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Binary Options: A Sickening Scam
The Art of a Binary Options Scam
Binary options, fraudulent “trading products” that are designed to part prospective investors from their money are very different from real options. In essence, they are simply a bet that the price of a particular asset will rise in a given time frame. If you win the gamble, the company is supposed to pay a fixed payout, within the 70%-95% range. If you lose, however, you not only lose the “payout” but the initial investment as well. If this was merely the case this would fall under the category of gambling, something that millions upon millions of individuals do recreationally. However, that is primarily not the case. With almost all binary options brokers you are “trading” against the broker and not the market. The broker wants you to lose, or else the company would not make a profit. Even if the broker pays out your winnings he can easily govern your profit with payout conditions. This means that even if you have a winning formula, the company will just decrease the payout, ensuring you ultimately lose in the long term.
There is more to the scam
That, unfortunately, is not where it ends. Numerous “brokers” are notorious for spreading fictitious stories about their clientele making gigantic profits with trading robots. Almost all of them manipulate their price curves to prevent you from winning. What’s worse is even if you do win, many of them refuse to pay out, and ultimately drop off the face of the earth (with your money). Now clients are left in with a major dilemma. To whom do they turn? To the police? To regulators? The answer to these questions is that it depends. Most of these binary options brokers are not regulated and are located offshore, allowing them to do what they want. Often in their terms and conditions, they concoct various rules that ensure they keep your money once they have it. When it comes to regulators such as ASIC or the FCA they are relatively useless as they cannot shut down the actual binary options websites and to make it even worse search engines such as Google allow these websites to appear in their search content.
Shouldn’t the banks put a stop to this?
Yes, they should. However, the banks, which should be the number one line of defense against these scams either do not know the extent of the problem or are turning a blind eye to their nefarious activities. Additionally, in order to process credit card, debit card payments most of the binary options brokers have registered a small company in an E.U. country.
Unfortunately, fraud encourages more fraud. Various individuals targeted U.S. citizens who were swindled by the now-defunct brokerage, Banc de Binary, and a few other binary options companies that were being sued by the SEC or the CFTC (Commodity Futures Trading Commission). They impersonated SEC officials as part of an advanced-fee fraud scheme in which they deceived victims into forwarding them money. Approximately 95 individuals were targeted by this despicable scheme and 25 of them sent 235 thousand dollars in total to these swindlers. What to Do if You Have Been Scammed If you have fallen victim to a cryptocurrency scam, send a complaint to at [[email protected]](mailto:[email protected]), and we will do our very best to get into contact with you as soon as we can to initiate your funds recovery process.
Immediate Edge Review, Is Immediate Edge SCAM Or Legit Trading App?
Immediate Edge Review: Is This Crypto Robot Legit or Scam Immediate Edge Review and investigation 20twenty. The Immediate Edge app is a crypto, forex and choices trading robot utilized by folks to automatically obtain and sell Bitcoin and create profits. Wanting at the website, many people claim it helped them move from rags-to-riches trading Bitcoin. Further, some claims linked it to Ronaldo and Sir Alex Ferguson https://preview.redd.it/rttn3i4hohm51.jpg?width=1280&format=pjpg&auto=webp&s=8f0dc345c3ace4032d571d44fabe356f13ff1a33 Is Immediate Edge app legit or scam? Whereas the claims of its linkage to the higher than celebrities are unverifiable, we tend to can verify that the app is not a scam and permits individuals to trade Bitcoin using the Fibonacci strategy with ten minutes time frames The app, that allows people to deposit at least $250 through mastercard and Sofort, scores 88% rate and a 5 stars as a real software Since there are several scam cryptos, forex and options brokers who trick individuals to depositing money, and then they run away with the funds, we have taken time to review this software to determine if it is real or a scam. Is Immediate Edge scam or legit High success rate is reported by users with this software. The Immediate Edge web site provides truthful claims about the service though it will not mean the crypto trading risks are eliminated with its use. Customers should start with the minimum investment and increase it when satisfied with the utilization of the app. Click the link to access Immediate Edge official web site or keep reading to understand more This software will not seem to be a scam and users report that it helped them make real money trading on it.b site What is Immediate Edge App? Immediate Edgecould be a robot or auto-trading software that allows folks to trade forex, crypto and binary choices. A user deploys the algorithm-primarily based bot, which relies on a trading strategy that's automatically executed on a broker trading platform once deployed. The strategy is coded or set like to permit the user to automatically get and sell crypto, stock or choices on the broker platform at favorable prices, to form profits. It can do automatic market analysis by analyzing a vast amount of knowledge from completely different sources, at intervals seconds and with high accuracy, then use the data to predict the costs. It can then come up with a transparent buy or sell tradable signal and then execute it automatically by shopping for and/or selling on the broker platform. The software can, therefore, save a trader thousands of manual hours and labor they might have spent analyzing information to form trading choices and to follow the markets and to position and close trades. You conjointly do not want to understand anything concerning crypto, stock or option trading to use this auto trading app, although it is suggested to possess this information to keep improving on trading. Trading bots will achieve high success rates of more than 90p.c and have been tested to work. You may be searching for Immediate Edge scam but the website can tell you that you can expect to earn between $950 and $a pair of,two hundred per day using the software but that depends on your expertise. As a newbie, you'll not start making that a lot of immediately and conjointly it depends on how a lot of you invest. With an investment of $250, you'll be able to expect to form a lot of lesser although some people claim to own made $12a pair of in a very few hours using this software. That will not mean Immediate Edge is error-free. There still is a heap of unpredictable high volatility in crypto and bots will make mistakes and errors to create losses. Auto trading robots are better employed in combination with manual trading strategies. https://preview.redd.it/1zkt9v3johm51.jpg?width=1280&format=pjpg&auto=webp&s=85f7e7f5d0e9d6b60b4a8a6e37bb344dbbb8305c Immediate Edge Review How will Immediate Edge work? All a user has to try and do is join up at the Immediate Edge web site, then deposit funds to have access to the robot, when which they can begin trading by switching on the bot. It will would like no control or intervention from humans, beyond beginning and stopping it. You additionally need to stay checking, daily, to observe the performance of the software in doing its job and ensure that it is earning any returns needless to say. From there, you can confirm whether or not to extend or decrease your investment towards crypto, options or stock trading using this robot. You'll be able to also monitor performance to be ready to regulate the trading settings from your dashboard and optimize totally different features of the trading bot for instance set amount of trades or amount to invest in every trade. Founder of Immediate Edge In line with the Immediate Edge website, this trading bot was founded by Edwin James. Reportedly, he created billions with forex, crypto, and binary options trading and still shares his strategies on the way to trade the assets on the app. He founded the app to create it potential for brand spanking new traders to create cash in less than 3 minutes of signing up. How to sign up on Immediate Edge: Registration: Registering or signing up on the website is free but to start trading, you want to deposit no less than $250. You discover a registration type on the top right of the page, on that you type in your email, full names and phone numbers and country code. Create a password to be used for logging in later. Deposit funds: Depositing funds allows you to connect to a robot broker and then you'll begin the bot to start out trading. You'll deposit with Visa, Wire Transfers, Klarna or Skrill. The currencies supported are Swiss Franc, British Pound, US Greenback, and Euro and using a credit or debit card limits deposits to less than $/£/€/?10,00zero in one day and $/£/€/?40,000 in an exceedingly month. Immediate Edgeisn’t licensed to handle your funds, it works with brokers to handle the cash once it's deposited. Demo trading: Relying on the broker you're connected to, you can begin to practice trading with the Immediate Edge software. Some brokers do not have this feature on their platforms. Still, with the latter, you can test their options before you deposit cash to try and do live trading. With the demo options, you'll be able to familiarize yourself with the trading house before beginning to use real money to trade. Trading: Before and when you've got switched on auto-trading, you would like to check the trading settings daily. You'll regulate some things including stop-loss orders and when to try to to them, amount to speculate per trade and how several trades to try to to per day. You'll be able to also choose that cryptocurrencies to trade, and you'll be able to select all the most in style ones together with Bitcoin and Ethereum. You also get to observe the profits/losses and decide if to continue and/or when to prevent. https://preview.redd.it/c9scw5fkohm51.jpg?width=1280&format=pjpg&auto=webp&s=3d127be2887c4c8960023a8cf1b1f55297dbf250 Withdrawals, user verification, cost of using the app and alternative options The payouts or withdrawals are made by filling letter of invitation type on the funds’ management page and it can take two operating days to replicate in your checking account. No fee is charged on withdrawals. You'll withdraw your cash including the capital while not a lot of problem on this app, that is better than several that don't enable withdrawals at any time While some bots need verifications by asking for your ID and statements, this one will not. You are done once uploading your payment details. The bot charges a commission on profit. Besides, you get twenty fouseven client support on Immediate Edge Immediate Edge may be a legit, secure, user-friendly trading application for crypto, stocks, and choices. It has a zealous customer service and reports a high success rate. Another smart robot we have recently reviewed is Bitcoin Professional We tend to hope that this review helped you to make a decision concerning this trading app. Additionally, subscribe to our web site to be invariably notified concerning new software from this industry. For live reviews subscribe to our Youtube Channel or FB Page. https://www.immediateedge.org/ https://www.facebook.com/immediateedge/ https://www.pinterest.co.uk/immediateedge/ https://twitter.com/EdgeImmediate https://www.instagram.com/immediateedge/
Binary Options Review; Best Binary Options Brokers
Binary Options Review; Best Binary Options Brokers We have compared the best regulated binary options brokers and platforms in May 2020 and created this top list. Every binary options company here has been personally reviewed by us to help you find the best binary options platform for both beginners and experts. The broker comparison list below shows which binary trading sites came out on top based on different criteria. You can put different trading signals into consideration such as using payout (maximum returns), minimum deposit, bonus offers, or if the operator is regulated or not. You can also read full reviews of each broker, helping you make the best choice. This review is to ensure traders don't lose money in their trading account. How to Compare Brokers and Platforms In order to trade binary options, you need to engage the services of a binary options broker that accepts clients from your country e.g. check US trade requirements if you are in the United States. Here at bitcoinbinaryoptionsreview.com, we have provided all the best comparison factors that will help you select which trading broker to open an account with. We have also looked at our most popular or frequently asked questions, and have noted that these are important factors when traders are comparing different brokers:
What is the Minimum Deposit? (These range from $5 or $10 up to $250)
Are they regulated or licensed, and with which regulator?
Can I open a Demo Account?
Is there a signals service, and is it free?
Can I trade on my mobile phone and is there a mobile app?
Is there a Bonus available for new trader accounts? What are the Terms and
Who has the best binary trading platform? Do you need high detail charts with technical analysis indicators?
Which broker has the best asset lists? Do they offer forex, cryptocurrency, commodities, indices, and stocks – and how many of each?
Which broker has the largest range of expiry times (30 seconds, 60 seconds, end of the day, long term, etc?)
How much is the minimum trade size or amount?
What types of options are available? (Touch, Ladder, Boundary, Pairs, etc)
Additional Tools – Like Early closure or Metatrader 4 (Mt4) plugin or integration
Do they operate a Robot or offer automated trading software?
What is Customer Service like? Do they offer telephone, email and live chat customer support – and in which countries? Do they list direct contact details?
Who has the best payouts or maximum returns? Check the markets you will trade.
The Regulated Binary Brokers Regulation and licensing is a key factor when judging the best broker. Unregulated brokers are not always scams, or untrustworthy, but it does mean a trader must do more ‘due diligence’ before trading with them. A regulated broker is the safest option. Regulators - Leading regulatory bodies include:
CySec – The Cyprus Securities and Exchange Commission (Cyprus and the EU)
FCA – Financial Conduct Authority (UK)
CFTC – Commodity Futures Trading Commission (US)
FSB – Financial Services Board (South Africa)
ASIC – Australia Securities and Investment Commission
There are other regulators in addition to the above, and in some cases, brokers will be regulated by more than one organization. This is becoming more common in Europe where binary options are coming under increased scrutiny. Reputable, premier brands will have regulation of some sort. Regulation is there to protect traders, to ensure their money is correctly held and to give them a path to take in the event of a dispute. It should therefore be an important consideration when choosing a trading partner. Bonuses - Both sign up bonuses and demo accounts are used to attract new clients. Bonuses are often a deposit match, a one-off payment, or risk-free trade. Whatever the form of a bonus, there are terms and conditions that need to be read. It is worth taking the time to understand those terms before signing up or clicking accept on a bonus offer. If the terms are not to your liking then the bonus loses any attraction and that broker may not be the best choice. Some bonus terms tie in your initial deposit too. It is worth reading T&Cs before agreeing to any bonus, and worth noting that many brokers will give you the option to ‘opt-out’ of taking a bonus. Using a bonus effectively is harder than it sounds. If considering taking up one of these offers, think about whether, and how, it might affect your trading. One common issue is that turnover requirements within the terms, often cause traders to ‘over-trade’. If the bonus does not suit you, turn it down. How to Find the Right Broker But how do you find a good broker? Well, that’s where BitcoinBinaryOptionsReview.com comes in. We assess and evaluate binary options brokers so that traders know exactly what to expect when signing up with them. Our financial experts have more than 20 years of experience in the financial business and have reviewed dozens of brokers. Being former traders ourselves, we know precisely what you need. That’s why we’ll do our best to provide our readers with the most accurate information. We are one of the leading websites in this area of expertise, with very detailed and thorough analyses of every broker we encounter. You will notice that each aspect of any broker’s offer has a separate article about it, which just goes to show you how seriously we approach each company. This website is your best source of information about binary options brokers and one of your best tools in determining which one of them you want as your link to the binary options market. Why Use a Binary Options Trading Review? So, why is all this relevant? As you may already know, it is difficult to fully control things that take place online. There are people who only pose as binary options brokers in order to scam you and disappear with your money. True, most of the brokers we encounter turn out to be legit, but why take unnecessary risks? Just let us do our job and then check out the results before making any major decisions. All our investigations regarding brokers’ reliability can be seen if you click on our Scam Tab, so give it a go and see how we operate. More detailed scam reports than these are simply impossible to find. However, the most important part of this website can be found if you go to our Brokers Tab. There you can find extensive analyses of numerous binary options brokers irrespective of your trading strategy. Each company is represented with an all-encompassing review and several other articles dealing with various aspects of their offer. A list containing the very best choices will appear on your screen as you enter our website whose intuitive design will allow you to access all the most important information in real-time. We will explain minimum deposits, money withdrawals, bonuses, trading platforms, and many more topics down to the smallest detail. Rest assured, this amount of high-quality content dedicated exclusively to trading cannot be found anywhere else. Therefore, visiting us before making any important decisions regarding this type of trading is the best thing to do. CONCLUSION: Stay ahead of the market, and recover from all kinds of binary options trading loss, including market losses in bitcoin, cryptocurrency, and forex markets too. Send your request via email to - [email protected]
HOW TO TRADE BINARY OPTIONS ON THISOPTION BINARY EXCHANGE
Some people say cryptocurrency trades are hard. Some others hold the view that trading cryptocurrencies can be one of the sweetest ways of making money. Whichever way you view it, the truth is that cryptocurrencies have a lot of potentials. Besides, you will soon realize that Binary trading is one of the easiest only if you understood what it takes to trade cryptocurrencies that way. ADDRESSING THE CHALLENGES Considering the challenge some cryptocurrency traders have (I guess you may be having the issues) with binary trading; I deemed it fit to seek some viable solutions. I later found a veritable platform where you can trade on binary options without having to rack your brain or take more time than required to figure out the market direction. The name of that platform is Thisoption, and in this review, I will show you how you can start trading binary options on the platform. GETTING STARTED In this section, I will show you all you need to know about trading binary options, cryptocurrencies, FOREX, and stocks on Thisoption. It all starts with creating an account and following the subsequent steps; Step 1: Create an Account As mentioned earlier, everything you need to become a professional binary options trade starts with signing up for an account on the Thisoption binary exchange. To do that, you will need to provide your accurate details, as: -Full name -Email address -Create a new password and -Confirm your email address Have in mind that the Thisoption binary exchange has many things in store for you. For example, you stand a chance to receive a gift, as well as granted access to multiple trading tools immediately you sign up for an account. Step 2: Fund Your Account Once you’ve confirmed your email address and have access to your Thisoption binary exchange account, the next step would be to fund your account. Interestingly, it wouldn’t take you more than a few minute to do that because Thisoption has many payment methods that will work for you. Step 3: Do the Work This is where the major work starts. With the trading tools you already have, you can use the same to predict the movement of the market. By predicting the market direction, you will be qualifying yourself to make some money if your prediction comes out as expected. How to Predict Markets Predicting the direction of the binary market isn’t tasking as you might have been made to believe. Instead, it is one of the easiest things you can do. For example, there are 2 major ways you can predict market directions/movements. The first method is to use your many years of experience and the trading tools. The other is to seek the help of binary trade specialists on Thisoption who will help you make an accurate prediction. The Excellent Market Prediction Guide There are no two ways of predicting the movement of a binary market. As you may have known, it is all about buying and selling. Therefore, your major task is to predict whether a particular binary market will go up to make profits or go down to cause losses. Advantages of Predicting Binary Markets on Thisoption You can now see how easy it is to predict the direction of binary markets on Thisoption. Yet, there are some other things I think you should know about the platform. The first is that you can predict on many markets because Thisoption provides you with up to 100 assets. The second is that you can be confident of not being defrauded because the Thisoption binary exchange is regulated in some places. Finally, Thisoption has one of the fastest payout systems pegged at 1 hour. Therefore, withdrawing your earnings on binary predictions will be processed at the speed of light. Wrapping Up Thisoption just made binary trading easier and simpler for everyone. If you have been looking for ways to become a binary trader without many issues, Thisoption is the platform to rely on. The YouTube video below will also give you a proper guide to the Thisoption exchange; USEFUL LINKS ▶ ️ Extons: https://www.extons.io ▶ ️ THISOPTION: https://thisoption.com ▶ ️ Whitepaper: https://www.extons.io/whitepaper ▶ ️ Telegram: https://t.me/thisoption ▶ ️ ANN : https://bitcointalk.org/index.php?topic=5263768 ▶ ️ Medium: https://email@example.com AUTHOR’S DETAILS Bitcointalk Username- Vunchan Bitcointalk Profile link- https://bitcointalk.org/index.php?action=profile;u=2774784;sa=summary https://preview.redd.it/f0rivf1w2ck51.jpg?width=1080&format=pjpg&auto=webp&s=14cb21972b5af5d52d51390cf5b9d02f7ca88969 https://preview.redd.it/3fokoems2ck51.jpg?width=1080&format=pjpg&auto=webp&s=e86d18f111d8d34f4c885b41d2d9480fc0482659 https://preview.redd.it/4qhua7um2ck51.jpg?width=1080&format=pjpg&auto=webp&s=079be71d4d5ec10c2c9fc6ffc394573983d6e366
Addressing Canada’s Employment Insurance Gap For Self-Employed Workers
Source: TD Ksenia Bushmeneva, Economist Dated July 15th, 2020
While the pandemic had devastated the overall labor market, workers in more precarious and non-standard work arrangements have been especially hard-hit.
Yet, many of these workers do not have access to employment insurance (EI) or run a higher risk than regular workers of not meeting qualification conditions. Only 64% of unemployed Canadians contributed to EI in 2018, meaning that millions would be left without financial assistance in the absence of the Canada Emergency Response Benefit (CERB).
Extending EI coverage to non-standard workers does have challenges. However, there is a growing understanding among many countries that these workers require social protection. More than two thirds of the OECD countries offer at least partial coverage for the self-employed. Their experience offers valuable lessons if Canada decides to follow suit.
The labor market recovery is likely to be uneven and protracted. This is especially true for self-employed and other non-standard workers, since their hours and incomes are more volatile and less protected. Having a more inclusive system with a broader contribution base, which accommodates non-standard workers but also includes a larger number of regular employees would help strengthen the recovery and build on economic gains achieved so far through the temporary CERB program.
The COVID-19 pandemic delivered a sudden and devastating blow to the Canadian labor market. Between February and April, millions of people lost their jobs as employment plunged by 16%. Unlike in previous recessions, the impact this time around has been disproportionately felt by workers in more precarious employment arrangements: part-time, temporary and self-employed, who are less likely to have access to unemployment insurance (EI). These types of work arrangement are more prevalent in the service sector industries, many of which have been hard-hit during this downturn. As of June, year-over-year (y/y) employment in part-time and temporary positions was down by 17% and 24%, respectively (Chart 1). For multiple job holders, employment fell by nearly 40%. By comparison, the 7% y/y decline in permanent positions seems relatively modest.
As dramatic as these declines are, they may still under-represent the pandemic’s toll on employment and incomes. Notably, overall hours worked fell more than employment during the months of lockdown and social distancing. This is especially true for non-standard workers who were more likely to work fewer hours than regular employees. For example, while self-employed workers saw only a 3% drop in employment since February, 43% of self-employed worked less than half of their usual hours in May (Chart 2). By comparison, among all employees, only 9% worked less than half of their usual hours. Moreover, self-employed people who were away from work were more hard-hit financially as they were far less likely to still be paid. Among incorporated self-employed workers with zero hours, less than 1 in 10 received pay compared to 1 in 4 for regular employees in the same situation.
As a result of the significant drop in hours worked, a far larger portion of the labor force was underutilized than suggested by the unemployment rate alone. While the official unemployment rate was 12.3% in June (equivalent to 2.45 million people), Statistics Canada noted that nearly 27% of the potential labour force was ‘underutilized’. The significant gap between the drop in the hours worked versus the more modest decline in employment helps to explain why 8.3 million of people have applied the Canada Emergency Response Benefit (CERB) (at any point during this crisis).
It is clear that self-employed and other non-standard workers were more impacted by the pandemic. Yet these workers usually have the least access to social safety nets, such as EI. Currently, EI unemployment benefits are mostly accessible to employees in the most traditional sense of the word: those that work full-time in a permanent positions for a single employer. By contrast, self-employed workers are not eligible for EIi, and, while those in temporary, contract and part-time positions are eligible, they might not have a chance to accumulate enough insurable hours to qualify because their work arrangements are less stable. Due to lack of EI coverage and significant loss of hours, nearly 40% of self-employed workers applied for CERB benefits, while only 12% and 5% of private and public employees did (Chart 3).
The reasons why some workers, such as those that are self-employed, are excluded are rooted in the design of the EI program. The program is based on insurance principles, with both employers and employees paying into it through mandatory contributions. The corollary is that those workers who have not paid in, as well as those who have left voluntarily without just cause, are disqualified. Contributions are also intended to make the program self-sufficient in the long-run as has been the case in Canada in recent years. In the case of self-employed workers, there’s also an issue of moral hazard when it comes to determining what represents a valid job separation (more on this in the section below: “What Complicates Offering EI Coverage For Non-Standard Workers”). For this and other reasons, many non-standard workers are currently ineligible for unemployment insurance.
These gaps in coverage have been growing as the job market has steadily tilted towards more non-standard work arrangements. In 2018, only 64% of unemployed Canadians had contributed to EI.ii Even among workers who have contributed, only 88% had accumulated enough insurable hours to qualify for benefits, which, depending on the regional level of unemployment, ranges between 420-700 hours in the 52-week period. The combined influence implies a relatively low EI coverage ratio for Canadian workers – out of 1.1 million Canadians who were unemployed in 2018, only 56% were eligible for EI.1 The share of unemployed workers who actually received EI benefits is even lower, averaging slightly above 40%.2 This is considerably below the median coverage among developed counties, which is around 60%.3
Due to data limitations and because non-standard workers include many different types of employment arrangements which may overlap, it is difficult to know with precision the prevalence of non-standard work in Canada. About 15% of Canadian workers are self-employed, while 17% work part-time. In 2016, Statistics Canada estimated that gig workers (self-employed freelancers, on-demand online workers and day labourers) accounted for roughly 8%-10% of Canadian workers. About half of those workers were relying exclusively on their gig income and had no other employment, making them ineligible for EI benefits.4
The low coverage rate and other limitations of the current EI system have been highlighted extensively in other research literature.5 For example, the fact that benefit eligibility and generosity varies geographically across Canada implies that there’s significant variability in coverage rates across provinces. EI coverage ratios are particularly low in Ontario, British Columbia and Alberta – all three provinces which also have above-national prevalence of self-employment (see Charts 4).6
In order to mitigate these shortcomings in the near term, the Canadian government rolled out the CERB program. Compared to EI, CERB qualification rules are very straightforward and were a quick means to provide financial assistance to an extremely broad and large number of applicants that included previously uninsured workers. CERB’s eligibility replaced the insurable hours threshold with a low and uniform income threshold, with anyone over the age of 15, having earned more than $5,000 in income in 2019 and who have lost their job or hours due to COVID-19. This had provided a helping hand to millions of non-standard workers in Canada. However, it has come with a steep price tag: in just three months since it was launched the government had already paid out $55 billions in benefits (as of July 5th) – nearly three times last year’s annual spending on EI and $28 billion more than it had predicted at the conception of the program.
CERB coverage was originally offered for 16 weeks, and was recently extended for an additional 8 weeks. However, it will start expiring in September for the earliest recipients, long before the labour market and certain industries are back to health. Unless adjustments are made to the EI program to accommodate non-standard workers, many of them may suddenly find themselves without unemployment assistance.
What Complicates Offering EI Coverage For Non-Standard Workers
Limited social protection for self-employed and other non-standard workers is not an issue unique to Canada. In most developed countries, non-standard workers have lower social protection compared to regular employees, with unemployment benefits being the least accessible benefit (Charts 5-8). Why is that and what makes implementation of unemployment insurance coverage for self-employed workers challenging for policymakers?
First of all, providing unemployment insurance for self-employed workers (and other non-standard workers) raises the issue of moral hazard. Put another way, presence of EI coverage may change behavior of self-employed workers making them less likely to take on work and more likely to remain unemployed. Non-standard workers tend to have more variable income, and they are far more likely to have lower future earnings than regular employees due, for example, to smaller assignments and contracts, or flexible pricing on various labor platforms (e.g. Uber). Lower expected future earnings could prompt them to quit in favor of EI benefits. More volatile earnings also make it more challenging to determine the appropriate income replacement rate. However, one solution to this could be to use income averaged over a period of time.
Secondly, for regular workers, reasons for leaving a job are transparent and can be verified with the employer. This is difficult to achieve in the case of non-standard workers. For example, if they avoid smaller assignments, then they will lose work but this will be impossible for government agencies to determine.
Some countries (e.g. Sweden, Austria, Slovakia, Spain) offer a voluntary option for self-employed workers to enroll into an employment insurance plan. However, a voluntary arrangement raises the issue of adverse selection. Workers with the highest risks or those that are most likely to make a claim have the greatest incentive to join, which limits the risk-sharing aspect of the program.
Adverse selection is something that Canada experienced first hand when it introduced the Special Benefits for Self-employed Workers (SBSE) in 2010 through the EI system, which allowed self employed workers to opt-in to gain access to maternity and parental benefits, sickness benefits and compassionate care and caregiver benefits. A 2016 program review study found that the characteristics, such as gender, age and income, of the self-employed workers who participated in the SBSE program were considerably different from the general sample of self-employed workers. In focus group studies, participants also indicated that the likelihood of making a claim was an important consideration for their decision to register for the benefits.7 Other issues with the voluntary scheme included a relatively low take-up rate, which in turn led to relatively high administration costs and required significant government subsidies to cover benefit payouts. Longer-run, low coverage is problematic for voluntary, contributions-financed, unemployment insurance schemes, as adverse selection could lead to a vicious cycle of rising insurance premiums and falling coverage. Meanwhile, achieving high coverage may require significant public subsidies because individual willingness to voluntarily pay for unemployment protection appears to be low.8 For those reasons, voluntary coverage schemes do not appear to work well in the case of non-standard workers.
Lastly, the current EI system is based on contributions from both employees and employers. In the case of the self-employed, it is not clear who will pick up the tab for the employer portion of the contribution. If the government subsidizes the employer portion, it could create adverse incentives for employers to hire a self-employed worker to reduce non-wage related labor costs. However, a lack of coverage for non-standard workers could also lead to this outcome, contributing to a rise in non-standard forms of employment. For example, in Italy, para-subordinate workers (self-employed but highly depended on one or very few clients) used to pay significantly lower pension contributions and were not eligible for unemployment and sickness benefits, resulting in significantly lower non-wage labor costs and a rising number of para-subordinated workers. In response to this Italy had gradually increased their contribution rates and expanded coverage. Levelling the playing field led to a significant decline in the prevalence of this type of employment. Austria had a similar experience with independent contractors.
Some Solutions Based on The International Experience
Despite the challenges in expanding unemployment insurance to non-standard workers, there is a growing understanding among many countries that the growing share of non-standard workers need social protection. As a result, more than two thirds of the OECD countries now offer at least partial unemployment benefits to self-employed workers. There’s a great variety of schemes, ranging from mandatory to partial and voluntary coverage, and no two are exactly alike. Still, their experience offers valuable lessons for Canada if it wishes to incorporate self-employed (and potentially other non-standard) workers into its EI system.
So what are some of the solutions of dealing with the higher moral hazard issue for non-standard workers? Lower level of EI benefits or a more restrictive access could be imposed in order to incentivize individuals to search for work or to keep their current job, and to offset higher level of moral hazard. In Sweden, for example, the moral hazard issue is mitigated through more restrictive access, allowing self-employed workers to claim benefits only after 5 years have passed since the previous claim. There is also a requirement that the firm has been shut down, which acts as an additional deterrent.
To mitigate adverse selection, upon starting a business, self-employed individuals in Austria have six months to decide whether they would like to participate in the voluntary unemployment insurance scheme, and that decision is binding for 8 years. In Canada, only half of startups survive to their eight-year anniversary, so there is a high likelihood EI could be used at least once by many self-employed business owners during this time period.10
Generally speaking, based on the OECD review,11 there appears to be a consensus that voluntary coverage schemes, particularly the ones with little or no commitment, such as Canada’s EI SBSE for the self-employed, are quite rare and do not work well to accommodate non-standard employment due to prevalent adverse selection, low participation and the significant public subsidies required to operate them.
On the other hand, mandatory EI contributions and coverage, like the one that currently exists for regular employees, would resolve the issue of adverse selection, hold more closely to the principle of risk sharing within their peer groups, and help to lower program costs. However, results from past surveys conducted in Canada found that there was little support among the self-employed for a mandatory contribution scheme.12 Due to the nature of their work, many self-employed workers indicated a preference to minimize their absence from work (to avoid the risk of losing clients etc.) suggesting that, unless their contribution rates are significantly lower, self-employed workers may get less “value-for-money” from EI programs, such as for example maternity/paternity leave, than traditional employees. The less predictable nature of their income means that they are likely more in need of an income protection program rather than employment insurance.
Indeed, based on surveys, their preferred financing option for temporary work/income disruptions was a tax-sheltered savings account.13 This is another viable alternative to contributions-funded EI, however, the downside is that individual contribution rates would need to be significantly higher in order to generate sufficient savings because there will be no splitting of contribution between employers and employees. There is also a risk that individuals, particularly those in part-time or low-income jobs, may not be able to accumulate sufficient savings to weather the unemployment or low-earnings spell.
For other non-standard workers, such as those with flexible hours or doing work for an online platform, one solution would be to introduce a wage premium for employees doing flexible work. This would compensate workers for the added income uncertainty. In Australia, for example, casual workers are entitled to a wage premium or have a minimum hours guarantee.
Lastly, if the goal is to make social protection more universal and harmonized across all forms of employment, a means-tested social protection system financed through general taxation, similar to that of Australia and New Zealand, could be adopted. However, moving to these systems would require a complete overhaul of Canada’s current contribution-based EI.
The labor market recovery is likely to be uneven and protracted. Even those workers that were able to return to work could remain underutilized and continue to face lower earnings due to social distancing restrictions and weaker consumer demand for a considerable period of time. This is especially true for self-employed and other non-standard workers, since their hours and incomes are more volatile and less protected. The rollout of CERB during the pandemic has been very helpful to address gaps in coverage within the current EI system. However, looking ahead, a more sustainable and permanent solution is required for workers outside the EI system. Having a more inclusive system with a broader contribution base, which accommodates non-standard workers but also includes a larger number of regular employees through more inclusive qualification criteria would help strengthen the recovery and maintain economic gains that were so far accomplished through CERB.
The traditional EI system is based on a binary choice of whether or not someone has a job. It is clear that with non-standard forms of employment becoming more prevalent, fewer people fit into that box. These workers need some form of insurance against joblessness as well as income volatility both during the current economic recovery and in the future to address the changing nature of employment relationships. Many OECD countries now offer various options for non-standard workers to participate in unemployment insurance systems, and their experience offers valuable lessons if Canada decides to follow suit.
Since 2010 self-employed workers can voluntarily participate in EI Special Benefit for Self-Employed Workers (SBSE) to gain access to many life event-type benefits accessible to regular employees, such as maternity and paternity leave programs, leave due to sickness or to care for an sick family member. In addition to this, current EI system allows certain exceptions for some non-standard workers. For example some individuals who work independently as barbers, hairdressers, taxi drivers, drivers of other passenger vehicles are eligible to receive benefits through the regular EI program. Fishermen are also included as insured persons under the EI Fishing Regulations. In the case of the self- employed fishermen, EI qualification is tied to income. In order to qualify for up to 26 weeks of benefit, they need to have earned between $2,500 to $4,200 in the last 31 weeks.
The two main reasons for not contributing to the EI program were not having worked in the previous 12 months, and non-insurable employment (which includes self-employment).
(How) Should we judge people who access music from different sources than we do? How long concerts, a major source of income for less famous artists, will be too dangerous remains to be seen, but if the financial incentive for musicians to make music is as strong as economists think, we could be in for a long and worsening dry spell. A hungry musical genius might not create the next masterpiece if the link to putting food on the table is severed. No better time to consider the payout-tied morality of different ways to access music. I hope you’ll share your opinions using the following framework or your own. “Music” refers to an “indie” artist w/ all songs under a million views on YouTube (arbitrary cut-off point). I’m not talking about the “winners” in the “winner-take-all market” that is the music industry (and so many others). u/classiscot , u/soulcoal , and other veterans of this forum employ a moral dichotomy of “paying artists” (good) Vs. “not paying artists” (bad). Or possibly a trichotomy w/ eMusic even worse than average pirates b/c subscribers are paying the company to steal from artists and record labels. There’s utility in this simplicity, but like most binary views it leaves out gray areas and the more complicated, inclusive reality of music access as a whole. I’ll leave out the likelihood, in my view, that eMu is still paying some artists/labels or they’d all abandon ship and/or file a class action lawsuit b/c I’ve harped on it a lot elsewhere. Here’s a series of other, systematic ways of contextualizing the morality of remaining subscribed to eMusic in these difficult, uncertain times. I obviously prefer the more complex one. DICHOTOMOUS: Paying artists (Bandcamp, streaming services, etc.) Vs. Not paying artists (Pirate sites, file sharers, much of eMusic, etc.) “TRICHOTOMOUS”: Paying artists Vs. Not paying artists Vs. Charging a subscription fee to steal from artists EXCESSIVELY COMPLICATED IN PURSUIT OF NUANCED OPINIONS: To avoid going wildly out of control, I’ll limit myself to the 26 letters of the alphabet in my opinionated moral ranking, w/ A being “most moral/best” and Z being “least moral/worst.” Rather than drawing a line between moral and immoral, I'll punt and call letters K-Q “morally ambiguous” even to my all-judging self. I hope others will rearrange the alphabet (selectively…I’m not asking for hours of anyone’s time) with their own rankings. i.e. I guess/approximate u/classiscot’s as C, B, M, W (b/c it hurts eMu), T, P, V, X, Z, J (all helping eMu at the bottom of the scale) but solicit his actual input. Anyone else who’d like to weigh in, especially anyone who’s a musician or themselves in the industry, please do! Judge now lest ye not be judged thyself. I’ve probably missed several obvious options and don’t know how to add more letters to the alphabet. A1, Z1, etc.? Maybe use my letters as reference points and insert what I’ve missed between them? Note that D, J, L, & W directly involve eMusic. I gather most who do so disparage any financial support or interaction w/ eMu at all uniformly for simplicity’s sake, but given several ways to get music from the site, they’re worth parsing individually. MOST MORAL A. Get access for “free” b/c your job (or volunteer position) is to promote the artist (Clearly it’s the music industry’s loss if anyone commenting here is not actively working in it.) B. Attending an artist’s concerts religiously, buying physical media from their merch table, direct GoFundme campaigns (As u/Soulcoal and others duly point out, this is THE major source of income for less popular artists who’ll never be able to support themselves any other way) C. Use of Bandcamp to maximally subscribe to one’s favorite artist’s output (including full-priced purchases of full discographies). D. Use of eMu tokens to purchase MP3s from eMusic (Blockchain. I still haven’t heard of any accounts of anyone actually doing this, but it should at least address accusations of non-payment of artists b/c it’s transparent) E. Buy a new vinyl record or new CD at one of the dwindling brick & mortar stores that still sell them. F. Listen to an independent radio station (i.e. community/college-based) G. Listen to an old-fashioned commercial radio station (I’d say it’s morally ambiguous to listen to Top40 radio, though, but that my inner curmudgeon typing. I’m not even sure indie artists, new jazz, etc. even get played on any commercial radio stations.) H. Borrow or otherwise listen to someone else’s copy (i.e. friend or family member’s) of an album they bought new, then buy more of it oneself. Burning a copy of it to CD-R rather than buying it would be worse, but does anyone still do that? I. Buy a used CD or used Record online or at a used music store (Recent years show how dependent this means is upon people buying albums new in the first place. I welcome someone else to speculate how much buying a used CD helps the artist.) J. Annual or monthly eMusic subscription (in hopes that it sustains eMu and will one day result in it being a viable business, doing its part to compensate artists, assuming it is still paying some artists/labels or they’d ALL leave the site) MORALLY AMBIGUOUS K. Innocently purchase a promotional copy of an album (i.e. as often happens in used CD stores that purchased stock from a radio station…only the disc itself or the interior of the liner notes, invisible at time of purchase, may be stamped with “for promotional use only”) L. Purchase of discounted eMusic booster packs (a concession to Soulcoal’s distaste for them) M. Paid subscription to the highest compensation-per-stream, non-gigantic service (currently Napster, or correct me if I’m wrong) N. Paid subscription to a middling compensation-per-stream service (i.e. Tidal, Spotify, etc.). As I rant in a blog post, even if compensation improved, streaming services contribute to single-fication of music consumption and the death of the album, which I see as a moral injury. http://www.omnifoo.info/pages/Streaming%20Mad.html O. Paid subscription to one of the huge corporations’ streaming services (Giving more money to Amazon, Google, and Apple, even if they pay more per stream than some, is morally ambiguous at best given things like their carbon footprints, enabling of crass consumerism, using market share to squeeze artists/labels, crowd out small businesses, and the possibility that unless anti-trust enforcement increases a lot they’ll someday own everything that people can purchase). P. 7% of people (the same as the % who buy physical media or download from iTunes or elsewhere) surveyed in the link say they “don’t really listen to music,” which I think is evil and wrong, but I won’t force them to change their evil ways. Am I saying people should buy music even if they don’t listen to music? Kinda. To abstain or take the option of exit seems to be denied many Asian citizens (and probably elsewhere, too), where music is blasted in public over loudspeakers. I’m glad Skinny Puppy got paid for their songs being used at Guantánamo, but I’m sure detainees and other captive audiences aren’t much concerned about artist compensation. https://blog.hubspot.com/marketing/online-music-listening-preferences Q. Free streaming service accounts supported by ads (i.e. Spotify. Even if you’re not bothered by your music being interrupted and financially supported by ads, I think it’s morally questionable, especially in the long term.) Kids I’ve talked to (some of whom equate music w/ Spotify or YouTube…scary!) who can’t afford a paid subscription need to talk to their parents about a family plan or listen to the radio, I say! PROBABLY IMMORAL R. Repeatedly doing free, 1-month trials of streaming sites and canceling before payment. S. Streaming music on YouTube or other sites while using AdBlock on your browser (on the assumption that artists aren’t getting paid if ads aren’t being played) as one’s sole source of music. T. Streaming music on YouTube from accounts not connected to artists themselves or their record labels (YouTube polices this but is pretty lax, especially for more obscure artists, songs, etc.) U. Download all of a friend or family member’s albums that you like w/out buying any of it oneself (assuming they were originally purchased properly). V. Knowingly buy counterfeit physical media. (In developing countries, one can still buy counterfeit CDs of surprising quality and selection, and around the turn of the 21st century, this seemed to be the primary means of people there getting to own music. Maybe it still put food on street vendor families’ tables? And as w/ pirated DVDs, there are upsides to spreading culture to poor people. This phenomenon mainly affected the most famous, I assume, who were losing the most revenue. I do know a ton of stores were shut down in China.) W. Repeatedly signing up for eMusic’s 1-month new subscriber bonus under different email addresses (I read someone’s account of doing this and it struck me as entirely too clever, maybe a way to ensure that eMu’s non-payment of artists worsens, possibly an active contribution to sinking the site once and for all?) X. Use of (Russian or other) pirate downloading sites Y. Stealing records or CDs from a college radio station (this one is personally irksome, having managed one and been a DJ) Z. Stealing one’s way into a concert, making a bootleg recording (to be sold for personal profit), robbing the merch table, hacking into a label’s website to steal its music. Then maybe stealing a backstage pass and sucker-punching the lead singer or bandleader, slashing the band’s van tires afterwards. LEAST MORAL Note that this is still a trichotomy. Placement in any of the three moral categories is just my opinion, and specific rankings are something you’re very welcome to argue for and change my mind. I hope the letters can be used as shorthand when doing so (i.e. One could argue X is worse than Z b/c it’s so easy and can be done on such a large scale.) Perhaps some less moral options and certainly many morally ambiguous ones, IMO, can be offset by promoting the artist. You may tell me I’m deluding myself, but even if eMu is as horrible as some say for artists still on the site, I do believe that posting about them here, on FB, my website, etc. does a small but morally absolving bit of good to spread the word about what we all agree is mostly unknown music at this point. My main contention remains that standard, dominant means of music access (via YouTube as on most of Reddit or other streaming services whether paid or free) categorized as “good” in a dichotomy b/c they do pay artists pay so little (literal pennies per month) as to be morally worse than an eMu subscription. Or at very least, getting on a high horse with a megaphone about how terrible eMu is compared to streaming is vastly overstated. A streaming service subscriber who hopes artist compensation will get better somehow is, IMO, morally no better than an eMusic subscriber who is ignorant of its spotty record on compensation or who also hopes that it can become a viable business again and do right by artists. In sum, yes, I’m still an apologist, maybe naive in optimism that eMu can still be a positive influence in a deeply unfair industry, whether or not it currently is.
As is standard with most Binary Options trading platforms, Binomo doesn’t charge a fee for the use of their services. The platform doesn’t charge a fee to traders based on commission either. Instead, the service makes its income through the money gained when a trader loses a trade. This method makes it a highly lucrative option for traders, especially those that prefer to trade at higher levels. It’s also worth noting that Binomo offers an extra incentive to VIP clients in the form of payouts, between 87-100% in most cases. Alongside the lack of fees and lower cost for traders, Binomo is a highly attractive option for many traders – whether they’re starting out or are old hands in the industry.
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This is a copy of my article on INN, as links to the site can't be posted on Reddit. It’s an unfortunate fact that bots are a loathed part of every multiplayer game I’ve played. From idlebots in Team Fortess 2 farming items and ruining team balance, through leveling bots in League of Legends gumming up the 3v3 queue, to mining macros in Runescape. But it seems botting is something that uniquely effects EVE Online, and as a result of that it’s something that is rallied against at every turn, as we saw with the relentless finger-pointing over who harbors the most bots over the past few weeks. This comes down to the fact that not only do bots generate an advantage for their user, they also serve to lessen the advantage other players get for the same amount of work, as both bots and players produce by and large the same thing. This means players have to deal with bots devaluing the work they themselves put effort into doing, which is understandably a frustrating thing to feel, as it can mean the difference between being able to play as an Omega instead of as an Alpha for players with limited time availability. Something I’ve noticed in those other games about the bots however is that they were significantly worse than players. Idlebots were easy to kill after the game was over, LoL bots were free wins to the point it was boring, even Runescape bots could be tripped up if they were hogging one specific spot. This contrasts with EVE, where players typically complain that bots are nearly impossible to catch, which is something that clearly contributes to the perception of bots being a problem within the community. Given that other bots perform so poorly vs players, and bots in EVE seem to perform so well, I am going to dive into a little bit about why I think this is the case. But to give a brief overview of my main conclusion – EVE doesn’t have a botting problem. It has a game design problem. HOW DO BOTS MAKE ISK? There are a lot of bots for different purposes in EVE, and whilst Intel bots and DPlex bots are problems, they aren’t nearly as widespread or as economically impactful as the big four; Mining bots Market bots Mission bots Ratting bots Unfortunately I don’t have a great deal of experience with the first three, and I hope other people can pitch in with their own expertise on those subjects, but for now I’m going to focus in on ratting as an income source. Ratting is also the main way in which bots add raw ISK to the game directly, which causes everyone else’s ISK to be worth less, so it’s also one which impacts every single player by effectively raising the price of PLEX. Ratting bots are also a lot easier to find, as they have to spread over a wider range of systems than the other three, which can be centralised in one particular location. In fact I’d wager most people who have even simply roamed Nullsec believes that they’ve encountered one, regardless as to whether or not that is what happened, which is symptomatic of the overall problem. Bot accounts can be trained on a large scale as alpha clones, or injected up to being at what the person running these bot accounts believe is an optimal skillset. These fresh accounts can then be applied to corps with access to Nullsec, either by purchasing rental space, or simply joining a corp/alliance that has existing access to Nullsec that’s good to rat in and an open doors policy. These bot accounts are then placed in a ship such as a VNI or a Gila, as those are the most cost effective ways to make ISK in the game currently, especially considering that they can be piloted by Alphas and still rat using the same strategies as an Omega pilot. This is done by simply warping from site to site, dropping drones, and killing ships in a pre-determined order that matches the known spawnlists of said anomalies. If an unknown pilot enters local – or a local that the bot has access to via a relay – it will immediately pull its drones in and warp off, then wait for a set amount of time, before warping back to the site and continuing. WHY IS THIS A PROBLEM? I don’t know about you – But that doesn’t sound any different to how I fly a VNI or Gila myself. Bots are able to do everything that a player does in order to maximise their efficiency and safety whilst ratting, because almost all of it simply relies on the ability to press buttons in the right order, as fast as possible. Due to the mismatch in optimisation between PvE fits and PvP fits, there’s no reason for the PvE ship to engage a PvP ship (as it will lose), and there’s no reason for a PvP ship to engage in PvE (it will suck at it). The static spawn lists that contain no tackle that can’t be easily dealt with or avoided means that there’s absolutely no thought required in running the content either, which means running anomalies boils down to a simple binary operation of ratting when local is clear, and getting safe as soon as possible when it is not. Money is even transferred directly into your wallet for every single rat you kill, meaning that even if you are caught, you retain all of the money you made so far. The cherry on top of this is that bots are always paying perfect attention to local, unlike players who can focus in on watching Netflix in their other screen for half a minute too long and end up getting caught, they’re able to warp off the tick you enter local every time. Currently one of the few ways to deal with bots that exposes the sheer lack of decision making that it was necessary to program the bots with is using log-off bubble traps in their safespots, which I demonstrated in a video tutorial last year. As you can see, once you’re able to lay your hands on a ratting bot, it’s almost trivial to take out. The way in which I was able to do it also demonstrates how poor bots can be when compared to players in terms of decision making. In that particular video I had logged my Sabre off in front of those same VNIs as they sat in the PoS, then simply waited for the NPC/h deaths to go back up on Dotlan, logged in and killed the one I was able to catch. A player would almost certainly never do that, and would at the very least consider changing systems/safespots. This shows the main advantage players should be able to leverage over bots, their ability to adapt and make better decisions based on the information they’ve been given. However, as we explained above, the best way to keep yourself safe whilst ratting is simply to not get caught in the first place. WHAT CAN CCP DO ABOUT IT? Not as much as I’d like. I doubt CCP is going to entirely strip and replace the anomaly system in the foreseeable future, so I wanted to take a look at a fix that I think could be done with CCP’s existing structure and technical limitations. I also think it’s something that would be of benefit to the health of the game in general, regardless of it’s impact on bots, which I think is an important thing to consider—Penalising regular players to own the bots isn’t a good strategy long-term in my opinion. But that’s only one option. There are others, and they have their downsides as well. ELIMINATING RENTING This has been bandied about, but there’s a problem: it’s basically impossible. There are just too many ways to transfer value in EVE. Eliminating rental fees just means you move the payout to market fees and fees to join the ‘rental’ group. Or to get onto the ACL. Or any one of a number of other ways to pay. Yes, all of these things can be tracked, but at the same time, they can take enough forms that anything that includes ‘you do X and we don’t kill you’ can be the de facto rental agreement. To give a recent example of just how hard it can be to draw the line on renting, many reading this article will remember how Sort Dragon was mocked as a ‘renter’ after paying the Imperium for an end to his last war with them. Whilst that was not entirely serious, can we expect Team Security to understand the nuance of a large amount of ISK being transferred not as rent, but as part of diplomatic tribute – Or conversely, that the pomp of something like this wouldn’t merely be used to cover up the now ‘banned’ renting practice. MAKE THE ALLIANCES DO IT This runs into problems, too. For this, we’ll just go through some points: As recently noted by Elo Knight, for many years the leader of Black Legion’s various forms, Alliance leaders do not have tools to monitor for botting activity that Team Security has. In addition, most bots do not rat 23/7. They’re not that obvious. As such, all accusations will have to be done based on hearsay and suspicion. So rather than reporting this to CCP, Alliance leaders are now forced to immediately kick upon suspicion. This is because, as CCP Peligo’s reddit post indicates, the wallet impacted is the main Alliance bill wallet. If the wallet is empty when a bill become due, all Sov will drop. This, in turn, means an end to open door recruiting policies, realistically. People who wish to rent will set up alternate ‘client’ alliances (ala B0T/PIBC) which are not run by the same people as the parent alliance to protect their sov. And that means that this actually achieves nothing: the ‘alliance leaders’ being given the responsibility aren’t actually anything of the sort. As such, this mainly impacts large alliances, without impacting alliances which contribute more bots overall to the ecosystem. And then there’s the metagame: weaponised botting. Using VPN, groups can put ‘rental’ corps into their enemies renters, then bot up a storm. CCP then punishes the targets of the meta-scam. CCP gets meta’d. The initial community reaction from the masses will be great—most players only look at immediate intentions and don’t think of the bigger picture. But in the wake of the Brisc Rubal episode, does CCP really want to step into that pitfall when organized groups use Team Security to wage their wars for them? ANOTHER IDEA: The TL;DR is simple – Remove a significant percentage of bounty payouts from all NS anomalies, but add a guaranteed spawn at the end of each anomaly, which holds the equivalent ISK in Overseer Effects. I’m always hesitant to add numbers to ideas this early on, so let me know what you think the breakpoint of percentage would be there, but adding a physical component to the rewards that ratting provides would have a number of positive effects; Firstly, it will give an immediate option of a reward for players who are able to push a PvE player off of a site, regardless of their ability to catch the player. As someone who has hunted nullsec ratters (both botting and not), there’s nothing more frustrating than seeing a VNI enter warp just as you land, knowing your work has been for nothing. Adding a potential reward for the intruding pilot if the site is near completion, by allowing them to get a reward that the PvE pilot helped them work towards. Currently the total reward for a Sanctum is only 40m, so this reward is unlikely to be a huge motivating factor for older players, but it will provide a way for players who specialise in hunting bots to gain an income even if they fail to secure a kill. This also has a number of knock on effects to the way PvE plays out. It adds an effective “upper limit” to how fast you can clear sites whilst still making sure that you have 100% ISK retention, as you’ll need to stop to collect the Overseer’s Effect in each anomaly unless you wish to use MTUs or alts to pick it up. This in turn then makes defending these systems and stopping hostiles from getting inside them more valuable, as it allows you to better make ISK if there’s an active defence force keeping hostiles away from your system, as them entering the system will leave any MTUs or unlooted Overseer wrecks easy to be probed and looted, taking a percentage of your hard earned ratting ISK for themselves—If they can get it back to Hisec! I’m curious to see what you think of this suggestion, and with a wider lens the problems more generally outlined, as I want to be able to give CCP direction and feedback on how they can let us – EVE players – do what we do best; Exploit predictable behaviour for our own gain.
How a Danish university dependent on corporate America fosters corporate loyalty in students
Students of Roskilde University ("RUC") have no choice but to accept, become dependent on, and support these corporations:
Mathworks Inc (students of statistics)
At RUC there is no escape from Microsoft. Mathworks is only avoided by students who avoid taking statistics.
E-mail service that establishes trust in Microsoft (and how it evolves into loyalty)
RUC has outsourced e-mail service to Microsoft. Students are obligated to access their Microsoft-served e-mail in order to receive official correspondence from school staff. There is no opt-out mechanism. Regular exposure to MS corporate branding in the student's UI establishes brand awareness using freemium. Students become accustomed to the look and feel of the Outlook UI, making them more likely to develop trust and cling to that interface more in the future. It's through repeated forced bonding with Microsoft's UI that leads ultimately to fostered loyalty. The loyalty is deepened further when the student grapples with idiosyncrasies like booking a room because the struggle leads to the user acquiring vendor-specific knowledge. The user is rewarded when their skill with the tool advances as they become more efficient with overcoming flaws and anti-features; as if they filled up a Starbucks loyalty card and got a payout. Unlike a loyalty card these advancements continue rewarding the user as long as they keep using the tool. When the user faces the decision to use an alternate tool they are less inclined to give up the vendor-specific knowledge that has accumulated. So overcoming non-intuitive aspects of a UI actually leads to more loyalty. The university sharpens this effect by trapping the student on the tool. Whereas being outside an organization includes freedom to switch tools anytime a use-case becomes non-intuitive. RUC has disabled IMAP access, thereby crippling students who would prefer a vendor-neutral standards-complying mail user agent ("MUA") or an MUA of a different vendor. Forcing Microsoft's non-standard protocols and favoring Microsoft UIs creates biases that raise the barrier to exit. Diligent motivated users who install Evolution or hack together a davmail proxy can escape -- but these users are a small minority and ultimately still forced to share their email contents with Microsoft and to feed Microsoft's bottom line. And what about independence? If the university can't handle being independent from corporations itself aren't students therefore conditioned to lack confidence in overcoming corporate dependency? When a self-sufficient student or outsider who runs their own residential mail server tries to send an email to an outlook.com/ruc.dk recipient, they are blocked. Microsoft has configured their mail servers to force individuals to be dependent on a corporation for email delivery. RUC has aligned with a corporation who pushes corporate loyalty even beyond the school, dragging outsiders into the Microsoft loyalty program and causing collateral damage to those who don't comply with Microsoft-dictated policy on how email must be transmitted in order for MS to accept it.
Document preparation: Office 365 or Google Docs (LaTeX discouraged)
Students are free to choose their document preparation tool, but professors and supervisors discourage the use of LaTeX. Scientific papers are produced within group projects with supervisors serving as mentors. Some supervisors are reluctant to learn LaTeX or review LaTeX code. Consequently professors urge students to avoid LaTeX to accommodate limitations of supervisors. RUC equips students with MS Onedrive accounts and one writing tool: MS Word, which is supplied with gratis copies of Office 365. This implies that using MS Word with its co-authoring feature and Onedrive is the only approach on which students can expect official school support. Note that Office 365 is unavailable to Linux users who are therefore limited to the feature-poor in-browser Word app should a Linux user end up in a Microsoft-aligned group. Some groups opt for LaTeX (vendor-neutral) and use Overleaf (a service of Writelatex Limited) for collaboration, but this choice comes with risk. If just one student in the group opposes the steep learning curve that LaTeX entails, that student likely already has vendor loyalties that they developed in post-secondary school and they will fight hard to avoid the effort of learning something new. RUC basically has the back of students who resist LaTeX, which bends groups in the direction of a corporate solution that builds vendor loyalty. Google Docs is seemingly the most popular choice. The school discourages use of the most suitable vendor-neutral technology so students gravitate toward Google Docs. All realtime collaboration options (msword, gdocs, latex) have stumbling blocks and idiosyncrasies. The LaTeX variety of issues lead students to learn something useful about the language or text editor, which furthers their knowledge of technology in a generic way that can be useful in the future. The MS Word and Google Docs varieties of issues lead students to learn about workarounds for specific flaws and limitations of those particular tools. This vendor-specific knowledge is not generally portable to other tools. It's without foundation and does not generally form a basis for building more knowledge. It's knowledge that bonds the user to the tool. The increased efficiency of knowing workarounds for vendor-specific tools serve to heighten vendor loyalty. The user becomes less inclined to migrate to a competing tool later because it entails wasting the knowledge that has no other applicability while inviting new issues to tackle.
Proprietary software labeled as "Free Software" helps propagate brand loyalty
RUC distributes gratis copies of licensed proprietary software under the heading "Free Software". "Free" has two meanings in English: freedom and gratis. The software industry specifically assigns "free software" special meaning: software that gives the user freedom. The software offered by RUC under this heading is quite the opposite of the industry-accepted term. Microsoft Office 365 and Matlab are commercial proprietary binary blobs that deny students the academic freedom of looking at the source code. The distinction between gratis and freedom when discussing software is paramount. RUC's use of the term misinforms the students they are tasked with educating. Use of the word "free" has a bigger problem: it's one of the most powerful forces in neuromarketing used to manipulate consumers according to Dan Ariely's study published in Predictably Irrational. RUC has refused to correct the heading on their English website from "free software" to "gratis proprietary software". RUC is exploiting the persuasion of the word "free" to maximize the number of students who will install software that will induce brand loyalty.
Research material jailed in corporate walled-gardens of Google and CloudFlare
Copenhagen housing crisis and Facebook's role in it
There is an acute housing shortage in the whole Copenhagen region resulting in apartments with waiting lists as long as five years. There is also a shortage of on-campus university-administered student housing that's so severe that Roskilde University has restricted the units exclusively to exchange students. Permanent full-time students are ineligible for these rooms. The school provides no service to help the 8000+ permanent students secure a place to stay amid the shortage. Students are given no information about how to directly get in contact with owners of apartments in close proximity to the university. RUC publishes a list of commercial profit-driven brokers who charge students a fee for helping with the hunt for housing or roommates. In some cases the fee is not based on placement so a student could pay fees to simply communicate with a prospective roommate or landlord without actually acquiring housing - which is a very likely scenario. Students are made dependent on a dozen or so private corporations before school even begins. RUC pays a premium to one of them ("Housinganywhere") to give RUC students VIP treatment (which in this case entails answering e-mail from students), and Housinganywhere falls short of responding to e-mail. These brokers have no obligation to get a student a booking. Students often arrive homeless or become homeless mid-term. This illustrates the inherent problem of outsourcing to private corporations something as essential as student housing particularly when resources are severely limited. The brokers' objective is to maximize profit not maximize student placements. One of the brokers charges nothing to the students but designed their website to deny service to students who don't have a CPR number (a number that can only be acquired after establishing a residence), so students entering Denmark for the first time are blocked from using the one broker who charges them nothing. Another corporate artifact is age discrimination. Some buildings try to cater for students and to keep the rentals marketable to students they impose an age limit. Every "dorm" in close proximity to RUC imposes age restrictions so older RUC students are pushed out of the city to suit corporate policy. RUC and the housing specialists and brokers RUC endorses have come up short. Enter Facebook. Facebook is the hack by which students find housing. Facebook secures student loyalty in this case not by clever marketing but simply by actually serving as a hack to an otherwise ill-served need.
Facebook invasion into official school communications
Of all the corporations RUC fosters loyalty for, Facebook is the most insidious. Facebook is a cocaine addiction compared to others. Copious articles try to help people break away from Facebook. The stranglehold of Facebook loyalty has driven Cornell University to study it. Facebook is used to make announcements to RUC students and the internal website is littered with Facebook references. In particular, there are social events that are officially school-sanctioned which appear exclusively on Facebook. Some might say "fair enough" because social events are non-essential and purely for entertainment. However, RUC has organized all the coursework around group projects. A culture of social bonding is considered important enough to justify having school-sanctioned parties on campus. The organizers have gone as far as to strategically separate student parties and to discourage intermingling across the parties so that students form more bonds with the peers they work with academically. Social bonding is a component of the study program. Announcing these social events exclusively on Facebook creates an irresistible temptation for non-Facebook users to join. It also destroys any hope of existing FB users who want to break away from Facebook from doing so. Students without Facebook accounts are naturally in the dark. Facebook non-patrons may be able to catch ad-hoc hallway chatter about school events but this is a reckless approach. When the official class schedule is incorrectly published students who discover the error in advance announce it on Facebook. Facebook then stands as the only source of information for schedule corrections, causing Facebook non-patrons to either miss class or show up for a class that doesn't exist. Unofficial student-led seminars and workshops are sometimes announced exclusively on Facebook. These workshops are optional but academic nonetheless. Sometimes information exists on the school website and is duplicated on Facebook. The information becomes very well buried on the poorly organized school website because the maintainers are paying more attention to the Facebook publication that they assume everyone is reading. Specifically the study abroad program has two versions of the document that lists all the foreign schools for which there is an exchange program. One version is obsolete showing schools that no longer participate. Both versions appear in different parts of the website. The schedule of study abroad workshops is so buried that a student relying on the school website is unlikely to know that the workshops even exist. Removing the Facebook distraction would perhaps mitigate the website neglect. RUC does not instruct students to establish Facebook accounts. There is simply a silent expectation that students have them. Some of the above mentioned problems can come as a surprise because Facebook excludes non-members from even viewing the content, so non-patrons don't even have a way to see what kind of information they are missing. There is an immense undercurrent of pressure for RUC students to become addicted patrons of Facebook's corporate walled-garden.
VPN depends on GSM
RUC's VPN service requires two-factor authentication ("2fa), and the possession factor is met exclusively by SMS messages. There is no opportunity to opt-out of 2fa and no possibility to use an alternate mechanism. Phones and service are also not provided. This forces students into the marketplace to buy phone equipment when most phone vendors have a long history of unethical conduct. Many GSM service providers have the same problem. If a student can manage to find non-controversial hardware and service they are still subject to needless tracking that's inherent in GSM technology while being pushed into establishing loyalty for the corporation, baited by the lower pricing of phones and plans that are marketed with contracts. A student should be able to reject all GSM hardware and service vendors without being denied access to the RUC's VPN service.
The FabLab uses Telegram Messanger. Offering to collaborate through a service like this is an advancement away from corporate dependency in principle because it enables voice communication without GSM service. However, Telegram is centralized and requires users to disclose their mobile phone numbers (which they may not have) just to register for an account even if it's only going to be used on a desktop. Some Telegram competitors have figured out how to offer gratis account registration without imposing GSM service on the user.
The statistics class is structured around MATLABtm, which cannot be installed without registering at Mathworks website (under Dynatrace tracking mechanisms), signing click-through agreements, and disclosing an email address. The email address is later used to promote Mathworks' products and to ask students to help Mathworks with product promotion to others. Students would normally be charged for a MATLAB license but RUC pays a high premium to ensure students pay nothing. This creates a brand awareness using freemium scenario. Mathworks marketing tries to draw students to more Mathworks products. Students have little choice but to become entrenched in acquiring vendor-specific knowledge on MATLAB to get through the class. This creates a bond and potential to manifest into brand loyalty.
Microblogging centralized on Twitter - loyalty required (new section)
RUC uses Twitter exclusively for microblogging. Without a Twitter account students are only permitted to read RUC's timeline and cannot participate in any discussion. Students must become loyal to Twitter Inc. if they want to participate in RUC's microblog. Twitter registration requires Tor users to have a phone number and to disclose it. This forces students to either expose their IP address to Twitter for their records or to trust Twitter with their phone number. Both situations compromise anonymity and as a consequence chills speech. Students are also forced to agree to Twitter's one-sided non-negotiable terms before they can communicate with RUC. Twitter is a private corporation with ultimate authority over which students may talk to their school and what they can say. Twitter has a right to refuse service to anyone for any reason, and they use it. My account was locked because (apparently) using an API over Tor is (falsely) treated as robotic use. So here I am among the public with the need to communicate with my public school, and this private corporation has blocked it. RUC gives Twitter this power.
If RUC wants to foster independence from sketchy corporations and enable students to boycott unethical players:
RUC needs to replace..
outlook.com mail server
in-house mail server, IMAP service (perhaps consult UCLA for guidance)
MS Office 365
shell accounts on vendor-neutral OS, version control, emacs+Rudel, Gobby or the like, LaTeX, LyX, Libreoffice
non-CloudFlared sources if they exist, otherwise show an apologetic warning of GDPR breach next to the CF link & state where to complain
"Free Software" website heading
"Gratis Proprietary Software"
(†) actually Copenhagen Library needs to do this, not RUC. (‡) RUC does not push students to use Google Docs; inertia brings students there. RUC should guide students away from that particular privacy-hostile walled-garden.
Hey y'all! I've been thinking about writing this for a long time, and university procrastination has given me the perfect opportunity. I know what you're thinking, "Exploration advice from an SDC member? Surely not!" However, I started in this game doing exploration, first in my Adder, then Diamondback, Asp, and finally a Conda. Been to the core twice, to the highest point above the galaxy, regularly go on medium-range trips out to various nebulae and prominent systems, and am currently en-route to Beagle point. Those who know me will know that I mostly do it for the sights and screenshot opportunities, and have had several shots of mine in the ED newsletter. So I figured I'd help out anyone who's new or curious about exploration. Here goes!
Exploration - what is it?
Pretty much what you'd expect - exploration involves venturing outside the bubble into the unknown for whatever purpose you have in mind, be it for the thrill, boredom, wanting to get your name on something, credits, or sightseeing. The thing about exploration is that there's no linear progression or grind. You can take it at whatever pace you like. Ideally you should set yourself an end destination (nebula or interesting stacluster) and if it's a long distance (10,000ly+), set yourself waypoints to look forward to. Or you could just head out in a random direction and see where you eventually end up. As I've said before, your end goal could be reaching your destination, the credit payout, or the sick screenshots you get along the way.
Like any profession in the game, exploration is possible in any ship but ideal in only a few. This small list is further broken down based on whether you have horizons or not, but I'll explain more about that later. Here are the basics of any exploration loadout:
Use the smallest class modules possible to save on mass. D-rated modules are the lightest in any class, and are good for this. The purpose of reducing your mass is to increase your jump range.
Use the smallest A-rated powerplant possible. Yes, a D-rated powerplant will get you a slightly better jump range, but the A-rated plant is the most efficient in terms of heat management. This will save you a lot in the long run.
Use a class 1D power distributor on every ship (even a Conda). Why? You spend 99% of your time in hyperspace and supercruise, where your distributor is irrelevant. Using the smallest one possible will give you a lot of extra jump range, and save some power on your ship for other things. The only downside is that you cannot boost with it in larger ships, which only affects you when you're landing on planets. The way to mitigate this is to be selective with the planets you land on (<2g is a good limit to set)
Your largest internal slot should be a fuel scoop. If money is no object for you, use an A-rated fuel scoop. But if you'd like to save, use a B-rated one instead. The jump from a B to an A is roughly 20% extra scoop rate at 300% extra cost. This can save you a lot of money, especially on larger ships.
Auto-field maintenance units. These are modules that you can use to repair other modules that have taken damage, including your canopy (but not your hull or your powerplant). Nobody ever intends to take damage while exploring but it happens to all of us, mostly when crashing into stars or black holes due to lapses in concentration. AFMU's also take damage as modules, so taking two units to repair each other is also a good idea (and they don't have mass). Be warned though, repairing a module will put it offline for the duration of the repairing process (don't repair your FSD or thrusters in supercruise!)
Planetary vehicle hangar (horizons only) - used to store SRV's. The size of the hangar you take should be based off the length of your trip and likelihood of you losing SRV's (be realistic). You should mount a G-rated hangar, which has less mass than an H-rated one.
Shield generator - y/n? If you own Horizons and intend to land on planets, you must have a shield generator. As it is currently, you cannot land an unshielded ship without it taking damage to its hull (well designed landing gear, right?) For the sake of planetary landings, you should mount the smallest D-rated shield generator possible on your ship in order to minimise the hit it takes on your jump range. Some of you may be thinking "What about shields to protect you when you're returning from your trip?" Valid question. The smallest D-rated shield will not protect you for long, but will mitigate enough damage from a small ship so that you can jump out, but larger ships will kill you easily. Luckily for you, Iridium Wing exists. They're a free service like the Fuel Rats, providing fighter escorts for explorers to and from habited space. You can request an escort heh by filling out this form.
MUST include an advanced discovery scanner and a detailed surface scanner. I will explain what these do in detail later.
Heat sink launchers - only to be used in emergencies. Best scenario is when you jump into a binary star system and are immediately trapped between two stars (everybody remembers their first time experiencing this). When this happens and you find yourself overheating before you can get your bearings, activate a heatsink in supercruise (have them bound to a hotkey, it's in the controls menu). This will purge all the heat from your ship for 10 seconds, which is usually enough time to escape from between two stars. Use them wisely though, since their ammunition is extremely low and unable to be crafted with synthesis.
Extra fuel tanks? - No.
Ideally, your ship should have a jump range of at least 25 light years. Some areas of the galaxy have quite a sparse stellar density, so your jump range can mean the difference between reaching that pretty O-class or not. It should have enough internal compartments to include the modules that are vital to your trip (AFMU's, scanners, and a vehicle hangar + shields for those that own Horizons.) When it comes to purchasing and outfitting your ship, buy it and its modules at a Li Yong Rui system (Lembava, Diaguandri, LHS 20, 6 Andromedae). You'll get 15% off both the ship and all its modules which will bring your total cost down by a significant amount. Here are a few long-range exploration ship builds for various prices (15% discount factored in). Some have the B-rated fuel scoops mounted to save on credits where it almost halves the build's cost, but you can mount the A-rated scoop if you have the credits:
Hauler - 2,776,372 CR, 25.81ly. Excellent starting ship for exploration, since it features quite a nice jump range for the price. However, it lacks the internal slots to be viable for Horizons users.
Adder - 3,504,015 CR, 26.06ly. A good upgrade over the Hauler, featuring two AFMU's which makes it a good choice for extremely long range trips. These can also be swapped out for a shield and single vehicle hangar, making it a great short range vessel for Horizons users (or long range if you're willing to risk module damage due to crashes)
Type-6 Transporter - 9,616,560 CR, 28.02ly. One of the best early exploration ships, and is often overlooked since many see it as "one of those trader ships". This build boasts a great jumprange, dual vehicle hangar, shield generator, and twin AFMU's, making it the first true long range Horizons exploration ship. On top of that, it has a great canopy with excellent visibility.
Diamondback Explorer - 12,063,710 CR, 33.68ly. Features an incredible jump range for its price, but suffers from the same internal issues as the Adder. Can mount two AFMU's for long range non-Horizons trips, or a shield and dual vehicle hangar for Horizons users who want to risk module damage. Also comes in a standard bright yellow colour, which can begin to look cheap and tacky when taking screenshots. A white or black skin is highly recommended for this ship, making it one of the sexiest looking explorers.
Asp Explorer - 22,118,751 CR, 33.36ly. The exploration ship everybody seems to settle with, and with good reason. Decent price, excellent jumprange, dual vehicle hangar, shield generator, dual AFMU's. Almost identical to the Type-6 build but with 5.34 extra jump range. It even shares the same amazing canopy.
Anaconda - 166,471,217 CR, 38.01ly. The endgame exploration ship. Magnificent jump range, quadruple vehicle hangar, shield generator, dual AFMU's, and four empty internal slots (enough for 112t of cargo, or 4 extra AFMU's, or a fuel transfer limpet controller for deep space rescue missions). If you don't have any use for these slots, fill them with cheap AMFU's. That way, more module damage due to heat or supercruise crashing is spread across the AMFU's and therefore less on the powerplant, which cannot be repaired. The only downside is that the cockpit is set at the back of the ship, limiting your forward view to the positive x-axis only. The ship itself can look kinda sexy at the right angles
What to do
Now that you have your ship, you're probably itching to get out there and explore. The first thing you should do is to choose a destination. If you're using any of the builds I've listed above, you'll be capable of flying anywhere in the galaxy. Yes, even the core region and beyond! Your destination could be a nebula, a particular star or system that you know of, or just an area of the galaxy that you want to travel to. Once you have decided on your location, hover over it in the galaxy map and note its distance from you in Ly (light years). The route planner can only plot routes up to 1000ly at a time, so if your destination is over 1000ly away, you'll need to find a system around 1000ly away from you in the general direction of your destination and plot a route to it. Once you have plotted your route, begin the first jump! When you jump into an unexplored system (nothing showing on your sensors when you first jump in), throttle down to 30km/s in supercruise and charge up your advanced discovery scanner. This is done by binding it to a firegroup and then using it (works in supercruise and sublight). It will detect all astronomical bodies in that system, making them available for you to target from your navigational panel and view from the system map. You get exploration data to sell for every body you discover this way. Once you've fired your scanner, target the star in front of you and point your ship at its centre. This should begin a detailed surface scan. A detailed surface scan is done by targeting an unexplored body and pointing the ship at it while in range until the scan is complete. You can tell if you're scanning an object by the spinning "loading" sprite in the bottom left panel, and by the scanning sound. Once complete, it will notify you and the body will now have a name beside it. Additional info on that body will also be available for you to view in the system map (gravity, composition, planet type). When an object is surface scanned, the data value you got from discovery scanning it is trebled. When you're in the middle of scanning the main star, open your system map and take a look at all the bodies. The planets that pay out the most for detailed surface scans are earth-like worlds, water worlds, and ammonia worlds. If you are unsure about a planet's type, move your marker over it and zoom all the way in. If you listen carefully for around 20 seconds, you'll be able to hear its "cartographic music". Water worlds produce a deep ocean bubbling sound, earth-like worlds have singing birds, ice worlds have a harsh wind sound, etc. Recognition of these comes with practice. Decide what you want to scan and keep note of it. Before you go out to scan bodies in the system or jump to the next one, scoop fuel off the main star if possible. The best way to do this is to travel parallel to the surface of the star in an orbit, which lets you fine-tune your distance from it. If your heat gets too high, back off and approach it again once you've cooled down.
Things to keep in mind
When in hyperspace on the way to a system, set your throttle to zero. That way you'll be traveling at 30km/s as soon as you drop into the next system, letting you fire your discovery scanner and surface scan the main star straight away. Binding "zero throttle" to a hotkey also helps with this, and pressing it during a hyperspace jump is a very good habit to get into. It will save you from crashing into neutron stars and black holes.
Sort your galaxy map by "star type". Deselect the L, T, Y, and Proto stars from the list. Those star types are unscoopable. To remember the scoopable stars, remember this sentence:
Oh, Be A Fine Girl, Kiss Me (O, B, A, F, G, K, M)
It also conveniently puts them in order from rarest to most common, hottest to coolest, and largest to smallest. Ergo, M-classes are the most common, coolest, and smallest of the main sequence stars. So if you find an O-class star on the map, it's probably worth visiting!
Keep an eye on your fuel bar. If you come across two or three unscoopable stars in a row, open up your galaxy map and plot a direct route to the nearest scoopable star. Trust me when I say that running out of fuel is no fun at all. If you ever do run out of fuel, contact the Fuel Rats. They'll come out to wherever you are and give you enough fuel to continue exploring, no matter where you are in the galaxy! They're the real MVP's.
Don't land on planets with more than 1.5g - 2.0g when you're out on a long trip. The risk isn't worth it. The fact that you have no power distributor means that you cannot boost, which you sometimes need to do in order to slow yourself down on approach.
Switch your cargo hatch, AFMU's, and power distributor off to save power, lower heat, and save fuel.
In the event that you crash into a star or enter orbital cruise at ludicrous speeds, your internal modules will all take small amounts of damage (1-2%). When that happens, get to a safe space away from the main star (landing on a planet works, as well as stopping in sublight), switch off all non-essential modules (basically everything except life support) and switch one of your AFMU's online. Next, select any damaged modules you'd like to repair and there should be a "repair" option under the "activate" option. The canopy should be your main priority, then FSD and everything else. Don't repair your life support until it's down to about 60%, since you don't want to waste oxygen constantly doing small repairs on it.
Things to look for
If you want to find interesting things in the galaxy, there are several ways to proceed.
Visit VY Canis Majoris, Sagittarius A*, Great Annihilator, Thor's Eye, Eta Carinae, the Orion Nebula, or any other well-known destination. Set out for Beagle Point (opposite side of the galaxy, 65,000ly away from Sol) if you're feeling brave/slightly insane.
Sort your galaxy map by "star class" and uncheck the non-scoopables, then uncheck all the scoopable ones except for B and O class stars. Any system you see now will be well worth visiting.
Hope this helps anyone who's sort of interested in exploration. It's quite a nice profession, and really showcases how beautiful this game can be. If I've left anything out or if you've got other questions, just leave a comment or PM me and I'd be happy to help :) o7o7o7
The goal of this list is to improve the game while remaining faithful to the vanilla experience. For example, mods that add new biomes won't be on this list because you could build a house in a nice lush planet with the mod on and when you remove the mod your home planet could be a completely different biome. I currently play on a laptop so you can assume that the stuff here won't hurt your performance.
A collection of many of Lo2k's other space graphic mods. Adds crescent planets in atmosphere, rare binary stars, rotating clouds from space, improves lighting in space, makes stars visible through nebulae and more. You're gonna be seeing a lot of this author in this list.
If you decide to use the dark space variant of this mod, check out the author's Black Map mod.
Makes planets look a lot better from space. The added resolution to the clouds makes do the planets justice when it comes to their size. I use the 2K version but neither should really affect your performance, especially since space is the least resource demanding part of the game.
I know what you're thinking: The chromatic aberration and scanlines are such a part of the game's aesthetic. It makes it seem like you're looking through a protective helmet. But just try it and see for yourself. The added clarity from this mod is great. I almost wanted to put this in the Graphics section.
"Quadruples the payout for recording 100% of the species on a planet. At a reward of 100,000 units per species, you can now expect to earn at least half a million for smaller catalogues, and over a million for the planets richest in fauna. It's still not going to compete with farming lubricant etc for money per hour earnings, but it's now a good source of income and (if you're like me) exploring different planets is far more interesting than farming."
The Crazier Stuff
If you want to keep your changes small and true to the vanilla experience, stop here. If you want to expand on the game, then check out these mods. The reason I put these in their own is because these mods add objects to the game, change the game in big ways and take longer to update. If you remove these mods or an update comes out, your base will look be missing whatever parts you built with these mods. The same will occur for anyone who visits your base and doesn't have the mod. That said, these mods really are some of the highest quality work in NMS modding.
Adds 401 new buildable objects that are either already present in the game but were not made available to players, or new flags and emblem with different themes, some of which represent the different NMS communities.
Eucli-ea isn't just cosmetic. It adds safes spread around the galaxy that can be broken into with thermal drills, buildable stations to access freighter storage, new valuable products and more.
Important: Make sure to use the "_SCTree" version if you plan to use the following two mods. If you use this version, you must use both SimCity 5300 and GrowMoar, not just one or the other. The compatibility version does not include SimCity 5300 and GrowMoar, you have to download and install those files too.
Similar to Eucli-ea but less cosmetic and more functional. Adds new technologies like the ability to build you base anywhere you want, buildable base teleporters, buildable alien structures/trading posts, and much more. Read the mod description for more details.
As its title suggest, the main feature of this mod is that it makes a lot more of in-game items into growable plants. Again, most of these additions will not be visible for anyone who doesn't have the mod.
Personally, I don't use any of the mods in this last section. If you have any recommendations for more mods that improve the game without changing too much, let me know.
Support for other base currencies (next to Bitcoin we support now Litecoin and Doge. Dash will come soon as well)
Using a fee estimation service for setting the optimal transaction fees to avoid stuck transactions in times of high blockchain congestion
Support for custom security deposit
Multi language support. Currently: English (default), German, Spanish, Greek, Portuguese and Serbian
Dynamic trading fees (depends on trade amount and distance to market price)
Many technical improvements like more compact trade protocol, usage of Protobuffer, BIP 44 wallet,...
Please see the full release notes below. As that release has very profound changes it is NOT backward compatible to the earlier versions. It uses a new network which is separated from the current trade network. So your offers from the current application will not be visible for users who are using the new version. If you want to migrate to the new version you need to close your offers and withdraw your funds to the new application. You can run both applications in parallel as they are using a different data directory. You cannot move over the wallet or application data because the wallet format has changed (BIP44) and we use a different data structure for the data base files. So you need to transfer the Bitcoin with a BTC transaction and set up your payment account(s) manually. Please double check with cmd+e in the old application if no funds are left over (some bugs might have caused that the balance displayed in the UI is not correct). Please use small amounts when starting trading in the new application as with so many changes there are some risks for bugs (though it is thoroughly tested). Release notes:
Support multiple base currencies. Beside BTC the user can choose to use LTC or DOGE as base market. More will come in future releases.
Use dynamic trading fees. Trading fees are based on trade amount and distance to market price. Min. fee (MF) = 0.0002 BTC, default fee (DF) = 0.002 BTC, amount factor (AF) = 1/BTC, market price factor (MF) = square root of percent value (e.g. 1% -> 1, 9% 0 -> 3, 0.01% -> 0.1). Tradeing fee = max(MF, DF * amount * AF * MF). E.g. 0.002 BTC for 1 BTC trade at 1% market price distance.
Make security deposit for buyer customizable at offer creation (allowed range: 0.001 BTC - 0.2 BTC)
Use fixed security deposit for seller (0.01 BTC)
Simplify trade process by removing locktime support (removed finalize payout step)
Use protobuffer instead of Java serialization in P2P network and local persistence
Use BIP 44 wallet for BTC and BSQ
Update to BitcoinJ 0.14.1 release
Updated tor binaries from TorBrowser 6.5
Re-brand to Bisq
Use new max. trade limits to reduce risks with possible bugs in new version as well as to reflect higher BTC price Bank transfers: 0.5 BTC Swish, OKPay, PerfectMoney, AliPay: 1 BTC Altcoins 1 BTC (exception SiaFund as their price is about 3 BCT and it is not dividable)
Add email field to bank payment methods for enabling traders to verify identity (to protect against charge back risk)
Change max trade period for SEPA to 6 days. In exceptional situations like at long bank holidays exceeding the period will be tolerated.
Auto select also non-EURO SEPA countries by default at SEPA account setup
Added new altcoins: Janus, OctoCoin, PEPECASH
Use percentage based price as default. Swap input text controls when toggle between fixed price and percentage based price. Hide percentage based inputs if no market price is available.
Support for translations of all application display strings
User can select preferred language (of those which are already translated) and default country.
Supported new languages: German, Spanish, Greek, Portuguese and Serbian (still require UI layout adjustments)
Remove ask and bid market price and use always last price.
Add button in settings to resync SPV chain (delete SPV chain file)
Add button for opening log file
Remove arbitrator as potential receiver at dispute payout
Improve arbitration payout screen
Use TTL of 30 min. for market prices on the provider side.
Check for market price age on client. Allow max. 30 min old market prices
Show provider node at tooltip over price feed provider icon
Persist last used payment account for create offer screen
Fix bug with backup path when path had become inaccessible
Fixed bug with not displaying correct MultiSig address in LockedFunds view.
Add checks for locked up funds of failed trades.
Add shortcut to remove failed trade from pending trades view.
Use for Windows build no version nr at jar files to avoid collecting multiple jars at updates.
Prepare the split role of arbitrator in mediator (has no MultiSig key) and arbitrator (3rd key holder of MultiSig). Not implemented yet in the UI, so mediator is at the moment identical with arbitrator.
Add email and pgp pubkey to data structure (no support yet implemented in UI)
Add support for passing counter currency tx ID to BTC seller (not impl. in UI yet)
Change key combination for open dispute from cmd+o to alt+o and for opening emergency wallet from cmd+e to alt+e
Don't provide market price for Venezuelan currency (VEF) as official exchange rate is not reflecting reality
Add -BjvmOptions=-Xss1280k for Linux builds to avoid SegFault problem with latest Ubuntu update
Implementation of blockchain technologies provided a solution that allows to refuse of use of central servers for storing the database and to entrust them to a distributed registry. For the first time it was implemented through the example of digital currency – Bitcoin. Then enthusiastic programmers, who focused their attention on the opened opportunities, went further. They began to implement their ideas and supply new tools, laying the foundation for the digital system of the future. In such a way, smart contracts and decentralized applications appeared, presented to the user as software products for wide variety of spheres: business, entertainment, communication… Virtual blockchain began to obtain visual outlines. https://preview.redd.it/utjl7ervb9u21.jpg?width=1080&format=pjpg&auto=webp&s=46f4ce45dbf1a3f3d84be8b027ebf10fb3374c30
Leaders in creation DApps
Ethereum became the first blockchain project that allows the creation of smart contracts and DApps. But programmers faced difficulty - low transaction speed, which was limited to 20 tps. In 2017, EOS and TRON acted as projects that found a solution. They collected millions with the help of ICO and drove by roadmap. On the one hand, indeed, the shown speed was significantly different and gave the opportunity to develop DApps (TRON - 1200 tps, EOS - 4000 tps). Although Ethereum took the lead in the number of created in its blockchain applications, taking a head start in two years, the competitors who appeared on the market began to drain-away developers to their platforms. For April 2019 EOS ranks the first in the number of unique users (171k) and transaction volume ($ 3 bln), TRON - the second (71k, 600 mln). This is despite the fact that more DApps allocated in Ethereum. The only thing is that transaction rate both TRON and EOS was obtained detriment of decentralization. Both projects work on the PoS consensus algorithm, and this is already a reason not to consider them decentralized. As for Ethereum, its blockchain with each fork also gradually moves towards the final transition to the PoS consensus. While the main developers justify their actions by that the PoW algorithm has already outlived itself and the distributed registry running on such a consensus cannot provide the characteristics, necessary for full-fledged DApps functionality. That is not so!
Attractive advantage of TERA
What DApps are on the TERA platform
What else would be nice to see on TERA
Virtual soil of TERA is just beginning to put out shoots of the first planted digital seeds, and in the blockchain space there is enough space for the flight of imagination when creating DApps. I will give as an example just the first that comes to mind, as well as taken from the statements of members of the TERA community on Discordapp.com. Thus, would be great to see: - platform for trading binary options, for a start at least on the same pair of TERA / BTC; - browser for work with DApps and recommendations for building applications; - a service for voting on the blockchain would provide transparency into the system of election in any sphere (such a proposal was received at Eurovision-2019, why not create it on TERA); - author's rights patenting services for works of art, inventions and other intellectual property; - a full-fledged forum where comments would be saved and could not be deleted (the foundation of such an application has already been laid); - chess, backgammon, bingo, durak and other classic games; - more games! Strategies, shooter games, exploration games... Suggest to take a deeper look to the hits of the 80s and 90s. Could be found what to remember and transfer to the decentralized platform TERA; - fully functional casino with a wide range of entertainment: 3-line and 5-line Slot games, roulette, blackjack, poker, bets and other services of gambling industry; - and so on and so forth. If such ideas do not come to developers’ mind, feel free to contact the author of this article and he will share his own in the field of gaming and gambling, and help with their realization with the creative approach! In the long run, what we need for everyday life? Tools to make money and ways to spend it. The unique features of TERA blockchain make it possible to place both in it. Plus they will be independent of any central administration and free of censorship. To inspire developers for actions, the Chinese TERA community announced a contest with a prize fund of 165,000 coins. https://preview.redd.it/ksrxovbbd9u21.jpg?width=720&format=pjpg&auto=webp&s=c2f16e877b7dac0cf2b4ef0bb249f98c0c6d0396 Those who are interested in placing their DApps on TERA will be helped by DApp Paper - https://docs.google.com/document/d/10yXAKxaU7YgrQnbdXu_L7WWovUoRtdJwo3tXXaGZGSQ/edit And a couple of words to the developers: You can choose TRON platform, you can choose EOS or Ethereum. But what are your priorities? All these systems are in the hands of corporate owners, which leads away from decentralization. And those who want to get away from totalitarian control and give the fruits of their creativity complete freedom should consider the TERA platform. The TERA Foundation website has a page with a special world map. It shows in real time how many full nodes support the blockchain operation- https://terafoundation.org/map.html. To be among the first means to participate in laying the foundation, that is able to withstand a powerful boost to the rapid development of future technologies. If there is no your city on the map, only a few minutes separates you from correcting it. Instructions for node installation will help to join the TERA community and make your contribution right now. It can be found here: https://sourceforge.net/p/tera/code/ci/mastetree/README.md https://preview.redd.it/zcq5ijbgd9u21.jpg?width=1246&format=pjpg&auto=webp&s=a3cdd4219a5904a89f5de59413d45d6769b07a54 Participation in the expansion of TERA encourages growth and development of the idea of freedom from central administration, which was stated when Bitcoin was launched. These are not just fantasies or dreams, there are authoritative representatives of science who consider blockchains to be the basis for the economy of future, which will have no boundaries. And with the help of active participants full decentralization will come much faster. This development has no limits, since it is fueled by the independent striving, own free will and potential that is inherent in each of us.
If a binary option of £10 finished in the money, with a payout of 85%, the trader would receive the initial trade amount (£10), plus 85% (£8.50). £18.50. For the purposes of this article, we looked specifically at one market. We chose the forex asset class and the EUR/USD forex pair. From our list of brokers, payout percentages for this binary option varied from 70% to 82%. (Note these are ... The trade closes in your favor, or in-the-money. In this case the payout will be 2000$ + 80% of those 2000$, or 1600$. The total payout of your trade will be 3600$. The max payout you may get is visible on your platform, so you will be aware of the possible outcome at any moment. Different payout rates for different options. We should note that different options contracts have various payout ... Binary options trading may have gotten a bad rap because of its all-or-nothing premise, but the high payouts keep traders coming back for more. This is why binary options markets remain strong in various regions around the world, particularly in Asia. To avoid fraud in binary options trading, choose a trustworthy broker. These brokers can help ... Binary.com withdrawal process is not that difficult; depositing of funds into binary options trading is an easy process since the broker cannot refuse your funds. The process of depositing will work out efficiently and smoothly for you. But, the issue is when you want to withdraw some profits. The process of withdrawal feel a bit overwhelming at times, however it is not so difficult. Binary options are a form of fixed-odds betting in which the payout depends entirely on the outcome of a yes/no proposition and typically relates to whether the price of a particular asset will rise above or fall below a specified ‘rate’. If the investor is correct, they ‘win’ and should see a return on their investment; if they’re wrong, they lose their full investment, hence the ... What are binary options. A binary option is a type of option with a fixed payout in which you predict the outcome from two possible results. If your prediction is correct, you receive the agreed payout. If not, you lose your initial stake, and nothing more. It's called 'binary' because there can be only two outcomes – win or lose. As you know, the payout for the trades vary across different binary options brokers. The standard payout is about 75% - 85% but there are many brokers that also offer a payout of above 90%. The following is a list of the top 5 binary options brokers that offer the highest payout returns. For binary options, Nadex charges a $1 trading fee per contract on each side of the trade, the entry and the exit. In addition, Nadex charges a $1 settlement fee per contract for trades that expire "in the money". However, there is no settlement fee if your binary options trade expires "outside the money". Payout rates in binary options represent a certain percentage of the money invested by a trader on a trading contract. In case traders manage to accurately predict the outcome of an options trading contract, they will receive their initial investment back plus the payout percentage of the initial investment. But how are binary options payout rates calculated? – And more importantly, which ... The outcome is whether a winning payout or nothing. It brings me to the main point, that is the difference between making and losing money in binary options. For all traders, trading practices and mindset is necessary. Furthermore, newbie and inexperienced traders see binary options as a one-time opportunity to score a big payout.
24option Review - Binary Options Trading Platform Up To 310% Payout?
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