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3661  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2018, 11:45:10 PM
Quote from: Anon136_miscellany
(snip)
Shocked Do you really think I'm a troll?

If you're not then why are you appearing to troll?
(snip bona fide explanation)
"Thank you for the explanation!"
"Hairy... insightful!"
"Me... not above trolling... once or twice in my life... dash thread."


Anon136, a legend with 49/470 merit earned against 203/414. Over 4 times as much. Theymos's new ranking system indeed provides more useful information than the old. And prompt scouting is available, anyway.

Hey, mighty Theymos, do you hear us? We need more statistics, like "Imagination", "Magic Dust" or "Emep", which might stand for "Earned Merit per Eligible Post (ratio)".
3662  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2018, 11:37:08 PM
"Beat me to it" quotes of the day (Torque was first). Here go my last merits.

Oh well, I think jbreher is worth talking to sometimes... JUST-DON'T-EVER-MENTION-BCASH-TO-HIM. *THAT*'s not worth it. Never forget that rule and everything will be fine.
That's his... uhm, religion. Apart from that handicap, discussions with jbreher are mostly fine.
It's a pretty big fucking handicap. Might as well try getting away with saying that apart from wanting to kill us all, muslims are pretty decent people.
Yes, yes, it's the same.
3663  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2018, 10:46:21 PM
"Beat me to it" quotes of the day (Torque was first). Here go my last merits.

Oh well, I think jbreher is worth talking to sometimes... JUST-DON'T-EVER-MENTION-BCASH-TO-HIM. *THAT*'s not worth it. Never forget that rule and everything will be fine.
That's his... uhm, religion. Apart from that handicap, discussions with jbreher are mostly fine.

Removal of the 21M cap: soon!
Perhaps you'd be so kind as to provide even the slightest shred of evidence for your absurd assertion?
Perhaps you'd be so kind as to quit calling Bitcoin "Bitcoin Segwit"?

Word. This also really helps gears grind here, so to say. It's like it's my own religion.

TLDR; jbreher, you're a much more varied read than other thread heretics. Don't hurt people's religious feelings with unkornly utterances, and I promise I won't feed the troll in you. Gonna try, with a little help from my frieh-eh-eh-eh eh-ehh.


3664  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2018, 06:54:32 PM
any mining pools using lightning? would that work?

It would work great.  For payouts?  Lines directly to exchanges...

In fact I would predict we see the first "industrial" sorts of channels going up for those scenarios.
One problem I see is that these channels would be unidirectional, in the sense of hard to balance out, unless I'm missing something about this use case. Besides, maximum channel capacity is still seriously limited to "pocket change" amounts (that's on purpose, for safety), so LN won't be terribly useful for payouts until the limits are raised.
3665  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2018, 02:57:44 PM

WTAF? They've lost their marbles, and the justification is complete nonsense. "It's so valuable that we burn it!"
It's to reward the holders, right?


Quote
Also I'm guessing the supposed black hole address in question is of the "no-really-trust-us-we-don't-have-the-private-key" variety?
You beat me to it, ehehe  Wink
3666  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2018, 01:02:08 AM
So really all I know is that they intended to "scale" by increasing the blocksize. ... Has anything changed? Are they proposing realistic alternatives to lightning for scaling? Are there new developments that I should be aware of?
0 confirmation transactions. No, seriously - that's the amazing and innovative feature bcash has implemented to try to compete with lightning.

What, did they get some sort of commitment from a federation of miners/pools that when they receive conflicting transactions in their mempool they will mine the one they encountered first rather than the one with the larger fee? That could be done with like 2 lines of code. If it's more interesting than that than I will go do some research.
You mean disabling replace by fee?

Does that mean all I have to do to double spend is send the funds to myself seconds before I send them to the victim?
If the protocol is first transaction gets blockspace, the victim's transaction won't find its way into a block. Double spend will fail, but legitimate RBF transactions could be impossible.

But if the victim is accepting 0 conf, then the attack will likely succeed unless the victims node is particularly well connected
(EDIT 2 the following for accuracy/factual accurateness.)

With 0 conf, full nodes have to cache transactions since the latest block and stop propagating newer conflicting ones. For the attack to work, the cheater's transaction must already have been submitted before the victim's after all. As long as the network doesn't selectively hide information from certain nodes, cheating this way will fail.

(EDIT 1: as long as 0 conf implies "earlier tx gets blockspace" rule.)

Any fault in my reasoning? Syke? Experts?

3667  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2018, 12:51:05 AM

meh. weak reddit share is weak. need to find out where v8 is harvesting his materials.
Hard to beat at scouting, and for good taste. We're growing the next legends here. Tongue
3668  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2018, 12:48:46 AM
So really all I know is that they intended to "scale" by increasing the blocksize. ... Has anything changed? Are they proposing realistic alternatives to lightning for scaling? Are there new developments that I should be aware of?
0 confirmation transactions. No, seriously - that's the amazing and innovative feature bcash has implemented to try to compete with lightning.

What, did they get some sort of commitment from a federation of miners/pools that when they receive conflicting transactions in their mempool they will mine the one they encountered first rather than the one with the larger fee? That could be done with like 2 lines of code. If it's more interesting than that than I will go do some research.
You mean disabling replace by fee?

Does that mean all I have to do to double spend is send the funds to myself seconds before I send them to the victim?
If the protocol is first transaction gets blockspace, the victim's transaction won't find its way into a block. Double spend will fail, but legitimate RBF transactions could be impossible.
3669  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2018, 12:26:50 AM
So really all I know is that they intended to "scale" by increasing the blocksize. ... Has anything changed? Are they proposing realistic alternatives to lightning for scaling? Are there new developments that I should be aware of?
0 confirmation transactions. No, seriously - that's the amazing and innovative feature bcash has implemented to try to compete with lightning.

What, did they get some sort of commitment from a federation of miners/pools that when they receive conflicting transactions in their mempool they will mine the one they encountered first rather than the one with the larger fee? That could be done with like 2 lines of code. If it's more interesting than that than I will go do some research.
You mean disabling replace by fee?
3670  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2018, 12:21:33 AM
everyone be enjoying their 4/20 high? ... never fails to deliver, mmm but maybe a bad trip for the shorts but oh well.
I actually celebrated without realizing it. Well, after the fact I did. I almost never partake, if not as a social sign of approval. But on 4/20 night I deliberately prepared a mini, just for myself. I knew my company wouldn't want to join the jointment. Getting her to even drink something reasonable was already a small feat in itself. So why would I want a miniJ in such company? Now I see. Unplanned, legitimate celebration.
3671  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 18, 2018, 12:02:42 PM
What do we mean when we talk about race? Genetics, culture or a combination? Is it possible to quantify the nature/nurture relevance ratio? How about a child born from a black and a Jew, raised in Asia by a foster family? Which "race" do they get stamped on their Interwebz passport?
Culture results from genetics and environment. So, all of them. Yes. That kid is fucked. Also show me one instance in the entire world of that particular combination, just for kicks.
It's like an Inuit posting here. Theoretically possible.  Tongue
3672  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 18, 2018, 12:00:40 PM
Some classic TA at last. Thank you, Hairy.

Good Lord this is a tough crowd tonight (this morning ?)

Fine. Here's some more TA. We've exited the Inverse Bart.



Fucking happy now ?!??!??
Thank you too for some more (contemporary) TA. It wasn't actually needed, though. Your OT's about brick-based testicle training are among the best for me anyway. Or your curt invitations to remove undesired clutter from your no-sun-shining-here areas.
3673  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 18, 2018, 11:51:30 AM
What do we mean when we talk about race? Genetics, culture or a combination? Is it possible to quantify the nature/nurture relevance ratio? How about a child born from a black and a Jew, raised in Asia by a foster family? Which "race" do they get stamped on their Interwebz passport?


Come on, someone post some classic TA, please. This kind of OT is distracting, irritating and plain disgusting.
Didn't you mention not too long ago that you had met tribal people, that they were different from us, and that it was fascinating?
I think you refer to my words about nomads. They weren't tribal nomads actually, but yes they have a different, lighter stance towards life. It's the culture that's different. Different from me, I mean. I don't know about you, let alone about "us". Us bitcoiners? Us participants in the WO thread? Are you assuming I'm a thoroughbred Caucasian male? 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.


Quote
Reality is what it is. Being disgusted with reality is needlessly limiting.
I'm not disgusted with reality. I'm disgusted with tireless back and forth drilling of the same old stuff by the few that care about it, to the detriment of the silent majority who doesn't mind a nice OT, but couldn't give fewer fucks about racist (un)subtleties than an annoyed honey badger.
3674  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 18, 2018, 11:34:31 AM
Dungeon averted?


Some classic TA at last. Thank you, Hairy.
3675  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 18, 2018, 04:40:44 AM
Come on, someone post some classic TA, please. This kind of OT is distracting, irritating and plain disgusting.
3676  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 17, 2018, 03:01:46 AM
https://twitter.com/LeahWald1/status/985665491325804545
The Bitcoin Jig ?? ?? While in North Carolina last week with best friends, we sat around a bonfire ?? picked up our banjos, and wrote a song for the love of #Bitcoin
smash that like button
At the cost of repeating myself, you have some taste. I mean for fun music. All my likes are granted.
3677  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 17, 2018, 02:56:11 AM
My hope, however, is that most of the governance will be blockchain based. As much as possible over time.
I mentioned the admins having the right to a choice a few posts back. Would PoS in the community coin be a viable voting metric at least for some matters? Has any thought gone into it yet? Interesting stuff indeed.
3678  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 17, 2018, 02:53:38 AM
Blockchain does suck. The only real use is to avoid any kind of trust in a centralized authority. In the real world there are much better databases.

but people = shit

soooooooo
Can't merit both for budget reasons. Picking the one where it makes more of a difference Wink
3679  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 17, 2018, 02:46:15 AM
With all of this in mind Blue Frontiers decided to go with an actual currency to be used on the seasteads and be the only currency the company would accept for payment for anything on the seasteads

That's very disappointing! It defeats the very foundation of the project as it creates just another territory with their own currency. A "legal tender" and the only way you can pay your taxes to local authorities. How is that different to every other country manipulating their domestic currency to "optimally" rob their own citizens?


I guess there will be exchanges, exchange rates, fees. I'm sure it will be possible to buy a few varyons even from the mainland. On board for sure, at more cost. If you live at sea, then of course they're more useful. Yes, I see your point, becoin. But isn't the concept of a community currency legitimate? A fat stash of it implies a stake in some man-made quasi-island, so what? It might give actual use case value to varyon (XBTVRY stable) - uncommon for a new coin. Hm, which in turn also implies enforcement of money laws of some kind. Tough, eh? Well, as long as the single 'steaders can accept any kind of money they like, it's only fair that the admins get to choose, too. Or is it? I don't have a clue.

Elwar? Did I get the VRY ticker right? :-P
3680  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2018, 08:54:07 PM
I've been away for a few days. Getting up to date with this is ridiculous. I'm still 37 pages in the red. Makes me want to run and hide in a cupboard or something.

It seems I missed some very interesting OT stuff.
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