What is the elites plan when they get back from the island? - page 2.

Bralex

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Quote from: gweedo on February 09, 2015, 03:16:26 AM

I heard on a secret forum, they are going to pay the foundation to make bitcoins a proof of stake coin.

I AM JUST SAYING...

What do you guys think is going to happen? The protocol is going to change overnight LOL Whatever happens will not effect bitcoin in the least bit. Now if they were banks I be scared.

Thanks for your input,

This is why i created the thread i do not know what will happen when they return if anything, i was looking for opinions and i have got what i was looking for.

Maybe not overnight but the decision could be made over the next few days by just a few to benefit just a few.

We will check back in a few years see if this group has turned out like the bankers.

Quote from: CoinCidental on February 09, 2015, 03:16:06 AM

whales will still be whales .......
bitcoin will never be distributed equally or fairly amongst the 7 billion people on earth
just like every other wealth or resource on the planet ,top 1% will control most of it

the whales with 500k btc arent going to just disappear ,there will always be the welathy exchange owners,investment capitalists and such people who get a % of every trade so there will inevitably be a
huge ever widening gap between the rich and the poor

just the way the world goes around folks .........

Have to agree however saddening it is.

Quote from: caga on February 09, 2015, 03:18:22 AM

Maybe a conspiracy. Lets just hope its nothing to do with the price but the development of the platform.

This is pretty much all we can do is hope it's nothing to major which is to only benefit themselves.
Developments sound ideal Grin

Cheers guys

Bralex

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Quote from: gogxmagog on February 08, 2015, 11:10:41 PM

"Old-School Cypherpunk" Vinay Gupta seems to think the bitcoin foundation is not such a good thing. see near the end of this article---> https://bitcoinmagazine.com/18000/bitcoin-is-teaching-realism-to-libertarians-an-interview-with-old-school-cypherpunk-vinay-gupta/
"And then you have the Bitcoin Foundation, which is emerging naturally from the Bitcoin environment simply because it has established an economically efficient configuration. By paying the technical priesthood of Bitcoin known as the Core developers, the Foundation has created a huge amount of centralized power within a system that didn’t really start with any, which has now effectively turned it into a natural monopoly. And once you have a monopoly, it looks like a state. No wonder that the Bitcoin Foundation looks so frightening."

He goes on to suggest that we, any of us, could start another Bitcoin Foundation, or several. There's nothing stopping you.

I agree with the 'Old-School Cyberpunk' one main foundation is not a great thing.

The central control is terrible and not needed within Satoshis decentralized coin , like you say turning it into a kind of monopoly is not the way to go.

This is what can change it! 'WE' as a community can start another BIitcoin foundation or more, hopefully more.

I am going to read over the link again it was real late lastnight when i attempted it thanks for the information.

Q7

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I don't expect anything out of extraordinary to happen or took place during that meeting that is going to impact or change the bitcoin scenario. Probably just a casual face-to-face meetup to share how cool their bitcoin experience was.

ForexTE

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Just what Bilderberg does after returning from their meeting!

oneworld2015

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I think the point of the meeting was twofold:

1. Add more allure to the Bitcoin elite. I've met a few of the attendees. They are very smart individuals who really seem to believe in the promise of bitcoin. They know while we may never know who the true identity/identities of Satoshi Nakamoto, there can at least be a myth surrounding a group of self-proclaimed large bitcoin whales who are influential thoughtleaders on the market direction of bitcoin.

2. If anything, the trip was another way to network, unwind, and formulate a strategy to take bitcoin to the next level with regards to mainstream and capital market adoption.

CoinCidental

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Si vis pacem, para bellum

Quote from: Will.i.am Shakespeare on February 09, 2015, 05:39:06 AM

Quote from: MilesJohan on February 09, 2015, 05:36:13 AM

Quote from: gweedo on February 09, 2015, 04:18:18 AM

Quote from: CoinCidental on February 09, 2015, 04:12:33 AM

just because the venue is a remote island doesnt make much differnce IMO

Actually as someone that had the opportunity to go, but didn't act on it for my own views about some of the people there. I have to agree and disagree. I think they all wanted to go to a nice vacation spot, but I would have enjoyed just listening on skype more than flying to a remote island.

Wasn't it going to be streamed live online ?

Well if it is that would certainly put an end to all the omg it's a secret bilderburger Illuminati meeting. People really like to stoke up a fuss about nothing on here sometimes.

conspiracy theorists would still claim that there was a streamed meeting for the public and then they had a secret private meeting as well lol

if theres really 60 people in attendance im sure some of the content will leak onto some podcast in the next few weeks .......

Will.i.am Shakespeare

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Quote from: MilesJohan on February 09, 2015, 05:36:13 AM

Quote from: gweedo on February 09, 2015, 04:18:18 AM

Quote from: CoinCidental on February 09, 2015, 04:12:33 AM

just because the venue is a remote island doesnt make much differnce IMO

Actually as someone that had the opportunity to go, but didn't act on it for my own views about some of the people there. I have to agree and disagree. I think they all wanted to go to a nice vacation spot, but I would have enjoyed just listening on skype more than flying to a remote island.

Wasn't it going to be streamed live online ?

Well if it is that would certainly put an end to all the omg it's a secret bilderburger Illuminati meeting. People really like to stoke up a fuss about nothing on here sometimes.

MilesJohan

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Quote from: gweedo on February 09, 2015, 04:18:18 AM

Quote from: CoinCidental on February 09, 2015, 04:12:33 AM

just because the venue is a remote island doesnt make much differnce IMO

Actually as someone that had the opportunity to go, but didn't act on it for my own views about some of the people there. I have to agree and disagree. I think they all wanted to go to a nice vacation spot, but I would have enjoyed just listening on skype more than flying to a remote island.

Wasn't it going to be streamed live online ?

adamas

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VIS ET LIBERTAS

Quote from: Rampton on February 09, 2015, 03:54:07 AM

What will happen? Absolutely nothing.

Quote from: Bralex on February 08, 2015, 08:33:31 PM

Bitcoin was meant to be decentralized and open this seems to be quite the opposite imo

And it still is, but that doesn't mean groups of people can form their own boys club. Let them have their secret meetings. It doesn't matter.

If you can't beat them, join them, if you can't join them, beat them, because they won't be expecting you to beat them, you will have the element of surprise Wink

gweedo

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Quote from: CoinCidental on February 09, 2015, 04:12:33 AM

just because the venue is a remote island doesnt make much differnce IMO

Actually as someone that had the opportunity to go, but didn't act on it for my own views about some of the people there. I have to agree and disagree. I think they all wanted to go to a nice vacation spot, but I would have enjoyed just listening on skype more than flying to a remote island.

CoinCidental

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Si vis pacem, para bellum

Quote from: caga on February 09, 2015, 03:57:51 AM

Quote from: Rampton on February 09, 2015, 03:54:07 AM

What will happen? Absolutely nothing.

Quote from: Bralex on February 08, 2015, 08:33:31 PM

Bitcoin was meant to be decentralized and open this seems to be quite the opposite imo

And it still is, but that doesn't mean groups of people can form their own boys club. Let them have their secret meetings. It doesn't matter.

They are probably discussing developing the infrastructure further. Its a meeting of smart people. They are already making money with theiur existing ideas, and don't need a meeting just to make more.

they could have had the meeting on skype if they wanted to ,just because the venue is a remote island doesnt make much differnce IMO

it may be to address important issues such as switching to the incoming hard fork and other things that need to be in sync

i would assume they all want to switch to the new fork at the same time to prevent transaction mixups at the exchanges and all sorts of important shit

AGD

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Keeper of the Private Key

detoxification

caga

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Quote from: Rampton on February 09, 2015, 03:54:07 AM

What will happen? Absolutely nothing.

Quote from: Bralex on February 08, 2015, 08:33:31 PM

Bitcoin was meant to be decentralized and open this seems to be quite the opposite imo

And it still is, but that doesn't mean groups of people can form their own boys club. Let them have their secret meetings. It doesn't matter.

They are probably discussing developing the infrastructure further. Its a meeting of smart people. They are already making money with theiur existing ideas, and don't need a meeting just to make more.

Rampton

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Activity: 525

Merit: 500

What will happen? Absolutely nothing.

Quote from: Bralex on February 08, 2015, 08:33:31 PM

Bitcoin was meant to be decentralized and open this seems to be quite the opposite imo

And it still is, but that doesn't mean groups of people can form their own boys club. Let them have their secret meetings. It doesn't matter.

CoinCidental

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Activity: 1316

Merit: 1000

Si vis pacem, para bellum

Quote from: turvarya on February 09, 2015, 03:09:04 AM

Could anybody in here, just tell me, what is so bad about this meeting?
What outcome do you fear? What can this "elite"-group really do that will hurt Bitcoin so much?

they could pool their combined resources to swing the price any which way they want and reap huge profits from the unpredictability they cause in the market ,thats only one of the damaging things they could do

they could do quite a lot of damage if they have the majority of the btc whales on board ,especially the exchange owners who can transact for free with other peoples coins ,they are the most dangerous IMO

caga

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Maybe a conspiracy. Lets just hope its nothing to do with the price but the development of the platform.

gweedo

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I heard on a secret forum, they are going to pay the foundation to make bitcoins a proof of stake coin.

I AM JUST SAYING...

What do you guys think is going to happen? The protocol is going to change overnight LOL Whatever happens will not effect bitcoin in the least bit. Now if they were banks I be scared.

CoinCidental

legendary

Activity: 1316

Merit: 1000

Si vis pacem, para bellum

Quote from: ajareselde on February 08, 2015, 09:02:53 PM

Quote from: Bralex on February 08, 2015, 08:33:31 PM

Most of you guys probably already know there is a private get together for the elite of the Bitcoin world i would like some opinions to what you think they are planning for when they return.

http://www.coindesk.com/bitcoin-elite-meet-secret-island-bilderberg-style-retreat/

Will we expect a crash?

Will we get good news?

Bitcoin was meant to be decentralized and open this seems to be quite the opposite imo

Doubt it will have negative effect on price, since we are allready down too much, but who knows, maybe there will be yet another dip before
we start going up again.
Dont be mistaken, bitcoin is decentralised, and theese kind of elites will disappear with time as bitcoin get more widespread.

cheers

whales will still be whales .......
bitcoin will never be distributed equally or fairly amongst the 7 billion people on earth
just like every other wealth or resource on the planet ,top 1% will control most of it

the whales with 500k btc arent going to just disappear ,there will always be the welathy exchange owners,investment capitalists and such people who get a % of every trade so there will inevitably be a
huge ever widening gap between the rich and the poor

just the way the world goes around folks .........

BitCoinNutJob

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Quote from: Bralex on February 08, 2015, 08:33:31 PM

Most of you guys probably already know there is a private get together for the elite of the Bitcoin world i would like some opinions to what you think they are planning for when they return.

http://www.coindesk.com/bitcoin-elite-meet-secret-island-bilderberg-style-retreat/

Will we expect a crash?

Will we get good news?

Bitcoin was meant to be decentralized and open this seems to be quite the opposite imo

Im not expecting anything to happen quick its more a team bulding exercise i reckon. Overall its bullish for the big holders to communicate closely.

turvarya

hero member

Activity: 714

Merit: 500

Could anybody in here, just tell me, what is so bad about this meeting?
What outcome do you fear? What can this "elite"-group really do that will hurt Bitcoin so much?

Topic: What is the elites plan when they get back from the island? - page 2. (Read 2712 times)