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Pericolos0

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Everything posted by Pericolos0

  1. Pericolos0

    Beers

    sierra nevada is my favorite beer ever I think . Feels weird saying that about an american beer, being belgian
  2. whenever i wanna get work done i just listen to the 1982 bad brains album on repeat
  3. should just do a skype mapcore group
  4. awesome setting!!!!
  5. I;m gonna have to disagree with this.. Projectors are not more expensive than tv's at all.. especially big tv's. And the lamp will eventually burn out yeah.. but they are very long lasting on newer projectors and there's a move to LED lighting. Mine took 3 years to burn out, and replacing it was trivial.. but it cost about 100$. They picture quality though.. that's where it gets a little more involved and that's where projectors might not be for everyone. Your blacks are only going to be as dark as you can get your room, and how much you can eliminate light bouncing around. I personally prefer the slight faded look, but I've seen setups where the blacks got plasma quality dark . A friend of mine painted the walls next to his screen a dark grey which almost completely eliminated bouncing, creating very deep darks. But yeah, it takes a little more effort than just plopping down a tv, if you really want to get it to look right, so it's definitely not for everyone.
  6. I got a 1080p projector and I'm never going back to a tv =). I LOVE it. but there's drawbacks though, like you need to be sure your whole room can be made very dark. If you want to watch crappy reality tv and flip channels, get a tv. A projector you really only turn on when you actually want to watch something and get immersed in it - you kind off treat it differently than a tv. Another nice thing about a projector: when it's turned off.. it's gone. Theres no big black tv taking up space in your room.. the screen is just.. gone .
  7. compounding interest FTW You can "kick start" those monthly investments as well by just saving a lot while you are still young. The chart assumes you start out from zero savings. If you can build up a lot of savings over a few years, you can compound on lower monthly savings afterwards .
  8. day trading = gambling long term equity investing is pretty safe. put you money in mutual or index funds... which is exactly what you should do with a 401k =) I hope to buy a house once I actually start a family. I can't really think of a good reason to quit renting right now, especially in this industry. As an investment, buying a house is pretty bad. You'll maybe keep up with inflation, or you have to be lucky to buy a place in an up and coming area, and nobody knows about it yet. There's no way i'll ever buy a place in here California though.. 600000k+$ for a oriented strand board and stucco box with no back yard in developer built suburban blandness... I don't think so lol.
  9. I dont even know what to say to that.. of course currency is debt. That's. the. point. money is literally an IOU. That's what it's always been lol. Scaring people that don't understand currency by saying "money is debt" is a good way to sell gold though .
  10. No, that's exactly what I'm talking about. Banks "creating" 400$ out of 100$ through fractional reserve banking is what I'm talking about in my simplified example lol. This means you can also pay off 400$ worth of debt using just 100$ going through the right layers. Banks use your money to make money, that's the whole idea. That's what you sign up for when you keep your money at the bank lol. That's also why you should be investing your savings in various assets like bonds and equity rather than just having it sit at the bank for them to make money off it. stock growth is a good indicator because it reflects confidence in the economy. Maybe some stocks are speculative (like tech stock often is), but others can help give you a better idea. For example caterpillar has been growing in value over the last few years, which is a good indicator for industry and construction growth. Stock is just one indicator though, it's always good to look at other indicators and balance them out. Job numbers have been growing, construction is back up etc etc etc. Construction permits requests have been up which is a really good indicator of growth. I like this blog post, as it reflects my views about the economy and doomsdayers. Do the right thing and don't worry about what doomsdayers are saying: http://www.mrmoneymustache.com/2014/03/03/why-we-are-not-really-all-doomed/
  11. At frist glance that graph looks less scary than the other ones and might suggest that's just the way things were in the past and everything is going to be fine again. But let's cross it with more data and context: I looked up what the US GDP was in 1945 and it was a "mere" 2.22 trillion dollars. A lot of money at the time, but remember that the dollar was backed by gold back then so it was much harder to expand the money supply. At the end of that year, the total US debt was equal to 120% of the GDP, or roughly 2.66 trillions. Fast forward to 2012. The GDP at that year was roughly 15 trillion, so 104% or so of that equals 17 trillion. In between 2000 and 2014, the Debt to GDP ratio went up more than 40%! Now it's true that the debt to GDP ratio also skyrocketed during the 40s, but because the economy was much smaller back then high fluctuations like that were much easier to happen than nowadays I presume. Considering that we have a much larger volume of money circulating today, a 10% or so increase is several times more drastic than it was in 1945, since it requires a much larger volume of money to happen. That's where the second graph I posted comes into play: Notice the volume of money needed to increase that 40% in the graph you posted. This is the same reason why bitcoin will probably never see any other 1000% increase in value in the future (if it ever goes up again). It's one thing to increase 1000% in value when a unit is worth 1 cent, but it's a completely different thing to increase 1000% when its valued at 400 or whatever it is nowadays. Infinite growth isn't sustainable and the main reason why our economic paradigm is completely broken. Some more interesting facts: The US GDP in 2000 was 10.3 trillion and grew to 16.9 trillion in 2013 (sauce). At the same time, the total debt went from 5.6 trillion to 16.7 trillion. That's more than 10 trillion dollars of debt added in just 10 years, while the economy "only" grew 6 trillion dollars. Can we really expect the economy to grow 10 trillion in the next decade just to catch up with the debt acquired during the past decade? I'd love to believe so, but I haven't seen a single indication towards that possibility. That's the definition of "debt spending steals prosperity from the future" in my opinion. The guy in that video may be trying to sell you gold and might get some information wrong, but the general message is: the economy is FUBAR and the crazy money that can be made buying debt right now might be worth shit in a few years, while gold is very likely to still have some value in the future I think the concept of debt is very confusing for a lot of people, and it makes big numbers sound like the end of the world is near. The truth is you dont need 16 trillion dollar to fix 16 trillion dollar worth of debt. Imagine you, me, seldoon and sentura are a small country of 4 people. I owe you 2$, you own seldoon 2$, and seldoon owes me 2$. together we own 6$ of debt and the debt is not getting fixed because we are all broke. now, sentura buys an apple from me that i've grown for 2$. All of a sudden, i have 2$ to pay off my debt to you, which in turn gives you 2$ to pay off seldoon. Holy shit, our 6$ of debt just evaporated using only 2$!!!! The economy is a very complex web of lots of different entities owing each other debt in various ways. Adding up all the different debts is gonna amount to a scary large number, but that doesn't mean we're so deep in the hole we might as well just give up . The reality is, the economy is doing just fine, markets have grown back higher than they were pre-2008 recession. 2013 was a year of crazy growth and it doesnt seem to be slowing down yet. US bonds are basically considered risk free, so it's actually REALLY SAFE to buy government debt. Gold goes up and down all the time, your way better off putting your money in stock and bonds, and have it just grow with the market instead. Let your money work for you, the market, over long time periods, always grows.
  12. ps: fun fact, did you know you can buy that scary looking debt and make money off it? Crazy! But bitcoins are better investments right
  13. of course everyone has a bias but there's a huge difference between an economist with a keynesian bias and a guy who's using scary sounding words to sell you gold lol. and those graphs sure look scary, can you tell me what they mean? thank god there are less scary graphs to look at
  14. http://pragcap.com/debunking-the-biggest-scam-in-the-history-of-mankind I didn't take me long watching that video that it's made by someone with an obvious political agenda, and in the end is just a sales pitch for buying gold and silver from the guys company, or his self-help book or whatever. He brings up a lot of things that are very convincing, but in the end is using the facts to bring a very misleading message. They are obviously trying to sell a product, and are going to skew the information because of this. Not the kind of thing you want to get your information from, if you want to be an informed person and understand how the financial system actually works. TLDR: don't waste your time watching videos about the financial system that are made by guys trying to sell you gold lol
  15. All I noticed was his finger clipping into the gun
  16. According to sigma's definition, I am very elastic . I think games are way too expensive, especially new releases that often come with bugs, or were way overhyped. It's really rare that I buy something at release nowadays. Usually I wait until the reviews have settled, the price has dropped and the patches are out. I get to pay less for a product that's more polished, which in turn increases my enjoyment of it. Same goes for hardware, I'd rather buy last year's gadget. Does anyone here buy special edition versions of games? I get being an early adopter, but I don't get the people who pay 3x as much for a special edition of a game. You get the same product plus some cheap extras. I also don't understand preordering. It's not like the game will "run out" on release day. Why preorder? Don't wanna derail the thread but i think they're relevant questions to the discussion .
  17. reminder that mt.gox stands for magic the gathering online exchange lmfao
  18. d3 I know you like funny russia stuff, but this is probably taking it a bit far
  19. is there a way to play it without having to add it on facebook?
  20. looks really terrible. Probably will make a lot of money
  21. Don't fire people over their political opinions lol, that's not gonna help you in your quest to join europe. More pics of Yanukovych's compound: http://zyalt.livejournal.com/1007568.html hope someone is taking care of the animals
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