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Arguably, YOU (TPTB) ought to contact Armstrong, as YOU are the one doing the heavy-lifting around here, and are most familiar with what and how he thinks...
The "other" (= bad) TPTB already know who you are if they think you're a threat. I don't think "Little Fish" like us are what .gov is really after (although I will read your nestmann link of earlier re IRS targeting small fish).
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blockexporer.com shows latest block number is 358999.
JUST (12:19 AM US ET) saw that blockchain.info is in a maintenance mode of some sort.
I owe someone BTC0.01, and my "hot" wallet is at blockchain.info. I don't want to use my Trezor or Nano for a payment of BTC0.01...
EDIT: Yes, AgentofCoin, blockchain.info did not handle the spam attacks well.
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I do agree with TPTB that many of his prescriptions are likely off-base. "We MUST do this..." ain't gonna cut it, Martin. How about what EACH OF US can do re the turbulent times ahead?
If his computer is as impressive as he claims, he ought to be able to run conditional sims, and tell us what happens to the forecasts if his recommendations are enacted and how those outcomes compare to alternatives. His model(s) are not doing simulations. My rough guess is the models are formed by searching for patterns that repeat throughout history incorporating multi-dimensional models that involve wavefront interference (the waves of the cyclic patterns). It is complex chaos model, not a discrete (nor continuous) time simulation of events that cascade. He is looking at order from a more abstracted manifold then you are proposing when you insert the term simulation. TPTB and smooth There is a lot of potentially interesting math that Armstrong and his crew might be doing. With enough data, and enough of a bright team, Princeton Economics could probably come up will all kinds of interesting relationships, some of which might be valid and perhaps even of predictive power. Probability. Simulations. Neural Networks. Time Series. Who knows what else. Of course, I am just speculating here. |
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NO ONE can say that Martin Armstrong is wrong about the Clintons, if he is wrong on anything, it would be on small details only.
I have not made up my mind on how much to accept of Armstrong and his analyses. My current thinking is that his supercomputer system and software are exploring very interesting terrain, and that there is something to his ideas of cycles. And he has demonstrated to my satisfaction (at until now) that he reads his history write, and he has made some excellent calls.
I do agree with TPTB that many of his prescriptions are likely off-base. "We MUST do this..." ain't gonna cut it, Martin. How about what EACH OF US can do re the turbulent times ahead?
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Muhammed Zakir has just given many of us our reading assignment for the weekend! Thank you! Mr. Zakir, you might consider dropping off this information at the "Economic Totalitarianism" thread (in Economics) as privacy is discussed there too. If you do, be prepared for argumentative other posters...  |
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generalizethis and TPTB
...easier to use...
Yes, that is they key for me and for millions (billions) of others. I am way behind most of you guys re Bitcoin technology and programming, but, relatively speaking, an "early adopter".
The Internet did not get BIG until easy to use browsers came along. I did not enter the World of Bitcoin until blockchain.info came along (and as a beginner I got some important help from a great guy I do not even know from Canada).
Ease of use is vital before the masses will use it.
Look at Facebook.............
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BitProdigy
I think that your analysis is a good start as well as good entertainment (I mean that nicely, intellectual entertainment).
Circumstances will change the ratings of each of paper money, gold and BTC. For example, a .gov crackdown on BTC purchases (perfectly possible) would change some of the BTC ratings. GROSS "Ctrl + P" would devalue currency, there are those who state that money printing (electrons anyway) is WAY UP, but the reason for no infation is that money velocity has cratered (people are buying less stuff).
IMO, holding some proportion of each "form of money" is a good idea. Some CA$H (real long-green cash), some gold and some BTC. How much of each also depends on personal circumstances... The very wealthy would likely step-up relative amounts of gold vs. cash for example. The rich might buy more BTC as well.
So, this is a complicated discussion! Your analysis is a jumping off point... A good one, but just a start.
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... cypherdoc At least you, TPTB and Martin Armstrong agree on something (price of gold going way down). How unusual, how utterly rare... Must be a Blue Moon happening soon or something. Or TEOTWAWKI? |
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Pab
Hey, if France leaves, it's all over. Presumably Spain and/or Italy and/or Portugal would fail before France, so that would be PIGS and Cyprus even before France.
If France falls Germany falls.
Then you all have 48 hours, max, to get your final preps done before the tsunami hits the USA. Smart people will want to closely monitor not only Europe, but China as well. Chinese (Shanghai) stocks are down about 0.5% as I write.
France doesnt want leave,all that EU bailouts are in fact french and german bailouts,that iswhy thay are still puting bln in Greece,problem will be when Euro will fail,what may happen if any of three pigs and greece will leave Euro One more thing Deutche Bank is owning derivatives wort 5x of all Eu nation GDP it isvirtual ponzi what need more andmore fresh blood to survive And there will be more and more about Catalunia wiill separate from Spain,Catalunia is richest Spain area,thay doesnt need EU China collapse will be problem for China,catastrophe for westerness world At least China will shutdown stock markets You raise some good points Pab. Deutsche Bank ("Douche Bank" to some of us Americans) does indeed have HUGE exposure to derivatives that could create BIG PROBLEMS if allowed to default. I just do not know much about the conditions of big European banks, I hear that in general they are at least as weak as the big American ones (which are pretty weak). Nor do I know anything, really, about derivatives exposure in Europe. Catalunia is an interesting case, thanks for bringing that up. A "Devolving Europe" probably would mean even more trouble. China is a Big Black Hole. No one really knows what would/will happen when China implodes....... |
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Pab
Hey, if France leaves, it's all over. Presumably Spain and/or Italy and/or Portugal would fail before France, so that would be PIGS and Cyprus even before France.
If France falls Germany falls.
Then you all have 48 hours, max, to get your final preps done before the tsunami hits the USA. Smart people will want to closely monitor not only Europe, but China as well. Chinese (Shanghai) stocks are down about 0.5% as I write.
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I too would appreciate an explanation in layman's terms about Darkwallet. It does seem that new technologies may be coming that will better protect our anonymity and/or privacy.
It's a race... For now it looks like using bitmixer.io AND blockchain.info's SharedCoin (on occasion or even better in sequence (each transaction)) will cover the trail to all but .gov tracking.
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C student OROBTC has learned that trollercoaster posts interesting stuff, + 1.
I noted that S. Korea has the most robots per capita, I saw some in 2012 when touring three of their bearing factories. Very impressive, those factories looked right out of Star Trek.
And the four guys (two @ from two companies) who took me around ALL worked 60 hour weeks.
Now if I could just convince our suppliers there to cut their prices 5% or so....
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TPTB
18,000 oz of silver? Shi'ite! That beats the most of the guy I know who has the most (a mere 5000 oz). Hard to actually MOVE that much though, my only real complaint re silver. Nice timing too!
After you are done programming the, well you know, maybe you should WTFB! *
* Everything You Always Wanted to Know about Hiding Your Bitcoin, but Were Afraid to Ask
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I invite people to examine my BTC transactions as GingerAle did with the coinalytics tool (or other similar tools).
Because I am no expert, I am quite interested in having my BTC operations examined by skilled people here at bitcointalk.
I would also be interested in any suggestions as to improving my BTC security.
Thanks!
EDIT: Great thread, a much-needed discussion
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I would not announce the Death of Gold so quickly just because a great new set of technologies has been invented. Gold has been valued by humanity -- by almost all cultures -- for 5000 - 6000 years. I doubt that 5000 years of historical value for gold will disappear just because Bitcoin has come along. Through the millennia, gold has proven itself hundreds of times as the best Store of Value around, beating EVERY fiat currency. Why would people who really understand wealth (like the central bankers and the Rothschild family) hold so much gold?
My *guess* is that Bitcoin will be a game changer. But, "technology often eats its children..."
My other guess is that gold will always be expensive, and always held in much esteem.
Gold and Bitcoin are quite complementary. It's just smart to hold some of each.
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americanpegasus
Complete financial privacy solutions are very difficult to achieve. With Bitcoin (and as someone who does not program -- a beginner!), I mix mine after I get them for "better" privacy. That throws off the casual blockchain browsing scum looking to steal BTC or information. I am NOT under any illusions that BTC will be anonymous vs. a .gov attack or investigation. My main reason for experimenting with BTC is just that: experimenting. To see how it works, and what amount might be right for me.
generalizethis
Alas, I am OUT of the political influence game, even at the very low levels I was before. I am weary, let the young and/or active take that up.
And, of course, I much admire TPTB_needs_war and his efforts to find freedom through financial privacy.
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Ah! Thanks for clearing that up!
Tell you what. If we're ever down in Peru at the same time, and I need an Epicurean, I know who to seek out.
If your taxi driver happens to need a wheel bearing for his car, now you know who to look for.
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I hear you, americanpegasus! Bitcoin is another important component asset to own "Financial Asset Diversification 101" shows us. F.A.D. also teaches us not to put all of our eggs into one basket, not even the Bitcoin one.
Yes, I have done business with BTC, just check out Veldt Gold's thread here.
Bitcoin and gold complement each other wonderfully.
Bearings count as diversification too, for those so inclined.
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iCEBREAKER
Gold <> silver for many reasons. Examples:
-- Silver is heavily used in a huge variety of industries and products (what, 50 ounces per Tomahawk missile as an example)
-- The central banks do not store silver
-- Even in the Bible gold signifies power, silver signifies money
-- People fleeing across borders carry gold, not silver
And:
In a SHTF, silver will buy you bread. Gold will buy you the bakery.
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