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3161  Bitcoin / Development & Technical Discussion / Re: Is POW systematically doomed to get a huge monster in its midst? on: July 15, 2018, 02:14:57 PM
i find it rather odd that this forum is basically the "go to" source of info on btc. and yet mods feel free to just delete any and all info on a whim.

how can accurate decisions be made when the needed info is just deleted.

agree with shelby or not, he had some useful info, as well as the useful info in the replies from others that were deleted also.

and yet the useless shitposters are alive and well.
3162  Other / Meta / Re: Where are you 'Iamnotback'? on: July 15, 2018, 12:28:23 PM
look, reading and understanding shelbys viewpoints takes a lot of time and homework on the readers part. there are no shortcuts to knowledge. sometimes you just need to put the time in and read the linked info. after all would you just blindly trust someone if he said something with no data to back it up. seems many do but thats not how trustlessness works. you need to show your work when presenting information.

sure many sheep blindly trust with no understanding of the subject (and pay dearly for their folly). but in crypto the whole point is trust is not needed. IOW understand the subject and its workings, dont just assume a particular group is trustworthy and blindly follow them.

shelby never tried to sell anything. he has repeatedly refused my offers of donations, saying to wait till he has a working product.

all he tries to do is help people save their btc investment by pointing out possible problems and to do that he needs to present the data that backs up that veiwpoint. and sure much is technical and the info needed is in many fields.

now sure he can be short, abrupt, and could make a better effort to be polite but reading some of the replies to him, especially those who dont read the links he provides.. well i can see how he could get a bit testy. not making excuses for him, he is who he is.

the laughable part of this ban? there are so many shitposters, scammers taking money, post whores upping their post counts, shillers, sockpuppets etc, they are allowed to stay. but shelby, who shares knowlede, provides interesting insights and conversations, get banned. riiiiiight.
3163  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 15, 2018, 12:39:57 AM


hey might work.. wasnt steve jobs known for asking perspective employees during their job interview if they had ever done acid?
3164  Other / Meta / Anunymint ban on: July 14, 2018, 11:51:48 AM
A warrior is out of options in this situation, he has to over magnify the truth, to make it distinguished from the lies and to bring it out from the shades and shadows.

That's bullshit.

A warrior can learn how to present ideas clearly consisely, persuasively and even forcefully rather than employing various emotional outbursts, irrelevancies and personal attacks.  Bitcoin is powerful as fuck and powerful as fuck as a disrupter of traditional systems. If you are unwilling or unable to present your ideas amongst the disrupters (meaning core developers and those kind of technical folks), then what the fuck you doing spending a whole hell of a lot of time appealing to the masses with disjointed rants....

Anyhow, if his ideas were so meaningful and great, then perhaps even a BIP or two might be productive to bring attention to those supposed important various matters and to attempt to work with out great minds within core in weeding out the good, bad and the ugly of his ideas.  

Otherwise if he is engaged in an ongoing battle against core, then it merely appears that he is attacking bitcoin rather than attempting to be persuasively and warriorly constructive (and on the right side of the disrupters).

Seems like bullshit to put banned folks like this on a pedestal, and then to proclaim that somehow they have great, wonderful, yet censored ideas, when even while he (anunymint) was posting, he was having difficulties making his ideas clear and even staying on topic, rather than devolving into continued and ongoing ad hominen lambasts.

and yet roach can post his crap all over the place and not get banned??? yet shelby gets banned?? at least shelby is trying to help people preserve their wealth.

forum is full of double standards.
3165  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 14, 2018, 11:19:23 AM
2-4 years in a drunken stupor really does just fly by.

I picked a bad time to get clean  Sad

yeah.. i stopped sniffing glue for this??
3166  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 14, 2018, 11:16:21 AM
Here's a short-list of posters that frighten me:

PoolMiner
HairyMaclairy
LastOfTheV8's
Bob
Nanobtc
MajorMax
Anon136
Theymos is (still) sort of iffy


Updated. This list is subject to change without notice.

What's so frightening about them may I ask?


ooooh another list! can i be on it too. huh huh please please Grin

ohh, wait..
3167  Alternate cryptocurrencies / Mining (Altcoins) / Re: Acorn M.2 FPGA based GPU Accelerator on: July 14, 2018, 11:06:12 AM
havent seen this mentioned (but im practically blind..) what cpu is recommended?

i ordered two 215+ and a nest card, plan is to use the nest in a 16 lane gen 3 slot with one 215+ on my onda b250 d8p, it has a pentium 4400 and ill use it for 2 amd  470s and 2 1070s, if it can handle it. the gpus will be 1 pcie lane at gen3. the other 215+ will go in a gigabyte z97 (has a celly 1340 or something) with one 1080ti at pcie gen 3 with 8 lanes, that board will also have a bcu1525.

are cpu upgrades in my future?

sorry if this has been answered; discord is a mess to find info.
3168  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 13, 2018, 10:08:03 PM

What should I buy, the trezor https://amzn.to/2NdhnKE or save some money and get this keypay wallet https://amzn.to/2ulIMmQ ?


trezor.
3169  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 11, 2018, 08:41:23 PM
At Wex (formerly BTC-E) BTC price touched $9,000 totday. Someone recognising true potential?

of wex's imminent implosion. yep.

mtgox 2.0
3170  Bitcoin / Development & Technical Discussion / Re: Is POW systematically doomed to get a huge monster in its midst? on: July 11, 2018, 11:05:29 AM
Well I have a Cherokee Jeep.

another XJ guy. cool  Grin
3171  Bitcoin / Development & Technical Discussion / Re: Is POW systematically doomed to get a huge monster in its midst? on: July 11, 2018, 10:59:10 AM
Dude, wakeup, there is no TRB fork.

for want of a better term, there are two coins existing in the current core chain. legacy coins (trb/satoshi/whatever you want tot call them) and segwit coins. sooner or later there will be a split to separate legacy coins out.
It is absolutely nonsense! Why should anybody suggest such a two-in-one perception at all? Why not n-in-1?.

And why should such a split occur at all and how is it going to convince people, economic majority or even a noticeable economic minority about stealing funds from SW transactions by miners for the god sake?

right now the chain core is on and the chain that trb/satoshicoin/whatever is on are the same chain. splitting it out is trivial. being here since 2011 i have seen vast amounts of fud, greed, lies, power grabs, misdirection, you name it. the amount of forks is ridiculous and any fork that can enrich some group (even by a seemingly small amount at the time) is pretty much inevitable.

i am not telling you to use any particular chain, coin or address format. thats totally up to you. i do recommend you do your own research in such things. and never underestimate power or greed.

you have the freedom to use and store coins in any way or format you wish. as i and anyone else does.
3172  Alternate cryptocurrencies / Mining (Altcoins) / Re: Acorn M.2 FPGA based GPU Accelerator on: July 11, 2018, 10:28:10 AM

good info (to start with anyway).

at least i can start basic planning. looks like iwill have to bring my old z97 miner board out of retirement and move a couple cards from the onda b250 d8p (with its pcie x1 slots) over to take advantage of the z97s pcie x4/x8 slots. the bcu1525 will also go into the z97 board, so the z97 would have come out anyway.
3173  Bitcoin / Development & Technical Discussion / Re: Is POW systematically doomed to get a huge monster in its midst? on: July 10, 2018, 12:05:37 PM

I believe you do not understand the situation? If the "Satoshi miners" start their "attack" there would be a chain split to Bitcoin and TRB. In the Bitcoin chain, everything will continue as normal. In the TRB chain, your coins stored in a Segwit address can be taken from you. I do not want that. I want to dump my TRB for Bitcoins as an extra bonus from the split, the same as my Bitcoin Cash and Bitcoin Gold bonuses. Hahaha.

I believe you are brainwashed.

Dude, wakeup, there is no TRB fork.

for want of a better term, there are two coins existing in the current core chain. legacy coins (trb/satoshi/whatever you want tot call them) and segwit coins. sooner or later there will be a split to separate legacy coins out. no matter which wins, and no matter which you support, the fact remains you can sell the ones you dont like for coins that you do like. and legacy addys are the lowest common denominator. legacy gives coins on each. segwit on one. even if you just plan to sell the satoshi/trb/whatever coins for core coins, you still get more coins to sell by hedging your bets and using legacy for long term hodl. so it seems an easy strategy to hold long term hold coins in legacy at this point.

hedging bets is part of crypto, or at least thats my stratagy and it has served me well to this point. we are in a new space, running beta software, and splits happen. trusting no one is the whole point of bitcoin. and its up to the individual to take the security of their coins seriously. each must make that decision based on their own criteria. there is no hand holding here. #DYOR
3174  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 09, 2018, 10:58:05 PM
There are some scenarios where it makes sense to borrow for depreciating stuff as well - it becomes a sort of a rental then. A car is one example. There is no way I'd spend $25k of my own money and I really don't wanna drive a $5k clunker because my time has value too. So I "rent" it for $200 a month or so. Will not build any equity in it but I don't care, it's not an investment.

Blah. Used car: Invest in a set of tools and the ability to read and you can get that 25k car for a few K tops. My newest car is a 2002, 2001, 95,87,86,68. Why in the name of heaven would I want a new car?

my wrenching days are far behind me. brakes fluids filters tuneups are about all i wish to do now. my time is worth more than what it would take to do any repairs and maintenance beyond that.

and in the sticks dependability is all. so i buy new and get 100,000 mile "everything included" warranties. once it hits that (say 5-6 years) the new vehicles have so many new features and tech its worth buying new again. repeat as needed.

i still do stuff on an old jeep thats my wheeling mobile, but thats pretty easy to work on. and its a hobby mobile, not a daily driver thats absolutely needs to get me from point a to point b when i need it.
3175  Other / Meta / Re: Mod, please check new plagiarism: Reporting copy/pasting, please permban on: July 09, 2018, 07:18:34 PM
this post
https://bitcointalk.org/index.php?topic=6825.msg41847866#msg41847866

What if he died in a car accident? Whole economy has 370kBTC less...
But if he's alive, I'm pretty sure that he sold most of his bitcoins already.

is a copy of this post in the same thread
https://bitcointalk.org/index.php?topic=6825.msg100735#msg100735

What if he died in a car accident? Whole economy has 370kBTC less...
But if he's alive, I'm pretty sure that he sold most of his bitcoins already.

also reported to moderator.

EDIT : corrected links
3176  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 09, 2018, 02:15:56 PM
It was surreal. But I was naive. I really thought on some level maybe we could sustain that. I just hated the idea of selling too much. Live and learn, I say.

That's the thing that sucks though. If you are a true believer that long term Bitcoin is a better form of money than fiat, then selling a huge amount just to profit from a bubble feels awful. Especially if you sold it to fund something that is not deflationary. You'll likely not rebuy that Bitcoin back or even reinvest your gains, which defeats the whole point. And you enable the whales to win again, the rich get richer.

long time holder here (2011) and i sold some on the dec 2017 run up, it was too hard to resist not taking some profits off the table. i used it to do some house upgrades and get a few new toys.

yes i believe in what bitcoin represents; the new way of storing value, security and money in general. i wouldnt have held the bulk of my btc this long if i didnt. but taking advantage of its price rise here and there, well, nothing wrong with that imo. its nice to enjoy the benefits on occasion.

3177  Alternate cryptocurrencies / Mining (Altcoins) / Re: Gigabyte WindForce repair kit on: July 05, 2018, 01:04:04 PM
very simple and clean.

this makes the card 2.5 slots wide?
3178  Alternate cryptocurrencies / Mining (Altcoins) / Re: Gigabyte WindForce repair kit on: July 05, 2018, 11:39:54 AM
this should be moved to altcoin mining (youre in the btc mining section, its all ASIC in this one). move it here:

https://bitcointalk.org/index.php?board=160.0

looks interesting, can you show a pic of just the adapter without fans?
3179  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 04, 2018, 04:50:25 PM
I agree that it is interesting how each of us has differing factors, and even differing entrance points that change how we weigh the factors.  I recognize that even with miners there is a certain speculative aspect, and sometimes the variations in speculation can provide some explanation to the seemingly exponentially increasing hash rate that does not necessarily correlate with BTC price.  So, some miners, even smaller players, have greater abilities to cushion themselves from volatility or to speculate that even if there are periods of mining at low profits or even a loss, that future prices could more than make up for the low profits/loss periods.  Also, some experiential aspect of mining can cause someone to want to continue to mine and to contribute, learn and interact with the crypto space, even though strictly speaking there could be more profits (and mobility/liquidity) from merely buying the various coins instead of mining them.  Further, hahahaha.. the lottery aspect of mining a variety of coins in which some of them could upwardly explode and to off-set the costs/losses of mining some of the other coins. 

i like tinkering with electronic stuff, been building PCs since the 90s or so. and mining (as a hobby), while not for everyone, does have some advantages, like mine a new coins that are not on the main (read: more or less trustworthy) exchanges yet. since my rig is paid off i can play around with the different alts at bit. although mostly i mine to the most profitable (for example mainly eth at the moment) and exchange all of what i mine for btc, with some coins that i think may go up more relative to btc in the near(ish) future i will sell enough to pay electric and keep the rest for speculation. if it goes up, exchange to btc, if not oh well it was house money anyway.

its fun being in crypto. totally new concepts that could be game changers, cool toys, drama that is occasionally interesting, learning new things, maybe make some money. what could go wrong heh. and we get to play in this space.
3180  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 03, 2018, 02:28:50 PM
i spent coins early on whenever i had the chance just to support the ecosystem and support vendors who accepted btc. at todays prices i dont even want to think about the value of the coins i more or less blew just to support the ecosystem, but i dont regret it a bit. after all its we who are proving the value of btc. we need to prove it "just works." to me that btc was well spent.

Regarding your substantive point, cited above, I have pretty much maintained a system in which I replace any bitcoins that I spend, and even though I don't go out of my way to spend bitcoins, if I find an opportunity to spend them that does not seem to be too much of a burden, then will soon thereafter replace any spent bitcoins.  I was a lot more adamant and nervous to replace them right away in the early 2014 to the early-to-mid 2016 time period when I was engaging in a lot more BTC accumulation (largely establishing my BTC postion - at least up to late 2014 and a kind of maintenance of BTC holdings thereafter). 

These days a remain a lot less nervous about immediately replacing any BTC that I might spend, but I still attempt to reasonably plug the dollar amounts of any spent coins into my authorized buy back amounts.  So for example, let's say that I go out and I see a 5% discount on a $1,000 product, if I buy with bitcoins (only way to get the discount is with bitcoins).  I would be like "wow", that seems like a decent enough incentive for me to spend some bitcoins.  Therefore, I spend $1,000 in bitcoins to buy the product, with a $6,300 exchange rate. (actually, 5% means that the seller is giving me the equivalent of $315 extra for my BTC ($6,300 x .05), which is $6,615. 

In the 2014-2016 period, I would nearly immediately lock in the 5% profits by buying back BTC immediately around $6,300.  These days, I might let the profits ride a little bit.  Therefore with the $1,000, for example, I might set buy-back orders at $100 increments, or some other reasonable ladder down the chain.. So maybe I conclude that $6700 is about as low as is reasonable in our current BTC trading range so I would set about 6 buy orders of a bit larger than $1,000 ($1,000/6 = $167)... maybe around $200 for each buy back order at $6,200, $6,100, $6,000, $5,900, $5,800 and $5,700) .. so if all of the orders fill, I end up buying back around $1,200 worth of BTC for the $1,000 that I spent.  One other tip is that I would not set my buy back orders exactly at the round numbers of the $100 increments, but instead set the orders a bit above the $100 increments in order to increase the likelihood that they will fill and not reverse just prior to filling at the round numbers where everyone (including BIG whales) tend to quickly set their attempts at BTC price manipulation orders.

i had been a btc miner (around 2011-2013 or so when gpus could do it), not a buyer, of btc, although now i occasionally also buy some. so it was more or less like continuous dollar cost averaging buying. so the coins i mined back in the day (which is the bulk of my current stack) i never replenished as i spent them back then. i mined new ones anyway so i was spending profit, and just wanted to test and use the new ecosystem.

replenishing coins sold with new ones is the best way for most people looking to build up their stash while taking advantage of btcs strengths for purchases. your strategy is a good one. currently i mine alts with gpus and exchange them for btc so i still replenish btc although its not much.

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