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Odds And Ends And Anything You Fancy

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NewUser said:
When bitcoin sets new records...

On August 10, 2010, a pseudonymous BitcoinTalk forum user called “Stone Man” reported that he accidentally lost 8,999 Bitcoin (BTC) due to a technical mistake. Today, the coins would be worth over $180 million.
The incident had occurred a day earlier after Stone Man had amassed 9,000 BTC, purchased from the first ever exchange, and then tried to send one coin from his wallet to a different address. The transaction, which can be viewed here, shows that Stone Man achieved this objective. What it doesn’t show is what happened next. The pseudonymous forum user outlined the sequence of events:
1) Bought 9,000 BTC on one of the exchanges over time.
2) Transferred them to my client running on a Linux live CD distro of Debian.
3) Backed up the wallet file to a flash drive.
4) Sent 1 BTC to myself
5) Closed client before any confirmations
6) Shut down system (wiped system disk loaded into memory and therefore the ./bitcoin folder
7) Loaded system back up
8) Copied old wallet.dat file into ./bitcoin folder

9) After some confirmations appeared the balance was 1 BTC and there was a transaction saying I spent 8,900 BTC to an address I did not recognize
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Because I am obviously too old to understand "economy of today", on the one hand I obviously spared a lot of money in my life because I only bought "things" or shares at the stock exchanges of which I understood how they worked or earned money with, for example "Coca Cola" is something I easily understood, "Wirecard" was something I never understood, because how should this "German" company ever have made millions with Far-Eastern porn companies and their payments?

On the other hand, maybe I lost "billions and billions" already in our modern "virtual" economy" because "Bitcoin" is for me and for almost a decade now something I never really understood and which I never bought because I always expected from a "currency" an equivalent in value on the other side of the currency's "publisher": a state with a "good" ecnomy or an equivalent in gold or something else in values.

So, what is now the real value behind all these "Bitcoins"? Anything else than the expectancy of the Bitcoin buyers that it will rise and rise or keep its value for a long time?
This rather reminds me of the great "Tulip Mania" which was the first economic bulb implosions in modern European history.

en.wikipedia.org

Tulip mania - Wikipedia

en.wikipedia.org en.wikipedia.org

Up to now, I did not really understand what might be the difference between "Bitcoins" in the 21st century and "Tulips" in the 17th century.

Could someone please tell me the difference in so simple words that an extremely old "Methusalem" of 57 years like me could understand it?
:eyebrow2::money::idea:
Thank you very much in advance!
 
Praefectus Praetorio said:
Although it goes against my firm anti-carbohydrate principles - our daily bread:

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From 10:30 to 12:00 on Reel 2 there are pictures of doorstep bread delivery. At about age 17, I had such a job, with a wicker basket like that, but ours were even bigger.

And you saw that all bread except sliced was unwrapped. Now realise we had no washing facilities on the vans, and wet-wipes had not been invented. And all payments were in cash, dirty coins and notes. I hate to think what the state of our hands were at the end of the day, still adding more bread from the van shelves into our basket. It's a wonder how we didn't poison the whole county, but seeing how some customer's kitchens looked, I guess they were all immune.

PS If of a nervous disposition, stop reading:

Most of my rounds were out in the countryside, where there are no public toilets but plenty of trees. Then refer back to washing facilities................
 
old slave said:
From 10:30 to 12:00 on Reel 2 there are pictures of doorstep bread delivery. At about age 17, I had such a job, with a wicker basket like that, but ours were even bigger.

And you saw that all bread except sliced was unwrapped. Now realise we had no washing facilities on the vans, and wet-wipes had not been invented. And all payments were in cash, dirty coins and notes. I hate to think what the state of our hands were at the end of the day, still adding more bread from the van shelves into our basket. It's a wonder how we didn't poison the whole county, but seeing how some customer's kitchens looked, I guess they were all immune.

PS If of a nervous disposition, stop reading:

Most of my rounds were out in the countryside, where there are no public toilets but plenty of trees. Then refer back to washing facilities................
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Yes, but I still bake my own bread very often today, but you have to be very clean so that the sourdough works properly. Mostly I always bake 4 large loaves of bread and 3 1/2 of them go into the freezer.
 
In 1914, before the Great War, Adda F Howie was one of the most famous women in the US and the world. How many today have heard of her? Outside of some Dairy aficionados in Wisconsin, I'd bet very few. But her's is a story worth knowing.
 
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Well, she upstages our Prince Charles talking to trees. I wonder if the cows remember her? Well, their genetic descendants. Dairy farmers and dairymen I know do believe, as she evidently did, that music helps relax the cows as they're being milked, improving yields.
 
old slave said:
Strange how the Vlissingen (Flushing) route has ended, there are now no ferries docking between Zeebrugge and Europort (Rotterdam).

They were still using the side-entry car ramps on the Fishguard to Rosslare route in the 1960s.
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The ferry link from Zeebrugge to Hull has been closed about 2 months ago. There are no more ferry services to the UK between Calais and Rotterdam.
 
old slave said:
Strange how the Vlissingen (Flushing) route has ended, there are now no ferries docking between Zeebrugge and Europort (Rotterdam).

They were still using the side-entry car ramps on the Fishguard to Rosslare route in the 1960s.
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There's no travel at all now to Belgium Netherlands etc. Europe has cut us off - and we have even done Brexit yet! :eek:
 
Eulalia said:
There's no travel at all now to Belgium Netherlands etc. Europe has cut us off - and we have even done Brexit yet! :eek:
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"This other Eden, demi-paradise,
This fortress built by Nature for her self
Against infection and the hand of war,
This happy breed of men, this little world,"
 
Loxuru said:
View attachment 943197 Emphasising the Me262's beautiful design.
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Yep,was well ahead of it's time....
Only problem was the lack of good quality raw materials,especially for the Engine turbines,plus a desperately chronic fuel shortage.
All of which reduced the effectiveness of this (fine looking) killing machine.
 
Baracus said:
FB_IMG_1605479741755.jpg
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Loxuru said:
Me262's beautiful design.
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Ah, happy memories of building the airfix 262 while on holiday (it was raining) and only going to the beach to get a pebble to weigh down the nose, so the model would stand up on its wheels and not fall on its arse
 
montycrusto said:
Ah, happy memories of building the airfix 262 while on holiday (it was raining) and only going to the beach to get a pebble to weigh down the nose, so the model would stand up on its wheels and not fall on its arse
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Yeah I made one and all...lol.
Even now,I'm building a 1/72 Staffel of "Turbos"... ;)
 
Baracus said:
Yep,was well ahead of it's time....
Only problem was the lack of good quality raw materials,especially for the Engine turbines,plus a desperately chronic fuel shortage.
All of which reduced the effectiveness of this (fine looking) killing machine.
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And slow on landing approach, making it an easy target for Mustangs in that stage of the flight.


montycrusto said:
Ah, happy memories of building the airfix 262 while on holiday (it was raining) and only going to the beach to get a pebble to weigh down the nose, so the model would stand up on its wheels and not fall in its arse
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You should have told me that trick fifty years ago.:icon_tfno:
 
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