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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1805733 times)
cypherdoc
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July 02, 2014, 01:36:12 PM
 #9081

Draper taking the bitcoin overseas sends a dual message.

1. More opportunity away from the US
2. he keeps them outside the jurisdiction of the US gov't
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cypherdoc
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July 02, 2014, 01:52:54 PM
 #9082

Draper's  probably headed to Argentina.
Bagatell
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July 02, 2014, 01:57:40 PM
 #9083

Draper's  probably headed to Argentina.

Or Bulgaria. In fact any number of countries with "weakening currencies".
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July 02, 2014, 02:04:05 PM
 #9084

"Of course, no one is totally secure in holding their own country’s currency. We want to enable people to hold and trade bitcoin to secure themselves against weakening currencies."

~21M USD - - > 30000 BTC = LOL
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July 02, 2014, 02:04:15 PM
 #9085

Draper's  probably headed to Argentina.

Or Bulgaria. In fact any number of countries with "weakening currencies".

Interesting that you mentioned Bulgaria, as I was just about to post an article about bank runs there.

http://www.economist.com/blogs/economist-explains/2014/07/economist-explains

It seems that they have not actually been caused by economics, but by a shadowy campaign of scaremongering..
'But still.. people will fear, as they remember previous crashes and bank runs in the 90's

The last 24 hours were critical but the next 24 hours are criticaller!
cypherdoc
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July 02, 2014, 02:09:41 PM
 #9086

Boom
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Sirius Iberia - Nos tomamos el Bitcoin en serio


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July 02, 2014, 02:30:37 PM
 #9087

"Of course, no one is totally secure in holding their own country’s currency. We want to enable people to hold and trade bitcoin to secure themselves against weakening currencies."
Sounds like Thiel, the founder of PayPal, 15 years ago. We know how that turned out.  Wink

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July 02, 2014, 03:49:40 PM
 #9088

"Of course, no one is totally secure in holding their own country’s currency. We want to enable people to hold and trade bitcoin to secure themselves against weakening currencies."
Sounds like Thiel, the founder of PayPal, 15 years ago. ...


Yeah, it really does. Too bad Byzantine Fault Tolerance wasn't solved until 2008.

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
cypherdoc
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July 02, 2014, 04:08:50 PM
 #9089

"The fact that you have 51 countries (represented at the conference) and all of them have something positive to say about developments in their countries—maybe this helped show that bitcoin is bigger than just the U.S., China and England," said Micky Malka, a general partner at venture capital firm Ribbit Capital and a board member of conference host Bitcoin Foundation."

http://www.cnbc.com/id/101728070
cypherdoc
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July 02, 2014, 04:22:49 PM
 #9090

someone need an new avatar?

Melbustus
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July 02, 2014, 04:35:01 PM
 #9091

This would be my avatar if theymos ever fixes the avatar-change security issue:



But yeah, that Draper pic is hilarious.

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
Adrian-x
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July 02, 2014, 04:39:14 PM
 #9092

Draper taking the bitcoin overseas sends a dual message.

1. More opportunity away from the US
2. he keeps them outside the jurisdiction of the US All gov't
FTFU

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
cypherdoc
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July 02, 2014, 04:41:34 PM
 #9093

Draper taking the bitcoin overseas sends a dual message.

1. More opportunity away from the US
2. he keeps them outside the jurisdiction of the US All gov't
FTFU

well, his new business has to land some place.

hopefully somewhere that lays hands off.
cypherdoc
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July 02, 2014, 04:44:44 PM
 #9094

"Russia Softens Stance on Bitcoin"

http://online.wsj.com/articles/russia-softens-stance-on-bitcoin-1404305139

i once said that gov't and CB's will be just as schizophrenic as day traders around here when it comes to Bitcoin.  they just don't know what to do...
Melbustus
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July 02, 2014, 04:52:09 PM
 #9095

"Russia Softens Stance on Bitcoin"

http://online.wsj.com/articles/russia-softens-stance-on-bitcoin-1404305139

i once said that gov't and CB's will be just as schizophrenic as day traders around here when it comes to Bitcoin.  they just don't know what to do...


Part of me wants the world's most oppressive regimes to be steadfastly anti-bitcoin. That'd potentially generate more "invest in what China bans, because it bans the most powerful stuff" mentality (FB, Google, Twitter, open internet, etc).

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
justusranvier
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July 02, 2014, 04:53:44 PM
 #9096

I remember when Slashdot used to be cool.

Now it's nothing buy paid marketers and shills spewing venom and misdirection in the comment sections:

http://news.slashdot.org/story/14/07/02/1546224/investor-tim-draper-announces-he-won-silk-road-bitcoin-auction
cypherdoc
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July 02, 2014, 04:54:29 PM
 #9097

the divergence carnage continues:

cypherdoc
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July 02, 2014, 05:02:58 PM
 #9098

Melbustus
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July 02, 2014, 05:10:49 PM
 #9099

I remember when Slashdot used to be cool.

Now it's nothing buy paid marketers and shills spewing venom and misdirection in the comment sections:

http://news.slashdot.org/story/14/07/02/1546224/investor-tim-draper-announces-he-won-silk-road-bitcoin-auction

I noticed that in 2004ish. I was an avid slashdotter in the late 90s/early00s, but then the comments on some article about online-poker in '04 just pissed me off enough that I abandoned the site for about 7 years.

Things obviously didn't get any better, but I still have a soft spot for Slashdot for two reasons:
1) What it was in the 90s.
2) The bitcoin dollar-parity mention on Slashdot was when I first heard about bitcoin.


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
Melbustus
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July 02, 2014, 05:13:44 PM
 #9100




I think there'll be <=4 alts that have value >= (BTC / 100), and zero with value > (BTC / 10), but yeah, that pic sums up the overall idea nicely Smiley


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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