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Topic: -- The Riddle of the Twin Brothers - Who Were, Are and Will Rule the World! - page 238. (Read 383560 times)

legendary
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https://bitcointalksearch.org/topic/m.1698149

Bitcoin: The Digital Kill Switch

by Shelby H. Moore III

March 29, 2013


Quote
Much of the fervor is further amplified with a false sense of altruism under the delusion of being part of a momentus and historic creation of what supporters expect to be the first meritocratic money system— one which can't be debased by the power elite who control the strings on banks in the fiat fractional reserve systems society uses now.


Never heard of this guy but it's exactly what I've been saying from the beginning.  Everybody is drinking the crypto koolaid. 
member
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https://bitcointalksearch.org/topic/m.1698149

Bitcoin: The Digital Kill Switch

by Shelby H. Moore III

March 29, 2013


Quote
Much of the fervor is further amplified with a false sense of altruism under the delusion of being part of a momentus and historic creation of what supporters expect to be the first meritocratic money system— one which can't be debased by the power elite who control the strings on banks in the fiat fractional reserve systems society uses now.
legendary
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Do you think all the anon coins will succeed? Now the anon coins fever have died down and their price are dropping. Big company like Microsoft is working with altcoins like Ethereum and Ripple. I remembered many anon coins were created last year to get on the bandwagon last year.

That's just not possible, the government will never allow it; one primary purpose of Bitcoin is to destroy the anonymity of cash.  If any anon coin ever "makes it" you can bet it's a fed project.  Like Dash, in my mind there's a 90% certainty that's a federal operated coin.  I'm sure there are a couple others as well, maybe monero.

So yeah, the "real" anon coins are sure to succeed [financially] just don't ever use them for anything illegal cause they're government honey pots [much like Bitcoin and Silk Road were].
legendary
Activity: 1344
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Do you think all the anon coins will succeed? Now the anon coins fever have died down and their price are dropping. Big company like Microsoft is working with altcoins like Ethereum and Ripple. I remembered many anon coins were created last year to get on the bandwagon last year.
legendary
Activity: 3052
Merit: 1534
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money is information. Bitcoin is just a way of organising information.  And as such bitcoin exists half in the blockchain and the other half in peoples minds.  The code,  and the currency.  You could almost look at it like a computer virus that spreads from human to human.

The future you describe in your post above mine.  It is a hellish vision of mysery. Would people not have the right to lynch us? The authorities to persecute us? for being the advocates of these horrors like a feindish cabal plotting a bloody coup?  Is economic and social devastation a price worth paying for trustless electronic cash?



Money by its nature can never be trustless, it's money.  Where money goes greed is sure to follow and someone will always game the system.  It's the nature of the beast, it will never change.  Much like Bitcoin's anonymity and decentralization, this too is a lie which few can see.

With Bitcoin/Crypto you have to trust the pools where literally 3-4 guys completely control every transaction you make.  And they're located in a communist country.  lol

You have to trust the payment processor.

You have to trust the ONE GUY who controls the protocol who may or may not be under the control of the fed or the banks (BitcoinXT ring a bell?).

You have to trust the exchanges [in cases where you choose to trade/invest your crypto].  Ever hear of Gox?  How's that trustless system going?

You have to trust the government and regulators.

And soon, the Banks and corporations who will control Bitcoin and crypto via regulations and proprietary software and algos and will have access to your wallets and data and will have the ability to reverse and confiscate your digital FIAT.

Bitcoin was NEVER designed to be anonymous, decentralized nor trustless.  These are all key buzzwords, LIES propagated by the media and puppets like Andreas to sell the difficult concept of going from anonymous physical cash to digital fiat where the masses lose all control and privacy.

As for the lynching, it will commence once the deed is done but none of the architects will pay the price; it's always the "actors" who blindfully went along with the lies. 

But don't fret, this is an unstoppable system, no force on earth can stop this so if you're involved then be smart [like Trace Mayer] and repeat some of my posts about the "potential" disasters or potential negative outcomes of Bitcoin and crypto, much like all the central banks have done.  That way you too will have plausible deniability when all hell breaks loose and they look for someone to scapegoat.

Thanks for posting, brother, and welcome to reality!
sr. member
Activity: 686
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FREEDOM RESERVE
money is information. Bitcoin is just a way of organising information.  And as such bitcoin exists half in the blockchain and the other half in peoples minds.  The code,  and the currency.  You could almost look at it like a computer virus that spreads from human to human.

The future you describe in your post above mine.  It is a hellish vision of mysery. Would people not have the right to lynch us? The authorities to persecute us? for being the advocates of these horrors like a feindish cabal plotting a bloody coup?  Is economic and social devastation a price worth paying for trustless electronic cash?

legendary
Activity: 3052
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Kenya’s central bank is taking out newspapers ads to warn against buying Bitcoin

Every central bank I've heard of has done this.  Of course the muppets say it's cause governments are terrified of traceable, seamless, frictionless, cost saving, empowering digital money.  lol

The real reason [as I've stated before] is:  Plausible Deniability.

When Bitcoin robs the 99% every government is gonna say:  We told you to not buy Bitcoin or any crypto.

This plan is only brilliant cause people are massively predictable idiot asshats.  lol

They're gonna hang scapegoats like the Winklevii twins in the not so distant future congressional hearings while the banks, corporations and governments walk away with the entire middle class piggy bank acting clueless like they had no idea what happened. 

legendary
Activity: 3052
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Patrick Byrne, one of Bitcoin's biggest champions:  Not gonna use Bitcoin's Blockchain! 


“Maybe we’re not going to use the Bitcoin blockchain,” Byrne said. “Maybe there’s another blockchain we want to integrate with, with higher throughput.”

The “throughput” that Byrne is referring to is really the ability of the Bitcoin network to process large numbers of transactions and upload them to the blockchain without getting bogged down. As numerous spam attacks—or “stress tests,” depending on your outlook—have proven over the last year, the Bitcoin blockchain is pretty easily gummed up. If this happens, that proof of stock ownership might not take 10 minutes to go through, but hours, or even days. Another chain might not have these issues.

Cheaper, faster, less susceptible to gaming—all these things sound pretty nice, but the real question is whether anyone will actually go for it. Byrne said that Overstock is currently the only company with SEC approval to issue cryptosecurities (again, on a platform that it owns), and he was coy when I asked if Overstock would actually sell any of their stocks over T0.

---

Heads up:  iXcoin's Blockchain is a superior payment system to Bitcoin and would fit the mold Byrne is looking for.  I hit him up 2 years ago but never got a response.  But he is a Cato fan and I did have numerous conversations with them and Jim Harper, senior Cato fellow, was just forced to quit the Bitcoin foundation this past week.  Bankers now own and run Bitcoin and guys like Byrne hate bankers (see Byrne vs Gradient).

This is a long shot cause they could use i0 or a few other merged coins or even launch their own coin.

But the lesson is like I've said for 2 years, Bitcoin will be too slow and expensive and won't scale fast enough to be used daily so other merged coins will be used.  Bitcoin will just pump the planet into a new epic reality destortion field.

Last thing, who attacked [stress tested] Bitcoin this past year to prove it can't be used as a high volume tx coin and who blocked Gavin from scaling up to 20mb?

The Chinese, of course.  I said then they wanted to get their horse in the race and couldn't allow Bitcoin to become a a bank/govt monopoly coin so they killed that chance by severely limiting their scaling ability.
full member
Activity: 210
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I said in 2013 when China first banned bitcoin that it was an accumulation game and that China and Russia were secretly hoarding Bitcoin. 

A dozen "bans" later...


People’s Bank of China: Banning Bitcoin is out of Question

This means the accumulation phase is almost over and the most massive global asset pump the world has ever seen is set to commence.

=w=  oh geeze oh geeze
legendary
Activity: 3052
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I said in 2013 when China first banned bitcoin that it was an accumulation game and that China and Russia were secretly hoarding Bitcoin. 

A dozen "bans" later...


People’s Bank of China: Banning Bitcoin is out of Question

This means the accumulation phase is almost over and the most massive global asset pump the world has ever seen is set to commence.
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net

Bahahahaaaaaa. 


Bank of America files patent [in 2014] on blockchain sentry





In a US Patent & Trademark Office (USPTO) filing disclosure today entitled "Cryptocurrency Suspicious User Alert System," Bank of America (BoA) has set out to protect the ability to watch the blockchain for various events, that they call signs of a 'suspicious transaction,' and report them to the user and/or administrator as they are discovered.

The 42,000-word patent filing goes into great detail of possible customer transactions, with many variations and permutations, in order to discuss the situations where suspicious activity could be detected, and how they plan to spots such activity with their “validation engine.”

Blockchain = FUBU - For Us By Us

Hahaha...
full member
Activity: 210
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For a few hundred dollars I can have any article published by most crypto sites about myself, ixc or this crazy thread; but I refuse to pay for attention.  I'm self centered and narcissistic like that.  lol

Don't believe everything you're reading since most of these sites run on skeleton crew and are desperate for funds and clicks.

oh cool
legendary
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For a few hundred dollars I can have any article published by most crypto sites about myself, ixc or this crazy thread; but I refuse to pay for attention.  I'm self centered and narcissistic like that.  lol

Don't believe everything you're reading since most of these sites run on skeleton crew and are desperate for funds and clicks.
full member
Activity: 210
Merit: 100

Bitcoin has nearly peaked?  

Wut?

Dude, Bitcoin's fair value right now, just based on the infrastructure and tx volume is around $1,000 per coin.  Bitcoin has been heavily manipulated for 2 years now.

I say we're at most a few months away from Bitcoin blowing its top.

$10,000 will be a good deal when that happens.  We should see $1,000 increases in price [in a single day] as well as massive drops as high frequency traders and Wall Street take over.

It's gonna be the most amazing thing the investment world has ever seen.

Yeah we know the prices have been manipulated across the board for 2 years (thats no different to the real world stocks even today).

It's not going to happen Vlad, it's a pipe dream. Banks and governments will issue "digital stocks" to the market separate from Bitcoin tentatively at first with small amounts of capital. Then they will slowly increase and add assets into the system. Libertarians will adopt to use a range of cryptocurrencies I predict largely avoiding the first established ones, many attempts will also be made to draw people away from Bitcoins before they establish any worthwhile value.

History also repeats itself, for example;

1993 - The first internet search engine was created - W3catalog
1994 - Webcrawler and Lycos
1995 - Altavista, Excite and Yahoo
1996 - Hotbot and Ask Jeeves
1997 - Northern Light and Yandex
1998 - Google was established (and global market leader) - 6 years after the first (although I am sure compuserve was there in 1992))
(source: Wikipedia - https://en.wikipedia.org/wiki/Web_search_engine)
Google was obviously in development for sometime and people have stated that Google appeared as early as 1995, although Wiki sites  it as 1998.

Compare that to Bitcoin

2009 - Bitcoin
2011 - Namecoin, Litecoin, IXcoin
2012 - Peercoin
2013 - Dogecoin, Ripple, NXT
2014 - Auroracoin, Mazacoin
2015 - Ethereum

With Microrosft integrating Ethereum and the history above it shows that one of the coins from 2015 (or one of the coins from end 2014) should become the market leader (maybe Ethereum) - this is just hypothetical but fits the model. It's just an estimation based on historical comparison but I imagine it to be similar - the same can be said for Bitcoin Exchanges I would imagine, particularly if Nasdaq launches their digital currency/asset system early in 2016.

As I said before, also with Bottlecaps, actually it is within the legal rights of Bethesda to apply for commercial rights for the coin (and any premine if any exists) because legally "bottlecaps and the use of fallout imagery acts as misleading people that Bottlecaps is the property or creation of Bethesda for the purposes of financial benefit - regardless of whether it is a community coin or an "ode" to the Fallout genre" - its dodgy commercial ground there. Also on successful legal proprietorship of the coin Bethesda could begin offering money for any individual coin (i.e. the $20 paycoin model) which can then be valued higher at a later date - in fact Bethesda could have a health position in finance particularly if they invest capital into the digital currency which gamers would use (and therefore other gaming companies and platforms would start to accept - EA, Ubisoft, Steam - in fact we could see the proliferaton of a completely new genre of cryptocurrencies outwith the mainstream) the coins can then be used within their games and as a stock or transactable currency across the world is not the work of fiction.

Personally I think Bitcoin has seen its peak for now, Joe Public is likely to invest from the bottom up - buy lots of cheap coins first for greater return later on - given the current price new people are unlikely to buy in until base prices of altcoins rise sufficiently to be comparable to Bitcoin.

It's just my opinion but logically is one of the potential routes for the system to go, I expect to see huge changes in 2016 regardless Smiley

Are you shitting me ?

http://motherboard.vice.com/read/bethesda-softworks-is-the-creator-of-bitcoin-an-insane-conspiracy-theory

December 11

A user on the Bitcointalk forum constructed an elaborate conspiracy theory concluding that Bethesda Softworks, the company behind the Fallout and Elder Scrolls series, was behind the creation of the cryptocurrency that now powers leagues of digital drug pushers and libertarian thought paraders.


The poster first observes that Fallout 3 was released three days after Nakamoto published the paper that established how exactly Bitcoin would work.

“Bitcoin was invented by Satoshi Nakamoto, who published the invention on 31 October 2008 in a research paper called ‘Bitcoin: A Peer-to-Peer Electronic Cash System,’" the theorist writes. "The US launch date of Fallout 3 was 28 October 2008 and the European launch was 30 October 2008. If techies were too busy playing Fallout 3 of course they wouldn’t notice the publication of the Bitcoin paper. Sleight of hand?”
legendary
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Did you guys see the entire 2nd largest school district in the U.S. (LA) was shut down cause of a "terrorist" hoax?

Suspend everyone's civil liberties. Suspend flights. Suspend habeas corpus.  Suspends schools.  [Soon] suspend the U.S. constitution.  Seal U.S. And Europe Borders.

Shut it all down!!!  For your protection [from the bogeyman].  lol



Anybody seeing an alarming trend yet?  Testing and conditioning the mass idiot population for the coming [imminent] marshall law.  Ignore reality and keep watching porn and football, shitheads.  Hahaha.
legendary
Activity: 3052
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i hope a good future for ixcoin, do ixcoin some web wallet actually?


Thx.

Sorry, no web wallet right now.  It appears our partners are in regression mode.  lol
legendary
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i hope a good future for ixcoin, do ixcoin some web wallet actually?
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net

As for the IXC websites.

We're going through a transitional period right now and we hope to be back and in full swing in a few months.  There are partners and variables which I cannot control; although I do my best.

This should be seen as a significant added risk so please adjust your IXC position to match your risk appetite.
legendary
Activity: 3052
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Anyway good post, but I didn't know you had taken over IXcoin Vlad2Vlad? Just looked at Natashioto's history :p

Unable to connect to the website IXcoin.co by the way for some reason, is it down? Removed?


Vlad2Vlad in full effect.

I hi-jacked iXcoin back in 2013, when it was mocked, kicked and abandoned.

But it is not my coin, it belongs to [its founder] Thomas Nasakioto and whatever he wishes done with this coin is what I will do, as long as it's good for the iXcoin and the IXC community.
legendary
Activity: 912
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Most of the large stock brokerages are predicting a flat 2016 re stock prices...so I wonder what people will be investing in 😉
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