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I bet the Chinese and Japanese exchanges, speculators and mining farms want to increase the block size and avoid off chain solutions. Why have the Asians not taken over development? They currently control most of the bitcoin market why shouldn't they control development? Why is the Western world controlling what has clearly become an Asian commodity?
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Everything is replaced eventually.
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Hey dude, do me a solid and put some negative trust on me. You look like you like to rate people. I don't care what you say about me so be creative. I'm trying to build as much neg trust as possible without ever having traded on here before to prove trust systems are useless.
Thanks in advance.
Ask others. It is not something I like to give neg or pos . And it is not a joke of some kind. I will give feedback if I feel it and I haven't felt in your case. Oh well, thanks anyway. I want to try to get to 100 negative trust before Christmas without ever buying, selling, trading, exchanging or scamming anyone. Only 98 to go. LOL Do you really want 100 negatives? I realize you don't care, but on this forum it does make a difference, whether you admit it or not. If you don't do deals here then it doesn't matter, but I don't know. I've got a trust wall full of gluteus-wounded idiots' comments, and I'd give half my left nut to get rid of them. Not doing me much good anyway.  Sure, it would be fun to prove the trust system was worthless. I don't trust anyone here so I don't buy anything. I don't need to sell anything (like coins) because I use other legimate resources for that so the trust system is useless for me. I came up with this plan when the idiots above gave me negative trust with for no reason and with no proof other than they were butthurt. There was this guy named Tradefortress that had the best trust rating I think I've ever seen. He scammed over 4000 btc out of users here. There was a guy here named DeathNTaxes that was a Bitcoin expert extraordinaire. He was well respected and had a great trust rating. He scammed 3500 btc from users here. There was a beloved entrepreneur here called Zhou Tong. People loved him so much that I honestly think guys would cum a little in their pants when he responded directly to them in a post. He was trusted by everyone bar none. He scammed 5000 btc from users here and it was discovered he was nothing more than a 16 year old boy when he did it. There was a guy here named TerryTibbs that had a horrible trust rating and was labeled a scammer. He paid off everyone that he owed every penny that he owed them and is a very honorable guy. So you can see that the trust system has a long history of being a completely worthless judge of character and future performance. I jokingly call it the "false hope and pray system". |
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You might want to change the subject.
bur·gla·ry
[ˈbərɡlərē]
NOUN
entry into a building illegally with intent to commit a crime, especially theft
He was hacked. I wouldn't call it "Major" either. I mean, it's not like they took anything valuable. They only took Litecoin. LOL
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Hey dude, do me a solid and put some negative trust on me. You look like you like to rate people. I don't care what you say about me so be creative. I'm trying to build as much neg trust as possible without ever having traded on here before to prove trust systems are useless.
Thanks in advance.
Ask others. It is not something I like to give neg or pos . And it is not a joke of some kind. I will give feedback if I feel it and I haven't felt in your case. Oh well, thanks anyway. I want to try to get to 100 negative trust before Christmas without ever buying, selling, trading, exchanging or scamming anyone. Only 98 to go. LOL |
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Re-read my reply and read it again.Read it until you feel like updating your trust on me.
I hope that it will be quick (unless you are autistic). Why should I do? it's already clear to me and yeah btw hilarious placed the negative rating as he finds you untrustworthy. BTW there are lot other feedbacks that you are not counting (incl. Whywefight who also finds it in same). Someone from DT has placed a negative trust on me.
Guess you deserved that :/ Hey dude, do me a solid and put some negative trust on me. You look like you like to rate people. I don't care what you say about me so be creative. I'm trying to build as much neg trust as possible without ever having traded on here before to prove trust systems are useless. Thanks in advance. Feel free to leave him neg trust for trust abuse as his trust left for me is as well as actmyname's is baseless and patently false with no reference to back it up. Hueristic 20: -0 / +2 2017-04-17 100.00000000 This person scammed 100 btc out of 14 people over a period of several months.
actmyname 0: -0 / +0 2017-04-18 100.00000000 This person scammed 100 Bitcoins from multiple people over a period of months. The difference is dude - I don't care and I don't use the trust system at all. ROFL |
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Re-read my reply and read it again.Read it until you feel like updating your trust on me.
I hope that it will be quick (unless you are autistic). Why should I do? it's already clear to me and yeah btw hilarious placed the negative rating as he finds you untrustworthy. BTW there are lot other feedbacks that you are not counting (incl. Whywefight who also finds it in same). Someone from DT has placed a negative trust on me.
Guess you deserved that :/ Hey dude, do me a solid and put some negative trust on me. You look like you like to rate people. I don't care what you say about me so be creative. I'm trying to build as much neg trust as possible without ever having traded on here before to prove trust systems are useless. Thanks in advance. |
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Bitcoin is showing that it's really solid...The network is strong, but the Human Layer needs to be rebuilt. If this was a troll thread, for example, trying to start a fight, then there probably would be at least 30 or 40 replies by now. (How) can we overcome the "Bitcoin Civil War" and restore some level of courtesy and respect to this community? ...and the answer is? I think there is no answer, the network is strong but uncompromising. The question is not how but whether decentralized decision making can really work, even with economic incentives, or perhaps should I say despite economic incentives. You're too intelligent to be hanging out on this forum. You might want to find a new place to go. LOL You're right, decentralized decision making can't really work. When decisions are made it's usually because one guy has a plan and no one else fights it so it happens because that one guy just does everything to implement it alone. Or, it takes so long to implement that by the time it actually happens no one cares anymore. The central leadership concept is tried and true, it's been tested for thousands of years and it works. Democratic governments that are supposedly controlled by the people need central leadership. Someone needs to be at the top of corporations to make decisions or nothing happens. Militaries need generals or troops just march around shooting each other without a final goal. Football teams need a coach or it's just a bunch of guys running around watching the other team win the game. |
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I'm kind of close to Danny's answer. I'm going to spend my coins on what I need like any other kind of money. I have multiple loans out (vacation house in Tahoe, cars, rental property) and if Bitcoin ever gets to the point where I can pay all those loans off I'll sell. The interest on those loans are taking my cash away every month. I can easily pay the yearly strokes on my properties and live on rental income and retirement if I don't have the interest payments. The price is getting very close for me now. It's so close, in fact, I've already talked to my CPA about the best way to settle up with the government when I sell.
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Hi everyone, I've heard about a project of doing an "ETF" (exchange traded fund) on the bitcoin. But I'm not sure to understand the point of that since we can already exchange bitcoins on platforms ? What could we expect about the cryptocurrency to become if the project works ?
It doesn't matter what it was. Forget about the ETF. It wasn't approved, they're trying to get it approved again and it will fail again. That was an American thing. Americans gave up on Bitcoin. It was cool for awhile but now it's not. Bitcoin is currently an Asian thing and the asians are going to line our pockets with fat stacks of cash. We don't need some stupid ETF when we have: SUPERASIANS  |
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Less than $1.
God damnit man you should have texted me to buy at least a few. Where's the common decency!? I got my first whole bitcoin uhhh, I think around $500 or $600. I earned them pretty slowly so it's hard to say exactly when I had accumulated a full bitcoin. Some parts were a little cheaper but mostly around $450 on average I would guess. You guys should have seen me when the price went to $15 and then rapidly dropped to $2 and stayed there for what seemed forever. I was so pissed off. I ran around yelling that I had this big chance to sell at $15 and blew it. Then when the price kept climbing again it whizzed past $15 so I just held on. Now I'm so glad I didn't sell. Wish I was that early. Got in at 90, but those coins are long spent. I even used BitInstant, was a PITA back in the day ,before it went away (would take too long to fund your wallet, would be less than expected, or the store would have no idea what you were talking about. I got lucky, no doubt. I spent a few at Amazon with a gift card but I was mining heavily and couldn't spend all of them easily if I tried. Spendbitcoins and BtcBuy had a max of $500 on a gift card back then. |
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Less than $1.
God damnit man you should have texted me to buy at least a few. Where's the common decency!? I got my first whole bitcoin uhhh, I think around $500 or $600. I earned them pretty slowly so it's hard to say exactly when I had accumulated a full bitcoin. Some parts were a little cheaper but mostly around $450 on average I would guess. You guys should have seen me when the price went to $15 and then rapidly dropped to $2 and stayed there for what seemed forever. I was so pissed off. I ran around yelling that I had this big chance to sell at $15 and blew it. Then when the price kept climbing again it whizzed past $15 so I just held on. Now I'm so glad I didn't sell. |
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There's no such thing as a good IOS anything. Buy a real phone.
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I wanted to buy something really bad.
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Probably sometime next year.
Yes.
Considering you made this post three years ago, I assume you were making a joke, right? That was the approximate timeline, but requirements change/evolve, things grow bigger than initially planned, and here we are, still waiting Most of the work's done so it shouldn't take much longer for those that still care. When you say evolve, do you mean from like apes to humans? LOL I don't really care how long it takes as long as it lives up to the initial promise of being free and open. As soon as it's out of beta I want a copy. |
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Read this thing that the inventor of Bitcoin wrote: https://bitcoin.org/bitcoin.pdfAnd then tell me where it says transactions are supposed to be free or cheap. If it's there, I'm not seeing it. The problem is: The lower the fees, the higher the adoption rate. The masses wouldn't come if the fees are too high. And even worse: There could be cheaper competitors. But as I already said above: It's not the miners' fault, it's the users that initiate the spiral that leads to higher fees. The standard of 50 btc was set as an initial reasonable reward but the reality of financial reward is set by a different standard. Business (just like MasterCard, Visa, and banks transactions) fees will be set by the company based on the financial incentive they require to remain in business. That incentive is mensurate and can be calculated by including all factors relating to maintaining the business plus a reasonable profit margin. Equipment repair, replacement, employee cost, utility costs, land leases, business licenses, etc. are all included in the calculation. Adoption rate, current number of users, number of transactions per block, btc price, operating cost of competing systems like MasterCard, are all immaterial to the business mining bitcoins. All they know is they need to meet their costs to stay in business. Sure those things will effect the cost of mining (like more people making transactions will mean a smaller fee for everyone) but the company doesn't care. All they care about is making X amount per block or they're not going to stay in business. If you want to see a crazy high transaction fee just wait until public utility companies realize they can charge more for Bitcoin mining usage rates. Utilities can and do use following rate structures: Simple (or Fixed) Rate Tiered (or Step) Rate Time of Use (TOU) Demand Rates Tiered within Time of Use Seasonal (4 Seasons) Weekend / Holidays Any combination of the above I can see a day where global electric companies add a new category called: Cryptocurrency Mining Rate. If they do you will look back at a dollar fee with a gleam in your eye because those were the good old days. Don't be stupid. Why, you're the idiot that doesn't know how mining works. |
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Read this thing that the inventor of Bitcoin wrote: https://bitcoin.org/bitcoin.pdfAnd then tell me where it says transactions are supposed to be free or cheap. If it's there, I'm not seeing it. The problem is: The lower the fees, the higher the adoption rate. The masses wouldn't come if the fees are too high. And even worse: There could be cheaper competitors. But as I already said above: It's not the miners' fault, it's the users that initiate the spiral that leads to higher fees. Bitcoin was designed to have high transaction fees. The standard of 50 btc was set as an initial reasonable reward but the reality of financial reward is set by a different standard. Business (just like MasterCard, Visa, and banks transactions) fees will be set by the company based on the financial incentive they require to remain in business. That incentive is mensurate and can be calculated by including all factors relating to maintaining the business plus a reasonable profit margin. Equipment repair, replacement, employee cost, utility costs, land leases, business licenses, etc. are all included in the calculation. Adoption rate, current number of users, number of transactions per block, btc price, operating cost of competing systems like MasterCard, are all immaterial to the business mining bitcoins. All they know is they need to meet their costs to stay in business. Sure those things will effect the cost of mining (like more people making transactions will mean a smaller fee for everyone) but the company doesn't care. All they care about is making X amount per block or they're not going to stay in business. If you want to see a crazy high transaction fee just wait until public utility companies realize they can charge more for Bitcoin mining usage rates. Utilities can and do use following rate structures: Simple (or Fixed) Rate Tiered (or Step) Rate Time of Use (TOU) Demand Rates Tiered within Time of Use Seasonal (4 Seasons) Weekend / Holidays Any combination of the above I can see a day where global electric companies add a new category called: Cryptocurrency Mining Rate. If they do you will look back at a dollar fee with a gleam in your eye because those were the good old days. |
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Read this thing that the inventor of Bitcoin wrote: https://bitcoin.org/bitcoin.pdfAnd then tell me where it says transactions are supposed to be free or cheap. If it's there, I'm not seeing it. |
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