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941  Other / Off-topic / Re: Hiding IP on: August 15, 2014, 12:31:12 PM
To be truly anonymous people use Tor or a public Wifi
942  Other / Beginners & Help / Re: Bought my first 0.1 BTC on: August 15, 2014, 12:29:38 PM
OK just bought my first BTC investment to test the waters!

Now I have a question I'm in the UK and I've bought from Bittylicious, tho it's very easy and fast to use it's quite a lot of money over price market paid a good £20 quid over . Now is that the usual fee or are there cheaper ways to trade my fiat for BTC in the UK I feel I'm paying a Premium for the service and I admit it's a good service so far.
Now another question is what is the easiest safest way to cash out back to fiat? Im planning on investing on 4 or 5 BTC then hodl for a few years or so but if in a emergency I need to cash out what's the easiest way ATM and will I have to pay a PREMIUM again?

Thank you for your help .

20pounds premium over a 1BTC buy or a 0.1 buy??

Congrats on your buy

I recommend BTC-e.com simply because they are easy to use and decently reliable.
And if i'm right then they require no ID so you can stay theoreticaly anonymous.

That is an added bonus
943  Economy / Services / Re: Paid Per Post for Using A Collective Primedice Referral Link on: August 15, 2014, 12:27:48 PM
It's a good idea but you take 40% of the commission?

If you want Full M and M as well you just create a second aff link for those
944  Other / Off-topic / Re: Do you really earn more money because you went to college? on: August 15, 2014, 10:28:57 AM
People that go to college are in average brighter, harder working, more ambitious and for more affluante families and they are meant to make more money (as a group) than people that don't go to college

If you factor in the cost of going to college will you really make more money because of the diploma you will get?

Support : https://www.youtube.com/watch?v=nbUFBk3477o (few minutes video debating the subject)
Going a college is a reference, but i does not means you cna do everything.
Being a good human speaks more in real life.
One of the most important academic lessons I learned in college was figuring out how to figure out how to do things.  College didn't teach me how to do everything, but it taught me how to go about learning how to do something I don't already know how to do.  That lesson is priceless.

But you could have learned it in high school, at home and it is not worth tens of thousands per year; even if you didn't pay tens of thousands per year it costed tens of thousands per year
No, I couldn't have learned that in high school.  High school is too low level--they're mostly concerned with teaching particular facts and concepts.  The atmosphere is too constrained by particular curricula.  You have to be given time and space to learn to think independently and figure out how to solve the problems you run into along the way.

Maybe you could have been given time and space in high school if the teaching was better and made differently; or you could have learned what you learned for a cheapest cost in college
945  Economy / Economics / Re: Global Financial Crisis scenarios on: August 15, 2014, 10:27:48 AM

The financial crisis took out a few players (banks / investment banks) in the credit market. The absence of these financial intermediaries would have resulted in lower credit being available to main street. Rates would also have risen, with banks not willing to take on additional risk. QE was supposed to ensure that this did not happen, by making ample liquidity available in the system.

So, in the worst case, QE just didn't work out since there was not much demand for credit from the "main street", but it didn't make it worse either, right?

It hasn't made it worse, but its efficacy was low.

QE and low interest rates postponed the crisis but it is going to be worse and will probably end up in hyper inflation and wars
I really don't see QE and wars being linked, especially since most of the modernized world has engaged in some kind of QE (neither wars fought with military or economic/trade wars). Also the fact that banks are keeping the majority of the money they get from QE as excess reserves at the federal reserve is preventing inflation from getting out of hand.

Fiat allows bigger and more expensive wars; QE and low interest rates is a way not to be honest about the situation and to hide the problems for a while; when the problems will come back and be bigger, the politicians will not accept it and say they were wrong.
QE+low interest rates manipulate the markets heavily which can come back in the form of frustration, protests or wars.

In the US the politicians tend to regulate for the big banks and the big corporations such as the military industry; wars are good for the former so wars are made. Politicians are often sociopaths who want to control everyone so they are likely to start wars when their fallacious economic actions are unsucessful
946  Local / Économie et spéculation / Re: Le prix du bitcoin ne cesse de chuter depuis quelque jours... on: August 14, 2014, 02:30:02 PM
j'attends les 320 - 330  Grin

Ca monte puis ça rebaisse, il y en a sûrement qui se gavent, les 6 1ers mois de l'année ont été laborieux mais ce ne sera sûrement que du bruit dans 2ans quand on sera à plusieurs milliers de dollars
947  Economy / Economics / Re: Global Financial Crisis scenarios on: August 14, 2014, 02:28:37 PM

The financial crisis took out a few players (banks / investment banks) in the credit market. The absence of these financial intermediaries would have resulted in lower credit being available to main street. Rates would also have risen, with banks not willing to take on additional risk. QE was supposed to ensure that this did not happen, by making ample liquidity available in the system.

So, in the worst case, QE just didn't work out since there was not much demand for credit from the "main street", but it didn't make it worse either, right?

It hasn't made it worse, but its efficacy was low.

QE and low interest rates postponed the crisis but it is going to be worse and will probably end up in hyper inflation and wars
948  Other / Archival / Re: Updated Overview of Bitcointalk Signature-Ad Campaigns on: August 14, 2014, 02:27:21 PM
Our campaign still has three slots left for senior and hero members, please put 'Coinbroker.io' in the active part, thx~~~~~ Wink


0.021/week and 0.024/week is pretty good for 15posts but it is only interesting for those you don't post much
949  Economy / Economics / Re: Solution to poverty - Socialism or Capitalism? on: August 14, 2014, 02:25:32 PM
I think Policies of governments and multinational businesses cause poverty. They are keeping people poor. They are giving all facilities and power to only the richest people and multinational companies
I agree that government tends to favor big industries instead of young business, thus preventing free market. It is more politically profitable to do so.

Quote
They have the responsibilities to the poor people
Hell no, the poor should bear the responsibility for themselves, nobody has the responsibility to take them out of misery.
However, currently, government policy prevents them to get themselves out of misery. Only free market can permit them to trade and so, attract wealth.

The definition of wealth is often mistaken to be money.
But it is not, people create wealth every time they exchange real goods without coercion.

At a restaurant you trade money against a good meal. Wealth just got created.
You valued your money less than the meal, and the cook valued the meal less than the money. The sum of the difference of valuation is wealth.
This simple act is enough to get people out of poverty, and any barrier will prevent them to get out.
Throwing money at the problem does not create wealth for the poor.

When there is poverty, we should look no farther than where is the obstacle that prevent people from trading.

People give power and money to the government to protect the weak and get services but the government sells this power and give this money to those that can afford to buy it and help them be re-elected, that is why it would be better not to give them the power and the money in the first place to avoid corruption or at least limit it
950  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: August 14, 2014, 02:23:59 PM
Wish I bought gold rather than bitcoin.

You wouldn't have made any profit with gold either, its price barely moved in the last six months.

9.08% from January 1st 2014, it is a healthy raise!

When the USD collapse and the market understands that the FED is going to keep low interest rates and increase QE, Gold will rise to new highs
951  Economy / Services / Re: [PrimeDice] [Highest Paid Signature] Earn Bitcoins Simply By Posting on: August 14, 2014, 02:22:23 PM
Will the 17th be payment this month again? Just to confirm to fill out the form on that date.

Yes it still is, as you can see in the first post of this thread.

Payment will most likely be 18th, 19th or 20th though but you can request payment on the 17th

GUYS for the last time, on stunnas behalf, STOP posting here in this thread if it is not needed. I'm not in this campaign but I reason with Stunna,  he is wasting a lot to advertise in his own thread =_=

Agreed but can't say it often because that would mean one more a bit pointless post; some don't count posts they write on this thread
952  Other / Off-topic / Re: IF YOU HAD 1,000,000 DOLLARS WHAT WOULD YOU BUY??? on: August 14, 2014, 02:20:15 PM
I would get a Non-Profit and start a Community center

Are you a billionaire or egocentric?

Maybe you want people to like you??
953  Economy / Economics / Re: Inflation and Deflation of Price and Money Supply on: August 14, 2014, 02:19:30 PM
So in a sense, are the deflation and inflation of BTC kind of like stocks?
Since it's effected by current events relating to BTC.
And also it's ran by supply and demand?

The price is linked to future price expectations and supply and demand

Bitcoin is an inflationary currency in the sense that the number of bitcoin is rising : 11m today to 21m in 2140 but the number of users and the wealth it represents is going up faster so the price should appreciate
So if I was to buy btc, would now be the best time?
Since that the price is appreciating right now.

Also 2140 is going to be a really long time from now. Would this investment be worth it?

Do your due diligence and invest if you understand; diversify (geographically, sectorally and by type of asset) to lower your risk

The price seems very low at the moment compared to the potential, the adoption and the superiority of the technology but it can go down more before it goes up which is not a problem if you plan on holding for a few years
954  Other / Off-topic / Re: Do you really earn more money because you went to college? on: August 14, 2014, 02:17:38 PM
People that go to college are in average brighter, harder working, more ambitious and for more affluante families and they are meant to make more money (as a group) than people that don't go to college

If you factor in the cost of going to college will you really make more money because of the diploma you will get?

Support : https://www.youtube.com/watch?v=nbUFBk3477o (few minutes video debating the subject)
Going a college is a reference, but i does not means you cna do everything.
Being a good human speaks more in real life.
One of the most important academic lessons I learned in college was figuring out how to figure out how to do things.  College didn't teach me how to do everything, but it taught me how to go about learning how to do something I don't already know how to do.  That lesson is priceless.

But you could have learned it in high school, at home and it is not worth tens of thousands per year; even if you didn't pay tens of thousands per year it costed tens of thousands per year
955  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: August 13, 2014, 11:52:31 AM
We have that squeeze happening right now believe it or not, 1300 dollars for an ounce is not profitable for some mines to continue.   So we do have declining gold production in the world I think, time that together with South Africa scaling back its spectacular unique source of gold over the decades and gold is not as plentiful as it could be.

It does mean alot as gold already mined is not being circulated enough I think, for example we have Fort Knox reserves just doing nothing there while more money is being produced.  Yet we are to believe the restricted source of gold is to decline as a ratio vs dollars.   The major point I really wanted to make is world GDP or world population even is growing, so to say what we have is enough to satisfy future markets is not correct I think.
If we were referring to food, we'd not accept this as true; its fairly obvious we will need more food for more people in our continually growing world.  That is a consumable good I take your point but it is more easily produced and not a one off event as gold represents or bitcoin claims in its 21m only tagline :p

The baseline is that bitcoin fulfils a growing demand for global currency unrestricted and reliable.  If I didnt believe this was a growth market I'd not be here,   We cannot make do with what we have and printing is a fallacy

Mining is difficult and costly, inflation of the cost of mining has been tremendous; there is a so called recovery and heavy manipulation of the Gold market that push prices lower or to be more precise limit the raise of the price (price has been rising every year expect one in more than a decade and has rise this year even if the investment banks as GS or FED members were predicting the price to go down a lot)
956  Other / Off-topic / Re: IF YOU HAD 1,000,000 DOLLARS WHAT WOULD YOU BUY??? on: August 13, 2014, 11:50:09 AM
1/2 bank, 1/2 btc,

In a bank as cash?
You wouldn't buy anything, pay off your debts or travel? Doubt it!
957  Other / Off-topic / Re: Answer the question above with a question. on: August 13, 2014, 11:49:20 AM
But why did you want us to answer this question with question.

Isn't that the essence of this thread?

is it?

Did you try PD3? (look at signature Wink)
958  Economy / Services / Re: [DiceBitco.in] [Make the most out of your sig!] Make coins by simply posting! on: August 13, 2014, 11:49:00 AM
What's the profit model of dicebitcoin? How does the operator has the money to pay for the campaign?

Most likely he is invested AND he receives 10% of every single divest of profit

Basically he gets 10% of every loss (site profit) directly, like dooglus got.

How got that even the site's profit is in negative?

Other sources then, when the site is up they will earn money.


DiceBitco.in is in profit of 11 Bitcoins.

SITE STATS
   profit:   11.05081820
   invested:   2,935.18040965

At the end Dice site always be on profit because of greed of people and House edge.

Well they are in profit now so they made money, yes that is the point of dicing!

0.3% profit is not huge though

The payments for this sig campaign are nice but you get a bit more than PD with more risks as well
959  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2014, 11:46:50 AM
Dell accepts it, inflation is going up, mal practices in the western finance and heavy government corruption is happening but bitcoin is going down : PANIC BUY
960  Economy / Gambling / Re: Primedice 0% house edge PvP - Looking for opponents thread on: August 13, 2014, 11:45:30 AM
the idea of waiting for next block looks abit turn off as the wait for block might be quite long. Most of us at the moment is just having some quick fun, waiting will spoilt the fun Smiley


This will be optional. When you challenge someone you choose between instant & non instant Smiley
that will be nice if it is optional.. more choices for the gamblers.. LOL

Yeah so if u know that player u are playing against, u just do instant duel, if u want more security u do 100% failproof option. Smiley . I like that idea.

It seems very safe, two questions : PD doesn't earn anything from PVP? Any way to see the biggest PVP matches?
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