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561  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 04, 2021, 05:26:53 PM
Hi guys
Can someone explain wtf is going on

I just try to understand signals and the charts:

We were above $59.000 resistance(break throug) but then dipped
Now we’re dipping more and more


Number go down. 'nuff said for traders
562  Bitcoin / Bitcoin Discussion / Re: Everything you wanted to know about Grayscale BTC Trust but were afraid to ask! on: May 01, 2021, 03:37:55 AM
In less than one month, total Bitcoin held is falling around 1000 BTC. It sounds as a big amount but for Grayscale the amount is only 0.15% of total Bitcoin they are holding.

Not a big deal. GrayScale in many months bought the amount of Bitcoin that is bigger than total Bitcoin was mined by miners each month.

Not a big deal. They will come back to buy all monthly mined Bitcoin.

HODL??

What happened to what is good for thee, is good for me?

Aren't we all told to HODL? Isn't the 1st commandment from 'lord NSA-Satoshi'?? It's on the tablet "Thou shall HODL"


Yet, here we have the first real BTC-ETF and you tell us they're selling? Selling BTC?? Unheard of

Sounds like BTC-ETF graybeard were the lucky pirates to sell out at the the ATH

How can they call themselves "BTC-ETF', if they don't 110% HODL forever?




Not a big deal. GrayScale in many months bought the amount of Bitcoin that is bigger than total Bitcoin was mined by miners each month.


Isn't this  the big argument on whales, that they can make these huge moves, so say you had a whale, with a months worth of all mined BTC on earth, and just easy-peasy dumped at on the market as it wished, wouldn't it create enormous volatility, what if the same whale bought futures? and/or calls & puts? What if your were an insider and knew ahead? What if you were a front-runner and knew the king-whales next move? Remember soon we will have USA BITCOIN ETF's and then things will get super engineered, to take USD from 'weak-hands'


Seems like bitcoin scammers have taken common robbery to even higher levels.

Not a big deal? Say what? To sell Bitcoin, is to Hate Bitcoin; To hate bitcoin is to hate God
This is 'HATE' so say the pump&pump bots here 24/7

All know that these ETF's have a time-loss value, so say HODL this crap and you can only lose money, but the entire point of these 'vehicles' is so you can 'trade' without using a exchange, and they automatically collect taxes for the GOV.

Ya'll lose money, but at least it doesn't get stolen as like on an exchange. Here at least you can file a complaint with the SEC, unlike the exchange, you can't call anybody, well except that exchange that doesn't answer the phone.

The irony is if this fund actually believed in BTC, they would HODL, the fact that they sell out to 'clear' their fee's shows they prefer FIAT over Bullshit Cryptos. That they only play the Crypto game to recycle fools money. Churn on Garth, and remember the house keeps all.

[moderator's note: consecutive posts merged]

The whole tirade seems to assume that someone is sold something. But like i said in my previous post the fund reduced because every day Grayscale take out their 2%yr fee 2%/yr*365 = 0.0055% daily. This happens and will continue to happen every sinle day, and CANNOT be otherwise. So until premium returns and they open the fund back up, the holdings will reduce by ~33/day or BTC1000/month. They're free to do whatever they want with those BTC just as you are, and in fact they could've holdled that BTC1k or paid it out to their employees as bonuses. Once you realize that it couldn't have been any other way and will continue to happen, the rest of the post seems silly.

As far as the robbery part, lots of new retail investors, entered the market and after watching few youtube videos decided that they are now elite traders. For some reason people with full time jobs in their fields decided that they can outsmart hedge funds with rooms full of quants with PhDs operating 24/7 HFT (high-frequency trading) and dedicated low latency lines to exchanges. The results shouldn't really surprise anyone, that's why the best advise you can tell average person is to HODL, when you HODL devs/miners and people running nodes guarantee that no one can rob you of your BTC (and no one ever has), if instead you want to try your luck as a trader, well then you're on your own
563  Bitcoin / Bitcoin Discussion / Re: Everything you wanted to know about Grayscale BTC Trust but were afraid to ask! on: May 01, 2021, 03:11:30 AM
In less than one month, total Bitcoin held is falling around 1000 BTC. It sounds as a big amount but for Grayscale the amount is only 0.15% of total Bitcoin they are holding.

Not a big deal. GrayScale in many months bought the amount of Bitcoin that is bigger than total Bitcoin was mined by miners each month.

Not a big deal. They will come back to buy all monthly mined Bitcoin.

The total held reduced by BTC1000 because that's how much Grayscale took in fees. Every day they take ~BTC33 from the fund for their fees /day ~BTC33* 30days/month = ~BTC1000/month.

I think you got the logic reverse, demand came from the secondary market, that drove premium between secondary and primary, with premium at 20%+ accredited investors gladly moved in to provide liquidity. Then demand on secondary cooled, but the issue is that supply is lagging by 6month. Demand dropped but supply continues at full speed for 6 month, they closed the fund in February, so there's still 4m supply left in the pipeline, after that there's 2month of guaranteed 0 supply.
564  Bitcoin / Bitcoin Discussion / Re: Donate to Cøbra (pending court battle against Craig Wright) on: May 01, 2021, 01:15:14 AM
Pretty noble endeavor but I don't think that Cøbra needs the help right now, plus we all have our own problems right now and I think that we can't afford putting other people's plight before ours. Nonetheless, Cøbra will win this because CSW is a fake ass and the only thing that keeps this fake afloat is the money that he gets from this lawsuits.


Instructions weren't clear, will donate now.
565  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 29, 2021, 02:51:12 AM

I'm sure you, from all of the people, know that there's no perfect solution, and everything comes with its own tradeoffs and caveats. A tax free heaven that looks perfect on paper, can be a real shithole due to a ton of other problems. Does it really matter if you don't have to pay any income taxes, but now you have to "grease the wheels" of everyone who has a bigger gun then you do? And are a bunch of people putting a claim on all of the resources of the country is not just another form of taxation?


I voluntarily pay my Bitcoin private fees to use their service.

I do not expect ETH users to pay Bitcoin fees to use their service.

It's....voluntary....aint that great?

I don't believe in panaceas, systems are so complex that if someone points at one gear and claims it to be the root of all evil, most likely is trying to sell you something.
You must realize that not everyone is going to sit around bonfire and sing Kumbaya without gov taxes? Sure you take a publicly available unbiased decentralized open algorithm as an example, but what about regional monopolies? Or you're saying that all i'd have to do is get bigger guns and buy up roads/properties surrounding your house and then i can charge you whatever extortion fees for use? Or get together with a couple of friends to box you in or buy up local ISP/water/power plant? Of course if you don't like that you always have an option to move to another place or build your own ISP/water/power plant or get bigger guns and wrestle it away from me. Monopolies and oligopolies would be rampant a lot of people would be trying to corner the market. I think claiming that there are no downsides to any changes and everyone only stands to benefit is naïve/misleading. Did you keep count how many bribes you had to pay during your endeavors, doubt those people accepting bribes decide to start a Mars program one day to help humanity.

Anyone who uses Bitcoin should understand consensus. If it is consensus to use systems such as decentralised justice systems then those will be used instead of involuntary extortion schemes.

I would hope that people that by now, with Bitcoin having proven that a voluntary system is possible, that people would accept that such a system can be used for more than just money right?

It's completely lazy thinking to rely on extortion to pay for things. It's time to re-think that little piece of our "civilised society". It is like defending slavery as people are just finally realising that hey, maybe this is the wrong way of getting our food...maybe we can do better.

You are defending extortion...just remember that.

Hope you're right, but the effectiveness of such ideas first need to be demonstrated and proven as working in real world on smaller countries/economies. Don't see it happening in US first, as in hey everyone lets just get rid of IRS and try out this idea which works on paper.
566  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 28, 2021, 10:09:12 PM

I'm sure you, from all of the people, know that there's no perfect solution, and everything comes with its own tradeoffs and caveats. A tax free heaven that looks perfect on paper, can be a real shithole due to a ton of other problems. Does it really matter if you don't have to pay any income taxes, but now you have to "grease the wheels" of everyone who has a bigger gun then you do? And are a bunch of people putting a claim on all of the resources of the country is not just another form of taxation?


I voluntarily pay my Bitcoin private fees to use their service.

I do not expect ETH users to pay Bitcoin fees to use their service.

It's....voluntary....aint that great?

I don't believe in panaceas, systems are so complex that if someone points at one gear and claims it to be the root of all evil, most likely is trying to sell you something.
You must realize that not everyone is going to sit around bonfire and sing Kumbaya without gov taxes? Sure you take a publicly available unbiased decentralized open algorithm as an example, but what about regional monopolies? Or you're saying that all i'd have to do is get bigger guns and buy up roads/properties surrounding your house and then i can charge you whatever extortion fees for use? Or get together with a couple of friends to box you in or buy up local ISP/water/power plant? Of course if you don't like that you always have an option to move to another place or build your own ISP/water/power plant or get bigger guns and wrestle it away from me. Monopolies and oligopolies would be rampant a lot of people would be trying to corner the market. I think claiming that there are no downsides to any changes and everyone only stands to benefit is naïve/misleading. Did you keep count how many bribes you had to pay during your endeavors, doubt those people accepting bribes decide to start a Mars program one day to help humanity.
567  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 28, 2021, 08:47:26 PM
...
Generated BIP39 Mnemonic 24 words.

I wish to store these words on a 2 of 3 paper backup and hide them.
It seemed a simple task.

So scouring through a book for these 24 words and assigning each a 5 digit code based on page number line number and position of word within the line. Then noting these down pencil on paper and hiding them would probably be meaningless to the finder.
I may just use the 24 words plus 1 method for extra security and commit this to pencil and paper in addition to being in my head.


Bro, dude, ... metal wallet. or engrave in stone. or something along those lines.

Take a look here: https://jlopp.github.io/metal-bitcoin-storage-reviews/

Or DIY it from some stainless steel flat plate. Stamp. Etch. Up to you. I'm going to try etching.



thanks for that, I did look into steel letter sets designed for the job.

Currently pencil on acid free paper. (Whereas in the past it would have been acid on blotting paper)

but not any good in a fire

I thought of etching copper with ferric chloride but steel has a 700F higher melting point and much harder and Ive got lots of scrap pieces lying around.
Maybe weld it face side inwards to shed doors to hide content.
project for a wet day.

To lose bitcoin when it was $300 would have caused sickness in pit of stomach.
But at current prices, the stuff of heart attacks.



There are many cool options

https://www.cryptocloaks.com/product/blockmitjig/


https://safu.ninja/safu2/

568  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 28, 2021, 08:30:28 PM
Taxes are kind of a price to pay to live in a civilized society.

If civilisation is built upon involuntary extortion...it's not really civilised is it?




List of countries without income tax:
Somalia
The Bahamas
Saint Kitts and Nevis  
Turks and Caicos  
Saint Barthélemy
Wallis and Futuna  
Vanuatu  
Bahrain  
The British Virgin Islands  
Cayman Islands  
Norfolk Island  
Pitcairn  
The United Arab Emirates  
Nauru  
Monaco  
The Maldives  
Oman  
Kuwait  
Qatar  
Bermuda  
Brunei  
Vatican City State
Western Sahara  

I'm sure you, from all of the people, know that there's no perfect solution, and everything comes with its own tradeoffs and caveats. A tax free heaven that looks perfect on paper, can be a real shithole due to a ton of other problems. Does it really matter if you don't have to pay any income taxes, but now you have to "grease the wheels" of everyone who has a bigger gun then you do? And are a bunch of people putting a claim on all of the resources of the country is not just another form of taxation?



569  Economy / Speculation / Re: [WO] Bigblocker stupidity on: April 28, 2021, 06:25:53 PM
a good chunk will use single Facebook/Venmo/Paypal/CashApp/Google/Amazon/regional tech giant channel

The Bitcoin dream. 👍 Truly putting control of their money into the hands of the people.

You can lead a horse to water, but you can't make it drink. Look around you, people are way too eager to sell their privacy for a tiny convenience, bitcoin is not capable of changing that mindset nor is it it's job. The last mile, so to speak, for majority would be mostly centralized, but not due to some restriction or government regulations, but simply due to human laziness. But that's fine, as long there's a free market and there are million of global "last mile providers" all competing unrestrictively that people can choose between, and there's always an option to be their own provider and run their own node should they choose to. That in itself would dramatically shift the banking system, PayPal node would not even consider restricting a single transaction if they knew all their users could easily switch to tencent/yandex/EU node instantaneously with just a simple click.    
570  Economy / Speculation / Re: [WO] Bigblocker stupidity on: April 28, 2021, 06:49:24 AM
Do you have a citation for that?

https://lightning.network/lightning-network-paper.pdf

Quote
If all transactions using Bitcoin were conducted inside a network of
micropayment channels, to enable 7 billion people to make two channels
per year with unlimited transactions inside the channel, it would require
133 MB blocks
(presuming 500 bytes per transaction and 52560 blocks per
year). Current generation desktop computers will be able to run a full node
with old blocks pruned out on 2TB of storage.
...

To me this sounds like we're already just 133x away or two orders of magnitude from covering whole world wide population. So at current stage should be enough capacity to meet current needs with LN. How do other blockchains (lol) compare in regards to being able to cover whole human population?

I'll just bold up a couple of parts of that myself. Again, take a gander at how LN works and see if you think only two channels will be sufficient unless massive centralization occurs.

I highlighted a part too. Once the routing issues are solved, channel re balancing improves, and there are millions of interconnected LN nodes globally, i'd say 6-8/lifetime for a typical user should suffice. Naturally lowest skilled population would probably centralize to their local village node anyway, then a good chunk will use single Facebook/Venmo/Paypal/CashApp/Google/Amazon/regional tech giant channel just because big techs are giving them free stickers/smileys for selling their privacy. Repressive nations will end up tying their CBDCs into LN but will prohibit their population from using LN directly, majority will probably oblige. The point is not to force everyone on earth to buy their coffee on blockchain, but to give them an option, an alternative to current system if they wish to use it. Those who wish can open their own channel to nodes in US, Europe, Russia, South America, China, Europe and Africa and they'd already be exponentially more diversified than currently with all transaction going through either the mastercard or visa networks
571  Economy / Speculation / Re: [WO] Bigblocker stupidity on: April 28, 2021, 06:03:49 AM
Do you have a citation for that?

https://lightning.network/lightning-network-paper.pdf

Quote
If all transactions using Bitcoin were conducted inside a network of
micropayment channels, to enable 7 billion people to make two channels
per year with unlimited transactions inside the channel, it would require
133 MB blocks
(presuming 500 bytes per transaction and 52560 blocks per
year). Current generation desktop computers will be able to run a full node
with old blocks pruned out on 2TB of storage.
...

To me this sounds like we're already just 133x away or two orders of magnitude from covering whole world wide population. So at current stage should be enough capacity to meet current needs with LN. How do other blockchains (lol) compare in regards to being able to cover whole human population, say 100 transaction/human/day?
572  Economy / Speculation / Re: [WO] Da rude stupidity on: April 28, 2021, 04:21:37 AM
That not everyone you talk to are noobs. There is no reason to explain drawbacks of bigblock debate (which i was a part of) when replying to my question about why CSO of blockstream posting pictures of napkins with blockstream represented by a damn.  

That's actually a picture from fairly early in the debate. I'd assume that Samsung is poking fun at the suggestion of dead bulls what with the recent price rises. Then again, Samsung hasn't always been the best communicator (no idea why Blockstream picked him as CSO) so who knows?

Ahh thank you, brief, to the point and without commies. Must've missed it back then. Would've saved me a day of headache a day ago
573  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 28, 2021, 03:41:26 AM

damn thought i was special there for a second, but he appears to be a habitual troll, oh well he got me
574  Economy / Speculation / Re: [WO] Da rude stupidity on: April 28, 2021, 03:36:18 AM
-Accuses me of not having balls to do something (lol we in 5th grade?)✔

Deflection.  I will ask outright:  In your prior reply to me, what did you mean by this?
Right, some of us are actually old enough to have lived through the bcash fork and have actually supported bitcoin financially and with UASF back in 2017, thus the reason we're here and not with bcash.

That not everyone you talk to are noobs. There is no reason to explain drawbacks of bigblock debate (which i was a part of) when replying to my question about why CSO of blockstream posting pictures of napkins with blockstream represented by a damn.  



As much as i enjoy the unexpected attention, but i got shit to do IRL.

So do I.  So why are you wasting my time?




We can play the "i say one word and you tie it to socialism" (Godwin's law for socialism) game later. Ta-ta

You argue like a Commie.  


no No NO!! Are you paying any attention to instructions at all!? I'm supposed to say a word first and only then you start yelling that the commies are coming! YOU NEED TO LEARN TO FOLLOW BASIC INSTRUCTIONS Angry

Instead of admitting that you had a ridiculous and disproportional reaction in attacking my post...you went full retard over my off-hand remark about socialists in an unrelated context....

Wait what? Thnx, i guess, but we're not a couple and i'm not into dudes. Got enough of this at home you know IRL

if one is able to ignore the cheap attempt at drawing parallels between bigblockers and socialists (lol seriously? way to undermine your valid points there), other than that, a solid write up ...

is now considered "attacking my post" and "went full retard? ok there snowflake, perhaps someone is being a bit too emotional today?


You keep on baiting and trying to steer this conversation into discussing forms of government when all i wanted to know was WHY CSO OF BLOCKSTREAM POSTING PICTURES OF NAPKINS WITH BLOCKSTREAM REPRESENTED BY A DAMN! Your posts are not productive or constructive in any manner, now you made me miss rolling and farmer, at least they'd say something interesting. I'm sure no one here wants to read how you think i hurt your feelings. This conversation is over.
575  Economy / Speculation / Re: [WO] Da rude stupidity on: April 27, 2021, 08:42:26 PM
<snip>

There is only one reasonable way to read it.  It is wrong, and whoever made it should feel bad.

Bigblockers suffer the same essential fallacy as UBI socialists:  They don’t understand markets.  Bitcoin network capacity is in extremely high demand—high enough that fees reach an equilibrium at the highest that the market will bear, and that in turn limits demand.

A modest linear bump in the blocksize (= supply) would be soaked up instantly, with fees and backlog settling back to where they are now as more people try to make more transactions that are currently not even attempted.  Meanwhile, that linear blocksize increase would non-linearly increase the resource demands on nodes.  (And a large increase of the blocksize, à la CSW rhetoric, would just wreck the network.)

Increasing base-layer capacity to, what, maybe 30–40 tps tops would be a sick joke at a cost that would surprise people.  It would not solve any problems, and it would create many.  We need technologies supporting tens of thousands of TPS or more; a doubling (or whatever) of the current blocksize is insufficient by orders of magnitude, too much and not enough all at once.

A blocksize increase would obviously increase miners’ BTC revenue per successful block:  Blocks would be just as full, and fees would be just as high, and there would be more transactions per block.  But on the other hand, it would also raise miner costs by increasing the orphan rate (and/or the cost of infrastructure to try to avoid this problem); and it would damage Bitcoin’s long-term value proposition, which is bad for miners who have long-term capital investments in Bitcoin.

Never forget that the blockchain with the Nakamoto Consensus is the world’s most inefficient database.  That is the cost of decentralization.  A trusted authority serving as the central arbiter of transaction order, à la Digicash, would be orders of magnitude more efficient and would have other advantages.  It obviously has some fatal disadvantages; observe that Digicash died over two decade ago.  The inefficient database is evidently a worthwhile cost to bear; evidence:  Bitcoin has value!  Just keep in mind that it is costly.  Freedom is not free.



Oh, “llama”?  I read it as “lamer”, but I am not sure.  Also, I do not care.  The rest of it is clear, and it is stupid.  Honey badger ain’t up a tree; and the bulls don’t look very dead from where I sit!



P.S., DaRude, could we please have some more peash and luff in WO?  If you criticize Marcus for posting meaty pictures, then his feelings may be hurt, and he may feel discouraged from the benevolent charitable giving of these virtual meals, and then I may literally starve to death.  Do you want for me to starve!?  You are just full of hate.  Sad

Right, some of us are actually old enough to have lived through the bcash fork and have actually supported bitcoin financially and with UASF back in 2017, thus the reason we're here and not with bcash. But, if one is able to ignore the cheap attempt at drawing parallels between bigblockers and socialists (lol seriously? way to undermine your valid points there), other than that, a solid write up about big blocks for noobs to read up on. Only my question was what's the reason the CSO of blockstream is tweeting this now? Or was it a joke that i missed?

As far as Marcus, if you actually read what i wrote you'd realize that i never criticized his childish way of supporting his argument against vegans by posting pictures of meat (if anything such trolling undermines his argument and just clutters the board but whateves). On that topic i just stated that it might not be healthy to have a borderline religious ceremony about the food that you're consuming, and that quoting any study that claims that's something is "entirely possible" is laughable and such BS should, and will be called out by the board. If because of that he gets butthurt enough and switches to ad hominem attacks that's his problem. Sorry to say but this board doesn't care about his hurt little feelings. State your solid arguments, honeybadger doesn't care about your crying just because someone pokes holes in your arguments.

  • Implication of unwarranted assumptions about me, as a sort of underhanded ad hominem attack that you evidently don’t have the balls to say outright.  ✔
  • Knee-jerk reaction to my use of the word “socialists”.  (I referred specifically to UBI, which in practice pretty much requires making money printer go brrr; and regardless of whence the money comes, the concept is to give everyone free money.  Pop quiz:  Due to the workings of markets, what would giving everyone free money do to prices?)  ✔
  • Tortuously pompous concluding paragraph which shows incisively that my sarcasm about Marcus’ hurt feelings just went over your head.  Whoosh.  ✔
  • All that, just to ignore the valid points I made except where you criticize me for making valid points in a way that is disagreeable to you.  ✔

Filed accordingly, >/dev/null.


Poor Marcus!  What will all this toxicity do to his self-esteem?  Could we please have a safe space here?  Sad



I post a simple one liner question "Why is Samson tweeting this now? Or am i reading it wrong"
-Replies and quotes my question ✔
-For some reason mentions UBI ✔
-Mentions socialists https://en.wikipedia.org/wiki/Association_fallacy✔
-Writes up a decent explanation of issues with bigblocks (wasn't asked, but still a nice change of pace) ✔
-Accuses me of not having balls to do something (lol we in 5th grade?)✔
-Question left unanswered ✔

As much as i enjoy the unexpected attention, but i got shit to do IRL. We can play the "i say one word and you tie it to socialism" (Godwin's law for socialism) game later. Ta-ta

&> /dev/null
576  Economy / Speculation / Re: [WO] Bigblocker stupidity on: April 27, 2021, 07:38:18 PM

Why is Samson tweeting this now? Or am i reading it wrong

There is only one reasonable way to read it.  It is wrong, and whoever made it should feel bad.

Bigblockers suffer the same essential fallacy as UBI socialists:  They don’t understand markets.  Bitcoin network capacity is in extremely high demand—high enough that fees reach an equilibrium at the highest that the market will bear, and that in turn limits demand.

A modest linear bump in the blocksize (= supply) would be soaked up instantly, with fees and backlog settling back to where they are now as more people try to make more transactions that are currently not even attempted.  Meanwhile, that linear blocksize increase would non-linearly increase the resource demands on nodes.  (And a large increase of the blocksize, à la CSW rhetoric, would just wreck the network.)

Increasing base-layer capacity to, what, maybe 30–40 tps tops would be a sick joke at a cost that would surprise people.  It would not solve any problems, and it would create many.  We need technologies supporting tens of thousands of TPS or more; a doubling (or whatever) of the current blocksize is insufficient by orders of magnitude, too much and not enough all at once.

A blocksize increase would obviously increase miners’ BTC revenue per successful block:  Blocks would be just as full, and fees would be just as high, and there would be more transactions per block.  But on the other hand, it would also raise miner costs by increasing the orphan rate (and/or the cost of infrastructure to try to avoid this problem); and it would damage Bitcoin’s long-term value proposition, which is bad for miners who have long-term capital investments in Bitcoin.

Never forget that the blockchain with the Nakamoto Consensus is the world’s most inefficient database.  That is the cost of decentralization.  A trusted authority serving as the central arbiter of transaction order, à la Digicash, would be orders of magnitude more efficient and would have other advantages.  It obviously has some fatal disadvantages; observe that Digicash died over two decade ago.  The inefficient database is evidently a worthwhile cost to bear; evidence:  Bitcoin has value!  Just keep in mind that it is costly.  Freedom is not free.



Oh, “llama”?  I read it as “lamer”, but I am not sure.  Also, I do not care.  The rest of it is clear, and it is stupid.  Honey badger ain’t up a tree; and the bulls don’t look very dead from where I sit!



P.S., DaRude, could we please have some more peash and luff in WO?  If you criticize Marcus for posting meaty pictures, then his feelings may be hurt, and he may feel discouraged from the benevolent charitable giving of these virtual meals, and then I may literally starve to death.  Do you want for me to starve!?  You are just full of hate.  Sad

Right, some of us are actually old enough to have lived through the bcash fork and have actually supported bitcoin financially and with UASF back in 2017, thus the reason we're here and not with bcash. But, if one is able to ignore the cheap attempt at drawing parallels between bigblockers and socialists (lol seriously? way to undermine your valid points there), other than that, a solid write up about big blocks for noobs to read up on. Only my question was what's the reason the CSO of blockstream is tweeting this now? Or was it a joke that i missed?

As far as Marcus, if you actually read what i wrote you'd realize that i never criticized the childish way of supporting arguments against vegans by posting pictures of meat (if anything such trolling undermines the argument and just clutters the board but whateves). On that topic i just stated that it might not be healthy to have a borderline religious ceremony about the food that you're consuming, and that quoting any study that claims that's something is "entirely possible" is laughable and such BS should, and will be called out by the board. If because of that he gets butthurt enough and switches to ad hominem attacks that's his problem. Sorry to say but this board doesn't care about his hurt little feelings. State your solid arguments, honeybadger doesn't care about your crying just because someone pokes holes in your arguments.
577  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 27, 2021, 04:30:07 AM

Why is Samson tweeting this now? Or am i reading it wrong
578  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 27, 2021, 04:14:46 AM


... indeed, case closed, you're socialist, entirely possible you are also retarded by insufficient brain nutrition.



Yeah i kind of figured reading comprehension might be an issue here.
I'm an omnivore that can enjoy a nice filet mignon, beef carppacio, and a steak tartare once in a while...

579  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 26, 2021, 08:17:00 PM
Another city boy who knows sweet FA about producing beef.

Not all of us city boys are clueless about our food.



The Angus steer on the right is Murray, being held by the lad who lovingly raised him like a pet, knowing full well that he was destined for slaughter. He was reserve grand champion at the prestigious Royal Winter Fair a few years back.

The guy with the glasses, second from right, is my local neighborhood butcher in downtown Toronto. He sources his meat from small, humane producers like the happy family in the rest of the picture. Happy meat is good meat. Of course it's free of artificial hormones and unnecessary antibiotics.

Murray was raised on forage and silage and finished with barley. Needless to say he was harvested humanely, locally.

I was lucky to get a couple of steaks from the front part of his rib section (with large spinalis dorsi muscles), plus a couple of flat irons (infraspinatus muscles). While we were enjoying him we had his picture up on the 55" display and toasted him, thanked him, and complimented him on his fine flavor and texture. He was delicious.
disgusting. you meat lovers are fucking psychos.


You do understand that without meat you wouldn't exist or if you would, you wouldn't be able to put together an intelligent line of words?

https://time.com/4252373/meat-eating-veganism-evolution/


Quote
As a new study in Nature makes clear, not only did processing and eating meat come naturally to humans, it’s entirely possible that without an early diet that included generous amounts of animal protein, we wouldn’t even have become human—at least not the modern, verbal, intelligent humans we are.

580  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 26, 2021, 08:00:10 PM
On another note...

Buy a little piece of BTC on coinbase..
“Welcome to the world of crypto!” It says..
Bitch.. I have BTC transactions on this CB account from 2014!!

Welcome to the world of crypto... Mmkay..

Yeah, I’ve had a coinbase account longer than I’ve had a bitcointalk account..

I’m migrating my play coins to CB pro.. Haven’t used it since it was GDAX around 2017 iirc..
Both still have all my trade/TX histories..

Why would you support those segwit denying, blockchain bloating, bcash supporting assholes, use Gemini if you're in US.



*Mandatory coinbase user reference
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