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2681  Bitcoin / Bitcoin Discussion / Bitcoin ATMs spreading very slowly it seems... on: September 04, 2015, 02:54:02 AM
...

Every month or so I check the couple of websites (showing BTC ATMs) as well as the Facebook page re the International Bitcoin group.

But, I am dismayed that these BTC ATMs (I saw "BTMs" written elsewhere, clever) do not appear anywhere near my city.

Maybe BTC is not catching on?  Or have they changed the rules FORCING showing ID?  (The one BTM I used in NYC required no ID).


How are BTC ATMs catching on (or not)?
2682  Economy / Economics / Re: It will soon be 2015.75, whither Bitcoin, etc? on: September 04, 2015, 02:41:45 AM
...

Well, it looks like the UN has its own plans, starting in September 2015...:

http://www.zerohedge.com/news/2015-09-03/2030-agenda-month-un-launches-blueprint-new-world-order-help-pope

Snip:

Did you know that the UN is planning to launch a “new universal agenda” for humanity in September 2015?  That phrase does not come from me – it is actually right in the very first paragraph of the official document that every UN member nation will formally approve at a conference later this month.  The entire planet is going to be committing to work toward 17 sustainable development goals and 169 specific sustainable development targets, and yet there has been almost a total media blackout about this here in the United States.

More (dates in bold mine):

...dream of a world of peace and dignity for all,” according to Secretary-General Ban Ki-moon.
 
“Today is the start of a new era. We have travelled a long way together to reach this turning point,” declared Mr. Ban, recounting the path the international community has taken over the 15 years since the adoption of the landmark Millennium Development Goals (MDGs) towards crafting a set of new, post-2015 sustainability goals that will aim to ensure the long-term well-being of our planet and its people.
 
With world leaders expected to adopt the text at a 25-27 September summit in New York, the UN chief said Agenda 2030 aims high, seeking to put people at the centre of development; foster human well-being, prosperity, peace and justice on a healthy planet and pursue respect for the human rights of all people and gender equality.


Groan, look at all the buzz words...:

The heart of the 2030 Agenda is a set of 17 Sustainable Development Goals…

Goal 1 End poverty in all its forms everywhere

Goal 2 End hunger, achieve food security and improved nutrition and promote sustainable agriculture

Goal 3 Ensure healthy lives and promote well-being for all at all ages

Goal 4 Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all

Goal 5 Achieve gender equality and empower all women and girls

Goal 6 Ensure availability and sustainable management of water and sanitation for all

Goal 7 Ensure access to affordable, reliable, sustainable and modern energy for all

Goal 8 Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

Goal 9 Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation

Goal 10 Reduce inequality within and among countries

Goal 11 Make cities and human settlements inclusive, safe, resilient and sustainable

Goal 12 Ensure sustainable consumption and production patterns

Goal 13 Take urgent action to combat climate change and its impacts*

Goal 14 Conserve and sustainably use the oceans, seas and marine resources for sustainable development

Goal 15 Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss

Goal 16 Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels

Goal 17 Strengthen the means of implementation and revitalize the global partnership for sustainable development



Government (at the international level) is not dead...
2683  Economy / Economics / Re: Economic Devastation on: September 04, 2015, 02:34:51 AM
...

Been on vacation, amigo.  Did not mean to irk you.

I DO wish I still had my copy of S. Homer's book.  A master of detail, even more do that Reinhardt and Rogoff's book on financial crises (over the past 800 years).
2684  Economy / Economics / Re: Economic Devastation on: September 04, 2015, 02:26:21 AM
...

History does not repeat, but it does rhyme (Mark Twain).

Sidney Homer "wrote the book" on the history of interest rates for the past 4000 years, not an easy read:

http://www.amazon.com/History-Interest-Fourth-Edition-Finance/dp/0471732834

I wonder if Armstrong has looked that far back?  (I do not know)
2685  Economy / Economics / Re: Economic Totalitarianism on: September 04, 2015, 02:12:05 AM
Nietzsche's point that the highest ideal of Christianity is the destruction of most of mankind  - -

- - only shows how mistaken he is regarding Christianity.

The highest ideal of Christianity is that God became man to make man God.

Haven't heard it this way before. Very poetic, good sir.

"Thy Kingdom come, Thy Will be done, on Earth, as it is in Heaven"
"As above, so below"
The six pointed star (interlaced triangles pointing up and down) represents this ideal too.


Why, vokain, that almost sounds like Emmet Fox.  Bravo.

As above, so below.

But, all of this has to come from WITHIN.  Let those who do not believe do so in peace.  And it's even better to pray for them.  And that has a double-good effect.
2686  Economy / Services / Re: Up to 0.035 BTC weekly for YOUR SIGNATURE *New rules on: September 01, 2015, 05:41:21 AM
...

WhiteManWhite

Speaking just for myself, I had to wait a full week after joining the campaign to be paid (so be looking about September 2).  And, bitmixer limits payments to a maximum of 50 posts per week, so max payment would be BTC0.035 per week.

bitmixer uses a robot that works very well.  I am happy with their campaign (I also am in it because I use their excellent service).
2687  Economy / Economics / Re: Economic Devastation on: September 01, 2015, 12:55:33 AM
But its impossible to tax the rich from a practical standpoint since every new tax you put on them will just simply be outsourced to his employees or customers.

The only solution to taxing the rich is to nationalize everything, which will obviously be a catastrophe as we know the government is unable to drive the economy at all.

So communism (as in central planning) doesn't work, socialism (currently used) is on the decline.

It is certainly not impossible to tax the rich just ask any rich person.
Businesses are only able to pass on a portion of new taxes to their employees and customers (see link below for why)

http://foundationsofecon.blogspot.com/2011/06/businesses-cannot-simply-pass-on-taxes.html?m=1

Increasing taxes does lead to increasing centralization and reduced dynamism in the overall economy.

Why do you say socialism on the decline? Unsustainable in its current form sure. Far from petering out socialism seems set to grow dramatically over the coming years.



I suspect taxation will increase for a while as well as Socialism continuing its march to devastation.  I agree that it is the productive sector (the active participants in the Knowledge Age) that is the only real solution to our worldwide economic problems.

But, intrusive government looks very likely for at least some time.

Government dictatorship is one of the very ugliest set of scenarios facing us.  I hope TPTB's project is a step on the long & hard road to eventual freedom.
2688  Economy / Economics / Re: The Real Story of Gold on: September 01, 2015, 12:46:55 AM
...

My understanding of the COMEX gold settlement process is very scant, but IIRC, I believe they can settle in cash in extremis (that is, no physical gold for you if they don't have it or want to give it up).  It's in their rulebook I once saw quoted at Zero Hedge.

Also, there appear to be onerous delivery requirements for physical gold & silver deliveries (certain warehouses only, use of Brink's and similar, etc.).

Physical gold <> paper gold.  

Maybe that should be:

physical gold <<<>>> paper...
2689  Economy / Economics / Re: Martin Armstrong Discussion on: September 01, 2015, 12:38:44 AM
...

I have been on vacation in recent days, and so not really following too much of what's up. 

I do note that we are about to enter September, the end of which is likely to be interesting for those of us following Martin Armstrong.

But, I wanted to start a thread JUST on the whole 2015.75 notion as well as practical ideas re investment and perhaps even preparation.

OK, "peak government" I kind-of understand, peak government would be just fine with me either here or at the 2015.75 thread:

https://bitcointalk.org/index.php?topic=1167734.0
2690  Economy / Economics / It will soon be 2015.75, whither Bitcoin, etc? on: September 01, 2015, 12:29:43 AM
...

I started this thread to look at various ideas that many of us have re Martin Armstrong's predictions of, well, big changes starting about Sept. 30 / Oct 1.  Some of this has been tangentially discussed on other "Economics' threads, but I wanted to start a discussion on short-term investment (and/or preparation) ideas for this key date.

So, what are your thoughts (better: actionable advice) on 2015.75?  I'll toss a couple of practical topics that I suspect would be of interest:

1)  2015.75 is just the start of big changes.  OK, but what happens in the next month - 3 months?

2)  Bitcoin, I know some of you like it mucho, some are very bearish (short-term and even longer)?

3)  Stocks, bonds, gold, etc.

4)  Probabilities or guesses re SHTF, anywhere in the world is fair game for this thread if it matters worldwide...

I welcome your comments!


EDIT: Armstrong postulates the idea of "peak government", either now or later (I have not carefully followed him, especially in the past few days).

So...:

5)  Peak Government (please use easy-to-understand words and arguments for us "C students").
2691  Bitcoin / Hardware wallets / Re: OVERVIEW: BITCOIN HARDWARE WALLETS █████████████████ Secure your Coins on: August 31, 2015, 03:17:26 AM
...

Indeed re very nice wallets.

I am very much looking forward to digitalbitbox.com's wallet, but have heard no news lately.

And I bet there are many others working on them too.   It looks to be an interesting future re hardware for BTC.
2692  Economy / Economics / Re: The Real Story of Gold on: August 31, 2015, 03:13:45 AM
And what will happen when gold deposits run dry? I am sure that there are some places on earth with unknown gold deposits, we just need to find them. But my question is will price of gold suddenly skyrocket if gold will be so hard to get? it surely looks that way. It will like 'ultra halving' using bitcoin terminology.

It is extremely unlikely that such hidden gold deposits will be discovered any time in the near future. Gold occurs in certain unique geological formations, and almost all of these formations have been undergoing metal extraction through mining. There are "unrecoverable gold deposits", where recovering gold is not economical. Mining one oz. of gold from these deposits can cost as much as $5,000 or $10,000. But as the gold price increases, some of these deposits will become profitable to mine.  


Do recall, everyone, that gold is different in one very fundamental way than every other commodity: that the stock:flow ration is far higher than them all.  There are some 175,000 tonnes of gold above ground, and some 3,300 tonnes mined (plus some recycled IIRC).  No other commodity comes close to that much stock to flow.

This means that mines shutting down (etc.) do not influence gold price much in the short-term.

It is demand that will change the price of gold, and big time.  And the Big Enchilada will be when paper gold fails (when people want physical for their paper).  There are about 100 paper claims on gold vs. 1 oz physical.  What happens when the demand starts big (a worldwide currency crisis for example), and "paper gold" owners cannot get the physical they think they "own"?

Very high prices.  Think $10,000 (non-inflated price).
2693  Economy / Economics / Re: Economic Totalitarianism on: August 28, 2015, 03:32:29 AM
A tyranny is not fought by petitioning it.

You have to be ready to take the moral high ground you claim to have, and ignore the tyranny to their demise.

There is no guaranteed, visible victory in your lifetime, but they dread to take your life, because it shortens their own rule:

Quote from: God
Rev. 6:9 And when he had opened the fifth seal, I saw under the altar the souls of them that were slain for the word of God, and for the testimony which they held:
10 And they cried with a loud voice, saying, How long, O Lord, holy and true, dost thou not judge and avenge our blood on them that dwell on the earth?
11 And white robes were given unto every one of them; and it was said unto them, that they should rest yet for a little season, until their fellowservants also and their brethren, that should be killed as they were , should be fulfilled.

So actually your victory is not dependent whether you live or die, it depends whether you associate with the tyranny or not.


Clap, clap, clap.

+ eternity

Revelation is a hard book for me to understand.  I have needed a lot of time for an even less than minimal understanding.

But, yes, the context of your quotation is most gratefully received (while on vacation no less).
2694  Economy / Economics / Re: The Real Story of Gold on: August 28, 2015, 03:27:47 AM
...

Gold Update: Manitou Springs, CO "turista jewelry shop"

(a real story)

I prices some purportedly 96% pure gold nuggets there yesterday (on vacation).  The one I did the arithmetic for went like this:

1.5 gm (approx. 1/20th of a toz) was for $115.00.    Actual gold value: +/- $40.

Ahh, no thanks!
2695  Economy / Service Announcements / Re: New Wallet Service: brainwallet.io on: August 25, 2015, 06:01:47 AM
...

AtteJ

Use foreign words with a misspelling.  Or words you made up when you were a kid.  Or a product code from your business.  The middle name of your g/f (b/f) in high school.  Etc.  The site has an option for "salting", apparently that makes it harder for anyone else to decrypt.


dserrano

I am not enough of an expert (not close) to adequately reply.  IIRC the site says that your browser runs the scrypt, but, hey I don't know.  I don't care about the image, it's a prairie dog...  Or can just use passwords as just above.
2696  Economy / Service Discussion / Re: Its time for the campaign runners to raise your pathetic rates on: August 25, 2015, 03:48:53 AM
Note: If bitcoin drops constantly below $200 I think would be a time to re-evaluate the rates.

Annnd to sub 200 we go. No excuses now, time to raise those rates. Im afraid we will keep going down for a long time. We are under WORLDWIDE PANIC right now, everything is fucking plummeting. Lets try to help people here getting some cheap Bitcoins during this period of time, who knows, maybe lives are being saved in the future. Maybe after the halving we will never see prices this low again, it's time to collect and to compensate people here for supporting Bitcoin even during the hardest times.

One thing to keep in mind is that signature campaign owners are not required to create these campaigns and pay users. The fact they do gives us an ability to earn a bit of extra money on the side, in a productive manner.

If your entire income is based on signature campaigns, you really need to re-evaluate your life to be honest.

I know people living in shitty places that are making a living thanks to signature campaigns. High unemployment, low payrates, 3rd world standard of living. Some have enough good english to keep making good posts and make more of what they could make working some slavery job. The importance of the signature campaigns is underrated, they save lives. Someone with good english and a computer in Peru that has a Hero account can be making above average monthly income. Signature campaigns are one of the main tools to distribute Bitcoin around the world to all kinds of people.


I would not mind at all higher payments.  But what I get is good enough to keep me in.

bitmixer.io pays up to (max) 0.035 BTC / week (50 posts * BTC0.0007 each).  BTC0.035 * 4 = $28.00 (at $200 / Bitcoin) per month is well under even Peru's minimum wage (I understand it does not take too much time to post 50 times if you are "working"), and yes, it is profitable for smart participants in developing countries at those rates, it is still fairly small change.

Even in Peru.  Annual GNP/capita in Peru is over $2000.  $28.00 * 12 is nice, but only affects a very small number there.

Other countries and other signature campaigns may have different mileage!


(Edited for clarification)
2697  Economy / Economics / Re: Anybody Taking Bets On The Stock Market Crashing Tomorrow? on: August 25, 2015, 03:39:29 AM
...

An easy place to monitor DOW and S&P 500 futures is at:

marketwatch.com   <=== Click futures in the upper right corner set of graphs.

US futures start trading about 7:00 PM Sun. - Thurs.

Major Asian stock markets are there as well.  Easy to use site.

*   *   *

Right now (11:37 PM US ET) Dow futures are UP 352 points (2.24%)!

Shanghai DOWN 4.45%
2698  Economy / Economics / Re: A good day to buy hard? on: August 25, 2015, 03:31:42 AM
...

For me, I buy Bitcoin when I actually CAN.  I no longer use credit cards nor want my ID (some BTC/ATMs).

That means localbitcoins.com.  Which for me has proven less then ideal, even in the metro area of a city of 2,000,000.
2699  Economy / Service Announcements / New Wallet Service: brainwallet.io on: August 25, 2015, 12:23:02 AM
...

I tried it out last night.  Both by putting in eight passwords and some "salt" as well as a photo I had taken (not on the Internet anywhere).

brainwallet.io

I was impressed.  His code is at GitHub for programmers to see & check (which I cannot as I cannot program).

People who know a lot about private keys (and relevant) are more than welcome to comment, as I am not in a position to recommend out how robust his encryption (re making wallets securely) is.


Pro Tip for beginners (like me): Make a small donation to him, and he will explain things...  Smiley
2700  Economy / Economics / Re: Record High Margin Debt With Most Traders Betting Against This Market on: August 24, 2015, 11:59:34 PM
...

Many, many observers think that we may just be getting started re the declines.  If they continue (and every night after 9:00 PM you can check US futures at marketwatch.com) that might foretell a bad economy.

A recession would mean more pain for stock investors.  Which would eventually affect real estate, etc.

The US$ now may be a good bet, now that it got hit when the "Carry Traders" took much of their money home to Europe and Japan.  The USA is still the "cleanest dirty shirt in the closet."
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