Topic: WHY BITCOIN IS JUST A BUBBLE, HUGE FUNDAMENTAL FLAW - page 2. (Read 4032 times)
Lol, are the goons (SomethingAweful) driving the price of bitcoin down so they can get it cheap?
my lack of writing style, lacks your opinion
i knew it ANU! your in it for the dough, not for what bitcoin stands for, satoshi made it so the users could mine, not aspics, therefore wealtth would be evenly ditributed, between the ussers, say hello to the aspics, no longer the case, THINK ABOUT IT
I recognise your (lack of) writing style. It seems a lot of these borderline-insane, rushed, over-animated bear posts are written by the same one or two people either trolling or just trying to get a rise. Are you from SomethingAweful?
Where did he talk about that? That really seems to be antithetical to "peer-to-peer".
it's peer-to-peer but that doesn't mean the infrastructure shouldn't grow up and out of moms' basements.
http://www.mail-archive.com/[email protected]/msg09964.html
https://bitcointalksearch.org/topic/m.558986
Apple started in a garage too. Everything that's intending to be more successful will eventually have to become more professional. Deal with it.
Thank you for the link. Here is what he said: "At first, most users would run network nodes, but as the network grows beyond a certain point, it would be left more and more to specialists with server farms of specialized hardware. A server farm would only need to have one node on the network and the rest of the LAN connects with that one node."
I do not think Satoshi had any vision of ASICs when this was written 5 years ago. He talks about this problem in network traffic and he appears to envision farms to solve that problem though it is NOT clear he is talking about centralized mining in this comment. If I had the chance I'd ask "don't ASICs break Bitcoin by removing the peer-to-peer ideology" and see what his answer is. I bet he thinks it's broken too.
How is an Asic NOT a specialised hardware farm???
As for your assertion as to what Satoshi may or may not think: a) it's irrelevant (both the assertion and his thoughts) and b) it's unfalsifiable...
Where did he talk about that? That really seems to be antithetical to "peer-to-peer".
it's peer-to-peer but that doesn't mean the infrastructure shouldn't grow up and out of moms' basements.
http://www.mail-archive.com/[email protected]/msg09964.html
https://bitcointalksearch.org/topic/m.558986
Apple started in a garage too. Everything that's intending to be more successful will eventually have to become more professional. Deal with it.
Thank you for the link. Here is what he said: "At first, most users would run network nodes, but as the network grows beyond a certain point, it would be left more and more to specialists with server farms of specialized hardware. A server farm would only need to have one node on the network and the rest of the LAN connects with that one node."
I do not think Satoshi had any vision of ASICs when this was written 5 years ago. He talks about this problem in network traffic and he appears to envision farms to solve that problem though it is NOT clear he is talking about centralized mining in this comment. If I had the chance I'd ask "don't ASICs break Bitcoin by removing the peer-to-peer ideology" and see what his answer is. I bet he thinks it's broken too.
smoothies a massive troll, so big of a troll, smoothies bribesthe mods in bitcoins to not ban him, so smoothie can troll some more
How old are you? You sound very childish and are unable to communicate like a sensible person. Don't try to act smarter than you are around here, you're only making a big fool of yourself. You're still young so maybe in a few years you will be able to look back and laugh at how stupid you were.
get ready for this guys. I hope you have seat belts locked.
Op is clearly a newb, this has been discussed ad nauseum in other sections of the forum. Op you have some reading to do...
Yes, that's right, in the last 4 years, people have actually spend significant amounts of time discussing SCALABILITY, and there is even an article on the Wiki about it. Yet you act like you are the first person to think of it. You're SO original.
OMG GUY SGUESS WHAT
I TYPE IN ALL CAPS,
AND ALSO,
BITCOIN WILL FAIL CUZ THERE IS A FUNDAMENTAL FLAW, ITS CALLED 51% ATTACK, ALL U NEED 2 DO IS GET 51% OF HASSHING POWR AND U WIN BITCOIN
NO 1 HAS EVER CONSIDERED THIS B4
Yes, that's right, in the last 4 years, people have actually spend significant amounts of time discussing SCALABILITY, and there is even an article on the Wiki about it. Yet you act like you are the first person to think of it. You're SO original.
OMG GUY SGUESS WHAT
I TYPE IN ALL CAPS,
AND ALSO,
BITCOIN WILL FAIL CUZ THERE IS A FUNDAMENTAL FLAW, ITS CALLED 51% ATTACK, ALL U NEED 2 DO IS GET 51% OF HASSHING POWR AND U WIN BITCOIN
NO 1 HAS EVER CONSIDERED THIS B4
smoothies a massive troll, so big of a troll, smoothies bribesthe mods in bitcoins to not ban him, so smoothie can troll some more
hark who's talking.
Where did he talk about that? That really seems to be antithetical to "peer-to-peer".
it's peer-to-peer but that doesn't mean the infrastructure shouldn't grow up and out of moms' basements.
http://www.mail-archive.com/[email protected]/msg09964.html
https://bitcointalksearch.org/topic/m.558986
Apple started in a garage too. Everything that's intending to be more successful will eventually have to become more professional. Deal with it.
yeh i would like to know where satoshi says that also, defeats the object
smoothies a massive troll, so big of a troll, smoothies bribesthe mods in bitcoins to not ban him, so smoothie can troll some more
no, Satoshi talked from the very early on that mining would happen in specialized data centers over time.
Where did he talk about that? That really seems to be antithetical to "peer-to-peer".
i only have 2 doctoral PHD, a masters, and can juggle 10 balls at once
You should sue somebody. Those years of schooling haven't helped you gain any common sense. lolWhile this post is funny, I received a 7 day ban for sharing a picture of a gutted cat, how do you not get banned for trolling Smoothie?
Your logic is flawed. I'd post more but smoothie already did.
I got this.
Your logic is flawed. I'd post more but smoothie already did.
c'mon, is this dude proudhon or what?
Hey - proudhon is a bull these days.
But watch out - this nkspace guy has FIVE DICKS!
Quote
i only have 2 doctoral PHD, a masters, and can juggle 10 balls at once
So we're all pretty much outclassed...
no, Satoshi talked from the very early on that mining would happen in specialized data centers over time.
And when you become so rich with Bitcoin appreciating to a value so high that it's worthwhile to bulid specialized datacenters to mine them, it's not that extraordinary for some of you to come together and build such a datacenter to protect the network and your own wealth.
Seems like a bit of a waste on a thread like this, but isn't rpietila discussing this same idea, and calling it "supernodes"?
no, Satoshi talked from the very early on that mining would happen in specialized data centers over time.
And when you become so filthy rich with Bitcoin appreciating to a value so high that it's worthwhile to bulid specialized datacenters to mine them, it's not that extraordinary for some of you to come together and build such a datacenter to protect the network and your own wealth.
i only have 2 doctoral PHD, a masters, and can juggle 10 balls at once
Doctoral PHD, as opposed to that other kind
One of them is NOT in English.
satoshi also abandoned bitcoin , why ? becouse he knew how annoying bulls would be, probably stalk him, sniff his underwear and stuff,
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