^He just doesn't understand Australian economics of sound money. Probably didn't even read Kayak.

Looks like the only winning move is not to play

Like they say, hope in one hand and spit in the other...

Exactly. Something is fishy here...

One thing TA kids got right - IRL events are as relevant to bitcoin as plotlines are to 80s pornos.

@DaRude, never let it be said that the True Believers don't double down.

Sometimes I get frustrated arguing with people, let's say about something stupid, like "do cats always land feet first." I'll go through all sorts of nuanced dweebishness, start breaking down the cat's mass into subgroiups that rotate in different planes and waving my hands around like an idiot, trying to explain how it works.
And in the end it turns out that the guy doesn't know what a cat is.

I think many people here simply don't understand how your basic P&D works

Or the USD. There's always that.

Yeah, I don't see the $ as a natural.
If my country's economy was uncertain, I'd head straight over to an anonymous Bulgarian exchange and buy something solid, guaranteed by maths and quality computer code, like BTC or DAO.

So because brexit, serious investors with no current bitcoin exposure are going to sell their Berkshire Hathaway & buy bitcoins?

Why not? A better question is "why?" In uncertain times, why would you hedge with an asset that's, basically, the definition of volatility?
E.g. Yesterday CNBC: m/2016/06/23/bitcoin-plunges-nearly-25-percent-in-6-days-heres-3-reasons-why-brexit-china-yuan-halving.html]Bitcoin plunges nearly 25% in 6 days: Here's 3 reasons why.
This look like safe-haven-class investment to you?

Thanks fro removing the suspicious link to CNBC, bitcointalk. Let's try this again: http://www.c[Suspicious link removed]m/2016/06/23/bitcoin-plunges-nearly-25-percent-in-6-days-heres-3-reasons-why-brexit-china-yuan-halving.html

"Statistics"? Show me the data, and your money. Until then, it's just hand-waving, not statistics.

Allow me to return the favor by humbly suggesting that "statistics" means hard data, not speculative musings.


Dow Jones Industrial Average 17,516.08 Price decrease 494.99 (2.75%)

*infer. And no, you would not guess my number by rolling the dice twenty times, that's just nonsense.

Again: Speculation & "common sense" have nothing to do with "statistics." You may need common sense to interpret the data, but you got to get the data first. You don't derive statistics from a priori learningz & common snse, that's not statistics, that's a different thing,
If "common sense" was enough, there'd be no need for statistics. But there is, because common sense is very commonly nonsense.


Face-ripping 0.00G acceleration. Bitcoin user not affected

Why? It's only $20 away. Was actually expecting 700s yesterday.
Staying up there is a different thing.

If cars were specifically designed to kill people, as guns are, how long do you think it would take for them to get banned?

That said, cars are one of the most highly regulated consumer goods in US. One needs a license to operate a car, the car itself must have a valid vin & be registered, inspected yearly, and, in most places, insured. The car must comply with all sorts of DOT regulations (safety equipment, emissions, etc.), and draconian traffic laws (speed limits, can't drive drugged/drunk, can't run stop signs, etc.).

I love both cars and guns to bits, and don't mind ridiculous analogies, but let's be real here.
*The volume is rather disappointing. We have only so much time to capitalize on brexit, and that window is closing fast.

@yefi, The UK may have committed 'an act of economic self-harm with global ramifications'

No need to run away from home just to hurt your father

1. What do you hunt with a handgun? Or an AR, which is what's being discussed here? No one is trying to regulate shotguns or hunting rifles.
2. Farm-use vehicles are used to make food. Think shotgun, which I could buy in many states by walking into a store and showing my ID.
I can also buy an AR by simply walking into a store and showing my ID.

@yefi, well yeah, self-harm is like that, you can't bring back suicides. I guess that's a win in your book?

Ah, sorry, this is the context:
TL;DR: Unregistered, untraceable, and grossly overpriced AR lowers for neckbeards who can't even walk out into the fresh air & hang out in a gun show parking lot for, like, an hour, to save themselves a grand.

I can fly so high
Never ganna die
Born to be wild  Born to be wild

https://s31.postimg.org/rvtbvg92j/Capture.gifhttps://s31.postimg.org/kf597cyyj/Capture.gif

A lot o' people don't realize what's really going on. They view life as a bunch o' unconnected incidents 'n things. They don't realize that there's this, like, lattice o' coincidence that lays on top o' everything. Give you an example; show you what I mean: suppose you're thinkin' about a plate o' shrimp. Suddenly someone'll say, like, plate, or shrimp, or plate o' shrimp out of the blue, no explanation. No point in lookin' for one, either.
It's all part of a cosmic unconsciousness.

*Bitcoin (BTC)  $621.18 (-8.69%)

What is "false dichotomy"?  If your currency is failing, why would you pick the *second worst* currency?
Why not go with the USD, which is both simpler to obtain & hasn't dropped 8% today?

I corrected this user:


My post got deleted.


If not obvious, this is what leads to trolling: Red team posts a whopper, gets soundly rebuffed by Blue, and, instead of accepting defeat gracefully, Red deletes the 100% factually accurate retort. Blue team feels slighted, and resorts to equally underhanded measures

"And so begins the twelfth year of my idiotic war. The pain of it! The stupidity!"--Grendel

As usual: panic? Gold up, bitcoin user unaffected

*actually BTC is down, but I won't rub it in, because that would be mean.