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421  Bitcoin / Bitcoin Discussion / Re: There is no doubt that bitcioin will be replaced by another cryptocurrency on: May 03, 2018, 07:13:39 PM
I doubt it.  Cool
422  Economy / Service Discussion / Re: I’m planning to invest some btc in profitcoins. should I do it? on: May 03, 2018, 07:12:57 PM
Good bye money!  Cheesy

Profit coin lol, that's hilarious.
423  Other / Serious discussion / Re: Satoshiless Bitcoin on: May 03, 2018, 06:06:14 PM
Or she just understood that the person who created bitcoin would face daily non-sense from a delusional community. It would suck to be known as Satoshi. 
424  Economy / Economics / Re: can you imagine bitcoin as your prime currency. on: May 03, 2018, 04:24:12 PM
Bitcoin is my money. Want to sell me something? Don't even bother unless you are selling it for bitcoin.
425  Economy / Economics / Re: Diversify Investments on: April 30, 2018, 08:26:25 PM
diversify investments mean that dont put all your money in the same instrument, that is cryptocurrencies. but spread it to other investments.

That's right. Buying another coin is not diversifying. Almost all alts are just copies of bitcoin and have noting different to offer. Nor are they safe if a flaw were to be found in the bitcoin protocol. Think of it this way, If in 10 years there is still crypto then there will be bitcoin. If in 10 years there is still crypto then some alt could possibly still be around. However it is highly unlikely that alts will still be here but no bitcoin.

If you want to diversify buy gold, land, etc.
426  Bitcoin / Bitcoin Discussion / Re: Can a cryptocoin survive if a dev remains anonymous? on: April 30, 2018, 08:20:19 PM
Who wrote the Internet protocol? How can you use a protocol if you don't know the developer who wrote it? Easy, you are doing it right now.
427  Economy / Economics / Re: You're not wealthy yet, so you're not allowed to be wealthy on: April 29, 2018, 03:26:42 PM
The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.

Disclaimer: I'm not a US citizen, and I've not read that law

This is our insulting law in the U.S. I have not seen it applied to ICO's, that's kinda funny. To be a "qualified investor" you must have a million dollars and be able to show that you will likely make some huge amount within a year. It implies that even if you had an advanced degree in economics you should be kept from trading because you are too poor to make a good choice. However any rich person literate enough to sign a contract is surely wise enough to be an investor.   

Crowd investing is attempting to address this, however the Power want's the little man working at the factory. It's your job to make money for the investors, not to be an investor.
428  Alternate cryptocurrencies / Altcoin Discussion / Re: Centralized coins on: April 29, 2018, 03:08:40 PM
I don't trust Internet business with my identity. Why would I trust them with my money?
429  Other / Serious discussion / Re: Is it right to kill a violent burglar? on: April 29, 2018, 03:00:09 PM
An intruder killed during a raid on a pensioner's home was a career criminal who worked in a family gang and had spent time in jail.
Henry Vincent, 37, from Kent, was stabbed during a break-in at the home of pensioner, Richard Osborn-Brooks, 78, in Hither Green on Wednesday.

https://www.telegraph.co.uk/news/2018/04/05/burglar-killed-pensioners-home-wanted-previous-robbery/

What do you think? I think that a 37 year old career burglar who attacked a 78 year old pensioner in his own home, deserved what he got, and I hope they catch his accomplice. It seems the police don't agree, and they have arrested the pensioner for defending himself and his family.

In the U.S. it varies by state, but what may matter most is his risk level. I have heard it often asked as "Did the shooter assume his/her life was in danger?" and "Was it reasonable to think that?". I don't know about this case. Did these guys know each other? Is Mr. Osborne_Brooks known around town as "The lying stabber"? Because that would also matter.

I say shooter in my example since we shoot intruders rather than stab them. Assuming the guy found someone in his home threating him after breaking in and he killed the intruder, I think he would have to give a statement to the police and they may hold the knife for evidence, but he wouldn't be charged.
430  Bitcoin / Bitcoin Discussion / Re: Relief In Crypto Taxation: France Brings Crypto Taxes Down To 19% on: April 27, 2018, 08:29:09 PM
How are they going to calculate the tax. The only moment I will show that I have cryptocurrency is when I convert it to fiat through a bank.
Are they going to force all crypto exchanges to tax every account?
This will effect everyday traders and it will slow the market. 19% plus other fees, and do they consider when a trader loses?

In the US all exchanges are required to turn over records. They are in a money service business and this is not an option, it is required.  It will not slow the market, on the contrary. It was, in part, regulation that led to the latest rally.

For actual traders this is completely normal. I trade stocks, bonds, real estate, metals, etc. and they all come with cap gain taxes. Bitcoin is fair money, not free money.
431  Bitcoin / Bitcoin Discussion / Re: When you first know about bitcoin what was the price? on: April 27, 2018, 08:22:37 PM
It didn't have a value because no one had bought anything with it yet.  Cheesy
432  Economy / Speculation / Re: Hilarious FUD article about Bitcoin of course being doomed on: April 27, 2018, 08:21:29 PM
I have made sooo much money ignoring stuff like this.  Wink
433  Bitcoin / Bitcoin Discussion / Re: What's your opinion about journalists talking about Bitcoin but are not Hodlers? on: April 27, 2018, 07:22:40 PM
Journalists have the right to report on anything.
434  Bitcoin / Bitcoin Discussion / Re: Relief In Crypto Taxation: France Brings Crypto Taxes Down To 19% on: April 27, 2018, 07:19:46 PM
For comparison the top overall cap gains tax rates in the US range from 25% to 33%. Look to find your state here:
https://taxfoundation.org/how-high-are-capital-gains-tax-rates-your-state

Fed rate can range from 0% -20% and states all have their own rules. This is the reason I am moving to a new state next year.
435  Bitcoin / Bitcoin Discussion / Re: Where do you keep your private keys?? I need good ideas!! on: April 27, 2018, 07:12:16 PM
Mine are printed on paper in a safe deposit box. See, banks have a use still.  Grin

436  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency kills people on: April 27, 2018, 07:08:40 PM
So the people who think they are going to take our guns because they think guns kill people now want our bitcoins because bitcoin is the real killer. Why Hitler was nothing more than a victim of the cryptocurrency that made him kill.

 Roll Eyes

Molon labe
437  Bitcoin / Bitcoin Discussion / Re: How to steal BTC just with public key. on: April 25, 2018, 05:56:02 PM
I think it not possible..but may not be impossible if someone finds a way to make a private key based on public address.If it happens,the bitcoin value will go down to zero

Oh that would be the least of your concerns. The encryption scheme used by bitcoin is used for all sorts of protection. Banks, databases, websites... It would be a free for all on stealing, and bitcoin would barely register compared with all the other assets protected by SHA.
438  Bitcoin / Bitcoin Discussion / Re: bitcoin vs. real money??? on: April 25, 2018, 03:30:24 PM
I only consider bitcoin to be real money.
439  Other / Serious discussion / Re: Is Bitcoin Destroying the Planet? on: April 25, 2018, 03:28:42 PM
As opposed to filling trucks with cash and driving the money from place to place?  Roll Eyes
440  Economy / Lending / Re: Borrowing .5BTC. on: April 25, 2018, 03:22:00 PM
Some things you are going to need to get a loan.

1. Secured collateral held by the lender. The value of the collateral must be greater than the value of the loan.

2. A well established escrow who will hold the bitcoin until the collateral is received.

3. A signed contract legally obligating yourself to the terms.
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