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1  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2021, 10:05:34 PM
I am amused that we have made a new ATH of $29,700 and no one seems to have noticed.  Including myself. 
You are right but now we are at $29300 hopefully now next stop is $30K very quickly coming.

Just squeeze your butt cheeks tight and pray the tether train keeps chooching.
2  Other / Politics & Society / Re: French Government Prohibits Protesting and Freedom of Speech – Major Crack Down on: January 09, 2019, 05:41:29 PM
When the french revolution part 2 begins they can switch to a new block chain economy based on bitcoin and perhaps some type of french petro coin. The government will learn they can't control the people if they use bitcoin

I like this brand of crazy. i hope you do a line of snazzy t-shirts.

ps. have a look at the 'binance in Zimbabwe' story and get back to me how bitcoin will protect us from "government"  Grin

https://news.bitcoin.com/one-month-on-still-no-access-for-thousands-of-binance-users-controversially-cut-off-by-the-exchange/
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NIM] - Nimiq - The Browser Based Blockchain on: January 08, 2019, 05:08:14 PM
Just calm down, guys, I am an ICO investor of this coin, I still believe in the team and this coin.

What is the latest word you have on this that gives you such confidence?

This looks pretty dead at the moment.
4  Bitcoin / Development & Technical Discussion / Re: Lightning Network vs Bitcoin cash on: January 07, 2018, 07:24:36 PM
...

But such features could be found in many implementations other than LN.

And these could be layered on top of many coins - for example, Bitcoin Cash....not just Bitcoin.


I thought SegWit capability was a mandatory requirement for the Lightning Network?
Bitcoin Cash has not activated SegWit. Therefore I donīt think the Lightning Network
would be able to function on top of Bitcoin Cash.

Why would they deploy a solution like the LN anyway? Their whole narrative is based around
how on-chain scaling is the superior solution to scaling Bitcoin. If they would introduce a 2nd layer scaling solution
they would lose their main value proposition.

LN only requires tx malleability fixes from segwit. There are other ways to skin that particular cat.

As regards BCH deploying an LN like solution - why not? As long as users are given the choice to continue to use Layer1 as before, then L2 solutions can be developed that offer real value propositions to users and their intended use cases.

What BCH wont do is force the issue by making the L1 solution unusable.
5  Bitcoin / Development & Technical Discussion / Re: Lightning Network vs Bitcoin cash on: December 24, 2017, 09:57:56 PM

LN is using a version of Tor?
Is there somewhere I can read up on this?  And the rest of the stuff you mentioned?    thanks

The github is the least nuanced source, start with this:

https://github.com/lightningnetwork/lightning-rfc/blob/master/04-onion-routing.md

Follow the links there to go through the other layers.
6  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 24, 2017, 09:01:34 PM


Ha HA!  Sorry, you old dog, I beat you to the dealership!!

Vroom! Vroom!

Have a Happy Christmas.

7  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 24, 2017, 08:58:59 PM
Bah.

$20k USD/BTC for Christmas would have been nice  Cry

That sea of red tho...
Looking a bit bearish today - Suspect its to do with the alt surge - that will all dump into BTC at some point...

Its probably just last minute shopping. It will be fine.

Happy Christmas to all blockers, small and large.  Kiss
8  Bitcoin / Bitcoin Discussion / Re: Who is "Variety Jones"? on: December 24, 2017, 08:53:32 PM
Have we heard anymore about his supposed knowledge of "Diamond"?

I recently heard a (brief) story about it, but with no decent sauce. Wonder if anyone here has heard anything?
9  Bitcoin / Development & Technical Discussion / Re: Lightning Network vs Bitcoin cash on: December 24, 2017, 08:29:33 PM

 While lightning network provides a much better solution by compressing the fees and times by a great scale and making BTC ready for mass adoption. But what until it doesn't hits the market? BTC dominance is already under 45% they need to launch it very soon to avoid further questions on the supreme command of bitcoin.


You missed the point that LN, now using a version of Tor based routing, will be UTTERLY inefficient. You are trying to shoehorn fast payment methods into a subsystem whose primary objective was to obfuscate the very connections that need to be optimised to keep fees and time reasonable.

Have a look at bolts 4-7 specs to see how hideously complex and unfit for purpose these layers have become.

When they finally realise that this is not going to work on any scale ( like Poons original, now binned proposal) it too will need to be binned. Welcome to your next 18 month delay.

10  Bitcoin / Development & Technical Discussion / Re: Lightning Network vs Bitcoin cash on: December 24, 2017, 06:16:29 PM
Lightning Network is best idea to solve all bitcoin problems.
Perhaps the best, but unfortunately not resolved in time.
Now this is becoming a serious problem with the BCH

The 'biggest' problem here only is, that BCH is open to all scaling options. That's real decentralization.

Solid point. One that is at the root of all the anti-BCH hatred.
11  Bitcoin / Development & Technical Discussion / Re: Lightning Network vs Bitcoin cash on: December 24, 2017, 06:13:53 PM
I'm a small blocker, but mining is the aspect of bitcoin that was designed to decentralize.  It requires work to do so people can't just mine for free.  It requires investment for your vote to count.  This is why we mine.

So if miners control the network, then bitcoin is working as designed.

Absolute bullshit. Miners will never be given full power let alone be having an option to choose block sizes. Bitmain has already been caught doing some shady shits in the past before the bcash split ... Go figure the terms: ASICBOOST and ANTBLEED scandals.

Sorry to burst your bubble but that's not gonna happen in Bitcoin. Miners will never be given any extra privilege. Move your miners to Btrash if you have to and we won't miss you.

Antbleed? Seriously?

The n00b seems to have acquired a more balanced understanding of how things work than the blinkered, force-fed propoganda that you are spewing.

People have a choice, they will pick what suits them. If you are so sure that you made the right choice, then you would not care. But it clearly bothers you when any users choose an alternative implementation: and thats on you, not them.
12  Bitcoin / Bitcoin Discussion / Re: New Satoshi Emails on: August 12, 2017, 10:07:18 PM
This must be a joke:

Quote
So many questions Smiley But it's rare that I encounter truly
revolutionary ideas. The last time I was this excited about a new
monetary scheme was when I discovered Ripple. If you have any thoughts
on Ripple, I'd also love to hear them.

Ripple?

funny how mike hearn and satoshi are time travellers talking about XRP in 2009 when it wasnt even a thing until 2012
Got me startled too to find "Ripple" mentioned in that first email and that was as far back as 2009, what exactly are we looking at? And now what does Ripple represent?

ripple as a 'system' existed. Ripple as a cripplecoin came much later.
13  Bitcoin / Bitcoin Discussion / Re: New Satoshi Emails on: August 12, 2017, 10:05:18 PM
Im skeptical, but they probably are real. I wish hearn had published them prior to his exit from bitcoin and the development team as a whole.

Whether real or not should be immaterial. You should be able to figure out what is right or wrong in Bitcoin, without needing a "messiah" figure to tell you.

They are real, though, I agree.

The GMax butthurt is irrefutable confirmation of that.
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling on: July 24, 2017, 02:32:45 PM
this is not a fork for there are no votes to fork for,it is a CLONE ,just take a snapshot and then creat the same amount of coins as Bitcoin and then distribute,guess what..........Sathoshi million coins .. missing coins due to some reasons ...... unclaimed coins ....etc....all of that will go direct to their pocket!

I think you better go back to Bitcoin 101 and learn the basics; there are some grave errors in your understanding.
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling on: July 24, 2017, 02:26:20 PM
if it does happen in 6 months I guarantee there is going to be some severe bugs

By than bitcoin BTC will be using LN for months...

This is comical.  Seriously.  

I know you have absolutely no belief in that statement, but the ease with which you can utter it just shows the depth of your dishonesty.

Mind you, when all the hashrate disappears from BTC, you will have some headroom to think up a working L2 solution, so its win-win, right?  Smiley

16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling on: July 23, 2017, 04:13:25 PM
if it was clear that it wasn't any type of magic bullet

What 'magic bullet" do you think segwit is exactly? What are you hoping for?

Its a simple malleabality fix that is not critical at this point in time. Thats it.

All the other bullshit you hear about segwit is just noise to disguise the politics of trying to push off chain solutions that dont yet exist in practice.
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling on: July 23, 2017, 04:06:17 PM

Notice that with full, 8MB blocks, BitcoinCash's blockchain would grow this much by mid-November.

Oh dear.....   I suspect you are trying to pull a fast one on us here....

Quote

 I don't expect BitcoinCash's blocks will be anywhere near full


So why say it then?  And lets assume "anywhere near full" is, lets say, 6Mb. Why would you see a near 6 fold increase in just 12 weeks?

Quote

 but I think this observation highlights the BitcoinCash philosophy.

 
No it doesn't.

Quote
Long term, the initial 123.4 GB is but a drop in the bucket.


Long term, bitcoin as we know it will seem like a drop in the ocean. We hope.
18  Bitcoin / Development & Technical Discussion / Re: Segwit + increased max_block_size HF on: May 25, 2017, 05:04:26 PM
Okay, if we lift the ban on name calling, will that get people posting again?   Grin

Seems this was a prescient post, well ahead of its time. Probably explains the crickets from BCT's 'experts'
19  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 23, 2017, 10:26:55 PM
Parties seem to be slowly converging closer towards possible consensus.

Luke Jr is working on this - https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-May/014399.html

Let us hope that everyone moulds it into the least shit option on the table.

Between Hilliard and Luke Jr, there are several alternative plans out there. They will need to simply #UASF in the end.

They know it will end in tears, but that is where their course has taken them.

(Typical Luke - "I left the author blank because i dont want to get fucked over be seen to champion this" )
20  Other / Politics & Society / Re: For all you crypto-history buffs: The Friedman Files are available. on: May 16, 2017, 09:12:18 AM
Thanks Ray.

I will host a copy here. After reading Welshman and Jeffrey's Hut 6 exploits, It will be nice to see how the US progressed.
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