Bitcoin Forum
September 21, 2017, 01:53:11 AM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Poll
Question: Will you support Gavin's new block size limit hard fork of 8MB by January 1, 2016 then doubling every 2 years?
1.  yes
2.  no

Pages: « 1 ... 1149 1150 1151 1152 1153 1154 1155 1156 1157 1158 1159 1160 1161 1162 1163 1164 1165 1166 1167 1168 1169 1170 1171 1172 1173 1174 1175 1176 1177 1178 1179 1180 1181 1182 1183 1184 1185 1186 1187 1188 1189 1190 1191 1192 1193 1194 1195 1196 1197 1198 [1199] 1200 1201 1202 1203 1204 1205 1206 1207 1208 1209 1210 1211 1212 1213 1214 1215 1216 1217 1218 1219 1220 1221 1222 1223 1224 1225 1226 1227 1228 1229 1230 1231 1232 1233 1234 1235 1236 1237 1238 1239 1240 1241 1242 1243 1244 1245 1246 1247 1248 1249 ... 1558 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 1977618 times)
TPTB_need_war
Sr. Member
****
Offline Offline

Activity: 420


View Profile
May 13, 2015, 07:01:37 AM
 #23961


It is being promoted in the mass media because the global elite desire to have a non-anonymous global ledger of all transactions (except their own of course which will always be exempted) that can't scale without falling into their centralization lap. Seems to be an outcome that is occurring precisely as it was designed to by the DEEP STATE.

And the fanboys cheer for their own enslavement, similar to the dog which chases its tail and doesn't know why it hurts.

If it wasn't being promoted in the media and still growing exponentially and virally, then I would wet my pants.

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1505958791
Hero Member
*
Offline Offline

Posts: 1505958791

View Profile Personal Message (Offline)

Ignore
1505958791
Reply with quote  #2

1505958791
Report to moderator
1505958791
Hero Member
*
Offline Offline

Posts: 1505958791

View Profile Personal Message (Offline)

Ignore
1505958791
Reply with quote  #2

1505958791
Report to moderator
1505958791
Hero Member
*
Offline Offline

Posts: 1505958791

View Profile Personal Message (Offline)

Ignore
1505958791
Reply with quote  #2

1505958791
Report to moderator
TPTB_need_war
Sr. Member
****
Offline Offline

Activity: 420


View Profile
May 13, 2015, 07:11:34 AM
 #23962

http://news.goldseek.com/GoldSeek/1431444202.php

Getting closer to the moment it works until it doesnt.

Not quite there yet.

Happened for a few hours today as well. Japan, then Europe. Again though, someone stepped in.

I will quote this into the Economic Devastation thread. Thanks.

TPTB_need_war
Sr. Member
****
Offline Offline

Activity: 420


View Profile
May 13, 2015, 07:21:20 AM
 #23963

Richard Gendal Brown, who i've never been fond of b/c of his misperceptions around Bitcoin, may be finally getting it:

So, sure: bitcoin raises all kinds of conceptual, legal, technical and philosophical questions. But it would only take one of these scenarios to drive some adoption and, very quickly, bitcoin might cease to be a sideshow.  And, given that its core design goal of censorship-resistant digital cash has such disruptive potential – good and bad, this possibility alone is reason to keep an eye on it. Dismissing it entirely could be a big mistake.


http://gendal.me/2015/05/12/blockchain-is-where-banks-have-the-most-obvious-opportunity-but-you-ignore-bitcoin-at-your-peril/

Terrific piece.

Censorship resistance = bearer P2P cash. Correct. Bitcoin ain't got it.

Hunyadi
Legendary
*
Offline Offline

Activity: 1269


☑ ♟ ☐ ♚


View Profile
May 13, 2015, 07:27:25 AM
 #23964

http://news.goldseek.com/GoldSeek/1431444202.php

Getting closer to the moment it works until it doesnt.

Not quite there yet.

Happened for a few hours today as well. Japan, then Europe. Again though, someone stepped in.

How did you notice? Do you have any links?

e: germany generic govt 10y yield

▂▃▅▇█▓▒░BTC-Cultist░▒▓█▇▅▃▂
TPTB_need_war
Sr. Member
****
Offline Offline

Activity: 420


View Profile
May 13, 2015, 07:34:11 AM
 #23965

What the US traded was a series of small but easily recoverable busts that continuously cleansed out the system, for a system that appears stable but in reality is not, the series of small busts are simply being allowed to build into one massive bust.

They exchange function for confidence, the real for the prettier illusion.

I suppose it is a risk...  If you are running such a really long con, even your successors might fall for it.

The problem is that the nanny-state psychology doesn't waterfall revert. This is why such centralized manipulation sometimes results in Dark Ages.

I am "gruff" because I see a very significant danger we are sliding into a Dark Age of NWO fascist totalitarianism with the masses fully conditioned to accept the slow burn eugenics paradigm.

Bitcoin seems to be doing its role to aid that outcome. As I said, I support Bitcoin because it can be conduit to a potential solution. But I want to remain frank about what I think Bitcoin's other impact will be.

That we and the elite both need Bitcoin, speaks to why it is succeeding. Anything that is more aligned to our true ideology and not aligned at all to the NWO outcome for Bitcoin is going to fought very hard by the current system.

P.S. apologies if my posts are depressing. I am realistic, optimist. Meaning I see the cup as half full when it is. But when it is empty, I call a spade a spade. I hope to present a half-full option soon that I can be inspired about...

NewLiberty
Legendary
*
Offline Offline

Activity: 1162


Gresham's Lawyer


View Profile WWW
May 13, 2015, 10:56:59 AM
 #23966

Yet another escalation in the international War on Cash:
https://www.cryptocoinsnews.com/denmark-central-bank-stop-printing-money-shops-can-refuse-accept-notes-coins/

FREE MONEY1 Bitcoin for Silver and Gold NewLibertyDollar.com and now BITCOIN SPECIE (silver 1 ozt) shows value by QR
Bulk premiums as low as .0012 BTC "BETTER, MORE COLLECTIBLE, AND CHEAPER THAN SILVER EAGLES" 1Free of Government
NewLiberty
Legendary
*
Offline Offline

Activity: 1162


Gresham's Lawyer


View Profile WWW
May 13, 2015, 11:03:01 AM
 #23967

P.S. apologies if my posts are depressing. I am realistic, optimist. Meaning I see the cup as half full when it is. But when it is empty, I call a spade a spade. I hope to present a half-full option soon that I can be inspired about...
To me they seem less depressing and more simply incomprehensible.
You may well be a smart fellow with your eyes open, but these seem more http://www.godlikeproductions.com/ type messages.  Not sure at all what you are saying other than that there are big bad powerful things to fear out there somewhere.

FREE MONEY1 Bitcoin for Silver and Gold NewLibertyDollar.com and now BITCOIN SPECIE (silver 1 ozt) shows value by QR
Bulk premiums as low as .0012 BTC "BETTER, MORE COLLECTIBLE, AND CHEAPER THAN SILVER EAGLES" 1Free of Government
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
May 13, 2015, 01:04:03 PM
 #23968

You can't keep  it down
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
May 13, 2015, 01:25:39 PM
 #23969

Here was my comment on IBLT:

https://gist.github.com/gavinandresen/e20c3b5a1d4b97f79ac2#comment-1324639

My thought is it appears to me to be pie-in-the-sky in sense of hoping that parties will avoid the increasing probability of failure as the compression rate increases. In short, the system will need be highly centralized in order to cope with that loss of entropy.

Did you read the comment below yours? It is from Rusty Russell, a software genius who is behind parts of the Linux kernel. He and Kalle Rosenbaum exchange notes on their independently developed implementations of IBLT tested using tx recovered from the Bitcoin blockchain. It is not pie-in-the-sky. It works!
http://rustyrussell.github.io/pettycoin/2014/11/05/Playing-with-invertible-bloom-lookup-tables-and-bitcoin-transactions.html

Regarding "compression rate increase" == "system will need be highly centralized".
Successful compression rate increase is a function of the synchronization of node mempools, remember they are already all running the same software (consensus code), and receiving the same cascading p2p unconfirmed tx. They don't need to be centralized, they just need to avoid applying their own personal tx censorship rules (e.g. like Eligius who regards Counterparty tx as spam while encoding books is fine and dandy).

If all miners already have a copy of (nearly) all transactions and they only need to confirm that, then that is indeed very low entropy. For example it doesn't allow for any network disruption hiccups. When all-for-one-and-one-for-all (Communism, low entropy) have to agree on (nearly) everything then oligarchies naturally form into that power vacuum.

Again you are asking small miners to have connectivity, memory, and processing power to listen all transactions or trust a proxy (pool) to do it for them.

This worsens centralization egregiously when moving to micropayments scale.

Some have stated Bitcoin can never work for micropayments scale, so if that is not the goal, and if pools are an acceptable outcome, then this IBLT method probably suffices for scaling Bitcoin within that low entropy paradigm and the potential Sybil attacks on pools.

I guess it is because I am looking at this from the perspective of my (conceptual) solution which makes orthogonal what must be centralized from what can be decentralized, and thus achieves an overall provable decentralization (no Sybil attack possible, no low entropy power vacuum, transactions can't be unspent by orphaned chains, etc) and micropayments scaling.

Agreed IBLT can be shown to work in such a low entropy constraint (all-for-one and very limited headroom scaling), which was the point of my comment. Thus afaics, Rusty has not refuted my comment (don't know if he was trying to).

IBLT doesn't alleviate the advantage w.r.t. higher orphan rate for larger pools with better connectivity (if the smaller miner can't listen to all micropayment transactions any way) which ameliorates cypherdoc's retort against one of my threat vectors. Again if Bitcoin isn't going to scale, then fine you can use IBLT up to Visa scale perhaps. But realize Visa was for brick and mortar industrial age and we are headed towards millions and billions of transactions per second in the knowledge age.

Some of you mention side-chains, but it doesn't matter where you put the chain, you just have to solve the fundamental design issue else you've just sugarcoated more centralization (e.g. you'll end up with a few behemoths such as Coinbase, Circle, Paypal, Facebook, etc processing the micropayments offchain).

I suppose any way you head off into the maze, you will always end up back at my solution.

You can't come  in here, criticize Bitcoin, tell us  you have the solution, not tell us what it is, ask for $10K to tell us, vomit voluminously all over the thread mostly  incoherently, tell us it doesn't involve blocks, and expect  us to take you seriously.

Your theory is all gvts are in bed together with all the banks and big retailers and they are all going to Sybil attack us into a  one world  currency. Most of us have already thought about that. It's not likely.

Any altcoin  of yours that excludes blocks had better be good because that is precisely what has made satoshi's Bitcoin possible.
Erdogan
Hero Member
*****
Offline Offline

Activity: 798


View Profile
May 13, 2015, 01:53:23 PM
 #23970

Interesting gold price movement.

TPTB_need_war
Sr. Member
****
Offline Offline

Activity: 420


View Profile
May 13, 2015, 01:58:09 PM
 #23971

To me they seem less depressing and more simply incomprehensible.

Could you be more specific please? Because my posts were very specific. You have not stated what specifically I enumerated which you think is incomprehensible?

And you post the following which supports my thesis:


boumalo
Legendary
*
Offline Offline

Activity: 1162


View Profile
May 13, 2015, 02:05:25 PM
 #23972

Interesting gold price movement.


It is often interesting, it has been resisting but when it will go up aggressively, the US bubble game will be over.

TPTB_need_war
Sr. Member
****
Offline Offline

Activity: 420


View Profile
May 13, 2015, 02:16:43 PM
 #23973

tell us it doesn't involve blocks

I didn't write that.

http://en.wikipedia.org/wiki/Orthogonality#Computer_science

Quote
Orthogonality is a system design property which guarantees that modifying the technical effect produced by a component of a system neither creates nor propagates side effects to other components of the system. Typically this is achieved through the separation of concerns and encapsulation, and it is essential for feasible and compact designs of complex systems. The emergent behavior of a system consisting of components should be controlled strictly by formal definitions of its logic and not by side effects resulting from poor integration, i.e., non-orthogonal design of modules and interfaces.

Your theory is all gvts are in bed together with all the banks and big retailers

And people like you said the NSA isn't recording everything until Edward Snowden leaked.

If you had compiled all the corroborating data I have, you would realize how foolish you appear to me.

and they are all going to Sybil attack us into a  one world  currency.

The inevitable one world reserve currency is not likely to be Bitcoin for the reasons I explained in the detailed thread (where the poll says 30% agreed).

The powers-that-be are moving us into a cashless (meaning not P2P bearer) economy and control over Bitcoin while getting dumb-ass geeks to support their own enslavement has been major coup.

Sheesh I have female neurobiologist researcher friend who has stronger analytical skills than some of you men here appear to have.

Most of us have already thought about that. It's not likely.

Enlighten me with some delusion and myopia I haven't heard already?

Maybe you can convince me, but it needs to be solid.

Any altcoin of yours that excludes blocks had better be good because that is precisely what has made satoshi's Bitcoin possible.

I guess I should excuse your lack of reading comprehension because you are in an emotional fit of rage when you read my posts?

TPTB_need_war
Sr. Member
****
Offline Offline

Activity: 420


View Profile
May 13, 2015, 02:27:22 PM
 #23974

Interesting gold price movement.


It is often interesting, it has been resisting but when it will go up aggressively, the US bubble game will be over.

Goldbugs make me want to vomit. Gold is a bystander and has no impact on the US bubble game. It will get interesting to me at $850. It will go high because of the general rush into private assets as the global sovereign debt collapse gets underway. But it is not the lever driving the default of the bubble. Sheesh maybe a $trillion market cap versus $250+ trillion in global net worth.

Cripes I remember arguing with you guys when Bitcoin was $600 the first time and saying it would go to $300. Then I said headed to $150 when it bounced the second time to $600. Now I say it is going below $150 and you again will think I am incorrect. How many times do I have to be correct before I get some respect?

Was my exact timing call on the movements of silver not correct?

http://www.marketoracle.co.uk/Article23786.html

inca
Legendary
*
Offline Offline

Activity: 1162


View Profile
May 13, 2015, 02:29:19 PM
 #23975

Interesting gold price movement.


It is often interesting, it has been resisting but when it will go up aggressively, the US bubble game will be over.

Goldbugs make me want to vomit. Gold is a bystander and has no impact on the US bubble game. It will get interesting to me at $850. It will go high because of the general rush into private assets as the global sovereign debt collapse gets underway. But it is not the lever driving the default of the bubble.

See Exter's pyramid.

TPTB_need_war
Sr. Member
****
Offline Offline

Activity: 420


View Profile
May 13, 2015, 02:32:37 PM
 #23976

Interesting gold price movement.


It is often interesting, it has been resisting but when it will go up aggressively, the US bubble game will be over.

Goldbugs make me want to vomit. Gold is a bystander and has no impact on the US bubble game. It will get interesting to me at $850. It will go high because of the general rush into private assets as the global sovereign debt collapse gets underway. But it is not the lever driving the default of the bubble.

See Exter's pyramid.

I was writing about and expounding on Exter since 2005. You are preaching to someone who knows all your tricks because I used to be a silverbug.

Exter's pyramid will only be correct if we go into a lights out Dark Age, because if everything moves to gold, it won't stop there and then society moves to food as money. Strong moves into gold (as a hedge against government) only last for a few years. Severe moves into gold are when capital goes into hiding and society collapses entirely F.U.B.A.R..

Society will much prefer to be managed from a NWO top-down system than move to total collapse. The coming chaos is by design to beingbring the detractors to their knees and to gain the social will to adopt the one-world reserve compromise.

Armstrong opened my eyes to reality.

tabnloz
Legendary
*
Offline Offline

Activity: 962


View Profile
May 13, 2015, 02:44:57 PM
 #23977

http://news.goldseek.com/GoldSeek/1431444202.php

Getting closer to the moment it works until it doesnt.

Not quite there yet.

Happened for a few hours today as well. Japan, then Europe. Again though, someone stepped in.

How did you notice? Do you have any links?

e: germany generic govt 10y yield

updated version

http://www.zerohedge.com/news/2015-05-12/bund-plunge-protection-team-rescue-again
ErisDiscordia
Legendary
*
Offline Offline

Activity: 996


Imposition of ORder = Escalation of Chaos


View Profile
May 13, 2015, 03:09:54 PM
 #23978

Society will much prefer to be managed from a NWO top-down system than move to total collapse.

This right here I find to be the biggest reason why we need to work on alternative, decentralized systems and do it fast. Because do we really know when the crash will happen? A basic infrastructure has to be present when the collapse of the old system gets underway, otherwise we'll find ourselves being dragged towards a fully centralized control system by popular demand and it won't even matter if the system has been premeditated by some existing power groups, or not.

It's all bullshit. But bullshit makes the flowers grow and that's beautiful.
justusranvier
Legendary
*
Offline Offline

Activity: 1400



View Profile WWW
May 13, 2015, 03:12:47 PM
 #23979

They exchange function for confidence, the real for the prettier illusion.

I suppose it is a risk...  If you are running such a really long con, even your successors might fall for it.
100 years is such a long time that anyone working at a CB has to believe that they are following tried and tested principles.
What saved the long con for so long was the 20th century population boom and technological revolutions.

Those two factors created wealth at a faster rate than the central banks could destroy it. So much so, that it wasn't apparent to anyone that the central banks were destroying wealth at all.

That no longer appears to be the case.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
May 13, 2015, 03:24:01 PM
 #23980

Pruden, i think it would be PrudenT to get the hell out:

Pages: « 1 ... 1149 1150 1151 1152 1153 1154 1155 1156 1157 1158 1159 1160 1161 1162 1163 1164 1165 1166 1167 1168 1169 1170 1171 1172 1173 1174 1175 1176 1177 1178 1179 1180 1181 1182 1183 1184 1185 1186 1187 1188 1189 1190 1191 1192 1193 1194 1195 1196 1197 1198 [1199] 1200 1201 1202 1203 1204 1205 1206 1207 1208 1209 1210 1211 1212 1213 1214 1215 1216 1217 1218 1219 1220 1221 1222 1223 1224 1225 1226 1227 1228 1229 1230 1231 1232 1233 1234 1235 1236 1237 1238 1239 1240 1241 1242 1243 1244 1245 1246 1247 1248 1249 ... 1558 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!