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1801  Other / Meta / Re: Can One have charity donation collection through this forum?? on: November 30, 2016, 03:37:46 PM
I'll give you 500 botcoinz right now, just tell me where to send them. LOL
1802  Bitcoin / Bitcoin Discussion / Re: wow ,almost 30,000 unconfirmed trans on: November 30, 2016, 03:27:13 PM
What?! us these all true? I cant believe this. What happened to the people looking or in charge for this? Are they tired or maybe they are too much busy?

Well, i dont know if i would believe this. Do you have proof about this? Then if you have, thats the that i would believe. Because i know, people behind this dont let users or people to think bad for them. Because this is not just a minor problem.  Angry

It's not really that bad or even unexpected. Bitcoin is "private money" with no formal control structure. Innovation springs from the removal of restrictions. Many major businesses (Google, Apple etc.) have benefited from removing the normal strictures of corporate control and putting pool tables, video games and bean bags in common areas to allow their employees to just "play" if they want to. It allows a freedom of thought that fosters innovation.

The downside to that freedom is a loss of control. Bitcoin benefits from that same freedom. No one is in charge. Developers (people normally controlled by the company), for the most part, keep Bitcoin headed in a single beneficial direction. But, without a boss/company/government controlling them they can and do have very different directions in mind that splinter the focus (segwit, classic, bla bla). That is the biggest reason Bitcoin is stagnating and splintering in development but it's also the reason Bitcoin exists. The lack of strict structure and control is a double edged sword.
1803  Bitcoin / Bitcoin Discussion / Re: What does a President Trump mean for Bitcoin? on: November 30, 2016, 03:11:03 PM
Unfortunately, many small businesses use the people they have because they can't afford to hire more qualified people.

I understand you, but, on the other hand, you can't demand much from them either, certainly not something like you wanting "to take every possession she owned". As I said, I know how you feel about it, you give people work and that kind of thing, but it still doesn't justify your attitude. You basically get what you pay for, and in the end you can blame only yourself.

The responsibility for government is on the people. However, it's impractical to have a vote on every issue so you delegate the responsibility (as most businesses do with their employees). The only option left is to hire someone qualified (the president), pay him $400,000 a year and hope he doesn't fuck everything up.

This is the point that you seem to be missing. You can't possibly delegate responsibility since it is not something which can be delegated. Your responsibility will always remain yours. It doesn't mean the president can be irresponsible, but he is not hired in the first place.

I hear you and you're right with one minor change, you shouldn't delegate responsibility and always expect a favorable outcome. Unfortunately, deligation is a necessary evil with even the best government design. Someone has to do the day to day chores of operating the country and it cannot be the people because nothing would get done and they are ultimately unqualified.
1804  Bitcoin / Bitcoin Discussion / Re: BitCoin Friendly Countries on: November 30, 2016, 02:45:22 PM
...

This might be possibly useless anecdotal evidence (also an observation JUST as a spender of BTC), but we have been in Nuremburg and Regensburg (Germany) the past few days, and I have seen NO signs at shops for Bitcoin nor any other evidence that BTC is used in everyday commerce.

But, I have only been to one coffee shop so far.  We go to Vienna in a couple of days, maybe there will be more use of Bitcoin there.

Bitcoin use is more rare than this forum makes it out to be. If you go to a metro area with 2-3 hundred thousand businesses you might find a few that accept Bitcoin. I think the actual use of Bitcoin in even the most Bitcoin friendly city is .003% to .005%.
1805  Bitcoin / Bitcoin Discussion / Re: What does a President Trump mean for Bitcoin? on: November 30, 2016, 02:31:04 PM
Unfortunately, many small businesses use the people they have because they can't afford to hire more qualified people.

The responsibility for government is on the people. However, it's impractical to have a vote on every issue so you delegate the responsibility (as most businesses do with their employees). The only option left is to hire someone qualified (the president), pay him $400,000 a year and hope he doesn't fuck everything up.
1806  Economy / Web Wallets / Re: Is coinbase account safe for transaction? on: November 30, 2016, 02:21:26 PM
coinbase has been around for quite some time now that makes it trusted enough for small amounts and if you are really so desperate about a couple of cents of transaction fees then yeah go for it.

but i don't really like it because it lacks security and doesn't matter how much they say it is safe, they will never guarantee you if you are hacked or their system is completely hacked.

Your right about any online wallet service. I would add that hacks are not the real problem. Employee theft is responsible for most of the exchange/wallet service losses. The lure of easy money has a very strong appeal.

Mainstreaming Bitcoin use is a trap. Wallet services are necessary for average users to make Bitcoin easy to use. Wallet services are inherently dangerous because they have no government fraud protection, insurance and are subject to employee "hacking". So what do we tell people? Online wallets are ok because we want more users or online wallets are awful because they're risky?
1807  Bitcoin / Bitcoin Discussion / Re: What does a President Trump mean for Bitcoin? on: November 30, 2016, 01:47:41 PM
Crazy isn't it! One little zero on a signed requisition form turned a $200,000 purchase into a 2 million dollar purchase.

And who signed it? If it was you why didn't you read before signing the agreement? Usually people pay particular attention and double check the figures trying to avoid such and similar issues. Or did you trust your receptionist so much that you left her a blank sheet with just your signature on it? I've seen a few such cases and even have one such sheet with a lonely signature of my previous boss on it.

She did all the purchasing for years and the company she ordered from knew it. The company knew we had never placed an order that large and should have confirmed it before manufacture. That was my attorneys argument in negotiations. They argued that one of my competitors routinely placed orders that size and they had no way of knowing our business had not expanded. One time, I had a fleet of trailers that were due to be retread (new tires). My maintenance supervisor was given a large discount for doubling the order. That was only an additional $25k and it would have saved money in 4 years or so but I still fired him.

The point is, employees have the ability to make a company successful or drive it into the ground. The POTUS is just an employee of the people and given a job to do. If he does it well the country is sucessful. If he makes mistakes the country is screwed. Obama signed the Emergency Economic Stabilization Act of 2008 and cost his company (America) $500 billion dollars.
1808  Bitcoin / Bitcoin Discussion / Re: If Bitcoin was made illegal by your government would you still use it? on: November 29, 2016, 10:34:47 PM
No, more of a Prohibition just moves it underground and doesn't stop it. Also gives the state a pretext to control your wealth. Just posting here may in the future give the Gov cause to search your home and computers.

I disagree yes voters realize this would be a prohibition like alcohol was in the US in the 1930 and POT is now. outlawed but millions use it anyway. 

The poll so far shows 63.3% of forum members have some sort of cognitive dissonance psychosis.

Really? Are you saying you're dependent/addicted to Bitcoin like a drug?

There are special treatment programs for alcoholics like AA. Maybe I should start a BA treatment program. LOL


All the more reason it's psycho to get on a public forum and say anything other than you would immediately stop using Bitcoin if your government told you too, right.  Wink
1809  Bitcoin / Bitcoin Discussion / Re: If Bitcoin was made illegal by your government would you still use it? on: November 29, 2016, 09:29:50 PM
I disagree yes voters realize this would be a prohibition like alcohol was in the US in the 1930 and POT is now. outlawed but millions use it anyway. 

The poll so far shows 63.3% of forum members have some sort of cognitive dissonance psychosis.

Really? Are you saying you're dependent/addicted to Bitcoin like a drug?

There are special treatment programs for alcoholics like AA. Maybe I should start a BA treatment program. LOL

1810  Bitcoin / Bitcoin Discussion / Re: What does a President Trump mean for Bitcoin? on: November 29, 2016, 09:18:51 PM
Crazy isn't it! One little zero on a signed requisition form turned a $200,000 purchase into a 2 million dollar purchase.
1811  Bitcoin / Bitcoin Discussion / Re: If Satoshi reveals himself, what would be of Bitcoin? on: November 29, 2016, 08:42:57 PM
Honestly speaking creation of bitcoin is one thing and running it is another(its decentralized) so if satoshi was ever going to prove himself to the public probably the least thing he would get is a noble prize and as for going to jail well he did not create the crime for  being a genius ....so why would he\she go to jail and what would be the charge Huh

If he is a US citizen, the US government could claim that Bitcoin in particular and the blockchain technology in general were developed by the NSA, and he didn't just steal their technology (which is one thing), but also revealed classified information (the blockchain technology) to general public (which is a totally different thing). After all, the hashing function used for Bitcoin cryptography was actually developed by the NSA...

So don't get surprised if he eventually shows up at Moscow's Sheremetyevo airport

That's exactly right, without the US military industrial complex and radical cryptographic activists like Hal Finney there would be no Bitcoin. You want to know who invented Bitcoin the two above are a good place to start. In 2004 Hal Finney created the first reusable proof of work system long before bitcoin and in 2001 the National Security Agency first published the Secure Hash Algorithm 2 with digest sizes in 224, 256, 384, or 512 bits.

There is no great and wise Satoshi, ruler of Bitcoin. Bitcoin was invented by NSFinney.
1812  Bitcoin / Bitcoin Discussion / Re: If Satoshi reveals himself, what would be of Bitcoin? on: November 29, 2016, 04:23:02 PM
Would anyone still want to use Bitcoin and it's open ledger if people found out who "Satoshi" really is?







1813  Bitcoin / Bitcoin Discussion / Re: If Bitcoin was made illegal by your government would you still use it? on: November 29, 2016, 03:57:38 PM
The poll so far shows 63.3% of forum members have some sort of cognitive dissonance psychosis.
1814  Bitcoin / Bitcoin Discussion / Re: What does a President Trump mean for Bitcoin? on: November 29, 2016, 03:46:27 PM
Also, the receptionist is paid by the company (American government) to be available and man the phones (run the military) all the time. If an emergency call comes in requiring an immediate decision (defending America and waging war) the receptionist can make the decision and take action. However, the Board of Directors (Congress) must be presented with the reason for the decision within 48 hours and agree (ratify) with that decision or it's reversed within 60 days. If the receptionist gets stupid and makes a really bad decision the board can fire her (impeach).

In my view, your receptionist has too much power and authority for a simple receptionist. And if she gets too stupid and makes a really bad decision, the board may not be able to fire her because there may be no one alive on that board any more. It seems that the board of directors should be more picky about whom they appoint to the office of the receptionist.

There's no doubt about that but we're talking about a really, really big company that manufactures seriously dangerous toys.

The receptionist at my company (before I retired) almost sent me into bankruptcy because of a bad decision that ended me up in a lawsuit. But at least she couldn't kill me even though I wanted to kill her.

That receptionist might be not as simple as you would like us all to think of her if she almost sent you into bankruptcy. What bad decision could she ever make that ended you up in a lawsuit provided that decision was not a charge filed against you for sexual harassment, of course. Though we can understand why you wanted to kill her if that was the case.

I authorized her to buy 200 units of a rental machine to spread among my 6 stores. She ordered 2000 units and the company manufactured them before I could stop them. I got myself out of it with a settlement but she still cost me. I didn't really want to kill her but would have liked to take every possession she owned and will ever own away from her for the rest of her life because that's almost what she did to me.

The president is the same way with the people he represents. One stupid move can screw the economy so badly (like the bank and auto manufacturers bailouts) that the decision can take money, food, possessions away from the people for decades.

I don't think the president has the ability to dictate or control the economy of foreign countries so much that it effects the price of Bitcoin. The Chinese are changing the price of Bitcoin not the future POTUS.
1815  Bitcoin / Bitcoin Discussion / Re: What does a President Trump mean for Bitcoin? on: November 29, 2016, 03:00:35 PM
Also, the receptionist is paid by the company (American government) to be available and man the phones (run the military) all the time. If an emergency call comes in requiring an immediate decision (defending America and waging war) the receptionist can make the decision and take action. However, the Board of Directors (Congress) must be presented with the reason for the decision within 48 hours and agree (ratify) with that decision or it's reversed within 60 days. If the receptionist gets stupid and makes a really bad decision the board can fire her (impeach).

In my view, your receptionist has too much power and authority for a simple receptionist. And if she gets too stupid and makes a really bad decision, the board may not be able to fire her because there may be no one alive on that board any more. It seems that the board of directors should be more picky about whom they appoint to the office of the receptionist.

There's no doubt about that but we're talking about a really, really big company that manufactures seriously dangerous toys.

The receptionist at my company (before I retired) almost sent me into bankruptcy because of a bad decision that ended me up in a lawsuit. But at least she couldn't kill me even though I wanted to kill her.
1816  Bitcoin / Bitcoin Discussion / Re: How to convince my dad that Bitcoin is a trustful currency ? on: November 29, 2016, 02:53:27 PM
Tell him about it in a way he'll understand. Tell him if he would have bought $1000 worth of Apple IPO in 1980 he would be a multi-millionaire right now. If he bought $1000 worth of Pets.com in 1998 he would have lost everything. It's a gamble, as is all investing, and if you're right you could be rich. Also, tell him you're not going to invest more than you can afford to lose (because you shouldn't EVER invest more than you can lose).

Now, if your fathers an idiot, he won't get any of this and you shouldn't be discussing anything more complicated than ice cream flavors with him.
1817  Bitcoin / Bitcoin Discussion / Re: What does a President Trump mean for Bitcoin? on: November 29, 2016, 02:34:49 PM
There are several articles on the internet that are suggesting that the recent increases in price can be attributed to Trump winning and even before the win, the fact that he had a chance to win boosted the price. Even fortune.com has an article about it.

It's interesting how everyone assigns this great power to the Executive Office of the President when that power was intentionally limited by the original design. As far as foreign power is concerned, think of the president as the receptionist of America. Foreign dignitaries meet with the receptionist and determine where the company stands on issues.

Also, the receptionist is paid by the company (American government) to be available and man the phones (run the military) all the time. If an emergency call comes in requiring an immediate decision (defending America and waging war) the receptionist can make the decision and take action. However, the Board of Directors (Congress) must be presented with the reason for the decision within 48 hours and agree (ratify) with that decision or it's reversed within 60 days. If the receptionist gets stupid and makes a really bad decision the board can fire her (impeach).


Here's what's happening to the price of Bitcoin and it has nothing to do with Americas future receptionist.

http://bitcoin-daytrading.com/bitcoin-price-chinese-buyers-increasing/

https://cointelegraph.com/news/china-imposes-new-capital-controls-bitcoin-price-optimistic

https://news.bitcoin.com/china-bitcoin-capital-flight-fintech/

http://www.zerohedge.com/news/2016-05-27/bitcoin-surges-2016-highs-rising-chinese-demand-decouples-gold
1818  Other / Politics & Society / Re: TRUMP WINS on: November 28, 2016, 04:08:40 PM
...
Trump himself is to blame for this situation. What he said is good for a TV show but in politics, this is not acceptable. What normal person would sit down with that clown at the negotiating table ?
People who do not know they are about to lose, and lose big?

You're right and you're right about watching the Hitlery machine mow over everything in its path....

It's worth mulling over that that is a machine fueled and funded by foreign interests and George Soros.

As best as I can figure that machine bent the traditional goals of the Democratic party into this current twisted open borders, free immigration, thing.  These were never American values.   They were not the traditional democratic party. 

This is a fairly recent thing; during the Obama 8 years.

Center for a Democratic Society; Media Matters, Think Progress.

The fish rots from the head.

It's hard to have a conversation with someone you completely agree with. I should just sit back and read your posts. LOL
1819  Bitcoin / Bitcoin Discussion / Re: Sweden Begins Planning Transition From Cash To Digital Currency on: November 28, 2016, 03:54:14 PM
Sweden, Norway and Denmark. All fascist countries. All rich countries. You go to Oslo's airport one Friday afternoon, and it's crowded with people going on week-ends to Southern Europe, but they will all be back by Monday morning, because the people there are unable to live without the safety net from their government (medical insurance and all that), nor the gigantic organization which rules everything in their lives.

If you can avoid to ever travel there, I advise you do. Without or without cryptocurrencies, these countries will ban cash. Cards are already everywhere. If you want to pay cash in Norway, the people look at you like you're some kind of an alien.

Do you think the people in scandinavia love it when they pay between 50 and 60% of their income in taxes so they can have this safety net? I doubt it.

Oh yes, they love it. They think it's necessary. I don't know much Sweden actually, but in Norway and Denmark, the feeling of individuality is much less than in America or the rest of Europe. People think they belong to society.

I agree. All the happiness surveys indicate that people in Scandinavian countries are amongst the happiest in the world. Factors like high GDP/capita, social support, life expectancy and freedom to make choices contribute to this. Apparently, the big bite that the tax man makes doesn't make them feel sad.  Smiley

One of my sociology professors, back in the Stone Age when I was in college, called that dynamic "societal homogeneity". What that means is they are like one big family. They are homogeneous in looks and ancestry. Would you suffer to give money to a less privileged family member? Of course, we as people help family first. One of my Hispanic friends called it, "Amor de mi raza" (the love of my race). He helps his "rasa" above all others.

What if your whole country was your "rasa"? How would you act?
1820  Other / Politics & Society / Re: TRUMP WINS on: November 28, 2016, 03:31:54 PM
...
Trump himself is to blame for this situation. What he said is good for a TV show but in politics, this is not acceptable. What normal person would sit down with that clown at the negotiating table ?
People who do not know they are about to lose, and lose big?

You're right and you're right about watching the Hitlery machine mow over everything in its path. I'm a US veteran and it sickens me to watch the country I defended be turned to shit by corporate and private greed. There must be a special machine that removes your soul when you enter politics. There have always been problems in this country that we could work on and solve through voting. Well America has just been schooled. We know that doesn't work anymore. When voting no longer works revolution is all you're left to work with. 
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