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Wonder if Jeff Garzik will still have a job there, and for how long?
Also wonder where all that money went ... pay well I guess. I recall someone saying something along the lines of that BitPay was "creaming it" "an absolute money-making machine" (was that Trace Meyer who said that?).
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catalonia vote to secede from spain will be a symbolically huge leak in a very shaky dam ... euro dumps hard and then game on.
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I think if the price continues raising to 240 today it may reach 300 levels in next few weeks
... it seems likely. This will be 3rd and decisive challenge on 300, this time on rising volume too I expect. |
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The astute youth of Europe will realize they simply need to depart the morass of Europe.
... at the same time a flood of migrant youths is washing in from Arabia? Something doesn't add up here. |
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Notes from the Privacy and Fungibility roundtable from the ScalingBitcoin workshop in Montreal. http://diyhpl.us/wiki/transcripts/scalingbitcoin/privacy-and-fungibility/I had a few thoughts on fungibility and how JoinMarket could help. CoinJoin only improves fungibility if it's actually used. I was worried that there might be tragedy-of-the-commons type situation where everyone benefits from fungibility but nobody wants to take the time and money to set up JoinMarket? The answer is no. Here's why. If fungibility becomes degraded, it would first show up that large bitcoin institutions will reject your coins with the message "Your money is no good here. Those coins were used for illegal or immoral uses 3 transactions ago". When this happens the owner of those coins is going to google the problem. He'll notice that if he uses JoinMarket, he can thwart the analysis of the coins. So I think the fungibility problem solves itself once you have easy access to privacy. Any attempt to enforce non-fungibility of bitcoin will push people to seek out privacy solutions. This means in all our literature we have to add as a feature unlinking coins from previous owners to our reasons for privacy. Also we should explicitly write a few words about how JoinMarket could help you if you've coins have been rejected. Companies intending to deploy anti-fungibility services might then think twice if they see people can un-taint their coins so easily and cheaply. Maybe this insight was obvious to others but I just realized now. It is a good point and well worth highlighting. There are many valid and legitimate cases why a person might come to possess coins that need to be de-linked from their past, for reasons that have nothing to do with the current holder, coins that have become tainted through no fault of theirs. There are also many valid and legitimate cases in business where there is a legal or contractual requirement for confidentiality of transactions. It goes against the vast history of monetary markets selecting fungible goods as the best money, and just basic common experience, to expect all money transfers to be completely public knowledge, that's just a simplistic utopian fantasy trap fallen into recently by some poor reasoning. Good money needs to have strong privacy properties. |
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We are looking forward to 2030+ for "no inflation"...  No inflation at all is not a good thing. This is one of the problems of BTC. It is not at all a problem, it is a feature. The ravages of deflationary economics only happen in a captive population who have no choice but are forced to use the monopoly money that becomes dysfunctional. As long as participants can voluntarily opt for a currency that suits their time and price preferences a zero inflation currency will not lead to the classically understood deflationary economic symptoms. |
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i know im posting to an old thread - but bloody amazing to see ...
what are the latest developments? ...
#crysx
Recently secp256k1 EC curve was included in RH openssl repo packages. Last I saw it was in the "Testing" repo. |
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Bitcoin is forking, the forum is forking and the Gold thread as well. This is only a cheap copy of the original thread for haters, stalkers, warriors and censorship lovers. The original thread is alive and well. Censorship is the suppression of speech, public communication or other information which may be considered objectionable, harmful, sensitive, politically incorrect or inconvenient as determined by governments, media outlets, authorities or other groups or institutions.[1]
Governments, private organizations and individuals may engage in censorship. When an individual such as an author or other creator engages in censorship of their own works or speech, it is called self-censorship. https://en.wikipedia.org/wiki/Censorship#cite_note-1XT is an alt and thus not on topic in a lot of venues. Quit being a whiny little cunt. As I've said before, I don't agree with shutting down cypherdoc's thread, but the action has produced a cornucopia of lulz so I'm at least half glad they did it. It is also worth note that theymos doesn't run this site for the purposes of giving Bitcoin attackers a platform upon which to do their work. He is much more tolerant of this when it happens (about 1000 time/day with the XT attack) than most people would be so you should be thanking the guy. The saddest part is the XT brigade do not see it as an attack but rather a necessary evil to help us ... a lot like "Hi, we're Mike & Gavin from the government and we're here to help!" |
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... sounds like consensus to me, tally-ho game on. |
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As it appears that XT is inevitable it would be nice get a better understanding of the migration path to XT or effects of staying firm with the core... anyone care to make some rough projections?
XT is being run by a few hobbyists who dream of a State-sanctioned utopian PanoptiCoin, free transactions and ice-cream forever ... it will always be niche belief system but not accepted by the mainstream. Throwing around insults to get people to listen to you - It wasn't intended as an insult, merely bringing enquiring minds up to speed with the state of play in the real world. People who are delusional can be easily offended by truthiness I know. |
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can we ever special order metal ones? how many are you after? ... everything can be had ... for a price. |
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As it appears that XT is inevitable it would be nice get a better understanding of the migration path to XT or effects of staying firm with the core... anyone care to make some rough projections?
XT is being run by a few hobbyists who dream of a State-sanctioned utopian PanoptiCoin, free transactions and ice-cream forever ... it will always be niche belief system but not accepted by the mainstream. |
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I starting to hating these users that read just the first post (that can be full of FUD) and waste their time on repeating as a parrot without even reading the few posts that that are just upper their last one.
I feel that just wasting my time in these discussions.
you mean you feel you are wasting your time parroting the same thing over and over? ... hey, look there's the door |
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^^^ "Very skeptical of bitcoin's long term success" ^^^ (i.e. actively trolling for it's demise since learning of bitcoin)
... pushing for divisive XT, nuf said.
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"The people want this"  I'm so fucking tired of hearing this. I thought Bitcoin was exactly about putting a check on unreasonable people demand. Guess that was underestimating "the people" you're being unreasonable. bitcoin is about getting everyone to agree to the same rules. this thread is about making that easier when changing the rules. what other rules are up for debate .... ? shall we corral and brigade the mobs to clamour for permanent bitcoin inflation now that network fees are being rendered useless as a technology? |
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MF DOOM 2015.75 remains the date pinpointed as the BEGINNING of a global economic nosedive, it was never a prediction in and of itself to be seen as a total collapse, I can only recommend you read more carefully into Armstrongs work, we are heading into a period of confusion, totalitarianism and "unrest" not seen for 300+ years.
it's really interesting that the last period of "the Great Confusion" was during the last Maunder Minimum in sunspot activity (it went on for almost decades 1645-1715), however coming out the other side we had the Renaissance, so maybe something to look forward to in 2090 eh? |
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That is not a question... No miners will make any significant switch unless they get equally significant node support
Switching to XT is the conservative decision, as illustrated in the figure below. .. you've conveniently missed out other risks on your decision matrix. Like minimally-reviewed, untested code, anti-privacy agendas of the developers involved in XT ... so conservative decision on an honest matrix, I'd say no. |
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I wonder how much money and time it would take to add enough XT hashing power to trigger the switch assuming no more existing nodes defected. I'm guessing it could easily be done for less than $500M. The problem is that the cripplecoiners would only need to add one Terahash/second for every 3 Terahashes/sec new nodes to prevent it from happening.
I'm pretty sure 21.co's chips will be mining XT. Microtransactions will not be practical once the network approaches capacity. At capacity, they won't even be possible.
Cripplecoiners consider small transactions "spam", but microtransactions will prevent spam if, for example, email requires 0.1 milibit postage. or even 0.01 mBit. A lightning network adds a layer of complexity to a system that is already too complex for mainstream use. Trusted third parties may make it simple and easy, but that defeats the whole purpose of a peer to peer network.
i think you should try squeezing in more "cripplecoiners" slurs into your rants to be more believable ... or it's simply a rant and ineffective |
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satoshifanclub you should be ashamed baring satoshi's name. you no fan his his.
you are a discusting little piece of shilling shit.
you should not even have 1 satoshi. not that i suspect you of having much more.
ignored.
he is really disgusting ... I have no idea what he's saying because he is on the ignore list of bear shills since forever. I think many XT trolls maybe a lot of bear shills who think they can create further uncertainty and discord by pushing XT incessantly even though they have no idea how it works, except that it is divisive and good for bear profiteering FUD. |
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