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241  Alternate cryptocurrencies / Altcoin Discussion / Re: The bottom will drop out of the alt market soon on: May 03, 2016, 11:23:02 PM
Both Bitcoin and gold have value in that department, but it's difficult for someone to build and guard their own gold vault all day.

Very weak argument. One who can't hide well 100 Kruggerands, is an inept person.

How is that a weak argument?  [...] On the other hand, there's obviously little future for gold due to this scenario.  Almost everyone would place their gold in a 3rd party vault and now it's the same thing as fiat. [...]

You are evaluating gold systemically in terms of whether it is a replacement for fiat. I am pointing out that for the wealthy person, the use case of gold is irrelevant to whether the masses don't adopt gold:

One who can't hide well 100 Kruggerands, is an inept person.

[...]

Clearly I think crypto-currency is better for most needs, but gold still has some unique use cases, i.e. 1 - 5% of networth as a hedge against apocalypse.

The utility of crypto-currency from a personal standpoint is it much more prone to become a top-down controlled fiat and thus lose its permission-less quality.

Gold systemically doesn't solve the fiat problem, but to a wealthy person it is personally it is guaranteed to not be a fiat, as I hold it in my hand and no government can cancel gold as they routinely do for cash[1]. They can erect capital controls, but my gold can remain buried until the government has changed.

In short, gold is more durable than crypto-currency. Whether that is useful to me personally or not, is a matter of personal analysis, perspective, and opinion.

[1]https://www.armstrongeconomics.com/uncategorized/europes-practice-of-cancelling-currency-the-dirty-little-secret-everyone-overlooks/
https://www.armstrongeconomics.com/international-news/north_america/americas-current-economy/the-war-on-cash-2/
https://www.armstrongeconomics.com/writings/2012-2/the-truth-about-gold-why-you-should-buy-it/
https://www.armstrongeconomics.com/uncategorized/says-law/
242  Economy / Economics / Re: Economic Totalitarianism on: May 03, 2016, 04:05:45 PM
that a majority of people will vote for strong man who promises Free Stuff.

...

In the video, Vitalik has fallen for the standard technocrat fallacy where he embraces this system of top down control because he fantasizes about himself being part of the controller class.

Vitalik drank the Koolaid that says if good people like him are in control of the technology, then the other 99% can be happy because he is good guy and loves everyone. What he fails to grasp is the Iron Law of Political Economics which says that centralized governance is a power vacuum. That means that whom ever is nice, is pushed aside by those who are more ruthless and can lie better.
243  Economy / Economics / Re: Economic Totalitarianism on: May 03, 2016, 04:01:33 PM
Both Bitcoin and gold have value in that department, but it's difficult for someone to build and guard their own gold vault all day.

Very weak argument. One who can't hide well 100 Kruggerands, is an inept person. Rather the strong points for Bitcoin are:

1. Transportable without confiscation at airports.
2. Electronically spendable and transferable.
3. Effortlessly divisible.
4. No assay needed (cheating is mathematically impossible).

The strong points for gold are:

1. Can't fail.
2. Untraceable.
3. Eternal

Clearly I think crypto-currency is better for most needs, but gold still has some unique use cases, i.e. 1 - 5% of networth as a hedge against apocalypse.



Both Bitcoin and gold have value in that department, but it's difficult for someone to build and guard their own gold vault all day.

Very weak argument. One who can't hide well 100 Kruggerands, is an inept person.

How is that a weak argument?  [...] On the other hand, there's obviously little future for gold due to this scenario.  Almost everyone would place their gold in a 3rd party vault and now it's the same thing as fiat. [...]

You are evaluating gold systemically in terms of whether it is a replacement for fiat. I am pointing out that for the wealthy person, the use case of gold is irrelevant to whether the masses don't adopt gold:

One who can't hide well 100 Kruggerands, is an inept person.

[...]

Clearly I think crypto-currency is better for most needs, but gold still has some unique use cases, i.e. 1 - 5% of networth as a hedge against apocalypse.

The utility of crypto-currency from a personal standpoint is it much more prone to become a top-down controlled fiat and thus lose its permission-less quality.

Gold systemically doesn't solve the fiat problem, but to a wealthy person it is personally it is guaranteed to not be a fiat, as I hold it in my hand and no government can cancel gold as they routinely do for cash[1]. They can erect capital controls, but my gold can remain buried until the government has changed.

In short, gold is more durable than crypto-currency. Whether that is useful to me personally or not, is a matter of personal analysis, perspective, and opinion.

[1]https://www.armstrongeconomics.com/uncategorized/europes-practice-of-cancelling-currency-the-dirty-little-secret-everyone-overlooks/
https://www.armstrongeconomics.com/international-news/north_america/americas-current-economy/the-war-on-cash-2/
https://www.armstrongeconomics.com/writings/2012-2/the-truth-about-gold-why-you-should-buy-it/
https://www.armstrongeconomics.com/uncategorized/says-law/
244  Alternate cryptocurrencies / Altcoin Discussion / Re: The bottom will drop out of the alt market soon on: May 03, 2016, 04:00:00 PM
Both Bitcoin and gold have value in that department, but it's difficult for someone to build and guard their own gold vault all day.

Very weak argument. One who can't hide well 100 Kruggerands, is an inept person. Rather the strong points for Bitcoin are:

1. Transportable without confiscation at airports.
2. Electronically spendable and transferable.
3. Effortlessly divisible.
4. No assay needed (cheating is mathematically impossible).

The strong points for gold are:

1. Can't fail.
2. Untraceable.
3. Eternal

Clearly I think crypto-currency is better for most needs, but gold still has some unique use cases, i.e. 1 - 5% of networth as a hedge against apocalypse.
245  Alternate cryptocurrencies / Altcoin Discussion / Re: [neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? on: May 03, 2016, 03:49:11 PM
TPTB_need_war I find it quite hard to order/structure what you're planning to achieve.

That is intentional.

lol this is Shelby's coin project

That's what I was wondering: if it's Shelby's project, then what's Moneroman88 doing posting the PRE-ANN?  Huh

This is not an official thread for JAMBOX. JAMBOX has no relationship in any form with Moneroman88.


Not enough information and specifications.  Can you post more details regarding this JAMBOX project?

No. There is no announcement. This thread does not represent the JAMBOX project. And I am not marketing JAMBOX to cryptocurrency investors. JAMBOX is not a crypto-currency and doesn't have a block chain. JAMBOX is vaporware. It does not exist. No code has been written.

This is going to be a giant

Correct. So please close this thread. Nothing to get excited about here.
246  Alternate cryptocurrencies / Altcoin Discussion / Re: JAMBOX on: May 03, 2016, 03:47:15 PM
lol this is Shelby's coin project

That's what I was wondering: if it's Shelby's project, then what's Moneroman88 doing posting the PRE-ANN?  Huh

This is not an official thread for JAMBOX. JAMBOX has no relationship in any form with Moneroman88.


Not enough information and specifications.  Can you post more details regarding this JAMBOX project?

No. There is no announcement. This thread does not represent the JAMBOX project. And I am not marketing JAMBOX to cryptocurrency investors. JAMBOX is not a crypto-currency and doesn't have a block chain. JAMBOX is vaporware. It does not exist. No code has been written.

This is going to be a giant

Correct. So please close this thread. Nothing to get excited about here.
247  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] JAMBOX - The Social Distribution Network on: May 03, 2016, 03:42:28 PM
Not enough information and specifications.  Can you post more details regarding this JAMBOX project?

No. There is no announcement. This thread does not represent the JAMBOX project. And I am not marketing JAMBOX to cryptocurrency investors. JAMBOX is not a crypto-currency and doesn't have a block chain. JAMBOX is vaporware. It does not exist. No code has been written.

This is going to be a giant

Correct. So please close this thread. Nothing to get excited about here.
248  Other / Politics & Society / Re: Europe, you reap what you sow... on: May 03, 2016, 09:28:14 AM
“When you see that in order to produce, you need to obtain permission from men who produce nothing; when you see that money is flowing to those who deal not in goods, but in favors; when you see that men get rich more easily by graft than by work, and your laws no longer protect you against them, but protect them against you. . . you may know that your society is doomed.”

Atlas Shrugged – Ayn Rand

    p. 413 ; Francisco d’Anconia to Bertram Scudder
249  Economy / Economics / Re: Economic Totalitarianism on: May 03, 2016, 09:26:23 AM
“When you see that in order to produce, you need to obtain permission from men who produce nothing; when you see that money is flowing to those who deal not in goods, but in favors; when you see that men get rich more easily by graft than by work, and your laws no longer protect you against them, but protect them against you. . . you may know that your society is doomed.”

Atlas Shrugged – Ayn Rand

    p. 413 ; Francisco d’Anconia to Bertram Scudder
250  Economy / Economics / Re: Martin Armstrong Discussion on: May 03, 2016, 09:06:30 AM
For the Martin Amstrong critics, chomp on this:

https://www.armstrongeconomics.com/armstrongeconomics101/basic-concepts/does-randomness-even-exist/

Don't forget my thought provoking theoretical physics post upthread wherein I explained entropy grows unbounded in the small details, not in the large fractal cycles correlated in Chaos theory. And include my 2013 blog post on the matter of the Universe.
251  Economy / Economics / Re: Economic Totalitarianism on: May 03, 2016, 08:57:24 AM
But gold has a utility that crypto-currency doesn't have, which is that it can't disappear due to the centralization inherent in profitable mining of proof-of-work or the centralization inherent in any proof-of-stake variant (don't make me justify this statement as we've discussed it ad nauseum before).

The utility of crypto-currency from a personal standpoint is much more prone to become a top-down controlled fiat.

Gold systemically doesn't solve the fiat problem, but to me personally it is guaranteed to not be a fiat, as I hold it in my hand and no government can cancel gold as they routinely do for cash[1]. They can erect capital controls, but my gold can remain buried until the government has changed.

In short, gold is more durable than crypto-currency. Whether that is useful to me personally or not, is a matter of personal analysis, perspective, and opinion.

[1]https://www.armstrongeconomics.com/uncategorized/europes-practice-of-cancelling-currency-the-dirty-little-secret-everyone-overlooks/
https://www.armstrongeconomics.com/international-news/north_america/americas-current-economy/the-war-on-cash-2/
https://www.armstrongeconomics.com/writings/2012-2/the-truth-about-gold-why-you-should-buy-it/
https://www.armstrongeconomics.com/uncategorized/says-law/
252  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: May 03, 2016, 08:56:51 AM
But gold has a utility that crypto-currency doesn't have, which is that it can't disappear due to the centralization inherent in profitable mining of proof-of-work or the centralization inherent in any proof-of-stake variant (don't make me justify this statement as we've discussed it ad nauseum before).

The utility of crypto-currency from a personal standpoint is much more prone to become a top-down controlled fiat.

Gold systemically doesn't solve the fiat problem, but to me personally it is guaranteed to not be a fiat, as I hold it in my hand and no government can cancel gold as they routinely do for cash[1]. They can erect capital controls, but my gold can remain buried until the government has changed.

In short, gold is more durable than crypto-currency. Whether that is useful to me personally or not, is a matter of personal analysis, perspective, and opinion.

[1]https://www.armstrongeconomics.com/uncategorized/europes-practice-of-cancelling-currency-the-dirty-little-secret-everyone-overlooks/
https://www.armstrongeconomics.com/international-news/north_america/americas-current-economy/the-war-on-cash-2/
https://www.armstrongeconomics.com/writings/2012-2/the-truth-about-gold-why-you-should-buy-it/
https://www.armstrongeconomics.com/uncategorized/says-law/



Both Bitcoin and gold have value in that department, but it's difficult for someone to build and guard their own gold vault all day.

Very weak argument. One who can't hide well 100 Kruggerands, is an inept person. Rather the strong points for Bitcoin are:

1. Transportable without confiscation at airports.
2. Electronically spendable and transferable.
3. Effortlessly divisible.
4. No assay needed (cheating is mathematically impossible).

The strong points for gold are:

1. Can't fail.
2. Untraceable.
3. Eternal

Clearly I think crypto-currency is better for most needs, but gold still has some unique use cases, i.e. 1 - 5% of networth as a hedge against apocalypse.
253  Economy / Economics / Re: Bitcoin or gold? on: May 03, 2016, 08:56:19 AM
But gold has a utility that crypto-currency doesn't have, which is that it can't disappear due to the centralization inherent in profitable mining of proof-of-work or the centralization inherent in any proof-of-stake variant (don't make me justify this statement as we've discussed it ad nauseum before).

The utility of crypto-currency from a personal standpoint is much more prone to become a top-down controlled fiat.

Gold systemically doesn't solve the fiat problem, but to me personally it is guaranteed to not be a fiat, as I hold it in my hand and no government can cancel gold as they routinely do for cash[1]. They can erect capital controls, but my gold can remain buried until the government has changed.

In short, gold is more durable than crypto-currency. Whether that is useful to me personally or not, is a matter of personal analysis, perspective, and opinion.

[1]https://www.armstrongeconomics.com/uncategorized/europes-practice-of-cancelling-currency-the-dirty-little-secret-everyone-overlooks/
https://www.armstrongeconomics.com/international-news/north_america/americas-current-economy/the-war-on-cash-2/
https://www.armstrongeconomics.com/writings/2012-2/the-truth-about-gold-why-you-should-buy-it/
https://www.armstrongeconomics.com/uncategorized/says-law/



Both Bitcoin and gold have value in that department, but it's difficult for someone to build and guard their own gold vault all day.

Very weak argument. One who can't hide well 100 Kruggerands, is an inept person. Rather the strong points for Bitcoin are:

1. Transportable without confiscation at airports.
2. Electronically spendable and transferable.
3. Effortlessly divisible.
4. No assay needed (cheating is mathematically impossible).

The strong points for gold are:

1. Can't fail.
2. Untraceable.
3. Eternal

Clearly I think crypto-currency is better for most needs, but gold still has some unique use cases, i.e. 1 - 5% of networth as a hedge against apocalypse.
254  Alternate cryptocurrencies / Altcoin Discussion / Re: The bottom will drop out of the alt market soon on: May 03, 2016, 08:47:33 AM
But gold has a utility that crypto-currency doesn't have, which is that it can't disappear due to the centralization inherent in profitable mining of proof-of-work or the centralization inherent in any proof-of-stake variant (don't make me justify this statement as we've discussed it ad nauseum before).

The utility of crypto-currency from a personal standpoint is it much more prone to become a top-down controlled fiat and thus lose its permission-less quality.

Gold systemically doesn't solve the fiat problem, but to a wealthy person it is personally it is guaranteed to not be a fiat, as I hold it in my hand and no government can cancel gold as they routinely do for cash[1]. They can erect capital controls, but my gold can remain buried until the government has changed.

In short, gold is more durable than crypto-currency. Whether that is useful to me personally or not, is a matter of personal analysis, perspective, and opinion.

[1]https://www.armstrongeconomics.com/uncategorized/europes-practice-of-cancelling-currency-the-dirty-little-secret-everyone-overlooks/
https://www.armstrongeconomics.com/international-news/north_america/americas-current-economy/the-war-on-cash-2/
https://www.armstrongeconomics.com/writings/2012-2/the-truth-about-gold-why-you-should-buy-it/
https://www.armstrongeconomics.com/uncategorized/says-law/
255  Economy / Economics / Re: Economic Devastation on: May 03, 2016, 05:58:01 AM
Radical transformation of the computing industry underway:

https://bitcointalk.org/index.php?topic=1219023.msg14737773#msg14737773
256  Economy / Reputation / Re: Shelᖚy (TPTB_need_war) Psychoanalysis. Smartest Man in the Altcoin Discussions? on: May 03, 2016, 05:52:20 AM
Details of USA Securities Law is covered in the following thread:

https://bitcointalk.org/index.php?topic=1218399.0

Making AMPS publicly available for sale to non-accredited USA investors makes the unregistered investment securities illegal even if issued by foreigners.

Alt currencies are not investments in the eyes of existing law anyway.

With that strawman statement which does not address the points of the Howey test, you obviously do not comprehend the thread that was provided to you. You probably didn't even read it or read it carefully.

Verbal handwaving is not technical explaining. It is clever marketing to fool n00bs, but I know better.

If you are the guy who doesn't get it, and almost everyone else does

No one understands the details including yourself. For if you did, you would explain it here in sufficient technical detail so as to be unambiguous statements.

You are BS and you know it.

We need sufficient technical detail so that we can verify if the system will do what he is claiming it will do.


It has been in commercial operation for a couple years.

You are referring to components of the system such as Special K or Microsoft's use of process calculi, but the devil is in the details. This usage of some components of his research has no bearing on whether any of this is applicable to Synereo. Without the details, we can't tell you exactly why you are wrong.

And you certainly don't know the technical details either.

Any way, I don't have more time to waste on your nonsense.

So, again, please cease and desist with the negative misinformation and claims.
Ask your father for a refresher on Libel & Slander.

Sue me in the USA (which is the only jurisdiction which you can enforce on me). Hahaha. So we can go in court and talk about selling illegal unregistered investment securities. There is nothing slander nor libel in demanding proper disclosure with all the technical details explained so that laymen investors can evaluate if this AMP token is a worthwhile investment.

Any way, this is all a waste of my time because Synereo will fall and JAMBOX will not. And JAMBOX isn't selling and hyping tokens. Talk to me again in 6 - 9 months. Until then, any thing other than technical details from you is hot air.

Lol, Synereo with a $9 million marketcap and only $0.016 million ($16,000) of probably fake (insiders buying from themselves) daily volume. You snakeoil salesmen having a hard time getting fools to buy this fake market cap now.

Stop wasting everyone's time with your ridiculous allegations.  Nobody takes you seriously.  Your stupid "Jambox" will be a total failure just like you are.
257  Alternate cryptocurrencies / Altcoin Discussion / Re: Apple Pay's flaws compared to the hypothetical crypto currency on: May 03, 2016, 05:51:13 AM
2. One of the most important goals I want to achieve for JAMBOX is that apps can be written in a language that can be loaded over the network and JIT compiled and run instantly on the mobile device or computer. The entire point is to replace the web browser with a better app engine and to abstract away the native APIs for iOS and Android, so that people can write apps once and have them run every where without any installation procedure. In short, the WWW on steriods.

Right about now, your latest generation Octacore ARM-based device has roughly ⅓ the CPU performance of the Intel i7 3770 with much lower power consumption and price. As ChromeOS and Android fulfill more of the apps that people want to do, with less tsuris for the n00b user, there is less reason to buy a computer with Windows or Mac OS X. High-end users increasingly opt for OS X because it is Unix-based. But the more salient point is that even OS X is being eaten from below by entirely open source options such as Android and ChromeOS which are popular amongst the masses. Even Intel is being eaten by below by ARM and China.

But there is a problem which is a huge market opportunity which I am attempting to tackle. Users will increasingly want to have compatibility and seamless use of the same apps and/or data both on a small mobile screen (e.g. smartphone and tablets) and when plugging that device or a mini PC into a larger monitor with a Bluetooth keyboard and mouse. But Android apps don't work that well at such large screen sizes and with a mouse, installing Linux on an Android device breaks the security model of Android and/or is slow plus kludgy, and ChromeOS apps are not so numerous yet  as well being disunified with Android apps. There are others attempting to do a better ChromeOS, but not unifying mobile and desktop.

There are other problems I'd like to solve such as the tsuris of installing Android apps (installing shouldn't be necessary!), managing cloud backup differently for each app, etc..

Also no one has built a decentralize protocol for social networking interoption between these apps.

Btw, the hardware advance of ARM is impressive. For example, arguably the best high-end mini PC available is the Intel NUC which at $500 with 16GB RAM and 250GB SSD, it has roughly ⅓ the CPU performance of the Intel i7 3770.

But for < $100, an ARM Rockchip RK3368 has roughly ⅕ the CPU performance of the Intel i7 3770. And the RK3399 is coming Q2 2016 which will have roughly ⅓ the CPU performance of the Intel i7 3770. For $150, the Intel Atom with Windows 10 has roughly ⅙ the CPU performance of the Intel i7 3770. Even DIY kits with 8" screens are coming.
258  Alternate cryptocurrencies / Altcoin Discussion / Re: [neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? on: May 03, 2016, 05:50:38 AM
2. One of the most important goals I want to achieve for JAMBOX is that apps can be written in a language that can be loaded over the network and JIT compiled and run instantly on the mobile device or computer. The entire point is to replace the web browser with a better app engine and to abstract away the native APIs for iOS and Android, so that people can write apps once and have them run every where without any installation procedure. In short, the WWW on steriods.

Right about now, your latest generation Octacore ARM-based device has roughly ⅓ the CPU performance of the Intel i7 3770 with much lower power consumption and price. As ChromeOS and Android fulfill more of the apps that people want to do, with less tsuris for the n00b user, there is less reason to buy a computer with Windows or Mac OS X. High-end users increasingly opt for OS X because it is Unix-based. But the more salient point is that even OS X is being eaten from below by entirely open source options such as Android and ChromeOS which are popular amongst the masses. Even Intel is being eaten below by ARM and China.

But there is a problem which is a huge market opportunity which I am attempting to tackle. Users will increasingly want to have compatibility and seamless use of the same apps and/or data both on a small mobile screen (e.g. smartphone and tablets) and when plugging that device or a mini PC into a larger monitor with a Bluetooth keyboard and mouse. But Android apps don't work that well at such large screen sizes and with a mouse, installing Linux on an Android device breaks the security model of Android and/or is slow plus kludgy, and ChromeOS apps are not so numerous yet  as well being disunified with Android apps. There are others attempting to do a better ChromeOS, but not unifying mobile and desktop.

There are other problems I'd like to solve such as the tsuris of installing Android apps (installing shouldn't be necessary!), managing cloud backup differently for each app, etc..

Also no one has built a decentralize protocol for social networking interoption between these apps.

Btw, the hardware advance of ARM is impressive. For example, arguably the best high-end mini PC available is the Intel NUC which at $500 with 16GB RAM and 250GB SSD, it has roughly ⅓ the CPU performance of the Intel i7 3770.

But for < $100, an ARM Rockchip RK3368 has roughly ⅕ the CPU performance of the Intel i7 3770. And the RK3399 is coming Q2 2016 which will have roughly ⅓ the CPU performance of the Intel i7 3770. For $150, the Intel Atom with Windows 10 has roughly ⅙ the CPU performance of the Intel i7 3770. Even DIY kits with 8" screens are coming.
259  Economy / Economics / Re: Martin Armstrong Discussion on: May 03, 2016, 02:32:31 AM
I'd add that the Elite have less control than you suggest...

Who is you? I had written the same point:

Edit: you also believe in the totality of the elite's "monopoly" control.
260  Economy / Economics / Re: Martin Armstrong Discussion on: May 03, 2016, 02:24:52 AM
Exactly. MA does worse than a coinlip on average. His reverals target "forecasting" is so hilarious I can't understand how he is able to even publish shit like that  Grin I'll bet he counts on that enough people reading do not understand trading and markets at all, or backtesting.

well my financial astrologist does the same thing... planets affect moods. He says dow 32k with usd and us equities rising together (which already started). Hes bearish gold. Has never really been that wrong.

Hey idiots as I had explained before in the quote below, the point is the investor can react to the market action with greater than 50% odds. You guys are too dumb to understand that a prediction for a static point in time with no conditionals, is a point sample and point samples are subject to aliasing error; thus MA does not provide such ridiculous point sample predictions. You try to force his statements to be point sample predictions, thus it is unsurprising that you see his statements as a failure. I won't bother to explain fundamental relevant science to you such as the Shannon-Nyquist Sampling Theorem, Fractals, and Chaos Theory, because you are too dumb to understand.

Armstrong is for smart people. The low IQ trolls need not apply.

The benchmarks stated that the USA dollar and and USA stocks had to start moving in unison as another criteria and if this wasn't the case, then the benchmark low would be pushed out in time until they do.

Thus none of his predictions have failed. Those who expect him to say "this will happen on this date" are building a strawman illogic, because MA never predicts such. His method is to provide a "if this, then that" analysis of the computer model's outputs.

[...]

MA's model provides key dates and it provides indications such as "Panic Cycle", "Directional Change", etc. on each asset analyzed. His model also provides "if this, then that" benchmarks on price reversals in both directions.

From this, the speculator can watch the market and try to interpret how the real world is matching the model and then infer decisions with a much better than 50% probability.

Something important does always happen on the ECM turn dates. For example:

[...]
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