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Author Topic: Gold hits $1600 USD  (Read 985 times)
westkybitcoins
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Firstbits: Compromised. Thanks, Android!


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July 18, 2011, 11:48:57 AM
 #1

Choke on that, Bernanke!  Grin

Prices just keep going up, up, up across the board. But no worries, everyone... after all, inflation is supposed to be good for us!  Roll Eyes

Bitcoin is the ultimate freedom test. It tells you who is giving lip service and who genuinely believes in it.
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In the future, books that summarize the history of money will have a line that says, “and then came bitcoin.” It is the economic singularity. And we are living in it now. - Ryan Dickherber
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ATTENTION BFL MINING NEWBS: Just got your Jalapenos in? Wondering how to get the most value for the least hassle? Give BitMinter a try! It's a smaller pool with a fair & low-fee payment method, lots of statistical feedback, and it's easier than EasyMiner! (Yes, we want your hashing power, but seriously, it IS the easiest pool to use! Sign up in seconds to try it!)
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The idea that deflation causes hoarding (to any problematic degree) is a lie used to justify theft of value from your savings.
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a transaction fee.
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hugolp
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July 18, 2011, 12:01:23 PM
 #2

Choke on that, Bernanke!  Grin

Prices just keep going up, up, up across the board. But no worries, everyone... after all, inflation is supposed to be good for us!  Roll Eyes

Krugman is now trying to defend his denial about inflation by showing charts of sticky prices... And even the sticky prices are going up. Obviously sticky prices are going up slower than non-sticky prices (no shit sherlock), but even sticky prices are going up.

I dont understand how people can keep reading that clown.
GideonGono
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July 18, 2011, 12:07:43 PM
 #3

Choke on that, Bernanke!  Grin

Prices just keep going up, up, up across the board. But no worries, everyone... after all, inflation is supposed to be good for us!  Roll Eyes

Krugman is now trying to defend his denial about inflation by showing charts of sticky prices... And even the sticky prices are going up. Obviously sticky prices are going up slower than non-sticky prices (no shit sherlock), but even sticky prices are going up.

I dont understand how people can keep reading that clown.

Do you have the link? I have a friend who is a krugman fan. I feel like making fun of a Keynesian right now. Tongue

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July 18, 2011, 12:36:45 PM
 #4

Choke on that, Bernanke!  Grin

Prices just keep going up, up, up across the board. But no worries, everyone... after all, inflation is supposed to be good for us!  Roll Eyes

Krugman is now trying to defend his denial about inflation by showing charts of sticky prices... And even the sticky prices are going up. Obviously sticky prices are going up slower than non-sticky prices (no shit sherlock), but even sticky prices are going up.

I dont understand how people can keep reading that clown.

Do you have the link? I have a friend who is a krugman fan. I feel like making fun of a Keynesian right now. Tongue

hxxp://krugman.blogs.nytimes.com/2011/07/15/sticky-note/

Seen here: http://www.economicpolicyjournal.com/2011/07/krugmans-error-of-being-stuck-on-sticky.html
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