I'm glad you found the global link  I knew about it ten days before it happened, but couldn't say so. As to the rest, especially your last lines, it bugs the hell out of me how complacent people are. I am a history buff, and I frankly did not believe the stories of how Germans in the late '30s simply did not notice what the Nazi's were doing. Now I do. I see it all around me. The United States has become a rather open police state in my adult lifetime. I am 46, and the country I was born in no longer exists. It's disgusting, frightening, and seems unstoppable. This is not the world I want for my children. I think the Crypto movement is a good mitigation, but I don't think it fast enough to turn things around. However, it will be a structure in place for those who have to pick up the pieces when the house of cards falls down. The world is frankly too interconnected and complex to go back to a pure gold standard. But cryptos are close enough to work. Hi Biomech, thanks for getting back to this I agree with you mostly, except I think money is the problem not the answer, I will try to get back to it at some point but I wounder if somebody might slam us for going just a bit off topic, anyway thanks again and I am trying find out more about your employers. All the best. It's relevant, and if Thundertoe has a problem, he'll tell me Could you elaborate as to what you mean about money being the problem? As an anarcho-capitalist, I have a bit of a kneejerk reaction to that statement, but since I don't know what you mean, I'm assuming it's a false reaction I don't know if I can explain what I mean well to be honest and try to avoid it when possible, at some point in my life about 30 years ago I realized through having a conversation with somebody about banks, that the banks control everything and if they do then our reality is false, money changes everything and is a false reality. The money system is wholly built on confidence, as we know it has no value, only the confidence that others and ourselves put into it, so what the fuck are we doing here? We are systematically devouring all of our resources in order to create money to sustain our lives so we can buy endless amounts of unnecessary goods that are made to fail so we can buy more and keep the money go round going for what? They call that economy and really need to take a good look at what the word economy actually means, careful management, mountains of waste does not constitute careful management to me. Cyclical consumption and endless waste does not constitute any kind of careful management to me, and the economy is not only about money but money is the only thing that is being carefully managed. Almost everything that humans do in the workplace can be automated with task orientated robots and we are more than capable of building such things, if we stopped competing with each other and worked together against the real foe which is nature and focused our attentions on getting to a harmony with it as means of improving the situation for everything we would be so much better off. You have got something I want, you must have because why am I bothering with you and the same can be said of you, why bother asking questions, are we not bartering in some kind of knowledge trade off, without conflict or competition, with no money involved. So why do we bother with money when we can barter, is it because it is more difficult to barter, I don't think it is, not at this stage of human technological development. The world is capable of providing all the basic ingredients needed to sustain human life for the population of the whole world and we are capable of harnessing it for free for many years to come but we are not doing it, what the fucks going on there, why aren't we doing it? Is it because some plonker wants to be king of the castle, because some bastard wants to corner the market on power, is that really sane thinking, aren't there hundreds of people like that locked up for the safety of themselves and others? The only real drawback is money, it changes everything. We are more than capable of managing everything to a finite degree of efficiency that could be universal to everybody for free yet we don't because we either don't really live in a reality or as a species we are insane. The human race is capable of redesigning everything so that machines do all the work if we put our minds to it, this would leave us to expand the realms of our creativity which is the essence of the universe to create, recreate, reconfigure and expand, at one with nature like gods, creators in the engine of creation. Instead I have to live on the planet doom with a load of twat's hell bent on destruction. It could be that the banks don't really create housing bubbles because there is more money in it, perhaps they don't really starve industry of finance because it doesn't make as much money as houses, it could be because they know that really we don't need money at all, industry can and will be replaced by machines so if they starve industry of money that process gets slowed down and just keeps this false reality going, because they are stuck in it too and fearful of the unknown. You must have realized years ago that industry will eat it's self, machines will replace human beings in the workplace because they are more efficient and economical, you only need to look at military automation to know the working game is over and perhaps it's just being held back because people don't really know what to do about it because it's based on a false reality called money and we just steped out of known history into the unknown. Anyway watch the video below it will explaine things far better than I can. https://www.youtube.com/watch?v=0SuGRgdJA_cNow I'm the one with no time  Good post, and I mostly agree. I'll get back to you with more when I have a bit more time. Cheers. |
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I'm glad you found the global link I knew about it ten days before it happened, but couldn't say so. As to the rest, especially your last lines, it bugs the hell out of me how complacent people are. I am a history buff, and I frankly did not believe the stories of how Germans in the late '30s simply did not notice what the Nazi's were doing. Now I do. I see it all around me. The United States has become a rather open police state in my adult lifetime. I am 46, and the country I was born in no longer exists. It's disgusting, frightening, and seems unstoppable. This is not the world I want for my children. I think the Crypto movement is a good mitigation, but I don't think it fast enough to turn things around. However, it will be a structure in place for those who have to pick up the pieces when the house of cards falls down. The world is frankly too interconnected and complex to go back to a pure gold standard. But cryptos are close enough to work. Hi Biomech, thanks for getting back to this I agree with you mostly, except I think money is the problem not the answer, I will try to get back to it at some point but I wounder if somebody might slam us for going just a bit off topic, anyway thanks again and I am trying find out more about your employers. All the best. It's relevant, and if Thundertoe has a problem, he'll tell me Could you elaborate as to what you mean about money being the problem? As an anarcho-capitalist, I have a bit of a kneejerk reaction to that statement, but since I don't know what you mean, I'm assuming it's a false reaction |
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How to build a formula to put long term investment value onto a coin? Elaborate. I see a lot of posts for different coins that I watch that say something like "this coin is really worth $5 each, but it is only trading at $0.75 each, such a good deal", or things like that. I just have seen someone do it in this SapienceCoin thread. I asked the same question there. I am interesting in economics of crypto currency and investments in it. And is there any way to give a formula method of its value? Or is it all about looking at a chart and say "oh this is lower than one month ago"? Does this make more sense now? Nice to see the same old jibber jabber on this coin. This coin went from $850k at peak to around $60k now. Rather than fudding the price of it and worrying about sub penny ante players, let it slowly drift into the altcoin heap or do something to regenerate interest in the coin. In regards to StudyEconomics' question, which I had no idea was originally on HYP when he asked about the same on XAI/Sapience AIFX, it is downright pathetic this coin didn't crash above Novacoin. Heck even scammy MMXIV is wiping the floor with HYP. My flawed calculation of the coin was that it could become a social/tipping coin (HYP it up). Then again, I was the only one who thought this since for everyone else it was an experiment/toy. To anyone who saw that the community would never do anything to move this coin outside of the usual altcoin heap and dumped into oblivion, well played. You're smarter than me. And before anyone asks/whines, no I didn't make anything off this coin since I stupidly had more faith in it than it seems anyone else did. Hell, I even caught almost 10 BTC of it at 2k sat when BALLS came out and people were ready to rage dump to go on to the next thing. In hindsight, selling at 1.5k down to 500 sat at a loss was smart since you can pretty much grab whatever you want now at 200-300 sat. And forget about selling for stake, since they are tens if not hundreds of others doing the same thing. Anyway, hope you all have fun with my comments. I know you HYPsters will  I do believe I said I would be ecstatic if it settled above 500 sats, back when it first launched. I actually expected the level it's at, though I had hoped it would be a bit down the line. This is going to be the case with a highly inflationary coin, even as carefully crafted as this. As for selling stake, I'm doing it, a bit at a time, and making a profit. Not a huge one, a few pennies if we're to be realistic. But a few pennies to the positive for having my computer on all the time (which it would be anyway) is not a bad deal. Next steps remain getting more widespread adoption, particularly merchants for goods and services. HYP has the same problem as most alts, it's not useful for anything BUT trade to BTC. This isn't a mechanical or programming issue, the coin works as intended and well. It's a perception and marketing issue. Unfortunately, I have no solid ideas on how to change it, though I have some amorphous ideas. That being said, jumping from coin to coin to coin in the hopes of "catching the peak" and getting rich is a fool's game. Cryptos are relatively easy to make now that the framework is well in place, open source, and heavily tested. I'm not a programmer to any great extent. In fact, 90 percent of what I know about the technical side of crypto I have learned since HYP's launch. But, with Presstab's able and sometimes pointed assistance, I have reached the point where I could clone a coin and modify it's specs. I may even do it, for fun and with caveats that it shouldn't be used for anything serious. That being said, my long term strategy is to pick a few I believe have merit, and try to promote them in such a way as to BREAK the <insert coin>/BTC pairing and make the coin useful in it's own right, not simply a vehicle to get BTC. I frankly do not think that BTC is all that. It's the first one, and it started a growing revolution, but from a useability standpoint, it sucks. We HAVE done better on the technical side, many times over. What's lacking is the long term vision, the marketing, the PUSH to get it mainstream. Whether or not you LIKE the morons that compose the vast majority of society, they are the ones we have to reach if we're to be successful. Joe Sixpack resists change until it runs him over. We got to be that truck, or it will not happen. I think HYP is well positioned, along with TEK, HBN, and NVC, as a reserve currency for the average person. But it's position is not solid nor well laid out yet. It's quite likely to be useful as both a savings and small transaction vehicle, since it's fast, works well, and has a high reward for holding. It has an advantage there over TEK in that the period is short enough for the impatient to see a return, and long enough to keep the impatient from being totally stupid all the time. The four I chose were personal choices for personal reasons. But I do believe they have merit. To me, the entire rest of the altcoin world is a dalliance. This doesn't make it true, there are some serious people involved, and I'm flexible enough to change my mind if need be. But if you are solely in it for the short run or quick profits, chase the newest thing and get out quick. If you're trying to build something for the future, fuck the price. it will find it's equilibrium in the market as all things do. Is HYP undervalued? At this point in time, I would say no. When it hit 8K it was in my opinion (stated at the time) overvalued. I sold some of my stake at that time and made a tidy profit, but it had ZERO effect on my long term strategy. Now that it's trading around 200? I still sell a bit from time to time for profit and to purchase my other coins, but it again has ZERO effect on my long term strategy. Full steam ahead eventually brings you to a wall that you can't avoid. Slow, steady, and unemotional will get you a lot farther. EDIT: Slight modification of two sentences due to original lack of caffeine. Oops. |
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As for "I'm working on the first part": I work under a rather restrictive NDA, but go here: www.incryptex.com There will be a lot more information forthcoming in the near future. Without permission, I can't say much more than that. But we're all crypto believers, and we have the backing to make things happen. But with the failures and just plain sloppiness that abound in the crypto world, we're being very, VERY careful to get it right the first time. Thanks for the info, NDA, sadly nessesary.  Global Equity Partners Plc. Will Assist Incryptex With Pre-IPO Funding Amounting to $32 Million.
Yeah, that's part of it. As a matter of technical truth, Bitcoin and alts settle and are finalized in minutes to hours, whereas fiat monies generally take seven to fourteen days. But your Joe don't know that, because his VISA works right now (apparently, if not in reality). Alts (and bitcoin) need that level of interactivity in order to get widespread general adoption. And yes, I realize that this means you will have to trust certain parties to some extent to handle your transactions. Banks are not in and of themselves egregious, but the modern banking system is built on a house of cards with a foundation of air backed by the full faith and credit of known liars. A banking system using bitcoin or alts or some combination thereof would not be able to use fractional reserves without being caught out nearly instantly, and could be rather seriously held to account if they tried. These are some of the things that need to happen in order for cryptos to get out of the hands of the enthusiast and into the hands of Joe Sixpack. Without some sort of instant settlements system like VISA, the average guy is not going to be able to go to Starbucks and get a latte. Until that is available, it will remain more abstract and fail to gain traction. BTC is making moves in this direction already, but the alt community, for the most part, is happy with trading solely for bitcoin, which then gets traded for fiat, goods and services, etc. BTC has built a fairly good beginning economy. Alts have not. This has less to do with technical issues than it does with the attitudes of the communities involved. BTC has the first mover advantage, and most alt traders see alt coins as simply a vehicle to gain BTC. So long as that remains the case, the coins will always be "also ran" even though on merit, a great many alts beat the living fuck out of Bitcoin.
I won't argue with that, in fact I can't, sooo right. I live in the US, unfortunately, and I'm watching it turn into the Fourth Reich with a growing feeling of helplessness.
I can see that all the way from the UK, it's very worrying because they know more than we do, which means ultimately they are preparing for the shit to hit the fan and consolidating their own protection from it. I also see the UK creeping up the fascist league and the general Joe Sixpack population on the whole not even interested in what is really going on, instead getting all soaped up on misery jive. I'm glad you found the global link I knew about it ten days before it happened, but couldn't say so. As to the rest, especially your last lines, it bugs the hell out of me how complacent people are. I am a history buff, and I frankly did not believe the stories of how Germans in the late '30s simply did not notice what the Nazi's were doing. Now I do. I see it all around me. The United States has become a rather open police state in my adult lifetime. I am 46, and the country I was born in no longer exists. It's disgusting, frightening, and seems unstoppable. This is not the world I want for my children. I think the Crypto movement is a good mitigation, but I don't think it fast enough to turn things around. However, it will be a structure in place for those who have to pick up the pieces when the house of cards falls down. The world is frankly too interconnected and complex to go back to a pure gold standard. But cryptos are close enough to work. |
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it's the second oldest profession. of course they are here. it's foolish to suppose they aren't
I find it interesting how receptive this community is to these ideas. Not one person has come forward yet to call me a kook for even asking the question. Maybe some of us believe bitcoin (its mankind paradigm shift ideal, not just BTCBTCBTCBTC) is the greater good for the future, no matter our political and religious views, now. Most of us have very passionate debates about a lot of stuff. If they come after us because of our speech then it is over, not just for this forum... You forget one thing: the tool you are using to post on this forum might already be compromised. Remember to talk and speak here the way you would in normal life and you should be fine, perhaps Agreed. I think everyone adopts a mask to some extent in public interaction, via fora or in real life, but it don't have to be much of one. Y'all of course can only see the dimension a person presents on here, but I try to be who I am to the extent possible in text |
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I can't recall who famously said it, but it holds true. If you aren't paranoid, you're not paying attention. The idea of a government by, of, and for the people is a noble sentiment. It's also a contradiction of reality, as rulers are never held accountable by the ruled in any meainingful manner until a revolution washes them away... and then some of them usually manage to grab the rei(g)ns again to continue looting and pillaging in a systematic and careful manner, learning where the last group crossed the line too far. And they have the same tools we do, the nets, surveillance, intel/counterintel, and a whole lot of immunity granted under color of law to go with it.
If I can't control my paranoia and blow somebody's head off, I get charged with murder. If a cop does it, he gets two weeks vacation, coddlinggrief counseling, and a hero's welcome by gullible sheep who deserve to be sheared. The net has shown a spotlight on this, and people STILL don't get it.
But they will, sooner or later. No empire has ever failed to devour itself. It's the nature of the beast.
Preaching to the choir brother. I'm an anarchist myself. I had assumed as much But debate is as much for the audience as the participants if the goal is finding truth. I'll catch up later. Had a very long day and I fear I'll stop making any sense if I keep typing |
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it's the second oldest profession. of course they are here. it's foolish to suppose they aren't
I find it interesting how receptive this community is to these ideas. Not one person has come forward yet to call me a kook for even asking the question. I can't recall who famously said it, but it holds true. If you aren't paranoid, you're not paying attention. The idea of a government by, of, and for the people is a noble sentiment. It's also a contradiction of reality, as rulers are never held accountable by the ruled in any meainingful manner until a revolution washes them away... and then some of them usually manage to grab the rei(g)ns again to continue looting and pillaging in a systematic and careful manner, learning where the last group crossed the line too far. And they have the same tools we do, the nets, surveillance, intel/counterintel, and a whole lot of immunity granted under color of law to go with it. If I can't control my paranoia and blow somebody's head off, I get charged with murder. If a cop does it, he gets two weeks vacation, coddlinggrief counseling, and a hero's welcome by gullible sheep who deserve to be sheared. The net has shown a spotlight on this, and people STILL don't get it. But they will, sooner or later. No empire has ever failed to devour itself. It's the nature of the beast. |
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I agree that TEK and other high POS coins are a fair hedge against fiat money, but I also think they need to be a) decoupled from bitcoin and b) given a great deal more public exposure. I'm working on the first part, but don't know what to do about the second Hi Biomech, if you can find the time could you please expand on this: "I also think they need to be a) decoupled from bitcoin". This too, "I'm working on the first part". Sure. Right now just about all alt coins trade against bitcoin, which bolsters bitcoin, but not really the coins themselves. They need more outlets, fiat, goods and services, even trade against other alts. Some headway has been made in a half-hearted way against a couple of alts, and almost none with regard to fiat. Easy interchangeability, whatever your political viewpoing, is an absolute necessity to the success of any currency, digital or otherwise, unless it's just among a small, select community. In that case, it has little utility. As for "I'm working on the first part": I work under a rather restrictive NDA, but go here: www.incryptex.com There will be a lot more information forthcoming in the near future. Without permission, I can't say much more than that. But we're all crypto believers, and we have the backing to make things happen. But with the failures and just plain sloppiness that abound in the crypto world, we're being very, VERY careful to get it right the first time.
The second part, part b) is about promotion, who is the target audience?
I think the ideal target audience is Joe Public but that is a very big audience and needs helpers, a plan, as well as money to make it work, but not impossible, there are ways to do both and self fund.
I think there is another issue that comes before the other two that you have identified perhaps.
Joe Public needs to be able to get his hands on coins easily, Joe Public it seems to me doesn't mind spending $10 or $20 on something so long as Joe can do it easily.
Figuring out how to buy BITcoin, then going through the process of buying it, then going through the process of building wallets, then going through the process of exchanging it for the coin of your choice, will just not cut it with Joe, he wants it all now, instantly, perhaps that is what you mean by "I also think they need to be a) decoupled from bitcoin"?
Um, I don't know?
Thanks.
Yeah, that's part of it. As a matter of technical truth, Bitcoin and alts settle and are finalized in minutes to hours, whereas fiat monies generally take seven to fourteen days. But your Joe don't know that, because his VISA works right now (apparently, if not in reality). Alts (and bitcoin) need that level of interactivity in order to get widespread general adoption. And yes, I realize that this means you will have to trust certain parties to some extent to handle your transactions. Banks are not in and of themselves egregious, but the modern banking system is built on a house of cards with a foundation of air backed by the full faith and credit of known liars. A banking system using bitcoin or alts or some combination thereof would not be able to use fractional reserves without being caught out nearly instantly, and could be rather seriously held to account if they tried. These are some of the things that need to happen in order for cryptos to get out of the hands of the enthusiast and into the hands of Joe Sixpack. Without some sort of instant settlements system like VISA, the average guy is not going to be able to go to Starbucks and get a latte. Until that is available, it will remain more abstract and fail to gain traction. BTC is making moves in this direction already, but the alt community, for the most part, is happy with trading solely for bitcoin, which then gets traded for fiat, goods and services, etc. BTC has built a fairly good beginning economy. Alts have not. This has less to do with technical issues than it does with the attitudes of the communities involved. BTC has the first mover advantage, and most alt traders see alt coins as simply a vehicle to gain BTC. So long as that remains the case, the coins will always be "also ran" even though on merit, a great many alts beat the living fuck out of Bitcoin. It is no accident that monetary policy is only vaguely alluded to in public schools in the US. I can't speak to other nations because I don't know. But the history I was taught in the 70's and 80's bears little resemblance to the actual history of the founding of the nation, and did not mention monetary policy AT ALL until they spoke of the great depression. And then they straight lied. We are spoonfed a version of history that makes the rulers look noble, if occasionally misguided. Fortunately for me, I am a naturally inquisitive person. Unfortunately, I was in my 3rd decade when I started to understand the pervasive nature of the ponzi scheme known as the federal reserve, and to learn that it was the proximate cause of the so-called business cycle. I agree that TEK and other high POS coins are a fair hedge against fiat money, but I also think they need to be a) decoupled from bitcoin and b) given a great deal more public exposure. I'm working on the first part, but don't know what to do about the second Glad to see there is like-mindedness here. I can only speak as a Canadian, and here our banks are revered, almost perversely worshipped as pillars of the economy because we survived the 2008 financial crisis largely unscathed. But it was much due to oil wealth and government back-stopping, contrary to the official line. This time will be different if the global recession we are entering is protracted and oil production remains unprofitable -- hubris has given us massive bubbles in real estate and personal debt. Deflation will absolutely slam us. However, very few expect this. A great humbling will come. But to stay on topic, I believe and have put money into cryptos like TEK for the reasons you state, a hedge against insane monetary policy. And it would be my wish that the growing communities of these coins band together and form an alt economy, as practical as that can be when we're all scattered across the globe. It could involve business partnerships, trade, investments, financing, angel funds, rewards, charity -- you name it. This might give coins like TEK needed utility, extra value and differentiate it from the others. Cheers. Have a look at what I said to dollux, because I suspect we're already on the same page for the most part. The company I work for is in Canada, and it's founders believe much as you do. I live in the US, unfortunately, and I'm watching it turn into the Fourth Reich with a growing feeling of helplessness. It is my goal to get my savings, such as it is, out of dollars, but right now it's simply impossible to do so with BTC. But if I could buy and trade with a basket of alts, such as TEK and HYP which grow in size if not value, then I think I would have a good hedge. |
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The creation of this thread was prompted by this comment https://bitcointalk.org/index.php?topic=12156.msg10307877#msg10307877I found it to be a very interesting read. I have personally never encountered anyone that I thought was a counterintelligence operative but I am open minded. If you know of someone who you believe is a counter intelligence operative, make your best case. Alternatively I'll leave this thread open to more general discussion on this topic. Turning on moderation just to have it as an option in case I decide later but I don't plan on using it.
Statistically, there is always a percentage of the forum posters who are more inclined to violence. In order to determine who these individuals are, it is a requirement to present a image to the forum to deliberately incite a strong psychological reaction. From this the most violent in the group can be effectively singled out for reverse IP location and possibly local enforcement tracking. To accomplish this only requires posting a link to a video depicting a local police officer massively abusing his power against a very innocent individual. Statistically of the million or so police officers in America there is always one or two being caught abusing there powers and the taping of the activity can be then used for intelligence gathering purposes - without the requirement to 'stage' a fake abuse video. This method is extremely effective, and the more so the more abusive the video can be made to look. Sometimes it is useful to 'lead' the forum by replying to your own posting with your own statement of violent intent, and that you 'do not care what the authorities think!!' inflammation. By doing this and showing no fear it may be more effective in getting the more silent and self-disciplined violent intent members of the forum to slip and post their real intentions. This can be used later in a court of law during prosecution.Wow! Professional baiting indeed Professional indeed, and rather sobering. I'm a guy who has many times linked such videos. I've even shot a few of them, and I am an avowed and open anarchist. I learned at a rather young age that the police do not protect and serve the public, but rather their masters. I am of the firm opinion that by putting on the uniform and swearing to those masters, they have ceded their right to be considered human in favor of the collective. This is a brilliant tactic, if true, because it makes the legitimate activist appear to be a plant, and how do you tell the difference? And to the gentleman who started this thread, yes, I agree that we're likely already on those lists... just not sure that it's a good idea to single anyone out. I prefer to cast a broad net and see what I catch But you are likely right. I imagine that anyone who does not connect by TOR or similar methods to this particular forum is already on such lists. |
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Yes agreed. If anybody is interested in the banking ponzi, scandal, scam, see the link below: http://www.positivemoney.org/how-money-works/how-banks-create-money/"The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in iniquity and born in sin. Bankers own the earth. Take it away from them, but leave the power to create money, and with the flick of a pen they will create enough money to buy it back again. Take this power away from them and all great fortunes like mine would disappear, and they ought to disappear, for then this would be a better and a happier world to live in. But if you want to continue to be the slaves of the banks and pay the cost of your own slavery, then let the bankers continue to create money and control credit" Sir Josiah Stamp, Director, Bank of England 1928-1941. They have been at it for a long time. "The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks." Lord Acton, (1834-1902). Great link. I used the term 'gospel' ironically because it really takes a leap of faith to believe in the current system, as there is nothing but blind trust backing it. For most people I talk with, it's the only thing that has ever been taught to them, the only system they know, so there is this inherent fear and distrust of alternatives. And it doesn't help that we are constantly bombarded propaganda by the media, governments, and the rich with vested interests. It does take a bold and inquisitive mind to question the status quo. More so to act against it. But every day, by no fault of their own, more and more people cross to the losing side of this system. This is the catalyst for change, the red-pill moment if you will, when people wake up and begin to question the system and who most benefits from it. We can only welcome them. It is no accident that monetary policy is only vaguely alluded to in public schools in the US. I can't speak to other nations because I don't know. But the history I was taught in the 70's and 80's bears little resemblance to the actual history of the founding of the nation, and did not mention monetary policy AT ALL until they spoke of the great depression. And then they straight lied. We are spoonfed a version of history that makes the rulers look noble, if occasionally misguided. Fortunately for me, I am a naturally inquisitive person. Unfortunately, I was in my 3rd decade when I started to understand the pervasive nature of the ponzi scheme known as the federal reserve, and to learn that it was the proximate cause of the so-called business cycle. I agree that TEK and other high POS coins are a fair hedge against fiat money, but I also think they need to be a) decoupled from bitcoin and b) given a great deal more public exposure. I'm working on the first part, but don't know what to do about the second |
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I was following this in the other thread, and figured I better pop in here.
There are people on many fora who I think might fit the profile. I agree, though, that accusing anyone is both pointless and possibly dangerous. If you're right, you wind up on a list somewhere that has three letters in it's name. If you're wrong, you get an innocent asshole on the list...
The problem is that the behaviours listed in that guide could just as easily apply to your garden variety internet troll. It's pretty easy to use logical fallacies to derail an argument. Spotting them, on the other hand, is not always so easy.
I would bet a fair amount of money, if I had it to bet, that this particular forum has a fair amount of government types monitoring it, whether actively participating in disinformation or not. Bitcoin and it's technological underpinnings are quite a threat to existing financial systems, and that in itself is enough to garner attention.
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Ok, so now what???
Wish I knew. The code works, and quite well, so probably the next step is some form of promotion. |
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Then OPEC must be carrying this illegal activity for several decades. And FED is the banking alliance to control and fix the price of the dollar for more than 100 years There are a lot of people that do think OPEC is illegal, and the US Congress has rumbled every once in awhile about declaring it so. The Fed example is silly, that is not companies in an open market colluding to fix prices. All the DRAM manufacturers could say "OPEC! The FED!" until they're blue in the face. It didn't stop them from getting hit with hundreds of millions in fines for price fixing. Actually, the FED is structured as 12 <ahem> PRIVATE banks. It is indeed price fixing in the closest to an open market there is outside of the "black" markets. It is probably the most protected monopoly in the world, currently, with the real, if not legal, power to tell it's supposed masters to get bent when they demand accountability. |
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Have you ever considered in forming an alliance like OPEC to limit the hash rate race? I just saw Bitfury said that their cloud service would only add hardware based on demand, is this a trend towards more cloud based service? It's funny to read it from mega self miner. No, it's illegal. How is that illegal?  It is just a consensus (if it ever can be reached). Even pools can be allied together to protect against a faulty fork in 2013, and against potential 51% attack if it ever happens Imagine a vendor that have leading semi-conductor process 10nm, he can limit his production scale at a certain level so that the network hash rate increase slowly. He then could start a cloud mining service and sell the hash power at market rate, which leaves him large margin to deal with market volatility. I think that is what Bitfury means In the USA there is an antitrust law preventing companies from joining together to set / fix prices and supply. Its to promote fair competition for the consumers. Except that in practice monopolies and cartels are the rule rather than the exception. Many are protected territorial monopolies,such as power companies, others just invested in America by buying senators and (potential) Presidents, such as the very obvious Health insurance cartels. Frankly, the "antitrust" laws are only ever invoked against companies that THREATEN protected monopolies. It's a really poor argument. |
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But banter aside, it appears they have not honored the vast majority of their contracts, and have half assed it on the rest.
Less than 5% of orders is yet to be delivered. If you have not received your order, please PM me your order number. Thankfully, I was too broke to get into this mess. But I have watched avidly, and frankly, sir, your word has been less than trustworthy. I'd need a LOT more proof before I change or even modify my opinion. In the time it took you to sort of begin shipping half working units, two generations of Asic equimpement came and went, Scrypt asics became commonplace, and your device became an expensive incendiary device boondoggle paperweight. The only way anyone will break even on your machines, assuming no exploding capacitors or other pyrotechnic events, is if they have access to free electricity. This is such a far cry from your bold promises when begging for our money as to constitute fraud in and of itself. But as I said, I was too poor to get in on it. So while I am disgusted and appalled by how you have behaved, I personally have no stake in it, nor any need for legal recourse. But companies that act in this manner are a blight on the world of commerce, and particularly damaging to the fledgling cryptocurrency movement. You should be ashamed. Were I in your shoes, I would live in a house with no mirrors, because I could not face that man. |
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There's a guy in another coin thread that says that that exchange stole his coins and has a history of doing it. I know people who are involved, and I find that highly unlikely. They are not a great exchange, but they're not scammers. Everyone gotta start somewhere. |
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A coin is not dead if there are new blocks being staked/mined. I haven't fired up my wallet in a while. Just did, and it's syncing without issue. I'd say it's not dead just yet |
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I was beginning to worry I'd been duped, but I just checked my tracking information again and my package is in Chicago! Its weird that my address never shows on the tracking info or that it doesn't show it getting scanned as it goes through customs. Maybe the cheap economy EMS shipping tracks the package less extensively? I don't know.  In any event, Chicago is only about a 3 hour drive away from me, so I imagine the package will be delivered to me today. Hang tight all interested onlookers, in only about 12 hours I should have the package and hopefully confirmation of OP's legitimacy. Why does it say "international letter"? I couldn't imagine a miner fitting into an envelope. Unless I am reading it wrong? Because English is not their first language. I've seen that before, it's just a classification. |
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I know this is kind of rheotorical, but I do try to leave accurate feedback and modify it if things change. I left the following negative feedback for blackarrow awhile ago. Have failed to deliver to most of their customers, delete any critical posts from a self-moderated thread, and refuse to deal with their issues. Blackarrrow recently left me negative feedback stating the following. blackarrow -12: -3 / +0(0) 2015-01-10 15.00000000 Accusations are false. We have honored our contract to all our customers. Would you the customers say blackarrow has honored their contracts with you? I frankly think you should petition the mods to remove BA's feedback. I've been on the wrong side of your ire a few times, and I can't say you were ever wrong. Dammit But banter aside, it appears they have not honored the vast majority of their contracts, and have half assed it on the rest. |
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I wrote this thing off right away and didnīt have any expectations at all. Was mighty pissed though but to be honest mostly at myself for buying this story and defending it and fighting those who warned against it. Didnīt contact the guy in any way, didnīt ask for anything. Still he suddenly paid me 0.666 BTC. Didnīt see that one coming. Maybe itīs my lucky number. As a matter of fact right after PBM blew up 66 coin had a 1000% runup which resulted in a small windfall for me since I had patiently amassed 3.36 coins out of like 40 outstanding. Maybe the guy was buying, who knows. Maybe I should start thinking well of him. It never hurts to help.
I call Bullsh*t with a capital B. So you claim that Iīm lying, right? That the guy didnīt send me .666 BTC last Sunday? I'm backing up Galdur because I was also sent an extra payment last Sunday ... Want to call be a liar too ? Itīs a very strange affair. Maybe he likes islands near opposite poles  NZ and Iceland. Baffling. Are you certain the payments came from Pbmining? Not trying to stir the pot, just very curious. I backed their play for quite a while (As gladur can attest to) and am feeling the egg on my face. It would be nice if Pbmining is actually trying to put things right. |
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