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22441  Other / Politics & Society / Re: Your view on shale gas exploration ? on: December 09, 2013, 11:37:32 AM
Agreed on the 1st and 2nd sentence, but biodiesel and ethanol haven't been eco-friendly, because some devastate rain forest to obtain the raw materials for those fuels

Even in a densely populated nation like India, 20% of the agricultural land is being kept fallow due to the lack of resources. These wastelands can be used to grow bio-fuels. Cutting down rainforest to plant sugarcane is insanity at its peak.
22442  Other / Politics & Society / Re: Will China go to war with Japan? on: December 09, 2013, 11:29:37 AM
So what's incorrect about my point exactly? It has been pretty well known (or rather obvious) since the end of the war that Russia grabbed these small islands in order to establish their control over the strait. In fact, Stalin at first was planning to occupy the whole island of Hokkaido
Please clarify what I got wrong...

See this:


You said who ever controls Iturup and Kunashir will gain the control of also controls the La Pérouse Strait.

That is wrong. La Pérouse Strait is far away (North-west of the disputed area).

22443  Economy / Service Discussion / Re: Cryptsy, BTC-E and Hotmail account hacked on: December 09, 2013, 11:25:01 AM
Use Lastpass to generate a 30 char password for every website you have. I don't know any of my passwords because all my usernames and all my passwords are different on every site I have registered on.

But then how will you store your passwords? Storing them by writing down in paper is not safe.
22444  Bitcoin / Bitcoin Discussion / Re: How many tulips would you sell a bitcoin for? on: December 09, 2013, 11:22:44 AM
I'll exchange 1 BTC for a pack of 5,000 Darwin Hybrid Tulips.

Then I'll exchange those tulip bulbs for $2,500 and buy 2.5 BTCs.
22445  Bitcoin / Bitcoin Discussion / Re: Your BTCs CAN Give you Super Powers on: December 09, 2013, 11:19:49 AM
I'll chose time travel.

Then I'll purchase some AK-47s, go back to AD 1500 and give it to the native Americans. There will be funny situation when Colombus and other conquistadors come to slaughter them.
22446  Economy / Speculation / Re: Everyone Betting On Bitcoin Will Lose All Of Their Money on: December 09, 2013, 11:16:58 AM
A lot of people are using Bitcoin for ideological reasons. That makes sure that Bitcoin will not lose all of its value.
22447  Bitcoin / Bitcoin Discussion / Re: Identity of Satoshi Nakamoto Revealed on: December 09, 2013, 08:28:10 AM

The logical assuming to make though (most likely scenario) is that Satoshi read about Szabo's work, and got inspired by it. Then all of a sudden some of Satoshi's earlier comments would also make more sense.

This seems to be the most possible conclusion. And we should remember that Bitcoin and Bitgold are not similar at all, despite their names suggesting otherwise.
22448  Bitcoin / Press / Re: [2013-12-07] A currency almost doubles in value in a single day! on: December 09, 2013, 08:22:31 AM
I think it is a bubble, like the tulip bubble.

Lol... tell that to Nout Wellink (the guy who tried to destroy ABN Amro), who recently compared the bitcoin boom to the tulip mania.
22449  Bitcoin / Press / Re: [11/27/2013] - What goes up must come down - NYTimes on: December 09, 2013, 08:19:37 AM
Is there anyone at all that predicted that bitcoin will rise for 15$ to 1000$ ? And kids starting "bitcoin will be 1000000000000000000000$ in 2 hours"
threads don't count  Roll Eyes

Well... I could find only one link. But I am sure that there are plenty more.
22450  Economy / Trading Discussion / Re: whats the cheapest and easiest way to get money from PAYPAL to BTC-E on: December 09, 2013, 08:13:48 AM
3. would be buy PPC with BTC on BTC-E


thanks for the advice.

Please check the exchange rates in VirWox and calculate how much it'll cost you. If the rates are too high, then consider some other mode of payment and purchase from Localbitcoins.com.
22451  Bitcoin / Bitcoin Discussion / Re: Satoshi has how many Bitcoins? on: December 09, 2013, 04:30:02 AM
1) Ulbricht might have made a deal to transfer the coins into some sort of escrow (perhaps a split-key controlled by the FBI and his lawyer).

Ullbricht is still claiming that he is not the real DPR. So why he should make a deal to transfer the DPR Bitcoins?
22452  Economy / Trading Discussion / Re: whats the cheapest and easiest way to get money from PAYPAL to BTC-E on: December 09, 2013, 04:27:48 AM
Hmmm... the only way which I know is:

1. Buy Linden dollars with Paypal USD through VirWox

2. Buy BTCs for Linden dollars through VirWox

3. Transfer the BTCs to BTC-E and convert them to Paypal USD.
22453  Other / Politics & Society / Re: Switzerland to vote on $2,800 monthly ‘basic income’ for adults on: December 09, 2013, 04:24:58 AM
The obvious comment is the source of payment, who will pay so much money !!
In my ideal conception, this one is very easily solved considering the roughly 480 Billion Euros accumulated by the Swiss National Bank in just a few years, with the grandiose illusion of maintaining a minimum exchange rate and bailing out the Euro and the more real reason of European solidarity and piling on debt on the Swiss economy. This is lost money in the near future anyway, so one could even consider just handing out Euros.

It is not that easy. The 480 billion Euros currently held by the Swiss bank is the amount accumulated over many decades. It won't be enough for 3 years of handouts. After that what they'll do?

Also, even if the Swiss bank offloads just one-third of its reserves, the Swiss Franc will collapse by 100% or 200%. (Right now 1 CHF = 1.1 USD, it can become 1 CHF = 0.4 or 0.5 USD).
22454  Other / Politics & Society / Re: Your view on shale gas exploration ? on: December 09, 2013, 04:19:56 AM
1) Do you agree with shale gas exploration in general?

No. In my opinion, shale gas exploration leads to irreversible environmental damage.  It is not economically viable either. We should rather invest in eco-friendly initiatives such as bio-diesel and cane-ethanol.

2) Would still agree withit  if those drilling will be done close to the community where you leave?

No. The entire area will become uninhabitable.
22455  Other / Politics & Society / Re: Will China go to war with Japan? on: December 09, 2013, 01:45:29 AM
Those small islands are almost 1/4 of Japan.
According to wikipedia:
"Sakhalin is a classic "primary sector of the economy" relying on oil and gas exports, coal mining, forestry, and fishing. Limited quantities of rye, wheat, oats, barley and vegetables are grown, although the growing season averages less than 100 days.[17]
Following the collapse of the Soviet Union and economic liberalization, Sakhalin has experienced an oil boom with extensive petroleum exploration and mining by most large oil multinational corporations. The oil and natural gas reserves contain an estimated 14 billion barrels (2.2 km³) of oil and 96 trillion cubic feet (2,700 km³) of gas and are being developed under production-sharing agreement contracts involving international oil companies like ExxonMobil and Shell."

Those small islands may be completely worthless as such but he who controls them also controls the La Pérouse Strait which divides the southern part of Sakhalin from the northern part of the Japanese island of Hokkaido...


Both of you got it wrong. Japan has "defacto" agreed that the Sakhalin is a part of Russia. The ongoing dispute is regarding the Southern Kuril islands (on the North-east of Japan, far away from Sakhalin). These islands consists of three main islands (Iturup - 313,900 hectares, Kunashir - 149,000 ha, Shikotan - 22,500 ha) and a few rocks.

The funny thing is that there was never an ethnic Japanese population in these islands (unlike South Sakhalin). It was once inhabited by the now near-extinct Kuril Ainu tribe. Some 100-200 of them currently live in Russia, but they have lost their culture and language. In Japan, the few who had migrated to Hokkaido became extinct soon after the WW2. The current population of S Kurils is ~20,000 and almost entirely consisting of Whites.

However, Japan is home to the Hokkaido Ainu tribe (numbers around 15,000 mixed race individuals), which is distantly related to the Kuril Ainu.
22456  Other / Politics & Society / Re: Will China go to war with Japan? on: December 08, 2013, 04:58:05 PM
But China did actually bully Russia in 1960s. It even came to armed clashes along the border.

During the Sino-Soviet border conflict, the Russians over-ran Chinese positions in a few weeks time while suffering only a few dozen casualties (compared to ~ 1,000 for the PLA). China had its massive manpower. Wanted to check its' efficiency and therefore poked the Soviets. The Russians returned in kind and the Chinese kept quiet ever since.

So we have Russia (then much more powerful and truculent USSR) not smashing China to smithereens (though China did suffer some human losses back then) and China which was not afraid to come to blows with a superior opponent. Has anything really changed since then (in respect to China, first of all)?

At that time, the major conflict (Cold War) was between the USSR and the US. China was being regarded as a neutral nation, being mildly pro-USSR. An armed conflict with China could have turned the Cold war equilibrium against the Russians, given the massive American military infrastructure which existed at that time in Okinawa and Philippines.
22457  Bitcoin / Bitcoin Discussion / Re: Trusting Online Wallets? How to Protect your Coins on: December 08, 2013, 04:49:49 PM
yeah true for now but sometime in the future (some years ahead) we need an exchange with insurance.

Hmmm... entire exchanges are vanishing overnight without a trace (a la GBL of China) and you are talking about exchange insurance. Insurance for BTC exchanges is not economically feasible for any future BTC Insurance company. The risk from hacking / stealing / fraud is exponentially higher.
22458  Bitcoin / Bitcoin Discussion / Re: Tiny Kentucky Town Agrees to Pay Only Police Officer In Bitcoin on: December 08, 2013, 04:45:36 PM
The volatility will be a problem I fear. They probably will have to pay him every hour. Or he will have to agree that his BTCs will be converted immediately to USD at the end of working every shift.
22459  Bitcoin / Press / Re: [11/27/2013] - What goes up must come down - NYTimes on: December 08, 2013, 04:42:59 PM
It seems that you predicted it for them and guess what. You are wrong. Nytimes prediction are ridiculous but the same applies to every bullish prediction here as well during the last 2 days.

I don't want to blame the NY Times. But did they predicted that BTC will rise from $15 to $1,000 early this year? My problem is that 99% of the predictions by the so called media experts are bearish in nature. All they want is to scare people away from BTC.
22460  Bitcoin / Bitcoin Discussion / Re: Identity of Satoshi Nakamoto Revealed on: December 08, 2013, 04:40:36 PM
I agree with this theory, that Nick Szabo is Satoshi.

To me, the biggest piece of evidence that very few people discuss, is the fact that Nick Szabo attempted to post-date his "bit gold" post from 2005 to 2009, after the release of Bitcoin.


That's funny. So the witch hunt continues. Anyway Nick Szabo created the "bitgold" after getting inspiration from Wei Dai (who in 1998 created the digital currency b-money). And Dai was inspired by David Chaum, who first proposed cryptographic system for untraceable payments in 1982. The list will go on and on.......
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