Do you guys think Bitcoin will rebound? Or is it a true bubble pop?
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I'll agree that it is by no means known that they will do so. But it is also by no means known that they will not. Funny that for all the lip service Core gives to security, and the rather dim view that many if not most Core devs have of miners, that they would introduce such a vulnerability.
You mean a vulnerability like the 0 conf in BCash that allows double spends galore?   |
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- This decreases the security of segwit transactions. However, we assume that it will be in the best interest of the miners to not steal Segwit coins. If one of the miners were to take all the segwit coins, we assume most other miners wouldn't recognize the theft, and the thieved coins would be on a forked chain that would soon die.
But I guess the alternative world of BCash with 0 conf and riddled with double spends galore should be applauded then because it has big blocks and no SW? /s  All hail BCash! /s Also infofront, pls notice the timing of this sudden SegWit FUD. Look at the price action today. It's not just a coincidence, ok? Anunymint, Ibian, jbreher and others are known stealth (concern) trolls. |
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For the current leg, and I repeat myself yet again, why was segwit better than simply doubling the blocksize? Nobody seems willing to explain that bit, for whatever reason.
Answer why doubling the block size is even needed at this point in time. With actual logic and facts to back your argument. Stop putting words in my mouth already. I can't put words in your mouth, because your foot is stuck in there already. Quit trollin'. |
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Never said that. I said that bigger blocks would have been a better solution. Can you explain why I'm wrong, with something other than emotional outbursts?
Answer why doubling the block size is even needed at this point in time. With actual logic and facts to back your argument. Or, ya know, stfu. |
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For the current leg, and I repeat myself yet again, why was segwit better than simply doubling the blocksize? Nobody seems willing to explain that bit, for whatever reason.
Answer why doubling the block size is even needed at this point in time. With actual logic and facts to back your argument. |
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The point is that people who are not shilling anything are being called shills. It's exactly the same process as when lefties call peoples nazis. It doesn't mean anything anymore, beyond "shut up".
The point is that people who come in here criticizing Bitcoin for being somehow broken, or not working as intended, when the exact *opposite* is true, do need to be told to SHUT THE FUCK UP. So, really this time, positive things about bcashers.
Why don't you fuck off if we don't care to answer your fkn forced question that no one asked for or even gives a shit about? BCashers are deluded idiots, sorry. |
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Alright look guys. This whole bcash shill thing needs to stop. It has become an automatic reaction for some of you. Kind of like how SJWs call everyone nazis.
There is a simple test for these things. If you can't say something positive about your opponents, then you are the ideologue. Let's have a group exercise this morning. Say something nice about bcashers.
The point is, if one has to "shill" for their favorite shitcoin like it's some kind of silly, teenage popularity contest then they've already lost. Because that's called a fad. And fads always fade away into the shitcoin graveyard of oblivion (Note the past zombies NXT, feathercoin, primecoin, auracoin, vertcoin, dogecoin, etc., etc.) Many shitcoins are already dead, they just don't know it yet because they are zombies. And shill all you want, if merchants aren't interested in adopting your shitcoin, and investors don't care, then it's already over for ya. Sorry. The world doesn't need 1000 cryptocurrencies to succeed. It only needs one : Bitcoin TM. And Bitcoin doesn't need shilling and marketing to succeed. It just needs people to discover, buy, and use it. |
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OT: Here's video of a cute market analyst talking about the current Chinese stock market. https://www.bloomberg.com/news/videos/2018-06-28/are-china-markets-having-a-2015-moment-videoNotice that through the entire short video, there's absolutely no discussion at all of the actual underlying Chinese economy itself and whether the market accurately reflects it or not. Just a bunch of blather about possible de-leveraging and the Chinese government's ability to manage the markets effectively or not. Point? Fake, propped up market completely decoupled from reality. |
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When big banks, businesses and all the poor unbanked (cannot pay BTC on-chainfees - but BCH) ?
what are you talking about? the currect bitcoin transaction fees are about $0.15. They are like a broken record, they dont know how to change narrative, it requires one to do some research and think lol They probably still think it is 2017 And they keep ignoring Lightning Network like it doesn't exist and doesn't work |
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 what's the blue line?
I was thinking it was either 'blockchain hype' or 'App-based tokenization' lol |
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Yeah, not sure why you all don't just put your money in traditional financial instruments and institutions. Not sure about this whole "cryptocurrency" thing. IDK. Just doesn't seem real.
General Electric should be the poster child for the whole corrupt "We're-doing-great-and-our-stock-is-flying-oh-shit-now-its-tanking" financial establishment. They'll all be doing great up until the day, the very minute they run out of money to buy back their own stock. GE one month : "We're doing great! Earnings are up! Stock is up!" GE the next month : "Oh shit, suddenly we're out of cash! Our debts exceed our free cash! We've been hiding our revenue losses with shady accounting and cooked books. Shit! Time to cut our stock and dividend in half. Get rid of the CEO! Jettison everything! Lay off thousands!" Of course the executives are the only ones who get a golden parachute. Everyone else gets a pink slip. So... Forgive me, Torque - but it begs this philosophical question: Isn't this just unfettered capitalism in action? Don't get me wrong, I am not trolling you or trying to catch you out. But... We seem to be at the peak of a long era of 'laissez faire' rampant capitalism - which has just produced debt slavery for the world's masses and incredible wealth and power for the few. Without any alternative competing systems to rein it all in since the 'victory' over communism and socialism, we simply seem to have completely accepted modern capitalism 'raw in tooth and claw'. I actually agree with most of what you say here and basically it's obvious the current system is corrupt to the core - and on a simple, human level - yes, patently unfair. So if it's not working for the common good - do we tear it all down, or are we just trying to make sure we are getting a slice of the pie? Just wanting to be rich is 'joining them, not beating them'. Wanting to change it requires new ideas, new heroes thinking of new ways - and people prepared to be part of the solution, not just wannabes who want to be part of the elite that cause the problem - with lambos to prove it. Is parachutes for the rich and pink slips for the ordinary Joes ok? Or not. I am not pretending I have an answer to this and I am part of this system by default, but I would be interested in your thoughts I really can't answer this or expound on my thoughts right now because it would require a book. And I'm too tired to write a book, and of course I don't want to be accused of adopting JJG level walls of text, lol. Suffice to say, it wouldn't have become run away rampant predator capitalism if corruption hadn't be allowed to infiltrate the entire system. Even prominent hedge fund managers don't know what the fuck is going on anymore, nothing makes any sense. Some sanity would come back to the markets if: 1. Gov't needs to stop actively managing the markets through Fed and CB intervention (just look at the bond market, it's ridiculous.. comical. Who's fkn buying that shit?) 2. End stock buybacks - they used to be illegal, most people don't even know that 3. More transparency in corporate earnings reporting - end the loopholes and fuzzy accounting practices 4. CEOs and executives need WAY more accountability for company performance and earnings - quit rewarding them for bad behavior 5. Let the fucking equities market have it's bear market for gods sake. Quit propping it all up by tethering everything to FAANGs and then constantly goosing the FAANGs with CB fiat money |
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That's...interesting. Innit?
It is interesting that Gavin worked on VRML and ISO standardization (where it promptly got bogged down and died). I remember the VRML days very vividly, there was a SUPREME amount of hype around VRML. At that time everyone kept talking like by this time in history we would all be surfing the web with VR goggle headsets and everything, literally everything that is on the internet today would be human interaction through VRML-enabled worlds (think Second Life, Ready Player One, etc.). VRML never took off and then it died. Truly a grand solution looking for a problem that never existed. Reminds me exactly of the hype we're hearing today around ETH, smart contracts, App-based tokens and ICOs. |
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Yeah, not sure why you all don't just put your money in traditional financial instruments and institutions. Not sure about this whole "cryptocurrency" thing. IDK. Just doesn't seem real.
General Electric should be the poster child for the whole corrupt "We're-doing-great-and-our-stock-is-flying-oh-shit-now-its-tanking" financial establishment. They'll all be doing great up until the day, the very minute they run out of money to buy back their own stock. GE one month : "We're doing great! Earnings are up! Stock is up!" GE the next month : "Oh shit, suddenly we're out of cash! Our debts exceed our free cash! We've been hiding our revenue losses with shady accounting and cooked books. Shit! Time to cut our stock and dividend in half. Get rid of the CEO! Jettison everything! Lay off thousands!" Of course the executives are the only ones who get a golden parachute. Everyone else gets a pink slip. |
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Oh you just wait. On the next bull run, they've set up BCash perfectly for a false flag "flippening" (just like they did with ETH and all the other shitcoins in early 2017). They'll first pump Bitcoin, then drain trade it into BCash to simulate a flippening. All the new Bitcoiners will be freaking out. The forum trolls will be flaming everywhere. FUD will be flying everywhere. But it's just the whales trying to shake the n00bs out of their newly bought Bitcoin. Of course the old skool Bitcoiners will have seen this old, tired movie before.  "If Bitcoin didn't have fake, propped up enemies and threats to constantly generate FUD, it would have no perceived threats at all. And for the whales that just won't do." |
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If Bitcoin (or any particular cryptocurrency) is viewed as "trendy", "fashionable", or "en vogue" then its popularity and growth won't last another decade, much less the next 50 years. |
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you guys been hearing those Wells Fargo "oh, we're so sorry" ads running lately?
They put goofy music under them like they aren't even taking it seriously themselves...it's like they are pointing and laughing at us.
https://www.youtube.com/watch?v=1rrivHxCeeYI especially like the line "When the country went West for Gold, we were the ones to bring it back East." Yeah, y'mean back when you guys actually transacted with sound money instead of fiat garbage? Lol Also notice how comments are disabled on that commercial video. People would have a fkn heyday in the comments section for sure.  |
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So I'm thinking instead of a lambo, which let's face it is mostly about how it looks, might get a Tesla instead. The future is obviously electrical, and it's actually a practical car.
Enjoy that : https://www.youtube.com/watch?v=YZKGot04cE8Don't forget the flame suit! |
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...then we can suspect Brock Pierce and his Goldman buddies have bought off the regulators.
If you think this deranged clown manchild actually has "Goldman buddies" or even runs in the same circles then you are delusional.   |
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