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8221  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: May 30, 2014, 06:17:16 AM
FC is selling chips to many parties, I can't imagine he how would he run away, dividend will arrive.

True there must be a few parties that know who Friedcat is personally.
We also know that he is delivering chips and that their are real products so that dividend will arrive Smiley
8222  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: May 30, 2014, 06:16:09 AM
Are you currently putting all your money into bitcoin?  If you say this, you show you believe it by your actions.  I am putting all my money into bitcoin - I see a possibility of $50-$100+ per coin this year.  Just think, once the "bankers" and hedge funds find out about this, we are going to the moon.  Once my bitcoins are $1,000+ I will be able to pay off my growing college loans and maybe get an apartment, and my first car Smiley


Putting your money where your mouth is means you are commendable
Since most of us here are more or less long term users of Bitcoin and think a google ceo mentioned 90% are holders 10% speculate we will remain the new wealthy elite.
8223  Other / Politics & Society / Re: Snowden should 'man-up' and face trial: says SOS John Kerry on: May 30, 2014, 06:09:44 AM
People in the U.S government no less talked about how much they'd want to shoot him, it's amazing really that Russia is more safe for him than the U.S given what we've been taught by western governments as children, John Kerry can shut the fuck up I agree, at least in Russia he's being treated as a human being.

Kerry is just embarrassed at how badly their dirty laundry got put out to air making them responsible to their citizens
That invincibility complex of being the government and always knowing best.
8224  Bitcoin / Bitcoin Discussion / Re: Bitcoin jobs on: May 29, 2014, 05:27:24 AM
...A single enquiry would make me much more positive about the prospects for wider adoption....

There was recently a Bitcoin job fair with "more than 400 attendees and 34 startups".
That strong of a showing sounds like a healthy reason to be positive about wider adoption.

That's cool since I didn't know that there were job fairs now in Bitcoin
I would personally thing a Bitcoin job board would help to increase interest in Bitcoin related industries
Beyond the forums thread.
That said I think at this stage most jobs are either freelance coding or writing articles and transcribing than in sales and marketing
(For now)
Since we are seeing a lot of new startups and established companies like circle as the article pointed out developing the Bitcoin infrastructure.
8225  Other / Politics & Society / Re: A Society that can use system with Base wage on: May 29, 2014, 05:21:45 AM
A base wage is nice in theory as long as people still have an incentive to work and improve their own standard of living.
As in they do not just leech from the base wage perpetually and become a drain to the system itself.
Of course this means a higher rate of taxation so people should be able to enjoy a balance between a base wage and higher taxation to cover better quality services.
As for France it just overburdened the Rich with ridiculous tax rates no wonder they moved, any of these type of systems need to have a strong foundation to be built upon not a shaky one as a reaction for the country bad misaligned financial management.
8226  Other / Off-topic / Re: Savings/CDs on: May 29, 2014, 05:09:10 AM
In all the history of low interest rates that 0.001% is by far the lowest one I have seen and its per year not per month too.
I can't believe that the law even calls that a savings account just amazing.
Please go to your local credit union or switch banks that's an insult in my opinion.
http://savings-accounts.findthebest.com/l/1/Chase-Savings

Looks like a lot of people are complaining about it can't blame them your money can do much better anywhere else even a 30 day redeemable GIC.

http://www.truth-out.org/buzzflash/commentary/if-you-put-250-in-a-chase-savings-account-you-ll-get-2-5-cents-in-yearly-interest-and-maybe-charged-4-a-month/18083-if-you-put-250-in-a-chase-savings-account-you-ll-get-2-5-cents-in-yearly-interest-and-maybe-charged-4-a-month
8227  Bitcoin / Bitcoin Discussion / Re: Help us decide video about which bitcoin myth we should do next! Please. on: May 29, 2014, 05:00:29 AM
Yesterday we published our 3rd video of the series "Bitcon For Dummies". In each episode we try to explain in just few minutes a common myth or misconception about Bitcoin.
 
The first 2 got over 55 000 views in just few weeks. Which is kinda neat but now we want to figure out collectively with you which is the best myth to explain in the next one.

So, after those 3, what is actually bitcoin, how it's not really a ponzi, and what is its intrinsic value, what's the most irritating but common misconception you keep hearing about it?

Help!  Huh


I would say the History of Digital Currencies might be a neat one
Show people what Bitcoin came from and its roots and how it can potentially impact financial systems.
8228  Bitcoin / Bitcoin Discussion / Re: How to get BTC Foundation out of Bitcoin development? on: May 29, 2014, 04:48:53 AM
Inspired by this thread, we're setting up the No Bitcoin Foundation. the domain bitcoin.foundation is already secured!

Well was looking around the forum and you seem active so I wish you the best of luck in your efforts
What is your alternative though
8229  Economy / Economics / Re: Quantitative Easing on: May 29, 2014, 04:30:06 AM
QE save not only the American economy, but probably also the world economy. Without it, probably the euro would have ended.
And since didn't provoke inflation, all considerations about its negative consequences didn't materialize (at least, yet).

Yes, it truly is amazing how ungrateful some of the people around here can be after they've been thrown a lifeline.

That lifeline comes with a long term cost in exchange for addressing the needs of the present
In other words money controls possibilities with the future held as collateral.
The goal of financial stability is to not sacrifice and throw away that future but to fix and solve the problems that need to be addressed today.
8230  Other / Politics & Society / Re: Snowden should 'man-up' and face trial: says SOS John Kerry on: May 29, 2014, 03:05:30 AM
One should now that in no way would the trial be fair and unbiased
The jury judge and executioner would not be anywhere in his favor
Kangaroo court (Maybe in 10-20 years when the impact is diminished)

Also Chelsea Manning. He exposed images of soldiers killing innocent people for sport and who's in a jail cell? I'll give you a hint: not those soldiers. Makes me fucking sick to my stomach.

Amen
8231  Bitcoin / Bitcoin Discussion / Re: Bitcoin Backers Work to Make it Mainstream on: May 29, 2014, 02:56:41 AM
Bitcoin Backers Work to Make it Mainstream
http://www.forbes.com/sites/techonomy/2014/05/27/bitcoin-backers-work-to-make-it-mainstream/

Why do you think fortune 500 companies now starting to support Bitcoin?

The future of Bitcoin is getting brighter and these type of crypto developments where larger companies like the Fortune 500 contribute towards building and making Bitcoin mainstream help towards the overall usability and reputation.

I look forward to what the future has in store for Bitcoin and related technologies.
8232  Economy / Services / Re: ★★★ HIGHEST SIGNATURE PAYMENT ON THE BOARD - UPDATED - RitzGrandCasino.com ★★★ on: May 29, 2014, 02:40:10 AM
we are all sorted . Zack and Ritz are now friends.  Cheesy

Zack, contact us anytime!!

Well that's lovely glad you two were able to settle your spat Smiley
8233  Other / New forum software / Re: Can we "Like" a post? on: May 29, 2014, 02:14:49 AM
How about the ability to "like" or "+1" a post?  To prevent obvious abuse, you must have positive trust and seniority to vote.

Well that would be a bit of an unusual function (If it was optional) and you had to manually click it as an option pane I would support this idea
Else I like the squid picture

8234  Other / Politics & Society / Re: you get Richer as the Older You’ll Get on: May 29, 2014, 01:55:46 AM
Well I guess we should have added the condition that you get richer the older you get if your income beats the rate of inflation and the devaluation of your dollar.
8235  Economy / Economics / Re: Quantitative Easing on: May 29, 2014, 01:22:39 AM
Quantitative Easing was never the solution to the financial problems
What was needed is real growth in industry and developments in agriculture
Printing more money does not have any real value unless it builds the economy around it as well
And bailouts are rarely the proper way to address these problems
Some exceptions do occur now and then but they should not be a stop-gap measure to the next crisis but an emergency point from which a reanalysis of the problem and solutions to it are developed and established to avoid a repetition.
8236  Economy / Speculation / Re: Timeline over the next 2 months on: May 29, 2014, 01:18:31 AM
Ok, last time when it was at $200 I called a high of $1600 over the next 6 weeks (it only went to $1240). Here is the timeline this time:

June 20: $900
July 4: $1800
July 11: $3600

That next week it will top out near $4000.

So it is written, let it be known.

I commend your balls for taking a gamble on the price and I actually do hope you are right
Since it will be a new ATH to look forward too Smiley
8237  Economy / Speculation / Re: Mt. Gox selling trademark "Bitcoin" on: May 29, 2014, 01:05:45 AM
what value would a company gain by owning this trademark?

Maybe just the power to sue others who infringe and braggin' rights of owning the trademark
Just thought of an application, sue the companies who scam their users and use Bitcoin as a trademark
(Thinking about Mtgox with that example he-he)
8238  Other / Off-topic / Re: Creating fake sig campaign to increase competition? on: May 29, 2014, 01:02:57 AM
It would likely fail since the first users would experiment but afterwards if no payout is recieved would abandon it
Also escrow and trust would be required meaning some Bitcoins would need to be proven to exist
Thinking back it's happened once or twice and people left right away on the users inactivity or based on their likelihood of non payment
Heck even Ritz had a challenege with theirs for a while establishing trust takes time.
8239  Economy / Speculation / Re: Mt. Gox selling trademark "Bitcoin" on: May 29, 2014, 01:00:46 AM
Goodwill I guess from being associated with the name and never needing to worry about a legal case on the name itself.
That said this assumes someone tries to monopolize it which would likely fail.
8240  Economy / Economics / Re: Does anyone else feel like Bitcoin is a safe investment? on: May 28, 2014, 10:04:28 PM
All currencies will eventually return to its intrinsic value.

True but defining a currencies intrinsic value is relative to the economic inputs and the goods and services that can be exchanged for using the currency. Finding the intrinsic value can always be a mystery Smiley
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