Bitcoin infiltrating the minds of our young:
http://www.coindesk.com/top-us-colleges-begin-offering-bitcoin-courses/
Topic: Gold collapsing. Bitcoin UP. - page 978. (Read 2032272 times)
i mean Gold - EUR.
It's really striking how all we ever get from you pos guys are ad hominem attacks instead of real technical responses to a post like Peter's.
Why do you expect technical responses to the post that implies NXT is crap. If you call something that other people value crap, you don't deserve any meaningful response. NXT people don't call Bitcoin crap by the way, they just call it the first stage crypto that bootstraps other crypto technologies. This will be obvious further down the road. Bitcoin is just software, well, there is other software it is in competition with. It's innovate or die.
A technical response is what was sought in the first instance. It was not found. What was found was marketing statements about something that is hoped for (and yes, we all hope for it, we just don't have it yet, at least not from NXT).
1) He didn't call NXT crap, he said the explanation of it was meaningless to him.
2) You added no meaning, so its still meaningless to him. Just promises and hyperbole, and you added a big dose of enmity.
3) There isn't any competition. You either add value or you don't.
4) You are attacking and accusing others of doing so, when they aren't.
5) If you look for enemies everywhere, you will find enemies everywhere.
This is meant to be helpful to you, to assist you in gaining the empathy needed for you to fulfill what appears to be your goal.
If instead your goal is to create NXT haters, carry on as you are doing. Most of us won't form an opinion either way without code to review, but you might trap up some emotional reactions with your negativity and manage to create a few more NXT haters then there were before your posts.
do the POS guys continue to see fail? i don't:
It's really striking how all we ever get from you pos guys are ad hominem attacks instead of real technical responses to a post like Peter's.
Why do you expect technical responses to the post that implies NXT is crap. If you call something that other people value crap, you don't deserve any meaningful response. NXT people don't call Bitcoin crap by the way, they just call it the first stage crypto that bootstraps other crypto technologies. This will be obvious further down the road. Bitcoin is just software, well, there is other software it is in competition with. It's innovate or die.
don't tell me you weren't reading that debate i had with Coinhoarder, et al. he and everyone else was criticizing Bitcoin. he said he could do a 51% attack in a minute if he had enuf money. what a load of BS.
EUR will be equals to dollar soon.
BTC and Gold UP.
BTC and Gold UP.
@this point in the cycle, anything sub 500 is cheap.
it' been my position all along that those walls have in fact been blocking walls, not selling walls.
it' been my position all along that those walls have in fact been blocking walls, not selling walls.
Boom
It's really striking how all we ever get from you pos guys are ad hominem attacks instead of real technical responses to a post like Peter's.
Why do you expect technical responses to the post that implies NXT is crap. If you call something that other people value crap, you don't deserve any meaningful response. NXT people don't call Bitcoin crap by the way, they just call it the first stage crypto that bootstraps other crypto technologies. This will be obvious further down the road. Bitcoin is just software, well, there is other software it is in competition with. It's innovate or die.
Oh, did I just say a blasphemy? I am sorry, didn't mean to hurt your religious feelings
It's really striking how all we ever get from you pos guys are ad hominem attacks instead of real technical responses to a post like Peter's.
Oh, did I just say a blasphemy? I am sorry, didn't mean to hurt your religious feelings
http://www.zerohedge.com/news/2014-09-04/shocking-move-ecb-cuts-10-bps-sends-deposit-rate-further-negative-territory
At today’s meeting the Governing Council of the ECB took the following monetary policy decisions:
*The interest rate on the main refinancing operations of the Eurosystem will be decreased by 10 basis points to 0.05%, starting from the operation to be settled on 10 September 2014.
*The interest rate on the marginal lending facility will be decreased by 10 basis points to 0.30%, with effect from 10 September 2014.
*The interest rate on the deposit facility will be decreased by 10 basis points to -0.20%, with effect from 10 September 2014.
At today’s meeting the Governing Council of the ECB took the following monetary policy decisions:
*The interest rate on the main refinancing operations of the Eurosystem will be decreased by 10 basis points to 0.05%, starting from the operation to be settled on 10 September 2014.
*The interest rate on the marginal lending facility will be decreased by 10 basis points to 0.30%, with effect from 10 September 2014.
*The interest rate on the deposit facility will be decreased by 10 basis points to -0.20%, with effect from 10 September 2014.
Moar black hole bullshit
Kodtycoon and Mr. E: That paper is completely fluff. It reminds me of Nxt's "transparent forging" claim that is supposed to make Nxt robust to "91% attacks" (a statement I think is most likely nonsensical). Don't you find it strange that the real innovations and technical details in bitcoin can be explained at any level of depth that you're interested in, yet many of these "alt-coin innovations" remain hidden and vague in perpetuity? Don't you find it odd that very few of the many bright people here are even interested?
For example, how is James going to implement cross-chain trading (what he calls InstantDEX)? I've heard Nxt advocates talk about trustless cross-chain trading, yet it's generally accepted that it's impossible to transact with external systems/blockchains in a trustless manner. If it's not trustless, but rather "low trust," then a solution using m-of-n oracles is already known. There's never a need for things to be "powered by Nxt." It seems like a ridiculous statement to me.
The alt-coiners don't appreciate the importance of Satoshi's contribution. If bitcoin adoption continues, it will be written about in textbooks for centuries to come. Some of the developers here such as Greg and Gavin will likely be famous historical figures too. The alt-coin sideshow is largely a distraction. I don't want to say that all the alt-coin work is crap, because I think there's a small amount of genuine innovation [for example, I think Cryptonote's ring-signature approach made a contribution, and I think the concept of sophisticated contracts popularized by Ethereum made a contribution too (although I think it's much better executed using m-of-n Oracles as per Gavin's suggestion)]. If the alt-coin community does make a real innovation, we are going to take notice. But to date, the vast majority is either a folly or a scam.
For example, how is James going to implement cross-chain trading (what he calls InstantDEX)? I've heard Nxt advocates talk about trustless cross-chain trading, yet it's generally accepted that it's impossible to transact with external systems/blockchains in a trustless manner. If it's not trustless, but rather "low trust," then a solution using m-of-n oracles is already known. There's never a need for things to be "powered by Nxt." It seems like a ridiculous statement to me.
The alt-coiners don't appreciate the importance of Satoshi's contribution. If bitcoin adoption continues, it will be written about in textbooks for centuries to come. Some of the developers here such as Greg and Gavin will likely be famous historical figures too. The alt-coin sideshow is largely a distraction. I don't want to say that all the alt-coin work is crap, because I think there's a small amount of genuine innovation [for example, I think Cryptonote's ring-signature approach made a contribution, and I think the concept of sophisticated contracts popularized by Ethereum made a contribution too (although I think it's much better executed using m-of-n Oracles as per Gavin's suggestion)]. If the alt-coin community does make a real innovation, we are going to take notice. But to date, the vast majority is either a folly or a scam.
This post is full of butthurt that someone else makes innovations and takes value from Bitcoin and puts it into something else. Well, get used to it, it's gonna happen more and more. Bitcoins act as seed capital, Bitcoins fuel and propel all the other crypto 2.0 technologies, decentralized companies, etc. It makes no sense sitting on Bitcoins. Bitcoins can potentially give you 1-10x returns over the next 5 years, keeping with inflation or not. But crypto 2.0 technologies and decentralized companies stock can potentially give you 10-1000x returns over the same period. There you go, deal with it. Your and Bitcoin's status quo will change whether you want it or not. With or without your participation.
http://www.zerohedge.com/news/2014-09-04/shocking-move-ecb-cuts-10-bps-sends-deposit-rate-further-negative-territory
At today’s meeting the Governing Council of the ECB took the following monetary policy decisions:
*The interest rate on the main refinancing operations of the Eurosystem will be decreased by 10 basis points to 0.05%, starting from the operation to be settled on 10 September 2014.
*The interest rate on the marginal lending facility will be decreased by 10 basis points to 0.30%, with effect from 10 September 2014.
*The interest rate on the deposit facility will be decreased by 10 basis points to -0.20%, with effect from 10 September 2014.
At today’s meeting the Governing Council of the ECB took the following monetary policy decisions:
*The interest rate on the main refinancing operations of the Eurosystem will be decreased by 10 basis points to 0.05%, starting from the operation to be settled on 10 September 2014.
*The interest rate on the marginal lending facility will be decreased by 10 basis points to 0.30%, with effect from 10 September 2014.
*The interest rate on the deposit facility will be decreased by 10 basis points to -0.20%, with effect from 10 September 2014.
Looks like QE is coming, not much room left.
Yeah the ECB and the fed are equally retarded. And the Japanese think: didn't we do that over 20 years ago?
http://www.zerohedge.com/news/2014-09-04/shocking-move-ecb-cuts-10-bps-sends-deposit-rate-further-negative-territory
At today’s meeting the Governing Council of the ECB took the following monetary policy decisions:
*The interest rate on the main refinancing operations of the Eurosystem will be decreased by 10 basis points to 0.05%, starting from the operation to be settled on 10 September 2014.
*The interest rate on the marginal lending facility will be decreased by 10 basis points to 0.30%, with effect from 10 September 2014.
*The interest rate on the deposit facility will be decreased by 10 basis points to -0.20%, with effect from 10 September 2014.
At today’s meeting the Governing Council of the ECB took the following monetary policy decisions:
*The interest rate on the main refinancing operations of the Eurosystem will be decreased by 10 basis points to 0.05%, starting from the operation to be settled on 10 September 2014.
*The interest rate on the marginal lending facility will be decreased by 10 basis points to 0.30%, with effect from 10 September 2014.
*The interest rate on the deposit facility will be decreased by 10 basis points to -0.20%, with effect from 10 September 2014.
Looks like QE is coming, not much room left.
http://www.zerohedge.com/news/2014-09-04/shocking-move-ecb-cuts-10-bps-sends-deposit-rate-further-negative-territory
At today’s meeting the Governing Council of the ECB took the following monetary policy decisions:
*The interest rate on the main refinancing operations of the Eurosystem will be decreased by 10 basis points to 0.05%, starting from the operation to be settled on 10 September 2014.
*The interest rate on the marginal lending facility will be decreased by 10 basis points to 0.30%, with effect from 10 September 2014.
*The interest rate on the deposit facility will be decreased by 10 basis points to -0.20%, with effect from 10 September 2014.
At today’s meeting the Governing Council of the ECB took the following monetary policy decisions:
*The interest rate on the main refinancing operations of the Eurosystem will be decreased by 10 basis points to 0.05%, starting from the operation to be settled on 10 September 2014.
*The interest rate on the marginal lending facility will be decreased by 10 basis points to 0.30%, with effect from 10 September 2014.
*The interest rate on the deposit facility will be decreased by 10 basis points to -0.20%, with effect from 10 September 2014.
Kodtycoon and Mr. E: That paper is completely fluff. It reminds me of Nxt's "transparent forging" claim that is supposed to make Nxt robust to "91% attacks" (a statement I think is most likely nonsensical). Don't you find it strange that the real innovations and technical details in bitcoin can be explained at any level of depth that you're interested in, yet many of these "alt-coin innovations" remain hidden and vague in perpetuity? Don't you find it odd that very few of the many bright people here are even interested?
For example, how is James going to implement cross-chain trading (what he calls InstantDEX)? I've heard Nxt advocates talk about trustless cross-chain trading, yet it's generally accepted that it's impossible to transact with external systems/blockchains in a trustless manner. If it's not trustless, but rather "low trust," then a solution using m-of-n oracles is already known. There's never a need for things to be "powered by Nxt." It seems like a ridiculous statement to me.
The alt-coiners don't appreciate the importance of Satoshi's contribution. If bitcoin adoption continues, it will be written about in textbooks for centuries to come. Some of the developers here such as Greg and Gavin will likely be famous historical figures too. The alt-coin sideshow is largely a distraction. I don't want to say that all the alt-coin work is crap, because I think there's a small amount of genuine innovation [for example, I think Cryptonote's ring-signature approach made a contribution, and I think the concept of sophisticated contracts popularized by Ethereum made a contribution too (although I think it's much better executed using m-of-n Oracles as per Gavin's suggestion)]. If the alt-coin community does make a real innovation, we are going to take notice. But to date, the vast majority is either a folly or a scam.
For example, how is James going to implement cross-chain trading (what he calls InstantDEX)? I've heard Nxt advocates talk about trustless cross-chain trading, yet it's generally accepted that it's impossible to transact with external systems/blockchains in a trustless manner. If it's not trustless, but rather "low trust," then a solution using m-of-n oracles is already known. There's never a need for things to be "powered by Nxt." It seems like a ridiculous statement to me.
The alt-coiners don't appreciate the importance of Satoshi's contribution. If bitcoin adoption continues, it will be written about in textbooks for centuries to come. Some of the developers here such as Greg and Gavin will likely be famous historical figures too. The alt-coin sideshow is largely a distraction. I don't want to say that all the alt-coin work is crap, because I think there's a small amount of genuine innovation [for example, I think Cryptonote's ring-signature approach made a contribution, and I think the concept of sophisticated contracts popularized by Ethereum made a contribution too (although I think it's much better executed using m-of-n Oracles as per Gavin's suggestion)]. If the alt-coin community does make a real innovation, we are going to take notice. But to date, the vast majority is either a folly or a scam.
posts like this are one of the reasons I think that very good form of reasoning could be found, even in the "Speculation" sub forum
In fact I've to say that this thread is a real treasure. Peter I really do appreciate your work here, and more broadly on all other btctalk sections.
Kodtycoon and Mr. E: That paper is completely fluff. It reminds me of Nxt's "transparent forging" claim that is supposed to make Nxt robust to "91% attacks" (a statement I think is most likely nonsensical). Don't you find it strange that the real innovations and technical details in bitcoin can be explained at any level of depth that you're interested in, yet many of these "alt-coin innovations" remain hidden and vague in perpetuity? Don't you find it odd that very few of the many bright people here are even interested?
For example, how is James going to implement cross-chain trading (what he calls InstantDEX)? I've heard Nxt advocates talk about trustless cross-chain trading, yet it's generally accepted that it's impossible to transact with external systems/blockchains in a trustless manner. If it's not trustless, but rather "low trust," then a solution using m-of-n oracles is already known. There's never a need for things to be "powered by Nxt." It seems like a ridiculous statement to me.
The alt-coiners don't appreciate the importance of Satoshi's contribution. If bitcoin adoption continues, it will be written about in textbooks for centuries to come. Some of the developers here such as Greg and Gavin will likely be famous historical figures too. The alt-coin sideshow is largely a distraction. I don't want to say that all the alt-coin work is crap, because I think there's a small amount of genuine innovation [for example, I think Cryptonote's ring-signature approach made a contribution, and I think the concept of sophisticated contracts popularized by Ethereum made a contribution too (although I think it's much better executed using m-of-n Oracles as per Gavin's suggestion)]. If the alt-coin community does make a real innovation, we are going to take notice. But to date, the vast majority is either a folly or a scam.
Well said.For example, how is James going to implement cross-chain trading (what he calls InstantDEX)? I've heard Nxt advocates talk about trustless cross-chain trading, yet it's generally accepted that it's impossible to transact with external systems/blockchains in a trustless manner. If it's not trustless, but rather "low trust," then a solution using m-of-n oracles is already known. There's never a need for things to be "powered by Nxt." It seems like a ridiculous statement to me.
The alt-coiners don't appreciate the importance of Satoshi's contribution. If bitcoin adoption continues, it will be written about in textbooks for centuries to come. Some of the developers here such as Greg and Gavin will likely be famous historical figures too. The alt-coin sideshow is largely a distraction. I don't want to say that all the alt-coin work is crap, because I think there's a small amount of genuine innovation [for example, I think Cryptonote's ring-signature approach made a contribution, and I think the concept of sophisticated contracts popularized by Ethereum made a contribution too (although I think it's much better executed using m-of-n Oracles as per Gavin's suggestion)]. If the alt-coin community does make a real innovation, we are going to take notice. But to date, the vast majority is either a folly or a scam.
tl;dr If you can't dazzle them with your intellect, baffle them with bullshit. NXT is a smoke and ponies show. Satoshi et. al. spent many years developing a working system and so many people are just stealing their thunder rather than standing on their shoulders.
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