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1541  Economy / Service Discussion / Re: What would be the best signature campaign for me to join? on: March 06, 2015, 12:17:13 PM
Make another 7 seven posts wait an hour, you should be updated. Once you become a member starts applying from there.

That is not how it works, his activity will rise by 14 if he posts in the next 2 weeks.
https://bitcointalk.org/index.php?topic=178608.0

So in the next 2 weeks you should be a member and can then join good campaigns.  Just look around at which ones most people join, they don't flock to the worst ones.
1542  Other / Politics & Society / Re: Mark Cuban: This tech bubble is ‘far worse’ than back in 2000 on: March 06, 2015, 12:11:45 PM
There is a big difference between 2000 and now. The biggest is that many of the tech companies are making profits, have cash flow and reasonable multiples.

Reasonable multiples? from wiki:

Quote
As of 13 December 2013, Twitter had "a market capitalization of $32.76 billion".[79]

On February 5, 2014, Twitter published its first results as a public company, showing a net loss of $511 million in the fourth quarter of 2013

It loses half a billion but is valued at over 32 billion... in Q3 last year they made $7mil (or lost $175mil depending how you count it)

IPOs have been a joke this year.  The companies that are fueling the bubble are the social media and chat apps, they will never earn enough to be worth what they are priced at.  The companies people actually use and spend money with, like Amazon, are generally making losses too somehow!

The bubble is massive and should pop at some point.  It is a little different to 2000, as the internet is more heavily used and people do spend money on goods online now, it is the snapchats and instagrams of the world that are the real crazy ones and need to come down to normal levels.
1543  Other / Politics & Society / Re: "Geopolitical Situation Most Dangerous Since WWII" on: March 06, 2015, 09:21:33 AM
Quote
http://www.zerohedge.com/news/2015-03-05/lord-rothschild-warns-investors-geopolitics-most-dangerous-wwii

    Our policy has been clearly expressed over the years. Simply put, it is to deliver long-term capital growthwhile preserving shareholders’ capital; the realisation of this policy comes at a time of heightened risk, complexity and uncertainty. The economic and geopolitical environment therefore becomes increasingly difficult to predict.

    

    The world economy grew at a disappointing and uneven rate in 2014 after six years of monetary stimulus and extraordinarily low interest rates.

    

    Stock market valuations however, are near an all-time high with equities benefiting from quantitative easing.

    

    Not surprisingly, the value of paper money has been debased as countries have sought to compete and generate growth by lowering the value of their currencies – the Euro and the Yen depreciated by over 12% against the US Dollar during the course of the year and Sterling by 5.9%.

    

    In addition to this difficult economic background, we are confronted by a geopolitical situation perhaps as dangerous as any we have faced since World War II: chaos and extremism in the Middle East, Russian aggression and expansion, and a weakened Europe threatened by horrendous unemployment, in no small measure caused by a failure to tackle structural reforms in many of the countries which form part of the European Union.

In short you are in Rome, some people believing to be smart, decided to fuck Gaius Julius Caesar and all his Men when they were away. they came back and saw. what comes next? And if you knew what they did away... you wouldn't have dare to fuck them, ohh no. but it's to late... they did. When it was said never fuck with the legions, it wasn't only meant for the outsiders.

So I can't agree on his assessment, it's even risker Cheesy  Cool  Kiss.

It's not as risky as the Cuban missile crisis, or when Soviet tanks rolled into Hungary in 1956, or the Korean war when the Americans got too close to the Chinese border for comfort.

It is a bit of a tinder box though, it wouldn't take too much to start a war, especially when the BRICS and the traditional powers have such different systems in place and value systems.  They just don't mesh well together, then consider that the BRICS are growing ever stronger but not really being given recognition of this by the G7 and other institutions, I could imagine a war starting, even if just to gain the respect they feel they deserve.

Interesting would be what modern day war looks like between mayor powers.  There hasn't really been one for a long time.
1544  Other / Politics & Society / Re: US Soldiers Readying for Ukraine Deployment on: March 06, 2015, 09:13:27 AM
Quote
It's been no secret that US and a handful of UK forces have been planning on traveling
to Yavoriv this spring to begin training Ukrainian forces for their fight against pro-Russian
separatists in the eastern part of the country. But officials have at times been vague as
to dates and times and numbers.

The solicitation also states that "the US and Ukrainian Army shall conduct a joint training
mission at the International Peacekeeping and Security Center (IPSC) near L'viv, Ukraine
from approximately 5 MAR - 31 OCT 15."

The Army will rotate 300 troops at a time it appears, with March, May, July, August and
October being the relief dates for each group.

The plan to train four companies of the Ukrainian National Guard comes as part of a
US State Department initiative "to assist Ukraine in strengthening its law enforcement
capabilities, conduct internal defense, and maintain rule of law," Pentagon spokeswoman
Lt. Col. Vanessa Hillman told Defense News this year.

Funding for the initiative is coming from the congressionally-authorized Global Security
Contingency Fund (GSCF), which was requested by the Obama administration in the fiscal
2015 budget to help train and equip the armed forces of allies around the globe.

The United States has already earmarked $19 million to help build the Ukrainian National Guard...

More...http://www.defensenews.com/story/defense-news/blog/intercepts/2015/03/03/ukraine-russia-putin-war/24327263/

Up and at em boys, time to go show Putin what for. The $19 mill figure is just to get the ball rollin mark my words.

Sorry, but why is America going to send troops over to help out?  In the worst case scenario, if you believe everything you hear, Russia is arming those in Donetsk and allowing some Russians to fight with them.  It is not the Russian Army fighting against the Ukrainian army, otherwise the casualties and results would be different.

So in this case, why should America offcially get involved? Ukraine is the other side of the world from America, there are no historical relationships and they are not a member of NATO.  The only reason I can see, is that they want to annoy Russia.  Russia is right next to Ukraine and is historically is basically the same country as Ukraine, they obviously have political reasons for trying to keep some influence as well as not wanting to have people they consider enemies on their border.

I don't think that the Russians are 100% in the right here, but of the 3 parties involved (Ukraine, Russia, the west) they are least to blame for everything.  Ukraine could leave the rebels in peace, but seem intent on war, and not only that, they want external help in this war to escalate things further.  They worry me at the moment, I really think they just want to annilihate the rebels and would stop at little to do so.
1545  Other / Beginners & Help / Re: Wow....Bitcoin is COMPLEX on: March 06, 2015, 08:11:21 AM

I'm a consumer. I want to know how to buy it, how to buy stuff WITH it, and how to keep my coins safe.


I have a blockchain.info wallet with bitcoin deposited.  I have a strong password on this account and I use 2 factor authenticfication, in this case Google Authenticator, this keeps my Bitcoin safe as they can be online.
I have the blockchain app on my phone.  This is locked with a code, as is my phone.  When I want to buy something with bitcoin, I open the app and scan the 2D barcode.  It then confirms the amount that will be deposited on my phone, I click accept, and I have bought something using Bitcoin.

I have done this to buy Pizza online, Coffee in a cafe and a meal in a Bar in the last month.  All worked perfectly and quickly, were secure and I would happily do again.

The main thing for security is that you have 2FA, a strong password, you never show your private key to anyone, keep your antiviruses and firewall upto date and don't click on any dodgy links related to bitcoin or the bitcoin forum.
1546  Bitcoin / Bitcoin Discussion / Re: Is the rumor about the latest 50,000 BTC auction true? on: March 06, 2015, 08:00:40 AM
So coindesk confirms the 30% over market price?
It isn't on coindesk, nor should it be if it is an unconfirmed rumour.
It seems really unlikely that someone would pay such a large premium.  I understand that it would be difficult to buy 10k or more on an exchange due to lack of liquidity, but 30% is ridiculous!

Apparently we should find out the results of the auction on Monday, I would expect some leaks before then, so watch out for some big buys in the mean time.  In penny stocks, usually the stock price rises or falls to the level of a placement shortly afterwards, I would expect something similar here, so 270+30% would be a rise to $345 or so in short order, that would be nice!
1547  Economy / Economics / Re: Banks are Pigs on: March 06, 2015, 07:52:55 AM
I'm about to pay an invoice for a domain. It cost $10/ year but the bank take $7.5 in transfer fee.
75% in fee Huh That is ridiculous and this is why Bitcoin will succeed in the long run.
I know they aren't popular in the bitcoin world, but Paypal would be an easy option.
Lots of companies use Paypal to transfer small amounts of money around because, as you say, bank transfers are really expensive.
1548  Economy / Economics / Re: Catastrophic Meltdown Coming to America - Doug Casey on: March 06, 2015, 06:42:36 AM

-- stay out of debt
-- stay in shape, eat healthy
-- buy & hold gold and other hard assets
-- be prepared to the extent that you want or feel is necessary
-- educate yourself (gain skills)

I only really see staying out of debt as a certain point that will help when he system starts to go down.
Growing your own food and having a way to get clean water seems more important that having gold, to me.

I personally think the system will fail but there won't be a meltdown, in the case I foresee, I think gold is a great investment, but it will be a scary ride, I am not convinced that the western governments will allow gold's price to rise naturally as that will help the BRICS too much.
1549  Other / Beginners & Help / Re: Newbie and buying 1st BitCoin Questions on: March 05, 2015, 09:07:15 PM
I'm hesitant to involve coinbase since they've cut off gambling transactions. I agree that an exchange is better for me, i just don't know enough about this to trust a person to person exchange (even if that person has high reviews)

If you buy the bitcoin through Coinbase, but move them to blockchain, then it has nothing to do with Coinbase anymore what you do with your bitcoin. I wouldn't use your Coinbase account to gamble, but you don't plan to do that anyway  Smiley
1550  Other / Beginners & Help / Re: Newbie and buying 1st BitCoin Questions on: March 05, 2015, 08:20:20 PM
Hi Everyone – I’m a newbie and have been reading up on BitCoin over the last 8 hours. I’m a US person and plan to use BitCoin for gambling.

I was originally going to sign up for coinbase, but there are reports of them blocking gambling transactions. Because of that, I signed up for blockchain.info.

It appears I cannot actually buy bitcoins from blockchain.info, so I clicked through their “partner” btc.sx

I created an account, then realized I couldn’t buy BitCoins there as they state “To use BTC.sx, deposits must be made in Bitcoin. “

So how do I actually buy Bitcoins and get them into blockchain.info? I don’t have a desire for a face to face transaction, so I would like to pay using a US bank account. Would I buy them at Cirlce, then transfer them to blockchain.info?

Of your options, I would buy through circle and transfer to blockchain. Buying from a person needs a little bit of orangization and trust, I personally prefer exchanges. 

Can you not buy from Coinbase? They are an official US exchange now, with VC money behind them, they should be safe as houses.
1551  Economy / Economics / Re: Price deflation in 2015? on: March 05, 2015, 07:37:24 PM
In honor of Madame Chair's commitment today to raising rates even if inflation is low, I want to ask "how low can you go?".

It might be tough to say you're going to raise rates in a deflation with a straight face.

I vote "yes".
There are different kinds of inflation and deflation.  In the UK, I think it would be a good thing for the general economy if the interest rates were raised, even if only by 0.25% or so.  People need to remember when buying houses that rates can go up, and they cannot just borrow for almost nothing to fuel another huge housing bubble.

The deflation at the moment is largely due to energy prices falling.  The worst case scenario that I see if that they will stay where they are for a while now, Brent being about $60 a barrel.  That means that in 3-4 quarters the price decreases will wash through the system and inflation will return to about 1.5%. 

The situation is similar in America.  One slight difference is that the USD is strong right now that increasing rates will make exporting damn hard.  The pound isn't quite as bad.  If they are going to constantly feed us news that everything is good in the UK and US economies, surely they have to return rates to normal, or at least start the process soon.
1552  Bitcoin / Bitcoin Discussion / Re: Bitcoin's golden moment on: March 05, 2015, 02:08:05 PM

Great news indeed. But what's the difference between BIT and Winklevoss' Bitcoin Trust ETF filing (not yet approved)?

Is it essentially the same thing? In both cases bitcoin will be (indirectly) publicly traded.

On related subject, there's also first publicly traded bitcoin exchange:

https://bitcoinmagazine.com/19465/breaking-canadian-exchange-quadrigacx-become-worlds-first-publicly-traded-bitcoin-exchange/

Quote
QuadrigaCX, Canada’s largest bitcoin exchange, is poised to become the world’s first publicly traded bitcoin exchange. It is set to trade under the public company name of “Quadriga Fintech Solutions” and its listing has been submitted and approved. Public trading is expected to commence with the Canadian Securities Exchange (CSE/CNSX) ticker symbol “XBT” by early April.
on the same lines, how did BIT jump the Wiklevi and get approved first? They have been trying for ages to get theirs going, without sucess, then out of no where comes another ETF...
They don't have to be different, there are loads of duplicate ETFs and ETCs in other markets, I hope they are both fluid enough though, otherwise if the liquidity is bad no one will want to buy either.
1553  Bitcoin / Bitcoin Discussion / Re: Alert!!! Auction Again!!! What do you think? on: March 05, 2015, 02:05:16 PM
There is nothing special about it. It's exactly the same as previous auctions.

Not sure why some people get excited over nothing.

The only one who benefits from it are the people who get a lot coins for just one price at the auction.
It's the last one isn't it? That makes it somewhat special, the market is free afterwards from the threat of the Feds dumping their coins to drop the price again!
I have a feeling some good entrepreneurs will be involved this time, there is some momentum behind BTC at the moment, not that the price would tell you that!
1554  Economy / Speculation / Re: You can pay your taxes now in BTC?!?!?!?! on: March 05, 2015, 02:03:07 PM
good for all citizen of state of UTAH


Unless your business is almost exclusively done in Bitcoin, why would you want to pay your taxes with Bitcoin?
Are there no separate tax issues regarding bitcoin, capital gains and such, would this be affected if they were used to pay taxes? Sounds a bit unnecessary.
1555  Economy / Gambling / Re: new sportsbetting thread on: March 05, 2015, 01:59:03 PM
the picks are already played or currently playing.

george wash-3 winner
notre dame+4 winner
mississippi st+11 winner
purdue+7 winner
Ucla-ml winner
oregon-1 this game still pending. currently oregon winning by 1.

all 6 games winners. nice
Nice work, I don't know what the odds of all 6 winning were, but it is at least a good start to your thread. I'll be watching the thread for future tips.
1556  Economy / Marketplace / Re: Is there any RISK FREE way to invest your Bitcoins? on: March 05, 2015, 01:55:59 PM
Hi guys i just wanna know is there any risk free way to invest bitcoins so they guaranteed grow
It doesn't matter if interest is low but just want to know if there is some place or site in which we invest bitcoins and our bitcoins are secured and we get guaranteed interest(doesn't matter if low)
please help i am newbie in this Smiley
There is no risk free way to invest anything of any value, so no, there is no way to invest your Bitcoins risk free.
I do have an investment in Just-Dice that I think is about as risk free as it comes, but that can go us as well as down, I guess I mean the house edge is in ma favour and I don't think Dooglus will run off with my money.
can you tell me how to invest in dice sites to earn btcs
Just-Dice is now using clams, so you would have to buy clams with your bitcoin, then move them onto Just-Dice and follow the instructions there. 
Other sites offer investment in Bitcoins, I do not have enough information about them to advise you to use them, or not to use them.  If prime-dice allow investment I dare say they would probably be fine (no advice intended)
1557  Economy / Speculation / Re: How will the US Gov't auction effect the price of bitcoin? on: March 05, 2015, 01:14:21 PM
unlikely to have any impact unless the purchase price is somehow leaked and the market will gravitate towards that number.  usually these auctions winners dont dump the coins on the market after the auction.
I don't think the price is the most important thing, the number of bids and who the buyer is, is more important in my opinion.
If Bill Gates buys in it is better for bitcoin than a nobody buying in a higher price.
1558  Bitcoin / Bitcoin Discussion / Re: Will you buy Bitcoin within the next three months? on: March 05, 2015, 11:13:25 AM
I will be buying bitcoin in the next 3 months.
Due to the tax situation in Germany, I need to keep my bitcoins for one year before I can sell Tax free.  I bought a tranche in December, but I am feeling confident so will buy another lot in the next few weeks.
I just need to keep them separate so I know when I have had each set for a year.  So far with the price falling it wouldn't be an issue, but I hope for some capital gains in the future.
1559  Other / Beginners & Help / Re: Starbucks Accepting Bitcoin on: March 05, 2015, 11:03:54 AM
So I'm pretty new to Bitcoin. It has kind of suprised me that Starbucks doesn't accept Bitcoin. Why is this not a thing? Surely if Starbucks set the trend of accepting Bitcoin other physical retailers would follow.
I have used bitcoins to buy coffee in Berlin, but that was a small independent coffee shop.  At the moment the real world chain shops just aren't getting on board with bitcoin at all.
I guess they have the infrastructure for card payments already, and the staff are trained, they see no need to rock the boat.

I think a medium sized chain, like Cafe Nero in the UK, would be a great testing ground for bitcoin.  I fear almost no one would pay using it though, thus making it a failed testing ground!
1560  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 05, 2015, 10:46:47 AM
when is the auction over?

8 hours and 48 mins from now.

thx....i'm confident there will be no major price drop

You had to ask when the auction was, and are then making a prediction on the market?  Huh Huh

Is it any wonder guys like lambchop have a field day in forums like this.
The results of the auction probably won't be today though, and that is far more important.  If some nice big industrial investor buys a few tranches, then the price will rise, if no one special buys, and the number of bids is low, then the price will probably stick in this lull.

You can probably guess which one I am hoping for!
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