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22561  Economy / Economics / Re: Hide your kids, hide your wife! on: January 12, 2014, 08:28:48 PM
No problem really. Just you admit at first that you were wrong with arithmetics. I think now I may claim such a privilege...

Ignore the plural / singular shit. In my anger I committed a logical fallacy; let's not continue that bad habit. Your use of arithmetics, right or wrong (or regional, which is more likely) has little bearing on your point. Likewise, my qualifications are not as a linguist, so we can safely disregard it I reckon.

You raised that shit and it remains on you
22562  Economy / Economics / Re: Hide your kids, hide your wife! on: January 12, 2014, 08:21:48 PM

Lol, I can always back off that English is not my mother language, but this is irrelevant to the point I made about economics (which is not about mathematics) as well as your notion about arithmetics. Now it is your time to explain where I am wrong (besides sheer nitpicking and unrelated semantics)...

Pretty sure you said you had arithmetic to show me wrong. Prove it already. Break out the Cambridge equation, move some numbers, account for variables, and show me your mastery of the interactions of myriad semi-isolated economies in the context of the global economy. Don't leave out any currencies or subeconomies where value can be transferred and stored.

The burden is absolutely on you. Not only has it not worked anywhere else its been tried, not even here; and, not only was John M. Keynes himself utterly against it, though the so-called Keynesians would be shocked to find this out I'm sure; but we have multiple clear examples where wealth has been absolutely stolen from populations who have spent their lifetimes maintaining and acquiring it responsibly, under the murky guise of some economic doomsday that could not have been solved any other way!

Show me. Give me a sliver of mathematical proof that hints that your theory is right.

No problem really. Just you admit at first that you were wrong with arithmetics. I think now I may claim such a privilege...
22563  Economy / Economics / Re: Hide your kids, hide your wife! on: January 12, 2014, 08:11:45 PM
The only thing that's different now that they've done their own QE, for 99.999% of Japanese is the JPY/USD rate went from $1 = 73¥ to 100¥ in mere months. It's at like 105¥ now. And the USD is depreciating against other assets (like the CNY) so that's not even the whole story. So for a Japanese, that just means one thing: Your wages are the same, your savings are the SAME, but unless it's bread and rice bought IN JAPAN, it costs 130% what it did. There goes your retirement trip to Guam, or Hawaii. Trips to NYC to buy American fashions.

Just taking this part of your post

For an export oriented country (which is Japan) this is good on the economy level. If you don't get what it means or just can't fathom how this can ever be possible, I may try to explain this to you in simple terms. It means that when your currency is depreciating against the currencies of your trade partners, the life of population on average becomes better, because you (your country) begin earning more abroad from your exports than you spend on your imports (simple arithmetics), whereas domestic goods (bread and rice) stay the same as you correctly noted...




Kid, just don't. I'm far more qualified to discuss any form of mathematics you care to invoke. You can begin by recognizing that the plural of arithmetic is arithmetic. I'm not going to bother listing qualifications; they're floating around here in places, and this is a forum so who gives a shit if I claim to be the Prince of Wales, but I will not be party to any "if you don't get..." condescension. I know more about this than you can possibly imagine. My qualifications are, let's say, very related and strongly math-based. And yes, I am fucking pissed, because this just reminds me of how goddamned heartbreaking it is for her parents and millions of others in the same situation. They aren't getting anything out of this. There are other ways of fixing it.

Put simply: QE is not incentives-compatible with repairing economic mismanagement in a global economy.

Go nuts, show me how it is, with your "arithmetics".

Lol, I can always back off that English is not my mother language, but this is irrelevant to the point I made about economics (and which is not about mathematics) as well as your notion about arithmetics (and you are wrong actually about even this, so your qualifications are strongly doubted). Now it is your time to explain where I am wrong (besides sheer nitpicking and unrelated semantics)...

You may use either arithmetic or arithmetics, I don't care as long as you're concise and your ideas are clear
22564  Economy / Economics / Re: Hide your kids, hide your wife! on: January 12, 2014, 07:46:09 PM
The only thing that's different now that they've done their own QE, for 99.999% of Japanese is the JPY/USD rate went from $1 = 73¥ to 100¥ in mere months. It's at like 105¥ now. And the USD is depreciating against other assets (like the CNY) so that's not even the whole story. So for a Japanese, that just means one thing: Your wages are the same, your savings are the SAME, but unless it's bread and rice bought IN JAPAN, it costs 130% what it did. There goes your retirement trip to Guam, or Hawaii. Trips to NYC to buy American fashions.

Just taking this part of your post

For an export oriented country (which is Japan) this is good on the economy level. If you don't get what it means or just can't fathom how this can ever be possible, I may try to explain this to you in simple terms. It means that when your currency is depreciating against the currencies of your trade partners, the life of population on average becomes better, because you (your country) begin earning more abroad from your exports than you spend on your imports (simple arithmetics), whereas domestic goods (bread and rice) stay the same as you correctly noted...

22565  Local / Новости / Re: Криптовалюта? Ваша ставка не сыграет on: January 12, 2014, 07:28:35 PM
Ну в силу того, что существует несколько актуальных клиентов с разной кодовой базой, то ответ очевиден - занимаются, да по-взрослому. В основе ведь лежит протокол и изменения нужно вносить прежде всего в него...

Ну, в общем, аргумент... Немного успокоили, спасибо Smiley .

На здоровье! Как говорится, сон разума рождает чудовищ...

А вообще именно данный конкретный вопрос уже где-то здесь детально обсуждался с подробными выкладками. Итог обсуждения вполне очевиден и предсказуем, различные нововведения (внедрённые втихую или в открытую), "портящие" биткоин, просто не приживутся, большинство элементарно продолжит пользоваться старой версией клиента/протокола
22566  Economy / Economics / Re: Hide your kids, hide your wife! on: January 12, 2014, 07:09:01 PM
I mean, thats economics 101! It is going down at some point! (hell, it is even outperforming bitcoin's super exponantial hypothesis!)

And they claim that bitcoin is actually more volatile/dangerous.. i mean.. seriously???
How can they misguide 7Bn of human being like foolish sheeps into the depth of their incompetence without an ounce of remorse?
Are they all corrupted or do some of them actually buy this? ('they' = medias, governments, central banks and so on...)

The FED is EVIL (and surely not Bitcoin)

As long as they can constrain inflation in reasonable limits as they do, it doesn't matter. In fact, the FED is fighting with deflation which is more dangerous for the economy (the Japan example is pretty evident, since they lagged with their QEs)...
22567  Economy / Economics / Re: Why Bitcoin is ultimately doomed to fail (not today or tomorrow) on: January 12, 2014, 06:56:11 PM
And how could this "feature" be implemented? Bitcoin is designed to be a decentralized currency, why would we allow banks to create substitute notes for bitcoin?

Bitcoin decentralization is irrelevant here. I think it was well explained in the thread. In short, because people love loans and banks would issue credit as demanded, just like they do today...
22568  Economy / Economics / Re: Why Bitcoin is ultimately doomed to fail (not today or tomorrow) on: January 12, 2014, 06:49:29 PM
I can't even understand your assumption. Why do you expect bitcoins to be issued as paper currency anyway? Who will control it?

I was not talking about actual bitcoins issued as paper currency like today's paper wallets (that paper currency would not indeed be bitcoins). I meant bitcoin "paper" derivatives which would substitute bitcoin in circulation. There are many mechanisms through which this can be done. The most obvious one is through loans by banks (peeps love loans), and in this case the latter will evidently control the emission of these notes (under many different names)...
22569  Economy / Economics / Re: Why Bitcoin is ultimately doomed to fail (not today or tomorrow) on: January 12, 2014, 06:26:05 PM
I came to the conclusion that you didn't know what happened when 21M coins were mined, so I answered.

This was irrelevant to my point (which is economical in its grounds), but your answer actually contributes more to the bitcoin ultimate failure than to its long term subsistence (but again this is irrelevant to the questions discussed in this thread)...
22570  Local / Новости / Re: Криптовалюта? Ваша ставка не сыграет on: January 12, 2014, 06:21:56 PM
Кстати, полюбопытствовал...

Code:
$ diff -r bitcoin-0.8.6-linux/src bitcoin-0.8.5-linux/src |wc
   1137    4468   38918
$

Т.е. дифф двух последние версий - больше тысячи строк. И в них надо как-то вникнуть, для чего нужна каждая - ведь можно внедрить вредоносный код в несколько приемов, например часть в текущей версии - чтобы не было видно, что там троян какой-нибудь, а часть - отложить до следующей.

Вполне реально, конечно, но занимается ли этим кто-нибудь всерьез - не знаю...

Ну в силу того, что существует несколько актуальных клиентов с разной кодовой базой, то ответ очевиден - занимаются, да по-взрослому. В основе ведь лежит протокол и изменения нужно вносить прежде всего в него...
22571  Economy / Services / Re: Earn up to 0.8BTC/month just by posting! - Advertise for PrimeDice.com! *Updated on: January 12, 2014, 06:11:03 PM
You are not comprehending what I'm saying and missing the point entirely. I can post about events or situations that have happened to me in real life in an Off-topic forum thread, but that doesn't mean you are suddenly involved in the running of it or how I choose to live it, does it? I don't believe I asked for suggestions anywhere on how I can be better spending my time, nor do I need or want suggestions on that from you, especially when you come across condescending. And I'm completely calm. I'm just telling you where you're wrong on this and how trying to suggest how my own life could be better spent when you know little about it, and why it shouldn't be any of you concern to you at all. If I make a thread titled "How Can I Spend My Time Better?" or "Am I Wasting My Time Here?" then you are free to chime in with your observations and suggestions, but not here as this is not the place for that and is now taking this thread off topic.

Being in denial won't help you much. It is obvious at least to me that you're not satisfied with your life. But if you pretend otherwise, well, let it be so and let's finish at that

What am I being in denial about here exactly? And I don't know if I'll ever be satisfied with my life, nor do I think I know anyone that is for that matter. Isn't a big part of life the pursuit of contentment and finding purpose? I reckon I'm working on that right now, are you? I'm glad if you've already fulfilled yours, but tell me, don't you have better things to be doing than judging people you know almost zero about and posting on the internet right now? I find it kinda ironic and very hypocritical of you especially when we both seem to be in round about the same situation at the moment and know roughly the same amount of information about each other. Why don't you start a thread and tell the forum about all your awesome real life activities and how you've changed the world, because I'm sure you're such a success story and are 100% fulfilled. What is obvious to me is you seem to like to judge people you know nothing about over the internet, and have a problem with how many posts I make and what impact this may or may not have on my real world life. I'd say I'm actually quite productive at the moment and have a few things in the pipeline I'm working on, and maybe they will pay off eventually or maybe they wont. Who knows? But at least I'll have that minimum 0.4BTC at the end of the month to know I haven't completed wasted my time regardless of how satisfied or unsatisfied I currently am with my life.

If you told me (even if I hadn't written anything of the kind myself) that I had no life (or something of the sort), I wouldn't care a damn thing about it (if only curious what made you think so). But you wrote that yourself about your life (i.e. lack thereof), and when asked about it, you at first started with saying that it was no concern of mine, then switched to just blah-blah-blah...

Why do you care?
22572  Economy / Economics / Re: Why Bitcoin is ultimately doomed to fail (not today or tomorrow) on: January 12, 2014, 05:58:41 PM
You asked what would happen after 21M bitcoins were mined. And yes, mining has to continue, otherwise transactions can't be confirmed or verified at all.

And you came to the conclusion that I had assumed that even more coins would be mined?
22573  Local / Новости / Re: Криптовалюта? Ваша ставка не сыграет on: January 12, 2014, 05:56:30 PM
Это я понимаю, но вы, например, их смотрите? Я - нет.

Я тоже нет, хотя знаю абсолютно точно, что здесь на форуме люди смотрят и проверяют. В англоязычных ветках время от времени происходит обсуждение подобных вопросов и все критические места давно известны, равно как и правки, которые необходимо внести, чтобы изменить функциональность в нужную сторону...
22574  Local / Новости / Re: Криптовалюта? Ваша ставка не сыграет on: January 12, 2014, 05:46:36 PM
Вообще-то не факт, что "моментально"... Я не думаю, что куча людей проверяет обновления кода в каждой новой версии. Хотя и утверждать, что никто этого не заметит тоже не буду - просто ставлю под сомнение.

Интернет, это такое дело, что стало известно одному, можно считать известным всем остальным (я уже не говорю об эффекте Стрейзанд). Там, чтобы проверить, достаточно диффы (отличия от предыдущей версии) посмотреть, так что пара левых строк кода, добавленные в официальный клиент, сразу же вызовет подозрения...
22575  Economy / Economics / Re: Why Bitcoin is ultimately doomed to fail (not today or tomorrow) on: January 12, 2014, 05:34:05 PM
... You are the one doomed to fail, since you have done no research at all.
When all bitcoins are mined, mining will continue, otherwise the entire network would collapse. Blocks will only consist of transaction fees. No more bitcoins will be produced.

So mining has to be continued to prevent the entire network from collapse, lol? And where did I say here (or anywhere) that more than 21M bitcoins would be produced?
22576  Economy / Economics / Re: the huge Problem that most people doesn't really understand on: January 12, 2014, 05:29:21 PM
Even the poor Indian child who earns $2 per day sewing clothes... if she can survive on $2 a day, she can survive on $1.98 a day, and invest 1% of her income. That % put away builds exponentially, and always ends up significant if you only have the discipline to stick to the plan.

It would work (provided there is no limitation of another kind) only if lifespan were infinite (this is the crucial premise your assumption lacks)...
22577  Local / Новости / Re: Криптовалюта? Ваша ставка не сыграет on: January 12, 2014, 05:24:28 PM
не нужно запугивать пользователей, чтобы избавиться от битка. Есть же разработчики, дать им по башке или добавить пару строк в клиент битка, и все, нету криптовалюты, ни один из ныне живущих альткойнов не устоит

Ага, только при этом в силу открытости и достаточной простоты исходников это выявится практически моментально, что приведёт к тому, что люди будут продолжать пользоваться старыми версиями "новых" программ (и всё опять сведётся к запугиванию пользователей). Поэтому данный вариант в реальности практически неосуществим...
22578  Economy / Economics / Re: Why Bitcoin is ultimately doomed to fail (not today or tomorrow) on: January 12, 2014, 05:19:25 PM
What does the number of telephones in the world matter?

With just one telephone existing in the world you can't call anyone (I don't really know if you can call your own number). But with two you evidently can (meaning you can use it as it was designed to be), provided you have something to say or ask your caller indeed...

Only if someone is willing to answer.

If everyone refuses to answer their phone, the value of your telephone instantaneously evaporates, right?

I don't see where you're going. You can still call even no one answers your calls, and if you assume that it is not your fault (or your phone's), then no, it is not. As I said before, if your assumption can be reduced to one telephone existing in the whole world, then yes, it instantaneously loses its utility...

Now tell me if you consider these two premises identical

You can still spend your bitcoins even if no one is willing to give you anything for them.

What am I missing and how is it applicable to phones?
22579  Economy / Services / Re: Earn up to 0.8BTC/month just by posting! - Advertise for PrimeDice.com! *Updated on: January 12, 2014, 05:03:25 PM
I'm curious, is it possible to spare a high activity account here with someone else (whose account is too low in activity to be eligible) to write posts in four hands and then share the profits?

Why would someone do that? If other guy write less posts than you and you get 50% money then you lose money.

Who said about 50%? Obviously, the user who shared his high activity account should get more despite the number of posts even in the case they made equal number of posts (I would call it a premium for sharing)...

Actually, it is a matter of negotiating. I'm more concerned about technical feasibility of this (out of sheer curiosity), i.e. writing from two different ip addresses (possibly located in different quarters of the world) almost simultaneously under the same user account
22580  Economy / Services / Re: Earn up to 0.8BTC/month just by posting! - Advertise for PrimeDice.com! *Updated on: January 12, 2014, 04:55:38 PM
I'm curious, is it possible to spare/share a high activity account here with someone else (whose account is too low in activity to be eligible) to write posts in four hands (under one account) and then share the profits (provided the parties trust each other)?

4000 posts would fit all, lol...
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