Listen, you logic-deficient meatbag -- you abundantly IMPLIED I was "controlling what was said" by your little crybaby "everything you can to shut down" statement. Its amazing that I have to SPELL EVERYTHING OUT TO YOU like you're some aging OCR reader in a public library.

The entire "Free Speech" conference is a misnomer, a whining little spit-against-the-wind "protest" by someone who has no clue as to what the future will be. By covering it in the whinge-fest of "Free Speech", Ver is implying that he doesn't have the freedom to say what he wants --- BUT HE FUCKING DOES. So, when a user comes along and gives the all-smiles thumbs-up with a shitty shillpost, you better believe that I'm going to take them to task about it.

Ver can spread his ideas anywhere he wants, but by acting like he's a VICTIM, he only proves that his ideas weren't useful to begin with. If you have to play the card of being "oppressed", you've already lost your own PR battle. Its fucking maneuvers like these and his constant in-your-face-do-it-like-I-say-or-we're-doomed bullshit that gets under people's skin.

And yet, there are useful idiots that will defend him to the very end, perhaps because they identify with being VICTIMS instead of actually contributing towards some kind of progress.

Give me a fucking break with your "woe is me" crap -- this isn't a middle-school playground where you skinned your knee and everyone rushes to kiss your boo-boo.

Oh look, another shitcoin with zero redeemable characteristics.

Pass.

You act as if pointing out a post that has little or no content is some kind of free-speech violation.

It isn't. His shitty little post is still in this thread, is it not?

Your equally shitty posts about a shilling shitpost is still in this thread, is it not?

So take your attitude and stuff it -- if you can't handle someone saying anything contrary -- then by all means, block me. Your hyperbolic reasoning that I'm "shutting down" discussion is idiotic. I type stuff, you type stuff. I'm not controlling your hands on the keyboard, am I? So get off the high horse of "free speech" and get some backbone, it isn't rainbow meadows and blue skies out here.

People using "Free Speech" to have a technical meeting are the very same that don't understand free speech in the first place. But then again, this is the generation of "safe spaces" and "don't hurt my feelings with your facts", so naturally it turns into a whining crybaby fest about how someone is being "kept down" somehow.

How utterly pathetic...

You must be a fan of one-off tossers posting 5-star reviews of products on Amazon, even if they haven't used it.

My comment is not just "free beer", but the absolutely transparent shilling effort put forth by someone with zero substance behind their opinion.

In short -- a shitpost is a shitpost, but judging by your response -- you're very familiar with shitposting.

We're free to express our opinion. All you have is facile arguments about code mutability. So what? This isn't about changing code, its about a self-appointed Don Quixote-esque character that doesn't see reason.

But go ahead, keep throwing stones from your glass house.

There you go, all you need to post glowing reviews is free beer....

WTF.

You do realize that the CME - the largest futures exchange in the world - is working on making an index for Bitcoin for eventual trading contracts?

I find your 10 - 20 years laughable in that respect. But then again - you are named after a dinosaur banking cartel.

So basically Ver has 1% of global hashrate, putting his twat like activities at number 17 when ranked for hashrate.

He wants to get a miner majority so he can ram crap down people's throats, hard-fork style. What a fucking loon. China isn't going to play along, and they have a much larger vested interest than some mono-brow PR flack like Ver.

Its amusing to see him try to pull together resources. My money says his efforts fall apart after he can't afford to be a 'loss leader' on payouts -- which I assume he's making on top of the normal block reward -- how else can they claim they make more?

In short -- just another Ver mirage...

Nobody mentioned the absolute lack of correlation that Bitcoin has to any equity index or major market. That's a good thing.

As for gold, I don't see many advantages to "stacking" where sales are recorded, gold is dense and not easily transported over borders (searches for wealth transfer specifically target gold and cash mules), and you have to worry about its quality, even from a reputable source. I don't need to "assay" my Bitcoin -- its either confirmed in my wallet or it doesn't exist.

But everyone has to pay lipservice to gold, because thousands of years, blah blah blah blah blah. Just because the same shiny trinket is used over a long period of time doesn't mean that societal values won't change.

Also, whenever there's a disaster, such as the typhoon in southeast asia -- you dont' see survivors dusting off their "stacks" to get food and water. They just storm the warehouses and fucking take it. I don't buy the whole prepper attitude of "Gotta have gold to trade with when everything falls apart" -- because actual GOODS will be more valuable than your precious stacks. But let them learn that lesson on their own, I guess. (If such a scenario even ever happens... which I doubt.)

Screw gold.

Bitcoin uber alles.

Love him or hate him, at least he puts his money where his mouth is -- unlike lots of vaporware jackholes that have endless "crowdfunding" sales, pocket the funds and start yet-another-shitcoin-idea.

I'll take a P2P network fueled by Bitcoin payments any day over the retard-vaporware I see all the time on this forum.

Roger Ver is following in the footsteps of Mike "Temper Tantrum" Hearn.

When you disagree, you need to be a complete twat and get in everyone's face about how their choices are "bad". If that fails, then you get to call Bitcoin a "failed experiment" and take your ball and go home.

We're still waiting for the "and go home" moment...

LOL.

JPMorgan using Ethereum amuses me greatly. "Hey guys, lets use the network that got taken down recently due to code that was allowed to execute. What could go wrong?"

Oh I know -- its all "fixed" now.

Sure thing. I bet its totally "fixed" in the same way that nobody saw the ETH contract heist coming. Using a coin that has to obey code is probably one of the more idiotic things a bank will adopt, and I look forward to the hilarity that will ensue in their bumbling efforts to make a market for it.

Linking to an entire sub-DumbIt is ridiculous. Your actual link should've been to -- http://bravenewcoin.com/news/decent-a-torrent-blockchain-presale/

DECENT looks like a steaming pile of shit, which isn't surprising seeing how everyone and their brother is trying to "crowdfund/sale/ripoff" their shit-coin in an effort to get money before disappearing into the void.

Here's their point-by-point summary:

Independent - owned by the users and "will never be affiliated with any economic, media, or political party" -- The fuck it won't, its based on a reputation ratings, which is the single worst way to govern a network.


Borderless - You've got to be shitting me... you know what else is "borderless"? The goddamned internet. So what, you idiots...

Stable - not dependent on any single server - Until the three-letter agencies and the MPAA/RIAA shut you down for having copyrighted works on your Peer-to-Peer network... suuuuuure.

Fair - everyone starts at the same level and build up their reputation -- Until it gets gamed to hell with users playing to be publishers and others self-rating their own shit... just a big circlejerk crap-pile

Profitable - users can buy content directly from the authors and there is no cut taken by Decent -- Until the above happens and ratings mean exactly dogshit...

Spam Free - content publishing is expensive for spammers -- Who will exist anyway if the platform proves to have any kind of reach, invalidating this very claim.

Secure & Anonymous - authors can publish the content anonymously -- Except the transaction record will be recorded into a blockchain, which means pseudo-nonymous at best...

Recommendations-enabled - readers that purchased the content can embed their feedback into the blockchain -- Who really gives a shit. If you want a torrent, you grab it from one of the many seedpeers that exist outside of the DECENT system. Nobody cares about recco's that can be gamed and forged.


So in conclusion, you have a bunch of people gathering Bitcoin for their pet project and issuing some shit-tokens for a torrenting system that doesn't add fuckall for grabbing files hosted on the network. Its a propeller-head stunted dream of getting paid to torrent shit, which I guarantee will end up in the crosshairs of some litigious entities that will do everything in their power to disrupt and shut down their activities. Being a centralized holding entity isn't going to help these schmucks either.

In short -- stay the fuck away, unless you are a rich idiot that doesn't mind throwing money out of a window.

Don't forget that the whole ethereum network was nearly taken down by a single bit of code.

During their big hype-conference in China, no less. Something like 85% of the mining nodes dropped off the network. Is that something you want to jump into?

I sure as hell don't. But as others have mentioned, there are other fundamental problems with ETH besides their mining nodes.

I think Vitalik is your classic young programmer -- he thinks the world can be solved with code.

What he's missing is the real-world elements of greed and corruption will doom his idealistic frameworks. After all, the big ETH heist was a legal bit of code that someone unethically decided to run. Vitalik doesn't understand that, or he comes to that conclusion way after the thieves have plundered the bank.

Making a comeback?

How about it never was a viable alternative in the first place?

Just another Roger Ver fluff piece promoting his personal alt-coin agenda. Pass.

Gavin believes a lot of things.

He believed a con-man was satoshi.

He believed that Mike Hearn was a trustworthy contributor.

And now he believes some garbage about Ethereum.

I'll give him A's for being consistent, at least.... what a joke.

Ethereum is *really* showing its "maturity" by having 80% of its mining nodes taken down by a bit of code inserted into their network.

I guess when you're "turing complete" you have to anticipate that people will run any legal instruction that they can -- and the network will blindly execute it like the good little computer it is. The best part was, since a lot of the devs were in China behind the great firewall, they had to postpone the big ETH hype-conference to save the very thing they were hyping.

The irony is so thick and delicious, I may need an extra espresso with this dessert.

So a little competition reared its head, and we're at another "Bitcoin will Die _______ " meme?

Its like saying "If central banks stopped monetizing debt, would that solve everything?"

No. It won't. Because they're still central banks, with flawed currencies and monetary policies. Same thing with PayPal, they're still a monolithic pseudo-banking concern that has very little in common with Bitcoin. How anyone can even make a comparison as if they're similar is ridiculous to me.

This makes little sense to me.

Auctions - time-limited market activities in a given commodity or security are usually reserved for things that don't trade all that much, so there isn't any real demand for a "price fix" like you have with a continuously traded market.

For instance, Butter is a commodity that isn't traded all that much, but the major producers still need a "spot" fix to hedge prices. Before it became listed electronically, it was confined to a single narrow time period during the week. Participants were the major producers, and there would be only four or five people present to conduct the trades.

All this is telling me is that Gemini still isn't gaining volume, so they're resorting to popularizing an "auction" model that creates an artificial time restriction on a given trading activity. How this is supposed to bolster their continuous trading volumes is not clear -- if you only trade "sometimes", why bother hanging around to make prices on the continuous market?

In any case, just another wrinkle in the bizarro world of Bitcoin exchanges.

This is precisely why PhD's in Economics are always wrong.

They assume "rational investors" exist. They do not.

If the "rational" person existed -- why would ponzi schemes work? They tap into the primal emotions of fear and greed, which overpowers any logical argument. Its why Gox still had people trading even after it was obvious they were going down the tubes, it is why Bitfinex still has people trading even though their business practices are shady as hell -- its why any other offering, from figures like Pirateat40 or the over-hyped enthusiastic Vitalik garner supporters.

There is no rationality in any of it.

Like they say, a fool and his money are lucky enough to get together in the first place.