Corporate welfare and money printing is the inevitable result of the monetary market system. You're making arguments against yourself.
I like how you always dodge my responses and come up with a new point. Its a very shady tactic to avoid my arguments ,because you know that you are not consistent, and cannot address my points logically. Welfare is welfare, and its wrong, no matter who gets it. Yes money printing is wrong, but it's a necessity for socialism, because you always run out of other people's money. Now I dont know what is the difference between RBE and classic socialism, but i suspect that any form of "unnatural" organization of the human society will require tons of capital, and will probably end up printing money too. It's a waste. I saw a documentary about the Venus Project a few years ago, and it was really presented nicely like an utopia, but there is always 1 question about any new economic model. Who will enforce it? And from what money will they enforce it? And if the utopia gets too fantasy based, then you cannot have a solid economy built on it.Thus I hardly suspect that the RBE , Venus, or whatever you call it, will also use fiat printed money. (so it will be the same system as we have now) |
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I don't believe this variant. The supposed hacked exchanges have nothing to do with the price of bitcoin. Can you explain how this is possible? There are to many factors that affect the price of bitcoin but the reason give by you is not true.
They have everything to do with it. What do you think the hackers do with that money? They go and sell it in another exchange, and thus decreasing the BTC price. There are 10 months that the price is in those levels. No one exchange has or have to much money to last so long the selling of those (the hacked supposed ones). So the hacked money must be finished now (if hacked). Must be sold already. Supposed with the low price. And supposed time ago was finished this selling. Why the price don't go high again? Ok but there were some scams before that too, and after. There is a minor heist every week in the bitcoin community, ranging from 50-500 BTC, and its probable that those scammers exchange it to fiat as soon as possible. Add up all heists, scams, robberies, hacks, and other frauds, and you can see that the majority of those get sold and they have the big downward pressure in the price. Plus the reaction of the other traders to these. I mean things like these make bitcoin less trustable, so the price will go down anyway. |
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I don't believe this variant. The supposed hacked exchanges have nothing to do with the price of bitcoin. Can you explain how this is possible? There are to many factors that affect the price of bitcoin but the reason give by you is not true.
They have everything to do with it. What do you think the hackers do with that money? They go and sell it in another exchange, and thus decreasing the BTC price. |
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The market system forces people to participate in a forced artificial labor for income/survival. How is that not tyranny?
Lol, thats is called life. WTF. I mean what do you expect? Just watch TV all day and let other people go to work and then being robbed to pay your welfares? People have always worked for their income. The cavemen went to go hunt mamooths for their survival. Imagine a socialist world in the era of the cavemen. Lazy cavemen just sitting in their caves rubbing their balls, while the others would go hunt the mamooth and they were forced to share the food. Its really crazy. All you socialists/communists are crazy. People do have to have some individuality, you just cant expect others to work for you and share it with others, or atleast not by force, but only if they choose to do so. ______________- If the income tax is 50% in your country then, you rob away 50% of the working class's money just so that some welfare lazy people could live for free. Now that is not very egalitarian. Basically the only way to keep checks and balances in power, is to let everybody participate in the economy,[...]
But, as RBE proponents already have pointed out, how will the free market cope with technological unemployment, where not the entire workforce is necessary for running an advanced society - think a robot able to serve and construct a thousand robots able to serve and construct a million robots ... I already pointed that out in another thread. Basically if the technology would be very advanced, and there would be no fiat currency. Then prices would be so low, that you could get the richest and best lifestyle you`d want for a few pennies. High technology creates abundance of resources, abundance of products and abundance of services. Basically if you could get a few pennies, you could get the best items. This is very visible today,even with fiat crap. Even the poorest person has access to the internet, clothes, pure water, basic food, mobile phone, and other services. A 1000 years ago, the poorest would been lucky if he had 1 cloth and some basic food. And we are 7.2 billion today, and we have this, back then there were a few million people only, and didnt had basic stuff. Yes, it becomes cheaper for those earning money - stratifying and increasing the income gap - but for the others, it matters not how much prices drop, since they are not part of the economy, and therefore earns nothing, making them dependent on welfare or other drastic life-saving measures. No thats not true, the income gap is already maximized. Heck the rich can print their own money, how wider can it get? Why not just let other people raise to higher income levels and then thing will be far more equal than this. In fact there is scientific documentation that the income gap is caused by welfare & money printing. |
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When you gamble, Make your own rules, and FOLLOW them strictly.
I have a lot of rules when I gamble, I have "fun" money whether it be bitcoin or cash. I don't ever lose more than that what I had set aside for the fun money.
Also-know when to quit when you are ahead, I don't ever set a goal for how much I want to be up, because if you are so close to that amount, you might never hit it and then be out of money. Usually depends on the situation, but if I hit a couple lucky runs, I will say, ok, I am going to be up this amount no matter what, and replace my fun money with profits, so that even if I lose, I still maintain my profit.
Use gambling as a time for fun, don't try to get rich out of it.
But you stil have the option to get rich. I was just looking around casinos, some of them have very tight edge, so its not unrealistic, with a bit of luck of course. These guys are winning 200-300 BTC, constantly, man the big bucks are always at the casino. Yes the house wins slowly, but if you are a whale you can win big, just like those guys. Or you can just play some poker. |
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Instinctively, humans cooperate to survive. It is the artificial pressures of competition and scarcity produced by the market that make them behave in ways that harm others for their own benefit.
There is no free market, something you don't seem to understand. We are all subject to the natural and physical laws of this universe and bound by the resources available to us on this planet. Capitalism depletes and destroys these resources at an ever increasing rate, making the planet inhospitable and humanity unsustainable. If we manage to alter our values and behavior sooner rather than later, we may be able to survive as a species.
Moreover, since there is no free market, the market will always tend to become controlled by monopolies or cartels for their own benefit. There is no way to stop this outcome. Humans organize and cooperate, and in accordance with the distorted values and artificial pressures produced by the market, people will behave in a way that benefits themselves over others. Your dreaded state and regulators will always exist in the context of a market.
You can appeal to the past all you want, but what you don't want to understand is that we live in the present and will continue to live in the future. The tendencies of the market are well understood now and we know that they don't work for everyone and are destructive to the planet. Please start thinking and learning beyond what you've been told by the system and investigate something that can help make the world a better place for all people.
They cooperate to survive, but they only cooperate when their goals are the same, so survival is a common goal, but most of their goals are personal. Most of the time humans compete, sorry competition is a natural instinct. Have you even been to a party? A party is a very social event, you could say that people go there to cooperate to have fun. Yet, what you see is that the dominant males compete to get the best women there. If the male is not good looking or rich enough, he will hardly get any good looking woman. So how you resolve that? Put a law where every hot woman to have sex with fat ugly man just to not discriminate fat guys? That would be fair right? Well it would be forced rape.So in the same way when you take taxes from people who worked for it, to give it to people who dont work for it, is also forced theft.You see, if you dont have competition, then people would naturally dont do certain things. Now a hot woman could have sex with a fat guy if she choose so, or a rich person could donate to charity, but you cannot force them to do so.If you do use force, then that society would end up in a nightmare tyrrany. |
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Well I havent saw any notice or message that would notify me about that issue. So at best its very hard for average people to operate the client. No It hasnt finished syncing, i`m still at 76%   This takes very very very long time, plus the advices are useless now because i have deleted the old DB so i have to redownload it again... |
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Basically the only way to keep checks and balances in power, is to let everybody participate in the economy,[...]
But, as RBE proponents already have pointed out, how will the free market cope with technological unemployment, where not the entire workforce is necessary for running an advanced society - think a robot able to serve and construct a thousand robots able to serve and construct a million robots ... I already pointed that out in another thread. Basically if the technology would be very advanced, and there would be no fiat currency. Then prices would be so low, that you could get the richest and best lifestyle you`d want for a few pennies. High technology creates abundance of resources, abundance of products and abundance of services. Basically if you could get a few pennies, you could get the best items. This is very visible today,even with fiat crap. Even the poorest person has access to the internet, clothes, pure water, basic food, mobile phone, and other services. A 1000 years ago, the poorest would been lucky if he had 1 cloth and some basic food. And we are 7.2 billion today, and we have this, back then there were a few million people only, and didnt had basic stuff. |
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There is one tried and true way governments can integrate bitcoin and still keep their power, at least for a while: ....
...There are a lot of possibilities, but the basic idea would be the same.
One of the most important posts on Bitcointalk. Pay attention, imho. I`m afraid of that scenario really. They could do the same thing as they did with gold. They create a paper currency 100% backed by bitcoin & redeemable in bitcoin. Then they decrease the backing to 90%, then 50%, then 10%, then 0%, and create a fake bitcoin paper fiat currency, that would end up just like the current ones. But in the meantime it would surpress bitcoin's growth and price. Just like the gold price is surpressed now with all the certificates and paper derivatives. However, given that we live in a more and more digital age, this would not work as efficiently as previous fiat schemes. Most people would use the real bitcoin (not me) |
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I advocate no utopia. I merely understand and point out that people are molded by their environment and respond to the biopsychosocial pressures that they develop with and exist under.
So then you also understand that instinctively humans are darwinists, and the powerful will always opress the weak, which you are exactly against it, yet if you have no boundaries, this will happen exactly, and more viciously than before. In the context of a monetary market economy, where all rules are predicated upon "rational self maximizing" participants, the values and incentives are distorted in such a way that it causes people to behave so abjectly against their self interest that it is ultimately destructive to the individual and the environment.
Yes capitalism could turn loose, but only if the others do not participate, or they buy off politicians/ regulators, which should not have been there in the first place. Its really hard to bribe the regulators for licenses and special privileges, to opress competition, if there is no regulator So capitalism is a double edged sword, and it's only dangerous if the market is not free. If it's monopolized and controlled, then it turns into corporatism, like we have now. There were no corporations in the past, in places where trade was relatively free: The Hansean League for example
Basically the only way to keep checks and balances in power, is to let everybody participate in the economy, instead of looting rich people, we should instead elevate poor people to their levels, to even the playing field! |
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Ok so I had armory 0.92.3 on with bitcoin client 0.9.3 a few days ago. I havent used armory in the past few months so it was no big deal, it just sat there. I wanted to use it recently so i opened it and started syncing it. It built the new blocks in perfectly, then about 97% i had to restart the PC because it just froze. After I restarted the PC, the bitcoinind kept crashing, and crashing ,and crashing , no matter how many times i restart the client or my pc, and it didnt worked anymore. So I thought the version is obsolete, so I uppgraded to 0.11 core. Then I realized that the 0.11 core is not compatible with 0.92.3, so i upgraded to 0.93.2 armory. ---------------------------------------------- So now i got the latest versions of both armory, and bitcoin core. I opened it, it worked, it didnt crashed anymore, but it just didnt synced anymore. Waited 5 hours for it to sync, havent even started to show the progress bar, like if it was frozen. Note: I havent moved neither the instalation , nor the database, nor the core database. Everything was at the same place, i only uninstalled the earlier versions and installed the new ones. The databases were in a separate folder in the same place always. I used the --datadir parameter, like I always used, on all shortcuts of armory, so it was nothing of my fault. Because nothing was moved. Also in the armory config panel, i took a screenshot of previous settings, and inputed the same after i reinstalled the newer versions. ____________________________ Ok so now that I wasted about 1 day on this bullshit, i decided to delete the whole blockchain and armory blocks and redownload the same shit over. ____________________________ 2 days have passed since, and I`m still at 53% of the syncing process. And probably have to wait 1 more day for the database buildup, and other crap.  _______________________________ Note my internet is ultra fast, and I got a I7 core PC with 4 gb RAM.  _________________________________ Seriously guys, this is the worst fucking buggy shitty wallet program that I ever saw in my life. I dont know how secure it is, but its a pain in the ass to use it, and i dont even know how reliable it is in a case of theft. I cant even move my coins out of my wallet in a case of a compromise because i have to wait 1 fucking week just to get the think synced. By that time the thief can dissapear to another galaxy with my coins.... The armory offline signed transaction file is not even compatible with other wallets, so basically my coins are now held prisoner due to this technical shit.I will have to switch to another wallet because this is just getting intolerable, the devs should really fix this syncing issue because it is unbearable to wait weeks to sync, or in an event of corrupt blockchains or bugs like i fell victim of, i have to re-download the whole thing over. |
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When will a non-beta release of the Supernet come out?
I`m really excited about that project, its the first fully functional, full feature liteweight wallet. Not even the bitcoin wallets come close to its complexity.
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There is no voluntarism. We all act upon our conditioning, our environment and our biology. People seek food because they're hungry and require it to live. We seek shelter because we need protection from the elements. We seek water because we thirst and need it to live. There is nothing voluntary in life, which is another lie that capitalists exploit.
What is money? Who determines in your market place what money is? What happens when different market participants disagree? What if someone chooses air as their money, in which case they have little to no bounds as to their purchasing power. What's that? You don't accept air as money? Perhaps you don't need to breathe at all then...
The free for all market is a sickness that we invented and it's something that we can abandon. It's time has come and gone. We can live in a better system that doesn't require us to kill each other.
But you are advocating this communist utopia, as if (you admit it) that people are savages and do things from their instincts. How is your communist utopia going to function if everybody will just run amok and loot other people's work. Without a clear boundary (the private property) there will be no civilization, only strong exploiting the weak, it will be mob-rule, full of gangs that will loot people. Your utopia is a total nonsense, even if people were so enlightened that this would function, there are still predators in this would, that would strike as soon as people would let their guards down. Dont be fooled by so childish dreams, grow up and see for yourself how the world works. |
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There is no free market. There never was one, there isn't one and there never will be one. Free market is an oxymoron. Free implies no rules or boundaries, market implies rules and boundaries. This is why the state must arise out of this contradiction in every instance. Without a third party to enforce market rules and norms, there is no market, only the worst form of Darwinistic mercenary behavior because that is what a market promotes and rewards.
Private property also implies some state authority. You can't have the idea of private property without the threat of those that are needy coming to take the more than fair share of stuff that you have. That is why the capitalists fund the police and military through the state.
No rules? That is stupid. The rule of the free market is voluntary trade. It's not like if you go to a store somebody puts a gun to your head to buy the stuff. You go there voluntarly. What no boundary are you talking about. The boundary limit is your money, you trade as much as you have capital, that is the boundary. If everybody does that, then no oligarchs emerge. This would be the most egalitarian society that you can imagine.
Create wealth dont loot it!
Private homes is good. Private means of production is bad.
So if you bake cakes in your house, you wouldn't mind if thugs would came in there and steal all your cakes? You turned your home into a "means of production", or a "cake factory", so by definition, we need to take your home away and nationalize it. |
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But NXT has 0 inflation. All the revenue NXT stakers get is from transactions.
If there are less transactions, then miners dont mine that much, so either there are many transactions and people dump it, or there are less and people are not interested.
This is exactly my point. It should be trivial to keep NxT price stable or even grow it with 0 inflation. Tx volume can easily be faked in a coin , and the fact that there is so little of it shows that no one is using it for anything besides speculation. What is wrong with speculation, if the assets are ok and are bringing in new guys, and are giving genuine profits (not ponzi scams), then it can be an investment platform. A crypto-stock market. Not all coins have to be currencies, some might have different roles. I think Nxt price has decreasing in particular because of the many asset crowdfunding.
I agree. Downward price indicates a combination of current adopters investing in Nxt Assets and bagholders selling off their coins outpacing new adoption from elsewhere. Either way it should be troubling. One could speculate that once Bitcoin bubbles up again it will bring new interest in all crypto and reverse this trend for Nxt. The concern with this is Nxt isn't just losing value and market cap in relation to bitcoin but losing its ranking in general slowly. This means that when renewed interest comes into our ecosystem than people will be focused on diversifying their investments with other shiny new toys like ethereum. Than there are all of the "black swan" coins that will be released. Paycoin was able to scam a large part of the ecosystem and it was promoted by a fairly small company. What happens when Goldman Sachs/IBM coin is released. For good or bad it will give bitcoin a run for its money let alone everyone else. Very few of these corporate /banking coins will partner with XCP, Nxt, BTs, ect either ... they are going to clone the code and control it themselves. This has already started to happen with companies that are really supportive of BTC with the example of Medici/t0 taking what it needed from counterparty devs , and dropping them. I dont think that the investment assets bring the price down, They are a derivative of the NXT not a competitor of it, and you can only buy the assets in NXT so if somebody wants to buy Supernet shares, they have to buy NXT. Its more likely that the big holders are dumping their staked profits. Remember its still a fairly centralized coin, and if they dump more, then it becomes decentralized. NXT is on the right path to be decentralized, so i dont worry about this. --------- I dont think ETH will do anything significant, for the time being, its just an overhyped bubble, it will pop like XPC and other probably. NXT has far more solid achievements behind it, and if they would hire a PR/Marketing team, it would rock immediately. |
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Every post I saw about bitplutos had the word scam in it. Has anyone playied and been able to withdraw? They also seem to be having an obscure withdrawal procedure where you're only able to withdraw to the address you deposited from and you even have to contact the owners to be able to have your withdrawal processed.
Every post I saw about bitplutos had the word scam in it. Has anyone playied and been able to withdraw? They also seem to be having an obscure withdrawal procedure where you're only able to withdraw to the address you deposited from and you even have to contact the owners to be able to have your withdrawal processed.
Someone make a review about them: https://bitcointalk.org/index.php?topic=1130864.msg12370232#msg12370232Better to use site on your signature. Hmm it could be a ponzi scheme then, i better remove it from my list for now until this thing gets resolved & explained. |
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This makes no sense. You are asking him to give him what allows him to have a decent life within the current system coordinates. That's not a RBE. An RBE will not happen anytime soon tho, just look at your reaction. We aren't ready to evolve past money and private property anytime soon, and im the first to say nope. Im not delusional enough to think RBE will work when most humans aren't evolved enough. For this to work, it is a similar scenareo than a bitcoin hardfork. We need superconsensus, anything but superconsensus is a fail.
But why would you want to give up private property? You want to go back to local communities / hunter-gatherer societies. You know that is impossible right with 7 billion people? Centralization is inevitable, atleast in the production sector. Substenance farming is inneficient, and will never be done with 7 billion people, sorry but that train left 1000 years ago. Technology is needed in order to abolish slavery and feudalism. Your local communities will turn immediately into feudalist serfdom societies. It happened once, it can easily happen again. It's only technology that can abolish slavery. Private property is good, and its the only civilized way to organize society to 21 century levels. Take away private property and you immediately end up with feudalist serfdom , or gang-rule societies. |
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That means that the price decline is an indicator of flawed fundamentals.
Interesting point of view. Back in 2013 we would have said that fundamentals are good (if we followed the same logic). This arises philosophical question: when is it the right moment to use Klee Indicator? I would go even further and claimed that any currency has flawed fundamentals because none has been thriving forever yet. As a cherry on top I would recall BCNext's "A world with the money can not be perfect", hehe. Question is why is NXT price falling? Aliens? Salient point. Bitcoin price has slowly been capitulating over the last year simply because inflation is placing downward pressure on price as there needs to be almost a million dollars a day flowing into bitcoin to maintain parity. This means bitcoin is growing, but not quite at the same rate as ~9% inflation. The fact that there is no volume and NxT price continues to capitulate even when compared to BTC which is also capitulating, and it doesn't have any inflation like bitcoin should be alarming. But NXT has 0 inflation. All the revenue NXT stakers get is from transactions. If there are less transactions, then miners dont mine that much, so either there are many transactions and people dump it, or there are less and people are not interested. But I still think its because of the wallets, you saw it too, the wallet is going under development, almost every 2 weeks a new version comes out. It still needs time guys, and it needs better marketing. NXT has shitty promotion, it wasnt even mentioned in any crypto news site lately. |
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That means that the price decline is an indicator of flawed fundamentals.
Interesting point of view. Back in 2013 we would have said that fundamentals are good (if we followed the same logic). This arises philosophical question: when is it the right moment to use Klee Indicator? I would go even further and claimed that any currency has flawed fundamentals because none has been thriving forever yet. As a cherry on top I would recall BCNext's "A world with the money can not be perfect", hehe. Question is why is NXT price falling? Aliens?  But seriously, it is falling because it was overvalued, the current prices are much more reflective of its real value. Plus the previous wallets had some bugs, i`m looking forward for a non-beta release of SuperNet, that will probably boost it's price |
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