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Did anybody get any information that friedcat is still involved in the ASIC industry? Was he behind Bitmain?
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Quote from: satoshi on October 04, 2010, 07:48:40 PM
It can be phased in, like:
if (blocknumber > 115000)
maxblocksize = largerlimit
It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete.
So how does BU propose to 'phase in" their new blocksize? Is it in "versions way ahead"? No, instead it is a really, really bad (and dangerous) fork at ANY time from then on and forever more policy. Still cannot quite fathom how it is being taken seriously, maybe people really are stupider than you can think. |
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For the COIN ETF SEC was specifically ruling on a rule change to the BATS exchange rules.
Do we know specifically what the SEC will be ruling on for the SolidX ETF application?
Start here to know how it might be different from COIN debacle.
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https://www.reddit.com/r/Bitcoin/comments/608zha/bitmain_wants_to_accelerate_plans_for_a_hardfork/Woo crawls further out on the limb ... guy is slipping into fully postal territory quite quickly, non-linearly. He's exhibiting behaviour of someone under a lot of psychological stress, coercion or manipulation. I noticed the same when Ver had his public breakdown on podcast about bitcoin stopping wars, pretty sure Ver has been visited by powerful forces from State dept. or similar and asked nicely to co-operate with undermining bitcoin ... or else.
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Finally, back to normal?  Who panic sold at the bottom? |
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President of Bitcoin Company (POBC) sits down to discuss max_block_size, fees and mining rewards schedules for the next 10 year Communist party plan with PBOC.
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...you can't make this stuff up. I thought the reddit image might have been tampered or something and went to check myself.
...A president.
...A fucking president.
That must be for the lulz! ... it's like the "Hi, I'm the Bitcoin CEO" joke right? "Hi, I'm the President of Bitcoin!" ... shots immediately ring out from every direction. |
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One thing Woo (and idiot Ver) may not have accounted for is by centralising so much power around themselves they are now major targets for any variant of the $5 wrench attack motivated by an incentive for control over a $20 billion monetary security system (or its demise) .... not smart guys by any stretch of the imagination. They might want to start spending that "$100 millions" they budgeted on attacking core (100's of decentralised developers) on some high class personal security.
You would think Ver knows enough of the cypherpunk history to know what happened to e-Gold, Liberty Reserve, e-Bullion, etc central actors. If you want to go centralised with your digital money expect to become the prime target for some major league criminals.
By that logic, such an attack would have occurred years ago on people like Gavinator, Wlad, or Gmaxwell already... No, you are wrong again. These guys were smart and stood down when it appears they are having the "ring" of power ... Gavin stood down as "Chief Scientist" when the debate began to centralise around him, Wlad has taken the lesser role of repository maintainer and judiciously stays out of any political dramas by sticking precisely to technical discussions, Gmaxwell gave up his commit access right keys to the Core repo as soon as he become a target. You would think after the destruction of DreadPirateRoberts, Shrem, Karpeles, Hearn and others who try to become "leaders", people would have learned that is a fool's errand. Satoshi's example wasn't just a cute disappearing trick, it is a fundamental necessity to the security model for decentralised monetary network. Any tiny abuse of 'power' by actors in the bitcoin space has been dealt with swiftly and severely by forces both within and from outside. I kind of feel sorry for Woo, it will drive him crazy before it destroys him. |
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The Jihadi Woo malicious miner problem is something of nightmares for bitcoin but maybe the final test before mainstream adoption nirvana.
One thing Woo (and idiot Ver) may not have accounted for is by centralising so much power around themselves they are now major targets for any variant of the $5 wrench attack motivated by an incentive for control over a $20 billion monetary security system (or its demise) .... not smart guys by any stretch of the imagination. They might want to start spending that "$100 millions" they budgeted on attacking core (100's of decentralised developers) on some high class personal security.
You would think Ver knows enough of the cypherpunk history to know what happened to e-Gold, Liberty Reserve, e-Bullion, etc central actors. If you want to go centralised with your digital money expect to become the prime target for some major league criminals.
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Worst thing about raging drinking sessions? ... cleaning up all the vomit left behind. Jihan Woo has gone off the deep end Woo vomit... what is it about BU that attracts emotional psychopaths? |
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I have a theory why the ALL the alts pump massively just before bitcoin gets dumped (this is not the first time it has happened) and FUD attacked, bear troll shill brigade shows up etc.
The banking groups that are trying to get into cryptos are known to have large positions/interests in at least ethereum, ripple, stellar, lisk and probably others. And they are known to always be on the look-out for the latest money-laundering wheeze.
Modus operandi is this;
i) deposit dirty fiat in altcoin exchanges where regulations are low to non-existent
ii) buy up alts on altcoin exchanges (especially pump up ethereum bankster coin to undermine bitcoin's supremacy network leader position)
iii) crypto transfer alts into bitcoin (no effect on bitcoin-fiat pricing which would be counter-productive to price perception manipulations AND essentially untraceable link to dirty fiat if done correctly)
iv) dump bitcoin back into fiat onto regulated AML/KYC exchanges, unleash the FUDsters ... dirty fiat laundered and bitcoin trashed in fiat pricing, bankster alts pumped up artificially
current volume is $1 billion per day, works for good sized laundering quite well for them.
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if you find yourself having FOMO about some shitcoin train
i'm sorry there's no hope for you... just, go make yourself useful and run a BU node.
BU is the caboose on the shitcoin train ... so you're right at home I guess. |
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ETH has good fundamentals,
Fundamentals? ETH fundamentals? OK, help me out here... fundamentally, what is ETH good for? ETH is currently as good as any other crypto - meaning it's basically no good for anything other then gambling  What makes ETH's fundamentals good are it's core mechanics that keep it open to a wider range of applications for the future. This means more arguments to buyers, on why they should be excited about buying. The crypto markets in general need constant flow of new ideas of innovation to keep people excited enough to keep them from exiting. ETH has potential in my eyes just because it's easy to sell ETH to people that have no idea about crypto. I don't try to determine what crypto will prevail in practical use, it's enough for me to determine what crypto can be sold the easiest. That's why I got interested in ETH just when it was around 1$. I had no idea if ETH's technical side will live up to it's promises. But I knew that the given promises will get a lot of attention. But at least for some days, I'm out of ETH. The ETH market is no stranger to concentration of wealth and these fast surges usually end when FOMO is strong and they end rather harshly. I could be wrong and ETH could continue the surge. But luckily ETH has served me well enough this month, that I can afford to be wrong and make my bet following my regular principles of trading. Fuck off with your alt-coin pumping shit thanks. the only time you show up here is to pump your shitcoins and dump on bitcoin ... we don't need your eastern euro-trash shittalk around here thanks. |
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Whew, what's it gonna take?
The BU shitshow rolls on ... ok, we get that the big blockers are butthurt about being told to sit down and shut-up when their ruckus became unseemly but why the fuck are they persisting to fuck everything up that they do and righteously insist they have bitcoin's best interests at heart and they have the best possible solution?
Bitcoin needs a long-term max_block_size increasing solution, everyone knows that, BU is not it, an interesting idea that brings something to the table but definitely not The One, they need to get over that. Anyone who thinks they have IT, put it up on github and let's talk about it ... same as it ever was.
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my BU NODE IS BACK UP BITCHES   ... for now. |
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Why yesterday name is pump?
No news, but ghrow was be. Hmmm
Someone mentioned it was added to some sort of alt19 fund of alts. Or something like that. I just wish I could add a plugin to my browser to start accessing .bit domains. Something as simple as that. People look up Bitcoin address balances on blockchain.info, why would it be difficult to do the same for .bit IP addresses the same way? Then map it to a plugin. You don't even need to build a new plugin, you just need to configure FoxyProxy plugin with the right settings .... I built something like that in 2011. There are other Namecoin specific plugins out there now I think. |
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what a shame.
for who? even the most fervent unlimited supporter might not be very impressed if the entire system seized up. i'll bet there are many more surprises hiding too. they shouldn't have put their heads above the parapet until their game was 100% immaculate. if you want to influence a 20 billion dollar deal expect to have your every move gone over with thousands of microscopes. this ain't play time any more and this is more than an internet spat for the lulz. its a shame that BU does not have as much peer review and scrutiny. I dislike the idea of having one team ( mostly all employed by 1 company ) having so much leverage. no just stop it with the bullshit please. I really resent the insinuation that all Core are employed by Blockstream (or the banks by some crazy extension) ... some asshole was on reddit saying all Core devs are paid by AXA (the banks) ... I mean what a complete asshole lying thing to be saying in public. If he was saying that to my face he would be out cold on the ground in under a minute, guaranteed. 1 company does not "have so much leverage", that's just wrong and lies. If BU guys had any confidence in their ideas they would have submitted a patch to core for review, like everyone else and argued their merits in an open court..... they are free to try and propagate their own code but they better be prepared for an even more rigourous test (the real world) ... but they are better off putting it up on the Core repo and getting real feedback and testing first, not in some BS echo chamber full of emotional, butthurt, raving idiots. |
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what a shame.
bit worse than a shame ... it's a fucking shitshow travesty. Now BUg pumpers are gonna be forever wondering if there is another zero-day BUg out there waiting to wipe out all there bitcoins shortly after they hardfork??! WTF? If Peter Todd was malicious and greedy he could have made mega-bank on this by keeping it to himself until they forked and then shorted majorly the BU fork and killed it dead anonymously without telling them what was happening, they wouldn't have had a clue what hit them ... and made a killing too. What's the bet that the DAO attacker is sitting on a BUg zero-day ... just waiting for the fork. Stuff is toxic, it's finished. Woo is finished too. |
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I registered an amazing 3 letter .bit domain last month. I was really surprised it was available, someone must have slipped up and let it expire!
I'm going to be keeping it forever since they are cheap to renew and possibly using it for a zeronet site.
Cool that good names are still out there available ... which one was it if you don't mind me asking? xyz.bit has a nice ring to it I think. Nice ... is it for sale? sure if the price is right How does 10 NMC sound? |
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oh shit we have movement!
yes, this is the dip that all the sodl out bulls have been waiting for ... $1235 is your chance to finally go for glory! |
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