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1  Alternate cryptocurrencies / Altcoin Discussion / Re: How to solve the ICO and shitcoins madness? on: July 06, 2017, 06:46:14 PM
I'd put the number closer to 80% will die off....
2  Other / Off-topic / Re: inrovert voting. on: July 06, 2017, 05:21:03 PM
Yes I am an introvert (98% of the time). 

I moved out of my small Midwest town (population 2900) to Phoenix.  It gets old when everyone needs to know everyone else's business, the political correctness BS drives you nuts.  I go back every 2 years to visit and nothing changes.  It's like going back in time.  Try to explain cryptocurrency to them and they look at you like you have 2 heads. 

This happens everywhere where people can literally just suck the energy right out of you.  Maybe I'm just nutso...  lol
3  Economy / Economics / Re: You should never trust banks on: July 06, 2017, 12:05:02 AM
If you are not getting any decent returns on interest, why keep excess funds in the bank??? 
4  Economy / Speculation / Re: Japan ends 8% consumption tax on bitcoin Today on: July 05, 2017, 09:19:45 PM
Japan officially removes taxes from purchase and sale of Bitcoin
1:05 PM
bitcoin, cryptocurrencies, currency, japan, medium of exchange, money, taxes
No Comments
On July 1, a new law went into effect which removes all taxation from the buying and selling of Bitcoin in the nation of Japan.  And with their already having recognized the cryptocurrency as a viable medium of exchange within their monetary system, the world's third largest economy has moved another step closer to recognizing Bitcoin as a legitimate currency.


Japan’s tax reform bill which officially eliminated consumption tax on the sale of Bitcoin came into effect on July 1. Bitcoin trading activities are expected to rise in Japan following the activation of the bill.
In a report entitled “Japan: Inbound Tax Alert, 2017 Tax Reform Proposals,” Deloitte previously revealed that virtual currencies including Bitcoin were set to be exempt from the eight percent consumption tax in Japan.
Deloitte’s report read:
“The supply of virtual currency will be exempt from Japanese Consumption Tax (“JCT”). Currently, virtual currencies such as Bitcoin do not fall under the category of exempt sales, and as a result, the sale of virtual currencies in Japan have been treated as taxable for JCT purposes. Following the enactment of the amended Fund Settlement Law in May 2016, which newly defined “virtual currency” as a means of settlement, the sale of virtual currency as defined under the new Fund Settlement Law will be exempt from JCT. This change will apply to sales/purchase transactions performed in Japan on or after 1 July 2017.” - Coin Telegraph

http://www.thedailyeconomist.com/2017/07/japanese-officially-removes-taxes-from.html
5  Other / Off-topic / Re: What comes to your mind when you think of Japan? on: July 05, 2017, 01:48:55 PM
Debt!!!  Public debt to GDP ratio: 243.22%, External debt to GDP ratio: 186.33%.  How does a country get out of that???

http://www.usdebtclock.org/world-debt-clock.html
6  Other / Off-topic / Re: Will you accept bitcoin as your salary? on: July 05, 2017, 05:30:30 AM
I would love to accept my paycheck in Bitcoin!!!
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★LEVIARCOIN★ DRM and In-app Purchases Crowdsale [~2 WKS LEFT] on: July 05, 2017, 02:29:51 AM
Super excited!  Already participated and will support!!! 

Kaiser72 code for 100 XLC is: 5A3EAA2EBD

Thank you!!!

8  Alternate cryptocurrencies / Speculation (Altcoins) / Re: When will ico bubble burst? on: July 05, 2017, 02:03:22 AM
I think it will depend on when "NEW" money quits entering the cryptos.  The petro-dollar is on it's last leg.  Where will people run to?  Gold, Silver and Crypto.  I like watching https://coinmarketcap.com/ at the very top when you see $100,000,000,000 Market Cap.  Money comes in and people take profits.  If that dips below $75,000,000,000 I'm out...  I think it will be a while, the show is just getting started.
9  Economy / Economics / Re: A Chronology of Panics, Manias, Crashes and Collapses on: July 05, 2017, 01:41:39 AM
Great article, thank you for sharing.  They teach us history so we will not repeat it.  However, it seems we are not taught actual history but  a distorted history.  The victor gets to tell the tale.
10  Other / Politics & Society / Re: Vaccinated vs. Unvaccinated: Guess who is Sicker? on: July 05, 2017, 01:31:30 AM
Great article, thank you for sharing!!!
11  Other / Off-topic / Re: Scientific proof that God exists? on: July 05, 2017, 01:24:15 AM
I really doubt there is any scientific proof to describe god existence.

Who need proofs about unicorn or flying spaghetti monster?

So true.
That's why its called a religion. That's why there are many religions. That's why there was mythology.
It's just a matter of believing, not proof-concept of existence.

This is perfect!!!
12  Economy / Economics / Re: Bitcoin or gold? on: July 05, 2017, 12:32:31 AM
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

Bitcoin for 10 years.  Had you said 20 years I'd choose gold.
13  Other / Politics & Society / Re: What do you think about terrorism?..I mean, will it ever end? on: July 05, 2017, 12:17:11 AM
I am a citizen of the Philippines, specifically in Mindanao group of island. This Maute Group(an alleged ally of ISIS) is terrorizing one of the city here in Mindanao and just started a war against the Philippine Army. Now, If these group will be successful, we would be like Syria. I wanna hear your opinions about these guys. thanks.

It's funny how all this started after President Durte put an end to the illegal gun sales, threatened to close all U.S. military bases, and shut down the central bank.  He never requested the U.S. Special Forces, they just showed up.  I don't think that is a good thing.  
I sincerely wish you well.
14  Economy / Economics / Re: Tell me your predictions about Bitcoin on: July 04, 2017, 11:18:41 PM
I can see governments using Bitcoin for international commerce.  This whole fiat, unlimited printing press business will be dying soon...
15  Economy / Goods / Re: Buying silver @ spot for BTC or LTC - PM ME on: July 04, 2017, 11:12:33 PM
I wish they would quit SLAMMING the silver price.  Its hard to decide spending money on silver or cryptos....
16  Alternate cryptocurrencies / Altcoin Discussion / Re: Why do people start up new cryptocurrencies? on: July 04, 2017, 10:58:30 PM
There is a newness to the old stuffy norm.  There can be many rewards as well as some setbacks.  All I know is I am excited to take part in some of these adventures from my mom's basement...  Grin
17  Other / Off-topic / Re: Electric cigarette yes/no/maybe? on: July 04, 2017, 10:47:27 PM
It's good to hear so many success stories!!!!  How does one kick the E-cig habit?
18  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which alt coin will gain most value in 2017? on: July 04, 2017, 10:01:59 PM
veritaseum would be a great one to add....
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