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Clearly your chart was wrong for most of 2014. Even a broken clock is right twice a day.
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"Get off my lawn you get rich quick kids!"
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The point of (left-) anarchists really has always rather been that free exchange and barter and markets may be fine and good, but the wealthier class would lobby the state in their interests, or, if there weren't any, create a state to protect their interests and their property. This is exactly the point Joseph makes in the Molyneux discussion. They believe in a magic man that is firm and strong and always stands for principles. Then they also believe the principle of selfishness means you will vow to be non violent even if it's in your own selfish interest. I think libertarianism is a fetish. |
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[Stuff about an alt coin]
that takes away the decentralization, but decentralization isn't the only pro of blockchain technology,
Wow. It doesn't have to be a coin. If you are thinking of a blockchain, just as part of a virtual currency, you obviously don't have much imagination. There are already enough projects out there with a blockchain, that doesn't include coins. Such as? I have never come across one of them? Maybe NXT (they have coins, no?) I already linked one in my first post in this thread. http://www.factom.org/or check out Ehtereum https://www.ethereum.org/I heard about projects, where they want to make a chat on a blockchain. Lets talk Bitcoin uses Tokens to e.g. have access to a part of the forum(your account is linked to a wallet, if the wallet has that token you can use the forum). I am not sure, if this ideas will work out(or if they are good ones), but there are people out there trying this stuff. I am all for centralized money... for you. All of your examples use coins. By all means buy them with your money. I'll hodl bitcoins tyvm. This projects don't just use a blockchain for storing transactions. If you are to stupid to understand that, I can't help you. Neither does bitcoin. That's why most of them use bitcoins in some fashion. |
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It's a good day to remember all of those that are no longer with us. Have a good Day of the Dead.
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followed closely by LukeJr who said the same. LukeJr then launched off on a rant about how we should "want them to get paid". nice spin Luke. i don't have a problem with you starting a private company but not while taking advantage of your position.
I don't like nor trust Luke jr. He's the biggest criminal of the lot. Seriously, did non-one follow his actions in the past years? Luke, I'd pay for you NOT to work on Bitcoin. I don't trust you at all. so i know many prominent Bitcoin celebrates have dubious reputations, but i haven't followed Luke jr. not to raise any accusations in what issues has he been involved that caused you to lose trust? I'm only aware of some name calling between CGMiner and BFGMiner, to be honest I never got to the bottom of it all, and went with CGMiner dare i say it because i didn't trust Luke's slanted eyed avatar. numerous run ins with Gavin, famously BIP 16: https://bitcointalk.org/index.php?topic=61705.30;wap2Luke is actually not a core dev specifically b/c Gavin won't let him b/c of trust issues Luke-Jr. attacks and kills Coiledcoin alt-currency using the Eligius mining pool: http://www.reddit.com/r/Bitcoin/comments/o6qwx/lukejr_attacks_and_kills_coiledcoin_altcurrency/Luke Jr. is that twat that spammed the blockchain with Catholic prayers no? He did many many things and keeps confirming he's an asshole but the actual trigger to lose trust? Using his pool to kill and alt coin years ago without permission of the miners. If anyone in the world ever liked abusing power it's this guy right here. LukeJr is bitcoin's official stress tester. |
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[Stuff about an alt coin]
that takes away the decentralization, but decentralization isn't the only pro of blockchain technology,
Wow. It doesn't have to be a coin. If you are thinking of a blockchain, just as part of a virtual currency, you obviously don't have much imagination. There are already enough projects out there with a blockchain, that doesn't include coins. Such as? I have never come across one of them? Maybe NXT (they have coins, no?) I already linked one in my first post in this thread. http://www.factom.org/or check out Ehtereum https://www.ethereum.org/I heard about projects, where they want to make a chat on a blockchain. Lets talk Bitcoin uses Tokens to e.g. have access to a part of the forum(your account is linked to a wallet, if the wallet has that token you can use the forum). I am not sure, if this ideas will work out(or if they are good ones), but there are people out there trying this stuff. I am all for centralized money... for you. All of your examples use coins. By all means buy them with your money. I'll hodl bitcoins tyvm. |
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I've lost zero bitcoins. Every bitcoin is right where it should be.
Well, since your everyday necessities and everything around you is priced in fiat and not in bitcoin, you've lost 55% of your purchasing power. How does it make you feel to say something so pointless and idiotic? |
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BTC was on that nasa rocket yesterday, moon cancelled
Nah, it's recalculating a slingshot for mars. |
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Bitcoin lost its mojo. I blame the Manipulator. Obama.
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[Stuff about an alt coin]
that takes away the decentralization, but decentralization isn't the only pro of blockchain technology,
Wow. |
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Wait, if my 24 word seed can bring back my coins, doesn't that mean my private keys are held somewhere?
That's why it's called a seed and not a passphrase. Your keys come from the seed and your seed can clone them if they are lost. How does it know how to clone it? What if I make 4 other accounts on my trezor. I don't know what you mean by account. The Trezor doesn't contain accounts. It contains a wallet filled with addresses. The website has your account. The Trezor can only load one wallet at a time If you lose your Trezor you will want to clone the wallet from the seed so you at least get your bitcoins back. You have to do that yourself. There's is a "account" moniker in the key derivation scheme. All accounts are derived from the seed. Interesting choice of monikers. Very bank. Cannotes third party security. Most clients use the term wallet. Why did you choose account? |
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The author thinks a blockchain is just a database sitting on a server.
Well, he's right. I would add, the more servers it sits on - the blockchainer it is  You do realize that each server has a different database, right? The part that makes that makes each block special is the process that builds the chain. So no, it's not a database, it's thousands or millions of databases. His argument is like saying the internet is a BBS. |
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Am I right to assume that mentioning other blockchains that run on code written from scratch would look out of place here and I shouldn't bother with bringing that up? )
No that would be a stupid thing to even think. Yeah, I figured as much The author thinks a blockchain is just a database sitting on a server. |
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Wait, if my 24 word seed can bring back my coins, doesn't that mean my private keys are held somewhere?
That's why it's called a seed and not a passphrase. Your keys come from the seed and your seed can clone them if they are lost. How does it know how to clone it? What if I make 4 other accounts on my trezor. I don't know what you mean by account. The Trezor doesn't contain accounts. It contains a wallet filled with addresses. The website has your account. The Trezor can only load one wallet at a time If you lose your Trezor you will want to clone the wallet from the seed so you at least get your bitcoins back. You have to do that yourself. |
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Am I right to assume that mentioning other blockchains that run on code written from scratch would look out of place here and I shouldn't bother with bringing that up? )
No that would be a stupid thing to even think. |
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Sorry guys, i'm cutting my loose keeping some ammo for $2xx ish, more and more probable now.  Another early adopter has found his exit. The feedback loop begins? Nope because when it takes off, the boat won't wait for orders. Deals are already made to cut civilians out of the bitcoin buyer's club. |
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I'm guessing KNC will soon start selling miners again. lol
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Down we go.
going up from here Rule of thirds and superstitious numbers is my predictive tool for price. 30s and 60s have the most resistance. 333 is a very strong number, but it may not hold. The next number is pop culture 300. That's when the Hodlers scream. |
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The silence from the "dark" community has been deafening. I'm starting to wonder if their numbers are dwindling.
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