Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15178. (Read 26713548 times)

Not even likely. Ripple is plain simple centralized POS scam, has nothing to do with BTC. It doesn't share the technology, doesn't share the philosophy, it shouldn't even be called the same name "cryptocurrency" as Bitcoin. On the other hand, BCash is real evil attack on Bitcoin.

Actually there was a discussion on dev-mailing-list just a while back on introducing an "intermediate" block using different PoW via soft fork.  So pretty much everything can be done via soft fork.  

There was a discussion on changing block size via soft fork, yep, no need to hard fork to change block size.  There was even a discussion on shortening block interval to have much faster blocks for BTC, via soft fork too, written by none other than Vitalik himself.  But getting those soft forks to activate via miners or even users would be quite a challenge though....

I have decided that Ripple is an attack on Bitcoin the same as Bcash.  They are trying to scare holders into selling by wash trading an appearance of a Flippening with a centrally controlled shitcoin. Don’t fall for it.

Or the miners attack Bitcoin in a substantial way.

Actually, your answer comes off as very credible, like you are not just making shit up.  There is a certain value to sharing personal experiences in threads like these, even if I, personally, am not very likely to attempt your stunt(s).  hahahaha

You know the expression:  "I am going to show you this, but don't try this at home."  hahahaha




Sure.  There is a certain value to "free," and maybe the only cost was your time.. or the skeptical viewpoint that perhaps you are being used in some kind of way.. but yeah, I agree, there is a certain value to "free."


Thanks for the sharing offer.  I really don't have much tolerance for alts, and even if you give me a $million winner, I am likely NOT going to act on it, anyhow.  It is just not in my personality.  

Don't get me wrong.  I am not 100% opposed to alts, because currently, I own about 4 alts that I actually bought and the value of those constitute less than 2% of my total crypto.  Second, I certainly am not against anyone else spending some of their time involved in alts, even if such a practice differs from my own.



Of course, there is some truth to any assessment that a large number of alts went up with crazy vigor in recent times, so there likely is some attribution to both luck and just taking a few chances to identify some of the better ones and even going based on some insider knowledge.  All fair, if you have enough tolerance for such activities.



For some reason, whenever I think of proof of stake, I think of ponzi scheme.  I am not sure why that connection is made in my head, yet I do understand that peeps can make a lot of money, even if something is a ponzi scheme as long as they get in early and out before it crashes.




Actually, I have noticed that money can make money, and if you can generate enough principle, then it may be very possible for you to live off the earnings while preserving the trading capital (principle).  

I don't really like trading very much; however, I have seen my trading practice begin to generate more and more of its own income, and I am thinking that if all other sources of my income were to dry up, at some point, I will likely have enough money that I can just live off the proceeds of my trades - and I am actually attempting to make my trades less and less interactive, so that they are not triggering as often as they were previously.  

Of course, there are a few risks.  One risk is that if the value of whatever you are holding goes down so much, and you do not really have any decent hedges, then you could become kind of fucked if you cannot HODL through the downside volatility, and another risk is the changes in the level of volatility.  I had seen that I was just raking in dough during high volatility periods; however when volatility goes down, then sometimes there can be extended periods in which no orders are being executed  - and I had considered that I am making money as long as orders are being executed, and it really does not matter to me which direction they are executing - and they faster they execute the more money I make - even though carrying my example to the most logical extreme does not make sense because the main way that I make money from downside volatility is if the price "eventually" comes back up.




Hopefully it keeps working for you.  It seems like whatever you are doing is working out, but perhaps there could be some truth to the expression that it is difficult to lose money in a bull market.. and we have been in a bull market regarding a lot of the cryptos in the past couple of years, so hopefully none of us are getting delusional about our own abilities (or lack thereof) when it comes to sustainability or even repeatability under certain less favorable circumstances.



Might not be a bad idea regarding diversification and locking in some profits.


Good if you have more than one way to earn money - yet of course, there are risks with holding and/or managing other people's money, and likely they will become less content, if their portfolio is losing value, and then they will feel like they are overpaying you for your "assistance".  hahahahaha





wheeeeeee, indeeeeeeed.    [strike edited per the __vices of sirazimuth.. hahahahahaha]

Thanks for your elaboration.

They would need to hard fork it. This would never get community consensus though. Think the miners are going to agree to make their ASICS immediately obsolete? (Or forced to mine another SHA256 coin, like BCH.) The only way this is going to fly is if it is discovered the SHA256d algorithm has a vulnerability or commuting power increases to such an extent that solving it becomes trivial.

How hard is it for bitcoin to switch mining algortihms?

It doesn't take a genius to know the whitepaper didn't even make sense when he's making claims like "one cpu one vote" when that was never the case even from day one when Satoshi himself was mining with an entire computer lab. There's only two real ways to look at bitcoin, either as a failed experiment that claims to be decentralized but is designed to centralize, or as a trojan horse to get everyone into a cashless society tracking grid.  

Now you have these guys like Adam Back and Coblee making nonsensical comments claiming that bitcoin is proof of stake and mining doesn't even matter.  The quotes just highlight the fact bitcoin is a failed experiment but they're obssesed with preventing it from dying as it should so we can all go back to actual decentralized money like physical silver, gold, and even copper.  Since all of this garbage is designed to centralize, the only thing that will survive in this sector is federated chains (or chains that are federated where people lie and claim they aren't until the lies stop working).  

Working on and hyping federated chains is just working to help govt and bankers enslave humanity.

ftfy 

PM me at your own risk. I will shill you some alts.

This is probably the end of my gains for now, I'm not going to trade much anymore. I figure 50 BTC is worth $50 million in about 10 years, so that's more than enough for me, even if I end up spending half before we get there. I am still hodling a couple others ... you never know. As Novogratz would say "Bubbles are Bubbles, but you can make money." Shitcoins are still shitcoins, but you can make money.

I also have one billion stack coins if you want... not worth much these days. I hodl'd that to the death of the coin.


Losing the wheeee. It kinda rubbed off on me. Sorry about that.

Fair enough, and congrats on your gains, which, after reading your long reply to JJG, I'm sure are well-deserved.

I'm jealous!

I have a problem separating the conceptual mess of some of these projects from the stone fact that these animals will pump anything with a pulse. Holding Bitcoin is easy. Try holding your nose and buying a pile of STEEMS. It ain't easy.

thanx for that, interesting ....  
lose the "wheeee" tho ..kind of annoying (not you... that idiot spammer that repeats it at the end of all his /her irritating mindless posts)

I agree we are veterans, who have developed stubborness beyond our years, and we don't even want to go upstairs to indulge in the birthday cake that grandma made for us to celebrate our entering into our teendoms.  hahaha

Unfortunately (or fortunately?) I didn't get any Ripple or Stellar. I got other ones instead. (edit: I got free Ripples then turned around and sold them the next day.)

Reviewing the paper. Interesting that this can affect Windows; Windows has System and User controlled Partitions a-la-RSX11/IAS where the various paged and non-paged pools are. That's why drivers run in DRVPAR and user processes are supposed to run in either GEN or one of the other user controlled partitions.

Except that they probably fucked it up and mapped EXECPAR data into the GEN partitions. Those fuckwits...... They could screw up a wet dream at Microsoft if they did that.

(I wonder if they still have a SWPAR for the shuffler. I remember fondly what happens when you swap out the swapper....)

Also if you use chrome, it might be a good idea to turn on site isolation per https://support.google.com/faqs/answer/7622138

Link to do it:

chrome://flags/#enable-site-per-process

https://istheinternetonfire.com/
also amd and arm

Eh, it's like a loose cannonball on a rolling ship. It goes to one side, then the other, sloshing around.

Eventually it will come back to Bitcoin. So let it slosh, it's just more money in the system that can be sent into the coin that matters.

BTC's big problem is they need to get LN working. If there are nodes that need to be run or whatnot I'd be happy to host and help, but that should fix the issue. Ripple: Why would I use some company's script?

C

JJG, you won't like my answer, but I confirm what Rosewater says. To me, they are tools. I avoid the obvious scams, but for example, in roach's eyes, even bitcoin is a scam, sooo....

I did get some free Ripples from a long time ago, sold them all a month later and got maybe a whole bitcoin for it (valued at $500? or something). Can't complain, it was free.

If you want to know which alts I have, send me a PM as that's off topic here. Even the mention of alts (except to joke about them) isn't well liked here. But at the end of the day (or end of the week) I trade those alts back to BTC.

I am not a day trader, nor have any bots. I just buy low and sell high. Sometimes I buy high and sell low, but so far I've been averaging positive. I hold for several weeks or months, so some of these things I got middle of 2017, before everything went up.

I missed the big ones. Got lucky (fate? destiny? right coin at the right time?) with a few, and there are a few very long term hodls I have because I know the dev... (yeah, roach is gonna say this means a centralized coin ....) or the dev knew me and reached out.

I don't like mining, but some of these are POS coins (proof of stake), and a couple of them even have "masternodes" (yeah, not Dash, I wish tho, right, who doesn't want a $1m USD node)...


I'm also currently technically unemployed, and have been for about a couple of years, so I have to survive by spending my bitcoins, and I have to make sure I don't lose too much any gains I make. This forces me to be very careful with my trades, or which ICOs I "donate" to, or which airdrops I join (well, some of them anyway, cuz airdrops are free).

One airdrop back in July? or June? 2017, held the coin for 3 months, then it was going to fork or something so I went on an exchange and my free coins were worth 2 BTC, valued back then at $800, or whatever the price of BTC back in July.

I don't know if it's luck, but it's repeatable, the only problem is, right now, I'm not so sure which particular coins you should repeat it with. I have some bets, and again, I am careful, but I am not a stock picker, I'm not a day trader, I just HODL.

My plan in Feb or March 2018 is to cash out some and go buy some Amazon and Walmart stocks. And maybe a small pile of gold too. I like bars. A couple of 1 oz bars wouldn't be a bad idea to just stick around the house somewhere.

I also help a couple other people to buy some coins, and HODL it for them. (yeah, they trust me) ... since it's their money, they keep the gains, but since I'm the HODLer, I get a small cut.

So ... wheeee?!