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1541  Alternate cryptocurrencies / Altcoin Discussion / Re: The Ethereum Paradox on: March 21, 2016, 06:27:49 PM

Those two Monero investors are so easy to beat in a debate because they are technologically impaired.

Notice even I provided a link to Vitalik for this thread, and have refuted where he replied to me twice (once on Reddit and once on his blog for Casper), he has (afaik) never replied to my refutations and never refuted my allegations in this thread about scaling, sharding, Nash equilibrium and security.

Also wherein I have explained that most Dapps such as Augur and Slock.it can't work technologically.

He completely avoids debating me on these issues.
1542  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum is better than.... on: March 21, 2016, 06:14:22 PM
You are about as creative as the developers I work with. Nothing wrong with it but as a creative director, I don't want to get into the details.  I idolize your skills as a programmer and as most great programmers your design and creative skills must suffer some (otherwise I wouldn't be able to get a job) Wink

Dude, I just designed a logo for my new crypto project which will make you eat your words.

Also look at the "Print Ad" (which I designed) that appears under the "Founder/Co-Founder" section of my career history:

https://www.linkedin.com/in/shelby-moore-iii-b31488b0

You seem to focus on the past/present and avoid where things are headed.

You will eat your words when you come to discover the multiple page version (which I just completed today) of the early initial draft of the "Mission Statement" for my crypto project.
1543  Alternate cryptocurrencies / Altcoin Discussion / Re: The Ethereum Paradox on: March 21, 2016, 06:06:46 PM
It's the same story again and again, I can't understand why anyone would get suckered into this. Ethereum at its base seems quite insecure, so there's a good chance it will be worth nothing in the long run.

[...]

Today ETH can perform exactly the same as Bitcoin, as a currency too. Arguably even better. ETH is not Ethereum, it's a part of it. Saying that Ethereum was not designed to work as a currency is wrong. The correct definition is: Ethereum was not designed to be JUST a currency. People are usually confused by this subtle difference. Seems you are one of these people.

So, please explain what usefulness does Bitcoin have that Ethereum can't provide that makes Bitcoin  worth 40 times ETH?

Bitcoin is not turing complete for a reason

thms, Bitcoin's consensus algorithm doesn't have to support the scaling and Nash equilibrium problems that Dapps introduce. Thus Bitcoin is more viably secure than Ethereum can ever be.
1544  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH GETTING DUMPED HARD!!!! on: March 21, 2016, 06:04:07 PM
It's the same story again and again, I can't understand why anyone would get suckered into this. Ethereum at its base seems quite insecure, so there's a good chance it will be worth nothing in the long run.

[...]

Today ETH can perform exactly the same as Bitcoin, as a currency too. Arguably even better. ETH is not Ethereum, it's a part of it. Saying that Ethereum was not designed to work as a currency is wrong. The correct definition is: Ethereum was not designed to be JUST a currency. People are usually confused by this subtle difference. Seems you are one of these people.

So, please explain what usefulness does Bitcoin have that Ethereum can't provide that makes Bitcoin  worth 40 times ETH?

Bitcoin is not turing complete for a reason

thms, Bitcoin's consensus algorithm doesn't have to support the scaling and Nash equilibrium problems that Dapps introduce. Thus Bitcoin is more viably secure than Ethereum can ever be.
1545  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH GETTING DUMPED HARD!!!! on: March 21, 2016, 06:00:31 PM
Edit: I just saw: Issues are going up ..

https://github.com/ethereum/mist/issues

That may be indicative of Mist Dapp browser being in the alpha stage. These issues may not apply to the block chain protocol. I just perused them so I can't say for sure.
1546  Alternate cryptocurrencies / Altcoin Discussion / Re: The altcoin topic everyone wants to sweep under the rug on: March 21, 2016, 05:20:43 PM
I created the thread(s) that attempts to decipher what the existing law is on this issue:

https://bitcointalk.org/index.php?topic=1218399.0

I have concluded that offering an ICO/IPO is incredibly risky for the developers and insiders. I think the G20 will eventually come after them in a concerted cooperation by governments to appease the voters who are fed up with corruption in government and banking. The G20 will use this as a political witch hunt to divert attention from the sovereign debt collapse that socialism created.

Having said that, philosophically I would wish for absolutely no regulation and let fools loose their money because they are fools. That should move the money to those who aren't fools and thus make the economy more productive.

But making decisions based on what I wish to be, is not a pragmatic methodology. Being a lead developer on my own crypto project, I must obey the law that is, not my fantasies of what I wish it would be.
1547  Alternate cryptocurrencies / Altcoin Discussion / Re: [FACT] Spoetnik supports IPO/ICO coins.. on: March 21, 2016, 05:18:55 PM
I created the thread(s) that attempts to decipher what the existing law is on this issue:

https://bitcointalk.org/index.php?topic=1218399.0

I have concluded that offering an ICO/IPO is incredibly risky for the developers and insiders. I think the G20 will eventually come after them in a concerted cooperation by governments to appease the voters who are fed up with corruption in government and banking. The G20 will use this as a political witch hunt to divert attention from the sovereign debt collapse that socialism created.

Having said that, philosophically I would wish for absolutely no regulation and let fools loose their money because they are fools. That should move the money to those who aren't fools and thus make the economy more productive.

But making decisions based on what I wish to be, is not a pragmatic methodology. Being a lead developer on my own crypto project, I must obey the law that is, not my fantasies of what I wish it would be.
1548  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum is a billion dollar bubble on: March 21, 2016, 05:10:26 PM
It's getting pretty hard for anyone to make the case that Ethereum isn't a giant bubble. What makes this coin worth a billion dollars?

Selling all the ETH will never net $billion. Maybe $10 million before the price is near 0 due to the selling.

Market cap is a misleading metric.

More relevant is volume, except we have no way to know what percent of the volume is real versus insiders buying from the themselves to pump the price and volume up.
1549  Alternate cryptocurrencies / Altcoin Discussion / Re: Which altcoins are most attractive to people not in crypto before? on: March 21, 2016, 05:08:49 PM
Re: Which altcoins are most attractive to people not in crypto before?

Mine.
1550  Alternate cryptocurrencies / Altcoin Discussion / Re: Is ANY coin even Attempting Mass Adoption, Seriously!!!! on: March 21, 2016, 05:06:28 PM
Re:  Is ANY coin even Attempting Mass Adoption, Seriously!!!!

Yes and seriously.
1551  Alternate cryptocurrencies / Altcoin Discussion / Re: IOTA - is it shaping up to be a HUGE SCAM?? let's take a closer look on: March 21, 2016, 05:05:07 PM
Hint - if you look at @CfB's post calling to reduce the number of topics attacking IOTA it is clear they don't really have many people at all (perhaps nearly all that they have are sock-puppets).

So my advice would be to create ten more such topics and "wear them out" (it probably won't take more than a week to see them making a big mistake due to being too tired).

No, please, don't do it.

I agree. Please don't spam the forum with duplicate topic threads.

When I post the same post to multiple threads, it is often because someone spammed the forum by creating multiple threads on the same topic. It is nearly impossible to have coherent discussion that is spread across numerous threads.

1552  Alternate cryptocurrencies / Altcoin Discussion / Re: I'm holding some ETH on: March 20, 2016, 01:31:15 PM
I recently sold my ETH, but maybe I will buy it again and hold it, because I am very happy to trade with ETH, it makes me really profit  Smiley

https://www.youtube.com/watch?v=kn481KcjvMo#t=60  <--- Very important
1553  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Vitalik flee the country after the Eth scheme implodes? on: March 20, 2016, 01:23:51 PM
Listening forward to the end of the 15th minute, will if you are solid senior level software engineer with a strong economics expertise, start to make you realize that Vitalik is an unrealistic dreamer who doesn't think out the real world insolubility of his childish fantasies.


Maybe you are too logical... What is an unrealistic dreamer?

“Imagination is more important than knowledge...

I am extremely creative (did you not look at CoolPage.com or Corel Painter on which I created or worked on as a programmer and graphic artist). How about my essays[1]. How about the print ads I did for WordUp which I also programmed. The difference is I am a realistic dreamer with a realistic plan who has proven I make products that end up used by millions. Vitalik lacks the realistic grounding (and no experience!) to choose viable goals and implement them effectively. What a horrible destruction of a math nerd to allow him to enter this fantasy world where he can sell childish, unrealistic fantasy technobabble to gullible speculator n00bs.

[1]http://unheresy.com/
https://bitcointalk.org/index.php?topic=355212.0
http://web.archive.org/web/20140225115821/http://www.coolpagehelp.com/index.html?row2col2=developer.html

[...]
1554  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum is better than.... on: March 20, 2016, 01:15:38 PM
Listening forward to the end of the 15th minute, will if you are solid senior level software engineer with a strong economics expertise, start to make you realize that Vitalik is an unrealistic dreamer who doesn't think out the real world insolubility of his childish fantasies.


Maybe you are too logical... What is an unrealistic dreamer?

“Imagination is more important than knowledge...

I am extremely creative (did you not look at CoolPage.com or Corel Painter on which I created or worked on as a programmer and graphic artist). How about my essays[1]. How about the print ads I did for WordUp which I also programmed. The difference is I am a realistic dreamer with a realistic plan who has proven I make products that end up used by millions. Vitalik lacks the realistic grounding (and no experience!) to choose viable goals and implement them effectively. What a horrible destruction of a math nerd to allow him to enter this fantasy world where he can sell childish, unrealistic fantasy technobabble to gullible speculator n00bs.

[1]http://unheresy.com/
https://bitcointalk.org/index.php?topic=355212.0
http://web.archive.org/web/20140225115821/http://www.coolpagehelp.com/index.html?row2col2=developer.html



XRP has no involvement in permissioned, centralized systems.

Except that its consensus protocol is permissioned, centralized.

As far as I know Ripple does not use PoS.

You didn't comprehend the links I provided to you.
1555  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum is better than.... on: March 20, 2016, 02:41:33 AM

...

Ripple promulgates a lot of hyped nonsense to n00bs in the government, W3C, and banking sector who don't understand the details.

I think the greatest irony is how Larry Summers et al don't realize that they are crafting their own demise by investing in shit such as profitable mining, Lightning (channelled) Networks, smart contracts, Ripple nonsense, etc..

Centralized and federated shit does not scale:

...

Btw, proof-of-stake will never scale out user adoption, because it is a vested interest paradigm, and thus will be destroyed by its stake holders. No stake holder (in any context or business model) allows a competitor to profit. Only permissionless, decentralized systems scale.

Microsoft will whore itself any way it can to try obfuscate that it is a dying dinosaur.
1556  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Vitalik flee the country after the Eth scheme implodes? on: March 20, 2016, 02:34:17 AM
BTW - Here is a link that confirms "A rumor has been circulated recently that VB almost came to work for Ripple"
https://youtu.be/fbEtivJIfIU?t=11m7s

Listening forward to the end of the 15th minute, will if you are solid senior level software engineer with a strong economics expertise, start to make you realize that Vitalik is an unrealistic dreamer who doesn't think out the real world insolubility of his childish fantasies.
1557  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum is better than.... on: March 20, 2016, 02:33:06 AM
BTW - Here is a link that confirms "A rumor has been circulated recently that VB almost came to work for Ripple"
https://youtu.be/fbEtivJIfIU?t=11m7s

Listening forward to the end of the 15th minute, will if you are solid senior level software engineer with a strong economics expertise, start to make you realize that Vitalik is an unrealistic dreamer who doesn't think out the real world insolubility of his childish fantasies.
1558  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum is better than.... on: March 20, 2016, 02:21:23 AM
Buterin "10 banks less likely to collude than 3-5 mining pools"
https://youtu.be/naKvYfYsBQo?t=46m55s

Strawman.

3-5 mining pools are less likely to collude than 2 mining pools.

The odds of not having an oligarchy form from banks is 0. Has this "super smart" idiot even studied any history at all. Oh yeah I guess he was too busy playing with his belly button and while doing math in his head to actually waste his time studying real world history.
1559  Alternate cryptocurrencies / Altcoin Discussion / Re: Which altcoins are most attractive to people not in crypto before? on: March 20, 2016, 02:07:06 AM
I do not see a problem with proof-of-stake really, could you explain further?

...

...rely on the centralization of proof-of-stake which destroys the Nash equilibrium security in a power vacuum winner-take-all political economics...
1560  Alternate cryptocurrencies / Altcoin Discussion / Re: Which altcoins are most attractive to people not in crypto before? on: March 20, 2016, 01:40:48 AM
But it relies on centralization of the proof of BOINC and proof-of-stake, which thus guarantees it won't scale to anything significant, as vested interests will strangle it.

...

Btw, proof-of-stake will never scale out user adoption, because it is a vested interest paradigm, and thus will be destroyed by its stake holders. No stake holder (in any context or business model) allows a competitor to profit. Only permissionless, decentralized systems scale.

It will perhaps be good for a P&D, because so many fools believe technological nonsense because they don't understand.

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