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301  Bitcoin / Bitcoin Discussion / Re: How can we share our knowledge to the other people about bitcoin??? on: April 01, 2018, 02:08:54 PM
How can we share our knowledge to the other people about bitcoin???

Well we can start by being honest and warn them that transaction fees hit $55 in the past !

Maybe we should stop telling them that the lightning network will save the coin when we know that
it's just a centralized system of banking hubs that not only charge us fees but also interest on the BTC
needed to keep the channel open.

We could even fess up to wanting to find a bigger fool so that we can sell them our coins before they
become worthless.

"knowledge" and obvious propaganda with lies are not the same thing you know and many people here
are no better than gambling addicts and will say anything to get the next fix.


302  Economy / Speculation / Re: How deep can the bitcoin fall now? on: April 01, 2018, 02:01:27 PM
I got out at $18k and that was premature because my plan was to hold on until it reached
$50,000 before I expected the tulip mania bubble to pop but the miners got greedy and put fees
up to $55 per transaction.

Bitcoin become of age alright, an old hooker with clap over night thanks to the development team
sitting back and doing nothing as fees went to the moon and the lip-stick offered by the lightning
network that is nothing more than a system of banker hubs won't make this old slapper appealing
any time soon.

People the party is over, twas fun but now you need the services of a doctor because many people
here seem to have picked up an infection and it's effecting their sense of logic.
303  Bitcoin / Bitcoin Discussion / Re: Are Cartel Reason for Bitcoin Dump on: April 01, 2018, 01:50:33 PM
The miners and development team at Bitcoin are part of the cartel as many developers already know
who have not sold themselves out to the bankers.

of course bankers can pump and dump and no one can stop them now they own the
development team too.
304  Bitcoin / Bitcoin Discussion / Re: Can Governments Kill Bitcoin? on: April 01, 2018, 01:47:58 PM
No governments cannot kill Bitcoin because we have this thing called encryption but can fees hitting as
high as $55 per transaction kill Bitcoin or the fact that mini centralized banks have been added to the
lightning network result in killing the coin ?

You bet it can
305  Economy / Speculation / Re: I believe BTC is going to trend down to $5,000 whats your thoughts on: April 01, 2018, 01:44:07 PM
The writing is already on the wall for BTC going down to $5000 and no one new that known anything
about BTC is going to gamble ... err....sorry... "Invest" after the miners put the fees up to $55 per transaction.

I jumped out at $18,000 that was only days after the fees peeked and have never looked back as people
here were "Buying on the dip-------stick" and won't be buying back in due to the lightning network being
nothing more than a system of mini-banks and can well see two more zero's having to come off the number
that the OP has picked.

Remember people, I have a track record and I bet it's better than yours so buck the trend if you think you can
but it's going down as we speak.  
306  Bitcoin / Bitcoin Discussion / Re: Planning to sell all my btc as its too low now :( on: April 01, 2018, 01:36:36 PM
ETH is being dragged down by BTC because the cat is out the bag about fees can rise as high as $55 per
transaction and scared the punters off from entering the casino.

The community needs to see some house cleaning and Bit-coin needs to go just to remind the development
teams and miners that we won't be pushed around and taken for twats.

If the OP dose not want to cash-out, profit take if he has any left then I would suggest Ripple or EVO might be
worth a look because ETH just won't scale on-block even if it's twice as fast as Bitcoin
307  Bitcoin / Development & Technical Discussion / Re: The Lightning Network's penalty system in action on: April 01, 2018, 01:26:37 PM
You have to remember that Bit-Coin has never, ever had any bugs in it despite dozens of updates
if you blame any loss of money on hackers or someone else and it's so good that when things go
wrong you don't even need anyone else to call to report the problem.

Penalty system controlled by miners and the development team is not going to work out too well
IMHO for joe public and will be like the old pledge about "Virtually free transactions fees" we saw as fees
hit $55.00 just to store 250 bytes of data.

This is what killed BTC, not waffle coming out about what China or Korea might or might not do
and I certainly won't be trusting any off-block single point of failure network that Lightning has
brought to the Bitcoin network even if the Exodus wallets adds the facility in a years time.  
308  Bitcoin / Development & Technical Discussion / Re: Ten years have passed, and nobody has figured out a way to use blockchain on: April 01, 2018, 01:17:50 PM
The best thing invented for a voting system is the block-chain with crypto-coins coming in at fourth place
which could be moved up to second place if they made it scale which is possible but the current crew act like
they don't know how to do it and want to make space on the block seem like it's worth something when its not.

Most developers are ruining away from the block-chain including the lightning network developers because they
wanted am excuse to introduce mini banks into Bitcoin and therefore solving the block-chain scaling problem that
they knew about ten years ago was never on the plans to be fixed so the block-chain as we know it is going to
crash and burn along with bit-coin.

 
309  Bitcoin / Development & Technical Discussion / Re: "Blockchain Design Principles" on: April 01, 2018, 01:07:18 PM
This is very important topic for every user and especially developers in the community.

The community is divided and anyone not singing from the bit-coin song sheets about a mash up of a
linked list and SHA256 taken from Bit-Torrent is treated like a bit of a freak here and chased away.

More important than the block-chain data structure is the block ledger "(c) me" not that it's such a big deal
but key to moving forwards is making the block-chain work using DNA and not just having replication like
the fudge up we have just now.

310  Bitcoin / Development & Technical Discussion / Data-stream encryption on: April 01, 2018, 12:01:51 PM
I rolled my own encryption regardless of all the advice not too (they would say that !) because I work on windows and will not trust any
of the Microsoft's black-box encryption tools and passing keys to Microsoft for AES encryption is a big red flag for me.

What i need is fast encryption for a Tor style network that will work with data streams for sending large volumes of data
but the trouble is the data might be send/received in random sizes and i want to relay the data as soon as it comes in

incoming upstream node [------300k-----] [-----200k-----][-----67k-----]
receiving local node        [------200---][----467k--------------------------]

So i can swap all "A's" to become "Z's" and "Z''s" becomes "A's" based on a secret key used to mix the data up
but this encryption would be easy to crack and because of the speed I don't want to keep inserting points into the
byte array being encrypted.

Now i could added extra shift into byte codes based on looking for the letters 'HTTP' but the trouble is that the
data could arrive in a blocks starting with 'TP' or ending in 'HT'  so it would be a bit hit and miss and I don't even know
the type of data that will be sent because the nodes act as SOCK4/5 and HTTP Proxy servers which you guys might like
for running nodes on Bitcoin.

So far my code is sweet but generating the CypherCode is slow so it's cached and is returned from MakeCypherCode as a 512 byte array
and the speed is second to none.

Code:
public static byte[] DecryptFast(byte[] Text, string Key)
       {
           byte[] CypherCode = MakeCypherCodes(Key);
           for (uint f = 0; f <= Text.Length - 1; f++)
           {
               Text[f] = CypherCode[Text[f]+256];
           }
           return Text;
       }

       public static byte[] EncryptFast(byte[] Text, string Key)
       {
           byte[] CypherCode = MakeCypherCodes(Key);
           for (uint f = 0; f <= Text.Length - 1; f++)
           {
               Text[f] = CypherCode[Text[f]];
           }
           return Text;
       }

HTTPS traffic is already semi safe on this network because the CONNECT request that includes the domain name is encrypted before being sent but
the certificate response could still be sniffed but after that I plan on just sending the data "as is" since it's already encrypted

Too be honest I don't think there is a real good solution to this problem but i thought I would try anyway.
 
311  Bitcoin / Development & Technical Discussion / Re: Bitcoin theory and Bandwidth Utilization over time. on: April 01, 2018, 11:15:07 AM
Even as network infrastucture and technology improves, blockchain space is a limited resource and should be treated as such.

No it's not and not scaling is a result of a bad design and the world is not running out of numbers and if you look
to recent history when these numbers became limited and resulted in sky high fees then you will note from the data
that the price of bitcoin has been going down ever since the peek. Evolution in action   
312  Bitcoin / Development & Technical Discussion / Re: Bitcoin theory and Bandwidth Utilization over time. on: April 01, 2018, 11:09:33 AM
Network chatter is a killer and code that works when a new network or coin is released with just a
few nodes is not going to work when numbers hit the ten's of millions.

in the end some form of order is required which will result in specialist nodes but this does not
mean full centralization by any means. 
313  Bitcoin / Bitcoin Discussion / Re: After 3 months, what do you have? on: March 16, 2018, 02:09:56 AM
No profit nor loss. I trade and lost a lot of money. but luckily with a few ico that i bought helped me x3 x4 its properties

oh not value then but it's "properties" right !

Next you will be calling something that charges interest and fees something like a lightning network hub instead of using the word bank mr
words smith.

314  Bitcoin / Bitcoin Discussion / Re: After 3 months, what do you have? on: March 16, 2018, 01:58:39 AM
"After 3 months, what do you have?"

Well after two months my useless fiat paper will buy me three times the BTC that I "Lost" when I sold out at $18k because the
fees had reached $55 per transaction.

Maybe by month three I could buy back six times more coins/tokens than I sold during this "Loss" but I think the jig is up
and BTC should had hit $50k but the miners blew it for all of us due to greed.

Tatty oh boys, "buy on the dip remember"  Cheesy Cheesy Cheesy


315  Bitcoin / Bitcoin Discussion / Re: GOOGLE hasn't banned BITCOIN advertising on: March 16, 2018, 01:48:06 AM
We actually need this kind of OP's title to reorientate  people more.

Yes bro, with you all the way and I've been buying on the dip ever since bitcoin dipped below $18k
so can you give me a ride home because I am skint and you know that I am going to be mega rich one
day don't ya bro  Cheesy
316  Bitcoin / Bitcoin Discussion / Re: GOOGLE hasn't banned BITCOIN advertising on: March 16, 2018, 01:40:33 AM
shut up because we have got to blames someone instead of the development team for building a system that is
eight years old and we only just found out that it won't scale [Problem] so we needed emergency action [Reaction]
and we found the way to fix it [Solution] was to go "off-Block" using the lightning network.

Ye old "Divide and conquer" plan via the lightning network that full of banking hubs is just about to kick in so just run with it
or use miners will all be out of a job, kids will be starving and it's all the OP's fault.

Yes people read that small print because we are being stitched up which you must had noticed when fees hit $55 per
transaction but were probably too drunk on greed to notice at the time so may I present to you the lightning white paper
that's full of fog but you just need to replace the word "Hub" with banks to understand the document.

https://lightning.network/lightning-network-paper.pdf

 

317  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: March 16, 2018, 01:24:26 AM
Faith makes you successful!

Yes that must be what they are saying at the local mosque that seem to be popping up all over the place.

My, myself, well I believe in truth and facts myself and its strange but I have noticed that the more of these that
I have the luckier I become as if by magic  Cheesy

L@@K >>>>>>> https://www.youtube.com/watch?v=UYHFrf5ci_g <<<<<<<<<<
and you might find that this formula might also work for you too or you could always read this
if you like getting down to the nuts-en-bolts of what people are trying to tell you
https://lightning.network/lightning-network-paper.pdf

  
318  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: March 16, 2018, 01:13:04 AM
Not this old one again so here we go

"I am pretty confident we are the new wealthy elite, gentlemen."

This virtual money has resulted in us gentlemen driving Lamborghini's and mine is a blue one
but I can change the color on the menu and make it red if I like.

Active feedback from the controller is so, so cool and it looks so real on a 4K TV that you hardly
notice the 11k drop in the BTC price since this post was first posted.

  
319  Bitcoin / Bitcoin Discussion / Re: Is patient hodling BITCOIN is the key to success? on: March 16, 2018, 12:59:45 AM
Yeah it will be a success to all do this thing of patience.. this comes the rule of a trader that if you/we want to become a good trader “we must managed our self”..  be of good courage everyone..

Always nice to meet stock brokers and traders so all that old rubbish about "Not catching falling knifes" and "Let the trend be your friend"  has been
thrown in the bin has it now.

Can we talk "head and shoulders" now or are you seeing "Cup's-en-teapots" because the last hammer I saw was at $19k so I just
kept "Buying on the dip"

Good traders my friend are running shorts right now, don't need courage but nice try anyway.
320  Bitcoin / Bitcoin Discussion / Re: Is patient hodling BITCOIN is the key to success? on: March 16, 2018, 12:47:44 AM
Tulips don't grow fast you know like the veg we are being feed in the shops these days
that have never seen soil or the sunlight.

Hey talking of light, well here is some light being shined on the lightning network that's going to
make us all rich  Cheesy
https://www.youtube.com/watch?v=UYHFrf5ci_g

Seeing both sides of the coin is the way to profit so the slot machine players (most people here) best
look away now.
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