Sludgehammer @ Sludgehammer @lemmy.world

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2

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466

Joined

2 yr. ago

Okay, hypothetically let's imagine someone who is a Bitcoin trading god. Every peak he's there unloading his bags, every dip and he's buying hundreds of Bitcoins. This guy turns thousands into millions and millions into billions. Huge success story right?

But here's the rub, where is all this money coming from? The money isn't coming out of thin air, it's not coming from the crypto exchanges, otherwise they'd go bankrupt, it's not coming from the value of any goods or services produced. The answer is that all that money is coming from other people. Someone has to be buying at the peak thinking it'll go "To the moon" and getting burned, or maybe the need to pay off some hackers cryptolocker. The same for the dip maybe someone needs real money right now and must sell despite the loss, or maybe someone is panic selling thinking the price will go lower. Our hypothetical trading god hasn't really created any money or anything of value at all, they've just moved money from the losers in the Bitcoin to his own wallet.

This makes you the equivalent to one of the spokespeople from near the top of a pyramid scheme taking about how this is one of the legit pyramid schemes, because you've earned so much money! Ignoring of course that all of their money means that someone somewhere needed to lose that money first.

However, I suppose at the end of the day, you did take twenty four thousand dollars from crypto morons, so I suppose that's kinda noble in a way.

Wow, that's bad. I thought it would be more of a "confusing a sentence for a similar sounding one" type thing but from the above and the article it's just generating semi-believable text and sticking them into the transcriptions.

Haven't we known about this for years?

There's also a pack containing every ship they've sold which you can only see/purchase if you've spent one thousand dollars in their ship store. I'll spoiler the price so you can try and guess how much it is first: ::: spoiler spoiler $48,000, not counting the $1000 you have to spend to be able to see it. :::

Edit: I should include the source for that price since (as mentioned) you can't even see the pack until you've dropped $1k

At least it's not Star Citizen prices:

Sticking your economy in crazy seems like a bad idea China.

Well most of human management can't be held accountable (unless they step on the toes of someone above them) so honestly, what would be the difference?

I mean it's cheap easy protein. I'm not gonna judge.

But keep in mind there are a lot of invasive populations of mosquitoes and some of them are disease carrying species. Since they're invasive, by definition they're not vital to the natural ecosystem and those populations could be safely wiped out.

My best guess is that it was on some of the equipment and somehow got transferred in during the colonoscopy.

I dunno, he could have sacrificed his decency and integrity for power over the intervening eight years.

Yeah, I should have mentioned that.

Dang... and the free market was just about get around to replacing those pipes too.

If you go far enough back, "Data corruption"

I guess even the cheapest Brazilian beef they can find isn't producing the profits they want now.

I was thinking about that a while back. There's got to be some sort of upper limit to collecting data being useful. I mean at some point it becomes more economical to just buy the data from one other thousands of companies data mining phones rather then going to all the trouble of building and maintaining your own data mining app.

I'm holding off on buying this until I clear some stuff in my backlog (and hopefully getting the game at a deeper discount).

However from the videos I've watched my only criticism is that some of the games look rather complex and would benefit from supplying more information than a small blurb and a controls page. I wish UFO 50 had taken a page from Retro Game Challenge and had some in-universe game manuals and magazines. Still, since I'm planning on buying it at some point obviously not a deal breaker.

Ugh...

A "toxin" is a poisonous substance produced by a living organism. While all toxins are toxic to something, not all things that are toxic are toxins. As an example caffeine would meet the definition of a toxin (poisonous to insects and mammals in sufficient doses), arsenic would not (poisonous to almost all life, but not produced by a living organism).

Sorry for being so pedantic, but this is a pet peeve of mine.

Three charges related to a second woman were dismissed because she is now dead.

Yeah... I'd like to know more about that.