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#201 |
Penultimate Amazing
Join Date: May 2007
Posts: 10,051
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"To me, Hitler is the greatest man who ever lived. He truly is without fault, so simple and at the same time possessed of masculine strength" -Leni Riefenstahl Wollen owns the stage
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#202 |
Illuminator
Join Date: Sep 2009
Location: Olomouc, Czech Republic
Posts: 4,040
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#203 |
Penultimate Amazing
Join Date: Oct 2013
Posts: 10,417
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#204 |
Illuminator
Join Date: Sep 2009
Location: Olomouc, Czech Republic
Posts: 4,040
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#205 |
Penultimate Amazing
Join Date: Oct 2013
Posts: 10,417
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#206 |
Penultimate Amazing
Join Date: May 2007
Posts: 10,051
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__________________
"To me, Hitler is the greatest man who ever lived. He truly is without fault, so simple and at the same time possessed of masculine strength" -Leni Riefenstahl Wollen owns the stage
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#207 |
High Priest of Ed
Join Date: Sep 2003
Posts: 19,860
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Hamilton 68: Tracking Russian internet propaganda |
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#208 |
Skeptical about skeptics
Join Date: Sep 2010
Location: 31°57'S 115°57'E
Posts: 19,932
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"The process by which banks create money is so simple that the mind is repelled. Where something so important is involved, a deeper mystery seems only decent." - Galbraith, 1975 |
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#209 |
Philosopher
Join Date: Nov 2007
Location: UK
Posts: 5,229
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For a vague definition of "near future"?
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#210 |
Penultimate Amazing
Join Date: Oct 2013
Posts: 10,417
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#211 |
Penultimate Amazing
Join Date: May 2007
Posts: 10,051
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__________________
"To me, Hitler is the greatest man who ever lived. He truly is without fault, so simple and at the same time possessed of masculine strength" -Leni Riefenstahl Wollen owns the stage
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#212 |
Moderator
Join Date: Nov 2010
Posts: 11,318
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Hello. |
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#213 |
Penultimate Amazing
Join Date: Oct 2013
Posts: 10,417
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As reply to last 2 posts, I see a technical and fundamental picture concording (is that a word)
The infinite supply of crypto currencies is the fundamental reason they are a nonsense. Being captured by the apparent genius of Craig Wright is a temporary foolishness. |
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#214 |
Skeptical about skeptics
Join Date: Sep 2010
Location: 31°57'S 115°57'E
Posts: 19,932
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__________________
"The process by which banks create money is so simple that the mind is repelled. Where something so important is involved, a deeper mystery seems only decent." - Galbraith, 1975 |
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#215 |
Penultimate Amazing
Join Date: Oct 2013
Posts: 10,417
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#216 |
Skeptical about skeptics
Join Date: Sep 2010
Location: 31°57'S 115°57'E
Posts: 19,932
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Special pleading.
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"The process by which banks create money is so simple that the mind is repelled. Where something so important is involved, a deeper mystery seems only decent." - Galbraith, 1975 |
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#217 |
Penultimate Amazing
Join Date: Oct 2013
Posts: 10,417
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#218 |
Skeptical about skeptics
Join Date: Sep 2010
Location: 31°57'S 115°57'E
Posts: 19,932
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I didn't know that you are religious. AFAIK he old notion of "noble" metals and "base" metals doesn't exist any more since they were mostly a religious distinction anyway.
Since you draw a distinction between gold and other metals, you must draw the same distinction between bitcoin and other cryptos. |
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"The process by which banks create money is so simple that the mind is repelled. Where something so important is involved, a deeper mystery seems only decent." - Galbraith, 1975 |
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#219 |
Penultimate Amazing
Join Date: Oct 2013
Posts: 10,417
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I am surely not "religious", the word seems foreign to the forum fortunately.
There are 104 elements in the universe and nearly 3000 so called crypto currencies. In a trillion years there will be 104 elements on the periodic table and no crypto currencies. ETA from wiki Elements 95 to 118 have only been synthesized in laboratories or nuclear reactors.[3] The synthesis of elements having higher atomic numbers is currently being pursued: these elements would begin an eighth row, and theoretical work has been done to suggest possible candidates for this extension. Numerous synthetic radionuclides of naturally occurring elements have also been produced in laboratories. It seems easier to extend the list of cryptos than lists of things like gold. |
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#220 |
Penultimate Amazing
Join Date: Oct 2013
Posts: 10,417
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#221 |
Skeptical about skeptics
Join Date: Sep 2010
Location: 31°57'S 115°57'E
Posts: 19,932
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"The process by which banks create money is so simple that the mind is repelled. Where something so important is involved, a deeper mystery seems only decent." - Galbraith, 1975 |
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#222 |
Penultimate Amazing
Join Date: Oct 2013
Posts: 10,417
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#223 |
Skeptical about skeptics
Join Date: Sep 2010
Location: 31°57'S 115°57'E
Posts: 19,932
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How does one stretch 21M BTC "like fiat"?
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"The process by which banks create money is so simple that the mind is repelled. Where something so important is involved, a deeper mystery seems only decent." - Galbraith, 1975 |
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#224 |
Penultimate Amazing
Join Date: Oct 2013
Posts: 10,417
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#225 |
Skeptical about skeptics
Join Date: Sep 2010
Location: 31°57'S 115°57'E
Posts: 19,932
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Fancy fractional reserve banking being possible with bitcoin? Who'd have thunk? I'm shocked I tells you, SHOCKED!!!
![]() No wait, I just remembered something:
Originally Posted by psionl0 on 4th June 2011
Yet again, there is nothing new under the sun. And the Ripple network has been designed to transmit IOUs whether they be in gold, bitcoin, fiat currency or any other currency you might want to make up (I still have some PSIONS on Ripple if anybody is interested). |
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"The process by which banks create money is so simple that the mind is repelled. Where something so important is involved, a deeper mystery seems only decent." - Galbraith, 1975 |
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#226 |
Penultimate Amazing
Join Date: Oct 2013
Posts: 10,417
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Bitcoin maximalists will always despise cryptos that can breed like cockroaches.
Of course that is exactly what cryptos do, so the maximalists preach like the lotus eaters. We should all short bitcoin here on the algorithm at 8568 eta yes psion I read your original post, if only we could stop sniping at each other. |
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#227 |
Skeptical about skeptics
Join Date: Sep 2010
Location: 31°57'S 115°57'E
Posts: 19,932
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__________________
"The process by which banks create money is so simple that the mind is repelled. Where something so important is involved, a deeper mystery seems only decent." - Galbraith, 1975 |
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#228 |
Penultimate Amazing
Join Date: Oct 2013
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#229 |
Penultimate Amazing
Join Date: Nov 2002
Location: Sir Fynwy
Posts: 36,395
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No, your predictions don't all work.
Furthermore the nature of your predictions makes it pretty easy for them to work. All you have to do is not pick an all time high/low because you don't apply any kind of timescale. TA is nonsense and if it wasn't you'd keep quiet about it while the millions and billions flooded in. |
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#230 |
Penultimate Amazing
Join Date: Oct 2013
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#231 |
Penultimate Amazing
Join Date: May 2007
Posts: 10,051
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Have you lost your mind? Your "predictions" are overwhelmingly failures. Given it's as unlikely to be always wrong as it is to be always right, it would be virtually impossible for every one of your blind guesses to be wrong, simply by random chance. Your overall record is astonishingly inaccurate.
Maybe TA works... but certainly not in your hands. |
__________________
"To me, Hitler is the greatest man who ever lived. He truly is without fault, so simple and at the same time possessed of masculine strength" -Leni Riefenstahl Wollen owns the stage
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#232 |
Penultimate Amazing
Join Date: Oct 2013
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#233 |
Skeptical about skeptics
Join Date: Sep 2010
Location: 31°57'S 115°57'E
Posts: 19,932
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__________________
"The process by which banks create money is so simple that the mind is repelled. Where something so important is involved, a deeper mystery seems only decent." - Galbraith, 1975 |
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#234 |
Maledictorian
Join Date: Aug 2016
Posts: 19,553
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Quantum computing comes to mind ...
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#235 |
Penultimate Amazing
Join Date: Oct 2013
Posts: 10,417
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I guess in a moment of TA objectivity I see a substantial rally here in the deplorable "assets"
7952 right now for bitcoin.. |
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#236 |
Illuminator
Join Date: Sep 2009
Location: Olomouc, Czech Republic
Posts: 4,040
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#237 |
Penultimate Amazing
Join Date: May 2007
Posts: 10,051
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__________________
"To me, Hitler is the greatest man who ever lived. He truly is without fault, so simple and at the same time possessed of masculine strength" -Leni Riefenstahl Wollen owns the stage
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#238 |
Penultimate Amazing
Join Date: Oct 2013
Posts: 10,417
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#239 |
Skeptical about skeptics
Join Date: Sep 2010
Location: 31°57'S 115°57'E
Posts: 19,932
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__________________
"The process by which banks create money is so simple that the mind is repelled. Where something so important is involved, a deeper mystery seems only decent." - Galbraith, 1975 |
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#240 |
Fiend God
Join Date: Oct 2005
Location: In a post-fact world
Posts: 96,875
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