Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21814.

sAt0sHiFanClub

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Quote from: Fatman3001 on May 04, 2015, 06:33:16 AM

Quote from: sAt0sHiFanClub on May 04, 2015, 06:27:32 AM

Quote from: Fatman3001 on May 04, 2015, 06:15:33 AM

Thankfully for H.H.Dr.Prof Bitcoin is completely irrelevant for his region.

https://www.google.no/url?sa=t&source=web&rct=j&ei=9lJHVYScIuWvygOB8YGYCQ&url=http://www.economist.com/blogs/schumpeter/2014/06/bitcoin-argentina&ved=0CDAQFjAC&usg=AFQjCNGFKuMeMdB1FY0aSHGPaJBSjQljeA&sig2=kG2wGvhrW33XVR92hFv4jg

https://www.google.no/url?sa=t&source=web&rct=j&ei=9lJHVYScIuWvygOB8YGYCQ&url=http://www.vox.com/2015/4/30/8521747/argentina-bitcoin-inflation-fad&ved=0CDgQFjAE&usg=AFQjCNEbxKbtpq6lxly8VL4x-3Cc1eFalg&sig2=45mUyZxQtaxvMsRe_B3_1Q

That first article is almost a year old, Anything more recent?

The second article, dimwit!

Indeed! touche, monsiour.. Cool

Only problem is that its from Vox. Its a bit flag wavey.

Norway

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Quote from: sAt0sHiFanClub on May 04, 2015, 05:49:41 AM

Quote from: Ivanhoe on May 04, 2015, 05:40:57 AM

Quote from: JorgeStolfi on May 04, 2015, 05:37:08 AM

Quote from: marcus_of_augustus on May 04, 2015, 03:36:54 AM

Ask Stofli to analyse the downsides experienced by multiple devaluations of the Brazilian money? Especially for the victims of those fiat money scams perpetrated by the governments he champions at every turn. He is an unashamed cheerleader for the financial destruction and poverty bought about by all the worst economic theories entrapping hundreds of millions.

First ask the victims of PirateAt40 and Karpelès and all the rest how your good, sound, deflationary Austrian money protected their wealth from those ancap libertarian champions. You are an unashamed cheerleader for the financial destruction and poverty bought about by all the worst economic theories, and the scammers who are trying to fleece hundreds of millions...

Do you also blame the dollar when a bank is robbed?

There isn't a facepalm gif in existence that would do that comment justice.

It doesn't sound like you are a member of Satoshi Fan Club Wink

rebuilder

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Man, any reasonable discussion just flows right off this thread! Should we finally just rename it "The Pit" and be done with it?

Fatman3001

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Quote from: sAt0sHiFanClub on May 04, 2015, 06:32:40 AM

Quote from: LFC_Bitcoin on May 04, 2015, 06:22:40 AM

Quote from: Ivanhoe on May 04, 2015, 05:31:07 AM

I do have to admit I kind of pity Jorge. Going into the history books as a clown and a parody on science. Just let the old fool rant and put up his biased ( academic much? ) non sense.

in my experience many people who are academics/intellectuals don't end up getting rich because they don't take enough risks.

Its those who try to "end up rich" without proper due diligence usually end up dead poor.

Simply 'getting rich' is a pretty empty life goal anyway.

And trolling the internet isn't?

Fatman3001

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Quote from: sAt0sHiFanClub on May 04, 2015, 06:27:32 AM

Quote from: Fatman3001 on May 04, 2015, 06:15:33 AM

Thankfully for H.H.Dr.Prof Bitcoin is completely irrelevant for his region.

https://www.google.no/url?sa=t&source=web&rct=j&ei=9lJHVYScIuWvygOB8YGYCQ&url=http://www.economist.com/blogs/schumpeter/2014/06/bitcoin-argentina&ved=0CDAQFjAC&usg=AFQjCNGFKuMeMdB1FY0aSHGPaJBSjQljeA&sig2=kG2wGvhrW33XVR92hFv4jg

https://www.google.no/url?sa=t&source=web&rct=j&ei=9lJHVYScIuWvygOB8YGYCQ&url=http://www.vox.com/2015/4/30/8521747/argentina-bitcoin-inflation-fad&ved=0CDgQFjAE&usg=AFQjCNEbxKbtpq6lxly8VL4x-3Cc1eFalg&sig2=45mUyZxQtaxvMsRe_B3_1Q

That first article is almost a year old, Anything more recent?

The second article, dimwit!

sAt0sHiFanClub

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Quote from: LFC_Bitcoin on May 04, 2015, 06:22:40 AM

Quote from: Ivanhoe on May 04, 2015, 05:31:07 AM

I do have to admit I kind of pity Jorge. Going into the history books as a clown and a parody on science. Just let the old fool rant and put up his biased ( academic much? ) non sense.

in my experience many people who are academics/intellectuals don't end up getting rich because they don't take enough risks.

Its those who try to "end up rich" without proper due diligence that usually end up dead poor.

Simply 'getting rich' is a pretty empty life goal anyway.

sAt0sHiFanClub

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Activity: 546

Merit: 500

Warning: Confrmed Gavinista

Quote from: Fatman3001 on May 04, 2015, 06:15:33 AM

Thankfully for H.H.Dr.Prof Bitcoin is completely irrelevant for his region.

https://www.google.no/url?sa=t&source=web&rct=j&ei=9lJHVYScIuWvygOB8YGYCQ&url=http://www.economist.com/blogs/schumpeter/2014/06/bitcoin-argentina&ved=0CDAQFjAC&usg=AFQjCNGFKuMeMdB1FY0aSHGPaJBSjQljeA&sig2=kG2wGvhrW33XVR92hFv4jg

https://www.google.no/url?sa=t&source=web&rct=j&ei=9lJHVYScIuWvygOB8YGYCQ&url=http://www.vox.com/2015/4/30/8521747/argentina-bitcoin-inflation-fad&ved=0CDgQFjAE&usg=AFQjCNEbxKbtpq6lxly8VL4x-3Cc1eFalg&sig2=45mUyZxQtaxvMsRe_B3_1Q

That first article is almost a year old, Anything more recent?

Quote

in late 2013 and early 2014 the dollar value of bitcoin dropped from nearly $1,200 to below $600 in a few weeks (the rate has since recovered somewhat).

Recovered, indeed.

LFC_Bitcoin

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Quote from: Ivanhoe on May 04, 2015, 05:31:07 AM

I do have to admit I kind of pity Jorge. Going into the history books as a clown and a parody on science. Just let the old fool rant and put up his biased ( academic much? ) non sense.

I do wonder why a man who himself states
Academic interest in bitcoin only. Not owner, not trader, very skeptical of its longterm success.
is a hero member on a bitcoin forum.
That is a lot of man hours dedicated to something he only 'has an academic interest in'.

Why not focus those efforts on something that he could actually benefit from financially.
He might be a really intelligent man but in my experience many people who are academics/intellectuals don't end up getting rich because they don't take enough risks.
Too straight laced, live life by the book.

sAt0sHiFanClub

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Quote from: Miz4r on May 04, 2015, 05:52:47 AM

Quote from: JorgeStolfi on May 04, 2015, 05:37:08 AM

Quote from: marcus_of_augustus on May 04, 2015, 03:36:54 AM

Ask Stofli to analyse the downsides experienced by multiple devaluations of the Brazilian money? Especially for the victims of those fiat money scams perpetrated by the governments he champions at every turn. He is an unashamed cheerleader for the financial destruction and poverty bought about by all the worst economic theories entrapping hundreds of millions.

First ask the victims of PirateAt40 and Karpelès and all the rest how your good, sound, deflationary Austrian money protected their wealth from those ancap libertarian champions. You are an unashamed cheerleader for the financial destruction and poverty bought about by all the worst economic theories, and the scammers who are trying to fleece hundreds of millions...

PirateAt40 was a ponzi scam, just because someone runs a scam using bitcoins doesn't mean bitcoin itself is bad. Otherwise the dollar would be much worse. Getting involved with PirateAt40 or Karpeles was a personal choice people made out of their own free will, and I sure as hell made sure to stay far away from both. Against government and banker scams however you have no choice whatsoever but sit still and watch yourself get robbed.

You are right. A scammer using bitcoin to scam should not impugn bitcoin itself. Lets keep this to the actual system, and not potential abuses.

Fatman3001

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Activity: 1554

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Make Bitcoin glow with ENIAC

Thankfully for H.H.Dr.Prof Bitcoin is completely irrelevant for his region.

https://www.google.no/url?sa=t&source=web&rct=j&ei=9lJHVYScIuWvygOB8YGYCQ&url=http://www.economist.com/blogs/schumpeter/2014/06/bitcoin-argentina&ved=0CDAQFjAC&usg=AFQjCNGFKuMeMdB1FY0aSHGPaJBSjQljeA&sig2=kG2wGvhrW33XVR92hFv4jg

https://www.google.no/url?sa=t&source=web&rct=j&ei=9lJHVYScIuWvygOB8YGYCQ&url=http://www.vox.com/2015/4/30/8521747/argentina-bitcoin-inflation-fad&ved=0CDgQFjAE&usg=AFQjCNEbxKbtpq6lxly8VL4x-3Cc1eFalg&sig2=45mUyZxQtaxvMsRe_B3_1Q

Elwar

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Viva Ut Vivas

Quote from: Ivanhoe on May 04, 2015, 05:31:07 AM

I do have to admit I kind of pity Jorge. Going into the history books as a clown and a parody on science. Just let the old fool rant and put up his biased ( academic much? ) non sense.

Start to worry when the socialists start to like Bitcoin.

I am just fine with reading HuffPo and Salon and seeing all of the liberals talking about staying away from Bitcoin.

The best path forward is if they are all stuck with their fiat. The best thing for the world is for them to all be in fiat.

ChartBuddy

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inca

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Quote from: sAt0sHiFanClub on May 04, 2015, 05:48:08 AM

Quote from: Ivanhoe on May 04, 2015, 05:31:07 AM

I do have to admit I kind of pity Jorge. Going into the history books as a clown and a parody on science. Just let the old fool rant and put up his biased ( academic much? ) non sense.

Do you not have a sense of unease when your only response to an argument it to try and insult the person? I think that any interested lurkers on this forum reading these responses would be left feeling that there are few real arguments to support bitcoin.

If you wish to disagree, then lets see your argument. Otherwise, maintain a dignified silence.

He ignored my response.

Miz4r

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Quote from: JorgeStolfi on May 04, 2015, 05:37:08 AM

Quote from: marcus_of_augustus on May 04, 2015, 03:36:54 AM

Ask Stofli to analyse the downsides experienced by multiple devaluations of the Brazilian money? Especially for the victims of those fiat money scams perpetrated by the governments he champions at every turn. He is an unashamed cheerleader for the financial destruction and poverty bought about by all the worst economic theories entrapping hundreds of millions.

First ask the victims of PirateAt40 and Karpelès and all the rest how your good, sound, deflationary Austrian money protected their wealth from those ancap libertarian champions. You are an unashamed cheerleader for the financial destruction and poverty bought about by all the worst economic theories, and the scammers who are trying to fleece hundreds of millions...

PirateAt40 was a ponzi scam, just because someone runs a scam using bitcoins doesn't mean bitcoin itself is bad. Otherwise the dollar would be much worse. Getting involved with PirateAt40 or Karpeles was a personal choice people made out of their own free will, and I sure as hell made sure to stay far away from both. Against government and banker scams however you have no choice whatsoever but sit still and watch yourself get robbed.

sAt0sHiFanClub

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Warning: Confrmed Gavinista

Quote from: Ivanhoe on May 04, 2015, 05:40:57 AM

Quote from: JorgeStolfi on May 04, 2015, 05:37:08 AM

Quote from: marcus_of_augustus on May 04, 2015, 03:36:54 AM

Ask Stofli to analyse the downsides experienced by multiple devaluations of the Brazilian money? Especially for the victims of those fiat money scams perpetrated by the governments he champions at every turn. He is an unashamed cheerleader for the financial destruction and poverty bought about by all the worst economic theories entrapping hundreds of millions.

First ask the victims of PirateAt40 and Karpelès and all the rest how your good, sound, deflationary Austrian money protected their wealth from those ancap libertarian champions. You are an unashamed cheerleader for the financial destruction and poverty bought about by all the worst economic theories, and the scammers who are trying to fleece hundreds of millions...

Do you also blame the dollar when a bank is robbed?

There isn't a facepalm gif in existence that would do that comment justice.

sAt0sHiFanClub

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Activity: 546

Merit: 500

Warning: Confrmed Gavinista

Quote from: Ivanhoe on May 04, 2015, 05:31:07 AM

I do have to admit I kind of pity Jorge. Going into the history books as a clown and a parody on science. Just let the old fool rant and put up his biased ( academic much? ) non sense.

Do you not have a sense of unease when your only response to an argument it to try and insult the person? I think that any interested lurkers on this forum reading these responses would be left feeling that there are few real arguments to support bitcoin.

If you wish to disagree, then lets see your argument. Otherwise, maintain a dignified silence.

Ivanhoe

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Activity: 841

Merit: 1000

Quote from: JorgeStolfi on May 04, 2015, 05:37:08 AM

Quote from: marcus_of_augustus on May 04, 2015, 03:36:54 AM

Ask Stofli to analyse the downsides experienced by multiple devaluations of the Brazilian money? Especially for the victims of those fiat money scams perpetrated by the governments he champions at every turn. He is an unashamed cheerleader for the financial destruction and poverty bought about by all the worst economic theories entrapping hundreds of millions.

First ask the victims of PirateAt40 and Karpelès and all the rest how your good, sound, deflationary Austrian money protected their wealth from those ancap libertarian champions. You are an unashamed cheerleader for the financial destruction and poverty bought about by all the worst economic theories, and the scammers who are trying to fleece hundreds of millions...

Do you also blame the dollar when a bank is robbed?

JorgeStolfi

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Quote from: marcus_of_augustus on May 04, 2015, 03:36:54 AM

Ask Stofli to analyse the downsides experienced by multiple devaluations of the Brazilian money? Especially for the victims of those fiat money scams perpetrated by the governments he champions at every turn. He is an unashamed cheerleader for the financial destruction and poverty bought about by all the worst economic theories entrapping hundreds of millions.

First ask the victims of PirateAt40 and Karpelès and all the rest how your good, sound, deflationary Austrian money protected their wealth from those ancap libertarian champions. You are an unashamed cheerleader for the financial destruction and poverty bought about by all the worst economic theories, and the scammers who are trying to fleece hundreds of millions...

sAt0sHiFanClub

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Quote from: marcus_of_augustus on May 04, 2015, 03:36:54 AM

It is not good work at all, it is elaborate trolling dressed up analysis. Stolfi always uses a small set of deviously well-chosen assumptions to ensure he gets the negative results he is looking for.

Monetary benefits can not be analysed simply by considering a payments network. The broader society-wide, intangible, economic benefits from good, sound money are manifest and difficult to quantify. What we do know is that rampant money printing, like from central bank fiat money, can be devastatingly destructive to whole nations, especially poor people and those not well-connected to government troughs, like university professors.

Ask Stofli to analyse the downsides experienced by multiple devaluations of the Brazilian money? Especially for the victims of those fiat money scams perpetrated by the governments he champions at every turn. He is an unashamed cheerleader for the financial destruction and poverty bought about by all the worst economic theories entrapping hundreds of millions. He is an enemy of freedom of the most devious, disgusting kind.

This is just drivel. You havent given us any figures, or cited any examples to disprove him. You just use vague language,

Quote

The broader society-wide, intangible, economic benefits from good, sound money are manifest and difficult to quantify.

What?

Jorge talks specifics, you are just waffling with banal generalities.

Quote

Ask Stofli to analyse the downsides experienced by multiple devaluations of the Brazilian money? Especially for the victims of those fiat money scams perpetrated by the governments he champions at every turn. He is an unashamed cheerleader for the financial destruction and poverty bought about by all the worst economic theories entrapping hundreds of millions. He is an enemy of freedom of the most devious, disgusting kind.

Irrelevant twaddle. Stick to the subject at hand - bitcoin. You are starting to sound hysterical.

Ivanhoe

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I do have to admit I kind of pity Jorge. Going into the history books as a clown and a parody on science. Just let the old fool rant and put up his biased ( academic much? ) non sense.

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