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4721  Other / Beginners & Help / Re: Good websites to Invest My Bitcoins? on: August 18, 2015, 01:59:15 PM
I will say don't invest on any site..because there is no shortcuts in earning this will only encrease the risk percentage ..you can even losse money in this..I will advice you use this money to develop your skills that's all..lateryou canearn a lot more money with that skill

yu agreed dont invest your money on any site,anyway i've got scamed by coinsdouble iam so sad

Well obviously I dont use ponzi, but i want real investment sites that are also safe and not scam sites.

There have been plenty of nice sites here listed so i will check them out.
4722  Economy / Economics / Re: Economic Devastation on: August 17, 2015, 11:34:48 PM
My whole point is that the wealthy decide the future of humanity weather you like it or not, and [the wealthy], do not like low IQ people.

You confuse g (i.e., "general intelligence") and particular intelligences (hence, the post that cites course material from a graduate-level psychology course). Certain intelligences (namely, those of Socrates that ensured his demise) might prove hostile to plutocracy (at least, without the plutocracy); however, other intelligences might aid its "self-actualization."

I`m talking about general problem solving intelligence.

The guys who have photographic memory and other "gifts" can easily be replaced by AI, but the problem solving one can't be because an AI doesn't necessarly work on the human desire level, and you end up with a SKYNET terminator apocalypse.

We know that AI run world will come eventually, the question is, how are we going to integrate it with humanity to avoid humanity's destruction?
4723  Economy / Economics / Re: Economic Devastation on: August 17, 2015, 10:32:22 PM
But it's you who can't graps the fact that the corporations are more efficient and drive out competitions with or without printed money.

http://www.citylab.com/work/2012/09/radiating-death-how-walmart-displaces-nearby-small-businesses/3272/

...

Besides I got an IQ of 138 just for the record.

No you don't. There was something wrong with that test. Which just goes to show IQ tests are bullshit.

You don't seem to comprehend that monopolizing a zero margin directed sector of the economy is akin to having sex withraping a dying old woman. Not a gratifying or relevant achievement.

Edit: even if were true that low IQ individuals are worthless to society, then they will be culled by nature and evolution will raise the IQ levels rapidly with natural selection. Nature is not as helpless as you seem to imply with your top-down proscriptions.

The plight of people today is much better than in the Middle Ages when there was so much overpopulation that human labor was nearly worthless. The Black Death resolved that.

The problem of the world today is that the Industrial Age capital is dying. Individuals need to break free of that morass on their own accord by embracing the autonomous opportunities available to them in the Knowledge Age.


I really need to stop commenting. So if you insist going on with your top-down Chicken Little Malthusian themes, I guess you'll get the last word in our thread for a while.



Edit#2: George Carlin - People Who Ought To Be Killed seems appropriate in this context.

Thats a really rude comment and you fail to address my points, you just mumble around and reiterate your points, which i clearly refuted, but instead of you defending it you just now start insulting and repeating yourself.

I never said that low IQ people are useless to society, and you really misinterpret my points (perhaps intentionally).

My whole point is that the wealthy decide the future of humanity weather you like it or not, and they, do not like low IQ people.

http://21stcenturywire.com/2014/01/24/human-cull-how-to-decode-elite-eugenics-propaganda/

Just read eugenics books that were written by the elite and you will see that they all call for population reduction and elimination of "unwanted traits".

So either nature will eliminate low IQ or the elite will, in either case, we will see a very dark future in our paths because it seems to me that humanity is getting more and more at the edge of it's existence.
4724  Economy / Gambling / Re: Lets expose all the bad Bitcoin Casinos on: August 17, 2015, 10:04:06 PM
great idea to warn people but personally I don't prefere casinos at all. awareness of probability keeps me away from them:)

Sure thats like an open secret, like wrestling, but that doesn't mean that you can't enjoy gambling / or / cant win a jackpot and retire.

Many people retired from their gambling earnings, so there is always a positive and negative side to everything.
4725  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DUB] DUB [FULL REBRAND][BITTREX][YOBIT][MUSIC STREAMING] on: August 17, 2015, 09:37:39 PM
Ok so whats up guys, i`m holding this, what will come out next.

Any innovations? Developments , projects?

C`mon devs please work in it harder, we invested much money in you!
4726  Economy / Economics / Re: Bitcoin or gold? on: August 17, 2015, 09:30:59 PM


I don't care how long it takes to clear, since I can spend the money right at the moment it shows up in the balance (which happens instantly). I speak for myself. "Your mileage may vary", but I guess you gotta be more picky about what bank to choose as the card issuer...

It appears that you never bought anything with a bank card on the Net. The payment gets confirmed momentarily (just in case you wanted to know, but were afraid to ask)
Thats a good joke. Sure you buy it instantly but there are reprecussions until 30 days, for example if you are the vendor you are quite unhappy if  some scammer from a 3rld world country with fake card gets to steal your stuff and dont even pay for it.

Bitcoin encourages vendors to use it.


Sometimes... actually often times, I have to wait up to an hour to get my transaction confirmed, to get just one confirmation (when I need two or three)

Next time dont be greedy and put a fkin 0.0003 fee there and it might be faster then.
4727  Economy / Service Discussion / Re: Is there any game site to earn bitcoin? on: August 17, 2015, 08:53:21 PM
There is HYPER which is a crypto currency you can earn by playing games.

Then just convert it back into BTC.

http://hypercrypto.com/
4728  Other / Beginners & Help / Re: How to explain Bitcoin to your Granparents [InfoGraphic] on: August 17, 2015, 08:46:50 PM
Actually this is like compared Bitcoin with Fiat currency, but it's worth to do Grin


Source: you can see on the pic Cheesy

Its not correct, the fiat money is not backed by "products, services and the economy of the issuing country", its backed by nothing.

The products and services would exist with any other currency, so the current currency can easily go and the products would be there (except for the chaos that would cause).

But if you`d switch DOLLAR into DOLLAR2 which would be the exact same characteristic currency with the same supply, it can be swapped and nobody would notice.

You cant swap BTC with LTC because people would notice and would not be happy!

4729  Other / Beginners & Help / Re: Do Newbies (or Anyone) Enjoy Paid Bitcoin Tasks? on: August 17, 2015, 08:42:25 PM
As part of the research I'm undertaking for my soon-to-be launched faucet, I'd like to know:

Do you regularly visit PTC sites or task sites which pay out in Bitcoin?

Message me if you want some simple tasks to do!

Not really I had multiple task sites on my site, on one I had over 70 referrals and none of them did the surveys. Maybe 3 out of 70, and they did it once, and never even logged back in.

So that tells something about these task sites, sorry there bro, but no people are interested in that now.
4730  Other / Beginners & Help / Re: Best way to earn Bitcoins? on: August 17, 2015, 08:40:44 PM
I use faucets when i have time to kill between my programmations or emails or forums answering or poker games...etc...etc...



Your a full member now Sir. Don't have an interest to join a signature campaign? Many users waiting for their account to became a minimum full member and even buying one but you are still not taking any signature campaign. Or maybe you have a secret bitcoin method that grows your BTC's. Cheesy

I don't know if take advantage of is best wording.   But yes signature campaign will be much better then faucets.    You get paid for doing something you would do anyways.

Just make sure to have good posts.  If they are crap posts then a ban will follow.

I though he already have his own faucet and i think he got some profit from there cmiiw
but actually signature campaign still best way to earn bitcoin

No its not, it's the 2nd best.

Best method is trading/investing. Especially in low cap altcoins on smaller exchanges, that can make 100000% ROI in few months.

There are tons of innovations in this field now!
4731  Other / Beginners & Help / Re: How earn 1BTC a year? on: August 17, 2015, 08:39:28 PM
You do realize guys that you can earn 1 BTC/day, and not /year.

There are many trading and investments that yield that much, not ponzi, but real altcoins and other type of good investments.

There are many opportunities in the crypto world, some with big ROI!!
4732  Other / Beginners & Help / Re: Did you earn some bitcoin today? on: August 17, 2015, 08:37:26 PM
0.5BTC Today not a bad day Smiley

Same with me, but me only 0.45, it was a great day indeed!

I was trading at yobit and bittrex, so it is crypto trading profits.
4733  Economy / Gambling / Re: Lets expose all the bad Bitcoin Casinos on: August 17, 2015, 08:36:25 PM
Ok so what is the reason why not to use them? You listed 2 casinos , but what is the reason?

Do they cheat? Do they not pay? Do they have bad customer service? What is the reason?

4734  Economy / Speculation / Re: Bitcoin will die forever ? on: August 17, 2015, 08:17:19 PM
I guess after halving bitcoin can dump quite radically

What ? since when the price decrease when the supply decrease ?


Correction, its not the supply that is decreasing, its the rate at which the supply is increasing is decreasing Smiley

Or in other words the yearly inflation halves.

I think he meant pump not dump, probably a misspelling.
4735  Economy / Economics / Re: Bitcoin or gold? on: August 17, 2015, 08:15:00 PM
Bitcoin is much easier to divide than gold is. Gold was also used as currency for thousands of years. Many countries and civilizations used gold coins as their currency. Bitcoin can be used just like gold was as a currency in the past.

its better to treat gold as an asset and respect what it is, use it in jewelry and to add a look of class and luxury to products. Treating it as a currency rather than an asset might be a really weird thing to do, it'd be like doing the same shit and going back in time. Time for digitization, speed and user friendly currency. Bitcoin exceeds my expectations regarding that Smiley

Fiat payment systems like Visa or Mastercard are truly instant, in the majority of cases. Decentralization comes at a cost. But then yes, gold is not for the masses...

Wtf are you talking about VISA and Mastercard needs 3 days to clear, and can still be charged back 30 days after. I`d say the TX duration is 30 days then, because until it is not finalized, it is not over.

Bitcoin takes 10 min, and with other crypto takes 1 min. Gold cant even be transacted unless via a centralized banking system or if some exchanges setup gold transfer functions (i think i saw on a report a guy who worked on a centralized gold payment system)

But still even if they do it, it will be the same as the current SWIFT, except with gold.
4736  Economy / Economics / Re: Economic Devastation on: August 17, 2015, 02:09:58 PM
Even a person with an IQ of 95 such as my brother-in-law who is working in a hotel in Brunei are capable of more than manual labor. He is doing many knowledge age sort of functions such as creating dance classes for the guests, etc..

I already told you the artist class is only like 0.1% of the job market, so its really surreal to think that everyone will be artist in the future and even if that were true, the competition would be so big then that most of them will be driven out, and become again unemployed...

RealBitcoin you must be one of those low IQ people you hate.

How many posts now have I tried to explain to you that so called "lower IQ" people are not so worthless that they can not work to feed themselves. Only welfare and inflated living expenses due to rampant debt driving up the prices of everything causes them to not work. Physical products are declining towards 0 price due to technological advance.

Besides it seems you don't understand a Gaussian distribution means half of the population has an IQ higher than the mean. If you are insinuating that only a person with a 140 IQ can earn enough to buy their own food, then I think I will just ignore you now.  Roll Eyes

But it's you who can't grasp the fact that the corporations are more efficient and drive out competitions with or without printed money.

http://www.citylab.com/work/2012/09/radiating-death-how-walmart-displaces-nearby-small-businesses/3272/
http://dailycaller.com/2015/02/06/franchise-rule-could-destroy-700000-small-businesses/
http://moneymorning.com/2013/05/29/how-big-corporations-are-destroying-the-free-market/

So unless they lose all their money in the next crisis (unlikely), you won't have a free market. They are ultracompetitive and they fill out all inefficience gaps in the market, so small businesses will be outcompeted by millions.

Do you realize that you will be shoveled out of business if you are not competitive?

So how do you think low IQ people, and undercapitalized ones, can compete with a mega corporations, where every advantage is on the corporation's side?

EX: Average Joe opens a Grocery store and he wants to compete with Wallmart.

-He doesnt have good connections with producers, and he is new so he wont get discounts
-His accounting is probably inefficient and will lose money on that
-His electricity configuaration is also inefficient
-Taxes and regulations also bury him under 5 feed of dirt vs big corporation
-His workers are probably unskilled and he doesnt ave the time and money to train them
-He is new so he doesn't have many customers
-He doesnt have a parking space, so he wont have massive buyers
-He cannot afford promotions and competitions that big store usually do to attract people
-He will get harassed by all kinds of government inspectors like they like to harass small shops
-He doesnt have money for proper security systems so he can get robbed
-He doesnt have enough credibility so he cannot get bank loans easily to expand his business
-He might get harassed by local gangs and mobs
-He can barely pay his insurance costs and employees
-He will offer his products at a high price to cover all his risks, which will make him very uncompetitive
etc...

So a small business owner has all this negative disadvantage on his side vs the big and established corporation near him, so its no wonder he will go out of business in a matter of months.

Sorry this is reality, sharks eat small fish.

Besides I got an IQ of 138 just for the record.

4737  Economy / Economics / Re: Economic Devastation on: August 17, 2015, 01:42:33 PM

What that means is that you and no one else can top-down decide which individuals in which situations will be worthwhile. It won't depend on just one metric such as IQ. Life is much more complex, chaotic, and higher entropy than just IQ. I explained it as follows in my seminal essay:

But we are talking about the economy here, where people are money oriented and go where the money is.

We already see massive unemployment in Europe due to corporations moving out to S-E Asia and Africa to find cheap labour. The labour market is just optimizing, everyone follows the incentives.

A corporation wants to make more money, so it has to move to places where you find the same quality labour for /10th of the price.

This is partly due to minimal wage laws (employers forced to pay high salaries to people who dont produce that much, so they lay off bad quality workers, a.k.a socialist job-buster ) , high regulations, and printed money.

But even if those 3 elements weren't there, it would still happen eventually, as technology grows. So socialism only accelerates the problem, but it doesn't cause it.

The real cause of unemployment is technology & human incentives, which can't be changed.


So as high IQ people in the past got wealthy (they can do it just now but a bit harder) and were smart enough to not raise offsprings that are spoiled brats and waste their wealth. Instead this old money got preserved by the rich people's families. Perhaps not all offsprings but some:

http://www.dailymail.co.uk/news/article-3195273/Son-Swiss-multi-millionaire-convicted-deliberately-setting-fire-150-000-Ferrari-458-Italia-failed-attempt-claim-brand-new-supercar-insurance.html


So like it or not, they were smart enough to keep their wealth, so they now dominate the planet, and unless you can raise to their ranks with intelligence, cunning and a bit of luck, its hard to imagine that anyone of us will dictate the future of mankind.

Thus these corporations will dictate it (unless a massive economic reset happens as I said already, and the rich will be dumb enough to not arrange their wealth safely and lose it all)

So as technology becomes more complicated LOW IQ PEOPLE & LESS CAPITALIZED PEOPLE (which is nearly the same), will be shoveled out of the economy, and 1 out of 3 outcomes will happen:

Quote

So basically 3 futures can exist:

1) 1-2% of the population with IQ over 140, and the wealthiest, will provide the goods & services in the more and more complex economy, the manual labour will be achieved by robots, and the rest of the people 98%, will be on permanent welfare like some freeloaders, in a massive socialist economy

2) The elite will do eugenics, and will wipe out the low IQ people with war,plague or else, and reduce the world population to a very very small level, and only keep the high IQ people alive.

3) The economy will be reset, everybody loses all their money, and we start over, but soon enough the high IQ people will again emerge wealthy even with equal opportunities, and the same shit starts again.


I`d prefer 3) but i think 1) is the most likely outcome unfortunately. I also think that if 1) will become true then it's only a matter of time until the elite will become fed up with so many freeloaders so 1) will become 2) in a matter of years.


4738  Other / Off-topic / Re: Let's talk about how hot Asian girls are. [NSFW] on: August 17, 2015, 01:31:30 PM
Please someone brina me to Asia.


Get rich fast with bitcoin or altcoins, buy a ticket to asian country and get yourself some of this nice pussy.

Asian girls like guys with money i bet with 500k $ cash and a better car you can get all babes there!
4739  Economy / Speculation / Re: Bitcoin will die forever ? on: August 17, 2015, 01:29:03 PM
Well there might be new bugs discovered later who knows.

But as the current situation is, you can never be safe enough, thats why diversification is the best thing you can do.

Put some LTC, NXT, Monero and other stuff too in your basket, so if BTC for some reason dies, another will quickly takes its place, and you wont lose all your money only a small % of it.

I guess that's another issue becauseI 'am not really used on alternative coins so I'am not sure which one of them have big potentials on the future to succeess .
Well there might be new bugs discovered later who knows.

But as the current situation is, you can never be safe enough, thats why diversification is the best thing you can do.

Put some LTC, NXT, Monero and other stuff too in your basket, so if BTC for some reason dies, another will quickly takes its place, and you wont lose all your money only a small % of it.

I guess that's another issue becauseI 'am not really used on alternative coins so I'am not sure which one of them have big potentials on the future to succeess .

Thats why invest what you can afford to lose cos you dont know what will happen..

Bitcoin wont die in the next coming of years..

I should perform all bitcoin's functions (perhaps even better), have a lot of innovation in it (we dont want copycats) and be trendy and easy to market.

I think this is the attributes a succesful altcoin should have but even this doesnt guarantee that it will succeed, perhaps a little luck is needed too!

Bitcoin is ok for the next 10 years in my view, if until then a better one doesnt come out, then bitcoin will remain forever, if it will then my guess is that they will share market cap 50%-50% and bitcoin will lose in 20-30 years.
4740  Economy / Speculation / Re: Cup and Handle ready to propel price towards $400 on: August 17, 2015, 01:01:52 PM
Yep the USD is definitely in a bear turn now.

Just look at EUR/USD its been collapsing for 4 years now, and it hit very low support zones, all based on the rhetoric of the FED of raising USD interest rates, which it wont.

If truth gets out EUR/USD will get pumped back, and possibly BTC/USD too as the calamities in the market will have a + favor for BTC!

People often forget, that FED isnt concerned just about inflation but about China too - and those guys are notorious for manipulating Renmimbi. Raising interest rates would put US companies at disadvantage.

I didnt really watched the china situation, but i know that basically the FED is begging the PBOC to leave them alive. They are rivals but they are in this together, China owns most of US bonds, and China has most exports to US (although they are strategically repositioning themselves already) so its their common interest to have a strong economy.

I bet the FED guys were frightened when they saw the Chinese stock collapse, they though that if China has market problems it might sell their US T bonds, and then the FED would be in big trouble.

Either way this is only a cat-mouse game, and QE4 will happen eventually, so USD will be sacrificed to save the US economy.

At which point BTC/USD can be not 400$ but 400,000$ Cheesy
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