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521  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 09, 2016, 06:37:33 PM
Yeah, right... If I wanted to get sympathy, I would reach out and post details on a semi-anonymous forum for such...  Sounds like a great strategy to deal with mental issues  Roll Eyes

...sometimes...

...............................the irony........
522  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 09, 2016, 06:34:52 PM
523  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 09, 2016, 06:27:46 PM
Just got margin called. Again. Worst day of my life.

Yeah, right... you are either a dumb-ass or making shit up, again.


[why not both, meme?]

You're the gentleman who made me feel bad about being so trusting...

594 on BTC-e Sad I was promised we would *never* go below 600 Cry

Don't be an idiot.

First:  BTC-e is not reflective of overall BTC prices, HELLO?


Second:  If anyone tells you "never" in relation to bitcoin, then by definition, they must be either misleading or misinformed or more likely, you are making shit up in order to act like a drama queen...  Roll Eyes Roll Eyes

I guess I should stop trusting people so much. They seemed nice . . . you're not even nice, you're just rude.

And now on this, the worst fucking day of my life, just as I'm at my lowest and most fragile, you return to torment me some more? To rub your poisonous hatred into my wounds?
What kind of a heartless monster are you?

Hi porkchops! How ya doin?
524  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 09, 2016, 04:47:12 PM

BAAAAAAAAHHHH!!!!!!

OK, YOU BUNCH OF FRIGGIN HALFWITS!!!!!!

LET'S LAUNCH THIS FRECKER!!!!




BAAAAAAAAAAAAAAAAAAAAAAHHHHHH!!!!!!!!!
525  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 09, 2016, 04:42:01 PM
LIVE! Bitcoin Block Halving Party: https://youtu.be/rJdID7feU8E


Is that you?

Say hi to Fatman!
526  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 09, 2016, 12:32:39 PM
Bitcoin does require electricity and hardware to be produced. This is an objective fact. And that requires a certain minimum of money. Facts, such stubborn things.

But money spent does not mean there's value.

and only idiots would waste terajoules of energy a year digging yellow metal out of the ground.

I think we can agree that if I spent terajoules digging sand instead of gold I wouldn't have something as valuable as the idiots you refer too.

As you see, plenty of circular reasoning going on.

At least if you are going around in a circle you don't get lost.

au contraire mon frère

http://scienceblogs.com/notrocketscience/2009/08/20/do-lost-people-really-go-round-in-circles/

Quote
Oh wait, Columbus.  I still stand by my statement, I'm getting dizzy.

And there you go...

Quote
Speaking of valuable, at the time of the having I will be visiting a very old person, much older than Jimbo.

Tell him/her that I said "hi" if you run out of conversation material. That kind of stuff fills in a lot of time with old people.


"Aw, that's nice!"
"He's such a nice boy."
"Who?"
"Have I met him?"
"Was he the creepy guy down the street?"
"Who's his parents?"

527  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 09, 2016, 11:34:44 AM
Bitcoin does require electricity and hardware to be produced. This is an objective fact. And that requires a certain minimum of money. Facts, such stubborn things.

But money spent does not mean there's value.

and only idiots would waste terajoules of energy a year digging yellow metal out of the ground.

I think we can agree that if I spent terajoules digging sand instead of gold I wouldn't have something as valuable as the idiots you refer too.

As you see, plenty of circular reasoning going on.
528  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 09, 2016, 09:54:47 AM
So tense...im feeling a dump btw...why rush to buy in last few hours...
I think dump, its one last chance for a shake out, then within next day or two...boom back up

Dafuq? Mrrumpypumpy bullish?

529  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 09, 2016, 09:51:05 AM
As long as bitcoin has intrinsic value (which we agree it does), the price can boom due to economic conditions, just like the precious metals.

where's the intrinsic value? i don't believe anything has intrinsic value in the great scheme of things. value's awarded and mutually agreed, it's not a concrete thing.

you're right, all value is necessarily subjective because value is a human construct that doesn't have an object existence you can prove with experimental or observational evidence.

However, Landauer's principle of information theory ensures that entropy-increasing, irreversible computations (like bitcoin's proof-of-work hashing) consume a quantifiable minimum requirement of energy. Energy is an objective, extrinsic property associated with many different tradeable commodities that are widely marketed. i.e. valuable, across the planet.

But energy is just an underlying need in all things based on computational technologies, and we have just founded this critical issue a priori, so the potential value of bitcoin was never calculated based on its energy consumption.

Basically, yes. But if you look at what he wrote and not what he meant you could say that the base of the minimum price is the cost of running a handful of RaspPi's. The myth he is attempting to promote is perpetuated by many Hero and Legendary members of the community. Sort of worrying. And a good indication of how much trust you should put in anything written here.
530  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 07, 2016, 07:48:50 AM

This is why we can't have nice things
531  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 06, 2016, 04:45:30 AM
Yeah bitcoin just needs its 6th constitution like France ... and its not really a technical thingy anyway. Socialism will fix everything in the end, just trust us you don't really need to eat when food prices go up too much.

Idiots abound.

Yah, I see analogies aren't your strong suit.
532  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 06, 2016, 04:37:11 AM
Even if we get some code for a hard fork this year, what happens when the miners want to run with it, but the nodes won't budge? (Again.) Is that just the mechanism doin' it's thing?

They could just copy/paste some classic code or bitpays adaptive block size today and have it running by tomorrow. And if they do this in secret you'll have a Dr. Merkwürdigliebe scenario.

What I worry about is if a safe LN is 2-4 years away. And we're too hung up about who said what to actually allow the 1MB cap to be safely lifted in the meantime.

Imagine a world with indecisive types who'd prefer maybe not to see a hf ever. Be as optimistic as you can. Would we have inevitably crippled Bitcoin?

That will only happen if everyone bows down to fear mongering idiots. Like with Brexit or Donald Trump. Surely there are no such people in Bitcoin.

To be continued then...

Is politics really a fitting analog here tho, I wonder. It's a tech community, after all. A tyranny of a majority of Chinese mines doesn't sit square with me either.

The chinese miners are here now whether you like it or not. If they turn into a tyranny they'll be mining on a dead fork before long. What you asked was no more hf. Which I would say is analogous to extreme constitutional conservatism. Bitcoin isn't a purely technical community. The challenges it faces aren't purely technical. The hf challenge is definitely not purely technical. We know hard forks can be done. It happens all the time. France is on its fifth constitution and the US considers theirs as holier than the bible.
533  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 06, 2016, 04:05:30 AM
Even if we get some code for a hard fork this year, what happens when the miners want to run with it, but the nodes won't budge? (Again.) Is that just the mechanism doin' it's thing?

They could just copy/paste some classic code or bitpays adaptive block size today and have it running by tomorrow. And if they do this in secret you'll have a Dr. Merkwürdigliebe scenario.

What I worry about is if a safe LN is 2-4 years away. And we're too hung up about who said what to actually allow the 1MB cap to be safely lifted in the meantime.

Imagine a world with indecisive types who'd prefer maybe not to see a hf ever. Be as optimistic as you can. Would we have inevitably crippled Bitcoin?

That will only happen if everyone bows down to fear mongering idiots. Like with Brexit or Donald Trump. Surely there are no such people in Bitcoin.
534  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 06, 2016, 03:50:20 AM
Even if we get some code for a hard fork this year, what happens when the miners want to run with it, but the nodes won't budge? (Again.) Is that just the mechanism doin' it's thing?

They could just copy/paste some classic code or bitpays adaptive block size today and have it running by tomorrow. And if they do this in secret you'll have a Dr. Merkwürdigliebe scenario.

What I worry about is if a safe LN is 2-4 years away. And we're too hung up about who said what to actually allow the 1MB cap to be safely lifted in the meantime.
535  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 06, 2016, 02:33:37 AM
@ -09:07 Roger Ver thinks it takes at least another year, and likely many years, before LN is ready on mainnet.
http://www.alexfortin.com/rogerver/

Roger Ver of "Mt.Gox is fine" fame.

A year may be accurate . Expectations are 3rd Q this year from devs , but in reality there will likely be delays as they need to wait for segwit to activate and than test on testnet. But it is hard to say Because segwit has been on the main bitcoin testnet for over 1 month and i know of many developers testing LN right now as we speak so in reality we could see some early implementations this year.


Maybe it would be a good idea to start testing 2/4/8mb blocks in the meantime.
536  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 03, 2016, 05:43:04 PM
Crosspost. Because explains our current price predicament Sad

Bitcoin Plunges In Value As Hackers Spook Market

The unpredictable progress of Bitcoin hit another downward spiral as more crooked dealings were revealed.

Bitcoin hit a two-year high of around $775 just a few days ago and then plunged by 25% after a major exchange went offline after an attack by hackers....

http://www.moneyinternational.com/currency/bitcoin-plunges-value-hackers-spook-market/

Yeez, porkchops... have you been feeding journalists with bad info..... have you taken trolling to the next level?

Surely that journalist can't be this stupid.
537  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 03, 2016, 08:43:32 AM


TIMBER!!!
538  Bitcoin / Bitcoin Discussion / Re: ToominCoin aka "Bitcoin_Classic" #R3KT on: July 01, 2016, 04:05:04 PM
Oh but you aren't being a dick, are you, Fatman?

Always

Fat too

But nobody gives a flying fudge

I'm not going to wreck Bitcoin by being a dick

If I were I might change my ways
539  Bitcoin / Bitcoin Discussion / Re: ToominCoin aka "Bitcoin_Classic" #R3KT on: July 01, 2016, 03:21:38 PM
So, any progress on getting on wavelength with the miners or do we have to start a Core #REKT thread soon.

@Gmaxwell

Have you considered opening dialogue instead of being a dick all the time? I understand many people think you're right in the technical bits, but that's not worth much if people turn to other solutions just because they hate your guts.

Like it or not, people listen to you. It would mean a lot if you were a bit more constructive in these matters.

That you help show that your solutions tackle the issues of concern in a satisfactory way.

In short: Grow the fuck up

(Oh, and did I mention "Don't be a dick"? Well... don't be a dick.)
540  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 25, 2016, 07:34:22 AM
Right, so since we're on topic how many gun related deaths happen in US and how many in France?  

You cannot compare the two , too many differences.
I do agree though, that higher amounts of guns = higher amounts of gun violence generally.(although I hate how they lump all those gun suicides in with gun murders to mislead you.)  

Welcome to the age of the intelligence of evil. I'm all for working on lowering gun murders , but suggest we first focus on those doing the most murdering first, than we can talk about lowering the arms in the nonviolent "common man"

Bitcoin slightly weakens those institutions which murder and torture the most so this is one way we are helping.

Oh yes, let us peer into the abyss that is Bitusher. Who are these people and what needs to be done to them?
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