Bitcoin Forum
May 26, 2024, 12:04:16 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 [17] 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 ... 189 »
321  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 14, 2015, 05:07:35 PM
Price varies with time. Can you afford to wait?
Yes.  Can you afford the costs of impatience?


I have maybe a decade of my three score and ten years left (barring anything Aubrey De Grey might get right). I suspect you have rather more. Our perspectives will naturally differ.

[/offtopic]
Hmm, makes me wonder if he will finally make it. The reverse aging experiments have officially started with two techniques that were developed OUTSIDE of the USofA ('cause Bioethics). So; let me hope that we're actually closer to that.
[offtopic]

If XMR is still around in 2020. What do you expect the price (in Bitcoin) to be by then?

I will be happy if the price is 0.01 BTC.

If the price of BTC is what I think it will be by 2020, then I can only hope it's 0.001!!!! Smiley
322  Economy / Economics / Re: Martin Armstrong Discussion on: October 13, 2015, 05:33:14 PM
Bitcoin has been created and it brought the blockchain technology, circumventing the need for banks and government regulations for transferring money.

Cui bono?
The banks are now starting to use this new blockchain technology for their own benefit. This makes it likely that they worked to create Bitcoin, in order to test this new blockchain technology on a big scale.

Follow the money?
The government will only need to monitor the bitcoin community to identify a large number of enemies of the state, saving a lot of money when it comes to tracking down these people. Let them gather in one area and they will be much easier to isolate and eliminate. The banks will also save a lot of money by implementing the blockchain technology for their needs. In addition, no extra money needed to test the technology.

So, is it possible that those who promote bitcoin are actually agents of the state and of the banks?

That's an interesting hypothesis. I have written about it (ok; a rather similar one) multiple times in this forum. IMHO, it's perfectly possible... so it's either that, or they simply liked the Blockchain tech and they decided to adopt it. Occam's razor. Roll Eyes
323  Economy / Economics / Re: Economic Totalitarianism on: October 13, 2015, 06:57:24 AM
Rumor has had it for sometime that TOR is compromised, and I mean completely so.  Not just the entry & exit points I have read about.
Anyone able to comment on that?  I am considering the long process (for me, a non-tekkie) of installing and learning it.

I'm still using TOR for syncing my wallet(s). It doesn't require extra abilities, the only thing to do is run TOR browser and declare into the BTC wallet the 127.0.0.1:9050 or 9150 port for proxy. As for the anonymous part of I2P and TOR, that TPTB_need_war said that they're not anonymous from secret services; it's most-of-the-part true. The TOR compromise was based in DNS leaks, which can be avoided if you do basic things right. By that I mean: There ARE ways to keep yourself anonymous if you want.

The idea (often told it here) is to keep an anonymous profile yourself AND using an OS that's anonymous as-built ONLY WHEN YOU NEED IT. Operating systems you want to look for (even try migrating there if you need to be anonymous):


A last note: Anything that happens ONLINE is potentially non anonymous. It's easy if you're targeted to be revealed. That's why you should be using anonymity ONLY WHEN YOU NEED IT. Simple as that.

Cheers.
324  Economy / Economics / Re: Economic Totalitarianism on: October 12, 2015, 09:09:45 PM

Australia after the PM *democratic* transition, was inline for such an initiative (I assure you there are more to follow). It really makes you wonder how come and certain individuals that used to work for GS become PM or Minister of Economics of whole countries. Could it be that we're heading for a fruitful coalition here...?

And... as the lady said:

We should be aware that, the current hysteria about terrorism, gives the government the opportunity, to impose laws that diminish our civil liberties and human rights. Also, with greater surveillance, we are meant to feel safer, but as we are being watched, we are not free. And so slides away democracy.
325  Economy / Speculation / Re: PnF TA on: October 12, 2015, 08:50:51 PM
LTC alert...

I surely hoped to be the usual "pump LTC first, dump it to BTC" procedure. Usually the LTC runs first. If you see it rising high (hopefully more than $8.65 of July flash pump), it may be the vessel to break the 265-275 resistance on BTC (fingers crossed). Of course this time it may be different, meaning no LTC pump involved; no one knows for sure...
It was a message directed for my subscribers, in case some did not see the slack post notification!
I told them to be alert about a possible bearish signal...

On what you said, lately LTC seems to act first (regardless of direction).
8.65$ is way to high, it would probably mean 320+...

As said, I don't put my money where my mouth is; I just point out the obvious procedure I've happened to notice all these months/years. I really don't know why this is happening; I guess because LTC transactions are much faster between exchanges maybe, but can't know for sure. In any case, 90 out of 100 times we have a pump in LTC, BTC shortly follows with the respective dump.

As for 320+ - I can't say that it has the dynamics to break it right now. We have about 2+ months till Christmas though... Maybe Santa has a prize for every single one of us who HODLED Tongue
326  Economy / Speculation / Re: PnF TA on: October 12, 2015, 08:40:26 PM
LTC alert...

I surely hoped to be the usual "pump LTC first, dump it to BTC" procedure. Usually the LTC runs first. If you see it rising high (hopefully more than $8.65 of July flash pump), it may be the vessel to break the 265-275 resistance on BTC (fingers crossed). Of course this time it may be different, meaning no LTC pump involved; no one knows for sure...
327  Alternate cryptocurrencies / Announcements (Altcoins) / Re: GCoin [GCN] can now be used to buy goods at www.worldofelectronics.ie €1=G2m on: October 12, 2015, 08:33:35 PM
Frozen bubble works here as well. I had a problem logging in to the web game earlier but it may was due to DNS resolve error (due to hiccups from my provider). Thanks Greg for keeping us busy again! Smiley
328  Economy / Economics / Re: Economic Totalitarianism on: October 12, 2015, 07:12:57 PM
I don't think that anyone brought this up yet:

Labour to vote against fiscal charter

In a shock reversal, Labour is to vote against the government’s proposed charter for budget responsibility.

The charter, flagged before the election, would commit the government by law to balancing the books within three years – provided there is no global crisis. It would also solidify the principle of a welfare cap and formalise the duties of the office for budget responsibility (OBR).

Labour’s shadow chancellor John McDonnell had previously said Labour could vote for the document. Some backbench Labour MPs were nervous about the party being seen to oppose fiscal discipline, while McDonnell himself had intended simply to ridicule the charter as irrelevant.
[...]
McDonnell says:

“I believe that we need to underline our position as an anti-austerity party by voting against the charter on Wednesday.

“We will rebuff any allegation of being deficit deniers by publishing for the debate our own statement on budget responsibility. We will set out our plan for tackling the deficit not through punishing the most vulnerable and decimating our public services but by ending the unfair tax cuts to the wealthy, tackling tax evasion and investing for growth.”


Well, well, well... a voice of reason at last.

http://blogs.channel4.com/paul-mason-blog/labour-fiscal-charter-reversal/4293
329  Economy / Speculation / Re: Automated posting on: October 11, 2015, 02:21:58 PM

Quote
"May it please heaven that the reader, emboldened and having for the time being become as fierce as what he is reading, should, without being led astray, find his rugged and treacherous way across the desolate swamps of these sombre and poison-filled pages."

Congrats for the great post. Never EVER thought that I'd read something from Comte Lautreamont within this WoT. That surely adds special gravity.

PS: For the remaining ignorants:

Insolent and defiant, the Chants de Maldoror, by the self-styled Comte de Lautréamont (1846-70), depicts a sinister and sadistic world of unrestrained savagery and brutality. One of the earliest and most astonishing examples of surrealist writing, it follows the experiences of Maldoror, a master of disguises pursued by the police as the incarnation of evil, as he makes his way through a nightmarish realm of angels and gravediggers, hermaphrodites and prostitutes, lunatics and strange children.

https://books.google.com/books?id=SOmrCPKA-3kC&redir_esc=y
330  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 11, 2015, 08:50:47 AM
^^???  Whatcha talkin' bout Jasper? What's wrong? Is it because Sat night & all the filthy casuals titratin' themselves with shitty neurotoxins? Whatever recreational chemical you paid 2x2much4 in "The DeeeEep Web Of Thieves Losermart," you make sure never to buy from that feller again, K?


I must have made you upset, cause I can't understand a fuckin word of that.

From his words I can tell he actually tested all these things himself and described the outcome... Oh, for the guy who asked who's Lamborghini was that with the dood in the picture that floats around this space:

http://lucrativeonline.com/tai-lopez-fraud-and-scam-artist
331  Economy / Economics / Re: Economic Totalitarianism on: October 10, 2015, 01:48:33 PM
I DO NOT BELIEVE ANYTHING

This remark was made, in these very words, by John Gribbin, physics editor of New Scientist magazine, in a BBC-TV debate with Malcolm Muggeridge, and it provoked incredulity on the part of most viewers. It seems to be a hangover of the medieval Catholic era that causes most people, even the educated, to think that everybody must "believe" something or other, that if one is not a theist, one must be a dogmatic atheist, and if one does not think Capitalism is perfect, one must believe fervently in Socialism, and if one does not have blind faith in X, one must alternatively have blind faith in not-X or the reverse of X.

My own opinion is that belief is the death of intelligence. As soon as one believes a doctrine of any sort, or assumes certitude, one stops thinking about that aspect of existence. The more certitude one assumes, the less there is left to think about, and a person sure of everything would never have any need to think about anything and might be considered clinically dead under current medical standards, where absence of brain activity is taken to mean that life has ended.


Nice read. Dedicated to the ones that question everything.
http://www.rawilson.com/trigger1.html
332  Economy / Economics / Re: Martin Armstrong Discussion on: October 10, 2015, 10:06:52 AM
Please to all, help us figure out what is going on in the world.

I am trying to focus in on who are they key trouble makers who are stomping on the free market causing such horrific outcomes for mankind.

We need to understand who, so we can understand what we can do technologically (as well as political action, etc).

The videos I presented seemed to be quite damning unquivocal proof that the Zionist Israel Mossad are responsible for 9/11 (and other false flags and driving the world towards conflict and a world government). But I am not yet fully satisfied as to whether I have the complete conclusion.

Martin Armstrong was fucked over by these interest groups. If anyone has any hard evidence against him, please present it. Please don't take the word of the corrupt system as proof of anything! Any one who is pandering to the corrupt system is also corrupt by implication. Smooth get yourself out of that pronto or face your fate.

I'd say the key factors are based on a schematic I once saw when I was a kid. A pyramid scheme that contains everything and everyone involved (you and me too). On the top there are two dozens of ultra big corps:

The following are the top 25 banks and corporations at the heart of this “super-entity”.  You will recognize many of the names on the list…

1. Barclays plc
2. Capital Group Companies Inc
3. FMR Corporation
4. AXA
5. State Street Corporation
6. JP Morgan Chase & Co
7. Legal & General Group plc
8. Vanguard Group Inc
9. UBS AG
10. Merrill Lynch & Co Inc
11. Wellington Management Co LLP
12. Deutsche Bank AG
13. Franklin Resources Inc
14. Credit Suisse Group
15. Walton Enterprises LLC
16. Bank of New York Mellon Corp
17. Natixis
18. Goldman Sachs Group Inc
19. T Rowe Price Group Inc
20. Legg Mason Inc
21. Morgan Stanley
22. Mitsubishi UFJ Financial Group Inc
23. Northern Trust Corporation
24. Société Générale
25. Bank of America Corporation

This article pretty much clarifies everything:

Rich individuals and their families have as much as $32 trillion of hidden financial assets in offshore tax havens, representing up to $280 billion in lost income tax revenues, according to research published on Sunday. The study estimating the extent of global private financial wealth held in offshore accounts – excluding non-financial assets such as real estate, gold, yachts and racehorses – puts the sum at between $21 and $32 trillion. The research was carried out for pressure group Tax Justice Network, which campaigns against tax havens, by James Henry, former chief economist at consultants McKinsey & Co. He used data from the World Bank, International Monetary Fund, United Nations and central banks.

[...]

An analysis of the relationships between 43,000 transnational corporations has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy.

The researchers found that this core group consists of just 147 very tightly knit companies…

When the team further untangled the web of ownership, it found much of it tracked back to a “super-entity” of 147 even more tightly knit companies – all of their ownership was held by other members of the super-entity – that controlled 40 per cent of the total wealth in the network. “In effect, less than 1 per cent of the companies were able to control 40 per cent of the entire network,” says Glattfelder. Most were financial institutions. The top 20 included Barclays Bank, JPMorgan Chase & Co, and The Goldman Sachs Group.


I pretty much agree this describes what you're looking for. BUT; Chasing after events like 9/11 are nothing but a waste of time, because they describe only A PART of their masterplan (no way we know who truly designed a certain event and what for - when we will, it will be too late.).

http://theeconomiccollapseblog.com/archives/who-runs-the-world-solid-proof-that-a-core-group-of-wealthy-elitists-is-pulling-the-strings
333  Economy / Economics / Re: Economic Totalitarianism on: October 09, 2015, 01:11:29 PM


I'm a bit of a psycho concerning such nice pics/texts. I NEED to know where each comes from. Sounds like Colonel's words, who, although initially believed to be Colonel Campbell, who came back from retirement to command FOXHOUND, it turns out that he is an AI that came from GW, the supercomputer housed by Arsenal Gear.

Is this from Metal Gear Solid 2 (2001)?  Smiley
334  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 09, 2015, 07:03:37 AM
Would like to hear your mining XMR vs buying comments now as compared to your comments about mining BTC vs buying in 2012. Hopefully those who are mining XMR now (or buying 1 XMR a day) will be rewarded as well as you were for your wise decision in 2012.

Of all the alt coins, Monero seems to have the most people who were early BTC adopters. Maybe they see a pattern ready to repeat itself?

In my opinion, it all makes sense when you compare what the network production/equity is now, with the one that will be, when the Asic miners come in. If you think about it a bit; the current exchange rate is about $12 for 1BC. That means you need about 100BC or $1200 for a BFL, SC and 40GH/s. You need about 100 days, to produce 100BC at a rate of 1BC/day with an average setup that sets you back about $1000 to $1200 (a couple of 5970s, a couple of 6870s, and some 6950s) and gives you 2.5GH/s.

Now, lets project this for a while to after 6 months to 1 year. By that time, lets asume that EVERYONE (who can afford it) will mine with an asic by then. The difficulty should respectively rise to actively produce an average for 40GH/s lets say 1BC/day. This means on a direct comparison that your (future) 40GH/s equals with the (today's) 2.5GH/s. Respectively you will be at the same position minus the initial 100BC you gave to buy the asic, minus the cost of the videocards (if you don't manage to sell them, or want to keep them anyway).

It's all about the Benjamins gentlemen. My advice is (that's what I'm gonna do) to quit mining and while the price is still low; I'll prefer buying 1BC per day. When this won't be feasible anymore, I will have a fair amount of BCs to buy myself a couple of asics at 1/3 or even less of the current price... and won't mind about the loss. Of course I'll stand out from mining for a fair amount of time, but what is time? Isn't money..? Wink

I remember that we were not many that could understand the semantics of mining back then. Still, I'm happy that my thesis stands strong after 4 years into cryptoworld. A friend and I, had thought it over several times (mining vs buying). Both had their risks, but at the time, it was not very easy to buy bitcoins (required quite a lot of time for the bank wire to go through - up to a month). So mining was our only (doable) option if we wanted some coins. Still; we got our ass kicked by BFL back then... Sad

With XMR things are a bit different. People can buy a huge amount if they want and they won't have to use banks to do so; which in my case is ultra convenient (because of the capital controls we now have in Greece). As I said earlier in this thread, I don't rule out the possibility XMR will go down to zero, as well as it goes up to 1:1 with BTC. Nevertheless both scenarios are so equally possible (and impossible) at the same time.

I am still accumulating at this point and don't mind for mining (I'm doing it for the sport... Tongue ). Fortunately, I didn't spend my play money all at once; I think I can get some more candy before we go back up. Smiley

PS: Thanks for the memorabilia!
335  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 08, 2015, 08:13:52 PM
For sure I want to see free software available for mining rather than one proprietary miner controlling a huge swath of the network. However, if it isn't at least close to performance parity if not better, then a lot of people won't use it. So let's hope he is able to achieve that.


Still plenty of things to consider. My main concern would've been the electricity costs vs profitability. More miners mean more coins, thus higher difficulty. Bye bye CPU miners. I'd guess the distribution will actually remain the same; the only difference would be that one single individual will have to decide either if he sells now or hold for later. I'm not sure this is bullish, but I'd say it's not bearish either. OTOH, options are always better than a single choice.

We'll see.

The difference I think the earlier post was addressing is claymore getting a percentage of the mined coins from every single user of his miner without paying for any electricity at all. It is assumed he just dumps those. No way to know for sure, but isn't an unreasonable theory.


No, it's plausible this theory stands perfectly true. I *still* think that after GPU mining is dominant, things for XMR will have to change. I currently mine with my i5 @ 80H/s while a GTS450 mines with 150H/s. If the AMD cards kick in I think those will be rendered obsolete. I still got some ancient gear from the old bitcoin times for historical reasons, but if they're up to a factor of 4x as it's being circulated, then I just might have to go all in into new gear and replace the current setup... Or I just might get some more right now... Wink
336  Economy / Economics / Re: Martin Armstrong Discussion on: October 08, 2015, 07:33:49 PM
I'm afraid I can't contain myself any longer. I've been biting my tongue long enough.

TPTB_need_war, is developing Ion more important than these battles?

Maybe certain individuals on here know which buttons to press in order to distract you from your purpose.

Do the symptoms of your illness prevent you from coding but allow you to write thousands of words a day on this forum?

I can't believe I'm the only one here who thinks this? Maybe one reason they don't is that they believe they will end up with a tongue lashing from you.

Shoot me down if you want. I really don't have the hours to spare to get bogged down in the kind of squabbling Ive just read over the last few pages; I'm too busy at work.

I've been reading your often fascinating ideas and plans for nearly two years, but I've pretty much lost patience now.

I really do hope you get to beat your illness, but too often it seems you spend your good days in arguments on here.

Hoping you take this in the friendly but firmly encouraging manner it is intended.

Today I took my antibiotics again and I started the Azithromycin in addition to the Doxcycline. I was supposed to go to the mall tonight to buy N-Acetyl Cysteine but see below. And so far all day I felt mentally okay although I am having some weird sensations not at 3am because I've been up the entire day and night dealing with this crap from smooth.

I was thinking about doing some work this afternoon, but smooth ensnared me in this long fight you are reading here.

What would you suggest I do about this argument with smooth?

Just quit?

Those who go out of their way to read what you say will understand if you do quit. Otherwise, anyone who intended to prevent you from completing Ion knows that they simply have to engage you in one of these verbal contests in order to stall the development of Ion indefinitely. If you are well, mate, then for pity's sake please code!

I've stopped posting here for the same reasons that THX 1138 reported in the quote above. TPTB_need_war, has a much more important task to do rather than spending his time on this forum debating about his beliefs. He has made clear of his thesis on certain subjects, I don't have to agree with everything he does, but I DO RESPECT THEM!

So, I will say it again, please let him do his job. It's what matters most.
337  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 08, 2015, 07:18:03 PM
For sure I want to see free software available for mining rather than one proprietary miner controlling a huge swath of the network. However, if it isn't at least close to performance parity if not better, then a lot of people won't use it. So let's hope he is able to achieve that.


Still plenty of things to consider. My main concern would've been the electricity costs vs profitability. More miners mean more coins, thus higher difficulty. Bye bye CPU miners. I'd guess the distribution will actually remain the same; the only difference would be that one single individual will have to decide either if he sells now or hold for later. I'm not sure this is bullish, but I'd say it's not bearish either. OTOH, options are always better than a single choice.

We'll see.
338  Economy / Economics / Re: Economic Totalitarianism on: October 08, 2015, 12:56:20 PM
Apart from the ranting comments I've been reading (for about an hour now - gosh! You doods type TOO much!) from TPTB_need_war & generalizethis and vice versa there's a pretty good conversation here regarding the semantics one sees in his life. I pose the question then. Is there a chance that you're both right?

I mean look at it rationally, not by the optics of whose opinion is better. Just the essence of it. Here, let me help you a bit:



@AmericanPegasus: always a joy to my eyes reading your comments.  Smiley
339  Economy / Economics / Re: Economic Totalitarianism on: October 07, 2015, 04:54:51 PM
Things may get really ugly pretty soon.

KGB-Connected Russian "Gangs" Tried To Sell Nuclear Bombs To ISIS In Moldovan Nightclub, AP Imagines

Back in May, John Cantlie, a journalist held captive by ISIS, laid out the sum of all fears thesis in the group's English-language online magazine Dabiq. To wit:

Let me throw a hypothetical operation onto the table. The Islamic State has billions of dollars in the bank, so they call on their wilayah in Pakistan to purchase a nuclear device through weapons dealers with links to corrupt officials in the region.
 
The weapon is then transported overland until it makes it to Libya, where the mujahidin move it south to Nigeria. Drug shipments from Colombia bound for Europe pass through West Africa, so moving other types of contraband from East to West is just as possible.
 
The nuke and accompanying mujahideen arrive on the shorelines of South America and are transported through the  porous borders of Central America before arriving in Mexico and up to the border with the United States.
 
From there it’s just a quick hop through a smuggling tunnel and hey presto, they’re mingling with another 12 million “illegal” aliens in America with a nuclear bomb in the trunk of their car.


{...}

In the backwaters of Eastern Europe, authorities working with the FBI have interrupted four attempts in the past five years by gangs with suspected Russian connections that sought to sell radioactive material to Middle Eastern extremists, The Associated Press has learned. The latest known case came in February this year, when a smuggler offered a huge cache of deadly cesium — enough to contaminate several city blocks — and specifically sought a buyer from the Islamic State group.
 
Criminal organizations, some with ties to the Russian KGB's successor agency, are driving a thriving black market in nuclear materials in the tiny and impoverished country of Moldova, investigators say. The successful busts, however, were undercut by striking shortcomings: Kingpins got away, and those arrested evaded long prison sentences, sometimes quickly returning to nuclear smuggling, AP found.
 
Moldovan police and judicial authorities shared investigative case files with AP in an effort to spotlight how dangerous the nuclear black market has become. They say the breakdown in cooperation between Russia and the West means that it has become much harder to know whether smugglers are finding ways to move parts of Russia's vast store of radioactive materials — an unknown quantity of which has leached into the black market.
 
"We can expect more of these cases," said Constantin Malic, a Moldovan police officer who investigated all four cases. "As long as the smugglers think they can make big money without getting caught, they will keep doing it."

http://www.zerohedge.com/news/2015-10-07/kgb-connected-russian-gangs-tried-sell-nuclear-bombs-isis-moldovan-nightclub-ap-imag

340  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2015, 06:53:36 PM
If it takes to pay a coffee with cash in order to keep BTC serious, I'm all for it.

"in order to keep BTC serious" as what, exactly?  Surely not money?

Not consumerist money.
Would you pay with silver coins your frap-thing?

IMHO, if BTC gets the place it deserves it won't have to be THE currency but A currency. We're now just below 5bn total. Imagine 5bn, being 50bn or even 500bn. There's a place in the chart that there's no turning back. I guess we will have to wait a bit for it to happen (if it happens at all anyway). But do not limit your thoughts to micro transactions. There are about a gazillion other coins for that.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 [17] 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 ... 189 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!