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1101  Economy / Economics / Re: How to save money. on: July 17, 2015, 01:22:54 PM
Don't even sleep and work on the computer all day

If you don't sleep your biorhythm will get screwed up, making you take dumb decision due your fatigued feeling due lack of proper rest. What's ironic is, the markets don't ever sleep, and sometimes you miss on great opportunities if you have a normal healthy sleep schedule.
1102  Economy / Economics / Re: If Greece defaults on: July 17, 2015, 01:20:58 PM
As I've been dreaming of a Grexit for many years, it seems I'm going to get what I want at least. The Greeks have a choice, follow the way shown by the other EU members, which will be hard but safe, or follow their own way to misery. Latest news are towards the second solution. The Greek banks will remain closed. Forever.

man there is already a verdict about the grexit, and it is that there is no grexit, they will help them with more than 80B of money, but in exchange they need to show a solid plan to retrieve their position as a EU country and pay their debts

They will never be able to pay their debts as they are. Remain to see if they will continue to be an EU member with continuous debts, if their debt will be restructured or will be a probably Greexit in the years to come.

Well maybe this time Greece will slowly develop different ways to change the habits and lifestyle of many Greeks living the American Dream Bubble.

It is the only way to go ahead. The Greeks one day will wake up from their "dream" and will face their reality. Not giving the faults to the others. Sooner is better.

The Greeks aren't in no dream, they are very aware they are facing a dead end scenario where they are stuck with infinite debt. The ones dreaming are the Troika if they think Greece will ever pay for the entire debt no matter how much austerity is applied.
1103  Bitcoin / Bitcoin Discussion / Re: News: Putin on: July 17, 2015, 01:19:25 PM
What's funny is, one of the oldest faucets I remember using is a Putin tribute:

http://happyputin.com/welcome-to-happy-putin-bitcoins
1104  Bitcoin / Bitcoin Discussion / Re: If you had to choose to put 5 BTC into 1 BTC investment, what would that be? on: July 17, 2015, 01:18:18 PM
I still think online trading is considered one of the best investment opportunities, that is if you know what you are doing. I just select the most reliable altcoin pair which has for the past few months have been steadily range bound and any swing is just an opportunity to make some coins. You will need the patience though for this.

Sometimes it takes months.. for example LTC was an huge opportunity, to buy at 1 dollar for a long time, but most have never hold for months. Also you may not end up selling once the pump happen because you are too greedy and wait for a higher price.
1105  Other / Off-topic / Re: DO YOU HAVE 1 BITCOIN? on: July 17, 2015, 12:58:11 PM
Yes, I was very happy when I made my first full BTC, it took hard work to get there. I save it on a cold storage wallet, offline so im not tempted to spend it. I must hold at least 1 BTC for 20+ years.
1106  Economy / Economics / Re: How to save money. on: July 16, 2015, 12:21:17 PM
There's a way to temporally lock a wallet for a given amount of time. So what you could do is use that method, put a countdown of 10 years, and have your bitcoin wallet frozen where you can only put more bitcoin in but not extract any, until 10 years passes. That's hardcore saving for you. No way to miss the boat doing that.
1107  Economy / Economics / Re: [POLL] Bitcoin has actually value ? on: July 16, 2015, 12:20:09 PM
Of course it does its worth real money

so if it was not tied with fiat, you will not think that it has a real value?

value isn't based on how much bitcoin is worth in fiat, but on how much people will use it for their normal day activity

Value is always tied to something else. If no other currency ever existed than Bitcoin, then the value would be derived from what people is offering for X good or service, which is true value.
Currencies in itselves don't have any intrinsic value, same for metals.
1108  Economy / Economics / Re: Greece Cannot Pay, Greece Will Not Pay on: July 16, 2015, 12:17:28 PM
Greece will inevitably go bankrupt and has sold now all its hard assets so it is getting poorer and poorer, soon we will see Greece as part of Africa, not Europe and unfortunately the Greek people still want to live in the bubble of a good life on borrowed money..I feel sorry for Tsipras because he just has his hands tied either way..Unless the Greeks get outside of the big cities and start growing more veggies, stop borrowing money to buy German cars and sending their kids all to University and private English lessons, rebuilding their country, paying their taxes, we will see a third bailout program failure and an even more poorer Greece..

I think Africa is too much, but it will definitely end up as a some sort of Romania type of country. It's not going to get any better for them. Both Tsipras and Troika know the current conditions cannot be ever meet. So it's either Troika giving Tsipra a better deal in the next months or riots on the street because the Greeks cannot handle it anymore.
1109  Bitcoin / Bitcoin Discussion / Re: What's your biggest problem with Bitcoin on: July 16, 2015, 12:13:14 PM
Transaction time is a biggest concern. Some time its instant. Other time it takes much time and some users even wait for like 5 confirmation which normally take 30 mins for me now. So waiting seems to be drawback.
Transaction in Bitcoin actually Instant, Confirmation of the transaction which is takes much time.  Tongue


But what about the transaction that has no fee, they never get confirmed so sad Sad

It's impossible that a transactions gets frozen forever as far as I know. All transactions eventually get processed, it will just take a lot more to get it done. The best way to avoid this is always paying the standard fee.
1110  Bitcoin / Bitcoin Discussion / Re: Face recognition linked to Bitcoin on: July 16, 2015, 12:11:48 PM
I wouldn't trust anything that has to do with biometrics to store wealth or anything important. It's much better to have a regular strong password, just don't forget it. I think passes via digital fingertips, eye scans, hand scans whatever, are nothing but "cool futuristic looking gimmicks" type of thing.
1111  Bitcoin / Bitcoin Discussion / Re: How old were you when Satoshi started Bitcoin? on: July 16, 2015, 12:09:38 PM
So, with exception from a few +40 years old, there are mostly kids here...? Perhaps just a coincidence who answers in the thread, but I'm actually surprised that we have 15 year old kids here.
There's a lot of good reasons why the kids outnumber us by a good margin. Just too many newbies come to bitcointalk for "free bitcoins" and since all you usually receive from faucets or signature campaigns is peanuts, people with a job (or a life for that matter) will eventually turn away from this useless pastime. School kids with plenty of time but little to no income on the other hand, well, let's just say they better be hanging around here than in the streets Wink

The real question that matters is, why am I still around? Roll Eyes

Well, someone's gotta take care of them kids, right?


Well, those kids making a bit of bitcoin each month may end up with more money than the adults having a proper wage in 10/20 years (if they hold most of it instead of wasting it on the new xbox or whatever).
1112  Bitcoin / Bitcoin Discussion / Re: Bitcoin Firm Bitspark Joins Accenture's FinTech Accelerator on: July 16, 2015, 12:06:28 PM
Hong Kong-based remittance platform Bitspark has joined Accenture's FinTech Innovation Lab Asia-Pacific 2015 as the only bitcoin and blockchain startup in the lineup.



The three-month programme, launched by Accenture – a multinational technology services and consulting company – in collaboration with traditional finance institutions including Bank of America Merill Lynch, Goldman Sachs and UBS will provide mentoring, coaching, networking and investment opportunities to the seven startups accepted on to the accelerator.


http://www.coindesk.com/bitcoin-firm-bitspark-joins-accentures-fintech-accelerator/


Sounds good, VC money just keeps going in. I doubt that picture hasn't been severely photoshopped tho. I mean it's hong kong, where is all the grey in the air? that looks like it's out of a caribbean trips ad magazine.
1113  Economy / Speculation / Re: The Bitcoin Trader (The Official Bitcoin Trading Song) on: July 15, 2015, 11:50:02 AM
The Bitcoin Trader (The Official Bitcoin Trading Song)
https://www.youtube.com/watch?v=m3ELLtThFlI

Enjoy  Grin

Lol, good job, so many bitcoin related soongs lately.

https://www.youtube.com/watch?v=md4cPHFBeiU

This one got half a million view. Not surprised, put a hot chic in your vid and it's a hit.
1114  Economy / Economics / Re: Mobile Payments: Moving Towards a Trillion Dollar Industry on: July 15, 2015, 11:46:49 AM
http://cointelegraph.com/news/114818/mobile-payments-moving-towards-a-trillion-dollar-industry

It would be better if all cards for payment can be replaced by mobile. It would be better to bring only a mobile.

Mobile wallets is a giant market its easy enough to implement a Bitcoin based mobile wallet linked to fiat currency
Something that groups like Square have tried the challenge is getting the traction but its a large area of growth potential.
http://www.theverge.com/2014/5/12/5709256/square-kills-square-wallet-tries-again-with-square-order

I hope that people realize how dumb it would be to use a fiat currency under bitcoin when you can directly use bitcoin. Im sure such a system will have fees.
1115  Economy / Economics / Re: EUROPEAN OFFICIALS SAY NEW DEAL REACHED BETWEEN GREECE, CREDITORS on: July 15, 2015, 11:43:51 AM
They reached an agreement with the government but not with people....

This is why this "agreement" is doomed. Now Tsipras has the enemy outside of greece, and inside of greece because their own voters and not only that, part of his own party its against him now.
1116  Economy / Economics / Re: Marketing on: July 15, 2015, 11:28:10 AM
I want to say details about my product. we produce Sanitary napkin, Tissue, Diapers, we are in introduce step and we have not budget limit for advertisement our product are more quality than Competitors.


You'll probably benefit from proper SEO, try to place your website at the top of google searches, maybe try investing a bit in google ads (not sure if this has been successful for any of you here). I've also heard people ranking youtube video paying for ad campaigns (for your video to show up as suggested on top).
1117  Economy / Economics / Re: Greek crisis on: July 15, 2015, 11:24:28 AM
I think it's not good idea to visit Greek while their economic still unstable.
I bet you will spend more money in there since i'm sure many things already become expensive.

Better wait until their economic is stable & you'll feel more comfortable  Smiley

There's no way I would visit greece as a random tourist, but as an investor there may be a lot of opportunities to pick up fruits that are in the floor (as warren buffet would say). There must be something really good to invest in right now that's cheap as hell in greece, but it's hard to spot it.
1118  Bitcoin / Bitcoin Discussion / Re: It truely begins on: July 15, 2015, 11:21:41 AM
The paradigm shit has already begun. Deprecated dinosaurs will get crushed by history. If you are not Bitcoin you aren't on the wining team, get really to get erased. Anyone not holding at least 1 BTC now is simply clinically insane.

Paradigm shit indeed.  Not only are religious people insane, but also anyone who doesn't have 1 btc.  Is "insane" just a word for anyone who disagrees with you, or does anything differently from how you do it?

Lol, thanks for pointing that out, I already fixed it.
Insane is a word for the people that don't own at least 1 BTC in 2015. It should show up in all dictionaries in the future when you look for it.
1119  Bitcoin / Bitcoin Discussion / Re: Future Forks.. on: July 15, 2015, 11:17:41 AM
Given the current hoo-haa going on with respect to the blocksize, I wanted to think about future HARD forks that Bitcoin will almost certainly encounter.

1) Quantum secure signing algorithm. At some point, I think most would agree , quantum computers will be a reality. We'll have to change bitcoin's signing algos accordingly.

2) Arbitrary precision maths. When bitcoins are worth 'serious' amounts, 8 decimal places won't be enough.. (.. Happy Days..  Grin)

.. there are others, but I'm not sure they are essential to bitcoin's survival - anyone think of any essential ones ?

If doubling the blocksize started a war, which it effectively has, I can't even imagine what trying to implement these features will do.. (Since there are many different ways they could be achieved..)

Will it even be possible to HARD fork so large a change, as instead of 2 camps(Yes and No), there may be 5, 10, or more! and then things will get, very complicated.

I just hope they can come up with some sort of pact in what to do when those problems arise. As of right now, the first problem is sci-fi, I don't see quantum computers being a problem, not even during our lifetimes. I don't think we'll see SHA256 hacked.

Number 2, I believe we'll see 1 million BTC during our lifetimes, but it will still not be a problem with the 8 decimal places.
1120  Economy / Speculation / Re: Bitcoin and Greece: a new beginning? on: July 15, 2015, 11:14:01 AM
Nah the Greek people will not be buying bitcoins as they are still under eurozone.
So basically the whales took advantage of the news about the Greece coming out of eurozone and pumped the prices of Bitcoin.
Not for a long time. The Greeks already learned the lesson, and they know in the not so far future, the same fate will be meet: choosing between insane austerity and trying luck outside the eurozone.
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