How many cryptocurrencies does it take to screw in a light bulb? ... Who's going to move to a community where you can't water your lawn?
People might move to Los Angels with water rationing but that is because there are enough economic and social opportunities to compensate. ... We need a critical mass of users before a fee market becomes a necessity possibility. Bitcoin's first principles is that the blockreward subsidizes mining until that happens. Agree again  kill me now plz. |
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^Too late |
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^
Stop buying Ethers & watching pornos. Concentrate on keeping BTC > $400.
*My Mom called me up, asked if she should plow all her savings/CDs into ETH. What should I tell her?
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Judgmental? If you paid me $1 million to spend a day at a neckbeard convention dressed up as a clown, I'd do it myself, won't lie. Just a question of $$$$$$$.
No happy endings, tho -- that's out.
Besides that,there are many women who are gambling and chatting at casino's,everything cannot be faked. You mean in chat boxxen? 99.9% sweaty fat bros. Unless Eliza counts as a female. |
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are classic devs even qualified to touch bitcoin, besides change the #define 1MB?
its gr8 there's a competing impl., hope it doesn't fade into obscurity.
but core will be the reference impl. for some time.
Are Core devs qualified to touch Bitcoin? Is it lack of qualifications that's responsible for their stalling? "It's all very scientific and complicated, we must conduct Rethier-Binks perambularization model analysis for at least 3 years before it's safe"? But as far as having cred outside of Bitcoin? Classic devs certainly have more.  |
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OH well what are you guys going to say about her  That people do many things for money, including getting dressed up in ridiculous outfits & spending a day at a neckbeard convention? or the bitcoin chick on twitter ?  You mean the one in the pic, who hasn't tweeted since 2014? Most likely a sexy alterego of some pasty fat d00d, Idunno. You are being judgmental.It could be anyone behind that,maybe not much active on social medias ? However, i have seen a lot of girls on primedice promotional theads,where they were posting pic's with the caption "I love Primedice".It's not an exception. Judgmental? If you paid me $1 million to spend a day at a neckbeard convention dressed up as a clown, I'd do it myself, won't lie. Just a question of $$$$$$$. No happy endings, tho -- that's out. |
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^^Non-mining nodes are *wallets*.
Suggesting that they mean anything above that is adding a layer of superstition on top of scripture -- like Catholics breaking canon by praying to Mary.
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Did you know that TV was invented in 1926? Probably not because it took 26 years until 25% of the population used one! What is the TV used for today? ... Did you know that the first wheels were created to serve as potter's wheels around 3500 B.C. in Mesopotamia— 300 years before someone figured out to use them for chariots? It took another 3,000 years before 25% of the population used one! What is the wheel used for today? "In 3,000 years, Bitcoin will be used by 25% of the population!" --OP |
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bargainbin/notlampchop/whatever: you are a nsa/banker rat, the sooner you admit defeat and ragequit, the better the chances your DC puppetmasters will be kind to you and maybe let you into their R3cev consortium, distributing stickers and vaporware brochures..  Thanks for buying my BTCits, chump prudent investor   |
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... Quickseller Trust: -15: -5 / +17 Warning: Trade with extreme caution! My "trust" is set to default, this is what I see:  Congratulations, Quickseller! |
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That bridge that's backed up for miles during rush hours? Only 10% utilized, on the average Nobody is forcing you to use bitcoin, nobody cares about what you want.
NO U!  You're like Icicles's sulky, retarded little brother. You're the one that wants to change it. Good luck fighting us anyway. Money always wins. Money? Or BTC? Because if you hodl BTC, you don't have a voice in Bitcoin's "economic majority"  Either. Wealth wins. Wealth does win. Sadly, having BTC is as relevant to wealth as hodling BTCeanies: It's the people with $$$ (the ones in position to buy the BTCeanies BTC churned out by the miners) who matter, not U *You also misspelled ETH, which is doing grrreAT!. @hdbuck/444[something]:  |
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That bridge that's backed up for miles during rush hours? Only 10% utilized, on the average Nobody is forcing you to use bitcoin, nobody cares about what you want.
NO U! You're like Icicles's sulky, retarded little brother. You're the one that wants to change it. Good luck fighting us anyway. Money always wins. Money? Or BTC? Because if you hodl BTC, you don't have a voice in Bitcoin's "economic majority" |
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I think he's talking about bitcoin banks that generates interest. I don't think there are any legit ones out there at the moment.
Well, legit banks already exist, they're called PoS altcoins. They're coins with interest payment built inside themselves. No need to trust a third party here! There once was a real Bitcoin bank, with an IRL branch office and everything. Remember this?  Hmm... Nope. No idea about what this empty room is about ^^ "Those who do not learn history are doomed to repeat it." --Brainyquote.com  https://www.google.com/search?q=neo+bee&ie=utf-8&oe=utf-8 |
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...
Learn to read, limited supply and utility.
Limiting supply of money makes sense (if unlimited = worthless). Limiting supply of monetary transactions only makes sense if you're crazy, because reduces the utility of money. tell that to the central bankers and their cashless society wet dream. That's pretty much what I'm doing: talking to central banker wannabees, who want to subvert Satoshi's p2p cash into a bank2bank settlement layer
Also, how is it that all you goldbugs confuse scarcity with limited supply? |
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...
Learn to read, limited supply and utility.
Limiting supply of money makes sense (if unlimited = worthless).* Limiting supply of monetary transactions only makes sense if you're crazy, because reduces the utility of money.
*though not as self-evident as it seems, because China since late '80s. |
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1. The network capacity is half a million transactions per day no matter how high the fees are. Fees don't change capacity.
2. If people are forced onto layers, then the fees that go to securing the network will go to the layers also, depriving the miners of needed compensation when the blockreward gets halved. If the 1 MB limit is never raised, then the network will eventually be funded by those same half million people even if billions are using it in layers and side chains. That will present a security problem.
extrapolating out hashing difficulty, the mining network in a couple of years will be several gigawatts, all funded by fees because the block reward will be next to nothing. That means that fees will have to reflect a cost of hundreds of dollars per transaction if we keep the 1 MB limit!
1. Economics is about dealing with scarce resources, not free shit, especially of the self-defeating kind. No, economics is the social science that describes the factors that determine the production, distribution and consumption of goods and services. You're thinking BTCeanie BTCabies. 2. Therefore the upper-layers managers will do exactly what you ask: paying higher btc fees thanks to the higher volume that they manage -not work at a loss and compensating it with volume :-D
What is a non sequitur? ...
XMR is Monero
You mean that secure, private, untraceable cryptocurrency that's been doing amazingly well, unlike BTC (which is only pseudo-private and is neither secure nor untraceable [arguably])? |
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Curious aside: Out of the last 4 posts, we have users advertising a gambling website, a (camwhoring?) porn website, and a bitcoin mixer (money-laundering website). Some serious potential here And you are talking off-topic... That's what "Curious aside" means, yeah. Ur smart. |
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... Security is the most important thing giving value to XMR units and so a lower security will lower the intrinsic value of Bitcoin. ...  Good morning, everyone! |
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Fuck me. It's hard to imagine a worse call. Well, the market has spoken and the market always gets the last word.
This is weird. You're talking like a human again. Have you been sampling that eco-fuel? Embarrassing Fact For The Day #1: I would've made the same shitty call. The only reason I didn't is because Embarrassing Fact For The Day #2: As of late, I liek to watch  |
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