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301  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 28, 2018, 10:06:34 PM
So what you are saying is that you are useless. Please convince me otherwise, there are too many of you lately.
If my answering your question makes me useless than perhaps you should ask more useful questions.
302  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 28, 2018, 10:03:56 PM
Give me enough money and I have no care for your bitcoin blockchain
I will own all the nodes
"Referencing Rothschild on the banking system and government"

You can own all of the nodes if you want but that wont help you to attack the network. The moment you begin doing nefarious things users will open channels with someone who is not doing nefarious things and the network will very quickly self heal from your attack.
Whats to attack
I have just turned the blockchain into a central bank, all transactions run through my nodes
cheap or expensive

Rofl what no. Havn't you been paying attention? It's a permissionless system. If you make it expensive people will use someone elses node. You understand that there isn't some limited number of slots to fill up where you get life time ownership of that slot right? You don't seem like you understand at all how the technology works. You remind me of a commenter from zerohedge not bitcointalk.
303  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 28, 2018, 09:20:07 PM
I have officially retired from attempting to understand the market dynamics of Monero. Why does it go up when it goes up? Why does it go down when it goes down? I have come to terms with the fact that I have no effing clue. I know why I own it and I know why I hold it and I'll sell it the day I see a better value proposition for what ever price it is that day. That is just going to have to be good enough.
304  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 28, 2018, 09:16:35 PM
I've abandoned all hope. It's remarkable. I finally feel nothing.

That's good. Hope is inherently an anti-rational concept. It's good for religion and entertainment but no place for it in the pursuit of financial success. The real trick will be to try not to re-acquire it when this thing turns bull market.
305  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 28, 2018, 09:08:54 PM
Give me enough money and I have no care for your bitcoin blockchain

I will own all the nodes

"Referencing Rothschild on the banking system and government"

You can own all of the nodes if you want but that wont help you to attack the network. The moment you begin doing nefarious things users will open channels with someone who is not doing nefarious things and the network will very quickly self heal from your attack.
306  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 28, 2018, 09:03:49 PM
Even if so: LN is by design centralized.

This is the big fallacy. Bro, Lightning Network does't make bBitcoin centralized because Lightning Network ISN'T BITCOIN.
So it's not bitcoin being moved around?

Sorry you are right. FTFY
Is that a yes or no?

Well it's a yes to my original statement but once I revised my statement it became a question that doesn't apply to what I'm saying.

Lightning network (like a credit card system) is the idea of large nodes inclusive of fees and mining working the chain and little nodes assisting in confirming it all (akin to satoshi's idea)
Analogy - Credit cards/paypal/etc on top of banking chain


The problem with lightning is who has the big nodes

decentralization is the key (the nodes or replace with sidechains instead)
whilst distributed lightning network is designed to centralize and control

It's a permissionless system. The nodes are anyone who wants to be a node. You can be a node if you want. How big those nodes need to be depends on how low of a fee users want. Individuals will have to make that choice. It will be a trade off. Do they want a smaller fee and a bigger node or a bigger fee and a smaller node or a few smaller nodes. I will probably be a power user, I will probably have several open channels to medium or small nodes. Some starving pleb in Venezuela will probably have one open channel to coinbase or some big entity because he will need absolute best value and will be willing to sacrifice anything to scrape a few pennies. The average trade off selected by users will be a function of the demand for transactions and the progression of technology (assuming the bitcoin community is willing to increase the block size as technology improves, I for one support this).
307  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 28, 2018, 08:51:51 PM
Even if so: LN is by design centralized.

This is the big fallacy. Bro, Lightning Network does't make bBitcoin centralized because Lightning Network ISN'T BITCOIN.
So it's not bitcoin being moved around?

Sorry you are right. FTFY
Is that a yes or no?

Well it's a yes to my original statement but once I revised my statement it became a question that doesn't apply to what I'm saying. But uh yes, it does move around small letter b bitcoin. So do I if I hand a funded open dime to my friend, that doesn't make me a force for centralization in the big B Bitcoin network.
308  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 28, 2018, 04:22:02 PM
Even if so: LN is by design centralized.

This is the big fallacy. Bro, Lightning Network does't make bBitcoin centralized because Lightning Network ISN'T BITCOIN.
So it's not bitcoin being moved around?

Sorry you are right. FTFY
309  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 28, 2018, 04:15:34 PM
Even if so: LN is by design centralized.

This is the big fallacy. Bro, Even if LN is centralized (debatable but it is more centralized in some aspects by necessity) that doesn't make Bitcoin more or less centralized because Lightning Network ISN'T BITCOIN.
310  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 27, 2018, 10:10:04 PM
... as long as you back the RIGHT side ...

What you did there. I see it.

What ever could you be talking about?


311  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 27, 2018, 09:16:36 PM
So yeah, probably best not to threaten the financial stability of the most powerful nation on God's good earth.

Wait how does selling drugs threaten the financial stability of the United States Huh. Social stability maybe but nothing could be as detrimental to that as open borders and mass immigration, something most government employees seem to be more than okay with.

Frankly I don't care what you guys do before this cold civil war turns hot as long as you back the RIGHT side when things do turn hot. Nothing else matters compared to that one decision that you will have to make. You claim to love the USA than back the good guys not the commies when things get real.
312  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: June 27, 2018, 03:03:20 AM
Even in the Trans-Siberian Train I was able to buy a beer using @monero @CakewalletXMR #NadaNosDetiene

That sounds awesome! I wanna drink Monero beer on a Trans-Siberian train!
313  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 27, 2018, 02:59:02 AM
I'm watching Ivan on Tech's interview with Fluffy Pony https://www.youtube.com/watch?v=KqhRZfKRriU and the interview is interesting sure, but I noticed something much more interesting. You can see the comments rolling in on the right side the same way they came in when the show was live, and I must say almost everyone is very positive. It's the first time I have been able to put a finger on the pulse of a random sampling of the wider crypto currency comminity with regards to their feelings about monero and they seem to have mostly very positive perceptions. It's worth a look if you have the time.
314  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 27, 2018, 01:46:34 AM
long era of 'laissez faire' rampant capitalism

This has to be a joke  Angry. There is more government regulation and red tape today than there ever has been. Taxes on anyone who is actually productive are crippling while the unproductive are subsidized. The landscape is dominated by megalithic corporations because individuals and smaller firms lack the economy of scale to comply with the profoundly onerous burden of regulatory compliance. And from this you perceive laissez faire... How... just how...
315  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 26, 2018, 11:12:26 PM


Ok, looks like it's time for crazy.

Any of you crazy people ready for crazy?
ready for crazy!

Can you believe that was in theaters in our (most of us) lifetimes? Can you imagine that today? Now we have social justice shoe horned into every film even action movies. How things have changed. There would be pink and purple haired protesters at every big city in the country if they released that today.
316  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: June 26, 2018, 08:10:16 PM
I Never really understood why Monero has such high MCAP.  There are many better projects out there

It's simple really. There is no other project out there that delivers fungibility. Fungibility is arguably necessary for a functional currency. Also it is the only project that delivers privacy if that is something that you need. Well Monero and it's forks and I think you can imagine why it's forks would be taken less seriously. Also bytecoin that it was forked from but bytecoin is really scammy.

If all one was to do was read every projects marketing wank than one would come to the conclusion that there are a dozen projects out there that offer privacy but the other ones also have all these cool and interesting features that monero doesn't have. The reason monero is so capitalized is because all of that marketing wank is just lies while monero doesn't have cool and interesting features it actually does deliver on privacy and fungibility.
317  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 24, 2018, 09:09:26 PM
Depends on which country you are based, sure is that in a while just in Venezuela they will be able to mine with no loss if we go ahead like this

Venezuelans think bitcoin is in a bull market. Cheesy
318  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: June 24, 2018, 04:58:39 AM
There was an instamine problem, but it was long time ago and it was sorted and explained.

"Explained" I don't really care about. "Sorted" is potentially interesting. How was it "sorted" exactly?
319  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: June 23, 2018, 03:14:34 AM
I think dash is making much more progress in terms of building use case communities around the world. The decentralized governance structure and instantsend tech make it impossible for monero to compete with. This is reflecting in the price.

I suppose the fact that it's a premine scam doesn't factor into the assessment?
320  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 23, 2018, 12:00:36 AM
Good volume means it is a good bottom..

(‿ˠ‿)

The price is crashing because infofront isn't posting enough bottom pix to hold it up. INFO I BLAME YOU!
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