Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24094.

NotLambchop

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Activity: 378

Merit: 254

Quote from: Richy_T on December 21, 2014, 07:53:14 PM

Quote from: NotLambchop on December 21, 2014, 07:19:06 PM

What is it about "this is the actual GDP chart, the other one was a fantasy of your fellow goldbugs" that you find so difficult to grasp?
No wealth is being stolen from you.
If you are poor, it is because you have squandered your money on ~~BTCeanie BTCabies~~ Bitcoin, or you simply suck at what you do & don't deserve to be rich.
If it is the prior, stop flushing your money down the toilet, and if the latter--get good. brah.

What part of "GDP is rising, inflation adjusted average wages remain stagnant" are you having trouble with?

No part, I agree with that. Let's fight for income equality, comrade, let's make the rich pay their fair share in taxes!
(Focus on the emboldened text

)

"U.S. economic growth is not translating into higher median family incomes. Real GDP per capita has increased while the real median income per household has not, indicating a trend of greater income inequality." http://en.wikipedia.org/wiki/Household_income_in_the_United_States

ChartBuddy

legendary

Activity: 2450

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

JorgeStolfi

hero member

Activity: 910

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Quote from: molecular on December 21, 2014, 07:23:36 PM

why would a pool hold this many coins.
170,000 got moved in this tx: https://blockchain.info/tx/5fcc0caeeedf3dcbfd72cf2ce01a32483191245bcc8b485a17f44416afffa1cf

Most of those coins were in this wallet
http://www.walletexplorer.com/wallet/058e4152cc0f2abc
which got many hundred-BTC transfers from the Bitstamp.net input wallet.
Perhaps it is Bitstamp's cold wallet, and they are just rearranging the furniture?

Richy_T

legendary

Activity: 2688

Merit: 2399

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: NotLambchop on December 21, 2014, 07:19:06 PM

What is it about "this is the actual GDP chart, the other one was a fantasy of your fellow goldbugs" that you find so difficult to grasp?
No wealth is being stolen from you.
If you are poor, it is because you have squandered your money on ~~BTCeanie BTCabies~~ Bitcoin, or you simply suck at what you do & don't deserve to be rich.
If it is the prior, stop flushing your money down the toilet, and if the latter--get good. brah.

What part of "GDP is rising, inflation adjusted average wages remain stagnant" are you having trouble with?

FreeBambi

newbie

Activity: 42

Merit: 0

Quote from: JimboToronto on December 21, 2014, 04:57:29 PM

Quote from: FreeBambi on December 20, 2014, 11:39:17 AM

than y dont other kids here kno how to draw like me? maby they liek bing rong?

Quote from: FreeBambi on December 20, 2014, 09:38:56 AM

The days when you could just shout down dissenting posters who refuse to pump this scheme are over.
Your gravy train ride is over too.
Last stop, gentlemen.
Everybody out.

Funny how your command of the English language varies from post to post.

i askd a adult 2 haelp

escalicha

hero member

Activity: 658

Merit: 1003

Quote from: FreeBambi on December 21, 2014, 07:34:44 PM

is blog chain hackt?

No, only goxed

FreeBambi

newbie

Activity: 42

Merit: 0

is blog chain hackt?

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Quote from: molecular on December 21, 2014, 07:23:36 PM

Quote from: ?? on ??

Quote from: BitAddict on December 21, 2014, 06:58:06 PM

Quote from: escalicha on December 21, 2014, 06:49:42 PM

Check it on https://blockchain.info

BearWhale returns?

Could be just a pool shuffling coins about. No?

Edit: I'm going with Yes

why would a pool hold this many coins.

170,000 got moved in this tx: https://blockchain.info/tx/5fcc0caeeedf3dcbfd72cf2ce01a32483191245bcc8b485a17f44416afffa1cf

I don't know. But we've seen large transactions before. I remember once it was Eligius moving coins around and everyone went mental

molecular

donator

Activity: 2772

Merit: 1019

Quote from: ?? on ??

Quote from: BitAddict on December 21, 2014, 06:58:06 PM

Quote from: escalicha on December 21, 2014, 06:49:42 PM

Check it on https://blockchain.info

BearWhale returns?

Could be just a pool shuffling coins about. No?

Edit: I'm going with Yes

why would a pool hold this many coins.

170,000 got moved in this tx: https://blockchain.info/tx/5fcc0caeeedf3dcbfd72cf2ce01a32483191245bcc8b485a17f44416afffa1cf

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: Richy_T on December 21, 2014, 06:28:12 PM

Quote from: NotLambchop on December 21, 2014, 03:29:38 PM

Quote from: inca on December 21, 2014, 03:17:08 PM

No rebuttal then?
Grin

Lol, I told you i posted a chart made by goldbugs, to err on your side of the argument. Here's a real one

This would correspond with that "projected" wage thing in your other chart. So this only back up the wealth being stolen by inflation proposition.

What is it about "this is the actual GDP chart, the other one was a fantasy of your fellow goldbugs" that you find so difficult to grasp?
No wealth is being stolen from you.
If you are poor, it is because you have squandered your money on ~~BTCeanie BTCabies~~ Bitcoin, or you simply suck at what you do & don't deserve to be rich.
If it is the prior, stop flushing your money down the toilet, and if the latter--get good. brah.

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: Richy_T on December 21, 2014, 06:45:10 PM

Quote from: NotLambchop on December 21, 2014, 02:58:19 PM

Those who are living paycheck-to-paycheck are the people I'm concerned about, not the rich complaining about not being rich enough.
No one saves for retirement by stuffing a mattress. 401(k), or even a bank account would do better. Welcome to the ~~20th~~ 21st century!

Yes because anyone who, say, makes an extra $10 in tips tonight will be straight on the phone to Scottrade in the morning. No, rather they will put a little aside, perhaps in a jar or maybe a low-yield savings account and build their wealth until it is large enough to actually do something with.

No, a part of the pay goes toward the 401(k).

Quote

Then, of course, we are entering the era of negative interest rates on savings. So perhaps the mattress is better.

Not where I bank. Where do you bank?

Quote

Of course, even if you aren't in this kind of situation, it's impossible to operate a checking account without keeping a balance so the government is helping itself there too, even when bail-ins are not happening.

Ah, and, the stock market. That's where all these inflated dollars are going, indeed. Nice fat bubble there. Nice if you happen to have some extra money to put in there. At least until the inevitable happens. Don't worry, the big boys who buddy up to the government will be able to make a tidy exit in good time. There will be plenty of people wondering where their retirement money went though.

Don't really care about your daddy issues with the government & your doomsday prognostications.
Continue to hodl your BTCeanies as the rest of the world laughs & points fingers.

ChartBuddy

legendary

Activity: 2450

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

BitAddict

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Quote from: escalicha on December 21, 2014, 06:49:42 PM

Check it on https://blockchain.info

BearWhale returns?

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Quote from: Fatman3001 on December 21, 2014, 06:55:51 PM

And the slaughter continues....

Good to be mentally prepared for it ahead of time Cry

Fatman3001

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Activity: 1554

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Make Bitcoin glow with ENIAC

And the slaughter continues....

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Quote from: escalicha on December 21, 2014, 06:49:42 PM

Check it on https://blockchain.info

That amount of coins would create a wall truly worthy of observation

escalicha

hero member

Activity: 658

Merit: 1003

Check it on https://blockchain.info

Richy_T

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Activity: 2688

Merit: 2399

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: NotLambchop on December 21, 2014, 02:58:19 PM

Those who are living paycheck-to-paycheck are the people I'm concerned about, not the rich complaining about not being rich enough.
No one saves for retirement by stuffing a mattress. 401(k), or even a bank account would do better. Welcome to the ~~20th~~ 21st century!

Yes because anyone who, say, makes an extra $10 in tips tonight will be straight on the phone to Scottrade in the morning. No, rather they will put a little aside, perhaps in a jar or maybe a low-yield savings account and build their wealth until it is large enough to actually do something with.

Then, of course, we are entering the era of negative interest rates on savings. So perhaps the mattress is better. Of course, even if you aren't in this kind of situation, it's impossible to operate a checking account without keeping a balance so the government is helping itself there too, even when bail-ins are not happening.

Ah, and, the stock market. That's where all these inflated dollars are going, indeed. Nice fat bubble there. Nice if you happen to have some extra money to put in there. At least until the inevitable happens. Don't worry, the big boys who buddy up to the government will be able to make a tidy exit in good time. There will be plenty of people wondering where their retirement money went though.

JimboToronto

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