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321  Other / Politics & Society / Re: Is Hillary Clinton Trustworthy? on: July 07, 2015, 09:38:54 AM
People will vote for her just because she's a woman just like they did with Obama because he's black. Hillary will likely be much more war hungry than Bush or Barrack too so I agree don't let her gender fool anyone. Sadly I think she'll likely win but it doesn't matter who gets in nothing will change.

Unfortunately, that is 100% true. I have seen at least one user here in the Politics & Society section of Bitcointalk claiming that she will vote for the Pinocchibitch, just because that thing happens to be female. She has already got the LGBT votes in her pocket, as she is bisexual. The Jews will also vote for her, as she has promised that she'll attack Iran. And another group which is going to supprt her is:

http://www.huffingtonpost.com/2015/05/07/hookers-for-hillary_n_7229398.html

The question should be who would be the best canidate to vote for in the Democratic party if you are not in favour of Hillary, although she definitely has some guaranteed votes.
In a sense the real goal should be aimed at putting votes in for a viable contender to keep her out of the office at all cost.
As a sidenote I do wonder if Donald trump decided to become a republican just to mess with them since the Republicans keep mentioning he was originally a democrat.
It would be fun or sad to see a Democrat version of Trump on the stage debating politics with Hillary alas it is not meant to be that said Hookers 4 Hillary is a nice consolation I'm sure Bill would enjoy that.

http://www.realclearpolitics.com/video/2015/07/05/brit_hume_if_donald_trump_was_a_democratic_mole_would_his_behavior_be_any_different.html
322  Bitcoin / Mining speculation / Re: June 28th to July 12th Difficulty thread. Picks are closed!! on: July 07, 2015, 09:26:18 AM
I'm certainly hoping it's not a bunch of miners firing back up old gear just to mine and dump.  I'm also hoping that it's not a new 20PH farm that's come online either... in any case, though, certainly looks like we're in for a positive adjustment.  Hopefully this is just some variance spiking and it'll come back down Smiley

Well the price is still increasing so gear is starting to be put online once it becomes profitable again
Right now its at 4-4.25%
In Mr.Burns voice (Excellent)
Bitcoin Difficulty: 49,402,014,931
Estimated Next Difficulty: 51,468,038,950 (+4.18%) 
Adjust time: After 662 Blocks, About 4.4 days 
Hashrate(?): 375,257,881 GH/s
323  Economy / Economics / Re: Record High Margin Debt With Most Traders Betting Against This Market on: July 07, 2015, 09:18:00 AM
No one can precisely predict the time of bubble burst. There are still many ppl who are buying up and ignoring the looming risk. They are attracted by the profit.

When you see a buildup like this the odds are in your favour that if you switch to a cash position hold out a few months and wait your likely to be on the winning end of the market since bubble collapses can impact valuations significantly.
If your a risk taker playing the squeeze against the Fed and measuring sentiment can be a double scoop.
That said it never hurts to wait when their is potential for a down burst as you get more shares from the weakened leverage position holders, with Greece in the Eurozone, high leverage markets in China and pushing new highs in the American exchanges the patterns seem to be indicators of some shakeup how much we will need to wait and see to determine.
324  Economy / Economics / Re: Bad days ahead for the European single currency on: July 07, 2015, 09:13:29 AM
Correct me if i'm wrong, but shouldn't it do exactly the opposite?
Given the fact that EU is now "loosing" Greece, which is nothing but a dead weight; shouldn't the EUR get stronger, since the overall economy of EU will be stronger w/o them. Seams logical,right?

cheers

Technically losing Greece doesn't look so bad on paper as it gets rid of dead weight, allows tGreece a chance to declare bankruptcy and clean house. Then under a reset they would have good financials and the possiblilty to rejoin the Union at a future date, but the main concern is that Greece is one part of the dead weight with other struggling components in the union that they will need to deal with at a later date so how it impacts the economy will be a good question.
Also leaving the EU might be bad for their passport and border control but that's not certain atm.
325  Economy / Economics / Re: Greece debt crisis: Bitcoin benefits from market turmoil on: July 07, 2015, 09:09:29 AM
I doubt its actual Greeks buying bitcoin but non Greeks getting excited and panic buying think Greece will adopt it on some level and bitcoin will go to the moon.

There has been an increase in the Bitcoin trading volumes, which are being reported from Greece. According to the local crypto-exchanges, for the past two weeks or so, they have seen a 300% rise in the trade volumes. That said, the overall volumes remain quite low in Greece, when compared to other nations such as Russia and the United Kingdom.

Good point, and fear and uncertainty do lead people towards investing in safe haven assets.
Surpisingly not as much in gold as I would have speculated but Bitcoin may be taking a small portion of that market, out of curiousity if not Greeks it does make me wonder what the pattern is in other Eurozone countries like Spain and Italy where the austerity is still hurting a fair bit.
On the bright side a larger awareness of Bitcoin is always a good thing.
326  Economy / Economics / Re: Can the US win the currency war? on: July 07, 2015, 09:04:32 AM
No.

Mandarin is the most widely spoken language. Then Spanish. English is 3rd or 4th with Hindi - depending on what stats you read (that's including the butchered american version)  Wink

http://www.infoplease.com/ipa/A0775272.html

https://en.wikipedia.org/wiki/List_of_languages_by_number_of_native_speakers

In business terms English did gain its dominance before the internet but it did help to enforce that standard.
That said in the future if China increases its sphere of business influence enough we might see some bilingualism in the business languages.
Basically whereever the most money piles up.
327  Bitcoin / Bitcoin Discussion / Re: Just what is a FAIR fee to send a Bitcoin transaction? on: July 07, 2015, 09:01:47 AM
I voted for a nickel, which in Bitcoin terms is adjusted to the closest approximate value.
Dynamic fees and a standard fee of course are different if Min txt is a nickel people can always pay more to priortize their transactions.
328  Economy / Economics / Re: Is bitcoin dead? on: July 07, 2015, 08:59:24 AM
guys...today price BTC=273$...yupi!! BTC come back to life...step by step Smiley

But it'll probably fall back down once the excitement has calmed down then people will be back proclaiming it to be dead again.

not at the previous point, a price correction is established already, at best we can fall at 250, which is still a good price compared to the last one before the whole greece thing happened

Its always nice at the end of the day to see an appreciation in the price of Bitcoin adoption and the rest aside.
As for the price it does look stable and rising now its just a matter of how long the trend lasts to determine roughly what the moving average and new stable range will become.
329  Economy / Economics / Re: Bitcoin vs Litecoin : I sold LTC for BTC . May I wrong ? on: July 07, 2015, 08:55:46 AM
For a very long period of time the trading range of litecoin was around 2.00-3.00 bucks
After seeing it rally up to its current range I can understand why you wanted to sell your position, I guess the answer is to see how long it keeps up this strength.
330  Economy / Economics / Re: Grexit on: July 07, 2015, 08:52:21 AM
The result of the referendum is a "No". It is the Grexit time. Greeks need to restructure their policies ,now that they're out of Euro Zone. Many subsidies and benefits have been taken away from it. There is no time to back down now, the economy needs a boost.

Let's just say that this is not certain yet and many things have to be considered in order for such an exit to happen. Even in Germany the rhetoric has been changed. FWIW: I don't see this as a bad thing though; for Greece that is... Wink

No this outcome is going to be beneficial long term to Greece as it provides them with the leverage they need to negotiate to stay or leave the EU and forced people to take a second look at it.
The question is if Italy Spain and other countries will soon join them
331  Economy / Gambling discussion / Re: COPA AMERICA discussion on: July 05, 2015, 08:14:24 AM
Copa America ended with twist and most of the people were with Argentina but both teams played very well so much attacks were made on both teams pools, Chile deserve that win and they took benefit of penalty kicks but i am little sad to lost of my bet because that is unexpected result i wish for Chile they win but not in that way Shocked

It was a suprising end to the competition
Chile will be having a party now that they won now just the womens world cup to look forward to tommorrow and how the ladies play.
332  Economy / Economics / Re: Greek banks prepare plan to raid deposits - 30% cut! on: July 05, 2015, 08:00:32 AM
Only time will tell rumors are likely to become reality just recalling the same problem occured in Cyprus there is precedent for this type of event to occur, also it partially depends how much deposit insurance they set for citizens which is difficult to predict.
http://www.bbc.com/news/world-europe-33354036
Having Greek Bank shares is likely what will happen to most people in Greece to have liquid banks.
333  Bitcoin / Bitcoin Discussion / Re: Blockchain split of 4 July 2015 on: July 05, 2015, 07:05:27 AM
Can someone advice me if this split would affect the price of bitcoin anyhow? If yes how?

The "split" like you call it, was resolved by the network 6 blocks after it happened - which shows how resilient (or anti-fragile) the Bitcoin network has become.  Regarding the price of bitcoin, please go to the speculation section of the forum.


That's good to hear I read July 4 Fork and was a bit concerned that something happened there
I'm glad to hear its been sorted out.
334  Economy / Economics / Re: Paypal Banned Greece! on: July 05, 2015, 07:02:44 AM
It's unfortunate that the issue is bank related but it does illustrate the weakness of being dependant on a financial institution to manage funds, that said their are benefits in the transferability of Bitcoin and the movement of capital with these type of concerns the finance of the future will be interesting whether its punishing austerity or strengthening the economy a better system to protect a persons assets is something that is becoming a serious issue in Greece.
335  Economy / Economics / Re: Grexit on: July 05, 2015, 06:37:43 AM
When do the polls close and when will we know?

Polls will close at 19:00 Athens timezone http://www.timeanddate.com/worldclock/greece/athens and I believe we will know 1-2 hours afterwards

It will be an interesting day.
I'm fairly confident it will be a vote against the Euro their will be an exit poll so it will give some sentiment during the day but seeing as it will be close either way we really may not know until a few hours after.
336  Economy / Gambling / Re: ➫ ➬ ➫ ➬ LUCKYB.IT ★ +1.5M bets ★ +72k BTC wagered on: July 05, 2015, 06:32:43 AM
Congratulations Jadraaa, believe in miracle  Wink

Im wondering how much he must to spend before he got the 999x

Anyway I'm feel shocked and congrats to him...Enjoy the BTC$BTC$BTC$

Well it was a good day to get it being the Fourth of July and all
Congrats to Jadra
337  Economy / Economics / Re: Bank holiday in Greece on: July 02, 2015, 03:33:37 AM
In Africa countries sometimes people have the same. In Greece - what will be with rich people bank accounts, if currently they can take only 60 EUR per day ?  Grin

Converted to Drachma, and devalued. Could lose 50 to 99%+ of their value.

In other words we might get a second Zeroday
For those who remember the Cyprus thread.
338  Bitcoin / Mining speculation / Re: June 28th to July 12th Difficulty thread. Picks are open!! on: July 01, 2015, 08:16:41 AM
+4.01 to +4.25
May be an interesting few weeks with Greece in the news and other economic issues.
339  Economy / Gambling / Re: BetMoose.com - Betting Exchange | Prediction Market | Real World Events | P2P on: July 01, 2015, 08:14:08 AM
This site seems like a great place for people like me who like to bet on literally everything.  Betting on sports is fun, but really, how many people can say that they are addicted to gambling enough to have bet on the date of the first hurricane warning?

That is what makes it amusing though if you can find a bet people want to join in on, it doesn't really matter what it is so you have the freedom to make weird ones like that ha-ha.
340  Economy / Economics / Puerto Rico Bankruptcy on: July 01, 2015, 07:58:32 AM
Since there are a lot of topics on Greek Bankruptcy, it does seem fair to at least have one for Puerto Rico as it is passing under the radar, even the USA has been mentioning how Greece won't really impact them but have failed to mention Puerto Rico.

Puerto Rico’s Governor Says Island’s Debts Are ‘Not Payable’
http://www.usnews.com/news/business/articles/2015/06/30/puerto-rico-wants-bondholders-to-postpone-debt-payments
http://www.nytimes.com/2015/06/29/business/dealbook/puerto-ricos-governor-says-islands-debts-are-not-payable.html

Puerto Rico’s governor, saying he needs to pull the island out of a “death spiral,” has concluded that the commonwealth cannot pay its roughly $72 billion in debts, an admission that will probably have wide-reaching financial repercussions.

The governor, Alejandro García Padilla, and senior members of his staff said in an interview last week that they would probably seek significant concessions from as many as all of the island’s creditors, which could include deferring some debt payments for as long as five years or extending the timetable for repayment.

“The debt is not payable,” Mr. García Padilla said. “There is no other option. I would love to have an easier option. This is not politics, this is math.”

A broad restructuring by Puerto Rico sets the stage for an unprecedented test of the United States municipal bond market, which cities and states rely on to pay for their most basic needs, like road construction and public hospitals.

---
If Puerto Rico were considered a developing country, it would be the eighth most heavily indebted country in the world.
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