Guys, governments are structurally inefficient. Do you really think a bunch of bureaucrats could understand the potential of bitcoin back in 2011?
If governments were so smart and visionary, administered economy would work.
Topic: Gold collapsing. Bitcoin UP. - page 415. (Read 2032286 times)
Grexit seems almost inevitable these days.
http://www.theguardian.com/business/2015/apr/16/greece-moves-step-closer-to-grexit-after-imf-snub
After that all eyes will be on Spain and Podemos.
From a bitcoin perspective it seems self serving to cheer for currency crisis, but to my mind it appears to be the lesser of two evils. The Third option that nobody is talking about is a federal European union. I just can't see any member state willing to give up autonomy for "the
Good article demonstrating the ongoing fiat monetary problems that will never go away while continuing to fester beneath the surface. My favorite quotes:
" The IMF is a rules-based institution, Lagarde said. While all options were available, she added: “It’s clearly not a course of action that could be recommended in the current situation.”
Until they're not.
" Athens is waiting for the final €7.2bn payment under the second rescue package, but it has been held up after the new radical leftwing-led government scrapped previous commitments to privatise state assets and cut welfare."
Amazing display of parasitic behavior. Otoh, can I haz Santorini pleez?
no, my bet is on gvt agents who were trying to destroy Bitcoin. this board was covered with obvious trolls even back then and mtgox had just captured the public's attention for the first time with the run to 32. since then, we have found out an astounding number of facts about NSA's unabashed unconstitutional actions to invade privacy and perform sabotage such as Stuxnet, Gemalto, Prism, Merkel's cellphone, etc, etc. The SR agents were methodical, ruthless, and matter of fact about stealing SR coins with impunity. doesn't seem to far a stretch that gvt agents would steal from mtgox while taking it down at the same time. it would explain the radio silence on the whole issue as well as an attempt to bury the truth forever.
If true this would be the biggest endorsement of bitcoin I could imagine. It would mean that despite the government's best efforts and resources, they could not identify any mechanism to attack bitcoin even in it's early days, and so had to resort to attacking 3rd party intermediaries and not bitcoin itself. This implies that the bitcoin distributed computer is already hardened against large scale attacks. Of course it also means that governments are already seeking methods to attack bitcoin, and if they can not stop the DAC, regulation becomes the next obvious choice.
Grexit seems almost inevitable these days.
http://www.theguardian.com/business/2015/apr/16/greece-moves-step-closer-to-grexit-after-imf-snub
After that all eyes will be on Spain and Podemos.
From a bitcoin perspective it seems self serving to cheer for currency crisis, but to my mind it appears to be the lesser of two evils. The Third option that nobody is talking about is a federal European union. I just can't see any member state willing to give up autonomy for "the
no, my bet is on gvt agents who were trying to destroy Bitcoin. this board was covered with obvious trolls even back then and mtgox had just captured the public's attention for the first time with the run to 32. since then, we have found out an astounding number of facts about NSA's unabashed unconstitutional actions to invade privacy and perform sabotage such as Stuxnet, Gemalto, Prism, Merkel's cellphone, etc, etc. The SR agents were methodical, ruthless, and matter of fact about stealing SR coins with impunity. doesn't seem to far a stretch that gvt agents would steal from mtgox while taking it down at the same time. it would explain the radio silence on the whole issue as well as an attempt to bury the truth forever.
Would explain the persistent narrative about how the failure of Mt Gox still impacts the credibility of Bitcoin.It's just part of the psyop.
Some variation of Peter R's theory still lookin' good:
...
I'm very curious if the Gox investigations are going to reveal that their insolvency has something to do with the 2011 hack. I think one possibility that people are overlooking is that perhaps the attacker snagged a whole bunch of code off Gox's servers, and then analyzed it later and found exploitable bugs that allowed the attacker(s) to subsequently bleed Gox over time.
I'm very curious if the Gox investigations are going to reveal that their insolvency has something to do with the 2011 hack. I think one possibility that people are overlooking is that perhaps the attacker snagged a whole bunch of code off Gox's servers, and then analyzed it later and found exploitable bugs that allowed the attacker(s) to subsequently bleed Gox over time.
Peter's is a good theory. in fact, i take it one step further. i think it was probably gvt agents who took it down from 17.5 to 0.002 at the time.
what a crazy way to accumulate coins, if it was indeed just a hacker. if he had really stole source code, he would have just bled 100 coin lots over the next 3 yrs as was apparently done according to WizSec. no drama. i remember quite vividly watching the attack take place real time on what was then used, Sierra Charts. it was a straight down spiral of the price with no intervening buys, just selling. it reminded me of watching the Bear Stearns chart plummet in real time back in 2008. it's indescribable seeing such a thing happen right before your very eyes. it was so public and so obvious that the guy Kevin got identified immediately for having bought 259684 BTC for under $3000:
06/19/11 17:51 Bought BTC 259684.77 for 0.0101
https://bitcointalksearch.org/topic/im-kevin-heres-my-side-20207
no, my bet is on gvt agents who were trying to destroy Bitcoin. this board was covered with obvious trolls even back then and mtgox had just captured the public's attention for the first time with the run to 32. since then, we have found out an astounding number of facts about NSA's unabashed unconstitutional actions to invade privacy and perform sabotage such as Stuxnet, Gemalto, Prism, Merkel's cellphone, etc, etc. The SR agents were methodical, ruthless, and matter of fact about stealing SR coins with impunity. doesn't seem to far a stretch that gvt agents would steal from mtgox while taking it down at the same time. it would explain the radio silence on the whole issue as well as an attempt to bury the truth forever.
Nice theory, I like it. Bitcoin responded with distributing trade over hundreds of bourses.
Some variation of Peter R's theory still lookin' good:
...
I'm very curious if the Gox investigations are going to reveal that their insolvency has something to do with the 2011 hack. I think one possibility that people are overlooking is that perhaps the attacker snagged a whole bunch of code off Gox's servers, and then analyzed it later and found exploitable bugs that allowed the attacker(s) to subsequently bleed Gox over time.
I'm very curious if the Gox investigations are going to reveal that their insolvency has something to do with the 2011 hack. I think one possibility that people are overlooking is that perhaps the attacker snagged a whole bunch of code off Gox's servers, and then analyzed it later and found exploitable bugs that allowed the attacker(s) to subsequently bleed Gox over time.
Peter's is a good theory. in fact, i take it one step further. i think it was probably gvt agents who took it down from 17.5 to 0.002 at the time.
what a crazy way to accumulate coins, if it was indeed just a hacker. if he had really stole source code, he would have just bled 100 coin lots over the next 3 yrs as was apparently done according to WizSec. no drama. i remember quite vividly watching the attack take place real time on what was then used, Sierra Charts. it was a straight down spiral of the price with no intervening buys, just selling. it reminded me of watching the Bear Stearns chart plummet in real time back in 2008. it's indescribable seeing such a thing happen right before your very eyes. it was so public and so obvious that the guy Kevin got identified immediately for having bought 259684 BTC for under $3000:
06/19/11 17:51 Bought BTC 259684.77 for 0.0101
https://bitcointalksearch.org/topic/im-kevin-heres-my-side-20207
no, my bet is on gvt agents who were trying to destroy Bitcoin. this board was covered with obvious trolls even back then and mtgox had just captured the public's attention for the first time with the run to 32. since then, we have found out an astounding number of facts about NSA's unabashed unconstitutional actions to invade privacy and perform sabotage such as Stuxnet, Gemalto, Prism, Merkel's cellphone, etc, etc. The SR agents were methodical, ruthless, and matter of fact about stealing SR coins acting with impunity. doesn't seem to far a stretch that gvt agents would steal from mtgox while taking it down at the same time. it would explain the radio silence on the whole issue as well as an attempt to bury the truth forever.
And yet they still haven't learned to stop using Gox type exchanges.
Some variation of Peter R's theory still lookin' good:
...
I'm very curious if the Gox investigations are going to reveal that their insolvency has something to do with the 2011 hack. I think one possibility that people are overlooking is that perhaps the attacker snagged a whole bunch of code off Gox's servers, and then analyzed it later and found exploitable bugs that allowed the attacker(s) to subsequently bleed Gox over time.
I'm very curious if the Gox investigations are going to reveal that their insolvency has something to do with the 2011 hack. I think one possibility that people are overlooking is that perhaps the attacker snagged a whole bunch of code off Gox's servers, and then analyzed it later and found exploitable bugs that allowed the attacker(s) to subsequently bleed Gox over time.
Somebody's gonna have a problem:
Ltc still didnt hit target it will be dragged down till it doesNah
Somebody's gonna have a problem:
Ltc still didnt hit target it will be dragged down till it doesNah
Scandalous. Not surprising, but still, this is the kind of thing people should go to jail for, or at least get fired...
however, I expect no one involved in this scandal will even receive so much as a suspension.
Modern justice at its best.
< tinfoil hat time - this is probably intentionally leaked to provoke the elimination of the death penalty so that penitentiary for-profit institutions can collect more tax dollars and profits instead of killing their meal tickets.. /tinfoil>
...or... building on that: to apologize more direct killings from the police (criminals are never punished, so we need to put them down..) The situation we have in Brazil
Just people with power always needing to be right to justify their existence.
Scandalous. Not surprising, but still, this is the kind of thing people should go to jail for, or at least get fired...
however, I expect no one involved in this scandal will even receive so much as a suspension.
Modern justice at its best.
< tinfoil hat time - this is probably intentionally leaked to provoke the elimination of the death penalty so that penitentiary for-profit institutions can collect more tax dollars and profits instead of killing their meal tickets.. /tinfoil>
...or... building on that: to apologize more direct killings from the police (criminals are never punished, so we need to put them down..) The situation we have in Brazil
Scandalous. Not surprising, but still, this is the kind of thing people should go to jail for, or at least get fired...
however, I expect no one involved in this scandal will even receive so much as a suspension.
Modern justice at its best.
< tinfoil hat time - this is probably intentionally leaked to provoke the elimination of the death penalty so that penitentiary for-profit institutions can collect more tax dollars and profits instead of killing their meal tickets.. /tinfoil>
Somebody's gonna have a problem:
Is that Coinbase?The same entity put a similar amount on the ask side, so...
Russia is still buying 
Somebody's gonna have a problem:
Ltc still didnt hit target it will be dragged down till it does
Somebody's gonna have a problem:
The Science Is Settled!!!
Is Economics a science now?
The results just seem to be for sale to the highest bidders.
The international war on cash is accelerating.
What's next?...fine art, rare goods, will only exist in registries with a bank?
Well, I think their goal is not just to make life miserable, but to actually end it. It is illogical (to me, I am open to ideas!) that the Matrix-type total slavery as just the provider of energy without free will, movement etc would be the final goal.
- They don't need it. Robotics can provide all the stuff that is needed, at max the "needed" amount of human servants could be a few times the population of the masters.
- If possible, to avoid retaliation, as much people as possible should be killed at once, once the killing begins. They can always be let multiply afterwards when control is easier.
- It has never happened in history that a country build concentration camps and they will not soon be filled with dissidents. (Or think of prisons if camp feels too bad.) Never. They have always been "correct" in estimating the "need"
This is a dire warning to the thinking people in the USA. According to historical evidence, you are targeted for extermination. Reversing the course of the tide is wishwork, battling against it may in some cases be heroic, but escaping it is not very stupid either.To not sound repetitive, I repeat:
The implicit goal in the actions that the money masters are doing, is total control and enslavement of mankind. It is already much further than most readers are able to understand.
If that wasn't enough, they also have the explicit goal of killing off at least 90% of all people. While they have had the goal for decades at least, the reality has gone to the opposite direction. It is quite plausible that since reaching the total control of mankind enables killing off 90%, and both are the goals, one would follow the other.
People are deficient in logic since they cannot comprehend this, drugged in the mind since they don't care about this, and hopelessly conditioned to lick their money masters' a$$ since they believe that this would not happen even though their masters say it will, and the people themselves are assisting it by staying in their jobs, in their tyrannical countries, not speaking out, not helping their neighbor when he is targeted, ...
The only thing required for evil to triumph is that the good men do nothing.
I am disappointed that the prosperity of the 1960s in the USA created a generation that has allowed all their liberties taken away from them in 50 years, and soon their life as well.
One of the saddest things i ever saw was Detroit after the auto industry debacle...they outsourced the jobs and killed the middle class with one click of the mouse imho!The fed used to lower rates if unemployed rose which fired up the mfg creating more jobs and lowering employment again...yada yada yada! Now the fed lost a trick out of the bag because of corporate greed!!! But hey what do I know? Chef thinks I'm a creeper as my daughter jax would say!
Peace and love....and remember peace excels all thought! Night!
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