Gold collapsing. Bitcoin UP.

[freetrader]

If there's anybody [...]

Agent #1: Sir, our sentiment analysis has detected that Agent Todd's popularity is waning. We need to do something about it.
Office Chief: How about we create a website for him?
Agent #1: We've already run that simulation. It would only create more ridicule at this point.
Office Chief: Well, we just had him expose one of our own fake plots against Bitcoin. It'll take some time to come up with the next smokescreen.
Agent #1: I've got a genius idea. How about he says been contacted by some shady government agency doing sentiment analysis, and that he rebuffed them. That'll boost his standing among those cryptoanarchists. They won't suspect a thing.
Office Chief: I like it. Call him up.

 

[Zangelbert Bingledack]

Previously hard-bitten Core supporter /u/pokertravis is getting impatient with the regime's games.

https://www.reddit.com/r/btc/comments/4gbbcn/there_is_no_roadmap_for_bitcoin_scaling/

 

[Norway]

Agent #1: Sir, our sentiment analysis has detected that Agent Todd's popularity is waning. We need to do something about it.
Office Chief: How about we create a website for him?
Agent #1: We've already run that simulation. It would only create more ridicule at this point.
Office Chief: Well, we just had him expose one of our own fake plots against Bitcoin. It'll take some time to come up with the next smokescreen.
Agent #1: I've got a genius idea. How about he says been contacted by some shady government agency doing sentiment analysis, and that he rebuffed them. That'll boost his standing among those cryptoanarchists. They won't suspect a thing.
Office Chief: I like it. Call him up.

lol!

 

[tynwald]

Meh, it's just US gov calling:

Actually, it's probably just some dorky geek ego talking. Or, why R3 threw him out on his ass as a consultant.

 

[satoshis_sockpuppet]

He just wants to be the center of attention.
These stories are completely fabricated bullshit. He is just a drama queen.

 

[adamstgbit]

that will never work because,

what if the majority of miners are evil, and...​

[doublepost=1461602724][/doublepost]someone in the audience is asking a question:
"What if a few miners get together and mine a really big block full of...."

Peter Todd thinks: " Wow this guys knows what he's talking about, i like this guy, who is this guy!?"

 

[cypherdoc]

on the verge, baby. gotta be painful for the bears. as well, the bull bucks hardest for the bulls:

 

[theZerg]

Anyone with their finger on the pulse of world economics care to comment on the new yuan?
http://www.globalresearch.ca/china-says-no-dollars-for-new-yuan/5520618

 

[freetrader]

@theZerg : I just googled and interestingly this has been speculated for a while (though uninformed as I am I only heard of it through your post):

http://www.maxkeiser.com/tag/gold-backed-yuan/

If China were to partially back its yuan with gold it would require a gold price of $64,000 per ounce, 50 times bullion’s price today, according to a recent article from respected Bloomberg Intelligence.

Gold UP?

 

[Erdogan]

Anyone with their finger on the pulse of world economics care to comment on the new yuan?
http://www.globalresearch.ca/china-says-no-dollars-for-new-yuan/5520618

It smells like unfounded rumors. I don't believe in the gold backing. It is counter to what they are doing, massive debt creation and sometimes bailing out companies. They just proclaimed a soft pegging to a basket of eastern trading partners' currencies. To make IMF happy, they must unpeg rather than peg. And they already have two currencies, the CNY and the CNH. They really need just one, free floating, printable fiat.

I don't believe in pegging anyway. It lasts only until market pressure drive them crazy. Gold pegging last until the gold starts flowing out of the central bank.

We could want gold pegging, or even better: gold as money, and even even better better, bitcoin: free market, hard money for the world. But we will not get any of those from a central bank.

 

[satoshis_sockpuppet]

Is there another source for this gold-backed yuan story? Seems to be a hoax from what I can tell?

 

[cypherdoc]

It smells like unfounded rumors. I don't believe in the gold backing. It is counter to what they are doing, massive debt creation and sometimes bailing out companies. They just proclaimed a soft pegging to a basket of eastern trading partners' currencies. To make IMF happy, they must unpeg rather than peg. And they already have two currencies, the CNY and the CNH. They really need just one, free floating, printable fiat.

I don't believe in pegging anyway. It lasts only until market pressure drive them crazy. Gold pegging last until the gold starts flowing out of the central bank.

We could want gold pegging, or even better: gold as money, and even even better better, bitcoin: free market, hard money for the world. But we will not get any of those from a central bank.

Wise words here.

 

[cypherdoc]

the truth comes out:

[doublepost=1461615210][/doublepost]how fun:

[doublepost=1461615858,1461614898][/doublepost]don't forget; every previous significant rally has been a 10x.

don't fight the tape.

 

[cypherdoc]

pump. dump.:

 

[freetrader]

Ho hum. (SWIFT hack)

http://www.reuters.com/article/us-usa-nyfed-bangladesh-malware-exclusiv-idUSKCN0XM0DR

http://baesystemsai.blogspot.de/2016/04/two-bytes-to-951m.html

 

[cypherdoc]

archive poll:

[doublepost=1461621990][/doublepost]see new poll above.

 

[cypherdoc]

sorry. had to reset poll. had the wrong baseline.

please revote.

 

[dwaltrip]

I don't think it's a clear break up until the price holds firm above $500 for a few weeks. This push could be just toying with the upper edge of the sideways range of motion that we've seen since last fall.

 

[Norway]

I think a bull run will attract a lot of attention and increase the number of transactions per second. Blocks get full, transactions get stuck in mempool. Price will crash.

EDIT: Thank you, Blockstream.

 

[awemany]

I just posted this to /r/btc:

https://www.reddit.com/r/btc/comments/4ghp7y/scaling_roadmap_what_core_should_do/