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1461  Bitcoin / Bitcoin Discussion / Re: How is Craig Wright doing now and where is he? on: October 29, 2016, 12:00:26 PM
I guess he is hiding under a rock because he knew he screwed up big time when he tried to con the world. That was too ambitious. He was able to scam Gavin Andresen and the other guy, but not the likes of gmaxwell and sipa.
1462  Bitcoin / Bitcoin Discussion / Re: Netflix Executive Wants Bitcoin as Global Currency, Considers It Cost-Effective on: October 24, 2016, 12:44:08 PM
It would be cool to be able to buy movies and series with bitcoin, there is a big market there to be made because there is a lot of people that always travel and currency changes in countries are annoying as hell, with bitcoin you can bypass all of that.
1463  Economy / Gambling discussion / Re: Gambling problem on: October 22, 2016, 11:05:37 PM
The best way is to lose sometimes, sometimes you really need to lose to remember how bad it feels. When you are on a lucky strike sometimes you don't know how to stop, and that is a big mistake.
1464  Economy / Gambling discussion / Re: Does experience matter in gambling? on: October 22, 2016, 10:26:50 PM
In the game of craps, experience is a plus. Combined with discipline, proper bankroll management and a deeper than average knowledge of the game, one will know to look for the best value tables and the best bets to make - ie, playing at a 5x-4x-3x free odds bet table where the house edge per bet made is 0.00374% and the house edge per roll is 0.00111%
but still , at some point there is a bet for example have a chance for you to win for sure 90% but it just lost.
you still need a luck no matter what , skills and experience is just additional.
to make your bet in gambling close to a winning then experience is required but not really necessary.

Luck is everything, it's that X factor that makes you the money. You can make all the statistics as you want but like you said before, if you have 90% chances to win, the amount won is smaller, therefore you still need to take a lot of rolls and once of them will make you lose big.
1465  Economy / Economics / Re: The dream of getting rich with bitcoins on: October 22, 2016, 10:24:19 PM
We are all gettting rich from Bitcoin, or at least anyone holding 21+ BTC will be able to retire soon and rich as hell, it may be hard to believe now but it will happen.
1466  Bitcoin / Bitcoin Discussion / Re: ECB Feels Threatened by Bitcoin, Ask EU to Rein in Virtual Currencies on: October 22, 2016, 10:11:38 PM
The governments will never collaborate, this is a war, a currency war, and not only that, it's the very concept of state vs individual freedom. Bitcoin takes away their money control forever.
1467  Bitcoin / Bitcoin Discussion / Re: You can fight the system ... and win more at the end. on: October 22, 2016, 10:04:45 PM
We will see viable methods like this funcitoning once we have lightning network and sidechains, until then, we are going to be seeing all those dodgy alt blockchains that just dont cut it.
1468  Bitcoin / Bitcoin Discussion / Re: Bitcoin Core to Release SegWit in November on: October 22, 2016, 10:02:51 PM
Big thanks to Pieter Wuille in particular for the major coding effort on Segwit. With a little luck, maybe the 13.1 client will get out of release candidate stage earlier than November 15th Smiley Here's to a Christmas holidays activation! Cheesy



There's somewhere around 5 or 6 different Lightning implementations, the teams behind them are apparently collaborating to make each different system interoperable with the others. I suspect they won't take long to test before they roll out beta versions, it's unlikely we'll end up using 6+ different implementations once the tech is mature, and everyone knows the first viable product to market gets a psychological boost.




I hope that everyone collaborates and starts mining towards segwit activation as soon as possible and we avoid any idiotic fights like the ViaBTC morons going against it. They put a lot of effort into codding it so it would suck if they delay it because of that.
1469  Bitcoin / Bitcoin Discussion / Re: How much damage would VISA have suffered if they'd hit a transaction limit? on: October 22, 2016, 10:00:38 PM

It will be so cool once it's launched, but I hope the transition is smooth and casual users can use it without it being complicated or anything, ideally they wouldn't even notice it goes through lightning network.
1470  Economy / Gambling discussion / Re: Does experience matter in gambling? on: October 21, 2016, 06:13:51 PM
Experience matters in everything in life, unless you have innate talent for something, but even then, people with talent will need to perfect their skills to become better, so experience counts for everything. In gambling since its mostly luck, the experience learned is to know when to stop so you dont get big losses.
1471  Economy / Gambling discussion / Re: UFC 205: Alvarez vs McGregor Prediction and Info Thread on: October 21, 2016, 05:55:43 PM
The safe bet remains McGregor win, possibly by TKO or submission. After he wins this, he will go for the Nate Diaz trilogy I presume. I think Nate Diaz said he will not fight again until McGregor fights him again. Tons of money to be made on that third fight.

Then McGregor has him by the balls.  What if he decides not to fight him in three years and decides to go after Aldo and Cruz?  And then defend his title/s vs new comers.  Diaz has to come out and fight whoever's gonna make him climb the LW division ranking to make him a worthy opponent vs McGregor.  He should build himself up and he should not totally rely on the McGregor money machine.

Good point, if McGregor doesn't fight him then he can put Diaz's career on hold.. not good for him. Then again, the fans want to see a 3rd rematch. Nate Diaz KO'd him, McGregor couldn't submit him and had to go for the rounds.. it's on McGregor's roof to demonstrate he is the better fighter. It may backfire for McGregor to avoid him for too long, people may start saying he is ducking the 3rd fight.
1472  Bitcoin / Bitcoin Discussion / Re: Putting Bitcoin into Perspective on: October 21, 2016, 05:38:52 PM
What's at stake is financial freedom. Bitcoin is the last opportunity for us to remain detached from the new world order/world government and totalitarian state of absolute financial control. The pressure is on Bitcoin developers to keep developing the software as robust and privacy friendly and decentralized as possible, that is why Core devs have the mentality of slow and solid rather than rushing things out and they are doing a great thing. In the end we will win.
1473  Other / Off-topic / Re: Why do YOU know Bitcoin? on: October 21, 2016, 05:31:49 PM
Most people that I know that know about Bitcoin, has heard on TV and this was around 2013 when it reached a price higher than gold. It is sad to see that they have been ignored it since then, people only care about assets that are peaking in price. Then when it goes x10 the last ATH they complain that they weren't holding.
1474  Bitcoin / Bitcoin Discussion / Re: Is bitcoin really that special to you what are you're expectations in bitcoin? on: October 21, 2016, 03:38:11 PM
Bitcoin is the only hope to bypass the Orwellian future that humanity will face. It is the last chance to ever enjoy financial privacy, this is why it's the most important technology of all times, and insanely undervalued. It will be on the trillions for a marketcap eventually, and it's only 10 billion, less than random IT companies out there. The potential for growth has no limits. Everyone holding 21 will be rich in no time.
1475  Bitcoin / Bitcoin Discussion / Re: Bloomberg - total fucking idiots!!! on: October 21, 2016, 03:30:27 PM
Mainstream media never gets the technical details right, so they shouldn't even bother with going into them. Even the specialized media makes lots of mistakes. In Bitcoin.com they constantly make articles that interpret the lightning network in a good way (then again who knows if it's in purpose due an anti blockstream agenda)
1476  Bitcoin / Bitcoin Discussion / Re: BTC Unconfirmed Transactions Increase? on: October 21, 2016, 03:20:45 PM
If you are using Bitcoin Core, there is a way to flush all the unconfirmed transactions with the zapwallettx command line, but if this happens in any other wallet I dont know what I would do... it would suck if a transaction gets stuck forever.
1477  Economy / Gambling discussion / Re: Gambling should be considered as a Sickness!! on: October 20, 2016, 02:06:35 PM
If you consider gambling a sickness and you want to ban it, then you should think the same for alcohol, cigarettes, even using the internet, everything can potentially be really addictive and damaging, so if you want to ban something because "it's addictive", first think about all the stuff that should be banned for the same reason.

But he didn't even said banning it,
He just said that it is a sickness.

Yeah those things or addicting
things that you had said are bad
but it can only be considered as a sickness
if it makes or contributes to the bad things or effects
in to your life.

You can't consider gambling a sickness. If you consider gambling a sickness, like I said before, you have by definition extrapolated every activity that can potentially be addictive to be a sickness. As you can see, playing videogames would be considered a sickness by your definition.
1478  Economy / Gambling discussion / Re: UFC 205: Alvarez vs McGregor Prediction and Info Thread on: October 20, 2016, 01:53:59 PM
The safe bet remains McGregor win, possibly by TKO or submission. After he wins this, he will go for the Nate Diaz trilogy I presume. I think Nate Diaz said he will not fight again until McGregor fights him again. Tons of money to be made on that third fight.
1479  Bitcoin / Bitcoin Discussion / Re: Todays TOP post in Chinese forum: Terminate the hard/soft fork debate on: October 20, 2016, 01:50:24 PM
Let us pretend that everyone, that means the miners, people maintaining Bitcoin nodes and the community supported Bitcoin Unlimited. What will happen to the core developers. Will they lose their position and their influence over the development of the network? Who will take over, the developers who started Bitcoin Unlimited?

Are the Bitcoin Unlimited coders competent enough to take over Bitcoin's development?

I don't go that far away into conspiracy road, but I think core devs should be more flexible and open to different ideas. This solution is so simple but missed by all the core devs, which raises a large question about core devs' competence

It is not a conspiracy theory because it is possible that the core developers will be supplanted as the top developers of Bitcoin. Also in asking the question if the Bitcoin Unlimited developers are as competent as the core developers, you know what I mean. Are they as good in coding and finding solutions to Bitcoin's shortcomings? If you think they are, then who are the Bitcoin Unlimited developers and what have they accomplished?

Answers to these simple questions should be known to the community so we could form our own opinions and express them. I honestly do not know who the developers of Bitcoin Unlimited are except that it is led by Roger Ver which I think has his own agenda.

Everyone knows that all those alternative development teams aim to, is to take control of bitcoin, make their software the "official bitcoin", then live off the hope of bitcoin core devs keep doing the hard work (copy pasting their code and changing a couple of things then appealing to open source to justify this copy pasting)

Core team is the most competent team as demonstrated through the years, there's no doubt about this.
1480  Bitcoin / Bitcoin Discussion / Re: Bitcoin is being invaded by Leftists on: October 20, 2016, 01:43:03 PM

in the UK the royal family.. as someone who shant be named would say.. owns the country by right. and has then due to the peoples wish formed 2 oligarchies. the house of lords and the house of commons.. to have the authority over the country and manage her estate. and they would par-lay(negotiate) in a meeting place called parliament.
the queen invites her chosen people into authority in the lords chamber and the people choose their desire for who has authority in the commons chamber.
the queen still reigns over parliament and has veto power over any consensus agreed in parliament

this is still not good because there is still a power house that can become onesided.

many people now want local councils to have authority of their own area's while coming to a general agreement of national issues within parliament. without the oligarchy of 2 chambers.

american version would be the senators meeting at the senate to discuss U.S. national issues and come to an agreement, while still having local powers to do their own thing within the national rules.

however i see no point in one guy "presiding" over the senate, one women reigning over parliament with veto powers over any consensus made

I would have no problem with democracy in politics if people were smarter and more informed when voting, and of course given better candidates.

But bitcoin is not subject to public vote, it is wrong to consider bitcoin public property, while it has a public essence to it, in the sense that anyone can join, that doesnt make them automatically legitimate bitcoin authorities.

The only people that should have authority in bitcoin should be the bitcoin owners. So if the top 1000 bitcoin holders want Segwit, their wish should be granted, since they are the majority of the owners. Just like any company, this is the default organization system.

there are millions of bitcoiners.
but the votes are not done by the millions of lite-node/webwallet users.
relax its not hill billy jack or scouser jake voting for bitcoin rules. its usually smart people doing more then just "spending".

they are going to full node users/pool owners (usually smarter than average joe) and the 'pledge' they vote for is not made by the users but the devs (smarter then node operators) where the node operators vote for the pledge they deem best.

having just one pledge is bad. one leader is bad. thats a dictatorship

these pledges have been developed over time, with compromises and concessions in most cases, to ensure there becomes no single dictatorial ruler presiding or reigning over the network. but instead adjustments in all the pledges untill they all meet to get to a 95% agreement. allowing all parties to not be a central authority but all come to an agreement.

but as you say if it was opened up to a uninterested public vote of millions of people. it may end up like the UK talent show..
voting a dog as the most talented brit.. twice..
or
voting in politics, a pigs-head f**ker twice.

but suggesting only centralized elitists should vote, is worse.

If you aren't willing to run a node, your opinion doesn't count. People shitposting on reddit and on forums opinion is irrelevant. You need to put proof of work in other words, people running nodes and supporting the software, not some nonsense about how "people" want bigger blocks. Notice the big quotes on "people".

Quote
but suggesting only centralized elitists should vote, is worse.

This is what would happen with bigger blocks. Fewer and fewer people would be able to run their own node at home. Use your brain for once.
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