|
Today I strolled around the city centre, just for fun, for no specific reason. I really felt free. I realised that the most important thing in my life is not an expensive car, a big house, or an exotic vacation. It's freedom. Freedom from financial slavery. Freedom from the slavery I see everywhere around me. It's just amazing how a set of numbers inside a chip can completely change one's life for the better.
Thanks, Mr. Nakamoto.
PS: Yes! Another nice and round ATH @ Kraken!
6500 €
|
|
|
|
ATH @ Kraken!6400 €
|
|
|
|
I just finished reading the open letter, and, I must admit, it scared the hell out of me. I have already sold all my Bitcoin Cash. I really wish things will not turn out the way the letter describes! Wondering if we all should have kept our BCH...  Jimbo and jbreher may well turn out to be the smartest guys among us. Patience is key, indeed. I'm still keeping some just in case... I sold them all (at a good price, got myself some more BTC out of them). Now everything's in cold storage, I can't be bothered to buy or sell. Will just HoDL it out. BTW, looks like there's a mid-weekend Choo-Choo forming slowly...  |
|
|
|
I would even go so far to say that for some of the bad actors involved, it's not even about control. If they are secretly being state-sponsored, then it's about bringing down Bitcoin entirely. Or at least dividing it, diluting it, and undermining it so much that it gets completely marginalized in the public eye, forever seen as a chaotic niche geek thing and not seen as the serious financial game changer that it is.
It's almost like their game plan is "Well if we can't centralize control of Bitcoin, then we'll continue to try and undermine it."
I see your points. And we should say to them, "Bring it on. Come and get it." And they will fail. And this will be good for Bitcoin (the original and only one), for the reasons AlexGR outlined in his post. Bitcoin will come out stronger, having proven that it can resist re-definition. Actually, this whole BCH/BTG/SegWit2x mess may turn out to be a blessing for Bitcoin. A test if you will. And it shall pass it with flying colours. |
|
|
|
Network protocols are not a democracy. They need near universal agreement in order to work.
The reason is simple:
If for every contentious choice, there was a 52% group that said "yes I like that" and a 48% group that said "I don't like that", then you have two protocols. In the second contentious choice for each fork, of similar dynamics (52-48), you have four protocols. In the third, you have eight protocols - which all do not recognize each other. If there were, say, 8 DNS protocols, your router wouldn't even know where to begin with in order to convert a name to an IP address...
Bitcoin is trying to compete with assets like Gold. You can't "fork" Gold or redefine what Gold is and that has value. Bitcoin's resistance to re-definition, likewise has value. Some people are trying hard to damage this resistance in order to say "see? Bitcoin is crap, it can be forked, it can be inflated through forks, uncertainty can be introduced on what fork will be the "right" one, etc etc... gold doesn't have all this bullshit, I'll stick with gold / stocks / fiat".
This is why all the forkers are cancer. They are undermining bitcoin, or are actively trying to control it, under any narrative like "bigger blocks". Even when they had their "big blocks" with BCH and the 8mb fork, now they are trying to take BTC to 8mb as well with S2X. Why don't they simply stick to BCH? It's simple: Because it was never about big blocks, it was about CONTROL.
Very well said! |
|
|
|
@Elwar, yep, it is only this thread.
Theymos removed the signatures from displaying here as part of the "deal" to allow the thread to be excempt of on-topicness and other rules of bitcointalk. Wise move that seems to have mostly got rid of the plague of signature spammers and affiliate campaigners that are pretty much elsewhere all over this board.
Oh yeah, I just noticed it! GOOD!I absolutely hate ads (and signature campaigns)! |
|
|
|
Further, you realize that the 8MB 'limit' is merely a setting, right?
yeah, so y'all flip a bit and all of a sudden I'm building an addition on my house to house the 19" racks to store a 1GB block every 10 minutes...hell, that's only 52.56PB a year, what could possibly go wrong? That's 52.56 TB, not PB, and it's not that large, considering the advances in technology. Currently it's only six 10 TB HDDs. Soon it will be just a single (and relatively cheap) HDD. |
|
|
|
Here's a better version of the "Occupy the Moon" image, where the ( BTC) logo is spherically distorted, to match the surface of the Moon.  |
|
|
|
I like your VHS vs. Betamax example, but in our case I believe BTC (the original coin) is better than BCH for many reasons, so the analogy would be that Betamax had ended up being the dominant one, due to its quality as well as its widespread usage.
But since it didn't, I cant use that as an analogy. I can only use the user support as an analogy. You're right, of course, I just wanted to point out the difference. In fact, being the better coin, there's even more incentive for BTC to win over BCH. |
|
|
|
I just finished reading the open letter, and, I must admit, it scared the hell out of me. I have already sold all my Bitcoin Cash. I really wish things will not turn out the way the letter describes! Wondering if we all should have kept our BCH... Jimbo and jbreher may well turn out to be the smartest guys among us. Don't worry, it's not the miners that decide, it's the users. VHS was big because everybody used it, not because it was the best system, Betamax was a lot better, but it died all the same. EDIT: It's video tape systems, for all you young ones. I like your VHS vs. Betamax example, but in our case I believe BTC (the original coin) is better than BCH for many reasons, so the analogy would be that Betamax had ended up being the dominant one, due to its quality as well as its widespread usage. |
|
|
|
I think the Bitcoin Cash will continue to gain steam up until the fork, but what happens after the fork is anyone's guess. My guess is the Segwit1x fork will be crowned Bitcoin.
I really hope that's what happens in the end. |
|
|
|
I just finished reading the open letter, and, I must admit, it scared the hell out of me. I have already sold all my Bitcoin Cash. I really wish things will not turn out the way the letter describes! Wondering if we all should have kept our BCH... Jimbo and jbreher may well turn out to be the smartest guys among us. I already sold all my bcash @0.07ish and i'm still happy with it  The letter is a cool, well written piece of FUD. What scares you exactly? Do you agree that malleability is a "non problem", are lighting solutions are really "patented"? And i can't even understand (but may be my problem) why he says that zero-conf is bad and "robbing bitcoin. I know it's just a well-written piece of FUD, but if such FUD manages to mess things up for us, it would be good to have a "hedge" (a.k.a. BCH, especially since that "hedge" was given to us for free). I don't agree with the letter, not at all. I just feel worried about the whole situation we're going through. |
|
|
|
I just finished reading the open letter, and, I must admit, it scared the hell out of me. I have already sold all my Bitcoin Cash. I really wish things will not turn out the way the letter describes! Wondering if we all should have kept our BCH... Jimbo and jbreher may well turn out to be the smartest guys among us. |
|
|
|
Haha. You know how YouTube puts up ads before your content plays? I followed your link, and was met with an ad for Cascade Paper company. Shots of smiling factory workers working in friendly collaboration, running finely-maintained production machines, cranking out huge volumes of ... ... ... wait for it ... ... Toilet Paper!Oh shoot, I posted the wrong video...! Now my secret fetish has come out in the open. Fcuk! |
|
|
|
|
Price appears to be heading nicely and slowly, to a new ATH...
Friday may be kind to us.
|
|
|
|
|
Baaah! 6xxx € is too boring now. I need at least a 7 in front. I'm off to watch a movie.
|
|
|
|
|
Show Posts
