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41  Other / Off-topic / Re: And Jack and his mother were very poor.. on: October 01, 2017, 01:07:58 PM
cow price is $4500, jack sells it for 1 btc
now hungry Jack is HODLing in panic cause old man didn't tell Jack that IRL he must wait for magic a bit longer than in the tale
42  Alternate cryptocurrencies / Altcoin Discussion / Re: How do ICOS's work? on: September 29, 2017, 10:16:05 PM
Yep! Or rather... that's why traditional financial markets are cluttered with regulations in the first place. It seems like the crypto-world always needs to learn the hard way why the traditional financial system works the way it does.
refactoring is always hard
rebuilding classic "banking and co" system is f*cking almost impossible job

most effective way to build financial system in XXI century natural for global economy and fast internet - is to build it from scratch
that is what happening right now

it's not a "death of banking system". It's a whole new world. Like mail vs email vs messengers.
43  Alternate cryptocurrencies / Altcoin Discussion / Re: How do ICOS's work? on: September 29, 2017, 01:17:05 PM
ICO's are called initial product offerings that use Ethereum's blockchain to launch these ICO's as smart contracts are necessary for the pump and dumps for some reason.
you just put some buzz words into the blender, man. ICO can be done with any coins, not only ETH-based. Pump&Dump can be made buy any rich person and is not a blockchain invention.

Well, now with ICOs anyone with the enough hype, chuzpe and pseudo-expertise can start a pump-and-dump, even without being rich! It's the ultimate democratization of financial scams!
That's why we need regulations. I'm not kidding.
44  Economy / Speculation / Re: John McAfee: Bitcoin will go above 500k $ in 3 years on: September 27, 2017, 08:59:17 PM
https://www.cnbc.com/2017/05/31/bitcoin-price-forecast-hit-100000-in-10-years.html

Quote
Bitcoin could hit $100,000 in 10 years, says the analyst who correctly called its $2,000 price
It's important to note what the bold part means: it means nothing!
I know. I just posted that for fun. Everyone make predictions everyday, that's true.
45  Alternate cryptocurrencies / Altcoin Discussion / Re: How do ICOS's work? on: September 27, 2017, 08:09:18 PM
ICO's are called initial product offerings that use Ethereum's blockchain to launch these ICO's as smart contracts are necessary for the pump and dumps for some reason.
you just put some buzz words into the blender, man. ICO can be done with any coins, not only ETH-based. Pump&Dump can be made buy any rich person and is not a blockchain invention.
46  Alternate cryptocurrencies / Altcoin Discussion / Re: How do ICOS's work? on: September 25, 2017, 08:46:51 AM
ICO cost is mostly marketing.
If you want to release and maintain good coin, you need to create a market for it.
That means you need spend big amount money for marketing.
oh... and most importantly... how is the initial price calculated?
initial price itself doesn't matter. You can set any price you want.
47  Economy / Speculation / Re: Price of 1 Satoshi rise to $1? on: September 25, 2017, 08:40:26 AM
21M of maximum bitcoins
*
100,000,000 satoshi in 1BTC
=
2,100,000,000,000,000 satoshi in all possible bitcoins (approximately)

that means...
Code:
2,100,000,000,000,000
Q  T   B   M
we need just $2,100 trillion (two quadrillion one hundred trillion) in bitcoin capitalization to make 1 satoshy cost $1.

according that link, there is $1.2 quadrillion invested in derivatives alone.

But as maokoto said, some BTC are frozen or lost forever, so a smaller amount may work. So, it's pretty possible! Cheesy

48  Economy / Speculation / Re: John McAfee: Bitcoin will go above 500k $ in 3 years on: September 25, 2017, 08:21:43 AM
one more

https://www.cnbc.com/2017/05/31/bitcoin-price-forecast-hit-100000-in-10-years.html

Quote
Bitcoin could hit $100,000 in 10 years, says the analyst who correctly called its $2,000 price

Are these people who are speculating about the price of bitcoin has something to do with bitcoin? I'm sure of that they are really supporting bitcoin and they want to see the price of it pumping for their own purpose too. McAfee's prediction is unrealistic $500k for 3 years but he's a tech man and though I doubt it, it's a good numbers for showing his support to bitcoin. This $100k within 10 years seems realistic.
I think that just represent their thoughts and hopes, their belief in Bitcoin. It's a way they "project" their will into the reality.
49  Other / Off-topic / Re: TAIGA phone "protected security" on: September 24, 2017, 10:17:53 PM
The brand name is like in a joke:

50  Other / Off-topic / Re: How I wish our electricity charge is not that expensive! on: September 24, 2017, 10:12:15 PM
PoW must die! it's a relic of the past.
51  Economy / Speculation / Re: John McAfee: Bitcoin will go above 500k $ in 3 years on: September 24, 2017, 10:08:00 PM
one more

https://www.cnbc.com/2017/05/31/bitcoin-price-forecast-hit-100000-in-10-years.html

Quote
Bitcoin could hit $100,000 in 10 years, says the analyst who correctly called its $2,000 price
52  Other / Off-topic / Re: Android vs Window phones ....... on: September 24, 2017, 10:05:51 PM
Who uses windows phones? I never see that! Cheesy
I saw some ppl, but it's usually a second phone.
53  Other / Off-topic / Re: Tabs or Spaces? on: September 24, 2017, 10:01:56 PM
I chose spaces
why? What are your arguments?
54  Other / Off-topic / Re: Do you believe in aliens? on: September 24, 2017, 09:59:37 PM
I do not believe in aliens, I think its stupid and weird
aliens do the same, bro
55  Other / Off-topic / Re: Do you believe in aliens? on: September 20, 2017, 03:14:50 AM
If aliens uses cryptocurrencies - I do.
56  Other / Off-topic / Re: Riding Drunk? on: September 14, 2017, 09:34:06 PM
I tried it once on my Motorcycle. and my speed was only 20-30 kph. It's okay to be slow and get home safe, rather than being fast and be in an accident.  

only 20-30 kph. It's okay

be slow and get home safe

57  Other / Off-topic / Re: Riding Drunk? on: September 14, 2017, 05:50:31 PM
is there any person who thinks that riding drunk is funny?

if not, why there are so many drunk drivers in the world?
58  Economy / Speculation / Re: Bitcoin to 7000 HOT SEPTEMBER on: September 14, 2017, 05:49:04 PM
FUDers should stop fudding and should start buying at $3200 (pretty soon)
59  Other / Off-topic / Re: Android vs Window phones ....... on: September 14, 2017, 05:45:01 PM
android is best compare to windows it has good features
what features?
60  Economy / Speculation / Re: BITCOIN DUMP - CHINESE ARE OFFLOADING... on: September 14, 2017, 05:44:16 PM
BTC Its the end.
Cheesy It's the volatility, man!
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