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321  Alternate cryptocurrencies / Altcoin Discussion / Re: The Ethereum Paradox on: April 30, 2016, 09:45:12 PM
Even if you could force the external entity to declare the full lineage of the input data (i.e. 100% dependently typed), that would require that the scripting can't be programmable, i.e. the external I/O capability would be eliminated. If you don't understand why, please go learn about the typing systems Coq and Epigram.

I just came again across this initiative
http://www.idni.org/

like much of the discussion in this thread,
it occupies the higher stratosphere of crypto-related theory,
but as much as I'm able to make out of it, it endeavors to steer
clear of many pitfalls that have been explored here by employing
purely functional language "that contains a blockchain support built-in"

They are trying to apply 100% dependent typing to a distributed database by limiting the universe within which a script resides to a family of rules:

http://tauchain.org/tauchain.pdf

This means the programmability of that universe ("locally, not the network" meaning they also can't control external I/O) is limited to the permutations of the rules (which must not be unbounded, else it is Turing complete and thus no longer dependently typed). These universes won't be able to talk to each other unless by intepreter universe which speaks both families perhaps.

Some where the programmer will bump into a limitation that can't work. This is why Haskell MUST have the UnsafeIO class.

The fundamental issue will not be ameliorated by any design. I am not that worried about external failure, for as long as the external failure can be attributed to using a certain set of external logic (and thus not kill the block chain system's perceived value and thus not kill the Nash equilibrium). We need to think about how externalities will integrate with the programmable block chain.

I am really not ready to research that. I have other more important things to work on first.

The point is that scriptable block chains are something that won't mature and become a real adoption market until after many years from now (perhaps decades). The wild price rise of ETH is much too premature and purely hype.

Hi I want to ask you about tauchain, im quoting this post since you mentioned it here.

Can you explain this in layman terms? Im not a coder but I like to know what im investing into, and I have managed to understand the point of everything I've invested into but this tauchain thing is too tricky.

While I learn about it I want to know if this is competition for Ethereum and Maidsafe or it's a third different thing?

Do you think it's a good long term investment that may eventually blow up so getting some "just in case" makes sense?

Do you think that it will get a sooner-than-expected big pump like Ethereum and Maidsafe did due being a project that's at least interesting (just like those 2) as opposed to most of the altcoins which are crap?

Let me make it simpler. All the coins mentioned above will fail. Only own them for the P&D gambler's gains.

Summarizing all detailed arguments for layman is something on my future todo list. I really don't think you are going to understand unless we have a 1 month lecture series that every speculator needs to pass with a grade of at least a B. For example, how do I explain esoteric computer science topic of "dependent typing" to a layman  Huh
322  Economy / Economics / Re: Martin Armstrong Discussion on: April 30, 2016, 09:36:58 PM
Granted you may be actively trading and planning on stopping out before taking a big loss, sure, but that whole approach is still not really "risk averse" as I would consider the term (in the sense of owning 25% metals, 25% land, etc.)

Correct, because stop losses are losses. They are not diversification.


Anyone who is risk adverse would have a portfolio of something like 25% physical cash, 25% metals, 25% land/rental properties, 25% btc.

Anyone who has more than 25% of their liquid network in crypto (and the rest in instantly illiquid assets such as gold, cash, and land since governments routinely cancel cash, apply capital controls to gold, and can raise taxes egregiously on land causing buyers to run away) at this stage of the imminent global liquidity squeeze as interest rates rise and with the risks of CC failure due to centralization, is either very poor already and gambling with lunch money, or is a high stakes gambler and not a prudent investor.

Stocks and bonds are out of the question right now

US stocks are one of the best and most liquid investments one can make for the timeframe through the end of 2017. You gain the benefit of a US dollar that will rise ~30% over that time frame compounded by a 50 - 200% rise in the stocks as the rest of the world piles into these two safe havens (dollar and US stocks denominated in dollars). The justification was explained in my upthread posts (which link off to the Martin Armstrong thread in the Economics forum which has more detail).

AAA-rated USA corporate bonds are also a similarly phenomenal investment right now for the same reasons. Governments' bonds should be avoided like the plague.

Edit: my subsequent post contemplates that the SLINGSHOT move may be delayed another 1.5 years depending on outcome of BREXIT vote.
323  Alternate cryptocurrencies / Altcoin Discussion / Re: The bottom will drop out of the alt market soon on: April 30, 2016, 09:24:31 PM
Granted you may be actively trading and planning on stopping out before taking a big loss, sure, but that whole approach is still not really "risk averse" as I would consider the term (in the sense of owning 25% metals, 25% land, etc.)

Correct, because stop losses are losses. They are not diversification.


Anyone who is risk adverse would have a portfolio of something like 25% physical cash, 25% metals, 25% land/rental properties, 25% btc.

Anyone who has more than 25% of their liquid network in crypto (and the rest in instantly illiquid assets such as gold, cash, and land since governments routinely cancel cash, apply capital controls to gold, and can raise taxes egregiously on land causing buyers to run away) at this stage of the imminent global liquidity squeeze as interest rates rise and with the risks of CC failure due to centralization, is either very poor already and gambling with lunch money, or is a high stakes gambler and not a prudent investor.

Stocks and bonds are out of the question right now

US stocks are one of the best and most liquid investments one can make for the timeframe through the end of 2017. You gain the benefit of a US dollar that will rise ~30% over that time frame compounded by a 50 - 200% rise in the stocks as the rest of the world piles into these two safe havens (dollar and US stocks denominated in dollars). The justification was explained in my upthread posts (which link off to the Martin Armstrong thread in the Economics forum which has more detail).

AAA-rated USA corporate bonds are also a similarly phenomenal investment right now for the same reasons. Governments' bonds should be avoided like the plague.

Edit: my subsequent post contemplates that the SLINGSHOT move may be delayed another 1.5 years depending on outcome of BREXIT vote.



Interest rates may or may not matter to Venture Capitalists , but it does matter to individuals that can think and want a profit while keeping their principle intact.  Smiley

Only an idiot would believe a checking/savings account is a safe place to keep money right now.

Those so-called idiots outnumber your VCs and they are risk averse.
They will trust their cash in a mattress before BTC.
And they will determine if BTC ever reaches true Utility.  Smiley
BTC has still got years of Public Relations efforts to go thru before the majority of the public trusts them.


 Cool

And the governments can clamp down on BTC at any time using capital controls on the exchanges, because if the most of the world doesn't accept BTC unless they can immediately convert it to fiat as has been explained upthread by smooth (e.g. Bitpay, etc), then BTC becomes an illiquid asset once the government issues capital controls. BTC is not immune to government action (especially G20 coordinated action) because BTC is not a widespread unit-of-account.

However, BTC has apparently become the unit-of-account of crypto-gambling, but it is not yet certain if the demand for that will remain if people no longer believe they can cash out to fiat unfettered when they want to, and the risk of CC failure due to centralization is a big factor that would cause speculators to be hesitant about thinking they could HODL/gamble in BTC long-term until capital controls cease.

This is my goal is to fix the centralization problem with my CC design and also I am going to make CC a very popular unit-of-account for social network payments. But first I am creating a new programming language, then I have to create the social network, and then finally the CC, so hell may freeze over before I am done.  Undecided

Note I also contributed the key technical insight[1] into how to make decentralized exchange work so it can't be jammed.

[1] Find my posts in this thread and note that TierNolan is one of the original inventors of the DE protocol, but it had a jamming flaw until I fixed it: https://bitcointalk.org/index.php?topic=1364951.0
324  Alternate cryptocurrencies / Altcoin Discussion / Re: [neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? on: April 30, 2016, 09:13:06 PM
Looks like I have to take a 2-3 month diversion to create my own programming language that can compile to Javascript. The programming language would be rudimentary in its first incarnation, compiling only to Javascript and no other tools such as no debugger (can use the Javascript debugger). I am working on the LL(k) parser grammar now...

Progress:

https://users.rust-lang.org/t/design-patterns-for-composability-with-traits-i-e-typeclasses/5569/57 (read the post and the subsequent one in the linked thread)




Interest rates may or may not matter to Venture Capitalists , but it does matter to individuals that can think and want a profit while keeping their principle intact.  Smiley

Only an idiot would believe a checking/savings account is a safe place to keep money right now.

Those so-called idiots outnumber your VCs and they are risk averse.
They will trust their cash in a mattress before BTC.
And they will determine if BTC ever reaches true Utility.  Smiley
BTC has still got years of Public Relations efforts to go thru before the majority of the public trusts them.


 Cool

And the governments can clamp down on BTC at any time using capital controls on the exchanges, because if the most of the world doesn't accept BTC unless they can immediately convert it to fiat as has been explained upthread by smooth (e.g. Bitpay, etc), then BTC becomes an illiquid asset once the government issues capital controls. BTC is not immune to government action (especially G20 coordinated action) because BTC is not a widespread unit-of-account.

However, BTC has apparently become the unit-of-account of crypto-gambling, but it is not yet certain if the demand for that will remain if people no longer believe they can cash out to fiat unfettered when they want to, and the risk of CC failure due to centralization is a big factor that would cause speculators to be hesitant about thinking they could HODL/gamble in BTC long-term until capital controls cease.

This is my goal is to fix the centralization problem with my CC design and also I am going to make CC a very popular unit-of-account for social network payments. But first I am creating a new programming language, then I have to create the social network, and then finally the CC, so hell may freeze over before I am done.  Undecided

Note I also contributed the key technical insight[1] into how to make decentralized exchange work so it can't be jammed.

[1] Find my posts in this thread and note that TierNolan is one of the original inventors of the DE protocol, but it had a jamming flaw until I fixed it: https://bitcointalk.org/index.php?topic=1364951.0
325  Alternate cryptocurrencies / Altcoin Discussion / Re: The bottom will drop out of the alt market soon on: April 29, 2016, 03:31:43 AM

My point is that BTC is the unit-of-account by which everyone measures their gambling success, not fiat.


not really, for the good or bad, when people say their loss in bitcoin they are mentally measuring it in fiat. they just say it in bitcoin because they have used bitcoin and lost bitcoin. you never say someone say "aww that is a lot of bitcoin you lost" they say that is a lot of money. they will all multiply it with the price and then decide how big it was.

Disagree, because the are counting the Bitcoin's future value at $10,000+ per Bitcoin. They only care they earned more Bitcoin out of the trade. Whether they compute that in Bitcoin or fiat is irrelevant, because they want more Bitcoin. If they had a fiat loss but got more Bitcoin, they are happy. Because sometimes they will have a fiat gain but less Bitcoin, which is not what they want.

Edit: a follow-up post confirming my theory:

Hmmm.  I've been gambling online longer than I'd like to admit.  I've had to use several methods over the years to get funds transferred to my gambling sites due to various restrictions in my region.  I've used everything from phone credit schemes to Western Union....So, bitcoin does have an unrecognized value here in the gambling industry.  I don't trade my bitcoin out for fiat....it's too valuable a gambling commodity!  And, I do use my bitcoin to invest in alts to increase the size of my bitcoin holding.  My bitcoin is reserved for gambling, period.
326  Bitcoin / Bitcoin Discussion / Re: Bitcoin is the reserve currency of crypto gambling? on: April 29, 2016, 03:29:02 AM

My point is that BTC is the unit-of-account by which everyone measures their gambling success, not fiat.


not really, for the good or bad, when people say their loss in bitcoin they are mentally measuring it in fiat. they just say it in bitcoin because they have used bitcoin and lost bitcoin. you never say someone say "aww that is a lot of bitcoin you lost" they say that is a lot of money. they will all multiply it with the price and then decide how big it was.

Disagree, because the are counting the Bitcoin's future value at $10,000+ per Bitcoin. They only care they earned more Bitcoin out of the trade. Whether they compute that in Bitcoin or fiat is irrelevant, because they want more Bitcoin. If they had a fiat loss but got more Bitcoin, they are happy. Because sometimes they will have a fiat gain but less Bitcoin, which is not what they want.
327  Alternate cryptocurrencies / Altcoin Discussion / Re: The bottom will drop out of the alt market soon on: April 29, 2016, 12:56:17 AM
Indeed this is what is predicted for 2017 to 2020ish. But first there will be an initial asset-wide reaction to a global liquidity squeeze when the interest rates change direction. Then the capital flight movement (from the liquidity crisis affected economies) leads to a concentration in USD, US stocks, Bitcoin, and gold and other tangible private assets will upward spiral (positive feedback loop effect) into to a bubble stampede into them. Thus the V bottom slingshot prediction.

Bitcoin is a (perceived) high risk, high reward, emerging market.  The people who are investing in Bitcoin don't care about some miniscule change in interest rates because they're chasing the high risk, high reward market anyway.

Some whales are the ostensibly debt slave Chinese mining farms. Economics 101 says price is set by marginal supply and demand intersection.

not necessarily so

He changed it to "Some whales".  Looks like he remembered people like the Winklevoss exist...

And I changed it from "The whales" before I saw his post. It wasn't remembering, it was simply re-reading and realizing I chose the wrong word.
328  Other / Meta / Re: Since the dash progress thread is just an ANN page, should.... on: April 28, 2016, 11:58:12 PM
Announcing progress on coins in a thread title (e.g. "Dash's Evolution reached a milestone" or "Dash's development progress as of April 28" where the April 28 is implicit in creating new "Dash's progress" threads every month) is tantamount to an ANN thread and thus shouldn't be allowed.  A thread title which is about discussion of multifarious aspects of a coin should be allowed in Altcoin Discussion.

Please note my edit.

The point is create one perpetual thread for discussing Dash's progress and not new threads with that same topic so as to spam this Altcoin Discussion as if it is the ANN subforum, which it is not.
329  Alternate cryptocurrencies / Altcoin Discussion / Re: The bottom will drop out of the alt market soon on: April 28, 2016, 11:48:46 PM
I mean, it's obvious why, just military dominance.

There's a lot of truth in that. London UK became the financial center of the world thanks in large part to the British Empire. And with American geopolitical predominance, history has repeated: trillions upon trillions of greenback-equivalent just keep knocking of the door of New York to be let into the American capital markets.

And here's a fun fact: when the sun sets on the geopolitically-predominant power, two aftereffects persist: 1) world-class standing in the capital markets; 2) a bloated military budget.

The shift of the military and financial capital of the world from the USA to China+Asia won't be complete until 2032.95 (thus isn't relevant to our current discussion):

https://www.google.com/search?q=site%3Aarmstrongeconomics.com+rise+of+China


330  Alternate cryptocurrencies / Altcoin Discussion / Re: [neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? on: April 28, 2016, 11:41:39 PM
iCEBREAKER you so quiet now:

https://users.rust-lang.org/t/does-rust-really-need-higher-kinded-types/5531/65

https://users.rust-lang.org/t/does-rust-really-need-higher-kinded-types/5531/51

https://users.rust-lang.org/t/design-patterns-for-composability-with-traits-i-e-typeclasses/5569/53

Kindly please read those and understand why I am not your ordinary programmer. I am in the top echelon of programmers, perhaps 1 in 100 or 1 in 1000 level.

My intuition is smooth and I are peers, although I haven't checked his code and he doesn't have access to enough of my code as well (so he may or may not have an opinion or agree/disagree, I dunno). I don't know about fluffypony et al, as I haven't studied their code nor interacted significantly with them. It is clear that Shen Noether (noblesir at Reddit) and gmaxwell are more thoroughly educated mathematicians than I am, yet it is true that I 100% independently invented RingCT (in June/July and I think before RingCT was fully cooked) and based on CCT and ostensibly fixed CCT in the process (which may be more efficient than RingCT based on Blockstream's CT). Ah still hoping to find time to clean up that ZKT whitepaper and publish it so the claims can be peer reviewed. I am proud of myself that I could achieve ZKT with my lack of formal education in cryptography, abstract algrebra, abstract geometry, and number theory.



Quote from: Bitcoin Forum
A reply of yours, quoted below, was deleted by a Bitcoin Forum moderator. Posts are most frequently deleted because they are off-topic, though they can also be deleted for other reasons. In the future, please avoid posting things that need to be deleted.

Quote
Anyone have any idea what rule ^that post^ violates?   Huh

The rule of karma.

Remember your oft employed "crying over spilled milk meme", lol.

Actually I think it is rule of the Second Law of Thermodynamics, which basically insures everything returns to random disorder eventually.

Don't try to control it man, throw out the rear view mirror and enjoy the ride.

(There is a lot more random shit coming to your well controlled plans.)
331  Alternate cryptocurrencies / Altcoin Discussion / Re: The Ethereum Paradox on: April 28, 2016, 11:02:11 PM
Blockstream begins their assault on Ethereum:


That links to Sergio Demian Lerner's blog, and he has
no relation to Blockstream AFAIK.

But he is an expert at spotting subtle (and not so subtle)
flaws, and I have no doubt this post of his will have consequences.

He is working on that Ethereum clone on the Bitcoin blockchain which is mentioned by Blockstream devs and it mentions Side Chains. They are supporting each other. I think also at one time I read something about a more close working relationship and maybe even some compensation involved.
332  Other / Politics & Society / Re: THE CLIMATE CHANGE COMMUNIST MANIFESTO on: April 28, 2016, 10:54:19 PM
While there is a body of scientific literature discussing the probability of a coming mini ice age, this is credited as existing by Armstrong, and is not predicted by him or his computers.

Yep that is my point.

As for the rest of your comments, it's up to him (or you) to back the claims made with proof.  Not my job.

Incorrect. A man without discernment is lost. You'll never have absolute proof for every decision and judgement you need to make in life. The scientific method is not absolute proof.

Your taxonomy is too strict and out of touch with reality.
333  Economy / Economics / Re: Martin Armstrong Discussion on: April 28, 2016, 10:52:11 PM
It doesn't make sense. But it is a fact. The value of dollars raised by foreign corporations via bonds that have to repaid in dollars is $10 trillion since 2008.

The Hong Kong dollar is pegged to the US dollar. The Chinese Yuan has been more or less pegged the US dollar. This policy enabled China to force all savings in China into 0 profit manufacturing. Read Michael Pettis to understand the macro economics.

What you think is irrelevant. These are the facts.

...the flight of capital to the US would send Bitcoin to the moon in the process.  I think this debunks your idea that gold and Bitcoin can be linked at all completely.  Capital flight to US assets or USD will send Bitcoin skyrocketing.  Bitcoin is the Rolls Royce of capital flight.

Indeed this is what is predicted for 2017 to 2020ish. But first there will be an initial asset-wide reaction to a global liquidity squeeze when the interest rates change direction. Then the capital flight movement (from the liquidity crisis affected economies) leads to a concentration in USD, US stocks, Bitcoin, and gold and other tangible private assets will upward spiral (positive feedback loop effect) into to a bubble stampede into them. Thus the V bottom slingshot prediction.

And gold will be also be going up as a safe haven flight asset:

QUESTION: Mr. Armstrong; At the WEC you said stay in cash not debt. You also said the stock market would dive in the first quarter the turn back up. I have followed the reversals all the way up and caught probably 80% of the move. Thank you. My question is simply are knocking of heaven’s door? Is it time to breakout or are we consolidating? I have found the Socrates preview for attendees a real asset for it has no agenda but forecasting.

ANSWER: Well put. Stay in mostly cash, far away from fixed income. Yes, we are knocking on heaven’s door as they say in the Dow. The GMW has done a pretty good job for this rally. The Daily Bullish Reversal in the Dow that is important stands at 18137.50. We reached 18167,63 intraday, but could not close about that Reversal. It is possible to break through to new highs on the cash index. However, to do so we need that daily closing just to test the former high established last May at 18351.36. We need to exceed that high here in 2016 to imply we will continue to push higher.

Nevertheless, it is never wise to ANTICIPATE such breakouts because that is how people buy the high and lose a fortune. A daily close above 18010 will help warn that we may press high for a day. Keep in mind we are at the threshold in many markets. If we press higher after April, then we can see an early rally into June/July. But lift-off still appears to be next year in almost everything.

The issue seems to be CONFIDENCE. That must crack, and when it does, this will be confirmed by the breakout in everything.



Ethereum still looks massively inflated. I would not feel comfortable holding any amount for longer than a few days.

It has been massively inflated since Day 1 of the ICO. That hasn't been relevant though.



I mean, it's obvious why, just military dominance.

There's a lot of truth in that. London UK became the financial center of the world thanks in large part to the British Empire. And with American geopolitical predominance, history has repeated: trillions upon trillions of greenback-equivalent just keep knocking of the door of New York to be let into the American capital markets.

And here's a fun fact: when the sun sets on the geopolitically-predominant power, two aftereffects persist: 1) world-class standing in the capital markets; 2) a bloated military budget.

The shift of the military and financial capital of the world from the USA to China+Asia won't be complete until 2032.95 (thus isn't relevant to our current discussion):

https://www.google.com/search?q=site%3Aarmstrongeconomics.com+rise+of+China


334  Alternate cryptocurrencies / Altcoin Discussion / Re: The bottom will drop out of the alt market soon on: April 28, 2016, 10:45:05 PM
It doesn't make sense. But it is a fact. The value of dollars raised by foreign corporations via bonds that have to repaid in dollars is $10 trillion since 2008.

The Hong Kong dollar is pegged to the US dollar. The Chinese Yuan has been more or less pegged the US dollar. This policy enabled China to force all savings in China into 0 profit manufacturing. Read Michael Pettis to understand the macro economics.

What you think is irrelevant. These are the facts.

...the flight of capital to the US would send Bitcoin to the moon in the process.  I think this debunks your idea that gold and Bitcoin can be linked at all completely.  Capital flight to US assets or USD will send Bitcoin skyrocketing.  Bitcoin is the Rolls Royce of capital flight.

Indeed this is what is predicted for 2017 to 2020ish. But first there will be an initial asset-wide reaction to a global liquidity squeeze when the interest rates change direction. Then the capital flight movement (from the liquidity crisis affected economies) leads to a concentration in USD, US stocks, Bitcoin, and gold and other tangible private assets will upward spiral (positive feedback loop effect) into to a bubble stampede into them. Thus the V bottom slingshot prediction.

And gold will be also be going up as a safe haven flight asset:

QUESTION: Mr. Armstrong; At the WEC you said stay in cash not debt. You also said the stock market would dive in the first quarter the turn back up. I have followed the reversals all the way up and caught probably 80% of the move. Thank you. My question is simply are knocking of heaven’s door? Is it time to breakout or are we consolidating? I have found the Socrates preview for attendees a real asset for it has no agenda but forecasting.

ANSWER: Well put. Stay in mostly cash, far away from fixed income. Yes, we are knocking on heaven’s door as they say in the Dow. The GMW has done a pretty good job for this rally. The Daily Bullish Reversal in the Dow that is important stands at 18137.50. We reached 18167,63 intraday, but could not close about that Reversal. It is possible to break through to new highs on the cash index. However, to do so we need that daily closing just to test the former high established last May at 18351.36. We need to exceed that high here in 2016 to imply we will continue to push higher.

Nevertheless, it is never wise to ANTICIPATE such breakouts because that is how people buy the high and lose a fortune. A daily close above 18010 will help warn that we may press high for a day. Keep in mind we are at the threshold in many markets. If we press higher after April, then we can see an early rally into June/July. But lift-off still appears to be next year in almost everything.

The issue seems to be CONFIDENCE. That must crack, and when it does, this will be confirmed by the breakout in everything.



Ethereum still looks massively inflated. I would not feel comfortable holding any amount for longer than a few days.

It has been massively inflated since Day 1 of the ICO. That hasn't been relevant though.
335  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: April 28, 2016, 10:40:06 PM
Do you watch television?  I don't, but occasionally when I somehow can't avoid it (birthday parties for example, wtf) I am truly amazed how an average human being can passively stare to such brainless crap full of commercials, for multiple hours a day. And apparently pay (!) for the privilege.

Funnily enough I haven't owned a television in about ten years, and yes completely agree.

Ditto on both points (20 years I haven't owned a TV). Seems to be an addiction that once you lose it, it looks silly in retrospect just like any other addiction.
336  Economy / Reputation / Re: Shelᖚy (TPTB_need_war) Psychoanalysis. Smartest Man in the Altcoin Discussions? on: April 28, 2016, 10:31:14 PM
It is interesting to note how men relate to each other. We don't allow another man to have a position of superiority unless we identify him as an alpha-male who we can trust to lead and accomplish what we want (and also we prefer if he appears to be humble so that our attention isn't focused on his superiority in a particular field or if we can pigeonhole his superiority to one field and maintain in our own ego that he is not superior in all fields).

Some relevant essays:

http://esr.ibiblio.org/?p=1404 (Ego is for little people)

http://esr.ibiblio.org/?p=3000 (about beta-males versus alpha-males in competition for women which determines evolutionary impact)



In movies like "Margin Call", which is a pretty accurate representation of our civilization, the smartest people tend to be involved in creating Rube Goldberg financial products to siphon wealth from the majority.

Because that is the easiest way to become filthy rich. And little people with big egos feel that money is their most important achievement.

Some few of us realize that most significant accomplishments require extensive sacrifice and hard work over a long period of time. But if it is a labor of love, then it fit those of us who want a more difficult challenge. Genghis Kahn would be a prime example, and I've read some statistic that something on the order-of-magnitude of 1 in every 5 people have his genetic code because he fathered so many children. The hard work was the wars he waged to unify Mongolia and advance the economy of his people by doing so.

Edit: I am not referring to Vitalik in either case above. He is smart math geek who got in over his head and is more like a kid in a candy store and fantasizing about technology but doesn't have enough experience yet to see the pitfalls in advance.
337  Alternate cryptocurrencies / Altcoin Discussion / Re: [neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? on: April 28, 2016, 10:17:47 PM
About my IQ or rarity, and my personality.
338  Economy / Reputation / Re: Shelᖚy (TPTB_need_war) Psychoanalysis. Smartest Man in the Altcoin Discussions? on: April 28, 2016, 10:10:23 PM
No possible doubt Shelᖚy is the smartest Man here. Absolutely no doubt his IQ is over 150.

The strange thing about him is that he's an EXTROVERTED GENIOUS, and it's very difficult for these two words to coexist in harmony:

As any other genious, Shelᖚy doesn't care and hates vulgar things from "inferior" people (althought he doesn't say it in public).

The "problem" is that he has an extroverted nature: he needs attention from others, he wants to share things with people, he needs appreciation from people.

And when this two concepts coexist together, the result is an individual as Shelᖚy: A genious that tries to communicate with other people but most times cannot do it because of the notorious "level" difference. Then, when he cannot communicate the way he would like to, he starts getting attention by "trolling" vulgar people (he basically tells them how idiot and wrong they are, with solid arguments).

The question is how is possible for Shelᖚy to be happy (in the sense of spiritual happiness).

The project he's working on pretends to fill this impossible spirit he has. He wants to create a thing that changes millions of people, and he wants to be recognized for it. That's all.


BUT Shelᖚy, you cannot do it alone, even if you have a +300 IQ. To be truly recognized, you must get people into your cause.

WHAT IS YOUR CAUSE?

Quoted from the other thread From-Above created about me:

I can never become anonymous again. If ever I earn a lot of money, my life will be somewhat destroyed as it is improved. It would be best for me to not earn too much money. Too much money makes you a target for the rest of your life. What I'd probably do if ever I have too much money, is start giving it away to projects I believe in. On the simplification on the communication side, this is sometimes very difficult to accomplish. It consumes times and effort. For some polished documents, it is worthwhile. My knowledge of "moon math" is not as high as other experts in crypto, but it is sufficient for my role. All major crypto projects hire a mathematician/cryptographer specialist. Note I could likely have become a mathematician, but my other interests and priorities interfered with that focus. I am not a polymath genius as in a Leonardo Da Vinci, Shakespeare, or Galileo. I am more at the level of a Mark Twain or George Washington. I just have a passion for what I like to do, and I like to juggle conceptual paradigms.

Thinking about my rarity given for example my recent discovery of the solution to a previously unsolved major problem in computer science, I would suppose that in terms of rarity in the fields I show a talent for, I am some where in the realm of 1 in 1000 to 1 in 100,000 of the general population, so thus my specialized IQ is in the realm of 150 to 170. But note that the "g" of IQ is not testing for specialized talent, but rather general talent, so it is not correct to compare "g" rarity to specialized talent rarity. I have noted in other posts that my IQ tests for "g" have ranged from the 120s to 140s afaik (with the most official test occurring when I was in elementary and I was sick that day from having my eyes dilated right before the exam and also I was not at all interested in the crap they were asking me questions about). My SAT test indicates a 131 IQ but note I was a slacker and full-time middle distance track athlete, so I didn't really prepare for it. Just suffice it to say that in terms of where my interests, passions, and talent lie, I am quite rare. But aren't we all in some way?

Some more evidence:

http://unheresy.com/Essence%20of%20Genius.html (published my solution to a question on an IQ test that indicates I would score above 148 IQ on that test)

Unfortunately, your posted answer of 59 lines is wrong:-(

Please elaborate.

The general approach you take is correct of course, but you get several details wrong.
I'll give you some time to identify them yourself...


I see I did take that in account in my solution. Thus I don't see the error you allege. Please elaborate on the error you claim.

What is the maximum number of areas created with L lines?

You are counting infinite regions which are not bounded:

http://mathforum.org/library/drmath/view/55008.html

Those have no definable "area" as the question pertains. Thus I claim you are wrong and even the designers of the question are wrong if they expected your answer.

This isn't the first time I corrected the answer on an IQ test.  Wink


Edit: tromp has a high IQ. That is quite clear. And he is afaik more formally trained in math than I am. I am not going to claim I am smarter than him. IQ is overrated any way, as was explained upthread.




And supporting VultureFund's point about how I get frustrated:

TPTB, do you happen to also have Asperger's syndrome? Reading your responses makes me think of a less genius version of Von Neumann... some people can be so smart and fail to see very simple things right in front of them.

It exhibits a very low IQ to not even fathom that a developer who is focused on technological issues and is off in his programming cave focusing there, may not care about the useless shit you P&D gamblers waste your time on.

So not conceiving of that obvious scenario due to your low IQ, you would then propose the ludicrous idea that I have Asperger's syndrome, when in fact I have demonstrated in this forum and in my career the ability to communicate socially with a wide range of people.

Just because I smash trolls like yourself as I am doing in this post, doesn't mean I am anti-social. Illogical. Your low IQ is evident for everyone now.



Let me make it simpler. All the coins mentioned above will fail. Only own them for the P&D gambler's gains.

Summarizing all detailed arguments for layman is something on my future todo list. I really don't think you are going to understand unless we have a 1 month lecture series that every speculator needs to pass with a grade of at least a B. For example, how do I explain esoteric computer science topic of "dependent typing" to a layman  Huh

The ignorance is strong with this one.

Don't take advice from someone who clearly does not know what he is talking about.

A 13 year old programmer knows more than this guy.

The guy who solves a 50 year old major problem in computer science and who is designing a new computer programming language is what is known as a 1 in 50 rarity top programmer:

https://bitcointalk.org/index.php?topic=1219023.msg14715888#msg14715888

https://bitcointalk.org/index.php?topic=1219023.msg14685179#msg14685179

https://bitcointalk.org/index.php?topic=1219023.msg14698495#msg14698495

There aren't any 13 year old programmers on the planet who can match my computer science expertise. If you randomly picked 100 programmers, there is a good chance I am in the top 2.
339  Other / Meta / Re: Since the dash progress thread is just an ANN page, should.... on: April 28, 2016, 09:49:26 PM
Please add a choice to the poll:

○ No ANN thread titles in Altcoin Discussion, only discussion thread titles.

If the above poll choice suggestion, equivalent to "let every coin have a 'progress' page" + "ban progress pages that are nothing but link whoring"?

The key distinction is on the title and OP (and thus in reality the subject matter of the thread without needing to subjectively judge the subject matter of the thread). In other words, making the rule more explicit and less ambiguous yet still obtaining the same goal.

Announcing progress on coins in a thread title (e.g. "Dash's Evolution reached a milestone" or "Dash's development progress as of April 28" where the April 28 is implicit in creating new "Dash's progress" threads every month) is tantamount to an ANN thread and thus shouldn't be allowed.  A thread title which is about discussion of multifarious aspects of a coin should be allowed in Altcoin Discussion.

Also I would vote for another rule, which is a maximum of 5 threads per coin bumped per day, to discourage creating duplicate threads to spam this board. This could be automated by script if mods will tag each thread with a coin identifier.
340  Alternate cryptocurrencies / Altcoin Discussion / Re: [neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? on: April 28, 2016, 09:29:46 PM
Very interesting and fascinating insights within your postings. Thank you. When will your project approximately be released? Also many good name suggestions along the lines.

I don't have an ETA yet. See the description below of what I am trying to accomplish.

Perhaps JAMBOX the social distribution network can be released this year. The Jambits probably early 2017 if I can stay on schedule and do coding 14 x 7.

Looks like I have to take a 2-3 month diversion to create my own programming language that can compile to Javascript. The programming language would be rudimentary in its first incarnation, compiling only to Javascript and no other tools such as no debugger (can use the Javascript debugger). I am working on the LL(k) parser grammar now. Refer to the prior posts upthread on programming languages. The choice of programming language is critical to the success of JAMBOX because I am targeting both music distribution initially and more widely JAMBOX will be a mobile app platform. In other words, you won't code to iOS or Android APIs any more. You will code to the JAMBOX API. I am attempting something very ambitious and could change the entire computing world. More details will be in the crowdfunding campaign when ever I get around to doing that. I probably won't announce the crowdfunding here, because I don't want to be perceived as promoting to speculators nor planning a P&D. This will be a long-term multi-year project for me. I am creating a company, not just a CC. The CC will be open sourced and decentralized. I will not give more details now. The whitepapers will be published when I am ready.

Ransomware operators might keep some BTC too, though I doubt it is much. No one other than speculators wants BTC; everyone who uses it just seems to treat it like a hot potato.

That is why I have said the only economy where Bitcoin is the unit-of-account is the crypto gambling market.

That is why I am going to attempt to create a new microtransactions economy for CC with my JAMBOX wherein the users do not cash out and their unit-of-account are the Jambits or Jamcash. The distinction from GetGems will be there will be actual use cases that drive the users to do these microtransactions. Also I intend to solve all the scaling and centralization problems of Bitcoin, by employing my clever modification to Satoshi's proof-of-work by employing unprofitable mining with a perpetual tail block reward. The math is irrefutable, that Bitcoin's spendable supply will asymptotically trend to 0 due to lost coins. Monero and Jambits will both trend to constant spendable supply due to the tail reward. The difference is Jambits' mining will be unprofitable and mined by the millions of users. I will explain in a white paper why this will remove the tendency to centralize mining and why it will circulate the coin from the power-law savers to the spenders in a virtuous cycle that is necessary otherwise unions and socialism forms to do that job.

P.S. my health is much improved, but only because of the oregano oil taken sublingually. If I miss a dose of the oregano oil, my chronic fatigue malaise returns. Even with oregano oil, I still getting bouts of diarrhoea and I have weakness/pain in my hamstrings. My head is great (about 80% of normal). So I think this is good and sustainable. Hopefully over the months, I will finally be able to clear out the gut dysbiosis that seems to the root of my multi-year struggle with chronic illness. My sleep is still variable. Often I can only stay sleepy for 5 hours but other times I get 8 or 10 hours. That I am working so much on computer night and day is another fact. I will take a vacation for 10 days in first half of May and I won't be on the computer.

Additionally I hope everyone understands that one of my goals is to replace the web browser:

https://users.rust-lang.org/t/design-patterns-for-composability-with-traits-i-e-typeclasses/5569/55

Ambitious much.  Tongue
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