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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1803446 times)
tabnloz
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April 26, 2015, 03:14:46 PM
 #23101

Happened to look at Google trends page and noticed they had a part of global Bitcoin searches. Take from it what you will.

2012: Finland, Sweden, US, Australia, Norway, Canada, Russia

2013: China, Netherlands, Estonia, HK, US, Finland, Czech

2014: Iceland, Estonia, China, US, Canada, Slovenia, Singapore

2015: Slovenia, Ukraine, Singapore, HK, US, Canada, Sweden


Last 12 months, surprisingly, the largest regional interest came from Ghana. Then Slovenia, Estonia and a tad further down Latvia.


Eastern / Fringe Euro area are interested in alternate store of value, Africa for utility.
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_mr_e
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April 26, 2015, 03:32:41 PM
 #23102


Looks like it's time to get in NXT.
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April 26, 2015, 03:36:09 PM
 #23103


Isn't it dead yet? And if not, why not?
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April 26, 2015, 03:40:19 PM
 #23104


Far from it. http://nxter.org/supernet-newsletter-16/. Extreme amount of talented developers joining. 540+ slack members now from many different circles across crypto.

Also, nearing release of first decentralized exchange, with a flat trading fee of a few cents:



Hint: Supernet is NXT 2.0
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April 26, 2015, 04:00:12 PM
 #23105


Far from it. http://nxter.org/supernet-newsletter-16/. Extreme amount of talented developers joining. 540+ slack members now from many different circles across crypto.

Also, nearing release of first decentralized exchange, with a flat trading fee of a few cents:



Hint: Supernet is NXT 2.0


looks like it's dying to me:

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April 26, 2015, 04:07:01 PM
 #23106

Ya we're in a bear market in case you didn't notice:

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April 26, 2015, 04:09:02 PM
 #23107

Ya we're in a bear market in case you didn't notice:



I think this is the section you're looking for mate-

https://bitcointalk.org/index.php?board=67.0
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April 26, 2015, 04:10:40 PM
 #23108

Ya we're in a bear market in case you didn't notice:



I think this is the section you're looking for mate-

https://bitcointalk.org/index.php?board=67.0

Just answering questions. And that esma notice was littered with NXT references - the accuracy of the info was oddly quite high, like someone has been doing their homework.
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April 26, 2015, 04:22:57 PM
 #23109

Ya we're in a bear market in case you didn't notice:



not quite the same thing. 

NXT's troubles are compounded atop the Bitcoin chart, relatively speaking, as the NXT/BTC shows.  yet Bitcoin is still, in the big pic, still way up from where it started back in 2009.  otoh, NXT is below where it started off in USD terms.

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April 26, 2015, 04:39:07 PM
 #23110

I don't believe that would be the same if you include the $ value of all the assets listed on the platform. The nxt token is not the most important aspect of the system, it is simply a mechanism of which to pay for access to features on the system. You are looking at the wrong metrics. Getting into to nxt doesn't necxasarily mean to buy the Nxt token. In fact many are unable to hang in to the token as they find better uses for them, within the ecosystem, which is part of the reason the price is lower.
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April 26, 2015, 04:46:46 PM
 #23111

I don't believe that would be the same if you include the $ value of all the assets listed on the platform. The nxt token is not the most important aspect of the system, it is simply a mechanism of which to pay for access to features on the system. You are looking at the wrong metrics. Getting into to nxt doesn't necxasarily mean to buy the Nxt token. In fact many are unable to hang in to the token as they find better uses for them, which is part of the reason the price is lower.
Very nice.

You pump the nxt token one moment, the when you get called out on it you immediately change stories as if nobody will notice.
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April 26, 2015, 04:48:05 PM
 #23112

I don't believe that would be the same if you include the $ value of all the assets listed on the platform. The nxt token is not the most important aspect of the system, it is simply a mechanism of which to pay for access to features on the system. You are looking at the wrong metrics. Getting into to nxt doesn't necxasarily mean to buy the Nxt token. In fact many are unable to hang in to the token as they find better uses for them, which is part of the reason the price is lower.
Very nice.

You pump the nxt token one moment, the when you get called out on it you immediately change stories as if nobody will notice.

Nope. I am mostly ever only talking about supernet, just so happens nxt is a vital and core component and the two are pretty much becoming one in the same. Nxt doing its job as a platform is what allowed for Supernet's existence, and will allow for many more things to come.
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April 26, 2015, 04:52:56 PM
 #23113

I don't believe that would be the same if you include the $ value of all the assets listed on the platform. The nxt token is not the most important aspect of the system, it is simply a mechanism of which to pay for access to features on the system. You are looking at the wrong metrics. Getting into to nxt doesn't necxasarily mean to buy the Nxt token. In fact many are unable to hang in to the token as they find better uses for them, which is part of the reason the price is lower.
Very nice.

You pump the nxt token one moment, the when you get called out on it you immediately change stories as if nobody will notice.

Nope. I am mostly ever only talking about supernet, just so happens nxt is a vital and core component and the two are pretty much becoming one in the same. Nxt doing its job as a platform is what allowed for Supernet's existence, and will allow for many more things to come.

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April 26, 2015, 04:55:42 PM
 #23114

I don't believe that would be the same if you include the $ value of all the assets listed on the platform. The nxt token is not the most important aspect of the system, it is simply a mechanism of which to pay for access to features on the system. You are looking at the wrong metrics. Getting into to nxt doesn't necxasarily mean to buy the Nxt token. In fact many are unable to hang in to the token as they find better uses for them, which is part of the reason the price is lower.
Very nice.

You pump the nxt token one moment, the when you get called out on it you immediately change stories as if nobody will notice.

Nope. I am mostly ever only talking about supernet, just so happens nxt is a vital and core component and the two are pretty much becoming one in the same. Nxt doing its job as a platform is what allowed for Supernet's existence, and will allow for many more things to come.


Again by that I mean the ecosystem not neccasarily the token itself. There are many different ways to accomplish that. Your comparing nxt to bitcoin when they are not at all the same thing.

Nxt is the use of blockchain technology to create decentralized applications. Bitcoin is a currency and sov. Very different.

Thanks to Supernet we will be able to use Bitcoin ON the nxt platform, weaving the best of both worlds.
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April 26, 2015, 05:50:21 PM
 #23115

Does anyone see the connection between Mt.Gox and the western banking system?

Your balances in the bank are soon only nominally same thing as cash in hand. They never were quite the same, but as convertibility is severed, the price will also diverge.

I see the connection. But I also see a difference: with mtGox, when it became clear the risk was substantial, trading sites popped up that allowed trading of the goxBTC IOUs vs. real BTC. That's probably not going to happen with traditional bank deposits.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
brg444
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Bitcoin replaces central, not commercial, banks


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April 26, 2015, 05:51:41 PM
 #23116

http://cascadianhacker.com/blog/2015/04/24_bitcoin-needs-no-changes-to-destroy-your-world.html

"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
rpietila
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April 26, 2015, 06:48:32 PM
 #23117

Does anyone see the connection between Mt.Gox and the western banking system?

Your balances in the bank are soon only nominally same thing as cash in hand. They never were quite the same, but as convertibility is severed, the price will also diverge.

I see the connection. But I also see a difference: with mtGox, when it became clear the risk was substantial, trading sites popped up that allowed trading of the goxBTC IOUs vs. real BTC. That's probably not going to happen with traditional bank deposits.

Why? That happened in Cyprus (and still does afaik). Bank accounts were frozen and later mercilessly cut, and withdraw limits put into place. Of course they trade at a discount to "real money" (euros LOL  Tongue )

When it happens unionwide, then of course cash reserves are so low as to be insufficient for the economy. Also it's unlikely that cash will be trusted either, since the CB is the enemy of the people, and they have declared war on cash as well.

The bolsheviks managed to stall at max 98% of the production in Russia with their insane policies combined with ruthless terror. Let's see how the current EU do it, better eat well in preparation  Angry

Zangelbert Bingledack
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April 26, 2015, 07:18:47 PM
 #23118


If any hard trade-off actually does arise in Bitcoin, it will simply fork into two, with all holders having the same amount of coins in each. If, for example as the article suggests, there ever turns out to be a hard trade-off between scalability and Bitcoin's core property of "unimpeachability of transactions," we will have BitcoinScalable (not completely censorship resistant) and BitcoinClassic (absolutely untouchable money, but not shopper's paradise - other things like maybe OT will be necessary for more trivial transactions).

I don't see any need to worry. Once any such trade-offs encounter Fork Arbitrage (FA) on the market, the path will be clear enough. If both survive and have value, it really was a hard trade-off and there will be two. Governments can at most control one, never both.
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April 26, 2015, 09:03:00 PM
 #23119

These things will be plugged in everywhere as full nodes:

http://www.digitaltrends.com/computing/innovatek-stick-pc/

brg444
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April 26, 2015, 09:14:38 PM
 #23120

These things will be plugged in everywhere as full nodes:

http://www.digitaltrends.com/computing/innovatek-stick-pc/



I don't think 64 GB of storage is gonna cut it.

"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
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