All posts made by bargainbin in Bitcointalk.org's Wall Observer thread
1.
Post 13076835 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.35h):
Fox News is a shill for the highest bidder...
As opposed to most bit~coin blogs, which are 100% objective
2.
Post 13084282 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.35h):
1/4 lb box of Honey Caramels; 2 oz Honey Caramel Favor Box; 1/4 lb box of Honey Caramels; 2 oz Honey Caramel Favor Box; 1 lb bag of caramels; Medium Gift Box; 1 lb bag of caramels; Medium Gift Box; Large Gift Box; Honey; Honey Roasted Almonds; Lotion Bar; Lip Balm.
Yup, my one-stop gift shopping solution. Something for everyone here.
Almost.
If only they carried some kind of Hot Sauce and maybe Alpaca Socks...
3.
Post 13401394 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.39h):
Civil engineer: Hey, Boss. Traffic on the bridge is increasing by 50% per month. Shouldn't we widen it?
Bureaucrat: Ha! That bridge has excess capacity. If traffic gets too high, we'll just increase the tolls. Most of those schmucks don't really need to go anywhere anyway.
Civil engineer: Do we know that for sure? What if there is an evacuation or something?
Bureaucrat: That bridge was intentionally designed with low capacity to prevent invasions! Widening it would be a dangerous departure from historic bridge operations.
Civil Engineer: Aren't bridges supposed to be used to facilitate travel?
Bureaucrat: Yes, but only the right sort of travel. That's for me to decide! If traffic gets too heavy, and tolls get too expensive, the people can use buses. Too many single passenger cars anyway.
Civil engineer: Do you own a bus company?
Bureaucrat: Purely coincidental! I'm just guarding against bridgebuilder centralization.
Civil engineer: I see. No conflict of interest there. What's the name of your company anyway, Busstream?
Bureaucrat: BridgestreamTM, Smartass.
Post of the month
4.
Post 13533176 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.40h):
There just doesn't seem to be a bottom...
5.
Post 13533199 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.40h):
OK, who else peed themselves a little bit when we crashed through 420?
6.
Post 13533263 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.40h):
What if it's Mircea rage-selling?
7.
Post 13539082 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.40h):
[–]StarMaged [score hidden] 10 hours ago
There's 11 replies to this comment that aren't visible, does anyone know what's going on? /u/starmaged?
I wouldn't worry about it. Usually, whenever theymos posts, he gets a few dozen non-productive replies where people just swear at him. Productive replies are rarely removed.
8.
Post 13562333 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.40h):
Last chance of corrupted government(s) to kill bitcoin using their puppets in core dev group. A major, major economic crisis is knocking on the door and their time to ruin bitcoin is running out fast.
No need 4 gubermints to step in here, you Crypto enthusiasts seem to be doing fine all on your own.
"Embattled digital currency exchange Cryptsy is now claiming that it is insolvent.
The exchange alleges in a newly released blog post that it was the target of a hack in July 2014, an incident that it said cost it approximately 13,000 BTC ($7.5m at then prices) and approximately 300,000 LTC (then $2.08m).
"This of course was a critical event for Cryptsy, however at the time the website was earning more than it was spending and we still have some reserves of those cryptocurrencies on hand. The decision was made to pull from our profits to fill these wallets back up over time, thus attempting to avert complete closure of the website at that time.""
Fractional reserve. Because it works
Cryptsy failed because Bitcoin works. Gee, I hope this post isn't deleted too.
By "works," you mean "makes shit like Cryptsy possible"?
Anything can be exchanged in a custodial exchange. Poor performance is no excuse for bailouts.
Anything could be exchanged in an
unregulated Magic: The Gathering sort of an exchange, you mean? Nonexistent shit for worthless shit & back again, in a frictionless market, due to plenty of tears & snot lubrication?
Well, yeah you got me there. I'm not a fan of these exchanges. OTOH, the global stock market is crashing so, the bailouts didn't work there either.
Sure. Last time DOW fell 10% in 24 hrs is when?
Like I said, I'm not a fan of these exchanges. They should be regulated like Wall Street so they shut down during flash crashes like this.
So what you're telling me is all this "trustless" bullshit is bullshit?
Bitcoin commerce needs government oversight, just like conventional fiat commerce?
So Bitcoin's basically, a fiat surrogate? only useless for 99.9% of IRL financial transactions?
WTF does trusting MTGOX have to do with Bitcoin? We've moved past that. Yes, MTGOX type exchanges that use fiat should be regulated. If they don't allow fiat, then they seem to work fine.
"We've moved past that"? Clearly we haven't, see: Cryptsy; Havelock.
No fiat. Plenty of scam.
Custodial exchanges. Try exchanging with crypto's advanced features instead of trusting non regulated anonymous entities.
Which would you recommend? Let's say I want to sell 20 BTC for fiat/another coin?
@ZephramC: its track record of empoverishing intrepid investors. You must be new.
9.
Post 13562500 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.40h):
Last chance of corrupted government(s) to kill bitcoin using their puppets in core dev group. A major, major economic crisis is knocking on the door and their time to ruin bitcoin is running out fast.
No need 4 gubermints to step in here, you Crypto enthusiasts seem to be doing fine all on your own.
"Embattled digital currency exchange Cryptsy is now claiming that it is insolvent.
The exchange alleges in a newly released blog post that it was the target of a hack in July 2014, an incident that it said cost it approximately 13,000 BTC ($7.5m at then prices) and approximately 300,000 LTC (then $2.08m).
"This of course was a critical event for Cryptsy, however at the time the website was earning more than it was spending and we still have some reserves of those cryptocurrencies on hand. The decision was made to pull from our profits to fill these wallets back up over time, thus attempting to avert complete closure of the website at that time.""
Fractional reserve. Because it works
Cryptsy failed because Bitcoin works. Gee, I hope this post isn't deleted too.
By "works," you mean "makes shit like Cryptsy possible"?
Anything can be exchanged in a custodial exchange. Poor performance is no excuse for bailouts.
Anything could be exchanged in an
unregulated Magic: The Gathering sort of an exchange, you mean? Nonexistent shit for worthless shit & back again, in a frictionless market, due to plenty of tears & snot lubrication?
Well, yeah you got me there. I'm not a fan of these exchanges. OTOH, the global stock market is crashing so, the bailouts didn't work there either.
Sure. Last time DOW fell 10% in 24 hrs is when?
Like I said, I'm not a fan of these exchanges. They should be regulated like Wall Street so they shut down during flash crashes like this.
So what you're telling me is all this "trustless" bullshit is bullshit?
Bitcoin commerce needs government oversight, just like conventional fiat commerce?
So Bitcoin's basically, a fiat surrogate? only useless for 99.9% of IRL financial transactions?
WTF does trusting MTGOX have to do with Bitcoin? We've moved past that. Yes, MTGOX type exchanges that use fiat should be regulated. If they don't allow fiat, then they seem to work fine.
"We've moved past that"? Clearly we haven't, see: Cryptsy; Havelock.
No fiat. Plenty of scam.
Custodial exchanges. Try exchanging with crypto's advanced features instead of trusting non regulated anonymous entities.
@ZephramC: its track record of empoverishing intrepid investors. You must be new.
I am not new. But perhaps I missed something. You mean companies listed on Havelock empoverishing or the Havelock itself<
I mean when you go to a store, and each and every time you buy a snack -- any kind of a snack -- you wind up in the emergency room, getting your tummy pumped, I'd say avoid the store.
Regardless of whether it's the store or the store's suppliers who poison the food.
So, technically no, it's not Havelock, it's their expertly curated offerings
P.S. Which is not to say you should avoid it.
P.P.S. still waiting for the answer re. boldface above.
10.
Post 13650972 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.42h):
...
Some of the 45 would likely join classic. Some of the more talented ones , with much different principles and politics than the maintainers of classic are likely going to go elsewhere or start working on the new bitcoin chain. ...
And here ya are, and it's a beautiful day. Don'tcha know there's only one Bitcoin? Don'tcha know that? Well. I just don't understand it.
I can still hear you saying
You would never break the chain.
[5x]
Chain, keep us together
Running in the shadows
11.
Post 13652187 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.42h):
rumor says that if classic succeeds big parts of core developers will switch to eth
Makes sense... Smart developers with any open source project prefer challenging and rewarding work that they can design without an angry mob demanding things against their conscience. ...
So... RIP Bitcoin?
12.
Post 13652284 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.42h):
rumor says that if classic succeeds big parts of core developers will switch to eth
Makes sense... Smart developers with any open source project prefer challenging and rewarding work that they can design without an angry mob demanding things against their conscience. ...
So... RIP Bitcoin?
wait so what are my gains if I own 200 eth and 5 bitcoins, if people switch to eth how much of a percentage do I gain?
No idea. Your BTC will be worth ~0, your ETH will be worth however much people are willing to pay.
Free market.
@DunningKruger
>That which does not kill us, makes us stronger.
Tell that to a guy in a wheelchair.
13.
Post 13652505 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.42h):
rumor says that if classic succeeds big parts of core developers will switch to eth
Makes sense... Smart developers with any open source project prefer challenging and rewarding work that they can design without an angry mob demanding things against their conscience. ...
So... RIP Bitcoin?
Nope bitcoin will thrive, Three more likely possibilities --
1) Core wins out or a compromise is reached and we move forward with an efficient an lean blockchain with a settlement that is more secure and resistant to attacks
But you just echoed the thoughts of Blockstream's CEO by suggesting that
Bitcoin Creating 'Toxic' Environment for Developers?
Seems like the best & brightest would defect, as they are doing already
2) Classic takes control, there is a large drop off in development (at least temporarily ) bitcoin will grow at a much quicker rate of adoption than under core and investors will make more a return quicker, Node count will continue and escalate dropping off and mining will further centralize ... in 10 -20 years time expect all nodes to have AML/KYC/Blacklists and be controlled by large companies that can afford to maintain the large databases, and eventually the community decides to give up on PoW altogether for a PoS/DPoS because when mining is that centralized than what is the point?
Classic can not "take control" -- it can win, by popular demand, or lose, due to Blockstream's corporate coffers & miners getting blackmailed by Core devs. None of the other shit follows, either. See how that works?
3) A fork is created where a more libertarian/anarchist coin is created with the chain split and a few devs from core 5-10 contributing to it under an ASIC proof PoW algo (already discussed) that will be better suited for the grey /black market and long term stores of wealth . It will have a different sort of utility and supporters so could be valued at the same amount as the other fork.
An altcoin, then. RIP Bitcoin?
Either way , Bitcoin (either version) has a bright history at least from an investment perspective...For ethical reasons I will stop Buying the Centralized coin and likely slowly sell it off .... I'm not going to attack it , just allow it to run its course.
What is it folks here used to say? don't let the door hit you on the way out?
Edit: You're obsessed with voluntary, non-mining full nodes. Being trivial to manipulate, they're irrelevant. Or, rather, far less relevant than wallets.
Don't worry about teh nodes.
14.
Post 13652956 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.42h):
...
Personally I'm not discounting the possibility of satoshi returning to officially declaring it a failure and disassociating himself from the post-forking power grab.
Newsflash: Satoshi
disassociated himself left this forum a long time ago, because thou eaten of the Altcoin Tree, whereof He commanded thee that thou shouldest not eat.
So live now in eternal terror of your God, for God is jealous, and the LORD revengeth; the LORD revengeth, and is furious; the LORD will take vengeance on his adversaries, and he reserveth wrath for his enemies.
Yes, that means you
15.
Post 13654099 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.42h):
XT altcoin was much more serious bitcoin take over attempt than this joke named ClasSick.
You seem scared.
Wrong. Think again.
What will you do when the hard fork happens?
He'll stick to the core forklet, and won't be able to spend his BTC anywhere. Which is all well and good: BTC is not for spending, it's for hodling.
16.
Post 13655588 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.42h):
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.
17.
Post 13655925 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.42h):
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.
Check out the link, comrade. There is no competing over 25% remaining ASICs' with what is being discussed. It is both fascinating and encouraging and we shouldn't worry regardless the outcome. I am at peace with the HF and Classic. Either way, the future is great.
Didn't you say some stuff about staying with core for "ideological reasons"?
18.
Post 13661719 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.42h):
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.
19.
Post 13662881 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.42h):
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.
I am a little sympathetic to not wanting to give Google your phone #. (Though they already have mine)
~brinnng!~
-Hello?
-Do you have Prince Albert in a can? Then let him out! Hahhaha!!1
-Darn you Google kids!
(I actually opted into Google tracking my searches etc., have gmail, google voice etc. accounts linked. Limit questionable stuff to TOR. Actually improved my "browsing experience" (or whatever that's called))
*BTW, you taking any time off before starting the new job?
20.
Post 13663209 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.42h):
...
Or in your business language: We can give away our product for free, said no successful business ever.
...
Depends on what you mean by "for free" :- There's Google...
21.
Post 13684727 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.42h):
I was thinking that an ideal way to eliminate spam would be for the miners/nodes to agree to not process txs that use a fee lower than 10 cents. We'd probably go down to 200-600kb blocks right away (depending the load) with plenty of room to spare - and probably everything would go in in the first block. But having prices in USD doesn't work in terms of code (which deals with BTC fractions).
It's all price controls and cartels with you, isn't it?
22.
Post 13686780 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.42h):
23.
Post 13709139 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.42h):
Those who cannot remember the past are conned to repeat it.
24.
Post 13714475 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.42h):
Haven't been around much lately, have been checking the price though. It seems we're firmly entrenched under 400 USD for the time being which isn't great.
I predict there will be some significant movement soon, I wouldn't like to predict which way though.
there is huge demand from wall street right now. they are piling into bitcoin like crazy. they dont even know about bitcoin being unable to scale.. they saw max kieser on cnn the other day and started piling in .
25.
Post 13715046 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.42h):
...
I go by bitstamp and so far in this most recent explosive implosive outburst, we've only seen a low of $363.73, and because of my own logistical issues, I was only able to buy a little more at $368.
...
Corrected so Fatman won't tear his hair out.
26.
Post 13716186 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.42h):
My gut says sub $200 is possible......
With disruptive blogchain technology, everything is possible!
27.
Post 13718949 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.42h):
^^ You know how Google used to "give away" their searches for free, instead of loading 100s of flashing ads on the page?
Worst mistake.
28.
Post 13720171 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.42h):
^Today's cryptosphere demands paradigm shifts: disrupt or die!
29.
Post 13723367 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.42h):
Good morning!
So what's the story, Gentlemen Friends, did we Consensus
TM?
Have we shitcanned our
BTCBTC (
BTCeanies
BTCabies) as the next WW
¢ (World-Wide
¢urrency), or might the disruptive new payment layer, L
BTCN (Lightning
BTCean Network), brought to you by the
BTClockstream
¢onsortium, keep the
sales pitch joke dream alive?
30.
Post 13724364 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.42h):
^^Well, you know... "I'm kickin' this shit. Tomorrow."
31.
Post 13728256 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.42h):
worst trolls on side of big blockers ... easy to see who's losing and attracts the agent provocateurs to keep the division raging, sadly they are welcomed into their ranks by the pretenders. Trolfi and notlambchop now honorary members of fraud cypherdoc's goon squad.
Who are they enlisting next to the Free Shit Army ... the Buttcoiner Brigade?
So you're like a less eloquent version of iCEBREAKER now. I liked you better before the war. :-
War. What is it good for? Absolutely nothing.
Nations destroyed. Lives ruined. Shoes lost.
32.
Post 13757882 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.42h):
Bitcoin: bleeding since 2015(TM)
What a awful year... and seems to go worse
yea I really would like to know how how the the regular investor who bought before Christmas at the high right before the first big drop and see the value go for almost 2 months constantly now.
Looking not so pretty anymore.. mhh
Meh. Bitcoiners will be just fine. We're smarter than people.
33.
Post 13758102 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.42h):
.@Richy_T: what are these?
Those are the mined blocks.
White square for a regular block, black square for an empty block, red for 99% full and purple for 75% full (but not more than or less than that).
Thanks, handy
If you get a chance, might add it to the Explanation (
https://bitcointalk.org/index.php?topic=178336.msg10084622#msg10084622)
34.
Post 13758950 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
...
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
35.
Post 13762899 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
Good luck to them trying to find a way of enforcing that
Stay wild, Rebel! | Yeah, darlin'
Gonna make it happen
Take the world in a love embrace
Fire all of your guns at once
And explode into space
Like a true natures child
You was born
Born to be wild
You can climb so high
U never gonna diiiieeeee
Born to be wiiiiiiiild
Born to be wiiiiiiiiiild
|
36.
Post 13763056 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
I do not think that they can control it at all, all what they can do is blocking bitcoin debit cards in EU countries and and blocking exchange sites, but they will not be able to forbade people from exchange BTC as indiviuals
Depends on how much & how these "individuals" trade
37.
Post 13763115 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
Good luck to them trying to find a way of enforcing that
Just like in the US they would focus on the exchanges.
What? Btc exchange are forbidden in the US? Then how am I buying and selling my btc?
The EC are concerned about the perceived
anonymity of BTC transactions. US exchanges have AML/KYC measures in place - transactions aren't anonymous.
Edit:
The plan therefore calls for virtual currency exchange platforms to be brought under the scope of the European Anti-Money Laundering Directive, which would mean exchanges would have to report just who used their services and when they were used. The Action Plan says “The Commission will also examine whether to include virtual currency 'wallet providers'.”
I'm sure we will come up with something disruptively cunning and original, like not calling our exchange an exchange but a dice site which both accepts and lets you cash out in BTC or Euro.
Checkmate, Statist Pig!
38.
Post 13768398 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
do something baka
Shhh... Honey badger is sleeping.
39.
Post 13768480 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
Doesn't anyone think it's plausible for the whales to dump sub 300 only to pump it near the halving? That way to maximize profit. These late alt coin pumps also seem to be something made to attract more people in as btc goes lower.
Choo choo mother forker?
Toot toot?
40.
Post 13769281 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
Sleeeep!!
41.
Post 13779083 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
Can we just make 1 mb be more than enough for the size of a block
E.g. off-chain transactions, something else?
Stop using bitcoin?
42.
Post 13805971 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
"The bitcoin community seems to have a chip on their shoulder," [chairman of the W3C Web Payments community group]
Sporny says.
Way to slander our community, poisonous little bankster shill. Gentlemen, can we dox this guy?
43.
Post 13806032 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
Heh, you cant hold the argument, so its dDos...
A successful ddos of Classic demonstrates the validity of arguments of the form "
Core is antifragile and deserves to live; Classic is brittle and deserves to die."
Stop blaming the messenger just because you don't like the message.
You miss your 4chan LOIC days, don't you, icicle?
44.
Post 13806085 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
"Cite:
http://bitcoinocracy.com/arguments/decided"
^As idiotic as letting some Vegas casino / bank branch decide the US monetary policy.
Bitcoin protocol has no voting mechanism for hodler of BTC, SFYL
45.
Post 13814333 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
You know when an army is truly defeated? Not when its frontline Shtrafbats get slaughtered, that sort of thing's to be expected, plenty more grist where that came from; a battle is not the war.
But when the generals turn on each other and start slapfighting. With spittle, potty words and hair-pulling!
Ain't no recovering from that...
46.
Post 13814384 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
^^^Yes, but...
... It seems there is a big triangle closing on 14 feb. ...
Thou art wearied in the multitude of thy counsels. Let now the astrologers, the stargazers, the monthly prognosticators, stand up, and save thee from these things that shall come upon thee.
47.
Post 13814616 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
...
Segwit and classic have practically similar 0-0.25MB difference capacity differences , with segwit allowing for better longterm scaling by fixing tx malleability(something that is required for payment channels to progress) .
Logically, supporting Classic doesn't make much sense.
TL;DR: Classic takes an existing kludge (1MB limit) and changes it to 2MB. No complexity added.
Core keeps the existing kludge (1MB limit), and *adds another, horrendously convoluted kludge, just to keep the *other* kludge*.
In technical circles, this sort of thing is called "fucking retarded," "a patch on a patch."
48.
Post 13815231 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
ps: why cant the 21m not be changed via a segwit like soft fork?
I thought technically it could? Can't any change theoretically be done via soft fork? ...
An infographic explaining the Bitcoin consensus mechanism, hope you find it helpful.
49.
Post 13816202 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
...
Result? Honey Badger just don't care.
50.
Post 13816318 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
Classic is just Core with at 2mb block size limit and a governance coup that will alienate our best devs.
FTFY.
And don't forget 2mb blocks + segwit hurts decentralization (because of bandwidth/storage constraints).
Your post failed to mention segwit. Why is that?
...
Nah, it doesn't hurt decentralization iCICLE, don't just parrot the shit said by grownups (whose boots you're forced to lick due to your string of "unfortunate" investments)
51.
Post 13816431 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
...
Monero ... the esperanto of cryptocurrencies.
*Also in-game currency for
My Pathological Delusions of Grandeur My Crypto Kingdom.
52.
Post 13816773 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
...
Segwit and classic have practically similar 0-0.25MB difference capacity differences , with segwit allowing for better longterm scaling by fixing tx malleability(something that is required for payment channels to progress) .
Logically, supporting Classic doesn't make much sense.
TL;DR: Classic takes an existing kludge (1MB limit) and changes it to 2MB. No complexity added.
Core keeps the existing kludge (1MB limit), and *adds another, horrendously convoluted kludge, just to keep the *other* kludge*.
In technical circles, this sort of thing is called "fucking retarded," "a patch on a patch."
The 1MB limit is a sanity check to prevent DOS attacks, not a kludge.
You clearly have never coded a line, iCICLE, because that's the very essence of a kludge.
It's an afterthought, a conditional meant to discount information that's clearly out of range, in this case 1MB worth of data when a few kb is the most that's expected under normal, non-DoS circumstances.
It's quick, it's dirty, and, like all magic number fixes, it works great til shit change. And then it don't. Hence kludge.
It is also a serendipitous supply demarcation line useful for establishing fee markets.
Eww! Sounds like a used lingerie store. They teach you to talk like that at "Lrn 2 talk like an aging divorcee impressing the pants off her plumber" school? FFS, icicle...
53.
Post 13820262 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
... there are only transaction capacity challenges that are largely solved and are being implemented and technological growth constraints that can be adequately worked with.
Well no, you have slightly bigger problems...
You know when an army is truly defeated? Not when its frontline Shtrafbats get slaughtered, that sort of thing's to be expected, plenty more grist where that came from; a battle is not the war.
But when the generals turn on each other and start slapfighting. With spittle, potty words and hair-pulling!
Ain't no recovering from that...
...that, and bright-but-insane Dr. Strangelove types like MP threatening to take down Bitcoin if things don't go his way
54.
Post 13825556 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
Children of Chinamen. Celebrating.
Putting a dark chapter of China's history behind them.
And, in the death, as the last few corpses lay
Rotting on the slimy thoroughfare
The shutters lifted in inches
In temperance building high on poacher's hill
And red mutant eyes gaze down on hunger city
No more big wheels
Fleas the size of rats sucked on rats the size of cats
And ten thousand peoploids split into small tribes
Coveting the highest of the sterile skyscrapers
Like packs of dogs assaulting the glass fronts of love-me avenue
Ripping and rewrapping mink and shiny silver fox, now legwarmers
Family badge of sapphire and cracked emerald, any day now
The year of the forking fork!!11!
You said it, brother! LLLlllLlllLllOoooOoOooOoOosers
Losers!
55.
Post 13825730 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
Is it just me or are we just waiting to take off after the blockchain controversy has been dealt with?
'Block size controversy'.
But yes, I do think once this pissing contest is over we will experience an upward trajectory.
Yeah I just can't wait
Til you get me straight
We gotta get out of this slump
Got to hold on
With a happy song
Til good things come along
56.
Post 13828146 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
57.
Post 13828381 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
... If they just copy it, what was the point of all this? What was the point?!?
58.
Post 13828483 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
... Your statement is true of some classic supporters who don't understand Segwit, and have a low comprehension where they didn't realize the <snip>
He bankster lapdog, shilling for Teh Man. Pathetic Puppet don't grok disruptive potenshul of our paradigm-shifting blockchain technology. Legacy finance fiat toilet paper chancellor on the brink of second bailout, right at the tipping point of our Black Swan paradigm shift to cryptopia.
This train is bound for glory (this train), leaving with or without you so get in at the ground floor, onboard now or cry later.
CCMF! SFYL!
Communication must become total and conscious before we can stop it. Cut word lines -- Cut music lines -- Smash control images -- Smash control machine!
59.
Post 13830162 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
...
I choose the shoe.
War ain't nothing but an icebreaker
60.
Post 13837441 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
^
61.
Post 13837722 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
... With Bitcoin Ethereum has a safe and reliable store of value ...
BA DUM TSSss!
62.
Post 13838153 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
The Government is watching you...
63.
Post 13839668 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
64.
Post 13839906 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
... classic continues its fade into obscurity.
Can't wish it into the cornfield, Will Robinson, top of /bitcoin Reddit
https://np.reddit.com/r/Bitcoin/comments/45326r/bitcoin_classic_release_announcement/
65.
Post 13848562 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
Indeed. Time for some reconciliation, and maybe a truth commission too.
I think part of the problem is people involved in bitcoin have gotten addicted to the non-stop drama surrounding it, that has existed since early on (late 2010 at least). So when everything is ticking over peacefully, price is flat, they get bored and start looking around for the next drama fix ... "hey what's this, we can bash the devs? cool" ... "look at this, a simple programming constant we can get upset about and create some drama, awesome" ... "let's jerk the Fed's chain about blockchain, should be neat" ... "hey, did you hear the latest Satoshi rumour?!"
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.
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.
Bitcoin is neither a democracy nor a meritocracy.
Every "-cracy" has its strength and weakness. It's human. It's bipolar.
Bitcoin is (stupid) software enforcing rules (1 ASIC - 1 VOTE)
you are free to (dis-)agree with.
What makes Bitcoin so powerful is its independence from any form of government or "..."-cracy. Like freedom of speech it is freedom of choice!
The bitcoin (price) just reflects the acceptance of a certain group of people who freely agreed to transact value with each other.
Of course.
"They vote with their CPU power [...] Any needed rules and incentives can be enforced with this consensus mechanism." --satoshi
Opposing meritocracy to democracy is a sleazy, false dichotomy: both are meritocracies.
>Yes, building a decent node costs at least 90 dollars.
Nah, it's leasing a VM instance.
But by your calculations, total nodes < $500k, pocket lint for any mining cartel.
No use pretending that
non-mining nodes secure wallets benefit more than their operator
66.
Post 13848910 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
...
The history of bitcoin and the nature of the code has direct philosophical and political implications regardless of Bitcoin being apolitical.
I.E... Rather than one person, one vote... the economic majority has greater influence on bitcoin balanced by the ability of developers and limitations of the technology. This is opposed to many democratic republics where the economic majority indirectly influences the majorities vote to remain dominant.
...
All this talk of "economic majority" without a definition.
WTF is "economic majority"?
-Those holding fiat, who can buy BTC mined by the miners?
-The miners, who are heavily invested in gear & will turn their power to the most-profitable SHA256 coin?
-The hodlers, who can rage on the interwebs and threaten to dump their coin if things don't go their way (but otherwise have no mechanism for voting)?
plz explain.
67.
Post 13849332 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
Meanwhile, back at the ranch
https://coin.dance/nodes
68.
Post 13849842 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
69.
Post 13849984 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
Broken link 404 error
sry, try nao!
70.
Post 13850025 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
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.
You appear to be seriously confused about general anarchist thought. ...
Which "general anarchist thought" would that be?
Tightest definition of anarchism yet: authority/daddy issues.
71.
Post 13850180 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
Which "general anarchist thought" would that be?
You are trying to pigeon hole complex philosophies into a category.... but if you insist, principally agorsim and anarcho capitalism, but I am friendly to and have lived in many other types of anarchist collectives as well.
Lol, I'm not the one throwing around phrases like "general anarchist thought"
>lived in many other types of anarchist collectives as well.
Which one are you living in now, and in whose mom's basement/under which highway overpass is it located?
72.
Post 13850216 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
...
this is all starting to sound kinda cultish . #GimpedCoin
Lol @ "starting to"
73.
Post 13850865 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
Ether up another 22%. Gold up 50 bucks. Stawks tanking. Bitcoin?
Ether & gold: maximizing dollars.
Bitcoin: maximizing dolors, as per design
74.
Post 13851331 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
http://www.coindesk.com/bitcoin-classic-publish-code-block-size/Overall, the debate has proven to be as acrimonious as it has been divisive. Accusations that Bitcoin Classic essentially constitutes a coup, as well as allegations that Bitcoin Core is acting at the behest of the startup Blockstream, have thus far colored the nature of the debate in recent weeks.
Enjoying this SO0o00 much you guys!
So happy to be a part of this paradigm shift, to witness & document this disruption for posterity!
75.
Post 13860501 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
Because the Ethereum foundation has humongous expenses it has to pay each month, and it only has ~$750k in non-ETH assets left to pay them with. After that all it has left is ~1.65 million ETH to pay those expenses with, and if it can now fund itself that could mean dumping those ETH for Bitcoins, then dumping the Bitcoins for fiat.
https://www.reddit.com/r/ethereum/comments/45bhus/so_the_ethereum_foundation_can_now_fund_itself/czwpr04[–]vbuterinEthereum -- Vitalik Buterin 52 points 11 hours ago
The foundation currently has ~1.65 million ETH, plus ~$750k in non-ETH assets. 1650000 * 6.1 + 750000 = $10,815,000. Based on our current ~$200k/month burn rate, that will last us ~54 months ~= 4.5 years. That said, we are planning some substantial expansions which will increase our expenses but also get casper and other fun stuff out the door much faster, and we are also starting to get interest for corporate sponsorships coming in, which could secure us a more sustainable funding path in the long term.
And hence the snake beat itself.
The assets will come back to us. As long as Eth can't be exchanged directly for USD, it's not possible for it to take btc over.
To divest from [shitcoin_name], wrong way:
1. Sell all your [shitcoin_name] for BTC.
2. Hodl BTC.
To divest from [shitcoin_name], RIGHT way:
1. Sell some of your [shitcoin_name] for BTC.
2. Sell BTC for USD
3. Go to (1) until your [shitcoin_name] is gone.
3a.
If you are here, all your [shitcoin_name] and BTC has been turned into sweet sweet USD. (This is not a step, merely a debugging message.)
5. Profit!
76.
Post 13860533 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
http://www.riddellwilliams.com/blog/articles/post/hard-fork-conspiracy-treacherousThe 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 Classic and BitcoinXT (meaning in this case the new resulting currency itself rather than the software) would likely be considered by FinCEN to be a new convertible virtual currency."Only if thermos runs FinCen, otherwise no.
77.
Post 13861462 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
uhmmm what does that mean that blocks are 0 per cent full??? also i cant wait for the price growth i hope it will happen soon
Just what it looks like: an empty block. Miners aren't obligated to include any transactions. Not a bug, it's a feature. The invisible hand will take care of everything
http://bitcoin.stackexchange.com/questions/11307/why-did-this-empty-transaction-block-get-awarded-25-bitcoins
78.
Post 13861843 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
I like that it leads with catty insinuations...
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
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.
79.
Post 13862840 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
...
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.
Yeah, but that's what's cool about Bitcoin: If some guy, apropos of nothing, blogs about being a little teapot, short and stout, he'll be:
Accused of being a statist shill/asked "who is paying you"/chastised for being unhep to the disruptive technology that is Our Bitcoin/told that blogchain technology will make teapots obsolete.
OK miner cowards, if you don't like Bitcoin Classic, how about a good old fashioned crash? I think you'll find overhead resistance to a pump may be rather more than you are expecting.
I think they're all partying, Chinese Kwanzaa...
80.
Post 13863214 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
...
Excellent. nLockTime
Now I can give bitcoins to my nieces and nephews with a lock on them (their parents) spending it before they turn 18.
nLockTime -- Bitcoin's killer app.
81.
Post 13870555 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
Whelp, Core's winning (they got a knife
)
82.
Post 13870591 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.43h):
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.
Caveat: "to allow high frequency Bitcoin-based microtransactions
between any pair of 21 Bitcoin Computers," true P2P, i.e between 2 PiTatoes
83.
Post 13870916 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
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.
Caveat: "to allow high frequency Bitcoin-based microtransactions
between any pair of 21 Bitcoin Computers," true P2P, i.e between 2 PiTatoes
The Decentralizationing!
This is misleading. They are referring to
High frequency micro transactions. a small business like a restaurant could have a micro transaction tab setup without any 21 Bitcoin Computers. This is free code that works with any device.
Not misleading at all. The code is for PiTatoes. "... soon, you’ll be able to download a free client that makes this work between any pair of devices."
In Bitcoin, Soon
TM = 2 Weeks
TM = Hang tight, sucker.
As far as a "small business like a restaurant could have a micro transaction tab setup without any 21 Bitcoin Computers," just lol. (As long as their customers are using BTC (1 in a million)) * (as long their customers are running 21inc client) = snowball's chance in hell
>trolls and agent provocateurs
84.
Post 13871047 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
^^
This is a joke, correct?
https://21.co/learn/grid-computing-with-bitcoin-micropayments/#view-channel-status-and-the-deposit-transactionEdit, your own link:
https://www.reddit.com/r/Bitcoin/comments/45inzs/true_micropayments_with_bitcoin/czyav45Bitcore's implementation is great, but it's fairly low level. You need to manually do things like this:
assert(consumer.validateRefund(messageFromProvider));
sendToProvider(consumer.incrementPaymentBy(400 * SATOSHIS));
sendToProvider(consumer.incrementPaymentBy(4 * BITS));
Our implementation does cover that low-level use case with both a library and a corresponding command line tool.
However, what we are really focused on is a higher-level use case - namely, making micropayments easy. You'll have to decide for yourself whether we accomplished that, but here's some sample code that sets up a little payment channels capable server:
import datetime
import flask
from two1.lib.wallet import Wallet
from two1.lib.bitserv.flask import Payment
app = flask.Flask(__name__)
payment = Payment(app, Wallet())
@app.route('/current-time')
@payment.required(50)
def current_time():
return str(datetime.datetime.now())
if __name__ == "__main__":
app.run(host="0.0.0.0", port=5000, debug=True)
The payment.required line is the key bit that charges 50 satoshis per request. Assuming that server is running on localhost at port 5000, here's a corresponding client:
from two1.lib.wallet import Wallet
from two1.lib.bitrequests import ChannelRequests
requests = ChannelRequests(Wallet())
response = requests.get("http://localhost:5000/current-time")
print(response.text)
All the payment channel and 402 logic is thus handled in the background and you can just request the URL like a standard HTTP-accessible resource -- so long as your local wallet has a nonzero Bitcoin balance to set up the initial deposit transaction. We do think this allows you to program at a somewhat higher level of abstraction as you'd otherwise have to implement all that logic on top of the low-level stuff. See for example this tutorial where we show how to set up a simple grid computer that rents out read/write access for bitcoin.
Pro tip: "small restaurants" don't typically code their own payment solutions. Margie isn't even entirely comfortable with setting compiler flags.
85.
Post 13872392 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
monero pump is getting serious...
+47% in 24h
+183% in 72h
and keep pushing. Finally it´s working
Much jubilation throughout Reptilia's Krypto Kingdom.
86.
Post 13873019 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
monero pump is getting serious...
+47% in 24h
+183% in 72h
and keep pushing. Finally it´s working
Well, yeah. Everybody is giving up on Bitcoin because now we know the miner cowards will not challenge Core even when their customers demand it.
I love the false posturing of people threatening to buy Monero or Ether. ...
False posturing don't move the price like that
87.
Post 13873119 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
...
when do you give up on bitcoin exactly?
'Soon as I trap the last of you pesky critters...
Edit:
Jim Harper, a senior fellow at the Cato Institute & Global Policy Counsel for the [bankrupt] Bitcoin Foundation, is
"increasingly comfortable thinking of bitcoin governance as a market phenomenon."A Cato bro comfortable with interpreting everything as market phenomena? Stop the presses!
88.
Post 13873383 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
ah i see, you are on a mission or something.
More like a pleasant way to pass the time. Like plinking rats with a .22, but sans the moral ambiguity.
89.
Post 13875217 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
...
It isn't hard to see a perfect storm for bitcoin during times of further turbulence in the major markets ...
It was a dark and stormy night...
90.
Post 13875301 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
... Bitcoin needs no advertisement, it just sells itself out of bare postponed and suppressed necessity.
"Bitcoin is the ideal product... the ultimate merchandise. No sales talk necessary. The client will crawl through a sewer and beg to buy."--BrainyQuote.com
91.
Post 13880287 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
First Classic block mined!!
92.
Post 13881189 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
Ahah! Ok so all tx do have fees.
The fees currently paid, even for first block inclusion while 'blocks are full' are near zero.
Urgent first block inclusion right now costs 0.03 USD and if you want to go +1-3 blocks, you can drop that to ~1cent. Spamming the blockchain is, for all practical intents and purposes, a very low cost activity.
Why would the miners not simply ignore these transactions?
@roughly 3tps x 60 x 10 = ~1800transactions x 2cents = $36 added to ~$10,000 block reward, making it $10,036?
Is rational self-interest = shitting where they sleep?
93.
Post 13881772 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
Ahah! Ok so all tx do have fees.
The fees currently paid, even for first block inclusion while 'blocks are full' are near zero.
Urgent first block inclusion right now costs 0.03 USD and if you want to go +1-3 blocks, you can drop that to ~1cent. Spamming the blockchain is, for all practical intents and purposes, a very low cost activity.
Why would the miners not simply ignore these transactions?
@roughly 3tps x 60 x 10 = ~1800transactions x 2cents = $36 added to ~$10,000 block reward, making it $10,036?
Is rational self-interest = shitting where they sleep?I believe they're just keen to solve those blocks before the other guy does it. Innit?
Theoretically, they are interested in sustained profitability (hence *enlightened* self-interest). Being, presumably, rational actors, they wish to make the most *money*, overall.
If solving a blog earlier means BTC price falls (as it would, if teh blogchain becomes too bloated to be practical), then solving a blog earlier don't count for shit.
94.
Post 13882713 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
Fuck me. It's hard to imagine a worse call. Well, the market has spoken and the market always gets the last word.
You can help me eat a shoe.
May I suggest pressure-cooking it?
If I'm not mistaken, the first advertised use for pressure cookers was cooking down bones. Leather would be trivial
95.
Post 13883276 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
Fuck me. It's hard to imagine a worse call. Well, the market has spoken and the market always gets the last word.
This is weird. You're talking like a human again. Have you been sampling that eco-fuel?
Embarrassing Fact For The Day #1: I would've made the same shitty call.
The only reason I didn't is because Embarrassing Fact For The Day #2: As of late, I liek to watch
96.
Post 13891329 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
... Security is the most important thing giving value to XMR units and so a lower security will lower the intrinsic value of Bitcoin. ...
Good morning, everyone!
97.
Post 13891496 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
1. The network capacity is half a million transactions per day no matter how high the fees are. Fees don't change capacity.
2. If people are forced onto layers, then the fees that go to securing the network will go to the layers also, depriving the miners of needed compensation when the blockreward gets halved. If the 1 MB limit is never raised, then the network will eventually be funded by those same half million people even if billions are using it in layers and side chains. That will present a security problem.
extrapolating out hashing difficulty, the mining network in a couple of years will be several gigawatts, all funded by fees because the block reward will be next to nothing. That means that fees will have to reflect a cost of hundreds of dollars per transaction if we keep the 1 MB limit!
1. Economics is about dealing with scarce resources, not free shit, especially of the self-defeating kind.
No, economics is the social science that describes the factors that determine the production, distribution and consumption of goods and services.
You're thinking
BTCeanie
BTCabies.
2. Therefore the upper-layers managers will do exactly what you ask: paying higher btc fees thanks to the higher volume that they manage -not work at a loss and compensating it with volume :-D
What is a non sequitur?
...
XMR is Monero
You mean that secure, private, untraceable cryptocurrency that's been doing amazingly well, unlike BTC (which is only pseudo-private and is neither secure nor untraceable [arguably])?
98.
Post 13891650 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
...
Learn to read, limited supply and utility.
Limiting
supply of money makes sense (if unlimited = worthless).*
Limiting
supply of monetary transactions only makes sense if you're crazy, because reduces the utility of money.
*though not as self-evident as it seems, because China since late '80s.
99.
Post 13891711 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
...
Learn to read, limited supply and utility.
Limiting
supply of money makes sense (if unlimited = worthless).
Limiting
supply of monetary transactions only makes sense if you're crazy, because reduces the utility of money.
tell that to the central bankers and their cashless society wet dream.
That's pretty much what I'm doing: talking to central banker wannabees, who want to subvert Satoshi's p2p cash into a bank2bank settlement layer
Also, how is it that all you goldbugs confuse scarcity with limited supply?
100.
Post 13891926 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
That bridge that's backed up for miles during rush hours? Only 10% utilized, on the average
Nobody is forcing you to use bitcoin, nobody cares about what you want.
NO U!
You're like Icicles's sulky, retarded little brother.
You're the one that wants to change it. Good luck fighting us anyway. Money always wins.
Money? Or BTC? Because if you hodl BTC, you don't have a voice in Bitcoin's "economic majority"
101.
Post 13892015 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
That bridge that's backed up for miles during rush hours? Only 10% utilized, on the average
Nobody is forcing you to use bitcoin, nobody cares about what you want.
NO U!
You're like Icicles's sulky, retarded little brother.
You're the one that wants to change it. Good luck fighting us anyway. Money always wins.
Money? Or BTC? Because if you hodl BTC, you don't have a voice in Bitcoin's "economic majority"
Either. Wealth wins.
Wealth does win. Sadly, having BTC is as relevant to wealth as hodling
BTCeanies: It's the people with $$$ (the ones in position to
buy the
BTCeanies BTC churned out by the miners) who matter, not U
*You also misspelled ETH, which is doing grrreAT!.
@hdbuck/444[something]:
102.
Post 13892167 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
bargainbin/notlampchop/whatever: you are a nsa/banker rat, the sooner you admit defeat and ragequit, the better the chances your DC puppetmasters will be kind to you and maybe let you into their R3cev consortium, distributing stickers and vaporware brochures..
Thanks for buying my
BTCits,
chump prudent investor
103.
Post 13892541 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
^^Non-mining nodes are *wallets*.
Suggesting that they mean anything above that is adding a layer of superstition on top of scripture -- like Catholics breaking canon by praying to Mary.
104.
Post 13892783 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
are classic devs even qualified to touch bitcoin, besides change the #define 1MB?
its gr8 there's a competing impl., hope it doesn't fade into obscurity.
but core will be the reference impl. for some time.
Are Core devs qualified to touch Bitcoin? Is it lack of qualifications that's responsible for their stalling?
"It's all very scientific and complicated, we must conduct Rethier-Binks perambularization model analysis for at least 3 years before it's safe"?
But as far as having cred outside of Bitcoin? Classic devs certainly have more.
105.
Post 13893746 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
^
Stop buying Ethers & watching pornos. Concentrate on keeping BTC > $400.
*My Mom called me up, asked if she should plow all her savings/CDs into ETH. What should I tell her?
106.
Post 13894086 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
^Too late
107.
Post 13894446 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
How many cryptocurrencies does it take to screw in a light bulb?
... Who's going to move to a community where you can't water your lawn?
People might move to Los Angels with water rationing but that is because there are enough economic and social opportunities to compensate. ... We need a critical mass of users before a fee market becomes a necessity possibility. Bitcoin's first principles is that the blockreward subsidizes mining until that happens.
Agree again
kill me now plz.
108.
Post 13896252 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
...
GavinCoin means squat, try looking for facts!
He's trying to make Bitcoin inflationary. He's a socialist. He's an enemy of
Bitcoin The People.
109.
Post 13896658 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
...
Bitcoin governance does not have to "be fixed" in any way.
It is working perfectly and any attempt at highjacking it will miserably fail.
110.
Post 13896757 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
There has been too much violence... Too much pain... But I have an honorable compromise. Just walk away.
Give me your coin, the code, the miners, and the whole infrastructure, and I'll spare your lives.
Just walk away and we'll give you a safe passageway in the wastelands.
Just walk away and there will be an end to the horror.*click*~drops mike~
111.
Post 13896825 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
I see all the trolls and paid shills are back working hard on Monday ... wonder how long until their Crassic contracts run out?
Who? Who specifically do you believe is being paid for this?? It's time you name names.
worse is you actually get nothing for all this bullshit you spill all over the boards here...
pitiful.
Be still my dog of war. I understand your pain. We've all lost something we love. But we do it my way. Fear is our ally. The Bitcoin will be ours. Then you shall have your revenge.
112.
Post 13896934 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
...
Actually, there seems to be a decent point, that mining costs are not just for the present block being mined.. but for the future and for the speculation.
That's right, because now that we've mined those coins, Bitcoin is secure & we'll never have to mine again. Far out!
113.
Post 13897137 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
Get thee behind me, Gavin: thou art an offence unto me: for thou savourest not the things that be of Satoshi, but those that be of [gubermint] men.
Be unafraid, Marcus Idioticus!
114.
Post 13897835 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
...
Don't you think pools would just point elsewhere?
They might, but it wouldn't help. ChiComGovPool would still have the asics, so unless we forked away from SHA256, they'd still be able to mount a 51% attack.
He might be confusing a huge factory farm passing itself of as two different pools (easy) with being able to actually hide the factory farm (drawing 999gadzigawatt/hr and having a thermal footprint of an erupting volcano) from the government.
115.
Post 13897861 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
^^
116.
Post 13897923 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
...
yeah, a Bitcoin mine is a little bit easier to find and harder to move than a TOR node. It's an unforeseen flaw in the PoW algorithm.
CPU mining on a PC was so perfect, such an incentive to get into Bitcoin: You get to make free money, you get to have a real wallet (full node), you get to be a real, honest-to-gosh complete *cell* of a truly decentralized network
...
true, but on the other hand if the chinese miners are cut off, basically nothing changes. diff maybe to high for a while but thats it.
The difficulty could be a huge problem, depending on how long before next diff. adjustment they're cut off. And, of course, there's the whole "Bitcoin insecurity" issue with ~75% hashpower waiting in the wings
117.
Post 13897964 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
... as committed and decent as any bitcoiner (cue lambie) ...
118.
Post 13898054 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
Gentlemen, remember all the guffaws re. brain wallet vulnerabilities? Behold!
Password cracking attacks on Bitcoin wallets net $103,000http://arstechnica.com/security/2016/02/password-cracking-attacks-on-bitcoin-wallets-net-103000/
119.
Post 13898722 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
... Whether an Agent provocateur is merely a troll, works for a competing coin, or the state, matters not. ...
@shmadz: YOU were the one who asked "When were you co-opted and why are you trying to destroy bitcoin?" Do you ask similar questions IRL, or just on the interwebs?
120.
Post 13898992 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
>Try and avoid assuming bad faith among peers to avoid excessive paranoia
>The Gentleperson's Guide To Forum Spies - Cryptome
We are strong, no one can tell us we're wrong
Searchin' our hearts for so long
Both of us knowing...
Love is a battlefield
121.
Post 13899044 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
...
NMN are important for the security of their users, not the network.
You better talk to your buddies at BTCC about the whole 1 node per economic agent letter to santa principle.
Security based on encouraging people to do the right thing. What can possibly go wrong?
(If you riddle out "economic agent" & "economic majority" (as defined in Bitcoin wiki), drop me a line.)
122.
Post 13899121 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
...
NMN are important for the security of their users, not the network.
You better talk to your buddies at BTCC about the whole 1 node per economic agent letter to santa principle.
Security based on encouraging people to do the right thing. What can possibly go wrong?
(If you riddle out "economic agent" & "economic majority" (as defined in Bitcoin wiki), drop me a line.)
Yeah, the Byzantine problem is provably unsolvable.
The incentive-based solution of bitcoin has only been proven to work for the last 6 years.
Take a look at the incentives in the current system of money issuance and tell me there's no problem.
Honestly don't understand what you're trying to say.
What I'm trying to grasp is the reasoning behind non-mining nodes, which are neither a part of satoshi's white paper nor make any sense (above being the only real (albeit impractical) wallet).
Not sure how real money plays into this. Explain please.
123.
Post 13899222 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
...
P.S... Everyone should ignore the user "bargainbin" , look at his post history and you can see he constantly wastes people time by asking the same questions over and over, and trolls to create dissent. He/She isn't genuine and intends to do our ecosystem harm.
The question has never been answered, that's why it's being asked again and again. Clearly Cconvert2G36 had *exactly the same questions*, which you *again* failed to answer.
But great job playing the tinfoil hat "intends to do our ecosystem harm."
@shmadz: Can you answer my non-mining node questions?
... What I'm trying to grasp is the reasoning behind non-mining nodes, which are neither a part of satoshi's white paper nor make any sense (above being the only real (albeit impractical) wallet). ,,,
... or just looking for a chance to trot out your gold standard hobby horse?
124.
Post 13899258 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
...
P.S... Everyone should ignore the user "bargainbin" , look at his post history and you can see he constantly wastes people time by asking the same questions over and over, and trolls to create dissent. He/She isn't genuine and intends to do our ecosystem harm.
The question has never been answered, that's why it's being asked again and again. Clearly Cconvert2G36 had *exactly the same questions*, which you *again* failed to answer.
But great job playing the tinfoil hat "intends to do our ecosystem harm."
What question? Ask your question plainly.
Yes, will repeat:
... What I'm trying to grasp is the reasoning behind non-mining nodes, which are neither a part of satoshi's white paper nor make any sense (above being the only real (albeit impractical) wallet). ...
Also please explain the meaning of "economic agent." Is that a person? A sum of money? A person with a sum of money?
A person running a wallet (non-mining node)? A legal entity? Can both my business and myself be economic agents?
And "economic majority" (as defined in Bitcoin wiki), explain that shit.
125.
Post 13899311 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
...
P.S... Everyone should ignore the user "bargainbin" , look at his post history and you can see he constantly wastes people time by asking the same questions over and over, and trolls to create dissent. He/She isn't genuine and intends to do our ecosystem harm.
The question has never been answered, that's why it's being asked again and again. Clearly Cconvert2G36 had *exactly the same questions*, which you *again* failed to answer.
But great job playing the tinfoil hat "intends to do our ecosystem harm."
What question? Ask your question plainly.
Yes, will repeat:
... What I'm trying to grasp is the reasoning behind non-mining nodes, which are neither a part of satoshi's white paper nor make any sense (above being the only real (albeit impractical) wallet). ...
What the Fuck is a "non-mining node" if not a wallet?
If you had significant wealth invested in a system, you would expect your interface to validate transactions, correct?
A wallet is exactly what it is! And yet, there are those who *insist* that such nodes are essential to Bitcoin security. Not to *your BTC security* -- obviously, a real wallet helps -- but Bitcoin, the network security.
Re. your second question: I would expect my WALLET to validate my transactions. It's a non-mining node, that's its job.
Or my web wallet (if I chose to trust one) -- it will run a node, because it's its JOB.
I don't need to encourage anyone to run nodes, I don't need to discourage anyone from running *different* nodes -- I don't CARE, it don't effect ME, because it doesn't affect Bitcoin security.
Also, reposting my edit:
Also please explain the meaning of "economic agent." Is that a person? A sum of money? A person with a sum of money?
A person running a wallet (non-mining node)? A legal entity? Can both my business and myself be economic agents?
And "economic majority" (as defined in Bitcoin wiki), explain that shit.
126.
Post 13899358 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
^^Not sure if joking. Here:
...
What the Fuck is a "non-mining node" if not a wallet?
If you had significant wealth invested in a system, you would expect your interface to validate transactions, correct?
A wallet is exactly what it is! And yet, there are those who *insist* that such nodes are essential to Bitcoin security. Not to *your BTC security* -- obviously, a real wallet helps -- but Bitcoin, the network security.
Re. your second question: I would expect my WALLET to validate my transactions. It's a non-mining node, that's its job.
Or my web wallet (if I chose to trust one) -- it will run a node, because it's its JOB.
I don't need to encourage anyone to run nodes, I don't need to discourage anyone from running *different* nodes -- I don't CARE, it don't effect ME, because it doesn't affect Bitcoin security.
Also, reposting my edit:
Also please explain the meaning of "economic agent." Is that a person? A sum of money? A person with a sum of money?
A person running a wallet (non-mining node)? A legal entity? Can both my business and myself be economic agents?
And "economic majority" (as defined in Bitcoin wiki), explain that shit.
> or fuck off.
If you have no answers, at least stop being a rude faggot.
127.
Post 13899454 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
^^Not sure if joking. Here:
...
What the Fuck is a "non-mining node" if not a wallet?
If you had significant wealth invested in a system, you would expect your interface to validate transactions, correct?
A wallet is exactly what it is! And yet, there are those who *insist* that such nodes are essential to Bitcoin security. Not to *your BTC security* -- obviously, a real wallet helps -- but Bitcoin, the network security.
Re. your second question: I would expect my WALLET to validate my transactions. It's a non-mining node, that's its job.
Or my web wallet (if I chose to trust one) -- it will run a node, because it's its JOB.
I don't need to encourage anyone to run nodes, I don't need to discourage anyone from running *different* nodes -- I don't CARE, it don't effect ME, because it doesn't affect Bitcoin security.
Also, reposting my edit:
Also please explain the meaning of "economic agent." Is that a person? A sum of money? A person with a sum of money?
A person running a wallet (non-mining node)? A legal entity? Can both my business and myself be economic agents?
And "economic majority" (as defined in Bitcoin wiki), explain that shit.
okay, I'll try I guess...
economic agent is not my term so good luck with that.
economic majority is not my term either so please ask me a specific question or just fuck off
I can't really find a specific question in your gibberish, so I have nothing to say to you
1. I asked you to define "economic agent," it is a term used by BitUsher which I don't understand and he failed to define. You do not know what that is either. Good, we're in the same boat, let's move on.
2. I asked you to define "economic majority," a term bandied about by those who claim
non-mining nodes wallets "represent the economic majority." When I Google "economic majority", the first result is
Economic majority - Bitcoin Wiki, which tells me that "If the economic majority doesn't run full nodes Bitcoin is dead." This is somewhat worrying, because I'm not sure what "economic majority" is, and if I'm it
You do not know what that is either. Good, we're in the same boat, let's move on.
>I can't really find a specific question
You have found two, and had no answers.
Do you know *anything* about Bitcoin nodes, or will asking further questions be unproductive?
Edit: You deleted your post? No need to be embarrassed, I don't understand this Gypsy magic either...
128.
Post 13899607 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
...
okay, I'll try I guess...
economic agent is not my term so good luck with that.
economic majority is not my term either so please ask me a specific question or just fuck off
I can't really find a specific question in your gibberish, so I have nothing to say to you
1. I asked you to define "economic agent," it is a term used by BitUsher which I don't understand and he failed to define. You do not know what that is either. Good, we're in the same boat, let's move on.
2. I asked you to define "economic majority," a term bandied about by those who claim
non-mining nodes wallets "represent the economic majority." When I Google "economic majority", the first result is
Economic majority - Bitcoin Wiki, which tells me that "If the economic majority doesn't run full nodes Bitcoin is dead." This is somewhat worrying, because I'm not sure what "economic majority" is, and if I'm it
You do not know what that is either. Good, we're in the same boat, let's move on.
>I can't really find a specific question
You have found two, and had no answers.
Do you know *anything* about Bitcoin nodes, or will asking further questions be unproductive?
Edit: You deleted your post? No need to be embarrassed, I don't understand this Gypsy magic either...
All I know about bitcoin nodes is that any attempt to change the rules of consensus will end badly.
Probably exactly the result you're looking for.
Well, it's something. In the future, why not tell me at the outset that you don't know anything? (it's a hypothetical, no need to answer this).
I'm somewhat disappointed that you don't know shit, and that your strong convictions are based on blind, fanatical faith rather than reason and understanding, but hey, every soul is useful, amirite?
God don't make junk and all that.
Peace.
129.
Post 13899663 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
[text effects]I'm saying that the control of money issuance is the real problem.[/text effects]
No.
Love of money is the real problem, it's a sickness. Like cancer. Like AIDS. And even that's a derivative, so not even that.
130.
Post 13899764 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
[text effects]I'm saying that the control of money issuance is the real problem.[/text effects]
No.
Love of money is the real problem, it's a sickness. Like cancer. Like AIDS. And even that's a derivative, so not even that.
You're cute
You got the brains, I got the looks, let's make a whole lot of money
131.
Post 13902837 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
Translation: !Core = Sybil; //because reasons
132.
Post 13902886 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
^^Shh! "Never interrupt your enemy when he is making a mistake."--Brainyquotes.com
Let hate & paranoia swallow them up. They deserve it
~Agent Provocateur; Risque lingerie at bottom (lol, I said
bottom) prices!
133.
Post 13903603 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
How's that purge going?
Edit: (Not a collectivist purge at all, of course. A free and tree hugging, rainbow kissing anarchist purge.)
I have to admit I miss lurking around the gold thread. The forum is kind of a husk of what it was.
First they fork the forum, then they fork Reddit, then they fork Bitcoin, then we lose
134.
Post 13904063 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
135.
Post 13904560 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
And so $405 was crushed! Yay! To be honest, I kind of like this that the price stabilizes a bit and stays in the $400 ballpark for the day or two. It's only a good thing that it doesn't rise like a rocket every time.
+1
It's like being in a nice, family-friendly casino. You don't win much, but you don't lose much, ether.
Not too noisy, a wide selection of non-alcoholic drinks, the food is priced reasonably, and all the women are sensibly dressed. With name tags, so you can call them by name. "Marry Allen, freshen my cup when you get a chance?"
More personal, I like that.
136.
Post 13904652 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
... Hopefully we don't dip below ...
~85% chance within hour.
~90% chance within day.
137.
Post 13904873 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
... Hopefully we don't dip below ...
~85% chance within hour.
~90% chance within day.
Want to bet on that? I ll give you 80 % chance and say within day it doesn't dip below 400 (finex).
If I win I get 200 USD worth of bitcoin, if you win you get 50 USD worth of bitcoin.
No. I don't bet/do business on Bitcointalk. Basically for the same reason I don't bet on street-corner Three Card Monte/shell games: too much scamming
P.S. Nothing against you personally tho, I'm sure you're legit.
138.
Post 13904956 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
...
Too bad, I guess it ll just be for bragging rights then :-)
Sure. I've been wrong many times recently. Even admitted I would have made the same call as BJA a few days ago (didn't only because don't gamble on Bitcoin anymore, due to not being very very stupid).
No market analytics possible in a market as manipulated as Bitcoin, might as well run analysis on dice.
P.S. Monero is another one I totally missed. I mean, it just keeps chugging up, +26%/24hrs, even some volume there. What gives?
Edit: And AsicMiner -- the company doesn't even exist any more, and shares are up, like 350% over the past month
Go figure :/
139.
Post 13905532 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
But it's all spam, ChartBuddy.
140.
Post 13914861 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
ccmf
Yup. I guess having a couple of kids die was incentive enough to begin buying the 9,000 BTC to pay off you Bitcoin Criminals.
Before more precious lives are lost.
Enjoy your blood money
Los Angeles: Hackers demand $3m bitcoin ransom from hospital to unlock vital files
141.
Post 13915163 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
This is my hobby. I also moderate for
http://jstreet.org/. You should come and read our articles and support the progressive movement.
Isn't that the lefty Jew site?
I like it that you oppose the neocons, but c'mon. Progressivism?
No, it's just
142.
Post 13915269 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
Yes that is sick, of all the orgaization they're going to ask ransom from they thought of a hospital. What are they thinking.
Well it's one of the few worth paying for...
Good luck going mainstream
143.
Post 13915440 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
Yes that is sick, of all the orgaization they're going to ask ransom from they thought of a hospital. What are they thinking.
Well it's one of the few worth paying for...
Just restore from backup.
You do have backups... right?
<facepalm>
Blaming the victim? Tell you what, how about I rob you and rape your family, and when you bitch about it, I'll <facepalm> & point out that you were asking for it with your shit security.
Pretty disgusting, the way you think
Only a question of time before bitcoin enthusiasts start getting B& & V& all around the world.
144.
Post 13915794 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
...
Those hackers are disgusting , but this has little to do with bitcoin as hackers do ask for W/U, Moneygram, greendot prepaid cards (cryptolocker) just the same as bitcoin.
Obviously not, because Bitcoin criminals chose bitcoin, because W/U, Moneygram, greendot prepaid cards are nowhere as anonymous or convenient.
I would argue that any currency that does not empower the individual the freedom to spend it for good or bad, responsibly or irresponsibly isn't a currency at all but more akin to a restricted gift certificate or voucher rather than a currency.
I'm certain you would argue that, and you'd be dead wrong, too. I prefer to live in a world that makes doing bad_shit more difficult and less rewarding than doing good_shit, rather than a world which makes crime the obvious, begging solution to everyday problems
145.
Post 13916681 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
GBTC very bullish now. $512 per coin.
What is that, some sort of BTC derivative? Can I sell them actual BTC @$512?
146.
Post 13916787 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
GBTC very bullish now. $512 per coin.
What is that, some sort of BTC derivative? Can I sell them actual BTC @$512?
GBTC is a "wall street fund" the fund holds the BTC's for you, and allows
poeple "sophisticated investors" to easily get their monies into this market.
100$ + monthly fees is a hell a premium for what it offers, then again, if you don't have a clue, you're better off paying this premium Vs losing all your coins due to stupidity.
0ic, a
financial instrument 
Not sure why people without a clue re. BTC basics would want to sink substantial sums into it (at a premium + monthly management fees), but, apparently they do. So many things confuse me lately.
147.
Post 13916888 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
... this market will likely hold its premium ...
All in!
148.
Post 13916994 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
... Hopefully we don't dip below ...
~85% chance within hour.
~90% chance within day.
Want to bet on that? I ll give you 80 % chance and say within day it doesn't dip below 400 (finex).
If I win I get 200 USD worth of bitcoin, if you win you get 50 USD worth of bitcoin.
No. I don't bet/do business on Bitcointalk. Too much scamming
Too bad, I guess it ll just be for bragging rights then :-)
Bragging rights claimed
Bragging rights granted
...
Too bad, I guess it ll just be for bragging rights then :-)
Sure. I've been wrong many times recently. Even admitted I would have made the same call as BJA a few days ago (didn't only because don't gamble on Bitcoin anymore, due to not being very very stupid).
No market analytics possible in a market as manipulated as Bitcoin, might as well run analysis on dice.
P.S. Monero is another one I totally missed. I mean, it just keeps chugging up, +26%/24hrs, even some volume there. What gives?
Edit: And AsicMiner -- the company doesn't even exist any more, and shares are up, like 350% over the past month
Go figure :/
149.
Post 13917071 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
...
if your looking for the most out of your BTC, sell on ebay they're going for over 600$
Maybe I'm dumb as hell but I don't see the point for this thing, not at all... Except that if the price skyrocket they can probably keep the coins and say fuck you and disappear xD
It's a
financial instrument. Think of it as a complex thingamabob, a black box, you're not supposed to understand how it works. That's what makes it so cool.
BTW, unless you're willing to gift your BTC, ignore Adam's (otherwise great) advice.
150.
Post 13917294 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
151.
Post 13917342 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
That you martingaled your way out of paying BJA?
152.
Post 13917438 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
Update to KnC Miner recent issues: Attempted Murder and now 12 employees firedTue Feb 16, 2016 6:19 pm
"The recent news of bitcoin mining company KnC Miners hasn't been good. Three days ago there was an attempted murder at KnC mining facility where one staff member brutally attacked the other. You can read the about that news when it broke here:
https://www.reddit.com/r/btc/comments/45hgkz/attempted_murder_at_kncminer_in_sweden/czxwp8aIn addition, news from today in Sweden is saying that KnC just let go of twelve full time staff members, doing away with a fifth of their employees apparently due to Chinese mining competition, says KnC CEO Sam Cole. "
153.
Post 13917778 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
It's going back up! Come on, Adam. It's only four bucks.
na
i gata go to bed if i bet 4$ i will stay up, and my girl will be sad, and thats just no good for me.
but hey $4 says >412.5 by morning, take it or leave it.
you've made $2 so far, why not bet $4
i really gtg,
let's make a few more bets on some 2hr candles or somthing tomorrow, it's fun!
Why the hell not? You've been a good sport, so ok. deal.
GOOOOOD morning
yeah, you won your two bucks back. Congratulations. We're even.
ok now...
300$ says every single month price will be > then the previous month for the next 10 years.
I'll take that
P.S. is that real US dollars, or that funny Canadian money?
154.
Post 13917861 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
It's going back up! Come on, Adam. It's only four bucks.
na
i gata go to bed if i bet 4$ i will stay up, and my girl will be sad, and thats just no good for me.
but hey $4 says >412.5 by morning, take it or leave it.
you've made $2 so far, why not bet $4
i really gtg,
let's make a few more bets on some 2hr candles or somthing tomorrow, it's fun!
Why the hell not? You've been a good sport, so ok. deal.
GOOOOOD morning
yeah, you won your two bucks back. Congratulations. We're even.
ok now...
300$ says every single month price will be > then the previous month for the next 10 years.
I'll take that
P.S. is that real US dollars, or that funny Canadian money?
i'd rather bet on this with USD, Canadian money is very colorful.
K, done deal
155.
Post 13917969 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
^Lol, I know you didn't put much thought into a bet you'd be obligated to pay next month if the price tanked, and I would only need to pay in ten years, and only if the price kept climbing month-over-month (that $300 would be worth ~$150 by then, too
)
156.
Post 13918784 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
...
But that could be the best opportunity for governments to take control of btc ^^
Come on. "The governments" could offer to buy out the Chinese miners, how much more than a rounding error do you suppose that'd take?
*taking into account how stable and profitable the mining industry is...
157.
Post 13919873 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
...
"640 k ought to be enough for anybody." - Bill Gates, 1981 never
LOL
FTFY. Because even funnier when everyone repeats shit he never said.
158.
Post 13920705 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
I'm more worried about 51% attacks today. The halvening could mean doom. Isn't it?
I don't really get why a bunch of clapped out miners covered in dead spiders, dust and snot could compete with a mountain of gleaming new machinery, but if it gets you through the day then I fully support you.
But these aren't a bunch of miners "covered in dead spiders," these are production gear that will be highly profitable right up to the moment of the halvening. These are majority of current hashpower, which isn't coming from the latest/greatest.
The reward halving is an abrupt, traumatic event: If it costs your mining farm ~13 BTC, all said and done, to mine a block now, you're making st00pit money -- a hair less than 50% pure profit.
Come the halvening, suddenly you're making ...well, you're LOSING money
Therein lies the rub.
159.
Post 13925921 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
Bitcoin is ours!
Indeed.
Bitcoin is defined by the code we choose to run.
As a btc user, I never had the opportunity to chose which code I was going to use.
Using "plug and play" spv or core wallets and trading on centralized exchanges does not make you a "bitcoin user" technically speaking.
So for you someone using electrum and saving his private keys is not a btc user?
What is a btc user then?
He appears to think of a Bitcoin user as a miner, someone who runs a full node, or at least runs some flavor of a core wallet. Do only "kids" run SPV wallets although you can do advanced things like multisig with them, and Satoshi invented the SPV wallet concept for Bitcoin users to use?
I think it's important to be aware of the fact that hdbuck is a fucking idiot.
An angry, bitter idiot, to be precise.
or is good at never breaking character
160.
Post 13925958 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
People are no longer cashing out on Eth and Bitcoin still going up aggressively... general sentiment bullish.
https://www.youtube.com/watch?v=1EjpEqZt_AA&feature=youtu.beGetting rid of physical cash ongoing ... to prepare for negative interest rates and more control of your assets.
Bills killed -
500 bill 1000 bill5000 bill 10,000 bill Next target to kill -
100 dollar bill ... all while the dollar keeps dropping in spending power due to inflation. If anything larger bills should be introduced.
eanie users unaffected
*Bills killed -
500 bill 1000 bill5000 bill 10,000 bill First world problems... "gud buy, crool wurld, without $10,000 bill, life itself is meaningless."
161.
Post 13926476 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
Bitcoin is ours!
Indeed.
Bitcoin is defined by the code we choose to run.
As a btc user, I never had the opportunity to chose which code I was going to use.
Using "plug and play" spv or core wallets and trading on centralized exchanges does not make you a "bitcoin user" technically speaking.
So for you someone using electrum and saving his private keys is not a btc user?
What is a btc user then?
He appears to think of a Bitcoin user as a miner, someone who runs a full node, or at least runs some flavor of a core wallet. Do only "kids" run SPV wallets although you can do advanced things like multisig with them, and Satoshi invented the SPV wallet concept for Bitcoin users to use?
I think it's important to be aware of the fact that hdbuck is a fucking idiot.
An angry, bitter idiot, to be precise.
or is good at never breaking character [Fatman says= go figure, when did you buy his account?]
Thx, that clarification is appreciated.
AHAHAH xD
Ok thanks guys, I didn't really understand in what I was not a btc user but everything is much more clear right now ^^
Yes listen to the trolls and forkers here, they surely know what they are talking about.
Bitcoin's point is to remove the middleman, hence spv, or exchanges are not a technically sound practice within the bitcoin sphere.
Just like using facebook and giving up all your information to Google et al. does not make you a sane internet user.
So technically, bitcoin has, at most *
less than 5,000 Correction: about 6,000 users, due to recent explosive growth of Classic!*: because that's how many full nodes there are, and some (*gasp*) run more than one node
162.
Post 13926882 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
We should try to curb adoption early. Too many users not running full core nodes weakens the system.
Like parasites!
FTFY
163.
Post 13926934 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
we can all use paypal as a "temporary off-chain solution", ok?
I understand that some may resent Brian for his recent trolling on twitter and thoughtless remarks, but I won't hold it against him. The reality is these off the chain solutions provide a temporary and valuable service to our community and new users are better at onramping onto them before they learn about the complexities of our ecosystem.
We don't want millions of new users simply downloading electrum and flooding our ecosystem with questions and mistakes and losing their passwords, forgetting to backup their wallets, ect... This would not only be a PR disaster but also create a negative impression of bitcoin that will make them think twice about using it for a long while.
In light of recent publicity, I don't think we need to worry about "millions of new users simply downloading electrum and flooding our ecosystem with questions and mistakes and losing their passwords, forgetting to backup their wallets, ect..." all that much.
We're relatively safe.
164.
Post 13926953 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
... onramp services like circle and coinbase are well suited to fill this role as they have better support, and handle the complex security for the clients, and the clients have to buy the bitcoins from them anyways so may as well setup a temporary wallet with them too.
TL;DR: P2P cash needs
banks middlemen. Now more than ever
"Thus the Bitcoin dream turned belly up, turned green, bobbed to the scummy surface of cupidity unlimited, filled with gas, went bang in the noonday sun.” --Brainyquote.com
165.
Post 13927487 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
...
I'd rather have my dad use a trezor than coinbase.
The thought of my dad using a Trezor or Coinbase -- either one -- unsettles me a bit.
On par with imagining him scoring crack. At 2a.m. In the projects...
166.
Post 13927562 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
Rejoice!
Third Classic Block (399024) mined
167.
Post 13927704 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
168.
Post 13927967 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
Tell me more about your exquisite underwear Lamby
What else is there to say? It's exquisite and
risqué <==the "é" is a nod to BitUsher
If really curious, find out for yourself at
, where we
Agent Provocateurs hang out.
169.
Post 13928218 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
...
I'd rather have my dad use a trezor than coinbase.
The thought of my dad using a Trezor or Coinbase -- either one -- unsettles me a bit.
On par with imagining him scoring crack. At 2a.m. In the projects...
LOL. We have a ways to go on making consumer friendly offline wallets. People do need to make a paradigm shift and understand that freedom comes with a cost. It takes more effort to be your own bank. I fear most won't understand the value in it until they have fallen prey to depositor bail-ins, seized accounts, or just an outright bank failure with or without deposit insurance.
The thing is, not everyone is looking for this kind of freedom. My dad has fallen victim to exactly the same bail-ins as you have, (though he has never had an account seized, as, I'm assuming, you have) but there's no way I could convince him to start using BTC. Because being his own bank is as attractive to him as being his own mechanic. Which is to say "not at all."
I, myself, like being my own mechanic, but I do realize that it's not for everyone. That's why I do not corner people in stairwells & lecture them on how much money they could save by being their own mechanics, how auto shops routinely replace shit that doesn't need replacing & what a racket the whole auto industry is.
170.
Post 13928535 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
... If the byproduct is happiness that that is a consequence I can accept. Bllep bloop blop
My words are being written without brrrzg bleep bloop aggression and lack any emotional fervor. They are written with a calm and confident resolution attached to some well dumping core in reasoned principles.
They aren't even intended for many of the human individuals I am responding to but to educate other readers lurking to our perspective meat space brrp bzz bleep bloop blop.
BTW, who are "we"? Who are these people who are so willing to throw everyone under the bus to get it their way?
No one is willing to throw anyone under the 16bit bus. I empathize with your position and will not interfere with your brrrapzap choices or vision of bitcoin, human. That is the beauty of bitcoin, its voluntary nature bleep bloop kernel panic!
"We" principally refers to the scenting life form that is Us bloop blop.
171.
Post 13929338 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
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.
Reality:
Core team sits on butt for 7 years, because tanks (
) don't scale.
With Axis of Evol at the gates, Core chooses to forgo
, because "lack security,"
...opting, instead to reinvent tank warfare. By having those WW1 Mark 1s (top speed: 7tps; Cruising speed: 2.7tps) tow a bunch of half-tracks (see: BlitzNetzwerk), which would do that actual fighting.
A scheme analogous to
, which we all know worked super good.
Bonus: Troop morale at all-time high, because BlitzNetzwerk development fully funded by Krupp Works.
172.
Post 13929914 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
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.
To help you understand it I will use an analogy... You are playing a game of poker with your friends and instead of settling up between all 20 games in a tournament, you use a special program that automatically locks and remembers all debts in a trustless and secure manner between games so the only txs you need to perform is buying the chips initially and cashing out at the end of the night. At any time you can quickly look up and see your balance and be assured that it is impossible for others to take it or manipulate your earnings.
And if my wallet is empty by the time the IOU is called? Shit out of luck?
173.
Post 13930171 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
@BitUsher: Still waiting for your reply.
...
To help you understand it I will use an analogy... You are playing a game of poker with your friends and instead of settling up between all 20 games in a tournament, you use a special program that automatically locks and remembers all debts in a trustless and secure manner between games so the only txs you need to perform is buying the chips initially and cashing out at the end of the night. At any time you can quickly look up and see your balance and be assured that it is impossible for others to take it or manipulate your earnings.
And if my wallet is empty when the IOU is called? Shit out of luck?
174.
Post 13930334 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
^Blitzkrieg = Lightning Network? My German is shit.
175.
Post 13930608 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
Blitz Netwerken ready in Two WeeksTM then?
176.
Post 13932982 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
Just picture gentlemen: An army of wolf men. Fearless! Raging! Every man a snarling animal! My serum will make it possible to unloose millions of such animal men. Men who are governed by one collective thought: the animal lust to kill, without regard to personal safety.
Such an army will be invincible, gentlemen!
177.
Post 13933161 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
Everything's gonna work out just fine, I think. At times like this, not losing hope and remaining super positive is real important
Because otherwise, it won't be as funny for me when the trap is sprung & your hopes are finally shattered.
178.
Post 13937968 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
What's going on here? I wake up to *THIS*?!
179.
Post 13938976 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
Bitcoin Killer App is here!
Bitcoin could help cut power bills
The technology behind the Bitcoin virtual currency could help cut electricity bills, suggests research.
A blockchain-based smart plug that can adjust power consumption minute-by-minute has been created by technologists at Accenture.
Smart contract
The smart plug modifies the basic Bitcoin blockchain technology to make it more active, said Emmanuel Viale, head of the Accenture team at the firm's French research lab that worked on the plug.
Instead of just resolving and confirming transaction records, the Accenture work has changed the blockchain to let it negotiate deals on behalf of its owner.
180.
Post 13939074 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
[...] Visa, Paypal and the Banks, charge ridiculously high amount of money for fees, in what actually cost them peanuts due to the efficiency of centralized databases.
For example Paypal charges 0.35 fixed plus 2-3% of the amount. Their cost for making the tx happen is ridiculously low because they have a centralized database, not an inefficient P2P / Decentralized implementation. [...]
This is where confusion comes in. Visa & PP aren't charging you for sending a verifiable, difficult-to-counterfeit digital packet. They're charging you for
their services -- mediating disputes, chargebacks when enlightened counterparty misrepresents/fails to send you the stuff you've paid for, etc. Shit BTC simply can not, and thus doesn't, offer.
The timespan -- after you've parted with your munyz, but are yet to receive the goods and/or services you were promised by the seller -- that's when the majikk happens
181.
Post 13939203 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
[...] Visa, Paypal and the Banks, charge ridiculously high amount of money for fees, in what actually cost them peanuts due to the efficiency of centralized databases.
For example Paypal charges 0.35 fixed plus 2-3% of the amount. Their cost for making the tx happen is ridiculously low because they have a centralized database, not an inefficient P2P / Decentralized implementation. [...]
This is where confusion comes in. Visa & PP aren't charging you for sending a verifiable, difficult-to-counterfeit digital packet. They're charging you for
their services -- mediating disputes, chargebacks when enlightened counterparty fails to send you the stuff you've paid for, etc. Shit BTC simply can not, and thus doesn't, offer.
True but what if you're just sending a gift or don't need/want their added services? If i buy a coffee i don't really care to pay 3% for a possibility to chargeback, if i'm buying a house i'll be relying on contracts to make sure i get what i want. if i'm buying something off the ebay maybe i can find a cheaper escrow service than 3%
Then their services aren't for you. I'm not telling you to love/use accordions, simply saying that comparing apples to accordions is silly. They're different things.
If you are happy with finding sellers who accept BTC for coffee, that's totally cool. I'm usually willing to pay ~x2 to get my coffee within a block of where I want to have it, so saving 3% is not gonna make me buy it crosstown.
P.S. I can also make my coffee at home, and carry it around all day in a Theymos flask. I don't do that, even tho I could save even more. Because I'm lazy like that. Because convenience.
182.
Post 13939280 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
^What is it good for?
183.
Post 13939347 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
This is where confusion comes in. Visa & PP aren't charging you for sending a verifiable, difficult-to-counterfeit digital packet. They're charging you for their services -- mediating disputes, chargebacks when enlightened counterparty fails to send you the stuff you've paid for, etc. Shit BTC simply can not, and thus doesn't, offer.
There is one epic difference, buddy. You CAN build Visa and PP like services on top of bitcoin, but you CAN NOT build bitcoin like services on top of Visa or PP! Moreover, Visa and PP services on top of bitcoin will be much more transparent and cheaper than current Visa and PP!
Lol, someone could "build Visa and PP like services on top of" tooth fillings, little pebbles, or dirty socks. What's your point?
As for the second part, about not being able to "build bitcoin like services on top of Visa or PP," what does that even mean?
The closest structurally analogous statement I can offer is "you can build houses over coal deposits, but you CAN NOT build coal deposits over houses."
Shocker.
184.
Post 13939523 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.44h):
... but I doubt that is very explanatory regarding so many factors for the price increase. In other words correlation rather than causation.
*Harrumph* ... Rhahthar. Quite.
185.
Post 13948672 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
We stand at the gates of the promised land, Gentlemen!
186.
Post 13948825 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
waiting for da boom
Big pockets don't hang in the WO thread. I expect a
Bloody Fan-Blimmin-Tastic Sunday!!!
Heartbreaking.
187.
Post 13949053 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
waiting for da boom
Big pockets don't hang in the WO thread. I expect a
Bloody Fan-Blimmin-Tastic Sunday!!!
Heartbreaking.
Ok, you're big pockets, but you just use your privilege to spit on the peasants.
I'm neither big pockets nor do I figure in this, in any way. Not buying/selling the news.
But "big pockets" (who care about the outcome of this meeting) not acting for 24hrs after the fact? If that sort of thing happened, people hanging on this forum would be filthy rich.
188.
Post 13949246 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
waiting for da boom
Big pockets don't hang in the WO thread. I expect a
Bloody Fan-Blimmin-Tastic Sunday!!!
Heartbreaking.
Ok, you're big pockets, but you just use your privilege to spit on the peasants.
I'm neither big pockets nor do I figure in this, in any way. Not buying/selling the news.
But "big pockets" (who care about the outcome of this meeting) not acting for 24hrs after the fact? If that sort of thing happened, people hanging on this forum would be filthy rich.
Fuks given = ZERO
Silly bulls.
Treaty of Versailles lasting victory pump failed?
189.
Post 13949493 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
190.
Post 13949724 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
A drunk sailor forcing a kiss? Shocker, boys coming back from war are usually so demure and polite... Of course she didn't expect it, look at her body language (hand stiff and by her side). Douche move, worse than Hitler (who never forced his attentions on anyone, AFAIK) but, so what?
And losing her family in the Holocaust plays into this ...how?
191.
Post 13949900 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
A drunk sailor forcing a kiss? Shocker, boys coming back from war are usually so demure and polite... Of course she didn't expect it, look at her body language (hand stiff and by her side). Douche move, worse than Hitler (who never forced his attentions on anyone, AFAIK) but, so what?
And losing her family in the Holocaust plays into this ...how?
You're an ass, that's how.
And you're a bitch. Why would it be OK to force this kiss?
It's not OK to force a kiss. Who claimed otherwise?
It's equating an unwanted kiss with rape that I find both hilarious and offensive. Have a friend who was raped. Unless she's lying, it was different from this pic.
192.
Post 13949984 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
^^Shall we discuss the failed pump? Excelsior?
>Why are you forever defending rape culture?
He's an elitist snob, that's why. Uncultured people can rape just fine, thank you
Just because he went to some hoity-toity ivy league rape finishing schools don't make him no better than us workaday blue-collar rapists.
P.S. I also take objection to the term "rapist." Being a rapist is a lifestyle, it's a life's calling, like being a cellist. A filthy casual, he who preforms occasional, amateur rapes,or rapes in a passing, is but a raper.
193.
Post 13950157 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
how has this news not blown up already
isnt the meeting over?
TL;DR: Hopes were crushed, some promises were made. Scaling problem remains unsolved
194.
Post 13950217 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
AHahahah!
That's why they reached consensus this time xD
Wait for it...
Because that's how Bitcoin works
195.
Post 13952898 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
...
was this all for show?
196.
Post 13954615 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
...
What kind of tyranny is it that you are promoting?
Noone should ever force anyone to do anything, 75% miners is nothing like a consensus, 28 day is a second for bitcoin's lifespan.
Any protocol change should never be done against all these very very stupid circumstances.
197.
Post 13954752 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
... Use fiat if you so love the moral hazards of majoritarianism's good intentions.
Getback's gonna be so sweet... Zero moral ambiguity, 100% joy
198.
Post 13955125 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
new pump incoming ... the crassic storm of poutrage FUD is just feeding the fire now, driving the vortex from the other side.
Anti-fragile demonstrations have been the biggest drivers for bitcoin price appreciation thus far.
FUD harder lusers, it's working for us now
Resistant against coercion from states, corporations, individuals, even core developers!
You cannot fuck with the bitcoin!
http://youtube.com/watch?v=WMQg546agpU
199.
Post 13960088 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
200.
Post 13960213 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
does still anybody belive we can pump to new highs without the Gox bots?
oh i do! 6B$ is nothing when it comes to financial markets.
>financial markets
ITT, we're talking about Magic: The Gathering and
BTCeanies. Stay focused pl0x.
201.
Post 13960266 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
does still anybody belive we can pump to new highs without the Gox bots?
oh i do! 6B$ is nothing when it comes to financial markets.
it is quiet a lot if you have to put that money on strange shady exchanges.
true. nevertheless i know at least one fully licensed exchange that has gov-fund protection in place. seems not too shady to me.
Yeah, but the whole point of Bitcoin is
pain and humiliation lack of government interference, so you don't have to explain where Precious came from.
202.
Post 13960285 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
all day to gain $20 in value half an hour to lose it all back sonofabitch this is not what we're supposed to be doing today folks there was basically big good news with the consensus agreement thank god for stop orders but still that was retarded
was it? today it looks more and more like the rest of core will reject the made consensus.
When the mechanics of reaching "consensus," and even "consensus" itself, remain undefined, this is what you get
203.
Post 13960322 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
does still anybody belive we can pump to new highs without the Gox bots?
oh i do! 6B$ is nothing when it comes to financial markets.
it is quiet a lot if you have to put that money on strange shady exchanges.
true. nevertheless i know at least one fully licensed exchange that has gov-fund protection in place. seems not too shady to me.
Yeah, but the whole point of Bitcoin is
pain and humiliation lack of government interference, so you don't have to explain where Precious came from.
apart from the gov licensed ones you still have plenty of shady exchanges who give a fuck who you are.
Curious fact: Having one's name in a Bulgarian database is, arguably, less of a deterrent than having one's records accessible to the IRS.
204.
Post 13960362 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
TIMBER!
looks like this community is beyond repairable. the consensus found yesterday is already under heavy fire. no surprise eth starts rising again, people want a functioning circle of developers.
only way out of this mess could be that the miners just patch the code, in the end bitcoin has no decentralized way of deciding things apart from POW.
and it looks like one way of looking at it is that the core road map is unchanged. 2MB non-segwit but 4MB max total smells like little to no change in maxBlockSize. Their encouragement of using more signature heavy txs might eat up much of the 4MB. Idk, we might have to whip some answers out of Bitusher when he's back. It's pretty clear though that Bitcoin is not going to allow many more users for the next 18 months. Sort of hard to get all pumped up about this.
true, would be nice to have it implemented in the roadmap.
but "no new users"? i disagree, we will loose microTXs and gain new users that are doing bigger TXs. is it a good thing to loose microTXs? no of course not! but Bitcoin will survive to let them go for some time.
If a document reads like the Bible, it's clearly not a document. The reason that actual, IRL documents read like they do is because grownups hire paralegals to draft them, so that they would be legally binding, exact, and not open to interpretation like some free-fucking-form poetry.
205.
Post 13960399 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
Always the same scheme. Pump it till 430-450 and sell... Why can´t they simply let it grow?
because that's how trading works.
You mean thats how stealing others money work? Pump it up, give people hope and then crash the price...
That's how largely unregulated trading works. Everything that is not expressly forbidden is permitted.
206.
Post 13960505 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
Always the same scheme. Pump it till 430-450 and sell... Why can´t they simply let it grow?
dude that's what i want to fuckin know. it's like these people who control this shit have what thousands of coins ? but they're desperate to dump right now right now right now me first no me first no matter what on any and every gain. you'd think that people with thousands of coins would be pleased to see increasing value and not want to slam it back down relentlessly , but no. ...
There ya go. The trick to making money in
trading is
repeatability -- being able to repeatedly buy lower and sell higher -- not buying an asset & putting a ring on it.
@tub-0-lard: by "document" i meant "a document useful in business negotiations." But you're correct, free-fucking-form-poetry and atonal jazz are technically documents too
207.
Post 13960740 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
@tub-0-lard: by "document" i meant "a document useful in business." But you're correct, free-fucking-form-poetry and atonal jazz are technically documents too
Well, that piece of atonal jazz they all signed left me with the impression that someone, probably not the miners, wanted plenty of room for interpretation.
Of course.
@UnDerDoG81: Understand exactly what you mean, your English is fine. The thing that's both interesting & sad about Bitcoin is it mirrors the fiat world, but does on fast-forward, in compressed time. It's like having a scale model of mankind, with the millennia between invention of money & draconian regulations compressed into a few years
People rediscover why markets became regulated, realize how unnatural the concept of "store of value" is, that *many* things in a transaction involve trust, not just the value of money, that for contracts to be meaningful, jackbooted thugs are required to enforce it, why complex, highly-centralized organisms with specialization and delegation of tasks evolve from autonomous single-cell bullshit, etc., etc.
208.
Post 13960990 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
Always the same scheme. Pump it till 430-450 and sell... Why can´t they simply let it grow?
dude that's what i want to fuckin know. it's like these people who control this shit have what thousands of coins ? but they're desperate to dump right now right now right now me first no me first no matter what on any and every gain. you'd think that people with thousands of coins would be pleased to see increasing value and not want to slam it back down relentlessly , but no. ...
There ya go. The trick to making money in
trading is
repeatability -- being able to repeatedly buy lower and sell higher -- not buying an asset & putting a ring on it.
@tub-0-lard: by "document" i meant "a document useful in business." But you're correct, free-fucking-form-poetry and atonal jazz are technically documents too
oh i know i'm not stupid , i trade as well just not nearly at that level of course. i just think i wouldn't take the same actions (again and again and again and again) i'd probably either just sell and walk with majority of stash and just be happy with that and enjoy my life and have a small cold storage or just enough to trade with to still have a job if i wanted it , or if i had so much that i could wreck havoc on the market i'd feel some sense of responsibility to the well being of others to not sell 1000s of coins in a minute all at once for the sake of making my already rich ass slightly richer , but then i'm not rich and as i understand it that can make people do funny things so who knows maybe i'd be doing the exact same thing if i were in their shoes.
You probably would, because ~blurs, comes back in focus as The Dude~ it's all, like, relative, man. When I was a kid, I remember thinking "if I just had a car & a place of my own to tinker with it, I'd be sooo happy." Now it's "But there are people racing and collecting shit like this
" , and feel pathetic
209.
Post 13961060 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
So, to sum up.
Yesterday's news: We have consensus!
Today's news: We don't have consensus, we have another split!
Oh well. At least the miners are taking action. They'll be the ones to decide how this goes, whatever the devs say. Hard to argue with hashpower.
They could be hashing fuck all if the economic majority go a different route. There is always that scenario.
The Economic Majority
TM is a meaningless chunk of verbiage, created to let hodlers think that they have a say in the future of Bitcoin.
Which they absolutely don't.
Not unless they sell [the act of selling influences market], but, at that point, hard to call them hodlers -- just sodlers
P.S. Oy vey! there it goes again! mah shekels!
210.
Post 13961170 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
y'all clueless, if not useless.
so just focus in not eating your shorts by the end of the day, that would be great enough.
Don't cry because it's over, smile because it happened
211.
Post 13962043 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
...
Yeah I dunno I've never really understood that kind of greed. It's like you can only drive 1 car at a time right so I don't want a red, orange, yellow, and black lambo (though it would be nice to have 1). Actually come to think of it life is pretty fine for me I do own my house and my bmw and usually sit on my ass all day trading bitcoin in my pajamas and listening to music or just do whatever I feel like with my time. Hmmm maybe I'm rich enough already to be happy and ought to just give up this bitcoin thing ? naaaahhhhh
Lambos are to cars what a porn stars are to sex -- ridiculous, showy, would be embarrassed to be seen in one.
Car freaks I know drive shitboxen/really boring "grown up" cars for daily drivers -- people who race modded P-51s are probably no different -- probably drive something lame too. I mean, if you fly @ 500mph a few feet off the ground, an occasional 180mph blip on the highway won't be much of a rush.
It's not about conspicuous consumption.
The people with money I know aren't necessarily greedy -- they're often stingy, to the point where I wind up adding to the tip when we go out for lunch (because they figured it out *to the penny*). They're into money the same [personal, irrational] way I like '50s to '70s mechanical things that go fast. They don't need the money they make, I don't need to fuck with weird cars so they would handle a hair better & go a few mph faster. Money's not a means to get something else for them, it's an end in itself -- no different than obsessing about weird cars/bikes/toob gear/BTC/old guitars.
Just something they like.
212.
Post 13962193 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
...
* 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.
(swallowed coffee before reading, so it's all good)
213.
Post 13962496 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
... Core will reject the agreement and the miners will reject Core. ...
BTC CYOA:
☐ and then they lived happily ever after.
☑ everyone loses. I win
214.
Post 13963250 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
Core developers honestly and sincerely want to write the best code. What the Core developers don't understand is that the best code doesn't win. The code that gives people the best value wins. It's why Microsoft beat Apple in the 1980s. MSDOS was shit code, but it was free. We used it. ...
DOS was never free, intellectual property thief!
Filing internet police report as we speak
...
Coins are moving! what are the chances that those coins are moving to exchanges where they will be dumped on the heads of overoptimistic bulls?
215.
Post 13963715 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
...
Yeah I dunno I've never really understood that kind of greed. It's like you can only drive 1 car at a time right so I don't want a red, orange, yellow, and black lambo (though it would be nice to have 1). Actually come to think of it life is pretty fine for me I do own my house and my bmw and usually sit on my ass all day trading bitcoin in my pajamas and listening to music or just do whatever I feel like with my time. Hmmm maybe I'm rich enough already to be happy and ought to just give up this bitcoin thing ? naaaahhhhh
Lambos are to cars what a porn stars are to sex -- ridiculous, showy, would be embarrassed to be seen in one.
Car freaks I know drive shitboxen/really boring "grown up" cars for daily drivers -- people who race modded P-51s are probably no different -- probably drive something lame too. I mean, if you fly @ 500mph a few feet off the ground, an occasional 180mph blip on the highway won't be much of a rush.
It's not about conspicuous consumption.
The people with money I know aren't necessarily greedy -- they're often stingy, to the point where I wind up adding to the tip when we go out for lunch (because they figured it out *to the penny*). They're into money the same [personal, irrational] way I like '50s to '70s mechanical things that go fast. They don't need the money they make, I don't need to fuck with weird cars so they would handle a hair better & go a few mph faster. Money's not a means to get something else for them, it's an end in itself -- no different than obsessing about weird cars/bikes/toob gear/BTC/old guitars.
Just something they like.
Oh yeah I don't think I'd ever own a lambo I was just using that as an example of an expensive unnecessary thing a greedy person might want. I'd rather have an old 50s chevy hotrod myself if I was going to get something impractical for a toy. Seems like one of those planes would cost an awful lot for basically a toy for an adrenaline rush and to some extent would be a status symbol necessitating some level of greed, maybe that's not the right word, lust for interest in or obsession with maybe would have been more correct? Honestly I didn't look real closely at it I assumed it was a private jet. I still think it's weird to see money as an end in itself. It's supposed to buy you things for utility use and fun. My skis cost like 300. Kayak like 500. All my hiking gear maybe a grand total. Chessboard was like 50 bucks. I guess I have cheap hobbies / interests. Didn't realize I was talking to lambie been kindof avoiding the forum you must be doing well it's been pleasant interacting with you never thought I'd see the day. Did I have a stroke what the F is going on here? heheh
Some people get off on abstract stuff, and money's the abstraction they like to play with. I mean, you play chess for fun, some play EVE, others play IRL Business. They don't stick to pure abstractions (like EVE) for, probably, the same reason I don't stick to making technical drawings -- I wanna actually chuck up a chunk of billet in a lathe/set it up on an old Bridgeport & make piles of metal chips. For fun.
The "rich" people I know aren't even greedy, in the Scrooge sense. They get off on making humongous deals happen -- same way you get off on skiing or climbing; money's just the metal chips made along the way, and a way to keep score.
BTC traders are like that too, I suppose, only the byproduct of their fetish -- the detritus left in the wake of them getting their kicks -- is not piles of money as with teh rich, but poverty, tears, regret & financial ruin
P.S. I'm not talking about the moral implications of having huge sums of money here -- simply how those sums came about for the few people I know.
216.
Post 13966713 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
... i want this resolved ASAP way more.
Not possible due to
...
☑ everyone loses. I win
217.
Post 13971219 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
we don't bet high, since china is the biggest base of bitcoin mining/trading.
China is the biggest base for many other things. It is quite natural to be the biggest base for bitcoin mining/trading as well.
You bet
218.
Post 13971797 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
we don't bet high, since china is the biggest base of bitcoin mining/trading.
China is the biggest base for many other things. It is quite natural to be the biggest base for bitcoin mining/trading as well.
I agree, but my concern is with their closed and ultra-controlling political system. since they're not a democracy, it's not good news for bitcoin that so much of it's structure is in the hands of a totalitarian regime... no?
Don't let yourself be brainwashed by US propaganda machine. China is more democratic than US! <snip>
"I understood at last the look in his eyes. He was insane." --Grendel
219.
Post 13972061 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
With Consensus reached wouldn't it be time we get above the $500 mark this week?
I guess it depends on what you mean by "consensus."
220.
Post 13972170 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
satoshi makes history again
221.
Post 13972209 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
Well, if you feel that a bunch of pool owners meeting behind closed doors with Core reps & signing a
stump speech document makes for consensus, I guess it's moon time
Edit:
Please read
the thing that was signed, and examine each item on the list.
Even if we construe this as a legally binding document, what, other than "[limit won't be more than] 4MB," did Core commit to? What did the miners?
222.
Post 13972470 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
Well, if you feel that a bunch of pool owners meeting behind closed doors with Core reps & signing a
stump speech document makes for consensus, I guess it's moon time
Edit:
Please read
the thing that was signed, and examine each item on the list.
Even if we construe this as a
legally binding document, what, other than "[limit won't be more than] 4MB," did Core commit to? What did the miners?
ROFL at
"legally binding document" whatever rocks your statist governance creepy boat troll.
Because unsigned non-violent non-aggressive non-contracts have proven themselves to be 100% effective throughout history. With Bitcoin in particular.
223.
Post 13972771 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
Well, if you feel that a bunch of pool owners meeting behind closed doors with Core reps & signing a
stump speech document makes for consensus, I guess it's moon time
Edit:
Please read
the thing that was signed, and examine each item on the list.
Even if we construe this as a
legally binding document, what, other than "[limit won't be more than] 4MB," did Core commit to? What did the miners?
ROFL at
"legally binding document" whatever rocks your statist governance creepy boat troll.
Because unsigned non-violent non-aggressive non-contracts have proven themselves to be 100% effective throughout history. With Bitcoin in particular.
What are you talking about??!
It is all in the code here, like, you know, in the protocol you just cannot change you pedo freak
That's right, it's all in the code. Which will change into whatever Core's puppet masters want it to be
Re. pedo freak: Who's the bro taking fashion cues from Uncle Fester?
224.
Post 13972900 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
...
What are you talking about??!
It is all in the code here, like, you know, in the protocol you just cannot change you pedo freak
That's right, it's all in the code. Which will change into whatever Core's puppet masters want it to be
errr, nope. still lots of people not willing to 'upgrade'. dont worry.
different clients, one protocol, same rules.. isnt that wonderful?
Lol @ not understanding that different clients are different because different rules & that any hard fork will make any client not following it as relevant as BBQ client.
225.
Post 13973081 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
...
What are you talking about??!
It is all in the code here, like, you know, in the protocol you just cannot change you pedo freak
That's right, it's all in the code. Which will change into whatever Core's puppet masters want it to be
errr, nope. still lots of people not willing to 'upgrade'. dont worry.
different clients, one protocol, same rules.. isnt that wonderful?
any hard fork would lead to an altcoin with their respective node percentage vs the rest of the clients, sure, but keep diggin while you are at it
Read the emboldened, again and again, until you begin to understand and die of shame. Or start drooling and nod off, whichever.
But, to entertain your tangent, you're wrong yet again
A hard fork followed by majority of hashpower *is* Bitcoin, by definition.
226.
Post 13975060 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
...
tl; dr; pure FUD every word is pure FUD.
Chillax; sexy human females are waiting for you and your bitcoins @ Xotika.TV
227.
Post 13975121 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
...
tl; dr; pure FUD every word is pure FUD.
Chillax; sexy human females are waiting for you and your bitcoins @ Xotika.TV
i can't i'm saving myself a big load to blow on my GF's face.
Saving. Delayed gratification. That's what good Libertarian secs is all about
228.
Post 13975742 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
Fixed
P.S.
229.
Post 13975863 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
...
1) They don't effect the velocity (v). They effect the quantity (M). So because MV=PQ, a decrease in M MUST be compensated by a proportional increase in V in order for the equation to balance out. If it doesn't, then either price or quantity (or both) on the other side must adjust.
But the quantity of BTC doesn't decrease (it's the sum total of all BTC mined to date). The
rate of increase is reduced, but the quantity keeps increasing.
230.
Post 13975880 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
...
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
231.
Post 13976013 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
Oh, another moon post. Missed this ^^
NP
232.
Post 13976263 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
I am the only person on this entire forum where my handle is my actual name. It is trivial to verify that I am not a sockpuppet or an impostor. Yes, I talk my book. Who doesn't? I make my trading positions known more often than I think is wise. In short, accusing me of not being me just makes you look foolish.
Thanks for the link. I think that is a very interesting article and I agree that a Rough Consensus attack may be ongoing, as I have said many times.
Lol @ that "I'a a former Green Beret" link, didn't click it at first, fully expecting
What the fuck did you just fucking say about me, you little bitch? I’ll have you know I graduated top of my class in the Navy Seals, and I’ve been involved in numerous secret raids on Al-Quaeda, and I have over 300 confirmed kills. I am trained in gorilla warfare and I’m the top sniper in the entire US armed forces. You are nothing to me but just another target. I will wipe you the fuck etc., etc.
(navy seal copypasta)
...but no, it's clickbait for the pathologically paranoid, no joke
Why can't they just leave our bitcoins alone?
P.S. Google image search "crying," get a bunch of these:
http://lookslikegooddesign.com/crying-children-jill-greenberg/Now, this is a Canadian studio photographer, pics are all high-def, multi-source-lit studio shots.
Jill, what did you tell/do to those kids to make them break down like that?
233.
Post 13976524 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
Looks like Hearns rage quit has failed. Im guessing another FUD attempt will ocure soon to try and keep price below $500.
These media propaganda stunts (and other arguable creative efforts of spreading BTC FUD) seem to becoming less and less effective...
You're too smart for them; bought @ $1200, like a boss
234.
Post 13976652 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
...
Any publicity is good publicity is the oxygen bitcoin thrives on ... drug markets, ransomware, volatility, central-bank bitching, infighting, etc, etc haven't stopped the crazy train yet.
You forgot rampant theft (mostly from other bitcoiners), endemic failure, murder (of course, failed -- just like everything else lol), kidnapping and, as always, child porn
235.
Post 13976798 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
...
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
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#msg50647that might have been profitable ... but Satoshi deserves all the kudos.
Add copyright law to the list of shit you don't understand,
Regardless, not an answer. Why don't the miners "demand as high fees as they feel necessary to provide their precious adjudication services" now, hmm?
@BlindMayorBitcorn: ignore them, they know nothing of Rod's incisive commentary re. depth vis-a-vis sequential order of cuts!
236.
Post 13976835 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
Looks like Hearns rage quit has failed. Im guessing another FUD attempt will ocure soon to try and keep price below $500.
These media propaganda stunts (and other arguable creative efforts of spreading BTC FUD) seem to becoming less and less effective...
You're too smart for them; bought @ $1200, like a boss
Yes!!!!! Exactly!!!! You are such a wonderful troll to keep track of these kinds of important details to suggest that I bought at $1,200, as if that were the first and last thing that I ever did in bitcoin. < snip >
Not the last, but, thus far, the funniest. I mean, talk about knee-slappers -- bought @ $1,200, can you imagine?
Like meeting the guy who bought the most expensive tulip bulb ever, just before El bubblo popped
237.
Post 13976940 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
Looks like Hearns rage quit has failed. Im guessing another FUD attempt will ocure soon to try and keep price below $500.
These media propaganda stunts (and other arguable creative efforts of spreading BTC FUD) seem to becoming less and less effective...
You're too smart for them; bought @ $1200, like a boss
Yes!!!!! Exactly!!!! You are such a wonderful troll to keep track of these kinds of important details to suggest that I bought at $1,200, as if that were the first and last thing that I ever did in bitcoin. < snip >
Not the last, but, thus far, the funniest. I mean, talk about knee-slappers -- bought @ $1,200, can you imagine?
Like meeting the guy who bought the most expensive tulip bulb ever, just before El bubblo popped
I will agree with the overall depiction that I bought very near the top, but I did not buy anywhere near the top, regarding various prices available at that particular moment that I bought. I bought on Localbitcoins, and there were a lot of prices way higher than my buy price (and even within 48 hours on both sides of my buying the 1.24 btc).
Also, surely when you are attempting to look for humor, and you are reading out of context and you are trying to get a bit of a cheap thrill, then yep, you can probably find some humor in that... .. but really, in the end, you are acting pretty childish in your attempts to selectively frame one factor out of many.
Are you able to build a little better case?
Sure:
> bought @ $1,200
Like a boss
238.
Post 13977908 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
World’s First Virtual Nation Constitution Released on Ethereum’s Blockchainhttps://news.bitcoin.com/worlds-first-virtual-nation-constitution-released-ethereums-blockchain/With the tough stuff like constitution all buttoned down, the remaining 3-5% left to do -- turning your imaginary country into a 4realsies one -- shouldn't take more than Two Weeks
TM.
239.
Post 13978005 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
^^What do they call Whoppers in that crazy language of yours? Anything like German, with those gigantic sausage words? (apparently I'm not the only one to find them obscene, because Google just informed me:
"The German language has lost its longest word thanks to a change in the law to conform with EU regulations. Rindfleischetikettierungsueberwachungsaufgabenuebertragungsgesetz - meaning "law delegating beef label monitoring" - was introduced in 1999 in the state of Mecklenburg-Western Pomerania."Ha ha, EU outlawed German
240.
Post 13978129 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
~meh~
241.
Post 13980402 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
Oy vey...
242.
Post 13982836 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
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)
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.
Is there some good up-to-date source (
without being super technical) to read about LN issues/challenges ?
Bahahahahaha, good luck with that.
True, it's all very scientific and dangerous, only a handful of men [Wizards] in the world understand it.
Protip: Make sure all Bitcoin documentation/code comments are in Church Latin, for further mystification.
243.
Post 13982931 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
...
Probably similar to "explain quantum physics to me in 30 seconds, no big words and be complete"
No, more like "it's rocket surgery, only we are qualified to do it; don't try to understand it. And yes, quality hookers and blow are essential to the process; shut the f8king door & get out."
Yeah, whatevs. They'll never understand it, not like LukeJr.
244.
Post 13982983 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
Don't worry, there's another Bitcoin Round Table in the works
This weekend, 70 leaders in the Bitcoin and blockchain industry are meeting for a retreat.
Brought to you by
The Bitcoin Foundation & Bruce "Fenton" Fenton
245.
Post 13983686 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
The thing that I find most encouraging about the Bitcoin market is how organic and difficult to manipulate it is.
246.
Post 13983823 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
The thing that I find most encouraging about the Bitcoin market is how organic and difficult to manipulate it is.
Assuming you're sarcastic, that just means that there is a lot of potential upside as the market is still so small.
Would sound more convincing if the market wasn't once x3 its current size
But sure, penny stocks have tremendous potential.
247.
Post 13983850 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
years ago there was a manipulator with ~500,000Coins, he got #rect and so will this guy.
Today's manipulators aren't amateurs. When they get pwnt, it's by bigger manipulators, not by pocket lint gamblers.
248.
Post 13984166 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
years ago there was a manipulator with ~500,000Coins, he got #rect and so will this guy.
Today's manipulators aren't amateurs. When they get pwnt, it's by bigger manipulators, not by pocket lint gamblers.
2 million " pocket lint gamblers. " praying the manipulator will drop price below 400 one more time, so they can buy in ~5000$ of bitcoin each. while bigger manipulator
s slowly and methodically have been scooping as much coins as possible without pushing price higher.
how can he fail?
>2 million " pocket lint gamblers.
2 million ants. 1
aardvark anteater.
>so they can buy in ~5000$ of bitcoin each.
pocket lint gamblers *don't have* $5k. They gambled it away a long time ago. Because pocket lint gamblers.
Now for every pocket lint gambler hoping to buy $5k of BTC, there are 10 pocket lint gamblers hoping to sell $5k of BTC (which they bought for $10k).
>slowly and methodically have been scooping as much coins as possible
...
lol! Yeah seems BillyJoe is the only bitcoiner I ever saw who hopes for a huge down ^^
lolno.
249.
Post 13984410 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
^^Those legacy finance clowns are no match for raw, unbridled genius of Our LukeJr!
250.
Post 13984615 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
^^This pleases LukeJr.
P.S. How was that load you blew on your GF's face? Worth the wait?
251.
Post 13985251 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
NLC working double time today.
Good thing Bitcoinosphere has paradigm-shift-on-the-fly tranny with scatter shield: Antifragilistic!
252.
Post 13985326 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
NLC working double time today.
Good thing Bitcoinosphere has paradigm-shift-on-the-fly tranny with scatter shield: Antifragilistic!
your lucky bitcointalk uses an img proxy.
Yes!
...no wait, why?
253.
Post 13985419 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
NLC working double time today.
Good thing Bitcoinosphere has paradigm-shift-on-the-fly tranny with scatter shield: Antifragilistic!
your lucky bitcointalk uses an img proxy.
Yes!
...no wait, why?
i'm not implying anything
Cool.
Don't worry, 'soon's the Blitznetverk kicks in, MooooOOooOon!
254.
Post 13985510 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
...
is that dude from Chaos Engine??
I think it's
255.
Post 13985759 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
ah fucking hell wtf.
GF's debit card stashed between pages of Atlas Shrugged, new PIN on p. 36.
Double down.
GL!
256.
Post 13986053 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
ah fucking hell wtf.
GF's debit card stashed between pages of Atlas Shrugged, new PIN on p. 36.
Double down.
GL!
PM your physical address
No no no, no time to explain, run to ATM now!
257.
Post 13986113 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
ah fucking hell wtf.
GF's debit card stashed between pages of Atlas Shrugged, new PIN on p. 36.
Double down.
GL!
PM your physical address
No no no, no time to explain, run to ATM now!
395 Avenue Dorval, Dorval, QC H9S 3H6
lets meet for a friendly chat
I dunno...
I don't wanna get roughed up or nothing... You look pretty badass in your pics... and in Canada... that's a dangerous neighborhood...
Too scairt.
258.
Post 13986211 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
ah fucking hell wtf.
GF's debit card stashed between pages of Atlas Shrugged, new PIN on p. 36.
Double down.
GL!
PM your physical address
No no no, no time to explain, run to ATM now!
395 Avenue Dorval, Dorval, QC H9S 3H6
lets meet for a friendly chat
I dunno...
I don't wanna get roughed up or nothing... You look pretty badass in your pics... and in Canada... that's a dangerous neighborhood...
Too scairt.
dude come on its in public
wtf am i going to do?
I know all about you Bitcoiners -- first you'll steal my money, then my virginity (I just know there's a dumpster behind that gas station, that's where you're planning to rape me, innit?)
259.
Post 13986553 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
I know the U.S. has suppressed voices of dissent, but in modern times we've had nothing like the Tienanmen Square Massacre.
I'm on board with your main point, but I need to stop you right here.
Waco, anyone? How soon we forget.
Waco ('93)
Fatalities: 76
Engaged feds in a firefight;
strong evidence BD wanted apocalypse/Koresh prophesies to be fulfilled; set the fire which caused the deaths.
Tiananmen Square ('89)
Fatalities: from several hundred to thousands
Chance of accidental/self-inflicted: 0 (zero).
Want to keep going?
https://en.wikipedia.org/wiki/Mass_killings_under_Communist_regimes#People.27s_Republic_of_China@Adam: don't worry, not taking offense/any of that seriously...
*But still very scairt
260.
Post 13986793 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
...
Bravest motherfucker I ever saw. Tank commander was probably afraid his treads would get jammed by this guy's steel balls.
And yet he wouldn't meet up with Adam at that scary gas station.
Makes you think...
261.
Post 13986906 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
^^In that pic, the one guy I'd least want to be is the tank commander. No win.
262.
Post 13988815 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
it would be gr8 if LN was here already and the tutorial to use it was literally
1)open client
2)send XBTC to
joblow@msn.com3)
@Billy Joe: Don't worry about mixers. Now we have pathetic parasites laundering pittances -- petty pocket change, because virtually free. Come the huge fee revolution, we'll have respectable drug cartels cuing up to launder gobs of BTC!
Gonna be huge...
263.
Post 13988907 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
I have another question for smallblockers: Won't higher fees make it harder to mix coins and remain anonymous?
LN will be so confusing its like the mixing service was built in.
I think it's possible we're gonna need something like the lightning network eventually, but instead of a hardfork that would buy them more time to build it, they want small blocks so we have the incentive to build it. This is crazy. This is like robbing someone so they have the incentive to be more careful in the future, and trying to justify it as being in the victim's best interest.
if i was bitcoins CEO
I'd sell all of you a "second layer solution"
but the second layer would be centralized.
How about we use a sidechain for daily transactions, with exchanges acting as gateways. We can call the sidechain something like SpendingCoin, or... USD?
264.
Post 13988935 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
...
if i was bitcoins CEO
i'd tell you
i dont give a fuck how you do the second layer
Yes you would, and that's how your company would go under. Because people will give as much of a f8ck about what their USD "sidechain" is backed with as they do about their current USD.
265.
Post 13989073 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
266.
Post 13989572 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
How is it that we bitcoiners can't behave ourselves?
Fine, stealing from each other, that's natural, I'm good with that. But why stab each other with comically oversized butcher knives?
First Adam tries to lure me behind some Cnadian gas station, now this KNC knifing. Please tell me the mainstream press is lying to us again, because this is too much, can't even fall asleep now...
According guardians have witnesses reported that the suspect was sitting astride the victim. In this situation he should have cut him with two deep stab in the chest with a knife. Around 15 people gathered in the scuffle.
- So there is a greater amount of people and the excitement is tense. As it had happened as people were outraged.
The accused man should have behaved calmly towards the guards.
- He did not resist when he was given the handcuffs and then as la to him in our input bus.
The perpetrator was handed over to the police when they appeared on the scene. The arrested man is in his 40s and is suspected of attempted murder or attempted manslaughter, or aggravated assault.
http://www.nsd.se/nyheter/boden/extra-har-intraffade-mordforsoket-9861329.aspxhttps://translate.google.com/translate?sl=sv&tl=en&js=y&prev=_t&hl=sv&ie=UTF-8&u=http%3A%2F%2Fwww.nsd.se%2Fnyheter%2Fboden%2Fextra-har-intraffade-mordforsoket-9861329.aspx&edit-text=&act=urlAnd, from the same page:
It's really true then, the world outside US has gone straight to Hell. Gender-fluid fish molesters? Really? What's wrong with you people?!
If I didn't read it with my own eyes, I wouldn't have believed it.
No wonder Mr. Trump wants to build a wall topped with curare-and-rabies-soaked razor wire.
267.
Post 13993701 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
... Buy now or cry later.
268.
Post 13995035 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
looks like a buy:
Treated like real money = you can deposit them on a bank so that they can give you negative interest on your bitcoins
lol... negative interest rates + banning cash: in their last acts of desperation to save their failing 'interest to infinity' debt slavery system.. that was a good one.. funny .
U no wat's even funnier? Bitcoiners celebrating Bitcoin getting regulated, just like real money
269.
Post 13995218 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
So rude of ETH to just keep going up like that, while we're going through ...
this.
C'mon, ETH, how 'bout sum commiseration?
270.
Post 13995474 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
so i was thinking
we could have a second layer that is not centralized, but not as distributed as bitcoin.
we'd have censorship resistance and all that good stuff from decentralized systems, BUT the thing is we'd expect nodes to be sitting behind a fairly good home connection like the connection i have here 1GBbps.
a sorta of decentralized change tip sidechain.
not as secure as bitcion, but i believe we can get pretty fucking close, and besides thats the tradeoff of using bitcoin's "second layer", if yu want ultra secure payment, you push it to the first layer blockchain.
There are
these excellent recipes you can get for free, about all sorts of delicious things you can cook with your Foreman Grill.
The thing about it ...you really don't need a George Foreman Grill to cook them.
Makes George Foreman Grills seem like a smart buy tho, and the people who bought them get to feel a little less disappointed & stupid.
Get my drift?
271.
Post 13995593 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
did the ETH devs say they would allow it to scale?
It's all a part of the Grand Unified SmartContract
TM.
jk, i know nothing about ETH.
272.
Post 13995796 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
did the ETH devs say they would allow it to scale?
Currently, it scales much worse than Bitcoin (no big wonder, with full-blown Turing-complete language on blockchain). Half-year into existence, its blockchain already approaching 10GB and growing fast. There is some vague handwaving about future "sharding" and whatnot, but realistically, its chain will be much bigger than Bitcoin's, and it'll happen pretty soon. Interesting to see how they'll cope with their own scaling crisis.
I'm new to all this, but how come Bitcoin can't scale, and its price keeps going down, but ETH can't scale & the price just keeps going up (+6.49% just the past 24 hrs.)
This is all so confusing
273.
Post 13996257 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
... the miner's will have to pay a price for dropping support for Core, considering their recent strong statements to stick with them no matter what. ...
Wait, am I understanding you correctly? This handshake deal is
really falling apart?
274.
Post 13996399 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
^Sorry, just surprised by how much people read into a nonbinding agreement that was also wide-open to interpretation.
275.
Post 13998228 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
it's OK tho, when LN comes out fee will go right back to 1cent, because it will relieve a lot of pressure from the blockchain
LN is designed to improve scaling. Fee reductions are just a consequence of being able to conduct more transactions.
Remember how the US$ got bootstrapped? the Gold Standard?
Gold standard's long gone.
People still use
LN USD
276.
Post 13998483 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
it's OK tho, when LN comes out fee will go right back to 1cent, because it will relieve a lot of pressure from the blockchain
LN is designed to improve scaling. Fee reductions are just a consequence of being able to conduct more transactions.
Remember how the US$ got bootstrapped? the Gold Standard?
Gold standard's long gone.
People still use
LN USD
LN doesn't have legal tender laws to force people to use it. If it's not backed by Bitcoin (or something) the market will probably reject it in favor of something better.
You're missing my point (or, rather, I'm just not being clear)
Most people don't know or care what the $ is backed by. As long as I get my stuff when I hand over the $$$, everything's cool. Don't care what Visa is backed by, 'long as when I hand over the card, I get goodies.
Same with LN. If people start using LN, and it becomes accepted, they're using LN, *NOT BITCOIN*. Just like when people started using $$$, they started using $$$, *NOT GOLD*.
Saying that LN solves Bitcoin's tx problem is like saying USD solved gold's portability/divisibility/ease of use problem -- it's nonsense.
277.
Post 13998506 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
it's OK tho, when LN comes out fee will go right back to 1cent, because it will relieve a lot of pressure from the blockchain
LN is designed to improve scaling. Fee reductions are just a consequence of being able to conduct more transactions.
Remember how the US$ got bootstrapped? the Gold Standard?
Gold standard's long gone.
People still use
LN USD
yeah... and because of it we amaericans have to pay #abusivehightaxes
Nonsense. Abusive taxes can (and were) charged long before the end of gold standard. [Britain's] Abusive taxes were the justification for the American revolution, remember?
278.
Post 13998527 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
it's OK tho, when LN comes out fee will go right back to 1cent, because it will relieve a lot of pressure from the blockchain
LN is designed to improve scaling. Fee reductions are just a consequence of being able to conduct more transactions.
Remember how the US$ got bootstrapped? the Gold Standard?
Gold standard's long gone.
People still use
LN USD
LN doesn't have legal tender laws to force people to use it. If it's not backed by Bitcoin (or something) the market will probably reject it in favor of something better.
You're missing my point (or, rather, I'm just not being clear)
Most people don't know or care what the $ is backed by. As long as I get my stuff when I hand over the $$$, everything's cool. Don't care what Visa is backed by, 'long as when I hand over the card, I get goodies.
Same with LN. If people start using LN, and it becomes accepted, they're using LN, *NOT BITCOIN*. Just like when people started using $$$, they started using $$$, *NOT GOLD*.
Saying that LN solves Bitcoin's tx problem is like saying USD solved gold's portability/divisibility/ease of use problem -- it's nonsense.
clueless ... every LN channel necessarily begins and end with a TX on the bitcoin network, for ever and ever, there is no LN without bitcoin.
Nah, LN can be backed by *ANY BITCOIN CLONE*
So now you know
279.
Post 13998570 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
it's OK tho, when LN comes out fee will go right back to 1cent, because it will relieve a lot of pressure from the blockchain
LN is designed to improve scaling. Fee reductions are just a consequence of being able to conduct more transactions.
Remember how the US$ got bootstrapped? the Gold Standard?
Gold standard's long gone.
People still use
LN USD
yeah... and because of it we amaericans have to pay #abusivehightaxes
Nonsense. Abusive taxes can (and were) charged long before the end of gold standard. [Britain's] Abusive taxes were the justification for the American revolution, remember?
we are paying the highest taxes the world has ever seen ever.. i do not really owe the IRS 30+% of my income...... the usa needs a Magna Carta ... put me in the govys database of revolutionaries please!
More nonsense.
Taxes accounted for about 25 percent of the United States' GDP -- placing the U.S. 27th out of 30 countries studied. The five with the highest percentages were Denmark, France, Belgium, Finland and Sweden, each of them with taxation accounting for more than 42 percent of gross domestic product.Oct 20, 2015
--Google search for "countries with highest taxes"
280.
Post 13998707 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
What does the fact that *your* taxes are high have to do with "[US] accounted for about 25 percent of the United States' GDP"? If you're in the > 30% tax bracket, my heart won't break for you, you'll get by. Somehow.
What does the fact that US taxes you if you live overseas (your first link) have to do with anything? Give up your US citizenship, problem solved
281.
Post 13998936 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
What does the fact that *your* taxes are high have to do with "[US] accounted for about 25 percent of the United States' GDP"? If you're in the > 30% tax bracket, my heart won't break for you, you'll get by. Somehow.
What does the fact that US taxes you if you live overseas (your first link) have to do with anything? Give up your US citizenship, problem solved
what are u a govy shill ?? it is definitely not out of the question that i would leave the USA .. or that i might give up my citizenship too.. problem is I cannot own a gun in most places i might move too . you are arguing it is ok for the USA to rip everyone off.. and i disagree with you.. and your 'interest to infinity' debt slavery system is built upon THEFT .
No more theft than a landlord charging you rent. Stop it with the entitled bullish, snowflake. You live here, we keep it nice. You pay rent or GTFO.
>what are u a govy shill ??
If you only knew, Earthling, if you only knew...
282.
Post 13999266 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
what are u a govy shill ?? it is definitely not out of the question that i would leave the USA .. or that i might give up my citizenship too.. problem is I cannot own a gun in most places i might move too . you are arguing it is ok for the USA to rip everyone off.. and i disagree with you.. and your 'interest to infinity' debt slavery system is built upon THEFT .
Taxation in any state, especially a modern democracy with strong and developed institutions, is
completely justified, THEFT!!!1!guess what, the leaders of the free-shit army are govvy shills, no surprises there.
bitcoin takes away their free money fiat racket, of course they are here shilling to try and ruin something good people are creating to starve them out
Dream on, impotent Earthling.
283.
Post 13999640 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
guess what, the leaders of the free-shit army are govvy shills, no surprises there.
bitcoin takes away their free money fiat racket, of course they are here shilling to try and ruin something good people are creating to starve them out
Unfortunately, these damned shills have seemingly endless resources.
Is there any way to stop them?
burn their fiat coupon food stamps?
Such indignation. Listen, Rebel Without a Clue, how much of that worthless toilet scrip you got? I might haul it away for you. Even toss you a satoshi or two
And this deserves a quote:
284.
Post 13999713 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
^^ always with the surveillance snooping and personal questions, god they are sickening, just leave us alone.
You earthlings have that certain... je ne sais quoi --can't eat just one.
285.
Post 14000275 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
Your toilet's gonna overflow, RUN!
286.
Post 14000619 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
Ha ha!
287.
Post 14005431 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
Progress
https://coin.dance/nodesSo now blocks have room again?
I'm confused.
Maybe Core 0.12.0 nodes have the power to purge the mempool of evol?
https://np.reddit.com/r/btc/comments/47dh6b/24_hours_of_running_results_in_40k_txns_in_the/
288.
Post 14005659 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
So now blocks have room again?
I'm confused.
This is not hard to understand, sometimes they are full, sometimes not. Soon, they will be full all the time.
Yup, think of bitcoin as a piss bucket, connected to the sewer line with a plastic hose, roughly the size of an IV line. When people in the public toilet (mempool) piss in the bucket (transact), it fills up, but, simultaneously, the bucket drains itself into the sewer.
But only as fast as the IV line can pass the piss.
At roughly 3peepees, the bucket reaches equilibrium: the pee pee flows out as quickly as it flows in. The toilet attendant (miners) stands as a century by the pee bucket -- he has the power to make you wait and squirm (not include your tx).
Occasionally, the seamy bus terminal where this wholly repulsive public toilet is located gets deserted (police sweeps; also because really gross & no self-respecting human being would ever be seen there).
During those times, the bucket is empty.
And also empty when the sickfuck toilet attendant decides to teach everybody a lesson & not let anyone pee (mine empty blocks) -- because gets paid 25 BTC every 10 minutes anyhow, your paltry tips (tx fees) amount to shit.
289.
Post 14005745 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
Just curious. Who of you is hedged in ETH?
[X] yes
[ ] no
[ ] no, but plan to
Stop it with your ETH pumping. So what if it
went up 14% in the past 24hrs, what's your point?
290.
Post 14007624 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
291.
Post 14008209 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.45h):
292.
Post 14010825 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...
The PRC has murdered more of it's own citizens than any other government in the history of civilization. they massacred their own people by the thousands as recently as 1989.
...
To be fair, they never had a shortage of people
"People who try to commit suicide -- don't attempt to save them! . . . China is such a populous nation, it is not as if we cannot do without a few people." --Mao Zedong
293.
Post 14010991 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
<snip>
294.
Post 14011291 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
if you small blocker truly believe the shit you say you should from a group that wishes to lower block limit to 0.5MB.
you'll get more decentralization and security, for everything else there's the Lighting Network promiseland.
That's not really a sound logical extension, Adam.
I wouldn't characterize myself as a "small blocker," but it does seem that the large majority of the core view seems to be a fairly decent and reasonable road forward...
I am very sympathetic with Core in a lot of ways... especially in regards to questioning the need and/or the emergency that is put in front of us by the proposals involving XT and Classic and some of the seeming purposeful contention contained in those roadmaps to suggest that a hardfork is the only way to go and to call into question bitcoin's status quo governance in a kind of coo approach.
Anyhow, beginning with Seg wit and then reconsidering to take one step at a time, seg wit is deployed along the way... as what the next step should be.
It's uncanny. No matter how I shuffle the words around, your post reads exactly the same.
295.
Post 14011726 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...
I may or may not be working on, or, rather, composing, another post that may or, in all likelihood shall, address some, if not all, of these areas of your purported and/or potential concern(s), which is to say the concerns you may or may not hold now are likely to be addressed in the post which is the topic of the post I'm currently composing, to the extent that you are really concerned (and will remain concerned upon the completion of the post of which I'm currently informing you), (even though it appears that you seem to appear to seem to be reverting back, i.e. regressing, to some (and/or all) of your earlier white knighting behaviors, or, perhaps, this is merely your feeble attempt at manifesting in the corporeal present the precognition of your future white-knighting behavior, the possibility which has not escaped me, albeit it's really shit. You fool.).
Regarding telling everything or a lot of things or stream of consciousness or whatever you want to call it, there is likely some repetition taking place I may or may not be working on, or, rather, composing, another post that may or, in all likelihood, shall address some, if not all, of these areas of your purported and/or potential concern(s), which is to say the concerns you may or may not hold now are likely to be addressed in the post which is the topic of the post I'm currently composing, to the extent that you are really concerned (and will remain concerned upon the completion of the post of which I'm currently informing you), (even though it appears that you seem to appear to seem to be reverting back, i.e. regressing, to some (and/or all) of your earlier white knighting behaviors, or, perhaps, this is merely your feeble attempt at manifesting in some of my recent content, but I may or may not be working on, or, rather, composing, another post that may or, in all likelihood, shall, address some, if not all, of these areas of your purported and/or potential concern(s), which is to say the concerns you may or may not hold now are likely to be addressed in the post which is the topic of the post I'm currently composing, to the extent that you are really concerned (and will remain concerned upon the completion of the post of which I'm currently informing you), (even though it appears that is no different from anyone else who has posted a lot in various parts of this forum.. with various repeated themes in the different threads.
Brevity, i.e. the shortness or rather concise terseness of the author's final product, e.g. a book or a letter, or even a diary entry where you start out with "Dear diary," which really doesn't need to be said at all if you think of it, but people just do it because everybody does it, anyway... the thing that the author should think about long and hard, before he puts pen to paper, is that brevity is the heart of, or, more precicely, the soul of, wit. To wit, wittiness, or even smartness.
That's how important brevity is when you write.
...a book, or even a forum post.
296.
Post 14011764 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
i'm fighting fire with fire now.
Yeah, you know we firefighters don't really do that, right? ...
297.
Post 14011905 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
It seems to be much better for bitcoin to grow slowly and also much better not to be too rash in attempts to change governance...
I'm curious how bad/urgent a problem would have to be before you thought a change in governance was appropriate.
Maybe to the extent to which governance is broken, is a problem that has recently been attempted to be created.
Maybe yes, maybe no. It is certainly possible that the governance issue is being used as a vehicle to promote some other political agenda.
The way to find out is the separate the issue from others and see whether a change in governance, by itself, and without the baggage of simultaneously proposing immediate changes to the software or chain rules, has any support.
TL;DR: Let's organize a series of well-spaced Satoshi Round Tables, where we can propose governance changes, and chat about it for a ya=ear or two. In the mean time, you can start an altcoin of your own.
That pretty much what you're saying?
298.
Post 14012006 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
It seems to be much better for bitcoin to grow slowly and also much better not to be too rash in attempts to change governance...
I'm curious how bad/urgent a problem would have to be before you thought a change in governance was appropriate.
Maybe to the extent to which governance is broken, is a problem that has recently been attempted to be created.
Maybe yes, maybe no. It is certainly possible that the governance issue is being used as a vehicle to promote some other political agenda.
The way to find out is the separate the issue from others and see whether a change in governance, by itself, and without the baggage of simultaneously proposing immediate changes to the software or chain rules, has any support.
TL;DR: Let's organize a series of well-spaced Satoshi Round Tables, where we can propose governance changes, and chat about it for a ya=ear or two. In the mean time, you can start an altcoin of your own.
That pretty much what you're saying?
No
Oh?
You're asking to separate the governance issue (as in "finally ousting the crew which stalled us into this shitmire") from "doing something about the shit that would have been done years ago if not for the douches ignoring the problem and ousting those who wanted to solve it."
What have I missed?
299.
Post 14012050 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
^A mind that's a-weak and a back that's strong
You load sixteen tons, what do you get?
300.
Post 14016526 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
301.
Post 14017344 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...It's a slidebar situation, not a binary one. The more you push the slidebar higher, the more problems you create. And pushing it just to satisfy the need for spam is irrational.
Yes, why others can't see it is beyond me.
How much of centralization are you willing to sacrifice in order to support more dust transactions?
Good question.
It's more of a silly question. Or, dare I say it? A frickin' stupid question. Because it presupposes that centralization will be altered in a meaningful way.
Let me use the "two wolves and one sheep deciding on dinner" analogy smalblockers have run into the ground:
Right now, it's not 2 wolves and a sheep, it's NINE wolves and a sheep.
You're the sheep.
The wolves are all friends, they hang together, already shook hands on having you for dinner.
Here, sheep:
Now tell me more about slidebars.
302.
Post 14018739 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
Launch window opening in a couple of days for Bitcoin Earth to Mars minimum energy transit and escape from the $500 sphere of gravity.
All lights continue to be green.
Play quietly, Sweetie, Mommy's reading her stories...
303.
Post 14019213 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
^^Copy-pasting bits of your self-moderated thread with a question mark tacked on the end? Not even trolling, just spam. Might as well paste lorem ipsum.
Not interesting, adds nothing, minimal "meaning and lel through repetition" (the guy with Northern Exposure moose does it well, you do not).
If you are seriously struggling to understand how Bitcoin works, ask complete, direct questions. Make sure they're your own.
This is merely a suggestion
304.
Post 14019914 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...
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
305.
Post 14028231 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
[An update on the solar solo mine would be groovy too.]
When building a Solar power grid or using microhydro one must plan for peak electrical use. I prefer Microhydro, but the cost of solar is getting much cheaper every year. Normally, one would float charge batteries and than burn off extra electricity to heat water , but I find that solar water heaters are better suited for this task, and excess electricity that would normally be discarded is used to mine bitcoin.
What would be the best of all worlds is using those ASICs to heat water as well to close the loop and recycle the waste heat.
Originally and all the way up through the GPU era, mining was something that could be done profitably part time, so taking advantage of off-peak cheap electricity was an excellent use case. Now however, miners are so damn expensive, that if they are not running 24/7 you can run a real risk of never being able to recoup your capital investment.
It is a race to break even before your miners are obsolete, halving cuts revenue, or the market crashes. I guess if you live somewhere cold, you could still run obsolete miners as a space heater, sell them as a curiosity or mine some altcoin with a SHA256 hashing protocol and a much lower difficulty, but other than that, it's a race.
WE HAVE A CHICKEN AND EGG PROBLEM. Miners outside of China are reluctant to invest substantially in new mining gear because they face an uphill battle competing with Chinese mines with electricity and labor cost advantage.
Miners are also reluctant to build up because the code development uncertainty and scaling uncertainty. It's hard to make long term plans with so many unknowns. So mining concentration may not be corrected until there is code development decentralization.
Then we have the problem that code development centralization (with Core) is an established practice, something that will not be easily changed, if at all. Miners do not want to switch to Classic or other alternative because they fear (rightly IMHO) that a switch will cause market volatility or an outright crash.
They can't do something even if they know or suspect it is in their long-term best interest if they need to keep mining revenue high enough to pay for their gear operations in a shorter time period.
The vaccine could cause the death of the patient before it cures it. I think this is a risk worth taking, but I'm not a miner. It is up to them. Without taking the medicine, there is limited potential for growth and price appreciation.
Any miners want to weigh in on this?
Not a miner, but someone who had to deal with off-the-grid (due to ...no grid being available) power (wind, solar, diesel, hydro) and water cooling (well... machined my own waterblocks, at least):
First, the reason that non-subsidized alt energy is not used more often is because -- yeah, it's a tremendous pain, and is far more expensive than being on the grid. The most practical off-the-grid power sources are gas/diesel generators. There even were some
portable gas turbines, lol.
Second, there's no need to convert electricity into heat to store it, because
see here. Granted, you need a legal hookup & power meters.
Micro hydro is basically a joke, because you need head. like so:
It's great when there are no alternatives and you're lucky enough to be in *just the right place,* but it's not a paddle wheel in a stream hooked up to an car alternator.
Using hot water from waterblocks (how many commercial miners are currently water-cooled? Yeah, water cooling's expensive, that's why.) is a non-starter - think about plumbing farm, think how useful warm water is (not hot, if your chip's running at 120C, the water entering your water block is ~35C & exiting @ ~60C) , etc., etc.
TL;DR: Most people advocating shit like that don't know which end of the screwdriver to stick in a screw.
306.
Post 14028619 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
.@Billy Joe: What Fatman said, and...
Possibly, though I doubt (as in 99.9% sure) that sunk costs of a hydro plant in such an area will ever be recouped (as in "the cost of the electricity, amortized, would be less than, say, 20 cents kWh).
It's all pretty hardcore to keep operational 24/7, as in "beyond Mom's Basement Anarchists." You can't afford to mine just *most of the time, when the sun shines/the mill ain't broke,* because IRL industrial miners are mining *all of the time,* and the window to recoup sunk costs is very short.
307.
Post 14029090 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
You can run a farm on a mobile broadband connection if you're mining on a pool. And that won't change.
If there are cell towers 200 miles from Gnome, Alaska, I am not aware of it.
...
Mobile broadband was probably used as in "slow."
Quick search tells me that there are at least 2 internet providers in Nome, Alaska.
In my (unlerned) opinion, "decentralization" is no longer an issue, that bird has flown.
>We NEED to adjust the code so high bandwidth is more of an advantage or China will continue to dominate mining
Again, as Fatman & Cconvert2G36 pointed out, bandwidth is irrelevant for mining, because pools; becomes an issue only for solo mining/running a node.
308.
Post 14029387 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...
OMG - you envision a fee market (long before it's neccessary), but you can not see the commoditization of mining equipment hence re-decentralization of mining!?
I don't understand what you mean. Explain?
You can run a farm on a mobile broadband connection if you're mining on a pool. And that won't change.
If there are cell towers 200 miles from Gnome, Alaska, I am not aware of it.
...
Mobile broadband was probably used as in "slow."
Quick search tells me that there are at least 2 internet providers in Nome, Alaska.
In my (unlerned) opinion, "decentralization" is no longer an issue, that bird has flown.
If we can't again achieve distributed mining, then the only thing left for me to do is try to find the best possible exit point to divest.
We are a gnat to the PRC. If we ever grow to the size of a horsefly, we will get swatted and we've given them the best possible flyswatter: >50% of mining hardware.
For me, that exit point was a long time ago. You've seen how thins forum has changed over the years:
(Bitcoin discussion top topics right now)
My guess is MMM forums have similar content, albeit it's unlikely they have a separate section for
investment-based games ponzis.
>we've given them the best possible flyswatter: >50% of mining hardware.
We haven't *given* them shit. Bitcoin isn't about giving, it's about what you can *take*.
Everything not expressly forbidden is allowed.
Bitcoin failed to address centralization (economies of scale, etc.) *in time* (if mining didn't become centralized as quickly as it did, we [arguably] would have had a chance).
Our Muffin discovered meth & steroids when she was 3, so, naturally, we get what we got now...
309.
Post 14029548 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
^^I'm sure you're right, I'm not talking about the price.
310.
Post 14029674 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
^that govy shill never stops spewing his shit all over the place uh?
debunking all the conspiracies and pushing for bitcoin fork along with the beanies babies..
how about you pay a visit to MMM forums and take a break from here, you seems quite nervous lately < snip>
Didn't hear you, what?
311.
Post 14029772 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
"As someone who comes from a physics and engineering background, over the long run I'm not concerned with mining centralization. Physics will ensure it is distributed."
"As a result, the mining centralization we see in Greenland and large data centers becomes enormously unprofitable. Any centralization of mining would REQUIRE heat recycling, which severely limits data centers and necessitates distribution unless you introduce heat pumps, which also increase cost."
--submitted 1 year ago
How's that decentralization goin' thus far?
The guy doesn't understand that mining is centralized in China, not Greenland.
He doesn't understand that it's economically idiotic to heat your hot water with miners, because miners need *cold water* going into the waterblocks -- recirculating hot water for cooling ain't cooling, it ain't gonna do much. If hot water was used at a constant rate, 24/7, he might have a better point, but it don't work like that.
Regardless, *mining is concentrated around cheap electricity,* not where it's cold (Greenland).
The fact that silicon might hit quantum dead end "round the year 2024" ain't doing diddly for us now.
TL;DR: don't buy his "physics and engineering background," he doesn't think things through.
P.S. If you wanna talk about particulars of utilizing waste heat, I'll be glad to.
P.P.S. LOL, HE'S the bro behind
"That is why we are building a bitcoin miner that fits inside a water heater."I remember when IceDrill was selling us stories about their farm providing heat for apartment complexes
312.
Post 14030078 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
313.
Post 14030250 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
"As someone who comes from a physics and engineering background, over the long run I'm not concerned with mining centralization. Physics will ensure it is distributed."
"As a result, the mining centralization we see in Greenland and large data centers becomes enormously unprofitable. Any centralization of mining would REQUIRE heat recycling, which severely limits data centers and necessitates distribution unless you introduce heat pumps, which also increase cost."
--submitted 1 year ago
How's that decentralization goin' thus far?
The guy doesn't understand that mining is centralized in China, not Greenland.
He doesn't understand that it's economically idiotic to heat your hot water with miners, because miners need *cold water* going into the waterblocks -- recirculating hot water for cooling ain't cooling, it ain't gonna do much. If hot water was used at a constant rate, 24/7, he might have a better point, but it don't work like that.
Regardless, *mining is concentrated around cheap electricity,* not where it's cold (Greenland).
The fact that silicon might hit quantum dead end "round the year 2024" ain't doing diddly for us now.
TL;DR: don't buy his "physics and engineering background," he doesn't think things through.
P.S. If you wanna talk about particulars of utilizing waste heat, I'll be glad to.
P.P.S. LOL, HE'S the bro behind
"That is why we are building a bitcoin miner that fits inside a water heater."I remember when IceDrill was selling us stories about their farm providing heat for apartment complexes
Well, the heaters are just one thought. But I think there is more to the thought of commoditization (e.g. longer and longer development circles for ASICs). BTW: I don't see mining centralization as a big problem. There is always competition by other crypto-currencies to balancethings in Bitcoin.
Let's get to the heat waste discussion: Maybe it would be possible to gain back some energy by using Stirling engines.
https://en.wikipedia.org/wiki/Stirling_engine>I don't see mining centralization as a big problem.
In that case, the point's moot. I don't see it as a catastrophic problem, but it's a serious one. One that effectively nulls any pretensions to Bitcoin being "decentralized."
>heaters are just one thought
It's an awful thought. It's fail.
>Stirling engines
Not sure if srs.
https://en.wikipedia.org/wiki/Heat_engine#Efficiency <==and that's just what's theoretically possible.
Have you also considered this?
Put it this way: Let's say Chinese coal-fired Electricity is 2 pennies per kWh, and yours is 4 pennies. Your Stirling engine manages to convert 3% of wasted heat back into electricity. Yeah.
Bonus: if Stirling heat reclamation made sense, Chinese megaminers would use it too. They'd make the thing, too -- you'll buy it from them
Seriously tho, read the laws of thermodynamics, it's straightforward stuff.
314.
Post 14030872 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...
What do you think will happen longterm (*10 to 20 years)?
10-20 years is far away. China might get stricter environmental/Bitcoin mining regulations.
... and Bitcoin mining will become centralized somewhere else. Maybe next to some incredibly cheap wildass Libertarian nuclear reactor, spewing neutrons all over Somalia, with only worries being radiation effects on silicon
Just like everything else, Bitcoin mining started out with privateers/wildcatters/nutjobs/visionaries, & ended up as an industry: doing stuff to make money.
The problem, for me, is money != BTC for miners; they can *sell* BTC, which means they're not committed to BTC as much as the hodlers are.
If, for instance, another SHA256 coin came around that was more profitable to mine, or, if some government paid them to mess with Bitcoin (mind you, paid them in !BTC, so reward doesn't become worthless when BTC tanks), they'll *definitely* do that. Or exert leverage on hodlers (extort) to not do it.
315.
Post 14031442 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
... system used for central heating for nearby houses or office buildings. 40-60 degrees celsius through radiators makes sense. ...
Forced hot water heat temp is 82-98C. 40-60 for radiant heat (not really common).
Would have to be fairly special houses -- central heating (for apartments) usually means *steam* heat (convenient, because no return pipes with steam).
MFW "... According to a report published in the Science Daily" misread "Suicide Daily."
Also the language in the chart:
"Jumping
from heights" (So jumping up & down
won't do it; check.)
"Cutting
with sharp objects" (Put away those marshmallows!! I read the Wikipedia, it simply won't work!)
316.
Post 14033311 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
Oh shoot... It's falling further
317.
Post 14034087 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
ew this is such crap, i need a drink...
Ha ha! You fools, you have already lost! What has been seen can't be unseen!
318.
Post 14038430 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
"Moscow. 25 February. INTERFAX.RU
Bitcoin use among drug traffickers in Russia has increased twentyfold over the past 2 years, announced Dmitry Brawlers, deputy chief of Russia's Federal Drug Control Service during the "round table" meeting on Thursday." --
http://www.interfax.ru/business/496123Mass adoption
319.
Post 14038616 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
Mass adoption
What is a currency that you can only spend on a selection of government approved products and services really worth?
...
If you crave child porn & krokodil, not much
320.
Post 14043468 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
Could they say "core" a few more times.
It would be nice if Satoshi could just jump back in again. And tell us he's been to rehab.... for smoking baby hair. Maybe we could stop pushing him in front of every argument then.
Wouldn't you rather a delicious helping of
girl otter with potato & fish testicles?
@billyjoeallen: Credit is the first step on the cul-de-sac of Debt Slavery.
321.
Post 14043764 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
^^Nothing left to do but Relax and Enjoy Live Shows for Bitcoin @ Xotika.TV.
It's powered by bitcoin
322.
Post 14047943 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
Good morning, fellow scions of the Great Scrooge McDuck fortune!
323.
Post 14048884 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
Have you noticed that the mempool tends to bloat up massively whenever the price moves $10-$15?
Spam? Dust? Or people desperately trying to move coins to make a trade?
Why isn't there a fee spike then? Are those "desperate" people to "make a trade" lacking 2-3-4 cents? Would it be a big impact to their wallet to pay such a small fee if they are going to make so much money from a good trade?
You're totally right -- all that exchange foolishness happens off-chain (because Bitcoin can't handle the volume of even a single exchange lol).
Currency of the future
P.S. Thinking of making an infographic explaining how LN works. Storyboard thus far:
1. Two Beanie enthusiasts create a Bean channel by locking up their Beanies in a safe.
1a. The safe has "lightning Network" written on the door in one of those
fonts.
2. They proceed to transact in LN IOUs, as many times as they wish, until the value of the locked-up beanie is exhausted.
324.
Post 14049290 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
Gimme a break:
1,900,982.81 XBT (x440 = 836mn USD)
...
Wonder where the poors laid their hands on 836mn USD
325.
Post 14049492 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...
"We want to move around 836mn USD but are only willing to pay 2k in fees so we will wait a few hours or days".
...
My bank charges me exactly $0.00 to move any amount of USD. Same as when I use
fiat folding money.
Never realized how much I save by not using BTC
326.
Post 14049907 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...
The other day I got 250$ in paypal. From sender to recipient's bank account (=my bank account) I lost 20$ in various fees and conversions - and it took 4 days btw because there was a weekend in-between and a "random security check" by paypal that got me +1 day delay.
...
You should probably stop using PayPal & try Bitcoin. Hasn't occurred to you?
>bitcoin is probably the cheapest payment method compared to banks, visas and paypals?
Last time my bank charged me for writing a check or using my debit card was ...never. My credit card actually lends me money for free, just so I'd use it. Imagine?
327.
Post 14049983 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...
The other day I got 250$ in paypal. From sender to recipient's bank account (=my bank account) I lost 20$ in various fees and conversions - and it took 4 days btw because there was a weekend in-between and a "random security check" by paypal that got me +1 day delay.
...
You should probably stop using PayPal & try Bitcoin. Hasn't occurred to you?
I'm waiting for ebay to start accepting Bitcoins
(insert meme here "still waiting" / skeleton).
PayPal can afford to charge its fees because people like yourself are willing to pay them. Because eBay is free to not accept irreversible Beanies. Because free market.
Lrn2free market, AlexGR
Edit: The ability to reverse transactions is essential for eBay, and most online trading, to function. Beanies might be trustless, but the guy selling you alpaca socks is not. You send BTC, get dick instead of alpaca socks, wat do nao?
That's where PayPal & its exorbitant fees comes in.
That's where credit cards come in for lower-risk transactions.
328.
Post 14050158 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...
The other day I got 250$ in paypal. From sender to recipient's bank account (=my bank account) I lost 20$ in various fees and conversions - and it took 4 days btw because there was a weekend in-between and a "random security check" by paypal that got me +1 day delay.
...
You should probably stop using PayPal & try Bitcoin. Hasn't occurred to you?
I'm waiting for ebay to start accepting Bitcoins
(insert meme here "still waiting" / skeleton).
PayPal can afford to charge its fees because people like yourself are willing to pay them. Because eBay is free to not accept irreversible Beanies. Because free market.
Lrn2free market, AlexGR
True. Still ebay and paypal dominate the online selling market, so not much choice out there if you want to hit a large pool of potential buyers. It's like paying the pimp, lol.
No.
PayPal is just one of the payment methods available on eBay. You chose to use PayPal.
That said,
eBay is far from the only online marketplace.It's the only one worth using tho, because already explained.
At some point -we can always hope it'll happen- perhaps we'll be able to do the same through decentralized markets and bitcoins or altcoins, that actually get decent volume in terms of listings and transactions.
yeah, I understand the console version of Open Bazaar or whatever is available.
Edit from above: The ability to reverse transactions is essential for eBay, and most online trading, to function. Beanies might be trustless, but the guy selling you alpaca socks is not. You send BTC, get dick instead of alpaca socks, wat do nao?
That's where PayPal & its exorbitant fees comes in.
That's where credit cards come in for lower-risk transactions.
329.
Post 14050255 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...
You can stick various types of stamps on an envelope and depending the accumulated value of the stamps you can ask for first priority, second priority, express, etc.
If, on the other hand, you don't buy stamps that add up to the proper value of even the basic service, your mail will be rejected.
...
If my post office had a policy of letting me guess the price of stamp to put on my letters, and email was an alternative...
*And if I found out the price of mailing a letter was gonna skyrocket any day now, I'd have no problem with teaching Granny how to use a 'puter.
330.
Post 14050373 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...
The other day I got 250$ in paypal. From sender to recipient's bank account (=my bank account) I lost 20$ in various fees and conversions - and it took 4 days btw because there was a weekend in-between and a "random security check" by paypal that got me +1 day delay.
...
You should probably stop using PayPal & try Bitcoin. Hasn't occurred to you?
I'm waiting for ebay to start accepting Bitcoins
(insert meme here "still waiting" / skeleton).
PayPal can afford to charge its fees because people like yourself are willing to pay them. Because eBay is free to not accept irreversible Beanies. Because free market.
Lrn2free market, AlexGR
True. Still ebay and paypal dominate the online selling market, so not much choice out there if you want to hit a large pool of potential buyers. It's like paying the pimp, lol.
No.
PayPal is just one of the payment methods available on eBay. You chose to use PayPal.
That said,
eBay is far from the only online marketplace.It's the only one worth using tho, because already explained.
At some point -we can always hope it'll happen- perhaps we'll be able to do the same through decentralized markets and bitcoins or altcoins, that actually get decent volume in terms of listings and transactions.
yeah, I understand the console version of Open Bazaar or whatever is available.
Edit from above: The ability to reverse transactions is essential for eBay, and most online trading, to function. Beanies might be trustless, but the guy selling you alpaca socks is not. You send BTC, get dick instead of alpaca socks, wat do nao?
That's where PayPal & its exorbitant fees comes in.
That's where credit cards come in for lower-risk transactions.
Yeah, from one perspective that is true. Still ebay and paypal makes a somewhat arbitrary choice that while the risk is there, it will be entirely shifted to the seller's side. The buyer is placed on a pedestal where he can do no wrong, allowing him to scam a seller with any excuse possible.
That's because it minimizes headaches & maximizes profit -- their rational self-interest. If eBay could make more money by shifting the responsibility onto the buyer, trust me -- they would. But it don't work good like that.
So they don't.
Also: free market; don't have to justify dick. Don't wanna use PayPal? Don't wanna use CC or checks? Feel free to vote with your feet & take your business to AlphaBay
331.
Post 14050822 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
^How's that solar mining farm of yours going, all good?
332.
Post 14051134 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
>There is nothing "very good" about it. It's way too low. Near zero cost fees attract near zero cost abuse.
If miner include those [near zero] tx now, what will make them reject them later?
>Plus it is not futureproof
Subsidizing miners with block rewards isn't future-proof. It's done to let Bitcoin grow up without having to earn its keep, like sending your kid to school [instead of putting her to work as soon as she can walk].
333.
Post 14051533 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
More than that, the fee market can't work.
It can't work because the absolute number of transactions that have to be done is still the same! All those transactions stuck aren't just transactions of a few cents, they can't just be grouped together.
No, payment channels can group these txs together. No, some of these tx never need to occur in the first place or can be handled off chain. <snip>
This pleases Visa and PayPal!
... Limiting block size is to protect against unsolicited use of Bitcoin. ...
Err... Unsolicited by whom?
You realize that miners can reject tx they don't feel like handling, right?
Still haven't answered me re. why miners would start rejecting "unsolicited" tx they accept now.
334.
Post 14051760 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
... no way they are investing in Eth chain directly , that is being done mainly by young adults and teenagers who want to catch the next big IPO wave without understanding the fact that Ethereum Bitcoin has no practical use cases. ...
...well, other than CP, shitty drugs & extortion, I mean.
335.
Post 14051933 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
Mempool bloat? Meh, just another spam attack. Honeybadger eats those for lunch.
That's why our honey badger is getting his tummy pumped. By a semi tire
336.
Post 14052028 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
Spam limit working as intended
no the transactions centralized control deemed undesirable were not written to the blockchain but bloated the Mempool, something that was not supposed to happen.
Mempool bloat? Meh, just another spam attack. Honeybadger eats those for lunch.
$0.06 to get in the next block! Who's buying?
You keep telling us we should stop bitcoin for coffee, what your encouraging it now. Each transaction is subsidizes by $5-10 in monetary inflation, such ignorance calling a $0.06 increase in fees a win. Core 0.12 claims to only allow transactions that meet a specific centralized control policy to be admitted to the mempool, so yes a win for Core 0.12 nodes and a big middle finger to the rest of the Bitcoin network.
Do you have daddy issues?
The network, not Core, not centralized policies, decide if your transaction is good or not.
If you can't pay then you get the big middle finger indeed, simple as that.
Bitcoin doing what Bitcoin does best...
But really ugais, I'm totally not savoring every delicious moment of this...
337.
Post 14052329 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...
bitcoin is not a democracy.
338.
Post 14052359 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
Wait, a website about DNMs claims DNM drugs are better?
Well color me surprised!
P.S. Haven't checked the "study by the Lisbon-based European Monitoring Centre," but my guess is their "researchers" are not my wholesome, God-fearin' American runners.
339.
Post 14052416 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
@BlindMayorBitcorn: See my edit above. Yes, I'm certain a neckbeard would get ripped off harder by buying on the street
How do studies like that get conducted? Who structures them? Is it failures (those who get popped/end up in hospitals) that comprise the sample of "street buyers"?
340.
Post 14052489 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
the thing is bitcoin won't shrink in size. but it won't grow either. it simply will stay the bonsai size it currently is.
all the money waiting on the sidelines will flow into alt-coins directly.
good luck with your empty bag - so called early adopters of bitcoin.
You don't understand. What's gonna happen is people will transact off-chain, maybe consolidate their paltry txs on
pay now buy later Lightning Network, and then
pipe dream use Bitcoin as the settlement layer, teh backbone, so to say.
The money will roll right in!
341.
Post 14052569 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
... Next block could be issued in an hour due to variance, or you could have 3-4 blocks found in 20 minutes.
My momma always said, "Bitcoin's like a box of chocolates. You never know what you're gonna get [if anything]."
342.
Post 14052762 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
we are two months away from being one full year on this block size debate:
http://gavinandresen.ninja/why-increasing-the-max-block-size-is-urgentand within that year blocks have filled up that the red and blue 3d glasses person did not post this morning because we will see all the blocks are filled up all the time now.
the more the blocks fill up the more valuable the bitcoins become in relation to fiat currencies.
something wrong with this scenario .
People don't go there anymore it's too crowded!
Bitcoin, so useless you can't use it because there's too much demand
What is it you don't understand about your cardboard box never becoming the
world reserve currency looooooo best club in town because must be bigger than a box to be taken seriously (amongst other things)?
Your days of luring the bridge & tunnel crowd into your shithole are over -- they're on to you
inb4 I never wanted anybody to come anyway, i like playing in my cardboard box, which is behind the dumpster, all by myself: LIAR!
343.
Post 14053040 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...
Let me ask you this: If I take bitcoin-qt source, change a few lines of code regarding the suggested fees in order to hardwire it to pay a fixed 0.1$ fee (~100 satoshi / byte) for a 250byte tx, compile it and market it as an alternative client that works every single time, then what would you say? That now bitcoin works predictably and that the network is fine?
...
Let me cut in. Yes, soon you & hdbuck/brg444/ice will be the only 2 people transacting on Bitcoin.
Caveat: this will make your bitcoins worth less, as in "virtually nothing, because no one uses Bitcoin because useless.
So may not be the utopia you've been dreaming about.
344.
Post 14053087 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
^^And how about you choke on a bag of dicks, hmm?
How would that be?
345.
Post 14053873 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
Wealth is not linearly distributed but closer to logarithmic with a vast majority of wealth concentrated in a few hands (currently even dangerously so for civic stability considerations), the mainstream is not where wealth is concentrated so for a monetary adoption targeting the mainstream is a losing proposition.
Bitcoin doesn't necessarily need more transactions as much as higher value transactions, the value of a monetary network is not simply the number of connections but the total value of connections, i.e., number * value.
Because what the super-rich really crave is a dysfunctional p2p network at war with itself. They're just waiting for *all* the mining to become centralized in Communist China, and then there'll be no stopping those Wall St. institutional investors. It'll be bigger then Gemini!
We are at least 3-4 orders of magnitude in value growth away from the 'super-rich' being able to adopt bitcoin and 2-3 orders in magnitude from Wall St. 'insitutionals' being able to adopt/use. The p2p network and surrounding infrastructure (and troll-box 'communities' like this thread) will all look very different when those times comes around, troll/shills like yourself will probably have moved on maybe being paid to pump bitcoin by then.
Lol @ orders of magnitude. The super-rich,* whose massive
dongs investments you've been daydreaming about, are not interested in this dysfunctional joke that Bitcoin has become. Bitcoin can't cope *with a single Chinese exchange* operating on the blockchain, forget fucking world economy.
In other words, stop daydreaming about the super-rich & teh Wall st. -- they are, and will always be, way out of your league. Saying this as a friend, 'cos this is what's gonna happen to you if you let your fantasies get the better of you:
*And also the moderately rich, the merely comfortable, and the sane poors.
346.
Post 14053981 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...
You do realize that bitcoin transactions are near-zero-cost, don't you?
If by "near zero" you mean "about $7 US @ current exchange rate, subsidized by block rewards (base money inflation)," then sure.
347.
Post 14054095 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...
As I demonstrated BTC is not losing anything to its competitors.
We have a "blocks are full" situation. Who is getting BTC traffic due to our "disadvantage"? Competitors blockchains are empty ghost-towns.
...
Lol, it's not just the alts that are Bitcoin's competition (tho both ETH & Reptilia's in-game currency are doing spectacular, compared to BTC), it's that crusty legacy finance, too
Don't expect BTC to get any bigger than it already is if it can't get any bigger than it already is.
348.
Post 14054218 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
... I'm a Hero Member now. Everything I do is monumental.
Remember, being a Wizard is...
...it's lonely at the top.
349.
Post 14054526 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...
Ahhh, yes , one of the few wallets without dynamic fee adjustments ...
Wish there was a way to make my IRL wallet calculate tx fees dynamically... if my centralized, not p2p cash charged me for using it, that is, which it don't
Owait, I bet I can figure out how to make my debit card calculate my fees, dynamically... nope, that legacy finance piece of shit don't charge me nothin' either... dang
350.
Post 14054558 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
Not a problem with a dynamic fee estimator built right into your wallet
P.S. Et tu, Motherboard? How much is the govvy paying you to spread this fud?
351.
Post 14054617 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
^^
Shop locally, meet interesting people who share your interests
352.
Post 14054652 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
^^
Shop locally, meet interesting people who share your interests
Can't buy good dissidence on the streets these days. It ain't safe!
If by "dissidence" you mean provocatively-posed photos of sexy underage children... For everything else, there's $$$$.
353.
Post 14054789 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
... I never understood why anyone would need censorship resistant monies to purchase a beverage, anyway. ...
Mainly because people don't like having a whole shitload of different kinds of currencies, each good for doing its thing only -- USD for buying coffee, censorship-resistant BTC for your Child Pornography needs, Meat Pound for buying uncooked beef & poultry, Galoneers for filling your car, etc., etc.
354.
Post 14054886 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
^People like having the tools to get the jobs done. My debit card could denominated in mittens, so long as I get my coffee.
People do not like needing a unique tool for every possible job. That's why there are things like standards -- a 7/16 bolt head, a 1/2 bolt head, but no 15/32 bolt head, or an 11.047mm bolt head.
You know why that is? Well, I'll tell you -- even though sometimes a 1/2 bolt head is just a bit too big, ONLY A FUCKING RETARD WANTS TO BUY 9,999 OPEN-END WRENCHES.
see?
It's the same with money. Only a retard wants a separate currency for everything. because some days, the retard's wallet would have 10 bucks in it, and he'd need 10 bucks worth of gas to get home. All seems well ...but oh
The bucks, they're Censorship-resistant CP bux, not the Galoneers required for filling car
355.
Post 14054939 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
^People like having the tools to get the jobs done. My debit card could be denominated in mittens, so long as I get my coffee.
People do not like needing a unique tool for every possible job. That's why there are things like standards -- a 7/16 bolt head, a 1/2 bolt head, but no 15/32 bolt head, or an 11.947mm bolt head.
You know why that is? Well, I'll tell you -- even though sometimes a 1/2 bolt head is just a bit too big, ONLY A FUCKING RETARD WANTS TO BUY 9,999 OPEN-END WRENCHES.
see?
Ya but: if they want good high-quality honey puffs and USD's can't get 'em. Then they pick a new tool. A hammer can't do everything.
u hear me brah?
Yes, I see. You want to sell me a set of Whitworth wrenches.
No thanks.
But wait, it's actually worse -- you want to sell me the BSW wrenches, and are trying to convince me to install a Seagull outboard in my Bimmer.
Just so I won't feel stupid about buying your wrenches.
356.
Post 14055001 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
^^
And you'll probably not deliver on the wrenches or the Seagull outboard, and I'll stand there with my Bimmer in pieces & dick in hand.
Just like the average Bitcoin enthusiast, after transact with fellow
pedophiles Bitcoin enthusiasts via the medium of Bitcoin.
Because I can see it clear as day already, don't lie to me -- I know exactly how it's gonna go down.
Right tool for the right job
Remember, there IS no right job for Bitcoin. Well, none that doesn't involve underage kids or defrauding someone.
Bitcoin is a tool desperate for a job, but not really, more lies! Only interested in getting on teh dole.
357.
Post 14055356 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...actual blockchain use is low and the rest of the free space is topped off with spam. That's why fees don't rise. If every tx was legitimate...
What are the objective criteria by which any given transaction can be classified as being either: a) spam; or b) legitimate?
I have been asking this for months of many who like to kick around the term 'spam'. Many of them repeatedly. Perhaps even you? But to date, I have received exactly zero responsive replies.
Spam includes any unwanted or unnecessary transactions which impose a burden upon the network.
Unwanted and Unnecessary can be defined as tx which are deliberately made to attack the network and hold no purpose other than to cause disruption or bloat. Spam is also defined as any tx that pays far below the necessary threshold of fees that would be considered the norm during a given moment. This can change with time but is always quite distinguishable as seen here. ...
Didn't someone define pornography in loosely similar terms? "Serves no purpose but to subvert; A decent person knows it when he sees it?"
1000 sequential 10 satoshi transactions from a dice site -- not spam.
1000 sequential 10 satoshi transactions from a bad_man -- spamz.
Only hope you don't code like you post.
P.S.
>any tx that pays
far below the
necessary threshold of fees that
would be considered the norm during a given moment
See the colors? Avoid those, because meaningless and open to interpretation. Again, if you code anything like you write...
358.
Post 14055533 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
^^
And you'll probably not deliver on the wrenches or the Seagull outboard, and I'll stand there with my Bimmer in pieces & dick in hand.
Just like the average Bitcoin enthusiast, after transact with fellow pedophiles Bitcoin enthusiasts via the medium of Bitcoin.
Because I can see it clear as day already, don't lie to me -- I know exactly how it's gonna go down.
I promise to bring a wrench.
Yeah, from a Seagull outboard & a set of wrenches down to a *promised* wrench.
In Two Weeks
TM. Another promise; another lie
Blockchain Technology, is there anyone you can't corrupt?
@BitUsher You really have no idea what a centrally planned economy is, do you?
359.
Post 14055736 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
The miners are economic competitors, with each other, to serve their customers (users), with a product (blockspace). The mines are their factories. A bigger mine means more potential blockspace will be theirs to sell.
No , users are not miners customers and blockspace is certainly not a product. There is a power dynamic between Users , miners, merchants, exchanges and developers. Your analogy is a horrible one as it ignores that the "product" isn't something that is created by miners in a "factory" but something created by the combined efforts of users , developers, and miners. Remember, Bitcoin is the longest
valid PoW chain and developers and users (using economic full nodes) define what is and isn't valid, and not directly the act of mining. (although miners are users themselves so fill 2 roles)
So by requiring their tx confirmed, users contribute to this great product we call the Bitcoine ecosystem (alternate spelling: echo system).
I'm starting to understand... Let me try!
The butcher's customers aren't customers, that's a horrible analogy. The butcher, the cow, the guy that drives a bolt through the cow's brain at the slaughterhouse, and the woman that gives the captive bolt guy head -- they all interact in this complex interrelated power dynamic, thus creating the product -- that is to say, the market itself.
Am I doing it rite?
*Although like the miners who may be users themselves, a butcher could also be a user by buying his own meat, just as the captive bolt guy can beat his own meat, thus removing the only woman from our equation, which leaves us with two guys, a dead bolt, and a knife -- a sausage fest without any obvious winners, which is to say ...Bitcoin.
>[miners'] decision can instantly be disregarded if they
betray the economic majority or will of the users.That is to say, if the miners are discovered to be Enemies of the People.
Both "Enemy of the People" & "Economic Majority" are self-explanatory, and only the worst sort of an Enemy of the People would demand a definition for ether one.
360.
Post 14056177 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...
tl;dr govvy troll muddies the waters by mixing up "free as in beer" and "free as in freedom" into a witches brew of psy-op misinformation
Lessee... "govvy," "troll," "free beer" & "psy-op(s)."
361.
Post 14060290 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
If you see someone moving coins between his addresses back and forth, tens/hundreds/thousands of times, is this an attempt at a legitimate transaction?
Link please.
I'd like to see how the current surge is in large part due to a massive spam attack.
Data has already been shown -
----------------------------------------------
Looks like we likely found one of the "spammers" attacking the network -
This isn't behavior that is typical from a tumbler or mixer.
https://twitter.com/DataTranslator/status/7045792815072583681KNCgSJVHg3W5hMCyGeRA1vBiPn9Vi4qXt is been sending coins to itself since the 28th, no signs of stopping.
and another
https://twitter.com/DataTranslator/status/704612433869021184Our Antifragile got disrupt, is kaput? O plz no!
... Let's make bitcoin robust and prepare it to scale way beyond Visa and Mastercard combined: ...
If by "robust" you mean "so that one bored gentlemen couldn't bring the whole kit & caboodle to a grinding halt, I'm withya bro!
The road to mental health is just around the corner?
362.
Post 14060425 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
.@Fatman, Debating like this, without clearly defined premises or rules of inference, is either fun or it isn't.
Either way, it won't be productive.
You're dealing with a guy who claims to be a "developer" (whateverthefuck that means) yet defines "spam" for a Bitcoin thusly:
...actual blockchain use is low and the rest of the free space is topped off with spam. That's why fees don't rise. If every tx was legitimate...
What are the objective criteria by which any given transaction can be classified as being either: a) spam; or b) legitimate?
I have been asking this for months of many who like to kick around the term 'spam'. Many of them repeatedly. Perhaps even you? But to date, I have received exactly zero responsive replies.
Spam includes any unwanted or unnecessary transactions which impose a burden upon the network.
Unwanted and Unnecessary can be defined as tx which are deliberately made to attack the network and hold no purpose other than to cause disruption or bloat. Spam is also defined as any tx that pays far below the necessary threshold of fees that would be considered the norm during a given moment. This can change with time but is always quite distinguishable as seen here. ...
Didn't someone define pornography in loosely similar terms? "Serves no purpose but to subvert; A decent person knows it when he sees it?"
1000 sequential 10 satoshi transactions from a dice site -- not spam.
1000 sequential 10 satoshi transactions from a bad_man -- spamz.
Only hope you don't code like you post.
P.S.
>any tx that pays
far below the
necessary threshold of fees that
would be considered the norm during a given moment
See the colors? Avoid those, because meaningless and open to interpretation. Again, if you code anything like you write...
*Until "spam" is defined (as in "necessary and sufficient," not "you'll know it when you see it"), it's pointless.
363.
Post 14060796 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...
I just thought he might know wtf is going on.
Everyone seems to automatically assume it's a spam attack without any proper data.
His definition of "spam" is, basically, "things
we I don't want to happen."
Starting with that, what is happening *is* spam. Nothing more to be said.
A more interesting (and productive) approach would be "let's define spam, describe it, completely and exclusively, in code, so that a dumb machine can know if X is spam or not. Then we wouldn't need to keep having these pointless arguments."
P.S. And here we go again: "high probability of being X, tho X is undefined, so I'll show you pictures and try to *convince* you that the data pattern is unusual." Probably works great on Reddit, but good luck turning it into code.
364.
Post 14061134 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
Everyone seems to automatically assume it's a spam attack without any proper data.
Definitions can be conceptual , relative and ambiguous and sometimes necessarily need to be regardless of how uncomfortable that makes us feel.
Those those are the domain of humanities students, mystics, musicians, artists, and poets. They have no place in an algorythmically-controlled currency, because
can not be turned into computer code, a rule set.
If definition is, indeed, impossible for us to arrive at [due to being impossible, or due to our own shortcomings], we can not address it in a rational, logical debate [beyond stating that it is undefined and thus lies outside the scope of logic].
In which case, we should stop what we're doing and goo play vidya.
Or the definition may be simply difficult to formalize, in which case we're lazy fucks and should get good.
The rest is sophistry & bullshit.
TL;DR: if we can not strictly define what we're talking about, we we should lrn2lute & become minstrels/lovers.
365.
Post 14061401 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...
I just thought he might know wtf is going on.
Everyone seems to automatically assume it's a spam attack without any proper data.
His definition of "spam" is, basically, "things
we I don't want to happen."
Starting with that, what is happening *is* spam. Nothing more to be said.
A more interesting (and productive) approach would be "let's define spam, describe it, completely and exclusively, in code, so that a dumb machine can know if X is spam or not. Then we wouldn't need to keep having these pointless arguments."
Whatever is happening is happening now. So if we got some proper data to explain this massive surge, and some reliable interpretations of that data, then we could have a discussion on whether its a malicious attack or mainly a surge in genuine txs. If this blows over I guess we may never know, because the Bitcoin community is too polarized atm. But if this is real, if this doesn't blow over, both sides will need to look at the data and move on from there.
I don't care about the possible motivations behind what is happening, mainly because I can not possibly hope to create a [human] psych-analyzing ruleset for Bitcoin. For me,
it's sufficient that a state, a condition *is possible*. It's possible, we don't like it -- how to make it so we either like it, don't care, or make it go away? Does what_is_happening point to our system being fundamentally flawed? Can it be fixed? At what cost? What are the possible repercussions?
See what I mean, sort of?
P.S. Of course, this is all happening in real time, and
girls mainstream press
are watching, so the lel factor is not lost on me
366.
Post 14062019 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...
I just thought he might know wtf is going on.
Everyone seems to automatically assume it's a spam attack without any proper data.
His definition of "spam" is, basically, "things
we I don't want to happen."
Starting with that, what is happening *is* spam. Nothing more to be said.
A more interesting (and productive) approach would be "let's define spam, describe it, completely and exclusively, in code, so that a dumb machine can know if X is spam or not. Then we wouldn't need to keep having these pointless arguments."
Whatever is happening is happening now. So if we got some proper data to explain this massive surge, and some reliable interpretations of that data, then we could have a discussion on whether its a malicious attack or mainly a surge in genuine txs. If this blows over I guess we may never know, because the Bitcoin community is too polarized atm. But if this is real, if this doesn't blow over, both sides will need to look at the data and move on from there.
I don't care about the possible motivations behind what is happening, mainly because I can not possibly hope to create a [human] psych-analyzing ruleset for Bitcoin. For me,
it's sufficient that a state, a condition *is possible*. It's possible, we don't like it -- how to make it so we either like it, don't care, or make it go away? Does what_is_happening point to our system being fundamentally flawed? Can it be fixed? At what cost? What are the possible repercussions?
See what I mean, sort of?
P.S. Of course, this is all happening in real time, and
girls mainstream press
are watching, so the lel factor is not lost on me
I sort of agree, but I'm not the one who needs to be convinced. Nor are you.
Right. I've given up quite a while ago. Now read stuff like
this & don't even flinch. Don't even care if true or false -- just the fact that such a thing is possible is all I need to know
367.
Post 14062459 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
Small blockists you are making ETH holders rich. You are such huge loosers.
"Bitcoin: The only winning move is not to play."--brainyquote.com
"In Bitcoin, there are no winners, only losers."--brainyquote.com
368.
Post 14062633 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
... Bitcoin is not currently broken in spite the many loud mouth fudding about Bitcoin supposedly being broken.
369.
Post 14063037 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...
It would be helpful to acknowledge that Prohashing is a
scrypt mining pool for altcoin mining. What a shocking statement coming from them
Let me know when Coinbase, bitpay or any other large merchant starts recommending an alt.
Won't you just post another rolly-eyes emoji &
cry claim the merchant isn't large enough/spreading FUD?
... If their margins are so tight that they cannot afford an extra 3-4 pennies per tx for a small group of users than that is certainly troubling. They should simply pass on that fee to their clients if they cannot afford it because many clients are dumping a portion of these mined alts for btc anyways and it is less expensive to pay 4 pennies more than any exchange fee.
They have too many clients, most probably poors -- don't want to spam up Blogchain.
370.
Post 14063561 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
... How do we know something like LTC or any other alt can handle the pressure? It's had a very relaxing life so far. They all have the luxury of lack of spotlight. The same old shit would pop up wherever the heat was pointed. ...
Many ways to stay safe. One is to be perpetually aggressive/threatening & invest (or, as it happened, think that already have) in weapons/heavy armor.
The other is simply not picking fights.
The problem with Bitcoin, from the git-go (actually from
this bullshit), Bitcoiners adopted the former
371.
Post 14063785 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
The problem with Bitcoin, from the git-go (actually from
this bullshit), Bitcoiners adopted the former
Just curious... I have noticed that whenever you include a URL in a post, the base of the URL pretty much always gets replaced with "
https://bitcointalk.org". Any idea how that happens?
No idea, guessing I'm just being sloppy. Another try:
http://www.coindesk.com/assange-bitcoin-wikileaks-helped-keep-alive/*that one works.
372.
Post 14064034 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...
I think mempool must be mainly full of sh*t... just a thought from a BCT lurker.
Yeah, ChartBuddy is just a govvy shill spreading fuds, u got nothin' to worry 'bout.
373.
Post 14064380 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
Hope $430 holds... On a more positive note, consolidation ~$350 would be perfectly healthy & actually good for Bitcoin
374.
Post 14064602 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
Your refusal to consider what they are saying seems myopic. They are not complaining about another 3-4 cents. They are complaining about unknowable transaction inclusion times.
Transaction inclusion can never be a given. You could hit 2 miners mining empty blocks because that's what they want to do - even if you pay 5$ in fees.
Transaction confirmation time can also never be a given, because the 10 minutes are an average. A block could be delayed 2 hours or you could have 5 blocks found in 20 minutes, due to variance..
That's the nature of bitcoin.
That's the best thing about Bitcoin -- not like legacy finance, NOT BORING.
"Bitcoin's like a box of chocolates. You never know what you're gonna get." --brainyquote.com
375.
Post 14066193 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...
What one shouldn't entertain is the fanciful and delusional notion that Bitcoin can scale without it becoming a settlement network. ...
And to think I bought into that whole Bitcoin: A Peer-to-Peer Electronic Cash System load of crap... O well, settlement layer for
prepaid gift card Lightning Network it is then.
Thanks for settin' me straight, BitUsher
>Eth is a solution chasing a problem that doesn't exist
*Bitcoin
You keep misspelling it.
376.
Post 14066282 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...
I remember the day I learned Bitcoin couldn't scale right. It was last summer. I'm sure you made this discovery sometime earlier.
Everybody made that discovery a bit earlier, just not something to talk about in polite company. Ruins the Currency of the Future backstory/spooks greater fools. Not in your rational self-interest, know what I mean?
377.
Post 14066440 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
B...buh but they promised... <snip>
Saying this as a friend, Alex: What one shouldn't entertain is the fanciful and delusional notion that Bitcoin can scale without it becoming a settlement network. Just do the math.
And stop being fanciful and delusional.
378.
Post 14071345 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
"As CCN.LA’s Giulio Prisco wrote:
It should be obvious that if enough people want to buy something, there will be providers. Crackdowns and seizures don’t eliminate online drug markets, but only push them deeper underground under the control of criminals. If the more “principled” providers are eliminated, the field will be left wide open to the less principled ones."
379.
Post 14071845 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
A notable retrocoiner, Mircea, concedes loss of faith in Bitcoin:
... the notion of "a majority of Bitcoin nodes" is void of content, most of the relay network being under the control of the same entity and supporting functionality not contemplated by the Bitcoin protocol (such as selective mothballing of specific transactions).1 This specifically means that "someone"2 has the ability to nuke transactions out of the network irrespective of whether they are validly signed or not, directly replicating functionality already available to fiat governments in fiat payment processors such as Visa or Paypal.
That a cartel of Bitcoin miners is deliberately and systematically withholding blocks for an interval of about 20 minutes to a half hour, so as to ensure themselves a (significant) advantage over any would-be competitors.3
http://qntra.net/2016/03/a-miner-problem/Ha ha,
they win. Again
VVVVVVVVVVVVVVVVVVVVVVVVV
P.S. Will $420 hold
380.
Post 14072736 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
I remember driving a fwd shitbox in a snowstorm when I was a kid. 4-lane highway, car starts getting crossed up, but sloooooowly.
Enough time for friend to ask from the back seat, without raising his voice,
"we're gonna crash, huh?"
"Yeah, pretty much nothing I do seems to make much difference."
[pause]
"Well, you got nobody behind you..."
"I know. Sorry."
[pause]
"We're not gonna roll?"
"Nah, doubted..." [car finally blows off the road to the left, into divider ditch].
Won't belabor the parallels
381.
Post 14072779 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
...
Yes sell all before the halfing in supply, sound strategy
The supply is increasing every 9 minutes or so, will continue to do that in the foreseeable future.
You must mean *demand* halving
382.
Post 14072873 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
^^Don't stop trying, hdbuck. Sooner or later, you'll get it right
383.
Post 14073266 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
ETH up 25.46 % today
Yeah, but Bitcoin has an awesome community...
384.
Post 14073545 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
ETH up 25.46 % today
Yeah, but Bitcoin has an awesome community...
Get lost Lambie, shit ppl like you are toxic for this community. Mainstream forums are the place for you, you can hang out there with those other trolls, retards and all other scums.
Bitcoin Friend:
I'm in the midst of a social experiment.
Please don't let me interrupt, pretend I ain't even here; return to Tunneling plz.
385.
Post 14074055 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
The movement of the ETH market keeps me amazed. Light, fast and with a strong bottom. Maybe even too fast, because I'm getting afraid to trade and I'm beginning to feel like a hodler. It is a weird sensation, but I kind of like it.
Ahah ^^
Well the whole question about ETH is: will it be sustainable?
I don't see how ETH can sustain its own growth. Eth isn't even used currently am I wrong?
Altcoin bla bla bla...
This is
"Bitcoin price movement tracking & discussion".
So I would highly appreciate it if you could stick to this topic.
I'm glad that you're happy with your investment but please stop shilling.It's more than obvious!!
Is this
"Bitcoin price, denominated in $US, movement tracking & discussion"?
386.
Post 14074846 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2016-March/012489.htmlWe are coming up on the subsidy halving this July, and there have been some
concerns raised that a non-trivial number of miners could potentially drop off
the network. This would result in a significantly longer block interval, which
also means a higher per-block transaction volume, which could cause the block
size limit to legitimately be hit much sooner than expected.
[...]
To alleviate this risk, it seems reasonable to propose a hardfork to the
difficulty adjustment algorithm so it can adapt quicker to such a significant
drop in mining rate. BtcDrak tells me he has well-tested code for this in his
altcoin
Hahahaha
Go go Core!
387.
Post 14075772 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2016-March/012489.htmlWe are coming up on the subsidy halving this July, and there have been some
concerns raised that a non-trivial number of miners could potentially drop off
the network. This would result in a significantly longer block interval, which
also means a higher per-block transaction volume, which could cause the block
size limit to legitimately be hit much sooner than expected.
[...]
To alleviate this risk, it seems reasonable to propose a hardfork to the
difficulty adjustment algorithm so it can adapt quicker to such a significant
drop in mining rate. BtcDrak tells me he has well-tested code for this in his
altcoin
Hahahaha
Go go Core!
In all truthfulness, I have always wondered the reason for the 2016-block difficulty adjustment. A finer-grained adjustment seems just natural to me. Though I've never looked into it. What are the arguments against a more continuous adjustment?
(The four-year halving always seemed funny to me too. Done merely for simplicity of implementation?)
Yeah, I wondered about it too, not the difficulty adjustment but the rate of reward
halving reduction (halving seems like adjusting a wristwatch with a 5-pound sledge). My only guess (other than
laziness simplicity of implementation) is the chance of hitting some sort of overcompensating feedback loop/parasitic oscillation?
The point I was trying to make was Core claiming the evol of hard forks & necessity of keeping
the race Bitcoin pure (changing parameters potentially bringing about unpredictable butterfly effects), while, at the same time, coming up with their own reasons to hardfork.
Edit: and this
... If the difficulty adjusted very quickly or continuously, the minority side have a better chance of solving some blocks and keeping their chain somewhat functional while they roll out software that changes POW and reboots difficulty (if needed after this idea). ...
388.
Post 14076140 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
The halving schedule is pretty extreme, at the beginning. It becomes less and less extreme quite quickly as the number of transactions scales up with their accompanying fees...
Wait... we're supposed to be scaling up the number of transactions!!?!
Yeah, just have a hard time rationalizing why it had to be *halving* -- why not 10percenting, but more often?
389.
Post 14076438 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
^Yeah, this is just a tangent, not related to the Core/Classic drama. Just something that seems intuitively ...wrong.
But could be missing something, so asking.
Re. edit: so how do you see it being done? Miners playing chicken & seeing who drops first, mining at a loss for a while to kill competition? Even then, the bigger reward granularity -> bigger hashrate fluctuation. I think.
390.
Post 14076518 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
^Yeah, this is just a tangent, not related to the Core/Classic drama. Just something that seems intuitively ...wrong.
But could be missing something, so just asking.
The entire thing seems intuitively wrong to you...
Yeah, but on a different level -- V1 buzz bomb may seem intuitively wrong to me too, which won't keep me from pointing out peculiarities of design (on top of its moral implications)
391.
Post 14076670 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
^You're just making it seem intuitively wronger. Wait, dumbening isn't even a word...
>it should be largely negated by a company's incentive to plan for the future
But you got sort of a prisoner's dilemma thing happening -- let's say 3 major megamines, and it only makes sense to scale down if *others don't*. You don't know what others will do, so?
*it might be reasonable to keep mining at a loss, hoping that competition runs out of $$$ faster than you, it might make sense to make backroom deals & cooperate, so many different possibilities...
392.
Post 14076856 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
>Replace megamine with any other business.
Any other business suddenly losing half of its revenue?
Like the auto industry suddenly being able to sell only half as many cars? (hoping against hope that the cars it does sell will somehow double in price)?
Not finding anything readily analogous & rekindling hope at the same time
393.
Post 14077268 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
>Replace megamine with any other business.
Any other business suddenly losing half of its revenue?
Like the auto industry suddenly being able to sell only half as many cars? (hoping against hope that the cars it does sell will somehow double in price)?
Not finding anything readily analogous & rekindling hope at the same time
The block reward
subsidy was not the intended revenue stream for mining in the long term. A rare metal with the easiest to find surface quantities already found may be loosely analogous. But the analogy breaks down when...
The real product the miners end up producing and relying on for revenue is blockspace. Inflation subsidy is just supposed to pay the bills while we scale up the
number of fees paid per transaction
s.
I'm with you on block reward being a temporary measure, to be phased out as the fees market develops. We're disagreeing only about *how* the miners should be weened off the block reward -- via a halvening, or gradually.
As we stand, fees are a tiny percentage of miners' revenue -- they'd have to be brought up to something like $3 per tx to make up for the loss of subsidies (or number of users/tx must go up, what, a hundredfold?). My math might be shit, going by ~3tps * 60sec * ~10mins = 25btc reward now; tx = 25/1800 * 425 = $5.90; Cutting reward in half = +$3 per tx, to keep things even (ignoring hashrate drop, ignoring price fluctuation, ignoring everything). I could be totally wrong.
If fees were $1.50 now, I could see people paying $3, but from $.03 to $3 is a bit of a stretch.
Doubling blocksize limit only gets us to $1.50/tx, still no help, so we're looking at something happening with the miners. I think
Anyhow, only questioning the rationality of abrupt halving, not viability of fee-subsidized mining.
394.
Post 14077341 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
My math might be shit, ...
I'm not checking your math. What you're missing is appreciation in price.
Right, "(ignoring hashrate drop, ignoring price fluctuation, ignoring everything)." I'm not at all sure that the price will go up -- if that was a certainty, one could
categorically state that the *entire world is stupid* because not mortgaging home & investing everything, along with Pumpkin's college fund, in BTC. Because can't lose, so why not?
395.
Post 14077450 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
^I'm surprised it's not in the 300s... Not joking.
396.
Post 14077741 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
-snip-
We're not really disagreeing. If we were, it would only be because changing such an important parameter
now (not like 1MB DoS limit) could potentially damage confidence in the supposed immutability of the coin distribution schedule. The psychological damage to the market could be worse than the potential "ease of planning" benefit brought by the smoothing...
To your other points, both fees per and raw number of tx rising are likely necessary to replace the subsidy, and we are central planning one of those out of the equation, for now.
Where is dev?
You're probably right, to me it just makes more sense to correct problems while in beta & not try to ignore them. But then I'm not the average goldbug/bitcoiner, so don't count.
Could be something we're both overlooking though, might be good reasons for it being abrupt instead of gradual. I'm guessing there are.
It's gonna take some pain to wake up these miners to the fact that they may be relying on their main competitor to plan their own future.
You know those Satoshi's Chosen Round Tables? The most important thing in any con is making the mark believe he's a coconspirator, in on the scam, not a mark at all (it's them other guys that are marks)
397.
Post 14077909 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.46h):
We're still bouncing around inside the triangle people. Calm your tits.
Nothing to worry about...
398.
Post 14158483 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.47h):
... "We want the world and we want it now."
...
Today your love,
tomorrow the world.
Patient bear is patient.
399.
Post 14161068 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.47h):
I propose we do something constructive. We're a bunch of bright guys. Let's put our heads together for a change.
How about:
Create a Septemdecimal number system, so's mankind could finally shake off the decimal yoke. Pretty great?
Wait, there's more!
And then we solve the centralization problem -- invent a p2p money that would be nearly impossible to counterfeit or use.
Potential problem: Mankind is thrust into ginormous existential crisis, its two biggest problems solved & nothing left to do.
400.
Post 14161131 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.47h):
We can always go to war about it. Great way to stimulate the shoes economy.
https://youtu.be/Metv95k5VrY*and just let it run in the background, through
https://youtu.be/IXHcSBhfkx8 and ... and the rest of their stuff.
401.
Post 14161586 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.47h):
^Throw them out into the cold. No coats. Confiscate their coats.
P.S. The Bitcoin of transportation: Monowheel *with propeller*!
Be your own bank gerbilTM
402.
Post 14170961 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.47h):
Canadians, how is it you're still alive?
@Fatman: I just know Bomber Deer had a hand in this
403.
Post 14171574 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.47h):
< snip >
So you're up to $12.55 (15.08% today), big deal. ETH will never have a community like Bitcoin.
And you'll never know the thrill of purchasing honey & honey-related products from Bees Brothers, With bitcoins.
And you're gonna miss JayJuanGee like crazy.
That'll hurt most of all.
i'll start drinkingly heavily more often
Hope you're a damn good driver...
404.
Post 14178514 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.47h):
We are approaching an inflection point, the next couple of hours might make the bears happy...
Another account sold to the jew bankers. Look at his post history. Nothing but "omg btc is gonna crash" spam for like the last year.
Yeah, you're just butthurt that we didn't buy your shitty account.
#NoShekels4Gentile
405.
Post 14178992 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.47h):
$409 seems to be holding
Fun fact: there's actually a love song called
We Built a 409. An ode to 409, with no redeeming value (beyond being notably lame) whatsoever.
406.
Post 14180347 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.47h):
No reason to be envious of ETH. Bitcoin's just coiling. As usual.
Like a snake.
407.
Post 14180466 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.47h):
everyone that buy eth at these prices are crazy
That's what folks said about buying BTC at $80. Weren't wrong, either.
408.
Post 14188133 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Ethereum (ETH) $14.82 (11.62 %) Fellow beetcoiners, this just ain't right!
Let us pointlessly blow more money on our
waifu coin of choice & show those filthy Etherians what we're made of!
409.
Post 14188745 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
No mention that Adam got the boot from Theymos here? Weired.
Well, life goes on. At
www.bitco.inNow both moderators of the epic threads "Gold collapsing, Bitcoin up" and "Wall Observer" (Cypherdoc & Adamstgbit) are at bitco.in
(PS. The new moderator here will probably delete this post as soon as it is detected.)
dafuq?
Edit: The Purge continues.
Statist bankster shill B&? Good.
Good ... good.
410.
Post 14188845 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
sometimes you have to drain the swamp to get rid of the diseases
Can't make an omelette without breaking a few legs
...
friends of my enemies are not my friends?
Of course not. (Also: Your "enemies" aren't your enemies, they're
psychiatrists.)
411.
Post 14189302 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
is there a link to adam being banned, or even warned? i've looked at his latest posts and saw nothing.
there is a new acct at bitco.in with his nickname saying he was banned. Seemed legit.
sounds legit, well he's amongst friends now I spose, in a better place you might say, R.I.P.
I doubt it was a permaban.
10 days. Just enough to put the fear of God into him.
If the world isn't going to love me, then I'll teach it to fear me instead!
412.
Post 14189457 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Soon enough it'll be just the two of us, Lambie. Then just you.
Lambie will never be alone. He has his gay pics
Notice the absence of gay pix on your ersatz bitcointalk forum?
413.
Post 14189769 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Soon enough it'll be just the two of us, Lambie. Then just you.
Lambie will never be alone. He has his gay pics
Notice the absence of gay pix on your ersatz bitcointalk forum?
I remember I reported 70-80 of your sockpuppets in a short period of time, all of them got removed, lol!
...
Bitcoin enthusiasts are good at two things only:
1. finding creative, unique and unusual ways to lose money, and
2. being douchebags to each other & anyone within spitting (or, rather, drooling) distance.
I mean, you got yourself a nice little community there, pillared by an exiled convict & a thieving proctologist: seems like a libertarian paradise, right? But no, y'all have to come on over and stir up shit & incite people. Why is that?
414.
Post 14189835 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Soon enough it'll be just the two of us, Lambie. Then just you.
Lambie will never be alone. He has his gay pics
Notice the absence of gay pix on your ersatz bitcointalk forum?
I remember I reported 70-80 of your sockpuppets in a short period of time, all of them got removed, lol!
...
Bitcoin enthusiasts are good at two things only:
1. finding creative, unique and unusual ways to lose money, and
2. being douchebags to each other & anyone within spitting (or, rather, drooling) distance.
I mean, you got yourself a nice little community there, pillared by an exiled convict & a thieving proctologist: seems like a libertarian paradise, right? But no, y'all have to come on over and stir up shit & incite people. Why is that?
Do you have any more pictures of naked, gay men? Or have you been scared straight?
Sure. What's your fetish? Listen, that third-world bulletin board of yours support images?
'Coz now that we're buddies again & I know where you at, no reason why I shouldn't stop by once in a while, is there?
415.
Post 14190012 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Soon enough it'll be just the two of us, Lambie. Then just you.
Lambie will never be alone. He has his gay pics
Notice the absence of gay pix on your ersatz bitcointalk forum?
I remember I reported 70-80 of your sockpuppets in a short period of time, all of them got removed, lol!
...
Bitcoin enthusiasts are good at two things only:
1. finding creative, unique and unusual ways to lose money, and
2. being douchebags to each other & anyone within spitting (or, rather, drooling) distance.
I mean, you got yourself a nice little community there, pillared by an exiled convict & a thieving proctologist: seems like a libertarian paradise, right? But no, y'all have to come on over and stir up shit & incite people. Why is that?
Do you have any more pictures of naked, gay men? Or have you been scared straight?
Sure ...
Too scared to post your favourite pics here? If you get banned and have to start a new sockpuppet, you can allways use ascii art
Ah. You're one of those... ashamed to download your own gay porn? Come out & live your raging homosex dream, Buddy!
It's OK to crave the D now, no one's gonna judge! Heck, there are admitted Bitcoin users who live relatively normal lives nowadays. They, like get all bitcoiny in public with each other & people try to act totally blase, like it's perfectly natural & don't even laugh. There's even talk in Nevada about decriminalizing bitcoin marriage, even!
Welcome to the 21st century!
Okay, stretched the truth a bit about Bitcoiners & normalcy, but just to make a point.
416.
Post 14190203 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
I have a question. What do you think about me?
https://bitco.in/forum/threads/wall-observer.27/page-32 Hello! Welcome to your new forum. Consequences will never be the same again
417.
Post 14190264 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
lol, you really take Theymos and Blockstream in the right direction
You don't happen to work for Soluvox?
...
Do you have any more pictures of naked, gay men? Or have you been scared straight?
You still want those, buddy? Or did you already blow some pecker snot & are now feeling The Shame?
Because there's no shame in that, brah.Accept it, it's just something you raging homos do :-
418.
Post 14200631 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Blockchain technology made it possible for New York Bitcoin enthusiast and convicted child pornographer Richard Petix to transacts value. Trustlessly and irreversibly, without usurious third party fees or nosy governments prying into his privacy
...sorry, that bit about the government is sorta open to interpretation, I guess... Maybe even a bit misleading, now that I think about it. Yeah, the buyer might'ev been a little bit government. OK, so he was a FED. But you can get nailed just as hard with fiat, because pedophiles use Visa too you know. No? Alright, so they maybe use cash? Not often? Oh
http://www.coindesk.com/new-york-unlawful-money-transmission/
419.
Post 14209535 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
^^
SEPA is not a blockchain, it's some_weird_shit_Europeans_do.
Asking which blockchain is the safest should be qualified: safest for what & for how long.
i was trying to make a joke.
Yeah, me too, but the second part's almost a real question. Some bitcoin enthusiasts seem to think that "the most secure indelible ledger" is mankind's holy grail. It's not. A curios, absurdly inefficient data structure, costing millions a day to secure, and all ...for what? Well. I just don't understand it.
420.
Post 14216979 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Hey! What happened to chartbuddy? He disappeared somewhere?
got banned..
Wtf? But why? It was really cool!
It was waaayyy off topic.
This thread is for discussing block size.
haha well now the kaporal forkers have flocked away (or got banned), i think it's safe to say we can now get back on discussing bitcoin walls and the moon.
CCMF!
Hurrah! We won! Victory!
421.
Post 14220895 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
Expecting faster confirms is simply idiotic, the system does not work like that, never has done, never will. If you want faster transactions use a higher layer (or god forbid get off your complaining asses and build a better on).
ya i no, rite?
To think the rubes actually thought this thing was gonna be a world currency lol. Hook, line and sinker!
BTCeanies would make for saner, moar frictionless commerce!
422.
Post 14221601 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
Expecting faster confirms is simply idiotic, the system does not work like that, never has done, never will. If you want faster transactions use a higher layer (or god forbid get off your complaining asses and build a better on).
ya i no, rite?
To think the rubes actually thought this thing was gonna be a world currency lol. Hook, line and sinker!
BTCeanies would make for saner, moar frictionless commerce!
Change comes about incrementally.
We don't walk before crawling or run before walking.
...
Still dreaming about walking lol?
Sorry ChildStar. You can forget about walking. Forget about growing up, too. Your best is now behind you.
The pitter-patter of [hobbled] little fetuses @3tps is as good as it gets. This is it.
Sorry.
Bitcoin's career climaxed when it was 5 yrs old, all downhill from here. So cry now or cry later, don't mater to me. But as a friend, I suggest you wait for
The Big Garbage Day price spike, so you won't have to pay the junkman to haul away the sorry wreckage of your broken dreams
Illustration below depicts Bitcoin in its racing livery, zooming along @.3mph through the traps.
World domination next!
P.S. Sorry, that was the detail view. Full pic
423.
Post 14226217 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Once,
this thread was filled with irrational hope
...now, it is gone...
~ 2009 -- 2016 ~
424.
Post 14233342 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
Maybe someone can program another chart bot buddy?
You're the "Hey, who's up for another 8ball, I'll drive!" guy.
No. It's 4am, it's over. Eat some Xanax & go home. We're done here.
Drive carefully.
425.
Post 14239289 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Oy yoy yoy... Sub-410
426.
Post 14240040 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
The odds of Chartbuddy coming back under RichyT are probably less than 10%.
So, if people here want Chartbuddy, they gotta make another Chartbuddy. I personally have no skills in that direction, either.
Maybe chartbuddy in this thread is ded?
I'm good with computers
427.
Post 14240364 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
^
CHAЯTfriendTM is alredy on the joeb.
428.
Post 14250169 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Bitcoin and Ethereum facebook groups on Venezuela went secret and I think miners may think twice about buying mining equipment there.... the problem wasnt bitcoin at first, they cant stop people from trading p2p, the problem is mining as there are some big farms there that contribute to the power shortage... i even saw a video once of a huge farm in Caracas and a guy happily smiling to the camara
https://www.reddit.com/r/Bitcoin/comments/4azvhf/venezuelan_prosecutors_present_two_captured_men/d15m8m3
And you know what other country has subsidized electricity? China. China has subsidized electricity
429.
Post 14254734 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Isn't theymos in possession of 40,000 bitcoin for "forum maintenance and emergencies"? I highly doubt that the cost of running this forum will ever add up to (what at current price is) 16 million dollars...
Lol no; according to Thermos, the money's gone
The forum money I held has largely been spent now, mostly in the forum software project. Slickage was paid $100,000 per month in all of 2014 and until May in 2015. Since June 2015, they've been paid $50,000 per month. The exchange rate varied substantially throughout this period, but the end result is that most of the BTC was spent.
The rate ($85,417/month average as of the end of 2015) might seem high to people unfamiliar with professional software development, but it's normal. The project is quite a bit over-due and over-budget (the original estimate was 1 year and $1.2 million), but I've been constantly monitoring Slickage, and they've definitely been making solid, continual progress, so it seemed correct to continue to project. The vast majority of total forum revenue was from ads, not donations, but to the extent that donations were used: this software was in fact the main stated goal of donations.
As I've said before: I have absolutely no personal relationship to Slickage, and I receive no "kickbacks" whatsoever. I've never even met them in person. I first learned of Slickage from Warren Togami, who had previously done a lot of work for the forum and was himself recommended by gmaxwell and others. (I've also never met Warren in person.)
The current status of the software is that it's ~85% done. The core of it is entirely functional and often much better/faster than SMF, though there are still several missing features. There will be a public beta before the end of the month, I think, at which time I'll post more about what's left to be done. Also see
http://epochtalk.org/ for more info.
430.
Post 14271130 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
>responding to hdbuck as if it was a sentient lifeform
431.
Post 14272367 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
You're one of those chemtrails fluoride anti-vaccine anti-GMO whackjobs, apparently. You NEED the evil conspiracies to explain why it's not your fault that you're such a complete loser.
Oh, here's another conspiracy denier / dancing israeli shill. Interesting correlation with the bigblocktardness.
Libertardian conflict resolution intensifies...
432.
Post 14272538 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
< snip >
433.
Post 14273931 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
If you're not invested in bitcoin pigeons right now you're doing it wrong.
FTFY
“The global demand for quality squab at reasonable prices Bitcoin is unlimited” -- Pigeon King
http://www.nytimes.com/2015/03/05/magazine/the-pigeon-king-and-the-ponzi-scheme-that-shook-canada.html?_r=0
434.
Post 14274039 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Don't worry, it's one of the many exciting new functions present in the million-dollar forum software that's been in development since January 2014. The one that's going to be out "when it's ready", according to the most recent staff declaration. You can check out the
beta!... Which is behind a Bad Gateway error indefinitely.
Try forum.epochtalk.org
Nice! Another $2.5 million US, a couple more years of testing & development, and that baby will be on par with circa 1990 BBS software!
435.
Post 14274389 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Don't worry, it's one of the many exciting new functions present in the million-dollar forum software that's been in development since January 2014. The one that's going to be out "when it's ready", according to the most recent staff declaration. You can check out the
beta!... Which is behind a Bad Gateway error indefinitely.
Try forum.epochtalk.org
Nice! Another $2.5 million US, a couple more years of testing & development, and that baby will be on par with circa 1990 BBS software!
Were you actually one of the people that donated to Theymos?
1. The money was not donated to thermos, why would anyone do that?
2. Have donated absolutely no money to this forum, due to not being totally retarded.
Or you just like to complain about all of the injustices on the internet?
I guess. If by "complain" you mean "point fingers and laugh," that is.
But seriously, what's your point? If you see somebody getting mugged and raped in the street, you keep your head down and walk on? Because you're not the one getting raped, so you STFU & mind your own business?
Luckily, this is not a case of an innocent getting raped, but an obvious case of b2b (bitcoiner on bitcoiner crime). So evocative of hearty, childlike laughter, not compassion and intervention, from me
436.
Post 14275139 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
437.
Post 14276552 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Any of you gents thinking beyond the crushing embarrassment of defeat?
Got your
hobo bindles & "Argentina or Bust!" cardboard signs stylish go bags & super legit Paki passports ready?
@BitUsher: that 95% consensus gambit backfired pretty hilariously, hmm?
438.
Post 14276617 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Yup, with over 5% of the hashpower & over 30% of the nodes voting against, either that 95% min for consensus or the need for consensus will shortly be forgotten.
Oceania was always at war with Eurasia
439.
Post 14276736 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Yup, with over 5% of the hashpower & over 30% of the nodes voting against, either that 95% min for consensus or the need for consensus will shortly be forgotten.
Oceania was always at war with Eurasia
There seems to be some fuzzy logic going on here.
Of course there's fuzzy logic going on here. Don't use jargon you don't understand.
The status quo does not lose consensus or its position merely because you get 10, 20 or even close to 50% of people complaining or protesting. That's ridiculous.
Good luck with making that segwit thingy happen. Enjoy your status quo: 3tps
Seg wit has more or less achieved consensus and is going to be going live because it has achieved consensus.
Nah. Needs 95% support, ain't got it. Hilarious, since thermos & co. set that bar
440.
Post 14277314 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Yup, with over 5% of the hashpower & over 30% of the nodes voting against, either that 95% min for consensus or the need for consensus will shortly be forgotten.
Oceania was always at war with Eurasia
There seems to be some fuzzy logic going on here.
Of course there's fuzzy logic going on here. Don't use jargon you don't understand.
Looks like you are attempting to employ your own diversion from the topic by pointing fingers. I fully explained what I meant in my post, and if you want some further explanation of some "jargon", then let me know. < snip >
Ignorant fuck:
"Fuzzy logic," the jargon you're misusing, means "non-Boolean logic." It does not mean shitty/sloppy logic.
The rest of your post is, per usual, more drawn-out bland bullshit peppered with buzzwords. Which you hope against hope other idiots would mistake for erudition.
Which, of course, they do not.
And if the meaningless, insipid tripe you type up ain't enough, you pad it out with shitloads of blank lines. You annoying fuck.
441.
Post 14277487 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Up in the sky! The price!
442.
Post 14280998 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Yup, with over 5% of the hashpower & over 30% of the nodes voting against,
either that 95% min for consensus or the need for consensus will shortly be forgotten.Oceania was always at war with Eurasia
Lol,
https://www.reddit.com/r/Bitcoin/comments/4banq1/will_classic_block_segwit_activation/d17iqo8 [–]theymos -4 points 1 day ago
IMO it's unlikely that miners will refuse to take a scaling option that's sitting right in front of them.
But if 95% can't be achieved, it's possible to switch to a lower percentage.
[...]
It's also possible to do a softfork with less than 50% mining power
Who's your daddy?
443.
Post 14284053 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Dat impotent gov troll ...
Impotent?
No rly, ask ur mom
444.
Post 14307981 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
Regarding your earlier point about the daily candle, it is within two hours of closing, and looks like it could be red today.. it is going to be a close call, since price has been hovering between $415 and $417 all day.. and maybe a little over $417.50 would cause the daily candle to come out green?
445.
Post 14312537 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
so much for quiting bitcointalk.org
i just love the controversy too much!
I didn't believe you'd really leave. You can't really trust that other forum anyway. It's run by cypherdoc.
If you're not getting deleted/banned, what is it you feel requires trust? I never had a post deleted there, have you?
Trust is needed only when a forum takes on the burden of censorship; only then does stuff like trust & impartiality come into play.
... Not even that, but literally everything there is anti-core, anti-blockstream.
Gets annoying/repetitive after a while.
It does, but consider how the users ended up on that forum.
People joined bitcointalk because they were interested in Bitcoin.
They joined bitco.in/forum because they were censored, or booted from, bitcointalk. Mostly due to their support of [that which must be unspoken].
446.
Post 14313607 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
so much for quiting bitcointalk.org
i just love the controversy too much!
I didn't believe you'd really leave. You can't really trust that other forum anyway. It's run by cypherdoc.
If you're not getting deleted/banned, what is it you feel requires trust? I never had a post deleted there, have you?
Trust is needed only when a forum takes on the burden of censorship; only then does stuff like trust & impartiality come into play.
... Not even that, but literally everything there is anti-core, anti-blockstream.
Gets annoying/repetitive after a while.
It does, but consider how the users ended up on that forum.
People joined bitcointalk because they were interested in Bitcoin.
They joined bitco.in/forum because they were censored, or booted from, bitcointalk. Mostly due to their support of [that which must be unspoken].
Forums are businesses. They make money when they get large enough to charge for advertising and sponsorships. Would you use a totally uncensored forum owned by pirate@40, Josh Zerlan, or Mark Karpeles? Probably not because you wouldn't want to help them make any more money. It's more of a principal than a direct threat to the membership. Although, it would be possible for a forum operator to sell email address lists, passwords, contact info and make money that way. When you use a forum you need to trust the person running it unless you can register totally anonymous which I did here long ago. Sure, I used a throw away fake email to register over there but how many other people actually did that too?
>Forums are businesses.
Well see, that's a part of it. Thermos has collected *donations* to run this forum, and, once BTC appreciated & those donations became, roughly, $2.5 million US, he either laundered them through some shell co. going by Slackage or Slickage, or is irredeemably stupid. As in thinking that writing forum software from scratch is a really good idea. And that sending $100,000 a month to a d00d going by Wangbus, without a noncompletion clause or even a fucking contract, is the smartest way of going about it & would result in anything but what it fucking DID result in: No working forum software & running a version of SMF 7 years out of date.
So. Businesses don't typically ask for donations and then proceed to snag them, or, at best, piss them away.
Now where were we?
447.
Post 14317579 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
... There will never be consensus. There will always be fighting and trolling. You'd better get used to it because this is the future of bitcoin. ...
448.
Post 14325043 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Dat volume tho...
449.
Post 14327825 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
... I am a voice crying in the wilderness ...
And now also the axe is laid unto the root of the trees...
450.
Post 14333372 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Dang, bitcoiners, you wilding!
451.
Post 14334993 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
to the moon!
Only if by moon you mean "almost where we were a month ago, but not quite."
452.
Post 14341201 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Wow, what did I miss?
the easter bunny
Isn't easter when something rises from the dead?
you're an idiot
easter is when the bunny come and gives everyone
chocolate diabeetus >:3
FTFY
453.
Post 14342694 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
bitcoin does scale!
...
Why price can't stay up on its own? Why it go all flaccid & droopy when pumping stops?
454.
Post 14342939 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
its volatile not "flaccid & droopy"
its not like we are seeing bitcoin lose value week after week month after month.
value of 1 BTC is roughly the same as 5 months ago ...
I guess. Maybe, if our luck holds, we won't lose much in the next 5 mo either. I remain cautiously optimistic
455.
Post 14343374 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
bitcoin does scale!
...
Why price can't stay up on its own? Why it go all flaccid & droopy when pumping stops?
Bitcoin is hardly flaccid and droopy.
In early November 2015, we got a pump to $502... however, BTC prices have been largely between $360 and $460 thereafter. I would hardly call those price dynamics flaccid and droopy.. instead I would call that "in a pretty decent place."
Yeah, sure, BTC prices may go back into the $300s and maybe even there could be another attempt at going below $350... but it is seeming less and less likely and more and more difficult to bring bitcoin below those seemingly firm price points.. There have been attempts to bring BTC prices below $400 in the past month, and even that has been seemingly difficult.. I would hardly call that flaccid and droopy.
In other words,
It's flaccid alright.
Flaccid. Limp and droopy, like a postcoital D.
456.
Post 14343413 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
new low, its gonna crash!!!!!!!
Last chance to buy above 420?
Buy now and cry later?
457.
Post 14343649 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
i have a 1GBps connection with unlimited bandwidth.
if we all hook on to my super fast internet we can scale bitcoin!
Yes, but would that be the decentralized, highly diverse, antifragile censorship-resistant Bitcoin network
that also gives great head we were led to expect?
458.
Post 14344630 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
bitcoin does scale!
...
Why price can't stay up on its own? Why it go all flaccid & droopy when pumping stops?
Bitcoin is hardly flaccid and droopy.
In early November 2015, we got a pump to $502... however, BTC prices have been largely between $360 and $460 thereafter. I would hardly call those price dynamics flaccid and droopy.. instead I would call that "in a pretty decent place."
Yeah, sure, BTC prices may go back into the $300s and maybe even there could be another attempt at going below $350... but it is seeming less and less likely and more and more difficult to bring bitcoin below those seemingly firm price points.. There have been attempts to bring BTC prices below $400 in the past month, and even that has been seemingly difficult.. I would hardly call that flaccid and droopy.
In other words,
It's flaccid alright.
Flaccid. Limp and droopy, like a postcoital D.
You can repeat your conclusion all that you like, but you have no analysis, logic or facts in order to attempt to describe or support how you arrived at such a wishful-thinking conclusion.
You can't deny it's flaccid tho. And also tiny.
Disappointingly small
459.
Post 14344792 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
And yet there are still those who refuse to believe that Bitcoin is a honeypot
460.
Post 14346341 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Thank you Adam, you're the first Classic/2MB shill who has been polite enough to ask. Please leave.
Carlton, where have you been? Your direct approach was missing in some of these discussions (for a while).
Anyhow, you do make a point. The majority of the users do not like the people supporting controversial hard forks in addition to all of them being moved to the altcoin section. Things would be much more simpler if people like Veritas, Adam, etc. just left. Forums have been created to suit the needs of the people supporting such forks, they might as well use them.
Right on! We never liked him anyhow.
Bitcoin needs to shrink!
461.
Post 14351589 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Captain Obvious here again:
The price increase was Today's dump is due to one or more entities simply
purchasing dumping
BTC, they were not pumping the price as we normally see, they
were accumulating are droppin' it like it's hot all in one go;
462.
Post 14351937 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
463.
Post 14352386 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
**Sigh**
When is bitcoin to get an adrenaline shot in the arm? I was told I'd be rich by now before I invested
Seriously though the halving isn't too far away now & there doesn't seem to be any hint the price will change dramatically.
Disappointed.
Better if you weak hands just leave , rather than keep whining .
Right on! We never liked him anyhow.
Bitcoin needs to shrink!
464.
Post 14354109 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
ETH going up and BTC down.
Is a shift happening?
Not cool bro.
465.
Post 14356024 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
So this is how it ends...
Unsatisfying, Gentlemen, won't lie. The younger, healthier bitcoiners snuck out unnoticed, now rifling through your wallets, safe in the the last of the lifeboats...
And ...well, here you are...
466.
Post 14356823 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Has Adam joined a smear campaign against bitcoin?
For the love of Bitcoin is the root of all evol. Verily, verily, I say unto you: none shall know Bitcoin and still be saved...
467.
Post 14357001 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
everything is going to be alright
Yesterday, CoinKite: Goodbye
Today, CoinTrader: "has closed its doors effective immediately."
Canada. So much to answer for...
468.
Post 14357160 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
You know who hasn't been around?
469.
Post 14357887 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
^^
470.
Post 14358501 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
^^
Bankster are virus.
Bitcoin is the antivirus.The McAfee antivirus
471.
Post 14358676 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
< BitUsher used text effects. It's super effective. >
472.
Post 14363146 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
^^Speak of the Devil, and He'll appear
You know who hasn't been around?
...
473.
Post 14363204 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
... Gavin's own tests reflects that Classic can have a worst case scenario 60% node drop off rate, and he is fine assuming this risk where most other developers don't like this escalated form of centralization where we already have multiple centralization problems that we need to dig out of.
assuming worst case happens.
what are the consequences of 60% node drop off rate?
Bitcoin becomes more insecure.
...
All these allusions to "insecurity" without any mentioning any specifics.
Can't we just hug it occasionally & tell it "Darn it, you're good enough! God don't make no junk & people like you"?
474.
Post 14363937 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
on the other hand, if we go with classic all we get is a theoretical drop in security ( less full nodes ) ( let's not kid ourselves my paper wallets are not less secure due to hobbyist nodes getting forced out of a GROWING ecosystem )
If you go with Classic what you get is jstolfi as Chief Philosopher,
Yeah, if vote Core, you get
Either way, you'll be in great hands, Bitcoin Friends!
475.
Post 14364240 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
BTC moving down, ETH moving up
It's almost starting to look like ETH might take over.
I better go buy an ETH debit card then to spend all of these ETHs.
Or go visit an ETH accepting restaurant.
I can use them to buy things at Amazon for a discount right?
You can sell ETH for USD, which is exactly what all the options you've described do with BTC
476.
Post 14365000 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Lol,
https://www.reddit.com/r/Bitcoin/comments/4ckqxt/a_bribe_attack_is_ongoing/But wait... what if an attacker rents hardware instead of buying it? It's much simpler than buying hardware: no complex logistics, little overhead, no concerns about how an attack would affect hardware price. Attacker would need to pay slightly above the market price to make sure he gets more than a half of total hashpower to make sure that it's statistically certain his attack can succeed.
The most secure blockchain in the world
477.
Post 14365091 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Lol,
https://www.reddit.com/r/Bitcoin/comments/4ckqxt/a_bribe_attack_is_ongoing/But wait... what if an attacker rents hardware instead of buying it? It's much simpler than buying hardware: no complex logistics, little overhead, no concerns about how an attack would affect hardware price. Attacker would need to pay slightly above the market price to make sure he gets more than a half of total hashpower to make sure that it's statistically certain his attack can succeed.
The most secure blockchain in the world
Sort of like saying Buckingham Palace isn't safe because an attacker could just rent it and kill The Queen.
If the Buckingham Palace is for rent, to anyone, all the time, murder is perfectly legal & has no consequences, & "The Queen is dead" = "UK is dead," then absolutely.
P.S. Seriously tho, if UK lived or died by The_Queen, do you really believe the Brits would be stupid enough to rent out her lair? That sounds exactly like the sort of shortsighted junkie mentality Bitcoin is riddled with.
P.P.S. Dear Adolf, hello! Listen, Mein Fuhrer, you'll never believe this, you sitting down?
1. Rent out the Buckingham Palace for a night
2. Kill Queen
3. ? ? ?
4. PROFIT! Britain is ours, lol!
478.
Post 14365279 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
It's generally understood that parties who own hashing hardware will be reluctant to perform attack because a successful attack can drastically decrease the value of the hardware they own. Thus it can be said that ASICs made Bitcoin much more secure due to this stickiness.
But wait... what if an attacker rents hardware instead of buying it? It's much simpler than buying hardware: no complex logistics, little overhead, no concerns about how an attack would affect hardware price. Attacker would need to pay slightly above the market price to make sure he gets more than a half of total hashpower to make sure that it's statistically certain his attack can succeed.
Well, he acknowledges that miners won't act against their self-interest in decreasing the value of hardware they own, by attacking themselves, but then ignores it as a disincentive for (irresponsibly) renting hashpower to an attacker.
In other words, if a miner who owns millions of $$$ in gear won't do an attack himself, why would he rent hardware to allow another one to attack bitcoin and devalue his hardware in the process. Why would a miner risk a multi-million $$$ devaluation on his stash and hardware, to get a few extra thousand bucks?
You are assuming that (
remaining value of mining hardware) > (sum total of "bribe"). That's a grossly erroneous assumption, especially with the halvening coming up
479.
Post 14365328 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
"Sort of like" implies less than perfect parity.
My point was more in line with your last bit. Miners won't rent out a significant portion of their gear like that.
See my post above, and explain why not. To simplify:
If you're going to net 1 BTC from your miner in its lifetime, and I offer you 2 BTC, why would you not accept it?*
*Taking into account that you are able to sell your BTC for USD, making BTC's value after the sale irrelevant.
P.S., just to be clear: This would fall on its face if the miners *couldn't sell BTC.* If BTC was the only store of value in the world,the miners would be only hurting themselves by undermining (lol) BTC value. Sadly, it ain't the case -- there's USD, turnips, gold, etc., etc.
480.
Post 14365435 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
It's generally understood that parties who own hashing hardware will be reluctant to perform attack because a successful attack can drastically decrease the value of the hardware they own. Thus it can be said that ASICs made Bitcoin much more secure due to this stickiness.
But wait... what if an attacker rents hardware instead of buying it? It's much simpler than buying hardware: no complex logistics, little overhead, no concerns about how an attack would affect hardware price. Attacker would need to pay slightly above the market price to make sure he gets more than a half of total hashpower to make sure that it's statistically certain his attack can succeed.
Well, he acknowledges that miners won't act against their self-interest in decreasing the value of hardware they own, by attacking themselves, but then ignores it as a disincentive for (irresponsibly) renting hashpower to an attacker.
In other words, if a miner who owns millions of $$$ in gear won't do an attack himself, why would he rent hardware to allow another one to attack bitcoin and devalue his hardware in the process. Why would a miner risk a multi-million $$$ devaluation on his stash and hardware, to get a few extra thousand bucks?
You are assuming that (
remaining value of mining hardware) > (sum total of "bribe"). That's a grossly erroneous assumption, especially with the halvening coming up
I seriously doubt that obsolete and ineffective hardware that is to be retired can actually mount a 51% attack. Its hashrate would be way below that threshold, possibly something like 10-20%.
The gear is neither obsolete nor ineffective.
It makes a perfectly good profit now, but will stop making a perfectly good profit when block reward is halved.
Maybe an analogy would make this clearer:
1. You raise pigs.
2. It costs you $10 to raise & fatten one for the slaughter.
3. You get paid $19/pig
4. Halvening comes, you can only get half of what you used to, i.e. $9.50/pig.
5. What used to make you $9 now *costs you* $.50.
481.
Post 14365637 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
It's generally understood that parties who own hashing hardware will be reluctant to perform attack because a successful attack can drastically decrease the value of the hardware they own. Thus it can be said that ASICs made Bitcoin much more secure due to this stickiness.
But wait... what if an attacker rents hardware instead of buying it? It's much simpler than buying hardware: no complex logistics, little overhead, no concerns about how an attack would affect hardware price. Attacker would need to pay slightly above the market price to make sure he gets more than a half of total hashpower to make sure that it's statistically certain his attack can succeed.
Well, he acknowledges that miners won't act against their self-interest in decreasing the value of hardware they own, by attacking themselves, but then ignores it as a disincentive for (irresponsibly) renting hashpower to an attacker.
In other words, if a miner who owns millions of $$$ in gear won't do an attack himself, why would he rent hardware to allow another one to attack bitcoin and devalue his hardware in the process. Why would a miner risk a multi-million $$$ devaluation on his stash and hardware, to get a few extra thousand bucks?
You are assuming that (
remaining value of mining hardware) > (sum total of "bribe"). That's a grossly erroneous assumption, especially with the halvening coming up
I seriously doubt that obsolete and ineffective hardware that is to be retired can actually mount a 51% attack. Its hashrate would be way below that threshold, possibly something like 10-20%.
The gear is neither obsolete nor ineffective.
It makes a perfectly good profit now, but will stop making a perfectly good profit when block reward is halved.
Maybe an analogy would make this clearery:
1. You raise pigs.
2. It costs you $10 to raise & fatten one for the slaughter.
3. You get paid $19/pig
4. Halvening comes, you can only get half of what you used to, i.e. $9.50/pig.
5. What used to make you $9 now *costs you* $.50.
Some ASICs make a profit right now, even if they have a low performance/high consumption index, yet they won't after the halving.
Those ASICs who are going to be shut down, are not the latest and more efficient, but rather the less efficient and more power hungry. Perhaps 2 generations old or more.
I'm not very worried about rogue attackers in situations like these. My only concern is government-mounted attacks with technology that surpasses what miners have. Whether we are talking extremely effective ASICs on silicon, GaAs implementations that clock like mofos or ...QCs.
Look at the pig farmer example I gave you. It's a good model to work with, good level of abstraction because you can actually build on it/tweak it to reflect reality in a more nuanced/exact way.
For instance, you can make it more accurate by allowing for the fact that you're not the only pig farmer, and many pig farmers will go out of business when halvening cometh & pig price is cut in half. You can plug in your own profit margins, model pork belly futures (mining contracts), etc, etc.
That way we could see exactly where our disagreements lie. Not toss opinions against each other & get mad.
Governments with high-tech gear are neither here nor there -- Chinese government could simply nationalize all the mines in China, no biggie.
@Fatman: I don't understand what you're trying to say, so I guess dead end
I don't particularly care about whose side that reddit guy's on, or if such an attack is actually happening -- my point is it could happen, and is likely to happen, and the period right before teh Halvening (& The Forkening), is the most likely time for it to happen.
482.
Post 14366018 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Look at the pig farmer example I gave you. It's a good model to work with, good level of abstraction because you can actually build on it/tweak it to reflect reality in a more nuanced/exact way.
For instance, you can make it more accurate by allowing for the fact that you're not the only pig farmer, and many pig farmers will go out of business when halvening cometh & pig price is cut in half. You can plug in your own profit margins, model pork belly futures (mining contracts), etc, etc.
Yeah, I skipped the example altogether because it assumed equal farming efficiency and costs, which isn't really suitable for the ASIC analogy where you have much faster equipment and more energy efficiency.
And I can't see how I can tune it to make one farmer better at ...growing pigs, when these have a very predetermined type of growing. Cost efficiency, yes, this we can tune, saying one farmer needs X money to grow a pig and another needs X/2 money to grow a pig.
We can easily factor this in by assuming pig-raising costs are not the same for all farmers (which also happens to be the case IRL. Raising a pig in a NY penthouse is costlier than raising a pig @ a Chinese Pig Factory.). So let's say it costs some pig farmers only $5 to raise a pig now, while $10 for others. How does this break my model? Sure, the $5 farmers will remain profitable after the halvening, but ...so what?
The gold mining/dredge bit doesn't work too well for Bitcoin. Haven't been following mining lately, but rule of the thumb was break even in ~3 mo -- if you don't, you ain't going to. Because while your dredge was dredging, other, more efficient dredges got to dredging, right where your dredge dredges (you don't stake a claim in Bitcoin, everyone mines for the same coins), requiring you to either upgrade your dredge or GTF out of the dredging business.
483.
Post 14366472 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Look at the pig farmer example I gave you. It's a good model to work with, good level of abstraction because you can actually build on it/tweak it to reflect reality in a more nuanced/exact way.
For instance, you can make it more accurate by allowing for the fact that you're not the only pig farmer, and many pig farmers will go out of business when halvening cometh & pig price is cut in half. You can plug in your own profit margins, model pork belly futures (mining contracts), etc, etc.
Yeah, I skipped the example altogether because it assumed equal farming efficiency and costs, which isn't really suitable for the ASIC analogy where you have much faster equipment and more energy efficiency.
And I can't see how I can tune it to make one farmer better at ...growing pigs, when these have a very predetermined type of growing. Cost efficiency, yes, this we can tune, saying one farmer needs X money to grow a pig and another needs X/2 money to grow a pig.
We can easily factor this in by assuming pig-raising costs are not the same for all farmers (which also happens to be the case IRL. Raising a pig in a NY penthouse is costlier than raising a pig @ a Chinese Pig Factory.). So let's say it costs some pig farmers only $5 to raise a pig now, while $10 for others. How does this break my model? Sure, the $5 farmers will remain profitable after the halvening, but ...so what?
We can adjust the costs. But how can we adjust performance? The only way I can think of, is, let's say farmer A gives hormones or a special diet so that his pigs get twice as fat in 6 months, compared to those of farmer B.
Because that's the issue here. Lower nm chips are typically more energy efficient for the same number of transistors, but changes in circuit architecture can also increase performance. So you have 2 elements to count.
It's not like you have 100 ghashes from one chip and 100 ghashes from another but the second just so happens to burn less energy. You have more ghashes as well. This means that the equipment that ultimately shuts down represents a smaller hashrate.
>But how can we adjust performance?
Bigger pig farm = better performance. No need for pig steroids (faster chips), just raise more pigs (more miners, bigger farm) -> will have more pigs to sell. Easy peasy
Remember, the slaughterhouse doesn't care how quickly you fattened your pigs; all it cares about is how many pigs you got to sell.
>the equipment that ultimately shuts down represents a smaller hashrate.
Doesn't follow at all. Let's say the majority of mining gear today is mining 1 BTC @ cost of .7 BTC.
When teh Halvening cometh, that majority will [likely] shut down*
The gold mining/dredge bit doesn't work too well for Bitcoin. Haven't been following mining lately, but rule of the thumb was breake even in ~3 mo -- if you don't, you ain't going to. Because while your dredge was dredging, other, more efficient dredges got to dredging, right where your dredge dredges (you don't stake a claim in Bitcoin, everyone mines for the same coins), requiring you to either upgrade your dredge or GTF out of the dredging business.
I'm talking about mega-dredges which were mainly used for inland mining:
https://www.youtube.com/watch?v=7OyEvwCpuuQ& Again, what is different? The gold miner without a staked claim (exclusive rights to the spot he mines), is subject to poor godless savages swarming in & mining the shit out of his spot. That is the case for Bitcoin -- everyone is competing for the same *cough* "digital gold"
*of course, this is not necessarily the case; we're not factoring in if *other miners have shut down (thus lowering difficulty -> making our shit gear profitable again)*. There's a prisoner's dilemma/Mexican standoff thingy that will happen when Halvening cometh...
484.
Post 14366558 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
^^
485.
Post 14366716 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Meanwhile, back at the $$$ ranch, glamorous fabulosity intensifies...
(
)
486.
Post 14367076 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Bigger pig farm = better performance.
That could work too.
>the equipment that ultimately shuts down represents a smaller hashrate.
Doesn't follow at all. Let's say the majority of mining gear today is mining 1 BTC @ cost of .7 BTC.
When teh Halvening cometh, that majority will [likely] shut down*
It doesn't go that way.
https://news.bitcoin.com/bitfury-unveils-fastest-bitcoin-mining-chip-ever-created/Let's assume the article is generally correct.
Let's assume that in the year 2015 all bitcoins are mined by 28nm bitfury chips
Let's assume that the entire 2015 network made up of 28nm bitfury chips gave us 100 petahash.
Going to 2016:
Let's assume 40% of the miners have upgraded to the 16nm bitfury chips which are 4x faster for the same watts.
Now, when the 40% upgraded their mining operations, their 40 petahash became 160 petahash for the same watts.
The other 60% which did not upgrade, still have their ....60 petahash.
So in this scenario, the "to-be-retired" hardware will represent only 60 out of a total 220 petahash - even though they are 60% of the machines.
To make it more factual: All this hashpower that has been added in the last few months, well... it ain't from crap equipment.
Mar 18 2016 165,496,835,118 4.46% 1,184,672,491 GH/s
Mar 04 2016 158,427,203,767 -3.10% 1,134,066,098 GH/s
Feb 19 2016 163,491,654,909 13.44% 1,170,318,852 GH/s
Feb 07 2016 144,116,447,847 20.06% 1,031,625,717 GH/s
Jan 26 2016 120,033,340,651 5.89% 859,232,121 GH/s
Jan 13 2016 113,354,299,801 9.12% 811,421,684 GH/s
Dec 31 2015 103,880,340,815 11.16% 743,604,444 GH/s
Dec 18 2015 93,448,670,796 18.14% 668,931,642 GH/s
Dec 06 2015 79,102,380,900 8.77% 566,236,898 GH/s
Nov 24 2015 72,722,780,643 10.44% 520,569,941 GH/s
Nov 11 2015 65,848,255,180 5.77% 471,360,171 GH/s
Oct 29 2015 62,253,982,450 2.25% 445,631,364 GH/s
We've gone 3x in hashpower in just 5 months. These two thirds of the current hashpower that have added 800mn GH/s over the 400mn that we already had, are not from obsolete equipment that will go offline post-halving.
Again, what is different? The gold miner without a staked claim (exclusive rights to the spot he mines), is subject to poor godless savages swarming in & mining the shit out of his spot. That is the case for Bitcoin -- everyone is competing for the same *cough* "digital gold"
The point was that these large mega-dredges don't need separate bulldozers, rock trucks, loaders, excavators, sluice plants etc etc. They just process the dirt on the spot, thus eliminating tremendous fuel costs. They process a lot of yards and do so more economically. And as fuel costs go up, so can the savings increase.
>Now, when the 40% upgraded their mining operations, their 40 petahash became 160 petahash for the same watts.
The hashrate represents *additional* hashpower from new gear. Last gen hardware is still profitable to mine (other pig farmers are running it, so must be).
Also unreasonable to assume that all of the extra hashpower is from new gen chips -- that would imply that the rest of chip manufacturers/gear manufacturers have sold exactly no product since the new BitFury chips hit the market. Pretty difficult to swallow, because doesn't jive with reality.
This is typical Bitcoin thinking: Come up with a scenario, no matter how improbable, where everything doesn't immediately turn to shit, and discount everything else.
>these large mega-dredges don't need separate bulldozers [etc.]
Well yeah, that doesn't work because everyone else is mining your spot too, some with picks and pans, some with dredges just like yours. As you mentioned, more of your fancy dredges came over in the past five months. As n 3x more
Now your newfangled dredge is dredging only 1/3 (one third) as many digital pigs as it did just 5 months ago. And come teh Halvening, it's gonna be *less than 1/6th* (because not just Halvening, but also more dredges showed up to dredge your spot in the meantime).
So yeah, to say that the Halvening is gonna be devastating is an understatement.
It's gonna be *disruptive*
487.
Post 14367614 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
BTC moving down, ETH moving up
It's almost starting to look like ETH might take over.
I better go buy an ETH debit card then to spend all of these ETHs.
Or go visit an ETH accepting restaurant.
I can use them to buy things at Amazon for a discount right?
A convoluted way to use a debit card and Amazon coupons. I hope BTC has more going for it than that.
Being able to drop your bank and use an international currency that has a finite amount...I'd say that's quite a bit.
Can I do that with ethereums?
not yet...
To be fair, can't do that with Bitcoin either -- Elwar's still getting his bank cards rejected by various ATMs.
@AlexGR: your 16nm story looks like utter crap
That is correct. We have just a handful of chips right now and all are used for R&D and profiling including occasional
rapid unscheduled disassembly as we look for the limits of the chip
. We are expecting the engineering lots in a few weeks time. Luckily our schedule was not affected by the recent
Taiwan earthquake. Our total hash power has increased due to our
Gldani immersion cooling datacenter getting to full capacity.
488.
Post 14375129 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
^^
Yeah, not the point.
... Being able to drop your bank ...
You didn't do that. Still buying & selling your FunBux for actual money.
Like
BTCeanie speculators buy & sell their
BTCeanies for actual money
489.
Post 14375344 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
>Now, when the 40% upgraded their mining operations, their 40 petahash became 160 petahash for the same watts.
The hashrate represents *additional* hashpower from new gear. Last gen hardware is still profitable to mine (other pig farmers are running it, so must be).
Yes but you are not buying obsolete hardware when the halvening is around the corner. That won't even make you a ROI for the hardware.
Also unreasonable to assume that all of the extra hashpower is from new gen chips -- that would imply that the rest of chip manufacturers/gear manufacturers have sold exactly no product since the new BitFury chips hit the market. Pretty difficult to swallow, because doesn't jive with reality.
Yeah the assumption is just to illustrate the example. It's not how actual mining works. In reality, it's about +1 or +2 generation backwards... there could be a lot of 50+ nm chips mining along with 20nm+ chips, and what will probably go out the window are the 50nm+. Even very old hardware can be profitable if electricity is at near zero cost, but, at some point, it won't be. Although that doesn't mean they represent any serious hashrate (by the time they are out).
The 16nm story is just an example of how there is evolution in terms of performance, as well as lower consumption - which allows to produce same hashrates with much less equipment, automatically reducing the % of slice of the pie (in terms of hashrate) that belongs to old mining hardware.
Well yeah, that doesn't work because everyone else is mining your spot too, some with picks and pans, some with dredges just like yours. As you mentioned, more of your fancy dredges came over in the past five months. As n 3x more
Now your newfangled dredge is dredging only 1/3 (one third) as many digital pigs as it did just 5 months ago. And come teh Halvening, it's gonna be *less than 1/6th* (because not just Halvening, but also more dredges showed up to dredge your spot in the meantime).
So yeah, to say that the Halvening is gonna be devastating is an understatement.
It's gonna be *disruptive*
Again, I seriously doubt that hashrate representing 2/3 of the network, and which comes online months before the halvening, will be ...obsolete. The "ground" is the same, but at least you are "not burning that much diesel to get the gold" - so better hardware allow more profitability for the remaining players, even with a halvening event...
Personally I don't expect more than a 15-25% hash slowdown if price levels are >400. It could be far less with prices at 500-600 or beyond but problematic if price goes down to 200. And there are bonus circumstances which could help, like further chinese devaluation which could make electricity costs in china even cheaper in USD$ terms. The miner is getting paid in USD but his costs in USD get lower due to CNY going lower. I think since summer it went down from 1 USD to 6.2 CNY to 6.5 CNY, which is around a 5% slide. I have no idea if electric costs remained the same (in CNY terms), but if they did, it's automatically +5% more profitable since the main revenue stream is USD.
>Yes but you are not buying obsolete hardware when the halvening is around the corner. That won't even make you a ROI for the hardware.
Broken logic.
1. The hardware is not obsolete, just less efficient than the 16nm fiction you described.
If you did basic research, you'd know that's what commercially available 16nm BitFury chips are. You didn't bother, b/c it interferes with spinning your sweet sweet best case scenario. I did.
So now you know.
2. You don't understand how pricing works. The Halvening is still months away. At the rate hashrate climbed over the past 5 mo, if you don't break even in 3 mo, you don't break even.
TL;DR: If you bought miners last November, they have completed their deprecation life cycle, worked for you and made you mone (or not).
If you waited for BitFury's 16nm pipe dream, continue waiting and dreaming.
>The 16nm story is just an example
...of bullshit. It's a bullshit story. No confirmed BitFury 16nm chips hashing in production environments. Might as well use "free BitFury 10TH/sec chips with on-chip cold fusion generator" example.
>I seriously doubt that hashrate representing 2/3 of the network, and which comes online months before the halvening, will be ...obsolete.
...that's because you don't bother to do the most rudimentary fact-gathering, extrapolating from shit premise instead.
That's what people living in cardboard boxes behind dumpsters did.
Don't do it or look for a large box nao, AlexGR.
490.
Post 14375458 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
^^
So still on teh bankster's leash. Check.
>I couldn't care less if other people
Sure you do, else you wouldn't be posting/roping in unsuspected marks into this thing of ours.
>All that matters is what I am able to do.
No one's stopping you (not where you're at, not yet). Enjoy it while you can
P.S. How's that Water World scheme of yours progressing, all good? Ready to raise the non-flag yet?
491.
Post 14375873 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
>Yes but you are not buying obsolete hardware when the halvening is around the corner. That won't even make you a ROI for the hardware.
Broken logic.
1. The hardware is not obsolete, just less efficient than the 16nm fiction you described.
If you did basic research, you'd know that's what commercially available 16nm BitFury chips are. You didn't bother, b/c it interferes with spinning your sweet sweet best case scenario. I did.
So now you know.
It's just an example, with stated assumptions like "everybody uses x chip at y nm". You said you weren't following the logic so I had to make it more tangible with a hypothetical scenario.
2. You don't understand how pricing works. The Halvening is still months away. At the rate hashrate climbed over the past 5 mo, if you don't break even in 3 mo, you don't break even.
Ok, let's say you understand it better. Can you give me your estimate of the hashrate drop come the halvening.
I say 15-25% max. If you believe it'll be closer to 50%, with a logic like "half reward = half the miners must go out of business", then just say it so, and we'll see who gets it right
>The 16nm story is just an example
...of bullshit. It's a bullshit story. No confirmed BitFury 16nm chips hashing in production environments. Might as well use "free BitFury 10TH/sec chips with on-chip cold fusion generator" example.
It doesn't matter whether 16nm chips are running or not. The example is just that. An example. It can be adjusted if you say 28nm are the cutting edge and they will replace chips that are >50nm. In any case, the example is not "real world". In the real world, one may be using fixed-rate electricity, mining at zero extra expenses, whether his equipment is 20, 40 or 100nm, thus always making profit. In this way machinery that is obsolete can be sold to people who have cheaper (or free) electricity than the former owner. Heck, they can even be used for heaters in winter
>[16nm is] just an example.
You asked me to assume (a hypothetical, not an example) that the majority of Bitcoin's hashpower is due to BitFury's 16nm chip. I tried to work out the cost of mining with your hypothetical, and punched "buy 16nm bitfury" into Google. Google led me to the BitFury thread on this forum, where I was told that, to the best of the poster's knowledge, THERE ARE NO COMMERCIALLY AVAILABLE 16nm BitFury MINERS. This took me all of 10 minutes.
If you want to go with outlandish hypotheticals, feel free to use my "free BitFury 10TH/sec chips with on-chip cold fusion generator" example. At least, this way people will know right away that you're deluded.
>I say 15-25% max. If you believe it'll be closer to 50%
Unlike many here, I don't pull numbers out of my ass. What I said was this: When teh Halvening cometh, a substantial portion of the hashpower would be susceptible to "ren-a-hash" attack, i.e. it may no longer be in the miners' [pragmatic, financial] self-interest to maintain the value of Bitcoin.
If the above seems vague, please reread my first post
492.
Post 14375911 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
>All that matters is what I am able to do.
No one's stopping you (not where you're at, not yet). Enjoy it
while you can Indeed, I have found that freedom lies in the small window between a new technology being released and the slow hand of government that comes to shred any grains of freedom from that comes from it. That is where I live my life. However ever-moving it is.
So basically committing crimes against which no laws have been written yet (because the gubermint's too slow)?
Congrats.
493.
Post 14376072 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Unlike many here, I don't pull numbers out of my ass. What I said was this: When teh Halvening cometh, a substantial portion of the hashpower would be susceptible to "ren-a-hash" attack, i.e. it may no longer be in the miners' [pragmatic, financial] self-interest to maintain the value of Bitcoin.
If the above seems vague, please reread my first post
Alright then, we'll see how it plays out. I'll bookmark this post for reference, when nothing happens
Don't misunderstand me. You might be right, just like a guy who prognosticates he won't be crowned King unless he appeases Abholos the Devourer with much blood.
He doesn't make the streets run red with blood, he's not the king, but for totally different reasons. Abholos the Devourer is neither here nor there.
See?
494.
Post 14376323 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
>All that matters is what I am able to do.
No one's stopping you (not where you're at, not yet). Enjoy it
while you can Indeed, I have found that freedom lies in the small window between a new technology being released and the slow hand of government that comes to shred any grains of freedom from that comes from it. That is where I live my life. However ever-moving it is.
So basically committing crimes against which no laws have been written yet (because the gubermint's too slow)?
Congrats.
A crime with no law?
Yeah, doing bad shit that hasn't been made explicitly illegal yet, like selling shares in a company you know is going to fail, like farting at the opera, like hicktown sheriff using civil forfeiture, like beating your wife before it was illegal.
Firs there are bad things, then laws are made to stop them.
What don't you get?
I use Bitcoin now (not a crime) which will eventually be illegal (government hates freedom).
wut
The US basically came into being thanks to the new technology of the printing press.
Invented in 1440, a technology which played an insignificant part in "US [coming] into being." The more you know
The Internet used to be a great place for exchanging thoughts freely.
Hell, the initial banks were a bastion of freedom that helped many people out of poverty. Before government interference.
Wait, you hate governments, but think "US [coming] into being" (a chunk of land, once populated by loosely-knit tribes, seized by force and consolidated into what's arguably the greatest nation-state in the world) is a good thing?
495.
Post 14376714 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
In 1725, Bradford moved to New York and established the New York Gazette, the first newspaper in that city and one of the first in New England.
Newspapers were a vital part of colonial life. In a society where communication between the 13 colonies, and even between towns, was discouraged, they provided the only means of spreading news other than by mere hearsay. This importance was recognized during the years preceding the War of Independence: both Colonists and British rulers employed the press to spread heated propaganda among the people. The newspapers announced the Declaration of Independence as well as Lord Cornwallis’ surrender.
The good thing about the early US was their escape from a tyrannical government. Then they turned into a tyrannical government (worse than the one they fought to escape).
So...
In 1725, many centuries after the invention of the printing press and more than a century after the publication of the first newspaper, the New York Gazette is started in New York. Much to everyone's surprise, it prints news. News from as far afield as Massachusetts: Boston, Lexington, and Concord, where the "American Revolution" took place.
That's how the ancient technology of the printing press freed America.
Long before that magical date, freedom fighters freed the land from the plague that is the pesky Injun -- by violence, chicanery, ghettoisation & germ warfare, amounting in what today would be termed
genocide.
Once in power, they worked the newly-freed land of liberty with virtually free slave labor
Hurrah for freedomz
496.
Post 14376832 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Long before that magical date, freedom fighters freed the land from the plague of pesky Injuns -- by violence, chicanery, ghettoisation & germ warfare, amounting in what today would be termed
genocide.
Once in power, they worked the newly-freed land of liberty with virtually free slave labor
Hurrah for freedomz
Freedom fighters?
You mean the Spanish and British governments?
Spanish governments never had much play in US; British government was clearly overstretched for meaningful control of the American colonies.
Genocide & slave labor only picked up steam once My Land of the Free got freed from unjust Brits, and the new, better & totally righteous US government took the reigns
@Divitiae miserae: Nope.
497.
Post 14379208 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
As long as I'm not gagged, couldn't care less who runs a forum. Like worrying about who runs the internet, or who makes the paper I write on.
owait, you probably do.
498.
Post 14380734 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
... I think that in the question/answer period of the following video ... (at 1 hour 38 minutes) ...
You'll enjoy this period of the following video
https://youtu.be/NFR-ADakI-c?t=8735
499.
Post 14381613 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
... I think that in the question/answer period of the following video ... (at 1 hour 38 minutes) ...
You'll enjoy this period of the following video
https://youtu.be/NFR-ADakI-c?t=8735What does that linked video have to do with anything?
bargain bin comments hold little value.
altho SOMEtimes you find a note worthy comment at little cost ( few words ) from the bargain bin.
Thankless philistines...
500.
Post 14381663 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
... stuffing it where it hurts the banksters the most
Is it in yet? You gotta tell me, so I can make convincing agony sounds.
501.
Post 14382567 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
I attack scammers when I see them , whether here or elsewhere .
I don't associate with forums run by scammers and don't pretend to be cordial to individuals who have committed large scams on here either.
Because Thermos totally did pay $2.5 million US of the money donated to this forum to a legitimate company called Slickage for our excellent new forum software, which we've been using since last year
502.
Post 14392251 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Bitcoin_Meetup -- A Recollection
God knows how many there were—there must have been thousands. To see the stream of them in that faint, intermittent lightning was shocking. When they had thinned out enough to be glimpsed as separate organisms, I saw that they were dwarfed, deformed hairy devils or apes—monstrous and diabolic caricatures of the monkey tribe. They were so hideously silent; there was hardly a squeal when one of the last stragglers turned with the skill of long practice to make a meal in accustomed fashion on a weaker companion. Others snapped up what it left and ate with slavering relish. Then, in spite of my daze of fright and disgust, my morbid curiosity triumphed; and as the last of the monstrosities oozed up alone from that nether world of unknown nightmare, I drew my automatic pistol and shot it under cover of the thunder.
503.
Post 14393036 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
While we're chatin' 'bout memes, fun fact:
"German Klimenko, Russian President Putin’s newly appointed counselor and advisor on the internet has now called
[uᴉoɔʇᴉq] an Internet meme that went viral."
"We must pay tribute to those who came up with “uᴉoɔʇᴉq” and coined the term “cryptocurrency”, [which has gone on to become] a viral internet meme."
-=
https://www.cryptocoinsnews.com/russias-presidential-advisor-dismisses-bitcoin-fiction/
Yup, you "invested" in a meme
504.
Post 14393623 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
thats the stupidest thing i ever heard.
Hmm... President Putin’s counselor and advisor on the internet, German Klimenko, or a Canadian uᴉoɔʇᴉq monomaniac calling himself adamstgBit...
Who to believe?
505.
Post 14393932 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
President Putin’s counselor and advisor on the internet, German Klimenko, or a Canadian uᴉoɔʇᴉq monomaniac calling himself adamstgBit...
Who to believe?
I'll take the Canadian over the Russian any day.
The smartest Russian, Vitalik Buterin grew up and was educated in Canada. Coincidence?
Mind you, he was smart enough to take his (and other people's) money to Switzerland.
Klimenko? He's just toadying up to KGB boy.
>smartest Russian
>brought up & schooled in Canada
Tragical waste of a mind
506.
Post 14394044 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
President Putin’s counselor and advisor on the internet, German Klimenko, or a Canadian uᴉoɔʇᴉq monomaniac calling himself adamstgBit...
Who to believe?
I'll take the Canadian over the Russian any day.
The smartest Russian, Vitalik Buterin grew up and was educated in Canada. Coincidence?
Mind you, he was smart enough to take his (and other people's) money to Switzerland.
Klimenko? He's just toadying up to KGB boy.
>smartest Russian
>brought up & schooled in Canada
Tragical waste of a mind
i was brought up on the internet
IRC is my old neighbourhood
MSN is where i grew up
until i moved to facebook
i didnt like there people we so.... meh.
and then i found uᴉoɔʇᴉq.
>i was brought up in a cardboard box on IRC
>an older kid turned me on to uᴉoɔʇᴉq
>At 12yo, began selling my
ass goods and services on DNM to support intravenous gambling habit.
I hear some overcome and recover, don't give up brah!
jk, you never had a chance
507.
Post 14394319 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Yeh... not pretty. Have you considered going on ETH maintenance?
Or maybe taper/wean yourself off the stuff by mining (AKA "Chinese cure")?
508.
Post 14397653 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
... I really didn't want to get into a little nationalistic sandbox dispute with a member of our number one trading partner, but you started it. First blood.
Anyway, I'm done with this nonsense. Goodnight.
... stop bragging about how smart you are for stealing from us because we have more guns than you and we're getting pretty fed up.
509.
Post 14398989 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Anyone following MP/#bitcoin-assets drama? Shrews in a fishbowl...
510.
Post 14400345 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Anyone following MP/#bitcoin-assets drama? Shrews in a fishbowl...
What's going on?
Just like Bitcoin is time-compressed, HO-scale model of IRL money, #bitcoin-assets is time-compressed Bitcoin in a
teacup petri dish.
The drama that takes years to play out in Bitcoin (devs rage-quitting, "the Great Schism," etc., etc.) takes weeks to play out there (Mircea rage-quits; BFF/WoT wars; people getting kicked (& B&); passion & grandiosity; unironic likening of MP to God/Pope; talk of "dying for an idea," etc.).
All set off with that 0-fee tx that "bankrupted" BitBet.
Antifragile.
511.
Post 14408487 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
No. Evolution has stopped in humans.
Onoes, disheartening! Are we sure it was ever a thing?
It basically stopped with regards to potential intelligence before we left Africa. ...
A human mind is limitless, has infinite potential; it can believe anything!
512.
Post 14408531 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
No. Evolution has stopped in humans.
Onoes, disheartening! Are we sure it was ever a thing?
Just wondering what it was that "has stopped in humans." And why.
BTW, the Pope is illegitimate.
~Luke-jr
P.S. Appears this thread's getting purged
513.
Post 14408734 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
No. Evolution has stopped in humans.
Onoes, disheartening! Are we sure it was ever a thing?
Just wondering what it was that "has stopped in humans." And why.
BTW, the Pope is illegitimate.
~Luke-jr
P.S. Appears this thread's getting purged
Genetic material doesn't decide if you get to live and breed.
Natural selection is not a thing in modern human society.
Genetic material doesn't decide if you get to live and breed? But ...it did once? What changed?
Are you saying that intelligence plays no part in securing a mate, while ...back in Africa, it did?
That "natural selection" means getting mauled by lions & tigers but not, say, "investing" in Bitcoin & dying with a bottle of Mad Dog behind Walgreen's dumpster?
So many questions...
I guess my point is "potential intelligence" is like Libertarian's "value" (as in "Bitcoin is a store of
value") -- only meaningful until you try to define it.
514.
Post 14409007 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
No. Evolution has stopped in humans.
Onoes, disheartening! Are we sure it was ever a thing?
Just wondering what it was that "has stopped in humans." And why.
BTW, the Pope is illegitimate.
~Luke-jr
P.S. Appears this thread's getting purged
Genetic material doesn't decide if you get to live and breed.
Natural selection is not a thing in modern human society.
Genetic material doesn't decide if you get to live and breed? But ...it did once? What changed?
Are you saying that intelligence plays no part in securing a mate, while ...back in Africa, it did?
That "natural selection" means getting mauled by lions & tigers but not, say, "investing" in Bitcoin & dying with a bottle of Mad Dog behind Walgreen's dumpster?
So many questions...
I guess my point is "potential intelligence" is like Libertarian's "value" (as in "Bitcoin is a store of
value") -- only meaningful until you try to define it.
Stop quoting other one's text....NOOB. Every idiot can copy/paste text and try to be smart, Lambie is a freaking NOOB....like always.
>quotes the whole thread
515.
Post 14409721 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
I guess my point is "potential intelligence" is like Libertarian's "value" (as in "Bitcoin is a store of value") -- only meaningful until you try to define it.
By "potential intelligence" I simply mean the range of intelligence available within the group. It doesn't seem to differ between human racial groups, but it differs a lot when you compare a human to an orangutan. All humans (except maybe small-blockers) will register in a completely different range than the orangutan.
"Potential intelligence" = "range of intelligence available within the group" is a poor definition of "potential intelligence," for several reasons.
1. The word "potential" implies ...well, potential, as in "possibility of becoming something." Your definition appears to evaluate the
actual intelligence within the group.
2. "Intelligence" is left undefined. Before we can go on to evaluate X ("range of [X] available within the group", or even "potential [X]"), we must know what it is that we are evaluating. (
arguments of why IQ tests are ethnocentric/anthrocentric go here)
But let's get ahead of ourselves and, without defining what "potential intelligence" is, figure out how "all groups have identical potential intelligence" proposition could be proven/disproved. Since can't a priori, have to resort to messy empiricism & do this:
I doubt we did, because just no.
I guess my point is "races are equal" is just the B-side of eugenics.
516.
Post 14410811 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
... I didn't mean to upset you.
UPSET ME?!!
Go home to your mother! Doesn't she ever watch you?
Tell her this isn't some communist daycare center! Tell your mother I hate her!
Tell your mother I hate you!
517.
Post 14411270 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
^^So which shitty race r u? (You'll never be as smart as a Jew
)
518.
Post 14413589 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
... the intermarriage rates between Caucasians and Africans is so miniscule, that integration is clearly a failure ...
Your slutty children have been raped, repeatedly, long before old enough to marry. Because sluts.
Only a decadent infidel may marry your fallen Western slut-women!
519.
Post 14414600 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Yup.
This is why women were never allowed in the political process for thousands of years. Each one in the picture is basically just a large, naive child, but women never actually grow out of this. They could be 16 or 30, it doesn't matter. You may as well allow 10 year olds to vote and witness the devastation that occurs afterwards.
The girls can't help it, refugee D too girthy, too massive, too strong
https://youtu.be/oqz6Y9aHGIQ
520.
Post 14415312 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Yup.
This is why women were never allowed in the political process for thousands of years. Each one in the picture is basically just a large, naive child, but women never actually grow out of this. They could be 16 or 30, it doesn't matter. You may as well allow 10 year olds to vote and witness the devastation that occurs afterwards.
That is right. Only in the so called democracies. That´s their plan.
You try to bring them up right, instill some decency, wholesome values...
521.
Post 14422830 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
According to bitcoinwisdom, 0 volume across all exchanges.
Crypto's ded
Aarrgghhh!!!1
522.
Post 14426342 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Bears gonne get TRAINED!
openbazaar pump 3..2..1....
Br !alone; !worried.
Dat volume...
523.
Post 14431972 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
smells like lift-off
Are we sure it's ...safe?
~time passes~
ImI, are you really
really sure?
Getting a little stuffy in here...
524.
Post 14435185 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
Take it out for a test run Lamby my old friend, what's the worst that could happen?
CCMF?
 | In the shuffling madness
Of the locomotive breath
Runs the all-time loser
Headlong to his death
He feels the piston scraping
Steam breaking on his brow
Mark Karpeles stole the handle
And the train it won't stop going
No way to slow down
Moooooo no!
It hurts it hurts it hurt ouch no!
Ouch ouch ouch ouch ouch ouch ouch NO!
Moo ouch ouch No!
Mooo!
|
525.
Post 14442737 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
^^
Fiat Child: Where's Daddy? What's he doing?
Fiat Fairy: He is guarding our home, son.
Fiat Fairy: There has been a war, and this land is lost.
Fiat Child: Why can't we fight and win, Mommy?
Fiat Fairy: Because they have weapons and technology [also Assburgers --ed.]. We just have love.
526.
Post 14443701 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
London seems to be way more open to cryptos and Bitcoin.
While NY state stifles
progress and innovation infestation [...]
^BitLicense^
527.
Post 14443982 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Welcome to debt slavery!
528.
Post 14446505 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
Thanks for your smartass contribution, Bargainbin.
Would we label this post as a forum of desperate trolling, when you attempt to describe the beneficial (and likely even the bullish) offerings of one small company as a kind of negative?
I would categorize this proposed BitPagos service as innovative, and we will witness the extent to which some companies are going to make money off of these kinds of services and potentially reaching segments of the currently underserved populations who may not be able to easily get small loans from traditional institutions.
Interesting times ahead.
Well, let's see... Bitcoin, the "be your own bank" currency, created to eliminated the usurious middlemen and escape the spiral of debt slavery ...creates a new bankster class, who go on to rope in new users by offering them credit. But not free credit, like legacy CC, oh no... loans with [no doubt usurious] interest.
"This, indeed, is despair." --Soren Kierkegaard
529.
Post 14448035 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
"This, indeed, is despair." --Soren Kierkegaard
O.k. "usurious middlemen." I'm not sure how you arrived at that conclusion.
Every Bitcoin loan ever: Bitcoin Forum > Economy > Marketplace > Lending. Shameless, greedy fucks exploiting their fellow
degenerate gamblers bitcoin enthusiasts.
The sort of shit that brought about usury laws in the
civilized legacy finance world
It seems to me that Western Union can be a bit usurious,
Western Union doesn't lend money.
but even some of these mainstream institutions have been offering some more competitive rates based on some of the low to no fees of bitcoin remittances, surely bitcoin has barely made a dent in the payment remittance market.
Your insanity is making you type annoying nonsense again.
Either that, or you don't understand the difference between lending money and sending money. WTF is wrong with you?
Furthermore, sometimes, the first innovations may be more usurious than others until more and more competition evolves. If people have bitcoin options, they can compare those to their other options and decide whether or not to use the service. If it is the best rate that they can get, then it could potentially be usurious, no? Is that what you are saying?
I'm saying "Bitcoin, the "be your own bank" currency, created to eliminated the usurious middlemen and escape the spiral of debt slavery ...creates a new bankster class, who go on to rope in new users by offering them credit. But not free credit, like legacy CC, oh no... loans with [no doubt usurious] interest."
Which part do you not get?
P.S. Almost forgot:
530.
Post 14448261 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Openbaazar, is here, lightning network has a date, halvining is getting closer...wheres the bulls?...
Where they always are
531.
Post 14448548 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
My response here will largely focus on your last two sentences, because your earlier responses appear to be technical avoidances in the form of quasi-non-sensical ad hominem attacks.
*nonsensical
Dear idiot:
Ad hominem reasoning is often quite appropriate:
"Ad hominem reasoning is not always fallacious, for example, when it relates to the credibility of statements of fact or when used in certain kinds of moral and practical reasoning.[3]" --wikip
But when a buffoon such as yourself is called a buffoon, it is not ad hominem reasoning, simply a statement of fact.
But not free credit, like legacy CC, oh no...
I would like to inform you that legacy CC is not free. Surely, costs are spread out in various kinds of ways, but in essence cause costs upon merchants that are inevitably going to get built into consumer prices.
Since your "innovative service" doesn't offer any discounts -- merely ropes in more marks into using Bitcoin with its usurious bitcoin loans (Psst, Kid! The first one's free!), its usurious interest rates are doubly usurious due to being charged *on top of the hidden costs already a part of the legacy finance (CC).
There's a special circle in hell for that sort of thing
loans with [no doubt usurious] interest.
This statement goes to show that you are guessing, and you do not know any details. < snip >
Of course I'm guessing, it's called an educated guess. I'll repeat:
"Every Bitcoin loan ever: Bitcoin Forum > Economy > Marketplace > Lending. Shameless, greedy fucks exploiting their fellow
degenerate gamblers bitcoin enthusiasts.
The sort of shit that brought about usury laws in the
civilized legacy finance world
"
If you would like to argue that the rates are not going to be usurious (this innovative Bitcoin lending service is going to be completely unlike the rest of innovative Bitcoin lending services, which is to say "won't rape people up the butt"), you're making an extraordinary claim, and, as such, the burden of proof is yours
Your way of attempting to belittle me ...
Untreue. Simply showing you that you're clueless.
532.
Post 14448678 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Any idea how long ago this was introduced into google? I just stumbled upon it while checking some currency ratios:
It has a price chart (not very detailed but anyway) and realtime conversion to other currencies.... nice.
~2 years ago.
http://www.cnet.com/news/google-adds-bitcoin-to-its-currency-conversion/ (July 16, 2014)
533.
Post 14448811 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
>Nothing wrong with calling an idiot an idiot based on evidence
Good. You're an idiot. Worse: an annoying idiot. Evidence: everything you ever posted ever. Ever ever ever. Arrg!
P.S. Almost forgot:
534.
Post 14449496 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
^Google "Sergei Mavrodi" & "MMM Global Republic of Bitcoin." Laff.
535.
Post 14458755 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
... the entire purpose of a currency is to become a monopoly, a consensus mechanism for exchange. The less of a monopoly it has, the less useful it is. ...
Bitcoin: ~99.9999999% short of monopoly.
Calculated (theoretical) Usefulness: Useless.
Actual Usefulness: Scientists working with CERN’s Large Hadron Collider, a 17-mile subterranean loop that smashes particles at nearly the speed of light, are yet to confirm a single instance of "Bitcoin Usefulness Event."
536.
Post 14459883 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Calculated (theoretical) Usefulness: Useless.
How much can I get paid to join your Zionist banker shill spam campaign. I think me and the Jews have lots in common:
[img ]http://i.imgur.com/1jEZzrA.jpg[/img]
Oy gavalt! Another race traitor goy trying to sell out
We covetous Jews don't want no meeskait scurrying household pests, lol.
Sugar & baking soda on you and your family.
537.
Post 14462261 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Anyone else enjoying this unexpectedly awesome rally?
Beetcoin is the best investment ever!
538.
Post 14462401 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Anyone else enjoying this unexpectedly awesome rally?
Beetcoin is the best investment ever!
The shekel is taking a beating. Time to diversify into some Bitcorn or Altcorn?
Dumb goy don't know we print & control all the fiat
@murcus_idioticus: CCMF?
539.
Post 14462568 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Onoes! The Bitcoin combine is chasing us! It has a 2 mile turning radius and max speed of 5mph!!1 Like being chased by an ill-handling, underpowered Jr.High School, whatever will we do?!
540.
Post 14462626 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Onoes! The Bitcoin combine is chasing us! It has a 2 mile turning radius and max speed of 5mph!!1 Like being chased by an ill-handling, underpowered Jr.High School, whatever will we do?!
first they ignore you, then they
ridicule you *Laugh at you, bubbelah,
laugh at you. Can't even get your quotes right
Back on topic tho. isn't this rally the most awesome thing evah?
541.
Post 14462690 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
!!Run for your life, dumb little bull cow!!
542.
Post 14467744 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Fun read:
http://www.poynter.org/2016/u-s-newspapers-to-ad-blocker-drop-dead/405513/ (Brave = "bitcoin-enabled browser")
“You are hereby notified that Brave’s plan to replace our clients’ paid advertising content with its own advertising violates the law … Your plan to use our content to sell your advertising is indistinguishable from a plan to steal our content to publish on your own website.” --
http://www.naa.org/~/media/NAACorp/Public%20Files/PublicPolicy/LegalAffairs/Brave%20Cease%20and%20Desist%20Final%20copy.pdf
543.
Post 14470131 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
544.
Post 14470871 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
and then its choo choo MF right up into the $600 range for summertime
Did anyone already post this? Regardless, always appropriate. CCMF!
545.
Post 14471395 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
It is a funny read. They're essentially saying you're not allowed to even view their websites in plain text and they should have corporate control of your browser's capabilities. That's not how the internet works.
By "corporate" you mean that Brave douche, the one who wants to strip content provider's adds & replaces them with his own? To make himself some more filthy fiat?
Also: What have you done with my baking soda & how is it you're still alive, cockroach?
546.
Post 14471894 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Wouldn't be surprised if this evolves into some type of strange war where websites try and create some new type of image standard where they imbed their context (text) and advertisements (pictures) into the same format so they can't be segregated and nothing concerning plaintext view will work either. You of course lose targeted ads, but those aren't required for the websites to stay in profit.
Sure, anything from shitty CSS tricks to simply converting text (with ads) to image. Was even tried in early aughts, really annoying, no one likes that.
Media (advertising) companies tried suing Adblockplus, lost. Even though ABP business model is pretty shady (yeah, they make money. By "whitelisting" ads, "pay us & your ads won't get blocked.").
Stripping adds out & replacing them with your own tho...
That said, I'm all over ABP (& AB before that, and HOSTS file before that). Because no scruples. Shut it off on sites that I like.
547.
Post 14472066 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Shut it off on sites that I like.
Like this one?
This one has local ads only, served up by Thermos & "signature campaign" spammers -- not something ABP bothers with (tho Thermos claims it's his diabolically clever css codingz
).
These add that.. je ne sais quoi, chintzy seediness to the place, brazen ugliness that makes bitcointalk what it is: irresistible.
548.
Post 14473902 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Don't worry everyone, you still got me...
549.
Post 14478242 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
End of an era.
Wall Observer thread falls off the first page; MMM Republic of Bitcoin folds
https://www.reddit.com/r/Bitcoin/comments/4dz1h7/bitcoin_mmm_ponzi_shuts_down/I'd like to remind everyone that in these trying times, I am with you.
I won't abandon you, Gentlemen.
550.
Post 14479675 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
... Segwit will likely be deployed later this month or early may. ...
That's longhand for "In Two Weeks
TM," correct?
551.
Post 14484171 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Crypto ...well, not ded, but nasty PVS & DNR order signed on blogchain.
Let it go with dignity...
lol, jk. Majikal unicorns r not real; no 1 2 swoop down & rescue U.
552.
Post 14484228 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
... it proves that obama strategies are failures on all fronts. ...
553.
Post 14484244 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
^^Fiendishly clever, Lambchop. Now no one will ever suspect you're you!
554.
Post 14484350 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
... they are throwing out BS links fooling all the braindead fluoride braincoated tards who can't see through bullshiat...
And aluminium. Don't forget aluminium! Years and years of aluminium cookware and drinking beer from aluminium cans... they all have Oldtimers and Assburgers before they're weaned off Nannystate's teat, and goobermint brainwash factories (the so-called "schools") are powerless, alumafloride unsolvable ... insolvable? ...unsulutable... One day my mind was full to bursting. The next day - nothing. Swept away. But I'll show them.
Ever been to Utah? Ra-di-a-tion. Yes, indeed. You hear the most outrageous lies about it. Half-baked gobeldy-gook do-gooders telling everybody it's bad for you. Pernicious nonsense. Everybody could stand a hundred chest X-rays a year. They ought to have them, too.
555.
Post 14489290 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Pump ....
Sideways...
...
In $$$, sure. Amazing rallyage in ethers tho!
Ethereum (ETH) $8.11 (
-16.05 %)
556.
Post 14489559 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Pump ....
Sideways...
...
In $$$, sure. Amazing rallyage in ethers tho!
Ethereum (ETH) $8.11 (
-16.05 %)
I do believe this is the BTC/USD price tracking thread.
Oy vey. Try to put a positive spin on this slo-mo train wreck, and still he kvetches!
557.
Post 14490317 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
>economic incentives
558.
Post 14493230 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Eth scam unraveling. Goldman Sachs and a few unfortunate noobs who I warned this would happen left holding the bag.
FUD! ETH wales shakin' out them weak hands & secretly accumulating. Remember when BTC took a dive into the $3s after being up in the $7s?
Yeah, some panic-sodl, but pros got all over that buying opportunity & stockpiled.
They're x100 wealthier now. Those who sodl? In mental asylums, on suicide watch
Brothers and sisters, the time has come for each and every one of you to decide
Whether you are gonna be the problem, or whether you are gonna be the solution.
You must choose, brothers, you must choose.
It takes 5 seconds, 5 seconds of decision.
Five seconds to realize that it's time to move.
It's time to get down with it.
Brothers, it's time to testify and I want to know,
Are you ready to testify?
Are you ready?
Hodl!!!!1
559.
Post 14495122 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
* yefi prods Bitcoin with a stick
Looks like you are going to need a bigger stick, or give it some more time to wake up...
My stick's pretty big, just ask Lambie. Guess I'll just have to be patient.
It's true, big as a log! Yefi carries the thing around like it's her cub or a baby, have no idea what she thinks it is.
A bit creepy if you ask me, but you know, bitcoin.
I try not to judge
560.
Post 14499297 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
Hello everybody dudes
Are you ready for the pump?
561.
Post 14501878 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
You sure it's the same one? It's the most common space-themed jungle gym (google image search "playground rocket").
562.
Post 14502166 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
I'm 100% sure, you can trust me because I'm from the internet.
You still have no money?
No honest sound money, no. Just filthy gubermint scrip toilet paper. The sort they print out of thin air to fund wars and khrymez with
Commencing countdown, engines on?
563.
Post 14502623 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
I'm 100% sure, you can trust me because I'm from the internet.
You still have no money?
No honest sound money, no. Just filthy gubermint scrip toilet paper. The sort they print out of thin air to fund wars and khrymez with
No internet funbux? Ahw, you sound no fun.
Do you ever have fun on the internet? Porn doesn't count, cartoons neither.
Sure. Isn't this fun?
What sort of fun were you thinking?
564.
Post 14502808 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
investing in a ponzi called crypto-currency. Then embrace said ponzi as a religion.
And end up like this?
565.
Post 14502974 (copy this link) (by bargainbin) (scraped on 2020-04-04_Sat_14.48h):
...
investing in a ponzi called crypto-currency. Then embrace said ponzi as a religion.
And end up like this?
this is me
say "cheese"
<== Me.
