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Author Topic: Gold collapsing. Bitcoin UP.  (Read 2022643 times)
marcus_of_augustus
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March 31, 2015, 08:24:39 PM
 #22361

This is where BTC goes tits up, when someone pulls the plug -

http://www.zerohedge.com/news/2015-03-31/massive-blackout-hits-turkey-grounding-planes-stopping-subways-terror-not-ruled-out

Holding some wealth in physical form always recommended.

bitcoin doesn't stop, only in the affected area. Physical cash and gold (or ticket out) are all good small position diversifications.

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btcbobby
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March 31, 2015, 08:32:48 PM
 #22362

I wonder if Ulbricht will be allowed to bring up any of this at his appeal, or more importantly in his Maryland case, where these officers were parts of the team investigating him (the curTis green stuff/murder for hire plots are all a part of the Maryland case
rocks
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March 31, 2015, 08:39:35 PM
 #22363

In other news the scramble for physical among central banks is just starting. If you look at the longer-term FED gold chart it looks even worse.

Gold In Fed Vault Drops Under 6,000 Tons For The First Time, After 10th Consecutive Month Of Redemptions
http://www.zerohedge.com/news/2015-03-31/gold-fed-vault-drops-under-6000-tons-first-time-after-10th-consecutive-month-redempt

Obama the peace price winner needs to pick another country to start a war in so he can confiscate their gold too.
http://www.zerohedge.com/news/2014-03-10/was-price-ukraines-liberation-handover-its-gold-fed
sickpig
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March 31, 2015, 08:50:41 PM
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In a truly free republic, no information is forced to be kept secret.

Yet today we have:
- Secret non-public counter-terrorism "courts" which authorize everything from illegal wiretaps against the general population to ex-judicial executions at government agent will
- Secret warrants where individuals/corporations are not even allowed to say they've received a warrant or what actions were taken. It's gotten so bad we now have warrant canary sites. https://www.eff.org/deeplinks/2014/04/warrant-canary-faq
- Government restrictions on information the defense can bring (i.e. in the above). In a truly free republic an individual can decide for themselves what information to present and let a jury decide what is valid/relevant. In today's trials people are restricted.
- etc. etc. etc.

The fact Ross was not allowed to bring anything he wanted to the jury is unconstitutional, the fact that the government did not provide all information to the defense is unconstitutional, the fact most evidence was illegally obtained is unconstitutional. History books are going to marvel at how blind US citizens in the 21st century were.

Just to add another point to the above list:

Court accepts DOJ's 'state secrets' claim to protect shadowy neocons: A new low.

Quote from: Glenn Greenwald
But then something quite extraordinary happened: In September of last year, the U.S. government, which was not a party, formally intervened in the lawsuit, and demanded that the court refuse to hear Restis’s claims and instead dismiss the lawsuit against UANI before it could even start, on the ground that allowing the case to proceed would damage national security.

i didn't think it was possible but this makes the situation even worse.

Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
rocks
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March 31, 2015, 09:09:12 PM
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Just to add another point to the above list:

Court accepts DOJ's 'state secrets' claim to protect shadowy neocons: A new low.

Quote from: Glenn Greenwald
But then something quite extraordinary happened: In September of last year, the U.S. government, which was not a party, formally intervened in the lawsuit, and demanded that the court refuse to hear Restis’s claims and instead dismiss the lawsuit against UANI before it could even start, on the ground that allowing the case to proceed would damage national security.

i didn't think it was possible but this makes the situation even worse.

And the MSM and every lefty I know is just silent because "their" guy is in office. What this means is the US has fully descended into tribalism, where no one focuses on objective facts and logic as they exist or on first principles, but instead only focus on if their "clan" is winning.

The R team is just as bad, but at least when they are in office everyone is suddenly against government overreach, whereas otherwise they'd be for it.
keystroke
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March 31, 2015, 11:18:56 PM
 #22366

- Secret warrants where individuals/corporations are not even allowed to say they've received a warrant or what actions were taken. It's gotten so bad we now have warrant canary sites. https://www.eff.org/deeplinks/2014/04/warrant-canary-faq
- Government restrictions on information the defense can bring (i.e. in the above). In a truly free republic an individual can decide for themselves what information to present and let a jury decide what is valid/relevant. In today's trials people are restricted.
- etc. etc. etc.
And Australia has just made warrant canaries illegal : https://www.schneier.com/blog/archives/2015/03/australia_outla.html

Quote
Section 182A of the new law says that a person commits an offense if he or she discloses or uses information about "the existence or non-existence of such a [journalist information] warrant." The penalty upon conviction is two years imprisonment.

"The difference between a castle and a prison is only a question of who holds the keys."
cypherdoc
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March 31, 2015, 11:56:25 PM
 #22367

geezuz, Shaun Bridges reaching even beyond SR according to Charles Allen:

http://www.bloomberg.com/news/videos/2015-03-31/the-worst-2015-first-quarter-s-p-500-performers
cypherdoc
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April 01, 2015, 12:45:46 AM
 #22368

Dow futures down -92.  might wanna stock up on some Bitcoin.
cypherdoc
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April 01, 2015, 01:07:14 AM
 #22369

Dow futures down -182
cypherdoc
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April 01, 2015, 11:04:35 AM
 #22370

Well now, this made me sit  up and listen:

“The future starts in Greece and we will be the first country to use the currency of the future, a currency that doesn’t allow third parties to tell us what to do or how to live, this is the Greek thing to do,” said the Greek minister.

http://greece.greekreporter.com/2015/04/01/yanis-varoufakis-greece-will-adopt-the-bitcoin-if-eurogroup-doesnt-give-us-a-deal/
Bagatell
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April 01, 2015, 11:13:23 AM
 #22371

He was gonna go with Litecoin but didn't like the rebranding thing.

http://www.reddit.com/r/litecoin/comments/3111z8/litecoin_rebranding_and_major_protocol_changes/
cypherdoc
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April 01, 2015, 11:33:31 AM
 #22372

Well now, this made me sit  up and listen:

“The future starts in Greece and we will be the first country to use the currency of the future, a currency that doesn’t allow third parties to tell us what to do or how to live, this is the Greek thing to do,” said the Greek minister.

http://greece.greekreporter.com/2015/04/01/yanis-varoufakis-greece-will-adopt-the-bitcoin-if-eurogroup-doesnt-give-us-a-deal/

May be an April fools joke. Can't tell yet:.
Torque
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April 01, 2015, 11:45:18 AM
 #22373

Well now, this made me sit  up and listen:

“The future starts in Greece and we will be the first country to use the currency of the future, a currency that doesn’t allow third parties to tell us what to do or how to live, this is the Greek thing to do,” said the Greek minister.

http://greece.greekreporter.com/2015/04/01/yanis-varoufakis-greece-will-adopt-the-bitcoin-if-eurogroup-doesnt-give-us-a-deal/

May be an April fools joke. Can't tell yet:.

Yes, it is.  

God I hate this stupid day every year, so many folks online trying desperately to be cute/clever/funny, but all just fall flat and come off as groan worthy.  Like this one:

http://blog.newegg.com/introducing-eggcoin-the-worlds-first-egg-based-cryptocurrency/

Not even remotely funny if you ask me.
tabnloz
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April 01, 2015, 01:30:28 PM
 #22374

Well now, this made me sit  up and listen:

“The future starts in Greece and we will be the first country to use the currency of the future, a currency that doesn’t allow third parties to tell us what to do or how to live, this is the Greek thing to do,” said the Greek minister.

http://greece.greekreporter.com/2015/04/01/yanis-varoufakis-greece-will-adopt-the-bitcoin-if-eurogroup-doesnt-give-us-a-deal/

May be an April fools joke. Can't tell yet:.

It may be a joke and he may not believe it, but in the era of austerity, NIRP, unemployment and fighting against the interests of powerful institutions, it is a pretty powerful statement.
marcus_of_augustus
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April 01, 2015, 06:16:03 PM
 #22375

Well now, this made me sit  up and listen:

“The future starts in Greece and we will be the first country to use the currency of the future, a currency that doesn’t allow third parties to tell us what to do or how to live, this is the Greek thing to do,” said the Greek minister.

http://greece.greekreporter.com/2015/04/01/yanis-varoufakis-greece-will-adopt-the-bitcoin-if-eurogroup-doesnt-give-us-a-deal/

May be an April fools joke. Can't tell yet:.

It may be a joke and he may not believe it, but in the era of austerity, NIRP, unemployment and fighting against the interests of powerful institutions, it is a pretty powerful statement.

... joke's on them when you know they actually would be better off going with bitcoin but are so stupid they still treat it like a joke.

Long way to go ... "then they laugh at you"

cypherdoc
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April 01, 2015, 06:41:03 PM
 #22376

Well now, this made me sit  up and listen:

“The future starts in Greece and we will be the first country to use the currency of the future, a currency that doesn’t allow third parties to tell us what to do or how to live, this is the Greek thing to do,” said the Greek minister.

http://greece.greekreporter.com/2015/04/01/yanis-varoufakis-greece-will-adopt-the-bitcoin-if-eurogroup-doesnt-give-us-a-deal/

May be an April fools joke. Can't tell yet:.

It may be a joke and he may not believe it, but in the era of austerity, NIRP, unemployment and fighting against the interests of powerful institutions, it is a pretty powerful statement.

... joke's on them when you know they actually would be better off going with bitcoin but are so stupid they still treat it like a joke.

Long way to go ... "then they laugh at you"

most ppl still have not caught onto the idea that Bitcoin is fundamentally about honesty and hope.  the last couple of days worth of SR reading surely should highlight how deep the corruption runs into our gvt agencies that were supposed to help and protect the public good.  they have morphed into just the opposite; a threat feeding off the free money and the masses.  this is why the inflation/deflation debate is a non-starter. the current inflationary system is corrupt and serves a small financial elite who control the money supply or who are in important authoritarian positions as were the 2 agents.  those of us early Bitcoin adopters are not demanding a new system that allows us to replace those corrupt individuals; all we want is a fair system.  what we've done is also put our money where our mouths are; into a risky new currency that introduces a level playing field for all involved.  it could just as easily fail.  but at this pt i think it is highly unlikely given how far we've come.  the cat is out of the bag and Bitcoin is stimulating concerned discussions in all gvts worldwide.  there is enough decentralization at this pt where no one gvt can shut it down.  the corruption has got to stop.
cypherdoc
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April 01, 2015, 07:12:55 PM
 #22377

if the Transports drop below the SL line, look the hell out, as in confirmation of the non-confirmation:

justusranvier
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April 01, 2015, 07:17:13 PM
 #22378

most ppl still have not caught onto the idea that Bitcoin is fundamentally about honesty and hope.  the last couple of days worth of SR reading surely should highlight how deep the corruption runs into our gvt agencies that were supposed to help and protect the public good.  they have morphed into just the opposite; a threat feeding off the free money and the masses.  this is why the inflation/deflation debate is a non-starter. the current inflationary system is corrupt and serves a small financial elite who control the money supply or who are in important authoritarian positions as were the 2 agents.  those of us early Bitcoin adopters are not demanding a new system that allows us to replace those corrupt individuals; all we want is a fair system.  what we've done is also put our money where our mouths are; into a risky new currency that introduces a level playing field for all involved.  it could just as easily fail.  but at this pt i think it is highly unlikely given how far we've come.  the cat is out of the bag and Bitcoin is stimulating concerned discussions in all gvts worldwide.  there is enough decentralization at this pt where no one gvt can shut it down.  the corruption has got to stop.
There is quite a bit of propaganda devoted toward distracting people from the value of honest money.

A lot of people have a vested interest in making sure the masses never recognize that is Bitcoin's killer app.
sporket
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April 01, 2015, 07:25:56 PM
 #22379

...
most ppl still have not caught onto the idea that Bitcoin is fundamentally about honesty and hope...

Could that have anything to do with the fact that bitcoin is used mainly to commit various flavors of crime?  I mean, Bitcoin Foundation's Vice Chairman is doing time for money laundering Undecided
cypherdoc
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April 01, 2015, 07:32:57 PM
 #22380

...
most ppl still have not caught onto the idea that Bitcoin is fundamentally about honesty and hope...

Could that have anything to do with the fact that bitcoin is used mainly to commit various flavors of crime?  I mean, Bitcoin Foundation's Vice Chairman is doing time for money laundering Undecided

you're confounding the dishonest users of Bitcoin from the protocol itself which cannot be exploited to alter it's preprogrammed supply unlike we have now with fiat.
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