Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 11847. (Read 26716363 times)

Can't win if you are dead.

What are you not comprehending? He can live and do what can be done, or he can die and everything is over. There is nobody else in the world who can do what he is presently doing.

You either play the game to win or don't play at all.  To win requires full Pinochet mode.  The #Qanon garbage was all a stall tactic to make people think reform was actually occurring when it's not and hope they just forget about it by the time it became an obvious scam; to get people to make believe that the Dyncorp child traffickers and other nutcases from the Wikileaks emails were being met with justice when they are not; to get people to make believe that when the institute of Arts or whatever it's called said their main goal was to dumb down the population that those people were being dealt with, but they are not.  The amount of people to be exterminated for treason is very high.

Communism does not work, comrade.

It would not be useful to get himself assassinated. Not even to himself, not even to the US, but to the world as a whole. Physical reality has limits, unlike your fevered imagination.

Smug smiling Trump next to the others. Someone needs to photoshop that.

Are you people trolling?  Money is a ZERO SUM GAME.  Introducing compound interest into that equation = neo-feudalism, slavery, call it what you will.  Anything with interest involved is also probably guaranteed to have cyclical collapses of civilization because people will just refuse to be beasts of burden for others living off interest.  They introduced the debt jubilee where lenders take a bath to try and avoid/reset things like this.  In reality, money should never really generate interest in the first place and borrowing would all be highly pawn shop style collateralized.  I.E. if you can't offer up a car or something as collateral, you're never getting any type of loan.

Why not address the argument for once. Prove Schelling Point true for Bitcoin in the face of existing facts


Red Herring not working on my Teflon suit.



I am also still awaiting your response on how someone can 'print' Bitcoins: https://bitcointalksearch.org/topic/m.49196760

Serve rehashed points, evade, try to provoke with useless racist stormfront material. Rinse. Repeat.

I would appreciate your rational arguments and thoughts without the bull shit surrounding it. That would be much appreciated.

It's a sumptuous tinned specialist meat product.



It's so versatile that there are zillions of different recipes using it.

Of course millenials can't afford houses, and it's by design.  Artificial real estate bubbles and the 30 year mortgage are the cornerstone of debt enslavement, which is WHAT THE BANKS WANT:

https://steemit.com/money/@r0achtheunsavory/the-r0ach-report-42-debt-enslavement-revolves-almost-entirely-around-creating-real-estate-bubbles

People say millenials are stupid, but in a way, they're one of the smartest generations because they're REFUSING to sign up for these 30 year mortgages.  They would rather face the shame of just living in their parents house or a van by the river rather than being a debt serf.  A lot of it is due to them already having been fleeced on artificially high education prices/loans.  The price of an education is like 10x higher now in real terms than what most people here probably paid for theirs, and then they don't even have prospect of a job afterwards.

I agree that each individual case mostly depends on someone's effort, however, there is some evidence that upward mobility has declined (for some reason, especially in the Midwest, less in NY, Massachusetts and Montana):
http://science.sciencemag.org/content/356/6336/398

You can argue why it happened, but not whether it happened or not, according to the authors.

I don't understand any clear explanation regarding how someone like Elwar could be doing very badly, unless there is some part of the story that is left out.

Seems to me that he made a really BIG gamble when BTC prices were in the $500s and even overleveraged into BTC, but why wouldn't that overleveraging have paid off, even if he has to shave off some BTC from time to time in order to cover expenses and even if he is only getting  6x or 7x returns rather than 30x?

Any of us who chose to place a very large amount of our total reserves into bitcoin is going to have to cash out from time to time because the world remains run on fiat and priced in fiat, at least expected for a considerable time into the future.

Personally, I believe that it remains much more prudent to have some of your cashflow figured out in fiat for 6-12 months in advance - and if bear trends continue for longer, then the next plan is going to involve dipping into bitcoin, especially if you have caused such a situation in your own way of keeping a large amount of your total value in BTC.

So far in BTC's history, such a plan to keep a large amount of value in BTC will have worked for a large number of folks, if they front load, and if their cashing out plan has at least a few years.   Actually, if there was front loading in late 2013 in the supra $1k price territory, it would have taken 4 years to get into the break even territory, but then to really prosper after that, as long as there was an ability to hang on for a bit longer.

Who knows if such plans to frontload and to have 3-4 year plus timelines will continue to pay off in bitcoin in the coming years?  Does seem that odds remain decently well in such plans and practices continuing to be quite profitable, even though risky, but there likely could be a need to have several years in the personal plan's timeline in order to be able to really insure that the reaping of benefits is going to be profitable without being forced to withdraw too much of the value during low price periods.

I think we need some kind of universal basic income. UBI or a very bloody system reset (global war).

It's like Anonymint said, most of the people posting here are Dunning Krugers.  Everyone just spams rehashed Andreas Antonopolous talking points which aren't even true.  The only time you hear any actual facts, non-herd opinion or propaganda, or new concepts at all, are from people like me who are not posting rearranged Andreas Antonopolous pump and dumper spam.

We live in a world with finite space and constantly increasing population. Millenials can very well afford houses, but they want houses in heavily congested areas that they can not afford. I never understood why poor people would try to move to rich cities without having a job guarantee.
Millionaires could start complaining that they can't afford the houses of billionaires and it'd be roughly the same thing with an extra three zeroes. It's just a plain retarded argument that has no place in reality.

Furthermore, wealth concentrating among older people is also a more than obvious conclusion. After all, they had more time to mature in their financial decisions.

Wealth inequality is a non-problem and merely a propaganda talking point that distracts people from empowering themselves. I'm a millenial from a low income immigrant family by the way, and there's no such thing as lack of upward mobility. Just don't fucking spend 99% of your waking hours getting shitfaced and you'll at least move toward a comfortable upper middle class life with more than enough options to purchase reasonable real estate (multiple rooms, pools, saunas in most cities). It may not be easy, but it certainly is as simple as that.

Anyone who has time to complain about wealth inequality doesn't really deserve moving upwards in the food chain, as they could've invested the same time on figuring out sensible goals for their life as well as some steps towards them. Whining and trying to steal from others who have done so before is going to do fuck all at best, and get a lot of people killed at worst. Just stop.

He lost me at "When the final bottom is in, which we believe will be below $1,000".
With no explanation provided whatsoever, apart from 'regulation would continue' it was just annoying numerology, nothing else.


interesting

I only know one person who keeps hammering on this point. Well, theory is just that .... a theory.

Honey Badger ain't no know Mr Schelling and does not care.

• All Models are wrong
• Some Models are useful

To me, Schelling point solely seems to be a fancy way of arguing that Bitcoin can be copied. Good luck with that. The existence of 1,000s of copy cat coins for many years while Bitcoin is still worth more than $0, proves this interesting quasi intellectual wordy argumentation as useless as Bitcoin Cash  

Dead. In. The. Water.

very much so

1cm cubes fried up and added to macaroni and cheese is the best

My buddy does a Hawaiian version of this with pineapple in it, just superb.

What even is spam? Reject cat food?

Do you like spam?

My brother just gave me this one on saturday....
And I remember you wearing a dsquared on that selfie stadion pic
So this was one on my homecrew pitch
The field where I rule haha sometimes