If you look at currency markets, neither does the Dollar. But since all of the goods we use are measured in dollars, we do not see it. (Unless you buy from AliBaba a lot)
Only if you look at it in very short terms. Over long term it is actually quite stable other then occasional speculative peaks which are easy to avoid. You could see this one coming at Christmas. And today (If you were watching) was the bitcoin sale at $900.
And the second it dropped below $900, people started buying and pushed it to $975... Look up "Profit Taking" "Rebound" and "Correction" to see why this happens and how it happens in stocks and other investments all the time. Essentially, a lot of people had sell orders at $1100 that started a dip. A lot of day traders dumped when it dipped causing a big drop. But a lot had buy orders if it went below $900, and that floor caused the day traders to jump in and push it up further.
You realize that "the 1%" don't have Scrooge McDuck vaults dotting the landscape, right? They do not have "Money" they have assets. Stocks, bonds, businesses, land, gold, and now Bitcoin. The US Dollar is not considered an asset.
It is good for the economy when people spend their money as soon as it comes in. It is also wonderful for debt which both the US government and many of it's voters have a hell of a lot of.
Currencies, like other commodities, tend to be more stable when they are more widely traded. Bitcoin is exchanged sparsely, so a single big transaction can affect the price. As it is more widely adopted, it will be more stable.
Two days is a little short to start calling it a trend...
I know I might be being naive, but there is no way to solve the problem at the root, such as cutting the connection of devices that begin to generate disproportionately traffic aimed at a single site (the target)?
Each source is just a small part of the whole generating traffic the looks "normal" for the most part. So a bit harder to automatically filter. But... Logs and tracking back, and using the existing RIAA procedures to warn and then disconnect those sources would be a good start.
Only $340 to have a qualified technician disassemble a large electronic device, connect specialized repair equipment, and perform the repair, then reassemble the device again to meet original specifications, perform a functionality test, and recertify the device?
$30/hour for 10 hours (plus about 10% overhead) sounds pretty cheap, actually... or would you prefer that the cost of such repairs just already be worked into the cost of the initial product, which was sold several years ago and was perfectly suitable for its purpose during that time?
How much does it cost to wipe and reinstall Windows? And that is a low bar to set...
Amen to that. Is hooking up a cheap media box via HDMI so difficult to do these days?
To a lot of people, unfortunately yes. You go to your elder relative or cousin and rattle off that sentence above, they throw up their hands and exclaim "Hey! Whoa! I ain't one of those computer geniuses!!"
It is literally rocket surgery to them...:(
And you answer, "It is just a computer like on your desk, but smaller so you can stick it behind the TV." Then watch the lightbulb come on.
Slashdot Mirror
Better not use Dollars then. https://en.wikipedia.org/wiki/...
But you can anonymise that history easy enough with some work and time.
If you look at currency markets, neither does the Dollar. But since all of the goods we use are measured in dollars, we do not see it. (Unless you buy from AliBaba a lot)
It's too unstable. I'm not going to accept bitcoins for goods I sell when their value could be half by the end of the day.
Name one time it has done this for more then one day. (There is only one in the entire history, and it took a few years to get all the value back)
Only if you look at it in very short terms. Over long term it is actually quite stable other then occasional speculative peaks which are easy to avoid. You could see this one coming at Christmas. And today (If you were watching) was the bitcoin sale at $900.
Almost like people have never seen speculative corrections before...
And the second it dropped below $900, people started buying and pushed it to $975... Look up "Profit Taking" "Rebound" and "Correction" to see why this happens and how it happens in stocks and other investments all the time. Essentially, a lot of people had sell orders at $1100 that started a dip. A lot of day traders dumped when it dipped causing a big drop. But a lot had buy orders if it went below $900, and that floor caused the day traders to jump in and push it up further.
But Bronze hard is ok...
So, $16 billion is not relevant? You must be a politician...
I have bought things with bitcoin, but never guns. All my guns have been paid for in cash. So I do not see the connection...
You realize that "the 1%" don't have Scrooge McDuck vaults dotting the landscape, right? They do not have "Money" they have assets. Stocks, bonds, businesses, land, gold, and now Bitcoin. The US Dollar is not considered an asset.
If you want your transaction to not take days to clear, you are paying a higher fee than Visa or Mastercard charge.
Deposited a check lately?
It is good for the economy when people spend their money as soon as it comes in. It is also wonderful for debt which both the US government and many of it's voters have a hell of a lot of.
Two days is a little short to start calling it a trend. Lok at it over 3 years and then look at other currencies, all against the dollar.
Dammit... Wrong thread... Sorry.
Currencies, like other commodities, tend to be more stable when they are more widely traded. Bitcoin is exchanged sparsely, so a single big transaction can affect the price. As it is more widely adopted, it will be more stable.
Two days is a little short to start calling it a trend...
How will they copy being the place where their parents are not?
That's some out of the box thinking right there.
I'd have thought they'd concentrate on fixing their own drivers they broke in anniversary but green? Good call!
Probably just a nod to the computing of yesteryear. ;)
so this won't be good for people who are green color blind
Only if it also had red letters... Green and black worked quite well for many years.
I know I might be being naive, but there is no way to solve the problem at the root, such as cutting the connection of devices that begin to generate disproportionately traffic aimed at a single site (the target)?
Each source is just a small part of the whole generating traffic the looks "normal" for the most part. So a bit harder to automatically filter. But... Logs and tracking back, and using the existing RIAA procedures to warn and then disconnect those sources would be a good start.
Only $340 to have a qualified technician disassemble a large electronic device, connect specialized repair equipment, and perform the repair, then reassemble the device again to meet original specifications, perform a functionality test, and recertify the device?
$30/hour for 10 hours (plus about 10% overhead) sounds pretty cheap, actually... or would you prefer that the cost of such repairs just already be worked into the cost of the initial product, which was sold several years ago and was perfectly suitable for its purpose during that time?
How much does it cost to wipe and reinstall Windows? And that is a low bar to set...
All I want is a dumb display!
Amen to that. Is hooking up a cheap media box via HDMI so difficult to do these days?
To a lot of people, unfortunately yes. You go to your elder relative or cousin and rattle off that sentence above, they throw up their hands and exclaim "Hey! Whoa! I ain't one of those computer geniuses!!"
It is literally rocket surgery to them... :(
And you answer, "It is just a computer like on your desk, but smaller so you can stick it behind the TV." Then watch the lightbulb come on.
And why would you ever want to let "Users" burn it down an reinstall from home? That is crazy talk!
they'll be wiping its memory and re flashing it entirely. hence send it to a service center.
And the $340 to do so is no big deal...
"The company told him to visit one of their service centers, where one of its employees could reset his TV."
funny, that seems like a legit offer of help.
At $340... When new 4k 55 inch TVs are $400. Sounds more like a hell of a business plan!