Why $8 Billionaire Soros is Investing in Bitcoin and ...

Bitcoin 11 Years - Achievements, Lies, and Bullshit Claims So Far - Tooootally NOT a SCAM !!!!

That's right folks, it's that time again for the annual review of how Bitcoin is going: all of those claims, predictions, promises .... how many have turned out to be true, and how many are completely bogus ???
Please post / link this on Bitcoin (I am banned there for speaking the truth, so I cannot do it) ... because it'a way past time those poor clueless mushrooms were exposed to the truth.
Anyway, without further ado, I give you the Bitcoin's Achievements, Lies, and Bullshit Claims So Far ...
.
Bitcoin Achievements so far:
  1. It has spawned a cesspool of scams (2000+ shit coin scams, plus 100's of other scams, frauds, cons).
  2. Many 1,000's of hacks, thefts, losses.
  3. Illegal Use Cases: illegal drugs, illegal weapons, tax fraud, money laundering, sex trafficking, child pornography, hit men / murder-for-hire, ransomware, blackmail, extortion, and various other kinds of fraud and illicit activity.
  4. Legal Use Cases: Steam Games, Reddit, Expedia, Stripe, Starbucks, 1000's of merchants, cryptocurrency conferences, Ummm ????? The few merchants who "accept Bitcoin" immediately convert it into FIAT after the sale, or require you to sell your coins to BitPay or Coinbase for real money, and will then take that money. Some of the few who actually accept bitcoin haven't seen a customer who needed to pay with bitcoin for the last six months, and their cashiers no longer know how to handle that.
  5. Contributing significantly to Global Warming.
  6. Wastes vasts amounts of electricity on useless, do nothing work.
  7. Exponentially raises electricity prices when big miners move into regions where electricity was cheap.
  8. It’s the first "currency" that is not self-sustainable. It operates at a net loss, and requires continuous outside capital to replace the capital removed by miners to pay their costs. It’s literally a "black hole currency."
  9. It created a new way for people living too far from Vegas to gamble all their life savings away.
  10. Spawned "blockchain technology", a powerful technique that lets incompetent programmers who know almost nothing about databases, finance, programming, or blockchain scam millions out of gullible VC investors, banks, and governments.
  11. Increased China's foreign trade balance by a couple billion dollars per year.
  12. Helped the FBI and other law enforcement agents easily track down hundreds of drug traffickers and drug users.
  13. Wasted thousands if not millions of man-hours of government employees and legislators, in mostly fruitless attempts to understand, legitimize, and regulate the "phenomenon", and to investigate and prosecute its scams.
  14. Rekindled the hopes of anarcho-capitalists and libertarians for a global economic collapse, that would finally bring forth their Mad Max "utopia".
  15. Added another character to Unicode (no, no, not the "poo" 💩 character ... that was my first guess as well 🤣)
  16. Provides an easy way for malware and ransomware criminals to ply their trade and extort hospitals, schools, local councils, businesses, utilities, as well as the general population.
.
Correct Predictions:
  1. 2015-12: "1,000 dollar in 2015", u/Luka_Magnotta, aka time traveler from the future, 31-Aug-2013, https://www.reddit.com/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/ (Technically, this prediction is WRONG because the highest price reached in 2015 was $495.56 according to CMC. Yes, Bitcoin reached $1,000 in 2013 and 2014, but that's NOT what the prediction says).
  2. 2017-12: "10,000 in 2017", u/Luka_Magnotta, aka time traveler from the future, 31-Aug-2013, https://www.reddit.com/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/
  3. 2018-04: $10,000 (by April 2018), Mike Novogratz, link #1: https://www.bitcoinprice.com/predictions/, link #2: https://www.bloomberg.com/news/articles/2017-11-21/mike-novogratz-says-bitcoin-will-end-the-year-at-10-000
  4. 2018-12: $10,000 (by 2018), Tim Draper, link #1: https://www.bitcoinprice.com/predictions/, link #2: https://www.youtube.com/watch?v=3AW5s6QkRRY
  5. Any others ? (Please tell me).
.
Bitcoin Promises / Claims / Price Predictions that turned out to be lies and bullshit:
  1. ANONYMOUS
  2. CENSORSHIP RESISTANT
  3. FRICTIONLESS
  4. TRUSTLESS
  5. UNCENSORABLE
  6. UNTRACEABLE
  7. SAFE
  8. SECURE
  9. YOU CANNOT LOSE
  10. NOT A SCAM
  11. PERMISSIONLESS
  12. GUARANTEED PRIVACY
  13. CANNOT BE SEIZED
  14. CANNOT BE CONFISCATED
  15. Be your own bank
  16. Regulation-proof
  17. NO MIDDLEMEN
  18. DECENTRALIZED
  19. Instantaneous transactions
  20. Fast transactions
  21. Zero / No transaction fees
  22. Low transaction fees
  23. A store of value
  24. A deflationary digital asset
  25. "A deflationary digital asset that no single human being can destroy."
  26. "an asset that is equally as dual use as a car, water, or any other traditional element that has existed."
  27. "Digital gold"
  28. Easy to use
  29. Cannot be stolen
  30. Cannot be hacked
  31. Can be mined by anyone
  32. Can be mined by anyone, even with an old computer or laptop
  33. Cannot be centralized
  34. Will return power back to the people.
  35. Not a Ponzi scam
  36. Not a Pyramid scam
  37. Never pay tax again
  38. Your gains cannot be taxed
  39. A currency
  40. An amazing new class of asset
  41. An asset
  42. A means to economic freedom
  43. A store of value
  44. The best investment the word has ever seen
  45. A great investment
  46. Efficient
  47. Scalable
  48. Stable
  49. Resilient
  50. Reliable
  51. Low energy
  52. Low risk
  53. Redistribute wealth to everybody
  54. No more have's and have not's
  55. No more US and THEM
  56. No more disadvantaged people
  57. No more RICH and POOR
  58. No more poor people
  59. Uses amazing new technology
  60. Uses ingenious new technology
  61. Satishi Nakamoto invented ...
  62. Segwit will solve all of Bitcoin's woes
  63. Lightning Network will solve all of Bitcoin's woes
  64. Limited by scarcity
  65. Can only go up in value
  66. Price cannot crash
  67. Has intrinsic value
  68. Value will always be worth more than cost to mine
  69. Adoption by investors is increasing exponentially
  70. Adoption by investors is increasing
  71. Adoption by merchants is increasing exponentially
  72. Adoption by merchants is increasing
  73. You are secure if you keep your coins on an exchange
  74. You are secure if you keep your coins in a hardware wallet
  75. You are secure if you keep your coins in an air-gapped Linux PC
  76. Will change the world
  77. "the next phase in human evolution"
  78. "Blockchain is more encompassing than the internet"
  79. Blockchain can solve previously unsolvable problems.
  80. "The only regulation we need is the blockchain"
  81. "Bank the unbanked"
  82. "To abolish financial slavery and the state's toxic monopoly on money."
  83. "To have better tools in the fight against the state violence and taxation."
  84. "To stamp information on a blockchain forever so we can bypass state censorship, copyrights, patents(informational monopolies) etc."
  85. Will destroy / overthrow FIAT
  86. Will destroy / overthrow the world's governments
  87. Will destroy / overthrow the banking system
  88. Will destroy / overthrow the world economies
  89. Will free people from tyranny
  90. Will give people financial freedom
  91. Will bring world peace
  92. Never going below $19K again
  93. Never going below $18K again
  94. Never going below $17K again
  95. Never going below $16K again
  96. Never going below $15K again
  97. Never going below $14K again
  98. Never going below $13K again
  99. Never going below $12K again
  100. Never going below $11K again
  101. Never going below $10K again
  102. Never going below $9K again
  103. Never going below $8K again
  104. Never going below $7K again
  105. Never going below $6K again
  106. Never going below $5K again
  107. Never going below $4K again
  108. Is NOT a Scam
  109. Hashing Power secures the Bitcoin network
  110. Untraceable, private transactions
  111. Guaranteed privacy
  112. Not created out of thin air
  113. Not created out of thin air by unregulated, unbacked entities
  114. Totally NOT a scam
  115. Is not used primarily by crimonals, drug dealers, or money launderers.
  116. 100% secure
  117. 2010 will be the "Year of Crypto"
  118. 2011 will be the "Year of Crypto"
  119. 2012 will be the "Year of Crypto"
  120. 2013 will be the "Year of Crypto"
  121. 2014 will be the "Year of Crypto"
  122. 2015 will be the "Year of Crypto"
  123. 2016 will be the "Year of Crypto"
  124. 2017 will be the "Year of Crypto"
  125. 2018 will be the "Year of Crypto"
  126. 2019 will be the "Year of Crypto"
  127. 2010: MASS ADOPTION any day now"
  128. 2011: MASS ADOPTION aany day now"
  129. 2012: MASS ADOPTION aaany day now"
  130. 2013: MASS ADOPTION aaaany day now"
  131. 2014: MASS ADOPTION aaaaany day now"
  132. 2015: MASS ADOPTION aaaaaany day now"
  133. 2016: MASS ADOPTION aaaaaaany day now"
  134. 2017: MASS ADOPTION aaaaaaaany day now"
  135. 2018: MASS ADOPTION aaaaaaaaany day now"
  136. 2019: MASS ADOPTION aaaaaaaaany day now"
  137. "Financial Freedom, bro."
  138. no single entity, government or individual, can alter or reverse its transactions
  139. insurance against the tyranny of state
  140. Bitcoin has come to destroy all governments and bring about the libertarian utopia of my dreams.
  141. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 2+ years.
  142. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 5+ years.
  143. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 7+ years.
  144. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 9+ years.
  145. 1,000's of predictions of skyrocketing and/or never falling prices
  146. Escape the petty rivalries of warring powers and nation states by scattering control among the many. The Bitcoin Cash debacle proves that even the most cryptographically secure plans of mice and men often go awry. Ref: https://www.reddit.com/Buttcoin/comments/9zfhb6/like_theres_only_one_flaw_with_buttcoin_crash/ea8s11m
  147. People will NEVER be able to welch out of bets or deals again. Nov-2018, Ref: https://www.reddit.com/Buttcoin/comments/9zvpl2/the_guy_who_made_the_1000_bet_that_btc_wouldnt/
  148. "Everything will be better, faster, and cheaper.", Brock Pierce, EOS.io shill video.
  149. "Everything will be more connected.", Brock Pierce, EOS.io shill video.
  150. "Everything will be more trustworthy.", Brock Pierce, EOS.io shill video.
  151. "Everything will be more secure.", Brock Pierce, EOS.io shill video.
  152. "Everything that exists is no-longer going to exist in the way that it does today.", Brock Pierce, EOS.io shill video.
  153. "Everything in this world is about to get better.", Brock Pierce, EOS.io shill video.
  154. You are a slave to the bankers
  155. The bankers print money and then you pay for it
  156. Bitcoin is The Peoples Money
  157. Bitcoin will set you free
  158. Bitcoin will set you free from the slavery of the banks and the government Ref: https://www.reddit.com/Bitcoin/comments/cd2q94/bitcoin_shall_set_you_free/
  159. ~~Bitcoin is "striking fear into the hearts of bankers, precisely because Bitcoin eliminates the need for banks. ~~, Mark Yusko, billionaire investor and Founder of Morgan Creek Capital, https://www.bitcoinprice.com/predictions/
  160. "When transactions are verified on a Blockchain, banks become obsolete.", Mark Yusko, billionaire investor and Founder of Morgan Creek Capital, https://www.bitcoinprice.com/predictions/
  161. SnapshillBot quotes from delusional morons:
  162. "A bitcoin miner in every device and in every hand."
  163. "All the indicators are pointing to a huge year and bigger than anything we have seen before."
  164. "Bitcoin is communism and democracy working hand in hand."
  165. "Bitcoin is freedom, and we will soon be free."
  166. "Bitcoin isn't calculated risk, you're right. It's downright and painfully obvious that it will consume global finance."
  167. "Bitcoin most disruptive technology of last 500 years"
  168. "Bitcoin: So easy, your grandma can use it!"
  169. "Creating a 4th Branch of Government - Bitcoin"
  170. "Future generations will cry laughing reading all the negativity and insanity vomited by these permabears."
  171. "Future us will thank us."
  172. "Give Bitcoin two years"
  173. "HODLING is more like being a dutiful guardian of the most powerful economic force this planet has ever seen and getting to have a say about how that force is unleashed."
  174. "Cut out the middleman"
  175. "full control of your own assets"
  176. "reduction in wealth gap"
  177. "no inflation"
  178. "cannot print money out of thin air"
  179. "Why that matters? Because blockchain not only cheaper for them, it'll be cheaper for you and everyone as well."
  180. "If you are in this to get rich in Fiat then no. But if you are in this to protect your wealth once the current monetary system collapse then you are protected and you'll be the new rich."
  181. "Theres the 1% and then theres the 99%. You want to be with the rest thats fine. Being different and brave is far more rewarding. No matter your background or education."
  182. "NO COINERS will believe anything they are fed by fake news and paid media."
  183. "I know that feeling (like people looking at you as in seeing a celebrity and then asking things they don't believe until their impressed)."
  184. "I literally walk round everyday looking at other people wondering why they even bother to live if they don't have Bitcoin in their lives."
  185. "I think bitcoin may very well be the best form of money we’ve ever seen in the history of civilization."
  186. "I think Bitcoin will do for mankind what the sun did for life on earth."
  187. "I think the constant scams and illegal activities only show the viability of bitcoin."
  188. "I think we're sitting on the verge of exponential interest in the currency."
  189. "I'm not using hyperbole when I say Satoshi found the elusive key to World Peace."
  190. "If Jesus ever comes back you know he's gonna be using Bitcoin"
  191. "If this idea was implemented with The Blockchain™, it would be completely flawless! Flawless I tell you!"
  192. "If you're the minimum wage guy type, now is a great time to skip food and go full ramadan in order to buy bitcoin instead."
  193. "In a world slipping more and more into chaos and uncertainty, Bitcoin seems to me like the last solid rock defeating all the attacks."
  194. "In this moment, I am euphoric. Not because of any filthy statist's blessing, but because I am enlightened by own intelligence."
  195. "Is Bitcoin at this point, with all the potential that opens up, the most undervalued asset ever?"
  196. "It won't be long until bitcoin is an everyday household term."
  197. "It's the USD that is volatile. Bitcoin is the real neutral currency."
  198. "Just like the early Internet!"
  199. "Just like the Trojan Horse of old, Bitcoin will reveal its full power and nature"
  200. "Ladies if your man doesnt have some bitcoin then he cant handle anything and has no danger sex appeal. He isnt edgy"
  201. "let me be the first to say if you dont have bitcoin you are a pussy and cant really purchase anything worldwide. You have no global reach"
  202. "My conclusion is that I see this a a very good thing for bitcoin and for users"
  203. "No one would do such a thing; it'd be against their self interests."
  204. "Ooh lala, good job on bashing Bitcoin. How to disrespect a great innovation."
  205. "Realistically I think Bitcoin will replace the dollar in the next 10-15 years."
  206. "Seperation of money and state -> states become obsolete -> world peace."
  207. "Some striking similarities between Bitcoin and God"
  208. "THANK YOU. Better for this child to be strangled in its crib as a true weapon for crypto-anarchists than for it to be wielded by toxic individuals who distort the technology and surrender it to government and corporate powers."
  209. "The Blockchain is more encompassing than the internet and is the next phase in human evolution. To avoid its significance is complete ignorance."
  210. "The bull run should begin any day now."
  211. "The free market doesn't permit fraud and theft."
  212. "The free market will clear away the bad actors."
  213. "The only regulation we need is the blockchain."
  214. "We are not your slaves! We are free bodies who will swallow you and puke you out in disgust. Welcome to liberty land or as that genius called it: Bitcoin."
  215. "We do not need the bankers for Satoshi is our saviour!"
  216. "We have never seen something so perfect"
  217. "We must bring freedom and crypto to the masses, to the common man who does not know how to fight for himself."
  218. "We verified that against the blockchain."
  219. "we will see a Rennaisnce over the next few decades, all thanks to Bitcoin."
  220. "Well, since 2006, there has been a infinite% increase in price, so..."
  221. "What doesn't kill cryptocurrency makes it stronger."
  222. "When Bitcoin awake in normally people (real people) ... you will have this result : No War. No Tax. No QE. No Bank."
  223. "When I see news that the price of bitcoin has tanked (and thus the market, more or less) I actually, for-real, have the gut reaction "oh that’s cool, I’ll be buying cheap this week". I never knew I could be so rational."
  224. "Where is your sense of adventure? Bitcoin is the future. Set aside your fears and leave easier at the doorstep."
  225. "Yes Bitcoin will cause the greatest redistribution of wealth this planet has ever seen. FACT from the future."
  226. "You are the true Bitcoin pioneers and with your help we have imprinted Bitcoin in the Canadian conscience."
  227. "You ever try LSD? Perhaps it would help you break free from the box of state-formed thinking you have limited yourself..."
  228. "Your phone or refrigerator might be on the blockchain one day."
  229. The banks can print money whenever they way, out of thin air, so why can't crypto do the same ???
  230. Central Banks can print money whenever they way, out of thin air, without any consequences or accounting, so why can't crypto do the same ???
  231. It's impossible to hide illegal, unsavory material on the blockchain
  232. It's impossible to hide child pornography on the blockchain
  233. Fungible
  234. All Bitccoins are the same, 100% identical, one Bitcoin cannot be distinguished from any other Bitcoin.
  235. The price of Bitcoin can only go up.
  236. "Bubbles are mathematically impossible in this new paradigm. So are corrections and all else", John McAfee, 7 Dec 2017 @ 5:09 PM,https://mobile.twitter.com/officialmcafee/status/938938539282190337
  237. Scarcity
  238. The price of Bitcoin can only go up because of scarcity / 21 million coin limit. (Bitcoin is open source, anyone can create thir own copy, and there are more than 2,000+ Bitcoin copies / clones out there already).
  239. immune to government regulation
  240. "a world-changing technology"
  241. "a long-term store of value, like gold or silver"
  242. "To Complex to Be Audited."
  243. "Old Auditing rules do not apply to Blockchain."
  244. "Old Auditing rules do not apply to Cryptocurrency."
  245. "Why Bitcoin has Value: SCARCITY.", PlanB, Coin Shill, 22-Mar-2019, https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
  246. "Bitcoin is the first scarce digital object the world has ever seen, it is scarce like silver & gold, and can be sent over the internet, radio, satellite etc.", PlanB, Coin Shill, 22-Mar-2019, https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
  247. "Surely this digital scarcity has value.", PlanB, Coin Shill, 22-Mar-2019, https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
  248. Bitcoin now at $16,600.00. Those of you in the old school who believe this is a bubble simply have not understood the new mathematics of the Blockchain, or you did not cared enough to try. Bubbles are mathematically impossible in this new paradigm. So are corrections and all else", John McAfee, 7 Dec 2017 @ 5:09 PM,https://mobile.twitter.com/officialmcafee/status/938938539282190337
  249. "May 2018 will be the last time we ever see $bitcoin under $10,000", Charlie Shrem, bitcoin advocate and convicted felon, 11:31 AM 3-May-2018, https://twitter.com/CharlieShrem/status/992109375555858433
  250. "Last dip ever.", AngeloBTC, 14 Oct 2018, https://mobile.twitter.com/AngeloBTC/status/1051710824388030464/photo/1
  251. "Bitcoin May Have Just Experienced its Final Shakeout Before a Big Rally", Joseph Young, coin shill, October 15, 2018 22:30 CET, https://www.ccn.com/bitcoin-may-have-just-experienced-its-final-shakeout-before-a-big-rally/
  252. Bitcoin would be a buy if the price fell under $5,000., Mohamed El-Erian, chief economic advisor at Allianz, 29-Jun-2018, https://www.ccn.com/bitcoin-a-buy-below-5000-says-allianz-chief-economic-adviso
  253. 2013-11-27: ""What is a Citadel?" you might wonder. Well, by the time Bitcoin became worth 1,000 dollar [27-Nov-2013], services began to emerge for the "Bitcoin rich" to protect themselves as well as their wealth. It started with expensive safes, then began to include bodyguards, and today, "earlies" (our term for early adapters), as well as those rich whose wealth survived the "transition" live in isolated gated cities called Citadels, where most work is automated. Most such Citadels are born out of the fortification used to protect places where Bitcoin mining machines are located. The company known as ASICminer to you is known to me as a city where Mr. Friedman rules as a king.", u/Luka_Magnotta, aka time traveler from the future, 31-Aug-2013, https://www.reddit.com/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/
  254. 2018-02: Bitcoin price to hit $27,000 by February 2018, Trace Mayer, host of the Bitcoin Knowledge Podcast, and self-proclaimed entrepreneur, investor, journalist, monetary scientist and ardent defender, Link #1: https://mobile.twitter.com/TraceMayestatus/917260836070154240/photo/1, Link #2: https://www.bitcoinprice.com/predictions/
  255. 2018-06: "Bitcoin will surpass $15,000 in June [2018]." John McAfee, May 25, 2018, https://bitcoinist.com/john-mcafee-says-bitcoin-will-surpass-15000-in-june/
  256. 2018-07: Bitcoin will be $28,000 by mid-2018, Ronnie Moas, Wall Street analyst and founder of Standpoint Research, http://helpfordream.com/2018/12/23/5-bitcoin-price-predictions-gone-wrong/.
  257. 2018-12: Bitcoin to reach a price of between 40,000 and 110,000 US dollars by the end of the 2017 bull run ... sometime before 2019, Masterluc, 26-May-2017, an anonymous "legendary" Bitcoin trader, Link #1: https://www.tradingview.com/chart/BTCUSD/YRZvdurN-The-target-of-current-bubble-lays-between-40k-and-110k/, Link #2: https://www.bitcoinprice.com/predictions/
  258. 2018-12: "There is no reason why we couldn’t see Bitcoin pushing $50,000 by December [2018]", Thomas Glucksmann, head of APAC business at Gatecoin, Link #1: https://www.bitcoinprice.com/predictions/
  259. 2018-12: Listen up you giggling cunts... who wants some?...you? you want some?...huh? Do ya? Here's the deal you fuckin Nerds - Butts are gonna be at 30 grand or more by next Christmas [2018] - If they aren't I will publicly administer an electronic dick sucking to every shill on this site and disappear forever - Until then, no more bans or shadow bans - Do we have a deal? If Butts are over 50 grand me and Lammy get to be mods. Deal? Your ole pal - "Skully" u/10GDeathBoner, 3-Feb-2018 https://www.reddit.com/Buttcoin/comments/7ut1ut/listen_up_you_giggling_cunts_who_wants_someyou/
  260. 2018-12: 1 bitcoin = 1 Lambo. Remind me on Christmas eve [2018] u/10GDeathBoner, 3-Feb-2018, https://www.reddit.com/Buttcoin/comments/7ut1ut/listen_up_you_giggling_cunts_who_wants_someyou/dtn2pna
  261. 2018-12: Been in BTC since 2014 and experienced many "deaths" of BTC... this too shall pass... $10k end of the year. [2018] u/Exxe2502, 30-Jun-2018 https://reddit.com/Bitcoin/comments/8uur27/_/e1ioi5b/?context=1
  262. 2018-12: "Yale Alumni prediction - 30 Grand by Christmas [2018] - and you my friend... you will be the one eating Mcafee's dick in 2020. :) -:", u/SirNakamoto, 15-Jun-2018, https://www.reddit.com/Buttcoin/comments/8r0tyh/fdic_agrees_to_cover_bitcoin_losses_in_event_of/e0nzxq7
  263. 2018-12: "Impossible For Bitcoin Not to Hit $10,000 by This Year (2018)", Mike Novogratz, a former Goldman Sachs Group Inc. partner, ex-hedge fund manager of the Fortress Investment Group and a longstanding advocate of cryptocurrency, 22-Sep-2018, https://www.newsbtc.com/2018/09/22/billionaire-novogratz-impossible-for-bitcoin-not-to-hit-10000-by-this-yea
  264. 2018-12: "[Bitcoin] between $13,800 and $14,800 [by end of 2018]", Fundstrat's Tom Lee, 13-Dec-2018, https://www.cnbc.com/2018/12/13/wall-streets-bitcoin-bull-tom-lee-we-are-tired-of-people-asking-us-about-target-prices.html
  265. 2018-12: "Bitcoin is going to be $15k-$20k by the end of the year (2018)", Didi Taihuttu, 1-Nov-2018, https://www.wsj.com/video/series/moving-upstream/the-bitcoin-gamble/85E3A4A7-C777-4827-9A3F-B387F2AB7654
  266. 2018-12: 2018 bitcoin price prediction reduced to $15,000 [was $25,000], Fundstrat's Tom Lee, 16-Nov-2018, https://www.cnbc.com/2018/11/16/wall-streets-crypto-bull-tom-lee-slashes-year-end-forecast-by-10000.html
  267. 2018-12: "I want to be clear, bitcoin is going to $25,000 by year end (2018)", Fundstrat's Tom Lee, 5-Jul-2018, https://www.cnbc.com/video/2018/07/05/tom-lee-i-want-to-be-clear-bitcoin-is-going-to-25000-by-year-end.html
  268. 2018-12: "Bitcoin could be at $40,000 by the end of 2018, it really easily could", Mike Novogratz, a former Goldman Sachs Group Inc. partner, ex-hedge fund manager of the Fortress Investment Group and a longstanding advocate of cryptocurrency, 21-Sep-2018, https://www.youtube.com/watch?v=6lC1anDg2KU
  269. 2018-12: "Bitcoin will be priced around $50,000 by the end of the year (2018)", Bitcoin bull Arthur Hayes, co-founder and CEO of BitMEX, 29-Jun-2018, https://www.cnbc.com/2018/06/29/bitcoin-will-reach-50000-in-2018-says-founder-of-bitcoin-exchange.html
  270. 2018-12: "Bitcoin could definitely see $50,000 in 2018", Jeet Singh, cryptocurrency portfolio manager, speaking in January 2018 at the World Economic Forum in Davos, https://www.dcforecasts.com/new-prediction-says-bitcoin-hit-50000-2018/
  271. 2018-12: "Bitcoin will hit $100,000 this year (2018)", Kay Van-Petersen, an analyst at Saxo Bank, 17-Jan-2018, https://www.cnbc.com/2018/01/16/bitcoin-headed-to-100000-in-2018-analyst-who-forecast-2017-price-move.html
  272. 2018-12: "Bitcoin price to surpass the $100,000 mark by the end of 2018", Tone Vays, 21-Sep-2017, https://www.ccn.com/prominent-bitcoin-trader-price-is-heading-towards-100000-in-2018/
  273. 2018-12: "Bitcoin’s Price Will Surpass the $100,000 Mark by the End of 2018", Anonymous ("author" obviously too embarrassed to put his name to such bullshit "articles"), Oct-2018, https://investingpr.com/bitcoin-price-predictions-for-2018/
  274. 2018-12: "Our [2018] year-end bitcoin target is $7700.", James Stefurak, Founder at Monarch Research. See article: "Experts Forecast Bitcoin will rise by 2019", REF: https://hackernoon.com/experts-forecast-bitcoin-will-rise-by-2019-f4af8807036b?gi=dfea3c30d6d8
  275. 2018-12: "... we’ll see the price rally reaching its all-time of high of around $20K before the end of 2018", Khaled Khorshid, Co-Founder at Treon ICO. See article: "Experts Forecast Bitcoin will rise by 2019", REF: https://hackernoon.com/experts-forecast-bitcoin-will-rise-by-2019-f4af8807036b?gi=dfea3c30d6d8
  276. 2018-12: Bitcoin will end 2018 at the price point of $50,000, Ran Neuner, host of CNBC’s show Cryptotrader and the 28th most influential Blockchain insider according to Richtopia,https://www.bitcoinprice.com/predictions/
  277. Plus a whole host of wrong 2019 predictions (could not be included here because of post character limit issues), so please see my earlier post from 4 days ago: Ummm, remember those "Expert" Bitcoin Price Predictions for 2019 ..... ohhhhh dear ....., https://www.reddit.com/Buttcoin/comments/eiqhq3/ummm_remember_those_expert_bitcoin_price/
.
But it's NOT all bad news, some claims and promises are yet to be determined:
  1. Never going below $3K again
  2. Never going below $2K again
  3. Never going below $1K again
  4. Any others ? Please let me know.
submitted by Crypto_To_The_Core to Buttcoin [link] [comments]

Kickstarter Roundup: Feb 11, 2018 | 28 Ending Soon (including: UBOOT) & 53 New This Week (including: CO2: Second Chance)

What this is:

This is a weekly, curated listing of Kickstarter tabletop games projects that are either:
All board game projects meeting those criteria will automatically be included, no need to ask. (But the occasional non-board game project may also sneak in!)
Expect new lists each Sunday sometime between 12:00am and 12:00pm PST.

Ending Soon

Project Info Status Backers Avg Pledge Ending Comments
THE ART OF TOKAIDO Admire, gathered in a single work for the very first time, all of the original graphical creations that make the universe of TOKAIDO. (Has currently earned €25,751 of €20,000) 128% 373 €69 02-12 kicktraq #bling
Tiny Cloud : the 2.5$ game A quick dexterity game for 2 players. Simple to learn, fun to play. (Has currently earned €202 of €200) 101% 71 €3 02-12 kicktraq
SUET the Card Game - Evil Geniuses & Dastardly Devices A light, fast paced "take that" card game that will have you laughing maniacally or crying... or maybe both! (Has currently earned $2,051 of $500) 410% 64 $32 02-12 kicktraq #take2
Roll Out Boards: Pegs & Jokers Board Game Pegs & Jokers, A Game of Strategy, Chance, & Tricks. Roll Out Boards Has Developed A Creative Twist On A Classic Game. (Has currently earned $1,460 of $1,150) 126% 35 $42 02-12 kicktraq
Bugs: Into the Tunnels Two Hour Wargames brings you "Bugs: Into the Tunnels" - a complete game playable with our minis and resin tunnel sections (Has currently earned $3,447 of $2,500) 137% 36 $96 02-13 kicktraq
The Scarlet Pimpernel: Signature Edition Join the Scarlet Pimpernel on his daring adventures in this beautiful new euro strategy game! (Has currently earned $46,134 of $15,000) 307% 717 $64 02-13 kicktraq
BattleMats: Dragon's Dungeon Lair Giant RPG Encounter Mat Gaming mats designed especially for table top roleplaying games; physical printed vinyl mats and digital images or both. make 100 (Has currently earned £2,419 of £300) 806% 145 £17 02-13 kicktraq #bling
America Falling America Falling is a new board game by Ty Bomba that explores the end of America. (Has currently earned $13,217 of $10,000) 132% 208 $64 02-13 kicktraq
Super PACS: The Game of Politics 2017 Expansion Set All new cards for Super PACS: The Game of Politics... inspired by political events of 2016 and 2017 (not a standalone game.) (Has currently earned $3,098 of $1,000) 309% 101 $31 02-14 kicktraq #expansion base game
MaricopaCon 2018 and Macro-Con 2018 What is this madness? We are back for our sixth year funding project, and partnering with Macro-Con to give you a two for one deal! (Has currently earned $6,305 of $6,000) 105% 107 $59 02-14 kicktraq #con
Lightning & Bolt — an asymmetric co-op superhero adventure! A game of superheroes & robots for parents & kids, from the creator of Vast & the illustrator of Everdell // A proud part of MAKE 100 (Has currently earned $4,915 of $3,500) 140% 417 $12 02-14 kicktraq
UBOOT The Board Game A real-time, app-driven board game of WW2 submarine warfare. This underwater war thriller will put your skills to the ultimate test. (Has currently earned £551,051 of £65,000) 847% 7451 £74 02-15 kicktraq
Make 100: Brian's Got Game - Board Game Reviews We need your help to make 2018 our best year of game reviews (Has currently earned $1,776 of $500) 355% 99 $18 02-15 kicktraq #show
Seize the Bean - A Light-Hearted Deck Builder about Berlin! Thematic deck builder with brutal resource management, card drafting, set collection, engine building, modular setup & wild components! (Has currently earned €82,081 of €20,000) 410% 1984 €41 02-15 kicktraq
Home on Lagrange Become the Admiral of your own station as the human race attempts to colonise outer-space in this strategic card game. (Has currently earned £16,197 of £19,500) 83% 268 £60 02-15 kicktraq
The Catholic Card Game - a party game for Catholics A game the Pope could play. (Has currently earned $24,117 of $22,000) 109% 540 $45 02-15 kicktraq
Dead Men Tell No Tales: Board Game Expansion + Miniatures The Kraken game expansion and miniatures addon for Dead Men Tell No Tales cooperative board game. (Has currently earned $69,864 of $50,000) 139% 919 $76 02-15 kicktraq #expansion base game
Warpgate Conquer the galaxy in less than an hour! (Has currently earned $39,242 of $10,000) 392% 607 $65 02-16 kicktraq #take2
Warriors of Jogu: Feint Outwit your opponent in this tactical card game of bluffing and deduction. (Has currently earned $9,276 of $8,000) 115% 180 $52 02-16 kicktraq
Noises At Night A pleasant night of mystery & deduction. Up to four detectives will face off to collect points while protecting their own identity. (Has currently earned $25,243 of $6,000) 420% 684 $37 02-16 kicktraq
Valeria: Card Kingdoms - Shadowvale The next thrilling expansion - Shadowvale - introduces all new Monsters, Citizens and Domains, with a twist of classic horror. (Has currently earned $76,258 of $15,000) 508% 2109 $36 02-16 kicktraq #expansion base game
Gentes - Deluxified™ Edition Tasty Minstrel Games & Game Brewer present Stephen Risthaus' "Gentes" a game about ancient civilizations- in Deluxified™ Format! (Has currently earned $369,794 of $40,000) 924% 5432 $68 02-17 kicktraq
Bitcoin Empire: To The Moon 2.0 A card game about bitcoin and a conspiracy that the moon landings are fake. (Has currently earned £865 of £300) 288% 19 £46 02-17 kicktraq #take2
Crab Dash! - A hermit crab racing/betting board game. A fast-paced hermit crab racing/betting board game. Crab Dash delivers the excitement and betting aspect of a real hermit crab race. (Has currently earned $1,861 of $5,400) 34% 52 $36 02-17 kicktraq
Bombs Away Bombs Away is a cutthroat party game of strategy, deception, and trust building for 4-10 players. (Has currently earned $6,712 of $9,000) 74% 85 $79 02-17 kicktraq
Killer Eyelashes, the card game An adventure card game. All makeup in the world has been infected turning everyone into zombies except you... A Drag with superpowers! (Has currently earned €9,103 of €9,000) 101% 283 €32 02-18 kicktraq
The Ghosts of Midlam Manor Midlam Miniatures are pleased to present a collection of nine 28mm scale ghost miniatures for use in all of your fantasy games. (Has currently earned £3,996 of £600) 666% 130 £31 02-18 kicktraq #minis
The Keyring RPG Carry the stories with you, wherever you go (Has currently earned kr48,643 SEK of kr60,000 SEK) 81% 173 kr281 SEK 02-18 kicktraq #rpg

New This Week

Project Info Status Backers Avg Pledge Ending Comments
'RELEASE THE MONKS' Please back this project for a pack of 5 x 28mm metal ikko ikki Warrior Monks for my current 28mm Samurai Range (Has currently earned £120 of £1,000) 12% 2 £60 02-25 #minis
#refugee Card Game A dynamic 2-4 player game about the plight of refugees that challenges players to consider the impacts of their decisions. (Has currently earned $1,379 of $7,000) 19% 33 $42 03-07 #take2
+3 DEGREES A strategic board game set in 2080. Can you save & rebuild planet Earth with limited resources, robots and temperatures at +3 Degrees? (Has currently earned $643 of $25,000) 2% 10 $64 03-09
1,000-Year Beard: The Card Game A fast paced, fuzzy-fun game of cards & dice for up to 4 players. Grow your own Dwarven Beard for a thousand years and win! (Has currently earned $672 of $6,000) 11% 36 $19 03-09
14 x 24 Space Themed Game Mat for any Card or Board Game Make this space themed game mat a reality. I designed the exact play mat I wanted for tabletop miniature game play,now lets get it made (Has currently earned $648 of $300) 216% 30 $22 02-24 #bling
Act of Treason A social board game of deception and intrigue for 5 to 10 players. (Has currently earned $1,469 NZD of $35,000 NZD) 4% 29 $51 NZD 02-24
Adventure on the edge of extinction in a war between worlds Centuries of war between the Viahem and the Mesohem left the world broken. In the aftermath, Invaders from space begin the war anew. (Has currently earned £1,147 of £1,000) 114% 75 £15 03-11 #rpg
Age of Æther An historical steampunk fantasy RPG where the Age of Enlightenment and Industrial Revolution engage Fantasy Sword and Sorcery action. (Has currently earned $3,732 of $2,000) 186% 46 $81 03-07 #rpg
Amongst Thieves No one likes having to follow the rules, that is why we created a game where cheating is not only allowed, but required. (Has currently earned $336 of $12,000) 2% 6 $56 03-08
Animal Ailments - The Wild Miming Game! A Gorilla with Brainfreeze?! A Hyena with a Hangover?! Act out ridiculous combinations in this hilarious family friendly party game. (Has currently earned £1,723 of £3,500) 49% 51 £34 03-14
Anklebiters - Pixies VS Gremlins Pixies and Gremlins face off in this light strategy whimsical card game. (Has currently earned $8,805 CAD of $7,000 CAD) 125% 239 $37 CAD 03-08 #take2
Around The Campfire An inspiring storytelling game that incites imagination. It incorporates fantasy, and overall is fun and easy to play! (Has currently earned $135 of $1,000) 13% 3 $45 03-08
BattlePool A new type of game played on a pool table. Get the game set and play for real or download the mobile app and play as you go. (Has currently earned €42 of €20,000) 0% 2 €21 03-08
Billionaire Sergeant : A game about betrayal Billionaire Sergeant is a social deduction game for 4-6 players. Its a game all about alliance, betrayal and corruption. (Has currently earned HK$66,285 of HK$90,000) 73% 135 HK$491 03-12
British vs Pirates Volume 2 The immersive ship combat strategy game set during the Golden Age of Piracy. Only a 3-week campaign! (Has currently earned $35,926 of $50,000) 71% 216 $166 03-01 #expansion base game
BUSINESS PANDA BEACH PARTY The fifth party game from Jack Dire, creator of Superfight. Prepare for some very loud game nights. (Has currently earned $3,919 of $20,000) 19% 151 $26 03-23
Cards With No Sexuality - Another Unofficial Expansion Do you love Cards Against Humanity? Do you wish you had more cards that were the right amount of funny? Well here's a thing I did. (Has currently earned $90 of $4,000) 2% 6 $15 03-22
CO2: Second Chance Your second chance to try to save the planet! The famous Vital Lacerda boardgame comes back in a new edition! (Has currently earned €133,056 of €30,000) 443% 2088 €64 02-28 #2.0 1st ed
Comic Turns The comic strip storytelling game. A creative card game system for adults and kids 7+. 3 ways to play included. Play, create, explore! (Has currently earned £1,118 of £4,000) 27% 58 £19 03-13
Cypress Legacy: The Board Game, Table Top Games, Board Games Cypress Legacy: The Board Game is an adventurous and competitive game for two to six players, based on the Cypress Inheritance Saga. (Has currently earned $1,242 of $50,000) 2% 15 $83 03-09 #take6 #hmm
Do Not Die A fast paced, challenging game of survival based on management of vitals and resource crafting. Fun and exciting for all ages! (Has currently earned $1,057 of $11,998) 8% 21 $50 03-08
DOJO Play Mats, thematic playing surfaces for card games A Kickstarter for play mats featuring thematic, simple ink wash artwork. Usable with any card game and many other tabletop games. (Has currently earned £2,719 of £500) 543% 94 £29 03-08 #bling
Fields of Agincourt: A Combative Tile Laying Board Game Fields of Agincourt is a combative tile-placement game for 2-5 players. (Has currently earned $4,797 of $27,650) 17% 87 $55 03-08
Geography game This game will help people learn more about geography and most importantly help them learn about the world.This is extremely beneficial (Has currently earned £25 of £40,000) 0% 1 NA 04-06 #lolwut
HASTINGS 1066 Game Part of the Break the Line Series. This fast playing card game for 2 players lets you refight this important battle from history. (Has currently earned $2,978 of $1,000) 297% 63 $47 02-28
Hell Awaits... Wave 2 Second Wave of hand sculpted 28mm Demon miniatures ready to be summoned into your homes. (Has currently earned £1,046 of £600) 174% 24 £44 02-26 #minis
Hex Chest Mini Dice Boxes and Pebble Dice Go small and go home: tiny dice with tiny dice boxes (Has currently earned $38,394 of $5,000) 767% 729 $53 03-10 #bling
HORIAN BOOMS; Minimal board games collection This project introduces two board games in one package of Horian Booms series. (Has currently earned $620 of $30,000) 2% 1 NA 03-12 #hmm
Lunch Time Legends - Happy Hour Play as one of six foody Managers, hire more family, dominate the Food Court and become the ultimate Lunch Time Legend! (Has currently earned $50 AUD of $12,000 AUD) 0% 1 NA 03-07 #take2
Miniatures for Collectors & Gamers Help us start our new line of Miniatures: High Quality resin pieces in 90mm and 28-32mm for Collectors, Painters and Gamers. (Has currently earned €2,159 of €6,500) 33% 39 €55 03-09 #minis
New MexiCon 2018 This is the Fifth Annual New MexiCon, New Mexico's only indie tabletop roleplaying game convention! (Has currently earned $3,395 of $1,500) 226% 25 $136 02-27 #con
Offend The World - How Many Can YOU Offend? The fast paced card game of languages and offence. Learn how to offend 3,200,000,000 people and your friends! How many can you offend? (Has currently earned £586 of £15,000) 3% 23 £25 03-11
Opticall Cards "Opticall" is a statistical bluffing card game. (Has currently earned $1,757 CAD of $3,500 CAD) 50% 25 $70 CAD 03-08 #hmm
Pip dice (CNC pattern) Classical CNC Dice in new design for tabletop games and collectors. (Has currently earned €613 of €500) 122% 22 €28 02-20 #dice
PLANETOPIA: A deck and pattern building game for 2-5 players Embody a planet, attract life forms, arrange your living spaces and prove that your planet is the most prestigious of all! (Has currently earned €4,602 of €8,000) 57% 144 €32 03-06
Prehistory A prehistoric themed strategy board game with unique mechanisms for 2-4 players. (Has currently earned €32,267 of €25,000) 129% 545 €59 03-08
Roil: The Strategy Card Game A secrete cabal and pernicious fate...sounds like family game night. A family friendly strategy card game for 2-4 players. (Has currently earned $1,047 of $2,900) 36% 18 $58 03-07 #take2
Rune Society Play a variety of competitive formats or team up against a powerful Nemesis in this unique strategic card game. (Has currently earned $2,928 of $15,045) 19% 93 $31 03-02
SAVAGE CHOICES - The Party Game That Will Ruin Your Life Whose life would you choose to live? Decide between your favorite heroes, villains, TV, movie and other crazy characters. (Has currently earned $13,404 CAD of $7,000 CAD) 191% 348 $39 CAD 03-09 #lolwut
Sonic the Hedgehog: Battle Racers A Pre-painted Miniatures Racing Board Game for 2 - 5 players. Race past Badniks and Bosses, collecting Rings in a sprint to the finish. (Has currently earned $42,425 of $50,000) 84% 356 $119 03-02 #take2
Space Park Ride a rocket to extraordinary destinations. Gather crystals during your travels. Become the Galaxy's next great explorer. (Has currently earned $24,546 of $25,000) 98% 779 $32 03-08
State of Wonder - A Card Game of Siege and State Take fate into your own hands in State of Wonder - a card game of Deceit, Predictions and Strategy. Can you take the throne of Scathia? (Has currently earned kr23,711 SEK of kr30,000 SEK) 79% 51 kr465 SEK 03-02
Subatomic: An Atom Building Board Game A deck-building game where particle physics & chemistry collide! Use quarks to build subatomic particles & those particles build Atoms! (Has currently earned $75,596 of $12,500) 604% 1422 $53 03-08
Super Chess The ultimate card game for chess enthusiasts (Has currently earned £239 of £1,000) 23% 19 £13 03-09
Tantrum House Board Game Reviews: Season 5 Tantrum House needs your support to continue creating the high quality board game review content you love! (Has currently earned $4,052 of $3,000) 135% 180 $23 02-26 #show
The Arks: An Intergalactic Game Of Discovery Join the race to discover the secrets of The Arks - a brand new tabletop game for 2 to 6 players! (Has currently earned £176 of £10,000) 1% 8 £22 03-09
The Wyrmwood Adventurer's Arsenal Storage for dice and miniatures, a rolling tray and a pencil make the Wyrmwood Adventurer's Arsenal the perfect tabletop RPG companion. (Has currently earned $198,013 of $10,000) 1980% 1144 $173 03-08 #bling
Tiny Cloud : the 2.5$ game A quick dexterity game for 2 players. Simple to learn, fun to play. (Has currently earned €202 of €200) 101% 71 €3 02-12
Treasure Mountain - Dig Deep, But Not Too Deep! A dwarf themed board game for 2-4 players, using a unique bumping worker placement mechanic based on the size of your dwarf's beard. (Has currently earned $20,917 of $30,000) 69% 325 $64 03-07
WarTopia : Defend Your Gold, Conquer More! Easy; Fast Paced; Wildly Fun Competitive 4 to 6 Player Game that Brings Out the Most Skillful, Lucky, Strategic, and Greedy People! (Has currently earned $660 of $15,000) 4% 7 $94 03-07 #take2
Wibbell++ : 6 games exploring words, letters & language. The 6 games feature co-operative word-building, shouting, shape recognition, storytelling, creativity in language and analysis. (Has currently earned £2,716 of £4,800) 56% 119 £23 02-22
Looking for more comprehensive Kickstarter gaming information? Check out the meta listings on BGG, explore Kicktraq's data-driven views, or, of course, Kickstater's Tabletop Category.

Footnotes

  • #hmm means that something about the project seems a little off. Buyer beware kinda thing.
  • #lolwut is reserved for projects that seem like trainwrecks. Check 'em out for amusement.
  • #take tags are for projects that have been restarted for some reason, with the number indicating what iteration we're currently on.
  • Did I miss something? Particularly stuff that might go in the Comments column? Let me know and I'll add it in.
Tip Jar - Keep me in Kickstarter money.
submitted by Zelbinian to boardgames [link] [comments]

Removed comments from Economics subreddits - 06/26/18

Oh fuck off OP
Comment removed from /Economics on 06/26/18 00:03:07 UTC - thisahole - permalink
Trumposting guarantees you hot topic on subscribers list.
Comment removed from /Economics on 06/26/18 00:03:37 UTC - 3lRey - permalink
This is allowed yet an article I posted about Says Law got removed by the mods...?
Comment removed from /Economics on 06/26/18 00:23:40 UTC - austrolib - permalink
LOL. Jesus man.
Let me rephrase part of your post for you: Mental health professionals, who have never met Trump, feel qualified to diagnose him.
I would question any mental health professional who diagnosed a patient without ever meeting them in person over the course of several sessions. Primarily because the face we show the public (particularly on social media or in business and politics) often bears little similarity to the face we show in private.
https://www.psychologytoday.com/us/blog/stories-the-self/200812/the-conflation-public-and-private-identity
Comment removed from /Economics on 06/26/18 00:46:00 UTC - willfiredog - permalink
How about you read the fucking article instead of responding, I'm guessing, to what you incorrectly perceive as some sort of political bias in the paper publishing it?
This next crash / recession is going to be real bad due to debt at all time highs across corporate, student load, credit card, and auto loans. Businesses and households are leveraged to an insane degree and a recession is going to cause a lot of damage.
Comment removed from /Economics on 06/26/18 01:11:37 UTC - Anjin - permalink
At least the dems lie
Comment removed from /Economics on 06/26/18 01:14:36 UTC - Sardonic_Samurai - permalink
No, no political bias. I agree that the bubble which will inevitably pop will make the crash of ‘08 look mild. I dislike WashPo for personal reasons.
Comment removed from /Economics on 06/26/18 01:17:13 UTC - YourDreamsWillTell - permalink
Thought I was reading politics for a min.
Comment removed from /Economics on 06/26/18 02:30:56 UTC - Playaguy - permalink
This entire article should be removed. This isn't economics, this is tabloid press.
Comment removed from /Economics on 06/26/18 02:34:58 UTC - steefen7 - permalink
His friends are the richest in the country. Wtf.
Comment removed from /Economics on 06/26/18 03:22:37 UTC - skarbles - permalink
If you want to question mental health professionals who are professors at Harvard, be my guest.
Comment removed from /Economics on 06/26/18 03:27:52 UTC - austex_mike - permalink
Go back to your room junior, let the adults talk
Comment removed from /Economics on 06/26/18 03:39:25 UTC - athome_sugarwalls - permalink
vanity fair in economics?
Comment removed from /Economics on 06/26/18 03:48:39 UTC - Monos1 - permalink
I mean why not just leave this post out of this sub? This is obviously politically motivated
Comment removed from /Economics on 06/26/18 03:49:40 UTC - Moosebjj94 - permalink
lemme guest
clickbait
Comment removed from /Economics on 06/26/18 04:00:16 UTC - Hanselltc - permalink
Oh man, Harvard... what do?
The American Psychiatric Association weighed in on “arm-chair diagnosis” decades ago.
“7. 3. On occasion psychiatrists are asked for an opinion about an individual who is in the light of public attention or who has disclosed information about himself/herself through public media. In such circumstances, a psychiatrist may share with the public his or her expertise about psychiatric issues in general. However, it is unethical for a psychiatrist to offer a professional opinion unless he or she has conducted an examination and has been granted proper authorization for such a statement.”
https://www.psychiatry.org/newsroom/goldwater-rule
“It was astounding to me when the survey first came out,” Stach, now retired in Willowbrook, Ill., told Psychiatric News. “It was impossible for a psychiatrist to come to a conclusion like that without a personal examination. The psychiatrists who were baited into giving responses were imprudent.”
And their stance hasn’t changed.
https://www.psychiatry.org/newsroom/news-releases/apa-calls-for-end-to-armchair-psychiatry
“A proper psychiatric evaluation requires more than a review of television appearances, tweets, and public comments. Psychiatrists are medical doctors; evaluating mental illness is no less thorough than diagnosing diabetes or heart disease. The standards in our profession require review of medical and psychiatric history and records and a complete examination of mental status. Often collateral information from family members or individuals who know the person well is included, with permission from the patient.”
The American Psychological Association and the American Medical Association have similar rules in their codes of ethics.
The American Psychoanalytic Association is the only real outlier. They don’t consider it an ethical violation per se... “The American Psychoanalytic Association takes the position that psychoanalysts should offer relevant psychoanalytic insights to aid the public in understanding a wide range of phenomena in politics, the arts, popular culture, history, economics, and other aspects of human affairs. The added depth of understanding that psychoanalytic commentary can provide regarding public affairs benefits society and the profession. However, the American Psychoanalytic Association expects psychoanalysts to exercise extreme caution when making statements to the media about public figures. Respect for the limits of psychoanalytic inference about individuals one does not know and has not interviewed indepth is essential.”
It’s almost as if these professional organizations all came to believe that a diagnoses should follow an actual physical examination. Weird.
Comment removed from /Economics on 06/26/18 04:06:42 UTC - willfiredog - permalink
ITT: punks getting rule IV'd
Comment removed from /Economics on 06/26/18 04:24:04 UTC - supahotfyah - permalink
Hang. I'll just do it myself.
[removed]
Comment removed from /Economics on 06/26/18 04:30:52 UTC - easye2889 - permalink
🎵 It's still stupid and terrifying that the president said this. 🎵
Comment removed from /Economics on 06/26/18 04:34:27 UTC - ontopic - permalink
Backfire
Comment removed from /Economics on 06/26/18 04:35:30 UTC - tjrajuncajun21 - permalink
Why don’t the mods just remove the thread at this point? Lmao
I obviously wasn’t able to see any of the comments but I doubt they were any worse than normal /economics drivel that appears whenever trump is the topic
Comment removed from /Economics on 06/26/18 04:39:38 UTC - DoesntSmellLikePalm - permalink
When will this term end? Gosh feels like 20 years already.
Comment removed from /Economics on 06/26/18 05:19:20 UTC - singingtable - permalink
Nonsense. The profit margin may be minimized, but it will never be 0, else nothing would ever be done.
Comment removed from /AskEconomics on 06/26/18 05:23:42 UTC - AdamsDJ - permalink
Buy bitcoin and do some bets at the World Cup
Comment removed from /Economics on 06/26/18 06:43:30 UTC - aiapaec - permalink
I can’t wait to vote and make sure we don’t elect another village idiot.
Comment removed from /Economics on 06/26/18 08:13:03 UTC - faulkque - permalink
Drain the swamp right?
Comment removed from /Economics on 06/26/18 09:23:16 UTC - hanswurstfriz - permalink
This is the kind of honesty that American politics has beeb lacking. Well done everyone.
Comment removed from /Economics on 06/26/18 10:12:54 UTC - Derangedcity - permalink
No it isn’t. What’s it like living in a constant state of fear?
Comment removed from /Economics on 06/26/18 10:56:53 UTC - bobcatscratch - permalink
This but about being afraid of non-White people
Comment removed from /Economics on 06/26/18 11:29:34 UTC - fg-flat - permalink
Every post on this sub is just anti-trump shite.
Comment removed from /Economics on 06/26/18 11:30:00 UTC - GrumpitySnek - permalink
Money: Sound and Unsound by Joseph T Salerno
Comment removed from /AskEconomics on 06/26/18 12:02:57 UTC - anonymous-tunes - permalink
Seriously? This is obviously upvoted for the headline and the headline is obviously clickbait. Says a lot about economics
Comment removed from /Economics on 06/26/18 12:18:53 UTC - LibertarianBhuddist - permalink
Hard to explain, what's mind numbing stupidity like?
Comment removed from /Economics on 06/26/18 12:55:43 UTC - ontopic - permalink
Ignorance is bliss.
Comment removed from /Economics on 06/26/18 12:57:14 UTC - bobcatscratch - permalink
no it says a lot about the people interested in turning this sub into a shillfest like politics and news
you didn't ever see an politicalhumor post ever before the election, right? but now it's on the front page every other day. they obviously have the same subversion plans for this subreddit, by voting up biased horseshit like OP's post and drowning out the discussion by actual economists, hoping they'll leave. then they can bring in their own "economists" who will trash everything Trump is doing for the economy.
Comment removed from /Economics on 06/26/18 13:02:36 UTC - jcy - permalink
Right it's better to have presidents that hide all that shit from us. Better that they come in poor and leave being worth 10s of millions or more on that 400k salary.
Comment removed from /Economics on 06/26/18 13:33:35 UTC - cod3r__ - permalink
This is such an absurd false premise that you should be angry that your brain let you put it on the internet.
Naked graft is not better than hidden graft.
Comment removed from /Economics on 06/26/18 13:38:20 UTC - ontopic - permalink
It's a game everyone is playing. I'd be playing it too. To say it's terrifying is silly. This is the world we live in.
Comment removed from /Economics on 06/26/18 13:41:44 UTC - cod3r__ - permalink
It's one thing to wallow in filth it's another to tell yourself you enjoy the smell.
I'm not afraid of a subnormal goon making slimy money laundering deals with foreign autocrats, I'm afraid of the volume of dipshits like you who don't see a problem with that, or the child prisons, unless the president has a D next to his name.
Comment removed from /Economics on 06/26/18 13:52:39 UTC - ontopic - permalink
It's a game played by corrupt people. Some americans assume everyone is a crook out to get them, so they just like the people who are unabashed about it. It's like a country running on stockholm syndrome
Comment removed from /Economics on 06/26/18 13:57:03 UTC - imthestar - permalink
It's also possible to see a problem with it and accept that this is the way the world works.
Until we have a major fundamental shift in what it means to survive in today's world.. this is the thing we'll have.
People that get to the top especially in politics are not doing it because that's what they enjoy doing. They are doing it for money.
Comment removed from /Economics on 06/26/18 14:01:22 UTC - cod3r__ - permalink
I understand that you think this jaundiced view makes you feel like a free thinker who is above the fray, but you are actually at best a weak coward.
Comment removed from /Economics on 06/26/18 14:09:25 UTC - ontopic - permalink
and you are a narcissistic prick that thinks he's super duper smart. Cry more about it why don't you?
WAHH MY PRESIDENT HAS FRIENDS THAT HE HELPS MAKE MONEY WAHHHHHHHH
who gives a fuck.. especially when overall it's good for the economy. He literally wants to do everything in his power to make our economy so strong his friends become billionaires.
Join the game, you might be able to make something of yourself.
Comment removed from /Economics on 06/26/18 14:15:14 UTC - cod3r__ - permalink
Haha, man do you hear yourself?
Comment removed from /Economics on 06/26/18 14:18:17 UTC - ontopic - permalink
Are you saying that starting a needless trade war, exiting the Iran deal making gas prices jump, bailing out Chinese companies so his daughter gets trademark rights and removing consumer protection is good for the economy?
Comment removed from /Economics on 06/26/18 14:24:53 UTC - thegreatmathturbator - permalink
Look, I hate Trump just as much as 51.6% of Americans but man oh man this article is an absolute rag. It's total clickbait garbage that should really just get outright removed.
Comment removed from /Economics on 06/26/18 14:40:23 UTC - itsaworkalt - permalink
The title is BS. Trump has no friends, he's trying to buy some.
Comment removed from /Economics on 06/26/18 14:49:15 UTC - doyle828 - permalink
Tbqh wall Street doesn't need any more money than they already and I'd prefer if it didn't exist
Comment removed from /Economics on 06/26/18 14:57:21 UTC - grindmonkey - permalink
child prisons
Gimme a fucking break. Those “prisons” are the nicest conditions those kids have ever experienced. People like you are why no one takes the left seriously anymore
Comment removed from /Economics on 06/26/18 14:57:31 UTC - SheLostGetOverIt - permalink
I hope you get the life you deserve.
Comment removed from /Economics on 06/26/18 15:05:25 UTC - ontopic - permalink
Buy crypto
Comment removed from /Economics on 06/26/18 15:06:41 UTC - madmadG - permalink
Jesus fucking Christ this is cringy
Comment removed from /Economics on 06/26/18 15:08:03 UTC - zbaile1074 - permalink
So it seems
Comment removed from /Economics on 06/26/18 15:08:36 UTC - zbaile1074 - permalink
I will because I work for what I want instead of stomping around in the streets demanding free shit
Comment removed from /Economics on 06/26/18 15:16:23 UTC - SheLostGetOverIt - permalink
Oh, I'm sure
Comment removed from /Economics on 06/26/18 15:19:31 UTC - ontopic - permalink
Republicans also had a historical role in helping black Americans succeed. Things change.
Comment removed from /Economics on 06/26/18 15:33:00 UTC - gaviidae - permalink
Is this really news?
Comment removed from /Economics on 06/26/18 15:35:41 UTC - bizaromo - permalink
So does communism.
Comment removed from /Economics on 06/26/18 15:40:49 UTC - RedACE7500 - permalink
Not that there's anything wrong with that, right?
Comment removed from /Economics on 06/26/18 15:52:03 UTC - driven2it - permalink
There's a lot very much wrong with that.
Comment removed from /Economics on 06/26/18 15:54:07 UTC - RedACE7500 - permalink
/NoShitSherlock
Comment removed from /Economics on 06/26/18 15:56:27 UTC - Naithen92 - permalink
Fuck you andthis sub
Comment removed from /Economics on 06/26/18 16:08:46 UTC - Moosebjj94 - permalink
An entire generation or two has grown up without strong unions as a factor. I'd say for many, it's at least educational.
Comment removed from /Economics on 06/26/18 16:15:39 UTC - driven2it - permalink
And yet they refused to offer me tenure and fund my research to demonstrate that water makes things wet.
Comment removed from /Economics on 06/26/18 16:16:36 UTC - hoyfkd - permalink
Pie size matters.
Comment removed from /Economics on 06/26/18 16:20:47 UTC - ChornWork2 - permalink
WHOA WHAT A FINDING!
Comment removed from /Economics on 06/26/18 16:22:57 UTC - ComradeNikolay - permalink
Oh man, I could've been a Princeton economist? I've wasted my life not pursuing prestigious titles!
Comment removed from /Economics on 06/26/18 16:50:43 UTC - kristopolous - permalink
DAE read this as helpful unicorns?
Comment removed from /Economics on 06/26/18 16:57:16 UTC - hippophobe - permalink
Yes, because no one knows that when you raise wages you cut into the marginal profit of the establishment and in turn cutting into the employers income, all while raising the incomes of the employers.
Comment removed from /Economics on 06/26/18 17:12:07 UTC - noobtubedude - permalink
Water, meet wet.
Comment removed from /Economics on 06/26/18 17:27:42 UTC - Show-me-on-Da-Bears - permalink
I am OK with less value being returned to shareholders. They've really made out like bandits.
Comment removed from /Economics on 06/26/18 17:54:10 UTC - bizaromo - permalink
/nottheonion
Comment removed from /Economics on 06/26/18 17:55:23 UTC - cuzimscottish - permalink
Mildshock.jpg
Comment removed from /Economics on 06/26/18 18:02:11 UTC - Bravefan21 - permalink
Fire is also hot -Next Princeton Study
Comment removed from /Economics on 06/26/18 18:28:37 UTC - That1guywtface - permalink
In other news, Princeton researchers determine water is wet.
Comment removed from /Economics on 06/26/18 18:30:28 UTC - cfrey - permalink
No shit motherfucker.
Comment removed from /Economics on 06/26/18 18:33:00 UTC - dukemergen - permalink
No shit
Comment removed from /Economics on 06/26/18 18:36:29 UTC - ninijon1 - permalink
It worked fine on Star Trek
Comment removed from /Economics on 06/26/18 18:47:33 UTC - dannycheeko - permalink
Duh
Comment removed from /Economics on 06/26/18 18:47:48 UTC - felixbotticelli - permalink
Thats not anything you listed, thats a personal opinion.
Comment removed from /Economics on 06/26/18 18:51:10 UTC - grindmonkey - permalink
I thought the title was being flippant and sarcastic.
Comment removed from /Economics on 06/26/18 18:54:24 UTC - kmonk - permalink
I fail to understand this idea that cooperations are these huge evil money mongering organizations that have absolute control, and that those with in it are evil and steal from their workers. The only part to this idea that I agree with is that they are out maximize their profits. Which happens to be what basically everyone is trying to do too.
Comment removed from /Economics on 06/26/18 18:57:56 UTC - noobtubedude - permalink
/noshitsherlock
Comment removed from /Economics on 06/26/18 19:02:26 UTC - chaquarius - permalink
I read that as unicorns.
Comment removed from /Economics on 06/26/18 19:08:20 UTC - myyouthismyown - permalink
In other Princeton news, the science department has announced a finding that fire tends to be hot and that water can make things wet
Comment removed from /Economics on 06/26/18 19:31:57 UTC - metastaticx - permalink
And what is their next study? Is water wet?
Comment removed from /Economics on 06/26/18 20:40:27 UTC - xncrn99 - permalink
And an historical role in building the Pinto.
Comment removed from /Economics on 06/26/18 20:40:56 UTC - ryanindayton - permalink
This is not a joke. It is deadly serious. Which part of the rule did this violate?
Comment removed from /Economics on 06/26/18 21:32:47 UTC - RedACE7500 - permalink
submitted by throwittomebro to reconomics_mod_audit [link] [comments]

New Atlantis

Reposted with permission from Alexander Strugatsky:
I am addressing this request to all Objectivists and adherents to Ayn Rand’s philosophy. No doubt it is clear to all (of the above) that socialism has taken over the entire industrial world, including the “hearts and minds” of the majority of its inhabitants. Sure, some vestiges of capitalism still exist -someone has to produce the food and the goods we use –but under socialist government controls. I don’t need to present the obvious here, except for reiterating a major point – things are getting worse and, in the foreseeable future will not get better. The end result, of course, will be a collapse, but that is not much of a consolation if we, and our families, have to live through the collapse, possible civil wars and, we can hope, a re-birth. In Atlas Shrugged, Ayn Rand found an Atlantis, hidden somewhere in Colorado. Unfortunately, Colorado is not available anymore. But what if we can build an Atlantis?
This is really not that farfetched. There are several studies, funded by billionaires of Ayn Rand leaning, such as the founder of PayPal Peter Thiel (http://seasteading.org/ ) investigating the possibility of floating city states. I do not know the details of those projects, but they appear to seek the Atlantis – based on laissez-faire capitalism and free from existing governments. So far as I know, these have all been paper studies of fairly small structures that are not completely self-sufficient or independent. But what if a large, self-sufficient city state can be built? Based on Objectivist principles, it will attract the best minds; based on laissez-faire capitalism they will be productive; and not being under the control of socialist governments, they will thrive. Is such a city state possible? Technologically, I think that it is possible. Perhaps even with today’s technology. With tomorrow’s – it is inevitable. Is it feasible economically? Today – that depends on how much one values their freedom and unrestricted pursuit of happiness. Tomorrow, as more and more of our labors are being taken away – the answer should be obvious.
My proposal is to begin this process ourselves. We are a community of thousands of professionals. We have the skills and the knowledge to accomplish at least the first phase – a design of such a city state. Physical and cultural/socio/political design. The New Atlantis will have to be large enough to support itself, including power generation and food production, and be powerful enough to defend itself and its freedom. To make this possible, we can create a database of designs, in an almost game-like manner, where professionals in various fields submit their designs in the area of their expertise. These designs would be peer reviewed and awarded merit tokens based on the complexity and value of their designs, similar to the Bitcoin system. The complexity of the design will be enormous – the physical design itself will have to address everything needed for complete life-support system, from power to water to air, and a myriad other all important details, such as quality of life and those things that make life pleasant. The constitution will need to be developed (perhaps based on the 1789 version, but so amended as to prevent its degeneration) and the laws written as well.
For those who would like to participate in the project, I can offer the following: You will participate in a thrilling intellectual exchange with your peers and create the most advanced designs possible. Your designs will become an intellectual property of the organization that we will create and each designer will become a part owner of this intellectual property (through the Bitcoin or similar system). The total design may eventually be worth billions, and you’ll own a share of it. Finally, by working on this project, you can have real hope for the future.
I have thought of some details, yet much more needs to be formulated. But to start with, I want to know the reaction of as many Objectivists as I can reach. Please reply with your thoughts and suggestions, good or bad.
Thanks,
Alexander Strugatsky
submitted by ParahSailin to Objectivism [link] [comments]

Elliott Wave analyst's thoughts on Bitcoin

(NB: typos mine; crappy OCR software. If anyone wants to see the Eliott Wave he's discussing and I'll make it available.)
Bitcoin Bubble or Bitcoin Breakthrough? How about both?
by Elliott Prechter
December 20, 2013 in the Elliott Wave Theorist
EWT discussed Bitcoin for the first time in August 2010, when the currency traded at six cents. As far as we know, EWI was the first financial publisher to discuss it. Bitcoin was unknown to the general public and off private investors’ radar. Even the earliest adopters did not take it as seriously as they should have. The most notable example of this is the man who paid 10,000 BTC for a pizza. This pizza purchase is now famous (https://bitcointalk.org/index.php?topic=l37.0), and many continue to track its price in USD terms via the “Bitcoin Pizza Index," which recently hit an all-time high of over S12 million.
Fast forward to today, and the currency is regularly featured in financial news and social media. Bitcoin Magazine has become popular, Congress is holding hearings on the currency, Germany has defined its role in finance, China is ruling on its legality, and the business world is adopting it. The most prominent business to embrace Bitcoin is Virgin Galactic, one of the many creations of billionaire Richard Branson (http://www.cnbc.com/id/101220710).
EWT readers were prepared for all this. When Bitcoin was still in the shadows, the August 2012 issue said,
Presuming bitcoin succeeds as the world’s best currency-and I believe it will-it should rise many more multiples in value over the years. -EWT, August 2012
The big question on the minds of investors is not what Bitcoin has achieved, but should they buy Bitcoins now? It’s amusing that so many people ignored Bitcoin upon hearing about it in 20 1 0, but now that its price has gone up 20,000 times, they want to invest. Notwithstanding the currency’s potential, this shift in attitude is a signal saying now is not the time to buy. Let’s look at four areas of evidence:
1) Optimism is off the charts. Past issues of The Elliott Wave Financial Forecast discussed people selling their homes and borrowing money to invest in Bitcoins. That was near the peak of wave Now the desire to buy has grown even more extreme. Bloggers are calling for Bitcoin to reach S1 million. . .soon. One young investor borrowed a million dollars from his father and without his knowledge invested it in Bitcoin (https://bitcointalk.org/index.php?topic=359228.0). The other day I walked into a convenience store wearing a Bitcoin T-shirt, and the owner asked me if he should invest now. I felt like I was living in 1929.
2) Investors have recently been rushing to buy a rash of 95 (at last count; see https://bitcointalk. org/index.php?topic=l34179.0) new clones of Bitcoin that have recently emerged: Litecoin, Namecoin, Zerocoin, BBQCoin, PPcoin, PrimeCoin, NovaCoin, FeatherCoin, TerraCoin, Devcoin, Megacoin, Mincoin, DigitalCoin, Anoncoin, Worldcoin, Freicoin, IxCoin... and more. (That they are clones is obvious from the lack of imagination in naming.) This rush of clones is reminiscent of the South Sea bubble of 1720 and the dot-com mania of 1999, when shares of zero-profit, copycat companies (and even fake ones) sold like hotcakes. Virtually every week now, the Bitcoin code is forked into a new coin that investors bid up. lt’s as if buyers feel the world will run out of cryptocurrency, which in fact is infinitely and freely duplicable.
3) The Elliott wave pattern from Bitcoin’s inception shows five waves up. The December ll Short Term Update noted that a major top was potentially in place: The peak [in Bitcoin] came 10 days after U.S. officials, ranging from an assistant attorney general with the Department of Justice to Fed Chairman Ben Bernanke, “spoke approvingly of the potential of virtual currencies." So, here again, the government is getting on board at the very tail end ofa long rise. Since we posted that comment, Bitcoin has fallen an additional 40%, bringing it down nearly 60% from its all-time high.
Will this prove to be just another brief, sharp correction or something larger? Take a look at the completed impulse pattern shown in Figure 3. The structure begins very near the inception of the currency three-plus years ago, when it was selling for a penny. Notice that wave @ is a triangle (see text, p.49), which typically comes in the fourth-wave position. Wave a thrust, carried to the all-time high of S 1242 on November 29. The reversal from that point should mark the start of the largest bear market to date in the currency. This forecast is in tune with the anticipated bear market in the broader stock averages, which have strongly correlated with Bitcoin’s pattern.
The chart is in log scale to show the returns one would have achieved in each impulse leg of the pattern. Wave Q) achieved a stunning 3 19ox gain. Wave ® achieved 59.3% (a Fibonacci 3/5) of the gain of wave Q). Wave ® (measured from the low of wave @) achieved 39.3% (a Fibonacci 2/5) of the gain of wave (D and 66.3% (a Fibonacci 2/3) of the gain of wave Therefore, while each upward move has been large, each successive wave has been decelerating in log terms relative to past waves, in each case by a Fibonacci multiple. Also notice that Bitcoin trades more like a commodity than a stock, with its blow-off tops and extended fifih waves. Most of the gain since early 20 12 has been within (5) of ® and the final wave all of which is probable retracement territory.
4) Most people involved in this mania seem oblivious to Bitcoin’s fundamentals. In my experience, raising these issues publicly earns scorn for spreading “FUD.” But there is a good reason-now widely ignored-that Bitcoin is beta software. Our August 2010 piece explained how Bitcoin operates, but it’s worth revisiting some details to understand just how out-of-touch investor expectations are with the reality of Bitcoin technology. Specifically, let's examine the limitations of Bitcoin’s blockchain.
The blockchain is the heart of Bitcoin. In its simplest form, the blockchain is a public ledger of all transactions that happen in the Bitcoin network. Each block is composed of individual records that track the ownership of each coin. The transactions “fit” together cryptographically. A block is created about once every 10 minutes by the network. Each block is then cryptographically linked to the previous blocks in the chain, forming a history of all transactions that-to Bitcoin’s credit-cannot be forged. To the extent that Bitcoin currency is real, it could be said that the blockchain is the Bitcoin currency.
Yet the core problem with the blockchain is that it grows over time and must be shared by every fiill Bitcoin node. Today it is nearing 13 GB in size. Now, 13 GB doesn't sound too large, but at the current rates of exponential growth the blockchain is projected to become over a terabyte in size in just three years. What's more, the amount of accompanying data required to handle just a fraction of Visa-level traffic would overwhelm even the fastest Internet connections. This technical hurdle makes the “Bitcoin is going to a million” commentary seem premature.
The hope for Bitcoin’s future lies in its open-source nature, allowing it to be improved, and Moore’s Law. Moore’s Law is colloquially used to signify the exponential increases in computer-hardware efficiency over time, including network capacity. But Moore’s law-which calls for a doubling of computer speed every two years-has hit a snag in recent years: the rate of improvement in performance has dramatically slowed, causing many experts to call for the end of the operation of Moore’s law. (For the record, Moore’s Law was never intended to refer to computer hardware performance, but the media have confused the term to the point where it is now generally used in this context. Originally, it was intended to refer to the increase in the number of transistors that are packed into microchips.)
The past four years have been an exciting ride for Bitcoin. But the evidence says the Bitcoin bull market is done for now. It would be best to put Bitcoin out of your mind for the duration of the deflationary wave that is curling toward the financial world. Due to the psychology surrounding Bitcoin, as well as its correlation with the stock indices, it is too risky to buy now. Due to its open-source nature, however, Bitcoin’s infrastructure should continue to improve over the years.
For the long run, I agree with Roger Ver, the CEO of memory dealers and one of Bitcoin’s earliest adopters, who recently said, “It is just getting started." But one could have said that about the U.S. stock market in 1966. It would have been visionary only if you were patient and willing to hold through a very deep valley. Our position is that Bitcoin will never again sell for 6 cents, as it did when EWT first wrote it up. But there will be another time to buy it for relative peanuts alongside stocks, real-estate, gold and silver. When the time comes, no one will be interested.
Elliott Prechter's primary task at EWI is working on EWA VES, our in-house artificial intelligence softwarefor analyzing Elliott waves.
submitted by Indy_Pendant to Bitcoin [link] [comments]

Ads for 2017-03-03 (1 / 2)

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gaming Screenshot When your Playstation 4 doesn't want you to play horizon zero dawn Playstation
pics Was checking out Los Angeles Sunset boulevard in Google earth street view and seen this place across from The Comedy Store. Used to be The House Of Blues and was purposely built to look run-down like that. It only closed down two years ago and now seems like it's been abandonned for decades. Google
worldnews Young woman, 23, selling old clothes on eBay shocked when bidder asked to buy her DIRTY KNICKERS eBay
worldnews Trump defends under-fire Attorney General Jeff Sessions - BBC News BBC
worldnews Sir Bruce Forsyth spends five nights in intensive care - BBC News BBC
news More than 100 diners flee Spanish restaurant without paying - BBC News BBC
Futurology Virgin Galactic spins off dedicated satellite launch company - "put satellites into space using a rocket deployed from under the wings of a Boeing 747-400." Boeing
personalfinance Two weeks after transferring funds from my ADP Aline card to my personal debit card, the funds have still not shown up. I'm confused and don't know what to do, and ADP is being no help whatsoever ADP
mildlyinteresting This Subway Platform Has Speed Dating to Keep You Busy While You Wait Subway
news China congress: BBC team forced to sign confession BBC
pics Was checking out Los Angeles Sunset boulevard in Google earth street view and saw this place across from The Comedy Store. Used to be The House Of Blues and was purposely built to look run-down like that. It only closed two years ago and now seems like it's been abandonned for decades. Google
worldnews There is no economic case for breaking up the United Kingdom, says PM May United
AskReddit What is the minimum amount a non-profit not for profit organization in the United States must donate? United
space Virgin Galactic spins off dedicated satellite launch company - "put satellites into space using a rocket deployed from under the wings of a Boeing 747-400." Boeing
todayilearned TIL PwC Canada created a card game called "Game of Threats" to teach executives about cyber security. PwC
aww My 11 year old schnauzeniederlaufhund Tyson taking a nap like he usually does Tyson
AskReddit The #3 paid app in the Apple App Store right now is a faxing app, which begs the question: which industries are still using fax machines? Apple
gaming AMD Ryzen 7: Intel is staggering under Ryzens blow, but its not out of the running yet, or so the critics say Intel
listentothis The Delta Riggs - June Gloom Alternative Rock / Indie Rock 2016 Delta
news Lost "Bullitt" Ford Mustang allegedly found in Mexico Ford
mildlyinteresting Saw this clock at Target last night. Target
worldnews Taxi app Uber loses UK court battle which could cost it London drivers Uber
Futurology Uber applying for California self-driving permit - BBC News BBC
worldnews China congress: BBC team forced to sign confession BBC
AskReddit Sandwich artists/gurus of reddit, what are some amazing Subway builds? Subway
funny This is just a "SuperHot" Youtube Gamer ! So funny! Youtube
worldnews UK government 'minded' to refer Fox's Sky deal to regulator Sky
space Materials Finish Line Looms for Google Lunar XPrize Finalists Google
space Finish Line Looms for Google Lunar XPrize Finalists Google
explainlikeimfive ELI5: Why are we unable to do a dna test on foods like KFC & McDonalds to find out what's really in them? KFC
AskReddit Deposit hold. Why on earth would Chase bank place a 4 day deposit hold on a cashiers check that was issued by chase and deposited in a chase account? Chase
videos Guy drives Ferrari on race track at 25 mph Ferrari
AskReddit Why doesn't FLO from Progressive age? Progressive
worldnews Lizard found in McDonald's food, woman lodges complaint McDonald's
EarthPorn Heavy snow for 30 minutes turned everything white. Pilsbury, England, United Kingdom By Andrew Mowbray. 2048 x 1237 United
listentothis ecco -- Beneath The Open Sky post rock / instrumental 2014 Sky
news Dishwasher becomes part-owner of top restaurant Noma - BBC News BBC
gaming Switch Launch Calgary AB Walmart Sage Hill Walmart
gaming Benefits of living in a small town. Found both at Walmart this morning before work. Walmart
Futurology South Africa's giant Aeroswift 3D printer could be used by Airbus & Boeing for titanium aircraft parts Boeing
Futurology South Africa's giant Aeroswift 3D printer could be used by Airbus & Boeing for titanium aircraft parts Airbus
funny When McDonald's Is So Big That They Own Fu*#ing Temples! McDonald's
news Priority health code violations at Publix go unreported Publix
news Murdoch's Fox seeks EU okay for $14.4 billion Sky takeover bid Sky
gaming Microsoft kicks the doors open to self-publishing on Xbox One Xbox
pics Only in Florida. Blue hair mistakes break for gas pedal, drives on top of Corvette in Walmart parking lot Walmart
pics The Bluest Sky I've Seen Sky
AskReddit Been on hold with United Airlines for over 45 mins now, while this is happening, how long was the longest you've ever been on hold for? United
movies Classic Takedowns of Classic Films: Film critics Otis Ferguson and Stanley Kauffmann were noted for their innovative approaches to the form—and their contrarian opinions. Otis
pics Fall day in the Great Northwoods of Wisconsin with my '57 Jeep Willy Jeep
worldnews The BP oil spill led scientists to discover 60 new animal species living in the Gulf of Mexico BP
AskReddit Can someone tell me what media mongul or other power person/company Uber pissed off to get so much bad publicity lately? Uber
food Homemade Apple Pie Tacos OC Apple
AskReddit What are some cool places to look at on Google Maps? Google
news Parents battle doctors to keep baby on life support - BBC News BBC
pics Often forgotten gem of the United States, the US Virgin Islands. United
personalfinance Blackrock Target Date Fund vs other current Vanguard 401k options? Target
gaming Seriously GG Walmart Worker. Some lady was trying to buy them all up to sell online for some quick cash. Walmart
nottheonion Local 5-year-old McDonald's cheeseburger doesn't look a day over 1 McDonald's
personalfinance Opened accounts at Santander against my better judgment. Is my experience typical? Santander
gadgets Don't expect the Google Pixel 2 to get any cheaper Google
personalfinance Someone accidentally filled my email address for their Discover card. Now I get all their bank statements. Discover
videos What A Wonderful World - Planet Earth - BBC One FULL HD 2:00 BBC
gaming Oh, so that's why No Man's Sky failed Sky
news Battered Toshiba to exit plans to build nuclear plants in India, UK Toshiba
OldSchoolCool Alexander Graham Bell circa 1914. Happy birthday AGB! Bell
space Neil DeGrasse Tyson - Welcome to the Universe: An Astrophysical Tour Tyson
Jokes Bilbo was surprised to wake one morning, and find that a Tesco had been built right next to his house Tesco
videos Neil deGrasse Tyson on How Monster's Inc Got the 4th Dimension Right Tyson
gaming My new Apple Watch face... RE7 Apple
explainlikeimfive ELI5: how can companies selling t-shirts on Facebook with poorly Photoshopped shots of celebrities "wearing" them get away with it? Isn't this false endorsement? Facebook
gifs Rogers Center and Gardiner seen from CN Tower, Toronto Canada CN
gaming No Man's Sky creator describes issues with launch, crashes, money Sky
Jokes I left my adderall in my Ford fiesta Ford
Documentaries Sir John Betjeman - A Passion for Churches 1974 " BBC television documentary written and presented by the then Poet Laureate Sir John Betjeman" BBC
food homemade Apple Rose Pie Apple
videos A beautiful message to Mexico from Taleb D. Rifai, Secretary-General of the United Nations' World Tourism Organization United
movies Lost "Bullitt" Ford Mustang allegedly found in Mexico Ford
funny I guess I should update my Apple IPhone Android phone then Apple
videos I made in Lego the Vader vs Kenobi, the escape from the Death Star and the TIE Fighter attack scenes. Lego
mildlyinteresting My fire sauce from Taco Bell didn't have a message in it Bell
mildlyinteresting My egg this morning looks like the Continental U.S. Continental
todayilearned TIL the aircraft carrier Gerald Ford can operate for 20 years before refuelling Ford
todayilearned TIL that during Cold War, the United States Army and Air Force wanted to construct a military outpost on the Moon with the possibility of conducting lunar-based nuclear tests. However, these proposals were dropped as the space program got transferred from military to the civilian agency NASA United
explainlikeimfive ELI5: Isn't the United States living standard grossly inflated, and the national debt is proof of this? United
food I Ate IKEA Meatballs! IKEA
Showerthoughts Today Nissan tested self drive cars in London, so soon we can all get back to playing Pokémon go whilst driving. Nissan
nottheonion Milwaukee Man Receives Cease and Desist Letter from Senator Johnson's office Johnson's
UpliftingNews In 2005, Coca-Cola set out to return all of the water used in its products back to nature and communities by the year 2020. It met this goal five years early in 2015. Coca-Cola
worldnews 'First chemical attack' in Mosul battle injures twelve - BBC News BBC
videos Hey guys, here's a YouTube repost of the refurbished Google Pixel packaging video. Sorry for originally using streamable, didn't think it'd blow up this big and that the player would be that bad for some people. And no, Google hasn't publicly addressed these reports/contacted me yet, surprisingly. Google
sports Reason #147 why ESPN sucks ESPN
AskReddit What one thing would you search on Google 100 years in the future? Google
gaming No Man's Sky creator describes issues with launch, crashes, money Sky
AskReddit Which is best McDonald's or Pizza Hut? McDonald's
movies Hey everyone, if we can get at least 0.058% of this subreddit to support the LEGO Geonosis Arena Set on Lego Ideas, it will be reviewed by LEGO and might be turned into a set! Lego
WritingPrompts IP Sky Galleons of Mars Sky
todayilearned TIL Airbus brand not only makes commercial airplanes but also started in the military market in the 1990s Airbus
AskReddit Any one received Google Assistant other than US or UK and if yes then how? Google
food homemade Apple turnovers Apple
AskReddit Immigrants to the United States: what type of challenges did you face? What do you like best\least about this country? Why did you choose to immigrate? How did you feel about moving? United
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Bikini Crypto: Bitcoin investing explained with beautiful young Julia and Richard Heart

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