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2681  Economy / Gambling / Re: Cloudbet delayed withdrawals (over and over again). Avoid them! on: August 19, 2018, 01:07:16 PM
While it may be an issue if it's a repeated problem, I would have to assume this is an issue with security when it comes to not wanting to fill the hot wallet with TOO MUCH bitcoin because in the event of an attack the hot wallet would probably be the first line to fall into the hackers hands. I'd get in contact with someone on here relating to cloudbet, from my dealings with them they seem like a very nice team who is trying to do the best by its players.

Maybe they don't have their support setup with the correct people, but direct messaging on bitcointalk would probably be your best bet.

Goodluck!
2682  Other / Politics & Society / Re: Why I think we need politicians on: August 19, 2018, 12:56:28 PM
As much as people don't like politicians, no one in the world is calling for them to just be ousted with no replacement at all. All the people want is a representative, president, senator, etc (for your respective name for your representative) that actually cares for them and isn't just using false promises as a way to springboard to the next position above what they have now.

We do need politicians without a doubt, they're an integral part of our political system of democracy and without them, we wouldn't be able to function. THOUGH the current political system has caused lobbying to drown out the representative's voters in a way which is undemocratic in my eyes. We should look into ways to fix this, though in all honesty, the only thing I see is campaign financing regulations -- but this has no chance of passing as neither side wants to see the flow of money stop.

Who knows what's going to happen, I guess all we can do is pray for these people to change.
2683  Other / Off-topic / Re: Fall of Elon Musk, the new king of debt on: August 19, 2018, 12:51:17 PM
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I got my M3 deposit back because they are unable to deliver the car by the end my current lease even though it's already 18 months later than promised. I'm sorry Elon but I'm not taking the bus for God-knows-how-long until you get your shit together. I'm just gonna get something nice that I can actually drive and you lost a sale that you pretty much had in your pocket.

See but the thing is you were able to recover your deposit I think that this is the biggest portion of this to remember. Tesla knew they weren't going to be able to keep up with production and hit the quotas needed to sell all of the cars that people put deposits on -- this was something that was known of a company which has struggled to hit deadlines for so long. Elon Musk knew this, and made it so people could get their money back -- if he didn't know this, he would have made it so that wasn't able to be recovered and you'd just have to wait for the car (plus it's providing capital to a company which needs it, another reason not to give the money back)


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t's funny though how it seems to be easier to build spaceships than cars.

A lot more money from government contracts in building spaceships, eh! It's a lot easier when you have a setup money flow, rather then having to depend on people in the world to buy your product which is expensive and behind schedule.

But yeah, I think they'll turn it around. They just need time, a bit of hope, and Elon Musk.
2684  Other / Politics & Society / Re: Is government responsible for solving unemployment ? on: August 19, 2018, 12:39:47 PM
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What do you think providing a correct business climate should entail?

A correct / promoting business climate is one which has competitive taxes when comparing it to the countries that are near them -- which would be mean at least matching the corporate tax rate of other similar countries to yours in the world. This is being achieved through President Trumps TCJA which slashed the Corporate tax rate to 21 percent for all businesses.

Then you should attempt to remove regulations which are hurting business, this is a tough one -- don't get me wrong, as some regulations are necessary to ensure the safety of people. This is something where you institute a bipartisan committee who weigh the economic cost of certain regulations and see if they're really needed -- this is a tough one, but is very necessary as businesses spend a boatload of money in regulatory compliance cost yearly.

That's all I can think of off the top of my head for now, but there are multiple other things which could be delved into -- such as easy access to capital, and so on and so forth.

Hope I answered your question.
2685  Other / Politics & Society / Re: RT news propaganda news station yes or no? on: August 18, 2018, 03:34:21 PM
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RT is pretty biased but sometimes they have some quality journalism. I find that's with all networks though and everyone should always check with multiple sources and not just stick to one network.

Exactly. As at some points they may seem to be this complete Russian bot (due to being financed by the Russian government, as QS said) I do think that you can't disregard them completely because of this. It's not like they're only reporting on Russia, as they do have mostly world news going on.

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Some of the least biased sources are: ABC News Australia, Associated Press, Australian Financial Review, C-Span (duh), Daily Business Review (Florida), Digital Journal, AFP (Agence France Presse), DPA German Press Agency, Eurasia Review, Euronews, FactCheck, Fair Observer, Federal Times, Financial Express (India), Financial Times, Gallup, Foreign Affairs, Foreign Policy, Harvard Political Review, Investopedia, Japan Times, Knowhere, MarketWatch, National Journal, New America, News24 (South Africa), New Zealand Herald, Pew Research, Politifact, Reuters, Texas Tribune, The Canadian Press, The Conversation, The Economist, Transparency International, Tribune News Service, Transpartisan Review, Washington Journal, WikiNews, World Economic Forum, World Politics Review and World Press Review.

Don't know if I would agree with all of these, I would have to say that The Economist is a pretty far left -- and pretty shitty newspaper -- I've seen articles from them trying to make Lenin look like a good guy.

But I will agree with you on the portion that this is what most media companies are today, they have their own agenda and they report THAT way.

2686  Other / Off-topic / Re: Fall of Elon Musk, the new king of debt on: August 18, 2018, 03:23:02 PM
If you REALLY think that this is the end of Elon Musk, I don't think you really understand him nor his business philosophy at all. Elon Musk is the ONLY reason that Tesla, SpaceX, etc have survived this long. He is the only reason that the investors have stood behind him during times of missing number, no profitability, and an increasing need for more and more money which had to be burned in order to survive.

Elon has kept a car company afloat which should have died years ago.

And on the fact that he missed events and whatever -- That has nothing to do with him personally, that just has more to do with his drive to bring his companies in profitability by spending every single hour of his time at the factories to ensure that EVERYTHING is working correctly.

Elon isn't going to go out like this, he will turn Tesla around and he will bash the shorts and the media while doing it (who don't like him due to him calling them fake news, which is probably the big reason for all the negative coverage surrounding Tesla)
2687  Other / Politics & Society / Re: The Myth of American Inequality on: August 18, 2018, 03:07:05 PM
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The editorial section will have a strong bias to the right unless a Democrat congressman/senator/president submits a piece, in which case they will publish it.

That's the point I was trying to get at, I was more or less trying to say that they are still slanted right -- as with the rest of the WSJ. Even though the slant may be a good amount more present, it's still the general view of the WSJ

Talking about good news sources, I would say the WSJ (non-editorial section, regular articles) is the best news source which is currently out there. I would have to say that both CNN, FOX, CNBC, (and all those other ones) are pretty partisan and sensationalist
2688  Other / Politics & Society / Re: The Myth of American Inequality on: August 18, 2018, 04:59:01 AM
What you read was actually an opt-ed (an editorial published in the opinion section). It is important to make this distinction as it will disclose bias in the piece.

I agreed with what was written though. Our current system has a lot of disincentives to work via transfer payments and this results in the lower class receiving payments, when adjusting for taxes income very near those in the middle class.

The tax code is also very progressive, more so than the various tax brackets would imply, due in large part to the earned income tax credit, and similar programs.

Oh of course, I probably should have stated that -- though I did link the article so I don't feel as bad as if I just said it was an article with no link. Though I do think that this sort of consensus is the view of the people at the WSJ anyway, given that they usually have a slight right wing bias on things (depending on the subject, could lean father to the right or the left of course)
2689  Other / Politics & Society / Re: Is government responsible for solving unemployment ? on: August 18, 2018, 04:18:40 AM
The government (in my eyes) only resposnsibility is giving companies a pro-business climate in order to succeed which will in turn lead to the unemployment falling.

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- help students get training in the fields there is need for jobs, not only what they'd like to do (maybe everybody wants to become astronaut, but there's much bigger need for IT&C engineers, for example)
  This is long term and has to be adjusted maybe even yearly. And it depends on the global prices for the input "materials" and resulted "products", since you cannot sanction imports/exports forever.

- give some help to the businesses that create jobs for long time
  Various subventions or bonuses. Better get 2 people work 4h/day than one working 8h (!), since both will be more fresh for the job and you'll get to feed 2 families instead of one.

- Help people getting bigger families = more children.
  Yes this means that in the future you may need even more jobs, but you also need more food, more schools, more cars, more shelter and so on. It's a cycle.

For the first portion of what you're saying, I don't think the government has much of a place in picking/advising much in terms of where people should be working. Don't get me wrong, I do want people to come out of school with a career that they can jump right into -- but I think government involvement in trying to get people jobs is JUST going to lead to a larger federal government which isn't succeeding in its task anyway (see the government getting involved in secondary school, and what they've caused in terms of price increases)

I agree with the second portion, though you don't want businesses to start relying on more and more gov handouts -- as this just leads to crony capitalism which has fully entrenched the US (and the world)

Meh, the third thing isn't really needed.

The governments only task is providing the correct business climate, anything else and we're entering a system where the government is the primary employer of people -- which isn't something that I'll ever want to see. Leave it up to private enterprise and we'll be fine.

2690  Other / Politics & Society / Re: Turkey vs Trump on: August 18, 2018, 03:53:35 AM
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I was ready to put money on the turkey BTW. In our neighborhood wild turkeys roam the streets in gangs of 15-20 and don't take shit from no one.

First things first, what the hell did I just read Suchmoon?Huh teehee.

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They could tell the US to pack up their military bases into a U-Haul truck and move them somewhere else.

But they won't. That would cause President Trump to really reign down upon them like hell in an attempt to humiliate Turkey -- as that is just how the President operates.

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The US dollar hasn't had any real value since they went off the gold standard, the only thing that is still giving it value is the fear of their massive military.

I mean this really does matter on how you define value, as the US dollar is the reserve currency for most nations in the world. And is probably going to continue to be until the end of time. The massive military is a big part of it, but you're forgetting the global banking domaince that the US has over other countries -- because if the US sanctions you-you're going to lose access to some of the worlds biggest, most powerful, and the most investing hungry portion of the world. That's not something you want to do.

Trump will beat Turkey in his attemept to get a foreign policy win with his brash policy. All he wants is his pastor home... that's it.



2691  Other / Politics & Society / Re: Blockchain technology for social good? on: August 18, 2018, 01:50:34 AM
I know that everyone on here is in love with blockchain this, blockchain that, and crypto this and crypto that. But I'm not going to sit here and say that we should have a blockchain and crypto for every single little thing which is going in the world. As for some uses it just isn't practical and for other uses it's just useless and people aren't going to understand what is going on anyway.

I do think that there are certain things that would without a doubt be better off if the blockchain were apart of it -- such as contracts that are put through code, secure real time payment (bitcoin and such),supply chain monitoring (company internal) and some other uses that I haven't mentioned.
2692  Other / Politics & Society / Re: RT news propaganda news station yes or no? on: August 18, 2018, 01:33:47 AM
While this is true without a doubt, I do think that certain segments on RT do have more independence than others, and may be allowed to speak critically of Russia at certain points. Though RT was required to register as a foreign agent with the US DOJ, meaning that the US has taken the stance that RT is fully a Russian propaganda machine.

I'm not going to comment on how networks in the US operate, but there is a pretty good amount of fake news in all of the mainstream media today. Something that we should all be wary of while watching the news.

Though when going on Wikipedia to see who the sources are for calling RT a propaganda news station -- these are the companies which articles which are used as reference, take them as you will.

https://archives.cjr.org/feature/what_is_russia_today.php?page=all
https://www.cbsnews.com/news/russian-news-english-accent-11-12-2005/
http://www.spiegel.de/international/business/putin-fights-war-of-images-and-propaganda-with-russia-today-channel-a-916162.html
2693  Other / Politics & Society / Re: Do governments lose taxes with cryptocurrencies? on: August 18, 2018, 01:21:19 AM
I'm just going to try to pick apart each thing of what you've said.

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The question and the fear are recurrent. If the government loses money from the collection of taxes, because people are saving in BTC or another Altcoin, will it stimulate the states to regulate the issue?

If you're saving money (or investing) by putting money into an altcoin and not selling it, the government isn't losing anything because you haven't sold yet. They're only going to be losing money if you sell and you don't declare the capital gain THIS IS TAX FRAUD, JUST SO YOU ALL KNOW So based on just putting money into bitcoin years ago and not selling, that's NOT the government losing money. The equivalent in stocks would be buying a stock and not selling it-- like many Americans do.

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Starting from that premise, when you take money from your bank account to turn it into Cryptocurrencies, that money, even if you do not have it, will be subject to taxes.

Not until you sell that Cryptocurrency if you hold it you're subject to nothing.

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In summary, whenever you use cryptocurrencies in conversion between Cripto and FIAt you will be paying taxes, directly or indirectly, for governments it is not a problem, it is for us, that unless we develop, more than technology and the trading market, we develop everything a consumer market without having to go to FIAT, we will be being punished twice.

Well yes, this portion is true.

I just want to stress that the entire crypto community thinks that they're being taxed more than any other investment and this just isn't true if you buy a crypto and sell it within a week you're going to be subject to the same short-term capital gains (which is a much higher rate than the long-term capital gains) which a person who did the same exact thing with a stock would be subject to.

2694  Other / Politics & Society / Re: The Myth of American Inequality on: August 18, 2018, 12:53:05 AM
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The conclusions are wrong.

Inequality is there, but is eased with welfare is what your study says.

Welfare will never ever cure the reasons (biological, psychological or something different) for inequality it will just decrease the effects (no money).

Well yes, but all the article is trying to conclude is that the US is as unequal as other countries in the world. Saying otherwise is a lie that is trying to manipulate people into thinking a certain way.

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Very interesting question. But the bigger question is can we bank on the integrity of the sources you quoted? The best way to judge these things is to observe by yourself. Be on the ground and do some stock taking. A lot of the statistics around today can hardly be trusted. From personal observation, I must say a lot of inequality still exists. There's only one area I cannot say much. And that is when it is a comparison with other countries. But America still has some work to do concerning inequality in various spheres.

As per anything in the news today, don't trust anything on first glance. You should be prepared to read into everything that the MSM puts out these days as you really can't trust anyone. People will take things out of context, misquote, or even outright lie when it comes to this new age of trying to get more sensational clicks.

2695  Other / Politics & Society / Re: Should UBI Replace all Welfare Systems? on: August 17, 2018, 11:17:14 PM
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"AI" is an overused buzzword that makes some (most?) people think it's going to be a drop-in replacement for a human. It's not. I will be shocked if in 5 decades we are able to develop machine learning to the level of a 3-year-old toddler. More likely though it will continue to be narrowly specialized, such as self-driving cars that may work reasonably well during daytime on well-marked roads in a well-mapped area with good wireless signal. There will still be plenty of humans doing the road marking and mapping and all that stuff.

Now look 5 decades back and I'm sure you'll find many jobs that no longer exist and probably even more jobs that were "invented" in that time period. Things change.
Report

AH SOMEONE IN THE WORLD UNDERSTANDS ALL OF MY THOUGHTS AND CAN EXPLAIN IT SIMPLY!

I don't think people truly do understand how much knowledge a machine would have to have in order to give you tax advice, compliance, and so on and so forth when it comes to the world of accounting. I understand people thinking that basic (super basic) tasks like data input are going to go away with the world of AI, but that's not something that requires too much brainpower anyway.

Humans are always going to be needed, the world is just going to SHIFT. As it always has.

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i doubt ubi will survive for long, capitalists are very greedy people they will sooner or later try to create a slavish form of capitalism, enslaving as many as possible as money earning cattle to feed their greed for power.

This argument goes either way, it could either be CUT or it COULD be expanded. Who knows what the people are going to vote for. (Hint: usually free money, or at least they THINK it's free)

2696  Other / Politics & Society / Re: Should UBI Replace all Welfare Systems? on: August 16, 2018, 07:06:37 PM
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I'd be theoretically OK IMO to progressively phase out UBI at very high income levels, but I wouldn't particularly support that because it requires the government to know your income, and I strongly favor eliminating the income tax. Taxation is theft and should be totally eliminated, but income tax is the worst type; it'd be better to replace income tax with sales tax and/or property tax. (If there is an income tax, then you can do negative income tax, a similar system to UBI supported by Milton Friedman.)

I think the government is going to be able to know your income either way, because even if the Income tax is ever removed (it won't ever be, too much in tax revenue at this point) there is still payroll taxes with W-2's (and 1099s for independent contractors) that are going to report your income levels anyway.

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Especially with increasing automation, people are going to have to spend more time on free-form, entrepreneurial sorts of things, and that's good. There's no need to force people into soul-sucking 9-to-5 jobs. Already, I suspect that if you're earning less than $30k/year in the US, then you could probably make more money by becoming an independent contractor of some sort, even if you're completely unskilled.

I fear that governments will create near-pointless 9-to-5 jobs as a form of welfare (like eg. the New Deal CCC) in order to guarantee a "living wage", which would be just unbelievably stupid. Just send people a check and the vast majority of them will on their own do much more useful and fulfilling work.

Governments will do this, and it is sad to see. But-- the average worker doesn't want to have to depend on how hard they have to work to gain money. They just want to go to work, stay for as long as they have to and collect their paycheck at the end of the week.

Entrepreneurs are a different breed of people in my view. They strive for greatness and they will dip into savings, loans, etc in order to make their dreams a reality.

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We will actually run out of most jobs in the next 5 decades thanks to AI and immutable data courtesy of blockchain.

People have been saying we're going to run out of jobs for decades, I truly think it's going to take more time than this.


2697  Other / Politics & Society / Re: What is the most ideal form of government? on: August 13, 2018, 11:30:20 AM
Quote from: "Winston Churchill
“Democracy is the worst form of government, except for all the others.”

Winston got it right then, and it's still correct to this day. Democracy is the only form of government which has been able to put millions upon millions of people in well-paying jobs, lift them out of poverty, push them into the middle class and continues to push them into higher classes. I haven't seen ANY other form of government which has been able to succeed when comparing it to Democracy.

Democracy is the most ideal form, arguing otherwise is idiotic.
2698  Economy / Gambling discussion / Re: Numbers speak louder then words! on: August 13, 2018, 11:23:24 AM
10 plays for 500$

That's expensive af o.o

How do we even know the results are legit?

That's the thing, you don't. This guy is trying to lure some degenerate gamblers onto here in order to get them to spend their money on his 'picks' as a last ditch effort to save himself. This is only hurting the people who are already hurt by gambling, is that really the best thing to do to these people?

That's a really scummy thing to do, I'd even go as far to call you worse than the degenerates in gambling.
2699  Economy / Gambling discussion / Re: Four reasons that cryptocurrencies will revolutionize the online casino industry on: August 13, 2018, 11:19:48 AM
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This is why Binance moved their company. They would have had to KYC customers (who would all leave) and moving to Malta allows them to keep anonymous trading open for under certain amounts.

KYC DOESNT ACTUALLY SOLVE ANYTHING. The databases for banks and governments are hacked because people are forced to provide their personal information to them. People need to learn to store their own data and not give it out to anyone if they want it secured.

Coinbase could still be told to KYC or stop doing business with people in the US if the SEC wanted them too. It really doesn't matter where you're situated as a company, the US will get involved and will stop you if needed (if they want)

Some exchanges and gambling sites may get away with it for sometime, but at a certain point the government wants a piece of the action as well.
2700  Economy / Gambling discussion / Re: Four reasons that cryptocurrencies will revolutionize the online casino industry on: August 13, 2018, 02:50:16 AM
The anonymity benefit will only last as long as it remains deregulated. As soon as BTC casinos become mainstream there’ll be a push to regulate the entire gambling industry and apply similar rules/laws to those that apply to online and in-person FIAT casinos. As you said, it’s usually a matter of red tape. Just because there’s no red tape there now, there’s nothing to say that it won’t be demanded of soon.

Not just this though, anonymity is ONLY as good as the opsec of the people that are using it. If you're someone who is sharing your bitcoin address alongside your username (or a name that is connected to real life you in one way or another) then you're going to get caught.

I also don't think that Crypto can even come close to having a stronghold on online gambling until the volatility of the currency subsides -- as gamblers don't want to RISK EVEN MORE (as the value of their bitcoins could either go up or down while gambling, I don't think they want to go that far)

So we need currencies that are FULLY private, or people that learn to keep opsec high. (So you either end up with XMR, or people getting smarter) PLUS you need volatility to subside.
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