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1801  Other / Beginners & Help / Re: Where to get free bits.. on: April 20, 2015, 08:55:12 PM
Not trying to be too "spammy" here but you could easily get paid free Bitcoins for joining Get-Paid.com
We have an ongoing promotion so far - Follow us on Google+ and get free 15 Get-Paid coins (Each coin is worth $0.002 of BTC or however you want to cash it, we got lots of other prizes as well).

You also get another 10 coins for commenting your username in our very first post in that page (still ongoing promotion), and in general you will get paid for watching videos, pay per click, completing different tasks, offers and more.

Give it a try!  Wink
1802  Economy / Economics / Re: Is deflation truly that bad for an economy? on: April 20, 2015, 08:48:14 PM
I think the system is devised SO that you are a debt slave from day one, regardless of whether you're an idiot or not. How many people are able to pay, in full, for their house, car, education, and healthcare? Please tell us how you save(d) for these things with rampant inflation.

In this fucked up system, one could argue that "idiots" actually do better, since they clamor for assets, while "smart" people try to save in a currency not meant for saving.

The real "smart" people are those who make lots of money and can afford paying for the things you mentioned.
Have you watched the movie "Margin Call"?
Or what about Alessio Rastani's famous Youtube video?

Alessio said "Goldman Sachs rules the world", they tell the government what to do, they control so many things and make billions of $$$ on a monthly basis.

When you study business you learn that organizations and firms are companies ranging from small to big - but institutions - these are very large organizations ... educational institutions such as universities and colleges dictate our lives when it comes to studies ... and financial institutions such as Goldman Sachs dictate our financial lives.

Is it fair? No.
But what can you do about it? If you can't beat 'em join 'em.
1803  Economy / Speculation / Re: is Bitcoin going to crash to as low as 200 usd? on: April 20, 2015, 08:41:00 PM
it is not going to, its been  already crashing for a long time!

It's going to keep on crashing because you don't get any interest % on your BTC and likewise once the Fed starts raising rates everyone would jump on the USD and forfeit the BTC.

USD in the long run provides more security and interest % as well.
True, it has been a worse investment for the past 7 years but no more.
1804  Economy / Trading Discussion / Re: What is the best Exchange to sell Bitcoin and receive PerfectMoney on: April 20, 2015, 07:11:28 PM
Hi Everyone,

I have some Bitcoin and when I need cash I want to sell it for Perfect Money (PM) before moving it into the my nation's money. But it made ​​me lose

more charges (fee). So I hope you guys here show me where to sell PM to the highest price so I can get the best price for my Bitcoin.

I look forward to your help !

Sincerely thanks !

We use Changer.com and this is a very good website that can help you to exchange your Bitcoins to PerfectMoney.
It works on an instant basis, fully automated, and the more you exchange with the site the more discount you receive for future exchanges.

Give it a try! It's worth it!
1805  Other / Meta / Re: Stake your Bitcoin address here on: April 20, 2015, 07:01:48 PM
Staking my BTC Address here which will be use later if needed: 17QREFiuxYCJ8456Pt5wMqodscYMVjFriD


Hi Greg,

We have just sent to your wallet $0.10 worth of Bitcoins.
Enjoy! Wink
1806  Other / Off-topic / Re: Telemarketers from hell on: April 20, 2015, 06:53:09 PM
Don't take it too personal, that's my advice.
If you feel like you can't help it then install an App that records all phone calls, record this call and upload it to YouTube, share it with your friends on Facebook and other social networks and tell the guy he "has just shot himself in the leg" for tying to scam you and now he's exposed.
1807  Economy / Economics / Re: My bank account's got robbed by European Commission. Over 700k is lost. on: April 20, 2015, 06:44:32 PM
Are you have dont with contact police officer or similiar ?
This problem is be done as soon as possible to prevent another victim  Angry
I'm feeling sad about your loss, bro ! Sad

How would the police solve the problem if this is the European Union and/or Governments who "stole" his money?!
They own the police in their pockets, literally.
1808  Economy / Currency exchange / Re: BTC to PM on: April 20, 2015, 01:40:44 PM
I need 5.20usd in perfect money
I pay with btc (0.02410)



You could easily do so through Changer.com - good luck!  Wink
1809  Other / Off-topic / Re: Post your Total time logged into Bitcointalk on: April 20, 2015, 01:29:12 PM
Total time logged in: 58 minutes.  Cool
1810  Economy / Economics / Re: My bank account's got robbed by European Commission. Over 700k is lost. on: April 20, 2015, 01:22:17 PM
Damn, that's unlucky.

Luckily, we have Bitcoin. No borders, no master of your account.

But it doesn't come with 100% of stability.
In June 2014 the value of 1 BTC was $650, now a year after it's $220.

So I wouldn't call it "lucky", those who bought Bitcoins a year ago got a very similar "haircut".
1811  Economy / Economics / Re: Bitcoin is not a bubble on: April 20, 2015, 10:13:46 AM
The difference between Bitcoin and Facebook is that anyone knows who the owner of Facebook is, but no one knows who started the Bitcoin revolution.

Last time I checked, websites like e-gold.com and LibertyReserve.com had anonymous owners behind them and they failed.

The price of Bitcoin has dropped massively whilst the USD has strengthen itself against the Euro and worldwide as well.
Yes, people prefer security.

Does it mean Facebook would have a more robust future ahead whilst Bitcoin would constantly become failure? No one knows.
But my personal guess is that the sooner the Fed will raise rates the worse the value of the Bitcoin is going to be because people would prefer solid money with interest rates on top as a bonus.
1812  Economy / Economics / Re: My bank account's got robbed by European Commission. Over 700k is lost. on: April 20, 2015, 10:03:49 AM
What was the idea of Cyprus or Greece to stick with the Euro and not go back to its own currency?
Eventually it would happen, it's inevitable, so why they haven't done it 2 years ago and this way they could have saved the falling bank, print money, and go back into growth faster than ever, and even gain more trust by investors than the way it looks so bleak now?!

Why common sense and politicians never coincide?

What do you mean by 'Print Money'?

you know adding more toilet papers with the machine that make money, they said that money does not grow on tree, but for banks this isn't true

and that quote is a bit stupid, because you can't just print money out of nothing you need to back your money with the wealth of your country


Yes that's why I asked this question. If printing money can make a country rich then all the country will make Billions in few days. A country has to back up the printing of money by equivalent amount of Gold, export income, GDP etc.

Economy is based on trust.
Imagine you run a convenience store and you get credit from lenders.
The lenders see you are successful and make nice profit from selling groceries to customers.
As long as you are on that path they trust you, lend you more, get paid back from you - all is well.

But what happens if your convenience store suddenly needs to deal with more competition (e.g. more people open stores in your street), some suppliers turn you down, some customers prefer to buy elsewhere and so forth?
Then your business is shaky, it's unstable, and there is a lack of trust - would lenders lend you money when you're doing bad? Probably not, or probably they will under very strict conditions.

That is where Greece is now, it has a huge lack of trust, lenders don't want to lend more money to Greece ... so printing Euros is not the only answer because it would only cover the debt for now but the situation won't improve by itself ... the convenience store needs to make a change to put itself on the right path for growth again - and that is where changing the currency would work for Greece, it would put it back on the road for recovery and then printing money would be a temporary solution to pay the debt, afterwards the convenience store would be back in the position where it was initially.

People in Greece are just lazy, don't want to reform, don't want to work, prefer just getting money for doing nothing from the EU. They are not allowed to work on sunday, that fact perfectly describes Greece. Such legislation cannot work and since people are lazy they don't want to work. They will end in poverty but it's their own fault. Other countries in the world had the same problem but reformed and are on the right track...

People in Denmark and Norway don't work many hours per day neither but nevertheless these are rich countries because of their resources.
Many rich people who run the banks don't work as hard as their "grunts" but that's life, there is a gap between the poor and the rich and it's getting wider and wider unfortunately.

So I wouldn't blame Greece for being "lazy" but I would agree they don't know to make swift decisions, and the longer they make it linger the more suffering they bring into this world.
1813  Economy / Economics / Re: My bank account's got robbed by European Commission. Over 700k is lost. on: April 15, 2015, 02:07:46 PM
What was the idea of Cyprus or Greece to stick with the Euro and not go back to its own currency?
Eventually it would happen, it's inevitable, so why they haven't done it 2 years ago and this way they could have saved the falling bank, print money, and go back into growth faster than ever, and even gain more trust by investors than the way it looks so bleak now?!

Why common sense and politicians never coincide?

What do you mean by 'Print Money'?

you know adding more toilet papers with the machine that make money, they said that money does not grow on tree, but for banks this isn't true

and that quote is a bit stupid, because you can't just print money out of nothing you need to back your money with the wealth of your country


Yes that's why I asked this question. If printing money can make a country rich then all the country will make Billions in few days. A country has to back up the printing of money by equivalent amount of Gold, export income, GDP etc.

Economy is based on trust.
Imagine you run a convenience store and you get credit from lenders.
The lenders see you are successful and make nice profit from selling groceries to customers.
As long as you are on that path they trust you, lend you more, get paid back from you - all is well.

But what happens if your convenience store suddenly needs to deal with more competition (e.g. more people open stores in your street), some suppliers turn you down, some customers prefer to buy elsewhere and so forth?
Then your business is shaky, it's unstable, and there is a lack of trust - would lenders lend you money when you're doing bad? Probably not, or probably they will under very strict conditions.

That is where Greece is now, it has a huge lack of trust, lenders don't want to lend more money to Greece ... so printing Euros is not the only answer because it would only cover the debt for now but the situation won't improve by itself ... the convenience store needs to make a change to put itself on the right path for growth again - and that is where changing the currency would work for Greece, it would put it back on the road for recovery and then printing money would be a temporary solution to pay the debt, afterwards the convenience store would be back in the position where it was initially.
1814  Economy / Economics / Re: My bank account's got robbed by European Commission. Over 700k is lost. on: April 15, 2015, 01:12:33 PM
And look what happened today:

http://news.sky.com/story/1465497/protester-attacks-draghi-at-news-conference
1815  Economy / Economics / Re: My bank account's got robbed by European Commission. Over 700k is lost. on: April 15, 2015, 10:57:51 AM
What was the idea of Cyprus or Greece to stick with the Euro and not go back to its own currency?
Eventually it would happen, it's inevitable, so why they haven't done it 2 years ago and this way they could have saved the falling bank, print money, and go back into growth faster than ever, and even gain more trust by investors than the way it looks so bleak now?!

Why common sense and politicians never coincide?

What do you mean by 'Print Money'?

Print money with the old currency.
If Cyprus went back to the Cypriot Pound or Greece went back to the Drachma, it would have had to print lots of this money to get out of debt (the debt in € they have would have been "translated" into their own currencies) - but this way after printing and printing comes the growth and everyone benefits from it.

That is a much healthier solution than simply sticking with the € being unable to do much with it and being unable to repay the debt.


You know this is bollocks... When a country starts printing money to repay debt *in another currency*, the only thing they will achieve is hyperinflation of their own currency - the value of their currency goes down because nobody is willing to buy it in exchange for the hard currency. Printing money can only sort of work when the debt is in your own currency, because the lenders have to accept the freshly printed money.

Onkel Paul

Yes, this is well known, the other option is to default on the debt in either Argentina or Iceland style ... it would cause lack of trust and would trigger banks collapse and many other horrible things ... but either way default or money-printing is the best solution if it is supplemented by going back to your own currency ... I think the EUR is a great currency allowing travelers to pay with the same coin all over Europe (almost) but it can't come over the expense of people's lives ... people in Greece, Italy, Portugal suffer from it - so the longer you make it linger the more people would suffer.
1816  Economy / Economics / Re: My bank account's got robbed by European Commission. Over 700k is lost. on: April 15, 2015, 10:30:03 AM
and that quote is a bit stupid, because you can't just print money out of nothing you need to back your money with the wealth of your country

This is a very ridiculous statement. Quantitative Easing (=Printing Money) does not have to be backed up with the wealth of the country, economy is based on trust, not on wealth and wealth cannot be measured only with resources, it is trust that you need to bring into the equation and as long as Greece remains with the EUR and not with the Drachma it would suffer from lack of trust in the short and the long term.
1817  Economy / Economics / Re: My bank account's got robbed by European Commission. Over 700k is lost. on: April 15, 2015, 10:22:30 AM
What was the idea of Cyprus or Greece to stick with the Euro and not go back to its own currency?
Eventually it would happen, it's inevitable, so why they haven't done it 2 years ago and this way they could have saved the falling bank, print money, and go back into growth faster than ever, and even gain more trust by investors than the way it looks so bleak now?!

Why common sense and politicians never coincide?

What do you mean by 'Print Money'?

Print money with the old currency.
If Cyprus went back to the Cypriot Pound or Greece went back to the Drachma, it would have had to print lots of this money to get out of debt (the debt in € they have would have been "translated" into their own currencies) - but this way after printing and printing comes the growth and everyone benefits from it.

That is a much healthier solution than simply sticking with the € being unable to do much with it and being unable to repay the debt.
1818  Economy / Economics / Re: My bank account's got robbed by European Commission. Over 700k is lost. on: April 15, 2015, 05:17:08 AM
What was the idea of Cyprus or Greece to stick with the Euro and not go back to its own currency?
Eventually it would happen, it's inevitable, so why they haven't done it 2 years ago and this way they could have saved the falling bank, print money, and go back into growth faster than ever, and even gain more trust by investors than the way it looks so bleak now?!

Why common sense and politicians never coincide?
1819  Economy / Economics / Re: My bank account's got robbed by European Commission. Over 700k is lost. on: April 14, 2015, 12:58:34 PM
Just joined this forum after reading this horror story (more than once).
It's simply terrifying.
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