Topic: Bitcoin's Bastards (Read 2509 times)
Someone upstairs heard we like black swans, so they put a black swan in our black swan.
Wrongest thing I ever said? This^
yes.
sidechains imply adding functionality. no one cares about functionality. they want more dollars and that's the only thing that's gonna count for the next few years.
here's a real prediction that came true by little old me - https://bitcointalksearch.org/topic/m.18792838
This year will be all about sidechains. It's an altcoin pump and dump killer. I propose a boycott of all alts until then.
Wrongest thing I ever said? This^
I just made a photocopy of a $5 bill, sold it for $1, bought it back for $6, attempted to sell it again for $10, then ripped it up and urinated on it.
What does this say for the future of the dollar?
What does this say for the future of the dollar?
Pix or it didn't happen.
Especially the urinating part.
I just made a photocopy of a $5 bill, sold it for $1, bought it back for $6, attempted to sell it again for $10, then ripped it up and urinated on it.
What does this say for the future of the dollar?
What does this say for the future of the dollar?
Pix or it didn't happen.
hahahaha!!!
Can I purchase the ripped up urinated original???
Thats gotta be worth gold 20 years from now!
I just made a photocopy of a $5 bill, sold it for $1, bought it back for $6, attempted to sell it again for $10, then ripped it up and urinated on it.
What does this say for the future of the dollar?
What does this say for the future of the dollar?
Pix or it didn't happen.
Early holders creating artificial scarcity, price jumps due to limited supply, illiquid markets and exchanges painting the tape, slow price dumps with many bulltraps on the way down...
this is actually a good observation because that's what really happens.
well, at least we know our permabull-friends now and where they are coming from after this bearmarket
Some lousy shills are indeed lousy
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Early holders creating artificial scarcity, price jumps due to limited supply, illiquid markets and exchanges painting the tape, slow price dumps with many bulltraps on the way down...
this is actually a good observation because that's what really happens.
well, at least we know our permabull-friends now and where they are coming from after this bearmarket
People saying red flag is a red flag. Who do you work for and what is your purpose here?
Does critical thinking make me suspicious?
It's no sheep - he must have an agenda!
no, i have just seen enough in crypto to not fall for hype and promises. I want to see stuff actually work before i believe it does.
Only because stuff is praised by some blogs doesn't mean it's good.
I can appreciate that. I actually started this thread as a kind of rant against Bitcoin tbh
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People saying red flag is a red flag. Who do you work for and what is your purpose here?
Does critical thinking make me suspicious?
It's no sheep - he must have an agenda!
no, i have just seen enough in crypto to not fall for hype and promises. I want to see stuff actually work before i believe it does.
Only because stuff is praised by some blogs doesn't mean it's good.
I'm the anti-hype. Trust me...
people saying 'trust me' is a red flag
People saying red flag is a red flag. Who do you work for and what is your purpose here?
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I'm the anti-hype. Trust me...
people saying 'trust me' is a red flag
This is all very interesting. I propose we take this to the Sidechains thread: https://bitcointalksearch.org/topic/pegged-sidechains-pdf-whitepaper-831527
i have seen that. I think it all has been said in there already ....
I'm not entirely certain I like the idea either. But it IS interesting. They seem eager to adopt zerocash for example
it is certainly interesting but i think hype is unnecessary or even morally wrong. There is so many unknowns and things that can go wrong...
Zerocoin has his own array of problems...
I'm the anti-hype. Trust me...
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This is all very interesting. I propose we take this to the Sidechains thread: https://bitcointalksearch.org/topic/pegged-sidechains-pdf-whitepaper-831527
i have seen that. I think it all has been said in there already ....
I'm not entirely certain I like the idea either. But it IS interesting. They seem eager to adopt zerocash for example
it is certainly interesting but i think hype is unnecessary or even morally wrong. There is so many unknowns and things that can go wrong...
Zerocoin has his own array of problems... mainly trust-problems. That's another topic alltogether.
It IS interesting BUT fundamental changes to bitcoin should not be taken lightheartedly - especially with brand new stuff.
This is all very interesting. I propose we take this to the Sidechains thread: https://bitcointalksearch.org/topic/pegged-sidechains-pdf-whitepaper-831527
i have seen that. I think it all has been said in there already ....
I'm not entirely certain I like the idea either. But it IS interesting. They seem eager to adopt zerocash for example
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This is all very interesting. I propose we take this to the Sidechains thread: https://bitcointalksearch.org/topic/pegged-sidechains-pdf-whitepaper-831527
i have seen that. I think it all has been said in there already ....
only blind people fall for hype which was speaded by cryptomedia from the first second. I don't fall for hype at all... This whole crypto-technology is so new hyping like the blogs did is in no way justified.
This is all very interesting. I propose we take this to the Sidechains thread: https://bitcointalksearch.org/topic/pegged-sidechains-pdf-whitepaper-831527
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i'd expect all bad actors from shitcoins would move to sidechains then.
Scams secured with bitcoin hashpower is the wet dream of every scammer
The blockchain will be spammed with no end only with the biggest crap humans could dream up...
The sidechain tokens can be immune to pump and dump mechanics
how would they be? You need to get rid of the free market for that - so owning the tokens wouldn't even be diserable
pump and dump is a phenomena of the free market. It happens with bitcoin, it happens with litecoin, it happens with the DOW ... it's part of the free market. Price goes up and down. Pump and dump is a reality you have to live with. It happens in all markets on some scale.
so no, sidechains will not end scams, they will not end altcoins and they will also not end pump and dumps ... quite the opposite!
I am highly sceptical of the sidechain thing - esppecially because people were hyping it from minute 1 without asking any questions. I'll remain sceptical because lemmings are plenty.
Scams secured with bitcoin hashpower is the wet dream of every scammer
The blockchain will be spammed with no end only with the biggest crap humans could dream up...
The sidechain tokens can be immune to pump and dump mechanics
how would they be? You need to get rid of the free market for that - so owning the tokens wouldn't even be diserable
pump and dump is a phenomena of the free market. It happens with bitcoin, it happens with litecoin, it happens with the DOW ... it's part of the free market. Price goes up and down. Pump and dump is a reality you have to live with. It happens in all markets on some scale.
so no, sidechains will not end scams, they will not end altcoins and they will also not end pump and dumps ... quite the opposite!
I am highly sceptical of the sidechain thing - esppecially because people were hyping it from minute 1 without asking any questions. I'll remain sceptical because lemmings are plenty.
If the sidechain is of no interest to you then you stay on the parent chain. No big woop I should think. But for the rest of us it opens up some interesting possibilites
i predict: after couple of months (in case it works) 90% of sidechains will be scams - and the problem: they do not stop to exist if nobody is interested. The scams can be run literally forever whereas a shitcoin dies these days when nobody mines them. So all the scam will happen on these sidechains then is what i'd expect.
Sidechains just mean the end of shitcoins ... scams happen on the sidechains then ...
The sidechain tokens can be immune to pump and dump mechanics
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If the sidechain is of no interest to you then you stay on the parent chain. No big woop I should think. But for the rest of us it opens up some interesting possibilites
i predict: after couple of months (in case it works) 90% of sidechains will be scams - and the problem: they do not stop to exist if nobody is interested. The scams can be run literally forever whereas a shitcoin dies these days when nobody mines them. So all the scam will happen on these sidechains then is what i'd expect.
Sidechains just mean the end of shitcoins ... scams happen on the sidechains then ...
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