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Have they actually crashed and burned as of yet? Link?
In theory the OP can still get something back via investment returns if they are still paying out (aka conning people into giving them money)
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I would encourage you to look into tomatocage's tactics.
Check his recent trust that he's sent out.
He sendss out negative trust on anyone that opens an account here and tries to sell something.
He did this to me when I first came here, I since proved myself to him and he removed the negative trust.
Now he re-added negative trust for absolutely no reason, other than this thread where some one has accusations about me being someone else.
This is not quite true. He gives out negative trust to people who fit the profile of scammers. If someone creates an account with the express intention of selling things or borrowing money then they are likely scamming. This is a fact. |
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I have a friend that's planning a vacation there sometime next March. He is planning to stand on the street with a sign offering to buy the coins immediately for cash. He is going to offer 50% of the current value for the coins and give cash immediately to anyone that transfers them to his wallet. He's already set up two exchange accounts to deal with the coin. This fund is going to "drop" a lot of cash in my friends pocket. I wonder how much of it he'll be able to capture? lol
Probably a lot. In the past, people who received coins via air drops have more or less sold them as quickly as they can. Your friend could likely offer less then 50% as many people would likely not go through the hassle of setting up an account on an exchange just for $10 |
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He is not "100% actually deceased", that is great news that there is a chance of future recovery. What an amazing world we live in. Nap in peace, Hal. No he is very dead  I personally find it offensive to say something like this. |
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This is because it does not consumes CPU cycles. Or simply they like doing it.
It takes up a lot of bandwidth as many people are downloading the blockchain from you. Also you must keep the computer on at all times which uses up electricity. |
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The green Monster Energy Drink.
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Thailand or New Zealand. Both countries are like paradies  I think Australia is better then both of these places. They have beautiful beaches, beautiful women, and a major economy. |
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Are you really talking about this guy?  Are you really asking how to get your hair as good as his? How did he get his hair to look like that? |
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So, if given the choice would you keep your money in the Argentina Peso or bitcoins?
I don't think anyone is given that choice. Unless there are exchanges selling bitcoin for Argentine peso. If so, links? Given a choice, people in Argentina will want to be paid preferably in Bitcoin. They do not need to convert their paycheck in bitcoin, just sell good and services in bitcoins and refuse unneeded pesos (at best the will accept some pesos to pay taxes with them). Foreigners will find favorable prices if they pay in bitcoins or any other half decent foreign currency. I bet you can rent a lot of ass and pussy in Argentina for bitcoins and get favorable treatment. So your solution is prostitution?  With two bankruptcies in 13 years how can it be worse than their current economic endeavors?  I still don't think prostitution is the answer to their problems. Even if they were to resort to this, I would doubt it would solve their problems as prostitution does not even bring in a lot of money. |
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All governments will not let go of their power to issue and control the money.
This is probably true. They also probably will not have very much of a choice when their currency is not used as much anymore. |
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Gold is still a good store of value, not necessarily a currency (yes, it WAS currency in the old days).
But people will surely go after btc rather than gold. Why not? One can store $1 million worth of btc just in a USB stick.
You would likely want to invest in a lot more then a USB stick to keep $1 million worth of BTC safe, likely a similar amount you would spend on keeping $1 million worth of gold safe. The only real reason that gold is such a good store of value is because it has been around and used for so long. |
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This is about Argentina defaulting on its bonds. Bonds are denominated in USD so they can't print pesos to get out of mess. Not comparable to Cyprus situation. Cypriots bought bitcoin because imposed bank holiday Stop thinking everything is good for bitcoin. LOL  If Argentinians could buy USD, they would. Depends on whether BTC is easier to lay hands on, or USD. In the end, it could be good for bitcoin. Did you read the story? Agentina is defaulting on some bonds. What does this have to go people converting their currency The link is Argentina defaults --> Harder to get external credit --> More printing of pesos --> High Inflation. In the end, people will have to look after themselves, if their pesos get devalued very quickly. The bonds are denominated in USD though. Plus they're already having inflation problems. Why would they print more pesos? If anything they'll go back to pegging their currency or they'll go to IMF and be forced to follow whatever IMF reccomends For regular Argentinian people I think they have already been buying USD but the govt placed limitation in Jan. I'm gonna ask my Argentinian friend about it. I don't think in times of crisis most people will suddenly start speculating. I think they seek stability This does work somewhat however the more pesos that are printed the less effective this becomes as this would cause a sell off in pesos. I seriously doubt that the IMF will bail out Argentina as they are really too big of a country for the IMF to lend to. The IMF usually lends to countries with very small economies that never had access to capital markets while Argentina has had access to the capital markets. Printing more ARS wont pay off USD denominated debts. They have to acquire USD from somewhere. Is Argentina bigger than S Korea in 1997? IMF actually proposed a restructuring in 2003 but plan was abandoned due to pressures from USA Argentina could print pesos to buy dollars to pay back their debts. As they sell more pesos, the value of each peso would decrease so the more they print the less dollars they can buy on a per peso basis. |
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With capitalism you have opportunities to climb the economic ladder if you are smart and work hard.
I am wondering, why still exist so naive believers in corporate propaganda! I have personally climbed the economic ladder. My family was poor when I was growing up, and there were some days when I was unable to eat. I was able to graduate high school with a 3.9 GPA, get a full scholarship to college, get a scholarship to grad school, worked my way up the corporate ladder and am now making over 6 figures at a major technology firm. |
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Do you 2 know each other in real life?? If the answer is yes then i have the following suggestion: 1. Set up a face to face meeting! 2. Drink a coffee together. 3. Search for a gym! 4. Go together at the gym and rent a box ring! 5. May the best one win! 6. Go to a beer and be friends! Problem is solved It does not appear that they do. They seem to be spreading shit about eachother online. I think I saw him post a bounty for a dox of VoD as well. |
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It looks like that 90%+ of accounts registered do not have to worry about this (assuming that 0-1 have less then 1 evil)
From the looks of it, you should not be using TOR to register your forum account (if you do you will have to pay).
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I would think that off topic would be appropriate if it does not have anything to do with bitcoin.
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Yep Bitcoin is a stock.
Where are the revenues, expenses, and profits? Nope, not a stock. Bitcoins have the attributes of and fulfill the functions of money. You could ask the same questions about Amazon over the last decade and be equally as baffled Wrong again. Information from Amazon's financial statements can easily be found here. There's nothing to be baffled about regarding Bitcoin or Amazon. One is a publicly traded company and the other is a decentralized digital cryptocurrency. Information on Bitcoin is even easier as it is always free and likely not manipulated by con artists. Amazon price tied to profits is pure fiction and is a figment of your imagination, you have been conned by the forces of finance. There is no difference between Bitcoin's price tied to its own imaginary fundamentals and Amazon's valuation of speculation and imagination. Stocks when originally conceived were true ownership, today that is almost always far from the truth unless you happen to own a different class of stock than what is highly traded on the exchanges. Huh? I didn't say anything about being able to find information on Bitcoin, market manipulation, Amazon's share price being tied to profits, Bitcoin's price, or why stocks were originally conceived. What I did say is that it is easy to find information from Amazon's financial statements and I provided you with a link to that information because you were "baffled" about where to find it. Whether that information is accurate or not is an entirely different matter, not related to the topic of this thread, and irrelevant to me because I don't own or have any desire to own shares of Amazon. You won't find these financial reports for Bitcoin, (or gold, or silver, or the dollar, or the euro, etc.) because they don't exist. They don't exist because Bitcoin is not a publicly traded company with revenues and expenses--it's a currency. You mention fundamentals like it is a magic word that differentiates Bitcoin from a stock. That word alone is rather meaningless and only represents measurements you use to justify paying X$ for a stock. Bitcoin itself has far more "fundamentals" than gold silver or fiat because of its digital and service based nature. Suggesting that Bitcoin is different because it doesn't have fundamentals is a silly argument. Ask yourself what the hell a stock even is, what it truly is and what you are truly purchasing. It is a figment of imagination far more than Bitcoin is. If you think it isn't, do some research. You're going off on a tangent again. I never mentioned the word "fundamentals". Shares of stock are issued by publicly traded companies and those companies have revenues and expenses. Bitcoin does not have revenues or expenses, because it is not a company and therefore it is not a stock. It really is that simple. It's not even an argument, it's just a simple fact. Sounds like you need to take your own advice. You might want to look into the functions and characteristics of money while you're at it too. Bitcoin is no more a stock than the dollar, the euro, the yen, gold, or silver are. These are all forms of money that could be used to measure revenues and expenses, but that doesn't make them companies with revenues and expenses. people buy stock because they want a piece of the companies future earnings. Bitcoin does not have any earnings. |
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The duty is usually paid for in terms of the local currency.
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Financing miners is an economic burden (hidden by inflating the coin supply).
But it also ensures that the network is secure. Pos can be easily manipulated |
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