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Author Topic: Gold collapsing. Bitcoin UP.  (Read 2010084 times)
Arnab biswas
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February 17, 2015, 03:08:48 AM
 #21301

seems that bitcoin is collapsing again Sad

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justusranvier
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February 17, 2015, 03:09:46 AM
 #21302

so sad:

AT&T charges $29 more for gigabit fiber that doesn’t watch your Web browsing

http://arstechnica.com/business/2015/02/att-charges-29-more-for-gigabit-fiber-that-doesnt-watch-your-web-browsing/
A good VPN is about 5 euros/month.

Take the $29 discount, route 100% of your traffic through a VPN, and you still come out ahead.
Hróðólfr
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February 17, 2015, 08:01:14 AM
 #21303

so sad:

AT&T charges $29 more for gigabit fiber that doesn’t watch your Web browsing

http://arstechnica.com/business/2015/02/att-charges-29-more-for-gigabit-fiber-that-doesnt-watch-your-web-browsing/
A good VPN is about 5 euros/month.

Take the $29 discount, route 100% of your traffic through a VPN, and you still come out ahead.

but how can you know that the VPN won't watch you?

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cbeast
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Let's talk governance, lipstick, and pigs.


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February 17, 2015, 08:15:41 AM
 #21304

I line the way these guys talk;

The Winklevoss twins have been vocal in their belief that bitcoin can match up with, or beat, the market for gold. Tyler told VICE News that if the currency can become a "better gold" — a commodity with long-term, bankable value — it could have a market cap of more than $1 trillion.

https://news.vice.com/article/a-nasdaq-for-bitcoin-vice-news-interviews-the-winklevoss-twins-about-the-future-of-cryptocurrency
As much as I want to, I can't hate the Winklevoss twins. I feel the same way about Libertarians. Bitcoin brings everyone together in spite of their differences. I guess it takes all kinds of ingredients to make a great recipe.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
razorramon
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February 17, 2015, 10:48:54 AM
 #21305

so sad:

AT&T charges $29 more for gigabit fiber that doesn’t watch your Web browsing

http://arstechnica.com/business/2015/02/att-charges-29-more-for-gigabit-fiber-that-doesnt-watch-your-web-browsing/

wow...i hope they bankrupt
lebing
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Enabling the maximal migration


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February 17, 2015, 12:01:41 PM
 #21306

so sad:

AT&T charges $29 more for gigabit fiber that doesn’t watch your Web browsing

http://arstechnica.com/business/2015/02/att-charges-29-more-for-gigabit-fiber-that-doesnt-watch-your-web-browsing/
A good VPN is about 5 euros/month.

Take the $29 discount, route 100% of your traffic through a VPN, and you still come out ahead.

but how can you know that the VPN won't watch you?

you pay with bitcoin and it doesnt matter if they watch you. they won't know who "you" are.

Bro, do you even blockchain?
-E Voorhees
sporket
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February 17, 2015, 12:21:53 PM
 #21307

so sad:

AT&T charges $29 more for gigabit fiber that doesn’t watch your Web browsing

http://arstechnica.com/business/2015/02/att-charges-29-more-for-gigabit-fiber-that-doesnt-watch-your-web-browsing/
A good VPN is about 5 euros/month.

Take the $29 discount, route 100% of your traffic through a VPN, and you still come out ahead.

but how can you know that the VPN won't watch you?

you pay with bitcoin and it doesnt matter if they watch you. they won't know who "you" are.

^Horrible advice.  The VPN sees your IP, which is exactly what you're trying to obfuscate by using a VPN.
cypherdoc
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February 17, 2015, 02:29:34 PM
 #21308

Gold Collapsing. Bitcoin bottoming.
cypherdoc
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February 17, 2015, 02:52:24 PM
 #21309

Silver getting bitch slapped
cypherdoc
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February 17, 2015, 03:20:18 PM
 #21310

oh Lordy.  not again!

Gold collapsing.  Bitcoin UP:

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February 17, 2015, 03:25:54 PM
 #21311

traderCJ, DZZ up 18%:

ErisDiscordia
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Imposition of ORder = Escalation of Chaos


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February 17, 2015, 03:27:34 PM
 #21312


well, but there is a difference between losing money of government/bank-backed fiat kind and losing decentralised BTCs, right?
In the first case, there are certain guarantees to protect you from a loss, even if that means 'let's print some more money', in the latter case, once the money is gone it is gone for good. Unless the receiving party will send it back to you. I just can't find the reason for doing so.

In the former case the banks loss is covered by increasing everyones premiums and insurances or with a bail out by governments in the form of QE monetary dilution. In the latter the company that lost all the BTC either goes bankrupt or recompenses customers loss, plus all of their contemporaries are incentivised into making stronger storage systems.

When you come down to it, the primary complaint detractors have against bitcoin is they cannot socialize their own losses, that are a result of their own incompetence, on others . The prospect that they will directly bear the consequences of their own bad decisions, and not be able to force their loses on others, scares them to death.

Those of us who are sick and tired of have other people's losses forced on us (as uki promotes), look at bitcoin as a salvation.

Nailed it. Another thing is that abandoning personal responsibility for the supposed safety of the "experts" or authorities makes you incapable of critical thought and independence. You can see the same effect in pretty much every area where government is heavily involved. Nowadays people can't even educate their own children, care for their own health, plan their own retirement or handle their own money. A pretty sad state of affairs which can imo be only remedied by relocating responsibility where it belongs and where it is most effective: with the individual.

I'd suggest your taking it slightly too far here, a person can not be an expert in everything, there simply is not enough time in the day. TRUST being the key issue. I trust a teacher to provide a good education or a service to perform as they claim. Obviously due diligence is an important factor but an unwatched business will frequently cut corners/ take extra risk to make a profit. (hence the misconception regulation will improve the status quo). The point most detractors don't seem to realise is that theoretically at least, Bitcoin businesses have the potential to eliminate the need for trust entirely.  (just wish more of them would implement it already)

This is hugely valuable and seldomly mentioned in the mainstream media.

Point taken. I'm not suggesting that everyone try to become an expert on everything, division of labor obviously has its benefits. Your area of expertise should be in knowing which expert opinions to listen to - as opposed to blindly accepting whatever is handed to you as "education" or "health care". Then there is also the question of how frugally we consume resources where the cost of production has been socialized (hint: not very much). But in general the more responsibility you give away, the more complacent and less adaptable you become.

It's all bullshit. But bullshit makes the flowers grow and that's beautiful.
Miz4r
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February 17, 2015, 03:42:02 PM
 #21313

But in general the more responsibility you give away, the more complacent and less adaptable you become.

Wise words. People have become complacent and apathetic due to this and are busy consuming their own culture. Real life news has become a form of entertainment you watch lying on the sofa with a beer in your hand.

Bitcoin = Gold on steroids
Wekkel
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February 17, 2015, 05:11:49 PM
 #21314

Quote
The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn.

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rocks
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February 17, 2015, 05:22:09 PM
 #21315

Quote
The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn.
That's a great quote, where/who is it from?
Adrian-x
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February 17, 2015, 06:01:06 PM
 #21316

I was going to post and say thanks for the last 2 quotes, they are awesome, so Thanks, re-quoted for posterity.  

But in general the more responsibility you give away, the more complacent and less adaptable you become.

and
Quote
The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn.

In other news Canadian Bitcoin exchanges dropping like flies, CAvirtex going dark, this time I get a hint at what it's like to have coins on an exchange.

there must be an imminent rally coming on or something Tongue

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
explorer
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February 17, 2015, 06:21:16 PM
 #21317

I was going to post and say thanks for the last 2 quotes, they are awesome, so Thanks, re-quoted for posterity.  

But in general the more responsibility you give away, the more complacent and less adaptable you become.

and
Quote
The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn.

In other news Canadian Bitcoin exchanges dropping like flies, CAvirtex going dark, this time I get a hint at what it's like to have coins on an exchange.

there must be an imminent rally coming on or something Tongue

Something must be up.  I guess I'll scrape my $0.07 and BTC0.06 out of there, lest it dissappear  Tongue 
To think I used to hold some coins on there.... what's left for Canadians?
msin
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February 17, 2015, 08:37:27 PM
 #21318

what's left for Canadians?

Maple Syrup
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February 17, 2015, 08:49:17 PM
 #21319

what's left for Canadians?

Maple Syrup

Excellent.  I'm well stocked.
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February 17, 2015, 09:22:48 PM
 #21320

"The Telegraph’s recent coverage of HSBC amounts to a form of fraud on its readers. It has been placing what it perceives to be the interests of a major international bank above its duty to bring the news to Telegraph readers"

https://www.opendemocracy.net/ourkingdom/peter-oborne/why-i-have-resigned-from-telegraph#.VOOCLwagd5Y.twitter
Pages: « 1 ... 1016 1017 1018 1019 1020 1021 1022 1023 1024 1025 1026 1027 1028 1029 1030 1031 1032 1033 1034 1035 1036 1037 1038 1039 1040 1041 1042 1043 1044 1045 1046 1047 1048 1049 1050 1051 1052 1053 1054 1055 1056 1057 1058 1059 1060 1061 1062 1063 1064 1065 [1066] 1067 1068 1069 1070 1071 1072 1073 1074 1075 1076 1077 1078 1079 1080 1081 1082 1083 1084 1085 1086 1087 1088 1089 1090 1091 1092 1093 1094 1095 1096 1097 1098 1099 1100 1101 1102 1103 1104 1105 1106 1107 1108 1109 1110 1111 1112 1113 1114 1115 1116 ... 1558 »
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