Now you live in some hole, so that you care not to say where exactly, but this in no case prevents you from making sweeping allegations, which, as it turns out, are not pertinent to the rest of the world? Good for you...
Good that you live in a country where you can be proud tolerate the government. Where I live i`m only getting robbed 80% of my income and get nothing back in return but shitty government services, more robbery taxing and lies inspiration, and propaganda "news". Plus you get the 4-5 year crazy ritual where everyone goes into a box and puts a stamp on a toilet paper ,in a ceremony , invoking the God of the Governments, and praying to it to make things better. Very crazy occult ritual this democracy is.  But you can always renounce your citizenship, I guess. Do you live in France? If so, some prominent characters have already done just that. So what are you waiting for? No i`m not from france. And go where exactly? There is no cm^2 on earth that is not claimed by a fucking government. They even fight amongs those tiny islands in the pacific with 1-2 km^2, they are everywhere. Some are better some are worse, but all of them want to control you and to steal your money, so there is not much alternative. |
|
|
|
Yeah, that's the reason why Bitcoins are being borrowed from people who are willing to give them away at a given interest rate. If you think about this, Bitcoin is actually one of the few assets where you can't borrow something that doesn't even exist in the first place (at least as long as the respective exchange doesn't play foul!)
Yea but if you borrowed it form someone who had it, that doesnt crash the price. Remember you first said about this manipulation crashing the market. If A broker borrows from B bank, then B bank must have that bitcoin to be able to lend it. If the guy then shorts it, then the market cap will stay the same. Unless that bitcoin bank is one of the original miners who mined it around 1cent/bitcoin, then he must buy it first, then lend it, and then short it through another guy. Of course since shortable instruments, in the fiat economy, use borrow-buyback method, it must have a swap interest, which is generally paid out of thin air.
So the question is, how are you going to pay swaps if you cant make out bitcoin out of thin air? |
|
|
|
Now you live in some hole, so that you care not to say where exactly, but this in no case prevents you from making sweeping allegations, which, as it turns out, are not pertinent to the rest of the world? Good for you...
Good that you live in a country where you can be proud tolerate the government. Where I live i`m only getting robbed 80% of my income and get nothing back in return but shitty government services, more robbery taxing and lies inspiration, and propaganda "news". Plus you get the 4-5 year crazy ritual where everyone goes into a box and puts a stamp on a toilet paper ,in a ceremony , invoking the God of the Governments, and praying to it to make things better. Very crazy occult ritual this democracy is. |
|
|
|
You're not going to get a disagreement from me on not having tax, but that world is far from the socialist one we live in. There are some things that I don't mind contributing to, like infrastructure, transportation systems, renewable energy, etc (all of that can also be done privately). These are things that directly or indirectly benefit pretty much everyone, and making it more efficient would help everyone. However a lot of the other bullshit responsibilities seem to fall under the government umbrella that I don't care for, and which are extremely expensive.
Indeed, i`m only annoyed with income tax, forced-by-gun-to-your-head-or-prison type social security and health care, and commercial/adminitrative regulation such as forced-by-gun-to-your-head-or-prison type accounting in business, and playing by government daddy's rules. Eliminate those, and they you are left with property tax, tariffs, and other excises, which if it's pluralized, not 1 shitty government service on monopoly like electricity companies government run and cause always powerouts, then it would be very close to minarchism  After that we shall see, but man the income tax and the regulations are just a bullshit tyrranical and totally useless things  |
|
|
|
Well all be dead by then so who cares, our generation made bitcoin, its the next generation's duty to perfection it or make it better.
We handled over the currency of freedom to our children, now they should weild this power responsibly and help bring freedom back to this "prison planet"
And why are you being so pessimistic? How about if we going to make this prefection in our time and let the next generation improve it? Its better than let them continue our work. If you being like that I dont think you will do the max into your life No you misunderstand me, i was saying that it's already out. The geenie is out of the bottle, you can't put it back, and that geenie is freedom. The tyrants have held freedom captive for so long, but now its out and its only a question of time until it becomes mainstream. Bitcoin is fighting the monetary front of freedom, there is also others ( government propaganda mainstream media vs alternative media , internet 2.0 , number of libertarians on the rise.... etc) We live in an amazing time, and this time will be remembered as the great change, when tyrrany will fall |
|
|
|
Either that might happen or AMerica will just send in the Turks to take a few islands for free.. No one wants Greece to thrive and unfortunately I believe even the Greek people have acted too little too late because they were busy enjoying the lifestyle life on debt. Ask this generation if they want to go and work in the fields? No way, they all wanna be singers and footballers now.. It's a shame..such a lovely country going to waste..I hope Tsipras can turn the country around and the People rally behind him. They really need that ministry of corruption to go into high gear and get all those relatives of Samaras on the lagard list.. If the Government gave me free land in Greece I would build crypto cooperatives all over Greece, am going to send them a whitepaper of my idea..see if anyone cotton's on..
Thats bullshit. People would want to work in the fields but the government doesnt let them. Do you know how many regulations you have to follow to be a farmer? Do you know how many taxes the EU puts on fucking farming equipment. The tractors are taxed by m^3 of fuel consumption, and all the fucking safety regulation is bullshit.
How about throwing the greek commercial code , fiscal code and all other government regulation, in the trash can, and let people trade and produce freely without restrictions.In 2 years Greece would be out of debt and will look like Hong Kong if you would do that
But are you praising socialists who want even more regulations and taxes?  |
|
|
|
bitcoin need only mass adoption nothing else for the moment, it need that those with tons of bitcoin spread(by selling) their fortune until everyone become equal or near that, it will require many years, don't expect a big rise even with the halving
NO NO NO NO You dont understand, them selling it will plunge the price, its good that they sit on it because the price will remain high and scarce. Of course an argument can be made that in lower prices more people can afford it, which is true, but if the price goes down why would them buy it? So its good as it is, there is enough bitcoin in circulation and being sold that anyone who wishes to buy can buy some. The main problem is a lack of advertising, i think every single bitcoin holder should set up websites and promote the sheeet out of it, tell them to friends, family , everyone! See internet promotion is not enough, because many people dont trust "internet things", it needs bilboard campaigns, many many tv media attention, and local newspapers talking about it. If Bitcoin Foundation would not be so busy it could run campaings like that to promote it better. Also 3rd party promotion through merhant contracting is also good, especially if Microsoft and IBM does it! if the price go down tons of people will buy it(it's a psychology thing...), now the price is still too high for many boy/girl, so reducing a the price to make new people come to the bitcoin world is a good thing actually we need a reset basically We're waiting for Bitcoin v2 like Ethereum
no we need just to finish bitcoin, remember that bitcoin is still in beta Thats bullshit, if you cant afford 200$ for 1 bitcoin, then buy half of it or quarter of it.Nobody said that they should buy a full one. I myself have bought it in 0.5 BTC units, so your argument doesnt make sense. The price of it should not go lower, if it goes than everyone will sell it off and it will die. |
|
|
|
A lot of people (huge amount of people) bought coins at prices much lower than $100 and if they believe the price will continue to fall they will sell them off in chunks on the way down and buy them back later.
I've doubled my coins using this method in the past (from ~500 to 1000), it was a long time ago but there's nothing to suggest it can't happen again.
As that original buy-in price approaches people get itchy trigger fingers and often click 'sell'.
How they bought bitcoins below 100$? If they could then the market have alraedy gone below 100$, thats not how price discovery works Your BID order wont get executed unless the one above you got executed, you can put any amound of chunk orders to sell, if there is 1 guy selling 10000 Bitcoins at a price just above you. Also if the Ask orders cumulatively have a larger volume than those 10000 volume bid orders, then your chunk orders will never get executed and the price will go up again (and another guy will bid up the price above you to fill in the spread created void, there is no incentive for traders to sell at a lower than fair price to you) It all depends on demand from the perspective of buyers.Learn how the markets work bro  |
|
|
|
No, it's simply not going to happen.
We might see a $100 Bitcoin this year but there's no way in hell there will be a $10,000 Bitcoin.
100$ bitcoin? C`mon, i`ll see 1 m $ bitcoin faster than that. 100$ is just way to low, there is massive support around 200$. This is Bitcoin, the price can half in a day and if you play it right you can double up. This is why people will deliberately crash the market, simple greed. Some will lose, some will win but anything's possible. It's funny they want to create bitcoin derivatives, more exactly bitcoin options. The only way to deliberately crash the market is to "short it" or buy a "put" option. But you can't do any of those without borrowing bitcoin, which is impossible unless you can steal from the blockchain which is impossible. Conventional walstreet derivatives wont work on bitcoin. The only way to move the BTC price DOWN is to sell it normally, but for that you need to buy it first. If you bought it first and sold it later, you didnt do jack shit to the price, its on the same thing. So i dont think the BTC market is manipulated like that |
|
|
|
I`d rather invest in altcoins for now, then with that money i can buy bitcoins at lower price. I`m loyal to bitcoin, and for that reason, i try to recover the money from altcoins and pour it back into bitcoin later |
|
|
|
I look for a cloud mining is currently not profitable and requires ROI which is very long.
Yes because its a ponzi scheme, that is stretched out for a long time. If you want big ROI and legit investment, then look for altcoins with finite supply and no POW, that should give you an idea. |
|
|
|
No, it's simply not going to happen.
We might see a $100 Bitcoin this year but there's no way in hell there will be a $10,000 Bitcoin.
100$ bitcoin? C`mon, i`ll see 1 m $ bitcoin faster than that. 100$ is just way to low, there is massive support around 200$. |
|
|
|
All it takes is just change one (or two) variables in the code and voilą, there is no more limit on the number of bitcoins that can be mined. And no need for millions of dollars, and no one will care if you, for example, would eagerly object to such a change...
Aren't you afraid of this?
All money to an extent lives and dies on faith and collective willingness to accept it. Perhaps that's more vital with BTC than other currencies. We all know it can be replicated infinitely which makes maintaining the focus on Bitcoin only even more important for the world to take it seriously. The regular people who use it aren't going to be too bothered by changes in block sizes and side chains as it doesn't alter the end user experience. As soon as something as ingrained as the 21 million limit is meddled with it's all going to disappear in a puff of chaos. I'd be seriously impressed if consensus could ever be reached over a limit increase without the whole thing dying completely. Well all be dead by then so who cares, our generation made bitcoin, its the next generation's duty to perfection it or make it better. We handled over the currency of freedom to our children, now they should weild this power responsibly and help bring freedom back to this "prison planet" |
|
|
|
Wow so gorgeous, show those boobs please baby  Just move your hands a bit lower to let that cloth fall a bit lower to see your nipples |
|
|
|
Ah okay no worries.
My cash back is paid once a year, and takes into account net purchases (total purchases - total returns/refunds) when calculating the amount. Some other added benefits are extended warranty, emergency auto assistance, and other types of insurance that most people don't use.
Yeah VAT or any consumption tax sucks, but I'd take a consumption tax over an income tax any day. At least consumption tax is based on a purchase that an individual is willing to make (although basic needs purchases are always necessary). There's not much you can do about income tax.
I`d rather have no tax at all, or better yet no government, but to be realistic in a tyrranycal world we live in today, the VAT tax would only make sense if all other taxes would be eliminated. You see VAT tax is atleast an enviromentally friendly one (to slow down the rabbid consumption based economy), but then again we got fiat printed money, and loan based economy to boost consumerism, so it's really nonsense, on 1 hand you halt comsumption by taxing it, on the other hand you give out loans from counterfeited money to boost consumerism. What a joke this government is. |
|
|
|
But there is limit for bitcoin, because its a mathematical equation, and if the computing power will get too big, then we can always find better encryption algorithms with bigger key sizes, so bitcoin will always remain finite (or any other descendant of it in the far future).
All it takes is just change one (or two) variables in the code and voilà, there is no more limit on the number of bitcoins that can be mined. And no need for millions of dollars, and no one will care if you, for example, would eagerly object to such a change... Aren't you afraid of this? No because that would not be bitcoin anymore, it would be an altcoin. Bitcoin runs on the exact parameters on every persons wallet. Unless you can corrupt the download link for the client (which has checksum and PGP signatures to detect any tamper), and you need to have 51% of the people using the corrupt client. Pretty unlikely, and even more unlikely of million of people , and not a single one of it detecting the fraud and reporting it immediately to the community. Such scale attack can easily be detected and its not feasible. Of course with future technology who knows, but in the future the security might improve, and the operating system aswell. Windows is a perfect place for malicious code, i`m sure future OS' will use file-systems that are invulnerable to tampering/hacking. |
|
|
|
|
Almost 1 entire week:
Total time logged in: 6 days, 14 hours and 48 minutes.
|
|
|
|
Weird man. What country are you in?
Here, not only is there no commission to pay for the cardholder, there are rewards programs for using it, including cash back. So a lot of people including myself, use the credit card for almost every purchase, then pay off the balance, and receive the cash back without having any fees.
It does suck for the vendor, as they pay ~3% commission, but there usually isn't a difference in price based on method of payment, so credit card it is.
Debt spending is also largely encouraged here. For those that don't pay the balance, it's like 18%+ interest charged.
I`d like to keep that private, but I live inside the European Maffia Union, so just a hint for you what it's life inside it. Yes there are some promos where you get some cashback here too, but I opted those out because it's more like a scam,I knew a guy who get a cashback after purchasing from a physical store and now it's facing a civil lawsuit from the bank on some bogus "no refund policy" because he later returned the product, but the cahsback cant be returned, yet the store had no problem with returning of the item (i think it was a lamp) , however since he purchased with the card it got an issue with his bank (even though the cashback should be a gift, looks like banks dont give out free money after all ,only scam you). Not to talk about the governments VAT tax scam, just to keep prices high artificially, its disgusting. |
|
|
|
I`m working on my new portfolio, so i hope that after i invest in some cryptos, i can make alot of ROI, but no money today |
|
|
|
|
Show Posts
