Some specifics might be helpful here:

1) what do you consider 10x?  $200k BTC or $100k or some number in between?

2) what do you mean by retire, exactly?  Are you cashing out some of your coins in order to invest them into some kin of funded research project?

3) Are you targeting 10x because that provides you with some cushion in the event that BTC prices experience a 90% correction and remain stagnated for a significant period of time, reminiscent of 2014-2016?

4) I do think that any investment plan that relies upon an upsurge of BTC prices does also require planning for a prolonged downturn in prices, too... and probably a 90% correction and somewhat prolonged would be the extreme of such, but really you never know for sure... but seems prudent to have plans and preparations for such within the realm of foreseeable (based on history) possibilities.

Yeah.. he's been kind of on a roll, and I had to sink so far as to send him a merit....

We are going to be in more of an alice in wonderland situation if Roach starts making any sense.

Hahahahahaha..

You must feel good   because for once that is not you.

 

Well we also know that the whole fucking Bcash thingie-ma-jiggie was a scam on several levels and a continued attack vector on bitcoin and provided an opportunity to perpetuate ASIC's boost based on insider access to the ASIC's boost technology, and remains somewhat questionable why anyone would go along with their being used to support bcash in any kind of way - but surely there could have been some neutral miners that were able to time some in and out profitable plays... but yeah, ultimately scamming on a variety of levels that also likely includes misleading newbies into NOT being able to differentiate snake oil from the real deal.

At the time of my earlier post, I was having a brain fart (regarding whatever the fuck EDA was referring to), and largely it was due to my not having had given much of a ratt's ass about Bcash (and maybe trying to put some of the history of it behind my thinking) - but I figured out what was EDA after I saw it used in another context in another post by a member who shall remain unnamed (Edit: and later in the thread such other not to be named member specifically answered dee question - a shill but ended up being a helpful one - not that I am going to agree now).

Just for others EDA = Emergency Difficulty Adjustment  - which was not just a one time thing in Bcash, and it ended up in some kind of stupid-ass hardfork in Bcash in November 2017 to make further adjustments.. some of which was described in this October 31, 2017 article.

Ditto...

It's like nothing happened, until we get into another BIG HUGE fight, and then at that time, any kind of historical (or hysterical) remnant, whether true or not, will become fair ammunition.  

Projecting our future:

If you could at least stay somewhat on topic, instead of pumping hostile and misinformed nonsense about an altcoin, then at least some of your views might be somewhat tolerable and even helpful to others rather than just a means to deceive with spin bullshit nonsense that has already been gone over a zillion times (maybe I am exaggerating a bit?) and no one except for noobs or the gullible seems to be persuaded by your phoney baloney except perhaps you, PeterR,  Roger Ver, Jihan Wu, and a small number of irrelevant others - and even though you put on some good spin, probably you are not even dumb enough to believe that Bcrap.  Roger dat?

You may be correct that the merit required is a bit too high, but if it ends up being overkill then there may be a way that Theymos can fairly tweak it - but it is certainly not a given that he will tweak it in the near future because perhaps some of the problems had gotten so far out of hand with spammers and bounty seekers that a period of overkill might be considered a better short-term path forward - because even tweaking back down would have some potential costs, too.



Well, you are correct that you have to be on the system and using it in order to earn merit, and you could be correct that you are not going to be on enough to earn merit to rank up in any kind of timely manner - but I think that was part of what was being attempted to rank  up and differentiate the more active users - even though you might be a good person and even a more rounded person by not being on the forum so much.. but what is rewarded is being active on the forum, so in that sense there could be some disproportionate rewarding of internet nerds and socially awkward people rather than "normies" hahahahhaha


Could be, but it NOT like the system is locked in or that the changed has created an inevitable spiral downward into DOOM, and if it ends up being too much then there may be ways to tweak it, like already mentioned.


Well , this is a place to witness a variety of those stories.. and disgruntled rage quits, distractions through alts, ICOs and bounty hunts, battles with bitcoin maximalists and many variations.  Sometimes you can add to the story and understanding of others and other times through participation you can learn the extent to which or in what ways your story differs or potentially adds value - and it can be quite interesting to get into some kind of online battle with another user, and then later realize that you have way more in common with your online battle opponent than you initially thought.


In my 4 years on here, I did lose access to my account twice, so that taught me 1) a bit better safe keeping of my account, 2) the value of my account and 3) it can be a bit of a bitch to get back access to your account.


We know that change is inevitable, and look at bitcoin and the crypto space..   HOLY FUCKING SHIT...   You cannot kept the same atmosphere when you have that much change and money coming into the crypto space - a combination of smart money and dumb money.


So far, I have not gotten involved in that aspect of the space - but I understand those kinds of things remain options for me, especially with a high ranking account... .. but personally, I find enough value posting in the space and other things that I have going on in my life (sometimes peeps on the forum assert that I do not have a life outside of the forum, but I surely do, even though I will admit that there are periods of time that I spend more time on the forum that what would be better for me personally).


I get confused by the whole thing too, and there are some members who spend a lot of time RED Tagging these kinds of accounts, and I am glad that there are some members willing to engage in that kind of controversial work that also causes them to get sucked into the fray of forum politics, which once your "in" that kind of mess, it may become difficult to figure out a balance.  Here's a good recent and seemingly ongoing example of that kind of messy forum politics.


I don't think that crypto's growth is necessarily dependent on newbies being able to easily rank up in this forum under something like the old forum rules.  It may well come to be that rank becomes more appreciated when it is earned, but also no one is really being stopped from posting in this forum based on rank, but if they are spamming, shit posting then they are going to have difficulties,... and yeah, the same is true that if you are just using the forum to read posts, but you are not really actively engaging, then you are not going to rank up very easily, either.


You have a lot of decent ideas and you might find that your ability to get 85 more merits may end up coming easier than you thought.. or that some tweaks could happen in the new merit system to make the seemingly formidable become more attainable.



Even though I get the point that you are making here, it seems way too early to suggest that either FB is going down the myspace path or that this forum has any kind of similar downward spiraling fate.

There are already a lot of threads that attempt variations on smerit give aways, and maybe more will spring up, because it is appears that members receive some merits just for creating an organized thread in that direction, especially if they might have some interesting or innovative approach or way to target their merit spending.

Here's  a list of some of the merit give away threads, and I think that there are other merit give away threads that are not listed in that thread.

What is "EDA"?  My brain is not converting this.

That's what I like so much about this place...

Always learning helpful new information, and I am gonna have to try some of these variations in the real world and see how far they take me... .... I can hear myself already... "Are you fucking retarded Nigga, I am NOT using "er", can't you hear it in my enunciation? , plus I said it in a nice tone, especially the first time when I passed by you in the liquor store, and further I should not have to 'splain this kind of basic common sense to you."

Wish me luck with this...

Makes me also considered whether my bitcoin's have good and clear destination paths for some day after I am gone?

It is about a 20 minute video, and I made it about 2.5 minutes into it before I had to shut it off.

When the guy labels bitcoin (core) as the bitcoin fork of bitcoin and kind of rolled his eyes, and said something like the aspirations of segwit and lightning network failed to be realized.. blah blah blah.. ..   There is not enough time in the world to be wasting on that kind of distractive fantastical bullshit...

I think that they aspire towards "decentralization," which I seem to recall that in their "original vision white paper" they define decentralization as having a minimum of two nodes, perhaps Roger and Jihan were specifically mentioned in the "original vision white paper", though in practice, rather than theorizing, those two ratts will probably NOT be the bcash node last bag holders...  and will likely abandon the bcash node ship much earlier than two.  Sad but 110% completely true... 

You can get your own unspent merit by attempting to spend a merit, but I believe that if the merit button is not available, then you have no available merit to spend.  

I believe that there is NOT a way, so far to see the unspent merit of other users; however, I believe that there had been some posts speculating on how many were available in total, and I believe Theymos did provide an overall number in one of his posts.

There are some other merit stats available, here which is also at the bottom of the merits page that is accessible on your personal profile page.

Edit: Whoops: I see that TryNinja beat me to it, and had largely already made a response with additional details, above.

Ignoring might have served you well and saved you in the first place from getting your nosey little selfie involved in your made-up drama bullshit.     

Nothing wrong with providing contrarian views if you can attempt to stay on topic, make some kind of point and attempt to back up what you are saying.

Currently Theymos has designated 57 members as merit sources that receive a replenishing (on a monthly basis) supply of smerits that they can send to other members.

Every  other member is stuck with their initial distribution smerits (and sounds like you spent yours, which would have only been 1 or 2 smerits at your rank - or at least less than 5 smerits best case scenario), and can only obtain more smerits if 1) they receive merits from other members (which would earn them .5 smerits for every merit received), 2) they become designated as a merit source by Theymos or 3) if Theymos were to do some kind of smerit airdrop on some categories of members (which seems somewhat unlikely, but probably within his abilities to design and carry out some kind of an smerit airdrop).

Well hopefully each of us appreciate ourselves for what we are, without necessarily devolving into unnecessary defensiveness, and in the end, we can learn and gain value for ourselves by interacting in this forum (whether this thread or otherwise).. hopefully... and decide on our own whether we need to tweak anything in our approach. 

I look forward to hearing more about your bitcoin experiences and opinions.... and hopefully we can get some mutual benefits from sharing such..  I already said what I feel that I needed to say.

Maybe the dumbass part is that you subsequently explain a context that makes more sense?  Initially, you made a description that suggested that there is some kind of decent and widely applicable practice that is good to be taking 50% of your profits in fiat... when the more accurate description seems to be that supposedly, if you are to be believed with your shifting storyline, you are earning income in bitcoin and thereafter you are attempting to invest (or HODL) 50% of the coins...

In other words, your initial post were misleading, if you are attempting to be descriptive about what you are doing... so maybe the dumb-ass part is that you seem to be engaging in purposeful shifting of your story and attempting to mislead?  Hopefully you can work on that.   

Seems like I be learning new words from the WO BIG hitters, yet I am not too sure if I am going to be able to use it any time soon... perhaps?  perhaps?  Usually, need to hear an idea several times before it sinks in.

Regarding your being happy, I am very glad for you to be in such a status.  

Regarding your supposed diversification status, I imagine that should be a good thing, and it seems to be the case that if some folks have already gotten rich through traditional investments, they may get a quite a bit more nervous to sleep in what they would consider to be very high levels of bitcoin... however, if bitcoin ends up being in the s-curve adoption and exponential growth that a lot of knowledgeable bitcoin investors believe, then your asserted practice of continuously skimming off profits seems quite likely to leave you way too fucking underinvested in bitcoin when the rocket leaves the launch pad.. and you might not be able to catch up.. unless you are able to team up with Elon Musk and get your own rocket to meet us already in bitcoiners some where in the outer regions.. .

But, whatever floats your boat.. if you want to constantly skim profits into dollars and that makes you happy, great for you, but it would have caused you to have a pretty fucking poor performance to HODLers if you had been employing that kind of strategy for bitcoin through its so far nine years of life, and you may well know you seemingly bank shill that there remains a decent possibility that bitcoin is still in its very early stages of growth and adoption.

Actually, I had never really considered that particular problem of the deleted posts, and you may be correct that there should be ways to access information about deleted posts that had been merited - I am not sure whether the only means would be to list the merit sources; however, it could be one possible way. 

I am not really opposed to Theymos's initial decision to NOT reveal the merit sources - and it is likely that in the future that he will disclose that information - because, as you may recall, he also stated that he suspected that through time, members were going to be able to figure out who are the merit sources - which may be just a matter of one or two months seeing that some members are giving merits beyond what would have been their maximum possible level of initial distribution plus 1/2 of the merits that they subsequently received... Although there could also be some quirks in that hypothesized information in the likely event that Theymos also does have the power to selectively award sendable merits to members - and so there may be some mystery about whether he would actually employ such a sendable merit distribution to selected non-source members.