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261  Economy / Economics / Re: Peter Schiff: Next Round of Quantitative Easing To Send Gold To New Highs on: December 13, 2018, 06:55:56 PM
If further quantitative easing rounds make gold pump, then Bitcoin must pump as well, given that it is a better gold in pretty much every department (except that it isn't as stable in price, but that is just because Bitcoin is still tiny, so that is actually another positive since there are higher potential gains). Not to mention Bitcoin is approaching ultimate floor prices so it's a steal.

Schiff will remain in denial again when we hit ATH, these guys just will admit they are wrong. Same goes for Nourini and co, they are all the same.

262  Economy / Economics / Re: Has Trump improved the economy? on: December 12, 2018, 02:20:13 AM
The reality of the situation is that trying to fight China's insane work ethic is just extremely difficult. These guys are producing massive amounts of just anything. You can't never out-compete the hours they are willing to endure in relation to wages. This allows them to bring prices down and take over most markets.

A clear example is the phone market. Xiaomi and Huawei are changing the game. They can push prices so low to performance ratio.

The only thing western countries can do as added value is the finesse of the designs, improving the software, adding premium quality materials like iPhones, and aim for those with enough money to pay for it.

Xiaomi is expanding business in many areas. They are now challenging Dyson's cordless vacuum cleaners too with the same scheme: push prices down and have a product that while it may not be as good, it's good enough and beats price:quality ratios.

263  Economy / Economics / Re: Coin with a smoothly variating price - "stable coin" but not really on: December 12, 2018, 01:52:06 AM
I changed my mind on the no reply thing, since your post was not blatantly s**t post, as I was expecting. One of the approaches uses convertible coins and arbitrage. The other uses hash-rate changes to estimate price variations, the more expensive the coin the more people want to mine it. Neither relies on an oracle or share-holders that receive more coins for nothing. The paper is short and easy to understand, please do read.

I would like to read your whitepaper, however I don't trust .pdf files. Could you upload the whitepaper in plain text somewhere? Or you can use a pdf to jpg converted. Pdf files are known to be able to contain exploits. Maybe im too paranoid but that's how it goes.

Have you posted before the in development or altcoin section? I remember reading something very similar to your proposal.

I would definitely need to read the full thing because I don't understand how you would be able to keep price stable against all other things which have prices in a decentralized way.
264  Economy / Economics / Re: Coin with a smoothly variating price - "stable coin" but not really on: December 11, 2018, 07:16:35 PM
I wrote a paper with two ideas for a coin with a stable price. By that I mean a price that does not change so abruptly as of now. None of those ideas involve a central authority or oracle, they work more or less the same way as current block-chain implementations.
It's a short paper, 6 pages. I hosted the pdf on github. I will make no other replies.

https://github.com/UmaPessoa69/coin-smooth-price

You should post this on the development section, other boards are way too fast and your post may get lost. I know the Development & Technical Discussion is for bitcoin but sometimes posts that are a bit meta are allowed it seems. There are big threads for alternative PoW approaches there for instance.

As far as stablecoins, im very skeptic about these. You would need constant manipulation of the price to get a thing to stay stable, thing which is measured against a million other things (all other fiats, gold and other metals...). I still didn't look at it but IMO for something to be stable it just must achieve global reserve asset status organically.

If someone has the time to look into OP's whitepaper can someone resume it?
265  Economy / Economics / Re: Bitcoin price predictions from Twitter 5 years from now on: December 11, 2018, 05:20:07 PM
I have a collection of really bad predictions and generally bad moves. This one tweet is pretty funny looking back at it now:



Well funny for us, in retrospective if you are that guy it must be brutal. He would be so rich now, it's pretty crazy to think about. This puts a lot of sense into these thinking that it's the end of the world and think they missed the boat. Just buy the big dips and hold.
266  Economy / Speculation / Re: NEW BAKKT game on: December 11, 2018, 04:41:20 PM
SO if I got it right, we must guess the price 17 days fer the actual Bakkt release. Well assuming they finally release the platform early next year and don't keep delaying it... im expecting lower lows in the beginning of the next year, then the bottom and start for the next ATH.

Price prediction: $4776

We will be coming from a $2500 ish bottom I think. We'll see a quick bump due initial contracts forcing the platform to buy BTC. This will be the end of the bear market.
267  Economy / Speculation / Re: Bitcoin price Manipulation, the impact of Bitcoin SV. on: December 11, 2018, 04:11:29 PM
The net result is a clear one: Bitcoin wins. An example is set for those that go into a fork picnic: Bankruptcy awaits.

Bitcoin had nothing to lose in the first place, so there hasn't been anything that made it win. It was well expected that a split would happen, because nChain and CoinGeek have a roadmap in mind that doesn't align with anyone other than their own minions. It was also expected that ABC would shift over hashrate from BTC to its own silly chain to protect what's left of its economical incentives. Very predictable behavior from fraudsters.

I'm sure that Roger will come out just fine, because he has never been someone that bothered to care about bear markets where prices tank badly. Bitmain on the other hand can say goodbye to its IPO. It hasn't only lost the far majority of value when it comes to the coins that it holds, but it is also close to present the world horrible business reports due to the bear market.


Well I think Roger Ver has broken several laws with some of the things he has done. For starters, why the hell did he allocate hashrate from his bitcoin dot com cloud mining contracts into the BCash ABC chain without asking for permission if the people that where hiring the hashrate to mine BTC wanted to switch from BTC to BCHABC? I can't believe he actually did that with a straight face, it is insanity.

Not to mention the fact that he confused a lot of people with the wallets being bcash and not Bitcoin and coins being lost, but the hashrate allocation thing was ridiculous. He also proved ABC is centralized due the arbitrary checkpoints, and they used to cry about Bitcoin development being centralized.

Calvin and Craig probably ran out of money to keep attacking ABC while mining their own coin so they released that press release which to me it just sounds like a waving whit flag.

Net result is both forks lost and BCH holders are losing money (actual money measured in BTC).
268  Economy / Economics / Re: Remember: Bottoms are ALWAYS higher than your idealized entry point on: December 11, 2018, 03:24:16 PM
One thing I learned (unconsciously) on bitcoin is to just continue buying to average down your entry point. I've unconsciously done it in 2014 back when I was so naive to think of slowing down buying knowing that I'm just a minimum wage earner. I continued buying for 3 years until the market boomed, and never have I expected the market to go so big and to profit hugely off of it. Perhaps I have to thank my naivety on such topics but then again, I've learned to just do my thing and not be overly-greedy and get poor results. I bailed @ $2900 from an average buy of $700, bought again @ $4100 and sold @ $17000 while everyone was busy hyping the market. One can never predict the true bottom and top unless you're some sort of a time traveler, and you can never buy and sell perfectly into these places since the market moves so fast.


I would put the deluded entry pint below $1000, so anything below that price is delusion territory, a complete steal. I still see bitcoin hitting $5000 before we go to all time lows again for 2019, perhaps Q2. I see $2500 ish. This would match the 87% crash of MtGox, and the graph would look nice and extended on the downside, enough for it to bottom.

Of course fundamentals are better than 2013, so it doesn't necessarily need to match 87% crash, so the top could be higher. In case it penetrates $2500 I can see it matching the 2013 top of $1300 as lowest possible scenario, most likely higher because it's too close to delusionally low prices. It may be a flash crash then it starts going up and that would be capitulation. So it's half of 2019 for me, unless Bakkt bull pressure explodes when its released.
269  Economy / Economics / Re: Remember: Bottoms are ALWAYS higher than your idealized entry point on: December 09, 2018, 06:07:28 PM
Famous eternally mad nocoiners such as Peter Schift, Nourini, Mark T Williams, Krugman... you name them.
Love the term "nocoiners".  I fully understand the concept of that.

I don't recognize any of the names in the above list except Peter Schiff, and I only know of him because he'd been telling people to buy precious metals back around 2011-12 right when they were peaking.  Since then I've sort of lost respect for him because of that terrible advice, and the fact of the matter is that he was probably only telling people that in order to sell his own metals via pump & dump.

The fact is that nobody knows where the bottom is, or whether a recovery is just that or a dead-cat bounce.  It all comes down to whether you have the balls to act on your beliefs.  Me?  I have the balls but not the money.  I would have bought bitcoin at any point in the past 2 weeks because I think it's been beaten down too much--I just don't have the money, and not only that but I owe about $600 worth of bitcoin to someone, which is going to wipe out my sig campaign earnings for quite a while.  It sucks, but whatever.

Nouriel Roubini is some economist, the only thing I agree with him is that the altcoin market is a bubble, however he is wrong about the fundamentals of Bitcoin. Mark T Williams is a professor of economy and writes articles for some websites, he is known for his "im an expert and Bitcoin will be trading under $10" by 2014"

Krugman is a renowned keynesian known for his "predictions", like that time he said the internet would collapse by 2005. He also proposed minting a coin that's worth 1 trillion to stop the debt from US:

https://krugman.blogs.nytimes.com/2013/01/07/be-ready-to-mint-that-coin/

The fact that this insanity gets PhD's should be revealing.
270  Economy / Speculation / Re: Bitcoin price Manipulation, the impact of Bitcoin SV. on: December 09, 2018, 05:37:47 PM
Craig Wright and Calvin Ayre have already capitulated:

https://coingeek.com/original-bitcoin-reborn-bitcoin-sv-bsv-bch-hash-war-ends/

They promised there wouldn't be a split. The reality is that there was a split, and a permanent one. They keep burning money. They will go bankrupt.

Same goes for Jihan and Roger Ver, stuck with massive BCHABC bags.

The net result is a clear one: Bitcoin wins. An example is set for those that go into a fork picnic: Bankruptcy awaits.
271  Economy / Speculation / Re: Lets face it, real money controls BTC and crypto ... on: December 09, 2018, 04:44:08 PM
Bitcoin is decentralized unconfiscatable hard money limited in amount, which is measured against an infinite-supply fiat. The properties of Bitcoin are unique and will always be desired. All price suppression of Bitcoin measured on infinite-supply Maddof scheme fiats are nothing but temporary. They allowed the Futures market to suppress the price and create desperation so they can buy most of the supply themselves and own it, so sooner or later prices will have to go up.

It's just a question of asking yourself: What wins in the long term: easy money or hard money? If you think easy money will prevail, then hold cash, if you think hard money wins, hold gold and Bitcoin.
272  Economy / Speculation / Re: SEC delays decision on ETF again on: December 09, 2018, 04:30:07 PM
These freaking gamblers will get their fingers stuck when ETF+BAKKT start buying BTC at whatever prices to meet contract ends. The short squeeze will be epic. Look at the amount of shorts right now, we are over leveraged, shorts are getting out of hand, once big pockets can easily buy Bitcoin it's going to be one big clusterfuck of shorts going down and a big green candle going up.
273  Economy / Service Discussion / Re: GOOD MIXER/BLINDER? on: December 09, 2018, 04:08:03 PM
I've done some mixing myself in the past to test things out. I think I used helix back then, and it was pretty cool, very easy to use, but very effective, you use it under a Tor onion service, they mix the coins, and you choose the amount of mixing you want, and they are delivered to you back to your wallet at an address you provide them, at random times in random chunks to make it even more useless trying to trace your coins back. So it's pretty solid.

Im sure chipmixer is as legit as it gets too. They have been paying on the sig campaign every week without delays, so this shows they are liquid.

If I wanted to mix coins again, I would sure use some of these. But make it sure that you are clicking on the official URL, there are TONS of phishing sites out there, specially back then when I tried helix, since onion sites are just a bunch of random characters, they take advantageo f that trying to confuse people into clicking on fake links so watch out for that.
274  Other / Meta / Re: Which hosts don't give you the proxy error? on: December 09, 2018, 02:01:42 PM
You dont have to use Tor when you upload the image to imgur. Upload it on chrome/firefox, get on Tor and post the resized link here on the forum.

I've tried imgur in the past but it seems they have banned Tor from it. I only connect here with Tor because I don't trust browsing this forum with anything but a proxy, and it's cheaper than paying for an VPN.

Unfortunately I can't seem to find any host right now to upload images that is both accepted by the forum and Tor.

You can upload the image to imgur with your regular browser and copy the URL to Tor. Or try https://postimages.org/

Well, you wouldn't believe the lengths that some hackers would go to try to ruin your life. Consider that when you upload something to the internet, if you don't upload it with a proxy of sorts (Tor, Vpn...) then that is a point of failure privacy wise because there is a log with your IP uploading that certain file in that certain website, if a hacker could gain access to that log somehow he could get intel on you.

If you want real privacy and you are going to post files here then I recommend you upload said files using a proxy as well. You don't have anything to lose.
275  Other / Meta / Re: Which hosts don't give you the proxy error? on: December 08, 2018, 09:20:32 PM
Have you tried to host the image to other sites like imgur.com?

Let me try to post it here let see if it works or not.


 
It looks like it works.

Edit: The image size is too big but it works on imgur.com I just resize the image above through this code [img width=350 height=800] to not look like spam.

I've tried imgur in the past but it seems they have banned Tor from it. I only connect here with Tor because I don't trust browsing this forum with anything but a proxy, and it's cheaper than paying for an VPN.

Unfortunately I can't seem to find any host right now to upload images that is both accepted by the forum and Tor.
276  Other / Meta / Re: Which hosts don't give you the proxy error? on: December 08, 2018, 08:02:49 PM
Max image size is 2.5mb.

I suppose you need to resize it to correctly display the image.

Why is image size relevant if it's being linked from another website that has no problem hosting big size images? Does bitcointalk.org automatically save the linked images within a server that theymos owns or something? I don't get it.

And shouldn't the software just resize the image automatically to not destroy the margins of the thread and keep things readable, then you click on it to expand? thats what most forums I visit work like.
277  Other / Meta / Which hosts don't give you the proxy error? on: December 08, 2018, 07:31:19 PM
I wanted to use this image in a post, but I keep getting the white background with red letters error that says something about a bitcointalk.org proxy or whatever, I think everyone knows that message. It shouls show up here:



The link:

https://i.ibb.co/0ZqzLk5/123124123312.png

Im just confused because imgbb was working good so far and I never got the proxy error thing.

Edit: Maybe this one works?



Looks like it doesn't.
278  Economy / Economics / Remember: Bottoms are ALWAYS higher than your idealized entry point on: December 08, 2018, 06:54:27 PM
We've seen it throught the years. You can go and find all the posts, I don't need to do the homework myself for you, I already did. The truth is, you will ALAWYS find a bunch of people predicting bottoms that never arrive, ideal entry points to go all in that never happen.

Those people are the ones that become demented nocoiners which begin FUDding Bitcoin pretty much forever, because they are extremely irate at the fact that they missed the boat because they gambled way too much hoping for a price that was way to low, so the market started going up, they assume it's another "suckers rally" or "dead cat bounce", until eventually it goes full FOMO and they feel suicidal, but it's even worse when the bubble bursts and bottoms above what they were expecting to get in at, so it's a never ending fractal cycle of people becoming salty at the fact that they didn't buy and they have too much of an ego to just get in and deal with it.

https://i.ibb.co/0ZqzLk5/123124123312.png

Famous eternally mad nocoiners such as Peter Schift, Nourini, Mark T Williams, Krugman... you name them.


So the moral of the story is, buy low, but not too low, you may die waiting.
279  Bitcoin / Bitcoin Discussion / Re: Millennials are ‘delusional’ about how rich they’re going to be on: December 08, 2018, 05:38:47 PM
The millennial that think Bitcoin will go to $1,000,000 because they aren't wrong, as Bitcoin going $1,000,000 eventually is a physical fact, as long as Bitcoin is unconfiscatable decentralized hard money measured against fiat currencies.

However, most millennial are extremely short sighted, they want lambos NOW and only NOW, so they will be ironically the ones that sell all the way down to the bottom, and the smart people that understand the game theory involved in the fact that Bitcoin already won, will buy all the cheap coins. Im not saying all millennial are short sighted idiots, but there are a bunch that are. A minority will hold through the next decade and end up on top.

Most boomers and older gens will be smoked tho. They are just too technologically incompetent to know where the blind blows. Just look at Warren Buffet and co. Total fucking morons when it comes to Bitcoin.
280  Bitcoin / Bitcoin Discussion / Re: FUD from Large Media Outlets when BItcoin Goes Down! on: December 06, 2018, 05:13:34 PM
I've made posts showcasing how it was predicted month ago that the media would come back with their usual "downwards spiral due miners leaving all at once" bullshit, and I have found good articles debunking said bullshit:

https://twitter.com/matt_odell/status/1006968132001517584

https://coinjournal.net/debunking-the-bitcoin-death-spiral-theory/amp/?__twitter_impression=true

And I've also found Andreas Antonopolous made a good video on this too:

https://www.youtube.com/watch?v=S3U-4Orqq8Y

Share these so correct noobs from falling for FUDster propaganda.
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