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11-27-2018 , 06:20 AM
Quote:
Originally Posted by Penetrator
That's the exact same problem as with communism: It didn't worked because of people being people, otherwise great projects.


Not really comparable. Communism (and fiat currency) is enforced at gunpoint. Bitcoin is completely voluntary. Fiat will fail for the same reason communism failed, but when and what will replace it is simply not known. Best to keep at least a few avenues open in case it happens sooner rather than later. Just realize that this what you are doing - not investing.
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11-28-2018 , 02:34 AM
Quote:
Originally Posted by Penetrator
That's the exact same problem as with communism: It didn't worked because of people being people, otherwise great projects.
Communism didn't worked because of fascist leaders and because the CIA backs right-wing rebels in order to undermine communist governments wherever it can.
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11-28-2018 , 02:36 AM
Quote:
Originally Posted by gregorio
Communism didn't worked because of fascist leaders and because the CIA backs right-wing rebels in order to undermine communist governments wherever it can.


Communism doesn't work because without price signals the market can't coordinate to produce and allocate resources. Please learn some basic economics.
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11-28-2018 , 02:38 AM
Lol, resources are allocsted so well under capitalism
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11-28-2018 , 05:16 AM
Quote:
Originally Posted by gregorio
Lol, resources are allocsted so well under capitalism
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11-28-2018 , 05:18 AM
Quote:
Originally Posted by gregorio
Lol, resources are allocsted so well under capitalism


Yeah I mean you're only richer than any medieval king or emperor could have ever dreamed of thanks to the enormous productive capacity created by capitalism. :eyeroll:
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11-28-2018 , 05:27 AM
Quote:
Communism didn't worked because of fascist leaders and because the CIA backs right-wing rebels in order to undermine communist governments wherever it can.
Wow, this is ignorance of the highest order. I was born in a communist country. here is a story: when we were in preschool with my sister we were walking back home and seen a significant line in the grocery store - they delivered sugar and oranges which was a rare occurrence. We run quickly home to tell parents and get money, run back but the line was already too long and we didn't manage to buy any.

Empty stores, only people with party connections being able to get nice things, clump down on any kind of private enterprise were facts. It wasn't CIA agents who were doing it. Feeling of the bureaucratic machine living on its own in the absurd world detached from people and reality sparked the whole genre of film (both drama and comedy) here. People still remember the feeling of helplessness and absurdity of the past system.

If it wasn't for help from CIA it would take much longer for us to get out of it. The feeling of Western betrayal after WWII is still strong here - we landed on the wrong side of the Iron Curtain and to this day we suffer the consequences of communism being implemented. I am very grateful CIA helped to topple the regime. It wouldn't be possible without people wanting to rebel on their own but it could have taken much longer.

It's so easy to re-write the history if you weren't actually living in it. No idea what kind of propaganda you are paroting but people actually living here are nothing but grateful for all the help we could get.

Quote:
Lol, resources are allocsted so well under capitalism
Capitalism works better than communism because it's in human nature to be motivated if your situation can be improved by your work. If your work is taken way from you and then redistributed to everyone the incentive dies. It doesn't take a rocket scientist to understand that. It's the major reason countries with relatively free enterprise and enforced private property do better than ****holes with those features undermined or non-existent.
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11-28-2018 , 05:30 AM
Since this thread isn't communist, can we have a dictator step in and end this nonsense?
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11-29-2018 , 08:49 AM
Communism never existed besides in the primitive communities prior to the neolithic revolution. Russia has never been communist. It was a state capitalism where the means of productions were owned and ruled by the state. Money wasn't abolished nor was the state, therefore, communism in its true dialectic form, never existed there. Though, some marginal primitive communities do still exist nowadays like the guayakis indians or some african and south-east asian tribes. Communism in its modern acceptance is nothing but an inversion of its true fundamental and original form.
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11-29-2018 , 09:23 AM
Quote:
Originally Posted by bombonca
People lost money listening to Doug, the youtube bitcoin ethusiast financial adviser who has clear personal agenda behind advising certain investments. Its their fault for investing. Doug had zero ethics and can not/will not grasp the fact that he is not a professional financial advisor to advise people where to invest. This has no meaning to him, he has his youtube channel to grow.
People lost money listening to Poker strategy. End this discussion already. Grow up.
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12-03-2018 , 05:41 PM
Did anyone catch the billion times DP mentioned he wasn't a financial advisor and wasn't providing financial advice? Just curious.

I'm down tons on crypto but would never hold anyone but myself responsible for my investments. 20 year play folks, 20 year play!
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12-03-2018 , 05:53 PM
Iirc, Doug was mostly a go long hodler.

If he had said “dump it all right now” a year ago at the peak, with no reason to back up such a claim, he would have gotten seriously roasted for being unfit for prime time.

It is a lose-lose situation for Doug, wrt the crypto-entertainment space.

Even if Crypto fails in the long long, there will be more ups and downs along the way to recover some losses.
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12-03-2018 , 06:21 PM
Quote:
Originally Posted by mooknam
I'm down tons on crypto but would never hold anyone but myself responsible for my investments. 20 year play folks, 20 year play!
Bitcoin wont be around in 20 years, and neither with cryptocurrency, at least in the hopelessly non-transactional scalable form it exists in today. Even the blockchain VC boom is dissipating. A lot of people got taken.

https://www.theregister.co.uk/2018/1..._success_rate/
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12-03-2018 , 06:50 PM
Quote:
Originally Posted by mooknam
Did anyone catch the billion times DP mentioned he wasn't a financial advisor and wasn't providing financial advice? Just curious.

I'm down tons on crypto but would never hold anyone but myself responsible for my investments. 20 year play folks, 20 year play!
Lol ok gl
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12-03-2018 , 11:26 PM
I sold my bitcoin for a upswing course so I can make back all the money I lost in crypto playing poker.
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12-03-2018 , 11:48 PM
I made money with crypto, thanks doug polk
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12-04-2018 , 12:54 PM
Thought this was the best place to pimp Trevor's newest vlog. If it shouldn't go here, let me know and I'll delete it.

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12-04-2018 , 01:24 PM
Quote:
Originally Posted by punter11235
Wow, this is ignorance of the highest order. I was born in a communist country. here is a story: when we were in preschool with my sister we were walking back home and seen a significant line in the grocery store - they delivered sugar and oranges which was a rare occurrence. We run quickly home to tell parents and get money, run back but the line was already too long and we didn't manage to buy any.

Empty stores, only people with party connections being able to get nice things, clump down on any kind of private enterprise were facts. It wasn't CIA agents who were doing it. Feeling of the bureaucratic machine living on its own in the absurd world detached from people and reality sparked the whole genre of film (both drama and comedy) here. People still remember the feeling of helplessness and absurdity of the past system.

If it wasn't for help from CIA it would take much longer for us to get out of it. The feeling of Western betrayal after WWII is still strong here - we landed on the wrong side of the Iron Curtain and to this day we suffer the consequences of communism being implemented. I am very grateful CIA helped to topple the regime. It wouldn't be possible without people wanting to rebel on their own but it could have taken much longer.

It's so easy to re-write the history if you weren't actually living in it. No idea what kind of propaganda you are paroting but people actually living here are nothing but grateful for all the help we could get.



Capitalism works better than communism because it's in human nature to be motivated if your situation can be improved by your work. If your work is taken way from you and then redistributed to everyone the incentive dies. It doesn't take a rocket scientist to understand that. It's the major reason countries with relatively free enterprise and enforced private property do better than ****holes with those features undermined or non-existent.
It's pretty sad a ignorant person calling others ignorant while providing the biggest b s story I've ever read.
East Germany, you are referring to I guess, was living under massive and heavy sanction driven by the USA.
To clarify that for you underdeveloped ape, it means industrial goods are not allowed to enter or leave the country.
Not your economic system gave your country problems it was your oppressors.
East Germany decided to give in to the oppressors (USA) instead of letting the population die of hunger. They where giving up the entire country to the USA as many wished.

Since then you started with getting 20 cent on a dollar worth of your old currency,
Extreme Poverty, joblessness etc.., until that day eastern Germany didn't recover, 30 years later....

.imbeciles and ignorant garbage people like your parents who where to lazy and dumb to help drive the economie. They are probably the ones injecting the party dictatorship bs you frased here, wich was an obvious and totally made up lie driven by cia propaganda.

I wouldn't be surprised if you tell me that your family isn't employed, lives of welfare and actually doing the same ever since 1989.

Keep praising the biggest threat to humanity, the terrorist organisation called CIA who doesn't give a **** about human lives.
You have failed all your life seeing thru the propaganda and lies , crimes and horrible acts of violence they commit on a daily basis before breakfast.

You my friend are pure ignorance of the highest order and an embarrassment to Germany and humanity.
Doug Polk's Youtube Videos Thread Quote
12-04-2018 , 01:34 PM
Quote:
Originally Posted by punter11235
Wow, this is ignorance of the highest order. I was born in a communist country. here is a story: when we were in preschool with my sister we were walking back home and seen a significant line in the grocery store - they delivered sugar and oranges which was a rare occurrence. We run quickly home to tell parents and get money, run back but the line was already too long and we didn't manage to buy any.

Empty stores, only people with party connections being able to get nice things, clump down on any kind of private enterprise were facts. It wasn't CIA agents who were doing it. Feeling of the bureaucratic machine living on its own in the absurd world detached from people and reality sparked the whole genre of film (both drama and comedy) here. People still remember the feeling of helplessness and absurdity of the past system.

If it wasn't for help from CIA it would take much longer for us to get out of it. The feeling of Western betrayal after WWII is still strong here - we landed on the wrong side of the Iron Curtain and to this day we suffer the consequences of communism being implemented. I am very grateful CIA helped to topple the regime. It wouldn't be possible without people wanting to rebel on their own but it could have taken much longer.

It's so easy to re-write the history if you weren't actually living in it. No idea what kind of propaganda you are paroting but people actually living here are nothing but grateful for all the help we could get.



Capitalism works better than communism because it's in human nature to be motivated if your situation can be improved by your work. If your work is taken way from you and then redistributed to everyone the incentive dies. It doesn't take a rocket scientist to understand that. It's the major reason countries with relatively free enterprise and enforced private property do better than ****holes with those features undermined or non-existent.
It's pretty sad a ignorant person calling others ignorant while providing the biggest b s story I've ever read.
East Germany, you are referring to I guess, was living under massive and heavy sanction driven by the USA.
To clarify that for you underdeveloped ape, it means industrial goods are not allowed to enter or leave the country.
Not your economic system gave your country problems it was your oppressors.
East Germany decided to give in to the oppressors (USA) instead of letting the population die of hunger. They where giving up the entire country to the USA as many wished.

Since then you started with getting 20 cent on a dollar worth of your old currency,
Extreme Poverty, joblessness etc.., until that day eastern Germany didn't recover, 30 years later....

.imbeciles and ignorant garbage people like your parents who where to lazy and dumb to help drive the economie. They are probably the ones injecting the party dictatorship bs you frased here, wich was an obvious and totally made up lie driven by cia propaganda.

I wouldn't be surprised if you tell me that your family isn't employed, lives of welfare and actually doing the same ever since 1989.

Keep praising the biggest threat to humanity, the terrorist organisation called CIA who doesn't give a **** about human lives.
You have failed all your life seeing thru the propaganda and lies , crimes and horrible acts of violence they commit on a daily basis before breakfast.

You my friend are pure ignorance of the highest order and an embarrassment to Germany and humanity.
Doug Polk's Youtube Videos Thread Quote
12-04-2018 , 01:56 PM
Countries led by people like Stalin, Mao, Putin, Xi, Kim etc are not examples of communism but of brutal tyrannical murderous dictatorships. If you want to argue that capitalism is a better system then dictators for life, I will grant you that.
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12-04-2018 , 04:30 PM
Capitalism comes across pretty angry, most of the time I'd rather use lowercase.
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12-04-2018 , 04:35 PM
Quote:
Originally Posted by mooknam
Did anyone catch the billion times DP mentioned he wasn't a financial advisor and wasn't providing financial advice? Just curious.

I'm down tons on crypto but would never hold anyone but myself responsible for my investments. 20 year play folks, 20 year play!
All crypto podcasters and bloggers use that disclaimer. Including the bitconnect promoters.
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12-04-2018 , 04:46 PM
Quote:
Originally Posted by naturafalla
All crypto podcasters and bloggers use that disclaimer. Including the bitconnect promoters.
All people use language to communicate. Including dictators like Hitler and Stalin.
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12-04-2018 , 06:02 PM
Doug’s pursuit is building his name brand. Giving prescent advice or not isn’t the point. Even this silly thread is helping him.
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12-04-2018 , 06:25 PM
Quote:
Originally Posted by gregorio
Countries led by people like Stalin, Mao, Putin, Xi, Kim etc are not examples of communism but of brutal tyrannical murderous dictatorships. If you want to argue that capitalism is a better system then dictators for life, I will grant you that.


Funny how every time a communist revolution happens it quickly devolves into a murderous dictatorship. Almost like communism actually doesn't work and it takes a murderous dictator to force it on people.
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