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181  Economy / Economics / Re: Some things to consider before starting a business on: February 04, 2018, 05:12:41 PM
It's funny to see how everyone here has his own recipe about how to start a business.
The problem is that they are not saying bad things, but if you need this kind of advice, may be it's better to think to a standard 9 to 5 job... :-)
182  Economy / Economics / Re: why bitcoin is banned by the government on: February 04, 2018, 04:57:16 PM
To say that bitcoin is banned by the governments is just a fake news, for the simple reason that it's impossible for a single government to control the blockchain.
All they can do is to make  difficult or even illegal to change bitcoin in fiat money, but this won't stop the transactions.
Btw, there is no interest to really "ban" cryptocurrencies; governments want only to find a way to tax them. When they'll succeed, the war against crypto will end immediately.
183  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: February 04, 2018, 04:50:49 PM
We tend to forget that words as "crypto", "ICO", "blockchain", "Qrcode" are trivial for us, but for the 99% of the population are really... cryptic! :-)
Think about how difficult is still today to pay with credit card, in some places.
And how many years it took before their general acceptance.
So, even in the case of rising popularity of the bitcoin, there is no way it will replace dollar, at least not in the next decades.
184  Economy / Economics / Re: Bitcoin futures market manipulation on: February 04, 2018, 04:44:00 PM
It's very easy to manipulate Bitcoin, because the majority of the owners has no trading experience so they are extremely sensible to any claim from governments or institutions.
Experienced forex traders know that from a declaration by a politician and a real decision there is a long way.
But this is a good thing, in the sense that the bitcoin market is easier to predict than the forex, and with a so high volatility the opportunities to make a profit are fantastic.
185  Other / Meta / Re: Merit & new rank requirements on: February 04, 2018, 04:37:27 PM
I think there is a lot of hypocrisy in this thread, and I'm glad that someone says how things really are.
As I wrote in a precedent post, I'm starting to appreciate the intention behind the system, I received also some merits so - even it's hard - it doesn't appear as impossible as at the beginning.
What I found very disturbing was the bad attitude of some high rank members, that treated the rest of us with arrogance, without to see that a lot of them were just lucky shitposters and - if they were evaluated with this new system - they were still newbies. Of course, this is just a rough generalization.

Btw: it's evident that if a system rewards people for writing shit, the system will be filled soon by shitposters!
The revenue from a campaign can appear ridiculous to an average guy in USA of Europe, but for someone in other parts of the world are very big sums.
I understand that the forum must be protected, and something must be done, but when I see some "stars" of the forum talking about "3rd world monkeys" or "3rd world cancer", I think this has nothing to do with the improvement of the forum but only reveals a racist and Nazi mentality.
I'm not from 3rd world, but I think that everyone on the planet deserves respect, and actually I think that the "15 year old kid from Bangladesh" trying to make a buck on the forum should be rewarded for his good will, not insulted.
Of course, a million of 15 years old kids writing on the forum would be a tsunami, so we needed measures.

The new system is not perfect, but I was very glad to see that theymos is open to suggestions.
It's very simple to blame. I'd like to have good proposal but sincerely I don't have any, for the moment.
But I'm working on it! We'll see :-)


The last few pages of this thread actually show your position on the earth as it turns in relation to the sun.

The non-English speaking forum members wake up and attempt to speak out about what they see as a problem in the only way they can (using a translator). You English speaking posters need to calm down and realize the local subs don’t each have their own Meta section fully translated in a language they speak fluently. They need to voice their concerns here in English.

Theymos made me think hard about why some of these people are here. Many of them probably are impoverished and see the little amounts of money they can make here as a gold mine. It’s true that this forum is not a substitute worldwide welfare system and many of them will need to go away but we don’t need to treat them like shit in the meantime. Save that for the very fluent scammers and conmen stealing from people here. You can say anything you want to someone like Bryan Micon or Josh Zerlan and be justified. Talking shit to a 15 year old kid from Bangladesh probably isn’t the best thing you could be spending your time on.
186  Bitcoin / Bitcoin Discussion / Re: Why aren't there more women in Bitcoin? on: February 04, 2018, 04:04:17 PM
This "lack of women" in bitcoin is just a local problem: like it or not, in a lot of countries women have still difficulties to access education and the internet (don't forget, there are places where they are not allowed to drive a car or to walk alone in the street...)

Where they have the possibility, women are very good traders, so I don't think there is any kind of gender problem.
187  Other / Meta / Re: Merit & new rank requirements on: February 03, 2018, 09:04:29 PM
Hey, just a question!
I just click the "merit" link on my post (it seemed strange that it existed...) , and I saw I can send merit to myself! (I didn't click, so may be it doesn't work).
This sounds to to me as a bug. Can you check?
188  Alternate cryptocurrencies / Altcoin Discussion / Re: Facebook Campaign no more!! on: February 03, 2018, 08:41:23 PM
Well, it's not a so bad news.
I understand that we all here are upset, but after the ICO ban from US government, it was a well expected measure.
Actually, in the last months facebook was invaded from all kind of very dubious offers, and it's normal that the management tries to protect people from scam.
I think this is just a temporary stop,  while we wait for some clarity to be made in the crypto far west.
189  Other / Meta / Re: Merit & new rank requirements on: February 03, 2018, 08:12:58 PM
Ah, I forgot a very important aspect: it seems that the simple fact of receiving a merit unleash suspicions, if your are not a high rank member.
I received five, and I just wonder if there isn't the risk that I need to justify myself about who and why gave me these merits.
I saw that moderators are very active in this sense, and they made a lot of bans and negative trust, about suspect merit trade, merit begging, and so on. May be they are right, may be not, but... please DON'T GIVE ME ANY MERIT!!!! IT'S TOO DANGEROUS!!!!


Merit sales, transfers to aliases, back-and-forth trading, etc. are not much of an issue. All illegitimate merit will decay, and will account for a tiny and very expensive fraction of the total merit economy. It's basically a rounding error; fight it where convenient, but waste no sleep over it.

I think that actmyname has been too hasty with some of his negatives, but I haven't had time to look carefully enough into it to justify making forceful changes. I did exclude actmyname from my trust list, so another DT1 could remove him from the default trust network by doing the same.
So what are you proposing that be done against shady behavior regarding the merit system? Nothing? Or are you simply saying that *we could/should* tag them, but that some of the tag's by actmyname were unwarranted?
190  Other / Meta / Re: Merit & new rank requirements on: February 03, 2018, 08:02:33 PM
As other members already stated, this is a private forum, so the owner has any right to do what he thinks is the best move to improve his property.
It doesn't make any sense to complain about any aspect we don't like; much better to be grateful for the opportunity we have to learn a lot and - eventually - to have a little extra income from campaigns.

So, not with the intention to complain, but just to offer some ideas, here are my two cents: the intention behind the merit system is very good, and I think that only spammers and shitposters don't agree. What I find inefficient - and probably more of the "complainers" agree with me - are mainly these two aspect:

1) the system is really too unbalanced in favor of old members. I understand that I have to earn my position, and I agree that only "good members" will rank up. But if I read the old posts of a lot of high rank members, I find a lot of shitpost, and I just wonder why "they" had this privilege by luck in the meanwhile I have to work hard for the same results. I agree, life is unfair, but this aspect is very disturbing.

2) the merits are too scarce. I had ONE. Now I have THREE. Really, a so little number make me anxious to give them. Even if I like a post. I think it's the same for other low rank members. The result is that may be I write a masterwork (I'd like...) but nobody has merit to give to me.
The only members with a lot of merits to give are Legendaries (another privilege..), but it seems that they prefer to reward each other, may be just to show friendship. I'm pretty sure you did some math projections, but in this way the system it's really too rigid. Of course, may be I'm wrong. We'll see.

But please accept the idea that - even if the meirt system is a good point to start - there is a lot of space for improvement.





It's too early to get a clear picture, but my thoughts so far:

First, most people complaining about merit are constantly posting garbage, and should not rank-up. The forum is not a welfare system; you don't run through a few hoops and then get paid for doing something that nobody actually wants. I like that good forum members can make money, especially when said forum members are in poorer countries and this is a major opportunity for them. I very much do not want to destroy the sig-ad/airdrop/bounty "industry". But I am not going to tolerate people posting garbage upon garbage. If the merit system completely fails and I can't think of anything else to replace it, then my next step will probably be to completely remove all ways for forum users to make money from posting (eg. removing signatures entirely).

Maybe there are ways for people who were making money by posting garbage on the forum to make money on other sites with easy bounties, etc. (For example, I don't know if they're actually any good, but https://bountyhive.io is currently advertising on the forum.) But people should use the forum to talk about these money-making ideas, not as a way of making money itself. Once you spend a lot of time here, you may be able to make some money here (which is great!), but you should consider this a far-off hope, not your primary objective.

BTW, if anyone has any ideas for simple things that these ex-nonsense-posters could usefully do to make money, I think that this'd be a good project right now. There are apparently quite a few people who were making money on the forum and could use guidance. Even though their past activities were not good for this forum, I doubt that they are useless in general.



Merit awards may be too spotty/uneven currently, though it's still too early to say. In addition to continuously adding more sources, if things could still use improvement in this regard in a couple of months, I may do something like decay old sMerit and unused source merit and randomly redistribute the decayed merit. How the random distribution would work would magnify past merit -- so perhaps you would get an increased chance of winning extra merit for every post you've made which has at least 1 merit, but certainly you would not get any extra merit if none of your posts was ever merited.

Merit sales, transfers to aliases, back-and-forth trading, etc. are not much of an issue. All illegitimate merit will decay, and will account for a tiny and very expensive fraction of the total merit economy. It's basically a rounding error; fight it where convenient, but waste no sleep over it.

I think that actmyname has been too hasty with some of his negatives, but I haven't had time to look carefully enough into it to justify making forceful changes. I did exclude actmyname from my trust list, so another DT1 could remove him from the default trust network by doing the same.
191  Economy / Economics / Re: Bitcoin futures market manipulation on: January 28, 2018, 10:14:38 PM
Whales and big powers all the time try to manipulate the market, but in forex or in stock it's not so easy, as professional are not stupid.
But in crypto there are so many newbies that don't understand the manipulation dynamics that it's very easy to spread rumors and to be believed.
Please note a shocking truth: ALL declaration of politicians (I said ALL, not just some) have as main goal to influence the market: they know what will say, so they make all the time a kind or insider trading.
(If I'm the president of a country, and tomorrow I'm going to say that bitcoin will be illegal, don't you believe that tonight I'm going to sell all I have?
Then tomorrow will be a crash, I'll buy a lot of bitcoin very cheap, then the day after tomorrow I'll declare that I changed my mind and bitcoin it's not illegal... and so on.)
192  Economy / Economics / Re: How justified will it be to use a blockchain without a cryptocurrency? on: January 28, 2018, 10:05:27 PM
It seems that very few people understand that the real conceptual revolution is not bitcoin, but the blockchain.
Out of cryptocurrencies, it has so many potential applications that it will change completely our life, in the same way internet did 20 years ago.
Probably more.
So, even in case that there won't cryptocurrency, blockchain existence will be totally justified.
193  Alternate cryptocurrencies / Altcoin Discussion / Re: Will ICO die in 2018? on: January 28, 2018, 09:42:17 PM
Most of them will die, for sure: lot of ICOs are just scam, other are poor project, other have bad management, and so on.
But some of them - that offer real value - will survive and will prosper.
The challenge is to understand which they will be.
194  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you afraid of hackers? on: January 28, 2018, 09:38:58 PM
We NEED to be afraid of hackers, and we have to take any precaution against them.
Like it or not, our computers are very vulnerable, and it's better to look paranoid that to lose all our money.

Btw, hackers have easy life just because stupid mistakes and distraction: with a little attention, it's not so difficult to be protected.

195  Other / Meta / Re: No more signature campaigns for Junior Members - Asking for a grace period on: January 28, 2018, 09:35:23 PM
Well, it seems that - with the pretext to stop spam and shitposting - high rank try to "freeze" the forum: who is in, is in; who is out, is out.
I would been promoted full member in just some weeks, now I need to earn 90 merits.
Please note that - as merits are scarce (I - as Member - have just ONE to spent) the chance that someone like my post AND has merits to give is extremely low.
Of course, this is a private forum, so the owner can take any decision he likes.
And of course the number of post will decrease drastically, but also the participation to the forum (like it or not, lot of people come here just to earn something).
With less participation, the forum will be less interesting for ICO.
This seems to me against the interest of the forum.

I predict that in some weeks the merit system will stop or will change.
196  Alternate cryptocurrencies / Altcoin Discussion / Re: Are Airdrops Profitable? on: January 28, 2018, 09:12:34 PM
Well, I tried some airdrops without any results: I received actually something, but of no value.
But some friends were more lucky, and the coins they received as gift now are precious.
I think that - as it free and the subscription last just some minutes - it worth a try.
197  Economy / Economics / Re: How would Bitcoin react to a global financial crisis? on: January 28, 2018, 09:12:03 AM
It depends on the extent of the crisis: if it's a so big one to provoke the crash of the infrastructure (as a global nuclear war) of course bitcoin value will fall to zero.
But if it's a local one, even as in case of 2008 crisis, I think that bitcoin will resist much better than fiat money.
198  Economy / Economics / Re: Being a Smart Person or Strategic on: January 28, 2018, 09:07:15 AM
You can't really separate the two: to be strategic means that you have a goal and you have planned some steps to achieve it.
But you need to be smart to figure what these steps should be.
To be smart without to be strategic doesn't take you anywhere.
199  Economy / Economics / Re: Is bitcoin really anonymous? on: January 28, 2018, 08:55:49 AM
This is what I wanted to say: once a connection is made between an address and you, ALL transactions are exposed!
So, at least, use a standard address for small transactions, and use a new one for any important trade.
Oh, don't be so sure about IP... if they want to trace you, they'll do. Believe me.


In my opinion, it is semi anonymous because you cannot hide all your transactions and stay anonymous because once they got your bitcoin address then they can look up into it using the blockchain network which will expose all the transactions that you have been made using that address and the only thing that makes you anonymous is, you are untraceable because it will not show any of your IP.
200  Economy / Economics / Re: Is bitcoin really anonymous? on: January 28, 2018, 08:51:41 AM
Bitcoin is anonymous until you don't try to exchange it in fiat money (and of course if you don't put your public address somewhere connected to you).
When you trade with standard economy, to keep complete anonymity can be very difficult, but not impossible.
There are a lot of method that you can use, check here on the forum.
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