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4221  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: March 14, 2017, 10:57:41 AM
big benefits if you have big amount of bitcoin in your wallet. all we know that bitcoin has a bright future that we can take advantage now until the value of bitcoin is affordable.
Yes you can get benefits in storing large amount of Bitcoin.
But its need more money to buy some Bitcoins to store in your wallet.
You can earn Bitcoin with the free way no need to always buy bitcoin if you don't have money and keep saving your earnings and store into the wallet for saving purpose and you can earn the interest by Bitcoin from your previous earnings.

Yes saving bitcoin coming from freebies such as faucets are the last resort for those who have no money or capital to buy bitcoins. Even earnings from faucet can be very helpful when the time comes. I remember when I started collecting satoshis from faucets the amount they are giving was from 1000 satoshi to 5000 satoshi per 30 minutes to 1 hour. I have collected many satoshis and if I did not use them in gambling their value today would be at 200$ already. Thus saving your bitcoins even in the smallest amount may not be very profitable today but in the long term when bitcoins price is ten times its value today you will enjoy the profit you are dreaming of.
4222  Bitcoin / Bitcoin Discussion / Re: Hard Fork guide (if it will happen) on: March 14, 2017, 10:52:53 AM
Thanks for the post it is very educational and I learned many new things about hardfork. I was just disappointed to see that blockchain.info wallets are no longer a recommended wallet after the fork. But I do hope they can upgrade so they adopt to the new blockchain. Blockchain.io system and features are very nice and so I really wanted to see them functioning well even after the fork.
4223  Bitcoin / Bitcoin Discussion / Re: Bitcoin ETF: Better rejected or approved? on: March 14, 2017, 10:43:39 AM
The fact that it took four years for the SEC to still disapprove bitcoin would already put bitcoin in the radar among investors. They had to turn it down for some reasons but that might change a few years from now when bitcoin is already at a very high price. People from SEC will be singing to a different tune once they see that bitcoin is really a great investment for the long term.

Investment on bitcoin is somehow new to SEC and its high volatility is a freaky one compared to the prices in the stock market. The rise and fall of bitcoin is abnormal and it happens in wide ranges such as from 700$ going to 1000$ and it will go back to 700$ again. Stock commodities volatility doesnt go in that bracket in a short time the average is just from a centavos to one dollar in a week.
4224  Other / Politics & Society / Re: Human Rights aka New Church? on: March 13, 2017, 06:26:52 AM
It crossed my mind recently, that (trans)human/animal rights in certain regions have long ago ceased to be aimed at defending interests of common men and nature. Instead they became increasingly selfserving and often work side by side with corporations and governments as their "soft power" appendage.

May it be possible, that indeed, NGOs are turning into sort of Church, with Karl Marx their Saint and cultural marxism their doctrine?

Corporations as the new aristocracy, NGOs as the new Church, population enslaved by guilt shaming and ever rising taxes and work hours.

Non-government organizations that are non-profit are now becoming a bogus organization. Though not all of them are bogus but the trend is that they are evolving into a profit organization hiding under a NGO cover. NGO's are now made to get more profit from big companies and foundations abroad and some big companies are hiring NGO's to do their bidding in s subtle manner using different issues to attack their opposing companies.
4225  Economy / Economics / Re: Mining fees will eventually kill bitcoin on: March 13, 2017, 06:18:25 AM
Mining fees will not kill bitcoin. The higher the price of bitcoin and the more users using bitcoin the difficulty in mining has increased. The miners fee are just normal and must be implemented otherwise id mining industry will stop then bitcoin will die instead. If the miner fees are high then lets dont send small amount of bitcoin several times but send a large amount of bitcoin in one go that way you can save.
4226  Bitcoin / Bitcoin Discussion / Re: Blockstream is nothing more than a $70M blockchain takeover attempt on: March 13, 2017, 06:08:36 AM
How can a privately funded entity organize themselves by hiring Core devs with the intention of driving the future rules of the network?  Doesn't this bother most of you free loving bitcoiners?

Time to organize a new group of honest core devs having no paycheck affiliation with anyone. 

If we were to organize a new group who will lead it and where will we get the funds to move and operate. It is hard to do that kind of thing and a huge amount of capital is needed to finance this kind of movement. Compared to the billionaires financing blockstream we are a bunch of ants going against an ant exterminator. The only way I guess is just to observe and wait and to earn from bitcoins as early as possible.
4227  Economy / Economics / Re: Next generation money on: March 13, 2017, 06:02:05 AM
Crypto currency The bitcoin is a revolution in the world of money that will turn the world around. Although now it is only gaining momentum, but far-sighted investors can invest in it now and earn money on the exchange rate Bitcoin.
It is no doubt that Bitcoin will be the new world currency. However, I do not expect that the process will finish in this year since there are still many issues which have not been solved yet. Bitcoin is good, but it is not good enough to replace FIAT, which has existed on this planet for many years. Anyhow, I still believe that Bitcoin was created for the good purposes. Bitcoin will rule the world

In no way bitcoin can replace the fiat currency. Bitcoin will remain as a currency online just like this moment. Though many shops will accept bitcoins in exchange for their goods and other sectors of society will now accept bitcoin as a mode of payment  but bitcoin will remain the same. Its value will still depend on fiat currency. And without the fiat currency bitcoin will be again valueless. Removing fiat currency will not be allowed by the government thus bitcoin acceptance is only as a form of payment and not as a replacement of fiat currency.
4228  Bitcoin / Bitcoin Discussion / Re: why bitcoin transaction to be confirmed twice? on: March 13, 2017, 05:53:34 AM
why every transaction always have to wait for confirmation twice, is not that enough to occupy our time?
but on the other hand site already exists in the transaction does not require confirmation? it faster and certainly better

What do you think about this, and have you do a transaction without waiting for confirmation? let's share your thoughts


Transaction confirmations are made to protect us from double spending. The more confirmations there are the safer and successful the transactions are. But the number of confirmations depends on what kind of site or wallet is receiving. There are sites that accepts bitcoin even if there is only 1 confirmation but there are very strict sites that requires six confirmations or more.
4229  Other / Politics & Society / Re: [POLL] Is this antiSemitism real? graffiti "Holocau$t I$ Fake Hi$tory" on: March 13, 2017, 05:46:03 AM


https://www.yahoo.com/news/seattle-synagogue-spray-painted-graffiti-denying-holocaust-164328830.html



There have been some minor protests about antiSemitism in the U.S. recently

https://knpr.org/headline/2017-03/marchers-protest-rise-acts-anti-semitism

I'm Jewish but my guess is that antisemitism is more useful to some than it is threatening to many, at the moment.

You don't see people beat up by police for being Jewish, nor people denied housing for being Jewish etc. Is that coming or past?

Are there any other groups more threatened by their lack of power than Jews, in America? Are there any less powerful groups? People with less resources to defend against abuses?

Jewish people are now the richest people in America they are the majority holders of giant corporations such as oil production and other activities. Jewish people are no threat to the United States but the attention was delivered towards Muslims. Right now discrimination was focused on the Muslims due to terror attacks by the unfaithful muslims who are not following Quran but their violence and hatred.
4230  Other / Politics & Society / Re: Two memorial documentaries about the undefeated Givi on: March 13, 2017, 05:40:47 AM
Killing of Givi probably was ordered by Moscow. And he is not first important separatist who was killed - Alexey Bednov, Yevgeny Ishchenko-Malysh, Roman Voznik-Cygan, Alexey Mozgovoy and some more was killed already. I wouldn't surprised if soon Zaharchenko and Plotnicky will be killed. I think Russia want to replace these leaders due to bad reputation of them.

The mystery behind their death is still unknown. Though there are many rumors spreading across the  saying they were killed by the terrorists but this idea as kinda absurd and possibly made to cover up something. On the other hand the russian goverment doing the dirty work to dispose of them is also a conspiracy theory that has no clear evidence or whatsoever. Hence their death remains a mystery up to this date.
4231  Bitcoin / Bitcoin Discussion / Re: Bitcoin and the whole Cryptocurrency market: UPUPUPUP? Reality-check! on: March 13, 2017, 05:32:41 AM
Hi everybody,

for about eigth months now I have been intensly "studying" all sorts of Bitcoin and Crypto related things. It's totally fascinating and whenever I watch an Andreas Antonopoulos video I am 101% convinced that this technology will tranform the financial world we are used to.  Cheesy

However I would like to hear what crypto-veterans think about the recent increase in Bitcoins- and Altcoins total market cap. Is it growing too much, are we in a bubble?

When looking at the greater picture, I feel like the whole market was and still is totally underrated and I expect a market cap of 1 trillion ($1,000,000,000,000) or more in 2025. It is a technology that is growing exponentially right now, with hundreds of thousands of start-ups yet to come and millions of people yet to adopt it.
Still, I am not an expert and wonder what you guys, that may have much more knowledge, think about the potential market cap and the recent uptrend!

Regards,
Kry

You have done a good research, your passion towards bitcoin is really good and intense. Though the price of bitcoin is very high at this moment but it will still continue to increase on its value in the coming years. But rest assured there are no bubbles and the increase of price that is happening today is normal. If you are interested in bitcoin the best time to buy them is now since bitcoin is still high and its price will keep soaring high.
4232  Economy / Economics / Re: Two Visions for Bitcoin on: March 13, 2017, 05:27:10 AM
Very generally, there are two classifications of how people see bitcoin, and people tend to fall to different degrees into the two camps. The first is the to the moon camp. These folks believe bitcoin is solving a fundamental problem that fiat currency doesn't address and that it is only a matter of time before bitcoin replaces the USD as the dominant currency in the world. Now, that's written to the extreme end of it, but I'm sure you've all seen variations of this sentiment on these boards. Also falling into this camp are people who think that the next major recession or market crash is going to send the bitcoin price soaring, as people flee the broken fiat currencies of the world and buy up all the digital gold (btc, of course) they can get their hands on.

The second group thinks bitcoin has serious flaws that will prevent it from ever becoming a major currency for the purposes of trade or commerce, and that it is at best a speculative investment. (Again, written to the extreme.) These people believe that the next major recession or market sell off will tank the price of bitcoin along with everything else, as capital flees the riskiest assets first. This group also believes that bitcoin is a flash in the pan, and other digital currencies will eventually surpass it or they will all diminish in value together.

There are degrees along this spectrum. If we were plotting this out on a scale of 1-10, let's call the first group a 1 and the second group a 10, and a 5 would be someone right in the middle who doesn't think going to the moon is any more or less likely than going to 0.

Where do you fall, and why?



I dont belong to any of those two. After reading those two groups are extremist and are lining up on both edges while I stay on the middle. Though I redeem bitcoin to be a good currency and can reach the value that is very high, it could even each a one million dollar price but I do not leave the possibility that there are many factors that will cause the breakdown of bitcoin. Thus I belong in the middle if I earn bitcoin some of it were placed on savings and some of it were spend.
4233  Bitcoin / Bitcoin Discussion / Re: Should I exchange one BTC for one month of labor? on: March 13, 2017, 05:01:16 AM
Exchanging your bitcoin for a months labor is not a bad idea. Well many sites like sites that offers signature campaigns gives bitcoins as form of salary to the typist who applied under them. But if you are not comfortable with it then just pay them with your local fiat currency. You dont need to be troubled with such simple matters. After all if you keep your bitcoins you will earn more profit later and so its much better to pay them in fiat currency.
4234  Other / Politics & Society / Re: What was Milo Yiannopoulos disappointed to find at the prom? on: March 12, 2017, 02:20:43 PM
Sex with the same sex is not okay. Sex between an underaged person and an adult is a pedophile case and is not okay. Sex between adults who are not married is not also okay. Sex must only be practiced by the wedded couples. Sex is sacred and it is a ritual of love and procreation and not for sole pleasure. Any forms of sexual intercourse as long as it is not done within the bonds of marriage between man and woman is not moral and is not okay.

Oh damn!
And why would sex out of procreation be not ok?
It's pleasurable as fuck, makes no harm to anyone, has no possibility to hurt or destroy anything in any way...
Sex (protected) has 0 downsides! So why saying no?
It's like if I propose a pill that gives you pleasure and it costs nothing, it has no risk (it's in fact very good for your health) and you can quit whenever you want.

Who would say no? xD

Yes it is pleasurable but it must be done only with your wife or husband after marriage. We are not looking it from the perspective of pleasure but on the morality of doing it. There are moral responsibility that we must fulfill in doing this kind of things. If we can do it after marriage then why do it for just fun and pleasure.  May be it for procreation and pleasure but it must be done within the bonds of marriage.
4235  Economy / Economics / Re: Which one is good, trading or investing? on: March 12, 2017, 02:16:44 PM
Both are good if you know how to capitalize on the opportunities. Trading is good if you can keep an eye on the market at every time. However, when it comes to investing you don't need to look at the market every time and can consider you position every month or half yearly. It all comes down to your goals and personality.

Well there is a trick as to how to do a trading that you will not need to check and monitor the market everytime. The best thing to do is just to buy at a cheap price and just sell it on a higher price. Without constantly looking at the market you will get a profit when somebody buy you sell order at the price you designated. Trust me it works all the time, the only problem remaining now is to choose the good coin to invest at.
4236  Economy / Service Discussion / Re: is these scam ? on: March 12, 2017, 02:08:17 PM

It is hard to answer your question by just looking at the video from you tube. If you really want to learn if that site is a scam then try searching the internet or google it if it is a scam or not. There are many sites online whose job is to make reviews whether a site is trustworthy or not. After you check it out from those sites then try also reading tips on how to identify scam sites from legit sites.
4237  Bitcoin / Bitcoin Discussion / Re: How to explain bitcoin to teenagers or children on: March 12, 2017, 02:04:43 PM
children doesn't need to know about currency,but teenagers does,and i think there's so many explanation video in youtube so don't wasting effort wasting your time when you can just give them about the link of video so they can learn from it,whether they will be interested or not,it's definitely depend on them

Yes, I definitely agree with you. It should be their headache that either they want to learn or not about bitcoin. As the modern technology has been increased too much now a days, so all things can be gained from the source of internet. Bitcoin is a source of income. So, it is not needed for the children to learn about bitcoin in that age. Because they don't need to earn money.

You are wrong teenagers can easily learn bitcoin and how it works. To prove it to you the individuals who taught me a 32 yr old adult were teenagers. They aged 15 to 19 years old and they are earning 1 to 2 bitcoin monthly. They are helping their family to buy food and pay bills and they also pay their own tuition fees. Now tell me teenagers doesnt need money, its only a mindset  of rich people.
4238  Economy / Economics / Re: On what way would you know that your investing on the right business? on: March 12, 2017, 01:45:04 PM
If it has many investors. It gives the right profit from your investment, not too good to be true. It already works for many years and still developing many projects or plans to improve their business. Its owners are very transparent to its investors. Then i an say investing in that company is worth it and my money won't be wasted.

Investing in the right business means that you should know what you are putting your money into. Investment should not be done blindfolded but with eyes wide open and with brain functional. In short you must first check the background of the company that you are investing, check its track records and after knowing its credibility check also if it will give you good profit and if it is stable.
4239  Bitcoin / Bitcoin Discussion / Re: Have I been Pwned - BTC-E notification but old news on: March 12, 2017, 01:34:07 PM
Hey all,
Hope life is treating you well!
Ive just had a notification from HAVEIBEENPWNED saying my data was one of those in the BTC-E dataleak.
Seems strange to get this 3 years on, it is old news.
Anyone any ideas why Im getting this notification now?
Im not concerned about the account, Im not stupid enough to leave anything in the exchanges.
Seems a little but late, has something else materialised about the data breach that anyone knows of?
All the best,
G

It is better if you check your account so you will know what is happening to it. But do not click the link from the email since it could be just a hack link to access your email so they can invade your account. Use google to open you account and find out what has happened since possibly you may have left something in your account. Theres nothing to lose if you check it out.
4240  Bitcoin / Bitcoin Discussion / Re: [POLL] Possible scaling compromise: BIP 141 + BIP 102 (Segwit + 2MB) on: March 12, 2017, 01:26:21 PM
I think I misunderstood the below and thought you was talking about a post segwit block size increase.

Quote
3) 2 MB post Segwit (implies almost 100% Segwit usage) -> No DoS risk (linear hashing).

So that would be

3) 2 MB estimated effective capacity (1MB transaction block limit) post Segwit (implies almost 100% Segwit usage) -> No DoS risk (linear hashing).
No, that is not the case. Basically the first two points are about a 'base block size increase', and the second one are just pure Segwit as it currently is. You can formulate the points in a better fashion, as long as they stay correct.

Using simple logic these arguments are nothing to be debated. We cannot deny that segwit came out to the open because it can solve the issue on blocksize. If it cannot help solve the current problems on bitcoin network then they will not propose it. For now instead of debating why not just wait for the consensus to occur so we can enjoy bitcoins without flaw.
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