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361  Economy / Service Discussion / Re: OpenBazaar - decentralized eBay on: July 08, 2015, 09:44:42 PM
Some news:

https://www.reddit.com/r/OpenBazaar/comments/3cko74/update_openbazaar_developer_efforts_are_focused/

Quote
Since OpenBazaar began in April of 2014, it's been a group of volunteers all over the world contributing spare time to push out new releases every few months.

Altogether we put out five releases, and the fifth of these is what is in our github repo right now. It is usable, but still has bugs and isn't ready for real commerce yet.

Now that several of the core devs (myself included) have formed a company and received funding, we're changing our approach to development. We won't be doing incremental releases every few months, but instead put out a larger version 1 release later this year. Here's what the roadmap looks like. [...]

Any clues if the release due in November will be available to windows users?
362  Economy / Economics / Re: Greece timetable before Sunday on: July 08, 2015, 07:14:19 PM
Now what? Greece is finally out of Eurozone. Since everyone has gone for a no. But is it gonna benefit Greeks in long term ? Even if they downgrade to their old currency , will they be able to prove their stance in the global market? Right now ,it is very unlikely, but then you need to look at the brighter side. Now they are free from the conditions of creditors, they can  look for a fresh start.

They always submit everything late. I think they will submit their proposals a day after the Thursday deadline, and they will still be accepted because they are now talking about reforming pensions. There is always a tight timetable that Greece never sticks to. Last Sunday was supposed to be too late to submit any proposals and now they have until tomorrow, or the day after.

The time taken since the referendum has been laughable. I can't pretend to know what procedures the politicians have to go through but any truly caring leaders would have gathered immediately and said, "look guys we need a solution now, this is what I propose...". I am not naive enough to believe that they are truly caring leaders though. This sluggish reaction is what I expected. I don't know how it will pan out, but I think the masters have a good opportunity to show the majority of human beings in the world what happens if they do not simply submit to reforms. Will food become limited to the Greek people? That is what I keep asking myself.
363  Economy / Economics / Re: How much Bitcoin to move to the UK/USA ? on: July 08, 2015, 02:05:59 PM
Alright . First of all this thread is not for trolling and only for serious people who are willing to help me with providing good informations .

I live in Algeria which is a rich country with oil , gaz and gold and other crap basically but it's still shit . I'am just a simple teenager with big dreams .
I may move to England or United State of America and I would like how much USD should I need or basically how much BTC do I need to move there (as a start) and what does it take to find a good or decent salary job and how easy/hard it is . (price for living monthly etc ... ) what ever you think it's necessary informations just throw them at me .

Pretty sure that this thread should belong into Economics because I'am speaking about Finance and money etc ... thank you Smiley


You say you have big dreams, but what is it that you dream of? I always wanted to travel when I was younger. I made plans with friends that never materialised and then finally went by my lonesome when I was 23. It was a great experience, but I eventually came home broke and had to start at the money game all over again.

Can you look ahead ten years and see what you want? If you can, be aware that what you want will probably evolve over time. If having a family is something that you want at some point in the future, then ask yourself what your main role will be in that family. If it is that of providing financially, then focus on that.

Frankly, this is all very grown up and as a teenager I suggest going to find some mischief to get up to and enjoying your mothers cooking whilst she still provides it for you.

edit: I didn't mean for that last bit to sound patronising. Keep dreaming and keep planning.
364  Economy / Economics / Greece timetable before Sunday on: July 08, 2015, 12:01:36 PM
It seems it's a cliff hanger on whether or not the banks will open again by next Monday.

365  Economy / Economics / Re: Bad days ahead for the European single currency on: July 06, 2015, 07:30:59 PM

well not really, the fault it is not with the ECB or europe zone, but with greece only, so they are the dead weight here and removing the diseased part of the european would only bring benefit to the euro union, since they do not need to pay loan to a country that can't pay it back ever


Is my understanding of things incorrect? Isn't it true that no country will ever be able to pay all of its debts back? Ever!

well yes, but i was talking about another type, of loan, about the loan that it was lended to save their ass, not about the standard loan that every country of the europe get, because of the vicious circle that is sustaining the whole fiat ecosystem

well i'm not talking about italy and spain, but especially romania and bulgaria, the countries that you mentioned in the other quote

Romania and Bulgaria are two of the most corrupt and crime-ridden nations in the European continent. I agree that the GDP is growing in these nations. But that is solely due to the European Union subsidies and grants. And these two countries don't have the resources to sustain the GDP growth. What happened in Greece will occur in Romania and Bulgaria as well. But in their case, the effects will be even worse.  Grin

i don't know, guessing is good and all but the fact is that greece has done something very wrong compared to other, to be in this condition, and they were in a bad situation since 2004 at least which is not too far away from their entry into Europe(2002)

they did a mistake in "recruiting" Greece, on the other hand italy and spain were not in a bad shape before the euro union, i'm not sure about spain, but seeing how i live in italy i'm sure about it

These further loans are inevitable for all nations, in time. Maths dictates.

Just checking you and I have read the same page.
366  Economy / Economics / Re: Ending debt slavery - This is why Bitcoin exists and it's begun. on: July 06, 2015, 07:08:38 PM
Varoufakis has been told to leave to make the negotiations with Europe easier, because Lagarde Draghi and friends hate him. So I would stop looking for anything revolutionary or new to happen, we still have a long period of talking pretending and extending until we see some real shit hitting a big fan.

Have you got any insights as to what the shit may be? I'm thinking supermarket shelves being limited under the guise of capital controls affecting imports.
367  Economy / Economics / Re: If Greece defaults on: July 06, 2015, 07:01:25 PM
Tsipras is still playing his same game. His premise is that the EU/IMF will ultimately agree to anything to keep Greece in the euro. Everything he is doing is designed to "bring them to their senses." I suspected that everyone except the die-hard Greek communists have had enough of him, but with the 60% majority for oxi I guess he is still a strong leader, the question is for how long.
This drama is plagued with uncertainty. EU vs Tsipras. Tsipras' leaked letter kind of weakens his hand I think. I also believe that Tsipras is not uncorruptable. The question for me is how long will the Greek people forgo capital controls and will they suffer empty supermarket shelves.

The limit is supposed to stay imposed until at least thrusday. Now Tsipras is forced to not dissapoint the Greek people. If Tsipras gives in a little bit too much in the negotations he's done. If Tsipras fucks it up and they see themselves out of the Euro, he's also done (most Greeks dont want to be out of the Eurozone). Extremely hard situation for him and his team.

Yep. I drew the same conclusions. If the Greek people suffer further, lets say imports are temporarily restricted due to capital controls, who will they blame? Europe or Tsipras? They will be left begging for a terrible debt restructuring deal. Or they will work together for the good of the people (less likely imo).
368  Bitcoin / Bitcoin Discussion / Re: Will Silk Road's Ulbricht Win Appeal? on: July 06, 2015, 06:55:57 PM
a Long road ahead for Ross, most of the public is out rage about hes sentence

Really? Outrage? The general public don't seem to care. The only people who do are his mother and a few libertarians but a lot of angry anarchists arn't going to get him freed.
The general public doesn't care about anything. Have you seen this:
https://www.youtube.com/watch?v=XEVlyP4_11M
They've got pictures of my dick!?!?!?
369  Bitcoin / Bitcoin Discussion / Re: Will Silk Road's Ulbricht Win Appeal? on: July 06, 2015, 06:21:11 PM
No, he doesn't have a chance against the State in a State Courtroom of Injustice. The judge is an employee of Ulbricht's opponent.
Damn straight!
370  Bitcoin / Bitcoin Discussion / Re: Will Silk Road's Ulbricht Win Appeal? on: July 06, 2015, 06:17:15 PM
then again, it seems he tried to hire some hitmen to do some nasty jobs, in this case I don't really care what happens to him.

This could just be an allegation.
371  Economy / Economics / Re: If Greece defaults on: July 06, 2015, 06:12:08 PM
Tsipras is still playing his same game. His premise is that the EU/IMF will ultimately agree to anything to keep Greece in the euro. Everything he is doing is designed to "bring them to their senses." I suspected that everyone except the die-hard Greek communists have had enough of him, but with the 60% majority for oxi I guess he is still a strong leader, the question is for how long.
This drama is plagued with uncertainty. EU vs Tsipras. Tsipras' leaked letter kind of weakens his hand I think. I also believe that Tsipras is not uncorruptable. The question for me is how long will the Greek people forgo capital controls and will they suffer empty supermarket shelves.
372  Economy / Economics / Re: Bad days ahead for the European single currency on: July 06, 2015, 05:52:18 PM

well not really, the fault it is not with the ECB or europe zone, but with greece only, so they are the dead weight here and removing the diseased part of the european would only bring benefit to the euro union, since they do not need to pay loan to a country that can't pay it back ever


Is my understanding of things incorrect? Isn't it true that no country will ever be able to pay all of its debts back? Ever!
That is correct, that seems to be how most macro economic systems work presently, all fiat currency is based on debt with the country and its people as the collateral. This is by design which is one of the reasons I think these fiat currencies are doomed to fail eventually, especially now that feasible alternative asset based currencies exists. Watching and waiting to see this house of cards fall so that we can finally separate the power over monetary policy from the state like we once did with church and state.

The separation of church and state, that would be an interesting topic to visit. Do you have anything to recommend, either video or literature? Although with the amount of free time which I have I probably have a preference on video.
373  Economy / Economics / Re: If Greece defaults on: July 06, 2015, 05:40:12 PM


It's pretty granted now we'll break 300 this month. Good times ahead.

It isn't guaranteed, but go ahead and place your bet.
374  Economy / Economics / Re: Bad days ahead for the European single currency on: July 06, 2015, 05:09:49 PM

well not really, the fault it is not with the ECB or europe zone, but with greece only, so they are the dead weight here and removing the diseased part of the european would only bring benefit to the euro union, since they do not need to pay loan to a country that can't pay it back ever


Is my understanding of things incorrect? Isn't it true that no country will ever be able to pay all of its debts back? Ever!
375  Economy / Economics / Re: Ending debt slavery - This is why Bitcoin exists and it's begun. on: July 06, 2015, 04:44:09 PM
Two points:

1) Is what the EU was doing to Greece really usary or corrupt? Was Greece forced to borrow money? Was the rate higher than market rates? Was Greece forced to pay back early? - if the answer is no, than it was Greece's choice to borrow that money and they should figure out a way to pay it back.

2) The act of borrowing and lending (and the slave like feeling it can cause to those who borrow and don't pay the debt back quickly) isn't a fiat problem, it's a human problem. People and Governments decide to go into debt because they need or want something that they can't pay for. The act of lending actually pushes progress forward because it allows people and Governments to expand their world, business, operations beyond their means. It's not always a bad thing - only when the amount borrowed exceeds what can be paid back.

Debt slavery will occur with Bitcoin because people will always have a need to borrow money.

1. Greece isn't a real thing. It is imaginary and only exists in the minds of man. Representatives of this imaginary thing also exists as being legitimate in the minds of many of men, but there is an argument for it being illegitimate. It is just a maths problem. (Edit: an unsolvable maths problem)

2. If shit was cheaper people could expand their worlds just as easily. How many years would it take if each man physically built his own house? All of his life? 100k for a house at the bottom of the market is unreasonable in my opinion but when I come to be an older man I would expect the inflation to be even greater for the prices to be paid by the currently unborn because no one wants to be at the shitty end of a ponzi scheme.

If bitcoin does reach critical mass it seems a good jump from those at the end of the ponzi of fiat to be an early adopter of something new. Man can still have a head start on the unborn as they have a head start on accumulating, and then history will probably repeat itself because deep down we are all dicks (sometimes).
376  Economy / Economics / Re: Ending debt slavery - This is why Bitcoin exists and it's begun. on: July 06, 2015, 02:49:46 PM
Its a nice read but I see no signs of usuary being made illegal or abolished in the fiat world.
So its business as usual.
377  Bitcoin / Bitcoin Discussion / Re: Will Silk Road's Ulbricht Win Appeal? on: July 06, 2015, 12:26:23 PM
I was not a big follower of the details of this case but according to the documentary Deep Web, by Alex winter, his defence was that he was never an admin for silk road, he merely built the website and sold it to someone else. You know how it goes with these things, you can never be sure on what to believe. The documentary leaves a lot of room for doubt in the prosecutions case though.

http://www.imdb.com/title/tt3312868/
378  Bitcoin / Bitcoin Discussion / Re: the reason why Satoshi didnt use his 500k-1Million Bitcoins on: July 05, 2015, 01:50:01 PM
Its best just to assume that he will return for them one day.
379  Economy / Speculation / Re: Will greece/europe pull a rabbit out of the hat? on: July 04, 2015, 10:33:42 AM

you know what? I am out of my depth. Who the fuck knows?

Hahaha, yeah man. I am just making up some pop corn, pouring down some chilled beer in my beer mug and ordering a pizza. Then I'm going to take my chair on the roof top and watch the world fuck itself while I watch. beauty.

Proper little soap opera isn't it? Making mankind believe they are fucked and all displayed for your viewing pleasure.
380  Economy / Economics / Re: If Greece defaults on: July 04, 2015, 10:02:27 AM
Older Greeks will remember that. In the old days, before the Euro, every year, the BS drachma was losing 10% of its a value towards towards the mighty Deutschmark. The Euro was a huge chance for Greece, without it would have ended up like Zimbabwe. This is what's going to happen anyway. The Euro was a just a break from Greece's normal history.

The Greeks still have a chance to express their view in the referendum tomorrow.
Right now, it seems too close to call whether they will say yes or no.

I don't think that they will be so courageous to say "yes".

I think it is more courageous to say no.
No = to defy
Yes = to submit

At least in the minds of most. A no vote is still a submission to tsipras.
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