1. I offered collateral.  
2. I insulted people who insulted me, if you can't stand the heat stay out of the kitchen. You can't expect to be offensive and not be offended in return. Real life isn't a safe space.
3. I started posting less because of the psychos at this board( common enough with geeks probably because of self-esteem issues/being picked on growing up). But when I was really posting those posts were popular, it is still a popular threads on bitcointalk(up to 8 pages now). It's a sad thing that you discourage new members from participating and you treat a discussion form about a coin that is supposed to be about among other thing 'freedom;, as some nazi rule laden byzantine place.

4. I will 'leave' the forum when I feel like it (or if you crybabies ban me after this post) and then I'll make a new name(if I don't already have one made as a back-up) and post under a different IP hahahaha,muhahahahahaa.  

You should sell your ETH soon IMO, althougn not a cryptocurrency expert.  The company behind Etherum is planning to dump ETH with a hard-fork called Casper and they have a 'difficulty bomb' in etherum planned which I would think will make the price drop.

Also Etehrum isn't that great of a cryptocurrency, it just presents well; if you look deeper into it doesn't really make sense, having to buy digital money to develop apps. Bitcoin is a better currency because it was designed to be used as a substitute for money.

Just my advice and also who cares if you can't sell it because you live in NH.  Just find a solution or go to another state, rent a hotel room and sell it there or figure out some solution, because in the worst case you are going to lose even more.

 I have a negative trust rating, despite the fact I have never traded

How is this possible?  It seems like an abuse to me. Also I have no idea who gave me this negative rating; although I suspect that I was given this negative trust rating from psychotic users after I asked for a loan and they accused me(with zero proof) of trying to scam users (which I wasn't and as result of their abuse did not seek a loan anymore) and also I've seen many other newbies attacked when they asked for loans no matter how small or how much collateral they provide.

I find this very unfortunate and as result now I don't really want to use bitcointalk. I have participated alot after I started the account and one topic I started has over 150 replies and over 1000 views.  But I don't want to participate when I have a big smear on my username and one unfairly added.

I hope this is fixed.

Yes I am a highly educated 15 year old Harvard graduate.   Listen monkey your genius response while awe inspiring is wrong and nice try to spin things around to make me look like the bad guy.
It's you crazies who are weird and likely have no life because you have nothing better  to do despite having -zero connection- to harass me.  

Why would I give you losers proof and divulge my private information? lol its not that hard to believe.. im not saying as a noob i got a 10k bitcoin loan

Scarcity is an overstated reason for living conditions and also is an assumption.

Many third-world countries are rich in resources and resources, like Mexico, Venzeula(one of the top 10 largest oil reserves), Africa has alot of resources, India has a significant amount and yet they are  third-world. 

Compare this to Japan it has virtually no resources and is the third largest economy on the planet.   

What determines economic well-being of a nation and population is not resources, it's how they manage their countries. In INdia, Mexico, Vezenual, they are uncivilized, have a poor rule of law, disorganized, high crime rates,overpopulation and so on.  They don't as human beings do what is necessary and act in the appropriate way and make the right decisions in life and how they rule their nations in order to have a higher standard of living; it has almost nothing to do with scarcity.

I already explained the purpose, do you drool when you talk? Do your arms hit the ground? Again I don't know how many times I have to explain, I moved on from this. I don't think this is registered in the monkey brains of the users here.

FYI; I did get a micro-loan on another forum... and *gasp*.. over 100 dollars and as a 'newbie'. OMGGGGG  

It's not part of the lending criteria, it's a formal question that is sometimes asked, but the answer has very little significance on the outcome.  I am sorry that you think 300 dollars is alot, I am starting to think that I should start a charity for bitcoin users. Apparently they are are very poor.  

Again another pyscho response. I don't know how many times I have to reiterate to you morons, I moved on.   But again keep giving your unwanted opinions they are entertaining.

exactly, there is a little squadron of posters on this forum who act like the BTC police and go pyscho trying when people make loan requests. They probably have nothing better to do with their life.

374 dollars is chump change lmao.  It's not a loan for a loan; again I should have dumbed it down.  I should have said something like I am going to use it to change the world and take down banking industry or free edward snowden or buy a bunny or  something silly like that. A loan is a loan, it's irrevant what you use it for; but I guess to some people here that matters alot in their little brains and if they can comprehend why you are using it and if they can't that draws' red flags'

I've gotten 10k loans in real life and approved up to 30k; but hey maybe btc users are poor so a few hundred dollars is considered alot.  It makes sense btc users are poor as they are trying to use fake money as some sort of scheme to replace real money.

 Like I said I moved on because of the pyscho/weird responses.  So if people want to keep responding and moaning and going on about whatever as if I killed someone or as if I took a micro loan and didn't pay it back;  I don't really care

maybe it's not a microloan in the 3-rd world country you live in lmao.

I already gave up on a micro-loan because of the pyschos like you  responding. Don't you have anything better to do and your not the lender.
 The lenders I asked like normal civilized human beings had normal civilized responses to my requests and one even answered a pm and invited me to apply in the future once I had establish a rep.

But because of annoying people like you who won't mind their own business, it's not worth trying.  People like you give BTC a bad name and why people stay away from it and see it as weird/fake.

Merry christmas to all the noobs!! 

I don't know what the politics of bitcoin talk is but I would say I agree with all your points but the last two.

Is technology really good?  Think about the level of effort and sophistication it takes to use the internet or technology now without your privacy being intruded on.  You might need special emails, rarely use your real name, use special plug-ins, config firefox, use a vpn and even all that you may miss some detail.  Tech companies have you agree to user agreements, can change them at any time, are vague, major companies like facebook/google outright spy on users and then lie about it whereas the user assumed their privacy was protected(i.e android location), profiles are built on people who don't even have accounts.  Technology also makes it easy to look up anyone and find out private and personal details that maybe is best kept private.  

I would say in many ways technology degrades, google search and technology in other ways used to be a means of education, learning and it was focused on high quality search results. Now google is crap and what are you going to do about it? It has 90 percent of the market share and search results of competitors aren't that good. Instead of watching a two hour film that requires some focus and concentration you watch a two minute youtube video, youtube is even considered a 'culture'.  The interconnectivity and great data monitoring capability of technology allows virtually every aspect of your life from what you learn to what you watch to your friends to health records to bank information to be known by those outside of those areas and shared easily.   Also the automation of things dumbs people down and removes them from having control.  

Also at a certain point excessive consumption in technology, computers, smart phones is excessive and people confuse what they see on the internet or their smart phones as reality and they don't engage in the real world.  

On one hand a strong element of technology relates to those who control/use it; alot of the problems we have today is because major corporations with little competition and oversight control technology and can abuse it without the users doing much about it.  At the same time in itself generally I would not say technology is good exactly. i would say it's useful, interesting but it has it's limits.  

Humanity should dominate the universe:..   What do you mean exactly? Do you mean all the solar systems, galaxies or that humanity should just dominate existence in itself?  Humanity dominates the earth, don't we already dominate the universe?  It depends I guess what you mean by universe.

I would say that that is probably not a good thing. Humanity dominates the earth and what has it brought the earth? Massive pollution, environmental degradation, overpopulation, wars, genocide.  Compare human beings to an animal, (although some say humans are animals), regardless we are the most advance being in the universe and  the only sentient one.  People compare humanity to nature, the laws of the jungle, to the state of nature and hold ourselves above the fighting and violence of animal and pointlessness of an instinct based life.  

Animals may kill one another for food but no animal has ever wrought the bloodshed and destruction human beings have and not only consciously for no point or reason murder one another but throughout history have done so on a massive scale(war) and also animals don'tcommit crimes, rape one another and so on.  The human being is smarter and more sophisticated than an animal, but he hardly has the morals or composure to be above one.

If humanity dominated the universe like it has earth; it would be a continuation and spread of all it has done here.

P.S. MERRY CHRISTMAS

Let's say there was anarchy in the united states, there was a civil war, the government collapsed, chaos ensued.  There was also no laws, no rules, no government and no central bank.  Although there is still us dollar there is nothing safe or stable about it.

Do you think bitcoin would do well in anarchy? 

School/education serves three purposes in my opinion.

One is to provide knowledge, learning, information and other instances skills, critical thinking.  Although I would say that our school system sorely lacks on this front now and standards of education and knowledge have really diminished.  

Two is economic reasons. The reality is that most people who go to college do it to make more money.  Either just that piece of paper and also a high school degree(vs not having one) means that you will earn substantially more money in your life time. Also you might learn something or more likely from your experiences and what you make of college have some sort of skill that you carry on with you.


Three,  Indoctrination/brainwashing. Society uses institutions(which school/higher education is) to condition people and you could argue in some ways this conditioning is positive at least for the 'society'.  If everyone has a certain standard, they agree(or are forced to out of fear of consequence/shame) to follow certain norms that makes it easier to get along and also for the society to be more productive right?   Education basically conditions people and their behavior and it prepares them for a long life working and being compliant with the government/society/systems.  Even if some tolerance/dissent is allowed it is just that, it's allowed so that can people say what they think and discuss instead of acting on it and to create the illusion that the society is open when in reality the institution and principals and rules of society are very rigid are considered the 'right' ones.

Also college engages in brainwashing students as well now, although this is more political and in my opinion because of a political faction that has a large influence in college and so now people are brainwashed to have a certain ideology and allegiance based on that ideology

It's under forum rule 18

"Having multiple accounts and account sales are allowed, but account sales are discouraged."

https://bitcointalk.org/index.php?topic=703657.0

The interest rates that banks use is essentially made up out of thin air, most interest rates are based on LIBOR (which has been known to be manipulated, google scandal) and this is the rate that banks charge one another on private markets to borrow from each other.   Also if you notice another thing is that the fundamental premise of banking is simple right?

Bank takes deposits and then they loan the money based on those deposits; but in reality they will loan far beyond what they get from those deposits and they get that money from the federal reserve and borrow it from other banks.  

Since no one bank(except maybe a local bank or credit union) is totally self-sufficient including large ones, they all borrow from one another and that constant borrowing back and forth as well as enough money to sustain keeps banks solvent.  Wouldn't this mean too that this co-dependence and reliance on inter-bank lending theoretically could mean the entire banking system could collapse?

One of the forms that they do this is called 'commercial paper' and in the 2009 recession commercial paper which is exchanged in huge volumes(billions) it started to default and borrowers couldn't it pay it back and this along with the bank's huge losses from derivatives put the entire system at risk of collapse,hence justification for the nearly trillion dollar bailout.  

Fed



Also little known thing, that the fed loans money to private banks at a lower rate than they pay interest; so banks can borrow money from the fed, then put it back in the fed and earn a profit.  

Also one of the things that you learn in economics is that the fed can engage in quantitative easing and other measures where they print money or literally add zeros to the accounts of major banks and buy the government bonds(mostly traded by banks) therefore profiting banks further.

The federal reserve is supposed to serve the public but the reality is that it's a semi-autonomous bank and most of the regional chapters are all headed by bankers and none of the leaders are elected.  

Also who do you think the biggest owner of government debt((bonds,treasuries) is?  It's not China or any foreign government. It's the federal reserve, they own about 40 % of all u.s debt.


The idea of bitcoin is private ownership, you/your computer is your bank account. But there is no decentralization(with small exception) exchange, what if the crypto world went beyond currency and into banking or some other form of system?  Cryptocurrency can never deliver the full dream of privacy/freedom as long as it has to rely directly or indirectly on the banking system.

What do you mean 6 percent? Do you mean exactly or in general? 

Also little known thing, that the fed loans money to private banks at a lower rate than they pay interest; so banks can borrow money from the fed, then put it back in the fed and earn a profit. 

Also the interest rates that banks used is essentially made up out of thin air, most interest rates are based on LIBOR (which has been known to be manipulated, see scandal) and this is the rate that banks charge one another on private markets to borrow from each other.   Also if you notice another thing is that the fundamental premise of banking is simple right?

Bank takes deposits and then they loan the money based on those deposits; but in reality they will loan far beyond what they get from those deposits and they get that money from the federal reserve and borrow it from other banks. 

I would offer some bitcoin that I already have. I am not really sure how it works.

1. Speculative/trading/buying coins hoping to get rich.

2. As a medium of exchange, currency to buy stuff just like you would for money.

3. As a means in itself to make money, i.e mining.

Also why did you get into bitcoin?  

1. You were one of the first movers? You thought it was cool, interesting, you were here from the start?
2. Revolutionary ideas that it's going to change the world, banking system, etc.
3. You were just curious and then the more you looked into it, you saw how cool it was and promising(me).
4. Speculation, wanting to get rich.