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7541  Other / Politics & Society / Re: THE OIL AND GAS BUBBLE IS ABOUT TO POP!!! on: July 07, 2014, 11:36:32 PM

Yes new methods cost money, BUT we must not forget that there are small countries that we have already been developing (Saudi, etc) that eventually will under price any oil compared to the US market. Then eventually there will be new countries coming up and small underdeveloped countries like Bernai selling eve CHEAPER oil.

That's true enough there could be cheap reserves that are accessible in countries that are underdeveloped, in that case one needs to stabilize those countries to get access to those reserves.
The other option would be to destabilize the country and then buy the cheaper oil from the groups fighting that need funding.
7542  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: July 07, 2014, 11:33:20 PM
Well the DataTank news is good for AM shareholders I would imagine, now if you want some of that action, you basically only have the option of investing in AM at the moment.

Yep since indirect investment in Datatank can be had by buying AM shares due to Chip Sales
Also hope that we do get an update sooner than later although learning of more suppliers and chips being used is always nice.
7543  Economy / Securities / Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (15GH/S per Unit) on: July 07, 2014, 11:32:11 PM
Is there some way to check the results of surveymonkey against what cryptx has to say? Or is cryptx the only one who gets the final result and we should just believe what they have to say?

I used SurveyMonkey all the time for shareholder voting, and yes, the final results are only available to the issuer (though the Pro version may have more options). To get around this, I put all responses into a Google doc, obfuscated the email addresses, and shared the results. People who voted could still figure out their own email and verify their answer is accurately noted.

Seems in this case we just get to take Cryptx's word for it...which is obviously unacceptable.

True Cryptx Should publish a list on google docs with obfuscated e-mails as well that show how people voted
It's all about transparency
7544  Economy / Economics / Re: Buying the Network Effect - People accept $.01/hr to run possible malware on: July 07, 2014, 11:30:24 PM
Just from looking at the screenshot I would say the "correct" download button is on the upper right and the play/download buttons in the middle are ads. I would think that hovering your mouse over the link should show links that are apparently ads as well (unless Java is used to change what is displayed)

Correct but there are worse ones out there
I just couldn't find a good screenshot for one Smiley
Here is a moderately harder one although I recall that a few sites don't do show underlying url links
7545  Economy / Securities / Re: Havelock Securities At A Glance: The SRS BZNZ Edition on: July 07, 2014, 10:31:56 PM
@Swordsoffreedom:  Thanks, will update today, though since SD was an MPEx offering, with Havelock acting as a passthrough, hope I won't be accused of pimping MPEx Cheesy

Done.

No problem, ah and don't forget cavirtex Smiley
That one is easier to track just 30 dollars in fiat linked to BTC as the price haha and NO on the chart lol.

https://bitcointalk.org/index.php?topic=218435.msg3998459#msg3998459
The share price will be fixed at $30 CAD per share (due to our Canadian dollar valuation) but priced in BTC. At the time of this writing [March 18, 2013] using an exchange rate of $46.875 CAD/BTC one share will cost 0.64 BTC. The BTC price will change on Havelock every hour as the BTC/CAD exchange rate changes."
7546  Economy / Services / Re: WE PAY FOR SIGNATURE EVEN MORE. UP TO 0.0016 BTCs PER POST. W on: July 07, 2014, 10:19:25 PM
Double spend attack from updown.bt

https://blockchain.info/address/1KmNqdNoxU9f1MscfqjRtutpoRTJkL1QWH

You will lose your btc

Hmm how does that work

Not really sure thought it couldn't be done due to timestamping
7547  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Craigslist on: July 07, 2014, 08:09:40 AM
This is a good way to both make use of, and raise awareness of bitcoin. It doesn't cost anything to add that one sentence to your ad.

True a user can also add also accepting Bitcoin to whatever they are selling on Craiglist without causing to much headache.
If someone bites its awesome if not well some people might go what the heck is a Bitcoin and learn about it Smiley
7548  Bitcoin / Bitcoin Discussion / Re: Every Song About Bitcoin, Reviewed on: July 07, 2014, 08:06:01 AM
I dont want to hurt anyones feelings but 90% of the bitcoin songs are embarassingly bad.

Friends hear them and roar with laughter.   Mocking.  And they should.

-B-

So how does that differ from most popular music? embarrassingly bad for sure!

^_^ Ah you guys crack me up I kind of have to agree
The songs are pretty bad sometimes but I have grown a taste for them Tongue
7549  Bitcoin / Bitcoin Discussion / Re: Is Facebook trying to profit from Cryptos ? on: July 07, 2014, 08:03:17 AM
Why BTC let Doge be the first approved app?

Much Wow
But if I had to guess a reason its called the Winklevoss Twins  Cool
7550  Bitcoin / Bitcoin Discussion / Re: What happens to the remaining silk road bitcoins after the trial? on: July 07, 2014, 08:02:28 AM
Does the FBI have access to the remaining wallets in the first place? (sorry if I missed the news)

The dailydot.com website says they have access to the remaining wallets and put all the coins in the address linked to below.

https://blockchain.info/de/address/1FfmbHfnpaZjKFvyi1okTjJJusN455paPH

The Bitcoin address now known as DPR Seized Coins finished receiving the mass of cryptocurrency early this morning, an FBI official told Greenberg.

http://www.dailydot.com/crime/fbi-bitcoin-seized-28-million-silk-road-ulbricht/

Ha! I checked out the Blockchain.info link to the DPR address 1FfmbHfnpaZjKFvyi1okTjJJusN455paPH. It appears a few random people have sent small amounts of btc to that address for the hell of it. Most appear to be transfers of 0.001 btc.

Think I am going to send 0.001337 btc over just for the hell of it ^.^
People are sending small amounts to these types of addresses because they know that a lot of people are looking at them and they put public messages on the TX to try to get people to give them BTC

It's also kind of funny that one can consider them as donations to the government
They have a nice little balance growing although it does make for a nice place to put a dedicated advertisement that targets Bitcoin users
7551  Bitcoin / Press / Re: [2014-07-03] CD: Overstock Dangles Rewards For Bitcoin-Friendly Vendors on: July 07, 2014, 07:56:06 AM

Where is CAVirtex based out of?

Canada they are one of the oldest Bitcoin exchanges
https://en.bitcoin.it/wiki/Category:Exchanges
https://en.bitcoin.it/wiki/CaVirtEx
https://bitcointalk.org/index.php?topic=218435.msg5571194#msg5571194

Launched June 8, 2011
7552  Other / Archival / Re: remove on: July 07, 2014, 07:52:55 AM
http://rt.com/op-edge/170492-bitcoin-revolution-wins-world/

Inserts theses real comments
When the lights go out in the city...
ANY database is vulnerable to hacking and Bitcoin will be NO different. I hope that many wicked A-holes lose big $ with this financial misadventure.
__
Ask anyone in Iceland about their adventures with Bitcoin style crypto currency.
Only those who are vested in making fast money in this pyramid style fast money data mining scheme are the only winners.
So verign states and countries should not be have to be the victims of a pipe dream that has demonstrated more losses than gains.
__
Washington accepts Bitcoin and sells it on ebay.
__
It's just another bubble thing controlled by others. The small fish drive up the price till a ceiling is reached and when the bubble bursts the small fish end up paying the bills and the big fish profit again from it.
Large amounts of coins are being kept out of the loop by the big fish to drive up the price again too.
Nothing new and perfect here. Just different people filling their pockets with other peoples misery.
__
Bitcoin is what will make one world government . Called AntiChrist. The next thing will be chip that has to be implanted into anyones hand in order to trade.
__
Bitcoin is a fake, a fraud, and a scam. Find it interesting this article does not mention bitcoins recent wild gyrations in value. In fact, speculation remains the main impetus behind bitcoin as there are traditional coins that provide what bitcoin does but with greater liquidity and absolutely proven safety. Want to play with coins - do so with something like the Maple Leaf, U.S. Eagle, etc - you can't go wrong with those.
__
Following a 3 month investigation by various Obama agencys to find Bitcoin attack vectors and vulnerabilitys, Obama has also enlisted his goons to setup and trap Bitcoin sellers under the guise of 'Money Laundering'.

Undercover agents have succeeded in entrapping Bitcoin sellers by telling them they either intended to use the Bitcoins they purchased for criminal use or the undercover Obama goons deliberately pushed the Bitcoin sellers into going over a Federal or State currency exchange limit ( varies State to State).

Tho se latest Obama victims were charged with 15+ yr prison sentences, no laughing matter
__
Currency with no real backing by real commodities is always a pyramid scam. They need backing. And check out the competition if you've freat need to move money this way. Trick is don't hold it. There's something like 50 services available easily listed on Wiki. The title for this article does baffle me though. Did Bitcoin write it and submit? There's no revolution and Bitcoin is just one of many and not the best for most people's needs anyway. Reads like a Bitcoin ad. I'll never use it.
_
Bitcoin is very elaborate and Ponzi-like scam that will eventually collapse. once it does do not come crying home to your mommy.
_
I couldn't choose one I'm sorry they were so bad  Grin
7553  Other / Politics & Society / Re: Any chance Hillary Clinton could be gay? on: July 07, 2014, 07:45:07 AM
If she comes out as a homosexual, then actually she will lose votes from the centrist voters

Those are the Trendies who relish the idea of being able to tell their friends how they voted a gay, female into office.

Mumble I think that would turn me off from voting if I was an American
Oh yah I voted for Hillary cause shes gay me ... hmm I don't have many choices in this political system do I lol.
7554  Economy / Speculation / Re: Ross Ulbricht 140k bitcoins potential auction and market crash in future. on: July 07, 2014, 07:40:56 AM
Well hopefully by the time the legal cases are done this specter will be forgotten for a while
In the meantime bitcoin will have grown even stronger
7555  Other / Politics & Society / Re: THE OIL AND GAS BUBBLE IS ABOUT TO POP!!! on: July 07, 2014, 07:38:01 AM
not this agian
back in the 80's oil was supposed to run out by 2000.

you can make coal into oil commercially, its called the haber method. there is enough coal to do this for thex 100 year or more, then there are thorium reactors etc etc.

Peak oil has been a BS since M.King Hubbert came out with it he did his calculations without accounting for the Unconventional's
Fracking and Off-Shore Drilling and coal to oil to name a few.

To be more accurate we have been finding new supplies of oil consistently and a Mckelvey Box is the true way to measure oil supplies
With Commercial Oil - Profitable
Non-Commercial - Not profitable
And Undiscovered reserves



The real problem is that the cost of getting this new oil is increasingly expensive as the easy reserves are found and depleted the base price for the new oil increases as well.
These higher prices make non-commercial oil commercially profitable to acquire and lead to the higher oil prices.


7556  Other / Politics & Society / Re: Does Kurd deserve their own country ? on: July 07, 2014, 07:25:42 AM
Divide and conquer strategy.

Having many small nations in the middle east not capable of defending themselves by their own certainly work well for the current empire.

True although considering that keeping it one unified country was such a mess in this case having smaller countries might help stabilize the region
Basically those three groups have not been able to get along as a country better to have them each have one besides the Kurds have the army to back their forces unlike the weaker Iraq part.

Personally the Kurds probably have the strongest roots to the Persian empire and deserve the chance to make their own country and nation and not third class citizens
http://www.voanews.com/content/kurdish-president-conditions-are-favorable-for-independence/1949439.html

“This is a natural right that must be achieved,” Barzani said, adding that he hopes to conduct a referendum within months. “ I believe now the conditions are also favorable for independence. … Once achieved, we will help our brethren in Iraq, within our capabilities, to help Iraq maybe surmount the current crisis.

Pretty much translated as we bail Iraq out they rather not betray us and remember they owe us one here for saving their sorry asses and for trying our best to live as one nation for years. ^_^.

Barzani said that for years, Kurds have been treated as “second- and third-class citizens. That is why, from now on, we will not accept such treatment," adding that this is another reason he is pushing for independence for the Kurdish people.
7557  Economy / Economics / Re: Capitalism and immorality on: July 07, 2014, 07:20:41 AM
I've seen a lot of talk on these boards bashing capitalism. I want to remind people that capitalism is was the only moral system of government and it has never been tried completely.


Cough Development Politics
Tell that to all of Latin America who were raped pretty badly by the industrialization process
A system built on the backs of others through monopolization and trade restrictions Smiley
That is why they are moving to socialism systems the same with the Chinese who went from Commy --> Socialist because they were subjected to 100 years of shame and exploitation by the Colonial powers, and had to fight very hard to get out of that dependency. (opium wars etc)

Also known as the Global South
http://en.wikipedia.org/wiki/North%E2%80%93South_divide

In economic terms, the North—with one quarter of the world population—controls four fifths of the world income. 90% of the manufacturing industries are owned by and located in the North. Inversely, the South—with three quarters of the world populations—has access to one fifth of the world income. It serves as a source for raw material as the North, “eager to acquire their own independent resource bases[,]…subjected large portions of the global South to direct colonial rule” between 1850 and 1914. As nations become economically developed, they may become part of the "North", regardless of geographical location, while any other nations which do not qualify for "developed" status are in effect deemed to be part of the "South".
7558  Economy / Economics / Re: Inflation supports economic growth. Prove otherwise in this thread! on: July 07, 2014, 07:13:20 AM
I have been always taught that slight inflation is good. I saw people pointing out 100 year graph of USD always having slight inflation. It makes sense, it makes a little urge for people to spend.
But I believe that also deflationary system can work. People will still buy things they need, although not as much.. Causing joblessness etc  Huh

If possible to, can you please somehow prove that deflationary financial system can be sustainable aswell?

Because the monetary base of bitcoins cannot be expanded, the currency would be subject to severe deflation if it becomes widely used. Keynesian economists argue that deflation is bad for an economy because it incentivises individuals and businesses to save money rather than invest in businesses and create jobs. The Austrian school of thought counters this criticism, claiming that as deflation occurs in all stages of production, entrepreneurs who invest benefit from it. As a result, profit ratios tend to stay the same and only their magnitudes change. In other words, in a deflationary environment, goods and services decrease in price, but at the same time the cost for the production of these goods and services tend to decrease proportionally, effectively not affecting profits. Price deflation encourages an increase in hoarding — hence savings — which in turn tends to lower interest rates and increase the incentive for entrepreneurs to invest in projects of longer term.

From https://en.bitcoin.it/wiki/Controlled_supply

Simply put people invest because they expect a greater return than deflation can bring in the long term, therefore the economy is grown at a rate of development greater than the price decrease and promotes long term over short term investments on a balance sheet, second bitcoin is still inflationary this concern is not to be addressed for a few more decades.

262500    2    25.00    2014    11812500    1312500    13125000    11.11%    62.500%
315000    2    25.00    2015    13125000    1312500    14437500    10.00%    68.750%
367500    2    25.00    2016    14437500    1312500    15750000    9.09%    75.000%
420000    3    12.50    2017    15750000    656250    16406250    4.17%    78.125%
472500    3    12.50    2018    16406250    656250    17062500    4.00%    81.250%
525000    3    12.50    2019    17062500    656250    17718750    3.85%    84.375%
577500    3    12.50    2020    17718750    656250    18375000    3.70%    87.500%
630000    4    6.25    2021    18375000    328125    18703125    1.79%    89.063%
682500    4    6.25    2022    18703125    328125    19031250    1.75%    90.625%
735000    4    6.25    2023    19031250    328125    19359375    1.72%    92.188%
787500    4    6.25    2024    19359375    328125    19687500    1.69%    93.750%
7559  Other / Politics & Society / Re: An Analysis of HOW America Fell in the Shitter on: July 07, 2014, 07:08:23 AM
I came here to snicker at your title  Grin
But went on to read your post as well and yes governments didn't used to be so bi-polar politics made them like that but rational actions based on what is best is how all political systems should be.
It's not a political thing it's what is best for all people in society, saving money or developing new technologies they may disagree but it should be civil.
7560  Bitcoin / Bitcoin Discussion / Re: Expedia says Bitcoin usage has exceeded expectation on: July 07, 2014, 07:06:23 AM
I'm relatively sure that the people whose baseline for profit projections that they used (overstock.com) where quite surprised when they first implemented bitcoin as a payment option as well.  Pretty soon accepting bitcoin as a payment option will no longer be a competitive advantage but rather a necessity!

With consumer funded tx fees and no usurious fees from credit card processors it just makes good sense to accept bit coin. That and the constant trickle of new people into bit coin make it inevitable.

"The constant trickle of new people into Bitcoin" is quickly turning into a flood.
2014 started out really bad for BTC, but the tide has turned and the second half of this year is setting up to be unforgettable.  Smiley

True when I talk to people about Bitcoin the tinge of Mtgox and the exchange crash is still fresh in their memories
But the fact it is not Bitcoin is becoming more common
Also when I used the term Virtual currency people were confused but when I said Digital Currency and payment systems people went AH that is fascinating instead so it's all about trying to determine the proper way to explain it to people.
Starting to see more people wanting to support it.
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