Author

Topic: Gold collapsing. Bitcoin UP. - page 665. (Read 2032265 times)

legendary
Activity: 1764
Merit: 1002
November 21, 2014, 08:44:41 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.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
November 21, 2014, 08:40:36 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?
legendary
Activity: 1764
Merit: 1002
November 21, 2014, 08:38:02 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?
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
November 21, 2014, 08:35:37 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 do you propose that stocks be issued or bought in your schizo-utopia?

legendary
Activity: 2002
Merit: 1040
November 21, 2014, 08:25:18 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.

XCP would seem like the solution here.
legendary
Activity: 1764
Merit: 1002
November 21, 2014, 08:23:53 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.
legendary
Activity: 1764
Merit: 1002
November 21, 2014, 08:21:10 PM
if $350 holds, bears need to look the hell out:

legendary
Activity: 2002
Merit: 1040
November 21, 2014, 08:20:29 PM

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!!!

"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
newbie
Activity: 5
Merit: 0
November 21, 2014, 08:20:23 PM
but it is not a significant change to invest on gold. Huh
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
November 21, 2014, 08:16:55 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.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
November 21, 2014, 08:01:53 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.
legendary
Activity: 1764
Merit: 1002
November 21, 2014, 07:51:23 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!!!
legendary
Activity: 961
Merit: 1000
November 21, 2014, 07:42:52 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....
legendary
Activity: 1764
Merit: 1002
November 21, 2014, 07:26:26 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.
full member
Activity: 182
Merit: 123
"PLEASE SCULPT YOUR SHIT BEFORE THROWING. Thank U"
November 21, 2014, 06:24:28 PM
the question is how much vlad is ready to buy, if it's a few bars I don't think it can move the price really much... and as he is already staked, and he mined I don't see how he could affect the price really much. Anyway it's the absolute reliquary of phirao time... I wouldn't stake in the same "currency" as phirao... I don't say it can't work a few gen, but long term it's doomed.
legendary
Activity: 1764
Merit: 1002
November 21, 2014, 06:19:20 PM
legendary
Activity: 1260
Merit: 1002
November 21, 2014, 05:50:22 PM
I've been looking everywhere for this and someone finally found it for me. Thanks!

That was a brutal demonstration of heavy handedness displayed by those guys, gmax and lukejr. Fortunately, they were proven wrong in the end. The bitcoin.org press center  they were promoting got shot down, Ver got added to Andreas' new site,  and Matonis went on to serve 2y as TBF head. Justice got served.

https://github.com/bitcoin/bitcoin.org/pull/162#issuecomment-17151432

oh wow. statists.
(did i see someone mentionned MP as press voice too?  Shocked Cheesy )

most of you are familiar with Jim Rickards' book, Currency Wars:

https://i.imgur.com/F23bcMQ.jpg

i submit that Bitcoin wants to position itself squarely in the middle of that War.  if it is allowed to continue with its Sound Money function, Bitcoin will win that War and send us to the Moon.

i would rather have bitcoin aside from this war.  not being used to the advantage of any camp. just chilling while fiat world consumes itself.
legendary
Activity: 1764
Merit: 1002
November 21, 2014, 05:48:31 PM
most of you are familiar with Jim Rickards' book, Currency Wars:



i submit that Bitcoin wants to position itself squarely in the middle of that War.  if it is allowed to continue with its Sound Money function, Bitcoin will win that War and send us to the Moon.
legendary
Activity: 1764
Merit: 1002
November 21, 2014, 04:00:27 PM
I've been looking everywhere for this and someone finally found it for me. Thanks!

That was a brutal demonstration of heavy handedness displayed by those guys, gmax and lukejr. Fortunately, they were proven wrong in the end. The bitcoin.org press center  they were promoting got shot down, Ver got added to Andreas' new site,  and Matonis went on to serve 2y as TBF head. Justice got served.

https://github.com/bitcoin/bitcoin.org/pull/162#issuecomment-17151432

lol, they were not
only you have been proven wrong endless times

Edit:
 - greedy clown
 - stupid idiot getting mad
 - dick


What's with you guys? What the hell proof have any of us presented? It's all opinion as even I can admit based on vaporware. Do you not have enough academic rigor or integrity to admit that?

What will settle this in the end is the validity of the arguments presented on balance. Not trolling, as is your latest strategy. You're digging yourself a hole.
legendary
Activity: 1414
Merit: 1000
November 21, 2014, 03:56:39 PM
I've been looking everywhere for this and someone finally found it for me. Thanks!

That was a brutal demonstration of heavy handedness displayed by those guys, gmax and lukejr. Fortunately, they were proven wrong in the end. The bitcoin.org press center  they were promoting got shot down, Ver got added to Andreas' new site,  and Matonis went on to serve 2y as TBF head. Justice got served.

https://github.com/bitcoin/bitcoin.org/pull/162#issuecomment-17151432

lol, they were not
only you have been proven wrong endless times

Edit:
 - greedy clown
 - stupid idiot getting mad
 - dick


Odalv, you been drinking again?

I like to troll you. You are my favorite clown :-)

Actually, I'd start drinking too if I realized the SC scam I was pushing so hard for was going up in smoke:

http://www.reddit.com/message/inbox/

Huh
do you really think that you are the center of universe ?
 - If you do not like SC do not use them.
 - no one cares what you will do. (if you do not want to understand then it is only your problem ... "I can help you, but I do need to push it so hard" :-) silly  )
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