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1261  Other / Beginners & Help / Re: What is the best Cloud mining Site? on: October 24, 2015, 06:16:07 AM
Cloudmining was never profitable. I have some small investments in different sites for almost two years now but never did i make money. High maintenance fees and mining difficulty eats up your payouts plus almost all cloudmining sites turned to scam later on. Just hold on to your coins Smiley

did you sell your hashpower at some point? because as it is right now, cloud mining is not about sitting there and waiting for roi

it is now very similar to trading, you need to sell your hash after some time to have  aquick roi, and buy again when the price fall, repeat

Yes i sold all my ghs recently as they were depreciating in value and rewards dropped. The company released new hardware and people are dumping outdated hashpower. By my calculations coins mined plus the sale i'm still at minimal loss. You are right i should have traded and monitored everyday price. My other cloud investment is a lifetime contract and you can't sell or trade hashpower. A year ago payouts were okay but now it only pays trickles of btc's in my wallet and i don't know if i ever will ROI. The rest turned to ponzis and scams..


I personally would avoid anything that say's "lifetime" or anything like that.  Because we know no miner last's a lifetime they have a certain lifespan. 

I think being able to sell hashing power is pretty important.  Without this there is not much strategy on it.  It's almost like gambling as I'm not sure who can get a good ROI equation on "lifetime".  I sure cannot predict that far in crypto world.

Right Mate. I was new to crypto then and was blinded by their marketing strategies..

As I told in one of my previous posts mining is not profit. Whatever you do and whenever you do about it: at home mining or cloud mining. At home mining needed expensive dedicated hardware which costs to much and even you have much earnings at the beginning everything go to repay the hardware. Then the difficulty rise and the earnings drop. Si you will never arrive at break even. The same with clod mining. They who sell ghs know all that and make their calculations to not lose them. So here the possibility to earn something is even less. Must earn the owners of site which give the clod first. There it will be nothing from you. Even the possibility of selling ghs is nothing. All the factors are connected with each other and the price of the sell will be never profitable for who buy, and maybe even for who sell.

If you had no profit during this time when difficulty was up and down since almost one year and the rise was at minimum amounts you can find yourself easily how much can the earnings if the difficulty rise constantly (no drops as it was verified during the above periods) and in amount more than 10% every 14 days.

Even this have less probability to be verifies because of halving (is supposed that to many miners leave mining because of the halving of the amount produced and as a consequence less profits) no one can  know if this can be true for sure. Who knows which factors can enters in the market and make again the rise in big amounts.
1262  Economy / Speculation / Re: The Everything Bullish Thread (Bullish Media Center) on: October 23, 2015, 04:34:01 PM
Luckily we are seeing a large number of start ups that are trying to tackle this problem with even more VC money backing them.

Yes, and anonymity also is being tackled seriously nowadays.

Thanks for the errors.  Cheesy

As for the answers I'm feeling "disappointed". Because the answers of your answers (when applicable) are in my post. Have no meaning to tell always the same things:

1. You are telling words not facts. Everyone know that you have told. The problem is that there is no volume (except China for which I have told that is different from the others). According to me. You have any data that prove the opposite of this? If yes show those to believe you. As about the mining it is the only way to create internal volume and as consequence black market.

But what is important in all this discussion is that bitcoin it is not known in most (or all) of those countries I have shown data about this. You have data that prove the opposite? Show those.

2. Words. Needed facts. If have show those. In those countries people barely find money for the everyday bread. But maybe I'm wrong. Show me that I'm wrong.

3. This point make me laugh. You are in a spaceship when speak about these countries. You have no idea about the life there. If are poor no one care about bitcoin or the internet. If almost poor and have not allowed to navigate in the internet, the people able to do such things secretly maybe are 10 or 20 (if are in such amount) in every country. And you think that they will create the internal bitcoin black market, the big volume and the sky-rocket price of it?

Anyone of these countries is not (cannot be) above of "almost poor". So all those are in the two above categories. No need to make other suppositions. But maybe I'm wrong. Show me with data that I'm wrong.

4. This point is incomprehensible for me. It is like I'm asking about the sun and you answered about the moon. Here, I cannot have wrong. I don't understand what do you mean. If you think that seeing the localbitcoins volume in Russia (where bitcoin is banned) and make (having in mind the amount of volume there) a comparison with the hypothetical one in North Korea I have no more explanations to made because are in vain. It is like make a comparison between Mozambique and USA. Or Nigeria and Great Britain. Or maybe I'm wrong. It is not possible to find a comparison because it is impossible to find two world that are so different and away between those. I cannot even laugh in this case. Seems too strange even to laugh.

At the end: There is no localbitcoins volume in any of the countries in question (naturally except China). According to this charts of localbitcoins: http://coin.dance/charts If you have any other data show those.

You again insist that the price of bitcoin in those countries will sky-rocket by the ten people which will be able to enter secretly in internet and all those will buy enormous quantities of bitcoin (with their salary with which barely assure the everyday bread) and those ten (which I am sure that don't exist but I accepted just to please you) will create a powerful internal bitcoin black market which will sky-rocket the price of bitcoin in every of the mentioned country with the people which have no bread to eat? You think that this people with care about bitcoin?

If your answer will be yes I surrender forever. I am not able to make you understand the situation on those countries. Or maybe you are so proud that can't accept to have wrong.  Wink End of story.

You are most welcome my dear friend.

I don't insist that it will sky-rocket there, it may and with high %.

Don't forget that good news moves quick, specially when there is money involved.

And even if those 10,100 or 200. They could have money more than 1,000,000 combined Wink

I know that.  Cheesy Lets wait these good news and begin again this discussion. Until that day ...... needed data no words. With words is everything possible. I'm giving data, you suppositions. With words everything is possible. Without data remain only words.  Wink
1263  Economy / Economics / Re: IBM working with US Federal banks to develop digital currency on: October 23, 2015, 01:41:25 PM
Good luck getting me to spend my precious universal, uncontrollable, money for some shitty bank coupons. Looks like the banks have passed through the "Bitcoin can't be money!" phase and entered the "I'll create my own alt-coin!" phase. Good luck with that.

And it shall end up like all other alts so far
Reminds me of the intranet fad in the 90s, "this internet thing looks interesting, but we'll create our own safer and controlled version!"

Everyone who make a little reasoning can understand that the (commercial) banks will use blockchain or the technology used to build it, not for creating their own coins. Everyone which think a little can understand that this is impossible. We will have millions of coins and all the (commercial) banks in discussion with all the other (commercial) banks to accept their coin. So every (commercial) bank will passe all its time in discussion to reach the needed collaboration with all the banks which collaborate about its coin. The same thing for other millions remaining. Then everyone of those will find the way that their coins have legal value. For this needed the permission of the Central Bank of the country. So other discussions with the Central Banks of every country; which will want the "why" of this choice. I can't find one. I think even the banks. So probably this permission cannot be given. In other words, the result will be an imaginable mess and an absurd situation where everyone cannot understand everyone.

Every (commercial) banks it is not so stupid to do or even wonder this. They work with the money and such kind of work need to much intelligence. If they do such work (with money) and survive or have profits from that, mean that are intelligent and not at all stupid.

So, who think that the (commercial) banks are working to know or implement the technology in which is based the creation of blockchain to create  a new personal digital coin is in big wrong.

They are studying blockchain to implement its technology not to create some clone or another digital coin. The technology of blockchain, named peer to peer realize, if applied, big reduction of costs. This is the reason of their study of blockchain. This is the power of peer to peer and from this reason is called disruptive. Remain to be understand the field (within the commercial bank) in which it will be applied but I think that the probability is to high that can be applied firstly at the transactions made from the bank. Aiming to reduce the costs connected with those. Anyhow this is a guess and as such remain to be verified.

It is a totally other thing the question treated from the OP. This is the case of the creation of e new coin. But it will be a coin created by and for the Federal Reserve, which is totally another typo of bank and have totally different duties. The digital coin created by the Federal Reserve (if it will be created) will have legal power. It will be like or will replace us dollar (according to the decisions taken by this bank). Will be owned by the state of USA and will be national legal currency of USA. With or within the us dollar. Will have formal power and will be not like the million other altcoins created by one or a group of developers who, in most of the cases, create the altcoin only to make some money and to forget it.

Everyone will be "forced" to use it. This national digital coin will serve for every relation with the Authorities, in this national digital coin will be every salary of everyone (whether it will be private or public the work which will be rewarded), this national digital coin will be used by every merchant etc. So everyone who want to live normally in USA will be "obligated" to use it. No one will ask to leave bitcoin because bitcoin is regulated in USA. But for sure will use this new digital coin created by and for Federal Reserve.

IF IT WILL BE CREATED AND IF WILL HAVE FORMAL POWER GIVEN BY FEDERAL RESERVE. THERE ARE ONLY DISCUSSIONS. THIS DOESN'T MEAN THAT FOR SURE WILL BE CREATED.

above could be...I would add to this that if it did happen (say USA first) then all countries would try the same..but MOST would not work ..because same issue as now..China would not trust a crypto coin backed by usa or vice versa...make that 180 countries make their own crypto version of some manner you state above..

the catch is bitcoin would probably GAIN value in the above as an alternative of a gov't's coin creation in the above manner...(prob closed source) ..the world has enough issues screaming about how the usd dominates the world of commerce with the US dollar now...or how the internet is too USA centralized......so these gov't coins may indeed be coming ..but again imho if it is that bad and that prevalent as you seem to say....then open source crypto (likely bitcoin) would really thrive imho as an alternative..i mean would you be a big fan of 'ivory coast coin' crypto? or would you just go around all the banks/gov't etc on the open crypto ...again likely bitcoin ...China/Russia/Iran etc may use usd now...but would not even think about trusting a crypto from USA especially if closed source imho ..just saying...and of course this is talking about govt's ..individuals I would think would even be more unlikely to do so ..even in the individual country...I like Canada ..but would not be all fired up to use Canadian Crypto say made with help of say Canadian Bankers and the Gov't no matter how enlightened the coin may be...probably would not slam it as evil but sure as heck would not use/get or in anyway promote such ..I would at best be indifferent to such an attempt and as newbies got to know crypto I would assume the same if pressed at say that future time ..big yawn..

anyway will probably be something between our 2 extremes but you get my point ...(not that I now what I'm talking about) but the above came to mind Smiley

To tell the right I am lost in your post.  Wink Seems to mess. To many thoughts told shortly and maybe it is not your the fault. So will answer only to the things that I understand.

First we can go ahead without doing castle in the air. In other words such national digital coin must be made and have the status about which is mentioned before. Then discuss about it. But since exist this thread we can discuss only to pass the time and to change opinions. So every thought or interpretation below or above must have the big IF before. So, if it will be created and if will replace us dollar. For the moment we know that there are only discussions and words from an article. That's are not at all enough to tell that the above and the below about this supposed digital coin can be true.

Lets continue then with the suppositions or interpretations about your post. Following it and without doing reference at every your thoughts (because the post will be very long) i can tell that:

Yes, I believe that if USA will introduce such digital coin as its national formal money will be followed probably not immediately but in time for sure, from all the other countries of all the world.

I think that this coin will work like a clock so disagree with you about this. Why you like the bitcoin and not another coin secure and formal one like bitcoin made from your Authorities?

China will be obligated to know and work with this coin if it will be the national formal money of USA or will have this status - the same like us dollar (if it will be coexistence of both of those). If China will not accept this will suffer China itself.

I don't see any problem if all the countries of the world follow USA. Every of those have its national money. Where is the problem if this national money become digital coin money? On the contrary, I think that this would a big step ahead for every economy of every country and for all the world.

That's the end of that I understand from your post. As for bitcoin I can give you two other threads who discus the position of bitcoin if in the world will be verified such situation as above written or about its possible place in the world of currencies.

You can make your discussion there if you want. You can discuss about everything and tell what you think (whatever can be your thoughts). But please with less passion and with more clear explanations:

https://bitcointalk.org/index.php?topic=1205842.0

https://bitcointalk.org/index.php?topic=1191118.0
1264  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: October 23, 2015, 12:58:16 PM
im trying to be honest, i would choose the gold compared to bitcoin, but making physical bitcoin from a gold aren't a bad idea

Very interesting idea. First time I read this and I like it. The problem is who have the power to do this. Bitcoin has no owner which can care about this thing. So, even it is very interesting, it is unfeasible.

Merge bitcoin with gold would be a very explosive mixture. It's a sin that cannot be made. But who knows. If bitcoin will be regulated in most of the countries may take form such thing.... There is the possibility of the management of bitcoin by a World Centralized Financial Authority.
1265  Economy / Economics / Re: IBM working with US Federal banks to develop digital currency on: October 23, 2015, 12:53:41 PM
Good luck getting me to spend my precious universal, uncontrollable, money for some shitty bank coupons. Looks like the banks have passed through the "Bitcoin can't be money!" phase and entered the "I'll create my own alt-coin!" phase. Good luck with that.

And it shall end up like all other alts so far
Reminds me of the intranet fad in the 90s, "this internet thing looks interesting, but we'll create our own safer and controlled version!"

Everyone who make a little reasoning can understand that the (commercial) banks will use blockchain or the technology used to build it, not for creating their own coins. Everyone which think a little can understand that this is impossible. We will have millions of coins and all the (commercial) banks in discussion with all the other (commercial) banks to accept their coin. So every (commercial) bank will passe all its time in discussion to reach the needed collaboration with all the banks which collaborate about its coin. The same thing for other millions remaining. Then everyone of those will find the way that their coins have legal value. For this needed the permission of the Central Bank of the country. So other discussions with the Central Banks of every country; which will want the "why" of this choice. I can't find one. I think even the banks. So probably this permission cannot be given. In other words, the result will be an imaginable mess and an absurd situation where everyone cannot understand everyone.

Every (commercial) banks it is not so stupid to do or even wonder this. They work with the money and such kind of work need to much intelligence. If they do such work (with money) and survive or have profits from that, mean that are intelligent and not at all stupid.

So, who think that the (commercial) banks are working to know or implement the technology in which is based the creation of blockchain to create  a new personal digital coin is in big wrong.

They are studying blockchain to implement its technology not to create some clone or another digital coin. The technology of blockchain, named peer to peer realize, if applied, big reduction of costs. This is the reason of their study of blockchain. This is the power of peer to peer and from this reason is called disruptive. Remain to be understand the field (within the commercial bank) in which it will be applied but I think that the probability is to high that can be applied firstly at the transactions made from the bank. Aiming to reduce the costs connected with those. Anyhow this is a guess and as such remain to be verified.

It is a totally other thing the question treated from the OP. This is the case of the creation of e new coin. But it will be a coin created by and for the Federal Reserve, which is totally another typo of bank and have totally different duties. The digital coin created by the Federal Reserve (if it will be created) will have legal power. It will be like or will replace us dollar (according to the decisions taken by this bank). Will be owned by the state of USA and will be national legal currency of USA. With or within the us dollar. Will have formal power and will be not like the million other altcoins created by one or a group of developers who, in most of the cases, create the altcoin only to make some money and to forget it.

Everyone will be "forced" to use it. This national digital coin will serve for every relation with the Authorities, in this national digital coin will be every salary of everyone (whether it will be private or public the work which will be rewarded), this national digital coin will be used by every merchant etc. So everyone who want to live normally in USA will be "obligated" to use it. No one will ask to leave bitcoin because bitcoin is regulated in USA. But for sure will use this new digital coin created by and for Federal Reserve.

IF IT WILL BE CREATED AND IF WILL HAVE FORMAL POWER GIVEN BY FEDERAL RESERVE. THERE ARE ONLY DISCUSSIONS. THIS DOESN'T MEAN THAT FOR SURE WILL BE CREATED.
1266  Economy / Economics / Re: Is deflation truly that bad for an economy? on: October 23, 2015, 09:47:18 AM
We are being told deflation is bad for our economies and this is used as excuse from our central banks to print more money and destroy our savings/currencies. What they say is that in a deflationary environment, the price of goods falls so people would not buy anything and would rather wait to buy in future, therefore slowing the economy. If so why smartphones sell like hot cakes?their price is falling and people are buying them actually because of that. Maybe because each time the price decreases customers feel like they are getting a good deal, therefore are prompted to buy!!
If our economies are not growing it means that there isn't much inflation pressure, so I don't see any reason to artificially induce inflation by destroying our currencies. I would like to know your view on that..also do you think bitcoins (deflationary) will see a wider adoption by retailers in future?

In the first view seems that a deflationary situation is good for everyone. Anyone could have more with the same amount of money. But for the overall economy, according to the economist is not so good. According to Wikipedia: "Economists generally believe that deflation is a problem in a modern economy because it increases the real value of debt, and may aggravate recessions and lead to a deflationary spiral"

For more, everyone who want can read here: https://en.wikipedia.org/wiki/Deflation

There is explained in full everything regarding this phenomenon and even the meaning of expressions "real value" and "deflationary spiral" used in the above sentence.

As for the inflation in the situations where it is not real grow of the economy, serve to realize exactly this grow. Injection of new money in the economy make possible that this economy go forward and not remain
without moving. This is a toll used principally for this reason. But it is not told that for sure the put of new money in the market when it is not growth have good results. There to many other factors which need to fulfilled that this tool give the desirable effect.
1267  Bitcoin / Bitcoin Discussion / Re: Pay for the companionship of a Supermodel with Bitcoin. All Money is Money! on: October 23, 2015, 09:26:28 AM
Interesting discussion on the subject on reddit. I thought it would be worth sharing with you guys here.

http://fallenangels.london/of-course-we-accept-bitcoin-all-money-is-money-2/

https://redd.it/3ouf0d

The escort are high level escorts in every direction. They are intelligent, most of the times well educated (college or university) and above all, sexy at the maximum. Are the best choice for that kind of people which have money and are alone. "Unfortunately" I am happily married and cannot taste those. Anyhow I will use never my bitcoin with those. I would use my fiat money. Cannot have fear to be known. It is a pleasure to be with those.

I am glad you are one of the few who understand the difference between a a high class escort and a standard one. On this level its usually about exclusive dates, events and parties and in most cases just be a smart listener. There are many blue-bloods who don't mind paying for a company of a intelligent woman.

Thank you very much for your special world about me. I can assure you that if I were young, have money and single would more than happy to have the companionship of such kind of girls. Maybe be able to attract her so much and stay with her more than can be possible with my money. But even because the relationship which will be created in such conditions will much more enjoyable. Not because i doubt in their professionalism in doing their "duty". But because the attraction from both the parties (when born and exist) give something special to them; something that any amount of money is not able to create.

I think i would not want to do it exactly because this kind of "relationship" that might build. I mean if it really turns out that girl is a girl you fall in love then you might have be no chance. She might not be in love since she was paid for it. And you are heart broken.

Even when she fell in love, i wonder if MissSilvia would have to punish her for breaking the contract or something like that. I'm sure that is not allowed. I might be wrong.

And then, though that's my personal preference... i'm somewhat cautious with girls that you draw to you with money. You never know if she would love you without money too then. And i really really like that the girl that loves me know went through hard financial times with me. That showed me that her love is deep and pure. Smiley

You have not read well my post.  Wink  I have not mentioned in any place the word "love". "Attraction" and "love" are way far away from each other. So, I wrote firstly "Maybe be able to attract her so much and stay with her more than can be possible with my money." So, in other words, the attraction be firstly by the other part and not from me. Then, if this could be verified, is the next sentence: ".... the attraction from both the parties (when born and exist) give something special to them; something that any amount of money is not able to create.". This mean attraction (for sure) at least by the other part.

You can tell that in these things nothing can be calculated. Maybe could be so. Maybe could be me that can't be able to protect my feelings and myself. Who knows? Maybe you right. But for the others. Because as for me (knowing myself) that it is not my case.  Cool

As for MissSilvia, she will know nothing. It will be a little secret between me and the escort in question. So everything well thought. Don't you think so now?  Cheesy
1268  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: October 23, 2015, 09:10:55 AM
How safe is it?

right now its not a safe time to buy bitcoin as bitcoin is going to to the moon..rite now rate is around 281$-285$....i think bitcoin willl drop after that ...so buy at that time when price dropsss...

You must not think that. Even if this decrease can become true. You must think that the prize will continue its actual trend and will go higher. This is what is waited by everyone, Even by you. If you and all we which have to do with bitcoin are pessimist the price will go down for sure. If we all will want that the price go high so it will be.

Leaving away the jokes why the price will go again down? Because has do the same thing all this year (up and down)? But if this time will be the right time? The halving is near and the people hope (lets tell "know") that the price (with much probability) will go high. So all are buying bitcoins. This mean increase of the demand. With the same amount of bitcoins (or better the same flow of bitcoins) in the market normally the price will increase. Why don't believe this situation?
1269  Economy / Web Wallets / Re: How safe is Bitcoin really? on: October 23, 2015, 08:58:22 AM
Don't forget that everything can be hacked. Once it somebody created, there would be someone who would be able to hack it, I am sure. So it is like a bank, it would be stupid to put all your savements in one place and hope that it's 100% secure and nobody would touch it except you. I recommend you to use both offline and online wallets.

Am I considered as stupid even this one place hold my bitcoins offline and not online and if hacked, the hacker cannot find nothing or only few satoshi? Or even if this place will replace my bitcoins if those "were lost or stolen as a result of a breach of the physical security, cyber security, or as a result of employee theft" of the this place (which is an online wallet)?

I don't think so. If I store my bitcoins in this kind of place (even it is ONE place and not more than ONE) I consider myself very smart.
1270  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: October 23, 2015, 08:47:14 AM
However bitcoin enables fast and easy transactions instead of exchanging gold to fiat money and buy things with it. The Internet is growing every single second and bitcoin will probably be accepted by almost everyone after the world has finally noticed how big bitcoin can grow

Fast transactions are possible only if you are using Bitpay or some other payment processor. Yesterday, I tried to transfer BTC0.50 after paying BTC0.0001 in tx fee. But I received the necessary 3 confirmations only after 24 hours. It was a long and frustrating wait. If the miners are not happy with the tx fee, then it is a very bad sign for BTC.

This is a sign that the decentralization of bitcoin is only words. If are the miners which can decide the future of the fees they can make in the near future hidden agreements with each other about the amount of fees and make decisions which cannot be impeded by no one. This way has followed by all few entrepreneurs which offered the same good in the market and were them only which offered that good. But later was the State (Government) which impeded such kind of agreements. While bitcoin has as defenders only they who want the decentralization and the not regulation of it. I am curious about reaction of the lasts if the situation supposed by me above (with the miners) can become true....
1271  Economy / Economics / Re: Bitcoin or gold? on: October 23, 2015, 08:15:31 AM
Gold has stability value, bitcoin its more volatile. Bitcoin needs more stability if it wants to become as popular as gold.

I think you need to rethink your data and opinion about the price of gold and the price and volatility of bitcoin in time. Below are the charts of price of bitcoin this year (which as you can see is almost stable) and the price of gold the last 5 years (which is decreased the last four years and half). It is not the first time that I give these charts but I see again and again people not informed. So needed to publish those again.

Bitcoin:




Gold:






Now show the bitcoin all time high price compared to todays price for comparison like you did for gold -




Very good. These data are very known by everyone which follow bitcoin. No one can deny that bitcoin is volatile.

But with my charts and with my words i wanted to tell that this year bitcoin was almost stable (new thing for it) while the price of gold (not only for the last year but for about four year and half) is decreasing. Those are the LAST data for both the subjects. And are the ANSWER of the post quoted by me. The author of post has very different (wrong) knowledge abut those (LAST) data. My intention was to show (with data) that he has erroneous knowledges. So my answer have as principal aim to give the ANSWER to the quoted post.

Then, as for the volatility (which is shown during the years 2013-2015) and the tendency of decrease of price during these years of bitcoin these are very known things for everyone which follow bitcoin. Maybe these data had in mind even the author the post quoted by me. But let make a little interpretation.

We have in one hand the price of gold which decreased in the last 4 years and half (so no change of tendency during all this period) and on the other hand the price of bitcoin which is volatile with tendency decreasing (we all know the reason of the decrease - MtGox has pumping artificially the price during its activity) during 2013-2015 and as a new thing the almost stability of this price during all the 2015. Which is the thing which must be underlined according to you? Maybe all this, can told you. I thought not because the first period of bitcoin is well known and don't offer nothing new. Even for the poster. With to much probability it was this period which made possible his thoughts about the volatility of bitcoin. While the almost stability of the bitcoin price it could (must) be new for him. This is needed to give. And that I gave.
1272  Economy / Economics / Re: Stephen Hawking: ‘technology is driving ever-increasing inequality" on: October 23, 2015, 07:54:58 AM

 Looks like some policmans will loose his job
Artificial intelligence experts point to looming danger amid unpredictable technology and fears that technology could ‘seduce us into warfare’
scary a little or even a lot

http://www.theguardian.com/technology/2015/oct/20/campaign-to-stop-killer-robots-warning-united-nations

Don't worry. Technology will be never able to compete with the human being. All the secrets of any kind of technology are known by the human kind who invented/created it. So he is and will be always able to manage it in every moment. This thing cannot be true in the inverse direction. Technology, even will arrive one day in which will be able to be self developed, would have always the key of "off" put on it by the human kind. Even if the technology can go out of control this situation can be only temporary. Human kind will have always under control any kind of technology.
1273  Economy / Speculation / Re: The Everything Bullish Thread on: October 23, 2015, 07:15:05 AM
Very curious and can't wait.... Cheesy  Cheesy

Edit: I see to many errors in my post (now that I'm reading it again). It was written in the late night and I have my eyes semi closed by the sleep. But you never forget your duty my friend.... Cheesy  Cheesy  You have to do a big job in finding my errors....  Shocked

Loool, I will do my best dear Cheesy

1. It's not a must that you mine to sky-rocket the price, buying means volume and volume means price movement Wink

2. You will always need to hide your money if you play it dirty or to pay less taxes.

3. Regarding internet restriction, there will always be a way to access the net. Plus, don't forget physical bitcoins and Localbitcoins or persons selling bitcoin in person for cash.

4. Regarding North Korea, check Localbitcoins volume in Russia Wink

Errors :

1.
Quote
I mentioned this but this doesn't create the internal bitcoin black market. The existence of the internal bitcoin black market was the question about was the discussion. That is the first thing.

2.
Quote
There is not no internal bitcoin black market

3.
Quote
Third I doubt that in those countries are to too many the people with big money which have no power and need to hide its their money.

4.
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Four, you must read the restriction they had in on internet and the possibility of access on accessing it by the normal people.

5.
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Five, you must understand the power of political dictatorship on in these countries and the enormous fear that this nomocracy raise to everyone in doing not allowed restricted things.

Thanks for the errors.  Cheesy

As for the answers I'm feeling "disappointed". Because the answers of your answers (when applicable) are in my post. Have no meaning to tell always the same things:

1. You are telling words not facts. Everyone know that you have told. The problem is that there is no volume (except China for which I have told that is different from the others). According to me. You have any data that prove the opposite of this? If yes show those to believe you. As about the mining it is the only way to create internal volume and as consequence black market.

But what is important in all this discussion is that bitcoin it is not known in most (or all) of those countries I have shown data about this. You have data that prove the opposite? Show those.

2. Words. Needed facts. If have show those. In those countries people barely find money for the everyday bread. But maybe I'm wrong. Show me that I'm wrong.

3. This point make me laugh. You are in a spaceship when speak about these countries. You have no idea about the life there. If are poor no one care about bitcoin or the internet. If almost poor and have not allowed to navigate in the internet, the people able to do such things secretly maybe are 10 or 20 (if are in such amount) in every country. And you think that they will create the internal bitcoin black market, the big volume and the sky-rocket price of it?

Anyone of these countries is not (cannot be) above of "almost poor". So all those are in the two above categories. No need to make other suppositions. But maybe I'm wrong. Show me with data that I'm wrong.

4. This point is incomprehensible for me. It is like I'm asking about the sun and you answered about the moon. Here, I cannot have wrong. I don't understand what do you mean. If you think that seeing the localbitcoins volume in Russia (where bitcoin is banned) and make (having in mind the amount of volume there) a comparison with the hypothetical one in North Korea I have no more explanations to made because are in vain. It is like make a comparison between Mozambique and USA. Or Nigeria and Great Britain. Or maybe I'm wrong. It is not possible to find a comparison because it is impossible to find two world that are so different and away between those. I cannot even laugh in this case. Seems too strange even to laugh.

At the end: There is no localbitcoins volume in any of the countries in question (naturally except China). According to this charts of localbitcoins: http://coin.dance/charts If you have any other data show those.

You again insist that the price of bitcoin in those countries will sky-rocket by the ten people which will be able to enter secretly in internet and all those will buy enormous quantities of bitcoin (with their salary with which barely assure the everyday bread) and those ten (which I am sure that don't exist but I accepted just to please you) will create a powerful internal bitcoin black market which will sky-rocket the price of bitcoin in every of the mentioned country with the people which have no bread to eat? You think that this people with care about bitcoin?

If your answer will be yes I surrender forever. I am not able to make you understand the situation on those countries. Or maybe you are so proud that can't accept to have wrong.  Wink End of story.
1274  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: October 22, 2015, 02:40:04 PM
As much as I think Bitcoin has a solid future, I can't do it, to me that is placing all my eggs into one basket.  That is way to hard for me to do.  I have a  house and bills that I need to pay so I don't go bankrupt or anything.

I like this comment. But I have a situation to propose to you: if the job with bitcoin can give you ten times more the actual job, what it will be your behavior? Bitcoin actually is convertible within minutes in to many places. You can convert all your salary in your national currency and with 1/10 of those do all the things you did normally with your previous job and 9/10 can be saved where you find the best place to save those or maybe even invested; not all but part of those. You cannot tell no to this situation. At least me not.

The moral of the story: Never exclude a priory any possibility without have the details of it. The details make and tell everything.
1275  Economy / Economics / Re: Bitcoin or gold? on: October 22, 2015, 02:29:04 PM
Gold has stability value, bitcoin its more volatile. Bitcoin needs more stability if it wants to become as popular as gold.

I think you need to rethink your data and opinion about the price of gold and the price and volatility of bitcoin in time. Below are the charts of price of bitcoin this year (which as you can see is almost stable) and the price of gold the last 5 years (which is decreased the last four years and half). It is not the first time that I give these charts but I see again and again people not informed. So needed to publish those again.

Bitcoin:




Gold:




1276  Economy / Economics / Re: The future of the paper money on: October 22, 2015, 02:14:33 PM
tha paper money is king..
paper money still be here until the goverment changed gold for real transaction.
 Shocked

I thought that me was the worst English writer in all bitcointalk. But I see that I have a strong concurrence. I read about ten times your last sentence, made to many combinations or guess various meanings but yet was unable to understand it. It is a wonderful sentence but incomprehensible for me. Maybe is again my English which is guilty.

Please don't misunderstand me. I'm joking (with myself and with you). But really what you want to tell with your last sentence?

Then you are not wrong with your postulate about the paper money. But you must remember that the Queen (credit/debit card) is more important that the King. But better ask an Englishman about this...  Wink

Waiting your answer about the meaning of the last your sentence. I make myself to many errors in my writings (which correct even after days when happen to read again my posts) so it wouldn't be a problem for you to write something like that...  Cheesy
1277  Bitcoin / Bitcoin Discussion / Re: Pay for the companionship of a Supermodel with Bitcoin. All Money is Money! on: October 22, 2015, 01:50:00 PM
Interesting discussion on the subject on reddit. I thought it would be worth sharing with you guys here.

http://fallenangels.london/of-course-we-accept-bitcoin-all-money-is-money-2/

https://redd.it/3ouf0d

The escort are high level escorts in every direction. They are intelligent, most of the times well educated (college or university) and above all, sexy at the maximum. Are the best choice for that kind of people which have money and are alone. "Unfortunately" I am happily married and cannot taste those. Anyhow I will use never my bitcoin with those. I would use my fiat money. Cannot have fear to be known. It is a pleasure to be with those.

I am glad you are one of the few who understand the difference between a a high class escort and a standard one. On this level its usually about exclusive dates, events and parties and in most cases just be a smart listener. There are many blue-bloods who don't mind paying for a company of a intelligent woman.

Thank you very much for your special world about me. I can assure you that if I were young, have money and single would be more than happy to have the companionship of such kind of girls. Maybe be able to attract her so much and stay with her more than can be possible with my money. But even because the relationship which will be created in such conditions will much more enjoyable. Not because i doubt in their professionalism in doing their "duty". But because the attraction from both the parties (when born and exist) give something special to them; something that any amount of money is not able to create.
1278  Other / Beginners & Help / Re: How earn 1BTC a year? on: October 22, 2015, 01:24:48 PM
Can't be that hard for me. Providing I invest and don't spend so much, as to reserve as much as possible, by next years end I may have possibly a BTC or two.

I mine altcoins and trade them for BTC when the market rises for the coin in question.  I mine something at EOBOT for most of the daytime, then mine cloud for the night time.

That way I can keep some hash for 24 hrs at a time. Plus, I keep my little miner on 24/7 if possible for the coin I want to mine. This way has worked for me. Now have 0.01 right

now, because I started to do this recently. I occasionally stop at a handful of faucets to top up at times. I USED to go to faucets and spend the whole damn day doing those.

I remember actually DREAMING about trying to visually "do" a captcha on the ceiling on my room, it was so miserable. Never. Again!

I have no deep knowledge about altcoins. I had followed only two of those: Dogecoin and Latium. Both had principally only decrease in price since their appearance in market. Maybe some increases but temporary and not significant. This make me very dubious about those. But even after the various reading which told that mostly the altcoins is made from the various developers with the only purpose to earn money themselves. My questions are:

In which way you choose the altcoin to mine?  From where you understand that the price of altcoin you mine will have increase of price or will justify the spent had for its mining? You tell that you wait when the market raise to sell the altcoin mined. How do you know that the market for the altcoin you mine will rise?

Are to many the questions and you are not obligated to answer. But if you will do this I would thank you before. I want to learn more about altcoins.
1279  Economy / Speculation / Re: The Everything Bullish Thread (Bullish Media Center) on: October 22, 2015, 12:51:46 PM

Wonderful and very big news. A big step ahead. Maybe now the Central Banks of every country and first of all the European Central Bank will act according to them who are the most rigid (professionally) people in interpreting the laws. After those even the single Governments and the European Commission with the needed agencies connected with this news.
1280  Economy / Economics / Re: Is it better to save money or invest it? on: October 22, 2015, 12:43:08 PM
Invest for free and save your money.

Very short to be understood.

How is possible to invest for free? Then the savings of money after investing for free are the profits have from the investing for free? Or the meaning of all your sentence is to take it all a whole? So in other words is invest saving money? Put the money in a bank or something like that and take the interests from those?

How is this story? I'm asking because I cannot understand the expression "invest for free". What does it mean? It is very attractive as a expression.
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