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1221
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Economy / Service Discussion / Re: [Collection] Most useful Bitcoin Tools
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on: January 24, 2017, 04:01:54 AM
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... I don't if this is really a tool (I would consider it one), but here is a way to find Bitcoin ATMs near you, this includes European ones: https://coinatmradar.com/Unfortunately "BTMs" tend to charge high fees (13% is typical), so higher than localbitcoins.com. But, if the BTM is working, they can be convenient, and you don't have to set-up meetings with strangers. |
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1222
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Economy / Economics / Re: Martin Armstrong Discussion
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on: January 24, 2017, 03:53:08 AM
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...
iamnotback
We call it "Trump Derangement Syndrome" (aka foaming at the mouth)...
* * *
Re diseases, I just finished a book, where at the end author Douglas Preston tells of his woes being treated for Leishmaniasis that he got from sand-fly bites in Honduras. Bad shit.
The book is The Lost City of the Monkey God. Preston is co-author with Lincoln Child of the "Pendergast series" of mysteries I once mentioned to you, iamnotback. Highly recommended.
Leishmaniasis and other tropical diseases will likely spread in an ugly way with increased migration, and it looks like Asia is not immune.
* * *
Ashley Judd and Madonna really make me proud to be an American. Not...
* * *
trollercoaster
I'd rather deal with the rigors of TB than be like Madonna or Ashley Judd. Ugh!
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1223
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Economy / Economics / Re: Martin Armstrong Discussion
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on: January 23, 2017, 08:54:59 PM
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... iamnotback You might be interested to know that The Left has been going NUTZ the past few days (yeah, even worse than before). The profanity-laden "Million Woman March" (featuring well known intellectual Madonna) and the profanity-laden "lady" getting kicked off the Baltimore - Seattle flight are just two of the best examples. The MainStream Media is shilling as usual. Were it not for the various issues you are dealing with over there I would advise you to stay...  |
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1224
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Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;)
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on: January 21, 2017, 05:39:02 PM
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...
Howza about we let Risto decide what is appropriate in his thread?
Like in browsing the Internet itself, I often find interesting or useful information that *apparently* is off-topic.
* * *
So, prophetx, what do you predict? $1500 for BTC when Wave 5 is through (say, this summer)? Spell it out for us. If we reach a number like that, my respect for TA will go up!
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1225
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Economy / Economics / Re: Martin Armstrong Discussion
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on: January 21, 2017, 05:29:59 PM
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...
I have to agree with deisik on one fundamental point: that advances technology have many many, times helped humanity achieve greater growth (and a better average lifestyle) than contemporaries at that time thought possible.
My best *guess* is that we are not done yet in keeping the Earth going. I have no idea what will happen in the future, but in case my guess is wrong..., well that's why I own some gold. Because you never know.
I still have not yet figured out where Bitcoin will fit in as technology continues to advance. Nor even figured out of BTC or another crypto will be important -- though I would imagine so.
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1226
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Economy / Economics / Re: Martin Armstrong Discussion
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on: January 20, 2017, 07:41:27 AM
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A blogger I know knows various people from E Europe (Romania and Yugoslavia). At least two of these guys went through hyperinflation in the 1990s (or so). Neither reported that silver (or even gold) was accepted as currency. US dollars and German marks only.I have real doubts -- barring a TEOTWAWKI/The Road -- that silver will ever again be "money". But, I will go visit your r0ach report vol. 8, it sounds like something not to be missed... EDIT: Not a bad effort r0ach. Moi? I am still in the gold-only camp as being the best wealth-preserver, but I do hold some Pt, a small amount of Ag, and tiny amounts of Pd and Ir -- mostly because I like metals. |
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1227
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Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;)
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on: January 17, 2017, 10:14:56 PM
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I don't think one needs to resort to numerology to verify the bible's truth.
Numerology is interesting, but using it to verify the bible is like signing a crypto transaction.
Signing a transaction verifies it in a literal way; it's an assertion that has no moral, psychological or poetic dimension.
The bible offers truths that extend into the realm of the spirit.
The bible offers truths that are ineffable. The bible offers truth in the realm of myth; myth not in the commonplace way that the word is sometimes used, simply to mean something that's false. The mythic truths found in the bible are mythic in the sense that the word myth is synonymous with the word legend. A legend isn't necessarily true, and one couldn't establish its literal truth if one wanted to.
The word legend comes from Latin legenda ‘things to be read' (like the bible!) In modern English, the textual information attached to a map that helps us interpret it is a legend. The bible is a legend in the sense that its text helps us makes sense of the confusing map of life. The bible helps us get our bearings. This is a truth far beyond any literal facts. The bibles truth surpasses any literal interpretations, because it helps us get our bearings, it guides us in our journey of the spirit.
The Bible is also written in extremely symbolic language. Recall that both the Old and New Testaments were written in a time & country we would now consider barbaric. The truths in the Bible were meant to be communicated through long eras to all men in a form that would be understood both by casual reading and by deeper study. An example of literal interpretation and looking deeper: "Honor thy father and they mother: that thy days may be long upon the land which the Lord thy God giveth thee."Of course we must respect and honor our parents, that is obvious. Dig deeper to understand that we must respect our masculine and feminine natures/components for a balanced, harmonious life. The Bible is stuffed full of symbolic language: the Beattitudes and Psalms especially come to mind. |
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1228
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Economy / Economics / Re: Economic Devastation
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on: January 17, 2017, 10:00:23 PM
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...
I think also xSplit is unwilling to accept a world in which the children suffer if their parents don't or can't provide well for them. He thinks we are all collectively responsible for all the others. Again this is a low entropy philosophy of collectivism. Those who want to adopt or help others are free to do so, but forcing collectivism on everyone is a low entropy MEGADEATH directed outcome. Basically he demands that nature not be allowed to have failure and thus he demands non-existence. This is the common trait of the leftist insanity. Singapore will disagree successfully for a while because they can leverage their good fortune (of billions of cheap labor resources in Asia, etc), but eventually their idealistic insanity (this concept that everything must be "fair") may run it's course (I am still not yet 100% decided if their subsidy programs are rational investments in their citizenry or collectivist top-down misdirection of the free market, my intuitive reaction is they are appropriate in the small/seedling stage but need to be phased out over time lest they become Coasian misincentives).
The leftist "idealistic" ideology insanity is so self-destructive. They are culling themselves.
...
We are collectively responsible for each other. Every form of top-down control is a form of collectivism and top-down control will always be necessary. It is a mistake to view the current trend of leftism as some sort of disease. It is not. Leftism is simply the natural and inevitable result of the missignalling introduced into society by usury. Usury creates an eternal growth imperative that persists regardless of underlying conditions. Usury was instrumental in destroying feudalism and releasing the tremendous economic growth that was previously inhibited by the restraints imposed by "nobility". However, nothing in the universe exhibits eternal exponential growth and usury requires this. Leftism or collectivism is the expected and necessary result of an underlying structural and moral problem. Its not even bad really its is just inevitable consequence.I will write more on this when I have time. My paternal grandmother had very bad experiences in Poland right after WWII (with the Red Cross there). Communists hassled her to no end, very bad. I have a mental rash that hits me when I ponder Communism and its fellow-travelers. And I had the chance myself to see Communism in action in E. Germany and Poland in 1984. Long as you're not spending my money to do so (your sentence I marked in red)... |
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1229
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Economy / Economics / Re: Martin Armstrong Discussion
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on: January 17, 2017, 05:03:56 PM
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...
iamnotback
My understanding (and EVERYONE here please know that I have no deep understanding of anything, just a "reasonable" understanding of various subjects) is that solar energy IS becoming quite cost-competitive with fossil fuels.
Based on the map you posted, I can also see that solar might work well for Orange India. While there are huge areas of Africa, Arabia, S America and even the US desert SW & Mexico, those locations are not that good for supplying energy (electric power anyway -- transmission line losses) to the largest population centers.
Wind energy, on the other hand, seems to be looking LESS economic. Ah, there is unacceptable energy loss in the BEARINGS used in wind turbines for example. The landscape of Italy is littered with idle windmill turbines...
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1230
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Economy / Economics / Re: Economic Devastation
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on: January 16, 2017, 06:48:48 PM
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OROBTC, apologies if my words were a bit harsh. I was suffering a very bad GI infection.
But I don't want to back off of my point which is you always fall back to "nothing can be predicted, thus the safest is to buy gold".
I know your point is that gold has proven itself for centuries. Actually that is even incorrect (although the case against gold is stronger now). There are many hordes buried in the ground because it was of course very unsafe even in the Dark Ages to have a large amount of gold if you did not have castle, an army, etc.. It isn't as simple as it seems (buy gold as a small entity and you will be safe from the government). Armstrong has stated that gold is only useful for about 2 - 3 year crisis of governance, after that food becomes money. Monetary systems need stability in order to function. The reason civilization has risen up from total chaos of the jungle is the stability of social organization which provides for all the great advances in productivity.
I think if you spent some time here in the poor areas of Mindanao, you might appreciate more human nature under financial stress. I remember when my American friend's daughter was decapitated in a roadside accident in Mindanao and when he texted me (he was the only one to survive as he was in the back of van behind the last front facing row of seats) and I followed in a motorcycle I reached the van along the side of the road and the locals were already dismantling it to steal the battery, etc, while the brain was still lying there in the highway and had been rolled over by trucks and spread out all over.
The Philippines is a dangerous place. I am happy my son will be leaving here to go back to USA in May.
I'm used to your frank language, no worries. This thread is a bit like Zero Hedge's Fight Club. But, we all know that you're a good guy. Gold is just a part of my diversification strategy. As is Bitcoin. And Peru. And... I certainly can believe and appreciate that The Philippines is a dangerous place. Peru is as well, although I don't know which would be more so. Peru is "Plan B" for my wife and me, just in case. I think you are correct re your son coming to America. Exposure to the USA is a good thing for a world citizen. A great education. Your son can always go back to The Philippines. * * * Re old business. I did not mean to demean CoinCube's table re Cycles of Contention. What I SHOULD have written is that his table is useful for the ideas, even if the Cycles (to me) are not predictable. |
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1232
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Economy / Service Discussion / Re: [Collection] Most useful Bitcoin Tools
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on: January 16, 2017, 05:07:31 PM
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...
Here are two BTC tools that I have recently liked and used:
1) viabtc.com/tools/txaccelerator/ <--- a tool to push along (speed confirmation of) small trx where fee payment was only BTC0.0001
2) the taint analysis tool at blockchain.info (when looking at a specific address) <--- to check effectiveness of BTC mixing
I too look forward to seeing other BTC tools of interest.
Hey! That's damn cool! Does it really work? That's really excellent, I can use that on a daily basis! I try to put the right fee in order to not have to wait to much of course, but you know sometimes you just didn't the huge pic of transactions! Or you wanted to put a low fee to go slow but cheap, and you're able to accelarate by that! You used it? Yes, I have used it, about 8 or 9 times. It works great! Two people here at bitcointalk told me (in other threads) about this service when I was having trouble getting BTC out of my blockchain.info app on my iPhone. It would not let me send out "normal" amounts of BTC, only very tiny amounts (say BTC0.0015 or so). The app also included a BTC0.0001 fee (not possible to change that fee in the app), which is now considered very low. So I was having trouble getting such tiny BTC trx confirmed in a timely way. Until they told me about the ViaBTC service. Highly recommended for tiny transactions. |
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1233
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Economy / Economics / Re: Martin Armstrong Discussion
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on: January 16, 2017, 05:36:51 AM
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... iamnotback Mmm hmm, Steve (srs) tends toward an extreme position that I do not share. We HAVE resolved, reasonably well, all of our energy issues to date. My *guess* is that we will muddle through and/or use the upcoming Knowledge Age (perhaps I use your term overly broadly here) to find sufficient energy in whatever forms to keep civilization going. Indeed, I have a geologist (PhD, was an "oil finder" for one of the majors) who told me years ago that "there is plenty of oil" (meaning plenty of recoverable oil). Energy efficiency will also help. That is not a certainty though. N. N. Taleb teaches us that in the life of a turkey all appears well. He is fed and protected day after day, week after week. Until the day arrives that the turkey is killed for us to eat. "Normalcy Bias" is a threat. * * * I can confirm your quoted item, at least in the context of Peru (as we have no Chinese cars in the USA): "Quote from: http://www.reuters.com/article/us-usa-autoshow-china-electric-idUSKBN14V1H3?utm_source=34553&utm_medium=partner
That's in part because Chinese automakers are more aggressive in lowering their costs regardless of quality, said an executive at a multinational auto parts firm.
"The lowest price wins (the contract). That's the process, no questions asked," said the executive, who declined to be identified to avoid impacting future contract bidding.
"And when you win, they come back and ask you for another price reduction," the executive added, noting less stringent safety regulations in China also help keep costs lower than in the United States."Chinese cars are considered crap there. And Chinese bearings are for the "Precio Nada Mas" (price nothing else) crowd. |
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1234
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Economy / Economics / Re: Martin Armstrong Discussion
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on: January 16, 2017, 12:00:08 AM
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...
r0ach
Sounds like you have been reading srsroccoreport.com.
Steve writes about precious metals and energy, and is convinced that the easy (high EROI) energy, especially oil, has been found. And that things will start getting bad soon. Offering intelligent commentary on his work is beyond my competence other than he offers up plausible explanations. He does write that precious metals are a place to hide.
I dove into this stuff what was it, like 10 years ago when the term peak oil popped up everywhere? It is not just the SRSROCCO guy talking about it. Russian govt energy analysts + many others have been talking about it forever. The SRSRocco guy doesn't even talk about the natural gas market, but there it is for you to see happening there too. So it's all just a continuation of the "peak oil" story except where people used to think it would be some type of immediate disappearance in supply, it's evolving in much more complex ways. Yes, of course. When the term "Peak Oil" became a meme -- about the time Simmons made "Hubbard's Peak" famous -- I began following the issue. Ah, so far there is no really good evidence that the peak is here yet, but the experience with shale oil and shale gas (low EROI) should offer food for thought given time. Of course oil industry observers have been saying that the easy oil has already been found... For the past 100 years... |
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1235
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Economy / Economics / Re: Economic Devastation
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on: January 15, 2017, 11:45:49 PM
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...
CoinCube
That's an interesting table showing Cycles of Contention, but (as I often mention to iamnotback), there are too many variables out there, too many "Swans", for me to find it useful in a practical way.
minor-transgression
"KAKISTOCRACY" has become one of my favorite words, but I would really fear that system of governance should it arrive. And it DOES look like a real possibility.
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1236
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Economy / Economics / Re: Martin Armstrong Discussion
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on: January 15, 2017, 11:32:24 PM
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...
r0ach
Sounds like you have been reading srsroccoreport.com.
Steve writes about precious metals and energy, and is convinced that the easy (high EROI) energy, especially oil, has been found. And that things will start getting bad soon. Offering intelligent commentary on his work is beyond my competence other than he offers up plausible explanations. He does write that precious metals are a place to hide.
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1237
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Economy / Service Discussion / Re: [Collection] Most useful Bitcoin Tools
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on: January 15, 2017, 06:20:05 PM
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...
Here are two BTC tools that I have recently liked and used:
1) viabtc.com/tools/txaccelerator/ <--- a tool to push along (speed confirmation of) small trx where fee payment was only BTC0.0001
2) the taint analysis tool at blockchain.info (when looking at a specific address) <--- to check effectiveness of BTC mixing
I too look forward to seeing other BTC tools of interest.
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1238
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Economy / Economics / Re: Bitcoin User Poll #4 - Wealth - how big is your...errr....bitcoin stash?
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on: January 15, 2017, 06:12:38 PM
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Indeed. And I have a feeling that the whales that have 100s of btc don't frequent this forum because they don't need to do sig campaigns and don't scam and all that other hoopla.
My stash is not big at all, and you can always pretty much check it at the address I have listed in my profile. I do have more than one wallet, but the majority of my bitcoin is in the 1As... wallet. Right now it's about $200 worth. Chicken feed!!
Haha, so you're admitting that the only reason to come on this forum is to post for signature campaigns, scam people, and participate in "hoopla"?! Hahaha. We'll we have one respondent claiming s/he has over BTC500, that's quite a stash! And I think there's plenty of reason for early adopters to be cruising this forum...perhaps more in projects than other boards, but still. NO. I'm talking about the people who do those things, and they seem to be in the majority. I was posting here for the fun of it well before I ever joined a signature campaign, and I don't scam people. The community is interesting, to say the least, and that's the main reason why I keep coming back. Yes, my position in (and re) Bitcoin is essentially like The Pharmacist's. I am here to get knowledge of Bitcoin and gradually build an "investment position" (that is, holding more than a tiny amount of BTC when I am convinced that BTC really DOES look good). My opinion is that the Bitcoin Ecosystem looks pretty strong and worth the risks of holding a decent amount. RISKY, but worth the risks. Re the Signature Campaign, if BTC does achieve a very high price, I will be that much happier that I accumulated even small amounts (along with the larger amounts I have bought). |
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1239
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Other / Off-topic / Re: What do you want to buy online with Bitcoin, bu can't find?
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on: January 15, 2017, 05:50:28 PM
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There isn't really anything I have an interest in buying online, to be honest, I would rather be buying my groceries and paying my bills directly with some of the Bitcoin I get rather than having to exchange it and then go and use my credit card or a Bitcoin debit card.
There might be some things I get interested in in the future, but for right now there isn't much I want to buy to be honest.
There is no point in buying anything with bitcoin unless you get a discount that is big enough to justify the hassle of having to buy bitcoin, then buy whatever good and services you want to buy. There has to be a justification to do that. Agreed (BBZ). I have bought gold with Bitcoin (from providentmetals.com as well as from Agora here), but that was really an exercise to learn the system and use what I had thought I held ("excess Bitcoin", LOL...) for a bit more gold. At this point, I would rather HODL BTC until prices in BTC are attractive enough to be worth the expense and hassle for me to buy BTC first. |
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1240
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Bitcoin / Legal / Re: Money laundering via BTC
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on: January 15, 2017, 05:46:29 PM
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Let set some facts straight here:
1. Bitcoin can be used as money laundering tool, but so can every digital or not currency with similar properties.
2. FIAT money is number 1 source of corruption, money laundering tool and crime powering asset in the world, bitcoin is not even close.
3. Considered estimated number of bitcoin users is around ~10 million (dramatically low compared to FIAT users), bitcoin current capitalization is $13Billion (again, rather pitiful compared to FIAT).
We realize that media's cry about bitcoin used as tool for money laundering is exaggerated rumor and is detached from reality.
Indeed, all of your comments are true. There are many, many methods used to hide money flow, not just using money either! Barter, etc. "Money Laundering", as quietly defined by government, is owning any wealth that they do know about. What government does not know, it cannot tax. Expect governments in the future to be more aggressive and more intrusive re our freedoms. |
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