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4181  Bitcoin / Bitcoin Discussion / Re: Roger Ver's Bitcoin.com propaganda against bitcoin on: June 17, 2019, 09:00:13 PM
It's worth noting that the millennials who will be jumping into bitcoin in the coming years are largely onto the scammy nature of Bitcoin Cash, or Bcash, if the Urban Dictionary is any indication:

Also known as Bcash, Btrash or Shitcoin, it is scam aimed to confuse new bitcoin buyers, it's a highly centralized shitcoin...

This entry has 357 upvotes.

That must drive him nuts. That's the type of derision money can't erase because it's the will of the people.

I occasionally dig something he says but then remember he more than likely put together risible squit like this - https://www.youtube.com/watch?v=mCllEvfvgUY

I definitely remember a post from him on there telling people to concentrate on the lyrics. Now gone.
4182  Bitcoin / Bitcoin Technical Support / Re: [JUNE 2019] Fees are low, use this opportunity to Consolidate your small inputs! on: June 17, 2019, 08:50:20 PM
All my bitcoins are currently on my Ledger hardware wallet. I have many different amounts ranging from 0.01 - 0.3 per address. Probably about 50 different transactions. Is it advisable and necessary to consolidate these amounts?

Advisable indeed. You never know what fees will get to but you might wind up with an outrageous bill further down the line that's relative peanuts now and you have a lot of stuff to gather up. I've done it in the past and I do it periodically if coins need consolidating.

I haven't used my Ledger in absolutely ages but I'm pretty sure there's a custom fee you can set so no need to use Electrum. I could be totally wrong.

Dunno about 1-2 satoshis but I did an 8 sat/byte transaction yesterday and it took about 7-8 hours to be fully confirmed.
4183  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 17, 2019, 08:44:45 PM
Your prime minister was literally run out of office for being incompetent. And the mayor of your biggest city is a muslim. People are being arrested over tweets and facebooks. Shithole doesn't begin to cover it, more like banana republic.

The majority of the country voted for neither, or will ever vote again, and all you have to do to avoid being slotted by SCO19 for tweeting about gayers and girls with willies is not go on those shitty platforms.

That leaves you a fine land filled with nuns cycling to cricket matches in the morning mist.
4184  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 17, 2019, 07:54:27 PM
I thought you meant Glasgow when you said Port Glasgow. I didn't realise they are separate places. This is paraphrased from wikipedia.

https://en.wikipedia.org/wiki/Port_Glasgow

Quote
.. population 19,426,  16,617,  15,414, and still growing.

You'd probably make the locals cry or slap you if you mixed up the two, plus have a really, really shit holiday too.
4185  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 17, 2019, 07:24:18 PM
So Glasgow's great, not desolate and depressing?

A ha.

Port Glasgow is about 22 miles up the road. But that's going up in the world too. You can still get an apartment there for about $5,000 if you shop around all the same.

But yes there are bits of Glasgow too that are fooking horrible, mainly the outskirts where slum dwellers were sent to newly built estates for a supposedly better life. But there's lots of elegance and green spaces too.
4186  Bitcoin / Bitcoin Discussion / Re: Who coined the word "cryptocurrency" ... on: June 17, 2019, 07:17:10 PM
Am pretty sure it was Satoshi himself. There's a passage in Digital Gold by Nathaniel Popper where it's proposed in an exchange with that Finnish fella who helped him out with bitcoin.org at the start. I'll dig around.

Edit - It was an unknown stranger.


'While satoshi never discussed anything person in these emails, he would banter with Martti about little things.

In one email Satoshi pointed to a recent exchange on the Bitcoin email list in which a user referred to Bitcoin as a "cryptocurrency" referring to the cryptographic functions that made it run.

"Maybe it's a word we should use when describing Bitcoin. Do you like it?" Satoshi asked.

"It sounds good," Martti replied. "A peer to peer cryptocurrency could be the slogan."  '
4187  Bitcoin / Bitcoin Discussion / Re: Roger Ver's Bitcoin.com propaganda against bitcoin on: June 17, 2019, 07:04:52 PM
A mining pool decided to use a 51% attack on BCH last month to "correct" some transactions they didn't like. This was easily done because their hashrate is so low. The fact that this is even possible means that BCH is no longer decentralized or censorship resistance. One mining pool has complete power over BCH, if they want it.

It's remarkable how little mention this got considering it's the 'real Bitcoin'. If the 'fake Bitcoin' did this everyone would pulls their pants over their head and run around screaming. It pretty much says it all.
4188  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 17, 2019, 06:56:52 PM
I remember you saying both Glasgow and Edinburgh are shit. Which is the shittest, and how much shitter is it than the other one?

Moi? I've lived in both. I thought they were both great. I much preferred Glasgow overall. Edinburgh's more up itself but more manicured and has less going on.

Glasgow does one block of loveliness and then the next block is rubble. V unique urban planning. Both places have some right fuckholes but I find that energising as long as you stay in the limo.

I would recommend the Shankill Road in Belfast for the most off kilter experience you can have in the UK. Tour the estates around the peace wall and if you're lucky you might see a bonfire too. They DEFINITELY don't give a fuck about SJWs there.



4189  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 17, 2019, 06:48:56 PM
Apart from Jaywick Sands.

Jaywick's solid.

I suggest you try Port Glasgow on a rainy January afternoon. That'll sort you right out.
4190  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 17, 2019, 06:45:23 PM
Though I currently reside in USA, I have lived for a number of years in the UK (dual citizen)
Though the plumbing maybe antiquated (among other slight annoying inconveniences) it is
certainly  not a “shithole” ...quite the contrary imo.

If you turn off the news and ignore most internet content the UK, along with many, many other places, suddenly becomes fucking marvellous.

Clean water, sensible weather, tectonic stability, a vaguely dependable legal system, no one starves to death. What more could anyone want?

If you let some Twitter and Daily Mail whining colour your opinion then that's a pisspoor show. What the internet and media is trying to force you to perceive is totally different from what almost everyone actually experiences.
4191  Bitcoin / Bitcoin Discussion / Re: Roger Ver's Bitcoin.com propaganda against bitcoin on: June 17, 2019, 02:04:15 PM
It is literally only him and his wee friends that use that phrase. No one else is going to have much of a clue what he's on about. It makes him look stupid and irrelevant, not authoritative. The longer you attempt to hold back the tide the faster it claims you when it gets some momentum.
4192  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 17, 2019, 12:16:35 PM
Just a number game Dabs, who cares Cheesy  Majority does lol

I would encourage him to locate the nearest church, form the crucifix position and lay prostrate nose down at the altar.

This will allow him to reflect on where he has been slipping and ideally God will guide him back to favour.

It's possible that God will collapse the church on top of him if he feels he is incapable of climbing up the charts once more. I'm totally comfortable with that.
4193  Economy / Exchanges / Re: WEX.nz on: June 16, 2019, 08:46:24 PM
So yea - would easily trust btc-e OG crew - if they could verify their identities in a reasonably assuring manner.

They should have left something in place for just this eventuality. I guess they either didn't expect it or didn't care but I don't see how they could make a successful comeback without it.
4194  Economy / Exchanges / Re: WEX.nz on: June 16, 2019, 08:11:56 PM
Well, BTC-e repaid 55-60% of funds immediately. More if you waited until WEX was launched. So clearly redress was possible, just not of the "legal proceedings" variety. The obvious move was to take that money and run, not keep all your money on the new exchange. But alas, crypto traders love to take unnecessary risks.

If Bitfinex or Tether had most of their fiat money seized, you think they would spin up a refund process like BTC-e did? I would expect much worse results through the court system, especially given the dodgy jurisdictions where they are organized.

Bitfinex could've chosen bankruptcy with their Bitgo hack. Instead they did a cludge to stay afloat. And they have had a large amount of fiat stolen from them by Crypto Capital. Again, they've limped on.

Both they and their users have Gox to look to to know what happens if they go down the fully legit route.

If there was some way of knowing the original BTC-e team was in place then at least you have some track record to reassure you. Clearly the original team wasn't in place by the end so it's full facelessness which isn't a good look.

If someone turns up today saying hello we're back how do you know if there's anything legit about them? They may control original addresses but private keys are easily stolen.
4195  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 16, 2019, 07:29:59 PM
I run away any time I see an "ECO" label on anything. It usually means they are trying to sell me something overpriced, or inefficient, or impaired in some way. Yet there must be people that seem to be attracted to that FUD or they wouldn't be marketing it... Go figure.

I only care about the raw figures so that I can calculate myself if it fits my needs. They can stick all those tags up their ass.

Oh well, enough grumpy rambling I guess....

A Lamborghini LM002 with leaky fuel tanks and fucked tracking that eats tyres every 500km is still more eco friendly than anything you can buy today simply because it's already been constructed and only requires a modest amount of resources to keep going.

If car manufacturers were really serious they'd all become car remanufacturers.

Elon Musk should be selling Morris Marinas fitted with rescued washing machine engines.
4196  Economy / Exchanges / Re: WEX.nz on: June 16, 2019, 06:01:02 PM
Is this the same Bitfinex whose CFO said they "bank like criminals?" The same Bitfinex who just lost $850M in a bank seizure by law enforcement? The same Bitfinex whose CEO is a ghost that nobody has ever seen before? The same Bitfinex whose longtime CSO (Phil Potter) resigned as regulatory scrutiny, allegations of criminal market manipulation and other legal problems piled up last year?

WEX.nz may have been on the extreme end of things regarding their lawless mentality, but Bitfinex is very close behind them. Anyone with significant funds on deposit at Bitfinex or Tether is surely playing with fire!

Would I trust BFX more than a revived BTC-e? If I had a gun to my head I would simply because they've managed to keep functioning despite their slackness and idiocy in choosing who they entrust money to.

All the same I wouldn't deposit a poo into Bitfinex either. I would assume there might be some redress if it all went wrong. This thread is a demonstration of that not being the case with BTC-e.
4197  Economy / Trading Discussion / Re: Over the Counter (OTC) Cryptocurrency Trading - Explained in Details. on: June 16, 2019, 05:50:51 PM
Well, if this is the over the counter method everyone talks about does that mean localbitcoin is an over the counter helper website?

Localbitcoins and similar are P2P. Those places are nothing more than platforms to find deals.

I would class an OTC trade as having a broker/dealer who matches the buyer to the seller and negotiates the deal. They'll have clients they can tap on both sides.

4198  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 16, 2019, 05:07:44 PM
He was having other problems.  Also, he really beat himself up for missing the top.

I sincerely hope for his eventual return, but we should be emotionally prepared for his continued absence.

I couldn't quite figure out what was going on there, whether it was quasi ironic or not. You'd think someone who'd been around that long would be unphased by the same thing panning out again. Then again who am I to guess anyone else's triggers?
4199  Bitcoin / Bitcoin Discussion / Re: What's the most someone was actually able to cash out for liquid? on: June 16, 2019, 04:43:56 PM
Yeah, I thought something like that might happen.

Can you buy and sell privately no matter the ammount on this forum? You make a thread about it and people who are interested contact you via PM.

Of course. I sure as shit wouldn't do it but all this place is is a platform to exchange messages. No reason why you can message about deals. There's a dedicated currency exchange section.

If I had a significant amount to sell I wouldn't do it through an exchange and I wouldn't do it P2P. I'd do it through a professional OTC operation like this - https://genesistrading.com
4200  Bitcoin / Project Development / Re: We have launched world’s first Bitcoin Debit card, fits your all needs of life on: June 16, 2019, 04:12:28 PM
Please provide multiple compelling and irrefutable reasons why any user should trust a completely unknown entity with any of their money.

An unlimited card that claims to be free, feeless and quasi independent from conventional card networks make no sense whatsoever.
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