k coins bought, $10 jump

[Beta-coiner1]

To think,another 25,000 buy would put us at $200.

[phoenix1]

To think,another 25,000 buy would put us at $200.

To think, someone is trying to put it there  ...
Motive ... profit perhaps  ??

[viboracecata]

Produce an up trend and then sell.

[Peter Lambert]

Man, do I regret cashing out $5000 yesterday!
Still, needed the the money. Just how long can one wait, eh?

Nobody spends money with deflating prices, anyone?

But you never know when the price will stop going up, so it is a good idea to spend some now before the price crashes.

It is just like when the price droped to ~ $70 just a little bit ago everybody was saying "only an idiot would be long bitcoins now, sell them while you can!"

[xxjs]

Man, do I regret cashing out $5000 yesterday!
Still, needed the the money. Just how long can one wait, eh?

Nobody spends money with deflating prices, anyone?

It is just like when the price droped to ~ $70 just a little bit ago everybody was saying "only an idiot would be long bitcoins now, sell them while you can!"

Yep and it is like: "Only idiots buy computer components, laptops mobile phones or generally almost any piece of technology or any depreciating asset" i.e. it is all utter nonsense.

$coin = USD
Bernake believes, according to a speech of his, that his monetary policy is somehow just and distributes $coins evenly. In reality, with inflation, the new $coins is distributed to the few. In a deflationary coin, new value is distributed proportionally to all holders. Still not just, think of someone just starting a family who have used all his or her $coins, but it is better.

[niko]

There is an interesting explanation of how money actually appear.

It is based on a simple premise that every entity in the world has a balance sheet.

Every transaction is effectively simply one or more transfer(s) from credit side of the balance sheet of one entity to a debit side of the balance sheet of another entity. No matter how many those transaction are performed overall the amount of money stays the same.

Now let's see how money are created. No matter the way of creation of "money as debt", either the fed loan it to some banks on some terms or a bank obtains a signature of a slave on a mortgage paper or any other method of creation of money as debt, the balance sheet representation of this act is always the same. Money magically appear as an asset on credit side of the lender and the same amount of debt appears as a liability on the debit side of balance sheet of the borrower.

No matter how money move afterwards the end result is the same. Those parties in this lunacy that have privilege of seniorage magically get themselves assets to appear on credit side of the BB while the slaves get the same amount to appear on the debit side of their BB.

This does not strike me as fair, at all. I prefer Bitcoin way of money creation.

It also worth adding that lenders in this case bear no risk whatsoever. Most of slaves will take the game seriously and work hard to create wealth and give it to the lender, interest included. And if they don't - no problem. Just take whatever they bought using your funny money, and don't deal with them further.  And keep telling people how you don't get something for nothing in life 

Wow, did we go off-topic here...!

[xxjs]

There is an interesting explanation of how money actually appear.

It is based on a simple premise that every entity in the world has a balance sheet.

Every transaction is effectively simply one or more transfer(s) from credit side of the balance sheet of one entity to a debit side of the balance sheet of another entity. No matter how many those transaction are performed overall the amount of money stays the same.

Now let's see how money are created. No matter the way of creation of "money as debt", either the fed loan it to some banks on some terms or a bank obtains a signature of a slave on a mortgage paper or any other method of creation of money as debt, the balance sheet representation of this act is always the same. Money magically appear as an asset on credit side of the lender and the same amount of debt appears as a liability on the debit side of balance sheet of the borrower.

No matter how money move afterwards the end result is the same. Those parties in this lunacy that have privilege of seniorage magically get themselves assets to appear on credit side of the BB while the slaves get the same amount to appear on the debit side of their BB.

This does not strike me as fair, at all. I prefer Bitcoin way of money creation.

It also worth adding that lenders in this case bear no risk whatsoever. Most of slaves will take the game seriously and work hard to create wealth and give it to the lender, interest included. And if they don't - no problem. Just take whatever they bought using your funny money, and don't deal with them further.  And keep telling people how you don't get something for nothing in life 

Wow, did we go off-topic here...!

Off topic - yes - but: I wish people would talk about debt money, not money as debt. We have base money (notes and coins) and debt money.

[Carlton Banks]

There is an interesting explanation of how money actually appear.

It is based on a simple premise that every entity in the world has a balance sheet.

Every transaction is effectively simply one or more transfer(s) from credit side of the balance sheet of one entity to a debit side of the balance sheet of another entity. No matter how many those transaction are performed overall the amount of money stays the same.

Now let's see how money are created. No matter the way of creation of "money as debt", either the fed loan it to some banks on some terms or a bank obtains a signature of a slave on a mortgage paper or any other method of creation of money as debt, the balance sheet representation of this act is always the same. Money magically appear as an asset on credit side of the lender and the same amount of debt appears as a liability on the debit side of balance sheet of the borrower.

No matter how money move afterwards the end result is the same. Those parties in this lunacy that have privilege of seniorage magically get themselves assets to appear on credit side of the BB while the slaves get the same amount to appear on the debit side of their BB.

This does not strike me as fair, at all. I prefer Bitcoin way of money creation.

It also worth adding that lenders in this case bear no risk whatsoever. Most of slaves will take the game seriously and work hard to create wealth and give it to the lender, interest included. And if they don't - no problem. Just take whatever they bought using your funny money, and don't deal with them further.  And keep telling people how you don't get something for nothing in life 

Wow, did we go off-topic here...!

Off topic - yes - but: I wish people would talk about debt money, not money as debt. We have base money (notes and coins) and debt money.

The "money as debt" is the ghost of past profligacy coming to haunt us all. It's not currently "real", because the central banks are treating it like a current account overdraft agreement with no terms of repayment. As it stands, nation states can barely afford the interest payments on these loans (aka the euphemistic "sovereign bonds"). But as the conventional wisdom about overdraft facilities goes, what happens when the bank does decide it wants the overdrawn money returned? They are likely to request it whenever they are endangered, and things are looking a little tipping point-ish.

[xxjs]

There is an interesting explanation of how money actually appear.

It is based on a simple premise that every entity in the world has a balance sheet.

Every transaction is effectively simply one or more transfer(s) from credit side of the balance sheet of one entity to a debit side of the balance sheet of another entity. No matter how many those transaction are performed overall the amount of money stays the same.

Now let's see how money are created. No matter the way of creation of "money as debt", either the fed loan it to some banks on some terms or a bank obtains a signature of a slave on a mortgage paper or any other method of creation of money as debt, the balance sheet representation of this act is always the same. Money magically appear as an asset on credit side of the lender and the same amount of debt appears as a liability on the debit side of balance sheet of the borrower.

No matter how money move afterwards the end result is the same. Those parties in this lunacy that have privilege of seniorage magically get themselves assets to appear on credit side of the BB while the slaves get the same amount to appear on the debit side of their BB.

This does not strike me as fair, at all. I prefer Bitcoin way of money creation.

It also worth adding that lenders in this case bear no risk whatsoever. Most of slaves will take the game seriously and work hard to create wealth and give it to the lender, interest included. And if they don't - no problem. Just take whatever they bought using your funny money, and don't deal with them further.  And keep telling people how you don't get something for nothing in life  

Wow, did we go off-topic here...!

Off topic - yes - but: I wish people would talk about debt money, not money as debt. We have base money (notes and coins) and debt money.

The "money as debt" is the ghost of past profligacy coming to haunt us all. It's not currently "real", because the central banks are treating it like a current account overdraft agreement with no terms of repayment. As it stands, nation states can barely afford the interest payments on these loans (aka the euphemistic "sovereign bonds"). But as the conventional wisdom about overdraft facilities goes, what happens when the bank does decide it wants the overdrawn money returned? They are likely to request it whenever they are endangered, and things are looking a little tipping point-ish.

irony: did you just say debt money? /irony
Or did you argue against the naming of the concept?