Gold collapsing. Bitcoin UP.

[TPTB_need_war]

bullshit

yeah, like Samsung, who stands to install maybe a billion new smartphones with this new model, is going to just give up all future profits so that a NWO can tank the worldwide economy and take us down into a new Great Depression.

sounds legit.

You have a marvelous noise conflation engine in that void you call your brain.

If Samsung manufactures a billion phones for this 21 Inc, then 75% of the coins go to Samsung (a cartel and oligarchy member) then how did Samsung not profit?

Cartels and oligarchies are built for profits. They do destroy their markets over time, but that is an ancillary point.

[1713556996]

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[TPTB_need_war]

Your post presents zero statements or facts, it is simply a string of nonsense...

Eat your ignorance:

Btw, CoinShuffle has the same weakness that I explained about CoinJoin. In the CoinJoin thread, gmaxell et al said if the dishonest user could be tracked, then it could be blacklisted. I retorted that with anonymous mixing, no one can be blacklisted. Duh! And they have high IQs 

[Peter R]

TPTB_need_war, I'm trying to understand what exactly you're attempting to communicate.  Earlier you mentioned that it would be a good idea to "move more hardware value into [a] coin" and "give mined morsels" so that "no one sells and [the coins] instead circulate":

If you can move the worlds CPUs into your coin decentralized, you can beat Bitcoin because you can move more hardware value into your coin. Especially if you can give the mined morsels to be so small that no one sells and they instead circulate those morsels on a use-case that Bitcoin can't do.

Yet when it was later pointed out that 21 Inc. is doing exactly that, you now seem to talk negatively about the idea:

21 Inc...are going to give some incentive discounts and 25% share hiding all the complexity of mining from these dumb users who have no demand for mining and then try to teach them to use their Bitcoins to buy ringtones and upsell crap...

In one or two sentences, what exactly are you trying to say?

[ssmc2]

TBTB is a master troll of the highest order. Please reply with extreme caution.

[TPTB_need_war]

I am hyper pissed off at you guys that you do not care that the world will be turned into a 1984 in your lifetime.

The Bitcoin community in general and people who frequent this thread in particular seem to be overwhelmingly wary of centralizing tendencies in government and possible 1984 scenarios. Just because many of us here are not convinced by your arguments about Bitcoin being a TPTB-engineered honeypot (or we might be too stupid to realize, as you might interpret it), doesn't mean we are cheering for a reptilian illuminati NWO clusterfuck, quite the opposite.

All I've read here in this thread is either nonsense, denial, or justification because we won't have a universal store-of-value and global ledger if we don't allow the culprits of our slavery aid us in getting the dumb masses into Bitcon.

I am very aware that I have little to no technical knowledge to offer in this space. That is why I limit my activity to the one beneficial service I can provide: pointing out, that we are all allies in the intellectual fight against centralized one world government and in order to succeed, we need to leave our egos at the door, lest we just end up mimicking the struggle for becoming top-dog, alpha-males, claiming control over what people should do and think, which makes up the current structure of TPTB. We need discord for the decentralized agenda, so let's be friendly about it, shall we. Discord can be a lot of fun.

I tried to take your advice and make cordial and rational discussions. The result I got was saying I shouldn't post much.

If you are truly concerned, you will make sure you study the solution when it is made available. As everything will be explained in layman's terminology in a convincing manner. Then you will be able to argue convincingly to yourself that I was correct.

I can't do that sort of professionalized elucidation in this forum posting format.

[Brilliantrocket]

TBTB is a master troll of the highest order. Please reply with extreme caution.

When you're a fanatic, anyone posting a contradictory opinion is a troll. This thread is full of Bitcoin fanatics who would rather sling ad hominems than learn.

[Bagatell]

TBTB is a master troll of the highest order. Please reply with extreme caution.

There is only one way to kill a troll. Starve it.

[TPTB_need_war]

TBTB is a master troll of the highest order. Please reply with extreme caution.

Grand Master 15th degree fluorescent, Nibiru belted to be precise.

Some of you are really pathetic. It is sad.

There is only one way to kill a troll. Starve it.

Ignore(ance) is your special talent.

[TPTB_need_war]

When you're a fanatic, anyone posting a contradictory opinion is a troll. This thread is full of Bitcoin fanatics who would rather sling ad hominems than learn.

My God I was just born again. Finally someone gained something (even if only an opinion to consider) from all my effort. Hope you can withstand the backlash. Thank you.

[zanzibar]

http://www.bbc.com/news/technology-32781244

edit: Sorry for posting this, just read it and it's incredibly stupid.

[cypherdoc]

TPTB, you and your handlers have 20 min to reverse this or all hell is gonna break loose:

[thelibertycap]

Not sure if game players want to pick an unnecessary fight with the government.

Sometimes I feel you should have some acid to relieve yourself of the irrational fear of government (it helps).

I have personally recommended acid to him many months ago. He could finally have a chance to see through his ego and perhaps give him real insight into all the things he now only thinks he understands. I think he is too old and scared anyway and really thinks he doesn't need it, lol.

[cypherdoc]

TPTB, you and your handlers have 20 min to reverse this or all hell is gonna break loose:

looks like they're not gonna make it. poor boys.

we have confirmation of the non-confirmation.  with time, this should start dragging down the rest of the stock mkt.  it won't be a straight line and things will get quite volatile from here so watch out.

[TPTB_need_war]

TPTB_need_war, I'm trying to understand what exactly you're attempting to communicate.  Earlier you mentioned that it would be a good idea to "move more hardware value into [a] coin" and "give mined morsels" so that "no one sells and [the coins] instead circulate":

If you can move the worlds CPUs into your coin decentralized, you can beat Bitcoin because you can move more hardware value into your coin. Especially if you can give the mined morsels to be so small that no one sells and they instead circulate those morsels on a use-case that Bitcoin can't do.

Yet when it was later pointed out that 21 Inc. is doing exactly that, you now seem to talk negatively about the idea:

21 Inc...are going to give some incentive discounts and 25% share hiding all the complexity of mining from these dumb users who have no demand for mining and then try to teach them to use their Bitcoins to buy ringtones and upsell crap...

In one or two sentences, what exactly are you trying to say?

Users mining in an algorithm where pools are impossible is positive for decentralization of mining. Users possessing devices that mine without user control possible and which can not be stopped from sending the mining shares to the centralized server for the device provider is centralization of mining. Decentralization is permissionless freedom. Centralization is totalitarianism.

Note since PoW enables the latter case, PoW is no longer a viable choice for the consensus algorithm. The cartels will gain more than 50% of the hashrate virtually guaranteed because the efficiency of heat appliance mining is maximum and thus drives all independent mining (that isn't also a heat appliance) bankrupt.

[jmw74]

the only financial plan i've heard of is the 25/75% split btwn the consumer and 21, so the consumer is going to get spending coin.  and that would be business savvy for the companies b/c that allows consumers to purchase other services and features.  yes, the mining and hardware wallet will be on autopilot and already setup which makes it brain dead easy for even guys like you to use so you won't feel so bad for having not bought @ $13.

I can't quite tell but I think you're serious?

The consumer is going to get 25% of jack shit, and a bigger electricity bill. You can't possibly think this is a business model.

These ASICs are going to be nearly obsolete by the time anyone plugs them into a socket. They are not going to mine anything of value, certainly not enough to pay for any real world resources. A few satoshis is below the dust limit and unspendable.

Even if that were somehow overcome, do you really think that all the power outlets that people can use today for free, will still be free, once it becomes clear freeloaders will be making real profits by stealing power? Of course not. They're only free today because no one is trying to take advantage of them.

21's plan, as stated, is pure bullshit. The only question is whether they know it or not.

[Wekkel]

we have confirmation of the non-confirmation. 

http://www.zerohedge.com/news/2015-05-20/one-these-things-not-other

A sign but not a given.

[ssmc2]

TBTB is a master troll of the highest order. Please reply with extreme caution.

When you're a fanatic, anyone posting a contradictory opinion is a troll. This thread is full of Bitcoin fanatics who would rather sling ad hominems than learn.

That's cute. I'm here to learn from individuals who provide information worth gleaning something from, not ego driven, socially inept, paranoid schizophrenics spreading disinformation. Thanks though.

[ErisDiscordia]

I tried to take your advice and make cordial and rational discussions. The result I got was saying I shouldn't post much.

I do think you've become a bit more approachable and chill since I first saw you post under the anonymint handle, so that's good to see You still seem very dogmatic, though.

Alas, I do also think that this suggestion might prove quite valuable:

I have personally recommended acid to him many months ago.

If you are truly concerned, you will make sure you study the solution when it is made available. As everything will be explained in layman's terminology in a convincing manner. Then you will be able to argue convincingly to yourself that I was correct.

I will continue to try and digest new information which comes my way with as open a mind as I can manage without my brains oozing out of my ears. If you produce something which turns out to be all that you claim I'll be happy to let it teach me lots of new things, just like Bitcoin has. I just hope you'll make it easy to navigate. I still shudder when I remember trying to navigate your self-referential hyper cross-linked information hell you used to produce  

[coinits]

TBTB is a master troll of the highest order. Please reply with extreme caution.

He is definitely NOT a troll. Highly intelligent but....

[Erdogan]

the only financial plan i've heard of is the 25/75% split btwn the consumer and 21, so the consumer is going to get spending coin.  and that would be business savvy for the companies b/c that allows consumers to purchase other services and features.  yes, the mining and hardware wallet will be on autopilot and already setup which makes it brain dead easy for even guys like you to use so you won't feel so bad for having not bought @ $13.

I can't quite tell but I think you're serious?

The consumer is going to get 25% of jack shit, and a bigger electricity bill. You can't possibly think this is a business model.

These ASICs are going to be nearly obsolete by the time anyone plugs them into a socket. They are not going to mine anything of value, certainly not enough to pay for any real world resources. A few satoshis is below the dust limit and unspendable.

Even if that were somehow overcome, do you really think that all the power outlets that people can use today for free, will still be free, once it becomes clear freeloaders will be making real profits by stealing power? Of course not. They're only free today because no one is trying to take advantage of them.

21's plan, as stated, is pure bullshit. The only question is whether they know it or not.

That's true. Large scale mining is here to stay. For the apparent 21's plan, people tend to view only the power as input cost. As always, it is manpower (in the form of management), natural resources and capital. Those chips cost money. Each chip added to a board cost far more than the chip itself, and that principle is also applicable to areas of a larger chip.

I think that it is not feasable. But bitcoin technology in the form of an automatic economic actor inside a device could be useful provided there is something for the devices to trade. Could be anything. A wallet and an automatic trader inside every device. They could have something like that in mind.