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3761  Bitcoin / Bitcoin Discussion / Re: [SHOCK] Core dev and Blockstream employee tells bitcoin users to use fiat! on: June 04, 2017, 11:00:53 PM
but then the system is just as 'controlled' as you are crying about bitcoin..
so changing PoW for PoS purely for the hope that the little guy gets a cut,,, last for maybe 3 weeks.. then its business as usual for the big-guns

what?
The amount of wallets don't change the total weight you have on the network. You also could run them in x VirtualBoxes and still earn the same amount of interest. Your "control" doesn't change by the number of wallets you run but only by the amount of coins you own.

facepalm

but in a PoS system where it randomly selects certain addresses that have atleast X coin
the big-guns can ensure they have many addresses with the minimum funds required (for V2)and also the majority of nodes to ensure they get 'picked' often.

EG some PoS coins see the flaws of PoS v1 and then add new rules like proof of resourse to prove its not just 1 guy getting selected every time... by randomising which node/address gets selected to certify a block.. hense even with PoS v2 sybil farms can counter that.

as i said
so changing PoW for PoS purely for the hope that the little guy gets a cut,,, last for maybe 3 weeks.. then its business as usual for the big-guns

..

same goes for LN
people think they can get rich just leaving the LN node on and taking a nice ct of the "hop" fee of routed payments... pfft HA. what will happen is the seed DNS will be configured so that HUBS get the most action
3762  Bitcoin / Bitcoin Discussion / Re: [SHOCK] Core dev and Blockstream employee tells bitcoin users to use fiat! on: June 04, 2017, 10:51:08 PM
Yes, and when people would learn, that they don't need these "server farms" that do some mathematical hocuspokus with megawatts of power to "create money" (which they don't), but could actually do it themself with a mere raspi or a notebook running a wallet, this would be great, would help to have more decentralization and more of a "people's money" as it was meant to.

then people will just sybil farm
run 10,000 raspi's from one location to eat a bigger slice if the... (no pun intended) Pie

It doesn't matter, if they have all their coins in one wallet or 10000.

but then the system is just as 'controlled' as you are crying about bitcoin..
so changing PoW for PoS purely for the hop that the little guy gets a cut,,, last for maybe 3 weeks.. then its business as usual for the big-guns
3763  Bitcoin / Bitcoin Discussion / Re: [SHOCK] Core dev and Blockstream employee tells bitcoin users to use fiat! on: June 04, 2017, 10:44:45 PM
Yes, and when people would learn, that they don't need these "server farms" that do some mathematical hocuspokus with megawatts of power to "create money" (which they don't), but could actually do it themself with a mere raspi or a notebook running a wallet, this would be great, would help to have more decentralization and more of a "people's money" as it was meant to.

then people will just sybil farm
run 10,000 raspi's from one location to eat a bigger slice if the... (no pun intended) Pie

any system can be co-opted/corrupted given the right time and desire to do it
3764  Bitcoin / Bitcoin Discussion / Re: [SHOCK] Core dev and Blockstream employee tells bitcoin users to use fiat! on: June 04, 2017, 09:51:04 PM
...

not gonna argue about PoS/PoW
the only thing i and MANY agree on is the crappy buzzwords..

wallet.. holds money..
bitcoin wallet holds KEYS..
so should be called a keyring not a wallet

bitcoin is not a coin but a token/unit of measure. so should have been called something else..

...
but we live in a world where 'remote hosting'(back in my day)  is now called 'the cloud'  (facepalm)
but we live in a world where 'social media'(back in my day)  is now called 'facebook'  (facepalm)

do kids these days even understand what a cloud is.. what a book is

even the BS cartel... fake a node consensus(hard) as being soft by saying UASF.. to fake the ramifications of using it
3765  Bitcoin / Bitcoin Discussion / Re: [SHOCK] Core dev and Blockstream employee tells bitcoin users to use fiat! on: June 04, 2017, 09:16:51 PM
Then why are most mining pools supporting Segwit and the high fees? They either support it, or they don't really care about it, and prefer short term profits for long term detriment.

68%   say nay/oppose
http://bitcoin.sipa.be/ver9-2k.png

ignore the barry silbert closed door meetings. thats just whistles in the wind from the same cartel..

And this is usually this is most businesses's Achiles heel. They just want to make money now, while don't care about the huge problems they will be facing 5 years from now. It is this that I am pointing out.

pools have planned for the next few years... once you do research and stop relying on the reddit stuff that echo chambers in their cabin fever psychological small box.. you se the clearer picture

All businesses should be planning for the long term. But at it looks like they are just doing everything they can just to kick the can down the road. The so called "economic majority" already chose small blocks. So there is really nothing to talk about.

Exchanges, Mining Pools, Merchants, are all in on it. They just want profits now, but not care about the future of Bitcoin.

"economic majority.. pffft

thats more buzzwording from the same cartel.. all they have is 60-80 signatures. and a few of them are repeats of the same guys that try to sign for as many subsidiaries as they own, even the subsidiaries that dont even financially handle bitcoins
3766  Bitcoin / Bitcoin Discussion / Re: [SHOCK] Core dev and Blockstream employee tells bitcoin users to use fiat! on: June 04, 2017, 08:52:49 PM
Just chill the fuck down. I am not a socialist, and normally I have no problem with people making money.

However in this case, they put profit over the health of Bitcoin, which is detrimental for the whole community.
 
Every rational miner knows that in the long term they would make much more profits if the block size were bigger, since more transactions could go through having the network grow and having more users on board, also increasing the price further.

But in this case they are blinded by shortsighted profits, they love 10-50$ fees, but once people stop using Bitcoin, the fees and the price will go back to where it was in 2014. Then they will realize the huge mistakes that they have done.

Remember it's a race against money, they invested a lot in the ASICS, and they put all their bets on BTC price rising. If the price were to go back to 2014 levels, most of them would go bankrupt, and then who will be laughting?

they are not blind by profits...

pools did not raise the fee's or hold down the blocksize.... CORE did
core moved the fee control mechanisms
core didnt add any mechanisms to allow dynamic block size growth when the pools wer getting to the 0.75-0.999mb borders..

even now pools are doing empty blocks to get a few bits of efficiency gain just to ensure their blocks are accepted purely to get the blockreward .

its core that are finger pointing the blame at pools.

remember Luke JR found the exploit that allowed core to bypass node consensus (segwit going soft exploit).. pools did not ask to be the only electorate.
3767  Bitcoin / Bitcoin Discussion / Re: [SHOCK] Core dev and Blockstream employee tells bitcoin users to use fiat! on: June 04, 2017, 07:55:56 PM
Well for once POS coins are better, I have been telling people since 2014 that POS coins like NXT and others are better ,but everybody was just making fun of me.

sorry to say this but im still laughing at you about your NXT from the early days...

anyway

bitcoins PoW mining is not insecure nor is it exploited... asic boost is much the same as the GPU days of ATI(openCL) vs Geforce(cuda)

if you wash away the racial fud and the bad maths..
its not about jihan vs the world, its about DCG portfolio having the devs on strings. having the main merchant tools on strings, but no matter how many free lunches and all inclusive weekends they offer, cant get pools to tie themselves to the DCG portfolio puppet strings, bar BTCC and a couple other small ones

so DCG/blockstream are at war blaming antpool for not joining the cartel.
even though antpool does not account for the 68% nay/abstainers... only 16%

again i see DCG jumping ship over to litecoin and getting bitpay/coinbase to flip to LTC dominance where devs/merchants and asics are under the DCG portfolio
3768  Bitcoin / Bitcoin Discussion / Re: Why is big blocks bad? on: June 04, 2017, 05:02:07 PM

sorry but SPV is not network security... its only personal validation of what you personally see..

the network security is much like torrents. where by you holding the blockchain makes you a crucial 'seed' of the network
with everyone else holding the same seed data. this then makes the dna of a particular seed that is replicated become the most widely accepted strand there is.

..
spv is not about the network. spv doesnt make other peers follow you or change what they hold based on what you have validated.. spv is just about what you think is valid

..
out of say 5million people.. yea we should have 4.9mill that dont need to know or want to know how bitcoin works and they can be fine using SPV clients

but we do need a nice healthy list of decentralised and diversely located/coded ful nodes that do have the full data.
..
now here is the thing.

we are not in 2009 where the min requirements were raspberry Pi1 and a 0.5mb ADSL/3G internet...
we are now in 2017 where the min requirements were raspberry Pi3 and a 5mb ADSL/4G internet... moving to the average being fibre/5G soon

so we can.. yes we CAN cope with ALOT more than before

some nutters scream about "gigabytes by midnight".. (they deserve a wet fish slap across the face)
the reality is that 8mb is safe today, but 4mb is extra safe... even core admit as much.

yet core want to strangle native(legacy) utility to 1mb, of a fake gestured 2mb... which is their delay and posturing tactics of trying to assume control of bitcoin
its also just kicking the can down the road by not allowing the blocksize to naturally grow (within node capabilities) and instead require the devs to spoonfeed out the limits
3769  Bitcoin / Bitcoin Discussion / Re: [SHOCK] Core dev and Blockstream employee tells bitcoin users to use fiat! on: June 04, 2017, 04:46:56 PM
you also have Gmax saying that all bitcoin developers will move over to litecoin at 57m30s of video below
and how he is happy to help litecoin..
https://youtu.be/LHPYNZ8i1cU?t=57m01s

yet any software 'brand' that is not blockstream/DCG endorsed he wont touch

follow
coblee(litecoin inventor) ->coinbase->DCG
boblee(coblee's brother) ->BTCC->DCG
gmaxwell -> blockstream -> DCG
luke Jr -> blockstream -> DCG
RustyRuss(LN) -> blockstream -> DCG

and ofcourse
barry silbert(DCG)-> alansilbert(capitalone healthcare)->hyperledger


Then maybe it would be better to start supporting Monero because they are still holding on to the Bitcoin philosophy. Everyone in Bitcoin and cryptocurrencies have become greedy. I have noticed that some groups want to run a project like a company than what they really are. Open source projects.



Litecoin is just shifting the issues of Bitcoin, it runs on the same technology, just with a different algorithm. The algorithm was once chosen because Litecoin-Developers saw the issue with centralized mining by farms running on ASIC. So they thought Scypt would be more ASIC resistant, which became untrue in 2014. Litecoin will cause the exact same mining farms once it becomes valuable enough.

the litecoin ASIC is in the barry silbert portfolio control.. just to add another layer to the list
LTCASIC -> DCG

my mindset is blockstream/barry silbert should move over to litecoin. after all then the asic control would be under their cartel control.
let them turn litecoin into the the corporate capitalist crap cartel driven currency..

then the rest of us can concentrate of moving bitcoin back to its original principles
independent diverse decentralised peer to peer network
3770  Bitcoin / Bitcoin Discussion / Re: I have found a few private keys by manual collision!!!!!!!!!! on: June 04, 2017, 10:22:13 AM
There's no way you can found private keys of bitcoin address by manual collision unless you found weakness/pattern how bitcoin address/private key is generated in certain bitcoin wallet OR you could break ECDSA easily.

ETFbitcoin.....
Directory.io.. even you should remember how that drama played out

https://bitcointalk.org/index.php?topic=1527225.msg15378992#msg15378992
Quote
Wait? I think everyone in here is joking or being sarcastic.
Didn't people read this news few years ago : Directory.io Prank Proves Bitcoin Protocol's Strength
3771  Bitcoin / Bitcoin Discussion / Re: [SHOCK] Core dev and Blockstream employee tells bitcoin users to use fiat! on: June 04, 2017, 09:13:48 AM
emphasis
but for me its make bitcoin great again or bust,.. im not playing Luke Jr and other peoples games of just hand over bitcoins and run off...
im not in it to be "fiat rich". otherwise i could cash out any time and retire... im in it for the reasons bitcoin was created in the first place

I read that part

But when people say something to that tune (sort of "all or nothing"), they are more often than not just bragging how cool and die-hard they are until they actually go through that part which is about nothing. Most of them would sell out long before it really comes close to what can be loosely considered as a turning point from all to nothing. That said, for most of us it is nowhere near "make bitcoin great again or bust", it is more about making profits and preventing losses. Thus we have to be a little more "flexible" in this regard, so to speak

i made my hoards back in 2012-2013.. i did not squirm when the $1200 tanked to $200.. nor did i squirm at any other price drama.
i see beyond the price drama. and keep my eye on the real infrastructure changes

if it was about 'profit' i would still day trade today. i would even do sig campaigns and other things.. i dont need income. i dont need extra bitcoin and i am certainly not going to panic and run off back to fiat at any moment.
thats what the cartels want people to do.  you se them scream it alot in their attempts  they shout "f**k off" alot...
ill leave you to decide if **= or/uc
3772  Bitcoin / Bitcoin Discussion / Re: [SHOCK] Core dev and Blockstream employee tells bitcoin users to use fiat! on: June 04, 2017, 08:48:14 AM
though my btc hoard is much higher than most. telling anyone to just go back to fiat is like the 'whiteman' telling the native indian to head back up over the mountains through the northern passage and let the whiteman take over america

It may turn out that you don't know it better

As you claim, since I'm not telling you to go back to fiat. I'm just saying that it may be wise to convert some part (mind that) of your Bitcoin stash to fiat for a short period of time until the dust settles. Obviously, I'm not telling you to dump all your bitcoins for good. Apart from that, this is not what you were telling just a week ago when I told you that Litecoin may easily substitute Bitcoin as a means of payment for 500k merchants which are there, according to your own estimates


until litecoin starts advertising that 500,000 merchants accept LTC (using coinbase/bitpay merchant shopping cart api tools). then LTC is not going no where, its just speculative hype
yep speculation hype. but out of all speculative hype LTC being the switch over currency of choice by the cartels, seems to be the most rational logical and easy to see possibility.. but until it happens .. its just speculation.

emphasis
but for me its make bitcoin great again or bust,.. im not playing Luke Jr and other peoples games of just hand over bitcoins and run off...
im not in it to be "fiat rich". otherwise i could cash out any time and retire... im in it for the reasons bitcoin was created in the first place
3773  Bitcoin / Bitcoin Discussion / Re: [SHOCK] Core dev and Blockstream employee tells bitcoin users to use fiat! on: June 04, 2017, 08:25:40 AM
i never been interested in altcoins. last time i touched them was probably 2013
my business, my hoards are in bitcoin
im highly invested in bitcoin

I understand your pains

worse comes to worse ltc replaces btc as the 'merchant' accepting currency which ends up changing the paradigm

Oh, now you come to see the lite

i see how things play out long before most do. i been waffling for ages about this..

Take it for what's it worth, but in your place I would move part of your bitcoins into fiat now (say, the US dollar). You won't lose much if Bitcoin successfully comes through the bottleneck it is quickly moving to, but if it fails and becomes toxic, that may be quite painful for the guys like you who blindly believe in Bitcoin future. This blind faith might have worked in the past for you but one day it will inevitably stab you in the back

nah im good thanks. im not blind.

i have what i need(btc) and know what im doing. i know where my triggers are to move.
i dont panic when others do..
to me price drama is meaningless to me. i see where the real long term 'infrastructure' changes are and have my plans set out should worse come to worse.

though my btc hoard is much higher than most. telling anyone to just go back to fiat is like the 'whiteman' telling the native indian to head back up over the mountains through the northern passage and let the whiteman take over america.

sorry but for me its make bitcoin great again or bust,.. im not playing Luke Jr and other peoples games of just hand over bitcoins and run off...
im not in it to be "fiat rich". otherwise i could cash out any time and retire... im in it for the reasons bitcoin was created in the first place

P.S in 2013 i dumped my altcoins by literally giving them away
i back then traded and had thousands of ltc.. then won competitions that gave me 1300 ltc and literally handed them away in different projects/methods. here is one
https://bitcointalk.org/index.php?topic=145201.msg1540606#msg1540606
3774  Bitcoin / Bitcoin Discussion / Re: I have found a few private keys by manual collision!!!!!!!!!! on: June 04, 2017, 07:23:20 AM
Yawwwwwn

more drama that just goes over the nonsense of a few years ago, all related to...

directory.io

its not natural collision. it was 'prepared' / drama collision.

what some dont realise is the first few thousand addresses had at the time a little bit of funds placed on the early numbers randomly and purposefully as a kind of "omg they are active" tempter of creating fake drama of 'omg collission happen alot'

but anyway spend your life going through every key, ask your great great great grandkids to carry on your project after you pass. you wont get far, and thats the point
3775  Other / Off-topic / Re: (Security) will virtual keyboard save me? on: June 04, 2017, 02:51:45 AM
i just opened up a vs project. not touched vs in a couple years..

only a few lines of code and was able to grab all key strokes from plug in keyboard AND onscreen keyboard
this also includes the password field which displays *** but the few lines of code displays what was actually typed

short answer. onscreen keyboard is no help what so ever
3776  Bitcoin / Bitcoin Discussion / Re: [SHOCK] Core dev and Blockstream employee tells bitcoin users to use fiat! on: June 04, 2017, 12:56:11 AM
if you know greek wou will find easy what i post in altcoin section. Only to warn ppl about the tech scams and nothing more.
But as i say there are a bunch of charlatans around bitcoin that they think that with btc collapse their shitcoin will take it place.
this is and the main reason why this ppl so easy pump completely broken tech proposal as BU, BitcoinXt or bitcoin classic and do whatever they can to toxic and split bitcoin community.
Your agenda is not hidden anymore. But you payed for it. Other do this free.



lol
more reddit scripts.. if you think bitcoin XT, classic, nbitcoin, btcd, BU are altcoins.. then you really need to adblock reddit.com.. you have been falsely advertised crap propaganda..

they are bitcoin implementations not altcoin implementations.
they dont even have code that are staged to cause an altcoin..

however UASF is staged to create an altcoin..

have a nice day
3777  Bitcoin / Bitcoin Discussion / Re: [SHOCK] Core dev and Blockstream employee tells bitcoin users to use fiat! on: June 04, 2017, 12:32:33 AM
is this yours??



    
Bitcoin Discussion       10632
Service Discussion       345
Speculation                326
Off-topic                   225
Altcoin Discussion         214

10632 vs 214

also i havnt posted in altcoin in years

have a nice day


is this yours
Bitcoin Discussion       728
Altcoins (Ελληνικά)       513

728 vs 513
3778  Bitcoin / Bitcoin Discussion / Re: [SHOCK] Core dev and Blockstream employee tells bitcoin users to use fiat! on: June 04, 2017, 12:18:16 AM
and for sure you are new here and you dont even understand how blockchain works. Even the beloved from BU supporters Ethereum system collapse before two days after heavy load of onchain transactions or better smart contracts. Now Vitalik talk about scaling through  Lighting network.
If you want to break bitcoin follow the opinion of the ppl that have no idea about tech as is Roger Ver, Jihan Wu and every charlatan around bitcoin that pump their ridiculous ideas.
If you have time try to find the post history of every person that is against bitcoin developers and pump this ridiculous tech ideas like BU or whatever.
You will be surprise when you find that all of them are also shitcoin supporters or worst scamcoin supporters.
My advice is for you to wake up.

gmax -  monero in his profile
DCG - zcash, ethereum, litecoin investors
bobbylee(BTCC) - litecoin lover
segwit support pools - merge mining altcoins

but the real thing i find funny is that while only a third of the community want segwit..
hell even the pools that pushed litecoin to adopt segwit are not even using sgwit keypairs for their block rewards..

these segwit 'lovers' are the people that repeat the same buzzwords
"jihan/bU/riger" as if only 2 people are against segwit...
anyone who's buzzwords jihan/bu/roger are just reddit script readers of fud. who lack doing real research and probably have not read a single line of segwit code to understand what 'promises' will actually be met.


anyway..
if anyone really wants to know why Luke JR loves the "just pay more" mantra.
if anyone really wants to know why Luke JR loves the "if you dont like the roadmap f**k off mindset

his income comes from fee's and merge mining altcoins
3779  Bitcoin / Bitcoin Discussion / Re: cryptocurrencies are not just stores of value, they are networks on: June 04, 2017, 12:07:58 AM
This is where I get a little confused. I thought the beauty of block chain, was that events like Mt.Gox wouldn't happen.

well the beauty of gold is that things like hackers cant scam your credit card..  but if you put your gold into a storage box and not care who has the key.. then someone can steal it.

the point of bitcoin is not to use things like mtgox!!!

i have never been victim to exchange hacking. my hoard has remained in my sole control. the only time it leaves my control is when spending it. but then its not my problem anymore, its the recipients.

bitcoin is not about using online wallet. but some people cannot look passed the fiat mindset, to be in self control.. so end up being lazy and "trusting" others to hold their value because its all they have ever known
3780  Bitcoin / Bitcoin Discussion / Re: [SHOCK] Core dev and Blockstream employee tells bitcoin users to use fiat! on: June 03, 2017, 11:37:01 PM
The network will never be " entirely cripled " with ~50$ average fees. Because, by then, bitcoin will either massively scale both onchain and offchain or die/ be replaced.

@franky1 i've seen you really trying to "fight" for btc. Do you really risk everything hoping bitcoin will eventually scale, or are you diversified ?

i never been interested in altcoins. last time i touched them was probably 2013.

my business, my hoards are in bitcoin. and when travelling i talk about bitcoin, not the crap coins.
though im highly invested in bitcoin. i can see rationally passed my own 'value' and see things from the prospective of third world countries and i do see and respect their objections they find when they try using bitcoin.

too many people compare bitcoin to the most expensive western service they can think of..
rather than the standard everyday things people use around the world.
EG do you think that developing countries pay $2 for every time money changes hands.. no
does it actually cost $2 for every time money changes hand in any country.. no
but stupid fools will still find the most expensive use-cases and try to say bitcoin is better than X
even while they ignore A-W which is cheaper/free



i also see the positioning of certain cartels and see where things could end up steering towards if things continue down blockstreams one way street
(litecoin seems to be the direction flow (coblee->coinbase)(DCG->coinbase)(merchant tools->coinbase->ltc) seems more obvious than others)

yea we have gmax with his monero adoration. but i dont see that being next in line.
yea we have many cartel with zcash adoration. but i dont see that being next in line.

worse comes to worse ltc replaces btc as the 'merchant' accpting currency which ends up changing the paradigm.
but i still feel we shouldnt just let blockstream and barry silbert(dgc) cartel lead bitcoin down the one way street they have been since 2014

and we shouldnt give in to people who want splits and altcoins
and we shouldnt give in to fools who just shout "just f**k off"
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