adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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March 09, 2016, 10:02:11 PM |
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unlike fiat, there is NO "illusion" that needs to take place.
Other than the one about 1/21millionth of nothing being worth money, because ...well, there's only 21 million of it, you mean? the 21million coin limit is not an illusion. No. But 1BTC (1/21millionth of nothing) somehow being worth something (possibly due to the limited supply?) is. my willingness to buy ALL the bitcoin is no illusion! |
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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ahpku
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March 09, 2016, 10:04:51 PM |
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*as long as I forget that my filthy fiat transactions cost me exactly nothing, as long as I use my high-techy "bovine leather" wallet & newfangled money called cash.
Try to wire some fiat abroad and come back to tell us how free it was. Number of times, in my life, I needed to wire fiat abroad: 0. Try making a pinky ring out of bitcoins, and come back to tell us how that went. |
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ahpku
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March 09, 2016, 10:07:53 PM |
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my willingness to buy ALL the bitcoin is no illusion!
People were paying stupid money for Beanies, too. Until they weren't. And just think about it: imagine you bought all the bitcoins. Why in the world would somebody want one? To make you rich?  |
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hv_
Legendary
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Activity: 2506
Merit: 1055
Clean Code and Scale
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March 09, 2016, 10:08:40 PM |
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unlike fiat, there is NO "illusion" that needs to take place.
Other than the one about 1/21millionth of nothing being worth money, because ...well, there's only 21 million of it, you mean? the 21million coin limit is not an illusion. No. But 1BTC (1/21millionth of nothing) somehow being worth something (possibly due to the limited supply?) is. my willingness to buy ALL the bitcoin is no illusion! Haha, that is a good one. Try better to mine all and I d feel more save. |
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becoin
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Activity: 3431
Merit: 1233
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March 09, 2016, 10:09:06 PM |
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Try making a pinky ring out of bitcoins, and come back to tell us how that went.
Bitcoin is not suitable for snorting cocaine. Stick with fiat paper. |
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ahpku
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March 09, 2016, 10:13:16 PM |
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Try making a pinky ring out of bitcoins, and come back to tell us how that went.
Bitcoin is not suitable for snorting cocaine. Stick with fiat paper. See? Another thing Bitcoin is useless at. OTOH, if you bought your blow with BTC, not a problem -- 90% chance you got ripped off, so nothing to snort. Or it's baby laxatives, and you're better off not sticking them up your nose. |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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March 09, 2016, 10:26:31 PM |
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my willingness to buy ALL the bitcoin is no illusion!
People were paying stupid money for Beanies, too. Until they weren't. And just think about it: imagine you bought all the bitcoins. Why in the world would somebody want one? To make you rich? they would want one so they could save 50% off starbuck gift card? |
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nioc
Legendary
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Activity: 1624
Merit: 1008
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March 09, 2016, 10:29:18 PM |
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It's been 9 hours and not one confirmation. It seems that something other than just the business of the network might be going on. There has been room in some blocks recently. Maybe somebody could shed some light on what is going on, it would be much appreciated. The fee paid was 0.0001 and the transaction was comprised of 21 inputs. I get the following from blockchaindotinfo........... Estimated Confirmation Time Within 6 Blocks (Medium Priority)
It also had a "Confirmation Warning" as follows "The transaction fee is less than recommended"
"This transaction has a none standard input"I guess they mean "non standard" Edit: I just noticed the size of the transaction. Over 8000 bytes  These people sending don't know what they are doing |
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ahpku
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March 09, 2016, 10:30:55 PM |
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my willingness to buy ALL the bitcoin is no illusion!
People were paying stupid money for Beanies, too. Until they weren't. And just think about it: imagine you bought all the bitcoins. Why in the world would somebody want one? To make you rich? they would want one so they could save 50% off starbuck gift card? Sounds like the sort of folk who'll pay you with PayPal & charge back. edit: but seriously, you don't want a currency to be concentrated like that -- no incentive for anyone other than yourself to value it/use it. This is not the case for real money, which will always be needed, if for nothing else other than to pay taxes (or get oppressed updabutt by jackbooted thugs). |
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Andre#
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March 09, 2016, 10:32:27 PM |
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ETH going tru the roof again, +10% in barely 3 hours.
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ZyclonRacerX
Member
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Activity: 66
Merit: 10
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March 09, 2016, 10:43:45 PM |
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ETH going tru the roof again, +10% in barely 3 hours.
ETH is like the internet in the early 90s  |
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orpington
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March 09, 2016, 10:52:42 PM |
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ETH going tru the roof again, +10% in barely 3 hours.
Andre# - you still seem to be spot on... toilet paper!!  |
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ahpku
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March 09, 2016, 10:56:43 PM |
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 Dear Satoshi, why are you mocking us?! |
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 09, 2016, 11:00:35 PM |
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sAt0sHiFanClub
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March 09, 2016, 11:04:50 PM |
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you're being disingenuous... avg block size phhhh, your an asshole or an idiot, take your pick.. I don't see what's wrong with avg blocksize. Should I take specific blocks to illustrate the point? And if so, what would these blocks be? The 0 bytes ones, or the 1000kb ones? Yes. An Asshole AND an idiot. |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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March 09, 2016, 11:05:40 PM |
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It's been 9 hours and not one confirmation. It seems that something other than just the business of the network might be going on. There has been room in some blocks recently. Maybe somebody could shed some light on what is going on, it would be much appreciated. The fee paid was 0.0001 and the transaction was comprised of 21 inputs. I get the following from blockchaindotinfo........... Estimated Confirmation Time Within 6 Blocks (Medium Priority)
It also had a "Confirmation Warning" as follows "The transaction fee is less than recommended"
"This transaction has a none standard input"I guess they mean "non standard" Edit: I just noticed the size of the transaction. Over 8000 bytes These people sending don't know what they are doing 21 inputs hmmm sounds like that TX size must be kinda high, definitely higher than 256Bytes can you tell us how many bytes it is, blockchaindotinfo should tell you that too if you tell us that we can tell you what fee you should have paid, and ~ how long it will take to get clear with the fee you did send it with. keep inmind that if it dosnt get on the blockchain within 48hours, it will be dropped out of the mempool. |
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nioc
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Activity: 1624
Merit: 1008
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March 09, 2016, 11:08:09 PM |
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adam I put that info in my edit. A little over 8000 bytes
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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March 09, 2016, 11:14:28 PM |
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adam I put that info in my edit. A little over 8000 bytes
i think they should have paid like 0.005 in fees this TX might just get dropped out after 48hours of sitting in the mempool.... ( i think thats how it work ? ) |
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nioc
Legendary
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Activity: 1624
Merit: 1008
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March 09, 2016, 11:22:33 PM |
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adam I put that info in my edit. A little over 8000 bytes
i think they should have paid like 0.005 in fees this TX might just get dropped out after 48hours of sitting in the mempool.... ( i think thats how it work ? ) I believe it's 72 hrs. How will I know when it gets dropped? The exchange rate they used was $410.xx What this means is that it will get dropped in another 2 1/2 days during which time btc will go up and I will get less btc.  Time to buy Why do I always think/feel like this  |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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March 09, 2016, 11:28:02 PM |
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adam I put that info in my edit. A little over 8000 bytes
i think they should have paid like 0.005 in fees this TX might just get dropped out after 48hours of sitting in the mempool.... ( i think thats how it work ? ) I believe it's 72 hrs. How will I know when it gets dropped? The exchange rate they used was $410.xx What this means is that it will get dropped in another 2 1/2 days during which time btc will go up and I will get less btc. Time to buy Why do I always think/feel like this it's the kool aid. buy more bitcoins you may have a hard time getting thos back. good luck. |
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