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Question: Among your family and friends, who owns Bitcoin?
Myself only - 25 (30.9%)
Myself and my spouse/partner - 10 (12.3%)
My family - 10 (12.3%)
Close friends - 11 (13.6%)
All of the above - 25 (30.9%)
Total Voters: 81

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25281794 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (157 posts by 13 users deleted.)
Hueristic
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January 07, 2019, 06:17:41 PM

BTC is the best for store of value but is still unable to handle the world at large
a) I totally disagree
b) You're using a generalized, boil-the-ocean argument
c) As opposed to what shitcoin that can?

and there are many edge cases that others can fit just fine.
What edge cases are so crucial and desparately needed? 99.999999999999% of people don't even own Bitcoin right now.

Welll, Well welll... the bolded is your argument against yourself from your first fallacy.


Quote
For instance privacy as a second layer will never compete with a first layer solution period, go ahead and ask any expert you want.
Clarify/quantify 'never compete'? Bitcoin is competing the hell out of all the other shitcoins, and winning like a boss. Its utility, security, and universal adoption is miles ahead of anything else.

The vast majority of Bitcoin users feel the privacy issue is a non-argument. All of your online devices are insecure, your data you freely give over to OS creators and Social Media platform providers, where it is then sold, or hacked, or both. Your IoT devices are listening to your every conversation. How about we fix those privacy problems first, eh?

Crypto doesn't care what you FEEL, it doesn't change facts.
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Torque
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January 07, 2019, 06:20:54 PM

BTC is the best for store of value but is still unable to handle the world at large
a) I totally disagree
b) You're using a generalized, boil-the-ocean argument
c) As opposed to what shitcoin that can?

and there are many edge cases that others can fit just fine.
What edge cases are so crucial and desparately needed? 99.999999999999% of people don't even own Bitcoin right now.

Welll, Well welll... the bolded is your argument against yourself from your first fallacy.
No it isn't. Just because 99.9999999999999% of people right now don't own Bitcoin, doesn't mean it can't "handle the world at large".

Quote
For instance privacy as a second layer will never compete with a first layer solution period, go ahead and ask any expert you want.
Clarify/quantify 'never compete'? Bitcoin is competing the hell out of all the other shitcoins, and winning like a boss. Its utility, security, and universal adoption is miles ahead of anything else.

The vast majority of Bitcoin users feel the privacy issue is a non-argument. All of your online devices are insecure, your data you freely give over to OS creators and Social Media platform providers, where it is then sold, or hacked, or both. Your IoT devices are listening to your every conversation. How about we fix those privacy problems first, eh?

Crypto doesn't care what you FEEL, it doesn't change facts.

Bitcoin can be the dominant crypto in the entire world and handle the world at large without a first layer privacy solution. FACT. How does that bit of news FEEL to you?
Lambie Slayer
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January 07, 2019, 06:23:50 PM

Pewdiepie is a Nazi Bitcoiner now. 5k incoming Cheesy

https://www.youtube.com/watch?time_continue=7&v=tQeBRMp4S7s
Hueristic
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January 07, 2019, 06:25:35 PM


Umm... yeah. Don't know what to think about this.

I can't help but think that adding Bluetooth to a HW wallet is anything other than another potential gaping security hole. Though it looks like the buttons may be improved.

i dont like it.

trezor t has a sd card slot that might be venerable but you can simply not use it. i wonder if the ledger x has the option to turn bluetooth off and how "off" it would really be. i just cant help but thinking some fundamental flaw will be found in the bluetooth chip as i thought i had read about some bluetooth chips having vulnerabilities before.

I would never use a wallet that has the potential to jump an air gap.
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January 07, 2019, 06:25:53 PM

Hueristic
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January 07, 2019, 06:28:03 PM

No it isn't. Just because 99.9999999999999% of people right now don't own Bitcoin, doesn't mean it can't "handle the world at large".

You can't prove that it can.,


Bitcoin can be the dominant crypto in the entire world and handle the world at large without a first layer privacy solution. FACT. How does that bit of news FEEL to you?

Prove this assertion, you cannot.
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January 07, 2019, 06:34:05 PM

No it isn't. Just because 99.9999999999999% of people right now don't own Bitcoin, doesn't mean it can't "handle the world at large".

You can't prove that it can.,
And you can't prove that it can't.

Bitcoin can be the dominant crypto in the entire world and handle the world at large without a first layer privacy solution. FACT. How does that bit of news FEEL to you?

Prove this assertion, you cannot.

And you can't prove that it can't.

So impasse? Nanner nanner?  Cheesy
Hueristic
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January 07, 2019, 06:35:45 PM

No it isn't. Just because 99.9999999999999% of people right now don't own Bitcoin, doesn't mean it can't "handle the world at large".

You can't prove that it can.,
And you can't prove that it can't

Bitcoin can be the dominant crypto in the entire world and handle the world at large without a first layer privacy solution. FACT. How does that bit of news FEEL to you?

Prove this assertion, you cannot.

And you can't prove that it can't.

So impasse? Nanner nanner?
[/quote]

OK, you win if you can get one Core Dev to agree with your assertion that a second layer solution is as secure as a first layer solution.

Done go get that quote. And I'll give you 25 merit.

AFA what BTC can handle, there would not be a need for the work being done on lightning right now if it could handle those people already. Duh that is why lightning is being developed, or did you think it was already done?
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January 07, 2019, 06:38:28 PM

Anyone 80x? Because I feel like I should have 80xed.

Oh the bright side. Looks like 4k is back on the menu, boys! About time too. I can't stand these sideway actions.

Ballsy move to long right now, I approve. Smiley

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January 07, 2019, 06:40:23 PM

OK, you win if you can get one Core Dev to agree with your assertion that a second layer solution is as secure as a first layer solution.

Ok if you are going to debate with me, you need to stop putting words in my mouth or twisting what I type. I never fucking said this, anywhere. I said that Bitcoin can still become the dominate crypto and service the whole world without a first layer privacy solution.
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January 07, 2019, 06:42:55 PM

wodka and drinking
saturdayz, wasted alwayz
sober up seems far


just for trying
BTCMILLIONAIRE
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January 07, 2019, 06:48:07 PM

https://cointelegraph.com/news/nasdaq-powered-exchange-to-launch-eu-regulated-tokenized-stock-trading

Probably old, but I've fallen too far behind over the holidays to check.

Step one towards crypto equity looks about done. Which should drive demand for Bitcoin as trading stock against BTC becomes a possibility that will increase liquidity. Hopefully not too late for capital flight out of stocks into corn in what seems like an upcoming recession.


After this it seems like a matter of time until stock and crypto become equivalent.
El duderino_
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January 07, 2019, 06:48:56 PM

No it isn't. Just because 99.9999999999999% of people right now don't own Bitcoin, doesn't mean it can't "handle the world at large".

You can't prove that it can.,
And you can't prove that it can't

Bitcoin can be the dominant crypto in the entire world and handle the world at large without a first layer privacy solution. FACT. How does that bit of news FEEL to you?

Prove this assertion, you cannot.

And you can't prove that it can't.

So impasse? Nanner nanner?

OK, you win if you can get one Core Dev to agree with your assertion that a second layer solution is as secure as a first layer solution.

Done go get that quote. And I'll give you 25 merit.

AFA what BTC can handle, there would not be a need for the work being done on lightning right now if it could handle those people already. Duh that is why lightning is being developed, or did you think it was already done?
[/quote]



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January 07, 2019, 06:49:44 PM

^








small appropriate joke

Roll Eyes
BTCMILLIONAIRE
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January 07, 2019, 06:51:29 PM

Very appropriate.
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January 07, 2019, 06:54:02 PM
Merited by Paashaas (10), infofront (1), vroom (1)

JFC, whats up with the tens of merits being thrown here and there? Have everybody got a merit supply injection from Theymos or what?


Hueristic
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January 07, 2019, 06:58:05 PM


Non-story, as Tim Sweeny admitted himself.

It was one of their payment processors "trying something out".
It's a great story.
Monero afficionados had five days in the sun.
Then reality hit them in the face like a bottle of Barolo

Haha, good one. I was at casino being a donkey and missed it mostly, too bad would be funny that a childs game would give a shit about privacy.
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January 07, 2019, 07:03:14 PM
Last edit: January 07, 2019, 07:13:37 PM by Hueristic

OK, you win if you can get one Core Dev to agree with your assertion that a second layer solution is as secure as a first layer solution.

Ok if you are going to debate with me, you need to stop putting words in my mouth or twisting what I type. I never fucking said this, anywhere. I said that Bitcoin can still become the dominate crypto and service the whole world without a first layer privacy solution.

Go back and reread our exchange I made that exact reply as to why edge cases are not covered in which you attacked my post and now you say you never said that. Well arguing that I was wrong when I said that is the same as saying it is not true.


OK, I have grabbed the post and added it here.

Quote
For instance privacy as a second layer will never compete with a first layer solution period, go ahead and ask any expert you want.
Clarify/quantify 'never compete'? Bitcoin is competing the hell out of all the other shitcoins, and winning like a boss. Its utility, security, and universal adoption is miles ahead of anything else.

The vast majority of Bitcoin users feel the privacy issue is a non-argument. All of your online devices are insecure, your data you freely give over to OS creators and Social Media platform providers, where it is then sold, or hacked, or both. Your IoT devices are listening to your every conversation. How about we fix those privacy problems first, eh?

Crypto doesn't care what you FEEL, it doesn't change facts.

Bitcoin can be the dominant crypto in the entire world and handle the world at large without a first layer privacy solution. FACT. How does that bit of news FEEL to you?

Maybe we disagree on what the highlighted means as I believe it is a fact that nothing can "dominant crypto in the entire world" without providing all the services that the world needs, one of which is privacy.
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January 07, 2019, 07:03:43 PM

https://bitcointalk.org/index.php?topic=5094269.msg49104899#msg49104899

ROACH check out THX
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January 07, 2019, 07:23:51 PM

https://twitter.com/eth_classic

https://twitter.com/etherchain_org/status/1082329360948969472

ETC is likely to have undergone a 51% attack.

I'm accepting donations to Barry Silbert via my usual address.
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