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61  Alternate cryptocurrencies / Altcoin Discussion / Re: Stable coins the new way of scamming people? on: December 10, 2018, 12:43:23 PM
A true stable coin would require auditing from multiple agencies and preferably from different countries. It's a necessary endeavour though as it would massively increase volume. I think Tether is far from perfect, but we'd be in a much worse place without it.
62  Other / Politics & Society / Re: Social Media is cancer on: December 10, 2018, 12:40:36 PM
Life quality has vastly eroded due to social media so i'd say the word choice is perfect.
63  Other / Politics & Society / Re: 2020 Democratic Nominee. on: December 10, 2018, 12:37:43 PM
I don't think she'll win but I reckon Ocasia-Cortez will stage a run, most likely for purely publicity reasons.
64  Other / Politics & Society / Re: Why do you believe God exists? on: December 10, 2018, 12:34:21 PM
Put simply it gives life purpose. Without purpose there is no punishment for immoral action and no reward for moral action.
65  Other / Politics & Society / Re: US or China: Who would win the AI race? on: November 29, 2018, 04:18:05 PM
China is planning to overtake the US in terms of Artificial Intelligence. Some researchers AI would be like the internet of the future. It's going to be really necessary for life in the future and China wants to lead. How high do you think is the possibility of China being able to do so?

Either way neither of us wins. We need to regulate AI sooner rather than later.
66  Other / Politics & Society / Re: Brexit propaganda campaigns same as trump campaigns on: November 29, 2018, 04:16:44 PM

The witch hunt has to end soon. You've got literally no evidence there was any collusion. In Trump or Brexit.
67  Other / Politics & Society / Re: #breaking Michael Avenatti arrested (report) on: November 29, 2018, 04:14:41 PM
According to a report that was first reported by tmz, Michael Avenatti aka the Creepy Porn Lawyer has been arrested on Domestic Violence charges.

According to TMZ's sources, Avenatti was involved in possibly two Domestic Violence incidents, one yesterday, and one today.

Avenatti represents porn star Stormy Daniels and is planning on running for President in 2020 as a democrat. If Avenatti really was involved in multiple DV incidents, he should fit right in at the DNC, based on some of the people Democrats have stood behind this recent election cycle.

Avenatti also was pushing a narrative, that IMO, was false on its face, that now Justice Kavanaugh was involved in multiple gang rape parties in high school in the 1980s. I wonder if he will advocate to receive the same standard of due process himself that he was pushing for Justice Kavanaugh to receive.

I am curious to know if this will derail or enhance his chances of getting the Presidential nomination from the Democratic party, and if this will impact his ability to practice law in CA (and elsewhere).

More bad news out of the Avenatti camp this morning. Stormy Daniels has accused him of foul play.
68  Other / Politics & Society / Re: Blockchain education at Universities on: November 29, 2018, 04:10:42 PM
Hi guys! I just saw this article: https://coinedtimes.com/how-formal-blockchain-education-could-help-crypto-adoption/ and I think it is great that some universities involve formal blockchain education! What do you think? Would you go and listen to some crypto subjects at your University? Smiley

I go to Exeter University and increasingly you're seeing more and more blockchain news. Admittedly we saw more last December, however we still see a significant amount now. We have speakers and other things coming in as well.

All our financial based societies do crypto presentations from time to time too.

Computer science also learn about making blockchains etc.
69  Other / Politics & Society / Re: Would you live in a place that collects your data? on: November 29, 2018, 04:06:10 PM
And I am talking about "smart cities". I was reading this article > https://www.theatlantic.com/technology/archive/2018/11/google-sidewalk-labs/575551/

It says: Soon enough, we’ll have a smart city: Sidewalk Labs, a subsidiary of Google’s parent company, Alphabet, is building one “from the internet up,” with help from a series of private-public real-estate partnerships in the downtown Toronto neighborhood Quayside.

The “vision document” imagines not only the revitalization of a 12-acre plot that has sat largely vacant since its heyday as an industrial port, but its transformation into a micro-city outfitted with smart technologies that will use data to disrupt everything from traffic congestion to health care, housing, zoning regulations, and greenhouse-gas emissions.

But all those data require mechanisms to collect them, and the march to an “always on” city has drawn an onslaught of accusations against Sidewalk Labs and its real-estate partner, Waterfront Toronto, for dismissing privacy concerns and misinforming residents. In the past month, four people have resigned from Waterfront Toronto’s and Sidewalk Labs’ advisory board over concerns about privacy and lack of public input.
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If you were informed beforehand about all these privacy concerns, would you still live in a "smart" city that is supposedly convenient and "smart" to live in?

You imply we have a choice. In the west (and increasingly in the east) we're being monitored more than ever.
70  Economy / Economics / Re: Transferring of wealth from the impatient to the patient! on: November 29, 2018, 04:02:20 PM
I will like to say the plain truth about what I have think laid ahead of us as an investors, traders and speculators on cryptocurrencies market. Many of us that know about cryptocurrencies and bitcoin since 2010 and 2011 and did not see any reason to buy and hold till 2017 before selling will testify that impatient is the reason why they are not millionaire in the local currency.
in cryptocurrencies market we are witnessing transfer of wealth and this transfer is been done through creating a system that make some group of people selling their holding because of the fear of what the future hold. The wise one are buying and hold for 2 to 3 years before thinking to sell.
if you want to be a future millionaire  and billionaire? then think on how important it is for you to keep holding and patient with the market and in 2 to 3 years to come if you will not be in money, this money always come from the impatient one.
Goodluck to you friend.

Hodling will always bring out the best results in a market so volatile and prone to manipulation. Principles to reminder: Our tech is revolutionary and there's nothing out there that can compete with us.
71  Economy / Economics / Re: Diversify Investments on: November 29, 2018, 03:58:40 PM
Usually they recommend you to diversify your investment, so you avoid losses.

But as a real approach, having $1.5k, would you invest in how many cryptocurrencies ?

What if I invest little by little, only in Bitcoin, would that work as well ?

Do you want to grow wealth or preserve wealth? Diversification is for preserving wealth.
72  Economy / Economics / Re: Recession and Bitcoin on: November 29, 2018, 03:57:10 PM
As many experts and economists are predicting recession in near future, will Bitcoin emerge as safer asset globally during recession like gold and similar assets, global investors might look for a global standard asset as compared to regional or fiat currencies which devalues in recession.

I'm no so sure as many cryptos derive their use from sending funds safely across borders. If that falls then I think demand for Crypto will too.
73  Other / Politics & Society / Re: Capitalism vs. Socialism - Make your argument here. on: November 29, 2018, 03:47:55 PM
A couple of recent threads saw us going off topic and we found ourselves arguing the merits of capitalism vs. pitfalls of socialism.   Grin

Can you guess where I stand on the issue?  If not I'll tell you.  Freedom is not compatible with socialism, and I'm more inclined to remain free and provide for myself than I am to accept handouts and be enslaved.

What about you?

Socialism only works if all consumers act in a fair and honest way. Capitalism works even if you're not fair and honest.
74  Other / Politics & Society / Re: NPR's Border Fact Check on: November 27, 2018, 08:24:08 PM
Lol!  As liberal and biased as NPR is, at least they value facts.  No matter how much the MSM attempts to spin the truth, the facts can't be hidden any longer.  One of their own just outed their lies:

https://www.npr.org/2018/11/27/670807343/fact-check-whats-happening-on-the-u-s-mexico-border

7000 invaders at the Tijuana border.  Thousands attempted to bumrush the border crossing in an attempt to "protest" the slow process of invading our country.

ROFLMFAO!  The double speak is palpable.

There are photos online of the migrants preparing for photos with journalists and an MSNBC reporter even accidentally said that they were majority men and there for work, not asylum.
75  Economy / Economics / Re: Bitcoin and Nasdaq and NYSE on: November 27, 2018, 08:21:13 PM
Nasdaq Inc. is moving ahead with a plan to list Bitcoin futures
We can say yet another future to fool us but  Nasdaq wants to with cooperation of VanEck  ETF

The Nasdaq futures will be based off the Bitcoin’s price on numerous spot exchanges, as compiled by VanEck Associates Corp., the person said. CME uses prices from four markets, while it’s just one at Cboe

Yet another big name what want to list his own future will be NYSE
New York Stock Exchange owner Intercontinental Exchange Inc. said last week it will launch its own contracts on Jan. 24

24 January  is scheduled launch of Bakkt

Maybe that news are good prognostic for ETF approval
Whatever to think about it both Nasdaq and Nyse are big names maybe not enough big for our lovely Jame but big

https://www.bloomberg.com/news/articles/2018-11-27/nasdaq-is-said-to-pursue-bitcoin-futures-despite-plunging-prices?utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social&utm_content=crypto

I worry that the market has already factored in this information and is still low. What would happen in Bakkt were to fall apart..
76  Other / Politics & Society / Re: Why Millennials like Cryptocurrencies on: November 26, 2018, 07:03:30 PM
Millennials are the first generation to grow up in a digital age. Millennials order their food online, their taxi’s, connect with their friends, maintain their business networks and get their entertainment online. This desire for the digital makes cryptocurrencies an attractive choice for millennials.

Cryptocurrencies are an exciting new technology, but they are also somewhat risky and volatile. This means that it’s an attractive choice for young people testing the waters, wanting to see where it can lead. People who are older and are settled down with a mortgage and children are less likely to want to partake in risky behavior because negative results will be further reaching for them.
https://all-stocks.net/survey-25-of-millennials-use-cryptocurrency-30-want-to-learn-more/

Millennials like all young groups before them want to make bank quickly
77  Other / Politics & Society / Re: Russian act of war on: November 26, 2018, 07:00:39 PM
https://www.forexlive.com/news/!/ukraine-defence-sec-says-russias-moves-act-of-war-20181125

Quote
"We heard reports on incident and have concluded that it was an act of war by Russian Federation against Ukraine"


https://www.bbc.com/news/world-europe-46338671

After capturing 3x Ukraine military vessels.

Russian geopolitical expansion must be stopped; they shouldn't be able to seize the Sea of Azov.


Ahaha; even Reuters are reporting on the issue:

https://www.reuters.com/article/us-ukraine-crisis-russia-germany/germany-russian-blockade-of-sea-of-azov-is-unacceptable-idUSKCN1NV11V?utm_source=reddit.com

Start arming the Ukrainians, I say!
78  Economy / Economics / Re: Will there be a market crisis unfolding in the USA? on: November 26, 2018, 06:54:45 PM
Renowned international stock investor, George Soros, who broke the bank of England in 1992 by shorting the pounds and pocketed over a billion dollars, sounds the alarm of a financial crisis?

Despite China stock market woes and global economy weaken, U.S. economy stays strong.

Why is that the case ?

The effects of real exchange rate overshooting might be the cause.
With the spillover effects from commodity markets of declining oil prices into international asset markets, the U.S. real exchange rate, as an endogenous variable that is system driven, was altered. To conquer this real shock, the central bank exercised their money supply. With effects of short run expectations and exchange-rate overshooting, U.S. economy responded to the impact with greater magnitude than anticipated. To understand how this works, one would require to employ the Uncovered Interest Rate Parity Model, which is too technical for discussion beyond this point.

I'd say it has far more to do with Tax cuts.  Consumers spent their tax cuts and aide consumption or invest or save and their money is lent out.
79  Other / Politics & Society / Re: Why do people in USA fear socialism so much? on: November 26, 2018, 06:46:07 PM
I don't understand, maybe I'm just too young with whole cold-war mentality born just around collapse. Sure communism didn't work out very well.

But, I do prefer some socialism to pure capitalism. So I don't realy get this whole fear of it in USA, it can't be all bad or is it? Can someone explain it to me?

Margaret Thatcher on Socialism- "Eventually you run out of other people's money".
80  Alternate cryptocurrencies / Mining (Altcoins) / Re: GPU Mining a good idea or not? on: November 20, 2018, 07:05:05 PM
At Elite Mining we use a combination of GPU and ASICs amongst others to ensure good diversification.
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