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1561  Bitcoin / Bitcoin Discussion / Re: Satoshi Nakamoto Latest: I Am Not Craig Steven Wright. (CSW v SNW) on: February 09, 2021, 06:43:48 PM
You should have included some references that explains fully what you’re talking about here so that those of us who don’t understand what you’re talking about can go there to read the full story and understand what you’re talking about.

The problem with made up fairytales is that there are no references. 

The person who made this topic has probably made a dozen guesses about satoshi's identity already and none of those were right either.  Give it a few months and they'll have another new, but equally wrong, theory.  They don't know anything, they just want you to think they do.  It's either attention seeking because they're lonely, or clickbait to drive traffic to their crappy website.  Improve your forum browsing experience by putting them on ignore.
1562  Economy / Economics / Re: Im big fan of stable coins and this is what I think on: February 08, 2021, 02:45:57 PM
Its always easy to critizise other ideas and plans but do you have any better?

Yes, I'm going to keep accumulating bitcoins.  Unlike stablecoins, the number of advantages gained from hodling BTC appears to outweigh the disadvantages.  

All I can see for hoarding stablecoins is a long list of negatives:

  • Your wealth isn't actually yours
  • May not be backed 1:1
  • Weak to regulatory shutdown
  • Would be in direct competition with CBDCs if they launch
  • Won't increase in value versus the underlying fiat currency


Now, please, either come up with some ideas that aren't as easy to criticise, because you've actually put some thought and understanding into them, or stop complaining.  If you sincerely believe that all ideas are worthy of praise, regardless of substance, then I'm going to assume I'm talking to a child here.  It's a simple fact of life that you need to demonstrate at least some basic competence in your chosen subject in order for your ideas to be taken seriously.  Anyone who has been around crypto for a while can tell right away that you don't understand what you're saying.


its only matter of time once the stable coins becomes approved by government as accepted currency world wide.

Again, no government or central bank in their right mind is going to give a private company that much influence over their economy.  Also, the underlying US Dollar isn't "accepted worldwide".  I can't spend American cash in any shop in my country.  So there's no point in pretending the token that (supposedly) represents US Dollars would be accepted in retail stores by the general public anywhere other than America either.

Enough with the flights of fancy and wishful thinking.  Stop dreaming.  It's time to get real and show some common sense now.

1563  Economy / Economics / Re: Im big fan of stable coins and this is what I think on: February 08, 2021, 10:59:03 AM
There are only two possibilities when it comes to stablecoins and savings.  Either:

    a) they're not designed for that purpose, or
    b) whoever designed them did a terrible job on fulfilling that particular aspect


Anyone who thinks they're going to strike it rich by hodling an IOU that's pegged to fiat is setting themselves up for a fall.  The only useful purpose of stablecoins is to daytrade with other coins in an attempt to turn a profit.
1564  Bitcoin / Bitcoin Discussion / Re: Why bitcoin is not censorship resistent. on: February 07, 2021, 03:32:07 PM
We've already seen pools that are volunteering to be regulatory-compliant.  I guess we'll see how successful/unsuccessful those are before we worry about the theoretical threat from forced compliance.  If push came to shove, I could see temporary pools forming and disbanding on a regular basis to play a game of whack-a-mole with law enforcement.
1565  Economy / Economics / Re: Wow this guy was warning many times about 2020 market crash on: February 07, 2021, 12:42:24 PM
Now that I think about it, you two have the same non sense topics and the way you structure your posts that are filled with errors.
I've been thinking the same for some time.  If OpenCryptoSystem is an alt of polo7, then they're ban evading.
That is not enough evidence for nailing someone to conviction. Most users in the forum tend to mimic some word patterns from other users that they unconsciously or consciously look up to. As @Casdinyard says, quality of the topics is not a good basis but there should be a limit to not ignoring the pattern, two is a coincidence but multiple times is a pattern. We can't really convict them even if that were really the case, they are not abusing the forum or the campaigns in any way. Maybe @Lorence.xD must be seeing things but who knows, we can't be sure.

Hence the conditional "if" statement.  A lack of proof at this stage doesn't mean people aren't monitoring the situation closely.  I feel my suspicions are valid, but suspicions are all they amount to at the moment.
1566  Alternate cryptocurrencies / Altcoin Discussion / Re: Wrapped Bitcoin and its affect on supply on: February 06, 2021, 08:45:12 PM
The WBTC you actually see on coinmarketcap is equivalent to locked Real Bitcoin

At the time of writing, it says 121,076 WBTC is in circulation.  How can that be possible?  The Lightning Network only has ~1,075 BTC circulating, so I don't see why over 100x more would be locked up up in some ETH farcecoin.  Either CMC is wrong or someone is printing that stuff out of thin air.
1567  Economy / Economics / Re: Wow this guy was warning many times about 2020 market crash on: February 06, 2021, 05:55:35 PM
Now that I think about it, you two have the same non sense topics and the way you structure your posts that are filled with errors.

I've been thinking the same for some time.  If OpenCryptoSystem is an alt of polo7, then they're ban evading.
1568  Other / Meta / Re: HTML signature on: February 05, 2021, 09:53:43 PM
I suspect it would result in a few people breaking the layout of the forum.  If CSS were permitted and people can start using stuff like float/position/overflow/etc, I could envision all manner of unwanted fuckery.  It would open up some serious concerns over the potential for clickjacking as well.
1569  Alternate cryptocurrencies / Altcoin Discussion / Re: Wrapped Bitcoin and its affect on supply on: February 05, 2021, 06:40:16 PM
Certainly appears to involve a greater level of trust than I'm prepared to afford it.  I do find it difficult to believe there's almost 120000 BTC tied up in this thing.  There's no impact on Bitcoin's supply if they are printing these tokens from nothing, though.  They're two very separate things.
1570  Bitcoin / Bitcoin Discussion / Re: Satoshi Nakamoto Latest: I Am Not Craig Steven Wright. (CSW v SNW) on: February 03, 2021, 08:04:09 AM
Dr Josef Hoffman has published the real Satoshi Nakamoto.

Stop talking about yourself in the third person.  It's lame.

Also, you haven't provided anything new that hasn't been posted here on the forums already.  If you want to be known as a trash recycler who peddles old theories that don't stand up to scrutiny, keep up the sterling work, I guess.  No one needs to give page impressions to your website.  It doesn't have anything to offer.
1571  Bitcoin / Press / Re: 2021-02-02 Forbes - Bitcoin Is Not Money—Yet on: February 02, 2021, 10:32:17 PM
Given that many places have been printing even more money than they usually do to bolster their economy due to the pandemic lockdowns, it's not a question of "if" there will be consequences on the horizon, but "when".  It's going to take a bit of time before the full effects are felt, but it will happen.  Inflation is going to become an increasing concern and it will impact how the public perceive their money.  Any arguments they make about "stable value" in Bitcoin won't hold up very well if fiat can't hold its own value.
1572  Bitcoin / Bitcoin Discussion / Re: Why was Musk so late to the party? / or Publically support BTC on: February 02, 2021, 02:08:53 AM
Musk was involved with paypal, and has access to a lot of high tech and high tech advisors.

Why then was he so late to support BTC?

In the grand scheme of things, he's not actually that late.  Bitcoin still isn't exactly mainstream yet.  History will still record that he was "in" before some of the other big-name businessmen.  And still before the vast majority of the general masses.  
1573  Other / Meta / Re: Wall of fame / shame. Shit posts so bad that they are actually funny on: February 01, 2021, 09:13:23 PM
If I found out satoshi, I would ask him to pay me just 100 bitcoins for not revealing his identity.

Well that's charming.  I have a suspicion that openly admitting you'd blackmail someone who is revered within the community might not be a great way to make a name for yourself.    Roll Eyes
1574  Bitcoin / Bitcoin Discussion / Re: If Satoshi Nakamoto is Revealed Today, How Much it will Cost to Read ? on: February 01, 2021, 12:50:05 PM
I have managed to contact the Journalist. I have asked him several questions.He has confirmed that he has found the 100% real Satoshi Nakamoto. He said, he joined the Bitcoin space in 2014 and left his work to beome a full time Bitcoin trader. He has traded a big volumes  of Bitcoin in the last 6 years. He is not working to publish the news regarding satoshi to make money from his investigation. My third question was how much he spent to find satoshi ?  He has answered, he and his twin brother who is a news broadcaster in the main stream media and other 6 people worked in his team to finally discover the trues Satoshi nakamoto. He has answered my 7th question, a total 470,000 Euro he has spent over the last 6 year  but he is not planning to charge any money to the reader to read his feature news report for breaking news of Satoshi Nakamoto. He said, Satoshi Nakamoto is one single man, who invented Bitcoin and Blochcain and few developers joined latter to improve his Bitcoin Core Network that he designed. He is not scared of Goverment as he has not committed any crime by inventing Bitcoin and Blockchain and by innovating the financial service industry. He said, governments secret service new about his Bitcoin development project since the beginning while he was designing the Blockchain.

Right... so this entire topic is just a diversionary way of pretending that you know satoshi's identity and you figure you'll stir up more interest if you make it sound more mysterious and act like there are other people involved.  There is no "journalist" in the accepted sense of the word, you're not in contact with anyone.  You are the discredited loser behind "Hoffman investigations" and you are weaving fictional tales.  Thanks for letting us all know you're full of shit.

Obviously the reason you were asking how much people would pay to read the article is because you wanted to check if anyone was stupid enough to give you money in order to see your lies.
1575  Bitcoin / Bitcoin Discussion / Re: If Satoshi Nakamoto is Revealed Today, How Much it will Cost to Read ? on: January 31, 2021, 02:41:33 PM
It's still a pretty big "if".  Journalists have been trying for years now and still haven't had any success.  It's also worth considering that most reporters probably lack the knowledge and understanding necessary to carry out such an investigation.  We all remember Dorian when a journalist "found" satoshi because "hey look, it's the same surname".  If this example is representative of the pinnacle of everything the media are capable of, I'm pretty confident they're not going to be the ones who unmask Bitcoin's creator.  

Even if we take into consideration all the forensic blockchain analysis certain companies are doing to monitor and track Bitcoin transactions, that would still be largely ineffective in tracking down the real satoshi because satoshi wasn't known for sending many transactions.  If some of the sharpest minds in crypto have tried to figure who satoshi is for ever a decade and the answer is still not known, then we'll probably never know.  Many of the people in crypto wouldn't want to unmask satoshi anyway.  Beyond simply wanting to respect their privacy in acknowledgement of the gift they've given us, there's also the safety implications to consider.  If the world knew who satoshi was and the wealth they possessed, it would paint an enormous target on not only their back, but the backs of their family as well.  They would almost certainly become targets for harassment by criminals.  So it stands to reason that those who would be most capable of identifying satoshi would generally prefer not to do that conclusively, because it would be a dick move and they would be putting innocent people in danger.

And finally, it doesn't matter who anyone publishes a story about claiming they're satoshi.  There are only theories and coincidences.  Never any substantial evidence.  Many people still won't accept whatever "proof" is given unless it's a cryptographic signature from an address satoshi is known to have used.  There have been too many impersonators for people to take it seriously now.

Worry about more important things.  It doesn't matter what theoretical price an article would cost to read if the article in question is total BS.
1576  Other / Meta / Re: Why are there people with 1000 merits? on: January 31, 2021, 02:08:27 PM
There have been numerous discussions about the possibility of decaying the airdropped merits over time.  The tricky part is all the accounts from the early days of Bitcoin which are no longer active.  The contributions people make to a project in its infancy often has a larger impact than someone contributing to a well-established project.  Some of those users, due to the nature of network effects, did more for Bitcoin adoption than any user could ever contribute now, so it would be disrespectful to deprive them of their rank.  

If we did implement decay of airdropped merit, I think it would have to be tied to activity.  For example, if an account is completely inactive, there should be no decay.  They would effectively have an honourary rank.  But if an account's activity is increasing, then airdropped merit can decay over time.  It's the only way to do it fairly.
1577  Bitcoin / Press / Re: 2021-01-30 Forbes - Data Reveals Bitcoin Could Be About To Become The New GME on: January 30, 2021, 06:34:59 PM
Quote
Bitcoin has surged this week, climbing after Tesla TSLA -5% chief executive Elon Musk gave the cryptocurrency a tacit endorsement.

Musk sent the bitcoin price sharply higher as a long-running battle between bullish retail traders organised via Reddit's WallStreetBets forum and Wall Street hedge funds that have long been shorting GameStop shares reached its climax—with regulators and brokerages trying to calm frantic markets with heavy-handed restrictions.
https://www.forbes.com/sites/billybambrough/2021/01/30/bitcoin-price-data-reveals-bitcoin-could-be-about-to-become-the-new-gamestop/

Oh Billy, another one from your side. Your friends cannot do what has been done to GME on BTC markets. They cannot be shut down, let alone get closed. It was too juicy for you to refrain commenting the GME drama in relation to BTC but your words shall not pass.

I don't get the sense from the article that the author is saying BTC markets can be shut down (aside from any on Robinhood, of course).  The main commentary just seems to drawing parallels around the price surge and the part where some institutional investors have left themselves in a precarious position with shorts that are currently losing them money.
1578  Bitcoin / Bitcoin Discussion / Re: So this is it big players now rob small traders on: January 29, 2021, 11:47:11 PM
Very disapointed the big crypto players now rob small players !

What do you mean? What disappoints you here?

They posted this with their other account, so I'm guessing it's that.
1579  Bitcoin / Bitcoin Discussion / Re: If you don't know or understand what happened today with cryto read this. on: January 29, 2021, 04:06:53 PM
It does once again raise the question as to whether our markets are genuinely capitalist or not.  Apparently it should only be a case of "let the market decide" when it suits the establishment.  If hedge funds are gambling recklessly to the point where they risk bankrupting themselves, I'd say this outcome is their own stupid fault.  If they hadn't taken dumb risks, it wouldn't have mattered if Reddit was plotting against them or not.


//EDIT:  Facebook have subsequently shut the Robinhood Trader's group:
https://www.theguardian.com/technology/2021/jan/29/facebook-shuts-popular-robinhood-stock-traders-group-amid-gamestop-frenzy

The establishment is apparently a bit flustered and looking to put the kibosh on this uprising.
1580  Economy / Economics / Re: What do people think about CBDC? on: January 28, 2021, 07:49:24 PM
Is this something that will be able to compete with Bitcoin and Monero?

They won't really be comparable.  I still think CBDCs won't even resemble a cryptocurrency in the sense we're accustomed to.  The infrastructure will be entirely different and I'm fairly certain they won't appeal to the same audience as crypto does.

People often give me the impression they think a CBDC will be something they can send to an exchange and use it to trade with like they do other coins.  I don't personally see that happening.  My suspicion is we'll see the shortcomings of a total lack of censorship resistance right away, when people discover their bank won't allow them to send payments to an exchange using such a platform. 
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