Green is my favourite colour. 

Hey Phil

Do you agree with Donald Trump when he says that Russia is America’s friend and the EU is America’s foe?

Interesting piece on how politicians end up supporting Russian disinformation by validating conspiracy theories.

https://www.snopes.com/news/2018/05/03/jade-helm-russia-abbott-hayden/

Rose:   You make a good point.  There is a lot said by Satoshi on this forum that doesn’t sit well with the White Paper.  And for the record, I am not a strict constructionist so not worth quibbling over words of someone who is probably dead.

Dear Jbear

Please cite from the White Paper.  

Hint:  you can’t, because it’s not there other than a reference to SPVs which I expect you will seize on being the Bcash lol fanboy that you are.


His later statements were an acknowledgment of the way Bitcoin was developing in practice.  In any event, it’s moot because we are where we are with miners holding significant power.  

We were sitting in the $1800 - $2500 range in July 2017.  

There’s this thing called a difficulty adjustment.  It can go up, but relevantly can also go down.  With low enough difficulty the entire network can be run with a single laptop from 2009.  

I still have a laptop from 2009.  We will be fine.

PS the miners were never intended on being a separate group from the users. Satoshi didn’t foresee ASICs.  Live and learn.

You have something better in mind while we wait for the halvening in 2020?

IMHO uncertainty has been drastically reduced. There are enough people out there who understand Bitcoin’s purpose and role that it has long since passed the “passing fad” test.  This isn’t Linden dollars. 

49% of Bcash lol nodes run from a single rack in an Alibaba data centre

https://www.ccn.com/bitcoin-cash-network-highly-centralized-49-of-all-nodes-run-on-alibabas-facilities-bitpico/

Hey Traxo

We can make a deal.  Instead of ranting about how no one respects your authority, how about you tell us something important, interesting or at least entertaining.  We will then respect you in the morning.

Do we have a deal ?

The comment was intended sarcastically but this is the internet so the sentiment is poorly expressed without an /s tag.  I don’t doubt that the Chinese gambling ring valuation of $1 billion is as dubious. As dubious as the $900 million ascribed to Kylie Jenner who as far as I can tell has sold at most 300,000 make up kits @ $29.  Which is $8 million in revenue. Math is a fucky thing.

EOS raised more than a billion

Thanks Eddie.  I need to acknowledge Bones, Infofront and JJG for pushing me through the 500 merit barrier.

In other news the Chinese police have cracked a $1 billion World Cup crypto gambling ring.

https://www.theverge.com/2018/7/13/17569006/world-cup-gambling-ring-china-police-cryptocurrency

Than is for comparing two things.

Then is for something that happens after the first thing.   

Better dead than red.  Go big then go home.

As noted above, Segwit is default setting on Trevor but you can open legacy addresses.  You only get “forced” onto Segwit if you don’t understand what you are doing.

Whether people who don’t know what they are doing should be defaulted to Segwit is an interesting debate.  I would be inclined to go with “yes”. 

Nice one but this isn't my first rodeo.  Where will you be when the train leaves the station in 2019?

All you kids wanting to get in on the ground floor of something big.  Its not too late.  You have about a year to build your Bitcoin holdings.  Chasing shitcoin pumps is going to get you nowhere. 

40 BTC is worth getting some help recovering if you can’t get it yourself