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Author Topic: Gold collapsing. Bitcoin UP.  (Read 2032138 times)
cypherdoc (OP)
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June 26, 2013, 08:27:28 AM
 #5321

Gold collapsing. Bitcoin stable.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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cypherdoc (OP)
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June 26, 2013, 09:54:58 AM
 #5322

So what do all you boys think about the impact of 3D printing on small business going forward?
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June 26, 2013, 10:47:14 AM
 #5323

It ain't it until people/govs start dumping US treasuries.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
Zangelbert Bingledack
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June 26, 2013, 11:46:52 AM
 #5324

So what do all you boys think about the impact of 3D printing on small business going forward?

All these technologies (Internet, Bitcoin, Google Glass, 3D printing) tend to have a strong decentralizing effect overall, so from that general rule of thumb we should prime facie expect to see small business benefiting versus big business. I see no reason why that wouldn't happen and can think of plenty of use cases where small businesses would get a leg up through 3D printing, so all in all it looks very positive for small business.
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June 26, 2013, 12:05:46 PM
 #5325

perhaps the thread should be renamed:
Gold collapsing, Bitcoin DOWN, Litecoin UP


yes, we know. you bought LTC ;|

hope you got good exit strategy

Actually don't own many litecoins.
I just see that the technical litecoin chart picture looks good and want to let people know.

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June 26, 2013, 12:08:05 PM
 #5326

I still find it funny that people call LTC a scamcoin. What exactly is the "scam"?

Since litecoin is so similar to Bitcoin, by that logic then Bitcoin is a bigger scam right?

No?

lol so much failed logic on this forum.

Perhaps the "scam" is that if you bought it at $0.05 in January and it is now (5 months later) at $2.70. Making profit/money is a "scam". he he he he. If that is true. Please I want to be scammed some more!  Grin Grin Grin

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damnek
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June 26, 2013, 12:09:57 PM
 #5327

perhaps the thread should be renamed:
Gold collapsing, Bitcoin DOWN, Litecoin UP


yes, we know. you bought LTC ;|

hope you got good exit strategy

Actually don't own many litecoins.
I just see that the technical litecoin chart picture looks good and want to let people know.

This continuous spamming about LTC by you is both annoying and disappointing.
smoothie
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June 26, 2013, 12:23:20 PM
 #5328

perhaps the thread should be renamed:
Gold collapsing, Bitcoin DOWN, Litecoin UP


yes, we know. you bought LTC ;|

hope you got good exit strategy

Actually don't own many litecoins.
I just see that the technical litecoin chart picture looks good and want to let people know.

This continuous spamming about LTC by you is both annoying and disappointing.

My guess is the S3052 is only reporting on Litecoin prices because the surveys from his user-base indicated that they want to hear more about it.

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

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myself
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June 26, 2013, 12:59:42 PM
 #5329

dont talk about LTC it take away suckers from BTC


Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
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June 26, 2013, 02:24:45 PM
 #5330

So what do all you boys think about the impact of 3D printing on small business going forward?

All these technologies (Internet, Bitcoin, Google Glass, 3D printing) tend to have a strong decentralizing effect overall, so from that general rule of thumb we should prime facie expect to see small business benefiting versus big business. I see no reason why that wouldn't happen and can think of plenty of use cases where small businesses would get a leg up through 3D printing, so all in all it looks very positive for small business.

I'm just trying to think of a better way for the users of this technology to be responsible for the social costs of increased plastics manufacturing for the relatively lower (and increasingly lower, I imagine) private costs. Will waiting to the point where the two lines start to converge, where it's cheaper to recycle plastics than it is to use raw materials, be too late for our environment?

edit; I suppose I have to consider the factor of people printing out replacement parts that otherwise could not be replaced because of the costs of maintaining inventory/supply lines and having to replace entire products as a result.
molecular
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June 26, 2013, 02:59:29 PM
 #5331

So what do all you boys think about the impact of 3D printing on small business going forward?

Good for small business. Bad for the big boys.

Decentralization of production. Also individualization of products. It could be a huge change.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
molecular
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June 26, 2013, 03:01:29 PM
 #5332

perhaps the thread should be renamed:
Gold collapsing, Bitcoin DOWN, Litecoin UP


yes, we know. you bought LTC ;|

hope you got good exit strategy

Actually don't own many litecoins.
I just see that the technical litecoin chart picture looks good and want to let people know.

Good. I'm always suspecting newsletter writers to frontrun their readership. I apologize if it doesn't apply.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
molecular
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June 26, 2013, 03:04:42 PM
 #5333

edit; I suppose I have to consider the factor of people printing out replacement parts that otherwise could not be replaced because of the costs of maintaining inventory/supply lines and having to replace entire products as a result.

a culture of repairing things and hacking... ain't that wonderful?

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
vokain
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June 26, 2013, 03:30:45 PM
 #5334

edit; I suppose I have to consider the factor of people printing out replacement parts that otherwise could not be replaced because of the costs of maintaining inventory/supply lines and having to replace entire products as a result.

a culture of repairing things and hacking... ain't that wonderful?

brave new world Smiley
smoothie
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June 26, 2013, 03:57:37 PM
 #5335

Fiat down (over the long term), Crypto UP!

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June 26, 2013, 04:08:52 PM
 #5336

So what do all you boys think about the impact of 3D printing on small business going forward?

Good for small business. Bad for the big boys.

Decentralization of production. Also individualization of products. It could be a huge change.

@molecular it is not that simple the 3D printer and manufacturing industry is highly consolidated

@ ALL
I have been running a 3D printing business for 10 years www.key3d.com.
Let's keep to Gold and Bitcoin. Reading this BS is like reading noob posts on how Bitcoin will impact the economy.

If you are interested in the impact of industrialization 3D printing and how it fits into the economy going forward let's grab a coffee.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
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June 26, 2013, 04:38:44 PM
 #5337

So what do all you boys think about the impact of 3D printing on small business going forward?

Good for small business. Bad for the big boys.

Decentralization of production. Also individualization of products. It could be a huge change.

@molecular it is not that simple the 3D printer and manufacturing industry is highly consolidated

@ ALL
I have been running a 3D printing business for 10 years www.key3d.com.
Let's keep to Gold and Bitcoin. Reading this BS is like reading noob posts on how Bitcoin will impact the economy.

If you are interested in the impact of industrialization 3D printing and how it fits into the economy going forward let's grab a coffee.


capital has to centralize before production can decentralize it again
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June 26, 2013, 04:41:01 PM
 #5338

I still find it funny that people call LTC a scamcoin. What exactly is the "scam"?

Since litecoin is so similar to Bitcoin, by that logic then Bitcoin is a bigger scam right?

It remains a fairly strong hypothesis in my mind that Satoshi (singular or plural) had personal enrichment as a primary goal in developing the solution.  This could explain some of the very misleading 'marketing' that characterizes Bitcoin's early existence vis-a-vis 'scaling', 'peer2peer', 'transaction costs', 'anonymity', etc.  And we are still in the early days.

Whether the truth of the hypothesis would, in and of itself, make Bitcoin a 'scam' is open to debate, but it does seems very likely that Bitcoin achieved such a result.

No?

lol so much failed logic on this forum.

Perhaps the "scam" is that if you bought it at $0.05 in January and it is now (5 months later) at $2.70. Making profit/money is a "scam". he he he he. If that is true. Please I want to be scammed some more!  Grin Grin Grin

Indeed.  "Please don't throw me in dat der brier patch Brer' Bear!"


sig spam anywhere and self-moderated threads on the pol&soc board are for losers.
BitcoinAshley
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June 26, 2013, 04:56:00 PM
 #5339

Silver $18 and change, gold $1233.

Bitcoin $104.

Central banks (incl Russia and Turkey) still buying massive amounts of physical gold.

LOL.
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June 26, 2013, 05:16:29 PM
 #5340

I still find it funny that people call LTC a scamcoin. What exactly is the "scam"?
...


Of course it's not a "scam", but its benefits are often overstated. I'm all for alt-coin experimentation; just wish there were actually more real experimentation (NMC and maybe PPC are the only ones with real differences). Litecoin's quicker confirms are a moot point, for one thing...there are almost zero applications where an avg confirm of 2.5mins is acceptable where 10mins is not. I still can't buy a cup a coffee. And it doesn't matter that scrypt is asic-resistant. That's not synonymous with "asic-proof"; if ltc ever got valuable enough, asics for it would arise. It's not going to achieve better decentralization because of scrypt.

To me, litecoin is not innovative, and I therefore find it annoying that it's achieved the success it has. I do see some value in that it's a "backup" network to an extent (but, if bitcoin were successfully attacked, most likely the same attackers could hit litecoin too), and there's value in being able to move coins in and out of both chains with some liquidity. But those are 2nd order concerns. Again, I'd like to see more real alt experimentation.


tl;dr - it's not a scam, but it's also not innovative and doesn't offer anything that bitcoin doesn't.

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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