Topic: Gold collapsing. Bitcoin UP. - page 252. (Read 2032248 times)

Why are you so sure?

stop with the toxic bullshit marcus.  this has nothing to do with the Hippocratic Oath as much as you'd like to twist it to be.

what's more serious is are you accusing the reporter of being inaccurate?  on what basis?

bitcoin will get larger blocks, just not now, "not tonight dear" ... sidechains are inevitable because they are a logical evolution of the technology (if you study self-similar network properties arising from the emergent behaviours due to self-interested individual elements you will know this), with or without blockstream (i'm picking with at this point in time).

This was the reporter's quote. Your willingness to attribute words to mouths as and when it suits your agenda is particularly disturbing for a man sworn to the Hippocratic Oath.

in the end, Bitcoin with larger blocks is what will win.  sidechains will die and take Blockstream with it.

So they were lying?

I'm shocked.

Good job Blockstream Boys!

The World According To Frap.Doc:

-Gold is DOOOMED, because Bitcoin
-Monero is DOOMED, because Bitcoin
-Bitcoin is DOOOMED, because sidechains
-Bitcoin is DOOOMED, because 1MB


 
 

sounds like they're selling out to banks just as we warned:

"He cited banks in particular as one group of interested parties, which he noted are interested in the ability to issue and distribute assets on the blockchain, as well as provide infrastructure for what Back called “new kinds of markets”.

Shit this is too important to ignore. Actually I had been thinking this out over the past days.

Subsumption of all altcoin advantages into pegged Bitcoin side chains is a very powerful threat to avoiding NWO dominance.

At the end game, TPTB push all their zombies that use Coinbase, Circle, Paypal, Facebook, etc into a pegged side chain which is a centralized ledger with world bank control over the debasement rate. MP's defense plan is destroyed by the pegging.

Monero has no technological disruption scaling advantages over Bitcoin in terms of mining, thus subsumption into a pegged Bitcoin side chain is imminent. Whereas a coin with scalable mining AND protections against implemention of pegged side chains (if that is possible, on my todo list to research the Blockstream whitepaper federation proposal) would not be implemented as a pegged Bitcoin side chain without losing the protection. Thus such a coin would garnish support from all those who want to resist the NWO outcome. Or they buy the pegged side chain version, because unlike other pegged side chains which can't resist 50% attack, such a side chain could survive alongside the cabal NWO side chain. However they may not be inclined to invest in the pegged side chain version of such a coin design, because they lose the upside ROI of such a novel design. Thus I am fairly confident that I possess the killer design which resists this subsumption. Blockstream is attempting to destroy the economics of altcoin, but I have an ace up my sleeve.

That in a nutshell is how this battle is going to play out. You read it first here. Don't forget who told you first.

The wildcard is if GavinCoin proceeds and there is a war now against MP et al. That might open a (probably short-term) window for Monero.


Sorry but the zombie masses who will use Circle, Coinbase, Paypal, Facebook, 21 Inc devices, etc.. won't care when their coins are processed in a centralized pegged side chain (with large blocks).

well now we know why the Blockstream cabal has been stalling.  despite denying that scaling was to be a selling point.  sounds like they're selling it hard now:

"The project has been heralded as a potential solution to bitcoin's perceived scalability issues for its attempt to enable experimentation on bitcoin's code."

Dawn raid RPG incoming.

Sidechains ... coming up next!! exciting times!

http://www.coindesk.com/blockstream-open-source-code-sidechains/

Open source, "nothing up my sleeve", genuine article, don't settle for fake 'solutions' (xt) with hidden agendas.

We won't need tptb to continue the trainwreck from here, the SC buzz will send frappe.doc over the edge.
 
Looking forward to a 'Monero'-like ring signature sidechain and Lightning network sidechain as first working demonstrations for the force of the distributed sidechain solution of self-similar networks operating concomitantly at multiple scales transferring value effortlessly up and down the wealth cascade.

 [] i think you are wrong, we need to centralize development for the reasons provided by a few Core Developers so they can maintained a decentralized network, you are siding with the ignorant masses if you can't understand why we cant increase the block size now [/ ]

This deserves a reply from me.

Finally some overt honesty from the man. This explains everything. He has compromised for pragmatic reasons. Thus I can understand very well. This is what I said upthread. Doctors are invested in the system. They can't disrupt it.


Your fate is clearly tied to the politicized NWO outcome.


Astute. It is quite true that old money will resist change because it has a vested interest to do so, and even will resort to political leverage to make it so. And only technological disruption will force change.

In addition to potential technological disruption, there is also an internal war within Bitcoin now. If the antagonists don't compromise, Monero may be the beneficiary. Thus I assume they will compromise, except MP won't. MP must be short Bitcoin and long Monero. There is no other logical explanation, unless he is irrationally ideological (or a disinformation agent).

how many times has he promised this?  he'll be back.

I missed something. What is the 'revelation'? As far as I know 21 Inc and Summers have both been entirely up front about it (using it to promote in fact).

It shows that it has no impact on contractors who provide hashing to pools (the latter being the actual miners -- in most cases, there being exceptions such as the rare solo miner or p2pool participants).

Friendly reminder, just in case you forgot.

One more post to clarify some final issues of great importance...

Given the links I provided in the prior post (e.g. the Reese commission report) on the existence of a cabal and given Armstrong's unwillingness to post the revelation about Larry Summer's involvement with "21 Inc" given he had published every detail about Summer's involvement, and given Armstrong's insistence on a NWO monetary cooperation reset and him conditioning us for such on set dates, has anyone else entertained the possibility that Armstrong is a fraud set up by the DEEP STATE to condition us to accept the coming machinations of the TPTB as natural? (P.S. I am still evaluating the Farrell video which mentions UFOs, as this seems too fantastical to take seriously, but I am pondering an interpretation whereby TPTB created UFO mirages to scare their own members into believing they are reptilian. Keep in mind the strange pagan rituals of these elite groups, e.g. Skull & Bones, Bohemian Grove, etc)

Armstrong's unwillingness to publish the 21 Inc revelation could be simply explained as it would blow a huge hole in his assertion there is no global coordination amongst the elite towards a NWO. But why would he resist this interpretation? Why would he resist a mea culpa? Perhaps the non-conspiratorial reason could be that he feels so strongly that the only way the world can avoid a Dark Age is to implement his proposed solution and he may feel that if the readers think TPTB are preordained then they won't work for the political solutions Armstrong has proposed.

But if Armstrong's life vocation has been about not ignoring data, then the above explanation makes no sense. Thus I return to Armstrong being a fraud as perhaps the only explanation that makes sense, but then that doesn't compute entirely either, because he was in jail for so many years against his will. Perhaps the one explanation that makes sense is that Armstrong's model is real but he was hypnotized and mind programmed while in SuperMax prison and now is incapable of thinking for himself on this issue of TPTB. Or that the circumstantial evidence about TPTB is not sufficient for Armstrong to falsify their existence and his overriding desire for a political solution allows him to justify ignoring some data  

Interesting reading the following post from Ethereum's Vitalik. My design also attacks the same problem, but in a much more elegant and non-heuristic manner that is guaranteed to always avoid censorship.

https://blog.ethereum.org/2015/06/06/the-problem-of-censorship/

Also why are iCe and Cypher so adamant and unwilling to respond to my points completely and instead resort to ad hominen actions such as a political move of putting someone on ignore or posting cartoons about trolling? Is it because they are paid operatives of disinformation? Has Cypher been compromised to work for some group because of the case threat against him? I don't know the answers to these questions. My overriding conclusion is that politics and technical disruption are mutually exclusive. If we see the preponderance of former, then we know we don't have the latter.

On the issue of Cypher's case, the business agreement he entered into as described by the plaintiff's filing, appears to me to be an intentional scam based on the 10% of every unit sold by HashFast. The percentage is too high to be profitable on hardware and/or HashFast existed for no other reason than his forum promotion. Clearly that does not represent a real sufficiently diversified business plan and model. Also Cypher has denied to publish a link to his rebuttal of the facts of the case even I asked him for it. He may think this is his personal affairs, but he made it public by profiting in an alleged scammy way on his reputation here. This is another reason I said I would never put my reputation on any altcoin. I don't want to be dragged into culpability for a public exposition. Also Cypher has stated that he wants to verify the identity of each person in this thread who is on the opposite side of his case. This appears to be a preparation for revenge. I had deduced his motive before he wrote that, and that is why I decided he is disingenuous and I have no incentive to Skype with him. Furthermore I am now contemplating that he is a compromised by TPTB and may be working as a disinformation agent. Occam's Razor would argue that the least assumptions are that he is just a greedy guy (who doesn't have "mea culpa" in his vocabulary) that isn't that astute on computer science and tries to misapply medical research practices to a different vocation that is outside his expertise. And thus the only way for him to profit greatly on this new technological wave was to resort to scammy political actions.

P.S. rpietila the Farrell video discusses the technology for anti-gravity at 32 minute mark. He also posits at the 57 minute mark that the amount of gold in world may be understated by an order-of-magnitude. I have not formed an assessment of this video yet.

Edit: the bearer bond issue towards the end of the Farrell video potentially has enormous implications on crypto-currency!


You do realize don't you that you just destroyed your rationality. But rationality wasn't your objective was it. Politics is all we have here.


Because you are more interested in politics than technological disruption. Anyone who desires rationality will not ignore data. You do realize don't you that I have technological disruption and thus I don't need your politics. Check mate.


In case you forgot that a notice of intention is not a usury insurance against discovery. Where are your priorities?


Mining ROI is the problem that has to be eliminated if you want technological disruption. Abstractly, for as long as resource extraction power vacuum is concentrated at the center of the network, then it can never escape velocity on politics. If you can't understand the prior sentence, then just need to wait for your imminent education.


How can a scientist know what is data before he employs unexpected data to refine his theory. He can't. You may argue that you are omniscient and can pinpoint in real time relevant data, and I can argue you delusional on this particular point (not overall). Afaics, your most egregious errors in judgment have come from creating moderated threads to discourage dissent and encourage an aura of superiority, e.g. reinforcing your calls for "Bitcoin to the moon" and HODLing at $1000, $700, $600, $300, $200, ...


Revelation for his readership (which is perhaps 100,000 or more) who are not aware of that specific publicly available data. It is an anomaly because Armstrong has made vilifying Summers one of his main and most intense themes.


  Ultimately block size modulates transaction fees when debasement declines, with another halving due in 2016. You all seem to forget TPTB operate with long-range planning.

You may be only focused on the point that their miners will send hashes to a pool, thus don't have to process the transactions, but is not sufficient to make the conclusion of "no impact".


He is likely just bored while waiting for true disruption to arrive.


Politics is a least common denominator effect. Is that really surprising?

Intelligent people should feel trapped by the lack of technological disruption in Bitcoin. I presume they do (otherwise they are not that intelligent).


He (and most everyone here now) will be gone when technological disruption arrives. Enjoy it while it lasts. The pinprick approaches...

wow your view is really limited, Bitcoin did not even invented cryptocurrencies, Satoshi did remarkable things but he did not created the universe, Bitcoin is merely 7 years old, it cannot take on gold for another 1000 years at least, and I doubt Bitcoin will be around another decade, its very simple matter of human psychology you are skipping, 99% of the world "missed" Bitcoin, and they are not fond of banking the early adopters forever (aka 1% top of the pyramid) when theres better crypto around that serves their own self-interests better, I don't disagree that Monero claims of anonymity are not perfect (yet) but its building a foundation to do so and accomplish far and beyond Bitcoin, also the permanent disinflationary emission will grab attention of a lot of folks that simply don't agree with how Bitcoin economy should work, you simply cannot force the entire world in one beast system and you won't, just saying for saying's sake btw so people like you don't go unwarned.

thanks for giving all of us an idea into your sense of respect for other's privacy.

to clarify, he asked me, not you.  it was supposed to be my choice to give; you took that away from me.

i conclude you have a subconscious desire to inflict physical harm.  but that's ok, i can quite easily defend myself.
  
and please refrain from waxing philosophical around here anymore.  it's nauseating.