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If, however, you are convinced of the long term viability of the concept of a public record of irreversible transactions, then it's time to get with the program.
Or, if you are not, then maybe you should stop wasting your time with this little open source beta project and consider other options.
What is it that makes you wacky Bitcoiners so belligerent? Not like I'm sticking stuff in ur GF, I just don't get the market right now & thus not investing  That's cool bro, I don't need an excuse to be belligerent. I'm just trying to say that we are approaching the time to either fish or cut bait. This market is fucked, it's either moon or nothing. Best time to enter this market was 4 years ago, second best time is now, or never. >I don't need an excuse to be belligerent. That's pretty much my point--you Bitcoiners just seem so butthurt & bitchy all the time. Why pick fights for no reason? >it's either moon or nothing. I've been told "moon or nothing" for the past couple of years, but mostly when I was taking profit on the way up to $1200. What sort of a fool would get off world's biggest and most luxurious ocean liner on its maiden voyage, amirite? But we're at $247 now, so I guess it's "nothing," 'coz it shoo ain't no moon. |
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If, however, you are convinced of the long term viability of the concept of a public record of irreversible transactions, then it's time to get with the program.
Or, if you are not, then maybe you should stop wasting your time with this little open source beta project and consider other options.
What is it that makes you wacky Bitcoiners so belligerent? Not like I'm sticking stuff in ur GF, I just don't get the market right now & thus not investing |
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and I don't know where your suspicion comes from, but hey do what ever makes you happy.
It's probably based on the belief most old-members are ... No, it's based on paranoid delusions. Not being bulltarded gets one labeled a troll, a sock, a gubermint infiltrator, or worse... None of this, of course, is ever true. Earthling.  ~Your Beneficent Reptilian Overlords |
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... pull back to release the bearish steam...
Euphemism for fart gas? So many technical terms... |
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... my dreams to pick up on some more cheap coins though..  Don't give up on them dreams--I'll MAKE 'em come true! (Starting a Bitcoin Make-a-Wish Foundation--for terminal bulls.) Come on Lamby. Cheap coins, don't miss this opportunity to make money. Like I told Blitz, I don't get why the market is doing what it's doing, that's why I'm on the sidelines. But if you do, go right ahead & keep stacking  Sound Money
 
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... my dreams to pick up on some more cheap coins though.. Don't give up on them dreams--I'll MAKE 'em come true! (Starting a Bitcoin Make-a-Wish Foundation--for terminal bulls.) |
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Hardforks r expected atleast first 10 yrs.. Ie we had a hardfork when we got rid of gold standard but monetary policy at the time was hundreds of yrs old..
That's because trust in fiat != trust in a chunk of code. With Bitcoin, code is exactly what you have to put your trust in. I'm also not buying that miners (rather: mining pools) will chose the fork that's best for Bitcoin as a whole, i.e. best for "hodlers," rather than the one which best serves their immediate interests BTW, have you noticed the pool breakdown lately?  Remember what it used to look like ~6 months ago? |
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^TL;DR: Hardforks are just fine, we'll hardfork this thing like a red-headed stepchild--change 21mil max coin limit, give it 50% a year inflation because hardfork, so whateva!  |
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Sound Money
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System-wise the mainstream financial system is hampered more by regulatory issues. From a computer science and engineering point of view it's job is not that difficult.
From a CS and engineering point of view, the current financial system is like a massive sprawling database built by someone who doesn't know anything about database normalization... The problem with viewing Bitcoin as a database is obvious: It's a database which can only handle 7 TPS. This sort of throughput may be enough for your local Walmart, but world currency? See proposed hard fork, which (as you know) solves the transactional bandwidth issues bitcoin would eventually have experienced going forward. A patch increasing the (still limited) # of transactions at the expense of blockchain size. At best a cludgy temp fix, "[f]rom a CS and engineering point of view." Besides, we aren't talking about what Bitcoin could be if we changed the code--we're talking about Bitcoin as it is now |
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Is it still happening?  |
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Support on stamp to 242$ is again +2000btc... growing back up really fast, since all the bids down to 241.33$ were filled.
What is happening?
Death spasms.  |
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System-wise the mainstream financial system is hampered more by regulatory issues. From a computer science and engineering point of view it's job is not that difficult.
From a CS and engineering point of view, the current financial system is like a massive sprawling database built by someone who doesn't know anything about database normalization... The problem with viewing Bitcoin as a database is obvious: It's a database which can only handle 7 TPS. This sort of throughput may be enough for your local Walmart, but world currency? |
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Up we go..
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Unfortunately, notlambchop's poop supply is completely unlimited.
Yes, NotLambchop is eternal, and technically omnipotent (thus capable of producing as much poop as he pleases). But He's also omnibenevolent, so he probably won't. So let's agree that His poop is the silver to your poop's gold--sorta like Litecoin is to Bitcoin. |
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Just came up with an excellent exit strategy for the batshit crazies [aka permabulls] in this thread: Start hoarding your poop instead of BTC--because your life is finite => your poop supply is limited => valuable like gold. See "guano"   |
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Litecoin seems like such a steal right now.
Prepare for huge % gains for a while
Yes Litecoin Bitcoin, the coin which will save the world. ... Litecoin Bitcoin, because it matters. /s Talk about glass houses  FTFY. |
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What have you done, bulls?  |
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I can't be arsed to take this discussion any more serious than I do until you come up with some more insightful comparisons than "Bitcoin = pets.com"... Beanie Babies? *ducks* |
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