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News: Latest Bitcoin Core release: 22.0 [Torrent]
 
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21  Alternate cryptocurrencies / Speculation (Altcoins) / Omni platform - getting stronger on: August 09, 2016, 09:11:19 PM
Look at all the 'pump' schemes.  lol.  Omni, the first bitcoin 2.0 is going way up on technical success.  These guys do ZERO marketing and 'pumping'.  All they do is build shit.  https://poloniex.com/exchange#btc_omni

Omni will be a mature platform in about a year.  Lots of 'up' movement to come.

22  Bitcoin / Bitcoin Discussion / FUCK! The Bitcoin is dead again. This time for sure. on: April 07, 2016, 05:08:29 PM
Large groups of well paid, organized, funded professionals with clear objectives and good management - (like R3, hyperledger, ethereum, others) are sure making those Core programmers look like the silly little whiny bitches that they are.  Core is going NOWHERE and getting there pretty damn fast.  Meanwhile, very sophisticated advance is being done every day in other part of crypto/blockchain.  

This is 100% the end of bitcoin as we know it.  Good thing too.  This 'open source', 'no leadership', 'no organization' thing was always a load of bullshit.
23  Bitcoin / Bitcoin Discussion / Bitcoin user adoption is horrible - here is why: on: December 16, 2015, 04:17:59 PM

"Paul Puey, CEO of Airbitz, said in a blog post: "We are excited to announce that we've integrated Fold into our app! Now, you can buy gift cards for Starbucks and Target within the app in the same tab where you can buy and sell bitcoin through Glidera."

So, Fold is now integrated into Airbitz.  Use Glidera, to buy bitcoin to buy a gift card to use via Fold through your AirBitz wallet - to get a coffee! 

Get it?!  Neither do I.  The more ridiculous steps between being thirsty and getting a coffee - the less likely users will adopt the system.  This is just freaking horrible.  I am convinced that major players like AirBitz inability to see this will ultimately cause alienation of end users.  Even a hard core bitcoin nerd couldn't enjoy this transaction.  Real people would laugh their head off if you told them they should buy a coffee this way.  More steps and more middlemen?  = sure death. 

 you > Glidera > Fold > Airbitz > Starbucks 

forgetaboutit
24  Bitcoin / Bitcoin Discussion / Shift - Bitcoin Visa Card - now available in the US on: November 20, 2015, 07:27:49 PM
Wow!, did you see this?  Looks like Americans are going to be able to get a Visa card backed by their bitcoin at Coinbase.  I think this will be using Bitcoin very convenient.  I am going to get one right away.  

Let's hear your comments on how you will use your Shift Bitcoin Visa Card.

https://blog.coinbase.com/2015/11/20/introducing-the-shift-card/
25  Other / Off-topic / Perianne Boring on: November 08, 2015, 04:04:28 PM
Have you seen Perianne Boring?  Holy crap!!!  I am here to tell you, she is a lot more 'Perianne', and not so much 'Boring'.  In fact, she is smoking hot.  She was at 20/20 steaming up the place.  Have you ever seen a room with 2000 nerds squirming around in their chairs?  Funniest sight ever. 
26  Bitcoin / Bitcoin Discussion / Drugs, Fraud, Porn, Gambling, Murder, Sex and now Ransom on: October 21, 2015, 02:40:32 PM
Well we've seen clearly how Bitcoin can be used for Drugs (Silk Road); Fraud (Bitcoin Savings and Trust); Porn(Porn.com); Gambling(Satoshi Dice); Murder(Ulbricht); Sex (Backpage), it looks like a new use is becoming quite popular: Ransom.  Bitcoin is becoming a great mode for Ransom demands: http://www.coindesk.com/e-tailer-offers-23000-to-catch-ddos-attackers-demanding-bitcoin/.

Meanwhile, back in the conventional markets - BitPay lays off 600 due to low volume at merchants.

The Bitcoin 'use cases' story is starting to stack up.  It might become successful after all.
27  Economy / Exchanges / MasterXchange is closing - get out now on: October 19, 2015, 07:55:00 AM
Due to the trouble with the small blocks and recent stress testing, the owners of MasterXchange find it too difficult to continue.  So, these stress tests have resulted in more than one person throwing in the towel.  Too bad.  Better go withdraw any residual funds you have there.
28  Economy / Speculation / Is this the next big run-up in price? on: October 16, 2015, 04:07:08 PM
You didn't see that last run up coming either.  Could this be the start of the new price run-up?  Any guess as to the peak this time? 

Previous peaks: April 2013: $140; Nov 11, 2013 $1200
29  Bitcoin / Bitcoin Discussion / Right where he belongs - on: September 11, 2015, 02:48:25 PM
30  Bitcoin / Bitcoin Discussion / Big trouble for these guys - next on casualty list? on: August 24, 2015, 06:34:52 PM
The Bitcoin Shop is hurting.  Just lost 4.5 million in last three months.  http://www.coindesk.com/btcs-4-5-million-net-loss-mining-grows

They claim that revenue from 'transaction verification services' is way up.  LOL!  " do you mean mining?"  Now they have a shitload of old Spondoolies rigs which are going to be 1/10 in efficiency as soon as the next gen comes out - about 6 more months. 

They nearly shut down the unprofitable 'Bitcoin Shop' - as a huge loss maker. 

Folks, my bet is these guys won't make it another year.  Will this be the first major publically traded bitcoin company to file bankruptcy?
31  Alternate cryptocurrencies / Altcoin Discussion / Bitcoin was just an experiment - for learning on: August 18, 2015, 12:22:16 AM
Bitcoin was an awesome experiment.  We all learned a great deal of cool stuff. 

But let's face it - it is probably over now.  With this major fracture and groups of core devs fighting and going in two directions, it can be long before the whole package unravels.  But all is OK!  No problem.  Something great will rise from its ashes.  Maybe that new system will be called Phoenix.  There is no doubt a great new crypto will soon take bitcoin's place.

What do you think the new crypto system will look like?  FedCoin?  Etherium?  Litecoin?  Phoenix?  Give a few sentences about how you see the next step as we move on from Bitcoin. 



32  Bitcoin / Bitcoin Discussion / Did you read this? This is crazy shit. on: August 16, 2015, 12:06:51 AM
https://medium.com/@octskyward/why-is-bitcoin-forking-d647312d22c1

This very well could be the end of Bitcoin.  In every case, it is insanely serious.  Notably: "The decision process for Bitcoin Core - is broken". 

Price to less than $100 before Wednesday.  Bet me. 
33  Bitcoin / Bitcoin Discussion / Oh - you think the blockchain is getting too big? on: August 15, 2015, 11:27:07 PM
No problem.  16 terabyte.  http://www.fastcompany.com/3049876/fast-feed/samsung-debuts-worlds-largest-hard-drive?position=5&partner=newsletter&campaign_date=08152015&utm_content=buffer85858&utm_medium=social&utm_source=linkedin.com&utm_campaign=buffer

34  Bitcoin / Development & Technical Discussion / Is this a legal Bitcoin transaction? on: August 14, 2015, 11:18:46 PM
Can I have a single Bitcoin transaction with several outputs where two of those outputs are to the same address?

Can I have both these outputs in the same transaction?
35  Economy / Service Discussion / Regulator assholes!!! on: May 15, 2015, 10:12:31 AM
Xapo leaves California for Switzerland - due to dumb cops.
http://www.coindesk.com/xapo-switzerland-privacy-concerns/

Well, I think the Finance police (Calvery, Lawsky and their buddies) have given every reason for Bitcoin enterprises to pack it up and leave the US.  They couldn't wait for need to arise, instead they decided to stick their heads up everyone's ass before trouble begins.  No more effective way to get people to say 'Adios!'  Stupid fucking cops.  

Way to put out the fire!!!  London is trying to do the opposite.  In 20 years, everyone will be talking about how the US let bitcoin technology go offshore.
36  Bitcoin / Bitcoin Discussion / Auction proceeds - 50,000 BTC is a shitload on: March 06, 2015, 06:06:18 PM
Our brilliant government sold 50,000 BTC.  The police will use this money to buy more equipment that makes them feel very badass and so they look extremely tough and 'ready' before all their peers.



But wouldn't it have been better if they made a nice brief application process whereby any university student could write a one page essay on what he'd do with 10BTC.  They could then award 5000 prizes to aspiring college kids.  If we had 5000 college kids each who had 10BTC for doing something interesting with it, we'd have motivated a tremendous force for good development.

Instead, we have more stupid cops with more fancy looking riot gear and badass looking kit to impress themselves.  The badge is so out of control in America.  Cops are so full of themselves shooting everyone who utters slight resistance.  Cops are just looking to pull the trigger - and now they have $13 million more to spend on new triggers due to Ross Ulbricht and bad politics.  What a joke.
37  Bitcoin / Hardware / Wow! KnC Neptunes are insanely cheap on Ebay! on: March 04, 2015, 05:01:56 PM
Why are Neptunes so cheap on EBay?  I heard they work fine and are pretty good machines.  Is it because the 'bonus' miner is now coming out?  For sure one can still make some money with these - no?

These were $10,000 when new.  Now you can 'Buy it Now' for <$700!!!  WTF?

38  Bitcoin / Bitcoin Discussion / Too much adoption on: March 03, 2015, 09:43:14 PM
So everyone is trying to increase bitcoin adoption in every way possible.  But what if people really started to use it in earnest.  What if there were 1 million transactions per second.  Could the blockchain handle 1 million transactions per second?  Seems like that would be far too much data. 

Then, we can safely say - don't bother.  If we are successful, then we will hit this upper limit and the whole thing will come down again.  Why push for wide adoption if it will only result in crushing the system?

What is the upper limit on transactions per second - by estimates of those who really understand this limit?

39  Bitcoin / Bitcoin Discussion / Extreme waste of electricity on: March 02, 2015, 11:58:14 PM
Wouldn't it be better if just made 1,000,000 Block Erupters and a special hash algorithm that only those limited number of hardware devices could do.  Distribute those 1M devices and let that be the entire hash pool. 

hashing power went way out of control, now the bitcoin community is sending over $10 dollars/day (in fiat no less) to power companies all over the world.  That money doesn't come from nowhere - it is real money lost by the community.  We've got to find an end to wasteful hashing.
40  Economy / Speculation / Bitcoin - now 50% off!!! on: January 21, 2015, 06:51:45 PM
Buy some now!  Bitcoin is 50% off.  Sale ends soon.  What a great deal.  After you double your money, you can buy your wife a nice gift.
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