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3241  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 19, 2018, 01:18:29 AM
I could be ((( d_eddie ))) for all you know, or half-asian (Thai mom), or black or Inuit - well, I admit the latter's unlikely, but I could be. I guess you see what I mean.

I dunno... you look kinda ... Beijoran to me. Or something. Not that there's anything wrong with that.
3242  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: April 19, 2018, 01:03:55 AM

3243  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: April 19, 2018, 12:56:50 AM
BCH upgrades are hard forked for everyone

Which is of course what enables BCH to avoid the big giant gaping security hole that The SegWit Omnibus Changeset dug for itself.

Incorrect Bitcoin is just as secure as ever you just have a choice you are not force fed whatever the devs come up with if you like if fine upgrade if you don't then fine don't upgrade you won't be penalized and kicked off the chain

Just no. The ugly hack of implementing segwit through a so-called soft fork is what has irredeemably broken the Bitcoin security model. In several vectors, as explained upthread.
3244  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: April 18, 2018, 05:44:52 AM
BCH upgrades are hard forked for everyone

Which is of course what enables BCH to avoid the big giant gaping security hole that The SegWit Omnibus Changeset dug for itself.
3245  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: April 18, 2018, 04:18:28 AM
any modifications to the signature data automatically changes the security model

So you are conceding that segwit has irrevocably changed the security model of BTC. Got it.
3246  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 18, 2018, 04:04:29 AM
There a couple of possibilities here.  

We either have a minimum standard of behaviour (no genocide allowed) or we can fork the thread.  I don’t doubt our good moderator has the best of intentions but it is embarrassing to be associated with some of this stuff, even if only anonymously.  Ain’t nobody got time for Stormfront Word Salad. 

3247  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 18, 2018, 04:01:54 AM
Racism is illegal? Despite our problems, I'm often glad I live in America, where at least we have truly free speech.

Whoa there, little buddy - I think you've overshot the mark.

agree with jbreher that you are way out of line.
 there is a very interesting "debate" going on in Australia at the moment where a famous sports player has said because of his religious beliefs he must speak out about homosexuals and how bad they are. Those with much saner minds have pushed back at what he has said including the top referee who is openly gay.  You cannot be racist or anything else just on the grounds that you can say things because you have the right to free speech. What you say should have consequences. There is a famous saying that Kennedy used and I am sure he was a very patriotic President and a supporter of free speech in America. " The only thing necessary for the triumph of evil is that good men do nothing."

Thanks, but... You seem to be agreeing with me without understanding my point. Which is: that there are very real limitations upon free speech in America which disqualifies it as 'truly free speech'.

As exhibit A, I give you: National Security Letters
3248  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: April 18, 2018, 03:48:18 AM
There was nothing more to say regarding the above I said my opinion

So you concede the points. All can safely consider your claim debunked, dispatched, and discredited. Duly noted.

Quote
(i)f he was so confident that BCH would topple Bitcoin he would sell it all.

If anyone was confident that BCH would topple BTC, it would be irrational not to convert all their BTC into BCH. Right?
3249  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 18, 2018, 12:40:37 AM
Racism is illegal? Despite our problems, I'm often glad I live in America, where at least we have truly free speech.

Whoa there, little buddy - I think you've overshot the mark.
3250  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 18, 2018, 12:31:00 AM

So, what's the alternative to capitalism in your book? Cause I don't see anything wrong with it. It's the only system, if unobstructed, that self-regulates. Everything else is artificially steered by humans, humans that are inherently incapable of seeing the bigger picture of all the interactions in a system as complex as our planet. And so far I haven't even read about anything that comes even remotely close to capitalism.

Democracy on the other hand... is just the opposite extreme of authoritarian regimes and ultimately not much different.

Capitalism self-regulates just fine in some cases, like it will determine the number of barbershops in a town. But there are other cases: bank runs, monopolies, etc.
Bank runs are only a problem because banks lend out 50 times more than they have.

Monopolies in capitalistic systems, that are not enabled by the force of law are by definition the most beneficial state possible. The only way they can remain a monopoly is by giving the people superior value.
(reply to Phil_S)
3251  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 18, 2018, 12:24:56 AM

Haha. That's funny.

Who decides? Vitalik?
3252  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Gold : Make Bitcoin Decentralized Again on: April 18, 2018, 12:10:04 AM
folks there is a photo on twitter said that BTG soon on Gdax is that even possible ... ??

Ha. Haha. Hahahahahahah.
That's rich.
3253  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: April 18, 2018, 12:08:27 AM
Bitcoin cash has been rumoured to have viruses in its wallet

Of course, this being a decentralized, permissionless system, there is no 'the' Bitcoin Cash wallet. Which specific Bitcoin Cash wallet is _rumored_ to have viruses?

Quote
the wallet is centralized Under government control.

Evidence? Any?

Quote
The bcash coins are completely under the control of roger ver

Evidence? Any?

Quote
he wishes to destroy Bitcoin with the tactics of manipulating the users..

Seems awfully unlikely to me. Any evidence?

Quote
beware roger ver controls over 50% of bcash coins

So of course, you have a listing of his wallet addresses so you can back up your claim. Hint: here is where you back up your claim by providing a list of Roger Ver's BCH addresses demonstrating ownership of over 50% Bitcoin Cash. Right?


will be interesting to see if this troll can have any comment that includes some proof.  I will not hold any breath waiting though..

As a non believer in BCH this may come as a surprise  to you but most of these claims so seem to be false

1. Yes there will be some wallet somewhere that does contain viruses but the dominant full node is virus free
2. The wallet is not under government control but the heart of BCH is under control of the one's financing it
3. I wouldn't say the coins are completely under the control of ver, nChain (Wright), coingeek (Ayre), and bitmain (Wu) control a huge share too
4. All BCH holders wish to destroy bitcoin as they see BCh as being bitcoin
5. As stated earlier I doubt ver controls 50% of coins maybe 10-20% along with his buddies but I would guess between Ver, Wright, Ayre, Wu combined that they could quite easily control at least 50% of all circulating coins

So you already admit to 1, 3, and 5 being unsupported by evidence.
For number 2 - no evidence supplied. Put up or shut up.
4: False. While I view BCH as The One True Bitcoin, I would not want to see it destroyed. Further, it would be detrimental to my finances for even BTC to be destroyed. From public statements, he (Roger Ver) also holds a lot of BTC. Accordingly, him seeking to destroy Bitcoin would be irrational - whether BCH or BTC.


Hey tek: did you just miss this post?:


Finally. We get to something concrete and debatable. Thanks.

Quote
Yes they are proposals nothing more I'm not saying that any will be adopted just that their is a chance

Exactly. Three people met and discussed what -- if anything -- to do about malleability. The outcome: nothing at this time. Slight preference for MalFix, but no consensus.

True, one of the participants was the individual who currently leads the market-leading client implementation. Was he the holdout? Who knows? Doesn't matter.

But you fail to support your claim that MalFix would result in Bitcoin Cash abandoning Bitcoin's tried and true security model. Again, put up or shut up. You may just be parroting my observation that The SegWit Omnibus Changeset has caused Bitcoin Segwit to abandon Bitcoin's tried and true security model. But you seem to fundamentally misunderstand Bitcoin. For it is not the separation of sig from tx within The SegWit Omnibus Changeset that has abandoned Bitcoin's security model. Rather, it is the misguided abortional crude hack of pretending that an anyonecanspend tx is anything other than exactly that, which has opened post- SegWit Omnibus Changeset Bitcoin Segwit to a myriad of new attack vectors.

Go sharpen your pencil and get back to us.

Again, until you provide some evidence, all can safely consider this claim debunked, dispatched, and discredited.

Quote
As for Bitcoin Cash users won't accept being forced into a new system the whole premise of Bitcoin cash is users nodes don't matter only mining nodes matter

Again, you fundamentally misunderstand Bitcoin. Non-mining, fully-validating clients (often misrepresented as 'full nodes') have no power to effect the network itself. This is true whether discussing Bitcoin Cash, Bitcoin Segwit, or any other PoW satoshi-pattern cryptocurrency. Miners have the power to enact any change they want to - or the majority thereof does. This power is counterbalanced only by the power of users and holders to abandon any chain that does not implement the characteristics they desire. In contrast, the only power non-mining, fully-validating clients possess is to divorce themselves from the network. Period. Other than suiciding themselves, they do not affect they network in any way.

The above is true regardless of Bitcoin Cash or Bitcoin Segwit. For better or for worse, this is the system satoshi bequeathed us. True, miners are likely to use such chain abandonment as a signal of user/hodler displeasure. However, they are fully aware that such non-mining, fully-validating clients are subject to Sybil attacks. The only non-Sybillable resources are mining power and Bitcoin ownership, which is what makes the system work to begin with.

Quote
so you will get forced if the exchanges upgrade and the miners upgrade the users are forced to either upgrade or sell taking huge losses

Exactly - and exactly identical for Bitcoin SegWit as for Bitcoin Cash.

Quote
The only reason BTC users can have a say is the users run the majority of the nodes therefore the miners etc won't switch as it's not in their interest to mine something the vast majority of users define worthless

No. Non-mining, fully-validating clients are the only entities in the system subject to Sybil attack. While they bring benefits to their owners, they do nothing for the network itself. They are merely a Sybiled proxy for economic power. Again, this is exactly identical for Bitcoin SegWit as for Bitcoin Cash.

Still waiting on your rebuttal. Since days.
3254  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: April 17, 2018, 07:02:17 PM
Bitcoin cash has been rumoured to have viruses in its wallet

Of course, this being a decentralized, permissionless system, there is no 'the' Bitcoin Cash wallet. Which specific Bitcoin Cash wallet is _rumored_ to have viruses?

Quote
the wallet is centralized Under government control.

Evidence? Any?

Quote
The bcash coins are completely under the control of roger ver

Evidence? Any?

Quote
he wishes to destroy Bitcoin with the tactics of manipulating the users..

Seems awfully unlikely to me. Any evidence?

Quote
beware roger ver controls over 50% of bcash coins

So of course, you have a listing of his wallet addresses so you can back up your claim. Hint: here is where you back up your claim by providing a list of Roger Ver's BCH addresses demonstrating ownership of over 50% Bitcoin Cash. Right?
3255  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2018, 05:56:34 PM
I once had a Math teacher that insisted that linear functions are any line, not just straight lines. Not sure if he was retarded or if he just didn't like my attitude. Probably both.

To a geometricist, all lines are straight. If not straight, it is not a line, but a curve.

Or a function. You payz yo money, you makez yo choice.
3256  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2018, 05:52:50 PM
Giving up US citizenship for something like NZ citizenship is one obvious route. 

Sorry, no. You need to take the exit tax hit.
3257  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2018, 05:52:01 PM
You can take the foreign earned income exclusion which is about $102k if you are outside of the US for 330 days out of the year.

The thing is, that's different from capital gains tax...no exclusion there.

I have tried every avenue to turn my bitcoin capital into income. My original idea was to give/loan/etc. my bitcoins to a foreign company in Turks & Caicos (allows for a single owner of a company, 0% capital gains and income taxes).

But there is a law in the US where if you have over 10% ownership in a company and they sell any capital, you have to pay taxes on it as if you yourself sold that capital.

I considered a Charitable Remainder Trust that allows you to put your money into a trust with a certain amount going to a charity upon your death with the rest held by the trust and you can earn income from that. But with that you have to hand over control of all of that money to another entity to invest with no input from you. Part of your investment would be held for the charitable contribution.

Instead I am just hodling until the US collapses. I can cash out (spend) about $37k of my bitcoins each year and pay no taxes. I am a minimalist so that is plenty for me.

All true. But I been tellin' all y'all. Since years now. Puerto Rico. It's a place. Its citizens are US citizens. They pay no federal income tax.
3258  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2018, 05:33:55 PM
You can’t tax robots because the jobs aren’t going to “robots”, the jobs are going to software.  

The answer is to skill up in skills needed by the automation software industry.  If you cant beat them, join them.  

That might buy a generation. The problem situation, however, is looming large, near, and seemingly inevitable.
3259  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 13, 2018, 09:46:58 PM
Don't invest more than you can afford to looose.

You trollin' me there, Elwar?

( <--- see sidesig )

Knock it off or I'll sic boxxy on you.
3260  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 13, 2018, 06:39:00 AM
There was someone at work living in his office for two weeks before anyone noticed.  No one cared except HR.  They seemed to think it set a bad example.  He was getting a lot done.

I ain't necessarily proud of what i had to do in my youth.
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