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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

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Author Topic: Gold collapsing. Bitcoin UP.  (Read 2032123 times)
waspoza
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January 30, 2013, 10:17:11 PM
 #4101


I don't think so, he got it today and din't even plug it in.
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cypherdoc (OP)
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January 31, 2013, 05:32:57 AM
 #4102

the silverbox update (comparison from the beginning of this thread):

Bitcoin:  +269%

Gold:  -1%

GPL:  -25% silverbox long

Diff:  +270% advantage Bitcoin and growing.
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January 31, 2013, 09:56:57 AM
 #4103

We just made history.
oakpacific
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January 31, 2013, 10:16:33 AM
 #4104

We just made history.

Unfortunately your guess on Feb 1st price would probably be wrong then. Wink

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
cypherdoc (OP)
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January 31, 2013, 04:25:50 PM
 #4105

We just made history.

Unfortunately your guess on Feb 1st price would probably be wrong then. Wink

which guess was this?
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January 31, 2013, 04:43:13 PM
 #4106

Bitcoin is not an experiment.   It is a living organism - much like a virus.   It mutates.

The blockchain is like its DNA, with us, the market participants, as its ribosomes that read the DNA and eventually craft the proteins so necessary for its function. Organic proliferation is a beautiful thing; a simple time function Smiley
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January 31, 2013, 04:47:21 PM
 #4107

Dare I say it? 

Gold collapsing.  Bitcoin UP.
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January 31, 2013, 04:49:18 PM
 #4108

Bitcoin is not an experiment.   It is a living organism - much like a virus.   It mutates.

The blockchain is like its DNA, with us, the market participants, as its ribosomes that read the DNA and eventually craft the proteins so necessary for its function. Organic proliferation is a beautiful thing; a simple time function Smiley

THIS is brilliant!  Cheesy
cypherdoc (OP)
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January 31, 2013, 04:53:23 PM
 #4109

the silverbox update (comparison from the beginning of this thread):

Bitcoin:  +296%

Gold:  -2%

GPL:  -25% silverbox long

Diff:  +298% advantage Bitcoin and growing.
cypherdoc (OP)
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January 31, 2013, 04:59:50 PM
 #4110

Bitcoin is not an experiment.   It is a living organism - much like a virus.   It mutates.

The blockchain is like its DNA, with us, the market participants, as its ribosomes that read the DNA and eventually craft the proteins so necessary for its function. Organic proliferation is a beautiful thing; a simple time function Smiley

this fits exactly with what i was thinking.  

an experiment is started with a fixed hypothesis which doesn't change throughout the duration of the experiment.  a defined sequence of analytical steps are carried out to prove or disprove the original hypothesis.  nothing changes.

Bitcoin, however, b/c of the open source nature will grow and adapt to anything threatening its survival.  and we, as the open source community, will be the one's to facilitate any mutations required to evolve a stronger organism.  much like a virus.  

i never thought of the blockchain as being like DNA along with us as the ribosomes.  that's beautiful.
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January 31, 2013, 05:13:04 PM
 #4111

here's a great pair trade for you:  buy Bitcoin:short silver.  Wink
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January 31, 2013, 05:19:59 PM
 #4112

here's a great pair trade for you:  buy Bitcoin:short silver.  Wink

parity is inevitable.  don't fight it.
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January 31, 2013, 09:02:32 PM
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vokain
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January 31, 2013, 09:09:52 PM
 #4114

Ooh, I like this one. Again, thank you cypher for making me realize the importance and prevalence of cyclic behaviors.

oakpacific
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February 01, 2013, 12:58:13 AM
 #4115

We just made history.

Unfortunately your guess on Feb 1st price would probably be wrong then. Wink

which guess was this?

https://bitcointalk.org/index.php?topic=138028.msg1472080#msg1472080 This one here.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
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February 01, 2013, 04:28:08 AM
 #4116


lol!  oh, THAT guess.  at least i guessed UP, not down, from where it was at the time.  Cheesy
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February 01, 2013, 04:33:28 AM
 #4117


lol!  oh, THAT guess.  at least i guessed UP, not down, from where it was at the time.  Cheesy

Yeah, and actually you were closer than many. But you made me thinking for a while what are the reasons we would not be above $20 by then! Grin

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
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February 01, 2013, 07:42:42 AM
 #4118

It is a living organism - much like a virus.

More than that, it creates a foundation (along with other distributed networks) for something much greater than a new financial system Smiley

I think that almost nobody will realize when it happens, at least not right away. The shift will probably be too subtle, seeming like an incremental advance rather than a monumental change.


Yes, indeed. This potential is often missed. Bitcoin is not only the first monetary system ever proposed that credibly offers perfect information to all participants, it is the first system humanity has implemented which can serve as an authoritative record that's not under any single entity's control. I believe there are some proposals for "smart property" and "distributed markets" based on bitcoin kicking around. I think as you're alluding to miscreanity, numerous core functions of society could start getting offloaded to blockchain-style p2p systems, one by one, until it's central to civilization. The tide would indeed be slow and subtle, but quite powerful.

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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February 04, 2013, 11:43:26 PM
 #4119

The Attack of the Ribosomes  Cheesy

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February 05, 2013, 12:05:49 AM
 #4120

What a great way to take down a wall @ $21.  let it sell into you, then ramp:

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