Gold collapsing. Bitcoin UP.

[cypherdoc]

the bond managers are getting desperate.  anything to make their bond portfolio prices go up.  

note that this guy doesn't ever truly think that gvt manipulation of interest rates will ever be to the upside; he knows they're a one trick pony.  it would just be a matter of how negative they want to take them to screw the savers to his benefit:

http://www.telegraph.co.uk/finance/personalfinance/comment/11602399/Ban-cash-end-boom-and-bust.html

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[NewLiberty]

the bond managers are getting desperate.  anything to make their bond portfolio prices go up.  

note that this guy doesn't ever truly think that gvt manipulation of interest rates will ever be to the upside; he knows they're a one trick pony.  it would just be a matter of how negative they want to take them to screw the savers to his benefit:

http://www.telegraph.co.uk/finance/personalfinance/comment/11602399/Ban-cash-end-boom-and-bust.html

LOL!  End boom and bust by sticking only to bust?

The more they squeeze though, the more that making a compelling case for Bitcoin to everyone who learns of it becomes easy.

[cypherdoc]

accelerating to the downside now. 

sidhujag, heads up.

[molecular]

real trouble in bond land:

investment grade:

if this was bitcoin I would be shitting my pants now.

[rocks]

The age old model is that when the banks get out of control, a few fail (or a few hundred) and it resets as the survivors scoop up the remains.  Now with the use of state power, they have taxpayer funded bailouts, bail-ins and all sorts of new ways to destroy wealth.

It was the emergence of the "Too Big To Fail" policy which created this and was effectively codified into law with the LTCM bailout in the late 1990s.

To Big To Fail = disabling the clearing mechanism which is necessary for a functioning capitalist society. If you are too big to fail, then you can do anything and be as inefficient as possible, but that inefficiency will never be cleared out of the market.

The creation of the FED in 1913 was essentially to formation of a too big to fail policy at the government level (before the US gov would have to go for bailouts itself). But as you pointed out banks and other industry were still allowed to fail. This stopped in the 1990s and TBTF was extended to corporations, which is why every corporate entity from banks to auto manufactures (i.e. GM/Chrysler) have tried to position themselves as too big to fail.

This will continue until the dollar fails, effectively destroying the too big to fail enabler.

[adamstgBit]

the bond managers are getting desperate.  anything to make their bond portfolio prices go up.  

note that this guy doesn't ever truly think that gvt manipulation of interest rates will ever be to the upside; he knows they're a one trick pony.  it would just be a matter of how negative they want to take them to screw the savers to his benefit:

http://www.telegraph.co.uk/finance/personalfinance/comment/11602399/Ban-cash-end-boom-and-bust.html

LOL!  End boom and bust by sticking only to bust?

The more they squeeze though, the more that making a compelling case for Bitcoin to everyone who learns of it becomes easy.

why don't they just tell us what to buy how much of it and when.

like if my friend saved up to  much money he should be forced by law to take an expensive trip.

[cypherdoc]

the most dangerous chart on the planet, right now.

tomorrow is going to be a big day, i'd guess.  either a big down or big up sticksave:

[cypherdoc]

the bond managers are getting desperate.  anything to make their bond portfolio prices go up.  

note that this guy doesn't ever truly think that gvt manipulation of interest rates will ever be to the upside; he knows they're a one trick pony.  it would just be a matter of how negative they want to take them to screw the savers to his benefit:

http://www.telegraph.co.uk/finance/personalfinance/comment/11602399/Ban-cash-end-boom-and-bust.html

LOL!  End boom and bust by sticking only to bust?

The more they squeeze though, the more that making a compelling case for Bitcoin to everyone who learns of it becomes easy.

why don't they just tell us what to buy how much of it and when.

like if my friend saved up to  much money he should be forced by law to take an expensive trip.

Peter Schiff will probably be right; another QE before an interest rate hike.

[adamstgBit]

the bond managers are getting desperate.  anything to make their bond portfolio prices go up.  

note that this guy doesn't ever truly think that gvt manipulation of interest rates will ever be to the upside; he knows they're a one trick pony.  it would just be a matter of how negative they want to take them to screw the savers to his benefit:

http://www.telegraph.co.uk/finance/personalfinance/comment/11602399/Ban-cash-end-boom-and-bust.html

LOL!  End boom and bust by sticking only to bust?

The more they squeeze though, the more that making a compelling case for Bitcoin to everyone who learns of it becomes easy.

why don't they just tell us what to buy how much of it and when.

like if my friend saved up to  much money he should be forced by law to take an expensive trip.

Peter Schiff will probably be right; another QE before an interest rate hike.

and that will fix it, crisis averted! fuck these guys are pure genius!

[sidhujag]

the bond managers are getting desperate.  anything to make their bond portfolio prices go up.  

note that this guy doesn't ever truly think that gvt manipulation of interest rates will ever be to the upside; he knows they're a one trick pony.  it would just be a matter of how negative they want to take them to screw the savers to his benefit:

http://www.telegraph.co.uk/finance/personalfinance/comment/11602399/Ban-cash-end-boom-and-bust.html

LOL!  End boom and bust by sticking only to bust?

The more they squeeze though, the more that making a compelling case for Bitcoin to everyone who learns of it becomes easy.

why don't they just tell us what to buy how much of it and when.

like if my friend saved up to  much money he should be forced by law to take an expensive trip.

Peter Schiff will probably be right; another QE before an interest rate hike.

Arent they opposite? QE to stimulate and interest rates rise to stiffle spending? If qe happens before rates rise that would be catalyst for total loss  of confidence in the people in charge.

[cypherdoc]

the bond managers are getting desperate.  anything to make their bond portfolio prices go up.  

note that this guy doesn't ever truly think that gvt manipulation of interest rates will ever be to the upside; he knows they're a one trick pony.  it would just be a matter of how negative they want to take them to screw the savers to his benefit:

http://www.telegraph.co.uk/finance/personalfinance/comment/11602399/Ban-cash-end-boom-and-bust.html

LOL!  End boom and bust by sticking only to bust?

The more they squeeze though, the more that making a compelling case for Bitcoin to everyone who learns of it becomes easy.

why don't they just tell us what to buy how much of it and when.

like if my friend saved up to  much money he should be forced by law to take an expensive trip.

Peter Schiff will probably be right; another QE before an interest rate hike.

Arent they opposite? QE to stimulate and interest rates rise to stiffle spending? If qe happens before rates rise that would be catalyst for total loss  of confidence in the people in charge.

if i'm right about the stock mkt starting to roll over given the $DJT break of support, then yes, QE before interest rate hike to try and save Wall St.

as far as the latter, i think the CB's have already lost alot of ppl's confidence.

[Adrian-x]

see last line of slide:

snip...

apropo to whether or not our 1MB core devs will allow Bitcoin to develop as mobile money which is necessary for it to develop as digital gold.

on that point

I was listening to George Gilder, https://youtu.be/9T9b-X0X9FY a shining light on the future of money and Bitcoin. (i don't like is thoughts that Bitcoin will evolve into a PoS system, but otherwise he is almost clairvoyant when it comes to how Bitcoin can evolve)

He made some great points with regards to MV = PT, He points out where monetarist theory fails - falls flat on its face,  is monetarists see Money Velocity as relatively constant in there predictions and forecasting.


thus my thought - Limiting Bitcoins velocity to a maximum number of transactions that can be recorded in a fixed Block Size, is somewhat analogous to the lack of insight held by monetarists, in determining healthy monetary policy. 

[TPTB_need_war]

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.

Yeah those who are thinking that defaults will weed out the corruption from the system and set us free are naive and myopic. This is the typical goldbug simpleton thought process.

Those who are thinking—that individuals are diverse and thus will resist top-down control—are missing the point; Jeff Bezos' politics are irrelevant.  It is the mind programming of the masses over the past 80-100 years of propping up and defeating corrections with central banks and the resultant socialism (e.g. economical to watch TV 7 hours a day, State education, healthcare, welfare, military-industrial complex, etc) that has been accordingly facilitated to fester and grow—e.g. government from 12% to now 50+% of the economy (worse in Europe) and 70% when the cost of regulations are included—has ingrained the psychology of the people to demand the outcome where the banks, big retailers, government, and DEEP STATE[1] (military-industrial-complex that Eisenhower & Kennedy both warned about) are dragged into bed together because of the power vacuum of the Iron Law of Collective Action a.k.a. “democracy”. The machinations and organizations of the global elite (e.g. Council on Foreign Relations, the Trilateral Commission, Bilderberg meetings, etc) aren't really in control, rather they are economically and entropically forced into existence by the power vacuum of collectivized action. Yet for those who deny that these elite power structures are not doing their role, I say you haven't researched the significant corroborating data[2].

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.

http://www.zerohedge.com/news/2015-05-12/face-baltimore-you-wont-see-news

Getting as far away from the zombie westerners as possible.

I dont like how Russia etc roll but your average Western European is so hopelessly dependent on the system that they are literally complicit in their own demise. Your average American cannot go more than an hour without using their smartphones, ordering Starbucks or stuffing their faces with high-fructose syrup laden, super-caloric frankenfoods.

http://www.coolpage.com/commentary/economic/shelby/Understand%20Everything%20Fundamentally.html#europe

“It amazes that otherwise bright people can’t understand the simple concept that economic collapse doesn’t convert collectivists into anarchists.”

...imagine Steve Jobs or Bill Gates. I have their demeanor when I am in competitive action mode.

Regardless of how swiftly one sprints, one cannot win a race after it has concluded: the competition has already ended, and a winner has already been decided.

My hypothesis is that the masses will fall into the NWO system (one world currency reserve nanny-state, dying industrial age morass), and the rest of us will fork off into a glorious Knowledge Age.


[1] Bill Moyers: The Deep State Hiding in Plain Sight

[2]

Peter R, seriously don't you see that Putin vs. Obama is a scripted show for the masses to drool over. The global elite are pulling the strings, the same as they did with the Bolsheviks and then handing power to the oligarchs after the fall of the Communism they created. Some homework for you: https://www.youtube.com/watch?v=Sah_Xni-gtg https://www.youtube.com/watch?v=p5Ac7ap_MAY The elite in every country are aligned with the current move towards a global Technocracy. Being ignorant (Cypherdoc) of these facts doesn't impress me. Not any more than I would be impressed that someone doesn't know all the facts surrounding 9/11 such as the letter from the SEC to Martin Armstrong confirming that all the tapes he had recorded of the malfeasance of the banksters had been held of the WTC and destroyed. Climb down the rabbit hole and study the facts, not the diversionary bullshit about UFOs, etc..

[solex]

why don't they just tell us what to buy how much of it and when.

like if my friend saved up to  much money he should be forced by law to take an expensive trip.

Ah, I can see it now. Being a Canadian your friend applies to the govt there to take a vacation to the beaches and bars of Thailand. However, the govt has different ideas, and certainly doesn't want to add to the invisibles trade deficit, and wants to goose domestic GDP. So Thailand is denied and your friend spends some weeks putting much needed tourist dollars into the impoverished communities along the remote shore of Hudson Bay.  This idea could work!
Of course senior politicians can still visit Thailand on "fact-finding" missions.

[afbitcoins]

the bond managers are getting desperate.  anything to make their bond portfolio prices go up.  

note that this guy doesn't ever truly think that gvt manipulation of interest rates will ever be to the upside; he knows they're a one trick pony.  it would just be a matter of how negative they want to take them to screw the savers to his benefit:

http://www.telegraph.co.uk/finance/personalfinance/comment/11602399/Ban-cash-end-boom-and-bust.html

      

Make cash illegal. They'll never get away with it no matter how 'futuristic' they make it sound. I'll switch to dash if theres no cash

[TPTB_need_war]

I'll switch to dash if theres no cash

You seem to forget that money has no value if at least a super minority doesn't also use it as money.

Also differentiate assets from money, primary by the liquidity (and slowing declining marginal utility[1]). Money is highly liquid while assets have variable (over class and time domains) liquidity.

The cognitive dissonance in this thread appears to be motivated by delusional hope because the reality is too depressing:

Yeah those who are thinking that defaults will weed out the corruption from the system and set us free are naive and myopic. This is the typical goldbug simpleton thought process.

Add to that the cognitive bias (foolish pride) psychology of being an early investor in Bitcoin.


[1] You could only store so many barrels of oil in your backyard before the utility would decline into a liability.

[TPTB_need_war]

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 still be the case.

Now they want to leverage our nerd productivity and use that to sustain the NWO. This is why they planted Bitcoin for us to drool over. And we are falling right into the trap.

I don't want to work for them as a defacto slave! But all my angst won't matter if we don't make a super minority for a money that isn't what they created.

[TPTB_need_war]

then you need to explain this:

I already did. Again I already alluded to the word "orthogonal" which was in one of my posts in this thread which preceded the one you quoted. You can't seem to correlate all my posts on an issue, thus apparently the low reading comprehension.

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.

please provide quote where i said that

I don't need to. Your general cognitive dissonance and denial is indicative of the effect.

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

any "proof" you've provided here is just plain old news articles most of us are already aware of.  your interpretation of those articles is what i disagree with.

Specifics else you are just obfuscating the debate.

As a programmer you should appreciate that specifics of implementation often changes the entire design. People think they know something to be true based on some generalized haze in their mind and when we drill down they say, "Oh my Gurd, you were correct".

but it's hard to feel sorry for someone who claims he understands Bitcoin when you totally missed the runup from the early days and enter in March 2013 and missed the biggest runup of them all.

I told you I don't want to introduce more of my personal circumstances into this discussion, but this is the second time you've hit me over the head with the same character assassination.

FYI, rpietila pinged me when BTC was $10 and I agreed with him to proceed to sell silver and go in big. I told him I couldn't do it, because my illness has so messed up my brain that I didn't trust myself (had uncharacteristically lost $100,000 in 2012 betting on options following some idiot promoter after having built my stash with sound thinking to 18,000 oz of silver by 2008) and was in capital preservation mode so I could survive my malaise to fight again on better days.

Also there were other factors going in my personal family life in addition to the M.S. which were causing my actions and thinking to be volatile and rash, which is another reason I decided to exclude myself from speculative investing from that point forward. I decided that my best performances in life had been coding and entrepreneurial and that I didn't have the right circumstances and psychology for managing speculative investing.

And I precisely achieved my objective to stay afloat without making any more catastrophic errors so that now I am ready to fight again as my Multiple Sclerosis appears to be under abatement with the high dose vitamin D3 treatment and I just finished coding 5000+ LOC social network over a span of 2 months. Thus proving to myself I am back to coding productivity and poised to move on to bigger and more productive actions.

Also I was handicapped to a large extent on investing (especially in physical silver) by my choice to live in Mindanao. But this does not harm my ability to code and in fact appears to give me more solitude and focus.

In short, I decided I needed to be very conservative for a while and focus on rebuilding from my core vocation which is programming and marketing. Speculative investing I should do only where the synergies are well fit, so that I don't get myself investing in things I can't keep up with.

now you claim you called it just b/c it fell from 1200.  i'm not even finding your technical discussion to be that interesting b/c it involves many assumptions i don't agree with.  and worse, those assumptions are based on doom and gloom political factors.

I was correct on silver. I was correct on gold. I was correct on BTC on the way up and down.

[TPTB_need_war]

i've stopped listening.

Meanwhile he predicted the collapse of gold, predicted the exact to the dollar closing price of oil for 2014 (back when it was $100), etc, etc..

http://armstrongeconomics.com/archives/30339

Why do Most Computer Models Fail?

Computer Models typically fail for the same reason why human forecasting from a gut personal perspective becomes a joke. In both cases, if there is no experience with the past, neither can possibly forecast the future. Such models have failed because they lack the historical database on a global scale. How is it possible to create a model that only goes back to 1971 where free data is available? What will happen is catastrophic. It will work for the period that everything is normal, but it cannot predict the major events like the Great Depression and Sovereign Debt Defaults for it has never seen such events in the data.



To put together this chart would cost over $100 million today. It was a major research project that was necessary to predict the future. The burning question was HOW DO EMPIRES FALL? Was it like a 747 plane coming down gradually for a landing, or was it a collapse out of the blue? If you do not spend this money, you cannot possibly predict how society will perform.

[cypherdoc]

then you need to explain this:

I already did. Again I already alluded to the word "orthogonal" which was in one of my posts in this thread which preceded the one you quoted. You can't seem to correlate all my posts on an issue, thus apparently the low reading comprehension.

if tx's don't have to be "put in blocks" in your altcoin, logic follows that there are no blocks.  blocks were fundamental to Satoshi's design and have provided a level of open security of data never seen before in human history.  i think you're full of shit.

In my novel new design, transactions don't have to be put in blocks in order to be confirmed. That is a very strong head scratching hint for you!

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.

please provide quote where i said that

obfuscating again.  you said i "said" that.  details i guess don't matter to you, thus you are not to be taken seriously.

I don't need to. Your general cognitive dissonance and denial is indicative of the effect.

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

any "proof" you've provided here is just plain old news articles most of us are already aware of.  your interpretation of those articles is what i disagree with.

Specifics else you are just obfuscating the debate.

As a programmer you should appreciate that specifics of implementation often changes the entire design. People think they know something to be true based on some generalized haze in their mind and when we drill down they say, "Oh my Gurd, you were correct".

i am not a programmer

but it's hard to feel sorry for someone who claims he understands Bitcoin when you totally missed the runup from the early days and enter in March 2013 and missed the biggest runup of them all.

I told you I don't want to introduce more of my personal circumstances into this discussion, but this is the second time you've hit me over the head with the same character assassination.

FYI, rpietila pinged me when BTC was $10 and I agreed with him to proceed to sell silver and go in big. I told him I couldn't do it, because my illness has so messed up my brain that I didn't trust myself (had uncharacteristically lost $100,000 in 2012 betting on options following some idiot promoter after having built my stash with sound thinking to 18,000 oz of silver by 2008) and was in capital preservation mode so I could survive my malaise to fight again on better days.

Also there were other factors going in my personal family life in addition to the M.S. which were causing my actions and thinking to be volatile and rash, which is another reason I decided to exclude myself from speculative investing from that point forward. I decided that my best performances in life had been coding and entrepreneurial and that I didn't have the right circumstances and psychology for managing speculative investing.

And I precisely achieved my objective to stay afloat without making any more catastrophic errors so that now I am ready to fight again as my Multiple Sclerosis appears to be under abatement with the high dose vitamin D3 treatment and I just finished coding 5000+ LOC social network over a span of 2 months. Thus proving to myself I am back to coding productivity and poised to move on to bigger and more productive actions.

Also I was handicapped to a large extent on investing (especially in physical silver) by my choice to live in Mindanao. But this does not harm my ability to code and in fact appears to give me more solitude and focus.

now you claim you called it just b/c it fell from 1200.  i'm not even finding your technical discussion to be that interesting b/c it involves many assumptions i don't agree with.  and worse, those assumptions are based on doom and gloom political factors.

I was correct on silver. I was correct on gold. I was correct on BTC on the way up and down.

you couldn't have been more correct than me.  check the beginning quote of mine in this thread and follow my posts thru 2011.  most ppl know and can verify my claims around gold, silver, & Bitcoin.  that's why they're here.  you on the other hand are full of shit.

btw, you seem to think gvts are going to continue to grow and take over the world.  here's a great chart from Calculated Risk that shows shrinkage of the public sector jobs under Obama and since the crisis.  it verifies what i've been claiming for quite a while now, deflation is really the dynamic in force right now to the point it is actually shrinking big gvt.  that's great news despite the fact that we still have a long, long ways to go towards that goal. And Bitcoin will help facilitate that:



i also think this graph is fascinating.  it shows the US national murder rate heading steadily down since the 1990's.  i'd like to think that might be because of the internet and a spreading social consciousness worldwide as ppl link up.  that means there's hope for a better world perhaps.



also, incremental progress on curtailing the NSA.  and you diss the significance of Snowden?:

https://www.vox.com/2015/5/13/8603193/house-vote-nsa-spying?utm_campaign=vox&utm_content=chorus&utm_medium=social&utm_source=twitter

your doom and gloom is tiresome.  here's the greatest conspiracy of all:  is Anonymint a paid NSA shill?