enforcing worldwide spread is not easy, and perhaps not doable. They tried doing it with porn in the 90's, file sharing in 2000's and so on... and servers kept over heating and got fried up  As I explained the key distinction upthread, those are free markets because they are decentralized and there is no significant asymmetry of information which makes it otherwise. It pisses me off when readers waste my expensive time by ignoring what I already wrote twice in this thread. This makes three times. Please readers don't make me teach this again by writing another post which ignores my prior points. I still dont understand why your'e calling waves a scam only cuz it made an ico (like everyone now). Its devs are legit, real names with real work behind them. So they thought charles and kushti are friends which will support them, and were wrong, apologized and moved on. everyone got their asses covered legaly ofc.. so if you think all ico's are scams, you got lots of work now not just on waves bro Please clearify. tnx 1. I already provided the link to the thread two or three times in this thread, which explains that ICOs sold to non-accredited USA investors are ostensibly illegal. I hate ICOs by now for other reasons:2. They contribute to the mainstream thinking that crypto-currency is a scam and thus we will have great difficulty getting CC widely adopted if don't put a stop to these scams. 3. They extract capital to a few scammers, which could be better uses to build our real ecosystems that are not vaporware and have real decentralized designs, such as Bitcoin and Monero. 4. They prey on the ignorance of n00b speculators, thus can never be a free market. 5. They can never attain adoption because they destroy the Nash equilibrium and decentralization of the ecosystem: As an example: I can show that dash is an oligarchy, whether intentional or not, due to the way their paynode scheme works. These systems are designed to work trustlessly, so any hiccups (intentional or not) should be invalidated by the design, not left-up to the good or bad intentions of those who are engaged with it.
did the monero wrote that fact about infinite supply in their ann Huh if i was an investard in monero i would feel cheated if it isnt
No one can fork Monero without the support of the decentralized miners. The distinction from the Dash masternode scam, is that a masternode is staked only once with DRK (Dash tokens) and earns 50+% ROI per annum forever after for the largest holders of Dash tokens, thus further centralizing the coin meaning there is a centralized oligarchy which the investors are relying on for their future expecation of profits which afaics fulfills the Howey test for what is an investment security that is regulated by the Securities Act. A decentralized PoW miner is constantly expending on electricity in a competitive free market. Owning a lot of Monero doesn't give you any leverage as a miner. New post to better articulate why permissioned ledger, closed entopy systems likely have no value: The problem with Emunie, as I talked about in the IOTA thread, is that any system that doesn't have permanent coin turnover via mining, removes mining completely, or puts some type of abstraction layer between mining and block reward (as in the case of IOTA), is a permissioned ledger. People got too caught up in trying to improve on consensus mechanisms and forgot what actually constitutes a decentralized currency in the first place.
When Maxwell said he "proved mathematically that Bitcoin couldn't exist" and then it did exist, it was because he didn't take open entropy systems into account. He already knew stuff like NXT or Emunie could exist, but nobody actually considered them to be decentralized. They're distributed but not decentralized. Basically stocks that come from a central authority and then the shareholders attempt to form a nash equilibrium to...siphon fees from other shareholders in a zero sum game because there is no nash equilibrium to be had by outsiders adopting a closed entropy system in the first place...
Take for example the real world use case of a nash equilbrium in finance. There's many rival nations on earth and they're all competing in currency wars, manipulating, devaluing, etc. They would all be better off with an undisputed unit of account that the other can't tamper with for trade. In order to adopt said unit, it would have to be a permissionless system that each nation has access to where one of the group isn't suspected to have an enormous advantage over the others, otherwise they would all just say no.
This is why gold was utilized at all. Yea, some territories had more than others, but nobody actually knew what was under the ground at the time. Everyone just agreed it was scarce, valuable, and nobody really had a monopoly on it. There are really no circumstances where people on an individual level or nation-state level can come together to form any kind of nash equilibrium in a closed entropy system. The market is cornered by design, and for value to increase, others need to willingly submit to the equivalent of an extortion scheme. The only time systems like that have value at all is when governments use coercion to force them onto people.
6. Because they are not decentralized and rely on expectation of profits based on the performance of a core group, ICOs turn what should be a competition for creating the best technology into a fist fucking fest of ad hominem and political games: Let's psychoanalyze those want to troll me with a thread like this. Actually I have no censorship motivated objection about making a thread about me ( I wish so much, it was possible to do something great without attaining any personal fame), it just feels really stupid because I (the idealist in me) think the technology is more important than the person, which is one of the main reasons I hate vaporware ICOs. This thread serves mainly to deflect attention away from Dash's instamine scam.
+1 for conscious reason. The subconscious reason this thread exists is the psychological phenomenon that it is better to destroy everyone, than to fail alone. " I dropped my ice cream in the mud, so now I am throwing mud on your ice cream so we are the same, because God hates us equally". This is what socialism built. Equality is prosperity, because fairness is the uniformity of nature's Gaussian distribution. Equality is a human right! Didn't you know that! They would rather waste the time of important coders whose time would be better spent coding a solution for humanity, so as to satisfy their inability to accept their mistakes and jealousy. 7. ICOs have less liquidity because they are not widely distributed and due to #5: you can read my observations here. Interesting post. The salient quote is of course: Why litecoin? Liquidity. These guys own 5 and 6 digits amount of BTC. They need massive liquidity to increase their holdings by any significant degree. And as such litecoin has been a blessing. Will history repeat itself?
I've had that in my mind for a loooong time. Liquidity is absolutely necessary for the design, marketing, and distribution of crypto-currency, if you want to succeed. |
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Europe is culturally destroyed... USA following in footsteps but will disintegrate instead... you did not state it as a statistical fact...and high crime in area with poverty does not imply the abandonment of rule of law ...it is an inference that is bigoted. One that I find disturbing. It has tainted, greatly my opinion of your. Sorry thats how I feel. and that's a fact
It is a statistical fact that inner cities regions have higher crime rates, but thus by definition a lower respect for the rule of law. Crime can't increase if there aren't more people who disrespect the law or an ineffective legal system that allows repeat offenders. Or a corrupt legal system that prosecutes the innocent. In either case or all of the above, it makes my statement factual. And it is evident by recent protects that the African-american community to some extent feels the justice system is not entirely serving their interests. There is some grey area in there, so I did include the word 'perhaps'. Now would you please stop cluttering the thread with a nonsense attempt to label me as a social misfit. Your biased motivation as a Waves supporter is entirely obvious. And you are also wasting my very expensive time, which is really pissing me off. Stay on topic. Damn it! WTF happened to our world. Instead of engineers and coders, we've become the social misfit conformance cry baby gestapo propaganda slaves. Is that how you young Europeans think about life, that is always about equality as a human right. Fuck man, no wonder Europe is fucking toasted. Entitled spoiled cry babies, who get pissed off when we don't let them make MLM scams to steal from us. WTF happened to our world. Instead of engineers and coders, we've become the social misfit conformance cry baby gestapo propaganda slaves. Is that how you young Europeans think about life, that is always about equality as a human right. Fuck man, no wonder Europe is fucking toasted. Entitled spoiled cry babies, who get pissed off when we don't let them make MLM scams to steal from us.
how to spit on our ancestors fight for rights in 3 lines  don't forget that humanity has not enjoyed such rights for 99% of its existence. The Magna Carta and Bill of Rights didn't propose to make us equal. Get an education and then come back here. Until then, don't let the door hit you in your dumb ass on the way out of here. Bye uneducated dufus. You are now on Ignore along with the other dumb or disingenuous trolls traumschiff and Come-from-Beyond. [...]
As for the USA, it is a mixed bag now. The melting pot was held together by economic opportunity. But now the country is a mix of socialism, bible belt veiled racism/fundamentalism, libertarianism, feminism, militias, etc.. As Armstrong has predicted, the USA will break apart into regions. It can not sustain the melting pot once the economic opportunity begins to collapse after 2018. This is what socialism killed. Well we were never really united, it was just a mirage of immigrants suppressing their own cultures and language when they arrived so they could attain economic advancement. This was because we were in the past discriminating against those who didn't adopt our culture. But political correctness killed that and so now the USA will fracture.
This is fact.
Liberals hate the damned facts. But facts are facts.
P.S. As for the European Union ... shudder ... there is actually more opportunity in Russia and Eastern Europe, but we'll have to see if they can get their act together in terms of rule of law and not rule by an oligarchy and then taking out their frustrations on us in the west. We have enough of our own problems and so can't be a target of your angst at your own corrupt system.
This thread serves mainly to deflect attention away from Dash's instamine scam.
+1 for conscious reason. The subconscious reason this thread exists is the psychological phenomenon that it is better to destroy everyone, than to fail alone. " I dropped my ice cream in the mud, so now I am throwing mud on your ice cream so we are the same, because God hates us equally". This is what socialism built. Equality is prosperity, because fairness is the uniformity of nature's Gaussian distribution. Equality is a human right! Didn't you know that! They would rather waste the time of important coders whose time would be better spent coding a solution for humanity, so as to satisfy their inability to accept their mistakes and jealousy. |
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Europe is culturally destroyed... USA following in footsteps but will disintegrate instead... you did not state it as a statistical fact...and high crime in area with poverty does not imply the abandonment of rule of law ...it is an inference that is bigoted. One that I find disturbing. It has tainted, greatly my opinion of your. Sorry thats how I feel. and that's a fact
It is a statistical fact that inner cities regions have higher crime rates, but thus by definition a lower respect for the rule of law. Crime can't increase if there aren't more people who disrespect the law or an ineffective legal system that allows repeat offenders. Or a corrupt legal system that prosecutes the innocent. In either case or all of the above, it makes my statement factual. And it is evident by recent protects that the African-american community to some extent feels the justice system is not entirely serving their interests. There is some grey area in there, so I did include the word 'perhaps'. Now would you please stop cluttering the thread with a nonsense attempt to label me as a social misfit. Your biased motivation as a Waves supporter is entirely obvious. And you are also wasting my very expensive time, which is really pissing me off. Stay on topic. Damn it! WTF happened to our world. Instead of engineers and coders, we've become the social misfit conformance cry baby gestapo propaganda slaves. Is that how you young Europeans think about life, that is always about equality as a human right. Fuck man, no wonder Europe is fucking toasted. Entitled spoiled cry babies, who get pissed off when we don't let them make MLM scams to steal from us. WTF happened to our world. Instead of engineers and coders, we've become the social misfit conformance cry baby gestapo propaganda slaves. Is that how you young Europeans think about life, that is always about equality as a human right. Fuck man, no wonder Europe is fucking toasted. Entitled spoiled cry babies, who get pissed off when we don't let them make MLM scams to steal from us.
how to spit on our ancestors fight for rights in 3 lines don't forget that humanity has not enjoyed such rights for 99% of its existence. The Magna Carta and Bill of Rights didn't propose to make us equal. Get an education and then come back here. Until then, don't let the door hit you in your dumb ass on the way out of here. Bye uneducated dufus. You are now on Ignore along with the other dumb or disingenuous trolls traumschiff and Come-from-Beyond. [...]
As for the USA, it is a mixed bag now. The melting pot was held together by economic opportunity. But now the country is a mix of socialism, bible belt veiled racism/fundamentalism, libertarianism, feminism, militias, etc.. As Armstrong has predicted, the USA will break apart into regions. It can not sustain the melting pot once the economic opportunity begins to collapse after 2018. This is what socialism killed. Well we were never really united, it was just a mirage of immigrants suppressing their own cultures and language when they arrived so they could attain economic advancement. This was because we were in the past discriminating against those who didn't adopt our culture. But political correctness killed that and so now the USA will fracture.
This is fact.
Liberals hate the damned facts. But facts are facts.
P.S. As for the European Union ... shudder ... there is actually more opportunity in Russia and Eastern Europe, but we'll have to see if they can get their act together in terms of rule of law and not rule by an oligarchy and then taking out their frustrations on us in the west. We have enough of our own problems and so can't be a target of your angst at your own corrupt system.
This thread serves mainly to deflect attention away from Dash's instamine scam.
+1 for conscious reason. The subconscious reason this thread exists is the psychological phenomenon that it is better to destroy everyone, than to fail alone. " I dropped my ice cream in the mud, so now I am throwing mud on your ice cream so we are the same, because God hates us equally". This is what socialism built. Equality is prosperity, because fairness is the uniformity of nature's Gaussian distribution. Equality is a human right! Didn't you know that! They would rather waste the time of important coders whose time would be better spent coding a solution for humanity, so as to satisfy their inability to accept their mistakes and jealousy. |
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Europe is culturally destroyed... USA following in footsteps but will disintegrate instead... you did not state it as a statistical fact...and high crime in area with poverty does not imply the abandonment of rule of law ...it is an inference that is bigoted. One that I find disturbing. It has tainted, greatly my opinion of your. Sorry thats how I feel. and that's a fact
It is a statistical fact that inner cities regions have higher crime rates, but thus by definition a lower respect for the rule of law. Crime can't increase if there aren't more people who disrespect the law or an ineffective legal system that allows repeat offenders. Or a corrupt legal system that prosecutes the innocent. In either case or all of the above, it makes my statement factual. And it is evident by recent protects that the African-american community to some extent feels the justice system is not entirely serving their interests. There is some grey area in there, so I did include the word 'perhaps'. Now would you please stop cluttering the thread with a nonsense attempt to label me as a social misfit. Your biased motivation as a Waves supporter is entirely obvious. And you are also wasting my very expensive time, which is really pissing me off. Stay on topic. Damn it! WTF happened to our world. Instead of engineers and coders, we've become the social misfit conformance cry baby gestapo propaganda slaves. Is that how you young Europeans think about life, that is always about equality as a human right. Fuck man, no wonder Europe is fucking toasted. Entitled spoiled cry babies, who get pissed off when we don't let them make MLM scams to steal from us. WTF happened to our world. Instead of engineers and coders, we've become the social misfit conformance cry baby gestapo propaganda slaves. Is that how you young Europeans think about life, that is always about equality as a human right. Fuck man, no wonder Europe is fucking toasted. Entitled spoiled cry babies, who get pissed off when we don't let them make MLM scams to steal from us.
how to spit on our ancestors fight for rights in 3 lines don't forget that humanity has not enjoyed such rights for 99% of its existence. The Magna Carta and Bill of Rights didn't propose to make us equal. Get an education and then come back here. Until then, don't let the door hit you in your dumb ass on the way out of here. Bye uneducated dufus. You are now on Ignore along with the other dumb or disingenuous trolls traumschiff and Come-from-Beyond. [...]
As for the USA, it is a mixed bag now. The melting pot was held together by economic opportunity. But now the country is a mix of socialism, bible belt veiled racism/fundamentalism, libertarianism, feminism, militias, etc.. As Armstrong has predicted, the USA will break apart into regions. It can not sustain the melting pot once the economic opportunity begins to collapse after 2018. This is what socialism killed. Well we were never really united, it was just a mirage of immigrants suppressing their own cultures and language when they arrived so they could attain economic advancement. This was because we were in the past discriminating against those who didn't adopt our culture. But political correctness killed that and so now the USA will fracture.
This is fact.
Liberals hate the damned facts. But facts are facts.
P.S. As for the European Union ... shudder ... there is actually more opportunity in Russia and Eastern Europe, but we'll have to see if they can get their act together in terms of rule of law and not rule by an oligarchy and then taking out their frustrations on us in the west. We have enough of our own problems and so can't be a target of your angst at your own corrupt system.
This thread serves mainly to deflect attention away from Dash's instamine scam.
+1 for conscious reason. The subconscious reason this thread exists is the psychological phenomenon that it is better to destroy everyone, than to fail alone. " I dropped my ice cream in the mud, so now I am throwing mud on your ice cream so we are the same, because God hates us equally". This is what socialism built. Equality is prosperity, because fairness is the uniformity of nature's Gaussian distribution. Equality is a human right! Didn't you know that! They would rather waste the time of important coders whose time would be better spent coding a solution for humanity, so as to satisfy their inability to accept their mistakes and jealousy. |
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Europe is culturally destroyed... you did not state it as a statistical fact...and high crime in area with poverty does not imply the abandonment of rule of law ...it is an inference that is bigoted. One that I find disturbing. It has tainted, greatly my opinion of your. Sorry thats how I feel. and that's a fact
It is a statistical fact that inner cities regions have higher crime rates, but thus by definition a lower respect for the rule of law. Crime can't increase if there aren't more people who disrespect the law or an ineffective legal system that allows repeat offenders. Or a corrupt legal system that prosecutes the innocent. In either case or all of the above, it makes my statement factual. And it is evident by recent protects that the African-american community to some extent feels the justice system is not entirely serving their interests. There is some grey area in there, so I did include the word 'perhaps'. Now would you please stop cluttering the thread with a nonsense attempt to label me as a social misfit. Your biased motivation as a Waves supporter is entirely obvious. And you are also wasting my very expensive time, which is really pissing me off. Stay on topic. Damn it! WTF happened to our world. Instead of engineers and coders, we've become the social misfit conformance cry baby gestapo propaganda slaves. Is that how you young Europeans think about life, that is always about equality as a human right. Fuck man, no wonder Europe is fucking toasted. Entitled spoiled cry babies, who get pissed off when we don't let them make MLM scams to steal from us. WTF happened to our world. Instead of engineers and coders, we've become the social misfit conformance cry baby gestapo propaganda slaves. Is that how you young Europeans think about life, that is always about equality as a human right. Fuck man, no wonder Europe is fucking toasted. Entitled spoiled cry babies, who get pissed off when we don't let them make MLM scams to steal from us.
how to spit on our ancestors fight for rights in 3 lines don't forget that humanity has not enjoyed such rights for 99% of its existence. The Magna Carta and Bill of Rights didn't propose to make us equal. Get an education and then come back here. Until then, don't let the door hit you in your dumb ass on the way out of here. Bye uneducated dufus. You are now on Ignore along with the other dumb or disingenuous trolls traumschiff and Come-from-Beyond. |
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WTF happened to our world. Instead of engineers and coders, we've become the social misfit conformance cry baby gestapo propaganda slaves. Is that how you young Europeans think about life, that is always about equality as a human right. Fuck man, no wonder Europe is fucking toasted. Entitled spoiled cry babies, who get pissed off when we don't let them make MLM scams to steal from us.
how to spit on our ancestors fight for rights in 3 lines don't forget that humanity has not enjoyed such rights for 99% of its existence. The Magna Carta and Bill of Rights didn't propose to make us equal. Get an education and then come back here. Until then, don't let the door hit you in your dumb ass on the way out of here. Bye uneducated dufus. You are now on Ignore along with the other dumb or disingenuous trolls traumschiff and Come-from-Beyond. |
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There won't be any P&D, because no one will be able to buy enough and concentrate enough ownership to make it worthwhile or possible to manipulate.
Proof except promises? Yes there will be more or less a proof that no one amassed 30% of the coin supply. And I believe it will be possible to prove from the block chain how many verified users have coins and how many coins they have. But let's wait to see the final decision before I can promise if that information will be on the block chain. I don't think that information will be mandatory, as I don't think we want a KYC block chain. As you can see, I am not (at least not initially) going after the anonymity features. |
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You don't seem to hate vaporware in general tho, because you like to advertise your own after every self-spam campaign in every thread you visit since months if not years.
Agree, and based on this I made my conclusion above that he is actually promoting his upcoming P&D, but after I had to agree with smooth that it is quite unfair to make such accusation. Still, the fact is, as you said that he has been promoting his vaporware. TPTB_need_war is a good man when he is in a right mindset and he contributed a lot to this forum already. Lets hope he is promoting his vaporware for ethical and honest reasons. I hate if someone is asking someone to do something based on vaporware. Am I asking anyone IN PUBLIC to do anything because of my plans? No! If I ask people to buy a Tshirt to help me finance my coding, that is not a big loss for them. They get a cool Tshirt and no promises other than my reputation and best attempt to do the job. IN PRIVATE, I have every right to take angel (aka private placement) investment from accredited or sophisticated investors who understand the risks. How many times have I said I will not be involved in any P&D. If ever I am able to reach my goal of launching a crypto-currency, it will be very very widely distributed, much more than Bitcoin. If not (i.e. if distribution fails and can't be fixed), I will disown it and walk away and destroy/burn my coins by spending them to a unspendable address. There won't be any P&D, because no one will be able to buy enough and concentrate enough ownership to make it worthwhile or possible to manipulate. At least not unless it happens by some market force I can't design into the protocol such as most users dumping their coins to a whale. But decentralized markets that have a functioning use as a currency token, don't usually fail like that. When the Communists gave land back to the peasants or in another case of Auroracoin, those holders dumped all to the whales because they didn't know how to use nor have a use for the asset. |
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Europe is culturally destroyed... you did not state it as a statistical fact...and high crime in area with poverty does not imply the abandonment of rule of law ...it is an inference that is bigoted. One that I find disturbing. It has tainted, greatly my opinion of your. Sorry thats how I feel. and that's a fact
It is a statistical fact that inner cities regions have higher crime rates, but thus by definition a lower respect for the rule of law. Crime can't increase if there aren't more people who disrespect the law or an ineffective legal system that allows repeat offenders. Or a corrupt legal system that prosecutes the innocent. In either case or all of the above, it makes my statement factual. And it is evident by recent protects that the African-american community to some extent feels the justice system is not entirely serving their interests. There is some grey area in there, so I did include the word 'perhaps'. Now would you please stop cluttering the thread with a nonsense attempt to label me as a social misfit. Your biased motivation as a Waves supporter is entirely obvious. And you are also wasting my very expensive time, which is really pissing me off. Stay on topic. Damn it! WTF happened to our world. Instead of engineers and coders, we've become the social misfit conformance cry baby gestapo propaganda slaves. Is that how you young Europeans think about life, that is always about equality as a human right. Fuck man, no wonder Europe is fucking toasted. Entitled spoiled cry babies, who get pissed off when we don't let them make MLM scams to steal from us. WTF happened to our world. Instead of engineers and coders, we've become the social misfit conformance cry baby gestapo propaganda slaves. Is that how you young Europeans think about life, that is always about equality as a human right. Fuck man, no wonder Europe is fucking toasted. Entitled spoiled cry babies, who get pissed off when we don't let them make MLM scams to steal from us.
how to spit on our ancestors fight for rights in 3 lines don't forget that humanity has not enjoyed such rights for 99% of its existence. The Magna Carta and Bill of Rights didn't propose to make us equal. Get an education and then come back here. Until then, don't let the door hit you in your dumb ass on the way out of here. Bye uneducated dufus. You are now on Ignore along with the other dumb or disingenuous trolls traumschiff and Come-from-Beyond. |
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But why should it dip at all? Unfortunately, I can't afford the Gold report. The dip was announced for 2016 Q1, so far it hasn't occurred.
It is not exactly what Arsmtrong has "announced". It seems you are looking for guarantees from Armstrong and from his often wrong interpreter, TPTB_need_war. On the other hand, Armstrong provides you with signals which are always conditional. True. I have stated that many times upthread. The slingshot scenario is currently the favored one though. And the recent Fed emergency meetings seems to make it much more likely. |
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Charles If I were you I'd delete this post completely or make it self-moderated, at least.
He can't delete it and he can't self-moderate it after the fact. He can only lock it. And any of those actions will be taken in a negative light as if he has something to hide. We know you don't want this information published here and for obvious reasons. I bet Charles will become much more careful about whom he chooses to "have talks" with in the future. |
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Let's psychoanalyze those want to troll me with a thread like this. Actually I have no censorship motivated objection about making a thread about me ( I wish so much, it was possible to do something great without attaining any personal fame), it just feels really stupid because I (the idealist in me) think the technology is more important than the person, which is one of the main reasons I hate vaporware ICOs. This thread serves mainly to deflect attention away from Dash's instamine scam.
+1 for conscious reason. The subconscious reason this thread exists is the psychological phenomenon that it is better to destroy everyone, than to fail alone. " I dropped my ice cream in the mud, so now I am throwing mud on your ice cream so we are the same, because God hates us equally". This is what socialism built. Equality is prosperity, because fairness is the uniformity of nature's Gaussian distribution. Equality is a human right! Didn't you know that! They would rather waste the time of important coders whose time would be better spent coding a solution for humanity, so as to satisfy their inability to accept their mistakes and jealousy. |
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This thread serves mainly to deflect attention away from Dash's instamine scam.
+1 for conscious reason. The subconscious reason this thread exists is the psychological phenomenon that it is better to destroy everyone, than to fail alone. " I dropped my ice cream in the mud, so now I am throwing mud on your ice cream so we are the same, because God hates us equally". This is what socialism built. Equality is prosperity, because fairness is the uniformity of nature's Gaussian distribution. Equality is a human right! Didn't you know that! They would rather waste the time of important coders whose time would be better spent coding a solution for humanity, so as to satisfy their inability to accept their mistakes and jealousy. |
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I am wondering if the conclusion from MA's and your prediction that the smartest thing to do, would be to invest in
dollars now, wait for everything to go down in late 2016, then invest in pm, blue chip and crypto and sell when
the market goes up in 2017/2018?
Basically that is the general idea. But I am not sure if BTC will decline. Armstrong didn't write about crypto price expectations. I correlated it to gold, because both are small cap, privacy (hedge against government and public investments) assets. But what to do after that? Since the big crash will come around 2020? Where to invest in those times? Remain in pm and crypto?
Yeah probably out of paper into hard assets and maybe crypto if it can remain viable. And maybe investments in hi-tech and bottom in Asia around 2020. Also, I've noticed that you predict the us market to go up in 2018 and TA talks about 2017? I'm also wondering why you predict gold to go down to 850? If the stock market
goes down 2016.75, wouldn't it make sense that gold goes up in a panic reaction? Also, do you have any opinion/prediction about mining stocks?
Did gold go up in 2008 when the stock market collapsed. I'd get out of mining stocks as quickly as you can. But why should it dip at all? Unfortunately, I can't afford the Gold report. The dip was announced for 2016 Q1, so far it hasn't occurred.
The delay was because the Fed decided to delay raising interest rates to aid Europe, China, etc.. But the recent emergency Fed meetings were be because the market is raising rates and the Fed is losing control. |
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I am wondering if the conclusion from MA's and your prediction that the smartest thing to do, would be to invest in
dollars now, wait for everything to go down in late 2016, then invest in pm, blue chip and crypto and sell when
the market goes up in 2017/2018?
Basically that is the general idea. But I am not sure if BTC will decline. Armstrong didn't write about crypto price expectations. I correlated it to gold, because both are small cap, privacy (hedge against government and public investments) assets. But what to do after that? Since the big crash will come around 2020? Where to invest in those times? Remain in pm and crypto?
Yeah probably out of paper into hard assets and maybe crypto if it can remain viable. And maybe investments in hi-tech and bottom in Asia around 2020. Also, I've noticed that you predict the us market to go up in 2018 and TA talks about 2017? I'm also wondering why you predict gold to go down to 850? If the stock market
goes down 2016.75, wouldn't it make sense that gold goes up in a panic reaction? Also, do you have any opinion/prediction about mining stocks?
Did gold go up in 2008 when the stock market collapsed. I'd get out of mining stocks as quickly as you can. But why should it dip at all? Unfortunately, I can't afford the Gold report. The dip was announced for 2016 Q1, so far it hasn't occurred.
The delay was because the Fed decided to delay raising interest rates to aid Europe, China, etc.. But the recent emergency Fed meetings were be because the market is raising rates and the Fed is losing control. |
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[...]
As for the USA, it is a mixed bag now. The melting pot was held together by economic opportunity. But now the country is a mix of socialism, bible belt veiled racism/fundamentalism, libertarianism, feminism, militias, etc.. As Armstrong has predicted, the USA will break apart into regions. It can not sustain the melting pot once the economic opportunity begins to collapse after 2018. This is what socialism killed. Well we were never really united, it was just a mirage of immigrants suppressing their own cultures and language when they arrived so they could attain economic advancement. This was because we were in the past discriminating against those who didn't adopt our culture. But political correctness killed that and so now the USA will fracture.
This is fact.
Liberals hate the damned facts. But facts are facts.
P.S. As for the European Union ... shudder ... there is actually more opportunity in Russia and Eastern Europe, but we'll have to see if they can get their act together in terms of rule of law and not rule by an oligarchy and then taking out their frustrations on us in the west. We have enough of our own problems and so can't be a target of your angst at your own corrupt system.
This thread serves mainly to deflect attention away from Dash's instamine scam.
+1 for conscious reason. The subconscious reason this thread exists is the psychological phenomenon that it is better to destroy everyone, than to fail alone. " I dropped my ice cream in the mud, so now I am throwing mud on your ice cream so we are the same, because God hates us equally". This is what socialism built. Equality is prosperity, because fairness is the uniformity of nature's Gaussian distribution. Equality is a human right! Didn't you know that! They would rather waste the time of important coders whose time would be better spent coding a solution for humanity, so as to satisfy their inability to accept their mistakes and jealousy. |
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crypto ICO's are GREY area and will remain so for much longer time, and when that time comes (years),
There will not be a witchhunt like you imply, cause this is a worldwide phenomenon and as long as these companies will use the funds to pay devs and developments,
And those coins/token will be used on the platforms for various actions, There aint nothing wrong with it, for now.
And if there will be, it will be taxing not prosecuting, imho.
Why dont you say DASH will be prosecuted for instamine, and bitcoin as well for that matter?
Btw, you should study the history of how the government first allows the public to run amok, then it steps in with regulation and makes examples of the egregious cases. Remember the government has a monopoly on crime and they do enforce that monopoly. I do say DASH will also perhaps be prosecuted. I also added to my prior post. |
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First of all, you lost all my trust when saying, "even the filipinos agree the US is supreme"
Logically you should separate your objective research of the law from this nonsense attempt to try to frame me as a racist. I've been living in the Philippines mostly since I was 26 years old. I will be 51 in June. I know about filipinos much better than you do. Filipinos even criticize themselves for admiring the USA too much. I tried in the past to argue to normal filipinos that the USA is really not the paradise they think it is on television. The word 'supreme' was not my choice. It was the choice of the troll in this thread who was trying to shift the discussion to one of trying to frame me as a racist to deflect attention away from the scam Waves. I would rather say that filipinos are envious of their countrymen who are able to migrate to the USA, because they think we have better governance and more economic opportunity. They criticize their own countrymen for refusing to follow even basic laws such as not littering, not urinating in the road, making illegal U turns in the middle of a 6 lane highway, driving the wrong direction on the highway at high speeds, and just about every way you can imagine that filipinos ignore their own laws. perhaps they learned it from 400 years of occupation by the Spanish. At least the USA built them schools and let them go independent with a minimum of fuss. Having said that, they say the USA is lonely and they love their home and their culture. They do criticize the USA for being too liberated, too much divorce, and for losing some of the conservative family values that are so cherished by filipinos. One thing you don't understand about filipinos and perhaps the most important fact about their culture, is that filipinos first and foremost want to have fun every day. And they love to share everything with each other, including strangers and foreigners. So they don't hate foreigners. They actually want to admire you. Even young boys will become your best friend if you play sports with them or otherwise be a true friend and guiding hand (but the fucking pedophiles take advantage!). So if you are up for a party, they are always ready. You will never feel lonely and they hate to be alone. They always want a zillion people in the house and as much talking and noise going on as possible. Generally speaking. There are always exceptions of course in any culture. As for the USA, it is a mixed bag now. The melting pot was held together by economic opportunity. But now the country is a mix of socialism, bible belt veiled racism/fundamentalism, libertarianism, feminism, militias, etc.. As Armstrong has predicted, the USA will break apart into regions. It can not sustain the melting pot once the economic opportunity begins to collapse after 2018. This is what socialism killed. Well we were never really united, it was just a mirage of immigrants suppressing their own cultures and language when they arrived so they could attain economic advancement. This was because we were in the past discriminating against those who didn't adopt our culture. But political correctness killed that and so now the USA will fracture. This is fact. Liberals hate the damned facts. But facts are facts. P.S. As for the European Union ... shudder ... there is actually more opportunity in Russia and Eastern Europe, but we'll have to see if they can get their act together in terms of rule of law and not rule by an oligarchy and then taking out their frustrations on us in the west. We have enough of our own problems and so can't be a target of your angst at your own corrupt system.
Edit: Let's psychoanalyze those want to troll me with a thread like this. Actually I have no censorship motivated objection about making a thread about me ( I wish so much, it was possible to do something great without attaining any personal fame), it just feels really stupid because I (the idealist in me) think the technology is more important than the person, which is one of the main reasons I hate vaporware ICOs. This thread serves mainly to deflect attention away from Dash's instamine scam.
+1 for conscious reason. The subconscious reason this thread exists is the psychological phenomenon that it is better to destroy everyone, than to fail alone. " I dropped my ice cream in the mud, so now I am throwing mud on your ice cream so we are the same, because God hates us equally". This is what socialism built. Equality is prosperity, because fairness is the uniformity of nature's Gaussian distribution. Equality is a human right! Didn't you know that! They would rather waste the time of important coders whose time would be better spent coding a solution for humanity, so as to satisfy their inability to accept their mistakes and jealousy. |
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I want to make one clarification. I stated upthread that I had not attempted to communicate with Charles since we last had some regular communication back when he had left Bitshares and was searching for his next major project. I want to clarify that I have sent some PMs to Charles, such as recent one with a link to a more detailed summary of the health saga I went through since 2013. Also I sent him a recent message commending on one of the points in his recent January presentation about the importance of block chains. My point upthread in alluding to that I am close by to IOHK's Hong Kong office is not a request to meet. It is just saying hello and btw I am nearby. I also had sent Charles one incoherent message some months ago in Skype and he responded "what is this?" and I said "related to my health and apologies just ignore it because I know your busy" or something close to that. Some background information is important for readers (and Charles) to understand my thinking. Originally back in afair 2014 before he formed Ethereum, I briefly text chatted with Charles about my ideas for a crypto-currency project, but I informed Charles I wasn't ready to launch a project that would raise a lot of money and be a big thing with so many mouths to feed. I told him I wanted to prod along by myself for the time being or maybe with one other engineer, but not some big production. When I saw what was happening with Ethereum, I was so happy I hadn't gone that direction. I and many others here knew that was going to a clusterfuck waste of money. So for the longest time, I felt that I would not want to work with Charles because I don't like that style of developing a software company. You don't put a 20 year old guy in charge of $15 million. Duh. And surround him with so much overhead. Cripes I created Neocept WordUp at that age all by myself in my bedroom coding night and day and sleeping under my desk with no funding until after I shipped the software. So while I remained what I consider friendly with Charles despite no ongoing communication, I had this wariness about whether I would ever get involved professionally with Charles, although I also respect some of his insights and the way he presents talks. And I also like Charles from what I remember he is a very amiable and also an intelligent, honest person. So recently when I discovered Charles had tried to advise Ethereum to blacklist USA non-accredited investors and when they refused he left Ethereum, my respect for him rose immensely. And I started to think, "hey maybe I could work with Charles, he has good ethics". At the moment I am not speaking as the CEO of any company, thus I don't need to be diplomatic. I can speak frankly as a person. Of course I understand Charles has to be concerned with political interpretations and thus is more careful with his words. If he is offended by my frank statements herein, so be it. My work is continuing and I can't see any reason I need to be associated with IOHK. I was just saying hello. My posts in this thread reflect my true angst about crypto-currency being seen as nefarious by the mainstream. We can't get out of that gutter unless we stop making excuses for scammers. I am also pissed to see that crypto-currency speculation has enabled a means by which those who come from places that have less respect for the rule of law can scam westerners on the other side of the globe. This is all setting up for a globalized regulation, which is coming... Yet I also see a former research scientist from Microsoft involved in selling AMP vaporware tokens for Synereo. It is the new wild west of laissez-faire capitalism. But it does appear to be quite illegal. We will see how it all comes crashes down and who ends up with jail time years down the line. |
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I see mprep (moderator) deleted a lot of the noise from the thread (including my responses) as I requested that he do. I had reported the ad hominem attacks which were devoid of any information, and asked the moderator to delete my replies and the attacks. My (wild guess) opinion/speculation follows. I can read between the lines too, as many of you probably did also. Kushti is friends with Sasha. Kushti is a Russian who isn't hung up on formalities of laws we have in the West and is primarily interested in developing the code and having enough money to afford better lighting in his dingy apartment (this is a joke for anyone who has seen the Waves Hangout video). I guesstimate that Kushti doesn't have an ethical stance against ICOs and he probably thinks it was all just hunkydory.
Boy I dont' quite know whether you're conscientiously wrote down that shockingly stupid and pretty racist crap or you're just a mindless zombie repeating stereotypes got during Crappy Nonsense Network (CNN) or other media paranoia consumption. Anyway I would like to suggest you to get rid of the brainwashing. I'm pretty sure my advise will be ignored though. Trying to discern statistical facts is not racism. If I say that blacks in the USA are much more likely to commit murder, that is a statistic fact. It doesn't make me a racist. I attended an elementary in Baton Rouge where my sister and I were the only non-negro kids in the entire school. Your racism attack won't stick on me. Find another excuse. I already stated upthread that my sample size is too small to draw conclusions, but that my first exposure to Russians and Eastern Europeans has come in crypto-currency (and in my attempt to hire a virtual programmer via Upwork.com). I had the same experience at Upwork as David Zimbeck explained recently which is they basically scam you the employer. I see these Russian and Eastern European developers creating these centralized MLM marketing scams such as Iota, Waves, Nxt, etc.. Then again, we do have the Larimers as an American outlier with the Bitshares MLM scam, but I could see early on in my forum discussions with Daniel and Charles back when they were both on Bitshares that Daniel was always proposing designs that were the antithesis of decentralization such as his long-standing crap about paying a net dividend to token holders. Yesterday I happenstanced across the following statement from Martin Armstrong who was the world's largest hedge fund manager ever, managing some $2 trillion or so for the Japanese Postal fund and others. Many argue you cannot do business in Russia or China because they still lack the RULE OF LAW. I am sorry, but so does New York City. When I asked a lawyer in New York why the government never charges bankers; his response was telling: “You do not shit where you eat.” There is simply no hope to save the system anymore without a complete crash and burn.
So kushti I hope and think you are an exception and perhaps with Charles' guidance, or that my sample size was too small and that most Russians and Eastern Europeans have a law abiding culture. I am lacking enough data but I have not been thrilled with experience thus far interacting with people from your side of the globe. And your reaction here adds to that bad experience. Why not just be more frank with yourself and admit you made the mistake of associating with a guy (Sasha, or a group?) who is pushing some scammy ICO on Western investors because for sure he can't sell that shit in Russian to Russians, and ostensibly without them breaking his legs after the crap implodes down the line. I know there is a lot of highly educated people in your corner of the world, and I think it is damn shame if they can't use that skill productively without trying to take advantage of others in zero-sum games. It seems you are trying to do something productive and honest with Charles' lead and if so, then I applaud your effort. And you have my best wishes. But please cut out the bullshit and be honest with yourself. Don't blame your poor discernment on me. You should have seen from the getgo that Sasha was trouble and avoided him. He is apparently not very technically talented and is a mere promoter and talker. I hate bullshit. Just state the way it really is. One of the very important lessons to learn in life, is that the people you don't keep far away from you, can be your more devastating mistake. In running a business, selecting the right people to associate with is critical. Associating with fly-by-night Russian pumpers is obviously not going to reflect very well on IOHK's prospects for the future. First we have Charles associating with the Russian Vitalik who has wasted $15 million and then ETH has been pumped on some hype that breaks Nash equilibrium, to raise more $millions to waste. I was commending Charles' on making a solid decision to not have his company associated with those who occupy the gutter and have no respect for international legal issues. If Charles doesn't want to be associated with my frank comments, so be it. I don't mince my words. I am a straight shooter. |
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