notdrunkatall

12 ms·

61.
by notdrunkatall 13y ago
>This is another example of caging the eyes to a nation when the network effects are global. Nicely said.
62.
by notdrunkatall 13y ago
The underlying problem here is that the consumer doesn't care what the cost of their drugs are; all they do is sign on the dotted line when the doctor recommends something. Insurees are essentially paying a monthly cost for an effectiv
63.
by notdrunkatall 13y ago
We began valuing gold because it's shiny, doesn't degrade over time, and it's rare. We still value gold because we always have.
64.
by notdrunkatall 13y ago
Wow, $70 for that phone? I've been using an old Nokia E71 with a straight talk plan for a couple of years now because I didn't want to spend a few hundred on a phone. Looks like it might be time for an upgrade. How's the b
65.
by notdrunkatall 13y ago
You worry too much. Google can afford to blow some cash on a long-term strategy. They'll be fine. Company X will either sink or swim. If they sink, Company Y will take their place once Google's long-term plan reaches maturity a
66.
by notdrunkatall 13y ago
There's a term for the idea that Damon hit upon. http://en.wikipedia.org/wiki/Overton_window
67.
by notdrunkatall 13y ago
Discounted Cash Flow, a fairly common type of asset analysis. Also used by Warren Buffett.
68.
by notdrunkatall 13y ago
I've been actively investing for about seven years now. I pick my own stocks, and my time frame is generally six months to two years. I consistently win using a simple strategy that is essentially a mix of Peter Lynch's 'bu
69.
by notdrunkatall 13y ago
Thread OP here. Any time someone says that, I immediately know to disregard everything else they say about investing.
70.
by notdrunkatall 13y ago
All I can say for certain is that you're in for a hell of a ride. Good luck.
71.
by notdrunkatall 13y ago
What gives Bitcoin its value right now is speculators, and what speculators are betting on is widespread adoption. If that never materializes because some other currency has taken its place, bitcoin's value will decline. And it is onl
72.
by notdrunkatall 13y ago
Denmark and all other industrialized nations on this planet are capitalist. They may have some socialist leanings such as providing myriad welfare services, but their governments allow private entities to own property and to control the me
73.
by notdrunkatall 13y ago
NK isn't actually socialist just as azure isn't actually blue and the USA isn't actually capitalist. There are no "actually socialist" nations because socialism "doesn't work" in reality. In reality,
74.
by notdrunkatall 13y ago
You're pretty easily baffled.
75.
by notdrunkatall 13y ago
I've been watching bitcoin since $30, bought at $80, and sold last night. I think that Stefan Molyneux (or however you spell it) is right on when he says that bitcoin is "a revolutionary protocol for information synchronization.&
76.
by notdrunkatall 13y ago
It baffles me that some people still support socialism.
77.
by notdrunkatall 13y ago
Semantics.
78.
by notdrunkatall 13y ago
If I had to pick one reason for that, I'd say it was because Hawaii is an island. Island cultures are notoriously laid back and friendly around the world.
79.
by notdrunkatall 13y ago
Sure you can. You may not be entirely correct, but there is nothing wrong with stating an opinion based on personal experience.
80.
by notdrunkatall 13y ago
Yes, I've noticed that debates with those who advocate socialism over capitalism tend to devolve into arguments over semantics. It seems that so very few of you can argue in favor of your favorite alternative to capitalism well enough
81.
by notdrunkatall 13y ago
I suggest you look up the definition of "capitalist" and "communist." All successful nations today are, by definition, "capitalist," as in the government respects the right of the people to own property. Yes,
82.
by notdrunkatall 13y ago
I should have said successful communist nations. China isn't communist; it's been capitalist since Deng Xiaopeng opened it up to foreign direct investment in the early 80's. Vietnam is socialist in name only, and is follo
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by notdrunkatall 13y ago
There are no communist nations today because communism failed, utterly and often spectacularly, usually because some asshole came to power who was more interested in furthering his own agenda and increasing the power of himself and his frie
84.
by notdrunkatall 13y ago
Ugh, motherjones, that perpetual bastion of leftist bullshit! Why is this tripe being upvoted here on HN? You might as well have posted something directly from Rush Limbaugh's blog (or website, or whatever he has). It's crap.
85.
by notdrunkatall 13y ago
A few months ago, I decided to buy some bitcoin. I did a little research, ended up on coinbase, and linked my bank account and my phone number, and a few days later, I owned a few bitcoin. It was a pretty straightforward process, and as f
86.
by notdrunkatall 13y ago
I love saying this: Do you think that cryptocurrencies spring fully-formed from the forehead of Zeus?
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by notdrunkatall 13y ago
>Have you tried paying your taxes in Bitcoin? Not yet.
88.
by notdrunkatall 13y ago
So profound a concept, yet so simple, and often at the root of so much fallacious thinking. Thanks for taking the time to educate our economically challenged friends.
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by notdrunkatall 13y ago
Fuck Time Magazine.
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by notdrunkatall 13y ago
>all economic analyses seem to conclude that it is ridiculous. Economics is obviously useful, but it is by no means a mature "science."

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