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341  Other / Politics & Society / Re: Climate change: Scientists test radical ways to fix Earth's climate on: May 12, 2019, 07:09:06 AM
It seems like bullshit. If you spray the ocean salt into the atmosphere then it would probably fall down. I can't prove it but I'm sure that it won't be good for people's health, soil and envioronment. Spread the ocean salt over the entire earth via atmosphere? Genious.
Ocean greening: Why ocean? Why not planting some extra seeds on my backyard? You are choosing the most expensive and retarded way of greening.
342  Bitcoin / Bitcoin Discussion / Re: How far are we from real decentralization? on: May 11, 2019, 08:20:00 PM
How far are we from a real decentralization in more aspects of our lives and technology?
The another point is that people are doing fine without centralization. Companies are using our data and providing a better service because we share it, governments are taking all the advantage of controling and tracking all our activities and transactions. And all those things work such a user-friendly way when you don't even notice that someone is using your private data. And that's because even most users don't really care about it.
343  Bitcoin / Bitcoin Discussion / Re: Finally $200 billion total Marketcap is achieved. on: May 11, 2019, 06:35:41 AM
Compared before at the same of bitcoin price, the trading volume is only 20% of lower compared to the current trading volume which is $60 billion already.
This is good as more investors are putting their money at this bullish market, so we could go higher from here.
And that might be even the main thing. Just because Market Cap is a pure fiction. It is just calculated by the price of latest trade price, so if now someone is bought BTC 100$ over the latest price than market cap is increasing for 100$ per every existing coin. So in this case trade volume is showing the real interest from the side of traders instead of baseless MC.
344  Other / Politics & Society / Re: Congressman Brad Sherman calls for a bill to ban all cryptocurrencies on: May 11, 2019, 06:23:04 AM
It seems like the American bureaucracy and lobbyism are aiming to ban cryptocurrencies. But it is not that aggressive how it is happening somewhere in pharma sphere when politicians are pushing absolutely retarded laws (and they are bringing even the same arguments).

That would be a good thing for the whole world except the oil cartel, banking cartel, military cartel etc. Dollar being the main currency of trade has been absolutely abused in every conceivable way.
USD is stable and the entire world is totally fine about that. It is pretty naive to think that all this crypto FUD would somehow change the situation.
345  Economy / Economics / Re: Deflation based currency such as Bitcoin to counter promote economy. on: May 10, 2019, 11:24:13 AM
My question is, would an economy with a deflation based currency such as Bitcoin work?
No. And for some reason many people around this forum are unable to understand this.
Inflation don't realy boost spending, it boost export of the country. So it is much easier to buy different things in another country when their money are cheaper than yours. For example China artificialy inflate their currency to boost their export and Germany forcrd EU to create Euro in order to deflate getman mark and boost their export.

 However, as we know, people are not the rational creatures economists want them to be.
This is not about that case.
Without any extra barriers people would always buy the cheapest product. There is no way to provide a high demand on expensive goods that could be easily bought somewhere else much cheaper. Especially when those things are happening on the global international level.

346  Economy / Speculation / Re: Bitcoin rises very fast! on: May 10, 2019, 11:12:02 AM
It doesn't seem like there is some clear analysis of current situation but IMHO everything bad that could happen with crypto market already happened during the past year and at the same time crypto envioronment became better and all crypto related services either closed or increased the quality of their service. So current picture only shows us that it is time to see some green market now.
347  Other / Politics & Society / Re: Do we still believe in anything? on: May 10, 2019, 08:41:02 AM
I guess that Human Rights are playing the role of religion. Unfortunately, as all natural rights it does not exists. So it is also the same situation as we see with religion.

What about the water and the Earth?
Does anyone stealing the water from the earth and bringing it somewhere to mars? I thought it is still here.
Is family still such a strong value?
The Catholic church has been destroying family for ages. Maybe family is still a strong value in some muslim countries.
348  Other / Politics & Society / Re: Do We Really Want a More Decentralized Version of Facebook? on: May 10, 2019, 08:31:00 AM
The problem is that corporations like google and facebook together with governments are generaly in charge or todays internet and it seems like they are not interesting in providing more privacy and decentralization. Such global changes should be implemented from their side. Otherwise, all new private services would be banned or simply won't handle the competition with corporations.
No one would allow you to make a private internet.
349  Other / Politics & Society / Re: hypocrysy of the developed world is visible when one researches thetrade deals on: May 09, 2019, 05:55:11 PM
you dont get what i am talking about the problem is that the economy hass massive surplus capacities which cant be used, because of the global trust system in those huge mega states, (eu china, russia, usa.)
There is no trust system in the real world. No one on the world arena is making something just because he trust some other country. The most obvious example Russia:  with all those sanctions we see that neither US nor EU trust them and with the other sanctions everyone could be happy to stop buying their oil. And that waas not because they trust each other but because they have to cooperate.
350  Other / Politics & Society / Re: hypocrysy of the developed world is visible when one researches thetrade deals on: May 09, 2019, 02:46:28 PM
bad examples are EU, USA, China, Russia

all want to flood the market of the other one with easy to mass produce goods, like meat, wheat, electronics,

No one is trusting to flood anyone. Companies are selling as much as they can and getting their profits.  If some hot country shouldn't struggle for its agricultural sector instead of buying what they need abroad?

in order to keep the currencies value pairing high, but cant do that because they block each other off it,
No. No one needs to have an expensive currency. It is much easier to buy anything from russia while living in EU because for expensive  EUR you would buy cheap russian rouble and cheap russian goods.
The aim of the central banks is to keep their currency stable and sometimes slightly deflate it (for example up to 1% per year) in order to provide some advantage for its exporters.


during the existance of the soviet time there where many directors with their own currencies in the soviet union who needed ressources for space exploration projects,

Comrade Satoshi is a grandson of a comrade Stalin. True.

but stuff like that doesnt exist now. because everyone is just trusting into the central bank of those democracies.



You have to rely on your central bank simply because it is regulating the monetary policy of the entire country and not only printing money that are in your pocket. So even if everyone would issue his own cryptocurrency and those coins would grow to the high price everything would collapse simply because the real economy would degradate and people would return to the stone age.
351  Other / Politics & Society / Re: SCOTUS to become real conservative majority by 2019 on: May 09, 2019, 02:21:26 PM
There is much more noise in the media about political views of SCOTUS judges rather than any threat for either democrats or conservatives. The point is that SCOTUS judges many times demonstrated that their political views have absolutely no influence on their work and relations between them. They all are close friends that are playing golf with each other at the spare time.
If someone in US government is still trying to stay away from all recent political bullshit then it is SCOTUS.
352  Alternate cryptocurrencies / Altcoin Discussion / Re: [NEWS] [Yahoo Finance] [Metamask+CoinSwitch] on: May 09, 2019, 02:11:08 PM
Just IMHO but they made this partnership a bit too late. Ofc it is better than nothing but more and more shitcoins are crashing downs, market haven't seen any decent ICO for a long time and when people would sell all of their shitcoins for ETH and then exchange it into something else they won't have any purpose to use this altcoin (altogether with MetaMask or any other exchange).
353  Bitcoin / Legal / Re: Tax optimization via digital currency on: May 09, 2019, 01:56:23 PM
No one could wonder anything to you because everything is depending on your country and its law and taxation system. If it is possible to do some service, get payed with crypto (or use crypto at any other way) and pay less taxes because it is classified as another operation then ofc it would be nice to use it. But generally is you want to stay inside of the legal field without any shady withdrawals then taxes would remain the same even with crypto.
354  Economy / Economics / Re: Regulation of Cryptocurrency Around the World on: May 09, 2019, 01:37:36 PM
This rating is such a crap. Bitcoin is legal literally everywhere because it could only be considered as illegal if you can be arrested for holding cryptocurrencies. If there is no legal support or someone from the top politicians in the country said something against BTC then it doesn't mean that cryptocurrencies are illegal.
355  Bitcoin / Bitcoin Discussion / Re: Blockchain Data Size on: May 08, 2019, 03:24:38 PM

In my opinion, increasing the block size is not an option. Because as you see in this chart (below), data size getting bigger day by day. In 2 years we reached x2 data size already.
The problem of increased block size is a bit different. Remember the 2017 when BTC raised from approximately $1800 to $20k+. During the whole year  the transaction fee increased multiple times. So if we increase the block size twice then without any other solutions like LN in some time (it could even be some moths) we gonna face the same old problem that would push us to another block size change.

you can't really use the data that you get from 2017 because it was not just the price rise and adoption,... that led to the increased number of on chain transactions and the resulting high fees. that main reason for all that gigantic backlog was the prolonged spam attack that we had going on most of 2017 where multiple entities have been injecting the network with spam transactions pushing the fees up.
First of all with an increase of Bitcoin adoption we gonna get the increased amount of transactions. That would inevitably happen with time.
Also all those spam attacks would always take their place. No matter if it is a coordinated attack or just another service is spamming the BTC blockchain. That would keep happening and to become usable Bitcoin have to be resilient to such kind of things.
356  Bitcoin / Bitcoin Discussion / Re: Blockchain Data Size on: May 08, 2019, 12:47:30 PM

In my opinion, increasing the block size is not an option. Because as you see in this chart (below), data size getting bigger day by day. In 2 years we reached x2 data size already.
The problem of increased block size is a bit different. Remember the 2017 when BTC raised from approximately $1800 to $20k+. During the whole year  the transaction fee increased multiple times. So if we increase the block size twice then without any other solutions like LN in some time (it could even be some moths) we gonna face the same old problem that would push us to another block size change.
357  Bitcoin / Hardware wallets / Re: Best way to store physical copy of Key weather & tamper proof on: May 08, 2019, 12:42:14 PM
This is definitely an unnecessary move until you are going to store this painted key somewhere, where the other people can find it (and even then it won't stop them from scratching this paint and getting a key). If you store your key in secure place then you don't need this creative weatherproof shit and if the place is insecure then even all those stuff with paint won't stop a potential thief.
358  Economy / Exchanges / Re: Binance losing 7000 BTC and the consequences of a ROLL Back on: May 08, 2019, 12:30:02 PM
Yesterday Binance was hacked fgor $40 Million worth of BTC equivalent to 7000 BTC at todays price.
Well we have heard of hacks before what we have never heard of is the mention of rolls backs.
What do you mean Roll Back.
Binance techs have suggested taking 51% control of the miner power and rolling back this transaction.
Does any one else have a problem with this?

It seems like the most retarded solution EVER.
Binance is a separate cryptocurrency related service. They are taking people's money and in exchange providing them the currency exchange service. And they are taking other people's money at their own fucking risk.
So what we get in the end is that Binance lost big amount of money and instead of paying compensations they  are asking the entire community to centralize the entire blockchain.
How about repaying those $40 mln from their own pockets? I bet Binance would be able to find such money.
359  Bitcoin / Bitcoin Discussion / Re: Known Physical Bitcoin Attacks on: May 07, 2019, 04:58:36 PM
This kind of articles only tells us that if we are getting some wealth we shouldn't live in a shithole country (or even part of the city) and should pay more attention to his own private security. In other cases there is nothing new in treating someone in order to get his money. I can walk around my neighbourhood, find the most wealthiest house, which owners would probably have well-paid jobs. So if someone needs to pick a wealthy victim he can start from well known rich people instead of searching for someone with a BTC wallet.
360  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will alts really die once BTC starts climbing unbelievable highs? on: May 07, 2019, 04:33:24 PM
1. First of all during the obvious bull run all markets were green. Shitcoins sometimes were doing x10 while BTC gained only 10%
2. People are HODLing their shitcoins that are not growing during the time BTC is gaining in price. So they are selling shitcoins to get some profit with BTC.
3. Price of all those shitcoins is calculated in BTC or ETH, most of them don't have fiat trading pairs. So for example if someone is opening some service and raised in ICO $1 mln then his startup for that moment worth around $1mln. But in case BTC gained 10% then this startup also gained 10% while they did nothing and its real worth remained the same. So investors are selling its tokens because they are overpriced.
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