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221  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 13, 2018, 01:36:27 AM
If everyone posted an apology for every speculation not realized, this speculation thread would be twice as long.

I will apologize for this post when I see close to 100% speculation accuracy here.


You're right that apologizing for "every" incorrect bit of speculation is not warranted, and that is indeed a quite a humorous suggestion. Wink

But you are dishonestly retreating into generalizations as a way to avoid the particular very-high profile and thus especially egregious 'Bitcoin is dead/dying' FUD being spread by Aminorex.

I'm not asking for an apology as some sort of groveling for forgiveness within a moralistic overlay; I simply have high expectations for our most respected posters, which entails they own up to their most massive counterfactual mistakes and perhaps explain to their flocks how/why they managed to get it so wrong.
222  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 13, 2018, 01:14:46 AM
As much as I disagree with the big blocker philosophy... Aminorex has NOTHING to apologize for to anyone.  That is some of the most ridiculous shit posted here.  On the contrary, I am ashamed this thread has turned all Aspergers on him for stating his opinion.

Calm the hell down, IMHO.

I am the calm one here.  You can tell because I'm referring to objective numbers provided by a 3rd party and because I'm not spewing Chicken Little gloom-and-doom FUD about how Bitcoin is going to die (and/or is already dead). Smiley

Aminorex's opinions predictions about s2x's fate and The Evil Blockstream Core Conspiracy were/are flat-out wrong.  He needs to be called out for and own those mistakes.  You don't need to leap into the fray in a chivalrous attempt to white knight for him.  He's a big boy and fully capable of engaging me without you trying to set the acceptable parameters of our discourse.
223  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: February 13, 2018, 12:50:17 AM

O DashSpam, Where Art Thou?

Bloomberg posits that spammers are leaving Bitcoin to adopting centralized, Instamined, and more PaidShill-centered coins, citing a study conducted by Recorded Future. Over the past year, Bitcoin has lost scamvertisment usage and PaidShill dominance to the tune of 50%, according to Spammarketcap.com due to vigilant, aggressive moderation and high levels of community pushback. Recorded Future argues that Dash is among Bitcoin’s top potential replacements among anti-spam law evaders.




Dear NibiruHybridDesertPaidShillLynx,

Please stop including the DashSpamForce advertising banner graphic at the bottom of all your posts, as our sysop has requested.


Ads are typically not allowed in posts (outside of the signature area) because they are annoying and off-topic. It is especially disallowed to put ads or signatures at the bottom of all of your posts. Except for traditional valedictions, which are tolerated but discouraged, signatures are for the signature area only.




What Many Centralized “Instamined Coins” Fundamentally Misunderstand About Satoshi’s Vision







Once again,

Please stop including the DashSpamForce advertising banner graphic at the bottom of all your posts, as our sysop has requested.



Ads are typically not allowed in posts (outside of the signature area) because they are annoying and off-topic. It is especially disallowed to put ads or signatures at the bottom of all of your posts. Except for traditional valedictions, which are tolerated but discouraged, signatures are for the signature area only.






Please merge these posts into one and stop using the banner advert as your in-post sig.  It belongs in your signature space (where we can turn it off).



Big Evolution Delays Revealed by Dash Core Team Q4 Conference Call

After listening to the above-linked lengthy call by Dash Core to summarize Q4 of 2017, here were my top most important takeaways:

1: Evolution development delay updates
The question on everyone’s mind: why is Evolution coming out more than two years late? When is the roadmap getting an update? Core clarified that an updated roadmap would be released soon, but even Dash PaidShill Amanda B Johnson no longer believes a single word written on Dash roadmaps because they are always 100% worthless marketing hype and usually fail to meet self-imposed deadlines.




The Dash community needs to step up and ask their PaidShill to follow the forum rules against putting banner ads in Every. Single. One. Of. His. Spamvertistment. Posts.
224  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 13, 2018, 12:36:28 AM
Maybe crypto is like PMs where gold is still king after thousands of years.

Bitcoin is more like aluminum than gold.  In order to transfer value it takes much longer and costs vastly more than any other crypto of comparable monetary function.

It remains to be seen whether a settlements network can be salvaged from the ashes of the house Satoshi built and the core team burned down.  I would not invest in bitcoin now, simply because it is not useful now, and I have no confidence in the salvage crew.

Quote
Bitcoin should and I hope, will survive.  Its robustness (anti-fragility) is legend and so it is and will be for some time the standard bearer for all crypto.  

A blind, arthritic and demented standard bearer does not seem like a good thing to me. Lack of utility, if it persists, will surely bleed its value inexorably down. I hope I am proven wrong because the wake of a sinking titan can capsize numerous lesser vessels. Even a sound one will be tossed brutally in those swells.


Let's remind our lurkers exactly how much credibility you have in the Immanent Death Of Bitcoin Prediction Department by quoting (in the context of my own) some earlier prognostications of yours.



"Personally, I think s2x will be the longest chain, because BTC hash rate will be inadequate to keep up."

BTC hash rate responds to economics.  Within the incentive structure designed by Satoshi, as tx fees pile up and compete "inadequate" hash rate is a self-correcting problem.


Users will use the chain with lower fees, where you can actually get a confirm before your beard turns white.  Core will suffer a massive difficulty bomb, and if 80% of the hash is on s2x, it will take 4x longer to get a confirm.  Also, there will be more xns in an s2x block, so miners are incentivized by the total fees, even when fees are only ~50% of the fees on core.

Bitcoin is working better than ever, according to the numbers published at https://dedi.jochen-hoenicke.de/queue/#all.

BTC fees are at or near zero; getting a confirmation is fast and easy (just as Core and I predicted would happen once segwit and tx batching gained sufficient adoption).

None of your panicky, breathless, baseless FUD about "muh massive difficulty bomb" and whatnot came to pass.  Nobody except Jihan and Roger's r/btc shills even care about Bcash and the other attack forks these days.  Such virtue signaling anti-Core outgroup castigation has proven irrelevant, just like your melodramatic maudlin pouting and weeping about "whether a settlements network can be salvaged from the ashes of the house Satoshi built and the core team burned down."  Do you really think Honey Badger gives a damn about that kind of hand-wringing fretfulness?  Grin

If s2x had actually activated, its network would have instantly imploded due to a critical bug left unmitigated due to poor testing.  But there never was even a single s2x block, so your "longest chain" prediction managed to fail on an impressively multi-ordinal (theoretical+empirical) basis of compounded self-propagating errors.  Cheesy

You are correct on one point though...."A blind, arthritic and demented standard bearer does not seem like a good thing to me."

That's precisely why you are hereby demoted from 'Sage of the Monero Speculation Thread' all the way down to 'Bitter Bigblocker BTFO By Blockstream.' Embarrassed
225  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 11, 2018, 10:10:47 PM
I bought monero because I liked monero. Unfortunately it refuses to do anything other than follow bitcoin around everywhere it goes like some sort of lost puppy. It's stupid and annoying but it is what it is. So anyway, the point being, it looks like its going to depend a lot on what bitcoin does. It might outperform bitcoin. We can hope it does of course. There are good reasons to expect that it will. But it doesn't look like its going to climb in value unless bitcoin does also. So you want to figure out how well monero is going to do in 2018? First figure out what you think bitcoin is going to do.

I almost wish bitcoin would die, even though the price of everything in the sector would crash, just so that everything could break free and we could have a dynamic and competitive market with internal relative price discovery. You know, so that the good projects  could actually be separated from the bad. So that the crypto sector could improve based on bad projects dying and good ones absorbing their capital. Instead we have an entire sector that moves togather in one direction or the other irrespective of whether the individual projects are actually garbage.

Frustrating.

Monero has for the last two years outperformed BTC to such an extent that it's now enjoying uber-bullish attempts to make the old 0.03 ceiling the new trading range floor.

You need to zoom out, stop day trading or whatever it is that causing to have such abominably high time preferences, and get a grip, because your frustration is entirely self-imposed and Bitcoin Obituary fantasies unseemly.

Bitcoin is the unstoppable icebreaker-like force clearing our path of immovable objects, so all other cryptocurrencies may follow in its wake.  When you moan about this "faster, please" stuff, it's biting the hand that feeds us.

The emergent global crypto-economy is one of the most dynamic and competitive ("perfect") markets that have ever existed, but here you are asking for even MOAR GAINZ RITE MEOW PLX, like an insatiable hungry ghost.

Stop fretting about the noise; focus on the signal.  Sit tight and be right.  Monero is poised to add another zero very Soon(tm).  Multi-sig, Coinbase, Kovri, Hardware Fluffywallet, etc. are right around the corner.  Then comes the institutional/retail investment on-ramp build-out, like when Grayscale creates a GXMR ETN. Cool
226  Other / Meta / Re: [List] Suspected users that are abusing merit 3.0 on: February 10, 2018, 09:25:12 PM
USER PROFILE : TaoOfSaatoshi
MERIT SUMMARY : https://bitcointalk.org/index.php?action=merit;u=353228
PROOF: https://i.imgur.com/NbwMrn5.png
MISCELLANEOUS:Tao is infamous for spamming the Dash thread, acting as a paid shill for that Instamined shitcoin's lavishly funded "Troll Patrol" and DashSpamNation initiatives (https://bitcointalk.org/index.php?topic=1453109.0).

227  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: February 09, 2018, 11:42:19 PM
Thought I'd share some of my Dash Price Speculation in the Dash [ANN] thread.

edit: I tweaked the Dash Price Speculation charts slightly
Yeah, i just noticed the (possible) reversal to longterm uptrend against Bitcoin Price Speculation on Dash Price Speculation 1wk charts myself.

Hopefully that Dash Price Speculation continues and we see Dash rising against Bitcoin again.


Yeah but a strong bitcoin would help Dash Price Speculation increasing very much as well.

To an outside investor it may seem like Dash Price Speculation has just fallen off a cliff but its really only because of the dump from Bitcoin Price Speculation, everyone in crypto knows Dash Price Speculation is solid and a first mover in several things.  Dash Price Speculation has done fairly well against Bitcoin Price Speculation though which imo is the most important thing.

THIS IS NOT A DASH PRICE SPECULATION THREAD.

IT IS AGAINST THE FORUM RULES TO MAKE PRICE SPECULATION POSTS IN THE SUB RESERVED FOR [ANN] THREADS.



Dash Price Speculation all depends how you look at things. Glass half full or half empty  Grin
Can it go lower yes it can, will it go back up? probably will go up, question is when and for how long.

This Dash Price Speculations are orchestrated by the people with high influences and sometimes are intended with higher purpose then just personal gain.


so true :-P

i really wanted to get into Dash Price Speculation but the value was always too strong.
I checked the Dash Price Speculation today and decided to wait a bit longer,
I am torn between this rise being a comeback for crypto and a Dash Price Speculation scenario.

THIS IS NOT A DASH PRICE SPECULATION THREAD.

IT IS AGAINST THE FORUM RULES TO MAKE PRICE SPECULATION POSTS IN THE SUB RESERVED FOR [ANN] THREADS.



Interesting Bitcoin Price Speculation:

Lets see if its a fake Bitcoin Price Speculation or a real one.

Update : fake Bitcoin Price Speculation it seems

I wonder where rock bottom will be for Bitcoin on this downtrend, i have a feeling we are about to find out.

[Bitcoin Price Speculation]

If the chart continues forming Dash Price Speculation as it has done since 2011, then  ~$2000 sometime in 2020. Could be plenty of big Dash Price Speculation in the downtrend however.

Bitcoin Price Speculation is 70% down from the last ATH, now either 16000 or 2000 Bitcoin Price Speculation posts per day.

do you think it will reach 16000 off-topic Bitcoin Price Speculation in the Dash [ANN] thread?

THIS IS NOT A BITCOIN PRICE SPECULATION THREAD.

IT IS AGAINST THE FORUM RULES TO MAKE PRICE SPECULATION POSTS IN THE SUB RESERVED FOR [ANN] THREADS.

Please use a Dash Price Speculation Thread, in the Price Speculation Sub, and keep this thread available for technical discussion.


qwizzie of all people should know the rules because he created and participated in a self-moderated Dash Price Speculation thread.

Since his pumping/shilling/cheerleading thread is now locked, here is one that is still open and UNMODERATED: https://bitcointalk.org/index.php?topic=1736249.0
228  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet on: February 03, 2018, 06:00:27 AM

For every delay I am selling maids. I am starting to wonder if I should just dump it all at once and be done with it.  Every update is another disappointment.

Well, I know someone who isn't going to win the Community Member of the Month competition!  Grin
229  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: February 03, 2018, 05:57:01 AM
It's still pretty much undervalued and i think DASH will be 2k-3k till end of year. Also i heard that Dash and other main coins will add to BitcoinWhite wallet

What happened to DASH man?  It got to $1k faster than ETH and now it's dropping faster than ETH. 

Dash's Evolution demo was supposed to be out over two years ago.  But it's now very late and there is absolutely nothing at all to show for the considerable resources wasted on it.

Meanwhile, Dash has no way to compete with the near-zero fees and nearly instant transaction times offered by Bitcoin's and Litecoin's Lightning Network functionality.

Instead of concentrating on successful development of innovative new features like RBF, segwit, Bech32, Schnorr signatures aggregation, and Bulletproofs (range proofs), Dash wasted its money and energy on stupid marketing stuff like sponsoring conspiracy theorists, cringey rap music videos, rain panchos, music fests, air shows, and Max Kaiser travelouges. Cheesy
230  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: February 03, 2018, 05:40:51 AM
Ben Swann Revives Crazy Paranoid Fake News with PaidShill Video Demonstrating Dash Scamvertising


Useless presstitute Ben Swann has resurrected his failed career, announcing the project’s return with an annoying shill video about Dash.  Disgraced talking head pundit Ben Swann was fired after promoting defamatory Pizzagate urban legends despite having no actual evidence.

If you want a five minute Cliff Notes version of a conspiracy with a bunch of holes and tons of leaps in logic, he's your guy.  There isn't any journalism or investigation involved, it is just information you could gather by spending 30 minutes reading reddit posts.  Digging up shitposts on 4chan makes him a great pseudojournalist.

A responsible reporter might actually try to get some answers to his ridiculous questions, unless he is just yet another Dash paidshill and knows he is spewing laughable half-baked disinformation.



 Roll Eyes

Is this your reddit account?  It smells like the same pile of spam.





Do you really think this paidshilling and spamming will improve the Dash project's terrible reputation?
231  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: February 01, 2018, 09:07:31 AM
Just a small overview of the network status.

We have ~50% MNs running on the latest version (0.12.2.3), good job everyone who updated! However, 12.5% are still running on 0.12.2.2 and 21.5%(!) are still on 0.12.2.1  Sad

Not to add any drama but 0.12.2.2 fixed pretty critical Corebleed vulnerability which could crash your node by a specifically crafted set of transactions. While we don't see any evidence of a preparation of such an attack on the network, there is really no reason risking and running 0.12.2.1. 0.12.2.3 also fixed few stability issues and an issue with MN behavior which could lead to a situation where your MN could be banned in some (very rare) edge cases, so it worth updating from 0.12.2.2 as well IMO. Note, that NO start from your local wallet is required for this kind of update, all you need is to stop the daemon, replace dashd/dash-cli with a newer version and start the daemon again. Doing so in a timely manner (< 3h), you will NOT lose your place in the payment queue.

Speaking of the payment queue though, there are 185 masternodes that are NOT being paid atm (probably due to some mis-configuration), see the list https://pastebin.com/SM1n12RR. If you can find your node in this list, make sure that both local wallet AND remote node are running on the latest software and start your masternode from your local wallet. Note, that starting your 0.12.2.x masternode using 0.12.1.x wallet will NOT work, you MUST have 0.12.2.x local wallet for "start" command to work properly with 0.12.2.x node. EDIT: also make sure that your node is in sync and hasn't forked off.

And finally, there are also 31 MNs still running on 0.12.1.x.... Not really sure what to say to these people, probably just WAKE UP!! Cheesy


Dash Core should have fixed this stuff months ago.  It's not fair to keep nagging and inconveniencing MNOs every time Dash devs fail to notice yet another bug that should have been squished before shipping 0.12.1.

Bitcoin Core does a much better job of shipping very thoroughly tested, fairly bulletproof releases, and unlike Dash they don't even have to cannibalize PoW mining rewards to bribe full node operators with staking rewards.

It's pretty funny Masternodes all get paid the same, whether or not they upgrade in a timely manner or bother to vote on proposals.  Guess you have to keep the Ponzi growing no matter what.

Is Dash Core going to have a point release for every bug they fix?  Because there are 100s of bug fixes between Dash's ancient Bitcoin copypasta and the latest version of Bitcoin Core.

It's too bad Dash Core can't simply rebase to the latest Bitcoin code because they foolishly insist on not having RBF, segwit, Bech32, etc. but lack the technical skill needed to remove those modern features.
232  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: January 30, 2018, 05:10:45 AM
Masternode-funded DashForceNews Now Shilling For Competing Coin Denarius


Betrayed Dash Community Cries Foul As Their PaidShill Marketing-Pretending-To-Be-News Service Promotes Superior Denarius PoW/PoS Hyrbid

TDenarius (DNR) is a cryptocurrency that is only six months old and is looking to compete among the larger cryptos vying to become coins used for payment networks. Denarius features a new proof-of-work algorith called Tribus that is currently ASIC resistant developed by Carsen Klock, a 25 year old blockhain developer who has had experience working as a Dash coder. Denarius is also a proof-of-stake hybrid and is currently considering adding masternodes of 5,000 DNR each.


233  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: January 28, 2018, 06:35:45 AM
Gentlemen, when will Roger Ver begin again his dishonest game and begin pumping bitcoin cash to new records? I noticed that earlier the cost of this coin changed against the market, but now bitcoin cache has fallen already to the mark of 1600 dollars ... And the turnover is falling, the picture looks sad. Angry

I hope Bcash Jesus does pump his alt again.

I'm still waiting to begin dumping my Bcash airdroppings when they reach parity with Bitcoin.

Come on Roger, you little BCH, hurry up and swallow my poison pills.... Cool

https://en.wikipedia.org/wiki/Shareholder_rights_plan

"A shareholder rights plan, colloquially known as a "poison pill", is a type of defensive tactic used by a corporation's board of directors against a takeover. Typically, such a plan gives shareholders the right to buy more shares at a discount if one shareholder buys a certain percentage or more of the company's shares."
234  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: January 28, 2018, 06:28:24 AM

NEM's goal was never to be a privacy fungible coin.


Fixed it for you.

Congratulations to NEM for achieving its goal of never being fungible.
235  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 27, 2018, 08:06:58 PM

Why does reading this thread today make me think of Hannah Arendt at the Eichmann trial?

I mean, if Eichman would have also been boastful and a goldbug, in addition to being an anti-semitic psychopath.

That's some superb virtue signaling you did there.  Abe Foxman couldn't have done a better job.

So are you a super cuckold or part of the monkey tribes entering my civilization to take/ruin our nice things and our beautiful women?
236  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: January 27, 2018, 07:53:21 PM
To the people worried about fungibility, they need to remember that this blacklist via tagging is not centrally enforceable. It is an opt-in tool that exchanges can use to avoid stolen XEM at THEIR discretion.

If coins may be blacklisted, they are not fungible.   It has nothing to do with centralization, opt-in, or discretion.

There mere fact it is possible for anyone to blacklist coins proves the coins are not fungible.

Truly fungible coins cannot be blacklisted.  Look into the Monero literature for more details.

The ignorance displayed in your post is beyond believe. Let me try to clear this up for anyone that is about to believe this.

What they are doing is not actually blacklisting funds. They are writing a service that will automatically send a mosaic, which is what nem's on_chain assets are called, to every account that receives funds from the hacker. All that does is mark the account for other people so THEY can decide whether or not to accept those funds. It's basically like me saying I won't accept iCREBEAKERSs shitty monero because he's spreading FUD. That is my right and it has nothing to do with central authority.
All they are doing is helping others identify hacked funds, that's it. It is up to everyone to decide whether or not to accept them.
They are also not using any central authority to issue said mosaics. Anyone could write a similar service and do the exact same thing and it would again, be up to everyone to accept or not accept those funds.

So go spread your FUD somewhere else.

I'd love to see you try to blacklist my "shitty monero" or mark my accounts.  Grin

The fact is you can't.  Not even fluffypony (the git repo maintainer) has the power to do that, hence Monero is truly fungible.

You need to learn about stealth and sub addresses, ring signatures, and Confidential Transactions.

Stop blathering about "muh automatic mosaics" as if anyone cares about that try-hard me-too Layer One bloatware.

This isn't your NEM forum safe space.  Your nonsense won't survive Bitcoinntalk, which is the crucible that burns impurities like the NEM scam to ash and carbon, leaving only the gold behind.
237  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: January 27, 2018, 08:41:46 AM
To the people worried about fungibility, they need to remember that this blacklist via tagging is not centrally enforceable. It is an opt-in tool that exchanges can use to avoid stolen XEM at THEIR discretion.

If coins may be blacklisted, they are not fungible.   It has nothing to do with centralization, opt-in, or discretion.

There mere fact it is possible for anyone to blacklist coins proves the coins are not fungible.

Truly fungible coins cannot be blacklisted.  Look into the Monero literature for more details.
238  Other / Meta / Re: Merit & new rank requirements on: January 27, 2018, 08:31:17 AM
For what I can read here, the only members happy about the new rules are Legendaries.

For what I can read here, the only members unhappy about the new rules are account-farming spammers.


See how that works?
239  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: January 27, 2018, 06:48:58 AM
We might never know exactly what did lead to the loss of the coins from CC.

I know fungibility is one of the key facts in Crypto. But what are the actions right now ?

Sure the foundation could just do nothing and let the markets collapse when the hacker is selling, but how would that help anyone involved.

In a true decentralized way, there is no possibilty to just hardfork and move on like ETH did.

How I get it is, that the devs try to flag the accounts and make it at least harder to sell the stolen coins. They can just help sending those mosaics, but anyone could develop such a tool and send mosaics. Whether it helps the exchanges in the longrun is not in the hands of the foundation. But that´s a good thing. They can´t "solve" this issue, but doing their best.

I would love to hear your solution/way to do it better

The best (re)action "right now" is doing nothing.

Don't try to "help."  That is counterproductive.

Those who formerly had NEM on a vulnerable exchange deserve to lose their coins.  They are by definition weak hands for letting someone take their coins.

Helping them with convoluted, unworkable tainting nonsense only encourages them to make the same mistake again.

They need tough love so they learn a lesson, not indulgence so they learn to depend on bailouts.

The best thing is for the stolen coins to be redistributed into stronger hands.  The attacker has already taken the first step by helping himself to the weaklings' coins.

The next step is to sell them off and hope NEM is antifragile enough to survive and emerge stronger from the harsh lessons in security and fungibility.

The hacker or whatever must be rewarded for finding the vulnerability, or it will discourage others from pen-testing.  The mechanism for that to happen is for those with empty bags to pay the hacker to refill them.  The re-buyers will thus have more skin in the game and not be so greedy and careless in the future.  That goes for the exchange as well as its customers.

NEM devs and community must also work on making their coin fungible and their network permissionless and decentralized.

But they don't want to do that.  Every architectural and organizational governance design decision shows NEM is fully intended to be the vanity project of one Satoshi-wannabe guy.

If Bitcoin can recover from dozens of MtGoxes and be stronger than ever WTF is NEM's excuse for treating its users like little babies who must be mollycoddled and protected from the consequences of their poor decisions?

Look to Bitcoin's history for an example of leaderless governance and antifragility to emulate.  Look to Monero for an example of 100% fungible (IE cannot be tainted) coins moving through a permissionless (IE can't be evil) network.

A little harsh, no? But your logic is damned sound. Harsh truths for a HODLer of my scale.

I’d like to see gentlemand’s response to this.

I do agree that the NEM team congratulating themselves on this is a bit ridiculous. But equally it isn’t their fault and they’re just trying to help. Remember that NEM is far more commercial a project than BTC and accordingly will have more sympathy and centralized governance you rail against.

What do others here think?

I just don't like the idea of not having compassion for those who lost their Nems. People will make human mistakes, especially when everything seems to be going good. It's not easy to lose money. But forget about crypto, the tone was like saying, "He was walking, got distracted because he noticed a full moon, a criminal saw his distraction, tripped him, landed face first and broke his face and got his wallet stolen. That's good for him for not paying attention, let the stronger one, the criminal that noticed his distraction have the money. He deserves it more."


What ideas you like or don't like have zero bearing on the facts of the matter.

Nobody denied that "people will make human mistakes."  The debate is about the best way to go forward given that completely obvious and undisputed fact.

Your cherry-picked analogy is idiotic.  Buying NEM because you are a greedy moonchild and choosing to keep it on an exchange is nothing like walking and being distracted.

Please try to stick to the actual highly technical subject matter instead of retreating into lazy, derpy generalizations and obviously misleading, self-pitying, irrelevant nonsense about victimology.

The topic of this thread is NEM and the reported hack of an exchange.  If you cannot participate in that discussion in a meaningful way, shut the hell up and listen to the adults talk.

Better yet, go read some Nassim Taleb and come back when you are ready to accept responsibility for your regrettable decisions instead of demanding bailouts and sympathy.

Your fragile little emotions are not important.  Nobody cares how you feel, especially when you mewl for "compassion" like a goddamn infant.  This is crypto, not day care.  Grow up and learn to function in the harsh realities of the real world.  Or perish.  Bitcoin doesn't care one way or the other, and neither do I.
240  Other / Meta / Re: Merit & new rank requirements on: January 27, 2018, 01:53:02 AM
I've said before it's harsh for Hero members with over 775 activity to get only 500 merits, and your case is the worst I think!

What about Legendary members who now have the same Merit as those who have 1,000+ less activity than they do?   Wink

The system is not perfect, but nothing stops Theymos from tweaking it later.

The Merit system reifyies and institutionalizes Legendary power structures!  Angry

Legendary members with more activity must have their privilege checked, because meritocracy is a racist tool of white supremacist ideology.

Source: https://www.campusreform.org/?ID=9874


Cry Cry If there were an alternative most of us would be gone already probably. At present however Bitcointalk has a monopoly position. And the crypto scene shouldn't belong to only a few, but to all of us. Cry Cry

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