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1  Bitcoin / Bitcoin Discussion / To hell with regulations and government interference on: September 18, 2018, 08:12:56 PM
Hoping I'm not the only one in here feeling this way or I assume S.W.A.T. will be at my door in a few minutes. 

I see most of the forum members in here thinking we need the government to step in to regulate crypto.  I see others flocking to KYC to make sure they get the latest airdrop all the while losing the precious commodity of privacy.  I even see others hoping and praying we get the ETF approval so prices will really skyrocket and we can all get rich.  The ETF is going to steal control away form us and give it to the paper pushers.  Everything the majority of the forum is doing and hoping for is giving the movement away to the same power structure which is screwing us all over. 

We need no regulations.  We need no KYC.  We need no ETF's.  What we need to do is show the world why Bitcoin is better than government FIAT and let Bitcoin take over that way.  We have a real shot at gaining freedom of finances however it seems most are tripping over themselves to give all that away to the government as quickly as possible.

Please consider government interference in crypto for the future generations sake.  They will not have the amazing earning potential we have.  They will just get a shit sandwich of every transaction they make begin on a public ledger.  Perfect tax slaves.  Are we handing our kids over to the system by allowing the governments to just step in like this? 
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Is regulation good or bad? on: September 18, 2018, 08:03:56 PM
In my view, regulation will be good for Crypto industry. As we can now see  that many Govt are looking for ways to regulate the industry.

Regulation will be a good thing in the long run. It will build trust for the industry among the masses thereby resulting in mass adoption. With regulation, people will feel more comfortable and have a sense of security to invest in crypto.

I don't believe that regulation means we have to declare our portfolio. Just as nobody cares to know exactly how much you own in the bank.

Regulation will also help in curbing the possibility of using crypto to launder money and place a check and balance in ICO which will make it very difficult for scam ICOs to operate.

I say regulation will in the end be a good thing for crypto..

What's your view about it?

I prefer to be free and responsible for my security.  I do not expect nor want the government to interfere with my dealing.  I'm very surprised you guys want governments involvement in your life.  You realize these fucks kill people by the millions yearly.  It's a danger to yourself and children to keep these madmen in charge.  The governments are so completely perverted at this point I cannot believe people are crazy enough to go along anymore.  Come on guys think about it.  Freedom is hard.  It's not easy but its better than letting these assholes tell us what to do or how to run the movement.   
3  Other / Meta / Re: One level pyramid scheme to eliminate scammers and help newbies on: September 18, 2018, 03:35:39 PM
What if we keep the current system, and we help non-English speakers to improve their language skills. This will also help them to build their knowledge.

I agree if we could help people learn and tighten up their language skills that would be awesome and very beneficial.  That is more of a long term and on going plan which I think should be done.  The scam eliminator plan is something people could accomplish quickly to prove worth and have some success on the forum.  The benefit to the board would also be immediate which it appears is desperately needed.

4  Other / Meta / One level pyramid scheme to eliminate scammers and help newbies on: September 18, 2018, 03:20:58 PM
I have seen posts here of some of the non-native English speakers talking about how the new rules are hard on them.  I agree somewhat so I started thinking about ways they can contribute without the need of long elaborate posts.  I assume some of our members have different levels of education so I have a soft spot for the guy attempting to climb up the ranks but does not have the required skills or knowledge to contribute at this moment.

What if we have a 2 for 1 system where if a newbie can ferret out a multiple account scammer with screenshots and links with definitive undeniable proof they will receive 1 merit for the work.  We will be losing scammers at a rate of 2 to 1 with this type of merit scheme at worst case.  Worst case we replace 2 scam accounts with a single scam account.  If we get a good guy then the gain is huge as we eliminate 2 scam accounts and gain a valuable forum member.   In addition to this we will be training the next generation of forum members to be on the lookout for scammers.  Also the scammers will no doubt eventually turn on each other.  That's when the fun and satisfaction really happens!  I feel like if we add a few more layers of hell for the scammers they will eventually fade away.  It's barely cost effective to do bounty work at this time anyways.  By the temper tantrums you see you know the new system is hurting them.  I feel like there are more ways to turn the heat up on them while at the same time rewarding newbies coming up the ranks.  This place is brutal on newbies.  Maybe rightful so but we may also be mowing down and stifling potential good guys by accident. 

If the newbie tries a false accusation or does not provide rock hard evidence he gets the boot and gets to start over.

Some key spots where this system could be utilized and effective is patrolling Twitter and Facebook unique post links in the bounty section  You will eliminate massive amounts of people right there as the abuse is rampant and the fraud goes unveiled as they figure no one will click the link.  I will see a run of the exact same tweet done by 10 separate accounts. 





5  Other / Meta / New idea for sub forum under trading on: September 18, 2018, 02:32:41 AM
I see a lot of fear in this forum when the prices sink or there is an event that happens which shakes up the news cycle concerning crypto.  I also see tons of posts with rookie traders getting themselves into trouble and freaking out looking for help.   Most veterans know crypto runs in cycles and simply waiting and being patient when you get yourself in trouble is the recipe for success however, emotional traders and hodlers seem to forget this very basic knowledge when the market sinks.   

I also believe the bankers, corporations and governments are entering the market and eventually will take the entire space over pushing all the little guys like us out of our own game.  Every time they whipsaw the markets little guys get crushed and eventually fall out of the ranks which leaves less of the real enthusiasts around to make sure crypto and all its features including privacy have a fair chance once we go mainstream. 

What if we had a section for people who need a little reassurance and help if they get into trouble.  If some of these more frantic posters had a support group of people in the same position to talk things over with we may be able to help them make the best possible decision and keep them around to help in the battle.  There are even instances where people have killed themselves over a bad trade which I have heard about on this forum.  What if we had a spot specifically for these issues and some could be resolved with a successful story.  I feel like the forum wins and crypto wins if we all support each other in these early and wild days. 

I know we can't play daddy and make decisions for people but it would be cool if we had a place someone could turn to for some quick guidance and recommendations to take some of the sting out of the pain.  It would also be great to see an entire forum full of people in the exact same boat.  That alone would take the sting out and help people get back on track. 
6  Other / Meta / Re: The new merit rules are motivating or frustrating? on: September 17, 2018, 07:22:58 PM
I find it motivating actually.  When the merit system first was released I thought it was a horrible idea and seemed very authoritarian.  All that changed a few days ago when I saw one of the bounties where one guy had at least 50 Twitter entries as the tweets were all mixed versions of each other.  For me that was very frustrating to see and was very demotivating.  I'm thankful for the new rules even though I'm not very successful on the merit front as it will stop some of these assholes from taking up 50 or even more twitter spots. Eventually all the real users will get that single merit and be way ahead of the game.

To the asshole with multiple accounts in the blinked bounty:  Have a great time trying to accumulate 50 merits to keep your scam going.  
To the newbies:  See how this rule can help you as long as you don't wig out and quit.

7  Other / Meta / Re: A New Era - Prevent your Merits Being Stolen by Spammers on: September 17, 2018, 06:25:56 PM
I applaud Theymos for the change, I know Hilarious was pushing for something like this for a long time, glad it has finally been implemented. I dare say that 5 merits would have been better than 1 however as this would have made identifying merit trades and sales a lot easier, but it's a step in the right direction.

Just want to remind everybody that we are likely to see a huge influx of new Newbies spamming the merit Meta section in the hopes of grabbing that elusive single merit. I would hope that before handing out merit to newbies to check their post history to see if they were previously a bounty spammer suddenly posting a "merit worthy" post so they can get back to their spamming ways.

With that in mind, how do you guys think we should best distribute merits to the ones who genuinely deserve it? What should merit sources look out for, and how can we prevent spammers simply going back to their old ways after getting the 1 merit (as they will likely get one eventually).

I would base merit handouts based on if the post changed your point of view on something or introduced you to something brand new that helps your life in some way.  Spammers going to spam.  So if you give out your merit for an post that changes you in some way then it seems like a fair trade.  I would not attempt to predict what the merit receivers next move will be.  Your better of spending that time predicting the market.  Both are about impossible tasks however if you get the prediction right on the market there is a nice payout. 
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum (ETH) is still the long-term investment option number 1 on: September 16, 2018, 10:26:02 PM
The world of crypto and crypto coding has been making strides in recent years. In all projects and encodings, Ethereum remains the most popular investment companion to Bitcoin. It is not surprising that Ethereum has surpassed Litecoin and other coiners since it appeared in the pre-codec market in a very short time.
However, in the past ETH decline and many bad news about ETH constantly appear, the trust of some investors to ETH lost.
You think ETH Is the No. 1 choice of investors?

I believe Ethereum is the #1 choice of investors and at these prices are an absolute steal.  I cannot believe I can purchase Ethereum under $200 it doesn't even make sense compared with the sentiment we all had just 6-8 months prior.  Wild ride. 
9  Alternate cryptocurrencies / Altcoin Discussion / Re: How can the global crisis affect crypto? on: September 16, 2018, 10:23:22 PM
What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.

A global crisis my scare people out of fiat.  If that happens there may be a huge influx into the crypto world.  I would think gold/silver and Bitcoin would be the main recipients of people looking to get safe quickly.  If the governments want us all in crypto this they will probably trigger the crisis themselves. 
10  Alternate cryptocurrencies / Altcoin Discussion / Re: I swapped all my Ethereums for Ethereum Classic, made profit so far on: September 16, 2018, 10:21:41 PM
Hey,

I swapped around 80 ethereums, for 3000 ETC, Right now the 3000 ETC worth 119 Ethereums.

Should I take the 39 ETH profit, or should I wait till ETC will be on Coinbase?

Wow nice play there.  I would have for sure told you not to attempt that one.  Why are you asking us what to do?  It appears you have this under control at the moment.  I would not trust anyone on this board. 
11  Alternate cryptocurrencies / Altcoin Discussion / Re: Worried about Crypto currency future on: September 16, 2018, 10:19:52 PM
What do you thing, where crypto currency is going? Do you think this is end of crypto?
It looks like Bitcoin is finding support down here in the low 6k range.  Hoping the bleeding is done and things start moving up from here.  I'm more worried about the governments taking crypto over and forcing a shitty government run one on us vs the market crashing to nothing. 
12  Bitcoin / Bitcoin Discussion / Re: I sold everything on: September 15, 2018, 01:51:49 PM
Hi there,

first I want to say this (because I think many people that feel bad will read this as well) :

I think it that the price of BTC will go up again.. I cannot be sure, noone can, but it will probably be ok again.

But....I sold everything... My cryptocurrency that is Smiley
The reason is that I can not grasp the reason of the cause behind the value changing so much whenever it happens.

"ooooh now it went up a lot"...
"aaaaah now it went down a lot"

Then you google and google and wonder....WHY? Why did it go up a lot. Why did it go down a lot.
Sometimes you can find out about some guy with influence that said something on a conference on the other side of the World.
Sometimes it is because a site like coinbase made a mistake or introduced something new..

If lots of people buy, it goes up.
If lots of people sell, it goes down.
I understand...

But if I look at the big picture, it is still a mystery Smiley

So..while I still had a little bit of profit I sold everything.

I did not put in my life savings, but still enough to make me feel bad if the bitcoin would go down a lot more.

I also have to think about taxes (I hate doing taxes!). Here in Scandinavia I have to write down everything. All the order numbers, the amounts,,.... I will take me hours of looking up how to do it properly.
And then I have  to pay 30% taxes over the profit because they validate the bitcoin like a lottery here (and I see the resemblance as well!)
I also bought it from websites from other countries and then the amounts are of course in the wrong valuta... .....horrible....  Wink

I wish all of you "bitcoiners" a very happy 2018. May all of you have profits!! (I feel like a ferengi all of a sudden)

And ehh...I probably will be back again. Just like a lottery, it is a bit of a "kick" one can get out of having a profit.

Demesmaeker






It seems like you sold at the perfect time and conserved much of your capital.  Great job.  I'm wondering if your getting back in right about now that the coins appear to be tailing off this downward spiral and getting ready to make a comeback. 
13  Economy / Economics / Re: Why do older people like investing in Gold/Silver? on: September 15, 2018, 01:49:52 PM
I'm not one who would invest in precious metals, but I have noticed that a good amount of the older generations are pretty keen in investing in these metals. They see it as a way to bet against the market, and a security that will always be safe -- even in the times of a market downturn/country failure as a whole.

I personally wouldn't even want to buy these metals in those events, as I don't see the reason to. I'd rather invest in securities that go up when the market shits itself (Payroll lending companies and so on and so forth)

Does anyone here know the reason behind people loving precious metals?

The older generation is not going to trust digits in a computer.  They want something real they can touch and feel and bury in their yard.  Remember once the government knows who you are and what your wallet address is (KYC) they can simply turn off your funds.  All that is necessary is to label you a pedophile (this is their favorite move) and the people will cheer that your funds were seized.
14  Economy / Economics / Re: Technology improves we work more. on: September 15, 2018, 01:47:56 PM
The goal of technology was for everyone to have easier lives and work less. Well todays generations have it much tougher.  They are working for much lower wages and longer hours.  Its next to impossible for millenials to purchase a house on their own.  Something here itsn't right, Capitalism?

It's because your a slave.  It's meant to be live this.  The slave master figured out a while back you don't need to beat and chain the slave.  Just dangle fancy objects in front of them and we will enslave ourselves to get shit we don't need.  Simply stop buying shit, work and pull yourself out of the slavery.  Or just call me a crazy person who is paranoid and enjoy your slavery. 
15  Economy / Economics / Re: Bitcoin business success on: September 15, 2018, 01:45:46 PM
I;m interested, since bitcoin isn't that much widespread yet, how are businesses (that are directed towards bitcoin only) doing? Is it paying off or is there some serious profit involved?

I use online merchants who accept crypto over all other merchants.  I spend about $500 per month on hosting services and it's all paid for with Bitcoin and Ethereum.  I love using it and it's way safer than putting my cc number into the computer. 
16  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What happens to market ? on: September 10, 2018, 07:11:29 PM
Market is getting down not only #Bitcoin but also Ethereum, Dashcoin and others. What is your idea about market?

How long time will this take to survive ?

At this point we all got a shit sandwich and we need to take a bite.  We have to hold down here.  The time for selling was long ago.  The only  thing to do now is learn from the mistake and try to play things better on the next cycle.  This market continuously cycles.  I missed the last cycle because I tried to hide in Bitcoin because I didn't trust Tether. 
17  Alternate cryptocurrencies / Altcoin Discussion / Re: SEPTEMBER. on: September 10, 2018, 07:10:06 PM
bermonths do you think this is the beginning of increasing market value?

so I said because I want to invest now! I will make sure that my investment is growing.
Please give me advice so I will not lose money.

I think everyone will be waiting on the September 30th ETF decision.  I think October will be the month to tell us how the rest of 2018 will go.  Bitcoin can fly from ridiculous lows to incredible highs almost instantly.  It can also crash and burn with swiftness.  I believe it all comes down to the 30th. 
18  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH, road down to $50? on: September 10, 2018, 07:08:44 PM
I can't believe this post is even relevant but unfortunately this guy is looking like some sort of Swami.  I don't know how the hell anyone could have made this call without inside knowledge.  This entire market feels like it is under complete control. 
19  Alternate cryptocurrencies / Altcoin Discussion / Re: what to do when the market is weakening now on: September 10, 2018, 07:06:57 PM
I guess you need to now start deciding what the September 30th ETF decision is going to bring.  If they deny it will things really start to fall apart or will it be buy the bad news due to being so low.  At this point it's anyone guess.  I'm holding.  To hell with the manipulators. 
20  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Mew safe now?? on: September 09, 2018, 08:29:08 PM
Huh damnit i wanted to sell my vibe tokens, but to afraid to log in...  Angry

How can i know if its safe. Can a page be exactly the same as a phising site? I bookmarked it  half a year ago. Can a bookmarked site allways be trusted or what?

myetherwallet.com gets the worst wrap ever.  Everyone blames them as being non secure when they type in the wrong URL.  WTF people.  You can't blame them when you don't get the address correct.  Another classic is calling this hacking.  It's no hacking just careless people making big mistakes. 
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