Yep, we're the land of fruits and nuts. I've lived in Norcal for 35 years and always been amazed at how completely crazy the people are. Nothing they do seems to make any sense.

San Francisco is ground zero for gay rights but was the only place that voted against gay marriage.

They protest in favor of freedom and democracy at every turn but vote against gun owner rights at every opportunity.

There are more GMO crop protests in California than any other state but they grow more GMO crops than any other state.

They are holding some of the biggest protests to protect Dakota Indian land water from pollution but have some of the most polluted aquifers in the nation.

I think everyone in California is stoned most of the time.

This is most likely the same group of millennials that protested to pardon Edward Snowden for releasing inside government communications. Hillary the great floodmeister of top secret emails should be president?

What was in those cheerios we fed our kids in the 80s and 90s? LSD? It seems to have made them retarded.

You win a gold star. No one else seems to see that all the testing on Bitcoins blockchain will do nothing for Bitcoin.



Microsoft Azure is offering an Ethereum private blockchain network! Isn't that great for Bitcoin! To the moon! Smart contracts for the win! Yippee!

No, actually it's not great for Bitcoin. It won't shoot any Bitcoin rockets to the moon! NASA won't be involved. All it means is more and more companies are figuring out what's good about Bitcoin so they can duplicate it privately.

Texas v. White (1869)

In deciding the merits of a bond issue, the court held that the Constitution did not permit states to unilaterally secede from the United States, and that the ordinances of secession, and all the acts of the legislatures within seceding states intended to give effect to such ordinances, were "absolutely null".

The Articles of Confederation, formally the Articles of Confederation and Perpetual Union, was an agreement among all thirteen original states in the United States of America that served as its first constitution. Its drafting by a committee appointed by the Second Continental Congress began on July 12, 1776, and an approved version was sent to the states for ratification in late 1777. The formal ratification by all thirteen states was completed in early 1781. Government under the Articles was superseded by a new constitution and federal form of government in 1789. Now under constitutional rule the existing number of states cannot be increased and no state or territory may unilaterally decide it no longer chooses to remain a part and parcel of the United States of America.

The above is the reason Puerto Rico, Guam, Northern Mariana Islands, the U.S. Virgin Islands, and American Samoa are not states. They are classified as unincorporated territories.

Any attempt of a local state or territory government that attempts to secede would likely be met with martial law from federal troops. That would either cause a retraction of the attempt or create a bloody civil war. I seriously doubt the pretentious pussys that live in multimillion dollar homes all around me in California, the ones that passed an assault rifle ban, would be able to muster up the forces to defeat a small army of heavily armed field mice. ROFL

Do you people read anything you're commenting on?  That article doesn't mention Bitcoin at all. They're thinking about making their own Blockchain for "Dubai Points" (whatever the fuck that is). Does nothing for us.

Absolutely right, no one voted for Trump except a bunch of looney rednecks in the heartland but everyone voted against Clinton. Trump was just the one left standing. The perfect example why the "first past the post" two party system doesn't work.

It's far worse than you people are discussing. Psychopaths Republicans won the presidency, the house and the senate. During Donald Ducks presidency he will appoint a majority rule to the Supreme Court because of open seats and aging magistrates. This will give the "oh fuck me" I mean "GOP" complete control of every branch of government. This is an almost unprecedented control of the United States by nigger/beaner hating white christian lunatics.

So I guess murrica agrees with us. Hitlery Cunton isn't trustworthy.

PS: All you brown and black people have one week to leave before whitie rounds you up and lights up the gas chambers. ROFL

Of course you would, you still know better even after all the bad media attention Bitcoin has had.

I'm talking about the average joe that would never even consider using Mark Karpeles' and Trendon Shavers Bitcoin. They will believe they are getting the best part of Bitcoin without the risk.

Blockchain technologies ≠ Bitcoin

Just the opposite, development of commercial Blockchain use, especially by mainstream banks with fraud protection, will most certainly end any public desire for Bitcoin. Why would you use Bitcoin when you can have a professionally developed system that's automatically fully integrated into society?

Current Bitcoin devs can't rapidly solve the growing pains of Bitcoin. If some well financed company like Chase bank or Wells Fargo decided to throw money at "Blockchain Technology" it sure as hell wouldn't take a couple of years to solve the block size issue.

Bitcoins continued success still relies on young people (broke people) wanting to mine free money from the internet. How survivable will Bitcoin be in ten years when that's no longer possible?

So you can't read past the first sentence of a post, huh? What does M-Pesa, AmazonPayments and Apple Pay have to do with Bitcoin? Um, let's see? Everything since they're younger than Bitcoin and overtaking Bitcoin's payment processor markets. Masses of businesses that used to accept Bitcoin have stopped taking Bitcoin because no one uses Bitcoin to shop there. Even Patrick Byrne from overstock.com, the huge supporter of businesses that accept Bitcoin, said he would eventually stop accepting Bitcoin when the final iteration of "virtual gold" is widespread.

You'll get to see for yourself in three to seven years. At the next reward drop or possibly the one after that it will become unprofitable to mine bitcoins for just the reward profit. All the old mining hardware the Chinese are using will need to be replaced and updated. The massive cost of hardware replacement combined with the reward drop will most likely make the large Chinese farm owners move on to more profitable investments.

Based on the current cost of Bitcoin in three years for profit to remain flat (taking inflation and reward drop into account) Bitcoin will need to maintain a cost above $2,775 a coin and the transaction fee would need to double. In seven years the price of Bitcoin will need to be $5,130 a coin and the reward fee will need to increase four fold for the price to be equal to today's price. Taking into account a complete replacement of aging old mining hardware (using current hardware prices which will likely increase) the price of Bitcoin in order to equal today's mining profits would need to be roughly $16,400 a coin with a ten fold increase in transaction fees. I see the Chinese and lots of other miners moving on.

I know that I'm god because every time I have my face buried in some sweet little furry beaver she starts screaming "oh god".

ROFL

That's right, Satoshi Nakamoto is code for cat loving fat French faggot that steals all the bitcoins.

That's a long time in cyberspace dude. Pokémon Go is six month old and has 26 million daily users. Within two years most social media sites (facebook, MySpace, etc.) had millions of users. Apple Pay is two years old and has 4 million users. AmazonPayments had over 2 million users the first year of operation. In 2012, a stock of about 17 million M-Pesa accounts had been registered in Kenya alone. That's after only 5 years in operation. In cyberspace 6 years is an eternity. Bitcoin is becoming the grandfather of online payment systems.

It sounds like you're talking about a new altcoin but I guess it also applies to bitcoin as well.

 The price of almost everything is determined by the number of people who want to purchase it. That's the concept of supply and demand. If a baker bakes 100 loaves of bread and prices the loaves at a dollar each and 110 people want to buy a loaf of bread from him then the price goes up to $1.25 each.  If the Baker bakes 100 loaves of bread and only 90 people want to buy a loaf of bread then the price goes down to $.90.

 The example above is an over simplification but it gets the point across. Speculation has always, and will continue for the forseeable future, to control the price of bitcoin. When speculators buy large quantities of bitcoin the price goes up and when they sell large quantities of bitcoin price goes down. Daytraders are having great fun right now manipulating the price of bitcoin to eek out small profit margins. The problem with that whole scenario is that bitcoin still has no economy and is relatively valueless.  What that means is people are not buying bitcoin because they desperately need to make a purchase that can only be made using bitcoin it means they're simply buying bitcoin to hold for a later date when the price goes up.  Any speculator that decides to completely sell out a large quantity of bitcoins can crash the price down to nearly nothing because there is no economy.

And that's about 250k.

For perspective:

That's about the same number of people in the United States that are married to their second cousin or  closer relative.

That's about the same number of people that march on Washington in any given protest in the US.

That's about the same number of people that are arrested in Morocco every six months.

That's about the same number of people that watched the band Muse play at Wimbley stadium in the UK.

That's about the same number of people that die annually from taking illegal drugs.

That's the population of Borujerd, Iran.

That's a pathetic little number considering how long bitcoin has been around now. After over six years bitcoin still has fewer users WORLDWIDE than the population of a tiny city in Iran.

How is she any different than any other thieving lunatic POTUS?

Nixon was a crook that quit his job to keep from being jailed.

John F. Kennedy was responsible for a coup against Abdul Salam Arif in Iraq that placed Saddam Hussein in power.

Ronald Reagan was a senile old fool that let his wife Nancy make most of the important decisions. He used to fall asleep in his chair during important ceremonies. He called his wife Nancy "mommy" and acted like she was his mommy. Before running the country he was a stand up comic and an actor. Being an actor, playing a part, I guess qualifies you to bullshit the world.

Harry S. Truman nuked major cities in Japan, not once but twice, killing men, women and children and their descendants for generations. He said he did it to end the war faster and "save lives". If that's how he saves lives I'd hate to see how he likes to kill. 0-o

George H. W. Bush was a blithering idiot that said things like, "I'm not granting amnesty but the illegals that are here can stay". He was responsible for the middle-eastern war that made Muslems hate us so much they are still terrorizing us today. His Vice President, Dan Quayle, was so stupid he couldn't spell "potato".

President Grover Cleveland was a pedophile. When Cleveland’s law partner Oscar Folsom died, Cleveland became his daughters legal guardian. Frances Folsom was 11 years old at the time. He later married her at the White House. She remains the youngest First Lady in the history of the United States, having been just 21 when they married. They were "conjugal" when she was still an illegal teen girl. Oh well, I guess it's ok to fuck a little kid if you marry them when they grow up.

Jimmy Carter believes UFOs are real and has a fear of being abducted.

You must be one of the few adults here. You actually understood what I meant. I doubt the average 12 year old forum member here can pronounce "vernacular" and they certainly don't know the meaning.