Author

Topic: Gold collapsing. Bitcoin UP. - page 631. (Read 2032266 times)

legendary
Activity: 2044
Merit: 1005
December 06, 2014, 10:49:55 PM
I know buterin and larimer met up in vegas this yr and larimer convinced buterik about dpos maybe now is when they switch.. another notch under the belt for
bitshares

I see that as a  negative.

Bitshares had had to change itself several times for flawed assumptions. DPOS probably won't be any better than POS. And the fact that Vitalik was meeting with and changing its own model just this summer goes to show just how incoherent their whole concept is a well.
Flawed assumptions? I guess nature is based on flawed assumptions for allowing evolution to happen.

Or it just never works at all.
Define works

i've said before that it's possible that the blockchain may only be applicable to Bitcoin as money.  perhaps if the Bitcoin price gets so high that it becomes impractical or expensive to embed Bitshare stock certificates into an OP_RETURN.  or simply that the core devs continue to restrict competition from Bitcoin 2.0 platforms like they did to Satoshi Dice and CP.  i'm not saying this is necessarily how it will play out but simply a scenario that needs to be considered.
Well satoshi did say this however maybe he meant for these techs not to use btc chain as it would convolute its purpose but i strongly disagree that blockchain technology should only be used for money. Bitcoin? Yes... Another chain? No

The value of the currency of bitcoin causes no impracticallity for this particular technology which simply use bitcoin as an on or off ramp to its ecosystem

Maybe this has implications for counterparty?
legendary
Activity: 1400
Merit: 1013
December 06, 2014, 10:46:31 PM
perhaps if the Bitcoin price gets so high that it becomes impractical or expensive to embed Bitshare stock certificates into an OP_RETURN. 
Easily fixable.

Make 1 satoshi equal to more than one share of stock.
legendary
Activity: 1764
Merit: 1002
December 06, 2014, 10:37:17 PM
I know buterin and larimer met up in vegas this yr and larimer convinced buterik about dpos maybe now is when they switch.. another notch under the belt for
bitshares

I see that as a  negative.

Bitshares had had to change itself several times for flawed assumptions. DPOS probably won't be any better than POS. And the fact that Vitalik was meeting with and changing its own model just this summer goes to show just how incoherent their whole concept is a well.
Flawed assumptions? I guess nature is based on flawed assumptions for allowing evolution to happen.

Or it just never works at all.
Define works

i've said before that it's possible that the blockchain may only be applicable to Bitcoin as money.  perhaps if the Bitcoin price gets so high that it becomes impractical or expensive to embed Bitshare stock certificates into an OP_RETURN.  or simply that the core devs continue to restrict competition from Bitcoin 2.0 platforms like they did to Satoshi Dice and CP.  i'm not saying this is necessarily how it will play out but simply a scenario that needs to be considered.
legendary
Activity: 1246
Merit: 1010
December 06, 2014, 10:35:36 PM
I know buterin and larimer met up in vegas this yr and larimer convinced buterik about dpos maybe now is when they switch.. another notch under the belt for
bitshares

I see that as a  negative.

Bitshares had had to change itself several times for flawed assumptions. DPOS probably won't be any better than POS. And the fact that Vitalik was meeting with and changing its own model just this summer goes to show just how incoherent their whole concept is a well.
Flawed assumptions? I guess nature is based on flawed assumptions for allowing evolution to happen.

Or it just never works at all.
Define works

Worse than that.  I found that he lacks the fundamental mental techniques needed to objectively assess an idea.  Just read the bitshares white paper.  It is (or at least was) a lot of wishes and hand waving.  I cant believe he got money... just goes to show that its more abt who u know.
legendary
Activity: 1764
Merit: 1002
December 06, 2014, 10:32:44 PM
MACD cross on weekly:

legendary
Activity: 2044
Merit: 1005
December 06, 2014, 10:29:00 PM
I know buterin and larimer met up in vegas this yr and larimer convinced buterik about dpos maybe now is when they switch.. another notch under the belt for
bitshares

I see that as a  negative.

Bitshares had had to change itself several times for flawed assumptions. DPOS probably won't be any better than POS. And the fact that Vitalik was meeting with and changing its own model just this summer goes to show just how incoherent their whole concept is a well.
Flawed assumptions? I guess nature is based on flawed assumptions for allowing evolution to happen.

Or it just never works at all.
Define works
legendary
Activity: 1400
Merit: 1013
December 06, 2014, 10:24:14 PM
This would have never happened a year ago:

https://twitter.com/JustusRanvier/status/541431742578434048
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
December 06, 2014, 10:12:13 PM

Gornick keeps having to remind me to stop  accidentally protecting my tweets. Try now.

Gornick is a good guy. Smiley  While he is at it, maybe he can fix Rickards too... and get him to stop using the #bictoin hashtag and use #bitcoin instead.  Wink
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
December 06, 2014, 10:06:59 PM



This is gonna be fun... When you buy one of his books on his site, you can get a "custom inscription" which it sounds like Jim personally hand-writes on the book. So I'll be buying one with a personal inscription regarding bitcoin that'll be utterly painful for Jim to write.

I'm taking suggestions. It can be up to 150 words.

Rickards has a fairly rational position on Bitcoin.
If you have read much of his works, he thinks Bitcoin is a good thing, understands its merits, and the basics of what it is, but he is not (yet) one of us crazy optimists that expect that it will both catch on someday... and that it can also save the world.  Many here take it for granted that it will do both and don't see the very long and embattled road ahead leading toward that goal.  Others are engaged in the sometimes very hard work of moving closer toward that goal.
legendary
Activity: 1764
Merit: 1002
December 06, 2014, 10:00:07 PM
really good discussion on SOV, swaps, wealth transfer, and creative destruction:

https://epicenterbitcoin.com/podcast/055/
legendary
Activity: 1764
Merit: 1002
December 06, 2014, 05:39:09 PM
I know buterin and larimer met up in vegas this yr and larimer convinced buterik about dpos maybe now is when they switch.. another notch under the belt for
bitshares

I see that as a  negative.

Bitshares had had to change itself several times for flawed assumptions. DPOS probably won't be any better than POS. And the fact that Vitalik was meeting with and changing its own model just this summer goes to show just how incoherent their whole concept is a well.
Flawed assumptions? I guess nature is based on flawed assumptions for allowing evolution to happen.

Or it just never works at all.
legendary
Activity: 2044
Merit: 1005
December 06, 2014, 05:19:00 PM
I know buterin and larimer met up in vegas this yr and larimer convinced buterik about dpos maybe now is when they switch.. another notch under the belt for
bitshares

I see that as a  negative.

Bitshares had had to change itself several times for flawed assumptions. DPOS probably won't be any better than POS. And the fact that Vitalik was meeting with and changing its own model just this summer goes to show just how incoherent their whole concept is a well.
Flawed assumptions? I guess nature is based on flawed assumptions for allowing evolution to happen.
legendary
Activity: 1764
Merit: 1002
December 06, 2014, 04:17:41 PM

Gornick keeps having to remind me to stop  accidentally protecting my tweets. Try now.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
December 06, 2014, 04:10:07 PM

"only the priviledged can access my knowledge"-cypherdoc
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
December 06, 2014, 04:02:47 PM

Yup that would be likely the problem. Never was a problem before.  Tongue
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
December 06, 2014, 03:52:53 PM
legendary
Activity: 1764
Merit: 1002
December 06, 2014, 03:45:52 PM



This is gonna be fun... When you buy one of his books on his site, you can get a "custom inscription" which it sounds like Jim personally hand-writes on the book. So I'll be buying one with a personal inscription regarding bitcoin that'll be utterly painful for Jim to write.

I'm taking suggestions. It can be up to 150 words.

lol, I'll get one with "Bitcoin to the moon!" if they ship to Europe affordably.



I'm going to make him write something about how bitcoin is the future of money since it solves gold's tangibility bug. It'll be a fun 150 words.

That would be epic if he had to write it. Maybe special request?  Wink
donator
Activity: 2772
Merit: 1019
December 06, 2014, 02:16:00 PM
I'm going to make him write something about how bitcoin is the future of money since it solves gold's tangibility bug. It'll be a fun 150 words.

Can you run the text by us beforehand and publish a photo afterwards?

I'm not sure he'll write it himself, though:

Quote
Each copy is a hardcover copy and includes a personalization by the author. The perfect gift for friends and relatives, this also makes a great addition to your personal collection. Please specify your desired inscription with each order. (limit of 150 words)

Not sure that 'personalization' is actually the inscription.
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