Precisely the point has been in this thread that we don't exchange legal tender for foreign currencies before we spend it, and when we do (e.g. paying for something with our credit card priced in a foreign currency) we spend the foreign currencies immediately so there is no capital gain on legal tender.
First of all, foreign currencies are legal tender. If foreign currencies are legal tender, it means that US citizens can pay taxes with, say, Euro without first converting them to dollars, right? It seems that you're misusing the term legal tender here... |
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No I'm not jewish...
Rockefellers are of English and German descent (if I'm not mistaken). You are obviously confusing them with the Rothschild family. And I was referring to Standard Oil which got dissolved in 1911 and split into 30+ companies for abusing their monopolistic position and restraining interstate commerce... |
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So, he gathers the vendors and asks if they would agree to only sell cakes on the first day of the week, as this is the day when cakes are in demand, further he asks if they would agree to sell cakes for a price of $1 as they are free to set their price. If a majority of the vendors are selling at $1 the buyers will have no choice but to buy cake at $1 after the lower priced cakes are gone; in this way the 'union' of vendors make more money selling their cakes for $1 on the first day when demand is highest; as opposed to selling their cakes individually;
People would switch their consumption from cakes to something else which is less expensive and provides better satisfaction of their needs per dollar of price... Then we'll sell that too for a buck And then FTC (or whatever) comes after you and kicks your ass... Do you stem from a Rockefeller family? |
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Вот только вряд ли им это сможет помочь выйти на уровень глобального продавца/покупателя биткоинов, к сожалению (т.е. действующего по всему миру, как PayPal в своей области, к примеру). Для всех, кроме граждан США, Coinbase пока остаётся только более-менее приличным кошельком... |
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>> Coinbase, являющегося также официальным дилером криптовалюты
что?
Coinbase является официально зарегистрированным продавцом/покупателем биткоинов, хотя и образ "дилера криптовалюты" тоже в определённых кругах может иметь свой вес... |
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Элементарный пример, экскаватор и землекоп совершенно по разному выполняют свои действия, но при этом они делают одну и ту же работу (условно роют траншею), что позволяет нам объективно сравнить их производительность... Я почему против сравнения через флопсы... По твоему примеру землекоп - это как тот суперкомпьютер с какими-то флопсами, его можно к чему угодно применить. А асики - это как экскаватор, который умеет копать только по прямой на глубину два метра и иначе никак. Ну да, экскаватор круче, пока по прямой и на два метра... Изначально вся возня началась из-за того, что кто-то высказал мнение, что вычислительная мощность сети, задействованной для майнинга Биткоина, в 2014 году может преодолеть отметку в один зеттафлопс. Да, может быть это не совсем корректно (а с технической точки зрения возможно, что и вовсе некорректно) напрямую выражать её во флопсах. Однако, во-первых, я считаю, что производительность сети при необходимости всё-таки можно корректно выразить в числе операций с плавающей точкой (условно работа экскаватора выраженная в трудоднях землекопа), и, во-вторых, в чём ещё тогда выражать производительность сети для майнинга в понятных всем единицах? |
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So, he gathers the vendors and asks if they would agree to only sell cakes on the first day of the week, as this is the day when cakes are in demand, further he asks if they would agree to sell cakes for a price of $1 as they are free to set their price. If a majority of the vendors are selling at $1 the buyers will have no choice but to buy cake at $1 after the lower priced cakes are gone; in this way the 'union' of vendors make more money selling their cakes for $1 on the first day when demand is highest; as opposed to selling their cakes individually;
People would switch their consumption from cakes to something else which is less expensive and provides better satisfaction of their needs per dollar of price... |
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For virtual currency to become mainstream, however, it would need regulation, said Gref, who was also reported as saying that virtual currency “‘experiments’ must end in one or two crashes” before they are firmly established. Russia has been relatively silent on regulation of virtual currencies to date I can't simply comprehend how this could possibly go for an "endorsement" to use virtual currencies... Perhaps the thinking is "crash" one was 2011, "crash" two was April 2013, so a crypto is now "firmly established"? :-) The Russian ruble seriously crashed twice in the modern history of Russia (in 1992 and in 1998), so it could easily be that Gref has some reminiscences of that history and would not consider a currency worthy of his attention or regulation if it didn't crash at least once (i.e. currency is still being no more than "experiment"). Maybe, he has a point (or two, lol)... Baptism of blood |
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According to wikip. A tally (or tally stick) was an ancient memory aid device used to record and document numbers, quantities, or even messages. Tally sticks first appear as animal bones carved with notches, in the Upper Paleolithic; a notable example is the Ishango Bone. Historical reference is made by Pliny the Elder (AD 23–79) about the best wood to use for tallies, and by Marco Polo (1254–1324) who mentions the use of the tally in China. Tallies have been used for numerous purposes such as messaging and scheduling, and especially in financial and legal transactions, to the point of being currency. The split tally was accepted as legal proof in medieval courts and the Napoleonic Code (1804) still makes reference to the tally stick in Article 1333.[4] Along the Danube and in Switzerland the tally was still used in the 20th century in rural economies. http://en.wikipedia.org/wiki/Tally_stickThoughts please?Maybe we should also get back to abacus? |
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виртуальной валюты, аналогичной Bitcoin Это примерно как "шалава-девственница"? Есть только один "зелёный" друг, все остальные самозванцы... |
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For virtual currency to become mainstream, however, it would need regulation, said Gref, who was also reported as saying that virtual currency “‘experiments’ must end in one or two crashes” before they are firmly established. Russia has been relatively silent on regulation of virtual currencies to date I can't simply comprehend how this could possibly go for an "endorsement" to use virtual currencies... |
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You could just throw up a copy/pasted google translate of the non-english post along with the original. That way people will know what you are saying, and we are much more lenient when we know you are a non-native speaker.
'Should of' is something native speakers say because they are too lazy to learn the language they speak and do not think about the words they use. The contraction "should've" ends with a sound like "of", and so the ignorant just write it that way.
I know the reasons why people use "should of" and instead of what, but to me it looks more like "sort of". So, when someone writes something along the lines "they should of done this", it often seems to me that the actual meaning being conveyed is that "we somehow expected (hoped) them to do that" with less certainty than the correct wording would convey... Is it only me? |
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1200/30 = 40 posts per day
average constructive post time: 1 min 30 seconds
40 * 1.5 = 60 minutes of posting a day, and more if you do a lot.
0.4 BTC ~$375.
$375 an hour? Not too bad.
Actually, it should be something around 40 * 1.5 * 30 = 1800 minutes or 30 hours or almost 4 full workdays if you aim for 0.4 BTC per month. And yes, it is rather exhausting to submit constructive posts at that speed that would really contribute to discussion... |
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Fiat currency is backed by the threat that if you don't have some to give to the government when they want it, you go to jail.
The US dollar is a promise that you can redeem it - for dollars.
Exactly, a dollar is a bearer bond that can extinguish a Dollar of DEBT, debt in the form of taxation is a big part of that, but also legal tender laws mean ANY private debt can also be extinguished by the dollar. So the dollar is the universal extinguisher of all debts in the U.S. and that is it's backing. I've argue in other threads that the BTC computer network or even the cryptographic code of BTC dose not constitute backing for BTC, because it dose not establish any price or valuation for BTCs. Instead all they do is try to provide limited security against theft, and prevent counterfeiting. So while users can have some assurance they will still posses their BTCs in the future and that BTC will still be rare, theirs no guarantee they will be high priced in the future. Also in response to an earlier statement that 'all goods exchanged or offered for sale for BTC' are a backing, this wrong for two reasons. First all such merchants are free to remove these offers at any time, and second not one single merchant on Earth actually sets prices IN BTC itself, they always make use of the exchange rate and thus they do not act to fix a value for BTC because you can have no confidence that any quantity of coins will ever buy any amount of merchandise. Welcome to a new paradigm. All your economical fiat theory is useless with and does not apply to something like bitcoin. You are dinosaur. No, he is not a dinosaur. He just happens to not properly understand what that "economical fiat theory" is about. Neither is it a new paradigm really (at least in this aspect)... |
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The term "backing" is completely meaningless in the context of Bitcoin. Backing means that a FIAT currency CAN BE REDEEMED for some commodity, since that fiat currency is nothing more than a promise not to inflate too much.
Bitcoin is not fiat, it can't be inflated, and it doesn't rely on promises, so it is meaningless to ask what it is "backed" by.
Backing is about people pathetically pleading to their government to please not destroy the value of the pieces of paper they are forced to use as legal tender, to please ostensibly allow people to trade it for gold or some other store of value in order to build more TRUST. It has absolutely nothing to do with Bitcoin, and that's GOOD.
By backing people usually mean something that gives money real value (beyond just face-value), thus making it useful for them to hold it. If you agree to this definition, then backing is not meaningless even in the context of Bitcoin. And yes, you redeem a token of fiat currency when you exchange it for goods, so it is backed up by the commodities that are denominated in that currency... |
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The idea is that btc will appreciate in purchasing power terms versus other fiat currencies
In that sense it is deflationary and not imlationary
It has inflationary (depreciating) effect on other currencies, meaning their purchasing power will be decreasing as long as it drives them out of circulation... |
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Те, кто регулярно посещает различные ресурсы, посвященные «новинкам» в сферах IT и финансов, наверняка знают, что такое Биткоин и альткоины, однако интересно, сколько вообще людей осведомлены о криптовалютах. Таким вопросом задались в информагентстве Bloomberg и, не долго думая, провели опрос среди американцев. Как оказалось, 42% граждан США из тех, кто решились поучаствовать в телефонном опросе агентства, верно ответили на вопрос: «О чем вам говорит слово «Биткоин»?». http://coinspot.ru/news/zdravstvujte-vy-slyshali-pro-bitkoin/Кто за подобный опрос у нас? У нас за подобный опрос могут дать по голове... |
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МОСКВА, 13 дек — Прайм. Сбербанк теоретически не исключает эмиссии виртуальной валюты, аналогичной Bitcoin, на базе "Яндекс.Денег", сообщил журналистам глава крупнейшего российского банка Герман Греф.
"У нас есть "Яндекс.Деньги, пока это не эмитируемая валюта, это первый шаг в эту сторону. Мы не спешим с этим. Сама технология нехитрая, надо посмотреть весь коммерческий смысл и привлекательность для клиентов", — сказал Греф.
Он отметил, что если будет большой спрос на виртуальную валюту, то не исключено, что Сбербанк будет двигаться в этом направлении.
Я понял, это у них такая хитрая тактика по дискредитации биткоина. Бабушкам он нафиг не нужен, а остальные от Спёрбанка стараются держаться подальше... Вместе с тем, по мнению Грефа, для таких глобальных валют необходимо глобальное регулирование. "Мир уже не остановить, он пошел в этом направлении, и я думаю, что те грандиозные эксперименты, которые проходят с Bitcoin, должны закончиться один-два раза крахом с тем, чтобы было выработано глобальное регулирование, — сказал Греф.
Какой подлец! |
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The government cannot force anyone to accept a given price for bitcoins. That is the equivalent of the government setting the global price of gold, which is impossible, but even more difficult as bitcoins are anonymous and transactions are even harder to track. This scenario could never happen.
This is exactly what happens in China, the CNY is effectively pegged against the USD. My point is more about the actual immunity to inflation that bitcoin is supposed to have rather than government control. Bitcoin is open source and any alt coin that gets significant traction is going to dilute the digital money pool, thus leading to inflation. The immunity to inflation assumes that there is a fixed supply of currency, but as anyone can make a new currency then surely the theoretical possibility for inflation is actually infinite. TIL Bitcoin was built on the premise that it magically prevents inflation of other currencies. If you mean by inflation of other currencies their depreciation (i.e. decline in the purchasing power), then in reality Bitcoin will contribute to this instead of preventing. And where did you really get the notion that Bitcoin had been actually built on such premises (even if they are wrong)? |
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Мы же говорим за целочисленную арифметику, реализуемую посредством операций с плавающей точкой, правильно?
Не правильно. Целочисленная арифметика реализуется посредством отдельных целочисленных операций, производительность которых, в общем случае, никак не связана с производительностью операций с плавающей точкой. Типичный пример: видеокарты Nvidia и AMD, у которых соотношение между производительностью целочисленных операций и производительностью операций с плавающей точкой сильно отличается. Производительность целочисленных операций может быть никак не связана с производительностью операций с плавающей точкой, но данный факт отнюдь не мешает нам её (производительность) сравнивать посредством реализации одних и тех же алгоритмов двумя различными способами. Элементарный пример, экскаватор и землекоп совершенно по разному выполняют свои действия, но при этом они делают одну и ту же работу (условно роют траншею), что позволяет нам объективно сравнить их производительность... |
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