Recently I have been agitated as hell that btc has never come close to showing signs of return to a respectable value, so I figured wtf I'll try trading, and while in the past two weeks I am doing well overall in my trading, It would take me months of this to recoup my losses, and I cannot watch charts and shit all fucking day.
Do you even need to 'watch charts' to be a trader. All they do is buy low sell high so just put your coins on an exchange and put some sell/buy orders in and let the bots to the trading for you. You can make a little money on the side and it doesn't need to be a full time career. you know what normally happens to people who leave coins on exchanges ??
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Crypt-shit.
Stay away.
ive been telling people this for about 2 yrs but nobody ever listens until they take a hit so why bother ............ they wont learn until it bites them in the ass ,and in most cases,deservedly so .....
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The chart measures total public debt, instead of per-capita debt or debt/GDP. This is why the large economies (US, CHina, Japan, India, Brazil) are shown in red.
List of countries ranked by debt/GDP (hey, at least we're not in the top 10). Japan 237.918% Greece 158.546% Jamaica 146.591% Lebanon 139.527% Italy 126.978% Eritrea 125.785% Portugal 111.556% Ireland 117.122% Grenada 112.567% Singapore 111.017% United States 106.525% (data from 2012) 53% of total foreign investment in thailand is from japan 1.2 Trillion dollars of US debt is owed to japan how can japan be lending out so much money if they are in such deep shit themselves ?
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Oil is looking good for the long haul. Its pretty cheap to buy right now.
There are reasons why it is cheap. as soon as fracking gets banned for environmental damage it causes ,oil will go back up
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the boffin guy who was the front man in usa should be facing felony charges for fraud and deception and god knows what else
its unbelieveable that everyones just letting him off when he was responsible for the USA fronting of the company
WTF is the accountability for him ?
Doesn't exist. Deleted his reddit & twitter accounts. Just into the thin air... Chat logs show that he knew he was being negligent and should investigate his anonymous partner, yet decided willingly not to. The company accounts and american name i believe was in his name. So how is it that he has dissapeared, and nothing... I don't even believe there is a real court case on this. All BS the guys name was landon iirc if he opened bank accounts for moolah /mintpal stateside someone will have his details no reason he should go scott free at all ,hes totally responsible for the usa side of the scam and partially responsible for the other countries when he agreed to the manager of a scam You can find his information on my site, network23.org/dogecoin - look on the "moolah resources" page, may actually be on a subreddit i made a while back - you'll see it on the network23 site. i didnt lose anything but i still think they both should be punished the amount of bullshit in this thread is unbelieveable they both need to face criminal charges but i cant file them because i havent lost anything someone who lost coins or money needs to do it in uk and us Landon(theBoffin) is named in the Syscoin High Court action(bankruptcy proceedings) going on at the moment. Thoughg him being in the US and the actin in the UK means he prob gets away scott free! i agree he should go down, or at least face some tough questions. As far as i can see he has done nothing apart from keep quite and hide! he could easily be charged in the USA for fraud as he opened bank accounts and fronted for a company which he likely knew was a scam there is no criminal proceedings the uk either as far as i can see ryan kennedy has not been arrested either they are both scott free and probably posting on this thread under differnt accounts as some of the posts are highly defensive imo
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I'd be happy to go back to $1 and do the whole thing all over again! Can we?
so do not expect when returning to $ 1, because I would be a big loss I wouldn't mind going back to 1$, we need redistribution of Bitcoins, i want to see whales panicking. the whales probably have millions in cash and other assets so theyre probably the last ones who will panic millionaires are unlikely to keep 100% of their wealth in btc alone if anyone panic it would be the small fry that make their crumbs spreading FUD and shorting btc
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so do i understad right: Bitcoin is over - one way or another?
No matter which side wins the argument, bitcoin is done and will cease to exist?
another retard ,just what the doctor ordered..........
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It's kinda weird hearing people speak about the space scarcity in blocks as a 'limitation'. The same way 21m had been presented as one since "not everyone will ever be able to have one full coin".
Direct access to the blockchain for everyone is not necessary for bitcoin to achieve disruption.
So what's the perfect scenario in your opinion? Are you in favour of leaving the block size as it is at 1mb, hoping that more transaction will fill up the blocks to the max and cause the tx fees to increase accordingly? Or would you prefer to introduce sliding scale fee structure (higher tx amount - higher fee)? one of the unique and beneficial attributes of btc is you can send someone a 50 cent tip or a million dollars for almost nothing in transaction fees i think it would be a big mistake to put higher fees on higher tx amounts and i would vote against it ,raise the block size if necessary and prune the blockchain is a better idea imo everyone doesnt need the last 6-7 years of history ,there must be some way to let new users download the most recent portion without the previous 6 years or just the headers instead of every entire block etc its already a 33GB download ,imagine that increasing exponentially ,nobodys going to download it all when it exceeds 100GB but i suppose we could all use "lite wallets " etc but that would also weaken the network if most people were using multibit etc
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First off. Wealth is not money. Again. Wealth is not... money. Wealth is things produced by other people that make us feel better off. It is therefore limitless. Enjoying someone singing is wealth. Someone else digging a hole then filling it in is not wealth. It might be a job creation scheme but it is not wealth. Therefore it is physically impossible for 1% of the population to actually have half of all the worlds produced wealth, or half of everything being created. However, it is possible for 1% of the population to be in someway responsible for producing half the worlds wealth and this could be partly why half of all the money or IOU's in the world, has ended up with them. Which means the other 99% of us should maybe be grateful to and encourage the 1% because without them we might all be half as well off.
And yes, I am so extremely grateful for the 1% and their money laundering, tax evasion, fraud, neglect of social responsibility, impoverishing of society, desire to cut social programs, and overall self righteousness Youre Welcome
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this should be introduced at the same time as blockchain pruning if possible nobody wants a blockchain thats growing by 1TB+ per year but we do need to fix the scalability to handle a lot more transactions sooner or later but i dont know enough about the pros and cons to decide whether it needs to be done right now or when it comes closer to being a problem
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is there anyone else in the btc foundation who oposes this change ? id like to hear from the others what they think about it and not just gavins side of the story
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and to whom do we owe this debt?
about 1.3 trillion to china ,1.2 trillion to japan and the other 12 trillion is national debt to the fed ,4 trillion has been printed fresh via quantative easing interest alone is nearing 450 billion a year
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sorry for the stupid question but if a block today is 1mb, after the hard fork, will it still be 1mb? or will they all be 20?
I mean, if the size automatically adjusts to the need, then it will not create a larger blockchain at all, because the transactions are there and need to be processed sooner or later
Bigger size and lower fees lead to more traffic and thus higher blocksize. If you implement it, the space will be used. The chain also becomes vulnerable to attacks by spam. Malicious parties can bloat the chain to the max size and they will. malicious parties could overbloat the chain no matter what size it is ,just get 2 wallets and send transfers back and fourth to yourself 24/7 or is that not possible ?
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who would hack a new account with 6 posts ?
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Unchartered territory, nobody knows how big btc crypto is going too get.... It could be epic beyond all our wildest dreams in a couple of years
fixed it for you it didnt need fixing ......btc is the king of this castle fuck the 600+ shitcoins
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And who says bitcoin is not the solution to all these problems.
Well, Bitcoin can easily crash too. It happened a bit ago, no one can predict it going to complete 0. As far as Bitcoin being a solution for an economic meltdown, I just don't see that happening. It's no surprise Bitcoin isn't a mainstream thing, so for people to say, "forget fiat, hello Bitcoin" to a currency with fluctuating prices, I see that is least feasible. The US needs to stop getting so involved in foreign affairs. Keep manufacturing in the country and maybe we wouldn't owe trillions to China. The problem with that is a us workforce costs 5-10x times more than China or Pakistan or Phillipine or Vietnam etc That spread will have to be closed, don't you think? i think as long as there are millions of people in the third world willing to work in sweatshops for $1-2 a day (children included ) then theres no way manufacturing will return to USA or northern Europe where we have human rights and minimum wages and workers unions even the huge companies like apple and Nike are happy to exploit these countries while selling their goods for top dollar prices in "rich countries" i dont see that changing anytime soon
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Why only dig up the negative threads?
Why not dig up the threads of goat buying a Lamborghini Or that guy who bought the first tesla electric car for btc?
Some people made a killing over the last few years on btc and don't even need to work anymore but only the Few gets a mention thesedays......
past performance doesn't need to be an indicator of future performance especially after all supportlines were broken. Unchartered territory, nobody knows how big btc is going too get.... It could be epic beyond all our wildest dreams in a couple of years
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McDonalds and Bitcoin is a couple meant to happen, will be so cool to buy burgers moving your smartphone.
yeah it was very cool, if possible all the fast food will accept bitcoin as payment? i don't see why they couldn't if some bars can accept it for beer.... Probably just a matter of time
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And who says bitcoin is not the solution to all these problems.
Well, Bitcoin can easily crash too. It happened a bit ago, no one can predict it going to complete 0. As far as Bitcoin being a solution for an economic meltdown, I just don't see that happening. It's no surprise Bitcoin isn't a mainstream thing, so for people to say, "forget fiat, hello Bitcoin" to a currency with fluctuating prices, I see that is least feasible. The US needs to stop getting so involved in foreign affairs. Keep manufacturing in the country and maybe we wouldn't owe trillions to China. The problem with that is a us workforce costs 5-10x times more than China or Pakistan or Phillipine or Vietnam etc
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