... much of social interaction is stories, story-telling and pecking orders based on narrative delivery. Even in the elite technical journals and hardest of the objective studies, math, physics, etc the narrative is the final arbiter, after the necessary hurdles of the field are successfully demonstrated as having been mastered, equations, experiments, etc the studies with the best story behind them are the rulers of the roost. Some of the best crypto stories are just simply unbelievable or so far over the line that they are a hazard to one's financial or legal status so best kept to oneself, for now.  I recall one of those visionary posts from the 2011 era, I think by Vlad, that he said he felt like he was caught up in a Neal Stephenson story like Cryptonomicon, it's been a whirlwind ride and shows no signs of ending anytime soon. Some seriously crazy stuff has been going down that we will hear about eventually. |
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i'm thinking Fidelity bitcoin ETF to get things started and then it's all on from there. Someone big is rattling the SEC cage cause they are finally moving the furniture around and warming up the band ready for the next game of musical chairs. |
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It is already confirmed that Microsoft is buying GitHub for $7.5 billion. What I don't understand is why are some people so angry about that? Can someone elaborate on what Microsoft can possibly do to kill GitHub as we know it? Because in my opinion they will do all in their power to keep the platform alive with its more than 28 million developers. They surely don't want an exodus of any kind otherwise they wouldn't pay $7.5 billion to acquire GitHub. I think they just want their name was associated with it for promotional purposes, that's all. CMIIW.
we shall see as soon as they start changing their terms of service ... Facebook did it with WhatsApp, sucked out all the user data (messages, contacts, everything) into Facebook servers even if you had never had anything to do with them. Microsoft's lawyers are going to want to get their $7.5 billion somehow and 'monetising' Github will look a whole lot like dataraping the developers brains that they have selflessly placed into the trust of Github in my maybe naive estimation. |
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Microsoft eventually turns anything code related to shit in some way or another due to the corpro-idiot-speak from the lawyers and suits that ultimately steers the ship over there in Redmond, so they should look at moving.
The biggest issue would seem to be establishing anew the web-of-trust automated signed-commits, binary-building and signing mechanisms. Doable but maybe a ball-ache to unravel especially if some opportunists use the timing as another excuse to shove their deranged 'governance' agenda. Probably the core devs need to establish now on another platform as code-signing authors in parallel and migrate over in time ... in preparation for when the inevitable changes in Terms of Service for Github start rolling out.
Edit: where's the sidechain that does Git on top of decentralised storage (e.g. StorJ)?
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I think that largely he is criticizing the bcasher nutjobs in their assertions that bitcoin has to "get back to it's original vision," and a lot of the bullshit originalism that bcashers spout out in order to criticize various bitcoin evolutions, including segwit and including lightning, etc.
Get real. We don't dislike Segwit because it is not part of satoshi's original design; we dislike Segwit because it is at best a distracting irrelevant rearranging of the titanic's deck chairs, and at worst a fatal security virus that cannot be rolled back. ummm, just a kind word seeing as you look to be slipping into dementia in your aged state, it appears you have wandered into the wrong establishment. The Fundamentalist Church of Satoshi where they are pounding on the white paper bible is further down the road. |
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Do the Bartman ? This cartoon 'kid' is like 30 years old by now
Seriously what does this formation relate to, the transition from west/europe over to Asia and back again ? Reminds me of a phase change on a transformer or something.
A trader told me BCH is bullish medium term apparently, set to do well. I thought that was mostly previous due to the fork and speculation on that, any reason for more demand on it recently?
It's just some big players moving funds around the globe for arbitrage. Think of it like the heart-beat of cross-border financial transactions bitcoin is performing. Buy 1m in HK, Sell in NY, Buy 2mm in Zurich, Sell in Singapore ... etc, etc. Bitcoin is working. |
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ChartBuddy was a causality of the HardForkers Civil War on Bitcoin ... they didn't even have the decency to give him a proper burial but instead drag his corpse around on display on various forums like the relics of a martyr or something.
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.... you mean he finally did something instead of just talking about it? Let's see shall we? |
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For the market to grow like we all hope it will, regular people are going to have to come in droves.
No, this is wrong. Current fiat (or any asset) wealth is not distributed evenly across the population, in fact it is well-documented and heralded as being increasingly concentrated in fewer and fewer hands. By this reason alone, relatively very few have to come to bitcoin to replace fiat as the dominant wealth storage and measurement mechanism. |
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one thing we do know about bitcoin is that it can take a punch and get back up.
there is probably no other new technology in history that has been bad-mouthed, ridiculed, shat-on-from-high-places like bitcoin.
We've had central bankers, top-ranking bureaucrats, bankers, economists, futurists, market-pundits, comp. science gurus all going out of their way to shit on a new technology for over 8 years, it's unprecedented. Are they afraid it might actually work and be a great technology? What does that say about them?
Take all the nastiest, hateful comments you've ever read about bitcoin and replace the word "bitcoin" with "computer", "software", "internet", "television" "radio", "electricity" or "the wheel" and .... well, there you have it. The social, emotional reactions to bitcoin are not rational; people generally cannot discuss or think about money rationally, they are trying to fight/denigrate a new technology politically or on philosophical grounds. Viewed from afar the overblown, irrational negative reactions look pathetic, distracted and disconnected from the reality of the situation. That's the best evidence yet that bitcoin is onto something, it threatens their livelihood, therefore it's worth a punt, the biggest punt in your life (imho).
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OTC sales still hit the streets eventually. 8000 coins did this. Eight. Thousand. Coins. That's it. That's all it takes.
that's chump change .. if you think 8000 coins did this i've got some nice alts to sell ya, how about it? the kobyashi myth makes for a great cover story though, it's cute. like korean exchange 'freezes', chinese gubmint 'bans' and buffet 'rat poison', 'baby brains trading' ... the FUD is getting coordinated |
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c'mon bitcoin, you can do it, get up!  |
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kobyashi's back in the game?? ... I thought he was on the sidelines until the civil rehabiliation question was decided by the judge?
He has already raised sufficient funds to bring Mt. Gox out of bankruptcy so he has no further authority to be trading in any remaining liquid assets until the civil rehabilitation question is settled.
smells like FUD to get some bankster cheap coins ... probably buffet trying to get bankster dick out of his mouth and mumbled something incoherent.
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... money is a user's claim on resources by agreement of the users group.
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If the Bcash centralised mining corporation wont come to my rescue, who will come to my rescue?
Who's gonna save me?
Bcash - bringing back bailouts because ... well just because, so get the fuck outta here if you can't afford to run a full node.
So far, 2 centralised mining emergency forks and counting ... it's really the reaallllly real original bitcoin, read the write paper.
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Another day, another representative of the Jew World Order trying to disarm the population while flooding them with rapefugees that want to murder them (The Kalergi Plan):  That might be the stupidest tweet I've ever seen from a world leader. That even includes Trump's tweets. Bwahahahaha! While being actively shielded by the armed Swiss Guard! World's oldest standing army. #Swisstard Go, BTC... yes, what weapons will those who are going to enforce a total weapons arm themselves with? |
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and they can't do that also on the sell side?? fiat settlement of commodity futures has been the bane of many commodity markets for decades ... taleb sounds more idiotic with every utterance he makes about bitcoin ... seems like he was just a one-hit-wonder with his "black swan" meme and he probably even got that idea from the excellent pub of the same name just outside London. |
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Does anyone know what the current status of Confidential Transactions is?
... it's, well confidential. They are secret enough that there will be no way to know when they are working but you will know. |
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4. Sometimes I wonder if enjoying life more at the moment beats having more money later. For once, if you eventually get to a decrepitude stage with $100 mil worth of btc (say, in a few decades), then I have to ask: The f-k you are going to do with it?
I have been thinking a lot about this. Do I want to be a filthy rich octogenarian with failing health, or a reasonably well off middle aged guy with energy for projects? Warren Buffett is worth $87B. But he's also an 87 year old man that lives in the same house he bought for $32K and eats McDonald's every morning for breakfast and drinks Coca Cola all day. So there's that. ... buffet drinks coke all day to get the taste of bankster dick out of his mouth, so there's that. |
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