Topic: Historic Cryptogenic Bullion thread - CLOSED - page 12. (Read 286624 times)

That's funny. I thought we were at 10-14 postition on 2000-4000. I have lost to much to sell now. I only keep CGB because of this community.

Agreed, you are totally correct. Do not copy, innovate!

Thanks RaggedClown - and no I'm still here (not going anywhere  ) It is sad to IMZ leave I must say, however it is his choice so I wish him the best of luck

In my mind the point at which CGB fails is the point at which it's fundamentals are changed to mirror the countless other alts out there. It both shatters it's uniqueness and broadcasts to the world "hey guys - we got it wrong". Investment is coming - it may take a while but when big money investors looks at the alt-scene CGB already stands out on a very short list of investable cryptos and with the updates and improvements coming with Vault 2.0 should put it in the top 3.

@FiniteRed, totally legitimate post. I personally agree 100% with what you say. Strange behaviour by IMZ to highlight your post, and personal view in such a way where you may feel offended, in order to justify their departure from the thread. Almost makes you not want to post anything here at all  

BTCat hilarious and quite true chart hahaha  

CGB is added to the Crypto Currency forum and Pricetracker on:

https://cryptoconnecta.com

It's a new Social Media platform for crypto's you might want to try.

A dedicated CGB forumsection is here: https://cryptoconnecta.com/index.php/forum/cryptogenic-bullion

For dev's there's a place for announcements: https://cryptoconnecta.com/index.php/forum/ann

It also has crypto-auctions (for BTC value). For altcoins they offer an escrow service. Actually auctions are hosted on a seperate site. https://crypto-auctions.com

If we want to have CGB accepted for auctions, we'll need to have it setup, I'm not sure if there's a setup-fee or anything, I haven't discussed in much detail.
Question is, would you CGB holders use an auctionsite enough and create listings, offer products to sell for CGB or bid on other listings. What do you think?

Liked this post. We're probably in the area 10-14, don't give up on the worst moments. Panic-hold or buy.

IMZ it would be a shame for you to give up just because of someone who didn't agree with  or perhaps hadn't even read about your opinions. I for one read your posts with great interest and was just about to comment along the lines that it would be a great if we could start implementing some of the ideas that you have suggested here recently.

I'm sure I'm not the only one here who values your input a great deal, even if I wouldn't usually come out and say it (seriously check my post count).

On another note, great to hear that the new CGB client is coming along nicely. Congrats to PSD for another great article, enjoy your holiday it is well deserved.

Finite Red's post was the straw that broke the camel's back. Short and sweet: had enough.

Have donated 500 CGB to the Foundation.
If Finite by Design's silver bar turns up, I shall donate BTC to its value to the community.
Will puddle through with Cherry Farm until Christmas. Surely that's fair.

Special thanks to Elambert and PSD. And you are all always welcome here at the farmhouse.

Mark (IndiaMikeZulu), Australia

Excellent update guys, I should think that a wallet update will generate a bit of buzz around CGB - I invested in CGB a while ago because I totally believe in its fundementals. The world does not need yet another 'currency' as there are so many already competing for top spot.

CGB setup is special, price drop at this stage is so immaterial its almost commical, all that matters is that I hold a solid % of an utterly finite resource that given the right push could be worth more than the rarest preshous metals on the planet to day...

I will hold until 1 CGB is worth $10,000 - Then I might sell. ONE.

FR

Btcat

Great! In simple effect, a cryptomall seed!

Mark (IndiaMikeZulu), Western Australia

Kill or Cure: http://indiamikezulu.com.au/416/palace-coup/
[Comments might be made there.]

m

Great Mark. I've had my fair share of practices, just discovered binaurals half a year ago so doing some experimenting also for dreams sometimes. They really work for me, there's hundreds on youtube 

Thanks for the fantastic update. It looks as a lot of new interesting features are coming to us in september and that's really great. 

For the CGB website I'd like to propose an idea for some free advertising for CGB investors. A page for banners from crypto-related products or services. For example set a minimum amount of CGB's to hold for a free spot, perhaps a good incentive for a business to get involved. And ofcourse for CGB good to be related to good businesses. Ofcourse a paid banner can be optional too to raise some funds or exchange banners with other sites.

Btcat

binaural beats came up in my study of lucid dreaming. Makes sense. I would like to try them.

Mark, Australia

CGB needs more teamwork and the focus should be on how we're gonna get support from larger investors.
There are plenty investors interested in pennystocks and CGB fits that category. Be a 'wolf of wallstreet' and start pushing CGB's into world of finance, forex, stockexchanges, etc.
If you haven't seen the movie you really should (http://www.imdb.com/title/tt0993846/). And apply it to CGB.
I see some come here to complain but then tell me what have you done yourself to attract new investors. We need more action, stop relying on others to make the efforts, I keep telling to do something for your coin to add value instead of highlighting negatives on the forum and perhaps even take away value. Make contact with potential new investors and tell them why it is a good investment right now. CGB has plenty to offer and it's exceptionally rare. Besides due to the low inflationrate there is a large chance that all the cheap coins will be soaked up by new interested people and in the end it will cause the price to rise. Whether you will be part of this is for you to decide.  

One last, if you happen to be not too skeptical or have interest in brainwaves:
Motivational and positive thinking Binaural Beats: https://www.youtube.com/watch?v=jxfHNaqpFFg
(listen at your own risk, if you're not used to it not too long or too loud, it's magic)

Blockchain-Based Consensus in a CryptoTown Society

Originally published to CryptoBiz Magazine August 2014 Issue pg. 30. (32-33 in viewer)

Please also see the Reddit post for further discussion.

This version is the final draft. They may have edited it but I don't have a text copy of that.

The implications of blockchain based consensus reach far beyond the integrity of our currencies. Individuals have never had the ability to independently verify the integrity of the information networks and hierarchies that compose their society. Even further still, we have never had a viable alternative to the profit motive, which is based on the consume and multiply model seen throughout nature. Technology threatens to put an end to scarcity at the same time our civilization careens toward the end of a parabolic rise in resource exploitation. Blockchain technology allows for the cooperation required to transition our society from the destructive motivation of profit, to those of human needs and sustainability.

This awakening may be put into context by studying the different ways in which we have shared information in the past. Spoken language has a limited proximity and spreads slowly while residing in the volatile minds of our early ancestors. Written language provided reliable storage and the geographical reach to enable expansive societies. The invention of the printing press brought broadcast media, capturing the knowledge of the world to book and leading us to the radio and television. The Internet brought us instant worldwide interactivity and collaboration between participants. With each revolution, the amount of information available to each individual has exploded.

The kind of information shared within and amongst societies ranges from cultural ideas to financial accounting and ownership. Access to and control of such information has been traditionally trusted to hierarchical institutions such as government, corporate media and central bank. This system ultimately relies on individual human trust, which is the reason that our exploits manifest themselves in the direction of our civilization. Blockchain based consensus allows us to construct and voluntarily participate in systems of rules designed to augment or replace critical points of trust within all levels of society.

The CryptoTown On The Ground project was launched to encourage collaboration between crypto pioneers, development talent, and expert guidance on the critical path toward mainstream adoption of crypto. A grassroots approach acknowledges that existing institutions are ultimately motivated to create scarcity and dependence and will not help us. Independence is achieved through the cryptomall model of local support networks and the the continual refinement of tools and methods employed. Although most of the crypto crowd is currently focused on cryptocurrencies, they are just a part of the global shift towards decentralization in which new elements of society are emerging from cryptographically secured trust.

The process of decentralization is like a swinging pendulum finding balance between hierarchies and networks. Some things may transition to a network model of cooperation like cryptocurrency, yet we may still try to pass the responsibility of protecting our private keys to centralized exchanges and wallet services. Throughout history we have tried many methods of societal organization, but until now, every facet has been subject to the exploitation of human trust. The profit motive, enshrined to law, is a cultural relic of an environment of scarcity and exploitation where technology now threatens sustainability and abundance. Crypto may help to form the bridge between a civilization forged in the fires of scarcity, to one ultimately motivated by human needs and sustainability.

We may gather insights about how the profit motive emerges from more fundamental trends by examining the diversity of life on planet Earth. In the absence of a natural predator, we can observe the exponential growth of a species, and the collapse of its underlying resources. When the underlying motive for each individual is profit and growth, the end result is a catastrophic depletion of carrying capacity. The exploitation of every last opportunity fuels a pervasive resistance to obsolescence, resulting in artificial scarcity and an obsessive aversion to solving problems. Institutional hierarchies built of human trust may feel threatened by the prospect of transparency, where exploitation of opportunities for personal gain may be the glue of the operation.

Real-time global interaction of culture and ideas, coupled with the authentic persistance of the blockchain provides individuals with equal access to the vast structures of society. As we develop the ability to interact directly with the uncensored contours of our collective will, wild phenomena such as the blockchain itself may emerge. Manipulation-free access to our peers may awaken a new consciousness which is aware of The Game, and may cooperate to become self-sustainable,

We are born innocent and taught by society how to react to each situation with programmed aversions and desires. We each believe most strongly in our own experience of what constitutes a normal society and culture. Awareness of this programming is required to transcend the fearful grouping and exploitation behaviors of a system that has nearly run its course. If we are to believe that currency is the most potent blockchain application, we may overlook the possibility of obsoleting the very concept of money and economics.

First, I have been neglecting my weekly update duties. The next post may reveal the reason why. I had a very tight schedule to produce it and have required rest since. Hopefully you will all understand. I will be on vacation for a couple weeks, checking in, but the team will be adding the update posts to their workload. I have conveyed a preference for titling it "CGB Cote Team and Community Update" as the weekly timeline thing doesn't work so well when there are ups and downs and busy schedules interfere.



This is great fundamental analysis Mark. Hope doesn't do much. We have to actually wonder who it is exactly who is going to start using this if the awareness is not created.

Regarding what makes CGB valuable, we have beaten the horse dead as far as what makes CGB unique (in important ways). Mark is right to point out the critical path here. I would suggest that we look exactly to the history of gold and how it was adopted (or how we think it would be). We better quickly realize that it was used in coinage along with silver in pseudo standard sizes to facilitate trade. CGB right now is like gold nuggets and flakes. Many other coins are figuring out how to better interact with the network. I would only bother looking to Bitcoin for the potential. We may be conflating ease of use with ease of spending. Ease of use is critically important, though certainly gold is used as a currency throughout history.

An update will be coming along shortly regarding the CGB client specifically. To get a bigger picture of what CGB is bringing to the table and what will raise awareness about it, check out the theory we're operating on. I suspect its a bit higher level than most. The advantages of this may be underestimated.

And because I cant help it:

This is a preview, vault motif in the works. We are looking at September for release, still much to do.

http://indiamikezulu.com.au/414/for-the-cgb-ers/

Mark, Australia

I think he means to say "dinosaurs will die".
CGB has little to offer over other coins especially compared to new coins. There is no real reason to store value in CGB. In fact there's a good reason not to - CGB has been nothing but falling in value no matter how the crypto landscape was doing in general. To anyone that isn't watching this thread it looks dead. It's almost funny - any other coin would have seen a significant rise in value if they had been on a magazines cover yet CGB somehow managed to fall even lower.

Why on earth would anyone want to sotre his value in CGB ? Can anyone here answer this question ?

I still have some CGB and I wish I was wrong and CGB would rise in value once again but I'm afraid we've seen the heights.

Mark,
Sorry, I must be missing something here. Can you please clarify what you feel is the fundamental problem?