Natural selection creates a lot of bad traits in both males and females, but probably more so in women. For instance, a solipsistic woman that believes her life and whatever she wants is more important than everyone around her is more likely to have resources available for her child to survive, and if the child survives, it then perpetuates the cycle and passes on those traits. The official narrative is that only something like 3-5% of people are sociopaths, but when it comes to women and how they view the value of their lives compared specifically to men, a huge percent of them are sociopaths in that regard. They just have some form of selective sociopathy. So called new age women love to pretend they are not "just mindless baby making machines", yet all the traits that make up who they are were derived from that task in natural selection over thousands of years. |
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tonnes of scope for Ver to scam people for the wrong bitcoin
There isn't a right bitcoin because nobody ever solved the problems of decentralization or scaling. Not to mention decentralization is a problem that's not possible to solve in craptocurrency, rendering the entire exercise pointless and inferior to gold and silver as money which already existed beforehand. The only way bitcoin could theoretically derive some type of value is from transaction flow and not stock, since it's mostly an imaginary idea/thing in the first place. You can't store value in an imaginary asset. It's value could only come from whatever possible utility it provides. It doesn't have value just from existing (stock)...because it doesn't really even exist. Gold and silver have actual scarcity. Bitcoin is based on artificial scarcity. This makes it similar to fiat from an economics point of view, in that any value over zero is technically a bubble, it's only a question of how long the bubble lasts. But the market will eventually take the value back down to zero again. It could come quick and painful like Venezeulan fiat, or longer and drawn out like USD fiat. So, without trying to take sides on any dumb tertiary issues that I dont' care about between people like Roger Ver, Maxwell, and the Gavinator, the fact is that bitcoin is not decentralized and never will be decentralized, so whether your blocks are big or small doesn't really matter all too much. From the economics point of view, the bitcoin value should be HIGHLY correlated to scaling (flow) and zero to do with stock because it's a fucking imaginary asset. So if your goal is just to try and increase the value of your pump and dump (let's face it, that's all bitcoin is because without solving the problem of decentralization, it has zero fundamentals and it's not possible to solve), then you would want to raise scaling at all costs in an attempt to inflate the pump and dump before it inevitably impoldes and people park their money in non-imaginary assets instead. |
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But a wildcard that I'm expecting is the implosion of Finex.
Agree 100%. Like I said 1000x times before, the bitcoin price has mostly been controlld by a SINGLE ENTITY on Bitfinex ever since it was $200. If a market is almost entirely controlled by one person, it's not a market, it's a fucking scam. There is obviously very shady shit going on at Finex ever since they stole all those bitcoins during the halving then claimed they were "hacked". All I hope for is that someone at Bitfinex goes to prison when this bitcoin bubble eventually implodes, except I wouldn't discount the idea that it's possible someone from Goldman Sachs or the US govt is involved and nobody goes to prison. It's impossible Fort Knox has over 2000 tons of gold in it (more likely probably 0), so they might be trying to distract people from buying metals by creating a bitcoin bubble. China and Russia are both in the process of re-monetizing gold though, so if the US is pushing that scam strategy, it's going to blow up in their face anyway. In case anyone forgot about Bitfinex's lies about their "hack", I screenshotted and documented the whole thing as it occurred. The first picture in the second link also shows you how obvious it is Bitfinex price is controlled entirely by a single entity with a high probability of being the staff themselves: http://steemit.com/news/@r0achtheunsavory/bitfinex-is-lying-about-the-hack-and-i-can-tell-you-exactly-what-likely-happenedhttp://steemit.com/money/@r0achtheunsavory/the-r0ach-report-vol-3-bitfinex-scamming-intensifies-and-more-on-the-silver-and-gold-markets |
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This ad screams dump everything now.  |
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Besides all of them being centralized and having no reason to exist at all, why all cryptocurrency is garbage: The r0ach report 23: The Achilles heel of cryptocurrency economic fundamentals - Seigniorage feehttps://steemit.com/money/@r0achtheunsavory/the-r0ach-report-23-the-achilles-heel-of-cryptocurrency-economic-fundamentals-seigniorage-feeThe difference in cost of production and face value of a monetary instrument is called seigniorage fee. If the cost of a dollar bill is something like four cents to create but you pay the government 96 extra cents for it, that's called you being ripped off by orders of magnitude and the government using the ripoff profits to fund it's mafia. In the big picture, you're always going to be getting hit with some type of seigniorage fee no matter what you use, but the key is to minimize it.
Now that we've established you need to be a moron to buy paper, fiat currency, let's examine how this relates to craptocurrency. Humans live in a generally closed ecosystem, and since the peak of the industrial age, cost of production generally only goes up for the noble metals as the free market takes all the low hanging fruit first. This means seigniorage fee is mostly always going to be on your side holding those instruments. Bitcoin on the other hand, has a floating cost of production function where production cost is recursive based on it's own demand.
Metals are a non-recursive system since cost of production is always a derivative of the external energy market. This is an important point to make since anyone from a programming background knows recursive systems are a flimsy house of cards with a single problem variable. The problem variable is that the cost of production for bitcoin can go down just as easily as it goes up. This makes it a very unsound monetary instrument in terms of seigniorage fee compared to virtually every other "asset" on the planet since the other assets are generally not recursive.
In case you lack any common sense whatsoever and haven't figured out bitcoin doesn't actually exist in the real world and is mostly imaginary, I would say any system built on recursion disqualifies itself from being an "asset" in the first place.
There are virtually no fundamentals whatsoever in terms of seigniorage fee in bitcoin and contrary to current day opinion, fundamentals actually do matter. It's basically designed to be nothing more than a pump and dump in other words. (i.e. You can never say "oh, I got a good deal buying bitcoin at $100 or $10,000. Everything over $0 is a seigniorage fee in bitcoin so you are generally always being ripped off no matter what you pay, unlike physical assets even as lowly as toilet paper).
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What type of Anonymint-Philippines anti-metals collusion is going on here today? First I guess I'll address this random craptocurrency pumper buffoon: Time to invest in the metal is long gone. This is the era of crypto currency.
Besides all of them being centralized and having no point to exist at all, why all cryptocurrency is garbage: The r0ach report 23: The Achilles heel of cryptocurrency economic fundamentals - Seigniorage feehttps://steemit.com/money/@r0achtheunsavory/the-r0ach-report-23-the-achilles-heel-of-cryptocurrency-economic-fundamentals-seigniorage-feeThe difference in cost of production and face value of a monetary instrument is called seigniorage fee. If the cost of a dollar bill is something like four cents to create but you pay the government 96 extra cents for it, that's called you being ripped off by orders of magnitude and the government using the ripoff profits to fund it's mafia. In the big picture, you're always going to be getting hit with some type of seigniorage fee no matter what you use, but the key is to minimize it.
Now that we've established you need to be a moron to buy paper, fiat currency, let's examine how this relates to craptocurrency. Humans live in a generally closed ecosystem, and since the peak of the industrial age, cost of production generally only goes up for the noble metals as the free market takes all the low hanging fruit first. This means seigniorage fee is mostly always going to be on your side holding those instruments. Bitcoin on the other hand, has a floating cost of production function where production cost is recursive based on it's own demand.
Metals are a non-recursive system since cost of production is always a derivative of the external energy market. This is an important point to make since anyone from a programming background knows recursive systems are a flimsy house of cards with a single problem variable. The problem variable is that the cost of production for bitcoin can go down just as easily as it goes up. This makes it a very unsound monetary instrument in terms of seigniorage fee compared to virtually every other "asset" on the planet since the other assets are generally not recursive.
In case you lack any common sense whatsoever and haven't figured out bitcoin doesn't actually exist in the real world and is mostly imaginary, I would say any system built on recursion disqualifies itself from being an "asset" in the first place.
There are virtually no fundamentals whatsoever in terms of seigniorage fee in bitcoin and contrary to current day opinion, fundamentals actually do matter. It's basically designed to be nothing more than a pump and dump in other words. (i.e. You can never say "oh, I got a good deal buying bitcoin at $100 or $10,000. Everything over $0 is a seigniorage fee in bitcoin so you are generally always being ripped off no matter what you pay, unlike physical assets even as lowly as toilet paper).
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Garbage article. Bitcoin has a reverse Schelling point due to being designed to function only as a settlement network with high fees and low scalability, not to mention ease of cornering the entire market since most of the whole thing is mined on all these coins in a couple years. You are incentivized to create "altcoins" in other words rather than the entire world trying to fit on a single chain and be extorted with low scaling usury fees and already cornered markets.
Since bitcoin can only function as a settlement network, it's only real function is doing something like replacing SWIFT, but proof of work/stake, proof of anything are all designed to centralize, meaning there's no real difference in a centralized bitcoin and a centralized SWIFT network rendering the entire exercise pointless and a giant scam once it reaches endgame. Bitcoin also has built-in rent seeking middlemen (transaction validators) and doesn't remove counter party risk, making it inferior to metals regardless of these other problems.
Once you extrapolate everything to the endgame, bitcoin doesn't actually have a single fundamental going for it whatsoever, which is why morons claiming it's better than metals are just scammers.
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Did anyone see the Fox Jews story on yesterday where they were trying to float the idea of replacing the social security system with "blockchain"? They would then obviously roll that system up into a national ID system with all your transactions tied to it and you'd have your dystopian, digital slave currency future. There is absolutely nothing good that will come out of craptocurrency in the end game. All roads lead to it being nothing more than tools for bankers to try and enslave people.
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Indeed. And that is a good thing. We had discussed in great detail why gold is a barbaric relic whose time is coming to an end.
Some old guys still take Bitcoin profits into gold or silver, but the younger (and even GenX) guys realize gold is dying.
You are fighting against the laws of gravity if you believe metals will be displaced by craptocurrency. I'll take the Joseph Tainter position any day on this subject matter. When complex systems implode, they don't shift over to an even more complex system, they either go backwards in complexity or enter a full dark ages. Complexity is not inherently good, it's a liability. Another crux of the Joseph Tainter argument when extrapolated to it's end point is that overspecialization is essentially a Fermi Paradox-style extinction level event. The invisible hand of nature will force chaos and implosions at random intervals to prevent this. The world doesn't want "total order" as you always reference the term as being bad/an impossibility. Metals always survive these random interval re-orgs of nature because they are very basic elements and almost indestructable; craptocurrency does not. Not to mention craptocurrency being a far inferior settlement system with no reason to even exist due to not removing counter party risk and having built-in rent seeking middlemen (transaction validators - so called "miners"). Humans are not going into some type of permanent "knowledge age" as you seem to think. Cyclical dark ages are kind of inevitable in the grand scheme of nature's design just like economic cycles. If you actually did attempt to engineer some type of overspecialized "knowledge age", it would just make the coming cyclical dark age all the more severe and possibly lead to extinction. Exactly we dont go back. Gold is a thing of the past. We already got past it with rate targeting fiat. Not thats replaced with crypto. Only fools cannot see that and keep trying to spit out flatout lies that gold somehow acts as a better medium of exchange even though its not even any more fungible than bitcoin. Flatout lying fools I tell ya! Hows that $600 btc sell into gold feeling right now.by the way? Coulda.shoulda woulda listened to me but nope. Your argument against metals is entirely based around the fact that you used to own a lot of metals and then gave up on them before the generational cash-in moment came. To have an unbiased view, you have to own both metals and craptocurrency at the same time, and anyone who does own both tends to look at craptocurrency as a wretched thing that you feel like you need to ditch for more metals. |
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I hope the CoreCoin drop will be worth something. A slightly inferior coin with 1 miner controlling 80% of the hashing power doesn't sound too tasty.
Don't you have some altcrash forum to troll in? He's technically correct in a sense. The end game of bitcoin was ALWAYS going to be nothing more than one giant, continuous, rough consensus attack and then the state eventually steps in and declares that you're required to use some specific chain they hand tailor to screw you. As for bitcoin vs metals, this is the macro for why history will eventually flush all the bitfools and iRetards down the toilet: Indeed. And that is a good thing. We had discussed in great detail why gold is a barbaric relic whose time is coming to an end.
Some old guys still take Bitcoin profits into gold or silver, but the younger (and even GenX) guys realize gold is dying.
You are fighting against the laws of gravity if you believe metals will be displaced by craptocurrency. I'll take the Joseph Tainter position any day on this subject matter. When complex systems implode, they don't shift over to an even more complex system, they either go backwards in complexity or enter a full dark ages. Complexity is not inherently good, it's a liability. Another crux of the Joseph Tainter argument when extrapolated to it's end point is that overspecialization is essentially a Fermi Paradox-style extinction level event. The invisible hand of nature will force chaos and implosions at random intervals to prevent this. The world doesn't want "total order" as you always reference the term as being bad/an impossibility. Metals always survive these random interval re-orgs of nature because they are very basic elements and almost indestructable; craptocurrency does not. Not to mention craptocurrency being a far inferior settlement system with no reason to even exist due to not removing counter party risk and having built-in rent seeking middlemen (transaction validators - so called "miners". An incorrect term that should really just be "middlemen"). |
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Indeed. And that is a good thing. We had discussed in great detail why gold is a barbaric relic whose time is coming to an end.
Some old guys still take Bitcoin profits into gold or silver, but the younger (and even GenX) guys realize gold is dying.
You are fighting against the laws of gravity if you believe metals will be displaced by craptocurrency. I'll take the Joseph Tainter position any day on this subject matter. When complex systems implode, they don't shift over to an even more complex system, they either go backwards in complexity or enter a full dark ages. Complexity is not inherently good, it's a liability. Another crux of the Joseph Tainter argument when extrapolated to it's end point is that overspecialization is essentially a Fermi Paradox-style extinction level event. The invisible hand of nature will force chaos and implosions at random intervals to prevent this. The world doesn't want "total order" as you always reference the term as being bad/an impossibility. Metals always survive these random interval re-orgs of nature because they are very basic elements and almost indestructable; craptocurrency does not. Not to mention craptocurrency being a far inferior settlement system with no reason to even exist due to not removing counter party risk and having built-in rent seeking middlemen (transaction validators - so called "miners"). Humans are not going into some type of permanent "knowledge age" as you seem to think. Cyclical dark ages are kind of inevitable in the grand scheme of nature's design just like economic cycles. If you actually did attempt to engineer some type of overspecialized "knowledge age", it would just make the coming cyclical dark age all the more severe and possibly lead to extinction. |
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Your picture seems to have overlooked the fact that "cybermoney" uses the state's infrastructure (internet and other facilities) with non-obfuscated traffic, centralized transaction validators (miners) that the state can easily take over or attack, and centralized exchanges. There is also the fact that blockchains don't scale to be anything more than a settlement network which is not used for daily commerce by citizens (a centralized one at that, no different than things like SWIFT that already exist). There is also the fact that it requires orders of magnitude fewer resources to wage a police state on the digital world than the physical one, so no matter what angle you look at this from, if anyone was trying to defeat the state, they would not be doing anything digital or craptocurrency related. Using anything digital is falling right into their hands - a domain they can actually afford to run a police state in. The real future of freedom and wealth is located in the physical world with physical commodity based money (silver and gold) - a domain where you can just ignore anything the state says because they can't afford to run a police state over every km^2 of earth. |
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In case anyone wondered from my previous reply to Searing, that post was not an endorsement of Bitcoin. Why bitcoin is garbage and only physical, commodity currency (aka things like silver and gold) are permissionless and money: Agreed we strive to understand how to live in harmony and not just destroy each other, but putting ideologues in charge with their aliasing error as follows meaning we get Frankenstein horrific outcomes
I would say anyone who supports bitcoin or anything blockchain related falls into that category. For instance, bitcon transactions are not blinded and the system has built-in middlemen (transaction validators/miners). If I have a gold or silver coin on my table, I'm not required to ask anyone permission or pay anyone extortion fees in order to be able to spend or trade with it. Bitcon is the exact opposite. In order to be able to do anything with a bitcon (since transactions aren't blinded), I'm not only required to ask permission to a centralized transaction validator, but also required to pay extortion fees to them (which they can artificially raise to the moon) to do anything with it. For the religious nuts who keep posting in this thread (Coincube), Jesus is essentially defining forced taxation by the state as extortion and theft - paying tribute to a false god (Caesar). So if bitcon is not only a permissioned system (from transactions not being blinded and transaction validators being designed to centralize), but also has a taxation and extortion system built-in, then you should probably not be using it. |
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Agreed we strive to understand how to live in harmony and not just destroy each other, but putting ideologues in charge with their aliasing error as follows meaning we get Frankenstein horrific outcomes
I would say anyone who supports bitcoin or anything blockchain related falls into that category. For instance, bitcon transactions are not blinded and the system has built-in middlemen (transaction validators/miners). If I have a gold or silver coin on my table, I'm not required to ask anyone permission or pay anyone extortion fees in order to be able to spend or trade with it. Bitcon is the exact opposite. In order to be able to do anything with a bitcon (since transactions aren't blinded), I'm not only required to ask permission to a centralized transaction validator, but also required to pay extortion fees to them (which they can artificially raise to the moon) to do anything with it. Taxation is a similar issue in the area of theft/extortion: For the religious nuts who keep posting in this thread (Coincube), Jesus is essentially defining forced taxation by the state as extortion and theft - paying tribute to a false god (Caesar). So if bitcon is not only a permissioned system (from transactions not being blinded and transaction validators being designed to centralize), but also has a taxation and extortion system built-in, then you should probably not be using it. |
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Be careful : Hacked database of passwords of all usernames is used to change your profile (and so, your password) without email notification (and so, your email linked to your profile). Please change immediately your password with one that Bitcointalk don't have seen since ... 2014. Please change email password if 1 of the password have been seen per Bitcointalk in your profile. https://bitcointalk.org/index.php?topic=2272567.0 Oh sh***. Thanks for the heads up, Meuh. It seems legendary accounts are the most heavily targeted. I just changed my password - but I don't get it: is it that some cracker gang got hold of an old passwd database, or are they simply able to get new versions whenever they feel like it? Yep, my acct and a few other people's acct were targeted first... |
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Oh, and this hoard in question is all profit.
Did you cite to Jamie Dimon why you aren't required to pay any tax/extortion to the Pharisee/Ashkenazi fake Jews at the fed from the profit? http://www.quora.com/What-did-Jesus-mean-when-he-said-Render-unto-Caesar-the-things-which-are-Caesars-and-unto-God-the-things-that-are-Gods"The governor was Pilate, who was also procurator, responsible to Rome for the collection of "Caesar's tax" in Judea. The chief priests who sent the spies were confident Jesus would condemn Caesar's tax, for taxation is identical to extortion and a violation of the Commandment of God, "Thou shall not steal?" The Commandment does not exempt the State nor its tax collectors from its unequivocal prohibition." |
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Gold and silver is money for people that want this world to be like Dungeons and Dragons.
Money has to have some type of attachment to the real world. You can't print your way to prosperity, so to speak (aka bitcoin). If you have no link existing between money and reality, someone or some entity will eventually distort the market for personal profit into huge boom and collapse waves (which are now not just financial crimes, but things resembling dark ages or extinction level events). In the modern context, most of that is due to expansion of credit. If you were to play god and mandate all money be based around bitcoin, well, bitcoin will never have scalability for everyone to use in native format; people would be using bitcoin derivatives or off-chain shell games. This means no real possible run on the banks, they would just turn fractional reserve and you would get your dark ages collapse eventually. If you were to mandate all money can only be physical metals used in native coin format, this means banks run an extreme risk of having a run on them. This is actually a good thing, because a run (or possible run) on the banks is the only thing that prevents them from distorting markets with credit inflation and deflation. It provides a governer to limit what order of magnitude fraud they can do. |
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300. And also citations needed.
I have not personally sorted through the entire (astronomical) list of countries the evil Jewish conmen have been kicked from to determine which entries are duplicates or not. The fact that generally nobody...I mean NOBODY wants to live in a black neighborhood, even other black people, yet blacks are rarely ever kicked out of countries while the Jews are always kicked out, really tells you these people are constantly up to some diabolical, evil shit. |
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