Author

Topic: Gold collapsing. Bitcoin UP. - page 1113. (Read 2032266 times)

legendary
Activity: 1764
Merit: 1002
June 26, 2014, 02:39:53 PM
how badly can fuck ups in the scripting language (new OP codes) screw up functionality in the main protocol?
http://www.youtube.com/watch?v=NG1qooBzE2w#t=2m26s

damn it!

lol, not only did that guy steal my verb (Zhoutonged-yes it's not a name), he stole my strategy!
legendary
Activity: 1372
Merit: 1000
June 26, 2014, 01:16:09 PM
how badly can fuck ups in the scripting language (new OP codes) screw up functionality in the main protocol?
http://www.youtube.com/watch?v=NG1qooBzE2w#t=2m26s

LOL’ed at the YouTube vid, I don’t think I ever watched it to the end. Cheesy

I was quite shocked to see  Trace Mayer punting side chains https://www.youtube.com/watch?v=Ut65i7Mrvyc,
I can’t wait for  BTCd and i think Andreas Antonopoulos’s prediction that there will be too many vested interests soon to effectively change the Bitcoin protocol, this gives me some sense of surety.
http://youtu.be/2Vrm0EWUpds?t=16m32s
http://youtu.be/4WHWB-02bCs?t=4m40s

For the rest this Bitcoin experiment has become highly politicized, so what comes next?
legendary
Activity: 1400
Merit: 1013
June 26, 2014, 11:35:34 AM
how badly can fuck ups in the scripting language (new OP codes) screw up functionality in the main protocol?
http://www.youtube.com/watch?v=NG1qooBzE2w#t=2m26s
legendary
Activity: 1764
Merit: 1002
June 26, 2014, 11:28:34 AM
once again, fungibility is paramount:

"but, for now, a legally-orchestrated sale of bitcoin assets demonstrates that a bitcoin is a bitcoin is a bitcoin."


"None of these statements carry any indication that the USMS or the Department of Justice view these coins to be ‘legally different’ or ‘subject to special treatment’ by exchanges and market participants. Conversely, the USMS is attempting to maximize its return of the sale of these bitcoin assets by specifically not disrupting their implied fungibility."

http://www.coindesk.com/government-sale-bitcoin-establishes-fungibility-precedent/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+CoinDesk+%28CoinDesk+-+The+Voice+of+Digital+Currency%29
legendary
Activity: 1764
Merit: 1002
June 26, 2014, 11:02:45 AM
look at Adam Back and Austin Hill. Adam invented the concept of POW yet he admittedly didn't get Bitcoin and never got in. now he's trying to use his influence to make up for it with sidechains which by all initial indications requires a change to the main protocol. they claim it doesn't but I'll bet there's at least some ugly hack required that allows it to function. we'll see.

anyone who has a stake in Bitcoin has to be suspicious of anyone who has a low to no stake wanting to change the protocol especially when they're operating a for profit company with core devs (gmax and Luke) who aren't drawing a paycheck yet from Bitcoin.
The best case scenario is that sidechains needs a few new opcodes to function, and the sidechains concept is just a decoy to get those opcodes into the protocol, and those opcodes turn out to be highly desirable for creating enhancing the privacy/fungibility of Bitcoin. The good kind of Trojan Horse.

On the other hand, those opcodes could be a the bad kind of Trojan Horse too.

how badly can fuck ups in the scripting language (new OP codes) screw up functionality in the main protocol?  i've heard that one or more of the recent new OP codes required an "ugly hack" to the main protocol to allow them to function properly?
legendary
Activity: 1400
Merit: 1013
June 26, 2014, 10:55:33 AM
look at Adam Back and Austin Hill. Adam invented the concept of POW yet he admittedly didn't get Bitcoin and never got in. now he's trying to use his influence to make up for it with sidechains which by all initial indications requires a change to the main protocol. they claim it doesn't but I'll bet there's at least some ugly hack required that allows it to function. we'll see.

anyone who has a stake in Bitcoin has to be suspicious of anyone who has a low to no stake wanting to change the protocol especially when they're operating a for profit company with core devs (gmax and Luke) who aren't drawing a paycheck yet from Bitcoin.
The best case scenario is that sidechains needs a few new opcodes to function, and the sidechains concept is just a decoy to get those opcodes into the protocol, and those opcodes turn out to be highly desirable for creating enhancing the privacy/fungibility of Bitcoin. The good kind of Trojan Horse.

On the other hand, those opcodes could be a the bad kind of Trojan Horse too.
legendary
Activity: 1400
Merit: 1013
June 26, 2014, 10:50:54 AM
Paid trolling/astroturfing is a thriving industry. It's part of the reason the net sucks so much right now.
legendary
Activity: 1764
Merit: 1002
June 26, 2014, 10:38:18 AM
...
...or am I just getting trolled here? (not kidding).


Ok, I figured it out. Here are some quotes from Wendell, from the following interview: https://soundcloud.com/epicenterbitcoin/eb22

Quote from: WendellDavis link=https://soundcloud.com/epicenterbitcoin/eb22 date=1403756946

[1:45]
I...got a little bit obsessed with bitcoin starting in 2009...

Well, I mean, the unfortunate part is that I simply followed it as a curiosity, and not not so much as like oh well this is a great investment opportunity.
...
So I missed an opportunity to be one of those guys who like, you know, 300,000+ or what have you. But...I, you know, just didn't have the vision, I suppose, to see that it would really become something real.

[3:25]
I didn't think for a minute that it would actually be successful.

There it is... No matter what he's consciously/sub-consciously convinced himself in the last 5 years about whether or not bitcoin deserves to have most of the crypto value, the fact that he so thoroughly missed the boat has gotta eat at him. He was one of the few lucky enough to be on Metz-Dowd in 2009 and actually see the discussion as it happened. He had the technical know-how and intellectual curiosity to appreciate it. Yet he didn't act. He could've been set for life. He's an entrepreneur - he could've self-funded whatever projects truly interested him... Or he could've launched his own fund... The scale of that regret has got to bother him, so he's constructed this weird belief system to negate it. It probably happened slowly and sub-consciously over time, which means it's really ingrained.

It's funny, I got the sense from his response to me that he was fighting another battle, and was pissed about something else. That sentence of his where he f-bombed was just too needlessly aggressive and vengeful to make any sense in context. Now I understand him a little better.


he's not alone.

 look at Adam Back and Austin Hill. Adam invented the concept of POW yet he admittedly didn't get Bitcoin and never got in. now he's trying to use his influence to make up for it with sidechains which by all initial indications requires a change to the main protocol. they claim it doesn't but I'll bet there's at least some ugly hack required that allows it to function. we'll see.

anyone who has a stake in Bitcoin has to be suspicious of anyone who has a low to no stake wanting to change the protocol especially when they're operating a for profit company with core devs (gmax and Luke) who aren't drawing a paycheck yet from Bitcoin.
legendary
Activity: 1764
Merit: 1002
June 26, 2014, 10:23:09 AM

That is a logical comment that would work in a logical world ... but the world is currently run by crusty old men (think: cheney) who are no longer (or never were) attractive to young women, and who only get female attention (read: pussy) by spending money. These sociopathic, otherwise irrelevant old men should be put out to pasture so they can spend time with their grandkids, but because they believe they still have some relevance, they persist in trying to run/ruin the world. They should be euthanized. Ask a 20 year old male if he would instantly add 40 years to his life in exchange for $10M and he would tell you to go fuck yourself. No one wants to be old.


that's actually  an optimistic thought; i mean the parts about the 20 year old and the euthanasia.

i actually saw that guy last night on a TV preview for his upcoming Charlie Rose interview. seeing that privileged arrogant attitude and hearing his lack of remorse once again brought that long repressed feeling of anger and nausea that i used to get every time i had to hear him justify yet further intrusions into the middle east. you're too kind; that guy ought to be strung up from a tree for all the death, destruction, and expense he racked up. look at Iraq now...
legendary
Activity: 1722
Merit: 1004
June 26, 2014, 10:22:01 AM
...
...or am I just getting trolled here? (not kidding).


Ok, I figured it out. Here are some quotes from Wendell, from the following interview: https://soundcloud.com/epicenterbitcoin/eb22

Quote from: WendellDavis link=https://soundcloud.com/epicenterbitcoin/eb22 date=1403756946

[1:45]
I...got a little bit obsessed with bitcoin starting in 2009...

Well, I mean, the unfortunate part is that I simply followed it as a curiosity, and not not so much as like oh well this is a great investment opportunity.
...
So I missed an opportunity to be one of those guys who like, you know, 300,000+ or what have you. But...I, you know, just didn't have the vision, I suppose, to see that it would really become something real.

[3:25]
I didn't think for a minute that it would actually be successful.

There it is... No matter what he's consciously/sub-consciously convinced himself in the last 5 years about whether or not bitcoin deserves to have most of the crypto value, the fact that he so thoroughly missed the boat has gotta eat at him. He was one of the few lucky enough to be on Metz-Dowd in 2009 and actually see the discussion as it happened. He had the technical know-how and intellectual curiosity to appreciate it. Yet he didn't act. He could've been set for life. He's an entrepreneur - he could've self-funded whatever projects truly interested him... Or he could've launched his own fund... The scale of that regret has got to bother him, so he's constructed this weird belief system to negate it. It probably happened slowly and sub-consciously over time, which means it's really ingrained.

It's funny, I got the sense from his response to me that he was fighting another battle, and was pissed about something else. That sentence of his where he f-bombed was just too needlessly aggressive and vengeful to make any sense in context. Now I understand him a little better.
legendary
Activity: 1764
Merit: 1002
June 26, 2014, 05:14:04 AM
...or am I just getting trolled here? (not kidding).
There's plenty of money available to anyone willing to sell their services to the highest bidder.

Bitcoin threatens the interests of many entities, and those interests will have no difficulty whatsoever finding mercenaries to serve them for a buck.

They are also pretty good at what they do: https://firstlook.org/theintercept/2014/02/24/jtrig-manipulation/

everyone's getting into the act:

http://www.techspot.com/news/57162-busted-microsoft-hired-agency-paying-bloggers-to-write-pro-ie-posts.html
legendary
Activity: 1764
Merit: 1002
June 26, 2014, 04:59:32 AM
...or am I just getting trolled here? (not kidding).
There's plenty of money available to anyone willing to sell their services to the highest bidder.

Bitcoin threatens the interests of many entities, and those interests will have no difficulty whatsoever finding mercenaries to serve them for a buck.

They are also pretty good at what they do: https://firstlook.org/theintercept/2014/02/24/jtrig-manipulation/

There is no question that the psyops have been here since at least 2011 and especially at Reddit over the last year. you can tell who they are oftentimes and my favorite counter attack is to ask them why they're spending so much  of their supposed valuable time on a forum trying to convince others not to use bitcoin. any self respecting individual would doing other more productive things you'd think. unless they're being paid to troll of course. usually that will shut them up or bring out some hypocrisy. 
legendary
Activity: 1400
Merit: 1013
June 26, 2014, 02:23:11 AM
...or am I just getting trolled here? (not kidding).
There's plenty of money available to anyone willing to sell their services to the highest bidder.

Bitcoin threatens the interests of many entities, and those interests will have no difficulty whatsoever finding mercenaries to serve them for a buck.

They are also pretty good at what they do: https://firstlook.org/theintercept/2014/02/24/jtrig-manipulation/
legendary
Activity: 1652
Merit: 1000
June 26, 2014, 01:26:00 AM

We at Hive agree that so-called crypto-currency is not money
...
We of Earth love our novelty, and I in particular find the idea of artificial digital scarcity so painfully fucking boring that I'm going to spend my time making your world view more difficult to sustain, as both a career and a hobby.

...or am I just getting trolled here? (not kidding).

He's saying that a particular idea is not valid because it's boring. He is either a troll or exquisitely stupid.
legendary
Activity: 1722
Merit: 1004
June 25, 2014, 11:29:06 PM
A little off-topic, but sometimes I get worried about some of the people working in the bitcoin space these days: https://bitcointalksearch.org/topic/m.7520282

That's apparently the CEO of https://www.hivewallet.com/

Some quotes from his response to me in the above thread:

We find arguments for artificial digital scarcity well-reasoned, but ultimately delusional.

and

We at Hive agree that so-called crypto-currency is not money
...
We of Earth love our novelty, and I in particular find the idea of artificial digital scarcity so painfully fucking boring that I'm going to spend my time making your world view more difficult to sustain, as both a career and a hobby.


...or am I just getting trolled here? (not kidding).
legendary
Activity: 1764
Merit: 1002
June 25, 2014, 09:48:52 PM

This ruling should be taken to its natural extension; eliminate the back doors that exist in the firmware of all cell phones.  this is really critical given projected smart phone growth and their future use with Bitcoin.
legendary
Activity: 1722
Merit: 1004
June 25, 2014, 09:18:20 PM


Not bad, but not incredible, either. Barry's answer to why he's excited about bitcoin was actually disappointing, IMO. Enhancing payment systems in Africa and India is great, of course, but it misses the essence of what bitcoin is all about: ideal for our times, honest, money.

Granted, those brief interviews where some ignorant host is interrupting you right and left must be incredibly off-putting and frustrating...

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