[UNO] Unobtanium Info & Discussion - Merge Mine w/BTC! - Update NOW to qt 0.11.5

[IMZ]

Goodness, cragv. No need to apologise. I'd like to discuss the issue at length, actually.

And True Cryptonaire: 'If the trust issues can be done somehow without governement, so by all means let's do it.' Gotta be, I think. You would really really enjoy a BBC documentary titled 'The Trap,' which examines the relationship between game theory and world politics and classical social-democratist and neo-liberal politics.

M

[1714098343]

1714098343

[1714098343]

1714098343

[cragv]

If the trust issues can be done somehow without governement, so by all means let's do it.

You've basically outlined the reason for the existence of the Un-Ex. Welcome


--
@IMZ, thanks bloke. Really looking forward to catching up with you again soon. Long overdue. Have been hugely overloaded this past week. Talk soon!

[Korlic]

We're on the verge of a massively unprecedented economic collapse, why the hell would anybody think this is a good time to invest in the stock market? I'm only interested in land, food, water purification, 3d printers, and cryptos. Everything else is an illusion.

[TrueCryptonaire]

We're on the verge of a massively unprecedented economic collapse, why the hell would anybody think this is a good time to invest in the stock market? I'm only interested in land, food, water purification, 3d printers, and cryptos. Everything else is an illusion.

Actually some economies has already started to recover (USA especially).
Stock markets for speculators might be bad places to invest now but if you are looking for dividend income for the rest of your life, there are some good stocks to buy.
Advantage of a dividend paying stock over land for instance is that once you have purchased a stock you just enjoy the dividend income for the rest of your life pretty much while land you need to cultivate or rent for some other people (read: more hassle).
A dividend paying stock portfolio is kind of "extra salary" for you. I know it sounds much much more boring than exciting crypto world or 3d printers etc but it is all about how one can become financially free at some point of a life once your dividend paying stock portfolio is paying enough of dividends.

My original idea was to build a small dividend income which will be led to Unobtanium "for ever at any given price" thus enabling at some point very high price for 1 UNO.

[TrueCryptonaire]

Goodness, cragv. No need to apologise. I'd like to discuss the issue at length, actually.

And True Cryptonaire: 'If the trust issues can be done somehow without governement, so by all means let's do it.' Gotta be, I think. You would really really enjoy a BBC documentary titled 'The Trap,' which examines the relationship between game theory and world politics and classical social-democratist and neo-liberal politics.

M

Thank you.
I will try to find that documentary, perhaps it is on youtube or netflix?

[Korlic]

We're on the verge of a massively unprecedented economic collapse, why the hell would anybody think this is a good time to invest in the stock market? I'm only interested in land, food, water purification, 3d printers, and cryptos. Everything else is an illusion.

Actually some economies has already started to recover (USA especially).

  You're living under a rock my friend.

[TrueCryptonaire]

We're on the verge of a massively unprecedented economic collapse, why the hell would anybody think this is a good time to invest in the stock market? I'm only interested in land, food, water purification, 3d printers, and cryptos. Everything else is an illusion.

Actually some economies has already started to recover (USA especially).

  You're living under a rock my friend.

No as an economics major, I am living up to date. Here is the most recent growth number from USA - 2.5 %.

http://www.tradingeconomics.com/united-states/indicators

[SgtMoth]

We're on the verge of a massively unprecedented economic collapse, why the hell would anybody think this is a good time to invest in the stock market? I'm only interested in land, food, water purification, 3d printers, and cryptos. Everything else is an illusion.

Actually some economies has already started to recover (USA especially).
Stock markets for speculators might be bad places to invest now but if you are looking for dividend income for the rest of your life, there are some good stocks to buy.
Advantage of a dividend paying stock over land for instance is that once you have purchased a stock you just enjoy the dividend income for the rest of your life pretty much while land you need to cultivate or rent for some other people (read: more hassle).
A dividend paying stock portfolio is kind of "extra salary" for you. I know it sounds much much more boring than exciting crypto world or 3d printers etc but it is all about how one can become financially free at some point of a life once your dividend paying stock portfolio is paying enough of dividends.

My original idea was to build a small dividend income which will be led to Unobtanium "for ever at any given price" thus enabling at some point very high price for 1 UNO.

http://www.zerohedge.com/news/2015-02-23/ex-plunge-protection-team-whistleblower-governments-control-markets-there-no-price-d

If some economies were actually recovering the fed would be raising interest rates.  With the falling oil price, things will get much worse.

http://www.silverdoctors.com/us-governments-new-rule-allows-banks-to-completely-make-sht-up/


http://www.silverdoctors.com/meet-the-bureaucrat-who-had-the-courage-to-tell-the-truth-and-probably-wont-have-a-job-tomorrow/

http://www.blacklistednews.com/DOJ_Investigating_Bank_Gold_Manipulation/42130/0/38/38/Y/M.html

http://www.blacklistednews.com/Bail-Ins_have_begun%3A__J.P._Morgan_to_Start_Charging_On_Some_Deposits/42126/0/38/38/Y/M.html
srry cant see entire article

http://www.euractiv.com/sections/europes-east/azerbaijan-devalues-currency-third-over-falling-oil-price-312339


...and on a side note.  I work in the oil industry here in Canada.  Ive worked a total of 10 days this month.  Lots of people have been laid-off up here.  Over the last 5 years there has been a massive boom up here, people building huge homes($300 000-$500 000)  Most people live for cheque to cheque and live the high life.  In 6 months, things are going to be different.  If you want to believe the bs that the government and msm is telling you, go ahead.  Remember, in 2008, nobody seen that coming

The whole system is lying to us.  If I am wrong, someone please correct me.  Here is an example of the MASSIVE corruption.  There are roughly 33 million people living in Canada.  Say 5 million people are working full time(im sure this number is higher, but lets be conservative.)  I dont make much money, but I do pay about 10 000/year to income tax(again being conservative, I pay much more) but for this example, lets use 5000 and lets assume the 5 million are paying the same.  5 000 000 x 5 000 =$ 25 000 000 000.  My government is in debt!??  Now, lets talk about other taxes, PST-provincial tax, GST-good and service tax, customs tax, fuel tax, fk everything is basically taxed.  Somebody please tell me where all this money is going??  

*government collects alot more taxes then said(businesses)
*the economy should be PUKING in profit, but its not allowed to

[Korlic]

Have you ignored the news completely lately? http://www.washingtonpost.com/blogs/wonkblog/wp/2015/02/18/a-labor-dispute-slowed-americas-ports-to-halt-but-theres-an-even-bigger-problem/

https://www.youtube.com/watch?v=RGDSWSuLpiQ - Jim Rickard's 5 Catalysts That Will Trigger an Economic Collapse

It might be time for you to find a new professor.

And let's not even get into America's score on happiness, education or infrastructure. I'll give ya a hint, it's shit.

[TrueCryptonaire]

We're on the verge of a massively unprecedented economic collapse, why the hell would anybody think this is a good time to invest in the stock market? I'm only interested in land, food, water purification, 3d printers, and cryptos. Everything else is an illusion.

Actually some economies has already started to recover (USA especially).
Stock markets for speculators might be bad places to invest now but if you are looking for dividend income for the rest of your life, there are some good stocks to buy.
Advantage of a dividend paying stock over land for instance is that once you have purchased a stock you just enjoy the dividend income for the rest of your life pretty much while land you need to cultivate or rent for some other people (read: more hassle).
A dividend paying stock portfolio is kind of "extra salary" for you. I know it sounds much much more boring than exciting crypto world or 3d printers etc but it is all about how one can become financially free at some point of a life once your dividend paying stock portfolio is paying enough of dividends.

My original idea was to build a small dividend income which will be led to Unobtanium "for ever at any given price" thus enabling at some point very high price for 1 UNO.

http://www.zerohedge.com/news/2015-02-23/ex-plunge-protection-team-whistleblower-governments-control-markets-there-no-price-d

If some economies were actually recovering the fed would be raising interest rates.  With the falling oil price, things will get much worse.

http://www.silverdoctors.com/us-governments-new-rule-allows-banks-to-completely-make-sht-up/


http://www.silverdoctors.com/meet-the-bureaucrat-who-had-the-courage-to-tell-the-truth-and-probably-wont-have-a-job-tomorrow/

http://www.blacklistednews.com/DOJ_Investigating_Bank_Gold_Manipulation/42130/0/38/38/Y/M.html

http://www.blacklistednews.com/Bail-Ins_have_begun%3A__J.P._Morgan_to_Start_Charging_On_Some_Deposits/42126/0/38/38/Y/M.html
srry cant see entire article

http://www.euractiv.com/sections/europes-east/azerbaijan-devalues-currency-third-over-falling-oil-price-312339


...and on a side note.  I work in the oil industry here in Canada.  Ive worked a total of 10 days this month.  Lots of people have been laid-off up here.  Over the last 5 years there has been a massive boom up here, people building huge homes($300 000-$500 000)  Most people live for cheque to cheque and live the high life.  In 6 months, things are going to be different.  If you want to believe the bs that the government and msm is telling you, go ahead.  Remember, in 2008, nobody seen that coming

The whole system is lying to us.  If I am wrong, someone please correct me.  Here is an example of the MASSIVE corruption.  There are roughly 33 million people living in Canada.  Say 5 million people are working full time(im sure this number is higher, but lets be conservative.)  I dont make much money, but I do pay about 10 000/year to income tax(again being conservative, I pay much more) but for this example, lets use 5000 and lets assume the 5 million are paying the same.  5 000 000 x 5 000 =$ 25 000 000 000.  My government is in debt!??  Now, lets talk about other taxes, PST-provincial tax, GST-good and service tax, customs tax, fuel tax, fk everything is basically taxed.  Somebody please tell me where all this money is going??  

Oil price has dropped significiantly but this should be good for US economy.
Not for the producers of oil but for the consumers of oil, their purchasing power is increasing which will stimulate the consumption (US is still consumption driven economy).
Things are in many ways better now than in 2007-2008. Those years were time before the collapse, now we are living in the time after the collapse.
Sure the average Joe cannot notice the growth immediately (just like the Quantitative easining needs some time to stimulate the real economy) but if we get a few years (1-3 yrs) in a row this growth rate you will notice also the difference.
I am personally glad for Americans that Ben Bernanke started the QE in an aggressive way, thanks to it we now see the growth aftetr some time they did the QEs.
ECB had on the other the completely different approach, they were scared to death of small increase in inflation and thanks to this fear we are still living in bad economy. Just now the ECB is waking up as they see those statistics from USA and now they started QEs here also.. It takes some time that this new money enters to the real economy so we need to waite here in Europe while USA is enjoying normal growth rates.

[SgtMoth]

the biggest sign that the us economy is in massive trouble

http://www.usdebtclock.org/

[SgtMoth]

We're on the verge of a massively unprecedented economic collapse, why the hell would anybody think this is a good time to invest in the stock market? I'm only interested in land, food, water purification, 3d printers, and cryptos. Everything else is an illusion.

Actually some economies has already started to recover (USA especially).
Stock markets for speculators might be bad places to invest now but if you are looking for dividend income for the rest of your life, there are some good stocks to buy.
Advantage of a dividend paying stock over land for instance is that once you have purchased a stock you just enjoy the dividend income for the rest of your life pretty much while land you need to cultivate or rent for some other people (read: more hassle).
A dividend paying stock portfolio is kind of "extra salary" for you. I know it sounds much much more boring than exciting crypto world or 3d printers etc but it is all about how one can become financially free at some point of a life once your dividend paying stock portfolio is paying enough of dividends.

My original idea was to build a small dividend income which will be led to Unobtanium "for ever at any given price" thus enabling at some point very high price for 1 UNO.

http://www.zerohedge.com/news/2015-02-23/ex-plunge-protection-team-whistleblower-governments-control-markets-there-no-price-d

If some economies were actually recovering the fed would be raising interest rates.  With the falling oil price, things will get much worse.

http://www.silverdoctors.com/us-governments-new-rule-allows-banks-to-completely-make-sht-up/


http://www.silverdoctors.com/meet-the-bureaucrat-who-had-the-courage-to-tell-the-truth-and-probably-wont-have-a-job-tomorrow/

http://www.blacklistednews.com/DOJ_Investigating_Bank_Gold_Manipulation/42130/0/38/38/Y/M.html

http://www.blacklistednews.com/Bail-Ins_have_begun%3A__J.P._Morgan_to_Start_Charging_On_Some_Deposits/42126/0/38/38/Y/M.html
srry cant see entire article

http://www.euractiv.com/sections/europes-east/azerbaijan-devalues-currency-third-over-falling-oil-price-312339


...and on a side note.  I work in the oil industry here in Canada.  Ive worked a total of 10 days this month.  Lots of people have been laid-off up here.  Over the last 5 years there has been a massive boom up here, people building huge homes($300 000-$500 000)  Most people live for cheque to cheque and live the high life.  In 6 months, things are going to be different.  If you want to believe the bs that the government and msm is telling you, go ahead.  Remember, in 2008, nobody seen that coming

The whole system is lying to us.  If I am wrong, someone please correct me.  Here is an example of the MASSIVE corruption.  There are roughly 33 million people living in Canada.  Say 5 million people are working full time(im sure this number is higher, but lets be conservative.)  I dont make much money, but I do pay about 10 000/year to income tax(again being conservative, I pay much more) but for this example, lets use 5000 and lets assume the 5 million are paying the same.  5 000 000 x 5 000 =$ 25 000 000 000.  My government is in debt!??  Now, lets talk about other taxes, PST-provincial tax, GST-good and service tax, customs tax, fuel tax, fk everything is basically taxed.  Somebody please tell me where all this money is going??  

Oil price has dropped significiantly but this should be good for US economy.
Not for the producers of oil but for the consumers of oil, their purchasing power is increasing which will stimulate the consumption (US is still consumption driven economy).
Things are in many ways better now than in 2007-2008. Those years were time before the collapse, now we are living in the time after the collapse.
Sure the average Joe cannot notice the growth immediately (just like the Quantitative easining needs some time to stimulate the real economy) but if we get a few years (1-3 yrs) in a row this growth rate you will notice also the difference.
I am personally glad for Americans that Ben Bernanke started the QE in an aggressive way, thanks to it we now see the growth aftetr some time they did the QEs.
ECB had on the other the completely different approach, they were scared to death of small increase in inflation and thanks to this fear we are still living in bad economy. Just now the ECB is waking up as they see those statistics from USA and now they started QEs here also.. It takes some time that this new money enters to the real economy so we need to waite here in Europe while USA is enjoying normal growth rates.

bs, In 2008, I was working full time, making more money!  They did the same thing in the 1920-30, they thought they could spend their way out of it.  Everyone is printing fiat like its going out of style, currency wars.  Hyperinflation is coming, wait till china starts dumping.  http://www.zerohedge.com/news/2015-02-18/russia-dumps-most-us-paper-ever-china-reduces-treasurys-holdings-january-2013-levels 
All the money their printing is going straight in the markets, its not a real recovery!

[TrueCryptonaire]

the biggest sign that the us economy is in massive trouble

http://www.usdebtclock.org/

Now you are assuming that the public debt is similar to the private debt.
USA do not need ever to repay their debt (why should they - after all it is just a figure on the graph).
In a private household on the other hand, debt is something that you need to repay at some reasonable schedule.

I am not too worried about the debt, I am more worried if this GDP growth continue this good for next few years so that the average Joes are able to see the difference, too.  
I have no reason to believe it will not continue like this.

[TrueCryptonaire]

We're on the verge of a massively unprecedented economic collapse, why the hell would anybody think this is a good time to invest in the stock market? I'm only interested in land, food, water purification, 3d printers, and cryptos. Everything else is an illusion.

Actually some economies has already started to recover (USA especially).
Stock markets for speculators might be bad places to invest now but if you are looking for dividend income for the rest of your life, there are some good stocks to buy.
Advantage of a dividend paying stock over land for instance is that once you have purchased a stock you just enjoy the dividend income for the rest of your life pretty much while land you need to cultivate or rent for some other people (read: more hassle).
A dividend paying stock portfolio is kind of "extra salary" for you. I know it sounds much much more boring than exciting crypto world or 3d printers etc but it is all about how one can become financially free at some point of a life once your dividend paying stock portfolio is paying enough of dividends.

My original idea was to build a small dividend income which will be led to Unobtanium "for ever at any given price" thus enabling at some point very high price for 1 UNO.

http://www.zerohedge.com/news/2015-02-23/ex-plunge-protection-team-whistleblower-governments-control-markets-there-no-price-d

If some economies were actually recovering the fed would be raising interest rates.  With the falling oil price, things will get much worse.

http://www.silverdoctors.com/us-governments-new-rule-allows-banks-to-completely-make-sht-up/


http://www.silverdoctors.com/meet-the-bureaucrat-who-had-the-courage-to-tell-the-truth-and-probably-wont-have-a-job-tomorrow/

http://www.blacklistednews.com/DOJ_Investigating_Bank_Gold_Manipulation/42130/0/38/38/Y/M.html

http://www.blacklistednews.com/Bail-Ins_have_begun%3A__J.P._Morgan_to_Start_Charging_On_Some_Deposits/42126/0/38/38/Y/M.html
srry cant see entire article

http://www.euractiv.com/sections/europes-east/azerbaijan-devalues-currency-third-over-falling-oil-price-312339


...and on a side note.  I work in the oil industry here in Canada.  Ive worked a total of 10 days this month.  Lots of people have been laid-off up here.  Over the last 5 years there has been a massive boom up here, people building huge homes($300 000-$500 000)  Most people live for cheque to cheque and live the high life.  In 6 months, things are going to be different.  If you want to believe the bs that the government and msm is telling you, go ahead.  Remember, in 2008, nobody seen that coming

The whole system is lying to us.  If I am wrong, someone please correct me.  Here is an example of the MASSIVE corruption.  There are roughly 33 million people living in Canada.  Say 5 million people are working full time(im sure this number is higher, but lets be conservative.)  I dont make much money, but I do pay about 10 000/year to income tax(again being conservative, I pay much more) but for this example, lets use 5000 and lets assume the 5 million are paying the same.  5 000 000 x 5 000 =$ 25 000 000 000.  My government is in debt!??  Now, lets talk about other taxes, PST-provincial tax, GST-good and service tax, customs tax, fuel tax, fk everything is basically taxed.  Somebody please tell me where all this money is going??  

Oil price has dropped significiantly but this should be good for US economy.
Not for the producers of oil but for the consumers of oil, their purchasing power is increasing which will stimulate the consumption (US is still consumption driven economy).
Things are in many ways better now than in 2007-2008. Those years were time before the collapse, now we are living in the time after the collapse.
Sure the average Joe cannot notice the growth immediately (just like the Quantitative easining needs some time to stimulate the real economy) but if we get a few years (1-3 yrs) in a row this growth rate you will notice also the difference.
I am personally glad for Americans that Ben Bernanke started the QE in an aggressive way, thanks to it we now see the growth aftetr some time they did the QEs.
ECB had on the other the completely different approach, they were scared to death of small increase in inflation and thanks to this fear we are still living in bad economy. Just now the ECB is waking up as they see those statistics from USA and now they started QEs here also.. It takes some time that this new money enters to the real economy so we need to waite here in Europe while USA is enjoying normal growth rates.

bs, In 2008, I was working full time, making more money!  They did the same thing in the 1920-30, they thought they could spend their way out of it.  Everyone is printing fiat like its going out of style, currency wars.  Hyperinflation is coming, wait till china starts dumping.  http://www.zerohedge.com/news/2015-02-18/russia-dumps-most-us-paper-ever-china-reduces-treasurys-holdings-january-2013-levels  
All the money their printing is going straight in the markets, its not a real recovery!

The most recent GDP growth rate from USA is 2.5 %.
Unfortunately some industries are worse still than 2007-2008 but overall, the worst looks to be over.

[SgtMoth]

How happy do you think china is that United states is naked selling gold, driving the price down.  China's coming off Chinese  new year(or whatever)  Part-time job creation isnt a recovery, most people arent even looking for job because there is no jobs.  Go to the store and try to find things made in canada or US.  They are hard to find, most things are made in china.  Free trade and nafta are killing us.  Canada's manufaction in Ontario is dying.  People are moving from the East to the West looking for jobs, yet our government keeps bringing in immigrants.  What about the millions obama has let in to the states?  Where are they going to work?  What about all the things hes promised them, who will pay for it.  Obamacare, whos going to pay for that.  What about the rich leaving the states?

[BitcoinNational]

show me a better 365day chart ...
btc? nope
ltc? nope

includes the woolong pump and still looks good

[SgtMoth]

the biggest sign that the us economy is in massive trouble

http://www.usdebtclock.org/

Now you are assuming that the public debt is similar to the private debt.
USA do not need ever to repay their debt (why should they - after all it is just a figure on the graph).
In a private household on the other hand, debt is something that you need to repay at some reasonable schedule.

I am not too worried about the debt, I am more worried if this GDP growth continue this good for next few years so that the average Joes are able to see the difference, too.  
I have no reason to believe it will not continue like this.

The elephant in the room is the commerial debt.  Nobody's going to invest in US anymore, why should they.  The government's putting backdoors in ALL the technology.  Nasa used to bring in billions is innovation, whats is doing now?  Relying on russia to get to space.  All the sanctions are doing is making russia create another COMPETING swift system.  They will never look back.  Brics nations dont need america anymore, why they caused the financial meltdown.

[vector.iso]

How happy do you think china is that United states is naked selling gold, driving the price down.  China's coming off Chinese  new year(or whatever)  Part-time job creation isnt a recovery, most people arent even looking for job because there is no jobs.  Go to the store and try to find things made in canada or US.  They are hard to find, most things are made in china.  Free trade and nafta are killing us.  Canada's manufaction in Ontario is dying.  People are moving from the East to the West looking for jobs, yet our government keeps bringing in immigrants.  What about the millions obama has let in to the states?  Where are they going to work?  What about all the things hes promised them, who will pay for it.  Obamacare, whos going to pay for that.  What about the rich leaving the states?

there's two handfulls of jobs everywhere i turn in northern california. every moderately capable person i know around here is in a position of power at their high paying job.  

Things may be fucked for Joe Canada up in Edmonton or Winnepeg or St John's but that doesn't mean there are "no jobs."  It just means people have to get out of their comfort zones and head to the big cities, or they need to do more to live off the land.  And no offense personally, but oil needs to go away for good starting last year.

[TrueCryptonaire]

How happy do you think china is that United states is naked selling gold, driving the price down.  China's coming off Chinese  new year(or whatever)  Part-time job creation isnt a recovery, most people arent even looking for job because there is no jobs.  Go to the store and try to find things made in canada or US.  They are hard to find, most things are made in china.  Free trade and nafta are killing us.  Canada's manufaction in Ontario is dying.  People are moving from the East to the West looking for jobs, yet our government keeps bringing in immigrants.  What about the millions obama has let in to the states?  Where are they going to work?  What about all the things hes promised them, who will pay for it.  Obamacare, whos going to pay for that.  What about the rich leaving the states?

Gold is another story and when the economy recovers, probably gold price also rises as the demand for gold is increasing.
Especially silver is like this: a lot of demand for silver comes from industrial use and once the economy starts rising, also the industrial demand will rise.

Part-time job is better than no job at all.
I agree that the collapse took some people out of labor force for ever. I am glad Ben Bernanke acted fast and started massive emergency money printing to stimulate the economy.
The collapses are never good, I think the problem was that FED chariman before Bernanke in the beginning of 2000's kept the interest rate waaaay too long time too low and created a massive bubble to housing markets and in 2008 it collapsed and the rest is history.

People do not need "stuff". People need food, housing and clothing.
The manufacturing of stuff has went to China indeed.
The jobs that probably will have demand can be found from service sector or IT (however this requires higher education - after all you are competing with Indian engineers, you cannot outbid with salary but with your knowledge and unique combination of skills which creates a very own niche).
People are getting older and generally the elder generation is wealthy but they need help. New jobs are needed to help this huge generation of elderly people - and most of them in USA can afford to pay for the services.

[TrueCryptonaire]

show me a better 365day chart ...
btc? nope
ltc? nope

includes the woolong pump and still looks good

Dollars and euros are not meant to be store of value in the long haul but gold, silver, investments and UNO.