Bitcoin Forum
July 07, 2024, 04:58:29 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 [64] 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 ... 258 »
1261  Economy / Speculation / Re: Lose all your capital fast, with MatTheCat and his TA 101A! on: July 30, 2016, 06:36:04 AM
I believe it, they tried to get in my acct I don't even use.  Someone's database got leaked from somewhere...
1262  Alternate cryptocurrencies / Altcoin Discussion / Re: Making PoW useful on: July 30, 2016, 03:26:46 AM
Are you saying we should discard the evolution towards sha256d becoming commoditized?  Do you not believe sha256d will be?  I was thinking we had already hit rock bottom for centralization in ASIC and it can only get better from here (unless ASIC boost tosses a wrench in that).  Did Maxwell send you here to try and break the news to the serfs that ASIC boost has to be dealt with in some manner and might as well entail an entire algo change?
1263  Alternate cryptocurrencies / Altcoin Discussion / Re: [2016-07-29] BTC-e calls Ethereum Classic ‘scam’ on: July 30, 2016, 02:19:27 AM
Since Eth Fork is a fork of Eth Classic, I guess they've been double scammed.

1264  Alternate cryptocurrencies / Altcoin Discussion / Re: Steem pyramid scheme revealed on: July 30, 2016, 02:09:37 AM
Yea, as I had already stated on my reply in that thread, someone has to bear the cost of all these actions, so posting a main topic should likely require a fee, while comments don't, but comments get culled/pruned off the chain eventually.

The only problem i see in a fee to post is that it might be a too great hurdle for newcomers except you give out free money on signup - but that again would help and not fight spammers (atleast initialy).

Never underestimate the Larimer.  He probably already knows this and will just do it after he already on-boards all the users.  He probably knew it was a hard sell to do it in the beginning.  This is not a problem you solve resource free.
1265  Alternate cryptocurrencies / Altcoin Discussion / Re: Steem pyramid scheme revealed on: July 30, 2016, 02:01:24 AM
Yea, as I had already stated on my reply in that thread, someone has to bear the cost of all these actions, so posting a main topic should likely require a fee, while comments don't, but comments get culled/pruned off the chain eventually.  I think Anonymint has painted himself into a corner here with the whole "you can never fork the chain" mentality.  If he actually attempts to create some social network coin like this, he's going to forget to cover numerous variables like the example I just stated.  He'll then end up forking probably dozens of times to fix them.  Or you'd just have to sit back and observe Steem for something like a year to see what works, but by that time, Larimer might have already forked Steem 9000 times into something that works good.
1266  Alternate cryptocurrencies / Altcoin Discussion / Re: Steem pyramid scheme revealed on: July 29, 2016, 10:57:58 PM
https://steemit.com/steemit/@dantheman/notice-to-bot-spammers

Seems like we'll be having a reputation system to fight of spam/bots.

I was wondering what the hell his solution for that would be.  The obvious answer is being required to burn a fee to post.  His solution is far too complex and can have innocent users gamed or their speech suppressed imo...
1267  Alternate cryptocurrencies / Altcoin Discussion / Re: Steem pyramid scheme revealed on: July 29, 2016, 10:13:06 PM
Steem issued the shares via PoW and mined them themselves as a legal loophole instead of IPO.

What legal loophole Huh

Steem (and its founding whales at the helm) failed to qualify for the criteria needed to not be classified as an investment security according to the Howey test, so that investors' expectations aren't secured for future gains by a controlling party:

  • decentralized, leaderless organization
  • forks allowed (Steem license prevents this)
  • widely held so that investors so no party effectively controls the trading market

Afaics, there is nothing illegal about issuing tokens to yourself in a premine when you launch a decentralized, leaderless, open source project unless by doing so you destroy one of the criteria above.

Edit: I guess you could argue that by mining for their personal shares, then even though the Steemit Inc. corporation is legally culpable to have registered the shares given the failure to qualify for the above criteria, then at least @dan, @dantheman, and @ned, aren't legally complicit.

I think you kind of stretch things to the extreme in terms of legal culpability to the point where you would likely be indicting Satoshi as a pump and dump artist, which is probably why he's anonymous.

In other news, I found Charles Hoskinson's clone on Steem (gif movie by username "rahmat"): 

https://steemit.com/recipes/@aimeeathome/the-secret-to-the-best-crisp-on-the-outside-chewy-in-the-centre-chocolate-chip-cookies
1268  Alternate cryptocurrencies / Altcoin Discussion / Re: Steem pyramid scheme revealed on: July 29, 2016, 01:15:42 PM
There's my post on why it's very difficult for anyone to get a scam label to stick on Steem.  The initial distribution doesn't bother me that much because I've always looked at proof of stake as being issuing shares of a private company in the first place and not being in the same category as Bitcoin.  It's basically just a company using the blockchain for something and not a Bitcoin competitor.  They compete more with Reddit, Twitter, and Paypal.  

It's only when people like Ethereum start claiming it's a replacement for Bitcoin does it become a problem.  They're two completely different things.  Steem issued the shares via PoW and mined them themselves as a legal loophole instead of IPO.  Normal companies wouldn't give out any shares for free, so it's whatever:

https://steemit.com/steem/@r0achtheunsavory/how-people-make-big-bucks-on-steem-and-why-nobody-can-get-a-scam-label-to-stick
1269  Economy / Speculation / Re: Lose all your capital fast, with MatTheCat and his TA 101A! on: July 29, 2016, 12:14:56 PM
MatTheMat, you gotta see this lol:

https://bitcointalk.org/index.php?topic=1567969.0

LOL!

But hey r0ach/proto.

Well written stuff! You have a talent for the old flowing prose that you hide from this particular forum. You also do the community a great service by highlighting the dangers of smoking too much wacky-tabacky and guzzling too much crypto Kool-Aid. I hope your Megacoins are still worth something and/or that the revolution works out for you (and Kim Dotcom) in the end.

I was thinking it was more likely to be one of your associates.
1270  Economy / Speculation / Re: Lose all your capital fast, with MatTheCat and his TA 101A! on: July 28, 2016, 09:19:24 AM
MatTheMat, you gotta see this lol:

https://bitcointalk.org/index.php?topic=1567969.0
1271  Alternate cryptocurrencies / Altcoin Discussion / The #1 must read post you've ever seen in altcoins on: July 28, 2016, 09:18:16 AM
I'm not sure if this guy fabricated the entire story or not (it may be a fiction or non-fiction Spoetnik post?) but this will make you feel real normal, real fast:

https://steemit.com/introduceyourself/@proto/being-a-god-my-experience-with-psychosis
1272  Economy / Speculation / Re: Lose all your capital fast, with MatTheCat and his TA 101A! on: July 28, 2016, 06:25:52 AM
I don't even use Kraken, just made an account once to look at the UI and they tried to get me, heh:

1273  Alternate cryptocurrencies / Altcoin Discussion / Re: Steem pyramid scheme revealed on: July 27, 2016, 09:51:39 AM
If you knew about my post history, I was the one telling everyone months ago that Steem and Synereo would fail because the advertising revenue per user per year for the social networks averages less than $20

I'm not sure if the Larimers are actually this smart and/or devious or not, but it's entirely possible none of the economics for this thing have to make sense at all and the entire thing will be kept afloat by enormous amounts of money laundering.  Targeted voting, all kinds of tricks.  The Liberty Reserve even had a dollar pegged asset exactly like the Larimers seem to have created.

Also, looks like somebody stole your post haha:

https://steemit.com/photography/@watch-chronolog/how-to-search-for-royalty-free-images-on-google
1274  Alternate cryptocurrencies / Altcoin Discussion / Re: Steemit: Who could have seen this coming??? on: July 27, 2016, 06:42:02 AM
Amazing, Larimer really does have an army of bimbos:

https://steemit.com/steemit/@chicana/steemit-re-open-for-new-users-released-almost-100-balloons-with-steemit-logo
1275  Alternate cryptocurrencies / Altcoin Discussion / Re: Steem pyramid scheme revealed on: July 27, 2016, 02:47:58 AM
I decided to launch a censorship resistance test of Steemit.  I know the Larimers don't seem to like Trump, so their reaction to this will be real interesting:

https://steemit.com/steemit/@r0achtheunsavory/5xdjbo-will-steem-become-a-valid-decentralized-social-media-network-or-just-a-tool-to-push-political-correctness-and-marxist-propaganda
1276  Alternate cryptocurrencies / Altcoin Discussion / Re: Steem pyramid scheme revealed on: July 26, 2016, 03:20:53 PM
You learn some strange psychological things going on with this Steem platform.  For instance, I had 165 upvotes for a post and 2 downvotes.  I decided to look up and investigate who the two downvoters were thinking it might be some crazed Eth shill like Minecache...nope, two bimbos.  I have a feeling they downvoted solely because it was content on the front page they weren't interested in and wanted it replaced by mindless things like pictures of rainbows, cats, American Idol, etc.

I typically don't downvote anything, I just upvote the things I think are interesting.  I would downvote if it was just a spam attack like ASDFAFDSF, but these bimbos basically use a hivemind approach to launch attacks against anyone who doesn't cater to their vapid desires.  I'd like to hear what Anonymint thinks about this.  People who only upvote on posts they like and never downvote versus people who attack vote and the game theory surrounding it.  I haven't done a thorough investigation of all the incentives yet to figure out the outcome of all this.  I seem to recall there being incentive to not down vote just for the hell of it to screw with people.

I imagine if this thing was actually big with tons and tons of users, getting paid for a post would be rare and I think huge attack voting would occur and everything would resemble a Youtube rap video with 5000 likes and 5000 dislikes, then the game theory might change to where everyone is forced to attack vote.  I definitely need to put more time in studying this system.
1277  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Vitalik Buterin's health declining? on: July 26, 2016, 01:41:56 AM
He had to skip bench press day this week to fork, he's gonna double up next week.
1278  Alternate cryptocurrencies / Altcoin Discussion / Re: Steem pyramid scheme revealed on: July 26, 2016, 01:29:48 AM
ranking system is a circle-jerk...

I entirely expect to not get upvotes. I will be surprised if I do.

The corporate world adopted political correctness to maximize potential revenue stream, and since Steem is run as a business, I suspect you would see the same thing here.  You already know who your target audience is going to be beforehand while distribution is in it's current state, so I know exactly if my post will be upvoted or not before even making it.  I did a test of that yesterday, making a post I knew would be unpopular on purpose.  

I already know most people in the Bitcoin spectrum love to tout the idea of anarchy as some type of super cool thing and the solution to all the world's problems, while I believe statism and anarchy have pretty much the same endgame.  You could even argue we already live in anarchy and the 500 people in the house, senate, and presidency are just an armed gang holding people hostage.

So, let's see what the test results are.  My post saying anarchy and statism is all the same difference:

https://steemit.com/anarchism/@r0achtheunsavory/anarchy-doesn-t-exist-it-s-the-equivalent-of-a-simpsons-parody

Some guy who is mostly citing other people talking about how cool and awesome anarchy is:

https://steemit.com/anarchy/@modprobe/response-sorry-libertarian-anarchists-capitalism-requires-government

And the guy who wrote the wildly more upvoted anarchy article responding to me:




1279  Alternate cryptocurrencies / Altcoin Discussion / Re: Steemit: Who could have seen this coming??? on: July 25, 2016, 11:19:13 PM
If there's only one Larimer the other 3 billion women are obviously going to have a hard time finding their dream man.

That's right, because what decent, respectable woman wouldn't want a lying, cheating, perverted, white trash, no good, porno peddling, communist, pimp as their husband?  The line starts here ladies.

The phrase "communist pimp" may be a world's first derogatory term.
1280  Alternate cryptocurrencies / Altcoin Discussion / Steemit: Who could have seen this coming??? on: July 25, 2016, 08:36:27 AM
DecentralizeEconomics/2kool4skewel flipping out at the idea of Larimers making money somehow

They know this scam has got some life left in it yet and are going to exploit as many women as possible to line their filthy pockets.

Pages: « 1 ... 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 [64] 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 ... 258 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!