...
+ $55,000 trollercoaster
NO ONE knows what is going to happen, re BTC and in most things. We can make educated guesses, and even make decent guesses re probabilities, but no one knows.
BTC is wildly volatile (and that is part of its charm), selling some after a huge run-up is just smart. Gold is a good place for some BTC profits. But, the move in BTC may have only begun, but who knows?
Topic: Economic Totalitarianism - page 41. (Read 345758 times)
http://www.armstrongeconomics.com/archives/37383
I would not be so smug guys, we have entered a period of chaos and my advice would be to take profits wherever it is possible to do so.
I would not be so smug guys, we have entered a period of chaos and my advice would be to take profits wherever it is possible to do so.
TPTB is probably wondering how could he get so wrong his prediction about the $100 Bitcoin price which according to him will follow the early summer $300 price. Instead of the price is $390.00.
Even americanpegasus is wrong sometimes. I'm sure TPTB can make mistakes too.
9/10 ain't bad.
That's right. I would not have predicted that BTC would pass $400 in November. Correct prediction is very, very hard.
But, the BTC price could (I hope not, but could) fall back to $300 (or lower)... If it does fall to, say, $200, that might be yet another buying opportunity. Probably would be! Who the hell knows?
TPTB is probably wondering how could he get so wrong his prediction about the $100 Bitcoin price which according to him will follow the early summer $300 price. Instead of the price is $390.00.
Even americanpegasus is wrong sometimes. I'm sure TPTB can make mistakes too.
9/10 ain't bad.
...
TPTB
I read about some kind of Ponzi scheme going on in The Philippines called something like "MMM", and spread around by YouTube videos (weird, I know).
Is there something like this going on over there? You're the best one I know offhand to report on this.
BTC was at $360 (up almost 10% just today). Maybe time to spend some...?
TPTB
I read about some kind of Ponzi scheme going on in The Philippines called something like "MMM", and spread around by YouTube videos (weird, I know).
Is there something like this going on over there? You're the best one I know offhand to report on this.
BTC was at $360 (up almost 10% just today). Maybe time to spend some...?
I dont think a ponzi scheme can gather 1.5 billion $.
The capital is coming from chinese investors/ miners/ speculators due to the capital controls imposed.
...
TPTB
I read about some kind of Ponzi scheme going on in The Philippines called something like "MMM", and spread around by YouTube videos (weird, I know).
Is there something like this going on over there? You're the best one I know offhand to report on this.
BTC was at $360 (up almost 10% just today). Maybe time to spend some...?
TPTB
I read about some kind of Ponzi scheme going on in The Philippines called something like "MMM", and spread around by YouTube videos (weird, I know).
Is there something like this going on over there? You're the best one I know offhand to report on this.
BTC was at $360 (up almost 10% just today). Maybe time to spend some...?
TPTB is probably wondering how could he get so wrong his prediction about the $100 Bitcoin price which according to him will follow the early summer $300 price. Instead of the price is $390.00.
...
TPTB
I read about some kind of Ponzi scheme going on in The Philippines called something like "MMM", and spread around by YouTube videos (weird, I know).
Is there something like this going on over there? You're the best one I know offhand to report on this.
BTC was at $360 (up almost 10% just today). Maybe time to spend some...?
TPTB
I read about some kind of Ponzi scheme going on in The Philippines called something like "MMM", and spread around by YouTube videos (weird, I know).
Is there something like this going on over there? You're the best one I know offhand to report on this.
BTC was at $360 (up almost 10% just today). Maybe time to spend some...?
GreenCoinX Inc, which is the developer of the world’s first identifiable cryptocurrency ‘GreenCoinX’, has announced that it is going to start its operations in the Isle of Man as it has been welcomed by its government.
Read full article
Read full article
With "Green", they even build on the environmentalism, man-made global warming delusion to try to get people to accept this 666 enslavement.
Quote
"We are coming up with the first identifiable block-chain which will identify all information about a person depending upon the requirement for each country," said Doctor, chief executive and president of GreenCoinX. He said KYC (Know Your Customer) information will be put on the block-chain, which will be able to collect taxes at transaction level and also restrict country specific transfers.
Read more at:
http://economictimes.indiatimes.com/articleshow/49622670.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Read more at:
http://economictimes.indiatimes.com/articleshow/49622670.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
What's most fucked up us we are here worried about this petty bullshit, yet members of Congress openly engage in the highest forms of insider trading and then flaunt their 'untouchable' status.
The Oligarchy is official.
http://www.activistpost.com/2015/10/12-days-before-08-crash-congress-was-secretly-told-to-sell-off-their-stocks.html
The Oligarchy is official.
http://www.activistpost.com/2015/10/12-days-before-08-crash-congress-was-secretly-told-to-sell-off-their-stocks.html
Great link. Not surprised.
Except for the little guy. The BIG FISH are always exempt from "rules". If/when they try to ban cash, it will not matter for TPTB, and you can take that to the bank.
HSBC is well known in banking circles for being the world's dirtiest (large) bank. Alas for my family, our bank is partly dependent on HSBC for some asset custody, which burns me to no end.
after all, hsbc was the original silk road bank for some time.. ^^
Except for the little guy. The BIG FISH are always exempt from "rules". If/when they try to ban cash, it will not matter for TPTB, and you can take that to the bank.
HSBC is well known in banking circles for being the world's dirtiest (large) bank. Alas for my family, our bank is partly dependent on HSBC for some asset custody, which burns me to no end.
there ya go my friend: http://www.politico.eu/article/cash-machine-varoufakis-greece-finance-minister-media/
natural marxist blogger. ^^
I`m sure he is happy if we apply a 99.9% income tax to his earnings to help redistribute the wealth to the poor & needy.
He would still earn more / minute than the minimal wage in my country.
No? Then fuck off and stop trying to redistribute my money fucking jerk marxists!
I concur with the TPTB puppetshow, however, I never ever credited Varoufakis an ounce of credibility.
Marxist? lel.
Also the guy's a blogger... so please.
Not like he has the shoulders to do anything.
Like all the politicians, it's just a morbid set up.
He should be judged for treason as the deal signed with the EU clearly sell what is left of the country along with your sorry asses.
I am very sorry for you people tho.
Unsurprisingly,democracy voting seems not to be the right path in overthrowing TPTB and their bank mafia.
Now that greeks are left with less than nothing, i sure hope things start to heat up a bit more.
Marxist? lel.
Also the guy's a blogger... so please.
Not like he has the shoulders to do anything.
Like all the politicians, it's just a morbid set up.
He should be judged for treason as the deal signed with the EU clearly sell what is left of the country along with your sorry asses.
I am very sorry for you people tho.
Unsurprisingly,
Now that greeks are left with less than nothing, i sure hope things start to heat up a bit more.
Marxists are also bloggers, also some bloggers could be marxists as well; (God, looks like a logical test
)I agree with "the morbid presence" of Yanis, I disagree that he somehow set this up! I believe he's a natural!
Greeks are far from "nothing". I believe there will be turbulence, but not right now. I think that we will have to wait until the 3rd Memorandum has passed (yeah, the one we voted Tsipras for saying he was NOT gonna sign) and all the best assets of the public will be sold for nothing to vulture funds. What I hate more is, that IF Varoufakis had taken that chance and initiated the BTC as a second currency all we had to do was to wait for Gresham's law to take over...
Sigh.
there ya go my friend: http://www.politico.eu/article/cash-machine-varoufakis-greece-finance-minister-media/
natural marxist blogger. ^^
What's most fucked up us we are here worried about this petty bullshit, yet members of Congress openly engage in the highest forms of insider trading and then flaunt their 'untouchable' status.
The Oligarchy is official.
http://www.activistpost.com/2015/10/12-days-before-08-crash-congress-was-secretly-told-to-sell-off-their-stocks.html
The Oligarchy is official.
http://www.activistpost.com/2015/10/12-days-before-08-crash-congress-was-secretly-told-to-sell-off-their-stocks.html
Hmm, I`m not sure, wasnt the Pareto principle overruled by Nash theory?
https://en.wikipedia.org/wiki/Nash_equilibrium
I remember this from economics class from college, thats how he won his nobel prize.
This deadlock we experience could be the equilibrium state.
The Nash equilibrium is often referred to as an "evolutionary stable state"
The prisoner's dilemma is a standard example of a game analyzed in game theory that shows why two completely "rational" individuals might not cooperate, even if it appears that it is in their best interests to do so. In the prisoners dilemma each prisoner is given the opportunity either to: betray the other by testifying that the other committed the crime, or to cooperate with the other by remaining silent.
The Nash equilibrium for the prisoners dilemma is to always defect and betray the other. However, this is not the most economically efficient outcome nor is it the Pareto optimum. Interestingly populations able to interact repeatedly do not necessarily converge to the Nash equilibrium. Populations able to interact over time can converge on an equilibrium state that results in significant levels of cooperation even in the prisoners dilemma a game with rules that makes cooperation very dangerous.
http://m.pnas.org/content/102/31/10797.full
Fig.
Deterministic replicator dynamics of an infinite population with different mutation rates u. Filled circles represent stable stationary points; open circles represent unstable stationary points. The times symbol in b and c (×) indicates the time average of the limit cycle. The payoffs in the prisoner's dilemma game are T = 5, R = 3, P = 1, and S = 0.1; the expected number of rounds is m = 10, and the complexity cost for TFT is c = 0.8.
...
The War on Cash advances to another front:
http://www.zerohedge.com/news/2015-10-26/barcelona-threatens-print-parallel-currency-madrid-seethes
It looks like Barcelona (their left wing government, LOL?) will join the War in addition to irking Madrid...
Zero Hedge notes:
"It appears the war on cash has moved from one of words to actions (as it is likely no coincidence that most of the local community currencies that have been launched so far are in purely digital format, as would Barcelona’s.)"
The War on Cash advances to another front:
http://www.zerohedge.com/news/2015-10-26/barcelona-threatens-print-parallel-currency-madrid-seethes
It looks like Barcelona (their left wing government, LOL?) will join the War in addition to irking Madrid...
Zero Hedge notes:
"It appears the war on cash has moved from one of words to actions (as it is likely no coincidence that most of the local community currencies that have been launched so far are in purely digital format, as would Barcelona’s.)"
Hmm, I`m not sure, wasnt the Pareto principle overruled by Nash theory?
https://en.wikipedia.org/wiki/Nash_equilibrium
I remember this from economics class from college, thats how he won his nobel prize.
This deadlock we experience could be the equilibrium state.
https://en.wikipedia.org/wiki/Nash_equilibrium
I remember this from economics class from college, thats how he won his nobel prize.
This deadlock we experience could be the equilibrium state.
You're talking about the Pareto Optimality which is different to what I mentioned. See here.
FWIW, on the subject you mentioned:
Nash equilibrium is when no player in a game can increase his or her payoff by unilaterally changing their actions. Pareto optimal is when it is not possible to make any player better off in the game without hurting another player at the same time.
For example, in the canonical Prisoner's dilemma formulation, the Nash equilibrium is not Pareto optimal.
A lot of algorithmic game theory works on structuring the rules/payoffs of the game such that the Nash equilibrium is in fact Pareto optimal.
via: https://www.quora.com/What-is-the-difference-between-Nash-Equilibrium-and-Pareto-Optimality
Edit:
Again, there are successful paradigms for every single theory out there. Yes; even a communist village! One that prospers all the way since 1979! So, why do we have to inculpate a theory over its implementation? I'll tell you why; because it's us that we're malleably putting it to work. It has been this way since the beginning of time.
Fool yourselves not. The liability is us. It was always us.
http://www.theguardian.com/world/2013/oct/20/marinaleda-spanish-communist-village-utopia
Yea it was a long time ago, i need to refresh my economics a bit it got rusty. Nash theory really proves the free market and maximum competitiveness, the perfect Laissez faire free market capitalism.
The fact that it doesnt get implemented efficiently is because of us,yes I agree with that.
I`m sure communism wont ever work on large scale, but even a free market capitalism will have it's struggles, since the game is so distorted that you can really fix it easily.
Humanity is only 1 million year old, we are not fully developed yet, so dont need to worry about this, more efficient times will come in the future, and hopefully the sheeps will become enlightened later on.
Hmm, I`m not sure, wasnt the Pareto principle overruled by Nash theory?
https://en.wikipedia.org/wiki/Nash_equilibrium
I remember this from economics class from college, thats how he won his nobel prize.
This deadlock we experience could be the equilibrium state.
https://en.wikipedia.org/wiki/Nash_equilibrium
I remember this from economics class from college, thats how he won his nobel prize.
This deadlock we experience could be the equilibrium state.
You're talking about the Pareto Optimality which is different to what I mentioned. See here.
FWIW, on the subject you mentioned:
Nash equilibrium is when no player in a game can increase his or her payoff by unilaterally changing their actions. Pareto optimal is when it is not possible to make any player better off in the game without hurting another player at the same time.
For example, in the canonical Prisoner's dilemma formulation, the Nash equilibrium is not Pareto optimal.
A lot of algorithmic game theory works on structuring the rules/payoffs of the game such that the Nash equilibrium is in fact Pareto optimal.
via: https://www.quora.com/What-is-the-difference-between-Nash-Equilibrium-and-Pareto-Optimality
Edit:
Again, there are successful paradigms for every single theory out there. Yes; even a communist village! One that prospers all the way since 1979! So, why do we have to inculpate a theory over its implementation? I'll tell you why; because it's us that we're malleably putting it to work. It has been this way since the beginning of time.
Fool yourselves not. The liability is us. It was always us.
http://www.theguardian.com/world/2013/oct/20/marinaleda-spanish-communist-village-utopia
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