deisik (OP)
Legendary
Offline
Activity: 3458
Merit: 1280
English ⬄ Russian Translation Services
|
|
July 07, 2016, 02:26:12 PM |
|
That would be a bolt out of the blue when at the very last moment all major mining pools exert their power over the network and push an update which would cancel halving...
Get ready for the unforeseen consequences
How about you put your money where your mouth is. Willing to bet that the halvening wont happen? Where can I short Bitcoin? Like everywhere? Up to 10x leverage. How about we do a bet. 5 btcs the halvening is going through. Forum escrow with multisig. I think you should learn what subjunctive mood actually means, together with that boy whose English you equaled with my logic (birds of a feather flock together, lol). Though I would still short Bitcoin, but there is no such place (as to my knowledge, at least)... I'm not even sure whether you fully understand what shorting means (in respect to trading)
|
|
|
|
criptix
Legendary
Offline
Activity: 2464
Merit: 1145
|
|
July 07, 2016, 02:35:50 PM |
|
That would be a bolt out of the blue when at the very last moment all major mining pools exert their power over the network and push an update which would cancel halving...
Get ready for the unforeseen consequences
How about you put your money where your mouth is. Willing to bet that the halvening wont happen? Where can I short Bitcoin? Like everywhere? Up to 10x leverage. How about we do a bet. 5 btcs the halvening is going through. Forum escrow with multisig. I think you should learn what subjunctive mood actually means (together with that boy whose English you equaled with my logic). Though I would still short Bitcoin, but there is no such place (as to my knowledge)... I'm not even sure whether you know what shorting means (in respect to trading) God... besides your logic it seems your brain is broken too. You are a clown that doesnt even know that the biggest BTC exchanges let you margin trade and then talking big. You were probaly just in the cinema watching "The Big Short" right? Please do something for humanities genepool and jump from a bridge. You are a terrible sucker deisik. In the case you somehow find your balls. I will give you the 5 btc bet with 1:2
|
|
|
|
criptix
Legendary
Offline
Activity: 2464
Merit: 1145
|
|
July 07, 2016, 02:44:07 PM |
|
I dont get it. Dont you feel embarassed by showing off so much stupidity? Is it really that much nessecary to earn 300$ per month with the most stupid forum spamming? Is there nothing like social securities/welfare in your homeland?
|
|
|
|
deisik (OP)
Legendary
Offline
Activity: 3458
Merit: 1280
English ⬄ Russian Translation Services
|
|
July 07, 2016, 02:50:43 PM |
|
Are you really so insecure that you constantly need to attack someone? Does it make you happy or what? In any case, you have chosen a wrong target, I don't care for your existence or presence (though I find it still rather amusing that you follow my posts, lol)...
But stay on topic, this is likely the single rule which I require you to follow
|
|
|
|
criptix
Legendary
Offline
Activity: 2464
Merit: 1145
|
|
July 07, 2016, 03:05:03 PM |
|
Are you really so insecure that you constantly need to attack someone? Does it make you happy or what? In any case, you have chosen a wrong target, I don't care for your existence or presence (though I find it still rather amusing that you follow my posts, lol)...
But stay on topic
Classic. The thing is: I am spot on. 100%. Your bullshit seems to attract sig spammers and idiots like shit does with flies I couldnt give less about what you think. It is really funny for me to show people how stupid you and your logic is - personal hobby you could say. Back to topic: Are you shorting now? Or rather did you just googled and found out what shorting means? Googled what the biggest BTC exhanges are called? And what about the 5 btc bet with the 1:2 quote in your favor? Found your balls?
|
|
|
|
deisik (OP)
Legendary
Offline
Activity: 3458
Merit: 1280
English ⬄ Russian Translation Services
|
|
July 07, 2016, 03:15:28 PM |
|
Are you shorting now? Or rather did you just googled and found out what shorting means? Googled what the biggest BTC exhanges are called?
And what about the 5 btc bet with the 1:2 quote in your favor? Just after you finally get to understand what I did actually mean. But I can help you a little, emphasis added (if you don't mind, lol): The Subjunctive Mood
A verb is in the subjunctive mood when it expresses a condition which is doubtful or not factual. It is most often found in a clause beginning with the word if. It is also found in clauses following a verb that expresses a doubt, a wish, regret, request, demand, or proposal http://englishplus.com/grammar/00000031.htmThe Subjunctive Mood
In English, the subjunctive mood is used to explore conditional or imaginary situations. It can be tricky to use, which partially explains why many speakers and writers forgo it. But it’s quite useful (and aesthetically pleasing, at least to us), and careful users of English should do their part to preserve it http://grammarist.com/grammar/subjunctive-mood/
|
|
|
|
criptix
Legendary
Offline
Activity: 2464
Merit: 1145
|
|
July 07, 2016, 03:20:31 PM |
|
That would be a bolt out of the blue when at the very last moment all major mining pools exert their power over the network and push an update which would cancel halving...
Get ready for the unforeseen consequences
How about you put your money where your mouth is. Willing to bet that the halvening wont happen? Where can I short Bitcoin? Are you shorting now? Or rather did you just googled and found out what shorting means? Googled what the biggest BTC exhanges are called?
And what about the 5 btc bet with the 1:2 quote in your favor? Just after you finally get to understand what I did actually mean. But I can help you a little, emphasis added (if you don't mind, lol): The Subjunctive Mood
A verb is in the subjunctive mood when it expresses a condition which is doubtful or not factual. It is most often found in a clause beginning with the word if. It is also found in clauses following a verb that expresses a doubt, a wish, regret, request, demand, or proposal http://englishplus.com/grammar/00000031.htmThe bet im offering is a better option then a 2x leverage short. Oh wait. Right you dont know shit about what you are talking. Lol
|
|
|
|
kik1977
|
|
July 07, 2016, 04:16:20 PM |
|
Definitely not. Halving is a scheduled event that will happen every 210k blocks. There is no way to stopping it unless a majority decides to a hard fork, which is not happening.
What makes you think that anyone would cancel BTC halving?
OMG, finally someone is writing something meaningful here.
|
We are like butterflies who flutter for a day and think it is forever
|
|
|
kik1977
|
|
July 07, 2016, 04:23:04 PM |
|
That would be a bolt out of the blue when at the very last moment all major mining pools exert their power and push an update which would cancel halving...
Fasten your belts and get ready for the unforeseen consequences
So you believe that, after having spent thousands of dollars (or, most likely, yuan) in mining equipment, they would all collude to enforce a change in the code that would result almost immediately in the departure from bitcoin of the majority of the people investing in it, pushing its value to almost zero, and throwing themselves in bankruptcy? C'mon..
|
We are like butterflies who flutter for a day and think it is forever
|
|
|
deisik (OP)
Legendary
Offline
Activity: 3458
Merit: 1280
English ⬄ Russian Translation Services
|
|
July 07, 2016, 05:01:35 PM Last edit: July 07, 2016, 06:23:40 PM by deisik |
|
That would be a bolt out of the blue when at the very last moment all major mining pools exert their power and push an update which would cancel halving...
Fasten your belts and get ready for the unforeseen consequences
So you believe that, after having spent thousands of dollars (or, most likely, yuan) in mining equipment, they would all collude to enforce a change in the code that would result almost immediately in the departure from bitcoin of the majority of the people investing in it, pushing its value to almost zero, and throwing themselves in bankruptcy? C'mon.. This is what is called "exploring conditional or imaginary situations". It is not a matter of whether I believe in that or not, absolutely. I'm just saying that a thing like that would be like "a bolt out of the blue (sky)", that is, something completely unexpected. Or, in other words, a total Black Swan event (in Nassim Taleb's terms). If you, nevertheless, still insist on a yes/no answer, then no, I don't believe that it will happen (this time, at least)... But this is not to say that I would be quite surprised if the cancellation (or an attempt thereat) does happen after all
|
|
|
|
|
extrabyte
Legendary
Offline
Activity: 840
Merit: 1000
|
|
July 07, 2016, 05:19:37 PM |
|
Why canceling the halving, i think it is programmed on that way that when the next 210,000 blocks are reached (on this halving it will happen on the 420,000th block), miners can not decide to approve or vote to cancel or not the halving. Let's see what will happen in less than 2 days.
|
|
|
|
kik1977
|
|
July 07, 2016, 06:09:43 PM |
|
That would be a bolt out of the blue when at the very last moment all major mining pools exert their power and push an update which would cancel halving...
Fasten your belts and get ready for the unforeseen consequences
So you believe that, after having spent thousands of dollars (or, most likely, yuan) in mining equipment, they would all collude to enforce a change in the code that would result almost immediately in the departure from bitcoin of the majority of the people investing in it, pushing its value to almost zero, and throwing themselves in bankruptcy? C'mon.. This is what is called "exploring conditional or imaginary situations". It is not a matter of whether I believe in that or not, absolutely. I'm just saying that a thing like that would be like "a bolt out of the blue (sky)", that is, something completely unexpected. Or, in other words, a total Black Swan event (in Nassim Taleb's terms). If you, nevertheless, still insist on a yes/no answer, then no, I don't believe that it will happen... But this is not to say that I would be quite surprised if the cancellation (or an attempt thereat) does happen after all Not only I would be extremely surprised, but I would immediately dump all my coins before Bitcoin is destroyed. But, it won't happen, so I will happily keep my bitcoins
|
We are like butterflies who flutter for a day and think it is forever
|
|
|
kik1977
|
|
July 07, 2016, 06:11:58 PM |
|
Why canceling the halving, i think it is programmed on that way that when the next 210,000 blocks are reached (on this halving it will happen on the 420,000th block), miners can not decide to approve or vote to cancel or not the halving. Let's see what will happen in less than 2 days.
Technically they can (if the majority wants to). On the other hand, they will never do something that would destroy their business. So, don't worry!
|
We are like butterflies who flutter for a day and think it is forever
|
|
|
deisik (OP)
Legendary
Offline
Activity: 3458
Merit: 1280
English ⬄ Russian Translation Services
|
|
July 07, 2016, 06:22:30 PM |
|
This is what is called "exploring conditional or imaginary situations". It is not a matter of whether I believe in that or not, absolutely. I'm just saying that a thing like that would be like "a bolt out of the blue (sky)", that is, something completely unexpected. Or, in other words, a total Black Swan event (in Nassim Taleb's terms). If you, nevertheless, still insist on a yes/no answer, then no, I don't believe that it will happen...
But this is not to say that I would be quite surprised if the cancellation (or an attempt thereat) does happen after all
Not only I would be extremely surprised, but I would immediately dump all my coins before Bitcoin is destroyed. But, it won't happen, so I will happily keep my bitcoins Earlier, in the thread, I have given the reasons why I think the cancellation of halving is a must-do thing (that is, the cap on the number of coins mined should be removed). In fact, Dogecoin had also been initially capped at some limit (100B coins if I'm not mistaken), but later they wisely removed the cap, and now it has a constant monetary inflation rate in terms of new coins, and, consequently, a constantly diminishing monetary inflation rate in relative terms... If they don't do something like that with Bitcoin, it will implode sooner or later
|
|
|
|
extrabyte
Legendary
Offline
Activity: 840
Merit: 1000
|
|
July 07, 2016, 06:24:14 PM |
|
Why canceling the halving, i think it is programmed on that way that when the next 210,000 blocks are reached (on this halving it will happen on the 420,000th block), miners can not decide to approve or vote to cancel or not the halving. Let's see what will happen in less than 2 days.
Technically they can (if the majority wants to). On the other hand, they will never do something that would destroy their business. So, don't worry! I'm sure that at least the canceling of halving is not going to happen in the next two days, but if they have the power it does not mean that they should cancel this. But if they cancel what will happen next? Will the next halving be 12.5 or less than that!! I understand the miners, they would be happy if this will happen!
|
|
|
|
socks435
Legendary
Offline
Activity: 2016
Merit: 1030
Privacy is always important
|
|
July 07, 2016, 06:33:37 PM |
|
Why canceling the halving, i think it is programmed on that way that when the next 210,000 blocks are reached (on this halving it will happen on the 420,000th block), miners can not decide to approve or vote to cancel or not the halving. Let's see what will happen in less than 2 days.
Technically they can (if the majority wants to). On the other hand, they will never do something that would destroy their business. So, don't worry! I'm sure that at least the canceling of halving is not going to happen in the next two days, but if they have the power it does not mean that they should cancel this. But if they cancel what will happen next? Will the next halving be 12.5 or less than that!! I understand the miners, they would be happy if this will happen! Yeah its very impossible right now if they can cancel halving but they set already a date for bitcoin block halving. and if they can change to cancel it can effect the price of bitcoin..
|
Solving blocks can't be solved without my rigs.
|
|
|
kik1977
|
|
July 07, 2016, 09:37:50 PM |
|
This is what is called "exploring conditional or imaginary situations". It is not a matter of whether I believe in that or not, absolutely. I'm just saying that a thing like that would be like "a bolt out of the blue (sky)", that is, something completely unexpected. Or, in other words, a total Black Swan event (in Nassim Taleb's terms). If you, nevertheless, still insist on a yes/no answer, then no, I don't believe that it will happen...
But this is not to say that I would be quite surprised if the cancellation (or an attempt thereat) does happen after all
Not only I would be extremely surprised, but I would immediately dump all my coins before Bitcoin is destroyed. But, it won't happen, so I will happily keep my bitcoins Earlier, in the thread, I have given the reasons why I think the cancellation of halving is a must-do thing (that is, the cap on the number of coins mined should be removed). In fact, Dogecoin had also been initially capped at some limit (100B coins if I'm not mistaken), but later they wisely removed the cap, and now it has a constant monetary inflation rate in terms of new coins, and, consequently, a constantly diminishing monetary inflation rate in relative terms... If they don't do something like that with Bitcoin, it will implode sooner or later Have you ever read Satoshi's white paper? You can find it here: https://bitcoin.org/bitcoin.pdfHe says: Once a predetermined number of coins have entered circulation, the incentive can transition entirely to transaction fees and be completely inflation freeOne of the main characteristics of bitcoin, together with being a trust-less system, is that it relies on a pre-determined finite amount of units that will enter the system in a predictable way that cannot be altered by anyone. If you don't like it, and prefer dogecoin or similar ... what exactly is holding you here?
|
We are like butterflies who flutter for a day and think it is forever
|
|
|
deisik (OP)
Legendary
Offline
Activity: 3458
Merit: 1280
English ⬄ Russian Translation Services
|
|
July 07, 2016, 09:53:22 PM Last edit: July 08, 2016, 06:33:59 AM by deisik |
|
This is what is called "exploring conditional or imaginary situations". It is not a matter of whether I believe in that or not, absolutely. I'm just saying that a thing like that would be like "a bolt out of the blue (sky)", that is, something completely unexpected. Or, in other words, a total Black Swan event (in Nassim Taleb's terms). If you, nevertheless, still insist on a yes/no answer, then no, I don't believe that it will happen...
But this is not to say that I would be quite surprised if the cancellation (or an attempt thereat) does happen after all
Not only I would be extremely surprised, but I would immediately dump all my coins before Bitcoin is destroyed. But, it won't happen, so I will happily keep my bitcoins Earlier, in the thread, I have given the reasons why I think the cancellation of halving is a must-do thing (that is, the cap on the number of coins mined should be removed). In fact, Dogecoin had also been initially capped at some limit (100B coins if I'm not mistaken), but later they wisely removed the cap, and now it has a constant monetary inflation rate in terms of new coins, and, consequently, a constantly diminishing monetary inflation rate in relative terms... If they don't do something like that with Bitcoin, it will implode sooner or later Have you ever read Satoshi's white paper? You can find it here: https://bitcoin.org/bitcoin.pdfHe says: Once a predetermined number of coins have entered circulation, the incentive can transition entirely to transaction fees and be completely inflation freeI don't quite understand what this quote refers too. Bitcoin will implode just like all financial pyramids do in due course, not because there will be no more coins to mine and miners would power off... If that was your point, of course
|
|
|
|
freedomgo
Legendary
Offline
Activity: 3136
Merit: 1148
|
|
July 08, 2016, 02:29:31 AM |
|
This is what is called "exploring conditional or imaginary situations". It is not a matter of whether I believe in that or not, absolutely. I'm just saying that a thing like that would be like "a bolt out of the blue (sky)", that is, something completely unexpected. Or, in other words, a total Black Swan event (in Nassim Taleb's terms). If you, nevertheless, still insist on a yes/no answer, then no, I don't believe that it will happen...
But this is not to say that I would be quite surprised if the cancellation (or an attempt thereat) does happen after all
Not only I would be extremely surprised, but I would immediately dump all my coins before Bitcoin is destroyed. But, it won't happen, so I will happily keep my bitcoins Earlier, in the thread, I have given the reasons why I think the cancellation of halving is a must-do thing (that is, the cap on the number of coins mined should be removed). In fact, Dogecoin had also been initially capped at some limit (100B coins if I'm not mistaken), but later they wisely removed the cap, and now it has a constant monetary inflation rate in terms of new coins, and, consequently, a constantly diminishing monetary inflation rate in relative terms... If they don't do something like that with Bitcoin, it will implode sooner or later Have you ever read Satoshi's white paper? You can find it here: https://bitcoin.org/bitcoin.pdfHe says: Once a predetermined number of coins have entered circulation, the incentive can transition entirely to transaction fees and be completely inflation freeI don't quite understand what this quote refers too. Bitcoin will implode just like all financial pyramids do in due course, not because there will be no more coins mined and miners would power off... If that was your point, of course Being inflation free is the best benefit we can have with bitcoins, apparently we are all investors here and why we patronize bitcoins because we expect that it could give us a good benefits and maybe make a fortune out of it.
|
|
|
|
|