Author

Topic: Gold collapsing. Bitcoin UP. - page 666. (Read 2032265 times)

hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
November 21, 2014, 03:56:23 PM
I've been looking everywhere for this and someone finally found it for me. Thanks!

That was a brutal demonstration of heavy handedness displayed by those guys, gmax and lukejr. Fortunately, they were proven wrong in the end. The bitcoin.org press center  they were promoting got shot down, Ver got added to Andreas' new site,  and Matonis went on to serve 2y as TBF head. Justice got served.

https://github.com/bitcoin/bitcoin.org/pull/162#issuecomment-17151432

lol, they were not
only you have been proven wrong endless times

Edit:
 - greedy clown
 - stupid idiot getting mad
 - dick


Odalv, you been drinking again?

I like to troll you. You are my favorite clown :-)

Actually, I'd start drinking too if I realized the SC scam I was pushing so hard for was going up in smoke:

http://www.reddit.com/r/Bitcoin/comments/2mxa9s/gavin_andresen_bitcoin_foundation_pivot_wont/cm98ofn

nothing in that link supports your hyperbole.

you look a little panicked cypher. maybe you need to dose your med. this stress is doing you no good.
legendary
Activity: 1764
Merit: 1002
November 21, 2014, 03:49:27 PM
I've been looking everywhere for this and someone finally found it for me. Thanks!

That was a brutal demonstration of heavy handedness displayed by those guys, gmax and lukejr. Fortunately, they were proven wrong in the end. The bitcoin.org press center  they were promoting got shot down, Ver got added to Andreas' new site,  and Matonis went on to serve 2y as TBF head. Justice got served.

https://github.com/bitcoin/bitcoin.org/pull/162#issuecomment-17151432

lol, they were not
only you have been proven wrong endless times

Edit:
 - greedy clown
 - stupid idiot getting mad
 - dick


Odalv, you been drinking again?

I like to troll you. You are my favorite clown :-)

Actually, I'd start drinking too if I realized the SC scam I was pushing so hard for was going up in smoke:

http://www.reddit.com/r/Bitcoin/comments/2mxa9s/gavin_andresen_bitcoin_foundation_pivot_wont/cm98ofn
legendary
Activity: 1414
Merit: 1000
November 21, 2014, 03:42:54 PM
I've been looking everywhere for this and someone finally found it for me. Thanks!

That was a brutal demonstration of heavy handedness displayed by those guys, gmax and lukejr. Fortunately, they were proven wrong in the end. The bitcoin.org press center  they were promoting got shot down, Ver got added to Andreas' new site,  and Matonis went on to serve 2y as TBF head. Justice got served.

https://github.com/bitcoin/bitcoin.org/pull/162#issuecomment-17151432

lol, they were not
only you have been proven wrong endless times

Edit:
 - greedy clown
 - stupid idiot getting mad
 - dick


Odalv, you been drinking again?

I like to troll you. You are my favorite clown :-)
legendary
Activity: 1764
Merit: 1002
November 21, 2014, 03:41:27 PM
I've been looking everywhere for this and someone finally found it for me. Thanks!

That was a brutal demonstration of heavy handedness displayed by those guys, gmax and lukejr. Fortunately, they were proven wrong in the end. The bitcoin.org press center  they were promoting got shot down, Ver got added to Andreas' new site,  and Matonis went on to serve 2y as TBF head. Justice got served.

https://github.com/bitcoin/bitcoin.org/pull/162#issuecomment-17151432

lol, they were not
only you have been proven wrong endless times

Edit:
 - greedy clown
 - stupid idiot getting mad
 - dick


Odalv, you been drinking again?
legendary
Activity: 1764
Merit: 1002
November 21, 2014, 03:39:58 PM
The side chain concept is meritorious in that it generates the innovation of a sort of reversible Proof-of-Burn for new coin emission.
Counterparty used Proof of Burn in their launch, and it seemed the right thing to do at the time, and I still like it, and it worked out.

The notion of "pegging" I think is damaging to the Side Chain effort.  Currency pegs always fail. (Argentina, Greece, China, etc)  They are using a discredited term for something novel that just might not ever fail in some implementations.  It is better than a peg and calling it a peg (or even a 2wp) is too faint of a descriptor.  I'd rather they use a newer more distinguishable term (even "crypto-pegging" would be better).

There are all sorts of problems that this can cause, and all sorts of problems that it can solve.  This thread has been one of the best places to sort through those.  The occasional wacky assertions are also useful.  It helps us realize that we are out here on the edge between what people know and what people don't yet know.

I am not at all certain of what the future of these will be, but this thread does provide some vistas of the possibilities.

some ppl think i have an agenda here.  that's simply not true.

for evidence, look at the title of this thread and its lifetime.  the title distills in 4 words my view of Bitcoin and my vision of how it should relate to the World.  i've poured everything i have into it so it should be no surprise where i stand.

Every ppl here can see what is your agenda. => Your agenda is to throw dirt on Blockstream b/c they are against your profit.

My profit is the bitcoin that I own. In that sense I speak to protect the profits of all Bitcoiners.
legendary
Activity: 1414
Merit: 1000
November 21, 2014, 03:33:41 PM
I've been looking everywhere for this and someone finally found it for me. Thanks!

That was a brutal demonstration of heavy handedness displayed by those guys, gmax and lukejr. Fortunately, they were proven wrong in the end. The bitcoin.org press center  they were promoting got shot down, Ver got added to Andreas' new site,  and Matonis went on to serve 2y as TBF head. Justice got served.

https://github.com/bitcoin/bitcoin.org/pull/162#issuecomment-17151432

lol, they were not
only you have been proven wrong endless times

Edit:
 - greedy clown
 - stupid idiot getting mad
 - dick
legendary
Activity: 1414
Merit: 1000
November 21, 2014, 03:31:55 PM
Blockstream does indeed seem to have some pretty cultish notions.


geezuz krist.  have you ever seen gmax and lukejr behave in certain situations?  they're ridiculous.  techo-commies as JR says.

"geezuz krist" have spoken
legendary
Activity: 1414
Merit: 1000
November 21, 2014, 03:30:59 PM
The side chain concept is meritorious in that it generates the innovation of a sort of reversible Proof-of-Burn for new coin emission.
Counterparty used Proof of Burn in their launch, and it seemed the right thing to do at the time, and I still like it, and it worked out.

The notion of "pegging" I think is damaging to the Side Chain effort.  Currency pegs always fail. (Argentina, Greece, China, etc)  They are using a discredited term for something novel that just might not ever fail in some implementations.  It is better than a peg and calling it a peg (or even a 2wp) is too faint of a descriptor.  I'd rather they use a newer more distinguishable term (even "crypto-pegging" would be better).

There are all sorts of problems that this can cause, and all sorts of problems that it can solve.  This thread has been one of the best places to sort through those.  The occasional wacky assertions are also useful.  It helps us realize that we are out here on the edge between what people know and what people don't yet know.

I am not at all certain of what the future of these will be, but this thread does provide some vistas of the possibilities.

some ppl think i have an agenda here.  that's simply not true.

for evidence, look at the title of this thread and its lifetime.  the title distills in 4 words my view of Bitcoin and my vision of how it should relate to the World.  i've poured everything i have into it so it should be no surprise where i stand.

Every ppl here can see what is your agenda. => Your agenda is to throw dirt on Blockstream b/c they are against your profit.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
November 21, 2014, 03:00:32 PM
Something interesting is happening, for the first time since July 2011 Bitcoin Difficulty is trending negative. (it's a little soon as the feed cost - energy is still well below the market price) 


Well noted. I think the last time this happened proved to be a huge buy signal? (Actually some delay after the difficulty turns up again).
legendary
Activity: 1764
Merit: 1002
November 21, 2014, 02:35:58 PM
I've been looking everywhere for this and someone finally found it for me. Thanks!

That was a brutal demonstration of heavy handedness displayed by those guys, gmax and lukejr. Fortunately, they were proven wrong in the end. The bitcoin.org press center  they were promoting got shot down, Ver got added to Andreas' new site,  and Matonis went on to serve 2y as TBF head. Justice got served.

https://github.com/bitcoin/bitcoin.org/pull/162#issuecomment-17151432

The really sad thing to note here is that those devs never relented to the majority opinion expressed in that GitHub thread. Sirius, the owner of bitcoin.org actually had to be contacted after 2 or so years of being in seclusion to resolve the dispute.

Martti Malmi, aka Sirius. He needs no introduction, but he is somewhat reclusive these days so it's not clear that he'd necessarily appreciate the nomination. Incidentally, he is the owner of the bitcoin.org domain.-Andreas

Sirius was shocked as to how these devs were ruling over his domain and immediately shut down their press center and demurred to Andreas'  new site.

And the other shocker? To this day, gmax sincerely believes he "won" that battle.  
legendary
Activity: 1722
Merit: 1004
November 21, 2014, 02:24:50 PM
Not sure if this was posted yet:
Wences Casares' "What is Bitcoin" piece on LinkedIn?: https://www.linkedin.com/pulse/article/20141120164624-208991-what-is-bitcoin

Good broad perspective as always. Wences and Ted Rogers (both Xapo) put out consistently good bitcoin-as-money pieces. Just gotta help them out in the comments Wink

legendary
Activity: 1764
Merit: 1002
November 21, 2014, 01:48:04 PM
I've been looking everywhere for this and someone finally found it for me. Thanks!

That was a brutal demonstration of heavy handedness displayed by those guys, gmax and lukejr. Fortunately, they were proven wrong in the end. The bitcoin.org press center  they were promoting got shot down, Ver got added to Andreas' new site,  and Matonis went on to serve 2y as TBF head. Justice got served.

https://github.com/bitcoin/bitcoin.org/pull/162#issuecomment-17151432
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
November 21, 2014, 01:16:09 PM
Blockstream has't yet been shown to have engaged in any impropriety arising from the conflicted interests.  How the conflict is managed will be telling.  I like the folks involved, and wish them every success with this.  I have confidence that they will find the right way to handle it.
So far the manner in which they are handling it is not encouraging.

https://www.reddit.com/r/Bitcoin/comments/2mqlcy/why_are_people_so_afraid_of_sidechains/cm6zg25

I take issue with this notion :

Quote
Blockstream now has a $21 million incentive to influence Bitcoin Core in ways that benefit their business model at the expence of other approaches.

How does adding SPVP comes at the expense of other approaches?
legendary
Activity: 1372
Merit: 1000
November 21, 2014, 01:11:56 PM
Something interesting is happening, for the first time since July 2011 Bitcoin Difficulty is trending negative. (it's a little soon as the feed cost - energy is still well below the market price) 
legendary
Activity: 1400
Merit: 1013
November 21, 2014, 01:04:14 PM
Blockstream has't yet been shown to have engaged in any impropriety arising from the conflicted interests.  How the conflict is managed will be telling.  I like the folks involved, and wish them every success with this.  I have confidence that they will find the right way to handle it.
So far the manner in which they are handling it is not encouraging.

https://www.reddit.com/r/Bitcoin/comments/2mqlcy/why_are_people_so_afraid_of_sidechains/cm6zg25
legendary
Activity: 1372
Merit: 1000
November 21, 2014, 12:55:39 PM
Adrian may a great point the other day.

Why haven't all those all star investors in Blockstream invested in BTC, the currency unit, as opposed to a for profit company that stands to make $Billions turning Bitcoin as Money into a WoW trading platform game?

You might argue that they have but i seriously doubt it given the price action and the vocalized uneasiness with Bitcoin as Money that we've already heard from a number of CEO  types over time.  Plus, we know Bitcoin as Money would seriously disrupt alot of these guys empires if it gains a foothold in the currency wars.
Not to belittle the point but I think WoW trading platform is a little bit of a hyperbole.

The reversible proof of burn is an apt description. The problem is if SC add any value why reverse, and if some other form of SC becomes more valuable than Bitcoin, Bitcoin's utility will be limited to that allocation if it absorbed enough of it. The result would prevent Bitcoin from reaching it's full potential.

All businesses seek to find a win win value proposition so they can extract a voluntary tax, seeking regulatory assistance to give one a competitive advantage is an attempt at preventing competition ultimately the goal of the least create is an attempt at getting a monopoly.

With Bitcoin we have for the first time in history a set of immutable laws that are enforced by violently cooperation.

BlockStream are the first company to come along and propose a change to the laws that govern the system.

They don't have a business plan yet they have been given over $20,000,000 to implement a change to the Bitcoin protocol

They are the first business to want to extract wealth from the system without a win win proposition.

Every amazing idea I've heard is a projection of a win win from the community. There is no free lunch in nature just entropy and efficiency, we are on the precipice of an extinction event with Bitcoin, we only need switch out the masters of money for this to happen. SC however impressive and innovative are a threat to the $1,000,000 Bitcoin.

With SC the first amazing idea to eat up the $5B market cap wins.

legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
November 21, 2014, 12:15:43 PM
OR they could reorganize as a non profit.
A business venture that fails is a non-profit. They have zero chance of changing Bitcoin into a decentralized trading platform for speculative tokens even if regulators allow them a double standard against Bitcoin because competition. If they can do it, then a bigger fish will eat their lunch. One after the other they try and they fail to knock Bitcoin off the hill. Hopefull they will at least allow some devs to learn enough to defect and become Bitcoin core devs. Groupthink isn't for everybody. Blockstream does indeed seem to have some pretty cultish notions.


There are some cultists to be sure.  The innovation though, is a positive thing... if it is implemented well and if it can avoid some of the many issues we have surfaced here.  If they are ignored, it could be disastrous.  The cultists and cheerleaders bug me only a little, Bitcoin has no shortage of these.

Sociologically, these cultists also present a risk.  They represent a strategy that is ill-advised in this technology space.  This is why I have recommended here that they moderate their presentation of only the opportunities and not also the risks.

It may be educational to look at some other historical uses of that method of marketing.  
http://en.wikipedia.org/wiki/Embrace,_extend_and_extinguish

Blockstream has't yet been shown to have engaged in any impropriety arising from the conflicted interests.  How the conflict is managed will be telling.  I like the folks involved, and wish them every success with this.  I have confidence that they will find the right way to handle it.

Quote from: Albert Einstein
Whoever is careless with the truth in small matters cannot be trusted with important matters.
legendary
Activity: 1764
Merit: 1002
November 21, 2014, 11:08:45 AM
Blockstream does indeed seem to have some pretty cultish notions.


geezuz krist.  have you ever seen gmax and lukejr behave in certain situations?  they're ridiculous.  techo-commies as JR says.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
November 21, 2014, 10:56:24 AM
OR they could reorganize as a non profit.
A business venture that fails is a non-profit. They have zero chance of changing Bitcoin into a decentralized trading platform for speculative tokens even if regulators allow them a double standard against Bitcoin because competition. If they can do it, then a bigger fish will eat their lunch. One after the other they try and they fail to knock Bitcoin off the hill. Hopefull they will at least allow some devs to learn enough to defect and become Bitcoin core devs. Groupthink isn't for everybody. Blockstream does indeed seem to have some pretty cultish notions.
legendary
Activity: 1764
Merit: 1002
November 21, 2014, 10:56:04 AM
The side chain concept is meritorious in that it generates the innovation of a sort of reversible Proof-of-Burn for new coin emission.
Counterparty used Proof of Burn in their launch, and it seemed the right thing to do at the time, and I still like it, and it worked out.

The notion of "pegging" I think is damaging to the Side Chain effort.  Currency pegs always fail. (Argentina, Greece, China, etc)  They are using a discredited term for something novel that just might not ever fail in some implementations.  It is better than a peg and calling it a peg (or even a 2wp) is too faint of a descriptor.  I'd rather they use a newer more distinguishable term (even "crypto-pegging" would be better).

There are all sorts of problems that this can cause, and all sorts of problems that it can solve.  This thread has been one of the best places to sort through those.  The occasional wacky assertions are also useful.  It helps us realize that we are out here on the edge between what people know and what people don't yet know.

I am not at all certain of what the future of these will be, but this thread does provide some vistas of the possibilities.

some ppl think i have an agenda here.  that's simply not true.

for evidence, look at the title of this thread and its lifetime.  the title distills in 4 words my view of Bitcoin and my vision of how it should relate to the World.  i've poured everything i have into it so it should be no surprise where i stand.
Jump to: