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1924
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: April 25, 2018, 01:29:23 AM
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snip
IMO he is right, at least for me XMR is the No2 after Bitcoin. And i think thats the case for many bitcoiners. Dash doesnt stand a chance sry.  Thats funny. But you can keep your opaque blockchain, makes it fungible right? In which you have to trust without being able to verify that no-one is minting coins sneakily via an exploit or bug. Or you can have privacy hoping that the single point of failure encryption wont be cracked revealing all your transactions. Like here http://hackingdistributed.com/2017/04/19/monero-linkability/ Not to mention slow transactions, bloated blockchain.. Think bitcoin has scaling problems? But Monero does now have a wallet, which is progress. You're wrong about everything except the bloated blockchain (the linkability problem existed, but was fixed over a year ago). Post that in the Monero Speculation Thread |
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1926
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: April 24, 2018, 07:09:19 PM
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Hitler did nothing wrong.
If we're going to blame anyone for the Axis defeat in WW2 and subsequent spread of Jewish Marxism infesting and destroying every 1st world nation on earth, the wops in Italy definitely dropped the ball. Speaking of military history, Hitler really fucked up Germany's chances of victory. Some things are better left to the generals. |
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1927
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: April 24, 2018, 05:34:42 PM
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I don't think we have that consensus quite yet. There is definitely a good sized minority out there who believe that bcash is "the real bitcoin".
...aannd there's your problem right there. If you believe that consensus means that 100% of end users are going to agree on what is the real Bitcoin, then you're never going to achieve consensus. Because that's never going to happen. Some things in this world are only proven as self-evident. People vote with their fiat. No I don't. If bcash was like #17 or #37 on coinmarketcap I would call that consensus and be done with it. But it isn't now is it. It's number fucking 3. THREE! It's FIVE TIMES the market cap of Monero, which is a truly exceptional project. It has that status because a sizable minority of people believe that it is the real bitcoin. *edit* I said 3 instead of 4 because ripple isn't really a cryptocurrency and it's claimed supply isn't actually traded anyway even if it was. See: Marketcap Manipulation A few guys with deep pockets can do a lot to increases the apparent value of a coin. Without pumping by Ayre and Ver, and supply restriction by Ver and Jihan, Bcash would probably be competing with Bitcoin Gold and Bitcoin Private in marketcap. |
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1929
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: April 24, 2018, 04:58:58 PM
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Anyway I'm getting really tired of this and really annoyed that there isn't one single person to step forward to say that they understand what I mean. Even though I really do believe in what I am saying and I think that I have good arguments behind it even I am starting to feel like a troll at this point. So I think I am going to disengage from this pursuit.
Disengage from Nazi noise too, and you could find even more respect. Hitler did nothing wrong. mmm hitler is very easy .... on an non ethical way he helped on science and a few things where we have advantage on after the war and his dead , BUT in big lines he did evrything wrong by just killing innocent... but to say he did nothing wrong is just sick to say .... but everybody's own oppinion .... Define innocent. Stop trolling. |
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1930
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: April 24, 2018, 02:34:56 PM
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Anyway I'm getting really tired of this and really annoyed that there isn't one single person to step forward to say that they understand what I mean. Even though I really do believe in what I am saying and I think that I have good arguments behind it even I am starting to feel like a troll at this point. So I think I am going to disengage from this pursuit.
It's difficult to have an objective discussion on this topic, as you can tell by the visceral, emotionally charged posts. I like to think I'm pretty objective and level headed, but sometimes I lose my shit over Bcash too. Consensus decides what Bitcoin is. If, sometime in the future, consensus dictates that Bcash is the real Bitcoin, I would acknowledge that. However, I'd also acknowledge that Bitcoin has failed, and I would disengage from the space altogether, and focus on Monero or something. |
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1931
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: April 24, 2018, 02:21:47 PM
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Didn't you know this is the Wall Observer Maximalist thread. I know exactly what you mean but risk being shouted at to say that here  On the date of the bitcoin cash fork. Bitcoin core forked too didn't they? That was when segwit was activated. The original bitcoin in reality is an etheric and ambigous thing which probably no longer exists. The real shit slinging match is over the brand. "Wall Observer BTC/USD" You may be confused by /r/btc, but BTC is Bitcoin. You're more than welcome to create a Bcash or Bitcoin Pizza Wall Observer thread in the altcoin section. As far as the "original" Bitcoin, I'm sure you can find a copy of Satoshi's original software release from 2009, but you're going to be the only one running it. And you'd be missing out on some amazing new features, which have allowed Bitcoin to scale relatively well without increasing the blocksize or increasing centralization. |
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1937
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: April 23, 2018, 09:10:00 PM
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With regards to zero confirmation spending. That is stretching credibility a bit. Even the name of it says it all zero confirmations means there is zero confirmation. I don't remember that ever being a thing. I always thought you need about 6 confirmations to consider it safe?
Dash has a great solution, as usual. With Dash 'instant send' a quorum of masternodes accept the transaction and instantly lock it. No double spend can then happen. Shortly afterwards the confirmation goes through into the blockchain the normal way. Just another example of how Dash already solved all these problems ages ago and the power of the tier of masternodes.
FFS - if you're going to shill an altcoin here, at least pick a respectable one. Please define "respectable" in terms of alt coins.  Fair request, but I won't publicly elaborate any further right now. This thread has derailed pretty far into altcoin land already. |
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1938
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: April 23, 2018, 09:04:56 PM
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I could be glib and point out the 'cash' in the title. But I don't have to. Back before the tx volume got big enough to be chronically delayed to the 'next' block, zero conf txs were routine.
There is really no arguing this point. They worked. To the point that freeking _payment_processors_ accepted zero conf txs.
Here's a website that tracks 0-conf double-spend attempts on BCH: https://doublespend.cash/It is very rare for the transaction broadcast second to be confirmed in a block, even when it offers a higher fee. And 0-conf can be improved further, for example with double-spend relaying so that merchants can quickly detect fraud attempts: https://www.youtube.com/watch?v=OAt6B7b4GeMOr by more finely-grained proof-of-work to discourage miners from facilitating fraud: https://www.youtube.com/watch?v=yXFuNkaYcPQAdmittedly, I haven't followed things too closely in bcash land. However, Satoshi Craig has been the hype man for 0-conf, and I thought that was one of the areas where you disagreed with him. |
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