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3361  Other / Off-topic / Re: What's wrong with me - always tired on: November 04, 2015, 08:10:43 PM
Iron carency? Hemroids?
Go to visit a doctor as soon as possible.

Or too much masturbation. Damnit , young guys always forget about that Cheesy

They have to keep it at a less frequent rate or they become zombies.

must be it. I use to feel that way too. jacking is a downer  Grin

Yes, its not just you lose tons of minerals by doing it, it also releases hormones that make you soft and with less energy.

If done for a prolonged time it can alter the structure of your body and make you like a zombie.
3362  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Ethereum about to pull a Cloak? on: November 04, 2015, 08:08:37 PM

So what about all the fancy contract creation stuff.

The only thing you can do with the wallet is to send and receive ETH.


But what about a software that could let you program in ETH the smart contracts and other stuff they promise. I want that first.
3363  Bitcoin / Bitcoin Discussion / Re: Litecoin v. Bitcoin on: November 04, 2015, 07:59:37 PM
I think LTC will serve as a backup for bitcoin, and it will stay here long term.

If something happens to BTC, LTC will take its place.


However I still think NXT has better future than LTC.
3364  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: November 04, 2015, 07:35:47 PM
One way would be of course to put up an NXT avatar and personal text, everybody.

I have already done this and hopefully it will attract more people into NXT!  Wink
3365  Bitcoin / Bitcoin Discussion / Re: Best current cold storage method on: November 04, 2015, 06:59:34 PM
Paper/brain wallet. No other methods. Because every device having the possibility to affect by the virus even that device doesn't ever connected to the internet. http://www.virusresearch.org/computer-virus-using-inaudible-sound-waves-to-transmit-data/

Disable sound card from BIOS.

Take out the network card.

Easy.
3366  Economy / Economics / Re: Economic Devastation on: November 04, 2015, 06:39:43 PM

Quote
Russia & Double Taxing Tax Havens

Russia has proposed to put Switzerland on a blacklist along with 118 other countries on the provisional list of tax havens. If Russian authorities approve of the list in November, Russian companies in Switzerland will suffer double taxation. This also threatens the Austrian economy.


Idk i kinda have mixed feelings about this. I dont like overtaxation, however in this case I have to admit Russia did a good job.

Why? It's because the elite are "socialists", they want to redistribute your wealth, but not their own, they will just hide their money and not pay a single % tax.

And in the US, Yellen says negative rates are an option if things worsen. Globally, Joe Public is going to pay for everything one way or the other.

Hmm this is your "666" th  post on the forum, it symbolizes the situation very well Cheesy

This is devil economics, and negative rates are not an option, they are an inevitability.
3367  Other / Archival / Re: Bitcoin Declared Illegal In Taiwan on: November 04, 2015, 06:29:26 PM
Just remember, nothing is ever made illegal.

1. Only certain people declare a thing to be illegal. Usually they do it for their own advantage in some way.

2. When something is made illegal, what is really happening is that people are being limited. If you like limitations, simply limit yourself. Don't take my freedom away by limiting me.

Smiley

This is human evolution:



It makes you wonder...
3368  Economy / Economics / Re: Economic Devastation on: November 04, 2015, 06:24:36 PM

Quote
Russia & Double Taxing Tax Havens

Russia has proposed to put Switzerland on a blacklist along with 118 other countries on the provisional list of tax havens. If Russian authorities approve of the list in November, Russian companies in Switzerland will suffer double taxation. This also threatens the Austrian economy.


Idk i kinda have mixed feelings about this. I dont like overtaxation, however in this case I have to admit Russia did a good job.

Why? It's because the elite are "socialists", they want to redistribute your wealth, but not their own, they will just hide their money and not pay a single % tax.
3369  Economy / Gambling / Re: SatoshiDICE.com - The World's Most Popular Bitcoin Game on: November 04, 2015, 06:21:52 PM
Damnit satoshidice is getting better and better by the day!

I love your new slotmachine, too bad I cannot use it on the laptop because i dont have flash, but on my PC it works great.

Well I dont like flash based stuff, but definitely it gives a better enviroment for gambling, and the experience is much richer.
I think more people should check out the slotmachine feature, it is very exciting!
3370  Bitcoin / Bitcoin Discussion / Re: ● Why Bitcoin is Not Mainstream yet & my Suggestions! ● on: November 04, 2015, 06:06:39 PM
Bitcoins , though being an awesome currency are still not considered to have a place on the mainstream line. Here are some of the reasons for it.
(1) It is still not used widely , many people are still not using it as being used less in their territory or country.
(2) Bitcoins still don't have any official management community, this creates problems for the people as scams and frauds are getting increasing and there's no official community to look after it.

That's true, there are still many countries who are still not aware about the bitcoins and the people who are highly educated but still not aware about the bitcoins and if they have heard the word bitcoins but haven't used it, and that is the reason bitcoin is lacking behind so once it is widely used and accepted it would go and hit the mainstream.

There are more people on Facebook than residents in China.

Isnt this a holy grail in advertising?

With a 1-2 million $ advertising budget we could advertise BTC to hundreds of millions of people.
3371  Bitcoin / Bitcoin Discussion / Re: Mining difficulty increase is the real problem on: November 04, 2015, 06:02:35 PM

Few billions? You expect every computer in the world to mine BTC?

Current hash rate: ~ 500,000,000 Gh/s, average CPU hash-power: ~0.05 Gh/s (optimistic). You'd need ~10 billion CPUs to match the current hash rate.


Sure but the average PC would not steal more from the miners, if the miners want to mine more they would use ASIC.

So the Average PC + ASIC would be added cumulatively, and the hashing power would be even higher.



Small difficulty doesnt mean that the asics would not be useful, it means that they would make less, and small guys could mine too with a laptop.

It would be a true decentralized system, and the mining capacity will be much more in aggregate.

Why would you run expensive ASIC if you could earn the same by mining with your old laptop?


Greed? Why would you buy 2 ASIC if you can buy 1?

Dont u understand, if the difficulty is near to 0, the miners would still buy ASICS to get a bigger slice of the mining income.

However it would also let average PC people mine it, thus the mining capacity would be higher than now, and more evenly distributed.
3372  Economy / Economics / Re: America's new debt ceiling - $19,600,000,000,000 on: November 04, 2015, 05:59:15 PM
Not to worry!

The US Gov is hodling the bitcoin confiscated from Dread Pirate Roberts so a few more months of price appreciation and the debt should be easy to payoff, debt snowball style!

They already auctioned that, but who knows maybe they will introduce tax payments with bitcoin.

Then they will HODL that, and as the US debt grows, so does the bitcoin price, they will use that as a hedging mechanism to cancel the debt Cheesy

You think they didn't auction some of it to themselves or keep some of it?

Individual people? Maybe.

Collectively keeping? Not really.


I mean even a bureocrat, when he is not in office can do whatever he wants with this money.
3373  Economy / Economics / Re: Economic Totalitarianism on: November 04, 2015, 05:57:06 PM
Damn my prediction came true, very sharp:

Ok here are my predictions:

60% probability: Bitcoin will reach 400$ before 2016
85% probability: Bitcoin will reach 500$ before next halving
90% probability: Bitcoin will reach 700$ before 2017
20% probability: Bitcoin will reach 5000$ before 2017

There are my predictions, this thread wont be edited, so let's see if my predictions come true Cheesy

Now lets see if we can hit 500$.


I wonder how the elite think about bitcoin's rise in price?
3374  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: November 04, 2015, 05:55:02 PM
Now is the chance to promote NXT.

Bitcoin is going to the moon, this is a great chance to load NXT on the rocket too. Keep promoting NXT, while BTC is on spotlight to get NXT the fame too.

We could reach the 2nd position if we play the cards out well Smiley
3375  Other / Off-topic / Re: How long have you been logged in for? on: November 04, 2015, 05:42:32 AM
More than 2 weeks now Cheesy

Total time logged in: 18 days, 20 hours and 18 minutes.
3376  Bitcoin / Bitcoin Discussion / Re: Proposal to add Bitcoin symbol to Unicode on: November 04, 2015, 05:26:56 AM
Well done. It's about time Bitcoin got some font recognition.

Also saw someone on Twitter complain how they do not approve of the symbol. They seem to miss that the symbol already is. Adding it to Unicode is just an acceptance that this is an actual symbol being used in the world.

Cool retweeted.


So I will be really happy when this new symbol will appear.

Ken Shirriff, thank you! Smiley

I dont know the bars look like jail bars, I prefer a design where the bars don't go through the 'B' but only shows outside of it.

I prefer the ' BTC ' logo as the one to be. Its pretty solid.
3377  Bitcoin / Bitcoin Discussion / Re: Is there a way to earn at least $1 in BTC per hour? on: November 04, 2015, 04:47:30 AM
Of course I don't mean BTC Casinos or similar things. I know you can earn but can lose there as well.

1 BTC / HOUR?

No way, unless you have a big casino, or an exchange.

Not even if you are an investor you dont earn constantly that much.
the title says $1 in bitcoin per hour.

maybe if you invest some into mining and keep that snowball rolling by reinvesting you could earn a lot more than $1. But difficulty is quite unpredictable. If you play it smart then it is possible.(you need to think about sustainability not profits). You need the initial investment as well which could be too much for some people.

Sorry I misread it.

But still even 1$/hour is very hard.

Not because it's impossible, but because bitcoin is not a liquid money earning mechanism.

If you have 100,000$, you can earn a 3% roi monthly, so thats 3000$ (plausible scenario)

This means that he must earn 4.16$/hour.


So to scale it back, with 5,000$ by earning 15% ROI monthly, 750$ monthly   = 1$ / hour.



3378  Other / Beginners & Help / Re: [CATALOG] Good websites to Invest My Bitcoins? on: November 04, 2015, 04:35:00 AM

You know some people are using VPN's and Proxy's to get through to satoshidice.  But blocking US I would agree gives them better chance of not being taken down.

How are the laws in Europe and China on gambling sites online?  Just curious if anyone lives there and knows if legal/illegal.

What country are you in realbitcoin is I can ask?  I do admit I am more familiar with us, many other countries I don't know as well I am not a lawyer.

If they are using proxy then to my knowledge (I`m not a lawyer) they are not liable, because that guy broke their TOS.

In europe its much lighter regulation, and where I live its practically nonexistent, well except the KYC policies, but nothing like fixed payout % and bullshit like that.

And I really find stupid these  extra regulations, because for once they are just a burden, and for second, they create a vehicle for corruption and selective enforcement.

Who is regulating the regulator of the regulator? You get the point. Less regulation = less corruption.
3379  Other / Beginners & Help / Re: [CATALOG] Good websites to Invest My Bitcoins? on: November 04, 2015, 04:25:16 AM

This article shows why I personally would not be investing in a casino - http://www.coindesk.com/bitcoin-poker-site-operator-to-pay-25000-fine/

Just dodging regulation to run the site if done wrong you get in big trouble.  It's not a small deal operating a casino if you are operating in a place with laws.  Most try to go to places to dodge these laws on hosting.

Satoshidice doesnt allow US based gamblers, and to my knowledge there arent any strict gambling laws  elsewhere, especially not where I live.

But that article you put out just proves the opposite. That guy got fined because the big oligarch casinos dont like competition and they used regulation to kick them out.

So with your example you just proved how corrupt regulation is and how evil political tool can it be ( ban of BTC in Taiwan rings a bell?)


You have to understand this

regulation =/= bigger transparency

regulation = controlled by corrupt entities
3380  Bitcoin / Bitcoin Discussion / Re: Mining difficulty increase is the real problem on: November 04, 2015, 03:48:22 AM

/facepalm

More miner means it's harder to attack the network, more security is better.

As long as a single miner doesn't have a large share of the network it's a good thing the difficulty is high, and the higher the difficulty is the harder it becomes for a single miner to own it.

So you think the few billion computers around the world cannot generate enough mining power than a few thousand ASICS?

Small difficulty doesnt mean that the asics would not be useful, it means that they would make less, and small guys could mine too with a laptop.


It would be a true decentralized system, and the mining capacity will be much more in aggregate.
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