Well the odds were really against him so it would have never been implemented anyway.
I`m just wondering what is in the greek sheeple's mind right now. I men they were clearly betrayed by their "saviours" for whom they cheered so much.
How much does it take for a sheeple to make the euphoria go away and let reality settle in with the bad facts, as always.
How much time does it take for a sheep to realize he is in the belly of the wolf?
I think that we're way passed that point as a country. As for the "sheep" theory; I hate to repeat it for the gazillionth time but we're living into a world that's being governed by the Pareto principle. Unfortunately, there's a strong possibility that from the 20% of "useful" people / smart minds, there's another 20% (that is a mere 4% of the total - which, in some cases is even smaller) are CAPABLE to understand fully what really happens around them and propose (and then implement) viable solutions instead of whining... ...and believe me, there's a great chance we have never met such a person EVER.  |
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I concur with the TPTB puppetshow, however, I never ever credited Varoufakis an ounce of credibility.
Marxist? lel.
Also the guy's a blogger... so please.
Not like he has the shoulders to do anything.
Like all the politicians, it's just a morbid set up.
He should be judged for treason as the deal signed with the EU clearly sell what is left of the country along with your sorry asses.
I am very sorry for you people tho.
Unsurprisingly, democracy voting seems not to be the right path in overthrowing TPTB and their bank mafia.
Now that greeks are left with less than nothing, i sure hope things start to heat up a bit more.
Marxists are also bloggers, also some bloggers could be marxists as well; (God, looks like a logical test  ) I agree with "the morbid presence" of Yanis, I disagree that he somehow set this up! I believe he's a natural! Greeks are far from "nothing". I believe there will be turbulence, but not right now. I think that we will have to wait until the 3rd Memorandum has passed (yeah, the one we voted Tsipras for saying he was NOT gonna sign) and all the best assets of the public will be sold for nothing to vulture funds. What I hate more is, that IF Varoufakis had taken that chance and initiated the BTC as a second currency all we had to do was to wait for Gresham's law to take over... Sigh. |
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Macsga I saw on his blog the establishment was trying to have Varoufakis arrested for treason, is this still a possibility, were they credible threats?
Imho varoufakis and the siriza movement are just clowns. They never intended to get out of the euro, they just said what was needed to be elected, and overall they did everything Bruxelles wanted. Clowns i tell you. Hehe yes I know they're clowns, I was just more interested to see what a local thinks, whether he thinks he is a threat to the establishment or if it is all smoke and mirrors. I lost hope in politicians a long time ago, I have never voted in my life. Thanks for the insightful comments (and the great poster from RealBitcoin above ). I beg to differ. Varoufakis is no politician; he's a marxist (that's not necessarily a GOOD thing) and he's one of the smartest men that ever decided to get into politics. There were about 10 of those people in the first Syriza election scheme. I must remind you people that Yanis got the biggest vote count in the country and it was the FIRST time he nominated for the parliament. The EU system saw the possibility of disaster in case Greece managed to get out of the crisis; IMHO Varoufakis had the chance to reform EVERYTHING but he laid the decision in the hands of Tsipras (which is a politician) for making it happen. This is where things went wrong. There's ABSOLUTELY NO POLITICIAN around the globe that manages to become a PM of a country without the "helping hand" of TPTB. They control everybody at this level. If they don't control them, believe me; there are ways to persuade them to conform. This was a golden opportunity for Greece to make history. Didn't happen. With the recent elections, Tsipras (with the advice of TPTB) had reformed the lists of the electoral body leaving -literally- everybody who didn't agree to their terms out of the parliament. They won. We lost; simple as that. Yanis believes he still has a chance by embracing his ideas to open ears within the EU; I'd say it's a noble move, one that a boxer does after he got a nearly fatal hit in the jaw, blacked out and then after listening to the referee's count he decides that he still has to put up a fight. I wish him all the best luck God may give him; I assure you he will need every piece of it. PS: Treason case has been closed; they had nothing against him and -since he's now gone- they had no reason to gο after him. |
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Here's another interview about a Pan-European movement to beat the economic totalitarianism. A coup? *Maybe* this will really work...  Former Greek Minister of Finance, Yanis Varoufakis. Demotix/Heather Blockey. All rights reserved. Alex Sakalis: I’m very interested in this transnational, pan-European movement you are preparing to launch, the details of which you’ve been teasing us with… Yanis Varoufakis: I’m not teasing you. It’s just that it takes time to establish. AS: What forces are you hoping to bring together with this pan-European movement? YV: It began as an idea after the crushing of what I call the Athens spring, which happened in the summer. It became abundantly clear that at the level of the nation-state you can’t even table proposals regarding your own country, let alone proposals for the eurozone as a whole. I experienced the Eurogroup at very close quarters and it was obvious that it was not a forum in which to discuss how to stabilise the European social economy, or how to democratise it. That is just impossible – it can’t be done. So you know when our government effectively overthrew itself – for this is what we did – we overthrew ourselves, our programme… AS: A self-coup? YV: Yes, but that of course was precisely the intention of the troika. That is what they really enjoy doing. Making us not only renege on everything we said, but also forcing us to be the ones who must implement the very programme we loathed and which we were elected to challenge. http://yanisvaroufakis.eu/2015/10/25/one-very-simple-but-radical-idea-to-democratise-europe-opendemocracy-interview/ |
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When the crisis of 2008 hit, they actually came after my gold and silver and confiscated them. So if you prepare for disruptions by stocking up crypto, PM, or banknotes, it is important to shield them physically (hide) as well. The compartmentalization works such that the ones sent after you are from local government agencies, they are no special agents. They believe they are investigating some tax evasion or money laundering case. They hardly know what a thought crime is nor understand that they are the thought police in action Rumor has it that in Greece, the following months all citizens should declare ALL of their belongings or else they will have to pay 40% tax if they reveal them later. That includes PM, cash notes and generally everything that has a value. I don't have anything to hide (after 6y of austerity very few have) but truly bothers me that we're FORCED to do such a thing. I find no other explanation that covers such an act, apart from the fact that they want to confiscate them after a certain date. |
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[...]if bitcoin goes on a big rally, the altcoins might continue to go down for another couple of weeks but then perhaps double or quadruple against bitcoin [...]
This. If history repeats, it may be worthwhile to pick up some LTC and PPC if they bleed a bit more while BTC continues to climb. There is one caveat though, back in 2013 PPC/LTC/NMC hardly had any significant competition. Nowadays there are so many (innovative) altcoins out there, that I am wondering if history will repeat itself. The biggest advantages the aformentioned three altcoins have is liquidity and accessibility. However, de facto they don't have any significant innovation over Bitcoin. Sure they have some merit, but will it be sufficient to induce a rally? Questionable in my opinion. This is mostly the case why those candidates have been floating around all time low lately; sure, they have their fanclub, but I for one, could never go back to LTC or DOGE to name two. Instead I'm tending to follow closely XMR, ETH and a couple of new rather interesting efforts that are not yet released. I'm confident that XMR will be among the top-notch players in crypto land. FWIW: In case BTC rises to the moon, even if you HODL DOGE or Maxcoin will do you good, believe me...  |
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When the time comes, Chinese will likely pile into LTC again. It has the cultural capital there and the liquidity. BitShares used to have heavy Chinese support on BTC38 but it looks like that dried up.
Maybe you got this right. LTC always was the ''vehicle'' of choice in the 90% of BTC pumps. I also expect ETH & XMR to go well too though, (I *wish* would've been the proper word) each for its own reasons (ie: XMR anonymity features would've come handy in China right now). I really believe we are en route for a great week anyway. Buckle up!  |
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China is definitely the main stage now gentlemen. Monday's coming hot and it's gonna be a hell of a week for crypto. Any other exchange we can address maybe?
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New article from Yanis Varoufakis. Things are getting *REALLY* interesting in the Eurozone...  Schäuble’s Gathering Storm ATHENS – Europe’s crisis is poised to enter its most dangerous phase. After forcing Greece to accept another “extend-and-pretend” bailout agreement, fresh battle lines are being drawn. And, with the refugee influx exposing the damage caused by divergent economic prospects and sky-high youth unemployment in Europe’s periphery, the ramifications are ominous, as recent statements by three European politicians – Italian Prime Minister Matteo Renzi, French Economy Minister Emmanuel Macron, and German Finance Minister Wolfgang Schäuble – have made clear. Renzi has come close to demolishing, at least rhetorically, the fiscal rules that Germany has defended for so long. In a remarkable act of defiance, he threatened that if the European Commission rejected Italy’s national budget, he would re-submit it without change. Read more: https://www.project-syndicate.org/commentary/germany-versus-france-italy-by-yanis-varoufakis-2015-10#mvuVFS4OG63SLyXD.99 |
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The problem is that regular people don't even know what Fungiblilty means. And most not even care, unless the effects of its lack in bitcoin will start causing problems.
It's worth remembering that the euro has questionable fungibility: https://bitcointalk.org/index.php?topic=1097116.0The world will wake up to fungibility if Greece is ever allowed to actually default. Q Greece won't be allowed to default; it would've happened a dozen of times within the last 6 years of recession. EU is based on its "austerity measures" to dictate its economic totalitarianism to other "default candidates" within the EU, via the Greek paradigm "see what happened in Greece?". Oversimplifying a disastrous economic attitude to contain the 0.3% of the EU GDP via erratic orders simply won't make it any better. IMHO Dijsselbloem et al should quit politics that ruin the whole EU continent and contain themselves to what they do better; getting their fat paychecks from the Banksters & IMF for kissing their asses. |
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Would it be wrong to post this now?  Go Wile E. Go 945 ask wall at $280 finex I wouldn't care about the US/EU exchanges right now. Even if the fake volume stories about the CN exchanges are true; those are clearly the market makers right now (TBH, from the start of this raise)... FWIW: 1800CNY/BTC just broken. https://bitcoinwisdom.com/markets/huobi/btccnyPS: Hint: Zero fees. |
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To be back on news regarding economic devastation, here are some interesting points in the following video by TDV & Roger Ver discussing "all things bitcoin", chances of you being a bitcoin advisor for a big company, ecard based on bitcoin, how to have a second passport etc. Enjoy: https://www.youtube.com/watch?v=9tIOcMjuPkQ |
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Interesting technology; worth watching. Following and expecting details on distribution.
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I know this is not the proper thread but I can't help but think that somehow this guy reads us, as much as we read him! How to Create A Fairer System QUESTION: Mr Armstrong, I am an avid fan of your site and thoroughly enjoy your posts. As much as I am against tax, would you not agree it’s rather sick that a company the size of Facebook paid out less tax than I did last year? [...] http://www.armstrongeconomics.com/archives/38438 |
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I cannot say much at this time because I don't want to give signal as to what my "wealth management empire" is doing. Everything I have said concerning the principles is fully in force, of course translation: "we are accumulating"  You can't be sure. It could be translated differently: "We are not buying a single Monero until the price is 0.001. Everything I have said concerning the principles is fully in force, of course, so after that we'll continue accumulating as much as we could " No one can ever be sure unless they reveal their true actions. But my haunch says I am right. This is a critical region. Here and a bit lower (maybe 0.001275)... then I see a rebound. Yeah, I've been waiting for it too for at least 3 days - never came; so I said "what the heck, let's do it" and bought at this region here. If the rebound starts, I don't think anyone will have the ability to ride to the train; the best buying occurs "on the way down"... |
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So we need a clear rule-set, that is not just brute force, because that will effectively destroy civilization. But also a set of laws that use morality, and common sense in a balanced mixture.
May I propose that those two are rarities within the world we're living. I'd say (without being fully wrong) that the majority of the people are incapable of thinking via the so called "common sense". I don't want to mention "moral" because morality is based on one's personal preference, the way of thinking, the way he's/she's raised, educated, etc. You know, sometimes asking for the obvious is the most difficult part of all... Well there are 4 main rules to morality. 1) Dont aggress against private property 2) Dont aggress against a person 3) Don't murder 4) Don't rape These are the 4 main rules, and from this we can expand. But even these need to be carefully defined not to fall into the traps mentioned above. If these 4 rules are respected then, you have nothing to worry about in a society. I don't mean to be a contrarian here, but there's fundamental difference between the definition of "property" in a society like ours and (let's say) a tribe in Amazonian Jungle. Property there has a vague definition and the land is collectively considered to be "everybody's". Also, aggression there is a prerequisite in order to find food to feed your children, so it's a noble thing among what is considered "family". That's why I specifically noted that morality is based on one's personal preference, the way of thinking, the way he's/she's raised, educated, etc.On a modern society rules 1/2/3/4 are being punished and enforced by the police. Don't we need enforcement? |
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So we need a clear rule-set, that is not just brute force, because that will effectively destroy civilization. But also a set of laws that use morality, and common sense in a balanced mixture.
May I propose that those two are rarities within the world we're living. I'd say (without being fully wrong) that the majority of the people are incapable of thinking via the so called "common sense". I don't want to mention "moral" because morality is based on one's personal preference, the way of thinking, the way he's/she's raised, educated, etc. You know, sometimes asking for the obvious is the most difficult part of all... |
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After waiting for triple zeros, I decided that it won't happen and the best thing to do is to go all in today. Nearly doubled down my XMR portfolio. I foresee that we won't see lower than 0.0014 for a long time to come. Let's see where's the new top now, shall we? I I'm interested in monero as an investment. for me it could be at 40 cents forever. I only care for it as means of protecting ones privacy and anonymity. thus I really hope in near future you will be able to use xmr to directly pay for service and products without the use of public blockchain as in bitcoin or litecoin. IMHO, XMR is the perfect diversification vehicle. I don't own anything else (apart from BTC & XMR) as primary crypto-assets at the moment. XMR incorporates what BTC doesn't, which is a nice excuse for me when I see these prices to just dive in without much hesitation. Within 1y time it evolved much more than BTC did. Bottom line, I'd advise you to buy "as much as you don't blame yourself if it goes 1:1 with the BTC, and as much as you don't care if it goes to zero". @Risto: We figured out that much... |
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After waiting for triple zeros, I decided that it won't happen and the best thing to do is to go all in today. Nearly doubled down my XMR portfolio. I foresee that we won't see lower than 0.0014 for a long time to come. Let's see where's the new top now, shall we? |
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