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Topic: Gold collapsing. Bitcoin UP. [NooNooPol] (Read 15354 times)

legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
February 10, 2016, 03:42:03 AM
the old commodity or currency dodge, didn't that Ponzi scheme guy from Texas Pirate@40 try the same ruse?

Frappe.Doc is in esteemed company, POS that he is.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
February 09, 2016, 03:10:30 PM
mymy coindesk: http://www.coindesk.com/bankrupt-bitcoin-mining-firm-trustee-seeks-return-of-funds-from-former-promoter/

Quote
By doing so, the court would essentially require that Lowe pay back the 3,000 BTC at today’s rate rather than the value, in dollar terms, when he received it in September 2013




Maybe, maybe not.

Frap.doc has taken my advice to bring in heavy hitting lawyers of his own, rather than his initial plan to represent himself against the Chicago Boys' local lackeys.

If Dr. Frappe loses, I can't wait to find out how the judge justifies retroactively taking his sales commission based on events (ie bankruptcy and BTC price increases) that happened months after his tangential involvement ended.
legendary
Activity: 1260
Merit: 1002
February 09, 2016, 02:26:43 PM
mymy coindesk: http://www.coindesk.com/bankrupt-bitcoin-mining-firm-trustee-seeks-return-of-funds-from-former-promoter/

Quote
By doing so, the court would essentially require that Lowe pay back the 3,000 BTC at today’s rate rather than the value, in dollar terms, when he received it in September 2013


sr. member
Activity: 434
Merit: 250
October 20, 2015, 03:31:59 PM
Good price is quite stable.
donator
Activity: 980
Merit: 1000
October 17, 2015, 06:55:22 PM
This is like Gresham's Law but for lesser fineness in forum members  Grin

We keep the good ones, and spend the debased ones.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
August 30, 2015, 01:09:56 AM


This is only a cheap copy of the original thread for haters, stalkers, warriors and censorship lovers.   Cry
Censorship  Cry
censorship   Angry
censorship   Cry
Censorship   Cry


XT is an alt and thus not on topic in a lot of venues.  Quit being a whiny little cunt.

I don't agree with shutting down cypherdoc's thread, but the action has produced a cornucopia of lulz so I'm at least half glad they did it.

Agree 1000%.  Case in point:

"Hi, we're Mike & Gavin from the government and we're here to help!"

>50% of pools are signalling support for BIP100 (IE ANYTHING BUT XT/BIP101)

ZOMG HALP TEH POOLZ R SENSORING MUH FREE SPEACH!!11!

/Gavintard
hero member
Activity: 546
Merit: 500
Warning: Confrmed Gavinista
August 29, 2015, 08:43:19 AM
Quit being a whiny little cunt.


You stay classy, Blockstream!!

legendary
Activity: 1162
Merit: 1004
August 29, 2015, 01:54:35 AM
Where the bitcoin attackers are coming from is crystal clear, and not only in Russia:

https://bitcointalksearch.org/topic/thoughts-from-russia-on-the-block-size-situation-and-blockstream-1164828
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
August 29, 2015, 01:51:33 AM

Bitcoin is forking, the forum is forking and the Gold thread as well. This is only a cheap copy of the original thread for haters, stalkers, warriors and censorship lovers. The original thread is alive and well.

Censorship is the suppression of speech, public communication or other information which may be considered objectionable, harmful, sensitive, politically incorrect or inconvenient as determined by governments, media outlets, authorities or other groups or institutions.[1]

Governments, private organizations and individuals may engage in censorship. When an individual such as an author or other creator engages in censorship of their own works or speech, it is called self-censorship.


https://en.wikipedia.org/wiki/Censorship#cite_note-1

XT is an alt and thus not on topic in a lot of venues.  Quit being a whiny little cunt.

As I've said before, I don't agree with shutting down cypherdoc's thread, but the action has produced a cornucopia of lulz so I'm at least half glad they did it.

It is also worth note that theymos doesn't run this site for the purposes of giving Bitcoin attackers a platform upon which to do their work.  He is much more tolerant of this when it happens (about 1000 time/day with the XT attack) than most people would be so you should be thanking the guy.

The saddest part is the XT brigade do not see it as an attack but rather a necessary evil to help us ... a lot like

"Hi, we're Mike & Gavin from the government and we're here to help!"
legendary
Activity: 4690
Merit: 1276
August 29, 2015, 01:47:01 AM

Bitcoin is forking, the forum is forking and the Gold thread as well. This is only a cheap copy of the original thread for haters, stalkers, warriors and censorship lovers. The original thread is alive and well.

Censorship is the suppression of speech, public communication or other information which may be considered objectionable, harmful, sensitive, politically incorrect or inconvenient as determined by governments, media outlets, authorities or other groups or institutions.[1]

Governments, private organizations and individuals may engage in censorship. When an individual such as an author or other creator engages in censorship of their own works or speech, it is called self-censorship.


https://en.wikipedia.org/wiki/Censorship#cite_note-1

XT is an alt and thus not on topic in a lot of venues.  Quit being a whiny little cunt.

As I've said before, I don't agree with shutting down cypherdoc's thread, but the action has produced a cornucopia of lulz so I'm at least half glad they did it.

It is also worth note that theymos doesn't run this site for the purposes of giving Bitcoin attackers a platform upon which to do their work.  He is much more tolerant of this when it happens (about 1000 time/day with the XT attack) than most people would be so you should be thanking the guy.

legendary
Activity: 1162
Merit: 1004
August 29, 2015, 01:28:03 AM

Cry  the only force i see is the censorship   Cry

Aww, sad Frap.doc has a sad.   Embarrassed

You really don't understand the enormous difference between moderation and censorship?

Or are you invoking the specter of authoritarianism in a cheap attempt to rationalize your pouting?


Bitcoin is forking, the forum is forking and the Gold thread as well. This is only a cheap copy of the original thread for haters, stalkers, warriors and censorship lovers. The original thread is alive and well.

Censorship is the suppression of speech, public communication or other information which may be considered objectionable, harmful, sensitive, politically incorrect or inconvenient as determined by governments, media outlets, authorities or other groups or institutions.[1]

Governments, private organizations and individuals may engage in censorship. When an individual such as an author or other creator engages in censorship of their own works or speech, it is called self-censorship.


https://en.wikipedia.org/wiki/Censorship#cite_note-1
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
August 28, 2015, 08:40:34 PM

Quote
“the whole ‘Bitcoin’ XT thing is manipulation,” Chun said. “the Bitcoin Core and ‘Bitcoin’ XT issue is political. By introducing ‘Bitcoin’ XT, Gavin Andresen and Mike Hearn are splitting the community. Totalitarianism and dictators cannot co-exist with the free and open-source software spirit.”

Chun’s opposition wasn’t subtle.

Boycott ‘Bitcoin’ XT. Bitcoin Core forever. Gavin Andresen and Mike Hearn should resign,” he said.

 Cheesy Cheesy Cheesy Cheesy

Quote
BitFury CEO Valery Vavilov told Bitcoin Magazine: “The Bitcoin Blockchain is not an amateur project anymore – it is becoming a platform for the Global Economy of Things. Changing the base rules can affect a lot of things, thus, any changes should be done very carefully, gradually, and with tests.”

He added: “The proposed transition to the alternative client raises some concerns about its security: It is well known that key parts of the default Bitcoin Core client were thoroughly checked and sometimes formally verified, which cannot be said about alternative clients – including Bitcoin XT.”

legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
August 28, 2015, 08:31:40 PM

Cry  the only force i see is the censorship   Cry

Aww, sad Frap.doc has a sad.   Embarrassed

You really don't understand the enormous difference between moderation and censorship?

Or are you invoking the specter of authoritarianism in a cheap attempt to rationalize your pouting?

After all your altcoin-hater BS invoking Metcalfe's network effect, you defect and self-isolate on bitco.in's obscure forum for rage-quitters....

Have fun with the dozen or so XT dead-enders on that lost island of misfit Gavinistas!   Cheesy
hero member
Activity: 546
Merit: 500
Warning: Confrmed Gavinista
August 25, 2015, 04:43:17 PM


Quote
“We do support big blocks”

 

Thats the key take away here. Nobody cares who he hates, or who he wants to shove his d into, or who should resign or who should run for president.
 
What he is saying is - "I dont give a shit what your reasons are Core, but give me big blocks or I wont support you..."


Its big blocks all the way, yo.   Grin Grin
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
August 25, 2015, 04:05:49 PM

A dynamic blocksize can outgrow (and disincentivise) whatever spam attack that anyone throws at it. BIP101 has no chance against that.

Dynamic dosn't mean infinite.

Spam attacks won't be infinite either. Go home.

for someone who has been around longer than the Blockstreams shills, you should know better, Blockstream are actively trying to move bitcoin transactions off the Bitcoin blockchain.

Whatever their reasons, lower transaction volume will reduce miners income as block subsidies diminishes, that is a change to the revenue necessary to support the incentive structure inherent in Bitcoin.

now trying to disprove the obvious is disingenuous, we already know that miners are incentivized to mine the smallest blocks possible so we dont need to change Bitcoin at all, we just need to remove the cap.

every thing else is FUD.

Quote
“We do support big blocks if it is implemented in Bitcoin Core. But we believe the whole ‘Bitcoin’ XT thing is manipulation,” Chun said. “While the question whether and how to increase the block-size limit is a technical one, the Bitcoin Core and ‘Bitcoin’ XT issue is political. By introducing ‘Bitcoin’ XT, Gavin Andresen and Mike Hearn are splitting the community. Totalitarianism and dictators cannot co-exist with the free and open-source software spirit.”

Chun’s opposition wasn’t subtle.

“Boycott ‘Bitcoin’ XT. Bitcoin Core forever. Gavin Andresen and Mike Hearn should resign,” he said.

 Cheesy Cheesy Cheesy Cheesy
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
August 25, 2015, 03:40:28 PM

A dynamic blocksize can outgrow (and disincentivise) whatever spam attack that anyone throws at it. BIP101 has no chance against that.

Dynamic dosn't mean infinite.

Spam attacks won't be infinite either. Go home.

for someone who has been around longer than the Blockstreams shills, you should know better, Blockstream are actively trying to move bitcoin transactions off the Bitcoin blockchain.

Whatever their reasons, lower transaction volume will reduce miners income as block subsidies diminishes, that is a change to the revenue necessary to support the incentive structure inherent in Bitcoin.

now trying to disprove the obvious is disingenuous, we already know that miners are incentivized to mine the smallest blocks possible so we dont need to change Bitcoin at all, we just need to remove the cap.

every thing else is FUD.

that's a whole load of stuff I did not state. what was the purpose of saying it in reply to my comment?

Don't mind him. He's panicking.
legendary
Activity: 3430
Merit: 3080
August 25, 2015, 03:31:57 PM

A dynamic blocksize can outgrow (and disincentivise) whatever spam attack that anyone throws at it. BIP101 has no chance against that.

Dynamic dosn't mean infinite.

Spam attacks won't be infinite either. Go home.

for someone who has been around longer than the Blockstreams shills, you should know better, Blockstream are actively trying to move bitcoin transactions off the Bitcoin blockchain.

Whatever their reasons, lower transaction volume will reduce miners income as block subsidies diminishes, that is a change to the revenue necessary to support the incentive structure inherent in Bitcoin.

now trying to disprove the obvious is disingenuous, we already know that miners are incentivized to mine the smallest blocks possible so we dont need to change Bitcoin at all, we just need to remove the cap.

every thing else is FUD.

that's a whole load of stuff I did not state. what was the purpose of saying it in reply to my comment?
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
August 25, 2015, 03:22:08 PM

A dynamic blocksize can outgrow (and disincentivise) whatever spam attack that anyone throws at it. BIP101 has no chance against that.

Dynamic dosn't mean infinite.

Spam attacks won't be infinite either. Go home.

for someone who has been around longer than the Blockstreams shills, you should know better, Blockstream are actively trying to move bitcoin transactions off the Bitcoin blockchain.

Whatever their reasons, lower transaction volume will reduce miners income as block subsidies diminishes, that is a change to the revenue necessary to support the incentive structure inherent in Bitcoin.

now trying to disprove the obvious is disingenuous, we already know that miners are incentivized to mine the smallest blocks possible so we dont need to change Bitcoin at all, we just need to remove the cap.

every thing else is FUD.

FUD

Miners will be able to merge mine sidechains.

"Remove the cap"

You realise how clueless you sound when you say such a thing? You think you figured it out and EVERYONE else is too dumb to understand it !? Well understand there is no support from any sides for lifting the cap completely for absolutely good reasons. So enjoy the crow because your dreams are about to be crushed, repeatedly.

By that I mean:

-XT is DOA
-8MB blocks are DOA
-Blockstream will save the day
-Sidechains will be a resounding success

Enjoy the little time you have left pretending "things are working your way"
legendary
Activity: 1372
Merit: 1000
August 25, 2015, 10:48:48 AM

A dynamic blocksize can outgrow (and disincentivise) whatever spam attack that anyone throws at it. BIP101 has no chance against that.

Dynamic dosn't mean infinite.

Spam attacks won't be infinite either. Go home.

for someone who has been around longer than the Blockstreams shills, you should know better, Blockstream are actively trying to move bitcoin transactions off the Bitcoin blockchain.

Whatever their reasons, lower transaction volume will reduce miners income as block subsidies diminishes, that is a change to the revenue necessary to support the incentive structure inherent in Bitcoin.

now trying to disprove the obvious is disingenuous, we already know that miners are incentivized to mine the smallest blocks possible so we dont need to change Bitcoin at all, we just need to remove the cap.

every thing else is FUD.
hero member
Activity: 546
Merit: 500
Warning: Confrmed Gavinista
August 25, 2015, 06:57:31 AM

You mean kilobytes. And it rarely hits 900 kb, its more like between 300-500, and if it rarely hits 1 mb, oh boy, i dont think a little delay will affect people.

Now to make it more performant i think the 4-8 mb block increase should be appropriate now, simultaneously with some internal payment processors, that can do the dust transactions inhouse (without fee, but centralized) while the big ones would go (with fee, but decentralized) on the blockchain.

XAPO,COINBASE,BITPAY, CIRCLE, etc could/should do it....

Yes, sorry. Not since the days of the zx81 has a kilobyte been so important.!  Smiley

I'm sure that will happen - but it will happen in the context of an open market on the blockchain.
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