Topic: Gold collapsing. Bitcoin UP. - page 369. (Read 2032266 times)

I think we should also re-summarize whether pool control can be defeated by the new pool RPC (was it "getblockdata"?) that allows the miner to add or remove transactions. I must admit it has been a while since I looked at that and I might not have completely digested it (in a rush or whatever).

Perhaps someone can chime in so I don't have to go google it.

https://bitcoin.org/en/developer-guide#getblocktemplate-rpc

So that is one argument that can be made against the pool's having control. Note it doesn't impact my other upthread (and very on topic) point that larger blocks favor centralization because higher orphan rates do.

However does it really give control the miner? I don't think so. The users still need to forward transactions into the network and eventually the volume of transactions will be too great for miners to listen to and compare with what the pool is sending them. They will at some point be forced to delegate transaction compilation to the pools.

So I argue both of my orthogonal points remain valid.

The author of the OP can still maintain the pools are not concentrated because he can look at a piechart of pool names and see that not one of the names has a significant market share. I can maintain that I have many names too.  

Add: and the key point of distinction is that in Bitcoin in order to get a transaction to have a confirmation then it must be put into a block. In my novel new design, transactions don't have to be put in blocks in order to be confirmed. That is a very strong head scratching hint for you!

I made a similar entropy point recently in the Economics thread, yet in the more general context of the internet. I will try to locate it and edit this post to add a link.

I agree. I am in support of Bitcoin. I think it is possibly its own trojan horse. And I think the masses are going to adopt Bitcoin no matter what we do. I posit our only hope is to establish an alternative (often anonymous) economy with sufficient usage that it will remain viable and useful. I have no delusions about entirely disrupting fiat nor Bitcoin, because the masses don't want to end their socialism (they depend on Big Brother for food, housing, education, healthcare, anti-terrorism shadows, etc).

However, my point against altcoins (and note I have not intensively evaluated for example Nxt's ecosystem, so there might be exceptions I am unaware of) is they have limited network effects because afaics network effects are mostly driven by the use as a medium-of-exchange. And it appears to me to be a chicken-or-egg dilemma in that without network effects then it can't be a viable investment because medium-of-exchange requires reasonable ubiquity (currency must be convenient and increase efficiency of trade). In short, there is no value in just buying digits that we trade as an investment. There has to be some use value to impart value to the digits.

Thus I posit there does come a point where we may not be able to get the economy-of-scale to offer a viable option to Bitcoin any more. The inertia could become too great to overcome and we might even already be there or approach that point on the next runup in price with Circle, Coinbase, and Paypal all ready to vest the masses in Bitcoin. I assert that the masses are complacent and they simply won't switch, no matter if all our ideological reasons for supporting Bitcoin disappear. We could try to leave into our own coin, but we will find that not enough of us can leave en masse at once in order to use the coin for anything. Thus most of us will thus throw in the towel and realize it is futile and we waited too long.

So I argue we can't just take it as a given and must be proactive and expedient on any altcoin experiments we want to do.

(emphasize the word "experiments", I am cognizant that all altcoin attempts are experiments, not a given)

Can anyone point out a flaw in that reasoning?

Note I assume Bitcoin can't or won't make the type of radical changes I have in mind. I would need to delve into finer details to determine what would be the hindrances to Bitcoin adopting the changes, if they prove to be correct and superior.

Ditto Monero. I am not in principle against embracing Monero (and their existing inertia), but it really depends on the details (technical and personality synergies involved). It is difficult to see how I or my prospective investor(s) could be rewarded though since the coin is already mined out and hashrate is very high already. This is a dilemma for a coin that has no premine, then how do they pay for ongoing development. I suppose you could take a portion of the ongoing minting and tx fees. Maybe Monero is already doing that, I haven't paid attention.


Ty. Much appreciated. It is crazy if someone doesn't fund me. I think someone will. I am not asking for huge amount. I'd self fund but I am really in risky territory now with my remaining depleted savings. Imagine I had 18,000 oz of silver in 2008. The M.S. disrupted my preparations and thought processes to the degree that I got into holes and circumstances where I took rash actions on investments or for example due to practicalities and fatigue left my silver with a dealer (carting and storing 10,000oz of silver in the Philippines is highly implausible for a foreigner, I mean to say there will be excessive taxes such as 5% if do it the declared legal way, carting that to Mindanao! no way!).

I was wealthier than rpietila in 2008. He had a superior financial outcome with his illness, I think because (of his location in a first world country, i.e. Finland and) his vocation as a speculator is a daily discipline that can return daily gains, i.e. it is easier to maintain discipline and correct for drift because there is a daily feedback on financial gains. My career as a programming entrepreneur requires long periods of no income and risking it all on a new project development. Thus the M.S. put me too far out of sync with the patterns required for periodic success in my vocation.

For what it's worth I'd fund you for a year if I had the means.

Keep fighting

To be more precise, self-diagnosis of my EDSS before recent treatment was in the range of 3.5 - 5. I could walk (even run) more than 500 meters, but I couldn't stay up 12 hours a day. I did have the blurred vision, slurred speech, such extreme difficulty swallowing that I felt afraid to sleep thinking I might suffocate (probably not rational), urination every 30 minutes, emotional and depression issues, etc..

My EDSS now appears to be 3.0 or lower. This is after only 5 - 6 weeks of treatment and it was claimed it takes 2 months for the high dose vitamin D3 to return normalcy.

Also be aware the vitamin D3 is metabolized in the liver to a hormone, and I have been fighting this daily pain and fatigue with every last ounce of my willpower for 3 years, thus my aggressive behavior (or being easily triggered by those who so callously disrespect a handicapped person and who debate disingenuously). I am all for a gentleman's debate on the merits. I can match civility with those who are. Apparently my emotional and hormonal state at the moment is that I can also match fire with fire.

There is a saying, "don't kick a dog in the corner, or wake a sleeping dog". I am cornered by numerous circumstances. To my antagonists please don't kick me, I might bite your leg off. If you want to have a civil debate, then fine.


I definitely need but I have obligations I can't meet. I am extremely stressed. And I got so tired of not being able to perform, that I took the risk of permanent renal damage. Because my back is against the wall. I am literally in fight or perish mode.

Hopefully I will make it through this intense patch and be able to achieve some peace and calm that I haven't had for 2 years nonstop.

For past month or so at least, I've been sleeping about 3 - 4 hours a day (on average, some days 5 - 7 hours and some days I skipped sleep) and working nonstop other than a few hours in the bed next to my desk and the food downstairs.

Add: as of march I had acute chronic insomnia so intensely that I had lost the ability to sleep. I was getting very desperate about my health. So now I feel it is improvement the sleep I have now, even though it is less than ideal for a healthy person.

It's good you discovered vitamin D₃ and are probably getting plenty of sun. How about magnesium, such as Zechstein minerals applied topically? Zinc? Bone broth? Fermented foods? Proteolytic enzymes? B12? Cutting out all grains and maybe dairy? Probiotics like Primal Defense? Those are the things that come to mind when I think of an auto-immune nerve disease like MS.

Anyway, although it was off-topic I read your story with interest, and I think if you are that stressed out right now you might take some time out to meditate. With the fighter personality you have, you might be quite prone to "indicator suppression," where you ignore signs your body is giving you, including more subtle ones like what foods to eat and when to stop an extreme diet. You mentioned your tolerance to pain.

In my honest opinion, I have always thought you were very intelligent, but the way you post simply overwhelms - it leaves no time for people to chew on and respond to the large jumps you propose before you post more and more and it all gets lost in the shuffle. Less is more. The goal is getting people to understand you and appreciate your points, or maybe even help you refine them, isn't it? Thunderballing in and assuming the worst intentions about everyone who reacts poorly on autopilot just makes that harder. If you have a hard concept you need to get across, you need the audience at their mentally clearest, not feeling defensive.

By the way, I for one would be quite interested in hearing more about your improvement idea. Maybe a little later, though, eh

That's kinda how I've always seen it as well. The genie is out of the bottle. You can just take the current state of the Blockchain (or whatever state it was in before the "takeover") and port to a new chain based on some other algorithm.

Bitcoin is simply the template for a free, honest system of settling transactions. It can't solve the political problems, but at least it offers an alternative system. A fighting chance.

How do you reckon this can't be prevented just by switching up the protocol or switching to an altcoin? They can spend trillions taking over all the infrastructure if they want, but a little change to a different mining algorithm for example undoes all those ASICs, for starters. I'm not seeing it.

I am stressed right now, so exploding is something I probably needed to let it out.

Surely the vitamin D3 is working because of the intense volcano energy I feel right now if one of those detractors would join me in the boxing ring right now.

But I have numb legs today from the knee down and a mild gut pain. But other than that, I am strong enough today. This is a significant improvement over March, where I couldn't even think or keep my body up out of bed most of the time.


Ty. I want to implement, not publish. Waiting for $10,000 - $20,000 in seed capital to fund me so I can work full-time.

I didn't say I would put my name on an altcoin. I said I want to go implement. My name on it is irrelevant.

Yeah, well, I'm not big on drama, but I kinda wish I woulda said "pics or it didn't happen" cuz that was a hell of a lot of pics. 

Good luck, I hope you get better, or at least get worse really really slowly.

Oh, and publish your bitcoin fix before you go.     

How much more off-topic can it be to have a blocksize discussion OP in a thread with a title "Gold collapsing.  Bitcoin UP." and in the Speculation thread.  

The thread was retard from the OP.

Chaos is part of life.

And yet the silverback-wannabe monkey who wrote the OP is offended (about life).  

He has staked his self-worth on his insight to buy BTC early, and he will defend his insecurity (about his legacy and self-worth) at any cost to his rationality and more importantly forsaking civility, humility, compassion, etc..

Yet I digress...  

Come to me bitch:

https://www.youtube.com/channel/UCzqn0xsxe-_Zf_B-q-YgZVQ

i'm waiting.  for the disruption.  1,2,3,4....................

Whatever. You go on and on with your delusion and then you will be disrupted. That is enough wasting my time on you.

Chest thump in front of my face. Surely you are bigger than me? I am only 5'7". It won't help you.

https://www.youtube.com/channel/UCzqn0xsxe-_Zf_B-q-YgZVQ

the only Sybil attack is the one going on in your head.

Next time you will make is a censored thread and so then you will get much less participation, because you really don't want collaboration (unless it fits your objectives).

Go ahead moron. Request the moderator to delete my pics, so then you have no permanent record of who I am. Fine by me.

you got that right.

what's an OP to do?!

WTF! is wrong with you?  

I will kick your ass in spite of my illness.  

I made extensive and important ontopic posts upthread and there is also a human element to development too. Where the fuck is your humility and compassion?


No you don't have to apologize to that snot fuck. Why do you let him brow beat you and use peer pressure to lower your sensibility and humanity?

Call him out instead. Embarrass him for his lack of human spirit.


I apologize in advance to other readers to introduce so much personal information into the thread (and surely you know I take a great risk that none of you are willing to take by putting your real photos in public!! I avoided this for 2 years!!), but perhaps it is necessary this one time in order to clarify a few points. So let's try to make it once only.

I have always been a jock or athlete, in addition to being a nerd or hacker of sorts. It is rarer combination, but I am not the only one of those. For example, I had a friend and competitor Brad from Bevelry Hills H.S, who had higher SAT scores than me and he beat me in the 800 meter race (the 2nd time, I won the first meet). I think he went on to do something more mainstream than hacking, but I didn't keep in touch. In high school, I ran a sub-4:30 mile, sub-16 min 5K, 35 minute 10K (on a whim and not in best trained shape), yet I also ran 4.5 second 40. For most of my youth, I was in American football (my natural sport since age 5), then I shifted to XCountry and Track when I moved from my birthplace New Orleans, LA to Culver City, CA in 1980. My athleticism is more focused in power and not endurance, but I did the endurance sport because I was in love with the social aspects (running from Culver City to Hunnington Beach and watching the sunset, etc) of it at that age and also I like different challenges and experiences. Frankly I never reached my peak potential in endurance running, because I had too many nerd distractions such as creating WordUp in the mid-1980s which was one of the world's earliest full-feature WYSIWYG word processors.





Here is a pic of myself in 1993-1995 when I worked on what became now Corel Painter:



In 1999, I was at the peak of my career with CoolPage running up to 335,000 published websites users (million or so downloaded copies) and athletically I was in incredible shape. See photo below on the day (Dec. 1, 1999) I was attacked and lost vision in my right eye.



After that my personal life went into disarray and I'd rather not mention all the details out-of-respect for the other party involved.

By 2004 or so, I had recovered physically and emotionally, and in 2005 I started to realize there was a problem in the global economy (my suspicions had started with 9/11) and had discovered gold, silver, etc..




In any case, in 2006 I believe I was infected with a high strain of the HPV virus, and I believe that was a strong contributing factor to my decline thereafter. I still was able to run and even got 2nd place in my 35+ age group for 5K, but it wasn't the same. I didn't have the same oomph and endurance. But it wasn't yet debilitating, just a reduction in my performance. Yet from 2006 to 2010 or 2011, I was still able to pretty much go in the gym or any athletic activity and perform with a lot of power and speed. The deleterious effects up to that point were mainly sustaining energy and endurance and recovery time the next day.

In 2010 or 2011, my feet started to swell, tinnatus in my ears, severe cramping, etc.. The neuropathy had kicked into high gear. You can see the severe eye bags on me in 2010 in the following photo yet also notice how muscular I am (more so than in my 20s).



By 2012, I was hospitalized for h.pylori infection, and after that my body went into a tailspin.

Yet through most of this, I didn't lose my speed and power, except starting around 2013/14, I started to lose power especially on my left side. And in 2014 it was getting so bad that I was getting very desperate. I suppose due to my lifelong athleticism and my continued attempts to fight the M.S. with athletics, I was able to sustain longer than others do with the illness, but yet I was succumbing to it.

But you can see even in this pic in 2014, I was still athletic even though I was struggling every day with debilitating symptoms, I just have incredible will power because of of the long distance running I did over the years where I had to endure extreme pain as a matter of sport and competition:



On my other computer I have photo that shows my face covered with welts and extreme fatigue that was taken also in 2014. Sorry I didn't take many photos of myself when I was feeling horrible. I took photos on those days where I had a burst of energy. M.S. is relapsing thus there can be a good day out of a month. And I would go full blast athletics on those rarer good days.

I had noticed that in all the remedies I had experimented with, only the high dose vitamin D3 that I had tested for 1 week in 2012 (and again for 1 week in 2013) had on both occasions eliminated most if not all of the ill health symptoms. But I was afraid to continue that high dosing of vitamin D3 due to risks of kidney damage. So then my M.S. worsened.

Around the end of March, I got into a horrendous argument with my mother because she expressed no sympathy for what I am going through. I got so pissed off, I felt I didn't care any more if I destroyed my kidneys and I was tired of being this fucking whining ass loser that I become relegated to that my mother could look down on me, when in fact I had accomplished much more in my life (before allowing my life to get involved with the wrong people and venues which lead to my downfall).

My mom and I on better days back in 1995:



So I redid the research on the vitamin D3 and found much  more information than in 2012, such as video from the Brazilian neurologists (graduated and interned in the USA) and his claims on curing 95% of 3000+ M.S. patients.

So I decided to renew the vitamin D3 treatment and sustain it, hell or high water.

And thus far, it is working reasonably well and I have a lot more energy and have been working up to 18 hours daily lately. Unfortunately my M.S. got much worse since 2012, thus the vitamin D3 is not giving me the complete cure in 1 week as it appeared to do before. But the quality of my life is drastically improved already and I am hoping for continued improvement.

So back to your main contention, even when I had these horrendous symptoms 2012 - 2015, I would still force myself with superhuman willpower to go out and exercise hard and I could still run fast or do some power activity, but I could not sustain it long. My sprints dropped from 10 x 150 meters to 1 or 2 x 150 meters.

Since I got on the high dose vitamin D3 (since April 1 at least), my endurance and energy is rising. One day I did 350 pushups, then immediately 8 minutes for 2 kms, then 4 x 150 meters sprints. It is no where near what I used to be able to do and what I am sure I could still do if I wasn't sick, but it is a significant improvement and I am grateful.

My problem right now is I am in a financial stress, because my savings is held by a precious metals dealer and they can't seem to give it all to me. They dole it out a little by little and I am afraid they may stop. And thus I am surviving with very little cash cushion.

And I am diverting my energies onto to projects (hoping to raise cash more surely and quickly) which are much less important than what I think I could probably contribute in crypto.

P.S. when I was 26 I looked like I was 16. The following pic was taken in New Orleans in 1991.

I apologize for going off-topic. Maybe something to bring us back to the block size topic?


Thanks very much. Do you think 20 MB blocks means 20X bandwidth?

note: In Canada we don't have unlimited plans. (At least none that I'm aware of) so already we are hitting the limits of running a full node with only the 1MB block.

For example: if we look at those 3 consecutive days of March 4,5,6 at 20 gig per day that gives 600 gigs per month. A 750 gig per month plan runs $120 per month. And that's the max plan for residential.



If it costs almost 1500 per year to run a node, we need to have some way to subsidize this cost, if we actually want to keep this thing massively decentralized.

Wow, this thread just went full retard (Simple Jack).

I'm sorry to hear about the MS. A colleague of mine had a spouse with MS and I saw the effects in her last few years. I'm having trouble making logic of the comment you make in the thread you just linked, however.


I'm having trouble with those 2 bolded statements in particular. I'm trying to imagine being 50 years old, having MS, and running a sub-5 second 40 yards... and I just can't.