[SDC] ShadowCash | Welcome to the UMBRA

[LiteBit]

Shweeeet, thanks. Are there any websites that accept SDC as a form of payment? Like precious metals companies or something?

Currently I know of no companies that accept SDC as a payment method.

You can however use services like www.ShapeShift.io to swiftly do payments to stores that accept Bitcoin and other cryptocurrencies

Like Kewde said, ShapeShift has ShadowCash in their arsenal. ShapeShift also has a partnership with https://purse.io/ which allows you to buy stuff on Amazon and other big places. Plus there is https://www.coinpayments.net/ which also has ShadowCash in their arsenal and allows you to use your coins most online places like Purse.

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[Kuriso]

I was looking for a secure texting and phone call app.  I came across these nifty apps today.  Thought I'd share them here.  Would be useful systems to integrate with SDC

https://play.google.com/store/apps/details?id=org.thoughtcrime.redphone
https://play.google.com/store/apps/details?id=org.thoughtcrime.securesms
https://itunes.apple.com/app/id874139669

Both systems are open source: https://github.com/WhisperSystems

[rutherford]

marlon33: well

[rutherford]

josh: For those of you who don't know, Rutherford is the shadow community robot, maintained by Ludx. Rutherford links our slack chat to bitcoin talk among other useful things. Both ways. Marlon33 seems to have worked that out now, good for them.

[Wanderlust]

@crz - happy birthday man

* Wanderlust plays In Da Club

CH here. On a rock without a PW.
Blood in da streets. <3 Crypto
Got smooth scars

[skip60]

Till the announcement, alt coin markets are closed

China's bad.

Bitcoin and altcoin markets were not around at 2008 morgage crisis, they will taste it now

every spike at prices is a chance to sell coin...it is a falling blade now, releases wont help

ps: u should know when to sell, when to buy...timing is important

[coins101]

...releases wont help
..

Fundamentals are the difference between speculation and holding something of value.

[Wanderlust]

Till the announcement, alt coin markets are closed

China's bad.

Bitcoin and altcoin markets were not around at 2008 morgage crisis, they will taste it now

every spike at prices is a chance to sell coin...it is a falling blade now, releases wont help

ps: u should know when to sell, when to buy...timing is important

What ANN?

[-Lux-]

this is crazy shit china

[vtr99]

Till the announcement, alt coin markets are closed

China's bad.

Bitcoin and altcoin markets were not around at 2008 morgage crisis, they will taste it now

every spike at prices is a chance to sell coin...it is a falling blade now, releases wont help

ps: u should know when to sell, when to buy...timing is important

Your advice is exactly opposite of common sense, and previous experience. I would tend to follow Jeff Berwick's advice.

https://www.dollarvigilante.com/blog/2015/08/24/dow-collapses-1000-points-on-open-shemitah-shock-continues.html

Bitcoin should generally follow the price of gold and silver. Everything has been down lately, but that will change as the market route continues.

http://www.kitco.com/market/

“We were close enough in 2008 (if the bank bailout hadn't worked),” he said. “and what's coming is on 20 times that scale”.

http://www.independent.co.uk/news/uk/politics/stock-up-on-canned-food-for-stock-market-crash-warns-former-gordon-brown-advisor-10469509.html

[Wheatclove]

Till the announcement, alt coin markets are closed

China's bad.

Bitcoin and altcoin markets were not around at 2008 morgage crisis, they will taste it now

every spike at prices is a chance to sell coin...it is a falling blade now, releases wont help

ps: u should know when to sell, when to buy...timing is important

Your advice is exactly opposite of common sense, and previous experience. I would tend to follow Jeff Berwick's advice.

https://www.dollarvigilante.com/blog/2015/08/24/dow-collapses-1000-points-on-open-shemitah-shock-continues.html

Bitcoin should generally follow the price of gold and silver. Everything has been down lately, but that will change as the market route continues.

http://www.kitco.com/market/

“We were close enough in 2008 (if the bank bailout hadn't worked),” he said. “and what's coming is on 20 times that scale”.

http://www.independent.co.uk/news/uk/politics/stock-up-on-canned-food-for-stock-market-crash-warns-former-gordon-brown-advisor-10469509.html

We should see gold, silver, and bitcoin prices rising as fiat currencies fall.

This bitcoin dip is part of a market cycle combined with the bitcoin fork fud. Too much opportunity for traders to short Bitcoin right now so the bears are having a field day. I expect a reversal in September.

[vtr99]

Till the announcement, alt coin markets are closed

China's bad.

Bitcoin and altcoin markets were not around at 2008 morgage crisis, they will taste it now

every spike at prices is a chance to sell coin...it is a falling blade now, releases wont help

ps: u should know when to sell, when to buy...timing is important

Your advice is exactly opposite of common sense, and previous experience. I would tend to follow Jeff Berwick's advice.

https://www.dollarvigilante.com/blog/2015/08/24/dow-collapses-1000-points-on-open-shemitah-shock-continues.html

Bitcoin should generally follow the price of gold and silver. Everything has been down lately, but that will change as the market route continues.

http://www.kitco.com/market/

“We were close enough in 2008 (if the bank bailout hadn't worked),” he said. “and what's coming is on 20 times that scale”.

http://www.independent.co.uk/news/uk/politics/stock-up-on-canned-food-for-stock-market-crash-warns-former-gordon-brown-advisor-10469509.html

We should see gold, silver, and bitcoin prices rising as fiat currencies fall.

This bitcoin dip is part of a market cycle combined with the bitcoin fork fud. Too much opportunity for traders to short Bitcoin right now so the bears are having a field day. I expect a reversal in September.

And they have... I've lived through plenty of bear markets. It won't be long until panic sets in. Investors that have anything left will be looking for safety in gold, silver, and Bitcoin. The fork fud will be the last of their worries as the situation gets more desperate.

This looks like it will be much bigger than the 2008 crash, so the upside for gold will also be much bigger. Bitcoin and many alt-coins will benefit as the market implosion becomes more serious. Right now most of the lemmings are in denial and still believe this is a short term correction.

http://www.advisorperspectives.com/dshort/updates/NYSE-Margin-Debt-and-the-SPX.php

The other thing to consider is they can't lower interest rates any further, so the only option will be to debase the currency further through money printing. It didn't work last time, or at least the effect was very short lived. This time it won't work at all. Not to mention China, and the EU is already doing so. This spells doom for the rest of the world when it comes to exporting anything. Sort of a Catch 22 for the USA and Europe.

http://www.reuters.com/article/2015/08/11/us-china-markets-yuan-trump-idUSKCN0QG1FE20150811

[Automatic Monkey]

BTC is holding on, bouncing back a bit. SDC is a little low, should be back at the 50K floor it held for so long within a day.

So how does the SDC block structure compare to this BTC event? Will we also eventually need to modify it, or was it designed in anticipation of large volume to begin with?

[Wheatclove]

BTC is holding on, bouncing back a bit. SDC is a little low, should be back at the 50K floor it held for so long within a day.

So how does the SDC block structure compare to this BTC event? Will we also eventually need to modify it, or was it designed in anticipation of large volume to begin with?

Block sizes are an easy change. PoS coins are slightly different than PoW coins when it comes to premature block size increases negatively affecting the miners ability to mine fairly (or in this case, stakers). The main concern would be in the total block chain size as ring signature transaction volume increases. Pretty sure it can be pruned. And the SPV litewallet also helps with the issue of storing the entire block chain (but cannot stake).

The BTC "event" wasn't about block size.

[coins101]

Darkmarkets in trouble

https://www.reddit.com/r/DarkNetMarkets/comments/3idjrj/agora_to_pause_operations/

[Hunyadi]

Any dev update? Waiting patiently of Shadowmarket news.

[rhinomonkey]

Any dev update? Waiting patiently of Shadowmarket news.

No dev update yet. Posts above have dictated that there should be one coming soon. Personally, I'm using this time to accumulate more cheap coins 

[LiteBit]

We should see gold, silver, and bitcoin prices rising as fiat currencies fall.

This bitcoin dip is part of a market cycle combined with the bitcoin fork fud. Too much opportunity for traders to short Bitcoin right now so the bears are having a field day. I expect a reversal in September.

Agreed. Silver prices are under $15 ?? Definitely time to buy more.

[Wheatclove]

We should see gold, silver, and bitcoin prices rising as fiat currencies fall.

This bitcoin dip is part of a market cycle combined with the bitcoin fork fud. Too much opportunity for traders to short Bitcoin right now so the bears are having a field day. I expect a reversal in September.

Agreed. Silver prices are under $15 ?? Definitely time to buy more.

A very good forex trader on twitter is calling $8 silver and $777 gold target buy zones.

[LiteBit]

We should see gold, silver, and bitcoin prices rising as fiat currencies fall.

This bitcoin dip is part of a market cycle combined with the bitcoin fork fud. Too much opportunity for traders to short Bitcoin right now so the bears are having a field day. I expect a reversal in September.

Agreed. Silver prices are under $15 ?? Definitely time to buy more.

A very good forex trader on twitter is calling $8 silver and $777 gold target buy zones.

Very interesting. Thanks for the tip. Maybe I'll start accumulating on the way down.

Last recession I bought (10) silver 10.oz around $12/ea and sold for over $30. Easy money in recession.
I believe Gold fell to 800 or so around the same time. 2008-2009

7 year cycle is upon us. The toilet paper fiat printing business is a fools game.