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881  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 08, 2016, 04:51:04 PM
...
Monero ... the esperanto of cryptocurrencies.
Cheesy
*Also in-game currency for My Pathological Delusions of Grandeur My Crypto Kingdom.

882  Bitcoin / Bitcoin Discussion / Re: Bitcoin Bank??? on: February 08, 2016, 04:48:27 PM
I think he's talking about bitcoin banks that generates interest. I don't think there are any legit ones out there at the moment.

Well, legit banks already exist, they're called PoS altcoins.

They're coins with interest payment built inside themselves. No need to trust a third party here!

There once was a real Bitcoin bank, with an IRL branch office and everything.
Remember this?
883  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 08, 2016, 04:40:25 PM
Classic is just Core with at 2mb block size limit and a governance coup that will alienate our best devs.

FTFY.

And don't forget 2mb blocks + segwit hurts decentralization (because of bandwidth/storage constraints).

Your post failed to mention segwit.  Why is that?
...

Nah, it doesn't hurt decentralization iCICLE, don't just parrot the shit said by grownups (whose boots you're forced to lick due to your string of "unfortunate" investments)
884  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 08, 2016, 04:29:14 PM
...
Result?  Honey Badger just don't care.   Cool

885  Other / Meta / Re: What Roger Ver thinks about Theymos? on: February 08, 2016, 03:54:00 PM
I don't get it.And why is it so important what Roger Ver thinks about a person? ...

What Ver thinks is unimportant. Theymos' censorship is. But if you're fine with that, disregard & move on. Didn't mean to wake you.
886  Bitcoin / Bitcoin Discussion / Re: You are now able to use your bitcoins to shop at Walmart, Chipotle, gas stations on: February 08, 2016, 03:46:48 PM
...
It is worth it for me to be able to have my foot out the door of the banking/fiat sector and the experience is valuable for showing me how it can be done instead of people theorizing about it.

If you're spending fiat, that means you're not buying bitcoins with that fiat. How is that any different from spending bitcoins instead of spending fiat?

But YOU ARE spending fiat, just doing it in the most inconvenient, convoluted way possible.

These gift cards website, for instance, pays the stores with fiat, not BTC. You're simply using an extra middleman.
Why not skip the middleman, and make your life a bit easier saner?

I get paid in bitcoins...so converting to fiat just to go to the store is an extra step. I couldn't care less what they do on their end. I don't care if someone from Europe comes and uses their credit card and the credit card company changes their euros to dollars to go to the store.

What matters is the currency I use, and how it can be used all over the world.

But how is converting small bits of BTC into store gift cards each time you shop easier/smarter than converting a chunk of your BTC into cash every month?
I mean, do you like to make your life as difficult and complicated as you possibly can? Do you have so much free time that you'd rather look for stores offering gift cards on your website than be free to shop anywhere you please?
Explain this shit.

The fact that you used the word Benie Babies (auto ignore for that) means you care not for any explanation I could give and I should not have really responded to you in the first place.


No, it's what's called reductio ad absurdum, forcing you to see the absurdity of your thesis by establishing that a structurally identical one is patently absurd.
Auto-ignore for not grasping that & getting all defensive and butthurt.

Quote
"If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry." -Satoshi Nakamoto

"You need a helmet, brah." --bargainbin
887  Bitcoin / Bitcoin Discussion / Re: You are now able to use your bitcoins to shop at Walmart, Chipotle, gas stations on: February 08, 2016, 03:37:19 PM
...
It is worth it for me to be able to have my foot out the door of the banking/fiat sector and the experience is valuable for showing me how it can be done instead of people theorizing about it.

If you're spending fiat, that means you're not buying bitcoins with that fiat. How is that any different from spending bitcoins instead of spending fiat?

But YOU ARE spending fiat, just doing it in the most inconvenient, convoluted way possible.

These gift cards website, for instance, pays the stores with fiat, not BTC. You're simply using an extra middleman.
Why not skip the middleman, and make your life a bit easier saner?

I get paid in bitcoins...so converting to fiat just to go to the store is an extra step. I couldn't care less what they do on their end. I don't care if someone from Europe comes and uses their credit card and the credit card company changes their euros to dollars to go to the store.

What matters is the currency I use, and how it can be used all over the world.

But how is converting small bits of BTC into store gift cards each time you shop easier/smarter than converting a chunk of your BTC into cash every month?
I mean, do you like to make your life as difficult and complicated as you possibly can? Do you have so much free time that you'd rather look for stores offering gift cards on your website than be free to shop anywhere you please?
Explain this shit.

BTW, can you buy gift cards in amounts like 2.99?
If not, what do you do with the 2.01 change? Catalog it?
888  Bitcoin / Bitcoin Discussion / Re: You are now able to use your bitcoins to shop at Walmart, Chipotle, gas stations on: February 08, 2016, 03:27:45 PM
...
It is worth it for me to be able to have my foot out the door of the banking/fiat sector and the experience is valuable for showing me how it can be done instead of people theorizing about it.

If you're spending fiat, that means you're not buying bitcoins with that fiat. How is that any different from spending bitcoins instead of spending fiat?

But YOU ARE spending fiat, just doing it in the most inconvenient, convoluted way possible.

These gift cards website, for instance, pays the stores with fiat, not BTC. You're simply using an extra middleman.
Why not skip the middleman, and make your life a bit easier saner?

I mean, do you follow the BTCeanies analogy?
I buy BTCeanies, sell them for fiat via BTCeanie trading website, and spend that fiat in a store. I call it "spending my BTCeanies."
You buy BTC, sell them for fiat via gift card trading website, and spend those gift cards in a store.
I win, because *every store takes the cash I get for my BTCeanies, and you have to look for a store that has gift cards for sale on your gift card website.
Am I getting through at all?
889  Bitcoin / Bitcoin Discussion / Re: You are now able to use your bitcoins to shop at Walmart, Chipotle, gas stations on: February 08, 2016, 03:07:46 PM
...
Not a bitcoin giftcard. If you are at one of these places and you have bitcoins you can go to the website https://www.cardcash.com and buy an e-gift card that shows up on your phone. You can then pay for your meal or whatever with your phone.
...

Let's say I'm shopping at Stop&Shop.
While standing in line, all i have to do is go to my BTCeanie BTCabies trading website, sell my BTCeanie for cash, and use that cash to pay for the groceries.
Hurrah! Don't even need to check if S&S gift cards are available @ my BTCeanie website, so simpler than BTC Smiley
I can now pay for all of my purchases with BTCeanies! Take that, h8rs!

Next step: World domination.
890  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 08, 2016, 02:50:13 PM
ps: why cant the 21m not be changed via a segwit like soft fork?

I thought technically it could? Can't any change theoretically be done via soft fork? ...

An infographic explaining the Bitcoin consensus mechanism, hope you find it helpful.

891  Bitcoin / Bitcoin Discussion / Re: Europe unfriendlyness is growing on: February 08, 2016, 01:59:42 PM
...
Well see, I understand that pulling out a wad of $500s might excite you, but such bills are of little interest to the 99.9 percent of us hoi polloi. And while I would enjoy seeing a $3 bill, and a $2.37 bill, I'm willing not to whine about the U.S. Treasury, The Bureau of Engraving and Printing, to be more precise, not printing up any for me to enjoy.

As far as $500, those would be far more useful to criminals and people who wish to compensate for ...certain lackings by pulling out gold money clips of large bills.
We don't wanna cater to those Undecided

Let's say you want to buy an ounce of gold, that would cost some $1270 at your local coin shop.  Two $500s and some more vs. 13 $100s.  Pay by credit card?  They won't take it (risk of chargebacks), and even if they did, that would be 3% MOAR you would have to pay.

Your coin shop doesn't trust you? And you honestly can't be bothered to carry 13 bills instead of 5?
How often do you do this, buy ounces of gold from your coin shop? like, once a day, or more often?
Can you write them a fucking check, or did you previously screw them?
You seriously can't carry an extra (what do 8 bills weigh, anyhow? less than an ounce?)? How will you carry that z of gold?!
You're not entitled to have whatever bills you feel. I want $3 bills, and yet I haven't even petitioned my government to print them. Can you imagine?
TL;DR: It's not all about you, Snowflake. Make do with hundreds, you'll live.


Of course I'll make do.  Always have.

Try paying with a check at your coin shop.  There are other legitimate businesses that take cash too.  If I ran a coin shop, or sold gold, or ran a pawn shop, I would not take credit cards or checks.

Smiley  

I'm not sure you have thought this through enough to understand that LARGE denomination bank notes mean a little more freedom.  

Keep thinking, Snowflake.

>There are other legitimate businesses that take cash too.
If by that you mean "take only cash," and we're talking about prices which will make $100 bills impractical due to bulk (so, like, >$10 grand), name one.
And no, reupping on product doesn't fall under "legitimate businesses."

So no, no $3 bills for me, no $1million bills for Trump & no $500 for you.
Life's hard, Honeybunch, lrn 2 make do.
892  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 08, 2016, 01:37:08 PM
...
Segwit and classic have practically similar 0-0.25MB difference capacity differences , with segwit allowing for better longterm scaling by fixing tx malleability(something that is required for payment channels to progress) .

Logically, supporting Classic doesn't make much sense.

TL;DR: Classic takes an existing kludge (1MB limit) and changes it to 2MB. No complexity added.
Core keeps the existing kludge (1MB limit), and *adds another, horrendously convoluted kludge, just to keep the *other* kludge*.
In technical circles, this sort of thing is called "fucking retarded," "a patch on a patch."
893  Bitcoin / Bitcoin Discussion / Re: Estranged Core Developer Gavin Andresen Finally Makes Sensible 2MB BIP Proposal! on: February 08, 2016, 01:23:54 PM
...
When the a Bitcoinocracy link appears they either ignore it or say that it's a bad way of measuring. Albeit it is one of the best ways of doing so and it is obvious that they aren't really some 'big holders'.

Bitcoinocracy link may be many things, but it's not a Bitcoin mechanism, not a part of the Bitcoin protocol, not one of Bitcoin's game mechanics for reaching consensus. Satoshi explicitly stated that CPU power is the only voting mechanism Bitcoin needs. My mom says we should lift max_block_size, but she's as relevant to Bitcoin as a pollster site.
Not even sure  why this needs to be said.
894  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 08, 2016, 01:09:51 PM
^^^Yes, but...
... It seems there is a big triangle closing on 14 feb. ...
Thou art wearied in the multitude of thy counsels. Let now the astrologers, the stargazers, the monthly prognosticators, stand up, and save thee from these things that shall come upon thee.
895  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 08, 2016, 01:02:26 PM
You know when an army is truly defeated? Not when its frontline Shtrafbats get slaughtered, that sort of thing's to be expected, plenty more grist where that came from; a battle is not the war.

But when the generals turn on each other and start slapfighting. With spittle, potty words and hair-pulling!
Ain't no recovering from that...


896  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 07, 2016, 04:49:52 PM
"Cite: http://bitcoinocracy.com/arguments/decided"
^As idiotic as letting some Vegas casino / bank branch decide the US monetary policy.
Bitcoin protocol has no voting mechanism for hodler of BTC, SFYL Sad
897  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 07, 2016, 04:43:04 PM
Heh, you cant hold the argument, so its dDos...

A successful ddos of Classic demonstrates the validity of arguments of the form "Core is antifragile and deserves to live; Classic is brittle and deserves to die."

Stop blaming the messenger just because you don't like the message.

You miss your 4chan LOIC days, don't you, icicle?
898  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 07, 2016, 04:36:12 PM
"The bitcoin community seems to have a chip on their shoulder," [chairman of the W3C Web Payments community group] Sporny says.

Way to slander our community, poisonous little bankster shill. Gentlemen, can we dox this guy? Angry
899  Bitcoin / Bitcoin Discussion / Re: Europe unfriendlyness is growing on: February 07, 2016, 03:19:30 PM
...
Well see, I understand that pulling out a wad of $500s might excite you, but such bills are of little interest to the 99.9 percent of us hoi polloi. And while I would enjoy seeing a $3 bill, and a $2.37 bill, I'm willing not to whine about the U.S. Treasury, The Bureau of Engraving and Printing, to be more precise, not printing up any for me to enjoy.

As far as $500, those would be far more useful to criminals and people who wish to compensate for ...certain lackings by pulling out gold money clips of large bills.
We don't wanna cater to those Undecided

Let's say you want to buy an ounce of gold, that would cost some $1270 at your local coin shop.  Two $500s and some more vs. 13 $100s.  Pay by credit card?  They won't take it (risk of chargebacks), and even if they did, that would be 3% MOAR you would have to pay.

Your coin shop doesn't trust you? And you honestly can't be bothered to carry 13 bills instead of 5?
How often do you do this, buy ounces of gold from your coin shop? like, once a day, or more often?
Can you write them a fucking check, or did you previously screw them?
You seriously can't carry an extra (what do 8 bills weigh, anyhow? less than an ounce?)? How will you carry that z of gold?!
You're not entitled to have whatever bills you feel. I want $3 bills, and yet I haven't even petitioned my government to print them. Can you imagine?
TL;DR: It's not all about you, Snowflake. Make do with hundreds, you'll live.
900  Bitcoin / Bitcoin Discussion / Re: Europe unfriendlyness is growing on: February 06, 2016, 06:53:38 PM
It's about convenience when having to deal with larger sums. Also if you want to stash some money for emergencies, you just hide your 500 euro bill and you're done. Or you can, of course, have a jar full of 1 euro coins. Also practical.

Why is it so many people here are concerned about stashing statist toilet paper scrip for emergencies? I'm from US, so no dog in this fight, but the last time I wished there were $500 bills was ...well, never.


I would be very happy to see a US $500 bill.  I like paying with cash on occasion, and a $500 would be of use to me.  Remember, they used to print $10,000 FRNs (1930s, IIRC), so a $500 is really nothing, especially at (dollar) deflated 2016 levels...

I do not see why .gov should prohibit anything that people find useful.  A €500 banknote is a great way for tourists in Europe to carry around a lot of "value" without having to use their credit cards (and there ARE credit card scammers in Europe, we got taken once in Naples, Italy).

And if Bitcoin were to get big in Europe, whoa.  Put me on the next flight!

Well see, I understand that pulling out a wad of $500s might excite you, but such bills are of little interest to the 99.9 percent of us hoi polloi. And while I would enjoy seeing a $3 bill, and a $2.37 bill, I'm willing not to whine about the U.S. Treasury, The Bureau of Engraving and Printing, to be more precise, not printing up any for me to enjoy.

As far as $500, those would be far more useful to criminals and people who wish to compensate for ...certain lackings by pulling out gold money clips of large bills.
We don't wanna cater to those Undecided
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