Author

Topic: Gold collapsing. Bitcoin UP. - page 905. (Read 2032266 times)

legendary
Activity: 2044
Merit: 1005
September 30, 2014, 06:16:09 PM
Do you guys think that the China FUD about banning bitcoin was the gov't on purpose while hoarding cheap coins because they know that US won't be able to repay bonds and silver/gold leases? I think out of the large supply of USD they hold which is trillions of $, a small % (maybe a few billion $) is being used to buy btc secretly so that when the time comes china can simply say we will price things in bitcoin since we know that the trade between gold and USD will probably be fixed or collapse when USD defaults. Bitcoin only has a fixed supply and by buying it cheap with USD while its worth something they can effectively gain ultimate purchasing power by getting first mover advantage and have things priced in bitcoins when the day comes (as a hedge if it ever comes to that?)... would explain the large volume out of China ever since last year... as they probably learned we were close to the end of PM manipulation.
legendary
Activity: 2044
Merit: 1005
September 30, 2014, 06:12:29 PM
PayPal got kicked out of Apple Pay for partnering with Samsung
http://www.cultofmac.com/298339/paypals-snubbed-apple-pay-partners-list-samsung-deal

Thats prob why they use bitcoin because apple pay offers it too.
hero member
Activity: 743
Merit: 500
September 30, 2014, 06:11:33 PM
PayPal got kicked out of Apple Pay for partnering with Samsung
http://www.cultofmac.com/298339/paypals-snubbed-apple-pay-partners-list-samsung-deal
legendary
Activity: 1764
Merit: 1002
September 30, 2014, 05:25:54 PM
We all know its going to happen, the collapse will lead to a run on banks and a run towards things like gold and bitcoin.. however its just timing that we have to get right.. if bitcoin is stable or you dont care about paying the bills with bitcoin then get in now... and reap benefits later.

me hoover up
legendary
Activity: 2044
Merit: 1005
September 30, 2014, 05:20:06 PM
We all know its going to happen, the collapse will lead to a run on banks and a run towards things like gold and bitcoin.. however its just timing that we have to get right.. if bitcoin is stable or you dont care about paying the bills with bitcoin then get in now... and reap benefits later.
legendary
Activity: 1764
Merit: 1002
September 30, 2014, 05:18:47 PM
legendary
Activity: 2268
Merit: 1141
September 30, 2014, 04:50:48 PM
I came across this in the Wall Observer thread, pretty interesting watch.

https://www.youtube.com/watch?v=tQBia1Mw9Vw
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
September 30, 2014, 03:25:58 PM
we're sorry Justus.  please don't get mad at us.

if you hurry, you still might snatch some.

...doesn't work that way. I send an CHF-denominated invoice on the last day of the month and get paid in btc based on the daily average exchange rate as of the invoice date.

Invoicing tomorrow...

Better tomorrow than the day after.  And it is tomorrow sooner there than most places.
legendary
Activity: 1764
Merit: 1002
September 30, 2014, 03:25:33 PM
"They rose their capacitative screens to the sky, unwinking eyes recording history."

breathe in ... ah yes:

┗(°0°)┛ ..○
legendary
Activity: 1400
Merit: 1013
September 30, 2014, 03:24:20 PM
we're sorry Justus.  please don't get mad at us.

if you hurry, you still might snatch some.

...doesn't work that way. I send an CHF-denominated invoice on the last day of the month and get paid in btc based on the daily average exchange rate as of the invoice date.

Invoicing tomorrow...
legendary
Activity: 1414
Merit: 1000
September 30, 2014, 03:18:43 PM
ok, this is very cool and important.

http://www.npr.org/blogs/alltechconsidered/2014/09/29/352476454/how-hong-kong-protesters-are-connecting-without-cell-or-wi-fi-networks

"Mesh networks are an especially resilient tool because there's no easy way for a government to shut them down. They can't just block cell reception or a site address. Mesh networks are like Voldemort after he split his soul into horcruxes (only not evil). Destroying one part won't kill it unless you destroy each point of access; someone would have to turn off Bluetooth on every phone using FireChat to completely break the connection. This hard-to-break connection isn't super important for casual chats, but during tense political showdowns, it could be a lifeline."

i can't wait for BitcoinCard or something similar to come along and give us the option to connect via Mesh Networking.

They can still shut it down fairly easily by strongly broadcasting noise on the frequencies used.  That technique can knock out Bluetooth or any other wireless communications in a fairly large area with a small transmitter.  Bluetooth is particularly vulnerable since it is so low power in the first place.

If we look at details then it is quite easy to find and destroy ONE small transmitter.



"They rose their capacitative screens to the sky, unwinking eyes recording history."

http://www.reddit.com/r/Bitcoin/comments/2hwzgk/protestors_are_using_using_a_p2p_mesh_network/

I'm not sure, you can even imagine life in slavery as it is in china or north korea.
hero member
Activity: 722
Merit: 500
September 30, 2014, 03:10:26 PM
ok, this is very cool and important.

http://www.npr.org/blogs/alltechconsidered/2014/09/29/352476454/how-hong-kong-protesters-are-connecting-without-cell-or-wi-fi-networks

"Mesh networks are an especially resilient tool because there's no easy way for a government to shut them down. They can't just block cell reception or a site address. Mesh networks are like Voldemort after he split his soul into horcruxes (only not evil). Destroying one part won't kill it unless you destroy each point of access; someone would have to turn off Bluetooth on every phone using FireChat to completely break the connection. This hard-to-break connection isn't super important for casual chats, but during tense political showdowns, it could be a lifeline."

i can't wait for BitcoinCard or something similar to come along and give us the option to connect via Mesh Networking.

They can still shut it down fairly easily by strongly broadcasting noise on the frequencies used.  That technique can knock out Bluetooth or any other wireless communications in a fairly large area with a small transmitter.  Bluetooth is particularly vulnerable since it is so low power in the first place.

If we look at details then it is quite easy to find and destroy ONE small transmitter.



"They rose their capacitative screens to the sky, unwinking eyes recording history."

http://www.reddit.com/r/Bitcoin/comments/2hwzgk/protestors_are_using_using_a_p2p_mesh_network/
legendary
Activity: 1764
Merit: 1002
September 30, 2014, 03:08:49 PM
huge outside reversal candle smackdown in oil.  no economic growth here.

ah yes, the sweet smell of Deflation:

legendary
Activity: 1764
Merit: 1002
September 30, 2014, 03:06:48 PM
ok guys, please don't eat through that wall at $390 until late tomorrow...

sorry Peter, we couldn't wait for you... Grin
This is bullshit. I wanted to buy more <$400 coins.

we're sorry Justus.  please don't get mad at us.

if you hurry, you still might snatch some.
legendary
Activity: 1400
Merit: 1013
September 30, 2014, 03:02:56 PM
ok guys, please don't eat through that wall at $390 until late tomorrow...

sorry Peter, we couldn't wait for you... Grin
This is bullshit. I wanted to buy more <$400 coins.
legendary
Activity: 1764
Merit: 1002
September 30, 2014, 03:01:55 PM
interesting drivel from the Fed's Premier bailout artist:

http://www.zerohedge.com/news/2014-09-30/why-china-hoarding-gold-alan-greenspan-explains
legendary
Activity: 1414
Merit: 1000
September 30, 2014, 02:37:07 PM
ok, this is very cool and important.

http://www.npr.org/blogs/alltechconsidered/2014/09/29/352476454/how-hong-kong-protesters-are-connecting-without-cell-or-wi-fi-networks

"Mesh networks are an especially resilient tool because there's no easy way for a government to shut them down. They can't just block cell reception or a site address. Mesh networks are like Voldemort after he split his soul into horcruxes (only not evil). Destroying one part won't kill it unless you destroy each point of access; someone would have to turn off Bluetooth on every phone using FireChat to completely break the connection. This hard-to-break connection isn't super important for casual chats, but during tense political showdowns, it could be a lifeline."

i can't wait for BitcoinCard or something similar to come along and give us the option to connect via Mesh Networking.

They can still shut it down fairly easily by strongly broadcasting noise on the frequencies used.  That technique can knock out Bluetooth or any other wireless communications in a fairly large area with a small transmitter.  Bluetooth is particularly vulnerable since it is so low power in the first place.

If we look at details then it is quite easy to find and destroy ONE small transmitter.
legendary
Activity: 1764
Merit: 1002
September 30, 2014, 02:24:21 PM
legendary
Activity: 1764
Merit: 1002
September 30, 2014, 02:18:25 PM
ok guys, please don't eat through that wall at $390 until late tomorrow...

sorry Peter, we couldn't wait for you... Grin
legendary
Activity: 1764
Merit: 1002
September 30, 2014, 02:13:00 PM
wall down, baby.

Boom.
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