Karartma1
Legendary
Offline
Activity: 2310
Merit: 1422
|
|
October 16, 2017, 06:21:04 PM |
|
How come we go from the Wall Observer to the Bitcoin Observer? I don't remember who said that the biggest threat to bitcoin is posed by the fact that many real devs are public figures. I think that's a major drawback. I am so much glad that Satoshi still keeps his/her/their identity hidden. Creating the most important threat to the financial 1% is not a prank.
|
|
|
|
Torque
Legendary
Offline
Activity: 3696
Merit: 5276
|
|
October 16, 2017, 06:25:17 PM |
|
I don't remember who said that the biggest threat to bitcoin is posed by the fact that many real devs are public figures. I think that's a major drawback. I am so much glad that Satoshi still keeps his/her/their identity hidden. Creating the most important threat to the financial 1% is not a prank.
It's only a problem for a crypto who dev team has an official "head" dev like Ethereum does. Or like BCH, lol. Bitcoin has 100+ voluntary developers. Many will come and go. Also keep in mind, Linus Torvalds is still kicking and he's had enemies within the state for decades.
|
|
|
|
BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1116
|
|
October 16, 2017, 06:28:00 PM |
|
I don't remember who said that the biggest threat to bitcoin is posed by the fact that many real devs are public figures. I think that's a major drawback. I am so much glad that Satoshi still keeps his/her/their identity hidden. Creating the most important threat to the financial 1% is not a prank.
It's only a problem for a crypto who dev team has an official "head" dev like Ethereum does. Or like BCH, lol. Bitcoin has 100+ voluntary developers. I'm surprised some Russian gangsters haven't ordered a contract on Vitalik to coincide with an epic margin short. It's a sure thing. *That was probably my most morbid speculation ever.
|
|
|
|
gembitz
|
|
October 16, 2017, 06:41:20 PM |
|
I don't remember who said that the biggest threat to bitcoin is posed by the fact that many real devs are public figures. I think that's a major drawback. I am so much glad that Satoshi still keeps his/her/their identity hidden. Creating the most important threat to the financial 1% is not a prank.
It's only a problem for a crypto who dev team has an official "head" dev like Ethereum does. Or like BCH, lol. Bitcoin has 100+ voluntary developers. I'm surprised some Russian gangsters haven't ordered a contract on Vitalik to coincide with an epic margin short. It's a sure thing. *That was probably my most morbid speculation ever. Russians only care about bitcoin lol weeee
|
|
|
|
barota
|
|
October 16, 2017, 06:41:29 PM |
|
https://www.bitfinex.com/posts/227October 16, 2017 This message is further to our announcement of August 11, 2017, with respect to terminating our business with U.S. individual customers. As indicated in the announcement, we are terminating trading, deposits, and withdrawal functionality for U.S. individual customers by no later than November 9, 2017. U.S. customers are already barred from receiving financing from other users on Bitfinex’s peer-to-peer financing platform. This restriction will remain and, in addition, U.S. individual customers will no longer be able to provide financing on Bitfinex effective November 9, 2017. All U.S. individual users must make arrangements to withdraw their Digital Tokens by November 9th. U.S. individuals holding Recovery Right Tokens (RRTs), if any, which relate to the exchange of now-defunct BFX tokens to equity in iFinex Inc., may, starting on October 27, 2017, sell all of their RRTs on the exchange, if they so elect. This is an exception to the general terms of use for RRTs. U.S. individuals are not permitted to buy RRTs during this time period. All terms and conditions relating to the sale of any RRTs remain in full force and effect and are deemed to apply to the sale of any RRTs by U.S. individuals or otherwise. Any RRTs remaining in the hands of U.S. individual verified customers after the November 9th deadline may be sold through Bitfinex on an OTC basis through special arrangement with us.
|
|
|
|
gembitz
|
|
October 16, 2017, 06:44:05 PM |
|
How come we go from the Wall Observer to the Bitcoin Observer? >..> I am so much glad that Satoshi still keeps his/her/their identity hidden. <.<
#choo choo
|
|
|
|
Meuh6879
Legendary
Offline
Activity: 1512
Merit: 1012
|
|
October 16, 2017, 07:29:32 PM |
|
This is not a bubble. This is not a project. This is People. This is P2P Networks POWWWAAAAAAAAAAAA !
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 3850
Merit: 10872
Self-Custody is a right. Say no to"Non-custodial"
|
|
October 16, 2017, 07:31:40 PM |
|
there's lots of impressive words and even more impressive supposition. who is anyone to know who 'whales' are and what their intentions are? and what's with the ongoing fear and deification of this popescu guy? as far as i can tell he's an unpleasant writer who owns a few thousand coins. things have moved on. the people who might have had majority influence once upon a time are now sidelined and yesterday's men. I don't understand how anyone with a significant quantity of coins - 1,000 or more would have less influence in the BTC community with the recent passage of time (past two years and more than 20x price appreciation). Surely, the community has grown and the adoption has grown, but anyone who has been able to hang onto a vast majority of his coins (in the 1,000 coin plus range) during this most recent price appreciation is going to continue to have monetary influence - even if they might not have "one post, one voice influence."
|
|
|
|
BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1116
|
|
October 16, 2017, 07:38:17 PM |
|
This is proactive. Once it becomes safe and reliable to transact, Samourai Wallet will detect any balance of S2X and present an option to automatically convert the entire S2X balance to BTC. The S2X will be sold at market price and BTC will appear directly in Samourai Wallet. Anybody use this wallet?
|
|
|
|
gentlemand
Legendary
Offline
Activity: 2590
Merit: 3014
Welt Am Draht
|
|
October 16, 2017, 07:40:42 PM |
|
This is proactive. Once it becomes safe and reliable to transact, Samourai Wallet will detect any balance of S2X and present an option to automatically convert the entire S2X balance to BTC. The S2X will be sold at market price and BTC will appear directly in Samourai Wallet. Anybody use this wallet? No. As far as I can tell they're still pure Beta. They love taking very dramatic positions. I'd prefer it if they concentrated on becoming non Beta.
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 3850
Merit: 10872
Self-Custody is a right. Say no to"Non-custodial"
|
|
October 16, 2017, 07:46:32 PM |
|
I don't remember who said that the biggest threat to bitcoin is posed by the fact that many real devs are public figures. I think that's a major drawback. I am so much glad that Satoshi still keeps his/her/their identity hidden. Creating the most important threat to the financial 1% is not a prank.
It's only a problem for a crypto who dev team has an official "head" dev like Ethereum does. Or like BCH, lol. Bitcoin has 100+ voluntary developers. Many will come and go. Also keep in mind, Linus Torvalds is still kicking and he's had enemies within the state for decades. Remember that initially satoshi was the only one with "commit" status, and then moved to Gavin, and then became 5 devs with commit status. Maybe would be more secure (in the decentralized sense) to have 10 or 20 devs with commit status, or not? I understand that a problem with giving out too much "commit" status would be if the dev went rogue (maybe is part of the rational for Gavin's commit status to have been removed?) Is 5 a good number?
|
|
|
|
becoin
Legendary
Offline
Activity: 3431
Merit: 1233
|
|
October 16, 2017, 07:49:03 PM |
|
This is proactive. Once it becomes safe and reliable to transact, Samourai Wallet will detect any balance of S2X and present an option to automatically convert the entire S2X balance to BTC. The S2X will be sold at market price and BTC will appear directly in Samourai Wallet. Anybody use this wallet? No. As far as I can tell they're still pure Beta. They love taking very dramatic positions. I'd prefer it if they concentrated on becoming non Beta. LOL. Gmail is still beta. Anybody not using it for that reason?
|
|
|
|
realr0ach
Sr. Member
Offline
Activity: 924
Merit: 311
#TheGoyimKnow
|
|
October 16, 2017, 07:52:11 PM |
|
I hope the CoreCoin drop will be worth something. A slightly inferior coin with 1 miner controlling 80% of the hashing power doesn't sound too tasty.
Don't you have some altcrash forum to troll in? He's technically correct in a sense. The end game of bitcoin was ALWAYS going to be nothing more than one giant, continuous, rough consensus attack and then the state eventually steps in and declares that you're required to use some specific chain they hand tailor to screw you. As for bitcoin vs metals, this is the macro for why history will eventually flush all the bitfools and iRetards down the toilet: Indeed. And that is a good thing. We had discussed in great detail why gold is a barbaric relic whose time is coming to an end.
Some old guys still take Bitcoin profits into gold or silver, but the younger (and even GenX) guys realize gold is dying.
You are fighting against the laws of gravity if you believe metals will be displaced by craptocurrency. I'll take the Joseph Tainter position any day on this subject matter. When complex systems implode, they don't shift over to an even more complex system, they either go backwards in complexity or enter a full dark ages. Complexity is not inherently good, it's a liability. Another crux of the Joseph Tainter argument when extrapolated to it's end point is that overspecialization is essentially a Fermi Paradox-style extinction level event. The invisible hand of nature will force chaos and implosions at random intervals to prevent this. The world doesn't want "total order" as you always reference the term as being bad/an impossibility. Metals always survive these random interval re-orgs of nature because they are very basic elements and almost indestructable; craptocurrency does not. Not to mention craptocurrency being a far inferior settlement system with no reason to even exist due to not removing counter party risk and having built-in rent seeking middlemen (transaction validators - so called "miners". An incorrect term that should really just be "middlemen").
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 3850
Merit: 10872
Self-Custody is a right. Say no to"Non-custodial"
|
|
October 16, 2017, 08:12:07 PM |
|
https://www.bitfinex.com/posts/227October 16, 2017 This message is further to our announcement of August 11, 2017, with respect to terminating our business with U.S. individual customers. As indicated in the announcement, we are terminating trading, deposits, and withdrawal functionality for U.S. individual customers by no later than November 9, 2017. U.S. customers are already barred from receiving financing from other users on Bitfinex’s peer-to-peer financing platform. This restriction will remain and, in addition, U.S. individual customers will no longer be able to provide financing on Bitfinex effective November 9, 2017. All U.S. individual users must make arrangements to withdraw their Digital Tokens by November 9th. U.S. individuals holding Recovery Right Tokens (RRTs), if any, which relate to the exchange of now-defunct BFX tokens to equity in iFinex Inc., may, starting on October 27, 2017, sell all of their RRTs on the exchange, if they so elect. This is an exception to the general terms of use for RRTs. U.S. individuals are not permitted to buy RRTs during this time period. All terms and conditions relating to the sale of any RRTs remain in full force and effect and are deemed to apply to the sale of any RRTs by U.S. individuals or otherwise. Any RRTs remaining in the hands of U.S. individual verified customers after the November 9th deadline may be sold through Bitfinex on an OTC basis through special arrangement with us. WOW!!!!! I initially thought that Bitfinex were going to restrict USA customers from fiat bank encounters and a few other asset trading restrictions - yet this announcement appears to be a complete severance of USA customers from any kind of service on their platform... ... seemingly too much liability for Bitfinex to have USA exposure... would be a prudent move for them, but gonna screw around a lot of USA folks who are currently using their platform.. and had wanted access to some of that Hong Kong based market (arbitrage or whatever).
|
|
|
|
rjclarke2000
Legendary
Offline
Activity: 1358
Merit: 1016
|
|
October 16, 2017, 08:17:21 PM |
|
https://www.bitfinex.com/posts/227October 16, 2017 This message is further to our announcement of August 11, 2017, with respect to terminating our business with U.S. individual customers. As indicated in the announcement, we are terminating trading, deposits, and withdrawal functionality for U.S. individual customers by no later than November 9, 2017. U.S. customers are already barred from receiving financing from other users on Bitfinex’s peer-to-peer financing platform. This restriction will remain and, in addition, U.S. individual customers will no longer be able to provide financing on Bitfinex effective November 9, 2017. All U.S. individual users must make arrangements to withdraw their Digital Tokens by November 9th. U.S. individuals holding Recovery Right Tokens (RRTs), if any, which relate to the exchange of now-defunct BFX tokens to equity in iFinex Inc., may, starting on October 27, 2017, sell all of their RRTs on the exchange, if they so elect. This is an exception to the general terms of use for RRTs. U.S. individuals are not permitted to buy RRTs during this time period. All terms and conditions relating to the sale of any RRTs remain in full force and effect and are deemed to apply to the sale of any RRTs by U.S. individuals or otherwise. Any RRTs remaining in the hands of U.S. individual verified customers after the November 9th deadline may be sold through Bitfinex on an OTC basis through special arrangement with us. WOW!!!!! I initially thought that Bitfinex were going to restrict USA customers from fiat bank encounters and a few other asset trading restrictions - yet this announcement appears to be a complete severance of USA customers from any kind of service on their platform... ... seemingly too much liability for Bitfinex to have USA exposure... would be a prudent move for them, but gonna screw around a lot of USA folks who are currently using their platform.. and had wanted access to some of that Hong Kong based market (arbitrage or whatever). Get your coins off exchanges JJG. Stop playing with fire.
|
|
|
|
Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
|
|
October 16, 2017, 08:22:51 PM |
|
I don't remember who said that the biggest threat to bitcoin is posed by the fact that many real devs are public figures. I think that's a major drawback. I am so much glad that Satoshi still keeps his/her/their identity hidden. Creating the most important threat to the financial 1% is not a prank.
It's only a problem for a crypto who dev team has an official "head" dev like Ethereum does. Or like BCH, lol. Bitcoin has 100+ voluntary developers. I'm surprised some Russian gangsters haven't ordered a contract on Vitalik to coincide with an epic margin short. It's a sure thing. *That was probably my most morbid speculation ever. Vitalik has some pretty gangsta friends of his own
|
|
|
|
megadeth
Sr. Member
Offline
Activity: 289
Merit: 252
bagholder since 2013
|
|
October 16, 2017, 08:24:13 PM |
|
Where's Loaded ? At these prices he hits a Billion dollars in BTC net worth. Time to change your signature dude.
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 3850
Merit: 10872
Self-Custody is a right. Say no to"Non-custodial"
|
|
October 16, 2017, 08:26:09 PM |
|
https://www.bitfinex.com/posts/227October 16, 2017 This message is further to our announcement of August 11, 2017, with respect to terminating our business with U.S. individual customers. As indicated in the announcement, we are terminating trading, deposits, and withdrawal functionality for U.S. individual customers by no later than November 9, 2017. U.S. customers are already barred from receiving financing from other users on Bitfinex’s peer-to-peer financing platform. This restriction will remain and, in addition, U.S. individual customers will no longer be able to provide financing on Bitfinex effective November 9, 2017. All U.S. individual users must make arrangements to withdraw their Digital Tokens by November 9th. U.S. individuals holding Recovery Right Tokens (RRTs), if any, which relate to the exchange of now-defunct BFX tokens to equity in iFinex Inc., may, starting on October 27, 2017, sell all of their RRTs on the exchange, if they so elect. This is an exception to the general terms of use for RRTs. U.S. individuals are not permitted to buy RRTs during this time period. All terms and conditions relating to the sale of any RRTs remain in full force and effect and are deemed to apply to the sale of any RRTs by U.S. individuals or otherwise. Any RRTs remaining in the hands of U.S. individual verified customers after the November 9th deadline may be sold through Bitfinex on an OTC basis through special arrangement with us. WOW!!!!! I initially thought that Bitfinex were going to restrict USA customers from fiat bank encounters and a few other asset trading restrictions - yet this announcement appears to be a complete severance of USA customers from any kind of service on their platform... ... seemingly too much liability for Bitfinex to have USA exposure... would be a prudent move for them, but gonna screw around a lot of USA folks who are currently using their platform.. and had wanted access to some of that Hong Kong based market (arbitrage or whatever). Get your coins off exchanges JJG. Stop playing with fire. Hahahahaha.. Thanks for your concern... I understand that you are more exchange averse than me... I am not going to get my coins off of all exchanges, but surely I got to work towards setting up a plan to remove all of my coins from bitfinex in the next 3.5 weeks... and they had been my go to exchange for alt coins, so currently I gotta figure out what to do with the BCH, ETH, ETC, LTC, Monero and dollars that I hold on their platform.. whether to liquidate all of it or just move it to wallets? Surely I cannot move the dollars - so I gotta probably buy bitcoin or some other alt with the dollars before I move it. Most likely I will buy bitcoin because I don't feel too comfortable having my value in alts... and if I get stuck, I would rather be stuck mostly in bitcoin than some of those other ones.
|
|
|
|
bones261
Legendary
Offline
Activity: 1806
Merit: 1828
|
|
October 16, 2017, 08:27:08 PM |
|
WOW!!!!!
I initially thought that Bitfinex were going to restrict USA customers from fiat bank encounters and a few other asset trading restrictions - yet this announcement appears to be a complete severance of USA customers from any kind of service on their platform... ... seemingly too much liability for Bitfinex to have USA exposure... would be a prudent move for them, but gonna screw around a lot of USA folks who are currently using their platform.. and had wanted access to some of that Hong Kong based market (arbitrage or whatever).
Guess that I will definitely be losing some dust. I haven't used them since they were brought back online after the hack in the summer of 2016. Unfortunately, during my hasty exodus, I managed to leave some dust behind. They can keep my 0.15(XXXXX) USD, 2784 sats BTC and 2377 sats BCC. I gather that Spoofy isn't associated with a US customer. I think Spoofy is actually an alien anyway. https://twitter.com/bones261/status/917980409417359361
|
|
|
|
marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2349
Eadem mutata resurgo
|
|
October 16, 2017, 08:33:53 PM |
|
bitcoin price tapping on the ceiling again ... yet another push higher seems might be imminent.
|
|
|
|
|