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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1804760 times)
molecular
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August 11, 2012, 07:39:47 AM
 #2781

Cheesy I'm a pretty good troll myself. Gonna be hard to troll me. Been there done that all up and down this forum. Seen my ignore ticker to the left? <========================  Grin Grin Grin

getting ignored is not a sign of good trolling.


Says the person who gets trolled and then hits the ignore button because they have nothing else to say.  Cheesy

Nice try.

Obviously I also hit the un-ignore button... don't know wether I should regret it already Wink

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August 11, 2012, 07:41:29 AM
 #2782

+1 I read through the source. Not Microsoft level coding....but it is very innovative.

Now here's a good troll Wink

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August 11, 2012, 08:59:42 AM
 #2783

Neuropeans might appreciate the fact that gold is still very close to its all-time top (and now can only go up and upper while their funny money goes down the drain):



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August 11, 2012, 04:03:04 PM
 #2784

+1 I read through the source. Not Microsoft level coding....but it is very innovative.

Now here's a good troll Wink

Seems more or less equivalent to the last one by your metrics.


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August 11, 2012, 07:09:37 PM
 #2785

+1 I read through the source. Not Microsoft level coding....but it is very innovative.

Now here's a good troll Wink

Seems more or less equivalent to the last one by your metrics.


Hm? What metric?

The first one ("you just hit ignore because you don't have anything to say") didn't get me agitated at all. The one about microsoft writing the highest quality code however, reminded me of countless instances (a very long time back, gladly) where I could've destroyed my screen or keyboard over "microsoft code quality". Remembering these instances and triggering a general microsoft-distaste in me raised my blood pressure at least slightly and almost got me to feed the troll.

Using my blood pressure as a metric, the second one was much better.

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August 11, 2012, 11:06:11 PM
 #2786

+1 I read through the source. Not Microsoft level coding....but it is very innovative.

Now here's a good troll Wink

Seems more or less equivalent to the last one by your metrics.


Hm? What metric?


The metric of how many bites they get.  Each got exactly one response.  Yours Smiley


The first one ("you just hit ignore because you don't have anything to say") didn't get me agitated at all. The one about microsoft writing the highest quality code however, reminded me of countless instances (a very long time back, gladly) where I could've destroyed my screen or keyboard over "microsoft code quality". Remembering these instances and triggering a general microsoft-distaste in me raised my blood pressure at least slightly and almost got me to feed the troll.


MS is a big company with a lot of products and a lot of coders.  I'm sure that some coders and the code they write are top notch, and (clearly) some are not.  But it's mostly closed source so who knows?  I use MS products only minimally and find it hard to care very much these days...a function of getting older no doubt.


Using my blood pressure as a metric, the second one was much better.


Fair enough.


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August 12, 2012, 02:27:27 AM
 #2787

+1 I read through the source. Not Microsoft level coding....but it is very innovative.

Now here's a good troll Wink

Wow you are horrible at spotting troll posts. That was actually genuine. I meant what I wrote. LOL

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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
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August 12, 2012, 04:07:59 AM
 #2788

+1 I read through the source. Not Microsoft level coding....but it is very innovative.

Now here's a good troll Wink

Wow you are horrible at spotting troll posts. That was actually genuine. I meant what I wrote. LOL

You do know what this means, don't you?

Wow no one was talking to you....you're really lonely aren't you? Cheesy

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
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     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
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                   ²²²                 
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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
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August 12, 2012, 04:54:59 AM
 #2789

+1 I read through the source. Not Microsoft level coding....but it is very innovative.

Now here's a good troll Wink

Wow you are horrible at spotting troll posts. That was actually genuine. I meant what I wrote. LOL

You do know what this means, don't you?

Wow no one was talking to you....you're really lonely aren't you? Cheesy

Uh oh.... smoothie's switched to asshole mode again Roll Eyes.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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August 12, 2012, 05:03:18 AM
 #2790

+1 I read through the source. Not Microsoft level coding....but it is very innovative.

Now here's a good troll Wink

Wow you are horrible at spotting troll posts. That was actually genuine. I meant what I wrote. LOL

You do know what this means, don't you?

Wow no one was talking to you....you're really lonely aren't you? Cheesy

Uh oh.... smoothie's switched to asshole mode again Roll Eyes.

LOL i prefer to call it HONEST mode. But you can use that one to describe it.  Grin

███████████████████████████████████████

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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
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August 12, 2012, 05:12:35 AM
 #2791

+1 I read through the source. Not Microsoft level coding....but it is very innovative.

Now here's a good troll Wink

Wow you are horrible at spotting troll posts. That was actually genuine. I meant what I wrote. LOL

You do know what this means, don't you?

Wow no one was talking to you....you're really lonely aren't you? Cheesy

Uh oh.... smoothie's switched to asshole mode again Roll Eyes.

LOL i prefer to call it HONEST mode. But you can use that one to describe it.  Grin

Right... making assumptions based on one sentence from a person you've never met is bound to always be the truth.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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August 12, 2012, 05:23:32 AM
 #2792

+1 I read through the source. Not Microsoft level coding....but it is very innovative.

Now here's a good troll Wink

Wow you are horrible at spotting troll posts. That was actually genuine. I meant what I wrote. LOL

You do know what this means, don't you?

Wow no one was talking to you....you're really lonely aren't you? Cheesy

Uh oh.... smoothie's switched to asshole mode again Roll Eyes.

LOL i prefer to call it HONEST mode. But you can use that one to describe it.  Grin

Right... making assumptions based on one sentence from a person you've never met is bound to always be the truth.

Oh yes...oh yes... Cheesy

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
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     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
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August 13, 2012, 01:56:54 AM
 #2793

Wow I haven't looked at AAPL in a bit..  It seems to have resumed its ramp..  or maybe its just at a high spot in its sideways march Wink
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August 13, 2012, 05:35:59 PM
 #2794

why won't gold and especially silver go up?  sure glad i sold and bought Bitcoin. Wink
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August 13, 2012, 08:18:06 PM
 #2795

why won't gold and especially silver go up?  sure glad i sold and bought Bitcoin. Wink

Three steps forward, two steps back. The weight of the old order is sitting on gold and silver (most real assets also). Bitcoin doesn't have such opposition to contend with yet. Buy a gold Casascius coin for extreme win Smiley
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August 13, 2012, 10:04:09 PM
 #2796

Gold:  -5%

Bitcoin:  +122%

Difference:  +127% advantage Bitcoin  Cheesy
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August 14, 2012, 03:13:34 AM
 #2797

Gold down, Bitcoin UP.
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August 14, 2012, 03:31:12 AM
 #2798

why won't gold and especially silver go up?  sure glad i sold and bought Bitcoin. Wink

Three steps forward, two steps back. The weight of the old order is sitting on gold and silver (most real assets also). Bitcoin doesn't have such opposition to contend with yet. Buy a gold Casascius coin for extreme win Smiley

In spite of being pretty cool, I cannot see a big win for Casascius coins.  To me they seem to just tie the advantages of one form of wealth to the dis-advantages of the other.  I don't expect that one will be able to argue that they should have the right use one because it has some value as the other (in the face of authoritarian restrictions on one or the other.)  One may be able to argue it, but it is unlikely to fly very far and they would simply encumber one another...though I guess the respective values are relatively easily separated.

Might be cool to have one as a memento or some such, but the bulk of my speculation/investment will be (and is) in the most 'native' form of each of metals and Bitcoin respectively.  To my way of thinking, this carries the least risk and the least premium.


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August 14, 2012, 05:07:54 AM
 #2799

why won't gold and especially silver go up?  sure glad i sold and bought Bitcoin. Wink

Three steps forward, two steps back. The weight of the old order is sitting on gold and silver (most real assets also). Bitcoin doesn't have such opposition to contend with yet. Buy a gold Casascius coin for extreme win Smiley

In spite of being pretty cool, I cannot see a big win for Casascius coins.  To me they seem to just tie the advantages of one form of wealth to the dis-advantages of the other.  I don't expect that one will be able to argue that they should have the right use one because it has some value as the other (in the face of authoritarian restrictions on one or the other.)  One may be able to argue it, but it is unlikely to fly very far and they would simply encumber one another...though I guess the respective values are relatively easily separated.

Might be cool to have one as a memento or some such, but the bulk of my speculation/investment will be (and is) in the most 'native' form of each of metals and Bitcoin respectively.  To my way of thinking, this carries the least risk and the least premium.



I paid the equivalent of $12 worth of bitcoins back when the exchange rate was $9 for several 1btc coins.  I traded them with friends with the promise I would redeem them for $12 at any time until bitcoin hit $12, at which point they would float.  They are floating.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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August 14, 2012, 05:38:50 AM
 #2800


i've heard the code is extraordinarily complex from some of the devs.  etotheipi's diagrammatic deconstruct was incredibly intricate not to mention indecipherable. 

offhand, who do you think wrote it?  an individual or organization?  doesn't seem like an individual could have all those talents in math, economics, and coding combined to write such a masterpiece.

I suspect that the scripting engine is one of the more complex bits by it's nature, but such an idea is nothing new in computer science.  From what I understand the whole system is neither terribly complex by many measures nor especially well written originally, and the author(s) leveraged much of the more challenging cryptographic implementations from the open source community (as they should.)  Furthermore, much of the basic ideas of Bitcoin originated a decade and a half or more out of (or describe within) the cypherpunks community which someone pointed out on some thread here some months ago.

Of course I don't know who wrote it.  My guesstimate is that it was one person who was multi-talented and quite bright, but I see nothing so special that it would take a team of people or anything like that.  I don't mean to belittle his (or her or their) work in my above statements since at the end of the day he/she/they actually _did_ it and got it out there and here we are today.



+1. As a developer myself, I think this analysis is spot-on. Definitely an impressive project, but certainly within the realm of a single motivated individual.


Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
But Bitcointalk & /r/bitcoin are heavily censored. bitco.in/forum, forum.bitcoin.com, and /r/btc are open.
Best info on Casascius coins: http://spotcoins.com/casascius
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