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1021  Economy / Speculation / Re: Bitcoin price prediction 2014 (from april) highly accurate on: July 24, 2014, 10:56:27 AM
Really interesting reading thanks I have missed it before. This chart seems much closer to reality than most of the other, I hope to see 2500 soon.

It was interesting but if the price could stay that low a bit more so we can accumulate some more it would be better Grin
1022  Other / Off-topic / Re: Do you really earn more money because you went to college? on: July 24, 2014, 10:55:26 AM
I'm currently going to University to be a pharmacist.. I hope I earn more money!

I once knew a pharmacist. He made really good money if I remember right. He didn't have a permanent full-time job, but he would fill in at various pharmacies in the area once or twice a week and still seemed to live really well.

Not a bad life. Working only 1 or 2 days a week and having the rest for yourself would be pretty good. Sort of like the opposite of what normal people have to go through. I wonder why more doctors, surgeons, bankers, etc. don't do this. I know a dentist who is 62 but is still working at his own clinic for the past 30 years. He even works on Saturdays and works until 5 o'clock. With that sort of income, I would have paid off my student loans and retired in my 30's.

Maybe it's not money they are after, did you think of that? Wink
1023  Other / Off-topic / Re: Do you sometimes wish internet was never invented? Wouldn't your life be better? on: July 24, 2014, 10:54:35 AM
i would have not got involved in hallucinogenic drugs, and fucked up my life.
You got involved in that because of the internet?

A downside is that I wouldn't be able to watch Tomorrowland live right now.

yeah because i'm no good at meeting friends

Learn to get better, put yourself in the situations you don't like and you will get confortable in these situations soon enough

I spend on average 12-14 hrs online 7 days a week. If there were no internet I'd be playing/walking/daydreaming in the woods all day long  Cheesy
I love the internet and everything but I wouldn't miss it at all if it were to suddenly disappear  Wink

You wouldn't miss it even if you spent 12-14hours online everyday 7days a week?

Have noticed you miss some real social connections when you spend too much time online and connections face to face should be prioritized
Most people don't notice it but we are actually almost all affected by this. Socialization is slowing vaporizing.

Social skills are going down and people spend way too much time connected, it has been proved that it could be a source of depression
Just about everywhere I go, I see people on their smartphones...on the bus, walking down the street....  A couple weeks ago, I saw someone sitting on their front porch in the middle of a beautiful day, just staring at their smartphone.  It's so sad--people miss so much beauty because they're buried in their phone.

People do miss out because of staring at their phones, suggest shutting down your phone when you are with friends, people highly appreciate it
1024  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: July 24, 2014, 10:52:40 AM
100% have to go with bitcoin on this one!

Bitcoin has more upside potential but Gold seem like a very safe/potentially high rewarding investment; it won't go down 80% easily
1025  Bitcoin / Bitcoin Discussion / Re: Do you USE your BTC? on: July 24, 2014, 10:51:57 AM
Gambled my BTC and lost!

Many are probably in my case
1026  Economy / Economics / Re: Global Financial Crisis scenarios on: July 24, 2014, 10:51:31 AM
If you had $1000 in the bank, and they may print a bunch of new money in a few years that $1000 will be worth about $600 today. Bitcointalk would skyrockets soon.

I hope so too, but I am skeptical. I remember a few years ago people were predicting gold price to be $2000-$5000 by now. Well, it did not happen.

Yet because the Gold market is highly manipulated by the US government and big banks, the market will see clearly that the USD will be printed exponentially and the price of Gold will go up tremendously

Patience! Some US officials seem to want to create a war to hide the upcoming problems, Gold will go up in price to new highs
1027  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 24, 2014, 10:48:54 AM
Why the fuck are we going down??

1w MACD beginning to look nasty though
I'm checking out if we go into a bearmarket

Lots of coins find their way to the market, maybe american bitcoiners want to go to holiday this year and they need to unload their bitcoins
1028  Economy / Economics / Re: Global Financial Crisis scenarios on: July 19, 2014, 08:55:56 PM
Market are still the most efficient and when the State intervenes the prices go up, the service quality and innovation go down
I mostly agree.  However, there are times when free markets get out of control (bubbles and crashes), and some limited state intervention may be required to let a little air out of bubbles and "soften the landing" when markets crash.  Like a lot of people, I think governments went way overboard after the 2008/9 recession, but I do think that some kind of response was necessary during the crisis to keep things from spiraling further out of control.

The real estate bubble has been created by the low interests rates from the FED in 2000s and they blew more air into the bubble in recent years with 0% interest rates which means the crash will be bigger and more painful that it would have been if only they allow it to happen to destroy the bad debt
1029  Bitcoin / Legal / Re: I didn't pay capital gains tax on bitcoin sales to IRS today on: July 19, 2014, 08:15:55 PM
If a producer of food were to not adhere to food safety rules then consumers could potentially die. This would likely result in the producer going out of business. With regulations this could be prevented.

The regulations and regulators must be paid for with taxes
It is a shame that people pay the taxes because that DOES support regulation and that DOES prevent it from happening.  As a result more people are alive (which is good), but there are loads of food producers that don't create healthy food and are slowly killing everyone (which is bad, and outweighs the good of those few still being alive by several magnitudes).  If we stopped supporting the regulation, we could get rid of the bad actors because they would no longer be protected from their small, agile, and often healthier competitors.  Free the market, and you end up improving the world.  Regulate it, and you make it more fragile. 

Speaking of which, I just read and enjoyed Nassim Tableb's "Antifragile: Things That Gain From Disorder."  I recommend it!


A lot of people (who don't pay/file taxes) make this argument. If you don't believe in paying taxes then how would food safety be paid for, or how would national defense be paid for?

Food safety is the responsible of both consumer and producer. And national defense alone don't cost 30%+ income from everyone in the country.
If a producer of food were to not adhere to food safety rules then consumers could potentially die. This would likely result in the producer going out of business. With regulations this could be prevented.

The regulations and regulators must be paid for with taxes

Food safety rules and regulations are written to support big commercial farms and in turn target and burden family farmers especially regarding sustainable and organic farming, and thus reduce the availability of fresh, local food in our communities. The over-regulate rules cost farmers their profits and keep beginners from starting to farm.

Music to my hears

The vast majority of regulations are unnecessary, contre productive and/or implemented because of corruption or for an other bad reason; the more regulation you have the more difficult it is for the small companies and the newcomers that is why most big corporations love regulation and big government
1030  Other / Off-topic / Re: Do you really earn more money because you went to college? on: July 19, 2014, 02:40:52 PM
Going to college actually spend more money then making more money. You can use the 5 years time in college to work as anything and most probably manager level after 5 years.
700 euro per year for 5 years = spending more than earning? Hm.
This might be in the US, but only insane people go live there.  Cheesy

700euros per year for college means people that don't go to college pay for people that do go for college, poor innovation, poor quality, lots of waste, bad administration and a useless degree at the end because too many people will get a degree

You lost the money you could have earned in 5years, the skills and connections you would have got as well
1031  Local / Échanges / Re: Exchange préféré des français ? on: July 19, 2014, 02:35:02 PM
Je pense qu'il faut être canadien en plus

Bitcoin-central est beaucoup utilisé et marche bien pour l'instant; bitstamp a un meilleur volume et une meilleure liquidité

Il faut relativiser, les volumes sur les dernières 24h :
bitstamp         :  11 000
bitfinex           :  18 000
kraken            :   1 500
bitcoin-central :      100

Merci pour ces stats, je sous-entendais "par les français"; j'ai bien ajouté : "bitstamp a un meilleur volume et une meilleure liquidité"

Pour moi, il y a deux cas :
 1. Echange € / btc.
 2. Trading €

Dans le premier cas, il faut que ta banque accepte de faire le virement vers l'exchange. Je pense que toutes les banques française acceptent les virements sepa vers bitcoin central ou vers kraken, c'est moins évident vers bitstamp ou huobi. Mais c'est à voir au cas par cas, suivant la banque et l'exchange

Dans le 2° cas, une fois que tu as des bitcoin, tu peux les transférer vers n'importe quel exchange et faire du trading. Un exchange chinois pour avoir des fees nuls est par exemple intéressant pour des day traders.

Ce qui m'intéresse dans ce sondage, c'est le premier cas. Bitcoin average donne des stats sur les volumes des différents exchanges, mais les volumes concernent les deux cas ci-dessus, et les stats sont pour les €, aucun moyen d'avoir des stats sur les euros français qui sont échangés avec des bitcoins.

Crois pas qu'il y aie de problèmes pour faire des virements vers Bistamp, il faut avoir un compte vérifié, ce qui n'est pas très compliqué; le volume et les frais sont parmi les plus bas

Bitcoin-central marche bien aussi mais avec moins de volume donc des écarts de prix plus importants



De mémoire, les fees bitstamp sont de 0,50%. Ils sont de 0,20% chez kraken.

Pour Bitsamp :

Fee %   30 days USD volume
0.50%   < $500
0.48%   < $1,000
0.46%   < $2,000
0.44%   < $4,000
0.42%   < $6,500
0.40%   < $10,000
0.38%   < $15,000
0.36%   < $20,000
0.34%   < $25,000
0.32%   < $37,500
0.30%   < $50,000
0.28%   < $62,500
0.26%   < $75,000
0.24%   < $100,000
0.22%   < $150,000
0.20%   > $150,000
1032  Economy / Economics / Re: Solution to poverty - Socialism or Capitalism? on: July 19, 2014, 12:29:52 PM
Solution to poverty = practical education.

When there are people who create wealth, then there is wealth. Wealth is what farmers farm, miners mine, engineers create and scientist invent. Socialism cultivates an collective society, where capitalism cultivates an individualistic society. The biggest drawback of most socialist countries is central planning and over regulated markets.
A country tends to be wealthy when those who create wealth are valued. I think that both tradition and cultural background are the biggest factors for poverty.

This is true.

The issue is that a lot of people are just too lazy to want to work and earn their way

Lack of motivation is the symptom of socialism and not the cause.



The bigger the government the bigger the corruption and the waste; they look only at what they will get but not at the cost or how better the money could have been used

The solution is to have non coercitive exchanges in free markets
1033  Local / Échanges / Re: Exchange préféré des français ? on: July 19, 2014, 12:28:03 PM
Je pense qu'il faut être canadien en plus

Bitcoin-central est beaucoup utilisé et marche bien pour l'instant; bitstamp a un meilleur volume et une meilleure liquidité

Il faut relativiser, les volumes sur les dernières 24h :
bitstamp         :  11 000
bitfinex           :  18 000
kraken            :   1 500
bitcoin-central :      100

Merci pour ces stats, je sous-entendais "par les français"; j'ai bien ajouté : "bitstamp a un meilleur volume et une meilleure liquidité"

Pour moi, il y a deux cas :
 1. Echange € / btc.
 2. Trading €

Dans le premier cas, il faut que ta banque accepte de faire le virement vers l'exchange. Je pense que toutes les banques française acceptent les virements sepa vers bitcoin central ou vers kraken, c'est moins évident vers bitstamp ou huobi. Mais c'est à voir au cas par cas, suivant la banque et l'exchange

Dans le 2° cas, une fois que tu as des bitcoin, tu peux les transférer vers n'importe quel exchange et faire du trading. Un exchange chinois pour avoir des fees nuls est par exemple intéressant pour des day traders.

Ce qui m'intéresse dans ce sondage, c'est le premier cas. Bitcoin average donne des stats sur les volumes des différents exchanges, mais les volumes concernent les deux cas ci-dessus, et les stats sont pour les €, aucun moyen d'avoir des stats sur les euros français qui sont échangés avec des bitcoins.

Crois pas qu'il y aie de problèmes pour faire des virements vers Bistamp, il faut avoir un compte vérifié, ce qui n'est pas très compliqué; le volume et les frais sont parmi les plus bas

Bitcoin-central marche bien aussi mais avec moins de volume donc des écarts de prix plus importants
1034  Other / Off-topic / Re: Do you sometimes wish internet was never invented? Wouldn't your life be better? on: July 19, 2014, 12:26:50 PM
I spend on average 12-14 hrs online 7 days a week. If there were no internet I'd be playing/walking/daydreaming in the woods all day long  Cheesy
I love the internet and everything but I wouldn't miss it at all if it were to suddenly disappear  Wink

You wouldn't miss it even if you spent 12-14hours online everyday 7days a week?

Have noticed you miss some real social connections when you spend too much time online and connections face to face should be prioritized
Most people don't notice it but we are actually almost all affected by this. Socialization is slowing vaporizing.

Social skills are going down and people spend way too much time connected, it has been proved that it could be a source of depression
1035  Bitcoin / Legal / Re: I didn't pay capital gains tax on bitcoin sales to IRS today on: July 19, 2014, 12:25:16 PM

A lot of people (who don't pay/file taxes) make this argument. If you don't believe in paying taxes then how would food safety be paid for, or how would national defense be paid for?

Food safety is the responsible of both consumer and producer. And national defense alone don't cost 30%+ income from everyone in the country.
I don't live in the USA, but the immense oversized army the thing has can bring a man thinking where the money comes from, they could easely cut in such relatively unimportand matters, but who am I?



You could make a long list of money spent badly and wasted for the average joe, the solution is to have a small government budget because you will have less power to sell so less occupation and less money to waste
1036  Economy / Gambling / Re: What is the best bitcoin casino? on: July 19, 2014, 12:23:48 PM
I like PrimeDice

dice-da.me is good for those with lots of alt-coins..

RitzGrandCasino has a little bit bad design for me..

CloudBet is my favorite!

They even have a live casino stream with a girl spinning roulette, the numbers she gets are the winning numbers

I really love their website Smiley

RGC : the visuals are too dark

PD is great!

Cloudbet is nice, and SwC for pok.er
1037  Other / Off-topic / Re: Do you really earn more money because you went to college? on: July 19, 2014, 12:22:59 PM
NO, it depends on country you live in, highly educated people from my country are washing dishes in Germany, because they got more pay than for teaching at our University Cheesy Cheesy  Undecided Cry ...... Shocked

The thing is you make more money when you go to college but it costed you lost of income and tuition fees and you make more money because you are likely to be smarter, more connected, from a more affluant family and more eager to succeed plus everyone knows that because you went to college
1038  Economy / Speculation / Re: Bitcoin will plummet to $10 by first half of 2014 on: July 19, 2014, 12:20:09 PM
Let this thread fade away gracefully.


I would consider closing it might be a good idea, but at bitcointalk.org most topics get left open.
It stands as evidence showing how wrong the Bears can be.  Smiley

OP should come back and say he was wrong and mods should CLOSE IT down Smiley
1039  Economy / Economics / Re: $50k to Invest - Convince Me! on: July 19, 2014, 12:19:34 PM
If you don't need that money or don't plan on using it for some time then go ahead and invest it. Bitcoin price will rise it's just a matter of time, when exactly, I don't know but it will. Simply because more people will use it, more it will be needed. It's logical next step in evolution of internet.

If he only has 50k$ to invest and don't plan on having way more soon he should diversify a little bit : bitcoins, gold, other natural ressources
1040  Economy / Speculation / Re: $10,000 when? on: July 19, 2014, 12:17:55 PM
If you do the math is almost an obligation that the price goes a lot higher as the supply shrinks daily at ridiculous speed, and there's only more and more demand.

Yes and when the market will understand that the USD is doomed and USA/Europe will print to save the bank deposits and/or their banks Bitcoin will seem stronger and more reliable to most and the price of BTC will rise tremendously
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