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News: Latest Bitcoin Core release: 28.0 [Torrent]
 
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361  Bitcoin / Press / Re: [2017-03-17]Ether trading overtakes Bitcoin on: March 19, 2017, 02:41:09 PM
I recall a time when everyone was all excited about Litecoin. It was used for laundering stolen Bitcoin, so it isn't at zero, but its had its day in the sun. There are others that have fallen by the wayside as the pump-and-dump crews get involved (anyone remember Fontas and his LTC pumps?)

Anyway, ETH and the BU-Forkers won't be the last. Its just funny to me how people forget how things work out in the end. Bitcoin is the incumbent, not only because it was the first "mover" in the space, but because of its inroads with exchanges and merchants. Anything trying to steal the crown has a LOT of network momentum to overcome, and needs nearly the same amount of time to trickle into the same niches that Bitcoin has so far.

I'm sure we'll survive this latest wave of useful fools chasing easy gains in other alt-coins. Its just repeating itself, over and over...
362  Bitcoin / Press / Re: [2017-3-16] Badly Activated Soft Fork? on: March 17, 2017, 02:33:27 PM
I'm tired of coin-rags with silly taglines using click-bait titles.

I don't want to read your fucking article, because you seem to write like a simpleton that does HuffPo content or runs a Yahoo message board.

User activated forks is one proposed method to break a deadlock, and it isn't even implemented - its in a theoretical form only, being debated now.
363  Bitcoin / Press / Re: [2017-03-17]Vinny Lingham Says Bitcoin Hard Fork Should be Avoided, Buterin Argu on: March 17, 2017, 02:30:08 PM
Naturally ETH's developers prefer hard forks - its the only way to make sure their turing-complete nightmare can be patched to keep it alive.

When the DAO contract that was written using their language, running under agreed rules of the system, allocated ETH to itself - the hard fork was the "OMG Stop" that the devs needed. Unfortunately, it is also the slippery slope of consensus, where any contract deemed to be "unfit" can be forked away from as well. This reduces the ETH ecosystem to a network of whims and centralized policy making.

Not to mention that any rally in ETH value means running their dAPPs becomes more expensive to use. Seems like someone didn't think about the implications of that....
364  Bitcoin / Press / Re: [2017-03-17]Ether trading overtakes Bitcoin on: March 17, 2017, 02:26:43 PM
Riddle me this, if the "gas" for Ethereum dAPPs rises, then what does that do economically to the feasibility of using ETH for anything?

Oh... that's right.... its an inverse relationship. Best of luck ETH, you're going to need it.
365  Bitcoin / Press / Re: [2017-03-14]First Block Mined With Software Not Based on Satoshi’s Original Code on: March 15, 2017, 03:46:10 PM
I call shennanigans on this one.

"Not based on..." comon... it was clearly a derivative of the original work done by Satoshi, not some clean-room engineered "new solution". So, someone ported C++ libraries to Java. Woo. I've ported code from Java to C#... big deal.

I am wary and cynical of "Bitcoin Firsts" in this arena, because they are usually paper-thin claims only used to increase PR value.
366  Bitcoin / Press / Re: [2017-03-15]Bitcoin Core Developers Attack Bitcoin Unlimited on: March 15, 2017, 03:41:15 PM
This "article" is a stinking piece of shit.

Core actually suggested fixes for this flaw, and were IGNORED. The Bitcoin Unavailable devs (yes, this is their new name - their software is a dumpster fire) are a bunch of amateurs compared to the Core team. The node-crashing flaw existed in the BU code for over a YEAR. There are MORE EXPLOITS lurking too, thanks to the BU devs sloppy implementations.

Anyone writing that Core "attacked" BU is a fucking idiot at best, and at worst -- A goddamned liar. The only thing that "attacked" BU was their own incompetence.
367  Bitcoin / Press / Re: [2017-03-14]Antpool Founder: We Will Switch Our Entire Pool to Bitcoin Unlimited on: March 14, 2017, 03:00:23 PM
If bitcoin is more expensive or slower than traditional financial systems, people aren’t going to use it.

I do not understand the technical aspects that are being discussed, but I must say that some things should change, people will not be happy to use an expensive and very slow service, even if this service is decentralized and pseudo anonymous

The other day I stayed 2 days waiting for a transaction to confirm and just confirmed because I used the viabtc service.



I just used Bitcoin for a transaction and my first confirm was just outside of 10 minutes. I don't know what the hell you are doing, but it sure isn't using the network effectively.

I'm tired of these "WHERE'S MY CONFIRMS" posts where there are NO details, and NO reference to fees paid, or any other bit of proof outside someone complaining.

Oh, and AntMiner is signing their death warrant by aligning with BU. Mark my words.... this isn't going to be pretty...
368  Bitcoin / Press / Re: [2017-03-12]Winklevoss Twins Aren’t Giving Up On Their Bitcoin ETF on: March 13, 2017, 01:40:05 PM
Until a Bitcoin product trades on one of the big-boy exchanges, like NASDAQ, NYSE, IEX, CME or the rest - this is not going to happen.

I'm not too broken-hearted about not being approved by the financial rent-seekers of the world.

So what, Bitcoin still works....  if we make inroads later, then so be it. Doesn't all have to happen now.
369  Bitcoin / Press / Re: [2017-03-12] Bitcoin’s Market Cap Percentage Continues To Shrink Due To Mounting on: March 13, 2017, 01:36:34 PM
Market cap is a piss-poor metric to compare in isolation.

Hey guys I just made up "DumbshitCoin" and it has 40 million possible units priced at a dollar each! Holy shit, my market cap is more than Bitcoin!!!! (With zero merchant adoption, no developer interest, no user interest...)

Yeah... that's the ticket...
370  Bitcoin / Press / Re: [2017-03-13]Bitcoin Unlimited Reaches Almost 40% on: March 13, 2017, 01:34:32 PM
"Grassroots Client" my ass.

This is a concerted push by a couple of compromised actors to make sure their "vision" of Bitcoin is adopted, nothing less.

I really hope they get a chain going, then watch it crash and burn as everyone cashes out and flees back to the original chain - which is an entirely probable scenario put out by the creator of Litecoin. This is a very dangerous game Ver and the rest are pushing, and they may end up losing their fortunes as a result.

Bitcoin doesn't like to be "told" where to go, and neither do the users. I'm not moving a single coin to a new chain - I think any fork attempt will fail... especially one not supported by the clients, who are massively on the Segwit side of the argument.
371  Bitcoin / Press / Re: [2017-03-12]Using an Altcoin to Save a Few Cents May Not Be Worth It on: March 12, 2017, 03:39:39 PM
Simply put, its arbitrage risk.

You are risking the liquidity of the market you are trying to trade into, the slippage of your order fills, any fees involved with the exchange you are using. Also you are potentially generating another taxable event by exchanging one coin for another, but that can be debated.

Going outside the Bitcoin ecosystem has costs, there is no free lunch. I find it silly to have posts announcing they "saved on fees" when really all they did was burn more time and effort just to avoid paying a dollar - when its all said and done.

I value my time too much to throw it away on juggling alt-coins to save nearly nothing.
372  Bitcoin / Armory / Re: Armory 0.95 is out on: March 12, 2017, 03:35:45 PM
but delaying the release to squash them wasn't really worth the trade-off of not getting the releases out

This ought to be the first time someone argues I release too fast!

TraderTimm: that stuff is fixed in 0.96

I have to say that 0.95 is light-years faster than I could have ever believed. I only had to build the databases once, and afterward it updates VERY quickly. Thank you very much for your time and effort on this project. I sincerely appreciate your skill and talent.
373  Bitcoin / Armory / Re: Armory 0.95 is out on: March 11, 2017, 04:50:32 PM
One small thing I've noticed -- In the main program window, my watching wallet balance is correct (Under the "Available Wallets" Section of the GUI), but the lower right totals of "Maximum Funds, Spendable Funds, Unconfirmed" is zero.

When I click on my watching-wallet to get the "Wallet Properties" window, my Max/Spendable is the current balance, with Unconfirmed being zero.

Its just a bit disconcerting that the main display doesn't update with the balances -- and yes, I'm fully synced with the blockchain when I tried this.

Edit -- Naturally just AFTER I post this, the totals updated in the main window.... I guess there's just a bit of a delay somehow? Worth mentioning anyway...

374  Bitcoin / Press / Re: [2017-03-10]Let’s Be Real: Bitcoin is a Useless Investment on: March 11, 2017, 04:46:24 PM
Just another clueless white-collar muppet that thinks fiat currency represents "stable" store of value.

We know the real score, especially after years of fractional reserve banking and debt issuance.

You really can't help some people. You can point them to articles, the white paper, everything that outlines how Bitcoin works, but if they don't want to see it for what it is - they will never accept it.

Bitcoin is incompatible with the existing system, because it has transparency and deflationary forces built into it. This will become more apparent as banks start actively fighting it. For now, they're playing around with "blockchains" and making noises like they "get" it, but honestly I doubt they really do.
375  Bitcoin / Press / Re: [2017-03-08] Mt Gox Trustee Wishes to Proceed to the Distribution Process on: March 09, 2017, 01:06:59 PM
Someone wake me up when this actually happens.

Also, why is Mark Karpeles out of jail? What the hell is happening over there? I have to wonder what kind of system allows someone to mismanage an exchange so badly and lose so much money - yet there is no penalty incurred. Sure, he sat in a cell for a while, but what is a couple of months compared to the people he ripped off?
376  Bitcoin / Press / Re: [2017-03-08]Antpool is Now Mining with Bitcoin Unlimited on: March 09, 2017, 01:04:50 PM
Oh look, another mining pool trying to force people into a given regime. With AntMiner currently mining empty blocks, this is yet-another-jackhole move to impose someone elses will on the Bitcoin ecosystem.

I say leave it to the users, not centralized mining interests. Most users are signaling via their nodes for SegWit/Lightning, not "Bitcoin Unlimited".
377  Bitcoin / Press / Re: [2017-03-06]Will the Big Three allow bitcoin withdrawal in March? on: March 08, 2017, 02:45:44 PM
No one is going to move anything yet.

https://www.reddit.com/r/Bitcoin/comments/5y6s4v/okcoin_huobi_btcc_all_make_joint_statements/

Statement released that there's a delay.... read into that what you will.
378  Bitcoin / Press / Re: [2017-03-06] The New 110% Unlimited Bitcoin.com Mining Pool is Now Open to Every on: March 07, 2017, 03:54:46 PM
Every Bitcoin pool is "open" to everyone.

Who gives a flying crap about this Bitcoin Unlimited garbage. AntMiner is the ones playing hardball, and nobody really appreciates being manipulated by a miner pool.

Wake me up when the fork fails. As usual.
379  Bitcoin / Press / Re: [2017-03-02]Gold Bug Peter Schiff Calls Bitcoin ‘Digital Fool’s Gold’ on: March 03, 2017, 05:20:10 PM
The market is telling us something for sure.  I think there is room for both bitcoin and gold, perhaps eventually they'll see the benefits and acknowledge they didn't fully understand the benefits.

I went back to look at the slashdot article to see if my memory was correct and it was July 11, 2010,
https://news.slashdot.org/story/10/07/11/1747245/bitcoin-releases-version-03#comments

To be fair, there were plenty of positive and explanatory and understanding comments, but as far as some of the negative ones, I see pretty much the same type of negative comments still nearly 6 years later, things like these:

( Snipped for brevity )

Slashdot is also the collective hivemind that panned the first iPod, as I recall. They have a less-than-stellar track record for not understanding technology, which is ironic for a self-professed "geek" news source. I don't take any comments there seriously, it may have had its time way back but the userbase now is just a bunch of uninformed shmucks working soon-to-be-disrupted white-collar jobs and being overpaid to do it.
380  Bitcoin / Press / Re: [2017-03-02]Bitcoin 'creator' races to patent technology with gambling tycoon on: March 02, 2017, 04:06:35 PM
Oh good, a con-man that fooled gullible Gavin is teaming up with a shady gambling racketeer.

Gosh, it looks so wholesome - where can I invest in his crazy scheme... also, hasn't this idiot been prosecuted by the Aussies yet for tax problems?
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