Yeah, a Canadian living in Costa Rica is "pushing a GOP agenda". See how closed minded you are? You want reactionary, look in a mirror. The only reason I care about the US and the US dollar is because when it goes down, it's going to take a fair chunk of the world with it. I couldn't give a shit about your political parties and your petty little political fights because the serious issues simply haven't been dealt with. The US has a limited range of answers when faced with a problem: Solution 1) Throw more money at it and Solution 2) Bomb it; it has been this way for many, many years. Nah but candidate X's opinion of "gays in the military" or "right to life" is far more fucking important than the trillions of dollars you are burying yourselves under.
Oh and it was 2 mod points, because before getting modded up, I was modded down.
Yes and it's quite interesting to observe that once again human greed provided fuel for a bubble. As the perceived value of bitcoin increased, greed also increased - until a single trigger event, the "theft" of $500,000 worth (I wonder what today's value is) of bitcoin popped the bubble. Of course it's funny to watch the bitcoin "exchanges" today saying they will do things like reverse the transactions leading up to the crash, etc. This changes nothing. Confidence has been destroyed, bitcoin is not a "safe" storehouse of value, and anyone with any sense will immediately sell their bitcoins as soon as they can to try to avoid losing everything.
Greedy individuals will prop up the market for a while, until all the non-greedy people are out (at a loss). Then when there are no more buyers, the market will finally collapse again. I guess what is poetic is that the ones who will lose most are the greediest. Fool, money, soon parted.
I'm sure the commission-earning bitcoin exchanges will have made a tidy sum, though. They will be the first targets in the coming lawsuits, however.
There are several alternative currencies currently being used in the US. Look it up - google is your friend.
There's no problem printing money. The problem is getting people to see enough value in the money that you printed to accept it as a medium of exchange for goods and services. Now if you lie to people or somehow trick them into thinking that it has value (like saying, for example, that Collateralized Debt Obligations are "AAA" grade, cash equivalent investments when in fact you don't even have the signatures of the people whose fractional mortgages they represent on file somewhere) then it's a scam.
But going up to someone and saying "Hey, I printed up these cute pieces of plastic let's use them as currency" is not a scam. Otherwise cheques and credit cards would cease to exist overnight. What actually is the "value" of a big number on a piece of plastic in your wallet? The only good thing about it is that it's backed by a name like VISA or MASTERCARD or AMEX, and there's a perception of value. The merchant knows he's going to be paid. You have a feeling of security, and a monthly statement you can review. And that's it - a new currency is born.
I think anyone who has invested any substantial amount of money in bitcoin as an "investment" has already been on the receiving end of an "epic mount".
I guess you bought a lot of Bitcoin huh? I was reading the other day about how they were simply going to roll back the trades and pretend the crash never happened. Welcome to real world markets. Just the fact that it DID crash means that anyone who was seriously betting on the future of Bitcoin and has half a brain is now going to be pulling their money out as soon as possible. Those who are rabidly set on the greed concept (and by no means the minority) of making their millions through Bitcoin will be staying in, and are perhaps even buying Bitcoin right now taking advantage of this "opportunity", keeping the price afloat for a while.
But at some point you will run out of buyers. This means you will have no one to sell your Bitcoin to. The price will stagnate again, sellers will exceed buyers, and the price will crash again. Crashes come in waves. At that point Bitcoin will be well and truly dead.
This is not a property of Bitcoin, it's a property of MARKETS. Bitcoin's only purported value was safety. It's hard to get. It's even harder to sell. It has been proven unsafe. The game is over - you just don't know it yet. Now wait until the lawyers get involved - and they will if real money has been lost.
Well let's see. Median IQ is usually cited as being 100. Median means that 50% of the population have an IQ value above 100, and 50% of the population have an IQ value below 100. In your double hump scenario, presumably the known median value of 100 lies somewhere between the two humps. So the hump on the left would assume a cluster of people with an IQ somewhere say in the 80-90 range, with a fall off in frequency before and after those values. And the hump on the right would assume a cluster of people with an IQ above the median, somewhere say in the 110-120 range, with the corresponding fall offs in frequency.
Honestly I just can't see it. Remember that either the two humps have to be roughly the same height - because you HAVE to fit 50% of the population on either side of the median value (100), or there would be FAR too many people in the 120+ IQ range than what has been observed through IQ testing of large populations. The only scenario that works, apart from the bell curve, is having the two humps very, very close together. This doesn't make much logical sense, however. Why would there be an IQ "blind spot" right around the median value?
This is untrue, if you actually examine the world people, on average are VERY CLEVER.
No, on average, people are around average intelligence. This is what gives the bell curve its characteristic shape. If you define smart to be "above average", ie somewhere to the right of the 50% line, then BY DEFINITION most people are stupid.
If you happen to be bless/cursed with an intelligence that puts you on the far right of the curve, life is extremely frustrating because almost everyone is a moron.
I will leave you to re-interpret your post. Or, more likely, not.
Except the moved it away from Aruba, ignored the WTO, and now want to legalize it INSIDE the US. I mean why let those dirty foreigners have access to gambling money. Better that dirty Americans have it.
Yeah, I am "partisan". Dude I am not even a US citizen, I don't live in the US, but am forced to watch "americentric" news. This is what you get. Honestly I think that Americans only have room in their heads for two political parties and both of them suck. But then again, we get the governments we deserve. How's that for "partisan"? Pelosi is a dumbass, regardless of party.
Britain has been pussy-whipped ever since Sterling stopped being the world's reserve currency (to be replaced by the US dollar) and their empire went south. They really have no choice but suck up to the guys in charge of the game at the moment. It's quite amazing that a country that once dominated the planet is now much worse off than a country that never really had an empire and has been destroyed several times (Germany).
The funny thing is that technology seems to speed things up - the US dollar is about to implode soon and then the guess is who will that leave in charge. How's your Mandarin?
Slashdot Mirror
Yeah, a Canadian living in Costa Rica is "pushing a GOP agenda". See how closed minded you are? You want reactionary, look in a mirror. The only reason I care about the US and the US dollar is because when it goes down, it's going to take a fair chunk of the world with it. I couldn't give a shit about your political parties and your petty little political fights because the serious issues simply haven't been dealt with. The US has a limited range of answers when faced with a problem: Solution 1) Throw more money at it and Solution 2) Bomb it; it has been this way for many, many years. Nah but candidate X's opinion of "gays in the military" or "right to life" is far more fucking important than the trillions of dollars you are burying yourselves under.
Oh and it was 2 mod points, because before getting modded up, I was modded down.
Yes and it's quite interesting to observe that once again human greed provided fuel for a bubble. As the perceived value of bitcoin increased, greed also increased - until a single trigger event, the "theft" of $500,000 worth (I wonder what today's value is) of bitcoin popped the bubble. Of course it's funny to watch the bitcoin "exchanges" today saying they will do things like reverse the transactions leading up to the crash, etc. This changes nothing. Confidence has been destroyed, bitcoin is not a "safe" storehouse of value, and anyone with any sense will immediately sell their bitcoins as soon as they can to try to avoid losing everything.
Greedy individuals will prop up the market for a while, until all the non-greedy people are out (at a loss). Then when there are no more buyers, the market will finally collapse again. I guess what is poetic is that the ones who will lose most are the greediest. Fool, money, soon parted.
I'm sure the commission-earning bitcoin exchanges will have made a tidy sum, though. They will be the first targets in the coming lawsuits, however.
There are several alternative currencies currently being used in the US. Look it up - google is your friend.
There's no problem printing money. The problem is getting people to see enough value in the money that you printed to accept it as a medium of exchange for goods and services. Now if you lie to people or somehow trick them into thinking that it has value (like saying, for example, that Collateralized Debt Obligations are "AAA" grade, cash equivalent investments when in fact you don't even have the signatures of the people whose fractional mortgages they represent on file somewhere) then it's a scam.
But going up to someone and saying "Hey, I printed up these cute pieces of plastic let's use them as currency" is not a scam. Otherwise cheques and credit cards would cease to exist overnight. What actually is the "value" of a big number on a piece of plastic in your wallet? The only good thing about it is that it's backed by a name like VISA or MASTERCARD or AMEX, and there's a perception of value. The merchant knows he's going to be paid. You have a feeling of security, and a monthly statement you can review. And that's it - a new currency is born.
I think anyone who has invested any substantial amount of money in bitcoin as an "investment" has already been on the receiving end of an "epic mount".
The US dollar will soon have roughly the same value and credibility of Bitcoin if the US keeps spending the way it is.
Chill the fuck out or go die in a fire.
I guess you bought a lot of Bitcoin huh? I was reading the other day about how they were simply going to roll back the trades and pretend the crash never happened. Welcome to real world markets. Just the fact that it DID crash means that anyone who was seriously betting on the future of Bitcoin and has half a brain is now going to be pulling their money out as soon as possible. Those who are rabidly set on the greed concept (and by no means the minority) of making their millions through Bitcoin will be staying in, and are perhaps even buying Bitcoin right now taking advantage of this "opportunity", keeping the price afloat for a while.
But at some point you will run out of buyers. This means you will have no one to sell your Bitcoin to. The price will stagnate again, sellers will exceed buyers, and the price will crash again. Crashes come in waves. At that point Bitcoin will be well and truly dead.
This is not a property of Bitcoin, it's a property of MARKETS. Bitcoin's only purported value was safety. It's hard to get. It's even harder to sell. It has been proven unsafe. The game is over - you just don't know it yet. Now wait until the lawyers get involved - and they will if real money has been lost.
or perhaps it was already in the pipeline... you may now return to your favorite conspiracy theory.
in b4 BSD
lol u mad? Actually your original post should have been modded troll, not flamebait. Feel better?
Nah there's an easier test.
Geeks have severe acne. Nerds don't.
Should just ban children. Problem solved.
Yes, and so is the dirt on your front lawn. The dirt is probably worth more, though.
Well let's see. Median IQ is usually cited as being 100. Median means that 50% of the population have an IQ value above 100, and 50% of the population have an IQ value below 100. In your double hump scenario, presumably the known median value of 100 lies somewhere between the two humps. So the hump on the left would assume a cluster of people with an IQ somewhere say in the 80-90 range, with a fall off in frequency before and after those values. And the hump on the right would assume a cluster of people with an IQ above the median, somewhere say in the 110-120 range, with the corresponding fall offs in frequency.
Honestly I just can't see it. Remember that either the two humps have to be roughly the same height - because you HAVE to fit 50% of the population on either side of the median value (100), or there would be FAR too many people in the 120+ IQ range than what has been observed through IQ testing of large populations. The only scenario that works, apart from the bell curve, is having the two humps very, very close together. This doesn't make much logical sense, however. Why would there be an IQ "blind spot" right around the median value?
This is untrue, if you actually examine the world people, on average are VERY CLEVER.
No, on average, people are around average intelligence. This is what gives the bell curve its characteristic shape. If you define smart to be "above average", ie somewhere to the right of the 50% line, then BY DEFINITION most people are stupid.
If you happen to be bless/cursed with an intelligence that puts you on the far right of the curve, life is extremely frustrating because almost everyone is a moron.
I will leave you to re-interpret your post. Or, more likely, not.
Nerd card revoked, get the fuck out of here.
Broken window fallacy, etc.
Except the moved it away from Aruba, ignored the WTO, and now want to legalize it INSIDE the US. I mean why let those dirty foreigners have access to gambling money. Better that dirty Americans have it.
Yeah, I am "partisan". Dude I am not even a US citizen, I don't live in the US, but am forced to watch "americentric" news. This is what you get. Honestly I think that Americans only have room in their heads for two political parties and both of them suck. But then again, we get the governments we deserve. How's that for "partisan"? Pelosi is a dumbass, regardless of party.
We just have to wait for Nancy Pelosi to come and say it will be cheaper to clean up the damage than to fund the satellites.
All your questions and more can be answered by reading the damned article.
Someone please tell me this is a sick dream!
No, it's the end of an empire. Keep watching the games, the barbarians are very nearly at the gates.
Yes it's obvious from your post that said tax money should have been allocated to education. Ahh priorities in the land of the free.
And this is different from other super-powers in what way? Oh agreed that China is no saint. But they never claimed to be, unlike the US.
Britain has been pussy-whipped ever since Sterling stopped being the world's reserve currency (to be replaced by the US dollar) and their empire went south. They really have no choice but suck up to the guys in charge of the game at the moment. It's quite amazing that a country that once dominated the planet is now much worse off than a country that never really had an empire and has been destroyed several times (Germany).
The funny thing is that technology seems to speed things up - the US dollar is about to implode soon and then the guess is who will that leave in charge. How's your Mandarin?
the Berne convention is an international treaty
Signed in the 19th century when copyright infringement was a civil matter, not a criminal one.