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1081  Economy / Services / Re: Need cool writers for CoinTelegraph! on: June 14, 2015, 08:13:08 PM
Guys!

If you have native English  (UK or US) and you enjoy writing - go and spearhead the disruptive penetration with us)
We are hiring!!!

We have best professional authors team and editors, they will teach you - so you can start your carrier in news reporting! TechCrunch offers $200-$1000 per story! Do your favorite job, promote Crypto, Fintech and Decentralized world. Get thousands of retweets and shares to your stories.

Feel free to ask questions right here in this thread!



So this not a paid position. But it's okay, since you'll get "thousands of retweets and shares to your stories.Cool

Oh, that is quite different really!  Why mention TechCrunch paying if this is unpaid?
Sounds like they want to get people in for a few stories before they realise that they are working for free!
1082  Bitcoin / Bitcoin Discussion / Re: Hearn's Worst Case Scenario: Checkpoints in XT to "ignore the longest chain" on: June 14, 2015, 08:11:33 PM
The more I think about what Mike Hearn is saying in this clip, the more I'm inclined to switch sides. I was basically passively OK with 20MB, but I'm definitely not OK with a Bitcoin with centralized checkpoints. I'll be surprised if a majority of the Bitcoin community is OK with that.

Yep, increase the block size is an obvious yes. Hostile fork to achieve it? Nope. Especially not if any possibility for tragic outcomes for both forks exists at all.

(it also possibly needs some mechanism to smooth the transition to bigger blocks, and/or a target size with incentives to stay on target etc)
A hostile chain will never work.  The main exchange established for carries the value, someone would need to persuade them to adopt the hostile chain to have any real effect.

Miners mine to make money, so they will do what the exchanges do.
1083  Economy / Speculation / Re: Why are we rising? (speculation) on: June 14, 2015, 08:08:52 PM
Hmm, you made me check the price!
232 isn't rising, 300+ is rising!

232 is near the bottom of a long and low decline, that hopefully will start to turn around soon!
1084  Economy / Economics / Re: DO NOT pay off your student loans!! Sub-prime student loan bail-out is here! on: June 14, 2015, 08:07:13 PM
This is just the tip of the iceberg..

http://www.nytimes.com/2015/06/10/opinion/help-for-victims-of-college-fraud.html?ref=topics

http://www.huffingtonpost.com/2015/06/08/corinthian-loan-debt_n_7539122.html

Quote
WASHINGTON (AP) — The federal government will erase much of the debt of students who attended the now-defunct Corinthian Colleges, officials announced Monday, as part of a new plan that could cost taxpayers as much as $3.6 billion.

As I understand it, it isn't really optional to pay off your loans, so you can try to pay back as little as possible, but can't just stop!

Shouldn't they just put a statute on it and say after 20 years they expire?
1085  Economy / Economics / Re: Economy vs EARTH how will be the future? on: June 13, 2015, 10:59:52 AM
"Global Warming Petition

We urge the United States government to reject the global warming agreement that was written in Kyoto, Japan in December, 1997, and any other similar proposals. The proposed limits on greenhouse gases would harm the environment, hinder the advance of science and technology, and damage the health and welfare of mankind.

There is no convincing scientific evidence that human release of carbon dioxide, methane, or other greenhouse gasses is causing or will, in the foreseeable future, cause catastrophic heating of the Earth's atmosphere and disruption of the Earth's climate. Moreover, there is substantial scientific evidence that increases in atmospheric carbon dioxide produce many beneficial effects upon the natural plant and animal environments of the Earth.

This petition has been signed by over 31,000 American scientists."

http://oism.org/pproject/

Define scientist.  I am a scientist, but an immunologist, not a climate scientist.  If I sign the petition (I wouldn't) then would I count on your list?  My opinion on climate science is no more valid than anyone elses who has not studied the subject...

Even if you aren't sure that CO2 is a bad thing, or that humans are causing the rise in CO2, the safer bet would be not to continue using fossil fuels, in case the consequences are actually what the majority of climate scientists think they will be. 

An example I use is: I have never been in a car that has run out of petrol/gas.  Therefore I think that cars do not actually need petrol/gas to run.  Lots of people tell me that they do, but that is not the case in my experience.  Should I fill up my car with petrol before driving across death valley?  If I am right, then all good.  If I am wrong and don't fill up, I die.  If I fill up my car as the majority say I should, it doesn't matter who is right, I will be fine.  I would fill up my car, better safe than sorry.
1086  Other / Beginners & Help / Re: Increased Block Size - how will it affect me? on: June 13, 2015, 10:52:28 AM
The bitcoin exhange rate could change dramaticly. This could affect you.
We could see a fork, where part of the user support the new size and another group refuse to use the new block size. Then will we have a big problem. And the exhange rate could colapse because of uncertainty.

A funky thing about this scenario is that you will have double the bitcoin, the coins you own at the point of fork, will exist in both forks.
But half of those bitcoin will be worthless!  It will surely only be a nightmare if some exchanges decide to back one fork, and others the other fork.
It would stupidity too though, so I doubt it will happen, someone might try to keep the dead fork going for something though.

Good to know that I don't need to do anything, if every end user had to do something, I think it would be a big negative for Bitcoin.
1087  Other / Politics & Society / Re: [Rumour] Top Gear Presenters going to Netflix on: June 13, 2015, 10:49:38 AM
That's not surprising with the amount of press that they got with it being cancelled and with the whole Argentina affair.
I would guess that they had a spike after Hammond had his crash and nearly died too.

It doesn't make it acceptable for the hosts to assault people though.  We'll see if it is as popular in the future as a 45min show with adverts, or when you can binge them all together on netflix.  I am not so sure.
1088  Other / Politics & Society / Re: Richard Hammond, James May and Jeremy Clarkson to bring Top Gear to Netflix on: June 12, 2015, 12:22:20 PM
I hope the BBC go bankrupt and finally die or go private, they're a bunch of corrupt assholes regardless of what Jeremy has done.

TV Licences funds the BBC over 3 billion every year. No chance of bankruptcy, they are big fat pigs Angry

3 billion? I don't think so. Where are you getting that figure from? According to the following it's 25 million for 2013/14: http://en.wikipedia.org/wiki/Television_licensing_in_the_United_Kingdom#Total_licence_sales

He didn't mean 3 billion people pay the licence fee!  That would be half of the world!  The total amount raised by the licence fee is over 3billion pounds though.

I will watch Top Gear if it goes to Netflix, but I don't disagree with him being fired.  He sounds like he was in the wrong and would have been fired from any other job for doing that.
Top Gear is past its best now anyway.  It might not be a bad idea for them go out on a high, otherwise it might really get stale.
1089  Economy / Economics / Re: Greece has made an important concession on: June 12, 2015, 12:11:03 PM
Greece, as a country, overborrowed and over spent during the boom years. 
It's very understandable, but they went from being a fairly low GDP country, to a quite high GDP country (<$11k per person in 2001, >$30k per person in 2008). 

Now that wages have fallen a little bit, the people aren't happy, and I understand that, but really the GDP per person should probably be <$20k, whereas it isn't, it is still about $29k.

If I lived in Greece, I'd be pissed too.  The people didn't do anything wrong.  The EU shouldn't have let them join the € in the first place, and the country shouldn't have overspent, but they both did, so now someone is going to pay for it, and it won't be the people who should!
1090  Bitcoin / Bitcoin Discussion / Re: 175 Quadrillion Zimbabwean Dollars Now Equals 0.02164502 BTC on: June 12, 2015, 09:30:58 AM
175 Quadrillion Zimbabwean Dollars Now Equals $5

Quote
HARARE, Zimbabwe — Zimbabweans will start exchanging quadrillions of local dollars for a few U.S. dollars next week, as President Robert Mugabe's government discards its virtually worthless national currency.
Adopting the USD is also a bad idea for Zimbabwe though.  They will need to borrow in a currency that they don't control and isn't effected by their own economy.
They should have gold backed, or partially gold backed a new currency, or gone all in and adopted a cryptocurrency. 

I don't think bitcoin would be right for them, for the same reasons as the USD is a bad idea, but an internal Zimcoin could have worked, or been tried at least.
1091  Economy / Services / Re: Need cool writers for CoinTelegraph! on: June 12, 2015, 09:25:01 AM
Guys!

If you have native English  (UK or US) and you enjoy writing - go and spearhead the disruptive penetration with us)
We are hiring!!!

We have best professional authors team and editors, they will teach you - so you can start your carrier in news reporting! TechCrunch offers $200-$1000 per story! Do your favorite job, promote Crypto, Fintech and Decentralized world. Get thousands of retweets and shares to your stories.

Feel free to ask questions right here in this thread!


Do you accept and pay for freelance articles too, or just those by employees?
It sounds interesting, but I would like to heard more information about it.  If you could say more in this thread it would be good.
1092  Other / Politics & Society / Re: Is it Time for Fast Track Atheist Security Checks at Airports? on: June 12, 2015, 09:22:13 AM
Wow, this is completely moronic. "Terrorists" would then obviously just claim to be atheist to get around it. I'm sure extremist Muslims will not care about lying to further their ideology. How long are the ques in American Airports to get through security? The ones in Europe take barely ten minutes. The last two times I've flown in the UK and Holland there were no ques and we just walked right through so I don't think this is that big of a deal any way, especially once you get though you usually just have to sit around for hours waiting for your flight and even more so if it's delayed.

Wow, I get the idea that it might have been tongue in cheek, but do go ahead and get annoyed about the premise anyway!

Queues vary a lot, I find that they are worse in America though as they always have 100 questions about why you are travelling, why and where.  Sometimes in Europe I get through in 10 mins, but then the next time I will get stuck for an hour. 
I would rather be in a queue of Muslims who know to take off their belts, watches and empty their pockets, than take the atheist queue with people who seem shocked when asked if they have any metal or liquids on them.  It still happens almost everytime that someone has a 2l bottle of water, and they can't beleive that they can't take it through!
1093  Bitcoin / Bitcoin Discussion / Re: Catastrophe Scenario on Bitcoin Network on: June 12, 2015, 09:09:28 AM
Why would China do such things? If they control major operations in Bitcoin, any disturbance like separate blockchains, 51% attack etc would only damage the price and development. That is against interests of a major power like China.
Currency controls? 
They are happy to stop people using the internet freely in other situations, they also heavily regulate the Remini/Yuan, so why wouldn't they decide to regulate a currency that is based on the internet?

History would suggest that they would set up their own equivilent that they can better regulate, but who knows.  It is unlikely to happen, but could.
1094  Other / Beginners & Help / Increased Block Size - how will it affect me? on: June 12, 2015, 09:07:14 AM
So I am a Bitcoin user, I don't mine, I don't have a node, I do keep the blockchain upto date on my PC and leave it open so people can upload it.
I am basically a simple Bitcoin user.  If and when a hardfork is done so that more transactions can be done per block (say 1mb now to 20mb after the hard fork), how will that affect me?

If I only use Blockchain or another online wallet, will I have to do anything, or will it pass me by completely?

Do I just have to get a new Bitcoin QT after the fork? Will my current version stop working?  Will I have to redownload the blockchain (I bloody hope not!).  I have posted this in Beginners as it is a basic question that interests me as a basic bitcoin user and will probably interest true beginners too.
1095  Bitcoin / Bitcoin Discussion / Re: Catastrophe Scenario on Bitcoin Network on: June 12, 2015, 09:01:38 AM
It would essentially make a bitcoin china and a RoW Bitcoin. 
I would assume that the admins would make the RoW Bitcoin the default, but the other fork could continue on in China, but with the price decreasing hugely.

It does sound like it would be a nightmare for Bitcoin and it is also quite plausible too.  I personally wouldn't rule out America doing the same thing at some point!
1096  Other / Off-topic / Re: Meet the most trusted Bitcoiner. on: June 12, 2015, 08:58:07 AM
You can change your default trust list, or if he has directly scammed you, then you can give him negative trust and the number will go red for you.
I agree that the default trust list is not really working anymore, those on the list can do what they want, and those not on the list have no power to help others avoid being scammed.

Maybe all legendaries should be on the list, unless they have a negative trust.
1097  Economy / Economics / Re: Greece has made an important concession on: June 12, 2015, 08:55:11 AM
Greece has made an important concession that not only giveing up the former standpoint, but also considering the discussion with Brussel Group which had regular meetings with Greece and its technical team in the past few months . The suggestion includes the contents as followings: 1. low primary surplus makes Greece free from deflation policy; 2. the protection of pension and wages avoids further wage and pension cutting in order to stop recession.3.to carry on reallocation of the income of most people in society.4. debt restructuring makes Greece's new debts stop and old debts paid back, but not the vicious circle for development of the real economy. 5. to restore collective negotiation of labour and capital, and cancel the resolutive labour relationship. 6.Strong investment plans on basic infrastructure and real economy are introduced.

What there is the important concession?

2. seems unworkable, they can't be a far poorer country with lots of debt, but continue to have richer country wages and pensions that are being phased out everywhere.
4. sounds like an idea, but not one that is workable or will actually happen.
6. seems like it would go directly against the Troica.

It's all just can kicking, someday they will realise that they need to leave the € to get out of their mess. 
1098  Economy / Economics / Re: Is the US national "debt" an illusion? on: June 12, 2015, 08:51:33 AM
I tend to agree with many of the forward-thinking viewpoints that are shared on forums like this. However, I feel there is misinformation being circulated regarding the US national debt. The core question that must be answered: What is the national wealth?

Private wealth in the US is almost $70 trillion. But dig deeper: What is the mineral wealth in our national parkland? What are the Rocky Mountains, Mendocino County, and ANWR worth? What is the aggregate oil wealth in public lands? What is the value of the US military in the jungle of international relations?

I argue that the $18 Trillion national debt pales in comparison to the national wealth of the United States. There is no better example of this than the revenue generated from Obama's successful energy exploration campaign.

When you take a look at the massive swaths of valuable land held by the federal government, it becomes clear that the total federally-owned real estate, oil, minerals, etc. within the borders of the USA could be valued in the quadrillions of dollars.

One thing has become increasingly clear to me: the United States HAS debt, but it is really not IN debt.

The purpose of the Federal Reserve is to govern the people through the money supply. The threat of hyperinflation or deflationary depression is exaggerated. The resource wealth of the United States - as well as the large, rich, taxable population - provides a backstop that keeps our currency strong, even in expansionary environments.

I believe this backstop is far more valuable than prior generations' use of precious metal reserves. I concede gold and silver are more tangible, but defining the national wealth by reserves of scarce metals is nothing more than a form of social brainwashing intended to keep resource-rich Americans feeling poor.

Conspiracy theorists and John Birchers who measure the national debt against gold reserves are engaging in monetary child's play. However, the Federal Reserve's ability to spend the past decade in crisis while hiding the money supply (M3) from the American public is brilliant. A brilliant scam that must come to an end in the United States, as it has in central banks throughout Europe and across the globe.

The strength of the dollar in FOREX markets in the wake of QE3 invalidates many conspiracy theories. As a market student and participant, I believe the dollar is legitimately strong and would remain strong through QE4, QE5, and QE6.

Is it time to end the myth of false scarcity? Is the easy answer - a dramatic increase in the debt ceiling to fund the Small Business Administration, Farm Service Agency, and regional banks - the best path for the US economy?

Recently an interesting statistic was released. The USA has fewer corporations today than 40 years ago, despite having three times as many citizens. If "corporations are people," do we just need more "people?"

Or is a multi-decade Japanese-style depression a better way to break the will of American men, break the daughters of the revolution into prostitution, seize American's weapons, and ultimately rejoin the British Crown and join the New/Old World Order?

I ask that question only half-sarcastically, because that appears to be the the intent of the current world order, and the path the United States is headed. Especially if either Hillary "Forester de Rothschild-RHODam" Clinton, or Jeb "Lehman is now Barclays" Bush are elected president.

This is serious business.

Sure, a new monetary system would be nice. But is a total revolution possible? Perhaps it is time to submit to reality, and finally admit that Reagan was right.

Mine eyes have seen the glory of the coming of a new hashtag.

Matthew Libman
Charleston, SC

I haven't read through the 4 pages of comments, but I wouldn't count possible future income against current debt levels.
If I have $100k debt, I am in debt and have debt.  My future earnings will help me service the debt, and the debt is secured against my capital, usually a house.

In this case America has the debt, but doesn't have the house yet.  They have a plot of land, but are borrowing against a house that could possible be built on that plot of land in the future.  That is just debt plain and simple to me.

The reason why their debt is an illusion is that they don't need to pay it back!  But that's another story.
1099  Economy / Speculation / Re: Kraken just introduced "Dark Pool" on: June 12, 2015, 08:47:57 AM
Quote from: kraken newsletter
We are pleased to announce the Kraken dark pool, a new feature that allows clients to discreetly
place large bitcoin orders and execute against similar sized orders at potentially better prices.
Kraken is now one of the few exchanges offering a dark pool for bitcoin.

The Kraken dark pool is an order book not visible to the rest of the market. Each trader only knows
their own orders. Traders can anonymously place large buy or sell orders without revealing their interest
to other traders. Typically, outsized orders, when seen by other traders will cause the market to move
unfavorably, making it more difficult to fill the order at the desired price. This unfavorable price movement
may be avoided in a dark pool.

Kraken will charge an extra 0.1% for dark orders. Dark pool trading is available to all Kraken clients
with accounts verified to Tier 2 or higher (for information on the account tiers click here). The minimum
dark order size is 50 Bitcoins and only limit orders are supported. The dark pool will accept orders
for trading between Bitcoins and EUR, USD, JPY or GBP. Dark pool pairings are designated by a “.d”
extension (e.g. XBT/EUR.d or XBT/USD.d).
So is this service to allow dodgy characters to sell illigally obatined bitcoins anonymously?
That would explain why there may be a better price offered.

If that is the case, is that something that a above board business wants to do?
1100  Other / Politics & Society / Re: Massive breach of federal data Exposes Data of 4 Million Employees on: June 05, 2015, 11:41:03 AM
so a computer system with 4 million Fed employee's data and security clearance info is hacked and no-one noticed?

No that is impossible. We should trust the government with all of our information as they will look after it and no one can hack the government...

I sometimes think this kind of stuff is a joke, so that we all think that they are incompetent and couldn't really monitor and be on top of everything that happens.
Either that or they really are pretty incompetent.  It makes you think, maybe Gox weren't so bad, if the FED can't keep their system secure, how could a former playing card exchange manage it when large amounts of money are at stake!
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