Peter R
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December 08, 2014, 10:28:00 PM |
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Is anybody here planning to attend the North American Bitcoin Conference in Miami Beach Jan 16 - 18? http://btcmiami.com
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rocks
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December 08, 2014, 11:08:22 PM |
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The reason rates can not go up (and bonds go down) is simply because given the about of debt owed the government could not possibly support interest payments if rates went up, even if they only rose to historical averages. Japanification has come to the US. Japan has such a massive debt load that if rates went to 3% interest payments would be higher than tax revenues, i.e. if Japan cut ALL government services they'd still be running a deficit. So rates have been keep at near zero for a long time. Same thing in the US now. Here is a chart showing the evolution of "forward guidance" on the fed funds rate. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.zerohedge.com%2Fsites%2Fdefault%2Ffiles%2Fimages%2Fuser5%2Fimageroot%2F2014%2F04%2Fforward%2520guidance.JPG&t=665&c=Svn9Uu80Mm1X4Q) Notice the pattern? They keep saying "trust us rates will go up soon", but then never increase rates. Again and again and again. The reason is simple and easily understood by anyone who can read a balance sheet and cash flow statement, the government simply can not afford higher rates, so the government will never allow rates to increase.
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sidhujag
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December 09, 2014, 05:44:54 AM |
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Rates will rise by about 2% before implosion
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NewLiberty
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Gresham's Lawyer
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December 09, 2014, 12:13:16 PM |
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Is anybody here planning to attend the North American Bitcoin Conference in Miami Beach Jan 16 - 18? http://btcmiami.comMoe puts on awesome conferences. Miami last year was a blast.
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sickpig
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December 09, 2014, 03:24:01 PM |
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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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cypherdoc (OP)
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December 09, 2014, 03:29:01 PM |
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major short term Dow Theory non-conf on the board. makes sense with oil and Baltic Dry plunging along with other commodities except for gold. i think this is real so high alert on stocks: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FUchPKUT.png&t=665&c=OS-RT0rJOf-RYA) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FKHBIV3V.png&t=665&c=lRAF92PQ12QIPw)
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cypherdoc (OP)
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December 09, 2014, 03:31:25 PM |
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like i said, gold could go all the way to 1300 in a major head fake. i'll be waiting for you ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) : ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fv7WVBRm.png&t=665&c=OPCg1OYh_LnRUw)
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cypherdoc (OP)
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December 09, 2014, 03:33:04 PM |
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VIX more than creeping. more like green up the ass. this one should hurt bad: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FXXac1mh.png&t=665&c=ZuuayAQrrtaYIQ)
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NotLambchop
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December 09, 2014, 03:37:35 PM |
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... ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.zerohedge.com%2Fsites%2Fdefault%2Ffiles%2Fimages%2Fuser5%2Fimageroot%2F2014%2F04%2Fforward%2520guidance.JPG&t=665&c=Svn9Uu80Mm1X4Q) Notice the pattern? ... ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs4.postimg.org%2Fj6uabwpm5%2FCapture.jpg&t=665&c=HRK6WLx_zMeukQ) Notice the pattern?
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cypherdoc (OP)
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December 09, 2014, 03:38:35 PM |
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20 yr UST (TLT) has been hinting at a RunToSafety, aka, Moar Black Hole Shit: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FtuTpA1V.png&t=665&c=5OLmQrQwi3SE_Q) here's the interesting one, the USD Index. looks like it's topping. if we enter another crisis, i seriously doubt the US will get away with both the USD and UST's rallying like in 2008. we'll have to sacrifice one or the other and it will probably be the USD: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FimJMLKu.png&t=665&c=5cuWpURNQOA7hQ)
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sidhujag
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December 09, 2014, 06:08:26 PM |
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I've been calling a USD bullrun for over 3 years now so I think it has a ways to go still. May escalate when the EUR experiment is over.
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Melbustus
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December 11, 2014, 12:55:21 AM |
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Ryan Charles, via Reddit: reddit has the potential to make bitcoin mainstream. There is no better company in the world to do this than reddit.
and Bitcoin technology will ultimately become integral to reddit. We've had some internal brainstorming about ways we could integrate - the possibilities are enormous.
To which I asked: "Bitcoin technology" meaning what, exactly? Can you say whether you're going to be using the bitcoin currency and the bitcoin blockchain, versus creating a completely separate currency/blockchain for Reddit's digital assets needs?
And Ryan's response: Great question! First of all, see Oleg Andreev's excellent article "The universe wants one money": http://blog.oleganza.com/post/54121516413/the-universe-wants-one-moneyCompeting with bitcoin wouldn't make any sense. Rather than compete, we want to build on and with the bitcoin community. We will not create a currency that competes with bitcoin. Instead, we will leverage the blockchain (The Blockchain, i.e., the bitcoin blockchain), and quite possibly also sidechains, in order to build our technology. We are not making an altcoin. We are not making an altcoin. We are not making an altcoin. Reddit thread: https://www.reddit.com/r/blog/comments/2owj55/welcome_drew_ryan_mike_daniel_joe_dave_david/cmr5kjt
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Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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brg444
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December 11, 2014, 01:15:54 AM |
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Ryan Charles, via Reddit: reddit has the potential to make bitcoin mainstream. There is no better company in the world to do this than reddit.
and Bitcoin technology will ultimately become integral to reddit. We've had some internal brainstorming about ways we could integrate - the possibilities are enormous.
To which I asked: "Bitcoin technology" meaning what, exactly? Can you say whether you're going to be using the bitcoin currency and the bitcoin blockchain, versus creating a completely separate currency/blockchain for Reddit's digital assets needs?
And Ryan's response: Great question! First of all, see Oleg Andreev's excellent article "The universe wants one money": http://blog.oleganza.com/post/54121516413/the-universe-wants-one-moneyCompeting with bitcoin wouldn't make any sense. Rather than compete, we want to build on and with the bitcoin community. We will not create a currency that competes with bitcoin. Instead, we will leverage the blockchain (The Blockchain, i.e., the bitcoin blockchain), and quite possibly also sidechains, in order to build our technology. We are not making an altcoin. We are not making an altcoin. We are not making an altcoin. Reddit thread: https://www.reddit.com/r/blog/comments/2owj55/welcome_drew_ryan_mike_daniel_joe_dave_david/cmr5kjtReddit tip coming.
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"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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brg444
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December 11, 2014, 01:22:06 AM |
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yes, this is exciting [–]ryancarnated 6 points an hour ago Sort of. When I was hired, we didn't really have a concrete plan. We just recognized the enormous potential of bitcoin technology at reddit. Why reddit? Because reddit is the largest phyle in the sense of Neal Stephenson's The Diamond Age. There is no community in the world more ideally suited to adopting decentralized, internet-native technology like bitcoin. It's a perfect match. If we do a good job building this technology, there should be next to nothing for us to maintain. The software will all be open-source, and powered by decentralized technologies. reddit servers will play a very minor, and non-critical role by facilitating the user experience.
this guy, he gets it.
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"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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BlindMayorBitcorn
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December 11, 2014, 01:52:59 AM |
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yes, this is exciting [–]ryancarnated 6 points an hour ago Sort of. When I was hired, we didn't really have a concrete plan. We just recognized the enormous potential of bitcoin technology at reddit. Why reddit? Because reddit is the largest phyle in the sense of Neal Stephenson's The Diamond Age. There is no community in the world more ideally suited to adopting decentralized, internet-native technology like bitcoin. It's a perfect match. If we do a good job building this technology, there should be next to nothing for us to maintain. The software will all be open-source, and powered by decentralized technologies. reddit servers will play a very minor, and non-critical role by facilitating the user experience.
this guy, he gets it. This is a good read too. Very telling https://bitcointalk.org/index.php?topic=869664.new#new
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Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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cypherdoc (OP)
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December 11, 2014, 05:12:52 AM |
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Lol
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cypherdoc (OP)
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December 11, 2014, 05:16:31 AM |
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cypherdoc (OP)
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December 11, 2014, 05:21:32 AM |
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solex
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100 satoshis -> ISO code
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December 11, 2014, 06:21:00 AM |
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Launching to the new moon! ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fm.c.lnkd.licdn.com%2Fmpr%2Fmpr%2Fp%2F4%2F005%2F08a%2F0cf%2F048fef2.jpg&t=665&c=SYIVANvze9VfYg)
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