Whoops: "The other thing we added was the ability to create multiple-choice markets. In the alpha we only had binary yes or no markets."
It can be just a coincidence. My point is they just decided to surely break Augur (although it was already doomed for the other reasons I enumerated). Whether the timing of my reading of that statement about the Augur beta is coincidence to the timing of my post, is not my point. Lol. I think CfB was pulling a Mark Twain on me. He must have meant that it could be just a coincidence and that I didn't really read that article before making the post yesterday. Clever way of insinuating that I might not have been clairvoyant. |
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I doubt that anyone will be objective with this poll and will simply put as a scamcoin all the crypto-currency that he think (or even not, most of them are parrots) to be scams.
Worse yet, I fear that many vote for what ever they don't own. But perhaps they don't own what they think is a scam. I think we've given a lot of explanation in this thread about which are scams and why. There are outright fraudulent scams (e.g. Dash) and then flawed hyped ICOs (so flawed they can't even function for anything at any scale worth mentioning) which are most of the coins on the list, except not Bitcoin, Litecoin, Monero. Some of those (e.g. Iota) might function as centralized up to the point that vested interests prevent further adoption and scaling (barring any technical reinterpretation that I failed to see coming). |
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Of course, he "forgot" to mention that Iota package contains the source code and unobfuscated binaries that can be reverted back into the almost original source code (different indent and different local variables). Since he closed his thread, I mentioned here to give you a place to rebut. |
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Vlad2Vlad thinks it is ixcoin: The deeper I go down this rabbit hole the more spooked I get.
This is getting seriously ridiculous even for a guy like me.
The Oxyrhynchus Papyrus is the oldest known copy of the Book of Revelations (Apocalipsa).
Here is a chunk of it - the original Greek version as handwritten by Apostle John, before it was translated into all the other languages of the world. This chunk is from Revelations 13 where Apostle John states the riddle of the mark (Symbol) and number of the beast which is chi-iota-sigma (Greek Translation is 616 not 666). The riddle of the mark (Symbol) and number of the Beast as seen in the visions of Apostle John. |
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Vlad2Vlad thinks it is ixcoin: The deeper I go down this rabbit hole the more spooked I get.
This is getting seriously ridiculous even for a guy like me.
The Oxyrhynchus Papyrus is the oldest known copy of the Book of Revelations (Apocalipsa).
Here is a chunk of it - the original Greek version as handwritten by Apostle John, before it was translated into all the other languages of the world. This chunk is from Revelations 13 where Apostle John states the riddle of the mark (Symbol) and number of the beast which is chi-iota-sigma (Greek Translation is 616 not 666).The riddle of the mark (Symbol) and number of the Beast as seen in the visions of Apostle John. |
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Vlad2Vlad thinks they will get it right with ixcoin: The deeper I go down this rabbit hole the more spooked I get.
This is getting seriously ridiculous even for a guy like me.
The Oxyrhynchus Papyrus is the oldest known copy of the Book of Revelations (Apocalipsa).
Here is a chunk of it - the original Greek version as handwritten by Apostle John, before it was translated into all the other languages of the world. This chunk is from Revelations 13 where Apostle John states the riddle of the mark (Symbol) and number of the beast which is chi-iota-sigma (Greek Translation is 616 not 666).The riddle of the mark (Symbol) and number of the Beast as seen in the visions of Apostle John. |
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Well the offer me to buy some software during Crowdsale, I liked the idea DAG and bought some. What have I done wrong  Did you verify that Iota adhered to all laws and regulations for selling investment securities in every jurisdiction where they offered the "tokens" for sale to investors? Specifically did they register these tokens with the SEC in the USA? If not, did they restrict non-qualified USA investors from obtaining the coins? I hope you aware it is against the policy of crowdfunding sites such as Kickstarter and Indiegogo to offer any shares or redeemable tokens to contributors. Why would we ever register with SEC to sell software? I know you want to pretend you're a lawyer, but c'mon, this is pretty basic. When I talked with our lawyers about this there was absolutely no constraints on selling software to the US. Afaik, you sold a token which can be resold by investors. The Supreme Court has said about the Howey test, that it would look past all attempts to obfuscate a security. Software is not an investment, rather it is purchased for a use case. The Howey test looks at what the expectations were of those purchasing. Your lawyers are ignorant apparently. |
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Vlad2Vlad thinks it is ixcoin: The deeper I go down this rabbit hole the more spooked I get.
This is getting seriously ridiculous even for a guy like me.
The Oxyrhynchus Papyrus is the oldest known copy of the Book of Revelations (Apocalipsa).
Here is a chunk of it - the original Greek version as handwritten by Apostle John, before it was translated into all the other languages of the world. This chunk is from Revelations 13 where Apostle John states the riddle of the mark (Symbol) and number of the beast which is chi-iota-sigma (Greek Translation is 616 not 666).The riddle of the mark (Symbol) and number of the Beast as seen in the visions of Apostle John. |
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Fornication seems pretty centralized to me if 1 in 200 people is a descendent of Ghengis Khan.
The great thing about nature if even if you impregnated every woman on earth, your genes would become so diluted over time by the recombinations of fornication that follow your legacy. Nature is resilient and routes around Coasian barriers, because the Second Law of Thermodynamics trends to maximum. If it were not this way, the past and future would collapse into a predetermined static nothingness. Specifically the speed-of-light term in the Lorentz factor would be infinite so there would be no time dilation at any relative velocity of the relative inertial frames. |
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Well the offer me to buy some software during Crowdsale, I liked the idea DAG and bought some. What have I done wrong Did you verify that Iota adhered to all laws and regulations for selling investment securities in every jurisdiction where they offered the "tokens" for sale to investors? Specifically did they register these tokens with the SEC in the USA? If not, did they restrict non-qualified USA investors from obtaining the coins? I hope you aware it is against the policy of crowdfunding sites such as Kickstarter and Indiegogo to offer any shares or redeemable tokens to contributors. |
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Well the offer me to buy some software during Crowdsale, I liked the idea DAG and bought some. What have I done wrong If you want to speculate on software that is created by someone who isn't even a qualified software engineer then that is up to you. Just don't complain when it all goes sour. I use Facebook (software written by not a qualified software engineer Mark Zuckerberg) - have no problems during last 10 years. But thank you. Nonsense. Facebook has 1000s of employees and many professional software engineers. |
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Well the offer me to buy some software during Crowdsale, I liked the idea DAG and bought some. What have I done wrong Did you verify that Iota adhered to all laws and regulations for selling investment securities in every jurisdiction where they offered the "tokens" for sale to investors? Specifically did they register these tokens with the SEC in the USA? If not, did they restrict non-qualified USA investors from obtaining the coins? I hope you aware it is against the policy of crowdfunding sites such as Kickstarter and Indiegogo to offer any shares or redeemable tokens to contributors. |
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Well the offer me to buy some software during Crowdsale, I liked the idea DAG and bought some. What have I done wrong Did you verify that Iota adhered to all laws and regulations for selling investment securities in every jurisdiction where they offered the "tokens" for sale to investors? Specifically did they register these tokens with the SEC in the USA? If not, did they restrict non-qualified USA investors from obtaining the coins? I hope you aware it is against the policy of crowdfunding sites such as Kickstarter and Indiegogo to offer any shares or redeemable tokens to contributors. |
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When five MAD men carrying box cutters and riding camels buy ETH from themselves to create the illusion of a $billion market cap, I know crypto has turned into a cess pool going no where.
They can't just be buying from themselves. All the miners must be paid as well... I bet the mining is largely a set of insiders who were told to borrow money and mine the shit out of it, because they would be part of the P&D. So I do believe the majority of the miners are cooperating with those who are executing this P&D. Mining with GPUs doesn't mean widely held. hv_ conjectured upthread that the Chinese are trying to obtain ETH in order to monopolize the coming switch to proof-of-stake consensus in Casper. Thus they would not be selling and they may be involved in the P&D by taking huge short positions, so they can scoop up the coins cheaply. |
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Whoops: "The other thing we added was the ability to create multiple-choice markets. In the alpha we only had binary yes or no markets."
It can be just a coincidence. My point is they just decided to surely break Augur (although it was already doomed for the other reasons I enumerated). Whether the timing of my reading of that statement about the Augur beta is coincidence to the timing of my post, is not my point. |
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Day variation are nothing, you need to view it in med / long term. Indeed, but OP was the one trying to assert that Armstrong claimed a crash on Pi day, which of course is slander. Armstrong's point is about an inflection point in the general trends of the global debt crisis and markets, not that every single asset class will crash on that day. |
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When five MAD men carrying box cutters and riding camels buy ETH from themselves to create the illusion of a $billion market cap, I know crypto has turned into a cess pool going no where.
They can't just be buying from themselves. All the miners must be paid as well... I bet the mining is largely a set of insiders who were told to borrow money and mine the shit out of it, because they would be part of the P&D. So I do believe the majority of the miners are cooperating with those who are executing this P&D. Mining with GPUs doesn't mean widely held. hv_ conjectured upthread that the Chinese are trying to obtain ETH in order to monopolize the coming switch to proof-of-stake consensus in Casper. Thus they would not be selling and they may be involved in the P&D by taking huge short positions, so they can scoop up the coins cheaply. |
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Bottom line is that the block chain is applicable for recorded state transitions that can be proved to be correct from data internal to the block chain. It is not applicable to anything which requires subjectivity about data external to the state in the block chain.
So most everything people are proposing for Dapps, can't work without breaking the objective census mechanism and thus destroying the Nash equilibrium security of the consensus due to a Prisoner's dilemma over which is the consensus choice.
And validation will always end up centralized for any block chain (smart contracts or crypto currency) no matter which consensus design is chosen.
Ethereum will crash and burn eventually. For a while, they might be able to keep the market fooled with technobabble and centralized training wheels.
This even applies to the Internet of Things as you (or a hacker or the manufacturer) can program your things to lie, correct? I was thinking on how to defend autonomous cars from hackers and thought a decentralized consensus network offered the best chance of secure/safe driving, but reading your posts, makes me think that it will either be a state system or off-ramped to a corporate system, but it can't be decentralized because the blockchain can only verify its chain in a decentralized manner--hope I'm reading this aspect correctly. The only way to have an external data feed that is not binary is to delegate to a centralized source, because even if we use reputation (or stake deposits) to prevent Sybil attacks and take a vote, the problem is that such a vote only surely converges to a majority outcome if the choices are only binary (e.g yes or no). Otherwise we can get forks which disagree on the consensus choice.So conceptually an Augur-like prediction market could work if the bet outcomes are binary. But this reputation consensus has to be integrated with the block chain consensus and can't be orthogonal to it. Augur's mistake is building a reputation consensus on top of Ethereum's separate (but not orthgonal!) consensus protocol, which thus destroys the Nash equilibrium and creates a Prisoner's dilemma over which is the consensus choice. But an additional problem, is that reputation systems are a power vacuum that ultimately centralize to a winner-take-all due to the Iron Law of Political Economics. And the flaws of proof-of-stake have been enumerated. I'd be interested in seeing a proof-of-work consensus for binary outcome predication bets. But that will have serious problems if the binary outcomes are not objectively clear to all miners. Whoops: "The other thing we added was the ability to create multiple-choice markets. In the alpha we only had binary yes or no markets."
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