thnx for the replies guys and gals
This thread does a diservice to those whom are collecting Vega64's i know, but in support to the greater good for all humanity i felt the need to start this thread. The more people mining the faster we can rid the banksters from our lives.
There is a pitfall and its about to go live next week, i am refering to the inclusion of Bitcoin futures on the CME. Most people have no idea what the implications of this are so i will try to explain.
i have been trading the commodities and stock markets for over 25years. The biggest threat to the banksters is competition to their ponzi scheme called the petrodollar where they create dollars out of thin air backed by a Promise to pay the bearer (hence Promisory note) and lend it at interest to our goverenments who in turn charge the populace and compound interest ontop, tax, and inflate. Up until 7 years ago the only serious and historical threat to their evil scheme are the precious metals namely Gold and Silver, which has been a store of value and medium of exchange for millenia in human history.
Via the introduction of said metals and all traded assets on the futures exchanges one is able to buy or sell at a price in the future using a fraction of the actual worth of the trade in exchange and that sets the price of today. The introduction of derivatives takes this proccess one step further and now one is able to buy or sell at a fraction of the fraction of real cost.
If one was to calculate the price of Gold and Silver from 1913 till today by simply adding inflation from then till now Gold should be worth $6000 and silver $730
http://usdebtclock.org/ (look on the right down) and yet the prices are $1250 and $15,80, a far cry from their real value.
How is that possible?
To make it simple,
i have an apple, you buy my apple and we agree the price to be $1 (price discovery) transaction happens (Buying a stock or commodity at face value)
i have an apple, you PROMISE to buy my apple in a month from now and give me $0,10 as a deposit, price of the apple is set at $0.10, a month from now you change your mind and dont follow through your promise so i keep the apple and the $0,10 (Buying an OPTION of a stock or commodity)
i have an apple, you PROMISE to PROMISE to buy my apple in a month from now and give me $0,01 as a deposit thus price is set at $0.01, a month from now you dont PROMISE to buy my apple i keep the apple and $0,01 (buying a DERIVATE).
Now i did not know that you are creating the money out of thin air and can flood me with endless promises to promise to buy thus reducing the price of my apple to the level of your desire therefore you can go direct to the apple farmer and buy his apples for $0.01 a piece as this is price set in the markets like the CME.
Come forward to Bitcoin. Today buying a BTC will cost you $15 000, but with the inclusion of BTC on the CME you can now promise to promise to buy a BTC and pay $15 for it.
I see the subhuman scum on a daily basis bombing the prices of Gold and Silver (and others) with paper promises using money they create out of thin air backed by thin air because these metals are an institutional threat to their scam and have been caught doing it multiple times and fined topence (meaning nothing) for their illegal actions and are allowed to carry on.
http://www.zerohedge.com/news/2016-04-14/first-silver-now-gold-deutsche-bank-admits-it-also-rigged-gold-prices-legal-settlemehttps://www.bloomberg.com/news/articles/2016-04-13/deutsche-bank-settles-silver-price-fixing-claims-lawyers-sayCRYPTOCURRENCIES ARE FROM THE PEOPLE FOR THE PEOPLE CONTROLLED BY THE PEOPLE
and institute a far greater threat to the filth than any other asset, commodity, currency
when you use dollars they are processed and held by the banksters and are taxed levied and stolen by said filth aside from the fact that your dollar today is worth 90cents tommorow because of inflation
when you use Crypto you are functioning ANONYMOUSLY and INDEPENDENTLY from the banksters
WHEN YOU MINE CRYPTO YOU ARE REPLACING THE BANKS MAKING THEM IRRELEVANT by adding BTC on the CME the subhuman excrement can now bomb the price of BTC back to $0,0000000001 if they choose using fake dollars on a fake exchange between fake people.
thats why GPU mining has a future that ASIC is giving away
and what better GPU to use for this......yes you guessed it VEGA!!!!! (hahahahah)
ok rant off back to screwing the filth