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1601  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Mason Coin on: August 19, 2014, 02:41:33 AM
Please just give up on this coin. It offers nothing new and your energy could be better spent elsewhere,

Besides, I don't even think 'Mason Coin' is the right name for it. That means its a coin for dudes who make and move rocks for a living. What you're thinking, it would be better to call it 'Free Masonry' coin, which is something altogether different.

But I already think I thought more about this coin than you did. Are you even a free mason? Besides trying to make quick and easy money, do you have any reason to make this coin?
1602  Economy / Securities / Re: Is there anything here worth of investing? on: August 19, 2014, 01:34:59 AM
It's tough to find a good alt coin to invest in.  The best advice I can give is:

1) Invest in a coin you like.  I.E , one with solid fundamentals, one that offers something new, etc.  The truly good coins are not likely to become worthless.  
2) Buy in at the bottom, not the top.  I.E you don't say 'hey look wow, GlendallCoin has gone up 300% in the last two weeks, I should get on this train!' . Try to find the bottom or invest in a coin at launch.

There is no way to avoid risk. And right now, pretty much every alt available is been on slide.

Personally I'm just holding hobonickels in alts, because they are at their bottom (IMHO() and are the best PoS coin (the wallet is tops) that generate good interest rates. Research coins, find something you genuinely believe is a good coin, and support it. 

Oh and I should add

3) If your alt has doubled in value, sell some (I'd say half). Or: If things look like they are dumping, get on board.

 I messed this one up a few times, like when I bought a lot of NVC at $5 and should have sold it when it hit $20 but instead waited until it was back down to like $8 before I got out.

I think overall alt coin market is in the shits right now, but this precisely the best time to buy also.  You'll never make money if you only buy alts when the market is doing well (as obvious as that sounds not everyone seems to get this),
1603  Alternate cryptocurrencies / Announcements (Altcoins) / Re: HoboNickels - HBN - Now Celebrating 1 Year! on: August 19, 2014, 01:13:55 AM
Very encouraging to see !  HBN has great fundamentals and an awesome wallet, I think it's a strong buy at less than .00005,and me thinks more folks are starting to realize that!

Or maybe folks are thinking the floor for HBN might be 0.00004 so its a good time to buy. In any case, encouraging signs after the last month of crash.  

 
1604  Alternate cryptocurrencies / Announcements (Altcoins) / Re: HoboNickels - HBN - Now Celebrating 1 Year! on: August 15, 2014, 03:02:30 PM
Wow 30,000 hobo up fer sale on Cryptsy right now.

I think at these prices its a great buy and picked up another bundle.
1605  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] official NovaCoin thread - the original PoS+scrypt coin. --POOL LIST-- on: August 14, 2014, 03:51:14 AM
Stay away from this coin - its developer (Balthazar) support terrorists in Ukraine.
Also he's a crook - stole coins from pool LTCMine.


If you are gonna make wild claims like that you'll be wanting to put up some proof.
1606  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Alt coin to invest in 2014 on: August 14, 2014, 03:47:25 AM
^^ya agreed.

Darkcoin is one of the standouts of the year IMHO, top 3 , but I do think its over-valued when it was one DRK was worth over 0.01 BTC, wow that's high. I still kick myself, was going to buy some at 0.0013 but thought it was too high.  

I personally really like Hobonickels. Not a very popular coin and it lost a lot of its value last few weeks, but I think its fundamentally a great PoS coin, and there is no better PoS coin wallet that I know of.

Amazing how fast the cryptocoin world goes though. Not six months ago I sold a bunch of litecoin at 35 bucks a coin.  I can't believe NVC was trading for $25 at its A.T.H and has gone very steadily to $1. It is very hard...well almost impossible actually,  to imagine what the scene will be like a year from now.
1607  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Alt coin to invest in 2014 on: August 14, 2014, 03:42:40 AM
Even if it is Bill Murray I don't think that will mean much, the actual coin itself has to have something notable about it to stand out from the other 200 'funny' altcoins.
1608  Economy / Economics / Re: Fiat banking in Portugal worsens on: August 14, 2014, 03:03:04 AM
Yup.

Of course fiat banking in Portugal worsens. This is the logical result of the hopeless pit of debt they find themselves in.

The ultra rich elite have pillaged the company and now the magnitude of resources being extracted from the population is set to reach a new level.

This is the fate of most countries. Does it make any sense that entire economies this size are looking at bankruptcy? The monetary system is fundamentally flawed and there is little escape. Any economy pegged to a dollar that is created by a private company borrowing money to itself and charging interest on it will fail. The rate of failure is increased when market protections are removed, such as the Glass Steagall act repeal in 1998.

Pretty much every spokesperson either pretends it isn't so, or doesn't know any better and just reads whats in front of them, or knows better but reads whats in front of them anyways.

This is the simple breakdown of how you move wealth from the citizenry to our owners... only four simple steps!  :

1) Offer debt for 'development' of an economy. (Generally this means local resources being bought out by international conglomerates).

2) When the inevitable and unavoidable down swing of the capitalist economy comes, offer to 'help' by offering large amounts of more debt.

3) The debt becomes so large that more debt is required to just pay for the interest.

4) This continues until the country's markets collapse. Then the owners purchase the country's resources and assets in the inevitable fire sale.  (Or a country can declare bankruptcy, but they would risk severe retaliation through economic policy or military might.)

Bottom line is if you have the same group of people control money, the creation of money, and the currency is unbacked, and all the countries of the world peg their currencies to this fiat funny money then you've been fucked. Expect to make less and less and owe more and more as prices sky rocket.  This isn't propaganda, just look at any charts concerning the concentration of wealth and the growing gulf between everyone and the rich over the last 100 years. Their is the same amount of wealth in the world, its just the people at the top of the pyramid are getting better at taking it. Fiat is debt, and the interest can't be paid. The core functioning premises of our economies are irrational and irreparable, its going to end in collapse and prisons.
1609  Economy / Securities / Re: ASICMINER Speculation Thread on: August 14, 2014, 02:46:53 AM
Could anyone please tell me, if they know offhand, how many shares in total there are? I'm just trying to figure a ballpark estimate of this company's valuation. 
1610  Economy / Securities / Re: [Weexchange issue] The fall of Ukyo III - Updates and references on: August 14, 2014, 02:45:24 AM
xpost:


Reactions? 

Is taking coins which were indisputably mine in order to pay of WEEX's other debts legitimate, criminal, neither, or ambiguous?


Criminal. Ukyo stole over 8000 BTC. He stole your money, and all of the rest of ours, it's pretty simple. His address and real name is in this thread, your only chance to ever see your money again is direct action on your part. As he intended to steal your money he made it quite difficult to sue him, the way his corporation was constructed legally, so there isn't much chance of success down that avenue unless you have a shit-ton of money to put into it.
1611  Economy / Securities / Re: [Weexchange issue] The fall of Ukyo III - Updates and references on: July 29, 2014, 02:01:13 AM
SebastianJu  you have to wake up and smell the coffee man.

Such a dead horse . But anyways, for ole time sake:    Ukyo is on IRC. Who the crap cares? He has said ABSOLUTELY NOTHING of substance on where the 'missing' millions of dollars of stolen bitcoin has gone every week on IRC for what, 8, 9 months now?  So he's available for comment, and just 'can't talk about it'... ?

The situation is far more simple than you make it out to be.

Here is the situation:

Many of thousands of bitcoins were deposited to Ukyo.
Many of thousands of bitcoins were loaned to Ukyo.
Ukyo gave none those coins back.
Ukyo has not said any details on where the missing millions went, after many months.

Those are the key elements of the entire situation. For my 100th and final time:   there is absolutely no situation or justification for owing millions of USD$ worth of bitcoin to debtors and not giving any response on why this happened. There is no NDA or legal agreement from any Earth or Alien court that would bind him not to say anything about the coins gone missing that were deposited to him, unless it was made by some secret court such as the CIA or some other dumb shit which we can very obviously disregard as next to impossible.

What ----  the ----- very highly  ---   most likely --- thing --- that - happened --- here ---- is :      Jon Montroll took debts and either lost them (gambling, investments gone sour etc) or just straight up stole them.

Really, there are next to ZERO other scenarios that could have happened. You are being way to forgiving to a guy that stole or lost millions from the community.  I'd like at least some of your pity for losing my $600 of bitcoin because I could have really used that much more than Jon Montroll.

1612  Economy / Securities / Re: [BitFunder] Moving Forward/Resolution Process on: July 29, 2014, 01:48:19 AM
You might want to give up jbreher.  I tried for about 6 months  straight to get (minority of) people to open their eyes and see that they have been robbed. For those that still think they did not get robbed, I just don't think they understand logic, or how to rationally understand a situation.  Exactly as you said stating the facts, there is no reason to believe that Jon Montroll did not steal millions of dollars worth of bitcoin.  Anyone who doesn't see that they have been robbed is, in my estimation, a moron; or, they just want to hold on to the idea that they may see their coins again so much that they are capable of deluding themselves.

I also was suspicious of SebastianJu being a paid shill or an account of Jon M. as well, as I just don't see how anyone could have any, any, any faith at all in the Jon Montroll, who thousands of bitcoins from his clients and took out a massive loan and bailed on it.  There is ---ZERO--- explanation why he would not at least be able to tell us what happened, at least in vague terms, many months after the 'loss' of the bitcoins.

Unfortunately I also highly doubt any legal proceedings would be worthwhile. He engineered this scam as to be legally insulated, such as registering the company in Bali etc. If Jon Montroll stole a lot of money from you the best you could possibly to is to track him down in real life. Some of his info is out there. Like what happened to some other folks I'm guessing (who went suddenly silent) if you can put enough pressure on him IRL he'll pay you off what he stole from you. 
1613  Bitcoin / Hardware / Re: ANTMINER S3 Discussion and Support Thread. on: July 25, 2014, 01:12:10 AM
Got my two ant s3's in. Whew happy day today!

Two quick questions for anyone, if you have a sec:

1) What's up with the Wifi options in the networking tab? Is this for potential wifi expansion? Was surprised when I seemed to be able to connect o my wifi network with them, but ya must have 'connected' just through my wired connections.  Anyways just want to make sure that there is no wifi right.

2) Does anyone else have trouble connecting to different routers? On this old belkin I have, they connect no problem. On my primary dd-wrt router they have issues. They seem to get an address via dhcp. Then when I go to log into them though, I only get the very first fast 'LAU configuration page' notice or something like that, and then they just always timeout.

I'm still trying to figure them out and why they seem to beep every so often even though they seem to be hashing away okay, but overall, these miners are great.
1614  Economy / Economics / Re: question: how can i grow my bitcoins on: July 22, 2014, 05:42:18 AM
I'd just buy them and hang on to them to be honest.

Speaking from experience, I made about 200% investing and trading in cryptocoins, and lost about 300% and the end of the day, investing and trading in cryptocoins, and being scammed, by theives such as Ukyo Jon Montroll, or super late companies selling pre-order asics, like Avalon.

I would not loan BTC, that seems like far too risky. Really I'd just recommend buying BTC and holding. Mining is not really even profitable anymore IMHO.
1615  Economy / Economics / Re: could decentralized exchanger revolutionize bitcoin? on: July 22, 2014, 05:40:15 AM
After losing bitcoin to the thieving fucking criminal Ukyo / Jon Montroll, who stole millions of dollars worth of bitcoin from users who deposit money into his exchange, I'm pro-pro-pro-PRO decentralized exchanges. I think they are the future, and they make sense with bitcoin. Bitcoin being decentralized in nature should not be dependent on a handful of centralized exchanges.
1616  Economy / Economics / Re: If a 2nd Financial Crisis is looming, how are you preparing? on: July 22, 2014, 05:36:06 AM
A financial collapse is all but assured.

None of the regulation that was reappealed by successive governments, culminating with Clinton and Bush, has been re-enacted.  The markets are more fragile than ever. Many '1st world' countries face bankruptcy.  The largest corporations don't pay any taxes. Unemployed will increase vastly as robots and automated terminals will replace more and more people. Banks effectively set financial rules and own government. Most countries have loans and debts that are impossible to pay.  Consumer borrowing is at all time high.  Funny money fiat is a joke, its made out of nothing -- the Federal Reserve even 'makes' 8% profit for every million bucks they print.  

I could even go on. In short, the ponzi scheme is going to collapse. There is no turning back because bankers call the shots now, and plans for more than a year in advance aren't made.

I'm preparing by investing in assets that will not be worthless, such as bitcoin and physical objects and real estate (hopefully).

Does it even make sense that the richest countries in the world face bankruptcy? Who has the money then? It's such a joke. The only reason why USD is worth as much as it does is because if a country shuns it, it gets invaded or the leaders assassinated by the CIA.  (I can give you the sources for this if you like, not just speaking out of my ass.) And every currency is pegged to the American dollar.  Which is created by a private company lending debt to itself in exchange for tax payer debt. It doesn't even make rational sense.
1617  Bitcoin / Bitcoin Discussion / Re: World Bank Report: Bitcoin is a ‘Naturally Occurring’ Ponzi on: July 22, 2014, 05:28:20 AM
Hah this is such a joke.

Anyone who looked at the situation logically, or even just simply rationally, would see that fiat currencies, which are created out IOUs the banking cartels give each and created out of thin air, with insane inflation and global debts that can never be paid, is far, far, far more a ponzi scheme than is bitcoin, which is a limited commodity created with great difficulty and by nature, an international currency not tied to any failing nation states or funny-money fiat.
1618  Bitcoin / Bitcoin Discussion / Re: Why Anonymity so important to you? on: July 22, 2014, 05:25:47 AM
Anonymity is protection and defence from abuse.

When a system is corrupt and under monopoly control, such as the US dollar, most new regulations brought it are brought it to limit competition and increase control over resources by those that have it.

I'm not sure what the prevailing opinion is. But I'm under the opinion that money should be issued by a government but not controlled by a government, money should be controlled only by those who own it. Bitcoin is just a more logical and simply better system. An anonymous coin such as Darkcoin appeals to me. Regulation is control is protection coming from the haves against the have-nots.

1619  Bitcoin / Bitcoin Discussion / Re: Begining of the END for BTC. Bitcoin is becoming ultra regulated currency on: July 22, 2014, 05:21:30 AM
There are other coins dudes. If you are concerned about regulations, you are welcome to invest in coins such as DarkCoin.  BTC isn't the only crypto in town.

And for all the regulations, bitcoin is difficult to truly challenging to effectively regulate. As opposed to fiat. 
1620  Bitcoin / Bitcoin Discussion / Re: who are those 1% of the new world order of bitcoin economy? on: July 22, 2014, 05:19:30 AM
The thing is with the 1% of the bitcoin wealthiest, they don't control the rest of the network.

The 1% of the wealthiest fiat owners control money. They have a monopoly of money, and the 0.001% richest control the instruments that even make money itself (out of thin air and debt).

That's the really big important difference to keep in mind here.
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