Topic: Gold collapsing. Bitcoin UP. - page 422. (Read 2032286 times)
$DJT *already* threatening to plunge below it's secondary low pt. that would be bad and confirmation of the non-confirmation we already have in place. look the hell out:
oops, Dow's given it up again. but it's still early...
We discussed this gambit years ago. It's hilarious to see it play out exactly as predicted. The oligarchs rabble rabble.
If anything, it will be a tacit admission of Satoshi's brilliance minus the currency unit. Without the unit there is no incentive for miner or user participation.
In fact, I'd like to see them secure it with SHA256. Just for the lulz of seeing them get 51% attacked.
We need to show the world how important this is... Via decimate any network that attempts centralization.
There should be a mining pool who's soul purpose is to decimate coins it mines.
It begins
Exclusive: IBM looking at adopting bitcoin technology for major currencies
http://www.reuters.com/article/2015/03/12/us-bitcoin-ibm-idUSKBN0M82KB20150312
Exclusive: IBM looking at adopting bitcoin technology for major currencies
http://www.reuters.com/article/2015/03/12/us-bitcoin-ibm-idUSKBN0M82KB20150312
they're making a number of faulty assumptions.
I think we've been calling this "govcoin" on these forums since at least 2012.
They'll release open ledger SHA-256 implementation without block subsidy (money printed by a centralized source -- a special txn signed by a well known private key). Nobody will mine it so the government will pay banks to do so and these banks will lease IBM "cloud" based hardware to mine for massive profits to IBM. As part of the mining contract, banks will allow their mines to blacklist addresses and in an emergency be redirected to a shorter chain so txns can be unwound. Currency may be 51%ed by hackers for the lulz but this is exactly what some planners are actually hoping for because it will require the network to be "temporarily" limited to trusted banking partners and require massive additional spending to build out the "good" miners so that they out hash the "bad". If it doesn't catch on, 10s or 100s of millions will have already been spent (of taxpayer money), people will be distracted from Bitcoin, and CC providers will use its failure to justify the continuation of their own insecure and data-collection-intensive methodologies.
Its a win win situation -- the perfect way to continue the current system while co-opting blockchain technology and buzz.
Anyone else getting excited about the latest drop? Might be able to reach my original target if the down trend continues.
Which is?
For what is worth I've read in more than one TA EW threads, here and on tradingview, about a quite deep drop forecasts, even in the 2 digits zone.
Both bitcoin and precious metals are hurting right now. But I still put more faith in the long term sustainability of metals. Just my personal opinion. I've pretty much gotten out of both, though...but may regain positions if the prices keep falling.
It begins
Exclusive: IBM looking at adopting bitcoin technology for major currencies
http://www.reuters.com/article/2015/03/12/us-bitcoin-ibm-idUSKBN0M82KB20150312
Exclusive: IBM looking at adopting bitcoin technology for major currencies
http://www.reuters.com/article/2015/03/12/us-bitcoin-ibm-idUSKBN0M82KB20150312
they're making a number of faulty assumptions.
Of course they are, this is the start of the real attack against bitcoin, they are not going to be honest about a thing either publicly or even to themselves for that matter.
This would be huge for bitcoin if it actually took place. Nothing like breaking down the conceptual barriers for people so they can more easily understand just how their fiat stacks up against a finite currency on a similar platform. Basically they are cementing Bitcoin's role as gold 2.0
It begins
Exclusive: IBM looking at adopting bitcoin technology for major currencies
http://www.reuters.com/article/2015/03/12/us-bitcoin-ibm-idUSKBN0M82KB20150312
Exclusive: IBM looking at adopting bitcoin technology for major currencies
http://www.reuters.com/article/2015/03/12/us-bitcoin-ibm-idUSKBN0M82KB20150312
they're making a number of faulty assumptions.
Of course they are, this is the start of the real attack against bitcoin, they are not going to be honest about a thing either publicly or even to themselves for that matter.
We discussed this gambit years ago. It's hilarious to see it play out exactly as predicted. The oligarchs rabble rabble.
If anything, it will be a tacit admission of Satoshi's brilliance minus the currency unit. Without the unit there is no incentive for miner or user participation.
In fact, I'd like to see them secure it with SHA256. Just for the lulz of seeing them get 51% attacked.
Surely somebody in that camp can understand this.
No, they are all in love with centralized command and control systems, it's like a shiny object to them.
To be fair though I guess they could say the same about me and that BTC is my shinny object. Anyone else getting excited about the latest drop? Might be able to reach my original target if the down trend continues.
We discussed this gambit years ago. It's hilarious to see it play out exactly as predicted. The oligarchs rabble rabble.
If anything, it will be a tacit admission of Satoshi's brilliance minus the currency unit. Without the unit there is no incentive for miner or user participation.
In fact, I'd like to see them secure it with SHA256. Just for the lulz of seeing them get 51% attacked.
Surely somebody in that camp can understand this.
We discussed this gambit years ago. It's hilarious to see it play out exactly as predicted. The oligarchs rabble rabble.
If anything, it will be a tacit admission of Satoshi's brilliance minus the currency unit. Without the unit there is no incentive for miner or user participation.
In fact, I'd like to see them secure it with SHA256. Just for the lulz of seeing them get 51% attacked.
It begins
Exclusive: IBM looking at adopting bitcoin technology for major currencies
http://www.reuters.com/article/2015/03/12/us-bitcoin-ibm-idUSKBN0M82KB20150312
Bitshares already does this Exclusive: IBM looking at adopting bitcoin technology for major currencies
http://www.reuters.com/article/2015/03/12/us-bitcoin-ibm-idUSKBN0M82KB20150312
We discussed this gambit years ago. It's hilarious to see it play out exactly as predicted. The oligarchs rabble rabble.
If anything, it will be a tacit admission of Satoshi's brilliance minus the currency unit. Without the unit there is no incentive for miner or user participation.
In fact, I'd like to see them secure it with SHA256. Just for the lulz of seeing them get 51% attacked.
We discussed this gambit years ago. It's hilarious to see it play out exactly as predicted. The oligarchs rabble rabble.
It begins
Exclusive: IBM looking at adopting bitcoin technology for major currencies
http://www.reuters.com/article/2015/03/12/us-bitcoin-ibm-idUSKBN0M82KB20150312
Exclusive: IBM looking at adopting bitcoin technology for major currencies
http://www.reuters.com/article/2015/03/12/us-bitcoin-ibm-idUSKBN0M82KB20150312
they're making a number of faulty assumptions.
the idiots will buy IBM's blockchain, not Bitcoin's.
It begins
Exclusive: IBM looking at adopting bitcoin technology for major currencies
http://www.reuters.com/article/2015/03/12/us-bitcoin-ibm-idUSKBN0M82KB20150312
Exclusive: IBM looking at adopting bitcoin technology for major currencies
http://www.reuters.com/article/2015/03/12/us-bitcoin-ibm-idUSKBN0M82KB20150312
they're making a number of faulty assumptions.
It begins
Exclusive: IBM looking at adopting bitcoin technology for major currencies
http://www.reuters.com/article/2015/03/12/us-bitcoin-ibm-idUSKBN0M82KB20150312
Exclusive: IBM looking at adopting bitcoin technology for major currencies
http://www.reuters.com/article/2015/03/12/us-bitcoin-ibm-idUSKBN0M82KB20150312
they're making a number of faulty assumptions.
It begins
Exclusive: IBM looking at adopting bitcoin technology for major currencies
http://www.reuters.com/article/2015/03/12/us-bitcoin-ibm-idUSKBN0M82KB20150312
Exclusive: IBM looking at adopting bitcoin technology for major currencies
http://www.reuters.com/article/2015/03/12/us-bitcoin-ibm-idUSKBN0M82KB20150312
Awesome PR article, but most already have the sense it`ll go to double digits.
This is based on the recent huge lump sell, it could be a possible price manipulation between 2 parties tied to overall 1 goal, but still its big dent. I`m seeing around theres more people wanting selling then holding the coin.
Regardless of which I`m holding mine, since stories like that make me see endless possibilities.
It begins
Exclusive: IBM looking at adopting bitcoin technology for major currencies
http://www.reuters.com/article/2015/03/12/us-bitcoin-ibm-idUSKBN0M82KB20150312
Exclusive: IBM looking at adopting bitcoin technology for major currencies
http://www.reuters.com/article/2015/03/12/us-bitcoin-ibm-idUSKBN0M82KB20150312
we do have a confirmed Dow Theory non confirmation in play. just b/c the $DJT has bounced back up above the secondary low pt doesn't mean it has been invalidated. i'm looking for a continued reversal downwards after today that takes it down to new short term lows. if so, that's trouble for the economy.
here's the largest mine in the world:
nat gas:
food index:
SLW breaking down again:
PAAS never did get outta bed:
here's the largest mine in the world:
nat gas:
food index:
SLW breaking down again:
PAAS never did get outta bed:
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