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2661  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 02, 2019, 11:04:02 AM
feel free to ignore him. i find he is a useful filter of information. ignores drama and fluff, only comments on technical stuff, with the chops to back up his views.

What you consider to be 'chops' I consider to be fluff-based pretentiousness, but to each their own.

he uses math and logic. while i may disagree with some of it its certainty a much distilled version of the usual trash that the actual abc and bsv shills spew out (mostly air with no understanding of the underlying tech or goals). and since he also listens to other with questions and logical arguments, i find it useful.

"yes" men are not useful. those with well(ish) thought out "no" answers are.

"wheeee!" people are ignore of course.

2662  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 02, 2019, 10:44:49 AM
Capitalism just works.

Here is the obvious answer to censorship:

https://www.cnbc.com/2019/04/30/youtube-algorithm-changes-negatively-impact-google-ad-revenue.html


What opponents of capitalism don't understand is that it is essentially a global voting mechanism. It's the closest we have ever gotten to democracy.
Voting with our dollars, that's the only real vote indeed. Which means politics is not where effective voting happens today. Mostly.

corporate money buys politicians votes. dunno if that the most cost effective way to buy votes in the short term but since it can result on pretty long term effects (laws get created/changed etc) so in the long runs its pretty cheap compared to future profits for that corporation.
2663  Other / Beginners & Help / Re: [GUIDE] How to Create a Strong/Secure Password on: May 01, 2019, 01:33:38 PM

    Quote
    You can't store already existing passwords / private keys / etc.[/li][/list]
    the whole point is not storing them but creating them on the fly.

    But you still can't add other sensitive information which you want to be stored inside there.
    If i want to store my private key to a specific address there.. i can't. Obviously i do not want to create a new one in this scenario.. i want to save a specific one saved there.
    This works in standard password managers, but not in a HD one.


    In the end, if you need to update the backup file, you only have disadvantages - and no advantages - using a HD password manager compared to a 'normal' one.

    while it may be inconvenient, i find standard password managers such as keepass better for me as i can print out the list on paper, plus store other related things (urls, challenge answer used, notes, whatever) in it. then the list can be copied and stored in different secure locations.


    multiple copies of keepass can be used for the various things with varying levels of security.. banking in one, logins on another, whatever on a third.

    EDIT: the quote nesting is probably pretty messed up, my apologies.
    2664  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 01, 2019, 10:59:07 AM
    I always care about BTC price movements, as my bags are heavy with it. If there wasn't any upside for me in this advocacy, do you think I'd be taking the continued abuse?

    And in point of truth, if you hadn't noticed, my attempts to gain recognition of the flaws within LN -- at the cost of crippled onchain capacity -- have nothing whatsoever to do with BCH nor SV, as neither of these chains suffer from anemic block size caps.

    >says he's invested in BTC
    >takes lame shots at BTC every chance he gets

    The more breher speaks, the more I think hes a troll that lives in his mother's basement, and owns no crypto at all. Putting him on ignore. Its the healthiest option at this point. What does he actually contribute of value in terms of conversation? He can't absorb incoming information, only rehash tired rhetoric.

    feel free to ignore him. i find he is a useful filter of information. ignores drama and fluff, only comments on technical stuff, with the chops to back up his views.

    also as i still have some bitcoin cash from the btc/bcash_lol split (so by default abc and bsv, or whatever tickers those are under now as i havent moved them since those split), its useful to see what the "competition" is up to. as it just may effect btc price. although it sure doesnt seem to effect it much nowadays.
    2665  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 01, 2019, 10:36:08 AM
    There was some interest in the antics of my neighbor and his 69 Camaro last year so I will offer an update.

    His tech is scheduled for Saturday, it just came out of the garage for the first time this season and laid a solid 80 ft burnout in our alley.

    All the cats in the neighborhood are in hiding.

    Nice. How are the brakes?

    brakes? those things again? excess weight when accelerating.

    unless offroad, as then they do prove useful.

    or pure electric drive, as you can use the regenerative capabilities to recover power for accelerating again.

    sarcasm aside though. brakes and tires are far more important than any other mods that can be done. suspension and weight reduction are next. engine mods are last on my list. hopefully your neighbors too, at least to a point.

    is suspect the cats have figured out camaros cant climb trees by now. thats what jeeps are for.

    EDIT: seeing a later reply with more info, sounds like hes got a pretty sweet car there. i remember some posts about it from last year. always fun to have a gearhead nearby.
    2666  Other / Ivory Tower / Re: 22-04-2019 the day when something died on bitcointalk on: April 30, 2019, 01:15:30 PM
    Look below, I did not typed this in to my(?) sig-box (advertising spot for members to promote various projects).

    what makes you think sig are there for someone to promote some project? sigs are courtesy provided by the forum owner.

    back in the day sigs (i knew them as "taglines" in BBS systems) were mainly a place for some "deep" thought or witty comments although some were promoting various projects. and if it did promote a product most were legit, at least back then. but they have been going downhill ever since as over time they have been getting more annoying and more abused.

    sigs are a privilege, not a right. want a censorship free sig? feel free to run your own forum with that right.

    but as i have sigs turned off forum wide so i never see them, what do i know.
    2667  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 29, 2019, 07:40:18 PM
    a race to the bottom?

    No. A race to the top.

    i think we are referring to the same thing just from opposite directions. iow as it costs more and more to maintain a node, those with proportionally less incentive will drop out.

    if this is what you mean, then when does it stop. ultimately there will be only a few nodes that can afford to run bsv, and everyone just trusts those nodes? sounds like central banking to me.

    is there any upper limit? i am genuinely curious.

    Well, there's currently an upper limit that is not too atrocious. The story for the future is no upper limit.

    Implicit in your question would seem to be the philosophy that the system should be limited in order to allow those with no skin in the game to be first-class citizens. Why do you believe this to be appropriate?

    You would think that those that abdicated the mining to those willing to take the risk would have learned this lesson already.

    3rd class is good enough for me. i just want the capability to, if needed, occasionally fully validate the blockchain on something that most people could reasonably afford, even if its just to transfer value in or out of the system occasionally. such as an aws instance or something that could validate the chain in a reasonable amount of time as opposed to realtime. that someone could run a few times a year as needed just to make sure the current chain is valid and is trustworthy enough to send/receive a tx... at least at that point.

    with bsv it seems it would ultimately wind up with only one manufacturer/company running its own "pool" that has a enormous percentage of the hash would have the incentive to run a node.. with means that manufacturer/company/pool effectively controls the chain.
    2668  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 29, 2019, 06:33:06 PM
    Larger blocks are inanimate. Regardless of size, blocks do not have the power to 'push (so-called) nodes off' of anything. Bitcoin does not owe you a position in its network. Either expend the resources required, or drop to the side in your inability to keep up. Decision is fully yours. Own it.

    a race to the bottom?

    just how big a datacenter and monthly cost will eventually be needed to run bsv with its "everything including the kitchen sink" philosophy? to the point only billionaires and humongous companies etc can afford it?

    is there any upper limit? i am genuinely curious.
    2669  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 29, 2019, 05:33:04 PM
    @Double Hunter -

    The next halving is - Reward-Drop ETA date: 23 May 2020 23:23:57

    https://bitcoinblockhalf.com

    ^interesting dude thank u. Wink
    There's a halving countdown.

    yup there has been one in one form or another including the 1st.

    in the 1st halving people were turning on anything that could hash, even obsolete stuff and single gpu gaming rigs, in the hope that their miner would be the one that hit that actual block that it changed and get their miner or pool message into the coinbase and thus be forever immortalized in that 1st halving block. i think it was some relatively wimpy rig that actually solved the block on some pool or another. btcguild or slush?

    it was pretty exiting compared to later halvings as no none really knew what was going to happen.
    2670  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 28, 2019, 12:28:29 PM

    Major suckage.

    "I may have lost the seed" - WTaF? Adding insult to injury.
    Awww man, I hate to hear that, hopefully it's just a hiccup and he has been able to get into it since.

    hes ok

    https://old.reddit.com/r/TREZOR/comments/begdhm/my_trezor_is_not_recognized_by_any_computer/ely7bzd/?context=1
    2671  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 27, 2019, 09:28:22 PM
    ^let's hope

    meanwhile
    gosh a girl. what do we do Huh
    The same thing we do every night.

    shitpost?
    2672  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 27, 2019, 08:52:00 PM

    damn.

    hoping it was just bad cables. ive thrown out so many unreliable usb cables its not funny.
    2673  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 27, 2019, 05:22:01 PM
    [...]  I went back to my original post, linked above, and for context, that post was questioning how it seems that so many people involved in such a greatly performing asset class, such as bitcoin, since 2013 are "poor."

    actually my reply was a feeble attempt at humor
    . seeing as many of us like the many various flavors of chemicals and their effect of the brain.
    [...]
    Not feeble at all, I picked up on it and added to it but thats where the humor ended..

    And then [...]

    And JJG wanted to actually have this discussion.

    yeah i loved that "long at 20k" reply.  i can easily imagine some coked/methed/whatever upped person going millions into debt in about 15 seconds.
    2674  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 27, 2019, 04:55:16 PM

    Long at $20k is a dumb explanation.

    No one with any brains is long at $20k for 16 months without, at minimum, making some additional buys to bring down their average cost per BTC.

    In other words, it should be quite difficult to sympathize with anyone who made that kind of dumb gambling move to buy at $20k and to sit on it without having further plans and action in the 16 months.

    Edit:  By the way, you raised a bit of a different point, Hueristic, so we are deviating from the original point that I was attempting to make.  I went back to my original post, linked above, and for context, that post was questioning how it seems that so many people involved in such a greatly performing asset class, such as bitcoin, since 2013 are "poor."

    actually my reply was a feeble attempt at humor. seeing as many of us like the many various flavors of chemicals and their effect of the brain.

    anyway for me i consider myself neither rich nor poor. however since i started in 2011 i certainly could of done much better. and much worse of course.

    i will say if i had just hodled everything i would of done better than some of the various diversions into mining, trading and such. basically some diversions worked, some did not.

    but overall? man bitcoin has treated me very very well indeed, so no complaints even if it all crashes to zero in the next moment. worth the ride for sure.
    2675  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 26, 2019, 09:51:12 PM
    How come so many poor people here?

    drugs
    2676  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 26, 2019, 01:03:51 PM
    Exactly, because fiat is a pain in the ass, every fiat trade is a taxable event. This is close enough within risk.

    Not if you're American or British and maybe quite a few others. It's just as taxable as an actual dollar trade.

    yeah it sucks here in the USA. anything to anything is a taxable event.

    The like-kind transaction capital gains tax postponing (like with real estate) doesn't apply?

    nope. IRS specifically made that clear in 2017(? think was for tax year 2017). even before that date they claim it wouldnt of applied anyway.

    im not sure if anyone has challenged that for earlier years, but even before the 2017 ruling my CPA said the safe bet was not to do like kind for crypto to crypto when i was filing my taxes. since i did very little trading before 2017 (im mainly a hodler) there wasnt a huge difference anyway so i played it safe. call me a wimp if you will but i have no wish for the IRS to make my life miserable down the line.
    2677  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 25, 2019, 10:45:31 PM
    Exactly, because fiat is a pain in the ass, every fiat trade is a taxable event. This is close enough within risk.

    Not if you're American or British and maybe quite a few others. It's just as taxable as an actual dollar trade.

    yeah it sucks here in the USA. anything to anything is a taxable event.
    2678  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2019, 11:50:59 PM
    istr dialing the webpage directly lol

    dial up multi-line BBSing was the the thing in my day.

    i remember using telnet and lynx back when you could still get pure text web pages.
    2679  Other / Meta / Re: Yobit spam on the forum on: April 24, 2019, 02:28:16 PM
    The only best solutions that I know for now is to suggest everyone to ignore yobit campaign members. In that case if there will be more people ignoring them we might be able to lessen their adverts
    And what would happen when the yobit signature wearers leave the campaign or switch over to another? How would you know to unmute them?

    ummm, who cares?

    if they start making good posts people who havent ignored them for whatever reason will quote them in replies. if i see enough good material in those quotes i would unignore them at that point.

    that strategy has been working fine for me so far.
    2680  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2019, 12:36:32 AM
    Maybe you're the outlier that wants to watch their porn in glorious Hercules compatible resolution on a monochrome screen at 3 frames per minute. I dunno. But you'd certainly be in the minority.

    well if moores law didnt happen at least i would still have a use for that old IBM XT clone with the hercules video card and greenscreen monitor sitting in my basement collection.
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