Bitcoin Forum
June 24, 2024, 02:11:03 AM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 [176] 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 ... 600 »
3501  Economy / Economics / Re: i can proof my economy knowldege anyone who critizsed me i have good question on: September 04, 2020, 03:27:53 PM
Moneys introduced through Central banks adding an extra few % to the monatory supply:
For developed stable countries it's about 1.7%-2%
For markets that don't move as fast and lesser developed countries it's about 4-10%

(this is only for big countries as some smaller ones - I'm told - base it off other metrics such as gdp).

There are a few types of banks beyond the central bank though and the two main ones that seem to be mentioned are full reserve and fractional reserve..

97% of UK currency is produced via the fractional reserve system, I think it's similar across the rest of the developed world as most loans are generally not too difficult to pay off and collateral can increase faster than the debt interest if only a few people default (with things like housing).

Most have the fraction of reserves as a 10% reserve leaving the rest of the funds to be leant or spent - which produces a recursive step so they can keep doing it with the next deposits - hence why we get a 3% reserve.
3502  Other / Politics & Society / Re: Why doesn't Europe just take on every refugee from Turkey? on: September 04, 2020, 02:59:08 PM


I don't like the EU style of government b/c of the fact that it can force countries do certain things that they don't want to do. For example - Taking in refugees. That was a major problem over the last few years.

But that's how the EU works, you either work in as a team and get the benefits of it or you leave and that's that.


Unfortunately the EU is not a team and not working together. It's every country for them self until you are in trouble and then you call for EU to bail you out. I think it's not right to be among the countries that receive the biggest benefit each year from the EU but then work against them.

We can't stop the refugees from coming, they will just keep camping at the borders until they are enough to crush the fences. And then saying a country doesn't accept refugees so let them all stay in Italy or another border country is not fair.

The refugee crisis just showed us there is no EU - it's every country fighting alone.

Europe requires unanimous voting to do something like this imo. Each refugee would have to reside in a country for 5-9 years in order to claim citizenship of that country - at which point yes they could move about (you can also normally get "special talent" visas at about 3 years but I think those are pretty rare).

I think schengen visas are proably hard to apply for too - and the UK also isn't part of the schengen treaty - not sure about if all other countries are or not. Even if they werent we had enough empires around continental Europe do you really think it's possible to block off every border for the sake of about a million crossing - I don't?

The EU itself has continental holes too: Norway, Switzerland and the UK are separate entities, I think some UK terratories also never got listed with the EU for any form of movement of people (it's probably similar with France and Spain).
3503  Alternate cryptocurrencies / Altcoin Discussion / Re: Lost coins through bitcoin SV on: September 04, 2020, 11:30:08 AM
1.iy could get access to everything and upload it but it's not really worthwhile. Most viruses if trying tk compromise files just corrupt them and ask for a ransom instead.

2. Yes the photos and files could be corrupted but sif you have a drive that's a good size for storing them you might want to put them on that - one that is old and doesn't have anything else on it.

3. Look into sandboxing and running vms if you're going to start downloading random sources..
3504  Bitcoin / Electrum / Re: I need Sherlock Holmes to help me find the PIP installed Electrum, LOL! on: September 04, 2020, 12:47:27 AM
My fleeting attempt would be this:
Code:
./run_electrum

https://github.com/spesmilo/electrum/blob/master/README.rst

It's at the very bottom, I thought it was just for running electrum normally.

I think the PATH stuff is just the environemntal variables/global variables thing so that you can call it from anywhere outside of root (but I'm not entirely sure as I like things to be separate too much).
3505  Bitcoin / Electrum / Re: I need Sherlock Holmes to help me find the PIP installed Electrum, LOL! on: September 04, 2020, 12:02:11 AM

OK installed again from clean machine.  I did do sudo before Dumb A**!  NOW it is in /home/user/.local/bin/

I watched the install as before and it all went well.  When I open .local/bin I can click on and display the Electrum script so its there.  The bin folder only has a few small files all related to electrum.  The electrum file shows as executable of course, but it doesn't execute for me.

Do I need to add a PATH or how do I mount electrum on this install?  If I type electrum in the terminal it flashes for a second but nothing happens after that.

I am close here, just need the final piece!

Have you tried  ./electrum all the guides I can see say it's just electrum you type in.

If that doesn't work "ls - l the folder and check it's - ##x##x### the # can be anything.

If it's isn't, run chmod 770 electrum
3506  Other / Beginners & Help / Re: Bitcoin Mining For Newbies on: September 03, 2020, 11:37:55 PM
<...>
Thank you for pointing out the mistakes. Some people even now use graphic cards xD.
About 10-20 minutes, I had read it on a few articles. Gotto backtrack them.


They're mining xmr if they're using graphics cards...

The consensus algorithm tries to target 10, I think it's closer to about 9 or 9 and a half (or it was at one point) because hash power always increases and its not a fixed reject a block if it comes sooner. Some blocks appear within a second of each other, some can take longer than an hour. The longest I've waited is about 2.
3507  Bitcoin / Development & Technical Discussion / Re: The Lightning Network FAQ on: September 03, 2020, 10:51:42 PM
Can anyone else fund my channel? For example, Bob and Alice have a channel that is 0.001BTC, can Jack transfer 0.0001 coins to Bob and Alice's channel outside the LN and thus increase the channel volume to 0.0011?
As far as I know, this isn't possible.
Quote
The idea is if someone has to send me BTC he can directly fund my channel.
A way around this is to use a custodial wallet. This this morning I asked someone to pay to a Bech32-address that goes straight into my BlueWallet LN balance, and by creating a new LN wallet each time, I can use different addresses for this.
Custodial isn't perfect, but for small amounts I don't mind.

I'm trying it with 15p because theoretically it could work and may do so I want to try it... My thought is that for a while therell only be one person funding a channel so it might just be credited but it's unlikely - I'm still just curious though.

I'll post my results if it works but even if it does it might just rely on individual configurations.



Edit: not entirely sure what happened to t, I woke up with about 200 notifications overnight so I don't remember what it said but it said something like "suspicious activity noticed" as a notification from elcair - I think it might have gone through on the other side and my side just refused to sign for it as a security measure.
3508  Bitcoin / Electrum / Re: I need Sherlock Holmes to help me find the PIP installed Electrum, LOL! on: September 03, 2020, 10:11:05 PM




Assuming my install goes to user tomorrow, what would be your recommendations for path/Icon and how to handle that?  I am assuming I'll just redirect the icon to the path where PIP puts it in my user!

I think it should auto find the icon, if it doesn't you can probably find one in the folder or just download one - from the website so there's nothing hidden but I don't think mine hasn't found one - most have an img subfolder or similar or just place the icon in root.

3509  Other / Politics & Society / Re: Why doesn't Europe just take on every refugee from Turkey? on: September 03, 2020, 10:04:19 PM
Thatd be illegal to say in the US too - freedom of speech only goes so far as to not incite violence doesn't it in the US?

No.. I can say “trans men are NOT women” all I want 100% legally, and I do..
Because trans men are not women.. But that’s besides the point..

In the US you can say you hate white people, or Asians, call them crackers or gooks or bug people or even say nigger all you want legally as long as you don’t CALL for violence..
And that’s the way it should be..

“Xxx racial slur people are disgusting and I hope they all die in a fire” - perfectly legal
“Xxx people should be punched in the face” - bordering on not legal..
“We should beat xxx people whenever we see them” - not legal
“You should throw rocks at xxx people” - not legal
“Those terrible xxx racial slur people all stink and should go back to where they came from” - legal

Unless you say it about white people, then I guess the laws don’t apply, seemingly.. Or even your favorite tech giant codes of conduct like twitter and reddit..
Like “kill all white people” seems to be perfectly acceptable just about everywhere..


You can even like, question the history of the Holocaust, and even fly a Nazi flag in front of your house if you want to.. If you want to.. If you believe such things or simply just want to piss people off for the lolz..

You can even go around in public in a kkk hood.. The kkk even have public demonstrations because they have the right to speak and gather just like everyone else..

Freedom is pretty nifty Wink


1st amendment.. Freedom of speech..
It’s 1st for a reason.. Very important..


If it's that important why is it an ammendment 🤣... Clearly wasn't in the og version.

And you can say the same legal stuff here as you wish until it incites violence. You're protected against a criminal response. You can draw as many swastikas as you want in the UK and fly them perfectly fine. You'll find its only Germany who considers that illegal.

I'm pretty sure enough people have said at protests and on live TV "we should send them back where they came from" without any issue. Notably Nigel Farage but not limited to him.

Just spent some time crunching the numbers and the number of migrants (6 million) is the equivelant of the number of working age people in the UK that were classed as capable of work in 2017 (OK I didn't get the actual number but I took a third of all adults who were out of work which will do). I think Sweden is said to have a 16% migrant population so what's stopping the rest of the west from taking on more?

Politics. Media.

Eventually they will be forced to somehow attract migrants. Some projections shows that Balkan countries in the year 2100 will have half population as of right now. So unless they will offer good condition to migrants they will ignore them and move in other countries that will offer them better conditions. Second part of this century will be a huge fight for migrants. Countries that will not be successful at attraction them will become half empty and lose they strength a lot.

At the moment there only seemed to be 6 million refugees, however big that gets I don't think it'd be enough to have a massive impact.
3510  Bitcoin / Electrum / Re: I need Sherlock Holmes to help me find the PIP installed Electrum, LOL! on: September 03, 2020, 09:54:00 PM
You probably either ran sudo with pip, were already in sudo or somehow managed to install python in root.

Are you sure you gave a user and aren't just root? When you load up a console and pwd from the start, what do you see? /home/user?

I could give you some advanced technical solution for making a shortcut on the desktop, but I don't use it myself I just copy another shortcut and edit it with the right information. Just work out where lectrum. Installed and link the binary to that in the file (if debian still works the way it always did).



Type sudo python or sudo python3 and se if it works. If it does, you might want to reinstall debian or uninstall python from the superuser because I think that's a pretty major vulnerability afaik.
3511  Other / Politics & Society / Re: Why doesn't Europe just take on every refugee from Turkey? on: September 03, 2020, 09:09:48 PM
Europe is already gone.. Get thrown in jail for saying such things as “trans men are not women”...


But they're not?

Thatd be illegal to say in the US too - freedom of speech only goes so far as to not incite violence doesn't it in the US?

Male and female are biological sexes. Men and women are genders - gender is considered more of a bimodal system rather than there being two camps. It's been caused by overcategorisation although for some reason we replaced 2 categories with 58 rather than just having 1...
3512  Other / Politics & Society / Re: Why doesn't Europe just take on every refugee from Turkey? on: September 03, 2020, 08:33:36 PM

But here's the problem for people who already have jobs in the areas where refugees would flood in -- there would be a lot more workers competing for the same amount of jobs, at least initially. So with the same amount of jobs present and tons of more people who want those jobs, employers are beyond happy -- they're able to pay the workers less and less as there is more supply for the same amount of demand. Employees are not happy though, as they're being paid less for the same amount of work b/c of supply and demand.



I meant capping refugees from that area to working a shorter amount of time every week the $150 would be something like them receiving the normal £30 stipend refugees get a week with 2 or 3 days of work.

So employers who need staff for a whole week will still employ full citizens and there may be less competition from refugees but I get there'd still be some demand gap.

Realistically this would have been intended for a time when there were more jobs than people to fill them, doing something like this during a recession would worsen the lives of your population.

I think taking in an extra amount of people wouldn't reduce the quality of life the affected people are already facing more than it would affect the quality for the refugees though maybe that's too far of a statement to make...

3513  Other / Beginners & Help / Re: Bitcoin Mining For Newbies on: September 03, 2020, 08:20:41 PM
Mining is quite risky to do on your own and you'll need a good electricity rate and luck at least to get something from your investment.

Sites like this are normally good at checking your profitibility: https://www.cryptocompare.com/mining/calculator/btc?HashingPower=40&HashingUnit=TH%2Fs&PowerConsumption=1500&CostPerkWh=0.12&MiningPoolFee=1

But you're going to want an initial profit margin of about 25-50% at least (as in for every 0.5BTC you mine, you're only paying 0.125-0.25BTC to mine it in electricity costs imo).
3514  Other / Politics & Society / Re: Why doesn't Europe just take on every refugee from Turkey? on: September 03, 2020, 08:05:47 PM
But there is no unity. We have countries in Europe that didn't take any refugees since 2015 and the EU has no mechanism to deal with these countries.

Hmmm the lack of unity is weird since that was one of the founding ideas of the EU? I mean it really didn't work but it was a good plan - and like most plans the execution kinda failed it.

It's one of the big problems with the EU as a system in general, the west view it as them paying money to strengthen the east and as them offering jobs to citizens of poorer eastern countries, the east probably view it as either a protection against explotation of jobs (i've seen eastern workers mock the EU because of low minimum wages but 'we at least have contracts and rights' - in a bit of a sarky tone).

Any economic block bigger than about 15 million in population IMO is destined for failure and division.

Short and medium term immigration does truly hurt some nations who are already facing issues in regards to wage increase issues (as more supply into the labor market is going to bring wages down) and then there's some thoughts about the safety net programs and if they're allowed to be utilized by immigrants (that's a country to country issue)

The poverty line in the uk is $150 a week, if the only way to go about taking in a large number (say 1 million) refugees is by getting them just above that line then I think it's not too harsh a price to pay - if they're not paying for housing then that'd be more than enough to live off.

In a similar context, I wouldn't be fully against the idea that we could just make a new country within the EU that is governed by EU law and seeks to produce a stable economy for them - although the EU and europe as a whole is pretty tiny...

Yeah. Put them all into slave-labor camps and live high on the hog off their work.

Ummmmm? Government teaching of anything without supplementation from external sources will always fail - pretty much every school system in the world is awful and outdated.

Since when are europeans slaves to the lazyness and greed of thrird world countries they have shown their humanity but they are going to far.
The UK and France caused a lot of the problem by not restoring curdistan back to it's original independent country and not putting in any effort to try to produce some sort of democracy.

These migrant/refugees are not high skilled communists or christians they are often lazy racist or nazis etc. They join antifa in the west and try to rob the locals like blm did

Is this from first hand knowledge? Also wasn't the nazi party Christian (they got voted in in one of the most Christian countries in Europe and were anti Jewish)?

The high skilled ones aren't the ones who fuel the economy, more low skilled workers mean high skilled workers are paid more - relative to lower skilled onew - in their wake as money either becomes more scarce or more available.

Also some England councils are happy to elect our own terrorists to office?
3515  Economy / Speculation / Re: Bitcoin, Ethereum and Altcoins Lose Momentum on: September 03, 2020, 07:37:37 PM
Is this not out of date?

I can only speak for bitcoin but we fell some time ago and 11500 wasn't really much of a support/resistance zone as we'd gone through it so much recently. The main decision will be made if we break either the 10400 or the 12400 levels imo at this time.
3516  Economy / Speculation / Re: S&P dax and bitcoin could be starting a correction on: September 03, 2020, 05:53:09 PM
Yeah the spy started with a very strong rally from the first of September. It did seem strange that that and the dax both fell at the same. Time and I am expecting some sort of correction as the last rise didn't look as it should - it seemed a bit too bullish.

And yes I expect bitcoin to have a delayed response by a fe whours, especially since btcs market is 24 hours.
3517  Economy / Speculation / S&P dax and bitcoin could be starting a correction on: September 03, 2020, 04:09:04 PM
This could be overhyped from the people I follow on social media (and my 20x short I opened about an hour ago) but it looks like the S&p500 and the dax have started to move downwards. Whether thisll last or not is a different story but I've seen Facebook is down 6% zoom vc is down 13% etc. This looks like:
1. Government pumping has become more relaxed
2. People are going back into work so they can't surf twitter as much now
3. Potentially Facebook and other companies own an office they'll have to deal with even if staff are working from home. Companies still need an office but they might not need one as big anymore.

Plus a bunch of other reasons.

I thought btc would correct to about 10450 and then bounce back at the end of this continuation pattern but it's possible we could see a breakout in either direction still depending on where the funds go.

The dax and the S&P saw a full recovery. If the UK government wanted to make our stocks lucrative, now would be a good time to extend the furlough scheme for a month or something at the full rate.
The UK100 index didn't really recover, it's remained low throughout so now it might not have much further to fall.

(trade off nothing in this as normal this is just a random judgement I've made and markets are unpredictable in these times).
3518  Bitcoin / Electrum / Re: Electrum wallet was hacked! on: September 03, 2020, 03:35:36 PM
It's unlikely you'll be able to recover your funds.

What version of electrum were you using, did you see a popup window and follow links in that? It can you remember doing something else?
3519  Other / Beginners & Help / Re: What are the best ways of introducing someone to bitcoin ? on: September 02, 2020, 09:33:22 PM
In my experience ignorance costs nothing.

People you know will continue to complain about things without ever investing - I don't think there's much hope tbh.

You could hold some coins for them or something/put some of your aside but other than that I don't know.
3520  Bitcoin / Legal / Re: Would you move jurisdiction to avoid tax on your coinage? on: September 02, 2020, 03:52:06 PM
speaking of which, south korea just passed a new tax on crypto trading income. it's actually pretty favorable compared to many other countries at 20%---slightly lower than the existing tax on stock trading income, and equal to the upper tier long term capital gains rate in the USA. https://cointelegraph.com/news/south-korea-finalizes-cryptocurrency-income-tax-of-20

i was surprised to see folks bitching and moaning about it, considering how bad taxes are in parts of europe, japan, etc. 20% is usually the minimum rate i pay on capital gains, and my average rate is definitely higher.

Most places have 20% ours is STILL 20% the 45% was just a proposition. Although it'd probably make more sense to increase stamp duty (paid on stock and property purchases) instead - actually they reduced stamp duty on properties.

I think that Japan has a tax of up to 55% for those who have the most income, but as I once commented in the past, I think that everything over 25% is too much, and you should not agree to pay as much as 45% no matter what the situation - those stories to be in solidarity and give half of our profit to the state with me personally will never pass, even at the cost of having to move elsewhere.

Ours is around 45% for highest earners (earning more than ~£200k $240k) - below that the top tax bracket is 50% but obviously if you earn £120k then only 20% is  charged at the full 50% tax rate so it is more like 36%...

For legal reasons the EU considers the UK, Ireland and Switzerland as tax havens - which seems weird considering our tax rates are high for everything but corporations tax (but our 19% is still high - I think a lot of the rest of Europe is a mere percent higher).

Fortunately, I can still buy/sell crypto (up to a certain limit) without any tax and KYC because such laws are still in force in my country, but for those who want to file a tax it is about 20% (depending on the region where the taxpayer lives). Also, as in Germany which has the law "no tax after 1 year of holding", I have the option not to pay tax after 2 years from the purchase.

But such laws are changeable, and it can happen that someone moves to a country that has very favorable tax laws, and they literally become very unfavorable overnight.

I think there might also be a chance you have to pay the same tax in two countries if one charges tax based on disposing and one charges on accumulation.

If we look only at the EU, each country has its own attitude towards cryptocurrencies, and there are really few in which there are people in government structures who understand what Bitcoin is and how to apply taxes when trading the same. If a central bank says that Bitcoin is nothing (literally), then how will the tax administration collect tax on something like that? Therefore, in some EU member states, despite the new AMLD5 directive, Bitcoin is still under the radar and uses legal loopholes to avoid taxation - which will surely changed when someone realizes that there is room for taxation.

As long as it has a measurable value they will want to tax it. It doesn't need a legal definition as long as it's not explicitly illegal.

I find the radically different rules in each EU country kinda weird. You'd think by this point they would've started to harmonise it.

Also if you don't declare it and they have a type of tax for capital gains on currency, you're probably still going to be expected to pay it - the European court of justice has stated they view cryptocurrency as currency and such you're going to have to follow those taxation laws.
Pages: « 1 ... 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 [176] 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 ... 600 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!