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1101  Alternate cryptocurrencies / Altcoin Discussion / Re: DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) on: November 24, 2016, 02:03:09 PM
Aren't you guys tired of being fooled!

There are no solutions to social or economic problems with cryptocurrency. 

In economics there are only two real outcomes, rent seeking behavior where the goal is to force others to work for you as beasts of burden, or Hitler style national socialism, which is group evolutionary strategy.

Groups like the Japanese tend to trend towards the second option, while the Jews utilize a hyper-nepotism form of the second option and hypocritically try to demonize regular white people as "nazis" if they utilize the same behavior of operating to promote their own collective self interest.

http://en.metapedia.org/wiki/Jewish_group_evolutionary_strategy

It's also built into their so called religion that the "goyim" are explicitly stated to be used as beasts of burden in the Talmud.  These type of collective strategies are easily predictable to occur with the family/tribal nature of humans, but the real shocker is that the Jews have been able to con others into not operating for their own collective self interest while letting themselves do it to such an absurd degree.  The Trump election was probably the symbolic end of that con game.  There's still plenty of brainwashed suckers left in California, but their mindless shrilling has no effect on people that know the game.
1102  Alternate cryptocurrencies / Altcoin Discussion / Re: DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) on: November 24, 2016, 02:13:59 AM
Additionally I believe there is a global monetary reset coming 2019-2024ish

Or today with the death of unallocated, fractional reserve gold and naked shorts being able to control the markets:



China seems to be drawing a line in the sand at $18 silver while the Khazar banking mafia in NYC dump their bazillions in paper naked shorts.  Whether that line in the sand consists of aggregate Chinese traders/holders or the Chinese govt themselves playing some currency wars, who knows.  It feels like metals have reached some type of tipping point where this Shanghai metals exchange finally became of some use to prevent western manipulation.
1103  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 23, 2016, 05:15:14 PM
Khazar banking mafia at the Federal Reserve tried to dump metals with naked shorts again and seems to have failed.  Now we're on the highway to the danger zone:



This Shanghai metal exchange finally became of some use.
1104  Alternate cryptocurrencies / Altcoin Discussion / Re: DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) on: November 23, 2016, 04:54:17 PM
r0ach, thanks. The most salient threat isn't double-spending and direct theft. Rather it is the insidious debasement tax taken in the form of a winner-takes-all monopoly on transaction fees for PoW and for DPoS that is the level of funding whales vote for themselves for running witnesses.

Both PoW and (D)PoS systems are just central bank printing machines in an obfuscated form.

I will offer a new design. Let's see what y'all think when the juicy part of the white paper with the new design is published.

I get the point, but I don't think I would call that debasement, more like rent seeking behavior.  And yea, if anyone actually can form a cartel or monopoly in crypto, you do have a mirror of the rent seeking behavior central bankers use to extract wealth, or essentially skim off the top until they own it all.  This is why they hate serfs using gold and silver, because it's difficult to skim off someone physically holding the currency in their hand and defending it with an AR15.
1105  Alternate cryptocurrencies / Altcoin Discussion / Re: DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) on: November 23, 2016, 11:07:19 AM
@AnonyMint here deconstructing proof-of-work.

Here is the rough draft from my white paper about invisible majority hashrate attacks on proof-of-work blockchains:

https://gist.github.com/shelby3/e90a45604969f1ed64395b0b72a56487

Very provocative!
See also my deconstruction of the scalepocalypse.

Pretty good stuff.  As we discussed in the past, political voting based on external reputation keeps surfacing in these systems like DPoS and PoW as a crutch to allow them to exist in some type of state at all.  We all know that PoW has become entirely centralized, and now the system consists of Chinamen obfuscating who and how many owners of the system there are by strategically allocating hash power in front group pools.  

Smaller entrants to the system are presented with the equivalent of a banana republic election where you can vote on what pool to send your hash rate to, but it's all the same guy or cartel running it anyway.  The reputation system is the crutch to obfuscate or make believe the system isn't currently or temporarily in a state of centralization or monopoly.

That is, UNLESS you acknowledge the fact that confirmations are completely arbitrary in the first place and have no upper limit, and a suggested 6 confirmations might be orders of magnitude wrong for delivering some type of eventual consistency.  Stretch that time limit out to dinosaur age levels of confirmation times and you eventually thermodynamically secure the chain against monopolies from having any effect at all.  Entropy doesn't allow permanent monopolies.  This means you *may* be able to ignore short term actors and just let them obfuscate away their monopolies since they're economically incentivized not to do harm anyway, but the possibility of a long con is obviously always there.

It's a hard idea for the common man (people not on this forum) to wrap their brain around who aren't familiar with Bitcoin and used to instant binary outcomes with their bank account balance.  Soooo, if we ignore things like rough consensus attacks, security all comes down to how short of confirmation time are you willing to risk for forming eventual consistency.  But, ignoring rough consensus attacks are a big fucking "if"!  It's Bitcoin's largest weakness. The system is far more likely to disperse into a million different forks rather than be brute forced out of existence by one party.
1106  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 15, 2016, 10:02:50 AM
Man with down syndrome tackles hillary supporter to make america great again: 

http://www.youtube.com/watch?v=m0JTl2fVqF8
1107  Bitcoin / Bitcoin Discussion / Re: Coindesk is now a pure trash propaganda outlet and must be destroyed on: November 15, 2016, 07:29:25 AM
Is it not CoinDesk's job to also be neutral? The site itself must be open to all the views even if it is against the site owners view. The stupid thing to do is to block one view and make way only for another.

I think OP is reacting this way because the view of the author does not align with his own. So instead of attacking the integrity of the site, why not make counter arguments with the author of the article to express your own view?

Because I assume the audience I'm speaking to isn't composed of 5 year olds and already knows that issuing currency via borrowing at interest is inherently a slavery scam, as opposed to non-debt based currency where there's no continuous service fee paid to the lender.
1108  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 15, 2016, 03:10:27 AM
Cmon baby, let's see some god damn glow now.


Your wish is granted

https://youtu.be/S51cFBjOoOQ
1109  Economy / Speculation / Re: Lose all your capital fast, with MatTheCat and his TA 101A! on: November 14, 2016, 10:44:09 AM
So... how's that Gold price been working out for ya lately, Mat?  Grin

The MatTheCatGartman reverse indicator even worked for the election:

Hillary will get into power, the populace shall whine and bitch before eventually going back to sleep, and Hillary will start a war with Russia, which will cause strength in the dollar and weakness in other currencies, such as the Ruble, and the Renminbi.......


and r0ach direct indicator:

When Trump wins

Although I didn't expect them to be able to manipulate metals down when they should be going up with helicopter money Trump.  Look at the fucking absurd news titles they're running that make zero sense:

"Gold Prices Plummet 6% as Trump Win Fuels Risk"

Risk up and gold down? LOL.  
1110  Bitcoin / Bitcoin Discussion / Re: Coindesk is now a pure trash propaganda outlet and must be destroyed on: November 14, 2016, 10:25:21 AM
This article is labelled as 'opinion' not 'feature' on coindesk.

Yes, we know, which is their scapegoat clause saying when people inevitably read their absurd propaganda they can say "oh, we didn't write it, some other guy did!  It's not our fault our website is pushing international banking propaganda!"
1111  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 14, 2016, 10:12:40 AM
Coindesk is now a pure trash propaganda outlet and must be destroyed

https://bitcointalk.org/index.php?topic=1680205.0


You figuring this out just now??  I knew something was weird and they had some sort of agenda like a year ago.... My guess is they got infiltrated and few of the writers are paid ghost writers of the club/establishment.  Smiley

It went from a little shilling here and there to full blown international jewish banking.  Their talking points in that article look like they just cut and paste the protocols of the elders of zion.
1112  Alternate cryptocurrencies / Altcoin Discussion / Re: Steem pyramid scheme revealed on: November 14, 2016, 09:19:31 AM
Coindesk has turned full auto retard shills for central banks now:

https://bitcointalk.org/index.php?topic=1680205.0

Maybe Steem can be the not as shilly news site until bankers monoplize it.
1113  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 14, 2016, 09:11:15 AM
Coindesk is now a pure trash propaganda outlet and must be destroyed

https://bitcointalk.org/index.php?topic=1680205.0
1114  Bitcoin / Bitcoin Discussion / Coindesk is now a pure trash propaganda outlet and must be destroyed on: November 14, 2016, 09:04:25 AM
http://www.coindesk.com/will-bitcoin-have-its-moment-in-the-trump-era/

The propaganda in the above article includes:

- Suggestion that we use cryptocurrency as world reserve currency, but then does a bait and switch and says, oh but not Bitcoin (likely a federated chain run by the state or central bankers) HAHA

- Mentions the Federal Reserve not only in a positive light, but that they should have dictatorial power over the monetary system to operate a debt based scam currency and anyone who opposes them is bad or unreasonable

- Mentions the IMF and World bank in a positive manner when they're just malevolent institutions like the fed

- Writer dismisses metals as useful (gold/silver).  Bankers despise serfs using metals because gold and silver circulated in native form as coins are the only known sound monetary systems.  Gold "backed" currency is useless because it's essentialy the same thing as fiat in practice.  

- Affiliation with MIT (where chain anchor came from to turn Bitcoin into a permissioned ledger run by the state)

- Writer is against letting nations control their borders.  Another red flag.  Bankers and shills like Soros are trying to flood every 1st world nation with 3rd world immigrants because only a homogenous population like Iceland can unite to throw the bankers out.  If you flood a nation with 3-4 warring factions, it's a divide and conquer strategy to keep them enslaved.

- Writer is against people who want to withdraw from globalization and forced entanglements, which the US founding fathers explicity warned against.  Calls anyone that doesn't want to have endless wars for foreign entities "isolationist"

- Writer pulls the race card when anyone that has a basic understanding of sociology knows multicultural civilizations are far more likely to collapse than homogenous ones like Japan or China.  Trying to force "diversity" onto civilizations is always a divide and conquer strategy for someone else's benefit (usually the central bankers to weaken the cohesion of society to prevent being overthrown)

- Demonizes Russia for no reason (we all know the real reason - threw out Soros and refused to bow down to the bankers)

- So, in summary, Coindesk puts out propaganda directly from Federal Reserve central banking shills now.

- Also, never trust anyone as far as you can throw them that claims Cryptocurency is a superior store of value to metals.  Cryptocurrency has uses, but it will never be a superior store of value.  You need to destroy the entire planet to black swan metals, while cryptocurrency is much easier to hijack or destroy.  Metals will always be the base of Exter's pyramid and there is no possible way for cryptocurrency to replace it.  The price of Bitcoin can still go up like 100x, but if the market cap of metals is not larger than crypto, you're in an irrational market and things are going to implode.

1115  Economy / Speculation / Re: Trump being new POTUS - how it will affect Bitcoin in the long run? on: November 09, 2016, 11:10:56 PM
Trump is anti tech and pro surveillance/police state.  It doesnt look good.

I'm surrounded by noobs.  Trump is gonna spend tons of money with debt based spending on public works projects, then probably also devalue the dollar to fight China and raise exports.  I wouldn't be surprised if he's the biggest spending president of all time.  He's even talked about defaulting on the debt.  

With lots of spending and inflation going on, metals and bitcoin should be up.  There's also 120 trillion in unfunded liabilities that will obviously be printed.  Honestly, the easiest way out is just to do a new Breton Woods and revalue gold to like $10k+ overnight to marginalize the debts.  I expected that as the inevitable conclusion no matter who is in charge.

For anyone that thinks Trump isn't going to spend yuge he even talked about declaring inner cities as disaster areas, and wherever a disaster area is there's big spending.
1116  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 09, 2016, 10:46:48 PM
Dollar will probably be devalued to boost exports.  The real question is if it's accompanied by some huge restructuring of the entire monetary system or getting rid of the Zionist shitbags at the fed and giving control of currency to treasury where it belongs.  Also, fuck Mark Cuban.  What a fucking scumbag.  Zionist who changed his last name to hide in the US and tried to sabotage Trump and is already kissing his ass 3seconds after Trump wins.

Never forgive, never forget.  No mercy.

[img]https://ounce.me/img/mark-karpeles-euphoric.png[img]


When did this happen? He was shitting on Trump pretty hard before lol

Click his twitter, it's pathetic.

He knows the goyim know and the Pinochet purge of media and banking is coming, along with right wing deathsquads.
1117  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 09, 2016, 12:40:00 PM
This move is based on US news and is 60% a USD move rather than a BTC move. It not time for ATH and trains yet.

Guess that answers our question from yesterday.
I was thinking so hard about how the election would affect just Bitcoin, without even thinking of how it would affect the dollar.

Dollar will probably be devalued to boost exports.  The real question is if it's accompanied by some huge restructuring of the entire monetary system or getting rid of the Zionist shitbags at the fed and giving control of currency to treasury where it belongs.  Also, fuck Mark Cuban.  What a fucking scumbag.  Zionist who changed his last name to hide in the US and tried to sabotage Trump and is already kissing his ass 3seconds after Trump wins.

Never forgive, never forget.  No mercy.


1118  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 09, 2016, 04:32:07 AM
NYTimes:  "How to think about this election: white working class voters just decided to vote like a minority group. They're >40% of the electorate."

Trump Victory song:

https://www.youtube.com/watch?v=CuzpFMWReZw

Bankers, Marxists, Feminists, the lying ass media, SJWs, Cuckolds, Zionists, all defeated in one day.

The media now has ZERO credibility and it's known they were all operating together trying to rig the election.  Guillotines for all and Soros plus the rest of the DNC child trafficking cult to be hunted down like animals.
1119  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2016, 01:18:53 AM
Rasmussen polling accidentally releases report showing landslide Trump victory:

1120  Economy / Speculation / Re: Insider: China gov warns citizen about the incoming crack down on exchangers on: November 05, 2016, 11:30:21 PM
This thread = typical new account spam by lying Chinamen that can't cover their open shorts.

Date Registered:   Today at 06:59:48 PM

Look at "Talks_Cheep" post history.  He has 50 pages in a row of same garbage claiming price will go to 0 any second for 2 years straight.

https://bitcointalk.org/index.php?action=profile;u=546102
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