User705
Legendary
Offline
Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold
|
|
August 26, 2014, 06:24:07 PM |
|
Unless you know 100% that discus and ghash are in no way related that statement is 100% fluffy BS.
|
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
August 26, 2014, 06:28:35 PM |
|
Unless you know 100% that discus and ghash are in no way related that statement is 100% fluffy BS.
lol! always worrying aren't you?
|
|
|
|
User705
Legendary
Offline
Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold
|
|
August 26, 2014, 06:33:27 PM |
|
Unless you know 100% that discus and ghash are in no way related that statement is 100% fluffy BS.
lol! always worrying aren't you? just like you are always advertising! Lol But actually no. The promising takeaway from that chart is the large unknown %. But in the end, the real world economics of a double spend makes anyone over 51% irrelevant. So they'll double spend once and then lose a lot more from the fallout. There's no point to even worry about it currently.
|
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
August 26, 2014, 06:36:53 PM |
|
But actually no. The promising takeaway from that chart is the large unknown %. But in the end, the real world economics of a double spend makes anyone over 51% irrelevant. So they'll double spend once and then lose a lot more from the fallout. There's no point to even worry about it currently.
omg!!! you've had The Epiphany! finally! and it just won't stop!:
|
|
|
|
User705
Legendary
Offline
Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold
|
|
August 26, 2014, 06:51:44 PM |
|
I do follow your thread.
|
|
|
|
RAJSALLIN
|
|
August 26, 2014, 07:24:33 PM |
|
I do follow your thread. Then can you please give a reference to your statement of 100.000 new bitcoin users per day. I'm willing to bet you are off with at least one order of magnitude.
|
|
|
|
rocks
Legendary
Offline
Activity: 1153
Merit: 1000
|
|
August 26, 2014, 07:25:43 PM |
|
Student loans the fastest growing debt. They are getting them younger. The education can't be taken away, but you also can't pass it on to your heirs. It is as ephemeral as it is inalienable. I see this chart pop up from site to site. It's usually used to "demonstrate" that the US has been deleveraging and all is well. Add public debt to this (Federal and State/Local) and then for good measure throw on unfunded liabilities. The amount of leverage in the system is continuing to grow exponentially.
|
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
August 26, 2014, 07:33:25 PM |
|
Student loans the fastest growing debt. They are getting them younger. The education can't be taken away, but you also can't pass it on to your heirs. It is as ephemeral as it is inalienable. I see this chart pop up from site to site. It's usually used to "demonstrate" that the US has been deleveraging and all is well. Add public debt to this (Federal and State/Local) and then for good measure throw on unfunded liabilities. The amount of leverage in the system is continuing to grow exponentially. http://www.usgovernmentdebt.us/
|
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
August 26, 2014, 08:00:04 PM |
|
huh, we may have the beginnings of a Dow Theory non-confirmation starting just today. i'll have to watch this carefully.
|
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
August 26, 2014, 08:21:55 PM |
|
both stocks and gold/silver dove into the close.
i don't like that.
|
|
|
|
Melbustus
Legendary
Offline
Activity: 1722
Merit: 1004
|
|
August 26, 2014, 09:03:30 PM |
|
Student loans the fastest growing debt. They are getting them younger. The education can't be taken away, but you also can't pass it on to your heirs. It is as ephemeral as it is inalienable.
worse than that, college provides students with schooling, not education. Any education may occur is purely accidental and contrary to the goal of producing well-schooled students. There's a distressing amount of distrust of "education" in this thread sometimes. I have to say, aside from this community, higher-ed has, in my experience, been full of the most establishment-challenging people I've ever met. Granted, they tended to skew fiscal-liberal (youth and inexperience can do that), but nevertheless displayed honest and critical questioning of the status quo, over a pretty wide variety of thought. That said, you may be specifically referring to K-12 public education in the US, in which case I'll offer no opinion because I have no personal experience with it.
|
Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
August 26, 2014, 10:28:28 PM |
|
Student loans the fastest growing debt. They are getting them younger. The education can't be taken away, but you also can't pass it on to your heirs. It is as ephemeral as it is inalienable.
worse than that, college provides students with schooling, not education. Any education may occur is purely accidental and contrary to the goal of producing well-schooled students. There's a distressing amount of distrust of "education" in this thread sometimes. I have to say, aside from this community, higher-ed has, in my experience, been full of the most establishment-challenging people I've ever met. Granted, they tended to skew fiscal-liberal (youth and inexperience can do that), but nevertheless displayed honest and critical questioning of the status quo, over a pretty wide variety of thought. That said, you may be specifically referring to K-12 public education in the US, in which case I'll offer no opinion because I have no personal experience with it. yeah, but consider where you went.
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
|
August 26, 2014, 11:13:25 PM |
|
after 2 years of dropping, price of gold is gana half!? lmao. how can you resist not buying this BS just to see what it says? well i'm a buyer at 700$ LOL *facepalm*
|
|
|
|
wachtwoord
Legendary
Offline
Activity: 2338
Merit: 1136
|
|
August 26, 2014, 11:15:48 PM |
|
after 2 years of dropping, price of gold is gana half!? lmao. how can you resist not buying this BS just to see what it says? well i'm a buyer at 700$ LOL *facepalm* Well the prediction is bold enough. If Bitcoin price goes back to $700 we'll be at parity below $1k lol
|
|
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
August 27, 2014, 02:16:07 AM |
|
grinding higher
|
|
|
|
IMZ
Legendary
Offline
Activity: 1498
Merit: 1000
|
|
August 27, 2014, 03:07:30 AM |
|
Hi, krypto hoomernz! The GFC vis a vis cryptos is an interest of mine, so I gonna do some reading here.
Mark (IndiaMikeZulu), Australia
|
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
August 27, 2014, 04:28:39 AM |
|
the world has gone crazy. has been so for a long while. deflation is spreading thru Europe now and Japan has been there for decades. the spread btwn German and US 2y bond yields has widened to the most since 2007 as the bund yield has collapsed as a result of deflationary expectations and a flight to safety in Europe. plummeting German yields will drag US yields even lower as deflation spreads here. the US yield curve is flattening (warning sign). the euro is dropping fast as everyone expects Draghi to start the European version of QE. oh gaud. this is helping to drive the USD up which will only serve to bring deflation here. the US stock mkt is hitting new highs on the lowest volume of the year. please. it's quite simply amazing that we're seeing UST yields continue to drop once again even after a multi decade rally in bonds. all the QE money is going into suppressing yields and not into true economic growth. the Fed has record amounts of UST's on it's books and the private markets supply is low leading to an even greater bid for this garbage as everyone is moving to "safety". but yet the majority of investors and institutions regard this as high quality paper which is in record demand. this flips traditional economics on it's head as you'd think all this printing would be causing rates to spike, but not so. just the opposite. complicated times so look out. especially gold and silver will be hurt badly by deflation. this is also why we're seeing oil prices drop and certain housing data roll. the Fed is going to do whatever it takes to fight this deflation, so look out. but will they really raise interest rates? i seriously doubt it. this Keynesian experiment has created a very high risk situation so get yourselves into safety, however you define that. Fall is coming and the worst crashes usually come during this time: http://media.bloomberg.com/bb/avfile/vudpbIruJhpQ.mp3%20%E2%80%A6http://www.businessweek.com/news/2014-08-25/treasury-two-year-notes-yield-most-versus-germany-since-2007
|
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
August 27, 2014, 05:06:28 AM |
|
eating thru the wall @ 517
|
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
August 27, 2014, 06:13:21 AM |
|
Break through!
|
|
|
|
|