Quote from: rpietila on November 13, 2013, 03:52:40 PM

Quote from: Zangelbert Bingledack on November 13, 2013, 04:34:37 AM

AnonyMint thinks Bitcoin is a central banker conspiracy.

Perhaps.

I don't think we can rule it out. Therefore it is smart to take that scenario into account also. Regardless of whether Bitcoin was salted since the beginning or not, as long as central bankers rule the world, the more wealth you have in any kind or form, to be ignorant of central bankers is dangerous. But the fearmongering does not take us anywhere. Rather we should prepare how to use the incredible financial resources that will soon be at our disposal, to the benefit of mankind.

CB have coerced Bill Gates &co to give away their wealth to detrimental causes such as abortion clinics, vaccination, primary ~~propaganda~~ education, GMO, climate change, and the like. If we do likewise, Bitcoin did not bring much benefit. If we do nothing, same thing. Since I am more sure than ever that bitcoin's exchange rate will continue to go up, I have given up trying to make more of them, rather try to make the most benefit of them.

See my main thread also.

Remember the larger your capital is, the less effectively you can invest it to good. This is just a fact that smaller things grow faster. Find the math in the links of my prior post.

More knowledge nearly always produces more good than more money. Money is just a claim on future labor, but the claim is only as valuable as your knowledge to deploy it.

This is why money eventually growing wings and flys away. It must be that way, else life stops advancing and dies. The wise return it back to society so it can be employed effectively sooner.

Quote from: SlipperySlope on November 13, 2013, 07:19:51 PM

I revised my bitcoin logistic adoption price analysis charts to combine four possible scenarios on one chart ..

Exponential growth (linear on a log axis as you've drawn) is inherently unstable, as no exponential growth goes on forever.

The key takeaway in my mind is the incentive for a strong altcoin is now unfathomably rich. It is unthinkable that an altcoin won't appear soon that significantly challenges Bitcoin. Luckily you will get some warning of that and time to evaluate.

If I were investing in BTC, I would be holding and buying as much as could on a regular basis and especially increasing purchases on significant dips. I am not investing in BTC because I think it is insane from a tax perspective when the G20 is planning to confiscate everything and there is not reliable anonymity in (nor that can be layered on top of) BTC (when considering the threat of jail time and targeting by the socialism as a "wealthy speculator" who caused the entire crisis). The anonymity we can layer on top of Bitcoin is maybe reliable 95% of the time if we are really careful (which most of you have no clue on), but 5% is just too risky considering the threat.

Gold fever tends to make people blind to the threats.

And I don't trust they won't clawback and raise taxes retroactively to past years! Governments do very crazy things when they implode.

It is a very dangerous time to have wealth.