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13021  Other / Politics & Society / Re: Meanwhile in Ukraine... Revolution. on: May 26, 2014, 10:03:51 AM
One has to just love the elections in those countries:
Crimea over 90% , Ukraine now with 85%.
Pretty sure the other provinces will have their own elections again with 80-90% in favor.


13022  Economy / Speculation / Re: URGENT, Bitcoin is on the verge of collapse !!! on: May 26, 2014, 10:01:14 AM
MtGox in action again  Smiley
We have again the same scenario.
Hey all you igorr haters (including me) it looks like he is right about MTGOX manipulating the market.  Read this:

http://willyreport.wordpress.com/



That is on interesting article but I think that the conclusions are a bit wrong.
You can't say that the whole hype was built on willy and like the author does whenever willy wasn't buying the price went down.

What if the bot was stopping intentionally and what if he bought more based on the market trends?

There are plenty of other reasons for the price to go back up again , and willy can be replaced with a natural buy order.
13023  Other / Politics & Society / Re: Putin sells GAS to china on: May 23, 2014, 02:09:25 PM

Is there a way to read the article without logging in or paying?
13024  Economy / Speculation / Re: URGENT, Bitcoin is on the verge of collapse !!! on: May 23, 2014, 01:55:13 PM
I'm gona necro this thread in 2050.  Grin


I'm going to necro this thread every week until the OP (troll) leaves the forums, or until he's right. Guess which one comes first?

He's still lurking the board but he stopped posting.
https://bitcointalk.org/index.php?action=profile;u=124886;sa=showPosts

Check his reactions from the 20th.
13025  Economy / Trading Discussion / Re: Cost of Money Transfer to Russia, China, Uganda etc on: May 23, 2014, 01:48:31 PM
Unfortunately I think Western Union is one of the most common ways people send remittances back home. My buddy sends $300 a month back to Vietnam and it costs her 9% including the transfer fee + the currency conversion fee on her mother's side.

If you send smaller amounts (such as $100), then the fee increases to more than 15%. This is daylight robbery. They are charging as much fee as they wish, because they are having an absolute monopoly in the money transfer sector.

They don't have monopoly in the money transfer program.There are plenty of services for money transfer and a lot of alternatives like Moneygram , the one my relative use.

The problem with WU is when you send small amount but on larger sums , bitcoin is not a solution either.
Indeed WU is taking 10- to even 20% of small amounts like 100$ but when it comes to 10 000 the percentage is much smaller.For example 100$ it costs me 10$ , for 1000 only 25$.


In case of bitcoin , if you want cash from those bitcoins you're going to deal with the rates dealers have and in my humble case (living in eastern europe) with only 4 or 5 active traders in the whole country I'm losing 10% on any amount.



If you're in Europe couldn't you just use Bitstamp and take the SEPA withdrawl for the flat fee of 0.9 euro? The "local traders" exchange rates only become a problem when there are no banks in your area that take SEPA/ACH, bank wires etc.

Sorry but we were talking about:

"Cost of Money Transfer to Russia, China, Uganda etc"  not between European countries.
13026  Economy / Speculation / Re: almost there.. on: May 23, 2014, 01:45:05 PM
Still waiting...

Like I said until it hits $457 or higher not worth going long..


I still think it will hit there in the next 72 hours.

China volume couldn't get it over the $547 , I guess there isn't enough buying power in China and their exchanges anymore.!!

There are some great shorting for $10-15 dollars both up and down between $514 -$541 , if you play your cards right you could make some easy money.


Lets wait and see.


PS. If it starts to break down make sure you have your short ready.. average short in , dont try to pick the bottom.  It all works out in the end..


It went 100$ in two days , that's a 20% gain in 48 hours and you called that not worth?
Wake up !!!!
13027  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.6 HARDFORK MANDATORY UPDATE on: May 23, 2014, 01:41:53 PM
DOGE price is based on BITCOIN.  It can not exceed that.

Just... No. Stop, you are embarrassing yourself.

O ya it isn't? Tongue What is the majority of doge traded for rocks? Im pretty sure Crypsty and coined up was all DOGE to BTC Mr Sockpuppet spammer.

Indeed you're right, for now. However, both Vault of Satoshi and Prelude.io offer doge to fiat trading, and Cryptsy will too as soon as they allow usd deposits.

DOGE will never get to that point although that is the wishful thinking. It will die if steps arent taken right now. (I like doge)

I remember a hero member posting before something like: "in the crypto world never say never , especially about joke coins".
Also I think goat said once "never underestimate 4 chan".

13028  Other / Politics & Society / Re: Britain to give sex change drugs to nine-year-olds on: May 23, 2014, 01:33:36 PM
Quoting the article in dailytrash:


Quote
Pauline and Debra have been married since 1990, when they were joined in a commitment ceremony by their rabbi

Rabbi , do Jews acknowledge such marriage?
13029  Other / Politics & Society / Re: Ethnic cleansing in Ukraine. on: May 23, 2014, 01:28:17 PM

I find it interesting to observe how such articles fail to notice the elephant in the room.

Statements from the article:
1. Russia seeks to to "grab" South-Eastern territories
 (1a. historic fact: Russian territory of Novorossia was illegally annexed to Ukraine by Lenin in 1917-1918)
2. Transcarpathia was illegally annexed to Ukraine by Stalin after WWII.
4. Western minorities seek independence.
5. Kiev should preserve territorial integrity.

From all that it follows that UN-prescribed self-determination of peoples is bad, that restoring historical justice is bad, that keeping a country united against the will of the people by use of force is good.

Wasn't it also illegally annexed by the Russians in 1944?
And I don't thin this is the only region with problems.

Just to make sure , you're referring to this one:
http://en.wikipedia.org/wiki/Carpathian_Ruthenia
not the one the Romanians claim?


13030  Other / Politics & Society / Re: Ethnic cleansing in Ukraine. on: May 23, 2014, 01:22:43 PM

More trash from the Daily Mail. Only a small mention about the civilians killed and property destroyed by the Right Sector. And the article claims that the Donetsk People's Army was responsible for the Volnovakha incident, although it seems now that the Kolomoysky bandits were responsible for it. No mention about Kolomoysky in the article as well.


I am not a big fan of the Daily Mail. But I don' think that they are any worse off than the other popular British trash, such as The Guardian. All of the major dailies in the UK do have a tarnished reputation. And DM is no different.

You're still reading that paper? That ain't no newspaper it's a piece of electronic toilet paper.
13031  Other / Politics & Society / Re: Putin sells GAS to china on: May 23, 2014, 11:26:35 AM
Got this one from another link , it's in russian so i can only guess what it really means with translate :

http://m.forbes.ru/news.php?id=258087

Contract payments "Gazprom" and the China National Petroleum Corporation (CNPC) for the supply of Russian gas to China is planned to be in dollars, Energy Minister Alexander Novak on the sidelines of the St. Petersburg Economic Forum on Friday. It transmits RIA Novosti .

Is this part right?

13032  Other / Politics & Society / Re: VISA & MASTERCARD blocked Russians from accessing their money on: May 23, 2014, 11:06:59 AM
Right. As expected Visa and MasterCard came to an agreement with Russian lawmakers:
http://www.forbes.ru/news/258103-visa-i-mastercard-dogovorilis-s-pravitelstvom-ob-usloviyakh-raboty-v-rossii
The details are not given.

After all that barking about how visa and mastercard can get the of russia if they don't pay an agreement with no details given to the public seems like I was right , Visa has the upper hand.From what i can read with the google translator it seems like they need at least 6 years to create their own payment network.

They would do it faster with bitcoins.
13033  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MastiffCoin [MAST] ~~ X11 ~~ LAUNCHED ~~ BitTrex ~~ Get in early!! ~~ on: May 23, 2014, 10:51:24 AM
very low price Wink

Not really , I'm amazed that the price is linear.
When I saw the announce about bittrex i was a bit disappointed that I didn't catch it but looking at it back there was no chance for any swing profits.
13034  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BTCtalkcoin [TALK] - Pure POS - Multipool Ready! - AirDrop Coming Soon on: May 23, 2014, 10:48:00 AM
We are loosing to UFOcoin ( nothing against but fuck.....):



TalkCoin ( the forum coin )


And the wallet is working for me ( until now at least):



And where is the DEV?

Look at the bright side , the coin is just 10 places below peercoin Smiley.
Doesn't that make you feel better ?
13035  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.6 HARDFORK MANDATORY UPDATE on: May 23, 2014, 10:43:49 AM
When people are concerned that Doge is still going down is the best time to buy, and when people are going nuts saying it will keep going up is the time to sell (at least part of your holdings)
DOGE will go back up to at least 100, and (possibly) very soon.  Smiley

why do you think it will go back to 100?

Because it has done the same thing in the past.
Because unlike the other coins even with price sinking the people holding doge didn't care and never fled the ship like with other coins.

Because there are still projects going with doge , people are willing to donate to them and the activity in the reddit forum is unmatched by any if we exclude bitcoin.

What do other coins have? pump and dumps? They have nothing.



13036  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] UniversalCoin (UNV) - The 0.01 BTC minimum value coin - on: May 23, 2014, 10:38:45 AM
In simple words, you won't be able to write under 0.01BTC when placing selling/buying orders, on exchanges platforms.

So, ignoring for the moment that you will need any participating exchange to enforce that somehow ... since you are offering the IPO coins at half that price - 0.005 per UNV - you are promising to double the money of every IPO investor?

Do you see a possible flaw there?

Honestly , I think we should stop bothering with him.

The idea of trying to maintain btc price has failed and was rejected by the community and how this guy with no economical insight want to try a failed project all over again.

It's just advertise for this ipo , nothing else than a publicity stunt.
13037  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] UniversalCoin (UNV) - The 0.01 BTC minimum value coin - on: May 23, 2014, 10:36:34 AM
If you think twice, if crypto projects will be very designed to absorb whole mass monetary, well it must be such a calculation.

But all crypto projects are only dump coin and offer nothing to change the society.

Just think about it in real economic way  Wink

How about you answer the question, "in a real economic way" ... How will you guarantee a minimum value of 0.01 BTC?

He is basing his assumption on the thing that he wants to sell the coins at the price of 0.01 each.
By this people won't be interested in selling lower and going at a loss , thus maintaining an artificially inflated price.

The only problem is that there might be no buyers and some of the owners will start selling to cut loses , which will brake this artificial wall.

The point you don't understand guys on UNV, is that UNV hasn't been thought for speculation and trading .

The PBM is that you only think in terms of benefits, but the UNV project is only thought to be a real alternative to $, €, £ (...), and the only fact that UNV will be 0.01 BTC (equivalent) is enough for the economic plans.

As for example when you buy any product in a shop, you will buy it to only use it, not for sell it for an extra value or sell it under the price, but just use it.

As the same when you exchange $ for €, you don't expect to make benefit for that (uless you're an $/€ trader of course!!), but just need € in order to pay things if you go to Europe.

That's as simple as that.

In fact we don't really need it to be more than 0.01BTC, but if it goes up it, well, good, but it won't change anything to the plans.

Got it ?

STOP ALWAYS THINKING IN A BUSINESS WAY.  Wink


You mae even less sense with this.
What do you plan on doing .. selling the uv at 0.01 btc and offering services in uv at this rate?

Are you able to run this kind of operation?
And even if you are able to do this , there is another flaw in your thinking.

Even the  the dollar the euro are oscillating , how can you fix the price?

In a free market , you can't do it.
13038  Other / Politics & Society / Re: Putin sells GAS to china on: May 23, 2014, 10:32:27 AM
WW2 - fought to contain Germany and prevent them from conquering Europe. . .  

2014 - Germany has conquered Europe.  Germany they get 100% access to all the 'colonies' (EU) and also get the best and talented of the Eastern Bloc and Iberia.  Germany gets all the Arbeiters (Slave workers) they want from Europe and Generalplan Ost also happens too (Germany assimilating Slavic and other European migrants)   Like in Lebensraum plans, Germany products face no competition in Eastern Europe and German firms get 100% access to natural resources and agricultural lands in the east.


They get those workers because they pay more for their skills that the only reasons. Because they offer the money , the living and the working conditions people want. Else they would stay in their countries.

And that totally contradicts your second argument about slavery.

Why aren't they facing competition? Why aren't the products from your country doing the same?

Because half of Europe is made out of lazy people who want money from the goverment just because they were born there.



13039  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Cinni | PoS | No premine | No IPO on: May 23, 2014, 10:22:28 AM
It can't be that every coin i invested move in unwanted direction. I invested in cinni at 0,0001 btc price. If now it will not grow at least to 0,00015 btc then i will be the worlds loserest loser in cryptocoins. It just can't be. Not so many times one by one.
I invested in litecoin and next day in fall in 3 times. I invested in auroracoin and it fall in 30 times. I invested in fluttercoin and in fall in 6 times. Etc. it is crazy. From 100k usd to 3k usd i came now. Wow

I think that you are buying on the hype waves and close to the top.
It's either you stop doing this and change your trading strategy or you stop doing it altogether.

The essence of making money is to buy low and sell high , not buy when the coin is near the peak.

13040  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SYNC]X11 | POS| 1,000 Coins| 1 day mining left| NOW ON MINTPAL on: May 23, 2014, 10:18:36 AM
Your getting to hung up on 1 for 1 pricing if 1 btc is to much for 1 sync consider this:
If these coins had there current Market Cap but only 1000 coins like sync (instead of the millions or billions they have) then
the current price would be:
1 ltc =597.33 BTC
1 Drk= 83.46 BTC
1 Ripple= 81.06 BTC
1 BIL= 2.97 BTC
1 Doge= 68.93 BTC
1 PTS=13.45 BTC
1 NMC= 38.98 BTC
1 BC= 12.90 BTC
1 PPC= 93.34 BTC
1 CINNI= 1.3 BTC
1 NXT= 76.74 BTC
1 VTC= 8.61 BTC
1 FTC= 6.54 BTC
1 Zet= 5.64 BTC
1 MEC= 4.36 BTC
1 XPM = 7.72 BTC
1 QRK= 8.52 BTC
1 MAX = 2.62 BTC
1 WDC= 2.87 BTC
1 MINT= 1.53 BTC
1 NVC= 3.17 BTC
1 IFC= 3.02 BTC
1 MSC= 28.68 BTC
1 XCP = 11.536 BTC
1 MAID = 9.83 BTC
1 PND= 1.12 BTC
1 RDD= 1.4 BTC
1 PRT= 1.36 BTC
1 YBC= 3.21 BTC
1 DVC= 1.1 BTC

So using your logic if you don't think Sync is unervalued now for everything it offers then go buy a quark at 0.00003510 but realize on the scale to Sync your actually paying 8.52 BTC for the same % of the marketcap that Sync currently offer at 0.64btc.  I know which one I will take!

Also once POW is done if the multipool has 240 GH that will pump about 25 to 40 btc into Sync.  Now that's only the X11 side of it and at the current price 40btc a day could buy every Sync in 14.05 Days.  

We've had earlier this kind of experiment with low number of coins with 42 coin and others and it went pretty bad.
Impressive time spent on calculating the whole wall above but it seems like the math of the market is doing it in another way.

Price is down 15% from the moment I was first looking at the coin , still waiting before buying in.
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