Topic: I just cashed out my lot of Bitcoins for Gold. Here's why. - page 5. (Read 6277 times)
Through a hole in your browser I have full control to your computer. I feel sorry that the single Bitcoin you bought the same day as you registered here at June 4 has lost 10% since. But I feel I need to tell you that you won't get a 1/10 ounce Maple Leaf for a Bitcoin.
- The NSA has full control of Bitcoin through holes in SHA-256 and DSA that the mass of the public has yet to find. The whole blockchain might find itself worthless within the decade.
You forgot a few points:
- The Space Jews control the president of the United States with brain wave rayguns, installed in geostationary satellites launched and maintained by South-American drug cartels.
- Fluids! Always protect and preserve your precious bodily fluids!
That's right, never use sanitary installations connected to the grid.
You predictions (except the quoted one) are fair enough, your tone is laughable at best.
But this is just hilarious:
why do people that that have nearly zero knowledge on information theory think they sound badass when they talk about it?
But this is just hilarious:
- The NSA has full control of Bitcoin through holes in SHA-256 and DSA that the mass of the public has yet to find. The whole blockchain might find itself worthless within the decade.
Seriously,why do people that that have nearly zero knowledge on information theory think they sound badass when they talk about it?
Tell us how do you make that distinction and how is information theory relevant for making such a statement?
- The NSA has full control of Bitcoin through holes in SHA-256 and DSA that the mass of the public has yet to find. The whole blockchain might find itself worthless within the decade.
You forgot a few points:
- The Space Jews control the president of the United States with brain wave rayguns, installed in geostationary satellites launched and maintained by South-American drug cartels.
- Fluids! Always protect and preserve your precious bodily fluids!
You predictions (except the quoted one) are fair enough, your tone is laughable at best.
But this is just hilarious:
why do people that that have nearly zero knowledge on information theory think they sound badass when they talk about it?
But this is just hilarious:
- The NSA has full control of Bitcoin through holes in SHA-256 and DSA that the mass of the public has yet to find. The whole blockchain might find itself worthless within the decade.
Seriously,why do people that that have nearly zero knowledge on information theory think they sound badass when they talk about it?
Historically the gold/silver ratio has been averaging 1/16 (this goes back to ancient history).
Currently gold is over this ration, so I would expect silver to do better than gold in the near term.
As to what both will do against bitcoin, that would be pure speculation but all are alternatives to inflating currencies.
No one knows when inflation is coming, but when it does, it typically comes quicker than folks expect.
Currently gold is over this ration, so I would expect silver to do better than gold in the near term.
As to what both will do against bitcoin, that would be pure speculation but all are alternatives to inflating currencies.
No one knows when inflation is coming, but when it does, it typically comes quicker than folks expect.
thanks for warning us, OP.
that's quite a revelation, thanks for that
OP should change his name to "Elmer FUD" and continue making these predictions. It would be even more amusing!
That's a bold prediction. Do you really need it to rationalize your decision?
Short-term:
- Things are crashing hard this Summer. The media bubble has faded. We might see ourselves at $80 again. Even $30.
Long-term:
- Gold is going to recover. Hidden economic trouble is brewing. 'nuff said.
- The NSA has full control of Bitcoin through holes in SHA-256 and DSA that the mass of the public has yet to find. The whole blockchain might find itself worthless within the decade.
It was fun but Bitcoin is going to need a judgement day before cryptocurrency can become mainstream.
Here's my prediction: Bitcoin is going to be blown apart. The price will go to zero by 2020.
To those looking at this from the future: I told you so.
http://www.guardian.co.uk/world/2013/jun/09/nsa-whistleblower-edward-snowden-why
- Things are crashing hard this Summer. The media bubble has faded. We might see ourselves at $80 again. Even $30.
Long-term:
- Gold is going to recover. Hidden economic trouble is brewing. 'nuff said.
- The NSA has full control of Bitcoin through holes in SHA-256 and DSA that the mass of the public has yet to find. The whole blockchain might find itself worthless within the decade.
It was fun but Bitcoin is going to need a judgement day before cryptocurrency can become mainstream.
Here's my prediction: Bitcoin is going to be blown apart. The price will go to zero by 2020.
To those looking at this from the future: I told you so.
http://www.guardian.co.uk/world/2013/jun/09/nsa-whistleblower-edward-snowden-why
Quote
Q: Why did you decide to become a whistleblower?
A: "The NSA has built an infrastructure that allows it to intercept almost everything. With this capability, the vast majority of human communications are automatically ingested without targeting. If I wanted to see your emails or your wife's phone, all I have to do is use intercepts. I can get your emails, passwords, phone records, credit cards.
"I don't want to live in a society that does these sort of things … I do not want to live in a world where everything I do and say is recorded. That is not something I am willing to support or live under."
Q: Is it possible to put security in place to protect against state surveillance?
A: "You are not even aware of what is possible. The extent of their capabilities is horrifying. We can plant bugs in machines. Once you go on the network, I can identify your machine. You will never be safe whatever protections you put in place."
A: "The NSA has built an infrastructure that allows it to intercept almost everything. With this capability, the vast majority of human communications are automatically ingested without targeting. If I wanted to see your emails or your wife's phone, all I have to do is use intercepts. I can get your emails, passwords, phone records, credit cards.
"I don't want to live in a society that does these sort of things … I do not want to live in a world where everything I do and say is recorded. That is not something I am willing to support or live under."
Q: Is it possible to put security in place to protect against state surveillance?
A: "You are not even aware of what is possible. The extent of their capabilities is horrifying. We can plant bugs in machines. Once you go on the network, I can identify your machine. You will never be safe whatever protections you put in place."
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