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1401  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 04:34:45 PM
here come the hackers:

http://www.coindesk.com/bny-mellon-wall-street-rewards-bitcoin/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+CoinDesk+%28CoinDesk+-+The+Voice+of+Digital+Currency%29

only then will they understand what truly powers a blockchain.
1402  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 04:28:19 PM
where is TPTB-dickhead anyways?  it's been 8h since his last post.  that must be a record.  we'll see if Ignore really works.

btw, i WANT him to spam this thread.  that way it'll drive up more views and keep pushing it to the top of the Spec Forum so as to attract new readers and existing users to read what the rest of us have to say.

c'mon laggard TPTB-pinhead.
1403  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 04:24:58 PM
the world's largest mine. here's growth for you:

1404  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 04:21:53 PM
like i said, trouble in the traditional mkts.  i should've moved the right red arrow downwards but why bother?  the $DJI is dropping:

1405  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 04:01:04 PM
the great thing about TPTB spamming this thread is he brings attention to our message.  there will always be ppl who listen and get roped in by his distractions but for those of us who want to go back to the days when we were able to engage in productive, informative, and theoretical discussion of Bitcoin, i would recommend you just ignore him.  it'll make your days much better as i am realizing.  wasting one's weekend beating down a troll isn't productive.
1406  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 03:54:34 PM
interesting quote from the Chinese mine:

"Their verdict was: "Absolutely nothing to see. The local Tibetans make sure everything is overpriced.""

point being, all the devs who look down on the masses as stupid & irrational as justification for authoritarian practices regarding decisions in Bitcoin are severely underestimating the power of money to motivate ppl to understand the economics of value transaction.  i see this everywhere in the Bitcoin community and it's an attitude that will cost those who employ that attitude in many ways more than just in their pocketbooks.

http://www.coindesk.com/my-life-inside-a-remote-chinese-bitcoin-mine/
1407  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 03:41:50 PM
on sockpuppets:

https://np.reddit.com/r/netsec/comments/38wl43/we_used_sock_puppets_in_rnetsec_last_year_and_are
1408  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 03:39:14 PM
what's striking to me using the ignore is just how many pages and pages of posts TPTB-dick has been spamming to derail substantive and meaningful discussion.  there is no doubt he has an alternative motive which is anti-Bitcoin.
1409  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 01:41:43 PM
I'd forgotten how clean and spacious the pages look after having ignored troll TPTB_NEED_WAR. now maybe I can get some real work done without listening to all his bullshit. Ignore works!
1410  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 08:31:21 AM

I also thought astrology was bullshit. But as hard as I tried, I was proven wrong in my experience (now that isn't a double-blind survey but relativity can't be i.e. your experience may be different).


I'm not surprised at all. People who are drawn to conspiracy theories tend to be suspicious about everything except the most obvious frauds.

You assume I made any global assumption. All I stated is that in my experience I have noticed that early period Cancers have a tendency to be more extrovert than those later. Ditto my observation about Cancers being so incredibly attuned to details about intentions.

I have tried (even again recently) to find a case where it isn't true. Try as I might, I always fail to. Until I find a case that disproves the theory, then I have to assume that in my experience it is true.

You are a simpleton thinker (so far).

Your conceptualization of chaos is so myopic.

I hope that people reading this thread do not skip this comment, so they can save time by skipping everything else you've written and everything else you will write from now on.

Fur the first  time in my history here I hit the ignore button before going to bed. I  think this is going to work  out.
1411  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 05:14:02 AM
TPTB dev goes down with a whimper and right on time, MOA dev shows up throwing hand grenades.

anyone see the pattern i've already pointed out?  but it's ok, there are plenty of excellent devs with the right vision.

Yes we see clearly the pattern of your delusion and disrespect for the programmers who make this entire technology happen.

I am ROTFLMAO that you think you have won any debate with me.

Btw, I think perhaps MOA was the guy who spanked me on some Bitcoin 101 issue when I first arrived in this forum in 2013. Smiley I've learned much since then.

the devs i respect are the one's who understand the implications of the position they assume such as core dev for a revolutionary new form of money that has a chance to become a reserve currency and a public good.  i respect those devs who then choose to be paid or funded by a foundation or a research center where they can't be accused of having a financial conflict except by the most extremists who will never be satisfied with anything and see evil everywhere they look.
1412  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 04:50:09 AM
every attribute you seem to have, he seems to have.  every attribute he seems to have, you seem to have.

His left eye was losing vision. My right eye is 90% blinded. Whoops.

This is really comical. Are you under stress because of the court case? You are acting strange.

I suggested you get on Skype so you can see me on web cam. But you refused.

pm'd

Next day. I will sleep.

i'm not interested in talking.  one quick glance to verify you're not Armstrong.

I don't have Skype installed at this location. I have to travel to other location.

I believe you are interested in constructing evidence to build some civil suit against me.

lol, see i knew it.  all blow and no go.

I want to talk with you. I want to see you on cam also. I want to try to explain to you why you need to stop your Dunning Kruger presumptions.

But you don't want to talk. You just want to capture my image from the web cam.

i won't capture anything.  i just want to see if you're Armstrong.  you're the one who offered.

An offering to communicate is a two-way street. It is not your right King Cypherdoc to determine that you only want to see me for a few seconds on cam and not talk to me. I want to probe your brain. I want to find out more about your personality. Etc..

I did not install Skype here on my development machine and location because Skype is arguably spyware. I only have one computer currently at this new location. I am building two more computers and my new 24" Acer monitors just arrived. Just haven't completed that task yet.

My livein 25 year old boobastic gf is pissed off that I was over at the other location the past two nights and I promised her not to go over there again until maybe tomorrow. Last night she was pissed off that I was still on the computer until 5am. So this has to stop!

Have you ever tried to keep up with a 25 year old woman at our age who wants sex 10 times per day?

You know why we programmers don't make 3000 BTC on defrauding our fellow community? Because we are enjoying too much the challenge of doing. And we see through such simpleton thought processes that you use to lure in naive investors to your trap. Thus we don't have the conscience to do what you do. I suppose your ignorance helps you manage your conscience.

you have no details of the case so don't jump to any conclusions.  but of course, that's not your objective is it?  to be fair.

I read the filing by the plaintiff. I observe your personality here in this forum. I am a very good judge of people. I am a late June Cancer. We see right through everything. And those Cancers on the leading edge of the start of the Cancer dates are also movers and shakers.

Just return the BTC as long as the manufacturer can commit to dispersing it to the victims you harmed with your endorsement. Do the right thing. Live to profit another day.

Perhaps you can't return it if you've squandered it.

File a counter affidavit for the public record to make your side of the case known.

By entering that endorsement game without anonymity, you implicitly subscribed to this trial.

Why did you risk a profitable medical practice and a timely investment in BTC by doing such risky endorsements? Why put yourself in such a predicament if you are as wealthy as you boastfully claim?

i did file a response and declaration.  you should read that too.
1413  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 04:39:54 AM
every attribute you seem to have, he seems to have.  every attribute he seems to have, you seem to have.

His left eye was losing vision. My right eye is 90% blinded. Whoops.

This is really comical. Are you under stress because of the court case? You are acting strange.

I suggested you get on Skype so you can see me on web cam. But you refused.

pm'd

Next day. I will sleep.

i'm not interested in talking.  one quick glance to verify you're not Armstrong.

I don't have Skype installed at this location. I have to travel to other location.

I believe you are interested in constructing evidence to build some civil suit against me.

lol, see i knew it.  all blow and no go.

I want to talk with you. I want to see you on cam also. I want to try to explain to you why you need to stop your Dunning Kruger presumptions.

But you don't want to talk. You just want to capture my image from the web cam.

i won't capture anything.  i just want to see if you're Armstrong.  you're the one who offered.

An offering to communicate is a two-way street. It is not your right King Cypherdoc to determine that you only want to see me for a few seconds on cam and not talk to me. I want to probe your brain. I want to find out more about your personality. Etc..

You know why we programmers don't make 3000 BTC on defrauding our fellow community? Because we are enjoying too much the challenge of doing. And we see through such simpleton thought processes that you use to lure in naive investors to your trap. Thus we don't have the conscience to do what you do. I suppose your ignorance helps you manage your conscience.

you have no details of the case so don't jump to any conclusions.  but of course, that's not your objective is it?  to be fair.

I read the filing by the plaintiff. I observe your personality here in this forum. I am a very good judge of people. I am a late June Cancer. We see right through everything. And those Cancers on the leading edge of the start of the Cancer dates are also movers and shakers.

only a nutjob would expect to be able to get away with saying things like that.
1414  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 04:33:04 AM
but i don't think you are a programmer.  i think you're Armstrong.

You are losing your sanity dude. It is really pitiful to watch you go on this delusional tirade. Me not a programmer, hahaha.

Btw, Armstrong is a very skilled programmer.

there you go again.

every attribute you seem to have, he seems to have.  every attribute he seems to have, you seem to have.

Martin Armstrong ' s  writing typically includes numerous spelling and grammatical errors that we don't see with Anonymint et AL.  MA'S speech and writing are patterned very much the same, while very unlike Anonymint's  consistent writing style.  I try not to stick my oar into this swirling pool of egos and  childish arguments but sometimes I guess I like to waste time too!

that's possible altho from what i recall those grammatical problems were confined to the time when he was in prison.  remember, he was beat up, probably malnourished, mentally ill, and who knows, maybe faking mistakes to make his condition appear worse for when he appealed. 

Come on cypherdoc do you realize how silly you sound?

The main reason that TPTB's writings often resemble MA's is that he quotes and slightly paraphrases MA a lot.


hmmm, when i paraphrase someone, especially if they have bad grammar, i try extra hard to make the paraphrase intelligible and clear.  i don't copy it.  Roll Eyes
1415  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 04:26:41 AM
every attribute you seem to have, he seems to have.  every attribute he seems to have, you seem to have.

His left eye was losing vision. My right eye is 90% blinded. Whoops.

This is really comical. Are you under stress because of the court case? You are acting strange.

I suggested you get on Skype so you can see me on web cam. But you refused.

pm'd

Next day. I will sleep.

i'm not interested in talking.  one quick glance to verify you're not Armstrong.

I don't have Skype installed at this location. I have to travel to other location.

I believe you are interested in constructing evidence to build some civil suit against me.

lol, see i knew it.  all blow and no go.

I want to talk with you. I want to see you on cam also. I want to try to explain to you why you need to stop your Dunning Kruger presumptions.

But you don't want to talk. You just want to capture my image from the web cam.

i won't capture anything.  i just want to see if you're Armstrong.  you're the one who offered.
Quote

You know why we programmers don't make 3000 BTC on defrauding our fellow community? Because we are enjoying too much the challenge of doing. And we see through such simpleton thought processes that you use to lure in naive investors to your trap. Thus we don't have the conscience to do what you do. I suppose your ignorance helps you manage your conscience.

you have no details of the case so don't jump to any conclusions.  but of course, that's not your objective is it?  to be fair.
Quote

Fuck man I told you 100 pages upthread that big blocks favor large centralized mining because of the equation that determines orphan rate says the orphan rate increases with the propagation delay. Then you retorted that IBLT resolves that, and I said yes but IBLT requires all miners to see all transactions and agree thus is centralization of the network bandwidth requirements.

can you even construct a proper sentence?  and i said most miners have most tx's in their mempool which is why Gavin thinks it is likely to work.  i'm sure there is some work to be done along with testing but the concepts are the same.
Quote

Then you go over to Reddit and reargue the same nonsense that I had already explained to you is illogical. Then you write here that programmers use too much logic and not enough double-blind surveys.

Fuck man get off our lawn already!

do you even have a clue?  the Chinese miners are claiming their bandwidth connections are crap and have given pretty poor connectivity rates.  the miner making the claim was BTCGuild the #3 largest miner in the world.  he was making the claim that all Chinese miners have the same problem.  that includes the #1 and #2 miners Discus Fish and Antpool, both Chinese.  therefore, all 3 of the largest miners in the world cannot conduct the large miner, large block against small miner attack the Blockstream devs have been FUD'ing.  get it or are you retarded?
1416  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 03:40:42 AM
notice how none of the Blockstream devs come in to the thread on Reddit, where we know they hang out, to challenge me on this.  i'm sure they were there b/c i got plenty of downvotes as a result of the post which you can see me laugh at in a follow up post underneath:

https://www.reddit.com/r/Bitcoin/comments/38os22/chinese_exchanges_reject_gavin_andresens_20_mb/crwqxai

That comment is at best unclear except for the content-free insults, and at worst incoherent and rambling in the frothy manner of a crank like Anonymint.


With its low tps and highly variant 10 minute average blocks, Bitcoin was clearly not designed for real-time point of sale.

If you want to fork Bitcoin into what gmax calls "yet another centralized payment rail" go right ahead.

But please don't try to gamble with everyone else's CoreCoins.  There is a good chance neither fork will survive MPEX's GavinCoin short.

those are big words, iCE.  i'm sure there is someone around who is bigger than him.

We've just this last week heard from several people who are bigger than MPEX, run the worlds largest mines/pools/exchanges in Asia, and do want GavinCoin implemented at this time nor in Gavin's sneaky, haughty, high-handed manner.

MPEX may have invented the GavinCoin Short, but it will be far from the only exchange using it to nuke the Gavinstas' trollfork from space.

the markets will go with the economic majority which is reflected in at least 3 polls of 75-95% Gavin support.  and from what i've read of the Chinese miners, they do agree with larger blocks, it's just a matter of degree.  i'm sure they will come along with whatever the economic majority decide.

and what do you care?  you're a Monero pimp.
1417  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 03:30:16 AM

The Genesis Block mentions bailouts for TBTF banks.  It does not mention Visa or Paypal.

"banks" were used as a broad term to encompass Visa/Paypal

Satoshi actually used the term "financial institution" in the white paper.  He focusses heavily on the transactional aspects of Bitcoin (e.g., the Visa/Paypal angle):

Quote from: Satoshi Nakamoto (Section 1, white paper)
Commerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments. While the system works well enough for most transactions, it still suffers from the inherent weaknesses of the trust based model. Completely non-reversible transactions are not really possible, since financial institutions cannot avoid mediating disputes. The cost of mediation increases transaction costs, limiting the minimum practical transaction size and cutting off the possibility for small casual transactions, and there is a broader cost in the loss of ability to make non-reversible payments for non-reversible services.

There's actually no mention of central banks in the white paper whatsoever (although he does use the term "central authority" twice).  The only mention of gold is in Section 6:

Quote from: Satoshi Nakamoto (Section 6, white paper)
The steady addition of a constant of amount of new coins is analogous to gold miners expending resources to add gold to circulation.


TL/DR: The white paper focusses more heavily on the transactional aspects of bitcoin than on its potential as a replacement for fiat currency/gold.  

Your dedication to the study of Lord Satoshi's Sacred Words is commendable.

Then hard money, anti-central authority (AKA BIS) aspects of Bitcoin follow a long tradition of bimetallism advocacy and hostility to fiat.

Central bank vs central authority in this context is a distinction without a difference.

I value Satoshi's apt 'gold coin' metaphor.  People traditionally use gold coins to store wealth and perhaps for major expenses.  Gold scales up nicely, from occasional retail use to constant commercial/institutional market churn and international settlement.

But we don't (even under a gold standard) directly use gold coins to buy coffee, pizza, and lottery tickets.  And neither should Bitcoin Core be expected to directly grace the palms of every neckbeard in every basement under every continent.  That was the right thing back in the early days.  Now it's time for Core to move from the suburban garage/basement to the financial district, where rent/sq/ft is much higher (IE not free thanks to mom).

Blockchain technology may someday leapfrog existing/centralized/specialized Visa-scale infrastructure, but it won't be anytime soon and it won't be accomplished by simply making the blocks bigger and bigger.

With its low tps and highly variant 10 minute average blocks, Bitcoin was clearly not designed for real-time point of sale.

If you want to fork Bitcoin into what gmax calls "yet another centralized payment rail" go right ahead.

But please don't try to gamble with everyone else's CoreCoins.  There is a good chance neither fork will survive MPEX's GavinCoin short.

those are big words, iCE.  i'm sure there is someone around who is bigger than him.
1418  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 03:25:38 AM
notice how none of the Blockstream devs come in to the thread on Reddit, where we know they hang out, to challenge me on this.  i'm sure they were there b/c i got plenty of downvotes as a result of the post which you can see me laugh at in a follow up post underneath:

https://www.reddit.com/r/Bitcoin/comments/38os22/chinese_exchanges_reject_gavin_andresens_20_mb/crwqxai
1419  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 03:03:59 AM
b/c i just debunked the main spam attack the Blockstream devs have been scaring everyone with:

Looks like Gavin's plan to get the miners to join his coup d'état is not going so great, lol

http://cointelegraph.com/news/114481/chinese-exchanges-reject-gavin-andresens-20-mb-block-size-increase

LOL, this quote just cut the legs out from Blockstream's main objection to raising the block limit; that being the large block attack  on small miners supposedly facilitated by "superior"  bandwidth connections. Well, the largest miners in the world are telling us they have "inferior"  connections! Lol! What a bunch of amateurs.

“A very large block size would be problematic for miners because the network bandwidth between China, where the majority of mining is done, and rest of the world is heavily restricted. Important proposals like these need to factor in all of the nuances of the global landscape.”

They'll just switch to saying "well-connected miners will torment not-well-connected miners."

so if better connections are no longer correlated with size, then the attack doesn't work b/c size was supposed to allow them to press their advantage in forming follow on blocks quickly before smaller miners could digest/process the large block attack.
1420  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 08, 2015, 02:58:06 AM
If Satoshi had seen 1MB blocks as being absolutely critical to achieving the goals of the project, similar to the fixed distribution in terms of importance, why not act or write in a way that emphasized that? In fact, he acted and wrote as though the blocksize would absolutely be variable over the time vs technological capability curve. 

That's right, but 20 MB is way beyond the technological curve right now and for the next few years at least. It is premature.

Why did satoshi put the 1 MB cap in there in the first place? It was an "anti-spam" function, but why was it important to protect against this sort of spam?

Because the technological curve wasn't up to the task of operating a decentralized consensus system with >1 MB blocks and allowing spam beyond that point would be to allow a successful attack against the system. If it wasn't up to the task of >1 MB a few years ago, what makes anyone think it is up to the task of 20 MB now? It wasn't and it isn't.



b/c i just debunked the main spam attack the Blockstream devs have been scaring everyone with:

Looks like Gavin's plan to get the miners to join his coup d'état is not going so great, lol

http://cointelegraph.com/news/114481/chinese-exchanges-reject-gavin-andresens-20-mb-block-size-increase

LOL, this quote just cut the legs out from Blockstream's main objection to raising the block limit; that being the large block attack  on small miners supposedly facilitated by "superior"  bandwidth connections. Well, the largest miners in the world are telling us they have "inferior"  connections! Lol! What a bunch of amateurs.

“A very large block size would be problematic for miners because the network bandwidth between China, where the majority of mining is done, and rest of the world is heavily restricted. Important proposals like these need to factor in all of the nuances of the global landscape.”

Again you are missing the point. It isn't who are the largest miners today with 1 MB blocks, it is who would be the largest or only miners and node operators with 20 MB blocks.


and you know what?  from the beginning, even before we found out about the large Chinese miners, i said this is a highly dubious attack that any such large miner should want to perform.  large blocks do not change the fact that miners will want first and foremost the block reward and should only continue to form the smallest, most efficiently propagating blocks they can so as not to be orphaned.  an attacker still risks losing their entire hardware investment by destroying the system in which they participate.  i've contended that the blonde in the Governing Dynamics video from John Nash is equivalent to either the the selfish or 51% miner attack.  they won't do it b/c all miners want to get laid.
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