Topic: -- The Riddle of the Twin Brothers - Who Were, Are and Will Rule the World! - page 235. (Read 383196 times)

Now the hottest coin in crypto is ETH. I saw a report that banks are testing using Ethereum blockchain. It looks like banks are going to incorporate crypto into their business.

Bitcoin prepped and ready for a global explosion [this year].

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"Leading Bitcoin payment processor BitPay has announced their Ingenico Terminal Plugin, allowing enabling thousands of more merchants [27 million POS] to accept Bitcoin payments through its point of sale app."

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Oh, except Bitcoin can only handle maybe 2 million total customers.

...enter iXcoin

...to be expected.

Norway's Biggest Bank demands BAN on cash


ZeroHedge - "The war on cash is escalating faster than many had imagined [*Cough* - except for "crazy" Vlad2Vlad].  Having documented the growing calls from the elites and propagandist explanations of the "benefits" to their serfs over the last few years, with China, and The IMF entering the "cashless society" call most recently, International Business Times reports that Norway - suffering from its own economic collapse as oil revenues crash - has joined its Scandi peers Denmark and Sweden in a call to "ban cash."

"By way of background, as we explained previously, What exactly does a “war on cash” mean?"

"It means governments are limiting the use of cash and a variety of official-mouthpiece economists are calling for the outright abolition of cash. Authorities are both restricting the amount of cash that can be withdrawn from banks, and limiting what can be purchased with cash."

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V2V - And all the groupthink sheeple said:  "Kill the Fed, Kill the Fed, Kill the Fed!"  lol

I said in 2013 the bankers loved Bitcoin and crypto and they were gonna hijack Bitcoin [and its Foundation] and all the talk about them hating Bitcoin was a ruse [just like bankers secretly wrote the 1913 fed bill to create the fed then acted like they were against it]. 

Well, well, well...

Jamie Dimon now [all of sudden] LOVES Bitcoin.  SHOCKER!  lol

https://m.youtube.com/watch?v=qJEhts_zBgk

What does this mean?  They now own/control the Bitcoin foundation and it's Go-time.

The sword is in full-swing, 50 million voices crying out for vengeance in full-effect!

78 million Group-thinkers 'bout to experience Sudden [financial] Death Syndrome.  Haha!

Yeah, it's the first total global reset and a massive pension grab.  Tens of trillions will be stolen from pensions and savings.  You'll see 401K's IRA's, etc drop 60-70-% in the next 1-2 years.  The sheep will beg their fund managers to buy the "safe" Bitcoin ETF.  

Definitely 99.9% certain it's gonna be Bitcoin plus other cryptos, the Chinese will do anything to throttle down Bitcoin's scalability to keep it from scaling, from becoming a global monopoly.  From the beginning I said cryptos greatly empower the govt, banks and corporations, in that order.  Any benefits like cost savings from frictionless money to consumers pales by comparison.

do i disagree ... nope

hit the reset button
so what is the new money?
crypto, and it is more than just BTC

Wait for it...


LONDON (Reuters) - "World stock market losses are approaching $8 trillion so far this year and investors last week poured the most money into government bond funds in a year, suggesting they fear the global economy could tip into recession, Bank of America Merrill Lynch said on Friday."

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So in 1 week we went from ~$3 trillion to $8 trillion market losses.

Consider the January effect and its predictive nature. 


'Cataclysmic year'

Whats its clone?

Looks like the Chinese just flipped and are back to supporting core, on some piece written by "Luke Skywalker".  lol

"Stress Test" back in full-effect.  Unconfirmed txs at nearly 20k, mempool 'bout to blow.

This is geopolitics at its finest and the bankers have met their match!

Do you know who Thomas Nasakioto is/was?  lol

Good to spread the risk across more coins and FCT/ETH are solid, lower risk bets than IXC or other merged coins but I wouldn't count IXC out yet.

China is accepting Factom and its clone.
FCT was recently listed in China with high volume and ETH was listed yesterday in Yunbi. Looks like China is not going for the merged mined coins.

good luck to you guys to

I think they'll use a few merged mined coins for different niche markets and IXC will be one of them.  No hard facts just a [high risk] guess.

You believe China will use Ixcoin?

Wait for it...


BEIJING (Reuters) - "China's central bank wants to launch its own digital currencies to cut the costs of circulating traditional paper money and boost policymakers' control of money supply, the People's Bank of China (PBOC) said on Wednesday."

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And let me guess, let guess, they're gonna sidechain them to Bitcoin.

Now why would Bitcoin backers allow China to bolt-on their cryptos?

Cause China holds the Nuke option:  ~5X the current total global hash-power [on standby] ready to flip the crypto kill switch if Gavin, Hearn, Wall Street or anyone else tries to play Monopoly.  This is why Hearn and the Bankers couldn't pass XT.

I tell you the truth, China's [main] coin has already been birthed and is amongst us.

Correctly choose China's ponies and become a true Champion of Crypto.  My conviction remains unwavering!

I don't understand your first question.  How long until Bitcoin price peaks?

It's so hard to say, economics is a complex machine and Bitcoin will involve many variables consisting of many government and central bank policies.  Mass media pump and human psychological reaction and adoption is also hard to predict with timely accuracy but I think it's gonna be unworldly and soon (2016, max 2017).

Looking at the incredibly unstable state of geopolitics and economics I would say 2016 is gonna see the massive economic collapse and global chaos I expected last fall.  If/when that happens Bitcoin will explode, it will go Atomic.  But Sidechains have to be put in place beforehand Since Bitcoin simply can't handle the volume. 

So I expect to see 3-5 Sidechains to be bolted onto Bitcoin in the next 3-6 months.

As for peak price, hard to say with such massive deflation coming and then massive inflation.  But in nominal terms I think Bitcoin has a 50% chance of hitting $1,000,000 and I think $100,000 per coin is a near guarantee (in the next 2-3 years).

The banks, Wall Street and high frequency traders are gonna [completely] take over when the run starts.  One primaney goal is to shake out all the early adopters first. 

Be prepared for lots of head fakes and massive volatility with huge ups and downs.  If you wanna trade then hold on to a core position or you'll be stopped out of your coins before the "real" run and you won't have a chance to get back in.

Good luck!

How long will the bitcoin until the runup peak last?

What price will bitcoin probably peak?

Here are some hard facts and links for anyone wanting to really understand the dangers of Mike Hearn and the banks/govt backing him.  XT was nothing but a power-grab scheme and an attempt for the banks/govt to privatize Bitcoin.  Some devs in Bitcoin core (who will probably be fired soon [and coming to IXC?] lol) and Maxwell/Blockstream are the only real opposition standing in the way of an XT-type protocol/takeover. 

Don't fret, they'll eventually succeed.  Enjoy the freedom!


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Collection of Writeups regarding Bitcoin XT vs Core
===================================================

Forward:

   There is a lot to read. If you pride yourself on being knowledgeable about this topic and care about the future of bitcoin, you will read all of it. This discussion has been framed around wither or not to increase the blocksize, with XT being in favor of bigger blocks and Core being against any changes. Nothing could be further from the truth. My hope is that by the end of this document you will be well educated on what the debate really is, what support of XT really means, and why so many people are outraged and view this as an "attempted takeover".


If you read nothing else
========================

-Bitcoin XT Faq naming Mike Hearn as sole Decision-maker on all issues Bitcoin:
"Decisions are made through agreement between Mike and Gavin, with Mike making the final call if a serious dispute were to arise."
https://bitcoinxt.software/faq.html

-There is so much interest in scaling Core that there is a Conference for it:
https://scalingbitcoin.org/montreal2015/

-Almost no blocks actually hit the block limit:
https://blockchain.info/charts/avg-block-size

-Coinbase Director of Engineering on Why the XT fork is Dangerous and Irresponsible:
https://www.reddit.com/r/Bitcoin/comments/3hp190/charlie_lee_nuclear_option_of_forking_the/cu9e4tj



The False Dichotomy of Core Vs XT on Blocksize
==============================================
-Major Infrastructure in favor of bigger blocks but not XT:
Coinbase: https://twitter.com/SatoshiLite/status/634501460340940801
BTCChina: https://twitter.com/BTCChina/status/633506381996277760
BitPay: https://medium.com/@spair/increasing-the-block-size-limit-85ff236fc516

-Core Dev team members in favor of bigger blocks:
https://twitter.com/adam3us/status/635317833086271488
https://twitter.com/adam3us/status/635341310124146692
https://twitter.com/adam3us/status/635340995467411456
https://twitter.com/wmougayar/status/635113554761355264
https://twitter.com/petertoddbtc/status/635142003076894720

Core Dev Proposal for dynamic block sizes (FlexCap):
https://www.mail-archive.com/[email protected]/msg07620.html

Bram Cohen, creator of BitTorrent pointing out the false sense of urgency:
https://medium.com/@bramcohen/bitcoin-s-ironic-crisis-32226a85e39f



Trust issues & Problems with XT & "Voting"
=========================

-XT TOR Blacklist Privacy Leaks:
https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-August/010379.html

-XT Node Count Manipulation:
https://www.reddit.com/r/bitcoinxt/comments/3i1dra/psa_its_super_easy_to_manipulate_the_node_count_i/

-XT Mined Blocks Count Manipulation:
https://www.reddit.com/r/Buttcoin/comments/3h9x47/new_bitcoin_fork_notbitcoinxt_pretends_to_be/

-Mike dodges question on existance of XT Network Test data:
https://groups.google.com/forum/m/#!topic/bitcoin-xt/P8We1DokNUk

-XT's Rate of Scale Proposal is not based on hard data:
https://gist.github.com/sipa/c65665fc360ca7a176a6#gistcomment-1553078



Problems with Mike Hearn
========================

-Mike Hearn's US government involvement:
https://www.reddit.com/r/Bitcoin/comments/3d26tk/did_mike_hearn_work_in_sigint_does_he_now/

-Mike Hearn's anti-fungibility & stance on coin tracking:
https://twitter.com/Tone_LLT/status/635465361354321920
http://www.coindesk.com/bitcoin-tracking-proposal-divides-bitcoin-community/


Errata
======

-Luke-Jr's illustration of what is and isn't an altcoin:
https://twitter.com/btcdrak/status/635235161525886976

-Other Writeups:
http://spectrum.ieee.org/tech-talk/computing/networks/the-bitcoin-for-is-a-coup
http://www.zerohedge.com/news/2015-08-23/what-bitcoin-xt-primer-everyone
http://motherboard.vice.com/read/bitcoin-core-devs-in-civil-war-insist-were-not-getting-the-whole-story
http://techcrunch.com/2015/08/22/money-and-politics-bitcoins-governance-crisis/
http://wallstreettechnologist.com/2015/08/19/bitcoin-xt-vs-core-blocksize-limit-the-schism-that-divides-us-all/

-Satoshi Nakamoto's Unsigned but Origin-Confirmed email:
https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-August/010238.html

The sidechains courtship is gonna start soon and it's gonna be shameless.

I may not have the billions which some of the other coin backers have but I am shameless so allow me to be the first to start the sidechain propaganda machine with some iXpower.  

I can only "level-up" so many times per year so accept these pics as my serenade of Bitcoin.  ha!

Bitcoin, I wanna sidechain 'ya for life!!!  

Tove Lo:  Talking Body:  https://m.youtube.com/watch?v=AzRyxGBGiAE