Politics, statism, anarchism, racism; split from: Wall Observer thread

[NotLambchop]

No, you're wrong.
Bitcoin's price, in relation to USD, has fallen by two thirds this year, while the supply has increased by ~9%.  Basic supply/demand equilibrium suggests that the demand has ... decreased

2014 is not going to help you much longer. Use it at your dishonest convenience while you still can  

I simply state facts, clear and verifiable, and you sperge out at me.  Why the butthurt, bro?

[brg444]

Bitcoin did not appear in 2014.  Neither did the dollar.  WTF does that have to do with anything?
And no, I'm not looking for advice or insights, don't be absurd.  I consider eradicating idiocy my noblesse oblige.
U don't even need to thank me.

How noble of you  

It has to do with Bitcoin buying power having appreciated by several orders of magnitude against the USD since its inception.

That would show that demand does indeed supercedes supply and therefore the inflation of Bitcoin is not comparable to fiat currency inflation.

Idiot.

[JayJuanGee]

Why are you so obsessed with Bitcoin.
 

i have to communicate to the LamChop through all of you, i have him on ignore, i have been on here almost 3 years and he is the first troll i had to ignore, my apologies to the rest of you who are subject to his belligerent and persistent ignorance.

I am officially LamChop's ignorant, and it is bliss.  

That may be a better practice because sometimes these trolls do seem to have a tendency to distract and to lure us into irrelevant and tangential and distracting discussions... and sometimes done through entertainment.

[brg444]

No, you're wrong.
Bitcoin's price, in relation to USD, has fallen by two thirds this year, while the supply has increased by ~9%.  Basic supply/demand equilibrium suggests that the demand has ... decreased

2014 is not going to help you much longer. Use it at your dishonest convenience while you still can  

I simply state facts, clear and verifiable, and you sperge out at me.  Why the butthurt, bro?

I don't see facts, I see convenient dishonesty.

I don't see clarity I see a troll hiding behind disingenuous arguments.

The only clear and verifiable fact we can interpret from you posting is that you are a mental case, or more commonly labeled, a psychopath.

[NotLambchop]

Bitcoin did not appear in 2014.  Neither did the dollar.  WTF does that have to do with anything?
And no, I'm not looking for advice or insights, don't be absurd.  I consider eradicating idiocy my noblesse oblige.
U don't even need to thank me.

How noble of you  

It has to do with Bitcoin buying power having appreciated by several orders of magnitude against the USD since its inception.

That would show that demand does indeed supercedes supply and therefore the inflation of Bitcoin is not comparable to fiat currency inflation.

Idiot.

Look, Bitcoin went up in price, bubbled, floated up to the surface like a bloated corpse, popped, and now it's slowly sinking.
Once the demand was growing (it had to, since Bitcoin started from nothing), and now the demand is dying.  Dying all year long, as is made obvious by the falling dollar price and dropping buying power.  
Today, bitcoin only buys 1/3 as much as it did in 2013.

Nothing lasts forever
Of that I'm sure

I crie evry tiem!

[NotLambchop]

No, you're wrong.
Bitcoin's price, in relation to USD, has fallen by two thirds this year, while the supply has increased by ~9%.  Basic supply/demand equilibrium suggests that the demand has ... decreased

2014 is not going to help you much longer. Use it at your dishonest convenience while you still can  

I simply state facts, clear and verifiable, and you sperge out at me.  Why the butthurt, bro?

I don't see facts, I see convenient dishonesty.

I don't see clarity I see a troll hiding behind disingenuous arguments.

The only clear and verifiable fact we can interpret from you posting is that you are a mental case, or more commonly labeled, a psychopath.

Bro, you're simply overinvested.  Let go of the butthurt and learn!

[JimboToronto]

-trolling-

Bitcoin did not appear in 2014.

I'm not sure what is more tragic, your short-sightedness or the fact that you literally spend hours on this forum trying to convince yourself you are right.

A quick look shows me you average 40 post per day on this board this month. If, as you have mentioned earlier, trading is not a cooperative game, then why are you here? Surely not for trading advice or insights.

Your insolence and high horse approach is certainly not helping anyone reconsider their interest for Bitcoin as well. So what is your purpose here?

Why are you so obsessed with Bitcoin.
 

isnt it is obvious that he was paid troll, maybe paid by the bank

This is why it's so much fun responding to the trolling.

I probably made more posts today than any day since I joined this forum, most of them in response to Lambie Pie.

Banksters are getting desperate. Isn't it hilarious?

[cbeast]

-trolling-

Bitcoin did not appear in 2014.

I'm not sure what is more tragic, your short-sightedness or the fact that you literally spend hours on this forum trying to convince yourself you are right.

A quick look shows me you average 40 post per day on this board this month. If, as you have mentioned earlier, trading is not a cooperative game, then why are you here? Surely not for trading advice or insights.

Your insolence and high horse approach is certainly not helping anyone reconsider their interest for Bitcoin as well. So what is your purpose here?

Why are you so obsessed with Bitcoin.
 

isnt it is obvious that he was paid troll, maybe paid by the bank

This is why it's so much fun responding to the trolling.

I probably made more posts today than any day since I joined this forum, most of them in response to Lambie Pie.

Banksters are getting desperate. Isn't it hilarious?

Thank you for not quoting the trolls.

[NotLambchop]

-trolling-

Bitcoin did not appear in 2014.

I'm not sure what is more tragic, your short-sightedness or the fact that you literally spend hours on this forum trying to convince yourself you are right.

A quick look shows me you average 40 post per day on this board this month. If, as you have mentioned earlier, trading is not a cooperative game, then why are you here? Surely not for trading advice or insights.

Your insolence and high horse approach is certainly not helping anyone reconsider their interest for Bitcoin as well. So what is your purpose here?

Why are you so obsessed with Bitcoin.
 

isnt it is obvious that he was paid troll, maybe paid by the bank

This is why it's so much fun responding to the trolling.

I probably made more posts today than any day since I joined this forum, most of them in response to Lambie Pie.

Banksters are getting desperate. Isn't it hilarious?

Lol, did you guys realize that today's gubermint-sanctioned foil is not real tin, it's cheap ersatz tin--aluminum!
Looks sorta like tinfoil, but doesn't work like it.  Doesn't stop the thought-controlling beta-zed radiation in the sub-nanohertz spectrum--the kind favored by our Beneficent Reptilian Overlords, may they reign eternal!
Anyhow, we're in your brainz, running your thoughts!

Good night, lunatic fringe!

[cbeast]

Man, Fonzie's and mine shotrs are goin great. How are your guys' shorts?

Really? Where? I don't see any volume.

[JorgeStolfi]

One of [stocks traded at Havelock] was NeoBee (http://www.neo-bee.com/en/), the Cyprus-based Bitcoin bank that ran away with everyone's bits (http://www.coindesk.com/cyprus-issues-arrest-warrant-neo-bee-ceo-danny-brewster/)

NeoBee is subject to the same laws all other companies are. What's your point?

Actually, last time I checked Havelock was registered in Panama, but not as a stock exchange; and operated with bitcoin, presumably to evade regulations by the US SEC and other agencies. IIRC, Neo&Bee "stock" was rather misleading to investors: the fine print said that it was not equity, but "shares in the profits of the first 2 years".  And the "business plan" did not explain how the bank could make money. The "stock" was primarily issued in another "bitcoin stock exchange" operated by Danny Brewster himself and registered in London, which traded only the Neo&Bee "stock".  Someone else did some sort of arbitrage between that and Havelock, where the "stock" was traded too.   When Danny ran away, the London "exchange" closed, and the "stock" was soon de-listed from Havelock.  All investors lost their money, except perhaps for a few lucky ones who sold their shares before the crash.

That is precisely the sort of scam that  the SEC was created to prevent.  (Whether it performs its mission thoroughly is another question.  It may well approve the COIN ETF, for example.)

[Richy_T]

You want no regulations?  Stop bawwing about it, and overthrow them statist oppressors, you whiny man-child.

Yeah, that's always the best plan for mass change, "go it alone and overthrow the government".

Tit.

[Richy_T]

One question:

If self-regulation in Bittopia works, how come all the evidence suggests it has failed miserably thus far?

Define success, define failure. Compare to the regulated world. (Hint: I'd suggest the price might suggest the Bittopia is quite far from failure so far)

If you want government regulated currencies, there's plenty of them out there and they're printing more and more each day. If you keep with it long enough, you'll probably get enough to build a fort

[octaft]

No, we have cops but we still have crooks. If we didn't have cops, we would still have crooks. Police departments are, on occasion, more crooked than the communities they police. If municipalities didn't monopolize policing authority and allowed for community-organized and competing policing authorities, the market would do a better job than the centralized governmental monopoly. See how I'm not for anarchy but for anti-authoritarianism? Pretty simple, not rocket science. You're likely the type to think citizens are smart enough to elect good government leaders but not smart enough to mind their community and person. That's definitely more logical. And if you need me to list the positive businesses in "Bitcoinland," you're just being disagreeable You know perfectly well that the majority of bitcoin business is successful.

Would like some clarification on your opinion of this: do you mean community-organized and still free to use by the community? Or are you talking about privatization of things like the police and fire departments, where people have a bill to pay each month to earn use of the service?

[njcarlos]

Would like some clarification on your opinion of this: do you mean community-organized and still free to use by the community? Or are you talking about privatization of things like the police and fire departments, where people have a bill to pay each month to earn use of the service?

Both would be fine I think. How those would be modeled I haven't given thought, but I don't see a reason why non-profit and for-profit entities couldn't compete in that space alongside a municipality.

[Richy_T]

If there was complete deregulation there would be Shipmans on every street corner -- in Victorian England there were.   Hardly a credible argument.

Really? he murdered 250 people. It's a wonder there are any English left.

[octaft]

Would like some clarification on your opinion of this: do you mean community-organized and still free to use by the community? Or are you talking about privatization of things like the police and fire departments, where people have a bill to pay each month to earn use of the service?

Both would be fine I think. How those would be modeled I haven't given thought, but I don't see a reason why non-profit and for-profit entities couldn't compete in that space alongside a municipality.

Okay, so in the case of only privatized entities requiring a fee, how should the people who cannot afford these very important services be treated?

[Richy_T]

Would like some clarification on your opinion of this: do you mean community-organized and still free to use by the community? Or are you talking about privatization of things like the police and fire departments, where people have a bill to pay each month to earn use of the service?

Both would be fine I think. How those would be modeled I haven't given thought, but I don't see a reason why non-profit and for-profit entities couldn't compete in that space alongside a municipality.

I have read several proposals for private police/security forces. I don't go quite that far myself but the ideas do have merit. I think there's lower hanging fruit to pick and other fires to put out first in any case.

[njcarlos]

Okay, so in the case of only privatized entities requiring a fee, how should the people who cannot afford these very important services be treated?

Volunteers, not-for-profits, charities, and/or state subsidies.

I have read several proposals for private police/security forces. I don't go quite that far myself but the ideas do have merit. I think there's lower hanging fruit to pick and other fires to put out first in any case.

Agreed. I'm more or less in the same position I just don't like that the door is locked on the idea.

[nanobrain]

One question:

If self-regulation in Bittopia works, how come all the evidence suggests it has failed miserably thus far?

Define success, define failure. Compare to the regulated world. (Hint: I'd suggest the price might suggest the Bittopia is quite far from failure so far)

If you want government regulated currencies, there's plenty of them out there and they're printing more and more each day. If you keep with it long enough, you'll probably get enough to build a fort

I fail to see why is the onus on me to define success and failure?  But (hint) I don't measure everything as 'price'.

What has unfurled thus far has happened, it is undeniable.  So, a laissez-faire approach has (as it always does) allowed scammers, crooks and incompetents to flourish because 'good men' were distracted by greed or overwhelmed by cowardice. 

Your argument seems to be that regulated markets are corrupt, therefore regulations are bad, it's such a 'strawman' as to be flammable.

As I said in my post above 'charity begins at home, justice begins next door' -- you want an unregulated system, as long as it doesn't bite you on the arse.  You complain about regulations but you had the chance to make your own but were too lazy/scared/complacent to make things happen.

You remind me of a story my husband tells: in the UK he would go on demos in the 80's.  He'd crawl from  some mellee, covered in blood (his own or someone else's) and be buttonholed by some idiot selling Socialist-worker, "Comrade, have you heard about the oppressive state machine?".

So, what will you do when the regulated BTC market eventuates, sell?
No, you'll just have a good old moan.

Yeah, that's always the best plan for mass change, "go it alone and overthrow the government".

Tit

Coward...........?