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841  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 09, 2019, 07:08:31 PM
I'm just glad I sold all of my bitcoin and bought all rights to the Vegeta 9000 meme.

You mean you did not lose it all in an unfortunate seasteading accident?

dude, be kind to Elwar

the world needs people like him

our intrepid Bitcoin explorer/pioneer

No slight intended. If Elwar took offense, I guess I need to recalibrate my sarcastometer.

I doubt Elwar took offense. But if he did, and stopped posting here, how would we know he didn't lose it all in an unfortunate seasteading accident?

We wouldn't. Losing it all is just one of the potential dangers of being within a 12,000 mile radius of any seastead.
842  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 09, 2019, 06:59:36 PM
And as far as BSV is concerned, well let's not. Its been proven an outright scam by this point and there's nothing left to be said.

Defend your statement. In what way is BSV -- the blockchain, the payment system, and the protocol -- a scam?

Don't try to make this an argument of semantics when you know full well what I'm referring to. That's weak sauce.

Get real. I am merely responding to your literal fucking words. If you don't mean to imply that BSV itself is a scam, then don't say "as far as BSV is concerned, well let's not. Its been proven an outright scam". Because that would be lying, you conniving bastard. And lying is scammy behavior. Should we all tag you now?

Defend your statement. Or retract it. Any other path forward for you would be dishonorable.

843  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 09, 2019, 06:54:53 PM
I'm just glad I sold all of my bitcoin and bought all rights to the Vegeta 9000 meme.

You mean you did not lose it all in an unfortunate seasteading accident?

dude, be kind to Elwar

the world needs people like him

our intrepid Bitcoin explorer/pioneer

No slight intended. If Elwar took offense, I guess I need to recalibrate my sarcastometer.
844  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 09, 2019, 06:52:06 PM
Well it ain't Bitcoin, but it is at least of some academic interest:

https://electriccoin.co/blog/halo-recursive-proof-composition-without-a-trusted-setup/

The Electric Coin Company (you know - Zooko's Zcash guys) have found a way to eliminate the trusted setup vector. Well, if the research stands up to scrutiny, anyhoo.
845  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 09, 2019, 05:56:07 PM
I'm just glad I sold all of my bitcoin and bought all rights to the Vegeta 9000 meme.

You mean you did not lose it all in an unfortunate seasteading accident?
846  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 09, 2019, 05:55:16 PM
And as far as BSV is concerned, well let's not. Its been proven an outright scam by this point and there's nothing left to be said.

Defend your statement. In what way is BSV -- the blockchain, the payment system, and the protocol -- a scam?
847  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 09, 2019, 04:49:47 PM
I am an unapologetic big blocker. I am neither fraudster nor scammer. IOW, Go Fuck Yourself.

You are in bed with CSW.  

That is exactly equivalent to a claim that you are in bed with Amir Taaki, Mark Karpeles, and any number of other salacious characters.

No, its not. CSW and Roger Ver are leaders of the big block movement. Amir Taaki (not a salacious character btw) and Mark Karpeles are not leaders of anything.

Roger Ver is unarguably one of the most important figures in the entire history of Bitcoin. Taaki* and Karpeles were each indisputably leaders in their time. Leadership is transitory, and irrelevant when discussing the inherent properties of a protocol.

* the salaciousness of Taaki is predicated on each individuals' view of Taaki's actions.

Quote
Indeed I have. All either statements of truth, reasoned future projections based upon solid facts, or reasonable opinions supported by rational point of view.

That's the problem: things you find to be reasonable and rational rarely are to others. It might come as a surprise to you but the problem isn't them. If you were right (about anything, really) your two favorite altcoins wouldn't have suffered such drastic declines as compared to bitcoin.

Let's revisit this paragraph in the immediate aftermath of Blockalypse II.
848  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 09, 2019, 04:38:56 PM


If you guys / management dislikes this Whalecalls stuff, please let me know and I'll cease.

We likes, Bawb. We likes.
849  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 09, 2019, 03:54:27 PM
I am an unapologetic big blocker. I am neither fraudster nor scammer. IOW, Go Fuck Yourself.

That's "...Go Fuck Yourself. #nohomo"

Jeeze, get with the program.

That's cute and all -- and I hesitate to call you out specifically -- but this merely demonstrates what a nattering echo chamber full of cross-congratulatory baboon shriek this formerly-important thread has devolved into.
850  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 09, 2019, 03:50:21 PM
Where did "fatty fuck you" come from? Its all over WO. Am I missing out on something?

he seems to be a BigBlocker.

Surely a reason for personal denigration, if ever one there were.  Roll Eyes


The current era of big blockers are fraudsters and scammers.  Just spend 10 seconds researching Ver or CSW. 

That’s sufficient reason for personal denigration.  

I am an unapologetic big blocker. I am neither fraudster nor scammer. IOW, Go Fuck Yourself.

Historically, in order for you to have employed a variety of your BIG blocker supportive assertions,

Indeed I have. All either statements of truth, reasoned future projections based upon solid facts, or reasonable opinions supported by rational point of view.
851  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 09, 2019, 03:45:22 PM
Where did "fatty fuck you" come from? Its all over WO. Am I missing out on something?

he seems to be a BigBlocker.

Surely a reason for personal denigration, if ever one there were.  Roll Eyes


The current era of big blockers are fraudsters and scammers.  Just spend 10 seconds researching Ver or CSW.  

That’s sufficient reason for personal denigration.  

I am an unapologetic big blocker. I am neither fraudster nor scammer. IOW, Go Fuck Yourself.

You are in bed with CSW.  

That is exactly equivalent to a claim that you are in bed with Amir Taaki, Mark Karpeles, and any number of other salacious characters.
852  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 08, 2019, 06:57:05 PM
Where did "fatty fuck you" come from? Its all over WO. Am I missing out on something?

he seems to be a BigBlocker.

Surely a reason for personal denigration, if ever one there were.  Roll Eyes


The current era of big blockers are fraudsters and scammers.  Just spend 10 seconds researching Ver or CSW. 

That’s sufficient reason for personal denigration.  

I am an unapologetic big blocker. I am neither fraudster nor scammer. IOW, Go Fuck Yourself.
853  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 08, 2019, 03:10:40 PM
Where did "fatty fuck you" come from? Its all over WO. Am I missing out on something?

he seems to be a BigBlocker.

Surely a reason for personal denigration, if ever one there were.  Roll Eyes

Quote
but this whole ping pong is like Kindergarten

No shit.
854  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 06, 2019, 04:23:14 PM
We (humans) are already in danger of splitting into subspecies due to CRISPR 'revolution'.

'danger'?
855  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 04, 2019, 08:10:10 PM
'A class act'?
7 March 2012 Tradehill, at the time the second largest Bitcoin exchange closes down, claiming Dwolla stole its customer funds and threatens to sue. Dwolla demures, suit goes nowhere. Jared Kenna makes secret payments to select users. Partners with Jonathan Ryan Owens (see above) creating 20 Moves, which somehow magically has the capital to start real estate development in San Francisco.

Total loss : 200k BTC (estimate viii)
emphasis mine

You have your suspicions. Mine include MP's propensity to take a swipe at competing (ha!) exchanges, regardless of veracity.
856  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 04, 2019, 06:09:54 PM

But fuses cost money.....

uh, yeah...

especially when they blow and a whole bank of miners goes down for no reason...duh

A .22 fits.  No more blown fuses.

You know a Darwin was awarded, based upon the proximate cause being that little trick, right?
857  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 04, 2019, 06:04:37 PM
A first millionaire loses love for the Industry ..

Jared Kenna

Source: https://www.bloomberg.com/news/articles/2019-10-03/an-early-bitcoin-millionaire-loses-his-love-for-the-industry?srnd=cryptocurrencies

It is really sad that someone with so much potential is disappointed because technology is not the main thing, from a point of view the bitcoin market has developed further.

Kenna's a class act. I had funds at both incarnations of TradeHill. Each time they closed, I was promptly made whole.

Sad to see him disillusioned. Though I don't know what he'd expect. Bitcoin will still change the world for the better. But to do so will require mass adoption. Mass adoption requires speculative early interest. Whatevs.

Well, at least he has found another passion.
858  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 03, 2019, 05:41:14 PM
Right, in about two weeks (how long is the average difficulty change interval?) they could break havoc.
IF they manage to pull it off while coins are still being mined

No. Difficulty reset period is 2016 blocks. Which works out to two weeks when the average block interval is exactly 10 minutes.

If some New Technology bursts on the scene that can mine faster then the existing network, those 2016 blocks will be mined much faster than two weeks, at which point the new difficulty will be reset to take this new hash power into account, resetting back to ten-minute block intervals.

That assumes that such New Technology would be applied to Bitcoin mining in a step function -- machines at scale, as opposed to ramping up warehouses of machines one warehouse at a time.

However, quantum computing is not that New Technology to begin with.



So... Quantum computer FUD has now entered WO thread? Roll Eyes

again.

::le sigh::
859  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 03, 2019, 05:28:16 PM
I wonder what would happen to the price of Bitcoin once quantum computer technology advances. I suppose quantum miners would plummet the markets to the ground?  

Why would you think that?

I was thinking a sudden pseudo-inflation of the coin supply caused by unimaginably fast mining capabilities would dilute the price. although, by that point we would probably have only a small amount left to mine so it would not matter, maybe?

Quantum computing brings little advantage to hashing. Specifically to SHA256 - the algo used in Bitcoin mining. Accordingly, Bitcoin mining will be an uneconomical activity for relatively scarce and relatively expensive quantum computers. It won't be like flipping a switch, so it won't bear heavily on the difficulty adjustment.
860  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 03, 2019, 04:44:54 PM


is this scenario, what most of you guys think?

What do I think? Delete the Ripple.
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