А говорят, дарёному коню в зубы не смотрят... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.paritynews.com%2Fwp-content%2Fuploads%2F2013%2F09%2Ftrojan-horse-malware.jpg&t=663&c=FxelWzkj4hIMAw)
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Ok, it is legit, but does its legitimacy give it value? ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) All of the traders give it value ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Also, the incredible amount of electricity and of equipment that is used to maintain the network contribute to the intrinsic value of a coin. Speculation, you probably wanted to say (with that I agree). The other part of what gives Bitcoin value is very questionable though (and I don't even say there is no such thing as intrinsic value of a coin)... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Все-таки будут топиться дровами ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Особенно в свете этогоГде они дров то возьмут? В Европе все леса давно вырублены. Даже если они вырубят то, что осталось, то на долго этого не хватит. А из Сибири... газ всё же дешевле им обходиться будет. Дров может и нет, а вот уголёк есть... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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What do you mean? You buy gold derivatives (e.g. gold cash-settled futures) through exchanges, no one promises to deliver you physical gold... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Well that's the problem; with that system, you are never actually holding something of value, only the promise of something of value. This does not work as a safe currency, since you need to trust a third party to say that what you hold has value, and that's one of the problem that Bitcoin solves Do you really think that Bitcoin solves this problem? ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Well yes! When you have a coin, many petahashes of verifiable logic have confirmed that it is legit. Ok, it is legit, but does its legitimacy give it value? ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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What do you mean? You buy gold derivatives (e.g. gold cash-settled futures) through exchanges, no one promises to deliver you physical gold... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Well that's the problem; with that system, you are never actually holding something of value, only the promise of something of value. This does not work as a safe currency, since you need to trust a third party to say that what you hold has value, and that's one of the problem that Bitcoin solves Do you really think that Bitcoin solves this problem? What makes you think that Bitcoin is a safe currency? ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) And I don't even talk about fundamentals, just look at its exchange rate dynamics! ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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this looks better ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Nah, cryptography looks a lot better http://www.extremetech.com/wp-content/uploads/2014/02/Code-640x353.jpg Definitely Bitcoin. Gold is way too slow and difficult to move to have any use for trading in the age of information.
You can buy "paper" gold (yes, I know about its drawbacks and all that)... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) It would still be irrelevant for commerce through the internet, wouldn't? And central authorities would have to massively adopt this so it could be useful, I very much prefer cryptocurrencies' decentralized system. Strictly speaking, no, it wouldn't. But there is no problem selling it at any moment, so it doesn't actually matter. And that's why central authorities don't need to "adopt this" at all, they already have fiat... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) But how could someone know that the paper gold is actually legit, if it was not controlled by a trusted third party? What do you mean? You buy gold derivatives (e.g. gold cash-settled futures) through exchanges, no one promises to deliver you physical gold... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Well, to be fair to Romania, it was not Hitler's ally by its own volition. On the other hand, "Russia is threatening the eastern block with it's gas". Do you mean, "asking for the debt for already-delivered gas to be paid". Or did you mean something else that slipped my attention? Last time I checked Lithuania got quite a good gas deal with Russia. So did Poland. And what "Eastern block" are you talking about? Don't forget, you are now NATO. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) No , I was talking about threatening with cutting the gas supply. Romania has no debts and it never went overdue with the payment. But there is always a stupid russian with too much vodka on board and to high in the the government that threatens to cut the gas with no reasons , just to show "how might" the russian empire is. That doesn't help too much. Whom are you actually talking about? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Dmitry Rogozin and his damn twitter account: http://en.wikipedia.org/wiki/Dmitry_RogozinI guessed right. Don't take him seriously (he has no real power)... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Definitely Bitcoin. Gold is way too slow and difficult to move to have any use for trading in the age of information.
You can buy "paper" gold (yes, I know about its drawbacks and all that)... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) It would still be irrelevant for commerce through the internet, wouldn't? And central authorities would have to massively adopt this so it could be useful, I very much prefer cryptocurrencies' decentralized system. Strictly speaking, no, it wouldn't. But there is no problem selling it at any moment, so it doesn't actually matter. And that's why central authorities don't need to "adopt this" at all, they already have fiat... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Bitcoin or Gold? What would you pick?
Gold, absolutely A shrewd decision taking into account that gold's current price is near its cost of production, so it just can't fall much lower for a long period of time (but just long enough to take longs, no pun intended)... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) There is no such thing as a single price point "cost of production" for gold, because the true underlying costs represent a monotonically-increasing function based on the underlying difficulty of obtaining the gold. Market price drives cost of production in the sense of what kind of supply preferences are going to actually be realized in the market, and not the other way around. I know about this, but nevertheless, we can still calculate an average cost of production for gold in respect to mines, countries or continents. Look here for more info (beginning of 2013 data)! ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Definitely Bitcoin. Gold is way too slow and difficult to move to have any use for trading in the age of information.
You can buy "paper" gold (yes, I know about its drawbacks and all that)... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Well, to be fair to Romania, it was not Hitler's ally by its own volition.
How's that? ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) In 1940, Romania's territorial gains made following World War I were largely undone. In July, after a Soviet ultimatum, Romania agreed to give up Bessarabia and Northern Bukovina. Two thirds of Bessarabia were combined with a small part of the Soviet Union to form the Moldavian Soviet Socialist Republic. The rest (Northern Bukovina, northern half of the Hotin county and Budjak) was apportioned to the Ukrainian Soviet Socialist Republic. Shortly thereafter, on 30 August, under the Second Vienna Award, Germany and Italy mediated a compromise between Romania and the Kingdom of Hungary: Hungary received a region referred to as "Northern Transylvania", while "Southern Transylvania" remained part of Romania. Hungary had returned all of Transylvania after World War I in the Treaty of Trianon. On 7 September, under the Treaty of Craiova, Southern Dobruja (which Bulgaria had lost after the Romanian invasion during the Second Balkan War in 1913), was ceded to Bulgaria under pressure from Germany. I think this clears any doubt about "own volition" No, it doesn't. To be an ally (in the true sense of the word without reservations) against one's free will sounds oxymoronic to me... ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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Well, to be fair to Romania, it was not Hitler's ally by its own volition. On the other hand, "Russia is threatening the eastern block with it's gas". Do you mean, "asking for the debt for already-delivered gas to be paid". Or did you mean something else that slipped my attention? Last time I checked Lithuania got quite a good gas deal with Russia. So did Poland. And what "Eastern block" are you talking about? Don't forget, you are now NATO. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) No , I was talking about threatening with cutting the gas supply. Romania has no debts and it never went overdue with the payment. But there is always a stupid russian with too much vodka on board and to high in the the government that threatens to cut the gas with no reasons , just to show "how might" the russian empire is. That doesn't help too much. Whom are you actually talking about? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Depends on how carefully Stunna goes through every single member, might end up being paid as a Sr just because its the rank he has when sending the message. :p
Stunna explained that he will pay according to your status on the payment day. Once he tried to pay differentially and it wreaked havoc (some got overpaid, some like me ended underpaid)... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Thats a costly but ethical decision though, I would do the samee Yes, it was a generous decision on Stunna's part! ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) I can imagine though that on a scale like this, small differences make a big payout amount difference. Yes, but there are only two viable options available to Stunna... And the one I didn't mention would likely cause dissatisfaction among us and would require more work from Stunna... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Well, to be fair to Romania, it was not Hitler's ally by its own volition.
How's that? ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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Лоханулся он, чё там! Надо было Алису жать!!! ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) А по ночам Мальвина любила смотреть одним глазом на звёздное небо и вспоминать о том незабываемом поцелуе, который ей подарил Буратино... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Hello, I have a question: Right now i am in full member status, but i think i will become sr member in week or max ten days, so how do you know when i became sr member during this month? Are you going to pay me as a full member or you are going to pay me the rate for full member for the posts i made as gfull member and the rest as a sr member?Thanks! BR
I think you get paid as full member, because you did most of your post as full member. Depends on how carefully Stunna goes through every single member, might end up being paid as a Sr just because its the rank he has when sending the message. :p Stunna explained that he will pay according to your status on the payment day. Once he tried to pay differentially and it wreaked havoc (some got overpaid, some like me ended underpaid)... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Thats a costly but ethical decision though, I would do the samee Yes, it was a generous decision on Stunna's part! ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Hello, I have a question: Right now i am in full member status, but i think i will become sr member in week or max ten days, so how do you know when i became sr member during this month? Are you going to pay me as a full member or you are going to pay me the rate for full member for the posts i made as gfull member and the rest as a sr member?Thanks! BR
I think you get paid as full member, because you did most of your post as full member. Depends on how carefully Stunna goes through every single member, might end up being paid as a Sr just because its the rank he has when sending the message. :p Stunna explained that he will pay according to your status on the payment day. Once he tried to pay differentially and it wreaked havoc (some got overpaid, some like me ended underpaid, though I was paid in full later)... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Bitcoin or Gold? What would you pick?
Gold, absolutely A shrewd decision taking into account that gold's current price is near its cost of production, so it just can't fall much lower for a long period of time (but just long enough to take longs, no pun intended)... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Obama pledges more troops & military drills in Eastern Europe Oh... there will be no shortage of money. The US defence budget is more than $600 billion. So this is less than 1% of that. As long as the Eastern Europeans are OK with the American military presence on their soil, I am not complaining. Following the remarks of that stupid russian minister with his bomber and the way Russia is threatening the eastern block with it's gas I want to let you know that the attitude here in Romania has shifted from 50/50 fuck the usa/russia to 10/90. After the rt propaganda that the Romanian army will be obliterated in 30 minutes the arrival of more us fighters as well as 6 canadian jets on our soil has been for the first time well received by the public.. Talking about shooting yourself in the foot No one actually cares about Romania and its army here (lol, I agree with your comment about that stupid Russian minister if you mean Rogozin), though we didn't forget that Romania was Hitler's ally and it happened to get off cheap... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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It was an autonomous republic in Ukraine ( autonomy doesn't mean true independence). And its population was pro-Russian, that's why they decided to join Russia. The factor of urgency is irrelevant to the legitimacy of accession, but is very well explained by what is happening in Donetsk and Lugansk regions right now... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Make up your mind! If they weren't truly independent, then they had no right to make that sort of decision to join Russia I have already explained what's happened, why should I repeat myself? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) But nevertheless, you seem to not even understand that according to your own logic there is no way to become independent (unless it is given as a gift from the sovereign). What about the 4th of July and the Independence Day, lol? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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