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1721  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: October 12, 2015, 08:59:12 PM
Did you file a suit or "Just talk to a lawyer"?  If you just talked to a lawyer then they don't have any claims. 

You have a very good point there.
1722  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: October 12, 2015, 08:58:41 AM

An interesting quote:
Quote
2.6 Litigation. There is no  ... suit, ... claim ... threatened against the Company, ... nor, to the knowledge of the Company, is there any reasonable basis for any such action, suit, ... claim... . The Company does not have any Legal Proceeding pending against any other Person.


LOL

WOW...  REALLY?

I also doubt very seriously these rigs will be inside the rack of another facility other than BCTS.  They only wanted to announce what they have accomplished.  If anyone does receive them, they will probably have to sign an agreement that would include not telling anyone they have them.
1723  Bitcoin / Hardware / Re: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH on: October 12, 2015, 08:45:19 AM
I just checked mine.  I ordered 09/03/15 at 06:05am.  It is marked "shipped."

I too have a UPS account but nothing is shown as being shipped.
1724  Economy / Speculation / Re: The Bullish News and Articles Thread on: October 12, 2015, 01:47:08 AM

@Mr. David : You don't see us going to 6 figures by 10-12 years from now ?


My apologies for the delay.  I've been with family all day.  Just now sitting back to relax and do my own thing.

It's possible, it depends on who wins.  Will LIBERTY win or will NWO win?  That is the question...
1725  Economy / Speculation / Re: The Bullish News and Articles Thread on: October 11, 2015, 04:28:12 AM
My apologies for the delay.  I've been watching college football most of the day.  Watching California and Utah play as I type.


I was asking about how you will save your wealth if
Quote
we have a world war AND an economic collapse AND the United States joins a New World Order.

And I would like to see your reply on yolalanda's question please.

Thank you Smiley

Edit :
Quote
An economic collapse is coming regardless

Why you are sure about this brother ? Any ETA ?


I replied to yolanlanda's post a moment ago.  Which see...

I'm sure about an economic collapse because what is going on with monetizing of debt by the U.S. and the E.U. is simply unsustainable.  More and more citizens of both the U.S. and E.U. are in poverty and on the government dole.  If either the E.U. or the U.S. economies collapse, all world economies collapse because of the way it's all connected.  If China's economy collapses, the whole world economy collapses.  We are all connected together and it would all fall like stacked dominos.

As for how I will save my wealth IF we have a world war, economic collapse and a new world order all combined:

Sell approximately 90% of my bitcoin and buy gold just before things heat up real bad and buy U.S. minted gold and silver.  I would keep my cash holdings about the same.  Sell all of my mining rigs if they have not reached ROI.  If they have reached ROI, I would keep mining away if it is still profitable.  Buy as many things as possible that can be used for barter.  Such as, alcohol, sugar, rice, etc.  It's a good idea to load up on rice to have available to give to those searching for food to keep them away from your real storage hidden away by a means I refuse to mention here in this thread or by PM.  It would be time to move to bug out location and live "off grid" in a strategic location.

Strategic Relocation The Film FULL VERSION HQ - https://www.youtube.com/watch?v=jzjm9MJFSA8

Yes, I'm a "prepper."  I even have a .30 Caliber Air Rifle with two different barrels that can shoot both .30 Caliber pellets for small game and arrows for larger game.  I have an electric high pressure pump and a high pressure hand pump to pump up the 500cc canister on the air rifle.  A link for a video product review is provided below.  The entire setup with air rifle, 75 cubic feet tank (15 pounds when full), extra arrows, extra pellets, extra magazines to hold the pellets, electric high pressure pump, hand powered high pressure pump put me back $5,700.  I thought it was important to have the means to still protect myself and my family, as well as provide food on the table for my family in tough times if I were to run out of powered ammo for my shotguns and rifles.  

I can easily hit the bullseye of a target at 140 yards with the .30 caliber pellets and bullseye on a target with the arrows at 100 yards.  The arrows come out at 280 to 310 feet per second, which, is higher than most compound bows and cross bows available.  It's more accurate than compound bows and cross bows because the arrow is "pulled" with air from the front rather than pushed by a string from behind.  You don't see the arrow wobble with this air rifle the way it would with a bow or cross bow.  Hence the reason for much more consistent accuracy.  If you go to the 7 minute 17 second mark in this video https://www.youtube.com/watch?v=z_DsjavaufI you will see what I mean by a much more consistent flight of the arrow shot from this air rifle.  

FX Verminator Extreme Airgun Product Review - https://www.youtube.com/watch?v=TWiXOjN2XEc

A picture of the air rifle:  By the way, I just put down brazilian rosewood flooring in my house [Getting it ready to sell].  I had to take out the base molding before installing the wood flooring.  So, I need to install base molding now and paint the walls and trim.  Then install new receptacles (power outlets) with face plates.  The entire air rifle can be taken apart and fit inside the case you see on the floor.  If you look at the 5 minute and 30 second mark on the video I provided, you will see what I mean about the rifle being able to be broken down to fit in the case.  Here it is again:  https://www.youtube.com/watch?v=TWiXOjN2XEc  By the way, the arrows are 20 inches long with 100 grain target tips.  The package comes with the case, barrel for arrows (located above the 4 arrows), barrel for pellets, pellet magazine, stock with 500cc canister inclosed. The canister has enough air for 42 consistent shots of .30 Caliber pellets at 78ftp at 950 fps or 70 arrows at 280 to 310 fps.  This package also included a scope for arrows and a scope for pellets.



Here is my favorite fire arm I have that is NOT an air rifle.  It is a Remington R25 in .308 caliber.  They are also available in .223 Caliber and 7mm.  I have made some custom conversions to this rifle.  For instance, it has a carbon fiber hand rail powder coated in an earth tone to match the stock.  It cuts down on the weight with carbon fiber instead of aluminum or steal.  I did not have the light, night scope and bipod attached at the time of photograph.  Once a Marine, always a Marine.



The scope on at present is a Nikon 2.5-10x44SF M-IL-MD (Monarch-Illuminated green/red-Mildot)

http://nikon.co.za/en_ZA/product/sport-optics/riflescopes/mcx-2-5-10x44sf-m-il-md#techspecs


My apologies for getting off topic into air rifles and firearms.  I'll delete the portion about air rifles and firearms upon request.
1726  Economy / Speculation / Re: The Bullish News and Articles Thread on: October 11, 2015, 03:30:33 AM
... over the next 18 months ... as long as the world does not fall into world war.

No WW3 for a whole 18 months?  You think there's a chance?

I just don't see it yet because China doesn't quite have the naval fleet it wants yet.  They have 4 carriers under construction that will not be ready until 2020 at the earliest.
1727  Economy / Speculation / Re: The Bullish News and Articles Thread on: October 10, 2015, 11:10:57 PM
But you didn't answer this question dear.

Quote
Also, let's say this happened, where you will be saving your wealth ? If as you said, Bitcoin will die and I don't think we can trust our banks.

Clarification:  I said, Bitcoin would die IF we have a world war AND an economic collapse AND the United States joins a New World Order.  An economic collapse is coming regardless.  But, an economic collapse is not enough to snuff out bitcoin.  It would take another World War AND the U.S. joining the NWO.

As for how I'm "...saving my wealth?"  I'm keeping very little in the bank.  VERY LITTLE... Maybe 2% to 3% of my wealth is in the bank at any given time.  I keep just enough in the bank to pay bills with online banking, groceries, gas, eating out, etc.  As for savings/investment, I'm actually 50% bitcoin, 30% gold, 10% silver and 10% cash.  I honestly prefer bitcoin over gold and silver right now.  I'm constantly keeping my eye on bitcoin and news about bitcoin and politics to guard my bitcoin investment savings.  If I think I should sell all or a portion of my bitcoin, it's done.  I plan on accumulating quite a bit of bitcoin over the next 18 months to a point where I will probably be as much as 60% bitcoin, 25% gold, 10% silver and 5% cash as long as the world does not fall into world war.
1728  Economy / Speculation / Re: The Bullish News and Articles Thread on: October 10, 2015, 06:10:01 AM
I know about the IMF announced of a new world reserve currency, but how we shall know that the currency the organization will approve, will be the NWRC ?

Also, let's say this happened, where you will be saving your wealth ? If as you said, Bitcoin will die and I don't think we can trust our banks.

Thanks dear.

The IMF has not made an announcement yet.  It will be in October.  We do not know what the announcement will be either.  My "guess" for this October is to announce the Chinese Yuan as a reserve currency.  I don't see the announcement of the NWRC designed by the IMF until after an international economic meltdown.  My honest opinion of course.  This means, I don't see a viable threat to bitcoin until there is a world war and economic melt down.  If the IMF were to make the announcement of the NWRC in October, Bitcoin is still very much alive until a world war and the formation of the NWO.

By the way, the following currencies have reserve currency status:



The following article is a good read on the IMF announcement.  It is Part 2 of 2:

http://www.dinarrecaps.com/our-blog/imf-to-make-huge-announcement-october-20-part-2

After the announcement, the worlds reserve currencies could look like this:

1729  Bitcoin / Hardware / Re: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH on: October 10, 2015, 05:47:30 AM
Did anyone get a response from Bitmain recently? They aren't responding to emails last few days.
People sent about 6 trillion emails, then another 36 trillion when they didn't receive a response to the first during the public holiday. It will take time to sort through.


Is there an "official" reseller on Amazon or Credit Card accepting website for the S7?


eBay is about your only choice to purchase with credit card via PayPal at a price that isn't too outrageous.  I've seen one sell for $1,864 with $26.00 shipping cost.

Thanks, are any of them inclusive of the 90 day warranty direct from Bitmain?
They'll tell you to go to your reseller for warranty so its a lottery as to if you'll receive service. Buying from Bitmain is the only sure fire way.

Dogie, is telling you the truth there when it comes to warranty period.  If you're concerned about warranty, purchase from bitmain.  Spending that much for a rig is a no brainer for me but not everyone starting out can pay cash for bitcoin to get the amount of rigs they desire.
1730  Bitcoin / Hardware / Re: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH on: October 10, 2015, 05:36:19 AM
Is there an "official" reseller on Amazon or Credit Card accepting website for the S7?


eBay is about your only choice to purchase with credit card via PayPal at a price that isn't too outrageous.  I've seen one sell for $1,864 with $26.00 shipping cost.
1731  Economy / Speculation / Re: The Bullish News and Articles Thread on: October 09, 2015, 10:11:48 PM
I fully agree.

How many % do you give for the NWC scenario to occur and why Sir ?

I believe it is a 98% chance a New World Reserve Currency (NWRC) will occur.  Simply, because the economic state of the majority of countries around the world and how our economies are all connected together.  If the U.S. goes down, everyone goes down.  It's like a domino affect.

Google:  "IMF announcement in October 2015."  Who knows?  It's possible an NWRC could be introduced in October or they may declare the Chinese Yuan as a member of several reserve currencies.

We are destined for a world economic collapse.  The wealthy global elites are managing the speed in which this collapse occurs to avoid "blame."  They know BIG corporations and BIG government would be the "blame" if we have an economic catastrophe before a World War.  They don't want BIG corporations and BIG government to be blamed because those two things are an important means in which the global elites have obtained the control they have.  

If BIG government and BIG corporations were blamed, the people would rise up and fight against the same scenario occurring again.  So, to avoid a revolt from the people and destroying their master plan, it would be in their best interest to have a nuclear strike on strategic military locations around the U.S. [By China and Russia] to try to dethrone the U.S. as the world's lone super power.  The citizens remaining in the U.S. would be advised by an elitist controlled president to join forces with other western countries around the world in a New World Order to defeat China and Russia.  Of course, U.S. citizens would be fighting mad and gladly join this NWO for wanting revenge.  Any thoughts of the economy and who or what was at fault for the state it is in would be long forgotten.

Remember, there are "globalist" FACTIONS at war with one another to determine which wealthy faction will control the new world order.  All of the wealthy factions WANT a New World Order.  So, they are in league with their government's intelligence to TRY to determine what the other one has.  I'll tell you this, China and Russia may THINK they know all the secrets about what is in the U.S. arsenal.  However, they are sadly mistaken IF they think they know everything.  It is very compartmentalized at different tiers.  It would be in the best interest of the U.S. to ALLOW China and Russia to gather certain intelligence while keeping intelligence on their main arsenal hidden out of reach extremely well.  China and Russia would be ALLOWED to strike strategic military installations with missiles, etc... to get the citizens of the U.S. to blindly accept joining a new world order.  Then, China and Russia would be attacked with an arsenal unlike anything anyone has ever seen before.

I'll stop rambling.

Cheers,
1732  Economy / Speculation / Re: The Bullish News and Articles Thread on: October 09, 2015, 09:27:00 PM

Dear Mr. David,

Any small piece of information you share with us, is greatly appreciated, believe me.

And thanks for taking your time to share and reveal more about this NWO material.

If you don't mind, in the same elaborative manner please, could you please relate this with bitcoin and how it could harm it.

Thank you dear.


The globalist are all about "control."  If they can control a country's currency, they can control that country and everyone in that country.  Bitcoin, is not about "control."  Bitcoin, is all about "Liberty" and "decentralization."  The global elitist know this.  They see it as a threat.  They cannot "control" bitcoin because bitcoin is not of their creation.  They can try to kill it by banning banks from accepting transfers from institutions who converted bitcoin into FIAT.  However, bitcoin would still survive.  It just would not "thrive" the way it could without inhibitions from government(s) who ban it for a desire to "control" a society for their own selfish gain.  It would still be alive but only in a few pockets around the world not controlled.

The constitution and case law prohibits the government from placing bans on banking institutions [At the moment] from accepting transactions from businesses related to bitcoin.  However, if the constitution no longer existed and was replaced by an New World Constitution ruled by elites, bitcoin could be reduced to an underground currency and no longer thrive.  How?  The NWO would create a New World Reserve Currency (NWRC) [backed by multiple commodities from around the world] to bail out a multitude of countries who will have gone bankrupt.  There would be a "reset," you might say, and the IMF [Who is controlled by global elites] would be in control of this NWRC.  They would implement bans on banking institutions who wish to do transactions with businesses who make transactions with bitcoins.  They would deny those banks access to NWRC if they do not implement such bans.

Bitcoin, is the answer to the world for a decentralized NWRC that promotes LIBERTY instead of CONTROL by the elites of the NWO.

The global elites want centralization with themselves in the center [In control].  Bitcoin cannot survive in a society totally controlled by a corrupt bureaucracy.

Andreas Antonopoulos, DECLARES to a room filled with bankers how DISRUPTIVE bitcoin is to THEIR desire for control through centralization:  https://www.youtube.com/watch?v=iDIIJENpxN4
1733  Economy / Speculation / Re: The Bullish News and Articles Thread on: October 09, 2015, 08:56:03 PM

1. I don't think the LTC rise was because of the halving, the raise was due to the major chinese ponzi scheme which was done in a wide range in China.


I totally agree.  Just to remind you, I did not say "WHY" we had a pump and dump with LTC.  I simply said we had a pump and dump a month before the LTC block halving.  Yes, the Chinese ponzi scheme "used" news of the LTC block halving as fuel for their pump and dump scheme.




2. I believe the halving rally will peak in Sept. to $600, the rally will probably start after the halving takes place.


I believe we will have another pump and dump "scheme" of sorts just before the BTC block halving as we did before the LTC block halving.  I also believe LTC [As well as other alt coins] will take a ride on the tail of the BTC pump and dump.  I intend to be part of the trade with the alt coins about a two months before the BTC block halving.  I want to buy the alt coins as low as possible about a month before the pump and dump begins.

If my hunch for a pump and dump holds true, I see the price of BTC pumping up between $960 and $1,280 then dump back down between $420 to $640 range right at the point the block halving is implemented.  We will then see a slow overall rise upward in price till November/December of 2016, where the real rally will begin.




3. Why would there be a bump in 2017 ?


I believe acceptance of bitcoin will be almost double in 2017 what it is right now.  I believe a Winklevoss Twin's ETF will be in full swing.  I believe user friendly apps will be available providing security in bitcoin transactions for those who are new to bitcoin; thereby drawing new people into the bitcoin world in droves.  I believe enough time will have elapsed for BIG money to give up to the "FOMO" and jump in with Gemini Exchange [Who will be the exchange all other exchanges follow; rather than a Chinese exchange].

Lucie changed his username to masterluc.  He began a thread August 15, 2013 [Just before the pump to $1,200 in December, 2013].  This thread has 194 pages now.  It is a very good thread with Elliot Wave (EW) analysis for bitcoin.  Masterluc, was spot on in his analysis just before the pump in 2013.  I tend to follow him and several others in that thread regarding "LONG TERM" price reactions of bitcoin in with EW analysis.  Masterluc, and others tend to lean more towards 2017 being a good year for bitcoin at the moment.  Here is the thread starting from page 1:  https://bitcointalk.org/index.php?topic=274613.0

The fact that we will have less bitcoin dumped onto the exchanges to pay power after the block halving removes a LOT of downward pressure on the exchanges.  Most everyone believes less downward pressure from fewer bitcoin dumped to pay for power will be fuel for a rally.  If you culminate fewer bitcoin dumped with new investors coming on the scene over the course of 2016 and 2017, it can only add up to quite a BIG rally in 2017 that may begin near the end of 2016.




4. I agree with you regarding Gemini, and iCEBREAKER said, "...mega-whales will never touch such an offshore exchange like Bitstamp, they need something like Gemini to start investing in Bitcoin."


My sentiment exactly.  Yes, there are many with a long transaction history who may not be cozy to the idea of their bitcoin address history being searched to see if they have anything to hide (i.e. not paying taxes).  New BIG money with NO transaction history on NEW bitcoin addresses (wallets) will not be concerned about this type of investigation into private transactions that have no history to be concerned about.




5. You see NWO is not a SERIOUS threat yet to Bitcoin till 2020-2022, am I right ?


Yes, I tend to agree with Joel Skousen's estimation regarding the time of a World War III.  The NWO wants a World War III to hide their scheme allowing them to accumulate more wealth during times that have been more trying for the most of us.  When the banks got bailed out with trillions of dollars, the taxpayer [Who did not get bailed out] never saw a dime of it.  The banks should have used this money to loan to small business.  Instead, they kept the money to invest in the stock market, forex and derivatives.  

Why do you think the stock market is so over bought?  It's because that's what the banks have done with a large portion of their hundreds of billions of dollars received from the Federal Reserve.  The banks have arranged their own pump and dump scheme, you might say.





6. Why do you such believe in a coming WWIII and NWO ? Educate me please.


This was answered in my previous post to this one.  I have a multitude of videos I would want you or anyone else to watch and a multitude of government documents available online for anyone to read.  However, I did not want to overwhelm you or anyone else.  Nor did I want to spam your thread with a multitude of info about it.  I simply wanted to provide info to hopefully generate enough curiosity for one to take the time to investigate further.
1734  Economy / Speculation / Re: The Bullish News and Articles Thread on: October 09, 2015, 07:51:54 PM
Hi Fakhoury,

Thanks for your reply.  I will take the time to answer your multiple points after this post.  

I just thought it was important to share with you and others about wealthy globalist factions at odds with one another about which faction will control the globe once the new world order (NWO) has come to fruition.  The reason I'm bringing this to light is because I want to do my part in revealing their agenda to help provide resistance.  As this NWO gets closer to succeeding, it will have revealed more about itself and its agenda as it comes into existence.  Hopefully, those who were made aware of its evil intentions before it begins to take hold will rise up to fight against it when the time is most urgent.  Some refuse fight it now because they do not believe and they call it a conspiracy "theory."  They will not take the time to investigate for themselves so they may truly "SEE."  So, many of those who will not take this time to believe it now will not believe until the NWO is almost upon us and they actually "SEE" it upon us.  Unfortunately, most require "seeing" before "believing."

The following video link is one everyone MUST watch FIRST to lay the foundation for understanding the conspiracy of the New World Order (NWO); that I also call, "Globalist" agenda.  Don't confuse "globalism" with "communism."  Some might think, "Oh great... another conspiracy theorist."  No, this is not a "conspiracy theory."  This is simply a "conspiracy fact."  Where very wealthy people have "conspired" together to bring about socialist change for their own selfish gain.  Understanding this conspiracy will not come about with several cunning sentences or paragraphs.  The globalist are doing so many things on so many fronts to bring about their NWO, it cannot be simply explained even in one video.

This video will reveal there are certain "factions" of "Globalist" around the world who are competing against one another for control.  A Western/Anglo American faction, an Asian faction and a Russian faction.  This video will explain the four different levels of each faction.  It explains methods these factions use to gain control.  This video does not get into other details like Agenda 21, the United Nations, etc...  It simply explains how we have wealthy factions around the globe who seek global control for their own selfish gain.

Joel Skousen: The Hidden Power Structure of the Left-Right Paradigm - https://www.youtube.com/watch?v=737t_T4xihk


This video not only explains the importance of strategic location in the event of a nuclear and/or economic catastrophe in the U.S.  It also explains why the globalist want a nuclear strike on strategic military locations within the U.S. and the rise of another World War in an effort to hide [make people forget] the economic situation they were put in by the globalist [Who got richer during this time].  This video is worth the time to watch and please don't make light of it or mock it.

Strategic Relocation The Film FULL VERSION HQ - https://www.youtube.com/watch?v=jzjm9MJFSA8

Excellent video about Agenda 21 - https://www.youtube.com/watch?v=0K6CACOGdEM

Maybe the videos I've provided have aroused your curiosity enough to research further.  If so, keep in mind there is excellent research material available online but also a plethora of terrible opinions online as well.  Don't allow the plethora of terrible to discredit or discount the excellent research done by the few good ones.
1735  Bitcoin / Hardware / Re: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH on: October 09, 2015, 04:25:02 AM
If they are going to 'compensate' us with crappy $100 off coupons, they can all shove it up their rears.. Undecided

I for sure as heck will never buy from them anything again.


I have a strong feeling it will be 100 off.   If they do over  I will be pretty surprised.

The only hope is they don't do one of them, they give you a handful that you might be able to sell and recoop some.  But I doubt anyone will be happy with compensation.  This could be part of why they have not announced it yet.  

If they want to be horrible they would release a crap offer on a Friday late knowing they have weekend to not hear complaints.

I think the hope around here is based on the historically fairly generous compensation plans (e.g. S3 or L1) but that was back when there was competition.

Also keep in mind that Hashnest S7 miners have been promised to start mining by October 10th so it's likely that our Batch 1 was "deprioritized" to make way for that.

I ordered twelve S7's in three different batches. The first four (ordered on 8/31) came on 9/23 and have been on the rack and running solid for 2 weeks. The ones I ordered on 9/4 and 9/6 have not shipped. For a few days it was no big deal but now I just keep thinking about the .3 BTC I'm loosing every day the other eight machines are not here in my rack. 30 days of PPS mining those 8 machines would = 9BTC gross and would have paid the difference between ordering Batch 1 vs. having waited and just bought them in Batch 3, not to mention the 65BTC invested in the hardware sitting unproductive for a month and a half. I think the price difference would not have been so galling if the Batch 1 machines had all shipped prior to the holiday. I was lucky that all four of the ones that I got are 100% (though they will not perform at 600/4.86ish unless they are soft booted after power up), but I've been thinking that maybe when they came up with the low hash units they suspended shipping of batch 1 and just rolled everyone into batch 2/3, which are probably just re-QC'd batch 1 machines separated into 4.66 and 4.86 machines. It's very disappointing, especially since every single mining day between now and the halving is critical.

My nine (9) S7's ordered on the 8th of September certainly have not shipped yet either.  At a little more than .3 BTC per day PPS, I wonder how much compensation would be for being late as well?  This will be interesting to see how it turns out.  

I personally believe compensation should be with BTC AND COUPONS.  I have a business myself.  If I fail to meet a deadline it ends up costing people money.  I personally would compensate them for the money lost and offer a discount for their RETURN business.  However, it's not like BITMAIN has competition to be concerned about losing business.  So, like I said, "This will be interesting to see how it turns out."
1736  Economy / Speculation / Re: The Bullish News and Articles Thread on: October 09, 2015, 02:29:57 AM
Dear Mr. David,

Thank you for passing by to this thread and leaving your bullish news with us.

Hopefully you will come and again to post such an awesome and beautiful news as your sole my friend.

Thanks again Smiley

Hi Fakhoury,

Thanks for your kind words!

Just wanted to see if any here have similar thoughts about the upcoming block halving:

I am expecting a pump and dump with bitcoin like what we had with Litecoin about a month or so before the block halving.  Litecoin did remain approximately double what it was before the pump after it had dumped.

Litecoin went up 8 times what it started at a month before the block halving.  I don't see bitcoin getting pumped to that magnitude before a dump just before the block halving.  I see 3 or 4 times; Not 8 times like Litecoin.  Which means, if bitcoin was $320 just before the pump begins, it could pump up between $960 and $1,280 then dump back down to $420 to $640 range right at the point the block halving is implemented.

I know some here may not concur with what I'm speculating for next summer.  I just know how manipulative bitcoin is right now because it's only a bit over a 4 Billion dollar market.  THAT is very small compared to the majority of FIAT currencies.  Bitcoin can be easily manipulated.  Litecoin was easily manipulated.  Why not bitcoin?  You can bet Litecoin will ride up with bitcoin as well just before the bitcoin block halving.  I plan on getting in on that pump and dump as well.

The Spring of 2016 through November of 2016 is going to be an exciting time and I'm looking forward to it very much!!!   Grin Grin Grin

Bitcoin is here to stay for the most part.  The only way I see bitcoin being defeated is if the entire world turns into a totalitarian State or New World Order (NWO) controlled by the elites.  THAT could be the end of bitcoin if that is accomplished.  All banks would be banned from converting or transferring funds from bitcoin into FIAT or vice versa.  I honestly do not see THAT serious threat raising its head until the year 2020 to 2022.  The elites will allow the economy to continue its slow present course without a crash to avoid "blame" by the citizens of this world.  They will want a world war to occur first before an economic melt down to avoid "blame."

The main battle ground for this NWO will be in the U.S.  The U.S. is really the only country that stands in its way because so many here stand for Liberty and have over 300 million firearms to hold a revolt against such an attempt to take our freedoms.  [Hence, Obama's continuous attempts to convince citizens to rid the U.S. of firearms similar to Australia and the UK - confiscation.]  If that were to start, there would be a civil war in the U.S.  You can count on it.  That's when we could be vulnerable.  

I know there are some who may think I'm some kind of crazy person but I really don't care.  The only threat I see to bitcoin is the NWO.

Cheers,

David

P.S. -  We can expect a HUGE pump in 2017 up to the $2,200 to $4,400 range.  It's coming...  Count on it.

BIG money will come into Gemini exchange over the next couple of years.  Some may say the way Gemini will be policed by government will discourage people from trading there because of the way they will follow transactions of bitcoin addresses to see where the money came from.  BIG money (NEW money) with no history of where the money may have come from will not be concerned with this.  Those with a longer bitcoin history with multiple bitcoin addresses might have concerns but not newbies with BIG money who want to get in on the game.
1737  Economy / Speculation / Re: The Bullish News and Articles Thread on: October 09, 2015, 01:21:20 AM
Hi everyone,

Just wanted to stop by and share the Fox Business Interview with the Winklevoss Twins:  https://www.youtube.com/watch?v=9q88ETzE2I0

I thought the interview went quite well.
1738  Bitcoin / Group buys / Re: [lee group]1980$! the sales of first batch hosted antminer s7(psu included) on: October 01, 2015, 08:02:56 PM
Are you guys sure they will underperform ?

I don't think they will under perform.  One has to wonder if BITMAIN got a bad batch of something to feel the need to sell an entire batch of S7's (Batch 2) at 4.66 TH/s then the next batch (Batch 3) [To ship on the same ship dates] at 4.86 TH/s.

I believe they have figured it out and are taking action to fix the problem for batch 3 and the rest of batch 1 but it's too late for many units already made that are 4.66 TH/s.  Which are being sold at a lower cost.

I don't believe they want to send out emails to those who ordered batch 1 and wish to make things right.  However, they are cutting it rather close for the 10 days late.  If after 10 days, I'm wondering what the compensation would be?

I think it's quite possible mine and Phil's S7's will be in good working order (4.86 TH/s).
1739  Bitcoin / Group buys / Re: [lee group]1980$! the sales of first batch hosted antminer s7(psu included) on: October 01, 2015, 07:55:34 PM
so I get a bit anxious while i wait. for mining.

plus the fact that these will under preform make this not so good for my "high anxiety".

lol

Don't think I'm being sarcastic by laughing, Phil.  I'm only laughing at the "high anxiety" comment.  You and me both...  I ordered 9 units on 09/09 and my own sanity is being tested as well.
1740  Bitcoin / Hardware / Re: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH on: October 01, 2015, 04:09:25 PM
My S7 is not running anymore after 2 Days of working fine.
I have changed PSU(Bitmain Brand) from a working S7 already and also made reset.
I Don't get any reply from bitmain.
Any Ideas ?


Give Dogie a shout in his S7 Guide:  https://bitcointalk.org/index.php?topic=1194785.0;topicseen
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