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1681
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: January 27, 2015, 12:33:37 PM
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Actually, it was your banks (including perhaps your central bank) lent to Greek banks (including presumably the Greek central bank) a mountain of euros. Where that money went, it is not clear; but anyway the Greek government, that had been elected by the banks, decided that each Greek citizen had to fork 500 euros to pay your banks. Which was the bankers' aim all along: take more wealth from the general public.
Trouble is, the Greek citizens were never asked whether they agreed to any step of that plan, not even told clearly what the plan was.
You talk as if Greece goverment didn't borrow anything for paying the welfare state. You talk as if the Greeks were being forced to subsidy Greek bank's losses from a private operation. I have seen how it worked here. Today 60% of the government's revenue goes into paying interest on the public debt, which was created by criminal borrowing by the neocon government, 20 to 12 years ago (and only keeps growing). That borrowing came together with austerity measures (= taking more from the people, giving them less) and radical privatization (= giving people's property to banks for a pittance). Few citizens at the time understood what the government was doing, and only when the damage was irreparable did they get a chance to change their government. |
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1682
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: January 27, 2015, 11:28:36 AM
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but anyway the Greek government, that had been elected by the banks, decided that each Greek citizen had to fork 500 euros to pay your banks.
I missed that election .....when did it happen? Sorry, I did not follow what happened in Greece very closely. In Italy there was no election, the bankers simply replaced Berlusconi by their man in the dictator's seat, and did not even bother to disguise it. Did they do the same in Greece? |
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1683
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: January 27, 2015, 10:47:47 AM
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Every person from our country lent 500€ to Greece. I would gladly transform this for few weeks on Corfu.
A beer for 100 drachmas and gyros for not much more - that was good times. Yamas!
Actually, it was your banks (including perhaps your central bank) lent to Greek banks (including presumably the Greek central bank) a mountain of euros. Where that money went, it is not clear; but anyway the Greek government, that had been elected by the banks, decided that each Greek citizen had to fork 500 euros to pay your banks. Which was the bankers' aim all along: take more wealth from the general public. Trouble is, the Greek citizens were never asked whether they agreed to any step of that plan, not even told clearly what the plan was. |
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1684
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Other / Off-topic / Re: Answer the question above with a question.
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on: January 27, 2015, 05:42:35 AM
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Why would he give us math this late at night?? Was that a question or an explanation?
 Can I get back to you on that? Might already be morning for him, don't you know his timezone? Isn't maths really easy when you understand? Do you realize that you dont need to do math when you can pay someone else to do the math ? But what if the math tells him that he would profit more by using the result himself? how come math would tell him that way ? isnt it true that larger scale means more profitable and larger scale means you hire lot of ppl to do the math instead of doing it all yourself ? Why should we read your question? do you feel lucky ? Why would he feel lucky? pls explain why wouldnt he feel lucky ? Maybe he was tired  Seriously, do you seriously believe that Lucky ever gets tired? Wouldn't you get tired after two hours of that?^^  You're not a super human sex god?  Could a super human sex god carve this? Probably He/She would have devoted His/Her training to other skills; but if He/She had a 60 watt CO2 laser engraver, could He/She scam a few grand from unsuspecting buyers? Is that made of wood? It is, why do you ask? Then what is the true material for physical bitcoin? Or is it completely digitized? You know zeronium, that metal that is two rows above lithium on the periodic table? Doesnt that metal has somthing todo with unobtainium ? Not sure; could that be its old name, before Satoshi Nakamoto dinscovered that it could be mined out of hot air? |
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1685
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Other / Off-topic / Re: Answer the question above with a question.
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on: January 27, 2015, 03:40:42 AM
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Why would he give us math this late at night?? Was that a question or an explanation?
Can I get back to you on that? Might already be morning for him, don't you know his timezone? Isn't maths really easy when you understand? Do you realize that you dont need to do math when you can pay someone else to do the math ? But what if the math tells him that he would profit more by using the result himself? how come math would tell him that way ? isnt it true that larger scale means more profitable and larger scale means you hire lot of ppl to do the math instead of doing it all yourself ? Why should we read your question? do you feel lucky ? Why would he feel lucky? pls explain why wouldnt he feel lucky ? Maybe he was tired Seriously, do you seriously believe that Lucky ever gets tired? Wouldn't you get tired after two hours of that?^^ You're not a super human sex god? Could a super human sex god carve this? Probably He/She would have devoted His/Her training to other skills; but if He/She had a 60 watt CO2 laser engraver, could He/She scam a few grand from unsuspecting buyers? Is that made of wood? It is, why do you ask? Then what is the true material for physical bitcoin? Or is it completely digitized? You know zeronium, that metal that is two rows above lithium on the periodic table? |
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1686
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Other / Off-topic / Re: Answer the question above with a question.
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on: January 27, 2015, 03:30:27 AM
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Why would he give us math this late at night?? Was that a question or an explanation?
Can I get back to you on that? Might already be morning for him, don't you know his timezone? Isn't maths really easy when you understand? Do you realize that you dont need to do math when you can pay someone else to do the math ? But what if the math tells him that he would profit more by using the result himself? how come math would tell him that way ? isnt it true that larger scale means more profitable and larger scale means you hire lot of ppl to do the math instead of doing it all yourself ? Why should we read your question? do you feel lucky ? Why would he feel lucky? pls explain why wouldnt he feel lucky ? Maybe he was tired Seriously, do you seriously believe that Lucky ever gets tired? Wouldn't you get tired after two hours of that?^^ You're not a super human sex god? Could a super human sex god carve this? Probably He/She would have devoted His/Her training to other skills; but if He/She had a 60 watt CO2 laser engraver, could He/She scam a few grand from unsuspecting buyers? Is that made of wood? It is, why do you ask? |
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1687
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Other / Off-topic / Re: Answer the question above with a question.
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on: January 27, 2015, 01:18:21 AM
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Why would he give us math this late at night?? Was that a question or an explanation?
Can I get back to you on that? Might already be morning for him, don't you know his timezone? Isn't maths really easy when you understand? Do you realize that you dont need to do math when you can pay someone else to do the math ? But what if the math tells him that he would profit more by using the result himself? how come math would tell him that way ? isnt it true that larger scale means more profitable and larger scale means you hire lot of ppl to do the math instead of doing it all yourself ? Why should we read your question? do you feel lucky ? Why would he feel lucky? pls explain why wouldnt he feel lucky ? Maybe he was tired Seriously, do you seriously believe that Lucky ever gets tired? Wouldn't you get tired after two hours of that?^^ You're not a super human sex god? Could a super human sex god carve this? Probably He/She would have devoted His/Her training to other skills; but if He/She had a 60 watt CO2 laser engraver, could He/She scam a few grand from unsuspecting buyers? |
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1688
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Bitcoin / Project Development / Re: [ESHOP launched] Trezor: Bitcoin hardware wallet
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on: January 27, 2015, 12:34:08 AM
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Yes, reusing the vendor code is maybe not the best behaviour (and likely against some rules), but it doesn't constitute counterfeiting imo.
It is obviously not intentional counterfeiting, but the comments on that reddit thread seemed to imply that it would be such in the eyes of the US or European law. If so, that might cause problems with customs, maybe. I don t know. |
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1689
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Economy / Speculation / Re: Automated posting
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on: January 26, 2015, 09:24:24 PM
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Whats the site having the third image in the post ? Guessing the new Coinbase exchange, says "coin" to the left of it He should keep only 2 exchanges OK for me, I read on a PC or laptop; but readers with smaller screens may like smaller thumbnails. One can always open a full-size version by clicking on the images. You can use tables to get the headers and images aligned, independently of font sizes:
[table][tr][td]Fooooooo[/td][td]Bar[/td][/tr][tr][td][size=8pt]Foo[/size][/td][td][size=20pt]Baaaaaaaar[/size][/td][/tr][/table] |
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1691
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: January 26, 2015, 04:17:48 PM
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Coinbase on CNBC, apparently they have 2 million customers.
MtGOX had more than 1 million customers, but the leaked database showed that only ~70'000 were minimally active. We don't expect Coinbase to provide more meaningful data than any other bitcoin enterprise, do we? Impossible to know of course. Im just relaying what was said to someone who asked, jheeze... Sorry, I am not blaming you for anything. On the contrary, thanks for relaying that information. |
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1694
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: January 26, 2015, 03:42:44 PM
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Does that number apply to each and every customer's funds separately or to the funds in general? 250k in general would be quite a rip-off, but 250k per customer is a nice starting point. Maybe not enough for Wall Street, but still a good thing!
FDIC covers 250k per depositor or user. Sure, but is the "depositor" Coinbase, or each individual Coinbase customer? Sorry to insist, but if the deposits of customers at Coinbase were insured by the FDIC, they would say so. |
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1697
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: January 26, 2015, 03:21:26 PM
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"Coinbase is insured against employee theft and hacking in an amount that exceeds the average value of online bitcoin it holds at any given time." I.e. only their hot wallet is insured, not the client deposits. of course if your girlfriend steals your password and phone to perform 2fa and steal your BTC you won't be covered. May not even be covered under such circumstances with Fiat either.
I imagine that no insurance company would cover that kind of loss, whether for USD or for BTC. The fuzzy area may be client losses due to faulty programming on their part. |
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1700
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Economy / Speculation / Re: Gold collapsing. Bitcoin UP.
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on: January 26, 2015, 01:10:11 PM
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Is the news in regards to Coinbase the one that we have been waiting for over a year? Could this be the next push into a record breaking high?  It's definitely a big deal. Unprecedented and historic. I have no idea what the eventual price effect will be, but anything is possible here. This is the first regulated exchange right? At least it is the first one in the US. Also the news is still fresh. I think we will see a lot of price movement once people get their money into the new exchange (will take a few more days). Other US exchanges are complaining that they were first and are regulated too. But Coinbase got 70 million dollars to buy the truth. |
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