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561  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2018, 06:14:11 AM
Anyway I'm getting really tired of this and really annoyed that there isn't one single person to step forward to say that they understand what I mean.

Sigh. I think I understand what you mean.

There. Now you've been cursed. Sorry 'bout that.

Haha I'm a leper like you now.
562  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2018, 05:54:11 AM
Well then make an argument for why your preferred fork is "the real bitcoin" that is not based in opinion or some sort of logical fallacy.

What came first. Bitcoin, or Bitcoin Cash ?

Now please go and fuck off already.

Yes I did. I "fucked off". See my earlier comment where I said I'm done talking about it. I'm pissing people off and that never was my intention. Sorry.
563  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2018, 05:42:17 AM
I don't like the look of catamarans. Doesn't seem like a practical boat like monohulls.

I would get something like these:
https://www.youtube.com/watch?v=dVudJwOeB0o
https://www.youtube.com/watch?v=uwG_o0Yvm8g

Monohull or catamaran, I am with you on this one, fuck lambos. SailboatCoin is the real LamboCoin! DO YOU HEAR ME BCASH FANBOYS?


Well first off no cat will ever be as sexy as a really beautiful monohull. I could never argue that. And yea I love monohulls too but the wife gets seasick in my little monohull and cats, apparently, drastically reduce sea sickness so I promised her that we would buy a cat next time.


not sure I'd want to be in a knockdown in that

I think I will stick with monohulls
Apparently well designed modern cats are no less safe for blue water cruising than monohulls, or if so only marginally enough so that no one really cares. Other than that they have some other big advantages. The layout is much more accommodating to extended time aboard than monohulls generally. The way you have the whole open floorplan galley and dining that transitions smoothly into the deck as one big area and more privacy between the two separated hulls. Also cats just plain move faster. And everything stays nice and level indoors, no rocking around, you can just have a regular stove, no need for a gimble. So yea plenty of love for monohulls from me, just probably wont be what I end up buying if I do buy another yacht someday.
564  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2018, 05:21:20 AM
#1. Your scenario doesn't matter because that isn't what happened and it doesn't matter anymore, also, see #2
#2. If bcash had forked at the same block as bitcoin, you may have an argument as to which is which but it didn't so bcash is the fork. You can't change how it happened.

Jesus christ man. https://en.wikipedia.org/wiki/Socratic_method
565  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2018, 05:11:27 AM
Bcash is a fork. Bgold is a fork. These are forks of Bitcoin.
This is the least complicated thing ever. Roll Eyes

Let me be clear guys. I share your opinion. It is my opinion as well that bitcoin core is the real bitcoin. All I am arguing is that that is my opinion and not a fact that is in some way objectively valid.

In what fundamental sense is bcash different from bitcoin core that makes it the fork and not bitcoin core the fork of it? Bitcoin core has changed the consensus algorithm too just like bcash. We used to not have segwit enabled and bcash used to not have massive blocks. One isn't "the fork" they are each forks of the other.

#1 Ok, here is an argument for you then. When bcash forked, the market made a choice and declared bitcoin, bitcoin when the value stayed in bitcoin and did not transfer to bcash

#2 Here is another one, bcash changed the difficulty adjustment mechanism (block #478559) before bitcoin activated segwit (block #481824) and was therefore a fork of bitcoin at that instant. Then, even if you want to say segwit is not bitcoin, bitcoin forked from itself at block #481824 and then won the fork with itself and became bitcoin

Did I dumb it down enough for you?

I mean I hate doing this because it's getting really boring and I feel like everyone here should have just understood what I was saying by now but:

#1 So it's a democratic thing? Because I can tell you some of the value did go to bcash. So the fact that more went to core is what made it "the real bitcoin"? So if 51% had gone to bcash you would have reluctantly agreed that it was the real bitcoin? Even though ver's ideas are garbage? What if bcash slowly gains more and more and gets to over 50% in the future? Does it then become "the real bitcoin". If the value bounces back and forth back and forth between 49% and 51% relative to each other does the "real bitcoin" change every day as the value changes? Even if I don't go this route and accept your reason. Even if I allow that "the market decided" why does the market get to decide? You still have to say why. You can't just declare it. It just so happens that I agree with the markets decision however If ver's garbage vision for bitcoins future had won out in market capitalization after the fork I wouldn't have accepted it as "the real bitcoin" just because it had slightly more market cap. I would be here saying that core was the real bitcoin in my opinion even though it was slightly less capitalized.

#2 If that is a real reason, than you would have to say that you would call ver's version of bitcoin "the real bitcoin" if the roles had been reversed and core forked first instead of cash forking first. Are you really prepared to stand behind that?

Anyway I'm getting really tired of this and really annoyed that there isn't one single person to step forward to say that they understand what I mean. Even though I really do believe in what I am saying and I think that I have good arguments behind it even I am starting to feel like a troll at this point. So I think I am going to disengage from this pursuit.

On a lighter node. Screw lambos. I'm want one of these.

https://www.youtube.com/watch?v=BsfgbHvuYRU

566  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2018, 04:49:53 AM
If you have any doubt there are 100,000 nodes which will tell you which is the real Bitcoin.  

So if ver's fork had more nodes it would be the real bitcoin? Even though his ideas are total garbage?

That’s what they call a necessary but not sufficient condition.

So define your method of determining at which fork is "the real bitcoin" and show how it is in some way an objectively valid metric rather than just your opinion. If you throw on a half dozen other criteria than why are they the criteria that get to be used to determine which is "real"?

And answer me this. What if ver and his monstrosity totally took over the market and bitcoin core became a small group of hard core devotees? What if ver's monstrosity became even more centralized than our wildest nightmares but it still gained more and more support and almost everyone in the world was going along with it in every way including node count and what other metrics you want to use and everyone everywhere was calling it bitcoin? Would it then be the real bitcoin? Even though it was more like visa than the original vision of bitcoin? Or would the small group of core users be the real bitcoin?

Bcash is a fork. Bgold is a fork. These are forks of Bitcoin.
This is the least complicated thing ever. Roll Eyes

Let me be clear guys. I share your opinion. It is my opinion as well that bitcoin core is the real bitcoin. All I am arguing is that that is my opinion and not a fact that is in some way objectively valid.

In what fundamental sense is bcash different from bitcoin core that makes it the fork and not bitcoin core the fork of it? Bitcoin core has changed the consensus algorithm too just like bcash. We used to not have segwit enabled and bcash used to not have massive blocks. One isn't "the fork" they are each forks of the other.
Adding any kind of qualifier after "bitcoin" to mean BTC/XBT is unpopular round here. OK, call it religion if you will. In order to minimize conflict, it is advised to use BTC to designate the bitcoin that needs no additional words to be designated. There will be fewer terminological scuffles.
I'm only doing it inside of this specific context, to make the argument more clear. I normally just say BTC to mean bitcoin core because, as I stated earlier, it is my opinion that bitcoin core is the real bitcoin.
567  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2018, 04:39:41 AM
Bcash is a fork. Bgold is a fork. These are forks of Bitcoin.
This is the least complicated thing ever. Roll Eyes

Let me be clear guys. I share your opinion. It is my opinion as well that bitcoin core is the real bitcoin. All I am arguing is that that is my opinion and not a fact that is in some way objectively valid.

In what fundamental sense is bcash different from bitcoin core that makes it the fork and not bitcoin core the fork of it? Bitcoin core has changed the consensus algorithm too just like bcash. We used to not have segwit enabled and bcash used to not have massive blocks. One isn't "the fork" they are each forks of the other.
568  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2018, 04:34:25 AM
If you have any doubt there are 100,000 nodes which will tell you which is the real Bitcoin.  

So if ver's fork had more nodes it would be the real bitcoin? Even though his ideas are total garbage?
569  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2018, 04:33:28 AM
"the real bitcoin" will, unfortunately, always be a matter of opinion not fact.

Someone give this man a deMerit^

I am not defending Ver and his trash coin. I am as adamantly opposed to BCash as anyone here. All I'm saying is that any argument that you make that one bitcoin is objectively "the real bitcoin" breaks down.

You sir, need to lay off the crack pipe

Well then make an argument for why your preferred fork is "the real bitcoin" that is not based in opinion or some sort of logical fallacy.
570  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2018, 04:31:57 AM
"the real bitcoin" will, unfortunately, always be a matter of opinion not fact.

Someone give this man a deMerit^

He was going so well at not being a troll too. 

No I am not trolling. I really do believe what I have said and it is a conclusion that I arrived at after significant contemplation.
571  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2018, 04:29:45 AM
"the real bitcoin" will, unfortunately, always be a matter of opinion not fact.

Someone give this man a deMerit^

I am not defending Ver and his trash coin. I am as adamantly opposed to BCash as anyone here. All I'm saying is that any argument that you make that one bitcoin is objectively "the real bitcoin" breaks down and fails. It's like saying my mac and cheese recipe is the one true recipe and only mac and cheese that is maid with my recipe is REAL mac and cheese.
572  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2018, 04:02:48 AM
Sorry if I came across a bit rude.
Np mate. It's all good.


Roger went full retarded.
Agreed...


I dont mind alt-coins but this is pure fraud.
As much as I wish it weren't the case, as much as I wish I could say "my bitcoin is the bitcoin and that is a fact" the question of which bitcoin is "the real bitcoin" will, unfortunately, always be a matter of opinion not fact.

573  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: April 24, 2018, 03:37:35 AM
I feel Monero Classic was the "major" fork. Monero V will be like Bitcoin Pizza in comparison.
Or that could just be wishful thinking.

I'm still waiting for someone to make bitcoin wood so we can just bring this whole silly thing to an end.
574  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2018, 01:37:17 AM
I try really hard to be. Part of being reasonable means accepting hard truths sometimes.


Anon136, a legend with 49/470 merit earned against 203/414. Over 4 times as much. Theymos's new ranking system indeed provides more useful information than the old. And prompt scouting is available, anyway.

Hey, mighty Theymos, do you hear us? We need more statistics, like "Imagination", "Magic Dust" or "Emep", which might stand for "Earned Merit per Eligible Post (ratio)".
Where the heck are you finding these stats? On my end it says I have 1049 merit. I didn't realize I was in some sort of competition with anyone anyway. I definitely never gloated about my merit or tried to use it to argue from authority or anything like that. So I don't know where all this is coming from. I don't think your scheme would work very well anyway because the best way to get merit is to tell people what ever they want to hear. I think you would find that the people who filtered to the top of your system were the people who stroked everyone off the best.
575  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2018, 10:51:52 PM
But a troll account from 2010 wouldn't know that, right?  Wink
Shocked Do you really think I'm a troll?

If you're not then why are you appearing to troll?

I presumed that you've had plenty of years to do research. We've been talking about the fallacy of the % dominance factor on CMC for a few years now.

It's become completely meaningless. Just add new shitcoins to the list, give 'em a bogus market cap, and Bitcoin's % dominance automatically decreases.

I am aware of the phenomena. I have talked about it before myself but always in terms of off market currency supply like in the form of ripple foundation holdings or dash masternode reserve requirements.

I haven't been active in this thread for years. If you have been I think you would know this. I started frequenting this thread a couple months ago and I certainly don't read even most of the posts. Far too many come through in a day to read even most of them.

I found HairyMaclairy's post to be insightful and illuminating. Even though I was aware of some of the shortcomings of market capitalization calculations I hadn't realized it was quite as bad as the example that he gave and it hadn't occurred to me that there is as direct of a connection between the total number of altcoins and the bitcoin dominance as there is. It hadn't occurred to me that there was a mechanism where one could make an infinite number of altcoins and they would never stop degrading the dominance of bitcoin (since all you would need is 1 trade to set a price and no requirement for any amount of liquidity at all) while not actually representing any real effect on the real world. I guess I kind of intuitively thought there would be a sort of diminishing return on the effect of new altcoins on dominance, and there certainly was early on, but I just now was forced to think through the mechanism that has caused me to realize that the returns probably plateaued at some point and stopped diminishing.

Well anyway I definitely am not above trolling, I have trolled once or twice in my life, but I haven't done it anywhere on bitcointalk except maybe a little bit in the dash thread.
576  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2018, 10:25:37 PM
Market cap of scam coins is illusory.

I posted earlier about how United Bitcoin had a daily volume of $450k on Quione with an order book depth of $560.  That’s not a typo - the total order book depth was less than $1k.
Thanks for the perspective. That number freaked me out when I saw it and perhaps I got a little emotional. You have a very good point. Another example would be something like ripple that claims a marketcap of 34billion but some massive % of the currency supply is locked up and held off market while coinmarketcap still multiplies the price times that locked up off market supply to arrive at the market capitalization.


But a troll account from 2010 wouldn't know that, right?  Wink
Shocked Do you really think I'm a troll?
577  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2018, 10:07:10 PM
Holy bananas. Is anyone else looking at this. https://coinmarketcap.com/charts/#dominance-percentage Bitcoin dominance at 37%. This is not good... Having random scam coins be more valuable than bitcoin does not bode well for the future of the sector. If that trend continues and becomes exacerbated enough I will probably have to start thinking about divesting. A crypto sector where most of its capitalization is represented by scam coins is one that is doomed to crash.

Sorry to rain on the party... It's not calculated or anything. I just happened to notice that little figure just now.
578  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2018, 04:28:06 AM
I am imagining this is what jbreher meant by "bcash has 0 confirmation transactions".

Hmm. I don't remember saying anything of the sort.

I am imagining it because it seems very likely to be the case, not because you ever said it was the case.
579  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: April 23, 2018, 02:45:04 AM
Hello, is it true that if I turn all my BTC in monero and back in another wallet, they will be completely untraceable?

Trying to "mix" your bitcoin in a tumbler is pretty much crap. It doesn't really work. What you describe isn't just a way to anonymize your bitcoins, it is, as far as I am aware, the only way to anonymize your bitcoins. It is the only way to actually achieve what people think they are achieving when they use tumblers.

Don't forget to use tor and vpns and what ever else though as well. Hiding your block chain activity is only half the battle, you also have to conceal your IP address.
580  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2018, 05:28:53 PM
So really all I know is that they intended to "scale" by increasing the blocksize. ... Has anything changed? Are they proposing realistic alternatives to lightning for scaling? Are there new developments that I should be aware of?
0 confirmation transactions. No, seriously - that's the amazing and innovative feature bcash has implemented to try to compete with lightning.

What, did they get some sort of commitment from a federation of miners/pools that when they receive conflicting transactions in their mempool they will mine the one they encountered first rather than the one with the larger fee? That could be done with like 2 lines of code. If it's more interesting than that than I will go do some research.
You mean disabling replace by fee?

Does that mean all I have to do to double spend is send the funds to myself seconds before I send them to the victim?
If the protocol is first transaction gets blockspace, the victim's transaction won't find its way into a block. Double spend will fail, but legitimate RBF transactions could be impossible.

There is no way to know when a transaction was issued. All a big miner can know is when he first saw it and he could share it with all of the other big miners. Then someone who is being paid could reach out to the big miners and ask if they have yet witnessed any conflicting transactions. If the answer is no and the receiver is aware of the miners policy of accepting the first transaction that they encounter in the event of conflicts, the receiver could then relatively reliably trust a 0 confirmation transaction. A degree of centralization in mining would help with this. I am imagining this is what jbreher meant by "bcash has 0 confirmation transactions". If it is than I'm not interested, if it's something else than I am.
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