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281  Economy / Economics / Re: Should exchanges ban margin trading and adopt Dividends/Interest based on time on: May 19, 2019, 07:02:06 AM

Should people who have held cryptocurrency continuously not rewarded suitably?
They saved their coins in order to sell it later for a better price. That would be their reward. We shouldn't try to somehow stimulate them.
Margin trading creates big part of BTC price. It makes its MC bigger and the currency becomes more resilient regarding any big sell orders. This is what makes the difference between Bitcoin and some other shitcoins with lower trade volume: you can sell $100 worth of shitcoins and dump the market.
282  Other / Politics & Society / Re: Anyone know why Rothchilds are selling all their property? on: May 19, 2019, 06:42:52 AM
Maybe they see the coming crisis, where Bitcoin takes over. When that happens, their junk will be worthless to collectors. Why? Global turmoil in a full fiat crash will make their junk worthless, because people will be scrambling just to stay alive.

What are they doing with the cash they get for their junk while their junk has some value? Turn it into something that has lasting value. What has lasting value? Gold, Bitcoin, land, anti-aging, perhaps a self-regenerating stronghold where they can live off the land and survive. Maybe they are buying armaments for self-protection from the starving billions.

Cool
If they were preparing to crisis then we should probably see reports that Rothchilds are buying something instead of selling. Currency exchange rate and purchasing power suffer during almost every crisis. So you have to secure your savings in some safer assets instead of converting everything to fiat.
They must needs funds for something.
It seems like when the richest people of the world need to buy something then they probably don't look for something to sell. Maybe they are just cleaning up some shit.
283  Economy / Economics / Re: MICROSOFT WANTS TO "PROTECT" YOUR IDENTITY WITH BITCOIN on: May 18, 2019, 03:50:27 PM
I've got no prigraming skills to check if they are so opened with their github or not but the general trend among leading IT companies is leading to centralization. Recently Pavel Durov (CEO of Telegram) blamed Facebook, and especially WatsApp, in lack of privacy. Even when Mark Zukerberg is claiming that they implemented end-to-end encryption they still keep saving backups on the centralized cloud.
So as we see today IT companies can make a sight they are fighting for privacy and do absolutely opposite things.
284  Economy / Trading Discussion / Re: A Complete Guide to Margin Trading for Beginners on: May 18, 2019, 03:42:03 PM
Emm...
Dude, that is only some points that superficially describe what is margin trading. That thing can't be called "a complete guide to margin trading". It looks more like an intro for complete guide.
If someone is searshing for a place with good amount of information then you can go to this website: https://www.babypips.com/learn/forex
It is about forex but all those things also applicable to crypto.
285  Bitcoin / Bitcoin Discussion / Re: If you are regretting not encashing read this ' on: May 18, 2019, 03:35:33 PM
The reason of price decline is still unclear but it was hinted that in Germany some major people are against this Currency and actually wanted to ban it.
If you are looking for some informational reason of the price decrease then you shouldn't think about this conspiracy stuff. If that news were strong enough to change the BTC price then you would probably see it on every website.
That seems to be just a correction. We had a good and very fast growth with only several short stopages without any serious changes. So a correction was just a matter of time. But the faster it happens the less painful it will be.
286  Economy / Trading Discussion / Re: Any merchants accepting Zcash in trading ? on: May 18, 2019, 09:31:19 AM
Just IMHO but there is no point for someone to accept such anonymous coins like Zcash while you can use good old BTC that is more transparent. I don't say that no one gonna do it but this way of payment simply will never become popular. Zcash is only good for money laundering, even dark web marketplaces are generaly prefer to use BTC as a main currency instead of all those privacy coins.
287  Economy / Trading Discussion / Re: Question for more experience traders! on: May 18, 2019, 08:56:37 AM
These markets are too different. Most people are buying stocks in order to get sole long term profit with lower risks while day traders are trying to speculate on small price fluctuations. I don't say that is is not possible with stocks but it is just not that popular.
So I suggest you to compare crypto trading with forex. And there forex is more stable and predictable. This is pretty obvious: markets with higher market cap are more stable and resistant to influence from the side of some private traders and institutions. And here is an example: If some whale would sell all his coins then he will immediately  drop the entire market while if some invest bank sell all his USD during the uptrend he will just lose huge money without any influence to the market.
288  Economy / Economics / Re: A Tale of Two Socialisms on: May 18, 2019, 07:58:22 AM
we live under financial socialism, and that the results aren't all that different, fundamentally speaking.
The economic socialism is quite different from what you describe. You can read about the economy of the Soviet Union and it is far not the same as you see today.

Paul Krugman: "the dollar is backed by men with guns."
If he say so it doesn't mean that he is right. The dollar is backed by the american government which have an obligations to collect trillions of dollars as taxes. Without this financial background all this military stuff would be useless.


Inequality is institutionalized.  People with centralized wealth and power tend to pass them to their offspring.  What we have, in effect, is modern feudalism.  Check and check.
The point is that in capitalism inequality naturally exist because some people work more than the others and provide a better outcome. Not everyone among us is such a good manager as Steve Jobs and it is pretty obvious that skilled people are getting more wealth.
While in socialism wealth is centralized in the hands of elite because they took it from the others and killing everyone who tries to get some of it.


Democracy is allowed as long as it only makes the system look good.  Socialist countries had real elections only at the town or village level.  The West has real elections only at the circus level.  Check and check, for filling positions of real power by 'indirect democracy.'
Just IMHO but it is pretty stupid to compare elections during socialism where people are not allowed to vote against their government (otherwise they are risking ti get killed) with the things that happen during democratic elections.
289  Bitcoin / Bitcoin Discussion / Re: Possibility and Legitimacy of a Rollback on: May 18, 2019, 07:35:16 AM
Those stolen bitcoins are still gonna get back to the market and the entire community shouldn't worry about that.
People gave to Binance their money. Binance is an official and totally legal exchange so if they lost someone else's money then they have to give it back. It is only their problem and I bet that top crypto exchange can afford itself to repay this money. It is only a problem of Binance, not the entire cummunity.
The other thing is that mining community is not that smart and they don't really care about the others. It mainly consists of greedy (and pretty often retarded) asians and for obvious reason, I don't trust them.
290  Bitcoin / Bitcoin Discussion / Re: If there is a store like Amazon or ebay that accepts only BTC would you use it? on: May 18, 2019, 07:16:27 AM
The problem is that most of those websites that sell different stuff for crypto are generally selling garbage. Not really garbage but the range of the stuff they sell gonna be such small that I won't eventhink about looking for such websites. There is no sense in searching for a new crypto amazon until the old one would start accepting cryptocurrencies.
291  Other / Politics & Society / Re: Blockchain vs Trump on: May 18, 2019, 06:56:19 AM
Emm...
This article seems to be an absolute garbage and it doesn't give a detailed answer on the question they put on the headline. Probably because they realize that they are posting shit.
I'm also looking forward to see a recipe of how to make a democrat establishment smarter. The situation with all those leftist gonna be really hot closer to 2020.

Also there is a description of the author of this bullshit:

Quote
Matthew Harris is a copywriter and editor across several different industries, though most lean towards the geeky, cheeky, or just downright freaky. When not writing, he spends his time furthering his status as a movie-junkie or just hanging out with his wife and dog-pack.
An extremely smart and reputable guy. Thanks OP for sharing his opinion. That's what I needed so desperately.

I actually found both the article and the author very interesting to read. You didn't quite answer my question sir.


Could we use blockchain to keep politicians from lying so often? Whether it's Trump or anyone else?
And this interesting article gives you absolutely no information about this topic. Just a retarded idea.
By the way the answer is simple: No. At least untill you gonna have a chance to place their mind on blockchain so you could publicly see all their thoughts. But even then it is still gonna be useless.
292  Bitcoin / Bitcoin Discussion / Re: Would you buy a coffee using BTC during current times? on: May 17, 2019, 04:43:36 PM
First of all for now, 30 cents worth of BTC was enough for me to get confirmation approximately in 10 minutes. Also, such things as LN are designed to simplify such "coffee transactions". And this solution becomes pretty popular. The other question is that why should you pay those $2-3 in BTC while there is a chance that tomorrow it could become a $4 worth of BTC? At this point it seems much easier to pay in cash.

Aside from fees, we are right now in the speculative fever so why waste your Bitcoin just to have a coffee? I would rather hold my small bitcoin and see where this bull run is going to. And yes this is the problem on the currency side of bitcoin people are not daring to use the bitcoin just to buy anything and on the side of the merchants they can be disappointed to realize that not many are actually using bitcoin to buy something from them. Is there a solution to this? There is and that is to make bitcoin not volatile but the problem is how to make it like that...any idea?
By the way I'm sure that solution would come by itself.
We just need BTC to grow and increase its market cap. Then from one point it would be less volatile and more stable so we could use it without warrying that tomorrow it would increase in price. This is just like attempting to change the price of a coin with $1bln MC and a high volume and $1k MC and small volume: in 2nd case even 100$ investment may multiply its price while in the 1st case even 1000$ would have no impact. The same thing gonna happen with BTC at one time.
293  Other / Archival / Re: Globalists controlled media, a nervous virus contaminating the west? on: May 17, 2019, 04:37:20 PM
what do the globalists want? destroy us, as nations and more importantly as individuals, they want like zuckerberg hawaii for themselves. no one else, they don't share, they take more and more and more and more until they die with pockets so full they need fleets of yachts.
Dude, take my advice: Your position is seriously lacking some arguments. Why do they want to destroy us? Are they a kind of angry villains from the other galaxy that want to destroy us just because we exist? Without clearing this point you would be looking like a mad man in every serious discussion.
294  Other / Politics & Society / Re: Blockchain vs Trump on: May 17, 2019, 03:50:15 PM
Emm...
This article seems to be an absolute garbage and it doesn't give a detailed answer on the question they put on the headline. Probably because they realize that they are posting shit.
I'm also looking forward to see a recipe of how to make a democrat establishment smarter. The situation with all those leftist gonna be really hot closer to 2020.

Also there is a description of the author of this bullshit:

Quote
Matthew Harris is a copywriter and editor across several different industries, though most lean towards the geeky, cheeky, or just downright freaky. When not writing, he spends his time furthering his status as a movie-junkie or just hanging out with his wife and dog-pack.
An extremely smart and reputable guy. Thanks OP for sharing his opinion. That's what I needed so desperately.
295  Bitcoin / Bitcoin Discussion / Re: Upcoming 60 minutes segment on the Pizza guy on: May 17, 2019, 03:41:10 PM
Yup, such discussions are absolutely retarded.
All those bitcoins were absolutely worthless at that time. He spent exactly the same amount of money as this pizza cost. So if the price was 10$ then he also spent $10.
From the same positions we can guess that BTC price would be much higher in 10 years and when today we sell $10 worth of BTC then in some time it could become your new house.
Also with the same success we can blame ourselves that in 2009 I bought a bus ticket instead of grabbing my billions worth or BTC.
296  Bitcoin / Bitcoin Discussion / Re: Would you buy a coffee using BTC during current times? on: May 17, 2019, 03:34:33 PM
First of all for now, 30 cents worth of BTC was enough for me to get confirmation approximately in 10 minutes. Also, such things as LN are designed to simplify such "coffee transactions". And this solution becomes pretty popular.
The other question is that why should you pay those $2-3 in BTC while there is a chance that tomorrow it could become a $4 worth of BTC? At this point it seems much easier to pay in cash.
297  Bitcoin / Bitcoin Discussion / Re: Hacked Cryptocurrency Exchange Cryptopia Goes Into Liquidation on: May 17, 2019, 03:21:37 PM
1 by 1 they will all go down till people open their eyes and start seeking for security. What do you think? And are DEXes going to be more usable exchanges instead of CEXes in the near future?
DEX is not a solution of that problem. While the exchange is decentralized, user and his funds are still centralized. So in that case hackers would attack users. Similar things happened with etherdelta that is now RIP.
Also, in case with DEX there is no chance for user to get a refund while centralized exchanges are responsible for other people's money and have to pay a refund. Probably this is what Binance gona do after their recent hack. We need stronger and more reputable exchanges.
298  Economy / Economics / Re: Price of goods goes up, salary never goes up!!! on: May 16, 2019, 02:19:04 PM
I think they could barely afford a piece of beard!!
Emm, I've got my own one.
But why should someone buy someone else's facial hair?

Over the past 30 years, salary never goes up, I know because I saw the salary today is same as my first salary 30 years ago,
I guess you have to change your job. For example at least in my company we are getting a salary indexation once a year.
Anyway, in the whole world income is growing. The fact that you still remain at the same shit doesn't tell us anything.

Also if you are worried about the inflation then theere is a plenty of ways to save your money from it. At least in countries with inflation over 3% you can find bank deposits with an outcome over the inflation. And that's only the easiest way.
299  Bitcoin / Bitcoin Discussion / Re: I need your advice - creating an article on: May 16, 2019, 01:57:41 PM
Under trading people have to understand short time speculative trades that usually performed within a day in order to get some benefit from price fluctuations. Crypto investing is a different thing.
So if you are really going to do such things using technical analysis then imho you shouldn't trade cryptocurrencies. You can easily trade fiat on forex markets that are easier to predict and compensate increased BTC volatility with some higher possible leverage. That's the main advice.
300  Economy / Speculation / Re: Explain the cause of Bitcoin 'not coming down' on: May 16, 2019, 01:20:42 PM

In my opinion then with US trade - China is tense. Chinese investors are trying to drain their money to other assets like USD and Bitcoin, they think the yuan will continue to devalue.
I am very curious to see some facts that would back your opinion. Because Chinese currency is already artificially devaluated. That was made in order to push their export. Actually, partly their cheap currency is one of the reasons why there is so many things manyfactured in china and this is why Aliexpress is so popular around the world.
I guess that market conditions may not devaluate their money whey they are already devaluated. But even if it happens it may still help chinese export.
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