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why do people agree to pay taxes? Economics
Learn to libertarianism. From the FAQ on wikip libertarianism "talk" page:I'm a…
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n/a | dinofelis | January 06, 2015, 08:12:20 AM |
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More Bitcoin adoption = lower Bitcoin/Usd rate! Speculation
I wrote this early 2014 and I think it is still relevant. The more adoption we s…
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n/a | dinofelis | January 06, 2015, 05:12:24 AM |
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Bitcoin ends up to be a ponzi scheme after all Speculation
The price increases by way of speculation. You two clearly don't know what fun…
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n/a | dinofelis | January 05, 2015, 03:22:46 AM |
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Bitcoin ends up to be a ponzi scheme after all Speculation
Bitcoin now ends up to be a ponzi after all, No matter how thin scammers slice i…
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n/a | dinofelis | January 05, 2015, 03:10:41 AM |
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Stop your BTC cheerleading and mass delusion and face the reality Speculation
Well the idea idea of cryptocurrency is here to stay.Cryptocurrency is very conv…
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n/a | dinofelis | December 27, 2014, 03:38:58 AM |
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Stop your BTC cheerleading and mass delusion and face the reality Speculation
Those smart enough know that the only real purpose of BTC right now is as a vehi…
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n/a | dinofelis | December 27, 2014, 03:33:49 AM |
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Stop your BTC cheerleading and mass delusion and face the reality Speculation
People, you need a reality check. Most of you here are holding to a few BTC expe…
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n/a | dinofelis | December 21, 2014, 09:08:28 AM |
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Its always the darkest just before dawn Speculation
Well if bitcoin is driven by greed and insanity I don't think it will succeed.I,…
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n/a | dinofelis | December 21, 2014, 02:34:59 AM |
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Bit coin is on a down hill slope Speculation
If Bitcoin was that big, there would be savings from not having the other activi…
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n/a | dinofelis | December 20, 2014, 05:44:23 AM |
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If it goes to $275, are you going to keep faith or just give up save the little. Speculation
I bet we'll look back in 10 years and call this the worst year (price-wise) for…
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n/a | dinofelis | December 20, 2014, 12:54:59 AM |
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Bit coin is on a down hill slope Speculation
Yes I agreee with the article. If you think about it, how much polution did bitc…
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n/a | dinofelis | December 20, 2014, 12:29:17 AM |
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Bit coin is on a down hill slope Speculation
Why not move to a place that suits you better?It suits me perfectly. I'm part o…
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n/a | dinofelis | December 19, 2014, 01:29:57 PM |
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Bit coin is on a down hill slope Speculation
Good. Thus far we've established the following:1. No one held a gun to your he…
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n/a | dinofelis | December 19, 2014, 11:58:40 AM |
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Bit coin is on a down hill slope Speculation
You're trying to answer two questions, so that we could continue our conversatio…
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n/a | dinofelis | December 19, 2014, 07:42:24 AM |
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Bit coin is on a down hill slope Speculation
"Over-investment" and "under-consumption" wording assume that there is some "pro…
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n/a | dinofelis | December 19, 2014, 07:36:06 AM |
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Bit coin is on a down hill slope Speculation
So no one has put a gun to your head, you're simply afraid that someone will. N…
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n/a | dinofelis | December 18, 2014, 02:37:55 PM |
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Bit coin is on a down hill slope Speculation
Who put a gun to your head last? What God-forsaken foregny you hail from, brah…
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n/a | dinofelis | December 18, 2014, 12:30:48 PM |
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Bit coin is on a down hill slope Speculation
...That's how the classical upper classes (aristocracy) became rich: by extortio…
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n/a | dinofelis | December 18, 2014, 11:02:49 AM |
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Bit coin is on a down hill slope Speculation
...The state is an organisation which has the monopoly of violence over a nation…
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n/a | dinofelis | December 18, 2014, 10:03:16 AM |
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BTC Price Going Down :( - Should I sell now? Speculation
Well only an idiot wouldn't care about loosing money.If you're not prepared to l…
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n/a | dinofelis | December 18, 2014, 09:48:01 AM |
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Bit coin is on a down hill slope Speculation
This is the basic misunderstanding of most on this forum--believing that the sta…
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n/a | dinofelis | December 18, 2014, 08:45:34 AM |
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BTC Price Going Down :( - Should I sell now? Speculation
Why would one sell it now ? How much have you paid for this one BTC ?I would kee…
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n/a | dinofelis | December 18, 2014, 08:28:31 AM |
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Bit coin is on a down hill slope Speculation
I'm not suggesting that the Bitcoin's algorithm is racist, merely that it is hor…
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n/a | dinofelis | December 18, 2014, 08:17:08 AM |
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The world must of turned upside down Speculation
Maybe my vision is skewed cause I got in in 2011 and just though high yield gain…
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n/a | dinofelis | December 17, 2014, 07:35:56 AM |
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the best evidence that bitcoin will succeed, courtesy of fewcoins Speculation
One year is only a blip in the greater picture. Thank you for pointing out that…
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n/a | dinofelis | December 15, 2014, 07:49:02 AM |
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The reason that crude oil price crashed Economics
What stock did the Fed buy? I only know it bought treasuries and MBSs.On further…
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n/a | dinofelis | December 15, 2014, 07:32:13 AM |
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The reason that crude oil price crashed Economics
Everyone know that FED has printed 6x more money since 2008, but there is no 6x…
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n/a | dinofelis | December 15, 2014, 12:07:28 AM |
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Is bitcoin too volatile? Economics
Isn't $5 trillion too much?I tried searching for the USD money supply. According…
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n/a | dinofelis | December 08, 2014, 02:16:48 PM |
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Inflation and Deflation of Price and Money Supply Economics
P.S. LOL. "own" some of his sympathy? That's your idea of property?It is not…
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n/a | dinofelis | December 08, 2014, 11:04:05 AM |
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Inflation and Deflation of Price and Money Supply Economics
If a mob boss owes you a favor, do you imagine that there is no debt because the…
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n/a | dinofelis | December 06, 2014, 12:59:10 AM |
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Inflation and Deflation of Price and Money Supply Economics
I actually covered this, long ago, so I'm just going to recap and skip to the en…
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n/a | dinofelis | December 06, 2014, 12:46:46 AM |
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Inflation and Deflation of Price and Money Supply Economics
Yes, this is about semantics, but I am coming from completely useless Faculty of…
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n/a | dinofelis | December 05, 2014, 05:19:06 AM |
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Is it possible that 1 BTC be worth $2,000 by the end of 2015? Speculation
The price of bitcoin is more closely related to the supply and demand that is ca…
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n/a | dinofelis | December 05, 2014, 01:29:55 AM |
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Inflation and Deflation of Price and Money Supply Economics
Well it is necessary feature of any money. All money can be seen as debt and deb…
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n/a | dinofelis | December 04, 2014, 11:47:50 AM |
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Inflation and Deflation of Price and Money Supply Economics
What you write might be perfectly true, but the discussion is about money. And m…
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n/a | dinofelis | December 04, 2014, 09:31:27 AM |
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Inflation and Deflation of Price and Money Supply Economics
While I can imagine the paper US dollar to serve as input for toilet paper, it i…
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n/a | dinofelis | December 04, 2014, 02:04:16 AM |
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2014: The year of the mining bubble Speculation
Stop trying to destroy this currency even more with retarded faster miners... sh…
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n/a | dinofelis | December 04, 2014, 01:14:10 AM |
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Inflation and Deflation of Price and Money Supply Economics
Derp. You even quoted me explaining the opposite.I was trying to be nice and li…
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n/a | dinofelis | December 04, 2014, 01:06:01 AM |
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Inflation and Deflation of Price and Money Supply Economics
You keep responding with words that suggest that you've read what I wrote about…
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n/a | dinofelis | December 03, 2014, 11:36:08 PM |
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why do people agree to pay taxes? Economics
Yep. Suppose we're in the US and the median personal income is 40 000 USD/year.…
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n/a | dinofelis | December 03, 2014, 03:11:37 PM |
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Inflation and Deflation of Price and Money Supply Economics
* Yes, dinofelis, I'm aware that you disagree. I don't care, and I certainly do…
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n/a | dinofelis | December 03, 2014, 02:56:19 PM |
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Inflation and Deflation of Price and Money Supply Economics
In my view, once the peanuts start being used as money, they behave in a very de…
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n/a | dinofelis | December 03, 2014, 02:24:15 PM |
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Inflation and Deflation of Price and Money Supply Economics
OK. Let's try different angle. Imagine this situation:0.) We have an island with…
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n/a | dinofelis | December 03, 2014, 02:10:30 PM |
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Inflation and Deflation of Price and Money Supply Economics
Yes, debts in some cases, can become money. And if money has to emerge in human…
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n/a | dinofelis | December 03, 2014, 11:10:15 AM |
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Inflation and Deflation of Price and Money Supply Economics
I mean all money is debt and debt is necessary for money to exist. Which is obvi…
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n/a | dinofelis | December 03, 2014, 10:57:47 AM |
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Inflation and Deflation of Price and Money Supply Economics
I have never said (or meant) all debt is money. Nor did I. But you seemed to ar…
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n/a | dinofelis | December 03, 2014, 10:48:16 AM |
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Inflation and Deflation of Price and Money Supply Economics
From psychoanalytical point of view I take your notion of money as projection of…
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n/a | dinofelis | December 03, 2014, 12:13:03 AM |
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Inflation and Deflation of Price and Money Supply Economics
E.g. you write "the claim "money is debt" implies that every kind of money must…
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n/a | dinofelis | December 03, 2014, 12:03:18 AM |
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Inflation and Deflation of Price and Money Supply Economics
You mix what you think money should be or what Austrians believed money is with…
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n/a | dinofelis | December 02, 2014, 09:27:20 AM |
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Price and use of Bitcoin Economics
yes.. The major fault in bitcoin community is about its identity. Bitcoin is a c…
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n/a | dinofelis | December 02, 2014, 09:19:20 AM |
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Everything except the price trend is going fantastic Speculation
It is perfectly reasonable for someone to hold for a long period of time when yo…
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n/a | dinofelis | November 29, 2014, 02:26:07 PM |
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Everything except the price trend is going fantastic Speculation
I don't understand why the price is still in the same range, although more peopl…
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n/a | dinofelis | November 29, 2014, 02:24:54 PM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
dinofelis has a valid argument, but some basic assumptions might be wrong.First…
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n/a | dinofelis | November 29, 2014, 08:04:56 AM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
@dinofelis: How are your learningz progressin'?
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n/a | dinofelis | November 29, 2014, 07:48:59 AM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
If you need to build a nuclear power plant to make your plan work, and put a bil…
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n/a | dinofelis | November 29, 2014, 07:46:58 AM |
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Why the bitcoin price was under so much downward pressure Speculation
Good point. Also the constant sell pressure of businesses accepting Bitcoin and…
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n/a | dinofelis | November 29, 2014, 06:23:38 AM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
Why not? because there are other costs in play. Once you plan to consume that mu…
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n/a | dinofelis | November 29, 2014, 06:15:26 AM |
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Satoshi didnt give us bitcoin to make a bunch of nerds rich. Economics
He made Bitcoin so you could escape enslavement by the financial system. Satoshi…
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n/a | dinofelis | November 29, 2014, 04:15:03 AM |
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why do people agree to pay taxes? Economics
If your argument was true, every person would then say " Of course we need taxes…
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n/a | dinofelis | November 29, 2014, 04:11:50 AM |
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why do people agree to pay taxes? Economics
why is it ok for a group of people calling themselves the government to force ev…
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n/a | dinofelis | November 29, 2014, 03:40:52 AM |
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Everything except the price trend is going fantastic Speculation
The supply is not the newly minted coins, it is the coins that people decide the…
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n/a | dinofelis | November 29, 2014, 03:37:42 AM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
I think you are not seeing what is going to happen or you are discounting it far…
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n/a | dinofelis | November 29, 2014, 01:21:04 AM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
After pondering it a while, I'm starting to think that the ASIC prices might bec…
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n/a | dinofelis | November 29, 2014, 12:10:13 AM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
I didn't say all payments were in Bitcoin. Then I misunderstood what you meant w…
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n/a | dinofelis | November 28, 2014, 11:52:52 PM |
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Is bitcoin too volatile? Economics
I guess the "Is bitcoin too volatile" discussion is over now that the price is s…
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n/a | dinofelis | November 28, 2014, 04:13:05 PM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
Two separate events: 1. Mainstream adoption for payments and remittance2. Sustai…
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n/a | dinofelis | November 28, 2014, 03:41:19 PM |
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Over 70BTC bet that Bitcoin will be $10,000 by end of 2014 Speculation
I don't know. If he buys ONE coin at $10 500.- on an exchange, isn't the price…
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n/a | dinofelis | November 28, 2014, 01:56:18 PM |
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Do you plan to get out of bitcoin? Speculation
Yeah. And in thinking that the term "intrinsic value" is meaningful, revealed hi…
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n/a | dinofelis | November 28, 2014, 01:55:12 PM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
Just to be clear I am saying there will be two more in my lifetime (maybe 50 mor…
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n/a | dinofelis | November 28, 2014, 01:24:39 PM |
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Effect of negative difficulty change on BTC price Speculation
You really need to read some factual material. If all miners stop mining and y…
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n/a | dinofelis | November 28, 2014, 01:18:55 PM |
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Effect of negative difficulty change on BTC price Speculation
So when I'm running my miners at home at 1 TH on Monday and difficulty drops on…
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n/a | dinofelis | November 28, 2014, 10:54:11 AM |
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Over 70BTC bet that Bitcoin will be $10,000 by end of 2014 Speculation
Poor guy Lost 70 BTC + the humiliation of being so wrong I don't know. If he bu…
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n/a | dinofelis | November 28, 2014, 08:40:23 AM |
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Effect of negative difficulty change on BTC price Speculation
This becomes nitpicking, but OK.Consider the fixed group of people who will mine…
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n/a | dinofelis | November 28, 2014, 08:27:53 AM |
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Effect of negative difficulty change on BTC price Speculation
The *average miner* now still mines 1/10 (8 at 1/8 and 2 at 0), but spends only…
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n/a | dinofelis | November 28, 2014, 07:31:49 AM |
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Effect of negative difficulty change on BTC price Speculation
Miners will not "mine more at the same expense". They will mine the same thing…
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n/a | dinofelis | November 28, 2014, 06:01:55 AM |
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Effect of negative difficulty change on BTC price Speculation
He said miners will mine more at the same expense, not just "more." That is tru…
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n/a | dinofelis | November 28, 2014, 02:57:06 AM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
We have one more speculative bump and drop. After that we will enter a new phase…
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n/a | dinofelis | November 28, 2014, 12:35:23 AM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
just watch You're right that the proof of the pudding is the eating :-)
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n/a | dinofelis | November 28, 2014, 12:24:57 AM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
How does "one already knows that a surge is not a departure for the moon" ? How…
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n/a | dinofelis | November 27, 2014, 05:04:58 PM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
Nop, only FOMO and greed. Merchants will follow. If you believe that once we rea…
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n/a | dinofelis | November 27, 2014, 04:27:25 PM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
Periods of rapid growth will be interleaved with periods of slide-down and some…
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n/a | dinofelis | November 27, 2014, 04:06:24 PM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
Periods of rapid growth will be interleaved with periods of slide-down and some…
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n/a | dinofelis | November 27, 2014, 01:07:46 PM |
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Effect of negative difficulty change on BTC price Speculation
He said miners will mine more at the same expense, not just "more." That is tru…
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n/a | dinofelis | November 27, 2014, 12:58:50 PM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
S-curve adoption does not imply instant 100% market penetration. Your 3 million$…
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n/a | dinofelis | November 27, 2014, 12:47:25 PM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
In the mean time, people need to learn and understand that old money is bad and…
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n/a | dinofelis | November 27, 2014, 12:28:09 PM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
It's correct, only I don't see where you get 3600 coins at $3 million each.Marke…
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n/a | dinofelis | November 27, 2014, 12:00:00 PM |
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Is bitcoin too volatile? Economics
Yes it is, and only wider adoption will help here.@bornil267645Is still not enou…
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n/a | dinofelis | November 27, 2014, 09:17:39 AM |
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Effect of negative difficulty change on BTC price Speculation
I don't agree. The only circumstance where difficulty would have no influence on…
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n/a | dinofelis | November 27, 2014, 09:03:05 AM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
The efficiency of miners is improving though, it might be around a watt a gigaha…
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n/a | dinofelis | November 27, 2014, 08:51:16 AM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
You are exaggerating.You still need electricity to produce food and other stuff,…
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n/a | dinofelis | November 27, 2014, 08:41:17 AM |
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Do you plan to get out of bitcoin? Speculation
I'm in the lucky position that I don't own enough Bitcoin to worry about the pri…
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n/a | dinofelis | November 27, 2014, 03:07:19 AM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
...If I understand something of the macro economics of bitcoin, you can say that…
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n/a | dinofelis | November 27, 2014, 02:59:41 AM |
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Everything except the price trend is going fantastic Speculation
I expect that the Bitcoin ETF will trigger the next rally phase.I wouldn't expec…
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n/a | dinofelis | November 27, 2014, 02:43:17 AM |
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Everything except the price trend is going fantastic Speculation
I don't use to open discussions here because all my questions have already been…
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n/a | dinofelis | November 27, 2014, 02:37:37 AM |
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Effect of negative difficulty change on BTC price Speculation
I think you guys have it backwards. The cause is the price, the effect is the d…
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n/a | dinofelis | November 27, 2014, 02:23:54 AM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
Actually, I would be interested to know the estimates of energy consumption in g…
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n/a | dinofelis | November 26, 2014, 01:56:41 PM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
Wrong, the hoarders are the hero. http://nakamotoinstitute.org/mempool/im-hoardi…
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n/a | dinofelis | November 26, 2014, 01:42:10 PM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
Diversity, but of course if they see a value in it, which I think some rich peop…
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n/a | dinofelis | November 26, 2014, 11:12:42 AM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
Your account is relatively new, so I'll play Nostradamus and tell you a bit abou…
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n/a | dinofelis | November 26, 2014, 09:47:08 AM |
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Volatility, ain't seen nothing yet, 10K to 1M in 1 year??? Speculation
Diversity, but of course if they see a value in it, which I think some rich peop…
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n/a | dinofelis | November 26, 2014, 07:49:27 AM |
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