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2641  Economy / Economics / Re: Early Retirement Extreme on: May 17, 2014, 10:36:34 AM
Thailand and Gao isn't a death sentence, either.  If you can't go "native" (local girl) - I can speak from firsthand experience that the beach touristy areas are always full of European and Latin American tourists - until you can persuade one to stay, you can just gravitate from tourist to tourist.

Vang Vieng in Laos was very cheap and I noticed more tourist women than men there.  Koh Samui  was an absolute chick magnet as every woman watches the movie "The Beach" (with Leonardo di Caprio) and comes to Koh Samui looking for romance, but find out there's no men to be romanced by.   Cheesy
2642  Bitcoin / Bitcoin Discussion / Re: POLL:Are women leaving Bitcoin due to the Bitcoin Foundation's seedy persona? on: May 16, 2014, 02:06:38 PM
I know women who use Bitcoin and Alternates.
2643  Bitcoin / Bitcoin Discussion / Re: Nudist resort taking Bitcoin- No need to carry a wallet on: May 16, 2014, 02:04:47 PM
 Grin  Grin
2644  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread on: May 14, 2014, 01:54:25 PM

Lets just settle at 10BTC per stake so we don't get disappointed.

+1,Too high expectations are unrealistic

Overall picture. When bitcoin mkt. cap was over 10 billion it was still ridiculously low compared to money sloshing around in world markets.
When world markets start to come under serious pressure again the money inflows to crypto will be much bigger than before. Better quality crypto currencies to go to. If the developers Nem has are truly top class
 then Nem should compete with Btc. I expect to see at least 8 billion mkt cap for Nem in the next crisis.

Another point. Have sock puppets been refunded yet?
at least 8 billion mkt cap for Nem in the next crisis?This is amazing!

Stop being delusional, 10 btc per stake is plausible, in the next bubble.

8 billion market cap would take 3 years minimum.

No it wouldn't.   BTC was only $5 in June 2012, Technically NxT was worth more than that back in February 2014..  It took NxT weeks to do what took Bitcoin years.

There's a lot more money in cryptos now than there was back in 09. - if a coin gained traction it would hit $10 billion and it wouldn't take 3 years, either.

The theoretical value of crypto currencies in the future is in the trillions, IIRC.  
2645  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread on: May 12, 2014, 11:25:46 AM
Has there been any discussion regarding the implementation of a Nem stabilization fund?

There was that multipool idea recently. I think That will do somekind of stabilisation by constant buy-support. I don't know if NEM-multipool is still under development. I hope it is. Looks like it's working great for NXT. Their multipool dip the price +50% in just a few days.

Are we sure that's the multipool and not rather good news lately ?

I'm pretty sure it isn't the multipool.  Just go look at volumes.  POS paying multipools are a good idea, but like most idea they just become diluted and less effective.  If the coin doesn't have a strong community of miners, it is likely to not work so well.  

What's exceptional about the volume?  NxT has floated between $20K to $120K for awhile now.  

Maybe I am being an old geezer but could someone explain why they think decentralized exchange is worth the hype?  I don't mean the theoretical hypothetical but the practical reality of it.  Cut the rhetoric. 

The way I see it, a decentralized exchange isn't proprietary (other coins will have the samething in months) and it may only end up being a niche feature used by a minority.

 
2646  Bitcoin / Bitcoin Discussion / Re: Crypto-currencies in 10 years on: May 12, 2014, 11:00:25 AM
Digital currencies themselves can be Fiat.  Why does Dogecoin have a larger capitalization than an innovative coin like NxT or layered improvements like Mastercoin / Counterparty?  Why does BTC and LTC maintain their position ~ despite hordes of technically better coins?

It seems to me community is king for currencies.  Bitcoin may have an infamous reputation among the mainstream but it frankly hasn't had a serious challenger to date.

2647  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread on: May 12, 2014, 09:57:45 AM
What good news for NxT?  Do you mean the decentralized exchange?  It's coming out in a couple of minutes and, in the 24 hour leadup, NxT didn't have any extraordinary  volume which would otherwise indicate demand for it.

It looks to me NxT is stuck with its' bagholders, whales and the day traders.  The subsequent investors, new blood, aren't coming in nor should they with all the scandals and scams associated with that coin.

 

like what ?

Distribution / IPO.  BCNext who fled and sold all his coins.  Openly admitted price manipulation (not digging up posts from November, but they did admit it). Poor quality of the NxT code.  Source code being released with kill switches.

I think people underestimate how bad the distribution was.  There may had been 71 addresses but only 20 invested the 1.5 BTC limit and that 20 was likely 50% sock puppets, considering it was such an obscure IPO which was cut short.  There are currently whales who are sitting on $5+ million USD in NxT.  I know people will make BTC comparisons but BTC was worth almost nothing for two years and it was a mining hobby at best.  Different from people who randomly threw 1.5 BTC on an unfair IPO, engaged in manipulation, and then came out with millions in late November.
2648  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread on: May 12, 2014, 09:42:31 AM
What good news for NxT?  Do you mean the decentralized exchange?  It's coming out in a couple of minutes and, in the 24 hour leadup, NxT didn't have any extraordinary  volume which would otherwise indicate demand for it.

It looks to me NxT is stuck with its' bagholders, whales and the day traders.  The subsequent investors, new blood, aren't coming in nor should they with all the scandals and scams associated with that coin.

 
2649  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Selling my NEM stake, let me hear your best offer on: May 12, 2014, 12:44:47 AM
0.2 BTC
2650  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread on: May 12, 2014, 12:03:14 AM
NEM-multi is another bipolar troll.  He claims to have sold 20 stakes of NEM at 4 BTC each and yet his only auction thread consists of a few posts (German), and most of them are skeptical of him - even one guy with an authentic stake (and proof he has it) couldn't sell his for 2 BTC at the time.

https://bitcointalk.org/index.php?topic=600800.msg6650895#msg6650895


How does a sockpuppet master even prove it's his accounts, unless he logs into each account and sends you a private message?  

Anyone can run a scam saying "here's my list of sock puppets (picking random names out of the stakeholder list) and I have these stakes for sale" and then sucker people into giving him BTC.  It's very easy I think to run that scam.

2651  Other / Off-topic / Re: China tests 3,000-kph ‘super-Maglev’ train concept on: May 11, 2014, 04:10:17 AM
The first Maglev was to be birmingham London if memory serves but was discarded because of costs
Technology is pretty old

Money is king.  We've progressed as a society where we can cheaply get a person from A to B, for little cost.  Why exactly are we halving travel time by a small fraction over a tremendous cost, again?

2652  Economy / Economics / Re: How the rich got rich and stayed rich without lifting a finger. on: May 11, 2014, 04:05:51 AM
Nobody gets rich without lifting a finger except lottery winners.

Banks take on a lot of risk to give loans.  If the lender doesn't pay the banks can go insolvent

I can name at least three groups that get rich without lifting a finger:

1. The aristocracy/landlords

2. The resource owners - oil, water, various monopolies and oligopolies (who are also often owned by the aristocracy)

3. Bankers who basically shuffle paper to create loans and money out of thin air

Seriously, it does not take a genius to calculate credit scores and lend out money.  All that infrastructure was built decades ago.



Ha!  You think it's easy to be any of these things?  Keep dreaming.  I own 3 apt buildings and it's a lot of work.  I have to maintain my property, chase down late rent, taxes, stressing about about my mortgages and falling real estate prices.  I deal w all kinds of unexpected sh*t.

Are you a slum lord in Detroit or something?

There's many people here on Bitcointalk (and in society as a whole) who either own rental units or buildings, and nobody shares your opinion.  If you hate chasing down junkies who are late on their payment, then get a building manager.  As for taxes - most of here are presumably adults and file taxes (including tax on rental income).  If you hate doing your taxes then seek a CPA or tax accountant like a normal sane person.


Though if Bitcointalk is any indication - there's always been a minority of money nutters here who think of crazy ways to save money, when they're only stressing themselves out over a few bucks.  
2653  Bitcoin / Bitcoin Discussion / Will Bitcoin pick up again during the winter? on: May 11, 2014, 03:47:54 AM
 Huh

Maybe now that income taxes are done in most countries, money will slowly be going back into Bitcoin now?
2654  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread on: May 11, 2014, 03:13:12 AM
we will see, I am "studying" all of these community coins and they have big problems with massive dumping - while Nxt had only few dumpers, more widely distributed coins have tons of them. So the question is - will Nem follow the faith of the Comm, Faircoin etc?

There will be dumping. The difference is NEM doesn't have to worry about this,because in our case there will be 2 people wanting to buy as long as we spend our energy spreading to word as opposed to spending our time begging people not to dump

Anyone can read for five minutes and know that "Faircoin" wasn't fair, it was POW for awhile, it was also a $hitclone with a small userbase / community and then the Faircoin developer fled / abandoned development.  Don't know / don't care about Community Coin.
2655  Other / Politics & Society / Re: you get Richer as the Older You’ll Get on: May 11, 2014, 02:36:31 AM
Women outlive men due to socialized medicine, not their gender.
http://www.news.com.au/lifestyle/health/men-die-earlier-but-womens-health-gets-four-times-more-funding/story-fneuzlbd-1226794504245

Of course there are older studies which indicated that, back in the 1990s, women received about 9 times more.  The trend has been more money has been diverted to male health and men are starting to embrace healthier food choices but there's still a bias in socialized medicine, albeit this is trivial since socialized medicine is going to the shitters in most countries
2656  Other / Off-topic / Re: China tests 3,000-kph ‘super-Maglev’ train concept on: May 11, 2014, 01:31:41 AM
It would be awesome for trains like that to connect every country. I could go to Greece from the US in about 3 hours. Even if it went through Russia it would still be faster than the airplane. It's also insanely fuel efficient in comparison, and safer.

That's the assumption this will be cheaper than the airlines.  Fixed infrastructure routes, with a single company / entity with a monopoly, results in price gouging.  They may even charge a higher rate than an airplane since they could market it as being more convenient than taking an airplane to a foreign designation.

Monopolies have never benefited anyone - it's the reason why the train network in the USA feels a century old compared to China and Europe.
2657  Other / Politics & Society / Re: our USA education system sucks and is obsolete on: May 11, 2014, 12:04:32 AM
Stop using the STEM term.  Beyond a few niche engineering degrees, most of the STEM degrees are phucking useless in this economy.  As for engineering, there's been plenty of graduates since the 2008 recession who never got their foot in the door and many engineers older than 40 have been laid off.  There's many people with bachelor and masters in the sciences who can't find more than $13 a hour lab technician jobs.

Although I like this gem of a Math Graduate who is working at a Wharehouse.   Grin
http://forum.bodybuilding.com/showthread.php?t=157037383

In some ways a STEM degree can be worse than an Arts Degree, due to stem professors who bell curve their grades or deflate grades (some engineering professors, for instance, refuse to give higher than 60%) and that can ruin a student's GPA and prevents them from applying to law school, accounting, teaching program, et al.  

This economic worldwide recession has hurt a lot of white collar professionals but things seem to be going relatively well for blue collar labour, especially in the mining sector.  There are Welders and Technologists making $250K+ in the Canadian Oil Sands.  There's similar good money in the Australian Gold Mines.  Only downside to that life is the 86+ hour work rotations which can strain a marriage and family life but it's great for young men.
2658  Other / Off-topic / Re: which girl in this vid is the "Wildest"? on: May 10, 2014, 11:55:18 PM
Are these women super models or something?  It's the first time I have seen any naked like that.
2659  Other / Off-topic / Re: China tests 3,000-kph ‘super-Maglev’ train concept on: May 10, 2014, 11:45:27 PM
http://news.msn.com/science-technology/ny-to-la-in-45-minutes-teslas-elon-musk-has-a-plan

This idea has been theorized in the United States for several years.  Although I think the Chinese will be the first ones to implement this new technology.
2660  Other / Off-topic / Re: Are the console wars killing AAA gaming? on: May 09, 2014, 04:43:14 PM
SWG went downhill as soon you could unlock Jedi from botting xp to complete your required professions.   Then it was further ruined when the NGE made jedi accessible at the start screen for everyone.

A pure lottery system and death system for your main character gone jedi would had worked better, imho.

SWG in the end was shut down by Lucas Arts, not SoE, as it was seen as competitor to SWTOR.

SWG was pretty playable before it shutdown.  It was also the best mmo for roleplaying due to appearance / clothing cuatomization, chat bubbles which appeared above your character and housing options.  

People even put up walls in their homes and built very immersive buildings.

Until SWG is rebooted, the only contending game is maybe the repopulation mmo but my days of gaming are over
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