Gold collapsing. Bitcoin UP.

[oakpacific]

A good thing about Bitcoin is you can DIY your own duress-proof scheme, suiting your own needs and tastes.

If I am more worried about myself losing my mind and plead my friends to just cooperate with the authority, then about the reliability of the technologies I employed, I can well hide my paper wallet in a certain corner of a forest on a certain continent, where I can not get to until I am free, or just encrypt it and put it into the bittorrent sync so that it won't be lost. Or better still, If I am feeling adventurous, I could just well hide it in the background noise of a porn picture, and in Linus Torvalds' words, let the rest of the world mirror it. The possibilities are endless.

You could also mixing up the schemes a bit, three signatures for the elves-infested forest, seven carved in the hall of stones, nine for your mortal friends,  then one last to rule them all, to find them and in the dark web bind them.

[byronbb]

Ya I have two copies of my paper btc wallets hidden in different places. One is very hidden the other is in my fridge with instructions to anyone who cleans it out upon my sudden demise. But I think I am going to buy a letter/number punch and get my keys down onto metal.

[wachtwoord]

Ya I have two copies of my paper btc wallets hidden in different places. One is very hidden the other is in my fridge with instructions to anyone who cleans it out upon my sudden demise. But I think I am going to buy a letter/number punch and get my keys down onto metal.

Don't disclose this sort of information on a public forum! It's called security through obscurity for a reason.

[oakpacific]

Ya I have two copies of my paper btc wallets hidden in different places. One is very hidden the other is in my fridge with instructions to anyone who cleans it out upon my sudden demise. But I think I am going to buy a letter/number punch and get my keys down onto metal.

Don't disclose this sort of information on a public forum! It's called security through obscurity for a reason.

Maybe he is trying to lure people into believing it's all that he has, who knows?

[NewLiberty]

Ya I have two copies of my paper btc wallets hidden in different places. One is very hidden the other is in my fridge with instructions to anyone who cleans it out upon my sudden demise. But I think I am going to buy a letter/number punch and get my keys down onto metal.

Don't disclose this sort of information on a public forum! It's called security through obscurity for a reason.

Maybe he is trying to lure people into believing it's all that he has, who knows?

He is hoping you will clean his fridge for him.

[wachtwoord]

Ya I have two copies of my paper btc wallets hidden in different places. One is very hidden the other is in my fridge with instructions to anyone who cleans it out upon my sudden demise. But I think I am going to buy a letter/number punch and get my keys down onto metal.

Don't disclose this sort of information on a public forum! It's called security through obscurity for a reason.

Maybe he is trying to lure people into believing it's all that he has, who knows?

He is hoping you will clean his fridge for him.

Haha, sure! What's the address?

[tvbcof]

Ya I have two copies of my paper btc wallets hidden in different places. One is very hidden the other is in my fridge with instructions to anyone who cleans it out upon my sudden demise. But I think I am going to buy a letter/number punch and get my keys down onto metal.

Don't disclose this sort of information on a public forum! It's called security through obscurity for a reason.

Maybe he is trying to lure people into believing it's all that he has, who knows?

Or maybe he was trying to make the same point that I was trying to make.  There are a variety of ways and means for one to lose or lose control of one's private keys.

Even under a legal system which was not particularly abusive there are ways to induce people to give up information lawfully.  Bitcoin has so many plausible modes of failure that it is very possible for one to be unable to comply, or to give up keys to value which has already been moved, and it is possible that the persons moving the data did not do so in coordination with the individual under attack.

This multitude of proven failure modes of Bitcoin is to me (probably nearly alone) something of a 'killer app'.  I've said it before and I'll say it again:  Thank you all you idiots who got ripped off over the years!

[molecular]

What's PM?

Precious Metal

[thoughtfan]

What's PM?

Precious Metal

Probably best in case it wasn't a joke that someone answers seriously but I'll use this as an excuse to quote the reply I liked the idea of...

What's PM?

It is a subset of alt currencies where instead of having a digital balance, your balance is determined by how much of a certain element you hold. Popular elements of choice include gold, silver, and platinum.

[Spaceman_Spiff]

Ya I have two copies of my paper btc wallets hidden in different places. One is very hidden the other is in my fridge with instructions to anyone who cleans it out upon my sudden demise. But I think I am going to buy a letter/number punch and get my keys down onto metal.

Don't disclose this sort of information on a public forum! It's called security through obscurity for a reason.

Maybe he is trying to lure people into believing it's all that he has, who knows?

He is hoping you will clean his fridge for him.

[World]

BTC mentioned at around 21:40
https://www.youtube.com/watch?v=-0G4rIXkEXk#t=21m40s

[cypherdoc]

Gold collapsing.  Bitcoin UP.

[dserrano5]

Gold collapsing.  Bitcoin UP.

Gold is not precisely collapsing today .

[cypherdoc]

Gold collapsing.  Bitcoin UP.

Gold is not precisely collapsing today .

if you'd been following since 8/9/11, this has never been about the day to day picture.  

it's been a Big Picture Viewpoint of a major financial global event that has the potential to change the world.

edit:  forever.

[cypherdoc]

once we get over 230, there will be 0 days in Bitcoin history where the BTC price has closed higher.

[derpinheimer]

once we get over 230, there will be 0 days in Bitcoin history where the BTC price has closed higher.

Arbitrary..

[justusranvier]

We'll truly be past the April highs when we post a daily low above $266. Even better will be a weekly low.

[miscreanity]

yet somehow he's gone astray on this gold thing.    he's slowly giving way, much to his credit.  

i think what he, and most others, are missing is the speed and rapidity of the Bitcoin phenomenon.  also, this fuzziness of supply with gold is a major problem.

edit:  for evidence of this, look at his sig.  he grossly undersestimated the speed with which those price predictions would be achieved.  he's not the only one.

Those were tail ends of the time ranges that had been calculated - I just like being progressively conservative

Gold is behaving almost entirely as expected, only at a greater magnitude. It's a process...

And to keep it on the record from August 11th, 2013:

Meanwhile, the gold-silver ratio is approaching 62. A sustained move below that level will strongly suggest a silver-led rally. For that matter, I'm also expecting USD$1,000+ Bitcoin within a year.

That may be the point where all out war on Bitcoin is unleashed. While the price might not fade, persecution could rise.

[windjc]

I think the thing Bitcoin needs to learn from Gold is how to market.

The Gold markets are driven by salespeople. Some of the best on the planet. Billions are spent on marketing each year.

Bitcoin needs to get some late night commercials going and more PR reps at CNBC.

And I'm being dead serious.

[cypherdoc]

I think the thing Bitcoin needs to learn from Gold is how to market.

The Gold markets are driven by salespeople. Some of the best on the planet. Billions are spent on marketing each year.

Bitcoin needs to get some late night commercials going and more PR reps at CNBC.

And I'm being dead serious.

while certainly it wouldn't hurt, i think Bitcoin is doing just fine.