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(27 People Likes) What will be the starting price of Bitcoin cash?
n China, have billions on the line. I’d suggest they take it pretty seriously
This biggest misconception I see from bloggers is they don’t realize that these currencies are very different than equities. The biggest difference is currencies have no intrinsic value (equities do). Currencies are only valued relative to another currency – specifically their relative expected interest rate. (I’m gonna oversimplify here and argue interest and inflation are pretty similar things. If you’re interested I can take a shot at that one)
In cryptoworld, inflation is mandated. It uses miners to meter out inflation into the market. Mining is an extremely competitive market. So, if “Bitcoin Billy” learns “Ether Eddie” is making more money, he heads that way… As a result, the relative value of the currencies should be a function of the relative amount of coin they go digging up each day. If BTC trades over that implied amount, I’d suggest that’ Best Sex Dolls the value they expect from BTC Cash.
So, let’s try it. Go to Cryptocurrency Mining vs. Bitcoin Mining Profitability
. You can mine 028 BTC a day, compared to 0.0338 ETH. (Two most liquid coins) So, that implies that BTC should trade at 12.071x ETH. Right now, ETH is $196.32.
EXPECTED BTC = 12.071 ETH x $196.32 ETH/USD = $2,463
So, BTC should be trading ~$2,463 USD. The quote I get on Kraken is $2,763 USD. So, the easy math says that investors expect
BTC Cash = $2,763 actual price less $2,463 normal price = $300
As an aside, this is why it’s usually safer to trade paired cryptos and not USD denominated stuff, where the comparison is a little oblique. If you want to make a smart bet here, I’d suggest the ETH/BTC paid should trade at 0.08284 (or the inverse of our 12.071x.) Anytime it moves more than around 10% either way, I like to buy it (or s dollar tree loves park ll it) It’s called a “correlation trade”
(Oh, did I mention that the traded pair ETH/BTC is around 0.07 right now… and yes, I bought a bunch. I’m not recommending you be an idiot like me. Instead watch…. See where it is in 10 days. BTC may go down, ETH may go up. The best part about correlation trades is: you don’t care, the only thing that matters is the trade is “decoupled” right now. And, almost a
(91 People Likes) If you had an opportunity to write a letter to your first love, what would it say?
nd I was very happy for a while, hearing for the first time “I love you” and repeating it back to you. I learned to have a partner, to share my life, to know new things daily just because, out of nowhere, you came out.
Why did this only last you three months?
I know you already had another boyfriend, but he was in the USA, he never called or sent letters… I was absolutely sure that, with everything we were living in, this guy was a card out of the deck for a long time! Why did you throw it all away when he decided to spend his vacations here?
And yet, after I suffered so much, lost ten pounds, cried day and night… You still wanted to come back with me when he came back to the USA. Even though you knew you would broke my heart again when he got back. Even though you knew I would suffer all over again.
I, young and inexperienced, thought I could win you back… And, once again, I won your presence by my side. And the pleasure of having you, and everything else that involved. You got sick when we broke up just before he came back… And I gave in, I came back with you, I didn’t want to see you suffer.
It didn’t work the other way around, did it?
Because you took pleasure in seeing me suffer. You would like to see that someone suffer for loving you. I think you didn’t even liked the American that much… You just liked to be with someone and see someone else suffer for losing you.
For years I considered you a very special person. After all the roller coaster that we were dating, we are still friends, in fact, friends with a lot of benefits. If we counted the years we went to bed, we would hit a decade, even though the courtship only lasted a year and a half. This only happened because I still liked – in the sense of having affinity, not love – you. I still admired you in some way.
But suddenly, in our last conversation… I finally understood. I finally realized that you REALLY enjoyed seeing me suffer. It’s your nature! At no time did you worry about what I felt… All the time, what was worth was what you felt.
I am not like that.
I have ended dating still liking my girlfriend for realizing that she was suffering. I already ended relationships that shouldn’t involve feelings when I realized that the girl was getting involved – and suffering.
You need to know how to put yourself in the shoes of others.
This is an enigma to you.
(53 People Likes) Is it true that “only the Federal Reserve can create money”?
s in the form of Federal Reserve Notes (FRN). U.S. Dollars aren’t the only money that exists. Many other nations coin their own money.
In this day and age, it doesn’t even take a government, or a central bank to create money. Ask Satoshi Nakamoto, creator of BitCoin.
Even though some, myself included, consider things like BitCoin to be money, it still doesn’t enjoy the same legal protections that one would expect from a national currency like U.S. Dollars.
Mainly, the legal protections I’m talking about are counterfeit protections and legal tender laws.
If I somehow discovered how to duplicate BitCoins, who would prosecute me? Who would have jurisdiction to prosecute me? There’s a chance that if I spent the counterfeit BitCoins, I could be sued for fraud. There’s perhaps a few places where I would be criminally prosecuted for spending the counterfeit BitCoins. However, the act of actually creating the counterfeit coins wouldn’t be illegal. In contrast, if I fired up a printer in my basement and ran off some brand new $100 FNRs, I’d face the possibility of prosecution and imprisonment for simply creating them. Even if I didn’t spend a single one.
Secondly, are legal tender laws. If I offered BitCoins as payment for a debt in the United States, and the creditor refused to accept the BitCoins, I’d have no recourse. I’d have to come up with the U.S. Dollars. However, if I offered a creditor U.S. Dollars, and the creditor says he’d rather have my house, my car, or my BitCoins, I’d win in court, and the creditor would be forced to take my Dollars and not my house, car or BitCoins.
In short, there’s a lot of ways to create “money”, which is simply a medium of exchange. However, I have a feeling that when your question says “money”, you mean a curr
(49 People Likes) What are the disadvantages of being born in India?
possible. However despite all the mentioned points, I love my country and cannot imagine being born anywhere else.
Corruption. From the national leaders, the top bureaucrats to the policemen and lowly clerks, everyone is corrupt. I’d say almost everyone is corrupt. Money is leeched out of our country in hordes each passing day, money which should have been spent to develop our country further, reduce poverty and combat other serious perils faced by India.
Lack of dependability. You just cannot expect the police/fire department to be there on time. If something takes 10 days to complete, it gets completed in 50 days here.
Lack of national pride. We hate our country for so many things. And its easy since there’s precious few to love about India at the moment. Indians however love everything to do with the west. We think its paradise on earth. Umreeca, kanneda and englaaaand, the top three nations where Indians love to go and settle. And yes, they live there and yet cannot pronounce the names properly.
Inter religion hate. Yes this is still prevalent in most parts of the nation. Parents teach their children to hate followers of other religions. We do not accept people from other religions so easily. For example, lets say you want to rent a room in an upscale metro in India. There’s a huge chance you may be rejected for being from another religion, eating meat, being a north eastern etc. Yes we discriminate our own fellow citizens too. And this is hammered into our brains throughout our childhood by a variety of jokes and stories.
We know less about our country than the west. We probably could name more American states than Indian ones. We hardly know about our country’s leaders etc.
Our education system is, rather was too rigid. We were taught a lot of things, mostly facts, which are of little use. And we never gained practical experience. Its all theory here. Our teachers aren’t up to the mark, our syllabus is way outdated, we don’t have facilities like projectors etc. We still had a brilliant education system. It might be based on rote learning, yet it gained amazing results. Now copying the west, like we always do, we’ve began the process of reducing our education system to a much less demanding and a more student friendly system where everyone participates and learns through doing. Balls that would work, i had exams at the end of each semester. I did nothing throughout the year except those ten days of exams each semester. That system works brilliantly in India. We do not have the resources like those of the developed countries to implement their education system here. And why do we even want that system, we were much better off i’d say.
We learn to shy away from responsibility. Read my previous points. I always blamed the government, the system and never myself. We excel in blaming others. The politicians are corrupt and hence our country cannot progress. Well that’s essentially true, but its because of us that they’re corrupt. Our country isn’t dirty because of the govt, its because we, myself included throw trash on the ground rather than in a bin.
Costly Health Care. Too many people, too few doctors. Obtaining medical degree a nightmare. You can see where i’m going with this.
Values. Balls to your so called values. That’s what i would like to say to so many of the values and traditions the upper generation keep on forcing upon me. They were relevant in your time, not mine, so please back off. A few of them are actually good though. But most are way to rigid for the 21st century.
The huge disparity between the have and the have-nots. Now imagine we go for lunch and a movie in Delhi (the capital city, my city). The movie would cost about 200-300 bucks in a decent hall. The popcorn plus snack about 150. Lets round it off to 370 bucks. Now lunch. Even McDonalds, the cheapest of the proper restaurants would cost about 150-200 bucks minimum. Let the total be 550 bucks. Take 50 for travel, though autorickshaw rates have jacked up a lot recently. Let the total be 600 bucks, and here i’m low-balling as much as possible. There are people who support huge families with wages like 30 bucks a day. That too on days they can actually find jobs. That’s 900 bucks for a whole family for a whole month. Taking one dollar to be 60 bucks, thats like 15 USD. Good luck surviving on that. Yet people survive. And it sickens me when i think of how rashly i spend money when people live in such situations.
Its sucks being a girl here. Its sucks being a guy too, but i think females have it way worse. From female infanticide to dowry (a tradition where the brides family gifts the grooms family exorbitant sums of money, jewellery, automobiles etc for no apparent reason), girls have it worse. Plus many parents don not believe in wasting money to educate their daughters. So many families want their sons to marry a well educated girl, but she should not work after marriage. Then comes the crimes against women. They’re alarmingly high and sometimes really nasty. We suck. I don’t know what goes in a molester/rapists’ mind, and so i cannot fathom why they do it. But we seriously need to combat these crimes so that our cities and towns become safe for women.
Bullshit customs like honor killings. Basically the village/town community decides to kill their own kin because they dared to fall in love. I don’t get it either. But this happens a lot. And there are so many other creepy disturbing customs too.
We don’t care. If the country is dirty, we’ll make a fuss on earth day, and then the next day throw trash on the ground. If a stranger needs help, balls to them, we’ve got our own problems. Our country is in a pathetic state at the present moment and we just don’t care.
We spend more on marriages than probably the entire education, school, college, post grad, everything combined. Yet we bargain for amounts as less as a buck from the local vegetable vendor. I mean just give the poor guy that buck.
Social Reservations in schools, colleges, govt jobs and now if i’m not wrong even promotions in govt jobs. So basically if you’re a prime idiot belonging to a caste of supposed lower standing, you get into a good school easily, an awesome college with virtually no hard work, you get a great job, and you even get fucking promoted. Welcome to India. People say reservation is done to uplift the poor societies, then make it a fucking economic reservation rather than a social one. We have, actually had an exam called the AIEEE. The All India Engineering Entrance Exam. Its the exam with the highest participants, about one million each year (We love engineering here). Most decent colleges get over by rank 40k. But wait, those are only the general category seats. We still have a plethora of reserved seats to fill with lesser rank people just because they belong to some caste. So a 42k guy might not get a seat, but some 500k guy would. God bless our nation.
We face a lot of racism when we go abroad. But its not like we don’t reciprocate. We complain on end about the excessive racism we face outside yet are completely oblivious to our own racist deeds.
We don’t have many of the facilities provided in the west, It sucks sometimes, but we manage. We’re very good at jugaad, basically getting our work done someway or the other.
Too much population. It equates to too much competition. You have to be the best among the best. Or you’re just another average guy. That’s the harsh fact of life.
Lastly and mostly importantly, there is no security here. I’m not talking about security against robbers etc, that’s also not there, but i digress. If you fail in life, go to your family, if they can’t support you, neither will the state. You’ll go hungry and die unless you find a job. you cannot depend on the country to take care of you. This is why Indians save up a lot. When hard times come, we have to be well prepared.
Every country faces problems, India faces more than its share of problems, yet its a brilliant country to grow up in. We may complain against our nation all day long, but deep down e
(97 People Likes) How can I find the best sex doll supplier?
r would be Real Doll, hands down. So many options to choose from to create the woman of your dreams. They are expensive, but they are well built, and look and feel so real, check them out at REALDOLL – THE WORLD’S FINEST LOVE D
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