Gold collapsing. Bitcoin UP. - page 886.

Adrian-x

legendary

Activity: 1372

Merit: 1000

Quote from: cypherdoc on October 07, 2014, 01:27:12 PM

Quote from: Adrian-x on October 07, 2014, 01:17:47 PM

Quote from: cypherdoc on October 07, 2014, 11:22:55 AM

the great thing about the Blockchain.info investment is that of all the wallets and exchanges out there, blockchain.info adheres most closely to the founding principles of Satoshi and Bitcoin. headed by Roger Ver, you just know that blockchain.info will never do anything to compromise the original Bitcoin vision; that of privacy (tumbling), personal handling of keys, safety, and great development. they even pay all their employees in Bitcoin negating the need for banks.

this development almost ensures Bitcoin's long term survival.

sure but without a company bank account, how is that $30M invested, is the investor going to be buying bitcoin? is that the reason for this big drop, a predetermined quantity of bitcoin at an average rate on a set date?

altho your question makes sense, i don't think they ever said they don't have a bank acct; only that all their income and expenses are done in BTC.

i'm also sure they've figured out how to accept the money somehow!

I'm sure he could find a way to accept $30M, but until recently they clained no bank count.

Quote from: Nic Cary - CEO of Blockchain - June 2014

My company is a 100 percent Bitcoin-based business. We don’t even have a corporate bank account. All of our employees are paid in Bitcoin and we do everything we can to maintain a Bitcoin economy.

cypherdoc

legendary

Activity: 1764

Merit: 1002

The idea that the world is ending and the accompanying demand for guns, canned food, bottled water and gold, is having difficulty attracting new adherents in an era of falling unemployment and rising wages. Indeed, many of those who hold those views are having a hard time reconciling their misplaced faith with reality.

http://www.bloombergview.com/articles/2014-10-06/how-low-can-gold-go

cypherdoc

legendary

Activity: 1764

Merit: 1002

Dow -177

cypherdoc

legendary

Activity: 1764

Merit: 1002

fear refusing to abate:

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: Adrian-x on October 07, 2014, 01:17:47 PM

Quote from: cypherdoc on October 07, 2014, 11:22:55 AM

the great thing about the Blockchain.info investment is that of all the wallets and exchanges out there, blockchain.info adheres most closely to the founding principles of Satoshi and Bitcoin. headed by Roger Ver, you just know that blockchain.info will never do anything to compromise the original Bitcoin vision; that of privacy (tumbling), personal handling of keys, safety, and great development. they even pay all their employees in Bitcoin negating the need for banks.

this development almost ensures Bitcoin's long term survival.

sure but without a company bank account, how is that $30M invested, is the investor going to be buying bitcoin? is that the reason for this big drop, a predetermined quantity of bitcoin at an average rate on a set date?

altho your question makes sense, i don't think they ever said they don't have a bank acct; only that all their income and expenses are done in BTC.

i'm also sure they've figured out how to accept the money somehow!

Adrian-x

legendary

Activity: 1372

Merit: 1000

Quote from: cypherdoc on October 07, 2014, 11:22:55 AM

the great thing about the Blockchain.info investment is that of all the wallets and exchanges out there, blockchain.info adheres most closely to the founding principles of Satoshi and Bitcoin. headed by Roger Ver, you just know that blockchain.info will never do anything to compromise the original Bitcoin vision; that of privacy (tumbling), personal handling of keys, safety, and great development. they even pay all their employees in Bitcoin negating the need for banks.

this development almost ensures Bitcoin's long term survival.

sure but without a company bank account, how is that $30M invested, is the investor going to be buying bitcoin? is that the reason for this big drop, a predetermined quantity of bitcoin at an average rate on a set date?

cypherdoc

legendary

Activity: 1764

Merit: 1002

...except these bonds:

cypherdoc

legendary

Activity: 1764

Merit: 1002

Moar blackhole shit. there is absolutely no evidence that the Fed will ever raise interest rates. the gvt continues to suck in all productive capital:

Buy all the bonds!

cypherdoc

legendary

Activity: 1764

Merit: 1002

India is the fastest-growing smartphone market in the world driven by the availability of cheap devices with most people getting online through mobile networks, according to Pieters.

http://www.bloomberg.com/news/2014-10-06/vodafone-invests-1-billion-in-india-to-drive-data-use.html

rocks

legendary

Activity: 1153

Merit: 1000

Quote from: cypherdoc on October 07, 2014, 12:11:21 PM

nice graph from Pantera. Bitcoin continuing to gain on altscams:

https://cdn.panteracapital.com/wp-content/uploads/Pantera-Bitcoin-Letter-September-2014.pdf

The majority of altcoins are speculative, so it is logical that during the Nov 2013 spike altcoins ran up and then drifted down as speculative fever subsided. It will be interesting to see if altcoins spike again during the next bitcoin run or not.

cypherdoc

legendary

Activity: 1764

Merit: 1002

nice graph from Pantera. Bitcoin continuing to gain on altscams:

https://cdn.panteracapital.com/wp-content/uploads/Pantera-Bitcoin-Letter-September-2014.pdf

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

We're close to a rise, any time now with all the good things coming to bitcoin!!

cypherdoc

legendary

Activity: 1764

Merit: 1002

bulls gotta be worried about this. sliding down the mountain:

cypherdoc

legendary

Activity: 1764

Merit: 1002

so here you go; affirmation of my bucket theory with all levels rising in aggregate but at different rates and different times:

In full disclosure I’ve started buying it again after staying mostly on the sidelines for most of the past two years.

http://avc.com/2014/10/bitcoin-price-and-promise/

of course it makes sense. as the price drops to lower and lower levels, the financially astute who believe in and understand the fundamental and technical promise of Bitcoin, decide to buy. how can they resist? coins are cheap!

_mr_e

legendary

Activity: 817

Merit: 1000

Quote from: sidhujag on October 07, 2014, 11:42:36 AM

Quote from: _mr_e on October 07, 2014, 11:38:55 AM

Quote from: rocks on October 07, 2014, 11:28:28 AM

Quote from: cypherdoc on October 07, 2014, 11:22:55 AM

the great thing about the Blockchain.info investment is that of all the wallets and exchanges out there, blockchain.info adheres most closely to the founding principles of Satoshi and Bitcoin. headed by Roger Ver, you just know that blockchain.info will never do anything to compromise the original Bitcoin vision; that of privacy (tumbling), personal handling of keys, safety, and great development. they even pay all their employees in Bitcoin negating the need for banks.

this development almost ensures Bitcoin's long term survival.

Agreed, but the address tagging they implemented is very problematic. It is the reason we are starting to see these new spam deposits for 0.00001 BTC that are useless clutter but permanently show the senders name every time you look at one of your addresses.

https://bitcointalksearch.org/topic/random-000001-btc-from-laxo-trade-775881

I have a theory this is why people have been receiving single satoshi's to old addresses. Once you try and send a new transaction and the single satoshi output is combined with your new HD address they can determine it is the same person using the same wallet.

I thought any clients above 0.8.6 would filter these spam as dust and not process them?

So did I, but I've received a few that were confirmed

sidhujag

legendary

Activity: 2044

Merit: 1005

Quote from: _mr_e on October 07, 2014, 11:38:55 AM

Quote from: rocks on October 07, 2014, 11:28:28 AM

Quote from: cypherdoc on October 07, 2014, 11:22:55 AM

the great thing about the Blockchain.info investment is that of all the wallets and exchanges out there, blockchain.info adheres most closely to the founding principles of Satoshi and Bitcoin. headed by Roger Ver, you just know that blockchain.info will never do anything to compromise the original Bitcoin vision; that of privacy (tumbling), personal handling of keys, safety, and great development. they even pay all their employees in Bitcoin negating the need for banks.

this development almost ensures Bitcoin's long term survival.

Agreed, but the address tagging they implemented is very problematic. It is the reason we are starting to see these new spam deposits for 0.00001 BTC that are useless clutter but permanently show the senders name every time you look at one of your addresses.

https://bitcointalksearch.org/topic/random-000001-btc-from-laxo-trade-775881

I have a theory this is why people have been receiving single satoshi's to old addresses. Once you try and send a new transaction and the single satoshi output is combined with your new HD address they can determine it is the same person using the same wallet.

I thought any clients above 0.8.6 would filter these spam as dust and not process them?

_mr_e

legendary

Activity: 817

Merit: 1000

Quote from: cypherdoc on October 07, 2014, 10:41:09 AM

https://twitter.com/jgarzik/status/519505899459997696

Getting really old reading about all these claims without the slightest bit of evidence backing them up.

_mr_e

legendary

Activity: 817

Merit: 1000

Quote from: rocks on October 07, 2014, 11:28:28 AM

Quote from: cypherdoc on October 07, 2014, 11:22:55 AM

the great thing about the Blockchain.info investment is that of all the wallets and exchanges out there, blockchain.info adheres most closely to the founding principles of Satoshi and Bitcoin. headed by Roger Ver, you just know that blockchain.info will never do anything to compromise the original Bitcoin vision; that of privacy (tumbling), personal handling of keys, safety, and great development. they even pay all their employees in Bitcoin negating the need for banks.

this development almost ensures Bitcoin's long term survival.

Agreed, but the address tagging they implemented is very problematic. It is the reason we are starting to see these new spam deposits for 0.00001 BTC that are useless clutter but permanently show the senders name every time you look at one of your addresses.

https://bitcointalksearch.org/topic/random-000001-btc-from-laxo-trade-775881

I have a theory this is why people have been receiving single satoshi's to old addresses. Once you try and send a new transaction and the single satoshi output is combined with your new HD address they can determine it is the same person using the same wallet.

rocks

legendary

Activity: 1153

Merit: 1000

Quote from: cypherdoc on October 07, 2014, 11:22:55 AM

the great thing about the Blockchain.info investment is that of all the wallets and exchanges out there, blockchain.info adheres most closely to the founding principles of Satoshi and Bitcoin. headed by Roger Ver, you just know that blockchain.info will never do anything to compromise the original Bitcoin vision; that of privacy (tumbling), personal handling of keys, safety, and great development. they even pay all their employees in Bitcoin negating the need for banks.

this development almost ensures Bitcoin's long term survival.

Agreed, but the address tagging they implemented is very problematic. It is the reason we are starting to see these new spam deposits for 0.00001 BTC that are useless clutter but permanently show the senders name every time you look at one of your addresses.

https://bitcointalksearch.org/topic/random-000001-btc-from-laxo-trade-775881

cypherdoc

legendary

Activity: 1764

Merit: 1002

the great thing about the Blockchain.info investment is that of all the wallets and exchanges out there, blockchain.info adheres most closely to the founding principles of Satoshi and Bitcoin. headed by Roger Ver, you just know that blockchain.info will never do anything to compromise the original Bitcoin vision; that of privacy (tumbling), personal handling of keys, safety, and great development. they even pay all their employees in Bitcoin negating the need for banks.

this development almost ensures Bitcoin's long term survival.

Topic: Gold collapsing. Bitcoin UP. - page 886. (Read 2032266 times)