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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1806868 times)
cypherdoc
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September 04, 2014, 03:12:47 PM
 #11621

do the POS guys continue to see fail? i don't:

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NewLiberty
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September 04, 2014, 03:14:00 PM
 #11622

It's really striking how all we ever get from you pos guys are ad hominem attacks instead of real technical responses to a post like Peter's.

Why do you expect technical responses to the post that implies NXT is crap. If you call something that other people value crap, you don't deserve any meaningful response. NXT people don't call Bitcoin crap by the way, they just call it the first stage crypto that bootstraps other crypto technologies. This will be obvious further down the road. Bitcoin is just software, well, there is other software it is in competition with. It's innovate or die.

A technical response is what was sought in the first instance.  It was not found.  What was found was marketing statements about something that is hoped for (and yes, we all hope for it, we just don't have it yet, at least not from NXT).

1) He didn't call NXT crap, he said the explanation of it was meaningless to him.
2) You added no meaning, so its still meaningless to him. Just promises and hyperbole, and you added a big dose of enmity.
3) There isn't any competition.  You either add value or you don't.
4) You are attacking and accusing others of doing so, when they aren't.
5) If you look for enemies everywhere, you will find enemies everywhere.

This is meant to be helpful to you, to assist you in gaining the empathy needed for you to fulfill what appears to be your goal.

If instead your goal is to create NXT haters, carry on as you are doing.  Most of us won't form an opinion either way without code to review, but you might trap up some emotional reactions with your negativity and manage to create a few more NXT haters then there were before your posts.

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hd060053
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September 04, 2014, 03:15:59 PM
 #11623


i mean Gold - EUR.
cypherdoc
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September 04, 2014, 03:22:12 PM
 #11624

Bitcoin infiltrating the minds of our young:

http://www.coindesk.com/top-us-colleges-begin-offering-bitcoin-courses/
cypherdoc
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September 04, 2014, 03:24:12 PM
 #11625

one by one, breaking to the downside:

adamstgBit
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September 04, 2014, 03:25:45 PM
 #11626

it would be cool if you gave us a clue what we are looking at.

cypherdoc
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September 04, 2014, 03:27:37 PM
 #11627

it would be cool if you gave us a clue what we are looking at.

isn't it obvious?
adamstgBit
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September 04, 2014, 03:29:00 PM
 #11628

it would be cool if you gave us a clue what we are looking at.

isn't it obvious?

to you, i'm sure a lot of poeple know what ABX is, i don't.

wachtwoord
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September 04, 2014, 03:33:37 PM
 #11629

it would be cool if you gave us a clue what we are looking at.

isn't it obvious?

to you, i'm sure a lot of poeple know what ABX is, i don't.

http://finance.yahoo.com/q?s=abx

The share price of a gold mining company.

cypherdoc
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September 04, 2014, 03:37:24 PM
 #11630

it would be cool if you gave us a clue what we are looking at.

isn't it obvious?

to you, i'm sure a lot of poeple know what ABX is, i don't.

it says "Barrick" on the chart, which just happens to be the #1 gold mine in size in the world.
adamstgBit
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September 04, 2014, 03:38:14 PM
 #11631

so i hear gold is UP against the EUR, so is bitcoin, which one got the most out of the EUR inflation news, so far? would be cool to track this stat.

cypherdoc
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September 04, 2014, 03:41:08 PM
 #11632

Volume, and it's still early:

Torque
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September 04, 2014, 03:41:36 PM
 #11633

it would be cool if you gave us a clue what we are looking at.

isn't it obvious?

to you, i'm sure a lot of poeple know what ABX is, i don't.

http://finance.yahoo.com/q?s=abx

The share price of a gold mining company.

I see that share price is now nearly back to year 2000 levels.  Do you think this is near the bottom, or could fall further?
adamstgBit
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September 04, 2014, 03:47:25 PM
 #11634

it would be cool if you gave us a clue what we are looking at.

isn't it obvious?

to you, i'm sure a lot of poeple know what ABX is, i don't.

http://finance.yahoo.com/q?s=abx

The share price of a gold mining company.

I see that share price is now nearly back to year 2000 levels.  Do you think this is near the bottom, or could fall further?

mining companies can go out of business. these stocks can go to 0.

buy the gold not the gold mining stock.

cypherdoc
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September 04, 2014, 03:53:35 PM
 #11635

gold bouncing off resistance.

Gold collapsing.  Bitcoin UP:

cypherdoc
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September 04, 2014, 03:58:51 PM
 #11636

Dear Gold,

Look the Hell out.

Thank You,

cypherdoc

adamstgBit
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September 04, 2014, 04:02:54 PM
 #11637

Dear Gold,

Look the Hell out.

Thank You,

cypherdoc



ah the DXY, i know what that one is about.

and wow.

get the F out now! buy bitcoin!  Cheesy

Melbustus
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September 04, 2014, 04:17:46 PM
 #11638

...
The alt-coiners don't appreciate the importance of Satoshi's contribution.  If bitcoin adoption continues, it will be written about in textbooks for centuries to come.  Some of the developers here such as Greg and Gavin will likely be famous historical figures too.  The alt-coin sideshow is largely a distraction.  I don't want to say that all the alt-coin work is crap, because I think there's a small amount of genuine innovation [for example, I think Cryptonote's ring-signature approach made a contribution, and I think the concept of sophisticated contracts popularized by Ethereum made a contribution too (although I think it's much better executed using m-of-n Oracles as per Gavin's suggestion)].  If the alt-coin community does make a real innovation, we are going to take notice.  But to date, the vast majority is either a folly or a scam.    



+1. Well put.

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
But Bitcointalk & /r/bitcoin are heavily censored. bitco.in/forum, forum.bitcoin.com, and /r/btc are open.
Best info on Casascius coins: http://spotcoins.com/casascius
cypherdoc
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September 04, 2014, 04:21:20 PM
 #11639

...
The alt-coiners don't appreciate DISRESPECT the importance of Satoshi's contribution.



+1. Well put.


you should listen to the BS from Coinhoarder
zanzibar
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September 04, 2014, 04:31:17 PM
 #11640

Kodtycoon and Mr. E: That paper is completely fluff.  It reminds me of Nxt's "transparent forging" claim that is supposed to make Nxt robust to "91% attacks" (a statement I think is most likely nonsensical).  Don't you find it strange that the real innovations and technical details in bitcoin can be explained at any level of depth that you're interested in, yet many of these "alt-coin innovations" remain hidden and vague in perpetuity?   Don't you find it odd that very few of the many bright people here are even interested?  

For example, how is James going to implement cross-chain trading (what he calls InstantDEX)?  I've heard Nxt advocates talk about trustless cross-chain trading, yet it's generally accepted that it's impossible to transact with external systems/blockchains in a trustless manner.  If it's not trustless, but rather "low trust," then a solution using m-of-n oracles is already known.  There's never a need for things to be "powered by Nxt."  It seems like a ridiculous statement to me.  
  
The alt-coiners don't appreciate the importance of Satoshi's contribution.  If bitcoin adoption continues, it will be written about in textbooks for centuries to come.  Some of the developers here such as Greg and Gavin will likely be famous historical figures too.  The alt-coin sideshow is largely a distraction.  I don't want to say that all the alt-coin work is crap, because I think there's a small amount of genuine innovation [for example, I think Cryptonote's ring-signature approach made a contribution, and I think the concept of sophisticated contracts popularized by Ethereum made a contribution too (although I think it's much better executed using m-of-n Oracles as per Gavin's suggestion)].  If the alt-coin community does make a real innovation, we are going to take notice.  But to date, the vast majority is either a folly or a scam.    


The reason why you don't understand Nxt TF or InstaDex is that you haven't actually done any research on them to fully understand how it's possible. InstaDex is the realtime trading of Nxt Assets, BTC and other Alt Assets exist on Nxt AE via MGW.  Have you reviewed the TF algorithm?  You can if you want and if your tiny brain can understand it, you will see it works.  It's easy to sit here and say "this doesn't make sense to me, it's a scam, etc.."  Bitcoin is easy to explain because it's simple, like you.  If you ever had conversations with Satoshi on p2p, you would know that he left BTC as soon as it's direction followed corporate structure.  He doesn't hold the first generated Bitcoins like everyone thinks, those are lost, destroyed. His goal wasn't to make BTC the end all, it was to start a financial revolution.

Are you saying we must continue to follow Bitcoin for the purpose of making it historically significant?  That is fucking stupid.

This is like an old man's club of guys who hide behind their medallions and spend way too much time on BTT complaining that Bitcoin is too low in price. 
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