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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1804286 times)
TPTB_need_war
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June 08, 2015, 11:45:45 PM
 #26141

One more post to clarify some final issues of great importance...

Given the links I provided in the prior post (e.g. the Reese commission report) on the existence of a cabal and given Armstrong's unwillingness to post the revelation about Larry Summer's involvement with "21 Inc" given he had published every detail about Summer's involvement, and given Armstrong's insistence on a NWO monetary cooperation reset and him conditioning us for such on set dates, has anyone else entertained the possibility that Armstrong is a fraud set up by the DEEP STATE to condition us to accept the coming machinations of the TPTB as natural? (P.S. I am still evaluating the Farrell video which mentions UFOs, as this seems too fantastical to take seriously, but I am pondering an interpretation whereby TPTB created UFO mirages to scare their own members into believing they are reptilian. Keep in mind the strange pagan rituals of these elite groups, e.g. Skull & Bones, Bohemian Grove, etc)

Armstrong's unwillingness to publish the 21 Inc revelation could be simply explained as it would blow a huge hole in his assertion there is no global coordination amongst the elite towards a NWO. But why would he resist this interpretation? Why would he resist a mea culpa? Perhaps the non-conspiratorial reason could be that he feels so strongly that the only way the world can avoid a Dark Age is to implement his proposed solution and he may feel that if the readers think TPTB are preordained then they won't work for the political solutions Armstrong has proposed.

But if Armstrong's life vocation has been about not ignoring data, then the above explanation makes no sense. Thus I return to Armstrong being a fraud as perhaps the only explanation that makes sense, but then that doesn't compute entirely either, because he was in jail for so many years against his will. Perhaps the one explanation that makes sense is that Armstrong's model is real but he was hypnotized and mind programmed while in SuperMax prison and now is incapable of thinking for himself on this issue of TPTB. Or that the circumstantial evidence about TPTB is not sufficient for Armstrong to falsify their existence and his overriding desire for a political solution allows him to justify ignoring some data  Huh

Interesting reading the following post from Ethereum's Vitalik. My design also attacks the same problem, but in a much more elegant and non-heuristic manner that is guaranteed to always avoid censorship.

https://blog.ethereum.org/2015/06/06/the-problem-of-censorship/

Also why are iCe and Cypher so adamant and unwilling to respond to my points completely and instead resort to ad hominen actions such as a political move of putting someone on ignore or posting cartoons about trolling? Is it because they are paid operatives of disinformation? Has Cypher been compromised to work for some group because of the case threat against him? I don't know the answers to these questions. My overriding conclusion is that politics and technical disruption are mutually exclusive. If we see the preponderance of former, then we know we don't have the latter.

On the issue of Cypher's case, the business agreement he entered into as described by the plaintiff's filing, appears to me to be an intentional scam based on the 10% of every unit sold by HashFast. The percentage is too high to be profitable on hardware and/or HashFast existed for no other reason than his forum promotion. Clearly that does not represent a real sufficiently diversified business plan and model. Also Cypher has denied to publish a link to his rebuttal of the facts of the case even I asked him for it. He may think this is his personal affairs, but he made it public by profiting in an alleged scammy way on his reputation here. This is another reason I said I would never put my reputation on any altcoin. I don't want to be dragged into culpability for a public exposition. Also Cypher has stated that he wants to verify the identity of each person in this thread who is on the opposite side of his case. This appears to be a preparation for revenge. I had deduced his motive before he wrote that, and that is why I decided he is disingenuous and I have no incentive to Skype with him. Furthermore I am now contemplating that he is a compromised by TPTB and may be working as a disinformation agent. Occam's Razor would argue that the least assumptions are that he is just a greedy guy (who doesn't have "mea culpa" in his vocabulary) that isn't that astute on computer science and tries to misapply medical research practices to a different vocation that is outside his expertise. And thus the only way for him to profit greatly on this new technological wave was to resort to scammy political actions.

P.S. rpietila the Farrell video discusses the technology for anti-gravity at 32 minute mark. He also posits at the 57 minute mark that the amount of gold in world may be understated by an order-of-magnitude. I have not formed an assessment of this video yet.

Edit: the bearer bond issue towards the end of the Farrell video potentially has enormous implications on crypto-currency!

Which is a long way of saying... cypherdoc, you should start a "Gold collapsing. Bitcoin UP. [moderated]" thread. All of the intelligent people will migrate over, and then you can just kick out the trolls.

You do realize don't you that you just destroyed your rationality. But rationality wasn't your objective was it. Politics is all we have here.

RE: TPTB, I tend to ignore people who consistently reply multiple times in a row during a conversation.  Because there is a pathology there... they are writing more for themselves than for others.  The exception to this rule of course is the guy who is stimulating conversation in a thread by citing interesting new news, etc.  Cypherdoc in this thread and adam in the classic wall observer for example.

Because you are more interested in politics than technological disruption. Anyone who desires rationality will not ignore data. You do realize don't you that I have technological disruption and thus I don't need your politics. Check mate.

Friendly reminder, just in case you forgot.

In case you forgot that a notice of intention is not a usury insurance against discovery. Where are your priorities?

imagine getting all those ppl and their fiat involved in those operations to switch to Bitcoin or Bitcoin mining.

Mining ROI is the problem that has to be eliminated if you want technological disruption. Abstractly, for as long as resource extraction power vacuum is concentrated at the center of the network, then it can never escape velocity on politics. If you can't understand the prior sentence, then just need to wait for your imminent education.

Every reasonably advanced thread is indistinguishable from magic, and therefore attracts non-intelligence and trolls like a honeypot. Letting them destroy the vestiges of readable discussion that might once have existed, is your holy commission.  Huh

Bet you don't even have a thread as you seem not to care about your readers even that much  Embarrassed Tongue

How can a scientist know what is data before he employs unexpected data to refine his theory. He can't. You may argue that you are omniscient and can pinpoint in real time relevant data, and I can argue you delusional on this particular point (not overall). Afaics, your most egregious errors in judgment have come from creating moderated threads to discourage dissent and encourage an aura of superiority, e.g. reinforcing your calls for "Bitcoin to the moon" and HODLing at $1000, $700, $600, $300, $200, ...

Given the links I provided in the prior post (e.g. the Reese commission report) on the existence of a cabal and given Armstrong's unwillingness to post the revelation about Larry Summer's involvement with "21 Inc"

I missed something. What is the 'revelation'? As far as I know 21 Inc and Summers have both been entirely up front about it (using it to promote in fact).

Revelation for his readership (which is perhaps 100,000 or more) who are not aware of that specific publicly available data. It is an anomaly because Armstrong has made vilifying Summers one of his main and most intense themes.

21's mining use case shows that blocksize has no impact to miners at all.

 Huh Ultimately block size modulates transaction fees when debasement declines, with another halving due in 2016. You all seem to forget TPTB operate with long-range planning.

You may be only focused on the point that their miners will send hashes to a pool, thus don't have to process the transactions, but is not sufficient to make the conclusion of "no impact".

merely for the opportunity to troll me would be one reason.  but i suspect that doesn't explain it all.

He is likely just bored while waiting for true disruption to arrive.

You are more spot-on than you might realize.  A good part of what draws me to this thread is indeed watching your head swell.  I bet you are as surprised as I am ... the native abilities which your mind has to draw in the following.

I strongly encourage lurkers who are not yet 'found out' to add to this pressure because the resulting display is very amusing.

Politics is a least common denominator effect. Is that really surprising?

Intelligent people should feel trapped by the lack of technological disruption in Bitcoin. I presume they do (otherwise they are not that intelligent).

see, i told you, you can't stay away.

He (and most everyone here now) will be gone when technological disruption arrives. Enjoy it while it lasts. The pinprick approaches...

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June 09, 2015, 01:37:56 AM
 #26142



NOTICE: I am leaving this thread. Want to get some other things in my life done. Anyone can PM me if there is something important I need to read. Otherwise assume if I didn't reply, it is because I didn't read this thread again.




Friendly reminder, just in case you forgot.

http://elbitcoin.org - Bitcoin en español
http://mercadobitcoin.com - MercadoBitcoin
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June 09, 2015, 02:02:15 AM
 #26143

i find 21's two yr experience in mining very encouraging/exciting in anticipation of their ability to roll out relevant IOT asic chips, esp for smartphones.  that should drive things like batshit:

http://i.imgur.com/keXaz8c.png

21's mining use case shows that blocksize has no impact to miners at all.

It shows that it has no impact on contractors who provide hashing to pools (the latter being the actual miners -- in most cases, there being exceptions such as the rare solo miner or p2pool participants).
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June 09, 2015, 02:06:00 AM
 #26144

Given the links I provided in the prior post (e.g. the Reese commission report) on the existence of a cabal and given Armstrong's unwillingness to post the revelation about Larry Summer's involvement with "21 Inc"

I missed something. What is the 'revelation'? As far as I know 21 Inc and Summers have both been entirely up front about it (using it to promote in fact).
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June 09, 2015, 02:29:46 AM
 #26145



NOTICE: I am leaving this thread. Want to get some other things in my life done. Anyone can PM me if there is something important I need to read. Otherwise assume if I didn't reply, it is because I didn't read this thread again.




Friendly reminder, just in case you forgot.

how many times has he promised this?  he'll be back.
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June 09, 2015, 02:35:00 AM
 #26146

another way to look at this is that are we (meaning ALL of us in the community) really prepared to be the real resistance fighters in this war on USD hegemony?  i'll admit right here that i am not.  i live here in the US, have a family to take care of, and i provide a valuable service to my community.  i am not prepared to sacrifice this.

This deserves a reply from me.

Finally some overt honesty from the man. This explains everything. He has compromised for pragmatic reasons. Thus I can understand very well. This is what I said upthread. Doctors are invested in the system. They can't disrupt it.

except i'm not making any transition to Monero.  oh well...

Your fate is clearly tied to the politicized NWO outcome.

that doesn't mean it won't happen though but is the reason for the extreme resistance to it's adoption from the economic majority who are currently invested in Bitcoin.

Astute. It is quite true that old money will resist change because it has a vested interest to do so, and even will resort to political leverage to make it so. And only technological disruption will force change.

In addition to potential technological disruption, there is also an internal war within Bitcoin now. If the antagonists don't compromise, Monero may be the beneficiary. Thus I assume they will compromise, except MP won't. MP must be short Bitcoin and long Monero. There is no other logical explanation, unless he is irrationally ideological (or a disinformation agent).

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June 09, 2015, 02:36:59 AM
 #26147

i find 21's two yr experience in mining very encouraging/exciting in anticipation of their ability to roll out relevant IOT asic chips, esp for smartphones.  that should drive things like batshit:

http://i.imgur.com/keXaz8c.png

21's mining use case shows that blocksize has no impact to miners at all.

The devices targeted for 21's mining rigs could not even handle 1MB blocks (let alone 20MB or 1GB), yet they can still mine. The reason is simple, miners using the stratum protocol only require <1kbps. It is the remote pool that needs to be manage full blocks. This remote pool can be anywhere, the miners themselves do not care about blocksize.

If 20MB blocks would hurt current miners, then 21's target devices wouldn't exist because they could not even handle 1MB blocks. But since miners only need to support stratum, blocksize has no impact.



 [Tongue] i think you are wrong, we need to centralize development for the reasons provided by a few Core Developers so they can maintained a decentralized network, you are siding with the ignorant masses if you can't understand why we cant increase the block size now [/ Tongue]

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
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June 09, 2015, 02:58:47 AM
 #26148

Dawn raid RPG incoming.

Sidechains ... coming up next!! exciting times!

http://www.coindesk.com/blockstream-open-source-code-sidechains/

Open source, "nothing up my sleeve", genuine article, don't settle for fake 'solutions' (xt) with hidden agendas.

We won't need tptb to continue the trainwreck from here, the SC buzz will send frappe.doc over the edge.
 
Looking forward to a 'Monero'-like ring signature sidechain and Lightning network sidechain as first working demonstrations for the force of the distributed sidechain solution of self-similar networks operating concomitantly at multiple scales transferring value effortlessly up and down the wealth cascade.

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June 09, 2015, 03:10:31 AM
 #26149

Dawn raid RPG incoming.

Sidechains ... coming up next!! exciting times!

http://www.coindesk.com/blockstream-open-source-code-sidechains/

Open source, "nothing up my sleeve", genuine article, don't settle for fake 'solutions' (xt) with hidden agendas.

We won't need tptb to continue the trainwreck from here, the SC buzz will send frappe.doc over the edge.
 
Looking forward to a 'Monero'-like ring signature sidechain and Lightning network sidechain as first working demonstrations for the force of the distributed sidechain solution of self-similar networks operating concomitantly at multiple scales transferring value effortlessly up and down the wealth cascade.

well now we know why the Blockstream cabal has been stalling.  despite denying that scaling was to be a selling point.  sounds like they're selling it hard now:

"The project has been heralded as a potential solution to bitcoin's perceived scalability issues for its attempt to enable experimentation on bitcoin's code."
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June 09, 2015, 03:11:43 AM
 #26150

Looking forward to a 'Monero'-like ring signature sidechain and Lightning network sidechain as first working demonstrations for the force of the distributed sidechain solution of self-similar networks operating concomitantly at multiple scales transferring value effortlessly up and down the wealth cascade.

Shit this is too important to ignore. Actually I had been thinking this out over the past days.

Subsumption of all altcoin advantages into pegged Bitcoin side chains is a very powerful threat to avoiding NWO dominance.

At the end game, TPTB push all their zombies that use Coinbase, Circle, Paypal, Facebook, etc into a pegged side chain which is a centralized ledger with world bank control over the debasement rate. MP's defense plan is destroyed by the pegging.

Monero has no technological disruption scaling advantages over Bitcoin in terms of mining, thus subsumption into a pegged Bitcoin side chain is imminent. Whereas a coin with scalable mining AND protections against implemention of pegged side chains (if that is possible, on my todo list to research the Blockstream whitepaper federation proposal) would not be implemented as a pegged Bitcoin side chain without losing the protection. Thus such a coin would garnish support from all those who want to resist the NWO outcome. Or they buy the pegged side chain version, because unlike other pegged side chains which can't resist 50% attack, such a side chain could survive alongside the cabal NWO side chain. However they may not be inclined to invest in the pegged side chain version of such a coin design, because they lose the upside ROI of such a novel design. Thus I am fairly confident that I possess the killer design which resists this subsumption. Blockstream is attempting to destroy the economics of altcoin, but I have an ace up my sleeve.

That in a nutshell is how this battle is going to play out. You read it first here. Don't forget who told you first.

The wildcard is if GavinCoin proceeds and there is a war now against MP et al. That might open a (probably short-term) window for Monero.

in the end, Bitcoin with larger blocks is what will win.  sidechains will die and take Blockstream with it.

Sorry but the zombie masses who will use Circle, Coinbase, Paypal, Facebook, 21 Inc devices, etc.. won't care when their coins are processed in a centralized pegged side chain (with large blocks).

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June 09, 2015, 03:12:44 AM
 #26151

Dawn raid RPG incoming.

Sidechains ... coming up next!! exciting times!

http://www.coindesk.com/blockstream-open-source-code-sidechains/

Open source, "nothing up my sleeve", genuine article, don't settle for fake 'solutions' (xt) with hidden agendas.

We won't need tptb to continue the trainwreck from here, the SC buzz will send frappe.doc over the edge.
 
Looking forward to a 'Monero'-like ring signature sidechain and Lightning network sidechain as first working demonstrations for the force of the distributed sidechain solution of self-similar networks operating concomitantly at multiple scales transferring value effortlessly up and down the wealth cascade.

well now we know why the Blockstream cabal has been stalling.  despite denying that scaling was to be a selling point.  sounds like they're selling it hard now:

"The project has been heralded as a potential solution to bitcoin's perceived scalability issues for its attempt to enable experimentation on bitcoin's code."

sounds like they're selling out to banks just as we warned:

"He cited banks in particular as one group of interested parties, which he noted are interested in the ability to issue and distribute assets on the blockchain, as well as provide infrastructure for what Back called “new kinds of markets”.
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June 09, 2015, 03:13:52 AM
 #26152

Dawn raid RPG incoming.

Sidechains ... coming up next!! exciting times!

http://www.coindesk.com/blockstream-open-source-code-sidechains/

Open source, "nothing up my sleeve", genuine article, don't settle for fake 'solutions' (xt) with hidden agendas.

We won't need tptb to continue the trainwreck from here, the SC buzz will send frappe.doc over the edge.
 
Looking forward to a 'Monero'-like ring signature sidechain and Lightning network sidechain as first working demonstrations for the force of the distributed sidechain solution of self-similar networks operating concomitantly at multiple scales transferring value effortlessly up and down the wealth cascade.

Good job Blockstream Boys!

The World According To Frap.Doc:

-Gold is DOOOMED, because Bitcoin
-Monero is DOOMED, because Bitcoin
-Bitcoin is DOOOMED, because sidechains
-Bitcoin is DOOOMED, because 1MB


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The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy.  David Chaum 1996
Fungibility provides privacy as a side effect.  Adam Back 2014
"Monero" : { Private - Auditable - 100% Fungible - Flexible Blocksize - Wild & Free® - Intro - Wallets - Podcats - Roadmap - Dice - Blackjack - Github - Android }


Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016
Blocks must necessarily be full for the Bitcoin network to be able to pay for its own security.  davout 2015
Blocksize is an intentionally limited resource, like the 21e6 BTC limit.  Changing it degrades the surrounding economics, creating negative incentives.  Jeff Garzik 2013


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I'm not against people making money, but can't support questionable origins."
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It is an Engineering Requirement that Bitcoin be “Above the Law”  Paul Sztorc 2015
Resiliency, not efficiency, is the paramount goal of decentralized, non-state sanctioned currency -Jon Matonis 2015

Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016

Technology tends to move in the direction of making surveillance easier, and the ability of computers to track us doubles every eighteen months. - Phil Zimmerman 2013

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June 09, 2015, 03:17:18 AM
 #26153

So they were lying?

I'm shocked.
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June 09, 2015, 03:19:55 AM
 #26154

Dawn raid RPG incoming.

Sidechains ... coming up next!! exciting times!

http://www.coindesk.com/blockstream-open-source-code-sidechains/

Open source, "nothing up my sleeve", genuine article, don't settle for fake 'solutions' (xt) with hidden agendas.

We won't need tptb to continue the trainwreck from here, the SC buzz will send frappe.doc over the edge.
 
Looking forward to a 'Monero'-like ring signature sidechain and Lightning network sidechain as first working demonstrations for the force of the distributed sidechain solution of self-similar networks operating concomitantly at multiple scales transferring value effortlessly up and down the wealth cascade.

Good job Blockstream Boys!

The World According To Frap.Doc:

-Gold is DOOOMED, because Bitcoin
-Monero is DOOMED, because Bitcoin
-Bitcoin is DOOOMED, because sidechains
-Bitcoin is DOOOMED, because 1MB


 Roll Eyes
 Grin

in the end, Bitcoin with larger blocks is what will win.  sidechains will die and take Blockstream with it.
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June 09, 2015, 03:22:13 AM
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Quote
"The project has been heralded as a potential solution to bitcoin's perceived scalability issues for its attempt to enable experimentation on bitcoin's code."

This was the reporter's quote. Your willingness to attribute words to mouths as and when it suits your agenda is particularly disturbing for a man sworn to the Hippocratic Oath.

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June 09, 2015, 03:28:27 AM
 #26156

Quote
in the end, Bitcoin with larger blocks is what will win.  sidechains will die and take Blockstream with it.
   

bitcoin will get larger blocks, just not now, "not tonight dear" ... sidechains are inevitable because they are a logical evolution of the technology (if you study self-similar network properties arising from the emergent behaviours due to self-interested individual elements you will know this), with or without blockstream (i'm picking with at this point in time).

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June 09, 2015, 03:28:35 AM
 #26157

Quote
"The project has been heralded as a potential solution to bitcoin's perceived scalability issues for its attempt to enable experimentation on bitcoin's code."

This was the reporter's quote. Your willingness to attribute words to mouths as and when it suits your agenda is particularly disturbing for a man sworn to the Hippocratic Oath.

stop with the toxic bullshit marcus.  this has nothing to do with the Hippocratic Oath as much as you'd like to twist it to be.

what's more serious is are you accusing the reporter of being inaccurate?  on what basis?
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June 09, 2015, 03:31:41 AM
 #26158


in the end, Bitcoin with larger blocks is what will win.  sidechains will die and take Blockstream with it.

Why are you so sure?
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June 09, 2015, 03:34:14 AM
 #26159

...
At the end game, TPTB push all their zombies that use Coinbase, Circle, Paypal, Facebook, etc into a pegged side chain which is a centralized ledger with world bank control over the debasement rate. MP's defense plan is destroyed by the pegging.
...

Bitcoin as a backing for sidechains is eminently compatible with Bitcoin as MP's personal wealth playground.

I dunno if MP is a fraction of the Mr. Big that he and his minions proclaim but I suspect there is at least something to the assertion.  Certainly they are active and certainly they are among the most technically competent and economically literate of the ecosystem participants.

Last time I was paying much attention (early 2015 iirc) MP's seemed fairly allergic to the idea of the masses benefiting by Bitcoin and to the extent that they might by using a Bitcoin-backed sidechain and he seemed to have some resistance for that reason.  I wrote it off to his psychological need to broadly advertise himself as the worlds biggest prick.  I suspect that this need will take a second seat to his recognition that sidechains working as advertised give him vastly more power than vanilla Bitcoin alone.  One way or another, Hearn's fork is a genuine threat to him (and humanity) and something worth fighting off with as much energy, cost, and collateral damage as necessary.


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June 09, 2015, 03:36:45 AM
 #26160

Moar SideChains buzz! ... sounds like some homomorphic encryption ideas (blinded transaction amounts with verifiable crypto proofs) have been implemented in Elements .. wowsers. This is innovation.

https://s3-us-west-1.amazonaws.com/blkstrm/video/elements-gmaxwell.mp4

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