6 month weighted price is $10.56 | Bitcointalksearch.org

hugolp

legendary

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Merit: 1001

Radix-The Decentralized Finance Protocol

Quote from: Stefan Thomas on August 25, 2011, 12:08:01 AM

I believe "Just business." is the libertarian position.

Not really.

The libertarian position is defense and respect for individual rights. This includes the right to freely engage in business, but there are a lot of people that got into libertarianism for other reasons, for example civil libertarian issues.

Not all libertarians are great businessman not they have to be. We just know that allowing a free market to happen will benefit us by having better quality products and lower prices as opposed to socialdemocracy that always helps the oligarchies.

EDIT: Btw op great chart. Shows that Bitcoin is more stable than most people think.

Stefan Thomas

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AKA: Justmoon

Quote from: Cluster2k on August 24, 2011, 08:08:07 PM

No libertarian views here. Just business :-)

I believe "Just business." is the libertarian position.

evoorhees

legendary

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Democracy is the original 51% attack

Quote from: Cluster2k on August 24, 2011, 08:08:07 PM

Quote from: Astrohacker on August 24, 2011, 03:01:33 PM

If I had to guess, this is basically the price that can be supported by libertarian computer nerds with disposable income. Not every bitcoiner fits into that category, obviously, but as a sort of average, this could explain why the price has settled on this value. All the libertarian computer nerds with disposable income have already adopted bitcoin, and we'll need to invade a new demographic for the price to rise further.

I'm just here for the money. Turning natural gas into bitcoins through computer hardware while sitting back and doing nothing while the meager money rolls in. As soon as the party stops I'm out of here. No libertarian views here. Just business :-)

It's funny that you think the profit in Bitcoin is found in the short-term mining Grin

Cluster2k

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Quote from: Astrohacker on August 24, 2011, 03:01:33 PM

If I had to guess, this is basically the price that can be supported by libertarian computer nerds with disposable income. Not every bitcoiner fits into that category, obviously, but as a sort of average, this could explain why the price has settled on this value. All the libertarian computer nerds with disposable income have already adopted bitcoin, and we'll need to invade a new demographic for the price to rise further.

I'm just here for the money. Turning natural gas into bitcoins through computer hardware while sitting back and doing nothing while the meager money rolls in. As soon as the party stops I'm out of here. No libertarian views here. Just business :-)

FlipPro

legendary

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Merit: 1015

Quote from: Astrohacker on August 24, 2011, 03:01:33 PM

Has anyone else noticed how stable the weighted average price is over the past 6 months?

Notice how the weighted price is about $10.50 going back up to 6 months. The price has been highly volatile, of course, but perhaps this price makes some kind of economic sense. If I had to guess, this is basically the price that can be supported by libertarian computer nerds with disposable income. Not every bitcoiner fits into that category, obviously, but as a sort of average, this could explain why the price has settled on this value. All the libertarian computer nerds with disposable income have already adopted bitcoin, and we'll need to invade a new demographic for the price to rise further.

Generalizations are just so stupid. One of the reasons why I am thinking of leaving this place lol.

Everyone is Republican/Democrat/Libertarian/Independent. If you can't choose atleast one thing you like from all the different "demographics" than something really is wrong with you (whoever you are).

Astrohacker

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Has anyone else noticed how stable the weighted average price is over the past 6 months?

Notice how the weighted price is about $10.50 going back up to 6 months. The price has been highly volatile, of course, but perhaps this price makes some kind of economic sense. If I had to guess, this is basically the price that can be supported by libertarian computer nerds with disposable income. Not every bitcoiner fits into that category, obviously, but as a sort of average, this could explain why the price has settled on this value. All the libertarian computer nerds with disposable income have already adopted bitcoin, and we'll need to invade a new demographic for the price to rise further.

Topic: 6 month weighted price is $10.56 (Read 1143 times)