jbreher
Legendary
 Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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December 14, 2017, 01:38:54 AM |
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Haha. The world works in funny ways. I'm sitting in the lounge at SJC - I was working in Silicon Valley so far this week. AAR, when I checked into my hotel the other night, I noticed a newspaper I'd not seen before available amongst the piles of drek such as USA Today. Epoch Times. Intrigued, I grabbed a copy. This morning, I finally started reading it. There was a great article on the ramifications of Bitcoin that took an entire page in the paper. Once I read it, I thought I oughta share it here. There is an abbreviated version available on the web: https://www.theepochtimes.com/is-bitcoin-just-a-brilliant-wealth-redistribution-scheme-3_2377636.htmlauthored by Valentin Schmid. Now in the lounge, martini in hand, waiting for time to board, I am catching up on deferred communications. Running through my browser tabs, I run across this item linked the other day by someone here on BCT: https://www.youtube.com/watch?v=ukjDCeuNK3YWho is the interviewer but the samesaid Valentin? Whatta universe. |
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Rosewater Foundation
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December 14, 2017, 01:49:14 AM |
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So these are the first intellectual hurdles to overcome: understanding that our current money system is severely flawed, and that to prosper and make progress, humanity needs an alternative.
Not bad. |
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jojo69
Legendary
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Activity: 3150
Merit: 4309
diamond-handed zealot
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December 14, 2017, 02:06:58 AM |
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Glad you are getting somewhere Bob.
At your weight, a diversity of institutions and methods would seem wise.
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Rosewater Foundation
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December 14, 2017, 02:13:57 AM |
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Hope this recent pullback shook some FOMO money out. Somehow I feel CNBC isn't a force for good
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Torque
Legendary
Offline
Activity: 3542
Merit: 5039
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December 14, 2017, 02:14:18 AM |
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With Bitcoin, if you don't want shorters to be able to short with your bitcoin, you simply remove them from the exchange to an off-exchange wallet.
With the stock market, you can't do that. There's no way to exclude your stock shares from being shorted on an exchange, because:
1) They're not your stock shares, they're simply an IOU you leased from a Market Maker whale that holds an entire pool of stock shares on the exchange.
- and -
2) Stock shares can't be "removed" from the stock exchange they trade on anyway.
Let THAT sink in for a minute.
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RoomBot
Legendary
Offline
Activity: 2268
Merit: 1123
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December 14, 2017, 02:16:28 AM |
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http://www.ub.comDon't forget about the fun new fork from Jeff Garzik with added Satoshi coin theft. Wow, that twirling effect on that site is mesmerizing! I think I must have spent at least 10 minutes just staring at it... Good work Jeff! Sweet landing page, Garzik. Very professional:  |
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jojo69
Legendary
Offline
Activity: 3150
Merit: 4309
diamond-handed zealot
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December 14, 2017, 02:21:13 AM |
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Somehow I feel CNBC isn't a force for good
SNORK!! |
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Rosewater Foundation
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December 14, 2017, 02:23:18 AM |
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This UB is no ordinary airdrop. You had to do special moves first.
Eligibility
All users who transfer Bitcoins from his/her own address to his/her own address between Block 494000 and Block 498777 (11 November 2017 to 12 December 2017 GMT) will be eligible if the transaction meets the following criteria...
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TERA2
Full Member
Offline
Activity: 266
Merit: 222
Deb Rah Von Doom
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December 14, 2017, 02:23:52 AM |
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I've been informed that were not the new wealthy elite and the jig is up.
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Torque
Legendary
Offline
Activity: 3542
Merit: 5039
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December 14, 2017, 02:24:47 AM
Last edit: December 14, 2017, 02:35:44 AM by Torque |
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This UB is no ordinary airdrop. You had to do special moves first.
Eligibility
All users who transfer Bitcoins from his/her own address to his/her own address between Block 494000 and Block 498777 (11 November 2017 to 12 December 2017 GMT) will be eligible if the transaction meets the following criteria...
It's important by design that Jeff ends up with all the UB tokens. Because God Mode. |
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jojo69
Legendary
Offline
Activity: 3150
Merit: 4309
diamond-handed zealot
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December 14, 2017, 02:27:40 AM |
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I've been informed that were not the new wealthy elite and the jig is up.
Is this from confirmed sources? |
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Rosewater Foundation
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December 14, 2017, 02:28:08 AM |
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This UB is no ordinary airdrop. You had to do special moves first.
Eligibility
All users who transfer Bitcoins from his/her own address to his/her own address between Block 494000 and Block 498777 (11 November 2017 to 12 December 2017 GMT) will be eligible if the transaction meets the following criteria...
It's important by design that Jeff ends up with all the tokens.  |
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Torque
Legendary
Offline
Activity: 3542
Merit: 5039
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December 14, 2017, 02:30:57 AM |
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Remember when that asshole was the guy that the SegWit2X camp was literally hanging their hat on to be the next Bitcoin lead dev?
NEVER. FUCKING. FORGET.
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bitserve
Legendary
Offline
Activity: 1820
Merit: 1464
Self made HODLER ✓
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December 14, 2017, 02:33:02 AM
Last edit: December 14, 2017, 02:44:41 AM by bitserve |
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This UB is no ordinary airdrop. You had to do special moves first.
Eligibility
All users who transfer Bitcoins from his/her own address to his/her own address between Block 494000 and Block 498777 (11 November 2017 to 12 December 2017 GMT) will be eligible if the transaction meets the following criteria...
Evil. It seems he wants both the coins to be terribly distributed (mostly to exchanges and insiders and almost noone else) and also to generate additional collapse to the Bitcoin network if many people were doing that... fortunately I don't think many did. Shove your ridiculous fork up your arse, Jeff! |
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Rosewater Foundation
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December 14, 2017, 02:33:40 AM |
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I've been informed that were not the new wealthy elite and the jig is up.
Is this from confirmed sources?  Panic mode activated. |
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HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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December 14, 2017, 03:04:41 AM |
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Nice 300 BTC sell wall on Stamp @ 16,000
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Rosewater Foundation
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December 14, 2017, 03:07:57 AM |
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I need a new exchange. My market sell would cause slippage. Bob could probably clear the books.
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Poll
