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1  Economy / Economics / Re: IT'S OFFICIAL: Paypal/eBay ACCEPTING Bitcoin! on: September 13, 2014, 12:46:46 PM
This news was so huge and viral that now it's just old and the traders aren't affected by it anymore.

You know, I heard Tiger Direct was accepting bitcoins too but when I checked out the other day I did not see the option to pay with BTC. Could it be they just accept it so they can get the business of crypto miners and don't really want to in general?

If they are paying to exchange it immediately, that probably sucks the profit out of it. I never really realized how high the fees were at Coinbase until I purchased a significant amount. Must they butt rape us so?
2  Economy / Economics / Re: The best way to invest Bitcoin? on: September 09, 2014, 07:30:23 PM
Invest in a casiṇ (Not dicebitco.in) can be a good choice.

Or, buy an automatic trader, program it and then earn  Smiley

I'd like to try an automatic trader, but wouldn't know how to program it. P.M. me if you have any resources where I can learn enough to earn  Wink
3  Economy / Economics / Re: Solution to poverty - Socialism or Capitalism? on: September 09, 2014, 06:40:13 PM
Work is the solution of poverty

Yeah have fun working when automation has replaced most jobs you genius.

And where it didn't you now have rich people paying for work. Like picking up wine grapes for fun...

So you are saying that getting an education and designing automation won't even be a job? What will we do? Sit and play x-box? I think automation frees up labor to do other things. I can't see the future but progress is either good or you can go find a cave.
4  Economy / Economics / Re: Solution to poverty - Socialism or Capitalism? on: September 09, 2014, 06:12:38 PM
Work is the solution of poverty

Then government should provide work for all of us..

They can do that.... put you in a uniform and hand you a rifle.

Some people in the amazon have relatively nothing and are happy. We (USA) have one of everything but we want two.

The best indicator of who will rise from poverty is hard work, and determination. I'm not rich, but I'm not in poverty.... but if I wasn't so lazy, I'd have a lot more :-)

5  Other / Beginners & Help / Re: Newbie All-Day - Ask All Your Bitcoin Questions Here! on: September 09, 2014, 11:45:40 AM
Thank you for answering my earlier questions. One thing that struck me in an earlier post (and having listened to podcasts), was the fact that some other alt-coins ride the block-chain. I assume by using it, they enlarge it, making it harder to d/l and store. Isn't this a "tragedy of the commons" scenario?
.....cut for brevity......
While services that attempt to build on top of the blockchain may add a few more transaction to a block, they also increase the utility and therefore the value of bitcoin. Furthermore, to get those transactions confirmed quickly they need to pay transaction fees in bitcoins.  This adds to the bitcoin economy and increases the revenue for the miners.

Thanks,
 I can now see how it probably won't get out of hand. I just bought a couple BTC for offline storage and this makes me feel better about the future.
6  Other / Beginners & Help / Re: Newbie All-Day - Ask All Your Bitcoin Questions Here! on: September 09, 2014, 10:51:11 AM
Thank you for answering my earlier questions. One thing that struck me in an earlier post (and having listened to podcasts), was the fact that some other alt-coins ride the block-chain. I assume by using it, they enlarge it, making it harder to d/l and store. Isn't this a "tragedy of the commons" scenario?
7  Other / Beginners & Help / Re: Newbie All-Day - on: September 09, 2014, 02:24:06 AM
First I am not completely new but by the time I got into bitcoin, I was under the impression that mining is too difficult to be profitable unless you have asics or a server farm.. Is this correct? I mean you have to be the "winner" or in a pool to receive bitcoin, right? Do all miners receive transaction fees, and is it worth it just for that if you try to cpu mine with one pc? I doubt I could make anything with trying to out mine anyone.

I'm afraid I don't fully understand transaction fees (I know they would be small but not sure how they are earned).
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