Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24106.

NotLambchop

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Quote from: jonoiv on December 07, 2014, 01:59:55 PM

...
You think the averge paycheck will be 4 times bigger in 10 years?

If the inflation is high enough to devalue the dollar by 75% (your candy bar example, and just a touch more than what happened to BTC this year), absolutely. The chart you have posted not only agrees with my expectations, but suggests that in such a scenario, income would MORE than quadruple.
That's why it's important to *understand* the charts you post.

Quote

Is there a single person on this thread that has 10% pay rise year on year? Footballers, ceo's and politicians... anyone else?

Not sure, I find it difficult and unpleasant to imagine what you Bitcoiners do for work.
But I know that a candy bar which cost $1 ten years ago does not cost $4. According to this,

... it costs just $1.26.

I was just entertaining your hypothetical Undecided

Are you beginning to realize how important it is to know what you're talking about before typing? Angry

ChartBuddy

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jonoiv

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🐺Dogs for President🐺

Quote from: NotLambchop on December 07, 2014, 01:49:34 PM

Quote from: jonoiv on December 07, 2014, 01:33:08 PM

Quote from: NotLambchop on December 06, 2014, 09:22:56 PM

The $1 chocolate bar will be $4 in 10 years. The average paycheck will also be x4 bigger.

...

Do you understand the chart you have just posted? I recognize the bottom plot, it's compensated for inflation.
Meaning REAL income (compensated) has increased, but not as much as productivity.

Here's a similar one:

That's what makes you bitcoiners so amusing tho. Don't ever change Cheesy

You think the averge paycheck will be 4 times bigger in 10 years?

Maybe for the plutonomy, but not for 99.99% of the rest of us. Wages have gone up 20% in 10 years in the UK. The price of my flat has gone from £20k to £100k in the same time frame.

Is there a single person on this thread that has even a 10% pay rise year on year? Footballers, ceo's and politicians... anyone else?

EDIT: (7.2% compound)

hmmkay

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Quote from: inca on December 07, 2014, 01:55:21 PM

You are a bitcoiner lambchop. Possibly one of the most ardent given the extreme length of time you devote on this forum.

Exactly, especially with all that photoshopping on the side.
Amazing how much time and energy he's willing to spend on here.

oda.krell

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Quote from: JorgeStolfi on December 07, 2014, 01:34:04 PM

Folks, once more, please, hear the voice of experience: "don't drink and post".

Spoilsport.

inca

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You are a bitcoiner lambchop. Possibly one of the most ardent given the extreme length of time you devote on this forum.

NotLambchop

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Quote from: jonoiv on December 07, 2014, 01:33:08 PM

Quote from: NotLambchop on December 06, 2014, 09:22:56 PM

The $1 chocolate bar will be $4 in 10 years. The average paycheck will also be x4 bigger.

...

Do you understand the chart you have just posted? I recognize the bottom plot, it's compensated for inflation.
Meaning REAL income (compensated) has increased, but not as much as productivity.

Here's a similar one:

That's what makes you bitcoiners so amusing tho. Don't ever change Cheesy

JorgeStolfi

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Folks, once more, please, hear the voice of experience: "don't drink and post".

jonoiv

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🐺Dogs for President🐺

Quote from: NotLambchop on December 06, 2014, 09:22:56 PM

The $1 chocolate bar will be $4 in 10 years. The average paycheck will also be x4 bigger.

podyx

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NotLambchop

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Amazing how far man has progressed in just the past century.

Quote from: oda.krell on December 07, 2014, 12:39:03 PM

Should have probably specified, by "m'ladies" I meant this:

...

ChartBuddy

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podyx

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oda.krell

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Should have probably specified, by "m'ladies" I meant this:

(Nevermind boring old me on the first picture ^_^)

phoenix1

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Quote from: oda.krell on December 07, 2014, 12:23:33 PM

I like to introduce myself as a crypthusiast in real life, followed by a quick tip to my fedora. The m'ladies dig it.

I've blacked out the basement windows and receive my food through a hatch, so it's not an issue

oda.krell

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Quote from: billyjoeallen on December 07, 2014, 10:28:51 AM

Volume has gone to crap, but again we have done our job. We have eaten all the volatility for the time being.
Everyone is expecting the Sunday night bump (I am also), but what if we don't get much of one?

The problem with expecting something good is that there are no surprises to the upside. So are we getting this low volume melt up as a prelude to dumping like on Dec 2, or the first rumblings of a breakout? I'm net long but hedged short, so I don't really care. It will be interesting to watch.

Yeah, that's not how it works, unless you balanced it out completely.

Care to give us a rough idea of the ratio of one to the other? That should determine sort of how much you care which way it breaks out.

NotLambchop

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^

oda.krell

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I like to introduce myself as a crypthusiast in real life, followed by a quick tip to my fedora. The m'ladies dig it.

ChartBuddy

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NotLambchop

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Quote from: BlindMayorBitcorn on December 07, 2014, 11:40:47 AM

Quote from: Newbie1022 on December 07, 2014, 11:38:43 AM

Quote from: NotLambchop on December 06, 2014, 08:46:06 PM

,@Newbie1022: "Bitcoiner" is not just someone who uses/has/trades Bitcoin.
I've never called myself a "Bitcoiner" outside of this forum--that's just embarrassing. Genteel folk would probably back away with a forced smile, but children are certain to point fingers and laugh Undecided

Fair

Sensible troll is sensible

We'd like to talk to you about Bitcoin.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24106. (Read 26608844 times)