I believe the link to the text you are quoting is missing or maybe you just meant to give the TLDR.
Anyways, Isn't this an old argument?? FIAT is real and Bitcoin is "virtual". Fiat has government support and bitcoin only has a community.

The monopoly that governments have with manipulating fiat and its movement is the source of this whole entitled structure of bureaucracies and enormous banks. I need fiat to do anything even if the hard work, innovation and the risk is completely mine. The government decides when and how much to tax it. There is no way for the common people to ask questions about how rationalized the government's cut or the "tax" is.
The problem is many folds in countries with weaker institutions and low awareness among the people. And when the government and banks screw up, the normal people can only watch their savings go down the drain while there's austerity measures and what not. This is why the backing of bitcoin is the awareness of its community. We have to say no to paying the cost for the constant fuck-ups of governments and banks.

Why should Zimbabweans suffer is their government and central bank cannot manage inflation?? They should have the freedom to have some savings in a form which is untouchable by the government and with which they can rebuild a life if they want.

If more and more people wake up to this and decide to use bitcoin as a hedge against their banks and governement's inevitable screw-ups, then the backbone of bitcoin is going to be much stronger than that from an army. Even Kim Jong-Un has an army..LOL!

You guys are discussing only about the trading of bitcoin.
You are completely ignoring the value that it derives from being used for (edit) buying other cryptos, having the most underlying infrastructure and having the most information and support out there for anyone who seriously wants to explore crypto.

The underlying value it derives from driving the crowdfunding requirements of so many startups and future companies is also being largely ignored.
Thats what gives it value and not just the people buying in for trading purposes or for getting rich quickly.

That is the greater fool theory. That is the case when people are trading without knowing the intrinsic value of something.

If the ability to own an innovation that allows you to make financial transactions free from third-party control and disturbances is not worthwhile to you, you should probably not invest in bitcoin.
If you think that bitcoin has the ability to make our society more open, our banks more compliant and wealth distribution better, then you are welcome to inform yourself about it and invest what you can afford to lose.

Bitcoin is the only crytpocurrency with this level of underlying infrastructure, tested under extreme conditions already and a huge community of adopters and developers. None of the others have even approached the scale of usage. Bitcoin has been there, done that.
As crytpo gains momentum, bitcoin will lead the charge. That is its intrinsic value and you should try to increase your holdings without risking your economic well-being.
We are at the cusp of great changes and its your responsibility to inform yourself and make an educated decision. In the greater fool theory, its the foolish who lose.

If you are calling it a Bitcoin war then We would probably will lose as miserably as we did in 1962. China is a blockchain and bitcoin heavyweight. The best ASIC miners are made by a Chinese company. It has some of the biggest and most influential mining pools.

Its way ahead in terms of the technical expertise with China based developers. For  India and Indians, on the other hand, this is just another opportunity to get hold of some trickling down dollars like always.
There are no big players and no concerted effort that we know of in terms of development and general acceptance. People who do know about it choose to spam and scam others. The likes of Amit Bahrdwaj with his MLM schemes and Indians buying into Ripple and BCash because they think its cheap and will get them the next max returns.

Like in everything else, we have no developed ideology nor dissemnination as to what decentralization and economic effects of bitcoin are. We are only in it for the money due to enormous joblessness and I suppose its much better than selling pakodas as suggested by our Prime Minister. LOL..

Like in every other aspect of our society, we have NO IDEOLOGY whatsoever. There is nothing that we believe in. We are in it just for our personal survival and prosperity.
Those are the hard facts as I see it. I would love to be proven wrong by some warm-blooded Indian alpha male developer. But of course, the chances of those are as miniuscle as for the Starman to land onto Mars. (In fact, chances of the starman landing are probably more).

2. Investment in Solar Energy: Lets not even get started on this. We don't have the fab facilities to manufacture chips on a large scale. We import them from China and assemble them here to call it Made in India. Then we'll make huge outlays in form of government grants to establish Solar panels. The funds will move to state level bodies and the highest expense will be done on the Civil and Mechanical installation works. Govt officials in-charge of the projects will laugh away with millions in their accounts as has happened since independence with the Electricity, Irrigation, Food Chain storage, Health and Education projects.

Don't ever again try to compare India with China. India has had some notable achievements but we should really try to avoid trying to punch above our weight. I can always feel the Chinese poltiburo officials laughing when Indians compare Mumbai with Shanghai and China with India.
If we are not vigilant enough and don't stop focusing on the internal strife created by the ruling class(Hindu-Muslim, Brahman-Dalit, Kashmir-Babri), we'll soon be circled up by China and left behind. This demographic dividend will become the biggest nightmare. We all need to remove the focus from these divisive issues and start asking the government real questions rather than blindly supporting this demagoguery.

Okay this is a pretty bad issue. The solution is probably as stupid as it could be. I have no idea why it doesn't work or does when it does.
I cannot tell you if this will work for you or not.  What I can tell you is the archaic combination of steps thats supposed to magically solve this problem.

So first of all you boot without any of the cards attached and then erase the drivers completely. (There's a Driver removal  tool for that)
Next you install the blockchain drivers.
Now you get all your cards to detect one by one on the same primary slot. You would obviously have to shut down it 4 times. The point is to get them all to be detected at least once, one at a time.

Once that is done. You boot with just one card in the first slot. See in Device manager if its detected.
Shut down and add the second card to your second slot
Reboot and Device Manager should show the second card.
Shut down and add the third one to the third slot..
Reboot and Repeat for the 4th card. All cards should now get detected (hopefully).

Read the manual for motherboard available on the website to be sure that All 4 PCIE slots are free.
If you are using a single PSU, Distribute the power connectors as equally as possible between different 12V rails.
You can try these steps without Gen 2 and Mining mode initially.

These are just a few of the stupid sounding magic ingredients. Hope this helps

PS: This topic should be in the Altcoin mining section and not Bitcoin Technical section. Move it there.

You are right to point out that they don't want to buy up all the bitcoin but rather to co-opt this new source of interest for the common population. They like nothing better than a new carrot to dangle for which the masses will work their asses off, just to acquire some of it. T

Its the people who need to realize that the endgame with crypto-currencies isn't about buying some banker coin. Its about owning a method of transacting value which is running on a decentralized network like bitcoin.


They may use ripple. The new investors may even profit from it. But when it comes to banks, they won't be sharing their profits with the common people. Ripple is going to be dead in the water and their isn't going to be any incentive for holding it.


That is my hope too. The people who want to trade or exchange services using crypto should be left alone. If more people want to adopt crypto for borderless transactions then it should be left at that. But its impractical for most governments as they will see it as a sort of attack on their hegemony or call it a parallel economy. Its a tough situation and they will probably tax the hell out of it. Despite that, I can see a future possibility when nations accepting of crypto --> deflationary reserve currencies --> Better Banking practices would adopt them and the regressive ones will alienate the segment of people who believe in it.

I have read the emails and whitepaper. Lets keep that settled.
The vision i talked about is the difference between the visions of BCash and BTC. Not Satoshi's vision per se. Maybe you should argue on that without bringing Satoshi into it.

Of course he wanted miners to run full nodes. He assumed that anybody with a CPU and willing enough would be able to mine. 1 CPU=1 Vote right?? That would have been correct on his part if it was possible for everyone to be a miner and run a full node.

In reality, being a miner now needs specialized ASICs with thousands in investment(which he did not envision). When he said that users would use SPV wallets, he meant that for a scale where everyone and even the most non-tech people would be the users. Of course, they wouldn't run nodes.
The nodes would still need to be run by a vigilant community of technologists and hobbyists. Mining was taken away by ASICs and now Full nodes too go away in Bcash vision with a higher block size. (without the underlying improvements)

So now you want to believe a report from the "Government" because, of course, they would never do anything to undermine something that threatens their existing financial structure.
If there is one entity that doesn't want Bitcoin/BTC to move ahead is the government. Supporting something like Bcash is a very easy way to do that.

So what argument do they give to prove that Bitcoin core client that does not support BCash is not the product of the original repository anymore.

You want to believe an article and a government report, fine. But at least think who benefits from it. Maybe then you can see the motivation someone would have to call BCash as the original coin. The Altcoin that only has a small minority of original supporters and which will be much more pliant to them than a rebellious majority that maintains the original BTC/ Bitcoin repository.

They give the argument about SegWit in the article. SegWit is a consensus driven soft-fork that is supported by the core client. The blocksize increase in BCash makes it invalid on all BTC nodes and that why its BCash which is a fork. I can see why the newcomers would lean more toward supporting Bcash. Lower price, Chance of growth, Payouts in tippr bots for praising and a generally more newbie driven community because they want a bigger army of small soldiers on the ground.

Such report only make it clear the conceited belligerence of banks and governments towards BTC. BTC takes away the status quo from them. That is what they fear and that is what marketers like Roger Ver weaken with their confusing shilling about being the real bitcoin. If you want to be their lower guard, you are welcome.

I'd suggest, keep your BCash all you want,. Trade it, Spend it, but don't direct unnecessary FUD towards bitcoin because that way the actual winner is going to be someone else.

Fine! I'll research. But its not interesting enough,

I first want to hear the conspiracy theory give me some background as to why scientists and textbooks everywhere would like us to believe that the earth is round and not flat??

Umm. It won't be an understatement if the known laws are the only ones we can observe and experience in the present form. For example, Does a duck know that there's a Newton's law. Surely it applies to her but she has no knowledge of it nor the capability to use it to her advantage.

We go inside matter and we get lost in more particles and more fields. We look upto the sky and there is no limit as to what can be observed and yet, we don't know what to make of that knowledge. What I mean is that we are essentially ducks as of now. We would really need to evolve ourselves to be able to observe or understand the higher phenomena.

Right. We would need to evolve as a species. FTL communication and matter getting transported as information is a possibility.


That PCB chip was fucking cool man..!

If indeed such a civilization exists within say 30 Light years, they would be looking out for anomalies. Anomalies like a strange non-planetary object circling around the major Solar systems. Like The Starman. We could be in for a major surprise soon enough if they notice the Tesla.

But if there was such a civilization, wouldn't they have contacted us by now? Its just that the time-frame to develop such a technology should be small enough for those beings to remember their history. They surely must be aware of the archaic forms of communication (waves in this case) to be able to talk to the lesser civilizations like ours.
The fact that we haven't heard from anybody despite around 30 years of SETI means they are nowhere within those 30 Light years. Even if they are, they aren't very ahead of us in technology.

You are ranked as a member at the forum and you are touting "Low cost, Fast transaction" etc. as some sort of advantage. The only reason on-chain transaction on Bcash are fast as of now is that the amount of transactions simply hasn't approached the level of bitcoin.
I took screenshots of the BTC and BCash blocks in this post sometime back. See for yourself.

Their so called development mostly involves marketing and cooking up foundations run by a small group of people. It is nowhere near the approach that the core developers had towards the bitcoin development through all these years.

The reality is that BCash is simply another Altcoin. What you should understand is that you don't have to become a BCash shill and "choose" between BTC and BCash. Keep your Bcash all you want but don't forget that Bitcoin is the original. If an alt starts promoting itself as the original then its just clever marketing and media against the community.
If you feel so inclined then you can read here my reasons why I choose Bitcoin and not BCash.

BCash was just one of the many breaks from original. It just changed a basic parameter, that is the maximum block size. It was a hard-fork from the original chain as none of the nodes running the original bitcoin client (maintained in the original bitcoin repository) would support it.

They have a vision that involves specialized mining hardware running people with enough data storage and upgrade capabilities to maintain a full node that would result from an increased block size. They see users as running the SPV wallet while miners maintain the network as well as full node.

The real/ original Bitcoin (call it Bitcoin core if you like) vision is to always keep it possible for anybody willing to give the time to be able to run a full node with hardware investment not being an entry barrier.

Why is a full node important? Well, A full node is what validates the chain and transactions. It follows the consensus rules agreed by community of merchants and users running full nodes. If only miners/ businesses run full nodes, there is nothing stopping them from changing the rules to their own advantage.

These "reports" that you read are the same people that want you to believe what they tell you to. Go beyond the media/ marketing and judge for yourself.
 

The upper speed of light and hence travel for all matter in the forms currently accessible to us means we simply cannot travel to or even observe the expanses of universe. Like Vod said, its sobering and completely disappointing to realize that. But we don't want that right.

We want a scenario where these travels and observations are possible. That leaves one possibility. We as a civilization will need to to exist in a different form. A form where the laws of this "present matter" world don't apply. It becomes almost metaphysical and goes into the realm of spirituality but the more i think of it, the more i am convinced that there needs to be higher "planes of existence" where these physical laws that limit us to "speed of light" won't apply.

Like Dr. Manhattan from the Watchmen..

Given that there is a possibility to move to such a plane of existence, any civilization would probably need to exist for millions of years before thats possible. Its clear that we cannot exist on planet earth for millions of years. But maybe if we branch out and terraform enough planetary bodies, we can hope to survive long enough and become the super sentient beings that would be capable of Inter-galactic travel. So Elon is the first pioneer of this endeavour and Mars would be our first stop on this long road.

This all sounds completely mad but I don't see any other way that its possible..

Ohh and I am glad that a topic i started finally got some traction. Thanks to you Vod and BTCMillionaire..👍..I am writing this on a phone. Hope the formatting doesn't come out all trashy.

The statements in that article reek of fear, suspicion and maleficence of a powerful person who suddenly sees that the people he has been fooling for long are waking up to see his real face.

It says in the article that
1."cryptocurrencies could become "parasites" on the financial system", What he really means is that they have the ability to take away our monopoly on money and the subsequent unquestionable power wielded by us. Anything that tries to take it away is obviously a bad thing.

2."they must be held to the same standards as other banking and payment services", Thats like saying that I don't like this new kid running faster than me because he is lean and has less body fat. Load him with 400 pounds of animal fat and maybe then I can compete with him. LOL.

The bankers are still as confused as ever.  On one hand they say that Bitcoin is not a currency, it is not a financial instrument and on the other they want to hold it to the same "standards". Its truly amusing how bewildered the bankers have gotten on seeing the common people question their monopoly over transactions and storage of value. This is what makes bitcoin so awesome.

Yeah its completely insane. Elon Musk is a masterful marketer too. The Roadster has David Bowie playing in radio.
He tweeted a photograph of a chip inside the roadster which reads "Made on Earth by Humans". How insanely inspiring and cool is that..

Everyone awaits the fate of the core stage now.

SpaceX successfully completed its test launch of the Falcon Heavy rocket. In typical Elon fashion, The simulated payload consisted on Elon Musk's own cherry red Tesla roadster with a dummy passenger (named Starman and wearing Tesla's spacesuit).
You gotta fucking love Elon.

The third booster hasn't been accounted for but they re-landed two of the boosters successfully. Its bloody epic to watch the live feed.

Guardian coverage: https://www.theguardian.com/science/live/2018/feb/06/spacex-falcon-heavy-launch-elon-musk-live-updates
Youtube link: https://www.youtube.com/watch?v=wbSwFU6tY1c

Every Man, Woman and Child everywhere should watch this...

Thanks QA for the response and merit. You're right that I stumbled here for the bounties but then stayed for the real content. I have been working a normal job for sometime now and always wanted to go back to technology and learning. This made it exciting for me when I saw that the original people here were mainly the technologist and academic types. Being on the forum and seeing people freely share knowledge as well as build things was inspirational.
I am one of those guys who get enrolled in almost all the buzzword courses at coursera. Big Data, Machine Learning, Python, you name it. LOL. Unfortunately, I have chiefly been a procrastinator and its embarrassing.
I spoke to nullius once and it was really cool to have him thoughtfully respond to a complete stranger. He gave some great tips but the self-confessed lazy-ass/ slow learner that I have become, i haven't gotten around to doing much from it. (Shout-out to nullius.).

Overall, I have found this forum to be a great place to learn and interact if you aren't completely focused on only the monetary aspect of it.
For a typical newbie, there is so much to explore than remaining stuck in the spam campaigns. And yeah, everybody wants to earn but it should be done in a non-spammy way. That way, one can push himself/ herself to be worthy of the reward. One must also realize that just because there are spammers here doesn't mean that you have to outdo them by becoming a spammer yourself. Like Dumbledore said,"Dark times lie ahead of us and there will be a time when we must choose between what is easy and what is right"

I have shared this experience for any Newbie/Jr. Member/Members scouring these posts. The people who have made this a place only for earning with 10 simultaneous bounties with 20 different accounts deserve to remain where the merit system keeps them. (I do wonder how some of them manage to have 5000 FB friends and 1000 Audited twitter followers). If you have been here for around 6 months like me, your motto should be:
Come for the money alright but stay for the knowledge! Come for the alts probably but stay for Bitcoin!! Bitcoin is so much more than a way to earn money.

Thanks a lot for doing this. I still have some activity to earn before I become eligible for Sr. member but seeing that the thread may soon be closed, I am going to put up my case anyway. Hope you can consider.

Here are two of my posts:
One is a reply to a spam guy who has been spreading his little plague for sometime now. (Seriously, this guy just sits all day typing away his conspiracy theories in barely readable sentences.)

The next one is a topic i started which just didn't got pick up,lol.Though i hope it will as I'll update it soon as i learn enough.
https://bitcointalk.org/index.php?topic=2817109.0
(It'd be great if you can share your views on this post)

One interesting titbit. I came here after seeing your signature from a very old post. It has been disheartening to see everyone screaming about the BTC dip and all kind of spam posts about how its going to fail. At times like this, I have found it pretty comforting to go through the post history of the old members. I was going through mprep's and found this thread .

You guys had a pretty riot running here before it all went down the drain. Here's hoping things can go back to the glory days.

Where exactly do you and your ilk keeps spouting from to come in this forum and spread your shitty, smug opinions. People like you who post all day just to tell newbies that "Bitcoin is a ponzi scheme" are the ones who seem to have an agenda.

Whats annoying is the self-righteousness that you guys display by saying things like "I am trying to warn people from being sucked in by immoral people". Frankly, whats the story with you guys?? Are you like those who missed the bus or are just permanently dissed because you never understood what this all meant??

Why such constant, unchanging deluge of negativity?

True that this is an unregulated space and big players have the ability to play with the emotions of newbies. But no sane person would keep calling for the doomsday even after witnessing BTC get back up constantly. Many people are getting burned but those who stuck to the rule of only investing what they can afford to lose, won't be having any problems.

The ability to invest, save, transfer independently that BTC gives is a life-changing idea and opportunity. People like you who either don't seem to understand or are plain malificent deserve to have their asses kicked out of here. But well, the moderators have their hands full with too many of you breeding.

Just stop and go somewhere else. Nobody here needs or wants you!