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781  Economy / Economics / Re: The world would be better, if the US dollar... on: July 31, 2015, 11:30:07 AM
yeah i agree
because if dollar dropped.. my country is not in crysis again

Your crisis in your country have nothing to do with the us dollar but with the factors within your country. Us dollar is the money of the United States of America and if it will be crisis because of dollars there will be only there. If you produce thing that can be exported your will have dollars and if not you will not have. That's all the connection between us dollar and your economy.

US Dollar being a global currency does affects the movement of finance and influences decisions which often have nothing to do with the U.S. There is more connection of a country's economy and the US dollar. If goods are exported from a country, let's assume it to be India. Now India gets US dollars for supplying food to the US like rice, flour, etc. Sometimes, there is a barter trade which takes place, sometimes they are given as gifts and donations... its not only about profit and loss and import/export.
782  Economy / Economics / Re: Greek officials have previously pointed to Russia as a possible alternative sour on: July 31, 2015, 11:24:35 AM
Russia has no money ,thay can be bankrupt in two years,chinse,thay already bought Pireus port,but thay are not intersted in keepin greece economy alive
Important point is that Greece is Nato member and USAdont want let go Greece in Russia or Chinaarms ,becouuse of his geopolitical location

If Russia sells energy for bitcoin, not USD, then it will have some hard money. USD is controlled by US.


You nerds gotta bring bitcoin everywhere, even when there's a situation where a country is selling energy, you want the transaction to be in bitcoins. First of all, if such a trade takes place, US will be 10x suspicious and plan aggressive tactics against Russia. Russia doesn't want that attention, it wants to stay prepared and defeat U.S with smart tactics and not head to head war. Why the fuck would they sell energy for bitcoin anyway? WHY? To stay anonymous? Seriously?

If Russia does such a horrendous thing to sell energy disregarding the fact that about how much danger it puts them into, it would still end pretty badly for them. First of all, I don't think so they need to do that. U.S and Russia going on a war is something which can actually happen, guys. Russia has the best resources and even if they don't have a lot of money, I don't think they have debt anywhere close to the US.
783  Economy / Micro Earnings / Re: how much can you make weekly? on: July 31, 2015, 11:21:50 AM
If i am not doing faucets but doing tasks for BTC i can earn more than 20$ a week. bitcoinget.com is a site where you can do crowdflower tasks to get paid. 

I am not doing faucets too because they don't give a shit. I take a look at bitcoinget.com but there were not jobs to do. There are more than 40 potential jobs but nothing for me (for my status I suppose). What must to do to have jobs there? How can be increased the rank to have jobs to do?

Why don't you take out a paper and list down your skills, weaknesses, opportunities, threats. That is called a SWOT analysis. It will help you realize what you're good at, what can screw your chances of being good, what is bad and how fucking bad it is. Once you calculated and created a few options for yourself, it will be much easier finding a job which will keep you content. You can find jobs regarding btc on freelancer websites.
784  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: July 31, 2015, 11:14:12 AM
No this replacement will not happen that soon. Before that happens we will see Fiat and cryptos exist side by side. Then cash will vanish and only digital cash will exist. People will realize how transparent and controllable they are. Now they will start to realize that Bitcoin might be safer and less transparent and switch over.

I think the existence of crypto currency and fiat currency existing together has already taken place, except the fact that it is not adopted by the masses. The day such obstacles are overcome are when there is more widespread knowledge and education throughout the world. Bitcoin might not be the most complete currency in the world right now, but I bet it will be if bitcoin's growth rate increases and adoption speed accelerates.
785  Economy / Economics / Re: Taxing is legalized robbery on: July 31, 2015, 11:09:31 AM
Politicians using taxes to take wealth from poor to rich, only bitcoin can change that. What do you think?

I am not sure bitcoin will change that. Countries will want to tax bitcoin as well as any Fiat money out there if they are going to recognize us. We will have to comply with their laws.

If we reject this, than they will make us illegal. I am really not sure what is the best thing to do. Taxes are among us since forever, this is the way politicians live. Can we really stop taxes altogether? I don't believe so.

Very tricky question!

The important question is why is everybody looking out to avoid taxes? if one want to revolutionize taxation and currencies, why not amend rules regarding taxation and currencies altogether? Also, there is already rules and regulations regarding taxes and most of us already do pay taxes when a transaction takes place, other than that they are treated as capital gains. There is a more detailed explanations on the internet, give it a read
786  Economy / Economics / Re: Ranking Bitcoin as Money vs Gold and vs Paper Money on: July 31, 2015, 11:06:05 AM
Fungibility is the property of a good or a commodity whose individual units are capable of mutual substitution. That is, it is the property of essences or goods which are capable of being substituted in place of one another.

Bitcoin keeps a history of every coin and hence they are not fungible or designed to be so. Indeed the difference between freshly minted coins and coins that have passed through many hands are part of the system. Agreed that the appropriate response should be found but Bitcoins are not fungible.

Jon Matonis former exec of Visa and from the Bitcoin Foundation says,
Quote
"Bitcoin has perfect fungibility. Every single bitcoin is just like any other bitcoin. It might be tainted because it came from somewhere else, but it's not like gold bars where you have different variations and tungsten cores and everything like that, so the perfect fungibility is something that will become more important I think as bitcoin moves forward."

I agree with Matonis, bitcoin is perfectly fungible.

Source: https://www.youtube.com/watch?v=E1VtZT5HEFs

The best way to define its fungibility is that 1 bitcoin will always be equal to another bitcoin. All the speculations and calculations about how 1 bitcoin is equal to 283 USD etc is determining its price, not its value. So in terms of value, 1 btc = 1 btc always. Regarding the anonymity of bitcoin, yes bitcoins cannot be tracked as they are exchanged between private keys, but the transaction is always recorded publicly.
787  Economy / Economics / Re: Reform in Greece is for the good of all Europe on: July 31, 2015, 10:59:37 AM
Come on man, they need to pull up their sleeves and work their asses out of the shit. Nobody owns nothing to nobody! They took all the loans during the last 30 years, now they need to pay them back. Nobody made them take out these loans.

As I already mentioned, they need to start working, every single one of them, and stop screwing around their government and their system. I read somewhere some insane number of how many Greeks were on disability claiming they are blind and they weren't blind at all.

Country with such a beauty, such a sea, so many islands and such a tourism has to be so lasy to get into such a deep shit as they have gotten themselves into. Go figure it out!

Exactly, why lead a life depending on favors done by a third person and lose your dignity when you are completely capable of earning double than what you are being paid. Its a beautiful country, there are so many opportunities for locals to earn money especially because the constant change in their market crowd. New customers show up everyday, it is not 'impossible' to pay back the debts. More importantly, it is necessary to be completely independent.
788  Economy / Economics / Re: My bank account's got robbed by European Commission. Over 700k is lost. on: July 31, 2015, 10:55:30 AM
Damn man, this sucks! I just ran into this thread. I sure hope you managed to recover and that you have recovered your business. This should be bumped daily and thread like this should be findable easily all accross the web, just so everyone can see what bastards are governments and banks!

yeah man that's how things go down. The media never really covers news which matters to the people, such posts no matter how much highlighted, never make it to the mainstream media because it does not involve anything except people losing money. If there was any politician involved, they would be all over the place and over hype this situation. The problem with news is that, its most often not really news.
789  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: July 31, 2015, 10:51:21 AM
I think a lot of people do not benefit much with their bitcoins because mostly they do not understand the power and opportunities they get along with buying a bitcoin, there are so many opportunities out there and an average joe can earn money through bitcoins, its not rocket science. All it takes is patience, perseverance and a long term vision, ability to look at the future of your investments and adjusting smoothly with the changes.

it's not that easy as it might look. a lot people in bitcoin are extremely short therm minded. they simply aren't able to think in terms of months or years.

And that is exactly why people are not rich. Is it so hard for people to understand that getting rich is a process which can either be easy or hard, it depends on how things turn out for that person. Some can be really lucky and make the most perfect investment in their first time, and some people need to work hard and make the most calculated decisions. They often fail, they often suffer but perseverance makes a person come out strong and that is a capability which makes someone rich for sure.
790  Economy / Economics / Re: Why have Bitcoin instead of cash? on: July 17, 2015, 07:03:33 AM
Some more points i would like to add:

1. It is really fast (When you pay a cheque from another bank into your bank, the bank will often hold that money for several days, because it can’t trust that the funds are really available. ) , unlike today transactions are pending for 2-7 days for confirmation.
2. No government can take it away from me , if i use it wisely they cant even track me  Tongue

Yeah no one can track how much bitcoins you hold if you act smartly and that is the best thing that govt. cannot track you and bitcoin payment is getting more popular as it doesn't take that long time for online shopping or sending money online.

Yeah, we don't need them to track us. It won't be too far when they take our number when ordering pizza and have all our details stored like finance, health, personal things, etc so they advise us which pizza we shouldn't have and give us only a particular one. They send diet coke instead of normal one because they read we have diabetes. Nobody deserves to get a peek inside your personal files like that, man.
791  Economy / Economics / Re: Best way to turn 2BTC into 4BTC on: July 17, 2015, 07:00:02 AM
Best way is still dollar cost averaging. Keep buying Bitcoin monthly with a % you can afford to lose. Thats the key to buy a good stack. Everything else is too much risk.

If he buys btc and the price doesn't increase, the guy goes in loss for a while till it booms up, if you haven't bserved, he's looking for a quick way to double his money. Buying btc is an investment which might go out of your time period. If you buy btc wile booming, you will be paying much more and still taking the same risk. I'd rather advise you to gamble if you want to make money really fast. You're a grown man and you'd know the risks.

Borrow money from a friend

I will never ever be friends with people like you
792  Economy / Economics / Re: Bitcoin or gold? on: July 17, 2015, 06:47:38 AM
All that shines isn't glitter so all the people stating that Gold is really good, it might not be so good in the coming years. You think things don't change? Trillion dollar stocks crashed and a major ancient country defaulted on a loan (fuck a bailout), you know shit's for real now. I'd rather keep my crypto sorted and go digital in this war, because even a 12 yr old kid will choose gold :*
793  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: July 17, 2015, 06:44:07 AM
The best way and without any thinking is to just mine as many as you can you never know how many you'll be needing

You'd need a big ass pile of cash to start mining in a meaningful manner now. Those days are a pretty much gone for the little people.

The only realistic way to make Bitcoin that involves mining is mining the right altcoin and selling at the right time. Namely, mining altcoin number "8393589" while its cheap and easy. Wait for the pump. Sell right at the top. Profit.
If you did this with some coins such as Darkcoin, Nautiluscoin, Doge, Monero... and tons other, you could have made tons and tons of money.
So what you're saying is, if you guessed the lottery numbers correctly week after week, you could've made tons and tons of money.

I agree.

With good trading skills, mining and selling coins after studying charts and infographics and being updated about the market and what's happening to things which affect the market, however work it takes, it makes your guess more accurate so I think it can be referred more as a research cheat code rather than a gamble to know the right time to sell coins. I gotta admit though, its really fucking hard.
794  Economy / Economics / Re: NASDAQ reached a new all-time high this week on: July 17, 2015, 06:41:05 AM
Stocks have always been a smart investment for people who can judge accurate potential of something. Warren Buffet was very young when he first invested in stocks. He bought some stocks of coco cola and when the company performed better after few years, he invested even more. And when the company went global, Warren Buffet ended up shit load of shares, and a chairman now.
795  Economy / Economics / Re: What do you guess about he future of bitcoin? on: July 17, 2015, 06:29:32 AM
I believe the future of bitcoin is grim, it got to costly to early, and now several organization are dedicated to destroying or diuscrediting Bitcoin. Crypto will be the future, but I fear governances and banks will create their own, which the sheeple will adopt more easily than bitcoin, hope not, but that's what I think Sad

Yes, that is quite a sad possibility. Banks and financial institutions aren't so accepting and will give more than just a strong fight to bitcoin, cloning their own and stuffing it down people's throat and banning other cryptos making them illegal or something. Decentralization might never happen and our piracy will always be fucked with. Bitcoin and other cryptos will be suffocated and die out Sad
796  Economy / Economics / Re: What can greece central bank do? on: July 17, 2015, 06:26:40 AM
They can't really do anything they're broke on money

Not anymore. They got more money coming in now, and they had to sacrifice some public land and add a lot of restrictions and regulations are supposed to be implemented in terms of the new bailout. They get more money now from the eurozone but this will happen very soon again, and I don't think its going to end nice for Greece, living like a parasite. I wonder how long will Eurozone have them around.
797  Economy / Economics / Re: Mobile Payments: Moving Towards a Trillion Dollar Industry on: July 17, 2015, 06:20:21 AM
Mobile industry is huge, really huge. Everybody nowadays has a mobile, and many of them have smart phones. With the introduction of smart phones came the internet. The internet also requires bills and the phone bills are also increasing, but as it is treated as a necessity, people end up paying whatever amount it is. Who wouldn't be surprised to know that it hits a trillon dollar mark now.
798  Economy / Economics / Re: Big Exchange Manipulation ??? on: July 17, 2015, 06:16:09 AM
$278 and down.
This is just a small dump before a big pump and you can just wait and watch.

I think it was just a small pump before a big dump, and it's going to come soon. It might scare the shit out of many people but it will come and it will eliminate a lot of BS. After that, bitcoin will mostly by influenced by major events and adoption by decent countries. The trade will also increase and so will the price level, the volatility will be less as price will start stabilizing.
799  Other / Beginners & Help / Re: Where can u get bitcoins? for free on: July 17, 2015, 05:50:32 AM
You can earn free bitcoins playing games and if you end up at the highscore table, you get literally free bitcoins. If its not just bitcoin, there are a lot of platforms where you can get paid a little for marketing and promoting. If you have a skill or an art, you could market yourself or your work and gain more attention and opportunities for work. Host your work on internet and draw attention.


as you are using signature campaign so literally you are making free Bitcoins. And if not then you can do so.

Its not free bitcoins, you need to consistently write posts and there are rules and regulations to that. It might not be called free, because people have to 'work' for them too. Knowledge, expertise and research is paid more than hard labor Wink
800  Economy / Economics / Re: Why is the Chinese mentality so risky? on: July 17, 2015, 05:32:15 AM
I don't see them as risky, I see them as insanely hard workers (to the point of being unhealthy), just obsession with wealth and making money and working and working, and then as someone mentioned they seem to obsessed with superstitious stuff.

Well, to be honest, In fairness of China if you don't have money, you won't likely be married if you are a man. Sending your kid to college will only end like a dream. There is no social safety net. Money has a great influence and money gets you a great life. The fact that wealth is so valued there just makes the society all the more cut throat. Regarding superstitions, I see a lot of that in Asian countries.
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