Noble Prize Winner who predicted Housing Bubble: Bitcoin is a bubble for sure! - page 2.

seldon

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Quote from: ElectricMucus on January 27, 2014, 03:43:27 AM

Quote from: seldon on January 26, 2014, 07:47:24 PM

Quote from: ElectricMucus on January 26, 2014, 06:41:13 PM

Quote from: seldon on January 26, 2014, 06:35:03 PM

There is no nobel price for economics.. there is only a price sponsored by a huge bank in sweden named after nobel

orly?
http://en.wikipedia.org/wiki/Nobel_Memorial_Prize_in_Economic_Sciences

Did you click that link or just paste it?

I did both, either way you are right that there isn't called something like a "Nobel price for economic sciences" but it isn't "only a price sponsored by a big bank in Sweden" either.

Agreed, bit of drama added on my part.

ElectricMucus

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Quote from: notme on January 27, 2014, 03:33:00 AM

Quote from: bitcoinlitcoinbtcltc on January 26, 2014, 05:44:42 PM

The Nobel Laureate pronounced that bitcoin was a return to the dark ages because at present there is very little clarity surrounding the crypto currency.

Wow. Pot meet Kettle. Only an economist could think the alternative has more clarity than bitcoin. Maybe it's because I have a CS degree and spent 5 minutes reading the Bitcoin whitepaper, and he only know economics. In fact, he spent about a decade getting that all "clear". Roll Eyes

Both systems are machines. Bitcoin just replaces the soft squishy parts with math. This adds clarity, IMO, since the squishy parts are known for their fickleness.

Since when does that make you qualified to comment on economic issues? And no just because it's easier for you to think about the financial industry as a machine doesn't make it right.
If you are a scientist you'd know that making statements about other fields outside your profession is not only frowned upon but also a very stupid thing to do.

ElectricMucus

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Quote from: seldon on January 26, 2014, 07:47:24 PM

Quote from: ElectricMucus on January 26, 2014, 06:41:13 PM

Quote from: seldon on January 26, 2014, 06:35:03 PM

There is no nobel price for economics.. there is only a price sponsored by a huge bank in sweden named after nobel

orly?
http://en.wikipedia.org/wiki/Nobel_Memorial_Prize_in_Economic_Sciences

Did you click that link or just paste it?

I did both, either way you are right that there isn't called something like a "Nobel price for economic sciences" but it isn't "only a price sponsored by a big bank in Sweden" either.

notme

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Activity: 1904

Merit: 1002

Quote from: bitcoinlitcoinbtcltc on January 26, 2014, 05:44:42 PM

The Nobel Laureate pronounced that bitcoin was a return to the dark ages because at present there is very little clarity surrounding the crypto currency.

Wow. Pot meet Kettle. Only an economist could think the alternative has more clarity than bitcoin. Maybe it's because I have a CS degree and spent 5 minutes reading the Bitcoin whitepaper, and he only know economics. In fact, he spent about a decade getting that all "clear". Roll Eyes

Both systems are machines. Bitcoin just replaces the soft squishy parts with math. This adds clarity, IMO, since the squishy parts are known for their fickleness.

31337157

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Activity: 111

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Quote from: Elwar on January 27, 2014, 03:14:39 AM

"Nobel Prize Winner"

stopped reading there

Seriously. These ancient "acknowledgements" are exactly that...Ancient. Here's a protip to the old f**ks department: NO ONE CARES ABOUT YOUR S**T MEDALS ANYMORE.

Elwar

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Viva Ut Vivas

"Nobel Prize Winner"

stopped reading there

Holliday

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Quote from: knightcoin on January 26, 2014, 09:37:50 PM

Bwahahahahahahaha.

knightcoin

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Stand on the shoulders of giants

Quote from: Dalmar on January 26, 2014, 05:48:53 PM

Bitcoin is currently in the ''return to normal/euphoria's last gasp'' phase.

seldon

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Activity: 353

Merit: 250

Quote from: ElectricMucus on January 26, 2014, 06:41:13 PM

Quote from: seldon on January 26, 2014, 06:35:03 PM

There is no nobel price for economics.. there is only a price sponsored by a huge bank in sweden named after nobel

orly?
http://en.wikipedia.org/wiki/Nobel_Memorial_Prize_in_Economic_Sciences

Did you click that link or just paste it?

ElectricMucus

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Quote from: seldon on January 26, 2014, 06:35:03 PM

There is no nobel price for economics.. there is only a price sponsored by a huge bank in sweden named after nobel

orly?
http://en.wikipedia.org/wiki/Nobel_Memorial_Prize_in_Economic_Sciences

seldon

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Activity: 353

Merit: 250

There is no nobel price for economics.. there is only a price sponsored by a huge bank in sweden named after nobel

eiskalt

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Activity: 336

Merit: 250

Quote from: fonzie on January 26, 2014, 06:25:34 PM

I´m sorry to say but we don´t want persons like you in our community.
If we keep you, we gain nothing, but if we kill you, we lose nothing.

Hew, projecting much?

@BurtW: You would need tremendous amounts of leverage for the remaining 1% to offset your losses on the 99%.

Very much not recommended.

Hyena

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Quote from: fonzie on January 26, 2014, 06:25:34 PM

I´m sorry to say but we don´t want persons like you in our community.
If we keep you, we gain nothing, but if we kill you, we lose nothing.

I disagree.

We need bears because their suffering gives so much joy Cheesy

especially these smartass professors to be proven wrong so hard in the future. I can almost hear them mumbling "this is preposterous" when trying to fit bitcoin into their financial box of understanding.

fonzie

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Moderator

Quote from: BurtW on January 26, 2014, 06:23:40 PM

Quote from: fonzie on January 26, 2014, 06:22:07 PM

Quote from: Hyena on January 26, 2014, 06:18:46 PM

I think that this Nobel prize should be stripped away from that old fuck for making so ignorant statements.

I agree, everyone who isn´t 100% pro Bitcoin is an idiot and should be killed!

I am only 99% pro Bitcoin. Do I have to die?

I´m sorry to say but we don´t want persons like you in our community.
If we keep you, we gain nothing, but if we kill you, we lose nothing.

BurtW

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All paid signature campaigns should be banned.

Quote from: fonzie on January 26, 2014, 06:22:07 PM

Quote from: Hyena on January 26, 2014, 06:18:46 PM

I think that this Nobel prize should be stripped away from that old fuck for making so ignorant statements.

I agree, everyone who isn´t 100% pro Bitcoin is an idiot and should be killed!

I am only 99% pro Bitcoin. Do I have to die?

ablewasiereisawelba

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Activity: 133

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I have no opinions about the future success of bitcoin. That said, I would like for anyone who believes it is a bubble to tell me how any store of value without intrinsic value could not be a bubble.

Is he willing to call gold a bubble? I mean that seriously, and he might think it is also a bubble.

ElectricMucus

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Quote from: bitcoinlitcoinbtcltc on January 26, 2014, 05:44:42 PM

Robert Shiller, Yale Professor of Economics, and two other professors from the University of Chicago - Eugene Fama and Lars Peter Hansen - won the Nobel Prize in 2013 for their research into market prices and asset bubbles.

Beargasmic!

fonzie

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Quote from: Hyena on January 26, 2014, 06:18:46 PM

I think that this Nobel prize should be stripped away from that old fuck for making so ignorant statements.

I agree, everyone who isn´t 100% pro Bitcoin is an idiot and should be killed!

Hyena

legendary

Activity: 2114

Merit: 1015

I think that this Nobel prize should be stripped away from that old fuck for making so ignorant statements.

BurtW

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Merit: 1137

All paid signature campaigns should be banned.

Thank you so much for this second wonderful post. Your other post here:

https://bitcointalksearch.org/topic/m.4758213

convinced me to sell all of my BTC. This new post has convinced me to go short BTC big time. I have taken out a huge BTC loan at a very high BTC interest rate and then sold them all.

I sure hope you are right about all this. You are sure about this, right? This is a very sure thing, right?

Keep up the good work. You are obviously an expert on all things Bitcoin so I know I can trust you with all of my life savings.

Thanks again!

Topic: Noble Prize Winner who predicted Housing Bubble: Bitcoin is a bubble for sure! - page 2. (Read 5736 times)