They have machines running on autopilot that just automatically rig metals down when the dollar index rises.  Are dollars really becoming more valuable while the US debt and printing spirals out of control and foreign nations like China and Russia dump all their treasuries?  Fuck no.  Like Elon Musk says, "it's all a simulation".  The charts are fake - painting the tape.  They have zero relation to the physical world or anything to do with supply and demand.  The dollar is becoming less accepted and less wanted globablly, yet they raise a lever on a fake chart that claims it's more valuable than ever.  

Like I said, Comex has already had a technical default sending all contracts to London.  There's nobody on earth who is willing to take the buy side of the trade on a fraudulent exchange that doesn't even have metals.  That would be like sending your money to Bitfinex.  It's likely the price of metals trends towards ZERO on all the fake exchanges like COMEX the closer you get towards global metals revaluation.  It's a game of chicken.  How low do you think it can possibly go before you call up the metals dealer asking to buy some and some billionaire bought it all in one swoop, or the govt itself cleans out the dealers and the ETFs, or the "official" price is $15 but there's now a $10 premium on top of that to source any.

The dollar is also rising simply because the CHICOMS are rigging their currency DOWNWARDS like mad to try and solve their debt problems, which causes the USD to rise as everyone flees the Yuan.  Then the USD becomes way too overvalued and all foreign nations default on US debt unable to pay it back and the whole system blows up with banks crying about how they need to be bailed out.

A post I made earlier for people under the delusion that any type of scaling problem has ever been solved in Bitcoin (let alone decentralization and everything else):

Gonna go rest at the Eagle's nest while JayJuanGee & Trollgoossens think up some nonsense to type.

I've used Bitfinex a lot, even staying up 72 hours straight in a row trading there and witnessed so much crooked bullshit go down it's unbelievable.  Like you could see someone on the order book trying to flush the longs out, and then when he failed, the plug was just pulled on the exchange entirely to try and flush them LOL.  None of the shit is regulated so of course they can do that to scam you.  They've admitted to trading on their own exchange against their customers just like the bucketshop Bitmex.

They have access to all stop order information being the people who run the exchange and all, and can then try to sweep all the stops themselves or even sell that information to 3rd parties.  What is there to stop them?  It's all unregulated bucketshops so they can even do it legally.  During Brexit, I saw the most illogical trades I've ever witnessed in my life where a single entity rammed the market way down and was unloading massive shorts at the bottom instead of covering there.  It was Gox-level illogical trading activity.

Then Brexit happened and the market popped up and they were unable to cover those shorts and then magically Bitfinex claimed they were 'hacked' and lost all customer funds, when in reality, it appeared someone was trading with customer funds or naked shorting and the trade blew up on them.  Here's a picture from the orderbooks when it happened:

That was god awful, Trollgoossens.  Reading that thread was cancer.  Szabo is just trying to create random, nonsensical buzzwords out of thin air to trick people into using digital shitcoins instead of physical metals.  He was involved in the Ethereum scam in the past, and now that he can't fool anyone into using Eth, he's just like "Please use any digital shitcoin at all, I beg you.  The govt pays me to try and lure you into them.  Here, have some meaningless buzz words!"



Mining is not even a static variable.  By his own reasoning, Bitcoin is not "unforgeable costliness" because it's hash power started at zero and can return there at any time.  Jesus christ, what is this garbage I'm reading. Never trust a lawyer, govt contractor, or anyone who has ever been involved in Ethereum.  I think this guy checks off all three of those.

Since you asked, here's a copy of a reply I sent to someone outlining how the dystopian journey of Bitcoin will unfold.  One of the many reasons I'm pro metals, anti-Bitcoin:

The first major dystopian journey of Bitcoin will likely be US lawmakers mandating your transactions have to go through a US-based transaction validator, otherwise it will be deemed laundering.  It's already crazy centralized, then you'll have the choice of sending your transactions through one of 2-3 mining facilities located in your country of origin who perform AML/KYC.  Those validators that are completely controlled and regulated by govt will eventually be converted to some Proof of Stake or Ripple-like system, but that's down the line.  

Each transaction will be gorged with enormous taxes on the fly as it passes through there at 50% or whatever because the govt can't fund itself or afford infinite new, dysfunctional F35s.  Then they'll integrate Lightning Network into those AML/KYC hubs (LN is just a recreation of the already existing banking system) and ramp up the tyranny to the moon making it an exact replica of the cashless society slavery system Aaron Russo talked about.  If the state doesn't like you, your ability to transact will simply be turned off like a Twitter account and not allowed to pass through the hubs.

So yea, in the end, Bitcoin is nothing more than a Pandora's box to empower the state with a bait and switch into a Chinese social credit score system.  It is easily legislated against and taken over because transaction validators are designed to centralize and it's not even possible to create a decentralized digital currency in the first place.  It's the equivalent of placing a giant gun in front of the government that they can easily pick up and use at any time and pretending they're not going to do so.  They'll probably even ditch the Bitcoin token itself and replace it with govtcoin if they can onboard enough people first.

A lot of people know what I say is true but they don't care because they pretend the ability of the state to become involved and completely control bitcoin is somehow going to be good for their bottom line profits.  The only reason the state can become involved in bitcoin is because it doesn't have fundamentals and it's designed to centralize.  So it's a pretty comical view pretending no fundamentals is a good thing.  

Step right on up, goyim.  Help us test out this new cattle monitoring system called (((the blockchain))).  It has a bunch of nice blocks just like a real prison.  Maybe you can help beta test it for us to work out all the bugs. We'll even make it open source so you can volunteer to work on it for free without pay.

Nice, Australian (((leaders))) attempting to pass 5 year prison term for "trolling" trannies online.  Anti-JayJuanGee posts are now illegal.

I'm not sure if metals will stay artificially rigged up until the very day of metals revaluation (which won't be too far off anyway), but if they engineer some type of Brexit economic implosion to try and blame recession/stock market plummeting on, the numbers I come up with for what silver can ramp up to and peak out around in the next run are either $74 or $120 based on a lot of different variables.  Then with a full metals revaluation, probably something like $10k gold, $500ish high end silver, $200ish low end.  Even that might not be enough to stop the world from going immediately back into deflationary collapse again and they'd go all the way to something insane like $20k gold $1000 silver.  Things are gonna get nuts.

Are you trolling me?  19x is pretty low.  That's a joke compared to mine and probably 90% of other posters digital shitcoin returns who post on here.  What are Bob's shitcoin returns?  Like 1000x?  To be at 19x it seems like you would have needed to be on the wrong side of the trade in a big way a few times.  I've seen people invest a whopping $200-500 or something in EthShitThereum IPO and got lucky holding and dumping near the top and made like a million dollars.  Which is kind of an ominous sign for this sector because when you see stuff like that happen, it means it's going to reflexively snap back the other direction and crush everyone and take all their money.  The market gives and takes away.

^You're pushing the idiotic "metals are not manipulated" narrative.  Silver is the biggest inverse bubble on the planet.  The charts are fake.  It's called painting the tape.  I'll buy the most underpriced asset on the planet while you buy imaginary, valueless tokens that have been rigged into a giant, artificial bubble.  The Comex has already even had technical default, which is why they forward all these contracts to London.  Since there is NOBODY willing to take the buy side of the trade on a fraudulent exchange that's defaulted, the price of Comex metals are even likely to go to zero right before the actual value skyrockets.

^I have zero worry about holding metals.  And the last chart you posted looks like the typical Jew manipulation long sweep before a rise like you see them do in Bitcoin every day.  Same kikes using the same manipulation and fraud tactics in all these markets.  The only difference is the ESF has currently rigged metals in an inverse bubble where they're the most underpriced assets on earth, and has allowed or even rigged Bitcoin themselves into a bubble to try an distract people from metals.

^You're butthurt I called out you pump and dump scammers for what you are.  Take Trollgoossens for instance.  His entire goal in life is not to create goods or services, or live off the land or anything like that, it's to try and scam people in poker and take their money.  What do you think he does when he posts on here?  Same thing.  Zero of his posts talk about anything like fundamentals or lack thereof (Bitcoin doesn't have fundamentals because transaction validators are designed to centralize, non-fungible, and doesn't even scale while being centralized).

99% of the posters on here, even people that don't have complete down syndrome and know the stuff I say is true, still insist on posting lies day after day that they know are lies in attempts at personal gain.  This thread is a science experiment testing the honesty of humans and 99% failed.  Unless you give a pass to people like JayJuanGee who are simply too dumb to do any personal evaluation of Bitcoin and notice if it functions in any manner in the real world like the whitepaper claims, or if the whitepaper's claims are even possible, and instead just parrots random garbage Andreas Antonopolous says.  

Most of the whitepaper's claims are even lies at face value for a common buffoon to see like "peer to peer".  It's not - all transactions involve three or more parties.  Or "removes middlemen"  LOL.  All transactions have built-in, rent seeking middlemen.

Both Terra and I agreed that Bitcoin would be useless if they just block fiat transfers to exchanges, so claiming Bitcoin is somehow invincible to the govt now is hilarious.  The fact the govt has NOT blocked these transfers tells you all you need to know, that they seem to support the digital shitcoin scam because they hope to segue it into a cashless society slavery system and hope to distract people away from metals.  

For something to function as money or a unit of account, it has to have some type of price stability.  Bitcoin is designed to have a financial crisis every four years (the halving) for the rest of your life and is impossible to have any type of stability.  It's literally designed from the ground up as a pump and dump scam.  This is why people that call it a Ponzi actually do have merit, because money is NOT supposed to be designed that way with retardedly laughable volatility on purpose.

How can something follow an "S-Curve" that's designed to centralize making it have no fundamentals and no reason to exist, non-fungible and not a commodity so it doesn't even qualify as money, and doesn't scale because LN is just a bait and switch ultra-centralized recreation of the already existing banking system?  You might as well claim Dogecoin is guaranteed to follow an "S-Curve" too.

If Bitcoin is supposed to follow a magical "S-Curve", that means used tennis shoes with the same fundamentals would also follow an S-Curve.  This "S-Curve" word is entirely a pump and dumper scam term because you fail to address any form of fundamentals (or lack thereof) at all.  Since it's not even possible to create a decentralized digital shitcoin (transaction validators always centralize), their only fundamentals are temporary regulatory arbitrage.

Oh, another fool that pretends Bitfinex is not a crooked exchange.  Coinbase has an F rating by the Better Business Bureau, so it's not doing a whole lot better being run by Goldman Sachs members and all:

https://www.bbb.org/us/ca/san-francisco/profile/financial-services/coinbase-inc-1116-454104

I've used Coinbase before a long time ago and it was actually great then, but right around the last halving they seem to have went to complete shit for most people.  I noticed they wanted to ask me 20 questions anytime I logged in too like "where are these coins from? how did you get them?".  It becamse ridiculously intrusive where they treat all users as criminals even vastly worse than using a normal bank.  It wasn't just a one time thing either.  They were asking me this shit every single day LOL.

^God I love this constant Ichimoku cloud spam that relies entirely on Bitcoin being an aggregate market when every single move is always a completely non-aggregate giant red or green candle exploding out of the blue from a single entity.

Stop trolling, Cryptobimbo.  Everyone knows women are not capable of surviving on their own under law of the jungle.  Their entire evolutionary strategy revolves around attempting to manipulate men to protect them and provide them with resources.  Everything about you from the way you think, the way you talk, the way you fake cry when you get caught doing something wrong to try and get out of it, is evolutionarily designed solely to try and trick, deceive, or exploit men, because without the man you just flat out die in most time periods of history.

Absolutely nothing pisses a woman off more than a man that knows exactly how their brain operates since it then becomes impossible for their manipulation and deception to work, then they have millions of years of evolutionary strategy down the drain.  Women are solipsistic creatures incapable of self introspection and would never admit it on their own, but when called out and described in detail, they say "oh shit, that is how women are designed.  Dammit, the goyim know.  I need to pretend it's not true".  So just like a woodpecker has no reason to exist without a tree to peck on, you have no reason to exist without constantly attempting to manipulate or exploit some random dumbass man. 

This is why women, no matter if they're 10 or 90, are always obssessed with things like romance novels and movies.  You're a mindless biological robot who is attempting to channel their programming to seek out and manipulate or exploit men and just rebranding it into the all encompassing term "romance".  You whine about my post because it's the truth, and the truth is very inconvenient for you.

How did Germans become such mind-bogglingly stupid people.  Dogs have an IQ of like 3 and inherently know black people are not safe to be around and always bark at them.  Germans line up begging to be murdered in a level 5 chimpout.

Since the Kabbalah claims souls are reincarnated/recycled, you're probably trapped in a neverending loop trying to enslave goyim and then being exterminated in retribution and we've already done this like 100 times before.