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Why Peter Rs Fee Market Wont Work Bitcoin Discussion
Hi many people like Peter Rs presentation about fee market. I disagree with him…
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n/a | johnyj | January 23, 2016, 02:40:18 AM |
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Keeping 1MB forever seems like a hunger marketing scheme Bitcoin Discussion
"More and more business are using the hunger marketing strategy as it is simple…
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n/a | johnyj | January 23, 2016, 02:03:30 AM |
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"We know that Bitcoin itself is a complete failure ..." -chief economist at Citi Bitcoin Discussion
-Citibank- It's a valid point, to reduce the risk of it being hacked, the design…
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n/a | johnyj | January 22, 2016, 07:44:11 PM |
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Paypal is growing faster than Bitcoin Bitcoin Discussion
This is similar to say: The number of people travel by train is growing faster t…
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n/a | johnyj | January 22, 2016, 07:40:00 PM |
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Will you keep block size at 1MB if that makes bitcoin value rise? Bitcoin Discussion
If you study the case from the view of money supply theory, there is MV=PQ formu…
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n/a | johnyj | January 22, 2016, 07:06:58 PM |
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Will you keep block size at 1MB if that makes bitcoin value rise? Bitcoin Discussion
This thread has been distracted a lit into the more practical questions, back to…
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n/a | johnyj | January 22, 2016, 12:58:33 PM |
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Paypal is growing faster than Bitcoin Bitcoin Discussion
This is similar to say: The number of people travel by train is growing faster t…
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n/a | johnyj | January 22, 2016, 12:09:06 PM |
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Apparently Chinese Mining Pools are sticking with Core! :) Bitcoin Discussion
I heard that is a fake news and the fact that someone is spreading fake news ind…
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n/a | johnyj | January 22, 2016, 03:51:11 AM |
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Bitcoin is not democratic Bitcoin Discussion
The purpose of democracy is still for centralized management, but bitcoin is the…
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n/a | johnyj | January 22, 2016, 01:13:20 AM |
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Apparently Chinese Mining Pools are sticking with Core! :) Bitcoin Discussion
I heard that is a fake news and the fact that someone is spreading fake news ind…
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n/a | johnyj | January 21, 2016, 10:43:17 PM |
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The Lightning Network Reality Check Bitcoin Discussion
Update: Your last part is FUD. Quote Lauda: incorrect; double spending rules are…
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n/a | johnyj | January 21, 2016, 11:38:47 AM |
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The Lightning Network Reality Check Bitcoin Discussion
LN's behavior change is the payment channel, it requires certain bitcoin to open…
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n/a | johnyj | January 20, 2016, 11:12:55 PM |
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I feel pity for bitcoin Bitcoin Discussion
Gavin is radical but I have to admit he is objective most of the time: Hearn is…
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n/a | johnyj | January 20, 2016, 10:40:20 PM |
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The Lightning Network Reality Check Bitcoin Discussion
There is a common sense in decision making process of financial products: Risk a…
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n/a | johnyj | January 20, 2016, 09:17:46 PM |
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Bitcoin devs discuss changing PoW to exclude ASICs Bitcoin Discussion
Bitcoin's value is basically decided by its mining cost, if you change to anothe…
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n/a | johnyj | January 20, 2016, 02:07:51 AM |
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Washington Post Writer Says People Loyal to Bitcoin are "Greedy and Stupid" Bitcoin Discussion
Same could be said for fiat Loyalists, humans are all greedy and stupid for sure…
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n/a | johnyj | January 19, 2016, 11:02:22 PM |
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Mempool full, spam/stress test on Bitcoin this day. Bitcoin Discussion
This depends on the filtering rules that nodes use.Let it be full and see what h…
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n/a | johnyj | January 19, 2016, 10:59:00 PM |
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Mempool full, spam/stress test on Bitcoin this day. Bitcoin Discussion
Let it be full and see what happens
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n/a | johnyj | January 19, 2016, 06:07:45 PM |
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The Lightning Network Reality Check Bitcoin Discussion
After all, the ability to do transaction on chain is only attractive for people…
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n/a | johnyj | January 19, 2016, 05:23:11 PM |
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"Bitcoin Classic" is a classic attempt at a hostile takeover Bitcoin Discussion
I'm almost sure those remittance companies all speculate on FOREX to maximize th…
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n/a | johnyj | January 19, 2016, 02:49:39 PM |
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"Bitcoin Classic" is a classic attempt at a hostile takeover Bitcoin Discussion
Many remittance startups learned that Bitcoin is, indeed, an *expensive* way to…
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n/a | johnyj | January 19, 2016, 12:08:13 PM |
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"Bitcoin Classic" is a classic attempt at a hostile takeover Bitcoin Discussion
Many remittance startups learned that Bitcoin is, indeed, an *expensive* way to…
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n/a | johnyj | January 19, 2016, 11:56:32 AM |
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"Bitcoin Classic" is a classic attempt at a hostile takeover Bitcoin Discussion
In the end, it is still miners decide, since they hold hash power, and most of t…
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n/a | johnyj | January 19, 2016, 11:41:11 AM |
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Keep Calm And Bitcoin On | Valery Vavilov, Co-founder Bitfury Bitcoin Discussion
Fact 1# it has obsoleted everything I think Fact 1# is quite accurate, trying t…
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n/a | johnyj | January 19, 2016, 09:27:47 AM |
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Keep Calm And Bitcoin On | Valery Vavilov, Co-founder Bitfury Bitcoin Discussion
https://medium.com/@BitFuryGroup/keep-calm-and-bitcoin-on-4f29d581276#.dz7yrygg0…
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n/a | johnyj | January 19, 2016, 01:51:45 AM |
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How to solve "one-size-fits-all" problem of transaction fee Bitcoin Discussion
tell the rich bankers to use liquid coin.. and leave bitcoin to the freedom love…
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n/a | johnyj | January 18, 2016, 07:58:49 PM |
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How to solve "one-size-fits-all" problem of transaction fee Bitcoin Discussion
Today, it costs the same to transact 1000 bitcoin or 0.01 bitcoin, since you hav…
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n/a | johnyj | January 18, 2016, 02:45:17 PM |
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ToominCoin aka "Bitcoin_Classic" #R3KT Bitcoin Discussion
Because this is a consensus based community, anything that is more complex than…
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n/a | johnyj | January 18, 2016, 01:44:21 PM |
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ToominCoin aka "Bitcoin_Classic" #R3KT Bitcoin Discussion
There is still this one-size-fit-all problem, e.g. it costs the same to do large…
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n/a | johnyj | January 18, 2016, 12:24:45 PM |
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ToominCoin aka "Bitcoin_Classic" #R3KT Bitcoin Discussion
So far the mempool has not shown any abnormal growth, comparing with the spam at…
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n/a | johnyj | January 18, 2016, 11:49:30 AM |
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ToominCoin aka "Bitcoin_Classic" #R3KT Bitcoin Discussion
You can't have 100% full block unless the mempool is always full, and even if th…
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n/a | johnyj | January 18, 2016, 11:41:09 AM |
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ToominCoin aka "Bitcoin_Classic" #R3KT Bitcoin Discussion
Because this is a consensus based community, anything that is more complex than…
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n/a | johnyj | January 17, 2016, 11:43:39 PM |
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How much block size we need to replace visa transactions? Bitcoin Discussion
My question is simple. How much block size we need to have transactions like vis…
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n/a | johnyj | January 17, 2016, 11:26:27 PM |
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Will you keep block size at 1MB if that makes bitcoin value rise? Bitcoin Discussion
People who want low fee will seek centralized service hub and those who want to…
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n/a | johnyj | January 17, 2016, 10:10:38 PM |
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Will you keep block size at 1MB if that makes bitcoin value rise? Bitcoin Discussion
The lower miners fee advantage, will soon be eliminated by the implementation of…
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n/a | johnyj | January 17, 2016, 10:30:25 PM |
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Will you keep block size at 1MB if that makes bitcoin value rise? Bitcoin Discussion
ok continuing your analogy by sticking to a 1 lane road(1mb block) roadworkers(m…
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n/a | johnyj | January 17, 2016, 12:25:02 AM |
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Will you keep block size at 1MB if that makes bitcoin value rise? Bitcoin Discussion
From the beginning, few people are living in the building so it costs little to…
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n/a | johnyj | January 16, 2016, 08:55:17 PM |
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Will you keep block size at 1MB if that makes bitcoin value rise? Bitcoin Discussion
Geez how thick are you? Price is tanking because hearn just revealed bitcoin isn…
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n/a | johnyj | January 16, 2016, 08:06:39 PM |
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Will you keep block size at 1MB if that makes bitcoin value rise? Bitcoin Discussion
Suppose I own a building and have some tenants living there. I know there is a d…
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n/a | johnyj | January 16, 2016, 02:33:53 PM |
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Will you keep block size at 1MB if that makes bitcoin value rise? Bitcoin Discussion
2MB will make it rise, not artificial 1MB. in the long run we need some flex-cap…
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n/a | johnyj | January 16, 2016, 12:51:34 PM |
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Will you keep block size at 1MB if that makes bitcoin value rise? Bitcoin Discussion
Geez how thick are you? Price is tanking because hearn just revealed bitcoin isn…
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n/a | johnyj | January 16, 2016, 12:48:12 PM |
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Will you keep block size at 1MB if that makes bitcoin value rise? Bitcoin Discussion
2MB will make it rise, not artificial 1MB. in the long run we need some flex-cap…
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n/a | johnyj | January 16, 2016, 12:29:50 PM |
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Will you keep block size at 1MB if that makes bitcoin value rise? Bitcoin Discussion
Geez how thick are you? Price is tanking because hearn just revealed bitcoin isn…
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n/a | johnyj | January 16, 2016, 03:56:08 AM |
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Will you keep block size at 1MB if that makes bitcoin value rise? Bitcoin Discussion
Of course keeping the block size at 1MB will make the transaction more and more…
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n/a | johnyj | January 15, 2016, 06:21:56 PM |
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Bad Day for Bitcoin. Cryptsy finally admitted theft and Mike Hearn tells truth Bitcoin Discussion
The most interesting thing is to watch the transactions and see if many people s…
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n/a | johnyj | January 15, 2016, 12:48:37 PM |
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Could the Current Block Size Sustain the next Bubble? Development & Technical Discussion
Also, you'll note that I do mine on P2Pool I'm sure you are one of those IT expe…
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n/a | johnyj | January 15, 2016, 12:05:20 PM |
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Gavineries Bitcoin Discussion
Gavineries by johnyj
Paranoid atmosphere here is healthy, better than risk taken gamblers
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n/a | johnyj | January 15, 2016, 02:00:18 AM |
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Could the Current Block Size Sustain the next Bubble? Development & Technical Discussion
Also, you'll note that I do mine on P2Pool I'm sure you are one of those IT expe…
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n/a | johnyj | January 15, 2016, 01:43:57 AM |
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"Bitcoin is Dead" - Mike Hearn Bitcoin Discussion
A more detailed explanation here:https://medium.com/@octskyward/the-resolution-o…
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n/a | johnyj | January 15, 2016, 12:55:55 AM |
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What will happen with the Bitcoin price after the halving on 07-17-2016? Speculation
Since mining decide the lowest possible cost to acquire bitcoin, if the mining c…
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n/a | johnyj | January 14, 2016, 11:40:13 PM |
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Who here has made a lot of money from bitcoin? Bitcoin Discussion
Trying to profit from price movement is just like gambling, sometimes you win, s…
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n/a | johnyj | January 14, 2016, 11:22:13 PM |
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What if there is nomore coins to mine? Bitcoin Discussion
I like bitcoin for the ease of transacting. If we need sufficiently higher fees…
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n/a | johnyj | January 14, 2016, 07:43:30 PM |
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Warren Buffet buying bitcoin? Bitcoin Discussion
When Buffet's share has lost half of its value during financial crisis, it was h…
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n/a | johnyj | January 14, 2016, 07:05:27 PM |
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Do you still believe in bitcoin Off-topic
Bitcoin is the only digital asset which have limited and scheduled supply, so it…
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n/a | johnyj | January 14, 2016, 12:41:02 PM |
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Could the Current Block Size Sustain the next Bubble? Development & Technical Discussion
With the exception of the potential of LN, sounds like a bunch of trusted 3rd pa…
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n/a | johnyj | January 14, 2016, 12:14:03 PM |
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Could the Current Block Size Sustain the next Bubble? Development & Technical Discussion
In my opinion, all the solutions either on chain or off chain are equally workin…
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n/a | johnyj | January 14, 2016, 11:42:44 AM |
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Gavineries Bitcoin Discussion
Gavineries by johnyj
I think people should have a clear understanding that a fork without major conse…
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n/a | johnyj | January 14, 2016, 12:53:21 AM |
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Mining cost $9.51 per transaction! Economics
Yes, at the moment transaction fees are not high enough to cover mining operatio…
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n/a | johnyj | January 13, 2016, 08:05:39 PM |
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Could someone explain what is happening with Bitcoin development? Bitcoin Discussion
In real world example it is like one party controls the senate and another party…
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n/a | johnyj | January 13, 2016, 07:13:38 PM |
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Have you used Bitcoin as Real money to buy Real/physical goods? Bitcoin Discussion
I have tried a couple of times spending bitcoin to purchase some electronic comp…
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n/a | johnyj | January 13, 2016, 06:54:01 PM |
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The Chinese firewall and Bitcoin split Bitcoin Discussion
I'm not sure if a mining node must physically exists in chinaTake pooled mining…
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n/a | johnyj | January 12, 2016, 09:39:28 PM |
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Some good concerns against bitcoin Bitcoin Discussion
The only from that list that I'm concerned about at all as realistic problems fo…
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n/a | johnyj | January 13, 2016, 03:14:37 AM |
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Some good concerns against bitcoin Bitcoin Discussion
I think mining income is the most important incentive that has to be maintained,…
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n/a | johnyj | January 13, 2016, 03:06:18 AM |
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Could someone explain what is happening with Bitcoin development? Bitcoin Discussion
Why we have Bitcoin Ultimate, XT, Classic? What does it mean for normal bitcoin?…
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n/a | johnyj | January 13, 2016, 02:48:42 AM |
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Some good concerns against bitcoin Bitcoin Discussion
I think mining income is the most important incentive that has to be maintained,…
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n/a | johnyj | January 13, 2016, 02:28:46 AM |
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Some good concerns against bitcoin Bitcoin Discussion
The only from that list that I'm concerned about at all as realistic problems fo…
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n/a | johnyj | January 12, 2016, 10:53:53 PM |
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Some good concerns against bitcoin Bitcoin Discussion
6. The lack of a central authority prevents the protocol from progressing.“Bitco…
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n/a | johnyj | January 12, 2016, 10:57:23 PM |
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Some good concerns against bitcoin Bitcoin Discussion
And also a worth reading white paper from ARKhttp://research.ark-invest.com/bitc…
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n/a | johnyj | January 12, 2016, 10:34:38 PM |
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Some good concerns against bitcoin Bitcoin Discussion
This is a good article with lots of research and observationhttp://www.forbes.co…
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n/a | johnyj | January 12, 2016, 10:11:39 PM |
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Mining cost $9.51 per transaction! Economics
https://blockchain.info/stats shows that during last 24hrs Total Miners Revenue…
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n/a | johnyj | January 12, 2016, 09:08:44 PM |
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[poll] What do you currently use Bitcoin for? Bitcoin Discussion
It will be good to have the word "mostly" or "mainly" to see the focusAs a local…
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n/a | johnyj | January 12, 2016, 04:36:41 PM |
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Can Bitcoin make Banks disappear? Bitcoin Discussion
I think average people's intelligence has not reached a level that they can live…
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n/a | johnyj | January 12, 2016, 04:26:43 PM |
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Analysis and list of top big blocks shills (XT #REKT ignorers) Bitcoin Discussion
Can't belive this thread is hotter than that Wall observer thread
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n/a | johnyj | January 12, 2016, 12:27:41 PM |
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Analysis and list of top big blocks shills (XT #REKT ignorers) Bitcoin Discussion
The only way to truly determine whether big blocks or reduced utility will kill…
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n/a | johnyj | January 12, 2016, 11:23:18 AM |
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Analysis and list of top big blocks shills (XT #REKT ignorers) Bitcoin Discussion
Mining nodes are all already in data centres. We are already far past this point…
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n/a | johnyj | January 12, 2016, 10:44:22 AM |
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Analysis and list of top big blocks shills (XT #REKT ignorers) Bitcoin Discussion
Mining nodes are all already in data centres. We are already far past this point…
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n/a | johnyj | January 11, 2016, 07:33:57 PM |
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Analysis and list of top big blocks shills (XT #REKT ignorers) Bitcoin Discussion
If the blocks become larger it implies that there is increased adoption and use…
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n/a | johnyj | January 11, 2016, 07:15:42 PM |
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Analysis and list of top big blocks shills (XT #REKT ignorers) Bitcoin Discussion
If the blocks become larger it implies that there is increased adoption and use…
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n/a | johnyj | January 11, 2016, 06:53:53 PM |
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Is your bitcoin safe in cold wallet? Bitcoin Discussion
so this is just a bunch of silly no-sense, because in th remote case this is tru…
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n/a | johnyj | January 11, 2016, 03:45:32 PM |
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Analysis and list of top big blocks shills (XT #REKT ignorers) Bitcoin Discussion |
n/a | johnyj | January 11, 2016, 03:35:15 PM |
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Analysis and list of top big blocks shills (XT #REKT ignorers) Bitcoin Discussion
I have an economy degree You certainly do.Nobody should believe such claims onli…
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n/a | johnyj | January 11, 2016, 03:21:58 PM |
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What is your plan to get rich with Bitcoin? Off-topic
If everyone plan like OP described then 5K will happen for sure My plan is to b…
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n/a | johnyj | January 11, 2016, 03:05:00 PM |
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Analysis and list of top big blocks shills (XT #REKT ignorers) Bitcoin Discussion
>all the financial products can be regarded as Beanie Babies for majority of the…
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n/a | johnyj | January 11, 2016, 03:00:43 PM |
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Analysis and list of top big blocks shills (XT #REKT ignorers) Bitcoin Discussion
There is this idea that we must choose between settlement network or payment net…
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n/a | johnyj | January 11, 2016, 02:34:47 PM |
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Analysis and list of top big blocks shills (XT #REKT ignorers) Bitcoin Discussion
>all the financial products can be regarded as Beanie Babies for majority of the…
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n/a | johnyj | January 11, 2016, 02:16:02 PM |
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Analysis and list of top big blocks shills (XT #REKT ignorers) Bitcoin Discussion
Perhaps true, however the reason why many people invest is because they see a lo…
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n/a | johnyj | January 11, 2016, 01:44:50 PM |
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Analysis and list of top big blocks shills (XT #REKT ignorers) Bitcoin Discussion
>you have an exchange for Beanie BabiesWhen people see Beanie "value rise 400% p…
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n/a | johnyj | January 11, 2016, 01:37:39 PM |
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Analysis and list of top big blocks shills (XT #REKT ignorers) Bitcoin Discussion
So the question is: To make bitcoin a forever prosperous gold rush or a mobile p…
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n/a | johnyj | January 11, 2016, 01:03:42 PM |
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Analysis and list of top big blocks shills (XT #REKT ignorers) Bitcoin Discussion
Is "400% per year" price growth likely for a currency costing $100 per transacti…
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n/a | johnyj | January 11, 2016, 12:36:38 PM |
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Analysis and list of top big blocks shills (XT #REKT ignorers) Bitcoin Discussion
[...]If bitcoin's value rise 400% per year and it is very expensive to transact…
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n/a | johnyj | January 11, 2016, 12:08:54 PM |
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Analysis and list of top big blocks shills (XT #REKT ignorers) Bitcoin Discussion
The network effect only has value when the utility of Bitcoin is better than the…
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n/a | johnyj | January 11, 2016, 11:53:23 AM |
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Analysis and list of top big blocks shills (XT #REKT ignorers) Bitcoin Discussion
The argument for a large block is to reduce the fee for average users, but what…
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n/a | johnyj | January 11, 2016, 11:24:33 AM |
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Analysis and list of top big blocks shills (XT #REKT ignorers) Bitcoin Discussion |
n/a | johnyj | January 10, 2016, 09:46:41 PM |
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Analysis and list of top big blocks shills (XT #REKT ignorers) Bitcoin Discussion
As far as the numbers, there's 8 bits in one byte. Therefore, a difference of 8…
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n/a | johnyj | January 10, 2016, 09:53:13 PM |
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Analysis and list of top big blocks shills (XT #REKT ignorers) Bitcoin Discussion
As far as the numbers, there's 8 bits in one byte. Therefore, a difference of 8…
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n/a | johnyj | January 10, 2016, 09:10:29 PM |
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Analysis and list of top big blocks shills (XT #REKT ignorers) Bitcoin Discussion
I personally am a bit taken back by the current situation. Bitcoin has such pro…
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n/a | johnyj | January 10, 2016, 08:07:21 PM |
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Banks Are Finally Openly Fighting Bitcoin In Australia And USA Bitcoin Discussion
In most of this cases, the money comes from a hacked/stolen account
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n/a | johnyj | January 10, 2016, 06:41:00 PM |
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At what level do you need 100% trustless Bitcoin Discussion
Another example that people will trust non-blockchain solution is that they are…
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n/a | johnyj | January 10, 2016, 12:57:24 AM |
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Analysis and list of top big blocks shills (XT #REKT ignorers) Bitcoin Discussion
i like to think outside of the box. and it seems that many people argue, if your…
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n/a | johnyj | January 10, 2016, 12:51:37 AM |
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Analysis and list of top big blocks shills (XT #REKT ignorers) Bitcoin Discussion
Because a 100 btc transaction consumes exactly the same resource as a 0.01 btc t…
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n/a | johnyj | January 10, 2016, 12:30:12 AM |
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