Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19527. (Read 26610026 times)

legendary
Activity: 981
Merit: 1005
No maps for these territories
This descending triangle closes in few hours. Dumpage incoming

I nailed it again. Im starting to see bitcoinwisdom as neo sees throught the matrix, maybe I should start trading
newbie
Activity: 42
Merit: 0
(2) property and economical rights of the individual are not absolute but are subordinate to the interests of society as a whole

So you are a communist...

(3) the state is supposed to provide public services like health care, education, social security, transportation infrastructure, emergency and security services, etc.;

So you are a communist...

(4) the state should try to ensure equal opportunities to everybody and ensure that everybody has a decent minimal living conditions.

So you are a communist...


So you are a Nazi?

(Did I do that right? :3)

Jorge successfully trolled me tho. In my defense, I'm slow.
legendary
Activity: 1582
Merit: 1006
beware of your keys.
at least upped a little at this moment.

this time i would seek for as low as 350, 400 is now seemed to be a big barrier, based on what the china just did.
you know, the bitcoin is always 'bump or dump'. FYI the debate on the bitcoin core seems to be more fierce now, since people throughout the china is now sticking the 'core'. Sad
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
(2) property and economical rights of the individual are not absolute but are subordinate to the interests of society as a whole

So you are a communist...

(3) the state is supposed to provide public services like health care, education, social security, transportation infrastructure, emergency and security services, etc.;

So you are a communist...

(4) the state should try to ensure equal opportunities to everybody and ensure that everybody has a decent minimal living conditions.

So you are a communist...


So you are a Nazi?

(Did I do that right? :3)

Not really. He wrongly labeled a moderate as en extremist. You're spot on.
legendary
Activity: 1470
Merit: 1007
(2) property and economical rights of the individual are not absolute but are subordinate to the interests of society as a whole

So you are a communist...

(3) the state is supposed to provide public services like health care, education, social security, transportation infrastructure, emergency and security services, etc.;

So you are a communist...

(4) the state should try to ensure equal opportunities to everybody and ensure that everybody has a decent minimal living conditions.

So you are a communist...


So you are a Nazi?

(Did I do that right? :3)
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
The Brazilian ButtReal lost 63% of it purchasing power against the USD in 2015,
Just saying  Grin
legendary
Activity: 1162
Merit: 1004
The key thing the Stolfinator doesn't understand about being a socialist is, one man's free stuff is another man's indentured servitude.  He keeps preaching this "more just society" nonsense while supporting a pro-slavery ideology.

Capitalists are collectivists as well, since they promote a market which is per se a state bastard.

Is it capitalism and a "free market" when banks fail and we pay the bill? It's bullshit, that's what it is.
Is it socialism when the governing oligarchy and their circle have extensive privileges over others?

The elite don't have economic ideologies. Economy is just one very important tool, out of many tools, to exercise global control. People fight over socialism, capitalism, and other 'ism's, when there are no such systems in existence. They are all bastard systems, customized to serve other agendas.

Yes. "Free market" is an oxymoron. There is no such thing. Free people who live beyond the state don't need a market. There is no such thing as a growing market/economy among ungoverned people in the rain forest.
legendary
Activity: 929
Merit: 1000
dunno if you guys know...http://www.themoscowtimes.com/article/514363.html

Russia has blocked five websites tied to the "bitcoin" digital currency in an effort to fight the growth of the "shadow economy," according to a state media watchdog.

The list of blocked sites published on Roskomnadzor's social media page this week includes Bitcoin.org, Bitcoin.it, BTCsec.com, Indacoin and Coinspot.ru. A number of other bitcoin sites continue to operate in Russia, including bitcoin trading website BTC-E.com.

I also hear bitstamp is banned.

What about bitcointalk, has Russia banned that like China did? I suspect many more people view bitcointalk than any of those websites you listed. Even if Russia bans bitcointalk I doubt it will matter, Bitcoin is thriving in China despite its bitcointalk ban which I assume is still ongoing.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1708
Merit: 1049
The key thing the Stolfinator doesn't understand about being a socialist is, one man's free stuff is another man's indentured servitude.  He keeps preaching this "more just society" nonsense while supporting a pro-slavery ideology.

Capitalists are collectivists as well, since they promote a market which is per se a state bastard.

Is it capitalism and a "free market" when banks fail and we pay the bill? It's bullshit, that's what it is.
Is it socialism when the governing oligarchy and their circle have extensive privileges over others?

The elite don't have economic ideologies. Economy is just one very important tool, out of many tools, to exercise global control. People fight over socialism, capitalism, and other 'ism's, when there are no such systems in existence. They are all bastard systems, customized to serve other agendas.
legendary
Activity: 1162
Merit: 1004
The key thing the Stolfinator doesn't understand about being a socialist is, one man's free stuff is another man's indentured servitude.  He keeps preaching this "more just society" nonsense while supporting a pro-slavery ideology.

Capitalists are collectivists as well, since they promote a market which is per se a state bastard. People who live beyond the state (rain forest) don't need a market. They don't trade with aliens. They are self-sufficient (anarchy).
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2968
Merit: 1198
Judging by your product (college grads) you are overcharging. Those surveys that test graduates basic knowledge of history or government should be embarrassing to you.

http://www.cnn.com/2016/01/19/politics/judge-judy-supreme-court-poll/
legendary
Activity: 2758
Merit: 1075
dunno if you guys know...http://www.themoscowtimes.com/article/514363.html

Russia has blocked five websites tied to the "bitcoin" digital currency in an effort to fight the growth of the "shadow economy," according to a state media watchdog.

The list of blocked sites published on Roskomnadzor's social media page this week includes Bitcoin.org, Bitcoin.it, BTCsec.com, Indacoin and Coinspot.ru. A number of other bitcoin sites continue to operate in Russia, including bitcoin trading website BTC-E.com.

I also hear bitstamp is banned.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1106
Merit: 1007
Hide your women
 Capitalism (as a political term) basically says that whatever you can grab by following the rules of the game, you can keep. In particular, it sees no difference between gains from speculative trading,  monopolistic and abusive pricing, deceitful marketing, exploitation of cheap labor, activities that damage the envirnment or public health, etc.; and the state should not try to hamper such activities.  In Capitalism, poverty and inequality are non-problems.


That's such a bag of wrong, I don't know where to start. Speculation is a legitimate market activity. Good speculators provide liquidity when it is needed and bad speculators pay the good speculators. No one needs to be coerced out of their earnings for this service, unlike government-provided services.

Quote


Quote
Free markets by definition are free from State interference.  Monopolies are only possible with state help. Cartels don't work, witness OPEC.  

That is a serious distortion of the term "free market"  that Libertarians and Anarchists have invented.  Sorry, a free market is totally not a market that is free from regulation and control.  

Basically, it is a market where consumers are free to chose among suppliers, suppliers are free to set their prices as they like, there are no artificial production quotas, and -- most important -- there is no spurious barrier to the entry of new suppliers.  In a free market, theory says that prices will adjust to be the cost of production plus a profit that is about just enough to make that market as profitable as any other activity.  

The opposite of a free market is an oligopoly (including monopoly), where there are few suppliers and new ones are prevented from entry (even if they have the capital and capability to do so).  Then the suppliers can conspire to raise their prices to the level that maximizes their net revenue, which can be much higher than the free market price.

Left to themselves, markets often degenerate into oligopolies or monopolies, because of the same factors that led to concentration of bitcoin mining.  Many countries have antitrust and competition laws to prevent that from happening and keep the markets free.

This is why I said you don't know anything about economics. Monopolies originated as companies granted specifically by the government an exclusive charter to do business in a given area or industry. These were companies like the Hudson Bay Company or the East India company. Modern monopolies are more subtle about how they rely on the State to maintain dominant market share. Microsoft externalizes the costs of patent and trademark enforcement. Others use copyright law to do the same. Still others use regulatory capture.   

Yes, capital-intensive industries give advantages to businesses with more capital. That's why it's called "capitalism",  but that should be the only barrier to entry and it almost never is. Why should poor women need a license to cut hair or do manicures?  It's protectionism by incumbent players to limit competition, although they always claim it's about quality.

Yet in spite of its advantages Microsoft STILL lost market share to apple, android etc because contrary to your claim, the natural tendency for large corporations is to get complacent and too conservative, and therefor less competitive.  Look at the formulaic crap pumped out by major motion picture studios. It's the small independents at Sundance that make all the interesting stuff.

Or take your field: Universities have a near monopoly on post secondary credentialing, but you haven't done anything exiting and new in centuries. Judging by your product (college grads) you are overcharging. Those surveys that test graduates basic knowledge of history or government should be embarrassing to you.  Silicone valley doesn't even give a shit if a prospective employee has a degree. They just want to see what you've made. Your projects are your resume. 
Jump to: