Gold collapsing. Bitcoin UP. - page 685.

sickpig

legendary

Activity: 1260

Merit: 1008

Quote from: Peter R on November 15, 2014, 03:39:31 PM

Quote from: NewLiberty on November 15, 2014, 02:56:32 PM

I am not a fan of Gavin's current Max Blocksize proposal.

I've been following your scalability proposal in the Technical Discussion section. You want to see the max block size adjusted based on blockchain feedback (closed loop), whereas Gavin proposes an open-loop solution. One risk with Gavin's solution is that it assumes historical growth rates for internet bandwidth will continue moving forward in time. One risk with your proposal is that it introduces another feedback term into what is surely a nonlinear system (right now the only feedback term is Bitcoin's difficulty adjustment).

By the way, has anyone heard from DeathAndTaxes? I'd love to hear his view on both sidechains and scalability.

me too.

I've just checked his profile and his last login was on October 7th, last post on 29 of August...

Adrian-x

legendary

Activity: 1372

Merit: 1000

Quote from: brg444 on November 18, 2014, 06:00:45 PM

Quote from: Adrian-x on November 18, 2014, 05:57:02 PM

Quote from: brg444 on November 18, 2014, 05:46:32 PM

Quote from: cypherdoc on November 18, 2014, 05:33:38 PM

Quote from: brg444 on November 18, 2014, 05:29:34 PM

Quote from: cypherdoc on November 18, 2014, 05:23:58 PM

Quote from: brg444 on November 18, 2014, 05:20:22 PM

Quote from: cypherdoc on November 18, 2014, 05:11:55 PM

Quote from: justusranvier on November 18, 2014, 05:00:43 PM

Quote from: brg444 on November 18, 2014, 11:53:28 AM

Unlike most detractors in here, Adam Back and Austin Hill's track record speak for themselves.

You're definitely new here, or else you'd recognize that exact same argument has been run by each and every single long-con scammer and ponzi operator going back to Pirate@40 until the present day.

Are you getting paid to discredit Blockstream?

well, another way to look at them is that they both admittedly missed the Bitcoin train in the beginning and only came around in 2013. how visionary is that?

A technology that Adam Back developed is being leveraged in Bitcoin. Austin Hill has been working on zero-knowledge system since before you probably know they existed.

You really want to debate who is the visionary here?

I'd also like to know if you plan to respond to everyone who has thoroughly debunked your claims in the past 3-5 pages

you're a legend in your own mind.

and you're a fraud in your own thread

i'm sure everyone's here to read you then, right?

Me, zerg, Erdogan, molecular, Peter, ZB, NL, notme, even Adrian.

Anyone who hasn't parrotted the same blatantly false assumptions for the last 200 pages despite being proven wrong with multiple people.

Calling someone stupid and telling them they don't get it without a rebuttal doesn't make you correct.
Repeating you position and changing topic doesn't make you smart, sure helps people understand your view but is not perfect far from it it requires more reflection and you could challenge it by assuming most of it isn't fact.

All I here is noise and a lot of it.

All I see in the last few pages are rebuttal to cypher's claims with facts and well opinionated arguments.

It was the same in 2011 people were board with Bitcoin. The SoV idea wasn't clear then people wanted the do something with there BTC it was amazing after all. People came up with lots of innovative ideas and many tested them out and built new tools. They failed not because of the reasons you think. They succeeded in igniting imagination, they failed for many reasons.

All I see is people starting to get a little board, and some amazing imagination ignition, this time it's way more fantastic it solves previous points of failure. Only it doesn't, it requires we give up the previous protocol and adopt new incentives. And I I may not be able to sit it out.

brg444

hero member

Activity: 644

Merit: 504

Bitcoin replaces central, not commercial, banks

Quote from: Adrian-x on November 18, 2014, 05:57:02 PM

Quote from: brg444 on November 18, 2014, 05:46:32 PM

Quote from: cypherdoc on November 18, 2014, 05:33:38 PM

Quote from: brg444 on November 18, 2014, 05:29:34 PM

Quote from: cypherdoc on November 18, 2014, 05:23:58 PM

Quote from: brg444 on November 18, 2014, 05:20:22 PM

Quote from: cypherdoc on November 18, 2014, 05:11:55 PM

Quote from: justusranvier on November 18, 2014, 05:00:43 PM

Quote from: brg444 on November 18, 2014, 11:53:28 AM

Unlike most detractors in here, Adam Back and Austin Hill's track record speak for themselves.

You're definitely new here, or else you'd recognize that exact same argument has been run by each and every single long-con scammer and ponzi operator going back to Pirate@40 until the present day.

Are you getting paid to discredit Blockstream?

well, another way to look at them is that they both admittedly missed the Bitcoin train in the beginning and only came around in 2013. how visionary is that?

A technology that Adam Back developed is being leveraged in Bitcoin. Austin Hill has been working on zero-knowledge system since before you probably know they existed.

You really want to debate who is the visionary here?

I'd also like to know if you plan to respond to everyone who has thoroughly debunked your claims in the past 3-5 pages

you're a legend in your own mind.

and you're a fraud in your own thread

i'm sure everyone's here to read you then, right?

Me, zerg, Erdogan, molecular, Peter, ZB, NL, notme, even Adrian.

Anyone who hasn't parrotted the same blatantly false assumptions for the last 200 pages despite being proven wrong with multiple people.

Calling someone stupid and telling them they don't get it without a rebuttal doesn't make you correct.
Repeating you position and changing topic doesn't make you smart, sure helps people understand your view but is not perfect far from it it requires more reflection and you could challenge it by assuming most of it isn't fact.

All I here is noise and a lot of it.

All I see in the last few pages are rebuttal to cypher's claims with facts and well opinionated arguments.

Adrian-x

legendary

Activity: 1372

Merit: 1000

Quote from: brg444 on November 18, 2014, 05:46:32 PM

Quote from: cypherdoc on November 18, 2014, 05:33:38 PM

Quote from: brg444 on November 18, 2014, 05:29:34 PM

Quote from: cypherdoc on November 18, 2014, 05:23:58 PM

Quote from: brg444 on November 18, 2014, 05:20:22 PM

Quote from: cypherdoc on November 18, 2014, 05:11:55 PM

Quote from: justusranvier on November 18, 2014, 05:00:43 PM

Quote from: brg444 on November 18, 2014, 11:53:28 AM

Unlike most detractors in here, Adam Back and Austin Hill's track record speak for themselves.

You're definitely new here, or else you'd recognize that exact same argument has been run by each and every single long-con scammer and ponzi operator going back to Pirate@40 until the present day.

Are you getting paid to discredit Blockstream?

well, another way to look at them is that they both admittedly missed the Bitcoin train in the beginning and only came around in 2013. how visionary is that?

A technology that Adam Back developed is being leveraged in Bitcoin. Austin Hill has been working on zero-knowledge system since before you probably know they existed.

You really want to debate who is the visionary here?

I'd also like to know if you plan to respond to everyone who has thoroughly debunked your claims in the past 3-5 pages

you're a legend in your own mind.

and you're a fraud in your own thread

i'm sure everyone's here to read you then, right?

Me, zerg, Erdogan, molecular, Peter, ZB, NL, notme, even Adrian.

Anyone who hasn't parrotted the same blatantly false assumptions for the last 200 pages despite being proven wrong with multiple people.

Calling someone stupid and telling them they don't get it without a rebuttal doesn't make you correct.
Repeating you position and changing topic doesn't make you smart, sure helps people understand your view but is not perfect far from it it requires more reflection and you could challenge it by assuming most of it isn't fact.

All I here is noise and a lot of it.

hdbuck

legendary

Activity: 1260

Merit: 1002

Quote from: adaseb on November 18, 2014, 05:42:44 PM

Yes but right now the price of GOLD depends on whats happens to the Gold referendum with the CHF.

Its massive news at the moment.

the referendum is on the 31st no? anyway, could also have 0 impact. referendum lately tend not to be so game changing. scotland's independance for example...

brg444

hero member

Activity: 644

Merit: 504

Bitcoin replaces central, not commercial, banks

Quote from: cypherdoc on November 18, 2014, 05:33:38 PM

Quote from: brg444 on November 18, 2014, 05:29:34 PM

Quote from: cypherdoc on November 18, 2014, 05:23:58 PM

Quote from: brg444 on November 18, 2014, 05:20:22 PM

Quote from: cypherdoc on November 18, 2014, 05:11:55 PM

Quote from: justusranvier on November 18, 2014, 05:00:43 PM

Quote from: brg444 on November 18, 2014, 11:53:28 AM

Unlike most detractors in here, Adam Back and Austin Hill's track record speak for themselves.

You're definitely new here, or else you'd recognize that exact same argument has been run by each and every single long-con scammer and ponzi operator going back to Pirate@40 until the present day.

Are you getting paid to discredit Blockstream?

well, another way to look at them is that they both admittedly missed the Bitcoin train in the beginning and only came around in 2013. how visionary is that?

A technology that Adam Back developed is being leveraged in Bitcoin. Austin Hill has been working on zero-knowledge system since before you probably know they existed.

You really want to debate who is the visionary here?

I'd also like to know if you plan to respond to everyone who has thoroughly debunked your claims in the past 3-5 pages

you're a legend in your own mind.

and you're a fraud in your own thread

i'm sure everyone's here to read you then, right?

Me, zerg, Erdogan, molecular, Peter, ZB, NL, notme, even Adrian.

Anyone who hasn't parrotted the same blatantly false assumptions for the last 200 pages despite being proven wrong multiple time by multiple people.

cbeast

donator

Activity: 1736

Merit: 1014

Let's talk governance, lipstick, and pigs.

Quote from: cypherdoc on November 18, 2014, 05:11:55 PM

Quote from: justusranvier on November 18, 2014, 05:00:43 PM

Quote from: brg444 on November 18, 2014, 11:53:28 AM

Unlike most detractors in here, Adam Back and Austin Hill's track record speak for themselves.

You're definitely new here, or else you'd recognize that exact same argument has been run by each and every single long-con scammer and ponzi operator going back to Pirate@40 until the present day.

Are you getting paid to discredit Blockstream?

well, another way to look at them is that they both admittedly missed the Bitcoin train in the beginning and only came around in 2013. how visionary is that?

That's a very good point, and they still haven't jumped into the fray. Perhaps some old cypherpunks just get tired of fighting the system. Bitcoin needs new blood and sharp minds to build useful tools. I would prefer to see some unity amongst the old vanguard to lead them.

adaseb

legendary

Activity: 3808

Merit: 1723

Yes but right now the price of GOLD depends on whats happens to the Gold referendum with the CHF.

Its massive news at the moment.

hdbuck

legendary

Activity: 1260

Merit: 1002

Quote from: cypherdoc on November 18, 2014, 05:33:38 PM

Quote from: brg444 on November 18, 2014, 05:29:34 PM

Quote from: cypherdoc on November 18, 2014, 05:23:58 PM

Quote from: brg444 on November 18, 2014, 05:20:22 PM

Quote from: cypherdoc on November 18, 2014, 05:11:55 PM

Quote from: justusranvier on November 18, 2014, 05:00:43 PM

Quote from: brg444 on November 18, 2014, 11:53:28 AM

Unlike most detractors in here, Adam Back and Austin Hill's track record speak for themselves.

You're definitely new here, or else you'd recognize that exact same argument has been run by each and every single long-con scammer and ponzi operator going back to Pirate@40 until the present day.

Are you getting paid to discredit Blockstream?

well, another way to look at them is that they both admittedly missed the Bitcoin train in the beginning and only came around in 2013. how visionary is that?

A technology that Adam Back developed is being leveraged in Bitcoin. Austin Hill has been working on zero-knowledge system since before you probably know they existed.

You really want to debate who is the visionary here?

I'd also like to know if you plan to respond to everyone who has thoroughly debunked your claims in the past 3-5 pages

you're a legend in your own mind.

and you're a fraud in your own thread

i'm sure everyone's here to read you then, right?

yawp

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: brg444 on November 18, 2014, 05:29:34 PM

Quote from: cypherdoc on November 18, 2014, 05:23:58 PM

Quote from: brg444 on November 18, 2014, 05:20:22 PM

Quote from: cypherdoc on November 18, 2014, 05:11:55 PM

Quote from: justusranvier on November 18, 2014, 05:00:43 PM

Quote from: brg444 on November 18, 2014, 11:53:28 AM

Unlike most detractors in here, Adam Back and Austin Hill's track record speak for themselves.

You're definitely new here, or else you'd recognize that exact same argument has been run by each and every single long-con scammer and ponzi operator going back to Pirate@40 until the present day.

Are you getting paid to discredit Blockstream?

well, another way to look at them is that they both admittedly missed the Bitcoin train in the beginning and only came around in 2013. how visionary is that?

A technology that Adam Back developed is being leveraged in Bitcoin. Austin Hill has been working on zero-knowledge system since before you probably know they existed.

You really want to debate who is the visionary here?

I'd also like to know if you plan to respond to everyone who has thoroughly debunked your claims in the past 3-5 pages

you're a legend in your own mind.

and you're a fraud in your own thread

i'm sure everyone's here to read you then, right?

brg444

hero member

Activity: 644

Merit: 504

Bitcoin replaces central, not commercial, banks

Quote from: cypherdoc on November 18, 2014, 05:23:58 PM

Quote from: brg444 on November 18, 2014, 05:20:22 PM

Quote from: cypherdoc on November 18, 2014, 05:11:55 PM

Quote from: justusranvier on November 18, 2014, 05:00:43 PM

Quote from: brg444 on November 18, 2014, 11:53:28 AM

Unlike most detractors in here, Adam Back and Austin Hill's track record speak for themselves.

You're definitely new here, or else you'd recognize that exact same argument has been run by each and every single long-con scammer and ponzi operator going back to Pirate@40 until the present day.

Are you getting paid to discredit Blockstream?

well, another way to look at them is that they both admittedly missed the Bitcoin train in the beginning and only came around in 2013. how visionary is that?

A technology that Adam Back developed is being leveraged in Bitcoin. Austin Hill has been working on zero-knowledge system since before you probably know they existed.

You really want to debate who is the visionary here?

I'd also like to know if you plan to respond to everyone who has thoroughly debunked your claims in the past 3-5 pages

you're a legend in your own mind.

and you're a fraud in your own thread

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: brg444 on November 18, 2014, 05:20:22 PM

Quote from: cypherdoc on November 18, 2014, 05:11:55 PM

Quote from: justusranvier on November 18, 2014, 05:00:43 PM

Quote from: brg444 on November 18, 2014, 11:53:28 AM

Unlike most detractors in here, Adam Back and Austin Hill's track record speak for themselves.

You're definitely new here, or else you'd recognize that exact same argument has been run by each and every single long-con scammer and ponzi operator going back to Pirate@40 until the present day.

Are you getting paid to discredit Blockstream?

well, another way to look at them is that they both admittedly missed the Bitcoin train in the beginning and only came around in 2013. how visionary is that?

A technology that Adam Back developed is being leveraged in Bitcoin. Austin Hill has been working on zero-knowledge system since before you probably know they existed.

You really want to debate who is the visionary here?

I'd also like to know if you plan to respond to everyone who has thoroughly debunked your claims in the past 3-5 pages

you're a legend in your own mind.

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: brg444 on November 18, 2014, 05:20:22 PM

Quote from: cypherdoc on November 18, 2014, 05:11:55 PM

Quote from: justusranvier on November 18, 2014, 05:00:43 PM

Quote from: brg444 on November 18, 2014, 11:53:28 AM

Unlike most detractors in here, Adam Back and Austin Hill's track record speak for themselves.

You're definitely new here, or else you'd recognize that exact same argument has been run by each and every single long-con scammer and ponzi operator going back to Pirate@40 until the present day.

Are you getting paid to discredit Blockstream?

well, another way to look at them is that they both admittedly missed the Bitcoin train in the beginning and only came around in 2013. how visionary is that?

A technology that Adam Back developed is being leveraged in Bitcoin. Austin Hill has been working on zero-knowledge system since before you probably know they existed.

You really want to debate who is the visionary here?

I'd also like to know if you plan to respond to everyone who has thoroughly debunked your claims in the past 3-5 pages

well, i recognized Bitcoin for what is was in Jan 2011 and acted on it. there is no debate.

brg444

hero member

Activity: 644

Merit: 504

Bitcoin replaces central, not commercial, banks

Quote from: cypherdoc on November 18, 2014, 05:11:55 PM

Quote from: justusranvier on November 18, 2014, 05:00:43 PM

Quote from: brg444 on November 18, 2014, 11:53:28 AM

Unlike most detractors in here, Adam Back and Austin Hill's track record speak for themselves.

You're definitely new here, or else you'd recognize that exact same argument has been run by each and every single long-con scammer and ponzi operator going back to Pirate@40 until the present day.

Are you getting paid to discredit Blockstream?

well, another way to look at them is that they both admittedly missed the Bitcoin train in the beginning and only came around in 2013. how visionary is that?

A technology that Adam Back developed is being leveraged in Bitcoin. Austin Hill has been working on zero-knowledge system since before you probably know they existed.

You really want to debate who is the visionary here?

I'd also like to know if you plan to respond to everyone who has thoroughly debunked your claims in the past 3-5 pages

brg444

hero member

Activity: 644

Merit: 504

Bitcoin replaces central, not commercial, banks

Quote from: justusranvier on November 18, 2014, 05:00:43 PM

Quote from: brg444 on November 18, 2014, 11:53:28 AM

Unlike most detractors in here, Adam Back and Austin Hill's track record speak for themselves.

You're definitely new here, or else you'd recognize that exact same argument has been run by each and every single long-con scammer and ponzi operator going back to Pirate@40 until the present day.

Are you getting paid to discredit Blockstream?

The same argument were made in reference to whom? Pirate@40? What is Pirate@40's name? How does his track record compare to two very public cypherpunks who have been in the scene for longer than most everybody here

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: justusranvier on November 18, 2014, 05:00:43 PM

Quote from: brg444 on November 18, 2014, 11:53:28 AM

Unlike most detractors in here, Adam Back and Austin Hill's track record speak for themselves.

You're definitely new here, or else you'd recognize that exact same argument has been run by each and every single long-con scammer and ponzi operator going back to Pirate@40 until the present day.

Are you getting paid to discredit Blockstream?

well, another way to look at them is that they both admittedly missed the Bitcoin train in the beginning and only came around in 2013. how visionary is that?

justusranvier

legendary

Activity: 1400

Merit: 1013

Quote from: brg444 on November 18, 2014, 11:53:28 AM

Unlike most detractors in here, Adam Back and Austin Hill's track record speak for themselves.

You're definitely new here, or else you'd recognize that exact same argument has been run by each and every single long-con scammer and ponzi operator going back to Pirate@40 until the present day.

Are you getting paid to discredit Blockstream?

justusranvier

legendary

Activity: 1400

Merit: 1013

Quote from: brg444 on November 18, 2014, 04:52:16 PM

Colored Coins could be good enough for certain applications, just like Open Transactions could be.

Others certainly command a more important level of decentralization.

This is the second time you've referred to the concept of decentralizing with reference to colored coins without explaining exactly what you're talking about, in spite of the fact that what you're saying makes no sense at all.

brg444

hero member

Activity: 644

Merit: 504

Bitcoin replaces central, not commercial, banks

Quote from: Adrian-x on November 18, 2014, 04:45:45 PM

Quote from: brg444 on November 18, 2014, 04:35:06 PM

What exactly do you mean by "if it was made the law".

Legal tender like in 1934

Well fortunately Bitcoin is not physical and is valuable in part exactly because it allows one to avoid such criminal legislations.

brg444

hero member

Activity: 644

Merit: 504

Bitcoin replaces central, not commercial, banks

Quote from: Adrian-x on November 18, 2014, 04:41:25 PM

Quote from: chriswilmer on November 18, 2014, 04:33:01 PM

Quote from: brg444 on November 18, 2014, 04:20:20 PM

Quote from: chriswilmer on November 18, 2014, 04:09:08 PM

Quote from: molecular on November 18, 2014, 02:57:20 PM

Quote from: cypherdoc on November 18, 2014, 02:39:06 PM

why do ppl, including myself, always say that Bitcoin is going to have a binary outcome?

it's b/c they understand that Bitcoin is about Money. Sound fixed supply Money. you know, the Money that has the chance to consume the Forex and gold markets. in that sense, it has the chance to consume the entire fiat world; yes including stocks, bonds, insurance, just by being used as money alone. it doesn't have to incorporate all those speculative assets directly within its protocol using SC's.

As much as a despise of what Gates said (in my words: "the blockchain tech is great, but as a money it's not so good"), you have to admit that the features 'decentralized', 'trustless', 'possibly anonymous' and 'uncensorable' are ones that would also be damn good features for stock exchange / dividend payments / all kinds of derivative gambling, ownership management, etc.

If you want Bitcoin (the money) to conquer these areas and serve them as a liquid interchange money, wouldn't it be brilliant to have a technical solution that would allow some asset ledger (say the land ownership ledger) to interchange value with the money ledger (Bitcoin) and make atomic swaps across the chains possible?

Doesn't colored coins already let you do this? I feel like like people are overcomplicating the problem of using the Bitcoin blockchain for asset transfer.

They do, but they introduce another layer of trust that is considerably less decentralized.

What are you talking about? What's centralized about the colored coin protocol?

the colored coin protocol is too centralized Roll Eyes

with Sidechaines it can be less centralized.

see that white gap in the image below, (thats where Colourd coins would fit) Tongue

this proves Sidechanes are better as they are less centralized.

its all good if you dont know where the economic incentives for the added decentralization comes from. all you need to understand it it can be done with the same or very similar security to that of bitcoin, and miners will do it because they earn more. Wink

its not all good Mr brg444 cant see the large picture.

Colored Coins could be good enough for certain applications, just like Open Transactions could be.

Others certainly command a more important level of decentralization.

Topic: Gold collapsing. Bitcoin UP. - page 685. (Read 2032265 times)