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Topic: Gold collapsing. Bitcoin UP. - page 229. (Read 2032248 times)

sr. member
Activity: 420
Merit: 262
June 16, 2015, 11:54:01 AM
Sell at $320. Remember I told you all in May that rally was coming in June.
you say a lot of things.  A LOT of things.  You reply to yourself 20 times.  Your signal to noise ratio is frankly abysmally low.
it's zeroo.

His posts can be summarized with two bits of information:

00 = "The powers that be will enslave you all!"
01 = He makes a pessimistic comment that distracts from any progress currently being made in the thread
10 = He challenges someone to a boxing match
11 = "I am brilliant and will now leave this thread forever"


I now see full-node count as a red herring; the number of full nodes is dropping because we don't need that many full nodes…
You are forgetting propagation delay and the need for IBLT to deal with it...

Hey!  It looks like with my encoding scheme above we can implement an IBLT for your comments!!

Peter R upthread where we were discussing the 21 Inc economics it seemed you were open minded and rational.

Now you are acting like a shrill. Why?

I always respected you as being a engineer of some sorts (obvious sometimes from your use of math, etc). You of course must realize you've completely mischaracterized my posts. You don't like that I pointed out to you some potential game theory on IBLT and headroom in the block size. Okay. Why? You don't want to consider all the possibilities? You are premarried to a preferred conclusion. That is the antithesis of rationality.

Step back from the ledge...
legendary
Activity: 1372
Merit: 1000
June 16, 2015, 11:52:56 AM
I now see full-node count as a red herring; the number of full nodes is dropping because we don't need that many full nodes (see my arguments above).  There's a huge gap between running bitcoin on a raspberry pie and "only the Googles of the world will be able to run bitcoin."  According to all my analysis, we are so far away from bitcoin being runnable by "a few mega corporations," that the "don't-increase-the-blocksize-because-centralization-arguments" come across as hyperbole to me.  

You are forgetting propagation delay and the need for IBLT to deal with it, which is a paradigm which will eventually hand a winner-take-all to the entities that can handle Visa volume on the block chain.

I believe before the big boys throw their transactions at Bitcoin, they want to make sure the paradigm is in place for them to capture it. Coinbase, Circle, Paypal, etc its all primed and ready to go after IBLT is implemented or large enough block size to handle the scale they want to throw at Bitcoin and force IBLT.

Mike Hearn and the Foundation appears to be captured by those big boys (TPTB).

Blockstream is attempting a rear guard and trying to not give them so much headroom all at once.

Or you might have two factions of the TPTB competing (since the end result if the same for as long as PoW is not fixed).

In any case, I don't really care. It is a morass and needs to be replaced by something that remains truly decentralized long-term.

you do realize the Foundation has been defunct for months now?

Or so you were lead to believe.

And the Rothschilds and Rockefellers also divested all their wealth too.

P.S. I am fairly certain Cypherdoc is a mouthpiece for TPTB. I posit he was purposely compromised by the HashFast offer to maintain his allegiance. This is their usual modus operandi. This is evident by his public role and other factors such as his denial of the fact that Bitcoin core is heading towards a centralized end game.

i am in agreement to talk with you on video Skype.  what's your handle?

yoohoo, TPTB_need_war, yoohoo.

yoohoo, TPTB_need_war, yoohoo.

hooohoooohoooo.

Lol I just realized that you probably can't run bitcoin on a raspberry pie  Cheesy



if you put the pi2 on top of your raspberry pie you can.
https://www.kickstarter.com/projects/494420603/raspnode/description
legendary
Activity: 1372
Merit: 1000
June 16, 2015, 11:42:15 AM
I think I've heard all the arguments, but I still cannot understand the opposition to increasing the blocksize.

I don't have an (maybe I should say: a valid) opinion on the block size debate. I would prefer to err on the side of decentralization, but at this point I'm not even sure what that is. I think magic numbers are a poor solution (but I'm sure they are sometimes necessary).

I'm not afraid of forks, like most people seem to be. I think that everyone should be prepared for how they will deal with possible forks in the future.

What I do know is that after spending a lot of time reading about Bitcoin for the past several years, and getting a feel for some of the people involved, I would prefer to stay far, far away from anything that is related to Mike Hearn. For the life of me, I can't even understand why someone like him is interested in Bitcoin (unless it's to change it into something else entirely). I'm thankful that he has barely touched Bitcoin Core.

So I oppose BitcoinXT, but not necessarily a block size increase.

Disclaimer: I use Mycelium for convenience from time to time and do not know whether or not that is based on any of Hearn's BitcoinJ.

thanks Holiday,

I find myself thinking similar things, ultimately I'm for decentralization, and while I've been horrified by some of Mikes off the cuff ideas in the past, I am largely inspired by the ideas he has pushed through to fruition.

to me decentralization = more distributed, and having centralized control by a group of people no matter their track record is still centralization, Mike is not my first choice for a dictator, but I respect that he doesn't care to do what other people think he should do, but is going to do what he thinks is best that makes it easy to follow him, so long as we are going to the same place it is easy to part ways when he decides to go somewhere strange.  

I may not agree with him on many issues despite that, decentralization of control is the future for Bitcoin. I'm happy with the understanding that running an XT node is not giving him the keys to Bitcoin but doing just the posit, distributing the control system.
legendary
Activity: 1162
Merit: 1007
June 16, 2015, 11:41:29 AM
Sell at $320. Remember I told you all in May that rally was coming in June.
you say a lot of things.  A LOT of things.  You reply to yourself 20 times.  Your signal to noise ratio is frankly abysmally low.
it's zeroo.

His posts can be summarized with two bits of information:

00 = "The powers that be will enslave you all!"
01 = He makes a pessimistic comment that distracts from any progress currently being made in the thread
10 = He challenges someone to a boxing match
11 = "I am brilliant and will now leave this thread forever"


I now see full-node count as a red herring; the number of full nodes is dropping because we don't need that many full nodes…
You are forgetting propagation delay and the need for IBLT to deal with it...

Hey!  It looks like with my encoding scheme above we can implement an IBLT for your comments!!
sr. member
Activity: 420
Merit: 262
June 16, 2015, 11:27:22 AM
Readers who do not work for TPTB as shrills, please observe carefully what is going on now.

Hopefully you are smart enough to see.

Sell at $320. Remember I told you all in May that rally was coming in June.

you say a lot of things.  A LOT of things.  You reply to yourself 20 times.  Your signal to noise ratio is frankly abysmally low.

I have consistently stated one prediction for the BTC price in this thread, which was a bounce in summer and a renewed decline to the final low after that < $150.

Btw, I see 3 more No votes since you started this lame ad hominem attack.
legendary
Activity: 1764
Merit: 1002
June 16, 2015, 11:11:26 AM
Sell at $320. Remember I told you all in May that rally was coming in June.

you say a lot of things.  A LOT of things.  You reply to yourself 20 times.  Your signal to noise ratio is frankly abysmally low.



it's zeroo.
legendary
Activity: 1246
Merit: 1010
June 16, 2015, 11:07:19 AM
Sell at $320. Remember I told you all in May that rally was coming in June.

you say a lot of things.  A LOT of things.  You reply to yourself 20 times.  Your signal to noise ratio is frankly abysmally low.

legendary
Activity: 1764
Merit: 1002
June 16, 2015, 11:03:34 AM
Sell at $320. Remember I told you all in May that rally was coming in June.

oh, shut the hell up.

Skype address please.
sr. member
Activity: 420
Merit: 262
June 16, 2015, 11:00:06 AM
Sell at $320. Remember I told you all in May that rally was coming in June.
legendary
Activity: 1764
Merit: 1002
June 16, 2015, 10:56:31 AM
Ouch, short squeeze up the ass. Cheesy
legendary
Activity: 1764
Merit: 1002
June 16, 2015, 10:51:42 AM
Long term MACD confirming:

legendary
Activity: 1764
Merit: 1002
June 16, 2015, 10:49:44 AM
we've broken over the top of resistance:

legendary
Activity: 1246
Merit: 1010
June 16, 2015, 10:47:44 AM
Big Bitcoin breakout underway.

ok you've made me go to bitcoinity.  This had better be good... Cheesy

Edit: Big O notation is just a way to describe that the "order" of a function is less than that of another function, not counting the constant factor.

Typically used to describe CPU or memory complexity.  Painfully, people rarely identify the variables in their function or what complexity is being described.  So someone will say: "A bitcoin node scales as O(n)", but should really say "A bitcoin node's CPU use scales at O(t), where t = # of transactions, its disk use at O(b) where b = # of blocks, and memory use at O(u) where u = # of individual unspent accounts (UTXOs)"


EDIT2: ok, broke $250 (on all major exchanges) that IS good!
legendary
Activity: 1764
Merit: 1002
June 16, 2015, 10:43:14 AM
Big Bitcoin breakout underway.
legendary
Activity: 1764
Merit: 1002
June 16, 2015, 10:35:06 AM
i have him trapped in a corner

Lol. Yes he does. That corner in his mind.

Skype address please  Roll Eyes
sr. member
Activity: 420
Merit: 262
June 16, 2015, 10:34:19 AM
i have him trapped in a corner

Lol. Yes he does. That corner in his mind.
legendary
Activity: 1764
Merit: 1002
June 16, 2015, 10:33:34 AM
Are you on the manic phase currently?

I thought you had him on ignore btw.  Roll Eyes

since you're so quick to defend him, defend his assertions that he was never going to return to this thread.  and how about his manic phase where he clogs up entire thread pages on end?
legendary
Activity: 1764
Merit: 1002
June 16, 2015, 10:30:41 AM
Are you on the manic phase currently?

I thought you had him on ignore btw.  Roll Eyes

took him off obviously.

otoh, you should consider i have him trapped in a corner.  but i'm happy to be proven wrong.  all he has to do is video Skype.
hero member
Activity: 966
Merit: 1003
June 16, 2015, 10:29:08 AM
Are you on the manic phase currently?

I thought you had him on ignore btw.  Roll Eyes
legendary
Activity: 1764
Merit: 1002
June 16, 2015, 10:23:57 AM
wow, that shut his ass up quick didn't it?  Cheesy

anyone who shills so hard for Martin Armstrong so much, who writes so poorly as Martin Armstrong so much (probably using spellchecker and grammar check), and who argues against Bitcoin as Martin Armstrong so much, probably is Martin Armstrong.

of course i could be entirely wrong.  which is why i'm perfectly fine to video Skype with TPTB_need_war.
 

and, yahoo TPTB_need_war, if you are Martin Armstrong, don't you dare try to get a sit in for yahoo TPTB_need_war  because i will quiz that kid up the wazoo, you yahoo, on the massive content of what you've spammed in this thread which the poor kid would have no hope or understanding of that history.
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