Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
|
|
February 04, 2018, 10:08:52 AM |
|
|
|
|
|
Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
|
|
February 04, 2018, 10:18:39 AM |
|
@steve_hanke https://twitter.com/steve_hanke/status/959530873363329026In 2013, I told the New York Times that “to say digital money is highly speculative would be the understatement of the century”; 5 years later, my statement turns into a self fulfilling prophecy, with #Bitcoin dropping by 60% in less than a month @steve_hanke Applied Economist @JohnsHopkins | Sr. Fellow & Director #TroubledCurrencies Project @CatoInstitute | @Forbes | FX & Commodities Trader | Reagan White House Alum -great that all these fiat economists are coming out with easily-rebuttable butthurt. -their scams will be very obvious to the public -and to politicos
|
|
|
|
d_eddie
Legendary
Offline
Activity: 2660
Merit: 3565
|
Well, most is, but some is a little off. As an example, I agree adoption is the main point, but I haven't heard about bugs biting and making developers lose testnet funds recently. Also, the route-finding problem is exaggerated. It is impossible to guarantee an optimal (shortest) route is found, but quite feasible to find just any route. If channels live long enough, a store-and-forward policy could take care of that. Also, opening and closing channels can become much cheaper with some new proposed pooling/batching protocols. You just open many channels at once and share the fees. Things will only get better with Schnorr signatures. <tinfoil>Do you know/can you find out the guy's track record? It sounds a bit like undercover shilling.</tinfoil>
|
|
|
|
HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
|
|
February 04, 2018, 10:22:58 AM |
|
The criticism seems to boil down to (1) it’s not ready yet and (2) we don’t know if it will be enough. The answer to (1) is “yes, duh” and the answer to (2) is “yes but it’s better than anyone else”. Add to this the fact that Bitcoin has scaling problems because it has scale. On that note I gave up trying to download the Monero blockchain after a week, and downloading the Eth blockchain is a nightmare. I think a lot of these people bitching about scaling have never run a full node.
|
|
|
|
d_eddie
Legendary
Offline
Activity: 2660
Merit: 3565
|
|
February 04, 2018, 10:28:35 AM |
|
I think a lot of these people bitching about scaling have never run a full node.
Surely, you mean a "full-validating, non-mining node"? Asks our wordsmith colleague jbreher.
|
|
|
|
somac.
Legendary
Offline
Activity: 2106
Merit: 1238
Never selling
|
|
February 04, 2018, 10:30:00 AM |
|
As noted by another poster, our guy Masterluc got his account on TradingView disabled. (yesterday at 12:37 pm) TradingView busted me whether it's the account, or the ideas. I do not know what I broke there. Well, fck them.
Where is that quote from Masterluc taken from? cause his account on bitcointalk was hacked the other day If's from VKontakte, his main outlet recently. https://vk.com/bitcoin_vangaCool, thanks.
|
|
|
|
julian071
|
|
February 04, 2018, 10:30:28 AM |
|
I hope (and believe) we will see the last dip today, before going up again for an extended period. The bottom, as they say. I set my orders accordingly.
|
|
|
|
LFC_Bitcoin
Legendary
Offline
Activity: 3696
Merit: 10358
#1 VIP Crypto Casino
|
|
February 04, 2018, 10:32:14 AM |
|
I wonder how our good old friend Stolfi is getting on?
|
|
|
|
d_eddie
Legendary
Offline
Activity: 2660
Merit: 3565
|
|
February 04, 2018, 10:34:21 AM Merited by JayJuanGee (1) |
|
I hope (and believe) we will see the last dip today, before going up again for an extended period. The bottom, as they say. I set my orders accordingly.
Same here. My last hopelessy-low-will-never-get-filled buy order got almost half filled. Undecided if I should place another just 50$ lower. Hmmm... maybe not until this one gets cleared. On a related note, please keep posting, everyone! The more we post (especially memes with TITS!), the better we'll be off when we're back to WOPC parity later this year.
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 3878
Merit: 11069
Self-Custody is a right. Say no to"Non-custodial"
|
|
February 04, 2018, 10:35:03 AM |
|
The criticism seems to boil down to (1) it’s not ready yet and (2) we don’t know if it will be enough. The answer to (1) is “yes, duh” and the answer to (2) is “yes but it’s better than anyone else”. Add to this the fact that Bitcoin has scaling problems because it has scale. On that note I gave up trying to download the Monero blockchain after a week, and downloading the Eth blockchain is a nightmare. I think a lot of these people bitching about scaling have never run a full node. Many of the lightning network "fair criticisms" come off as a bunch of silly-ass premature whiners, making up a bunch of speculated bullshit.
|
|
|
|
Neo_Coin
Sr. Member
Offline
Activity: 1204
Merit: 293
"Be Your Own Bank"
|
|
February 04, 2018, 10:36:04 AM |
|
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 3878
Merit: 11069
Self-Custody is a right. Say no to"Non-custodial"
|
|
February 04, 2018, 10:40:20 AM |
|
I hope (and believe) we will see the last dip today, before going up again for an extended period. The bottom, as they say. I set my orders accordingly.
Same here. My last hopelessy-low-will-never-get-filled buy order got almost half filled. Undecided if I should place another just 50$ lower. Hmmm... maybe not until this one gets cleared. On a related note, please keep posting, everyone! The more we post (especially memes with TITS!), the better we'll be off when we're back to WOPC parity later this year. Aren't you going to run out of money, sooner or later, if you keep setting your never, ever ever ever ever, to be filled buy orders only $50 below the previous buy order with the same title? unless you happen to be one of those banks with printing authority, aka unlimited fiat.
|
|
|
|
julian071
|
|
February 04, 2018, 10:41:16 AM |
|
The 2018 cart will be filled with lambo's and champagne.
|
|
|
|
Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
|
|
February 04, 2018, 10:42:22 AM |
|
Well, most is, but some is a little off. As an example, I agree adoption is the main point, but I haven't heard about bugs biting and making developers lose testnet funds recently. Also, the route-finding problem is exaggerated. It is impossible to guarantee an optimal (shortest) route is found, but quite feasible to find just any route. If channels live long enough, a store-and-forward policy could take care of that. Also, opening and closing channels can become much cheaper with some new proposed pooling/batching protocols. You just open many channels at once and share the fees. Things will only get better with Schnorr signatures. <tinfoil>Do you know/can you find out the guy's track record? It sounds a bit like undercover shilling.</tinfoil> it's like it was written six weeks ago. Banfield used to be ok, sort of a bog-standard core- tard.supporter maybe he's been got at by now, a la Daniel Krawicz, idk. skim some of his email newsletters? your insights in this thread are gr8
|
|
|
|
d_eddie
Legendary
Offline
Activity: 2660
Merit: 3565
|
|
February 04, 2018, 10:42:33 AM |
|
Sooner or later, yes, unfortunately. But I'm still good - I haven't sold grandma yet.
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 3878
Merit: 11069
Self-Custody is a right. Say no to"Non-custodial"
|
|
February 04, 2018, 10:47:27 AM |
|
The 2018 cart will be filled with lambo's, hookers, blow, and champagne. FTFY
|
|
|
|
Neo_Coin
Sr. Member
Offline
Activity: 1204
Merit: 293
"Be Your Own Bank"
|
|
February 04, 2018, 10:50:53 AM |
|
|
|
|
|
Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
|
|
February 04, 2018, 11:00:56 AM |
|
|
|
|
|
Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
|
Silicon Valley : Move fast and break things Bcash : Move away and break things Ethereum : Break things and break other things Bitcoin core : Move slow and mend things MP : Move to Patagonia and make something while Bitcoin breaks quite exactly everything Hodlers : Breakfast in bed and ... things
|
|
|
|
BitcoinBunny
Legendary
Offline
Activity: 1554
Merit: 2766
Far, Far, Far Right Thug
|
|
February 04, 2018, 12:16:45 PM |
|
Shaking the weak hands off a bit more and some more credit card FUD making the rounds. Maybe going down lower than < $8.5K. I predict this week will see a big rise in the entire crypto market and we will be comfortably over 12K again in a week's time.
|
|
|
|
|