Knowledge is power, the old saying goes, but it isn't much use if it's hidden away so we're excited to learn that the US Library of Congress is making 25 million of its records available for free, for anyone to access online.
The bibliographic data sets, like digital library cards, cover music, books, maps, manuscripts, and more, and their publication online marks the biggest release of digital records in the Library's history.
"The Library of Congress is our nation's monument to knowledge and we need to make sure the doors are open wide for everyone, not just physically but digitally too," says Librarian of Congress Carla Hayden.
"Unlocking the rich data in the Library's online catalogue is a great step forward. I'm excited to see how people will put this information to use."
Researchers and analysts will get most use out of the new records, but there's plenty of potential for them to be used in apps and databases as well. The Library hosted a Hack-to-Learn workshop looking at how the data could be used.
If it belongs to the American people, then it should be readily available for free for us to access at any time. We shouldn't have to go to a physical library to get access.
I think everyone with at least half a brain knows we are in a bubble. What's the reason of latest Bitcoin increase? 100s of thousands unconfirmed transactions? How about all these crowdsales and ICOs based on Ethereum? All these "exciting" projects? Why DGB is close to 900 satoshi? DOGE? My personal opinion is that the price of a coin (or whatever) should be justified with usage and I don't think that usage of digital currencies has increased THIS much. Don't get me wrong - I'm also excited with the latest BTC increase and everything, but I'm always thinking about the future and now I think it looks scary...
I think it's a bubble too. The price for everything has just gone up like crazy for a few months now. We're due for a drop.
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BoardBeginners & Help
Topic OP
What is HODL?
by
forthewin
on 21/05/2017, 13:23:53 UTC
What is HODL. I keep seeing is used but I don't know what it stands for.
South Koreas central bank has published a new working paper analyzing a dual-currency regime by pitting cryptocurrencies against traditional fiat currencies. Fiat currencies have been historically known to decrease continuously, the authors confirm, due to inflation and the factor of new money pumped in to the supply by the central bank, also known as quantitative easing. Bitcoin, in stark contrast, has a fixed supply which would imply a deflationary bias, the authors note. However, security or trust issues the decentralization of digital currency and the absence of insurance provided by governmental authorities may prevent digital currency from being used as a store of value. Instead, digital currency may be used as a medium of exchange dominantly. Do you agree with this research result?
These results are pretty much what we already know but it's good that they agree that bitcoin is deflationary because that is something that most of us think is a good thing.
Hi guys! It's often discussed here that you can't make any money from gambling, but in general it's just not true. House edge is usually quite low so the most of the money go back to players. Of course some one wins more than he bet, some one wins less and loses in the end. It's all about luck. I am sure that the most of you was lucky at least once and made some nice money. So my question goes here: How did you spend this money? Did you buy some presents for your close ones? Did you buy something for you? Did you invested it, saved it or even put back into gambling (and then made even more or lost it?)? Share your stories ) Cheers, OshiHugo
I always take the money out that I win so I can cash in the profits.
Anytime you win in gambling it's best to take your profits because the odds are always against the players.
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BoardBitcoin Discussion
Re: Number of Bitcoin users.
by
forthewin
on 14/04/2017, 13:47:46 UTC
I assume that there aren't many people around the world that have bitcoins. There are probably even fewer that actually use them. I'm sure lots of people are just getting bitcoins and holding them.
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BoardBitcoin Discussion
Re: When I talk to NON-BitcoinTalkers they don't know..
by
forthewin
on 30/03/2017, 18:48:56 UTC
Most people I talk to may have heard of bitcoin but have no idea how to get any. In fact, most of them don't know what bitcoin is.
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BoardBitcoin Discussion
Re: I am pretty confident we are the new wealthy elite, gentlemen.
by
forthewin
on 25/06/2016, 16:06:52 UTC
Unfortunately I don't have very much bitcoin right now so I don't know if I qualify. It's going to take me a long time to get 10 bitcoins if ever.
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BoardTrading Discussion
Re: How do I grow my btc?
by
forthewin
on 06/06/2016, 17:06:17 UTC
You can try to add some Bitcoin by using faucets or a signature campaign or sell the bitcoin you have and buy again later when the price is lower so you can buy more.
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BoardTrading Discussion
Re: Exchange best for you
by
forthewin
on 19/05/2016, 13:22:21 UTC
Keeping commissions low is going to draw a lot of business. Also making the site user friendly helps.
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BoardBitcoin Discussion
Re: What's your biggest problem with Bitcoin
by
forthewin
on 19/05/2016, 13:15:37 UTC
I've noticed that if I make small transactions with Bitcoin (send a small amount to someone), there is usually a relatively large transaction fee. I've also heard that in the future, fees will increase to pay miners. I see this as a problem.
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BoardSpeculation
Re: how much gonna be 1 BTC in a year?
by
forthewin
on 19/05/2016, 13:04:40 UTC
I think the price will increase in a year. If I had to guess, I expect a 10% increase which would be close to $500.
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BoardGambling discussion
Re: Everyone looses in the long run
by
forthewin
on 19/05/2016, 12:54:10 UTC
There are professional poker players that can win but the average gambler is most likely going to lose if they play enough.
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BoardEconomics
Re: Why do people keep saying BTC is dead?!
by
forthewin
on 09/05/2016, 17:02:41 UTC
Bitcoin is still just catching on and may never fully catch on. People don't know the potential benefits to it and only see the negative news.
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BoardGambling discussion
Re: Is it a sin to gamble?
by
forthewin
on 09/05/2016, 16:52:26 UTC
I think it depends on if it controls your life or not. If you gamble just for fun and don't let it control you, then it may be okay (but I'm no expert).
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BoardBitcoin Discussion
Re: How do you store your bitcoins?
by
forthewin
on 09/05/2016, 16:42:34 UTC
Don't put bitcoins on a website or exchange that you haven't researched. And even if you do, don't put all of it there. You never know who to trust and who will go out of business.