They banned it (except when their guys doing that) long time ago, but the terrorists doesn't seem to listen  . Another similarly great idea? |
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What things do you think they forget?
In my mind deflationary currency is not inherently better or worse than inflationary currency, it just depends how able people are to adapt to the new way of doing things in the economy.
If people can shift focus away from wage increases, and realise that they are matching their purchasing power taking wage cuts then I dont think it is a problem...
I think what they used to forget is temptation to temptation to avoid spending a deflationary currency and keep accumulating instead as that money is getting more and more valuable. This will move most of the money supply into a speculative circle of bubbles and bursts, so it will eventually lose its currency characteristics, as no one will use it for actually buying stuff. |
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That 50K sats in an hour seems to me a rather optimistic estimation. As I've seen the rates are a lot lower. Anyway in a third world country with very low wages it can be still a useful source of free money.
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Lost BTC isn't really an issue, it's gone and most likely never going to be recovered. Stolen BTC could be and will be a problem. Large holders are a question indeed, but if prices go up these whales are unlikely to dump their stash in one go. If they sell then more likely they will sell it in a dark pool to a corporate player or to another whale.
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In which of the my posts: "I am defending a bunch of really awful terrorist and their supporters"
If you do not understand, that the bombing of cities and civilians, where there is no isis, the death of children in front of parents, only increase in their number, this is bad, they feed on blood and hatred
for me putins russia = isis
The so called "moderate opposition" isn't any better than the IS, especially since the FSA lost its significance long time ago and now their remnants are affiliated with the Al Qaeda, so the "where there is no isis" means nothing. Collateral damage is a really sad thing indeed and will strengthen only the terrorist gangs, but that's something very difficult to avoid on such battlefields like Syria, Iraq or Afghanistan where you have issues with finding out who is your enemy and who is your ally on that day and how long that will last. |
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Go to localbitcoins, buy some btc in smaller portions with cash, make a paper wallet and transfer your bitcoins there. Until your piece of paper kept in secret and on a safe place, your money is safe and hidden from the eyes of the taxman, and no one can freeze your account.
Buying BTC wherever you want, then converting it to LTC, transferring to a Chinese exchange and converting it back to BTC and finally sending it back to a paper wallet through a mixer can be also a solution, a bit costly tho.
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The NATO backed out pretty quickly from the situation and Turkey alone unlikely to willing further escalating this conflict. Erdogan is already much more conciliative than a few days ago.
Erdogan being conciliatory? I don't think so. Just a few hours ago, he "warned" Putin not to play with "fire". If the Russians impose sanctions and visa restrictions for travel to Turkey, the Turkish economy will be reduced to crap, but Erdogan probably want that to happen, so that he could cling on to power with the help of the ultras. Yes he is. He's now "saddened by the downing of a Russian combat jet by Turkish forces on the Syrian border last Tuesday." and he said "he wished the incident had not happened and hoped it would not happen again". http://www.bbc.co.uk/news/world-europe-34953505Actually the two countries have so many economical links that will make a long term economic war between them pretty costly for both parties. I think what we've seen from Turkey and Russia in the last few days were just opening bids in a negotiation. |
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The NATO backed out pretty quickly from the situation and Turkey alone unlikely to willing further escalating this conflict. Erdogan is already much more conciliative than a few days ago.
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This "strategy" is a simple martingale. Sometimes (if you are lucky) it works, sometimes it isn't. In the long run it never going to be profitable.
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Theoretically possible, but damn hard to get it done in practice. So I'd say at the current commercially available technical level it's nearly impossible.
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Pretty good idea! Blockchain technology is a fairly useful stuff what can be used everywhere where computing is involved. I'm thinking on using it in network/system management tools instead of SMTP, or encapsulating SMTP traps or gets and sets into transactions.
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Pegas, mate you really need to take a break. I know you loathe Russia, but defending a bunch of really awful terrorist and their supporters because of your anti-Russian feelings going to be counter productive.
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Well, after losing lots of smuggled half or third price oil every day and also losing their main tools against the kurds I'm not surprised if the turks are pissed off now.
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That's a pretty economic way to wage war . Let the Russians bombing the shit out of IS and then show it at home as surgical strikes conducted by the US air force . |
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Former "Radio Liberty" contributor mr. Shuster conducted show, where apartheid and ethnic cleansing of Donbass people was called "Democratic and European Way". 51:20 Давайте дополнительный пункт плана: создать им коридор, «поезда счастья» — украинские паспорта сложили – и вперед. Без всяких препятствий. http://youtu.be/LWBWRN-8D9Y?t=51m19sWell mr. Shuster was perhaps a bit too rush. At first they should be able to retake the Donbass, ethnic cleansing can come only after that. However as I've seen the success rate of such efforts in the past, that not going to happen very soon. |
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Thank Goodness that we in America and several other major countries live in republics rather than democracy. In a republic such as the one in America, if people wake up and use the foundational documents of the United States government properly - the Declaration of Independence, the Preamble to the Constitution, the Constitution itself, and the Bill of Rights - they can individually, and personally overcome anything that the government attempts to do to them. Keep the American republic government. It is a good, strong government. Just get smart and put it in its place when necessary, when it tries to trample on your rights. The majority of mankind living in republics there are plenty of constitutions (all looks very just, fine and dandy) as well, but as I see those heaps of paper never ever helped in keeping the powerful at bay and safeguarding the freedom of everyday people. |
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Open Bazaar is a great stuff, but it will need time to take off. Open bazaar is just a new service, if it can get a high adoption rate then it might will have an indirect effect on the price but that almost surely not going to happen very soon after the launch.
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Two years stagnation is quite unlikely. Maybe prices will go down a bit (if the EU "crackdown" will be too rough), but the block halving or some good news surely going to push the price up.
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Oh, really? Because even the most skilled PokerStars players go from losing everything, borrowing a bunch of money from their friends, and then go back to winning if they're lucky. Go and watch Poker on TV if you don't believe me.
You still have more chance in the long run than what you have with dice, slots, etc, and OP said $50-100 per day. By playing Poker someone will have far better chances for that, than with most of the other casino games. It's just a question of skills, determination, spare time and spare money (if things not panning out well). |
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