edited out
JJG I do believe your response was quite philosophical in places  Thanks for taking the time to type that out though. Over our months of back and forth I've developed much more respect for your opinions * Cheers edit * Not that I agree with them all but anyway. Anyhoo heading out soon, so won't go into debate mode now Well, there is always going to be some framework from which to work, so if you believe that it might be helpful to go over areas of presumption, then perhaps that could be helpful - although we could be repeating BIG BLOCKER arguments. From your various posts, I do think that you give a lot more benefit of the doubt to the various BIG BLOCKER arguments and their framework than I do. I tend to be really dismissive of various BIG BLOCKER framework and arguments because I think that they tend to be misleading in their tendency to create false comparisons and even to presume facts that are not in evidence - for example, BIG BLOCKERS have tended to spend so much time arguing the logic of increasing transaction times and fees - but they were also involved in SPAM attacks to attempt to create the facts that they claim existed to cause emergency needs to take action. Furthermore, BIG BLOCKERs seem to suggest that there is some necessity that the status quo of bitcoin needs to be defended, when in fact if they are proposing facts or logic, then they are the ones that need to provide evidence and logic for their position to change the status quo. On a related note, their inability to get reception for their nonsense positions in terms of submitting BIPS and even perhaps their laziness in attempting to work within the bitcoin governance process seems to cause them to strive towards working outside the bitcoin system and to engage in attacks, threats and coercion in order to attempt to get their way, rather than really trying to get their proposed changes adopted through already existing bitcoin governance procedures. They just ignore those governance procedures because they want to change (or sabotage the bitcoin procedures) or they have other get rich quick pumping of other personalized project agendas. You seem keen to categorise me. Before you put me in big blocker category know this. I am only responding to your substance, so if you are posting to promote other coins or to denigrate bitcoin or to engage in comparison and contrasting of bitcoin, then it causes me to conclude that you do not understand bitcoin very well and you are lumping all cryptos together as if bitcoin is not meaningfully distinguishable in the scheme of things. I always ran a full bitcoin node.
How does running a full bitcoin node cause you to understand how bitcoin is distinguishable from other coins? It was a hassle synching the blockchain to get up to date when I wanted to do any transactions but I did it. I liked to have a feel for how big the blockchain was getting. How hard to synchronise.
Great.. then it means that you were attempting to understand, perhaps, or maybe you got bogged down in technicals? Over the years that I did this I was very aware of how much effort it took to run a full node and a sense of feeling its growth. I always thought that when a full node became too unwieldy for me that would be my signal to exit bitcoin. Recently my copy of the blockchain became corrupted. I spent a few days trying to repair/ resync and in the end gave up. I no longer run a full node. Who cares?
Yes. that is a discretionary option. Surely not a bad idea to run a node, if you can manage it, but if you cannot then maybe better to leave those activities to others. I'm still with bitcoin but not running a full node anymore. But the point is even small blocks are too big. When you look at the constantly, endlessly growing blockchain.
O.k.. so you personally and experientially understand the advantages of small blocks... Great. When I redeemed my bcash I didn't even consider a full node. With blocks that size! Who runs a full bcash wallet? anyone ?
We likely already know the answer to this - and Bcash is likely largely smoke-n-mirrors. No one is using it and no one is mining it.
With regards to block size I am not big blocker but small blocker. But if its on chain or off chain, I choose on chain. This puts me between a rock and a hard place. I don't like big blocks and I don't like second layer. But maybe now you get a sense why I can be hedged with bitcoin and bcash. In the end I admit I don't know which will be best.
Yes, it sounds like you are lost to not recognize that bcash is a largely centralized scam. So, I suppose, you can tag along with bcash and help to perpetuate bcash to drag along (and live) longer than it should? In Dash master nodes have incentive to scale, so the network will remain big and distributed. The node will have to keep up or miss out. It has incentive to scale. So at least there is that.
Isn't dash a BIG ass quasi-centralized scam, too? Whatever... who gives a shit about those various other quasi-centralized pump and dump shit coins that are imitating bitcoin while inadequately claiming that they are improving bitcoin... they can all fuck off, no? Even though it may take 20 years or more for the various "competition" schemes to play out their courses? |
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I'm thinking that we may break above $9k, Debbie Bera.... WhatchUthink? Vegeta?  |
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JJG, why you always riding my old golfing buddy? The Fatman is solid, salt of the earth people. I don't understand your hostility.
s/he/it is as solid as a marshmallow.  |
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Isn’t it about time that BCH died by now?
How much longer wilo they continue to flog this dead horse?
I’m greatful for the free money (which I transferred into bitcoin) but come on, enough is enough.
Be careful what you wish for. it's an alt based on Bitcoin so I for one both hope and believe it will stay secure, alive and kicking. I don't want any dead canaries. Fatty is back from r/btc and other BIG blocker friendly forums to pump some of his/her learnings regarding bcash...  wants to edumacate us ignorant folks about the benevolence of bcash and all that it offers (supposedly)... Perhaps the fatty has not heard about the bcash wall observer thread that we got's our selves on this forum that allows fatties and any others to on-topic spread the bcash/BIG blocker word on this here forum for us peeps? Fuck off JJG! I don't have a reddit account. Just wanted to shoot the shit with the liverpoodlian and other oldtimers. Why don't you go and finish that lobotomy you've started? Oh? It is possible that fatty might have something relevant and on topic to say? too much wishful thinking on my part, perhaps?
What a difference 5 years make!
It used to be "who is this annoying shit NLC?" now it's more like "Who's not NLC?".
JJG, you're the most annoying iteration thus far.
Kudos Porkchops!
Get the fuck out of here with your stupid-ass baseless assertions. Besides yourself being an irrelevant pussified bcash (BIGblock) sympathizer, you would not recognize someone else as a troll, even if they were to slap you in the face.  JJG, you're the most annoying iteration thus far.
I especially like the way he starts every condescending retort now with "Get the fk out of here with your...." Like Vinny Barbarino style. Get the fuck out of here with your fantastical observations. I don't do that. You deserve a slap, too, Torquey porkey... especially for making alliances with fatty... .   |
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I understand that you are referring to ETH - and I personally would not be employing such incrementalism system, unless that I have a belief in the fundamentals of the asset (which for me is not the case with ETH). So yeah, sure such an incrementalism step system can work for ETH on the short term, but it works better (to sleep comfortably at night) if you believe in the long term prospects of the asset (so better for BTC than ETH), and therefore your long term vision to accumulate and to HODL the asset through the bad times (which is a part of volatility).
I book the profits in BTC, I just choose to do it with the BTC:ETH and BTC:LTC pairs rather than soiling myself with the lowest of shitcoins...USD. Etherium that blockchain that isn't immutable. Believe it or not, there are still quite a few peeps talking about ethereum as the more likely one to become the world global currency - and shit, it seem so difficult to imagine something other than a proof of work (POW) system having any chance in hell to become the world global currency - which POW seems to be the only way to really objectively ensure a kind of objective standard - which directly relates to a meaningful ability to be decentralized - which also relates to security, immutability and creating the right kind of sustainable incentives (to secure the coin even while not trusting anyone else). |
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Isn’t it about time that BCH died by now?
How much longer wilo they continue to flog this dead horse?
I’m greatful for the free money (which I transferred into bitcoin) but come on, enough is enough.
Be careful what you wish for. it's an alt based on Bitcoin so I for one both hope and believe it will stay secure, alive and kicking. I don't want any dead canaries. Fatty is back from r/btc and other BIG blocker friendly forums to pump some of his/her learnings regarding bcash... wants to edumacate us ignorant folks about the benevolence of bcash and all that it offers (supposedly)... Perhaps the fatty has not heard about the bcash wall observer thread that we got's our selves on this forum that allows fatties and any others to on-topic spread the bcash/BIG blocker word on this here forum for us peeps? |
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JJG: many countries have consumer protection legislation. It doesn’t need to be securities fraud for someone to go to jail. Ordinary, everyday fraud works too.
And it doesn’t matter if Roger is in Japan if his marketing efforts are directed at locals.
O.k. I don't want to be a naysayer on the fraud claims of bcash topic , so in that regard, I will look forward to seeing what causes of actions are filed / claimed and if any of them appear to have any potential remedy teeth (or if some other actions are taken, besides lawsuits that might allow for meaningful recourse(s)). |
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Even though the idea seems appealing, I don't think that there are very many viable lawsuits that could be filed, unless you could get bcash classified as a security with the SEC, then perhaps some of those SEC related obligations could apply. Otherwise, what would be the grounds of such lawsuit against bitcoin.com.. portraying itself as coke when it is really pepsi? I might get more excited once I see some legal document that is filed, and see what is being alleged. or otherwise, if someone knows about a decently solid set of allegations that might have some teeth for either damages or injunctive relief, I would be interested to hear those... otherwise such lawsuit, if it were filed, would likely go no where, right? The lawsuit can only be successful if it's proven that someone lost money due to his deception. How many people have actually been fooled? Out of those, how many of them lost money? If there were any people dumb enough to have been fooled into bcash, and lost money on it, they're probably not even going to hear about this lawsuit. Even if the lawyers manage to sign up people who were stupid enough to buy bcash, and realize losses, it's not over yet. Roger's [highly paid] attorneys would stand a very good chance of being able to convince some ignorant judge that Bitcoin Judas is entitled to use the Bitcoin name for his fork. TLDR: The lawsuit is going nowhere. Part of my earlier point was that people being fooled is not enough for a valid cause of action..... even for basic common law fraud type allegations - there is a principle of buyer beware in common law... (aka caveat emptor). Further bitcoin is not trademarked nor copyrighted nor patented, so using the name and saying that you are the real bitcoin is likely not enough, either... There would have to be a showing of intentional and malicious knowing deception - and that might not even be enough without using securities law - and Bcash would have to be deemed a security (which does not create a private cause of action, anyhow, as far as I know (meaning that the SEC is the only agency empowered to bring such a claim)). |
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Even though the idea seems appealing, I don't think that there are very many viable lawsuits that could be filed, unless you could get bcash classified as a security with the SEC, then perhaps some of those SEC related obligations could apply. Otherwise, what would be the grounds of such lawsuit against bitcoin.com.. portraying itself as coke when it is really pepsi? I might get more excited once I see some legal document that is filed, and see what is being alleged. or otherwise, if someone knows about a decently solid set of allegations that might have some teeth for either damages or injunctive relief, I would be interested to hear those... otherwise such lawsuit, if it were filed, would likely go no where, right? |
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(TERA Draws His First Bull Chart)
[https://i.imgur.com/n1IuWrB.png[/img]
Seems that you can do whatever you like on the internet, including transforming ur selfie from a she to a he.  I know that this is popular in real life too, but it is still annoying. |
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Haha. BCH rises 100% in two weeks, then recedes a few percent, and you think you've got some trumpetable victory?
Take you whining here: bcash wall observer.It was quite the opposite of whining. Curious you do not make the same directive to RoomBot, who is the one that introduced the subtopic. You are being discriminated against.... Go figure?  |
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How about the PTB are trying to suppress bitcoin and generate despair through aimless volatility?
Aimless? Works for me. For JJG too, I reckon. I don't think that there is any conspiracy, here in terms of BTC's ongoing volatility. Volatility is kind of built into BTC, and powers that be and powers that don't be are having a bit of a struggle over the price of bitcoin and the price direction of bitcoin. One of the most certain aspects of bitcoin remains that it is going to be volatile and the price battle is going to continue, so even if I feel like I profit more from the price going straight up, when the price goes down, there is an opportunity to make lemonade from the lemons and from the less preferred situation. My whole system (seemingly similar to the honey bear), is built upon accumulating bitcoin, and volatility is just a part in which you can insure yourself by selling on the way up and buying on the way down.. while stacking up a few extra coins, here and there.... So, yes, it had appeared that we were imminently destined the test $10k, but my system sold all the way UP.. and even though I had not really bought any coins between $6700 and $9700 (because there was not any sufficient dips in the past couple of weeks, in the past several hours, back into "buying mode" How about the PTB are trying to suppress bitcoin and generate despair through aimless volatility?
Aimless? Works for me. For JJG too, I reckon. right? even the clown car, every time it moves .001 I make .001 I understand that you are referring to ETH - and I personally would not be employing such incrementalism system, unless that I have a belief in the fundamentals of the asset (which for me is not the case with ETH). So yeah, sure such an incrementalism step system can work for ETH on the short term, but it works better (to sleep comfortably at night) if you believe in the long term prospects of the asset (so better for BTC than ETH), and therefore your long term vision to accumulate and to HODL the asset through the bad times (which is a part of volatility). |
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Well i'm always wrong... therefore I was wrong about being wrong this time.
Hari kari might be a good plan forward for you.  |
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What is going on?  Watched $9695 go down to $9490 in a matter of minutes. Nearly $200 slide something bad is going on.  I’m always wrong but we are bouncing off the 70 rsi 9680 fib retracement level. I’d suggest putting in your bids at support levels. 9100, 8800, 8500, 8300, 7800, 7400, 7200, 6800, 6500, 6000, 5800 etc. BTW guys. Alt coins is what made this move up legit for BTC...that pump at 6700 was 🐳 and totally inorganic. You are always wrong because you seem to provide random suggestions, as if you were blindly throwing a dart.  |
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From where are you getting the figure 300 million? Are you anticipating a 10x increase in users in the near future, because currently, it seems that the user base is perhaps around 30million, at best.
Define "near future"? I was extrapolating this data to include the next halving. So I think within the next 18 months we will feel the impact more acutely. I got it off one of my twitter feeds I am sad to say..and tbh I cant find it atm. I am pretty sure I liked the article..so I probably just need to dig a bit deeper to find it. Processing. Well, I was pretty much asking you about what you meant by 300 million... because we seem to be a long fucking way from 300 million. I kind of anticipate that the price is going to rise a lot faster than the adoption.... so perhaps we may only need a doubling in the user base in order to get a 10x increase in the price. In my thinking a 10x increase in the adoption rate would probably be 100x or more in the price... Isn't that approximately where metacalfe's law takes us...? You seemed to have been implying that 300 million was a present number, and your clarification of 18 months seems a bit too soon; however, possibly in a few more years, we may reach 300 million... perhaps 2022? Yes, I am guessing, but my guessing seems to be more conservative than yours, no?  |
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Honestly, I think we're in for one helluva winter.
moron A large number of posters quote themselves to show how "smart" they were. You tend to do the opposite. |
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That clip is about 6 weeks old, and I believe that it was widely talked about when it came out.... You are right to point out that Brock Pierce did not come out too good in that rendition. |
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Don't play with the bear, even if you believe that such bear is disabled. |
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[edited out]
Everyone has been dancing around it..but its there like the proverbial elephant in the room. Orders of magnitude...you can say it..you can touch all day everyday and still not grasp its scope. I think its just a fundamental reality of being human. We haven't had the shock wave of the first one subside yet and we are well on our way into the second imho. 300 million looking to share 17 million or so coins..btfd is my advice. From where are you getting the figure 300 million? Are you anticipating a 10x increase in users in the near future, because currently, it seems that the user base is perhaps around 30million, at best. |
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