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18661  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2018, 02:00:50 AM
So does the bcash arguing mean that we're over the whole "bitcoin is going down!" talk and now we're fighting over which coin is going to be the new world currency?

Seriously does no one else see the repeating pattern of the trolls showing up and stirring up fresh new drama and FUD, right before Bitcoin is about to rise again? This has happened SOOOO many times now.




Torque taking crazy pills  (confirmed)   Cheesy Cheesy Cheesy
18662  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2018, 01:45:03 AM
Failure to provide evidence of your claim is duly noted.

You should already be aware of such a standard that there is no burden to provide evidence when rebutting off topic claims.. those can be summarily dismissed without any kind of evidence whatsoever, because providing evidence would be to sustain and perhaps pursue the off-topicness, which deserves to go to another thread.

Diversion and dissemblance duly detected.

Trolls like you have a lot of credibility in those kinds of assessments?

Why don't you make yourself comedically useful and go eat some honey?  The rest of us can watch you get your head stuck, and at least there may be some entertainment value in that, perhaps?

18663  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2018, 01:34:55 AM
But a troll account from 2010 wouldn't know that, right?  Wink
Shocked Do you really think I'm a troll?

If you're not then why are you appearing to troll?

I presumed that you've had plenty of years to do research. We've been talking about the fallacy of the % dominance factor on CMC for a few years now.

It's become completely meaningless. Just add new shitcoins to the list, give 'em a bogus market cap, and Bitcoin's % dominance automatically decreases.

I am aware of the phenomena. I have talked about it before myself but always in terms of off market currency supply like in the form of ripple foundation holdings or dash masternode reserve requirements.

I haven't been active in this thread for years. If you have been I think you would know this. I started frequenting this thread a couple months ago and I certainly don't read even most of the posts. Far too many come through in a day to read even most of them.

I found HairyMaclairy's post to be insightful and illuminating. Even though I was aware of some of the shortcomings of market capitalization calculations I hadn't realized it was quite as bad as the example that he gave and it hadn't occurred to me that there is as direct of a connection between the total number of altcoins and the bitcoin dominance as there is. It hadn't occurred to me that there was a mechanism where one could make an infinite number of altcoins and they would never stop degrading the dominance of bitcoin (since all you would need is 1 trade to set a price and no requirement for any amount of liquidity at all) while not actually representing any real effect on the real world. I guess I kind of intuitively thought there would be a sort of diminishing return on the effect of new altcoins on dominance, and there certainly was early on, but I just now was forced to think through the mechanism that has caused me to realize that the returns probably plateaued at some point and stopped diminishing.

Well anyway I definitely am not above trolling, I have trolled once or twice in my life, but I haven't done it anywhere on bitcointalk except maybe a little bit in the dash thread.


Your back-peddling response is lame as fuck.

Hopefully in the future you can be a bit more genuine, rather than spouting off nonsense, and then later saying that you didn't mean it
quite like that.    Roll Eyes Roll Eyes
18664  Other / Meta / Re: Merit & new rank requirements on: April 23, 2018, 11:59:10 PM
Jet Merits and Talk Cash have still got sMerits to award, but where are all the good posts?
Maybe I've got too many people on ignore or something.

Well there is one for coin locker, but shouldn't the merits be going to chat about Bitcoin?


If you have smerits to dish out, then don't let the perfect be the enemy of the good.  There are plenty of good posts out there that can be merited.. and by the way, sometimes, I give out merits to persons who post a bunch of mediocre posts, but in that case, I feel that I am giving merits to the person and for their overall contributions to the forum and not to any one post that the person made.

this is very generous of you. i'd do that, too. i gave out all the smerits i had, and i thought they will be refundable. but it seems that they are not. 

If I give you the benefit of the doubt, you may have made some legitimate mistake in your belief that smerits were going to be refunded, but if you had truly looked into the matter and/or thought about it, you had spent 2 smerits within the first 30 days, and then you spent an additional 5 smerits in the next 30 days.  You were not even prudent about your spending of your smerits because you spent 7 smerits on two members. 

In some sense, your story does not really add up, even if I give you the benefit of the doubt.


but unfortunately the majority of people here is different (but it's only my opinion, i might be wrong), apparently they think that a person should invent another blockchain to become good enough for a couple of smerit points))).

I doubt that we can really attribute any kind of narrow set of motivations to members regarding their choices to spend their smerits.  Ultimately there is a lot of personal discretion involved, and surely if some of the members are good at hodling their bitcoins, they also might believe it to be prudent to hodl some of their smerits.. maybe budget a certain amount to spend per month or per week?  But of course, there is individual variation, and you did get my point that it is likely that some folks just have very high standards in terms of what is going to cause them to spend their smerits.


i feel that i stuck with my rank. cause i don't think i can get 150 merits in years))

I have decided to give you 1 smerit for your overall posts, and to give you some benefit of the doubt, even though your story is a bit implausible.  Also, your posts are a bit mediocre too (which some might characterize as shit posting), but I think that with some efforts you could perhaps improve your post quality by engaging in threads that are interesting to you and to try to provide meaningful responses to members in order to help members to understand matters more clearly (or from another perspective). 

If you try to provide substantive meaning and to help other forum members, then it is likely that you could at least earn some merits and to thereafter be able to increase yourself in rank.  Sometimes considering quality of posts rather than spitting out quantity of posts is good, and sometimes it is possible to accomplish both.  I will concede that it can be a bit time-consuming to really improve the quality of your posts - and perhaps even to limit the number of your responses to some manageable amount - let's say 5 quality posts per week or some other goal that you believe is something that you can work towards improving your post quality, attracting attention of other members and thereby earning merits.

can you please explain me something. i got some 6 smerits, i gave them out more than a month ago. so this is it for me? no more smerits will be given to me?
i have read somewhere that they are refundable and in 30 days, i'll have the same number of smerits to share.. but i have nothing.
thanks a lot in advance.

Even though your framing of your question seems to suggest that you already do know the answer, in the responsive post, above, DdmrDdmr has clearly addressed your question.  I have given an smerit to DdmrDdmr, even though he seems to have spent a decent amount of time answering a question that has been answered several times in this thread... but anyhow, I was feeling like spending some extra smerits, today.... hahahahahhaha
18665  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2018, 09:31:46 PM
Failure to provide evidence of your claim is duly noted.

You should already be aware of such a standard that there is no burden to provide evidence when rebutting off topic claims.. those can be summarily dismissed without any kind of evidence whatsoever, because providing evidence would be to sustain and perhaps pursue the off-topicness, which deserves to go to another thread.    Tongue Tongue Tongue

Don't you know nuttin, jbreher?  Roll Eyes Roll Eyes
18666  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2018, 09:27:50 PM
God, why did I bring up the bcash 0-conf transactions a few days ago?

Because you are a drama king....  Cheesy Cheesy Cheesy


18667  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2018, 09:20:50 PM
Would there be Many on the list besides jbreher if i would pay out in bcash....??  Roll Eyes  Huh

Probably even jbreher would prefer to receive payment in bitcoin, even though he would resist to admit such, publicly.

You are returning to your bad old habits, JJG. Just stop.


What the fuck are you talking about?   I am just making an assertion that most folks here would understand and likely agree.. I just happen to get it inb4 others... that's all.


18668  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2018, 09:07:36 PM
So why spend all this time on the topic of supposed value of zero confirmations,

Well, for my part, I am just continuing the conversation that ensued when BobLawblaw issued an edict* that zero conf 'was not the way Bitcoin is supposed to work' (* I guess BLB doesn't understand 'permissionless'). Why are _you_ spending all this time on the topic?

1) Your permissionless assertion seems to be a stupid concept.  You are now arguing that getting a confirmation is a form of seeking permission?  That is a very distorted perspective, seems inclined to mislead about the idea of permissionless.  confirmations ties into security and permission is a much broader concept that has to do with third party intervention.  Largely miners are decentralized, and so they are all over the place, and they confirm transactions based on fees and based on system integrity, not based on whether coins are supposedly blacklisted, so you seem to be taking your concept of permission way too far in your attempt to apply the concept to this zero confirmation scenario.

2) my spending time on this topic.  Your inference may be correct that I am spending too much time on the topic, too... but I am attempting to defend the subject matter of this thread, and to rebutt seemingly disingenuous posts such as yours, rather than attempting to shill some alt, which seems to be part of what distinguishes what you are doing from me.  I would argue that the substance of my off-topicness aims at preserving thread topicness, rather than going into the weeds on atopical alt coin shilling points, which you are doing on an ongoing basis, while trying to argue that there is some topical legitimacy in your persistent pursuits. 
18669  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2018, 08:54:35 PM
I could be glib and point out the 'cash' in the title. But I don't have to. Back before the tx volume got big enough to be chronically delayed to the 'next' block, zero conf txs were routine.

There is really no arguing this point. They worked. To the point that freeking _payment_processors_ accepted zero conf txs.

Here's a website that tracks 0-conf double-spend attempts on BCH:

https://doublespend.cash/

It is very rare for the transaction broadcast second to be confirmed in a block, even when it offers a higher fee.  

And 0-conf can be improved further, for example with double-spend relaying so that merchants can quickly detect fraud attempts:

https://www.youtube.com/watch?v=OAt6B7b4GeM

Or by more finely-grained proof-of-work to discourage miners from facilitating fraud:

https://www.youtube.com/watch?v=yXFuNkaYcPQ

Look who is back to pump stupid off-topic shit.    Roll Eyes Roll Eyes Roll Eyes 

Don't you have enough drama between yourself and the real satoshi to keep you busy in other threads/forums?    Tongue Tongue Cheesy Cheesy Cheesy
18670  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2018, 08:52:16 PM
Surely, zero confirmation transactions contradict satoshi's vision whether we are talking about the whitepaper itself or other implementation statements from Satoshi...

Surely, then, you can support your outrageous claim with quotes from the whitepaper or other implementation statements from Satoshi, which specifically show zero conf txs to be in contradiction, right?

inb4: 'I'm not going to <blah blah blah>'

Yes... You almost know what I am going to say before I say it... hahahahaha....  Wink

People label you as disingenuous because you seem to be smart, so frequently, what you are asserting comes off as disingenuous, because you know better (or at least you should know better). 

Accordingly, even you are aware that bitcoin is an evolving concept that is not locked into some past renditions, but is a product of what the community wants, pursuant to consensus, which does not seem to be easily achieved - yet has a process.... So, yes, do you remember mid-=2017?  The little ploy from segwit2x and NY agreement folks seemed to have backfired, but allowed bitcoin to achieve segwit consensus and the lightning network pathway that follows. 

Can you deal with it?  Apparently not.  You want to continue to pump on chain scaling and other baloney bullshit in order to attempt to assert that there is some kind of segwit/lightning network lacking that the inferior bcash proposals, such as zero confirmation transactions can deal with better.... but you and your stupid ass bcasher trolls are wrong about this, so go back to your stupid ass coin and play with your zero confirmations, rather than trying to get that sailed ship into bitcoin.. because it does not make much sense for bitcoin when bitcoin has better solutions - even if they are more sophisticated, including second layer escrowing like services.

Accordingly, even if zero confirmations may have been more acceptable in bitcoin in the past, when bitcoin was more in its test phases (lets say 2011 to 2013), currently, there is much wider adoption of bitcoin, more avenues for scammers to take advantage of vulnerabilities, such as zero confirmation, so even if you and your trusted buddies want to engage in some zero confirmation transactions on bitcoin because you trust each other, zero confirmations are no longer good to implement into bitcoin on a broader scale in which more innocent folks could end up getting screwed by such nonsense that would exist in a world of manevolent players who would like to separate you from your bitcoins.

The logic of why zero confirmations are impractical and cause too many vulnerabilities should seem so obvious on this, but you still want to argue your bcash shill talking-points to try to selectively chose some aspect of bitcoin's history and passionately argue that such practice should continue in bitcoin, as if bitcoin were locked in some past infancy status, which it is not..

Even though bitcoin is still in early adopter stages (with continuing to be quite less than 1% of world adoption), there is a considerable amount of value and confidence that should not be risked in bitcoin merely due to expediency concerns or some whining concerns of a minority who don't really seem genuine towards the better interest of bitcoin, anyhow.  In other words, stop your stupid ass whining about water under the bridge because that zero confirmation ship has sailed in bitcoin and it is not really necessary, except perhaps in a narrow set of trust circumstances of sending money to your self or between trusted parties.
18671  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2018, 08:31:40 PM
Would there be Many on the list besides jbreher if i would pay out in bcash....??  Roll Eyes  Huh

Probably even jbreher would prefer to receive payment in bitcoin, even though he would resist to admit such, publicly.   Cheesy Cheesy
18672  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2018, 08:15:25 PM
With regards to zero confirmation spending. That is stretching credibility a bit. Even the name of it says it all zero confirmations means there is zero confirmation.  I don't remember that ever being a thing. I always thought you need about 6 confirmations to consider it safe?

Dash has a great solution, as usual. With Dash 'instant send' a quorum of masternodes accept the transaction and instantly lock it. No double spend can then happen. Shortly afterwards the confirmation goes through into the blockchain the normal way. Just another example of how Dash already solved all these problems ages ago and the power of the tier of masternodes.

FFS - if you're going to shill an altcoin here, at least pick a respectable one.


Please define "respectable" in terms of alt coins.   Tongue Tongue
18673  Economy / Economics / Re: Low BTC price is good for Bitcoins at the moment. on: April 23, 2018, 06:46:50 AM
Dispute. Many on the contrary, sell their bitcoins because of its low price. Capitalization of cryptocurrency increased exactly with the growth of Bitcoin. Many to visit believe that he will rise again and, as I have already noted above, sell it.

Bitcoin seems to be a giffen good or a veblen good, in that more people are interested in it, as the price goes up.

Surely, such a public sentiment may be temporary, but any of us who have a systematic approach to attempt to accumulate BTC will tend to buy BTC as the price goes down in order to continue to accumulate BTC out of anticipation that the price is going to go up again.

In spite of some of the tax complications, there still can be systematic ways to attempt to sell small amounts of BTC in order that you do not have to come up with new cash in order to have systems in place to be able to continue to buy BTC as the price goes down (that is when it goes down).

Even though bitcoin prices are UP about 35x from late 2015 - that is up to $8,900 (currently) from the late 2015 price of about $250 - BTC prices are still down about 55% from the $19,666 high point.... Surely, today's price can seem like a bargain, even though there was more of a bargain in the $6k to $7,500 price arena... So, yeah, there is fear to buy when the price is low, in the $6k to $7,500 price arena, because of fear (or greed) that price might go lower.   Accordingly, a decent practice remains to attempt to buy incrementally as the price is going down because no one really knows when the bottom is "in"
18674  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2018, 06:32:10 AM
No. I don't EVER trust 0 confirmations. That's not how its supposed to work in Bitcorn.

Yet it did. Work, that is. Hmm.

Now you are pumping the trusting of 0 confirmations? 

No. I am just pointing out that, before persistently full blocks was A Thing, zero conf txs worked.

Are you denying proven reality?

Even if what you say is true, it does not matter that much. 

If there is a feature in bitcoin that is needed, such as zero confirmation between trusted parties (rather than wide-spread implementation), then likely the market is going to find a way to allow such feature into bitcoin.... On the other hand bitcoin seems to be moving away from such zero confirmation nonsense because the costs seem to outweigh any possible marginal benefits that may be gotten in such limited circumstances.


So why spend all this time on the topic of supposed value of zero confirmations, except for wanting to bump bcash as to having some supposed superior features, when surely those kinds of claims do not seem to be true - especially for what bcash actually is, which is merely some propaganda tool, bitcoin attack tool, and largely centralized pump and dump scheme. 

You can believe all that you want about bcash retaining the original bitcoin vision and some pie in the sky existence of zero confirmations in 2011 when bitcoin was worth less than $5, but you are merely engaging in the same misinformation that attempts to deny the validity and benefits of bitcoin's actual direction and the benefits of confirmations to ensure security and to lessen double spend breaches.
18675  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2018, 06:15:11 AM
Verne Troyer passed away this weekend Cry

R.I.P.

Atleast he's eternalized into the $1M BTC meme.




I had to look up your references, because the meme seems to be Mike Myers as Dr. Evil, but Verne Troyer played the mini-me version of Dr. Evil.

https://en.wikipedia.org/wiki/Dr._Evil
18676  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2018, 05:56:11 AM
No. I don't EVER trust 0 confirmations. That's not how its supposed to work in Bitcorn.
Yet it did. Work, that is. Hmm.

Before I metaphorically rip you a new asshole, please show me the part in the Bitcoin white paper that tells us to trust 0 confirmation transactions.

...and the counter would be, show me in the original whitepaper where it says use LN or some other equivalent. Just because it specifically doesn't exist in the original text doesn't mean it can't in the future. 0conf acceptance is a choice and certainly reserved for those you deem "trustworthy" (friends/family) or for immaterial amounts. If you don't care to use them, don't. Having said all this, I think BCH is a joke.






Satoshi strongly implied the need for second layer solutions later on. Meanwhile, the entire fucking premise of bitcoin is based on "Don't trust, verify", but the backwards bcash 0-conf crowd is basically saying "Trust, and maybe verify. But verification isn't really needed, since we trust Jihan Wu, Roger Ver, and Craig Wright so much".

The argument was specifically as it related to the whitepaper, not what was said later on.

...further if the entire premise of Bitcoin is based on not trusting and verifying for yourself, then SPV wallets should not exist and everyone should be independently verifying transactions with their own full blockchain. Yet low and behold, plenty use SPV wallets for convenience.

If you're going to look to the whitepaper as the Word of God, then you can't ignore the New Testament. And I don't give a fuck who's using SPV wallets.

Again, Bob started this whole referencing the whitepaper bullshit. I could give two shits about what was said in a paper 10 years ago, let alone one written thousands of years ago. Tongue

Maybe you should concede on this one oblox?

It seems that you got yourself into an ambiguous position in which you are supporting bcash nonsense - with your attempt to engage with a supposedly objective analysis.

The fact of the matter is that bcashers attempt to assert that their onchain scaling is more in line with satoshi's vision.. and further the white paper then becomes relevant to their stupid-ass self-selective originalism arguments - in spite of their wanting to have their cake and to eat it too, with the zero confirmations nonsense....   

Surely, zero confirmation transactions contradict satoshi's vision whether we are talking about the whitepaper itself or other implementation statements from Satoshi... and yeah, who gives a ratt's ass about satoshi, because now bitcoin has become a product of later consensus, anyhow, including the current direction with segregated witness and lightning network. 

I think that bringing up the white paper is a way to use bcashers' contradictory arguments against them, even though who really cares what they are saying anyhow because they are disingenuously pursuing attacks against bitcoin and a likely failing alt that may take more 20 years to play out its ongoing attack drama.
18677  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2018, 03:42:53 AM
No. I don't EVER trust 0 confirmations. That's not how its supposed to work in Bitcorn.

Yet it did. Work, that is. Hmm.

Now you are pumping the trusting of 0 confirmations?   And you want folks to give you credibility?  I should not even be quoting your nonsense because your seeming disingenuousness seem to becoming too repetitive and obstinate.
18678  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2018, 03:34:10 AM


The tilting of that logo means, it is referring to a bcash logo not a bitcoin logo.  Aren't we in a bitcoin thread?
18679  Economy / Speculation / Re: Top 20 days for Bitcoin on: April 23, 2018, 03:25:49 AM
Update - yes, we're back again!:

Woo-hoo!

I would like to see you busy posting to this thread, dooglus, on a daily basis, for at least the next year.

But, bitcoin does not seem to give a shit about what peeps like me want.
18680  Other / Meta / Re: Merit & new rank requirements on: April 23, 2018, 03:20:02 AM
Weekly update is here guys. sMerit still decreasing Sad almost 50% less in 6 weeks  Cry



Unsent Smerits decay after some time so you'd think people with Smerits would give them away. I think posts quality have improved so I wonder why the rate at which  Smerits are awarded is rather decreasing. Does it mean posts are becoming rather inferior?


Show the source of your information about smerits decaying.  It is not true.  It says right on the merits' page of each user that smerits might decay in the future, which clearly suggests that smerits do not currently decay.
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