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15201  Bitcoin / Bitcoin Discussion / Re: If only Friedrich Hayek was alive today... on: January 27, 2015, 11:11:40 AM
for lack of a better word of technology breaking down the governments' monopoly on the money printing business.  Grin
15202  Other / Beginners & Help / Re: How to hedge with Bitcoin on: January 27, 2015, 11:08:29 AM
if you're used to trading forex with high margin, then you'll love bitcoin for sure even without margin.  Smiley
15203  Bitcoin / Bitcoin Discussion / Re: Winklevii will become one of great capitalist barons of this century! on: January 27, 2015, 11:05:42 AM
Quote
Winklevii will become one great capitalist baron of this century!

15204  Bitcoin / Bitcoin Discussion / Re: If only Friedrich Hayek was alive today... on: January 27, 2015, 07:55:29 AM
You can't make a post about Hayek without including this:

https://www.youtube.com/watch?v=d0nERTFo-Sk

haha
15205  Bitcoin / Bitcoin Discussion / Re: BurtW arrested on: January 27, 2015, 03:29:35 AM
feds really serious about ordinary (but brilliant) people messing with their monopoly of money.  i say keep making those altcoins.  give the powers that be one giant headache.

this documentary about money and economics is a must watch for bitcoiners and altcoiners...  https://www.youtube.com/watch?v=A8bfTjp6Xw0&app=desktop
15206  Bitcoin / Bitcoin Discussion / If only Friedrich Hayek was alive today... on: January 27, 2015, 03:23:56 AM
He would definitely love what's going on in the crypto-currency scene.  He was an advocate of the "privatization" of money.  Watch this documentary...

https://www.youtube.com/watch?v=A8bfTjp6Xw0&app=desktop

It's a must for bitcoiners and altcoiners alike.
15207  Bitcoin / Bitcoin Discussion / Re: What are some reasons you think Bitcoin will grow in 2015? on: January 21, 2015, 01:29:07 AM
It grew in 2010, 2011, 2012, 2013, and 2014. Heck it's growing now.

dude.. don't tell us.  tell her!  Grin
15208  Alternate cryptocurrencies / Altcoin Discussion / Re: How fast can eMunie go? Heres how fast.... on: January 21, 2015, 01:24:58 AM
... the global transaction processing capability of the eMunie network will be very high indeed, as 10 nodes can process 30-35 tx/s average, and the scalar as the network grows should prove to be near linear, 1000 nodes could in theory process in excess of 20,000 tx/s globally.

That's fantastic! Bitcoin is only 7 tx/s and 20,000 tx/s looks like a VISA network Smiley So.. can I say eMunie is a Bitcoin KILLER and direct competitor of VISA? Cheesy

yes you can. Grin

but we'll see when it officially goes live.
15209  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Bitshares Undervalued by 60 times (60x)? (ARTICLE) on: January 21, 2015, 12:40:08 AM
don't get me wrong, i support bitshares too but that article sounds so desperate you can smell the shill.

Who cares about the first article then, what do you think about the 2nd one?

lol. already posted at main btc sub forum. 
15210  Bitcoin / Bitcoin Discussion / Re: The Secret In Making An Altcoin As Successful As Paypal.Com [ARTICLE] on: January 21, 2015, 12:38:01 AM
Very interesting post for anyone wanting to make a successful altcoin or for the evolution of bitcoin

http://thevalueswan.com/the-secret-in-making-an-altcoin-as-successful-as-paypal-com/

OMG!  HE'S SO BRILLIANT! 

i mean seriously...  who wrote all those articles.  is he 12?
15211  Bitcoin / Bitcoin Discussion / Re: Waste of time on: January 21, 2015, 12:34:28 AM
Is the thread title about the thread itself?

Hehe!  Right you are.

Holy hell, you guys are right!  It's a thread within a thread...





wait til OP takes it even further.
15212  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin Will End the Nation State on: January 21, 2015, 12:31:21 AM
Satoshi Nakamoto set in motion the unraveling of the nation state and the end of central banking … two closely related institutions that have directed history since history has been recorded. When we come to understand the economic and technological implications of bitcoin, we arrive at a somewhat startling yet undeniable conclusion: that bitcoin will end the nation state.

We know what happened to organized religion in the wake of the gunpowder revolution. Technological developments created strong incentives to downsize religious institutions and lower their costs. A similar technological revolution is destined to downsize radically the nation-state early in the new millennium.

– James Dale Davidson,  William Rees-Mogg, The Sovereign Individual


Three reasons why bitcoin will end the nation state:

  • Bitcoin as an Economy Independent of the Nation State
  • Bitcoin is a [Nationally] Untaxable Money Supply
  • Bitcoin Transitions the Nature of Violence

These factors combined will ensure that the nation state as it exists today will be irrevocably disrupted in a societal shift unseen since the dethroning of religious institutions during the 15th and 16th centuries. This time, the major difference is that it will happen much more quickly, and have much more pervasive effects than almost anyone is anticipating.

Read the full post here: http://diginomics.com/bitcoin-will-end-the-nation-state/
Watch the accompanying video here: https://www.youtube.com/watch?v=rL66iCVZ6mE

BTC

cool. but not in our lifetime.
15213  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Bitshares Undervalued by 60 times (60x)? (ARTICLE) on: January 21, 2015, 12:22:56 AM
don't get me wrong, i support bitshares too but that article sounds so desperate you can smell the shill.
15214  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Bitshares Undervalued by 60 times (60x)? (ARTICLE) on: January 21, 2015, 12:19:45 AM
http://thevalueswan.com/is-bitshares-undervalued-by-60-times-60x/

What I find lacking in this article is the fact that Stellar is probably undervalued by 60x as well.

It all comes down to the transaction speeds and what ecosystem/features the crypto brings to the table.

I find this next article to help anyone thinking about making an altcoin

http://thevalueswan.com/the-secret-in-making-an-altcoin-as-successful-as-paypal-com/

a shill.
15215  Alternate cryptocurrencies / Altcoin Discussion / Re: The Best Coin To Purchase For a 1+ year hold? on: January 21, 2015, 12:15:40 AM
My bet is on AppleByte, launched on May 1, 2014.The digital currency supporting the arts.

A real user community, 11,200+ on Twitter & 11,300+ on FB.
Currently rated number 5, on CoinGecko in terms of user community size and support.

Through the Twitter tipping app, launched two months ago, over 280 artists have been tipped more than 85,000 AppleBytes by their fans.

For success longterm a coin must have a real, growing user community, not just traders on an exchange.




AppleByte Details:
Announce Thread: Announce Thread
Website: AppleByte.me
Facebook: AppleByteMe FB Page
Twitter: AppleByteMe Twitter

AppleByte (ABY) is traded on Poloniex and Bittrex

no volume in the market.  sorry.

i would like to point out for all newbie traders is never ever buy into a coin that has low volume.  when shit hits the fan, you wouldn't be able to get out without moving the price down drastically resulting in big losses.  pretty sure you would feel that you took it up the ass later on.   so be careful. 
15216  Alternate cryptocurrencies / Altcoin Discussion / Re: The Best Coin To Purchase For a 1+ year hold? on: January 20, 2015, 11:44:47 PM
Now that's a toughie...I'd have to suggest DOGE, because its community is unkillable. The remarks about it being a "cult" just shows you its staying power and grit.

But whatever coin you pick...I seriously suggest a monthly dollar-cost-averaging plan. It's the only way you can reasonably cope with price volatility.

Yeah, I just do not know if DOGE will really rise in value...I just believe that while blockchain will continue to live, Bitcoin may not, and no one wants to miss the next wave of wealth distribution lol

Okay. I've got another one for you if you're more of a tech-head: Nxt. It's "the" Crypto 2.0 altcoin. Rapid innovations, huge development team, lots of services built on it. Not much in terms of revenue streams for these services, as yet, but if crypto takes off again Nxt will rise hugely.

The trouble is, you specified "one year" and Nxt may still be grinding away in its long-term trading range a year from now. If you're willing to lengthen your time horizon to (say) two or three years, Nxt is the way to go.

If there's any downside to Nxt, its the drawbacks of its tech-centered culture. They've put marketing and evangelizing on the back burner, it seems. There's nothing wrong with that, but it does imply that Nxt will take a long time before it really takes off. 

the beauty of NXT is it is anyone can pitch in in marketing the platform. the core devs just keep working on the code and other devs can build apps on top of it.  it's a good set up imo.  all the NXT core devs need to do is speed up transactions and it's perfect (almost). 

i wish NXT was using a flavor of POW tho, like proof of capacity like what burstcoin is doing.  although i support a couple of POS projects, i still have my reservations regarding POS.
15217  Alternate cryptocurrencies / Altcoin Discussion / Re: The Best Coin To Purchase For a 1+ year hold? on: January 20, 2015, 11:34:40 PM
doge doesn't bring anything, don't invest in a meme ffs

hahaha I know, I have been having this dilemma for a very long time, but the community and acceptance is somewhat undeniable...

It is possible that in the long future, people will slowly forget about the meme, and the coin itself will prevail, then it will be just a funny story of how it got its name

and check this out..  http://dogecointimeline.com

doge has done a lot more good than most cryptocurrencies out there. not bad for a 'meme' currency. 
15218  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Dogecoin Is Going To The Moon on: January 19, 2015, 08:12:16 AM
Ghana Medical Help

"This fall we made our annual delivery of vital medical equipment to 11 hospitals in northern Ghana. This year we distributed 12 full skids and nearly 2500 kilograms of equipment we'd researched to be most needed."



https://imgur.com/a/vkfbS

https://www.reddit.com/r/dogecoin/comments/2svdds/ghana_medical_help_dogecoin_payoff_photos_from/

http://ghanamedicalhelp.com/

good job as usual.

good job as usual.  you guys are an awesome community.
15219  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Dogecoin Is Going To The Moon on: January 19, 2015, 08:10:08 AM
Ghana Medical Help

"This fall we made our annual delivery of vital medical equipment to 11 hospitals in northern Ghana. This year we distributed 12 full skids and nearly 2500 kilograms of equipment we'd researched to be most needed."



https://imgur.com/a/vkfbS

https://www.reddit.com/r/dogecoin/comments/2svdds/ghana_medical_help_dogecoin_payoff_photos_from/

http://ghanamedicalhelp.com/

good job as usual.
15220  Alternate cryptocurrencies / Altcoin Discussion / Re: No one takes crypto seriously. lol on: January 19, 2015, 07:54:05 AM
How can anyone take it seriously?

There are whales and then there are wanna be whales. In stock market you need skills to manipulate the market and you have to learn how to hide that manipulation or you'll be left with bags but in crypto people don't have that skills yet they try to manipulate the market. What happens is they're bunch of high school kids who think they're Warren Buffet but anyone who have spent little time with stocks can look at crypto and see when manipulation is going on.

you gotta learn somewhere.  it's good that these guys are learning thru experience.

Quote
Who falls for this "nooby" manipulation? other noobs who have no real experience with trading or people who wants to gamble their money. No serious trader would jump in crypto EVER!  

exactly.  that's why there are a lot of people here who lost their savings and are now making it their hobby to fud every project in alts.

Quote
Random coins getting pumped out of nowhere. I mean come on! How do you expect anyone to take it seriously when coin that has no real world use gets pumped x1000 within few hours.

These noob whales could make so much money ONLY if they learned how to be a trader before jumping in market. They still get profit but without proper experience they settle for 10x profit when they could easily make 1000x profit.

yeah.  the smart ones are not bagholders tho. i'd rather have 10x profit, which is really good btw, than holding worthless altcoins.  who's the noob in that scenario.

Quote
There is a reason why none of them have turned into warren buffet. They stupid as fck when it comes to hiding their manipulation. They give away too much information on chart that keeps serious traders away from said crypto.

Anyone with spare 500k can manipulate the shit out of crypto. In stocks it's called pocket change.

look at how much money is being poured in alts.  not a lot.  total market cap for all alts is way less than bitcoin's market cap alone.  the whole playing field in alts is 'pocket change' to begin with.  you'd have to get all that money, via whatever means possible to be a fraction as rich as warren buffet.  so in short, you cannot become a 'warren buffet' by trading alts with that total market cap.

if you came here just for the money, then you're in the wrong place.  just stick to stocks.
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