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1101  Other / Beginners & Help / Re: if I disconnect my pc will my BTC be safe on: June 05, 2015, 11:38:13 AM
It's been connected to the internet, if I turn the internet off, is there a way my BTC can be stolen without physically taking my pc?

Only using old fashioned things like CDs or DVDs or flash drives!

Are you still connected to a network? If another computer or device on your network is connected to the internet, you could still be vulnerable, though far less so than the most of us.
1102  Economy / Economics / Re: Record High Margin Debt With Most Traders Betting Against This Market on: June 05, 2015, 11:35:07 AM
No one can precisely predict the time of bubble burst. There are still many ppl who are buying up and ignoring the looming risk. They are attracted by the profit.
Don't fight the fed, they have very deep pockets.  The money in those very deep pockets might be imaginary, but as long as everyone is happy to keep on investing all of the newly printed money in the world into the markets, the prices will keep going up.

It will come tumbling down, but I wouldn't care to guess when. I think we might see 2500 on the S&P before we see 1500 again.
1103  Bitcoin / Bitcoin Discussion / Re: The Biggest Misconceptions About Bitcoin on: June 05, 2015, 11:31:37 AM
That is will change the world in a more libertarian way.

I see that Bitcoin will end up being an Internet currency that can be used around the world, but otherwise it seems like most of the ideals of bitcoin are already being heavily eroded, and that is before it really makes it big time.  We will have leveranging and fractional reserve banking and interest rates etc, all the things that we're really intended by Satoshi. 
1104  Economy / Trading Discussion / Re: Withdraw money from PayPal with bitcoin on: June 05, 2015, 11:27:52 AM
Hello all, I'm new here and i have a question..
I'm eBay seller with a lot of stealth accounts..
As i'm working with stealth account i have out of ways to withdraw my money from PayPal, and looking for alternatives..
In my research i saw people telling that they are withdraw money from many PP account with Bitcoin, and told me to go to Bircoin forums to look for help or any solution..
I can transfer my money into Bitcoin with a site i know, but i dont know what to do after that as i'm don't know nothing about Bitcoin..
If anyone here have an idea or something that can help me i will be glad to hear about that (:
Thank you all!

Sounds dodgy as sin to me.
You can just buy bitcoin with paypal if you can find someone to trust you. Then you have bitcoin and don't need to withdraw fiat.

As you have lots of stealth accounts, I won't be the one to trust you to buy bitcoin with Paypal though!
1105  Economy / Trading Discussion / Re: Does anyone knows Bitcoin Arbitrage? on: June 04, 2015, 07:47:39 PM
Does anyone knows Bitcoin Arbitrage?

How does it works?

Please explain
Bitcoin Arbitrage is taking advantage of the price different between 2 exchanges. Say if exchange 1 has buy orders for 100$. And Exchange 2 has sell orders for 99$. Then you would buy from E2 and sell at E1. For every bitcoin you will get that 1$ extra, which is arbitrage.

For discussions regarding arbitrage found this thread : https://bitcointalk.org/index.php?topic=528691.0 .

yup. you should also keep in mind that arbitrage in terms of anything; exchanges, bookies, etc, is only very profitable if a large amount of capital is used as the percent variance is very small. in the most ideal cases you would only be seeing 2-3% profit.
If it is 2-3% profitable, it is 2-3% profitable, the amount of capital used is irrelevant.
If people want to trade their 0.5BTC to make 0.0002BTC, that is still guaranteed profit, there is not need to have too much capital.

Often the amounts that can be traded at the ARB price are also very limited, so again, capital wouldn't help.
1106  Other / Meta / Re: question about activity on: June 04, 2015, 07:45:14 PM
From the meta sticky:

The activity number is determined in this way:
time = number of two-week periods in which you've posted since your registration
activity = min(time * 14, posts)

Activity is updated every hour.
1107  Other / Politics & Society / Re: What do you think about Islam ? on: June 04, 2015, 07:43:31 PM
It's weird how all people here are atheists Shocked no one is religous ir what I keep seeing them in other threads , feel free to post your opinions .
Also and as I said ... please I said without hurting however I see some people insulting

This forum is filled with people of a higher IQ.. The idea of a "god".. is pretty silly.  Most with the ability to use logic start to understand pretty much every organized religion only exists as a method of control.


There are plenty of people of higher IQs that are religious.  Look at Einstein, and his God doesn't play dice stuff!
I don't see religion as a mean of controlling people, I see it as a way of giving meaning to life and to reduce the fear of the unknown following death.

Whether this forum is filled with people of a higher IQ is also very very questionable!
1108  Other / Politics & Society / Re: What do you think about Islam ? on: June 04, 2015, 07:40:42 PM
I think Islam is more than 600 years younger than Christianity, and that in 600 years it will have become more like Christianity is now, i.e. more of a passing interest and not worth destroying your and other peoples lives for.

There are obvious exceptions to that in Christianity, and there probably will be in Islam in the future, but I still predict that people will drift away from all religions sooner or later, Islam included.
1109  Economy / Speculation / Re: graphical predictions of the next three years on: June 04, 2015, 07:37:04 PM
Just say, I think Bitcoin will rise massively in the future, not in the near future, otherwise I will be proven wrong in the near future, but later, when you will have forgotten that I made this prediction.

I base this guess on nothing, but have drawn some straight lines on a chart to make you think that some serious analysis has gone into it.

P.S. I hope you are right
1110  Economy / Economics / Re: Housing and Bitcoin on: June 04, 2015, 07:34:32 PM
Anyone that thinks house prices are logical at 20x the median income is legit nuts.  The 30's will look like but a small crash.

The housing market never really crashed..

It will the only way it wont is if wages are all increased 4 FOLD..  The chances of that happening are about the same as you cracking SHA-256.

Can you not see the storm?  It would be wise not to be caught in it.  Being in debt when the storm hits...


Risk vs Reward, the risk in  the housing market is out of this world.. The reward is decreasing as prices skyrocket..


My bet is when America pushes their interest rate to negative 1% shit completely falls apart.  They will get away with -.1%, -.25%, then -.5%(this will last a few months tops) it will be moved to -1% and the mass exodus of savers will annihilate the entire system.  Odds are you'll lose everthing in your bank account.






OR there is a chance expoential economics and finite resouces goes on forever............................ but math does disagree.
Things are worth what people are willing to pay for them!  The greater fool theory seems to be in full flow, but that is often the case.

Central banks are doing a great job of keeping the sh!t heap economy afloat, the stock markets seem like a bigger joke to me than the housing market, but they are both at about Bitcoin November 2013 levels.
1111  Bitcoin / Bitcoin Discussion / Re: Block size increase? on: June 04, 2015, 07:32:08 PM
I think we an agree that the blocksize does need to be increased, the question is more how we can go about doing that without having sidechains and massive problems with mining and people not updating.

I would be for increasing to 20mb, might as well largely future proof things.  I don't see the number of transactions increasing more than 2000% anytime soon.
1112  Bitcoin / Bitcoin Discussion / Re: FORK POLL - A transactions per second comparison of the top 10 cryptocurrencies on: June 02, 2015, 09:15:47 AM
I don't see the block times as a negative, but if it were to change, i would vote for around the 2minutes per block time.

Too man orphan blocks are really annoying, but I guess having a 12 minute confirmation time would be nicer than an hour when moving coins to exchanges.  For general use it makes no odds though.
1113  Other / Politics & Society / Re: Why to avoid making dumb lowlife Americans feel stupid: on: May 29, 2015, 05:38:08 PM
Why would you want to make dumb people feel stupid?
That just sounds mean!

Is there any particular story behind your post? or is it an internet non-story? Seems to me like you could just leave people alone and they will leave you alone...
1114  Economy / Economics / Re: If Greece defaults on: May 29, 2015, 11:34:33 AM
Quote
Many other issues need to be addressed to make the country stable too, including making the golden dawn party illegal..aka name and shame it as a terrorist organization..legalise all the black market money and make them pay tax on it and also the corrupt govt officials should all be tried..also for heavy sh8t we need back capital punishment..sorry to say but pedos, mass murderers and rapists should get the electric chair..why should poor, hardworking tax payers pay for these harcore criminals to get art classes for life in prison and have it cushy..that will save the govt and country a lo0t of burden.. Cheesy Grin Grin

This sounds like the ravings of a madman.  Why should a popular political party be made illegal?  Why do you need capital punishment? It costs more per person to have someone on death row than to put them in prison for life. Look it up.

Whether they should cut spending or leave the euro is the question, not if they should make political parties illegal and start murdering criminals.
1115  Other / Politics & Society / Re: Palmyra presents a new twist: First Syrian city the group has taken from Government on: May 29, 2015, 11:29:15 AM
Are they going to blow all the ancient heritage? Which is not muslim culture? Heard they have killed 4000 people there. Whta to expect?

According to the ISIS, all the human history which dates before the invention of Islam (AD 610) is unislamic, and therefore all the evidences related to it must be destroyed. Also, many of the statues and other artworks go against the ban on idolatory and personal worship in Islam, and therefore must be destroyed without any trace.

Extreme Islamic groups have destroyed historic monuments before in Mali and Afghanistan, I don't see any great reason why they would do otherwise in Palmyra.

It is obviously a massive shame that they are so short sighted and can't see past their own beliefs, it seems that local governments don't care enough to stop ISIS either, otherwise they would be moved back in short order.
1116  Bitcoin / Bitcoin Discussion / Re: Should Satoshi return? on: May 29, 2015, 11:23:46 AM
Do you (personally) think it would be a good idea for Satoshi to return?
Either now, or in the future?

And if he did, how do you think the rest of the world would react?
(Especially some governments)


I see it a bit like religion, the person is there to start with and disappears leaving their legacy to increase, whilst hoping that the creator comes back to help whenever things go bad. 
In either case I don't think the return would help anyone or anything, except for destroy the legacy that has been so well built.
1117  Bitcoin / Bitcoin Discussion / Re: Brain Wallet hacked, suspect bitcoin talk hackers. on: May 29, 2015, 11:21:15 AM
That sucks, I hope you didn't have all of your bitcoin in that one wallet, though obviously 12 bitcoin is a hell of a lot to lose anyway

Bitcointalk should probably use 2fa to protect the users, I can't see much reason not to offer it at least.
1118  Bitcoin / Bitcoin Discussion / Re: Brain Wallet hacked, suspect bitcoin talk hackers. on: May 29, 2015, 11:07:27 AM
Sorry to hear that.
I don't understand exactly how that happened to you, what information did you have on your bitcointalk account that helped them hack your brain wallet?

It is the number one reason why bitcoin hasn't taken off as we all hope, security is much harder to perfect than almost everyone thinks
1119  Other / Politics & Society / Re: 1100+ dead in Natural Disaster on: May 28, 2015, 07:15:59 PM
Who cares about the Indians, there are 1B+ of them anyway

That is the problem. When the population explodes without any limit, the standard of living proportionaly declines. At the time of independence (1947), the Indian population was just 265 million. It has increased by 500% ever since. Right now, there is not enough land for everyone, and hundreds of millions are homeless. Most of the fatalities in this catastrophe came from the homeless community.
I didn't know that about the population growth, it's a very interesting statistic.

I guess what it really shows is that the government can't offer enough services to it's population, otherwise there would be enough water and medical help to stop so many dying from the heat.

That said, whenever there is a big heatwave in Europe there ae also lots of deaths.  I think the elderly who may well have been on their way out anyway are very prone to the heat, especially when it hits 40degrees or more.
1120  Bitcoin / Bitcoin Discussion / Re: Spreading BTC acceptance in Russia with… digital billboards? on: May 28, 2015, 07:12:05 PM
I thought Russia had really come down hard on Bitcoin and other crypto currencies?

looking at news like this: http://cointelegraph.com/news/114410/russia-blacklists-another-bitcoin-website-but-bitnovosti-finds-workaround
it would appear that knowing a bit about bitcoin won't help them to get involved, as it is practically illegal anyway.
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