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1381  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 08:12:41 PM
i find 21's two yr experience in mining very encouraging/exciting in anticipation of their ability to roll out relevant IOT asic chips, esp for smartphones.  that should drive things like batshit:

https://i.imgur.com/keXaz8c.png

Where are those images coming from? I saw it posted on reddit, but what's the actual source?

their ip address.  i think.

I don't understand... how can an image come from an ip address?

yeah, not sure where it came from.  am going to ask the OP.
1382  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 08:09:12 PM
i find 21's two yr experience in mining very encouraging/exciting in anticipation of their ability to roll out relevant IOT asic chips, esp for smartphones.  that should drive things like batshit:

https://i.imgur.com/keXaz8c.png

Where are those images coming from? I saw it posted on reddit, but what's the actual source?

their ip address.  i think.

I don't understand... how can an image come from an ip address?

hold on.  i'm trying to find the source of 45.55.165.166
1383  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 08:05:07 PM
i find 21's two yr experience in mining very encouraging/exciting in anticipation of their ability to roll out relevant IOT asic chips, esp for smartphones.  that should drive things like batshit:

https://i.imgur.com/keXaz8c.png

Where are those images coming from? I saw it posted on reddit, but what's the actual source?

their ip address.  i think.
1384  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 08:02:29 PM
kazuki, & the other Monero and 1MB pimps.

I think this makes us about even: you were a few months before me in shifting from silver to BTC, and I was a little bit before you in the transition from BTC to Monero.

except i'm not making any transition to Monero.  oh well...
1385  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 08:00:48 PM
i find 21's two yr experience in mining very encouraging/exciting in anticipation of their ability to roll out relevant IOT asic chips, esp for smartphones.  that should drive things like batshit:

https://i.imgur.com/keXaz8c.png
1386  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 07:53:36 PM
oh please come back TPTB_need_war, please come back!  it's been almost 12h and you are nowhere to be seen?

was i right?  were you here just to troll little ol' cypherdoc with all your bullshit, obfuscation, hubris, and narcissism?  that would be quite flattering.  it couldn't be THAT easy to get rid of you by putting you on Ignore?  could it?  i need you to keep pushing the thread to the top of the forum to get views.  you've contributed greatly to it's popularity and my message of Bitcoin UP!

you need to come back or else it will be very bad for all your fellow mini-trolls like marcus, iCE, tvbcof, kazuki, & the other Monero and 1MB pimps.  that's b/c my head will grow so big and my arrogance so large knowing i'm that important that it will be sufferably intolerable for them.  b/c they love this thread and can't stay away.  seriously:



You are more spot-on than you might realize.  A good part of what draws me to this thread is indeed watching your head swell.  I bet you are as surprised as I am that there was sufficient pressure for your head to achieve the dimensions it has, and more than that, the native abilities which your mind has to draw in the following.

I strongly encourage lurkers who are not yet 'found out' to add to this pressure because the resulting display is very amusing.



thank you.

see, i told you, you can't stay away.
1387  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 07:48:39 PM
no late day pump.  that's not good.  c'mon Janet:

1388  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 07:41:47 PM
oh please come back TPTB_need_war, please come back!  it's been almost 12h and you are nowhere to be seen?

was i right?  were you here just to troll little ol' cypherdoc with all your bullshit, obfuscation, hubris, and narcissism?  that would be quite flattering.  it couldn't be THAT easy to get rid of you by me putting you on Ignore?  could it?  i need you to keep pushing the thread to the top of the forum to get views.  you've contributed greatly to it's popularity and my message of Bitcoin UP!

you need to come back or else it will be very bad for all your fellow mini-trolls like marcus, iCE, tvbcof, kazuki, & the other Monero and 1MB pimps.  that's b/c my head will grow so big and my arrogance so large knowing i'm that important that it will be sufferably intolerable for them.  b/c they love this thread and can't stay away.  seriously:

1389  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 07:35:11 PM
I use moderation as a gauge of credibility.
- -  
Moderation of a thread is for weak-ass losers IMHO.
- -
censorship

Every reasonably advanced thread is indistinguishable from magic, and therefore attracts non-intelligence and trolls like a honeypot. Letting them destroy the vestiges of readable discussion that might once have existed, is your holy commission.  Huh

Bet you don't even have a thread as you seem not to care about your readers even that much  Embarrassed Tongue

on reflection cyphor would have probably been band from may other threads,  Cheesy

actually, no.  i'm very respectful for the most part in other threads.  it's here, where i have a platform that has become quite popular that encourages all the trolls who dislike my message to come in here and provoke me for a variety of reasons.  yes, provoke.  that's usually when i go off.  but that's my view of it though.
1390  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 06:28:42 PM
...
Certain people (e.g., justusranvier and cypherdoc) command a reasonably sized flock because they have chosen a particular angle and tuned their techniques appropriately. ...

you know you're in that flock, you know. Kiss

I rarely discard a hypothesis and don't in this case.  I see very limited evidence for the assertion however.



merely for the opportunity to troll me would be one reason.  but i suspect that doesn't explain it all.
1391  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 06:16:48 PM
I use moderation as a gauge of credibility.
- - 
Moderation of a thread is for weak-ass losers IMHO.
- -
censorship

Every reasonably advanced thread is indistinguishable from magic, and therefore attracts non-intelligence and trolls like a honeypot. Letting them destroy the vestiges of readable discussion that might once have existed, is your holy commission.  Huh

Bet you don't even have a thread as you seem not to care about your readers even that much  Embarrassed Tongue

Maybe it's just me, but I don't have much difficulty identifying bozos and simply ignoring their stuff in-line without the help of censorship or ignore lists.  Indeed, skimming their stuff sometimes to keep tabs on the various sides of an argument.  Certain people (e.g., justusranvier and cypherdoc) command a reasonably sized flock because they have chosen a particular angle and tuned their techniques appropriately.  Skimming some of their stuff can shed some light on the disposition of a reasonable number of followers in the ecosystem and it can be done with efficiency.



you know you're in that flock, you know. Kiss
1392  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 06:12:44 PM
I use moderation as a gauge of credibility.
- -  
Moderation of a thread is for weak-ass losers IMHO.
- -
censorship

Every reasonably advanced thread is indistinguishable from magic, and therefore attracts non-intelligence and trolls like a honeypot. Letting them destroy the vestiges of readable discussion that might once have existed, is your holy commission.  Huh

Bet you don't even have a thread as you seem not to care about your readers even that much  Embarrassed Tongue

i have to agree with tvbcof on this one (whoa!).

we've had disagreement about info you published yourself in one of your moderated threads about me that was incorrect and that you weren't willing to correct at first.  watching others get info deleted by you on request was quite frustrating for me.  i definitely got the sense that there was an asymmetry of power that a moderator has when being able to censor the info only he deems necessary.  i don't think it's fair especially when it got down to me feeling as if i had to beg.  sure, someone is always posting incorrect info about me but i suck it up and try to debate for the truth.  

to be fair, even the moderators around here, like BadBear, are notorious for censoring what they don't like.  unlike you, those guys really piss me off b/c oftentimes it was out of retribution.  overall, i'd never create a moderated thread.
1393  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 06:04:42 PM
interesting quote from the Chinese mine:

"Their verdict was: "Absolutely nothing to see. The local Tibetans make sure everything is overpriced.""

point being, all the devs who look down on the masses as stupid & irrational as justification for authoritarian practices regarding decisions in Bitcoin are severely underestimating the power of money to motivate ppl to understand the economics of value transaction.  i see this everywhere in the Bitcoin community and it's an attitude that will cost those who employ that attitude in many ways more than just in their pocketbooks.

http://www.coindesk.com/my-life-inside-a-remote-chinese-bitcoin-mine/

Good. These things are not necessary for bitcoin proliferation: Education, economic or otherwise, gigabit internet, high end phones, savings. It is not those things that have kept the people of North Korea, Eritrea, Venezuela or Haiti back, it is nonfreedom, or governments. The only thing that is necessary for people to flourish, is hunger, or swung positively, lust for life.



and it will be those ppl who will most resist gvt censorship of Bitcoin.  but only if they are given a chance to use it reliably & cheaply.  we should all want to give it to them, not out of altruism, but out of our own greed; as in greater security of our coins and in creating digital gold.

another way to look at this is that are we (meaning ALL of us in the community) really prepared to be the real resistance fighters in this war on USD hegemony?  i'll admit right here that i am not.  i live here in the US, have a family to take care of, and i provide a valuable service to my community.  i am not prepared to sacrifice this.  but dollars to donuts we'll have idiots like LukeJr, marcus, iCE, and MPEX stepping up and claiming they would gladly be those resistance fighters. c'mon, do you really think they would not roll over in an instant to give up Bitcoin if jail time threatened?  no way.  they are loud mouth bombastic blowhards.

the real resistance fighters are the ones mentioned above.  those desperate enough, hungry enough, willing to steal, hawk, crawl down holes, or fight just to get the next meal.  we need to get Bitcoin into their hands as quickly as possible.
1394  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 05:40:10 PM
interesting quote from the Chinese mine:

"Their verdict was: "Absolutely nothing to see. The local Tibetans make sure everything is overpriced.""

point being, all the devs who look down on the masses as stupid & irrational as justification for authoritarian practices regarding decisions in Bitcoin are severely underestimating the power of money to motivate ppl to understand the economics of value transaction.  i see this everywhere in the Bitcoin community and it's an attitude that will cost those who employ that attitude in many ways more than just in their pocketbooks.

http://www.coindesk.com/my-life-inside-a-remote-chinese-bitcoin-mine/

Good. These things are not necessary for bitcoin proliferation: Education, economic or otherwise, gigabit internet, high end phones, savings. It is not those things that have kept the people of North Korea, Eritrea, Venezuela or Haiti back, it is nonfreedom, or governments. The only thing that is necessary for people to flourish, is hunger, or swung positively, lust for life.



and it will be those ppl who will most resist gvt censorship of Bitcoin.  but only if they are given a chance to use it reliably & cheaply.  we should all want to give it to them, not out of altruism, but out of our own greed; as in greater security of our coins and in creating digital gold.
1395  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 05:27:32 PM
sell in May and go away.

oops, it's June?
1396  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 05:21:20 PM
posturing bullish again.  i like it, as my thesis is that Bitcoin will do well in a major downturn in traditional financial mkts:

1397  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 05:14:00 PM
this one is interesting as it seems to be forming the same double bottom BTC is.  what "might" expect a move here first before the BTC exchanges, as it has easy access to fiat liquidity:

1398  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 05:11:04 PM
what's striking to me using the ignore is just how many pages and pages of posts TPTB-dick has been spamming to derail substantive and meaningful discussion.  there is no doubt he has an alternative motive which is anti-Bitcoin.

I guess you can have Any Colour You Like.

The motive has always been decentralization.
The debate is: is centralization of development the path to decentralization of nodes?

You just need 1 ring to rule them all.

lukejr who has abused this power in the past is part of a small block of Core developers, who argues the majority of developers think that 1 ring to rule them all central development is good.

There are other developers who are invested in technologies that will benefit from a delay in block size increase.

They also argue that we need decentralized nodes but they should use the centralized consensus of their development group

And developers outside that group aren't lead developers. (Paraphrasing nullc)

This approach is centralized control of nodes, it's not the decentralized goal I'm invested in.


and then there's marcus who popped in here taunting all of us in glee of a trainwrecked thread.  almost as if he had something to do with it...i doubt it but who knows.

the disturbing thing he said was that him and his centralized crew of authoritarian devs were going to "show us who is driving this airplane" or something extremist like that.  you can go look it up from yesterday.  that is a big problem.

my contention is that there are plenty of bright, motivated devs out there who would show greater humility and core values to what Bitcoin represents as a public good.
1399  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 05:04:55 PM

A lot of large companies, especially those that operate semi-autonomous business units use internal accounting to handle transactions between these units.  So a project manager might have a budget of 1M and he purchases marketing services from the mkting dept, engineering from the dev group, etc.  But obviously money is not actually moved around...

You can see how a private intra-company blockchain could be very useful here, for auditing and real-time tracking purposes.  For external services, you would even "pay" CoCoins to the financial dept. and they would cut and mail a check externally.

This BNY effort is probably the first step towards a consulting business setting this up for companies.


EDIT: yes you have a great point about gold.  And hopefully the same will happen with diamonds (grown in a lab).  Sometimes I think that the best way to handle some of these areas with horrible human rights records is to leave them alone.  But, as we learned with conflict diamonds, realistically and unfortunately that only works if they don't have anything the first world wants.


the real question is why that internal accounting wouldn't continue to be more efficient and even more secure using a traditional SQL database?  are they really having any internal accounting fraud to incentive them to set up an entirely foreign means of accounting that could be subject to unknown types of hacks from the outside or even inside?  what drives security of this model?  can't be POW.  w/o POW why couldn't it be gamed?
1400  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 04:45:44 PM
interesting quote from the Chinese mine:

"Their verdict was: "Absolutely nothing to see. The local Tibetans make sure everything is overpriced.""

point being, all the devs who look down on the masses as stupid & irrational as justification for authoritarian practices regarding decisions in Bitcoin are severely underestimating the power of money to motivate ppl to understand the economics of value transaction.  i see this everywhere in the Bitcoin community and it's an attitude that will cost those who employ that attitude in many ways more than just in their pocketbooks.

http://www.coindesk.com/my-life-inside-a-remote-chinese-bitcoin-mine/

What I found most interesting about that article is that the energy could not find a market until the miner showed up.  A long time ago I mentioned that bitcoin mining might allow energy providers to over-provision variable energy sources (wind, solar and to a lesser extent hydro).  This would be a good thing for the world, because it means a lower fossil component during marginal production days (cloudy or not that windy).  

It looks like that's exactly what is happening here -- but coincidentally rather than in a planned manner.  


RE: TPTB, I tend to ignore people who consistently reply multiple times in a row during a conversation.  Because there is a pathology there... they are writing more for themselves than for others.  The exception to this rule of course is the guy who is stimulating conversation in a thread by citing interesting new news, etc.  Cypherdoc in this thread and adam in the classic wall observer for example.



that is a good pt.  but look at it from the other side as well; that being the costs of gold mining.

not only is it a shame the little African kid has to climb down a 100yd hole but it is more shameful that we have huge strip mining operations not only in Africa but all over the world here in the US, Canada, Australia, and China, etc.  one of the worthy goals Bitcoin should strive to achieve is to eliminate that waste and corruption.  imagine getting all those ppl and their fiat involved in those operations to switch to Bitcoin or Bitcoin mining.  remember the gold mine sold in Canada for Bitcoin?  well, i met a lady in March while in Hawaii who owns a gold mine up in Alaska and we got to talking about Bitcoin.  she had already heard about it and of course i talked at length multiple times during the trip about Bitcoin replacing gold.  she's a smart girl and the wheels were turning in her mind.  i then helped her set up a VPN on her iphone as well as download Breadwallet to which i sent her some coin.  i'm meaning to follow up with her sometime later this year to see if she moved on it but i bet she will.  these types of stories are happening all over the world right now and i claim it is being reflected in the gold and silver price.

we can only accomplish this by letting Bitcoin grow.
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