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re: 40% of Bitcoin Exchanges Fail; only 30% of those refund your Bitcoins...

Posted on 4/29/13 at 7:02 pm to
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5600 posts
Posted on 4/29/13 at 7:02 pm to
quote:

People aren't burning houses down for crack until they are so strung out that the only way they can get it is to steal. That's my point. Their tendency is to act voluntarily.

I've seen plenty of people steal for drugs not strung out, it is obvious from your combattance of the "sheltered life" criticism that you have in fact lived a sheltered life. Selling quarters, xanax, or oxycottin in high school in no way means you've definitely seen the real world. Go to Magnolia street in NO, walk around and see how many people act in a mutually beneficial way. Go to Wall Street and start trading and see how many people cancel your trades because you lost money and it wouldn't be mutually beneficial. Hell go to any sales job in the world and ask the top sales rep in the area to let you take some of his clients. People win. People lose. That's life. The only time you'll see people act in a mutually beneficial way is against a common enemy, which naturally is trying to take some sort of resource from them. Then when the threat is gone people do not continue to act in a mutually beneficial way. Any study on history pre, during, and post war should've taught you this.

With the Austrian school conversation I could slightly follow your reasoning even though it was obvious you were regurtating pre-packaged information, but this shite is just so oblivious to the world that I'm just shell shocked.
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5600 posts
Posted on 4/29/13 at 7:03 pm to
quote:

I tried to get you & Benny to move this political crap to the Poli Board. What a shock that it devolved into more political crap!

Yea, that was my fault. I'll take responsibility on this.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69918 posts
Posted on 4/29/13 at 7:04 pm to
quote:

well, congrats, y'all, on ruining a good thread




It wasn't my fault that this thread derailed into a yet another statist clusterfrick. It wasn't my fault that the doors were open in that tunnel. It wasn't my fault that it was not illegal for me to run through that tunnel. Don't blame me. You can blame the architects of that stadium. You can blame the University of Texas for taunting us. You can blame Robert Bailey for setting up the whole thing by knocking the first person out. You can blame Josh Norris for alley ooping me the ball for me to slam. You can blame the defensive back for not being good enough to cover me. It's just not my fault that I ran through that tunnel.
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5600 posts
Posted on 4/29/13 at 7:04 pm to
quote:

well, congrats, y'all, on ruining a good thread

We can still divert back to the original conversation. Just respond back to my post on pg. 3.
This post was edited on 4/29/13 at 7:08 pm
Posted by WikiTiger
Member since Sep 2007
41055 posts
Posted on 4/29/13 at 7:08 pm to
quote:

We can still divert back to the original conversation. Just respond back to my post on pg. 3.


I'll get to it later tonight or tomorrow. Figured it deserved a more detailed response.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 4/29/13 at 7:13 pm to
quote:

Yea, that was my fault. I'll take responsibility on this.

Meh....it's just that every one of these bitcoin threads eventually becomes focused on the politics of an "independent" currency and ignores any monetary or financial factors, especially once joshnorris shows up.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69918 posts
Posted on 4/29/13 at 7:15 pm to
Josh can't enter a thread without making sure everyone knows what books he googled today
Posted by joshnorris14
Florida
Member since Jan 2009
45234 posts
Posted on 4/29/13 at 7:20 pm to
quote:

Meh....it's just that every one of these bitcoin threads eventually becomes focused on the politics of an "independent" currency and ignores any monetary or financial factors, especially once joshnorris shows up.


This can't even be a serious critique when half this board trolls the shite out of bitcoin threads
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69918 posts
Posted on 4/29/13 at 7:22 pm to
quote:

This can't even be a serious critique when half this board trolls the shite out of bitcoin threads


Or Or Or, does half of the bitcoin community troll the shite out of this board, is what Kierkegaard would say.
Posted by gizmoflak
Member since May 2007
11662 posts
Posted on 4/29/13 at 7:39 pm to
I
Love
This
Thread
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69918 posts
Posted on 4/29/13 at 7:53 pm to
quote:

I
Love
This
Thread


Posted by WikiTiger
Member since Sep 2007
41055 posts
Posted on 4/29/13 at 8:09 pm to
quote:

BitcoinATM is announcing its grand inauguration and launch press conference and reception. BitcoinATM will be unveiling its G6000 BitcoinATM at the Hotel Del Coronado in San Diego, CA on Thursday, May 2, 2013 at 1pm. The machine will be displayed and presented as fully functional for both cash in and cash out capabilities with a real time presentation showing the funds flowing into or out of bitcoin wallets.






you going, bro?
Posted by joshnorris14
Florida
Member since Jan 2009
45234 posts
Posted on 4/29/13 at 8:16 pm to
quote:

you going, bro?


Do you have tabs on the in-game thread?

Posted by WikiTiger
Member since Sep 2007
41055 posts
Posted on 4/29/13 at 9:23 pm to
Creator of GMail: Bitcoin may be the TCP/IP of money.
This post was edited on 4/29/13 at 9:29 pm
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 4/30/13 at 12:05 am to
quote:

This is bullshite. It's more like When access to markets is limited, people will resort to dealing with scarcity in more violent and aggressive ways. People don't naturally beat and steal from each other for resources, they do it when there are not ways to mutually benefit.
Holy shite, I go away for a couple hours, and I completely miss this gem and everyone's responses to it.

People act to satisfy their own desires. They will cooperate only if the results of cooperation satisfy their desires. Otherwise they will compete, and they may go so far as to exceed the acceptable rules for competition to gain whatever advantage necessary to obtain the desired level of satisfaction.

Go out and live a little. Learn some lessons in human nature through experience. Learning from practical experimentation is much more fun than trying to learn the theory from books.
Posted by joshnorris14
Florida
Member since Jan 2009
45234 posts
Posted on 4/30/13 at 12:10 am to
I do that every single day and I'm not mugged in the streets for my clothes.

Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 4/30/13 at 12:27 am to
quote:

I do that every single day and I'm not mugged in the streets for my clothes.
The conclusion I draw from that is your clothes are not desired enough that anyone finds it necessary to mug you to satisfy their desires. If you added a $50,000 piece of bling to your wardrobe do you think your chances of getting mugged would increase?
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 4/30/13 at 7:40 am to
quote:

I'm not mugged in the streets for my clothes.
I've seen your clothes. No one else would wear them.....
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5600 posts
Posted on 4/30/13 at 7:47 am to
quote:

Learning from practical experimentation is much more fun than trying to learn the theory from books.

And a lot more applicable. Not downplaying the importance of the education of theories, but the divergence between academia and application can only be seen when you have been on both sides.

Also apologies Josh. Didn't mean to attack you personally last night, but take what we are all saying to heart. I would never, never talk ill towards someone that is trying to learn something new. But just understand that no matter how much sense something may make, doesn't mean it will happen. I can name a landry list of investment ideas that at the time were completely sound that a lot of people agreed with, only for the world to actually happen and shite on those ideas.

A very wise man once told me, "The quickest way to make God laugh is to tell him your 5-year plan."
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