Vlad2Vlad (OP)
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March 28, 2014, 09:39:06 PM |
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Impossible Prediction Time:
In the next year - Banks, Multinational Corporations and [Secretly] Governments, will buy and build out their own massive ASICS mining farms and will take over the main function of securing Bitcoin [and any Crypto which arises to the potential candidacy of a global adoption digital currency].
How's that for decentralized [and Anonymous] - Bitcoin Foundation, Roger Ver and Andreas Antonopoulos? lol...
Nothing new here: I said last year that Banks, MNCs and Governments [LOVE Bitcoin and cryptos] would be the only ones able to afford to mine and secure any future Crypto Currency which means they will charge massive fees.
The only difference is that they will then be able to rape 7+ billion people instead of today's roughly 4 billion.
Now listen to Andreas Antonopoulos Talk about what a blessing that's gonna be and how the banks don't want it to happen and how banks and governments will suffer because of it [the Bitcoin protocol and its bullshit non-existent decentralized anonymity].
Haha - I honestly don't think anyone with Andreas' technical education and experience can purposely be that stupid.
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foodies123
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March 28, 2014, 10:27:48 PM |
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is this real life ?
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nope
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Vlad2Vlad (OP)
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March 29, 2014, 06:00:03 AM |
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is this real life ?
Define real. In reality, none of this is truly real.
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RobFordWotWot
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time
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March 29, 2014, 04:22:41 PM |
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is this real life ?
Life is a sophisticated quantum computer simulation. Or something.
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Horses in midstream.
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Vlad2Vlad (OP)
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March 29, 2014, 10:57:55 PM |
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is this real life ?
Life is a sophisticated quantum computer simulation. Or something. There's actually some evidence to support that theory. Scientists have recently found evidence to suggest that we are in fact living in what appears to be a simulation or an Electronic Matrix. It gets pretty complex but just the idea [and its implications] are incredibly interesting to ponder.
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Vlad2Vlad (OP)
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March 31, 2014, 07:01:32 PM |
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From a rep from the People's Bank of China:
The official, Zhang Niannian, posted on Sina Weibo on Friday, comparing bitcoin exchanges to casinos and asking questions like “Aren’t you afraid that a bitcoin platform will leave with your money?” and “Do you think the court would protect you?”
I find it funny that ever country in the world is saying this while doing nothin to stop this supposed imminent danger to their national security, and in many cases they help accelerate adoption through favorable rulings (ie. No taxes, it's a currency, it's property, etc.) which further validates Bitcoin and cryptos as the real deal.
How does that make any sense - to warn your citizens about a danger while aiding that danger to spread faster?
It makes sense if you expect a massive transfer of wealth in the end, a colossal global theft by the govt, banks and the elite and you want to cover your ass so you can say: We didn't do this; in fact, we warned you all well ahead of time that you would lose everything.
What an absolutely BRILLIANT [voluntary] confiscation scheme.
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Qu1ck$1Lv3r
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March 31, 2014, 07:02:56 PM |
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"The IRS ruling is also likely to elevate digital gold bitcoin into some form of reserve currency status...[and]... it tacitly encourages one type of monetary activity (store of value) over another (medium of exchange)." Jon Matonis http://www.coindesk.com/irs-bitcoin-ruling-may-bright-side/
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Vlad2Vlad (OP)
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April 01, 2014, 12:28:13 AM |
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That's an excellent point and I totally agree with it. Everything definitely seems planned out and working towards a common goal. Decentralized and anonymous, of course: Bahahahahaaaaaa.
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Vlad2Vlad (OP)
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April 01, 2014, 06:09:56 AM |
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Could start a chain reaction as China [and other nations] are about ready to dump the dollar too. I said last year that I expected the dollar to be dead [and swapped out for a Crypto] by the end of next year [9/2015] but I still can't figure out the catalysts which they will use as an excuse to kill the already dead dollar. There's no way the US is gonna want to look guilty of defaulting or purposely killing their own currency so they'll either pressure some huge country like Russia to start a chain reaction and then blame them or they'll manufacture another "event" which will push us into a massive recession and given the overspent dollar, they could blame the final nail in the dollar's coffin on some boogeyman terrorist group.Either way the Dollar, Euro and Yen are dead - now they just need to act out a proper exit [most likely a multi currency coordinated death] and I'm sure the replacement [10 Nations] "UNION" currency is ready to go as is the new Union Constitution which will destroy [and supersede] our Constitution, a process which has been effective and ongoing for the past 4+ decades in order to lessen the shock of lost [life giving] liberties when the US merges with once Godless, Terrorist and Communist nations. Oh yeah - Bitcoin is Anonymous and Decentralized [and Banks and Governments hate it] so there's no way they'll use Bitcoin or a Bitcoin protocol clone.I can't stop laughing everytime I say that last line. Ahahaaaa.
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Vlad2Vlad (OP)
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April 01, 2014, 07:03:30 AM |
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Made up a new acronym today.
GATT: Global Asset Tracking Tool.
What was the Bitcoin protocol really designed for?
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Vlad2Vlad (OP)
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April 01, 2014, 07:09:26 AM |
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I'm unable to read that Bitcoin Magazine article. My iOS crashed 10 times trying to read it. Very odd as that never happens.
I'll have to try and open it on a different device and see what it's about.
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Qu1ck$1Lv3r
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April 01, 2014, 07:41:26 AM |
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I'm unable to read that Bitcoin Magazine article. My iOS crashed 10 times trying to read it. Very odd as that never happens.
I'll have to try and open it on a different device and see what it's about.
The basic idea is that PC's running Windows XP will soon be PCI non-compliant meaning that those machines will not be legally allowed to process credit card transactions. Given the estimated numbers of such machines (which include ATM's), there could be some potentially interesting repercussions.
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Vlad2Vlad (OP)
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April 01, 2014, 07:56:22 AM |
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I'm unable to read that Bitcoin Magazine article. My iOS crashed 10 times trying to read it. Very odd as that never happens.
I'll have to try and open it on a different device and see what it's about.
The basic idea is that PC's running Windows XP will soon be PCI non-compliant meaning that those machines will not be legally allowed to process credit card transactions. Given the estimated numbers of such machines (which include ATM's), there could be some potentially interesting repercussions. I read the article on a different machine and I'm not convinced this will lead to a mass migration to Bitcoin. It seems like PCI doesn't have the power for imediate enforcement so I would guess that anyone who hasn't upgraded by April 8th will do so eventually without any noticeable change in services. That said, one never knows if the media will use this bit to pump Bitcoin although that has not been the trend lately. I fully expect the media to do a full 180 and go nuts over Bitcoin [nd cryptos] in the second half of this year [after Wall Street and buddies] finish loading up all they can after scaring every Bitcoin possible out of newbies once Bitcoin drops under $400 [very, very soon].
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Vlad2Vlad (OP)
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April 01, 2014, 06:31:19 PM |
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Interesting read, thanks for posting. So they are openly saying that they may like to replace Bitcoin with anothe coin which would give them more control and an "Elastic" supply. Lol, which means they don't like the hard cap and it may take too long now to get enough foundation seats since the foundation now has powerful billionaire backers. Notice the day they hired the guy from the Cato institute the attacks on board members seized. There were plans to oust 2 more board members for some kind of fraud but that never saw the light of day.
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Vlad2Vlad (OP)
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April 01, 2014, 06:42:57 PM |
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@RobFord,
I totally agree. I get a bad feeling we're gonna see a war break out involving Israel in the next 12 months. It may drag a few countries into it and it may be over fairly quickly but I definitely see a war which will have an effect on us all.
I also agree the media has been dumbing down the general population for a long time. But what I also see is Wall Street and major banks and probably major governments loading up on Bitcoins. What's the point if bitcoin won't skyrocket?
I have seen how Wall Street and hedge fund work with paid off media anchors and what I call pocket analysts. Once they're done buy BTC then the next logical step is to use their massive media machine to pump bitcoin into the stratosphere and that's when the wealth transfer mechanism of the bitcoin protocol kicks into high gear.
Cause like you said, and I've been saying all along, bitcoin is the Ponzi game. It's more than just GATT (Global Asset Tracking Tool) it's also a massive wealth transfer protocol.
The good news is that if you get in early you'll make some money but the end will be an evil one, regardless. But since this cannot be stopped by any means or force then you might as well try to profit from it in hopes those profits open up new paths [of exit].
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