The Bitcoin Tracking Thread

[Son-of-Liberty]

Bitcoins is just a way for the cabal to steal the remaining wealth from those holding cash close to the chest. The poor do not matter (Agenda 21). We know the cabal wants a OWG and what better way to get everyone on board is to have "the people" develop a virtual global currency themselves. Can't blame the PTB for something we created, can we? When JFK tried to messy with the money, he ended up dead. When Ghaddfi tried to mess with the dollar, he ended up dead. Saddam went the same route as well. So, what prevented them from knocking off a couple of IT hacks? Nothing. This crypto-currency is being flaunted in the government/banker's faces and nothing is happening. Maybe, they're making a list of those that subscribe to circumventing legal tender laws (FEMA camp membership) or after crashing this (BTC), they'll come up with their own "new and improved" version. You will need power/equipment/internet to run (not very self sufficient to say the least)............ We are being set up.

There is some potential that this is a set up but if so I think it has grown out of their control. The software is open source. Anyone can see the code. Weaknesses are being fixed and competitors are cropping up.

As for lists. I am already on them all if they do exist.

We're not saying that this is the end all be all just another option for those trying to protect themselves from theft of their wealth.

IF it does come down it is more likely to be the result of the inherent weaknesses in the design of bitcoin to be used as a viable currency. Size of blockchain and limited supply are the biggest weaknesses I see.

[Son-of-Liberty]

The banksters/government indirectly created bitcoin by their stranglehold on the money supply and constant financial abuse of the people of the world. Only a matter of time before someone came up with a solution to the problem they created.

I don't think that bitcoin will always be the ultimate in cryto currencies however. One of the competitors it spawns will be.

[vacuum]

It's at $223 right now for a bitcoin

It's going to continue going up daily. Why? Because it's not that easy to transfer money into bitcoin and it can only be done during business hours when banks are open. Every day starting at about 6 - 7 am eastern time more money flows into bitcoin till it stops flowing in at the end of the day on the west coast. At night there isn't much trading going on because there's a fixed amount of dollars in the system.


Edit: 227.73 and rising
Attachment 4683

[Sparky]

It's at $223 right now for a bitcoin

It's going to continue going up daily. Why? Because it's not that easy to transfer money into bitcoin and it can only be done during business hours when banks are open. Every day starting at about 6 - 7 am eastern time more money flows into bitcoin till it stops flowing in at the end of the day on the west coast. At night there isn't much trading going on because there's a fixed amount of dollars in the system.


Edit: 227.73 and rising
Attachment 4683

So even though it's already up 10x since the beginning of the year, it can really only continue to go up. I think I understand now.

[vacuum]

So even though it's already up 10x since the beginning of the year, it can really only continue to go up. I think I understand now.

Since bitcoins have no intrinsic value, their price can increase unimpeded. The only thing that determines the price is how many dollars/euros/whatever there are that want bitcoins. Because the market cap is only $2 billion or so right now, there are many many dollars/euros/etc left which may want to move into bitcoin. People are just now starting to hear about it.

For example, look at how much the search volume has increased, and look at the country which is doing the searching: russia
http://www.google.com/trends/explore#q=bitcoin

Because of cyprus, russians are learning about bitcoin. The only thing stopping much more money from going into it is that it's new, and it's uncertain whether everything won't somehow go poof. The other thing is it's not too easy to transfer money right now. If you mis-type a single character of the alpha-numeric address you are trying to send your bitcoins to, it's gone permanently. So as tools make it using it more fool-proof, and as the system proves it's robustness, people will move more and more capital into it.

The only thing that's important, which would cause the price to drop, is if the system fails to work as designed. If you can't move money from address A to address B for example. Or if someone could create fake coins. Other than that it's just a book-keeping system that's 100% honest. Why would people abandon this book keeping system as long as it stays honest and is always available?



Make no mistake though, the bankers are really poweful and this is something they'd really hate. So who knows what will happen. There will be some epic price collapses I'm sure due to the heavy handed tactics they will employ. For example, they might confiscate and destroy bitcoins from an exchange. That would hurt the book keeping system. But it won't affect those who hold their own bitcoins.

It will probably be like with physical during a price collapse. You really want to buy some, but you can't, either because the exchange was swat-teamed, or it was outlawed, or whatever.

[vacuum]

It hit $239

[Shami-Amourae]

Bitcoins is just a way for the cabal to steal the remaining wealth from those holding cash close to the chest.

How? Bitcoins were developed by the crypto-anarchist community. All money "pumped" into it enriches the anarchist/libertarian movement. Why would they want to make the people who want to destroy them wealthy? Seriously do you understand how much the people who are in the Bitcoin community absolutely hate the NWO/bankers/Rothschilds?

This crypto-currency is being flaunted in the government/banker's faces and nothing is happening.

Because they don't know WTF it is. More than half the people on this forum don't know WTF it is, and this is a decent group of very intelligent, awake people. I'm pretty sure the controllers don't know WTF it is either.

They don't know how to shut it down. They know if they talk about it too much more people will get interested and they will lose total power. They have no power over this, other than shutting down exchanges (the current weakness.) This is the tool(s) we need to destroy the bankers once and for all. Their whole system is based on confidence. We have an alternative now and people are moving into that alternative. As time goes on there will be a shift (hopefully). Right now we need education and convince more people to leave the banking system and join the free and decentralized cryptocurrency movement. Prices will stabilize eventually whether its on the upside or downside and more commerce can commence. The price is skyrocketing from new entrants, not by old timers pushing up the price. This is an obvious shift.

Is this a bubble, or the implementation of new technologies? Will it return back to the long term mean?
http://gailtheactuary.files.wordpres...d-fuel-use.png

they'll come up with their own "new and improved" version.

The best cryptographers and hackers are almost all anarchists/libertarians. If the bankers/government came out with a cryptocurrency no one would use it, and it wouldn't even work since you need the users confidence for it to work. People who are computer savvy enough to even know what a Bitcoin is aren't dumb enough to trust the government. The people who are using Bitcoin are fully awake on how the banks and governments really work. They know about the Federal Reserve, they know about they Rothschilds, that's why they designed/put faith in the cryptocurrencies to BEGIN with.

You will need power/equipment/internet to run (not very self sufficient to say the least)............ We are being set up.

No we aren't. The bankers/government aren't that smart. They are just a 10 year old autistic kid with a printing press. They are not intelligent by ANY stretch. Do you have any idea how hard it is to fuck up and fail when you have a printing press? It's very hard, you pretty much have to try to fail. They can employ intelligent people to help enslave us, but as a whole these people are slow moving, and completely retarded. Imagine trying to go before the Congress and explaining what Bitcoins are, and on top of that what Cryptography is. These people wouldn't and wont get it before it's too late for them. The elites are inbred and completely detached from reality. They will lose their power before they know what hit them. The trick is to not fight on their terms, that's why we ALWAYS fail before. If you fight on their terms by doing things like voting, or using physical violence (which they hold monopolies one) they will win.

You can take Goliath down easily with a very simple weapon, and a well placed shot. Never attack an enemy who is bigger and stronger than you from an angle they expect. Find a weakness, attack them by surprise and watch them fall. We don't have to be slaves anymore. We can be free. There are solutions now with the new technologies that are emerging.

[Ares]

How? Bitcoins were developed by the crypto-anarchist community. All money "pumped" into it enriches the anarchist/libertarian movement. Why would they want to make the people who want to destroy them wealthy? Seriously do you understand how much the people who are in the Bitcoin community absolutely hate the NWO/bankers/Rothschilds?

Because they don't know WTF it is. More than half the people on this forum don't know WTF it is, and this is a decent group of very intelligent, awake people. I'm pretty sure the controllers don't know WTF it is either.

They don't know how to shut it down. They know if they talk about it too much more people will get interested and they will lose total power. They have no power over this, other than shutting down exchanges (the current weakness.) This is the tool(s) we need to destroy the bankers once and for all. Their whole system is based on confidence. We have an alternative now and people are moving into that alternative. As time goes on there will be a shift (hopefully). Right now we need education and convince more people to leave the banking system and join the free and decentralized cryptocurrency movement. Prices will stabilize eventually whether its on the upside or downside and more commerce can commence. The price is skyrocketing from new entrants, not by old timers pushing up the price. This is an obvious shift.

Is this a bubble, or the implementation of new technologies? Will it return back to the long term mean?
http://gailtheactuary.files.wordpres...d-fuel-use.png




The best cryptographers and hackers are almost all anarchists/libertarians. If the bankers/government came out with a cryptocurrency no one would use it, and it wouldn't even work since you need the users confidence for it to work. People who are computer savvy enough to even know what a Bitcoin is aren't dumb enough to trust the government. The people who are using Bitcoin are fully awake on how the banks and governments really work. They know about the Federal Reserve, they know about they Rothschilds, that's why they designed/put faith in the cryptocurrencies to BEGIN with.




No we aren't. The bankers/government aren't that smart. They are just a 10 year old autistic kid with a printing press. They are not intelligent by ANY stretch. Do you have any idea how hard it is to fuck up and fail when you have a printing press? It's very hard, you pretty much have to try to fail. They can employ intelligent people to help enslave us, but as a whole these people are slow moving, and completely retarded. Imagine trying to go before the Congress and explaining what Bitcoins are, and on top of that what Cryptography is. These people wouldn't and wont get it before it's too late for them. The elites are inbred and completely detached from reality. They will lose their power before they know what hit them. The trick is to not fight on their terms, that's why we ALWAYS fail before. If you fight on their terms by doing things like voting, or using physical violence (which they hold monopolies one) they will win.

You can take Goliath down easily with a very simple weapon, and a well placed shot. Never attack an enemy who is bigger and stronger than you from an angle they expect. Find a weakness, attack them by surprise and watch them fall. We don't have to be slaves anymore. We can be free. There are solutions now with the new technologies that are emerging.

Quoted for truth, couldn't of said it better myself. Nice job

[sirgonzo420]

New all time high: $240

How many days ago did I post a thread about it reaching parity with an ounce of silver at ~ $27?

[vacuum]

I don't think that bitcoin will always be the ultimate in cryto currencies however. One of the competitors it spawns will be.

Likely, but I think it will be around for a long time.

The misconception people have with bitcoin is that it's static, and therefore either copies of it can be created or a version 2 will come out and displace it with another crypto currency.

However, new versions of it are being released all of the time. Only the past history and total number of coins remains static. Almost everything else is subject to change: encryption algorithms used, data structures, number of decimal points available, transactions per second allowed by the network, etc. What they call a "hard fork" means that people need to update their clients. It doesn't mean people's balances change.