# The Rise and Fall in Bitcoin Value **URL:** \ **Category:** Out Of Pod Experience\ **Created:** [January 18, 2022, 1:41pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290 "2022-01-18T13:41:44Z")\ **Posts on this page:** 20\ **Page:** 120
**Author:** ![Aedaxus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aedaxus/32/393915_2.png) [@Aedaxus](https://forums.eveonline.com/u/Aedaxus)\ **Post date:** [December 9, 2022, 2:00pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/2430 "2022-12-09T14:00:13Z")
> [@Aaron](#): > > so what Karak said there is not fact? Where I live, we do not elect bankers or farmers or any other profession besides politicians. Do you vote for any of those? Your statement, as usual, is irrelevant, kinda like where BTC is going. ---
**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\ **Post date:** [December 9, 2022, 2:00pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/2431 "2022-12-09T14:00:55Z")
> [@stefnia\_Freir](#): > > If it’s logic, it’s an opinion, not fact. It is fact that everyone being involved is closer to a democracy than a select few making the decision. A select few making the decisions is closer to a dictatorship. ---
**Author:** ![Aedaxus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aedaxus/32/393915_2.png) [@Aedaxus](https://forums.eveonline.com/u/Aedaxus)\ **Post date:** [December 9, 2022, 2:02pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/2432 "2022-12-09T14:02:47Z")
> [@Aaron](#): > > Everything is off topic here right, why bother typing? He said, 2000 posts later and still going. Not a scam? Doubtful. Desperate to hide the ugly truth of BTC. > [@Aaron](#): > > Just because you can type things that doesn’t automatically make it true. It’s probably best you just stop typing at least until you can research before typing nonsense. No, it’s more fun when you type about how we should elect all professions… You’d say anything, just like a scammer. ---
**Author:** ![stefnia\_Freir](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/stefnia_freir/32/390048_2.png) [@stefnia\_Freir](https://forums.eveonline.com/u/stefnia_Freir)\ **Post date:** [December 9, 2022, 2:03pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/2433 "2022-12-09T14:03:27Z")
> [@Aaron](#): > > It is fact that everyone being involved is closer to a democracy than a select few making the decision. A select few making the decisions is closer to a dictatorship. No it’s not. A democracy requires a lot of things. It does not mean that you can’t elect people to represent. So literally a select few making the decisions can be a democracy. So now you are saying, democracy is dictatorship. Again, you definitely lack logic. ---
**Author:** ![Aedaxus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aedaxus/32/393915_2.png) [@Aedaxus](https://forums.eveonline.com/u/Aedaxus)\ **Post date:** [December 9, 2022, 2:10pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/2434 "2022-12-09T14:10:59Z")
> [@Karak\_Terrel](#): > > The nodes are every person. Just a few select ‘fils a papa’ who don’t think society applies to them. why don’t they just pay their taxes? Do you know how complex the ‘offshore’ trust funds work? And now they have to identify the beneficiary? Oh my, the rage little boy Satoshi had, I can imagine why he made his crimecoin. > [@Karak\_Terrel](#): > > That is why we take the power away from the ECB and give it back to the people. I guess you have no clue about economy, that’s certain and proven now. The ECB carries out specific tasks in the areas of banking supervision, banknotes, statistics, macroprudential policy and financial stability as well as international and European cooperation. I guess you think “But BTC will solve all of that automatically”, sure pal, whatever floats your Satoshi Scheme. > [@Karak\_Terrel](#): > > The ECB is not elected by the people. The surveillance laws every country has to implement because of international pressure are not decided by elected representatives. Like I told your pal, no one elects bankers or butchers or any of that. Politicians are generally elected. Not sure how much you know about politics SUDDENLY (or when it’s convenient for you to lie about it). > [@Karak\_Terrel](#): > > Yeah, just don’t be in the political opposition and you will be fine. democracy is falling apart because of fiat and the power it gives a few people. I am. Uh oh! I am in big trouble, must put all my valueables in the hands of some random programmer? LOL. But I undrstand teh fearmongering you need to get people stuck in the Satoshi Scheme. ---
**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\ **Post date:** [December 9, 2022, 2:11pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/2435 "2022-12-09T14:11:03Z")
> [@stefnia\_Freir](#): > > So literally a select few making the decisions can be a democracy. Ok, well that is your opinion. I won’t bother asking you questions about your opinion in case my head gets bitten off. > [@stefnia\_Freir](#): > > No it’s not. Googled for your benefit; Democracy - a system of government by the whole population or all the eligible members of a state, typically through elected representatives. ---
**Author:** ![stefnia\_Freir](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/stefnia_freir/32/390048_2.png) [@stefnia\_Freir](https://forums.eveonline.com/u/stefnia_Freir)\ **Post date:** [December 9, 2022, 2:14pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/2436 "2022-12-09T14:14:39Z")
> [@Aaron](#): > > Ok, well that is your opinion. No, that’s fact. > a system of government by the whole population or all the eligible members of a state, **typically through elected representatives.** I can notice you are still confused with what facts and opinion are. ---
**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\ **Post date:** [December 9, 2022, 2:15pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/2437 "2022-12-09T14:15:13Z")
> [@stefnia\_Freir](#): > > I can notice you are still confused with what facts and opinion are. Just informing you what a democracy actually is, accept it or not. ---
**Author:** ![stefnia\_Freir](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/stefnia_freir/32/390048_2.png) [@stefnia\_Freir](https://forums.eveonline.com/u/stefnia_Freir)\ **Post date:** [December 9, 2022, 2:15pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/2438 "2022-12-09T14:15:46Z")
Just informing you that the proof you are wrong is in the exact definition you provided. ---
**Author:** ![Aedaxus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aedaxus/32/393915_2.png) [@Aedaxus](https://forums.eveonline.com/u/Aedaxus)\ **Post date:** [December 9, 2022, 2:16pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/2439 "2022-12-09T14:16:49Z")
Clean coal! He did not mean to deceive! I guess it’s the age of lying but with good will. [![](https://global.discourse-cdn.com/eveonline/original/4X/5/7/2/572ec42bc0b2bdeef2e1648298f4fc8555d74fe9.jpeg "The Green Dreamer Who Became Big Coal’s Fall Guy") ](https://www.youtube.com/watch?v=-90crltiWDE) ---
**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\ **Post date:** [December 9, 2022, 2:16pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/2440 "2022-12-09T14:16:50Z")
> [@stefnia\_Freir](#): > > eligible members of a state, **typically through elected representatives.** You forgot to read the end part which is bolded. This is why I posted; > [@Aaron](#): > > Consisting of the Bank’s President and Vice-President and the 4 other members, **the Board is appointed by the European Council by qualified majority voting**. ---
**Author:** ![stefnia\_Freir](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/stefnia_freir/32/390048_2.png) [@stefnia\_Freir](https://forums.eveonline.com/u/stefnia_Freir)\ **Post date:** [December 9, 2022, 2:18pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/2441 "2022-12-09T14:18:18Z")
You did. This part literally says that a sub part of the people, that correspond to “a select few” , can be the one making the decisions. This means that " a select few making the decisions" can be a democracy. ---
**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\ **Post date:** [December 9, 2022, 2:21pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/2442 "2022-12-09T14:21:00Z")
> [@stefnia\_Freir](#): > > This means that " a select few making the decisions" can be a democracy. If they are appointed by elected representatives, in this ECB case they are not. You’re missing the part where elected individuals need to do the appointing. Elected individuals are voted into positions because they have the same views as the people voting for them. All part of the democracy process. If this part is missing for any reason what so ever then it is quite difficult to call it a democracy right? Stop attempting to confuse the convo, talk straight. ---
**Author:** ![stefnia\_Freir](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/stefnia_freir/32/390048_2.png) [@stefnia\_Freir](https://forums.eveonline.com/u/stefnia_Freir)\ **Post date:** [December 9, 2022, 2:25pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/2443 "2022-12-09T14:25:44Z")
Does not change the fact, that you are wrong about what democracy is. This : > [@Aaron](#): > > A select few making the decisions is closer to a dictatorship. is wrong. Stop attempting to confuse the convo, talk straight. ---
**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\ **Post date:** [December 9, 2022, 2:27pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/2444 "2022-12-09T14:27:38Z")
> [@stefnia\_Freir](#): > > Stop attempting to confuse the convo, talk straight. Gogled further; “The word democracy comes from the Greek words “demos”, meaning people, and “kratos” meaning power; so democracy can be thought of as “power of the people”: **a way of governing which depends on the will of the people**.” So therefore; if non-elected people are in positions of power, or those people we’re not appointed by elected people then it’s hard to call it a democracy. ---
**Author:** ![stefnia\_Freir](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/stefnia_freir/32/390048_2.png) [@stefnia\_Freir](https://forums.eveonline.com/u/stefnia_Freir)\ **Post date:** [December 9, 2022, 2:29pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/2445 "2022-12-09T14:29:01Z")
Non sequitur. “depends on the will of the people” does not oppose to “a select few making the decisions” You are still wrong. ---
**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\ **Post date:** [December 9, 2022, 2:30pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/2446 "2022-12-09T14:30:04Z")
> [@stefnia\_Freir](#): > > You are still wrong. I’m fine being wrong along with the entire world, obviously everything you say is right. I’m also fine being wrong with scholars and dictionary definitions of words, if that makes you happy. Everyone is wrong except you. ---
**Author:** ![stefnia\_Freir](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/stefnia_freir/32/390048_2.png) [@stefnia\_Freir](https://forums.eveonline.com/u/stefnia_Freir)\ **Post date:** [December 9, 2022, 2:31pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/2447 "2022-12-09T14:31:17Z")
Always a blissful moment when someone claims to talk in the name of the entire world. Nothing says you are wrong like such an absurd ad populum. “depends on the will of the people” does not oppose to “a select few making the decisions” You are still wrong. ---
**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\ **Post date:** [December 9, 2022, 2:33pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/2448 "2022-12-09T14:33:08Z")
> [@stefnia\_Freir](#): > > Always a blissful moment when someone claims to talk in the name of the entire world. > Nothing says you are wrong like such an absurd ad populum. Not at all, I simply seek out what the world thinks the meaning of a word is, and then analyse the logic of it and either agree or disagree. I’m not speaking for the world, I am stating that my belief is in line with what the rest of the world (except you) think. ---
**Author:** ![stefnia\_Freir](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/stefnia_freir/32/390048_2.png) [@stefnia\_Freir](https://forums.eveonline.com/u/stefnia_Freir)\ **Post date:** [December 9, 2022, 2:33pm UTC](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290/2449 "2022-12-09T14:33:59Z")
> [@Aaron](#): > > I’m not speaking for the world you literally are : > [@Aaron](#): > > I’m fine being wrong along with the entire world [Previous page](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290.md?page=119) [Next page](https://forums.eveonline.com/t/the-rise-and-fall-in-bitcoin-value/346290.md?page=121)