Quote from: AnonyMint on April 03, 2014, 04:06:29 AM

There is no "game over" for Bitcoin. Just as the adoption won't accelerate the current acceleration, it also won't decelerate the current acceleration. Compounded growth is acceleration of nominal, even when the rate of compounding is declining. Humans are very fooled by this.

We are merely finding an equilibrium where the reality is, not where Risto et al's linear fit to a non-linear curve tricked everyone into thinking the equilibrium was. Risto is still believing his own Koolaid. Fantastical dreams diehard.

Quote from: windjc on April 03, 2014, 03:49:24 AM

Quote from: aminorex on April 03, 2014, 03:47:27 AM

Quote from: mgburks77 on April 03, 2014, 03:38:35 AM

what in your opinion happens to those big farms if the price hits -$200?

Blockchain fork would appear to be the dominating strategy.

What do you mean? Who would that help? That would just hurt everyone.

If the government regulates the mining to take over, the price will not go down and there won't be any mass exodus nor fork, it will go up. And the masses will pour in. That comes later when it is time for that stage in Bitcoin's natural adoption nexus.

Bitcoin was carefully designed for this outcome by some very astute strategists. Appears to be the work of a black budget think tank.

Note my prior post I provided a link to Catherine Austin Fitts audio interview wherein she describes the $4 trillion black budget of the USA. It is incredulous but true. Secretary of Defense Rumsfield confirmed $2.3 trillion of it the day before 9/11 and then all the records were destroyed by the ~~missle~~airplane that hit the Pentagon the next day. Armstrong has also written about this and has inside knowledge. Just last week, a smoking gun book was published by Jim Rickards (former covert agent) who was in the room with the government and also corroborated by Max Keiser's first hand conversions with Cantor Fitzgerald admitting that government was aware of the short options on two airlines before 9/11.

Do you have a source to say that Rickards is a former covert agent?