The OP post have two misunderstandings in it.

First one is that you idealise gold. Both of the assets are mined with the difference that its the bitcoin that is finite. We do not know how many gold there is to be mined. Both of those assets are being somewhat altered - there are different kind of coins, gold bars etc. etc. all of them have different price, different risks involved in buying them and such. Most of the gold is a virtual promise to pay, and those promises to pay are a subject of manipulation more than bitcoin.

Secondly, the word centralisation implies that the power distribution comes from one source. That is not true. There are many nods, many miners, and many bitcoin users. They do not agree with eachother. Just because we must come to an agreement once in a while, means that bitcoin is decentralised. Otherwise there would be no talk about the consensus, only about the orders from the above.

The problem with the unemployed is that there are two groups of them. One, that is dangerous to the government statistics - those are the people that are searching for a job. The other group is the group of people that are actualy the desired effect from the governamental statistics perspective. Those are people that no longer search for a job.

From some perspective the bitcoin "self employed" could be viewed as the second group, as they are more like part time freelancers that are not registered rather than an employement. They are no longer unemployed but they do not participate in the market from a job market perspective. So they do not have the job experience or a career to make. Sometimes your own initiatives might be viewed positivly by the future employer, but not always.

We keep you by your words. Its wednesday by now. Some of the faucet users seems to be on hold, because of the payments are on hold. It would be nice to show that the game fine and well.

By the way. Could you implement one feature please? Could you implement the code for a button, that renew the contract to more than one player at a time? It is daunting to renew the contract if you have many players available.

That is how it works. People were selling hoping it will go lower. It was falling so long time by now, that it would probably fall even more. When the price stagnates now they are buying out because they are sure now it will not fall down now because it is not falling. That is when the second phase of dump occurs. Im not saying it will. But dumping most of the time comes in pairs.

You miss one point here. In some part of the world the costs of living and wages are way lower than in the Unitated States. Sometimes its so vast differences as ten times or so. Another point you miss is that there could be 100 faucets someone uses.

I think you exaggerete the 1000 satoshi per hour. I think its too much. Most of the time its far less.

There are not enough of a good faucets to make living on them in a third world possible. Most of the faucets takes way too much time and have the feeling of working with them. Imagine the faucets that gives entertainment like some gambling sites do, and for addition they are fast and easy to claim. That would be a great additional income. Sadly its not possible nowadays without boring yourself to death.

Sadly there are very few entertaining faucets out there to make such an option viable for third world countries.

There are two very entertaining faucet games that gives surprisingly high reward:

http://www.satoshigalaxy.com/?r=przemax

https://bitfootball.net/index.php?r=17h8ZEmFae6TCVV2RSMSNKRyTYjMYJauHx

Please use my ref links, and I will teach you how to play them properly.

P.S making high quality posts takes a lot of time as well. And making yourself a member status takes even longer time. You do not feel it like so, because you would use the forum anyway. So if someone is having the entertainment by playing, they do not feel it as wasting their time.

Maybe it is not much of a plan but surely it gives some testing grounds for them. Either it was planned or not.

To have a power you need to flexible. Some people, usualy 5% of the male population needs to be treated somewhat special. Most of those people are problematic as well, and maybe, just maybe, the bitcoin was designed to keep them busy and under the control.

There is another possibility that bitcoin community is some sort of a controled opposition to the NWO and therefore is a part of it.

Congratulations for all of the lucky people.

I wish I was so lucky as some. Im playing regularly for few years and the biggest win I ever had was within hundreds of thousands satoshis.

I think that some of that luckbased sites might have system similiar to Entropia Universe. It seems to be random, but there are some more favoured people, and some activities like reinvesting the funds might bring you "more luck".

I hope this post will bring me luck, as I know I would be sharing my luck here.

I would really be surprised if it will come to life again. They are abusing the fact that they had payed for the domain. Once that will expire the site will probably go offline.

Its too bad for the owners of the faucets. It makes more than one people look like shill in the process. But there is a bright sight to it. Maybe in the future it will be harder for people to be scammed on larger sums.

I had already payed out more than 10k satoshis, as you can see on the screen below. You should have an increased number of workers so that its worthwile to withdraw. I have a farily developed mine havinh 157 gold per minute - that is like 200 satoshi or so per claim once in 2 hours.



Im withdrawing 19200 satoshi now



BTW devs - what is that?



INF BTC? Some bug?

For anyone that will use my refferal link, I will give any amount of iron, mithril and gems for free.

http://dwarvenbitmine.com/signup.php?ref=5825c47878ae2

I see that people are feeling bad about the bank using their money. But basicly its abusing people money, using it as a collateral on 10:1 or more levarege basis to borrow more money. If the money would be used wisely, noone would have any hard feelings about it. Right now the money that are in a bank should not be treated as collateral because it does not belong to the bank and can easily lose its collateral status.

That is all a basicly a fiction that is based on statistic and mathematic basedl ficticious economical models. I do not have to say what my feelings are about that.

The most important reason for the market crash, was just a normal correction, after a period of growth and stagnation in price. The panic that has followed, was caused by people have some doubts about the bictoin. Those doubts were caused by the problems that bitcoin currently have. Those problems are including the high transaction fees and the risk of hard fork.

Other people were being afraid of their gains and as usual in market behaviour, people were trying not to be at loss. Some people were having a lot of gain, so they wanted to ensure their profit taking, even smaller ones.

It was all about to be expected. We need now to test some support. I would say it will be the last time chance to buy if support will hold. Such a behaviour is not at all a surprise to me. What is a surprise is how fast the bounce was. Usualy after the huge decline in price the recovery was quite slow.

At that price of bitcoin, the cost of a single transaction would be terribly high, unless some changes will ensue.

Im afraid given that cumbersome property of bitcoin, that fees depends on the miners you might not see 50k per bitcoin. Does that mean that you will be immortal? Maybe not. Maybe the price will reach such a state for some unsustainable period of time for you to be able to die .

As long as your wallet have no direct contact with any cryptocurrency exchange, you are as good as anonymous. If your wallet have the contact with any cryptocurrency exchange you can use the bitcoin mixer. The one within my signature is a prime example of one. Your contact with the exchange would be so hard to trace that you can easily say you are a virtualy anonymous.

Ofcourse its good to use TOR, and not have a spyware to be sure about your anonimity.

Making money out of it is as good of a reason as any else to be interested into bitcoin, but if you wanted to really be rich you are pretty much too late imho.

There are many other more proper reasons to be interested into bitcoin, other than your fiat value. Its great to be interested in it for the community, the knowledge how people fight with the establishment. Its the knowledge of how establishment inflirtrate bitcoin and other cryptocurrencies and such. There is a lot more to it than just money.

Its lastly a great social experiment, if greed can destroy great project, or not.

I agree with the article that one of the symptoms of the current financial sittuation is the wage slavery. Its somewhat a solution to the existing problem, by having a numerous almost slave like labour that is so much in debt that it will serve as a good financial colateral.

As long as people can be sold into the debt bondage the system won't collapse, as it does not matter if the system is absurdal. If it has a free lunch in form of slaves, the efficiency is not important.

Welcome to the bitcoin land - To the land of unrestricted speculations. If you are of faint heart, just do not invest any more than a symbolical ammount that will teach you how this all work.

Right now the bounce back is fairly convincing all will be well. There are people that are enjoying a long squozes from time to time. But such a sittuation is everywhere, where you can invest anything. If you do not like it - do not invest.

There is such a rule in the bitcoin land. When there are some major changes to happen, few months before there are always a major drops in the price. By the time the change happens, there are noone left to sell, that would be willing to sell otherwise.

I do not know if people want to outsmart others, are scared that bitcoin can go to zero. All i know is, that it means that bitcoin has too much speculation money for its own good, and way more speculation than the uses. Thats a sad part. The happy part is that its always bounces back. Its like its second rule.

There are a lot of reasons, but mainly they are political. My main reason to look after the bitcoin, was because of my a dream, that one day people will use their own currency, after i was inspired watching a documentary the Money Masters. It is not exactly what I was hoping to be later on, but still its a great experiment. One can learn what to expect in the future, what people expectations are, and how powers that be reacts to the concept of peoples currency.

Other than that it sometimes more economical, faster and safer way to transfer money.

As every income tax on financial speculation gain, "bitcoin tax" can be prolonged by making investments with the gained income.

That does not save you from paying tax but it just prolongs the payment. And maybe it is not so unfair, because you might as well lose that income in the future.

I am not advising anything. Its not that I am doing that, thats all I have heard how rich people avoid paying the income tax.

They either present transfers as loses, or they invest the gains. For the not so rich like ourselfs, buying things with bitcoins is a great way of spending the gained bitcoins over the internet without the worry of taxing errors.