You'd also have fatty liver. 

Better off buying ETH. Even if you somehow managed to buy it precisely at the ATH ...   

Take a look at this analysis of the March 2013 accidental hard fork and the convo of core devs and others on the bitcoin-dev mailing list:
https://freedom-to-tinker.com/2015/07/28/analyzing-the-2013-bitcoin-fork-centralized-decision-making-saved-the-day/

It's clear from that conversation that Gavin's instincts were not as sharp or quick as those of some of the other core devs (Luke and Peter). If it had been Gavin by himself, I wonder if the fork would have been fixed as quickly as it was.

Looking back at that incident, I would perhaps be quite embarrassed by that conversation if I were Gavin. I wonder if he knew as early as March 2013 (if not earlier) that his days as lead dev were numbered. Maybe felt some resentment?

In my opinion this is exactly the right way to do it if you're a long term bull. And assuming you don't have to sell sooner to pay the bills.

Although when it came time for me to sell during the 20k run-up, I sold less than my plan told me to. You know what stopped me? The thought of triggering capital gains.

Mr Pollock ended with this: " I don't think it [future forms of currency] will be a privately issued fiat currency like bitcoin"
Not sure if he meant it, but sounded like he called bitcoin a privately issued fiat currency. Hwa??

Thanks for the link, although I don't see anything that addresses my previous post.

My impression from talking to Tim and reading Sirius' whitepaper from a few years ago is that nobody associated with identifi has put forth a vision to tackle the kind of problem in my previous post. In other words, how identifi could provide the foundation for a fully formed pseudonymous reputation system (PRS). Although I would be happy to be proven wrong!

This to me is the most interesting problem in the crypto space. I have ideas on potential strategies and am working on demonstrating those ideas on my website OpenBazaar.OnTheBlockchain.com which I hope will provide a useful reputation system for OpenBazaar. It is not yet in beta although I hope that's not too far away. Essentially what I am building now is a platform that will calculate average ratings of listings using ratings generated on my site as well as ratings generated on OpenBazaar itself, and will also calculate trust scores of users based on ratings generated on my site. All averages are weighted averages, where the weight of the rating depends on the trust score of the user doing the rating. Unvetted users are given a default trust score which is adjustable by the user and can be set to zero if desired.

I haven't done this yet, but my roadmap includes allowing users to sign json-formatted ratings using a self sovereign identity (like a keybase ID perhaps), and then storing the rating + signature on the ipfs. I haven't learned enough yet about identifi to know whether I could use the identifi library to assist me in this task. Although by a quick perusal, it looks like identifi has functions that will store data in ipfs, so perhaps I can use it.

Suppose Alice trusts Bob (in a generic sense), Bob trusts Charlie, and Charlie vouches for Dave as being an excellent food critic. Alice wants to eat at Restaurant X which is in fact a terrible restaurant, but was rated 5 out of 5 stars by 3 unvetted user accounts (all three of which are actually the restaurant owner, unbeknownst to anyone). It was rated 1 out of 5 by Dave. Yelp averages these out for a composite score of 4 out of 5 stars. Obviously this is a misleading average score! How do we solve this problem using web of trust?

I would like to see a solution whereby Restaurant X's average is a weighted average, where Dave's 1-star rating is given a lot more weight than the 5-star ratings by the unvetted users, so that Alice sees that Restaurant X's composite score is (for example) 1.2 out of 5 instead of 4 out of 5. If she wants, Alice can do a visual inspection of her web of trust and trace the connection between her and Dave, but this would be very time intensive and it should not be necessary for her to do this for every single rater of every single restaurant under consideration.

Is it envisioned that identifi will enable a solution like this? If it's not, then we need to develop such a vision.

Addendum: I would like to see a solution that would do all of the above, and in addition would be able to hide some of the connections. For example: suppose Bob wants to keep his connection to Charlie private. There should still be a way for Alice to know that her web of trust tells her that Dave is an excellent food critic and Restaurant X is a bad one, WITHOUT revealing the full connection between her and Dave. I believe that this is very much doable (perhaps using zero knowledge proofs, or maybe other cryptographic tools) but that the first step should be to tackle the more simple scenario where all connections and ratings are public. Then and only then can we turn our attention to the privacy-preserving algorithms.

Suppose I want to go to a restaurant. I look at the reviews on Yelp and I want to attend only to the reviewers who are deemed trustworthy by my web of trust. A reputation system can help me with that. I fail to see how an insurance system, no matter the implementation, can realistically provide a superset of this functionality.

I read somewhere (reddit maybe) that making new tickets just puts your account at the bottom of the pile each time to you it. Don't know if that's true (or how anyone on reddit who doesn't work for Coinbase would know that ... )

What's infuriating is that twice now they've sent me canned responses that end with: is this still an issue for you? If so, click this button to REOPEN YOUR TICKET. Which means they CLOSED MY TICKET simply because enough time had passed with nothing happening. Ridiculous.

I'm tempted to spam their twitter account and the comments of every Coindesk article about Coinbase. They deserve bad press.

I did this on January 19 - still no response.
https://www.reddit.com/r/CoinBase/comments/7rjfch/missing_25k_wire_withdrawal_from_coinbase_with/

Almost 2 months later, and Coinbase has yet to find the time to take a look at my support ticket. $25,000 of mine that they have been holding onto for 2 months.

They deserve very bad PR for this dismal customer service.

I just opened an account at Gemini. Thinking about moving my business away from coinbase. Coinbase banks $1billion in revenue in 2017 and they can't be bothered to handle a simple wire transfer in a timely fashion?

I hate to mention the possibility that Coinbase could be insolvent, but 10 days ago I initiated a wire withdrawal from Coinbase to my investment account. Coinbase has debited my account 25k and labels the transaction as "completed" but my financial advisor has seen neither hide nor hair of the wire. Coinbase does not provide the fed number for the wire and has given absolutely zero response to my ticket. There are MANY MANY others in the same boat.

And why don't they provide us with the fed number for the wire? It's the first thing my financial advisor looked for, so he could troubleshoot and see if it's caught up somewhere. One might wonder whether Coinbase doesn't want us to be able to troubleshoot. Maybe they just want to delay delay delay.

I know that they're flooded with new customers yadda yadda, but there's no excuse for holding tens of thousands of dollars of someone else's money. This is how it ALWAYS starts. It is our duty as citizens of bitcoinlandia to consider the possibility of Coinbase insolvency, until they make sure that their customers' withdrawals go through without a hitch.


Case ID: 3496424

Edit: I will gladly update this thread once my wire goes through.

So BCH price on GDAX is at $3099. But it's frozen. People can place limit orders but no market orders. In other words, the $3099 price on GDAX is set on ZERO VOLUME.

And the $3099 price CANNOT BUDGE until GDAX opens up market orders, which they will do at exactly ... no one knows except Brian Armstrong and company.

For some reason, the BCH price on poloniex zoomed to pretty near 3099 about forty minutes ago, AFTER the price was set to 3099 on GDAX, and has hovered there.

WTF?



Somehow, a MEANINGLESS price on GDAX has somehow

I agree 100%. In retrospect, we all coulda/shoulda/woulda mortgaged our homes and maxed our credit cards and gone long at exactly the right time on apple/microsoft/amazon and everything else that has done well in the stock market. And we should have shorted all of the drops at exactly the right time. Never-ending list of such decisions we did not make. So what?

I paid 19 btc if I remember correctly in 2013 (currently over $350k) for a brick from Butterfly Labs. 

Guys, everyone should do this:

1. Buy a ledger.
2. Generate a new wallet and write down the 24 words. (maybe even put them into a cryptosteel)
3. write down the first BTC address of the new wallet
4. Erase the ledger.
5. Recover the wallet from your 24 words.
If the first BTC address is the same as the one in step 3, then you know you wrote the 24 words down correctly. Wallet is now safe to use.

That's how we know we're not even close to the top.

I'd love to see someone take that video clip, dub over "a million dollars" with "six thousand dollars," but keep it exactly as it is when he says "a billion dollars."
    

I find it sickening too.

But I'd rather mock / laugh at them than feed the trolls. There's only so much time in the day.

https://www.youtube.com/watch?v=HMQkV5cTuoY&feature=youtu.be

I've used it. Haven't found anything better yet. The guy who runs it is on bitcointalk (there's a thread from a few years ago where he announced the service, if memory serves)