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7421  Other / Politics & Society / Re: [Poll] Should the minimum wage be raised? on: May 16, 2014, 09:02:59 AM
40-hour work week should be enough

Why 40 hours?
7422  Other / Politics & Society / Re: [Poll] Should the minimum wage be raised? on: May 16, 2014, 09:02:00 AM
$100/hour? Obviously not

Why not? What would be the worst that could happen?
7423  Bitcoin / Bitcoin Discussion / Re: POLL:Are women leaving Bitcoin due to the Bitcoin Foundation's seedy persona? on: May 16, 2014, 06:23:14 AM
All women are the same.

 Roll Eyes
7424  Other / Politics & Society / [Poll] Should the minimum wage be raised? on: May 16, 2014, 06:11:30 AM
Do you think the government should force employers at the point of a gun to pay a wage that the federal government comes up with and spur the robot and automation industry to replace jobs or send jobs overseas?
7425  Economy / Speculation / Re: Your bear market is broken on: May 15, 2014, 10:35:37 AM
It sure looks like it. Still, I expect slow linear rise until the next bubble emerges.

I agree, a slow rise is fine...there is no huge news to support rapid adoption.

Something like the Bitcoin ETF, ebay adoption or something else unknown will send the price up quickly.
7426  Economy / Speculation / Your bear market is broken on: May 15, 2014, 10:24:42 AM
Bear trend has been punctured. It is leaking bull market.
7427  Bitcoin / Bitcoin Discussion / Re: Glenn Beck calls bitcoin Edison's light bulb! on: May 15, 2014, 08:21:31 AM
I don't imagine he's getting memos from Upstairs telling him to re-evaluate his opinion.

I doubt he even changes his mind. He just knows that he can get a large audience spewing nonsense about freedom.

He just shows his true colors when something actually matters.
Maybe. Was he so worried about Paul and so full of himself that he thought he really needed to publicly "switch positions"? I'm tempted to think he just kind of "bunkered down" in thought and decided he needed to support the mainstream candidate to defeat Obama or Hillary, as if he could've changed the election. I really don't understand why he bucked Paul. It offends at least a significant minority of his viewers, but doesn't have much impact outside.


....

Maybe he is just full of himself. Didn't he want to create some pixie-dust all-suburban White paradise? Glennbeckistan or Jesustown, something like that? I guess that dream died.... so maybe he's just looking to make money -- it's kind of his job, after all.

No idea.

2008: Glenn Beck calls Ron Paul a terrorist, calls Paul's ideas kooky and fringe.
2009: Glenn Beck wishes he had a time machine to go back and reexamine all of those issues "he apologized to libertarians everywhere for calling himself a libertarian in the past. He has long called himself a conservative with libertarian leanings, but he said he is now leaning so far libertarian that he is almost horizontal. He said, "I'm going through a change here.""
2012: Glenn Beck compares Ron Paul to Osama Bin Laden
2013: Glenn Beck apologizes to libertarians (again...)

See the pattern?
Election year: "Libertarians are evil"
Year after election: "I'm a libertarian now, forgive me for last year"
7428  Bitcoin / Bitcoin Discussion / Re: Glenn Beck calls bitcoin Edison's light bulb! on: May 15, 2014, 07:38:05 AM
I don't imagine he's getting memos from Upstairs telling him to re-evaluate his opinion.

I doubt he even changes his mind. He just knows that he can get a large audience spewing nonsense about freedom.

He just shows his true colors when something actually matters.
7429  Bitcoin / Bitcoin Discussion / Re: Glenn Beck calls bitcoin Edison's light bulb! on: May 15, 2014, 07:19:46 AM
I can tell you there are a good many Americans in rural areas who love Beck more than Jesus and Reagan put together

People that will be easily swayed when Glenn has an epiphany when it counts and sides with the government about how Bitcoin is bad because <insert big government excuse here>.

See: Glenn Beck says TARP bailout is necessary, Glenn Beck coddles libertarians then dedicates a show to calling Ron Paul a terrorist when Paul runs for president and is starting to gain steam in the polls, Glenn Beck supports the Tea Party then as the Texas Tea Party candidate for governor starts getting press for rising in the polls Glenn Beck has her on his show and uses radio hosting tricks (cut sound to her but not to audience) to imply that she's a "truther", calls her Hitler, etc.

See also all of the Ron Paul supporters that argued that "Beck isn't perfect but he has a massive audience"...
7430  Bitcoin / Bitcoin Discussion / Re: Glenn Beck calls bitcoin Edison's light bulb! on: May 15, 2014, 07:07:09 AM
If he supported it he would accept bitcoin as an option on his shopping site: http://www.markdown.com
7431  Bitcoin / Bitcoin Discussion / Re: Glenn Beck calls bitcoin Edison's light bulb! on: May 15, 2014, 06:17:47 AM
complete 180 turn on bitcoin in 5...4...3....2...
7432  Bitcoin / Bitcoin Discussion / Re: How can you spend bitcoin if you do not earn bitcoin? on: May 15, 2014, 03:53:36 AM
not everyone can get used to a deflationary monetary system.

Not everyone is successful.

I would rather not be part of that everyone.
7433  Bitcoin / Bitcoin Discussion / Re: Is there a Forbes bitcoin millionaire/billionaire list or upcoming? on: May 14, 2014, 10:17:17 AM
Most of them are the early adopter !!

and?
7434  Bitcoin / Bitcoin Discussion / Re: How can you spend bitcoin if you do not earn bitcoin? on: May 14, 2014, 10:16:20 AM
I tell you what. When you get your paycheck, send me the money. When you want to spend your fiat I will give you money as you spend it.

If I convert it to bitcoins and gain value in the mean time, do not bother yourself with that. You can rest assured that you did not spend your money unwisely.
7435  Bitcoin / Bitcoin Discussion / Re: Politicians in America now accept Bitcoin contribution on: May 14, 2014, 10:09:13 AM
Yes, they can take the money while never knowing "who" the source is.  Will they be labeled as anarchists or subversives?  No.

The law requires that you provide your name, occupation, etc...just like with a regular donation.
7436  Other / Politics & Society / Re: An complete argument for same-sex marriages. You can't prove it wrong on: May 14, 2014, 09:48:11 AM
It's ironic you complain about somebody wanting something so simple and then proceed to cry about how marriage should be done 'your' way.

The big government conservatives are ok with government handing out welfare for their causes.
7437  Bitcoin / Bitcoin Discussion / Re: Merchant's cost of accepting cash on: May 14, 2014, 09:44:54 AM
What exactly is a 'secret warrant'? They just took the money and emptied the entire bank account without serving them a warrant or actually telling them about it?

It is necessary to fight terrorists. Because...terrorists.
7438  Bitcoin / Bitcoin Discussion / Re: Merchant's cost of accepting cash on: May 14, 2014, 09:37:51 AM
The IRS will steal your money (more than just via taxes) if you deal mainly in cash.

http://www.washingtonpost.com/opinions/george-f-will-the-heavy-hand-of-the-irs/2014/04/30/7a56ca9e-cfc5-11e3-a6b1-45c4dffb85a6_story.html

Quote
Because 35 percent of Schott’s Supermarket’s receipts are in cash, Terry and Sandy make frequent trips to the bank to avoid tempting actual criminals by having large sums at the store. Besides, their insurance policy covers no cash loss in excess of $10,000.

In 2010 and 2012, IRS agents visited the store and examined Terry’s and Sandy’s conduct. In 2012, the IRS notified them that it identified “no violations” of banking laws. But on Jan. 22, 2013, Terry and Sandy discovered that the IRS had obtained a secret warrant and emptied the store’s bank account.
7439  Bitcoin / Bitcoin Discussion / Re: Is there a Forbes bitcoin millionaire/billionaire list or upcoming? on: May 14, 2014, 09:28:42 AM
The Bitcoin rich list has stopped working, but I did find this:

https://bitcointalk.org/index.php?topic=321265.0
(outdated)
1.  BTC980,000*. Satoshi Nakamoto

2.  BTC400,000*. HD Moore (AHA)

3.  BTC400,000*. Dustin D. Trammell (AHA)

4.  BTC400,000*. Tod Beardsley (AHA)

5.  BTC350,000*. "Dread Pirate Roberts" a.k.a. "DPR"

6.  BTC300,000.  Roger Ver

7.  BTC300,000*. "knightmb"

8.  BTC200,000. Mark Karpeles

8.5  BTC182,592. "Loaded"

9.  BTC174,000*. FBI (Federal Bureau of Investigation, USA)

10.  BTC119,000. AsicMiner Management Team of 3 (names?)

11.  BTC110,000. Cameron and Tyler Winklevoss

12.  BTC100,000. "klaus"

13.  BTC100,000. "mezzomix"

14.  BTC75,000. "artforz"

15.  BTC70,000. Erik Voorhees

17.  BTC30,000. "nakowa"

18.  BTC30,000. Mircea Popescu

19.  BTC30,000. "Goat"

20.  BTC25,000. Chamath Palihapitiya

21.  BTC25,000. Gavin Andresen

22.  BTC20,000. Max Keiser

23.  BTC20,000. "Theymos"
7440  Bitcoin / Bitcoin Discussion / Re: How can you spend bitcoin if you do not earn bitcoin? on: May 14, 2014, 09:19:52 AM
it is not a good move to use fiat money to buy bitcoin and then spend the bitcoin as it will turn out to be more expensive and ineffective

Why?



simply because you lose more if you spend those bitcoins because they rise in value, unlike fiat which is inflationary. If say today you bought a laptop for 1 btc @450. Tomorrow the price of btc goes up 10% to 495 and the vendor adjusted the btc price accordingly to 0.9 btc. You lose out 0.1 btc, if only you just waited the next day to buy that same laptop but at 0.9btc. Spending btcs will always be a loss because it's deflationary.

So you should exchange your fiat when you get your paycheck to Zimbabwe dollars, lose several percent in value each day. That way when you buy a laptop for 3 trillion Zimbabwe dollars, tomorrow that laptop costs 4 trillion Zimbabwe dollars you gain 1 trillion Zimbabwe dollars for buying the laptop a day early. That way spending Zimbabwe dollars is always a gain because it is inflationary...right?


Or consider last year. On average the price went up by 1% per day. If you convert your $2000 paycheck to bitcoins on Friday and buy a laptop 5 days later the value of your bitcoins have gained 5% or $100 that you would not have gained if you had kept your money in fiat. Sure, every year will not be the same rise of 1% but a rise over time none the less.

So...why would you -not- convert your fiat to bitcoins?
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