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Showing 14 of 14 results by christiancoin
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Board Bitcoin Discussion
Re: satoshi - bitcoin - lost of anonymity
by
christiancoin
on 09/03/2014, 20:42:00 UTC

[/quote]
There's no such plan, it's conspiracy theories made up by filthy hippies with dreads who has been on drugs for too long.
I saw the documentary about google e-books, I know who the conspiracy theorists are.
[/quote]

To think that people still trust politicians, news reporters, big business, etc... at their face value is amazing to me.  In light of recent documents being exposed, it's difficult for me to understand how smart people won't look past the surface. 

I guess it's easier to believe what is told to you than to look deeper.  Conspiracy theories of a decade ago are now common knowledge. 

Anyway...many can read an article or information and regurgitate the info back.  Real thinking is looking between the lines.
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Topic
Board Bitcoin Discussion
Re: Dorian, Bitcoin, and NSA
by
christiancoin
on 09/03/2014, 19:40:57 UTC
If the NSA was behind bitcoin, then Snowden could have leaked that.

Give it time.  There is much that hasn't been revealed. 
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Topic
Board Economics
Re: Bitcoin and Gold
by
christiancoin
on 09/03/2014, 07:17:27 UTC
I've worked in the gold and silver business for years.  I've had the privilege of seeing exactly how people felt about precious metals and why they were buying them.  I got to feel the ups and downs in the physical market and compare them to the paper market.  Btw...I bought and sold on a fairly large scale.

I can tell you that a LARGE number of my customers were buying gold and silver in preparation for chaos and a US dollar collapse.  I believe them too because so far history has shown that to be the case.  I assumed that when gold and silver came down, I would have the opportunity to buy a lot of the gold and silver back that I had sold.  That wasn't the case.  Largely, people didn't liquidate their physical holdings.  It wasn't just my business either.  It was industry wide.  

During that time, I also saw an enormous detachment from the physical and paper world (I can't recall the exact dates right now).  Gold and silver were seemingly getting crushed in the paper market but the physical demand was crazy.  If I could have gotten my hands on more silver at the time I could have sold it all.  It simply wasn't to be found.  Why?  If the paper market is getting crushed the physical should follow.  At least that's the way it generally worked before.  How could the physical be so hard to find if the paper market is in a sell off?

So, I actually have a point.  Gold and silver have "forces" keeping it down.  It is not beneficial for some people if gold goes too high.

That being said...it won't stay down forever.  I would wait to get in until it breaks out of it's current range (especially silver).  
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Board Bitcoin Discussion
Re: Dorian, Bitcoin, and NSA
by
christiancoin
on 09/03/2014, 06:43:11 UTC
Regardless of who is correct about theories. You should definitely read Spaceship Earth by Bucky Fuller. It's a mind blower, for sure.


I'll check it out.
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Board Bitcoin Discussion
Re: Dorian, Bitcoin, and NSA
by
christiancoin
on 09/03/2014, 06:02:30 UTC
almost correct. But slightly off mark.
My thoughts.

from - https://bitcointalk.org/index.php?topic=240095.0

In Spaceship Earth, Bucky lays out the grand scheme of change.
The Old World Order consisted of Kings and bloodlines who ruled the Earth.
These bloodlines built large ships to travel across the ocean and bring back goods and products, including foods, oils, cloth, and jewelry and gold and silver.
The Kings built their empires by taking from other lands and importing wealth via large maritime ships. These were the first Pirate Ships.
The Pirate ships had to be led by Captains versed in sailing the high seas, and thus the Captains and their crew were so depended upon by the kings and land rulers that they became subservient to them in the long run. Without the Merchant vessels being led by able Captains the Kings could not gain more ground, and build more wealth. The Captains of the ships, the Pirates became the new wealthy. They ruled the Maritime, and brought it on shore with the advent of Maritime Law, combined with Merchant Law and Equity. These were the new wealthy elite, the Pirates, otherwise known as the Freemasons.
The Freemasons built a solid, powerful empire on land, created all forms of governments, and created the most powerful, devastating force the world has ever had to reckon and deal with, the Modern Fiat Federal Reserve Central Banking System, which now loans it's imaginary credit to all nations, takes land, and wealth in the form of interest on those loans and preys on all people, behind the scenes, and in almost complete stealth. They are now the true rulers of man.
Buckminster Fuller wrote about how there is a new elite evolving on the planet since the advent of computers. Now, in this modern day and age, it's different than it was70 years ago. Today, the governments of the world rely on computers for all forms of communication, economics, banking, and most importantly, WAR!  But the elite money makers rely on one new group of people for their survival, the new technocracy, the technological crowd, the geeks, the programmers, the nerds, and the underdogs of society, to many. These "geeks and nerds" have no desire for war, they only want to hack, crack codes, and play games. But they are NEEDED by the banking elite to enforce the agenda of the New World Order.
So, while the bankers are busy funding government, funding war, funding surveillance and code breaking, the new technological crowd decided they would change the game, once and for all, COMPLETELY, and finally OVERTHROW the Old World Banking crowd, and institute their new form of democratic technology (technocracy) at it's finest,

and we now have "Bitcoin".

Goodbye Bankers, Goodbye!

 (in other words, .... They did it for their OWN ends, not to create a currency that could be tracked, but to create one they could use themselves, that COULD NOT be tracked.)




Ahhh...someone is ready for my thoughts.  I agree with you.  I don't know the end or claim to.  I can't possibly think along the lines of these people.  I can only hope to put things together afterwards through critical thinking and project forward based on my beliefs.  I have several theories on how they will/can use Bitcoin to their advantage.  We have to remember...even they must react.  They plan actions to solicit reactions.  They can't be assured of the reactions but they can react to them.  

I definitely agree that they need the tech crowd.  Why not create Bitcoin to insure those are the people that survive?  Aren't the tech people primarily getting in?  Or at least people that are smart enough to understand it?  Why not create a currency that we can fight over?  While they have commodities.  
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Board Bitcoin Discussion
Re: Dorian, Bitcoin, and NSA
by
christiancoin
on 09/03/2014, 05:46:06 UTC
lol, yeah the "global elite" "banksters" would never release a currency where from the beginning they owned 10+ % under one sole name (Satoshi) plus whales control the majority of the rest of it.

Don't the richest 85 people in the world control 50% of the money.

Bitcoin is controlled by the 0.1% too

http://www.washingtonpost.com/blogs/the-switch/wp/2014/03/03/forget-the-1-percent-in-the-bitcoin-world-half-the-wealth-belongs-to-the-0-1-percent/



Ooh yeah, currency of the people. lol

It might be the .1% that owns them, but in my humble opinion it's the smart people...which ultimately divides further.  I could go into much more detail, but I'm not sure this forum is fully ready for my philosophies.
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Topic
Board Bitcoin Discussion
Re: Dorian, Bitcoin, and NSA
by
christiancoin
on 09/03/2014, 05:23:32 UTC
Interesting theory...

However,  Conventional wisdom would certainly say that the
Last thing on earth the global elite would ever want
to do, is start the cryptocurrency revolution and
challenge their own control over the issuance of money.
This would be death to the banksters that rule the US
Government.  But,it could have been something that slipped
Away from them.

However, if it turns out the NSA is behind Bitcoin,
I think it is better to have a public blockchain
if it means a return to honest money and the end
of federal reserve , fractional reserve, inflation and other
shenanigans.

And I think we don't even have to worry about that
because smart people are already working on
Anonymity features.

Btw the only way people would believe it, is
If the nsa signed a satoshi msg


These people think long term.  I'm not fully convinced they want to share a money system with "us" as the classes grow wider.  It seems they would much rather prefer a system that tracks for us and a cash/commodity system for them.
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Topic
Board Bitcoin Discussion
Re: satoshi - bitcoin - lost of anonymity
by
christiancoin
on 09/03/2014, 04:47:23 UTC
And the conspiracy theory continues. How much meth did you do to get the idea of someone chipping everyone?
It's some paranoia-futuristic-preapocalyptic madness. Woah.

Considering Google's plans for melding man and machine, is it impossible to think that they could have plans of "chipping everyone?"  Remember, generally their goal is to make something look like we want it.  If Google is successful and they do combine man and computer, won't people that choose to not undergo this process be at a disadvantage?  It will be difficult to compete with someone that has a search engine hard-wired into their brain not to mention whatever physical disadvantages a real human might have to a part machine.

Anyway...just a thought.

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Board Bitcoin Discussion
Re: Dorian, Bitcoin, and NSA
by
christiancoin
on 09/03/2014, 04:31:00 UTC

I like it.  It looks like he is getting hammered in the responses though.  Many different concepts get bashed...at first.
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Topic
Board Bitcoin Discussion
Re: Dorian, Bitcoin, and NSA
by
christiancoin
on 09/03/2014, 04:13:03 UTC
Anything is possible.  I love the argument that Bitcoin is the currency of the under world.  More guns, drugs, sex and other evil are paid for with the US Dollar, which is far more difficult to track. 

I would not put it past the government or the NSA to create it in an effort to track money movement. 

That said I don't believe that they did.  If they did why did it take an accidental find (fake passports) to bring down  Silk Road?  If they have the ability to track, but don't use it in an effort to not let it out of the bag then what good is it?



Those are good questions.  I was under the impression Silk Road was brought down by a mistake in a forum, but that's a side point.  I have two possibilities and they aren't mutually exclusive.  For this to take off in illegal activities it must look as though it will succeed in illegal activities.  In other words...it has to work for awhile to gain momentum.  Secondly, it isn't to a point to fully track yet.  Sure, you can track addresses and make assumptions or occasionally link transactions.  However, the systems will have to mature to connect all dots.  That's where the classification as something other than a currency and the regulations associated comes in.  One more note...you notice Ulbricht didn't spend much.  He would have possibly been tracked had he.
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Topic
Board Bitcoin Discussion
Re: Dorian, Bitcoin, and NSA
by
christiancoin
on 09/03/2014, 03:52:08 UTC
I haven't read through the whole thing because it's so damn long..but I did skim through and I can say I agree if Satoshi is connected to any government agency with the creation of Bitcoin, they might not even allow him to use the Bitcoins he/they mined.



I got carried away.  I noticed and stopped.  That's why it ends so abruptly. 
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Board Bitcoin Discussion
Topic OP
Dorian, Bitcoin, and NSA
by
christiancoin
on 09/03/2014, 03:31:05 UTC
These are simply my thoughts.

In light of recent information provided by Snowden, I believe we should all at least consider any theories that might have value.  We should also pause when labeling a theory crazy or a person a "conspiracy theorist."  Mr. Snowden revealed that the "fanatical" theories of a decade ago weren't so fanatical after all.  

Bitcoin and the NSA

It is certainly not a stretch to think that the NSA was involved in the creation of Bitcoin.  

http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm#Conclusion

This article shows that the NSA was certainly aware of cryptocurrencies and their possibilities long before Bitcoin.  I'm well aware that Bitcoin solved problems that weren't solved in this study, and I'll get to that later.

So it's clear they knew about the "possibilities" associated with a cryptocurrency.  But wait, what are the possibilities of a cryptocurrency for the NSA?  We are talking about the NSA doing research on a "currency" and not a financial branch of the government.  The NSA has no core purpose for a currency other than to fulfill its ultimate purpose...monitoring.

What better way to monitor transactions than a public ledger?  Especially a public ledger that has an illusion of anonymity.  

So, you give it the illusion of anonymity, but you provide a way to ultimately track if it's converted to cash.  How do you do that?  You don't label it a currency.  You create a new label.  The new label requires a money transmitter's license.  I'm sure many of us have looked at the requirements for a license and understand how it limits the number of people/companies that can fulfill these requirements.  FinCEN limited the number of companies to monitor and I can assure you the AML reporting requirements are heavy.

Why wouldn't the government just crush Bitcoin?  Please don't tell me that they couldn't if they wanted to.  They might not be able to stop it, but they could cripple it enough during this stage to put its future in jeopardy.  They could outlaw it, bash it in the media (as if they aren't already...but I believe I know why), and give it an even worse reputation making legit U.S. businesses turn from it.  It might not kill it, but it would hurt.  Not to mention the pressure they would put on the many governments they give money to to make it illegal as well.  Don't think those things don't happen.

In my humble opinion, I believe this started as an NSA project.  It started to track the movement of money.  Only they aren't just trying to track the movement of money to make arrests.  However, that's a topic I won't discuss.

We have a situation now, where I believe Bitcoin has evolved past their expectations.  What started as a project has become a successful one.  Now, banks (i.e. J.P. Morgan) are scrambling to figure out how to get in.  They realize they are at risk of being squeezed out.  They are getting patents, and I'm sure lobbying to get laws passed that will help them fit in.  Of course, it will be under the disguise of protecting us.  The big, more established banks will of course be able to "protect" us better (sarcasm).

Where does Dorian fit in?

In my OPINION, I believe Dorian is Satoshi.  I just don't believe Satoshi is a person.  I believe it is a group...the NSA.  I believe Dorian (Satoshi) was a component of the group.  I do believe he was a key component.  I believe Dorian solved the previously mentioned problems that were absent in the original NSA cryptocurrency study.  I am NOT a computer person, but I do know the blockchain was a significant contribution that solved previous problems.  I'm sure there are many others well above my head.

The point is that Dorian clearly had an avenue to showcase his skills before the NSA.  He worked in a field that involved cryptography (to the best of my knowledge...please don't blast me if I'm not technically correct) and for a company clearly involved with the NSA.  He also worked on classified projects.  I believe this eccentric man solved some of the problems and became the name they gave the person who created it.  I'm not sure if they didn't realize what that could lead to (highly unlikely), or they simply thought they could create enough doubt if he ever was found (and it was a big deal).

Of course Dorian denies he created Bitcoin.  I wouldn't expect any other thing.  Him acting like he can't speak English well, calling it Bitcom, or any of those other things don't matter to me much either.  It is INCONCEIVABLE that Satoshi wouldn't have rehearsed how he was going to act if someone questioned him or revealed him.  I would certainly have played out the scenario in my head many times.

I've read the blog where a crepe shop claims that Dorian is someone who used Bitcoin in 2011 at their shop.  I was suspicious at first, but it looks as though they at least have a confirmed Bitcoin transaction from around the time for approximately the amount stated.  It's just one piece, but it is interesting.  I know that the Bitcoins in the transaction might not trace to a known Satoshi address, but is it at all possible that he mined some along the way in various addresses?  I'm seriously asking.  Couldn't he have mined some before 2011 without it being clear to everyone it was him?  I can tell by how smart the people are on this forum that someone will surely be able to tell me.

If the NSA was involved, Dorian might not even have any or many Bitcoins.  Think about it...how many people want neither money, nor fame, nor recognition?  There have been few people like that throughout history.  Satoshi could be one of them, but looking at the leadership in this world, the possibility of someone wanting none of those "benefits" of such an astounding creation are slim.  The possibility of a group that has other benefits to gain from such a wonderful creation would be willing to turn away from money, fame, and prestige is much more likely.  Not many humans could.  The NSA would be willing and able to hold ~4% of the currency in case of serious success.  They are also clearly not concerned with fame.

Dorian agreed to have his name used thinking it wouldn't amount to much.  I'm not sure if he could have possibly realized what would come of this.  The post under Satoshi's account was Dorian in a panic (or whomever actually communicated as Satoshi) or under directions from people quickly capable of telling him how to provide doubt to the public.  The fact that it was released so quickly showed diversion.  I'm not sure I care that it wasn't signed.  I look at it like this, why in the world would someone just then hack into his account and become active.  In my short time on this forum, I've already seen scams beyond what I had imagined.  These scammers and hackers are quick with their plans.  It is inconceivable that a person who could hack that account and likes playing jokes would wait until this.  He/she would have no idea of this coming in the future and would have surely used those skills to gain access prior to this exact moment and fulfilled his/her kicks for playing with people.  Notice how short the message is.  It gives no room for evaluation.  It is to distract.  It is meant to place enough doubt that people will continually argue...grow the legend...and no one will really know what the truth is amongst the convoluted mess.  If Satoshi really cared enough to release that message in Dorian's defense, surely he would do a follow up to squash all doubt and protect Dorian.

I could go on and on, but I'm sure I've violated many forum rules already.  I'm new to forums, and I respect all constructive comments.  I'll probably ignore rude ones much like I would in person.  Once again, these are my OPINIONS.  If you don't agree then that's okay.  I'll listen.  I like to figure things out, and if you have something useful then I'd love to hear it.

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Topic
Board Beginners & Help
Re: Newbie implementing Bitcoin into existing coin & bullion business. Advice?
by
christiancoin
on 07/01/2014, 01:25:32 UTC
If you accept BTC for gold, diamonds, etc. and bitcoin prices fall, you would of lost money and the person you sold to would of gained a lot of profit.

My business is about liquidity, so I will most likely cash out the bulk of my position as I go.  I can't afford to sit on anything...including cash.  It's really about moving between different assets and acting as the market maker.  I keep a small percentage of each exchange and deal in bulk.
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Board Beginners & Help
Topic OP
Newbie implementing Bitcoin into existing coin & bullion business. Advice?
by
christiancoin
on 07/01/2014, 01:11:45 UTC
I am a long time coin and bullion dealer in Texas.  I've decided to exchange Bitcoin (and Litecoin) for gold, silver, diamonds, and coins. 

I've been doing my homework...studying what information I can find.  I've placed my business on Coinmap.org, and have enough knowledge to now accept coins fairly confidently.

I would appreciate any advice regarding potential pitfalls, developments that might make implementation easier, security, best info to read, etc....  I'd also like to know the best way to get the word out that we do now take Bitcoin & Litecoin as payment. 

I'm entirely new to forums and how they work, however, I'm passionate enough about Bitcoin to finally get involved in them.  Thanks for any help!