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Author Topic: the dirty secret behind bitcoin  (Read 3465 times)
chmod755
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June 01, 2012, 09:48:50 PM
 #21


It reminds me of the drunk bald guy with the yellow t-shirt of last year that was spamming the web with his shitty videos.

omg thanks for the reminder! almost forgotten him! where has he gone? can't seem to find any of his vids

YTKilledRawdog closed his YouTube channel last year
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MoonShadow
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June 01, 2012, 09:59:02 PM
 #22

The comments are telling.  I'd be willing to debate this guy, but I think I'm too old.  I have no idea how to upload a video.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
PolymorphicAssasin
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June 01, 2012, 11:34:30 PM
 #23

What the 2011 bounce highlights is a potentially strong technical level based on a trading perspective, not much more.

As for the video - there was nothing in it to suggest the poster had any fundamental understanding of the Bitcoin network, only it's behavior in relation to other traditional investments. The whole rehash of early adopter 'unfairness' sob story is immature and naive.

Regarding value, the argument of bitcoins not having any value is also a load of ignorant claptrap. There is no universal interpretation of value. A number like 7610598101114116121 has no more meaning than 自由 to anyone who doesn't have a reference point, and so might be claimed as 'valueless'. Yet with an appropriate understanding, both communicate information. Without context, their value is unknowable.

What is worthwhile is the suggestion that volume is as important as price, if not more so. The differences are more pronounced on a weekly scale, and it can be seen that large outflows of USD in the mtgoxUSD charts are often met with an even greater shift in bitcoin holdings. To me, that suggests there is an interest in accumulation of bitcoins, outweighing the preference for USD. This is especially evident from late 2011 to now, where relatively small shifts in exchange rates result in comparatively large transfers of bitcoin holdings.


This +100

Especially re: volume.

My forum name comes from ye old BBS days when 'handles' were all the rage.  And yes, Assasin is spelled incorrectly on purpose. Teenage boys do that stuff.
kwukduck
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June 01, 2012, 11:57:59 PM
 #24


It reminds me of the drunk bald guy with the yellow t-shirt of last year that was spamming the web with his shitty videos.

omg thanks for the reminder! almost forgotten him! where has he gone? can't seem to find any of his vids

YTKilledRawdog closed his YouTube channel last year

That sucks, i loved his bitcoin vids xD

[edit]
He's back(?)
http://www.youtube.com/user/SirRawdoglet

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miscreanity
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June 02, 2012, 12:44:36 AM
 #25

That sucks, i loved his bitcoin vids xD

[edit]
He's back(?)
http://www.youtube.com/user/SirRawdoglet

So he didn't die by choking on his own phlegm and embarrassment...
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June 02, 2012, 12:46:26 AM
 #26

I don't understand this.

you're not alone.

+1

MoonShadow
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June 02, 2012, 12:57:56 AM
 #27


It reminds me of the drunk bald guy with the yellow t-shirt of last year that was spamming the web with his shitty videos.

omg thanks for the reminder! almost forgotten him! where has he gone? can't seem to find any of his vids

YTKilledRawdog closed his YouTube channel last year

That sucks, i loved his bitcoin vids xD

[edit]
He's back(?)
http://www.youtube.com/user/SirRawdoglet


Wow.  I'm suprised this guy could figure out how to turn on that camera.

EDIT:  Someone with a Youtube account should ask this guy what happened to his videos concerning bitcoin, and if he is going to update same.  After all, he should take credit for calling the death of bitcoin, since it was all true.  His views on the Ron Paul movement is sickening.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
cbeast
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Let's talk governance, lipstick, and pigs.


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June 02, 2012, 01:28:56 AM
 #28

unsubscribe

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
MoonShadow
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June 02, 2012, 04:09:25 AM
 #29

unsubscribe

how's that working for you?

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
dree12
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June 02, 2012, 04:14:37 AM
 #30

unsubscribe
Delete every post you made in this thread. That should do the trick.
da2ce7
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June 02, 2012, 04:21:45 AM
 #31

this thread is really retarded.

One off NP-Hard.
cbeast
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Let's talk governance, lipstick, and pigs.


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June 02, 2012, 04:36:10 AM
 #32

unsubscribe
Delete every post you made in this thread. That should do the trick.
I suspect this thread will soon die from boredom.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
notme
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June 02, 2012, 05:07:07 AM
 #33

unsubscribe
Delete every post you made in this thread. That should do the trick.
I suspect this thread will soon die from boredom.
I'm bored.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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June 02, 2012, 07:38:50 AM
 #34

klaus
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June 02, 2012, 08:46:24 AM
 #35



only bull-shit here  Grin Cheesy

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