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3321  Other / Politics & Society / Re: Advice on most profitable crop to plant? Can only use one acre. on: May 25, 2017, 11:22:14 AM
Not sure what to go with here.

Here are the choices.

Zuchini / $500 profit per year.

Potatoes / $460 profit per year.

Opium / $500,000,000 profit per year.

Nectarines / $720 profit per year.

Peppers / $430 profit per year.

There is an acre of ag land that just opened up, good soil

http://www.nydailynews.com/news/national/n-deputies-seize-opium-poppy-plants-worth-500-million-article-1.3193438

If you are talking about what kind of crops you are going to plant there are many things to consider. First you must check where are you planting, what is the elevation, the temperature, what kind of soil do you have. After checking those things you must check the soil and climate suitability of the plants that you mentioned. If the plants that you mentioned are compatible with your location then you can plant. But before planting make sure to check also the market, if it is in demand then you should plant it.
3322  Bitcoin / Bitcoin Discussion / Re: One of many reasons why I love bitcoin on: May 25, 2017, 11:17:47 AM
The one reason why many love bitcoin is most popular currency. When you have an transaction its easy and fast. It is also a source of income to the people who needs an extra income, its useful. And the bitcoin is very safe and easiest to save. Bitcoin is a good investment because you surely sure that your money is have a good profit. One thing is anytime if you want to earn you can earn immediately.
Yup. The transactions in online market, business and some establishments are easy and fast because bitcoin today is very popular and reliable to many people. There are some bitcoim wallets that have some freebies and other different surprises. All you have to do is to put your income there and you will wait for the price to pump and to earn a lot of money. Many people loves bitcoin becausenit is very helpful.

Just as you mentioned, the pump and the price increase is one of the best features that the thousands of bitcoin of users loved about bitcoins. If you compared the price last year and today you will notice that the price has just multiplied ten times. I was very surprised and today I am only selling a few of my coins and hold the large part of my income.
3323  Other / Archival / Re: The lord has spoken in regards to bitcoin scaling... on: May 25, 2017, 11:09:45 AM
There is a battle going on between profit and The Prophet. Jonald Fyookball speaks on behalf of the creator:
https://keepingstock.net/an-open-letter-to-bitcoin-miners-c260467e1f0

Satoshi Nakamoto was acting as an agent of god when he designed an impenetrable medium for transferring willpower. The bitcoin blockchain has been tested and hardened over the years thanks to the labors and efforts of many contributors.

If we compare bitcoin to a tree, then off-chain scaling would be an invasive species. Segwit is an attack, a foreign parasite looking to penetrate the blockchain and to siphon off power. Segwit is an exploit. Segwit is the birth of fiat, the beginning of a profitable enterprise. She only wants to sink her fangs into bitcoin for her own benefit, so that she can eventually grow larger and play god.

Satoshis publishings may not have been flawless in their minutiae, but the overall concepts that he relayed were perfect. Sometimes it's hard to see the bigger picture when you're living inside of the image. Off-chain scaling begins to blur the lines, it is a step back towards debt and loans and IOUs and manipulation and excuses.

There has, however, been an advantage to filling the blocks to capacity; it discourages excessive spamming of the network and unnecessary transactions. Small transaction fees can help keep the network healthy and prevent abuse, especially during bitcoins early years. And when it comes to very small transactions, confirmations are not as important, unconfirmed transactions are nearly instantaneous.

Miners are to the blockchain as opec was to the federal reserve. Oil cartels made trillions of dollars and ruled over their people with an iron fist. But no matter how hard they tried, they could never buy the banks. As long as bitcoin miners only want and love bitcoin, they will empower the blockchain. Let them have their profit. We have The Prophet. We have god. Let us not stray from satoshis vision.

“For I am the lord,” says god, “And I have spoken.”

You are the prophet of bitcoin and you are speaking in behalf of the god of bitcoin. I am not convince by that but anyway if we do not make a consensus and just let the current problems in bitcoin such as slow transactions  exist in the network sooner or later it will destroy bitcoin. What we need are solutions to the current problems and the scaled segwit will help bitcoin to grow and be accepted by big companies worldwide.
3324  Economy / Economics / Re: How to teach kids about Bitcoin? on: May 25, 2017, 11:05:43 AM

Just tell them that they can buy lots of candies when they started earning bitcoin.
And i think this is the simpliest but effective idea to teach kids about bitcoin.
I think it would be difficult for a small child to know how to get bitcoin. Even I doubt they will understand when you explain the definition or what is bitcoin?



If you teach bitcoin to a toddler then that would be useless since their concern is just to play and they dont understand complicated things. But when you speak about elementary students at ages 10 to 12 or above they can absorbed it. Anyway you do not need the complications and technical things about bitcoin but rather simple things such as how to make a wallet and to make a transaction.
3325  Other / Beginners & Help / Re: How to decide which payment method to use when buying bitcoin? on: May 25, 2017, 10:51:16 AM
I'm about to invest in some bitcoins, but I'm curious what type of payment method is best to use. I already know that it is possible to buy bitcoins with a various number of deposit methods.

Could you give me the advantages and disadvantages of buying BTC using:

  • a bank transfer (SWIFT/SEPA/WIRE)
  • a credit card (debit card - visa or mastercard)
  • cash
  • a PayPal account
  • any other payment methods that people like to use?

I'd like to compare each to get an idea of when you may prefer to use one payment method over another and why. Thank you Smiley

For me the best and easiest way is to buy bitcoins is through a bank transfer.  When you use a bank transfer it is easy to trace your transaction since you get hold of your receipt.  If you use a credit card there are only a few exchanges which accepts a credit card and thus I do not recommend it. Paypal on the other hand has a huge fees when you convert paypal funds to bitcoins. But anyway the conditions in my country maybe different from yours and thus I think it is necessary to consult people who are the same area as you.
3326  Economy / Economics / Re: Possible big Crash coming within 10 days on: May 25, 2017, 10:42:21 AM
I think and I am predicting that a BIG CRASH is coming within the next 10 days. 

Why?
Because there is no investment or asset that can increases itw own prices the way Bitcoin is doing, less than a month ago the price was at 1,300 usd and now is at 2,500 usd this is crazy and it is not possible.

Actually this has happened back in 2013 when the price falt like a rocket been knocked down to the ground.

Actually if you ask any profesional investor in the world what do they think, the will really tell you that it is too beautiful to be truth, and that you should stay away frrom anything that shines like gold, without been gold, because it is 100% that is a ponzi scheme.

So becareful and sell as soon as possible, before the boat sinks.

I hope also will not happen because I also like it, and I am amaze with what have happened, but lets be realistic, is impossible this utopic situation.


The possible case scenario will occur if all bitcoin holders will have the same idea like you do. What causes a rapid meltdown in bitcoins value is the panic selling of people who have less trust on bitcoin at all. Anyway if you do dump your coins many are going to catch your dump and thus a bubble at this point of time is impossible.
3327  Other / Politics & Society / Re: Terrorist siege in the Philippines. on: May 25, 2017, 09:00:40 AM
While someone was trying to explode himself on a building full of teens in Manchester, a terrorist group claiming to be an ISIS affiliate attacked a city in southern Philippines. The Philippine president has already declared martial law on the whole Mindanao (second largest island where Marawi city is located) while in Russia.

http://cnnphilippines.com/news/2017/05/23/marawi-city-clash.html

Those groups are not related to the ISIS group but there are many speculations as to what are their motives as to why they raided Marawi city, Here are some speculations roaming around the country;

1. The group wanted to be a part of the international terrorist group which is the ISIS, they are seeking attention so that when they become a member they can have a funding for their terrorist acts,

2. There was a political party behind the local terrorist group who funded them so they can use it to destroy the reputation of the president.

But for me the number one was more closer to the truth. Let us pray for the safety of the people in Marawi.
3328  Bitcoin / Bitcoin Discussion / Re: Saving bitcoins on: May 25, 2017, 08:45:57 AM
No known banks are acceptinf bitcoins as a deposit option for their services so there is no way that you can save bitcoins on bank now a days,all you need to do is to store bitcoins at your offline wallets and other wallet and serves as a bank for you

At this point of time banks have not yet reached the point that they will accept bitcoins but later in time they will also be forced to accept bitcoins into their system or otherwise they will be left behind. Bitcoin has already spreading its roots to all kind of businesses around the globe and even huge investors are now coming in. Five years from now our wallet will be no more place in our pocket or bag but on online storage.
3329  Economy / Economics / Re: Bitcoin's dominance in transaction volume [hard facts] on: May 25, 2017, 08:42:55 AM
Some altcoin supporters have argued in the past months that "people pay now in altcoins because of the high Bitcoin transaction fee".

I've researched a little bit - no academic quality, but enough for a meaningful forum post - and concluded that that is not the case. With respect to transaction volume, Bitcoin is still dominant - with the only exception of Ethereum, but I doubt that it really capted "payment" volume (as most of the transactions may be simply smart contracts executing).

I took blockchain explorers from the top 10 cryptocurrencies and counted the transactions in a reasonable time interval before 9 PM UTC. The time interval selected depended on the block interval. In the case of Bitcoin, I took one hour, with Dash, 30 minutes, with LTC, Monero and Bytecoin, 20 minutes, with ETC, NEM and Stellar, 10 minutes, and in the case of Ripple, as I didn't find a blockchain explorer I used the 24 hour volume from https://xrpcharts.ripple.com.

So I got the following list:

Code:
Currency       TX/hour TX/interval  Time interval   Blocks examined

Bitcoin          16725       16725          60min    467954-467962
Ethereum          7014        1169          10min    3761655-3761694
Ripple            1062       25503          24h      -
NEM                168          28          10min    1124011-1124019
LTC                732         244          20min    1210141-1210150
ETC               1512         252          10min    3785905-3785948
Dash               370         185          30min    675284-675294
Monero             312         104          20min    1317400-1317411
Stellar             54           9          10min    -
Bytecoin            54          18          20min    1272947-1272956

Take your own conclusions.

I perhaps will repeat this little experiment at some moment in the future.

The difference between bitcoin and altcoin or alternative coins is very big. Bitcoins have already established itself and it has even a local exchangers all over the world on which the altcoins doesnt have.Thus this give bitcoins a huge advantage over altcoins and we call that accessibility and market. And with the market pumping the price of bitcoin the holders of altcoins are selling their coins to get hold of bitcoins.
3330  Other / Politics & Society / Re: How will china reacts to the demographic explosion worldwide? on: May 25, 2017, 08:39:42 AM
100 of millions of chinese women have sacrificed their children to the one kid policy. Meanwhile others are breeding exponentially.

At one point those foreigners demographic pressure will be felt in china.

This is when the darkside of the tao should reveal itself to the world to see.

When you, foreigners, will plead for mercy, remember the first line of this post. Or show me solutions, you are going to flood europe, then what? Russia?




We are all talking about the difference between high and low demographic rate in different countries. Having a huge demography has its ups and down but even with a high population if not all are productive and not disciplined the state will crumble. The country with a low population will also have its advantages since if the majority of the population are older people. Sometimes birth control will kill a country.
3331  Bitcoin / Bitcoin Discussion / Re: Bitcoin is getting destroyed on: May 25, 2017, 08:35:54 AM
Well this is interesting 30$ transaction fees? I don't follow, if I buy from coinbase, it doesn't cost 30+ what I"m purchasing, why? Also does ether take care of these problems?

All bitcoin holders are hopeful of the upcoming UASF meeting that will decide the consensus towards increasing the blocksize as well as what will be the standard code for miners to use. With this we are hopeful that the miners fee will decrease since the blocksize will be increased to 2mb. Everything will be clear after August and hoping that the consensus as well as the segwit activation will open the way for a lower fee and fast transactions.
3332  Bitcoin / Bitcoin Discussion / Re: In terms of acceptance of bitcoins... on: May 25, 2017, 08:28:07 AM
in our world today, lots of people have accepted bitcoin and has been using it.
But the majority, still won't accept the concept of bitcoin and its usefulness and still prefer fiat money.
As how closed those other people's minds are right now, how much time do you think it would take for everyone to accept the concept of bitcoins??
Or is it just a childish dream and will never happen??

I'd rather say it is a fantasy (or even a lunacy of sorts)

Basically, the point you raise has nothing to do with accepting or rejecting the concept of bitcoin (usefulness, or utility, is an entirely different aspect or point, just in case). Many people don't have a clue about the concept behind fiat money they are using daily but do they care or does it somehow limit their ability of using money? To drive a car you don't need to be a mechanic to know which parts the internal combustion engine consists of, you don't need to be an engineer either to understand how it works

Definitely that is a fact that majority of people today are having that kind of characteristics. People have become concerned about how to do it but no longer on what makes it work. With regards to bitcoin people are more concerned with how to get profit our of bitcoins and how to use bitcoins without being knowing what is bitcoin and why did the Satoshi made it. The concept behind bitcoin may not be very crucial to the majority but as long as bitcoin has its uses and a value people and the business sector will going to adopt it.
3333  Bitcoin / Bitcoin Discussion / Re: Buying Bitcoins now, At this price, It Isn't working on: May 25, 2017, 08:22:00 AM
You still have a golden chance to buy bits or any higher amount of bitcoins.
It will defenitely reach upto $3000 this year, much probability for bitcoin to give you some profits. It should be called a preparedness to meet opportunity if you decide and buy one now.

People are always thinking that since bitcoin is volatile the price will go down and they are waiting for that moment. But a year later their expectation failed them since bitcoin has already tripled in its value. After noticing such value they are on panic and they are buying bitcoins with the amount they are holding which last year can bought 2 btc but today that amount could not even reach one btc.  It is a lesson learned that if you want to buy bitcoin buy it now and dont wait for later.
3334  Bitcoin / Bitcoin Discussion / Re: Your biggest bitcoin regrets? on: May 25, 2017, 08:03:55 AM
My biggest regret is that i don't invest any amount of bitcoin when a year ago the rate of it was only around 200-300$. Wish I can turn back time. Whenever I earned bitcoin i convert it right away to peso and withdrew it.

I have that kind of regret back then but I have moved on from it since I dont have any money to buy bitcoins at that time. But if there is another regret is that I did not store my earned bitcoins but instead I used them to play in gambling sites and I lost it all. When I look at the value of bitcoin right now which is at 1200+ $ I can say that what a waste of bitcoin have I done.
3335  Bitcoin / Bitcoin Discussion / Re: The future of Bitcoin on: May 25, 2017, 07:26:22 AM
In my point of view, the future of Bitcoin will be stable. there are some issues which will verify my argument. Day by day it's getting bigger and popular to the people and gaining credibility as well as acceptability as a virtual currency.
Not only that but also creating high rate of value so I think, Bitcoin will be last longer.

The future of bitcoin is as bright as the sky. Bitcoins UASF will ba having a consensus meeting along with all the miners to discuss and agree with something on August. After that event we can expect great things for bitcoin and many companies will going to adopt bitcoins and the bitcoin industry will never be like before. Many are hoarding bitcoins now while others are continue buying and buying.
3336  Other / Politics & Society / Re: Government Buy Submarine Etc. - Taxpayers Will Pay Some Extra Billions In Taxes on: May 24, 2017, 06:32:10 AM
If country government want higher taxes or make some larger country debt, it can buy more weapons, for example some extra submarines. For example US Virginia submarine costs 2.68 billions USD. The same weight gold - 7900 tons costs around 0.3 billions USD only. See link here - https://en.wikipedia.org/wiki/Virginia-class_submarine. If Donald Trump will make some new submarines, it will cost some more billions USD from taxpayers.  Grin

That is the reality and we cannot deny that fact. Actually it was the same with the previous presidents especially in world war II. In world war II Americas expenses was in trillions and we can tell by those numbers that war and militarization is very costly. But just imagine if the US will be invaded since they lack the weaponry the losses will not only be money but millions of lives.
3337  Bitcoin / Bitcoin Discussion / Re: Perceptions about Bitcoin on: May 24, 2017, 06:28:03 AM
So a couple of days ago, in a bloggers group on facebook; a guy asked what is bitcoin? And I was quite amazed to see that many people start commenting and saying stay away for bitcoin, its black currency, under world currency, or dark web currency and stuff like that.
Obviously the people who were saying this didn't know about bitcoin and have probably heard the same from someone else, but this is the perception of many around us.
What can be done to change this? Make BTC more user friendly? More appealing to general public?

We dont need to convince them or to make their mind change. We will just continue to use bitcoin and when the time comes that all countries in the world will be accepting bitcoin they will regret not having bitcoin earlier while we enjoy the benefits and profit from bitcoin. In short we dont need to explain what is bitcoin to them but time will tell the story of what bitcoin is.
3338  Economy / Economics / Re: Bitcoin as a new World Central Bank on: May 24, 2017, 06:24:40 AM
While people invest in alts and tokens, many treats BTC as 'stable' investment. For example, many ICOs make ESCROW in 40% BTC and then other coins.

Do you think BTC unwittingly took the role of the central bank in relation to other coins (detail, consumer 'banks')?


Bitcoin has not played the role of a central bank but rather as the universal legal tender for all cryptocurrency all around the world. Just like the US dollars which is the center of foreign exchange bitcoin is the center for Cryptocurrency exchange. In short bitcoin is the US dollar in the digital form. This is the reason why bitcoin is very stable since the more altcoins that will appear the more the price of bitcoin will become.
3339  Other / Politics & Society / Re: Sir Roger Moore, James Bond actor, is no more on: May 24, 2017, 06:16:35 AM
Roger Moore is one of the best actor that I look at especially at his role as James Bond. It was not only me and my family who was carried away by his acting but the whole world. Its a sad story that he has passed away but his memories will stay in the world of hollywood and he will be remembered forever. May he rest in peace and condolence to his family.
3340  Economy / Economics / Re: Fidelity adopts bitcoin! on: May 24, 2017, 06:12:41 AM
https://news.bitcoin.com/fidelity-integrates-coinbase-mines-bitcoin-21-inc-computers-accepts-bitcoin-at-cafeteria/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

This is some seriously good news, Fidelity Investments is embracing bitcoin, mining bitcoin, and accepting bitcoin for payment at their office cafeteria.

Fidelity is one of the oldest and more conservative investment houses. Their interest in Bitcoin normalizes the idea on a significant scale, not just for other businesses but for the millions of people that have investments with Fidelity.

This is great news!

This is definitely a good news since Fidelity is a big company and they will become a pro bitcoin. But still we have to wait until the consensus will be made on August. After the consensus the Fidelity investments will hopefully announced their acceptance and adoption of bitcoin as part of their business. But let us wait what will happen since anything may happen anytime.
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