You got that right! Just shows how real the conviction around here in PM's was in the first place.
Maybe a better site name would be "Rising-Prices.US" That way we're covered for what ever comes along.
Printable View
http://i.telegraph.co.uk/multimedia/...s_1294271c.jpg
WE "BORROWED" THE MONEY FROM PENSION FUND ACCOUNTS AND BOUGHT BITCOINS
:rolleyes:
I think we will be merging with machines in the next 100 years. What past examples or life experiences can help us relate to that? The things that are happening in the world right now are absolutely mind blowing. We are in a world were less and less people can find work since machines are so efficient that frankly most SHOULDN'T have to work anymore anyways if we theoretically ran things efficiently with current technology.
I work and live in virtual reality. I have a strong tie to technology spiritually and consciously. I'm what you might call a transhumanist (the non-control freak NWO kind though.) I believe that technology is of course a double edged sword. Those of us who believe in freedom and liberty have to constantly use it to the max to free people or the bad psychopaths who wish to enslave/harm us will do so.
Buying Gold/Silver wont take down the bankers. Creating a decentralized free market system MIGHT do it though. We are all so used to seeing rigged markets all our life than when we see a real, unrigged one it probably looks like a scam or a joke. The Rothschilds have run this system for about 300 years now and its time to end it once and for all. I have no plans on selling my Gold/Silver anytime soon, and wont trade it for any cryptos at this point. Precious metals are something physical that will always have value, so they have an important place as money, but they won't change the world.
If we don't do this, or something like this, these bankers, these psychoapths in charge will enslave us in ways so unimaginable that there will be no returning from it. I don't see any other options than to fight fire with fire.
The nature of the free market... It doesn't always do things we think is right. If it were up to me gold and silver would be the natural medium of exchange. It's served that purpose well until it got controlled and manipulated to service a select few. If you're posting on this forum, you aren't part of that few.
Bitcoin or crypto currencies aren't perfect. But they do offer a solution. That solution is what has Central Banks scared at the moment. The first time probably in any of our lifetimes that they are generally scared of something.
Does that not at least bring some satisfaction?
Oh boy EE_ did you ever stop to think these E-coins are a created diversion keeping you from holding one of the most undervalued and manipulated down assets classes in Silver?
They want PM's to fly up when nobody but a select few are holding them. Like Bill Still said, JP Morgan just switched to the longs. Hopefully it isn't enough to let them survive.
:rolleyes: getting rich off of Bitcoins that were literally created out of thin air is as jew as it gets...lol.
I talk about precious metals whenever I can, but there's not much going on in the precious metals market right now. I mean we talk a lot about Chimpouts, International Jewry, SHTF, and all that. I personally wish we talked about guns/ammo more on this forum since I have a deep interest in that too. Unfortunately it's hard to get away from cryptos.
I do think Precious Metals will start going up pretty soon and there will be a lot of excitement in them again. The fact that less people seem to want Precious Metals right now makes them sound like a good buy right now.
Sure it's possible it's a diversion. Whatever, it's working really well, PM sales in the US and at the Perth mint are falling off a cliff.
How many more tricks do they have in store to beat metals down?
When you can print all you want, you can do anything and get people to do anything for you.
Just so long as everyone doesn't turn into JoeKing and think space junk is not a torment to future generations.
There's nothing immoral about exploiting these things for what they really are, a nothing.
Why satoshi included that part about adding little scribbles and such to your Bitcoin transaction...could you imagine if each FRN including the replicated artwork were held in byte form somewhere?
Talk about a block chain with no future but centralized...lol! :)
Ares
http://gold-silver.us/forum/images/s...ser-online.png
Bitcoin Miner <---
In November 2008, a paper was posted on the internet under the name Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System. This paper detailed methods of using a peer-to-peer network to generate what was described as "a system for electronic transactions without relying on trust".[3][4][5][6] In January 2009, the Bitcoin network came into existence with the release of the first open source Bitcoin client and the issuance of the first bitcoins,[4][7][8][9] with Satoshi Nakamoto mining the first block of bitcoins ever (known as the "genesis block"), which had a reward of 50 bitcoins. The value of the first bitcoin transactions were negotiated by individuals on the bitcointalk forums with one notable transaction involving a 10,000 BTC pizza.[4]
Imagine giving away your 10 million dollar lottery ticket for a couple pizzas? I don't think I could ever eat a pizza again.
http://comedyorb.files.wordpress.com/2011/03/pizza.jpg
mined out of air
This is why the Quark coin looks attractive in a finite bubble, apparently Satoshi made the difficulty in mining option a variable?
Quark has managed to produce nearly all their coins in 6 weeks, thus becoming the most "finite" among the coins in near real time terms, while also being the most efficient in completing their mine cycle.
While Satoshi paved the way with miners as a vested interest in his utility, they are no longer required and can be shed like space junk (towards the sun or moon hopefully) :)
peace out, Ares...
Yep, so I know what kind of hardware you'd need to mine bitcoins. I also work in Information Technology for a living and know that the NSA has specialized hardware for data acquisition and storage. I also know that said equipment is not optimized for mining bitcoins. Even if it was CPU based doing a couple million mega hash, it still pales in comparison to a single specialized ASIC unit doing 3 TeraHash (3,000 giga hash, 3,000,000 Mega hash)Quote:
Ares
Bitcoin Miner
You can see in real time which pools are doing the majority of the hashing.
http://static.blockchain.info/pools.png?format=png
Even if the NSA or some government alphabet agency was the "unknown" does it even come close to some of the larger pools on there?
NOPE!!
Not to mention that the pools are all competing with each other to solve a block.
laszlo, the Florida programmer who bought those two pizzas for 10,000 btc, is still doing ok btc-wise, methinks. His transaction helped to spur trading and bartering in bitcoin, and without his pizza buy, the rest of his bitcoins might be nominally worth less in FRNs.
EE you come across as quite avaricious, especially of late. It is unbecoming of you.
Exactly what do you think has prevented these bankers from buying up the majority of the mined bitcoins during the last year what's the 300 dma of bitcoins? $80? If they did, you can rest assured it will stay, but manipulated and diluted, with bitcoin futures, derivatives, ETF's, where they can soak up any increase in demand, by just issuing more junk paper, and they make their money on being perpetually short. The only difference with gold and silver is that they are tangible, and they are not replaceable with a similar looking metal in the periodic table, like crypto-coins are. And there are not a virtually endless supply of new metals waiting to be introduced into the periodic table.
Look I do understand your sentiment, I really think I do at least, but crypto-currencies can as easily be controlled by banksters as gold, probably more so (as it is much cheaper to buy into 12 million bitcoins at $80-150, than 5 Billion ounces of gold at $12-1500, and thus they are not a good vessel for our liberation. Silver may actually be a better liberty liner since probably most of it above ground is in common mans possession, and it has been too cheap for the über-rich to consider it as a store of wealth (a ton is only $650,000 a thousand tons is $650 million, which for many über-rich is a small part of their wealth).
A banker can sell a naked paper short of Silver into market, artificially lowering the price of Silver and "increasing" the supply. You can't do that with a Bitcoin. You buy what exists, not what you write down on a ledger. We don't know exactly how much Gold/Silver ounces are above ground. We know exactly all the Bitcoins in existence. If these fuckers try to do a centralized version, people will know and most likely not buy into it.
All they can do is buy up Bitcoins and sell them. If that happens you've pretty much just made a bunch of Libertarians and Crypto-Anarchists rich, and they will take their new wealth and form a new cryptocurrency.
Silver is the only option for Free Republics since the beginning of time and civilization.
When its coinage purity becomes lessened and dilluted you are not living in a free republic anymore. When you you are living in a Gold controlled nation you are trading wood nickels, while pharaoh trades gold.
Some things never change.
Did I mention it kills masons?
Explain to me why a banker can't do what they did with silver and gold and apply that to bitcoins. I agree with buying what exists, but most folks thinks it is probably safer and more convenient and easy to buy the banker guaranteed ETF, or a low fee down future or derivative of the real thing, because that way they can maximize the profit on their 'investment', meanwhile the banker ass rape them...
If given a choice, do you think they would buy Silver coins or Bitcoins?
http://www.mobilemarketingwatch.com/...gh-300x225.jpg
If all things were good and proper, in a free republic we keep real money away from women.
Maybe allow them to carry a few doubloon bells around their ankles, as the height of fashion...http://gold-silver.us/forum/images/smilies/smiley.gif
Attachment 5768
Though there are exceptions to every rule...
I seriously doubt whether many americans will be even able to keep their lights on let alone along with internet and cellular service
long enough to give e-coins a chance.
The Chinese elite are just gambling with all their useless dollars currently.
Until they open up the streets to them.
From Pandora's Box comes E-flakes theme song.
http://www.youtube.com/watch?v=RsOMpXH9OjU
Feather coin
http://wwwdelivery.superstock.com/WI...566-063882.jpg
Just shut up, sit down, and listen to the music, Neuro.
http://www.youtube.com/watch?v=gzdWPwVTWsI
E-coins are a finite substance for the aspiring banker of tomorrow.
If you can't beat them join them.
Ps. Don't forget to read the white papers.
This site shows profitability of a bunch of various alt coins. Worldcoin isn't doing too badly.
http://www.coinchoose.com/
what mickcoins going for now