All posts made by sAt0sHiFanClub in Bitcointalk.org's Wall Observer thread



1. Post 10645649 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.02h):

Quote from: spooderman on March 03, 2015, 06:38:01 PM
I see the bears came out for a brief moment before f-ing of sharpish!

Edit: 5400 coins to 300.

Smiley

Those guys aren't bears, they're just trolls. I seriously doubt any of them have any BTC. Their lives seem to be a pitiful obsession with pissing on one particular bonfire.

I think he meant the market, not the forum.



2. Post 10654366 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.02h):

Quote from: okthen on March 04, 2015, 11:39:26 AM

Still, I think many people (those who got into bitcoin for get-rich-quick reasons) will get tired and leave during 2015.
And then the rally in 2016 should, as always, surprise even the bulls... 5 digits? Smiley

I don't think the get-rich-quick guys have any influence on the market. Hodling 2 or 3 bitcoins in the hope that they will be worth 100K each. They just sit and watch and post pictures of boats.

Its institutions/investor blocks that will gradually carry the price upwards, with steadily improving support levels and softer resistance. Just get the scammers and speculators out!!  Grin

But 5 figures? Not possible as bitcoin is currently used. It will need a major ground shift in the way its used and how consunmers perceive it for that to happen. Its still looking for its 'killer app'.



3. Post 10654590 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.02h):

Quote from: empowering on March 04, 2015, 12:17:58 PM
http://www.newsbtc.com/2015/03/04/utah-successfully-passes-bitcoin-bill/


=

http://le.utah.gov/~2015/bills/static/HCR006.html

So: Polygamy AND Bitcoin is legal in Utah?   Grin Grin Grin





4. Post 10660744 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.02h):

Quote from: KryptoFoo on March 04, 2015, 09:16:53 PM
wow that dipped a lot more than expected! scary shit right there. Still say we recover.

Still, you called that pretty good.



5. Post 10662205 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.02h):

Quote from: lyth0s on March 04, 2015, 11:39:59 PM
Are we all waiting for after midnight to buy?


Why after midnight?  Something to do with the auction?

Because the buys have mainly been during the Western world's day time and then we get dumps during the Western world's night time, potentially the chinese are dumping while they are awake then the USA buys during our day.

Its almost midnight here in Europe, and the chinese are just booting up their Lenovos.... Grin



6. Post 10666594 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.02h):

Quote from: razorramon on March 05, 2015, 10:16:45 AM
when is the auction over?

8 hours and 48 mins from now.

thx....i'm confident there will be no major price drop

You had to ask when the auction was, and are then making a prediction on the market?  Huh Huh

Is it any wonder guys like lambchop have a field day in forums like this.



7. Post 10666623 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.02h):

Quote from: RD965 on March 05, 2015, 10:30:26 AM
price back to 270 Huh

this btc price really remind me of p2pool hashrate.  keep bouncing up and down

Were simply retracing to the .618 fib as I said yesterday

This really needed to retrace

And another big push back to 267 on the way. Although buys are starting to creep up a bit.



8. Post 10666640 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.02h):

Quote from: ArmoredDoge on March 05, 2015, 10:40:32 AM

I prefer a woman who doesn't sell her body for money  Cheesy

Depends on the money?  "Bitcoin Accepted Here"   Grin Grin Grin



9. Post 10666773 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.02h):

Quote from: calme on March 05, 2015, 10:52:42 AM
If you give 1 BTC as a wedding gift to every guy you know who gets married, the 1 BTC will cover all sex expenses once he needs it in 20 years. Just set it up like a trust fund he can only use for fucking or buying sexbots.

Other folksy version:

Give each guy an empty jar as a wedding gift. Tell him to put $1 in the jar each time he has sex in the first year of marriage.
Then tell him he can take a $1 each time thereafter. The jar will never empty...   Grin  Smiley Smiley



10. Post 10667046 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.02h):

could be another long red candle in the next few minutes....



11. Post 10667063 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.02h):

Quote from: dothebeats on March 05, 2015, 11:31:20 AM
Americans are starting to wake up. They didn't feel comfortable being asleep w/ auction coming. But now that we're so close to auction time, probably less nervous.

What auction is this? Looks like I'm not updated with the current news. >.<

US Marshals selling off the coins they seized from Slilk Road. ~94K in 2 tranches, 50K today.



12. Post 10667398 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.02h):

Quote from: calme on March 05, 2015, 12:05:13 PM
Adam Guerbuez is the false prophet.


Kim Dotcom is our true leader.


The better fed the guru, the more reliable.



13. Post 10668042 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.02h):

Quote from: billyjoeallen on March 05, 2015, 01:17:46 PM
keep the btc they earn as fees in a reserve account and use the VC money to meet operating expenses.

Yeah, thats what VC's do all the time - "here is some cash, please burn it as quickly as you can....  on DA WAY TO DA MOON!!"

Talk sense, man!



14. Post 10671805 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.02h):

Quote from: petahashminer on March 05, 2015, 06:30:55 PM
Auction: buy 50k at $350 and dump into the market $270 down to $200...
Isn't a smart idea, imho.

who said that the ask price is $350

maybe it will be $200, and they will dump the till $200

Why all the worry about the auction at all? I dont think it will make any real difference to the price. Whats important is that some decent ( even respectable) financials are getting behind it. Thats what will allow bitcoin to grow in use and popularity. And ultimately in value.

BIT - Secondmarket will ensure this is well run, they have some quality talent involved.
Pantera - Jury is out, they seem a bit flaky sometimes (got reamed at last auction, to da moom forecasts) but they have quality VC behind them ( Murphy's Benchmark)
Winkey lads - Cant really argue with Billions of green now, can you?  Grin

These guys make it worthwhile investing in the future of bitcoin ( and by investing I dont necessarily mean buying it and hodling...)



15. Post 10672122 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.02h):

Quote from: JorgeStolfi on March 05, 2015, 07:15:36 PM


I am not a lawyer, but that explanation of why Abra is not a money transmitter is seems totally bogus.  When you use Western Union, you give your cash to one teller here, and another teller over there gives his cash to the other customer.  No cash is actually moving between the two locations, and there may not even be transfers between bank accounts.  Yet WU is definitely a money transmitter...

I think you miss the nuance of their argument, in that they see you going to the ABRA teller, and paying $100 to her for 100 flubbits*. You send the flubbits via your mobile phone and your friend recieves them. She then takes the flubbits to ABRA who then give $100 for them. Simples! :-)  Its a bit of a reversal, like "In soviet russia, Money Wire You!!"

* or whatever made up thing you want.

But, yeah, you are right. The FED's will eat them up for breakfast. But the concept is going in the right direction.



16. Post 10673251 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.02h):

Quote from: kurious on March 05, 2015, 09:21:26 PM


Rumour only.  No-one on the record. Yet.

You know what they say, Buy on the rumour....  Roll Eyes Shocked   Wink



17. Post 10675078 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.02h):

Quote from: YourMother on March 06, 2015, 12:32:28 AM
Laughable how this dumb scared whale(s) is constantly buying so the positive momentum could continue. If you look at the chart, the price wants to plunge into the shitter and everytime it does that for a longer period, you see these sudden bursts...


Somebody is about to lose a shit ton of money.

JM Keynes: Markets can remain irrational longer than you can remain solvent.
Moral? Dont fight markets.... Grin



18. Post 10677186 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.02h):

Quote from: KryptoFoo on March 06, 2015, 06:27:00 AM
Looking for a long position in low 270s.

What crazy ass rumour are we looking forward to today? Chinese were very quiet last night. Must have been happy with the "BTC LEGAL IN CHINA!!" pump from late last night.  Grin



19. Post 10677929 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.02h):

Quote from: avw1982 on March 06, 2015, 08:48:00 AM
@ Bitfinex is a huge sell out at 272. Looks like that is the barrier over-there.

But didnt match the buys from the previous 20 minutes. Volume is still not significant enough to be noteworthy.

Its all very quiet....



20. Post 10678033 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.02h):

Looks like someones shorting up on bitcoin @bitfinex again.....



21. Post 10678777 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.02h):

Quote from: Brewins on March 06, 2015, 10:41:17 AM
Looks like someones shorting up on bitcoin @bitfinex again.....

people always shorting on finex.

What special this time?

My bad, misread volume. But i thought it might trend upwards for longer. Just come back to see another short term drop to 271.
It just seems (to me) to be nickle and dime trading, no strategy.



22. Post 10678816 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.02h):

Quote from: stereotype on March 06, 2015, 10:48:41 AM
Remember when U.S. Americans were so envious of Europeans who were able to visit the States so cheaply but it was so expensive to visit Europe? Europeans hopefully have a lot of good vacation photos by now. Memories to last a lifetime!

Not bad for Brits travelling to mainland Europe, with EURGBP at 7 year lows, also.

Heading for 9 year low...

I remember 2009 in Spain, retired Brits saw their pensions evaporate to the point they could barely live there. I think it nearly got to parity.
It was around then I got out of Euro for Sterling. Do most of my business in UK through gibralter anyway. I was always proeuro, but Draghi and Merkel are just a menace to society at this point.



23. Post 10678851 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.02h):

Quote from: calme on March 06, 2015, 10:38:15 AM
Remember when U.S. Americans were so envious of Europeans who were able to visit the States so cheaply but it was so expensive to visit Europe? Europeans hopefully have a lot of good vacation photos by now. Memories to last a lifetime!

But Mercs, Porshes and Ferraris will be a lot cheaper now. As long as you buy more of them, Im sure Europeans wont mind too much!!



24. Post 10679198 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.02h):

Quote from: calme on March 06, 2015, 11:49:09 AM
Quote from: sAt0sHiFanClub
But Mercs, Porshes and Ferraris will be a lot cheaper now. As long as you buy more of them, Im sure Europeans wont mind too much!!
There you go. I'm pretty sure you've just solved the ongoing Greek economic crisis! Just have Italy and Germany tell Greece that they can choose to be either a province of Italy or a state of Germany. Then when ppl buy Italian sports cars or German luxury cars w/ their BTC profits, it will help their nation. So which is it, Greeks, will you be Italians now or will you become German? If you're bullish enough on BTC, I think you better learn to cook a mean lasagna!

OT warning!! :-)

Under monetary union, the dream was kinda like what you described, but in practice ( like communism) it just doesnt work. The greeks expanded their economy. But instead of investing their gains locally, they exported their money to germany ( to buy BMW's) When they started to run out of money, they borrowed it - from the germans!! And wha did they do with this money? Bought more german luxury goods. At least if they had their own currency, it would have tanked (as they ran out of it), and made for some investment opportunities for the germans in Greece (inflow of funds), but with the euro, they didnt even get this opportunity.

And while greeks starve, Draghi is now going to PRINT a few billion euro to buy what? Bank bonds. From banks that caused  most of the issues in the fist place.  

[/rant]



25. Post 10680006 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.02h):

Quote from: adamstgBit on March 06, 2015, 01:07:55 PM

all in?

All in? Its Friday: of course!!! But no beer tonight. Must remember to cash out by midnight.   Grin



26. Post 10682149 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.03h):

Quote from: macsga on March 06, 2015, 05:02:48 PM
gold and silver crash..... btc stable

I wonder if someone with (nearly) infinite amount of one currency can crash all the others... Roll Eyes

No. You can only crash your own by printing as much as you like. Worked great for Mugabe. Now Draghi tries it!!

(US did it as well, but as they are a reference currency (i.e if you want to buy oil, you have to buy dollars. Not good, but not critical.)

100 Trillion Euro note , anyone?  Grin Grin ( i am joking, dont take it too serious)



27. Post 10682175 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.03h):

Quote from: sAt0sHiFanClub on March 06, 2015, 05:24:47 PM
gold and silver crash..... btc stable

I wonder if someone with (nearly) infinite amount of one currency can crash all the others... Roll Eyes

No. You can only crash your own by printing as much as you like. Worked great for Mugabe. Now Draghi tries it!!

(US did it as well, but as they are a reference currency (i.e if you want to buy oil, you have to buy dollars. Not good, but not critical.)

100 Trillion Euro note , anyone?  Grin Grin ( i am joking, dont take it too serious)

Edit:  Of course you can short out a currency if its central bank tries to support it. Just keep borrowing from local banks in local currency to buy further shorts. Soros did it to sterling a few years ago.



28. Post 10683426 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.03h):

Quote from: Bozuatle on March 06, 2015, 07:28:18 PM

Oh we will be...just not in a bad way  Grin Grin Grin

Never mind that.... ATMs in Spain to give cash for bitcoin ( sent to their address)

http://www.coindesk.com/btcpoint-spanish-bank-network-bitcoin-atms/

Sabadell and the hal-bank network so far, but no mention of Santander or the Caixa's

This could be the start of a proper remittance service



29. Post 10685031 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.03h):

Quote from: billyjoeallen on March 06, 2015, 10:54:50 PM
... Only thing Chinks are good for is making cheap stuff and selling it. They can't trade for shit.

Jewed you out of some some profits tho Undecided

I read the market wrong. I thought yesterday's pump was a bear trap, but it was just a correction from oversold conditions. I'd rather be trading with Jews. At least the Hymies know how to make money. These yellow fuckers are just mining now and dumping at spot. look at the 12 HR chart. Endless selling on Shanghai time. We're gonna take all their coins and leave them back in the 12th century where they seem to be comfortable.

You didnt read it wrong. You just cant read it, full stop.

You really need help, dude.



30. Post 10685132 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.03h):

Quote from: testerman on March 06, 2015, 10:02:59 PM
and the winning bidder is  ....??

will us marshall announce it public ?


nothing new, here http://www.usmarshals.gov/assets/2015/dpr-february-auction/

Only thing new is that they are off loading a few jets to make way for the new ones they can buy with all their laundered cash:

http://irggroup.com/cars-for-sale/1987-hawker-hs-125-800a-usms/

"Sale closes March 6, 2015 at 2 pm EST"




31. Post 10691344 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.03h):

Quote from: aztecminer on March 07, 2015, 02:49:39 PM
i think the auction is legit.... dealing drugs is one thing........but when you start ripping everyone off, killing people, threatening to kill people; then your ass is garbage and you belong in jail. #straightup gratz on your successful auction marshal's ... i own two b4c camaros from albuqueque and a undercover t-top firebird from los angeles (i just got this one) i got from auctions....and i have owned three other 9c1's before those i got from auctions. drug dealing is one thing....but there are a lot of bad people out there that belong in jail and from what i have read that silk road guy was a piece of trash. this is why i disagree with the sentiment around here that is against the auctions.

Who did he kill, and why wasnt he charged with this? Huh Huh Huh

Other than that, you're basically saying crime is ok, as long as you get a cheap trashy car from it, Yeah?



32. Post 10691368 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.03h):

Quote from: Fatman3001 on March 07, 2015, 03:02:13 PM

Do we even know what "libertards" means? I want to knock it but I don't know where to start.

Dunno. But I will postulate thats its an idiot who benefits from freedom, but wants it tightly controlled at the same time.



33. Post 10692335 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.03h):

Quote from: JorgeStolfi on March 07, 2015, 03:42:38 PM

...alleged attempts to hire the murder of several people..

So, he didnt kill anyone? But we are going to just say that, like, its the same thing, kinda? Whuuup Whuup!  I bagsy the cararo, dude!!   Grin Grin Grin

Jeez, Stolfi, for a guy who can get so anal about possible trends in a chart, you can skim over some pretty important details with ease.



34. Post 10692359 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.03h):

Quote from: aztecminer on March 07, 2015, 03:41:33 PM
i think the auction is legit.... dealing drugs is one thing........but when you start ripping everyone off, killing people, threatening to kill people; then your ass is garbage and you belong in jail. #straightup gratz on your successful auction marshal's ... i own two b4c camaros from albuqueque and a undercover t-top firebird from los angeles (i just got this one) i got from auctions....and i have owned three other 9c1's before those i got from auctions. drug dealing is one thing....but there are a lot of bad people out there that belong in jail and from what i have read that silk road guy was a piece of trash. this is why i disagree with the sentiment around here that is against the auctions.

Who did he kill, and why wasnt he charged with this? Huh Huh Huh

Other than that, you're basically saying crime is ok, as long as you get a cheap trashy car from it, Yeah?





my cars arent trash dorky .. i got the good ones. you jealous ??

seems i'm not the only one who buys from their auctions....

how many coins now ??

Dorky?  Seriously?  The US Marshals must be getting desperate if they accept bidding from 12 year old kids.

show us an instagram of your bidding card or this is bullshit.



35. Post 10693114 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.03h):

Quote from: JorgeStolfi on March 07, 2015, 05:36:21 PM
...alleged attempts to hire the murder of several people..
So, he didnt kill anyone? But we are going to just say that, like, its the same thing, kinda?

According to the FBI, there are emails in his laptop where Ross offers to pay the Hells Angels in Canada for the murder of a supplier who was threatening to denounce Ross if he did not help the supplier to recover a large sum that another SilkRoad client was owing him (which he in turn owed to the Hells Angels, it seems).  It is not known whether the supplier was actually killed.  Some of those emails were published as evidence in the drug trafficking trial.  That was not the only case of Ross trying to hire a murder, IIRC. 

The trial in Maryland was supposed to look at the murder-hiring charges specifically.  Has it been called off?

So he still didnt kill anyone? is that still the case?




36. Post 10693257 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.03h):

Quote from: aztecminer on March 07, 2015, 05:33:59 PM

 #straightup gratz on your successful auction marshal's ...

i own two b4c camaros from albuqueque and a undercover t-top firebird from los angeles (i just got this one) i got from auctions...

.and i have owned three other 9c1's before those i got from auctions


my cars arent trash dorky .. i got the good ones. you jealous ??



Quote from: satoshifanclub

instagram your bidding card or this is bullshit



Quote from: aztecminer

yeah seriously.. fukoff ...i did not bid on the marshals auction.

Dream on boy.

https://www.youtube.com/watch?v=cbh4u_oA0rk



37. Post 10693309 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.03h):

Quote from: JorgeStolfi on March 07, 2015, 06:27:06 PM
So he still didnt kill anyone? is that still the case?

He hasn't been convicted yet.  What it the point you are trying to make?

Have you forgotton what I asked already?  The question was - and I quote - "Who Did He Kill?"

Now you have made 3 efforts to roll around this subject without answering it. And you expect to be taken seriously on your views regarding uber-chart analysis?  Grin

BTW, the answer to my question is - "Nobody".

Otherwise he would have been charged with it. Everything else is conjecture and heresay.



38. Post 10693662 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.03h):

Quote from: JorgeStolfi on March 07, 2015, 06:52:16 PM

  Whether somebody died or not, it would not change his standing (legally or morally) in the least.

Okay...  I think Im done here.



39. Post 10694890 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.03h):

Quote from: Hfertig on March 07, 2015, 09:37:41 PM
There are about 4M$ new longs since the start of this rally (~240$ some 10 days ago), this means about 15k BTC will have to be sold if the rally ends, just to cover those longs.

And 50000 coins from the auction which will only settle on monday. I guess they were bought at a discount to the current price. Lets see how long this will be a discount

The word is that they were not sold at a discount, very close to market in fact (but above).



40. Post 10696006 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.03h):

Quote from: Tzupy on March 07, 2015, 11:42:53 PM
Dump is getting late to the party, makes me wonder if it will happen at all, and I'll go to sleep soon anyway.

Wake Up! Wake Up! Its starting!!!  No, wait. Sorry. Its a push, not a dump. My bad. Go back to sleep....

 Cool



41. Post 10701557 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.03h):

Quote from: gentlemand on March 08, 2015, 01:23:44 PM

Maybe if enough people are adhering to their wonderful squiggly lines it becomes something of a self fulfilling prophecy. I myself regard it all as a heap of shit. The lines do not account for things that happen in the real world.

The lines serve as a sort of pseudo religion. People have, for eons, been looking for something that will reassure them that all will be well in the future.  For most its a benevolent god promising eternal life after death in heaven. For others, its randomly drawn lines connecting other random points on a graph over random time periods that signify a future of wealth beyond measure.

Marx said religion was like Opium. This is no different. Instead of taking part in bitcoin, developing businesses with bitcoin, growing them in value over time to take advantage of an upward trend in bitcoin use and acceptance, they sit and look at charts.

Its just folk being lazy.



42. Post 10702985 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.03h):

Quote from: Erdogan link=topic=178336.msg10702813#msg10702813it  date=1425833250

 there is no absolute correlation between traded volume and change in value.


Meh, I'd disagree a bit. Surely volume preceding price is an accepted axiom. For me, OBV is one of the more reliable indicators of sentiment.

Note I say indicator, not predictor.  Grin Cool Cool



43. Post 10705265 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.03h):

Get your Cranchi brochures out of the cabinet, lads, there is some mad buying going on somewhere....



44. Post 10708554 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.03h):

Another pump,,,  Or is this it? Break for $300?? Huh

Nah, just fuckin' with ya. It's another pump...



45. Post 10710140 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.03h):

Quote from: uhoh on March 09, 2015, 10:18:06 AM
Tree hundred today

Tree Fiddy?



46. Post 10711233 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.03h):

Quote from: Norway on March 09, 2015, 12:04:22 PM
https://www.youtube.com/watch?v=T7q6neTCslM

 Grin Grin Grin Grin

Well that's it. I've had enough of this wild speculation, gambling and blind belief in insider tips...

So I'm off to Cheltenham this afternoon for 3 days!!  Grin Grin Grin

(please don't go to the moon until i'm back....)
 



47. Post 10742723 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: adamstgBit on March 11, 2015, 09:23:24 PM


32,000$ by mid 2017 is my prediction.

china will have no choice but to reviste its ban on bitcoin use in order to participate in the "digital economy",

Its ironic, but china didn't ban bitcoin, but put in place restrictions to protect consumers against wild speculation, like 100x growth in 24 months.  Grin

https://vip.btcchina.com/page/bocnotice2013



48. Post 10742772 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: adamstgBit on March 11, 2015, 09:55:15 PM


32,000$ by mid 2017 is my prediction.

china will have no choice but to reviste its ban on bitcoin use in order to participate in the "digital economy",

Its ironic, but china didn't ban bitcoin, but put in place restrictions to protect consumers against wild speculation, like 1000x growth in 24 months.  Grin

https://vip.btcchina.com/page/bocnotice2013

hey hey hey, i'm calling for ~100x growth in ~50 months, 1000x growth in 24 months thats totally unreasonable...

 Cool

typo, sorry!. There are some crazies on here, but that would have been proper window licking mental...  Roll Eyes Grin



49. Post 10743025 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: spooderman on March 11, 2015, 10:18:36 PM

that's.....5.88....trillion? not too absurd imo


Draghi could print that in a good weekend, to buy shit bonds from douchebag banks.



50. Post 10749234 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: Fatman3001 on March 12, 2015, 11:59:11 AM
Epic dumps are not that epic anymore.

via Imgflip Meme Maker



51. Post 10749350 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: soullyG on March 12, 2015, 12:09:09 PM

 - the difference between Doge and Bitcoin is that there isn't a cap to the total number of Dogecoins created,
 whereas Bitcoin will only ever have a max of 21m coins (unless the protocol changes).

Its nothing to do with the protocol - if it were then there may be some guarantees that this 21m cap will be concrete.

No, its simply an arbitrary value ( actually - its an 'operand') in the code that can be changed at any time without having any effect on previous, existing or future transactions.
So, in otherwords, where most 'protocol' changes would, at the very least, require a "hard fork", the change in the cap to 22M or 42M or infinite cap could be made in the next minor version release.

I dont know where people who are supposed to understand these things get the idea of a hard limit to bitcoin. Its only a 'guide' or estimate. It can change once enough people want it.

Its just one line of code!!



52. Post 10749538 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: empowering on March 12, 2015, 01:44:01 PM

 - the difference between Doge and Bitcoin is that there isn't a cap to the total number of Dogecoins created,
 whereas Bitcoin will only ever have a max of 21m coins (unless the protocol changes).

Its nothing to do with the protocol - if it were then there may be some guarantees that this 21m cap will be concrete.

No, its simply an arbitrary value ( actually - its an 'operand') in the code that can be changed at any time without having any effect on previous, existing or future transactions.
So, in otherwords, where most 'protocol' changes would, at the very least, require a "hard fork", the change in the cap to 22M or 42M or infinite cap could be made in the next minor version release.

I dont know where people who are supposed to understand these things get the idea of a hard limit to bitcoin. Its only a 'guide' or estimate. It can change once enough people want it.

Its just one line of code!!

The 21 million cap, is as concrete as peoples trust in Bitcoin..... or rather peoples trust in Bitcoin is as concrete at the 21 million cap.

Nah, Peoples trust and use of bitcoin will be seperate to that cap. However, dreams of hlding a $32K or $4.4m Bitcoin are as concrete as an arbitrary line of code.

Also, the rules are pretty explicit in saying that this can be changed - with consensus. The move from 1mb to 20mb blocksize is technically far more complex.



53. Post 10749692 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: plasticAiredale on March 12, 2015, 02:00:49 PM

If someone was to change this "one line of code" if definitely would be considered a "hard fork", regardless of consensus from the core devs.

Definition of hard fork is:
Quote
A hard fork is any change to a protocol that is not backwards compatible.
This would very definitely be backwards compatible. A



54. Post 10749734 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: criptix on March 12, 2015, 02:01:35 PM


really? Then ltc, doge and other alts would have already surpassed btc long time ago.

Check the whitepaper and why bitcoin was invented in the first place. You will then understand why the limit of 21 mil btc wont be changed

You are saying it "wont" (subjective), I'm saying simply that it "can" (objective)

Can you point me to a document where it explicitly states that the 21M cap is a fundamental part of what bitcoin is?



55. Post 10749795 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: Newar on March 12, 2015, 01:57:12 PM
Good luck finding that consensus!

In soviet Russia, Consensus find YOU!!

Yeah, thats true. This is the only protection in place. A unanimous consensus, which should mean everybody.
But consensus has a habit of chasing as well....






56. Post 10749821 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: empowering on March 12, 2015, 02:11:41 PM
If devs decided to make this change,  miners and nodes would then have the option to follow or not, essentially what you are suggesting would be a fork/ hard fork, saying it ain't so ^^ is semantics.

You can test your theory, create a hard fork of BTC now, increase the limit to 42 million and convince all of the nodes and miners to follow you.

I will give you my vote now.

NO

Its not a theory. Its there in the code.... 



57. Post 10749893 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: plasticAiredale on March 12, 2015, 02:19:03 PM

Whats the point of arguing the semantics anyway. It's not gonna happen, FUD or whatever you are doing is a little pathetic.

You are confusing an attack by a rogue client and an accepted consensus. Im talking about an ageement o change the cap being possible. If it was accepted by the community, then there is no difficulty in raising the cap.

As an aside, coins are not numbered. There is no serial number. They simply exist as the inputs and outputs of a transaction. Your line about "introducing the 210000001st coin" leads me to believe you dont actually understand this.

Any Fear is purely your own. Im only stating some points about the 21m cap that was mentioned earlier.



58. Post 10749922 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: empowering on March 12, 2015, 02:26:27 PM

Ah ok, simple then.

Off you pop then, get cracking,  let me know how it goes.


So thats it then? No killer argument to put me in my place? No clusterbomb of a nuggett from the White Paper to show that the 21M cap is sacricant and can never be changed?  Huh Huh Huh



59. Post 10749967 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: empowering on March 12, 2015, 02:31:22 PM

Ah ok, simple then.

Off you pop then, get cracking,  let me know how it goes.


So thats it then? No killer argument to put me in my place? No clusterbomb of a nuggett from the White Paper to show that the 21M cap is sacricant and can never be changed?  Huh Huh Huh

No... because I can ignore the obvious too, just like you.


Okay, I no longer want to ignore the obvious. Enlighten me.  And Im not being smart, If there is an axiom that states that 21M is the oncrete limit, then I want to know.
You owe that to me and other bitcoiners. For our future....



60. Post 10750202 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: plasticAiredale on March 12, 2015, 02:41:28 PM

Ughhh, I hate that I got suckered into feeding a troll. 

Of course if there is community consensus to change the cap it would happen, it could also go the other way down to a 18 million cap, they could do anything with community acceptance. Its a pointless point to make.

As far as not understanding how bitcoin works, I don't have any desire to prove this to you, you can believe whatever you want.

If you can't get the answer you are looking for from the Pieter Wuille quote I included, you are being deliberately obtuse, and I have no need to interact with you further.



Troll being anyone who has a different view to you?  Huh

My point all along is that the cap is NOT concrete - which you have now agreed with. Yet many of the predictions of grand wealth with bitcoins are predicated on this fallacy.

The Pieter Wuille quote was irrelevant for the reason I stated - He is talking about rogue attacks, Im talking about consensual change.

You have already proven you have at best a sketchy understanding of how it works with your "21 millionth bitcoin" statement.

 



61. Post 10750325 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: soullyG on March 12, 2015, 02:56:51 PM
Gah, sorry for stirring up the troll-pot Sad

Why the apology? You made a perfectly valid post, I was just questioning one of the fundamental tenets of that post.

And apart from being called a troll, nobody has actually proved me wrong yet.



62. Post 10750355 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: empowering on March 12, 2015, 02:58:33 PM

Ughhh, I hate that I got suckered into feeding a troll.  

Of course if there is community consensus to change the cap it would happen, it could also go the other way down to a 18 million cap, they could do anything with community acceptance. Its a pointless point to make.

As far as not understanding how bitcoin works, I don't have any desire to prove this to you, you can believe whatever you want.

If you can't get the answer you are looking for from the Pieter Wuille quote I included, you are being deliberately obtuse, and I have no need to interact with you further.



Troll being anyone who has a different view to you?  Huh

My point all along is that the cap is NOT concrete - which you have now agreed with. Yet many of the predictions of grand wealth with bitcoins are predicated on this fallacy.

The Pieter Wuille quote was irrelevant for the reason I stated - He is talking about rogue attacks, Im talking about consensual change.

You have already proven you have at best a sketchy understanding of how it works with your "21 millionth bitcoin" statement.

 

I have had a better idea....  instead of miners receiving Bitcoin for their work, they simply get "thank you" notes + links to youtube rickrolls

Totally doable.

Make it so.



...aaaannddd Still nothing.



63. Post 10750394 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: empowering on March 12, 2015, 03:07:43 PM
Gah, sorry for stirring up the troll-pot Sad

Why the apology? You made a perfectly valid post, I was just questioning one of the fundamental tenets of that post.

And apart from being called a troll, nobody has actually proved me wrong yet.

Not wrong, just pointless.

Here is a video that will explain what you are missing.

https://youtu.be/dQw4w9WgXcQ

Where is that tumbleweed gif when you need it. About summarises your ability to counter with a cogent argument.



64. Post 10750461 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: calme on March 12, 2015, 03:12:12 PM
If fat ppl and ginger ppl were to face genocide in a country, don't think for one second that other countries wouldn't get involved. That's not how the world works. People would say it's not fair. Before you knew it, the other countries would kill off their own fat ppl and ginger ppl so that they wouldn't have to keep them around either.

But it would be by consensus - thats the important issue....

 Grin



65. Post 10750540 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: plasticAiredale on March 12, 2015, 03:15:37 PM

Wow straight from the troll talking points rebuttal book "Troll being anyone who has a different view to you?"

Fine, you're not a troll, you're just an asshole.

You obviously know 21 million is as concrete as anything in Bitcoin, the fact that the code can change it with consensus is at most a red herring by you. Otherwise you have already proven you have at best a sketchy understanding of how the Bitcoin community works.






Name calling now eh?  You are only becoming angry because you believe in the triumph of unbounded hope over reality.
I'm just your 'memento mori', reminding you that bitcoin may not make you the millionaire you hope to be.

Again, my original point was that the future value of bitcoin is being predicated to a large extent on the 21m cap, a belief based on faith more than reality.



66. Post 10752593 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: xyzzy099 on March 12, 2015, 03:34:06 PM
Again, my original point was that the future value of bitcoin is being predicated to a large extent on the 21m cap, a belief based on faith more than reality.

I think it's predicated mostly on the belief that the majority of people (miners in this case) will act rationally.  I would say that most miners consider the 21M coin cap to be a defining characteristic of Bitcoin, and probably the most important characteristic that gives the coin value.  If you accept that premise, then it is logical to assume that miners will not act irrationally by destroying the value that is their whole incentive for mining in the first place.


Good point, well made.

But raising the cap would be  an indirect consequence of adjusting the halving frequency, so by increasing the cap, you would be extending the [higher] reward period for miners

Since we havent reached the point where tx fees outweigh coin reward, do you think that might become an incentive for miners to increase the cap? (bear in mind that it would be a slow process, with no immediate dump of coins on the market.)




67. Post 10752730 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: empowering on March 12, 2015, 04:07:20 PM



Of course he is right. it is akin to share dilution

What would the difference be between

21 million coins at $1 dollar each

and 42 million coins at 50 cents each?




No. That would be a precision change (which is also allowed)

Bust my balls all you like. I like robust debate, it makes it worthwhile. As long as its done intelligently.

And dont worry, I see your point. But it dont change the fact that Bitcoin has a built in price relief valve that a lot of people seem very afraid to mention.

Just sayin'



68. Post 10753630 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: Erdogan on March 12, 2015, 07:34:48 PM
If devs decided to make this change,  miners and nodes would then have the option to follow or not, essentially what you are suggesting would be a fork/ hard fork, saying it ain't so ^^ is semantics.

You can test your theory, create a hard fork of BTC now, increase the limit to 42 million and convince all of the nodes and miners to follow you.

I will give you my vote now.

NO

Its not a theory. Its there in the code.... 

May be you could show us the code? Find the line that says there will be 21 million. The code is on the net. Please give the link to the file and the line number. Thank you.


Ive already  stated that the cap is derived from the following calculation  ( from main.cpp:1235)

    // Subsidy is cut in half every 210,000 blocks which will occur approximately every 4 years.
    nSubsidy >>= (nHeight / Params().SubsidyHalvingInterval());

Link to the file on github is

https://github.com/bitcoin/bitcoin/blob/4ad73c6b080c46808b0c53b62ab6e4074e48dc75/src/main.cpp#L1230



69. Post 10753680 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: Norway on March 12, 2015, 07:46:36 PM
If devs decided to make this change,  miners and nodes would then have the option to follow or not, essentially what you are suggesting would be a fork/ hard fork, saying it ain't so ^^ is semantics.

You can test your theory, create a hard fork of BTC now, increase the limit to 42 million and convince all of the nodes and miners to follow you.

I will give you my vote now.

NO

Its not a theory. Its there in the code.... 

May be you could show us the code? Find the line that says there will be 21 million. The code is on the net. Please give the link to the file and the line number. Thank you.


https://github.com/bitcoin/bitcoin/search?utf8=%E2%9C%93&q=21000000
Nice  Wink

What the fuck are you looking for??  Thats not the code that defines the cap. Jesus, you guys are truly clueless about all this, arent you?



70. Post 10753868 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: Erdogan on March 12, 2015, 08:04:09 PM

That was half an answer (comments, and check code). My point was basically that the code defines the halvings, not the 21 million number, and the OP didn't seem to know. Anyway, I'm done.


Im sorry. But I cant find an explanation for the above comment that doesnt involve you being an idiot.

What do you mean "OP didnt seem to know"?? Do you think I would make a statement on a forum without knowing my facts?  Of course I know where its defined. and if you look through the version control history, you will see that params.SubsidyHalvingInterval() is a more recent replacement for the original hard coded value ( which I may have alluded to earlier) Its been a while since Ive worked on that code, things change.



71. Post 10753948 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: Erdogan on March 12, 2015, 08:06:40 PM

Right, but I don't see the 21 mill number in that line of code.


And you wont either - Its derived.  Block reward (nSubsidy) halving every four years means the rate of new coins diminishes over time until it tends to zero.

There is no 21000000 limit in the code. There is a 210000 block value which roughly dictates the 4 year halving period.



72. Post 10753958 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: empowering on March 12, 2015, 08:19:35 PM

That was half an answer (comments, and check code). My point was basically that the code defines the halvings, not the 21 million number, and the OP didn't seem to know. Anyway, I'm done.


Im sorry. But I cant find an explanation for the above comment that doesnt involve you being an idiot.

What do you mean "OP didnt seem to know"?? Do you think I would make a statement on a forum without knowing my facts?  Of course I know where its defined. and if you look through the version control history, you will see that params.SubsidyHalvingInterval() is a more recent replacement for the original hard coded value ( which I may have alluded to earlier) Its been a while since Ive worked on that code, things change.

Ah good, might give you some time to work on your interpersonal skills.  Cheesy

You really are out of your depth here. You cant add anything constructive. But you are a cunt. I will give you that.



73. Post 10754089 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: empowering on March 12, 2015, 08:25:17 PM

Stick that up your jumper.


Thats about the most grown up thing you have said all day. Obscene gifs dont really convey the intellectual gravitas that you seem to attach to them.
Thats why I called you a cunt. Because if you are going to express something, then express it.  There are a few people on here who can conduct a reasoned argument, I suggest you let them to it.

BTW Just because Im condescending doesn't mean you are not suffering from an inferiority complex.  Grin Grin Grin Grin



74. Post 10754102 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: Norway on March 12, 2015, 08:25:40 PM

That was half an answer (comments, and check code). My point was basically that the code defines the halvings, not the 21 million number, and the OP didn't seem to know. Anyway, I'm done.


Im sorry. But I cant find an explanation for the above comment that doesnt involve you being an idiot.

What do you mean "OP didnt seem to know"?? Do you think I would make a statement on a forum without knowing my facts?  Of course I know where its defined. and if you look through the version control history, you will see that params.SubsidyHalvingInterval() is a more recent replacement for the original hard coded value ( which I may have alluded to earlier) Its been a while since Ive worked on that code, things change.

Ah good, might give you some time to work on your interpersonal skills.  Cheesy

You really are out of your depth here. You cant add anything constructive. But you are a cunt. I will give you that.
sAt0sHiFanClub ignored...

Yeah!  But just because you stick your head in the sand doesn't mean your arse isnt still sicking out of he ground. At least I have one more place to park my bike...

 Grin Grin Grin Grin Grin Grin



75. Post 10754296 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: empowering on March 12, 2015, 08:40:03 PM

Errr... no, basically you seem to think you are on some mission to educate, well learn to fucking communicate and try and be nice.. you come on here acting like a cunt, and then get all offended when someone pulls you up on it, and act all superior and surprised. What is good for the goose is good for the gander sunshine. If you do not like it, tough. What goes around comes around hey?

Keep trying.

(ps, you are still wrong)

pps. I suggest you keep swinging for evolution, and I will fight the winner, because you are boring me now.

If it bored you, there would have been no response.  You are now a liar and a cunt.



76. Post 10754447 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: empowering on March 12, 2015, 09:00:35 PM

Errr... no, basically you seem to think you are on some mission to educate, well learn to fucking communicate and try and be nice.. you come on here acting like a cunt, and then get all offended when someone pulls you up on it, and act all superior and surprised. What is good for the goose is good for the gander sunshine. If you do not like it, tough. What goes around comes around hey?

Keep trying.

(ps, you are still wrong)

pps. I suggest you keep swinging for evolution, and I will fight the winner, because you are boring me now.

If it bored you, there would have been no response.  You are now a liar and a cunt.


Yawn.

I think you must have missed the word now ^^,  and imagine that, I can still use my fingers when I am bored.

But now I really will leave you to bray at the moon and stumble around in the darkness.

Take care now buddy, good luck in getting your point across and good luck with those interpersonal skills.

 Smiley

Auf wiedersehen


Adios, Sr. Pedanto.



77. Post 10754463 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: empowering on March 12, 2015, 09:04:16 PM
The arguing in this thread is getting embarrassing.

Yeah sorry about that everyone.

Been one of those days.

Global apology?

Such inferiority. Much Complex.



78. Post 10755818 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: gentlemand on March 12, 2015, 09:50:21 PM
I do not like the IBM news, and have gone into capital preservation mode by closing my long for now. I'll wait to see if the market can shake this off:  I believe IBM not using bitcoin will be construed as a negative, or at least an excuse to take profits.

http://www.reuters.com/article/2015/03/12/us-bitcoin-ibm-idUSKBN0M82KB20150312


It's tokenisation again. I guess this makes life sweeter in third world banking areas like the US. In the EU money moves around near instantly for free already.

The underlying principles of BTC are what turns me on at least, not another fancy way of moving existing money which is what this is.

 

Sounds like its just another alt-coin.  Its blockchain based, with a 'coin', but the difference being these coins represent a given value of fiat currency.
Seems more of an effort to do away with back office software like meridian or equation than as a runner for bitcoin mkII. If i was Misys I'd be more worried.



79. Post 10759942 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: camolist on March 13, 2015, 04:08:10 AM
the only opinion i have right now is we will be seeing the 80's before next pump

*looks at post history*


we are going to 229-230 before we go up again. you heard it from mcplant first


what a surprise. have not seen 230 since then and id say 295 is up?

Wow. 2 hours later its 286...  



80. Post 10760115 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: Fatman3001 on March 13, 2015, 11:29:21 AM
the only opinion i have right now is we will be seeing the 80's before next pump

*looks at post history*


we are going to 229-230 before we go up again. you heard it from mcplant first


what a surprise. have not seen 230 since then and id say 295 is up?

Wow. 2 hours later its 286...  

Brainfart: I remember that post and I genuinely thought he meant double digits. Not 280s.

Could have been worse, the '80s...  Big hair, legwarmers and Rick Astley   Grin



81. Post 10763712 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Jeez, whoever is selling must need a lot of blow for the weekend...



82. Post 10774973 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: fonzie on March 14, 2015, 02:30:53 AM

I do not deny that there is a huge currency war ongoing, but Bitcoin is lightyears away from taking any part in this game.

This is no war, just competition. While everyone is looking at the usd/eur rate, euro etf's have pulled in close on $40bn since January, and all interest in US equities has evaporated.




83. Post 10775307 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: bensam123 on March 14, 2015, 11:01:58 PM

Sshhhh! He's here!

Anyways I don't really ignore him because I like to see the price updates. Although I can easily go to another website, I spend most of my time posting here so he is at least helpful(well, a bit).

Agree, but not for the price (which is better on ticker) but for the 'shape' of the market.



84. Post 10784277 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: jeffhuys on March 15, 2015, 09:15:56 PM

I went crazy 4 times in the last year of following this thread, heh. How did you stay sane? All the FUD in here makes me never want to trade ever. All this weird shite of calling eachother and their mothers idiots and talking utter crap, screw that.

and yet you feel that the next piece of advice will be different: it will be founded in logic and knowledge, balanced and informed...

Nah, just another idiot shouting for DA MOON!  Grin Grin



85. Post 10789408 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: fichtn12345 on March 16, 2015, 11:05:13 AM

afaik fidor is not for europeans... only for germans, no?

Correct. You need to go to a german post office with german papers to verify your identity.

However, this is likely to change in the future, subject to regulatory approval.



86. Post 10789427 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: macsga on March 16, 2015, 11:39:43 AM



They (Kraken) accept SEPA, which I personally verified. It works for everybody inside the EU.

Ah, you already edited your post...



87. Post 10793482 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: Bitcoiner_cph on March 16, 2015, 05:12:01 PM
https://www.youtube.com/watch?v=3s7UVY5yv7Y

Can bitcoin safe Greece??

If the Greek people begin to use bitcoin instead of Euro, Bitcoin will EXPLODE!! Another pro bull market argument... The people with Shorts on please wake up, before you get margin called out, and we all have to feed you with our spare satoshis!  Grin Grin Grin Grin Grin Grin Grin

And how do you propose the greeks are going to get bitcoin? Buy it with what, exactly?

Are you going to loan them some? Because that worked out real well for the Germans...

Get real man, if you are going to troll, do so with a sense of humour and irony. This is simply not trying hard enough. You Greek, by any chance?  Grin



88. Post 10793880 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.04h):

Quote from: thezerg on March 16, 2015, 07:25:06 PM

Its the irony of Bitcoin; once you realize you need it, you can't get any because nobody wants what you have to trade (your hyper-fiat)

What, my hyper-fiat?




89. Post 10803608 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.05h):

Quote from: Stargazer on March 17, 2015, 05:42:14 PM
Everything point towards the dump. Probably into the 250$ range once again, sigh.

I don't see it this way. The news in the bitcoin world are positive and promising. There's also a decent amount of confidence in the price since we broke the downtrend.


But we have arguably had  the best news for bitcoin in the last few weeks, and thankfully few new scams ( no mega scam anyway, but they are still brewing) yet the price is still stagnant, moving only in a vague pump and dump cycle every few days.



90. Post 10803648 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.05h):

Quote from: soullyG on March 17, 2015, 04:51:23 PM


Or just ban the IP address NotLambChop/Silverspoon/newbiejailnoplz is using  Kiss

the internet is just a confusing morass of techno mumbo jumbo to you, isn't it?   Huh     Grin Grin Grin



91. Post 10809957 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.05h):

Quote from: KryptoFoo on March 18, 2015, 09:04:45 AM
Evo news hitting popular media today.

http://www.forbes.com/sites/thomasbrewster/2015/03/18/evolution-market-a-scam-says-site-pr/

Ooops, my bad.  Spoke too soon. I let the karma monkeys out...   Grin Grin Grin

Quote from: sAt0sHiFanClub on March 17, 2015, 06:05:53 PM
Everything point towards the dump. Probably into the 250$ range once again, sigh.

I don't see it this way. The news in the bitcoin world are positive and promising. There's also a decent amount of confidence in the price since we broke the downtrend.


But we have arguably had  the best news for bitcoin in the last few weeks, and thankfully few new scams ( no mega scam anyway, but they are still brewing) yet the price is still stagnant, moving only in a vague pump and dump cycle every few days.



92. Post 10810277 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.05h):

Quote from: JorgeStolfi on March 17, 2015, 10:15:20 PM

The next decision was to limit the number of atomic units (satoshis) to about 2^51 - 1 = 2'251'799'813'685'247, which is the maximum range of integers that can be safely manipulated in IEEE double-precision floating point without rouding.  That would allow any bitcoin accounting to be done on an Excel spreadsheet without losing a satoshi.  (Excel, and many other programs, use double-precsion floating point for all numbers,  Most computer nerds would never have tought of that.  They generally avoid floating-point because of its complicated rounding, and would have picked 2^63 or 2^62 instead.  But Satoshi obviously was not a typical computer nerd, knew how Excel works, and knew how to use FP without rounding.)


This makes no sense. Are you seriously suggesting that the precision of Bitcoin is a function of an accomodation to a third rate amateur spreadsheet application?

Programmers dont use FP because its lossy. Its lossy at any precision. Also, most financial standards specifically proscribe FP calculations for financial systems.

Quote from: JorgeStolfi
Most computer nerds would never have tought of that.

Thanks for setting that straight. Cant wait to see bitcoin 0.10.1 released as a full excel macro....



93. Post 10812966 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.05h):

Quote from: fonzie on March 18, 2015, 03:05:30 PM
Bitcoin actually super healthy. Everyone back in quick!!

Please stop trolling, thx.

Dont think that will happen. The only ones to get upset are the permabulls, and trolling them is like poking a pointy stick into a sack of puppies. No matter how often you do it, you will always get the same reaction. And if you stop, LFC_bitcoin will wonder why you have stopped.

The troll-permabull dynamic is one of the more entertaining aspects of this thread. Market insight certainly isn't.  Grin



94. Post 10814116 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.05h):

Quote from: Spaceman_Spiff on March 18, 2015, 03:44:38 PM
Fuck off Stolfi, you're a turd in the swimming pool.
Fuck off yourself.  At least Stolfi has some interesting arguments from time to time, even if I usually disagree with them.
You are just a disgrace for the community.

^^^^  This +1




95. Post 10814148 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.05h):

Quote from: empowering on March 18, 2015, 05:20:58 PM
snip


Shall I refer to you as nostraDumbAss from here on forth?

And as for your "prediction" ........really... are we witnessing the 50k coins from the auction being dumped? funny I cannot see it.... please point to the 50K coins making their way from the auction winners to exchanges to be dumped.

If you remember I did say we could have another further retracement... so yeah on that front... what a shocker.

(Also you seem a bit perturbed, angry, out of sorts? are you ok bro? take some deep breaths now and go and check your pill dispenser ya may have missed a dose)

(pps - gfy  Smiley)




96. Post 10815337 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.05h):

Quote from: adamstgBit on March 18, 2015, 06:46:06 PM
Bottom's in!

buy Buy BUY!!!


I see your bottoms, and raise you a "blood on the streets" ( or at least flaming german police cars...)



Buy!!



97. Post 10815436 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.05h):

Quote from: Fatman3001 on March 18, 2015, 07:36:14 PM

Let's hope they don't take it too far. Germans tend to go overboard when they get all fired up.

 Grin Grin  10/10 for diplomacy, dude!



98. Post 10815633 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.05h):

Quote from: adamstgBit on March 18, 2015, 07:55:06 PM
we're doomed

Im just pissed at verto for running off with all the bitcoins I spent on coke  for last weekend at Loaded's request.

I feel used.  Cry Cry Cry Cry



99. Post 10816032 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.05h):

Quote from: greenlion on March 18, 2015, 08:33:38 PM

Well Said!

The sad truth is that not only does Jorge fail to comprehend how PoW consensus works, but he also fails to understand why Bitcoin is sound money. He has spent a year on here, most of that time totally wasted, including the time of many of us here in this forum who are willing to learn from others.

It really doesn't matter, he's just going to change the subject to another ill-conceived FUD talking point, and grace us with some patronizing wall of text, and set pedantic traps for people to respond to so he can launch into some pre-conceived nonsense he was planning to all along. I think this kind of behavior is a cautionary tale of what is to be expected from your garden-variety self-appointed do-gooder asshole who comes to the discussion motivated purely by an agenda and veritable attics full of unacknowledged political baggage.

I think you really need to get a hold of yourself there. If you dont like what he says, just move on. If what he says annoys you so much that you are inclined to write the above drivel, then you really need to reassess your life's priorities.

At least others had the ability to argue a point.



100. Post 10816086 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.05h):

Quote from: barbs on March 18, 2015, 08:39:02 PM
BearTC-E is leading the charge here?

Some of the individual losses from the chat are pretty substantial. The sentiment in the room is not good.



101. Post 10816155 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.05h):

Quote from: Silverspoon on March 18, 2015, 08:51:16 PM


Priced out of the Law - to fight the landlord they would have to pay a $150K bond. Hense the bankruptcy



102. Post 10821679 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.05h):

Quote from: michaelGedi on March 19, 2015, 11:40:04 AM
Good morning, gentlemen!  I bring good news!  NotLambchop and his ugly horse, Silverspoon (who is not even a part of the Mane Six--a totally irrelevant background pony who smells!) HAVE BEEN TERMINATED from lokijuyhtgrryryj LLC employ.

Having perused through their [frankly, offensive] postings, I was shocked and appalled by the depth of depravity those miserable miscreants have sunk to.
I assure you, gentlemen, Lamb & Horse will bother you no more.
Excelsior!



 Cheesy

forgive me masses - but I'm starting to come over to your side, sir  Undecided


please teach me the way, oh wise one

https://www.youtube.com/watch?v=nHzSBccQqWk


I, for one, welcome our new bitcoin overlords. And as a trusted forum hack, I would like to remind you that I could be useful in rounding up others to toil in your underground bitcoin caves...



103. Post 10826871 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.05h):

Oh, forlorn hopes, keep the buys  up!! Onwards to $300   Grin




104. Post 10832150 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.05h):

Hmmm. Seems suspiciously quiet for a Friday. Were bitcoin traders scared off by the eclipse?? 

Little or no volume all morning. Something big is going to happen soon. Its gotta!!  Grin



105. Post 10857916 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.06h):

Quote from: Ask Ken About Love on March 23, 2015, 01:08:00 AM
when i go into public girls normally strap me down to administer cialis  Angry


LOL I'm more concerned with women trying to hit on my Cialis supply when they find out how much it enhances their pleasure and response.

The stuff aint cheap.

 Cool

These women friends of yours... If it's not indelicate of me to ask...  How big are their dicks, would you say?

Best put down ever.  Grin Grin



106. Post 10857930 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.06h):

Looks like the majority have it regarding the poll.

Well below 270, and its 9am here in London.



107. Post 10868687 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.06h):

Quote from: Fatman3001 on March 23, 2015, 09:42:43 AM
Looks like the majority have it regarding the poll.

Well below 270, and its 9am here in London.

lol

The high so far today on finex was 270.8

"Monday the 23rd price" is a bit ambiguous. I would interpret it as the average price of coins traded for USD during 23 March GMT.

"Well below 270" is less ambiguous. One could just check what coindesk puts as average price when the day is over.

Average for the 36hr day didnt get much better (was about 266). Is that still worth a LOL, or is it well below 270?



108. Post 10868850 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.06h):

Quote from: macsga on March 24, 2015, 06:36:47 AM
begin on start side of the river with wolf, goat , and cabbage - go across the river with the goat , leaving the cabbage and wolf behind (wolf won't eat the cabbage) , leave the goat on the target side , go back to the beginning side of the river (leaving the goat on the target side) , bring the wolf back with you and leave it on the target side , bring the goat back with you to the beginning side (leaving the wolf on the target side) , then , leave the goat behind on the beginning side of the river and bring the cabbage with you to the target side of the river , come back with empty boat , leaving cabbage and wolf on the target side of the river , return to the beginning side of the river to retrieve the goat , and then return to the target side of the river with goat, cabbage , and wolf , all intact ... easy Smiley

Correct, but there's a shorter solution. Click here: http://brainden.com/crossing-river.htm there is a lot more where the riddle came from. Beautiful puzzles and - BTW: you're hired! Tongue

Smiley


Why do we bitcoiners over complicate everything?

First step is to slaughter both the wolf and the goat on the shore. Now, the order of carriage is of no relevence. Where in the original requirements did it state that the wolf and the goat had to be alive on the other side? Was he starting a japanese petting zoo?   Grin Grin



109. Post 10868873 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.06h):

Quote from: gotmilk_ on March 23, 2015, 08:18:45 PM
WSJ article! Up up...  Cool
http://www.wsj.com/articles/nasdaq-to-provide-trading-technology-for-bitcoin-marketplace-1427140006

Buy on the HEADLINE!!!  Sell on the second paragraph.  Cool



110. Post 10869055 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.06h):

Quote from: btcponzieeg on March 23, 2015, 03:07:48 PM

World Bank Report: Bitcoin is a 'Naturally Occurring' Ponzi
http://www.ibtimes.co.uk/cryptocurrency-news-round-bitcoin-ponzi-scheme-bitpay-facebook-app-bitlicences-1457223


Thats not what tht report says at all. In fact it states that "Bitcoin is [ not a ] Ponzi scheme"

What it says is that Bitcoin has the potential to be a speculate bubble investment, by the actions of promoters who pump it up to the point that a rise in value is a self fulfilling prophesy. Of course that cant go on forever, so when it crashes, the last ones in will lose the most.

In that way it is no different to the property market in times of a speculative bubble. Everyone believes the price will go up, banks make more money available ( because borrowers now have more collateral), until it stops. Then some people are left owing $1,000,000 on property now worth $100,000.

So bitcoin is NOT a ponzi sheme. But if speculators are allowed to abuse it, then it will collapse as surely as if it had been.

Just remember, that 'the idea and infrastructure of bitcoin will always be worth more than the coins themselves' [ to an investor]



111. Post 10869096 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.06h):

Quote from: Fatman3001 on March 24, 2015, 09:28:42 AM



At 9am London time the price was 269.6 on coinbase.  That's what the lol was for. And no, 266 is not well below 270.

Okay, consider the triumphalist word "well" cheerfully withdrawn!!   Grin

Below 270 was my bet, and thats good enough for me.



112. Post 10869649 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.06h):

Quote from: HarmonLi on March 24, 2015, 11:06:17 AM
Aren't those problems with the weight effectively decidable with common sorting algorithms? I mean you just have to define a comparator (the stick and the side that goes down = heavier) and put it into Quicksort, Mergesort, whatever...

Close, but no cookie.

Its a binary search algorithm - nobody wanted them sorted.



113. Post 10869703 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.06h):

Quote from: 12345mm on March 24, 2015, 10:35:00 AM

... it's actually simpler than that [ ... complicated stuff ]


Hmmm.  Reread your post, and please explain to me exactly how you made it simpler??  Grin Grin

But I like your thinking. If we are looking for any survivalists in the photocopy room, we will keep your cv on file and will be in touch..






114. Post 10869711 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.06h):

Quote from: 12345mm on March 24, 2015, 11:17:10 AM
also , even if you do it in 1 trip , you still have to skin an animal and make a rope , costing you some amount of time depending on how good a skinner / rope maker you are so this may not actually be fastest despite being the least # of river crossings , and you lose the possibility of being able to make something else out of the hide other than rope , a blanket or rug for example ...

aahh, beat me too it, but only just!!



115. Post 10870399 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.06h):

Quote from: Fatman3001 on March 24, 2015, 12:39:38 PM
well ... someone just sold $2,000,000 worth of coins in the span of 10 minutes across all the exchanges ... nicely done ...
Anyone who knows what their strategy is?

Hard to tell. But it probably involves someone bent over with their trousers around their ankles, looking sorry for themselves.



116. Post 10871091 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.06h):

Quote from: noobtrader on March 24, 2015, 02:02:16 PM
derp less than 10% drop...  Huh

was that all you can do bear... really ?




117. Post 10871174 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.06h):

Quote from: macsga on March 24, 2015, 02:17:27 PM

5K dumps every 2hrs. Seems like a pattern... And it's yet the same old story: "Bullish news = Down we go"... Undecided

I think the fault lies with what passes for bullish news round here. It doesnt take much reading of most online 'bullish' reports to spot the spin, redirection or the plain untruths.

Or maybe the ancient greeks have a line on this? The modern geeks are certainly failing.

Anyway, panic is over, steady sideways for another while while we wait for more, erm, 'bullish' news.



118. Post 10871232 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.06h):

Quote from: abercrombie on March 24, 2015, 02:23:19 PM
Down we go gents, another hack!

https://cryptoine.com/

Code:
"Unfortunately, cryptoine was hacked.

The hacker found some race condition bug in our trading engine. Manipulation of orders gave him false balances.

Soon we reveal more details."

Another minor exchange discovers that their mongodb doesn't handle acid very well. whats that got to do with the big exchanges?



119. Post 10871562 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.06h):

Quote from: abercrombie on March 24, 2015, 02:57:58 PM
Looks like another dark market might go down?  

http://www.reddit.com/r/Bitcoin/comments/304rhd/why_the_fck_are_we_dropping_faster_than_a_fat/

Code:
"Evolution market just exit scammed, and now if you head over to /r/darknetmarkets you
can see that Agora, the second largest market (now largest), has just said they're going offline for
24-48 hours for a "security update." People are extremely nervous to say the least. If Agora runs off
too then that's basically the entire real economy of bitcoin going poof."

I'm so glad that I 20x leveraged into wheelbarrow futures.  Niggas gonna need'em to shift that much coin....   Cool Cool Cool



120. Post 10871697 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.06h):

Quote from: Fatman3001 on March 24, 2015, 03:14:14 PM
I had transferred 1 btc to a local exchange yesterday in order to pay some bills. I checked now and sold it for $274. Not the biggest break I ever got, but sweet.

are we "well" below 270 yet?   Huh



121. Post 10873567 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.06h):

Quote from: calme on March 24, 2015, 06:10:24 PM
i found a brazillian guy masturbating once and he just stared into my eyes and carried on

(this story has no point)

a conversation until i eventually left the room or picked up a book or whatever. the masturbation never stopped



122. Post 10874617 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.06h):

Quote from: Dump3er on March 24, 2015, 08:00:24 PM
experienced chart reader: another short term bearflag forming!

Weak hands = newb traders, gamblers, simple indicator-based analysis, panicky, easy to shake out

A bear flag isn't an indicator  Roll Eyes

In fairness, bassclef talks a lot of bollixnonsense.



123. Post 10880378 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.06h):

2000 coin wall being eaten alive on finex @246.48.  And so it goes on...   Cool

That was a fun morning!



124. Post 10880537 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.06h):

Quote from: LFC_Bitcoin on March 25, 2015, 09:57:17 AM
Any other HODLER's at a huge loss over all?

Me.....

By definition, if your a hodler, you havent lost anything. 

The current game is purely intra-day fun&games.



125. Post 10880556 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.06h):

Quote from: bassclef on March 24, 2015, 11:26:16 PM
Bullish RSI divergence 6h



Spectacularly wrong.



126. Post 10883282 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.07h):

Quote from: dump3er on March 25, 2015, 03:12:28 PM

Moan moan moan, humourless moan


You know folks, when reaching top of this small correction, who panics first panics the best!

Brace yourself to panic quickly!

Just need to get through the resistance @248 and then....



CCMF!!



127. Post 10886091 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.07h):

Quote from: gentlemand on March 25, 2015, 07:39:38 PM

They have 100,000 merchants lined up but only 28,000 out of an eventual 1 billion coins available for the first 99 days. There might be the odd squeeze.


They dont say merchants.  They are probably people on their mailing list. Im sure they will be as surprised as we are when they find out....

Quote from: gentlemand on March 25, 2015, 07:39:38 PM

Any coin with a 'co founder' doesn't sound too encouraging either.

Especially when said co-founder is a thief.  Sorry, I mean Atief. Unfortunate, yet strangely prescient name for a shit coin founder... Grin Roll Eyes

I'e seen some mind blowing examples of hubris and self praise in the crypto world, but this is on another level.



128. Post 10886187 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.07h):

Quote from: Fatman3001 on March 25, 2015, 08:17:05 PM
LMAO this leocoin stuff is comedy gold!   Cheesy
Noobs are going to get burnt hard on this. I can see the posts now on reddit (LEOcoin lied! Let's shame them on the interwebs!)


Just wonder if it's going to impact Bitcoin in the media.

That press release would not get past any intelligent sub editor. cnbc carry that rubbish without even checking it, as there are loads of other similar crap on that site.

So, No, probably wont make mainstream media, or have much impact - imho

PS - I was still right about bitcoin sub270 on Monday...  Cheesy Cheesy Cheesy Cheesy Cheesy



129. Post 10887429 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.07h):

Quote from: molecular on March 25, 2015, 10:19:14 PM
Do you want to trade some shitcoins?

i need the mp3 to make it my phone main melody! Grin Cheesy Grin Cheesy Grin

there's an excellent tool for that: youtube-dl.

the -x switch tells it to extract audio only after dl
"--audio-format mp3" optionally converts to mp3


#> youtube-dl -x --audio-format mp3 https://www.youtube.com/watch?v=3gfntBEI3Aw




nice..  Grin



130. Post 10887518 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.07h):

Quote from: gentlemand on March 25, 2015, 10:40:09 PM
VAT certainly is for pussies.
I pay the smallest amoung of tax I can get away with.

Nobody is ever going to tax me on my BTC if I sell off my stash in the future either.

What's your plan then? It's either tax exile or constantly fretting about being nailed. Neither sounds like huge fun to me, but it depends on how bad your local tax regime is.

Ive done the tax exile thing and its not too bad.  Surprisingly easy to stay under the radar in the information age. if you dont come up in a quick search, they cant find you.



131. Post 10891751 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.07h):

Quote from: SilenceOfTheLamb on March 26, 2015, 11:41:32 AM
Why do you keep killing your prophets, Bitcoiners?  Why?


Good morning, gentlemen?

Because Salome's just worth it.  Cool



132. Post 10892206 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.07h):

Quote from: Ezmoneyezlife on March 26, 2015, 12:31:46 PM
dont be angry, just profit...

you know the drill...

Yup, but its fucking ridiculous, couple of willy/markus bots on chinese shitty exchange own minds of people hurrying to place more longs to get rekt once again.

It is, but you cant fight sentiment!!  Just find an angel to profit from the madness and carry on.



133. Post 10896260 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.07h):

Quote from: rolling on March 26, 2015, 08:34:38 PM
Holy crap $200 for 0.1 BTC... Buy they don't really mean anything without a seller.

It is gone, price crashed back to 500 $/BTC  Grin

From the 2014-09-30 financial statement on that page, I understand that now the fund is managed by Greyscale, and they no longer buy or sell bitcoins and no longer buy or sell shares for dollars (page 31+).  Instead, there a 1st level broker and a few 2nd level brokers (including those 4 listed on the page).  Those brokers can buy shares from Greyscale with bitcoins only, and will get bitcoins when they sell shares to Grayscale.  In other words, it is now the brokers and the investors who must buy and sell the bitcoins on exchanges; Greyscale will just keep them safely until they are redeemed or stolen.

My guess is that those bids are just the 2nd level brokers testing the system, and the bids are not being filled because the only authorized sellers are the same 2nd level brokers, and they have no shares to sell.  They must either buy some shares from Greyscale, or wait until some of the early BIT investors gives them their shares to sell.

I think you need to work on your reading comprehension.

what part did he get wrong?



134. Post 10896339 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.07h):

Quote from: macsga on March 26, 2015, 08:54:20 PM
*NLC crap*

Seriously WTF? Could we PLEASE persuade Theymos to bring back the newbie prison? My ignore list goes to DA MOON just by ignoring sockpuppets! Grin

Do you not think that such a post just serves to further validate them? Learn to 'silently discard' as we say in the protocol world.



135. Post 10896739 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.07h):

Quote from: rolling on March 26, 2015, 09:20:26 PM


Basically, shares of GBTC are created by exchanging BIT for GBTC and destroyed by redeeming GBTC for BIT



BIT holds the bitcoin. There is no fractional reserve. Each share of BIT is backed by 1/10 of a Bitcoin and shares of BIT and GBTC are equal.

But if GBTC is simply the ticker symbol of BIT, what do you mean by the above statements?  Huh Huh Huh Huh



136. Post 10919524 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.07h):

Quote from: Ask Ken About Love on March 29, 2015, 11:36:02 AM
...
Oh dear it seems you are a British kid.
...


@Ezmoneylife: Please do not post any personal information, that's how people like inca operate.

Next thing is JumboTomato will doxx you, and send your details to his ladyboy friends.  Roll Eyes Roll Eyes

Boner meds, anyone?



137. Post 10920560 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.07h):

Quote from: shmadz on March 29, 2015, 02:04:23 PM
The Peter Todd Drama is just heating up, with the potential of essentially forking the development team. If there ever was a time where "fundamentals" stand on dubious grounds it's now.

I thought the "foundation" already forked the code like weeks ago?  Wink

http://qntra.net/2015/03/bitcoin-foundation-reaches-release/

 Shocked  Grin  Cool

Meh, just some sparking over lazy choices made in 0.10. Hardly fork inducing.



138. Post 10920706 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.07h):

Quote from: 12345mm on March 29, 2015, 02:16:06 PM
so ... currently the TOR protected blackmarkets are all taken down simultaneously / are "being attacked" , so if any of those "trustworthy" places are actually hacked / get spooked / decide to take this opportunity to run off with another few dozen thousands of btc of purely criminal money , we get to drop another $50 like we did 10 days ago ... if they stay down (potentially as a result of government action to remove those blights from society) , bitcoin loses all real current use value of obfuscating illegal activity ... yknow , since it's not easier , cheaper , or faster than traditional payment methods , and isn't used for remittances (since 3rd world countries don't *have* local currency bitcoin exchanges , poor people don't typically have bank accounts to link to exchanges anyway , and these economies have 0 places to spend raw bitcoin) ...

oh ... and taking bets on if all couple dozen or so unregulated exchanges are being run 100% without fraud / insider trading / false buying / false selling / illegal fractional reserve eventually leading to outright theft (aka goxxing everyone again) ... think about that ... yeah ... all , every single one , of the exchanges currently in operation are 100% being run legitimately , despite complete lack of regulation or oversight ... sure ... what , no takers ? ... comeon 10 to 1 i'll give ya ... no takers still ? ... damn ... but all joking aside ... i cannot wait to get just *ONE* fucking legitimate regulated exchange ... any new eta at all on gemini ? ? ? ... Q1 was the supposed target , and that obviously did NOT happen ...

btw ... when we fork this shit , do you all think price will plummet $50 , $100 , or $ 150 ?

Wow. Please point on the doll where the bad bitcoin man touched you...    Grin Grin Grin

Seriously though, I see your point. But is it not a natural progression of a new technology that the bad guys will leverage it first? We all know of the Gutenberg bible, but there is plenty of evidence ( although probably anecdotal) that it was far easier and cheaper to get your hands on pornography created on early presses than a bible. Same with moving pictures and the internet itself.

As bitcoin matures, anomalies like SR and BSM will become mere footnotes to the wider acceptance of bitcoin. Bitcoin pricemay crash in the shakeout, but that could happen from speculation/manipulation anyway. Long term prognosis though is positive ( but not moonish)
As for your point about :

Quote
and isn't used for remittances (since 3rd world countries don't *have* local currency bitcoin exchanges , poor people don't typically have bank accounts to link to exchanges anyway

Its not really an issue. Many unbanked people use other electronic tokens (mobile minutes) to transact. Making the leap to crypto wont be as onerous for them as many think.



139. Post 10930470 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.08h):

Quote from: Ask Ken About Love on March 30, 2015, 01:48:25 PM

"They want to use anonymous currency that allows them to do transactions, move large amounts of money, without ever being traced.
That's why digital currency is very important. It's used for all this bad stuff."
--Tate Jarrow, recipient of U.S. Secret Service Exceptional Service Award



Quote from: Tate Jarrow

"Digital currency exists because people want to be outside that system," he added.


Well, Duh... Grin Grin

A bit of blow and a few fapsites dont worry the NSA - the dollar is more than capable of funding that.



140. Post 10930527 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.08h):

Quote from: Ask Ken About Love on March 30, 2015, 02:24:19 PM
...

...

A quick usage pointer:  You can't have doom.  Ever.
Always being just out of reach, always looming somewhere in the [horrifying] future, is the most excellent, defining quality of doom.

Doom is the harbinger of disaster, a promissory note of endless weeping & gnashing of teeth.
What you are asking for is death & devastation, ruin, eternal pain & suffering (all of which will be starting shortly), but not doom.



It originally meant "to put something in place" , so preparing for doom, is a bit like preparing to prepare. (germanic, related to do )



141. Post 10931886 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.08h):

Quote from: soullyG on March 30, 2015, 04:45:14 PM
I agree. Could you give me your ignore list, and I will copy it.

Here's mine if it's of any use:

http://pastebin.com/DJQxU2zi

Wow. What a wanker that guy is. But at least I made no. 379 of 427.   Grin




142. Post 10932113 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.08h):

Quote from: D05GTO on March 30, 2015, 04:58:21 PM
I don't get the amount and inflation argument at all.

Well, if you look at this as a numbers game.  There are roughly 2 million people only in the US turning 18 this year.  So that's less than 1 BTC per 18 year old.   So, times the amount of total people in the world, the amount of BTC generated per year is a droplet.   Look at the forum here.. over 1k accounts created per day.

That has nothing to do with its value. Its value is a function of its market - the value  of all goods traded with it.

If you take paypal for example, it moved $180bn in 26 currencies in 2013. If bitcoin got 10% of that market, say $18bn, it could potentially value a bitcoin at up to $800.

Any other valuation basis is purely delusional.



143. Post 10932667 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.08h):

Quote from: NUFCrichard on March 30, 2015, 05:51:56 PM
...
If you take paypal for example, it moved $180bn in 26 currencies in 2013. If bitcoin got 10% of that market, say $18bn, it could potentially value a bitcoin at up to $800.
...

Unless the stress is on "potentially," silly.
1. You buy a Bitcoin from me for $200, using PayPal.
2. I use that $200 to buy two bitcoins a month later, again using PayPal.
3. PayPal has handled $400 worth of transactions, with only $200.
4. $200 is worth $400, QED.

That's how fractional reserve banking works!
It's a great way to count the same money multiple times and make your economy look far bigger and stronger than it actually is!

Sooner or later bitcoin will "benefit" from this too.

Of course, "Potentially" should have been emphasized. So it goes. But the point I'm making is that bitcoins value is a function of its share of the market. Even if that is expressed in overall volume, not actual value. But with QE, who knows what actual value is anyway.



144. Post 10934134 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.08h):

Quote from: uhoh on March 30, 2015, 08:41:44 PM

This. no point blocking people that actually add something.

Also, Norway, you can copy and paste the whole list in profile->ignore

These vast ignore lists just identify the narcissistic fools that populate this forum. If you exclude all opinion you don't agree with, for reasons you cant explain or understand, then you are no longer having a "discussion" but merely partaking in a circle jerk.



145. Post 10951965 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.08h):

Quote from: KryptoFoo on April 01, 2015, 12:42:48 PM
[Bitcoin] confirmed [as] april fools joke



Oh No!  Huh Grin Grin

Is this big news?



146. Post 10952850 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.08h):

Quote from: JorgeStolfi on April 01, 2015, 02:00:15 PM
Back in April 2014, user @BTCat asked people to give their predictions for today's  price price.  As you can imagine, most of the predictions were well above 1000 $/BTC.  So one guy who guessed 135$ had a very easy win.  The same user also posted a second prediction of 266$ on June 2, but it was disqualified for being one day too late.

So now you know who has been manipulating the price all along.

Wow. So much hopium consumed...

Looks like Fonzie had the measure of where it was going all along. Kudos.  Funny how even a year ago there was talk of wall street and an end to criminal activity.



147. Post 10952950 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.08h):

Quote from: JimboToronto on June 25, 2014, 02:29:32 PM
How about you, Fonzie?  What is your investment into BTC as compared with other assets?  What kinds of percentages do you have?  How do you consider your  BTC holdings, as compared with other kinds of assets that you hold or control?

Fonzie's assets?

Let me guess... 1 slingshot, 3 Pokemon cards, 1 yoyo, 2 GI Joe dolls, a Betsy Wetsy action figure and an iPhone.

Maybe his mommy also bought him a Schwinn.

 Cheesy

Good Lord jimbo, you have been a nasty piece of work for a long time, havent you?  Angry



148. Post 10953084 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.08h):

Quote from: damiano on April 01, 2015, 02:48:17 PM
Looks like 250 is now sealed off

Wait for the chinese wash later, break 251, then back down to 244. Its been like clockwork last few days.


Unless they get the april fool joke as well and give up?  Huh Huh



149. Post 10955827 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.08h):

Quote from: inca on April 01, 2015, 06:57:11 PM
Pages and pages of troll rubbish. Price flat.

Meanwhile the slow accumulation of long positions continues. Looking forward to the much awaited announcement finally happening.

Are you seriously waiting for the Rapture?  Huh Huh



150. Post 10955853 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.08h):

Quote from: sporket on April 01, 2015, 06:27:59 PM
^No more need to chat him up, now that you got his money?
Here, have a bone. And welcome to my ignorelist.

No, you welcome to MY ignore list Angry




I'm not joking, you're now ignored, but that's not all!  I'll post my ignore list here, right in this thread, between code tags, to share it with other serious posters.
And each time you see your name, you'll flush with shame... knowing that your once-friends know just how little I think of you.  That's right--all your ex-friends will know that you're being ignored by ME, and they'll laugh at you.  And you'll cry.  You'll think that you look like this...



...but you won't, you'll be all covered with snot & stuff.  Eww, gross!
And crying won't help, because no one will care!  Because you're now IGNORED!!!

Yeah, that's right...  See how that backfired on you?


*P.S. don't even bother replying, because I won't see it--you're ignored!

well played sir!!   Grin Grin Grin



151. Post 10955883 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.08h):

And...pumpity pump pump....   To 251?  Or out of puff at 248?

Lets not be greedy and cut at 248.




152. Post 10956008 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.08h):

Looks like its all over, just saw this bitcoiner running from the huobi exchange minutes ago....




153. Post 10956991 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.08h):

Quote from: adamstgBit on April 01, 2015, 09:23:33 PM

https://youtu.be/pCbBMAeX0ok

 Grin Grin Grin

Brilliant!  If the rope around your neck wasnt enough, the shredder will kick the chair out for ya....



154. Post 10959078 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.08h):

yay. good work by admins.

Usual overnight rise to 248, followed by drop to 242.  Handy 1.8% (nett) gain in 24hrs.



155. Post 10965653 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.08h):

Quote from: YourMother on April 02, 2015, 08:02:59 PM
How does this service work?
They don't explain it in their site.

Are they using BTC and then converting it to fiat again? Are they just using the blokchain without touching BTC?

They just say "we use the blockchain", do you have more details on how this all works?

https://aligncommerce.com/how

Looks like a shitier version of paypal

 Grin  I dare anyone to locate on that website where they actually explain what the fork they actually do. Lots of insinuation, allusion, etc. But no explanation.
Its like an unfunny version of Southparks 1-2-3 PROFIT!!!  sketch.    Cool



156. Post 10965800 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.08h):

Right, all out at 252 & Im done for the night. 242 by 8am GMT?  Buy it all back.  Looking for 2.1% nett.  Grin Grin Grin Grin

Keep manning those pumps.



157. Post 10970024 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.08h):

Quote from: gkv9 on April 03, 2015, 12:13:46 PM

It is a currency, and should be used as a currency rather than just being "traded for profits"...

Jesus, who invited that kid?  Huh Huh







(joke)



158. Post 10970059 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.08h):

Quote from: tarmi on April 03, 2015, 12:24:44 PM
meanwhile in the bull HQ...


- "we will break 250 easy peasy"
- "yeah! there is like no resistance! let us wire some real cash asap! those fools will think that a genuine and organic growth is coming"
- "we will push this to 275 at least and close those longs on top of their poor heads!"
- "agreed! that will be our finest hour!"








- "now, let us place a nice hidden support"
- "once those fools start to dump they will realize how strong and determined we are"
- "you dont fuck with bitcoin bulls!"
- "hell no"
- "they will start to panic buy themself our asks!"
- "fuck yeah!"
























Yeah, that really ruined my morning. But hey, ho. Friday Night Bonustm on the way?
Cant see that support holding into the US night, Asia monring.  



159. Post 10978960 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.09h):

Quote from: Omikifuse on April 04, 2015, 05:11:06 AM
I've been thinking, and it seems the bitcoin market is really really hyped up, but bitcoin's actual uses: a small pool of gamblers and addicts. That is it. Until it is used for real buying and selling (which it is not in the least bit) I think the price could go to as low as $20-$50.

say it to the rich people that invest million in bitcoin start ups...

But most of those will profit from the bubbles created by flag wavers on this forum. They have no long term interest in it. Rich poeple get rich by understanding markets and understanding how assets make money. They get rich by knowing the difference between a currency ( a medium of value exchange) and an asset. Most people on here believe "a bitcoin" is "an investment" to be "hodled" until you can buy small planets with it in the future.

Rich people know there's real money to be made from people like this.



160. Post 10979085 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.09h):

Quote from: Cconvert2G36 on April 04, 2015, 07:19:03 AM

Tell that to mybitcoin.com users.

it was an online wallet. it ran off with everyones money. those people that used it, including Bruce, were stupid. sorry to say.

And Bruce was the only that got his money back. But it was only 25K BTC at an exchange rate higher than it is today. The act of kindness did show that Tom Williams had a heart, but he quickly came to his senses and kept the rest on deposit. Shortly thereafter, Bruce and Ed went to Pattaya and made a many young boys very, very happy with their infamous three-prong attack.

How are they connected?  I thought his name was Burt.



161. Post 10982337 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.09h):

Quote from: NotHatinJustTrollin on April 04, 2015, 04:31:05 PM
http://www.butwithbitcoins.com/


That is f*ckin genius.  Best post ever  Grin Grin



162. Post 10982368 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.09h):

Quote from: JimboToronto on April 04, 2015, 05:58:31 PM

When he asked which mobile app I used, I pulled out my device to show him and he immediately scanned the QR code and gave me a 0.05btc tip.


Are these grindr 'euphenisms'??  I'm so not hip these days....



163. Post 10982696 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.09h):

Quote from: JimboToronto on April 04, 2015, 06:53:39 PM
... grindr 'euphenisms'....

Had to google "grindr" to find out what you were blathering about.

I'm not really up-to-date on what you LGBT types are doing these days.

You might want to ease up on the abrasives though. Your rectal discomfort seems to be dominating your life.

  Grin



164. Post 10984841 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.09h):

Quote from: JorgeStolfi on April 04, 2015, 11:29:25 PM

And, if bitcoin actually dies before that date, this forum will probably be closed; so it would be pointless to enter "$0"  Grin


I disagree. I dont think  bitcoins death would have any effect on this forum. Granted, trolling would be infinitely less fulfilling, but the bulls would continue undamped.

$0.01!! CCMF!!


ps I really dont want bitcoin to die, i want it to thrive  Cool

pps The forum would have a higher market cap than the coin!!



165. Post 10988263 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.09h):

Quote from: inca on April 05, 2015, 08:24:35 AM


You cannot find any genuine reason why bitcoin will fail in its current implementation. Solution? Find a hypothetical problem by changing the protocol. Lol.

You need to get out more.

How is it hypothetical? Hasnt bitcoin halved before? All stolfi is saying is that the protocol is not cast in stone - there is built in 'wriggle-room'. And as i pointed out before, the protocol is so clever, that you can be sure that these parameters are not there by 'accident'

He said that bitcoin has halved before with no appreciable change in price, and it will do so again. The timing of the event doesn't seem to be critical.

Quote
You cannot find any genuine reason why bitcoin will fail in its current implementation

Has he said it will fail? I see he is skeptical about $100k+ coins ( i agree) and about its long term success ( I disagree), but I dont see him screaming doom. Just some reasoned arguments that are only being countered with shouts and threats.

If bitcoin is to stand any chance of having any credibility in the wider world, you will have to raise your game in defending it.



166. Post 10989110 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.09h):

Quote from: inca on April 05, 2015, 01:02:53 PM
<troll crap>

NLC, I worry you might be mentally ill. All you do all day is talk to yourself on a bitcoin forum. The point being talk to yourself, as after this message I will ban yet another of your pathetic alts.

Maybe you can talk about child pornography with yourself (another favourite of yours). Why aren't you posting from your main account instead of 'sporket' again?

Perhaps you could have a chat with yourself about how you sold your entire stash at 600 dollars and watched the price double in the following months becoming more and more bitter each passing day. Eventually posting 8000 times in 9 months trying to troll the price lower.

But feel free to keep posting that I bought one coin on december the 4th 2013 to your heart's content!

Back to ignore my feeble friend.

EDIT: oh and dec 4th was nowhere near the top, but i am pretty sure 160 was the bottom Smiley


So, apart from that ad hominem rubbish, Did you buy at the top???



167. Post 10989187 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.09h):

Quote from: podyx on April 05, 2015, 01:08:55 PM
When is LEOcoin releasing?

LEO Core Presuppositions
We hold it to be true that:
1) Our members are the heart of our business  (after all, your money is our money)
2) There is greatness inside everyone (Most of it in the form of $$$$)
3) Diversity is empowering ( confusion is profitable)
4) True success causes no harm ( To us anyway, Sucker!!!)
5) Fast is better than slow ( Or else the rubes will cop on!!)

source blue text my own



168. Post 10989280 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.09h):

Quote
1) point out which part of those statements were rubbish

What? Your whole post was personal!!   Grin Grin Grin

Quote
2) given the majority of my coins were safely locked away in march/april 2013, who cares if i did?

Forgive me if I think that is just a big bitcoiner porky pie...  So you were in bitcoin since early '13, squirreling away those cheap coins. eh?

Quote

Inca Date Registered:   November 10, 2013, 02:10:27 PM

I think you might have come a little late to that party...



169. Post 10989847 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.09h):

Quote from: inca on April 05, 2015, 02:24:28 PM

Lets just say the biggest financial mistake I ever made was opening my bc.info account in nov 2012 and watching the price for a few months before jumping in.


Ok. If you insist.  Roll Eyes



170. Post 10991333 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.09h):

Quote from: WeltMaster on April 05, 2015, 05:00:45 PM
On the 27th and 30th August 2013 Markus bought a lot of BTC, further faking the bull market (total net BTC bought by Markus = 297628). From the Willy report:

In this table, the first two trades (buy/sell pairs) are by some regular user with ID 238168. In the second trade, this user buys 0.398 BTC for $15.13. The next trade is some large market buy by Markus (ID 698630): note how the “$15.13″ value from the previous trade seems to “stick”; regardless of the volume of BTC bought, the value paid is always $15.13. This is speculation, but perhaps for Markus, the “Money” spent field is in fact empty, and the program that generates the trading logs simply takes whatever value was already there before. In other words, Markus is somehow buying tons of BTC without spending a dime.



 I took that to mean speculation concerning the mechanics of the bot:  the actions themselves are not in question.

that db dump was doing the rounds last year, im sure you can still download a copy of the raw data if you are interested.



171. Post 10997665 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.09h):

Quote from: noobtrader on April 06, 2015, 06:35:52 AM


Among the companies at the forefront of this move is DRW Holdings, a high-frequency trading firm in Chicago founded by former options-pit trader Donald Wilson in 1992.

Not exactly a gilt edge trading house.



172. Post 11001014 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.09h):

Quote from: fonsie on April 06, 2015, 05:22:51 PM
Bitcoin inches a bit closer to full regulation in Massacchhuussettss:
Tewksbury police pay bitcoin ransom to hackers

Smart criminals, avoiding chargebacks this way. It seems bitcoin has many use cases, thanks to bitcoin it didn't get bloody.

Too bad that the same people that need to protect us are incapable of protecting some files.

Indeed:

Quote
and the most recent untainted files were 18 months old.



173. Post 11002648 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.09h):

Quote from: ssmc2 on April 06, 2015, 07:20:13 PM
http://fortune.com/2015/04/06/nike-cio-bitcoin/

Hey look at that, another top exec making the move to a BTC start-up.


edit: But bitcoin's going nowhere amirite trolls?  Roll Eyes




174. Post 11002961 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.09h):

Quote from: Fatman3001 on April 06, 2015, 08:16:00 PM
http://fortune.com/2015/04/06/nike-cio-bitcoin/

Hey look at that, another top exec making the move to a BTC start-up.


edit: But bitcoin's going nowhere amirite trolls?  Roll Eyes



Seen lots of this from you lately. Guess you decided to short and now you're underwater?

Nope, I buy low, sell higher. 1-2% tops. Last few weeks in the 240 - 250 range, so now that we have moved up, I'm waiting for it to settle or move back down.

My above comment relates to non-news being trumpeted as the New Dawntm



175. Post 11014491 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.09h):

Quote from: Specular on April 07, 2015, 06:35:42 PM
Can you guys exactly tell me what is GBTC, and how it's working?


http://www.otcmarkets.com/stock/GBTC/quote



GBTC is going to be the world's first publicly traded Bitcoin fund. Barry Silbert launched this thing in 2013 and they found a sneaky backdoor to putting a "Bitcoin fund" on a public exchange by publicly selling shares that have been held for 12+ months on an "Over the counter" market (not a top-tier one such as NYSE or NASDAQ). It is not officially an ETF (which is what the Winkle Twins are going for on NASDAQ), but it functions in much in the same way (with pretty hefty fees might I add). Effectively, each GBTC share is worth 0.1 Bitcoins, and it is set to start trading sometime this week, or so we are led to believe by Barry Silbert's Twitter account.


http://pando.com/2015/03/02/barry-silberts-bit-wins-the-race-to-become-the-first-publicly-traded-bitcoin-investment-vehicle/

Ya know, the goofed out harry potter picture kinda explained it better. Roll Eyes



176. Post 11014507 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.09h):

Quote from: inca on April 07, 2015, 10:14:15 PM
<concern trolling crap>

Give it a rest, you don't fool anyone.

I still love how serious you take it....  Grin Grin



177. Post 11014636 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.09h):

Quote from: Bitcoiner_cph on April 07, 2015, 08:42:43 PM

LeoCoin is a joke. I have to say I only spend a short time on reading about it, but everything smell about LeoCoin...


Charlatan!  Anyone who is anyone knows its the NextBigThingtm

No more hidden DEA or FBI actors in cryptocurrency.

All Hail LawEnforcementOfficerCoin!!   Grin Grin



178. Post 11021476 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.09h):

Quote from: Alley on April 08, 2015, 03:08:42 PM
Where are you getting this info that leocoin has tripled in value?  What exchange?  This coin looks DOA with no volume at all.  I can't even find a price.  I see a bid for 30 cents a coin on one exchange assumeing its not a scam site.  But the bid/ask spread is huge.

Youv'e answered your own question there.....  The bid/ask spread is huge.   Shocked Shocked Shocked



179. Post 11022219 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.09h):

Quote from: Alley on April 08, 2015, 04:24:59 PM
Do you think were stupid? 

OK - anyone want to take this one? Its a poser alright.  Huh Huh Huh



180. Post 11022240 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.09h):

Quote from: KFR on April 08, 2015, 04:19:47 PM

Dude you know just as well as any of us that this place died ages ago.   Cool

Between the trolls, sock puppets and Theymos' questionable decisions the only reasons to come here are to watch the car crash and to stay in touch with the people that used to keep this thread worth visiting more regularly. Smiley

Dude, You need to keep fighting. Remember, THEY are trying to buy all the coins. YOU must not let them.




181. Post 11028755 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.10h):

Quote from: macsga on April 08, 2015, 09:16:59 PM

FYI:
I've been a mod onto multiple forums for quite a long time (I'm online since 1995).
I take it the 'online since 1995' reference is to form the impression that he might know what he's talking about, I smell a rat....

Quote
I tend to give people a couple of chances in order to prevent their "bad" posts prevail over the "good" ones.
Bingo!!  Hubris on a grand scale!!  This guy is going to censor the internet in the name of what he considers 'good'

Quote
Both of you, as well as mmitech are on this list not because you're bears (others here are too) but because I found more than 3 of your comments insultive to other users. I find this intolerable IRL, also as on an online (public) forum.
Oh, where to start with this one?  "I have set the threshold, and you crossed it. " I wonder where he has posted this threshold. It must be secret... So much for being open and decentralised. And where do we find his defintion of "insultive(sic)' This sounds a bit subjective. Like you could wind up behind bars for saying the wrong thing.
Anyway, I thought this was a private forum, no? Dont you have to register, accept terms, and then log in to view?  Huh Huh

Quote
I have no authority here
And I get the impression he has no authority anywhere else in his life, either.

Quote
this list is made just to keep this thread clean while I try to maintain the information flow.
And what information flow would that be? The "lets not point out the obvious flaws in our to the moon strategy for bitcoin' information flow? The 'we need to get as many new people into bitcoin as possible' information flow? The "Theres at least one more price bubble left in bitcoin" information flow?

Quote
If you behave then I will remove you from it. I don't have anything against you, I can't tolerate insults to others.
Hope he doesnt bother. Greece was once seen as the foundation of democracy. But this guy is a clear example of how had things have gotten for them. Whatever happened to the idea of " I hate what you say, but I will fight for your right to say it" mentality?  All this anti-establishment bullshit about bitcoiners, but scratch the surface and most of these idiots are more conservative than your local tea party comittee. Just not nearly as smart.



182. Post 11030357 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.10h):

Quote from: Fatman3001 on April 09, 2015, 11:01:47 AM
Am I the only one who thinks that 242 isn't quite the doom we were promised?

but its a buy. Wait for the rise over next 48 hours and sell. Easy 2%
If you are sitting waiting for $300+*, then your cash would be far better employed elsewhere.

* or $3,000 or $36,000 depending on your bullish notions



183. Post 11033629 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.10h):

Quote from: JorgeStolfi on April 09, 2015, 03:41:03 PM
There are those who claim Bitcoin was created by the NSA as the ultimate honeypot.  The reasoning goes something like this:

1.  Bitcoin attracts the criminal element <==prima facie, empirically substantiated, currently held axiomatic.
2.  Those attracted to Bitcoin are criminals <==somewhat of a logical leap, but again, shown to be true in 99% of the cases.  Remaining 1% are weirdos who like losing money, so who cares.
4.  Bitcoin is instrumental in fighting crime by impoverishing those who hold it. <==not life-affirming, handicapping the criminal contingent.
5.  What's more, criminals pay for their own demise (arrest->confiscate BTC->sell BTC (to criminals, who else)->rinse->repeat). <==PROFIT!

Bitcoin is best crime-fighting tool ever, Q.E.D. Undecided

No joke.  A year ago, at the NY hearings, the FBI testified that they were not worried about bitcoin, so I read.  To this day, I have not read of anyone from US law enforcement calling for it to be banned.  Not even after the ransomware attacks against government offices.

Objectively, catching Ross Ulbricht must have been much easier than catching a traditional drug dealer, since much of the investigation could have been done remotely, by agents sitting at their desks, with hot coffee and donuts at hand...



Meh, anyone with half a brain will learn from his mistakes. There was a lot of traditional policing ( or entrapment, if you prefer), directing of the case, and ultimately just plain surprising him, Kojak stylee, in a library.

Oh, and another thing, if you are looking for a career and are an ardent note taker and record keeper, try accountancy. Drug dealing may not be the business for you..  Grin Grin



184. Post 11035155 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.10h):

Quote from: 12345mm on April 09, 2015, 06:20:37 PM

entertaining for sure ... nuttier than a snickers bar , yup ... you betcha ... i watched a few of her videos until it became unpalatable / clear she is nutter butters ... recommend watching a few though for entertainment value ... like watching a dog crapping on a baby ... or 2 girls 1 cup ...


Re-watched that video and I take it all back. Its pretty good. Rails a bit too much on the BF, but what else are we going to do. Too many brainless idiots involved in bitcoin to let it exist in an 'organic' self-managing manner. It needs smart people to guide it, and Im afraid smart people cost money.




185. Post 11035428 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.10h):

Quote from: Fatman3001 on April 09, 2015, 07:25:24 PM

alot of what she says makes sense but shes takes it to the next level for entertainment purposes. her videos are all pretty fucking intense, always fun to watch.

They're intense because she's a poet and writes much of her work as semi-poetry and perform them as poetry. She means every word though. I saw her in an Alex Jones video and some video about the Bilderberg conference, and it's... I can't take it seriously. Funny thing is she's an anarchist, but she seems pretty determined to boss people around.

I take it you've been poppin the irony supp's lately?   Grin



186. Post 11035854 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.10h):

Quote from: Fatman3001 on April 09, 2015, 07:46:08 PM

Quote
I take it you've been poppin the irony supp's lately?   Grin

qe?

Oh, disregard. Happy hour at the Frog And Toad all afternoon.



187. Post 11048816 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.10h):

Quote from: Norway on April 10, 2015, 10:31:41 PM
...based on calculations I did comparing other currencies with bitcoin and the role it can play as a global currency Wink

My god  - He is satoshi!! 

The founder of bitcoin is on minimum wage in a Norwegian warehouse. Who knew?



188. Post 11048885 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.10h):

Quote from: damiano on April 10, 2015, 11:08:44 PM
Perfect setup for a weekend crash

I think we alread had it @7am and 1pm today. Totally killed the friday evening bonustm.
Should bump along till monday. But then what?



189. Post 11048940 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.10h):

Quote from: macsga

this list is made just to keep this thread clean while I try to control the information flow.




190. Post 11056251 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.10h):

Quote from: gentlemand on April 11, 2015, 05:27:32 PM

Maybe it has to do with having a basically 2-party system. That tends to polarize. Those not in power tend to feel disenfranchised and resentful.

Minority governments on the other hand, tend to build consensus.

Just my 2 satoshis.

Well, Britain's effectively two parties and the current coalition is the first in a long time. You don't get people frothing at the mouth at each other.

Having said that, the most rabidly right wing Brit would probably be regarded as a commie pinko begging to be relieved of their life by their American counterpart.

Rational balanced opinions are viewed with suspicion. Polarisation seems to be the theme for politicians and citizens these days. Its just that the extremes make the most noise.

But despite the crap they have to live under from their 'government', America seems to have a higher proportion of basically decent people than most other countries. I've experienced random acts of kindness in remote West Virginian owns, and rough New York suburbs that would never have happened in many other counties on the world.

The difference between UK and US politics is that UK people dont believe the crap their politicians tell them.  Grin (but who else you gonna vote for? Farrage? Ugh.)



191. Post 11056423 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.10h):

Quote from: Fatman3001 on April 11, 2015, 05:57:27 PM


The gays in the military debate was pure entertainment gold. Why check the experiences of the dutch and the swedes when you can barf out every brain fart you have to an international audience.

Yup, check with the dutch....

Dutch Police



192. Post 11056686 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.10h):

Quote from: macsga on April 11, 2015, 06:37:44 PM
...
Now those Greeks... Don't even get me started!
...

Yeah, there's a reason for this...
They get you into The List in no time...

PS: List is now updated.  Grin

Greeks should spend more time paying sovereign debt than trying to censor the internet.

GET A JOB, YOU BUM!  Grin Grin



193. Post 11057006 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.10h):

Quote from: Norway on April 11, 2015, 06:58:25 PM
8 comments on this page is ignored....

...yet this guy will still tell you that he is "informed" Grin Grin



194. Post 11057324 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.10h):

Quote from: Shatoshi on April 11, 2015, 07:39:56 PM
I don't think it is money motivating all the alt trolling, it's pathology.

They study the causes and effects of diseases by studying us bitcoiners?

How dare you, zealot. Consider your cheek slapped with the glove here in my hand.

edit: If i was greek, and a horse's ass, I'd be putting you on a list, buddy.



195. Post 11067941 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: Fatman3001 on April 12, 2015, 08:17:34 PM
That would be brilliant

Would that be, like, a centralised standards center? A central point to standardise bitcoin?

Wow. That wuold be such an advance for bitcoin, That would be brilliant



196. Post 11068053 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: Fatman3001 on April 12, 2015, 08:31:45 PM

Would that be, like, a centralised standards center? A central point to standardise bitcoin?

Wow. That wuold be such an advance for bitcoin, That would be brilliant



Well, I'm pretty sure you weren't trolling, so that is narrowing the possibilities, eh? 



197. Post 11068095 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: macsga on April 12, 2015, 08:40:59 PM

Nah, he's just a sockpuppet.

It's now updated with all the new sockpuppets.

Have you paid those nice germans all their money back yet?  Grin Grin



198. Post 11068195 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: Fatman3001 on April 12, 2015, 08:49:37 PM

Would that be, like, a centralised standards center? A central point to standardise bitcoin?

Wow. That wuold be such an advance for bitcoin, That would be brilliant



Shit, that reminds me, Greece is broke and has no way to pay back Germany. Can I borrow sum bitcoins?



Don't think he's sockpuppet, he's just a bit of an _____ sometimes (He may have switched to short). But I could stop quoting him if you like?

Okay, benefit of the doubt time. In what way do you think Ito will help Bitcoin? I mean in the context of the current problems of the foundation, and the overwhelming view of its critics that we dont need a central authority in the first place.

edit: BTW Im not shorting bitcoin. I dont treat bitcoin as some stupid horse race or lottery that so many like to believe.



199. Post 11068412 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: Fatman3001 on April 12, 2015, 09:11:56 PM

Don't think he's sockpuppet, he's just a bit of an _____ sometimes (He may have switched to short). But I could stop quoting him if you like?

Okay, benefit of the doubt time. In what way do you think Ito will help Bitcoin? I mean in the context of the current problems of the foundation, and the overwhelming view of its critics that we dont need a central authority in the first place.

edit: BTW Im not shorting bitcoin. I dont treat bitcoin as some stupid horse race or lottery that so many like to believe.

The Bitcoin development has been underfunded and uncoordinated to a point where it risks being unable to deal with major problems if uncovered. Having firm ground somewhere well funded with a lot of bright heads lessens the risk of Bitcoin stumbling on itself. I would love it if other universities or organisations in other countries set up similar centers, but you have to start somewhere.

Thats a great theory. But like communism, I reckon it wont fly.

Ito runs Media Labs, and media labs is NOT MIT. Its a commercial operation, and most projects it involves itself in are rooted in hard commerce and license. I worked on a project with them years ago ( a language extension for Mindstorms, NXC) and while they are brilliant in many respects, they are not the ideal partners for Bitcoin. Looking at the current tone and quality of the arguments against the BF at the moment, how do you think they would react to the suggestion that the centralised ( isnt that against the principle?) management of Bitcoin would be handled by a 100% commercially funded group?



200. Post 11068555 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: Fatman3001 on April 12, 2015, 09:35:54 PM

The Bitcoin development has been underfunded and uncoordinated to a point where it risks being unable to deal with major problems if uncovered. Having firm ground somewhere well funded with a lot of bright heads lessens the risk of Bitcoin stumbling on itself. I would love it if other universities or organisations in other countries set up similar centers, but you have to start somewhere.

Thats a great theory. But like communism, I reckon it wont fly.

Ito runs Media Labs, and media labs is NOT MIT. Its a commercial operation, and most projects it involves itself in are rooted in hard commerce and license. I worked on a project with them years ago ( a language extension for Mindstorms, NXC) and while they are brilliant in many respects, they are not the ideal partners for Bitcoin. Looking at the current tone and quality of the arguments against the BF at the moment, how do you think they would react to the suggestion that the centralised ( isnt that against the principle?) management of Bitcoin would be handled by a 100% commercially funded group?

The "power" of BF is there only to the extent that the rest of the community lets them have it. We don't know exactly how this partnership looks like yet. If it's too unpalatable for the rest of the Bitcoin community they should get on with a competing/complementary body elsewhere. In fact, that's a good idea anyway.

See, there is an implied paradox here...   People dont like the BF because "power". But bitcoin wont survive without  some sort of intelligent benign leadership. But this leadership will have  "power", and people wont like that... Rinse, Repeat.

You either have cake, or you eat cake. Until people get that into their heads, bitcoin will have some tough times ahead..



201. Post 11072015 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: fonsie on April 13, 2015, 08:06:40 AM
Closing shop folks



Move along, there's nothing to see here anymore.

Where is that? Poland?

yep. warsaw.

From what I understood, they were being attacked by Trolls and scared for their lives?

No. Idiot bulltards like you convinced them that they would be farting through silk within a month. Didn't work out.



202. Post 11072100 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: itod on April 12, 2015, 10:41:51 PM
People dont like the BF because "power". But bitcoin wont survive without  some sort of intelligent benign leadership. But this leadership will have  "power", and people wont like that... Rinse, Repeat.

You either have cake, or you eat cake. Until people get that into their heads, bitcoin will have some tough times ahead..

You obviously haven't followed Bitcoin development on GitHub. There is a " intelligent benign leadership" very much in place, and it has nothing to do with BF. Developers with Gavin as head wouldn't listen to BF if they think something BF is pushing is not good for Bitcoin. All people who's influence on development is significant are employed by large Bitcoin startups, and are very much interested for Bitcoin to succeed so those startups get to successful IPOs when they would monetize their role as core developers. There are no better guardians of Bitcoins then these group of guys, and they can do very well without Bitcoin Foundation, thank you very much.

I'm still on the lists, so considered myself as informed as the next man, but I hope you can clarify things otherwise.

Can you explain this leadership structure that is in place, but has nothing to do with the Foundation?  I obviously missed that one.  Roll Eyes

Are you just speculating ( thinking out loud) when you say  "Developers with Gavin as head wouldn't listen to BF if they think something BF is pushing is not good for Bitcoin", or do you have a particular exchange that typifies this view?  Something other than the usual discussions and different views that exist in a normal, healthy environment ( as opposed to this toxic thread).

Explain to me also how these successful startups are going to "monetize their role as core developers"?  That sounds ominous. Like they are just in it for the money, or something.  Grin

Quote
There are no better guardians of Bitcoins then these group of guys, and they can do very well without Bitcoin Foundation, thank you very much

So, unelected developers with a purely commercial interest in bitcoin ( in 'owning' it) would, in your eyes, be a better, more transparent and democratic solution for the management of bitcoin than a democratically elected foundation, comprising of members drawn from both business and users.

Dont get me wrong, I am a developer, and developers have an important role to play in the shaping of a project of this nature. But developers are by their nature very narrow in their perspective, and a more broadly based leadership is needed, with business, technology and end user perspectives.



203. Post 11072571 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: Feri22 on April 13, 2015, 09:33:00 AM

No. Idiot bulltards like you convinced them that they would be farting through silk within a month. Didn't work out.



I suppose people need to think beyond right and wrong, smart way or foolish way, black or white. We need to think a bit more productively, more creatively, more rationally; that we think from a different angle.
Think without fear or favour, neither blind optimism nor sour skeptisism.

But then, after all that, there are still people like you.... Were sense of humour bypasses going cheap in your town?  Grin Grin



204. Post 11073500 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: Feri22 on April 13, 2015, 10:24:02 AM

No. Idiot bulltards like you convinced them that they would be farting through silk within a month. Didn't work out.

fap...fap...fap...fap

I suppose people need to think beyond right and wrong, smart way or foolish way, black or white. We need to think a bit more productively, more creatively, more rationally; that we think from a different angle. 
Think without fear or favour, neither blind optimism nor sour skeptisism.

But then, after all that, there are still people like you.... Were sense of humour bypasses going cheap in your town?  Grin Grin


Again

[furious masturbation]


...aaand



Another bulltard coward.  Run away....



205. Post 11076322 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: damiano on April 13, 2015, 05:24:26 PM
Lots of talk from bears who are also losing money on their leveraged positions every day. I say talk because you have already sold or shorted - all you can do is yap or buy the price higher if the market turns.

Waiting for someone else to sell the price lower for you because line on a chart points down. Worked in 2011, right Xiao?

The same can be said for those who went long, especially those at 260-290. 

and from $600 and above!!  Grin Grin



206. Post 11076415 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: gkv9 on April 13, 2015, 05:30:52 PM
and from $600 and above!!  Grin Grin

Just 600???
What about those who tried to make money when BTC was $1200, it was actually being compared to Gold, and it all f**ked up those (sincere and innocent newbie people) who invested at that stage thinking BTC will jump to $10k...

There are still many "Entrepreneurs of Error" on this thread who try to paint that same picture again for the current generation of newbies.



207. Post 11076873 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: NewPoverty on April 13, 2015, 06:20:22 PM
Inca, how much have you lost in the last few minutes?  Ballpark figure?

Fool. He makes money when the price goes down too. He been in it since satoshi was in short pants. Got coinz @ $0.12   Cool



208. Post 11076947 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote
Last November, when China allowed mainland residents to trade shares in Hong Kong and Hong Kong investors to access previously closed off Chinese companies, there was widespread speculation that tidal waves of money would start to flow between mainland China and Hong Kong. Those expectations fell flat—until now.
In recent weeks, and particularly the past few days, the “southbound” trading in Hong Kong stocks by mainland investors has suddenly surged:

Article

For what its worth, but then, im just a troll  Grin Grin Cool Cool



209. Post 11077078 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

All done at 225?  Hobble along here for a while, I think.



210. Post 11077521 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: itod on April 13, 2015, 07:10:31 PM

Leadership structure you've asked, although it's surprising you already don't know it if you follow the discussions on Github and on #bitcoin-dev IRC channel, where things are mostly discussed: Gavin Andresen delegated day-to-day code maintenance to Wladimir J. van der Laan, who is official code maintainer since last year. Gavin role is now more as chief scientist, doing new & long term code features not implemented in the current release. There are also a handful of guys like Pieter Wuille, Greg Maxwell & Jeff Garzik whose opinion is considered about every major issue if some code change is accepted or not. . Their word is final, and yes I think that's much better then any other system based on what BF board thinks is good for Bitcoin.


This is just maintaining/development of code base. Bitcoin is a lot more than code. I'm CTO of a firm that produces nothing but software, yet only 25% of employees and 20% of the board are developers. The rest are from accounting, sales, legal and marketing backgrounds. Thats what makes a business succeed.

Quote
There's nothing Bitcoin Foundation can say or do which can make these five guys change their minds about some code change in Bitcoin

Thankfully for the future of Bitcoin, i believe this to be untrue. Gavin and Greg, et al. are nothing if not pragmatic in their approach to policy. Its why things work at all.



211. Post 11077828 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: YourMother on April 13, 2015, 07:12:06 PM
This is how a Bitcoin Baron looks like



I'd totally smash him

Ah, go easy on him, his dad was seriously stabbed recently. It must be tough for him.

Mind you, being arrested for having an OS that hackers use is a bit like being arrested for driving an Audi because someone used one as a getaway car previously.



212. Post 11079480 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: JorgeStolfi on April 13, 2015, 10:28:16 PM
You can't arrest people for running inferior Linux.

The article says "an operating system designed for use by hackers".  That can only be Windows.  Wink

 Cool hear! hear!



213. Post 11079494 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: derpinheimer on April 13, 2015, 11:04:50 PM
$310 M USD Cryptocoin-based Ponzi Busted in Thailand
http://www.coinbuzz.com/2015/04/13/arrests-in-ufun-crypto-currency-pyramid-scheme/

Quote
In a bust on Friday, Thai police arrested four executives on charges of operating a pyramid scheme [ called "UFun", using ] a cryptocurrency called "Utoken", and stealing over 10 billion baht (roughly US$310 million). [ ... ] UFun sold various cosmetics and supplements. The company focused on referring new customers, rather than selling the products. Customers were encouraged to invest up to $50,000 in order to receive discounts on the products. [ ... ] UFun used its own cryptocurrency called UToken to let customers purchase its products.  [ ... ] Websites promoting Utoken claim that it "will outperform Bitcoin and eventually overtake Bitcoin as the Ultimate Digital Currency".
This is bullish, isnt it?

:1,$s/UFun/LeoCoin/g



214. Post 11079558 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: BlindMayorBitcorn on April 13, 2015, 11:11:08 PM
Question: how will we know DOOOM when it gets here? Is it here yet? Is it in arrivals?

Its in duty free, getting sh*tfaced on Stella and C'ptn Morgans.  You just know its going to get dirty.



215. Post 11082598 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: tabnloz on April 14, 2015, 05:59:06 AM
Oil company sells bonds to raise cash, hedging exposure @$80pb. Now if the price drops below $80pb the company is insured but who picks up the loss? Sure, the original bank who took on the risk but they've also sold part of it on down the line. It may be a Swedish pension fund, a Chinese investment company, an Italian managed fund etc, a Saudi SWF.

Smaller, poorer US taxpayers is who. Wasn't AIG the No.1 player in CDS insurance?  Insurance is such a profitable business when you can stick your losses on someone else.

Quote from: tabnloz
But it's possible that in this scenario people go only to cash, or collectibles or gold and shun bitcoin. Who knows? But Bitcoin is certainly out there, not wildly popular but on the conscious fringe of society; a global immutable, trustless, decentralised ledger "secured" by a digital token. Fair play if you want to talk down its chances, but it is at least worth having a small stake; the risk / reward ratio is high.


If it can keep its act together, than yes. Its worth a flutter. But I dont see a global meltdown being the 'big event' for bitcoin. More a gradual acceptance that builds until it hits its 'tipping point'. Ofcourse, after someone figures out a way to allow ordinary citizens to use it without needing to understand it.  Grin



216. Post 11082606 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: Feri22 on April 14, 2015, 08:07:06 AM
who is with me holding and buying?  Grin



EDIT: **** YOU BEARS  Cheesy

I get the feeling the horses are the entrepreneurs in that picture.



217. Post 11082637 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: WeltMaster on April 13, 2015, 11:28:33 PM
So we bounced off the 61.8 fib line

Still shaky to open a long but if that holds, this whole thing could just be an abc elliot wave which could take us much higher?

Does anyone else here like using the golden ratio in bitcoin, or am I just being delusional before the drop to double digits?

Forget the golden ratio, its a golden shower you should be thinking of now.



218. Post 11083231 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: YourMother on April 14, 2015, 09:15:43 AM
Bitcoin blamed... etc.

Terrible attempt at spinning. They only began accepting bitcoin, presumably in addition to existing fiat methods, so explain again how bitcoin is "to blame"?  Huh



219. Post 11085454 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: gkv9 on April 14, 2015, 02:23:12 PM
as per what people used to write on the forum few weeks ago, to wait for the 14th of april, i was wishing the price would rise. but apparently its going on the reverse side. its not going to rise soon, and since 2016 is going to be another halving, i think we might be in for a good duration of low price for bitcoins.

True, so we should take it as an opportunity and be happy instead of crying about the price being low if you haven't bought any at higher prices I guess... Tongue

Best comment so far. Bitcoin is finding its realistic price. Once that's established, it can grow organically as it becomes used more widely.

Once the mad speculators are squeezed out, it might start making some sustainable growth. But at what price that bloodletting ends we cant be sure. I'm thinking $170



220. Post 11085477 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: LFC_Bitcoin on April 14, 2015, 02:30:41 PM
What are the bears going to do when they've destroyed bitcoin?

Something can't be profitable when you've killed it.

Its not about destroying bitcoin. Its about shaking out the ones who think bitcoin owes them a living.  Grin



221. Post 11087359 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: screengrid on April 14, 2015, 05:50:26 PM
So, hypothetically, if just like half the people in the world wanted just half a bitcoin, they couldn't have it? How much would my .273 BTC would be worth then?

hypothetically if half the people in the world wanted just half a bitcoin, I would want all the bitcoins.

Then why are they so stupid? If everyone just bought more bitcoins, price could only go up and then we wood all be rich. It's so simple why can't they even understand its so simple and just start buying! How stupid they are? Brainwashed by government schools and socialist television propoganda because now that healthcare is free they dont even want to work. And fiat is a pyramid scheme anyway, did they think of that? Did you know that fiat today is printed out of thin air, and all they talk about on tv is hilary duff emma stone and andrew garfield!
Is It Over?!?

People dont say hello anymore kids dont know the meaning of value. Last night a gay man was doing something behind the school. And were just supposed to pretend that nothing is wrong?

Ah, there's nought queer as folk.



222. Post 11098755 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: macsga on April 15, 2015, 07:02:08 PM
The BrExit scenario is being rumored for sometime now and after the Greek paradigm (which is heading towards a disaster) after the political EU leaders have proved themselves incapable to decide just for to 0.3% of the EU's GDP.

History has shown that in order for a new system to reign, the old one must be burnt.

This guy is without doubt the greatest horses ass in bitcoin. He cant even lie convincingly.  Brexit?  FFS.

Just get the freeloading greeks out, that will be enough.



223. Post 11103323 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: BlindMayorBitcorn on April 16, 2015, 08:25:18 AM
2 chartbuddy posts in a row, we got some lightweights in here

Sleep is the enemy Tongue

I think its more of a case that "markets can remain irrational longer than some folks can stay conscious"..   Grin Grin



224. Post 11105247 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: Fatman3001 on April 16, 2015, 12:54:36 PM
Not sure I've seen this thread so dead.

Even the bears are bored.

Everyone's on the new forum xD (but you gotta pay to join!)

I've read about it - Elwar's 'big' news.
Load of crap.
Count me out.



What is it and why do I need it?

Much Ado About Nothing https://bitcointalk.org/index.php?topic=1025782.0

Yeez Louise!
Am I the only one who got backflashes from Bioshock reading that?
A barge full of rich people in international waters. I wonder what pirates will make of that.
Funny thing is, ethereum would probably be better suited for the forum he's proposing.

He thinks trolls have no money. What a quaint idea Roll Eyes

It will be interesting to see who decides to use that forum though.

I dont know, but I'm putting in a HUGE bid for the kool-aid concession.  Grin Grin



225. Post 11105374 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: 8up on April 16, 2015, 01:08:17 PM
lol ah the nostalgia. I wasn't even lurking these forums then, that didn't start until 2012! And people getting in now I still consider to be early adopters.

Even more nostalgia: https://bitcointalk.org/index.php?topic=5430.0

Thats a great reminder. bitcoinmarket was the rising start of the time. Invitation, anyone?  Grin Grin



226. Post 11110159 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: BlindMayorBitcorn on April 16, 2015, 10:04:26 PM

This is an embarrassment to us all. I have no words Angry

Seems like Elwar timed it right

No kidding...

Quoted article was from last october, no?   Huh Huh



227. Post 11110338 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

Quote from: BlindMayorBitcorn on April 16, 2015, 10:27:43 PM
He got me in the moral outrage. That's my weakness Cry

Hey, there;s a first. The word "Moral" has been used in a post without even the slightest hint of irony!!

Maybe we have turned a corner....   Grin Grin Grin



228. Post 11115261 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.11h):

I had expected a much bigger panic to follow okcoin's 'patch update' issues, but things were remarkably controlled.

Or was it that the yanks were in still in bed? ( kraken had a few green candles during, go figure)



229. Post 11133542 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.12h):

Quote from: inca on April 19, 2015, 10:17:00 AM

Nothing failed at 300. Bull whales could have pushed us through easily.


What you think the price is going down forever because a line on a chart points down?
Quote from: inca on April 19, 2015, 09:46:28 AM
and short covering back up into the high 2xx's and then a push to end the bear market exponential trendline.


Nothing failed at 300? Ooooookkkaayy.  Explain that to me again???

If you are going to say mad things, at least try and be consistent!!



230. Post 11141328 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.12h):

Lot of buying going on..



231. Post 11168276 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.12h):

Quote from: ChuckBuck on April 22, 2015, 08:28:31 PM
Looks like Gavin and core devs about to upgrade to the penthouse suite:

https://twitter.com/gavinandresen/status/590884520318078976

Get out from the Bitcoin Foundation shack and into the 5 star MIT estate.

No more cup o noodles and tuna fish for the core devs.  Lobster and New England Clam Chowdah babee!!!

This is not good for bitcoin as we know it now. As an independent 'outsider' technology it has failed to survive. Media labs have effectively 'poached' the top devs from bitcoin.

This failure of the BF to keep the whole show together wil undoubtedly lead to a schism within the development community. It looks like Bitcoin2.0 is now inevitable in the near future.



232. Post 11184841 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.12h):

Quote from: Torque on April 24, 2015, 05:00:00 PM
If I understand your philosophy re: Bitcoin, there is only 'the worst':  Either Bitcoin will fail on its own defects, or some government(s) will destroy it, if it works as designed.  Is that a fair summation of your position?

As it says in my signature, I cannot imagine a plausible future where bitcoin will be successful.  I see many ways in which it could fail, those are two of them.  The more I read, the more skeptical I become.



Then again, the question on everyone's mind: why the F-- are you here, in the Bitcoin spec forum.  Day. After. Day. After. Day. After. Day. After. Day.

You believe that you can change the minds of a few longs that MIGHT happen across your posts?  Most of your readers are gonna be a few day traders and trolls.  That's it.

C'mon dude, the majority of bitcoin believers in the world don't even speak or read English. They certainly wouldn't spend most of their time here, hanging on your every word. So you are wasting your breath and everyone's time.

Go write some dissenting blogs, articles, white papers, something other than trolling this spec sub.

If bitcoin is to succeed, then these points must be argued against. But that rarely happens. The poster will be simply called a troll, a few ad hominen attacks on him and then put on a stupid, pointless ignore list.

The sad thing is that even the most rabid bitcoiners find it difficult to string a few words together into a logical argument to defend bitcoin. Thats what worries me most.



233. Post 11199700 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.12h):

Quote from: Room101 on April 26, 2015, 07:45:49 AM
12h PSAR flipped to bearish on Bitfinex and BTC-E and very close to flip on Bitstamp and BTCChina.

Sometimes, when it looks too bearish, it's actually bullish.

Just sayin'

And sometimes if it looks mildly bearish, it's just a prelude of crashes. Wink
12h PSAR flipped to bearish on all exchanges, also 1d PSAR flipped, so we're not going up significantly for a while.

In a market this small and illiquid, we are going up when someone decides to buy lots of BTC, and going down when people decide to sell lots of BTC.

In 4 years of watching BTC prices, have yet to see any chart predict any of BTCs large moves.

That just about summarises the market. Its not going anywhere for a while. There is no major upswing in public adoption, just some gamblers having fun on regular 5% up/down swings. And during all this fun, not one new thing has ben done to bitcoin to address its shortcomings with respect to ease of use, security, regulation or image.

Unless someone or something comes along soon and takes bitcoin behind a bush and gives it a good shag, its going to rattle along like this until the gamblers get bored and move on to the next disruptive technology.



234. Post 11201598 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.12h):

Another big sell off. Down to 214.60



235. Post 11201672 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.12h):

Quote from: Jammalan the Prophet on April 26, 2015, 02:02:55 PM
FUUUU Prices are falling like a stone in the water


Sub 200 this time?

I doubt it.

For a few months this has turned into a pump dump pump dump never ending story.


I had a buy in at 214 that got filled. hold it till 238 again i suppose.



236. Post 11203954 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.12h):

Quote from: coinableS on April 26, 2015, 06:01:17 PM
>50% troll posts a page. the good old times are back.


yeap, we are 5 % closer to the double digits, trolls talking about 300 on a 4 $ bounce...

same old same old.

Oh so now the trolls are the bitcoin enthusiasts on a bitcoin enthusiast forum? Huh... funny how that works out.
Anyways I bought a heap of cheap coins early this week, should have waited until today, but oh well. It won't matter when the next bull run initiates.

Stating the obvious is not trolling. We are clearly making more money when price goes in pump/dump cycles than you ever will with a "buy high and hodl" approach.

"cheap coins"?? Surely a $0.00 is the 'cheapest' you are gonna get.



237. Post 11208279 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.12h):

Quote from: Chef Ramsay on April 27, 2015, 03:43:06 AM
Massive support at 218-200, good time to buy if you still got fiat.. Also a Grexit is getting more and more likely, if this will happen it would be a big boost for Bitcoin.

Do you really reckon that's going to happen? I think the EU leaders will do everything in their power to avoid than scenario. Also, even Greece doesn't really want to get out of the Euro zone. Even if they left, they can't just decide to break off of the world economy. It they don't do their best to get their economy back on track, they'll be getting themselves into serious trouble, I guess...
If even a small percentage of Greeks' wealth or whatever is left of it is converted to bitcoin, then that will be noted quite well in a march upwards in price. They aren't going to buy off the grid but on exchange.
This could be an epic front run.

And again I ask, with what are they buying bitcoin with? Feta? tzadziki? goats?  I mean, is there even a GOAT/BTC rate?

Greeks are flat broke. They will do whatever the ones with the money tell them to do.



238. Post 11209551 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.12h):

Chinese markets were very flat this morning. I thought there would be a buy in at least, or a more remote possibility of a sell off.

Bids are mounting on finex, but still the price just dogs on.



239. Post 11215732 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: medialab101 on April 27, 2015, 08:21:07 PM

The Greeks are buying in. Trying to convert and hide their wealth.




240. Post 11228152 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: solex on April 28, 2015, 10:59:06 PM
Do you have tenure?

The system here is different from the American one, but yes, I have tenure and I already got all the promotions that I could have in my career as teacher/scientist.  I could try running for university president, but there are too many profs here who know me already, so my chances of being elected by accident would be pretty slim.   Wink

You can never answer the real question: What is your motive for your extreme interest in bitcoin? (Always with your negative slant)

Because JS won't answer your question I will.

His extreme interest, always with a negative slant, is a combination of:

a) Extreme butt-hurt at not buying when the BTC price was $1, and can't stand seeing free-market libertarians making such easy money, so he wants it to crash to near zero, not so that he can buy cheap, but to see all BTC holders brutally punished for their hubris.
b) His inflationista perspective which rejects a Bitcoin or other decentralized cryptocurrency-based world economy which would make all governments have to run balanced budgets, reining in Big Government, the massive socialist states, nanny-states, and surveillance states.


Ha ha!  I do hope that was meant to be sarcastic, in which case it is a work of comic genius.

Or you could just be serious, in which case we have another retard to add to the list.



241. Post 11228396 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Trolfi on April 28, 2015, 11:15:17 PM

no, I simply gave up the assumption you were a rational interlocutor, which makes discussion with you pointless.

in addition it is quite evident you use this and other fora to deploy obsessive and egocentric aspects of your personality, aiming to ensnare others in your head game. in fact, you satisfy at least 10 of the following 14 long-established troll criteria:

http://pluperfecter.blogspot.com/2011/08/14-characteristics-of-classic-internet.html

conclusion: ignore.

How do you 'give up an assumption'?  And 'interlocutor'?  Grin

So many big words used in the sentence, yet you still come off as being a little simple.



242. Post 11231697 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Trolfi on April 29, 2015, 03:42:50 AM
How do you 'give up an assumption'?  And 'interlocutor'?  Grin

I am certain Stolfi understood. If you didn't, I suggest you complete basic schooling.


I think (through your mangled english) you were trying to say that you have changed your opinion or your view. An assumption either is or it isn't. See?

You are clearly not as educated as Mr. Stolfi, so can I respectfully advise you dont try to fight him on an intellectual level. You just come across as being a fool.

Might I suggest instead you stick to your more basic verbal insults, name calling and ad-hominem attacks. They suit you better.



243. Post 11232442 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: kehtolo on April 29, 2015, 10:47:58 AM
Apparently Fidor are coming to the UK also!

This is the same bank that in Germany has dealt with bitcoin customers for about 2 years...



https://www.fidorbank.uk/

https://twitter.com/FidorUK



Fidor have had the same issues with UK banks as mentioned above - they cant get a partner to handle payments. UK banking is closed shop.

Unless they have reached an agreement in the last few days?

EDIT: Reading the tweet, it would seem they have. I wonder who sponsored them in the end?



244. Post 11235866 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: fonsie on April 29, 2015, 05:43:37 PM
Can't help if you can't understand them.

A teacher that can't help you understand something?

You must be really good at your job.

I think he works in a university. Its safe to say he deals with students with a different level of capability than yourself.



245. Post 11235908 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: 8up on April 29, 2015, 05:54:11 PM

Waiting for priceaction was never easier (more predictable).


You would think, but then something like the btc-e shenanigans throws it.



246. Post 11238644 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Fatman3001 on April 29, 2015, 10:45:39 PM
Some bear must have lost the recipe. This crash is funny lookin.

Dude, you coming to the fonziecoin meet up in Oslo Friday night?  Huh

You, Tarmi and NLC?

idk, I might not make it


Aw, come on. If the night dont end with us all in the back of a passat with solid plastc seats and 'politi' written down the side, it wont have been a good night....  Grin



247. Post 11242996 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Norway on April 30, 2015, 11:41:45 AM

AFAIK, this is likely in 3 hours. Could be epic or just fizzle out. But I have set a timer to alert me Wink

I just had a 235.07 sell order filled, from a 214.xx buy barely a week ago. Im happy.  Grin



248. Post 11244171 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Feri22 on April 30, 2015, 11:58:22 AM

AFAIK, this is likely in 3 hours. Could be epic or just fizzle out. But I have set a timer to alert me Wink

I just had a 235.07 sell order filled, from a 214.xx buy barely a week ago. Im happy.  Grin

Congratulation to your 5$ profit!! I am really happy for you   Cheesy

It was a bit more than that, 7.8% after fees I believe.



249. Post 11247598 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: LFC_Bitcoin on April 30, 2015, 08:33:19 PM

Anybody with half a brain will HODL until we get into the thousands (USD).

Yup. thats about the mental capacity required for blind hodling.



250. Post 11254989 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

I think bitcoin be  more like.....



We are very much in the hangover stage.



251. Post 11255138 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: bitebits on May 01, 2015, 04:55:09 PM

You have to think big (zoom out), we are in between 0 and 1.

You missed years 2009 - 2013 ?  Huh



252. Post 11262187 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: hmkey on May 02, 2015, 11:43:45 AM
I am curious how much Bitcoin will be worth in say like, a year from now.
Just like all of you.
Any substantiated speculation on that around?

 Huh Huh If its substantiated, its hardly speculation now, is it?   Grin

Just climb aboard, close your eyes and enjoy the ride.....



253. Post 11265360 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: JorgeStolfi on May 02, 2015, 06:20:07 PM
The BTC price was/is ~297 USD in some South African exchange.  It seems that a local Ponzi shcheme (Kipi) is demanding an urgent payment in bitcoin from all members, otherwise they will lose all their investment:
http://np.reddit.com/r/Bitcoin/comments/34lvmc/btc_is_trading_at_equivalent_of_297878_usd_on_the/cqw0025

Exeunt omnes in 3... 2... 1...


A quote from that thread

Quote
I've never heard of this kipi thing. This bs is giving bitcoin a bad name.

No shit sherlock. But only for the umpteenth time. Grin



254. Post 11271284 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Andre# on May 03, 2015, 10:58:05 AM
I wasn't  thinking of the impact of trading those coins, but of the bad press, and possibly bad actions by the SA government.

I'll break my rule not to quote people on my ignore list, because I see this too often.

I don't think the SA (Saudi Arabia) government will take any actions. I suspect you confused SA for ZA. Not that the ZA government will take any actions, but still.

Most stupid, anal post I've seen on this thread, and that's saying something.



255. Post 11271302 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: LFC_Bitcoin on May 03, 2015, 11:53:11 AM
we have just passed 1500 yaun @ okcoin , and volume is not bad also

macd 3 days 1 day shows green, we are about to go..

Music to my ears.
Suck ass shorters

I dont like shorting per se, but you would be crazy not to at 243 on a Sunday afternoon.

In fact. I think I will.



256. Post 11271557 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: becoin on May 03, 2015, 12:27:58 PM
I dont like shorting per se, but you would be crazy not to at 243 on a Sunday afternoon.

"My assumption is bitcoin has at least one more bubble in it even if it fails as an alternative private currency."

Private currency, huh? That says it all.

You are right, it does say it all.That is an 'ironic' signature, quoting Inca, one of the leading bulls on this thread  Grin Grin

PS Love your avatar.. Is that a change bug? Cheesy



257. Post 11274435 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Fatman3001 on May 03, 2015, 06:00:40 PM
http://finance.yahoo.com/news/bitcoin-goes-mainstream-174241858.html

Bitcoin goes mainstream with Goldman Sachs' backing

with news like these, who need bull   Cheesy Cheesy Cheesy ?

honestly, if even big bank put their money in bitcoin related business, they know that bitcoin business going big time... yay  Grin

It's nice to see them differentiate between bitcoins and Bitcoin, between the vehicle of speculation and the transfer network.

GS's investment in Bitcoin is a clear endorsement of the value of the network and as the value of Bitcoin increases, the price of bitcoins will surely follow, albeit much more slowly.

Short-term, this news won't make much difference to the price. Long-term it's very bullish.

I sort of disagree a bit. I think it will matter in the short term. I think this is a green light for many financial actors. I also think speculators are going to start pricing this event into the price of XBT fairly immediately.

And even though their investment isn't purely a buy in into the bitcoin currency I think this talk about "investing in the network", as if it is completely independent of the currency, is just a way of deflecting criticism. GS are dipping their toes into the currency. The transactions will happen on the Bitcoin network with XBT units. This is BIG. This is not another "the blockchain-technology is fascinating but the currency is shit" kind of statement like we've seen in the past.

Goldman Sachs has boarded the train.

CHOO CHOO MOTHERFUCKERS!!!

No, its as the old guy from Canada said. Goldman Whacks have made the distinction between the technology that is bitcoin, and the blowhards who say we are going to the moon.   Grin



258. Post 11275143 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Fatman3001 on May 03, 2015, 08:08:55 PM

You bunch of dicks

I asked for something a bit less than a 66 page analysis and you throw a 318 page book back at me

FFFFFFFFFF UUUUUUUUUUUUU

Stick to the CCMF gifs, dude.



259. Post 11275212 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Fatman3001 on May 03, 2015, 08:24:47 PM

You bunch of dicks

I asked for something a bit less than a 66 page analysis and you throw a 318 page book back at me

FFFFFFFFFF UUUUUUUUUUUUU

Stick to the CCMF gifs, dude.
Don't suckerpunch me just because you can't build a valid argument. If you can't explain it then you haven't understood it.

Will this do?

https://www.youtube.com/watch?v=dS12p0Zqlt0



260. Post 11275268 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Fatman3001 on May 03, 2015, 08:30:28 PM

You bunch of dicks

I asked for something a bit less than a 66 page analysis and you throw a 318 page book back at me

FFFFFFFFFF UUUUUUUUUUUUU

Stick to the CCMF gifs, dude.
Don't suckerpunch me just because you can't build a valid argument. If you can't explain it then you haven't understood it.

Will this do?

https://youtu.be/25N-4zrk390


Nope, I'm on my friggin android phone again. In a setting where I would be an idiot to open one of your links.

My bad, it was a dead link alright, but i fixed it now. OK!



261. Post 11276127 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Fatman3001 on May 03, 2015, 09:29:54 PM
I am pretty much the only one who read this PoS, or I'm surrounded by douches.

Its always better to be arguing with one smart guy than to find yourself agreeing with 10 fools.



262. Post 11279859 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: marcus_of_augustus on May 04, 2015, 08:36:54 AM

It is not good work at all, it is elaborate trolling dressed up analysis. Stolfi always uses a small set of deviously well-chosen assumptions to ensure he gets the negative results he is looking for.

Monetary benefits can not be analysed simply by considering a payments network. The broader society-wide, intangible, economic benefits from good, sound money are manifest and difficult to quantify. What we do know is that rampant money printing, like from central bank fiat money, can be devastatingly destructive to whole nations, especially poor people and those not well-connected to government troughs, like university professors.

Ask Stofli to analyse the downsides experienced by multiple devaluations of the Brazilian money? Especially for the victims of those fiat money scams perpetrated by the governments he champions at every turn. He is an unashamed cheerleader for the financial destruction and poverty bought about by all the worst economic theories entrapping hundreds of millions. He is an enemy of freedom of the most devious, disgusting kind.

This is just drivel. You havent given us any figures, or cited any examples to disprove him. You just use vague language,
Quote
The broader society-wide, intangible, economic benefits from good, sound money are manifest and difficult to quantify.

What?Huh Jorge talks specifics, you are just waffling with banal generalities.

Quote
Ask Stofli to analyse the downsides experienced by multiple devaluations of the Brazilian money? Especially for the victims of those fiat money scams perpetrated by the governments he champions at every turn. He is an unashamed cheerleader for the financial destruction and poverty bought about by all the worst economic theories entrapping hundreds of millions. He is an enemy of freedom of the most devious, disgusting kind.

Irrelevant twaddle. Stick to the subject at hand - bitcoin. You are starting to sound hysterical.



263. Post 11279965 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Ivanhoe on May 04, 2015, 10:31:07 AM
I do have to admit I kind of pity Jorge. Going into the history books as a clown and a parody on science. Just let the old fool rant and put up his biased ( academic much? ) non sense.

Do you not have a sense of unease when your only response to an argument it to try and insult the person? I think that any interested lurkers on this forum reading these responses would be left feeling that there are few real arguments to support bitcoin.

If you wish to disagree, then lets see your argument. Otherwise, maintain a dignified silence.



264. Post 11279977 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Ivanhoe on May 04, 2015, 10:40:57 AM
Ask Stofli to analyse the downsides experienced by multiple devaluations of the Brazilian money? Especially for the victims of those fiat money scams perpetrated by the governments he champions at every turn. He is an unashamed cheerleader for the financial destruction and poverty bought about by all the worst economic theories entrapping hundreds of millions.

First ask the victims of PirateAt40 and Karpelčs and all the rest how your good, sound, deflationary Austrian money protected their wealth from those ancap libertarian champions. You are an unashamed cheerleader for the financial destruction and poverty bought about by all the worst economic theories, and the scammers who are trying to fleece hundreds of millions...
Do you also blame the dollar when a bank is robbed?

There isn't a facepalm gif in existence that would do that comment justice.



265. Post 11280164 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Miz4r on May 04, 2015, 10:52:47 AM
Ask Stofli to analyse the downsides experienced by multiple devaluations of the Brazilian money? Especially for the victims of those fiat money scams perpetrated by the governments he champions at every turn. He is an unashamed cheerleader for the financial destruction and poverty bought about by all the worst economic theories entrapping hundreds of millions.

First ask the victims of PirateAt40 and Karpelčs and all the rest how your good, sound, deflationary Austrian money protected their wealth from those ancap libertarian champions. You are an unashamed cheerleader for the financial destruction and poverty bought about by all the worst economic theories, and the scammers who are trying to fleece hundreds of millions...

PirateAt40 was a ponzi scam, just because someone runs a scam using bitcoins doesn't mean bitcoin itself is bad. Otherwise the dollar would be much worse. Getting involved with PirateAt40 or Karpeles was a personal choice people made out of their own free will, and I sure as hell made sure to stay far away from both. Against government and banker scams however you have no choice whatsoever but sit still and watch yourself get robbed.

You are right. A scammer using bitcoin to scam should not impugn bitcoin itself. Lets keep this to the actual system, and not potential abuses.



266. Post 11280213 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Fatman3001 on May 04, 2015, 11:15:33 AM
Thankfully for H.H.Dr.Prof Bitcoin is completely irrelevant for his region.



https://www.google.no/url?sa=t&source=web&rct=j&ei=9lJHVYScIuWvygOB8YGYCQ&url=http://www.economist.com/blogs/schumpeter/2014/06/bitcoin-argentina&ved=0CDAQFjAC&usg=AFQjCNGFKuMeMdB1FY0aSHGPaJBSjQljeA&sig2=kG2wGvhrW33XVR92hFv4jg


https://www.google.no/url?sa=t&source=web&rct=j&ei=9lJHVYScIuWvygOB8YGYCQ&url=http://www.vox.com/2015/4/30/8521747/argentina-bitcoin-inflation-fad&ved=0CDgQFjAE&usg=AFQjCNEbxKbtpq6lxly8VL4x-3Cc1eFalg&sig2=45mUyZxQtaxvMsRe_B3_1Q

That first article is almost a year old, Anything more recent?

Quote
in late 2013 and early 2014 the dollar value of bitcoin dropped from nearly $1,200 to below $600 in a few weeks (the rate has since recovered somewhat).

Recovered, indeed.



267. Post 11280251 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: LFC_Bitcoin on May 04, 2015, 11:22:40 AM
I do have to admit I kind of pity Jorge. Going into the history books as a clown and a parody on science. Just let the old fool rant and put up his biased ( academic much? ) non sense.

 in my experience many people who are academics/intellectuals don't end up getting rich because they don't take enough risks.


Its those who try to "end up rich" without proper due diligence that usually end up dead poor.

Simply 'getting rich' is a pretty empty life goal anyway.



268. Post 11280337 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Fatman3001 on May 04, 2015, 11:33:16 AM

The second article, dimwit!

Indeed!  touche, monsiour..   Cool

Only problem is that its from Vox. Its a bit flag wavey.



269. Post 11280345 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Norway on May 04, 2015, 11:43:28 AM
Ask Stofli to analyse the downsides experienced by multiple devaluations of the Brazilian money? Especially for the victims of those fiat money scams perpetrated by the governments he champions at every turn. He is an unashamed cheerleader for the financial destruction and poverty bought about by all the worst economic theories entrapping hundreds of millions.

First ask the victims of PirateAt40 and Karpelčs and all the rest how your good, sound, deflationary Austrian money protected their wealth from those ancap libertarian champions. You are an unashamed cheerleader for the financial destruction and poverty bought about by all the worst economic theories, and the scammers who are trying to fleece hundreds of millions...
Do you also blame the dollar when a bank is robbed?

There isn't a facepalm gif in existence that would do that comment justice.

It doesn't sound like you are a member of Satoshi Fan Club   Wink

Please put me back on your ignore list. Thanks....



270. Post 11280369 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.13h):

Quote from: Fatman3001 on May 04, 2015, 11:35:20 AM
I do have to admit I kind of pity Jorge. Going into the history books as a clown and a parody on science. Just let the old fool rant and put up his biased ( academic much? ) non sense.

 in my experience many people who are academics/intellectuals don't end up getting rich because they don't take enough risks.


Its those who try to "end up rich" without proper due diligence usually end up dead poor.

Simply 'getting rich' is a pretty empty life goal anyway.

And trolling the internet isn't?

Mere diversions, hardly life goals. Anyway, if someone puts that much thought and care into it ( even if you refuse to accept their point) then it is hardly trolling. I would class the majority of the ad-hominem responses from others as classic trolling.



271. Post 11289283 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.14h):

So Wall Street didnt fall for the 1750-a-coin ruse, no?  Shame. Would have been a nice little earner.  Cheesy

So, now that Silbert and GBTC has fallen a little flat, who is the next Messiahtm in the pipeline?

Winklevoss?, Then BitLicense?  Huh



272. Post 11290395 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.14h):

Quote from: inca on May 05, 2015, 10:08:11 AM
I found it more interesting how people are willing to pay much more for btc/shares or anything else on one regulated market rather on those shady exchanges most of us are using... We all know those exchanges probably won't survive in next years, because regulated and trusted exchanges will surpass them. So question here is, who will go down first? My guess is Bitfinex. They probably already working on fractional reserves, not to mention they are under big manipulation.

It is just heavily short whales dumping the price lower to prevent buying in response to GBTC trading at a hefty premium to the exchange price. If a 5000 coin transaction goes through then things could get interesting really quick.


Ah, come on. You don't really believe that now, do you? The only response to GBTC was to sell, since the dreamed about take off did not happen.

Nobody needed to do anything to "Prevent buying" anywhere. That is just nonsense, and I have a feeling you know it too.

 




273. Post 11290427 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.14h):


Huobi Will Now Take Your Bitcoins as Stock Trading Collateral. -- Huobi's new platform lets investors buy real shares on the Shanghai Stock Exchange, while still keeping their bitcoin holdings as collateral. --(Published @ May 05, 2015 at 06:07AM by www.bitcoins.am


Fixed that, Only the first 6 words relevent to bitcoiners, the rest is just noise.  Cheesy



274. Post 11296945 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.14h):

Quote from: Wary on May 05, 2015, 11:10:41 PM

a) bitcoiners must develop mature bitcoin ecosystem


many bitcoiners seem to be living in trailer parks, wearing wal-mart clothes and drinking malt liquor while watching 6 screens of bitcoinwisdom feeds, waiting for the moment when it hits 32,000 and they can by a trans am convertible.

Develop mature ecosystem you say?  Ha!  Grin  They be waiting for the next Messiah. (Nasdaq Sweden, in Two Weekstm I believe)



275. Post 11299843 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.14h):

I think the take away from that article is this:

Quote
But to be perfectly clear these HFT/algo hedge funds make their money on the order flow not the fundamental appreciation of the underlying security

I think anyone who thinks that "wall street' wants to buy bitcoin because Moon need to keep the above in mind. As long as there is enough volatility and volume, they will make money, much the same way as any disinterested day trader can ( and has) made money on the weekly 240 - 220 cycles we see every week. Additionally, the presence of professional traders in the market should be seen as merely a reinforcement of bitcoins underlying value as an exchange of value - not a get rich quick token.  we should use this news as an excuse to further the acceptance and use of bitcoin by the general public. Lets have a thinner, less technical entry point for Joe Public.

If we could combine this greater interest in the market, with a greater interest from the public ( and end the scams) then I think we can comfortably start to say:

This is gentlemen.



276. Post 11302288 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.14h):

Quote from: Fatman3001 on May 06, 2015, 10:41:39 AM

That's a fairly obvious fishing post, although, as you say, not as colourful as before. He's expecting some well-intentioned nerd to respond, only to bombard him/her with text. And as nerds we keep entertaining him. If only they could ban him.

I think the fact that you don't find them as funny anymore may be a subliminal realization that things aren't as rosy as you had been hoping to believe. After all the good news lately, for once outnumbering the scams, there is still no improvement in bitcoin. The failure of GBTC * to take off is a further kick in the nuts.

Maybe you are realizing that if bitcoin is going to succeed, it needs to do it on its own.

Anyway, my posts are generally aimed at the lurkers, the people who come here to check out what its all about. I understand you have your view and you are not about to change it for all the logic in China.  Grin




277. Post 11302572 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.14h):

Quote from: JorgeStolfi on May 06, 2015, 09:09:01 AM
I think anyone who thinks that "wall street' wants to buy bitcoin because Moon need to keep the above in mind. As long as there is enough volatility and volume, they will make money, much the same way as any disinterested day trader can ( and has) made money on the weekly 240 - 220 cycles we see every week.

I would think that the Western exchanges like Bitstamp have so little liquidity and so much spread that not even "cottage robots" would find them worth the trouble.  Is that so?

True, but on bigger swings simple 'robot' services can make money. The problem arises if they start implementing FIX services on the exchanges, as most bots rely on RESTful API's or other web services, and these are hopelessly outgunned by FIX.

If you are playing both sides of the market, speed is key.



278. Post 11302720 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.14h):

Quote from: Tzupy on May 06, 2015, 03:14:10 PM
dump alert

Western exchanges don't yet look ready for the dump, only China. In a couple of hours we'll see who leads the market.

The sell on huobi was followed almost immediately by strong buys. More chinese pingpong. (fighting the urge to use the term 'wash volume'  Grin)



279. Post 11303332 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.14h):

Quote from: Fatman3001 on May 06, 2015, 03:28:24 PM

That's a fairly obvious fishing post, although, as you say, not as colourful as before. He's expecting some well-intentioned nerd to respond, only to bombard him/her with text. And as nerds we keep entertaining him. If only they could ban him.

I think the fact that you don't find them as funny anymore may be a subliminal realization that things aren't as rosy as you had been hoping to believe. After all the good news lately, for once outnumbering the scams, there is still no improvement in bitcoin. The failure of GBTC * to take off is a further kick in the nuts.

Maybe you are realizing that if bitcoin is going to succeed, it needs to do it on its own.

Anyway, my posts are generally aimed at the lurkers, the people who come here to check out what its all about. I understand you have your view and you are not about to change it for all the logic in China.  Grin



I don't find them funny because I never did. I just needed some flow in my text.

And if you knew anything about logic you would know that logic doesn't say anything about anything. It's simply a way to analyse consistency within a text or a statement. Like this sentence:

"Maybe you are realizing that if bitcoin is going to succeed, it needs to do it on its own"

which could be seen as inconsistent with this:

"Anyway, my posts are generally aimed at the lurkers, the people who come here to check out what its all about."

Ask your buddy about it, he uses it quite consistently to mislead people.

With regards to lurkers. Every single one of them understands this thread better than you do, so you can lower your shoulders.

Yup. And apples are inconsistent with oranges. Different things, like different statements are, well, different.

Neither I nor Jorge is out to mislead anyone. Just to point out the obvious flaws in some of the absurdities that pass for axioms on this thread.
Being able to make an informed decision about anything generally requires you to look at both sides. For you, there is clearly only one side, and you don't want anyone to look at it from any other angle, Hence the need to demonize, "ignore" or blacklist anyone who doesn't fully subscribe to your own narrow view of bitcoin.

As for lurkers, I was watching this thread for a long time before I started posting. In that time I could see the obvious duplicity in the postings of certain regulars, who try to paint a picture that bitcoin is on its way to being worth $32k a coin because... well just because.

As for your statement
Quote
With regards to lurkers. Every single one of them understands this thread better than you do

Maybe they do. Dont know how you think you are qualified to say how "every single one" of them thinks, though Huh. And if they have seen both sides of the argument in coming to their conclusions, then that is even better.






280. Post 11303411 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.14h):

Quote from: JimboToronto on May 06, 2015, 03:57:24 PM
Good morning Bitcoinland.

Still going sideways but it looks like it's coiling up for some kind of move, hopefully up.
___

I'd better not mention delicious morning beverages. I don't want to dull anyone's otherwise brighter day.  Cheesy

Damn the detractors. Your morning caffeine wranglings are as much part of bitcoin lore as Chinese pumps & dumps.



281. Post 11303710 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.14h):

Quote from: Fatman3001 on May 06, 2015, 04:42:54 PM

Please keep pointing out flaws, but if you want to be taken seriously I would recommend that you build your own argument rather than keep defending our resident tl,dr-troll.

I don't 'defend' him, just his right to his opinion. I agree with a lot of what he says, but wouldn't share the same level of skepticism he has. But in the end of the day it is just a personal view, and any intelligent person knows they must make their own minds up about it while making sure they have all the relevant facts.

Anyway, I'm not always negative. I think bitcoin makes plenty of nice, quiet advances everyday.  In my own business, we have taken almost 200BTC in revenues, and paid out over 80BTC to freelancers since January.  Bullish! Indeed....  But I cant get others to get involved because every time they look into it they find crackpots and scammers.  Shocked



282. Post 11305467 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.14h):

Quote from: macsga on May 06, 2015, 08:32:44 PM
WSJ seems to have a better chart than the others; the question still remains though, how come and GBTC hits higher and higher and the others are hovering at almost half price...

Is it any wonder that Greece is in the sh*t that it's in when people think like this?

One contrived, limited bitcoin derivative with a volume of about 100 coins makes up a price, and now ALL the proper exchanges have the wrong (half) price!!

"I want this one to be true, so everything else is wrong"



283. Post 11306004 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.14h):

Quote from: Fatman3001 on May 06, 2015, 09:57:23 PM
Ok, I'll show you some TA that will make sense of it all. As illustrated by lowstrife on the left and Jingle Bells on the right, we are currently in the 10th bar. We will be moving between 230 and 240 until the end of the 12th where we will briefly visit the 250 area.




Awesome!  Grin



284. Post 11306078 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.14h):

Quote from: Wolf Rainer on May 06, 2015, 10:15:07 PM
20.000 bitcoins burned for only 4 usd dump. We are strongest than ever.
Somebody better tell the mini bears that their over lord bearwhale failed to crash the market so he could buy in massively cheaper.
Stick the cork back in your champagne chaps, it's not time to party yet.
4 USD dump lol.


Poor little bears. They canīt even catch a wounded fish floating on the river. This is the bulls time!



Just quoting this for posterity. Carry on.



285. Post 11306099 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.14h):

Quote from: shmadz on May 06, 2015, 10:19:41 PM
Looks like almost 30k bitcoin was moved in the last hour with less than 5 dollars slippage.

That's some decent liquidity.

Except that its probably not real. Im guessing there is a trading script gone mad here.



286. Post 11309595 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.14h):

Quote from: sAt0sHiFanClub on May 06, 2015, 10:21:37 PM
Looks like almost 30k bitcoin was moved in the last hour with less than 5 dollars slippage.

That's some decent liquidity.

Except that its probably not real. Im guessing there is a trading script gone mad here.

As I thought, Alphapoint integration messed up. Integration testing much?  Grin



287. Post 11320987 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.14h):

Quote from: Wings1987 on May 08, 2015, 01:27:45 PM
The GBTC market is about to open. I'm not surprised if it continues crashing toward BTC parity.



This is not a bad thing. We need volume and a slight premium. Once that happens we will see it impact prices on other exchanges.

Many people on here were waiting for the first GBTC trade to initiate the resurgence of a bull market. However, the market digested the news and FELL. During US hours on May 4th, the price hovered around $240. Early morning May 5th, the price fell to a low of $231. GBTC, while a step in the right direction for the investability of Bitcoin, has serious shortcomings that prevent it from being the catalyst that everyone wishes it to be.

It is impossible to arbitrage the premium between GBTC and spot. The arbitrage mechanism is what would trigger a price rise. The buying pressure that leads to a premium over Net Asset Value (NAV) needs to find it’s way into the Bitcoin spot market. That happens when market makers, sell GBTC, buy Bitcoin, and deliver the Bitcoin to the fund manager in return for shares of GBTC. That allows the market makers to capture the premium. Even if GBTC had significant volume (only a handful of shares traded), the fund structure prohibits the creation of shares by tendering Bitcoin or cash to the fund manager within two settlement days. The creation process must happen within two settlement days to match the delivery of GBTC shares to the buyer. Then the sale by the market maker will be considered a long sell and not a short sell, which requires the trader to borrow the shares before selling on the open market. Currently it takes one year to create new GBTC shares.

GBTC will not save Bitcoin from the jaws of the bears. The premium it trades at is interesting, but not significant. If the first GBTC trade was your bull market thesis, it is time to go back to the drawing board. GBTC traded, and the market yawned.



288. Post 11322188 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.14h):

short at 244



289. Post 11324861 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.14h):

Quote from: Fatman3001 on May 08, 2015, 08:44:32 PM
.... am I the only one whose mind is boggled by their ability to ignore what they said two days ago and still claim that what they are doing makes sense? It's like a populist party. Of course they were right all along. They have called every possible movement there is.

Waves on a chart tend to play themselves out in patterns (impulse, corrective) and adhere to fibonacci levels as EW dictates, but they are driven more by volume, trader psychology and supply/demand than by a predetermined set of rules. EW tries to quantify this behavior but I find it best to keep an eye on their possibilities while analyzing volume and trends and where they're likely to begin and end.

It's just one of many tools to use. Plenty of methods will help reduce risk and point one in a direction of high probability trades. At the end of the day though, good trading comes down to money management than anything else.

But yeah, on a basic level it's mind-boggling to sift through the plethora of EW charts. One of them has to be close, therefore EW works. This reasoning can suck in newbs IMO and give them a false sense of security.

I guess. It's just that every time I see this flock of seagulls turn on a dime I start thinking of Thomas Kuhns "paradigm shifts" and the structure of science. These guys seems to be stuck in a paradigm that's in a heap of trouble. However it's not exactly natural science, so Kuhn doesn't apply.

You are not wrong.



290. Post 11324899 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.14h):

Quote from: derpinheimer on May 08, 2015, 08:58:38 PM
I'm not a TA cultist so I tend to to take most TA with a grain of salt but this jumped out at me.



Doesn't this look like a classic flagpole and pennant? Isn't that supposed to be bullish?
Hm, wouldn't all sudden, sharp, upward spikes look like that? Not sure..

Also, BFX shorts approaching 23k. Cant say they didnt deserve to be burned... Thats from a peak of 31k just a bit over a day ago.

However there's tons of cheap shorts available again (10k) and building. That will probably be taken upon the first sign of a dump..

He drew random lines to a pennant shape. On a 15m chart.

Anyway, cheap shorts are looking good



291. Post 11325500 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.14h):

Quote from: bassclef on May 08, 2015, 10:34:07 PM
Maybe troll a less tech-saavy crowd.

Fuck me, but thats funny.  Grin



292. Post 11325513 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.14h):

Quote from: Fatman3001 on May 08, 2015, 09:48:27 PM

Yeah, you're real big on irony

Hell, if I could borrow some, I'd be short on Irony too....   Roll Eyes



293. Post 11328962 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.14h):

Quote from: inca on May 09, 2015, 11:21:41 AM
we going to hold?

 Grin

Yes. Just hold the position.....



294. Post 11338471 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.14h):

Quote from: JorgeStolfi on May 10, 2015, 02:20:27 PM
How would upgrading their software make random amounts of money disappear from peoples accounts?

Never underestimate the power of a software bug:

https://www.ima.umn.edu/~arnold/disasters/ariane.html

http://www.wired.com/2010/11/1110mars-climate-observer-report/

http://money.cnn.com/2012/08/09/technology/knight-expensive-computer-bug/

http://en.wikipedia.org/wiki/Therac-25

http://www.edn.com/design/automotive/4423428/Toyota-s-killer-firmware--Bad-design-and-its-consequences

http://web.archive.org/web/20071213201037/http://www.gcn.com/print/17_17/33727-1.html?topic=news



"If it hasn't been tested, consider it broken..."

The knight Capital fiasco is definitely a required read for anyone releasing new software. The issue was so simple, and cost them $400m in 20 minutes.  Grin



295. Post 11348473 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.14h):

Quote from: ssmc2 on May 11, 2015, 05:38:47 PM

He definitely nailed it. I would argue though that the healthy growth line should/will track the dotted line for several more months.

He did. But he is already over optimistic. If we are not tracking the line now, how do you think we will be able to do it for several months?  Huh



296. Post 11369516 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.15h):

Quote from: testerman on May 13, 2015, 10:01:37 PM
what the hell is going on?

any bad news?

That was lots of money being made.





297. Post 11369688 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.15h):

Quote from: luckygenough56 on May 13, 2015, 11:08:51 PM


Where is dev  Huh


dev ded? hasnt been on corrie in years.



298. Post 11371173 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.15h):

Quote from: BlindMayorBitcorn on May 14, 2015, 12:33:59 AM
All the dumb ass toaster miner shows is that if there is a VC in the world willing to dump $116 million into that... surely there are at least 10 that will put $50 million into Bitcoin.  What would a few $500,000 market order do to these thin ass markets?

Wtf is a the point of a Bitcoin Toaster?  Do they figure that is the most commonly plugged in thing in day to day peoples lifes?

Bitcoin's killer app.



U beta recognize!


 Grin Grin  Nice.



299. Post 11371186 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.15h):

Quote from: publicjud on May 14, 2015, 12:48:55 AM
is crypto done??  Huh



you are giving signal to buy....

Go git 'em, tiger.

I am basically all in long term, at 224 already.

short term, it's buy on dip, sell on rally.

Of course you are, Honey, of course.



300. Post 11375323 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.15h):

Quote from: Wandererfromthenorth on May 14, 2015, 03:14:23 PM


 Grin Grin  Back when SQL was disruptive....



301. Post 11375530 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.15h):




302. Post 11381556 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.15h):

Quote from: JorgeStolfi on May 15, 2015, 05:26:00 AM
If I was those people I'd buy BTC from these little markets (Coinbase, Bitstamp & others) then sell for a 2x profit on OTCmarkets.

The catch is that you must give the bitcoins to Grayscale, they will give you fresh BIT shares, and you must keep them for 1 year before you can sell them on the OTCQX market.  Good luck...

Dont forget that for $50m in bitcoin, you must give them $100m. Just to feel 'comfortable'. Yeah, that will work.



303. Post 11382201 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.15h):

Quote from: LFC_Bitcoin on May 15, 2015, 09:00:26 AM

It's only psychological but going & staying below 240 is kind of demoralising.


No, its not psychological. You are not dreaming. You are demoralised.

And if you don't perk up soon, we shall have to continue beating you.



304. Post 11382353 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.15h):

Quote from: Fatman3001 on May 15, 2015, 10:03:40 AM

The original statement is a tautology.

Your statement is paradoxical.



*(shamefully googles 'tautology')   Embarrassed

" a self-reinforcing pretense of significant truth"

Can we just call this entire thread the tautology thread?    Grin




305. Post 11393471 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.15h):

Quote from: macsga on May 16, 2015, 09:36:09 AM
Quote
Stockholm, SWEDEN (April 28, 2014) - XBT Provider AB (publ) announced today the authorization of Bitcoin Tracker One, the first bitcoin-based security available on a regulated exchange. XBT Provider is launching this financial instrument to meet the needs of investors' growing appetite for exposure to Bitcoin prices.

Looks like the Monday we were waiting for is here. CCMF?

http://www.bloomberg.com/research/markets/news/article.asp?docKey=600-201504290300HUGIN___EUPRX____HUG1916185-1

Edit:
More links courtesy of gotmilk from another thread.

http://www.xbtprovider.com/lang_en
http://www.kncminer.com/
http://www.nasdaqomxnordic.com/


You really need to deal with your Messiah fixation. This Swedish play is just a small scale variation on the GBTC wheeze - novel ways for those already invested in bitcoins to try and recover some of their losses by dreaming up convoluted 'financial instruments' ( derivatives)  to attract next generation suckers.

All the time you are ignoring the fact that bitcoin as a means of value exchange - its raison d'ettre - is not succeeding as it needs to. Unless you address that shortcoming, all these etf's and \wall street' ploys are just so much lipstick on a pig.

They certainly wont make you rich.



306. Post 11393509 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.15h):

Quote from: joghsephre on May 16, 2015, 02:08:33 PM


DigitalBTC Stock Falls to 20-Month Low as Bitcoin Price Plunge Hurting Earnings
http://www.financemagnates.com/cryptocurrency/news/digitalbtc-stock-falls-to-20-month-low-as-bitcoin-price-plunge-hurting-earnings/


Quote
Shares (ASX:DCC) have fallen from $0.014 (AUD) apiece to $0.091 in the past four days of trade

From above article. I dont think I will be subscribing to 'Finance Magnate" any time soon....

According to This things are looking good, no?  Or am i misreading? (Im trying to watch the rugby, in fairness)



307. Post 11403429 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.15h):

Quote from: inca on May 17, 2015, 05:19:32 PM
How much does it cost to dox someone?

dork.



308. Post 11407905 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.15h):

Quote from: phoenix1 on May 18, 2015, 08:49:25 AM
Idiot.
Cheesy
Thanks!



sorry. that was before i read how you made the mistake and corrected it on other thread. deleted post.



309. Post 11408393 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.15h):

Quote from: Norway on May 18, 2015, 09:49:57 AM
3000 bitcoin IOUs sold at Nasdaq Stockholm. I like the rate at which XBT Provider ABs offline wallet is sucking up coins from the market!  Grin

300

61969/200=309.845

3000

610,661 / 200 = 3,053.305

EDIT: Ehh, ok. You're right. The turnover is measured in SEK, not number of notes...  Sad

Oh god. they're still at it.

I don't mean to be picky, but if you are going to hype the shit out of something and want to look even the tiniest bit credible, don't you think you should understand details like this?



310. Post 11408859 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.15h):

HUGE train incoming from STOCKHOLM!!!

CCMF!!











...  oh, wait...



311. Post 11409083 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.15h):

Quote from: Fatman3001 on May 18, 2015, 11:17:54 AM

You doofus, you fell for your own trap.

https://www.youtube.com/watch?v=dS12p0Zqlt0

I have taught you well,  Padawan.... Cool

Hey, I got to post a ccmf and a train gif after all!




312. Post 11418599 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.15h):

^^ Permabull getting despondent...  Bullish!   Grin

Its been holding fine for the last few weeks. It only looks bad if you were hoping for salvation from contrived derivatives like 'stockholm' and gbtc.




313. Post 11423859 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.15h):

Quote from: Fatman3001 on May 19, 2015, 06:37:13 PM

Crude ded?



where is derv?   Grin



314. Post 11428119 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.15h):

Some solid buying going on, and its not just me.  Cool



315. Post 11445517 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.15h):

What did I miss?   Grin




316. Post 11445557 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.15h):

Traded up to the 240's and then back down 236 this morning. And not a single rocket gif. Seems bitcoin can function fine without us....   Shocked



317. Post 11449047 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.15h):

Quote from: Fatman3001 on May 25, 2015, 05:07:23 PM
Fellow travelers,

This is a friendly reminder to change your account passwords, in case their hashes were compromised during the breach.

We wouldn't want usurpers spreading misinformation from hero accounts, would we?

Would we notice and would we care?

 Grin



318. Post 11467110 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.16h):

Quote from: Fatman3001 on May 27, 2015, 08:33:32 PM
dump!

Don't dumb it down, it was pure and beautiful.

This thread needs more .....





319. Post 11644734 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.18h):

Quote from: LFC_Bitcoin on June 17, 2015, 06:18:45 PM
Bids piling up again. Nothing goes straight up Wink

Let's keep it coming inca, little bit by little bit, day by day. We're in this for the long haul, let's try & stay over 260 by the end of tomorrow. There's a renewed air of positivity around the last few days & I like it a lot   Grin
The trolling is becoming more scarce & the little that remains is looking really desperate. Targets - 255 by tonight - over 260 by thus time tomorrow.

That tune never changes.

Short to 225, and make some proper money.



320. Post 11966732 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.21h):

Quote from: Chef Ramsay on July 25, 2015, 03:55:04 AM
The winklevii already have investors ready to buy as soon as they go live.  They know alot of high power people.
Totally, I rest my case. This shit of bitcoin is gonna get out of hand in a hurry and freak you out like you've never experienced in your life before. The roaring 15s and beyond are coming so you better get your shit in order to panic buy needed if you're not already all in at this point.

That is so funny. Man, you dont even try to sound grown up or intelligent anymore.. Grin

buy..mmmmff...buy...  winks got friends.... we all be rich... mmmff...

Quote
When you find yourself agreeing with a majority of fools, its time to worry



321. Post 11986439 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Beijing market is in meltdown, so expect some temporary gains in Bitcoin. Next few hours will be interesting.

But we will be back to 230 by Friday.



322. Post 11986497 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: criptix on July 27, 2015, 10:18:46 PM
how do westerners short chinese stocks?
eli5 please!

coz its a sure thing. right now.  Chinese authorities made the fatal mistake of trying to fight the market.

edit:  my bad - misread your "how" as a "why"




323. Post 11986513 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: BrewCrewFan on July 27, 2015, 10:23:43 PM
Beijing market is in meltdown, so expect some temporary gains in Bitcoin. Next few hours will be interesting.

But we will be back to 230 by Friday.

If that is the case you should be more than happy to take 10 bucks over your spot price then, after all, giving you 10 dollar profit.

More profitable to sell at 290 and buy them back at the lower price. If you are a hoddler, then you may not get that.



324. Post 11986605 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: JimboToronto on July 27, 2015, 10:37:13 PM
Beijing market is in meltdown, so expect some temporary gains in Bitcoin. Next few hours will be interesting.

But we will be back to 230 by Friday.

If that is the case you should be more than happy to take 10 bucks over your spot price then, after all, giving you 10 dollar profit.

More profitable to sell at 290 and buy them back at the lower price. If you are a hoddler, then you may not get that.

What this holder doesn't get is how you can be so sure it's going to be appreciably lower on Friday, let alone all the way down to $230.

Sounds like a typical beartard pipe dream.

Well, on balance, you are right - 'appreciably lower' would have been a better term than '230'. But '230' gets a better reaction!!

Its just a hunch - I think a lot of the recent gains have come from Asian money hedging their stock market woes. I think when the dust settles on Thursday, there will be a lot of bargain hunting on the Beijing market, pulling money out of the bitcoin markets.



325. Post 11986643 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: inca on July 27, 2015, 10:48:21 PM

But we will be back to 230 by Friday.

I see the bears are shorting again here at 300. It is basically a last stand for them.

Any appreciable buying now will eviscerate the remaining 10,666 shorts on finex.

Place your bets!

If the bears don't understand or care to learn about the context of the market compared to its prior actions--that is, how the last six months has been coiling the spring of this rally--they deserve to lose money.

I do wonder if they believe the crap they spew.

I only believe you, inca..   Grin Grin Grin   

  |
 V



326. Post 11994386 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: molecular on July 28, 2015, 07:25:44 PM
What is this up trend due to?

When it was the the Greek problem it was logic,but now?
Bitcoin has many advantages compared to fiat money. Why isn't that logic enough for you?

Waiting 10-30mins for conformation is not an advantage in the daily use...

SEPA transfer takes a day where I live and paypal / visa could transact BTC just fine through their network if they wanted to.


Visa/Paypal what now?  Huh  I thought we were trying to drive these money grabbing corporates into the sea?   Grin Grin

confirmation times are only an issue for small 'instant' payments. Its not insurmountable, but something that will come with maturity.




327. Post 12007353 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: inca on July 30, 2015, 10:31:37 AM
700 coin ask wall sat on 286. Someone trying to keep the price down.

Or it could just be....  people selling bitcoin?
Maybe after seeing some gains lately and want to crystalise them?
Or maybe they spotted a good opportunity on another market and want to jump on it?

Nah, I'm just f**kin with ya - you are right  Grin. Conspiracy theory is sooooooo much more fun and relevent.



328. Post 12008949 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: aztecminer on July 30, 2015, 02:19:21 PM

.. me i am be on a boat.


Boats no good unless you have an island too.  Grin



329. Post 12009230 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: BlackSpidy on July 30, 2015, 02:33:50 PM
Man, I'd be delighted to get some cheap(er) coins at $250! But alas, the price stays consistently above $280.
PS: the FUD trolls are getting less ambitious by the day! That is, if they show up at all. Whatever happened to that guy that said there would be double-digit bitcoin on the way!? Oh, well.

God love the hopium trolls. "I dont care how much it is!! I wanna buy it, because 2.1 million coins!  Because anonymous!!  Because I've got beans n' ammo in my basement!!

 Grin Grin Grin



330. Post 12020917 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: Torque on July 31, 2015, 01:19:15 PM

I see my bitcoin net worth go up/down ~$3K for every $10 btc price swing.  Doesn't faze me a bit, but the silly n00bs who are afraid to HODL a single btc and are just looking to make a few bucks to buy the latest cheap trinket (that they'll forget about in 6 months) would be freaking out.  They are the true weak hands.

And I'm still buying when I can, without any fear.

To create real wealth, you must have a long term vision and balls of steel.

Oh please, spare us the bs. Your a bigger bag holder than Inca!!!  What did you buy at? 500? 600?   Grin Grin Grin

Quote
Name:   Torque
Posts:   1300
Activity:   560
Position:   Hero Member
Date Registered:   November 18, 2013, 06:18:37 PM
Last Active:   Today at 07:44:00 PM



331. Post 12023863 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: simmo77 on August 01, 2015, 08:31:31 AM

<snip>


BJA - aka Mr Charisma



He is just hurt because once he was, like, a gazzillionaire. And he watched, sitting in front of his computer, 40oz in hand,  as it all disappeared because "HODL"...


If you sold on Tuesday at 295, you could now buy back at 280.  A nice 5%* windfall.

But thats retarded, right?  Assholes, right?


* Your mileage will vary



332. Post 12023936 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: LFC_Bitcoin on July 31, 2015, 10:39:39 AM
Nobody sells on the way down unless they're retarded.

Or trade professionally in the financial services market.




333. Post 12024644 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: Dump3er on August 01, 2015, 11:33:08 AM
Nobody sells on the way down unless they're retarded.

Or trade professionally in the financial services market.



Hodlers and permabulls giving trading recommendations...

 Roll Eyes

...it's always hodl...it's always buy now.

Those who do not possess the capacity to think for themselves must rely on mantras. It dulls the pain of an existence they don't quite understand...  Smiley Smiley




334. Post 12025291 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: inca on August 01, 2015, 01:28:11 PM

Bears need some pretty heroic selling to move the price down. It may come. But not from any of you lot.

You really need to get some distance from this persecution complex you have. Nobody is manipulating buys or sells. They are simply informed players reacting to the market with reference to the factors acting upon it.

You see ( and pray) that the market will keep going up so that your little bag will make you rich. Everyone else sees it as an organic, complex market of shifts and swings charting the slow adoption of a new way of exchanging value.




335. Post 12025713 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: inca on August 01, 2015, 01:54:12 PM

It is common parlance to refer to those who benefit from the price rising and falling as bulls and bears. I am taking a guess that those with a bearish position have already sold short or simply sold their position. That is the reason why you have wormed back out the wood work, right?


Informed players are bulls or bears based on the position they have already taken - and they take this position based on where they speculate the market will go.  

No intelligent person plays the market continuously as one or the other. Except people like you, and the other permabulltards who litter this thread, hating anyone who tries to take a more balanced view.

Yes, I have played my position, as I posted on Tuesday.  But I only buy and sell - I don't take short positions, and I certainly don't leverage. But I also spend far more time adopting my business model to include bitcoin as a method of exchange. If everyone spent more time trying to live more with bitcoin, we could develop it much further, instead of just standing on the sidelines hoping to be rich.



336. Post 12026305 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: inca on August 01, 2015, 03:00:09 PM

Emboldened text: So when i said you have already taken your position and now are trumpeting improbable price collapses on here you are doing that to talk your book, right? Thought so. Funny that you disappeared as the price rose from 219 to 316 Smiley

I never trumpet anything of the sort - look at my post to the coffee guy - I guessed 'significantly lower', not collapse.  230 was tongue in cheek, but still hardly 'collapse'


Quote from: inca on August 01, 2015, 03:00:09 PM
Oh and owning a commodity or share over the longer term because there is a long term bullish trend is not unintelligent. It just isn't churning trading in and out of a position trying to catch every little up and downmove. Damn those lucky microsoft/apple/amazon/'name any stock with a long term bull market' investors! Most traders lose and lose very badly including most on this thread by trying to time the market.

Bitcoin is a commodity now?  Thats your number one mistake.  Bitcoin has no intrinsic value, other than the trust that people have in it as a token by which value is exchanged.  A lot like the dollar in that respect. I'm guessing you dont see the distinction in that.


Quote from: inca on August 01, 2015, 03:00:09 PM
Btw if you are going to accuse people on a bitcoin forum who are bullish about bitcoin as hating and then at least think about your post structure and move the word 'permabulltard' into a different sentence. Smiley

people who labell posters "Trolls" because they have a different view to their orthodoxy are, in my book, haters. Maintaining lists and suchlike is almost an incitement to hatred. Its not healthy.





337. Post 12033429 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: citronfęte on August 02, 2015, 01:45:36 PM

We need someone or a couple people to aggressively buy in order to break this downtrend...like you said a 5k market order would def do it!

Maybe we should ask inca & ask to do it?  Kinda surprised they haven't thought of it themselves, cheap coins...

+1.

Clinging to an idea that makes no logical sense to informed players is about par for the course.



338. Post 12040208 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: Fatman3001 on August 03, 2015, 08:16:34 AM
Ugh, just came back. 50 pages to go through.

Quick sumary:

Bears be bearish
Bulls be bullish
NLC made an appearance.
Inca posted dubious pictures of children.

And bitcoin? Well, bitcoin did fuck all except go down a bit and then start to come up.

Saved you at least an hour there.... Grin



339. Post 12040853 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: Gyrsur on August 03, 2015, 10:27:16 AM
Mark Karpeles menaced to dump at least 500k bitcoins if arrested. So dump your coins if it`s not too late !

he's not able to dump anymore just singing in the jail.


Quite true. The only dumping he will be doing for the foreseeable future will be into a little metal bucket in the corner.

Interesting to note that the only charge the japs have been able to hold him on was in relation to his little bit of theater where he 'demonstrated' the liquidity of MtGox by transferring a million odd dollars into his account. It seems its illegal to falsely inflate your balance, but quite legal to make 300 million disappear.  Smiley

Either way, I reckon his arrest/trial will have precisely zero impacrt on the bitcoin price. The damage was done long ago.



340. Post 12042852 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: aztecminer on August 03, 2015, 03:31:06 PM
like 5% of all bitcoins possibly lost forever ??

Be more like:



Seriously, but didnt they find 200,000 of them in another computer? (you know, the one that wedges the server room door open..)



341. Post 12043895 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: JimboToronto on August 03, 2015, 04:57:30 PM
Good morning Bitcoinland.

Been on the sick list for a few days but I didn't seem to miss anything except maybe the usual trollfest when it temporarily dipped below $280.

No sign of the anticipated end-of-week crash that China was supposed to wreak upon us.

Business as usual.

It sure didn't. Even HSBC released better than expected figures in the middle of that storm. Maybe we are over rating their influence.

Ah well, onward and upward.



342. Post 12048138 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: JorgeStolfi on August 04, 2015, 03:35:13 AM
Another "stress test" just started.  The backlog is already 60 MB of unconfirmed transactions, and the input traffic is ~ 3 MB every 10 minutes, or ~5 kB/s .  So far, the tester is paying 0.2 mBTC/kB, like the last one.  Will it keep at that, or increase the fees later?

How accurate are these figures?  Its a simulation of a model of the system, so doubly removed!!.
As the dev admits, " the main tradeoff, however, is the dependence on the model assumptions"



343. Post 12060108 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: Totscha on August 05, 2015, 11:49:15 AM


Based on the time for a single block (368501)? Are you kidding me!? Cheesy Cheesy Cheesy

Do you even?




344. Post 12062328 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: dreamspark on August 05, 2015, 05:05:10 PM
Im so excited about the halving, whether you think its going to go up or down no one can argue that the uncertainty is gonna bring some volatility so us traders can finally make some good money again.

In the nearer term, we have the upcoming possibility of the Chinese  having to free float the rmb.  They've been artificially keeping it down by pegging to the usd, but if they want to be part of the sdr basket, they will have to unpeg. If it becomes a de facto reserve currency, a lot of Chinese hodlers could have a good reason to switch out of bitcoin.

I'm not sure of the timeframe, but I believe they have to decide ahead of the next IMF meeting in October.  It will be interesting to see how (or if) it effects bitcoin.



345. Post 12068795 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: Spider-Carnage on August 06, 2015, 08:12:42 AM
I just really hope I manage to get some BTC below $300. So, guys, prepare to go past $320. God knows whenever I want cheap coins, the price goes up

... Wait. That sounds familiar.

I just really hope I manage to get some BTC below $300. So, guys, prepare to go past $320. God knows whenever I want cheap coins, the price goes up  Undecided

Please don't steal my comments. Hey guys, new account because some meanie gave me bad rep because he "disapproves of account farming".

Don't worry. At least it wont harm your zero credibility. (too much)



346. Post 12070987 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Tokyo judge says "You cant own a bitcoin...."

http://www.coindesk.com/tokyo-court-bitcoin-not-subject-to-ownership-2/



347. Post 12071044 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: Killerkane on August 06, 2015, 04:55:10 PM

I don't think it will happen any time soon either.  Just look at the trouble they're having with obviously needed changes, like block size.
No, Bitcoin will likely remain unchanged (and in beta) for the rest of its life Sad

It will happen if  bitcoin fails to be a plausible currency due to its inherent 'deflation by design configuration'.

If people cant buy bitcoins because they are all owned by folk who want to hoard them, then they will go elsewhere.
 



348. Post 12071155 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: Erdogan on August 06, 2015, 05:10:54 PM

Obviously, it is not the last word.

I regard them as tangible. (Remember Tangible Cryptography?)


Yup, it goes back to the old mantra of "If you don't have the private keys, you don't have the bitcoins"



349. Post 12071202 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: jbreher on August 06, 2015, 05:22:24 PM

Makes no sense. There is always a price whereby motivated buyers can induce an owner to become a seller.

Makes perfect sense in a deflationary context. Would you sell something today that you know will be worth more tomorrow?



350. Post 12073117 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: Gyrsur on August 06, 2015, 09:07:33 PM
have the impression the forum becomes more and more attractive for guys which are working in financial institutes since the financial industrie fall in love with the blockchain. if I were they I would also troll the enemy. Wink

If they are then its purely as a source for witty dinner party anecdotes.



351. Post 12073564 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: Fakhoury on August 06, 2015, 10:35:42 PM
@RJ

Yes we can wait, 10 years is nothing in life. I know from speaking to you privately that you're a young man too. I'm totally relaxed about the situation at the moment. Our ultimate goal is mainstream adoption, obviously if that does occur then the big prices will follow naturally.

We're still in accumulation phase. Every single satoshi counts at the moment. Stay calm & patient, we're in this for the long haul.

The HODLERS club is amazing, although it's full of pain and blood, but in the end, the sun WILL shine.

You sound like you have no real idea how this is going to happen - just a blind gamble that the rest of the world will somehow pick you to be the new elite.

How many wealthy people do you know who got wealthy simply by buying... money?



352. Post 12086040 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Booiiiinnnnggg!!!!



353. Post 12086552 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: coinableS on August 04, 2015, 04:09:55 AM
We're gonna hit, or be very close to 255 during august.

Then 400 by the end of the year

pic

Not going to happen! We aren't dropping below $270. $400 seems like a low target for the end of the year. I'm thinking closer to 600.

Well, that didn't go well.


edit:  Apologies noobtrader - just spotted your post.




354. Post 12086594 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: Stevenirving on August 08, 2015, 02:28:10 PM

We are going nowhere but up.
Bottom was hit.
Bouncing off it.
Last chance for cheap coins

New lows are created faster than you can make wishes.




355. Post 12086629 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.22h):

Quote from: fonsie on August 08, 2015, 02:30:05 PM
Big buys @Finex.

Big buys LOL.

What chart are you looking at.

Still no real bounce, probably go own further tbh.

$30mill of longs , everyone is leveraged long to fuck and now the market maker is laughing all the way to the bank as nobody has money left to buy this up. Just look how weak this bounce is.

I hope you do realize that what you see happening on the exchanges is just kids play to get what you want when buying over the counter.

OTC? You are having a laugh, right? The real price of bitcoin is being hammered out right before your eyes on these markets.  OTC is just a comedy side show.



356. Post 12087123 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: TragicalSam on August 08, 2015, 03:14:14 PM
Are you watching the walls, gentlemen?  

THERE IS NO BOTTOM!

Shocked

Which idiot looks at walls?

Not I.  But if I did... I'd probably hang in the Wall Observer thread Smiley

Fonsie, I can smell you burning from waaaay over here.....



357. Post 12087143 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: Fatman3001 on August 08, 2015, 03:21:20 PM


Retard Mode is setting in. Time to go up.


Havent seen a "Is bitcoin ded?" post yet. Too soon.

PS  Where is dev?  Grin



358. Post 12090536 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: JimboToronto on August 09, 2015, 12:34:42 AM

I think he imagines that he's somehow being clever or humorous rather than just being mind-numbingly repetitive and boring, especially since his sig begging seems to indicate that he fancies himself as some kind of comedian or humorist.

It wasn't funny the first time and telling the same lame joke again and again can be really annoying.

You really hate it when posts are mind-numblingly repetitive?



359. Post 12090572 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: nioc on August 08, 2015, 09:57:59 PM

Thousands of years ago before books were printed in any quantity, people would memorize an entire book so that they could share it with others.


what books were printed thousands of years ago??   Huh



360. Post 12090580 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: Fatman3001 on August 08, 2015, 10:01:08 PM
https://www.youtube.com/watch?v=_kpyhzj5_BA

https://www.youtube.com/watch?v=uWi7zQQzdKY

https://www.youtube.com/watch?v=6DF66BdoW1U

https://www.youtube.com/watch?v=t1DWBKk5xHQ

Change you tune!!!

https://www.youtube.com/watch?v=_kpyhzj5_BA




361. Post 12096166 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: natewelt on August 09, 2015, 01:05:30 PM
.... I either want to make thousands of dollars or lose it all. I'm not in this thing to make a couple hundred bucks.

 I also believe in the system and want to use BTC for its intended purpose eventually.


I think you will find that these 2 noble goals are probably mutually exclusive.
Or do you just expect everyone else to go out and do the legwork, take the risk, etc. just to make you rich? Have you so little respect for your fellow travellers bitcoiners?



362. Post 12101906 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: cbeast on August 10, 2015, 07:12:24 AM
So the $300 dream is good as dead now? But the $500 dream still intact in my brain. I don't know why. Maybe because of the incoming halving?

$300 dream ded, confirmed. And your brain is the only brain aware that such halving is inbound.

Maybe after 200k worth of goxcoins get distributed, 70k US and AU govcoins to be sold, a maxblocksize argument that seems to have donned cement shoes is resolved... maybe.
Wow, really? Yet Bitcoin is still up ten million percent in just six years. The world just needs to try to wrap its head around that fact. Those kind of numbers just don't fit into any kind of analytics. Most of the world has many broken paradigms to replace as well. Just relax and be glad you are here with us witnessing such an historic event.

It takes 10 million percent to get $0.0001 to $10.  And in only 6 years!!!  You are doing so well.

Returns are like risk - a huge increase in something tiny is still tiny.





363. Post 12102537 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: Norway on August 10, 2015, 11:12:28 AM
I call it the Nyxit, lol.

Thats very good.  Wink



364. Post 12102560 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: fairglu on August 10, 2015, 11:17:55 AM

BitLicense application spectrum looks quite broad to me
https://bitcointalk.org/index.php?topic=1147913.msg12091268#msg12091268


Its funny when you read into the bones of the NY bitlicense, its pure 19th Century thinking for dealing with a 21st century technology.



365. Post 12103835 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: Norway on August 10, 2015, 11:28:22 AM

I think you are confused if you don't think Bitpay need a bitlicence for NY customers, professor. Man up and admit you were wrong  Wink

This from BitPay's CCO, Tim Byun.

Quote
BitPay does not have any contracts or relationships with consumers.  Consumers’ only interaction with the Processing Service is through

a Merchant’s website or point-of-sale system that has integrated the Processing Service.  As BitPay

offers no consumer-facing services, consumers cannot engage BitPay to remit bitcoins to another per-
son, buy or sell bitcoins for themselves, or store their bitcoins.



366. Post 12103969 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: Elwar on August 10, 2015, 02:00:32 PM

I converted 800 bitcoins into cash one time back in the day through BitPay.


I think authorities would view that use of BitPay as "Laundering", not "conversion"  Grin



367. Post 12105198 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: Mervyn_Pumpkinhead on August 10, 2015, 03:41:48 PM
I don't think that the 5000$ fee was a the problem with BFX. That would be just silly. I think that the problem was with regulations that regard shady schenanigans, like insider trading.

If the bitcoin market wants to become something serious, then it would have to be regulated and run openly. If the market is unregulated, and all the exchanges can just do whatever they wish, then you can be certain that they will abuse their position to get the upper hand in the trading game. Then it's not trading anymore, it's gambling in a virtual casino, run by the exchanges.

The Real Drop will start when people will finally realize that bitcoins price is as high as it is, only because of the past shady schenanigans of the exchanges.

I think the big issue with the terms of bitlicense are to do with how they define Virtual Currency Business Activity. Its worded in a way to include any and all activities that could be linked to VCBA. That would have the potential to create a bureaucratic nightmare for any business. Like I said earlier, they need to word this in the ubiquitous language of the technology, not try and fit it to what they understand traditional financial activity to be.



368. Post 12105784 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: becoin on August 10, 2015, 05:02:17 PM
I think the big issue with the terms of bitlicense are to do with how they define Virtual Currency Business Activity.
Good. Bitcoin is not a virtual currency. It is a digital currency.

Section 200.1 of the DFS Proposed Rules, Codes, etc.  states:
Quote
(p) Virtual Currency means any type of digital unit that is used as a medium of exchange or a form of
digitally stored value. Virtual Currency shall be broadly construed to include digital units of exchange that (i)
have a centralized repository or administrator; (ii) are decentralized and have no centralized repository or
administrator; or (iii) may be created or obtained by computing or manufacturing effort.
I see what you say, and agree with your definition, but like I say, the language they use is arcane and open to misinterpretation.



369. Post 12107214 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: rich93 on August 10, 2015, 07:55:22 PM

That's the whole point. They get to interpret what their own arcane language means, not somebody else.

Thats what your advocate is for!!  In most jurisdictions (outside the US, anyway) overly vague or expansive legislation usually gets hammered fairly quickly. Tragic cases make bad law, but so does fear and lack of understanding of the subject under review. Most of the submissions in response to the DFS proposals were centered on refining the scope, but I think this largely fell on deaf ears. They did, however, remove references to software services which had been part of it.  Grin



370. Post 12112085 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: Erdogan on August 11, 2015, 10:21:40 AM
Yuan devaluation does nothing. Bitcoin is its own kind  Undecided

I wondered about that too. The yuan price of btc should go up, relative to the dollar price of btc.


ts not really being devalued. They are merely changing the rules they use to decide where it trades. Todays rule is to fix based on where it closes in the previous days trade, which is effectively 'unpegging' from the dollar because previously the midpoiint for this trading band was dictated centrally,  and not by the market.
 
The yuan has been, and remains, woefully undervalued against the dollar. If it were allowed to trade freely, it would probably gain as much as 20% on the dollar in a short period of time.

You need to read into the articles to get the truth here. They all headline the \devaluation' but play down this fundamental change to how they value the yuan. Take the guardians coverage http://www.theguardian.com/business/2015/aug/11/china-devalues-yuan-by-2-to-boost-flagging-economy

You need to go to the very end to get this nugget:
Quote
The devaluation may be an attempt to make trading more open and market-based, observers said.

“I don’t think this is a reaction to the weak trade data over the weekend, I think it’s because of the SDR,” said Zhou Hao of Commerzbank in Singapore.

“They need to have a market-based mechanism and they need volatility.”




371. Post 12152105 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: marcus_of_augustus on August 16, 2015, 12:26:18 AM

if public gets notice of this fork-thing we could easily go double digits.

We are just waiting for the conclusion of the debacle, then MOON!


you're an idiot if you think Hearn is taking you to the moon ... he's the lead engineer on the train to the gulags.

You damn troll,  away with you!!   To the List!!!


Even I dropped my jet-pack in for a service today - just in case...   Grin



372. Post 12157098 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: lebing on August 16, 2015, 03:51:20 PM
OK finally...

Why did the market wait a whole week to dump 10K coins for 3 dollar discount?

 Cheesy

Is this it? Or will we dump another 10k and get our $255 coin?

because the fork is actually happening now. This isnt going to be good for the price.

As I understand it the fork is a very slow process.

It is until it isnt. The writing is on the wall now. I am of the opinion this is going to be very bad for bitcoin.
This fork only makes difference when majority (75%) miners have switched to the new fork. Actually, since everyone can see the progress in the blockchain, once it is close to 75%, most of miners and nodes will switch already. So in my opinion, there will be no noticeable fork happen at all.

Depends on your perspective. From the perspective of a merchant or an exchange, it is very much going to affect them as there are going to be two copies of the blockchain and that means two copies of spendable coins. This is not going to be good.

There will only be a fork once 75% have moved to XT. Up to that point there is but one chain.  Once the fork occurs, there will be a very rapid migration of the remainder to the consensus chain. There will be no extended period of duplicate chains.



373. Post 12157245 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

If you are planning on setting up a node, you should be fairly committed to it. More nodes are better, but only if those nodes are reliable ( have high availability) Nodes that pop up every now and again at random intervals can actually be detrimental to the network. I dont think there is a hard science to it, but it should be borne in mind.

If you want to run a node and be a real asset to the network, then you should be prepared to have a machine that is always on.




374. Post 12157313 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: AlexGR on August 16, 2015, 04:22:56 PM

Can somebody explain this to me like I'm a 5 year old:

XT is supposed to make bitcoin futureproof, but how is it going to achieve that, when it can be spammed up to ~1.15gb / day, meaning that it'll take just 100 days for a determined attacker to increase the blockchain to +115gb, and around a year to take it up half a terabyte.

Terabyte hard drives are standard now. A year from now 5 TB drives will be standard. That's a worst case scenario and could still be easily handled. 

The worst case scenario is that someone starts spamming the blockchain with the 8mb blocks. Then, next thing you know, people will say "ohh these 8mb blocks are full, we need bigger blocks". Then you get 20mb blocks and ~3gb/day of bloat / >1 tb per year. And who is to stop them spamming the 20mb blocks and getting them full too? What's next? We'll be asking for 100mb blocks? This is madness.

Personally I don't believe that even the 750k/1mb blocks are full by legitimate transactions and not bogus transactions. I believe these bogus transactions are created to stir a "debate" about "ohh we need bigger blocks" and stuff so that we can then go on and shoot ourselves in the foot by "accepting" larger blocks as the "natural evolution".

We have to deal with a reality here: Big banks, credit cards, swift etc, don't want BTC to succeed. Bloating it is a very cheap way they can use to kill it. It's much cheaper than a 51% and cheaper than manipulating the BTC market. And it will be FAAAAAAAAAR cheaper to enable that attack vector with 8mb or 20mb blocks.

I think you have just gone Full Retard Conspiracy Theory there.  The issue is smaller than that, the solution is even simpler.



375. Post 12158905 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: becoin on August 16, 2015, 07:57:46 PM
I have NOT sold, and I am just attempting to figure  out the best point to buy some more. 
Every point is good point to buy some more. But you've to follow few simple rules:

- Use only long term funds to buy bitcoins. Funds you won't need for the next couple of years.
- Use only your own money. Don't borrow!
- Use only such an amount you can afford to lose entirely with a smile.
- Work on your own bitcoin project that improves bitcoin economy and don't waste your time looking at bitcoin price day and night.

Never forget that Bitcoin is just one experiment. It is very promising and getting stronger every day, but still is an experiment.

That post should be a sticky at the top of the topic.  Cheesy



376. Post 12159163 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: Erdogan on August 16, 2015, 09:01:33 PM

I retract that post - I see that there might be some confusion at the time of fork. Let's hope the losing chain dies quickly.


From that article:

Quote
Edit: The first instance described in the article was a soft fork and not a hard fork. The 2nd instance is in debate [as to] whether or not it was non-deterministic behavior or a true hard fork.



377. Post 12160183 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: JorgeStolfi on August 17, 2015, 12:24:58 AM

Oh, and the bitcoin "news" webshites, like CoinDesk, have been as silent on the topic as any statist newsmedia would be.

Its not like we were getting anything meaningful there anyway.

I think this will be a quiet revolution - lots of smothering....   Wink



378. Post 12168868 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: shmadz on August 17, 2015, 11:41:56 PM

It's not even that I am against raising the limit. (within reason)  I'm mostly just irked by the fear mongering and panic and desperation-driven FUD coming out of the Hearn/Andresen camp.

Most of the hysterics I've witnessed are from the Blockstream camp.  Most XT posts seem pretty calm, just watching the adoption. Anti forkers are screaming threats and XT-spoofs in an effort to subvert what has already happened.



379. Post 12170483 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: Fatman3001 on August 18, 2015, 06:19:37 AM
It's interesting to see how much this thread recently changed from price movement discussions to block chain and other discussions.
Coming back to price discussions and bitcoin forecast, we see that the technical analysis methodology works fine to predict bitcoin prices. And with that, speculators and investors can save time. No need to worry about blockchains, hashes, etc. More info here: http://bullbearanalytics.com/bullbear-analytics/


Thank you for saving us from the darkness that is OT. It certainly is the milk of the dark one.

So all I have to do is pay you $300 and I'll get to buy a boat? How can I lose!?!?


You ungrateful git. Every boat you buy is one that he is deliberately foregoing so he can share the good.  Grin

And all can be done by ignoring fundamentals. Seems legit....



380. Post 12175181 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: ImI on August 18, 2015, 02:10:07 PM
Imo Gavin and Hearn are to blame for this.

Blame for what?

For the PR desaster that is unfolding at the moment and that could cause harm to the adoption of BTC as much as Goxfart did.

For giving a choice?  Whats with the constant personalisation of the issue? There are 800 fewer bitcoin core implementations - thats a lot of people making a choice.


The suppression of debate on here and reddit will likely have far deeper repercussions in the coming months.



381. Post 12176294 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: becoin on August 18, 2015, 06:45:25 PM
The "moderation" going on is frankly disgusting. How the hell can any compromise happen if you use force make the opposing side of the debate just shut up?
Nobody is censoring you. You're free to register bitcoinxttalk.org and discuss XT altcoin in every way you like.

You're missing the point. If the arguments against raising block size stood up to scrutiny, there would be no need for this suppression of the debate.

They don't. So now there is an orchestrated blacklisting of any dissenting voice from the blockstream narrative, with little more than vague screams of "Dear god! Think of the children!!" to justify it.

Strange thing is, the 1mb limit, coupled with the opening of blockchain to private chains would hit the hard core HODLlers here the worst. Being able to settle financial transactions on a private  chain with satoshi level tokens would wipe out any chance bitcoin would have at being a de facto currency for commerce.



382. Post 12176475 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: JorgeStolfi on August 18, 2015, 07:01:05 PM
 The average delay for the transactions that had the bad luck of being below the median will then be ~20 hours (instead of the ~10 minutes of normal conditions).

A bit short of the 30 day target, no?

Quote from: JorgeStolfi
The fee-adjusting tools that have been proposed by the Blockstream devs, to be used in the "fee market", woudl make this atack much cheaper.

I told you they were evil!!!   Grin



383. Post 12177653 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: carbona on August 18, 2015, 09:26:46 PM
I predict the mother of all crashes coming if they do more "stress testing" now that the fork issue is also coming to a headline near you.



When are they going to start stress testing again? I heard it would vaguely be sometime in September but is there anything more specific than that yet like a date? I don't want to have my payments stuck in limbo for days like during the last test, but I also don't want to start paying higher fees until absolutely the last minute.

http://www.ibtimes.co.uk/coinwallet-plans-bitcoin-dust-attack-september-create-30-day-transaction-backlog-1515981

If they do that then I think it will be a scenario that Bitcoin will have difficulty of recovering from. It might be the beginning of the end, and something else will take over.

Better we find all the bugs/attack vectors while Bitcoin's still in beta.  People keep forgetting that this is a prototype, an experiment, not a money printing machine.

who invited this guy?   Huh



384. Post 12177720 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: Ducky1 on August 18, 2015, 09:39:19 PM

Well, it seems to me after watching some of the technical debates that bitcoin has a serious problem with the beta status and a value of $4billion. It makes it extremely hard to fix technical issues just because of it's value. It can never really get out of the beta status and fix the real issues.

There is nothing wrong with the code per se. It doesn't scale very well ( easy fix) and its propagation bound (alas inherent in the design). Its biggest problem is that its potential as a mass financial settling platform has been spotted, and some people wish to change it towards this service (attracting about $200m in VC in the process) . Its possible that this will prevent bitcoin from becoming a unit of commerce in its own right.

But for what it does now, it does exceptionally well for a giant beta.



385. Post 12177806 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: Fakhoury on August 18, 2015, 09:52:22 PM


Well, it seems to me after watching some of the technical debates that bitcoin has a serious problem with the beta status and a value of $4billion. It makes it extremely hard to fix technical issues just because of it's value. It can never really get out of the beta status and fix the real issues.


Mr. Contradiction, from where did you buy your crystal ball ?

Kindly tell me as your crystal balls sucks tbh !!

Lol, not perfect, but has there ever been a technology where the first implementation where the successful one in the long run? 



Did you hear about the internet ?

The internet used NCP ( under arpanet) until 1983 when they changed protocol to tcp/ip.



386. Post 12178698 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: adamstgBit on August 18, 2015, 11:58:00 PM
HOLY SHIT 10Mil$ in longs closed!
How do you see that?

https://www.bitfinex.com/pages/stats

it was 33million last time i checked

now @ 23,728,660, and you gata imagine some smart money is opening some new longs are people get liquidated

They are buying faster than the poor bastards are being liquidated. What an adjustment.



387. Post 12178822 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

what, about 40K btc change hands there? And we are back up to Inca's bounce point.



388. Post 12178852 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: spiderbrain on August 19, 2015, 12:12:56 AM
What is happening? Can anyone explain to me?
Ignorant media articles about the XT non-fork making whales sell to start a panic and buy again cheaper to finish it. Hodlers just sit around and enjoy fresh popcorn.

No. longs on margin were liquidaded, and oddly enough the exact number of buyers were waiting.



389. Post 12183223 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: becoin on August 19, 2015, 10:52:28 AM
1BTC = 2BTC soon
After this crash XT fork is basically dead. I doubt Core devs will even discuss whatever block size increase now.

You should listen to Phill Potter on the whaleclub soundcloud. Crash was due to usual bitcoin leveraged hopium.

Please, do keep up.




390. Post 12183234 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: marcus_of_augustus on August 19, 2015, 11:57:49 AM
many don't understand that the new code in XT will be active only if 75% of the network actually runs it  
And many don't understand that the 75% is not of the network but of the mining pools. And this can be easily manipulated!

Anyway, XT altcoin fork is dead now. Block size debate was just a cover up now revealing hidden agenda to introduce among bitcoin users the XT client that is simply an IP logger and blacklist aggregator!

Well, I said this few years ago, Bitcoin is not BitTorrent, bitcoin is a financial instrument and will be heavily regulated, you can try to fight it now, but whether you like it or not, these things will eventually happen... or Bitcoin transactions will be deemed illegal and businesses will be forbidden from using it, and there the mass adoption dream vanishes in front of your eyes.

just another clueless shill for tyranny.

And you? You are just a knowledgeable shill for corporate interests. Or your own Bag.



391. Post 12183396 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.23h):

Quote from: schizoid on August 19, 2015, 12:06:58 PM
you got that wrong my friend, if the miners switch to the new client, exchanges wont have any other choice but to follow, because the old chain will be dead..
Not really, because new miners can jump in and resurrect the old chain. There was a recent case of an altcoin, I don't remember which one, which tried to hard fork but couldn't because the one exchange it traded on stubbornly refused to go along.

That might be an issue for a small network, where one player may have the power to do so, but as Phil Potter from Bitfinex said, "we will see what our competitors are doing, if there is a consensus, we will follow it'

tl;dr  This is not about taking sides, its about following the money.




392. Post 12185729 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.24h):

Quote from: xyzzy099 on August 19, 2015, 03:41:18 PM

I'm not sure that block is really an XT block.  It was mined by Slush pool, which is still creating all version 3 blocks.  That particular block has a bizarre version field for some reason.


That's true. It could be a BIP 101 block...

I don't really think it's either - the version in that block is "536870919", where the version field in a normal block (up to now) has been 1, 2, or 3.  I don't think any of the current BIP proposals or XT client creates weird versions like that, do they?  I would have expected maybe "4".  I confess that I have not looked at the XT code to see what it puts in the version field, but I would not expect what appears to be a large random number.

I think maybe the version field just got corrupted in that block somehow.


 Try looking at that number in hex, and then referring to the specs.



393. Post 12186602 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.24h):

Quote from: Kanapka on August 19, 2015, 04:57:39 PM


log everyone's IPs, blacklist and block tor?

thank to let me know, I will never use XT and will always fight it

No.
Optional
No.

If used behind a proxy it doesn't do anything.

Seriously, though, if you are going to be a core crusader you might start by checking a few of the facts first.



394. Post 12186818 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.24h):

Quote from: becoin on August 19, 2015, 06:12:35 PM
Would absolutely love for the core dev team to get on-board with bigger blocks and I'm sure most other people would too. Now that their bluff has been called, maybe we'll see them implement something.
There is no need for bigger block size. There is no need to increase the size of blocks every time we get near the limit. There is no need for free money transfers for everyone. Everything that is free for the users but not free for the manufacturers will be abused in every possible way. That is a basic rule for every economy!!! Blockchain will be cluttered with spam and bitcoin will become worthless. Everyone should get accustomed to the idea that they have to compete with higher fees to get included in a block. XT altcoin gives no solution to this at all. It just kicks the can down the road in the most irresponsible way!

So want a bitcoin only for those rich enough to be able to get their tx's on the chain? How libertarian. Such altruism.

You are a perfect fit for the blockstream dream of a bitcoin solely accessible from a private sidechain. No direct access to the non-monied proletariat. I think that is a seismic shift from satoshis original plan. How do you reconcile that?



395. Post 12187935 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.24h):

Quote from: AizenSou on August 19, 2015, 09:17:21 PM
We are going down from 280$ to 220$ in less than 10 days because two shills want to prove their might by forking bitcoin?

Okay, so now we know how little you understand the market. Thanks for sharing, partner!   Grin

Quote from: AizenSou
The answer from community is clear now, Gavin & Mike ?

Yup. 14% of nodes now and rising.  Cool



396. Post 12188077 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.24h):

Quote from: AizenSou on August 19, 2015, 09:56:00 PM
We are going down from 280$ to 220$ in less than 10 days because two shills want to prove their might by forking bitcoin?

Okay, so now we know how little you understand the market. Thanks for sharing, partner!   Grin

Quote from: AizenSou
The answer from community is clear now, Gavin & Mike ?

Yup. 14% of nodes now and rising.  Cool

LOL Gavin&Mike fanboys. I don't want to discuss about blockchain size anymore, I just look at the price, ok?
Prove me wrong otherwise GTFO.

Ok, you look at the price. But be careful not to hurt yourself,  they're a bit spikey.

Quote from: AizenSou

Btw, your 14% is mostly new nodes. Existing nodes doesn't change.

No, we're going down because investors are starting to pay attention and realize that a coin capped at 2-3 tps does not deserve a $3 billion market cap.
Scaling to 56 transaction per second by forcing doesn't magically increase the market cap either.

Nobody is forcing you to do anything.




397. Post 12190509 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.24h):

Quote from: marcus_of_augustus on August 20, 2015, 04:48:39 AM

stop with the FUD and sloganeering ... bitcoin can scale just fine without the induced...  blah blah blah.

So what yer sayin' there fella is Bitcoin can scale fine as long as we dont scale it...

Maybe you would like to sit down, perhaps have a nice cup of tea, and maybe think about that one for a while.  Roll Eyes



398. Post 12190514 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.24h):

Quote from: shmadz on August 20, 2015, 05:25:33 AM

The urgency isn't even in block size or scalability. The urgency is in fixing the goddamn decision-making process among the core devs.  You think Hearn was wrong about that?


From an objective standpoint, looking at Hearn's contributions as a whole (the database change that caused the first fork, the redlisting coins proposal, and XT in particular) I think one could come to the logical conclusion that Hearn has been compromised by the NSA or some other three letter agency, likely recruited while he was still with Google.



Oh get real. Insisting on personalising the debate is childish - just stick to the technical and practical issues that we are discussing.

And keep your ludicrous tin hat theories for you're evenings in your fallout shelter, counting your ammo and tins of spam with your militia buddies.



399. Post 12195177 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.24h):

Quote from: brg444 on August 20, 2015, 04:34:21 PM

common ground with the XT team ??  Cheesy Cheesy you haven't been following too well have you.

there is no place for common ground in XT

I think there is just no humour left in your world.

 I'd say there are plenty who dont want to hang out in the dark corners of your world.



400. Post 12197137 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.24h):

Quote from: hdbuck on August 20, 2015, 08:50:24 PM
If there is consensus right now amongst relevant actors, it's that XT is not that solution.
Depending upon the definition of relevant actors.
I seriously doubt that "we", "the community" will be regarded as most relevant.
There is no "we, the people" in business.

In general there is no "we, the people". It's just socialist propaganda.

spot on.





Core Duo....   Grin   Core2   And coming soon - Core(logduo)



401. Post 12197309 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.24h):

Quote from: poncho32 on August 20, 2015, 09:10:53 PM
Bitcoin XT is the only viable implementation of BIP 101

It is not.  Any miner can make a copy of XT and remove the patches that he objects to.  Or make a copy of Core and add only those XT patches that implement vote-triggered 8MB limit.

If you are not a miner, you (or any programmer you trust) can make a copy of Core, simply raise the size limit to 8 MB,  and start running that version any time before the fork actually happens.

I'm not sure the masses of adopters are gonna do this / or even know-care about the possibility. Vanilla XT is the intended norm.

I'm part of the Any miner people, I'll just use XT I can write a script but compiling code that's complicated stuff, I'll leave that to the developers.

There must be developers who are nothing to do with core/XT in this community who are capable of making those modifications and compiling a wallet. If some third party developers offered a third choice then more people might adopt that than the alternatives offered by core/XT. Professor Stolfi must be capable of doing the job if nobody else is prepared to do it, or capable of doing it.



There's actually nothing wrong with that. The nature of open source means that you can fork the code and change it as you wish. As long as you can get a majority to follow you that is.
Anyway, I dont think we are lacking choice here, with 2 versions of core and an unknown number of XT;s knocking about. Its consensus thats needed, and as the blockstream side have gone to great lengths to illustrate - that is not going to happen.




402. Post 12197790 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.24h):

Quote from: JorgeStolfi on August 20, 2015, 10:23:58 PM
Professor Stolfi must be capable of doing the job if nobody else is prepared to do it, or capable of doing it.

 Cheesy Grin Great joke!

That would be funny indeed.  I do have a Github account...

Please someone do it, and remove the temptation.   Cheesy

We need a suggestion list for what we put as the User Agent name.  Grin



403. Post 12197807 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.24h):

Quote from: Fatman3001 on August 20, 2015, 10:46:39 PM





 Grin  It must be getting late, i'm starting to think the chick on the right is kinda hot..... Shocked



404. Post 12215597 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.24h):

Quote from: hdbuck on August 22, 2015, 03:13:57 PM
if  Core implements the smallest block size increase, BOOM XT is history and the network will upgrade right away.
Bitcoin XT is not a thing that can go away because it's the idea that the free market is stronger than politics. The BIP Congress is gridlocked, but the market wants progress. Maybe it won't be the blocksize next time. The BIP Congress better get its shit together or some altcoin is gonna leave Bitcoin in the grease pit forever.

Free Markets is not so free. It is subject to manipulations just as any other market.

Core devs are way more qualified to weight any upgrade and especially those that so drastically changes bitcoin's fondamentales. They should not be subject to any propaganda.

Their consensus was status quo. If you dont like it please feel free to move on to some other altcoin.





405. Post 12223302 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.24h):

Quote from: brg444 on August 23, 2015, 10:47:09 PM

Stop throwing "free market" around as if it makes any sense or is relevant in that situation.


Jesus, you really are batshit crazy.  You are afraid that stakeholders might act in the best interest of Bitcoin, and not in the self interest of a private for-profit company which controls 80% of Bitcoin Core.



406. Post 12227306 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.24h):

Quote from: becoin on August 24, 2015, 11:16:50 AM
Perhaps the problem is that Bitcoin has some leadership issues.
Perhaps the problem is that Bitcoin under the leadership of government-centric Mike Hearn is the worst possible scenario for the bitcoin community?
Perhaps, but it takes quite a bit of incompetence to lose the status core has.
Core without government tools like Mike and Gavin is a much better team with much better status.

Indeed. The markets are clearly reflecting that..



407. Post 12227485 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.24h):

bitfinex back, problems not solved though by the look of things.

I'm hoping this is still glitch territory..



408. Post 12227563 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.24h):

Quote from: rebuilder on August 24, 2015, 12:43:07 PM
bitfinex back, problems not solved though by the look of things.

I'm hoping this is still glitch territory..

How so? Seems to be trading just fine?

My screen showed about 2 minutes of intense selling, down to 212, before recovering to 217. I presume that any cascade or multiple sells would have been cleared manually before the resumption, yet  that doesn't seem to be the case, so I just concluded that the same sell-sell-sell spiral was occurring.

But I'm open to correction - I haven't  been watching that close (I'm on Kracken in euros), so apologies in advance if I misinterpreted it.




409. Post 12229424 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.24h):

Quote from: hdfuck on August 24, 2015, 02:23:52 PM


hmmyea... but no.

The CEO of Intel suggested 'Moore's Law' is finally coming to an end
http://uk.businessinsider.com/intel-ceo-brian-krzanich-suggests-moores-law-is-over-2015-7?r=US&IR=T

Intel scientists find wall for Moore's Law
http://www.cnet.com/news/intel-scientists-find-wall-for-moores-law/


when you dont qualify, you stfu.


edit: bonus: The impending end of Moore's Law is not Intel's biggest problem: http://www.itworld.com/article/2949368/hardware/the-impending-end-of-moores-law-is-not-intels-biggest-problem.html

Stupid f*ckwit.  

Moores law and Storage?  hdfuck would have to go to grade school to qualify as retarded.



410. Post 12237482 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.24h):

Quote from: brg444 on August 25, 2015, 10:02:56 AM
By all accounts the actions of Mike & Gavin warrant far more suspicion than conjectures about Blockstream's influence over the block size decision.

You have your nose, I have mine...  Tongue

Seeing as Blockstream would clearly benefit from block size increase, please entertain us with your arguments.

How many times, in how many threads, does this need to be pointed out to you?

read it here again



411. Post 12260855 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.25h):

Quote from: brg444 on August 27, 2015, 07:34:55 PM

You keep spreading this falsehood. While it is not exactly wrong....


Oh dear God.

I keep trying to point out things that illustrate his ignorance, but he always beats me to it.



412. Post 12269814 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.25h):

Quote from: xyzzy099 on August 28, 2015, 05:01:32 PM
What conference and when it will be held ?

https://scalingbitcoin.org/montreal2015/


I wouldn't be holding out for a solution from that particular 150$CAD-a-head geek-in :
 
Quote
This event will not host sessions on the topic of any specific proposals involving changes to the Bitcoin protocol. Such proposals would be the topic of a 2nd, follow-on Phase 2 workshop described below; this event is intended to “set the stage” for work on and evaluation of specific proposals in the time between the workshops

Better wait for HK in December.




413. Post 12276691 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.25h):

Quote from: gentlemand on August 29, 2015, 05:23:38 PM

I don't get why something has so suddenly enchanted so many when there's zero code to actually fap over.

Its called "clutching at straws"  + miners love it!!  

Some core devs are coming out with how its such a bad idea to allow miners to vote for block size. There are other solutions - btcdreks bipxx is one, but it has a serious flaw in that it incentivizes miners to vote for smaller blocks ( for free)




414. Post 12280724 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.25h):

Quote from: oda.krell on August 30, 2015, 10:23:00 AM
It helps to think of it as a tragedy of the commons: absent of a blocksize it will eventually become in the miner's best interest to include as many transactions as possible in their blocks and consequently restricting access to governance of the network by way of bloating the blockchain.

'Yes' on the tragedy of the commons comparison at first, but 'no' if you think it through a bit more...

Only the biggest pools matter anyway, both in a vote and a self-enforced scenario I describe. Let's call them A, B, C. A vote to hard enforce scarcity will only succeed if A, B, C individually want scarcity anyway, so I'm allowed to make that assumption for my scenario as well.

Now, your objection (ToC) is valid in principle, that it is indeed in each of A, B, C's personal interest to include as much as possible contrary to the larger scarcity goal, but I point out that in this particular scenario, self governing is less likely to fail because (a) cooperation needs to be established only among a small group of actors (i.e. pool operators) that directly control the majority behavior, and are able to directly communicate with each other (as opposed to a large, amorphous population that usually underlies ToC type scenarios), and (b) because defection is publicly visible.

If, say, the two or three largest pools really want scarcity, they could try to cooperate, set a limit, and self-enforce it. (yes, free market lovers, that's a form of collusion). Blocksize is public, so cheating is possible but visible. If cooperation of the relevant majority fails (which I consider unlikely, as per the argument above), it makes sense to talk about voting processes and hard coded limits, but not before it has been established that this type of cooperation cannot be handled by individual actors.*


* Yes, that last one is an axiom of sorts, not an empirical claim. Something like, "don't solve with laws what possibly, in most cases, can be solved by individual rationality". I'd suspect most 'coiners are not entirely alien to the idea though.

What a great post. Lucid and precise. Thanks for taking the time to post it.



415. Post 12284525 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.25h):

Quote from: brg444 on August 30, 2015, 06:48:55 PM
In the outcome where the blocksize limit is lifted it doesn't matter who wants scarcity and whether or not they collaborate. As soon as the "artificial" scarcity cap is removed it enables the unlimited amount of resources competing for block creation to ignore the capacity of others and drive the creation of bigger and bigger blocks. No amount of pools or "majority" can discourage them from doing so. Their only deterrent is the orphan risk which becomes infinitely small as technology improves.

With the current limit of 1mb for the last 5 years, the vast majority of blocks averaged about 40% of this limit. Miners are incentivized to produce the tightest, efficient blocks  dependent upon tx's.  Its only in the last few months that tx'x are such that block sizes are tending to close on this limit.



416. Post 12288012 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.25h):

Quote from: Cconvert2G36 on August 31, 2015, 04:43:50 AM
9 up votes on such an idiotic comment that makes no sense.

This is internet. Trolls are new rising stars in this decade.

Bitcoin price is stuck at 225$, I think it goes down to 190-200$ again this week.
If the market indeed see bitcoin prices will stuck or down.
because the issue of Bitcoin XT is still quite influential

Don't worry, the evil XT node IP's are under UDP flood ddos attack. Should quiet those wascally wabbits down so moon launch can commence.  

https://news.ycombinator.com/item?id=10140981

I suppose the next progression is an all out syn attack on Core 0.11 implementations. But how would one identify them, as Core operates in stealth mode that makes it virtually impossible to identify nodes?

(oh silly me, its on here)
That would be fun  Grin

Combine that with an upcoming stress test, how would the network deal with it?



417. Post 12293173 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.25h):

Quote from: adamstgBit on August 31, 2015, 07:54:32 PM

who is this loser?

Nakamoto & some icy broad.

Seriously, did you need to quote it?   Embarrassed Cheesy



418. Post 12315799 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.25h):

Quote from: brg444 on September 03, 2015, 08:05:33 AM


Who wants brg444 coins?


 Huh

Did Fatman sell his account to Lambchop or something?

Why?? Do you think that pointing you out as a fool should be a monopolized industry as well  Huh




419. Post 12316196 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.25h):

Quote from: brg444 on September 03, 2015, 08:45:29 AM

Why?? Do you think that pointing you out as a fool should be a monopolized industry as well  Huh

"Speak of the devil...."

Just sayin', dude.  So far you have argued that the definition of cash is 'wrong' and that satoshi got bitcoin wrong day one.

You think everyone is wrong, and you constantly support this by suggesting that we should all just 'educate' ourselves.

But in reality, all you have is your version of what you believe to be true.  Your 'truth' is that bitcoin is fundamentally broken, and the only way to fix it is by going off-chain. And to make that more profitable in the short term, you need a fee market to drive traffic to it - ergo SmallBlocks. Which is fine. But it is flawed.

I contend that:
1. Bitcoin isn't broken.  Its evolving - everything is on the table. There is no 'single' solution.
2. Its utility value far outweighs your ludicrous need to have it solely as a 'store of value'
3. Off-chain solutions provide an invaluable aid to scaling bitcoin, but they must compete on a level playing field with on-chain transactions.
4. Any solution that depends on artificially throttling capacity is flawed.



420. Post 12316352 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.25h):

Quote from: brg444 on September 03, 2015, 09:50:09 AM

Are you cypherdoc's brother by any chance? This sounds like some of the stupid shit he'd say to hopelessly defend his points.


It must be 4am where you are. You should get some sleep. You are starting to blub.



421. Post 12329941 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.25h):

Quote from: billyjoeallen on September 04, 2015, 05:29:25 PM
How big of a deal is it if we go red again on weekly MACD?

Big deal for the $23 million in longs awaiting anxiously.  Roll Eyes

23.782 million, but who's counting?

Edit: 23.825 MM

I'm thinking that, despite the blocksize debate, or perhaps in spite of it, long is probably the way to go...

If we didn't get cheep coinz last week then it isn't going to happen.

common sense should prevail  Cheesy



422. Post 12395566 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.26h):

Quote from: Fatman3001 on September 11, 2015, 10:22:04 PM

Many consumers have exclaimed they will leave Bitcoin to go to an altcoin which suits their "needs" if they don't get their way in Bitcoin being perverted into a system to compete with Visa. What they don't realize is the consequences they will face if they choose this option.




full article: http://qntra.net/2015/09/consumers-begin-revolting-bitcoin-is-not-visa/

And what are the consequences?


Please don't tell me you are questioning the edicts of our favorite Romanian gypsy?




423. Post 12407341 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.26h):

Quote from: RenegadeMan on September 13, 2015, 10:03:09 AM

....
My point though is he appears to have many people quite riled up and that's unfortunate. His points simply need to be deconstructed and the flaws pointed out. But if it's a waste of time doing that (and I haven't been in this thread for more than a few months) then probably best to just let him post and not respond.

Either way I don't find his posts to be trollish in their nature (but maybe his "graciousness" is hiding a whole other agenda I'm not aware of) and I appreciate he's expressing his view and that's perfectly okay.

I agree. The only ones who get really riled up by Jorge are the guys who believe that bitcoin will *somehow* make them incredibly wealthy, but who cannot quite understand the mechanics of how it will happen. When anyone pokes wholes in that balloon, they fight back angrier than a bag full of cats.

But I've always found his posts interesting, if perhaps following a set narative. Jorg feel bitcoin will fail because of inherent flaws in its design.

 I, on the other hand, feel it just might succeed in spite of them!  Cheesy



424. Post 12410263 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.26h):

Quote from: greenlion on September 13, 2015, 03:41:32 PM
Economists have know for 500 years that a currency must have some inflation, otherwise people will hoard it and it will not be available for use as a currency.

What economists advocated this position in 1515?

I've never come across these scholars in my actual academic work, or even the notion of economics as a discipline per se existing at that time,  so whatever you've discovered must be truly groundbreaking.

500 years? Try 2000 years - have a look at Diocletian controls over inflationary debasement of specie in the roman empire.  Not quite the same thing, but this has been an issue for a bit.

In a more contemporary context

2000 years and the fuckers still can't get it right.



425. Post 12432788 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.26h):

Quote from: JayJuanGee on September 15, 2015, 11:04:23 PM


Yeah, right!!!


Does this really mean anything for Bitcoin?  They are creating a competing platform to have a private blockchain, but surely that blockchain is going to be centralized and secretive... .and then in the end, to what extent would it incorporate bitcoin's infrastructure at all?  

The main thrust of a similar project that i'm aware of is that it would be decentralized between the participating banks - they would all carry out verifiable POW activity (mining)  which will secure the network for all participants. There would be an initial release of tokens, after which no more would be created (absent a need to expand the network) Transaction fee's would be a form of demurrage, creating an internal market for the tokens among the participants.  But the tokens would not be a currency in themselves - they would simply represent a real world asset, be it currency, trade finance, bonds, shares, etc. Banks would effectively settle among themselves with the same token, over and over again.

It would have zero impact on bitcoin. It would more than likely be employed over a leased line network similar to SWIFT, but there is no reason why it couldn't use the public internet at some point. I cant see how it could use the same Blockcain as bitcoin - there is no technical need for them to do so.



426. Post 12433166 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.26h):

Quote from: JayJuanGee on September 15, 2015, 11:56:28 PM


Yeah, right!!!


Does this really mean anything for Bitcoin?  They are creating a competing platform to have a private blockchain, but surely that blockchain is going to be centralized and secretive... .and then in the end, to what extent would it incorporate bitcoin's infrastructure at all?  

The main thrust of a similar project that i'm aware of is that it would be decentralized between the participating banks - they would all carry out verifiable POW activity (mining)  which will secure the network for all participants. There would be an initial release of tokens, after which no more would be created (absent a need to expand the network) Transaction fee's would be a form of demurrage, creating an internal market for the tokens among the participants.  But the tokens would not be a currency in themselves - they would simply represent a real world asset, be it currency, trade finance, bonds, shares, etc. Banks would effectively settle among themselves with the same token, over and over again.

It would have zero impact on bitcoin. It would more than likely be employed over a leased line network similar to SWIFT, but there is no reason why it couldn't use the public internet at some point. I cant see how it could use the same Blockcain as bitcoin - there is no technical need for them to do so.


Your further explanation doesn't really contradict anything that I said in my earlier post.   Admittedly, you seem to be much more informed about the details than me, yet the whole concept seems to have quite a bit of  variability in how it could develop and then be implemented.

So,  even though money may NOT be a central concern of big banks, yet I could envision scenarios in which some of them may want to build some kind of private system, but to incorporate the bitcoin infrastructure in order to save money on computing power and security issues, meanwhile retaining some control over the extent to which they use the bitcoin blockchain infrastructure to achieve their private money moving objectives  - in that regard, rather than reinventing the wheel to take advantage of some of the wheel that already exists.

Because I was agreeing with your post. :-) 

I think you are right, Banks will have some interaction with the bitcoin blockchain, especially if adoption improves and they find that more of their customers use it, then they will have to integrate it into their systems. But I think their interest in Blockchain tech, for now, could easily exist independent of bitcoin.



427. Post 12438413 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.26h):

Quote from: dragonseer on September 16, 2015, 02:09:05 PM

I don't think you're being fair. Yes you are doing something by putting a little money into Bitcoin here and there. You are supporting Bitcoin because you want a better monetary system that isn't based on debt, and isn't confined by borders.  When times are lean then it makes sense to stash something valuable away, until it becomes worth more. When the value appreciates again, Bitcoin holders can use their increased purchasing power to support businesses that embrace crypto, rather than cash out. That's what 'many around here' are waiting to do I'm sure.

Buying a bitcoin and doing absolutely nothing with it for 10 years is about as useless to the bitcoin ecosystem as completely ignoring it.

You dont support bitcoin by wanting a "monetary system that isn't based on debt, and isn't confined by borders" .. thats called dreaming. You can support bitcoin by actively seeking out ways that you can integrate bitcoin in your daily life, and maybe provide services to others using bitcoin.

Also, when times are lean, the LAST thing you should be doing is putting what little money you have into a highly speculative and risky 'investment' like bitcoin.  If you can afford to spare it or loose it, then go ahead.

And you certainly dont want to get involved in the latest shitcoin IPO, thats for certain.  Wink




428. Post 12442789 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.26h):

Quote from: brg444 on September 16, 2015, 09:46:10 PM

I don't think you're being fair. Yes you are doing something by putting a little money into Bitcoin here and there. You are supporting Bitcoin because you want a better monetary system that isn't based on debt, and isn't confined by borders.  When times are lean then it makes sense to stash something valuable away, until it becomes worth more. When the value appreciates again, Bitcoin holders can use their increased purchasing power to support businesses that embrace crypto, rather than cash out. That's what 'many around here' are waiting to do I'm sure.

Buying a bitcoin and doing absolutely nothing with it for 10 years is about as useless to the bitcoin ecosystem as completely ignoring it.

You dont support bitcoin by wanting a "monetary system that isn't based on debt, and isn't confined by borders" .. thats called dreaming. You can support bitcoin by actively seeking out ways that you can integrate bitcoin in your daily life, and maybe provide services to others using bitcoin.

Quite a twisted and erroneous view of economics.

Holders are the ones giving value to the coins.  


Its whether or not the next person wants to buy your coin, and for how much, is what gives them value. Not the holder.
If there is no utility, no infrastructure and no potential then there is no market.



429. Post 12459158 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.26h):

Quote from: JorgeStolfi on September 18, 2015, 02:14:21 PM
Bitcoin expert on Bloomberg:  Increasing the block size limit will increase the supply of bitcoins and cause the price to fall, by the law of supply and demand.  

Oh, and in matters of bitcoin should trust only the opinion of people with Ph. D.  

Well, I can agree with that part.  Grin

Wow. SO much waffling in 4 minutes, all the time failing to make a single point regarding the substantive issue...

Bullish!   Cheesy






430. Post 12466798 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.26h):

Quote from: cbeast on September 19, 2015, 04:06:19 PM
It looks like this forum is dead. Reddit is also dead. Where did everyone go?

Rugby is on. What else?  Grin



431. Post 12476643 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.26h):

Quote from: Globb0 on September 20, 2015, 09:13:48 PM
It looks like this forum is dead. Reddit is also dead. Where did everyone go?
If the people havent profit... forum havent people

Does this mean I'm mental?



We all are.  Cool



432. Post 12486403 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.26h):

Quote from: gentlemand on September 21, 2015, 09:59:09 PM

lol, but I mean it the VCs that were stupid enough to back this shit deserve everything that's coming.

Holy fucking shit it's a rasberry pi with a 3d printed case.


I assume there's something a little slicker in the works, or I hope so for their sake. Something that looks like that could be knocked up by a couple of  hostile nerds in their high school lab in an afternoon or two

The toaster idea looks almost rational beside this.

almost



433. Post 13310105 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.38h):



Did I  miss anything?  Has the scaling crap been resolved? Are we at 3200 yet?  Grin



434. Post 13326139 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.38h):

Quote from: billyjoeallen on December 22, 2015, 12:52:17 AM
From my understanding, there is going to be an intentional wait until blocks are full before there will be any increase in capacity so the fee market can develop.

That was Blockstreams game plan from day one.

Its why there  was such vehement  opposition to big blocks, despite it being a relatively minor change. Yet the latest proposals put forward by core will make unprecedented changes to the way bitcoin works, with the added 'bonus' of allowing bigger blocks ( and ...whisper... will finally allow LN/Elements to actually work!!)

The only good thing in this debate is watching trolls like hdbuck and brg444 running around unsure of whether to sh*t or to fart and basically tear into one another.

I'd get the popcorn out just for that.   Grin



435. Post 13331167 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: fisheater22 on December 22, 2015, 11:11:23 PM

...and write accordingly. Out of curiosity, how do you picture yourself when you post?




436. Post 13331655 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: Fatman3001 on December 23, 2015, 12:26:03 AM


Which one?

BIP100, BIP102 or BIP202?





437. Post 13338343 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: BldSwtTrs on December 23, 2015, 03:17:25 PM

The definition of the Oxford dictionnary is Marxist

I'm sorry, but the "Stupidest thing I read on the internet today" award goes to you.   Wink



438. Post 13338354 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: Richy_T on December 23, 2015, 05:05:21 PM
(sorry, saw "The Force Awakens" last night)

how did you like it?

I thought it was definitely good and in the spirit of the original 3. I did feel it largely did it by reusing the same formula though. It was a bit light-weight but the next ones could be interesting.

I kinda wanted to see it in imax but the only one I could find in range was only doing imax 3d so I just went local.

Those final scenes are breathtaking on Imax.



439. Post 13338439 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

100m transactions coming up and we still dont need bigger blocks....




440. Post 13340060 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: BlindMayorBitcorn on December 23, 2015, 07:03:37 PM
Owners of Bit-Coin unveil their solution to effectively persuade all butters to use their more expensive and cumbersome vaporware product

The Professor finally has the last laugh.  Sad

He got this right:

Quote
What the LN guys are trying to do is to invent banking as it might have been first imagined 4000 years ago

ha!  Cheesy



441. Post 13340456 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: BlindMayorBitcorn on December 23, 2015, 09:30:55 PM

He got this right:

Quote
What the LN guys are trying to do is to invent banking as it might have been first imagined 4000 years ago

ha!  Cheesy

I have to admit to being fully and completely disillusioned by this.  Embarrassed

Or it could stiffen your resolve to not allow bitcoin be hijacked like this.   Cool

The so-called 'core' dev team is coming up with ever more ludicrously convoluted solutions to problems we dont yet have, while vehemently denying a problem that we do have which can be solved with a change to a single #define in the code.  Its getting a bit scary.



442. Post 13341766 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: marcus_of_augustus on December 24, 2015, 12:35:11 AM
sheesh ... trolls don't even get christmas off? ... you guys need to be paid more.

Hey Marcus, Tell me something....

Is SW really simple but hard to explain, or something really complex but simple to explain?  Huh



443. Post 13341924 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: adamstgBit on December 24, 2015, 01:18:34 AM
BUY BUY BUY!!!!!
http://www.coindesk.com/french-right-wing-reps-seek-bitcoin-control-powers-european-parliament/

French nazis hate Bitcoin - Bullish!!   Cheesy



444. Post 13342068 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Happy Christmas to all, and to $3200 in 2016!!




445. Post 13342087 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: hmmkay on December 24, 2015, 01:50:18 AM


*BlockchainTM Technology is a registered trademark and property of the Blockstream corporation. Fuck you.



Hello, new signature!



446. Post 13342093 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: BlindMayorBitcorn on December 24, 2015, 01:58:11 AM
Can I buy shares of Blockstream with Bitcoins? Undecided

They only accept Freicoins. Or Namecoins.  

Or any altcoin associated with or developed by their founders...    Wink



447. Post 13347485 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: Cconvert2G36 on December 24, 2015, 06:19:42 AM
http://hackingdistributed.com/2015/12/23/bitcoin-fee-market/

Quote
I do not have experience with my old age. I do not go around artificially inducing osteoporosis [2] to get ready for my old days -- instead, I make the best of my working days when I'm blessed to have a working skeleton.

 Cheesy

Did you read the first comment on that? Classic. Maaku chooses to hear only what he wants to hear...

Quote from: MarkFriedman
Developing the fee market is not about rising fees..

Developing the fee market is about providing mechanisms for succinctly getting a feel of current fee rates, being able to provide updated fees in response to changing conditions or outdated info, and otherwise making sure that user experience regarding fees is as simple as possible.

So its not about raising the fee after all. Are you sure Mark? I mean, really, Are you telling us that?  Grin

He is using the same weasel language ("Developing the market") when he simply means "getting higher prices"



448. Post 13348873 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: adamstgBit on December 24, 2015, 07:42:26 PM
back to 333!
And a jolly Bah, Humbug to you too sir!  Grin



449. Post 13374391 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: hdbuck on December 27, 2015, 08:51:16 PM
I don't have massively strong feelings about XT or Coinbase but the github thread regarding removing Coinbase from bitcoin.org makes for truly loathsome reading. 'We definitely need to coerce Coinbase into switching back to Bitcoin Core' and proposing making their fees 4x higher. Nice 'consensus' you pathetic little shits.

enough with the whining gimmick.

bitcoin will not adapt to your retard lifestyle.

you choose to use bitcoin... or you dont.

see? you have a choice!

Worst. Troll. Ever.

MP is really scraping the bottom of the barrel with you. You make iCBREAKER seem like Kofi Annan by comparion.



450. Post 13379303 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: Fatman3001 on December 28, 2015, 12:05:32 PM
Good thing. I see now that price is not drop anymore (2 days ago support of 410$ was reached) Smiley Any prevision about the next days?

I've been shouting about a huge cup & handle for quite some time, but none of the TA people seem to agree. It looks artificial, but that normally doesn't seem to matter to TA nerds.

Christmas profits for October to December have been taken - expect it to bounce along in the 405-430 for a few weeks until the the next messiah/scandal event hits.



451. Post 13382328 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: pinger on December 28, 2015, 01:01:40 PM

You mean about the decred, bitcoin unlimited, Bitcoin XT?  and we don't know nothing more yet. This is going to hurt the price again, expect 300 $ in not so much time.

I think 'opt-out' RBF as opposed to FSS-RBF in 0.12 could be the next f*ck up, since its no longer optional. Since most upgrade with the default options set, I feel that could be the next popcorn moment.

The blocksize debate wont cause any change in price on its own, its been rumbling on this long without any changes. However, that could change if, god forbid, we see increased adoption and fuller blocks.



452. Post 13382347 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: niktitan132 on December 28, 2015, 06:46:35 PM
January 4th we'll start moving up again. You will all see.

Chinese return to buying spree after new years holidays?

Have you not been reading the news? The Chinese economy is a basket case. They don't have money to buy anything.

Oh yes they do. The Chinese are rich.

They are not really. The vast majority stitch nike runners and assemble iphones for minimum wage.



453. Post 13383131 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: GreekGeek on December 28, 2015, 08:20:04 PM
no moon-rockets and trains untill 2016 if you ask me...    Cry Cry Cry

Only 3 days so!! Wahoo!!   Cheesy



454. Post 13384627 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: Fatman3001 on December 28, 2015, 11:23:01 PM


Did he wrong you? Go talk to Aztec. You could start a club write a book.

ftfy



455. Post 13390569 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: r0ach on December 29, 2015, 03:41:59 PM

You're a Marxist-collectivist and use the normal leftist tactic of trying to force your ideology onto everyone then claiming they're a "bad person", "racist", "sexist", blah blah if they don't want to join your collectivist nightmare that's already resulted in the deaths of millions from your last Bolshevik revolution.

Nobody wants to join your SJW bullshit that demonizes males, anyone who isn't poor, white people, etc, the usual common targets.  You have a mental disorder called far leftism where you were dumped into too many trashcans by stronger kids while growing up, so now you can only relate to people deemed underdogs by society and shun anything considered strong or normal.  It's a mental disorder plain and simple.  Stop trying to pretend you're normal and people should adhere to your disorder.

I find it heart warming that, despite its issues, Bitcoin continues to display an almost infinite capacity to draw loonies of every flavour and colour to its bosom.

Welcome, dear friend, welcome to the madness....   Cool



456. Post 13392243 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: jbreher on December 29, 2015, 07:22:32 PM

Interestingly, both that thread and this one independently went bat-shit-crazy over the last 48 hours. Are we all really that bored with the market?

Different threads, different scales on the bat-shit-crazy-o-meter.  Shocked



457. Post 13394467 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: brg444 on December 30, 2015, 12:23:35 AM
Bitcoin is not about community, it is about money.

+1

Romanian Gypsy turds usually roll around in threesomes, where's icebreaker?   Grin




458. Post 13394496 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: AlexGR on December 30, 2015, 12:13:48 AM
Meanwhile BankAmericoin, Applecoin, FBcoin and others are going to roll out their products and the first mover advantage will be squandered.

You seem to be missing the point of why we are here.

BTC is not first mover in the ...centralized payment systems or centralized currencies space. The systems you mention, if they are ever created, will compete with visa, paypal, etc: Centralized stuff.

Good point. Remember that bitcoin is actual value - all the others are just intermediaries for fiat. Paypal and Apple and the others never touch a red cent - they are just notification layers.



459. Post 13394706 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: hdbuck on December 30, 2015, 12:58:15 AM
Meanwhile BankAmericoin, Applecoin, FBcoin and others are going to roll out their products and the first mover advantage will be squandered.

You seem to be missing the point of why we are here.

BTC is not first mover in the ...centralized payment systems or centralized currencies space. The systems you mention, if they are ever created, will compete with visa, paypal, etc: Centralized stuff.

Good point. Remember that bitcoin is actual value - all the others are just intermediaries for fiat. Paypal and Apple and the others never touch a red cent - they are just notification layers.

What? Bitcoin is not a startup?! Cry

I'm sure that was profound in french.



460. Post 13397142 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: JayJuanGee on December 30, 2015, 03:46:10 AM

Yes... it's confirmed to be happening in BJA's head.

Honest injun. Cry Cry Cry

Okay, I'll bite.

What part of the analogy dont you like, or feel is less than accurate?



461. Post 13402769 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: JayJuanGee on December 30, 2015, 05:24:35 PM

Yes... it's confirmed to be happening in BJA's head.

Honest injun. Cry Cry Cry

Okay, I'll bite.

What part of the analogy dont you like, or feel is less than accurate?


Frequently, libertarians, such as BJA, become very prejudgemental about group action and the motives of persons in authority, such as representatives or government authorities. 

Therefore, these libertarians paint a picture, not as artfully done as Animal Farm, regarding bad motives of government officials.  Sure there may be some truth to those kinds of bad motives playing out and developing in some situations, but bad motives and biases and self-dealings are not a given - except, I do understand that many countries, including the USA, need to figure out ways to lessen the influence of money in politics (and yes, there is a bit of an inexactness in suggesting the blockchain is governmental in the same way that politics is governmental. 

I am not taking any side for or against bigger blocks - well actually, it does seem that at some point in the near future, we are going to need to have bigger blocks... and even a plan going forward regarding bigger blocks without constant back and forth. 

To me, it seems that I am just a bit more comfortable and tollerant with allowing the back and forth process to  play itself out without getting so worked up about it and accusing bad motives of others, rather than painting every scenario as doom and gloom or continuing to assert that the sky is falling, when that surely is not the case.

What you need is a sense of humour. A sense of humour allows you to see things from both perspectives, because thats what jokes essentially are - regular stories which at some point suddenly change direction. Without it you will continue to see things from a fundamentalist perspective, and that it certainly no fun.

A sense of humour would allow you to see the intelligence of his post, but still retain your own belief.




462. Post 13402820 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: TheGayOne on December 30, 2015, 07:49:24 PM
We've all fallen short of the Glory of God.

Indeed.   Cool



463. Post 13409877 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: r0ach on December 31, 2015, 02:26:49 PM
I'm still not sure which team to support. "big blockers" or "small blockers".

Still waiting on the team mascots to decide which is better.

Don't bother, this whole argument is just a sham after all...

http://qntra.net/2015/12/the-false-dilemma-of-xt-versus-blockstream/


So I read that and it has lots of words but basically says nothing.  It claims some type of Alex Jones' style "false left/right paradigm", then doesn't even describe a legit pathway forward or how each side is blocking that from occurring.  IMO, Bitcoin will need to scale to at least 8-10MB blocks even with a Lightning Network because the masses have to retain access to the main chain for it to function.

Its an irrelevant  op-ed from someone who now finds himself in a no-mans-land of trying to defend a position (do nothing) that nobody is interested in.



464. Post 13409978 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: flagpara on December 31, 2015, 02:51:25 PM

Free market would have the same consequences in btc than in real life currency.

Real life currencies don't operate in a free market - they are heavily manipulated. And that has been the cause of most of its problems.

If central banks had stuck to their original premise of being a safety net, instead of a 'guiding hand', things might have been better...  Wink




465. Post 13410893 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: brg444 on December 31, 2015, 04:23:02 PM
So, the facebook generation or the twitteraty or similar starts using Litecoin, taking with them massive liquidity and a market cap 10 times (or more) that of Bitcoin. Why would you buy a car with Bitcoin instead of Litecoin? Why would you transfer 50 million USD from the US to China using Bitcoin rather than Litecoin?

 Roll Eyes

The poor generation somehow is going to lead the way for a coin to grow 10x the size of Bitcoin.


There's strength in numbers. The common dross may be distasteful to you, but they do have volume.



466. Post 13411067 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: brg444 on December 31, 2015, 04:53:41 PM
So, the facebook generation or the twitteraty or similar starts using Litecoin, taking with them massive liquidity and a market cap 10 times (or more) that of Bitcoin. Why would you buy a car with Bitcoin instead of Litecoin? Why would you transfer 50 million USD from the US to China using Bitcoin rather than Litecoin?

 Roll Eyes

The poor generation somehow is going to lead the way for a coin to grow 10x the size of Bitcoin.


There's strength in numbers. The common dross may be distasteful to you, but they do have volume.





So you are now saying that the number of transactions you do is directly proportional to your net worth?

You are quite mad.



467. Post 13412085 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: Fatman3001 on December 31, 2015, 07:05:37 PM


Liking your new look there, Richy.

+1.  Enjoying the onscreen evolution too!  Cheesy



468. Post 13413538 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

7 mins to 2016 (GMT anyway) Champagne at the ready...

Happy new year to all, may 2016 be a prosperous one for you.



469. Post 13422642 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: Cconvert2G36 on January 02, 2016, 02:17:36 AM
In a stunning display of courage, and with an unwavering commitment to the forging of the truth in the crucible of the dialectical method... Our friend, and highly qualified mentor, has graciously offered to continue the debate of these important ideas rather than retreat like a coward to the wizard's irc clubhouse.

Like those who have not #ragequit under adversity before... may his example continue to inspire us in our efforts to fully realize the potential of this bottom-up, community driven effort towards changing the world through a fully decentralized, dialup and raspberryPi compatible, layer 1 settlement network.

This, gentlemen is the curtain call.

Waaah!  Waaah!   Waaah!   Waaah!   Waaah!   Waaah!

Long live Bitcoin!


That was quite a moment. I'm guessing that New Year alcohol consumption was responsible for the odd behaviour of brg444 over the last 24h.

edit:  And the parody renamed thread here was censored almost immediately and moved off to the altcoin section.



470. Post 13426661 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: conspirosphere.tk on January 02, 2016, 02:03:01 PM
economic retardation

That's the pathology of (supposedly honest) blockchain bloaters. Refusing to see that increasing the blocksize without providing incentives to dissuade destructive behaviors (from spam attacks to gratuitous crap) is both pointless and suicidal.

Nonsense.  

1.  Are you going to define and provide cut off points for what constitutes "gratuitous crap"?  Someone who is legitimately  sending 1000 tx today at the average per kb fee, does this become spam if they fail to meet your new fee targets?

2. Please use the more accurate term "charge higher fees" instead of "dissuade". Because that is all you are doing.

3. Miners are currently incentivized to produce the smallest blocks possible with respect to the transaction volume.

4. Letting the Political Bureau of the Central Committee of the Core Devs of Blockstream decide the issue, rather than the market itself seems a strange thing to do in what is supposed to a decentralized anti-fragile ecosystem such as Bitcoin.



471. Post 13427109 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: conspirosphere.tk on January 02, 2016, 03:26:16 PM


1. No, until he keeps paying fees high enough to let his tx included, given the traffic of the moment. Which means: at the rising of demand (blocks getting full), tx fees have to go up, because TANSTAAFL.

2. of course. For the very retarded I might use that.

3. and making them bigger they are incentivized to mine empty blocks.

4 on the market value has a price. and free shit is still shit.  I don't care at all about Blockstream and whatever, until the hard core remains hard.

If there were ever a 4 Step Plan to eradicate bitcoin, then this would be it. Congratulations, bankster!  Grin

Regarding point 3 - How does that incentive work, and why isnt it happening now?

 



472. Post 13428987 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: Richy_T on January 02, 2016, 06:44:24 PM

In theory, empty blocks *could* be valid but in practice, I think it's fair to say that 100% are from early mining empty blocks (which is a valid miner activity according to the rules but skews calculations and causes the difficulty higher than it should be, causing a lower tps availability)

No, that must be wrong!! According to well known crypto-expert conspiro that can only happen if smelly big blockers get their way!!

Quote from: conspirosphere.tk
3. and making them bigger they are incentivized to mine empty blocks.



473. Post 13429397 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: jbreher on January 02, 2016, 07:50:30 PM
I'm going to stop including 1 transaction blocks in the full-block calculations though. There were three out of six (all F2Pool) when I looked yesterday. That's skewing things way down.

If the current formula accurately reflects the percentage of total potential used block space that had actually been filled, I would advocate no change. To do otherwise turns it into a meaningless statistic. Better to have the simple unvarnished truth, rather than some manipulated figure meant to illuminate some vague outcome.

+1  The existence of empty blocks is more a result of the gaming inherent in bitcoin than any explicit aim on the part of miners. As Richy said, empty blocks are allowed, but they will only succeed where no better block is found in the interim. A chain with a non empty block at its tip will always have more work than one with an empty block.  A chain with the most valid work is by definition the longest chain. But if the fuller block isnt found quickly enough, the empty one will be built upon next.

So I see no issue with including them.



474. Post 13438248 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: BlindMayorBitcorn on January 03, 2016, 06:18:16 PM
Toxic. Sad

Anyone archive the responses? ( they've been deleted by the posters)



475. Post 13438263 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.39h):

Quote from: Cconvert2G36 on January 03, 2016, 02:08:19 AM

Adam Back's thread just turned good: https://bitcointalk.org/index.php?topic=1312371.msg13431477#msg13431477

Such integrity. Such wisdom. Such constructive criticism.

Small blockers are so edgy and cool. I bet they smoke behind the bike sheds at lunchtime too.

Watch out gentlemand, Richy_T's gunning for your comedy crown.  Cheesy

Calm, rational discussion punctuated by tourettes outbursts like that... a winning strategy for the "1MB4EVA socioeconomic majority".

I thought that was a great moment - he is clearly becoming more marginalised, even by his own side.  His view is no longer relevant to a lot of the core devs.

In what was a fairly reasonable discussion, he just comes across as the lunatic fringe.



476. Post 13448799 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: coinzat on January 04, 2016, 09:24:47 PM

all images in the posts of this bot today is not working with me, someone fix it ?

Quote
bitcointalk.org image proxy: invalid image



Richie has been experimenting with the script - looks like he has inadvertently used an incorrectly nested \[img\] tag in the image url



477. Post 13454954 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: Elwar on January 05, 2016, 01:34:16 PM
As a non American not following American election cause I don't really give a fuck about your country (no offense though, you can't care about everything) I don't really understand your point. Could you explain?

Obama is anti-gun. Smith & Wessen is a gun manufacturer.

People are scrambling to buy guys while they still can.

Ah, OK. I thought Smith & Wesson might have run a chain of trailer parks, in which case the chart made sense too.   Cheesy






478. Post 13463210 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: lottery248 on January 06, 2016, 09:09:35 AM

bitcoin isn't gonna down deeper unless there are some of the major bugs in bitcoin.


Wait for the first roll-out of RBF. Not bugs per se, but new, unique gaming opportunities for the clever scriptwriters.

Mind you, they are in such a panic to rush this through, I'm sure there will be some fun bugs too.

RBF could be the 'killer-app' that the alternative clients need to gain traction. With less than 40% on the last core update, it will be interesting to see how many bother.



479. Post 13466906 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: jl2012 on January 06, 2016, 02:23:30 PM

bitcoin isn't gonna down deeper unless there are some of the major bugs in bitcoin.


Wait for the first roll-out of RBF. Not bugs per se, but new, unique gaming opportunities for the clever scriptwriters.

Mind you, they are in such a panic to rush this through, I'm sure there will be some fun bugs too.

RBF could be the 'killer-app' that the alternative clients need to gain traction. With less than 40% on the last core update, it will be interesting to see how many bother.

RBF seems to be a necessary ingredient for LN. Can anybody explain how?

No, LN does not need RBF. LN only needs BIP68, 112, and segregated witness

That is not quite accurate.

RBF buys time for LN - by accelerating the development of the so-called 'fee market' (meaning higher fees) and keeping blocks as small aspossible -hoping that the 1MB limit wont be an issue until LN is in place, at which point the limit wont matter because the alternative off-chain solution tm is in place.

It a business decision, not a technical one. There is a poorer business case for LN where cheaper space is available in the block.

(source:   here. )



480. Post 13467169 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: BlindMayorBitcorn on January 06, 2016, 05:36:52 PM
Why postpone the inevitable with RBP? It’s so convoluted. The authors of the LN whitepaper have said eventually it will need bigger blocks anyway.

I'm sure I'm missing something...

It boils down to Core wanting larger blocks - but only on their terms ( where LN is functional)

Bigger blocks on anyone else terms ( the present users) is a no-no. Contentious hard fork, ddos, etc.

When LN is ready, Im sure we will be told that a hard fork wont be so bad.

4 legs good, 2 legs better....



481. Post 13469192 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: bitebits on January 06, 2016, 09:29:15 PM
Wall of text in the Wall Observer thread

Some feedback. I like you posting, but please make use of paragraphs. Otherwise nobody will actually bother to read, it hurts the eyes.




482. Post 13469204 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: BlindMayorBitcorn on January 06, 2016, 09:30:56 PM

 Grin Grin

tsk tsk. No punctuation.  No paragraphs.  Roll Eyes



483. Post 13477909 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: Fatman3001 on January 07, 2016, 05:08:27 PM
If anybody has an opinion about RBF they’re itching to share: https://bitcointalk.org/index.php?topic=1317681.msg13475465#msg13475465

I’m still thinking.


Just no. Angry

https://medium.com/@octskyward/replace-by-fee-43edd9a1dd6d#.asn8rqiex

Repeating past statements, it is acknowledged that Peter’s scorched
earth replace-by-fee proposal is aptly named, and would be widely
anti-social on the current network
—Jeff Garzik
 
RBF is irrational and harmful to Bitcoin.
 — Charlie Lee, engineering manager at Coinbase

Replace-by-fee is a bad idea.
 — Gavin Andresen

I agree with Mike & Jeff. Blowing up 0-confirm transactions is vandalism.
— Adam Back (a founder of Blockstream)

?

Three of those guys can just stop it from happening if it's so bad.

Unless Peter is remarkably good at sucking dick I don't see how this is an issue.

He must be able to suck a golf ball through 10 meters of garden hose, coz this is going into 0.12 (afaict) and the rc's for 0.12 are out already.



484. Post 13477957 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Hold on tight to your knickers folks, this could go even wilder in the next few hours.

Chinese officials have said they will no longer stop the market after it opens in the morning.

Interesting times... ( mind you, they have lied in the past, but even so, hold on...)



485. Post 13480329 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: unununium on January 07, 2016, 11:32:56 PM
Where are the bears?

bears be watchin....  Cool



486. Post 13480417 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: gentlemand on January 07, 2016, 11:11:24 PM

Hey, how come nobody's talkin' 'bout this?

https://bitcoin.org/en/bitcoin-core/2016-01-07-statement

It's like you all just up and forgot how to appreciate Blockstream!

What is there to talk about? We must yield to them no matter what occurs. Bring this up again and we'll be forced to send you away for reeducation.

I love how ruling elites always find ways to abuse language to control the lower classes. Long held mantra are subtly changed as the propagandistic needs of the leadership changes.

Quote from: satoshi
electronic cash that allows online payments to be sent directly from one party to another

Becomes:

Quote from: Core
We believe Bitcoin can accomplish this by providing the foundation for additional layers on top of the protocol and interfaces with other systems

So the direct peer to peer network is soon to be only the foundation (carrier) for something else.



487. Post 13491148 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: Cconvert2G36 on January 09, 2016, 12:27:47 AM
-snip-
I should have just read the tag line.




Reads quite a bit like sour grapes ... didn't get the invite to the big table? ... lost a little money on some half-baked start-up ideas? ... don't really understand the tech. as well as you thought?

Don't feel bad, Open Source is a difficult minefield to navigate commercially. Open Source money is guaranteed to leave no-one unscathed coming out the other side.

Now that we're focused on the messenger, any other guesses as to my motivations? This is fun.

I've had a policy of trust no one in cryptoland, it's worked out quite nicely for me so far. My questions WRT the motivations of Blockstream's investors, their employees, and the "reference" client they control... are very much in keeping with this policy.  Smiley



Especially those who explicitly tell you to "trust us"



488. Post 13495710 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: UnDerDoG81 on January 09, 2016, 12:25:34 PM

The problem with daytrading is, as I live in Germany (and understood it correctly), I have to pay 30% taxes with every cashout. Only when I hold longer than 1 year, then there are no taxes. And hell I donīt give them dicks $1 of taxes. I invest and risk my money and if I lose it they donīt care. But when I make profits, they want 30%. Fuck them.


You *should* be able to offset any losses incurred in the last 3 years against your gains. Its just that few people crystalise losses by cashing out on a bad trade. But if you can get it tax free after hodling for 12 months, then you are doing pretty good. Not many tax regimes in Europe are that generous.  Cheesy




489. Post 13496332 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: CuntFabulous on January 09, 2016, 02:31:28 PM


that bottom pic was just to horrific   

Yeah, and then there are those who aren't enthralled by Fistula.
https://youtu.be/Wvr6N7PNszc

Courtney Love has really let herself go.



490. Post 13507759 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: AlexGR on January 10, 2016, 03:23:07 PM

Yes, that's why I'm phrasing it more like a hypothetical 2x - because it's not 2x in practice. In essence, a 2MB with segwit is actually >3MB without - from the numbers they are giving.


I think you are missing an important point in that segwit is not (in itself) about scaling - the 1.6x space saving is a side effect - its about removing malleability* bugs in scripts so that complex contracts ( for payment channels) will work. At present most of the script functionality has been removed/disabled due to malleability.

Thinking that segwit is part of the immediate capacity issue is wrong.  These are long term developments to support bitcoin in the future. But they are being rushed through now under the guise of 'scaling'. Dont get me wrong - I like segwit - but it needs to be introduced in the correct context, with the correct due diligence.



* but tragiically still fails to address all of them....



491. Post 13514868 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: celebreze32 on January 11, 2016, 10:54:50 AM
Quote
At 2:30 this morning @petertoddbtc committed a double-spend attack on @Coinbase by buying me Reddit gold and then redirected the payment

https://www.reddit.com/r/Bitcoin/comments/40ejy8/peter_todd_with_my_doublespendpy_tool_with/

https://twitter.com/petertoddbtc/status/686362883756695553



There was someone here who claimed he had a Coinbase account and he discovered a vulnerability in their site which he told them about and got paid for. He said he discovered another vulnerability, told them about it, then his account was closed and he was banned.

If he was telling the truth Coinbase was asking for trouble.

Nobody likes a clever dick. Grin



492. Post 13515477 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: equipoise on January 11, 2016, 12:00:28 PM
Quote
and do that while maintaining the integrity of the system. Not people tinkering with an existing variable that has known tradeoffs if you set it lower or higher.
Because 1MB was not arrived at arbitrarily, but through exhaustive research and testing?
You're not saying that 1MB is simply a meaningless number Satoshi randomly selected because it was always meant to be increased long before it was reached, are you? Because that couldn't be the truth of the situation according to what blockstream says.
Satoshi selected a much bigger number originally (was it 32MB?). It was changed temporary to 1MB for reasons already in the past and not in effect at the current moment.

He didn't have any limit - the 32Mb you are thinking of is a message size limit on the underlying p2p protocol. For Satoshi, bitcoin was... unlimited.



493. Post 13525978 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: LFC_Bitcoin on January 12, 2016, 10:34:41 AM
Thought I'd lost all the bitcoin's I have stored in Core. Balance reset to 0, thought my life was over Cheesy


Dont worry, Core are busy working on new and exiting features that will take your balance to zero, without the inconvenience of hanging your PC.



494. Post 13533279 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: brg444 on January 13, 2016, 01:03:54 AM
This drop is brought to you by the good folks at Bitcoin Classic.  Cool

Hopefully ya'll enjoy being hard forked into double digits prices  Kiss

Is MP dumping her coinz?   lol

#endgame




495. Post 13536732 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: AlexGR on January 13, 2016, 01:29:17 AM

The only people who can seriously do development and maintenance work are core devs.

I think you will find, with open source projects, that is a false assertion.

Any attempt to subvert that process will ultimately fail.



496. Post 13536780 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: iCEBREAKER on January 13, 2016, 09:52:34 AM
it's the chicken game of Bitcoin.

It's Chicken Little running around squawking about the sky falling

Speaking of chicken, what happened to your National Front logo?




497. Post 13539348 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: iCEBREAKER on January 13, 2016, 12:29:42 PM

Your "nazi" slur becomes increasingly laughable as higher percentages (42!!!!) 27% of French citizens vote for FN.


Marion is an ass-kicker boot-licker like her grandfather and aunt; your clichéd Spartacist Undergraduate League rhetoric only makes her stronger.

fixed that for you, quisling.

27% translates to how many regional councils?  0.  Null . Zero. Nada.




498. Post 13547509 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: BitUsher on January 14, 2016, 06:05:11 AM
Can you give a "for example" on the security patches nodes want besides not being half-broken?

Small sample..


    #6438 2531438 openssl: avoid config file load/race
    #6571 100ac4e libbitcoinconsensus: avoid a crash in multi-threaded environments
    #6694 834e299 [QT] fix thin space word wrap line break issue
    #6703 1cd7952 Backport bugfixes to 0.11
    #6750 5ed8d0b Recent rejects backport to v0.11
    #6769 71cc9d9 Test LowS in standardness, removes nuisance malleability vector.
    #6789 b4ad73f Update miniupnpc to 1.9.20151008
    #6785 b4dc33e Backport to v0.11: In (strCommand == “tx”), return if AlreadyHave()
    #6795 4dbcec0 net: Disable upnp by default



0.11.1 Change log
Detailed release notes follow. This overview includes changes that affect behavior, not code moves, refactors and string updates. For convenience in locating the code changes and accompanying discussion, both the pull request and git merge commit are mentioned.

#6438 2531438 openssl: avoid config file load/race
#6439 980f820 Updated URL location of netinstall for Debian
#6384 8e5a969 qt: Force TLS1.0+ for SSL connections
#6471 92401c2 Depends: bump to qt 5.5
#6224 93b606a Be even stricter in processing unrequested blocks
#6571 100ac4e libbitcoinconsensus: avoid a crash in multi-threaded environments
#6545 649f5d9 Do not store more than 200 timedata samples.
#6694 834e299 [QT] fix thin space word wrap line break issue
#6703 1cd7952 Backport bugfixes to 0.11
#6750 5ed8d0b Recent rejects backport to v0.11
#6769 71cc9d9 Test LowS in standardness, removes nuisance malleability vector.
#6789 b4ad73f Update miniupnpc to 1.9.20151008
#6785 b4dc33e Backport to v0.11: In (strCommand == "tx"), return if AlreadyHave()
#6412 0095b9a Test whether created sockets are select()able
#6795 4dbcec0 net: Disable upnp by default
#6793 e7bcc4a Bump minrelaytxfee default



499. Post 13547585 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: BitUsher on January 14, 2016, 03:32:17 AM

Once you know this , you will have no fear of these private blockchains.

You need to put that into a Matrix meme. Or an Alec Guinness Jedi Mind Trick meme.

Edit:





500. Post 13559174 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: oda.krell on January 15, 2016, 07:59:52 AM

(Also, add to the list of this article's bullshit arguments: "Chinese miners are the reason we don't have bigger blocks". You can blame China's influence

I dont think he blamed them for causing the problem, I think he blames them for not having the balls to stand up to Blockstream and force the issue by adopting bigger blocks.  As he explained, it was down to this funny sense of 'loyalty' - which is commendable in principle but should never stop you from doing the right thing.

But I see why the miners did what they did - the "pig circus" that was 'Scaling Bitcoin' promised that something was going to be done, but instead became a simple delay tactic while convoluted, unworkable solutions were being hammered out in the background.

But time has now run out, as it has for XT, and miners are now taking a pro active stance on the matter. All they are waiting for is somebody credible to put an alternative solution in front of them - a solution tailored to their needs - and they will jump.  And that will be sooner than many here care to believe, and certainly too soon for alternative vaporware to become a reality.




501. Post 13559200 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: heartastack on January 15, 2016, 02:09:18 AM
The elevator stopped working I think I'll take the window home today.

 



502. Post 13563675 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: Fatman3001 on January 15, 2016, 04:31:21 PM
Next up, I think full blocks vs time and probably fees vs time.

Have you seen someone break down the fee/non-fee transaction distribution lately? I would think people are already starting to add extra fees. I know I am.

Quote from: bitcoind_log
2016-01-15 17:30:18 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter

This is all the logs show - I'll put a script together to match them to [whenever] they make it to a block or just die. I'll mess with limitfreerelay and
minrelaytxfee and see what figures come up.




503. Post 13564698 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: AlexGR on January 15, 2016, 07:07:40 PM


+ the fact that there is no expansion space is a bullshit argument. Blocks are at ~600kb (including dust and spam), not 1mb. It has +50% capacity to reach 900kb - with 100kb to spare. If some blocks are full, so be it...

+ there are two dimensions in growth, one being the money volume the other being tx count. Money volume will continue to increase and scale even with a steady tx count as very low value txs give their place to higher value txs in a "crowded" scenario.

Meh, whatever. Its probably just academic now:

Bitfury on board for Classic

Even brg444 has tweeted his disapproval. Or disappointment. Or butthurt.



504. Post 13565017 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

looks like Core devs have thrown Theymos under the bus....

They are starting to distance themselves from the bitcoin reddits....

And bitcoin.org will now be bitcoinco.re



505. Post 13565102 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: AlexGR on January 15, 2016, 07:45:47 PM

In the finance world if you say "my company transacted 1bn USD last year and 5bn USD this year and I'm expecting 20bn USD in 2 years", that kind'a counts for growth you know. Just sayin'.

Yeah, but if you cant make a bank transfer for $100m, you dont simply go back and make one for $200m so it will go through. The idea that people will transfer more money because they cant transfer less is ludicrous. I mean, seriously?



506. Post 13566234 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: paul2000 on January 15, 2016, 09:14:22 PM
looks like Core devs have thrown Theymos under the bus....

They are starting to distance themselves from the bitcoin reddits....

And bitcoin.org will now be bitcoinco.re

That'd be great. But what makes you think so? (Besides there's bitcoinco.re now)

From what has been said to me on another forum.

And this reddit which hasn't been censored yet!!



507. Post 13566349 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: pleaseexplainagain on January 15, 2016, 10:11:17 PM

according to the figures I see bitcoin is down 9.67%in USD but only 6.76% in CNY. Is such a gap usual?


depends on how usd/cny diverge during the day.



508. Post 13566592 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.40h):

Quote from: BitUsher on January 15, 2016, 10:33:25 PM
Bear whales taking advantage of negative news to juke the markets in an attempt to steal from weak hands. Don't fall for it and penalize their insolence by taking their coins.


Oh. Good. God.



509. Post 13567728 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: Lauda on January 16, 2016, 12:43:04 AM
I do not want to be rude, or anything, but this is not a religion. There can be no heretics. And if a single person, with a single article can hurt "this much", maybe the system ain't that strong enough after all- yet?

Never understood why would anyone follow a "leader" here, and strangle the kitten of the "other tribe's warchief". This is so stone age, and explains why still no consensus, hint hint.
What are you talking about? This has nothing to do with the system. The system is unharmed and the maths behind it are impenetrable (in the todays world). This is about the sheep of this world and the corrupt media. Most of the media quickly picked up on this as the ultimate truth even though Hearns words have no meaning anymore and are backed by nothing but bias and rage (due to the failure of his project). I'm quite annoyed and tired of this constant nonsense. These people need to be shamed for all eternity.

any big change in price is not so much due to one person - a hearn or karpeles- or one thing - scaling issues though they be trigger points but simply pumping and then drops.
This is wrong. Have you not been watching the news? This is spreading everywhere like a wildfire.

And you cannot see how you and your fellow travellers are the architects of all this shit?  I am surprised.



510. Post 13567748 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: Cconvert2G36 on January 16, 2016, 12:39:27 AM
"Raise the block size!" they said.

"We have consensus!" they said.

"Market is going to rally around big blocks" they said.

welp  Cheesy

Your tears are delicious.

I saw you rage tweeting BitFury earlier...   Cry  No matter, "socioeconomic consensus" doesn't need miners... amirite?

The tide is turning against the Blockstream takeover. Can't say I didn't try to warn you.  Undecided

You've been bootlicking the wrong powers. Bitcoin routes around attempts to steer and control it, about time you learned that. The control you believed they possessed is slipping like sand out of a clenched and mailed fist.

I'm salivating about buying up a piece of Mircea's suicide short this spring. I would try to buy some of your rage dumping too... but your join date probably makes that goal moot.

 Kiss



Blockstream Core... #REKT

brg44 is wondering where it all went so wrong. MP said it would be different.

 But, yeah, I got a kick out of his poutrage tweets.  Grin



511. Post 13567773 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: Fatman3001 on January 16, 2016, 01:13:29 AM
Stop defending him, he does not deserve it.

"Strong minds discuss ideas, average minds discuss events, weak minds discuss people."

Fascinating idea!  Wink

Nicked it from Lauda's profile page

HA!  Cheesy



512. Post 13571303 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: becoin on January 16, 2016, 02:10:00 AM
... I asked you how you plan to do that with less than 25% of the hashrate of Classic.
Obviously you're slow. I'll repeat it once again for you.

We'll stick to main bitcoin branch. Period.

You're free to fork it under whatever name you wish - XT, ClassicBitcoin, UnlimitedBitcoin whatever. Percentage of current hash rate you'll take after forking is irrelevant. Bitcoin doesn't care. Bitcoin existed and flourished with far less hash rate few years ago.

Jesus, fella, you simply don't get it do you? At the risk of sounding a little "Do You Even?", do you even understand the basics of how bitcoin achieves consensus? Its not a brand, its a group statement. Raging on the sidelines with your ball in your hand wont stop the game.

Bitcoin will continue without you. Thanks for your time.



513. Post 13571355 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: BitUsher on January 16, 2016, 03:16:11 AM
Bitcoin "Classic"! What a stupid name. Logically there's nothing really classic about it. They should have spent a little more time thinking up a proper name at least.

It's called Classic because it is was inspired by Satoshi's scaling solution. And is in keeping with his vision for a Peer-to-Peer Electronic Cash System.


Bitcoin classic is BIP 102

Summary of differences between core+segwit and classic now -

Classic - BIP102
Effective 2MB block capacity + possibly removing RBF + possibly versionbits
5 developers maintaining

Core
Effective 1.75-2MB Block capacity
Version bits , future fraud proofs doesn't work, signature pruning, simpler script updates doesn't work, fixing malleability allowing future payment channels doesn't quite fix malleability - huge risk potential.
45 within a month less than 10 developers maintaining 

Both are good.... but Classic isn't that exciting now that they decided to remove 2-4 + segwit as an option.

Regarding your dev numbers, most of those guys have no financial gain with blockstream, so will follow where the action is.

And again, your figure for Classic is wrong. But if that's a figure that helps you sleep at night, then go for it.



514. Post 13573068 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: AlexGR on January 16, 2016, 02:14:39 PM
Quote
I have been following the recent block size debates through the mailing list. .....
Satoshi Nakamoto
I had not seen that letter until now, but it looks like a lot of vague bla-bla without even a hint of a technical argument.
I'll eat my hat if that was written by any of the very skilled mathematician/cryptographer(s) that designed bitcoin.

What did you expect to read? Maths and crypto, for things related to social engineering, populist methods, consensus and forks?

No, but something a little more intelligent would have been nice.

Do you still cling to the belief that this was written by satoshi in an attempt to ride in like a knight in shining armour to save you? Really?

The funniest thing about that ruse was gmax's earnest reply to it....



515. Post 13573659 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: Trouble821 on January 16, 2016, 02:33:12 PM
There was a spoofed message sent to the linuxfoundation mailing list that looked like it was sent by Satoshi through vistomail.com saying that Satoshi was not Craig Wright.
Theymos proved it was spoofed by checking where it really came from. I don't know how theymos did it, but couldn't he also check whether the Satoshi mail we are discussing is spoofed?


Of course he could.

But since the narrative of the message aligned with his own and with plenty of gullible salvationists like Alex hanging on his every word - why would he?




516. Post 13574577 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: AlexGR on January 16, 2016, 03:51:59 PM

It's the fullblockalypse, the forkageddon and the second coming of satoshi combined.


Ha! Yeah, you're probably right!   Grin

Would all Messiahs please form an orderly queue and pick up a Cross on the left.....   Cool



517. Post 13577880 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: marcus_of_augustus on January 16, 2016, 09:50:15 PM


Wrong. They are precisely not like him in that they have personalities that actually prefer to avoid attention/conflict and write code (use technology) to solve problems instead of spending years plotting social attacks, relishing the arguments/conflict and sociopathic leadership 'coups' by fostering dissent and division (ahead of roll-up your sleeves and lead by example).

All of the Core coders left after this HearnAndresen saga are the true technologists who are the best to be working on infrastructure, they will not sugar-coat the technical limitations or BS for managementspeak.

PS: stop trolling when you've become transparent.

Core devs "prefer to avoid attention/conflict "....   And you say this with no sense of shame or ironey, eh?  Weare where we are because of their need for  attention/conflict.

Even now, they are busier trolling Classic forums than they are doing the job they signed up to do.  And I'm only talking about a select clique - the really self important ones..  Grin




518. Post 13578349 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):




519. Post 13578538 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: marcus_of_augustus on January 17, 2016, 12:05:10 AM
Whiny Ragequitting
https://medium.com/@bramcohen/whiny-ragequitting-cab164b1e88


Now that is a whiny article. OK - you dont like Hearne, we get it. But dont pretend to pull apart his arguments and then..... dont pull apart his arguments. He just tells us what segwit is ( we know...) and dismisses the accounting trick claim with a dismissive "whatever that is"...  Well? What is it?

And then a little ramble about gmax's bitcoin-cant-work thesis - claiming that he didnt really mean it. Ha!

I think he just got bored at that point and gave up. Good call.



520. Post 13578622 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: LFC_Bitcoin on January 17, 2016, 12:32:18 AM
sAt0sHiFanClub - Without meaning to seem rude, you're coming across as a bit of a shill. Paid by any chance are you? This is the price speculation thread bro!

There are plenty of altcoin, Gavinista, big block, Hearn loving threads without desecrating this one too.

What? And not give you an opportunity to boost your penny ad-sig campaign with mindless, pointless interjections?

Not being rude - like.



521. Post 13578732 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: LFC_Bitcoin on January 17, 2016, 12:43:55 AM
sAt0sHiFanClub - Without meaning to seem rude, you're coming across as a bit of a shill. Paid by any chance are you? This is the price speculation thread bro!

There are plenty of altcoin, Gavinista, big block, Hearn loving threads without desecrating this one too.

What? And not give you an opportunity to boost your penny ad-sig campaign with mindless, pointless interjections?

Not being rude - like.

Like I said, I hope you're being paid for your bigger block cheer leading. It'd be an awful waste of time & effort otherwise because we all know that every altcoin type of proposal gets hit out of the park. It'd be nice if you were getting paid for it - 'like'.

Why do you give a fuck?



522. Post 13578744 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: hdbuck on January 17, 2016, 12:49:32 AM
sAt0sHiFanClub - Without meaning to seem rude, you're coming across as a bit of a shill. Paid by any chance are you? This is the price speculation thread bro!

There are plenty of altcoin, Gavinista, big block, Hearn loving threads without desecrating this one too.

What? And not give you an opportunity to boost your penny ad-sig campaign with mindless, pointless interjections?

Not being rude - like.

Like I said, I hope you're being paid for your bigger block cheer leading. It'd be an awful waste of time & effort otherwise because we all know that every altcoin type of proposal gets hit out of the park. It'd be nice if you were getting paid for it - 'like'.

Thats lambie's gavinista alt account. Put him on ignore for a long time now. All his stupid accounts for that matter.



collaborator.  Wink



523. Post 13585262 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: hdbuck on January 17, 2016, 03:40:35 PM

Who cares about blockstream?

God Lord, Now they are throwing blockstream under the bus!!  Bite the hand that feeds much?   Grin



524. Post 13588922 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

what a day. Just heard a rumour that Blockstream may be having their next tranche of funding cancelled, and then I almost die laughing at brg444 on his knees begging chinese miners to stay with core...

And I mean BEGGING...

Quote from: brg444 on January 16, 2016, 03:17:03 PM
SW, at it's theoretical maximum, will force you to transmit 4MB worth of data for only a 1.75MB maximum gain in tx's and associated fees.  how does that help you vs a simple blocksize increase to 4MB worth of pure tx's and fees?

This is a complete lie and misfabrication.

macbook-air please, if you are wang chun, do consult with the Core devs.

Segwit is the most responsible way to end this dead lock for now and will provide for ample time and headroom to optimize the propagation problems so that a 2MB hard fork may go through with absolute network consensus down the road.

There is still clear dissent amongst users about a contentious hard fork and while miners may agree it would create a bad precedent for you to force this on the community.  

(of course he starts off begging, but then just straight up threatens them!!  lolz  Grin Grin Grin )

p.s. whats a 'misfabrication'? Is that like a double negative - so its the truth  Huh  



525. Post 13593306 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: JorgeStolfi on January 18, 2016, 03:38:55 AM
Quote
it’s possible to construct a transaction that takes up almost 1MB of space and which takes 30 seconds or more to validate on a modern computer (blocks containing such transactions have been mined). In 2MB blocks, a 2MB transaction can be constructed that may take over 10 minutes to validate which opens up dangerous denial-of-service attack vectors. Other lines of code would need to be changed to prevent these problems.

sauce

This is a known protocol design bug: signatures were defined in such a way that the cost of validating a transaction with N signatures is proportional to N2 rather than N.  

It has a known simple solution: limit the number of inputs of a transaction to some reasonable value, say 20 or 100, independent of the block size limit.  That will keep the cost of verifying one transaction bounded, and will inconvenience only a few users, by forcing them to break any big transaction into a chain of smaller ones.

IIRC, BiotcoinXT included this simple solution.  Hopefully it will be included in Classic too.  

XT simply made a more accurate count of the number of ECDSA ops to validate the block,( and put a proportional limit on this), but more importantly estimated the amount of *data* needed to do so. This is where the real performance hit was - the block quoted took 1.2Gb to store the hashes.

An average single core cpu can do around 10K sig hashes per second with libsecp258, so sigops in of themselves is not the issue.

So it limited sigops to 80k for a 8mb block, but crucially, limited no. of bytes needed to calc. sig hashes ( up to 1.3Gb for an 8mb block) where previously this was unlimited.

These are not difficult problems to solve. There just needs to be a will. I think core much rather keep the problem so they can point to it and say "Look what will happen!!"



526. Post 13593362 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: Cconvert2G36 on January 18, 2016, 03:20:43 AM


Listen to LFC Bitcoin guise... he knows what he's talking about... srs
https://bitcointalk.org/index.php?topic=1318765.0




 Grin




527. Post 13595061 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: Andre# on January 18, 2016, 02:00:58 PM
Why would be only 5-10, or only 500 nodes? There is no factual data to support that claim at all.

Everyone can have a p2p client that deals with 10kb/sec, has 100 mb storage requirements, needs 1 small cpu and 256mb ram. As you go up and up in hw requirements, cost goes up, "volunteers" go down - even if userbase goes up. As you hit datacenter level requirements the number of "volunteers" starts dropping significantly because costs start running in the 5 digit, then 6 digit category and eventually you'll be paying millions.

Some of us remember 8 bit CPUs running at 4Mhz with 1k of RAM and software stored on audio cassettes. Hard drives were just something you read about. The first one I actually had (nearly 10 years later) was 40MB

In the past 10 years, I have seen 10 racks of servers in a server room disappear into a handful of Virtual hosts. I'm currently running a full node on Amazon's smallest, weakest instance type. Their cost for storing the blockchain as it currently stands is on the order of $5/month.

These are issues we should not be worrying about until they are measurably becoming an issue. Like regularly full blocks already *are*


This. (My first hard drive was 10 MB, btw.)

An old ferguson cassette tape recorder attached to a Sinclair zx81  Grin  2000 bits per second, with about 500kb per side.

I still have an old  7 track tape from an IBM on the wall of my office.  Weighs 3kgs and holds 1.1Mb

(edit: I rescued it from being scrapped in a bank i was working at, never actually used one  Cool)



528. Post 13596968 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: becoin on January 18, 2016, 04:59:09 PM

Big banks are getting behind Bitcoin "Classic" fork. That is their next move.


Hmm... Dont you usually follow such a statement with "Mooooonn!!  This is gentlemen....", etc. etc.

< train.gif >  < rocket.gif >



529. Post 13599701 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: AlexGR on January 18, 2016, 09:24:54 PM

High fees = "fuck core devs"
Low fees = "fuck core devs"


I'm satoshi fanclub, and I fully approvre this message.


 Grin



530. Post 13599774 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: AlexGR on January 18, 2016, 08:40:34 PM
Do you even realize that the long term outcome of Lightning (the Holy Graal of Core folks) would be to massively reduce the amount of transaction fees versus an on-chain scaling?

Wait, what?

Core is simultaneously accused that they want "higher fees" or "fee competition" and now accused for "wanting to massively reduce fees with lightning".

Please decide what core wants.

I think you are being deliberately obtuse - surely you get this?

There's nothing wrong with LN. Nothing fundamental anyway - if bitcoin really wants to get to visa like adoption ( and i still think thats a bad idea) then LN is the only game in town.

But it needs to play on a level playing field with the rest of the users - i.e those who wish to use the blockchain directly. Blockstreams intention is to artificially constrict supply so as to force smaller payments to LN, irrespective of whether it offers them a better service or not.

Miners get higher fees, but fewer of them. The bulk of the volume, low fees go to LN

What I'm saying is that it needs to survive in an open market. Not some sort of Soviet style managed/protected environment.




531. Post 13620793 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: BitUsher on January 20, 2016, 05:11:06 PM
right and if 75% of miners went to some fork probably 99.9% would come join them shortly after and then who cares about anything else?

[snipity snip]

The Vote is = The longest valid PoW chain, with an emphasis on valid and only nodes deciding what is and isn't valid. The miners can hash all they want on an invalid chain , but they won't be necessarily following the nodes or economic majority.

This matters because when you look at how the hardforks are rolled out they are not polling the nodes but miners for an rough and indirect means of determining node support. There very well could be a dangerous situation where 75% of miners decide to fork , but over 75% of nodes and the economic consensus decides not to which would be very dangerous.  This is why I recommend that all hardforks have at least 95% consensus of blocks within the last 1k to activate a countdown. Luckily Bitcoin classic still has time to change their minds from 75% to 95% as they have yet to release code.

What, exactly, are the nodes going to accept as valid except what the miners create? They (miners) crack the puzzle, then put the block together and publish it - the others then build on this..  Nodes then follow the longest one.

What you are saying makes no sense.

Quote
but over 75% of nodes and the economic consensus decides not to which would be very dangerous

No its not - if they choose to follow anything other than the longest, valid chain then they are no longer following bitcoin. If they want their coins, however, they will.



532. Post 13621017 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: adamstgBit on January 20, 2016, 08:03:22 PM
Quote
but over 75% of nodes and the economic consensus decides not to which would be very dangerous

No its not - if they choose to follow anything other than the longest, valid chain then they are no longer following bitcoin. If they want their coins, however, they will.

most of the economic will simply do nothing tho, they will have stake in both forks, and watch as one of the forks loses all its value.

so in a way speculators are the deciders.

Indeed, but as it will only trigger @75%, the tipping point will have been reached and the majority of undecided nodes are unlikely to remain on the lower hashrate chain.



533. Post 13621079 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: BitUsher on January 20, 2016, 05:41:00 PM

Luckily most mining pools are intelligent and have our best interests in mind like most of the developers and these drastic steps likely will never be needed.


Its a fatal misapprehension to believe that any actor in Bitcoin has your best interests in mind. Bitcoin works because everyone can work to their own advantage. Its been designed that these interests naturally self align without any central coordinating function.

There is no invisible hand here - and devs have no business guiding anyone.



534. Post 13621267 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: jertsy on January 20, 2016, 08:28:25 PM

Luckily most mining pools are intelligent and have our best interests in mind like most of the developers and these drastic steps likely will never be needed.


Its a fatal misapprehension to believe that any actor in Bitcoin has your best interests in mind. Bitcoin works because everyone can work to their own advantage. Its been designed that these interests naturally self align without any central coordinating function.

There is no invisible hand here - and devs have no business guiding anyone.

Satoshi obviously understands human nature and planned Bitcoin accordingly. One of the mistakes he admitted was offering no reward for running a full node. People still do it with the best interests of the network in mind, but there are decreasing numbers of people prepared to do it for nothing. There would be an order of magnitude more nodes if people were rewarded for running one.

I reckon a good number of the transient nodes are run as curiosities, and a larger number to support their owners wallets. Everyone else is running them more consistently as part of their business ( exchanges, miners, etc.) so are being recompensed either directly or indirectly.

But, yeah, it would be nice if casual nodes could get some recompense for their service. Satoshi should have designed some sort of a faucet funded out of the coinbase tx's.



535. Post 13621473 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: BitUsher on January 20, 2016, 08:19:58 PM


There are at least 4 choices that can be made in the event of a hardfork between competing chains -

1) Quickly move over to the longest chain with the most hashing power out of security fears

2) Stay on their chain with less hashing power and hope...  

[snip]


You can stop at 2, as the other 'options' are just slash and burn/scorched earth policies that will end badly for those foolhardy enough to believe in them.  Most rational players will want to conserve whatever value they have put into bitcoin and are unlikely to be as petulant as the core devs will be. They will follow the longest valid chain.

Changing the POW is just empty sabre rattling from a dev who is seriously worried that this is getting away from him.



536. Post 13621637 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: BitUsher on January 20, 2016, 08:40:16 PM


 Large bagholders (almost all the core team and early crypto-anarchists who [...] can carry out some pretty nasty attacks

I presume you are referring to Adam Back there, and yeah, I agree that he is more than capable of what you suggest, but is that a reason that I should be following him?
Because he will fuck me up if I dont?  Seriously, R3CEV must be reading this and pissing themselves laughing.

No, I think I will take my chances that the majority of bitcoin is not as messed up as these guys and willact rationally to maintain the value of their coinz.

BTW - You know he has no bitcoins, right? He said so when he joined at the ATH in 2013.

edit: apologies for language, but its after 9pm here.... Cool



537. Post 13621930 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: BitUsher on January 20, 2016, 09:30:59 PM
I presume you are referring to Adam Back there, and yeah, I agree that he is more than capable of what you suggest, but is that a reason that I should be following him?
Because he will fuck me up if I dont?  Seriously, R3CEV must be reading this and pissing themselves laughing.

No, I think I will take my chances that the majority of bitcoin is not as fucked up as these guys and willact rationally to maintain the value of their coinz.

BTW - You know he has no bitcoins, right? He said so when he joined at the ATH in 2013.

Yes, I am aware that Adam doesn't have many coins, as he wouldn't fit the description being that he joined in 2013 with his first coin being purchased at ~180.

Look around you a bit and pay attention and don't merely select an exception to the rule that fits your agenda. I'll admit there are indeed some large bagholders which I can name that support bitcoin classic. Are you suggesting that a majority of bagholders support classic over core? If this is true you are delusional. For one thing, the core devs are almost all extremely large bagholders as they have been around since the beginning. Why do you think they are so interested in bitcoin succeeding and thus volunteering their efforts?

I never suggested anything of that kind. You brought up the notion of bagholders throwing their weight around. I personally dont think it will ever come to that - it would be like the Bank of England trying to fight off Soros when he shorted the pound years ago.  The more coins they throw at it, the more they loose.

No, the threats are just that - threats. Except for the one you mentioned earlier - they can carry out nasty attacks, such as the ddos campaign on XT nodes.

But that is a reason I would be less inclined to support them - not more. 



538. Post 13622361 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: BitUsher on January 20, 2016, 10:14:45 PM
I never suggested anything of that kind. You brought up the notion of bagholders throwing their weight around.

Which I why I phrased it in the form of a question.

Huh?  How do you otherwise phrase your questions? It was a question - "are you suggesting...?" What other way would you ask it?  Huh Huh

Quote
I did indeed bring it up, but not as a threat but to clarify to others the dangers of a minor majority fork of 75%
So... not a threat, but if you follow the minor majority 'certain' bad things will happen....  Okay.  I've seen Goodfellas, so I think I get that.... The 'dangers' you speak of is if i follow that miner majority, you and your dev friends will mess me up with all your coinz. Got it.

Quote
 and how such a low number can cause a civil war where the apparent chain with the advantage can quickly becomes the losing chain. Once Bitcoin classic releases code I warn users to pay attention and be ready to pull their coins out of exchanges and store them in cold storage during any network split.


You see this is all based on your initial flawed concept:

Quote
the economic majority on the chain with less hash power


If you are on the weak/shorter chain, you are already the economic minority. You can convince yourself otherwise - that big bags of coins will redress the imbalance - but it wont. Only deliberate fraud and criminal actions will delay the inevitable - and I'm sure you are not really proposing that.





539. Post 13622627 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: BitUsher on January 20, 2016, 10:57:06 PM

You suggest that the chain with 25% hash power is in the economic minority which is just flatly inaccurate. The sunk costs in previous generations of ASICs aren't worth much more than a doorstop with a flood of new money buying the latest generation of ASICs. 75% of Miners are not necessarily the economic majority. What is interesting about this attack is even if 95%+miners temporarily support the new coin (I.E.. Bitcoin classic) and every exchange supports bitcoin classic and refuses to accept bitcoin core coins, the attack can come unannounced as the ASIC manufactures can have a shell company or investors buy them out and use their own coin to simultaneously dump the price and gain a majority of the hashpower. To those that oppose a coup, they wouldn't even see this as underhanded but protecting the interests of the ecosystem and increasing the hash power.


Sorry, I respect your beliefs and all, but that is just getting plain ridiculous, desperate and implausible.
 Have a look at this and you will see there is nearly 90% consensus for 2mb blocks at this moment. Add to that all the exchanges that have stated they will follow the majority ( not a given that its classic)

You have an extremely difficult battle with just 10% of hashing power and sky high difficulty. And for what? What will you gain with your shell companies and other whatnots you mentioned?

When it comes to it, you, and all the others will be as pragmatic as anyone else in the network. You will protect the value of your coins. You will fork.

Because its in your interest*.






*unless you are an investor in Blockstream



540. Post 13625074 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: LFC_Bitcoin on January 21, 2016, 12:55:24 AM
You don't seem to understand. Bigblockers will win if we crash the price far enough to persuade the miners to switch. If we fail in that, it's because the price is going up and they have no reason to listen to us. (if it ain't broke, don't fix it). So it's simple. Just keep pumping until we go away. That's how you'll get us to capitulate.



Did you miss the bit when it's been tried & failed a number of times now?

We just have to be lucky once....   Grin



541. Post 13625077 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: ImI on January 21, 2016, 12:59:07 AM

Bitfury said already yesterday that they wont support Classic.

edit: https://medium.com/@BitFuryGroup/keep-calm-and-bitcoin-on-4f29d581276#.r2d5cdk2i

That article says nothing of the sort. Read it again. Its a tacit approval for the concept of Classic if anything. But maybe thats just me!!



542. Post 13625087 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: BlindMayorBitcorn on January 21, 2016, 01:33:45 AM

@BjA If the PBoC gets out of line we can send LukeJr. in to change the algo on 'em. SHa69. Pit paff piffy. Inniit?

If the crytpos are united?




543. Post 13625103 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: 600watt on January 21, 2016, 06:32:07 AM

since when it is not en vogue to drop some acid within the IT scene? ever heard of steve jobs?


Hell yeah! It was even tax deductible in my day....  Roll Eyes



544. Post 13626723 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: LFC_Bitcoin on January 21, 2016, 08:27:52 AM
You don't seem to understand. Bigblockers will win if we crash the price far enough to persuade the miners to switch. If we fail in that, it's because the price is going up and they have no reason to listen to us. (if it ain't broke, don't fix it). So it's simple. Just keep pumping until we go away. That's how you'll get us to capitulate.



Did you miss the bit when it's been tried & failed a number of times now?

We just have to be lucky once....   Grin

Jusr to be clear I don't really give a crap which chain wins. All I care about is that my bitcoin's are safe & hopefully become a lot more valuable than it is now price wise etc.

That's everybody's hope isn't it, to make lots of money from this 'thang'.

I don't wear an 'I love Core' t shirt under my sweatshirt or anyrhing, I just want to make money & see bitcoin succeed.

You and me both. I just want each side to get a fair crack of the whip.




545. Post 13626935 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: Fatman3001 on January 21, 2016, 10:01:37 AM
Toomim on wechat (I think). Gives a little more insight to what has happened, and what he thinks, agree or disagree... worth a read if you can handle it... loooong.

http://pastebin.com/B8YQr5TQ

There's even some stuff relevant to the WO-thread here:

1|申屠青春:2016-01-20 07:29:30:Chinese central bank want to issue digital currency...
1|Guy Corem:2016-01-20 07:29:43:(indeed. big news)
1|Guy Corem:2016-01-20 07:29:49:(thanks for the update)
1|Jonathan Toomim:2016-01-20 07:30:02:oh darn, i already sold my bitcoin to pay for electricity a few days ago...
1|Jonathan Toomim:2016-01-20 07:30:06:wish i had waited
1|Guy Corem:2016-01-20 07:30:12:Smiley
1|申屠青春:2016-01-20 07:30:20:[Grin]


Guy Corem has a great line in adversarial cross examination! weasel words, statements dressed as questions, the lot.
And finally this: (referring to nodes)
Quote
1|Guy Corem:2016-01-20 09:03:39:or someone can fake it as well ?

So, its just iceBreaker/Adam Back, just better trained.

This is funny: (afer JT describes core_POW change as an alt coin)
Quote
1|Guy Corem:2016-01-20 09:11:15:With you permission, I want to call it Core + PoW change fork
1|Guy Corem:2016-01-20 09:11:21:And not altcoin
1|Guy Corem:2016-01-20 09:11:23:Ok ?

Even funnier....
Quote
1|Guy Corem:2016-01-20 09:22:33:Let's assume Core is implementing both changes
1|Guy Corem:2016-01-20 09:22:38:And we have different PoW
1|Jonathan Toomim:2016-01-20 09:22:45:they Smiley
1|Guy Corem:2016-01-20 09:22:54:sure
1|Guy Corem:2016-01-20 09:23:02:(It's bad translation from Hebrew)
1|Guy Corem:2016-01-20 09:23:08:We as a community

From hebrew.  No forks in hebrew.

He has a serious isue with core-pow being called an altcoin, I'm surprised JT didnt pick up on it and leverage it.

Quote
1|Guy Corem:2016-01-20 09:30:12:That both ClassicCoin and CoreCoin are alt coins and the OldCoreCoins are the real one
1|Guy Corem:2016-01-20 09:30:22:I know that there are some people still using old clients
1|Guy Corem:2016-01-20 09:30:28:And call those coins BTC
1|Jonathan Toomim:2016-01-20 09:30:34:right, the original bitcoin has a 32 MB blocksize limit
1|Jonathan Toomim:2016-01-20 09:30:39:we stopped using Bitcoin years ago
1|Guy Corem:2016-01-20 09:30:41:indeed

So we have been buying alt-coins for the last 4 years according to Mr. Corem.  

I'll stop now as I'm bored as you probably are.


Still, I think Toomim did prety good, for someone with no legal/PR training.

edit: why did i keep calling him cohen?



546. Post 13627165 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: Fatman3001 on January 21, 2016, 10:41:04 AM


But it becomes clear that he has something else in mind:



Quote
1|Jonathan Toomim:2016-01-20 10:05:39:i think the majority of devs want to work on the majority coin, and won't want to play chicken once it's clear which one that is
1|Guy Corem:2016-01-20 10:05:58:Why do you object to my vision of comeptition ?
1|Guy Corem:2016-01-20 10:06:04:Isn't competition good ?
1|Guy Corem:2016-01-20 10:06:17:I mean, you didn't want to git-cherry pick ?


Quote
1|Guy Corem:2016-01-20 10:29:45:Once you are forced to do Hard Fork once
1|Guy Corem:2016-01-20 10:30:04:And see that it's not hat terrible (my believe, not core), they'll do it more often Wink

The opening gambits made it clear that this was not going to go pleasantly. But considering his meticulous approach and questioning style, I fell he comprehensively failed to fluster JT, and simply became angry at the end. I think he tried to tease out some statement from JT that all hell would break loose during a HF, but couldn't make that point stick - JT shut him down pretty well.

How many times did he say "I'll get to that later" (which is code for "I know nothing more on that topic") ?

tl;dr It shouldn't have happened.



547. Post 13627445 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: BitUsher on January 21, 2016, 11:13:53 AM


https://twitter.com/AaronvanW/status/690120783281156097

Confirmed: Chinese mining pools are sticking with Bitcoin Core.

Context and more details? I knew it was coming from the conversations , but just didn't expect it this quickly.



You are incredulous or simply lack details of the announcement? Aaron van Wirdum is a respected journalist so I would give a little credence to his announcement and wait to verify.


Thats hilarious. Adam back quotes him on twitter every now and again, but his earlier tweet which included"more to follow" was bullshit as well. About the atempt to fud the f2p announcement.

Respected my ass. Puppet more like.

edit: added tweet link.



548. Post 13627667 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: BitUsher on January 21, 2016, 11:37:58 AM
In other words: 2MB maxblocksize or not, segwit now or later -- in any case, the majority of the Bitcoin economy seems to be against artificial transaction scarcity.

Source? Hopefully you aren't basing this off of an unscientific Toomin like poll with small sample sizes and no controls of sample data.
I would also like to analyze the questions posed in the poll as that can greatly effect the responses.

I.E...  

1) Do you want to increase the block size for bitcoin to have very small fees for everyday tx's?

vs

2) Do you want the bitcoin chain to remain efficient and lean with a decentralized p2p payment layer that keeps tx's small for everyday purchases?

Users would likely say yes to both the above even when they are very different plans.

What percentage of the mining pool is represented by "Haobtc, OKCoin, Bitmain, Bither, LIGHTNINGASIC" ? 



549. Post 13627797 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: BitUsher on January 21, 2016, 11:47:58 AM



What percentage of the mining pool is represented by "Haobtc, OKCoin, Bitmain, Bither, LIGHTNINGASIC" ? 

We probably shouldn't jump to conclusions being that none of them are running classic nodes yet and the latest news indicate that they are sticking with core. The true vote is one that has commitment and resources behind it and not merely a nod of approval towards both core and classic.

I asked what the percentage of mining is represented by that list. I'm not jumping to any conclusions, but you clearly are - the tweet you quoted says "Chinese mining pools are sticking with Bitcoin Core"




550. Post 13627846 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: BitUsher on January 21, 2016, 11:58:06 AM
I've already answered that: hashpower (slight majority to strong majority)

This is in question as the miners are making political nods to both sides : Core and Classic.

Indeed, but if it turns out that only 2% make a nod to Core, then that is an important detail.

Quote
Additionally, this information along with Bitfury's article that strongly rejects all of classics principles lead me to doubt the sincerity of those commitments.


Bitfurys article strongly rejects XT principles. Not Classic.  XT != Classic.

Read it again, and the underlying tone is that they prefer development to be more open.



551. Post 13628065 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: BitUsher on January 21, 2016, 12:15:30 PM
What percentage of the mining pool is represented by "Haobtc, OKCoin, Bitmain, Bither, LIGHTNINGASIC" ? 

The context was Chinese mining pools. With the list above and F2Pool which already made a deal with core a couple days ago(evidence provided earlier)... I see BTCC and BW mining missing which is ~20% global hash rate or around 2/3rds of Chinese mining pools  indicating they are sticking with core(If we are to believe the sources) and the remaining Chinese pools having an unknown position.

F2P deal with Core? You mean 2Mb in April 2017?  Do you know what they actually meant when they said that, knowing that Classic was going ahead in a timeframe a fraction of that?

When I read a statement from them to that effect, I will believe it. But lets leave them nuetral for now, shall we?

So what percentage of mining was represented by the list mentioned in that tweet? Are you saying that the list represents "around 2/3rds of Chinese mining pools  indicating they are sticking with core"? Sorry for being dense, but I want to be clear.



552. Post 13629192 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: BitUsher on January 21, 2016, 12:57:45 PM
Bitfurys article strongly rejects XT principles. Not Classic.  XT != Classic.

Read it again, and the underlying tone is that they prefer development to be more open.


You must have skipped to the end of the article instead of reading the whole thing. Additionally , most of us want development to be more open. Stop creating false wedge issues where none exist ... we agree on this! Lets support Libbitcoinconsensus!

 https://medium.com/@BitFuryGroup/keep-calm-and-bitcoin-on-4f29d581276#.lsa4ml1p6


This directly refutes the Bitcoin Classic And Bitcoin Unlimited governance model.


Meh, not too sure. That Medium piece was written in the context of Hearns exit piece, so yes, I still think it was largely directed at that, and not specifically at Classic.
We could argue the interpretation of various pieces of that artical, but I would prefer to simply quote the man himself's view on Classic, as he posted on twitter:

https://twitter.com/valeryvavilov/status/688054411650818048?s=09

Quote
@BitFuryGroup - the largest private miner and security provider is ready to move forward and support 2MB increase with @Bitcoin Classic

That seems pretty unequivocal.

edit: posted before i saw you address it earlier. But point still stands - your view that the article denegrades Classic is only your interpretation of it. And condidering his explicit support for Classic, I'd say you could redress the dichotomy by simply saying that maybe the article was about XT and Hearn.



553. Post 13629680 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: Fatman3001 on January 21, 2016, 02:48:24 PM
Where are we at, are people just pretending Toomin-Coin is still happening?

As far as I can see (read) Chinese mining pools have rejected it & shown their support for Core?

Can we add Toomin-Coin to the list of failed take overs?


Any solid links?

How to beat Liverpool FC in 2 easy steps:

1. Make them concede a corner.
2. Err... thats it.

I have no idea why that popped into my head.  Cool



554. Post 13629830 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: BitUsher on January 21, 2016, 03:09:25 PM
This is just too good not to repost...

https://www.reddit.com/r/Bitcoin/comments/41vhzz/im_jesse_powell_cofounder_ceo_at_kraken_ama/cz5wznz

So, closest I came to getting hacked:

My email account somehow got included in the Ashley Madison list. Seriously, no idea how that happened! I tell my girlfriend about it to preempt the rage. She says "I thought of a new BIP--Boyfriend Improvement Proposal" me: oh yeah? "yeah--it's called Segregated Penis. What do you think?" me: ... ... I better buy some more hashing power.


Thats good, but this is better:

Quote
If there were a sustained hard fork, we would support both coins. I think this is extremely unlikely to happen, however, as it would require > 75% of the miners to agree to it. The other 25% mining the old chain would be in a very weak state and would quickly switch rather than risk being attacked by the other guys.



555. Post 13633702 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: Fatman3001 on January 21, 2016, 07:35:15 PM

The retard journalist (https://twitter.com/AaronvanW/status/690120783281156097) has published his article: https://bitcoinmagazine.com/articles/f-pool-chinese-pools-will-stick-with-bitcoin-core-1453395328


Long story short: F2Pool and HaoBTC.

No real news then.

Quote
Speaking to Bitcoin Magazine, F2Pool operator Wang Chun confirmed this is indeed the case.
“The rumors are true,” Chun said. “Miners in China were scared by Luke Dashjr’s proof-of-work changing pull request.”

I mean, WTF???  I mean to say... WTF??

And Wang Chun is not aware of Gregs similar posturing? Of course he is.

Is everyone here a complete effing retard? This is a joke. Of course its a joke.
Normal responsible business people dont speak like that  OK, that was a stupid point.

You are all being done up like a kipper.



556. Post 13633938 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: BitUsher on January 21, 2016, 09:47:32 PM

And Wang Chun is not aware of Gregs similar posturing? Of course he is.


The ideas have been around long before the blocksize debate as a wish list -- https://bitcointalk.org/index.php?topic=359323.0

We really do not want democratic mob rule voting on the protocol design and centralized miners becoming compromised by states which is the direction we are heading. It is not a threat but a long held concern of ours and the  raison d'ętre of bitcoin. Part of me welcomes the split so I can dust off the gpu miners and another part of me sees hope in bitfury doing the right thing and selling their ASIC's to the wide public for reasonable fees to reverse the problem of mining centralization and node count drop off.

What scares us is this https://bitcoin.consider.it/

Bitcoin classic is looking like a trojan horse for BIP 101


Thank you! I did not know this website

Yes , it is controlled by the brothers Maintainer of the Bitcoin Classic so do not assume that the votes are impartial as its essentially a voting mechanism and disturbing governance model of Classic.

Shouldn't you be out fixing the roads or something?   Huh



557. Post 13633958 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: tomothy on January 21, 2016, 09:49:10 PM

sipa  commented 9 hours ago  
Quote
I'm willing to consider this due to the unexpected controversy this is causing. I do however think this due to a misunderstanding:
•It's perfectly possible to keep accepting 0-conf transactions, if you believe they are safe for your use case. Opt-in RBF sets a non-maximum nSequence value, which causes many providers to already consider the transaction non-standard for the purpose of accepting 0-conf.
•As a customer, you can choose to set opt-in RBF, and thus lose the ability to get your payment accepted before confirmation, but with the ability to easily change the fee afterwards or combine the transaction with others.
•As a miner, the rational behaviour is to take the transaction with the highest fee (even for non opt-in cases). If you don't, another miner can.

And, no, opt-in RBF is not theft. It's indicating that you're not sure whether what you're submitting is the final form of the transaction. This is the exact semantics that nSequence had since the earliest version of Bitcoin.


Yeah, cause you can surely tell that this satisfied his objection lol. It gets better... (He knows his $$ comes from the users, not the devs...)


wangchun commented 8 hours ago: "@jonasschnelli Could you please tell me which wallet has been ready to warn users for potential RBF transactions? What the average user without much Bitcoin knowledge can do when he/she see this warning?"


wangchun commented 8 hours ago:  "So you admit nobody has yet been ready for opt-in RBF but deploy it in the next release IMHO this is no better than force a hard fork without consensus" (Bolded by my decision)

Wang Chun has gone up in my estimation. He is playing the Coretards for the chumps that they are. Unbelievable. There isn't a single principle among the lot of them.

where's inca's giraffe eating popcorn gif?  Grin
 



558. Post 13634030 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Quote from: BitUsher on January 21, 2016, 10:04:23 PM

Shouldn't you be out fixing the roads or something?   Huh

We pay people with heavy machinery to do that all without coercion and taxes. People like you pay a lot of money to vacation here as well so don't paint my community as some backwards anarchy-primitivist community where we have to build the roads with manual labor.


Bah, I'm only fuckin wit ya.

The way things are going I might need to head over to your utopia. Do you have any vacancies for Palm Frond wavers? Keeps ya cool a treat...



559. Post 13635024 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.41h):

Will I / Wont I troll the Core PR7833 Huh

Aw heck, I think I just did.

 Grin

Reader Exercise:  Identify the rogue PR's in COre....

PR ####  Change constant 'COIN' to 1 Bong
PR ####  FULL RBF activation date change to Ratember TonTi

 Cool



560. Post 13645356 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

poor Austin...

Quote
“I know a number of Blockstream people are frustrated by people who aren’t discussing things with them, talking to other media outlets

 Huh Huh

have you asked theymos what might be the problem?  Just sayin, like.

Hory Sheet.That drop.  Shocked



561. Post 13654939 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: BlindMayorBitcorn on January 23, 2016, 08:19:15 PM
This is good.

Interestingly, since there is no government forcing everyone to run any particular software, it would seem that the "free market" has already decided that a 1 MB block cap is best. 

By inaction, or at least benign indifference, we signal approval?  I can buy that.

But the existence of Big Blockers and 3 alternative implementations surely signals a less than universal acceptance of the status quo.



562. Post 13655150 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: JayJuanGee on January 23, 2016, 09:11:10 PM
This is good.

Interestingly, since there is no government forcing everyone to run any particular software, it would seem that the "free market" has already decided that a 1 MB block cap is best.

By inaction, or at least benign indifference, we signal approval?  I can buy that.

But the existence of Big Blockers and 3 alternative implementations surely signals a less than universal acceptance of the status quo.

Of course. I'm personally mad as hell and ain't gonna take much more. Angry


What you gonna do?  stop buying?  sell?  contact the media?

Thou shall be above only, and not beneath. Thou shall be the head, and never the tail.



563. Post 13655503 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: shmadz on January 23, 2016, 09:38:01 PM
XT altcoin was much more serious bitcoin take over attempt than this joke named ClasSick.
You seem scared.

Those who solely support Core are getting scared.  So scared in fact that they're now discussing a change of PoW if Classic hardforks.

They are discussing the nuclear option if they don't get their way.  Telling.

From my recollection, the group threatening the "nuclear option" is not promoting core, but promoting a pure, uncluttered version of bitcoin they have been working on (available here -> http://thebitcoin.foundation )


No need to bring in random nutters to blame for the nuclear option. Luke and Greg talked about this on reddit. Apparently the code is all ready to go.



564. Post 13655813 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: BitUsher on January 23, 2016, 10:34:23 PM
From my recollection, the group threatening the "nuclear option" is not promoting core, but promoting a pure, uncluttered version of bitcoin they have been working on (available here -> http://thebitcoin.foundation )

If bitcoin hard forks, and if your preferred fork were not in the majority, a change PoW algorithm would be rational and recommended. In fact, depending on the split of hashpower, refusing to change the proof of work algorithm would be suicidal.

I'm still undecided, I appreciate the value that a group like blockstream can offer in terms of innovation. I also appreciate the value of a group like The Serene Republic can offer in terms of protecting the vision of incorruptible money.

I have no dog in this fight, and I haven't been following very closely lately. My position is set, my coins are old and will spend on whatever forks emerge so I'm not as immersed as I used to be. --but... if you are bullish about the long term prospect of bitcoin, but uncertain of the resolution of this bitcoin civil war, your best option might be to simply secure as many bitcoin as you can before the hard fork happens to secure your place on all subsequent forks.

There are alternative forks with different visions that are looking to jump at the opportunity with this hardfork and they are already working on the code---
https://medium.com/@vcorem/lesson-learned-from-the-classic-coup-attempt-or-why-core-needs-to-prepare-a-gpu-only-pow-6a9afe18e4b0#.gpzfq1qtw

 Looks like there might be multiple penitential chains created . Potentially a 3 for 1 "stock" split?  

Very interesting. I suppose this is all possible when you have a contentious HF and a low 75% fuse.


The more contentious alternatives the better. The HF only triggers at 75% - thats 75% for Classic.
That means that core must now share the remaining 25% with all the other implementations.  They will attack each other into oblivion.



565. Post 13660681 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: Fatman3001 on January 24, 2016, 12:07:57 PM
tldr 5 million BTC did not move. Someone with 10k BTC moved it 500 times.

Seems like high volume spam. Instead of spamming the blockchain with dust, now we have XXXX btc moving back and forth, for the lolz, also creating meaningless "output" spikes.

In the meantime: (cointape.com)

The fastest and cheapest transaction fee is currently 30 satoshis/byte, shown in green at the top.
For the median transaction size of 369 bytes, this results in a fee of 11,070 satoshis (=0.04$ USD for first block inclusion).


And that with the mempool having a 43 mb backlog. Obviously those moving coins for the lolz to say "ohhh the blocks are full", "the mempool is full", aren't in any rush to pay - they are just clogging the system with spam as cheaply as they can get away with it.


Yeah, looks like we need to increase block size limit.

Indeed, I was wavering for a while ( Cheesy ) but AlexGR has convinced me of the need for bigger blocks.

well played, Son.



566. Post 13661297 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: BlindMayorBitcorn on January 24, 2016, 12:58:08 PM
http://cpgblogger.blogspot.de/2016/01/what-heck-is-bitcoin-core-thinking.html
Quote
With the combination of these changes, we are looking at a MASSIVE increase in capacity of the network over the next 1-2 years which will keep transactions cheap and maintain decentralization.

meh.  He is again describing segwit as a scaling solution, when that was never the intention. To rely on a latent side effect as the primary reason to implement it so quickly is simply poor engineering practice.  Also, his space saving projections are optimistic.




567. Post 13662203 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: bargainbin on January 24, 2016, 02:25:45 PM
http://cpgblogger.blogspot.de/2016/01/what-heck-is-bitcoin-core-thinking.html
Quote
With the combination of these changes, we are looking at a MASSIVE increase in capacity of the network over the next 1-2 years which will keep transactions cheap and maintain decentralization.

meh.  He is again describing segwit as a scaling solution, when that was never the intention. To rely on a latent side effect as the primary reason to implement it so quickly is simply poor engineering practice.  Also, his space saving projections are optimistic.

Streaming to >50 people is an engineering problem too.
https://www.reddit.com/r/Bitcoin/comments/42bdwm/consensus_round_table_meeting_in_miami_going_on/cz962q7 (open the collapsed comment for extra lel)

luke-jrLuke Dashjr - Bitcoin Expert: It won't let me without giving Google my phone number...

Other guy: Is there something stopping you from registering a google voice number and then giving it to them?

luke-jrLuke Dashjr - Bitcoin Expert: Dunno, sounds like a lot of steps/time that would distract me from the actual topic.

TL;DR: Expert fails, but not after trying to break TOS & h4xx0r all things.

Luke has always shown a consistently high threshold to technology adoption.

I think richy said it best with ""Dumpster diving for 486's"  Cheesy



568. Post 13665560 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: BlindMayorBitcorn on January 24, 2016, 05:43:11 PM

With 1MB blocks Danny Hamilton estimates fees could reach as high as $100 a transaction.

Schweeet. The rest of Planet Earth will be beating down the blockchain's doors for the honour of one transaction. I can see them being given as wedding presents or instead of a dowry.

Proclaim your love for her on the Blockchain. If you really love her?

New grounds for divorce? "Transaction Malleability, your honour!"



569. Post 13666141 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: BlindMayorBitcorn on January 24, 2016, 09:08:29 PM

With 1MB blocks Danny Hamilton estimates fees could reach as high as $100 a transaction.

Schweeet. The rest of Planet Earth will be beating down the blockchain's doors for the honour of one transaction. I can see them being given as wedding presents or instead of a dowry.

Proclaim your love for her on the Blockchain. If you really love her?

New grounds for divorce? "Transaction Malleability, your honour!"

Not in Japan it isn't. Wink



Well, I suppose in prison, you mate for...life.



570. Post 13666177 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: Fatman3001 on January 24, 2016, 09:09:28 PM

The main part tho was that Googles searches were much better than AskJeeves and Altavista. Their search algo was far superior. People found what they were looking for.


By that reckoning (www.persiankitty.com ) should have taken over the world!!  Wink Cheesy Cheesy



571. Post 13666438 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: Fatman3001 on January 24, 2016, 10:19:54 PM

The main part tho was that Googles searches were much better than AskJeeves and Altavista. Their search algo was far superior. People found what they were looking for.


By that reckoning [url =http://www.persiankitty.com/]this[/url] should have taken over the world!!  Wink Cheesy Cheesy

If there was any point to what I wrote I guess it would be that the analogy breaks at some point. We might have to think for ourselves.

(Crap! Where's that anti-spyware!?!?!!?!!)

(Edit: Only 628 threats detected, I guess it was soft porn then.)

You know, I cant remember the actual point I switched to google from AltaVista, despite having convinced myself that I never would. Funny, no matter how entrenched we think we are, we are liableto change in a heartbeat. Bitcoin core could learn that lesson.

I removed the link  Grin - if people wish to discover how we found porn in 1994 then they can type it themselves... ( and learn how we got rid of spyware too!)
Sorry for your spyware troubles...   Shocked



572. Post 13666621 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: marcus_of_augustus on January 24, 2016, 10:41:22 PM
-snip-  
Maybe, those issues are behind Ethereum, but several aspects of ethereum seem to have its own issues in regards to pump and dump sense and various small community centralization like dynamics.

You mean like a single company stonewalling a simple upgrade to tx capacity... directly and negatively affecting its competitiveness against growing alternatives?

Perhaps you should stop insulting your betters like you did to mmitech earlier and start thinking about these issues.






573. Post 13666894 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: Richy_T on January 24, 2016, 11:38:19 PM
You know, I cant remember the actual point I switched to google from AltaVista, despite having convinced myself that I never would. Funny, no matter how entrenched we think we are, we are liableto change in a heartbeat. Bitcoin core could learn that lesson.

Altavista started going down that whole "portal" route (as were others). An object lesson in having to watch your step when it comes to monetizing things. I probably would have stuck with Altavista if they hadn't gone that way (though they would have had to have stepped up their search algorithm efforts too)

Yeah, you know, thats it. I forgot how clogged up AV and Yahoo were getting ( and still are)

Google, to be fair, always kept the UI clean and simple.



574. Post 13681415 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: BlindMayorBitcorn on January 26, 2016, 03:03:27 AM
Ok. So let me get this straight.

You are walking up a hill, with a knapsack on your back filled with 4 concrete blocks. Its tough going.
A guy comes up to you ( lets call him Adam) and says "Don''t be a fool, let me make that easier for you".
So the guy removes 2 of the blocks from the knapsack, and puts them under your arms instead.
"Now", says the guy, "Isnt that much easier? You have half the weight, and lots of extra capacity in your bag - win-win, eh?"
"But its the exact same weight! - in fact its a little more difficult to carry these under my arms"
Guy says, "Dont be an idiot - look at your bag. Thats clear evidence of the improvement"
"Oh, i guess...."




575. Post 13681741 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: ZephramC on January 26, 2016, 10:43:30 AM
Ok. So let me get this straight.

You are walking up a hill, with a knapsack on your back filled with 4 concrete blocks. Its tough going.
A guy comes up to you ( lets call him Adam) and says "Don''t be a fool, let me make that easier for you".
So the guy removes 2 of the blocks from the knapsack, and puts them under your arms instead.
"Now", says the guy, "Isnt that much easier? You have half the weight, and lots of extra capacity in your bag - win-win, eh?"
"But its the exact same weight! - in fact its a little more difficult to carry these under my arms"
Guy says, "Dont be an idiot - look at your bag. Thats clear evidence of the improvement"
"Oh, i guess...."



Replace concrete blocks by (expanded) polystyrene blocks. Or with inflatable toy blocks with handles.
Whether current content of Bitcoin-blocks is closer to concrete or to inflatable toys with (easy to carry) handles, that is matter of perspective.


Doesn't matter what they are, the point is that you still need to carry them

If you put them down ( to crystalize the capacity/weight saving) then you cease to be a full validating node.



576. Post 13685029 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: CuntChocula on January 26, 2016, 04:58:37 PM
...
Who decided what the existing minimum fees are? Greenspan?

Are there minimum fees? If so, what are they/who/ how were they implemented?

min fees now seem to be set by core, via their software. Filthy non-coding Miners hardly get a look in anymore.



577. Post 13685142 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: rebuilder on January 26, 2016, 05:13:10 PM
Who decided what the existing minimum fees are? Greenspan?

No-one, since there is no such thing currently. You can push transactions out with whatever fee you wish, including 0. Wallets will usually recommend a fee though, how that fee is decided is presumably decided by the developers of the wallet in question. Miners, in turn, choose what fees, if any, they require for their services. You might say it's a fee market.

Correct - but you are relying on the kindness of strangers to get your tx in to a block. and that will only happen if there is spare capacity ( i.e it costs the miner zero to include it ) But bear in mind that the old 'reserved' portion of the block (50K) for free priority tx's is now gone (by default) and that the concept of priority is about to be killed off entirely, I think its fair to say that the idea of free tx's is dead.



578. Post 13687711 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: AlexGR on January 26, 2016, 09:38:33 PM
Even a guy like satoshi could dump his 1mn coin stash in BTCC by buying 5-10 alts, and then buying BTCs.

You really are worried about this, aren't you?




579. Post 13708436 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: JayJuanGee on January 28, 2016, 10:23:55 PM
let me say it again


 less than 380, NEVER AGAIN.



Still stand by that call?  I think there is a one hundred and eleventeen percent chance that you are wrong.  I will bet my last satoshi on it.


There you go... not making sense, again....  Roll Eyes Roll Eyes Roll Eyes


Huh?  He was right, though? went to 379 briefly about 10 mins later....



580. Post 13708463 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: coins101 on January 28, 2016, 10:42:32 PM
Looks like segwit will need to be hard forked. That should finally bring this issue to a close.

segwit *always* needed to be hard forked.  The soft fork dream was never going to float if anyone valued decent software design.

btw - Can you source that?  Wink



581. Post 13708520 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: marcus_of_augustus on January 28, 2016, 10:35:32 PM

yep, and I know who my money is on in this game ... it will be the cypherpunks and cryptogeeks who built this thing and truly understand its subtle nuances and well-balanced incentive structures rather the CoinBase brian armstrong's R3 Hearn's and sundry govt toady boot-licker johnny-come-latelys who want a new PayPal for Big Bruh data-harvesting and black-listing.

the cypherpunks have more tricks up their sleeves in regards to hard forking POW, sybill attacks than you have half heard about ... if these wiener VCs and guvcorpro-bully boyz want a fork intrigue over this they better show up well prepared ... it's not about the money, it's about sending a message, choose your team wisely.

But adam said bitcoin is for Banks and BigBusiness...  Where the f*ck do you think you are going to fit in that vision? Shining their shoes, perhaps? Bringing the sandwiches?



582. Post 13708604 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: Fatman3001 on January 28, 2016, 11:11:51 PM
Looks like segwit will need to be hard forked. That should finally bring this issue to a close.

why? just combine it with a 2MB hardfork and everybody is happy.

Because segwit will need a hard fork is exactly the reason why the uncertainty over increasing the blocksize will be over soon.  

We will soon enter political negotiations between the main camps where they will horse trade a 'peace' deal which will result in unity, therefore bringing things to a head.

Yah...one problem. They're all nerds. Do you know what that means?

I dunno, but I reckon lunch money would be easy to come by there.




583. Post 13719304 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: BlindMayorBitcorn on January 30, 2016, 12:25:13 AM
^^ You know how Google used to "give away" their searches for free, instead of loading 100s of flashing ads on the page?
Worst mistake.

Your misinterpretation is crazy, and contrary to the infallible teaching magisterium of the Church!
https://bitcointalk.org/index.php?topic=181168.msg2019945#msg2019945

When someone quotes the annotations from the Catholic Bible, spit and yell in his ear: "Get thee behind me, Satan: thou art an offence unto me: for thou savourest not the things that be of God, but those that be of men!!1!"

Well brother, temporal duties and payments exacted by worldly Princes must be paid.

By the time miners get paid, Princes get feck all.....



584. Post 13727549 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: AlexGR on January 30, 2016, 07:36:12 PM

The only way people would pay fees is if miners started declining free or near-zero-fee txs for processing, (or fees were enforced by the protocol or something). But if that happened, you don't get to spam for near-zero cost or zero cost.

Gee, what a good idea. Amazing how its never been thought of before in Bitcoin.....
 
Code:
2016-01-30 21:35:33 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:35:42 receive version message: /bitnodes.21.co:0.1/: version 70002, blocks=395848, us=109.78.0.155:8333, peer=109
2016-01-30 21:35:51 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:35:54 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:36:04 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:36:05 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:36:07 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:36:21 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:36:25 ERROR: AcceptToMemoryPool: nonstandard transaction: dust
2016-01-30 21:36:37 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:36:38 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:36:38 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:36:38 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:36:49 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:36:50 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:36:55 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:36:55 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:37:00 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:37:10 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:37:13 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:37:13 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:37:26 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:37:29 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:37:35 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:37:49 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:37:54 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:37:59 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:38:00 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:38:05 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:38:19 receive version message: /Satoshi:0.8.6/: version 70002, blocks=275686, us=109.78.0.155:8333, peer=110
2016-01-30 21:38:19 Added time data, samples 55, offset +0 (+0 minutes)
2016-01-30 21:38:19 nTimeOffset = +0  (+0 minutes)
2016-01-30 21:38:20 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:38:20 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:38:20 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:38:21 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:38:25 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter
2016-01-30 21:38:26 ERROR: AcceptToMemoryPool: free transaction rejected by rate limiter



585. Post 13728457 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: marcus_of_augustus on January 30, 2016, 10:53:57 PM

[angry stuff goes here...]


Feeling a little strange inside/
A little Dr. Jekyll/
A little Mr. Hyde

Its all just a shadow play



586. Post 13734241 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: gentlemand on January 31, 2016, 04:11:44 PM

I haven't perused that list for quite some time. It makes for some enlightening reading. 1876 nodes in the US. 96 in China. 3 in the whole of India. Malta has more.

I'd say the low number of reported chinese nodes is due to the version message from bitnodes.21.co:0.1/  not getting through the GFC or the response timing out. Im sure the ones that do respond are cleverly proxy'ed.



587. Post 13734487 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: blunderer on January 31, 2016, 04:46:27 PM
Can someone ELI5 why its important for us to have more non-mining nodes in China?

No reason whatsoever that I can see. There is no reason either for a chinese miner to have their nodes in China at all. Could just as easily be hosted on VPS outside the GFC.



588. Post 13740073 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: BlindMayorBitcorn on January 31, 2016, 11:24:52 PM
ohnoes! 365
Sad

I think my brain just bled a little into my nose. Embarrassed

Thats just a capacity issue. Stupid big-brainer fudders (like NatureClassic) think the solution is to simply eveolve a bigger head, but BrainStreamtm have the solution:

We simply remove the parts of your brain you dont really need everyday, and cleverly move them to your anus, where they can grow to whatever size you need. This  gives you an effective increase in your thought capacity of up to 1.75x.

No more bleeding into your nose! ( not that you will be aware of it, anyway)



589. Post 13751131 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.42h):

Quote from: Richy_T on February 02, 2016, 02:27:06 AM

Jackpot!!!

Right on schedule too.   I wonder how many of those we will see in close succession before things get really bad.




590. Post 13761098 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: bargainbin on February 03, 2016, 03:16:22 AM
...
The Four Punch Raiders are real. This picture was painted by a first-hand witness of their pillaging.



The jib covering over [whatever those square sails with "four punch" are called] came out nice Cheesy

Its a fore-course.

I agree, thats the coolest graphic I've seen here for a while. Nice work.  Who's the face on the top left?





591. Post 13771530 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: AlexGR on February 04, 2016, 04:03:02 AM

Bitcoin is ...doomed to scale, except if some catastrophic failure of our civilization destroys the IT industry.


Some day, an engineer is going to wake up and realise. "Oh shit, we forgot to carry the 1.."



592. Post 13772093 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: coins101 on February 04, 2016, 09:38:18 AM
Price when approaching Bitcoin halving in July:

A. Big drop?

B. Big pump?



Definitely gonna pump the living daylights out of it. If you time it well, there's money to be made. But I suspect that it will happen about a month before the first 12.5btc block.



593. Post 13777077 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: Fatman3001 on February 04, 2016, 07:19:16 PM

The Curious Case of Gregory Maxwell & The Lightning Network

https://news.bitcoin.com/the-curious-case-of-gregory-maxwell-and-the-lightning-network/



The routing problem is further complicated because they don't only want to route transactions. They want to take a slice and collect a fee for doing so. This is a fee that will come directly out of the pockets of miners and will make Bitcoin less secure.

Blockstream hobbles bitcoin, gives it a crutch and then tries to take credit that it can walk. If Core loses their position as reference client developers, they should try a career in government.

Greg would make a pretty good banker. Why not give it a try??

Looks like he's making the same mistakes bankers made in the early 2000s as well. Introducing products he doesn't understand and/or doesn't understand the consequences of.

Ha! Bankers don't make mistakes - they still make money either way. And Greg is just realising that he doesn't really need to 'sell' anything now - the deal is done and dusted.

But what I cant get with is the fact that he knows he has no solution to routing, but is willing to pretend otherwise. Seems a dangerous strategy. But maybe its the only game left. And it seems to be working - getting Horizons and AXA onboard ( albeit with a lot less money than they are letting on) is no mean achievement. But it will be the death of Bitcoin as the vast majority of its community understand it to be.



594. Post 13777468 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: jertsy on February 04, 2016, 08:09:33 PM

The Curious Case of Gregory Maxwell & The Lightning Network

https://news.bitcoin.com/the-curious-case-of-gregory-maxwell-and-the-lightning-network/



The routing problem is further complicated because they don't only want to route transactions. They want to take a slice and collect a fee for doing so. This is a fee that will come directly out of the pockets of miners and will make Bitcoin less secure.

Blockstream hobbles bitcoin, gives it a crutch and then tries to take credit that it can walk. If Core loses their position as reference client developers, they should try a career in government.

Greg would make a pretty good banker. Why not give it a try??

Looks like he's making the same mistakes bankers made in the early 2000s as well. Introducing products he doesn't understand and/or doesn't understand the consequences of.

Ha! Bankers don't make mistakes - they still make money either way. And Greg is just realising that he doesn't really need to 'sell' anything now - the deal is done and dusted.

But what I cant get with is the fact that he knows he has no solution to routing, but is willing to pretend otherwise. Seems a dangerous strategy. But maybe its the only game left. And it seems to be working - getting Horizons and AXA onboard ( albeit with a lot less money than they are letting on) is no mean achievement. But it will be the death of Bitcoin as the vast majority of its community understand it to be.

Satoshi might post his opinion backed by his PGP key to stop his creation mutating into something he opposes. His voice could change attitudes faster than anything else. Most of the community would back his opinion because he is the instigator of the Bitcoin project. If he's alive he must be following what's happening to Bitcoin.

He has probably expressed his opinion many times, but was banned for 'trolling core'.



595. Post 13777849 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: orpington on February 04, 2016, 08:39:13 PM

I don't think so. I doubt he would approve of subversive altcoin garbage like "Classic" and the chumps behind it.

 ... as you and your shills sell out bitcoin to the very people it was conceived to bypass.  And not even as an altcoin implementation - but bitcoin itself.

Look at what you have done:





596. Post 13777933 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: BlindMayorBitcorn on February 04, 2016, 09:17:30 PM
^What is it good for Huh

too lambie?

plea in mitigation: I'm hurt, but I try to hide it.



597. Post 13787547 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: BlindMayorBitcorn on February 05, 2016, 08:16:11 PM
Satoshi never used IRC, and he rarely explained his motivations for anything. In this case, he kept the change secret and told people who discovered it to keep it quiet until it was over with so that controversy or attackers wouldn’t cause havok with the ongoing rule change…

….I think that he was just trying to solve an obvious denial-of-service attack vector. He wasn’t thinking about the future of the network very much except to acknowledge that the limit could be raised if necessary. The network clearly couldn’t support larger blocks at that time, and nowadays we know that the software wasn’t even capable of handling 1 MB blocks properly. Satoshi once told me, “I think most P2P networks, and websites for that matter, are vulnerable to an endless number of DoS attacks. The best we can realistically do is limit the worst cases.” I think he viewed the 1 MB limit as just blocking yet another serious DoS attack….

…Satoshi is gone now, so it’ll be “the developers” who set the larger limit. But it has been determined by the majority of the Bitcoin Core developers (and the majority of Bitcoin experts in general) that the network cannot actually safely handle significantly larger blocks, so it won’t be done right now. And the economy has the final say, of course, not the developers.


Its a moot point really. We dont need bitcoins anyway...

Quote from: iCEBREAKER on February 05, 2016, 07:23:51 PM

You don't need to hold Bitcoins to use Bitcoin's blockchain; you only must spend enough to use the blockchain as an immutable ledger (ie, it's tech for hire).




598. Post 13788688 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: BlindMayorBitcorn on February 05, 2016, 08:48:20 PM
https://www.pwc.com/us/en/financial-services/publications/qa-whats-next-for-blockchain.html

Quote
We see three trends related to blockchain that we believe will be important in 2016: incumbents focus on protecting their intellectual property as they explore new collaborative opportunities with customers, suppliers, and competitors; large financial institutions will need strategic plans to set parameters for technology risk taking; and market participants will start to develop the processes that surround the transactional layer.

Wat??

Seems legit.



599. Post 13798852 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: marcus_of_augustus on February 06, 2016, 10:17:34 PM

"The lines cross and omg! catastrophe happens" is the sophisticated wrapper around the bullshit argument "nobody goes there any more because it is too popular".




600. Post 13799424 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: marcus_of_augustus on February 06, 2016, 11:37:45 PM
... let the DDOSing begin now that techignorati who use binaries because they can't build from source are wandering stupidly into the badlands. tally-ho

And that pretty much sums up your scumbag attitude. I bet you have giftcards for sale too, paid for by stolen credit cards. You are a real asset to the core-devs, a like minded fellow traveler.



601. Post 13799482 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: jbreher on February 07, 2016, 12:13:04 AM
If you think the world has enough Bitcoin users as things stand today, you have a point. If you think that use of Bitcoin growing by a factor of more than several dozen percent is desirable, then your point is ridiculous.

What makes you believe that users would feel the urgent need to spend their btc in dust amounts for b/s on a daily basis?
And even if they did, why would that be so good? To look cool waiting half an hour to pay a frappuccino? And at what cost?

For the umpteenth time - the issue is NOT dust transactions. The issue is that, with max block size capped at 1MB, the system is simply incapable of handling more than ~350,000 transactions a day - no matter the value of those transactions. Quit changing the topic. Quit putting words in my mouth. Such is dishonest.

Dust is what they are aiming for by their own admission - the block chain is to become an immutable ledger as opposed to a record of peer-to--peer cash transactions

Quote from: iCEBREAKER on February 05, 2016, 07:23:51 PM
You don't need to hold Bitcoins to use Bitcoin's blockchain; you only must spend enough to use the blockchain as an immutable ledger (ie, it's tech for hire).



602. Post 13803251 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: danielW on February 07, 2016, 11:43:31 AM
Why does anybody push this crazy chaotic, contencious (75% 28 days) hard-fork when we have a far superior solution in segwit.

Could everybody please chill and not belive the FUD about capacity cliff. Bitcoin doing as good as ever.

Because, just maybe, they dont share your blind faith?




603. Post 13803584 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: danielW on February 07, 2016, 12:00:12 PM
Why does anybody push this crazy chaotic, contencious (75% 28 days) hard-fork when we have a far superior solution in segwit.

Could everybody please chill and not belive the FUD about capacity cliff. Bitcoin doing as good as ever.

Because, just maybe, they dont share your blind faith?



Blind faith in what, Gavin?  You think Segwit wont be implemented? Its already running on testnet and wallet developers are working with core devs to integrate. Most wallet devs said its relatively simple.


That statement is just waffle.  Capacity and segwit are 2 different issues. Are you saying segwit is a capacity solution? I'm sure that will be news to its developers as they wrote it to solve a very different problem set.

Or are you suggesting that it is a capacity solution by virtue of its radical reformatting of block structure, and that that is in some way less risky than the 2Mb bump?

How do you feel about the segwit kludge of pushing its commitment into the coinbase tx? You ok with that design approach?  What was the motivation for it? Expediency, efficiency or just so that they would not have to sell segwit as an evil HF?
 



604. Post 13804345 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: danielW on February 07, 2016, 01:24:10 PM


Segwit gives the same capacity increase as your hard-fork,

No it does not. 1.3x to 1.7x in absolute best case. How does it do this? By creating a completely new, arbitrary blockchain. Thats so cool, isn't it?

Quote
if thats not a capacity solution that how is hard fork capacity solution?
HF bumps capacity to 2Mb, Were you not aware of that?

Quote
Its much better tho as its a soft-fork and gives many other improvements.
This is complete bullshit. Its only a SF because of a kludge - which you wont even talk about. Segwit is much bettter as a HF

Quote
Among them it fixes malleability which is needed for much better capacity increases down the line.

How does that effect capacity now or  'down the line'? It does no such thing. You are throwing anything into your argument now.


Quote
The hard-fork offers nothing in that department.

It does not need to. We are not trying to change bitcoin so we can sell it to the banking industry as a private blockchain.
All the 'fixes' you are putting in are at the behest of AXA and the other institutional investors that have bought bitcoin from blockstream.



605. Post 13804663 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: danielW on February 07, 2016, 01:58:55 PM

The expected benefit for standard transactions is about 1.7mb, best case is 4mb. its 2mb for 2-of-2 multisig.

"kludge" Thats a meaningless self-serving propaganda term invented By Gavin The Fudster and friends. What makes it a kludge? Gavin said so? It cleans up the structure and fixes many problems like malleability.


"How does that effect capacity now or  'down the line'? It does no such thing."

Payment channels and lightning network can not work properly without malleability fixed. Segwit does that, hard fork offers 0.

Payment channels and lightning network will enable scaling orders of magnitude bigger then measly chaotic hardfork increase by 1mb.


The core scaling road map is more then good enough. Gavin is causing disruption and chaos because of his ego, once we ignore him price will increase and everybody will be happy.

You know less about Bitcoin than you do about correctly quoting comments... 

You are just shitposting now.  Throwing statements about with no explanation does not help your case.

I mean this :
Quote
"kludge" Thats a meaningless self-serving propaganda term invented By Gavin The Fudster and friends

is about as much quality as you can muster.  Thankfully, you will be forked off to your AXACoin soon enough.



606. Post 13804823 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: danielW on February 07, 2016, 02:26:34 PM
 Throwing statements about with no explanation does not help your case.

So why dont you explain to me what makes it a Kludge?


Also, I tried not insult you so please try and not to insult me.

I never said segwit itself was a kludge. (its inelegant at best)

If you read back to my original post, I asked you about how making segwit SF-able was a kludge.  Maybe answer that question.

segwit should be a HF. Making it a SF is political and destroys most of their credibility.



607. Post 13804869 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: danielW on February 07, 2016, 02:39:23 PM

 The current structure of transactions with the signature being part of it but malleable is inelegant and causes many problems.

Wrong. The malleability isnt a big issue in bitcoin now, but will become more serious with the functionality expansion required for LN.

Its solving a problem that will be brought about by LN.



608. Post 13805339 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: danielW on February 07, 2016, 02:43:08 PM
 Throwing statements about with no explanation does not help your case.

So why dont you explain to me what makes it a Kludge?


Also, I tried not insult you so please try and not to insult me.

I never said segwit itself was a kludge. (its inelegant at best)

If you read back to my original post, I asked you about how making segwit SF-able was a kludge.  Maybe answer that question.

segwit should be a HF. Making it a SF is political and destroys most of their credibility.

Again why is segwit as soft-fork a kludge? because Gavin the FUDster said so? Its a much better to have soft-forks then hard forks and allows capacity to be increased immediately. With hard forks the entire network has to move before anybody gets benefit.

Is not the big motivation to increase capacity?

Quote
How do you feel about the segwit kludge of pushing its commitment into the coinbase tx? You ok with that design approach?  What was the motivation for it? Expediency, efficiency or just so that they would not have to sell segwit as an evil HF?



609. Post 13805939 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: iCEBREAKER on February 07, 2016, 04:19:55 PM
... let the DDOSing begin now that techignorati who use binaries because they can't build from source are wandering stupidly into the badlands. tally-ho

And that pretty much sums up your scumbag attitude. I bet you have giftcards for sale too, paid for by stolen credit cards. You are a real asset to the core-devs, a like minded fellow traveler.

Don't blame the messenger.

It's just reality that Bitcoin cannot be DDOSed but Classic can and will be.  The antifragile project deserves to live, the wimpy fork does not.

Better post here while you still can.  I expect your ISP will be nuked from space shortly after you turn on your obnoxious Classic troll node.   Grin

When you phone in to cry to customer service, be sure to tell them you were running a server on your residential connection, and that server effectively painted a giant target on their back(bone).

Scumbag tactics, so you are no better than a scumbag, right? Should we expect anything better from you?

Its just an example of the low-lifes that core devs now associate themselves with.  

How is your plan for removing the need to hold bitcoin to use the Immutable ledger going?

Heh, you cant hold the argument, so its dDos...





610. Post 13806120 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: iCEBREAKER on February 07, 2016, 04:37:52 PM
Segwit gives the same capacity increase as your hard-fork,

Segwit is accounting fraud. It actually has higher bandwidth demand than a simple blocksize bump of equal effect.

Your post is linguistic and conceptual fraud.  There is nothing "simple" about a contentious hard fork.

Segwit is an elegant solution to numerous extant problems, and the opposite of Classic's hacky, kludgey, hamfisted, simpleton approach.



Thats about as intellectual as your arguments get.  Nice Core-Troll.



611. Post 13807525 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: BlindMayorBitcorn on February 07, 2016, 06:30:22 PM
https://bitcointalk.org/index.php?topic=1347.0

Applying this patch will make you incompatible with other Bitcoin clients.
+1 theymos.  Don't use this patch, it'll make you incompatible with the network, to your own detriment.

We can phase in a change later if we get closer to needing it.

I don't think Satoshi would be hip to these new implementations. There. I said it. Undecided

What? Read down a few posts and he says this:

Quote
It can be phased in, like:

if (blocknumber > 115000)
    maxblocksize = largerlimit

It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete.

When we're near the cutoff block number, I can put an alert to old versions to make sure they know they have to upgrade.

Dont be a slacker, BMB!! 




612. Post 13815054 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: BitUsher on February 08, 2016, 01:37:37 PM
I'm pretty confident Classic will fail to gain consensus. Core will win this battle & then we can forget about all this crap & look forward to the halving.

The great news about all this infighting , is if bitcoin can survive this, than it shows how resilient it is to politics changing the protocol on contentious issues. Once this chapter is behind us there will be no doubt that blacklists, KYC will have no place in the protocol or the 21 million limit would ever be changed.

2 more months and this will be behind us.

On the other hand, if core fails, it will prove that 3 or 4 devs cant take a codebase written and developed by hundreds over 7 years and sell it to the highest bidder for their own gain.

PwC? GTFO!
AXA? GTFO!

Private Shares in Blockstream worth millions? GTFO!

Google/USGov - USGTOR Lightning networks - no thanks!

ps: why cant the 21m not be changed via a segwit like soft fork?



613. Post 13815339 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: hdbuck on February 08, 2016, 02:50:33 PM

Hum so, basically you just go for anything strangers tells you to, putting literally YOUR money at risk at every corner??! just wow. Undecided


No, that is called "Supporting Core".

And its not YOUR money anymore - Its AXA/Horizons. So be careful you dont get it grubby with your filthy hands before they can collect it via LN.

Thank You.



614. Post 13817398 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: iCEBREAKER on February 08, 2016, 04:27:37 PM

And the stampeding herds of noisy Gavinista Lolcows are more comedy than adversity.







615. Post 13820066 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: marcus_of_augustus on February 08, 2016, 10:34:21 PM

yes, I guess I just don't understand the system ... that must be it.

Now, doesn't that feel better?  You dont need to complete the 12 steps now.

You are cured. Go home.



616. Post 13820586 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: BlindMayorBitcorn on February 09, 2016, 12:05:48 AM
bitcoin protocol compromised?

Nah, it's just been captured by a neckbearded junta of would-be technocrats and central planners. The centralized channels of communication have been sanitized in an effort to maintain imaginary control. As their grasp on the reins of illusory power tightens and the reins fray to the strength of a single thread... you will hear the staccato keyboard taps of their enablers reach a fevered pitch. They've gathered up a $76MM war chest, obtained by promises that they have everything well in hand. The best lie (and VC pitch) is the one you believe yourself.

Good news tho, the ones who solve the blocks that facilitate the whole shebang... are beginning to wise up to what's going on. They won't be ceding their future profits to their future competition.



The darkest hour is just before the dawn.

I know of at least 3 sidechain projects in the works. Do you think a sidechain will be worth less after a hard fork brings more capacity? Do you think Blockstream will be held legally accountable?

Hasn't bluematt just solved all  our problems?  1.5Mb HF with SW discount reduced to 50% ?  

Must be getting kinda hot in core about now....



617. Post 13820698 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: adamstgBit on February 09, 2016, 12:21:33 AM
Segwit is more like 1.3MB equiv, to 1.75MB equiv in a rosy scenario. It also gives a heavy discount to signature heavy transactions like the vaporous LN. Most importantly, the "soft" fork method allows no room for protest at the node level.

It has the added "benefit" of leaving all non segwit nodes in a half broken state, not able to fully validate. All done without their request or permission.

way to understate segwit.

1.75x incess is HUGE!

scaling bitcoin isnt about how big we can make the blocks, but how efficiently we can use block space

Thats a bit mad really, isn't it?

Needing to use space more efficiently, when in reality its not in short supply at all.  Except that it is decided to be.
And by increasing complexity?  hmmmm.

1st world problems, eh?



618. Post 13825469 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: Fatman3001 on February 09, 2016, 12:21:19 PM

It's almost as if people are genuinely using Bitcoin.


zOMG! Kill them with fire!!   Cheesy

(or LN)



619. Post 13830793 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: BitUsher on February 09, 2016, 07:52:13 PM

Carnival and the jazz fest are much better. Mardi Gras is more for alchoholics and immature boys who are impressed by a set of tits.

For that reason alone I will support Classic, just to make sure I'm on a different fork to you and your JazzCoin.  /s

Come on PissPukeFunCoin!!



620. Post 13835829 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: JorgeStolfi on February 10, 2016, 02:39:23 AM
 Or perhaps they are periodic settlements of arbitrage trade, generated by Blockstream's Liquid tool.


Interesting point. How prevalent is the use of Liquid among Chinese exchanges? ( assuming your figures were limited to them)

I would have thought that any good settlement system should make almost zero impact on the market unless its strongly directional.



621. Post 13838593 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: Hunyadi on February 10, 2016, 02:40:52 PM
Hmm, only $3 more growth for ETH (+53%) and it reaches 1/10th of Bitcoins market capitalization and there doesn't seem to be any serious dumps comming...  Undecided

Where can I short ETHs?

Poloniex

ETH pumpers right now:
https://www.youtube.com/watch?v=zZuH4_Zn6YM

I've set that as the backing track on my FusionCap screens.  Its strangely reassuring.



622. Post 13839759 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: adamstgBit on February 10, 2016, 04:59:31 PM
Bitcoin was intended to have a scripting lang   like Ether, but it was taken out for security concerns.
with Ether we can have our "smart contracts" and what not without having to expose BTC  to security issues.
good good.

Not taken out - just had some functionality disabled.

Segregated witness fixes this problem. It will allow bitcoin to run more complex scripts and opcodes than currently possible.

Well, thats the theory anyway...  I suspect that actually trying to implement this will create new holes that will require a great deal of time to fully investigate.
But if its done right, then it should *could* be functionally capable as Ethereum.



623. Post 13839845 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: BlindMayorBitcorn on February 10, 2016, 05:32:23 PM
https://github.com/bitcoinclassic/bitcoinclassic/releases/tag/v0.11.2.cl1

Bitcoin Classic 0.11.2
@gavinandresen gavinandresen released this a day ago

So, now it is Blockstream against Bloq Inc...

Quote
Bloq has five customers, including bitcoin startups Circle Internet Financial Ltd, ItBit Trust Company LLC, and KnCMiner AB, and expects to soon add Foxconn Technology Group, which assembles iPhones and other electronics. Garzik said Bloq has raised less than $250,000 from his co-founder Matt Roszak's Tally Capital. The company's board of advisors includes bitcoin experts Andrew Filipowski, James Newsome, Nick Szabo, and Gavin Andresen.

If you want your own altcoin based on bitcoin hire Bloq guys?!

http://www.bloomberg.com/news/articles/2016-02-10/want-your-own-version-of-bitcoin-hire-this-guy

"Companies know who to call at 3 a.m. if the blockchain is melting down."

dafuq?

Its worse than that, BMB, I gave them your number....   Shocked



624. Post 13843594 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: marcus_of_augustus on February 11, 2016, 12:20:30 AM


the kiddiefight has all been in here and on reddit ... if you followed the actual dev forums it's all quite sanguine, which makes Gavin Hearns and now Jeff's blog outbursts all the more surprising, like intentional "playing to the mob" ... who are they trying to convince, certainly not other devs.

who knew bitcoin was so centralised and authoritarian?  Pesky upstarts like Gav and JGarzik. The cheek.

No wonder you are a.n.g.r.y.



625. Post 13843673 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: marcus_of_augustus on February 11, 2016, 12:34:56 AM


the kiddiefight has all been in here and on reddit ... if you followed the actual dev forums it's all quite sanguine, which makes Gavin Hearns and now Jeff's blog outbursts all the more surprising, like intentional "playing to the mob" ... who are they trying to convince, certainly not other devs.

who knew bitcoin was so centralised and authoritarian?  Pesky upstarts like Gav and JGarzik. The cheek.


not upstarts, just has-beens trying to free-ride on past glories using politics instead of producing da code .... meritocracies are hard for shirkers and has-beens

meritocracy my arse.  Corporate sell outs running core now. Wait for LN - with USG-TOR coin adaptor from former USG devs (roasbeef) and...

Ha! No, sorry, I just cant do your shit. Its too hilarious.



626. Post 13847075 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: Fatman3001 on February 11, 2016, 10:12:45 AM
Well , I am glad this is over and we can move on to improving the bitcoin ecosystem?

https://medium.com/@bitcoinroundtable/a-call-for-consensus-d96d5560d8d6#.3219xm7af


Fin

I'd be hodling BTC for dear life now. In fact, I am.

That piece is the reason we are having this debate - from the first line its looking for consensus in the sense of "do not attempt to make any changes..."

In what universe is that consensus? That is coercion. If you are so happy that you are on the right side, then let this happen. If everyone ignores it and carries on as before, then it is a non issue. But why this fear? Because they know this has a real chance of happening.

But seriously, if that letter is in any way legit, then this mofo deserves to go down in flames.

The only comfort is that Hilliard and Corem are signatories, and anything with their name on it usually stinks of deceit.



627. Post 13847152 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: Fatman3001 on February 11, 2016, 10:18:19 AM
Well , I am glad this is over and we can move on to improving the bitcoin ecosystem?

https://medium.com/@bitcoinroundtable/a-call-for-consensus-d96d5560d8d6#.3219xm7af


Fin

I'd be hodling BTC for dear life now. In fact, I am.

Why does this seem so self-evident? What do you guys see I don't?

All I see is a bunch of missing names.

Those companies represent over 70% of the hashing power.


If you remember a few weeks ago, Classic had around 70% of hashing power, but apparently, that was "not the issue" and was not "indicative of emerging consensus" etc. etc.

I have a feeling that letter is a fraud ( or at least grossly misrepresents certain views) based on at least 2 of the signatories. Its the kind of thing you would expect when Classic has almost 1/3 the nodes of Core 11.2.  I imagine a whole lot of frantic canvassing/pleading has been going on in the background, and people like to keep people happy when they call to the door.  The real vote will be adoption. It either gets 75% or it does not.




628. Post 13847273 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: marcus_of_augustus on February 11, 2016, 10:35:04 AM
Well , I am glad this is over and we can move on to improving the bitcoin ecosystem?

https://medium.com/@bitcoinroundtable/a-call-for-consensus-d96d5560d8d6#.3219xm7af


Fin

I'd be hodling BTC for dear life now. In fact, I am.

In what universe is that consensus? That is coercion. If you are so happy that you are on the right side, then let this happen. If everyone ignores it and carries on as before, then it is a non issue. But why this fear? Because they know this has a real chance of happening.

But seriously, if that letter is in any way legit, then this mofo deserves to go down in flames.

So. A.N.G.R.Y?

Absolutely.  



629. Post 13847507 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: yugo23 on February 11, 2016, 10:52:10 AM

Why is it a bad thing?

If all miners agree on that well it's more or less the only thing that can be done no?

No, you are right, if this is what the consensus is, then thats what it is.

I'm worried that it seems the impetus is to cut it off before it can be established by the means with which it was originally intended to be reached - by running the software of your choice.



630. Post 13849227 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: BlindMayorBitcorn on February 11, 2016, 02:05:43 PM
ETH is seeing the bubble meant to be for bitcoin. Everybody is "waiting for the consolidation" to get in...

Sounds familiar!? > ETH is 2011 all over again.



any doubts?
We talk Lightning while they steal our thunder. Didn't see that coming.

Quote
In the next 3 weeks, we need the Bitcoin Core developers to work with us and clarify the roadmap with respect to a future hard-fork which includes an increase of the block size.

They Think Its All Overtm



631. Post 13849245 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: BitUsher on February 11, 2016, 02:09:45 PM
the general investing ecosystem is now at ease that a contentious HF is no longer on the table.

Quote
In the next 3 weeks, we need the Bitcoin Core developers to work with us and clarify the roadmap with respect to a future hard-fork which includes an increase of the block size.

It depends on how you strong arm the miners I suppose.



632. Post 13852890 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: Fatman3001 on February 11, 2016, 03:15:19 PM
Please elaborate, specifically.

I'll try

We shouldn't hold any grudges against most Classic supporters and welcome them back in as our temporarily lost brothers in an act of solidarity.

The inverse of this sentence is that there are some bitcoiners who are not welcome any more in the community. There is also an appeal to solidarity and forgiveness towards those who were "mislead" into "false" beliefs. Those who genuinely betrayed the collective needs to be punished, those who simply were mislead will be forgiven.

Unfortunately, I believe this drama will only temporarily go away. There were indeed many genuine XT/UL/Classic supporters but there were also many shills/trolls/  agent provocateurs supporting a contentious HF. Bitcoin is competing/undermining against some of the most powerful states and corporations and we should prepare for a vicious and difficult fight ahead.

Here you claim that even though the storm may seem to have passed, evil actors are still active among our midst. These evil actors are backed by evil constellations and thus deserve no sympathy whatsoever. You point out the traits by which they can be identified as a passive encouragement to them being identified and punished by the collective. At the end you even actively encourage people to "prepare for a vicious and difficult fight ahead".

Quote
Part of this is educating people towards the true principles of bitcoin, as many are still advocating code be written under the governance of democracy which would be tragic and goes against our current meritocracy consensus based development framework. As we grow our ecosystem this will remain a constant challenge we must overcome as most humans have been programmed to believe democracy is the best form of governance available.

Then you reiterate the dogma of the one and only way forward and basically warn against the horrors of the peoples rule and independent thought in the collective. To top it off you sound an alarm of the struggles of the future and promote eternal vigilance in the collective.


This rhetoric is used regularly among collectivist populist authoritarian regimes to signal a purge in the population and maintain discipline.




633. Post 13852902 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: BitUsher on February 11, 2016, 03:31:46 PM
Which "general anarchist thought" would that be?

 but if you insist, principally agorsim and anarcho capitalism,

You run the risk of only attracting dyslexic wankers with that definition.



634. Post 13860535 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: BlindMayorBitcorn on February 12, 2016, 01:39:07 PM
http://www.riddellwilliams.com/blog/articles/post/hard-fork-conspiracy-treacherous

Quote
The current proposed “hard fork” replacement software seems at first blush to be a reasonable way to solve Bitcoin’s growth issues. However, due to the lack of consensus of applicable Bitcoin network participants, the enactment would create serious legal consequences for the creators of the new replacement software, unless the creators adhere to the rules of MSB registration and compliance.

Bitcoin will now protect itself by using the LAW!   Grin Grin  Decentralised much?  Such anitfragile.

That article is mostly wank.

Quote
There are also numerous state statutes prohibiting computer crimes which could be applied to miners who unilaterally convert bitcoin into a new type of virtual currency. Bitcoin users have a business expectation that their Bitcoin transactions will be processed by miners using the established Bitcoin protocol, and miners should be cautious about interfering with this expectation.

If anyone thinks these statements are true wrt bitcoin, then they need to study it again.



635. Post 13862697 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.43h):

Quote from: bargainbin on February 12, 2016, 03:52:02 PM

I like that it leads with catty insinuations...
Quote
I would be interested to know whether Friedberg developed these interpretations while pursuing client work, or if he and his firm are just really into Bitcoin. I have to assume the former, since I am hearing rumors that some of the competing Bitcoin development teams are attempting to use lawyers to stop, or at least chill, the actions of others.
And ends with
Quote
In summary, I believe I have fully refuted all of Friedberg’s perspectives on these matters. It’s sad that the legal world is so behind when it comes to Bitcoin.
In conclusion, I belie I have fully refuted all of Friedberg’s perspectives on these matters, i.e. Libya is a land of contrast. Thank you.

I think you make yourself look mildly silly when trying to 'refute' an article of that nature. It was not meant to stand up to scrutiny, just to look credible for long enough to make an impact.  No point in arguing the specifics of the law - they are probably correct per se.

Its best to just sit back, point to it and laugh uncontrollably.  Preferably into the authors face after a golf classic.



636. Post 13871635 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: Cconvert2G36 on February 13, 2016, 12:47:32 AM
I don't know all about that purge non-sense ... we shouldn't stoop to their level and use violence, torture, kidnapping, and murder to effect change when we can write code and peacefully opt out of funding various crimes against humanity.
-snip-

Whoa brother... I was thinking more of deleting their comments and banning them from subreddits... followed by a little gentle DDoSing, no need to go that far.


Welcome to the deep dark recess that is the mind of BitUsher.

Please note: Blockstream are not responsible for family members who may go missing during the transition.





637. Post 13872362 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: BlindMayorBitcorn on February 13, 2016, 03:01:38 AM


This sinister sounding abbreviation keeps popping up.

Quote from: gmaxwell
BlindMayorBitcorn, I can't help but observe that flooding a thread with tripe-- as you appear to be doing-- when it isn't going your way is literally straight out of the GCHQ public communication subversion playbook.

I really ought to know what this is I'm a part of.

Its not sinister. Imagine the CIA, but drinking more tea.



638. Post 13872667 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: BitUsher on February 13, 2016, 12:42:29 PM
Meanwhile ... 21 releases better code using the new CLTV opcode to setup a micro-payments channel to dramatically increase capacity with no need for a blocksize limit increase, and no added network tradoffs. Works with any device and free to use.

https://medium.com/@21/true-micropayments-with-bitcoin-e64fec23ffd8#.t2iij7v71

This will not be as inexpensive and powerful as the lightning network but is a great solution to resolve current capacity "problems" immediately.



"Peer to peer electronic payments without the need for a trusted 3rd party"

Quote
Bitcoin micropayments: as easy as opening a bar tab
How does this technology work? A good analogy is the idea of a bar tab. When you go to a bar, you typically put down a credit card to open a tab, enjoy your food and drinks, and then close out the tab at the end of the night.

Bar tab? You trust the barman not to skim your CC?
You trust the customer to not do a runner?(0-conf,anyone?\)

Do you really think this is better? Is this "moving forward"?

 Huh





639. Post 13873889 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: hdbuck on February 13, 2016, 06:01:49 PM




sure.

Less of the gratuitous self-promotion, please, hdbuck. This is not the X-factor.



640. Post 13874235 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: BitUsher on February 13, 2016, 04:49:23 PM
Meanwhile ... 21 releases better code using the new CLTV opcode to setup a micro-payments channel to dramatically increase capacity with no need for a blocksize limit increase, and no added network tradoffs. Works with any device and free to use.

https://medium.com/@21/true-micropayments-with-bitcoin-e64fec23ffd8#.t2iij7v71

This will not be as inexpensive and powerful as the lightning network but is a great solution to resolve current capacity "problems" immediately.



"Peer to peer electronic payments without the need for a trusted 3rd party"

Quote
Bitcoin micropayments: as easy as opening a bar tab
How does this technology work? A good analogy is the idea of a bar tab. When you go to a bar, you typically put down a credit card to open a tab, enjoy your food and drinks, and then close out the tab at the end of the night.

Bar tab? You trust the barman not to skim your CC?
You trust the customer to not do a runner?(0-conf,anyone?\)

Do you really think this is better? Is this "moving forward"?

 Huh


The "barman" is merely a payment channel script(not a human) that uses the bitcoin blockchain for an Extremely fine-grained realtime billing.
Quote

Reduces the need for trust. Neither the merchant nor the customer needs much trust in the other person or any third-party, as the same cryptography used to secure regular Bitcoin transactions is used to secure the micropayment channel. Losses in low-trust situations are bounded and quantifiable; the worst a merchant server can do to a client using micropayment channels is to abscond with an initial transaction of 3000 satoshis without delivering a digital good. If compared to the much larger losses that can be incurred by trusting an insecure merchant server with credit card details, this is a step forward. Put another way: while pre-existing trust reduces transaction costs, establishing trust costs time — which is itself a form of transaction cost.


The consumer places the initial deposit in which the merchant can delay delivering a good/service or use other 0 Conf algo's to detect fraud in conjunction with the payment channel if a delay is not in their interest. Thus the risk is 1 US penny for the consumer. Yes, this is moving forward and very useful.

The lightning network will be superior , but this is much better than what existing payment processors are using.


Not that it matters ... but since you are such a Satoshi Fanboi here is another fact for you-

Quote
The tech has a long history in Bitcoin — it was actually originally imagined by Satoshi Nakamoto when he designed two features called nSequence and Locktime, and a variant of it was later implemented by Matt Corallo and several other developers in BitcoinJ.



It still requires trust, but as you say, for such small amounts its probably a moot  point.  I do actually like it, but I get such a buzz from winding you up that I just had to say it.  Cool




641. Post 13874535 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: BitUsher on February 13, 2016, 07:14:51 PM
It still requires trust, but as you say, for such small amounts its probably a moot  point.  I do actually like it, but I get such a buzz from winding you up that I just had to say it.  Cool

I appreciate your honesty with being a troll... but we really do not need this distraction right now as we need to work together on finding solutions to increasing capacity and scalability.

Is it just me, or does that really make you sound like a sanctimonious git?




642. Post 13875006 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: BitUsher on February 13, 2016, 07:53:01 PM

They seem to be 50% of this forum. Gmaxwell buddying up with them in the echo chambers isn't reassuring either.

I have noticed perhaps 2 that may fit that crowd on this forum off the top of my head. The MP crowd doesn't interact much here and typically stay on bitcoin assets. You realize the MP has made death threats against multiple people included Core devs, right? Core devs don't typically get along with that crowd, they have their own ecosystem and own implementation of bitcoin that is separately maintained.

I think most casual observers would be hard pressed to separate the MPfags from the more extreme core fanboys. They occupy the same frequencies on the fundamentalist spectrum. Conversely, most big blockers would simply like the opportunity to choose. The manner in which that has been denied would make any moderate person worry for the governance of Bitcoin.

I've no issue with the label of troll. I was labelled a troll ages ago for merely having the opinion that bitcoin value should be based less on foolhardy speculation and more on utility. So it goes.



643. Post 13875059 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: orpington on February 13, 2016, 08:37:42 PM
It still requires trust, but as you say, for such small amounts its probably a moot  point.  I do actually like it, but I get such a buzz from winding you up that I just had to say it.  Cool

I appreciate your honesty with being a troll... but we really do not need this distraction right now as we need to work together on finding solutions to increasing capacity and scalability.

Is it just me, or does that really make you sound like a sanctimonious git?



It's just you.




644. Post 13876235 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: iCEBREAKER on February 13, 2016, 11:29:41 PM
Bitcoin now has a rather nice flag formation after the rise from 200-500 with little media fanfare. The alt's are waking up and the halving is approaching. The only thing keeping bitcoin back is the blocksize debate which will soon resolve either by a HF with majority of miner support, or with Core acquiescing to the demands of the market and miners (3 weeks!) and fixing a 2mb blocksize HF in the roadmap.

It isn't hard to see a perfect storm for bitcoin during times of further turbulence in the major markets, where negative rates are being introduced in Western economies as central bankers start to lose control. Previously there has been a hunt for return and yield with QE and cheap money post 2008 being used by banks to bid up stock markets and levitate asset prices. ZIRP has turned everyone into a speculator with cash offering negative returns and the markets looking crash prone now bitcoin may start to look mighty attractive as an asset class in the coming months with it's unique monetary properties.

The 1st world has had de facto ZIRP/NIRP for decades.

But now the mere mention of de jure wealth confiscation sets off rallies in hard liquid assets like gold/Bitcoin, silver/Monero, and platinum/Ethereum.

What a difference appearances make!

Finally, my doomsday portfolio goes green!   Cool







645. Post 13880712 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: madmat on February 14, 2016, 11:18:06 AM
Yes!
Bitcoinwisdom shows $400 on average!!
Welcome back!And please stay!!!

Why's it gone over $400 on stamp? Is there no real reason or has something happened to pump up the price? I can't find any giant events that are responsible for it like the US government has decided to ditch the dollar and switch to using nothing but bitcoin.

First classic block.

Look at the version of the block :
https://blockchain.info/fr/block-height/398364

 Cool 



646. Post 13891195 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: hdbuck on February 15, 2016, 10:30:13 AM
There's plenty of code, there's plenty of stubbornness, there's not enough analysis. The block size problem should have been dealt with two years ago. And if someone had done the legwork back then it would have been done two years ago. The one project trying to do this kind of stuff, ledgerjournal.org, is run by a fairly controversial member of the community. His project needs to be strengthened and there also needs to be different voices on the scene. If you want to make a difference in Bitcoin then this is a good entry point.

I didn't know about ledgerjournal, thanks.

ledgerjournal is run by a charlatan.
bitcoin could not care less about academics circlejerkers

hdbuck is very particular about the circles he jerks in.



647. Post 13907907 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: gentlemand on February 16, 2016, 09:13:10 PM

What does that mean for the technologically disabled such as myself and the many others here too ashamed to admit it?




648. Post 13908753 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: Cconvert2G36 on February 16, 2016, 10:56:18 PM
That does not compute.

Advancements in asics does not equal higher value.

Silly fat man. New chip deployment = mewn... k?

Meanwhile...



Come on in panicking global economy! The mempool's fine!




649. Post 13913686 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: BitUsher on February 17, 2016, 01:21:01 AM
Banks discover they can use shared merkle trees (git) to track and organize their data instead of excel spreadsheets.

https://www.hyperledger.org/news/announcement/2016/02/hyperledger-project-announces-30-founding-members

 Cheesy

They still don't understand why they are fighting a losing game.

Quote
Since announcing the intent to form in December, the Hyperledger Project has received proposed code and technology contributions from several companies, including Blockstream,

Yeah, buddy, You said it.



650. Post 13917208 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: BlindMayorBitcorn on February 17, 2016, 04:48:00 PM
No one wants to comment the price and the fact that we're pushing this fucking red cliff hard? Grin

Vitalik, along with other investors will need to make regular dumps to sustain development. The warning sign was all the spam we were seeing promoting ether and indicating a manipulated pump occurring to prepare for the dump. It will be interesting to see what Sergio Demian Lerner turing complete scripting softfork for bitcoin does to ethereum as well. It won't directly compete with Ethereum abilities but make much of it redundant and unnecessary.

Wait. Wat??

I thought this was a bad idea?
https://bitcointalk.org/index.php?topic=431513.20

Too long in this shit to see hype and pump pretty clear...ETH is still in alpha...there was no reason for the price increase except pure speculation

I don’t understand how a Turing complete scripting language can be implemented in Bitcoin. Smart contracts will burn Ethers to avoid looping. How will Rootstock handle it?

Interesting tidbit from that thread:

In response to a suggestion that Etereum might
Quote
Assume they will adjust the fees in a reasonable way.

Greg  indignantly responds with :
Quote
That doesn't doesn't sound like the kind of assumption permitted in a trustless decenteralized system. If you're willing to trust specific parties to do specific things— the design of paypal is far more efficient.

You couldn't make this shit up if you tried.



651. Post 13923846 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: BlindMayorBitcorn on February 17, 2016, 11:12:04 PM
This Time Bitcoin's Price Increase is Both Logical and Sustainable

 Smiley

This timetm



652. Post 13929380 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: BitUsher on February 18, 2016, 04:05:26 PM

There are many of us that are so secure about this future that we are willing to make exceptional sacrifices to make it happen.

If you were 'secure' you wouldn't need to work so hard. You are as far from "secure" as you are ever likely to be.

I'd say "scared shitless that the common dross realise that you are lying to them" would be a more accurate assessment.



653. Post 13929392 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: BitUsher on February 18, 2016, 04:25:54 PM
WTF does that mean? This isn't one of your anarcap hugging sessions. Are you going to suicide bomb MIT or are you going to drink an extra can of Red Bull and code a bit more?

Why would violence even be an option if you know I follow the non-aggression principle ? You have a very odd perception of our values. We are very motivated to keep the true nature and purpose of bitcoin alive...

You are sounding more and more like a Cultist every day.



Quote from: BitUsher on February 18, 2016, 04:05:26 PM

There are many of us that are so secure about this future that we are willing to make exceptional sacrifices to make it happen.



654. Post 13930796 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: Fatman3001 on February 18, 2016, 05:35:29 PM
We want an armored truck, not a safe on castor wheels pulled by a horse.

We are building a tank with hardened steal, exploding anti- tank missile panels, advanced engine and suspension components for maneuverability, and a more efficient engine to carry a larger capacity and more ammo...

You simply want to double the weight of the tank and throw a bigger cc diesel engine in her that guzzles more fuel.  


Post of the day right there...  Cool



655. Post 13930970 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: BitUsher on February 18, 2016, 06:53:44 PM
I don't understand. Isn't the size of blocks the limit for number of tx?

Even if you change the network, a XMB block can still contain only an amount of Tx's proportionnal to X no?

No , the LN is a extremely efficient caching layer that doesn't involve trusting third parties and can settle much higher txs.


you have absolutely no way of knowing if that is going to be true or not in the future   You are being either deliberately disingenuous or you have no idea the current state of flux within LN design ( because despite having a mock up running, it is still very much at the design stage)

** apologies if my posts are a bit behind the curve. Busy day on Classic.



656. Post 13931069 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: bargainbin on February 18, 2016, 07:41:26 PM
^Blitzkrieg = Lightning Network? My German is shit.

you already nailed it with BlitzNetwerk.  Too funny.




657. Post 13931886 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Why the silly word games?

Quote
Peter Todd ‏@petertoddbtc  8h8 hours ago
@olivierjanss @Excellion What's relevant here isn't Bitcoin Core vs Bitcoin Classic, but rather, Bitcoin protocol vs Classic protocol.
3 retweets 7 likes

By that definition bitcoin died with the original 32Mb -> 1Mb drop. Its core protocol v. Classic protocol.



658. Post 13937906 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: hdbuck on February 19, 2016, 12:55:51 PM


satoshi fodder?

It can be phased in, like:

if (blocknumber > 115000)
    maxblocksize = largerlimit

It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete.

He wanted to remove the 1MB blocksize limit by March 2011


But he did not.. and gavin met with the CIA.

He did not. Instead he left.

And we are unable to do it apparently. The pussies that we are.


Poor orphans Sad

Still I would simply not want any new 'benevolent' daddy messing around with the protocol's holy parameters I bought into.

This is Bitcoin, its values thrives from the trustleness and the inability from any egomaniac dev to usurp it.



... bought into.. pffff

You've been shorting bitcoins for two years. You just want to see it burn.




Nice comeback, hdbuck!!  You pussy.



659. Post 13937929 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: findftp on February 19, 2016, 11:05:02 AM
This present situation has been very disappointing to watch unfold.

Hmm...



http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-August/010238.html



That silly fake email. That was the beginning of the desperation phase for Core.




660. Post 13939620 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: BlindMayorBitcorn on February 19, 2016, 03:50:17 PM
Epic copy-pasta!

Quote
A Call for Consensus

James Hilliard
Pool/Farm Admin
BitmainWarranty


Poolboy more like. FFS.



661. Post 13942701 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: adamstgBit on February 19, 2016, 04:41:52 PM
Epic copy-pasta!

Quote
A Call for Consensus

James Hilliard
Pool/Farm Admin
BitmainWarranty


Poolboy more like. FFS.

do you disagree with there open letter?

would you feel better if i signed it?  Cheesy Cheesy

About 2 of those names are worth anything. All the rest are fluff - bar Hilliard. He is just a fraud misrepresenting himself as "Bitmain" (He is not)



662. Post 13942704 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: Cconvert2G36 on February 19, 2016, 06:05:05 PM
Epic copy-pasta!

Quote
A Call for Consensus

James Hilliard
Pool/Farm Admin
BitmainWarranty


Poolboy more like. FFS.

Hey, that name looks familiar. Nice of them to include such a srs businessman, and near the top too.

Such timing on the Sybil attack topic!

/PseudoNode:0.11.2/ is here.



One of the first ones... gone now, was more interesting than the rest...



 Shocked
https://archive.is/JEav8




One and the same.  A complete fraud.  



663. Post 13942823 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: blunderer on February 19, 2016, 09:47:56 PM
Oh yeah, we still have that concentrated mining problem. Fuck.

I think this could just be a temporary problem depending on what happens with new hardware like bitfuy's mining lightbulbs, the 21inc machines ...

I guess when every screw-in light bulb in US is replaced with Bitfury's "Remember to NOT shut off your lights" bulbs...

Yeah, mining lightbulbs are a colossally stupid idea, but Bitfury makes really efficient chips and it's their mines outside the U.S. AND China that could make Bitcoin truly censorship resistant.

But if electricity costs are lower in China, wouldn't it make sense to mine with more efficient chips there?

Do we all have to sit in the dark then?   Cry



664. Post 13944149 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.44h):

Quote from: adamstgBit on February 20, 2016, 12:06:42 AM
i think this is it!

>440 in a few hours!

I CAN FEEL IT!

..

Reverse Indicator Warning  Shocked



665. Post 13948072 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.45h):

Quote from: iCEBREAKER on February 20, 2016, 09:10:15 AM

But don't take my word for it, read what the CEO of Spondoolies says.

https://medium.com/@vcorem/lesson-learned-from-the-classic-coup-attempt-or-why-core-needs-to-prepare-a-gpu-only-pow-6a9afe18e4b0


That goon Corem's "Altcoin Manifesto" is exactly that- a stupid, petulant ragequit strategy that by any definition is doomed to fail.

But, please, go ahead and try it.  I'm sure you will enjoy your new "Honey Gerbil"......




666. Post 13948190 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.45h):

Quote from: marcus_of_augustus on February 20, 2016, 10:16:29 AM
You know how the big-block arguments are basically bogus? ... in the end they are appealing to cult of personality (Saint Gavin will save them), because their reasoning and logic is ultimately devoid of adequate substance to base technical decisions upon.

You talk some amount of shit.

Argument is : Increase limit now, then release segwit and other solutions when they are ready. (if they ever get there)






667. Post 13948258 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.45h):

Quote from: marcus_of_augustus on February 20, 2016, 10:52:22 AM


that's was just a troll bit to kick things off and get you guys riled up and shooting all over the place, hopefully hitting each other in the process.
I was being stooooopid again.

clarified.



668. Post 13952805 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.45h):

Quote from: Fatman3001 on February 20, 2016, 07:33:40 PM

https://medium.com/@bitcoinroundtable/bitcoin-roundtable-consensus-266d475a61ff#.jq3kwmpb5

It's better than the draft, but July 2017 is a very long wait.

Nothing concrete, just another delay. And a delay was all blockstream wanted.

"Bitcoin and its users can go fuck themselves" seems to be the only take away from this.

But  Blockstreams $76m is secure, so we can be thankful for that.



669. Post 13953638 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.45h):

Another kick in the balls -

Quote from: PeterTodd
Once I get some more sleep, I'll write up a post explaining why I think our hard-fork recommendation is safe

So now to plan b: That hard fork that would kill bitcoin?, well... Its not dangerous at all really.

4 legs good, 2 legs better!!!



670. Post 13953976 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.45h):

Quote from: hdbuck on February 20, 2016, 09:18:06 PM

U R French

U R R3KT

Its bitcoin that is R3KT, you fucking imbécile.



671. Post 13954071 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.45h):

Quote from: hdbuck on February 20, 2016, 09:34:17 PM

sure move along now...

https://99bitcoins.com/bitcoinobituaries/

And miss the pantomime of you convincing everyone that a 2Mb HF was OK all along? Nah. Cant wait for that circus.

For now I will just go back to shorting this pump when I am ready.



672. Post 13954324 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.45h):

Quote from: hdbuck on February 20, 2016, 09:43:39 PM

[...]


First rule of contentious hardfork? Make the fucker CONTENTIOUS!!!


(then simply tell the retards that it's no longer contentious because it suits us)



673. Post 13958381 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.45h):

Quote from: shmadz on February 21, 2016, 12:36:19 AM
This hard-fork is expected to include features which are currently being discussed within technical communities, including an increase in the non-witness data to be around 2 MB, with the total size no more than 4 MB, and will only be adopted with broad support across the entire Bitcoin community.

    SegWit is expected to be released in April 2016.
    The code for the hard-fork will therefore be available by July 2016.
    If there is strong community support, the hard-fork activation will likely happen around July 2017.

So if someone started a purely classic/xt pool and got more than 5% hashing power...

Exactly. If someone ran a purely classic/xt pool and got more than 5% hashing power they should be able to single-handedly prevent any future hard fork of the currently existing bitcoin consensus protocol.

Why do you think there has been no changes to TCP/IP in the last 20 years? Why do you think IPV6 still has less than 1% implementation?

Changes to consensus protocol are not easy, nor should they be.

Nah, Peter Todd has already thought of that. 0.12+ will probably start blacklisting any non-segwit nodes (initially for bootstrapping reasons, but no reason why it cant use it as a banning criteria).
No, it doesn't matter what level of 'consensus' they have, as long as >51% mine on their fork, 95% of the non mining nodes can go to hell.



674. Post 13958443 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.45h):

Quote from: Fatman3001 on February 21, 2016, 12:54:30 AM
^So much evil in the heart of one man. How? Cry

Fat people have enlarged hearts.

Interesting.
How do they have so much darkness in their souls tho?

Well, the idea that the fat person is fat because he/she is a fat lazy bastard is foreign to the fat person. So to make sense of the fact that he/she is in fact fat he/she starts blaming the world.

* I am not referring to the fat person as he/she of PC reasons. It's just very hard to tell sometimes.

I find that too much jaegermeister further dulls my ability to make the distinction, often with hilarious results...



675. Post 13958541 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.45h):

Quote from: marcus_of_augustus on February 21, 2016, 01:13:30 AM
Bitcoin: distributed decentralized money secured by cowardly miners concentrated in China.  There is no plan or code to switch security measures if they get compromised.

Awesome. This is where I keep my life savings.  I'm a fucking genius.

ignored ... i don't know who has taken over the BJA account but it is clear now your aim is to FUD and stir shit at every turn, big-block war pumping, now something new to pump FUD ... you are an enemy of bitcoin.




676. Post 13962111 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.45h):

Quote from: UnDerDoG81 on February 21, 2016, 01:21:27 PM
Always the same scheme. Pump it till 430-450 and sell... Why canīt they simply let it grow?

You need to take that up with Adam Back and Blockstream. If bitcoin wont grow, there is nothing left to do except profit from momentary pumps.

If fools think "1MB4EVA!" and "BTC is cheap" then traders like me who know better* will make a killing.

 Cool


* When the majority of Miners are taken in by slideshows about "how democracy is about wolves and lambz", then you gotta take money from them.



677. Post 13962524 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.45h):

Quote from: Fatman3001 on February 21, 2016, 03:30:52 PM

lol! now friedenbach threatens with a change of PoW.

seems like some part of core is really decisive about being left behind by the community.

It's like a fucking kindergarten.

Although I am no Friedenbach fanboi, I think we agree on this:

Quote from: maaku7

I feel this meeting was antithetical to Bitcoin and no good outcomes were likely

Anyone who still labours under the misapprehension that the roundtable  was a good thing for bitcoin needs to re-examine their understanding of Bitcoin,



678. Post 13963078 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.45h):

Quote from: ImI on February 21, 2016, 05:21:59 PM

lol! now friedenbach threatens with a change of PoW.

seems like some part of core is really decisive about being left behind by the community.

It's like a fucking kindergarten.

Although I am no Friedenbach fanboi, I think we agree on this:

Quote from: maaku7

I feel this meeting was antithetical to Bitcoin and no good outcomes were likely

Anyone who still labours under the misapprehension that the roundtable  was a good thing for bitcoin needs to re-examine their understanding of Bitcoin,

you see, in bitcoin we have only one real built in way to reach consensus, its PoW. apart from that we simply have no way of knowing what the community/economy/... wants. so basically you will always have to have meetups and there will always be somebody who wasnt there. we cant have an election like in other systems. and we cant have a survey that would lead to comprehensive results. we cant have one stake = one vote either.


But its when that chance of PoW is denied that we start t get into problems. That is the true sedition within Bitcoin. It is supposed to be resistant to this, and if left to its own devices it will prove to be so (or not, in which case it will die).

The denial of due process  by organising closed door meetings, where only one side of the argument is presented ( with infantile Powerpoint presentations), is more harmful than any contentious fork.  



679. Post 13964383 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.45h):

Quote from: European Central Bank on February 21, 2016, 08:10:21 PM

The lawyers fees have eaten away a quarter of the funds already and they are stretching their investigation out forever. After the final lawyers fee has been paid there will probably only be enough left to buy a bag of jelly beans. What can you buy with the price of the one jelly bean each person will probably get back?

I sure hope that ain't the case. Is that documented somewhere? Surely there are some type of rules about how much ends up in admin pockets?

 Grin Grin Grin Grin

Now that deserves  a whole box of donuts.



680. Post 13969816 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.45h):

Quote from: BlindMayorBitcorn on February 21, 2016, 11:34:32 PM

When you fight the power for as long as he [we] has...Violence just sort of becomes who you are. Sad

Another quote for the Blockstream mission statement.



681. Post 13982464 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.45h):

Quote from: marcus_of_augustus on February 22, 2016, 08:48:31 PM
it just some more FUD you are spreading like "the LN routing problem" bull made up shit stories. Just stop it if you don't know what you're talking about.

Not according to this post ( point #4)

Quote
I asked why not since it seems to be the main savior for the capacity wars.
 Answer - more needs to be done before LN is viable.




682. Post 13982639 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.45h):

Quote from: marcus_of_augustus on February 22, 2016, 10:07:43 PM
...
you are just plain wrong, likely mis-informed by the company you keep. The necessary LN bitcoin TXs that open and close channels will be immediately identifiable by the bitcoin miners who can demand as high fees as they feel necessary to provide their precious adjudication services for the LN. ...

Interesting point. I wonder why they choose not to up their fees now? You should let them in on this cool thing you've just discovered, they might cut you in on teh profitz Huh

I could have copyrighted the use of "satoshi" for the smallest unit when I standardised/named it,
https://bitcointalk.org/index.php?topic=3574.msg50647#msg50647
that might have been profitable ... but Satoshi deserves all the kudos.

Serious?  Kiba mentioned it first.




683. Post 14014890 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.46h):



Quote from: kano on February 25, 2016, 12:59:56 PM

Hmm, couldn't all the pools just go with 2MB and tell the devs who think they control everything to stop trying to make themselves feel important?

Bitcoin is by design controlled by the consensus of the miners, not by centralised control.
It would seem that there are all sorts of parties trying to control bitcoin and I guess they all simply fail to understand the design.

Doesn't really matter how important devs think they are, if they want to be a relevant part of the blockchain decisions then they need to be miners.

...

BlockStream/Sidechains/SegWit all sounds a lot like trying pointlessly to control altcoins and make something like a partial SPV ... to me.

Moments of Lucidity are Lucid.



684. Post 14021676 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.46h):

Quote from: bargainbin on February 26, 2016, 06:47:31 PM
...
current gen run 4.73TH at 1293 Watts. And no professional miner pays 12c/kWh. More like 1.5-4 cents.

Guys, where's your DIY spirit? Here's some absolutely Atlas-Shruggy Randiana we could paradigm-shift to sub-penny power with a few hydro-disruptors, like that orgone collector powering up BitUsher's solar solo home mine?
Who's with me?



http://gizmodo.com/a-rare-glimpse-inside-a-magnificent-abandoned-shrine-t-1000133696

Just think of the toast he is gonna make.....



685. Post 14058952 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.46h):

Quote from: Cconvert2G36 on March 01, 2016, 07:12:33 AM
yeah baby, 2,5 million BTC in memepool with a total fee of 6 BTC!

https://tradeblock.com/bitcoin/

forkers gotta derp.




Yo hdbuck,

You finally get some success in building The Realest Bitcoin (client)?

They totally weren't making fun of you after you left neither...  Smiley

 Grin



686. Post 14059121 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.46h):

Quote from: BitUsher on March 01, 2016, 11:31:30 AM

Looks like we likely found one of the "spammers" attacking the network -


Thats just one of the sources.   Wink

I thought Core was immune to dDos?

edit:  Ah, I see you are updating your post.  Cool




687. Post 14065336 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.46h):

Quote from: BitUsher on March 01, 2016, 07:59:55 PM
Etherum taking over? What the fuck is this shillcoin even doing at a marketcap of $600mill Huh

Exactly , I am being generous to even entertain hypothetical practical future usage cases of ethereum and have yet to hear someone mention one example. Seems like many speculators are gambling with their btc for a chance that MSFT or IBM starts buying ethereum... little do they know if these corporations ever do start seriously using ethereum it will be on their own fork.

Embrace , Extend, Extinguish.

How soon they forget. MSFT buying into a sell wall of greedy 16 year olds or selling their own fork which has a much higher level of trust and brand recognition than Vitaliks org?

And yet you see Blockstreams influence over Bitcoin as entirely benign?  I cannot fathom how you maintain such a balanced one-dimensional view.



688. Post 14065433 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.46h):

Quote from: BitUsher on March 01, 2016, 09:37:42 PM
[blockstream], they aren't the Illuminati or lizard people plotting to destroy bitcoin.


But you are suggesting that very thing to explain Microsofts interest in Ethereum?

Do you think that maybe there is a possibility this isnt their intention?



689. Post 14093238 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.46h):

Quote from: BitUsher on March 04, 2016, 10:49:23 AM
Appears that the evidence supported our suspicions . This was indeed a spam/ddos attack upon bitcoin and the perpetrators ran out of cash. The unconfirmed backlog is clearing up

https://blockchain.info/unconfirmed-transactions

Bitcoin is certainly resilient.

Ran out of Cash  =  Bitcoin is Resilient!!!

Lets get down on our hands and knees and Praise The Lord!!

edit:  18,000tx's @  0.01USD =  $180  Dont take much, does it?



690. Post 14150825 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.47h):

Quote from: AlexGR on March 09, 2016, 07:07:34 PM
No spam right now, just normal transactions.  Only 188k tx in last 24hr.

https://blockchain.info/charts/avg-block-size?timespan=30days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

This is bullshit... we need more crying and bitching that "blocks are full", not a +37% to 52% extra space that 0.65mb-0.73mb blocks allow us Tongue


you're being disingenuous... avg block size phhhh, your an asshole or an idiot, take your pick..

I don't see what's wrong with avg blocksize. Should I take specific blocks to illustrate the point? And if so, what would these blocks be? The 0 bytes ones, or the 1000kb ones?

Yes. An Asshole AND an idiot.



691. Post 14247820 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.48h):

Quote from: S3052 on March 19, 2016, 11:36:49 AM
The thread is luckily not dead.
Based on my observation over the past 5 years, each time the thread got boring , we were close to a MAJOR price move...
So it will be this time, too...







692. Post 14294438 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.48h):

Quote from: BitUsher on March 22, 2016, 02:12:13 AM
Its gone through a ton of testing and will be secure when it rolls out in April.
 

Quote from: BitUsher on March 22, 2016, 02:58:48 AM
No one knows exactly when its coming out as there is still more testing to be done but a

2 posts within half an hour of each other. And you wonder why people dont take you seriously.

Not too many want core 0.12 anyway.   Its second to Classic's version of 0.12 right now.
 



693. Post 14303943 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.48h):

Quote from: BlindMayorBitcorn on March 23, 2016, 07:10:41 PM
Its gone through a ton of testing and will be secure when it rolls out in April.
 

No one knows exactly when its coming out as there is still more testing to be done but a

2 posts within half an hour of each other. And you wonder why people dont take you seriously.

Not too many want core 0.12 anyway.   Its second to Classic's version of 0.12 right now.
 

You still here?

Morbid curiosity.  The BCT equivalent to rubber necking on the highway.





694. Post 14350805 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.48h):

Quote from: AlexGR on March 28, 2016, 03:50:25 PM
pms is where the buy is cuz they are artificially manipulated lower, while bitcoins is artificially manipulated higher .. there is reasons for the manipulation and is is doubtful good for us .

1. The PM indexes barely move with the amount of money involved in crypto. They are in the multi-trillion marketcap category. Crypto isn't getting any serious money from PMs. Bitcoin's marketcap is like one thousand of what Gold's marketcap is.

2. PMs do not really overlap the online transactions sector. They are just store of value. You can't pay someone over the internet if you have gold in your pocket. You can pay him with bitcoins though. That means that PMs and crypto are complimentary in this sense. Things might have been different with a decentralized e-gold equivalent, but physical ownership and physical transfer is not something that an algorithm can rule.

3. In terms of manipulation, owning Bitcoins is actually a hedge against the ongoing PM manipulation as the mechanisms existing in the gold manipulation 'industry' are not found in bitcoin.

4. Bitcoins are far more scarce than gold and silver. There are ~6 billion ounces of above ground gold and only 15.4 million bitcoins. That's one bitcoin for every 390 ounces. That's now. The future is actually in favor of bitcoin:gold ratio.

5. Gold and silver production is increasing continuously as the methods to extract it are improved and become increasingly mechanized. 100 years ago you had people shoveling ground and now you have excavators and D10's moving ground and ...ripping permafrost. Or people dredging ...the ocean's bottom (soon with robots). Even the places that have been previously "mined" are full of gold. And even the places that are mined today are still left with tons of fine gold that they can't really catch due to most mining operations going for more volume at the expense of recovery rates. The 180ktons of above ground gold will probably double or triple in the next 30-40 years. And when AI comes online to track underground deposits, vein flows, etc etc, or even assume the running of mechanical recovery tasks, you're looking at full blown gold inflation. And I haven't mentioned that most "non-gold bearing grounds" are ....gold bearing with invisible gold. You might pan nothing, but the gold is attached to lower-specific gravity rocks, which, when crushed, will release the gold (typically by resorting to chemicals). When people say "there is no gold here", what they really mean is "I don't see any", or "I'll probably spend more to get it" - both of which are circumstances that change continuously.

6. Even if above ground gold doubles or triples in the mid-term future, it will still preserve its value due to fiat inflating at a much faster pace. However bitcoin will be inflating at a much lower pace than both, hence being an adequate store of value, which also has good upside potential (gold's marketcap can't go 10x to 70+ trillion range with ease, unlike bitcoin which can hit 4k usd and do a 10x).

7. What PMs have in their favor is that they are much safer than crypto (excluding scam PM purchases). Nobody will fork, hack or 51% one's gold. And they are good for countries with high devaluation rates where the average man can convert local currency to PMs to prevent erosion to his savings.

All this shit from a guy who honestly thinks bitcoin will be trading at $12,000 next week.  I cannot even laugh at this anymore.



695. Post 14350902 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.48h):

Quote from: hdbuck on March 28, 2016, 06:51:57 PM
Quote
"This brings me to Bitcoin. I think that Bitcoin could be the world's next great safe asset. At least, it certainly seems to have all the properties that are desired in a safe asset. "

"This "Bitcoin as a large-value transfer system" does not destroy my thesis: Bitcoin can remain a desirable safe asset. "

"Once market penetration is complete, its return behavior is likely to mimic the return behavior of any other safe asset."

"Investors can expect to earn unusually high returns in a crisis event."

"In short, it's a great investment"


~David Andolfatto, Vice-President Fed Bank of St-Louis


http://andolfatto.blogspot.fr/2016/03/is-bitcoin-safe-asset.html


hdbuck if quoting fedsters.  We are all doomed.



696. Post 14453441 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.48h):

Quote from: billyjoeallen on April 02, 2016, 07:25:22 AM
There is a communication problem but it's not that you don't explain yourself well enough. The problem is you don't fucking listen.

 Cool Cool



697. Post 14465468 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.48h):

Quote from: Chef Ramsay on April 08, 2016, 04:37:25 AM

bargainbutch (aka lamecrotch) should just be ejected from this thread. Or, is there a walk of shame option? Make dumb posts ante up money for cancer victims?






698. Post 14465508 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.48h):

Quote from: Fatman3001 on April 07, 2016, 10:17:49 PM

"batshit crazy" doesn't do this thread justice

Possibly. But it fits like a glove here



699. Post 15559024 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.55h):

Are we rich yet?   Grin Grin Grin Grin

1455 days to go to the halvening....

See y'all in 98 feet east tonight.  Roll Eyes



700. Post 15653057 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_14.55h):

Quote from: LFC_Bitcoin on July 12, 2016, 03:30:05 PM
Are we rich yet?   Grin Grin Grin Grin

1455 days to go to the halvening....

See y'all in 98 feet east tonight.  Roll Eyes

Trouble maker Grin Where have you been all this time?

Give it a few months to see how the price reacts to limited supply of coins on the exchanges before you start laughing too much Wink

Ha ha! always the same...

Just closed the deal on my new house yesterday, a deal that was brought forward about 6 months due to my Bitcoin windfall ( and a brexit bonus as well when buying Euros the morning of the brexit count  Grin Grin )

Just been busy with IRL stuff.  But I am now out of the bitcoin speculation game.  Just stashed a few to keep my hand in the game.



701. Post 17425532 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_15.01h):

I smell money...    Cheesy

Again.

 Cool



702. Post 17943621 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_15.04h):

Quote from: kurious on February 22, 2017, 06:14:13 PM
7 green candles in a row on the 2 hour...

Even the daily is 9 out of 10.

Is this Gentlemen?

I've been watching for a sell flag, and then I get a - Sell flag....   Cool



703. Post 18136081 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_15.05h):

Quote from: Elwar on March 10, 2017, 02:28:34 PM
A possible scenario is that someone found out the ETF was going to be denied.

They bought a shitload of bitcoins to drive the price up to $1350 then shorted the shit out of it driving it down to $1180. This resulted in a bunch of people assuming the ETF was approved which drove the price up.

 Cool  Close. But no cigar.

(yet)



704. Post 18136091 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_15.05h):

Quote from: K~Ehleyr on March 10, 2017, 02:27:02 PM
guys guys guys!!  The orange circle saying COIN is unlisted has disappeared from the Bloomberg chart!!!!!!!!!!  https://www.bloomberg.com/quote/COIN:US

Its still unlisted.



705. Post 18136183 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_15.05h):

Quote from: Searing on March 10, 2017, 02:37:04 PM
guys guys guys!!  The orange circle saying COIN is unlisted has disappeared from the Bloomberg chart!!!!!!!!!!  https://www.bloomberg.com/quote/COIN:US

It's still unlisted. What's your point?

Ten minutes ago it said it was unlisted on an orange disc in the middle of the empty price chart.  It still says unlisted on the left but the orange disc has gone.  It's a change.  I don't know what it means but it's a change.  Somebody's working on the page.


Ack! the orange disk..its a TRAP! ...(just when you think you can get away this happens)

https://www.youtube.com/watch?v=I6Ffr1U7KMY




edit:

guys guys guys!!  The orange circle saying COIN is unlisted has disappeared from the Bloomberg chart!!!!!!!!!!  https://www.bloomberg.com/quote/COIN:US



Ack! (x2)



A hard-FORK would have saved you from one of those...   Cheesy



706. Post 18190941 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_15.06h):

Quote from: marcus_of_augustus on March 14, 2017, 10:14:01 PM

If Peter Todd was malicious and greedy he could have made mega-bank on this by keeping it to himself until they forked and then shorted majorly the BU fork and killed it dead anonymously without telling them what was happening, they wouldn't have had a clue what hit them ... and made a killing too.


He is malicious.  He didnt 'discover' it - he simply saw the hotfix and went for damage. Welcome to Bitcoin.

Anonymity never entered the equation.



707. Post 18191433 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_15.06h):

Quote from: spooderman on March 15, 2017, 01:50:40 AM


I dislike the idea of having one team ( mostly all employed by 1 company ) having so much leverage.

105 core devs.

5 of whom work for blockstream.

just stop.

5 developers who account for the vast majority of commits. And dictating road map.

Seriously, just stop.



708. Post 18195683 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_15.06h):

Quote from: Paashaas on March 15, 2017, 03:32:32 AM
Kore is like the Ku Klux Klan

THEIR REIGN OF TERROR IS ENDING

Shattered dreams meets harsh reality  Undecided

Why dont you ask questions at youre noob BU dev? They almost took the whole Bitcoin down to $0 Roll Eyes

Sooooooooooo.... antifragile.   Cool



709. Post 18195700 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_15.06h):

Quote from: Holliday on March 15, 2017, 04:05:21 AM

I have no idea what your jurisdiction is, but aren't you encouraging someone to break the law here? Which... again depending on your jurisdiction, may also be illegal.


Your filthy statist talk is not welcome around here!!   Embarrassed

Back to MSNBC.com with you



710. Post 18200664 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_15.06h):

Quote from: Torque on March 15, 2017, 04:29:17 PM


Funny, over the years I've observed a pretty repeatable pattern with alt coins:

1) What always precedes an altcoin's parabolic rise is delusion and hubris

2) What always follows it is:
- a mega crash, usually caused by a hack, serious flaw, unknown bug, insider theft, etc.
- a community left in shock, disbelief
- finally acceptance
- and then an excruciatingly slow decent into eventual quiet irrelevance

 Grin


And how do you see bitcoin being any different, considering the overwhelming instinct of those involved to absolutely screw each other over?



711. Post 18203091 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_15.06h):

Quote from: Torque on March 15, 2017, 05:38:27 PM


Funny, over the years I've observed a pretty repeatable pattern with alt coins:

1) What always precedes an altcoin's parabolic rise is delusion and hubris

2) What always follows it is:
- a mega crash, usually caused by a hack, serious flaw, unknown bug, insider theft, etc.
- a community left in shock, disbelief
- finally acceptance
- and then an excruciatingly slow decent into eventual quiet irrelevance

 Grin


And how do you see bitcoin being any different, considering the overwhelming instinct of those involved to absolutely screw each other over?

Because the shark scammers that PnD'ed Bitcoin in the beginning years have run out of hacks, flaws, DDoS attacks, media-created FUD, etc. to work with. Bitcoin is more rock-solid, distributed, and secure now than it has ever been in its 8 year history. The only thing they have left is to try and divide the community and slow things down.

But that's losing it's effectiveness now too.

Ask James Hilliard. If you think bitcoin doesnt contain zero day vulnerabilities, think again.
And thats not even getting into the general network fuckery that any sizeable player (like James in conjunction with random hackers) can bring into play.
It only workes when the invested are making money. screw everyone else.   Cool



712. Post 18203279 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_15.06h):

Quote from: Holliday on March 15, 2017, 05:42:00 PM


I think, in the grand scope of things, the way the bug was handled is the bigger issue (even though the bug itself was terrible). Every step of the way BU handled the situation poorly. The code was apparently barely reviewed in the first place.


I think you need to readjust your shit code parameters there, buddy.  If you think for one second that crappy "assert-as-input-checking" is unique to BU or Classic then you are deluding yourself. This sloppy coding style in endemic in the bitcoin codebase (wbat is now called "Core"), and any attempt to characterize it as a BU thing is dishonest.

Have a read of this for some examples

Quote
It's a shit show, and I'm expected to trust these people with the Bitcoin network?


Welcome to Bitcoin! Thank$ for your fiat.



713. Post 18309880 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_15.07h):

Quote from: bitserve on March 23, 2017, 07:20:28 PM
And that's because I think it is unlikely the scaling problem won't be addressed. The situation is already heated enough as to assume it will be addressed before end of year. If it wasn't then we would have a real problem.

or you could look at it the other way and perceive that a fork back down is an endorsement for core to carry on as they are. they can point to their solution and say the only thing holding it back is miners. those miners will also know that forcing through a fork ain't gonna go down well.

more deadlock. i really hope not though.

I am speculating on miners finally coming back to their senses and start signaling for segwit activation. The ball is now on Jihan BU's court.

That wont happen unless core capitulate on scale. Core wont capitulate ( they are in slash and burn mode now) Their future depends on fee market and LN ( which is still miles off) They might as well fight on or burn bitcoin.

I suspect they may fail at both.




714. Post 19165017 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_15.10h):

Quote from: gentlemand on May 23, 2017, 10:06:38 PM
Parties seem to be slowly converging closer towards possible consensus.

Luke Jr is working on this - https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-May/014399.html

Let us hope that everyone moulds it into the least shit option on the table.

Between Hilliard and Luke Jr, there are several alternative plans out there. They will need to simply #UASF in the end.

They know it will end in tears, but that is where their course has taken them.

(Typical Luke - "I left the author blank because i dont want to get fucked over be seen to champion this" )



715. Post 26904092 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_15.35h):

Quote from: starmman on December 24, 2017, 06:51:18 PM
Bah.

$20k USD/BTC for Christmas would have been nice  Cry

That sea of red tho...
Looking a bit bearish today - Suspect its to do with the alt surge - that will all dump into BTC at some point...

Its probably just last minute shopping. It will be fine.

Happy Christmas to all blockers, small and large.  Kiss



716. Post 26904190 (copy this link) (by sAt0sHiFanClub) (scraped on 2020-04-04_Sat_15.35h):

Quote from: BlindMayorBitcorn on December 24, 2017, 08:46:10 PM


Ha HA!  Sorry, you old dog, I beat you to the dealership!!

Vroom! Vroom!

Have a Happy Christmas.