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2761  Other / Off-topic / Re: What are you listening to RIGHT NOW? on: September 16, 2019, 12:24:29 PM
Classical music (Schubert) live, probably from Austria, via Spain's national radio on satellite 30°W FTA.

There are no classical music radio stations in this city anymore... Sad

And now its some Jazz/blues catchy music from same radio, awesome.



Classical music of Mozart --> https://www.youtube.com/watch?v=VB6SIKl8Md0

For my relaxation and kicking of our baby on my wife's womb.  Cheesy

Lol, as long as its not requiem :3

Why can't babies listen Beethoven? For Elise is cute no? ^^
2762  Other / Off-topic / Re: Do you like to pay bills using bitcoins while staying at home? on: September 16, 2019, 12:14:09 PM
Paying bills is very tiresome. Aside from travelling to the nearest station to pay for your bills you also have to pay for your fare. Sometimes when you are very busy and you cannot leave your office or your home you are wishing that there will be a new technology that allows you to pay your bills without going out from your house and leaving your office.

In the Philippines bitcoin has made the life of Pinoys more comfortable. Using bitcoin while at home or at work with just a click on your mobile phones or smartphones you can pay your bills. There are sites in the Philippines that allows you to do that, but is there anything like that in other countries?

If i could choose i would pay everything with bitcoin. The way things are now, i have to exchange first into fiat using something like localbitcoins, which is annoying to say the least (and localbitcoins fees are too high for small things). Then that goes into the bank, and then you pay the bills using online banking (which is also stressful).

Glad for you that you can pay directly using bitcoin, that would be a dream come true. But the State here made a garbage altcoin that cannot be used even for state owned companies, in-spite of gov propaganda...

And like us, the very first use of bitcoin to you guys would be wire transfers from abroad, which is hundreds of times better than any other method of sending money from abroad back home. Ah the joys of living in impoverished countries...
2763  Other / Off-topic / Re: Are you in favor of Universal Basic Income on: September 16, 2019, 12:02:20 PM
I think UBI is definitely better than the welfare system, but ideally I would just like to see taxes gradually abolished. People know better what to spend their money on.

This is the correct way of thinking, but to achieve that you'd have to reduce the State, perhaps even abolish it...

Indeed, anything given by the State to you, makes you dependent to said State. UBI is very socialist in nature, and socialism means big State, which means bureaucracy, corruption and, taxes...

In short, I'm against UBI. Now GET BACK TO WORK Smiley
2764  Other / Off-topic / Re: Getting thin and lose fat on: September 16, 2019, 11:54:32 AM
Hello,
I have one question.. There are a lot of products for getting thinner, slimmer etc. But I need to be sure.
Maybe you tried some food supplements and can share your thoughts?
My goal is to get thin without sports.

Exercise is the best way to do it, doesn't have to be a "sport", any cardio would do. De-stresses and tones while burning the fat. Even a stationary bike 30 mins every two days or so works wonders, or you could start with old fashioned walking, and when that gets too easy climb stairs rather than use the elevator.

You should combine it with a healthy diet, add plenty of vegetables, at least half of what you eat should be that.
2765  Bitcoin / Bitcoin Discussion / Re: Bitcoin future on: September 16, 2019, 11:29:23 AM
I am a begginer and just want honest and fundamental opinions

Of course it will. Its defined in code, it doesn't depend on any individual, Bank or State, it works in-spite of these, with or without them. Which is why its strong and valuable, we call it decentralization, the mere fact that it can't be shutdown or changed on a whim, like fiat money some altcoins can and therefore are worthless in comparison.

Bitcoin is better than gold.
2766  Bitcoin / Bitcoin Discussion / Re: What are we really investing in bitcoin? on: September 16, 2019, 11:26:12 AM
Is the service and profitability, even if bitcoin is highly volatile, are the only two reasons why bitcoin is attractive to investors? Any good opinions or answers? Thanks

Because it isn't. Volatile. Zoom out and see the graph, it is steadily going up, slower with the pass of time.  If you buy today, wait a few years or so. Then you'll understand.

Short term is useless except for traders. Don't pay attention to the little fluctuations you see from week to week or even months, you have to look at it at years, and perhaps decades.

Bitcoin is valuable because its secure, AND uncontrolled. Its rules are defined in code, not by some politician or banker whim. Which is why its price on the market float freely, its a proof of its freedom. Be wary of altcoins that artificially peg their price to something else, because there is something going on, as with any fiats that have done the same in the past (with dire consequences).

Did you know: The Venezuelan bolivar (VEB) was "pegged" to the USD to around 1 600 Bs in the year 2004? Do you know how many of these would it be today for 1 USD? 2 100 000 000 000 *.

* 1 000 VEB = 1 VEF (2008), 100 000 VEF = 1 VES = (2018).

The current monthly wage for a full time 8/hrs 5~6 day/week job is equivalent to 2 USD.

And some say bitcoin is "volatile", from 0 to 10k in 10 years while the State backed bolivar lost 8 zeroes... And people trust States and banks, because they have never lived hyperinflation or bank runs in their "perfect" run free market economies... America had their little house bubble pop in 2008, yet they didn't had their fiat lose 8 zeroes in the very same time span... Perhaps they would have, if socialists had their way and the State assumed everyone's debt.

Of course, an Austrian economist would oppose bailing out the banks, let them go bankrupt, rather than helping them, which is a form of State intervention out of "fear", which is what made the bubbles form and pop in the first place, the mistaken Chicago school they keep following like dogma, the same that fears deflation and promotes debt...
2767  Other / Beginners & Help / Re: How Can I Increase Bitcoin? on: September 16, 2019, 11:04:14 AM
Hi!
I created this thread to know the best ways to increase Bitcoins.

I am looking only for the best and secure options.

Just buy them. Yes, really.

Other methods are probably less "secure" or have increased risk (ie. Mining).

Make it a habit to invest a portion of your income to purchase bitcoin, and at the end of the decade you will end with a lot of bitcoin. Just pick a number and stick to that (ie. 20% of your monthly income).

And yeah, ignore bitcoin price, whatever price you buy now, will surely be less than in 10 years or so. Think long term, and as a matter of fact, learn how to make an off line wallet using Electrum by writing some words in a piece of paper with your own hands. Then any funds you send there are untouchable...
2768  Bitcoin / Bitcoin Discussion / Re: Trump’s Plan to Ban the Petro Could affect all Cryptocurrencies on: September 16, 2019, 10:52:23 AM
According to this article, the Senate Bill 1025 will provide the blueprint on how to ban a cryptocurrency, and some think the ban will come all the way to bitcoin!

And now we have an interesting revelation....
The petro was supposed to be the savior of the Venezuelan resistance against the evil US by allowing them to avoid sanctions.
So, if the US can still sanction anyone that deals with the Venezuelan Petro, aren't we back at square one?
I lost count of how many times I have told people here that just by inventing a new way of payment won't matter, it's the outcome of dealing with Venezuela that others try to avoid, it's not like the US has gunships all around the country and shoots everyone with a suitcase of $.

But banning Petro may open the way for banning other cryptocurrencies, eventually, or maybe even first, making its way to bitcoin.

Trump banning bitcoin..common, let's be serious. He has no reason why, nothing to gain from and I'm 99% sure he doesn't really have a clue how it works.
His actions against the petro are only because the moron in Caracas managed to draw all attention on it and labeled it as the 128121721th dollar killer.

Maduro blames everything on "US Imperialism", but its actually 95% his own fault and of his close associates. Regardless of that, of course any decent crypto can help "evade sanctions", same is true for any country, but you don't need to make your very own altcoin for that. Bitcoin works perfectly fine.

Back in 2014, Maduro ran out of money and he simply ordered "printing", not unlike Mugabe did in Zimbabwe, with the very same results. Simple reason is they made a budget for oil prices around 100 USD per barrel, but oil went down, and rather than reduce expenses, he blame it on "US aggression" (free market), and "capitalism threatening socialism" because reduce expenses for socialism = less social programs, and that is clearly capitalism fault...

There is something inside the head of the so called "socialists", which is simply too hard to explain here. Their minds are broken, or at the very least, they make others believe so. it is very simple: its unsustainable. Besides corruption in this country is one of the highest in the world, so most is lost anyway and they do nothing but blame "US sanctions" on everything, because their own people stealing is something only a traitor would even think about (although that's the truth).

The altcoin, like most ICOs, raised a good amount of money, but this money is all gone. Petro ended being a State ICO scam. And yes, they are still happy to take your money, if you use fiat you have to spend like 1k $/€ or so, or abound 100$/€ equivalent if using Bitcoin or a few other altcoins. Petro is the most centralized altcoin there is, worse than ripple. There is only one online wallet, and a mobile "app" that simply is an UI to the same server. Everything is hidden, in-spite their own law that states any State software development must be source code published. It is known they used Dash code, there is no software available for people to run nodes or wallets of their own. This is the third revision, earlier they made Petro using a NEM token, and even earlier using ETH tokens, each time replacing the development team (and even the original Petro proponents).

Petro is, without any Trump "aid", one the most dangerous altcoins, not as in evading "US sanctions" (who cares), but as in people losing their money.

This year Maduro gave Putin a lot of gold from the country's reserves, as payment for different debts (mostly weapons related). This is a gold that had been the reserves for decades, and was brought from US and Europe at great expense by Chávez when he was still alive. This transaction was done physically, they sent a "military" (passenger) plane for that, they took ingots in it. But they wouldn't take Petro's, cause Putin isn't stupid...

The country is now almost reserve-less, money is printed like there is no tomorrow, and its oil production that used to be 3 million barrel/day a decade or two ago, is under 1 million now (which is why losing didn't Citgo didn't matter at this point anyway). Under Maduro's rule, everything has gone broken. But of course, THEY have the guns, not the people, and when there were protests a couple of years ago, they were sure to use said guns against protesters. But you didn't see the local "socialists" defending those like they do with, say, Hong Kong. Doesn't matter, after hundreds of deaths people gave up and emigrated en-masse to whatever country would accept them, near and sometimes not so near...

Guesstimates of emigration is from 3 million to 6 million in the past few years, meaning from 10% to 20% the population. Not only people cannot protest against the inept gov, the inept gov made sure healthcare, education and justice don't work, even basic administrative things like getting a passport became impossible (which is why so many immigrants have turned illegal).

Socialism indeed...

And Trump, what an useless liar, full of empty threats. His ridiculous sanctions against a few people of the regime did nothing to end it, and the regime use it as their everyday scapegoat for hide their own wrongdoings. Just like, i don't know, the failed half century policy against Cuba. Do Americans ever learn?
2769  Other / Off-topic / Re: How you imagine 2050 on: September 15, 2019, 02:32:34 AM
How do you imagine 2050? are the cars flying, does the climate get better, are we on mars yet, what are the biggest innovations. Lets talk about it

Just 30 years more... Hmm i think we would have sent more things to Mars, maybe some humans.

The climate isn't getting any better. Even if magically people stopped polluting and deforesting tomorrow, it would take a lot of inertia to slow down or revert the effects of climate change. Sadly i think the weather patterns will remain harsh and changing for decades to come.

They are not going to let cars fly yet due to regulations on airspace. Or if you wanted to fly in your car, you would need the corresponding pilot license...

If hyperloop becomes more popular, people are going to use less, not more, cars. America actually just needs high speed rail to connect her major cities, which is good as less jetliners also means less pollution.

Electric cars will become more and more common, and small self driven mini bus like commuter (such as Musk 20 seater proposal) this is a driverless vehicle people could take daily, and even call it uber/lyft style.

By this year there won't be any commercial bitcoin miners, all that will be left by then is a small group of enthusiasts. Bitcoin price would have gone more stable finding its approximate place (it will keep going up but slowly, opposite to the induced fiat devaluation).
2770  Other / Off-topic / Re: What are you listening to RIGHT NOW? on: September 15, 2019, 02:17:12 AM
Classical music (Schubert) live, probably from Austria, via Spain's national radio on satellite 30°W FTA.

There are no classical music radio stations in this city anymore... Sad
2771  Bitcoin / Mining support / Re: Discussion: Best Turnkey solution for 200 miners behind slow internet connection on: September 15, 2019, 01:41:23 AM
I don't know about the rest of the world, but where I live, in remote places , you can hardly get any internet connection , people there go for satellite internet, but if price and latency is an issue, we usually set up point-to-point connections for them.

In fact in many cases it's cheaper to buy cheap Ubiquitti airfiber equipment such as the af-2x which goes for about 500$ each , which can do up to 200km depending on the line of sight, and you can still get over 100mbsp in ranges above 50km easily, as long as you don't have to lower the frequency to penetrate any obstacles on the way.

in other words, let's say you live at location (A) or have any friend's or family whom you can borrow a 50 square cm on their roof (and of course some of their internet bandwidth) , and your farm is is at location (B) which is 100km away, if you have a bit of networking skills and can do the work alone, you end up feeding your farm with 50-100mbsp connection at very cheap cost, and in the course of a few months you would have ROIed the equipment investments compared to how much you have to pay for a shitty and expensive connection.

When I used to do this type of work, we went to the extent of renting people's roof's to be able to go as far as 500-1000km , but that won't be easy to do if you don't have the right skills and team, interference and frequency regulations might get in the way, but if the distance is not that huge, and you have a line of sight, it's really not a bad idea at all.

Yes that is being done by several companies and individuals here, given the terrible service by the State owned ISP, but few people can afford it, only business and probably miners would have no problem.

Commonly you get no connection, shitty State connection, or mobile (state or private) and those links you mention. A few do have satellite, but that's a whole can of worms.

I wonder if that Ubiquity can penetrate a small hill that is blocking my line of sight to the only friend that could share internet with me... I don't need 100mbps, 1mbps would be good enough...
2772  Bitcoin / Bitcoin Discussion / Re: Why haven't governments illegalized bitcoin transactions? on: September 15, 2019, 01:23:48 AM
Whenever a government legalises a currency, it is practically stating it an acceptable means of exchsnge and settlement. Governments operate centralized currency systems controlled by the central bank, legalizing cryptocurrency which is decentralized is accepting a shift from their centralized financial structure to a decentralized one. This could significantly affect the fiat currency of that country.

Yes, just look at Japan... Nope, not affected. And their people know their coin is devalued 2% every year...

Meanwhile in Venezuela... ok lets not talk about this place (the coin lost 5 zeroes in 9 months, and its getting faster).
2773  Bitcoin / Bitcoin Discussion / Re: Bitcoin Books on: September 15, 2019, 01:15:48 AM
Really, I have never read any of these books from the list you mentioned in your post. I do not know, may be because I do not like reading for the last period of time. May be because the whole world has a tendency to listen to the information more than to read it. But will read for sure some of these represented books. It turned out to be interesting for me after some comments in this topic. Thank you. Will save these links for myself.

Yes, unfortunately the modern world is increasingly moving away from reading books. But on the other hand, this pace of life leaves no choice. Still, if you have some free time, read something from the list. I wish you luck.

The future of Bitcoin is incomprehensible. At the same time, the venture capitalist Barry Silbert at the Goldman Sachs conference noted that Bitcoin will either change everything or nothing. Refer to the proposed list of books more often, and you will have every chance to become an active participant in these changes. I guess we need to read much if we want to learn BTC and crypto.

Incomprehensible? Its crystal clear to me: Deflationary coin, untied to govs or banks, what else do you need to know? Yeah its electronic and tamper proof, which makes it border-less and transacts fast enough for most needs.

It might even trigger the world to move into deflationary economies, and it was about time people (finally) learned about the Austrian school... Chicago boys can go packing home.
2774  Bitcoin / Bitcoin Discussion / Re: Antiviruses on: September 15, 2019, 01:08:32 AM
Anti-virus use on Windows is perfect. Antivirus is usually not used on Mac or Apple. However, it should be used on a normal computer. Because the malaria virus can damage at any moment.
Ubuntu also don’t need extra protection , am I right? I just want to install it.

Ubuntu is one of several linux distros. If you like it then its fine. You can try it without installing it, just boot from a dvd or usb stick.

There are several different distros and desktops. The way Ubuntu UI is set up, is a bit too unconventional for my taste (touch screen oriented).

A more traditional desktop can be found in the likes of MX Linux, which is currently no.1

There are also many others, look in youtube for reviews and test them all, most can be used without installing it.
2775  Bitcoin / Bitcoin Discussion / Re: Why bitcoin is successful? - this one statement sums it up! on: September 15, 2019, 12:46:33 AM
At it's beginning,,bitcoin looks very egalitarian in it's core.This must have been a big reason,why the early adopters started mining btc and spreading awareness about the first cryptocurrency.
10 years later,the egalitarian nature of btc is gone.There are big miners,big crypto whales and big crypto exchanges.The myths about zero fee instant transactions and 100% anonymity are busted.
However,the lack of complete centralization is still a big advantage.

If it looked egalitarian in the beginning it was by accident. For starters, everyone did not own a computer. And everyone did not own a farm of computers. even in the old days, the race was on and some people simply had more capital to invest more into mining than others.

Mining in itself is not the reason to be for Bitcoin, and as you can see, only 10 years later is starting to look uninteresting. Eventually all those big miners will leave as it becomes unprofitable to mine at any scale, and only a few hobbysts and those with free electricity will remain..

I don't know what you think "instant" means, but a Bitcoin transaction is lightning fast next to a regular international wire transfer. It might not compete against a debit card (without LN) yet, but for almost anything else its better. 1 hour wait? next to 1 week wait?

Anonymity still depends on you. If you mine it yourself, or if you know how to purchase them. Anonymity wasn't really its core feature, the blockchain is public anyone can follow transactions as long as you disclose them.

Most of your comments seem to be your own self made pre-conceptions. Bitcoin is still Bitcoin, it didn't came here to end inequality or give you anonymity.
2776  Bitcoin / Bitcoin Discussion / Re: A Mystery Person Just moved $1B worth of Bitcoin on: September 15, 2019, 12:12:58 AM
this is ancient history bro. it happened ~10 days ago and there was a lot of speculation about it. it seems like independent is way too late with their getting news. lol

Quote
Such a large amount of bitcoin has the potential to crash the cryptocurrency market if it is cashed in for fiat currency.
since this is old, now we know that it could not.

Lol! When you said this is old news I imagine 2017 -18, but just 10 days ago and you sound like it happened years back and can't not have effect on the price! 10 days ago is pretty recent to me and could still poss as treat to the market in general, that's a huge amount and if it was actually withdrawn should have cause a dent in the price but not sure why yet.

But for this type of thing, something like a trading signal, its ancient. And yes, someone said a week ago things like "crash" when in reality it wouldn't be but a mere little fluctuation. Cheap bitcoin people would quickly buy back.

If it had happened 10 days ago, you would have not noticed except by looking at the usual price fluctuation.
2777  Bitcoin / Bitcoin Discussion / Re: If core bitcoin community moved from Bitcointalk to Reddit then.. on: September 14, 2019, 11:58:54 PM
"If core bitcoin community moved from Bitcointalk to Reddit then.." it will result to chaos since Reddit cannot handle efficiently the total amount of information from bitcointalk since its creation. Moreover the idea of migrating all existing data from bitcointalk to reddit is ridiculous!

Actually Bitcointalk is so important, even Altcoins don't dare launch without an official Bitcointalk Announce thread. Next to it, Reddit is irrelevant, it doesn't matter if someone makes or not a subreddit of the specific altcoin.

Even if Bitcointalk was to be moved (perhaps because forum software change) it wouldn't go into Reddit in particular.
2778  Bitcoin / Bitcoin Discussion / Re: IF Trump via Executive Order Banned Bitcoin, what are consequences if any? on: September 14, 2019, 11:53:16 PM
I guess there is going to be a huge impact on the price but a short term effect. The price will get dumped by people living at the US (as usual when any negative events take place) as they will try to get out from bitcoin investment with minimum loss. This dump will cause further more dumping as people around the world will sell their investment as they will start to fear about there investment. Then whales will jump in to buy btc at lower rate, thus slowly causing the price to recover.
BTC is a global currency. The price is not defined by one single country's action.

Yes, more or less. Some of the above posters seem to overestimate America, and even if their government declared it illegal, i doubt everyone would get rid of theirs. Its like when they ordered everyone to handle their gold...

Like you said, any price fluctuation caused by such wouldn't last long. Indeed not just whales, people from other countries will see a chance to buy cheap. You think everyone would blindly follow America in something like this? Actually America would be the one following China by going this route...

Bitcoin not only is global and not defined by one single country, its not controlled by any or all of them. Even if they banded together against Bitcoin, it would not be the end of it.

The Stateless/Bankless side of Bitcoin should not be underestimated. It was designed to survive State hostility, precisely this scenario. Satoshi probably thought all countries might go together against it, forcing it underground where it would keep working for decades until the fools realized illegalization wouldn't kill it and that many people are actually keeping secretly their savings in it.
2779  Bitcoin / Bitcoin Discussion / Re: Publishing text. on: September 14, 2019, 11:40:33 PM
Like a living will?

That's a lot of coinage. How do I do that cheaply, and immutably easily with Bitcoin.

Something someone could access if only bitcoin was alive; and nothing else. So, that rules out just the checksum/hash for storage.

Zip? Rar?

So... you want to write blockchain spam, ie a written message to the blockchain? Maybe a compressed file base64 enocded? (brings memories). Obviously something so ancient as zip or rar is unfit for this age, you should go with xz Smiley.
2780  Bitcoin / Bitcoin Discussion / Re: Less than 0.3% of the world population owns more than 1$ worth of BTC on: September 14, 2019, 11:25:51 PM
No wonder. The smallest part of the world's population owns most of the world's funds

Sure it is always that way. The capitalist are usually fewer than the workers because it is a chain that has been there longtime ago, it keeps replicating. Money is a scarce substance and the means to get to it is scarce which makes just few to finish the race.

Bitcoin separates money from State/Banks, but its not involved in altering world inequity. It might be helping leveling the playing field, or not, but it would be a side effect and not its intention.

Whatever humanity will do with money that is not controlled by State or Banks, it is for them to decide. Bitcoin doesn't touch this.

I do not really believe the "inequality is bad" camp, which is typical socialism rhetoric. You can have everyone equally poor, or a very in-equal society where the poorest individual happens to live better than in those very few countries where everyone is forced by the state to be equally poor...

But even if you want to do a revolution, you cannot manipulate Bitcoin to your whims. In any social system (or lack of), Bitcoin is Bitcoin, uncontrolled, free.
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