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541  Other / Politics & Society / Re: Is Osama Bin Laden really dead or not? on: June 19, 2017, 11:24:15 AM
I passed by an article which I was intrigued, I know this is not new to most people but what do you think guys? is he really dead and gone forever?

Tikalbong, do not just put too much importance to anything you've stumbled upon over the internet. Perhaps it would be prudent if you check the source first before bringing it up for a discussion. You know, conspiracy theorists are all over the internet. If you notice, most of these theories only need a little common sense for you to immediately identify them as garbage.

Well, for your information, aside from Osama bin Laden; Adolf Hitler, Marilyn Monroe, Elvis Presley, Jose Rizal, Ferdinand Magellan, and so many others actually died of old age.  Grin Grin
542  Other / Politics & Society / Re: Dangerous country on: June 19, 2017, 09:08:10 AM
Which country is the most dangerous with regards to animals

Quote
With a hidden camera they filmed animals undergoing mistreatment.
They remove the skin of all still living and claim that it is to allow a clean cut. After throwing the carcasses into piles, still alive and for about 10 minutes the heart beats and eyes blink and the paws of the dogs shake. There is still one who raised his head and fixed his bloodied eyes straight for camera.


http://features.peta.org/ChineseFurFarms/

In my opinion they are the Asian countries, but as you requested one, I will say that it is China.

I have a dog that I love very much and I can't believe when I see the Chinese doing cruelties with the dogs

I am admittedly not well-research as to animal welfare in different countries around the world but I have heard and read a lot about Chinese cruelty to animals. Not as a matter of animal "sports" or gambling such as horse fighting, dog fighting, cockfighting, and others. In China, almost every kind of animal is killed for human purposes, either for plain human consumption or according to pseudo-medical beliefs of having an element to cure whatever diseases or illness or as aphrodisiac, and others. Live dogs are tied in the market for sale as food. Even pangolins, turtles, birds, and other weird and endangered animal species are all for human consumption as food.
543  Bitcoin / Bitcoin Discussion / Re: bitcoin changing my ideology from socialism to libertarianism! What about you? on: June 19, 2017, 08:27:04 AM
What is the matter with you, mate? Been undergoing some illegal sessions lately?

You are romanticizing bitcoin too much. It's as if bitcoin is favoring either of the two. It is all right to amass wealth, but if your whole life is spent for it that you forget every other thing there is in life, then you might as well live simply but happily. And are you gonna be satisfied when you can buy anything you want in life but your poor neighbor cannot even eat three times a day?
544  Bitcoin / Bitcoin Discussion / Re: Why some people prefer Bitcoin over fiat ? on: June 19, 2017, 06:43:46 AM
I have read that several underground transactions involve bitcoin. So perhaps some preferred bitcoin over fiat because of its anonymity. Highly concealed transactions involving drugs, arms, assassination, and the like use bitcoin as a form of payment. Especially in the deep web, a large amount of bitcoin is changing hands. And as far as I know, 96% of what's going on in the web are in the deep web. What we can access through the famous browsers are only the surface.

Satoshi Nakamoto, a genius, of course, did not create bitcoin solely for this. Just like anything else that is neither bad nor good, it is how people use it that taints its reputation. Our current fiat currencies were invented for commercial purposes but some crooked-minded people use them for some bad activities. As such, you cannot blame bitcoin or any fiat currencies.
545  Economy / Economics / Re: Bitcoin reduces unemployment on: June 19, 2017, 03:35:39 AM
I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world

What is your opinion this time?

Not really reduce unemployment. People who are not employed but are into bitcoin remain unemployed. In fact, when a statistics is to be done, these people who are staying at home facing their computers carefully watching the price fluctuations of bitcoin and other cryptos to earn money, shall still be classified as unemployed.

Employment means working under a certain government or non-government or private organization or company, complete with working contracts and other agreements and regulations and policies.

Bitcoin traders do not fall into such a category. But they are definitely earning much more than many of the employed ones. Bitcoin may not reduce unemployment but it gives unemployed income, a decent one at that. That's a more important thing to consider.
546  Other / Politics & Society / Re: Solution to high taxes: get a second job lazy... on: June 19, 2017, 03:00:13 AM
Many people complain of high taxes, when there is an easy solution they're too stupid to think of.  Get a second job lazy ass.

So you want us to work for 20 hours a day, and then pay a tax rate of around 70% on whatever we earn, right? In my country, if we add up all the direct and indirect taxes, then it comes to around 60-70%. And the biggest comedy is that only around 2% of the population is paying income tax. The remainder is living off these 2%.

I think we somehow share the same problem. There are some differences, however.

Here in my country, the great majority, around 98%--poor and the middle class income earners--are working hard day and night just to make ends meet. Of course, it still ends up lacking all the time. But these are the ones that really pay taxes. It is from these hard-earned money coming from the sweat and labor of poor and average income earners that the government is being supported by its, well, low expenditures because the rest go to the officials' pockets.

The joke is this: the remaining 2% are earning way way more than the 98% combined without even lifting a finger, but they do not pay taxes. If they do, these are small pennies coming from their huge businesses. And the government is supporting them big time.

Opps, I feel like it was not a joke after all. It made me angry.  Angry Angry

547  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin money? on: June 19, 2017, 02:48:59 AM
I don't exactly understand what's the fuss about bitcoin as money or not.

If you are using it to buy something, then perhaps that already settles everything. Well, it is not in actual coin or banknote because it is made and agreed to be so. But, just the same, we all agreed to assign value to it and agreed furthermore that we can use it for commerce. However, as it is made digital, it is generally a digital money. But it doesn't remove the fact that is money, a new kind of money in this age of internet.

 
548  Bitcoin / Bitcoin Discussion / Re: Why Cash is better than Bitcoin. on: June 18, 2017, 03:30:34 PM
It is like you are asking a question like this .

Why water is better than food ?

1- Because water fill your thirsty 100% .

  - But there is another side if water is filling  your thirsty . food is the one ending your hunger Smiley .

Until the moment BTC can be printed out on coins . Fiat will remain > BTC offline but the other side is BTC is way > fiat    online . So it is totally 2 different sides .

There you go, kiddos!

Bitcoin and our current fiat currency, at least as of this time, seem to be both useful but mostly in two different context. Yes, bitcoin is a promising technology but you cannot simply use it anywhere and anytime you want. Bitcoin is a digital currency. Fiat is the hard money that we use when buying hard goods face to face without using the internet such as when you are buying from a stall beside the street.

Whether one will eventually replace the other, we cannot tell for now. So far, both are existing and are serving us well.
549  Bitcoin / Bitcoin Discussion / Re: Bitcoin Is Complete Garbage!!! on: June 18, 2017, 02:21:04 AM
The article has a point. But I think as soon Bitcoin progresses and achieves the ultimate mainstream media attention, the purpose of Bitcoin will be further enlightened. Shops and store will begin to accept Bitcoin. But it all depends on the future.

Well, at least there is something like an enlightened post here that shows unbiased analysis of bitcoin.

Indeed, while the article is clearly a critic about the existence and the foundation of bitcoin, it has a point nevertheless. And, yes it is true, new ones are emerging nonstop, crypto after crypto. But the article is also showing figures, not just simple figures but in billions. Which means even if there are critics of this new technology, the demand is simply rising rather consistently, reflecting trust from people.

550  Bitcoin / Bitcoin Discussion / Re: Does any bank accept Bitcoin? on: June 17, 2017, 04:10:05 PM
None that I know of, especially here in my country.

I think it is not going to be as easy as that. Even if a certain bank wants to, every country has national banking policies and laws that each and every bank is bound to abide with. If accepting bitcoin or any cryptocurrency for that matter is not legally sanctioned by any banking policy or law, no bank shall ever accept bitcoin.

I hope the day will come when banks would open their doors to bitcoin transactions.


551  Economy / Economics / Re: Cashless society on: June 17, 2017, 02:40:06 AM
Have you ever wondered how would the world's economy be like in the future as a cashless society?

Perhaps, with the increased traction of blockchain acceptance nowadays, could lead to the creation of digital fiat currencies powered by blockchains that are managed by governments themselves. With this in mind, there would be no need for physical cash, as digital fiat currencies would provide many advantages such as quick settlement, global payments, full transparency, implants use on citizens to make payments, and more.

If this becomes a reality, which I'm sure that it will, it would radically transform our lives for the better and reduce criminal activity as a result of the full transparency and auditability that a digital fiat currency would have thanks to the power of the blockchain technology.

Also, it makes me wonder if cryptocurrencies like Bitcoin would exist by that time, or will they co-exist with digital fiat currencies.

Nevertheless, I would like to know your opinion about this.  Wink

"Blockchains that are managed by governments themselves?" Blockchains are basically there to provide us full transparency and accountability. I wonder if any government would truly want full transparency and accountability. Or if it happens, I wonder what would happen to the transparent blockchains that we know now.

Here in my place, the Freedom of Information Bill, a proposed law mandating government agencies full disclosure of all public documents, took a very long time to hurdle all the obstacles in congress. After an entire administration has passed and another takes over, the proposed law remains to be a bill.

I hope I conveyed my point well enough.
552  Bitcoin / Bitcoin Discussion / Re: Be your own bank: Why Bitcoin is the most valuable cryptocurrency on: June 17, 2017, 01:08:16 AM


And because it's stable and predictable, it acts as an *international settlement system*,


Bitcoin is neither stable, nor predictable, if it's less volatile than altcoins, it doesn't mean that it's price isn't the problem for people who want to use it as a currency. Of course Bitcoin is very likely to grow in long term, but short term value is very important for a currency, you don't want to receive something that is likely to lose 5-10% of its value at any moment.


But the transaction fees are killing me!
- Many cryptocurrency users recognize the financial and human costs of ledger transparency and mutability in the existing financial system, but didn't realize that the cost of immutability in a cryptocurrency could be the same or higher. Consider that correspondent banking is complex and costly, but those costs are absorbed by everyone who participates in the financial system (mostly taxpayers). At the moment Bitcoin users subsidize the current financial system through their taxes while also incurring the costs of their Bitcoin transactions, so the pain is naturally doubled. Users in different countries will also experience different transaction cost pain points, and some people will leave in search of something else to buy their coffee with. Sorry, there's no such thing as a free lunch, and billionaires that have been paying thousands to keep their transactions private in the existing banking system have no problem outbidding you on your next transfer, and in fact will likely have more trust in Bitcoin as the cost of using it increases. User behavior will update accordingly, and people will really "become their own bank".


Immutability is worth the price only when you really need it, otherwise you are just burning your money (and a lot of money) when you "buy your coffee" with Bitcoin. Right now transaction fees are so high that Bitcoin can't be considered a currency, but instead it should be called an asset, "digital gold", "immutable storage of value", etc.




I agree. These days when the price of bitcoin is high, transaction fees have also gone higher. It is impractical to use bitcoin for day to day purchases. But, of course, bitcoin is still a currency, a virtual one. However, it would be best to use bitcoin only when the real need arises. What now? Bitcoin is best used as an investment. Instead of wasting a great deal of money through transaction fees, we better earn additional income by holding on to it and selling it when its value goes higher.
553  Bitcoin / Bitcoin Discussion / Re: Trying the new Bitcoin ATM near my house on: June 16, 2017, 08:59:54 AM
This is another significant step by bitcoin. This simply means that bitcoin is slowly taking its place in the world of commerce.

I know this would take some time, but I hope this will be multiplied to several countries more so that those people who remain skeptic as to the real score of bitcoin would start to believe. If they found out that this bitcoin ATM thing is really working great, I know more of it will be installed.

I hope something like this will also be installed in our country.



 
554  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Aventus - Event Ticketing Antifraud Solution on: June 16, 2017, 05:12:21 AM
This is a great project. I am wishing the developers all the best for their success. The success of this project is the success of a smooth ticketing system.

But is Aventus already there in tokenmarket site? I can't see it or maybe I miss something? It would be good if this is added in the growing list of good tokens there in tokenmarket.

I will definitely invest some in this ICO for some early bonus.

Good luck!
555  Other / Politics & Society / Re: UN drugs board slams killings in Philippines on: June 09, 2017, 11:22:53 AM
Every human rights organisations will slam such actions especially where they have some reasons to believe it has a sinister motive even though that might not be true. The issue I have about this is that, the government has a good motive but the way its going about it is what is causing uproar over the globe. Its true that this issue of drugs in the Philippines has turn to a social endemic but random killings wont stop it rather it will attract negative attention from where it does not matter as what is being witnessed now...

Agree. Big thanks to the media the Philippines is now the center of attention among human rights organizations around the globe, particularly painting the country's government itself as a violator of human rights. Couple it with an unflinching president who does not back down in spewing cuss after cuss  to his detractors, we are now becoming the apple of the eye of more and more critics. But of course that's just his colorful way of saying shut the f*ck up and mind your own business.     
556  Other / Politics & Society / Re: Save the planet or not on: June 09, 2017, 02:16:23 AM
Needless to say, the earth is our one and only planet. When it comes to saving it, government, companies, countries, and so on do not apply; it is every human's responsibility regardless of race, nationality, status, religion, etc. Our one and only planet is already bending too much; when it breaks we will all perish.
557  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! on: June 06, 2017, 04:02:10 PM
How does this site make money? I never see ads? Can I donate some BTC? Please come back up, I'll give you 50 dollars in bitcoin!  Add a donate button. Your site is what I would call "essential" as in I can't live without it. Thanks.

Seriously? Or maybe you are just using adsblock? Their ads are as clear as day. It even cover some info if you won't close it. Also the donation address is at the bottom.
558  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [OTX] Octanox ICO: Virtual Economy Infrastructure -【LIVE】【14 BTC++】 on: June 06, 2017, 03:59:35 PM
Founder of this coin is alone or with a team? Maybe he should try to promote this thru trips to other places or some partnership with other known projects.
559  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: June 06, 2017, 03:54:43 PM
I think holding bitcoin still profitable, bitcoin price in future i am sure will be much higher than at present. And if dare to be more aggressive maybe by trading we will get more bitcoin.

I agree, holding bitcoin is good way to make money since its value is increasing from time to time. And yes trading will be a good source of money too just be sure you know how to trade so that you will not get a negative portfolio.

I'm just wondering if holding bitcoin is the best way to go, or if holding an altcoin temporarily is better? for example, alt coins double and triple easily, and so when you sell...you've suddenly got 2 or 3 btc instead of having ur 1 btc go to 1.2 btc....does this make sense?

I agree. Keeping it in alts is far more better. Just diversify to bitcoin and some alts to make is more secure and better.
560  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How to about LBC / LBRY Credit $1.2017 on: May 29, 2017, 05:45:37 PM
Hold ur coins we are going up!

Yeah. Tell those devs to stop dumping too much when it's pumping. I felt like they are dumping some every time it pass 9000 sat.
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