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701  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 30, 2019, 04:58:19 AM
I don't know how spam would be as a main ingredient, but it's a good accompaniment chopped up in fried rice, for instance.
702  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 30, 2019, 03:14:23 AM
Quote from: Shelby
https://www.coindesk.com/scammers-boost-bsv-price-with-fake-satoshi-confirmation

This is how BSV gains value, lie about proof. Aussie man is all the majority of BSV cares about and as it goes on more and more I believe Jbreher is now a believer as well.

The thing is, segwitcoin trolls are the scammers.

Watch ur last wall

https://www.bnnbloomberg.ca/video/calvin-ayre-invest-in-bitcoin-sv-not-other-crypto-tokens~1694302

 Shocked

Adaptive block sizes debunked:

https://steemit.com/bitcoin/@anonymint/psadrv

That is a dire condemnation of BCH and BSV.



Funny. Shelby had been copying me in PM on most of the recent traffic, yet neglected to include me in this one. Whatevs.

Maximum 15 msgs daily limit reached. Not intended to exclude you. I am making a brief concerted effort here and now (soon to disappear again) to convince you that BSV and BCH are scams:

http://trilema.com/2015/if-you-go-on-a-bitcoin-fork-irrespective-which-scammer-proposes-it-you-will-lose-your-bitcoins/

http://trilema.com/2016/to-the-dao-and-the-ethereum-community-fuck-you/

That said, it is a reasonable point. However, it kind of flies in the face of the probability that Satoshi -- whomever he/she/they may be -- likely has ownership of something on the order of 1Million BTC, BCH, BSV, BTG, etc... Exercised or not, the option remains a locus of centralization.

The power-law distribution is inviolable, yet it doesn‘t logically follow that Satoshi would design a system that requires him to doxx himself, make himself culpable for unleashing a system that is going to be perceived as a huge threat to the nation-states eventually:

https://steemit.com/bitcoin/@anonymint/ps65tg

https://steemit.com/bitcoin/@anonymint/secrets-of-bitcoin-s-dystopian-valuation-model

Nor design the game theory such that his own stash (or anyone else’s) would require any obvious centralization to protect the immutability of the system. All those who think Core is not altcoin, are going to learn this the hard way by being impoverished.

Nevermind the fact the Shelby has from time to time reversed tack on things he was adamant were settled gospel.

As I learn. Bitcoin is like an onion, keeping peeling off layers of new understanding. So it was not designed by some programmer in his garage. Bitcoin is very, very deep:

https://steemit.com/bitcoin/@zoidsoft/psa7we
703  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 29, 2019, 08:51:26 PM
Mic, we're going to need to hide you in the cabinet next to the mayor until this all blows over.
704  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 29, 2019, 08:30:18 PM


Thanks for all your great and terrible poll ideas!
Crispy or soft! The fuck, everyone except psychopaths like it crispy.

Liked it crispy..................... Roll Eyes

edit: @infofront, poll is wrong, where is the I don't eat meat?   (its not that I don't like it) Roll Eyes Tongue

How do you like your

705  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 29, 2019, 08:17:09 PM


Thanks for all your great and terrible poll ideas!
706  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 29, 2019, 08:15:12 PM
if i were satoshi (ALL BOW BEFORE THE MIGHTY VAPOURMINER... err i mean SATOSHI) i would dump the alts and donate them to charities/research/foundations. many of the real bitcoin stash too. i mean satoshi really needs more than a million coins to be happy? jeez and i thought I was being greedy with my pitiful aspirations..
Alternate possible scenario: Satoshi foresaw the possibility of idiots perverting his system, and maintained a large reserve of coin capable of righting the wrong. #justsayin

Shelby's response:
Quote
Satoshi wasn’t dumb enough to design a decentralized game theory that required his centralization. How can you continue to allow yourself to be scammed and fooled? Always coming back for sloppy seconds, thirds… I’ve tried to help you and @realr0ach, but both you appear to be unteachable.
707  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 29, 2019, 06:22:50 PM
Quote from: Anonymint/Shelby
Quote from: realr0ach
Quote from: dyask
Quote from: realr0ach
Quote from: HairyMaclairy
Bitcoin is a store of value.
Wrong for the 4000th time.  Nothing is a store of value unless it's a non-perishable commodity.  Bitcoin is neither non-perishable or a commodity.  Claiming Bitcoin is a store of value is no different than claiming Dogecoin, Factcom, or NXT is a store of value.  Everyone knows that statement is completely false, you just pretend you can pass off your lie for bitcoin in an attempt at personal gain.  

In case whoever is reading this is stupid and can't figure it out, things like Bitcoin require external inputs to exist at all.  It's extremely perishable and can disappear at any second.  A real non-perishable commodity like silver or gold simply sits there rejecting any advance of entropy (as far as any human civilization time span is concerned) and doesn't simply vanish without a black hole hitting the planet.
Total nonsense.   A store of value can be anything that a society chooses.   Many non-metal things have been used in the past, such as salt and even stones carved into wheels.   Today, art, coins, stamps, baseball cards and even dolls are often used as stores of values.   As far a commodities go, they are mostly traded in forms of derivatives and actually probably less real than crypto-currency.    Most stores of value in this age are nothing more than numbers in accounts.   We are so far from using gold or silver as a currency that hording them provides no security.   Gold does have a long history of being a useful store of value, but we are at the end of that period.   Maybe you can be buried in a gold coffin, you won't be any better off than someone buried at sea.  In the future maybe your coffin will be found and people will wonder how profoundly stupid it was to horde so much almost as such a common resource as gold.  
The purpose of money is to transfer value from the present to the future.  Time span is 'relative' to the 3rd party observers in this equation, but yes, table salt is an actual commodity that can reliably be used as a store of value for....five years.  If another commodity - let's say gold or silver - can reliably be used as a store of value for a consecutive millions or even billions of years, is it not a much superior store of value?  Of course it is.  

What is the reliable time span bitcoin can be used as a store of value?  The answer is ZERO, because it is not non-perishable, has no time span at all of reliable usage such as five years for salt, and can disappear at any second because it requires external inputs to exist at all.  Bitcoin is not money.  It is not a commodity.  It is not a store of value.  The only thing it can be classified as is a currency.  It even has currency in the name "cryptocurrency" just in case you're too stupid to figure it out.  Currencies are never stores of value and virtually any currency that's ever existed is generally a scam that always starts at a value of zero and returns there on a long enough timeline.
Gold requires an ongoing input of energy so as to maintain the informational state (and public CONFIDENCE) of its value and the willingness of others to accept it:

    I explained to you (https://steemit.com/bitcoin/@anonymint/ps6tdj) that the valuation of all above ground stocks, is set by the opportunity cost of the marginal miner, because one has a choice whether to mine it or buy it.
    Without ongoing transactions in gold, there’s no evidence that it’s still widely accepted. With gold these transaction fees (sometimes hidden in the spread) are paid to the moneychangers (who btw Jesus threw out of the temple). Wit Bitcoin these transaction fees are paid directly to the miners as a combination of protocol-dictated debasement and free market fees.


Gold and Bitcoin are analogous, with the major distinction being that the heavy mass of Bitcoin does not need to move physical locations when BTC is transferred. Read my blog Secrets of Bitcoin’s Dystopian Valuation Model (https://steemit.com/bitcoin/@anonymint/secrets-of-bitcoin-s-dystopian-valuation-model) and all comments below it (including my reactions to Roy Sebag’s recent ZH article), for more details.

Btw, linked below is an elaboration on why I am so confident the SegWit donations will be taken by the miners when the altcoin Bitcoin Core is forced to fork-off (actually fuck off):

https://steemit.com/bitcoin/@anonymint/ps965c

That above linked post (and the entire blog) should also explain why I am nearly certain Bitcoin was created by a think tank of the global elite banksters and their plan for bringing about a world government. See also the following Medium post:

https://medium.com/@hamoun.gh/i-finally-had-a-chance-to-carefully-read-your-article-f0b3dfc38060
708  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 29, 2019, 02:21:07 PM
What should I change the poll to?
709  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 29, 2019, 02:14:32 PM
Here's a post for people like Trollgoossens who actually believe Bitcoin is on some sort of clear skies sailing to an "inevitable" future of 500 bazillion dollars per coin.  I'm linking this Anonymint post because I think even prolific shills like Last of the V8s/Popescu actually do believe him and think this will/might happen (it has to do with the anyone can spend segwit coins and forced reversion to pre-segwit):

https://steemit.com/bitcoin/@anonymint/ps965c

And there's my reply to him below:

I find it odd you're actually bullish on Bitcoin with no valid form of scaling whatsoever.  LN is garbage because it's only possible evolution of network topology is a replica of the already existing banking system where you just have one channel open with a bank who routes all your transactions.  But people are stupid and they'd probably lie and shill for it anyway in order to try and pump their "investment".

But if you think segwit is just an inevitable land mine and LN isn't even in the picture at all, I think I calculated even with 8 MB blocks, only transactions of something like $10k+ would be viable on-chain with mainstream bitcoin adoption.  That's a pretty 'meh' system. Bitcoin would be very niche and probably fade into obscurity.  If it didn't fade into obscurity, it's market share would all be stolen by some higher scaling or cheaper to transact coin.  

That and it's not possible for imaginary, digital shitcoins to defeat metals as the base of Exter's Pyramid in the first place.  And China and Russia have already cast the die proclaiming metals as the future backbone of the financial system too.


You're still looking at Bitcoin as a transactional currency. It's not meant for buying cups of coffee, and it won't work that way. Maybe people will be able to do that via centralized, layer 3 solutions someday.

The 1MB immutable block size guarantees only the wealthiest of the wealthy will be able to move coins on chain. That's by design.
710  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 29, 2019, 03:01:53 AM
6-If this would to happen, BTC would just fork, adjusting difficulty and freezing his coins (you gotta be pretty retarded to think that people who believe in BTC would just give up and switch to BSV to blindly follow the leader "Satoshi"). This is bitcoin, we trust in math not in deities.

Let me see if I have this correct. You think that, should Satoshi start cashing in some amount of his Bitcoins, that the community should fork to deny Satoshi the fruit of his labor?

Divorce the question from whether or not CSW has any relation to Satoshi - that's irrelevant. But I really want to know if you think such an action by the community is warranted.

You took the quote out of context, but let me see if i can spell this out for you "cashing in some amount" is different from crashing the price and then 51% attacking it to destroy the network. Did you watch the video at all? BTC is not a cult and has grown beyond Satoshi. If any entity attempts to destroy BTC, an appropriate action must be taken, even if that entity is "Satoshi". Personally i can live with the idea of Satoshi gone cuckoo or that he wasn't a perfect person (sold guns drugs etc...)

Now to answer your question as phrased, personally i don't have an issue with Satoshi responsibly cashing out and even endorsing BSV (I support ideas not people). But as i previously wrote on this topic, realistically speaking, it'll be very hard for someone to conclusive prove that they're Satoshi. Especially in case of CSW, who couldn't have distanced himself further from Satoshi if he tried. So if CSW has private keys, we would most definitely fork, and then market would decide (but if he kills off one fork [to force people to follow his new chain] he'd make everyone's decision that much easier)

We all knew what we were getting into with bitcoin. Satoshi could come back at any time and dump his entire stash. Most of us have made a calculated bet that this won't happen.

Forking away is not an option. We'd be no better than the cult of Vitalik forking away after getting butthurt about the DAO "hack".
711  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 28, 2019, 01:50:41 AM
He might be one of dem dere homersexuals.
712  Economy / Reputation / Re: LFC_Bitcoin - Reputation Thread on: May 28, 2019, 01:48:53 AM
Good guy. 9.5/10 - would totally bang
713  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 28, 2019, 12:14:14 AM

The life of an OG coiner.
714  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 27, 2019, 03:37:18 AM
that's just what the original mold says

I thought it was kind of light, lol

still cool

yep..definite cool..especially finding it out in the middle of bfe like packwood. I will be down that way next month doing a section of the PCT.

I always thought you were a limey bloke, Toxie.
715  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 26, 2019, 11:54:41 PM
Here's daddy's carry piece.



The one time I may have had to use it, was before I had it. I was rolling through a bad neighborhood in a bad city, with my windows down, like a dumbass. Thankfully, the would-be carjacker was dumber, as he ran at my vehicle from straight ahead, thinking I would slam on the breaks to avoid hitting him. I stepped on the gas instead. Problem solved, but unfortunately he managed to jump out of the way.
716  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 26, 2019, 05:51:17 PM
In memorial of all the veterans and their great sacrifices, we need to pump to 10K tomorrow.
717  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 25, 2019, 02:32:28 AM

We choose to expel the Jews and to do these other things, not because they are easy, but because they are hard.

But do we choose to expel r0ach?
718  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 25, 2019, 02:31:30 AM
via Imgflip Meme Generator

A friend just send me this.... who’s in ?? Roll Eyes lol what a bunch of idiots....

Again good night Smiley

I'm in, if Carlos Matos is back in.

719  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2019, 08:51:09 PM
If it’s to be a stablecoin I won’t bother with it.

Do you truly honestly believe Mark will expose the wealth of his billions of users to a bunch of cockhonkers on Bitmex?

Merited exclusively for the use of the word "cockhonkers".

Respect.
+1 WO merit
720  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2019, 05:18:08 PM
I might get my hat made seeing as though I wear an avatar for bitcasino.io in their sig campaign.

Watch this space Wink
I already have a hat but still I did not have the privilege to wear it and the reason is same like you 😉 By the way, thanks to bitcasino for those BTC they send me weekly 🙂


0.02BTC a week is better than a slap in the face.

I must have earnt about 7 or 8 bitcoin’s from sig campaign’s over the years, maybe more. I can’t be bothered to work it out.

It's hard to argue with that. That could end up being $millions. I still consider joining one occasionally.



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