facebook will soon go into decline, the teens are not using it ... they refer to it as "an awkward family dinner photo you can never leave", and bemoan the barrage of advertising ... i.e. it has become yesterday's fad.
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Cypher (or someone who feels like they can properly explain it): can you please ELI5 why sidechains will break the incentive mechanism? I haven't been able to follow this thread as well as I used to.
I think (cypher can correct me) its because taking transactions off (main)chain reduces fee-based income for miners. When the block reward dwindles after several halving that is their only incentive to mine. If they have no incentive, then they will not mine, the network will become more vulnerable. eh ok, there must be some way to count off chain transactions and then credit the miners appropriately. I'm not saying this would be a trivial change, but this scenario is probably 10 years away minimum and I find it fairly difficult to believe that there is no way to get around this between now and then. it has already been coded. secure, cheap, off-chain tx is a solved problem. SC or max block size increases are not needed for increasing max TX throughput. PM me if you are genuinely interested and not just shooting the breeze on a forum.
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return of the hate-filled bearpigtrolls ...
and Karpeles was DPR, mt. gox was actually a LE sting operation and Karpeles is also an agent ... join the dots already people.
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are you Using a passphrase?
If you Do a typo with your passphrase trezor will show an new account, which is - of course - zero. it is case sensetive...
Thank you!!! This was it. I thought I was entering in the correct password. There is no error msg except a '0.00' balance so it got me all confused. There is no error message because it doesn't recognise a different password as an error. It just goes ahead and generates a different set of keys with the 'new' password as part of the seed. If it did know your password (so that it could generate an error message) it would have to store it somewhere and that would be a less secure (and different) methodology.
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And that assumes an honest market which now that Wall Street is involved is anybodies guess.
Wait, what?!? How is Wall Street involved in Bitcoin? They aren't but they are waiting/hoping with baited breath that it fails or gets hacked. Trouble is, the price right now is merely exposing fear and emotion while ignoring that it has not failed or been hacked. THAT is bad news for bears. We're very close to a major buying point. Leveraged longs are starting to build on Bitfinex. ... they're already here, they've been here since July last year. Nobody wants to hear it, Silbert was right they arrived 3-6 months after he said ... it's just that no-one likes the immediate result.
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Who are the "Four Punch Raiders?"
The guys who scooped up all the coins at the bottom because they caused the crash. The guys who have been doing this four times and now the fifth time since the bear market began. Heavy hitters with a four punch combination Crash/bounce Stutter step Spike Second Bounce HFT quant London unit of a well-known investment bank ... they turned their bot on at the Swamp back in July, shows up in data analytics also.
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If they did that, they would have created Yet Another Alt Coin (which happens very frequently), and it would have no effect on Bitcoin at all.
Yes, I know that bitcoiners have taken solace in that belief, since the 51% risk became real. Keep believing. There is no belief involved. What constitutes Bitcoin is defined by the consensus of the miners - period. If a majority of miners were to choose to mine according to a different protocol than what they currently do, that protocol will effectively become Bitcoin. It has nothing to do with what Gavin or the foundation want. Yes, and that is what I meant: if someone with billions to spare offered to buy 25 million bitcoins, the protocol would be immediately changed to create them, with the full cooperation of miners AND approval of developers. billions of what? argentian pesos? brasilian rials? get over it, Bitcoin has been defined mathematically with an algo that releases total 21 million whole bitcoin ... else it is something else and you'll need to make up your own nomenclature for defining your new algo and altcoin
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What infrastructure? More merchants accepting bitcoin to immediately dump it via a third party payment processor is not infrastructure, it's just proof that bitcoin is not viable as a real currency. Your mistake is that you've convinced yourself that bitcoin should be worth so much more, when market forces are clearly showing you that it's not. This is how amateur investors lose fortunes. They might close a winning position some of the time, but when they find themselves in a losing position they are so emotionally committed that they can't admit they are wrong and ride it all the way down to destruction.
sounds like you are emotionally invested in not allowing the bitcoin fire of freedom to take hold and become a real currency through organic network effects ... bit late to the party for that.
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still with the beartrolls spewing their vitriol and wallowing in the effluent of their toxic hatefest ...
nice place you got here adam ... time to lock it up maybe? this thread is stinking up the joint.
"Je suis Charlie" Look at this goofy fuck that has a problem with using the ignore button when someone isn't acting according to his dogma. Who's stopping you, huh ? Shut your ass up and do what you do best and that is... losing money. Leave me and my intelligent bear buddies alone. wallow, wallow you hateful little pigs ... bulls make money, bears make money, pigs get slaughtered. and you are just a pig, an amateur pig, a pig that has been so long around and should know better but instead he joined the Bitcoin cult, I am sure you will have problems integrating to society if Bitcoin fails. wallow, wallow, good, that's good, let all that hate out ... it might stop your wife and kids getting their ritual beatings
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still with the beartrolls spewing their vitriol and wallowing in the effluent of their toxic hatefest ...
nice place you got here adam ... time to lock it up maybe? this thread is stinking up the joint.
"Je suis Charlie" Look at this goofy fuck that has a problem with using the ignore button when someone isn't acting according to his dogma. Who's stopping you, huh ? Shut your ass up and do what you do best and that is... losing money. Leave me and my intelligent bear buddies alone. wallow, wallow you hateful little pigs ... bulls make money, bears make money, pigs get slaughtered.
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still with the beartrolls spewing their vitriol and wallowing in the effluent of their toxic hatefest ...
nice place you got here adam ... time to lock it up maybe? this thread is stinking up the joint.
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fun fact : i got my credit card hacked two times on the net last year and each time my bank refund me within 10 days to protect me.
More than bitcoin can ever do
only an idiot lets their credit card get hacked ... and your credit card fees include costs for all the other idiots who let their cards get hacked and the idiot companies that 'secure' all the massive credit card databases ... basically its a bog hack system that costs a lot of of money to keep patching up secure bitcoin properly and it never gets hacked and you never pay more than you have to, or paying for others incompetence. PS: you're credit card was basically worthless last time i looked anyway ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Edit: take Bitstamp as an example when it comes to security, if they cant secure their exchange how do you expect a normal user to do so ? Bitcoin is redefining the security measures in IT, when a single file is so important and critical, it is really dangerous for the masses at this point, we need to put more effort to make it secure, user friendly, tweaked for larger adoption and especially regulated so the scums and crooks don't find a heaven in it. ok thanks for that, before i had just wondered, now i definitely know that you are a simple lightweight roll. not worth bothering with, have fun in your safe little pond camel rider
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fun fact : i got my credit card hacked two times on the net last year and each time my bank refund me within 10 days to protect me.
More than bitcoin can ever do
only an idiot lets their credit card get hacked ... and your credit card fees include costs for all the other idiots who let their cards get hacked and the idiot companies that 'secure' all the massive credit card databases ... basically its a bog hack system that costs a lot of of money to keep patching up secure bitcoin properly and it never gets hacked and you never pay more than you have to, or paying for others incompetence. PS: you're credit card was basically worthless last time i looked anyway ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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honestly ... do you all actually think that the thousands of years of kings and swords and blood and gold and conquest and kings and more gold and swords and castles and religions and wars and conquest and gold and swords and wars and countries and kings and wars and wars and wars and slaves and gold and more wars and ships and slaves and cotton and countries and revolutions and kings and gold and wars and planes and bombs and wars and that allllll of the handful of the worlds wealthy elites who have passed down their wealth through the generations since the dawn of civilization are going to let it all go let all of their money and all of their power go and allow a handful of asshats with laptops who installed an interesting piece of software take their place and supplant their singular position as the rulers of earth ? honestly ?
https://www.youtube.com/watch?v=x5m1A7zoIcc
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Edit: I am curious, what do you do in life ? like what is your profession ?
you won't believe this but i'm actually a professional camel jockey ... i dabble in rocket science, math, crypto, FOSS when i can get the sand and crap out of my eyes
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6) have fun being out of the control of the facist bankster cartels
I prefer bitcoin mining cartels myself. as i thought, seriously delusional ... you don't know very much at all about how bitcoin works, or even how your computer works do you?
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noobs:
1) buy the dips ( like now), don't invest more than you can afford to lose
2) keep away from the exchanges, use local trading
3) anybody asking for your info to trade bitcoin is a likely fraudster or data-miner of some sort
4) hold your own private keys
5) if you don't know how to do any one of the above learn it or bitcoin is not for you yet
6) have fun being out of the control of the facist bankster cartels
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Screwing noobs over. Crashing to the ground. Amazing stability as a store of value.
This is actually good for Bitcoin™
find me a noob who didn't know bitcoin was volatile ... they come for the thrills and spills and the roller coaster ride ... stability is years away you trading bears shouldn't be investing more than you can afford to lose ... even at 20x leverage, this market is dangerous, it will reem you arse with one false move, then the exchange shuts and you'll get wiped out totally, goxxed and stamped.
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up 33% in under 3 hrs ... find me another investment that good. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) only if you just bought at a$150, otherwise you've been losing your shit continuously for more than a year. 1 year is a totally arbitrary timeframe for an asset that has been increasing exponentially for 5 of the last 6 years, curious unit you choose? You know what.... I give you this, but I will remind you about this talk when we hit the real bottom, only then when we shake speculators and cultists idiots, then Bitcoin can improve and prepare for mass adoption, right now Bitcoin is dangerous and highly speculative and hoarded, it is not prepared for what it was designed for by all means.... don't forget this conversation. ooooh, am i meant to be awed by your omnipotence?! latecomers always full of crap inevitably.
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up 33% in under 3 hrs ... find me another investment that good. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) only if you just bought at a$150, otherwise you've been losing your shit continuously for more than a year. 1 year is a totally arbitrary timeframe for an asset that has been increasing exponentially for 5 of the last 6 years, curious unit you choose?
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