Same with me, I dont have time to earn bitcoin these upcoming days unfortunately (except by sig campaign). Time to take a break sometimes

As a prominent and well respected investor once said (forgot his name):

"You first have to make other people rich first, and whatever is left is yours"

This is the recipe for real wealth. Look Bill Gates for example, with the Windows business he helped everybody in the world to set up the modern computer systems (and the billions of people and businesses that were helped with it). Then he enriched his Microsoft shareholders, then whatever remained was his own profit.

WTF ? Free market doesn't mean that the item listed in it is free.

Free market means it's free from control and corruption, and the price is determined by voluntary trading, and not manipulated by central banks or etc.

I hope you guys are not so naive to confuse "free" as in free from corruption, with the other meaning of "free" which is with 0 cost.

Then go buy pizza with bitcoin, and lets see if bitcoins price will go to 1 million $ you can say about your self in the future that you paid like 100,000$ for a pizza

Of course, let's just give up gravity because we feel uncomfortable by not being able to fly. I`m really pissed at gravity, every time i jump out of the window from the 10th floor I cannot fly. Damn you gravity.

Free market is so nasty, let's just have corrupt control maniac oligarchy control the market because that will make it so much better...


You guys don't even realize how ridiculous you sound.

Yes but its not necessarly a prostitute but a real girlfriend that will make food, wash and clean the house. A combination of house maid with some romantic elements. And it's all professional, imagine a job like that where professional trained girls act as if they were your girlfriends and you pay them.

It's a bit weird since the real girlfriends usually do the same (they are in for your money), so its hard to make a difference there.

Who cares really?

I heard that in Japan you can rent a girlfriend for different periods. It's a really interesting concept, perhaps it will be adopted in bitcoin payment too

No its not speculation at all, looks like some idiot politicians cant differentiate economic growth from speculation.

When you let people buy property (estate) without limits, you just let the long awaited demand out of its prison box and fill the supply.

There are many tourists, businessman that want to buy secondary or third homes or mansions in beautiful beachside places or whatever.

Even if speculators go in for the money too, if the demand is on then its no reason for the price to collapse. The problem is when the banks intentionally give out 0% interests to intentionally pump up the prices so that they can profit.

But that is the fiat systems fundamental problem, not speculation in general.



Otherwise estate prices have a long term uptrend because new people are being born and they all need homes. Real estate's real growth is probably 80% correlated with population & income growth. (Except in a crazy keynesian world where everybody can get loans created out of thin air to speculate)

Then you must be a short term trader, scalper, or arbitrager.

I thought you traded bigger swings or atleast you implied that by saying that you go for the volatility. You wont see much volatility in 5-10 min charts, so you are confusing me about that.

Anyway I assume you use leveraged trading so that also adds to you extra liquidity.

What I meant is that if you have a margin of  let's say 0.5% then 99.5% of you account is sitting idle, thus you can either move like 80% of it in cold storage and hold it there, to account for drawdown , and not worry about exchanges stealing your money.

Or just buy & hold because atleast that way 100% of the account is used, while otherwise you only use 0.5%.

In a weird way actually you do buy & hold because while you trade 0.5% BTC/USD, and if 99.5% of your account is in BTC, then if BTC/USD price is in uptrend then you really make money with just buying and holding 99.5% of your account, and doing whatever with the 0.5% allocated to trading.

Whenever the demand is greater than the capacity (supply), then the transaction price increases and those who will pay more get their TX executed, those who dont will have to wait a bit more.

Thus you can still send your TX in normal amount of time, you just have to pay more to get it cleared.

And it's not random transactions we talk about, but depending on who pays more. It's an auction market, and who bids more will get priority.

Indeed,  it is a ponzi scheme so there is no other way to finance it but through theft. It's as if you got your average ponzi scheme that is collapsing because no new investors are coming in (low birthrate in europe?) you have to rob the earlier investors perpetually to keep them paying back, but the ratio is first 1:1, then 1:0.9 then 1:0.8 and so on less and less. You get robbed half of your income but you get back only 1-2% in terms of pensions, welfare or whatever. Then it becomes a pure theft when you dont get back anything.

It's more dramatical if you think about it in wasted human years.

You know the Greek problems started to culminate after the 2004 Athens Olympics. Think about it, they wasted so much money on those stadiums that they never used since and probably never use it again.

How many human life hours have been wasted on that? How much "half of income" or "half of their life work & savings" were wasted to achieve that? And for nothing...


And how many people will in the future lose their jobs, starve of hunger, get thrown out of their homes or die because of these thefts and wastings?

Well then those idiot politicians will miss out of billions of dollars of foreign investments.

Whereas countries with less red tape and more friendly to foreigners, will become the next Hong Kong. We all know that taxes and regulations fuck up the economies, so the first country's politicians who realize that will be the next safe haven in the 21 century.

I`d look for Singapore and Thailand, they are probably not the cheapest, but they have a stable society, whereas many asian countries could have a revolution in the queue.

Whats the big deal about that, if you say you can make so much profit, then you can cashout every 2-3 days and keep 80% of your money in cold storage.

Yes exchanges can run away with the money thats why guys work on decentralized exchanges, I see many of those projects upcoming and it will be more safe.

But even if it gets implemented and become safer. I`d still not trade my bulk of my money on that.


So because you are a trader you probably know not to risk more than 3% of the balance on 1 trade, so in that case what does it matter if you buy and hold 97% of it, or trade 3% (ON THE PRICE SWINGS), its the same thing

Unless you risk like 90% of your balance in 1 trade, on which case you are a gambler not a trader.

Saturated fat, just go jogging every day... And go out to the sun so that your Cholesterol levels stay in balance.


I`d be more worried about the additives , colorants and preservaties they put inside it, in europe they are labeled like E200 , E100 and with these codenames, many of which cause cancer.


That is why I only eat pizza from restaurants we got here, that bake the pizza right before your eye and with natural ingredients.

Because the pizza your buy in the supermarket that you bake with your microwave oven is probably not healthy.

Well certainly this China mess & the Dow jones -10% crash is affecting the dollar, and a new crisis is just around the corner.

But remember we got a crisis with bitcoin too, this XT madness, so its really a dead end.

I`d hedge myself with some altcoins just to be safe, until this XT mess is resolved we wont see 1000$ bitcoin for sure.

Real estate is very inflated in Europe/North america & Australia & New Zealand. So that bubble will probably pop in the next crisis.

However its ultra cheap in south east asia (Thailand, Vietnam , Bangladesh, etc)

If you got like 100,000$ ready to invest then you might wanna take a look at those countries, especially the ones with solid governments, you dont want rioters to burn down your estate lol.

South-East asia is also a favorite of many banks, just check the twitter accounts of big banks, they always tweet about that, so its something interesting over there.

Thats a nice way to start your day.

I am basically looking for altcoin that could outperform bitcoin until this calamity with the XT debate ends.

I already made +2% from some low volume altcoins today, so I`m fine.

The funny thing is that Litecoin has XT scheduled too, but I hope they will implement it after Bitcoin.

So if bitcoin gets fucked up, then everybody could rush to Litecoin as an alternative. If they implement it in the same time then we are fucked.

Even though any modification is scheduled for january, I feel like we will have a cold autumn and  winter ahead

That depends because that adds extra risk to the loan.

If i were to give out loans I would first ask them what they need it for, and then adjust the interest rate based on that (of course they could lie so i would need proof beyond their words).

For trading loans IDK 10-15% interest.

For medical loans , personal spending, or education loans 5-10%

And for a solid business plan 1-5%, depending on what business they will do.

That is just my opinion, other guys would do it differently, and the numbers are not exact, but just to illustrate the difference between loan risks.