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4761  Bitcoin / Bitcoin Discussion / Re: The cryptocurrency market is now all about speculation and a game of money on: May 11, 2017, 10:11:45 PM
Almost every financial analyst, economist and "expert" portrayed on the media is a paid advertisement.

They repeat only things bankers want them to say.

There are no objective breakdowns or analysis on any topic.
4762  Economy / Economics / Re: Why not just print dollars? on: May 11, 2017, 10:03:25 PM
Litecoin having a cap of 84 million coins is the reason its priced lower than dash with its 21 million coin cap.

Fundamental principles of supply & demand dictate the value of something declines when supply increases.

If this is true, its impossible for a nation to "print" its way out of deficit or debt as its currency will devalue off supply increasing.
4763  Bitcoin / Bitcoin Discussion / Re: Macron supporting bitcoin? what does it mean for us? on: May 10, 2017, 10:40:34 PM
Was that picture taken after the price of BTC starting to increase by a lot?

Depending on the date the pic was taken, it might not be difficult to understand why he chose that particular time.

 Cheesy
4764  Economy / Economics / Re: Venture or seed capital methodology versus decentralized thinking? on: May 10, 2017, 10:38:42 PM
Can you recommend a book, white paper or some reading material on smart contracts?

It seems like an interesting concept. Unfortunately, its not something I know much about & so can't comment as much as I would like.
4765  Economy / Economics / Re: US Dollar Collapsing on: May 10, 2017, 10:36:30 PM
The value of the dollar depends on its trading on the open market.

When the US wages war in the middle east at a cost of $6.5 trillion dollars.

The $6.5 trillion represents time(in worked man hours), wealth and productivity of the united states.

Spending $6.5 trillion without producing tangible positive gains, is like lighting a big mountain of money on fire, like the Joker in the Dark Knight.

One might say the dollar is collapsing as large sums of it are being destroyed without producing positive tangible gains, which in turn devalues or debases the currency and decreases its value.
4766  Bitcoin / Bitcoin Discussion / Re: What was the value of 1 Bitcoin when you first mined/purchased? on: May 10, 2017, 10:21:10 PM
I think 1 btc was priced around $12 to $15 when I first bought btc.

I used to own 8+ btc and got rid of it all well before price started to go up, unfortunately.

 Cheesy
4767  Bitcoin / Bitcoin Discussion / Re: Bitcoin ETF ? on: May 10, 2017, 10:19:18 PM
Hi everyone, I've heard about a project of doing an "ETF" (exchange traded fund) on the bitcoin. But I'm not sure to understand the point of that

Something like.

1. It would be SEC (securities exchange commisssion) approved. Some degree of regulation would be involved which some believe to imply makes investments safer.

2.  It could make it easier to invest in bitcoin, without having to buy actual bitcoins. A person might buy ETF bitcoin "shares" with usd or other currency.

3.  An ETF could be leveraged. This means $50 invested in a bitcoin ETF could give someone $75 or $100 of bitcoin exposure, depending on whatever percentage the ETF is leveraged.

This isn't a complete overview of ETF's but suffice to say there could be some things about it that would make it more attractive to investors than buying actual bitcoins.
4768  Economy / Gambling discussion / Re: UFC 211: Miocic vs Dos Santos info and Prediction Thread on: May 10, 2017, 10:05:55 PM
^ Interesting breakdowns.  Can you tell us point by point why you disagree with some of them?  It might prove valuable from a betting standpoint.

I could see Gabriel Benitez and Jessica Aguilar winning their fights. Mmamania could be wrong on those two calls. Benitez is a good fighter training out of a good gym at American Kickboxing Academy. I don't know if Enrique Barzola has the same kind of team or training partners if he's still living Peru. Aguilar is getting up there in age but she could win her fight off of likely having better coaches and a better team than Cortney Casey does.

Not certain about the other breakdowns, I've never seen any of the new people fight before.

4769  Economy / Service Discussion / Re: Costruzioni Barletta first buildings sold in Bitcoins on: May 09, 2017, 10:29:17 PM
That could be a very smart move.

I think realtors get 10% of real estate sales?

There probably aren't a lot of realtors dealing in crypto.

Which could mean there's an opportunity there.
4770  Bitcoin / Bitcoin Discussion / Re: Major crash no. 5 for BU nodes. on: May 09, 2017, 10:26:41 PM
BU crashes more than Windows 95 and Windows ME put together.

They should go into the vacuum cleaner manufacturing business, that could be the only way they build things that don't suck.

4771  Bitcoin / Bitcoin Discussion / Re: John Carmack is Satoshi Nakamoto on: May 09, 2017, 10:25:00 PM
I still think David Kleiman was Satoshi

Unfortunately David Kleiman died in 2013, we may never have that confirmed.

4772  Economy / Marketplace / Re: AI in your product on: May 09, 2017, 10:11:23 PM
There are forms of AI called neural nets built into automotive electrical systems of newer cars and trucks.

Also built into things like facial recognition, OCR's & a lot of other systems I can't remember right now.

There's a lot of AI everywhere. I guess the determining factor is whether we're discussing so called hard AI or soft AI.
4773  Economy / Gambling discussion / Re: Game of Thrones - Who will rule? Odds and betting discussion on: May 09, 2017, 09:42:06 PM
It’s official: HBO is working on Game of Thrones spinoffs

Game of Thrones showrunners David Benioff and Dan Weiss will be “attached” to the four projects, as will A Song of Ice and Fire author George R.R. Martin, although none of them will do any actual writing. Goldman and Wray will even work directly with Martin on their projects. That may be what Martin was referring to a couple months back, when he wrote that he was involved with “lots of stuff with HBO that I cannot talk about yet.”


Read the whole excitement http://winteriscoming.net/2017/05/04/official-hbo-working-game-thrones-spinoff/

Four game of thrones spinoff series is more than I expected.   Smiley

I wonder if they'll be similar to comic book character series on netflix.

There may also be a Patrick Rothfuss based "Name of the Wind" series coming.

I think someone bought the tv/movie rights awhile ago.
4774  Economy / Gambling discussion / Re: UFC 211: Miocic vs Dos Santos info and Prediction Thread on: May 09, 2017, 08:18:08 PM
UFC 211 MMA mania prelim write ups

Quote
115 lbs.: Jessica Aguilar vs. Cortney Casey

Jessica Aguilar (19-5) came back from her controversial loss to Zoila Frausto in Bellator to win 10 straight, including a decision against Carla Esparza and two decisions over the legendary Megumi Fujii. That pedigree wasn’t enough to save her from Claudia Gadelha, who overpowered “Jag” in the latter’s UFC debut.
This will be her first fight since Oct. 2015 thanks to a torn ACL.
Cortney Casey (6-4) came up short in her first two UFC bouts against Joanne Calderwood and Seo Hee Ham, winning “Fight of the Night” both times, but showed dramatic improvement in dominant wins over Cristina Stanciu and Randa Markos. This set up a fight with Gadelha, who delighted the Brazilian crowd while handing Casey her third UFC defeat.
She will have three inches of height and four inches of reach on Aguilar.
This fight boils entirely down to how much the layoff affects Aguilar. Casey has parlayed her size, strength and mean streak into some solid performances, but the wrestling and experience disparities are just too much for her present skillset to overcome. Heck, Aguilar first fought Fujii a year before Casey’s professional debut.
Casey doesn’t have enough to fall back on when Plan A (physically overpowering Aguilar) inevitably goes south. Aguilar out-grapples her on the way to her first UFC victory.
Prediction: Aguilar def. Casey via unanimous decision

145 lbs.: Jared Gordon vs. Michel Quinones

Jared “Flash” Gordon (12-1) — though not the SAVIOR OF THE UNIVERSE — rebounded from his first career loss to Jeff Lentz by winning the CFFC Featherweight title. In his first defense, he impressed Dana White and Co. enough to be the latest “Lookin’ for a Fight” acquisition.
He has knocked out five opponents and submitted another two.
A striker out of American Top Team, Michel Quinones (8-1) knocked out three consecutive opponents in the first round, including The Ultimate Fighter (TUF) 22 competitor Billy Quarantillo, to earn a call up to Titan FC. There, he picked up just his second decision win over previously unbeaten Caio Uruguai.
He was originally set to debut in February against Alexander Volkanovski before suffering an injury.
There’s not much out there on Gordon save highlights, but thankfully, Fight Pass has Quinones’ last fight. “El Capo” is an aggressive, powerful striker with a tricky left leg, but has a tendency to rush forward when attacking in combination and open himself up to counters. What I can piece together of Gordon suggests a strong wrestler with pop in his hands.
While they’re both solid, Gordon gets my tentative nod. He looks capable on the counter and — though Quinones’ takedown defense looked stout — those charges are just begging for a well-timed double-leg takedown. Gordon mixes striking and takedowns for a decision win.
Prediction: Gordon via unanimous decision

265 lbs.: Chase Sherman vs. Rashad Coulter

Chase Sherman (9-3) entered UFC with nine first-round knockouts in 10 fights, the sole loss coming to current UFC competitor Alex Nicholson. He has struggled to recreate that success in UFC, dropping a wide decision to Justin Ledet in his debut and suffering a knockout to fellow physical specimen Walt Harris in January.
At 6’4”, he stands five inches taller than Rashad Coulter (8-1).
Coulter enters UFC having won five straight, all of them in the first round under solid banners like Bellator and Legacy FC. His last two fights have ended in a combined 1:49 and none of the five lasted more than three minutes. Like Sherman, all of Coulter’s wins have come by form of knockout.
I’m going to be honest: Aside from about 10 seconds from AXS TV’s post-show recaps, I can’t find any recent footage of Coulter. I do, however, know that he’s fought at Light Heavyweight before and his weight tends to fluctuate dramatically, which suggests he’s carrying unnecessary fat. Sherman may be technically limited, but he’s a 240-pound beast.
Both guys are coming in on short notice, adding another layer of intrigue. Accepting that the lack of fight tape makes this a shot in the dark, I say Sherman ends the slugfest partway through the first.
Prediction: Sherman via first-round technical knockout

145 lbs.: Gabriel Benitezvs. Enrique Barzola

Gabriel Benitez (19-5) — who defeated Diego Rivas on the inaugural TUF: “Latin America” season — won his first two UFC bouts before suffering a career-first loss to Andre Fili at UFC Fight Night 78. Ten months later, “Moggly” returned to action and choked out Sam Sicilia in Hidalgo for his fifth win in six fights.
Ten of his 19 professional wins have come by submission, including four by guillotine choke.
Enrique Barzola (12-3-1) — lived up to his nickname on TUF: “Latin America” 2, beating Jonathan Ortega and Cesar Arzamendia before dominating Horacio Guitierrez at the Finale. After a questionable loss to Kyle Bochniak, Barzola cruised past Chris Avila in Mexico City last November.
His wins are split evenly between knockouts, submissions and decisions.
It’s been nice to see TUF: “Latin American” fighters find success after being brushed aside as novelties. Benitez has proven a very effective striker and Barzola is much more well-rounded than one would expect considering the limited training opportunities he had early in his career.
That well-roundedness has me picking the Peruvian. He can hold his own on the feet and blends his wrestling with his striking quite well. The threat of the takedown should muzzle Benitez’s usual kicking onslaught and Barzola has the cardio to grapple all night. He outworks Benitez to a clear decision win.
Prediction: Barzola via unanimous decision

205 lbs.: Gadzhimurad Antigulov vs. Joachim Christensen

Gadzhimurad Antigulov (19-4) put a three-fight losing streak behind him with 12 consecutive victories, all but one by knockout or submission. This set up a UFC debut against Marcos Rogerio de Lima, whom Antigulov overpowered for a bonus-winning guillotine choke in 67 seconds.
He has stopped 16 opponents in the first round, including seven in less than one minute.
Joachim Christensen (14-4) saw his five-fight win streak come to an end in his UFC debut when Luis “Frankenstein” recovered from a nasty knee to submit him in the second. Three months later, he returned to action and knocked out Bojan Mihajlovic with a lovely uppercut midway through the third.
At 6’3”, he is four inches taller than Antigulov.
Antigulov is a natural Middleweight who makes up for his physical disadvantages with freakish aggression. It’s not a sustainable style, nor one that will continue to work once he starts to scratch the top of the division, but it makes him must-watch TV against those below the 205-pound median.
Christensen has power and solid striking skills. And if the fight goes past the first, it’s his for the taking. Sadly, he has not demonstrated the takedown defense necessary to turn aside Antigulov’s initial rush. Antigulov downs him early and locks up something ugly in transition.
Prediction: Antigulov via first-round submission

http://www.mmamania.com/2017/5/8/15579450/ufc-211-predictions-miocic-vs-dos-santos-2-fight-pass-prelims-undercard-preview-dallas-mma

Not certain I agree with their breakdown.

They do make interesting points though, as always.

Their main card write ups should be out sometime later this week.
4775  Bitcoin / Bitcoin Discussion / Re: 7.5 Billion People / 21 Million Bitcoin = 1 Bitcoin For Every 357 People on: May 09, 2017, 03:09:10 AM
More than half of the population thinks bitcoin is an evil pyramid ponzi scheme destined to fail due to lack of bank overlord regulation.

Feel free to be conservative with those estimates.

 Cheesy
4776  Bitcoin / Bitcoin Discussion / Re: [Unknown] Attack on the Network in Progress on: May 08, 2017, 09:47:49 PM
Do you think that BU is actually trying to attack the bitcoin network? I'm a little confused as to what the attack in this threads purpose even is.
I still have learning to do regarding deeper levels of bitcoin opposed to just knowing how to buy and sell... I hope this attack gets wiped, and whoever founded it, be it BU or anyone else gets found out and we somehow find a solution to keep them from being able to do it again. If it is bitcoin unlimited does that mean they really are trying to turn bitcoin towards there individual goals and ruin bitcoin for everyone else? I dislike the idea of any exclusive group getting to be at the top of bitcoin.

BU claims they can fix these attacks with larger blocks. They could gain from these attacks. Another possibility is the network attack is used to manipulate the market, push btc price down so people can buy lower & profit.

If only core and segwit nodes were being attacked, that could be evidence BU was behind this.
4777  Economy / Marketplace / Re: Where is trading bot comprasion thread? on: May 08, 2017, 09:21:36 PM
What could the reason be why there are not so many prominent trading bots? They seem to make traders' lives easier.

Bots seem to function best under conditions where identical commodities are priced differently across different platforms. Example under HFT if a bot sees microsoft stock priced at $68.94 on one exchange and $68.59 on another it can almost instantaneously buy the $68.59 on one exchange and sell @ $68.94 on another. In the stock market under HFT (high frequency trading) they have an entirely different high speed electronic trading pool (dark pool) set up to make it easier for this to happen.

BTC and altcoin trading aren't structured in a way that would allow that type of high speed HFT trading. There is no high speed method to trade/transfer btc or alts between different exchanges. The high percentage fee for exchange withdrawal also is the opposite of HFT and dark pools which have very low cross platform trading percentages by contrast.

Bots in crypto can be less profitable than a buy and hold strategy.

In btc's move from $1200 to $1600 a trading bot could easily have sold at the wrong time which could give someone less profit than had they simply held btc.

A lot of bot trading strategies depend on daily price fluctuations to generate profits. Looking at some altcoin price movements, there are days where prices won't fluctuate more than 1% to 3%. Using a bot to try to take advantage of those percentage-wise small price movements can be a bad strategy for many different reasons.

All of these reasons and more are probably why bots won't see heavy usage anytime soon.
4778  Economy / Marketplace / Re: AI in your product on: May 08, 2017, 09:13:47 PM
AFAIK most gains in the field of artificial intelligence are a result of moore's law roughly doubling the number of transistors on a set area every 12 months or so as litographic silicon etching processes improve.

That is to say, most AI gains are hardware based rather than software based.

I'm not certain if the photoshop "intelligent fill" (is that what its called?) feature, where it intelligently fills an area based on what surrounding areas look like, is AI based but yeah if it is its pretty awesome.
4779  Economy / Gambling discussion / Re: Klitschko vs Josua Info and predictions on: May 08, 2017, 08:40:32 PM
Looks like Anthony Joshua could happen.

If Klitschko doesn't take advantage of the "rematch clause" in his contract, anyhow.

Right now I'm thinking Canelo will beat GGG.

Still need to watch more of GGG's fights to get a better idea of how good he is.
4780  Bitcoin / Bitcoin Discussion / Re: [Unknown] Attack on the Network in Progress on: May 08, 2017, 08:26:45 PM
Is there a way to know if only non BU nodes are being attacked?

It would seem BU has the most to gain from this given they haven't managed to fix their node drop bug .
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