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generalizethis and TPTB
Excellent observation and comments re designer drugs and knowledge.
* * *
Now might be the time for me to observe that I cannot find this kind of thinking at any other forum I belong to (Zero Hedge and PMBug). High caliber thinking about world financial topics on a Bitcoin website. Bitcoin must have a "High IQ" set of users and fan base...
Many of us have convinced everybody we're geniuses. I assure you; this is a trick. We're just egotistical fools but we're very good at manipulating people. That's all. |
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Edit: We as a community are fighting for a mutual goal against a very well funded TPTB who control mass media and thus have annointed Bitcoin because they know they can control Bitcoin via its centralized mining and lack of anonymity. I posit we are wasting our resources by throwing our money into hardware and electricity when we could be using our resources to fund the developments for economies-of-scale needed to overcome.
Posted it again for reference, bolded it and red it out. I don't want to be misunderstood; I *FULLY* agree. The real question remains though; what happens when they (TPTB) notice? What's the countermeasures such an initiative should introduce to maintain its integrity; and most importantly, how could one rule out a (future) "chief software engineer" retaliate and alter a piece of code making a fork and dreadout the project together with the whole community? PS: Any resemblance to real persons, living or dead, is purely coincidental (or not). |
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One more sockpuppet for today; please update your lists. Hopefully he's got his ass kicked all the time by the mods... or he got bored.  Latest additions to The List as of 2015-08-16:ThurstonHowell
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ATM CryptoKingdom gold may make more sense than actual gold. VR worlds are on the rise as the physical world can't hide its costs in blood, sweat and tears. Some woman dangles a diamond in front of me and all I see is a CIA propped warlord, death squads and Nicholas Cage asking, "How do we arm the other 11?" Popular game currencies have threatened the State enough that overtly totalitarian States had to outlaw them: http://arstechnica.com/gaming/2009/06/china-outlaws-use-of-virtual-currency-for-real-world-items/And insidiously totalitarian States in the West have effectively outlawed them by forcing anyone who exchanges fiat for them to be registered money services businesses under the AML clauses in the asinine oxymoronically named Patriot Act. So yes I agree virtual game currencies have shown promise but so far they lacked resiliency against the State (anonymity, decentralized exchanges, decentralized consensus that can't become centralized, decentralized scaling, etc). IMHO, TPTB will always have the excuse to get their hands into the "next gen" tech of currency. Anonymity, decentralization etc can be achieved when -atleast- one of the cryptocurrencies you can buy/sell with the rest has those characteristics. -IF it's a free market, and that's a great IF- the people will always come around problems in order to get their job done. What will they have to face, in order to achieve it, is a whole different story... So, in any case, those ideas are not dead; and frankly they won't be dead when at least one person has the ability and will to do otherwise. It has happened before many times throughout history. I think, there's no reason at all for not happening again in cryptoworld. |
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Look what the cat dragged in! Satoshi resurfaced to fight the BitcoinXT fork!? That would've been very interesting indeed... I'd expect more from him (if he is the *real* one) though. For starters, I'd feel comfortable with some real interaction of his with the code instead of just pointing fingers. Secondly, I'd like to see a signed message from a BTC address that he owns. Third; wouldn't it be more dandy if he'd contacted Gavin in person to express his feelings?
I think this is fake.
PS:
FWIW, I believe that the small dump has nothing to do with this.
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My final spam of this thread on this semi-OT. I know some here wanted me to do this:
I did. Well done sir. Hope everything goes according to your plan and I'll be one of your supporters if what you say really works. Cheers. |
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After the proposition of LaudaM, I've added meono. Thanks for the help. Latest additions to The List as of 2015-08-14:meono
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Many expect a dump from Finex on 15th and from speculators anticipating a possible dump. So probably a certain amount of coins WILL be dumped.
But if this is not a big amount, I expect a big move upwards...
From Monday forth, the Gemini news should start floating the space. IMHO, this is a significant enough factor for the price to go North. TBH, I expected it within the weekend, but traditionally BTC does nothing on weekends, so... |
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macsga
That is a very interesting article, I recommend it to anyone interested in debt defaults.
Reinhart & Rogoff wrote a book (This Time is Different) on defaults over the last 800 years, IIRC they say much the same: that many defaults occur in clusters. The book is just about an encyclopedia on sovereign defaults... Highly recommended!
Thanks for the heads up! To be honest, I've heard about it from another friend, but never got the chance to read it. I'll look for it ASAP. BTW: Today's the vote from the Greek parliament for Memorandum III. The IMF refuses to give more money if the debt doesn't get a haircut (they declared it multiple times now). News has it that there will be a deep schism between the SYRIZA party since most of the far left wing will vote against it (rumors claim that Yanis Varoufakis will also be against). My guess is that we're heading for new elections within September.  |
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The most significant article I've read the last couple of days comes from Graciela Kaminsky on http://ineteconomics.org/. More or less she states that the last 150 years there were about 67 bankruptcies of countries. One third of them had something in common. They happened TOGETHER! Correlating the 1990s crisis with this one is totally bogus, since the two periods are completely dissimilar. We cannot compare the Euro crisis to the crises in the 1990s in Asia, Latin America, Russia, and Turkey. The Euro crisis erupted in the aftermath of the financial panic in the United States in 2008, with international capital markets collapsing and the world economy coming to a standstill. In contrast, the crises of the 1990s erupted in the midst of highly liquid international capital markets with a healthy financial center and a growing world economy, with vulnerabilities only present in the crisis countries. Crises triggered by a meltdown in the financial center are different, but, what are the characteristics of these crises? And how do they differ from crises erupting from just home-grown problems? TL;DR: Greece is only the tip of the iceberg. More countries are going down the drain soon. She also has a paper called “Systemic and Idiosyncratic Sovereign Debt Crises,” - you can find it here. Complete article: http://ineteconomics.org/ideas-papers/blog/is-it-just-a-greek-problem |
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One more for today, please update. Latest additions to The List as of 2015-08-13:617chpudd1n9
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Has an arrest even been confirmed? Anyone see docs from Japanese police?
I don't think this is a fake arrest. It was all over the news everywhere. In any case he's a person of interest for quite too many people around the world and I don't think he'll get out of this without a trial. The question up until now was the opposite: "Why he was not in jail all this time"... |
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Its a tough job to maintain a list like this. I am thinking of a feature where people can share their ignore lists along with a reason (similar to trust).
Would be a really great addition.
Thanks for the nice words. If you want to help, I'd really appreciate it. In the meanwhile we have more for today. Please update your lists. Latest additions to The List as of 2015-08-12:superslug
oCWLAJ
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I find it very hard to take any precious metal dealer's blog very seriously. Regardless of the cause, he states some pretty solid stuff in there. He's definitely on an agenda of his own, but still... |
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I think someone should start a "The Mark got arrested thread". I am not that motivated to do it myself but will definitely follow it.
Is there one already?
I don't think there's any more news regarding his arrest. Do you have anything on this apart from what's already posted here? IMHO, splitting a thread won't serve anything when there's no significant information to present. Just my 20c. |
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2015.75 baby! Right on time, here comes the acceleration.
Anyone still doubting MA's model.
Well, we're certainly on track for the SHTF situation we've all expected for. To what extend, is certainly something we'd be better know sooner than later. Voices are yelling for the same thing though; it's not only MA anymore: THE UPCOMING, CATACLYSMIC, FINANCIAL BIG BANG TO END ALL BIG BANGSNo, America won’t disappear. However, it’s once global dominance will disappear in all but a handful of niche areas. Which sounds not so bad, until one realizes its power stems largely from said “reserve currency”; and more importantly, the rest of the world’s five decade willingness to finance it. In other words, 21st century Americans are living further above their means than any other people ever have – at a time when its finances, economic outlook, and political leadership have never been worse. Which is why, undoubtedly, the “transition” from global dominance to mere ordinariness will be extremely painful – political, socially, and economically. As for “King Dollar” – which in currency terms, trades at the equivalent valuation of a $100,000 hybrid automobile amidst plunging energy prices – all we can say is this. Holding dollars instead of Precious Metals at prices well below their respective costs of production – in a world where Federal Reserve money printing is going parabolic (heck, even Bloomberg admits it) – can only be described as financial suicide.
[..]
In Europe, where the days of the unified Euro are counting down like a rocket at Cape Canaveral, we’re now told – seemingly, out of the blue – that not only will Greek “bailout #3” be completed in time to meet its August 20th €3.2 billion cash call from the ECB, but should be done by tomorrow – in roughly the $96 billion amount discussed since Alexis Tsipras betrayed Greece by ignoring the people’s decisive “OXI” vote. Which, by the way, will cause Greece’s “published” debt/GDP ratio to surge from 175% to 200% – amidst an economy in all-out freefall; and its actual debt/GDP ratio, considering its €300 billion of “off balance sheet” debt, to explode above 300% – making it the most highly indebted nation on the planet. Meanwhile, as Alexis Tsipras himself assures us such a deal is imminent, National Bank of Greece stock is trading near its all-time low; and paraphrasing the words of Finnish Finance Minister Timo Soini, who vehemently opposes said “bailout”, “we should admit this isn’t going to work.”
http://blog.milesfranklin.com/the-upcoming-cataclysmic-financial-big-bang-to-end-all-big-bangs |
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OTOH, Laplace's equations still remain, why not his "demon"? (I know he got it defied by science, but look it as a concept)
We're way better science-wise right now, but certain sacrosanct truths still remain (until proven wrong). Just my 20c.
It's just an extremely one-sided view of reality, one strain of many in philosophical discourse. If you think about it, any objective interpretation of the world can only be merely subjective as well. Ok, then you might say this is my subjective view of things. Indeed, if this line of deductive reasoning would be expressed in a language of formal logic, we would get an infinite regress. That's why there is no answer yet. To get more concrete, the opposite view of something like Laplace's demon goes back to Plato's cave. Modern variations would be the Brain in a vat, the Matrix metaphor, the Simulation argument, etc... Solipsism was already mentioned in this thread. But also in a more materialistic world view, when aligned with insights of more modern physics, you'll reach the conclusion that Laplace's demon is merely an obsolete representation of the age of Newton. When applying Einstein's theory of relativity, it doesn't seem to be a sufficient model anymore. As a thought experiment, try to imagine the universe from the perspective of a light ray. Further, without delving too much into false quantum mysticism, phenomenons like the observer effect or quantum entanglement remind me of a nature of reality that indeed seems to rather resemble a virtual world, i.e. particles don't really exist, but rather are rendered on-demand like in a 3D game. I'm not saying this is what the nature reality is, I'm just saying that for now this seems to be a better model. First things first; in order to have a common ground, we must agree to talk the same language. Theories and hypothesis could vary regarding the physis of reality, but none is adequate to completely describe it. This is what we Physicists call "the holy grail" of Science. The so called TOE (Theory of Everything). Whether we like it or not, certain facts point us to the inability of our knowledge (at least so far) to form such a TOE. This is not a bad thing. It means we have some time(space) left to explore our options. Another thing to look for is the fact we may see the whole situation completely from the wrong angle. Look at the paradigm of the light ray you've posted; could you explain it to a 5 year old child? Mandatory reading: http://www.askamathematician.com/2010/07/q-if-we-find-a-theory-of-everything-will-we-be-done/ |
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A new day, a new addition (or more...) Latest additions to The List as of 2015-08-11:Pullmyfinger
worriedme10
Please update your lists. |
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China Rattles Markets With Yuan Devaluation http://www.bloomberg.com/news/articles/2015-08-11/china-weakens-yuan-reference-rate-by-record-1-9-amid-slowdownChina devalued the yuan by the most in two decades, a move that rippled through global markets as policy makers stepped up efforts to support exporters and boost the role of market pricing in Asia’s largest economy.
The central bank cut its daily reference rate by 1.9 percent, triggering the yuan’s biggest one-day drop since China ended a dual-currency system in January 1994. The People’s Bank of China called the change a one-time adjustment and said its fixing will become more aligned with supply and demand.It seems they're trying to resolve their issues by devaluation. I doubt they will do them any good than just gaining some time towards the inevitable... |
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You're fucked.
I'd never figure this out if you didn't mention it...  Here's a nice joke for you: Once upon a time there was a dog and a donkey. They both wanted to get laid but no female was around. They agreed to have sex with each other. The first one to pretend he was the female, was the donkey. The dog climbed a rock and successfully accomplished his "task", right after that it was the donkey's turn. When he got his "thing" inside he asked the dog if he could move a bit, so that it would feel better for him. The dog replied: "If you pull back a bit, I might be able to move my head" So, to come back to your comment: That's a fact and won't change; we're talking if we have the ability to move our heads.  |
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