All posts made by ahpku in Bitcointalk.org's Wall Observer thread
1.
Post 12746302 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.28h):
A fake pump is a fake pump. No growth expected with small blocks.
Last I checked this is still being looked at by devs on a weekly basis, with another summit coming up in December. Every single one of them agrees on bigger blocks, now it's just a matter of which proposal gets implemented. It will happen. Why so glum?
A classic
https://en.wikipedia.org/wiki/Buridan's_ass scenario.
'there will always be some starting conditions under which the ass will starve to death'-Leslie Lamport
And we're dealing with bitcoin-caliber asses here -- starvation assured!
2.
Post 12759207 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.28h):
...
You claim to care about minorities. The smallest minority is the individual. Care about him.
I do. And I want that individual to be protected by a welfare state which has complete monopoly of violence and works according to the rule of law.
You do realize that you're no longer arguing with an American fireman, but with a Russian-born children's books writer, from whom his independent ideas are borrowed verbatim.
Think of this as having a political discussion with someone passionately quoting
Babar the Elephant or
Go, Dog. Go!
3.
Post 12894659 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.32h):
Humiliated and financially ruined, bulls descend into madness. More at 11.
RIP everyone
4.
Post 13013293 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.34h):
This will bring some panic... I guess this could test 300$ today.
For the first-mover advantage on panic, Your only news source -- consistently ahead of the pack!
https://bitcointalk.org/index.php?topic=1191177.msg13007537#msg13007537
5.
Post 13267134 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.38h):
... Some say the price will go up, some say it will go down. All I'm sure of is something will happen to Bitcoin's price after the announcement.
This is exactly the kind of incisive market analysis I come here for.
6.
Post 13505967 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.40h):
[...]
Anyway, we need more people who actually code stuff that reduce the kbytes used per block, improve network transmission speeds, reduce cpu cycles needed for processing etc,
Not sure if serious.gif
and do that while maintaining the integrity of the system. Not people tinkering with an existing variable that has known tradeoffs if you set it lower or higher.
Because 1MB was not arrived at arbitrarily, but through exhaustive research and testing?
7.
Post 13561015 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.40h):
Well looks like stock market may be in for a tumble today... lets see if that spills over to a price rise in Bitcoin ,,, today??? maybe? Sometimes?
Everything's gonna be fine, satoshi has a secret weapon.
P.S. None of this has anything to do with people trying to make Bitcoin: A Peer-to-Peer Electronic Cash System useless as currency.
8.
Post 13561667 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.40h):
[...]
That's the great thing about Bitcoin. You don't have to trust a person. If you don't like the idea, that's your problem.
Caveat: Must be a top-notch crypto expert fluent in C & willing to pore over code & spend free time on bitcointalk/r/b***
9.
Post 13562114 (copy this link) (by ahpku) (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"? Not at all. See: Cryptsy; Havelock.
O% fiat. 100% scam
Oh, and some butthurt douche just nuked my account. Because that's how we make problems disappear here, in Bitcoinia.
Sure, banning accounts when new ones take < 20 secs to make isn't very effective, and just pisses people off, but hey...
To be fair, this is a private forum, so the moderators are like a private police force.
Only with neckbeards.
10.
Post 13765509 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.43h):
Been brewing for awhile...
Bitstamp Bans Access from Russia "Temporarily""Russian users of popular Bitcoin exchange Bitstamp are struggling to gain access to their trading accounts, due to the company’s decision to temporarily [Hahahahaha -ed] block access from all Russian IP addresses. According to the database of FSSCIM, as of January 18, 2016, Bitstamp is granted full access and there are no pending attempts to restrict access to the site." “To ensure compliance with the new regulatory regime, protect affiliate service providers, and most importantly – protect our valued customers in Russia – Bitstamp has decided to temporarily block access to its website from Russian IP addresses until we can assess the situation with more clarity.”
It begun!Russian Bear Fed Up With Bitcoin BullshitRussia's Ministry of Finance has developed a new version of its proposed law that would seek to both outlaw and apply criminal penalties for activities involving digital currencies, according to a report by Russian news source Interfax.
Citing sources from within the Russian government, Interfax reports that acquiring, selling and distributing cryptocurrencies would be punishable with fines of 300,000 rubles ($4,574) or through up to 360 hours of correctional labor under the new bill.
Should such infractions be committed by an agency or group, the fines for such activities would increase to 500,000 rubles ($7,623).
11.
Post 13765524 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.43h):
...
The only scaling problem Bitcoin has is in intelligent people as 99% of the people joining Bitcoin in the last year is mentally retarded. ...
They'd pretty much have to be, no?
12.
Post 13796201 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.43h):
where's dev
Are we on fork?
Maybe I will have to measure more preciselyin the future to see how long it is taking in actuality- [...]
Or stop making shit up. That works too
13.
Post 13799058 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.43h):
... You know that guy that did famously well out of bitcoin, made him wealthy, got him out of a failed marriage and landed a cushy gig advising mega-banks ...
And all you got is this lousy T-shirt?
Feel u, brah.
14.
Post 13804785 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.43h):
... "kludge" Thats a meaningless self-serving propaganda term invented By Gavin The Fudster and friends. What makes it a kludge? Gavin said so? It cleans up the structure and fixes many problems like malleability. ...
Kludge. Perfect fit. Also amazing ignorance on your part.
quick-and-dirty solution that is clumsy, inelegant, inefficient, difficult to extend and hard to maintain.
None of those are true re segwit, what makes it a kludge?
Its just a meaningless propaganda term?
It's clumsy (overcomplex and inelegant) and irreplicable (you can't segwit your segwit, "difficult to extend") -- sooner or later blocksize cap will need to be raised.
So fixing a prior kludge (1MB max_block_size) with *another, goldbergian one* is the epitome of kludginess. The all-pro rule of code maintenance is *making previous kludges unnecessary, not adding another layer of kludges to give the previous kludge a new leas on life.*
15.
Post 13804952 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.43h):
... "kludge" Thats a meaningless self-serving propaganda term invented By Gavin The Fudster and friends. What makes it a kludge? Gavin said so? It cleans up the structure and fixes many problems like malleability. ...
Kludge. Perfect fit. Also amazing ignorance on your part.
quick-and-dirty solution that is clumsy, inelegant, inefficient, difficult to extend and hard to maintain.
None of those are true re segwit, what makes it a kludge?
Its just a meaningless propaganda term?
It's clumsy (overcomplex and inelegant), and unreplicable (you can't segwit your segwit, " difficult to extend"), sooner or later blocksize cap will need to be raised.
So fixing a prior kludge (1MB max_block_size) with *another, goldbergian one* is the epitome of kludginess. The all-pro rule of code maintenance is *making previous kludges unnecessary, not adding another layer of kludges to give the previous kludge a new leas on life.*
What is overly-complex or inelegant about it? The current structure of transactions with the signature being part of it but malleable is inelegant and causes many problems. Segwit is an elegant solution to that.
It also allows elegant scaling solutions to be developed down the road.
As opposed to the inefficient hard-fork kludge that can not be extended as it comes at price of making huge nodes, huge block-chains decentralisation etc.
See boldface above. Seriously, think about it.
16.
Post 13805007 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.43h):
...
I hoped to find out a reason for the $6 price increase in this thread, and I hoped people would be discussing it. ...
Life is flux, belmonty, nothing stays the same... A lot of people don't realize what's really going on. They view life as a bunch of unconnected incidents and things. They don't realize that there's this, like, lattice of coincidence that lays on top of everything. Give you an example, show you what I mean: suppose you're thinkin' about a plate of shrimp. Suddenly someone'll say, like, "plate," or "shrimp," or "plate of shrimp" out of the blue, no explanation. No point in lookin' for one, either. It's all part of a cosmic unconsciousness.
17.
Post 13849170 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.43h):
Ahh... Teh Bitcoin Consensurizing Mechanism,
working like it should.
Good... good...
18.
Post 13849481 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.43h):
ETH has already 2600 nodes (growth is 60%/last month)
Don't worry, Major Institutional Investors Are Waiting In The Wings, ready to
move their families into this war-torn piss-soaked gang-rape projects invest in Bitcoin.
As for myself,
I can't leave her car in this bad area. ... Right now we need to get both of my cars out of this bad area, allright?
19.
Post 14006906 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.45h):
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...
just remember who pays your shilling wages ... we get the final say if our stolen money was well spent, however much you might like to blow it on spying and manipulating the public, we will get our dues, either by courts or hang-ropes
they are in their final acts of desperation with the 'negative interest rates' is federal reserve ammo and 'cashless society' is for anti-terrorism anti-laundering .. the reason they have to steal money is because they are a cheesy bankrupt govy that has no intelligence to figure out a better way .. because they are so far in debt and bankrupt after years of "trusting in god" for the federal reserve to manipulate everything is the reason why they have to steal from All of US. i have the same attitude, if they dont like the color of the sun they can GTFO ... people should be piling into gold and silver while it is manipulated lower by a govy that has no other choice but who are running out of physical metals to keep their game going as their 'interest to infinity' debt slavery system continues to FAIL. .......and..their #abusivehightaxes are playing a major role in why the economy was unable to get out of recession after all that QE and we are slowing down again as people cant make their car payments and car repos start to soar ... we are watching their 'interest to infinity' debt slavery system implode even as their shill turds talk trash to us about how they are justify their #abusivehightaxes as rent we owe them .
BRB, raising your taxes to buy polo ponies for inner-city gay welfare moms.
20.
Post 14007231 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.45h):
I need ideas
what kind of indicators would be useful to you for bitcoin trading from the shill drama?
shill post vs total posts on the board?
doing a kind of shill posting analyzing tool
^Would be a fine addition to my Eliot Harmonic Resonance Integrator & Stand-Alone Technical Analyzer.
How much?
21.
Post 14007454 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.45h):
^Would be a fine addition to my Eliot Harmonic Resonance Integrator & Stand-Alone Technical Analyzer.
How much?
What how much ? I have absolutely no idea what to implement so you pay me ...
That's great! Cryptoanalitic instrumentation is a rewarding, fast-paced field of paradigm-shifting innovation.
How much?
22.
Post 14084291 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.46h):
Monero (+12%), Ethereum (+21%) and maidsafe consistently eating the cap cake.
Seem something could be changing in the ecosystem, stay tuned, biches
Lightning Network
23.
Post 14086767 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.46h):
No love for Night Mare
24.
Post 14089870 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.46h):
... you need to break you mind free of the Classic groupthink newspeak rhetoric, there are no "planners" just developers providing code that the nodes choose (or not) to run. Attempts at vilification through framing the debate and/or agenda via language (spin) is a sure sign that you are the subject of an attempt to manipulate your opinions and influence your previously independent thought processes.
Fun fact: mad cow disease "causes a spongy degeneration of the brain," literally eats holes in your brain. Now, the thing that eats those holes isn't bacteria or even a virus. It's... now get this: a protein that, for some disgusting reason, folds all weird and wrong, like Ice 9 in Cat's Cradle.
A
prion, they call it. Not even alive, so no killing it, either. "Resistant to ionizing radiation," can you imagine?
Now, reading what you've just posted there... How long have you been hanging out with mad cows and/or JayJuanGee? And try telling truth for once, the thing's got an asymptomatic "incubation period of months to years," and a bunch of other peculiarities, so I'll know if you're lying. Right away. So don't bother trying.
"I saw the worst minds of my generation destroyed by mad cow disease, starving hysterical naked" -brainyquote.com
25.
Post 14090074 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.46h):
... hmm let me just a put a thumb up my arse and pull another BS innumerate non-argument out.
You never asked for permission before... Progress
26.
Post 14092855 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.46h):
So now its finally safe to decrease block size & increase racial diversity desegregation decentralization?
>creating a transaction fee event
In crypto space?
27.
Post 14093601 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.46h):
It could also be a pretentious conflict by third parties (banks, government agencies etc) who prefer division in the btc world.
>pretentious conflict
Baffling word combination is baffling.
28.
Post 14093829 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.46h):
^^Besides, over in Saurian Aryan's Crypto Kingdom there's much jubilation and rejoicing! +(24.90 %)
29.
Post 14099528 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.46h):
Every day above $380 is a great day.
Lowered Expectations
~ time passes ~
30.
Post 14103446 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
...
I'm not worried. Just pointing out the obvious pattern:
"Oh I can't tolerate BTC that has a fee market, it's unacceptable if fees go up, the solution to spam can't be to make txs more expensive" ...
Not sure where you're getting this. Most are fine with having a "fee market." It's creating demand by imposing production quotas (1MB cap) that most don't want.
31.
Post 14103806 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
Cconvert2G36, disregard. When I'm wrong I'm wrong.
A reply of yours, quoted below, was deleted by a Bitcoin Forum moderator. Posts are most frequently deleted because they are off-topic, though they can also be deleted for other reasons. In the future, please avoid posting things that need to be deleted.
The mods are counting words. Fewer than X words = spam. If you wish for your post to be considered !spam, add moar words.
32.
Post 14103921 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
...
I'm not worried. Just pointing out the obvious pattern:
"Oh I can't tolerate BTC that has a fee market, it's unacceptable if fees go up, the solution to spam can't be to make txs more expensive" ...
Not sure where you're getting this. Most are fine with having a "fee market." It's creating demand by imposing production quotas (1MB cap) that most don't want.
Criticism varies.
"Ohhh my tx didn't go in with 1c", "bitcoin is unreliable because fees fluctuate", "I don't want a fee market because it excludes the poor", "3tx/s are too little", "fuck the 1mb central planners" etc etc.
You might be missing the point.
It's not that the fees are high, but that they'd have to be ~$6.00 per tx, at current exchange rate and current block size limit, for Bitcoin to stop relying on subsidies (block reward). $6 per transaction, with BTC exchange rate @ $400, is too damn high.
And if Core is so eager for the fees market to develop, WTF are they working on Segwit (which will, purportedly, increase the number of tx per solved block)?
Will miners start excluding "spam" transactions once segwit is implemented? If so, why?
33.
Post 14104067 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
...
I'm not worried. Just pointing out the obvious pattern:
"Oh I can't tolerate BTC that has a fee market, it's unacceptable if fees go up, the solution to spam can't be to make txs more expensive" ...
Not sure where you're getting this. Most are fine with having a "fee market." It's creating demand by imposing production quotas (1MB cap) that most don't want.
Criticism varies.
"Ohhh my tx didn't go in with 1c", "bitcoin is unreliable because fees fluctuate", "I don't want a fee market because it excludes the poor", "3tx/s are too little", "fuck the 1mb central planners" etc etc.
You might be missing the point.
It's not that the fees are high, but that they'd have to be ~$6.00 per tx, at current exchange rate and current block size limit, for Bitcoin to stop relying on subsidies (block reward). $6 per transaction, with BTC exchange rate @ $400, is too damn high.
To replace subsidy you'd need 100MB blocks, assuming that there is 100x demand, and that the quality of this demand is on par with our current top-tier urgent txs that are paying 0.06$ per tx.
The problem is that 100MB blocks don't work. And it's not "Core's fault". And it's not like Gavin Andersen or Classic can make them work either. This type of size will eventually work as software and hardware technology evolves.
You might have accidentally missed the emboldened bit, so I'll repost:
... And if Core is so eager for the fees market to develop, WTF are they working on Segwit (which will, purportedly, increase the number of tx per solved block)?
Will miners start excluding "spam" transactions once segwit is implemented? If so, why?
>To replace subsidy you'd need 100MB blocks
And Core is addressing this ...how?
>The problem is that 100MB blocks don't work.
They wouldn't work today. By the time Bitcoin's block rewards have ended, it should be trivial. No?
34.
Post 14104122 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
Look, the whole complaint about the spam thing is retarded.
Satoshi didn't get the memo that he is retarded for contemplating the flood/spam/dust attack vectors. We should give him the "retard of the century" award.
If Satoshi has intended the 1MB limit to be permanent, he still wouldn't deserve the "retard of the century" award.
But, of course, he never did. Observe:
It can be phased in, like:
if (blocknumber > 115000)
maxblocksize = largerlimit
It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete.
When we're near the cutoff block number, I can put an alert to old versions to make sure they know they have to upgrade.
So satoshi clearly doesn't deserve the "retard of the century" award.
Smallblockers, OTOH, do.
35.
Post 14104170 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
Will miners start excluding "spam" transactions once segwit is implemented? If so, why?[/b]
It's up to them.
As for Segwit, Segwit solves the old issue of tx mal. *and* also gives a capacity upg to those who want it.
Then why advertise it as a scaling solution, if scaling itself is a bad thing, due to not being instrumental to fee market developing?
Shouldn't they come up with some block-bloating code, to compensate for the nasty scaling side effect?
36.
Post 14104227 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
Look, the whole complaint about the spam thing is retarded.
Satoshi didn't get the memo that he is retarded for contemplating the flood/spam/dust attack vectors. We should give him the "retard of the century" award.
If Satoshi has intended the 1MB limit to be permanent, he still wouldn't deserve the "retard of the century" award.
But, of course, he never did. Observe:
It can be phased in, like:
if (blocknumber > 115000)
maxblocksize = largerlimit
It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete.
When we're near the cutoff block number, I can put an alert to old versions to make sure they know they have to upgrade.
So satoshi clearly doesn't deserve the "retard of the century" award.
Smallblockers, OTOH, do.
I'm trying to understand who exactly is a "smallblocker"?
Core's short-term plan is 1.7mb (segwit) and Classic is 2mb. The difference being ~300kb.
There is no official or alternative development that stays at 1mb.
You are trying to simultaneously argue that
1. We must allow fees market to develop by limiting the number of tx possible.
2. Core's "incidental" blocksize increase with segwit, and plans for increasing the blocksize limit (hard fork in 2017), are a good thing.
These seem to be mutually exclusive.
All I ask for is for is intrinsic consistency
37.
Post 14104535 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
Then why advertise it as a scaling solution, if scaling itself is a bad thing, due to not being instrumental to fee market developing?
Shouldn't they come up with some block-bloating code, to compensate for the nasty scaling side effect?
What you are attacking are the irrationalities of those who attack core devs, not the official position of core devs.
Core has a scaling roadmap to make bitcoin scale far beyond what is capable with block increases. Who told you that they consider scaling a bad thing or that a fee market is their first priority?
I'm not talking to Core devs now, I'm talking to
you -- a Core supporter who claims that blocksize shouldn't be increased, because fees market.
If you're going to argue that more tx per solved block is not merely unnecessary but detrimental, because fees market, please be consistent and criticize Core for planning to raise the block size limit.
All I'm asking of you is to stop contradicting yourself, thereby failing at the most basic, the logical, level.
With fees at 0.00$ to 0.05$, being ~1% of the block reward, there is no meaningful fee market to discuss about.
Then don't.
<>
Because the issues here are not technical. They have the facade of technical disagreements but at their root, they are a way to undermine confidence and promote a governance coup.
If you feel the issues aren't technical, no point discussing technical issues, is there? Let's don our tinfoil hats and get back to what we do best: talking about the world conspiring to get us
Edit:
>Miners could be mining empty blocks and it wouldn't affect their pocket negatively. That's how insignificant it is.
Oddly enough, they aren't mining mostly empty blocks now.
Why do you suppose that is?
How would segwit encourage them to mine full blocks?
How would 2MB blocksize limit discourage them from mining full blocks?
Again, what point are you trying to make/defend by introducing the fees market & the fact that miners can mine empty blocks?
38.
Post 14104650 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
I'm not talking to Core devs now, I'm talking to you -- a Core supporter who claims that blocksize shouldn't be increased, because fees market.
I don't run things, so my opinion is irrelevant.
Should have opened with that, limiting me to a single, terse reply:
Then why post?
P.S. Personally, I'd be fine with 8c min tx fees & 2MB blocks now. But neither Classic nor Core is offering that, so...
39.
Post 14104754 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
I'm not talking to Core devs now, I'm talking to you -- a Core supporter who claims that blocksize shouldn't be increased, because fees market.
I don't run things, so my opinion is irrelevant.
Should have opened with that, limiting me to a single, terse reply:
Then why post?
You asked me *my* opinion and I wrote it.
I asked you to logically reconcile the arguments you've used to support Core, the ones that are mutually exclusive.
That is, if you accept the law of universal noncontradiction, which is the very fundament of classical logic.
I have never asked you for your opinions -- those you've offered unprompted.
40.
Post 14104893 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
I'm not talking to Core devs now, I'm talking to you -- a Core supporter who claims that blocksize shouldn't be increased, because fees market.
I don't run things, so my opinion is irrelevant.
Should have opened with that, limiting me to a single, terse reply:
Then why post?
You asked me *my* opinion and I wrote it.
I asked you to logically reconcile the arguments you've used to support Core, the ones that are mutually exclusive.
That is, if you accept the law of universal noncontradiction, which is the very fundament of classical logic.
I have never asked you for your opinions -- those you've offered unprompted.
There is nothing contradictory. You start with the hypothesis that I don't want blocks increased or that I am a core supporter.
Because you have consistently defended Core & attacked Classic, going as far as to suggest that Classic is an attack on Bitcoin,
"Because the issues here are not technical. They have the facade of technical disagreements but at their root, they are a way to undermine confidence and promote a governance coup."But I guess you're not a core supporter, pushing for 8c fees & 2MB blocks instead. Surprised you didn't lead with that.
P.S. Considering what you wish to see happen, I suggest you consider Classic. While Classic is not imposing a minimal tx fee, it's offering to raise the blocksize limit to 2MB. 1 out of 2 ain't bad.
Core, OTOH, is neither willing to give you 2MB (not 'til '17, and then maybe), nor the 8c min tx fee
41.
Post 14105165 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
Down and down she goes, where she stops, nobody knows
42.
Post 14105544 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
My guess is that we'll be back on $410 soon enough.
...
if price keeps dropping miners will switch to 2MB very soon
It's a paradox: If the price keeps dropping (the big exodus), there'll be no point in mining 2MB blocks
43.
Post 14105833 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
I think what will bite multiple asses is that the folks at the tiller really seem to have a giant blind spot regarding the fact there are hundreds of thousands of other humans involved.
Said other humans are greedy, fearful, sometimes easily led and not all that rational.
They're like a herd of slightly dim cud chewers prone to fright then flight.
...
Bulls that exist reasonably well together in winter become competitive when there are cows to breed. Len McIrvin, who runs horned Herefords near the Canadian border at Laurier, Wash., raises some purebred bulls for his operation and turns out 130 bulls on range. He says he sees a few broken legs. Most of the injuries, however, are stifled bulls and bulls with broken penises.
"We try to use younger, lighter bulls on heifers," McIrvin says. "This reduces the risk of broken penises. You get more injuries with bigger, heavier bulls trying to breed heifers."
--
Cattle Today Online"And I said to myself
Holy fuck that's gotta hurt!"--Killdozer
44.
Post 14107611 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
What was it Gavin said about young Skywalker? Poisonous what what?
Am I the only one who constantly misreads KYC as KFC?
Because I hate KFC, disgusting.
45.
Post 14107679 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
And some are like "ohh something needs to get done"....Then roll it out
this crap has been plaguing BTC for a while now.... and nothing seems to stick in the minds of the powers to be
One of the criticisms is that SegWit has a lot of new and untested code. So if you rush it out you get
"oh no this must not be used, it's unsafe". Plus you are labeled irresponsible.
If you test it out thoroughly (as you should), you are attacked for "
dragging the issue unnecessarily, just get on with it and release it".
So whatever they do, they'll get flamed. It doesn't change anything.
So let me get this straight: You think it's fine for Core to pretend there is no problem & sit on their asses for close to a year, then come up with the most complex & convoluted solution for the simplest frickin problem, and, because their solution is so complicated, it's OK to not have it ready on time?
Perhaps they'd like to solve the tx issue with trinary logic/quantum computers? 'Coz then it would be perfectly reasonable for them to take 10 years.
46.
Post 14107904 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
...
By the way, the Sun really orbits the Earth, not vice-versa.
...
Geeeez!!! I can't believe I invested money in this shit!!! GOD DAMN!!!!
Defensible idiocy, because
Geocentric
Orrery.
Wind up; grab by the Earth to make geocentric.
It's all, like, relative, brah.
47.
Post 14109757 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
but you can always fork off and play with eth dapps derps.
ETH: Price > 10x in 2 months
BTC: Keeps tanking, predictably
Man, you must feel AWFUL
And if you even decided to invest in Ethereum, you can hope to see tears once the whales start dumping their coins and dropping the price back down to where it's supposed to be, and feeling bad about not sticking with bitcoin.
Bad as the tears around here, when BTC started tanking at $1,200?
Man, would'a cried my eyes out, myself, because such not P&D
Yes in retrospect we recognize $1200 as an inflated highpoint... but hardly a pump and dump to take nearly a year to force the price down to below $200 with considerable amounts of capital used in order to achieve such objective.
Actually, there was considerable amounts of capital used in both directions (the pump and the dump of bitcoin)... We will see whether Ether can do another 10X... after the latest 10x... and that would surely be impressive if it were capable of such (which seems very low likelihood). Bitcoin seems to be in a much better position for a 10X (at this time) as compared with Ether doing another 10x at its current price point.
Another 10x?! You mean "and blow Bitcoin right out of the water"?
You do understand that 10x * 10x is 100x, correct? Making ETH market cap higher than BTC by, roughly, a third?
The improbability of
this sort of thing is something many Bitcoin enthusiasts fail to grasp
Lowered Expectations~ time passes ~
~ time passes ~
Yep, third month of 2016, no $500
Next Coindesk poll:
50% of Bitcoin Experts Believe Bitcoin Will Be Worth Over $275 by 2017Prob'ly miss that by a shitload, per usual.
48.
Post 14109846 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
...
Amstrong had another similar blog the day of the round table.
...
Round Table Original or Round Table Classic?
49.
Post 14110134 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
^
>Regarding polls, surely they can reflect various kinds of public sentiment.
Why don't you click your mouse on the pictures and find out for yourself? Yes, they're links to Coindesk polls.
And sure, Bitcoin enthusiasts are a little overexuberant when it comes to their coin of choice, and a little feeble when it comes to maths. hence the poll results.
50.
Post 14110169 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
Oh look another buy opt coming up!
i'm hitting buy Buy BUY!!!!! at 395
Bitcoin is designed to disappoint the greatest number the most -- a job it does with mathematical precision and cybernetical diligence.
Tears and snot for the many algorithmically assured.
51.
Post 14115307 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
Bitcoin looking healthy again.
Yes, and blocks are still maxxed out.
This pleases Legacy Finance.
52.
Post 14119637 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
50 minutes since last block sucks if you are waiting for a transaction
hodlers still not affected tho
...
The Awakening Conscience by William Holman Hunt
53.
Post 14119918 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
...
You put way too much effort into that stuff. It's kinda creepy.
0 skill, <5 mins, ~8 frames, no drawing (other then "you"), the coin already saved as .png from previous masterpieces (like below).
Just click through frame-by-frame and drag things around with mouse
@adam: Your waifus are trash. Get on my level
P.S. How's your vacation going, landlord? Started yet?
54.
Post 14124442 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
...
So?!... My point is: giving more space to spammers doesn't solve anything and just gives spammers incentives to spam more. What is your point?
>giving more space to spammers doesn't solve anything
Sure it does. If 20 people legitimately need to get to work by bus, and your bus is a BMW Isetta, people aren't going to get to work. Simple as that.
>gives spammers incentives to spam more
No. That's stupid.
Currently, riding around, maliciously and, otherwise, aimlessly, on the Isatta bus costs $0.03. How would making the bus bigger (20 seats) be an incentive to ride aimlessly? wouldn't the little shit have to spend $0.03 x 19 to accomplish what $0.03 did on the Isetta bus?
55.
Post 14124519 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
...
But let us find out. How do you define spam, and why should anyone take that definition seriously?
No need to define spam, stop with your sleazy sophistry, comrade.
Any decent Core Citizen knows spam when he sees it. Like pornography, Communism, and perversion.
56.
Post 14124553 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
Who are those "interdependent individual"?... Most of the "independent individuals around the world" want free money. But if ever they get what they want that won't be money anymore!
OMG! Freeloaders! Under my skin! Scurrying around, pooping on me! Halp!
Criminally insane use the interweb? No wonder.
57.
Post 14124634 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
...
Now I might be dumb, but it means current network can't handle 300 000 users daily. So now explain me how network can scale?
I'll field this one. Core has a multipronged approach to scaling. The first step is SegWit, which will effectively quintuple the blocksize.
As if that wasn't enough, having SegWit in place allows for the implementation of Lightning Network, with virtually unlimited number of
prepaid transactions
as long as said transactions are between the same two people!
58.
Post 14124770 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
But let us find out. How do you define spam, and why should anyone take that definition seriously?
My definition of spam is when someone doesn't transact because they want to make an economic transaction, but rather to do something else, like filling blocks with crap or bloating the blockchain.
Alex, have you ever written any code? It's a wonderful thing to try, even if you never plan to do it for fun or profit. It's, in a way of speaking, explaining complex things to a machine, a machine which, though capable of being quick and consistent, doesn't know its ass from its elbow without you telling it, procedurally, how to do it. Step by step.
This will prepare you for future interhuman interactions, like the one I'm having with you.
Bitcoin is not sentient, it makes no value judgements beyond truth values of variable, so telling Bitcoin "spam is the stuff we don't want, get rid of it" will only result in "Brrp! bleep bloop X=42."
Please tell me you understand, and that I don't need to resort to lower, register-level explanations.
59.
Post 14124945 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
But let us find out. How do you define spam, and why should anyone take that definition seriously?
My definition of spam is when someone doesn't transact because they want to make an economic transaction, but rather to do something else, like filling blocks with crap or bloating the blockchain.
Alex, have you ever written any code? It's a wonderful thing to try, even if you never plan to do it for fun or profit. It's, in a way of speaking, explaining complex things to a machine, a machine which, though capable of being quick and consistent, doesn't know its ass from its elbow without you telling it, procedurally, how to do it. Step by step.
This will prepare you for future interhuman interactions, like the one I'm having with you.
Bitcoin is not sentient, it makes no value judgements beyond truth values of variable, so telling Bitcoin "spam is the stuff we don't want, get rid of it" will only result in "Brrp! bleep bloop X=42."
Please tell me you understand, and that I don't need to resort to lower, register-level explanations.Because there is a lower level? xD
Anyway it's easy to considerate spam. We could pu a low minimum fee. Say anything under 0.0001 btc fee is spam. Seems good no? It means it would cost people more money to spam.
I don't have a problem with introducing minimal fees, and no problem with defining spam as "any tx with less than X sat/kb." I'm good with that, though neither Classic or Core have this option on the table.
Can you guess why?
Once we define spam, we have a starting point, we can discuss why/why not the definition is acceptable to us & likely consequences of filtering those tx. Instead of being stuck in this lockgroove.
60.
Post 14125057 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
But let us find out. How do you define spam, and why should anyone take that definition seriously?
My definition of spam is when someone doesn't transact because they want to make an economic transaction, but rather to do something else, like filling blocks with crap or bloating the blockchain.
Alex, have you ever written any code?
...
Please tell me you understand, and that I don't need to resort to lower, register-level explanations.
Yes, I have. Starting with zx spectrum basic in the 80s and leading to assembly on PCs in the 90s.
However trying to understand the intent by code is unnecessary.
What does that mean? Before you can codify, before you can start coding, *you must have a clear understanding what it is that you wish your code to do,* hence my X=42 ("Answer to the Ultimate Question of Life, the Universe, and Everything", calculated by Deep Thought over a period of 7.5 million years.)
Your definition of spam is, effectively "things that I believe are useless and/or malicious." Unless you're thinking of doing a mind meld with Bitcoin, it's not a useful definition. It doesn't meet the "necessary and sufficient" criteria. It's not even enlightening.
It's nothing
61.
Post 14125280 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
But let us find out. How do you define spam, and why should anyone take that definition seriously?
My definition of spam is when someone doesn't transact because they want to make an economic transaction, but rather to do something else, like filling blocks with crap or bloating the blockchain.
Alex, have you ever written any code? It's a wonderful thing to try, even if you never plan to do it for fun or profit. It's, in a way of speaking, explaining complex things to a machine, a machine which, though capable of being quick and consistent, doesn't know its ass from its elbow without you telling it, procedurally, how to do it. Step by step.
This will prepare you for future interhuman interactions, like the one I'm having with you.
Bitcoin is not sentient, it makes no value judgements beyond truth values of variable, so telling Bitcoin "spam is the stuff we don't want, get rid of it" will only result in "Brrp! bleep bloop X=42."
Please tell me you understand, and that I don't need to resort to lower, register-level explanations.Because there is a lower level? xD
Anyway it's easy to considerate spam. We could pu a low minimum fee. Say anything under 0.0001 btc fee is spam. Seems good no? It means it would cost people more money to spam.
I don't have a problem with introducing minimal fees, and no problem with defining spam as "any tx with less than X sat/kb." I'm good with that, though neither Classic or Core have this option on the table.
Can you guess why?
Once we define spam, we have a starting point, we can discuss why/why not the definition is acceptable to us & likely consequences of filtering those tx. Instead of being stuck in this lockgroove.
So you're implying bot Classic and Core have interest in letting the users stuck in their shit?
Because that seems rather obvious to me that the answer to spam attack is to decrete spam anything lower than X btc fee. It'll make every miners include as many txs as possible and will clear the mempool quickly.
I'm implying that introducing mandatory fees is seen by many as heresy, a striation cult at best.
"I know that, whatsoever Satoshi doeth, it shall be for ever: nothing can be put to it, nor any thing taken from it" (the previous min. fee were merely 'suggestions,' not part of the protocol).
The *need* to introduce nontrivial minimal fees highlights the flaws of presuming a naturally-developing fee market.If free market doesn't lead to fee market, and we need to change the protocol, the sacred writings of our Prophet are wrong. And if wrong once...
But about fees & spam: Miners, according to "rational self-interest" argument, are sufficiently incentivized by "thou shalt not shit where thee sleepeth" commandment. They should not debase bitcoin by bloating the blockchain, thus devaluing their rewards. Caveat: They sell BTC for USD -- their wealth is not in BTC, so that's why.
So pushing for min fees brings attention to some serious shit, so not to be done.
62.
Post 14125472 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
Sorry, missed this:
What does ["However trying to understand the intent by code is unnecessary."] mean?
It means you only need to work with economic disincentives for those who are serious in transacting versus script kiddies.
One man making one-five-ten transactions with, say, a 0.08$ fee won't go "bust" by paying these low fees.
There you go again
I agree with you that bad things are bad. Is your definition of spam "tx X is spam if X contains < 0.08$ tx fee?" That's just an example of a useful definition, what one might look like, because, sometimes, examples help.
Edit: So let's go with the < 8c definition, for giggles.
What would you like to see happen? Change in the protocol, so nodes running it would shitcan all tx < 0.08$ tx fee?
What do you think is preventing Core from implementing 8c min tx fee?
1. Lazy?
2. Haven't thought of it?
3. ? ? ?
Is it in the miners' rational self-interest to include < 0.08$ transactions now?
1. If not, why?
1a. how would raising the blocksize limit change this?
1b. how would lowering the blocksize limit change this?
2. What incentivized miners to include zero-fee tx in the past?
2a. What changed?
63.
Post 14125729 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
But about fees & spam: Miners, according to "rational self-interest" argument, are sufficiently incentivized by "thou shalt not shit where thee sleepeth" commandment. They should not debase bitcoin by bloating the blockchain, thus devaluing their rewards. Caveat: They sell BTC for USD -- their wealth is not in BTC, so that's why.
So pushing for min fees brings attention to some serious shit, so not to be done.
STFU and FORK IT. Miners will follow you if you're right.
Also, sorry about being such a bitter douche all the time. I just really crave the D. Without one in my mouth balls-deep, I get real testy.
Well, that's exactly what Classic is doing.
And don't mention it, we cool. I figured it was somthin' like that
64.
Post 14126153 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
Sorry, missed this:
What does ["However trying to understand the intent by code is unnecessary."] mean?
It means you only need to work with economic disincentives for those who are serious in transacting versus script kiddies.
One man making one-five-ten transactions with, say, a 0.08$ fee won't go "bust" by paying these low fees.
There you go again
I agree with you that bad things are bad. Is your definition of spam "tx X is spam if X contains < 0.08$ tx fee?" That's just an example of a useful definition, what one might look like, because, sometimes, examples help.
The number is an example. You can only code it in satoshi/byte, so what is currently 0.08$ will be 0.25$ by the time we are back at the ATH of 1200+$. That will still be below PayPal / CCs and probably in line with "top of the microtransaction range". Of course, that's just my number, another one might say 1$, another one might say 0.1$ - who cares. Opinions are like a$$holes and everyone has one... right?
Again, I'm not objecting to any definition, not asking for it to be "objectively great," merely one to use as a starting point.
...
Edit: So let's go with the < 8c definition, for giggles.
What would you like to see happen? Change in the protocol, so nodes running it would shitcan all tx < 0.08$ tx fee?
What do you think is preventing Core from implementing 8c min tx fee?
1. Lazy?
2. Haven't thought of it?
3. ? ? ?
Is it in the miners' rational self-interest to include < 0.08$ transactions now?
1. If not, why?
1a. how would raising the blocksize limit change this?
1b. how would lowering the blocksize limit change this?
2. What incentivized miners to include zero-fee tx in the past?
2a. What changed?
What counts is the intent of transacting.
Again, Bitcoin can't know the intent behind transactions, so intent should not enter into the discussion unless you propose to have each tx be approved/denied by an ethics committee.
Intent could be, and is codified into h00man law, but that's why h00man law is not overseen cybernetically. It's very nuanced and involves h00man judges & h00man juries, and is very time-consuming. That's why my ATM doesn't deny me my $400 @ 2am & swallow my card, while its little speaker chides me, in old-lady voice, "I just know you're gonna buy dope with that money, you filthy degenerate. You always do, I know your type. Why would a decent human need cash at 2 am? You tell me, shitstick, and no more excuses -- I already called the cops."
Guessing intent is just too much for current AI, tho that ATM does have somewhat of a point, won't lie.
65.
Post 14126218 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
^^^
Lowered Expectations~ time passes ~
~ time passes ~
Yep, third month of 2016, no $500
Next Coindesk poll:
46% of Bitcoin Experts Believe Bitcoin Will Be Worth Over $275 by 2017Prob'ly miss that by a shitload, per usual.
66.
Post 14127017 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
Fun Quiz:Which of the photos below were not taken at the most recent Satoshi's Round Table summit?
1.
2.
3.
4.
Wrong. Only #4. The rest really happened.
Proof:
https://medium.com/@brucefenton/the-roundtable-roundup-c2becd024c2f#.208qh1dsr
67.
Post 14130160 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
...
Yes, I agree that we need 5-10 USD of security per tx if not higher. ...
"I understood at last the look in his eyes. He was insane."--Brainyquotes.com
>during an attack
Which cost less than what an average suburban bank branch spends on lollipops for the kiddies.
Such Antifragile!
68.
Post 14130724 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
check out the definition of the word Coup
OED good?
coup, n
1.1 A blow, stroke; the shock of a blow, engagement, or combat; = cope n.2 Obs.
2.2 A fall, upset, overturn. Sc.
You linked to Coup d'état which is more specific and not something I mentioned.
Nakamoto consensus remains and the immutable blockchain has remained resilient against multiple political coups.
Yeah, that's coup d'etat. Now you know.
69.
Post 14130785 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
... Processing every tx on the chain is futile and won't get us anywhere.
Other than the fact that no one is suggesting to have every transaction on-chain, would that be as futile as your solar/micro hydro solo mining farm?
Or ...not quite?
70.
Post 14130885 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
So since I'm also not developing a payment channel, you automatically assume I'm hoping to have every transaction on-chain?
I'm starting to believe in your solar solo mine -- can almost picture you solarizing your way to sovereign prosperity.
71.
Post 14130922 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
...
here a crazy thought.
when the time comes that miners feel the need for higher fee they will simply not include TX below a minimal fee
No. The miners are Chinese, they don't understand rational self-interest like we do, we must bear the white man's burden & govern them. Sternly but fairly. Once they're reeducated, free fee market could be introduced. Gradually.
72.
Post 14148641 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
...
That's more like it. Stupid pumpkins.
The letter P & the word "pumpkin" are naturally funny. You can pretty much pun on the P alone. <==or pseudo-pun, like this.
So "pumpkin patch poisoner" is, like, a gift from God.
Or, according to
http://www.inc.com/joseph-gulfo/5-most-important-p-words-for-success.html
...and 6 Ps for 8 years in jail
73.
Post 14148769 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
you're being disingenuous... avg block size phhhh, your an asshole or an idiot, take your pick..
74.
Post 14149552 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
...
If they don't => mempool bloat (much better and controlled situation compared to blockchain bloat).
Yup. Not getting your tx included ain't the end of the world. Your coin comes back to you in 72 hrs, so you can try again. Or use a sidechain/off-chain payment solution, like Visa or PayPal
75.
Post 14149705 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
Can you believe how many chumps we roped in with false advertising?
...
76.
Post 14149808 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
Accepting them is indeed free and without fees. Technically speaking, and as far as merchants are concerned (no receiving fees + no chargebacks), it isn't wrong.
Paypal charges you 0.35 + 2-3% for receiving payments.
The trusty "2 out of three ain't bad" & "there are worse ways to get raped" combo.
Chances of success 100%.
*as long as I forget that my filthy fiat transactions cost me exactly nothing, as long as I use my high-techy "bovine leather" wallet & newfangled money called cash.
77.
Post 14149940 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
Accepting them is indeed free and without fees. Technically speaking, and as far as merchants are concerned (no receiving fees + no chargebacks), it isn't wrong.
Paypal charges you 0.35 + 2-3% for receiving payments.
The trusty "2 out of three ain't bad" & "there are worse ways to get raped" combo.
Chances of success 100%.
I could say the same for paypal, only it's far worse.
If PayPal
lied about having no fees, you'd have an great point. As it stands ...say what?
Around 3 out 4 times, I've clicked "withdraw" to my bank, they had to do a "routine check" that would unfortunately delay my funds for at least 1 working day. Oooops. Do you feel lucky clicking "withdraw"? You never know what you gonna get. And the problem is not whether you'll be included in one or two or three 10minute blocks, but entire days to get your money.
I don't use PayPal. Neither should you, since you clearly don't like it. Stop bitching & vote with your feet.
I use a CC. It lets me buy shit instantly, with money I don't even give them 'til a month later = free loan.
Oh, and they do let me charge back, if some righteous bro sends me a brick instead of the laptop I paid for
78.
Post 14150069 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
...
unlike fiat, there is NO "illusion" that needs to take place.
Other than the one about 1/21millionth of nothing being worth money, because ...well, there's only 21 million of it, you mean?
we'll be fine...
Hehehehe
79.
Post 14150225 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
I don't use PayPal. Neither should you, since you clearly don't like it. Stop bitching & vote with your feet.
I use a CC. It lets me buy shit instantly, with money I don't even give them 'til a month later = free loan.
Oh, and they do let me charge back, if some righteous bro sends me a brick instead of the laptop I paid for
I'm talking about receiving payments. CC's are kind of one-way (you just pay with them, you are not getting paid). Paypal is two-way.
Receiving payments *is* free and practically non-reversible with BTC, post a few confs.
On the other hand, if you are a merchant, you have huge issues with chargebacks, "tickets" (freezing the tx funds), fees etc. All these don't exist with bitcoin. It's in a class of its own.
Are you a merchant? Why in the world do you use PayPal?! Stop. Use bitcoins. Because no chargeback.
The merchants I know personally don't use PayPal. They use Money 2.0, whimsically name "cash."
-No chargebacks.
-No fees, for buyer or seller.
-Instant.
-Requires no fancy hardware, internet connections, or knowledge of scripting languages.
-A child can use it.
-Accepted everywhere, as opposed to just some creepy run-down headshop crosstown, run by a neckbeard.
-Unlike Bitcoin, I don't need to buy it at ridiculously inflated rates from some douche who'll try to rob me.
After raping me behind some "safe" meetup location, i.e. dumpster, that is.
Please understand that internet commerce between individuals is a risky thing, and would be nearly impossible without payment providers to do conflict resolution. That's what you're paying money for. All the time I've dealt with PayPal, I had no problems with chargebacks. Possibly because I don't deal with the same class of people you do.
80.
Post 14150307 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
...
unlike fiat, there is NO "illusion" that needs to take place.
Other than the one about 1/21millionth of nothing being worth money, because ...well, there's only 21 million of it, you mean?
the 21million coin limit is not an illusion.
No. But 1BTC (1/21millionth of nothing) somehow being worth something (possibly due to the limited supply?) is.
81.
Post 14150338 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
The merchants I know personally don't use PayPal. They use Money 2.0, whimsically name "cash."
It works for the local grocery, gas station and hardware store. It doesn't work for e-commerce and buying or selling stuff online.
Well, Bitcoin certainly doesn't work in 99% of the places online either, so there's that. Besides, I either have to buy it online (and pay fees), or buy it behind some dumpster (localbitcoin) and pay a usurious premium.
My CC, OTOH, works just fine online. As does my debit card. As do checks.
Protip: Start using Bitcoin for your online merchanting needs. It's way better than PayPal, so just do it.
Thanks to people like yourself, PayPal is doing great, while Bitcoin? Not so much
82.
Post 14150371 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
*as long as I forget that my filthy fiat transactions cost me exactly nothing, as long as I use my high-techy "bovine leather" wallet & newfangled money called cash.
Try to wire some fiat abroad and come back to tell us how free it was.
Number of times, in my life, I needed to wire fiat abroad: 0.
Try making a pinky ring out of bitcoins, and come back to tell us how that went.
83.
Post 14150392 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
...
my willingness to buy ALL the bitcoin is no illusion!
People were paying stupid money for Beanies, too. Until they weren't.
And just think about it: imagine you bought all the bitcoins. Why in the world would somebody want one? To make you rich?
84.
Post 14150428 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
Try making a pinky ring out of bitcoins, and come back to tell us how that went.
Bitcoin is not suitable for snorting cocaine. Stick with fiat paper.
See? Another thing Bitcoin is useless at. OTOH, if you bought your blow with BTC, not a problem -- 90% chance you got ripped off, so nothing to snort. Or it's baby laxatives, and you're better off not sticking them up your nose.
85.
Post 14150566 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
...
my willingness to buy ALL the bitcoin is no illusion!
People were paying stupid money for Beanies, too. Until they weren't.
And just think about it: imagine you bought all the bitcoins. Why in the world would somebody want one? To make you rich?
they would want one so they could save 50% off starbuck gift card?
Sounds like the sort of folk who'll pay you with PayPal & charge back.
edit: but seriously, you don't want a currency to be concentrated like that -- no incentive for anyone other than yourself to value it/use it.
This is not the case for real money, which will always be needed, if for nothing else other than to pay taxes (or get oppressed updabutt by jackbooted thugs).
86.
Post 14150777 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
Dear Satoshi, why are you mocking us?!
87.
Post 14157239 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
...
It's a Bombardier. They swing both ways. Canadians.
oic. Always thought Bombardier = Can-Am dirtbike. Wrong again. Apparently made trains inspired by Dr. Dolittle
88.
Post 14165790 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
The actual problem is that there are people out there who think they know better what the cap is supposed to be than Satoshi's 1MB.
Such as Satoshi himself, for instance.
It [higher cap] can be phased in, like:
if (blocknumber > 115000)
maxblocksize = largerlimit
But I'll keep spouting gibberish, no matter how often my betters kindly correct me.
That's what makes you you
89.
Post 14166075 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
So the definition of spam is something that is bought cheap?
The point is that it doesn't matter if it's free or paid, if what you pay is near-zero cost. It definitely cannot be a factor of ruling out spam if the fees are too cheap and aren't an adequate deterrent.
And even "adequate deterrent" is wrong, as a term, because a script kiddie might not afford a good spam attack but a deep-pocketed adversary may not be deterred by the costs, because by attacking in this fashion he is getting side-benefits by harming BTC.
Spam is the work of Communists, deep-pocketed Fifth Columnists, Obama, and Saurian saboteurs. It can not be stopped, mainly due to the fact that it can't be defined.
Abandon all hope
90.
Post 14166656 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
Russian demand has been accelarating since 2014, what will those communist leaders do next, give Bitcoiners life sentence...?
Who knows?
"The use of Bitcoin cryptocurrency by drug dealers in Russia has shown a 20-time increase over the past two years, the Federal Drug Control Service (FDCS) said Thursday."
Read more:
http://sputniknews.com/business/20160225/1035349748/bitcoins-drug-dealiers-russia.html#ixzz42bqDL6GD
91.
Post 14175334 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
Onoes! Tell me this isn't happening
92.
Post 14176463 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
93.
Post 14176855 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
lol according to this site there are 0 nodes on the network today 0 core 0 classic 0 node.
OMG NO!
<==ALREADY!!!!1!
94.
Post 14177082 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
BTC is now 77% of the market down from 90%
we are looking at a 13% loss of market share!!!
This is actually good for Bitcoin
95.
Post 14177157 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.47h):
BTC is now 77% of the market down from 90%
we are looking at a 13% loss of market share!!!
This is actually
good accretive for Bitcoin
FTFY
>accretive -> search Google for "accretive."
concretive -> search Google for "concretive" -> "the state of being concreted <concretion of ideas in a hypothesis>" -> become frightened -> cry.
96.
Post 14184671 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.48h):
now that we have know ETH will soon displace bitcoin, who's left to buy the ETH any higher?
As I understand it, ETH is not militantly anti-bank, anti-state, or anti-government.
So my guess would be banks, nations and governments.
And, of course, Russians wishing to invest in disruptive technologies which wouldn't earn them 7 YEARS IN THE GULAG
, Wall st. money currently waiting in the wings, and, of course, those who wish to see GAINS OF 1500% IN JUST TWO MONTHS
97.
Post 14184815 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.48h):
What's the max amount of Ethereums?
.... hang yourself because you had your money stuck in BTC ....
Relax bro, why the anti-Bitcoin rhetoric
We're on the same team
Trading is not a cooperative sport.
And why would I want to relax & not savor this ecstatic moment?
98.
Post 14184867 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.48h):
now that we have know ETH will soon displace bitcoin, who's left to buy the ETH any higher?
As I understand it, ETH is not militantly anti-bank, anti-state, or anti-government.
So my guess would be banks, nations and governments.
And, of course, Russians wishing to invest in disruptive technologies which wouldn't earn them 7 YEARS IN THE GULAG
, Wall st. money currently waiting in the wings, and, of course, those who wish to see and see GAINS OF 1500% IN JUST TWO MONTHS
Good money to be made. Why not give it a try?
...
For roughly the same reasons I don't deal bath salts to preschoolers or sell my ass: I have standards.
99.
Post 14185255 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.48h):
now that we have know ETH will soon displace bitcoin, who's left to buy the ETH any higher?
As I understand it, ETH is not militantly anti-bank, anti-state, or anti-government.
So my guess would be banks, nations and governments.
And, of course, Russians wishing to invest in disruptive technologies which wouldn't earn them 7 YEARS IN THE GULAG
, Wall st. money currently waiting in the wings, and, of course, those who wish to see and see GAINS OF 1500% IN JUST TWO MONTHS
Good money to be made. Why not give it a try?
...
For roughly the same reasons I don't deal bath salts to preschoolers or sell my ass: I have standards.
so your saying your standards are slightly higher than microsoft's standards
you sure it's not your loyalty holding you back?
Did Microsoft buy BTC to buy ETH tokens on some kid's "exchange"?
Or work with/invest in Etherium?
And .... loyalty, Adam? You really do think in those terms, don't you? Actually think there are people out there loyal to fiat money?
You've been brewing up tubs of Kool-Aid too long, clearly without adhering to basic lab safety
100.
Post 14218780 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.48h):
yeah the blocks being full was starting to become obvious and a problem.. they are full 24/7 now .
Obviously adoption is accelerating. How can this be a problem?
Is it easier to disrupt the road system at 3 a.m. or during rush hour? When we are running so close to capacity, we become more vulnerable to intentional and unintentional service disruptions.
No worries. Core and Classic will work things out in the best Libertarian way possible
101.
Post 14219041 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.48h):
yeah the blocks being full was starting to become obvious and a problem.. they are full 24/7 now .
Obviously adoption is accelerating. How can this be a problem?
Is it easier to disrupt the road system at 3 a.m. or during rush hour? When we are running so close to capacity, we become more vulnerable to intentional and unintentional service disruptions.
In bitcoin, there are as many roads, as are people willing to pay different fees. This makes the system impossible to disrupt, unlike a single-road system.
...
Alex, please understand that rational people, given a choice between money that costs money to use & money that doesn't, will chose the latter.
So no more new users; all the crazies are *already* bitcoining their way to vast riches.
102.
Post 14227303 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.48h):
When ETH drops BTC will rise probably
Or not.
Ethereum (ETH) $10.73 (
-20.74 %)
103.
Post 14242189 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.48h):
Yeah, failed the rise yesterday so down we go... well, kindof. We'll see soon how far and when the recovery starts.
$403
Will $400 hold?
104.
Post 14343219 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.48h):
aztecminer we've heard all this shit before, countless times....
you're talking nonsense and you know it.
Yeah but...
Lowered Expectations~ time passes ~
That guy was off by 400 bux, Bitcoin experts off BY MORE THAN $9,500
105.
Post 14421441 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.48h):
And yet there are still those who insist bitcoin enthusiasts are pathologically optimistic...
Lowered Expectations~ time passes ~
106.
Post 14725733 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.49h):
< snipers >
It sounds more "bullish" if you say BTC will go over 10.000$ <snip >
Not to me it doesn't. Such visionary predictions have always proved to be too conservative, if anything
And yet there are still those who insist bitcoin enthusiasts are pathologically optimistic...
Lowered Expectations~ time passes ~
107.
Post 14726217 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.49h):
... Missed today because too busy at work. 16 hrs and I am still here. You guys should try being a slave, you might like it.
Worked 3 days (and two nights) straight through once, no sleep/no dwugz; coffee, cigs and food only
108.
Post 14932212 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.50h):
Ha Finex shorts are up 50% from 9.5k to 14k+ in 3 days. Almost there, getting my torch ready
Of course shorts are up, why would anyone go long on BTC now?
109.
Post 14932539 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.50h):
Ha Finex shorts are up 50% from 9.5k to 14k+ in 3 days. Almost there, getting my torch ready
Of course shorts are up, why would anyone go long on BTC now?
Because BTC was, is, and will always be the reserve currency of crypto world.
Used to be true, in a sense, before exchanges updated to BTC/USD pairs. Now ETH has no need for inefficient legacy bitcoin middlemen
@USB-S: Other than drugs (and, obviously, exchanges), what did you spend BTC on that wouldn't have been much simpler, cheaper & safer to buy with plain old CC?
(This is an honor system question, so no lying)
110.
Post 14932853 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.50h):
@USB-S: Other than drugs (and, obviously, exchanges), what did you spend BTC on that wouldn't have been much simpler, cheaper & safer to buy with plain old CC?
(This is an honor system question, so no lying)
For some reason I am more capable of managing my own money when it's in crypto form. When in fiat I make way too many emotional buys, which I don't really need.<- I used to get myself scammed into altcoins when I joined bitcoin, not once, but like 5 times. I'm a failure inside sometimes.
I've found that investing in a casinos bankroll is a better way to increase my bitcoin holdings. I like betking.io, but I've had more profit with moneypot.
I got my trezor and ledger wallet with bitcoins, a silver round from nasty and bitcoin t-shirts(I bet there are more stuff that I've bough, but forgot). Also drugs, recently got 150pills of armodafinil from clearnet, it's 20% cheaper when ordering with bitcoins. One time my drugs got busted in the customs, but when you go in there with the mentality of show me the transaction where I bough the drugs or you haven't done your research, they won't do anything to you.
I'd love to try purse service in the future as well(maybe get an micro-sd card for raspberry pi core node).
So you bought a bunch of bitcoin things (Trezor, bitcoin t-shirts, and a silver round Nasty) and some overpriced caffeine pills (which got you noticed by customs).
If I told you I bought myself a hundred-dollar credit card holder and some Visa t-shirts & a silver "VisaFans coin" from another CC enthusiast with my CC, would that win you over to real money?
spending isnt the point of bitcoin anyway.
My point exactly. Also isn't the point of ETH, so why even bring it up?
111.
Post 14932918 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.50h):
the package that got seized by customs, was 10grams of MDMA. After that I've stopped ordering from deep markets. All the packages that I ordered before MDMA got to me.(mostly psychedelics) I didn't need the molly anyways, it's a shit drug.
But credit is based on a pull system. When I shit, I usually push.
So customs released X to you after you've given them a credible story? That totally happened
OTOH, maybe, you're Canadian, ay?
112.
Post 14933032 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.50h):
the package that got seized by customs, was 10grams of x. After that I've stopped ordering from deep markets. All the packages that I ordered before x got to me.(mostly psychedelics) I didn't need the x anyways, it's a shit drug.
But credit is based on a pull system. When I shit, I usually push.
So customs released X to you after you've given them a credible story? That totally happened
OTOH, maybe, you're Canadian, ay?
No, they didn't even show me the product. Also most of my story was that I didn't know anything about the package, with a touch of poker face
So TL;DR: You managed to lose money trying to buy shit from DNM, but it's totally cool because you did successfully buy a hundred-dollar CC holder and some other equally cool bitcoin souvenirs? At least when I buy my
BTCeanies, they don't need to buy a $100
BTCeanie holder, an "Kick me, I <3
BTCeancoin" t-shirt, and an overpriced, Chuck E Cheese-grade
BTCeanie silver "round"
Still a better experience than getting into ethereum.
If you prefer to lose money, then I suppose. In the meantime, i'm sure Etherians are crying themselves to sleep, thinking how they accidentally increased their wealth SIXTEENFOLD IN HALF A YEAR
113.
Post 14934066 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.50h):
Isn't everything in life like gambling?
Art, love, eating, shitting, working -- everything's a gamble. An unfortunate way of looking at life, but sure.
At least in bitcoin you can chose to be the one with 1% edge.
Was there ever a sucker who thought he didn't have an edge? Isn't that pretty much the defining quality of a sucker?
Even 1% edge isn't sustainable if the casino makes a run for it. I bet my local bitcoiners know a lot more on growing bitcoins than I do. I'm a dummie on these types of things.
There's money to be made -- mainly creative ways to launder money, but:
1. Just like with any other totally legit enterprise, you have to be hooked up, know the right people, and, most important, you have to really know what you're doing.
2. It's important to get in and get out at the right time. This thing got torched years ago. If you haven't noticed, bitcoin's been passed down to third-worlders now, spamming in pidgin for change they make from sig ads. Bitcoin's as fresh as
Ya homey, have you dug that show, Daddy-o? Dawg my man, it da groovy bomb! Popin' fresh radical, check it, muh nigga!
114.
Post 14934588 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.50h):
Look at this space, most fuckers think they know exactly what they're doing. Talking about really complicated stuff, that they have literally no concept of. I'm qualified as one of these dumb people, at least I'm aware of it.
Sure, most people still dicking around in bitcoin are not very bright. Just like most people still trying to make their fortunes with
BTCeanies aren't very bright. I'd go as far as to say that these people are idiots *because* they're still dorking around with BTC/
BTCeanies. Because falling for trendy overhyped bullshit is bad enough, but persisting after everyone has gone is simply retarded. Or weird.
That's what I meant by "get out at the right time." Not timing the market.
115.
Post 14938123 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.50h):
Look at this space, most fuckers think they know exactly what they're doing. Talking about really complicated stuff, that they have literally no concept of. I'm qualified as one of these dumb people, at least I'm aware of it.
Sure, most people still dicking around in bitcoin are not very bright. Just like most people still trying to make their fortunes with
BTCeanies aren't very bright. I'd go as far as to say that these people are idiots *because* they're still dorking around with BTC/
BTCeanies. Because falling for trendy overhyped bullshit is bad enough, but persisting after everyone has gone is simply retarded. Or weird.
That's what I meant by "get out at the right time." Not timing the market.
When you are in the ongoing process of comparing bitcoin to beanies, most of us should realize that you are a nut job, or at least you have nut job propagandistic thinking, and it appears that you are participating in this thread to "save us from ourselves." Get out of here.
I didn't mean to hurt you
I'm sorry that I made you cry
I didn'tmean to huuuououorrrrrtttt you
[medley]
So [ra ta ta ta]
Houououold on to that feeeeeelin'...
Seriously tho, what is it that makes you think that people amused by your bitcoin antics are agents of some other
BTCeanie cult?
116.
Post 14942737 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.50h):
Shocking! Typical $500 transaction costs $0.04 in fees!! This burden will sink bitcoin.
Typical BTC $0.01 transaction costs $0.04 in fees!!
Typical $500 real money transaction: costs $0.00 in fees!!
Typical ETH transaction: costs $0.00 in fees!!
117.
Post 14942849 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.50h):
Shocking! Typical $500 transaction costs $0.04 in fees!! This burden will sink bitcoin.
Typical BTC $0.01 transaction costs $0.04 in fees!!
Typical $500 real money transaction: costs $0.00 in fees!!
Typical ETH transaction: costs $0.00 in fees!!
Indeed missing value for eth, as you dont know how much you are paying
To be fair, you only know what you're paying in BTC when the prices are given in USD. Which is, pretty much, always
@600watt: Can't we just hug it out, bro?
118.
Post 14943121 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.50h):
Shocking! Typical $500 transaction costs $0.04 in fees!! This burden will sink bitcoin.
Typical BTC $0.01 transaction costs $0.04 in fees!!
Typical $500 real money transaction: costs $0.00 in fees!!
Typical ETH transaction: costs $0.00 in fees!!
Eth isn't really meant for value transfer, but smart contracts and dao and whatever. But eth was born like 5 years before any of this is useful.
Maybe in 5 years time they'll realize how inefficient their whole platform is.
"Inefficient"? Does ETH need to burn as much electricity as a small country to simply *exist*? A bitcoiner talking about efficiency
119.
Post 14943207 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.50h):
Eth shills will cry as their IPO scamtoken collapses.
World's angriest c0ckr0ach
120.
Post 14943483 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.50h):
Shocking! Typical $500 transaction costs $0.04 in fees!! This burden will sink bitcoin.
Typical BTC $0.01 transaction costs $0.04 in fees!!
Typical $500 real money transaction: costs $0.00 in fees!!
Typical ETH transaction: costs $0.00 in fees!!
Eth isn't really meant for value transfer, but smart contracts and dao and whatever. But eth was born like 5 years before any of this is useful.
Maybe in 5 years time they'll realize how inefficient their whole platform is.
"Inefficient"? Does ETH need to burn as much electricity as a small country to simply *exist*? A bitcoiner talking about efficiency
What am I going to do? Knock on every miners door and tell them to shut down their operations, just because creating fungible value with their electricity is wrong?
Also I bet ether network is just as secure as bitcoin network is. I'm glad I know nothing about this bitcoin stuff.
Have I advised you to go knocking on miner's doors? No. Because that would be fucking stupid. Because bicoin is inefficient by design. Satoshi himself said that the cost of mining one BTC should approach the market price of 1 BTC. Imagine if banksters had to buy ~$30 of gear & burn $60 of state-subsidized coal to print a hundred-dollar bill? That's what bitcoin is *designed* to do.
But wait! That's not all!
If, by some twisted trick of fate, bitcoin lives on past teh Halvening, bitcoin "security" will be cut in half, if BTC price doesn't double. Double it will not, because the last time I cared how much miners make or lose, before buying BTC, was never.
TL;DR: You said ETH is inefficient. I pointed out that BTC is the epitome of inefficiency. Knocking on people's doors won't help; stay home and try not to cry
P.S. Stop taking pride in "know[ing] nothing about this bitcoin stuff." Outside of this forum, stupidity is thought a *bad* thing, something to be ashamed of.
>ether lays ontop of bitcoin
Yeah, that sort of stuff. Don't flaunt it.
121.
Post 14943553 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.50h):
The day I start crying is when bitcoin goes supernova. Until that happens, I will be glad to accept any green dildo up my bum.
However tell me a thing that bitcoin can't do that ethereum is so good at?
Make you money, as in increase your wealth sixteen-fold in half a year.
Because I can tell you at least one thing bitcoin can do that ethereum cant.
I can name theree, offhand: Buy child porn; buy overpriced drugs; enable ransomware.
122.
Post 14943661 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.50h):
The day I start crying is when bitcoin goes supernova. Until that happens, I will be glad to accept any green dildo up my bum.
However tell me a thing that bitcoin can't do that ethereum is so good at?
Make you money, as in increase your wealth sixteen-fold in half a year.
Because I can tell you at least one thing bitcoin can do that ethereum cant.
I can name theree, offhand: Buy child porn; buy overpriced drugs; enable ransomware.
So are you the one that is going to guarantee me the sixteen fold profits?
Ether can't even buy child porn, what a joke.
Hell no I'm not gonna guarantee ETH is gonna make you 16-fold profits. Only scumbag bitcoin bagholders give out such "guarantees."
I'd go one step further tho, and say that BTC is just right for you -- with ETH you couldn't continue to lose money on various DNM deals & keep [trying to] satiate your insatiable CP cravings
But if not for that, I'd say try ETH.
123.
Post 14943807 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.50h):
The day I start crying is when bitcoin goes supernova. Until that happens, I will be glad to accept any green dildo up my bum.
However tell me a thing that bitcoin can't do that ethereum is so good at?
Make you money, as in increase your wealth sixteen-fold in half a year.
Because I can tell you at least one thing bitcoin can do that ethereum cant.
I can name theree, offhand: Buy child porn; buy overpriced drugs; enable ransomware.
So are you the one that is going to guarantee me the sixteen fold profits?
Ether can't even buy child porn, what a joke.
Hell no I'm not gonna guarantee ETH is gonna make you 16-fold profits. Only scumbag bitcoin bagholders give out such "guarantees."
I'd go one step further tho, and say that BTC is just right for you -- with ETH you couldn't continue to lose money on various DNM deals & keep [trying to] satiate your insatiable CP cravings
But if not for that, I'd say try ETH.
You are not guaranteeing 16 fold profits, but you are guaranteeing me that I'll make money with eth?
How are do you know that? Every shitcoin promises profits.
I have guaranteed no such thing. If I chose to be painfully frank, I'd point out that, given your deep understandings of crypto and aptitude for finance, you are likely lose money. But that would serve no purpose, so I won't
>I'm looking for sustainable bitcoin investments. Please contact me if you've got one.
As common as sustainable Beanie investments; sry
124.
Post 14943850 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.50h):
^^
Google "ether frolics"
Note: 2 human females
125.
Post 14943907 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.50h):
I've already lost all of my money, by exchanging it to bitcoins(and I continue to do so with every paycheck). So there isn't really any money left to lose. I'm as broke as a person can be. Once I was thrown out of a train for not having enough money for a ticket, €1.20 to be exact.
Isn't this sort of thing almost de rigueur with all cults?
Also my history in finance is none. That means I have no idea what finance even means. I have no papers or experience regarding finance.
...
P.S. Stop taking pride in "know[ing] nothing about this bitcoin stuff." Outside of this forum, stupidity is thought a *bad* thing, something to be ashamed of.
Same goes for finance in general. Ignorance doesn't pay
@r0ach: "backtest" is a nice word. Even better if you used it correctly
126.
Post 14944154 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.50h):
Hahahaha, if true, hilarious!
http://pastebin.com/8a2EdtSV <==supposed to be an email leak
TL;DR: Bruce Fenton trying to become relevant by offering Core fancy-sounding BitcoinFoundation titles if they just play with him
NOTICE ME SENPAI!!
127.
Post 14944669 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.50h):
>ether lays ontop of bitcoin
Yeah, that sort of stuff. Don't flaunt it.
'splain it to us, ahpku, as if we were 5. Why doesn't ether lay on top of bitcoin? Isn't ETH kind of riding on the coattails of bitcoin's security in order to pump, while creating the false impression that ETH is able to sustain itself?
start 'splainin, ahpku. Oh you can't... oh...what a surprise.
Already ELY5 everything here, in these hallowed fora, Friend.
Sadly, some things just can't be ELY3withAssburgers, and, as such, remain beyond your ken.
128.
Post 14944741 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.50h):
In other words,
I seldom give advice, but when I do...
129.
Post 14944864 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.50h):
Do we humans even know what are we doing? I mean we're pretty fucking primitive.
Some do, some don't and some are fucking annoying. I'm still undecided about JJG: 20% chance he's genuinely, organically messed up (which means I'm a heartless dick), 40% chance that he's always-in-character troll (in which case, GG JJG), and 30% chance that he's a genuinely a babbling buffoon he appears to be.
Of course, these aren't mutually exclusive...
P.S. Talking about mental hygiene, look what just scurried in...
130.
Post 14944894 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.50h):
And the other 10%?
Mystery Babylon?
131.
Post 14951775 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.50h):
Hahahaha, if true, hilarious!
http://pastebin.com/8a2EdtSV <==supposed to be an email leak
TL;DR: Bruce Fenton trying to become relevant by offering Core fancy-sounding BitcoinFoundation titles if they just play with him
NOTICE ME SENPAI!!Lol, confirmed
"[–]bruce_fenton [score hidden] 37 minutes ago
This email was a private/ non public email meant for about a dozen of the leading core Devs."
https://www.reddit.com/r/Bitcoin/comments/4kt7uv/leak_bruce_fenton_attempts_to_revive_failed_and/
132.
Post 15000550 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.51h):
Oriental dog does not approve of dishonorable behavior of anti-bitcoin jew shills in Bitcoin speculation thread
Oh, BTW, that's totally not me in the picture. I just posted my selfie by accident that so you'd know what a Jew looks like. Zionist buttcoin infiltrator uses false flagery. It's not very effective. Try again, Jew?
133.
Post 15241813 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.53h):
Cheers, everyone, can you even believe we made +12.49% today?!
Oh... sorry, that's that scamcoin, silly me. We only made 10%.
Sorry, disregard.
134.
Post 15241963 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.53h):
I just came to say WOWOWOW
I still remember NotLambChomp ( or something like that ) posting Willie Coyote gif hitting $380..
LOL
I asked him to make one for $680 but it's too late now
NLC do one for $780 you know strike that, just do one for $1280 that should give you some time
Yeah... take your time lambie..... You probably have a few days or possibly a week to complete it...
hahahahahahaha
Isn't he the guy always talking about that shitcoin that shan't be named? If so, he's doing spectacularly well, up 12.57 % in the last 24 hours, about 1,400% this year alone
135.
Post 15242299 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.53h):
@leetcoiner, you have to sell before you can reup. Did you sell?
136.
Post 15242447 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.53h):
I just came to say WOWOWOW
I still remember NotLambChomp ( or something like that ) posting Willie Coyote gif hitting $380..
LOL
I asked him to make one for $680 but it's too late now
NLC do one for $780 you know strike that, just do one for $1280 that should give you some time
Yeah... take your time lambie..... You probably have a few days or possibly a week to complete it...
hahahahahahaha
Isn't he the guy always talking about that shitcoin that shan't be named? If so, he's doing spectacularly well, up 12.57 % in the last 24 hours, about 1,400% this year alone
Lambie talks all kinds of nonsense, and whatever is the nonsense de jure, he will talk it, just like you ahpku...
*de jour, you fucking illiterate plebe. It's OK when stupid people use short words to say stupid shit, but you reach so high, and fall so hilariously hard.
Buffoon.
137.
Post 15242661 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.53h):
I just came to say WOWOWOW
I still remember NotLambChomp ( or something like that ) posting Willie Coyote gif hitting $380..
LOL
I asked him to make one for $680 but it's too late now
NLC do one for $780 you know strike that, just do one for $1280 that should give you some time
Yeah... take your time lambie..... You probably have a few days or possibly a week to complete it...
hahahahahahaha
Isn't he the guy always talking about that shitcoin that shan't be named? If so, he's doing spectacularly well, up 12.57 % in the last 24 hours, about 1,400% this year alone
Lambie talks all kinds of nonsense, and whatever is the nonsense de jure, he will talk it, just like you ahpku...
*de jour, you fucking illiterate plebe. It's OK when stupid people use short words to say stupid shit, but you reach so high, and fall so hilariously hard.
Buffoon.
* du jour
I guess all those explicatives apply to yourself then?
Shame
on me. What's "explicatives"?
138.
Post 15243822 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.53h):
I don't see a need for an exit strategy before ATH is broken. It's too risky to try to guess the top or risk that's it's actually an ATH rally and if it's not am ATH rally then the drop isn't going to go that low. Now if ATH gets broken and doubles then I can start thinking about a crash trading strategy
When you said you sold @1k, was that on the way up?
139.
Post 15245062 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.53h):
You know something smells wrong when even
Feathercoin is going crazy now
The fallout ain't gonna be pretty.
Also reported for pimping in your shitcoin.
140.
Post 15252833 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.53h):
I speculate that the fallout from those other things that are not going up
will come back to BTC and create support walls.
Speculate and wall was mentioned, does this pass the censorship?Got a pm from a mod. I think he's genuinely trying to keep this sub topical, without favoring Red Team or Blue Team. Which seems reasonable, this is a speculation board.
141.
Post 15264881 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.53h):
There used to be so many bears in here. What happened to them? Identity crisis?
What happened to Assmaster and his bullshit on a coin beginning with E? I didn't see him boasting about a 30% drop
Pretty sure he's #Assrekt so hard right now ... he should have spent more time checking his smart contracts code instead of gloating on bitcoin forums about his altcoin scam. The harder they gloat the worse it was going to be for them. Vitalik and his crew better have good liability insurance cause the smart lawyers are lining up for their piece of a crack at #assrekt and buddies.
In light of the tragical dearth of learnings amongst you gentlefolk, allow me to turn you on to this little-known trick utilized by the better-informed traders: it's called
selling.
Unlike the unworldly hodler (who inevitably puts a ring on his beloved asset), a competent trader retains the option to offboard the gravy boat when said conveyance springs an annoying leak (such as The Great The_DAO multi-compartment double-hull breach of 2016).
To steer this
doomed luxury liner back
on its thrice-cursed tragical course topic, such savvy traders may utilize our beloved bitcoin in their cold, calculated exit strategies, thus generating temporary BTC demand. So if the smarter amongst you gentlemen* was wonderin' why BTC price has not adhered to its time-tested, tear-lubed trajectory (assured by maths, ballistics, and, most of all, gravity), that's why
*Inca has clearly been to universities...
142.
Post 15268870 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.53h):
Now think again on what is happening. It's just too sad that the lightning network isn't here already. If it had been, venezuelas economy would bleed off into bitcoin in no time. At least a part.
It wouldn't, because people don't have tons of USD to spend buying bitcoins.
Almost no volume, but you can buy/sell BTC for local funny money:
https://coin.dance/volume/localbitcoins/VEF, and interest seems to be on the rise (the chart is denominated in Bolivars, you can click top right to change to BTC).
143.
Post 15269064 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.53h):
10% Gross domestic product. 443B Dollar. There is value being created and circulating.
If just 1% of the world's population sent me a penny, I'd either be a multimillionaire or die under the weight of all them pennies.
Also: GDP is the value of goods/services produced in your country within a single year. It is not "money sitting around."
If I have an ice cream stand, and you got a hot dog stand, we got us an economy (you buy my ice cream, I buy your hot dogs).
If I sell you $1,000 worth of my ice cream, and you sell me $1,000 of your hot dogs in the span of the year (our economy's GDP=$2,000), though we may never have more than $10 between us.
Because velocity of money.
"Bleeding off" into Bitcoin may also not be as knee-jerk as it seems, since people could also "bleed off" into other currencies, like USD, which isn't inflating anywhere as fast as the Bolivar.
144.
Post 15270587 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.53h):
Boop?
Boop!
145.
Post 15271740 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.53h):
146.
Post 15309483 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.54h):
We just dropped through that trendline. This may be about to get nasty.
This is all so completely unexpected
147.
Post 15319524 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.54h):
That's the dirty secret that the whales don't want you to know.
And there I was, thinking Mr. Moneybags would just pick one exchange and stick with it. But now you tell me he avails himself of arbitrage opportunities and ... less savory ways to profit from poorly regulated markets spread out across multiple jurisdictions?
Well!
148.
Post 15320625 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.54h):
Buy some broken shitcoins? Hmm. Sounds like a great idea! Of course I’m the kind of guy that sticks screwdrivers in his ears for sport. But still, excellent advice from Bitcoin News Magazine. Everybody game?
Yes, buy broken shitcoins if the price of said broken shitcoin is increasing at jaw-dropping rate, allowing you to sell that broken shitcoins at a substantial profit later. It's called trading.
That's what this sub is about.
If this sub was called "chose a coin to marry and hodl 'til death doth ye part," you'd have an excellent point.
149.
Post 15321465 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.54h):
Buy some broken shitcoins? Hmm. Sounds like a great idea! Of course I’m the kind of guy that sticks screwdrivers in his ears for sport. But still, excellent advice from Bitcoin News Magazine. Everybody game?
Yes, buy broken shitcoins if the price of said broken shitcoin is increasing at jaw-dropping rate, allowing you to sell that broken shitcoins at a substantial profit later. It's called trading.
That's what this sub is about.
If this sub was called "chose a coin to marry and hodl 'til death doth ye part," you'd have an excellent point.
I forgot this was a thread of savvy investors; by all means. Have a wafer-thin mint to top it off. Keep us posted.
No, you're wrong again. This is not about investing, investors don't watch for "green dildoes" on exchanges. Investors are far more value-oriented, and daily price fluctuations (wall watching) ain't what they're about.
This thread is about trading, my snide little friend. Where we buy and sell widgets, not because of our unsullied, deep and eternal love for said widgets, but because we love making
money. Don't be confused by other traders swearing fealty to shitcoin_X -- that's sales talk, so rubes like you would maybe believe them and buy shitcoin_X, thereby driving up the price.
You know how I know this? Because when I am ideologically/emotionally attracted to something, I do not spend my days pimping it by telling everyone who'll listen how much real money it will be worth one day. Because who corners people and pitches to them how many green American $$$$ their GF or their mom or their cat or Jesus or Muhammad will be worth?
Now guess who does that sort of shit? Go ahead, guess.
150.
Post 15394325 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.54h):
Bitcoin price is going to absolutely explode you guys. Soon!
Trust me, when it comes to price predictions, we're never wrong!
Lowered Expectations~ time passes ~
Now:
P.S. Less than 2 days left to pump the price to $1k. Get buyin'!
151.
Post 15394868 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.54h):
Within the draft, we see articles on virtual properties and data information, classifying them as new type of civil right objects, this means that virtual properties and data shall officially become people’s rights.
So China is nationalizing bitcoin mines? Good news!
152.
Post 15394983 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.54h):
Does this means actual KYC/AML laws & stricter oversight by the Communist party for Chinese BTC exchanges?
This is, indeed, great news!
@600watt, stay classy!
153.
Post 15407290 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.54h):
Can anypony explain what this infographic is trying to convey?
Once more unto the breach, dear friends, once more;
Or close the wall up with our English dead?
maybe not...
These SWIFT hacks seem to be increasing in frequency or they are being reported more ... either way it's just another symptom of the unreliability of the cobbled together legacy fiat system, it neither secures issuance or transfer and is simply antiquated and wholly unsuitable for the modern era.
3tps. Modernity. New Era...
The shopping mall down the street handles more transactions.
154.
Post 15407483 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.54h):
After the fact -> because of the fact.
I spilled a quart of milk in my kitchen once. A month later, BTC prices doubled.
∴ Next time I spill a quart of milk, go all in.
155.
Post 15409934 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.54h):
price will be 100% larger than previous ATH and will probably position itself at $3000 in 2015.
Right.
A Gentle Reminder:Lowered Expectations~ time passes ~
Now:
P.S. Less than
2 1 day
s left to pump the price to $1k. Get buyin'!
TL;DR:
77% of bitcoin enthusiasts err on the high side
13% are reasonable
10% of bitcoin enthusiasts err on the low side
Hopium bias: Over 9000!
156.
Post 15410074 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.54h):
Those are less than symbols. Top of the poll says less than 1000 if you ask me.
Nah, Adam's just like that, probably drunk. Organic solvents. Of all the drugs to make legal
157.
Post 15419891 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.54h):
158.
Post 15422634 (copy this link) (by ahpku) (scraped on 2020-04-04_Sat_14.54h):
7%? Dang.
5%
https://coinmarketcap.com/ corresponding volume on BFX
*ready for sad trombone?
