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1701  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptocurrencies with a masternode system on: March 13, 2016, 09:13:10 AM
In addition to devolving the proof-of-work into a proof-of-stake non-security shitcoin consensus system, more importantly it is a great scam system:

The rest of your post was gracious, but really you don't understand that the insiders stole the supply and then they crafted masternodes which they could own most of, which thus pay them dividends, so they own an eternal supply of coins to P&D with. There is mining debasement that appears to be decentralized, except due to insider control over masternodes, the debasement ends up back in the insiders' pockets for dumping on greater fools.
1702  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Vitalik flee the country after the Eth scheme implodes? on: March 13, 2016, 09:02:23 AM

is their a comedy section to this forum.. I guess ill report this and see if maybe we can get this moved there.. Can i ask those of you that think this was made out of thin air What are your views of bitcoin then..  Get over it.. Fiat is DEAD  BTC is DEAD... Ethereum is the new btc.  Actually it far exceeds what btc could ever hope to be..   Good luck with your thread.. im sure it satisfies that little part of your brain;)

When I read posts like this I often wonder if the poster actually realises how Ethereum was designed and for what purpose.

For a start Ethereum tokens were not intended as a store of value. The emission curve is huge - another 20 million coins coming online in 12 months. That means even if it maintains its marketcap, the value of your coins will depreciate by about 28% against Bitcoin.

That's not just FUD - it's by design so that people don't "hoard" it and it gets used for apps etc.

Just sayin - when you post stuff like "BTC is dead" t just wreaks[reeks] of ignorant drunken fever. What do actually know about how to make a valuation of this crypto ?

How is it possible that you can write such an astute post about Ethereum (and you forgot to tie that original focus into the plan to switch to proof-of-stake with no ongoing debasement), yet totally deny the reality of Dash's scam  Huh  Come on, please don't list the 1000s of quantity of masternodes or some other obfuscating illogic. At least I am consistent because I refuse to be involved with any project that is not BOTH technologically and ethically sound.

Re: Cryptocurrencies with a masternode system

In addition to devolving the proof-of-work into a proof-of-stake non-security shitcoin consensus system, more importantly it is a great scam system:

The rest of your post was gracious, but really you don't understand that the insiders stole the supply and then they crafted masternodes which they could own most of, which thus pay them dividends, so they own an eternal supply of coins to P&D with. There is mining debasement that appears to be decentralized, except due to insider control over masternodes, the debasement ends up back in the insiders' pockets for dumping on greater fools.
1703  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think coins with IPO/premines will succeed and be popular/mainstream? on: March 12, 2016, 10:50:29 PM
It is partially a proof-of-work coin.

There is nothing competing with it yet on widespread adoption and Dash is promising that (but will never deliver millions of users and then the coin will die because another coin will).

I will kill Dash. Guaranteed.

It's easy for you to slam DASH, but at least the DASH team has delivered results. They are doers, not talkers.

Throwing molotov cocktails at thirsty drunks is "delivering"  Huh

The rest of your post was gracious, but really you don't understand that the insiders stole the supply and then they crafted masternodes which they could own most of, which thus pay them dividends, so they own an eternal supply of coins to P&D with. There is mining debasement that appears to be decentralized, except due to insider control over masternodes, the debasement ends up back in the insiders' pockets for dumping on greater fools.

P.S. I worked this entire day and night. Only 3 posts in the forum. The multi-herbal tea is working (and restarted Vitamin D3 supplementation). Body starting to come back to normal. I am working long hours without adverse effects, same as before the illness.
1704  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Vitalik flee the country after the Eth scheme implodes? on: March 12, 2016, 10:47:21 PM
Hey Vitalik, good for you to have shown the same kudos, same  as Satoshi did, if you can dream it build it, and lets see if it stands. So far you have delivered. Wishing you all the best going forward, and fuck the wingers, if they don't like ethereum let them do something better or they no different than the establishment Satoshi is tearing down.

Throwing molotov cocktails at thirsty drunks is "delivering"  Huh
1705  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - which coins are scams as defined in the OP? on: March 12, 2016, 10:44:24 PM
Another reason I am leaving this forum, is I realized the average IQ here is far too low. And I am doing myself a disservice (stunting my own intellectual growth) by not being challenged by people who are smarter than me. I am wasting my time by choosing to post in a forum where the IQs are so low.

Wew... I'm glad you're not leaving on my account... That's a relief.

It always hurts to be called stupid even if it is true.  Cry
I guess there is no delicate way of putting it. (as I walk away knuckles dragging on the ground)

That comment was not directed at either of you. It is directed at the trolls who refuse to even acknowledge (or pretend they can't understand) what I try to share.

DecentralizeEconomics my arguments against Synereo are rather deep. I wouldn't fault you for needing a more thorough explanation from me.

Here is an example:

Hey Vitalik, good for you to have shown the same kudos, same  as Satoshi did, if you can dream it build it, and lets see if it stands. So far you have delivered. Wishing you all the best going forward, and fuck the wingers, if they don't like ethereum let them do something better or they no different than the establishment Satoshi is tearing down.

Throwing molotov cocktails at thirsty drunks is "delivering"  Huh

It is partially a proof-of-work coin.

There is nothing competing with it yet on widespread adoption and Dash is promising that (but will never deliver millions of users and then the coin will die because another coin will).

I will kill Dash. Guaranteed.

It's easy for you to slam DASH, but at least the DASH team has delivered results. They are doers, not talkers.

Throwing molotov cocktails at thirsty drunks is "delivering"  Huh

The rest of your post was gracious, but really you don't understand that the insiders stole the supply and then they crafted masternodes which they could own most of, which thus pay them dividends, so they own an eternal supply of coins to P&D with. There is mining debasement that appears to be decentralized, except due to insider control over masternodes, the debasement ends up back in the insiders' pockets for dumping on greater fools.
1706  Alternate cryptocurrencies / Altcoin Discussion / Re: AmericanPegasus initiates coverage on Sia. (Siacoin speculation topic) on: March 12, 2016, 06:28:23 AM
Because people will not like you.  And until machines run Earth 100%, you will still need to win the hearts and loyalty of people to accomplish anything in this life.  Technical excellence and an analytical mind will only get you so far.

Many people like me, because I am a nice guy. And I am a person who delivers success, not bullshit crap technology.

Some other people who seem to love scams, don't like me. Oh well. They will never amount to anything and they will end up in jail one day.
1707  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think coins with IPO/premines will succeed and be popular/mainstream? on: March 12, 2016, 05:57:03 AM
Re: Do you think coins with IPO/premines will succeed and be popular/mainstream?

IPO are a good thing i f managed well and by trusted / real devs.

One example? I can't think of any. All the IPO/ICO coins have crashed and burned. Only the proof-of-work distributed coins have sustained, e.g. Monero, Litecoin, Bitcoin.

Eh Dash is doing pretty well in spite of the premine and all the other scandal stuff.

It is partially a proof-of-work coin.

There is nothing competing with it yet on widespread adoption and Dash is promising that (but will never deliver millions of users and then the coin will die because another coin will).

I will kill Dash. Guaranteed.
1708  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - which coins are scams as defined in the OP? on: March 12, 2016, 05:50:29 AM
Re: rebranding from Vanillacoin to Vcash.

One old criticism that has not seemed to fade is the Developers (John Connor) use of Bitcoin and Peer-coin code without the proper attribution.

And stop being anonymous. Publish his LinkedIn account.

And release fully detailed white papers on Zerotime and Chainblender so they can be properly peer reviewed.

Until he does those, it is just another scam coin hyping tokens on n00bs.
1709  Alternate cryptocurrencies / Altcoin Discussion / Re: rebranding from Vanillacoin to Vcash. on: March 12, 2016, 05:49:51 AM
Re: rebranding from Vanillacoin to Vcash.

One old criticism that has not seemed to fade is the Developers (John Connor) use of Bitcoin and Peer-coin code without the proper attribution.

And stop being anonymous. Publish his LinkedIn account.

And release fully detailed white papers on Zerotime and Chainblender so they can be properly peer reviewed.

Until he does those, it is just another scam coin hyping tokens on n00bs.
1710  Alternate cryptocurrencies / Altcoin Discussion / Re: The altcoin topic everyone wants to sweep under the rug on: March 12, 2016, 05:47:35 AM
I feel good to be invested in the best decentralized data storage, and hope they will continue to consider how to leverage reputation systems to prevent cheating & attacks.  If you find an obviously superior method, feel free to let us know. 

Of course you do, because you have vested interest because you bought 1/1000th of the illegal unregistered securities (pre-sold for a lie that is vaporware) and now are pumping these lies on unwary n00bs. I am recording all of this for the future SEC investigations and jail time for those who deserve to go to jail.
1711  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - which coins are scams as defined in the OP? on: March 12, 2016, 05:36:00 AM
Ok, point taken TPTB.  There are potential issues with decentralized data storage.  Perhaps one day a superior method will come along, but for the moment Sia is as good as it gets.

So now it is confirmed that you are a sleazy pumper.  

No there are not potential issues. There are insoluble flaws in ALL possible decentralized file storage block chains which rendered them entirely indefensible. You can only pursue these speculations as a P&D. If you can't recognize this, then I won't waste my time on your inability to understand the technology even after it has been explained to you.


I feel good to be invested in the best decentralized data storage, and hope they will continue to consider how to leverage reputation systems to prevent cheating & attacks.  If you find an obviously superior method, feel free to let us know.  

Of course you do, because you have vested interest because you bought 1/1000th of the illegal unregistered securities (pre-sold for a lie that is vaporware) and now are pumping these lies on unwary n00bs. I am recording all of this for the future SEC investigations and jail time for those who deserve to go to jail.

Reputation is centralization. Period. Learn the about the power vacuum of reputation in the Iron Law of Political Economics. You won't understand the reason a power vacuum must always be filled by the winner-take-all, because you lack sufficient IQ.

You may be smart, but you are also blinded by the pursuit of unreachable perfection.

In case you haven't noticed (given you even offered to help me relocate because of my health issue, which I obviously decline because I don't accept help from unethical people such as yourself), I've had a debilitating health issue which prevented me from working. I've spent most of the past 3 years in delirium and trying to use the time for something productive by thinking about crypto, because I was incapable of doing any thing else.

My work history is I have created more than one million user product. When I am healthy, I can do so again.

You have invested at the early stage in no million user products and never will. I guarantee that. I create them from scratch. You pump idiotic shit such as Aeon and this Sia crap. Smooth will never produce a million user product because he has no experience in doing so. Smooth is very experienced at creating server software for financial institutions, not end user software for the masses. These are relevant facts which you are blinded to.

Unfortunately for you and your investments, I am having reasonably good improvement due to a multi-herbal tea I've been drinking past week or so.

In life we must sometimes make 'good enough' decisions to get a product into existence, rather than chase an ideal that can never be.

This applies to software that can be improved. It doesn't apply to insolubly flawed block chain designs. That is a crucial distinction, but you are not smart enough technologically to understand why.

Instead, despite its flaws, it spawned a new world of online commerce.

Bitcoin's design can be fixed, because the problem is the economies-of-scale due to profitable mining, and the profitable mining can be removed. Decentralized file storage block chains can NEVER be fixed, because there is no way to prove that files are stored on less economy-of-scale nodes.

For one, I stand behind my decision to hold Sia.  TPTB can be quite analytical and brilliant at times, but he also suffers from a giant, fragile ego and a lack of ability to convert theories and mathematical ideals into a functioning, real-world compromise.

Of course you do, because you are technologically unqualified to be advising anyone on any investments in the block chain design arena.

And there is your fragile ego again blinding you.

Goodbye idiot. Get off my lawn.
1712  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - which coins are scams as defined in the OP? on: March 12, 2016, 05:35:51 AM
Quote
Another reason I am leaving this forum, is I realized the average IQ here is far too low. And I am doing myself a disservice (stunting my own intellectual growth) by not being challenged by people who are smarter than me. I am wasting my time by choosing to post in a forum where the IQs are so low.

Its too bad you feel that way. You are an asset to the community. I understand you gotta do what you gotta do.

There are worthy people here and some very smart ones. But the noise one has to wade through to read you guys is not worth it.

We'll create our own forum, where ignoramuses and scammers will be banned.
1713  Alternate cryptocurrencies / Altcoin Discussion / Re: AmericanPegasus initiates coverage on Sia. (Siacoin speculation topic) on: March 12, 2016, 05:34:22 AM
Ok, point taken TPTB.  There are potential issues with decentralized data storage.  Perhaps one day a superior method will come along, but for the moment Sia is as good as it gets.

So now it is confirmed that you are a sleazy pumper.  

No there are not potential issues. There are insoluble flaws in ALL possible decentralized file storage block chains which rendered them entirely indefensible. You can only pursue these speculations as a P&D. If you can't recognize this, then I won't waste my time on your inability to understand the technology even after it has been explained to you.


I feel good to be invested in the best decentralized data storage, and hope they will continue to consider how to leverage reputation systems to prevent cheating & attacks.  If you find an obviously superior method, feel free to let us know.  

Of course you do, because you have vested interest because you bought 1/1000th of the illegal unregistered securities (pre-sold for a lie that is vaporware) and now are pumping these lies on unwary n00bs. I am recording all of this for the future SEC investigations and jail time for those who deserve to go to jail.

Reputation is centralization. Period. Learn the about the power vacuum of reputation in the Iron Law of Political Economics. You won't understand the reason a power vacuum must always be filled by the winner-take-all, because you lack sufficient IQ.

You may be smart, but you are also blinded by the pursuit of unreachable perfection.

In case you haven't noticed (given you even offered to help me relocate because of my health issue, which I obviously decline because I don't accept help from unethical people such as yourself), I've had a debilitating health issue which prevented me from working. I've spent most of the past 3 years in delirium and trying to use the time for something productive by thinking about crypto, because I was incapable of doing any thing else.

My work history is I have created more than one million user product. When I am healthy, I can do so again.

You have invested at the early stage in no million user products and never will. I guarantee that. I create them from scratch. You pump idiotic shit such as Aeon and this Sia crap. Smooth will never produce a million user product because he has no experience in doing so. Smooth is very experienced at creating server software for financial institutions, not end user software for the masses. These are relevant facts which you are blinded to.

Unfortunately for you and your investments, I am having reasonably good improvement due to a multi-herbal tea I've been drinking past week or so.

In life we must sometimes make 'good enough' decisions to get a product into existence, rather than chase an ideal that can never be.

This applies to software that can be improved. It doesn't apply to insolubly flawed block chain designs. That is a crucial distinction, but you are not smart enough technologically to understand why.

Instead, despite its flaws, it spawned a new world of online commerce.

Bitcoin's design can be fixed, because the problem is the economies-of-scale due to profitable mining, and the profitable mining can be removed. Decentralized file storage block chains can NEVER be fixed, because there is no way to prove that files are stored on less economy-of-scale nodes.

For one, I stand behind my decision to hold Sia.  TPTB can be quite analytical and brilliant at times, but he also suffers from a giant, fragile ego and a lack of ability to convert theories and mathematical ideals into a functioning, real-world compromise.

Of course you do, because you are technologically unqualified to be advising anyone on any investments in the block chain design arena.

And there is your fragile ego again blinding you.

Goodbye idiot. Get off my lawn.
1714  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - which coins are scams as defined in the OP? on: March 12, 2016, 05:15:44 AM
What do the big mouths[astute designers] want?

To be correct, so we don't work on something or pursue a direction that is flawed. We share it because humans are social creatures and through the challenges of peer review (sharing) we learn. And you have a huge ego which you project on me and blinds you to my true motives.
1715  Alternate cryptocurrencies / Altcoin Discussion / Re: AmericanPegasus initiates coverage on Sia. (Siacoin speculation topic) on: March 12, 2016, 05:14:16 AM
What do the big mouths[astute designers] want?

To be correct, so we don't work on something or pursue a direction that is flawed. We share it because humans are social creatures and through the challenges of peer review (sharing) we learn. And you have a huge ego which you project on me and blinds you to my true motives.
1716  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - which coins are scams as defined in the OP? on: March 12, 2016, 04:56:07 AM
Like you are really, really nice to everyone here?

You are, sir, a real dick-head.

I am nice to people who don't waste my time.  Unfortunately idiots are incapable of respecting me because they do not comprehend.

If you replied that I am correct, but you are going to invest (in the lie of decentralized file block chains such as MaidSafe, Sia, Storj, etc) any way because you don't care if it is flawed, I would consider that you had not wasted my time.

After 10,000 posts, I am EXTREMELY tired of people who waste my time. I will explain the issues once and once only to disrespectful antagonists who are unwilling to recognize and admit when they are wrong (which I always do because lying to myself will only hurt me and I don't care about my ego!). If you choose to be ignorant, it isn't my problem.

They claim Steve Jobs was a real dick-head because he berated employees who were not performing their jobs up to his standards. My former very high IQ boss disagrees.

Quote from: Mark Zimmer
The first time we met, was an event set up by Kai Krause. Kai wanted to show our interface improvements to the big kahuna. I showed my idea processor (I will write a short blog post on it sometime).

But Steve's first words were that it wasn't scalable, and he hit the nail on the head. He was like that.

Dumb people don't like smart people, except when they respect them. They especially don't like smart people who are frank and tell them when they are wrong. They prefer someone who lies to them so they don't have to face the loss of ego due to being incorrect, such as the lead developer of Sia. Dumb people like AmericanPegasus have huge egos, whereas at the top where I am it is quite serene. The dumb people blame their huge egos on the ego of the smart person, because they are too dumb (foolish pride combined with the Dunning-Kruger syndrome) to recognize that is their own ego that is causing them to project it. I see it all the time. I just sigh. Not my problem, it is yours. Sigh.

Another reason I am leaving this forum, is I realized the average IQ here is far too low. And I am doing myself a disservice (stunting my own intellectual growth) by not being challenged by people who are smarter than me. I am wasting my time by choosing to post in a forum where the IQs are so low.
1717  Alternate cryptocurrencies / Altcoin Discussion / Re: AmericanPegasus initiates coverage on Sia. (Siacoin speculation topic) on: March 12, 2016, 04:49:18 AM
Like you are really, really nice to everyone here?

You are, sir, a real dick-head.

I am nice to people who don't waste my time.  Unfortunately idiots are incapable of respecting me because they do not comprehend.

If you replied that I am correct, but you are going to invest (in the lie of decentralized file block chains such as MaidSafe, Sia, Storj, etc) any way because you don't care if it is flawed, I would consider that you had not wasted my time.

After 10,000 posts, I am EXTREMELY tired of people who waste my time. I will explain the issues once and once only to disrespectful antagonists who are unwilling to recognize and admit when they are wrong (which I always do because lying to myself will only hurt me and I don't care about my ego!). If you choose to be ignorant, it isn't my problem.

They claim Steve Jobs was a real dick-head because he berated employees who were not performing their jobs up to his standards. My former very high IQ boss disagrees.

Quote from: Mark Zimmer
The first time we met, was an event set up by Kai Krause. Kai wanted to show our interface improvements to the big kahuna. I showed my idea processor (I will write a short blog post on it sometime).

But Steve's first words were that it wasn't scalable, and he hit the nail on the head. He was like that.

Dumb people don't like smart people, except when they respect them. They especially don't like smart people who are frank and tell them when they are wrong. They prefer someone who lies to them so they don't have to face the loss of ego due to being incorrect, such as the lead developer of Sia. Dumb people like AmericanPegasus have huge egos, whereas at the top where I am it is quite serene. The dumb people blame their huge egos on the ego of the smart person, because they are too dumb (foolish pride combined with the Dunning-Kruger syndrome) to recognize that is their own ego that is causing them to project it. I see it all the time. I just sigh. Not my problem, it is yours. Sigh.

Another reason I am leaving this forum, is I realized the average IQ here is far too low. And I am doing myself a disservice (stunting my own intellectual growth) by not being challenged by people who are smarter than me. I am wasting my time by choosing to post in a forum where the IQs are so low.
1718  Alternate cryptocurrencies / Altcoin Discussion / Re: Why all centralized coins fail on: March 11, 2016, 07:27:58 PM
Satoshi did not solve the Byzantine Generals problem, and Bitcoin is failing because Satoshi's design is forced to centralize economally:

https://bitcointalk.org/index.php?topic=1388887.0
https://bitcointalk.org/index.php?topic=1388887.msg14144978#msg14144978
https://bitcointalk.org/index.php?topic=1183043.msg13823607#msg13823607

Yes he did - your argument was nonsense.

edit: but a modified version of your argument does apply to a coin with no mining incentive.

You are wrong.

And you are consistently wrong when ever you argue with me.

And you are back on Ignore and you won't be coming off it any more, because the S/N ratio from you has declined precipitously.
1719  Alternate cryptocurrencies / Altcoin Discussion / Re: Elastic - Scam or legit? on: March 11, 2016, 07:24:31 PM
He also once believed he had cracked NXT, Bitcoin, and Darksend.

Which ended in:

Nice try though

Compare that to that I proved the math in InstantX was an order-of-magnitude too optimistic. And Evan had to admit defeat. Perhaps illodin will find the link for you.
1720  Alternate cryptocurrencies / Altcoin Discussion / Re: AmericanPegasus initiates coverage on Sia. (Siacoin speculation topic) on: March 11, 2016, 07:20:26 PM
I dumped my Sia.

Might not be wise given a turd in a Snicker's bar wrapper could by hyped to a $billion market cap given the level of technical comprehension here.

Sorry, but I don't think anyone here thinks you have. Your posts read like the rants of a lunatic, at least as seen by the eyes of us sub-humans.

If you were really, really nice to me and treated me with great respect that I earned, I would probably take the time to make video hangout with you all and explain in a way that any 5 year old could understand. But I really don't think you want to know the truth.
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