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Topic: Nizk Szabo: "Jihan talks likes an old-style Communist: "markets are unfair"" (Read 897 times)

sr. member
Activity: 868
Merit: 259
I wasnt aware that Roger Ver has also invested in Zcash. No wonder ZEC and Dash have been going up lately. Some followers of his must be buying a lot of both. Do his staunch supporters approve of this? I want to know since many here disapproves of Gregory Maxwell's 70 million in fiat, XMR and ZEC if that is even true.
legendary
Activity: 2674
Merit: 3000
Terminated.
I must say that the last few images are amusing. Where did you find those or are they your own masterpiece?

Jihans isn't saying that the market is unfair, he is saying that the "HF future contract of Bitfinex is very unfair", which is true.

They have designed a contract that cannot be used as a prediction market neither to hedge the risk.
No. The contract is decent, you are just upset that the market values your BTU shitcoin under $300. Roll Eyes

meanwhile gmaxwell has his hands on $70m fiat.
Monero
Zcash
Zcash is a project that Ver is deeply invested in. You have it completely upside down. Cheesy

I agree with Nick but with regards to that image, I don't think owning a lamborghini makes your opinion less valid than anyone else Smiley .
Where would we be if the lambo and lobbying money was spent on development and research..

Primedice spends 0.5BTC+/day to subsidize user withdrawals. Despite this BU is too high risk at this moment which is why I'm personally for Segwit or simply a 8mb size.
8 MB is also overkill and arguably unsafe. I never understood why they went from the clean 2 MB classic HF to 'emergent danger'.
staff
Activity: 4270
Merit: 1209
I support freedom of choice
Jihans isn't saying that the market is unfair, he is saying that the "HF future contract of Bitfinex is very unfair", which is true.

They have designed a contract that cannot be used as a prediction market neither to hedge the risk.

Maybe Nick Szabo didn't either read the contract.
legendary
Activity: 3430
Merit: 3080
I agree with Jihans idea that market is unfair. Stock Market and all markets in the world in unfair and it was never fair since its creation. The fact that we cannot buy any commodity in its real value but the value placed by the merchants.


You're both right and wrong.

It's true that the financial markets oligopoly act like a cartel, annexing regular people off from participating in setting the price of commodities, stocks, bonds and futures.


But don't you see: that's not capitalism. That's a fascist system, where deception, not physical force, has been used to keep the public's life so simple that they don't recognise they're living under something that is not very different in outcome from the communist system, where prices are fixed by the powerful.



Rigged markets are unfair. The free market isn't.


But if the majority of people aren't sufficiently educated to be able to distinguish between a cleverly rigged market and the free market, then IMO they therefore don't yet deserve to have a free market.

I keep saying this: there is no such thing as "rights", except those one establishes for one's self. If you allow others (read: politicians) to both tell you what rights you should expect, and simultaneously let those same people protect those "rights", you will get everything you should expect. And deserve.
hero member
Activity: 994
Merit: 544
I agree with Jihans idea that market is unfair. Stock Market and all markets in the world in unfair and it was never fair since its creation. The fact that we cannot buy any commodity in its real value but the value placed by the merchants. That is how the market works and we cannot but accept that fact. The only thing about Jihan is that he is acting out of his emotions and his ego. If everything went in his favor he would not make such bad critique but since things work out against his side he started spouting out non-sense. I could be meaningful if it wasnt coming from his ego but on his intelligence.
sr. member
Activity: 868
Merit: 259
Roger Ver shills for Mtgox? Interesting...

He was also the person who leaked the whole MtGox "hack" to the public. Mark approached him and the twins before he went public. They knew about this problem before anyone else knew about this, and they had time to get their money out before the whole thing collapsed. < Mby not from MtGox, but out of Bitcoin >

Mark wanted to keep it quite, and were looking for people to "invest" coins to keep it alive, until he would be able to collect enough coins to hide the loses, but Roger and the twins were not buying into that, because the losses were simply to big.

Thats very interesting. When he said MtGox was safe, was that the same time he was already trying to get their money out before the news would blow? If it was then thats very scammy of him to say one thing thats so far from the truth. It would be better to say nothing.
hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
So many interesting info coming up on Roger, for me I think Jihan is only protecting his business interest, this is what happens in a monopoly market but for Roger to see himself being used to promote selfish interest like this is interesting. One thing is certain in life empire do collapse
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
Roger Ver shills for Mtgox? Interesting...

He was also the person who leaked the whole MtGox "hack" to the public. Mark approached him and the twins before he went public. They knew about this problem before anyone else knew about this, and they had time to get their money out before the whole thing collapsed. < Mby not from MtGox, but out of Bitcoin >

Mark wanted to keep it quite, and were looking for people to "invest" coins to keep it alive, until he would be able to collect enough coins to hide the loses, but Roger and the twins were not buying into that, because the losses were simply to big.
legendary
Activity: 4424
Merit: 4794
I would rather not to, but what else are you supposed to do? we let this little freak kiklo spam his bullshit without fighting his propaganda? nope. Fight fire with fire. Im just exposing facts here: quoting industry experts exposing BUcoin. Meanwhile all kiklo's has is Jihan's small dick-big hashrate compensation and Roger Ver pumping shitcoins to reduce BTC % dominance. Sad!

meanwhile gmaxwell has his hands on $70m fiat.
Monero
Zcash

and looking to expand into hyperledger.
and you think that gmaxwells morals of wanting bitcoin in 100% core control. is "decentralised"
and think that gmaxwell morals of REKTing anything diverse and open is "decentralised"..

goodluck with that
newbie
Activity: 15
Merit: 0
i get 1 satoshi yearly from my signature campaign.
Dont you get 0,0007 btc for every your post from bitmixer  Wink
legendary
Activity: 1610
Merit: 1183
this main board is now officially turned to shit!

we have on one hand pereira4 and lots of others, mostly brand new accounts creating topics and comments of child-like insults against anything BU related.

and we have on the other side kiklo and lots of others creating the same thing about SegWit!

and the funny part is that all of these efforts are useless. you lot are only kids fighting each other while everybody else is doing there thing.

i sometimes wonder how old some of you are Cheesy
better tell us how many sathoshis do you have weekly from your accounts in signature campaigns  Wink

i get 1 satoshi yearly from my signature campaign.

did that fix the issue of child-like nonstop-spamming in this board and other boards from all you and ather people's alt accounts? or did that help you grow up and think like an adult Cheesy

I would rather not to, but what else are you supposed to do? we let this little freak kiklo spam his bullshit without fighting his propaganda? nope. Fight fire with fire. Im just exposing facts here: quoting industry experts exposing BUcoin. Meanwhile all kiklo's has is Jihan's small dick-big hashrate compensation and Roger Ver pumping shitcoins to reduce BTC % dominance. Sad!
hero member
Activity: 770
Merit: 500
Bazinga!
this main board is now officially turned to shit!

we have on one hand pereira4 and lots of others, mostly brand new accounts creating topics and comments of child-like insults against anything BU related.

and we have on the other side kiklo and lots of others creating the same thing about SegWit!

and the funny part is that all of these efforts are useless. you lot are only kids fighting each other while everybody else is doing there thing.

i sometimes wonder how old some of you are Cheesy
better tell us how many sathoshis do you have weekly from your accounts in signature campaigns  Wink

i get 1 satoshi yearly from my signature campaign.

did that fix the issue of child-like nonstop-spamming in this board and other boards from all you and ather people's alt accounts? or did that help you grow up and think and behave like an adult Cheesy
newbie
Activity: 15
Merit: 0
this main board is now officially turned to shit!

we have on one hand pereira4 and lots of others, mostly brand new accounts creating topics and comments of child-like insults against anything BU related.

and we have on the other side kiklo and lots of others creating the same thing about SegWit!

and the funny part is that all of these efforts are useless. you lot are only kids fighting each other while everybody else is doing there thing.

i sometimes wonder how old some of you are Cheesy
better tell us how many sathoshis do you have weekly from your accounts in signature campaigns  Wink
hero member
Activity: 770
Merit: 500
Bazinga!
this main board is now officially turned to shit!

we have on one hand pereira4 and lots of others, mostly brand new accounts creating topics and comments of child-like insults against anything BU related.

and we have on the other side kiklo and lots of others creating the same thing about SegWit!

and the funny part is that all of these efforts are useless. you lot are only kids fighting each other while everybody else is doing there thing.

i sometimes wonder how old some of you are Cheesy
newbie
Activity: 15
Merit: 0
Roger Ver shills for Mtgox? Interesting...
legendary
Activity: 3192
Merit: 1279
Primedice.com, Stake.com
I agree with Nick but with regards to that image, I don't think owning a lamborghini makes your opinion less valid than anyone else Smiley . Roger has spent a lot more money campaigning for what he thinks is the best path forward for bitcoin.

Primedice spends 0.5BTC+/day to subsidize user withdrawals. Despite this BU is too high risk at this moment which is why I'm personally for Segwit or simply a 8mb size.


legendary
Activity: 1372
Merit: 1252
If Jihan does not cooperate and keeps menacing with his 51% attack supporting a software that would have caused billions in losses just days ago through a bug, and has already caused billions only in the fear of the possibility of the BU hard fork, he will soon have a ton of useless boxes that generate heat.
legendary
Activity: 1610
Merit: 1183


Pretty much every worth-listening-to figure in the bitcoin word has spoken against delusional JihanCoin hard fork attempt, yet he refuses to cooperate.

BUGcoin is dogshit and has endless bugs, plus it's founded in a flawed concept (EC)

https://www.bloomberg.com/news/articles/2017-03-15/divisive-bitcoin-unlimited-solution-crashes-after-bug-exploit

The nodes get exposed as fake after the BUGcoin exploit.



The bug makes BUcoin the laughing stock of the world, all experts mock it:



Jihan Wu claims he wants to hard fork ASAP, markets react:



Jihan Wu cries about the market being unfair, he gets ridiculed by cryptography legend Nick Szabo:

https://twitter.com/NickSzabo4/status/843585660732694528

All experts including level-headed and always neutral Andreas advocating for the only objective correct solution; segwit first to fix quadratic exploit, blocksize increase later:



While Core devs work hard in better technology, BUcoin Republic prepares their President and Secretary to turn bitcoin into a political machine:



BUcoin is mostly Roger Ver funded, a conman criminal narcissist and tech illiterate, and Jihan Wu, a state-funded chinese agent to deploy the BUcoin trojan horse thought free electricity mining monopoly:




Very sad!



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