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23221  Economy / Economics / Re: Bitcoin will one day be superseded by a technically superior NuCoin. What then? on: December 11, 2013, 06:20:55 PM
There is so much catastrophic thinking here. Bitcoin is far from a perfect medium of exchange. It will eventually be superseded by something that offers much greater utility. This is a good thing and not something to fear.

Any coin that is going to supersede BTC will need to prove itself as a worthy successor. It's initial value will be virtually nothing and will gradually increase as confidence/recognition/infrastructure grows. Their will be ample opportunity to invest into the new coin especially if you can pick the right horse early.

To supersede Bitcoin new cryptocurrency would have to combine mutually exclusive properties. It should serve as a good store of value (at which Bitcoin is not bad) and at the same time also be a good medium of exchange (at which Bitcoin fails). A good store of value should be appreciating with time while a good medium of exchange should be depreciating...

Will it ever be possible to combine these qualities in just one currency?

This is going a bit off thread I think. A medium of exchange that fails as a medium of exchange is definitely not a good store of value.

Gold ultimately failed as a medium of exchange because it was heavy, cumbersome, easily counterfeited and defaced as well as subject to tear and wear. Since those times it has only gained as a store of value while no longer being a medium of exchange. Though if you think this is going off-topic, then you can just skip my reply...
23222  Economy / Economics / Re: Why Bitcoin cant be Money. on: December 11, 2013, 06:15:19 PM
Starting to see the value?

No. Even if you transfer nothing from peer to peer, anonymously (not possible with bitcoin), at a (low) cost and instantly, its still nothing. I cant do ANYTHING with Bitcoin except dumping it on the next guy.

you should tell this to that guy who bought a sport car in the lamborghini dealership last week

porc got stuck in the longs with gold and silver. And now he tries to persuade people from using bitcoins because they would attract dollars that otherwise might have flown into precious metals. So don't take his bursts of anger too serious...
23223  Economy / Services / Re: Forum Posters Needed on: December 11, 2013, 06:08:45 PM
Live up to that and then see for yourself. I'm going for 1200+ posts this time (you know what I'm talking about), but I guess that I should certainly take a break...

I'm going in for the same  Wink How many more to go on your side as of now?

Tell me about it haha, but I'm going for the 1200 posts per month for as long as it's offered. It's hard work, but worth it.

I should be there by the time. And I'm always looking for something new and more awarding in all senses of the word
23224  Economy / Services / Re: Forum Posters Needed on: December 11, 2013, 06:02:08 PM
I'm happy to work for cryptos, but I'll have to either see the money in escrow or be paid in advance or daily. Not willing to waste my time for nothing. I've seen too many scams on here promising payments for work/postings/web hits and never paying out.

You can check the quality and quantity of my posts for yourself on my profile. I can do between 50-100 a day.

When you get over a thousand posts submitted, you will be less optimistic about your abilities...

How so?

Live up to that and then see for yourself. I'm going for 1200+ posts this time (you know what I'm talking about), but I guess that I should certainly take a break. It has become rather exhausting...
23225  Other / Politics & Society / Re: Bitcoin Nation on: December 11, 2013, 05:52:11 PM
I sort of hate to contribute to such a resoundingly stupid idea, but if you want shallow water out in the middle of the ocean, there is the Minerva Reef. 

It's long been known to sailors as a place where you can drop anchor with <20 meters of anchor chain, far from any land.  In fact a few "communities" have been attempted there, including one centered around a saloon that someone built on stilts and one that actually dredged local sand together to bring a dry surface above sea level, though none have gained any sort of permanence.

I think it was a stupid idea to use sand for such matters. Concrete blocks should do much better, piles probably being the best option...
23226  Economy / Services / Re: Forum Posters Needed on: December 11, 2013, 05:45:50 PM
I'm happy to work for cryptos, but I'll have to either see the money in escrow or be paid in advance or daily. Not willing to waste my time for nothing. I've seen too many scams on here promising payments for work/postings/web hits and never paying out.

You can check the quality and quantity of my posts for yourself on my profile. I can do between 50-100 a day.

When you get over a thousand posts submitted, you will be less optimistic about your abilities...
23227  Economy / Economics / Re: Bitcoin's intrinsic value on: December 11, 2013, 05:38:42 PM

Starting to see the value?

No. Even if you transfer nothing from peer to peer, anonymously (not possibly with bitcoin), at a (low) cost and instantly, its still nothing. I cant do ANYTHING with Bitcoin except dumping it on the next guy. Again, I can only refer to the post above yours: Money has intrinsic value, its essential for its functions.

If this "nothing" actually helps you earn some dollars (which you don't consider as nothing as far as I remember, or at least less (more than) nothing), will it be useful to you?
23228  Local / Новости / Re: 2013 – год Биткоин on: December 11, 2013, 05:20:57 PM
На англоязычных ветках один товарищ, который молчал с апреля этого года, вдруг начал безумствовать и проклинать биткоин самыми разными способами. В процессе оживлённой дискуссии выяснилось, что бедняга в золото с серебром по-крупному вложился в своё время, а теперь биткоин обвиняет во всех грехах и своих бедах...
23229  Economy / Economics / Re: Bitcoin will one day be superseded by a technically superior NuCoin. What then? on: December 11, 2013, 04:55:43 PM
There is so much catastrophic thinking here. Bitcoin is far from a perfect medium of exchange. It will eventually be superseded by something that offers much greater utility. This is a good thing and not something to fear.

Any coin that is going to supersede BTC will need to prove itself as a worthy successor. It's initial value will be virtually nothing and will gradually increase as confidence/recognition/infrastructure grows. Their will be ample opportunity to invest into the new coin especially if you can pick the right horse early.

To supersede Bitcoin new cryptocurrency would have to combine mutually exclusive properties. It should serve as a good store of value (at which Bitcoin is not bad) and at the same time also be a good medium of exchange (at which Bitcoin fails). A good store of value should be appreciating with time while a good medium of exchange should be depreciating...

Will it ever be possible to combine these qualities in just one currency?
23230  Local / Новички / Re: Новичкам сюда! - FAQ on: December 11, 2013, 04:46:14 PM
Вся эта суета с криптовалютами напоминает очередную пирамиду. Кто первый начал этим заниматься, тот что-то имеет, а кто сейчас начинает этим заниматься будет в пролете и в убытке. Или я неправ? Huh

Конечно нет... За пирамидой нет реальной полезности, а за биткоином есть! Эта полезность и придаёт ему самостоятельную ценность (помимо чисто спекулятивной) в глазах пользователей...
23231  Other / Politics & Society / Re: The propaganda of artificial intelligence on: December 11, 2013, 04:36:35 PM
...You can exactly imitate a neuron in software, so you implement a neuron using old 1950s punched card type machines.  ...

This assumption is flat-out wrong. We can actually simulate some properties of neuron (or anything else for that matter), but we simply can't simulate some physical real-world processes (part of which we probably don't yet know). And this is principal limitation of this reality which would require real experiment and would fail any simulation. That's why I was proposing to plant artificial "live" neurons next to the real ones...
How could you build something that works out of some parts you do not understand, then?

We do it everyday really. We don't know many things that are happening at subatomic level but this doesn't prevent us from building ships and cars which consist of those subatomic particles. People began using electricity without ever knowing about electrons...

And it may not actually work after all. That's why we carry out experiments
23232  Economy / Services / Re: Earn up to 1.2BTC/month just by posting! on: December 11, 2013, 04:07:03 PM
As I remember, Stunna said that if you didn't get enough posts to qualify after you had signed up (i.e. the number of posts you submitted after the sign-up) they could be added to the next month number of posts. What I am absolutely sure about is that this question has already been answered in the thread before...

Stunna, can you confirm that?

It seems that he has already confirmed that, and this time my memory didn't fail me. I have searched through the thread and found Stunna's reply to the similar question

Joining today again.
604 posts at the moment.
PLEASE CLARIFY THIS STUNNA: Can I choose what '17th of the month' to receive my bitcoins? Can I accumulate my posts over 2 months?

You have to collect on the 17th if you have made at least 50 posts that month. If you have 30 posts then those would be rolled over towards the next 17th and if you make another 20 posts you'd make the 50 requirement for min payment.
23233  Other / Politics & Society / Re: How long would it take for Anarchy to start working? on: December 11, 2013, 03:54:31 PM
What is the advantage of having a few governments beside having no government at all (the only true Anarchy)? And wouldn't this advantage (provided there is one) work even further toward just one government?

It's not about having a few governments.  It's saying people like you can have rulers if that's what you want.

The rest of us say that we want competing service providers to provide those services that the government currently claims a monopoly over, because we don't want rulers.

I am in for the only true Anarchy. Actually, any stateless society pretending to be an anarchy but forbidding implicitly or explicitly the true Anarchy would be nothing more than a fake, a state in disguise...
23234  Other / Politics & Society / Re: The propaganda of artificial intelligence on: December 11, 2013, 03:44:26 PM
Yes, we can't be certain. But could you propose any other reliable way to create or at least support consciousness if we don't know what consciousness actually is in the first place. I think that we will never be able to explain it, but this by no means prevents us from being able to create it (just as nature obviously does)...
Here's a (ridiculous) analogy.  Because all conscious creatures have two legs and two arms, machines that we build that think must have two arms and legs.  False, of course.  And any functionality of a neuron can be simulated exactly in software.

Here's a thought experiment.  You can exactly imitate a neuron in software, so you implement a neuron using old 1950s punched card type machines.   NO computer circuits.  You have an unlimited supply of punched cards and machines, so you build the equivalent of a brain with them.

Can this group of punched cards 'think'?

This assumption is flat-out wrong. We can actually simulate some properties of neuron (or anything else for that matter), but we simply can't simulate some physical real-world processes (part of which we probably don't yet know). And this is principal limitation of this reality which would require real experiment and would fail any simulation. That's why I was proposing to plant artificial "live" neurons next to the real ones...
23235  Other / Politics & Society / Re: How long would it take for Anarchy to start working? on: December 11, 2013, 03:31:28 PM
Just couldn't imagine that people would ever want more than one government...

Once upon a time, wars were fought because of the idea, that there simply can not be more than one religion in one area  Smiley

What is the advantage of having a few governments beside having no government at all (the only true Anarchy)? And wouldn't this advantage (provided there is one) work even further toward just one government?
23236  Other / Off-topic / Re: Lose vs Loose on: December 11, 2013, 03:23:06 PM
This tread is full of loosers.

Your write Tongue.

Yes, proper grammar is important, but it's not that big of a deal. But sometimes improper grammar could get you put on the Sex Offenders' Register: "Let's eat out children" Vs Let's eat out, children Tongue.

Panda eats shoots and leaves vs Panda eats, shoots and leaves
23237  Economy / Economics / Re: Bitcoin is not scarce. on: December 11, 2013, 02:53:05 PM
I suspect the OP is either using multiple usernames and posting under multiple names or is in league with some of the other posters. The uniformity between them is striking.

If Bitcoin is not your cup of tea and you think the technology is without value, why post on this forum?

Why are you so concerned for our well being? If we lose all of our money, why do you care?

It is pretty evident really. Because he has a big stake in gold and silver (as he himself admitted), but money flows from those shiny metals into Bitcoin (and would flow even faster if Bitcoin persists). Bitcoin competes with precious metals as a store of value, so he is very well motivated to post his garbage here...
23238  Economy / Services / Re: Earn up to 0.4BTC/month just by posting! on: December 11, 2013, 02:44:17 PM
I have a small doubt.
Some programs remove a person if they post less than 50 post in a single month.
I post an average of 125 posts a month and cannot reach the 50 posts from 10th to 17th , so will I be made ineligible if I do not get 50 posts in a single month ?


No, I think that you'll simply have to sign up again after the 17th (as anyone else who wants to continue in this program). But I'm not sure if any posts you've made up to that point will be "lost", or since you started late, if they will be added to the next month's post count. Perhaps someone else can clarify that part.

As I remember, Stunna said that if you didn't get enough posts to qualify after you had signed up (i.e. the number of posts you submitted after the sign-up) they could be added to the next month number of posts. What I am absolutely sure about is that this question has already been answered in the thread before...
23239  Other / Politics & Society / Re: Bitcoin Nation on: December 11, 2013, 02:38:58 PM
As an alternative, you can drift somewhere in the international waters

This seems to be the only option. I don't think that artificial islands are economically viable, if the water depth is more than 15 meters. BTW... I am not extremely sure whether any part of the shallow ocean (<15 m depth) comes outside the EEZ of various nations.

If we are right, then all it takes is the purchase of ships and establishment of a floating colony somewhere in the open ocean under a flag of some liberal state. Or you can just buy a whole government of some of those micro-states...
23240  Economy / Economics / Re: Bitcoin's intrinsic value on: December 11, 2013, 02:24:18 PM
Let me say it differenty:

People are actually not even evaluating bitcoins value. They only buy because the price is going up.

The price of an asset going up is already enough to give value to the asset for an individual if his aim is to buy cheap and sell dear. Its utility consists in providing an opportunity to get some profits from speculation. If price heads down the asset loses its usefulness unless he is going to short it...
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