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1921  Economy / Economics / Re: Money is an imaginary concept, but humanity is enslaved by it on: April 03, 2015, 01:49:40 PM
Is this another leftist thread to trash on money?

Because money is not the root of all evil, that is nonsense, nor it is something made up and inexistent.

It is a concept, which is a mathematical representation of goods and services that are valued by human interaction. Thats all money is.

Now fiat money is indeed imaginary, because the CB print as much as they want, but a legitimate currency with fixed supply is just as real as the air in your room, it is invisible and intangible, but it's real.

Just as the internet, thoughts, or sound, all of them are intangible, yet nobody questions their existence. So it's hard to get used to intangible things i know but i can assure you that real money is 100% real, and by real money i mean bitcoin and other cryptos with fixed supply.

The fiat money on the other hand are illusion.
1922  Economy / Economics / Re: How many bitcoins do governments and central banks own? on: April 03, 2015, 01:42:37 PM
I dont think they own a single bitcoin. If a central bank buys something you would see obvious clues about that.

A central bank doesnt buy 1000$ worth of bitcoins, they buy them in billion $ quantities.

If they would be serious then the bitcoin market cap now would be like 1 trillion $ of which 98% would be from central banks.

If they are not serious , then they dont buy a single one because they got other things to worry about.
1923  Other / Beginners & Help / Re: ██ Tutorial: How to keep your Bitcoins 100% secure! ██ on: April 03, 2015, 01:14:25 PM
Thanks for taking the time to write this.

We are however, not sure that your program doesn't have any hidden malware.
Blockchain.info may be used to monitor addresses.

Indeed, but my program will always rest on the online PC and never get it touch with the Offline PC, if you read carefully the tutorial you will see that nothing will penetrate and coult extract data from the Offline PC, unless people are negligent and forgot to format their USB sticks.

Also my software is not it any form , nor it has to be , trusted than any other app that you have on your online PC. Besides my software used the Blockchain.info API too, it's just that it aggregates the data.

Instead of checking every single address on Blockchain.info separately, you can use my software and check the entire wallet automatically by inputting the addresses, which will be stored in a file. Also the software refreshes it every 20 seconds so it updates automatically.

It's a tool for lazy people.

Thanks for taking the time to write this.
Any donation is appreciated Smiley
1924  Economy / Economics / Re: 2014 Poll: How many bitcoins do you own? on: April 03, 2015, 01:06:53 PM


still too much, many are just earning bitcoin with faucets , they don't reach one bitcoin

it was counted that bitcoin users are 2.5M+, and there are 14M coins, 30%(probably higher) are lost, other 30%(probably higher) in the hands of early adopters

we have rougtly 5M of free coins, so at best about two coin per user

I very agree with you. There is a shortage on the bitcoin market, more specifically on the bitcoin labour market.

The only way to get yourself big bitcoins is to either buy them or to steal them.

The other labour ways like sig campaign, faucets, and casinos pay a lot less, unless you run them. So most of the people earn alot less bitcoins.

So yes i think in the future earning 2000-3000 satoshi from a faucet wil be like working 1 minute at your current dayjob, and the equivalent will be paid.
1925  Economy / Economics / Re: Is it better to save money or invest it? on: April 03, 2015, 01:01:09 PM
Here is my absurd idea, let me see if it works:

Suppose you get a huge loan, buy bitcoins with it, and then default on the loan.

You give out your property only as collateral, of which price will anyway go down eventually (if not by erosion, but by the huge deflation after this much money printing).

But the price of bitcoin will go up eventually as the system falls down.

What do you think? (it addresses my suggestion to the OP about investing the money)
1926  Economy / Economics / Re: Greece now targets tax evaders! next step cyprus style! on: April 03, 2015, 12:56:25 PM
This is uncharted waters for Greece. They knew joining the Euro Union would fill the pockets of corrupt 'established ' officials in Government.. the pockets have been filled ...now these corrupt people can walk away knowing full well that Nationalism can cover their corrupt past... Job well done...

It's collectivism. Nationalism its just a facade of collectivism. The leftist socialist crap is the exact same as the right-wing rabid nationalist sentiment.

So there is only 1 side in statism: the collective, which manifests itself in either leftist socialist or right winged nationalist, and alternating between these 2 whenever the other 1 fucks it up.

So in reality this left-right crap is an illusion, there is only 2 real sides: slavery or freedom, and to tell you the collective is not freedom Smiley
1927  Economy / Economics / Re: Bitcoin and macroeconomics: what influences BTC price on: April 03, 2015, 12:52:54 PM

Bitcoins are something you read about daily, so you know their price is subject to volatility. But have you ever questioned yourself what are the reasons behind it?

- Read full article HERE

Well i dont think your article explains it very deeply it only states the obvious. Of course the bitcoin price increases when other fiat is poured into it. Thats a no brainer.

The real question is, what makes people invest in bitcoin with their fiat money? And the answer is mostly following good corporate news like here:
http://www.coindesk.com/companies/investors/

Most of those news outlined on that news site have moved the bitcoin price. And the negative news are generally the regulation & tax news or hack news.

Now thats the real answer.
1928  Economy / Economics / Re: How to save money. on: April 03, 2015, 12:49:05 PM
It's virtually impossible to save in this economy, since the entire system discourages intelligent saving, and promotes braindead consumerism. All this shopping freak women in the mall or these braindead people who stomp on eachother when a new supermarket opens.

And of course all of this is done via credit cards which borrow money from the future generations to pay for the idiocracy of the current one.

========

Side issue aside, the only way to save is to not invest in the current economy (which will fall anyway soon), and invest in the new economy.

So: Gold, Bitcoin, Litecoin, other cryptos (though beware of non-fixed supply cryptos, and dollar pegged cryptos like Bitshare which are snake oil in my opinion), and perhaps farmland & ammunition.

Also inside bitcoin there are investments too. So if you invest like 30% of your portfolio in bitcoin, you can further invest into honest investment mechanism inside bitcoin with small risk like long term loans and such, which if the price of BTC goes up you win 2 times.
1929  Other / Beginners & Help / Re: Did you earn some bitcoin today? on: April 03, 2015, 12:41:07 PM
Well not yet today unfortunately, i was too busy to work on my stuff, but hopefully tomorrow i`ll recover my misses today.

So wish me luck Smiley
1930  Economy / Economics / Re: Bitcoin or gold? on: April 03, 2015, 12:39:52 PM
...

Gold has specialized uses (as a conductor that resists corrosion, they use it critical space applications) that need teh expensive gold, even in tiny quantities.  If gold drops a whole lot, then more industrial uses of gold open up...

But, NOTHING is a shiny, heavy and beautiful as gold!  Check the Periodic Chart, check the alloys, there is nothing like gold.

Sure, platinum and silver have their fans, but gold has already been chosen by humanity as the Store of Value (by the central banks

There is a near-universal high regard for gold throughout the world, I read of an experiment where the scientists put a disk of gold and a same size disk of silver before babies.  Guess which one they all (almost all) chose...  I regret that I do not have a link.

*   *   *

Also re gold, there is NO WAY that the price will drop too low (eg $100).  As physical price would drop, the Chinese and the Indians would start snapping it up at ever-increasing rates.

As would I snap it up.


I do not mean to demean BTC at all.  I have some and am very happy with it.  Bitcoin and gold complement each other wonderfully.

Very true, seems like gold has some sort of psychological appeal to it, some sort of ego materialistic cling, just like people like colorful stuff, since gold is shiny they like it alot.

Bitcoin doesnt have any appeal since it's immaterial, but bitcoin is not about shiny appeal, it's about objective wealth storage. So i guess gold can never beat this.

Who knows how apathyc people would get in the future and they would lose interest in gold, but they can't lose interest in bitcoin because it doesnt have any properties to hate about. It's just an immaterial mathematic concept which 100% of the people on earth could agree about, while gold can be regarded by some as something bad, even if it isnt.

For example some religions in the future could forbid gold.
1931  Other / Politics & Society / Re: Decentralized Army on: April 03, 2015, 12:34:57 PM
When speaking about replacing... what about all the big war things that only a small army cant afford. Plane carrier, stealth bomber, development of these tools.

I think militias has to constantly check things out on other militias in order to prevent that an area, where maybe only rasist or a sect live, have their own legal army and make their own ruling because of that. When the people living their think its fine and good to kill other races then this army is bound to those local rules. Though rules should be defined on a larger scale.

At least some rule would have to be there that militias has to check out the other militias in order to see what goes on there.

Well the idea behind my decentralized militia network is that its very easy to mount a defence and very hard to mount an offence.

You need every militia leader to mount an offence to attack another country, which would expose them as powerhungy and warmongering tyrants, so they would quickly become replaced or reorganized.

But if a real threat is coming then its easy to organize them, since they all have a common goal to defend their land, so they would form a temporary coalition which would be disbanded after the war. And because it would be a defensive army , they could not threaten foreign countries with it.

Now the financing is easy, since all rich people in that land would have a good interest to protect their property, they would donate to the army to defeat the agressors, and every other person that cares about that land.

If 1 militia commits crimes agains humanity, then either those people could move, they would not be bounded to that region, or there is always a civil way of private court system to deal with, and the private court will always rule objectively, and the court orders will be enforced by the other militias too.

So we would have 2 critical networks, the army network and the court network, and whenever militia goes out of line, the hurt people can turn to the court, and the court will enforce its orders with the other non-corrupted militias.

If everything is done well, the majority of the things will never be corrupt, and the majority will always clean out the corrupt minority.
1932  Economy / Digital goods / ■■■■ Free e-book about Storing your Bitcoin Safely! ■■■■ on: April 03, 2015, 12:20:02 PM
Here is my Free E-book about how to store your bitcoins safely and interact with it. It`s basically a sum up of this thread:
https://bitcointalk.org/index.php?topic=1002719.0

But since a forum thread is not that descriptive and it's limited in capabilities of expressing a tutorial. I put together a free e-book of how to store the coins safely on an offline PC, how to interact with it to not leak any sensitive information and also how to clean your USB stick when accesing your wallet, from hidden viruses that could sneak into the USB undetected by most antiviruses.

It's a very good readup, with images, and very descriptive and easy to understand, and best of all its 100% FREE. It's in .pdf format so get yourself a .pdf reader if you don't have one already.

Check it out:
DOWNLOAD MY FREE E-BOOK HERE!

Read it here Online if you down like downloading stuff (on Mediafire)
1933  Other / Beginners & Help / Re: ██ Tutorial: How to keep your Bitcoins 100% secure! ██ on: April 03, 2015, 12:05:16 PM
Alright I finished my e-book, its 100% free to download and distribute, however I would appreciate some donations since I put hard work into writing this (you will find a donation address at the last page of the e-book). It's basically the same thing as in post #1 , but more detailed, with pictures and more organized, as it's hard to explain everything in a forum in detail.

So here is your FREE e-book about how to protect your bitcoin with 100% security (i`ll post this link into post #1 aswell):

DOWNLOAD HERE FOR FREE!
1934  Other / Politics & Society / Re: Decentralized Army on: April 03, 2015, 11:37:05 AM

Wouldnt that court and the overview be again a risk? And if people could change a provate armies boss then this army is useless since they need the power to stop an uproar.

And people fighting an army to change the boss? They would need weapons for that and they would face an army then. Of course, if other militias work, then they could help. Question is if enough people would stand up since i believe the majority would stay in fear.

Maybe the key would be the militias controlling each other. But even then... factions might build with generals who think different or follow a leader that promises them things. Even without an instant war, things could slowly turn bad. You cant intervene because the problems arent big enough but at one point the factions could turn violent and they might be so big that its a real problem then.

No, the citizenry would be armed, it would be a free society. The militias role is only to provide an organized defense of that land.

So if 2 burglars would attack your house you would grab your gun and deal with them. But if 20 burglars would attack it, you would call the militia.
It would both fill the role of police and military in that region.

So the question is weather if 1 militia leader becomes a tyrant how to stop him?

Very simple, the citizenry itself is armed, so the leverage is pretty equal. Also since the militia is from local citizens, they are much likely to disobey as the community doesnt like him. So at this point if in an objective court it is determined that the garrison commander is a tyrant, and it is ordered to leave office the following can happen

1) He wont leave, and will order his henchmen to continue the tyrrany and fear in that region
THEN
    A) the citizenry will revolt because all of the have guys and they could easily combat that garrison of 3000-4000 soldiers
    B) due to the pressure, the soldiers will disobey, try to coup-de-etat him, or just resign from duty, so the tyrant would be left powerless
    C) you call in a neighboring militia or form a temporary coalition of them, which will be disbanded after the conflict is over, to overthrow the tyrant with force and possible a small battle has to take place. Now this is the worst case scenario so the other 2 are more likely to happen
2) He will obey the court order and resign, giving up all power, and possibly face charges because he was a tyrant
3) He will try to bribe the court or threaten it to change the ruling, but this can bring that court's legitimacy in question, and since it's a private court i dont think it's owners would risk this

So this is a perfect example how to handle these unconfortable situations.
1935  Other / Politics & Society / Re: Decentralized Army on: April 03, 2015, 07:49:20 AM

ok yeah that makes sense, like a distributed network of small size army tribes?  how do you stop 1 group not getting too big?

The others will stop them. There will be constant communication between each garrison, if the commander of 1 garrison starts to recruit more people than allowed or buy more weapons, with the mission to conquer the planet, then either the local people would change the leader of that garrison to a better one, or the other garrisons would come in and forcibly replace that commander, if it is found that he abused his power.

A private court system would decide on these problems and instead a big government enforcing the courts, small cooperative militias like this would enforce court orders, so if the garrison commander that abused his power is found guilty and must leave office, then the other commanders could enforce this court order with all means necessary.
1936  Economy / Micro Earnings / Re: where you get bitcoin every day? on: April 02, 2015, 01:39:21 AM
Well if he is spending 12 hours and only getting 0.005 he is doing something wrong because you could get that amount even from only faucet farming, 12 hours is a lot.

0.005 from faucets only in a day?  I'm not really interested in spending my time on faucets, but I'm curious as to how one day of faucet work would even get 0.005 bitcoin?

Well you have to have lightning fingers, a facuets usually pays 1000-2000 satoshi hourly, and it takes 5-10 seconds to solve a captcha, so you can complete 514 faucets in an hour if you work nonstop. Thats 0.01 BTC/hour.

So in 8 hour of work, you can earn 0.08 BTC easily Smiley

Of course if your faucet list is big enough, check out this list for example and see what i`m talking about:
http://bestbitcoinfaucetz.blogspot.com/
1937  Other / Beginners & Help / Re: Did you earn some bitcoin today? on: April 02, 2015, 01:35:11 AM
Today nothing yet, i have pending payment from microwallet.org, but it looks like its freezed for some time, i hope it gets resolved fast....
1938  Other / Politics & Society / Re: Decentralized Army on: April 02, 2015, 01:24:26 AM
Hows about a decentralized army which instead of regular armies could protect their baker using the Darkleaks back-end code (www.darkleaks.com)?

People would pledge a small amount of bitcoin to claim a protection for an irregular army. This would ampute more power from governments who are illegitimate imao.

What do you think? Discuss.

I'd be happy to support such an army if they are going to protect real freedom.  I'd be worried how they'd function, i assume public would give the orders.

See thats the problem with a regular army, because it's run in a hierarchic scheme, and soldiers have to follow orders or get court martial, weather they like the order or not. And of course the court martial judges are superior officers aswell, so if they are corrupt, they can find him guilty for any bogus charges, and lock him up for good.

And of course the generals can always be corrupted by corporate interest, or private interest, so its really a bad idea to have an army organized like that.

Instead, i think the best solution for private defense is local militia groups, of brigade-size run by a coalition of superior officers, which are elected by the local people. And the militia groups are equal sized and cooperate horizontally, with no superior officer holding the brigades together. So you`ll have a garrison commander, of 1 star general and 10 colonels,  which manage their own regiments.

And the 1 star local garrison commanders cooperate between eachother with other militia groups, and dont have 2 star generals ruling over them.

Does that make sense? Horizontal cooperation, not hierarchical, to avoid powerhungry "Caesar" type generals to create military dictatorships Smiley
1939  Bitcoin / Bitcoin Discussion / Re: What did you learn about Bitcoin today...? on: April 02, 2015, 01:12:59 AM
I learned that the economy is is worse and worse shape every day goes by, so I`ll buy bitcoins very soon because it might go to the moon very soon Smiley
1940  Other / Off-topic / Re: Are you spending your Bitcoin? on: April 02, 2015, 01:01:44 AM
I had about 3 btc

Current holding .1btc

Reason: gambled away since I win and never learn to walk away like so many others. luckily though this is all non-paid and all earned bitcoin I accumlated which is a small amount compared to most.

I official hold on the amounts I earn now, and gamble less. It feels way better to see a balance of a solid 1 btc then a zero.

I have about 2 BTC

I have spent 1.5 BTC for food

I lost all the rest

Now I am broken. LOL

If you lost your 0.5 Because it got stolen i highly suggest you to check my tutorial how to keep your bitcoin safe:
https://bitcointalk.org/index.php?topic=1002719.0

===

Btw why did you buy food with bitcoin when you can do that with real money, i think bitcoin is better an investment than a spending currency isnt it?
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