Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28887. (Read 26609885 times)

legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
There are two basic ways to influence behavior; you can use/threaten force or you can persuade.

The problem with people who believe that coercion brings solutions is that when it doesn't the clear implication is that there has not been enough coercion. The endgame for this is unfortunate.


There is no reason to assume that a completely voluntary society would have any less competition for social status than our present society. By imposing status costs on free riders and rewarding status to contributors, there is every reason to expect that the net level of public goods would be just as high if not higher without a monopoly government. The difference would be in how those goods were administered and their composition. Contributors would have much more control over how their contributions were distributed with a result of more efficient administration.


http://www.samizdata.net/2013/07/how-charities-used-to-raise-money/
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Richy_T had some good ideas about balancing the budget, cancelling central banks and cutting down on government spending. These are nice, but I'm not sure they're doable. The very structure of the government as an institution prohibits them. Which is why I feel the need for non-governmental alternatives.

To be clear, I agree with you. When you look at the job that lays ahead and the history of the situation, it's a path that inevitably will not be taken. Unfortunately, the alternative is pretty catastrophic collapse with some very nasty consequences.

Unless, perhaps, another way presents itself. A way to detach from the sinking ship. I think that's what you're suggesting.
full member
Activity: 798
Merit: 100
Just noticed the new volume option on bitcoinwisdom. Smiley

May I suggest heading over to user/bitcoinwisdom's profile or the official btcwisdom thread and leave a donation. The guy and his website are awesome, imo: he's quick to react to (reasonable) suggestions (the volume(quote) was suggested by me some days ago, he implemented it in *no* time), his website is up and running with high reliability, and it's a breeze to use (like the very intuitive line tool). well worth a small donation /shameless plug

I agree completely. I have been using tradingview and was blown away after i found bitcoinwisdom.
member
Activity: 91
Merit: 10
legendary
Activity: 1470
Merit: 1007
Just noticed the new volume option on bitcoinwisdom. Smiley

May I suggest heading over to user/bitcoinwisdom's profile or the official btcwisdom thread and leave a donation. The guy and his website are awesome, imo: he's quick to react to (reasonable) suggestions (the volume(quote) was suggested by me some days ago, he implemented it in *no* time), his website is up and running with high reliability, and it's a breeze to use (like the very intuitive line tool). well worth a small donation /shameless plug

newbie
Activity: 47
Merit: 0
What do we think to the 2.3kBTC@$702 on bfx? Fairly far off at the moment, wonder what their thinking is..
hero member
Activity: 1011
Merit: 721
Decentralize everything
...

I think you have found one of your core competencies, sir.  You articulate these issues with clarity, and with passionate conviction.  If you successfully avoided chest thumping and upsmanship, you could distinguish yourself to lead an army of anarchists to victory.

I am reminded:  Darkest before dawn.

I second this sentiment. I wish I could write with your level of brevity and pertinence. Well done.  Smiley

[snip]

I think you're doing a very good job. Far better than most (myself included)

I just wanted to chime in as well and say thanks to all posters that contribute high quality posts to this thread (even if it's not always strictly on-topic..but hey, when has this ever been fully on topic Wink), you really make it worth reading this thread, even after all the junk that fonzie/zyk/mah87 etc post. Although I do still wish people would stop quoting them!

Anyway, some names I've noticed include, but aren't limited to: ErisDiscordia, MAbtc, aminorex, rpietila, oda.krell, TERA, mmitech, billyjoeallen, JorgeStolfi, Erdrogan, Ricky_T, ChartBuddy... you are appreciated, at least by me, even if us lurkers don't say it very often Kiss
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Apologies if this has already been posted or opened up for discussion - but what do you all think of the NY regulators proposal to accept applications for regulated bitcoin exchanges in the US?

http://www.dfs.ny.gov/about/po_vc_03112014.pdf



I think NY is desperate to stop the blood flowing from their high-tax, high-regulation culture.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
In case someone here is interested:
   
  U.S. judge freezes assets of Mt. Gox bitcoin exchange boss
  https://bitcointalksearch.org/topic/m.5649623

A Frenchman in Japan? What possible assets could a US judge freeze?
hero member
Activity: 616
Merit: 500
I got Satoshi's avatar!
Just a little fyi: my mother has worked at Deloitte's for 25 years and suddenly in the last 2 weeks, questions about bitcoin are appearing on their weekly business acumen quiz email sent round the offices... I see this as a sign that word is getting out in the finance world and they are slowly catching on...
introduced her to Litecoin already?  cause BTC is out and only in the hands of criminals  Wink
That would just be a waste of my time... nobody wants to hear about anything but bitcoin.
hero member
Activity: 1011
Merit: 721
Decentralize everything
[Suspicious link removed]j.com/article/SB10001424052702303795904579433222564439410.html[/url]
Quote
High-speed telecommunications provider Perseus Telecom and digital currency trading platform Atlas ATS formally launched Wednesday a globally integrated bitcoin exchange system in New York, Hong Kong and Singapore to facilitate trading in the digital currency by high-frequency trading firms and other large financial institutions.

The two firms' collaboration, first reported last month by The Wall Street Journal, marks a milestone in the evolution of bitcoin out of a retail-oriented, loosely regulated low-tech environment...

Non pay-wall link here
legendary
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
...

I think you have found one of your core competencies, sir.  You articulate these issues with clarity, and with passionate conviction.  If you successfully avoided chest thumping and upsmanship, you could distinguish yourself to lead an army of anarchists to victory.

I am reminded:  Darkest before dawn.

I second this sentiment. I wish I could write with your level of brevity and pertinence. Well done.  Smiley

The wealth disparity a) has always been with us, because it is a prerequisite for a functioning society and/or economy, b) does not matter so much as we are in many ways living in an abundance. Hipster lifestyle costs only a few trinkets, coffee, and digital goods. We already have an overabundance of physical goods in many places.

The current power structures hinder us from moving to the next level, globally. Releasing ourselves from them, quickly solves many of the problems, and also the amount of human labor globally would be reduced by 75-90% and replaced by living.

I am not very good in writing about these things though..

I think you're doing a very good job. Far better than most (myself included)

I've had my fill of the eternal debate for now. I'd love to observe some walls, but atm I might as well go paint my own walls and watch the paint dry..

legendary
Activity: 1260
Merit: 1002
Just a little fyi: my mother has worked at Deloitte's for 25 years and suddenly in the last 2 weeks, questions about bitcoin are appearing on their weekly business acumen quiz email sent round the offices... I see this as a sign that word is getting out in the finance world and they are slowly catching on...

introduced her to Litecoin already?  cause BTC is out and only in the hands of criminals  Wink

lol dude you cant be buying that s*** about LTC.. i see LTC only as a leverage to have moaaar BTC... Grin
newbie
Activity: 25
Merit: 0
[Suspicious link removed]j.com/article/SB10001424052702303795904579433222564439410.html[/url]
Quote
High-speed telecommunications provider Perseus Telecom and digital currency trading platform Atlas ATS formally launched Wednesday a globally integrated bitcoin exchange system in New York, Hong Kong and Singapore to facilitate trading in the digital currency by high-frequency trading firms and other large financial institutions.

The two firms' collaboration, first reported last month by The Wall Street Journal, marks a milestone in the evolution of bitcoin out of a retail-oriented, loosely regulated low-tech environment...
zyk
full member
Activity: 224
Merit: 101
Just a little fyi: my mother has worked at Deloitte's for 25 years and suddenly in the last 2 weeks, questions about bitcoin are appearing on their weekly business acumen quiz email sent round the offices... I see this as a sign that word is getting out in the finance world and they are slowly catching on...

introduced her to Litecoin already?  cause BTC is out and only in the hands of criminals  Wink
hero member
Activity: 1011
Merit: 721
Decentralize everything
Just noticed the new volume option on bitcoinwisdom. Smiley

Nice feature, thanks for the heads-up! I also noticed BTCChina: LTC/CNY has been added to the market list
sr. member
Activity: 308
Merit: 250
Just noticed the new volume option on bitcoinwisdom. Smiley

Thanks, This is usefull for long timeline volumes analysis.
full member
Activity: 798
Merit: 100
Just noticed the new volume option on bitcoinwisdom. Smiley
hero member
Activity: 616
Merit: 500
I got Satoshi's avatar!
Just a little fyi: my mother has worked at Deloitte's for 25 years and suddenly in the last 2 weeks, questions about bitcoin are appearing on their weekly business acumen quiz email sent round the offices... I see this as a sign that word is getting out in the finance world and they are slowly catching on...
donator
Activity: 1722
Merit: 1036
Billyjoelallen,

'Freeriders' are not a problem (not the small ones - technically anyone with no income is a free rider!). we have a massive surplus of work, everyone wants a job, but they are not needed, because the innovation we have seen in the 20th and 21st century has been immense.

But there is obviously a problem, this is that the income that a robot generates does not go to the poor guy it replaced, it goes all to his boss.

this is why today wealth disparity is greater than ever.

The wealth disparity a) has always been with us, because it is a prerequisite for a functioning society and/or economy, b) does not matter so much as we are in many ways living in an abundance. Hipster lifestyle costs only a few trinkets, coffee, and digital goods. We already have an overabundance of physical goods in many places.

The current power structures hinder us from moving to the next level, globally. Releasing ourselves from them, quickly solves many of the problems, and also the amount of human labor globally would be reduced by 75-90% and replaced by living.

I am not very good in writing about these things though..
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