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12881  Economy / Trading Discussion / Re: Do you use a bot for trading? on: October 06, 2016, 03:14:01 PM
This is something I'm totally unfamiliar with. How does a trading bot work? Do you program it with price targets or desired profit? Do you have to keep a constant eye on it? Do they run wild occasionally? Someone enlighten me.
12882  Other / Politics & Society / Re: Tesla a solution to the problem or a distraction from it. on: October 06, 2016, 03:07:26 PM
The cheapest Tesla you can buy where I'm at costs about $90,000. The most advanced ones are about $150,000. I've seen loads of them so they're certainly appealing to someone. In my country they get huge tax incentives as company cars so that's the primary reason.
12883  Other / Beginners & Help / Re: Am new to Blockchain/Bitcoin. on: October 06, 2016, 03:02:35 PM
To mine Bitcoin these days you need free or negligibly priced electricity, several thousand to several million dollars to buy the specialised machinery and somewhere to keep them all. There are very few people and areas where anyone can make a go of it any more without losing their money.
12884  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2016, 02:59:02 PM
and that's with a stable price in last 3months. Where is the volume coming from?  Huh can't be same people selling to themselves just to pay exchange fees 

Because there's over 15 million potential other coins ready to be sold? And why wouldn't the same bunch of people be buying and selling the same coins to each other? With leverage you don't need vast movements to be making money.
12885  Bitcoin / Press / Re: [2016-10-06] Will investors flee to bitcoin in times of distress? on: October 06, 2016, 02:56:08 PM
I'm stuck in the UK and my coins have done very nicely out of the pound's fall. But for someone coming cold to it, I really don't think it's a realistic option. Proper traders are going to realise how tiny and warped the Bitcoin market is. You can't run to safety when the market itself is fundamentally a joke.
12886  Other / Politics & Society / Re: No Trump or Clinton? whose left? Who would you vote for? on: October 06, 2016, 02:54:01 PM
Out of pure curiosity I'd like to see how a libertarian president would operate so it's Johnson for me. But no one should pay any attention to my opinion. I voted for my last candidate because she liked driving tiny trains around.
12887  Other / Off-topic / Re: Would u still use Bitcoin if u were a USD multi millionaire? on: October 05, 2016, 07:30:42 PM
Sure. I'd use it to buy my big ticket items and force people to accept it by shouting, screaming and setting my bodyguards on them. Nothing like spreading the joy.
12888  Other / Politics & Society / Re: LeBron James: Why I'm endorsing Hillary Clinton on: October 05, 2016, 07:27:25 PM
Why would people care what a basketball player endorses for Presidential election. He is only good at playing basketball and nothing else.

Me too. This is something I've never understood. I've no interest in the opinions of celebs outside their fields of work. I suppose enough other people are so that's why they spout so much rubbish. They're good for highlighting important causes. I don't want their opinions.
12889  Bitcoin / Press / Re: [2016-10-05] Is the Central Bank of Kenya Threatened by Bitcoin? on: October 05, 2016, 05:09:06 PM
Sounds pretty much the same as what every other central bank has come out with regarding Bitcoin. Business as usual.
12890  Economy / Service Discussion / Re: Dark marketplaces? on: October 05, 2016, 05:01:47 PM
Indeed but a lot of dark marketplaces show the trust levels of the seller so that's a cool feature like on ebay for example.

It's not the sellers you have to worry about, it's the site operators doing an exit scam. That seems to be a recurring theme and it'll never go away until they're fully decentralised. The temptation is just too high to disappear and it's not as if you're depriving starving orphans either.
12891  Other / Politics & Society / Re: Tesla a solution to the problem or a distraction from it. on: October 05, 2016, 04:55:57 PM
They can do 50 mph. That's about 49 more than I'd feel safe doing. I used to see them quite often in the loony left parts of London. I wouldn't fancy my chances in a cat fight with a bus or granny with a zimmer frame for that matter.
12892  Bitcoin / Mining speculation / Re: I'm New - Need BTC Mining Help on: October 05, 2016, 04:54:09 PM
Can you tell me 1 place in the US power is this cheap?

The few Bitcoin miners there are in the US seem to congregate in Washington State. Even then the power there seems to cost about 7c commercially. I think they recently jacked up the rates.
12893  Other / Politics & Society / Re: Tesla a solution to the problem or a distraction from it. on: October 05, 2016, 04:48:39 PM

What's wrong with him? Good car. Maneuverability, discreet, compact)


Have you ever looked over one of these things? They're based on French microcars and they're exempt from car safety standards. In the UK they're classed as a quadricycle whatever that is.

The dashboard is made of what appears to be the stuff they make egg cartons from, you can flex it by about 12 inches in either direction. The chassis is a spaceframe made from the same tubing they make school chairs from. I would not want to have my life changing crash in one of those things.
12894  Economy / Trading Discussion / Re: Mistakes in trading that lead to loss of money on: October 05, 2016, 04:46:32 PM
My biggest mistake was ever attempting it in the first place. I'm utterly crap at it. I've also been crap at dismissing the dead certs. When ETC popped up it was 0.0007. I thought 'hmm, this is a no brainer... nah'. When I woke up it was 3 times or so higher.
12895  Other / Politics & Society / Re: Tesla a solution to the problem or a distraction from it. on: October 05, 2016, 04:27:46 PM
If Tesla really meant it they'd be selling rejuvenated old Fords with recycled washing machine engines. If you ran a twenty year old Hummer for the rest of your life you'd probably have less environmental impact than a new Tesla.

That said, they're removing the excuses people have always made for electric vehicles and actually making them a desirable choice too. That seems almost inconceivable compared to just ten years ago when you had stuff like this to pull the chicks with.  



The electric car does not help to reduce emissions because in order to produce the electricity that you charge your battery power will not harm the nature less.

It does give you chance to centralise power distribution and power's becoming ever less offensive in most parts of the world.
12896  Other / Off-topic / Re: How to tell your Girlfirend about BitcoiN?? on: October 05, 2016, 04:20:27 PM
Shove a Casascius coin up your urethra. When your woman spots something a little strange about your glans, namely the blood and ripped flesh, you can get her to yank it out. Hey presto, you've got yourself a wonderful conversation piece.
12897  Economy / Speculation / Re: Dump or long term goals? on: October 05, 2016, 04:15:12 PM
I've no plans to ever sell, but for others it does make sense to get some benefit from a rise. Hopefully by now people are wise enough to figure out that a journey to the stars always concludes with a significant fall again. It'll be interesting to see how many people hang on to this if there ever is a proper bubble again. I suspect most of them will throw their hard won prudence straight out the window.
12898  Economy / Service Discussion / Re: Has anyone used shop2bitcoin? It's 'cash back' for shopping, paid in BTC on: October 05, 2016, 04:12:03 PM
How do cashback sites operate in terms of your subsequent details when you go through with the sale? Is it possible they could intercept something if you click through them?

I would absolutely love bitcoin via cashback. I use cashback sites whenever I remember to. Never heard of this one though.
12899  Economy / Service Discussion / Re: BFX tokens; worth anything? When? on: October 05, 2016, 04:08:43 PM
Regardless of the state of the BFX token market, it certainly beats the pants off being a Gox victim. Years down the line there's still no money and still no answers. The way Bitfinex operates has always been a tad whiffy but at least there's a fighting chance of being made whole still.
12900  Other / Off-topic / Re: Why are there only questions in this part of the forums? on: October 05, 2016, 04:05:32 PM

there is always the "tom8o tom@o" debate that proves even Americans are not 'proper' English linguists


They say American English is closer to Olde English than what comes out of British mouths. However I predict that within 40 years we will all be speaking Google Translate. That's far more effective than Newspeak in controlling our thoughts because it turns them into incomprehensible garbage.
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