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2681  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 10, 2021, 11:02:47 PM

Do you have a decent link?

No. It was all through the threads on r/btc. Maxwell was the worst for disingenuous arguments and Luke was just insane, as ever but I think people like bluematt (it I remember correctly) gave it a fair shot.


Haha, no wonder I've never seen that conversation!

Fucking hate redditt.

I always enjoyed reading  bluematt 's insights.

Hah, good tweet he just dropped.

Quote
Being a Bitcoin Core developer is a thankless job. I once told another now-former developer that “Bitcoin will never succeed because of our work, but it may succeed in spite of our flaws”.

So much respect for those who have contributed longer than I and contribute today.
2682  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 10, 2021, 10:52:10 PM
I just have not found anything that gives a reasonable explanation and the Devs  certainly do not have a blind spot when it comes to this.

The devs are definitely aware of the arguments and, to their credit, some have actually joined in with the discussion (some in more good faith than others).

Do you have a decent link?
2683  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 10, 2021, 09:55:16 PM
Government Threatens Retired Engineer With a Crime for Doing Math


https://www.youtube.com/watch?v=9nwP826RY50


Looks like some scumbag didn't like being called out for not knowing what he was doing and decided to use his influence to attack this guy. This is the result of nepotism, family first rite?
2684  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 10, 2021, 09:18:25 PM
Yes, it is scrypt, not bcrypt, wrong hashing method, my mistake.

I've been inactive long periods regarding Bitcoin when being busy with work, so sticking my ignorant neck out here hoping for some logical answers (not just rage). The Bitcoin maxi trend calling everything else "shitcoin"; was that shaped in a attempt to focus on one thing only in the hope it Bitcoin will perform better as a value of storage, or was it an side-effect of all the scams and ICOs that came after 2014/2015? Perhaps both? (Feels like missed some important parts...)


Well that of course is a reaction to the massive shilling of shitcoins and it morphed into any talk of any other project being a bag shilling exercise so was dogpiled without mercy.

AFA I remember it was considered alts were a good testing ground for fleshing out ideas that might be incorporated into the base layer but due to the sheer quantity of garbage scamming fucktards the instant knee jerk was to dogpile anyone even alluding to the fact something besides Kling Daddy had any value. and of course then the Ethtard started with the dominance shilling crap and it just polarized the entire scene with the ethtards being the nothing but NGU scam shilling dominated lowlives with zero consideration for the vision Bitcoin provides.

/rant off

Painfully aware of the blocksize debate which never improved anything so far, now it feels defunct even, since you don't need sidechains to deal with it.

Well since it is a m00t point now the knee jerk reactions to the subject seem to have calmed down to the no dogpiling point and we actually had some good discussions with the bear on the subject.

But we did have to restrict him to discuss it only on  Wednesdays (crazy I always spell Wednesdays wrong and have to google it as the spell checker can't get it right either!). Grin
2685  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: June 10, 2021, 09:04:49 PM
So I suppose we are +3 +4 for a live draft, 0 against it and 5 4 undecided so far.

I'm ok with a live draft. Dibs on Tim Tebow.


ROTFL, that one got me! Cheesy
2686  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 10, 2021, 09:03:41 PM
I just don't see that.  Banks don't need small blocks to remain necessary.

FYI, small block force a side chain solution which is centralized and that in lies the problem.

I just don't understand why dynamic blocks are just not discussed, it smells of agenda.

Maybe it's not an agenda, but a blind spot?


I just have not found anything that gives a reasonable explanation and the Devs  certainly do not have a blind spot when it comes to this.

I'm probably just to stupid to actually find it.

I'm convinced. Really interesting, then.


LOL. Smiley
2687  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 10, 2021, 08:58:01 PM
this proves I sometimes wade through your massive posts JJG.[/size]

You are braver than most, including yours truly.

+1 WO for that one, to offset part of the -1.5 WO total tentatively pending re: toxicmoxic.

Meh, just too stupid to not know when to keep my mouth shut! Grin
2688  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 10, 2021, 08:54:18 PM
I just don't see that.  Banks don't need small blocks to remain necessary.

FYI, small block force a side chain solution which is centralized and that in lies the problem.

I just don't understand why dynamic blocks are just not discussed, it smells of agenda.

Maybe it's not an agenda, but a blind spot?


I just have not found anything that gives a reasonable explanation and the Devs  certainly do not have a blind spot when it comes to this.

I'm probably just to stupid to actually find it.
2689  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 10, 2021, 08:52:15 PM
Hello gentlemen. How have things been going?

A country accepts bitcoin as legal tender yet the price barely moves. I would have thought this would be a rocket launching event.

The problem is that the market is figuring out how bad of an investment bitcoin is and how it's is definitely and indefinitely crashing. So lots of countries might make it legal tender, but the down trend will remain. In fact, we know that as more countries adopt bitcoin the lower the price will go.

Ok, ok. Some of us know you from way back and we therefore remember that you're just dicking around. I mean, it used to be funny and all that, but the comedy has lost its edge in recent times. It's a little tired and repetitive now, just sayin. You might end up frightening the noobs away too, who might actually take you at your word.

We won't hold it against you if you want to change tack and allow your true colors to shine through, though.

Haha, any n00b that mindrusts because of lamma posts deserves to be left out in the cold.
2690  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 10, 2021, 08:44:12 PM


What is he really talking about? And what real problems? Problems with bitcoin or problems in the real world. If he mean problems in the real world I would agree. Now for the matter of fact if not all then surely every other project starts with a problem in bitcoin and tries to solve it with their on token or coin that's a logical fallacy.

To be honest haven't seen a single project which solely aiming to solve any real world problem. I remember in 2017/2018 there was one project WPR or WePower which claimed to be green energy based solution. To be honest I thought they will be building windmills or other green energy sources for public use not to run their own so called "trading platform". I'm not even sure where they stand today.

Anyway solving a real-world problem and claiming to solve it are two different things. Until now we haven't seen any single such claim going through yet.

In the example, Namecoin includes a domain name system for internet besides being a "coin", although the project is pretty much sleeping these days AFAIK. I also regard Litecoin as old school serving the purpose of having useful differences such as faster transactions, using bcrypt instead of SHA256, etc., but sure, Bitcoin maxis are welcome to disagree.

IIRC LTC was in responce to asic adoption as scrypt was thought to be asic resistant. but apparently they gave up on that fight and became another shit coin (still good to move funds between exchanges though: only real world usecase I know of). But there are still those that fight for decentralization, its just a harder battle than NGU peops are willing to fight.

Namecoin got a death blow when there was a bug that allowed total takeover of the domain by a simple hack. I think it was fixed but I really didn't follow what has become since then. I think their uphill battle would have been to have ICANN acceptance.

https://www.youtube.com/watch?v=_ckMG9mAd7s
2691  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 10, 2021, 08:24:09 PM
And Satoshi had not anticipated ASICS (who knows if that later Satoshi email is real where "he" talks about exactly that) and that changed EVERYTHING.  It made the idea of the "validation node" important.  Vitally important.  We discovered by this tech that between hashing, and consensus validation the latter *might* be more important, though they go deeply hand in hand.

Maybe you should provide a link, cAPSLOCK, if you believe that either there is something important and relevant that satoshi supposedly said.. From what I recall, Satoshi disappeared around late 2010, but a lot of the BIG blocker disingenuine nonsense started to get worked up in late 2015 so it increasingly ramped up in the next couple of years without really going away completely even though it should have been clear that not ONLY was the issue resolved in such a way to show the BIG BLOCKERs as largely disingenuine retards, but also current BTC development is ongoingly finding balance in onchain and offchain transactions including having goals of having some of the fee market to develop around this matter to help to inform if there might be needs for tweaks that go above and beyond ongoing tweaks that are happening.

Actually I believe it has been proven that Satoshi mined on custom fpga's.

sorry no link

this proves I sometimes wade through your massive posts JJG.
2692  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 10, 2021, 08:20:56 PM
I just don't see that.  Banks don't need small blocks to remain necessary.

FYI, small block force a side chain solution which is centralized and there in lies the problem.

I just don't understand why dynamic blocks are just not discussed, it smells of agenda.
2693  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 10, 2021, 08:12:07 PM
Beginning to feel like that bear market again.

Complete fakeout, anyone that sells now is infected with Mindrust Syndrome.
2694  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 10, 2021, 08:03:40 PM
When I got in I bought Monero with about 80% of my bitcoin.  In ~2015 it got up enough that I could sell 1/3rd of it to get back my total BTC stake.  Since then I have only ever done some small transactions to and from other alts, LTC, or the like...  almost not at all.

I have no plan, which may be a bad thing... we will see.

I never used ltc for anything but back when I was trading to move between exchanges. But I just used it for the first time in years to get my shitcoin (binance coin) to paxos so it looks like it still has utility. I can't believe how much they pumped it. I only had it on there to cover trading fees.


Just got home and cut the lawn and I am fucking beat.
2695  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 10, 2021, 07:59:40 PM

 How have you been?

Old, tired.

time has caught up with me. Smiley



 How have you been?I haven't offloaded anything since 2017, but I've got a verified Kraken account locked and loaded.

I kept putting it off because then I couldn't sell anything and still didn't do it because of the dump but I have been getting ruined at the casino and will have to cover some bills because well I'm just a degenerate gambler that won't quit when the cards are fucking me. Cheesy

Maybe I'll do it tomorrow.
2696  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 10, 2021, 03:42:16 PM
OK... So we ended a great run recently...

Not price.

Transactions.

After jumping up to over 30 per day avg, after the Muskpocalypse we seemed to have dumped back down to just a little more than 1/2 that.

What does this mean?

hodling/indecision

Hah, I needed to sell a few right when we peaked 500 but was in no hurry to finish the kyc (Kraken) and bam off a cliff!

I haven't sold since before alphabay so what are the odds? Smiley

What do you guys do to offboard these days?


BTW, you been quite lately, all well?

Shit, gotta check out, bbl
2697  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 10, 2021, 03:38:04 PM
Scumbag mainstream news (ABC,CBS,NBC) reporting on shitdoge nft sale yet ignores El Salvador completely!

https://www.youtube.com/watch?v=do7LdXaBzxo
2698  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: June 10, 2021, 03:29:57 PM
live draft
2699  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 10, 2021, 02:57:20 PM
Just of note, I tend to deliberately keep that argument out of here. It's not really relevant and tends to upset the natives. I'll usually only bring it in where I think it's directly relevant and then only in relation to BTC itself (i.e. I'll discuss capacity but not in relation to other coins which have addressed it).

That is the one drawback of this area, alot of the maxis (NGU evangelists) are blind and deaf to anything that even hints at not having current core as being the end all holy grail of code that God himself rode down on his chariot and scribed in stone for the filthy masses.

But it just them being close minded and shilling their bags without any other thought in their head.


*Disclaimer:

No I  do not ascribe to big blocks and think it is an attack vector.

I just am adult enough to be able to discuss it without frothing at the mouth.
2700  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 10, 2021, 02:48:53 PM
I quite enjoyed jbreher and miss him.  

Yeah, what happened to the bear? I think I was away and then I saw a few posts mentioning he was gone but I didn't see any reasoning for it.

I also enjoyed his posts, even the ones that were bullshit big blocker.

He seems to me to be a good man just with a differing viewpoint.

Not to mention he is intelligent and has thick skin which are a few qualities sorely lacking in the world these days.
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