Great update Dev, Keep up that momentum, I believe the video proofs a lot of hard work on the toshi desk development, cant wait to be apart of that beta. if you need funds from escrow I'm sure the community would agreed to release after all the great work you have put into this. |
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Volume picking up at ccex. Market cap too!  . This should get us more exposure to those who don't troll forums like I do  . Volume for the rest of the will play a big factor on a lot of investors that didn't noticed the crowd sale, if all initial investors hold strong this coin can reach 1 usd at no time. |
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MTR Price Action Update   MTR PHASE 2 HAS BEGUN:CURRENT ESTIMATED DISTRIBUTION:1 MTR per 0.00003428 BTCCURRENT TOTAL:1.7140946 BTC Crowdfunding Phase 2 Has Begun!!! MTR POW PHASE HAS BEGUN!!!MTR officially has released SOURCE CODE & WALLETS ( WINDOWS & MAC ) No wallet links will be posted on thread post - Please see official OP for safe and secure Source and Wallet Files!
MasterTrader777 WOW, thanks i was just going to say thanks for the answer, and i find the pow stage is release, time to mine a little. Cheers, Scarsbergholden. |
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Took my time reading the Op, and i had a concern about toshidesk, will revenue for toshidesk come from fee's or subscriptions?,
I currently pay .1 a month for a traders platform which is ok nothing from the other world.
Cheers,
Scarsbergholden.
Read the whitepaper Completely miss that, I usually do the Links after, im going over it now, if i still have concerns i will ask. Cheers, Scarsbergholden. |
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Took my time reading the Op, and i had a concern about toshidesk, will revenue for toshidesk come from fee's or subscriptions?,
I currently pay .1 a month for a traders platform which is ok nothing from the other world.
Cheers,
Scarsbergholden.
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I have to say that it does feel weird not wearing a GAW signature now as I have been participating for a very long time. As I mentioned via PM, I am not comfortable promoting GAW anymore, however I would gladly participate in any other signature campaign that you manage.
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Why would you list this loan thread as a reference? Do you not see how unprofessional this makes you look? A word to the wise, if you want to claim that your reputation is worth a lot on here then I would suggest that you not give a reference of you in a flame war with another user. |
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No one can predict this. We have to have a lot of patience. It's the same with everything on the market. Suddenly it goes very much up or down. If you can predict the future, you should be very rich. By low and sell high is what everone wants.
I think best is to keep it for a long time and see and wait.
Yes I agree that people need to be patient, you see a lot of selling from people that thought they were going to do x2 or x10 in a few months. They bought a year ago and now they think Bitcoin is failing. They are wrong, the technology is still as good as before. Just because the technology is good does not mean that it will necessarily be useful. Bitcoin's biggest problem is the current lack of consumer and business adoption. It will only be when both businesses and consumers start to use bitcoin on a much larger scale that bitcoin (and blockchain technology) will have any major use. 10k+ levels of the price of bitcoin will likely not happen until we see the above kinds of adoption. You do need to be patient |
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dollar is the one only good for investment
It has been a good investment sometimes but it is one of the worst investment among the big choices an investor has right now USD Interest rate has been maintained too low for a long time and it looks like there is a pressure within to hike the rates or else overall it is will be bad in long term.
USD interest rate is low right now because Asian and European investors don't want to invest in those markets. Japan's economy is tanking fast and Greece is starting to spread contagion fears throughout Europe. Money is flooding into US bonds. As bonds get purchased, their prices rise. When their prices rise, yields decrease, due to the fixed coupon payments. As a result, US interest rates are flat, just because of the rush of foreign capital. The FED is keeping the interest rate at zero You do realize there's a bond market, right? The bond market is being manipulated by the fed via QE as well as the fed's promise to keep short term interest rates low for a long time. There are people speculating that the fed will continue to keep short terms rates low which pushes the market rate for longer term bonds low as well QE already ended. Please, your right wing fears are entirely unfounded. Go back to hoarding gold and whining about monetary inflation. The fed is not purchasing additional bonds however they are still holding bonds they previously purchased (and have a larger then usual balance sheet - much larger). They are also manipulating the bond market via their promise to keep short term interest rates low for a very long time (it has been ~5 years so far) |
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What if bitcoin is a long term secret plan from the us government to destroy the debt? bitcoin gets mass adoption first then usd goes freefall, bye bye debt
No because it's open source, it has no backdoors, so why would the control maniacs give up the power above the currency? It makes no sense. Plus, the media propaganda always speaks badly about the Bitcoin, if it were a government false flag, then it would be cheered by wallstreeters and media propagandists. He is arguing that if the government had created bitcoin, they did so to cause the value of the dollar to fall so the government can repay their debt with money that is worth much less. I agree that this logic does not make sense because the government would give up control of their monetary policy and it would be difficulty to prevent bank runs in times of economic crisis. It would be better for the government to have a strong Dollar while creating a lot of it. Governments tend to want to have a weaker currency (to a point) because having a weak currency means that their country's economy has advantages over their trading partner's economies which results in higher domestic economic growth which results in higher tax revenue for the country, which results in a more of an ability to repay their national debt |
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A significant increase in the use of nuclear power in Japan (and more importantly elsewhere) will likely lead to long term lower oil prices. It remains that nuclear energy is much safer and much cleaner then other types of energy (including 'green' energy like solar and wind)
Because windmills also sometimes create superfund radioactive sites where human life is impossible for generations? Nuclear is safer and cleaner, except when it isn't. Fusion reactors please. These fission fails are for the lose. It is very rare that nuclear reactors meltdown. The last time this happened was in Japan in 2011 and the time before that was in the mid 1980's. It was also estimated that there would have been few deaths of people who were living in the evacuated areas in the 2011 incident, although people who would have stayed and continued to live would have had a higher risks of certain cancers, although still overall low risk. http://en.wikipedia.org/wiki/Fukushima_Daiichi_nuclear_disasterhttp://en.wikipedia.org/wiki/Nuclear_and_radiation_accidents_and_incidents#Nuclear_meltdown |
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why is it ok for a group of people calling themselves the government to force everyone to buy their services?
if enough armed people refused to pay and told the government to go fuck itself there is nothing they could do.
well i think its needed or there will be chaos with taxes the country has money and they can help build there country without taxes i dont know what source of money they would have! This is correct. The government needs money in order to function. There are certain things that would never be appropriate for private enterprises to do (like make and enforce laws) and certain things that it would make more sense for the government to do (instead of a private enterprise) to do, like schools for example. |
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I've noticed a pronounced divide between winners and loser lately. Remember that a lot of us aren't traders, and joined this year. Imagine that, if you will. It's hard times, brothers, I promise you
friend of mine got in at $30 in 2011. He had to wait almost 2 years to become a happy man. He's a patient guy ^^ But because it worked before, doesn't mean it will certainly happen again. Anyway I think price probably will recover before 1-2 years. But buying during a bubble and holding without stop loss is not a good investment strategy and should not be an example of being "smart" despite of results. It also doesn't mean that someone will have the forethought to sell at the right time (or to not sell at the wrong time). Someone who bought in 2011 had to wait through many bubbles in order to have their bitcoin be worth what it is today. Each bubble, both the runup and the pop would give someone who has been hodling a long time many chances to sell |
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You laugh at people's request for a valid collateral? Your account is nothing special, you are nothing special. We are all equals here and you can't expect people to loan you 0.15 Btc if you're so uncompromising given the history of this sub-forum.
Well yes I laugh at people who come to a thread, which is for a loan titled "NO COLLATERAL". If I was interested in offering collateral, I would have stated as much to begin with. If people do not like the tersm, they are not under any obligation to invest. If the post was titled "possible collateral" or "collateral negotiable" that would be different. But in my title I posted: "Re: Loan needed 0.15 btc - 10 days - No collateral " No collateral, means no collateral. Is that so hard for people to understand? The people who are posting offering to lend you money with some kind of collateral are trying to offer you a solution to the fact that you need a loan and that you will probably not get a no-collateral loan with your lack of trust. Furthermore your response to people who are asking for collateral more or less ensures that anyone who was considering making the mistake to lend you money without collateral are not going to want to do so because of your lack of respect towards others It's possible that you missed it, but the people who came to this thread, had no intentions of loaning money. They asked for something that was not offered. I offered an opportunity to invest, with NO COLLATERAL. When someone comes here and demands collateral, that is very disrespectful. If you don't want to loan money without collateral, then move on. No need in being rude, and demanding something that is not offered. And besides the loan offer is closed. I no longer need it, as I said yesterday. I counted three people who were willing to lend you money. Regardless of what kind of loan you were able to get on any other lending site, this is not that website. Lenders are much more conservative with risk here then on other sites. What the lenders were doing was the fine art of negotiating - they were asking for something in addition to what you were offering in order for you to get what you wanted. People have scammed for less then $1 so the fact that you say you will not scam for $49 is illogical. To lend to you without collateral would not be an investment, it would be a gamble. To respond to the fact that your password was reset recently, what you are describing happening was you changing your password, not resetting it. When you reset your password you either use your email to receive a new temporary password or use your security question to change your password (both without knowing your previous password) |
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The government is very present everywhere including in the Economy and they control the capital but they are going slowly in the correct direction in the sense that they talk about less control and restriction.
Their efforts were initially directed on making sure that the massive population finds productive employment. Once this is taken care of, they may consider lessening restrictions. They have a plan and it is working. They became the biggest and better producer and now the Yuan will increase in value and the chinese will enjoy even increasing standard of living. There has been buying pressure on the Yuan for decades because they are a net exporter. The chinese government has intervened via keeping the price of the Yuan generally fixed which helps keep the prices of chinese exported goods competitive internationally. If the price of the Yuan was able to trade freely then chinese goods would be much more expensive and the chinese economy would not be what it is today They deliberately kept the Yuan low but now they are ready to let it appreciate against other currencies. Why would they want to do that? A weaker currency is beneficial because their exports will be less expensive to their trading partners and imports will be more expensive, giving local industry an advantage domestically |
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The vast majority of merchants are going to sell the bitcoin they receive regardless of the season. I am not sure that merchants like overstock (and others that accept bitcoin) have seen that much of an uptick in bitcoin related payments since black friday
Agreed. I'd question it myself... merchants need to keep their stock moving. Their inputs will be in all likelihood bought with fiat so they'll be exchanging it as soon as it is received. Exactly. The fact that there are not enough businesses accepting bitcoin for things like inventory and business services essentially forces businesses to sell their bitcoin for fiat so they can pay their suppliers and vendors (and employees) |
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simultaneously with the Japanese bringing nuclear back online
Reasonable explanation especially since Abe, who is conspicuously pro nuclear reopening, won a decisive election victory a few weeks ago. While only one (or possibly zero, I'm not sure) Japanese nuclear plant has literally reopened so far, the market may be responding to expectations they will reopen. There was a large run up in oil prices from about 80 USD to 120 USD in 2011 after Fukushima. A significant increase in the use of nuclear power in Japan (and more importantly elsewhere) will likely lead to long term lower oil prices. It remains that nuclear energy is much safer and much cleaner then other types of energy (including 'green' energy like solar and wind) |
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I don't think merchants that convert the bitcoin they receive from sales to fiat immediately should really truly be considered to be part of the 'bitcoin economy' as they are both pricing their goods in terms of fiat and receiving their goods in fiat. The only real exception would probably be overstock who only converts a portion of their revenue to fiat and is active in the bitcoin related economy/community
I agree with that view. While merchants accepting bitcoin helps us increase the popularity of Bitcoin, we really shouldn't be considering it as part of the Bitcoin economy. I think a bottom-up approach will be the way forward for companies to start accepting bitcoins. In a supply chain, a manufacturer who produces basic goods from commodities may find it easy to accept bitcoin. You could then move up the supply chain, with other manufacturers accepting bitcoin. The car manufacturer would probably be the last to accept bitcoin, doing so after everybody else accepts bitcoin. This scenario doesn't incorporate manufacturers accepting bitcoin through coinbase and converting it immediately into fiat. You describe the ideal bitcoin economy, which is unlikely to happen for at least a very long time. I would say the next step in the direct of the above is to start seeing business to business bitcoin transactions, which are very rare now. The only real b2b bitcoin transactions are possibly between mining manufacturers and corporate mining farms |
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You laugh at people's request for a valid collateral? Your account is nothing special, you are nothing special. We are all equals here and you can't expect people to loan you 0.15 Btc if you're so uncompromising given the history of this sub-forum.
Well yes I laugh at people who come to a thread, which is for a loan titled "NO COLLATERAL". If I was interested in offering collateral, I would have stated as much to begin with. If people do not like the tersm, they are not under any obligation to invest. If the post was titled "possible collateral" or "collateral negotiable" that would be different. But in my title I posted: "Re: Loan needed 0.15 btc - 10 days - No collateral " No collateral, means no collateral. Is that so hard for people to understand? The people who are posting offering to lend you money with some kind of collateral are trying to offer you a solution to the fact that you need a loan and that you will probably not get a no-collateral loan with your lack of trust. Furthermore your response to people who are asking for collateral more or less ensures that anyone who was considering making the mistake to lend you money without collateral are not going to want to do so because of your lack of respect towards others |
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Let me be more clear as to what I meant by 'Speculation will kill Bitcoin'.
We all know that there are large amounts of BTC just sitting in wallets. Those who have surplus BTC save/hoard them hoping that at some unknown point in time the value of those coins will increase.
This will have a long term negative impact because those coins will never be used to take part in the economy until someone decides to use those coins or simply cash out(that's another issue for another thread).
The reason why this works for the current system (fiat currencies) is because they have a tool regulate economic growth and monetary supply which acts as an incentive. This tool is called INTEREST RATES and it is the backbone of the current system in many ways.
Now the reason why I mention this is because we are forgetting something important here. Bitcoin ALREADY HAS a tool for economic growth and monetery supply we don't need INTEREST RATES or SPECULATION because they are obsolete tools used by a soon to be obsolete system. We have Bitcoin.
When the velocity of Bitcoin (How fast bitcoins are changing hands) increases substantially, the effect of hoarders will not be felt at all. The existing bitcoins will be used so frequently that the price of bitcoin will be stable. At that point, hoarders gain nothing by holding on to their bitcoins. In order for the price of bitcoin to remain stable the actual trading volume (on exchanges) need to be high and the market depth (needs to be high). To clarify your statement, bitcoin needs to actually be traded for either fiat or other things of value (most likely goods/services) in order to have a high velocity. You cannot simply send bitcoin to another address/wallet that you control and call it "trade". The fact that many transactions are sending money to yourself (at least partially), the best way to measure trade is via exchange volume |
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