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Topic: HELP CRASH BITCOIN - page 7. (Read 9097 times)

sr. member
Activity: 490
Merit: 250
July 14, 2014, 12:33:16 AM
#65
Seriously, developer's efforts and gains were socialized for zero profit while total d-bags like the winklevii made a killing off of investing with daddy's money.  That is disgusting!!!
sr. member
Activity: 490
Merit: 250
July 14, 2014, 12:31:04 AM
#64

So are you looking at it strictly from an investment standpoint?   Obviously like any speculative investment, there is a chance of losing a portion (or all), of your investment.   If you are looking at it as a way to transact, BTC is something that truly has never been done before.   That is really significant to be a part of that.  

I hate bitcoin from an investment perspective.  I like the technology and math.  The tech has lots of valuable implementations.  I do not think that currency is the best implementation. 

List of things I don't like about bitcoin…

1) exploitation of open source developers for investor profits
2) lack of functionality
3) lack of economic productivity
4) embezzlement, greed, corruption
5) profits are only made from investment of financial capital while labor results in 0 profits
newbie
Activity: 12
Merit: 0
July 14, 2014, 12:20:47 AM
#63
Lol OP keep dreaming. You got to be just trolling? Attention seeking like a little kid...
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
July 14, 2014, 12:16:00 AM
#62
Community,

Promote centralization of the Bitcoin mining network.  It will crash soon after.  

Why should the community do this?  Name one good thing Bitcoin has done for you other than reducing transaction fees.  You can't.  Bitcoin hasn't ended the fed, hasn't fixed the divide of wealth in society, has hindered our economy more than it has helped, has promoted corruption on a massively unprecedented scale…

PROMOTE CENTRALIZATION TO END BITCOIN

https://www.youtube.com/watch?v=armNJPSFOCI

Name one realistic manner in which BTC has hindered our economy.   Obviously it has made a lot of people a lot of money, but most importantly it has opened a whole new door to how money can be stored and used.

If you need to move a large amount of money, you can now do so on a thumbdrive without having to wait for a bankwire, or carry a suitcase full of cash.

embezzlement, fraud, and corruption.  It got many open source developers to work for free which is crap that I hate.  

Not to forget the potential to turn into a ponzi scheme.  When mining is centralized it will be like buying air from a company.  Mining will become centralized!!

When Satoshi and Winklevii dump on you and you realize they invested practically nothing, you will understand

So are you looking at it strictly from an investment standpoint?   Obviously like any speculative investment, there is a chance of losing a portion (or all), of your investment.   If you are looking at it as a way to transact, BTC is something that truly has never been done before.   That is really significant to be a part of that.  
sr. member
Activity: 490
Merit: 250
July 14, 2014, 12:15:10 AM
#61
I think BTC distribution should have restarted at the time of fixing the exploit.  Also, recognize that BTC does have a life cycle and it will die eventually.  I believe we are nearing the end of that life cycle.  All I am asking, whether you adopt my view point of fairness or not, is that community members accelerate the decline of BTC by promoting centralized mining.  

Yes, you think and you have an opinion and you're sharing it.  You are voting by not using the software.  Those who are using it have elected to do so, so they've cast their votes, too.  Why promote centralization in a democratic -- if not at times seemingly anarchic -- community?

And why would someone just suddenly agree to *help destroy a multibillion-dollar market* if they don't agree with you?  Huh

...You sure you've thought this through?  Good luck getting a profiting miner to stop so he can help devalue the currency he just mined Smiley

Mining's natural tendency appears to be towards centralization.  Promoting centralization doesn't require one to stop mining, it actually requires the developers to slowly make changes that will incentivize centralization. 

Developers can and will turn against bitcoin because it gets them to work for free which is total crap.  At the end of the day, open source developers are exploited by investors in the bitcoin community. 
sr. member
Activity: 406
Merit: 250
July 14, 2014, 12:10:23 AM
#60
I will grant the OP has come up with a clever way to antagonize against large mining pools. Kind of tired of the FUD about all of this now.  
legendary
Activity: 1834
Merit: 1020
July 14, 2014, 12:09:22 AM
#59
I think BTC distribution should have restarted at the time of fixing the exploit.  Also, recognize that BTC does have a life cycle and it will die eventually.  I believe we are nearing the end of that life cycle.  All I am asking, whether you adopt my view point of fairness or not, is that community members accelerate the decline of BTC by promoting centralized mining.  

Yes, you think and you have an opinion and you're sharing it.  You are voting by not using the software.  Those who are using it have elected to do so, so they've cast their votes, too.  Why promote centralization in a democratic -- if not at times seemingly anarchic -- community?

And why would someone just suddenly agree to *help destroy a multibillion-dollar market* if they don't agree with you?  Huh

...You sure you've thought this through?  Good luck getting a profiting miner to stop so he can help devalue the currency he just mined Smiley
vip
Activity: 1428
Merit: 1145
July 14, 2014, 12:08:55 AM
#58
Community,

Promote centralization of the Bitcoin mining network.  It will crash soon after.  

Why should the community do this?  Name one good thing Bitcoin has done for you other than reducing transaction fees.  You can't.  Bitcoin hasn't ended the fed, hasn't fixed the divide of wealth in society, has hindered our economy more than it has helped, has promoted corruption on a massively unprecedented scale…

PROMOTE CENTRALIZATION TO END BITCOIN



September 12, 1962: http://en.wikipedia.org/wiki/We_choose_to_go_to_the_Moon

January 27, 1967: http://en.wikipedia.org/wiki/Apollo_1

This crazy shit ain't gonna work! Shut it down!

Now, I'm going to PM Josh and beg him to take down that post.

Fucking with Joshua Zipkin is so much motherfuckin' fun.

The following is the content of what I'm PM'ing fucktard Joshua Zipkin. Bet he posts that as well.




Josh, Please take down that last PM I sent you. If you do, I promise to leave you alone.

Bruno Kucinskas
sr. member
Activity: 490
Merit: 250
July 14, 2014, 12:05:46 AM
#57
But seriously, imagine you were mining in 2010… that reset would have made about a $100,000,000 difference to your life right now!!!

That's not fair!! That's a swindle!!
sr. member
Activity: 490
Merit: 250
July 14, 2014, 12:00:27 AM
#56
I think BTC distribution should have restarted at the time of fixing the exploit.  Also, recognize that BTC does have a life cycle and it will die eventually.  I believe we are nearing the end of that life cycle.  All I am asking, whether you adopt my view point of fairness or not, is that community members accelerate the decline of BTC by promoting centralized mining.  

It's not like I'm out here lying about my true intentions: I want to weaken BTC by promoting centralized mining
newbie
Activity: 41
Merit: 0
July 13, 2014, 11:57:24 PM
#55
Are you fucking serious?
legendary
Activity: 1834
Merit: 1020
July 13, 2014, 11:49:33 PM
#54
Are you this damn stupid OP. Back then, 1 BTC wasnt even worth $1. Gavin was on no one's payroll. There was NO bitcoin foundation. There were no mining companies. It was simply an error which was fixed back in 2010, and they didnt think btc would get to be this big. This is the most useless, troll, thread ever.

the BTC distribution should have restarted by all accounts.  
 

You're overlooking something.  I figured this would be a good-enough comment to quote before you go off into all caps.

The community *did* choose, by a majority vote, to allow Gavin to implement a fix to the protocol.  The fact is that an overwhelming majority of the community seems to trust Gavin.  There have already been plenty of attempts to release Bitcoin clones under a  'more fair' distribution model (e,g, Bytecoin) but none of them have ever gained much traction.

There are literally hundreds of alternatives to Bitcoin, and it's obvious to anyone who's familiar with them that a good number of them are technically superior to Bitcoin in a lot of ways.  For now, Bitcoin seems to be 'good enough' to most people that use it.  Of course it's possible that something far superior could come along -- possibly from a team of professionals supported by a major financial player -- that would clearly out-compete Bitcoin.  But, to date, the community has *always* chosen by selecting the cryptocurrency software of its choice.  There is nothing stopping someone from releasing a fork and promoting it.
sr. member
Activity: 490
Merit: 250
July 13, 2014, 11:45:57 PM
#53
Community,

Promote centralization of the Bitcoin mining network.  It will crash soon after.  

Why should the community do this?  Name one good thing Bitcoin has done for you other than reducing transaction fees.  You can't.  Bitcoin hasn't ended the fed, hasn't fixed the divide of wealth in society, has hindered our economy more than it has helped, has promoted corruption on a massively unprecedented scale…

PROMOTE CENTRALIZATION TO END BITCOIN

https://www.youtube.com/watch?v=armNJPSFOCI

Name one realistic manner in which BTC has hindered our economy.   Obviously it has made a lot of people a lot of money, but most importantly it has opened a whole new door to how money can be stored and used.

If you need to move a large amount of money, you can now do so on a thumbdrive without having to wait for a bankwire, or carry a suitcase full of cash.

embezzlement, fraud, and corruption.  It got many open source developers to work for free which is crap that I hate.  

Not to forget the potential to turn into a ponzi scheme.  When mining is centralized it will be like buying air from a company.  Mining will become centralized!!

When Satoshi and Winklevii dump on you and you realize they invested practically nothing, you will understand
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
July 13, 2014, 11:41:43 PM
#52
Community,

Promote centralization of the Bitcoin mining network.  It will crash soon after. 

Why should the community do this?  Name one good thing Bitcoin has done for you other than reducing transaction fees.  You can't.  Bitcoin hasn't ended the fed, hasn't fixed the divide of wealth in society, has hindered our economy more than it has helped, has promoted corruption on a massively unprecedented scale…

PROMOTE CENTRALIZATION TO END BITCOIN

https://www.youtube.com/watch?v=armNJPSFOCI

Name one realistic manner in which BTC has hindered our economy.   Obviously it has made a lot of people a lot of money, but most importantly it has opened a whole new door to how money can be stored and used.

If you need to move a large amount of money, you can now do so on a thumbdrive without having to wait for a bankwire, or carry a suitcase full of cash.
sr. member
Activity: 490
Merit: 250
July 13, 2014, 11:40:45 PM
#51
WHAT HAPPENED IS THE EQUIVALENT OF ONE GUY HAVING ALL THE GOLD UNTIL ONE DAY IT RAINS GOLD… AND THEN EVERYONE DECIDES TO COLLECT AND DESTROY THE NEW GOLD SO THAT THE ORIGINAL MONOPOLY CAN BE RESTORED

IT MAKES NO SENSE!!!

Do you think that writing in all caps will make more people pay attention to you??? How old are you, 2?  Roll Eyes

Can anyone refute the absurdity of what happened without blaming it on "low prices at the time."  It makes absolutely no sense.  Clearly, Gavin and Satoshi believed in the importance and value of Bitcoin regardless of its market price at the time.  Why else would they be working on it?  They should have restarted from 0 BTC. 
hero member
Activity: 732
Merit: 500
Nosce te Ipsum
July 13, 2014, 11:36:06 PM
#50
WHAT HAPPENED IS THE EQUIVALENT OF ONE GUY HAVING ALL THE GOLD UNTIL ONE DAY IT RAINS GOLD… AND THEN EVERYONE DECIDES TO COLLECT AND DESTROY THE NEW GOLD SO THAT THE ORIGINAL MONOPOLY CAN BE RESTORED

IT MAKES NO SENSE!!!

Do you think that writing in all caps will make more people pay attention to you??? How old are you, 2?  Roll Eyes
legendary
Activity: 1610
Merit: 1000
Well hello there!
July 13, 2014, 11:34:26 PM
#49
I smell a bit of "reverse psychology" at play here :p
hero member
Activity: 732
Merit: 500
Nosce te Ipsum
July 13, 2014, 11:33:49 PM
#48
I love the technology, the decentralized consensus is awesome.  I am a crypto 2.0 developer and see awesome potential in the technology but Bitcoin is not the potential.  This was and is a bubble caused by Fed inflation that will end as soon as mining is centralized.  

My sources are me, my experience, mathematical skill, and implementations of the technology make me a valid source.


I did the math proofs for datacoin's algorithm on the Alt block chains forum in November 2013.  Datacoin is one of the most innovative ledgers out there and it is being used to launch StorJ, the first Crypto 2.0 to hit the market.  

 Shocked
full member
Activity: 322
Merit: 115
We Are The New Wealthy Elite, Gentlemen
July 13, 2014, 11:33:42 PM
#47
PROMOTE CENTRALIZED MINING SO THAT IT WILL CRASH

sr. member
Activity: 490
Merit: 250
July 13, 2014, 11:30:34 PM
#46
PROMOTE CENTRALIZED MINING SO THAT IT WILL CRASH
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