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1  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 10, 2016, 04:50:53 PM
On Sir Richard Branson's Necker Island, 'Bitcoin Illuminati' Reassess Blockchain Strategies<==Actual title Cheesy
http://www.forbes.com/sites/laurashin/2016/06/10/on-sir-richard-bransons-necker-island-bitcoin-illuminati-reassess-blockchain-strategies/#6ec76b5340a4
Edit: Sorry, thought it said "Neckbeard Island," i guess it's not that funny Sad
2  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 10, 2016, 03:28:34 PM
Roll Eyes

Yeah very deep thoughts. So to sum it up if you feel something is outside of your competence, don't do it. Being a surgeon, and building space rockets is outside of my and majorities competence. Eating soup, operating a vehicle, pumping my own gas, running a wallet software is not. Welcome to 20th century, times-a-changing. We'll try really hard to dull the edges and make it as idiot proof as possible so 90% of population can use it, but if you still fall in the 10% and are so incompetent that you're afraid of pocking yourself in the eye with a fork,  you probably shouldn't use forks and bitch about fork manufacturers

Explaining earthling life to aliens is hard. I'll try again:
1. Yes, being my own ass surgeon is "outside of [my] competence" & "[my] comfort zone," so if my sphincter ever needs surgeoning, I'm gonna go ahead and let a licensed ass doctor do it. I'm old fashioned that way.
2. I also leave banking and casting my engine parts to other people, even though both are are [arguably] within my competence. Gearing up to do this things requires far more time/equipment than I'm willing to invest.
3. Digging ditches, hauling garbage, and stroking my girthy D to satisfactory culmination, while something I'm perfectly capable of doing, I prefer to leave to others. Because that's what civilized people even social insects do -- rely on each other to get shit done.
4. Which is not to say that I don't do things which don't need to be done/could be done more efficiently by others. I play music, and I'm a shit player. I build pointlessly fast cars, and go where I don't need to go, via public roads, at unnecessarily high speeds. While pointlessly dicking around with my motor on a laptop.
But that's because *I LIKE* to do that. I don't pretend that it's smart.

I also don't corner strangers in stairwells & elevators to prosthelytize the wonders of being their own mechanic, or call them sheeple for letting corporate duchebags map their ECUs. I don't try to convince my mom that overpriced space frame abortions with engines that don't idle below 2k are the answer to mankind's gravest problems,or nag her about getting one. Because I'm like that.

@Globb0: Please don't mistake not doing *every* idiotic thing in the world, all at once, for "never go[ing] outside [my] comfort zone." I do stupid shit, but I refuse to eat shit on a bed of fresh razor blades. Or "invest" in beetcoin. Jeesh Roll Eyes
3  Bitcoin / Press / Re: [2016-06-09] Survey: UK Companies Buy Bitcoin to Pay off Ransomware ... on: June 10, 2016, 01:22:13 PM
And I thought the ransomware investor had released the key generator.
Ransomware investor?
4  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 10, 2016, 12:29:20 PM
Bitcoin Exchange Owner Extradited Following Cybercrime Indictment
Justice xD

"Two individuals tied to the now-defunct US bitcoin exchange Coin.mx have been extradited to the US from Israel, prosecutors announced today."


http://www.coindesk.com/bitcoin-exchange-coin-mx-owner-extradited-us-following-cybercrime-indictment/

@DaRude: Substitute "clean their own streets and serve their own food" for "being their own bank," and you got something. Because, while I am smart enough to clean my own street and serve my own food, I'd rather have someone else do it.
5  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 10, 2016, 12:42:42 AM
The price seems to be drooping again. Is it supposed to be doing that? Are we still OK?
*Ripple, "The DAO," and Doge are up tho. Because there is no god Sad
6  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 10, 2016, 12:27:25 AM
^^Nein!


*ok, so it's not strictly a fighter, and didn't see combat, but it's way cooler than the other ones that did.
7  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 10, 2016, 12:18:16 AM
Control over money is the greatest power right now on this Earth.

I do not need to be my own everything. If, i am my own bank, i can pay everyone else to do my shit, just as you said.
No, you can't. Because while you were dicking around with being your own bank, you weren't doing *your* job. You weren't *earning* money.

Quote
You can not think, that the power to transact with anyone anywhere, anytime, without zero chance to be blocked/resisted/censored by state brutes is not monetary freedom. Or to walk away with a million$ BTC in your head cross borders.
I grew up in Soviet Russia. Before you can move millions of BTC across borders, you have to *make* billions of BTC. And defend those millions of BTC from other savvy bitcoin entrepreneurs. Some of them are bigger than you, and not squeamish about bashing heads. And "across borders" is not Equestria, but bad motherfuckers who are more corrupt, and poorer, too. They'll take your head off.
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I can either do it myself - none can take my money -, or give this great power to psychopats.
You yourself seem to have your fair share of sociopathy. Not uncommon for paranoid schizophrenics to think everyone around them insane, u know Cheesy

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you will see why bitcoin is so game changing for freedom.
Like this, for instance, is a bit worrying.
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* Rothbard's genius essay
Call 911 and stay on the line until help arrives.
8  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 09, 2016, 11:53:55 PM
It is way overdue for "the peasants" to learn some self reliance, and actually study and understand the things they use every f**ing day...Right?

<geek mode> Most people don't know shit and are perfectly happy and productive. They have no idea how their cellphone works, and only a vague idea how a regular phone works. They have no understanding of what's involved in a POTS network, how cable is laid under the sea, how comsats work, how comsats get to where they are, or what keeps them there, etc., etc. They haven't a clue, but it's OK, because they function well *in society*, because they are passable at what they do at work. Because since roughly the dawn of man, no one person is good at everything. But together, we have this whole civilization Smiley</geek mode>

While i agree, that this was kinda-sorta working up until now - actually, it didn't, that is why we have billionaire banksters, corrupt governments, frauds on every level of the financial/industrial/political system -, this can not be a way of life anymore. Sob-sob, evolution bitchez!

Those who stick with their "one trick pony" skills, one company for life, are dead weight in the information age. I am talking about large scale, like small individual laziness add up and brings the system down - just look at political leaders, most of them are reaaaly stupid.

I know this massive shift won't happen, i agree on that with you. That is why we might be the new super wealthy elite, because at every technological leap made before, the masses only start using/hoarding/studying it when the "leader says so", or the cost of staying out is visibly enormous, and it is already too late for them in 10 years in the future to enjoy the early innovator phase's benefits (like buying bitcoin below 50,000$ Smiley.

It's not "kinda/sorta working," it's working *miraculously well*! The reason you see alternatives is because *you don't understand the mindboggling complexity, the insane level of interconnectedness and scope of ...stuff.* Look at some oldass tech, like Ford River Rouge Plant, 100 years ago, it's stupefying! And less than 20 years later, we had huge aluminum flying monstrosities with shit like this for motors:

And around the same time V2s and actual, fighting jets. Should I go on? Is this a "roll up your sleeves and be a lone wolf maverick" type of a deal?
9  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 09, 2016, 11:38:59 PM
I do not care to be my own proctologist

Neither feature require any user thought when implemented by default on the client as they ought be. The tech is there for wallet providers to make the experience fairly idiot-proof.

Au contraire mon Ami! Apparently Miss Bit Coin upthread wasn't smart enough, that;s why we're having this conversation. And transactions aren't just about sending someone your coin, they're about *getting something other than a gift-wrapped brick in return.*
That's where you need IRL banksters and their jackbooted thugs Sad
10  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 09, 2016, 11:34:05 PM
...
Freedom has a cost. That cost might be higher on the average by a day/day basis, up until that special morning moment when those choose not to be free and picked the lazy solution which costed them zero day/day so far suddenly realize, everything they had has been taken away/evaporated by those whom they relied on to "deal with them, cause i am lazy".

Think about it, slaves did not had to worry about how to get food, shelter, work. Did this comfort worth that occasional fine assr*pe/murder?

You are genuinely insane. Being your own bank is no more "freedom" than being your own psychiatrist. What's wrong with you? What freedom?
If everyone tried to be his own everything, the world would turn into a festering cesspool within weeks. Do you understand that societies above slime molds involve specialization? That there's one guy who makes bread, another who sings inspiring agitprop, & another who wears jackboots, so people next door won't shit all over us? And the people next door have their own jackbooted thugs?

What freedom are you money changer wannabees talking about?
11  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 09, 2016, 11:23:31 PM
It is way overdue for "the peasants" to learn some self reliance, and actually study and understand the things they use every f**ing day...Right?

<geek mode> Most people don't know shit and are perfectly happy and productive. They have no idea how their cellphone works, and only a vague idea how a regular phone works. They have no understanding of what's involved in a POTS network, how cable is laid under the sea, how comsats work, how comsats get to where they are, or what keeps them there, etc., etc. They haven't a clue, but it's OK, because they function well *in society*, because they are passable at what they do at work. Because since roughly the dawn of man, no one person is good at everything. But together, we have this whole civilization Smiley</geek mode>
12  Bitcoin / Bitcoin Discussion / Re: Can we still say that BTC transactions are faster? on: June 09, 2016, 11:08:50 PM
Vague, ambiguous words like "reasonable" have no place in a formal definition. Also: "its.

So you're saying that the only problem with that requirement is a typo in the word "its" and you would prefer a better word that "reasonable".  Got it.  At least we agree on that point.

No. I'm telling you that not only is your definition junk ("reasonable" is junk, for the same reason "correct answer" is not a correct answer to a math problem -- it's unenlightening, it carries no information, it tells your teacher nothing), but you also cant's write right.

>but if you do spend them (or receive a transaction that spent them) then you should expect a significantly increased chance that the transaction WON'T confirm in the next block

So, exactly like spending a check that Anon claims he sent you, then.
You can write checks (backed by zilch) before you receive Anon's check, but, if anyone tries to cash those bouncy checks you wrote, they'll bounce. But yeah, strictly speaking, you are free to spend Anon's check as soon as he tells you it's in the mail. Just like those unconfirmed tx Roll Eyes

>Techy?  Maybe Techie.
Nah, I'm good.
13  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 09, 2016, 10:46:00 PM
and when I pay for a beer, I don't want to worry about fat-fingering an extra digit or including unconfirmed inputs.
If you're an idiot you'd better let your government take care of you and your money.
You wanna be your own practologist, banker and brain surgeon, you go right ahead.
Something tells me you did try your hand at self-brainsurgeoning, and it worked out ...well, let's just say you tried Cheesy

Seriously tho, I don't want to be my own ditch digger, bankster or ass surgeon, for basically the same set of reasons: I'd rather pay someone else to do it, someone who's good at it.
It is like saying you'd rather pay someone to fuck your wife, someone who's good at it.
Seriously tho, you can't pay if you can't pay because you don't know how money is used.
Nah, I like fucking, so to have time for it & not have human females run away from me because covered in poo from my last attempt at being my own ass surgeon, I pay people to do the shit I don't like to do/ain't good at.
See?
It's as if I'm explaining basic earthling stuff to a martian, ffs Roll Eyes
Most people do. And that's the point. Most people also like to personally take care of their own money.
Saying that you don't have time to take care of your money because you're too busy working to make money is extreme stupidity.

I can only tell you that you're mistaken. I like having money, but I'm as tempted by the prospect of becoming my own bank as I am by digging through my bloody poo to lovingly suture my own rectum. Which is to say I can take it or leave it.
14  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 09, 2016, 10:24:05 PM
and when I pay for a beer, I don't want to worry about fat-fingering an extra digit or including unconfirmed inputs.
If you're an idiot you'd better let your government take care of you and your money.
You wanna be your own practologist, banker and brain surgeon, you go right ahead.
Something tells me you did try your hand at self-brainsurgeoning, and it worked out ...well, let's just say you tried Cheesy

Seriously tho, I don't want to be my own ditch digger, bankster or ass surgeon, for basically the same set of reasons: I'd rather pay someone else to do it, someone who's good at it.
It is like saying you'd rather pay someone to fuck your wife, someone who's good at it.
Seriously tho, you can't pay if you can't pay because you don't know how money is used.
Nah, I like fucking, so to have time for it & not have human females run away from me because covered in poo from my last attempt at being my own ass surgeon, I pay people to do the shit I don't like to do/ain't good at.
See?
It's as if I'm explaining basic earthling stuff to a martian, ffs Roll Eyes
15  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 09, 2016, 10:04:13 PM
and when I pay for a beer, I don't want to worry about fat-fingering an extra digit or including unconfirmed inputs.
If you're an idiot you'd better let your government take care of you and your money.
You wanna be your own practologist, banker and brain surgeon, you go right ahead.
Something tells me you did try your hand at self-brainsurgeoning, and it worked out ...well, let's just say you tried Cheesy

Seriously tho, I don't want to be my own ditch digger, bankster or ass surgeon, for basically the same set of reasons: I'd rather pay someone else to do it, someone who's good at it.

That's the way society works, beecoin: I need my horse shod, I don't become my own blacksmith, I go to the village blacksmith, who's a wiz at it, because gets lots of practice.
Smithy, tho, he sucks at electronics. So when he needs some weird gear built, he comes to me. And then there's a baker, who backes better bread than me, and an ass doctor, who ...does whatever it is he does, etc., etc. Society! Learn how it works.

Oh, BTW, banksters are not teh gubermint. You nutters like to bitched about that.
16  Bitcoin / Bitcoin Discussion / Re: Can we still say that BTC transactions are faster? on: June 09, 2016, 09:40:20 PM
Orly?

Yep.

Could you link me to the definition of "properly formed bitcoin transaction" you're using? Because it seems you're suggesting that "a properly formed bitcoin transaction" is a transaction that goes through, which isn't much of a definition, being both circular and unenlightening Sad

Nah.

When I say a "properly formed bitcoin transaction" I generally mean the following:

Transaction includes a reasonable fee for it's size
Vague, ambiguous words like "reasonable" have no place in a formal definition. Also: "its.
Quote
Transaction doesn't spend any unconfirmed outputs
But you told me that those could be spent?
Quote
Sequence numbers of all inputs equal to UINT_MAX
So opt-in RBF is out? Check.
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No competing transactions seen on the network spending any of the same inputs
How would my wife check for that?
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Transaction broadcast to multiple nodes
Ditto.

Tell you what. I googled "properly formed bitcoin transaction," netting me ...About 0 results (0.32 seconds). Safe to say not something in common usage, so:
1. Don't coin techy sounding scientistical jargon like "properly formed bitcoin transaction" without defining it first. It might impress some bimbo at your city college, but shit don't fly here.
2. Learn what a definition is.
17  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 09, 2016, 09:24:41 PM
the problem with beetcoin [sic] is [..] that you don't know if you have enough money with you to be able to get off the bus, because, unlike a bus, beetcoin [sic] doesn't ask for your fare to get on. It lets you on, but if you don't have enough change on you? Have fun riding the bus. For the rest of your life Smiley

Dynamic fees predict fare based on current demand. If demand increases in the interim from boarding to alighting, then RBF gives you the option to increase your fare. These mechanism mitigate the problem by and large.

Yeah, that dynamic thing did some bombass predicting for Miss Coin:

Roll Eyes
I like some things in life to be as simple and idiot-proof as possible, money is one of them.
I do not care to be my own proctologist, my own brain surgeon, or my own bank. I do not want to think about opting into RBF (I have no idea how to even do that, how should Miss Bit done it from her wallet? Link?) and adjusting fees for that pack of smokes I'm buying, and when I pay for a beer, I don't want to worry about fat-fingering an extra digit or including unconfirmed inputs.
18  Bitcoin / Bitcoin Discussion / Re: Canadian university buckles and pays $20k in bitcoin to hackers on: June 09, 2016, 08:28:24 PM
Best way is to backup using tapes, which few organizations do in the age of the cloud.

Is that still a thing? Why would a tape be better than ...oh, any other format?
19  Bitcoin / Bitcoin Discussion / Re: Can we still say that BTC transactions are faster? on: June 09, 2016, 07:31:42 PM
None of your responses seem to successfully dispute my list of differences between an uncleared check and an unconfirmed bitcoin transaction.

Your FUD doesn't impress me much.

Orly? I assumed you mean https://en.wikipedia.org/wiki/Well-formed_formula. But you didn't. Could you link me to the definition of "properly formed bitcoin transaction" you're using? Because it seems you're suggesting that "a properly formed bitcoin transaction" is a transaction that goes through, which isn't much of a definition, being both circular and unenlightening Sad

...also getting into some murky shit, since you're telling me that one of the most popular bitcoin wallets is creating ill-formed transactions, transactions which, being ill-formed, should never happen Huh

Imagine going to your ATM, slipping it your card, and, after keying in some numbers, seeing "Lulz, UR monyz GONE, ill-formed transaction xD looool!!" Not only did you not get any money from your ATM, but the money you expected to get is, basically, GONE. You might get it back some day, and then again, you might not.
This really is the currency of the future.

>Sure.  As of the time that I'm posting this, you can see a transaction spending unconfirmed bitcoins here:
https://blockchain.info/tx-index/153263713

What am I looking at? And why is it still unconfirmed, an hour later?
20  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 09, 2016, 06:04:07 PM
I feel like in the next few days we'll either have to continue going up or start to fall hard.
Let's hope for all us of that it continues going back up.
ETH will bounce around some more, but i wouldn't expect much more then +30% it feels toppy already.
Coin that went up 1,100% Shocked since Jan. 1
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BTC on the other hand has plenty of room to grow. +100-300% in the coming year for bitcoin, wouldn't surprise me.
Coin that went up less than 50% since Jan. 1
Roll Eyes
@gogodr: Worst pone ever.
    Huh

what?
Your waifu is shit.


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