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1801  Economy / Speculation / Re: Non-spreadsheet long-term predictions on: May 09, 2014, 11:32:24 AM
This post deserves more visibility
1802  Economy / Speculation / Re: The New Moon for 2014 will be 1000dollars on: May 09, 2014, 11:31:40 AM
People seem to forget that something needs to trigger the price to rise. The price won't shoot up to $1000 out of the blue. The last 'moon' was triggered by the Chinese and we'll need something similar for it to rise again. The stocks of a company won't rise without good news/more publicity etc.
Open your eyes. The best programmers and business people are getting involved with bitcoin projects on a daily basis as of late
1803  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2014, 11:30:21 AM
But why exactly did the Chinese exchanges pull out of the bitcoin summit, and what is the real chance they shutdown without notice in the next days?

Shutdown without notice is not that high I think, the chance of a shutdown notice being published is very likely imo.
With a deadline or two, of course!

The latest rumor is shutdown before 30 June

Another deadline would look as if the Chinese govt doesn't really want to, or is unable to.
Bitcoin will forever continue to be 'banned' and 'banned' over and over again by China  Roll Eyes
1804  Economy / Speculation / Re: Winklevoss Twins to List Bitcoin Fund on Nasdaq on: May 09, 2014, 11:15:51 AM
One step closer to full Wall Street adoption.  It is all slow and steady progress Smiley
1805  Economy / Economics / Re: UK Taxman / HMRC wants power to raid bank accounts aka 'Direct Recovery' on: May 09, 2014, 11:13:25 AM
as the last poster quoted, still in consultation stage.

one other thing to be concerned with is the merging of national insurance contributions to become "earnings tax"  thus if your employer does not pay in contributions or you as self employed dont pay the contributions, that can then also be used by HMRC to raid your bank account once the totals owd get large enough.

the reason i say this is that NI contributions have more error variance on if a employer pays the right amount, then compared to the error variance of income tax they pay HMRC through the PAYE system

basically employers get NI wrong more so then income tax, and most employee's/self employed dont realise it. but then with this new HMRC proposal, it will make the employee accountable to fill the deficit and not the employer.

other news which makes things worse is that government want to give employers tax breaks*1., meaning yep you guessed it. while employers dont pay as much "earnings tax" on behalf of their employee, employee's are left to 'fit the bill'

*1. http://www.accountingweb.co.uk/article/employment-allowance-2000-nic-break-unveiled/539156
All being paid for with our taxes haha
1806  Bitcoin / Bitcoin Discussion / Re: What does your Bitcoin smell like? on: May 09, 2014, 11:10:26 AM
It smells like the moon

The Moon exists in a vacuum, so lacking an atmosphere, you would not be able to smell a thing there.

Try again please.
It smells like moon rock, on earth
1807  Bitcoin / Bitcoin Discussion / Re: Are newcommers to bitcoin laggards or what? on: May 09, 2014, 11:09:51 AM
Bitcoin will hit the ditch of history pretty soon.
Why:

Because it is infested with scam. I am not talking about theoretical scam, but real-life.
Examples:
1. more than 50% of miners manufacturers scam their customers-a fact.
2. mining pools are constantly off line due to multiple sustained attacks, putting mining revenue in jeopardy
3. hashing speed undergoes gigantic fluctuations, suggesting a possibility that large unused hashing potential exist that could be used for the 51% attcak that would render bitcoins useless
4. someone (early adopters) is constantly selling, resulting in a 6 mo downtrend.
7. governments are actively undermining bitcoin-china


FIAT
1. more then 50% of moneymakers scam account holders... a fact
2. many bank ATM limit customer access to funds daily, their call centres are always bsy and they only have their doors open for 9hours a day 5 days a week. (alot of downtime compared to other 24/7 services)
3. banks move money from country to country, suggesting a possibility of large unused financial potential could be used to F**k over the forex and debase the already indebted FIAT market
4. wall street is constantly selling fiat causing the national debt of all countries to grow while wall street makes their profits

now onto scams
i can recall the nigerian prince, the foreign lottery, the nknown relative leaving an inheritance, the foreign friend's hospital bills. the mail order bride.. all of which are FIAT scams
then look at on the stret scams.. pickpocketing, card cloning, identity theft.
then look at banking scams.. HSBC getting away with laundering.
then look at bank history. armed robberies, bank heists.

and the biggest scam of all.. the national minimum wage scam. forcing people to work as slaves due to it being legalised that it is acceptable to pay people very little.

need me to continue?

no? well ill just summerise.. where ever there is something of value that people want. there is always a dishonest person that wants it without earning it. to me that just shows that it has actal value as no one would risk jailtime for something that has no real world value

id be more concerned when the day cames that scammers and theives DON'T want bitcoin.. because when these scammers DON'T want a bitcoin that is given to them through an easy con, then why would anyone honest choose to pay for it

Agreed.

Its stupid how everyone on here turns a blind eye to the huge influx of programmers and investors that are getting into bitcoin
1808  Bitcoin / Bitcoin Discussion / Re: What does it cost a retailer to set up bitcoin payments? on: May 09, 2014, 11:03:34 AM
0.  Bitcoin ain't no paypal!
1809  Bitcoin / Bitcoin Discussion / Re: What does your Bitcoin smell like? on: May 09, 2014, 11:02:43 AM
It smells like the moon
1810  Economy / Speculation / Re: I'm going to party like it's my birthday on: May 08, 2014, 07:16:49 PM
Birthdays are very accurate technical indicators
1811  Economy / Trading Discussion / Re: Do you also trade security's next to coins? on: May 07, 2014, 12:34:03 PM
The B is king
1812  Economy / Services / Re: [HIRING] A GOOD MARKETER WITH HQ STRATEGY on: May 07, 2014, 11:32:58 AM
Hey

I can definitely help with this. I do freelance marketing work with lots of bitcoin start-ups.

My website is http://www.joshblatchford.com

Many thanks,

Josh
1813  Bitcoin / Bitcoin Discussion / Re: Satoshi is "WE" not "I". on: May 07, 2014, 11:16:23 AM
Satoshi's still around. He's just working on another coin at the moment.
THE coin?

Satoshicoin
No he is a lead developer of Dogecoin
1814  Economy / Speculation / Re: Will there be a another FUD after may 10th? on: May 07, 2014, 09:54:04 AM
It's a matter of time before China bans bitcoin again  Roll Eyes
1815  Economy / Speculation / Re: Former Goldman Sachs Partner Bullish on Bitcoin (5/5/2014) on: May 06, 2014, 07:03:38 PM
Everyone here knows Bitcoin will change the world.  It is simply going through a rough patch, of which there will be many
1816  Bitcoin / Bitcoin Discussion / Re: Satoshi is "WE" not "I". on: May 06, 2014, 06:43:29 PM
We are all Satoshi.  Satoshi is the community
1817  Bitcoin / Bitcoin Discussion / Re: What do you think about the MSc of Digital currency ? on: May 06, 2014, 06:41:02 PM
Better off doing computer science
1818  Economy / Speculation / Re: BREAKING: BITCOIN IN CHINA IS LEGAL AND NOT BANNED on: May 06, 2014, 08:44:52 AM
Still not banned. Looking forward to the next 'ban'
1819  Economy / Speculation / Re: I have also given up on: May 05, 2014, 06:08:35 PM
How many coins you are planning to buy..? which you think will make some kinda noticeable spike in price..! 
Just happened.

Was that you who took ~250 BTC at around $427?

If so you will be happy to know that you never caused a spike in price. Less than 20 BTC have since been sold at prices between $427 - $432.29. Doesn't really look like there are many other buyers piling in either so you can sleep well knowing that you aren't burning any poor shorts.


Quite possibly  Wink
1820  Economy / Speculation / Re: I have also given up on: May 05, 2014, 05:54:36 PM
How many coins you are planning to buy..? which you think will make some kinda noticeable spike in price..! 
Just happened.
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