Vlad2Vlad (OP)
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October 22, 2014, 05:04:06 PM Last edit: October 22, 2014, 10:41:42 PM by Vlad2Vlad |
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On the AMA yesterday, Gavin Andresen said his biggest fear was SCALIBILITY.
I've been saying for a long time Bitcoin will not be able to scale next year and they'll have to use a different coin to assist or take over for Bitcoin.
And yet I see no talk about this today anywhere in the media.
The chief scientist of Bitcoin said his biggest fear is Bitcoin not being able to handle all the coming transactions.
Anybody hear that??
His biggest fear is not the banks or governments or regulations or merchant adoption, or getting 51md by a massive anonymous Chinese/Russian pool, etc.; his biggest fear is exactly what I've been saying all along the problem will be with Bitcoin.
The imminent ETF will take Bitcoin past its breaking point transactions-wise. Bitcoin will be useless except for limited [high end] transactions and "investment" - store of value: aka global wealth transfer scheme. lol
This is why I said they're gonna push LTC and doge out to mainstream ASAP, as a [failed] stopgap, and this is why ixCoin was created from day one. One could have easily seen that Bitcoin [with loaded blocks] would never be able to handle the coming transactions volume so you then create the real currency coin (iXCoin) and use Bitcoin for the wealth transfer ("investment") coin.
Isn't it yet another huge coincidence that ixCoin has finished mining [and can now handle many more transactions] right when Bitcoin's transactions volume are about to go supernova?
And guess what happens then with Bitcoin given it has no other use or purpose, once the wealth of the world is transferred in and there will be no further need for it?
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Eastbay
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October 22, 2014, 10:00:30 PM |
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am i the only one who thought this thread would be about the Winklevoss' Twins lol
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Vlad2Vlad (OP)
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October 22, 2014, 10:40:35 PM |
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am i the only one who thought this thread would be about the Winklevoss' Twins lol
Why would you think that? They're just 2 small(ish) pawns in a much bigger plot. The ETF is simply a massive accelerant for mainstream and to transfer trillions of dollars of assets into Bitcoin via retirement, investment funds etc... That's a big deal but that's just [rocket] fuel for the fire - there are other bigger things happening behind the scenes and next year we should see it all explode.
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Vlad2Vlad (OP)
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October 23, 2014, 06:33:21 PM |
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And just like that, iXCoin has its very own full blown eXchange [in Hong Kong]. www.iXco.inRiddle me that!
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Vlad2Vlad (OP)
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October 23, 2014, 06:34:08 PM |
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Legit:
Registrant Contact Information: Name: Peter Erskin Organization: Ixcoin L.t.d. Address 1: RM 801, Hollywood Plaza,210 Nathan Road City: Hong Kong State: Kowloon Zip: 00000 Country: HK Phone: +86.13128802040 Email: @ixco.in
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Vlad2Vlad (OP)
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October 28, 2014, 08:24:36 AM |
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"The Financial Crimes Enforcement Network (FinCEN) has released new guidance for custodial bitcoin exchanges and payment processors, ruling that such companies may be considered money services businesses under US law."
I can't believe it - another big shocker! lol
But I doubt people even realize what this means.
It means that NOW ALL exchanges and ALL accounts will need to be fully verified - full identification. [Not just USD/Euro fiat accounts].
Exactly as I stated last year would happen to which idiot experts like Andreas et al said that would never happen cause people would never comply and the banks and "the state can never control Bitcoin".
I would love to hear what Andreas [and the other geniuses] have to say now.
So what do you guys think will happen 6-12 months from now, after the sheep get used to the idea of having all their accounts fully identified?
That's right - ALL Bitcoin wallets will be required by law to be fully identified.
Exactly as I said would happen 18 months ago and was called crazy and a fear mongrel by all the Bitcoin millionaires and Bitcoin experts.
And after that all the sheep will get one Lifewallet to make it easier for banks, corporations and governments to keep track of every single thing their citizen dogs do.
I know, I know, Bitcoin is anonymous and decentralized [the banks and govt can never control it] and people won't have to comply. haha
Enjoy the final days of anonymity cash gives you - your children will never know such freedom.
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hdbuck
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October 28, 2014, 08:40:56 AM |
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source?
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Vlad2Vlad (OP)
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October 28, 2014, 08:54:59 AM |
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source?
It's all over the internets, including coindesk. It's a new ruling so many haven't heard it yet. Also, I haven't seen a single of these experts connect the dots yet as to what a blow this is to Bitcoin's supposed anonymity and the government's supposed inability to ever control Bitcoin. Here's the coindesk article: http://www.coindesk.com/fincen-rules-bitcoin-payment-processors-exchanges-money-transmitters/
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Mountain Jew
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October 28, 2014, 09:36:44 AM |
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Exactly as I stated last year would happen to which idiot experts like Andreas et al said that would never happen cause people would never comply and the banks and "the state can never control Bitcoin".
I would love to hear what Andreas [and the other geniuses] have to say now.
So what do you guys think will happen 6-12 months from now, after the sheep get used to the idea of having all their accounts fully identified?
That's right - ALL Bitcoin wallets will be required by law to be fully identified.
If bitcoin is to become a success regulation like this is inevitable. Exchanges are going to comply because they wont want to go to jail, though there will always be exchanges that will try get around this so you can use those if you wish. Maybe this is a good case for decentralized ones, though obviously you'll pay the price if the law decides to go after you.
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Vlad2Vlad (OP)
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October 28, 2014, 11:02:39 PM |
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Largest bank in the world: October 27, 2014 5:54 AM UBS CIO: "Blockchain Technology Can Massively Simplify Banking."
No shit??
You mean like banks LOVE Bitcoin cause they can now charge 7 billion sheep massive fees instead of 3 billion without ever building a single bank branch and without having to hire one extra single bank employee?
I'm shocked!!!
Andreas Antonopoulos, you lying puppet!
I've been saying since day one: Banks, Corporations and Governments LOVE LOVE LOVE Bitcoin because it GREATLY empowers them at the absolute cost of all your anonymity and personal freedoms.
Citizen dogs embrace the blockchain - kill that evil anonymous cash. Eat the media [kill the fed] muppet fodder.
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Hilux74
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October 28, 2014, 11:14:58 PM |
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Largest bank in the world: October 27, 2014 5:54 AM UBS CIO: "Blockchain Technology Can Massively Simplify Banking."
No shit??
You mean like banks LOVE Bitcoin cause they can now charge 7 billion sheep massive fees instead of 3 billion without ever building a single bank branch and without having to hire one extra single bank employee?
I'm shocked!!!
Andreas Antonopoulos, you lying puppet!
I've been saying since day one: Banks, Corporations and Governments LOVE LOVE LOVE Bitcoin because it GREATLY empowers them at the absolute cost of all your anonymity and personal freedoms.
Citizen dogs embrace the blockchain - kill that evil anonymous cash. Eat the media [kill the fed] muppet fodder.
Sounds like the last hope for humanity is Monero (XMR) and not Babylon5.
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Vlad2Vlad (OP)
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October 30, 2014, 05:01:02 PM |
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John Matonis just quit [was pushed out of] the Bitcoin foundation.
I can't believe it took this long to get rid of another Bitcoin board member.
What's that, 4 seats gone in under 1 year since I said they were gonna hi-jack Bitcoin and by controlling the board they will directly control Bitcoin exactly like the Federal Reserve Board controls fiat.
So now we wait to see what bank/govt puppet takes his place.
Hmmm, maybe he's angry enough to come to iXcoin.
But do we want him?
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Vlad2Vlad (OP)
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November 01, 2014, 05:22:36 AM Last edit: November 05, 2014, 03:56:15 AM by Vlad2Vlad |
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Vessenes' [former Chairman and current director of the Bitcoin Foundation] and Gavin Andresen's Foundation seats are coming up for vote at the end of this year.
What would you guys say if both "quit" before reelection?
That would make it 6 heads rolling since I called for the hi-jacking of Bitcoin a little over 1 year ago when such thoughts were considered impossible and insane.
And where would Gavin go [which alt-coin would he choose] given crypto currencies are his life and he truly is a crypto purist and truly loves what digital currencies have to offer?
It should be interesting [and shocking] if these two are out of Bitcoin in the next 2 months.
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Vlad2Vlad (OP)
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November 05, 2014, 03:49:24 AM |
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I just read that Cody Wilson wants to run for a Bitcoin Foundation seat with the sole purpose to destroy it.
Sounds like a bad joke and an impossible [crazy] proposition, right?
Well, I have a strong feeling the guy will get the seat.
This would support my theory that more seats will be vacated in the coming months [inclusing Gavin's] and be filled by characters which one would never expect.
Only a few seats left before Bitcoin is completely hi-jacked and owned by whomever is coordinating all of this. And with a majority ownership of the foundation board [exactly like the Federal Reserve Board] the Bitcoin protocol will also be owned [and completely controlled] by this same group, including the ability to change every aspect of Bitcoin, including the 21 million hardcap.
You lied to us Roger Ver! haha!
To those who say that's impossible: Trust me, getting one, maximum 2 [unknown and anonymous] pools to enact these protocol changes will prove to be much easier than eliminating all of these original Bitcoin board members.
And to those who think they'll just trade and use the short [Bitcoin] chain - WRONG, nobody will accept it nor will anyone be allowed to trade it so it's gonna be as valuable as Monopoly money.
Actually, less valuable cause you can at least wipe your ass with Monopoly money.
Bitcoin is finally becoming what it was originally designed to become: Ultra centralized and completely out of the reach and control of the [citizen dog] masses.
And when all the Bitcoin early adopters finally realize this and stop listening to "Bitcons" like Andreas and Ver, which coin do you all think they will likely run to?
Perhaps this was the real reason iXCoin was created. Maybe Satoshi or some smart and rich early adopters saw that Bitcoin would bring in all the bad actors, bad press and all the greedy bankers and governments so they created a better full grown version of Bitcoin to have something to run to.
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Vlad2Vlad (OP)
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November 09, 2014, 09:51:51 PM |
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riddle me this:
[what if]
The creator of Bitcoin was living in Temple City.
Now remember who created [in 2004] the proof of work. Hal Finney.
Where did he live? Temple City.
Who received the first transaction? Hal Finney.
You know everything about crypto currencies/Bitcoin and let someone else take the credit? No way!
He prepared everything and then asked one of his two [tech savvy] children (Jason or Erin) to transmit it over the internet from their home.
Hal was a dreamer and libertarian. He realizes btc will be misused by criminals and govts and get taken over by the elite miners, bankers, investors, etc., before it has a chance to mature, before the masses have a chance to accumulate it.
In 2011 he retires. He decides to start a parallel project, but since he was sick (diagnosed in 2009) he needed a shorter time of mining. He then got very sick, unable to follow the project so he asked someone he trusted, his son, to take over the new project.
He decided to create a premine in order to be able to control the direction and development and to throw off any suspicion of iXcoin being in any way a legitimate coin, to keep away hoarders and the elite - long enough to allow the masses to accumulate iXcoin. Merge mining was also implemented within the first 6 months to prevent the same easy mass accumulation by only a few, like what happened with Bitcoin.
Hal's son, Jason, who has been described as tech savvy decides to take over his dying father's final project. This explain the same style in writing, between Satoshi Nakamoto and Thomas Nasakioto, the same kindness, his competence and his fear to be discovered.
The use of acronyms in the name Thomas vs Satoshi, it's telling you the creator is still the same, but this time he wants things to be different, like: "it's still me, but my idea is different - the outcome will be different - the elite have been fooled into chasing the wrong coin."
Also embedding in the acronym, the message, his final wish: The Twin to lift up the Colonies.
And the name Jason can mean healer or "The Lord is Salvation" similar to IXC = Jesus Christ Savior, following the same religious pattern embedded throughout iXcoin.
Finally, the complete name of Hal Finney is: Harold Thomas Finney II.
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Vlad2Vlad (OP)
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November 13, 2014, 04:27:26 AM |
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Bitcoin now at $445. Up over $60 in less than 24 hours.
Up on record high volume, with no sign of relenting.
What this tells me is that this is most likely ETF rumor buying, as I predicted would happen 1-3 weeks before ETF news actually came out.
So I think the ETF has been approved - and we will hear about it very soon.
The Next massive Bitcoin boom [to $10,000+] has begun!
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balu2
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November 14, 2014, 06:57:13 AM |
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Bitcoin now at $445. Up over $60 in less than 24 hours.
Up on record high volume, with no sign of relenting.
What this tells me is that this is most likely ETF rumor buying, as I predicted would happen 1-3 weeks before ETF news actually came out.
So I think the ETF has been approved - and we will hear about it very soon.
The Next massive Bitcoin boom [to $10,000+] has begun!
to me it looks more like an asian pump and dump ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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Spoetnik
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November 14, 2014, 08:08:37 AM |
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if you look back i said it spiked on the 15th of every month ..and it has LOL
monthly dump and buy schedule like clock work..
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Vlad2Vlad (OP)
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November 14, 2014, 08:33:17 AM |
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if you look back i said it spiked on the 15th of every month ..and it has LOL
monthly dump and buy schedule like clock work..
You made a good call but this time it's different I think. The volume was enormous and we went up nearly $100 in a little over 1 day. Given its November and that ETF (one of them at least) should get licensed any day now and I think this could be the beginning of the next big boom [to $10,000]. It was natural to retrace, the key will be to stay above $400 and for the rally to resume within 2-3 days after full retracement and consolidation. If not then it was some kind of very odd fluke.
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