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July 31, 2015, 09:23:43 AM *
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321  Bitcoin / Project Development / Re: Idea for a text-based game with Bitcoin - Need Devs on: February 03, 2015, 06:35:28 AM
Have you looked at huntercoin.org yet?
322  Bitcoin / Bitcoin Discussion / Re: 'Bitcoin Elite' to Gather on Secret Island for Bilderberg-Style Retreat on: February 03, 2015, 04:42:52 AM
"Secret Island" is code for Gitmo.
323  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 03, 2015, 04:40:48 AM

324  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: February 03, 2015, 04:07:41 AM
cypherdoc has not suggested anyone to buy more than they can hold long term. Therefore, there have been no resultant losses over the past year.

Losses in terms of USD, absolutely.
But none of that is due to cypherdoc's advice. The USD will be worth zero before Bitcoin.

A "paper loss" is a loss nonetheless.  When the bank estimates your net worth in order to issue a business loan, they don't care about your expectations of future value.  All that matters is the price today, not some theoretical number a decade from now.  If you've got a different definition of loss, then fine, we will agree to disagree.
Bitcoin is not part of that equation. In fact, you could be penniless, owe millions of dollars, and live like a king with bitcoins.
325  Bitcoin / Bitcoin Discussion / Re: 'Bitcoin Elite' to Gather on Secret Island for Bilderberg-Style Retreat on: February 03, 2015, 04:05:13 AM
is this real?
is bitcoin elite so wealthy?
The market cap of all the bitcoins is pocket change to real wealthy people.
326  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: February 03, 2015, 03:57:18 AM
cypherdoc has not suggested anyone to buy more than they can hold long term. Therefore, there have been no resultant losses over the past year.

Losses in terms of USD, absolutely.
But none of that is due to cypherdoc's advice. The USD will be worth zero before Bitcoin.
327  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 03, 2015, 03:55:58 AM
Whomever is buying can keep buying at a bargain, or it's time to wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub wub
328  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 03, 2015, 03:49:19 AM
Look, we're likely going back down and everybody knows we're going back down unless we aren't, in which case somebody knows we're going up because he has enough fiat to float the entire worldwide market. What're the odds of that? Somewhere between zero and fifty percent which means whether you're in fiat or coin, it's too damn risky to be leveraged either way unless you posses some asymmetric information.

Indubitably.
329  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: February 03, 2015, 03:47:53 AM
Hey tvbcof, we're going back up.

Well hopefully people haven't been taking your advice for the past year.  Unfortunately, I'm sure some did, and they have paid dearly.  Shame on you.

except i haven't been saying buy for the entire year.

shame on you for your buy recommendations on gold and silver.  they've performed miserably since 2011 and have been flat at best for the last year.

you must be frustrated.

Cypher, you've been nothing but bullish over the course of the entire thread's life.  In fact, you admitted that this is a place for you to troll to bears.  When it comes to PMs, I never said buy (to my recollection).  I'm not a salesman, unlike you.  I called you out on being wrong on gold vs Bitcoin for an entire year.  Hell, more than a year.  And although you probably do not recall, what I said about PMs was my shift to them from Bitcoin worked in my favor.  Furthermore, I have stated many times that gold and Bitcoin solve different problems.  Comparing the two from a functional standpoint doesn't make sense.  You, on the other hand, would rather preach the ultimate dominance of Bitcoin from your pulpit.  And like I said, this I'm sure has resulted in losses from those hapless people who have taken your advice over the past year.  It is your unmitigated arrogance that I take exception to.
cypherdoc has not suggested anyone to buy more than they can hold long term. Therefore, there have been no resultant losses over the past year.
330  Bitcoin / Bitcoin Discussion / Re: 'Bitcoin Elite' to Gather on Secret Island for Bilderberg-Style Retreat on: February 03, 2015, 03:44:36 AM
How is it called "Satoshi Roundtable" but Satoshi is nowhere to be found? That's really, really suspicious.
They select a Satoshi similar to "The Wicker Man" (2006).
331  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: February 03, 2015, 03:03:02 AM

Hey tvbcof, we're going back up. Time for you to flip your tune and say you been calling it all along.

My being so right and you being so wrong with your one-trick-pony show is really getting under your skin I guess.  Sorry about that.  My good calls are mostly luck I assure you.

I am quite confident that if you get your way on Bitcoin it will be curtains for the solution.  You may realize that and simply plan to do your dump at that point, but I actually believe there is a better than 50% chance that you earnestly believe your own nonsense.  I'm burnt out on being more rude then that at the moment else I would use a variety of caustic characterizations to describe your being here.


There is a irreconcilable difference between you two. cypherdoc wants to profit from Bitcoin's wide adoption while tvbcof wants to profit from daytrading. cypherdoc believes in the long term sociological impact the Bitcoin experiment will have while tvbcof believes Bitcoin is doomed to the whims of the controlling powers and no more than a pyramid that will eventually collapse.

As long as neither resort to social engineering, it's all good.

I understand the upload vs download bandwidth argument. It's not a problem because it will deter no fee transactions. Nobody wants to spend bitcoins that will never get confirm. Except double spenders, but there are better ways to catch them.

I understand the attractiveness of parallel processing Bitcoin transactions through side chains, but they don't solve the bandwidth problem unless you use only one side chain exclusively. That issue has not been addressed.
332  Bitcoin / Bitcoin Discussion / Re: Spent a week away from bitcoin websites on: February 03, 2015, 01:55:25 AM
I took a week off from writing checks. I realised that I couldn't finds any news on it unless I searched for it. The front pages of none of the big tech or financial websites had any news on it.
333  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: February 03, 2015, 12:34:33 AM
How about using your energy to offer a solution.  Sticking your finger in the eye of the process is counterproductive.  It seems that the most productive people in Bitcoin are offering solutions and getting conversations started.  Without Gavin coding and testing the very large blocks we would not be talking about it or working toward a solution.

Believe it or not, but seeing a centralized non-community based hard-fork process as a problem and opening up a discussion on a possible method to resist/hold off that centralized change until it is more community driven, is in fact offering solutions to problems. Here the problem is centralized driven hard-forks, not block-size limit increases.  If no one likes or is on-board with the proposal, then there is little point spending energy on it. But if it resonates with some people then maybe it is. Oh, and people have been talking about large blocks since before Gavin took on his maintainer role.

 A method to resist is not a solution to a problem.  It is a hope for stagnation.   Since people have been discussing large blocks since before Gavin took it on, maybe large blocks are needed.  I think Gavin's method of suggestion and testing is much more constructive than obstructive and I fail to see how it is centralised.

http://www.bizforum.org/Journal/www_journalJVP018.htm

Gavin's method engenders some centralization of nodes.  A great number of nodes can be made to disappear by a single pool loading up some very large blocks.  There are other problems with it, but this one may be sufficient for some folks to disagree with it.  Node population is an important factor of scalability and functionality.  The proposal harms such scalability in order to foster microtransaction scalability.

The internet is not a uniform web of high speed links globally.  There are great differences in costs and deployed infrastructure.  Very large blocks may reduce Bitcoin to a Northern hemisphere usability.

There are going to be risks with any change.  Better proposals than Gavin's have been made and discussed, but they require more code.  They are not as simple.

One thing is sure, and that is if we do another hard fork to set-it-and-forget-it using a guess as to what the future of the internet will be based on current or past data, we are going to be wrong about that guess.

Gavin's solution is a very good one from a software-development perspective.  It is not a good solution from a protocol perspective.  These are very different things.
Quote from: from the link
That we use the data of the block chain, the size of the blocks, or the fees paid to the miners, or a formula combining these, to determine what the environment of the future economy will require.
This says nothing technical. Fees are not technical data. They are sociological. He is implying a sociological solution to a protocol and claiming thre is some magical formula. Miners choose what size the block should be. Bitcoin already has that sociological base covered.
334  Economy / Speculation / Re: Why I believe a beautiful and very bullish Bitcoin storm is forming on: February 03, 2015, 12:18:00 AM
What kind of equity does Bitcoin provide?

Access rights to the premier blockchain distributed database technology and the global network of computers communicating transactions with the bitcoin protocol. Also equity shareholding of the limited issuance crypto-token that is native to the bitcoin network.

Surprised you didn't know all this actually.

Keep telling yourself to be "Investors", and I'll stay a speculator and a spectator. (The person just standing, pointing and laughing)
And we're laughing at with you.
335  Economy / Speculation / Re: Why I believe a beautiful and very bullish Bitcoin storm is forming on: February 02, 2015, 11:26:04 PM
Pretty much back to what it was before we ever bought BTC, and at the price it is even now, even better than when we started.  

In other words you are completely underwater.
That is not what that term means. Underwater implies that equity is zero and debt exceeds value of an asset. There is no debt and price is not zero.
336  Economy / Speculation / Re: Why has this capitulation been so slow? on: February 02, 2015, 10:58:58 PM
We aren't still on a capitulation yet, it will take months for trust to build up at this point.
It's not so much trust, but confidence. Bitcoin needs to become Ironclad. It needs to be completely secure from theft and loss. If you build it, they will come.
337  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 01, 2015, 12:32:01 PM

The cat will get to the moon... eventually.
338  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: February 01, 2015, 12:20:45 PM
Im pretty certain OP is no longer the wealthy elite unless he sold at 1k..

OP was buying @ $10 a coin. He'd need to be very stupid or very unlucky not to be wealthy by now.
Wealthy? Compared to whom?
339  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 01, 2015, 12:16:11 PM
340  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 01, 2015, 11:49:36 AM
Actually, darkcoin recently moved to Bitcoin Core.

It now solves the Coinbase problem. 

All the Bitcoin Core APIs work, yet no tracking and randomly shutting down accounts because someone got out of bed on the wrong side.

Otoh could be cornering the market for all we know.
As long as it uses electricity it will be traceable.
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