Bitcoin Forum
July 01, 2024, 08:41:13 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 [6] 7 »
101  Bitcoin / Bitcoin Discussion / Re: They found Satoshi? on: April 08, 2017, 03:45:17 PM
Alright already.. you've convinced me.. that one of the main Satoshi players is dead that is  Wink.  I think you've got the wrong dead guy though buddy  Grin

I agree that if Nash could have trusted another person, then it would have been Hal Finney as his collaborator.

Finney didn't have sufficient game theory expertise to do it by himself, unless had been following Nash's work.

I haven't done much research in Finney. Perhaps I should.
http://www.youtube.com/watch?v=2PVzOVMCASo&t=62m57s  You should watch a few minutes into this, it talks about linguistic similarities between Szabo and Nakamoto, how bitgold was the closest thing that existed previously and was suspiciously absent from the reference page on the bitcoin whitepaper.  They also talks about how Szabo went dark on social media at the same time Satoshi disappears, very curious content, would love to hear your 2 cents.

I am very privy to the idea that bitcoin was made by a group rather than a single person, and I think you might be right about Nash.  But what I am thinking is that the person that was actually on the forum, talking to people and answering questions, I think that was most likely Szabo, and that he was working with someone like Nash helping him behind the scenes.  Nash was more of a mathematician than anything else, so having a prolific coder like Szabo or Finney working closely with him makes a lot of sense, and having someone else do the forum posting would have made it easier for him to stay out of the limelight.
102  Alternate cryptocurrencies / Altcoin Discussion / Re: Something to know about Bitbay on: March 23, 2017, 03:02:58 PM
Whether or not a pump group chooses to invest in a coin says nothing about the developers themselves, this is just the free market at work.  David Zimbeck was scammed and cheated and his response was to work tirelessly for the past 2 years basically for free, he was always on slack and his ANN thread answering questions, and being generally one of the most transparent coders I have seen; I have yet to see that level of integrity from any other developer in crypto.

Calling David Zimbeck a scammer is not only factually incorrect, it is downright slander.
103  Alternate cryptocurrencies / Altcoin Discussion / Re: [NEWS] Crypto-Eviction Notice ! on: March 14, 2017, 06:10:04 PM
Without these people BTC and all altcoins would be worthless. They are what brings volume and your idea is pretty damn stupid.

Very akin to removing all altcoins. Would be the death of BTC completely. There are very few major businesses that use BTC, Dell being the biggest I know, and no real reason to buy them for financial usage.

Without that volume it is nothing.

No, without this, bitcoin would have its currency value, given by Fisher's formula.  We both agree that this would be ridiculously small as compared to the actual market cap.  If a *currency* is used (you know, to buy and sell goods), there is a demand for it, and an average hold time, between the moment where you obtain the money when you sell stuff of value, and the moment where you spend it to obtain stuff of value.  This demand gives rise to the normal price of a currency.  That should normally be bitcoin's price.

All the rest is greater-fool.  And, as we can see, this aspect of it is HUGE.


All true, and accurate. BUT, as I have said the real world does not work like that and it never will.  I have seen this same discussion play out a dozen times and nothing is going to change.

Maybe we should stop wasting our time debating idealistic fantasies
104  Alternate cryptocurrencies / Altcoin Discussion / Re: [NEWS] Crypto-Eviction Notice ! on: March 14, 2017, 02:28:56 PM
Believe it or not Spoetnik I have been lurking this site since late 2013, and you have been saying the same crap just about the entire time, posting almost every day it looks like, and honestly I think you are going fucking insane. Seek help.

For the record I actually agree with most of your posts!  It is bullshit that all of these ICO's and cult of personality groups have taken over crypto, and that people chase greater fool prospects rather than looking at actual tech.  But your attitude towards all this is a clear sign of an unhealthy obsession, and all you are doing is hurting yourself mentally.  The only thing you could really accomplish is warning newbies to how greedy and scammy this place has become.  But guess what? They won't listen if you antagonize them as "kidiot investards"

My point is you are missing more screws than the ikea desk I ordered over the summer.  Get off this forum and go the fuck outside or you are going to end up like this https://imgur.com/gallery/91sn32Q

Of course you will undoubtedly write me off as just another idiot and continue yelling at clouds.

You know what? forget I ever said anything at all, as you were
105  Alternate cryptocurrencies / Altcoin Discussion / Re: [NEWS] Crypto-Eviction Notice ! on: March 14, 2017, 02:40:45 AM
if you got your wish you'd have no one left to read your rants
I swear to god you are all trolling me.. playing dumb or something.

Of course I'm trolling you, what the fuck do you honestly expect?  You can't fight human nature, if there is an opportunity for greed people will take and that is not going change any time soon, so better to just accept it and move on.  Do you expect people to leave just because you say so?  All you are doing is whining, your constant diatribes really accomplish nothing, and you can do nothing. Just move on before you give yourself an ulcer obsessing over this.
106  Alternate cryptocurrencies / Altcoin Discussion / Re: Waves just passed 10000 transactions/day on: March 13, 2017, 05:12:34 PM
--------------------------------------------------------------------------------------------------------------
                                          Waves Transactions Report                                           
   Date        Waves TXs    Asset TXs    Total TXs     Total fees  New assets  # Miners   Senders   Recipients
--------------------------------------------------------------------------------------------------------------
2017-02-01            84           18          102     0.10600000           0        46         43          63
2017-02-02           123           18          141     1.63600000           0        43         66          76
2017-02-03           414           21          435     2.43500000           1        42         68          87
2017-02-04           604           25          629     3.62000000           2        44         68          76
2017-02-05           647           28          675     0.67700000           0        43         63          87
2017-02-06           675          104          779     1.78800000           1        43        127         135
2017-02-07          1558          146         1704     5.70750000           4        43        487         608
2017-02-08          2158          104         2262     2.28600000           0        48        563         615
2017-02-09          2810         4243         7053    18.04700000          11        45        598        4626
2017-02-10          2790          799         3589    19.58250000          16        47        690         775
2017-02-11          2598          389         2987    11.98400000           9        46        657         680
2017-02-12          2783          232         3015     9.01850000           6        45        629         653
2017-02-13          2589          178         2767    12.75700000           9        47        638         650
2017-02-14          2449         2979         5428    13.43150000           8        46        643        3245
2017-02-15          2940         5039         7979    11.96600000           3        46        687        4466
2017-02-16          3603         5079         8682    16.68100000           8        47        685        4923
2017-02-17          3622          217         3839    12.83250000           8        48        631         644
2017-02-18          3197          381         3578    33.56000000          27        47        649         829
2017-02-19          3278          219         3497    11.48800000           5        47        691         837
2017-02-20          4928          214         5142     7.14250000           2        46        630        1065
2017-02-21          5772          285         6057    11.06400000           5        46        824        1380
2017-02-22          4960          386         5346     8.34500000           3        46        738        1061
2017-02-23          4183          243         4426     6.42700000           2        46        739         957
2017-02-24          3331          346         3677     6.67650000           2        45        653         854
2017-02-25          3053          941         3994     9.00100000           5        48        615        1179
2017-02-26          3030          772         3802     6.80000000           3        47        688         807
2017-02-27          3469          679         4148    11.14000000           6        47        632         773
2017-02-28          3923         1064         4987     8.09250000           2        50        700        1044
2017-03-01          3534          953         4487    16.47600000          12        46        685         821
2017-03-02          4503          916         5419     9.41700000           2        46        895         997
2017-03-03          4163          987         5150    11.15450000           6        46        723         917
2017-03-04          3202          472         3674     5.66100000           2        56        693         818
2017-03-05          3401          155         3556     5.56300000           2        55        618         777
2017-03-06          3458          443         3901     4.90400000           1        56        710         842
2017-03-07          6025          437         6462     6.46300000           0        58        651         813
2017-03-08          3972         4869         8841    13.87300000           5        56        646        4987
2017-03-09          4579          788         5367    12.87400003           6        55        680         849
2017-03-10          5925         1183         7108    10.10700000           3        55        772         908
2017-03-11          6232          870         7102    14.09300000           7        54        774         895
2017-03-12         10119         1526        11645    16.67700000           5        52       2649        3118
--------------------------------------------------------------------------------------------------------------
                  134684        38748       173432   391.55450003         199

Where do you get these stats if you don't mind me asking?
107  Alternate cryptocurrencies / Altcoin Discussion / Re: [NEWS] Crypto-Eviction Notice ! on: March 13, 2017, 05:07:54 PM
if you got your wish you'd have no one left to read your rants
108  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think "iamnotback" really has the" Bitcoin killer"? on: March 10, 2017, 04:56:17 PM

In his defense though it does require proper thought.
And each idea can be a dead end with wasted time.
A currency concept would require investigation and more than likely the obvious hits you later.. it's a bad idea LOL
I have had a bunch of ideas but the more i thought of them the more holes i punched in the idea.
And the standard is VERY HIGH !


Never a truer word spoken IMO.

I've spent almost 4 years now solving the same problems Shelby is attempting.   I've thrown away more ideas and code than I care to think about.  Some of those ideas are doing the rounds now as the "next big thing" and I threw them away years ago as they weren't good enough or would have issues further down the line.

I think the problem is that because Bitcoin works, and block chains are "good enough" for most things, the perception is that it must be easy...as someones already done it to a sufficient degree.   It's far from easy though and Satoshi most likely took a number of years of R&D, trialing things out, throwing ideas and code away before he got to Bitcoin.

However, Shelby does spend TOO much time on this forum (and others) procrastinating and debating rather than doing!

Even if he has something fundamental that he can turn into a spectacular product he runs the risk of missing the boat and being the Betamax....or worse someone invents Betamax before him and markets it like VHS.

IMO the boat has already sailed...I'm VERY close and I have working code!  Save for some final critical testing a release is now imminent....I know others are also making progress and edging in on what he's trying to achieve too.

I look forward to seeing what you've been working on.  That being said I hope you would be willing consider a name change, because non-phonetic names have less potential to go viral.  If I heard someone talking about eMunie on that train I'd have no idea how it was spelled (could be eMoney, Muney, Monie, Monee, etc) and would be less likely to have it come up in a google search, Steem is a bad name for the same reason (the existence of the gaming platform Steam hasn't done them any favors either).  Bitcoin is great branding; self descriptive, easy to spell/remember, and unique.
109  Alternate cryptocurrencies / Altcoin Discussion / Re: Is there any cryptocoin based on human attention as consumption of resources? on: February 22, 2017, 05:24:05 PM
user Iamnotback (formerly TPTB_Need_War and Anonymint) has talked about exactly what you just described, where people get rewarded simply for participating in the ecosystem.  How exactly something like this would work is way above my pay grade, hopefully we will hear more details from him soon.
110  Economy / Speculation / Re: Speculation Rule: buy when others are irrationally pessimistic or too cautious on: February 21, 2017, 10:59:04 PM
$2,500 to $5,000 seems like what I was considering.

Another statistic I like to look at is the 21 BTC holding value. 21 BTC means less than 1 million people club, being on that part must mean big wealth long term for the holders of such amount.

In order to be a millionaire with 21 BTC, we must reach around $47,000

The question is, what are the chances that we see such $47,000 in any of the following bubble cycles? is it possible in 10-20 years?


It seems feasible in 10 years, maybe even less.

If it is going to happen, it has to happen within that timeframe. Twenty years from now, the world will have moved on.

I don't think $5000 is the final top (but a significant pullback could occur some some where in that order-of-magnitude and above $5000, the upside potential is becoming more balanced to the downside risk). But $1 million per BTC ($21 trillion market cap) is totally implausible IMO (Bitcoin zealots please don't hate me, just expressing my opinion).

In that $2500 - $5000 range, I would seriously look to diversifying into an alternative blockchain project with some portion of your holdings. Napster wasn't the final word in file sharing. Bitcoin won't likely be the homerun final word in blockchains.

I understand the argument about the world rallying around the system with the most inertia, but the problem is Bitcoin hasn't yet identified the killer app of blockchains. So it is still prone to be upstaged by the WWW (World Wide Web) invention of blockchains whatever that ends up being.

I think this is a fairly reasonable prediction, the only real unknown is timeframe.  One thing I really wonder though is this, can this kind of price rise happen in the short term without any sort of scaling solution?  Right now the bitcoin blockchain seems to be really feeling the weight of massive transaction loads, and solutions have been shut down at implementation level, both for things like a block size increase and segwit.

Will people just deal with long confirmation times (I've already had transaction take several hours to confirm in just the last week) and keep sending bitcoin higher? Or will we need to see at the very least a short term scaling solution for that to happen?  If the answer is yes we may see action move back to alt market for a time and have bitcoin stagnate (albeit temporarily, it will only be a matter of time for scaling to be improved), but I am not entirely confident about this prediction. 
111  Alternate cryptocurrencies / Altcoin Discussion / Re: Zerocoin implementation bug on: February 20, 2017, 04:40:26 PM
https://news.ycombinator.com/item?id=13673214 I came across this post on Hacker News.  ZCash Devs basically claiming that Poramin Ipsom basically just copy/pasted code from the original bitcoin code, and that lazy code work allowed for a double spend.  If true, it's kind of surprising that this kind of bug wasn't caught sooner; along with Poramin being the only dev for ZCoin, and the drama with co-founder Gary Lee, I'd say it might be time to jump ship.

I bought in around 30-70k sats range, and I am very thankful that the price hasn't tanked yet and I was able to liquidate 80% of what I purchased, and get out with a solid profit.  Provided that no new information comes in from Poramin giving a reasonable explanation/defense for this, I'd have to recommend others do the same.
112  Alternate cryptocurrencies / Altcoin Discussion / Re: Poloniex does not allow you to delete your account even if they say to contact on: February 19, 2017, 04:18:52 PM
Almost nobody deletes your account (Reddit is the only site I can think of that will, but that doesn't need to be tied to a real identity); not Polo, Bitfinex, Facebook, Blizzard will not even delete your World of Warcraft account, they just get deactivated.  This is not unusual, nor is it news.
113  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin segwit activation. What happened? on: February 16, 2017, 02:41:30 PM
Little note, by placing your name in the above contract,

If you think you can stay anon, and welch on the wager,

I can use the contract to subpoena BTCtalk to get your real name and address.

So if you are thinking you can welch when you lose, I will out you name home address everything.  Wink

 Cool

FYI:
@INRI666 , is that serious enough for you?  Wink

It will be taken seriously if you asked for an escrow and called the bet. It will be very exciting following the developments and all the drama this will bring us. Don't get me wrong, I'm not here trying to demean you. I find this forum very lively with everything that's going on in here.

What makes you think I trust the escrow agent,
I trust a contract that I can sue someone with ,
notice no one has accepted even a 1 LTC wager, so their faith in segwit activation for LTC is not as great as they made out.

 Cool

If it meant you would stop clogging the forum with your inane garbage, I'd give you 10 ltc right now

Ignore him Cool

I only wish ignoring made it so I didn't have to see his name at all, plus I still have to see his mentally challenged drivel in all the replies.   Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Cool Am I doing it right?
114  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin segwit activation. What happened? on: February 16, 2017, 01:49:26 PM
Little note, by placing your name in the above contract,

If you think you can stay anon, and welch on the wager,

I can use the contract to subpoena BTCtalk to get your real name and address.

So if you are thinking you can welch when you lose, I will out you name home address everything.  Wink

 Cool

FYI:
@INRI666 , is that serious enough for you?  Wink

It will be taken seriously if you asked for an escrow and called the bet. It will be very exciting following the developments and all the drama this will bring us. Don't get me wrong, I'm not here trying to demean you. I find this forum very lively with everything that's going on in here.

What makes you think I trust the escrow agent,
I trust a contract that I can sue someone with ,
notice no one has accepted even a 1 LTC wager, so their faith in segwit activation for LTC is not as great as they made out.

 Cool

If it meant you would stop clogging the forum with your inane garbage, I'd give you 10 ltc right now
115  Alternate cryptocurrencies / Altcoin Discussion / Re: [POLL] Should the Altcoin world work with govt authorities or fight them ? on: February 16, 2017, 01:23:17 PM
We should work with them if possible, and fight them only if necessary
116  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin segwit activation. What happened? on: February 15, 2017, 01:22:13 PM
#1 John Titor, would be up for a full 500 ltc bet though, I'd love some free money
117  Alternate cryptocurrencies / Altcoin Discussion / Re: That´s the game-changer für the altcoin section on: February 14, 2017, 07:09:53 PM
So I did some searching and I can find absolutely no mention of this from official sources (ie from Santander or JP Morgan).  Coindesk sites zero sources in it's article (except for citing itself, because that is credible right?), and the only other articles I've found on this cite Coindesk.

I did find earlier articles saying that JP Morgan would be developing on ethereum from some more reputable sources dating from October:
http://www.businessinsider.com/jpmorgan-is-developing-a-new-blockchain-project-2016-10

But guess who they cite? Yup, Coindesk.  They also cite the WSJ, but that is behind a paywall so I can't confirm any of their info

And there is nothing to back up this recent article, nor anything to confirm that Santander is now involved, nor even any evidence that JP Morgan is following through with their plans from October, which was poorly sourced as is.

This one article is not enough for anyone to take this seriously, and looking through other coindesk articles I can see that they rarely ever cite their sources, this whole thing reeks.

Two sources I've found that talk about earlier bank lead blockchain projects

http://www.huffingtonpost.com/david-seaman/ubs-santander-announce-bl_b_11683838.html - "Mr. Whelan explained that even though the project uses Ethereum technology, it is not exposed to the public Ethereum blockchain. London-based blockchain lab Clearmatics, involved with the settlement coin concept, started with a flavor of Ethereum but this project is likely to end up being rather proprietary in nature." which means that they will likely not use the ethereum blockchain in the end.

http://www.reuters.com/article/us-banks-blockchain-ubs-idUSKCN10Z147 The most reliable source I've found writing on this, doesn't even so much as mention ethereum.

Until we see official word from either Santander or JP Morgan on this, this should be treated as false information, and even then it likely wouldn't mean they are involved for any reason beyond research purposes

Nice try-

“Moreover, Enterprise Ethereum will build upon the current Ethereum scaling roadmap and maintain compatibility and interoperability with public Ethereum.”

http://www.coinspeaker.com/2017/02/14/microsoft-jp-morgan-santander-others-form-enterprise-ethereum-alliance/
http://coinwelt.de/2017/02/jp-morgan-und-santander-mitglieder-bei-enterprise-ethereum/
http://www.criptomoedasfacil.com/2017/02/jp-morgan-e-santander-anunciam-criar-nova-corporacao-baseada-no-blockchain-do-ethereum.html

Choose the language you understand

So you post 3 more articles from obscure publishers that don't cite their sources, and that somehow debunks my point?  Nothing you just linked holds anymore water than the original Coindesk article.
118  Alternate cryptocurrencies / Altcoin Discussion / Re: That´s the game-changer für the altcoin section on: February 14, 2017, 02:53:14 PM
So I did some searching and I can find absolutely no mention of this from official sources (ie from Santander or JP Morgan).  Coindesk sites zero sources in it's article (except for citing itself, because that is credible right?), and the only other articles I've found on this cite Coindesk.

I did find earlier articles saying that JP Morgan would be developing on ethereum from some more reputable sources dating from October:
http://www.businessinsider.com/jpmorgan-is-developing-a-new-blockchain-project-2016-10

But guess who they cite? Yup, Coindesk.  They also cite the WSJ, but that is behind a paywall so I can't confirm any of their info

And there is nothing to back up this recent article, nor anything to confirm that Santander is now involved, nor even any evidence that JP Morgan is following through with their plans from October, which was poorly sourced as is.

This one article is not enough for anyone to take this seriously, and looking through other coindesk articles I can see that they rarely ever cite their sources, this whole thing reeks.

Two sources I've found that talk about earlier bank lead blockchain projects

http://www.huffingtonpost.com/david-seaman/ubs-santander-announce-bl_b_11683838.html - "Mr. Whelan explained that even though the project uses Ethereum technology, it is not exposed to the public Ethereum blockchain. London-based blockchain lab Clearmatics, involved with the settlement coin concept, started with a flavor of Ethereum but this project is likely to end up being rather proprietary in nature." which means that they will likely not use the ethereum blockchain in the end.

http://www.reuters.com/article/us-banks-blockchain-ubs-idUSKCN10Z147 The most reliable source I've found writing on this, doesn't even so much as mention ethereum.

Until we see official word from either Santander or JP Morgan on this, this should be treated as false information, and even then it likely wouldn't mean they are involved for any reason beyond research purposes
119  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you support Spoetnik's contributions to the Altcoin Discussions? on: February 11, 2017, 02:11:33 AM
While many of his posts are needlessly long-winded (understatement of the year), he's honestly right about damn near everything he posts about.  I'd like the shit-posting to continue, Spoetnik is one of the good guys.
120  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Good coins on Bittrex that aren't on Poloniex? on: February 10, 2017, 05:12:34 PM
BitBay, Nexus, GroestlCoin, ZCoin, Aeon, and Waves; pretty much everything else there that is not on poloniex there is garbage.  Of those 6 I'd say BitBay, ZCoin, and GroestlCoin have the most upside potential;  Nexus and Aeon have already been pumped in the last 6 months so I'm staying away for now; Waves seems to be a good project but it seems a bit overvalued atm, worth keeping an eye on at least.
Pages: « 1 2 3 4 5 [6] 7 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!