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741  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 17, 2015, 07:33:42 AM
Go on smoothie.  Go on evoorhees.  Fuck off to greener, censorship-free pastures where may you attempt to attack Bitcoin all you want.

Don't let me stop you.  You're free now...move into the light...   Cheesy

iCEBLOW throwing his weapons.  or, blowing his weapons.

or, in medical terms, engaging in "projectile vomiting".

You are also welcome to fuck to https://voat.co/v/bitcoinxt, where your XT junta will not be "suppressed" by moderators enforcing rules.

Why are you supporting theymos' "epitome of authoritarianism" and "censorship" by gracing his forum with your presence?

What are you so afraid of, that you agree with all this censorship ?

The pseudo libertarians unmask themselves in record time as soon as they see their livelihoods in jeopardy.
742  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 17, 2015, 07:16:57 AM
Unbelievable. Did anyone in this environment ever destroy himself even faster than that Thermos?

Sorry, I've lost count.  Which has been declared destroyed/dooomed/dead more times, Thermos or Bitcoin?

If you don't like Thermos, why don't you fuck off his forum and sub, and go some place more welcoming of contentious/hostile/malicious/parasitic hard forks?

I hear https://voat.co/v/bitcoinxt is nice this time of year.  It's not crowded either!   Grin

I just couldn't imagine how a former libertarian in this environment is able to destroy himself and his cheerleaders in such a short timespan.
743  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 16, 2015, 10:20:50 AM
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744  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 16, 2015, 10:05:26 AM
It feels to me like a major shift occurred today.  It was caused in part by Gavin and Mike completing the patch to support larger block sizes, but I think it was actually caused more so by a foolish move made on the battlefield-that-was-reddit today.  In an act of desperation, the mods at /r/bitcoin threw their swords.  

What do I mean by "throwing one's sword?"  I'll have to explain it with a story about my childhood…

...The town I grew up in (about an hour outside of Vancouver) seemed perfectly normal to me as a kid, but when I look back now, it was actually pretty rough.  It was home to hundreds of Hell's Angels and it served as a sort of distribution center in the drug trade.  

Anyways, there were lots of fights between groups of boys when I was growing up.  I was never really a part of it, but I was fascinated and paid attention to the dynamics of the process.  One strange behaviour I witnessed was that the last act of the losing faction of boys was always to throw their weapons.  It was such a stupid thing to do, because the baseball bat or hockey stick would rarely hit the intended target, and in the few times that it did, it would be travelling at such a reduced velocity that the impact imparted to the victim was superficial at best.  

And then the weaponless boys would get their butts kicked.

It turns out that this is a sort of a natural human reaction to severe stress.  As a last resort, we throw whatever we have left and hope for the best.  In the movies, it always works; in real life, the opposite is true.  

Of course the weapon of a mod is censorship.  Today was the day that the mods at /r/bitcoin threw their weapons.  

Unbelievable. Did anyone in this environment ever destroy himself even faster than that Thermos?
745  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 16, 2015, 08:49:03 AM
the only bloatcoiner smart enough to see this clearly is Mike Hearn, and that is exactly why he has put in the effort to make XT.  Classic controlled demolition.

Excellent (and blessedly succinct) argument by analogy.  "Hostile/malicious fork" descriptive power just doesn't have the same je ne sais quoi as "controlled demolition."

Does not convince many. Not here and not there.

https://bitcointalk.org/index.php?topic=1144606.60

Bitcoin is explicitly non-democratic.  Populism has no power here.

Yes, the populism of the 1MBers has no power, neither in the threads of the elite nor anywhere else. That's why the limit will be raised within the next 12 month.

The "populism of the 1MBers" is not your concern.

Your concern is the multi-year duration and multi-billion-dollar magnitude of Bitcoin's current economic majority.

Are you going to be the first brave fellow to defect from that imposing majority by accepting Gavin-tainted XTcoins?  No?  Then you are just a poser.

In the remote possiblity XT becomes a matter of more importance than the hype, mirth, and scorn it generates at present, MPex and other 1MBer Elder Whales are prepared to use substantial (possibly exhaustive) portions of their extraordinarily massive war chests to repel 8MBer attacks.  To them, this is Holy War, with barbarian Gavinista hordes clamouring for a Free Shit Junta at the gates of their bespoke civilization.  They are more of a mood to impale heads atop spikes than reward with compromise Hearn's attacks on decentralization, Tor, and the consensus process.

Are you still sure you want to risk your tiny stash playing Hard Fork Poker with such ultra-high-rollers?

Before you answer, please take into account that nodes by default prioritize tx moving older coins, and the Royalty of La Serenissima possesses, in great quantities, very old coins.

What will you do when the limit isn't raised within the next 12 months?  Continue to cry wolf?  Self harm? Or admit being wrong?   Wink

You know iCE, I also am concerned by the idea of a hostile fork, but reading your propaganda it just dawned on me that the only hostilities are coming from people like you. Everyone of any worth agrees we need to increase the block size, it's just there is a hostile minority who feel they are in power who are wanting to pick a fight.

Accommodating bigger blocks over a 12 month period given Bitcoin's exponential growth is not a hostile act, it's not rushing in a controversial change, it's a practical prudent approach.

You are part of the minority who are making it controversial and calling it hostile. I just don't see why you're opposed to letting Bitcoin grow free of manipulation and control.

Because "Monero doesn't suffer from the 1MB block limits."

https://moneroeconomy.com/faq/why-monero-matters
746  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 16, 2015, 08:36:09 AM
By the way, the point in time where a gold backed money becomes a fiat money, is when there is just a tad more paper than gold in the system than the people are comfortable with, and a run starts. The state proclaims that the been (ref example) is just as good as gold, and apply a law to support that illusion. The law is the fiat point.


We don't have fiat money. Money is backed by deposits and securities. You will not get a credit (which is money) without that.

We do have fiat money, but the extent of debt is so large that it seems that debt is the basis. It is not, it is the fiat paper, plus the electronic only fiat created in QE. Unredeemable and unbacked. The debt extends the quantum of money while it exist, and contracts the money when it is extingushed by being paid back or written off. So debt is also money, I agree with that, but it is not the base, it is an extension of the base quantum.


Fiat means 'out of nothing'. Money IS debt, and nothing different. It is not paper, and the debt is backed by deposits and securities. A bank creates money, as soon as you take a credit (backed by your deposit).

No, fiat means that the money manager states, through a law, that the paper money backed by gold, is just as good as gold, and it comes when the backing and therefore the redeemability is questioned by the market.

Anyway, my post here was to illustrate that bitcoins must be held directly with the public to the largest extent technically possible, to avoid that surrogates appear, and also galloping debt.

EDIT: (The real meaning of fiat after a while becomes nonsensical, when a gold mark is worth a million paper marks, no one believes in it, and they just forget that at some point, a paper mark was in fact worth a gold mark. So when the redeemability is removed, fiat is "out of nothing" as you say. But gold and bitcoin is also out of nothing. They are sound because there is no money manager).


Zimbabwe and Weimar printed paper out of nothing. This is overwhelmingly not the case in a property backed money environment. You have to deliver capital to the bank to get credit (money). That's the way how money is created and backed in a capitalist environment. Money (credit) was never fully linked with metal. Everything started with the first debt, which was the debt to the state/warlords, the tribute: grain, or metal for the Organized Violence to organize violence. There is no economy beyond an environment of organized violence. Beyond that environment is self-sufficiency. Anarcho capitalists dont understand that. Anarcho capitalism is an oxy moron.
747  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 15, 2015, 01:55:59 PM
By the way, the point in time where a gold backed money becomes a fiat money, is when there is just a tad more paper than gold in the system than the people are comfortable with, and a run starts. The state proclaims that the been (ref example) is just as good as gold, and apply a law to support that illusion. The law is the fiat point.


We don't have fiat money. Money is backed by deposits and securities. You will not get a credit (which is money) without that.

We do have fiat money, but the extent of debt is so large that it seems that debt is the basis. It is not, it is the fiat paper, plus the electronic only fiat created in QE. Unredeemable and unbacked. The debt extends the quantum of money while it exist, and contracts the money when it is extingushed by being paid back or written off. So debt is also money, I agree with that, but it is not the base, it is an extension of the base quantum.


Fiat means 'out of nothing'. Money IS debt, and nothing different. It is not paper, and the debt is backed by deposits and securities. A bank creates money, as soon as you take a credit (backed by your deposit).
748  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 15, 2015, 11:51:02 AM
the only bloatcoiner smart enough to see this clearly is Mike Hearn, and that is exactly why he has put in the effort to make XT.  Classic controlled demolition.

Excellent (and blessedly succinct) argument by analogy.  "Hostile/malicious fork" descriptive power just doesn't have the same je ne sais quoi as "controlled demolition."

Does not convince many. Not here and not there.

https://bitcointalk.org/index.php?topic=1144606.60

Bitcoin is explicitly non-democratic.  Populism has no power here.

Yes, the populism of the 1MBers has no power, neither in the threads of the elite nor anywhere else. That's why the limit will be raised within the next 12 month.


The "populism of the 1MBers" is not your concern.

Your concern is the multi-year duration and multi-billion-dollar magnitude of Bitcoin's current economic majority.

Are you going to be the first brave fellow to defect from that imposing majority by accepting Gavin-tainted XTcoins?  No?  Then you are just a poser.

In the remote possiblity XT becomes a matter of more importance than the hype, mirth, and scorn it generates at present, MPex and other 1MBer Elder Whales are prepared to use substantial (possibly exhaustive) portions of their extraordinarily massive war chests to repel 8MBer attacks.  To them, this is Holy War, with barbarian Gavinista hordes clamouring for a Free Shit Junta at the gates of their bespoke civilization.  They are more of a mood to impale heads atop spikes than reward with compromise Hearn's attacks on decentralization, Tor, and the consensus process.

Are you still sure you want to risk your tiny stash playing Hard Fork Poker with such ultra-high-rollers?

Before you answer, please take into account that nodes by default prioritize tx moving older coins, and the Royalty of La Serenissima possesses, in great quantities, very old coins.

What will you do when the limit isn't raised within the next 12 months?  Continue to cry wolf?  Self harm? Or admit being wrong?   Wink

I don't cry. I predict.
749  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 15, 2015, 11:34:34 AM
By the way, the point in time where a gold backed money becomes a fiat money, is when there is just a tad more paper than gold in the system than the people are comfortable with, and a run starts. The state proclaims that the been (ref example) is just as good as gold, and apply a law to support that illusion. The law is the fiat point.


We don't have fiat money. Money is backed by deposits and securities. You will not get a credit (which is money) without that.
750  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 15, 2015, 07:30:51 AM
the only bloatcoiner smart enough to see this clearly is Mike Hearn, and that is exactly why he has put in the effort to make XT.  Classic controlled demolition.

Excellent (and blessedly succinct) argument by analogy.  "Hostile/malicious fork" descriptive power just doesn't have the same je ne sais quoi as "controlled demolition."

Does not convince many. Not here and not there.

https://bitcointalk.org/index.php?topic=1144606.60

Bitcoin is explicitly non-democratic.  Populism has no power here.

Yes, the populism of the 1MBers has no power, neither in the threads of the elite nor anywhere else. That's why the limit will be raised within the next 12 month.
751  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 15, 2015, 07:12:02 AM
the only bloatcoiner smart enough to see this clearly is Mike Hearn, and that is exactly why he has put in the effort to make XT.  Classic controlled demolition.

Excellent (and blessedly succinct) argument by analogy.  "Hostile/malicious fork" descriptive power just doesn't have the same je ne sais quoi as "controlled demolition."

Does not convince many. Not here and not there.

https://bitcointalk.org/index.php?topic=1144606.60
752  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 14, 2015, 04:59:05 PM
Should maxblocksize increase? Which proposal do you prefer?  (Voting closes: September 04, 2015, 01:06:49 PM)

https://bitcointalk.org/index.php?topic=1144606.0
753  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 14, 2015, 08:07:44 AM
here's further evidence the Reddit mods are steering the blocksize debate. they're letting this guy spam attack me with false allegations despite me reporting him.  same post about a dozen times:

https://www.reddit.com/r/Bitcoin/comments/3gutfp/if_youre_not_running_a_node_youre_not_really/cu1x6fl


Yesterday you were complaining about mod "censorship" and today you are demanding the same mods censor posts you don't like.

it's a repetitive spam attack; over a dozen times the exact same slanderous post attempt at character assassination.  have you forgotten the case seems to be going nowhere and that i deny the allegations?

everybody gets it already. i am a BitcoinXT proponent and i am a threat to you Cripplecoiners.  the HF dispute has nothing to do with it as much as you'd like to tie the two together.

but of course, i wouldn't expect you to see the difference.

My comment does not mention, or even allude to, the content of the posts.  As such, you are the only one who mentioned HF and XT.

The difference, as I see it, is that you cry censorship when off-topic posts you like are moderated, but turn on a dime to complain about lack of moderation when the posts in question do not suit you.

Make your own damn subreddit about FrappuccinoCoin if you don't like the BTC mods' "epitome of authoritarianism."  They are not your servants, and it's hilarious to watch your hypocrisy in action.

yep, didn't think you'd be able to see the difference.

one being outright censorship that attempts to suppress discussion of the most important debate in the community today about Bitcoins future direction, ie the XT fork, and the other a nobody cares spammy personal slander attack that only started when i began speaking out in favor of bigger blocks.  not to mention by a coward who hides behind an anonymous identity.

If anything has to be moderated, than it is the anonymous cowards who attack the privacy of others.
Everybody should be able to see the difference.
754  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 13, 2015, 01:08:13 PM
There's not too many things you can do in this country to piss people  off  more than violating their First Amendment rights.

Go theymos!

You don't have a 1A right to post on privately owned sites, period.


Yes, libertarian people (cypherdoc) even don't moderate insulting posts of the trolls (tvbcof, iCE et al.) in their threads, while totalitarian people even don't allow some non-insulting posts and opposition. The latter are supported by cheerleaders with totalitarian mentality. Pardon my bad English. I hope you know what I mean.
755  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 12, 2015, 01:14:24 PM
Gold collapses in 5 (Elliott-) waves. At the moment probably wave II up in progress:

https://bitcointalk.org/index.php?topic=68655.msg11923412#msg11923412
756  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 12, 2015, 08:51:05 AM

But no one here claimed that post had been censored.  Huh


At least two people incorrectly assumed and falsely claimed the on-topic Blockstream business plan post had been removed by mods:

https://www.reddit.com/r/Bitcoin/comments/3gm3ww/this_thread_was_removedhidden_from_front_page/ctzetoj

https://www.reddit.com/r/Bitcoin/comments/3gm3ww/this_thread_was_removedhidden_from_front_page/ctzbzuh

"censored post ?"

Moderation of off-topic posts is not censorship.  Censorship is done by governments, moderation is done by mods.  Duh!

Spare us the wailing about "censored posts" "authoritarianism" and "book burnings."  It just makes you look like a child who never heard of Godwin.

"Spare us". Again? Spare me your collectivist 'us'-mentality! I have nothing to do with your us'ers.
757  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 11, 2015, 07:14:52 AM
Using logic, I can see two possible reason for being a block minimalist developer.

1)  Since "Uh oh, here it is we who decide the size of the blocks", because having power is good. Since there is no consensus within the self appointed dominator group, we have to wait until the royals can come to agreement.

2) They want to suffocate bitcoin, permanently if possible, to get a head start on their endevour into competing systems.

Yes:

The iCEman: "more debate prolongs the stalemate"

https://bitcointalk.org/index.php?topic=68655.msg12067133#msg12067133
758  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 08, 2015, 08:01:00 PM
the sweet smell of deflation:


Don't worry, if you thought Bennie's helicopter drop was large you haven't seen anything yet. The FED will panic print to dig out of the debt depression hole they've created and the only things that will survive are real assets and real money. XOM owns real assets and will still exist on the other size of the FED's crash and still pay out cash flow from operations, in whatever unit is used as currency at the time.

In a society (which is the opposite of a self-sufficient, paleolitic, pre-patriarchal, anarchic community), assets are always valued in debt (=money).
https://en.wikipedia.org/wiki/Debt:_The_First_5000_Years

When debt (money) disappeared, the society disappeared as well. That's 'life' since the neolithic revolution, the invention of the state (organized violence).

Crypto/Bitcoin is the best enemy of the society.
@Fonestar, a brilliant commentator of the articles on Zero Knowledge: "The Bitcoiners are going to totally destroy your society and your laws"

yes, i've never actually gotten around to reading that altho i've read many summaries of it and tend to agree with it's theories.  this is the Wences version of the origin of money and makes perfect sense that ppl would quite naturally start off keeping track of debts owed first with memory and then via tracking mechanisms (ledgers).  gold is a dervative of this theory and is quite cumbersome and impractical and thus never quite got out of the blocks in a major way in a modern society.  not to mention all it's faults which allow it to be manipulated into oblivion despite it's relatively fixed supply (2% inflation).

Bitcoin is hard and fixed.  all this extrapolation from Matonis about inflating the supply as a result of raising the block limit is nonsense.  they are completely two different issues.  one involves imagination while the other is a no brainer.  

Yes, information. And the first debt is the debt to the war lords. This starts the whole thing (economy). Credit comes later and is a derivative of this first debt. Metals were among the first things that the underdogs had to tribute to the war lords (state), for the purpose to produce weapons to organize the violence.

This is the Tutankhamun dagger:



Dr. Paul C. Martin's paper about "The history of violence of the precious metal", unfortunately in German only:

http://www.goldseiten.de/content/kolumnen/download/pcm-17.pdf
759  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 08, 2015, 02:11:46 PM
In a society (which is the opposite of a self-sufficient, paleolitic, pre-patriarchal, anarchic community), assets are always valued in debt (=money).
https://en.wikipedia.org/wiki/Debt:_The_First_5000_Years

yeah, because no one ever used gold and silver as money, or any other commodity-money. Or if they did, they were paleolithic, like USA 1-2 centuries ago.
[/leftist drivel]

Metals are only derivatives of money (which is debt, from the very beginning). Without debt, there is no economy, but self-sufficiency (anarchy).
760  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 08, 2015, 07:43:32 AM
the sweet smell of deflation:


Don't worry, if you thought Bennie's helicopter drop was large you haven't seen anything yet. The FED will panic print to dig out of the debt depression hole they've created and the only things that will survive are real assets and real money. XOM owns real assets and will still exist on the other size of the FED's crash and still pay out cash flow from operations, in whatever unit is used as currency at the time.

In a society (which is the opposite of a self-sufficient, paleolitic, pre-patriarchal, anarchic community), assets are always valued in debt (=money).
https://en.wikipedia.org/wiki/Debt:_The_First_5000_Years

When debt (money) disappeared, the society disappeared as well. That's 'life' since the neolithic revolution, the invention of the state (organized violence).

Crypto/Bitcoin is the best enemy of the society.
@Fonestar, a brilliant commentator of the articles on Zero Knowledge: "The Bitcoiners are going to totally destroy your society and your laws"
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