Too bad Guo can't do shit against a real network like Bitcoin. On the contrary if NXT whales congregate and decide to conspire about something they can pull it off.

Listen I understand you are holding NXT, but PoS is shit compared to PoW, it is what it is. You can still dump all your alts and join the winning (Bitcoin) team.

I know it didn't happen but the fact that it was even proposed is already a disaster. And lol at community, a couple of whales did. And nodes matter, they ultimately validate transactions and dictate what software is being run.

You need to understand how it works before FUDding about PoW and how PoS is so great, watch the videos.

Indeed, this is why we in Bitcoin should avoid hard forks at all costs, this is going to be interesting to see from the sidelines. Those idiots thought they could kill the "other chain" quick and seems like now solid developers are going to continue the project and there is huge volume in Poloniex forming for ETC. Looks like we will have 2 surviving Ethereums for a while.

True, as long as speculation and decent volume to allow for it keeps going, a coin will "survive", but surviving is not enough. It seems like Bitcoin will remain the only serious and solid coin, and ETH will go down the path of being an absolute clusterfuck.

This is not the case if the network (nodes) are decentralized. This is why it's important to keep supporting Core and not bigger block crap that will centralize the nodes and give all power to datacenter node companies and mining companies (that will eventually become the same thing if big block retards were in charge).

https://www.youtube.com/watch?v=ncPyMUfNyVM


More in detail.

https://www.youtube.com/watch?v=KwjyRAuw6zQ

As we have seen before, PoS can be a total catastrophe. Few holders can decide to rollback and shit like that. Remember NXT? yeah.

PoW is still the most solid way to go about things, objectively speaking.

So ETH finally hard forked because holders were mad after being ridiculed by a clever guy that took advantage of a poorly coded smart contract. Notice that he did not tweak any code, he used existing code.

So not only did Vitalik try to froze all tradings to try to stop people from panic selling as everyone was fearing a big dump by the "hacker", but they finally did a rollback (this is basically what it is) to not suffer the loss of coins that they deserve for doing a terribly bad job with the smart contract thing.

And now, we have 2 freaking coins in Poloniex, ETH and ETC. As we see, when a hardfork happens the other coin doesn't "quickly disappear". ETC has huge volume in Poloniex.

So the following questions arise:


1) How much money does need to be stolen from a smart contract for a hard fork to happen again?
2) Do smart contracts even exist when now the precedent of a hard fork over a smart contract has happened?
3) Decentralized smart contracts should follow code to the end without no human intervention ever being taken. This means the "hacker" should have kept the coins, but the smart contract was not smart and was not decentralized as we can see now. What's the fucking point then, in any case?

The best way that bitcoin as affected my life is knowledge, now im very knowledgeable on the scam that is the stock market since its all manipulated with high volume trading bots, and I have learned that the only way to get rich is to get early in stuff and sell at the peak. Unfortunately I didn't buy early enough so now im fucked and I have to wait like 10 years for the slow rise of Bitcoin to 100k+. Unless I luck out with some other crypto or stock I don't see any other realistic way to get rich.

From regularly buying and saving and very infrequently doing some altcoin tradings, but most of it is simply bought in small quantities monthly. Signature campaign helps but it's a small bonus compared to real buying.

I have been asked about what Bitcoin is before by some in real life people and I always failed to properly explain them the point of Bitcoin. Unfortunately its very difficult to explain people concepts such as decentralization and consensus algorithms.

I would simply save mos to them since you never know for how long a signature campaign is going to be operative,and as time goes on and the price of Bitcoin goes up the signature campaigns tend to unfortunately lower the BTC they give you so overtime it will be more difficult to make more BTC with them.

I think Holm will win. I don't get how she lost to Tate. Tate is good but not on the level of Holm or Rousey. I think Holm will dominate the UFC female fights if she starts being consistent. I don't think Rousey will ever come back and if she comes back she will be too anxious due his trauma of losing his perfect record.

Yes it would be a fantastic combination, but unfortunately, like someone else has pointed out, it is extremely unlikely that Nintendo will do that, not unless Bitcoin is insanely mainstream, right now is too early.

Someone could develop a game where you find bitcoins instead of pokemons.

I am not an expect in steganography but from common sense I am amusing that there is a way bigger risk that if you print it and save it physically like a paper wallet, it's way easier for the key to corrupt and not be able to read it back because of way too many colors and stuff on the game. Like the image can deteriorate physically (from the paper rotting over time and so on) and then the device trying to scan it will have a hard time guessing the key.

On the contrary with a classic normal QR code it's way simpler there fore easier for the device to scan it.

I would say it's not a bad idea to always mix coins before putting your coins into a centralized service. There are lot of mixers but as far as I know one of the best if not the best mixer possible is Helix, ideally you access it with tor through their onion hidden service. You enable random transactions and delay and then you get untraceable bitcoins back. Use those to gamble and pay for stuff.
Of course with shit like Coinbase you never know, they may find out that the coins you got back from the mixer were used by some criminal activity and now you are fucked... but as far as I know Helix gives you clean coins that got recently mined so that wouldn't be a risk.

Anyway, just avoid services like Coinbase with an history of trying to trace people's bitcoins records which is stupid since we don't have control over were the bitcoins we have came from.

Maybe in the future its a real possibility once lightning network is finally working, so we could process all the millions of transactions needed daily. It would be cool but for now we should aim at being able to buy stuff with BTC (not in game but buying the pokecoins with BTC)

I would be already buying a lot of a supposed real competitor against Bitcoin, but guess what, bitcoin has just no competition, and seeing how things are going, I doubt Bitcoin is ever going to have any competition unless someone comes up with something as mindblowing itself, but that only happens every hundreds of years, so we are safe. Just keep buying and holding Bitcoin, we are on the winning team.

Lmao true. This guy lives here to shitpost about blockstream and core devs, and also to give us a lesson in how to scale decentralized networks. If only he spent all that time actually coding instead of talking about it, maybe he would have any relevance, but he doesn't that's why Core devs are the best and keep doing all the hard work while slackers complain.

Really? What crime has Trump commited that is at least compared to the Hillary Clinton email scandal? I mean this can't get any more relevant when it comes to running for presidency, yet they seem to not talk about it.

Trump is an opportunist billionaire that just wants the fame and status that being a POTUS gives you for life and pretty much for your family forever, but he is a man of his own, he is his own boss.. the Clintons run under Wall Street's agenda.

I have no idea about Steem but I have seen so many people pumping it lately that I being to be a little bit worried about it. This does not mean that you cannot make money on it tho, a pump is a pump, it doesn't matter what the thing being pumped is, all that matters is that at the end of the day you end up with more bitcoins than you started with.

It's not dead since there's still action going on. As long as trades happen and software updates happen from time to time, it's hard to consider a coin dead. OF course all those delusional idiots expecting 1 dollar per Doge or something didn't learn the lesson: All coins are dead compared to Bitcoin.