Author

Topic: Gold collapsing. Bitcoin UP. - page 664. (Read 2032265 times)

legendary
Activity: 1764
Merit: 1002
November 22, 2014, 11:28:31 AM
like i said, just allow Bitcoin to function as Sound Money and we will win!  do not separate the unit from its BC!  think nom, nom, nom...

Bitcoin-transactions will most likely be VAT-exempt in The Netherlands (Dutch Source)

http://www.reddit.com/r/Bitcoin/comments/2n2unb/bitcointransactions_will_most_likely_be_vatexempt/
legendary
Activity: 2002
Merit: 1040
legendary
Activity: 1162
Merit: 1004
November 22, 2014, 06:02:53 AM

If you've ever thought Bitcoin was in a bubble, you should look at the population explosion, we're at a point were there are more people alive than have ever died in the history of humanity. ...

Panic!  The sky is falling!  Run for the hills!  (But don't forget to give the 'sustainability' scammers everything they ask for so they might save us from the impending crisis.)

http://overpopulationisamyth.com/


The greatest anthropocentric and religious bullshit ever. That is as if the gorilla (or the lion) would explain to the other species, that it doesnt matter if they populate the planet by a million or 10 billion individuals (with an equivalent of 50 energy slaves on top of each one = 500 billion).

http://voices.nationalgeographic.com/2012/03/28/the-sixth-great-extinction-a-silent-extermination/
legendary
Activity: 1162
Merit: 1004
November 22, 2014, 05:42:10 AM

If you've ever thought Bitcoin was in a bubble, you should look at the population explosion, we're at a point were there are more people alive than have ever died in the history of humanity. ...

Panic!  The sky is falling!  Run for the hills!  (But don't forget to give the 'sustainability' scammers everything they ask for so they might save us from the impending crisis.)

http://overpopulationisamyth.com/

The root to sustainability is hard money, (and redefining personal property) centrally controlled sustainability is as sustainable as the FED. But the science is good we know the problem environments just haven't figured out who's responsible, hint it's not the EPA, or how to control it. (Yip over population is a central control idea)


The root to sustainability is the stateless community, which is anarchy, autarchy and selfsufficiency beyond an economy. An economy has never ever been something different than a "state bastard" (Paul C. Martin). State, money and debt (= organised violence) is the root of the collectivist rise-and-fall-society (communism, feudalism, capitalism, idiotism).

http://www.miprox.de/Wirtschaft_allgemein/Martin-Symp.pdf
full member
Activity: 182
Merit: 123
"PLEASE SCULPT YOUR SHIT BEFORE THROWING. Thank U"
November 22, 2014, 01:32:53 AM
The war is more between the different central banks, and less between the governments.
That people confuse these sadly shows how much Bitcoin is a product of its time.
A country is not its currency.

LoL, please stop, same textbooks, same education, same cocktail, same goals, same ideologies: Inflation is good, because it motivates to work more, otherwise you would be lazy and would think to enjoy life. Exactly what a german dude planed. we never left war economies.


"In order to mitigate the potential impact of Bitcoin, the meaning of Article IV, Section 5 could be expanded to include digital currencies. Rather than limiting its scope to currencies used by colonies or overseas territories, the IMF could use Article IV Section 5 to label Bitcoin—or other digital currencies like it—a “separate currency.”159 As such, the IMF could require member nations to pay part of their subscription quota with Bitcoins.160 This would require member nations to purchase Bitcoins independently. They would then contribute that amount to the IMF’s general fund as part of their quota, receiving an amount of their own currency or special drawing rights equal to the value of the Bitcoins paid in exchange.161 In short, expanding the meaning of Article IV, Section 5 would grant the IMF a means of indirectly accumulating Bitcoins through its members."- from the paper quoted above

 Grin

Again is it a joke? You have still faith in those institution like they like to be called? I think it's idiotic. They want SDR, because they can print them... and enjoy life with the inflation (money printing) they do for themselves, meanwhile you have to work for a diminishing return, so they can keep their perks.

  Abolishing the CBs has never been easy.  Few people alive today remember a time when free of such.
As a nation the US struggled against the establishment of government banks repeatedly.  For the last 100 years that struggle has failed.

Exactly as it's an intergrant part of the USMC, and as the USMC is still at war... I don't see a way forward but a big confrontation. Or the USMC wins (which isn't in it's interest, otherwise no more USMC) or the USMC do it's job perfectly, manage the grow of the enemy (is there really an enemy?, or it's just a propaganda war to get a population distraction - management?). Freing humanity from such people is worth it. What ever the cost. it's that or slavery at their mercy.

If you've ever thought Bitcoin was in a bubble, you should look at the population explosion, we're at a point were there are more people alive than have ever died in the history of humanity. We're going to have pain but the only path forward is with technology some technology's are so important we don't give them up, like the wheal and the plow, I think we'll add the internet to that list too.

yes of course I have to pay for those that can't control their legs and open them all the time without thinking on how they are gonna raise their children. better to beg. fsa.

legendary
Activity: 1372
Merit: 1000
November 22, 2014, 01:28:56 AM

If you've ever thought Bitcoin was in a bubble, you should look at the population explosion, we're at a point were there are more people alive than have ever died in the history of humanity. ...

Panic!  The sky is falling!  Run for the hills!  (But don't forget to give the 'sustainability' scammers everything they ask for so they might save us from the impending crisis.)

http://overpopulationisamyth.com/

The root to sustainability is hard money, (and redefining personal property) centrally controlled sustainability is as sustainable as the FED. But the science is good we know the problem environments just haven't figured out who's responsible, hint it's not the EPA, or how to control it. (Yip over population is a central control idea)

A little deflation and and money supply contraction will be uncomfortable, we'll figure out what are and aren't priorities very quickly, and all of a sudden paper cups and disposable phones seem like stupid use of resources. There are lots of solutions Bitcoin is my favorite.
legendary
Activity: 4760
Merit: 1283
November 22, 2014, 01:07:45 AM

If you've ever thought Bitcoin was in a bubble, you should look at the population explosion, we're at a point were there are more people alive than have ever died in the history of humanity. ...

Panic!  The sky is falling!  Run for the hills!  (But don't forget to give the 'sustainability' scammers everything they ask for so they might save us from the impending crisis.)

http://overpopulationisamyth.com/

legendary
Activity: 1372
Merit: 1000
November 22, 2014, 12:58:41 AM
Gas station analogous to the internet. Without the net we are back to horse buggy
days and back to good old fashion non exponential growth and innovation!! good and bad
If you've ever thought Bitcoin was in a bubble, you should look at the population explosion, we're at a point were there are more people alive than have ever died in the history of humanity. We're going to have pain but the only path forward is with technology some technology's are so important we don't give them up, like the wheal and the plow, I think we'll add the internet to that list too.
legendary
Activity: 2044
Merit: 1005
November 22, 2014, 12:31:15 AM
Gas station analogous to the internet. Without the net we are back to horse buggy
days and back to good old fashion non exponential growth and innovation!! good and bad
legendary
Activity: 4760
Merit: 1283
November 21, 2014, 11:47:24 PM
Did gold stop being "Sound Money" when promissary notes arised?

comparing gold to Bitcoin is like comparing a horse buggy to a Ferrari.

Give me the horse and buggy any day if no gas stations are open.

You probably anticipated me saying something like that after the years (literally) that we've been going at it.

legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
November 21, 2014, 10:25:54 PM
would you prefer that Bitcoin particpate in the coming Currency Wars or get bogged down in trading SC speculative assets directly within the protocol?  remember, you want all this fiat to have to "buy in" to BTC, the currency unit.

Bring On the Currency Wars

http://blogs.wsj.com/moneybeat/2014/11/21/bring-on-the-currency-wars/

Finding it hard to stimulate domestic demand through cheap credit in a world of rock bottom interest rates, the next best solution central bankers have settled on is to generate growth by boosting net exports. And the way to do that is to devalue their currencies.

Those Currency Wars are already underway. It's frightening to think of Bitcoin being "weaponised" as a tool in this regard. Imagine a govt acknowledged actively purchasing btc....

Bitcoin is not really weaponizable in that sense.  It is instead the disarming end of the conflict.
The war is more between the different central banks, and less between the governments.
That people confuse these sadly shows how much Bitcoin is a product of its time.
A country is not its currency.

hum poor me who thought that was precisely the case for the last couple milleniums.  or could it be the opposite? ^^
maybe we werent developped enough to grasp such novel concept but still you cant make such bold assertion seriously.

A country is not its currency.
The USA is on its 3rd central bank.  (Not including the civil war greenback or the confederate script.)  Abolishing the CBs has never been easy.  Few people alive today remember a time when free of such.
As a nation the US struggled against the establishment of government banks repeatedly.  For the last 100 years that struggle has failed.
sr. member
Activity: 280
Merit: 250
November 21, 2014, 09:44:56 PM
Did gold stop being "Sound Money" when promissary notes arised?

comparing gold to Bitcoin is like comparing a horse buggy to a Ferrari.

Lol, or like comparing real estate to a picture of real estate.
legendary
Activity: 1764
Merit: 1002
November 21, 2014, 09:21:29 PM
Did gold stop being "Sound Money" when promissary notes arised?

comparing gold to Bitcoin is like comparing a horse buggy to a Ferrari.

I don't know. I'm just playing the empathy card and placing myself in your clown shoes. Huh

Maybe then I can understand your SC breaks BTC "Sound Money" theory



hey molecular and sickpig.  brg444 and Odalv keep calling me names!!! waaaaaaaa:

legendary
Activity: 1764
Merit: 1002
November 21, 2014, 09:18:42 PM
would you prefer that Bitcoin particpate in the coming Currency Wars or get bogged down in trading SC speculative assets directly within the protocol?  remember, you want all this fiat to have to "buy in" to BTC, the currency unit:

Stocks denominated in and tradeable in BTC. Everybody wins.

You speak as if it can't accomodate both aspects. Stubbornly dishonest you are, cypher.

no, the SC stocks would have their own market exchange prices in USD which would detract from that fiat going straight into the BTC currency unit itself.  they're dilutional to the BTC price.

 Roll Eyes

How exactly then do you propose that stocks be issued or bought in your schizo-utopia?



how the hell do i know?  Blockstream can't or won't issue a business plan.  it's up to them to figure out how to provide the 10x return to their $21M investor money by selling SC's to all manner of buyers including gvts.  remember?

I was referring to your plan, genius.

When BTC wins and kills fiat currency. How do you trade stocks? Do they stop existing because they "dilute" BTC price?

if Bitcoin ascends to the throne of global reserve currency, stock sales may be denominated in BTC.

Sounds goods. Looks to me like sidechains could be the ideal crypto-platform for such BTC denominated stock market!

there is no way in hell Wall St would ever market their stocks on a SC before Bitcoin assumes the role of a real worldwide accepted digital currency traded on Forex.  the only way Bitcoin can do that is to remain focused on its sound money function solely, as it is now.

i've said for many years that all this development being wasted on platforms for stocks, bonds, insurance, contracts, altcoins etc is ludicrous and as a result, most investors in the cryptocurrency space will lose money.  it looks like another $21M might just go down the drain.

and that is how you tell we are NOT in a bubble.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
November 21, 2014, 09:09:53 PM
Did gold stop being "Sound Money" when promissary notes arised?

comparing gold to Bitcoin is like comparing a horse buggy to a Ferrari.

I don't know. I'm just playing the empathy card and placing myself in your clown shoes. Huh

Maybe then I can understand your SC breaks BTC "Sound Money" theory

legendary
Activity: 1260
Merit: 1002
November 21, 2014, 09:03:12 PM
would you prefer that Bitcoin particpate in the coming Currency Wars or get bogged down in trading SC speculative assets directly within the protocol?  remember, you want all this fiat to have to "buy in" to BTC, the currency unit.

Bring On the Currency Wars

http://blogs.wsj.com/moneybeat/2014/11/21/bring-on-the-currency-wars/

Finding it hard to stimulate domestic demand through cheap credit in a world of rock bottom interest rates, the next best solution central bankers have settled on is to generate growth by boosting net exports. And the way to do that is to devalue their currencies.

Those Currency Wars are already underway. It's frightening to think of Bitcoin being "weaponised" as a tool in this regard. Imagine a govt acknowledged actively purchasing btc....

Bitcoin is not really weaponizable in that sense.  It is instead the disarming end of the conflict.
The war is more between the different central banks, and less between the governments.
That people confuse these sadly shows how much Bitcoin is a product of its time.
A country is not its currency.

hum poor me who thought that was precisely the case for the last couple milleniums.  or could it be the opposite? ^^
maybe we werent developped enough to grasp such novel concept but still you cant make such bold assertion seriously.
legendary
Activity: 1764
Merit: 1002
November 21, 2014, 09:02:35 PM
Did gold stop being "Sound Money" when promissary notes arised?

comparing gold to Bitcoin is like comparing a horse buggy to a Ferrari.
legendary
Activity: 1512
Merit: 1005
November 21, 2014, 09:01:58 PM
would you prefer that Bitcoin particpate in the coming Currency Wars or get bogged down in trading SC speculative assets directly within the protocol?  remember, you want all this fiat to have to "buy in" to BTC, the currency unit.

Bring On the Currency Wars

http://blogs.wsj.com/moneybeat/2014/11/21/bring-on-the-currency-wars/

Finding it hard to stimulate domestic demand through cheap credit in a world of rock bottom interest rates, the next best solution central bankers have settled on is to generate growth by boosting net exports. And the way to do that is to devalue their currencies.

Those Currency Wars are already underway. It's frightening to think of Bitcoin being "weaponised" as a tool in this regard. Imagine a govt acknowledged actively purchasing btc....

what's so frightening?  this is how we go to The Moon:

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2248419

Preserve Bitcoins Sound Money Function!!!

"It highlights the inability of the Fund to intervene in the event of a speculative attack on a currency by Bitcoin users."

Fear has begun, gentlemen.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
November 21, 2014, 08:58:57 PM
Did gold stop being "Sound Money" when promissary notes arised?
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
November 21, 2014, 08:48:41 PM
would you prefer that Bitcoin particpate in the coming Currency Wars or get bogged down in trading SC speculative assets directly within the protocol?  remember, you want all this fiat to have to "buy in" to BTC, the currency unit:

Stocks denominated in and tradeable in BTC. Everybody wins.

You speak as if it can't accomodate both aspects. Stubbornly dishonest you are, cypher.

no, the SC stocks would have their own market exchange prices in USD which would detract from that fiat going straight into the BTC currency unit itself.  they're dilutional to the BTC price.

 Roll Eyes

How exactly then do you propose that stocks be issued or bought in your schizo-utopia?



how the hell do i know?  Blockstream can't or won't issue a business plan.  it's up to them to figure out how to provide the 10x return to their $21M investor money by selling SC's to all manner of buyers including gvts.  remember?

I was referring to your plan, genius.

When BTC wins and kills fiat currency. How do you trade stocks? Do they stop existing because they "dilute" BTC price?

if Bitcoin ascends to the throne of global reserve currency, stock sales may be denominated in BTC.

Sounds goods. Looks to me like sidechains could be the ideal crypto-platform for such BTC denominated stock market!
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