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41  Economy / Economics / Re: USA is now number 2 on: December 12, 2014, 10:50:04 PM
China, Africa, Pakistan, India these are the places to be opening up shop right now. The EU and US are just toxic and negative environments. Plus regulation is very laxed in the emerging economies. Think USA during the industrial revolution when literally anyone with a brain could finangle some sort of "services" company and rake in millions. That is exactly whats happening in the emerging economies. Especially Africa, India and Pakistan
42  Alternate cryptocurrencies / Altcoin Discussion / Re: Ryan Pumper: Pumpers Picks (Updated Daily) on: December 12, 2014, 10:23:48 PM
I don't see why we're giving this scumbag troll the time of day

+1  

just ignore him. look at all of his posts.. an obvious troll is obvious.. bullshit talks, money walks.
There is a reason why everyone signs up with ryan week after week
43  Bitcoin / Bitcoin Discussion / Re: Daily BTC transactions number record broken on: December 06, 2014, 07:41:30 PM
increased merchants, increased adoption. this is why the number of transactions are going up. In 2015 the record will be smashed into pieces again. mark my words!
44  Bitcoin / Bitcoin Discussion / Re: A threat to Wall Street on: December 06, 2014, 07:40:10 PM
Nothing in the financial industry is a threat to wall street. They are liquidity providers not liquidity takers. Everyone in bitcoin is waiting for wall street to come because everyone knows that when that day finally comes where wall street is super bullish on bitcoin.......................


MOOOON!!
45  Alternate cryptocurrencies / Altcoin Discussion / Re: Ryan Pumper: Pumpers Picks (Updated Daily) on: December 06, 2014, 07:14:38 PM

looking forward to having another run with the squad this week, lets see what ryan pulls out of his hat this time



N2SH!! Welcome back lol
I suppose you'll be stacking the deck real high again this week Wink

I wish I could just up and take a break whenever I feel, I'll reach your level soon. Next week will be my third time with the team so I'm down to give you a run for your cash

46  Alternate cryptocurrencies / Altcoin Discussion / Re: Ryan Pumper: Pumpers Picks (Updated Daily) on: November 29, 2014, 07:52:12 PM
Opal is still going crazy  Grin Grin Cheesy
47  Alternate cryptocurrencies / Altcoin Discussion / Re: Ryan Pumper: Pumpers Picks (Updated Daily) on: November 17, 2014, 05:29:57 PM
I made 0.1 off NAUT,

Good communication by Ryan & the team members, I miss the IRC,

Edit: also, Ryan I sent you a number of PM's that you didn't respond to :/

yep the IRC is plush! I made .7 btc from one SLR trade on Sunday which isn't much when compared to everyone else, but looking to put my best foot forward this week to make even more.

P.S. also sent several messages Ryan? Would like join again for the week pls respond
48  Alternate cryptocurrencies / Altcoin Discussion / Re: Ryan Pumper: Pumpers Picks (Updated Daily) on: November 16, 2014, 10:23:38 AM
On the money as per usual. Good call on SLR .7 btc from one trade.



Just a little over a 75% profit actually Ryan Grin
49  Other / Politics & Society / Re: Cop arrests random girl, takes her cell, steals nudes on: November 10, 2014, 05:22:08 AM
It takes six years to learn the law but only six months to be handed a badge and a gun to enforce it
This is why there are checks and balances that prevent the police from giving sentences to people that allegedly break the law. 
50  Other / Politics & Society / Re: IRS claims it has LOST two years' worth of emails from former official Lerner on: November 10, 2014, 05:20:22 AM
I think, though that instead of endorsing a "spirit of hopelessness" as to the realistic ability to enact significant change and a return to the rule of law, various IRS and AJ officials should be targeted for impeachment.

I am not suggesting any targeting of people who cannot be shown or proven to engage in unlawful behavior, though.  Offhand I don't know if IRS officials remaining have evidence against them that rises to this level.

Holder and Lerner have fled.  Many others would (and should) and perhaps this would set an atmosphere in which these administrative agencies would do better than just grovel at the feet of the wanna be king.
It is not easy to impeach a government official. Even when the evidence is there, the process will turn out to be a political one and the democrats will likely try to stonewall any impeachment (as they have the investigation into the IRS) and would likely vote against impeachment regardless of any evidence presented.

This is not necessarily true.  You are suggesting that rank and file Democrats would line up and protect IRS administrators, who (assuming guilt for the minute) acted illegally although on suggestion to do so by the White House.

The guilt is of the IRS administrator strictly.

Democrats should fear the possibility that the next administration may well be Republican and would use the same tactics against them.  It is only necessary to pick up 60 votes in the Senate to do this. 

I view it as appropriate and just if in fact IRS adminstrators can be proven guilty.

This is very different than suggesting impeach Obama.
You are assuming that it was not high ranking officials that ordered the illegal investigations. You are also assuming that the rank-and-file democrats were not made aware of the investigations ahead of time.

The chairman of the committee investigating the IRS in the senate has essentially said that nothing happened
51  Bitcoin / Bitcoin Discussion / Re: Just throwing this out there. on: October 09, 2014, 03:35:21 AM
No market based on bitcoin is gonna work the only reason illegal services are at all viable with bitcoin is because of artificially high demand. People are willing to go through all the stupid bullshit to get some bitcoin to buy some Oxycontin but not for printer ink.

The problems are structural with bitcoin mostly it is not a currency, it has no market price which violates the regression theorem which means its not money and you cant base a marketplace on it. It would be like basing a marketplace on rare paintings.

Over time as more people start to use the price of bitcoin will start to be more stable which will take care of this issue
52  Bitcoin / Bitcoin Discussion / Re: Has anyone tried vanilla visa with circle? on: October 09, 2014, 03:31:17 AM
I have read that prepaid credit cards do not work with circle.

I do understand this logic as there is no identity generally linked to a prepaid card so they would have no way to make sure you are actually the person authorized to use the card
53  Bitcoin / Bitcoin Discussion / Re: Andreas Antonopoulos kicked asses at the Canadian SENATE! on: October 09, 2014, 03:24:55 AM
When he makes a good point (or points) it does not matter who his audience is (as long as they are smart enough to understand what he is saying) they will agree with him.

I have seen the video and believe that he did a very good job of delivery of his message.
54  Bitcoin / Bitcoin Discussion / Re: bitcoin is a scam on: October 09, 2014, 03:20:03 AM
bitcoin is a scam. when bitcoin prices are low, everything gets jacked up to like 80 bitcoins. when bitcoin is high, everything gets lowered to like 0.15. wtf is the point when you can use real money? wtf are you mining? did you literally buy a computer server for somebody else and think you're getting your money back when they give you like 5 bucks a month ahah.. good luck. what a bunch of bullshit.

You realize because you were too cowardly to post with your main account, your words mean nothing?   Undecided
The OP's word does not mean anything one way or another. What he is saying does not contain any logic. It is nothing more then a bunch a random sentences that do not even make any sense
55  Bitcoin / Mining speculation / Re: Negative Difficulty (Difficulty DEcrease) on: October 09, 2014, 03:06:02 AM
it seems an average of 5% increase, and i cant understand, how difficulty is still increasing with these btc prices.
Because people are still adding hash to the network.  Those with cheap electricity and cheap hardware still turn a profit even at the decreased price of BTC.
In order for miners to continue to be profitable on an operating basis they will need to have ever additional cheap electricity as difficulty increases, and this is exaggerated as the price of bitcoin goes down. Miners will also be hesistant to add additional capacity to their farms as the price of bitcoin goes down as the lower the price of bitcoin is the less of a chance they will be able to ROI on their additional investment
56  Bitcoin / Mining speculation / Re: Mining no longer viable even at the industrial level on: October 09, 2014, 02:04:13 AM
A newbie posting links to Dropbox. Suspicious.
Even if it is not malware it could potentially leak your IP address, which the forum tries to prevent.

Either way, commercial mining is generally profitable as it is not very expensive to produce miners once the R/D has been paid for
57  Bitcoin / Mining speculation / Re: Next difficulty increase? on: October 09, 2014, 02:01:05 AM
We had a drop in the hash rate for about two weeks. That's why it's taking slightly longer to get the required number of blocks. Then the hash rate went way up. No idea why. Maybe one of the big mining farms was doing an equipment upgrade and shut down for the changeout.  The difficulty adjustment tomorrow will probably be 1-2%, much smaller than last time.

I wonder if the drop was when Butterfly labs was shut down by the US government but then given the ok to run limited again. Maybe their server farm was down for that time but is back up now.
It is possible, but it is also possible that it has to do with the price falling as it is potentially not unprofitable to continue to mine at current levels after electric expenses are taken into consideration
58  Bitcoin / Mining speculation / Re: GAW Miners on: October 09, 2014, 01:53:47 AM
gaw miners takes half of what you mine and keeps it for themselves

Today at 2:50 PM   Payout   0.00040279 BTC   
Today at 2:50 PM   Maintenance Fee      -0.00023176 BTC
Today at 2:50 PM   Payout   0.00037339 BTC   
Today at 2:50 PM   Maintenance Fee      -0.00023176 BTC

worst customer service ever....if you believe they are legit try going on there hashtalk site and pointing out to them that they are taking half of your mining profits. they will ban you so fast. the whole site is fake posotive trolling. they list there fees by the day, like 8 cents a day per gh (insane) which is double the price of residential electric and if u had 30 gh you would be paying double plus buying them a hashlet per month...sorry buy that is more than maintenance fees. its a rip off
It is not really accurate to say they are keeping the maintenance fee to themselves. This is what they charge to keep your miners running, mainly electricity. As mentioned above, the BTC amount of your fee will depend on the price of bitcoin as they have to pay their bills in terms of dollars.

You should also remember that they continue to put more efficient miners on their pool, making the maintenance fee go down over time
59  Bitcoin / Bitcoin Discussion / Re: PETITION AMAZON: 4,344 have signed, 656 more to make 5000! on: October 09, 2014, 01:45:26 AM
It would be silly if we think this can change Amazon's opinion toward Bitcoin, even if this petition can reach 50,000.

Trying browsing "Recent" section, you'll see all the "petition sites" are full of stupid demands.
We don't know what Amazon's opinion of Bitcoin is, apart from speculating about it. This could be a gauge of interest.
You would need a lot more then 5k signatures to get amazon to know that there is serious interest in people paying with bitcoin on their website. They selling items to millions of people every day and if they sold items to 5,000 users every day in bitcoin it would probably not even be worth their time

for every person that signs, 10 more would use but did not sign.

So its more like 50K people would use.
Even 50k signatures (or potential customers) would be nothing to amazon. They have millions of people that buy from them every day. 50k people buying from amazon would mean they would make up ~5% of their daily sales, but all 50k would likely not buy something from them every day
60  Bitcoin / Bitcoin Discussion / Re: Can I create a Bitcoin address with pen and paper ? on: October 09, 2014, 01:39:51 AM
Technically it is possible however is not advised to do so. In order to calculate (create) a bitcoin address you will first need to think of (generate) a very large random number (people are very bad at being random so your number will likely not be random). From there you will need to convert it to (I believe) Hex 16 format, this is your private key. From there you will need to apply a very complex equation to get your public address. This is where the greatest danger likely lies, as you have the potential to make a mistake and if you do there is a good chance that you would end up giving someone an address that you do not control the private key to
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