Gold collapsing. Bitcoin UP.

[justusranvier]

There's never just one cockroach:

www.theopenledger.com/nj-cop-caught-selling-stolen-bitcoin-mining-equipment/

[cypherdoc]

There's never just one cockroach:

www.theopenledger.com/nj-cop-caught-selling-stolen-bitcoin-mining-equipment/

They seem to be everywhere these days.

[cypherdoc]

New poll

[molecular]

There's never just one cockroach:

www.theopenledger.com/nj-cop-caught-selling-stolen-bitcoin-mining-equipment/

According to New Jersey public records he earns an annual salary of $85,924.

Jesus, I have to say US government workers seem to earn quite a salary.

[rocks]

There's never just one cockroach:

www.theopenledger.com/nj-cop-caught-selling-stolen-bitcoin-mining-equipment/

According to New Jersey public records he earns an annual salary of $85,924.

Jesus, I have to say US government workers seem to earn quite a salary.

That is nothing especially for the NYC/NJ area.

1) He looks fairly youngish which means he is at the bottom of the union pay scale. You can be sure that by the time he is 50 his salary will be well above $150K
2) That is the base only. For overtime he gets time and a half (or sometimes double). This can easily double a cop's pay. Have you ever seen them watching road construction at night or at a sporting event, they're getting bonus time for that.
3) The benefits are amazing.
4) They can retire at age 50 and receive not just their salary, but the average of their last 3 years salary+bonus, FOR LIFE. This often translates to $+200K/yr for life.
5) After "retiring" at 50 they can go back and work as "consultants" for the police and earn another 2nd salary, taking their total pay well above $250K

If you look at the pool of people ages 50-65 pulling in well over $250K, a very good chunk of them are not doctors or lawyers, but cops and other senior civil "servants".

What is even worse, is even though it is this bad, no politician will go after the cop's unions, because to do so would bring the full might of the police down on you.

The perfect example of this is Scott Walker who went after every single public sector union in WI, but didn't go anywhere near the cops. No one, not even the president, can go after these criminals.

Edit: For the first 100 years of US history, there were no standing police forces and the country seemed to do just fine. It was only in the late 1800s and early 1900s that the large east coast cities started to create standing police forces. It was a large debate at the time with many on the side of liberty arguing that standing police forces with the law behind them will inevitably become corrupt to the bone. They were proven right.

[cypherdoc]

There's never just one cockroach:

www.theopenledger.com/nj-cop-caught-selling-stolen-bitcoin-mining-equipment/

According to New Jersey public records he earns an annual salary of $85,924.

Jesus, I have to say US government workers seem to earn quite a salary.

That is nothing especially for the NYC/NJ area.

1) He looks fairly youngish which means he is at the bottom of the union pay scale. You can be sure that by the time he is 50 his salary will be well above $150K
2) That is the base only. For overtime he gets time and a half (or sometimes double). This can easily double a cop's pay. Have you ever seen them watching road construction at night or at a sporting event, they're getting bonus time for that.
3) The benefits are amazing.
4) They can retire at age 50 and receive not just their salary, but the average of their last 3 years salary+bonus, FOR LIFE. This often translates to $+200K/yr for life.
5) After "retiring" at 50 they can go back and work as "consultants" for the police and earn another 2nd salary, taking their total pay well above $250K

If you look at the pool of people ages 50-65 pulling in well over $250K, a very good chunk of them are not doctors or lawyers, but cops and other senior civil "servants".

What is even worse, is even though it is this bad, no politician will go after the cop's unions, because to do so would bring the full might of the police down on you.

The perfect example of this is Scott Walker who went after every single public sector union in WI, but didn't go anywhere near the cops. No one, not even the president, can go after these criminals.

Edit: For the first 100 years of US history, there were no standing police forces and the country seemed to do just fine. It was only in the late 1800s and early 1900s that the large east coast cities started to create standing police forces. It was a large debate at the time with many on the side of liberty arguing that standing police forces with the law behind them will inevitably become corrupt to the bone. They were proven right.

like i said, you're doing a good job.  i was about to say...

[cypherdoc]

this is a big deal. gvt backing:

Bitcoin Exchange in Chile Gets Funding from Government

http://www.newsbtc.com/2015/04/21/bitcoin-exchange-in-chile-gets-funding-from-government/

[ErisDiscordia]

There's never just one cockroach:

www.theopenledger.com/nj-cop-caught-selling-stolen-bitcoin-mining-equipment/

According to New Jersey public records he earns an annual salary of $85,924.

Jesus, I have to say US government workers seem to earn quite a salary.

That is nothing especially for the NYC/NJ area.

1) He looks fairly youngish which means he is at the bottom of the union pay scale. You can be sure that by the time he is 50 his salary will be well above $150K
2) That is the base only. For overtime he gets time and a half (or sometimes double). This can easily double a cop's pay. Have you ever seen them watching road construction at night or at a sporting event, they're getting bonus time for that.
3) The benefits are amazing.
4) They can retire at age 50 and receive not just their salary, but the average of their last 3 years salary+bonus, FOR LIFE. This often translates to $+200K/yr for life.
5) After "retiring" at 50 they can go back and work as "consultants" for the police and earn another 2nd salary, taking their total pay well above $250K

If you look at the pool of people ages 50-65 pulling in well over $250K, a very good chunk of them are not doctors or lawyers, but cops and other senior civil "servants".

What is even worse, is even though it is this bad, no politician will go after the cop's unions, because to do so would bring the full might of the police down on you.

The perfect example of this is Scott Walker who went after every single public sector union in WI, but didn't go anywhere near the cops. No one, not even the president, can go after these criminals.

Edit: For the first 100 years of US history, there were no standing police forces and the country seemed to do just fine. It was only in the late 1800s and early 1900s that the large east coast cities started to create standing police forces. It was a large debate at the time with many on the side of liberty arguing that standing police forces with the law behind them will inevitably become corrupt to the bone. They were proven right.

wow thanks for putting this into perspective!

[cypherdoc]

nice ramp, baby.  ouch.

[cypherdoc]

Bears are OOT.

Out of time. 

[cypherdoc]

now that's a bullish looking double bottom:

[cypherdoc]

screw the shorts:

[thezerg]

now that's a bullish looking double bottom:

I'd be a lot happier to with more volume but still a good start.

[Kupsi]

Taringa's Xapo integration could be really, really great for Bitcoin's propagation in Latin America.

https://blog.xapo.com/xapo-and-taringa-launch-largest-bitcoin-integration/

[cypherdoc]

there's lotsa good sh*t going on.  this is as good a place as any to enter a bull.  200 is the new 2.

[justusranvier]

there's lotsa good sh*t going on.  this is as good a place as any to enter a bull.  200 is the new 2.

I'd rather see the price stay low for a while. Higher exchange rates means my paychecks get smaller in btc terms.

[tabnloz]

2bitidiot's latest

https://medium.com/@twobitidiot/bitcoin-the-global-reserve-9e61d6954533

contains link to Vinny Lingham paraphrased quote from Bitcoin Africa conference

"The biggest buyers of bitcoin in the next few years will be government"

[molecular]

2bitidiot's latest

https://medium.com/@twobitidiot/bitcoin-the-global-reserve-9e61d6954533

contains link to Vinny Lingham paraphrased quote from Bitcoin Africa conference

"The biggest buyers of bitcoin in the next few years will be government"

quite bullish outlook .

What would it look like should a central bank decide to acquire a stash of BTC? Would that be a public policy decision made transparent before the market operation is going to be conducted?

[hdbuck]

Meet The Secretive Group That Runs The World:
http://www.zerohedge.com/news/2015-04-11/meet-secretive-group-runs-world

centralization much?


edit: regarding the negative interest rates, it hit me that the lifetime of those bonds indicate the central bankers 'opinion' about the schedule of the upcoming crisis.
they'd rather pay to lend money to Govs than just sit on their pile of money. Swiss has neg interest rates up to 10 y bonds, France up to 5 y, etc.. So swiss is likely to resist the crisis for the next 10 y or so, whilst France may only have 5 more years.. What's interesting is that banks dont seem to be in full control of Govs since they pay neg interest rates to hedge their risk. Hence, the Govs will have their own agenda when it all pops down, and banks can only "play nice" with them for now..

[stereotype]

2bitidiot's latest

https://medium.com/@twobitidiot/bitcoin-the-global-reserve-9e61d6954533

contains link to Vinny Lingham paraphrased quote from Bitcoin Africa conference

"The biggest buyers of bitcoin in the next few years will be government"

quite bullish outlook .

What would it look like should a central bank decide to acquire a stash of BTC? Would that be a public policy decision made transparent before the market operation is going to be conducted?

The IMF flirted with the idea of acquiring BTC in 2013....

http://diyhpl.us/~bryan/papers2/bitcoin/Regulating%20digital%20currencies%20-%20bringing%20Bitcoin%20within%20the%20reach%20of%20the%20IMF.pdf