Who likes my BTC keyring  Only cheap from Amazon, I think it’s cool any way   impressive in many ways I’m out of sMerit but awesome watch man! I guess. What time is it? How do you read it? Ain't got no hands! |
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Or "He ... still actually has a bunch of mining capacity hidden away somewhere."
Oh. Would you look at that. Turns out that he did. You don’t like theymos much, do you? LOL Relevance? Never met theymos, so I don't have any basis upon which to like or dislike him or her. I was just pointing out that theymos' blanket statement was erroneous. Anyone can control bitcoin if they have enough money and the desire to do it. But who is stupid enough and has that much money to throw away? hash power=money.
In my experience, stupid people rarely amass much money. Lacking knowledge of the contrary, I would venture to speculate that an incidence of a stupid person amassing enough money to steer a $100B market is unprecedented. |
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I think you are way past cracked out. I like Monero as well. But I have no delusions of it being anything near closer to satoshi's vision. Make the case for me?
It's hard to have "digital cash" without fungibility. So if I can read between the lines, you are claiming that the fact that bitcoin is merely pseudonymous makes it absolutely non-fungible, and thereby absolutely useless as digital cash? Yes, mostly useless. What do you think? I think bitcoin has already proven itself to be useful as cash. |
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I blame Bcash
Umm... Ooohkaaay.... You blame Bcash for what? The present state of the crypto markets . But I thought that you thought that Bitcoin Cash was an irrelevancy? At some future date, Bitcoin Cash will be the preponderance of the crypto markets. |
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So all of this crash was because 2 guys and some more are fighting on twitter over hash power? Ridiculous market.
This is crypto. Hash power is The Power. "They vote with their CPU power, expressing their acceptance of valid blocks by working on extending them and rejecting invalid blocks by refusing to work on them. Any needed rules and incentives can be enforced with this consensus mechanism." - SN, Bitcoin: A Peer-to-Peer Electronic Cash SystemSo much for decentralization. Ah, yes. 'Decentralization'. A means to an end that many have confused with the ultimate end. And a term that appears exactly zero times in aforementioned white paper. |
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Whatever they do the exchanges will still call it Bcash ABC or whatever. They might think they're ditching the bcash name, but they're stuck with it.
Haha. You funny guy. None of the exchanges that matter call Bitcoin Cash 'BCash'. What makes you think they'll start now? Proof of Social Media? I know yobit calls it Bitcoin Cash, but exchanges that matter like cryptopia call it BCash. Haha. cryptopia. You funny guy. |
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Or "He ... still actually has a bunch of mining capacity hidden away somewhere."
Oh. Would you look at that. Turns out that he did. |
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I think you are way past cracked out. I like Monero as well. But I have no delusions of it being anything near closer to satoshi's vision. Make the case for me?
It's hard to have "digital cash" without fungibility. So if I can read between the lines, you are claiming that the fact that bitcoin is merely pseudonymous makes it absolutely non-fungible, and thereby absolutely useless as digital cash? |
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I blame Bcash
Umm... Ooohkaaay.... You blame Bcash for what? |
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So all of this crash was because 2 guys and some more are fighting on twitter over hash power? Ridiculous market.
This is crypto. Hash power is The Power. "They vote with their CPU power, expressing their acceptance of valid blocks by working on extending them and rejecting invalid blocks by refusing to work on them. Any needed rules and incentives can be enforced with this consensus mechanism." - SN, Bitcoin: A Peer-to-Peer Electronic Cash System |
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Whatever they do the exchanges will still call it Bcash ABC or whatever. They might think they're ditching the bcash name, but they're stuck with it.
Haha. You funny guy. None of the exchanges that matter call Bitcoin Cash 'BCash'. What makes you think they'll start now? Proof of Social Media? |
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Jihan is reported to have said a few hours ago regarding the BCH fork, "I have no intention to start a hash war with CSW, because if I do (by relocating hash power from btc mining to bch mining), btc price will dump below yearly support; it may even breach $5000. But since CSW is relentless, I am all in to fight till death!"
Hmm. Fascinating. Indeed. Who could have ever seen this coming? link? Thanks keep up  I usually seem to be able to. Today is as drinking from a fire hose. |
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So you back the SV camp?
I have a slight preference for the SV branch of the fork, this is true. Emergent consensus on the block size, restore the original opcodes, eliminate churn of pie in the sky, dev driven, so-called 'innovation' with no proven value (more properly, 'lets throw it against the wall, and see if it sticks'). Check. I could have lived with the ABC fork, probably. At least it would be free of The SegWit Omnibus Changeset trojan. But what with 'benevolent dictator' calling for preparing an emergency PoW change... just no fucking way. Personally I think Monero is much closer to "Saatoshi's Vision" than anything CW has anything to do with...
I think you are way past cracked out. I like Monero as well. But I have no delusions of it being anything near closer to satoshi's vision. Make the case for me? |
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Yup. BCH, in the form of SV, is midway through demonstrating that:
- so-called 'nodes' don't matter
- miners decide, restrained only by the threat of users abandoning the chain
- forks can be just an upgrade mechanism - decisively, if backed by hash
- the most proof of work chain matters
But what doesn't seem to matter is actual user adoption, merchant adoption, investor interest, anyone really giving a shit, etc. Sez you. The SV team says different. They have a realistic plan for widescale adoption. Meanwhile, Core is drinking 'chamapaign' at $50 tx fees. |
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What the fuck is this?
People converting BTC into BCH so they can claim free shit fork coins tomorrow?
Doesn't appear to be the case. True, BTC is down. But BCH is down more ATM. BTC/SV, however, is up considerably. The market is actually betting that CW is Satoshi, basically. Not me. I'm betting on the demonstrated hash power that SV has amassed. Why so many ignored such an obvious signal is beyond me. More grist for the 'most people are basically irrational' mill. Why you think this is dependent upon CSV being Satoshi is a mystery. |
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I believe we've now reached yearly lows. Congrats. Bull market starts tomorrow.  I like the cut of your jib. |
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I know you’re heavily involved in BCH so I’m sure you’re not bothered by this?
Well, in USD terms, I hold more BTC than BCH. So this setback is unfortunate. But I see either of two scenarios as potentially plausible going forward: - Brief temporary setback for BTC, recovering quickly. Or at least by post-halvening. - The Flippening. Or progress on that scale. At least in terms of closer to BTC:BCH parity. Which would be a massive win for me. Either way, satoshi's grand contribution carries believers into a prosperous future. Buck up, buttercup. Shades shall be warranted. |
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lol i didn't post that theymos fud earlier
And this is the thanks I get. ::sniff:: |
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Jihan is reported to have said a few hours ago regarding the BCH fork, "I have no intention to start a hash war with CSW, because if I do (by relocating hash power from btc mining to bch mining), btc price will dump below yearly support; it may even breach $5000. But since CSW is relentless, I am all in to fight till death!"
Hmm. Fascinating. Indeed. Who could have ever seen this coming? link? |
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bCashers in full panic mode, going to drink a cup of tea on that. (I don't drink booze) The real shitcoin flippening.   Yup. BCH, in the form of SV, is midway through demonstrating that: - so-called 'nodes' don't matter - miners decide, restrained only by the threat of users abandoning the chain - forks can be just an upgrade mechanism - decisively, if backed by hash - the most proof of work chain matters No panic here. Cheers! |
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