Quote from: MatDerKater on January 21, 2017, 07:25:06 PM

gold will fucking sky rocket, along with the price of everything else of course....including Bitcoin.....until the PBOC order the miners to close down.

Gold should currently be around $2200 even in their highly downward manipulated system where metals never reflect true price. I have looked at numerous inflation metrics, though. It's hard to quantify because there are now more goods and services, higher population, etc, than their was 50 and 100 years ago, but some of these inflation metrics actually show the price of gold being right where it's supposed to be right now ($1200). Like I said, these metrics do not take all the right variables into account, but those metrics that lowball the price of gold show the exact opposite for silver. They show the price of silver needing to be at $25 right now and it's $17 instead.

I think silver is really going to shock people when the metals break free. Shills like Martin Armstrong, who are some of the most bearish on gold, say it will still go to $5000. Gold going to $5k would likely bring silver to 30:1 GSR or lower in the bull run ($166 an ounce), so I think no matter what you believe, there is a lot of compelling evidence that you should own some silver because it's likely to highly outperform gold.

Quote from: MatDerKater on January 21, 2017, 07:25:06 PM

I suspect that Donald Trump is going to spend big

Rather than just inflate the currency, I would not be surprised to see something much more drastic as I talk about below:

https://steemit.com/news/@r0achtheunsavory/the-r0ach-report-vol-9-how-trump-might-accidentally-help-soros-and-his-band-of-international-financiers-by-fighting-them

Quote from: MatDerKater on January 21, 2017, 07:25:06 PM

If this was the NSA' secret plan to float an alternative currency now that China, India etc are owning all the gold, then they have surely fucked this one up

Bitcoin has a pretty clear endgame:

Quote from: r0ach on January 21, 2017, 11:35:12 PM

Quote from: Miz4r on January 21, 2017, 11:07:33 AM

You don't understand how disruptive technologies work.

Please, can you not mindlessly repeat Antonopolous slogans like they actually mean something? Antonopolous is just a salesman or religious evangelist. The internet isn't some wild west where you can get away with whatever you want. The state rules the internet and most sectors of the globe are censored already. There are only two endgames for bitcoin, either the state bans it or co-opts it. The mining pools are such enormous physical attack vectors that they can shut down Bitcoin just as easily in the physical domain as the digital one even if you were able to magically camouflage all your Bitcoin packets.

So we already know the state can easily wipe out Bitcoin if they want. The next option is of course co-opting it. To do this, all they're going to do like I said before, is create a static address, alias system wrapper that goes around Bitcoin and sign laws that you're forced to use it or be considered a criminal launderer. Then once they have everyone on-boarded, they will divorce the alias system away from the native Bitcoin unit into their regular old fiat system run by the state with the bonus that they were also able to ban cash in the process to totally lock you in their system.

For the 5000th fucking time, Ted Kaczynsky was right and increasing technology always leads to loss of freedom. There is no way around it whatsoever no matter what your original intention was. The only way you're getting any freedom is by operating solely in the physical space (transacting in a fungible substance like metals), not digital, because the state never has the resources to monitor every square inch of the earth, but they can easily do so for the digital space!

All you're really doing is making it easier for the state to enslave and destroy you. Bitcoin came out before the era of them trying to ban cash at every second of the day. The thing you should be afraid of right now isn't the possibility of a bitcoin ban, it's the fact they aren't trying to ban bitcoin at all!