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1481  Other / Politics & Society / Re: Why isn't public transport free? on: March 30, 2017, 12:56:19 PM
Obviously because there is a big cost(maintenance, wages of employees) which cannot be undertaken from many governments as a social provision. However in some countries like as in my country for some social groups such as pupils, students, unemployed, large families, the elderly, etc. the law gives them the right to pay a reduced ticket which 50% of the regular one.

There is also the assumption that most citizens will have vehicles, and choose the most efficient method of transport (time wise) because of convenience. No one with a car, is gonna wake up 4 hours early to catch 3 bus exchanges to get to work. Otherwise, there would be more people than seats on public transportation, and both the amount of transport, and the cost of transport would have to be raised to keep it together.  Public transportation serves a very specific function; providing transportation to social groups which typically don't possess vehicles (students, elderly, the working poor).
1482  Other / Politics & Society / Re: Is taxation theft? on: March 30, 2017, 12:49:17 PM
Trying to understand this a bit better, so you're disagreeing because (1) felons don't get to vote and (2) have to pay taxes. Therefore taxation is theft for everyone?

(1) I don't want the felons to vote. Those who commit violent offenses such as rape and murder should be barred from taking part in any democratic exercise. Else there is a risk that they will elect someone who will help them to commit crimes.

(2) IMO, everyone should pay taxes. It is not the responsibility of a small part of the population to fund the government.

What is the purpose of serving time, if you are to be punished to the end of your days anyway? Seems like the debt to society can never be repaid under this scheme.

It's seems as though you are saying people are unable to change themselves.

What exactly would a pro crime candidate look like? ' I'm soft of crime, big on criminal rights'. Maybe the problem isn't the felons, maybe we should focus on these Lex Luthor style politicians you speak of Wink

And  I agree everyone should pay taxes, that can. Just like I believe everyone should be able to vote. Solves that problem real quickly and elegantly.
1483  Other / Politics & Society / Re: Trump's Job Approval Rating on: March 30, 2017, 03:02:04 AM
http://www.gallup.com/poll/201617/gallup-daily-trump-job-approval.aspx

35%... that's super low

How low?  Only 5 presidents have had a lower approval rating at *any point during their presidency* (Nixon, Carter, Truman, Bush Sr, Bush Jr)

1/4 of his own party doesn't approve of the job he has been doing

Vladimir Putin has an approval rating of 80%... Putin's *lowest* rating was 60% (nearly double Trump's current approval rating)

The approval ratings doesnt show the totality of the population it is just a mere random sampling from different sectors of the society. The survey could also be biased and was manipulated by the poll host who are being influenced also by the Clintons party. They are really doing their job to destroy the president of America, instead of criticizing him just help him to make good laws for the sake of America.

But yet with all the criticism, he is still having issues making said 'good laws'.

You would think with this much feedback, negative or no, he'd have that shit in the bag right now, am I right? And the purpose of a survey is to be random, that way, the results of the survey won't be subject to bias. Although the election polling was wildly inaccurate, I wouldn't throw all political polling out of the window, just yet.

It would almost suggest that Trumps win was a statistical anomaly..
1484  Economy / Economics / Re: Is USD being used for illegal activities? on: March 30, 2017, 02:57:16 AM
The dollar is used for criminal activities because the dollar is an internationnal currency wich everyone use to sell/Trade ect internationnally. So yep the dollar is part of this crimminal activity, but it's surely not the only one.... and can't be blamed for this either...
Once asked the question, what will be done with bitcoin, if there will be substitutions in criminal activity. So if the dollar is fine, then bitcoin will not suffer. But only the dollar is controlled at full capacity and there is no bitcoin.

The dollar is used for international criminal activity because it is lightweight, non metallic, fits in small places, and is accepted almost everywhere in the world. Fiat, no matter where it comes from, will always be the ultimate choice of criminals world over. Cash tells no tales, and there is no blockchain to stand evident. Once it's done, it's done.


The dollar. It's everywhere you want to be.™
1485  Economy / Economics / Re: Will you invest in a MLM scam in early stage? on: March 30, 2017, 02:51:51 AM
Anyone who puts money in is supporting the scheme and all of the returns that they get will be dirty money from naive later investors, often people who were referred into the scam.

I've seen a few different stripes of MLM scheme. Some actually generate value, like the ones that sell the offbrand products, or privately made products. If you can generate customers, you can actually make value in the system (not just extract it from others in the system). But for the ones that are  thinly veiled Ponzi schemes; yes, this is blood money.
1486  Economy / Economics / Re: Can we Manipulate Bitcoin price? on: March 30, 2017, 02:45:37 AM
Every transaction moves the price but only the heavy hitters move it to any noticeable amount.

Exactly, big whales does and capable to make the price move like if they sale they hold coins for sure the value will gonna crashed down and so if they purchased and buy coins the value will rises again. We hope big whales continue to hold theirs and buy more.
if the user is increasing over time and bitcoin users have been very large then the great whales would be very difficult to make price changes even each of them to do something
As time passes and more people get into bitcoin then it becomes harder for the whales to manipulate the price as easily but at this moment there is no denying they still hold a tight grip on bitcoin since they still hold lots of coins.

It is still possible to manipulate the price on smaller exchanges, but it isn't as useful as the volume on said exchanges is dreadful.  But you are right,  the market has too many participants to manipulate in a meaningful way. Even a  multi actor attempt could be foiled; at extreme, crippling expense.

Not worth it.
1487  Economy / Economics / Re: The best time to invest. on: March 30, 2017, 02:42:02 AM
Best time to invest is now, grab the popcorn n wait. It takes money to make money & if you cant come to terms with a potential loss then investments aren't for the particular individual. You gotta chalk it up to the game.

If said investment is bitcoin, you may want to wait it out and see a bit. We just had a big dip; until the fork/BU shit is sorted out,  it may be a little bumpy. But, the time is nigh, at least. I just hope we don't see a huge reversal because of all these 'shenanigans'.

Evil 'shenanigans'.
1488  Economy / Economics / Re: Is the SEC straight fucking with us now? on: March 30, 2017, 02:37:28 AM
Why are they taking SO long to take a god damn decision? Why can't these old fucks hurry up and tell us what's up? It's friday night, I don't feel like siting on my computer for the rest of the day, just give us a god damn verdict you pricks, and you better approve or else you'll look like retards eventually by not accepting this post-bitcoin reality. You can't stop it.
I don't think that Sec is fucking with us, maybe they've been thinking a lot of things of where and how they're gonna get a benefit of bitcoin once they approve it, are they able to make bitcoin centralize? Something like that. But that's not what happen, instead bitcoin proved only that it can't be control even the government of each country, nor other private sectors.

On the mark. It's out of the bag already, since they can't do too much to regulate at this point, adoption for them doesn't really offer any advantages. But, the hesitant hand with definitive regulation does alot to keep the price in check Wink when the right people get a chance to position into bitcoin like they want to (and when regulations address how corporate entitities can hold/speculate with cryptos), you will see a slew of regulation, and institutional investor interest.
1489  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: March 30, 2017, 02:32:45 AM
No, the fluctuation of bitcoin is the biggest attraction for all investors, traders and bitcoin enthusiast. Put that away and majority will get out and lose interest on bitcoin. The idea of its price that could go up to more than $10,000  is why people believe and hold onto it.

I agree that because of bitcoin's unstable price it is the one that attracts more new investors to come. And not just the possibility of bitcoin's price to pump up to $10k is what the people are believing but the price of it that can possibly go up higher than that is makes it more reliable and good to invest and makes it more popular.

Exactly. The volatility is the sole reason why a lot of people trade bitcoin. There is money in the downs as well as the UPS, there is money every time the price moves, if you are positioned correctly. And while some hold for the long term, exchange volume suggests that most bitcoin holders are more interested in trading, rather than holding.
1490  Other / Politics & Society / Re: Trump's Job Approval Rating on: March 30, 2017, 02:26:23 AM
After he mocked that disabled reporter, how was that not the end of the man's political career? Still baffles me.

His rhetoric really appealed to a certain subset of America. We had Evangelicals voting for a guy that said  'Two Corinthians'. We had rural guys voting for him when he promised EPA/ forestry/ wildlife and fishing funding cuts. We even had the working poor voting for a guy that promised a full instant repeal of ObamaCare (because that would have gone smoothly, non matter how it went down). He promised to return them to a time when things were better, seemingly, but it's like no one Sat down and agreed on exactly what that time was.

He said 'grab em by the pussy'. Lincoln spun briskly in his grave.  But yet, despite the decidedly unorthodox behavior, he made it.

Says alot about where we are now, as Americans.
1491  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin overcome Paypal? on: March 30, 2017, 02:16:20 AM
Right now both are rendering service standing on different platforms. Now bitcoin has been gaining strength with its currency form, where PayPal serves only as an payment gateway. Only time decides based on the interest of people towards development.
Since crypto currency is competing foreign currency, expect that bitcoin could beat paypal. Ad bitcoin be supported by government, its market would spread rapidly making it be legalized and formally introduced to the market where in it can beat paypal in this case.
Yeah ? The problem you are making is paypal is not a currency !!

Oh, PayPal is definitely a currency at this point. And pretty well accepted too. I've seen PayPal integration on every shopping cart I use online, at select fast food restaurants, some gas pumps. It's even an option at CoinStar.

And they are a bank as well. At least, they act like a bank, holding funds from consumers for non AML/KYC reasons.
1492  Bitcoin / Bitcoin Discussion / Re: Miner cartel, Bankster cartel, or an altcoin? Your choice? on: March 30, 2017, 02:07:56 AM
Clarification of my stance on Ethereum:


That is why we can kick ass versus Bitcoin in terms of onboarding, because we can offer dozens of apps which interest users in different ways and then the buzz will spread that all these apps are based on the BitNet: a new form of Internet that even powers mobile apps. We're building a new high-level, decentralized protocol for the Internet.

Hollywool-over-their-eyes (aka Hollywhores) is making a movie about us, but note the projector slide in the background is an Ethereum roadmap; which exemplifies that the whales behind ETH are very well connected with the mafia media aka USG.MIT.

The DAO attacker is a Bitcoin $billionaire and he (and @r0ach) claim that Ethereum is backed by an R3 consortium of banksters who also have connections with the USA govt DEEP STATE and the DEEP STATE's academic institutions such as MIT, Cornell, etc..

My stance on this is that it appears to be true that Ethereum's backers are able to pull strings at the United Nations, and mass media. I am not invested in Ethereum long-term. I don't believe in it as a long-term viable project. I invested as a diversification, in case that corrupt group that backs Ethereum is able to succeed.

I believe TPTB in our world planted Bitcoin as Nash Ideal Money virus to help bring about their NWO with a world central bank. I think they also helped created Ethereum through one of the factions of their network of control, for several reasons:

1. To provide a playground for the fools so they can separate them from their money.
2. To stress test challenges to Bitcoin.
3. To stress test other sub-blockchains or networks that could be master controlled by settlement to the Bitcoin chain in the future.

My view is that both Bitcoin and Ethereum are corrupt shit. And I intend to challenge those. But until I do, I am diversified currently with some holdings of both BTC and ETH (in addition to some minor holdings of a couple other very speculative altcoins).

That doesn't necessarily mean that Vitalik or Gmaxwell are corrupt. I really don't know those guys well. Those devs aren't the whales who are controlling those blockchains.

Conjecture on what lies ahead:

I don't know what happens now. Perhaps fireworks. MPeX promised to wreck havoc if ever miners attempt to create 20 MB blocks. I don't know if he still thinks he can keep that threat.

If you have any evidence that MP is anything but a bloviating paper tiger, I'd be interested to see it.

MP tends to pop up from time to time, promising to annihilate anyone who does X. Then X occurs, and no ill effects are unleashed upon the perpetrator of X.

So which is the lie? Is the claim if heartlessness and irregard for 'lesser humans' a lie? Or is the claim of power a lie?

He was the $150 million DAO hacker. He is the central public spokesman of the The Most Serene Republic (TMSR). He had or has a million+ bitcoins ($1+ billion) and he sold 250,000 of them after Aug 2016. He claims he ended Hillary Clinton's election on July 16, 2016 when a hack reveal she intended to attack the TMSR. These and more James Bond intrigue are documented upthread.

Is MP the foul-mouthed, sperm whale, Socrates version of 007?  Undecided



Quote from: anonymous
I don't believe that. Usually the simplest explanation is also corect. Now, i believe that these institutions / corporations may try to influence EF to steer the project to fit their own needs, but that's all.

That's also a possibility, but ICOs are very easy to manipulate, you just buy your token from yourself with borrowed BTC (then pay back the BTC to the lender) so you own most the tokens at $0 cost.

Quote from: anonymous
The same about bitcoin, yes a power war is the likely scenario. But you're probably overestimating them. It is not likely for any of these sides to risk their wealth to win this war, aka to go into a fork war and dump & buy the other chain. Too risky. The common thing that links everyone in this space is arguably greed. Nobody will risk wealth out of principles.

That is @dinofelis' stance and I have been leaning towards it lately as I have stated publicly.

This is why I think ETH and Ripple have it long term. Eth has the blessing of the banks, something bitcoin doesn't have, and largely the reason why it hasn't gone mainstream this whole time. All the major players are backing ETH, Microsoft, R3, and a lot of the bitcoin ecosphere (Coinbase for example, they are enthusiastic about ETH). I love bitcoin like the rest of us, but I'm putting my money on the mechanical horse.

The ETH camp is laughing its ass off right now Wink
1493  Other / Politics & Society / Re: Trump's Job Approval Rating on: March 30, 2017, 01:50:32 AM
http://www.gallup.com/poll/201617/gallup-daily-trump-job-approval.aspx

35%... that's super low

How low?  Only 5 presidents have had a lower approval rating at *any point during their presidency* (Nixon, Carter, Truman, Bush Sr, Bush Jr)

1/4 of his own party doesn't approve of the job he has been doing

Vladimir Putin has an approval rating of 80%... Putin's *lowest* rating was 60% (nearly double Trump's current approval rating)

And all in the first 100 days. It took a possible impeachment, serious bi partisan divide over multiple terms, and a questionable second term reelection to reach these lows. Our boy Trump is doing it all on his ample charm. It's bigger than his hands.

Bigly. Super bigly.

And, in Trumps defense, all the Russian media outlets with a voice are state controlled
 He (Putin) can't help but have a decent approval rating, he sets it himself.

And let's see what happens with the tax reform he promised. Wall Street popped a gasket  (and record highs) on the belief that profits would be up due to deregulation and tax reduction. We will literally go into a global recession if the tax reform isn't delivered. Too much shit going on (Brexit).
1494  Other / Politics & Society / Re: What do you think to the president of the Philippines? on: March 30, 2017, 01:28:33 AM
Duterte is currently leading the time poll. http://time.com/4707432/2017-time-100-poll-results/

The lead will change, as time progresses. And last time, it was the Indian Prime Minister Narendra Modi, who won the polls. Donald Trump came second. It is not surprising. All these leaders (Duterte, Putin, Modi, Trump.etc) have been vilified by the mainstream media, and this has provoked a backlash from the normal people.

Duterte= is killing citizens to fulfill campaign promise (crackdown on drugs)

Modi= is starving citizens to fulfill campaign promise (crackdown on black money)

Trump= is dividing citizens to fulfill campaign promises (crackdown of immigration)

Putin= Putin.

See a pattern? These seem like leaders obsessed with their own rhetoric, at the detriment of the citizens.
1495  Other / Politics & Society / Re: Is taxation theft? on: March 30, 2017, 01:21:53 AM
Since robbery is a crime, regardless of whether it is practiced by citizens or whether by governments, the fact is that I see few people who know how to give a correct justification for this statement. This is partly due to the easy intuition generated by it, because anyone knows that if a person does not pay taxes and resist the intimidation of the state, they will be kidnapped by the government.

It's possible to live without paying taxes. Income taxes, at least. You can't get around sales tax for the most part. Anyway, you will need to own your house or have really, really low rent. You will need to have an income below the threshold for income tax reporting, which is meager, but livable if you have a superior housing situation. But the most important thing you will need, is to produce your own food. You won't be able to avoid paying for certain things, like fuel, power, and healthcare.

But, it really is possible to live without paying taxes. You just, basically, can't make wages. On paper, at least Wink
1496  Bitcoin / Bitcoin Discussion / Re: Do you want hardfork? on: March 30, 2017, 01:16:55 AM
Easy question for everyone.
Do you want hard fork?

Personally I dont want any hard forks. Bitcoin is Bitcoin and it should be like this. I don`t want any changes. Growing fee is ok for me because it is still so cheap if you think about how big amounts of money you can send. For sure I don`t want any BU. It is stupid. People don`t know what to do now. We should finish this negotiate and leave it as it is.

The only possible change can be to connect with SegWit and everyone will be happy Wink
No. Since there is bitcoin, separtion shouldn't be. Let's just focus on one currency at a time and make it wider. However, no matter on what we say, it is still upon them if they will continue it or not. Let's just believe in bitcoin and sure thing, it would pump again.

Trust me, no one wants a hardfork. Some may want it ideologically, like the ETH/ETC split. But when it's actually implemented, the growing pains/price fluctuations make it a pain in the ass.

But it seems like the issue will be forced.
1497  Economy / Economics / Re: Spending Bitcoins on: March 30, 2017, 12:51:51 AM
I am here also in forum to earn free bitcoins and I get it monthly to have extra money for my needs and wants. I put some of them on my savings, for paying bills and others. So I don't keep much of coins in an online wallet I just wait until the price get higher before I sell them.
I also did the same thing as you. but if bitcoin is more popular, more widely used, more and more accepted, certainly I and many other users will be more frequent spending


Yes it will be a different thing that we are going to think if its widely used. We might be keeping more and more instead of just spending it.
Spending bitcoin will make a big impact also for it will circulate from person to person but as who knows how valuable it could be will not be consumers but instead keepers or holders.

People who have invested huge amount in bitcoins will never prefer to spend them as its an investment for them so if they spend then they will miss an opportunity of making profits in future when price goes higher and at this stage they will prefer to simply hold them.
This applies only to the large holders of bitcoins who have other plans for bitcoin and at the same time have other financial incomes at the expense of which they live. But I think that ordinary users bitcoin, earn bitcoin to spend.

Absolutely. Bitcoin is money. Unless you have megabucks, or multiple streams of income, the Bitcoin will be spent, like money usually is. But, if you can manage to keep your saving in bitcoin, you would generally experience a positive interest rate, over a given year (it really matters what years though; had you caught the slide down from 1000 after Gox, it wouldn't be pretty).
1498  Economy / Economics / Re: If you were in desperate need for money.... on: March 30, 2017, 12:48:09 AM
If I am short of cash and need money desperately then I will prefer to break my fixed deposit and help myself as I don't have habit of asking money from people around me as it creates a bad impression and it can spoil my goodwill too.

I agree. Thats the biggest thing to consider about borrowing money as you'll have people's trust in you on the line aside from the money itself. If you have something esle to exhaust like a few savings, or things you don't actually need that you can sell, you can do that. Though if you really are out of options, nake sure you don't bresk the trust of people who helped you

Yeah that's right if you borrow money from people around you then make sure that you return them money on time or else it will spoil your relations with them and in future if same situation comes across you then they will not be willing to help you out.

It is he legit way of dealing with money problems, though you have to be very careful to not borrow from people who charge a really big interest on the loan. If you borrow with a high interest, you might even be more buried in debt than you were before you borrowed. You should not dig a bigger hole.

What you are saying is true but I dont think that your family and friends will charge interest from you as they have faith in you that you will return them back on time but if you are borrowing from unknown person then he can charge you heavy interest.
There is a proverb that says that if you want to lose a friend, then borrow money from him. A person is more responsible when he takes a loan from a bank than when he lends a friend. Always think that a friend can wait and as a result of friendship is over. Therefore, friends and relatives are not an option to take money.

There is merit in borrowing money from friends and family, but it should be an act of absolute necessity. Just make sure you can pay it back. You are absolutely right this is the quickest way to ruin a relationship.  But a parent, or a sibling, or even a grandma, can help you out of a really crappy situation. This is what family is for, to provide support in times of need. But the 'loan' should be good faith, or be a gift instead.
1499  Economy / Economics / Re: Tell me a secret: any way to earn 0.1 BTC per week? on: March 30, 2017, 12:41:46 AM
I would like to know if anyone of you earns 0.1 BTC per week or even more? Is this possible and what is best way to earn it? Your experiences, suggestions and advices are very welcomed.

Get a job, damned hippy.

But seriously, you will never earn as much bitcoin, as you could fiat, unless you live in a seriously economically depressed country. So much easier to just buy the Bitcoin with the money you earned. But, at the present time, bitcoin is hovering around 1k per. You are talking about 100 bucks a week; that's a part time job, pretty much, not counting the tax you will lose (you will get it back later, 400 a week will have you below filing thresholds as far as taxes are concerned.


If you do find a job that pays decently in bitcoin, try to not get taxed Wink if you are in the US, its not wages (bitcoin) until you spend it..
1500  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: March 30, 2017, 12:28:50 AM
If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage.  Is that even a good idea though? - basically 80% of networth in a house hmmm.  On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.
In our time now, bitcoin so far is not yet accept as payment in real estate even in the other country. But it could be possible maybe  in the future. In some other situation if the broker in the real estate, or even lot agent are bitcoin enthusiast I think they can make a transaction via bitcoin depending on how are they're gonna do it.

You can do this, pretty easy. Just use a lawyer, or sell the bitcoin. Thus also isn't a bad idea, if you get the house at a decent rate. You peg your value to.it's highest, into an asset that is fairly liquidable (provided you got it cheap enough). I'd honestly rather have a prepaid, rent free housing solution, that I can later sell, rather than bitcoin. You can't live in a wallet. But, you will be paying property tax.
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