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941  Bitcoin / Bitcoin Discussion / Re: #Blocksize Survey on: August 05, 2015, 01:22:17 PM
Of course the devs don't have the final word... many other stakeholders will get to vote on what actually happens, especially in a hard fork where any holder of BTC will get to choose sides. Miners, nodes, wallet providers, investors... all will have their say.

Still, a broad consensus is very desirable as a contested hard fork will cause a great deal of turmoil. A 50-50 Bitcoin civil war would be a horrible scenario, causing volatility and uncertainty for many months or even years.

With a bit of leadership and consensus among developers, it should be much easier to reach a meaningful (90%?) consensus in the Bitcoin community which makes the hard fork as smooth as possible.


There's no civil war scenario, as long as the protocol works is all that matters, people can fight all they want. Maybe it will take a dead end scenario were we are pushed to do something to reach a consensus.
942  Bitcoin / Bitcoin Discussion / Re: Banks were supposed to be frightened of Bitcoin on: August 05, 2015, 12:58:11 PM
They are frightened, the fact they aren't pushing an agenda to completely ban it is the proof. Those using their own blockchains will end up bankrupt anyway since sooner or later people will realize how dumb that is when you got internet (bitcoin) vs intranet (banks blockchains).
943  Bitcoin / Bitcoin Discussion / Re: UK banks' innovation render bitcoin pointless (?) on: August 05, 2015, 12:48:50 PM
This is same shit different from type of scenario. Now they will try to pass this as the next big thing to make people ignore Bitcoin. But don't be fooled, this is the same fiat scam with a centralized system. Bitcoin does things that traditional banking system will never be able to do, thats why it has value.
944  Bitcoin / Bitcoin Discussion / Re: Warren Buffet saids: “Stay Away From Bitcoin” on: August 05, 2015, 12:46:30 PM
Warren Buffet has never gotten anything right when it comes to technology. Im pretty sure the idea of investing in Mastercard and Visa wasnt his and some adviser told him to do so.
945  Bitcoin / Bitcoin Discussion / Re: Tons of dust transactions from address "1mtgox..." what is this? on: August 05, 2015, 12:43:51 PM
This is weird. The transactions keep coming too, for about the same amount. But it looks like the address is paying itself - I'm sure I'm not reading the site correctly, what am I missing? How do we know where the transactions from this 1mtgox address are going?

How did you stumble on this?

I saw this too myself yesterday, it was all over the place in blockchain.info's frontpage due the volume of the constant microtransactions. Seems definitely like an attack.
946  Economy / Service Discussion / Re: Site Advertising on: August 04, 2015, 02:27:44 PM
make a blog.
simple as that.
if you can put out entertaining, attractive, original content,
on a regular basis
you're in business my friend.
if you fail to meet any of the above criteria...
why would i even want to click yr. banner?

youre other option is buy into an ad placement service. like google


How would you do this exactly? I have tried making a blog and ranking it before but it was impossible to do so, too many people making blogs on a daily, the internet is filled with blogs, mine couldn't stand out from all of the shit already out there.
947  Economy / Speculation / Re: What do you expect from the halving in 2016? on: August 04, 2015, 02:21:36 PM
I'm execting to see a build up of price months before the actual halving is going to take place, maybe even a hype in regards to price, and then
when the time of the halving actually comes, i think there's going to be steady dumping, followed by cascade of people cashing in, and in the end, most of
the people that think how the price will go up at the day of halving or so, will loose money. It's typical for bitcoin to make such moves.

cheers

The bubble may burst before or after the halving, but whats' clear is the price will be a lot higher than last ATH, and we'll have a lot of people jumping after the dumping thinking "this is the last chance" and will try to get the newly perceived as cheap BTC. Once we get all those people there a new floor is established, higher than ATH.
948  Economy / Speculation / Re: How much do you think 1 Bitcoin will be worth in 2020? on: August 04, 2015, 02:18:33 PM
It's 5 years ahead, and few halvings ahead as well, so if bitcoin continues to get interes on the scale it has been happening so far, i agree with
the popular opinion (judging by the poll) of >10 000 USD.

Looking at the marketcap of bitcoin today, even tho it seams like a lot of money, it really isn't. The only thing we need is to make bitcoin
a trend umung the younger generation, and the investors will follow, which will then result in another boom expansion in bitcoin related goods and services.

cheers

Today's marketcap is incredibly tiny, I mean it actually triggers a laugh on my every time I look at cryptomarketcap and I see the incredibly tiny amount that 4 billion is. There are so many companies with 4 billion as marketcap that are nothing compared to what BTC has to offer.
949  Economy / Economics / Re: How to save money. on: August 04, 2015, 02:13:22 PM
To save you do not need to remove the leisure of your budget by following the array of primary goods, savings and leisure should not change the order but to save effortlessly but buying a car with saving for me and a done, of course everything depends on the value of the salary.

I was reading a book today where the author talked about how he is 44 now and even though he's rich, he's made a lot of mistakes in his youth and he could have gotten there easily rather than struggling and making himself go through bullshit for no profit. His financial advise was to understand that salary is never enough and one must think beyond that. He also said saving money never works out. Making more money always works out Wink
ow really? making money always works out? Making money and don't have any life goals? if you not save? and you only make money and you spent it on your ways, don't have any insurances or business? do you think its works out?

So indirectly you also claim that people who do not save and just earn money do not have any life goals? LOL, you are a funny guy. Instead of taking offense, take home a new ideology and understand how rich people got richer. You will hear very often that they discovered opportunities, nobody finds a million dollar company by saving a million dollars, mate. Working smart is the best way account for hard work.

This, no one ever got rich by saving money. If you do this all you'll reach is being an old grandpa with a lot of savings. Whats the point in any case? It's all about being wealthy while young not as a guy that's waiting for some sort of heart stroke. Unless you inherited money, the only way to do this is through taking a lot of risks and doing so as smart as possible.
950  Economy / Economics / Re: Can the US win the currency war? on: August 04, 2015, 02:10:03 PM
Yeah USA going to win this one again...

One language for all, one currency for all. The alternative was "Euro" against "USD" but Europeans f**ked it up with Greece crisis. (and spain will be following probably)

And China? China is in another world dude. No one would want to go there. So basically China is worthless to most people.

Euro could never provide a strong fight against dollar, despite of whatever capital strength they possess because it takes social and political capabilities to back a strong currency, not just missiles. Spain is not going to end like Greece anytime soon, they've made the most recovery from their crisis in the whole euro zone circle. Also, China is not worthless, the whole world relies on it for manufacturing their products and provide the cheapest human resources.

That recovery is a bubbled one. It's based on precarious labor, low quality and temporal jobs that pay next to peanuts. The spaniards are holding without riots because they are living off under the table work and off grandparent's welfare. You are deluded if you think its getting any better for them.
951  Economy / Economics / Re: It's happening: Puerto Rico just defaulted for the first time on: August 04, 2015, 02:07:18 PM
Just wait and watch, there will be more members coming to defaulters list.

which will be translated in more opportunity to embrace and increase bitcoin price, hopefully at least oen of those will turn the light off on fiat if not we can get at least a good hype that might make bitcoin stronger

There is not a single country that is ready for BTC and BTC is not ready for any country, the volume would most likely collapse the network. We need to fix the blocksize etc issues before we can think about that.
952  Bitcoin / Bitcoin Discussion / Re: If you had to choose to put 5 BTC into 1 BTC investment, what would that be? on: August 04, 2015, 02:06:02 PM
Florincoin if I was looking for big risk and big reward.

CLAM for "stable" income.

What's stable about some altcoin? Any crypto that isn't Bitcoin is prone to disappear period. I wouldn't call anything else stable. If I had to bet for a solid alt thats XMR. The again im still thinking of ways to make real passive income.
953  Bitcoin / Bitcoin Discussion / Re: Bitcoin: The End of Money as We Know It | Full Movie on: August 04, 2015, 02:04:12 PM
Is this a new movie? Has anyone watched it yet or any reviews? 
What is the production quality like?
Thanks for the link I will have to check it out later.

i watched it the other night.. its definetly as described above.. teaching people all about how money works and how fiat has failed us, and does it in normal conversation form. (no geek speak).

so it wont baffle you with science but is a good intro to economics and bitcoin. even i would be willing to tell noobs i know to watch it. as its not a blatant bitcoin advert. it shows the principles of the whole economy and why bitcoin is a better economic system. without going into any of the profitability stuff.

But the problem is people or at least average joes don't perceive that "fiat has failed on them". As long as people keep their salaries so they can buy bullshit on malls i don't see the necessity of BTC for them. The true potential of BTC is in less obvious ways and in developing countries.
954  Bitcoin / Bitcoin Discussion / Re: NSA KNOWS on: August 04, 2015, 02:01:28 PM
Off-chain transaction or Darkwallet should make it harder for them, ew already know that transaction are tracable with some efforts and they can build system and basically all someone need to know where are you and who are you is your IP address
Darkwallet doesn't properly work, its very early version what's out there. Only if they keep releasing it we'll have any sort of anonimity. BTC right is just not anonymous at all. Maybe CoinJoin helps too but I have no idea how that works yet.
955  Economy / Services / Re: Coinomat.com - Signature Campaign! [STARTED] on: August 03, 2015, 04:06:05 PM
Payment today, still waiting for it. Last week it all went good, all post got counted as it should. Cheers.
956  Economy / Speculation / Re: How much money do i need to start becoming a whale on: August 03, 2015, 10:34:25 AM
probably in the range of early adopters, unless you are willing to manipulate exchange with small volume, if you really want to manipulate some markets it's better to focus your attention on altcoin

they are so tiny that everyone here, can manipulate some of them
Seriously!!!!
I would love to do that.
Can you please tell me the way to manipulate the altcoin market.

Simple, just have at least 1/4 of the total BTC's on the buy order and you'll have a decent % of control to play with and try to influence people into falling for your fake orders and potentially great buy and panic sells. It takes a lot of time and skill tho, few can pull it. I wish I had that kind of BTC but I dont.
957  Economy / Speculation / Re: You all know it's going to crash? on: August 03, 2015, 10:31:41 AM
Trolling.  Trolling never changes.

Truth. Truth never changes.

We are at a very solid 280 price for a while now (now 282) and we are coming from a 220 price not a while ago. How in the hell would 270 be a crash? is now 200 too far for you to predict?

Fail. Fail never changes.
958  Economy / Speculation / Re: $500,000 per Bitcoin, baby. The math behind it. on: August 03, 2015, 10:26:59 AM
http://blogs.wsj.com/digits/2014/04/02/bitcoin-price-to-1-million/
The guy from Xapo predicts 500 to 1 MM. I can definitely wait 10 years for that and be a happy man. I hope he is right, and his prediction is accurate. One doesn't make such predictions unless you aren't 100 convinced that it will happen, because making wrong predictions hurts your business and he has a Bitcoin business.
959  Economy / Economics / Re: Taxing is legalized robbery on: August 03, 2015, 10:21:41 AM
Without taxes, how does the government pay for things such as roads, free healthcare(in some countries) and things such as education

They don't, and that is what we want.


Not really, a poor person depends on those being paid.
You can't think correctly and make decent decision making if your basic need are not meet.
Therefore, only the rich should pay taxes so the poor can save money and actually try to generate wealth and improve their lives. The poor will not magically stop being poor if no one pays taxes, some help is always needed for most. Low-middle class should be tax free, the super rich should pay the taxes because your life is going to be as good with 50 or 100 millions. Someone's life is going to go from bearable to absolute shit if you go from 1200 to 600 euro, so to speak.
960  Economy / Economics / Re: Dodging taxes helps pump bitcoin price? on: August 03, 2015, 10:18:47 AM
how to dodging the taxes?
because i think the tax is very horrible  Tongue

Imagine if there were no taxes paid, how do you think would there be an institituion which takes care of the defense system, build roads for you, clear land for you, schools, hospitals, museums, police, fire department, etc? Everybody keeps thinking of dodging taxes because everybody wants to run away from their responsibilities especially financial ones, but as a citizen in a society, its ones' duty to pay taxes.

Paying taxes is good for the things you say, the problem is when:

1) The money that should go to these guys, goes to the rich elites so they can have their coke fueled orgies in expensive yachts.
2) The guys paying the most tax relative to their wealth are the poor.

You can't blame your average poor guy stuck in lower-middle class at best to try pay as little as possible. Only rich people should be paying taxes, otherwise it's impossible for lower classes to ever get out of poverty.
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