Bitcoin Forum
December 05, 2016, 04:43:05 AM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Poll
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

Pages: « 1 ... 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 [366] 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 ... 1560 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 1804436 times)
NewLiberty
Legendary
*
Offline Offline

Activity: 1064


Gresham's Lawyer


View Profile WWW
January 03, 2014, 08:20:28 PM
 #7301

It hasn't made it to their language-neutral API toolset yet.
http://www.kitconet.com/exchangerates.html

For them this is beta testing.  They are looking for comments, maybe assistance. 
http://www.kitco.com/finance/bitcoin/

It looks like they added Kraken exchange today.

FREE MONEY1 Bitcoin for Silver and Gold NewLibertyDollar.com and now BITCOIN SPECIE (silver 1 ozt) shows value by QR
Bulk premiums as low as .0012 BTC "BETTER, MORE COLLECTIBLE, AND CHEAPER THAN SILVER EAGLES" 1Free of Government
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480912985
Hero Member
*
Offline Offline

Posts: 1480912985

View Profile Personal Message (Offline)

Ignore
1480912985
Reply with quote  #2

1480912985
Report to moderator
1480912985
Hero Member
*
Offline Offline

Posts: 1480912985

View Profile Personal Message (Offline)

Ignore
1480912985
Reply with quote  #2

1480912985
Report to moderator
molecular
Donator
Legendary
*
Offline Offline

Activity: 2128



View Profile
January 03, 2014, 09:11:22 PM
 #7302

It hasn't made it to their language-neutral API toolset yet.
http://www.kitconet.com/exchangerates.html

For them this is beta testing.  They are looking for comments, maybe assistance.  
http://www.kitco.com/finance/bitcoin/

It looks like they added Kraken exchange today.

They're using volume-weighted average over a couple of exchanges (the big USD-based ones it seems).

It's the right way to go, but maybe including "foreign" currency based exchanges like the ones in China, Europe, etc. would make sense. But maybe not. It is what it is, I guess. I like that they are very transparent about it.


EDIT: just saw the other currencies / exchanges.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
marcus_of_augustus
Legendary
*
Offline Offline

Activity: 2086



View Profile
January 03, 2014, 09:51:32 PM
 #7303

ah, the original kitco vortex, i remember it well ... did anybody figure out who "another" was?

.... was wild for it's day, now a lot of that knowledge is common place Wink

dani
Hero Member
*****
Offline Offline

Activity: 525


..yeah


View Profile
January 03, 2014, 10:47:51 PM
 #7304

jizzed in my pants.

thanks everybody  Cheesy

Hai
bracek
Hero Member
*****
Offline Offline

Activity: 530


View Profile
January 04, 2014, 01:26:01 PM
 #7305

James Turk got some Wink

www.youtube.com/watch?v=LStqjpnM-5c&t=19m39s

and clearly differentiates between tangible and corporeal
Grafzep
Member
**
Offline Offline

Activity: 92


View Profile
January 04, 2014, 03:39:31 PM
 #7306

ah, the original kitco vortex, i remember it well ... did anybody figure out who "another" was?

.... was wild for it's day, now a lot of that knowledge is common place Wink

Indeed, his eye-opening suggestions for the whole gold / oil / dollar / world events was pretty wild, and fodder for a whole set of previously isolated non-conformists. It's easy to forget how much voice and community the internet has shared out.

After kitco came up in this thread recently, I had a quick look and found this partial archive:

http://bgmi.us/web/kitco/Kitco1990s.php

I had a short wander through it, but it was like picking over a misty battlefield during the following dawn. Too many cackling ghosts. I stopped when I was surprised by one of my own (insignificant and peripheral) posts.


James Turk got some Wink

www.youtube.com/watch?v=LStqjpnM-5c&t=19m39s

and clearly differentiates between tangible and corporeal

Funnily enough, James Turk has been suggested as ANOTHER (always capitalised by convention Wink) though I'd always assumed him to be older and middle-eastern. Some sunglass-wearing OPEC advisor perhaps, disillusioned by the 70s, coughing up a final confession.


.... was wild for it's day, now a lot of that knowledge is common place Wink

Yes that forum opened my eyes a fair bit and doubt i would be involved in btc today if not for it.

I was just going to add +me, but then it struck me that possibly none of us would be here, for surely btc itself is rooted in the collision between gold and the internet? Would it have existed without the coming together (at kitco, but also the e-gold and beenz experiments) of old, experienced men of the world like ANOTHER prepared to share their worldview and bright young anarcho tech heads prepared to do something about it?

You could think, in fact, that Satoshi was influenced by ANOTHER: careful anonymity (even with probably cultural misdirection), planting influential ideas, then disappearing. Perhaps both graduates of the same spook school?

molecular
Donator
Legendary
*
Offline Offline

Activity: 2128



View Profile
January 04, 2014, 03:48:42 PM
 #7307

James Turk got some Wink

www.youtube.com/watch?v=LStqjpnM-5c&t=19m39s

and clearly differentiates between tangible and corporeal

WOW!

fuck me! This took some time, but if Turk is coming around and admitting to owning bitcoin, I cannot help but get this exciting feeling that Bitcoin is going to overdeliver on most of the wildest expectation in terms of adoption and price - yet again - this year.

Let's hope we can extend a bit on some of the core features, like possible anonymity, and make these easier to use (or "default"), too, and also find good solutions for technical issues like scalability.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
bit.craft
Newbie
*
Offline Offline

Activity: 13


View Profile
January 04, 2014, 04:10:40 PM
 #7308

Above $900 on MtGox.

Time for the long-term bulls parade, again.
molecular
Donator
Legendary
*
Offline Offline

Activity: 2128



View Profile
January 04, 2014, 05:18:21 PM
 #7309

Trace is high on bitcoin Wink

https://www.youtube.com/watch?v=0dNawEe8M1Y

good interview with visionvictory

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
tvbcof
Legendary
*
Offline Offline

Activity: 1974


View Profile
January 04, 2014, 06:18:50 PM
 #7310


Funnily enough, James Turk has been suggested as ANOTHER (always capitalised by convention Wink) though I'd always assumed him to be older and middle-eastern. Some sunglass-wearing OPEC advisor perhaps, disillusioned by the 70s, coughing up a final confession.


I imagined ANOTHER as some similarly aged/experienced and disillusioned old money scion.  I actually prefer your vision as I think about it and remember back to the time when I did a lightning parse through his and FOA's work.  Or a complete fraud.

I never would have expected Turk.  I've always considered him something of a clod intellectually.  Or more accurately, with respect to his ability to think in an orthogonal manner and separate himself from his own interests.


wachtwoord
Legendary
*
Offline Offline

Activity: 1484



View Profile WWW
January 04, 2014, 06:30:26 PM
 #7311

Above $900 on MtGox.

Time for the long-term bulls parade, again.

Rage against the machine - bulls on parade lyrics

Adrian-x
Legendary
*
Offline Offline

Activity: 1330



View Profile
January 04, 2014, 06:49:44 PM
 #7312

Trace is high on bitcoin Wink

https://www.youtube.com/watch?v=0dNawEe8M1Y

good interview with visionvictory


Wow that was all bull I think cypherdoc got a mention.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
Grafzep
Member
**
Offline Offline

Activity: 92


View Profile
January 04, 2014, 07:25:35 PM
 #7313


Funnily enough, James Turk has been suggested as ANOTHER (always capitalised by convention Wink) though I'd always assumed him to be older and middle-eastern. Some sunglass-wearing OPEC advisor perhaps, disillusioned by the 70s, coughing up a final confession.


I imagined ANOTHER as some similarly aged/experienced and disillusioned old money scion.  I actually prefer your vision as I think about it and remember back to the time when I did a lightning parse through his and FOA's work.  Or a complete fraud.

I never would have expected Turk.  I've always considered him something of a clod intellectually.  Or more accurately, with respect to his ability to think in an orthogonal manner and separate himself from his own interests.



You're right, of course, ANOTHER (and FOA) was far more elegant and many-dimensioned. I think Turk was only considered because he spent the 80s in the Gulf.
marcus_of_augustus
Legendary
*
Offline Offline

Activity: 2086



View Profile
January 04, 2014, 09:01:40 PM
 #7314

Trace is high on bitcoin Wink

https://www.youtube.com/watch?v=0dNawEe8M1Y

good interview with visionvictory



So if Roger Ver is "Bitcoin Jesus" ....  Trace Meyer is "Bitcoin Buffet" now?

marcus_of_augustus
Legendary
*
Offline Offline

Activity: 2086



View Profile
January 04, 2014, 10:06:00 PM
 #7315

Good one here for idealists, tech/future/trend watchers ...

http://letstalkbitcoin.com/e72-powerful-perspectives/

marcus_of_augustus
Legendary
*
Offline Offline

Activity: 2086



View Profile
January 05, 2014, 04:57:53 AM
 #7316

Quote
Ever since President Nixon broke the US dollar's last link to gold, the world has been set adrift on a sea of fiat currencies that have been increasingly debased, serving the interests of governments and financial elites. For the last five years, central banks have imposed near-zero rates of interest that have helped push up stock, bond, and real estate prices, but have made it nearly impossible for savers to receive meaningful returns on bank deposits.

To make matters worse, the apparatus of national security has turned financial transactions into a massive exercise in government surveillance. Under the camouflage of 'protective' measures, such as the USA PATRIOT Act, governments have invaded the privacy of citizens and compromised banking secrecy in an unprecedented and often unconstitutional manner. Despite huge potential transaction-cost reductions achievable through advances in digital technology, banks continue to charge exorbitant transaction fees while maintaining transfer delays that reflect a pre-digital age. In addition, bank regulators, led by the IMF, have shown a willingness, in the case of Cyprus, to make depositors liable for poor banking decisions. Many private citizens may naturally see the status quo as a deliberate policy to crush middle-class savers and pave the way for centralized socialism. Some have sought a way out.


Quote
Gold 2.0?

Traditionally, investors have turned to precious metals such as gold to help protect and privately transfer their wealth. However, ever-increasing regulation, monitoring, and physical searches have eroded some of the key protections afforded by gold. Gold's weakness over the past 24 months has also spooked many former adherents. In such an environment, many have seen the recent arrival of digital crypto-currencies as the means to restore the monetary independence that has been co-opted by big governments. Currencies like the now-famous Bitcoin offer the potential for a store of value, low transaction costs, free movement, and anonymity. It's no wonder that Bitcoin has taken the world by storm. But all that glitters is not gold.

http://www.zerohedge.com/news/2014-01-03/bitcoin-versus-gold

tvbcof
Legendary
*
Offline Offline

Activity: 1974


View Profile
January 05, 2014, 05:15:04 AM
 #7317


Quote from: MofA
Quote
Gold 2.0?

Traditionally, investors have turned to precious metals such as gold to help protect and privately transfer their wealth. However, ever-increasing regulation, monitoring, and physical searches have eroded some of the key protections afforded by gold. Gold's weakness over the past 24 months has also spooked many former adherents. In such an environment, many have seen the recent arrival of digital crypto-currencies as the means to restore the monetary independence that has been co-opted by big governments. Currencies like the now-famous Bitcoin offer the potential for a store of value, low transaction costs, free movement, and anonymity. It's no wonder that Bitcoin has taken the world by storm. But all that glitters is not gold.

http://www.zerohedge.com/news/2014-01-03/bitcoin-versus-gold

One of the things which hit me hard and very early was that I could wash ashore naked in Bumfuck Egypt and obtain access to the wealth I had stored in that medium.  With a little planning at least.  This is wholly unlike the kinds of hassles I'd have with PM's in times of crisis, and if one is a phyzzz freak (like yours truly) it is even somewhat cumbersome in these 'good times.'.

Recognizing these virtues and others, I never would have believed that we got down to $2 in the 2011 trough.  But so it was, and that is why I continued to buy and took a much bigger position than I anticipated when I started (somewhere around $16.)  I felt then as I feel now;  Bitcoin/gold 'parity' is much closer to 1BTC/kg than 1BTC/oz just on the transmission utility alone.  Probably even higher.


Melbustus
Legendary
*
Offline Offline

Activity: 1554



View Profile
January 05, 2014, 07:30:44 AM
 #7318

Quote
Ever since President Nixon broke the US dollar's last link to gold, the world has been set adrift on a sea of fiat currencies that have been increasingly debased, serving the interests of governments and financial elites. For the last five years, central banks have imposed near-zero rates of interest that have helped push up stock, bond, and real estate prices, but have made it nearly impossible for savers to receive meaningful returns on bank deposits.

To make matters worse, the apparatus of national security has turned financial transactions into a massive exercise in government surveillance. Under the camouflage of 'protective' measures, such as the USA PATRIOT Act, governments have invaded the privacy of citizens and compromised banking secrecy in an unprecedented and often unconstitutional manner. Despite huge potential transaction-cost reductions achievable through advances in digital technology, banks continue to charge exorbitant transaction fees while maintaining transfer delays that reflect a pre-digital age. In addition, bank regulators, led by the IMF, have shown a willingness, in the case of Cyprus, to make depositors liable for poor banking decisions. Many private citizens may naturally see the status quo as a deliberate policy to crush middle-class savers and pave the way for centralized socialism. Some have sought a way out.


Quote
Gold 2.0?

Traditionally, investors have turned to precious metals such as gold to help protect and privately transfer their wealth. However, ever-increasing regulation, monitoring, and physical searches have eroded some of the key protections afforded by gold. Gold's weakness over the past 24 months has also spooked many former adherents. In such an environment, many have seen the recent arrival of digital crypto-currencies as the means to restore the monetary independence that has been co-opted by big governments. Currencies like the now-famous Bitcoin offer the potential for a store of value, low transaction costs, free movement, and anonymity. It's no wonder that Bitcoin has taken the world by storm. But all that glitters is not gold.

http://www.zerohedge.com/news/2014-01-03/bitcoin-versus-gold


It's worth noting that that article came from Euro Pacific Capital; Peter Schiff's firm. Furthermore, the author, John Browne, is listed as their senior economic consultant. While he ends the piece saying he'll stick with gold, it's remarkably positive coming from EPC, and also from an older gold-bug. More people really are being assimilated.

Resistance is futile.

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
molecular
Donator
Legendary
*
Offline Offline

Activity: 2128



View Profile
January 05, 2014, 10:28:18 AM
 #7319

Quote from: MofA
Quote
Gold 2.0?

Traditionally, investors have turned to precious metals such as gold to help protect and privately transfer their wealth. However, ever-increasing regulation, monitoring, and physical searches have eroded some of the key protections afforded by gold. Gold's weakness over the past 24 months has also spooked many former adherents. In such an environment, many have seen the recent arrival of digital crypto-currencies as the means to restore the monetary independence that has been co-opted by big governments. Currencies like the now-famous Bitcoin offer the potential for a store of value, low transaction costs, free movement, and anonymity. It's no wonder that Bitcoin has taken the world by storm. But all that glitters is not gold.

http://www.zerohedge.com/news/2014-01-03/bitcoin-versus-gold

So this seems to be the last remaining objection towards bitcoin as Gold 2.0?

It doesn't glitter?

Bummer, and I thought we were up to something here.

Wink

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
molecular
Donator
Legendary
*
Offline Offline

Activity: 2128



View Profile
January 05, 2014, 10:32:11 AM
 #7320

One of the things which hit me hard and very early was that I could wash ashore naked in Bumfuck Egypt and obtain access to the wealth I had stored in that medium.

Same here. Reminds me of a story contest (1 BTC to win) (not any more) for the best story starting with someone being "beamed naked to xyz by the bitcoin fairy with access to a brain wallet" ;-)

The intention was to get some funny stories as to how one would go about even getting some clothes with only a brainwallet key. It kinda worked, some interesting stories turned up.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
Pages: « 1 ... 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 [366] 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 ... 1560 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!