i think it's a win/win for people who run the banks, really. if the loans don't fault, good.. you can get high interest rates from subprime mortgages. if everything crashes, that hurts.. but no worries, the government will step in and help out.
Actually you might have a point I did post that they only had to pay 7 billion for the Subprime mortgage Crisis Forgot to check how much citigroup got in a bailout for comparison But its actually win win win If people default they get all the stuff they have and its on fractional reserve anyway so it has more value in tangible assets than it does on a computer. http://www.reuters.com/article/2008/11/24/us-citigroup-idUSTRE4AJ45G20081124Back in the time machine (Reuters) - The U.S. rescued Citigroup Inc, agreeing to shoulder most losses on about $306 billion of the bank's risky assets, and inject new capital, bolstering investor hopes that the government will support big banks as the economy sinks into recession. In exchange here is 7 billion back Government its cool now you paid your debt to the USA ---- In return, Treasury and the FDIC will get $27 billion in preferred shares, of which $7 billion are a fee that Citigroup pays in exchange for the government guarantee.(Not sure if they sold the shares though but if not 500% over their buy in price) http://www.marketwatch.com/investing/Stock/C?countrycode=US |
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The Chamber of Digital Commerce announced itself on Saturday at the North American Bitcoin Conference in Chicago. The group is registered as a 501(c)(6) nonprofit, which allows it to act as a lobbyist, and is being led by Perianne Boring, a former journalist and Congressional staffer. It has early backing from RRE Ventures and Tally Capital, which are leading a seed-round of fund raising. The group’s goal is to “legitimize” the digital currency in the eyes of D.C. policy-makers, and to provide a place where they can get “non-biased” information. http://blogs.wsj.com/moneybeat/2014/07/18/new-bitcoin-lobbying-trade-association-announced/ |
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i don't think a bitcoin political party is very uh.. feasible. there's not enough money going around to support candidates, and i'm not sure why a "bitcoin party" should even exist. maybe a bitcoin lobbying group though.. that makes a lot more sense.
As long as we don't call it the Bitcoin Foundation  We had enough fun the first time with that don't want to see a 2.0 lol. http://blogs.wsj.com/moneybeat/2014/07/18/new-bitcoin-lobbying-trade-association-announced/Well too late actually looks like we just got one The Chamber of Digital Commerce announced itself on Saturday at the North American Bitcoin Conference in Chicago. The group is registered as a 501(c)(6) nonprofit, which allows it to act as a lobbyist, and is being led by Perianne Boring, a former journalist and Congressional staffer. It has early backing from RRE Ventures and Tally Capital, which are leading a seed-round of fund raising. The group’s goal is to “legitimize” the digital currency in the eyes of D.C. policy-makers, and to provide a place where they can get “non-biased” information. |
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Yep no bailouts, with banks they don't really care because the money is on the computer and what not called a fractional reserve where the bank can just multiply that money into a new loan and investment and increase their balance sheets all at once.
Why they like taking a lot of loans from people and a motivation to the subprime market crisis.
The ones who lose out are the people who take that loan and lose their possessions when the credit comes in to kick them in the shins.
(or they take an arrow to the knee XD)
they lose, and the banks that make those loans are partially at fault for being predators.. but those people are also at fault for not knowing how to invest/spend their money properly. i side with the people who took out bad loans though, since there is no government to bail them out. True but in this case we could go in a full circle and blame the education system for not teaching people the necessities of finance in school but abstract mathematical concepts instead. (with exception to computing ^_^) That said no one wins when someone defaults the banks lose money and are predators that get to target yet another person, and it certainly is not fun being the defaultor losing your house and having to start from nothing again, but your right the defaultors don't have anyone to bail them out when the banks come and take their property and possessions, unlike the banks who are just looking for the next big payday. |
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so how do we find the # of posts to deduct then? do we have to sort through every post and then tally up a number?
No, no , no... Just do some amount u think its correct and maybe add a bit , doesn't need to be exact. I am using excel sheet and put my post count , and my non constructive post count each day . I need to make some changes but i will share that with u guys soon . Just take a percentage off your total posts Simple system but be reasonable and estimate it based on how productive you felt you were in the period Just my opinion on that |
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Wait so apparently now its illegal to lend to people without a high credit rating? Lol.
Well to the extent that they can take out giant loans on their houses without any money to back it up  There are still payday loans for the people with low credit ratings, not so much microfinance here though. So? I lend to "low credit rating" people on here, what some people might consider stupid. If banks want to do it too, then let them, just don't fucking bail them out if/when it fails. Yep no bailouts, with banks they don't really care because the money is on the computer and what not called a fractional reserve where the bank can just multiply that money into a new loan and investment and increase their balance sheets all at once. Why they like taking a lot of loans from people and a motivation to the subprime market crisis. The ones who lose out are the people who take that loan and lose their possessions when the credit comes in to kick them in the shins. (or they take an arrow to the knee XD) |
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Just completed survey, hope will win to starting my Bitcoin career.
You must be the very last survey participant, as Swordsoffreedom can't join it just 2 minutes later.  Fufu It happens just saw this post get bumped and felt like giving an opinion but he was the lucky final user Of course he still has 1/25 odds of winning though ha-ha |
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Of course, the Libertarian Party is already Bitcoin friendly. Unless there are other values in the LP that you're against, why not just support them?
I'm guessing the OP likes variety Technically if you combined the Pirate Party, The Wikileaks party, The Libertarian Party, and the Bitcoin Party (In theory) There would probably be a significant overlap. Perhaps trying to get different organizations and political parties to fuse together to make a more powerful party and platform would work as well. |
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But off topic posts are even against rules of this forum. Ok they did not have all non constructive posts , that is why i put CHECK on them, but its big % of posts , and i highly dought they deducted more than maybe 5-10% of posts , so its kinda attempt to scam .
But again would be nice to hear some others opinions on it. Just to be fair as possible.
Read carefully what i wrote; im talking about off-topic SECTION [https://bitcointalk.org/index.php?board=9.0] , not off-topic posts. I was thinking the same, i never did off-topic posts, but i posted some in off-topic section, can someone clearify what is allowed please to me since i'm confused now a bit. Off-topic posts NOT ALLOWED off-topic section with constructive posts =? You should wait on Stunna's clarification but I read it as If the majority of your posts are in the off topic section they should not be counted as constructive posts if you post a few in there now and then and are constructive that is fine but don't base all your posts in that section of the forum. The other way to read it perhaps also correct is that if the post is off topic in general it does not matter what section you post it in they shouldn't be counted |
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Concerns about lawmakers setting regulations for the darkweb does concern me.
Not so much sympathy for ross but I am afraid of the implications this case could have on the legal system.
According to the website, the campaign is run by “a coalition of individuals, organizations and businesses that believe the outcome of Ross Ulbricht’s case is tremendously important for the future of Internet freedom, user privacy and cryptocurrency regulation.”
The website goes on to say that because Ulbricht “has been unfairly portrayed as a man who planned murder,” the public hasn’t united in support for Ulbricht, which is why a crowdfunding campaign is necessary for a legal defense fund.
Groups like the Free Ross Ulbricht legal defense fund, which was started by his mother, Lyn Ulbricht, argue that this case needs so much attention and financial support from the public because it “will set precedent for the 21st century and pave the way for new law and interpretations that could impact the future and freedom of the Internet.”
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“This case will pave the way for new laws and new interpretations of law,” said Lyn Ulbricht, adding that her son’s attorney, Dratel, has also argued that the U.S. government will likely point to this case, as they have with other high-profile cases, as a reason why Congress needs to pass “draconian legislation.”
“Laws will be made based on the Silk Road case” that will likely impede Internet autonomy and privacy, Lyn Ulbricht said, adding that the addition of virtual currencies like bitcoin to the list of currencies that must follow rules and regulations designed for legal currencies defeats the entire purpose of bitcoin operating as an anonymous cryptocurrency.
So there is something at stake here for Bitcoiners as Jeff said in those comments Collective punishment is never the correct answer.
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The issue is off-topic posts are not counted, almost all of his posts are off-topic.
Ah that makes sense your right a lot of off-topic posts should not count since a user needs to have more variety and participation in all parts of the forum Thanks for clarifying and props to Micro for his efforts |
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Thanks for the list
Will keep track of this thread and add to it as well but some rules on market capital might be worth noting as Bitchick said.
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Well this could be carried over to the new forum software suggestions as well https://bitcointalk.org/index.php?board=167.0Since we are migrating a new analysis of the trust system would be a valid suggestion, but as the others have said the mods will not alter trust feedback in almost all cases. |
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faucets actualy pay well if you do them 2 years ago  So this guy will be sorry, 1 year from now, he did not spend more time doing them. Well when the faucets were around in 2013 A penny at that time turned into a dime on average but that was more or less it so I guess it still has some growth possible but the faucets decrease with time as the price rises as well |
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Aww that must have been number 50
I got the message done so survey is closed.
Your participation is highly appreciated!
The end
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Looks like a good list and a fair list of eliminations in my opinion, just this one perhaps. Looks like an avid soccer fan to me more or less but it really depends on how many posts they claimed were constructive that said I agree with micros opinion that there are far to many one liners in there. https://bitcointalk.org/index.php?action=profile;u=244243 - CHECK way to much nonsense one liners if ok needs to deduct alot |
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any bitcointalkers up to get elected? ron paul style..
I nominate Goat, Mircea, Smoothie, Finshaggy and Dank for the campaign managers  Kid I think its a good idea but it would probably work best in countries with Proportional representation Hard to win seats in a majoritarian first past the post electoral system. Party Motto This is crypto with an attitude, best embodied by the group's moniker: Bitcoiners In regards to the Platform Crytoanarchist and Cypherpunk Privacy is necessary for an open society in the electronic age. ... We cannot expect governments, corporations, or other large, faceless organizations to grant us privacy ... We must defend our own privacy if we expect to have any. ... Cypherpunks write code. We know that someone has to write software to defend privacy, and ... we're going to write it. . Privacy platform That's the kind of society I want to build. I want a guarantee -- with physics and mathematics, not with laws -- that we can give ourselves real privacy of personal communications Strategic Jurisdicition MMP or PR Systems Candidates Elwar, Organofcorti, Dooglus etc. Funding Crowdfunding, Swag, Island capital (Elwar) |
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Well it is a decentralized DNS
Kind of a quiet reaction to it but I was surprised there were botnets using it as a communication server.
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Alienware discount Count me (would say in) but I don't want a Windows 8 PC Count me in when windows 9 comes out if its not a total flop (Assuming I still want it) |
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Aimed at people who can't afford belts or suspenders, let alone $500 fines.
Perhaps it will be a racially targeted fine in the end Everyone that is not a cute lady get in line and pay the fine else be free to wear your G-string Still a silly law though |
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