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Watched the video and it does look like Cartels do control the market
By determining fixed lifespans and getting a consensus the market will be forced to adjust to this behavior and change their purchases.
It does make me wonder though if a lightbulb can go 100 to 200 years by changing it's design then wouldn't that also apply to LED and Mercury bulbs or the more efficient lightbulb design.
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This is the same country that requires pixels on people's genitals in porn  Yet they're just getting around to banning child porn now. Although the article says it was also banned in 1999? Well Japan is pretty crazy and yes >_< I hate them for censoring porn, especially when you take into account that Japanese girls are the ones I like the most! OVERTHROW THE JAPANESE GOVERNMENT! VIVA LA REVOLUTION! 
Japan bans child pornography possession
i agree with this because child still pure, need more parental guarding and they still can't decide the way of life
If Japan do not ban child pornography, it will significantly decreasing morale of JapanaseWas a bit curious why you wrote it in Comic Sans (Yes it got my attention lol) As in regards to the CP that part is fine but I don't buy into that protectionist line of reason that seems to be suggested it is the same rabbit hole that leads to tire swings, wooden bridges you cross and those things you spin around really fast and ride on getting obsoleted in replacement for *safer* alternatives If you don't have some light scrapes when your young learning not to be too reckless, you tend to be more reckless later so learning when its just a boo boo makes more sense to me than learning it far too late where it could hurt you more because you didn't learn that going too fast hurts when your a kid  (or you get dizzy if you walk in circles and let that chain spin up on the tire swing ^_^) But that is an aside about playground equipment. Monitor observe and help not cordone helicopter over and trap in a protective bubble. In terms of parental guarding and that purity B/S let them learn their life lessons but help them out (Thinking Boy Meets World and Fini or Cory's parents not interfering to much but always there for advice and help and to assist if they run into an issue that they can't overcome alone) At least that is what I think the right philosophy would be In regards to anime and manga as long as we have Touhou and the Kagerou Project (vid below) (Metaku City Actors for those who want to see the anime) And creative freedom to create engaging stories I don't mind just want to make sure there is no spillover effects in the law and that's where I would draw the line. https://www.youtube.com/watch?v=qw9PKPCaNCg&feature=kp |
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This is the same country that requires pixels on people's genitals in porn Yet they're just getting around to banning child porn now. Although the article says it was also banned in 1999? I am a big fan of anime and manga so it may come as no surprise that I am a bit placid on this law since it opens the door to arresting people who have doujins and similar fan works, the Japanese anime and manga industry is world wide and very popular so I feel it is not in our jurisdiction to set an agenda of censorship on their works. Simply put it may be off the agenda for now but I'm sure at some point in the future someone somewhere will push this envelope further. My concern is that they will kill the Visual Novel industry and the Clannad, Air, Little Busters, School Days Higurashi type of series because the protagonist is a teenager etc. Or the anime industry just because it has a few fan service scenes like the Onsen (Hot Springs) or Swimsuit episodes lol. Think of the Virtual Children line of logic. As you can tell I have a pro Japan and anti censorship agenda so my response is FU western sensibilities its not your right to impose a set of beliefs on another country, especially one that has a lot more creativity in story line and depth. Example: Elfen Lied, Gundam (Seed Mode) , Seikoku no Dragonar , No Game No Life, Black Bullet Eden of the East just to name a few would fall under that for nudity if that law was expanded which are great series. As to the BBC note that it would impinge on freedom of expression and allow authorities to make arbitrary decisions about art it does have the potential to do so, due to increasing regulation so I hope it does not change the culture around the industry and works are still created freely without fear of prosecution, we need creative artists and Japan is one of the few that allows all areas of thought even those consider Taboo in Western societies to be developed into interesting and engaging storylines. Molester Man anyone ^_^ ( http://www.batoto.net/comic/_/comics/molester-man-r7471) One of my favorite mangas its damn Good. Just my 2 cents on this. Oh and One more thing Death to ISHIHARA! (For those that get the Tokyo reference) Make that two OVERTHROW THE BRITANNIA GOVERNMENT! VIVA LA REVOLUTION! LONG LIVE THE ELEVENS! JAPANESE
Had to Code Geass that long live Lelouch https://www.youtube.com/watch?v=cZ7zQbMxm28And a moment for the heck of it from Eden of the East (In Front of the White House) Hmm NSFW (Think kind of) https://www.youtube.com/watch?v=kHN3-G8p4H4&feature=kpOP https://www.youtube.com/watch?v=4pdqeu9LW2c |
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TOKYO—Japan is likely to stop short of regulating bitcoin after a ruling-party panel looking into issues surrounding the virtual currency decided that no legislation was needed for now. Prime Minister Shinzo Abe's Liberal Democratic Party also said Thursday that no single government agency should be appointed to oversee the digital currency. Instead, it called for self-regulation by those involved in trading in bitcoin, as the party seeks to nurture the fledgling industry. http://online.wsj.com/articles/japan-ruling-party-to-hold-off-regulating-bitcoin-1403175537___ Comment I love how there is a Bitcoin ATM in a Place called the Pink Cow Restaurant in Tokyo Classy Stuff |
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Thanks a lot! Right now we have French and English. Spanish is next!
Well actually someone made a site in Spanish that does that but your right it would be nice to have one in flyer form http://www.queesbitcoin.info/Thanks for sharing this looks like a nice flyer you should contact the Bitcoin car that is traveling around Canada and the US and have them distribute a few. |
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Exchange feedback/comments
Fix that API software so that the bots don't crash the server so often
Perhaps include a DRIP option for some funds that pay dividends like btct used to for different funds.
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I too have been puzzled if Satoshi will ever use his coins he may someday start removing some amount of it perhaps more in 10 to 20 years once Bitcoin volume is stable and there are a lot of users when it wouldn't make as big an impact.
That said I don't think he would scare the system by making giant transactions.
They are Satoshi's coins and he is free to spend them and he is smart enough to not collapse the system with that many BTC
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Recently we have seen a lot of government failures and scandals.
What is your opinion, do we need the government or not?
We need the government but the extent to which we need it is debatable I don't mind if they set standards safety regulations giving people jobs building infrastructure. The question is when they start invading privacy and monitoring every piece of information. Some government is ok but like all things too much is bad for you and too little as well although I am referring to a federal government Territorial/State Provincial governments are different than a municipal one so it matters what type of government the OP had in mind. I assume the Federal one. |
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Tell him to go store it at just-dice or something he has a way to go to 348 K Bitcoins but I like round numbers should go for 2 more haha That said he still has a lot more than me less than I expected but 348*600 = 208,000 Enough to purchase a small house at least. |
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But after I read the article, I noticed something funny... On the right-hand column of the page, near the bottom of the article's text, was a little box entitled "The Quotable Mises" that features a random Ludwig von Mises quote each time you load the page. And what did the quote say? "Only stilted pedants can conceive the idea that there are absolute norms to tell what is beautiful and what is not. They try to derive from the works of the past a code of rules with which, as they fancy, the writers and artists of the future should comply. But the genius does not cooperate with the pundit." -- Ludwig von Mises  Ha! Nice, now that is an example of class I give the Ludwig Von Mises quote a thumbs up and am honestly surprised that the Mises Institute would throw a negative on this. They may not be Ludwig but they need to reanalyze it. Brilliant Economist though and that's a great quote ^_^. Satoshis spirit channeled through Ludwig on that one Mine was The Quotable Mises Ludwig von Mises: "Socialism promises not only welfare wealth for all but universal happiness in love as well. This part of its program has been the source of much of its popularity." - Socialism |
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I would really like to know the best way to strengthen a country's currency.
Increase in it's import or export?
Please share some good ideas.
Back it with bitcoins. That is an interesting idea unlike gold and silver reserves a Bitcoin address is publicly verifiable and accessible As long as individuals know the Bitcoin address they can see that their is a reserve available. I am not certain if that would give Bitcoin an official currency status though which may raise a few legal issues but it is a unique approach that a digital economy provides Verified reserves visible to all and secure from attack seems like a win win win. |
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I haven't heard of Silk coin before is this a coin for the Silk Road or something
Would like a bit more information about what it is about etc.
Form the White paper I see it uses a swarm network but how does that operate.
As a storage mechanism or differently?
BitTorrent protocol files are divided into pieces and the torrent file is used to check the integrity of the hashes.
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I would say a whale owns at least 1000 BTC
That said the definition of a whale is someone who has a lot of money
By Fiat Standards a whale would be someone who has
300 to 600 BTC to spend in vegas at an exchange rate of $500
1000 BTC in Macau
From Wikipedia
A high roller, also referred to as a whale in the casino industry, is a gambler who wagers large amounts of money. High rollers often receive lavish "comps" from casinos to lure them onto the gambling floors, such as free private jet transfers, limousine use and use of the casinos' best suites. Casinos may also extend credit to a player to continue betting, offer rebates on betting turnover or losses, and salaries of employees may also contain incentive arrangements to bring in high rollers.
The definition of a high roller varies. At Crown Casino in Australia it involves bringing between A$50,000 and $75,000 to the table. High roller players often have very high table limits allowing the high roller exclusive use. Casinos compete on bet limits, in Australia limits of A$300,000 are common, in Las Vegas they are between US$150,000 and $300,000, and in Macau they are up to US$500,000. Only casinos with "substantial financial firepower" can accommodate high-stakes gambling due to the "volatility" of results.
Great post, thanks for justifying your number, but I think you're off a bit. In Macau, Gambling amounted to $24B ( http://www.heritage.org/index/country/macau ), since BTC is only about 1/3 of that, it makes since that whales should be too. So around $167K USD. Or 278 BTC at 1 BTC = $600. 278 BTC doesn't seem to high though considering that we have people with 10K+ BTC in the markets. So perhaps that 278 BTC is only the amount that they actually have invested in alts, in which case, the definition of whales becomes much more strict. Thoughts? In that case I would say that the one person I am really aware of that would classify as a whale besides the early betters on Satoshi Dice would be Nakowa or possbily Celeste from Just Dice who was able to bet up to 1% of the bankroll and created a rule change because to much capital was being moved back and forth By that definition a whale in Bitcoin would be someone who is capable of making the casino take precautions to lower the risk the house faces by being capable of moving the variance significantly. https://bitcointalk.org/index.php?topic=242962.880With around 222 Bitcoins but winning a few times that would be enough to be a whale. |
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Whonix seems very interesting indeed, Whonix is an operating system focused on anonymity, privacy and security. It's based on the Tor anonymity network[1], Debian GNU/Linux[2] and security by isolation. DNS leaks are impossible, and not even malware with root privileges can find out the user's real IP.
Whonix consists of two parts: One solely runs Tor and acts as a gateway, which we call Whonix-Gateway. The other, which we call Whonix-Workstation, is on a completely isolated network. Only connections through Tor are possible
Source: https://www.whonix.org/This will allow some level of anonymity and privacy for tech people, but the mainstream is still left out in the open The article focusses a lot on Tor, which I think is a good but I don't think it's the only method. Tor is a very secure system, but it does have its moments when someone can get in like the FBI with Silk Road. They didn't really break into Tor in that case but caught the person through investigation but it still counts more or less. Still for less technical people tor is a good way to communicate with a relative sense of privacy and security as the article mentioned the super paranoid will have stronger stuff to use . http://www.howtogeek.com/142380/htg-explains-is-tor-really-anonymous-and-secure/ |
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This has been very fun. England, Spain, one of Italy and Uruguay getting out. From the group of death the first qualifier is Costa Rica. I love it when there are upsets Same here this years world cup looks like an interesting one with many teams playing well and several upsets to the rankings. It is becoming much harder to predict who will become the champion although I have a Netherlands Brazil bias still there are other strong teams and unexpected teams who could take this cup. That is Game Ghana 1 and Bosnia Herzegovina 0 |
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I've used the RSI to see if we can expect a new bubble. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. Just before the last bubbles we had a rise of the RSI above 80 and directly after that we had a drop. After this drop comes the bubble. I'm expecting a top of about $3800 to $4000 because of the symmetrical triangles. Price target of a symmetrical triangle: the widest distance of the symmetrical triangle can be measured and applied to the breakout point  This seems like a viable way to measure relative growth in the index. Btcoin is not really an index the price may follow a similar pattern so it makes for good speculation. I hope the price goes up to in relation to the news of the sale from the FBI and the market reads that sentiment positively. |
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Back onto the article
The article was spot on about the utility of Bitcoin as well and I love his writing style.
Now I realize that there is no big day for Bitcoin; there is a long march of small steps in the direction where it appears to be headed. No one adoption is the key. No one improvement in the protocol is going to make it finally happen. It has to go through a process that includes small steps toward commercial adoption, the building of a producer-side infrastructure, and a slowly dawning public consciousness.
There really is no shortcut we will get there one step at a time.
@ Junko as a curiousity would you accept Bitcoin if one of your patients was willing to use it.
Anyways good article.
Thanks for sharing
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Companies that engineer their products to fail eventually fail themselves. Just take a look at the U.S. auto industry.
Not quite there are several times when a company engineers something to fail but it still gets significant scale This is due to decreasing product quality and the need of a consumer to go buy a replacement. Basically its cheaper in appearance but in reality you pay more than the premium product As Some have said I'm not rich enough to buy cheap http://www.andybudd.com/archives/2009/02/why_i_cant_affo/Example: Home Heating Systems made 30 to 40 years ago still work but the newer models don't work as long and tend to require replacement much sooner. Shavers such as disposable razors where the blades don't last nearly as long as they use to. Printers: I still have a dot-matrix with the side papers and it works but the video shows that new ones break much faster http://www.niyaazenterprises.com/dot-matrix-printer-paper.htmThe lightbulb is a good example though since the older systems can stay on longer as long as the filament is not exposed to air but the weakest link the Glue fails long before the lightbulb would break. I guess I have a soft spot for old school lightbulbs Incandescent light doesn't do any harm to people and even in minute quantities gaseous mercury seems unappealing. LED's are fine with me though but they are a bit more expensive than the incandescent The video looks interesting though but the problem is that people don't repair things as often anymore and just buy new stuff. So combined with Planned obsolescence the second truth is the inflation of repair costs. Example repairing your glasses in Canada and the US costs more due to a monopoly they hold. It was on 60 minutes if anyone wants to look it up. http://wire.kapitall.com/investment-idea/free-press-60-minutes-exposes-eyewear-monopoly-held-by-lux/ |
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