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Question: Will you support Gavin's new block size limit hard fork of 8MB by January 1, 2016 then doubling every 2 years?
1.  yes
2.  no

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Author Topic: Gold collapsing. Bitcoin UP.  (Read 2032123 times)
Chalkbot
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August 28, 2014, 10:42:10 PM
 #11281

This is 2 whales arguing whose dick is bigger isn't it.

One of them should just bite the other off.
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cypherdoc (OP)
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August 28, 2014, 10:51:06 PM
 #11282

Ripple printing  Roll Eyes

https://www.youtube.com/watch?v=hinsnnc0VBk
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August 28, 2014, 10:54:59 PM
 #11283


Dear lord. I think the Fed and the ECB will call Ripple labs for tips soon!
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August 28, 2014, 11:05:33 PM
 #11284

Russia Pushes Ahead With Plans for SWIFT Alternative

http://www.themoscowtimes.com/business/article/government-pushes-ahead-with-plans-for-swift-analog/506003.html

"...Moiseyev added that, although the law had been drafted, it would not become policy until it was clear that the Central Bank had the technology to enable processing of interbank transactions within Russia.

The plans to develop an alternative to SWIFT follow steps to create a national payment system for processing credit card transactions, after Visa and MasterCard stopped providing services for some Russian banks that were subject to Western sanctions.

Kommersant reported last week that the Central Bank had sent a letter to banks asking them to consider alternative mechanisms for interbank payments, citing national security concerns."
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August 28, 2014, 11:42:23 PM
 #11285


Dear lord. I think the Fed and the ECB will call Ripple labs for tips soon!

now i feel bad for ripple pumper dude that comes on here every once in a while.

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August 28, 2014, 11:51:55 PM
 #11286

ghash 20%, Discus 24%

i thought ghash was supposed to take over and trash the entire network?:

yes just like BTC Guild and ASICminer before them.

ZOMG DeepBit is 50.001%  WERE ALL GONNA DIE!1!!


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
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"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
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August 29, 2014, 12:55:00 AM
 #11287


Dear lord. I think the Fed and the ECB will call Ripple labs for tips soon!

now i feel bad for ripple pumper dude that comes on here every once in a while.

He was absent for quite a while after the big crash (which happened when one ex-developer announced he was going to dump a lot)
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August 29, 2014, 01:06:10 AM
 #11288


especially for an expectative AM shareholder ^^
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August 29, 2014, 01:21:38 AM
 #11289


Dear lord. I think the Fed and the ECB will call Ripple labs for tips soon!

now i feel bad for ripple pumper dude that comes on here every once in a while.

He was absent for quite a while after the big crash (which happened when one ex-developer announced he was going to dump a lot)

he came by the wall thread every once in a while, to remind us how cool ripple is, he will be dearly missed.

cypherdoc (OP)
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August 29, 2014, 01:23:13 AM
 #11290


Dear lord. I think the Fed and the ECB will call Ripple labs for tips soon!

now i feel bad for ripple pumper dude that comes on here every once in a while.

He was absent for quite a while after the big crash (which happened when one ex-developer announced he was going to dump a lot)

he came by the wall thread every once in a while, to remind us how cool ripple is, he will be dearly missed.


anyone remember his name?
damnek
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August 29, 2014, 01:41:56 AM
 #11291


Dear lord. I think the Fed and the ECB will call Ripple labs for tips soon!

now i feel bad for ripple pumper dude that comes on here every once in a while.

He was absent for quite a while after the big crash (which happened when one ex-developer announced he was going to dump a lot)

he came by the wall thread every once in a while, to remind us how cool ripple is, he will be dearly missed.


anyone remember his name?

mah87 I think: https://bitcointalk.org/index.php?action=profile;u=67181
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August 29, 2014, 01:44:24 AM
 #11292


Dear lord. I think the Fed and the ECB will call Ripple labs for tips soon!

now i feel bad for ripple pumper dude that comes on here every once in a while.

He was absent for quite a while after the big crash (which happened when one ex-developer announced he was going to dump a lot)

he came by the wall thread every once in a while, to remind us how cool ripple is, he will be dearly missed.


anyone remember his name?

mah87 I think: https://bitcointalk.org/index.php?action=profile;u=67181

yes that is the ripple pumper dude, i'm 99% sure.

he must be HODLING, ripple isn't crashing.

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August 29, 2014, 01:45:34 AM
 #11293


Dear lord. I think the Fed and the ECB will call Ripple labs for tips soon!

now i feel bad for ripple pumper dude that comes on here every once in a while.

He was absent for quite a while after the big crash (which happened when one ex-developer announced he was going to dump a lot)

he came by the wall thread every once in a while, to remind us how cool ripple is, he will be dearly missed.


anyone remember his name?

mah87 I think: https://bitcointalk.org/index.php?action=profile;u=67181

French dude, often in french section. Seemed 'bullish' with that fidor bank collaborating with ripple lately.
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August 29, 2014, 01:48:29 AM
 #11294


Dear lord. I think the Fed and the ECB will call Ripple labs for tips soon!

now i feel bad for ripple pumper dude that comes on here every once in a while.

He was absent for quite a while after the big crash (which happened when one ex-developer announced he was going to dump a lot)

he came by the wall thread every once in a while, to remind us how cool ripple is, he will be dearly missed.


anyone remember his name?

mah87 I think: https://bitcointalk.org/index.php?action=profile;u=67181

yes that is the ripple pumper dude, i'm 99% sure.

he must be HODLING, ripple isn't crashing.

When ripple just came out, I posted a message in the ripple forum to get some free XRP. Totally forgot about it until that dude started messaging me asking to exchange my XRP for a ridiculously high price. That's when I knew to get out immediately and did.. I feel kinda sorry for him.
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August 29, 2014, 01:51:44 AM
 #11295

i think all the smaller chunk ask blocking walls are the same guy who was throwing up the two 1000 BTC walls earlier in the day.
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August 29, 2014, 02:02:51 AM
 #11296

gold has to get back up over 1325 to become relevant again.

We could go as high as 1600 before assuming gold has done anything but meander within a malaise.


Heres a shorter term trend that might lead to some gains forming or vice versa
https://twitter.com/BrendaKelly_IG/status/504938028423716864

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August 29, 2014, 02:04:31 AM
 #11297

i think all the smaller chunk ask blocking walls are the same guy who was throwing up the two 1000 BTC walls earlier in the day.

Interesting, 2000 BTC seems like a big deal now. 2 months back they would've been snipped away like it's nothing.
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August 29, 2014, 02:14:41 AM
 #11298

BTC volume was reported as greatly falling in a national newspaper, apparently it was well researched though I dont have it here now.     Volume and market size is falling ? which would seem to match your 2000 marker comment

A worldwide deflation fear is expanding and may actually be rampant. BCA Daily Insights (August 25, 2014) notes that, “out of 32 OEC countries, more than two-thirds have domestic inflation rates that fall short of 1%.” BCA analysts go on to argue that the worldwide inflation rate may converge to zero over the next couple of years.

http://www.ritholtz.com/blog/2014/08/deflation-fear/
I simply dont believe it and I do mean simply because it seems a straightforward argument to say we obviously have inflation.     Many governments, some of the largest even are running defecits and so they are increasing their debt and in turn the size of their national montary base.
So I take that debt as money, I know its not treated as such and its unlikely someone will convert 1 trillion of debt directly into paper notes to go use on a high street.   However if they did it would immediately realise what is already in play, that we do have inflation of many national currencies.
  The money is not being exchanged for goods however so I presume this is why we have the fear of deflation.   What is actually happening I think is lower trade per capitia and a kinda sinkhole effect where debt is being contained and money supply restricted, lower velocity of money.
 
   If all the banks stopping lending this would be deflation as in effect less money is available and so I think the debt situation is similar.  
It does not stop inflation (of the monetary base) being true, one day it will happen like an avalanche.   The only alternative is to vaporise that debt by default, then we may have true deflation.
As a counter I will point to the prices of extremely high worth items such as rare art or unique classic cars perhaps, there is no deflation in these markets and they are relevant as they match the standard unit sizes of $100,000 that a treasury bond deal would be done in.
   I would much rather take the Dino Ferrari then debt which yield so little.  e.g. The EURO overnight rate just went sub-Zero

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..PLAY NOW..
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August 29, 2014, 02:22:13 AM
 #11299

BTC volume was reported as greatly falling in a national newspaper, apparently it was well researched though I dont have it here now.     Volume and market size is falling ? which would seem to match your 2000 marker comment

A worldwide deflation fear is expanding and may actually be rampant. BCA Daily Insights (August 25, 2014) notes that, “out of 32 OEC countries, more than two-thirds have domestic inflation rates that fall short of 1%.” BCA analysts go on to argue that the worldwide inflation rate may converge to zero over the next couple of years.

http://www.ritholtz.com/blog/2014/08/deflation-fear/
I simply dont believe it and I do mean simply because it seems a straightforward argument to say we obviously have inflation.     Many governments, some of the largest even are running defecits and so they are increasing their debt and in turn the size of their national montary base.
So I take that debt as money, I know its not treated as such and its unlikely someone will convert 1 trillion of debt directly into paper notes to go use on a high street.   However if they did it would immediately realise what is already in play, that we do have inflation of many national currencies.
  The money is not being exchanged for goods however so I presume this is why we have the fear of deflation.   What is actually happening I think is lower trade per capitia and a kinda sinkhole effect where debt is being contained and money supply restricted, lower velocity of money.
 
   If all the banks stopping lending this would be deflation as in effect less money is available and so I think the debt situation is similar.  
It does not stop inflation being true, one day it will happen like an avalanche.   The only alternative is to vaporise that debt by default, then we may have true deflation.
As a counter I will point to the prices of extremely high worth items such as rare art or unique classic cars perhaps, there is no deflation in these markets and they are relevant as they match the standard unit size of 100,000 that a treasury bond deal would be done in.
   I would much rather take the Dino Ferrari then debt which yield so little.  e.g. The EURO overnight rate just went sub-Zero

Debt is deflationary overall, the inflation is temporary..... Yes, we get the money now, but it has to be paid back with interest.  This increases demand for money, thus deflation.  Abolishing debt would not be deflationary because that would free up money that was previously allocated to servicing said debt.  Deflation causes default, default doesn't cause deflation.

https://www.bitcoin.org/bitcoin.pdf
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August 29, 2014, 02:37:30 AM
 #11300

It's the money velocity that has collapsed ... and is still in vicious downtrend. Monetising the debt directly is a futile attempt to boost money velocity by the wizards of fiat.

The two biggest stories of the week from the elite are that USA (White House) is considering bombing both sides in a far off war ... (suspected insanity) and that the CFR suggests to print money directly into householder accounts aka helicopter money drop (patently insane).

History will look back askance on these times with pity.

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