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    • By JimmiJo in ES Coverage
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      Cowboys versus Redskins - now that just sounds correct.
       
      Hello friends, JimmiJo here along with THE Spaceman Spiff. Space is already on the sidelines, yucking it up with the important people. Me? I'm thinking how grateful I am for the 3-car accident on the beltway...
       
      If you cannot get up for this game, there isn't enough viagra made on earth for you. After all; the Redskins are hosting their eternal rival, the Cowboys. Winner will be sitting on top of the division, with a truckload of bragging rights.
       
      What's not to like?
       
      Well, for starters, everybody and their mom is inactive. Chris Thompson Jamison Crowder, Paul Richardson, Quinton Dunbar; all inactive. What a time to have have your top two receivers out. The chatter here in the press box is Washington should do what they can to bring in receivers - to include making a trade with the Raiders for Amari Cooper.
       
      Then there's the question of which Redskins show up? They could come out and light Dallas up. Or, post an anemic effort to suffer another embarrassing lost. Neither would surprise me.
       
      One this is for sure, the distribution in fans is something like 55-45 Redskins. Already an embarrassment. Until you consider this team has done much to earn the lack of support.
       
      Still, you have offer the finger in the middle to those fans who sold their tickets to Dallas fans. What were you thinking?
       
      Back shortly...
       
      Inactives
       
      The Redskins declared the following players as inactive:
      o   No. 10 WR Paul Richardson Jr.
      o   No. 23 CB Quinton Dunbar
      o   No. 25 RB Chris Thompson
      o   No. 30 S Troy Apke
      o   No. 55 C Casey Dunn
      o   No. 74 T Geron Christian Sr.
      o   No. 80 WR Jamison Crowder
       
      The team held a touching tribute to my friend Rich Tandler, who passed this week.
       
      Follow along in-game on Twitter @Skinscast
       
      Half
       
      Did you hear the one about the team that got chance after chance but couldn't score more than a touchdown?
      That's right; they are tied at 7 at the half and completely anemic in the second half.
       
      "Against the run of play" is a term you hear in soccer all the time. It is applicable here. It means the better team is either tied or trailing.
       
      Whoever said football was fair?
       
      Washington needs to find a way to get hot in the second half. The Dallas Cowboys are infinitely beatable today.
       
      JimmiJo
       
      How do you like them apples?
      The Washington Redskins sent them home happy today. Along the way my ulcer started bleeding, I threw up twice, and peed the chair I was sitting in.
      Up by 10 at the two-minute warning, I did not expect to be hoping for a missed field goal to avoid overtime. But there I was, crossing fingers and toes and noticibly relieved when the ball bounced off the upright to seal the win.
      A lot of things had to go right for the Dallas Cowboys to even have a shot at the end. A lot more things went right for Washington.
      The Redskins held Ezekiel Elliot to just 33-yards rushing. They forced two fumbles by Dak Prescott, one of which went for a Redskins' touchdown, and sacked him a total of four times. 
      Ryan Kerrigan had his best day of the season, sacking Prescott twice, one of which caused the fumble for the score. Preston Smith scored the touchdown off of the fumble. Jonathan Allen and and Ryan Anderson each logged a sack. DJ Swearinger hit Prescott square on the ball to cause the other fumble by Prescott.
      And then there was the offense.
      Adrian Peterson defies time and physics in what he can still do on the football field. His ability to change directions instantly, the speed he still posesses, and his ability to play through multiple injuries is astonishing. He ran for 99-yards on 24-carries with a 4.1 yard per carry average. 
      Kapri Bibbs, the other back; added just 13-yards rushing. But as a receiver he caught 4 passes for 43-yards and the first touchdown of the game.
      Josh Doctson reeled in 3-receptions for 43-yards. Jordan Reed added 43-yards on his two catches. Maurice Harris logged 2 for 22-yards.
      Alex Smith had a adequate outting. He went 14/25 for 178 yards and a touchdown for a quarterback rating of 98.1. He was sacked once.
      His obvious miss of Jeremy Sprinkle running free in the end zone is almost cause for termination. Connect on that throw and the game is much more comfortable at the end. 
      The real stars of this show were the fat guys in the trenches. The offensive line that opened highway lane-wide holes for Peterson to run through, and the defensive line that wreaked such havok all game. 
       
      But we have to thank Dallas as well for things like an illegal snap to back the field goal unit up at the end. The holding call that negated the big gain one play before the sack/fumble/score was huge. They seemed to find ways to beat themselves.
       
      Despite the above, Dallas was right there until last miss that struck the goalpost. The win was entirely too close for comfort.
       
      But now that's it's over, I sure am enjoying the win.
       
      The Redskins sit alone at the top of the division after 6-weeks. They travel to New York next week where they can continue to help themselves with a win.
       
      But just because New York currently resides in the toilet does not mean they intend to roll-over and play dead. Washington will have their hands full if they don't get more production out of the offense.
       
      That's next week though. For now, I am intent on  enjoying an excellent victory. Against the Dallas Cowboys.
       
      What's not to like?
       
      Talk soon!
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No Excuses

CNBC: Ethereum hits another record high, marking a more than 2,800% rally this year

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3 minutes ago, Predicto said:

 

 

The technology can be legit.  It may have real world applications someday.  Who cares?

 

That doesn't convert individual bitcoins into an investment.  

 

I'm not mocking the technology.  I'm mocking the idea that a bitcoin has massive value as an investment, and that what any of these people is doing is really "investing."   

 

 

There's an evolution from:

(1) 'In God We Trust' ... to

 

(2) In Nation States We Trust ...  to

 

(3) In Math We Trust. :ols:

 

Noone is investing. They are speculating., just like with 'precious metals'.

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29 minutes ago, Predicto said:

This is his car

 

this is his new wife

 

And this is his mistress

 

they're really good friends, actually, but they are happy to share him.

Pfft... He ain't happy. Oh sure, he thinks he's happy. He feels happy all the time. But trust me, he ain't.

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17 minutes ago, Corcaigh said:

 

 

You mean like gold and silver?

 

 

 

 

This is a good point.  Gold and silver retain value because of their historical use as a substitute for currency.   They probably shouldn't have nearly as much value as they have, but they do.   They particularly appeal to those who fear economic collapse and currency losing all its value.

 

Of course, if that happens, bitcoin will be even more worthless than dollars.  It is entirely dependent on a functioning high tech society to exist at all.  At least you can burn dollars to keep warm.

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4 minutes ago, Sacks 'n' Stuff said:

Pfft... He ain't happy. Oh sure, he thinks he's happy. He feels happy all the time. But trust me, he ain't.

 

Money can't buy you happiness.

 

But it can buy you a giant ****ing yacht, and you can pull up right alongside it.

 

 

 

And when anyone talks Fiat, I'm always thinking of this.

 

1200px-1973_Fiat_126_IMG_7855.jpg

Edited by Corcaigh

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11 minutes ago, Corcaigh said:

 

There's an evolution from:

(1) 'In God We Trust' ... to

 

(2) In Nation States We Trust ...  to

 

(3) In Math We Trust. :ols:

 

Noone is investing. They are speculating., just like with 'precious metals'.

 

A lot of the people in this thread seem to think they are investing, and that these crypto currencies have tangible value that can be measured:   "the price is very low for its marketcap"  and so on,.

 

I don't see the comparison to the early 90s internet boom.  The wealth came to those who invested in the stock of companies like Microsoft, Cisco, Oracle, Intel.  Actual companies that were positioned to take advantage of the growth of the internet to make profits and create real value.

 

The current mania seems more like people investing in digital pictures of the Microsoft and Intel logos, pictures that they email back and forth to each other, while declaring them to have doubled in value each time.

Edited by Predicto
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It is different, but not so different.

 

Back in the boom people were 'investing' in stock of companies that had no products and no revenue. How was Netscape whose primary 'product offering' was a free web browser ever going to make enough money to justify its value? Sell the stock? :ols:

 

And today some of the ICOs are about owning part of a network where value is exchanged and there rights and revenue opportunities. e.g. Aragon

 

But I agree, bitcoin is pure speculation. I don't know why it's not being hawked on Fox News to the old, much like the buy gold coins with a picture of a patriotic American buffalo.

 

 

Edited by Corcaigh

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47 minutes ago, No Excuses said:

The idea is that they will be using the blockchain platform for contracts and payment systems for some (or most?) aspects of their operations as well.

Blockchain can be used for any kind of record keeping and that's where the value in research is. It's going on right now.

 

How does that relate to crypto currency and it's value?

29 minutes ago, Predicto said:

 

 

This is a good point.  Gold and silver retain value because of their historical use as a substitute for currency.   They probably shouldn't have nearly as much value as they have, but they do.   They particularly appeal to those who fear economic collapse and currency losing all its value.

 

Of course, if that happens, bitcoin will be even more worthless than dollars.  It is entirely dependent on a functioning high tech society to exist at all.  At least you can burn dollars to keep warm.

Arbitrary value in a metal because of its scarcity is similar

 

Of course when the value of gold or silver is reduced to nothing, you still have the gold and the silver.

 

When bitcoin is reduce to zero you have..... ?

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2 hours ago, Springfield said:

Why should I pay for something using cryptocurrency instead of USD?

 

From the consumer end, its not much different than a credit card.  From the merchant end, at least for Bitcoin, there is no transfer fee(right now, will probably change in the future), and there's no such thing as a chargeback.   So theoretically, merchant prices should go down if they use a cryptocurrency like Bitcoin over CCs like Visa / Mastercard, etc.

 

Also, it makes person to person transactions much easier/faster.   For example, you have someone buy tickets to a Redskins/Capitals/Wizards game or something, but you want to split the cost.   You can write them a check or hand them cash, but it would be nice if there was some system where you could just pay them right there and it would update in their account without having someone go to the bank (you could have cash on hand to cover the cost, but it also eventually means a trip to the bank to get enough cash).   The current way to do this for individuals online is Paypal, but that pretty much the same drawbacks as credit cards, in addition Paypal can freeze your account.

Edited by DCSaints_fan

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26 minutes ago, Predicto said:

The current mania seems more like people investing in digital pictures of the Microsoft and Intel logos, pictures that they email back and forth to each other, while declaring them to have doubled in value each time.

 

The truth is its a low barrier of entry into "investing"

 

What doesn't matter. The charts show them going up, stories get passed around twitter, and everyone in the middle class wants to be an investor - that's what the upper class is, right? Investors?

 

Throw in fiat, corrupt banks and governments, and the US Printing money and hyper inflation and you've checked all the boxes.

 

You can throw 500 in it and watch it turn into 700 quickly. It's like winning a few hands of blackjack. It's quick, fun. And seems easy.

 

Most people enjoy the ponzi scheme until they realize it's a ponzi scheme.

5 minutes ago, DCSaints_fan said:

From the consumer end, its not much different than a credit card.

Sorry

 

But this is bull****

 

The value of every unit on my credit card (USD in my case) does not fluctuate widely and lose 50% in the course of an hour or two.

 

Dammit dude, if I bought my gas 40 minutes later it would have cost me 40% frewer fractions of a coin

:(

 

:rolleyes:

Edited by tshile

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Top trending topic an hour or so ago

 

"How do I get my money out of bitcoin"

 

That's the type of people throwing money in pumping it up recently.

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17 minutes ago, DCSaints_fan said:

From the merchant end, at least for Bitcoin, there is no transfer fee(right now, will probably change in the future),

This is also wrong

 

The network that controlls entries into the blockchain for each currency does infact charge a fee.

 

You can spin up a masternode for one of the currencies and make money by simply being a voter on the block chain.

 

Two sentences in you're 0/2.

17 minutes ago, DCSaints_fan said:

Also, it makes person to person transactions much easier/faster. 

Transactions are done at a speed dependent on activity on the network.

 

During peak activity times you can buy your priority with a higher rate.

 

You should ask all the people unable to dump their coins when it's crashing and buy when it's running about how fast and easy transactions are.

 

17 minutes ago, DCSaints_fan said:

You can write them a check or hand them cash, but it would be nice if there was some system where you could just pay them right there and it would update in their account without having someone go to the bank (you could have cash on hand to cover the cost, but it also eventually means a trip to the bank to get enough cash

Paypal

Bank of America has this, they've been advertising it. It's their mobile app.

My bank has its own system.

This already exists.

 

Edited by tshile
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Between individuals (like to split the cost of an event) you can use PayPal instantly, without fees, and without leaving money in their hands for them to freeze. 

 

Just pointing out that that part was a bunch of nonsense too. 

 

Edit: @Corcaigh I'm not buying and selling precious metals either. 

 

I'm not knocking anybody who wants to ride this roller coaster, just saying it's not for me. Beyond what we have set aside for traditional investing, we don't have spare money that I'm comfortable losing. 

Edited by dfitzo53
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13 hours ago, tshile said:

Paypal

Bank of America has this, they've been advertising it. It's their mobile app.

My bank has its own system.

This already exists.

Zelle. Most of the major banks are using it now. Goes straight from one bank account to another.

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On 12/22/2017 at 7:24 PM, tshile said:

Blockchain can be used for any kind of record keeping and that's where the value in research is. It's going on right now.

 

How does that relate to crypto currency and it's value?

 

The tokens (“coins”) are the means by which one participates in the execution of public blockchain protocols.

 

If you think a public blockchain protocol will be adopted for commercial or large-scale use, then its tokens do offer value, especially based on the number of them in circulation and the capped limit.

 

It is a mistake to think of cryptocurrencies as currencies like the dollar. They are really assets whose value is tied to a particular blockchain protocol.

 

We don’t really know which public blockchain protocols will be widely adopted or which technologies and platforms they will spawn. 

 

I dont disagree with most of you who are skeptical and think that the value of bitcoin is a bubble of epic proportions. I think this is all valid and likely true. But I do think down the line there will be winners, and it’s not the worst thing to do to with your money long term.

 

It is certainly not the tulip or beanie babies.

Edited by No Excuses
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2 hours ago, No Excuses said:

It is a mistake to think of cryptocurrencies as currencies like the dollar. They are really assets whose value is tied to a particular blockchain protocol.

 

We don’t really know which public blockchain protocols will be widely adopted or which technologies and platforms they will spawn. 

 

I dont disagree with most of you who are skeptical and think that the value of bitcoin is a bubble of epic proportions. I think this is all valid and likely true. But I do think down the line there will be winners, and it’s not the worst thing to do to with your money long term.

This is the way I view them. 

 

Assets tied to a particular form of (generally) blockchain technology, whose stock will rise or fall depending on how well that technology connects to and creates the future. 

 

In that scenario, I don't view the crypto market as entirely different from the stock market with a major exception being that cryptos are much more volatile but have a much higher potential long term. 

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Ripple and Stellar Lumens will be here to stay in my opinion. It will be really interesting to see what 2018 brings for these two platforms in particular 

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LOL ... looking at an old PC we did find some coins from a little mining done a few years ago. Not BTC unfortunately but a stash of a low value altcoin that's worth in total $3,400 today. A nice Christmas surprise.

Edited by Corcaigh
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Anyone else in XRP (Ripple)? It seems that banks have started taking to this platform as it has quintupled its market cap in a very short period of time. Who knows, maybe one day it (or something else) will replace SWIFT

Edited by Skinz4Life12

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13 hours ago, Skinz4Life12 said:

Anyone else in XRP (Ripple)? It seems that banks have started taking to this platform as it has quintupled its market cap in a very short period of time. Who knows, maybe one day it (or something else) will replace SWIFT

Really wish I decided to put the couple hundred I planned to when ripple was at .235 :(  had issues setting up kraken account and just said screw it

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2 hours ago, steve09ru said:

 

Really wish I decided to put the couple hundred I planned to when ripple was at .235 :(  had issues setting up kraken account and just said screw it

 

I had to jump through some hoops to get an account t setup as well. I'm glad I followed through though.

 

Ripple itself already has tangible value in the contracts and companies already setup to use its platform. They have contracts with 100 banks I read, as well as American Express. The transaction speed is an order of magnitude faster than Bitcoin, and the fees are only a tiny fraction as well. Should be an interesting year for the platform. 

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15 hours ago, Skinz4Life12 said:

Anyone else in XRP (Ripple)? It seems that banks have started taking to this platform as it has quintupled its market cap in a very short period of time. Who knows, maybe one day it (or something else) will replace SWIFT

 I got into Ripple when it was at $0.73, and dumped in a little more fun money since. I'm on Binance, and also have cheddar in XVG, CND, and TRX. When it spiked to $2.12 I was quite happy.

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14 minutes ago, Springfield said:

I kinda feel like crypto’s are the millenials “intro to investing” course.  

 

In before Grandpa Predicto comes in to lecture you.

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