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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?
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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1807317 times)
cypherdoc
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November 12, 2014, 04:55:27 PM
 #16641

Gold, here we come.
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cypherdoc
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November 12, 2014, 05:06:59 PM
 #16642

the advent of comet gold mining has arrived!

https://twitter.com/esaoperations/status/532568050487558144
justusranvier
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November 12, 2014, 05:31:24 PM
 #16643

You may or may not have notice who seems to be running the show in most countries.

It is said that "Old age and treachery beats youth and skill every time." Smiley
Maybe you missed this, but we're doing cryptography here.

http://en.wikipedia.org/wiki/Cryptography

Quote
Cryptography (or cryptology; from Greek κρυπτός kryptós, "hidden, secret"; and γράφειν graphein, "writing", or -λογία -logia, "study", respectively)[1] is the practice and study of techniques for secure communication in the presence of third parties (called adversaries).[2] More generally, it is about constructing and analyzing protocols that overcome the influence of adversaries[3] and that are related to various aspects in information security such as data confidentiality, data integrity, authentication, and non-repudiation.[4] Modern cryptography intersects the disciplines of mathematics, computer science, and electrical engineering.

It's an entire field dedicated toward using math to reduce the ability of people like you to "run the show."
tvbcof
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November 12, 2014, 05:37:39 PM
 #16644


For anyone over 40 I have no advice

I suspect no-one over 40 would want the advice of anyone who regularly expresses such certainty in their opinions or has such a skewed view of the world. Smiley


At around age 45-ish one starts to understands the reaction observed of one's elders over the years when they've listen politely to one's assertions about how the world works.

Edit:  Said oldsters doubtless remember the times when they were jackasses as well.


from one old codger to another socialist old codger:  in your case, he's right.

No doubt about that.  I've been opinionated and prone to espouse on my opinions all my life.  I've also done various 180 degree about faces on a variety of issues.  A majority have been in the same general alignment through most of my life.

With Bitcoin I early on did a total 180 on transaction fees.  Initially I was negative about them at all.  When I considered things more and contemplated the system dynamics in a more holistic manner I changed my mind completely and started paying a rate that often runs into the $10/tx range.  Both arguments appear in the troll-talk archives.


cypherdoc
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November 12, 2014, 05:37:53 PM
 #16645

You may or may not have notice who seems to be running the show in most countries.

It is said that "Old age and treachery beats youth and skill every time." Smiley
Maybe you missed this, but we're doing cryptography here.

http://en.wikipedia.org/wiki/Cryptography

Quote
Cryptography (or cryptology; from Greek κρυπτός kryptós, "hidden, secret"; and γράφειν graphein, "writing", or -λογία -logia, "study", respectively)[1] is the practice and study of techniques for secure communication in the presence of third parties (called adversaries).[2] More generally, it is about constructing and analyzing protocols that overcome the influence of adversaries[3] and that are related to various aspects in information security such as data confidentiality, data integrity, authentication, and non-repudiation.[4] Modern cryptography intersects the disciplines of mathematics, computer science, and electrical engineering.

It's an entire field dedicated toward using math to reduce the ability of people like you to "run the show."

ouch
cypherdoc
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November 12, 2014, 05:41:38 PM
 #16646

Boom...

...i mean KaBoom.
tvbcof
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November 12, 2014, 05:49:23 PM
 #16647

You may or may not have notice who seems to be running the show in most countries.

It is said that "Old age and treachery beats youth and skill every time." Smiley
Maybe you missed this, but we're doing cryptography here.

http://en.wikipedia.org/wiki/Cryptography

Quote
Cryptography (or cryptology; from Greek κρυπτός kryptós, "hidden, secret"; and γράφειν graphein, "writing", or -λογία -logia, "study", respectively)[1] is the practice and study of techniques for secure communication in the presence of third parties (called adversaries).[2] More generally, it is about constructing and analyzing protocols that overcome the influence of adversaries[3] and that are related to various aspects in information security such as data confidentiality, data integrity, authentication, and non-repudiation.[4] Modern cryptography intersects the disciplines of mathematics, computer science, and electrical engineering.

It's an entire field dedicated toward using math to reduce the ability of people like you to "run the show."

If you get your way and destroy Bitcoin by trying to make it everything to everyone all the time, I can with high confidence predict that this is one place where you will do a 180 and think to yourself: "How could I have been such a fucking idiot?"

edit:  It's actually kind of funny to see A) that you think you wet-behind-the-ears folk have some sort of a monopoly on magical crypto-flakes, and B) that you think this is some sort of a trump card.  The world being full of amusing things is what keeps us old codgers going I guess.


brg444
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Bitcoin replaces central, not commercial, banks


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November 12, 2014, 05:49:37 PM
 #16648

 Shocked

this is fun

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
cypherdoc
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November 12, 2014, 05:57:53 PM
 #16649

Shocked

this is fun

it's actually quite quiet in here as everybody is scrambling to get money to exchanges or into Circle/Coinbase.  

i've seen it in a big way at least 5 times now.  

yawn.
brg444
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November 12, 2014, 06:02:20 PM
 #16650

Shocked

this is fun

it's actually quite quiet in here as everybody is scrambling to get money to exchanges or into Circle/Coinbase.  

i've seen it in a big way at least 5 times now.  

yawn.

this is my first go at it  Grin

does it feel anything like last year? too early to say maybe

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
cypherdoc
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November 12, 2014, 06:11:30 PM
 #16651

Shocked

this is fun

it's actually quite quiet in here as everybody is scrambling to get money to exchanges or into Circle/Coinbase.  

i've seen it in a big way at least 5 times now.  

yawn.

this is my first go at it  Grin

does it feel anything like last year? too early to say maybe

imo, this is the beginning of something much bigger.  we've never had such a long bearish period with so many whipsaws ending up to the downside culminating with BearWhale.  lots and lots of pessimism has built up and Bitcoin has essentially been "forgotten" outside our community. 

you won't want to hear this but usually alternative schemes like SC's usually peak in loudness and intensity at the bottoms when everybody has concluded that "OMG, we have to DO something to SAVE Bitcoin!"
Adrian-x
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November 12, 2014, 06:16:03 PM
 #16652

Shocked

this is fun

Yes I know! turn bear for a second and let a few coins slip and pow!

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
cypherdoc
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November 12, 2014, 06:16:22 PM
 #16653

you know what i see in this picture?  lots and lots of Gold!

Adrian-x
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November 12, 2014, 06:17:02 PM
 #16654

Shocked

this is fun

it's actually quite quiet in here as everybody is scrambling to get money to exchanges or into Circle/Coinbase.  

i've seen it in a big way at least 5 times now.  

yawn.

LOL, some of us have money on exchange, its just hard to uses it to push up the price.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
cypherdoc
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November 12, 2014, 06:18:15 PM
 #16655

Shocked

this is fun

Yes I know! turn bear for a second and let a few coins slip and pow!


you haven't been listening  Wink

don't ignore the size of this candle.  it's a major reversal sign and an attempt for the bulls to breakaway while everyone is caught like a deer staring into the headlights hoping that they get a pullback to get back in.
tvbcof
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November 12, 2014, 06:20:00 PM
 #16656

Boom...

...i mean KaBoom.

Obviously the message is getting out that Sidechains offer Bitcoin a plausible future Wink


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November 12, 2014, 06:23:30 PM
 #16657

Shocked

this is fun

it's actually quite quiet in here as everybody is scrambling to get money to exchanges or into Circle/Coinbase.  

i've seen it in a big way at least 5 times now.  

yawn.

this is my first go at it  Grin

does it feel anything like last year? too early to say maybe

it feels just like Descember 2012, even the selling coins before the turn feels the same. Wink only this time bigger, because there is lots of infrastructure all over the world.

when mining profitability allows gen.1 ASICs and GPU miners to turn a profit in Bitcoin its time to sell. (I'll go out on a limb here and say those Alts you dislike, will be making bitcoin gains look small)

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
cypherdoc
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November 12, 2014, 06:23:39 PM
 #16658

hey guess what?

Gold collapsing.  Bitcoin UP!
FNG
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November 12, 2014, 06:27:41 PM
 #16659

remember, remember, last November when the bulls ate everything in sight?

15k shorts to close..good luck in this bull run. You may find a few weak hands but we're now in the radar of the masses and huge funds are literally about to join the party.
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November 12, 2014, 06:33:48 PM
 #16660

remember, remember, last November when the bulls ate everything in sight?

15k shorts to close..good luck in this bull run. You may find a few weak hands but we're now in the radar of the masses and huge funds are literally about to join the party.

Bull run!

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