I expect lateral markets with going down progresively from now on
Greece problem is over right now, and market has to stabilize
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21266. (Read 26713246 times)
July 14, 2015, 09:41:12 PM
July 14, 2015, 09:10:01 PM
You are obviusly not stupid, and yes, the value is defined not by the beer in itself, but individuals, considering it, all persons are different, so there is no yardstick, it is personal, psychological, individual. Every price you see, is the value from individuals preferring, with the help of their total life experience and individual needs, one thing over another. Is this your problem, do you think that therefore, we can not group value into two distinct types, intrinsic and speculative?
Oh, we can have many groups of value. In fact, I would say that intrinsic and speculative would surely not be enough since, in my book, intrinsic value would be an empty set. Speculative is a subset of extrinsic value since one might value something not merely because one hopes to exchange it for increased value/price later.
Now, the intrinsic properties of gold might have subjective value in the common sphere. It is shiny, resists corrosion, easily malleable, heavy (dense), all that jazz. But all those are location, time and context dependent.
At this stage, I think we both see where the other is coming from so there's little point beating it to death and there are many better places to read about the arguments. Austrian economics just tends to reject the idea of intrinsic value.
https://en.wikipedia.org/wiki/Subjective_theory_of_value
Again, you seem to be fixed on the word subjective, as if it under discussion. Who talks about objective value? Not me. Your struggle with the word intrinsic, is as if you are hypnotized, and programmed to go into delirium mode when the word intrinsic is uttered.
Well your attitude is not helpful. It is destructive. It is a barrier to learning a meaningful aspect of money.
And no, there are no better places for this discussion. This is the best place.
The reason he might seem "as if [he is] hypnotized" is that that is what you are discussing. Does gold have intrinsic value? Is there such a thing as intrinsic value in economics or are all concepts of value in economics subjective? His position is a non-positivistic one.
July 14, 2015, 09:01:34 PM
July 14, 2015, 08:25:05 PM
Placed my bids at an avg. of $276, let's see how it goes...
I expect the next entry point to be as low as $1 = 0.00353357BTC July 14, 2015, 08:01:36 PM
July 14, 2015, 07:06:34 PM
You are obviusly not stupid, and yes, the value is defined not by the beer in itself, but individuals, considering it, all persons are different, so there is no yardstick, it is personal, psychological, individual. Every price you see, is the value from individuals preferring, with the help of their total life experience and individual needs, one thing over another. Is this your problem, do you think that therefore, we can not group value into two distinct types, intrinsic and speculative?
Oh, we can have many groups of value. In fact, I would say that intrinsic and speculative would surely not be enough since, in my book, intrinsic value would be an empty set. Speculative is a subset of extrinsic value since one might value something not merely because one hopes to exchange it for increased value/price later.
Now, the intrinsic properties of gold might have subjective value in the common sphere. It is shiny, resists corrosion, easily malleable, heavy (dense), all that jazz. But all those are location, time and context dependent.
At this stage, I think we both see where the other is coming from so there's little point beating it to death and there are many better places to read about the arguments. Austrian economics just tends to reject the idea of intrinsic value.
https://en.wikipedia.org/wiki/Subjective_theory_of_value
Again, you seem to be fixed on the word subjective, as if it under discussion. Who talks about objective value? Not me. Your struggle with the word intrinsic, is as if you are hypnotized, and programmed to go into delirium mode when the word intrinsic is uttered.
Well your attitude is not helpful. It is destructive. It is a barrier to learning a meaningful aspect of money.
And no, there are no better places for this discussion. This is the best place.
July 14, 2015, 07:01:42 PM
July 14, 2015, 06:58:13 PM
HAHA, we finally got a selfie of trollypop w/ her entourage. Seriously tho, did Adam get his computer taken away by the wife again or is he on vacation? Dude is abandoning his own thread when things are starting to heat up.
He posted a few days ago that he is on vacation and will not be posting.
July 14, 2015, 06:57:17 PM
we are doing it right, some pumps & dumps /week.
I like it when the price moves up and down as long as there's more up. 
July 14, 2015, 06:03:27 PM
July 14, 2015, 06:01:35 PM
July 14, 2015, 05:55:48 PM
we are doing it right, some pumps & dumps /week.
July 14, 2015, 05:31:15 PM
HAHA, we finally got a selfie of trollypop w/ her entourage. Seriously tho, did Adam get his computer taken away by the wife again or is he on vacation? Dude is abandoning his own thread when things are starting to heat up.
Hmm. Well, let's be honest here, every time he gets excited on this thread the price plummets. Perhaps he's cottoned on to that and is staying quiet but he did say he was on vacation the last time he popped up.
July 14, 2015, 05:28:38 PM
HAHA, we finally got a selfie of trollypop w/ her entourage. Seriously tho, did Adam get his computer taken away by the wife again or is he on vacation? Dude is abandoning his own thread when things are starting to heat up.
July 14, 2015, 05:12:22 PM
Bought a couple @$290. I was hoping to accumulate more below $250, but it looks like a base is forming here.
July 14, 2015, 05:01:35 PM
July 14, 2015, 04:53:48 PM
Hi Guyz!
I've developed a more open attitude to TA. I've even tinkered a bit with it myself:
Please tell me what you think.
I've developed a more open attitude to TA. I've even tinkered a bit with it myself:
Please tell me what you think.
I feel how much bored you are brother
July 14, 2015, 04:36:55 PM
Hi Guyz!
I've developed a more open attitude to TA. I've even tinkered a bit with it myself:
Please tell me what you think.
I've developed a more open attitude to TA. I've even tinkered a bit with it myself:
Please tell me what you think.
July 14, 2015, 04:08:36 PM
July 14, 2015, 04:01:35 PM
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