Bitcoin Breaks the $11000 Mark

Discussion in 'Lounge' started by uhub, Nov 29, 2017.

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  1. SynthAnon

    SynthAnon Member

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    Like I said..cryptos are going through the roof. How are your beans?

    Friendly Edit: It's called your own wallet. It's literally your own bank. Open sourced transactions
     
    Last edited: Dec 8, 2017
  2. SynthAnon

    SynthAnon Member

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    If I were a know all maybe I'd be in the other threads knowing all too lmao. This is something I know a ton about. I've lurked this website enough to post an opinion and changed my wording to be more respectful rather quickly didn't I?
     
  3. Amirious

    Amirious Platinum Record

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    Kinda funny cause even in Islamic rules there's no such thing as investing in another currency is gampling. its still an investment if it has value and you can buy things with it. (which you can with CCs) So can you please explain this instead of repeating yourself?
     
  4. SynthAnon

    SynthAnon Member

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    In crypto you can have your own electronic wallet and transactions are made using open sourced code. You can become your own bank
     
  5. Von_Steyr

    Von_Steyr Guest

    @SAiNT do you mine as well?
     
  6. Lambchop

    Lambchop Banned

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    How would you go about asking yourself for a loan?
     
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  7. Amirious

    Amirious Platinum Record

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    I asked him why he drew comparison between investment in foreign currencies and gambling. I know what CCs are, how they work and what you can do with. so please carefully read other posts before quoting.
     
  8. ia

    ia Producer

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    Guys! Please stop it! Please stop dat shit!!! I started to hate this word!!! BITCOIN HERE, BITCOIN THERE, BITCOIN..BITCOIN..BITCOIN..BITCOIN..BITCOIN..BITCOIN..BITCOIN..BITCOIN..BITCOIN..BITCOIN..BITCOIN..BITCOIN..BITCOIN..BITCOIN..BITCOIN..BITCOIN..BITCOIN..BITCOIN..BITCOIN..BITCOIN..
    STOP IT!!! Don't even try! I don't believe dat fuckking shit. Your bitcoin is a bubble! Got it? You will! I promise!
     
  9. SynthAnon

    SynthAnon Member

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    Apologies, maybe it was this sentence that I mistook :rofl:Use punctuation
    "Kinda funny cause even in Islamic rules there's no such thing as investing in another currency is gampling."
     
  10. SynthAnon

    SynthAnon Member

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    Good point. I meant in the sense of being able to make and verify transactions with a currency you 100% own.
     
  11. saltwater

    saltwater Guest

    its not a bubble....... it will turn into one for sure, but not now, its way too small, still.
    once it goes above 50k a coin, housewife's will start investing in bitcoin, then we gonna see a big bubble, possibly going over 1 million or even 5 millions, or even more. capable of bringing down the entire world economy.

    i expect Bitcoin 20k+ next week
     
  12. SynthAnon

    SynthAnon Member

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    The issue imo is electricity. Too much energy consumption to mine
     
  13. Lambchop

    Lambchop Banned

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    So we agree -- that's not a bank, more like ATM/wallet/pocket/piggy bank.
    Yeah, a quality btc shares with foldin' money. You know exactly how much cash is in your pocket, can reach in it & verify it's there, etc., even without a phone/internet connectivity.
     
  14. ia

    ia Producer

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    why do not you understand that this is a pendulum. a pendulum that spirals you farther and farther in your desires for more and more money, playing on your weaknesses and on your greed? This hypnotizes you and makes you bet more and more desperately. The same principle operates at the base of all casinos around the world. And it seems that there is even a Las Vegas algorithm that explains why a casino always wins. I would like to be an idealist and believe in a bright future in this life with the advent of each new technology. But I've already seen so many greedy and speculative things using other people's technologies that I do not believe that humanity will find the correct application of this technology. It would be too naive to think so. Look around. There are already so many who want to make money on this and this thirst for money makes them be inventive. and I'm afraid that they will fuck you before you understand what happened.
     
  15. ia

    ia Producer

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    that sounds crazy. really crazy. I'm afraid that's not a good things gonna happen..
    theoretically it would be a real shit. Also look at a fee. $20.
    https://www.engadget.com/2017/12/06/steam-no-longer-accepts-bitcoin/
    It seems like it's going to be unusable every new day
     
  16. Von_Steyr

    Von_Steyr Guest

    You are seeing things the wrong way.
    So what are you doing then on AZ if you dont believe in digital sharing? You should go and buy each kontakt library, vst synth and plugin you are demoing, thanks to AZ?
    Why is bitcoin any different? Maybe bitcoin it is getting out of hands, but cryptocurrencies mean freedom, especially for small people like you.
    You will be able to build your own studio with a little bit of luck.
    The rules of the game have changed, this is why you came to AZ because it allowed you to grow faster than the generations before us who had zero chances to compete with the best of the best.
    Your whole life is rigged from the time your are born to the time you die, in between you lose time and energy trying to accomplish your goals, with these "matrix hacks" you can live a life you`ve always wanted.
     
  17. SynthAnon

    SynthAnon Member

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    But you don't actually own it. That's the catch and why it isn't like any current ATM/Wallet. It's an open source currency - not printed at interest. I think we're on the same page.
     
  18. au38wzh

    au38wzh Platinum Record

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    I just wanted to buy a GPU for my new PC. I was a bit surprised about the prices and the availability.
    The grabbing hands. Grab all they can.
    Some music, since we're on audio forum - hope you don't mind :)

     
  19. ia

    ia Producer

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    I see the world in more material way than ideal. I used to be idealist and perfectionist. But then I figured out that world doesn't work this way. And thinking ideally cause only more and more pain to me. I don't understand this world. This world is chaos. Maybe that's fine for a world but not for a ideally-minded man with pure heart. So I don't believe in ego-free, copyright-free, profit-free, trick-free, catch-free digital sharing. The richest people on the planet are the embodiment of hypocrisy. Otherwise, they could not have made such a fortune.
    Even books cost money. So to get knowledge you need to pay for that! But if I download this book for free I feel myself not very comfortable. This isn't the way knowledge should flow. And we can't rely on paid book, propriatary tech (source code for example), patents, colledge and universities (they cost money, a lot of money for you) and other commercial-licensed things. This is going to be dead end for some who weak and can't afford it. So where is ideal true? There none. There is only a predator and a victim.
    Look at Cubase ( https://www.steinberg.net/en/extras/copyrights.html ). They using a shitload of open source libraries but they will never let you to use their soft for free. But they all-time glad to give you a bill for every update. And that makes me to think more deeply...
    Yes. But I can't afford to buy it so I should haven't use it. AZ - this is the one of system errors and loopholes that can be used by people with freedom in mind. But world rules called laws prohibit it. Also this public cracking groups achievements are also intended for using by guys like kanye west. They can freely exploit it. This matter is controversial in terms of justice. So this is very interesting topic for me to discuss:winker:

    that's all about money. not creativity. not freedom of creativity. not technological freedom of creativity. only money and speculations around it.

    Maybe, that's would be cool if they will be more transparent and predictible. Also we should to get rid of this $20 fee down to zero. But this is also a great opportunity for illegal things.. a lot of bad things made by big guys.. very big guys.. without a track, proof and evidence.
    but what freedom is? In our reality this is much more buzzword for a lot of people


    Yes, I agree. New technologies dedicated to make out life easier. But we should pay the cost. The cost is our souls. We have been catched by things, trademarks, empty promises and so on.

    Yes! I agree but to compete with guys like Ariana Grande, Lana Del Ray, Hans Zimmer, Justin Bibier you need shit loads of money and luck for a lot of things around DAW and VSTs. This is called capitalism.

    Yes! This is what I was thinking about! This is hacks, cheats. Unfair way. Fast and easy. but it seems like we exploiting too much hacks last time. We need something more grounded and stable. Not Cubase, not any propriatare shit: "If you don't have money - go away from here!" things. In CG community they have a lot of great and beautiful things: 1) Blender with full source code; 2) Steam Audio; 3) Resonance sound by Google; 4) FFTW; 5) Bullet; 6) VXGI and physX - commercial but free and open; 7) SDL and list goes on..
    We need something like this in audio community and completely get rid of proprietary tech and free our minds.
    This is will be real REBUILD of the system, not just hacks with a fear to get lose this war in the next time (as it happened after Gauda's death).
     
  20. ia

    ia Producer

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    this is very unstable lands we trying to ground and grow.
    there a lot of constraints in life and world that prevent you from reaching your desired goals
     
    Last edited: Dec 8, 2017
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