So Deputy United States Marshal Criminal Investigator Maxime Vales (or one of his criminal cohorts) violated the TERM & CONDITIONS for the use of this site to view this (now password protected) page: http://cynic.me/2014/10/24/silk-road-judge-doxxed-and-msm-lies-about-it/ He then contacted my Canadian hosting provider about it and had them take my site down today. (I’ve since gotten it… Continue reading US Marshal Shuts Down Cynic.me for Security Theatre
Tag: bitcoin
Another Salvo from China in the Currency War
China is backing off it’s USD feast saying that it has had quite enough for now. http://www.bloomberg.com/news/2013-11-20/pboc-says-no-longer-in-china-s-favor-to-boost-record-reserves.html “It’s no longer in China’s favor to accumulate foreign-exchange reserves,” Yi Gang, a deputy governor at the central bank, said in a speech organized by China Economists 50 Forum at Tsinghua University yesterday. With China buying less American debt,… Continue reading Another Salvo from China in the Currency War
Peter Schiff on Gold vs. Bitcoins Misses the Point
Peter Schiff is absolutely one of the smartest guys out there, and I have a lot of respect for him. However, he’s still missing the point about bitcoins and how they have intrinsic value. But first, here’s his most recent video on the topic: Peter is stuck on how gold has intrinsic value through physical… Continue reading Peter Schiff on Gold vs. Bitcoins Misses the Point
1 More Reason to Use Bitcoin – Feds Steal Mt. Gox Dwolla Funds
The irony here is simply sickening. The Feds have stolen funds from Mt. Gox’s Dwolla account. Don’t they see that what they are doing only gives 1 more reason to use bitcoin? They can’t seize bitcoins, so that danger is eliminated. Governments can steal your fiat stored in banks or payment processors, but they can’t… Continue reading 1 More Reason to Use Bitcoin – Feds Steal Mt. Gox Dwolla Funds
Dear Mr. Paul Krugman, About Bitcoin…
Dear Mr. Paul Krugman, I read your recent piece about Adam Smith and bitcoin. http://krugman.blogs.nytimes.com/2013/04/12/adam-smith-hates-bitcoin/ Once again, it seems all roads in economics come down to the roads. Perhaps, Mr. Krugman, you can explain how without roads, goods and services can be delivered to people efficiently? It appears that you agree with Adam Smith, and… Continue reading Dear Mr. Paul Krugman, About Bitcoin…
Litecoin Mining on Mac OS X – Solving Library Errors
I have FINALLY managed to get an LTC miner running on my Mac. The basic problem was that unless you do a lot of development on a Mac, you’re unlikely to have your machine set up properly for mining, and you’ll get missing library errors from the miner – libidn.11.dylib and libssl.1.0.0.dylib. (I generally find… Continue reading Litecoin Mining on Mac OS X – Solving Library Errors
Canadians Bullish on Bitcoin
Over the past while I’ve noticed disparities in prices in different bitcoin exchanges. In particular, the VirtEx exchange in Canada often trades at around 10% higher than mtGox. Typical bid/ask spreads at mtGox are around 1.2% to 1.6% of the BTC price, with most bidding trading around the even dollar and $0.50 marks. It’s… Continue reading Canadians Bullish on Bitcoin
Bitcoin Hit Piece After Bitcoin Hit Piece
Mainstream news is reporting hit piece after hit piece on BITCOIN. It’s a non-stop parade of pundits all coming out to scream the horrors of bitcoin and how it is nothing but a bubble. But remember, these are the same kinds of pundits that rallied around the dot-com bubble singing its praises, and the same… Continue reading Bitcoin Hit Piece After Bitcoin Hit Piece
Bitcoin Hit $100 USD
Well, Bitcoin just hit $100 in a big way. Massive buying with orders as large as 1,000 BTC and numerous orders filled in the hundreds of BTC. It will roll back a bit, but the next time, it’ll be over $100.