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2061  Economy / Economics / Re: Bitcoin or gold? on: March 25, 2015, 05:21:12 PM
BTC is easier to carry, you can travel around the world with it, but gold's easier to sell, and there are more buyers. I bet there are more gold ATM than there are BTC ATM in the world. All the Chineses and Indians love gold.

Why do you think physical gold is easier to sell? Have you ever sold gold bullion in real life? You can sell bitcoins at any of the multiple exchanges out there within just a few minutes (actually, transaction confirmations would take longer than the selling process itself)...

Yes, very easy. You walk into a bank, you put your gold coins on the desk, and they give you cash straightaway. That's in lovely Switzerland. Anyone knows of a shop where you can sell BTC for cash? It's much faster than selling BTC online, because you have to wait 24 hours to have the money on your bank account.


That's the fiat's money's problem not bitcoin. The fact that you have to wait 24 hours to get the cash is your bank's and the fiat system's fault. How is that bitcoins fault? It isnt.

So if all people would use bitcoin, they would only need to wait 10 minutes.
2062  Other / Politics & Society / Re: How Social Justice Warriors Are Creating An Entire Generation Of Fascists on: March 25, 2015, 05:03:33 PM
What you should do is give people a free society where everyone can pursue their dreams. And that's only gonna work in anarcho-capitalism.
I won't claim to know we can make anarcho-socialism work on the same scale as industrial capitalism,  but I know for a fact that anarcho-capitalism is an oxymoron and an impossibility. Capitalism is a hierarchal system using systematic violence to maintain the hierarchy, it is absolutely antithetical to anarchism. In capitalism he with the most wealth rules, always. Capitalism is an invention from the gunpowder age that translates poorly to modern society. Ethics were much simpler back then. Reason urges us forward while our fear change holds us back. For now.

Capitalism is a dead thing walking, propped up by the embalming fluid of never ending debt and austerity. It will be over soon, but not nearly soon enough.

What you described there is not capitalism, what you describe there is corporatism or fascism.

Pure capitalism never existed yet, or atleast not in modern times. The capitalism since the middle age was mostly mercantilist (government intervention, overprotection of peer merchants, anti-free trade, high tariffs, capital control,etc etc) or just simply corporativ-fascist.

You must look up the real definition of capitalism then because you don't have a slightest clue what it means.

Furthermore anarcho-capitalism also allows the existence of socialist communes, whereas anarcho-socialism doesnt allow capitalism, thats the difference. See in anarcho capitalism you can just buy up a huge property with your commune and establish there a socialist commune just like the jewish people do with their kibbutz system.

I have no problem with socialism, if it's voluntary. Sure get 1000 people and set up a socialist commune where you voluntarly agree to help eachother, i have absolutely no problem with that.

What i have problem with is when you try to force your commune on me, because i dont want to be a part of it.

That is the fundamental difference between capitalism and socialism, in capitalism you vote with your money, voluntarly (yes there will be some equality problems but as long as other people dont threaten you with force, there will be no other problem aside from envy)

However in socialism you can't voluntarly ask people to work with you, and when they dont you will use force agains them, which is the fundamental flaw with it.

--------------------------

Do you understand that the crooked capitalists, the billionaires were created by the government? They used the government as a tool to eliminate competition.How is that capitalism? It's fascism.

Furthermore in a perfect capitalism system the wealth inequality would be directly proportional to people's talents and i guarantee to you that it would be much lower than today. Every able bodied people is capable of something and in a free society they can pursue their dreams without regulation and taxes. The unfortunate will get donations from charity.

If you eliminate force from society then, and only then people can be free. And that my friend socialism can never do because in socialism the commune dictates the terms and every opposition member will comply by force... Smiley That's not freedom!
2063  Economy / Economics / Re: Is deflation truly that bad for an economy? on: March 24, 2015, 02:46:09 PM
The other members of E.U. must kick out Germany.

Then there is nobody left to rob from and it will immediately collapse. The whole point of the current ongoing european QE is to rob a wealthy country and then give that money into loan to : Portugal,Spain,Greece,Italy,Cyprus and other socialist countries who can then give it to lazy fat TV-watcher welfare dumbasses.

Jobless rate is going higher and higher even with the stimulus that they are so proud of that it works, no it doesnt, it will go up until eventually the hard working people will be taxed 99.99% and the lazy welfare leftists will enjoy free meal and other free stuff.

Banks robs everyone, if other countries left, then German government will be debt-laden, just like in US. If other countries stay, people could blame some countries like Greece or Spain. In fact, without debt-laden countries buying lots of things from Germany, German people can not make a net profit

Anyway, they will all be robbed by ECB, working hard or not working, does not matter. It seems the southern European people are much wiser and they know how to live like bankers: Only consume, no work Grin Grin



Yea banks do rob everyone right now at this moment through inflation. The problem is that they are only opportunists, they adapt to the system. It's the central bank that's the king-pin , they are the ones that destroy the economy.

Yes the problems are mutual in the EU, i guess Germany doesnt care if they go bankrupt, and shouldnt. I mean let them leave the EU zone, go bankrupt and then join again after they recovered...
Because if they stay, they will just destroy the EURO,which when it comes to hyperinflation, will hurt Germany too.
2064  Other / Politics & Society / Re: How Social Justice Warriors Are Creating An Entire Generation Of Fascists on: March 24, 2015, 02:36:40 PM

I want a society ruled by reason, we live in a society ruled by the forces of violence, coercion, and mass deception. All justified in the name of sacred profit.


I want it too, unfortunately socialism will never bring that.

Socialism is a demagogue wishful thinking idealist propaganda that is used by the leftist ruling class to give them absolute power.

You can't have anarcho-socialism, its a contradictory statement. You cannot force people to pay in your "commune" , because if you do then you are not an anarchist, you are a communist.

See, anarcho-socialism will last about 5 minutes then it will slip into classic communism where a ruling class will emerge that will subjugate their inferiors.

You wan't total equality? Guess what, that will never happen because humans are not born equal, every one of us has strenghts and weaknesses, you cant equalize it and you shouldn't.

What you should do is give people a free society where everyone can pursue their dreams. And that's only gonna work in anarcho-capitalism.

2065  Other / Politics & Society / Re: How Social Justice Warriors Are Creating An Entire Generation Of Fascists on: March 23, 2015, 02:54:50 PM
Unfortunately until people realize that democracy is also a form of tyrrany we can never have clean capitalism.
Like most libertarians, this person completely fails to accurately conceive how a capitalism without democracy would feel.

Sorry but that's the truth, i read the first few paragraphs of that article and immediately regocnized what a piece of trash leftist propaganda it is.

Capitalism without democracy is freedom. Or you want to have a society ruled by force? Then by all means go leftist, because capitalism is atleast voluntary, leftist factories as described there are just inneficient and useless.

Yes automatization will happen, but only because the governments tax the factories too much (to pay for the welfares of the leftist all-day-watch-tv types of scumbags), and employers have to reduce the costs, since already the governments force them to pay all kinds of insurances. If it werent for that, wages could become normal, and even increase.

In my country an employer has to pay 60% of the salary to the government in all forms of social security or other BS, plus it's also taxed on his own profit.

How much fucking left do you want to go if already 70% of the GDP is controlled by the fucking government.

And leftist whine about the "evil capitalists" controlling all resources when it's obvious to me that the government does. So grow up guys.
2066  Other / Off-topic / Re: Best antivirus? on: March 23, 2015, 02:27:25 PM
Kaspersky Internet Security 2015.

I use that this year and it works perfectly: Antivirus, Anti rootkit, anti-spyware, anti-malwate, secure-input (to prevent keylogging) ,firewall, blocks browser scripts that are malicious, blocks fake phising sites, and other protections.

I also used AVG but for 2015 it didnt seemed that equipped as Kaspersky.
2067  Other / Beginners & Help / Re: Best Paying Bitcoin Faucets list for newbies :) on: March 23, 2015, 02:15:13 PM
Could you please add my faucet to your rotator? We are a faucet with a clean and modern design!

http://bitcoinshowers.com

Our bitcointalk thread:

https://bitcointalk.org/index.php?topic=892789.0

Vendor682 lost his password for his account on this forum, but told me that the faucet was added, check it out:
http://bestbitcoinfaucetz.blogspot.com
2068  Other / Beginners & Help / Re: Are my BTC at risk ? on: March 23, 2015, 02:05:29 PM
Hi,

I use bitcoin-qt and I had an encrypted wallet.dat file stored in a few safe places.
I wanted to check whether I still remembered the password. I copied the stored wallet.dat file into the Bitcoin folder and opened Bitcoin-qt. The quickest way I could think of testing whether I remembered the password was to select the option "create new password", which obviously requires the old password.  Upon performing this action and therefore confirming that I do remember the password of the stored wallet.dat I proceeded to delete this "testing" wallet. I have not made any transactions or any other actions with the testing wallet.

However, later on, I have read that every time you change your password previous backups of the wallet become useless. I have run again bitcoin-qt using the old back-up and the funds are still there, however I would like to ask to the experts of the forum whether these wallets are now useless or whether I could face some problems in the future.

Thank you.

If there is not keylogger that could memoryze the password when you wrote it in then i guess it's secure. Otherwise always do a system scan for viruses before you access your wallet.
2069  Economy / Micro Earnings / Re: Legit bitcoin faucets sites on: March 23, 2015, 02:03:24 PM
Try out the BEST BITCOIN FAUCETS:
http://bestbitcoinfaucetz.blogspot.com

Just as the name says there are the best, and it's constantly updated.
2070  Other / Beginners & Help / Re: Everything bitcoin in baby language on: March 23, 2015, 01:50:13 PM

Hey good work, we need artists (writers) in the bitcoin community too.

If you want to monetize it just upload it to https://www.btcdlc.com

I sell also my stuff there, you can sell any digital good there for bitcoins, good luck Smiley
2071  Economy / Exchanges / Re: Good site to buy Bitcoins with debit/credit card? on: March 23, 2015, 01:34:57 PM
Check the wiki page for all the trusted sites that you can buy from:

https://en.bitcoin.it/wiki/How_To_Buy_Bitcoins_With_Your_Credit_Card

Also i think cex.io is very good, although some times high price.
2072  Economy / Economics / Re: I need bitcoin to be $690 to break even.....will I make it? on: March 23, 2015, 01:23:20 PM
It should see $690 again in at least 3 years or less.
But clearly you're in a tough position when you bought so much at such a high price.
All I can recommend you to do is... Hold!

Yes, i agree, unless he needs the funds immediately, he should hold. No reason why to sell now, the price of it is stable and eventually if you wait it out i will get back above 690$.

Of course it can also go to 0, but that means that the whole project will fade away and something better comes along, much better, and if thats the case then he`ll have another opportunity to get rich quick...
2073  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: March 23, 2015, 01:20:39 PM
Well, I believe 1000 bitcoins would be enough to retire. At least for me. So, try to collect this amount of BTC and you could retire and never work again.

same, but there is a risk involving the fact that bitcoin may be non-existing anymore in the future, replaced by something else

if someone can accumulate that fortune early would be better, the price should be already high, in 5-10 years from now, no need to wait 20...

You cannot isolate a market from the economy. It may or may not reach that, but it all depends how the global economy performs, and in my opinion its close to collapse.

Yes the next crisis is only months away, although i dont know if they can stall it any longer, but even though in this crisis we can see a significant increase in bitcoin's price.
2074  Other / Politics & Society / Re: How Social Justice Warriors Are Creating An Entire Generation Of Fascists on: March 23, 2015, 01:09:41 PM


You know that the nazis were socialists right? Your definition is an oversimplification at best, and confirmation bias at worst.



Yes i know so whats your point?

You guys confuse definitions, saying fascist is not what it is. There are fascist elements now in big corporations becuase they work together with government, that is what fascism means.

On the other hand here is another group of equality: feminist, social justice, all sorts of equality bullcrap, and they are very leftists, hardcore socialists.

So basically in current society we see a battle between big corporations (fascists) and leftist equality agitators (socialists), whom battle for their own agendas.
This one is correct. The Nazis were fascists in practice and "national socialists" in name Only.  This is basic shit folks, learn your terms if you're going to include yourselves in the conversation. Fascism is the collusion of governments with businessmen. It is a form of tyranny because the government is not operating in the interests of the people it is supposed to serve, but instead operating in the private interests of the political elite. Capitalism compels selfish men toward this end.

Any earnest student of history should by now see clearly that democracy and capitalism are fundamentally incompatible with one another.

No no, the nazis were socialists with fascist elements. They did the same socialist stuff as nowadays socialists do (welfare for poor germans etc etc), its only that they did that only with their own nationality and had xenophobia for any other nationality.

I would say 50% socialist, 10% fascist and 40% hatred and xenophobia.

Yes fascism is the decline of capitalism due to democracy and the control freaks trying to extend their power even further.

Capitalism is a perfect concept based on logic and the behaviour of humans, democracy is not.

Democracy is a scam where you give idiots power to vote in tyrants who then legitimize their tyrrany by saying "we are only doing what our voters asked for" and similar nonsense propaganda.

Unfortunately until people realize that democracy is also a form of tyrrany we can never have clean capitalism.
2075  Other / Beginners & Help / Re: INVEST BITCOIN!!! on: March 23, 2015, 11:40:10 AM

It is not even a true front running, since front running involves some risk for the exchange. But when a market is tight, that is, where the difference between a lowest ask and highest bid is minimal (and cannot be less than that), you as an exchange can place your buy and sell orders before anyone else, and safely earn profits (in case of dogecoins two opposite trades will earn you 2% profit at present)...
That's just arbitrage then, thats no big deal, many people do it, and it's actually beneficiary because it provides liquidity and better prices for those who wish to sell/buy.
The whole purpose of traders is to provide better prices for commercial buyers or personal buyers.

I`m not familiar with their exchange model , are they market makers or just simple peer-to-peer exchange?

There could be no slippage by any means. How can an order be executed at a different price other than what you set it at?
Sorry i was confusing it with CFD's. Are they peer-to-peer exchange right?

If yes then dont worry about slippage, it only exists in CFD markets. In P2P markets you set the price.

2076  Alternate cryptocurrencies / Altcoin Discussion / Re: PoS coins on: March 23, 2015, 11:32:51 AM
Because now the coins are owned by a few geeks, wait until it spreads out into the mainstream, where people will own less coins (regardless of the price, they might own more wealth, but own less coins / capita since 1 coins would be more valuable) , then people would not care about doing it, or just forget about it, and then the security could be compromized.

Imagine what would happen to the number of transactions per day in your scenario: It would go up by magnitudes. This means minting/forging income per owned coin would go up drastically too.

Probably but if many people would own it, then not all of them would put it in forging mode, so less % of them would be staked, which compromize the security of the network.

Also if everyone would forge it then nobody would transact it because they dont have access to the coins if they forge right?

So it seems to me that either way (with many transactions ->big reward ->causing many people to forge but less people to spend-> less transactions) we are back to square 1.

And it only takes a few hours or days of imbalance, where enough security would be compromized to destroy the network.

So i`m skeptical about it.
2077  Other / Beginners & Help / Re: INVEST BITCOIN!!! on: March 23, 2015, 11:23:54 AM

What do you mean by slippage here? Actually, there are two options to explain this. The first is that they are pushing their own orders (or someone else's who is close to them) ahead of anyone else, or their trade engine is broken. I asked them about this issue. At first they pretended they didn't understand what I meant, but when I showed them screenshots, they had nothing left but to just ignore me...

Slippage is when the order is delayed and executed at a different price than it was set, due to the oveewhelming of their servers.

Although in your case i smell a scam alert, they could be a bucket shop like mt.gox , if this happense again i think you should open a thread about it, and expose their scammer asses so that people should be aware of this.

If they intentionally put the orders ahread of yours thats called front-running and it's the method that scammy exchanges use in many markets.
2078  Other / Beginners & Help / Re: How many confirmations until i can re-send the money on: March 23, 2015, 11:18:59 AM

First of all, it is wallet.dat not wallet.wallet. Smiley There are keyloggers which will save the password and then open it and next time you connect to internet, a TX popups in your wallet.
Well in armory its .wallet, but whatever i see your point.

You can detect Trojans, worm etc... easily but it's hard to detect keyloggers and it appears most in pirated copies of Windows and Mac OS. You won't know whether there are keyloggers when you do a quick-scan untill you do a deep scan or untill you find a TX.

People should use antiviruses in 2015, especitally if they store wealth on their PC. C'mon thats a basic safety protocol, nobody is dumb enough to ignore it?

Also when they download pirated stuff they should check the reputation of the uploader.

Even if they buy an original copy there can be some hidden spyware there intentionally put there by the governments to spy on people.

Many cases of firmware have been confirmed to contain surveilance viruses...
2079  Other / Beginners & Help / Re: INVEST BITCOIN!!! on: March 23, 2015, 11:13:05 AM

And to gain huge profits you even don't need insider information as such. It is enough to be able to place your bids and asks before anyone else in the order-book in a tight market like that of dogecoin. I've caught cryptsy doing just that (have snapshots of my orders being pushed further in the order queue)...

I don't trade there any longer

That could be only a slippage, probably not intentional.

If it's intentional though then they are then a bucket shop and probably not good to trade with them.
2080  Economy / Economics / Re: Is deflation truly that bad for an economy? on: March 23, 2015, 11:07:41 AM
Actually, Germany is the most lazy country. They dont work, they use immigrants to do their works. The whole Germany builded by immigrants.

I would disagree with that, but there are certain elements of power there that made them be the "kings of europe".

First of all they got huge aids after WW2 whereas nobody else got that, so they are the favorite country of the banking class.

Also since their economy is heavily subsidised (yet not from their own taxes in a socialist manner, but from the levy they take from other EU contries), so basically it's socialism without high taxes and moderate debt.

Of course this has roots from the Deutsche Mark when it was backed by gold, and it was deflationary, so it became a big target for global investment.

Also they are heavy exporters, their companies conquered literally, europe, and using their government and EU henchmen to fabricate legislation that prevent competition.

Basically they are a combination of mercantilism and socialism, and they use the less fortunate EU members are collateral for the EU debt.

If's like if you feed the cattle before you eat it sort of tactics, it's disgusting, but its mutual. The other socialist contries need that  debt, otherwise they would not be socialists.
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