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1441  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: October 24, 2014, 10:52:02 PM

They have banded together [nominally under the Bitstream banner] because they believe this proposal adds considerable value to Bitcoin's infrastructure. Nothing more.
...

The makeup of this group makes them vastly more credible than Mikin 'red-list' Hearndresen and the Bitcoin Foundation circle-jerkers.  I would absolutely consider their work on Bitcoin to be the mainline branch and TBF-associated 'enhancements' to be a side-branch if/when push came to shove.  And very possibly a hostile side-branch.  Hopefully the big miners are clued in and still independent enough to see things the same way.

If Peter Todd came up with a workable generic shared ledger, especially one which employed treechain methods, I'd consider it a (very interesting) alt-ish type thing.



Blockstream:
sipa
bluematt
gmaxwell

BitPay:
jgarzik

TBF:
gavinandresen

Viacoin:
Peter Todd

Independent:?
wumpus (current lead dev)

... plus large number of 'vested-interest' coders making commits, comments and ready to pounce on BS.

I don't see any issues at present.
1442  Bitcoin / Press / Re: [2014-10-24] Bloomberg: Bitcoin Miner Ditches Clients to Chase $2 Billion Coding on: October 24, 2014, 09:35:57 PM
Quote
Since its inception in 2008, bitcoin has been linked to a series of corruption scandals spanning money laundering to payment to view child pornography sites.

stopped reading.

Name a currency that hasn't been linked to money laundering or child pornography?
1443  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 24, 2014, 11:59:40 AM


Care to explain because those lines means nothing in TA terms...the only thing I can tell you is that the very long term chart, the 3 years one(1W candles) is looking very bearish, it indeed looks like a bubble that is bursting..


Most of you wont admit it, but another bubble highly unlikely wont happen, and if the downtrend continue based on the stage of a bubble by Jean-Paul Rodrigue double digits are a very good possible event that we can't really ignore.

... mmmbitdoom for breakfast with your coffee
1444  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 24, 2014, 03:30:24 AM
Why am I not surprised to still see sub-400.  This market is just ridiculous.  It seems apathy is setting in now, even with people who were once bulls.

I guess no one even cares to buy more now?

why buy most of the coins out are either stolen or tied to some scammer!..Wall Street wants nothing to do with this mess!  Tongue

... that's why they call it filthy lucre, there is no such thing as "clean money", it's a utopian fiction sold to you by your totalitarian masters.

btw, Wall St. are as happy as pigs in shite when it comes to filthy money.
1445  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: October 24, 2014, 01:50:32 AM
Two thoughts:

What would Satoshi think of sidechains?

(Hint: I suspect he likes them ... )

What if someone(s) involved with Blockstream is Satoshi?

Now it is all out in the open, like the source code, which for sidechains, does not even exist yet.
1446  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2014, 09:38:21 AM
The MACD is a lagging indicator, without momentum it doesn't mean anything... with this slow market, MACD turning green is not a strong indicator of a reversal.

... and the worm turns.
1447  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: October 21, 2014, 01:14:22 AM
Out of interest: Say you were given the task of designing a portfolio to survive 1000 years, what would it be comprised of?

I want to play!  Initial distribution, given at least $1 million:

20% ancient Greek, Roman, Chinese, & early American coins
20% Eurasian artifacts (suit of armor, Egyptian mummy, Ming vase, & Japanese sword type stuff)
15% French & Italian vineyards
15% English & Swiss orchards & farmland
10% rare books and documents
10% Enlightenment, scientific, industrial, and computer revolution collectibles/artifacts
5% US & Royal Mint bullion
5% crypto (4% Bitcoin + 1% Monero)

100% moon land titles
1448  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: October 20, 2014, 10:13:44 PM
back to the Bitshares thing.  i now realize that it has its own blockchain and is just a variation of the same POS scheme.  sorry, i don't study these alts.

the fact that Daniel Larimer keeps changing the protocol is concerning, not to mention his public nature and those required of the delegate nodes.  the merger with Ethereum indicates to me that both are struggling to come up with a viable solution perhaps never to be found.

... also note Charles Hoskinson has been involved with both BitShares and Ethereum at different stages.
1449  Bitcoin / Press / Re: [2014-10-17] Bitstamp will give unverified accounts to the government on: October 19, 2014, 06:28:25 AM
To ever leave BTC on any exchange is stupid given the recent history.
1450  Bitcoin / Press / Re: [2014-10-15] Bitcoin drug millions seized in Victoria on: October 17, 2014, 08:43:02 AM
"Criminals Like To Use Money"

shock, horror, headline.
1451  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 17, 2014, 01:28:46 AM
HSBC had impeccable KYC/AML policies and practices in place no doubt .... these regulations mean nothing if the people running the show are fundamentally dishonest, it actually makes it worse, since they can hold up these pathetic regs as a fig leaf to cover over the disgusting swamp of corruption.

People have to start wondering if Swamp is involved in a bitcoin grab that perhaps they are about to go tits up?

I mean for the amount of "non-verified" customers, all of whom have btc addresses on file there, why wouldn't they just liquidte and send the btc back instead of this funds confiscation BS?

The BitSwamp is fast earning the Gox reputation in my book ... roll on the decentralised exchanges, it's clear the other way doesn't work with Bitcoins, too much heat on one single center to handle.
1452  Bitcoin / Bitcoin Discussion / Re: bitcoin changing my ideology from socialism to libertarianism! What about you? on: October 16, 2014, 08:30:26 PM
Corporations only have power that is given to them by the state.  Take the power away from the state and the corporations are impotent.  A corporation is nothing more than a legal entity created by the state.

... and their paying customers. Popular consumer and supplier revolt against corporations is effective. People still buy their products voluntarily.
1453  Other / Politics & Society / Re: Wall Observer BTC/USD - Bitcoin price movement tracking on: October 15, 2014, 09:20:54 AM
Quote
In the taxed world of government, it's join or die (read: pay taxes or get arrested), too, I understand that. But at least in this instance, my toilet flushes when I take a shit in it, and I don't have to steal my food. That alone is worth the tax fee to me.

Did you pay for the panopticon surveillance dragnet  that logs in the national database that you probably just took a shit because it records your flushing habits and timings of when your oven switches on? Is it worth your taxes to have armies of psychologists making shit up to feed to mainstream news teams to create widespread confusion and fear when an administrative pollster measures favour for the latest military action flagging?

"Join or die taxation" just gets a whole lot more sinister when you realise you're pulling the yoke for a gigantic killing and enslavement machine and there's nothing you can do about it except fucking pull harder and hope like hell it is someone else that is gonna get killed by the machine.

Most of the pro State comments make out like the State is benevolent, all current evidence to the contrary. We're not talking anymore about big versus small govt., it is a big, facist, malignant, growing out of control  beast of a system you are supporting.
1454  Bitcoin / Bitcoin Discussion / Re: bitcoin changing my ideology from socialism to libertarianism! What about you? on: October 15, 2014, 12:30:09 AM
bitcoin changing your guys religion too now?  Roll Eyes
1455  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 14, 2014, 10:37:01 PM
Ben Lawsky to Speak About the BitLicense Tonight at 6PM EST and will take Q&A
http://cardozolaw.hosted.panopto.com/Panopto/Pages/Viewer.aspx?id=01b5be00-c8df-4688-a1dc-5302b6ca3c7e


Hasn't he got bigger things on Wall St. to worry about?? ... like the NY Fed letting Goldman Sachs be "above the law" in the Carmen Segarra tapes?

http://www.huffingtonpost.com/bartlett-naylor/does-carmen-segarra-expla_b_5961668.html

... too big to jail for little Lawsky?
1456  Bitcoin / Press / Re: [2014-10-12] JP Morgan’s Jamie Dimon: Bitcoin Will “Try to Eat Our Lunch” on: October 14, 2014, 09:22:16 PM
Quote
James Gorman, CEO of Morgan Stanley, agreed.

“You have to be respectful in the face of new technologies like Bitcoin, but you don’t capitulate,” he said. “You adjust and take advantage. Consumers feel better putting their money with a brand they recognize. We have capabilities and resources that are very powerful.”

Joining the dots here, it sounds like Morgan Stanley are positioning to provide old-world branded, 'trusted' bitcoin products and services ... wishful thinking?
1457  Bitcoin / Press / Re: [2014-10-12] JP Morgan’s Jamie Dimon: Bitcoin Will “Try to Eat Our Lunch” on: October 14, 2014, 09:19:00 PM
Quote
"When people form nations, one of the first things they do is form a currency." - Jamie Dimon

"How many nations have had their economies destroyed and peoples impoverished by banksters fiat monopoly currencies?" is rather the question Jamie.
1458  Bitcoin / Press / Re: [2014-10-13] - IB Times - Rise of the New Libertarians on: October 14, 2014, 09:01:32 PM
Most interesting thing I've read about UK politics for awhile now, it's nice to see there are Libertarians in the UK, there was a sort of 'official' Libertarian party but they went extinct a long time ago and were clearly dealing with lots of internal politics.

I may actually donate some coins to these guys if I can get myself a passive income.

Did you dig into the stats there ... looks like the 'kids' really get it, the good voluntarist parts ... and the teens and tweens even more so. They understand that the quantitatively provable ways to help the poor and common man is NOT through more government but less. Bleeding heart libertarians, hah.

Quote
When the Conservative-Liberal Democrat coalition moved in 2013 to cap the total annual benefits a household can receive at £26,000, a YouGov survey found that 54% of 16 to 24-year-olds agreed with it against 16% in opposition.

Quote
Ipsos MORI's Generation Next survey of 11 to 16-year-olds seems to confirm that the ideas of personal responsibility and individualism are growing in appeal among tomorrow's adults.

Just 4% of more than 2,700 secondary school pupils surveyed said the welfare state made them most proud to be British. The winner was Team GB, the Olympians, at 28%. And only 2% said benefits were the most important focus for government spending, though 11% did prioritise looking after the poor.
1459  Bitcoin / Press / [2014-10-13] - IB Times - Rise of the New Libertarians on: October 14, 2014, 05:12:41 AM
http://www.ibtimes.co.uk/rise-new-libertarians-meet-britains-next-political-generation-1469233

Quote
Apps such as taxi ordering service Uber, which has drastically reduced the costs to consumers of a cab journey in the cities where it's used by increasing competition and evading bureaucratic licensing terms.

Or cryptocurrencies such as bitcoin, which operate outside of the realm of financial regulation and monetary policy frameworks, powered organically by a sprawling network of dedicated developers and enthusiasts.

In Howes' words, technology will "undercut a lot of the existing hierarchy".

There's one snag: the state will always try to catch up. The loophole advantage of legal grey areas exploited by new technologies is often closed. Uber has faced court challenges and financial regulators across the world are working out if and how to police cryptocurrencies.

"When the state cracks down on Uber, people see the state cracking down on a technology they like," Salisbury-Jones says.
1460  Bitcoin / Development & Technical Discussion / Re: Looking into forking the core wallet to use parallel computing to verify blocks on: October 14, 2014, 01:04:56 AM
Quote
I made an openCL version of sipa's secp256k1 library. It's on github if someone is interested.

Link?

AMD's probably be better then Nvidia if there a lot of integer steps.
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