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Aaaand fires on the grapevine and along the 210 to add a couple cherries on top. My plan to take two trips to LA to avoid renting a Uhaul looks worse every day. I do appreciate this update of a classic though. Looking forward to the nuclear bomb version next year!
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Dec 7, 2017 10:28
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CharlestheHammer posted:Well he was like Andrew Jackson, in that he took the game up a notch. Ehh Jackson wasn’t that far out of the norm for the time. IMO Van Buren deserves way more hate than he gets.
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Dec 7, 2017 11:15
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Uterine Lineup posted:This time is different: eight centuries of financial folly This book rules. It wa required lf reading back in the day.
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Dec 7, 2017 11:47
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Uterine Lineup posted:This time is different: eight centuries of financial folly No. That's the book by the authors that had an excel error that lead the authors to think that debt had an impact on economic growth and caused them to get laughed out of economic circles after pushing pro-austerity policies and basically caused the entire Euro crisis. https://www.newyorker.com/news/john-cassidy/the-reinhart-and-rogoff-controversy-a-summing-up quote:Addressing a new paper by three lesser lights of their profession from the University of Massachusetts, Amherst, which uncovered data omissions, questionable methods of weighting, and elementary coding errors in Reinhart and Rogoff’s original work, and which went around the world like a viral video, the Harvard duo dismissed the entire brouhaha as “academic kerfuffle” that hadn’t vitiated their main points. Unless the point is that book is a huge scam and I'm getting wooshed here.
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Dec 7, 2017 14:28
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oh wait no I'm thinking of kicking away the ladder.
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Dec 7, 2017 14:47
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A lot of people in here are real bitter about investing in crypto... It made me good money and it is possible to do responsibly, but whatever, you do you.
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Dec 7, 2017 15:33
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The Big Jesus posted:A lot of people in here are real bitter about investing in crypto... It made me good money and it is possible to do responsibly, but whatever, you do you. Because it's not an investment. It's a dunning-Krugerrand that's only good for buying drugs or kiddie porn.
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Dec 7, 2017 15:38
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https://twitter.com/GraellsiaMoon/status/938512838259245058
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Dec 7, 2017 15:44
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The Big Jesus posted:A lot of people in here are real bitter about investing in crypto... It made me good money and it is possible to do responsibly, but whatever, you do you. How’d you get your money out? My cousin made 50k on a $100 investment in 2012 but he’s having a hell of a time getting money out. He’s gotten 2k out of a Canadian ATM so he’s already won but it feels like you’re investing in a poker site. Same exact feel about the uncertainty.
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Dec 7, 2017 15:47
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axeil posted:Because it's not an investment. It's a dunning-Krugerrand that's only good for buying drugs or kiddie porn. Pretty much this. Bitcoin isn't really good for much itself. It's like a really volatile stock. It's fine for investing I guess but there's too much risk in my opinion because it doesn't have any intrinsic value. It's cool that people made money on it but in my opinion it's just straight gambling. There are much safer ways to make money.
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Dec 7, 2017 15:48
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I can't speak to the academic/austerity stuff I just enjoyed the book when I read it. Kicking Away the Ladder is also really good but not really what you're looking for. Manias, Panics, and Crashes: A History of Financial Crises is supposed to be good too but I never got around to picking it up. The bad with money thread recommends Beyond the Grave revised edition: The Right Way and the Wrong Way of Leaving Money To Your Children but that's more about poor estate planning with real life examples.
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Dec 7, 2017 15:51
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Bitcoin made the classic mistake of not salvaging hundreds of tons of stolen WW2 Chinese gold in the hold of a experimental Nazi sub off the coast of the Philippines to back their fake currency in a data haven in a fictional sultanate.
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Dec 7, 2017 15:53
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Its Rinaldo posted:Bitcoin made the classic mistake of not salvaging hundreds of tons of stolen WW2 Chinese gold in the hold of a experimental Nazi sub off the coast of the Philippines to back their fake currency in a data haven in a fictional sultanate. Sick reference bro.. Your references are out of control man. edit: The gold in the sunken sub was just the initial investment. They actually used the intel from the sunken sub to find the main vault which was hidden on a Philippine island deep underground. That was the gold they used to back the cryptocurrency.
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Dec 7, 2017 15:53
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The Big Jesus posted:A lot of people in here are real bitter about investing in crypto... It made me good money and it is possible to do responsibly, but whatever, you do you. Have you liquidated your gains? There's a lot of paper millionaires rn like in the first dot com boom, but it means nothing if you can't spend or access your investment.
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Dec 7, 2017 15:58
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The wife and I signed papers on a new build home a little over a week ago and today is design center day! Time to pick out all the stuff we will grow to hate in a few years!
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Dec 7, 2017 15:58
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Neil Armbong posted:Have you liquidated your gains? There's a lot of paper millionaires rn like in the first dot com boom, but it means nothing if you can't spend or access your investment. Yeah I liquidated last month to pay the fees for my next semester of grad school
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Dec 7, 2017 16:07
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The Big Jesus posted:Yeah I liquidated last month to pay the fees for my next semester of grad school If you don’t want to share how in the forum want to just PM me? My question above still stands
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Dec 7, 2017 16:09
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weird Asian candy posted:The wife and I signed papers on a new build home a little over a week ago and today is design center day! Time to pick out all the stuff we will grow to hate in a few years! Heck yes friend congrats 
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Dec 7, 2017 16:12
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Amy Pole Her posted:How’d you get your money out? My cousin made 50k on a $100 investment in 2012 but he’s having a hell of a time getting money out. He’s gotten 2k out of a Canadian ATM so he’s already won but it feels like you’re investing in a poker site. Same exact feel about the uncertainty. I bought and sold through an exchange, coinbase. Not a huge amount, just in the mid four figures. I just used some extra money I had in my checking account, but made enough to where I didn't have to pull from my vanguard brokerage for another year.
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Dec 7, 2017 16:13
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Bitcoin is bad but you can have exposure to the volatility of it (the attractive part to these speculators) without ever leaving USD through mechanisms like GBTC. Liquidity is what goons focus on the most and it’s dumb when it being a Ponzi scheme is the much bigger problem
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Dec 7, 2017 16:18
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Time posted:Bitcoin is bad but you can have exposure to the volatility of it (the attractive part to these speculators) without ever leaving USD through mechanisms like GBTC. Liquidity is what goons focus on the most and it’s dumb when it being a Ponzi scheme is the much bigger problem Isn't liquidity, or lack thereof, ultimately what dooms a Ponzi scheme?
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Dec 7, 2017 16:21
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Neil Armbong posted:Isn't liquidity, or lack thereof, ultimately what dooms a Ponzi scheme? There are a couple different views on this. The one I subscribe to is that the underlying security being fraudulent is the issue, with liquidity problems being what determines who ends up holding the bag at the end. In this scenario liquidity is the trigger, not the bullet.
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Dec 7, 2017 16:24
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weird Asian candy posted:The wife and I signed papers on a new build home a little over a week ago and today is design center day! Time to pick out all the stuff we will grow to hate in a few years! GRANITE COUNTERTOPS
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Dec 7, 2017 16:28
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Neil Armbong posted:Have you liquidated your gains? There's a lot of paper millionaires rn like in the first dot com boom, but it means nothing if you can't spend or access your investment. I use it as a super high rate interest savings then just skim the profits when they hit a certain amount or if i want to buy something, E.g in the past week i bought myself a smart watch and a new PC monitor just off the profits and in the last 2 days the price inflation has caused me to get that amount back almost instantly, Amy Pole Her posted:If you don’t want to share how in the forum want to just PM me? My question above still stands You can cash out very slowly over the course of x time depending on what your withdrawl limit is. Thats what a lot of guys have been doing.
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Dec 7, 2017 16:40
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Holy gently caress, a cop is finally going to prison: https://twitter.com/ABC/status/938790299576557570
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Dec 7, 2017 16:42
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Ehud posted:GRANITE Don't listen to this fool. Quartz for life.
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Dec 7, 2017 16:43
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Kalli posted:Holy gently caress, a cop is finally going to prison: Will appeal down to a 1 game suspension and a fine.
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Dec 7, 2017 16:43
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I miss online poker
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Dec 7, 2017 16:46
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Eli Wiggum posted:I miss online poker Same. I played a ton back in 2006 and was decentish at it. Never made more than like $20 but it was a great way to kill time. Funny enough I went to a casino last year with my folks after Christmas and I played again for the first time in a while. Turned $200 into $450 in 3 hours. The old dudes at the table were really bad at playing poker.
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Dec 7, 2017 16:54
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axeil posted:Same. I played a ton back in 2006 and was decentish at it. Never made more than like $20 but it was a great way to kill time. My greatest online poker triumph was in 2010 on PokerStars. I bought into huge Friday night tournament at $10 and finished in 2nd place with $9K.
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Dec 7, 2017 17:00
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Eli Wiggum posted:Those old dudes were most likely fishing with their bad draws. Dang nice run! FSU had a big poker scene. I had a buddy who went on to get 5th in 2011 (iirc) WSOP ME
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Dec 7, 2017 17:04
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Kalli posted:Holy gently caress, a cop is finally going to prison: If anyone was going to actually face justice it would be Slager. Just so you all don't think this is a turning point. http://thehill.com/blogs/blog-briefing-room/363505-female-police-captain-suspended-after-saying-a-fellow-officer
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Dec 7, 2017 17:04
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Eli Wiggum posted:Those old dudes were most likely fishing with their bad draws. You would be correct. They would get very mad when they limped in, the flop came down and gave me two pair or something but with a potential draw on the table and I bet big enough to force them to fold or make a very stupid call. I got lucky and the few times they made their dumb calls their straight/flush draws didn't come and I would win with something like KK/99 versus a suited Q/trash. And then when I was the one who had the drawing hands I'd still bet to try and kick out anyone who was sitting there with a good pair. The play was so weak and timid, it was amazing. There was a sequence where I stole the blinds like 4 hands in a row with pretty marginal hands just because I realized everyone was folding to me no matter what I did.
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Dec 7, 2017 17:06
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Eli Wiggum posted:I miss online poker I got like 3rd place in one of the goon tournaments once and won like 150 bucks on a 5 dollar entry, which was huge for 21 year old No Butt Stuff
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Dec 7, 2017 17:06
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One summer I couldn't find a job because I came home from college later than everyone else so I cut a deal with my parents to let me just grind poker online all day because I had played a bunch at school and I was pretty profitable. I was 4 tabling $2/$4 LHE and doing $20 buyin NLHE SNGs for like 10 hours a day becauss I didn't want the massive variances of NLHE or the potential poor ROI of tournaments and it was miserable. I gained like 25 pounds.
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Dec 7, 2017 17:14
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Spoeank posted:One summer I couldn't find a job because I came home from college later than everyone else so I cut a deal with my parents to let me just grind poker online all day because I had played a bunch at school and I was pretty profitable. This same thing happened to me except I was paying Blizzard $15/mo and was a tauren druid
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Dec 7, 2017 17:17
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The "Pretty Good" about Poker and online Poker is really well done and you should all go watch it Link for the lazy https://www.youtube.com/watch?v=CTUZ2SrSxsA
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Dec 7, 2017 17:19
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Hell we had that one dude in PITR who started with $0 and at one point was making 50k a day
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Dec 7, 2017 17:20
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Amy Pole Her posted:Hell we had that one dude in PITR who started with $0 and at one point was making 50k a day
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Dec 7, 2017 17:24
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http://nymag.com/daily/intelligencer/2017/12/the-steele-dossier-on-trump-is-looking-more-and-more-real.html Piissssssss Taaaaaaaape
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Dec 7, 2017 17:27
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