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1  Bitcoin / Bitcoin Discussion / Is bitcoin an asset or a currency? on: October 25, 2017, 09:01:08 AM

Seems many people treat bitcoin like an asset given how much it's gone up over the last year or so. But some academics disagree with that assessment. If it is to be treated as a currency, it will need to stabilize to be of use.

https://www.cnbc.com/2017/10/24/nyus-dean-of-valuation-says-bitcoin-is-a-currency.html
2  Alternate cryptocurrencies / Altcoin Discussion / Re: What Happened To The Monkey Capital ICO and Massive Crash On CoEval? on: October 18, 2017, 08:29:17 AM

All bounties are paid now.

Check your wallets.

https://bitcointalk.org/index.php?topic=2010103.msg22403544#msg22403544

For latest info about swap/goldenfleece/news, please visit http://chat.monkey.com

bottom line, was this a scam?
3  Bitcoin / Bitcoin Discussion / Re: So Bitcoin is better than Gold? on: October 17, 2017, 05:41:28 AM

Don't forget long track record of retaining its value, and relatively stable value (advantages gold over the other 2).

So Bitcoin is better than Gold? Roll Eyes
Wake me up when you can transfer $1 billion worth of gold for $2 in ~10 minutes from any to any location of the world. Roll Eyes






4  Other / Beginners & Help / Re: why so many currencies? on: October 17, 2017, 05:39:57 AM

"We" don't. But the people selling the currencies do. Sad


Hi All,
Please help me understand in plain English how will we benefit from so many currencies?
I see so many startups with decentralized blockchain ideas with their own crypto currency.
Today I purchased oatmeal directly from a mill at their website.
This mill sells its products thru grocers and other online stores as well.
They probably gave 3% to the credit card company, which they could reduce by using blockchain.
But if every store and every business starts creating their own currency, then I will have to go thru an exchange to convert BTC or ETH to that coin to make some purchase.
Then we would need miners to process all those transactions in various coins.
Why can't they just use ETH? Just like all IPOs use dollars.
Thanks in advance
5  Economy / Economics / Re: Is Bitcoin a Bubble? on: October 17, 2017, 05:39:06 AM
ICOs, yes. Crypros, yes. Bitcoin? Not necessarily. When the others do crash, Bitcoin is just going to become even more valuable. It has the advantage of being the first and the established one (and specifically less manipulated than Ether over the ICO craze)
6  Other / Archival / Re: 🔥[ANN][ICO][07.09] BeOne - Blockchain revolutionizes education! on: October 08, 2017, 07:00:20 AM
What about those who have participated in bounty program ?
is there anyone who can tell us about this ?

It seems like they took down the list for bounty participation. That's not really cool.
7  Alternate cryptocurrencies / Speculation (Altcoins) / Re: is it better to invest in bitcoin or ethereum ? on: October 08, 2017, 06:56:18 AM
False dichotomy isn't it? Why not invest in a bit of both and hedge your bets?
8  Other / Beginners & Help / Re: Lets recommend books on: October 08, 2017, 06:55:34 AM
Is this only blockchain books? Any available on pdf?
9  Other / Politics & Society / Re: BROKEN:: biggest US government orchestrated shooting in history - 500+ wounded on: October 08, 2017, 06:54:40 AM
Please tell me he's joking. This is not a realistic assessment of the facts.


Breaking news on TV. Mass shooting 57+ dead. Almost as high as automotive crash deaths in a typical day in the US. Las Vegas Nevad. He shot from a hotel room window down to a big crowd at a music festival. They say the shooter shot himself. According to TV, the shooter's home as been searched and the garage door on his home is completely destroyed. What's up with that?

Enough people were killed to get close to the number of vehicle accident deaths in a typical day in the US, which is around 92.

These kinds of things are usually orchestrated by the government. Why? Gun control? Blaming it Islam?

He probably could have used several an RPGs and done more damage. But he used a gun, which is typically what's done to support the gun control agenda when a bomb could have otherwise been used to do more damage.

Sandy Hook turned out out to be a lie. The school wasn't even open and the victims were all fictitious characters. Is it some kind of government test to see what people will believe?

The target was a County Music concert, not some music festival full of extreme left hippies. If the government was involved in making it happen then they wouldn't want to target their own supporters.

Just think of how things like this happen all the time in Iraq and similar places but when we read about it we don't think much of it. Another 70 people killed in a bombing is just another day.

Is it possible that foreign terrorists actually did this but the police found an innocent man to blame it on? It makes perfect sense if you think about it. They went in, killed the terrorists, then they checked a gun ownership database for all people in the building, which is easily obtained from the all cell phones located in the building. Then they found someone who owned guns, went and got him then put him in the terrorist's room and shot him. This would explain why the news is saying he may have checked in under a false name, since he wouldn't have actually been in that room. And it explains why two windows were broken and how so many people died in such a short time. Audio recordings will tell if multiple guns fired at once. The real terrorists were then smuggled out of the building. The raid of the man's home then fixed any descrepencies of evidence needed to be done. I'm almost sure any security camera recordings were confiscated first thing. Now that all that's covered up the cover story can be used for more gun control, and the terrorist act is defeated in the best way possible way. Even if ISIS claims to be behind the attack, if nobody believes them then it doesn't matter.

This post has been edited lots of times.
10  Economy / Economics / Re: In event of your death on: October 08, 2017, 06:45:34 AM
I am wondering what provisions have you all made in case you die before cashing out your bitcoins? I am single, live alone and both my parents are deceased. My siblings dont care about any of this, however I would like my nieces and nephews to get some of my profits but they are still very young right now. I dont trust lawyers to give them my private keys. I am wondering, what can I do?

put everything you've got on a flash drive and leave it in a banks vault? Then leave in the will the password or whatever to the one you think he'd use it the most. That's what I'd do or maybe send keys to some charity and write somewhere on how to use it.

That sounds like a pretty clever remedy.
11  Economy / Economics / Re: [CHART] Bitcoin Inflation vs. Time on: October 02, 2017, 03:09:12 PM
Bitcoin Inflation can't be compared to Inflation from Fiat Currencies.
Comparing this two shows a huge difference, like its the case in this charts.
Fiats don't have Actions against Inflation, where Bitcoin has anti-inflation by design.


what do you mean by it being anti-inflationary by design?
12  Alternate cryptocurrencies / Altcoin Discussion / Re: LATEST: Update on AUTHORSHIP (ATS) on: October 02, 2017, 09:47:46 AM
Ats not pay the bounty reward, every bounty hunters scammed.

This is not really true. I've received my reward just like the friend of mine. Maybe some cheaters didn't receive any indeed. But I'm sure that ATS is not scam.
I'm sure that they are not a scam. Some people just got unlucky even the honest ones. It's sad but it's their choice if they continue to call ATS a scam but it's better to move on to another project in my opinion.
I don't know if they scammed the investors or not but most of the bounty hunters got fucked up including me. I didn't referred anyone under my ref link but still I haven't recieved the 75 ATS. It is clearly a sign of scam or rather I would call this as selective payments. Thank God I haven't referred anyone 😁

Definitely not a good sign. Have you contacted them to ask about it?
13  Other / Politics & Society / Re: Gender equality on: October 02, 2017, 09:44:02 AM
Overall humanity has made incredible strides over the last century. Obviously there's more work to be done and it depends on specific location, but we're definitely trending in the right direction, and I think in many places we'll see it in our lifetime. Gender equality in educational and work opportunities will make the world far more efficient.
14  Economy / Economics / Re: How to teach kids about Bitcoin? on: October 02, 2017, 09:41:37 AM

What age exactly? I wouldn't really try before high school.
15  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: October 01, 2017, 01:05:01 PM
This is a fair enough argument but some goods and services you can only pay for via fiat.  In fact most goods/services can only be paid for by fiat or credit.  Inflation is going to be a thing at all if you are just selling the amount of BTC you need to make a purchase in fiat.  I am guessing you mean exchanging for large amounts of fiat that you wouldn't be using in a few days time.

Exactly. You can't  yet buy everything you need, or even most things, with BTC. So it's simply unrealistic.

Beyond that, you should follow a simple principle: if BTC is selling for more than you think it will be worth in the near future, sell high, and wait for the price to drop.
16  Economy / Currency exchange / Re: Where can I buy 50 Bitcoins below market value? on: October 01, 2017, 01:03:05 PM
They should be sold at market value. Not too much above or below. Why would someone sell below value? Doesn't make any sense.
17  Alternate cryptocurrencies / Altcoin Discussion / Re: Alot of ICOs around, which one is scam free? on: September 28, 2017, 11:59:12 AM

That about sums it up pretty well. Lots of scams out there, of varying degrees. And plenty of ICOs that are not scams, but are just not very likely to ever succeed.

But I think if you look at site and whitepaper, you'll be able to spot the scams pretty quickly, and if you interact with the people running an ICO you should get a good idea of who is qualified to actually see their projects through to success.

this is like betting on stock and shares, but the difference is that there is no regulations and everyone can set up a ICO, not like the companies that have to qualify for a stock market listing.

Were you old enough to witness the Internet booming when it was just launched?

this is like that

crypto currency world, a world with no governors

Freedom at last.

I guess you just need to use your killer skills to see the future and invest wisely and clear minded of what you are riding!
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ICO] The MEMESSENGER: F$CK WORDS USE MEMES on: September 28, 2017, 08:30:36 AM
Well I would have contacted via email or Facebook if your site had links to that. Unfortunately this forum doesn't allow me to post a picture.

Underneath your Roadmap, it reads: "The First ICO round closes in:" and then has a countdown timer. I assume you mean the "second round."
Moreover, at the top of the site where it says the first round happened already, it says "1 Round Riased", should be Round 1 raised"


Your website countdown timer says it's counting down to the first round. But other places on the site you indicate it's the end of the second round. Which is it?

Can you point me to what you are referring to?
19  Economy / Economics / Re: Why is everybody dumping Bitcoin? on: September 28, 2017, 08:26:23 AM


It looks like Japan wants to be the frontrunner in embracing cryptocurrencies:

https://cointelegraph.com/news/japan-considers-launching-j-coin-eliminating-cash-before-tokyo-2020-games

According to an old Wall Street saying, "Financial markets are driven by two powerful emotions, greed and fear." The same applies to Bitcoin, in a highly volatile free market, if you ignore the fundamentals and rely on short-term profits, FUD happens, fear happens, instant reaction is to sell at whatever price. Panic sellers.

Good thing, greed or a better term, hope. A panic seller's loss is another hopeful person's gain who relies on fundamentals and has a broader long-term view.

The Chinese FUD ain't over yet.
I think Japan will be great option among three you mentioned and it is a big relief for them if China did not ban the transfer of money in the form of bitcoins to other countries. I think China should soon remove this ban because this is not going to give them any benefit in the near future.
20  Economy / Economics / Re: Bitcoin successfully defeated China on: September 28, 2017, 08:24:35 AM
I guess you mean it won't be defeated by China? It hasn't quite "defeated China". That will only happen if the government there completely reverses its policies towards bitcoin.
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