Right now I'm very slowly reading The Pentagon of Power by Lewis Mumford.
Its difficult to read book due to the numerous factoids and abstracts but well worth it. Mumford is very underrated imo. Lewis Mumford should have the fame, hype and accolades which Karl Marx and Keynes have for entirely different reasons.
I'll try to quote a few excerpts from Lewis Mumford to show how his rhetoric differs from other economists.
Its true that there are several unsung heroes in the academics or history who have written the books that could change the course of history that we have come to know but the issue is about those who will recognise them and those who would made that available. The reason why majority of us have heard about Karl Marx, Adams Smith, Plato, and all others, was not because they are special or we liked them, its because what those in charge of giving us knowledge wanted us to know, and what you don't know does not exist to you (in relation to those unsung heroes). Reading through some excerpts in the book you quote, I could understand one of the reasons why they were not popular like their counterparts is because they value morality, the considered the evil men have in their hearts and the extent of oppression they would do to fellow human beings if given the opportunity, they wrote against that. But the people in power don't want that, they want someone telling the kids aspiring to join the Air force that F50 fliers are machines of destructions, or there is no need for nuclear plants etc but that the world is a place of competition where you have to survive by every means necessary and the person, friend, colleague, country is looking to pull you down. |
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Glad to see this is gradually resolved and its all about break in communication or else, its going to be another round of issues that would take days or weeks to go away. Its really Ok to be skeptical $2800 is something while it could be some little amount to some people, it mean a lot to others and that's why emphasis should be shifted from the value that is the subject of discussion. Monday is almost here and all parties should chill and wait till then but from the response read so far, it sure mean that there is no cause for alarm.
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The growth of bitcoin "mining" activity could send the cryptocurrency's price as high as $64,000, investment research firm Fundstrat said Thursday. Bitcoin is created through an energy-intensive process known as mining, in which computers receive the cryptocurrency as reward for solving complex mathematical equations. Processing power to guess the solution is known as "hash power," which Fundstrat predicts will grow 350 percent through 2019. Read more https://www.cnbc.com/2018/05/10/bitcoin-could-soar-as-high-as-64000-next-year-fundstrat-predicts.htmlThis should be in speculations because the way the prediction is done, it made it seems is just going to continue to increase since the only factor responsible for that is mining through the solving of mathematical equation without considering other factors that could even cause a further damage to the already high price. One factor is the mining process itself. Today its being reported about the amount of energy needed to mining bitcoin and as we go on, the difficulty to mine will increase which would mean the need for more electricity and since mining farms still generate power courtesy the state, there would be need to start rationing since power plants would not just be built like schools because of its environmental impacts. This is a major setback in that when mining becomes difficult, confirmations get slower, dumping is imminent then price crash is around the corner. The state regulation is another factor. When bitcoin price reached all time high last year, the noise abounds which is partly responsible for the crash we have witnessed over the past few months. 2019 is just 7 months away, I don't see government folding arms for a bitcoin to worth that much. |
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Hi i'm looking at buying Bitcoin from someone in Australia.
I will pay cash for you to transfer to my wallet.. we will meet up to make the exchange. I just want to see the procedure and how it works when transferring.
Please leave contact details and amount of bitcoin you own.
Look forward to working with you
Why do I think this sound like a sting operation or something with an ulterior motive. You don't need to see the way its being done before you know how send from one wallet to another and if its that compulsory you have to see it, there are plenty videos YouTube that can show you and even some exchange sites have their own dedicated videos on how to use. I am not sure you watch a video or sit with someone using a computer before knowing how to switch it on same way most bitcoin wallets interface are designed. While I am not saying you have bad motive for requesting for this type of trade, for me, I don't see this as a genune reason to want to expose myself to a complete stranger. |
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Hello , I want to share which exchange have some trap and how you can lose lot of money. First i like to change some coin with others and hold only bitcoin . I will speak only for my problem which i have whit this scam exchange. 1. I have coin and i wont to sell that coin in cryptopia and befor i make that deposit i check in Coin info -OK Wallet - Perfect - coin exploer - perfect , no -Maintenance ... iven i send from Cryptopia to Binance .. no problem BUT when i make that deposit my coin is not coming ...why  no body dont tell you . I have that problem two times and first i whait 50 days for that deposit - LOSE 70% of my money becouse that coin fold down .. and when thay send me that .. thay told me just -SORRY . Whit no explain .. nothing .. just take that coin and fuck of . Now i see new support .. 72 and you have anser ,and i told my self ok let see .. guess what same fucking problem . I told my self again dont worry thay have new support and everyting will be alraid .. guess what . i have six transaction six thiket and everytime same anser .. thay will checke . 10 days nothing ... again lose 50% untill now of my money . 2.Remove coin befor you take tham out or something else and you have no time for reaction. 3.Wallet on Maintenance- never ever kip any coine on Cryptopia or Yobit . When is the right time thay just put wallet on Maintenance for long long time whit no information whit that . I have on Yobit 5 coin which is on Maintenance 3 deposit which are missing and whitaut any anser from support . They are many many problems whit that two exchanges but i dont wona right so much ... if someone have problem whit tham and he can not fix tham .. you can ask here and maybe i can help becouse some couse of tham i fix . I can prove all of my problem whit picturs and fils .. and lot documents DO NOT TRADE - DO NOT HOLD - DO NOT INVESTIGATE ON CRYPTOPIA OR YOBIT Thanks You have actually made some reasonable points the way exchange sites operates but unfortunately there is no way to proof this allegations and the excuse they are hiding under is legit since they can claim that the maintenance is needed for the site to be more secure and ensure clients funds are safe when we all know there is possibility of doing more than that for their own selfish reason. Someone suggested that keeping on wallets could curb this but it won't do it totally because even if you have it in your wallet and you send to the site, so far they are doing maintenance, it won't show. The way forward is finding another exchange whose maintenance won't be happening every time there is rapid movement that could mean a lot of money is happening and focus on coins traded on several exchange sites. |
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Iran is facing renewed sanctions from the United States which could signal the start of new economic problems. There are also reports that the Iranian government is looking to create a state-owned cryptocurrency. Full article on BitcoinistIts like the person advising them towards the creation of crypto currency is advising them wrongly because when sanction comes especially from countries like the United States, it comes hard that hit the fabric of their whole economic system down to the common man on the street and any method or policy to reduce the effect is something that would have been prepared for long before the time of the sanction and not now. They are not even considering bitcoin, they are planning to launch their own currency, what different will it make other than what they are facing with the currency they are currently using. Another reason why this is ill advised is because to say they are able to create their own crypto currency, how would they roll out the training and workshop, infrastructure that would serve the whole country without involving external companies and consultants which would be paid in foreign currency or citizens of the country that is sanctioning them. Either way, to look at it, the effect will be massive. |
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Do you think that cryptocurrency should be taught in schools or University? Specially in the field of business management?
As a student, I believe it will give us an advantage to this so called cryptoworld, right?
While I dont see anything wrong with studying crypto currency in the university, I don't see it as giving advantage in the crypto world because what is being taught in the universities are largely theoretical and to have an advantage involves the practical which wont be taught in financial management. Again, the quality of those who will be taking the course, did they have grounded knowledge in the subject matter? or they will have to rely on just the common knowledge of what is available on the internet because to the best of my knowledge, I have not seen any Phd holder that obtained it in the field of crypto currency neither is any paper written by academicians on the subject matter flooded the internet. You want advantage, its on the forum and continue learning about updates thats all. |
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My thoughts on this is that threads like this are actually beneficial to the community because I have read about people exclaiming on how the merit system have been disadvantageous some classes of ranks but with threads like yours, it can bridge that gap by assigning merit to posts that would have gone unnoticed.
On the right category, I somehow agree with the moderator on the response he gave but the way people are tending towards beginners and help does not help either because it makes it as if it meant for newbies alone which is not the case. I think a sub forum should be created under the bitcoin discussion "merit evaluation or something" related to that.
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Hi, I just sent some BTC, but nothing is show yet on the website. The transaction has 6 confirmations. What should I do?
Contact the ChipMixer support at chipmixer@protonmail.comSince there are a lot of users reporting the same issue, this is most likely an issue with ChipMixer's node that is not catching up the new transactions. But don't worry. I'm 100% sure that they are going to fix it and everyone will be able to withdrawal your chips. Reading through from the previous page only point to this issue of nodes which is not updated or synchronising as it should. I think I have witnessed this on an exchange site before having transfer coins showing confirmed on one end and not appearing on the exchange platform. Its started to feel like scam but it was because of their nodes were under maintenance which I believed its something going on here and hopefully it can be resolved very soon before it escalates. |
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Can you PM me more information? Im possibly interested as long as the project seems trustworthy in my eyes.
There is no more information to be given unless you are qualified to take part in the project based on your professionalism. However since you are asking for a loan, then a contract might be the only way to go. However for such a small loan, signing the contract won't simply be like it. And how do you judge this? You ran down a project with your post and at same the time apply for a job there in the same sentence. If I am the one, even if I didn't get anyone to fill the slot, you are surely not getting it. I haven't seen anything bad in what he has said as leaking any information without getting some amount commitment is shooting himself in the foot because before you talk about strategy, an announcement thread is already launched and there is absolutely no way to proof stealing of idea because of anonymity.
There is no more information to be given unless you are qualified to take part in the project based on your professionalism.
i'm interesting about this sentence
how about your professionalism ? can you show me your current work ? i can show if you do the same, then i will considering to join your team.
I think its a job that you choose whether to apply or not? I believe the way it works is that someone looking for a job will show a potential employer why he is the best candidate based on past experience and not the other way round which is exactly what is happening here. |
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Perhaps this topic will arouse extreme emotions, but it needs to be created. I will not write exactly why I decided to do it.
I do not intend to accuse anyone. However, it is true that unfortunately many bounty campaigns are conducted without honesty. I met this myself.
How to best deal with suspicions of fraud - intentional actions (e.g. not counting coinage or not paying out money) [it is really easy to find out that something is wrong] ?
How to counteract it. Unfortunately I recently met with a bounty which was quite successful. I don't know what to do at all. On one side I have it somewhere. People will always not be honest. On the other hand, it awakens anger and a desire to warn against dishonest people and the ICO (even the successful ones) for the future.
One thing. Only not telling me that the rank or merit of something gives here. Unfortunately, I have a feeling that the "higher" you are: someone is, the more you are in your ass (of course it's not the majority, but unfortunately it's still a large part of this group).
Even though your expression is not really straight forward and difficult to understand, I still get a glimpse of what is being said. A visit to the bounty section of the forum will just show the amount of bounties running concurrently. How on earth would there be accountability? You see the bounty campaign is an infested area of crypto currency and its a dicey area to really take a decisive action to clean up because it will be interpreted as a way to kill initiative as the way I interpret it, developers just use it as a way for cheap advertisements. That is not to say there are no legitimate ones there which makes the responsibility of not being ripped off time and energy falls on the bounty hunters not to just jump at every nicely designed thread, every "first" technology and that "great" team composition because you will mostly have to wait till after the ICO before having the chance of being paid which would have been several weeks gone. |
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Yes it is a very old news and if I remember it correct it was done last 2014. I dont know why the author posted this topic possibly he have its own reasons why. Anyway to refresh us with this topic last May 2014, the declaration was made by the government including the central bank of bolivia to ban bitcoin and cryptocurrency since it is not controlled by the government. The problem is the other countries on South America such a Brazil and Argentina were permissive to cryptocurrency. If we look at it it was only Bolivia among all the countries who banned bitcoin and the rest were permissive. I guess we should already lock this topic since it is very old. A news is old because you have read it before but not to someone who just reading it. In between 2014 when the news broke and now, a lot of people have joined the crypto industry and where not opportune to have read the news at the time. I joined in 2016 and this would be the first time I will be reading on the forum concerning the stand of Bolivia against bitcoin and it has even been inexistence since 4 years ago. I would really want to know how effective the ban has been and if the people engaged in bitcoin then or those who joined in that part of the world have been stopped totally because it seems most the countries that don't have the technical capacity to implement their laws against bitcoin are only doing it to make a statement and not really backed by any action. |
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The question is following:
How to make deals in crypto currency?
As I know signing a document gives nothing, because it has no legal effect. I provide some services and it is a real headache sometimes.
Deals with < 1 BTC are completed with no problems. But if it is much bigger, here comes the problems. I can't change the type of payment. There is no fraud. Clients which I know in person do not ask such questions or have some mistrust. But if we don't know each other and he contacts me for service, there is a long conversation with no result. I want to break this wall.
Have you dealt with such problem? How did you solve it?
I would appreciate it if you could give me some advice. Thanks.
When it comes to business, try to separate it from fun or closeness. If you are finding it difficult to break, just do it gradually. Get another friend of yours to act as your client executive and when you negotiate, just inform your client that my client executive will just send you some paper works just for organization purposes and nothing serious. Then inform them to send it back to you when they sign so as to avoid disagreements. Before you do that, just have a template letter of engagement or memorandum of understanding which will detailed all of your terms and currency expressly and ensure you comply with it. It might be difficult at first, but eventually they will fall in line and you can know within you that you have move forward in your service rendering. |
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At some point, people will get tired if they cannot turn what they earn into money. The reason why I don't play game of points is because every amount acquired is just dummy and worthless afterall just some imaginary riches. Imagine what would happen to your platform if it can afford people the opportunity to change into something worthwhile.
My advise, I think its time to start opening up to other things that are about moving to the next level. When it get to certain point even your dream can be too big for you alone to carry that you have to bring in new people and that is the stage you are now for you to have garner such amount of bloggers on your platform.
One you need to start accepting those corporate organisations ready to advertise but rather than collecting money for the space, try something like partnership in that instead of them paying you, let them have a market place where those token holders can use their tokens in addition to some amount of dollars to buy on your advertisers site. Doing this will save you a lot of trouble of managing financial laws of having to convert tokens to money, and again the companies approaching you gets what they want which is publicity everybody wins.
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Hi everyone,
I have some thoughts about the future of cryptocurrencies. At some point, even if they do not get to be regulated, still the countries will have somehow their own digital currencies issued. How do we make sure that BTC will dominate the respective national cryptos of each country? Or BTC will eventually turn entirely into an asset, leaving space for other currencies as means of payment?
Simply thoughts about the future from a new guy.
The future of crypto currencies at this time still remains in a dicey scenerio at this time but your fear is a valid one though because at some point when government decides to accept the reality of crypto currency, they would surely come up with their own crypto and because of the power of legality, the media to push it, the agency to enforce it, its more likely that those might be more popular than the bitcoin or other crypto coins that we have now. However, if there is any consolation, there is one thing that btc will have that those wont have which is the anonymity and control. We all know that when government comes with their currency, there control will surely be present and I dont expect some already involved with this current situation be appealed with whatever is coming. Another reason is that so far one country launched its own crypto, I am sure others are towing the same line which then means they would be competing against each other and while the local crypto might be winning in their respective countries, btc will have its way internationally. |
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Blockchain not just about bitcoin and virtual currency, at least this is happening in my country (Indonesia), the latest news that the General Directorate of Taxes provides taxation services by adopting blockchain technology. They believe that blockchain technology can be a more transparent taxation solution in Indonesia. In my opinion, bitcoin with its blockchain technology has many positive impacts on the world economy. Technology blockchain banks in the world is only a matter of time. Banks that have implemented Blockchain on their systems include the Royal Bank of Canada (RBC). They developed a distributed ledger technology (DLT) system based on Blockchain technology, and named Hyperledger. Bank OCBC has also used Blockchain technology to transfer funds between OCBC branch offices in Singapore and Malaysia. The money transfer process takes only about 5 minutes. Bank Santander. The British bank has also started using Blockchain technology in its services. Bank Santander uses Blockchain technology to service payments abroad, through new applications. This means the world has unconsciously received the presence of Bitcoin. Due to evidence of security and speed of blockchain technology brought by Bitcoin. I believe that bitcoin has a bright future, and countries in the world will simultaneously recognize and legalize bitcoin. Let's discuss this, share information about the development of bitcoin and blockchain you know, and express your opinion about it here, the results I expect from this discussion, can reinforce the existence of bitcoin. Of course a lot of people know that Blockchain goes beyond bitcoin but the one that is easy to understand is the language of money that's why it seems that concentration is on the part that can bring in USD. Do you also know that a lot of people cannot even explain concisely the difference between Blockchain and bitcoin and so vast in the art of trading, ICOs, legalisation of bitcoin, SEC message, what Warren or Gate said etc. I have read about quite an amount of development of blockchain atleast at it relates to accounting. I read about EY establishing blockchain centres around the world showing the practical ways it can be implemented in business decisions. Their counterpart PWC announced they are launching blockchain audit service for their clients that have started using it without disclosing which of their client. All of these point to the fact that the technology has come to stay and despite the attention focused on bitcoin part, it does not remove the efficacy of the technology behind it. |
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This is too much precaution or its really better never store cryptos in exchange? All exchanges are risky ?
From the time that I came across crypto, storing assets on exchange sites has always been discouraged by everybody even if its within months of joining (mainly because of hacking) and this was extended to web wallets too (because of hacking, change of policies, outright scam etc.) This however was reduced in 2017 because there was some compensation for keeping on exchange which was the era of forks where you get to have access to it and exchange sites credit you even before there are offline wallets to keep those coins and this will avail the opportunity to cash out when the price was high. But today, all of those vibes are gone and I doubt if anyone still keep tab of it again. The point is we are back to the earlier part, don't keep your fund where you cannot control especially exchange sites. |
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It isn't lucky fans of bitcoin.
Now the bitcoin was attacked" by Warren Buffett, and the price has again spread down...
It is a lot of epithets. Not mine, Buffett.)))
Giving yesterday, 07.05.18, CNBC interview, it has told that buyers of bitkon whom he has characterized as "rat poison in a square" look forward who will pay more for their "anything-worthless-artificial-gold"...
The mysticism around bitcoin generates the unhealthy interest and not reasonable rise of the price, and there is the next soap bubble, such as, tulip fever in Holland in the 17th century.
"When you don't understand an essence, the mysticism bewitches and excites. People like to speculate and gamble."
And Charlie Munger his old partner and the vice-head of board of his Berkshire company has compared a race behind bitcoin to biting definition of Oscar Wilde of "hunting for foxes", or "Silent hunters pursue that are inedible"....
What your thinks?
What we think does not matter really, because those whose opinion mattered in the determination of the price of bitcoin have given it and the effect is what we are left to discuss around it then console ourselves nonetheless. I am really not perturbed and think Warren is only having his day on bitcoin price at the moment which won't last forever. Just like during the tikes when any news from China (whether rumours or grapevine) it cause serious damage which would take weeks if not months to recover down to days then hours for reaction so also this comments would be in the near future. What needed to be done is we ensure we survived till that time. |
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I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?
Yes I have read several posts like that but sometimes the bitterness are justified but not to the point of crypto replacing banks because that won't happen. Banks all over the world expects that you cannot transfer certain amount of money from your account without reason and such reason must be valid to the extent that even today in my country, if you want to pay for school fees abroad the bank won't release foreign currency to you rather they will charge you, then pay the fees to the school account directly invariably they are dictating how you use your money and how much you can have access to at a particular time but all of this rules are sure not applicable to the high and mighty of the society. But for crypto, there is no discrimination whether you are a senator or a teacher, an ambassador or a civil servant. It does not matter. |
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the government will never agree with bitcoin. it is true that you say, bitcoin can damage paper money and can forget history for every country. but the government will not be able to stop bitcoin if all the people continue to believe in bitcoin.
The same reason why governments have never agreed on anything despite the fake gestures they put up for the camera, is the same reason why they wont agree on bitcoin and even if world bank come with regulations or sanctions, some countries wont still accept and turn them to toothless bulldog just like every other world bodies. Furthermore, simple things such as gay marriage (in which personally I believe everyone has right to be miserable in marriage irrespective of sexual orientation), marijuana legalization ( which I believe its the worst menace of the society) or death penalty ( which I also believe should not be an easy way out for some crimes). Governments could not agree on it, not to talk of something as complex as bitcoin that could change the whole of our existence, I doubt if they can agree on that. |
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