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401  Alternate cryptocurrencies / Altcoin Discussion / Re: Platform for Alt Coins on: June 09, 2017, 10:01:59 PM
The following post on Coinbase shows the concept of ethereum based tokens: https://blog.coinbase.com/a-beginners-guide-to-ethereum-tokens-fbd5611fe30b

Thanks for the link dude.  Very helpful.  So other cryptocurrencies that run on the Ethereum platform do increase the demand for ether.  Given this dependency for most alt coins, it looks like Ethereum will be the foundation and have increasing demand.
There’s a bunch of coins that are kind of with Ethereum now since the price of it is going up. I remember there was a bunch of people in this section talking about how ETH was a scam and to not buy into it because the price of it was going to dump, now the price of a single ETH is over $200.00.


I didn't really get too involved with alt coins until recently.  But if a bunch of other alt coins are dependent on Ethereum...I see it as being a good foundation for demand, even if the actual demand is indirectly tied to it.

I have a lot to learn, but basically want to see if the increase in price is justified and practical, or more speculative.
402  Economy / Gambling discussion / Re: UFC 212: Aldo vs Holloway Info and Prediction Thread on: June 09, 2017, 03:56:48 PM
@freeyourmind. I do not think Dana White is only like an employee now. He still has an interest of 9% of profits made by the company. He also still runs the show and has the power to make the decisions on matchmaking and other deals. 

Yeah you're right.  I know he sold his 9% share, but didn't know he still received 9% of future profits without that share in the company.  I stand corrected.

Although he definitely has different objectives, so it's not him totally running the show.  The UFC is run very differently before and after the sale.  It's about max viewership now, so fighters that are skilled and not the most popular, don't really get many opportunities.  We can see the behaviour of fighters changing, and artificially talking shit and being their own version of Conor to try and get some attention and viewership.

Im pretty sure White is very well off and retired for life, he will keep getting dividends from the company. I only see the UFC going higher and eventually will be able to get massive paydays for the fighters boxing style.

It depends on how good the fights are, it all comes down to that. If they give us the fights we want it will be a success.

He was supposed to get 360 million for selling his share to WME, and he was likely quite well off even before the sale.  Without having a well run fighters union OR legit competition in MMA, they pay isn't going to be like boxing.  Bellator would need to grow some more and directly compete with the UFC as a premiere organization, and then maybe they'll need to bid the price up on fighters.  Right now, unless you're one of the top handful of fighters/champions, you're probably not breaking 200k per fight.
403  Economy / Gambling discussion / Re: UFC 212: Aldo vs Holloway Info and Prediction Thread on: June 09, 2017, 06:03:21 AM
@freeyourmind. I do not think Dana White is only like an employee now. He still has an interest of 9% of profits made by the company. He also still runs the show and has the power to make the decisions on matchmaking and other deals. 

Yeah you're right.  I know he sold his 9% share, but didn't know he still received 9% of future profits without that share in the company.  I stand corrected.

Although he definitely has different objectives, so it's not him totally running the show.  The UFC is run very differently before and after the sale.  It's about max viewership now, so fighters that are skilled and not the most popular, don't really get many opportunities.  We can see the behaviour of fighters changing, and artificially talking shit and being their own version of Conor to try and get some attention and viewership.
404  Economy / Economics / Re: The Real Reason to Hold Gold And Bitcoin on: June 09, 2017, 04:10:30 AM

So here's the problem with this alliance.  When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers.  The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument.  The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust.  In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers.


Which financial assets are you referring to?  And what would be the catalyst for such a collapse?

Ron Paul has also been publicly against the current monetary system.

Also, at the moment just to put this into perspective, Bitcoin has a market cap of 46 billion USD.  QE3 was printing 80 billion USD / month.  So at the moment, the fiat system could easily swallow up the market (obviously if they did this, the price would rise significantly, but you get the point).  When you have the ability to create as much USD as you want, you can potentially purchase significant portions of cryptocurrencies.
405  Economy / Economics / Re: Think about this: Is crypto a bubble.... or is fiat a bubble ? on: June 09, 2017, 03:36:54 AM
Maybe a repeated question ? Not sure...

Just simple economics, no need to get very deep into this question.

USD (as an example, could be other currency) has no limit, nothing scarce, it has value because people believe in it, it has history and is issued by an entity that is loosing the trust once had.

In the other hand, any crypto currency is limited, it's scarce, it's been almost 10 years since the creation and you can trust the technology.

Why is this still not worth trillions ?

There are forced transactions on fiat currencies (like the USD) which artificially increase demand substantially.  In the states, all taxes must be paid in the national currency.  Which means that the default currency for a business to use is going to be the national currency.  Personal taxes and property taxes need to be paid in the national currency.  So unless you are a currency trader, the default is to just use the national currency.  People that don't know shit about currencies will use the national currency.

There are no forced transactions in cryptocurrencies.  They are an alternative to fiat, and are optional.  So you need to go out of your way to get a hold of it and use it.  It will take time for those advantages to become clear, and for the infrastructure to be such that it is the currency of choice.  If I have Bitcoin in Canada, where I live, I can't go into a store and buy anything.  It's almost useless locally, unless you interact with another Bitcoin fan.  The products and services that I need are sold in fiat, so that's what I need to use.  Once Bitcoin adoption proliferates, then we can actually use it in day to day activities, and the demand will raise the price vs. fiat.
406  Economy / Economics / Re: USD vs BTC on: June 09, 2017, 01:07:04 AM
In the black market bitcoin is more popular than bitcoin, just look at how many hackers and sellers of illegal goods like drugs use bitcoin as a means of transaction, is very unfortunate, but that's the fact, I hope bitcoin is not used for illegal acts
I am pretty sure that you are only stating on the Internet’s Black Market because the money flowing in that is nothing compared to the regular Black Market that is going on beyond the computer. If Bitcoin was much larger than the regular Black Market then people would not need to exchange their Bitcoins for another currency because Bitcoin would be the main exchange for such products. Bitcoin is nowhere close to that level yet and it would be a tough goal to attain.


It's kind of unclear, but I think arcanayou is saying that there are more bitcoin transactions in the black market vs. legal bitcoin transactions...?  Not sure if that's true.

But why would you hope that Bitcoin is not used for "illegal acts"?  That would essentially lower the demand for Bitcoin and lower the price as a result.  People want the demand for Bitcoin to increase, but only the type of demand that they're comfortable with lol. 
407  Alternate cryptocurrencies / Altcoin Discussion / Re: Platform for Alt Coins on: June 09, 2017, 12:31:25 AM
The following post on Coinbase shows the concept of ethereum based tokens: https://blog.coinbase.com/a-beginners-guide-to-ethereum-tokens-fbd5611fe30b

Thanks for the link dude.  Very helpful.  So other cryptocurrencies that run on the Ethereum platform do increase the demand for ether.  Given this dependency for most alt coins, it looks like Ethereum will be the foundation and have increasing demand.
408  Economy / Gambling discussion / Re: UFC 212: Aldo vs Holloway Info and Prediction Thread on: June 08, 2017, 06:36:52 PM
Regarding Jose Aldo, my personal opinions say that somewhere in his career in UFC, I suspect that does PEDs in the Chad Mendes(another suspected steroids user-his body is screaming with steroids. LOL) fight. I think he likely stop using PEDs in the McGregor fight and the fight with Max Holloway.
You can only speculate whether he was doing that or not,with the loss to McGregor, Aldo is a different fighter,he never landed any leg kicks and his game plan for the entire fight was just stupid and it is a well known fact that Jose Aldo does not have a great stamina and that is how the match ended,he was explosive and aggressive when the busted into the scene,i would like to see that version of Aldo in future fights .

Yes. It seems that he's lost to McGregor was still in his mind. That lost really took a tool of Jose Aldo. He is still a skilled fighter no doubt, but it looks like its more on a mental for him. Its like a skeleton on his closet really. I'm also hope that Jose Aldo can go back to his old version, but I doubt it. He needs to get a win to boost his confidence. A really good win against top player to be in the contention again.

Conor McGregor already destroyed the soul of Jose Aldo as a fighter on their last match, in that day Aldo's era has ended. He came back after the that loss and fought with Frankie Edgar (win via unanimous decision), still his prime is not fading. I watched Aldo's interview after the loss to Max Holloway he said "We go down so we can get back up'", I hope to see the classic Aldo in the future.      

Conor will enjoy his unbeatable aura for as long as he doesn't come back into the UFC.

Honestly I think his career is over. He will fight Floyd, get 9 figures, then come back to the UFC to:

1) Fight Khabib
2) Fight Fergusson
3) Fight Woodley

All of these guys can beat him, it could be ugly if he goes into the floor with Khabib, or Woodley due the weight difference.

I hope I can be proved wrong, and if someone can prove me wrong and do incredible things then that has to be McGregor.

I'm interested to see Connor fight Khabib. Hard core fight fans has been calling this fight to happen in more than a year. Khabib has been holding one of the longest winnings(undefeated) in the UFC. I hope Khabib can recover back and fight either Ferguson for the interim belt of fight Connor just for the sake of seeing who will be the top dog of Lightweight division.

Dana White is a businessman and knows Conor McGregor is the UFC cashcow. If he fights Khabib, he is risking his cashcow. Look at Ronda Rousey, she was a solid cashcow, now her career is over.

But like I said before, all of his possible fights (that the fans want to watch) are an huge risk for Conor.

Woodley, Khabib, Ferguson... lets see how Conor handles that.

That's true, but after the UFC has been sold to WME, Dana no longer has equity in the company as far as I know.  He's just an employee now that agreed to continue to run the show.  WME definitely has an objective of max revenue over being a fair sport.

In terms of Conor though...the real money is with the Mayweather fight...the other UFC fights won't be anything close to that.
409  Alternate cryptocurrencies / Altcoin Discussion / Platform for Alt Coins on: June 08, 2017, 06:32:32 PM
Alt coins all run on a platform, most of which run on Ethereum.

Can someone explain how this works?  At the end of the day, I'd like to know if alt coins that run on the Ethereum platform increase demand for the currency itself, or if it just runs on a similar architecture?

Even if you have a link with the info, that would be helpful.

Cheers.
410  Bitcoin / Bitcoin Discussion / Re: What are your thoughts for Bitcoin in 2017? on: June 08, 2017, 04:19:00 AM
It looks like the entire cryptocurrency market is getting a lot of attention this year.  With the popularity rising for other cryptocurrencies, it may take away from the demand that would normally default to Bitcoin.
411  Economy / Economics / Re: Bitcoin reduces unemployment on: June 07, 2017, 10:45:39 PM
I don't believe that bitcoin reduces unemployment. It has provided an additional earning opportunity through the different promotion programs that pay in terms of bitcoin and other altcoins as well ICO tokens.
but I am sure about the fact that bitcoin has reduce unemployment, I have a personal evidence about that, I have some friends who were unemployment in real life. I just thought them about bitcoin and they invested a little amount in trading altcoin, now I it too much happy to hear that they are really earning a good amount of bitcoin and I am feeling proud to say that bitcoin has really changed their life style.

Good for you and your friends.

As for the actual "unemployment" number reported.  Unless anyone is reporting their income from Bitcoin, they're not going to be categorized as "employed".  In the situations where someone had a job and quit in order to pursue Bitcoin opportunities, they may actually increase the unemployment rate.

As for the real unemployment (not how the US calculates it) I would think there would be opportunities for people that otherwise wouldn't have them.
412  Economy / Gambling discussion / UFC Fight Night June 10 - Lewis vs. Hunt predictions on: June 07, 2017, 10:22:57 PM
Thought I'd get this started since the card is in a couple days.


Main Card

- Lewis vs. Hunt (Main Event)
- Brunson vs. Kelly
- Hooker vs. Pearson
- Cutelaba vs. da Silva
- Elliott vs. Nguyen
- Volkanovski vs. Hirota

Not the greatest card, but it's just a fight night.  With Lewis and Hunt, I'd be surprised if someone doesn't get knocked out.  Other than that, I'm only interested to see Tim Elliott.  I thought he had a great performance against DJ, so I've put a couple dollars on him.

Let's see your predictions.
413  Economy / Gambling discussion / Re: UFC 212: Aldo vs Holloway Info and Prediction Thread on: June 07, 2017, 08:37:23 PM
Regarding Jose Aldo, my personal opinions say that somewhere in his career in UFC, I suspect that does PEDs in the Chad Mendes(another suspected steroids user-his body is screaming with steroids. LOL) fight. I think he likely stop using PEDs in the McGregor fight and the fight with Max Holloway.
You can only speculate whether he was doing that or not,with the loss to McGregor, Aldo is a different fighter,he never landed any leg kicks and his game plan for the entire fight was just stupid and it is a well known fact that Jose Aldo does not have a great stamina and that is how the match ended,he was explosive and aggressive when the busted into the scene,i would like to see that version of Aldo in future fights .

Yes. It seems that he's lost to McGregor was still in his mind. That lost really took a tool of Jose Aldo. He is still a skilled fighter no doubt, but it looks like its more on a mental for him. Its like a skeleton on his closet really. I'm also hope that Jose Aldo can go back to his old version, but I doubt it. He needs to get a win to boost his confidence. A really good win against top player to be in the contention again.

Conor McGregor already destroyed the soul of Jose Aldo as a fighter on their last match, in that day Aldo's era has ended. He came back after the that loss and fought with Frankie Edgar (win via unanimous decision), still his prime is not fading. I watched Aldo's interview after the loss to Max Holloway he said "We go down so we can get back up'", I hope to see the classic Aldo in the future.      

Conor will enjoy his unbeatable aura for as long as he doesn't come back into the UFC.

Honestly I think his career is over. He will fight Floyd, get 9 figures, then come back to the UFC to:

1) Fight Khabib
2) Fight Fergusson
3) Fight Woodley

All of these guys can beat him, it could be ugly if he goes into the floor with Khabib, or Woodley due the weight difference.

I hope I can be proved wrong, and if someone can prove me wrong and do incredible things then that has to be McGregor.

I'm interested to see Connor fight Khabib. Hard core fight fans has been calling this fight to happen in more than a year. Khabib has been holding one of the longest winnings(undefeated) in the UFC. I hope Khabib can recover back and fight either Ferguson for the interim belt of fight Connor just for the sake of seeing who will be the top dog of Lightweight division.

I don't think Khabib will get to fight Conor for his next fight.  Since he unfortunately had to pull out of the Ferguson fight, I think that Tony would be next in line for the title fight.  But rankings and giving the fight to who's most deserving isn't really how the UFC operates anymore, and especially with Conor.

Let's see if the Mayweather fight even happens.  I think the lightweight division will be on pause until we know whether or not that fight is going to happen.
414  Bitcoin / Bitcoin Discussion / Re: Criminality and Bitcoin on: June 07, 2017, 08:28:04 PM
Why they are only looking at the possibility of bitcoin being used for criminality or any related violence funding? Criminality acts are even existing bitcoin is not yet created. And they are only taking advantage bitcoin for it's anonymity so they found a way for supporting their criminality.

What do you mean "only" for bitcoin and criminal activity?

It is seen as a whole bunch of things, like a way of transferring money, making payments for purchases, store of value, investment, etc.

It's meant to provide an alternative to the traditional banking system, so if it's used for criminal activity, know that the criminal activity that has utilized Bitcoin is partly responsible for the increase in demand and price.
415  Economy / Gambling discussion / Re: UFC 212: Aldo vs Holloway Info and Prediction Thread on: June 07, 2017, 04:11:34 AM
Regarding Jose Aldo, my personal opinions say that somewhere in his career in UFC, I suspect that does PEDs in the Chad Mendes(another suspected steroids user-his body is screaming with steroids. LOL) fight. I think he likely stop using PEDs in the McGregor fight and the fight with Max Holloway.
You can only speculate whether he was doing that or not,with the loss to McGregor, Aldo is a different fighter,he never landed any leg kicks and his game plan for the entire fight was just stupid and it is a well known fact that Jose Aldo does not have a great stamina and that is how the match ended,he was explosive and aggressive when the busted into the scene,i would like to see that version of Aldo in future fights .

Yes. It seems that he's lost to McGregor was still in his mind. That lost really took a tool of Jose Aldo. He is still a skilled fighter no doubt, but it looks like its more on a mental for him. Its like a skeleton on his closet really. I'm also hope that Jose Aldo can go back to his old version, but I doubt it. He needs to get a win to boost his confidence. A really good win against top player to be in the contention again.

Conor McGregor already destroyed the soul of Jose Aldo as a fighter on their last match, in that day Aldo's era has ended. He came back after the that loss and fought with Frankie Edgar (win via unanimous decision), still his prime is not fading. I watched Aldo's interview after the loss to Max Holloway he said "We go down so we can get back up'", I hope to see the classic Aldo in the future.     

The other thing is they don't allow you to rehydrate with IV's after the weigh-in, and Aldo looks like he cuts a lot to make weight.  It's going to be very tough for him to climb back to the top in my opinion.  Not because I doubt his skill (although he'll have to regain his self-confidence), but because his opponents will be much more confident after seeing his vulnerability vs. before he fought Conor and he looked invincible to an opponent.
416  Economy / Gambling discussion / Re: UFC 212: Aldo vs Holloway Info and Prediction Thread on: June 06, 2017, 08:46:46 PM
@freeyourmind that is one nasty pic,was having my food when i saw that snap and voila i was about to vomit seeing that. Sad
They are professional athletes and they could not care about their body,strange attitude
@ if you are talking about drug abuse every athlete was on juice and it all started in athletics and body building and then it translated to other sports and even now Japanese promotion fighters are juiced to the gills as they want spectacle rather than a sporting event. I am not a fan of Aldo's preparation as half of his in ring bouts are over within his camp as they engage in hard sparring session like in the real fight and that could take a toll in the body and with a relative small age of 30,it looks like his reign is over.

lol sorry dude...I sometimes do have that effect on people  Cheesy

I think the fighters definitely do care about their bodies...however they have a very "tough" mentality at the same time, which means you're going to address issues very late.  Most of them just tough through it, and depending on the type of injury or issue they have, might work some of the time.  Other stuff definitely requires medical attention...like the staff infection he had.
417  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [STJ] STORJ Token Sale :: 19th May - 19th June on: June 06, 2017, 08:23:54 PM
How much are the farmers who are going to rent their hard drive space and bandwidth earn with this whole arrangement and what process do I need to follow to become a farmer.

Earnings are difficult to estimate, they depend on several variables, you can check out the latest payouts on Rocket Chat (https://community.storj.io) in the #payouts channel.
Anyone can be a farmer just need to download the software for your machine, specify a payout address, a data folder, and get farming.

Storj Share GUI: https://github.com/Storj/storjshare-gui/releases

That's all you need to get started or may want to use the CLI version, also on GitHub.





I am currently downloading your software and see how much tokens i will be able to earn and am i earning by only renting the hard drive and bandwidth or there are other variables am not aware about, please clarify that for me please.Thanks

I'm interested to hear about what the income generation is like on a personal computer / laptop.  I have 2 regular laptops that I could potentially use for this if the returns are decent. Smiley
418  Economy / Gambling discussion / Re: UFC 212: Aldo vs Holloway Info and Prediction Thread on: June 06, 2017, 04:18:19 AM
No one keeps records on the negative effects of PED's afaik but Kimbo Slice & Kevin Randleman dying prematurely at relatively young ages could be because of steroids. A lot of professional WWE/WWF wrestlers have also died young from steroid/drug abuse. I hope those who feel tempted to take steroids think twice, it can have a lot of negative long term consequences.
You really cannot confirm the death of Randleman and Kimbo is solely because of PED use,look at the fights they have being it can be because of long term trauma ,you can only speculate about it,most of the WWE starts your mentioned died young because of the drug abuse ,mainly synthetic and other drugs and a mixture of PED to ripe their body,those combinations are deadly.

There is more to it than just steroids.  Almost all fighters also have multiple concussions.  Randleman had nasty staff infections as well.

Check this out:


419  Economy / Gambling discussion / Re: UFC 212: Aldo vs Holloway Info and Prediction Thread on: June 05, 2017, 07:07:50 PM
No words to describe my frustration,i think it is time for Aldo to change the camp if he wants to improve and have a real strategy ,people are studying his game for a long time and for the first two rounds he was managing to win the rounds,he did not throw one leg kick which really surprised me and in the third round it is all over,the reign is over for good,huge loss in my bets too.

Hmmm. The way I analyzed it, seems to me the new breed of UFC fighters are emerging. Jose Aldo has been a very good fighter. But now new fighters are raising the bar, like Holloway, that keeps some very extra-ordinary fighters be like ordinary now. Look at what happened to Ronda. They have already caught up with Ronda and she looks like just a ordinary fighter now. Same as Robbie Lawler, Anthony Pettis and now Aldo.
Only one I'm seeing is Mighty Mouse and Jon Jones (but we have to see it if he fight next). Fighters are really notching one level above and we are seeing a new wave of fighter making those ex-champs obsolete, if I may say.

Well of course your thoughts are very much appreciated. I'm just calling it the way I see the UFC fighters now. Evolving.

The game is definitely elevating over time, and in reality it's super tough to be champion for so long.  GSP went into retirement from the stress of being champion for so many years.

I think Ronda had a bit of a different situation because of her persona in the ring, as a killer.  Female fighters were highly intimidated by her and couldn't properly execute their game plan.  Holly was the first to expose how bad her footwork is when boxing.  Probably the worst footwork in the UFC, but she knocked out Bethe Correia so people thought she was a great boxer.  Holly picked her apart, and then that "immortal" persona went out the window.  Boxing mitts and actually fighting are so different.  She's great at hitting mitts with Edmond "head movement" Tarverdyan lol.

Aldo really relies on his reflexes, quickness, explosiveness and power....which doesn't usually translate into aging well as a fighter.  Those things are only going to slow down with time.
420  Economy / Gambling discussion / Re: UFC 212: Aldo vs Holloway Info and Prediction Thread on: June 04, 2017, 06:13:13 PM
yup weird he didnt throw one leg kick he needed to slow max down for the later rounds

Yup.  And wtf, Aldo got tired by the third round?  He has more championship rounds experience than Holloway.  It's really surprising.

So who's next for Holloway?  Edgar?  The division just got boring.

Maybe Aldo wants to proved something here by going toe to toe and not using his vaunted leg kick to his advantage. Well its pretty solid division to me. We still have Frankie Edgar, who should get his title shot after defeating Yair earlier. And then we have Ricardo Llamas, Cub Swanson and Anthony Pettis in the line.

Aldo is known for fading a bit (not badly) in the later rounds regardless of his championship experience.  Tough to be so explosive and keep great cardio.  Whereas Holloway always has great cardio.

Edgar and Swanson should battle it out for the next title fight.

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