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Topic: Gold collapsing. Bitcoin UP. - page 319. (Read 2032265 times)

hero member
Activity: 665
Merit: 500
May 26, 2015, 11:12:16 AM

Larry Summers once again.  That means he's now an advisor to both Xapo and 21.




"This could mean we soon see many billions of people sending bitcoin everyday as easily as they currently send a text message.”

Summers is even more bullish than anyone here
legendary
Activity: 1400
Merit: 1013
May 26, 2015, 11:09:44 AM
Note that legalizing marijuana is also synonymous with agreeing that plants should be regulated by the State. Otherwise, why is it necessary to legalize use of a plant? You see the-powers-that-be are playing game with you, regulating you at the Federal level unconstitutionally then getting you to pass laws at the State level to admit their unconstitutional Federal laws are the law, thus enslaving yourselves by bringing plants under the prevue (jurisdiction) of law.

Simpleton thinking falls for the ploy that legalizing MJ is any form of increasing freedom. Rockefeller's foundations and NGOs were instrumental in funding everything from 1960s activism, to feminism, to environmentalism.
You can also say German reunification was not a form of increasing freedom because it was still synonymous with agreeing that Germans should be ruled by a State.

It did, however, represent a loss of agreement among the Soviet ruling class which reflected a reduction in their ability to work cohesively for a common goal.

When the various factions that make up a State can not rely on shared ideological alignment in order to work together, this introduces friction into their operations because now they need to divert resources to inter-faction bribes. It makes them less effective as rulers and also increases the burn rate.
legendary
Activity: 1764
Merit: 1002
May 26, 2015, 11:02:59 AM

Larry Summers once again.  That means he's now an advisor to both Xapo and 21.




whereas TPTB will scream "conspiracy!", i take it for what i think it is, a darn good bullish thing.  this is promoter of Gibson's Paradox, the tie btwn interest rates and the gold price.  he understands Sound Money.  for him to get behind Bitcoin means he understands the Sound Money aspects of Bitcoin.  that can only help.
legendary
Activity: 1764
Merit: 1002
May 26, 2015, 11:00:26 AM
Diving:

legendary
Activity: 1162
Merit: 1007
May 26, 2015, 10:59:08 AM

Larry Summers once again.  That means he's now an advisor to both Xapo and 21.


legendary
Activity: 817
Merit: 1000
May 26, 2015, 10:56:07 AM

Do we have a list of all the current big name defectors?
legendary
Activity: 1764
Merit: 1002
legendary
Activity: 1764
Merit: 1002
May 26, 2015, 09:36:55 AM
Almost! but, no cigar?:

legendary
Activity: 1764
Merit: 1002
May 26, 2015, 09:34:06 AM
food?  who need food?

actually, this is a good thing.  poor ppl need cheap deflationed food:

legendary
Activity: 1764
Merit: 1002
May 26, 2015, 09:31:44 AM
FCX, largest copper mine in the world.  crapping the bed:

legendary
Activity: 1764
Merit: 1002
May 26, 2015, 09:30:17 AM
RUT, lame retest of the highs.  re-rolling:

legendary
Activity: 1764
Merit: 1002
May 26, 2015, 09:28:20 AM
BHP, the largest mine in the world, about to go off the cliff.  note numerous stick saves similar to $DJT:

legendary
Activity: 1764
Merit: 1002
May 26, 2015, 09:22:23 AM
Oh Lordy, again:

legendary
Activity: 1764
Merit: 1002
May 26, 2015, 09:18:57 AM
Oh Lordy:

legendary
Activity: 1246
Merit: 1010
May 26, 2015, 08:19:37 AM
Any network engineers on here?  I have been thinking that Bitcoin could help solve the network neutrality problem: that is, the problem where telecom operators and customers would benefit from dynamically created differentiated service flows (for non network engineers that means you stream a movie from Netflix and get more bandwidth for the duration of the movie), but ONLY if the telecom operator cannot preferentially enable some service providers and not others.  Otherwise, the operator can and will harm innovation by preferring incumbent or in-house services.

The idea is to create a pseudo-anonymous market for differentiated service flows...

http://effluviaofascatteredmind.blogspot.com/2015/05/network-neutrality-and-bitcoin.html
legendary
Activity: 1260
Merit: 1002
May 26, 2015, 04:22:31 AM
@TPTB_need_war: man, this is it. nice insights.

but you reckon bitcoin is going nowhere but up, right? Since it is all planned.

edit: im actually struggling to post in this forum. or is it only this thread?! bad gateway. ^^
sr. member
Activity: 420
Merit: 262
May 26, 2015, 12:43:50 AM
Poignant blog posts from Armstrong (yet he continues to ignore the information about Larry Summer's "21 Inc"):

Kiss your Pension Fund Good-Bye:
http://armstrongeconomics.com/archives/30875

Gold – China – Here We Go Again:
http://armstrongeconomics.com/archives/30779

Jean-Claude Juncker is creating a Political EU Commission – Non-Politicians Get Out:
http://armstrongeconomics.com/archives/24215

Dutch TV Discusses Eliminating Cash:
http://armstrongeconomics.com/archives/30885

The Secret Meeting in London to End Cash:
http://armstrongeconomics.com/archives/30862

Cashless Transactions Exceed Cash Transactions in Britain:
http://armstrongeconomics.com/archives/30811
sr. member
Activity: 420
Merit: 262
May 25, 2015, 11:43:31 PM
In my estimation, recent state-level marijuana legalization events are of equivalent magnitude to the fall of the Berlin wall in terms of what it means about Washington DC's internal control over the US, and probably means the US empire is approximately at the same point it its life cycle as the Soviet empire was in 1989.

And then most of Russia's resources were handed out to a few oligarchs who are beholden to the cartel. And do you know who was over there organizing that?

Larry Summers.

The same former US Treasury and World Bank official (also was nominated to replace Bernanke) involved with 21 Inc, who first floated the idea of negative interest rates and eliminating cash.

Do some research folks.

Didn't know Summers was involved in that.

So it reads like due to the 2008 crisis, DC can't exercise control over the states as their political longevity / security has taken a large hit (struggling with revenue / solvency / unemployment concerns etc).

Weed brings in much needed revenue.

Economic conditions resulting from 2008 also gave rise to Bitcoin.

Bitcoin was created by the DEEP STATE as a strategic move to coop existing banking and currency systems in order to drive the move to digital currency and do to this power grab in a obfuscated manner that fools the geeks and turns them into gullible accomplices.

Are you not aware of the $3+ trillion black budget of the DEEP STATE?

Donald Rumsfeld (while he was Secretary of Defense under POTUS junior Bush) announced on the eve of 9/11 that such amount had gone missing from the DoD's budget. Conveniently the next day all the records of the investigation and the investigators were eliminated by the airborne attack on that one specific section of the Pentagon (with of course the alleged leaks of former Vice POTUS Cheney commanding the F-15s to stand down and allow the attack to proceed).

Catherine Austin Fitts (former Asst to the Secretary of HUD, Jack Kemp and former Wall Street insider) has written extensively about the Black Budget at her http://solari.com

Bill Moyers did a TV documentary on the DEEP STATE.

Armstrong has a letter from the SEC confirming that all the tape recordings he had of the bankster manipulations were destroyed at the World Trade Center towers on 9/11.

Etc.. The evidence weaves a story.

Control over the drug trade is not about funding as much as it is about corrupting other officials, governments, and societies. It is one element in a full spectrum matrix of power and control.

I can see they are trying to take this forum down again. Keep getting "Bad Gateway" which is what happened right before it went down a few days ago.


Edit: a very smart friend of mind relates to me that a Soros foundation was contributing money to the campaign to legalize marijuana in Colorado that was eventually successful. And notes that the-powers-that-be have objectives to simultaneously both restrict and promote drugs. They promote them because a population in a stupor is less resistant to erosion of freedoms and quite dependent in any collapse scenario. They restrict drugs because this gives them legal control over those individuals they've promoted to use and traffic drugs.

Note that legalizing marijuana is also synonymous with agreeing that plants should be regulated by the State. Otherwise, why is it necessary to legalize use of a plant? You see the-powers-that-be are playing game with you, regulating you at the Federal level unconstitutionally then getting you to pass laws at the State level to admit their unconstitutional Federal laws are the law, thus enslaving yourselves by bringing plants under the prevue (jurisdiction) of law.

Simpleton thinking falls for the ploy that legalizing MJ is any form of increasing freedom. Rockefeller's foundations and NGOs were instrumental in funding everything from 1960s activism, to feminism, to environmentalism.
legendary
Activity: 1764
Merit: 1002
May 25, 2015, 11:00:39 PM
should be pretty obvious to anyone paying attention we have a short term problem going on here.   thing is it's not just any 'ol problem, it's a Dow Theory non-confirmation that is beginning to drag down the $DJI.  given that we've had one of these at almost every mkt top in the last 100 yrs, it's worth paying attention to.  that's bad news but goes along with what' going on in the real economy:

HSBC fears world recession with no lifeboats left

http://www.telegraph.co.uk/finance/economics/11625098/HSBC-fears-world-recession-with-no-lifeboats-left.html

i have been warning of this for months as this has been telegraphed with the downturn in commodities (esp oil), mining companies, BDI, foreign stock mkts, junk, muni, and investment grade bonds, etc. over the last year.  this is also consistent with the principle of all mkts moving together as one as a secondary reaction to money printing, mainly by the Fed. it's all one big pump.  imo, given this weakness, there is no way they will raise rates as indicated in the above article.  and that means, to me, that fixed supply type assets such as Bitcoin should rise as either a result of further QE, or simply as a safe haven.



Where is the problem then bro when you are stating this

" and that means, to me, that fixed supply type assets such as Bitcoin should rise as either a result of further QE, or simply as a safe haven."

i don't view trouble in the traditional financial mkts as a problem; i actually think it will help Bitcoin.  a more widespread Cyprus, if you will.
legendary
Activity: 961
Merit: 1000
May 25, 2015, 09:48:36 PM
In my estimation, recent state-level marijuana legalization events are of equivalent magnitude to the fall of the Berlin wall in terms of what it means about Washington DC's internal control over the US, and probably means the US empire is approximately at the same point it its life cycle as the Soviet empire was in 1989.

And then most of Russia's resources were handed out to a few oligarchs who are beholden to the cartel. And do you know who was over there organizing that?

Larry Summers.

The same former US Treasury and World Bank official (also was nominated to replace Bernanke) involved with 21 Inc, who first floated the idea of negative interest rates and eliminating cash.

Do some research folks.

Didn't know Summers was involved in that.

So it reads like due to the 2008 crisis, DC can't exercise control over the states as their political longevity / security has taken a large hit (struggling with revenue / solvency / unemployment concerns etc).

Weed brings in much needed revenue.

Economic conditions resulting from 2008 also gave rise to Bitcoin.
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