Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15131. (Read 26711908 times)
January 07, 2018, 05:30:23 AM
January 07, 2018, 04:57:39 AM
Lightning requires segwit. Which is to say, it will be as worthless as segwit is.
This is one of the most ignorant and myopic statements I have ever seen someone make on these forums.
Sheeeeit !
It is getting very weird here, with strange people invading this post every day with bullsh!t & nonsense. We need a more tyrannical user voting system forum. Where we vote or give a grade to most everyone and those shills will have a label on them: "This users opinion does not matter!" ... That would be great!!! Make the forum great again!!!
I use the "Ignore" button for that purpose.
January 07, 2018, 04:56:36 AM
now satoshi acted in good faith
but he did not understand perfectly what he'd invented and since then his invention overtook him à la pandora's box
...
asciilifeform: mining-is-a-bug(tm)(r)
mircea_popescu: the bricking-of-extant-asics moment edges ever closer.
but he did not understand perfectly what he'd invented and since then his invention overtook him à la pandora's box
...
asciilifeform: mining-is-a-bug(tm)(r)
mircea_popescu: the bricking-of-extant-asics moment edges ever closer.
Last time I checked, it seemed MP et al were hoping a PoW function that requires unbounded memory would rescue them from those who control the ASIC foundaries, but I had pointed out that it can be DoS attacked (because the requirement for memory is unbounded). Even if it worked, it wouldn't resolve the incentives incompatibility of transaction fees. Is there a new epiphany I should be aware of?
MP seems to underestimate the forethought of the Zionists. He's a large whale unaware of the whaling ship and net that will devour him someday. He's serving a useful role though and they'll play along for the time being.
check more often and further back lol. and get more sleep===make more sense
January 07, 2018, 04:50:35 AM
Lightning requires segwit. Which is to say, it will be as worthless as segwit is.
This is one of the most ignorant and myopic statements I have ever seen someone make on these forums.
Sheeeeit !
It is getting very weird here, with strange people invading this post every day with bullsh!t & nonsense. We need a more tyrannical user voting system forum. Where we vote or give a grade to most everyone and those shills will have a label on them: "This users opinion does not matter!" ... That would be great!!! Make the forum great again!!!
January 07, 2018, 04:35:24 AM
now satoshi acted in good faith
but he did not understand perfectly what he'd invented and since then his invention overtook him à la pandora's box
...
asciilifeform: mining-is-a-bug(tm)(r)
mircea_popescu: the bricking-of-extant-asics moment edges ever closer.
but he did not understand perfectly what he'd invented and since then his invention overtook him à la pandora's box
...
asciilifeform: mining-is-a-bug(tm)(r)
mircea_popescu: the bricking-of-extant-asics moment edges ever closer.
Last time I checked, it seemed MP et al were hoping a PoW system that requires unbounded memory would rescue them from those who control the ASIC foundaries, but I had pointed out that it can be DoS attacked (because the requirement for memory is unbounded). Even if it worked, it wouldn't resolve the incentives incompatibility of transaction fees. Is there a new epiphany I should be aware of?
MP seems to underestimate the forethought of the Zionists. He's a large whale unaware of the whaling ship and net that will devour him someday. He's serving a useful role though and they'll play along for the time being.
January 07, 2018, 04:34:39 AM
Even pre-teens and teens use paper currencies around the world on a daily basis, but hell they can't even purchase Bitcoin without being 18+ yrs old and having a drivers license and a bank account first. How about that fkn irony, Satoshi? Should we add an addendum in the white paper for that too?
There is localbitcoins for that. Just putting that out there.Or GPU mining a shitcoin and trade it for bitcoin.
January 07, 2018, 04:19:25 AM
incidentally did you see where MP pointed out some stealing from segwittery, or that the jokechain is mutable, or that pow is conditional?
oh well it's all in the fucking logs
asciilifeform: mining-is-a-bug(tm)(r)
mircea_popescu: the bricking-of-extant-asics moment edges ever closer.
Even the Mining Cartel knew that PoW may be a "bug" rather than a "feature" and hence BCH was created as a hedge against the possibility that the Core team may just decide to brick all those ASIC miners. Then at least they can try to rebrand their pet project as bitcoin thru the definition of having most cumulative work done.
January 07, 2018, 04:10:53 AM
Did everyone here manage to claim/dump their superbitcoin and bitcoindiamond? I figured out the easiest method last night and got a few extra btc for dumping them 
January 07, 2018, 04:09:47 AM
A point of clarification: “Chief Scientist for Bitcoin Unlimited” is an unpaid role?
Bitcoin Unlimited actually has no paid staff (although this may soon change). Many of our developers are paid for their work, but they are paid by other bitcoin advocacy groups and not by BU. I've received offers from other groups to pay me for what I do, but I've always declined. Bitcoin has rewarded me financially more than I could have ever hoped. I want now to help Bitcoin continue to grow so that more people can benefit from Bitcoin.
I wanna thank you for this a lot.
To me BU and other dev teams should be run / funded like wikipedia or wikileaks or is there anything against ?
January 07, 2018, 04:02:53 AM
Is that a bcash train boarding?
January 07, 2018, 03:35:42 AM
Craig Wright even fucked up the probability math in one of his recent nchain whitepapers and had to yank it. Craig isn't Satoshi, but he may be on the Zionist payroll.
Bitcoin was designed to be a reserve currency, not the transactional currency. The onchain scaling is to be achieved with $10,000+ transaction fees to kick the peons offchain. The $billionaires will pay these transaction fees to the Zionist who control the mining and most of the BTC (who the fuck do you think controls Satoshi's stack).
you really think we are this stupid?
Anyone who believes commodification of proof-of-work is not impossible propaganda or who believes Lightning Networks will result in anything other than an oliigarchy for Bitcoin, is ignorant of the technological details. Bitcoin is designed such that it's an insoluble problem w.r.t. to it's centralized control by the Zionists. It's designed to go into their lap no matter what action is taken by the free market.
We're participating in and helping to promote the construction of the 666 system. Cherish the gloating.
now satoshi acted in good faith
but he did not understand perfectly what he'd invented and since then his invention overtook him à la pandora's box
yes, then later btc was captured by an 'oligarchy', although the preferred term is 'republic'
which is grand. democracy and egalitarianism and similar jazzes are for women and children only. deal with it.
incidentally did you see where MP pointed out some stealing from segwittery, or that the jokechain is mutable, or that pow is conditional?
oh well it's all in the fucking logs
asciilifeform: mining-is-a-bug(tm)(r)
mircea_popescu: the bricking-of-extant-asics moment edges ever closer.
January 07, 2018, 03:34:10 AM
United Bitcoin Phase 2 to be distributed “by 24 January”.
January 07, 2018, 03:29:55 AM
I don't know why it's so hard to believe that some people work to grow Bitcoin because they believe in it and want to see it change the world, and do so without getting paid. There are lots of people who work on Bitcoin as volunteers.
If you were intellectually honest, you'd admit there's no way to prevent the oligarchy control of Bitcoin. It's inevitable if not already so behind the veil of mining. Research has shown for example that as the revenue for miners from transaction fees exceed the revenue from the programmed block reward, the incentives change such that it will fork off into an unbounded number of forks. This is because miners then have an incentive to bribe other miners to mine of the block they won, by sharing transaction fees. And the Byzcoin design didn't solve this dilemma. The only way to prevent this outcome is for a (probably surreptitious) oligarchy of mining to form.
And your research for BU was more or less debunked.
It's an insoluble problem as long as the only consensus algorithms are proof-of-work, proof-of-stake, or (a permissioned set of validators for) Byzantine agreement. I've studied this very deeply. Have you Peter?
January 07, 2018, 03:26:05 AM
You don’t work on Bitcoin. And senior members of the Bcash team are not paid in Bcash? 
January 07, 2018, 03:18:43 AM
Yes rightly so and you have never received payment in Bcash either. A noble calling.
You talk your book far too much.
You talk your book far too much.
I don't know why it's so hard to believe that some people work to grow Bitcoin because they believe in it and want to see it change the world, and do so without getting paid. There are lots of people who work on Bitcoin as volunteers.
January 07, 2018, 03:13:55 AM
Yes rightly so and you have never received payment in Bcash either. A noble calling.
You talk your book far too much.
You talk your book far too much.
January 07, 2018, 03:10:46 AM
A point of clarification: “Chief Scientist for Bitcoin Unlimited” is an unpaid role?
Bitcoin Unlimited actually has no paid staff (although this may soon change). Many of our developers are paid for their work, but they are paid by other bitcoin advocacy groups and not by BU. I've received offers from other groups to pay me for what I do, but I've always declined. Bitcoin has rewarded me financially more than I could have ever hoped. I want now to help Bitcoin continue to grow so that more people can benefit from Bitcoin.
January 07, 2018, 03:04:47 AM
lot of really pretty mouths around here
January 07, 2018, 03:03:25 AM
January 07, 2018, 03:03:12 AM
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