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Author Topic: Gold collapsing. Bitcoin UP.  (Read 2032140 times)
sickpig
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October 30, 2014, 02:13:19 PM
 #14941

fwiw Matt Corallo's "A look at a few Questions and Misconceptions regarding Pegged Sidechains"

http://www.blockstream.com/2014/10/30/a-look-at-a-few-questions-and-misconceptions-for-pegged-sidechains/

Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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justusranvier
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October 30, 2014, 02:15:55 PM
 #14942

Actually, in the above gvt attack scenario,  arb bots help funnel BTC to scBTC faster thus increasing the speed at which the SC gains dominance.
Speaking of government attack scenarios, BitPay just hired Emperor Palpatine:



this guy is a trojan horse and doesn't even know it  Cool
I doubt we hear anything from him. That's what scare me.   Wink
Always two there are, a master and an apprentice.
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October 30, 2014, 02:20:06 PM
 #14943

Always two there are, a master and an apprentice.
Found him:

https://twitter.com/ArthurLevitt/status/527580418242269184
cbeast
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October 30, 2014, 02:22:04 PM
 #14944

Yikes! Is Tony Obi-Wan or Anakin?

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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October 30, 2014, 02:23:09 PM
 #14945

Yikes! Is Tony Obi-Wan or Anakin?
Qui-Gon Jinn Sad
NewLiberty
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October 30, 2014, 02:27:54 PM
 #14946

Speaking of gvts, no one has bothered to address my non economic malicious  attack by a gvt i outlined days ago.

Right now the most the gvt could do with their 143000 BTC address is sell it to another BTC buyer. Now, with SC's, you're handing them an opportunity to boot strap a new currency on their own terms, while at the same time offering them a risk free put. And don't expect them to tell you ahead of time. They'll be smart enough to slowly infuse the SC to create a  perception of market demand. Ask yourself how would you feel seeing at least 143000 BTC show up on a SC in staccato fashion over a period of a year accompanied by other speculative follow on scBTC?

But maybe that is the plan all along;  make a killing along side a gvt.
It isn't far fetched.
It is the chartered purpose of the Federal Reserve, and other central banks, to manipulate currency for the safety and benefit of banking institutions (oh yeah, and the nation).
It is their job to do this.  If they don't, they may be negligent in their charter.
The Fed also under the Telecommunications Service Priority (TSP), Government Emergency Telecommunications Service (GETS), and the Wireless Priority Services (WPS) programs claims authority for monetary communication networks for payment systems.

It would be done indirectly, of course, through member banks.

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
cypherdoc (OP)
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October 30, 2014, 02:29:43 PM
 #14947

fwiw Matt Corallo's "A look at a few Questions and Misconceptions regarding Pegged Sidechains"

http://www.blockstream.com/2014/10/30/a-look-at-a-few-questions-and-misconceptions-for-pegged-sidechains/

With all due respect, that was worth squat.

I thought there was going to be some in depth answering to some of the really deep questions  that have been brought up here. But no, it was simply a marketing piece that said "trust us, we've thought about that already ".
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October 30, 2014, 02:33:13 PM
Last edit: October 30, 2014, 02:45:39 PM by cypherdoc
 #14948

Ok, now I'm on a roll. Here's your solution to arb bots.

 Cheesy

stop it. I'm saying it in the most friendly way, what you are doing is not healthy, you are simply trying too hard.

you can carry on. but you might as well create a thread. your infatuation for SC doomsday scenario is taking too much place in this thread, as others have mentioned (I recognize I am also guilty of entertaining this back n forth)

i appreciate and enjoy your market analysis pertaining to this thread's original topic so lets go back to that. if you create a different thread where you can sum up your scenarios for SC attacks and update your theory (which changes daily) I may discuss it there but from now on let's try and keep it on topic

I've never said this before to anyone but I will now. It's my thread and I'll talk about whatever I like.

If you don't like it, go away. No one is forcing you to read what I write.
brg444
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October 30, 2014, 02:45:19 PM
 #14949


I've never said this before but I will now. It's my thread and I'll talk about whatever I like.

If you don't like it, go away. No one is forcing you to read what I write.

 Roll Eyes

whatever

just realize I'm not the only one tired of arguments that lead nowhere, it's kinda hard keeping up with your delusions.

funny others have brought up this point but you didn't address it and told them to "go away" like you did with me.

i really must've gotten your panties in a bunch  Cheesy

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
cypherdoc (OP)
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October 30, 2014, 02:50:47 PM
 #14950


I've never said this before but I will now. It's my thread and I'll talk about whatever I like.

If you don't like it, go away. No one is forcing you to read what I write.

 Roll Eyes

whatever

just realize I'm not the only one tired of arguments that lead nowhere, it's kinda hard keeping up with your delusions.

funny others have brought up this point but you didn't address it and told them to "go away" like you did with me.

i really must've gotten your panties in a bunch  Cheesy

and yet the views for this thread keep multiplying faster than ever along with replies.  same paradox as when you pointed to Reddit AMA.

don't you find it ironic you trying to tell me to shut up on this issue and stay on topic when i'm the main driver for all the gold and economic jargon that goes on in this thread in the first place?  this thread wouldn't be nearly as popular if it wasn't for my dedication and commitment to talking about it along with Bitcoin.

you're like a stasi gvt.  censor me in whatever direction you prefer.

edit:  the only one i've ever chided about "going away" in jest was devphp since he's the one said he would be going away permanently.  so stop lying.
cypherdoc (OP)
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October 30, 2014, 03:14:08 PM
 #14951


I've never said this before but I will now. It's my thread and I'll talk about whatever I like.

If you don't like it, go away. No one is forcing you to read what I write.

 Roll Eyes

whatever

just realize I'm not the only one tired of arguments that lead nowhere, it's kinda hard keeping up with your delusions.

funny others have brought up this point but you didn't address it and told them to "go away" like you did with me.

i really must've gotten your panties in a bunch  Cheesy

furthermore, NO ONE fights for Bitcoin's ultimate success harder than i do.
justusranvier
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October 30, 2014, 03:23:17 PM
 #14952

furthermore, NO ONE fights for Bitcoin's ultimate success harder than i do.
I'd like to submit my application for this position.


And for the last time I don't give a fuck about Bitcoin's legal status, and neither should anyone else. In fact, we should assume that's illegal and make sure our infrastructure is robust enough that it doesn't matter.

Sometimes I think you're about the only MAN on this forum, Justus. Smiley
I know I'm not the only one thinking that, but since I've already long ago resigned myself to being on all the watchlists anyway, I don't mind saying it out loud.

Justus: the John Connor for Bitcoin.
cypherdoc (OP)
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October 30, 2014, 03:26:08 PM
 #14953

damit.  i covered too early:

cypherdoc (OP)
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October 30, 2014, 03:27:17 PM
 #14954

furthermore, NO ONE fights for Bitcoin's ultimate success harder than i do.
I'd like to submit my application for this position.


And for the last time I don't give a fuck about Bitcoin's legal status, and neither should anyone else. In fact, we should assume that's illegal and make sure our infrastructure is robust enough that it doesn't matter.

Sometimes I think you're about the only MAN on this forum, Justus. Smiley
I know I'm not the only one thinking that, but since I've already long ago resigned myself to being on all the watchlists anyway, I don't mind saying it out loud.

Justus: the John Connor for Bitcoin.

the most i'll give on that is "equally hard".  altho you might want to get your post count up  Wink
cypherdoc (OP)
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October 30, 2014, 03:30:16 PM
 #14955

ok, you want some PM porn?  here you go. oh Lordy:





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October 30, 2014, 03:33:05 PM
 #14956

altho you might want to get your post count up  Wink
Granted.

OTOH, not all my posts are on this forum (https://blog.conformal.com/monetas-brings-colored-coins-to-btcd/), and not all my schemes have been made public yet.
cypherdoc (OP)
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October 30, 2014, 03:33:06 PM
 #14957

frickin A, man!:



cypherdoc (OP)
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October 30, 2014, 03:57:56 PM
 #14958

i put this podcast up with Krugman the other day:

http://www.bloomberg.com/podcasts/masters-in-business/

i forgot to mention that the Nobel Prize Winner in Economics acknowledges and despises, of all things, paid internet trolls!  AND he spends a considerable amount of time talking about them!

who said they don't exist?
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October 30, 2014, 04:05:48 PM
 #14959

i''m gonna warn you right now, we've got several divergences going on in the main indices right now.  we've got the Dow Theory non-confirmation i've been talking about.  only the $DJT has set new highs yet is looking to pull back under its previous high.  also, we've got the RUT down today.  remember how it was leading to the downside to begin with which i detected months ago.  also the gold and silver selloff means Deflation. :

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October 30, 2014, 04:16:11 PM
 #14960

https://twitter.com/jonmatonis/status/527846975769956352

Quote
Jon Matonis @jonmatonis  ·
The time has come for me to resign as Executive Director of the Bitcoin Foundation. Thank you for all of your passionate support! More soon.

Something big is brewing.

I expect he will join the board of a possibly TBA Bitcoin company. Might be announced no later than by next week at Money2020.


"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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