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Author Topic: Where are you 'Iamnotback'?  (Read 26576 times)
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May 03, 2017, 05:16:25 AM
 #81

@mprep
Why are you even wasting your time on this person. He doesn't have a life! This pointless argument can go on forever and just wastes your precious time.
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May 03, 2017, 05:24:34 AM
Last edit: May 03, 2017, 06:11:45 AM by the_end_is_near
 #82

@mprep
Why are you even wasting your time on this person. He doesn't have a life! This pointless argument can go on forever and just wastes your precious time.

It will be great when we have the decentralized forum and I can simply click delete and your useless noise disappears for me and my important and valued followers.

Your riff-raff useless cohorts will be inundated with all your noisy useless postings.



dinofelis is the same guy (anonymint) same style, same talking points.

Incorrect. @dinofelis is some kind of academic who lives in Europe. Shelby lives in the Philippines.

You guys are so delusional.

You are entirely incapable of comprehending the discussion between @dinofelis and myself, in which I was disagreeing with him on many technical points. Therefor, since you can't understand it, you just presume we are saying the same things (this is a known Dunning-Kruger symptom).



Don't tell me you are going to hide behind anonymity while you make such slanderous allegations and misrepresentations. If you believe you are correct, then certainly you can put your real name on it, as I have done.

[excuses to obfuscate and avoid having any honor]

Ah I see. You can state highly adversarial positions without putting your real world reputation at stake. That is asymmetrical but astute readers will clearly see who is more honorable because they have put their real world reputation at stake.




Sure, you're not restraining yourself not because of your ego but because you can't have your own dedicated echo chamber.

I had resisted creating self-moderated threads on BCT and I never censored anyone creating an echo chamber. It is you who is creating that echo chamber by being so offended by strong personalities that you nuke important work.

One hundred expert moderated groups will trounce a one-size-fits-all totalitarianism and socialist least common denominator clusterfuck. The reason Medium is succeeding is because all the important people post there, including for example superstars such as Nicholas Taleb.

Experts refuse to waste their time having discussions where they don't have sufficient moderation control in order to keep the discussion on point of the expert's group focus.

Even I am proposing to improve upon that, by having all moderation actions be entirely optional to follow since all the data remains immutable on the decentralized blockchain.

Also if you're trying to offend me - enjoy trying.

It is self-evident that I already did, because you felt compelled to fight back by nuking things. And you've demonstrated in your comments in this thread that you are highly offended by my strong personality.

Again I am going to refer you for the 4th time to read this Ego is for Little People (written by the ~160 IQ creator of the term "open source") and understand how you are committing all the enumerated misconceptions that the little people do. Go re-read your posts in this thread and you can see you have done everything mentioned in that essay. Lol.

I'm merely having giving fun with to someone who's of above average intelligence yet thinks knows he's a visionary genius.

Correct.

You're merely the flavor of the month self-entitled prick

And you're not offended.  Roll Eyes  Lol.

Did you really think you had any chance of winning a debate against me.

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Ironic how you lecture about none of us having control yet you actively keep coming back trying to fight anyone who disagrees with you or attempt to shut down or at least dominate discussions that didn't go your way.

You don't understand definitions of words. A dictionary could be helpful for your edification.

Refuting and working hard to win debates is not control. It is the free market of competition. Everyone else was free to do the same, until you intervened and snuffed the free market with your totalitarian hammer.

I don't create posts to bump threads to the top. I create only posts that have important content. You don't comprehend the posts, therefor you think I am only pursuing some stupid thread bumping. And if you only look up at a stuck clock at 6am and 6pm, you'll also assume the clock is not broken. This is Dunning-Kruger aliasing error, which both you and @dinofelis and many others suffer from.

P.S. your use of the word 'lecture' is another indication that I got inside your head and you are offended.


Every time a post is deleted, you should've received a deletion PM - backup that too.

I didn't. See the prior post.

Other than that Bitcointalk owes you nothing

Oh I agree BCT is free to destroy itself. I don't have a problem with that, other than I really didn't want to make a decentralized forum my first priority app. But you've more or less forced me to Cross the Rubicon now.

If you don't like it, go and actually spend the time developing that decentralized forum software you keep talking about, instead of trying to prove a point your followers probably already agree with and other people don't give a crap about.

Here you are slandering me and then slandering me again for trying to defend myself.

But of course you must do that in order to defend the reputation of BCT, but clearly you can see you are losing in that respect.

And of course I am going to make damn sure that I make it very clear that you've been defeated by logic, before I move on because there are so many misconceptions that can be formed otherwise.

Now anyone who wants the story can be linked to this thread (or to the archive of it if you nuke it). So I don't have to repeat myself again in the future when I've since forgotten all the details of our disagreement.

Highlighted for irony. You seem to have an obsession with achievements, acolades and appraisals of your intelligence. While I can understand and sympathize with the reason behind it, I can't really sympathize with a person who berates others for not chasing pointless social validation, that in the end will be forgotten by all come pass a few generations. We may be vain creatures, but try being at least a bit self-aware about it.

It is not about vanity. It is about those who can't do, destroy. I want to know if you actually do anything, other than destroy things?

Reason being that if you don't actually accomplish anything in your life, then you are expendable and thus have no status to be claiming to have any standing in your opinions or authority over me.

It is the epitome of failure for a society to put those who destroy in control over those who create.

That you interpreted it as vanity again is another one of those things that little people err on as explained in the Ego is for Little People essay. For me it is not about vanity but about production. You are destroying production. I am creating production. Do you actually create any production?


My work can be seen in the shit I clean every day, dropped by serial visionaries like you.

Afaics, that is destruction of data, not productive work. It is worse-than-useless busywork of removing information.

Better would be if you were a programmer and were actually improving the forum software to do some of the moderation ideas I have presented. I've heard that Theymos collected a lot of BTC and then never delivered the forum upgrade he allegedly promised. I wasn't around at that time, so I only hear about it from others.

Unlike you, I don't try to pretend I'm important. I'm a digital janitor in a small to medium community.

And it is the epitome of failure for a society to put janitors in charge of judging the quality of the work of geniuses.

But no worries, I will route around your failure.

What I think you're mistaking as "self-importance" is my thorough annoyance and dislike towards people like you - vain, egoistic lunatics, who think they're hot shit, just because they achieved something in life. News flash: to me, you're just another guy dragging his ass across the floor I try to keep clean for people who actually enjoy being here.

Well your Millennials delusion is why Western society will collapse. The frank truth is that production matters, and being offended by hard working experts is about the dumbest thing society could possibly do.

Awesome. Since you seem to have both the tech and social design down, the only possible pitfall for the project is that the dev is an emotionally unstable asshole. That and possible societal changes in the past 20 years.

I am not angry at people who don't fuck with my production. But again read the Ego is for Little People because it explains how you are conflating confidence with arrogance.

Except Satoshi wasn't a self-important dick (comparing yourself to Satoshi, really?) who thought his ideas / systems were perfect (or at least he didn't show it).

Did you miss @satoshi's rebuttal of @bytemaster.

Oh and you are not offended.  Roll Eyes

The checklist was an expressive form of "checking off" all …

Backsplaining and lying.

Btw, @Traxo and I both noticed you deleted one of his posts from this thread because you thought he was my sockpuppet.

When it comes to this forum, we'll sure as hell try.

Remember you banned Bitcointalk, not @iamnotback.

That is how it will go down in history.

For me, this is merely verbal exercise that I enjoy partaking in my free time.

Socialism has afforded you the funding to destroy production and become offended by (instead of respecting and admiring) confidence.

I think the world will change and all you useless trolls will find it very difficult to survive with your usual do-nothing busywork.
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May 03, 2017, 06:43:28 AM
 #83

Quote
Refuting and working hard to win debates is not control. It is the free market of competition. Everyone else was free to do the same, until you intervened and snuffed the free market with your totalitarian hammer.

Coupled with the fact that this is the claimed OFFICIAL forum, de facto not de jure, of the very project that is the paramount of open money and open tech.

Mods your argument  that BCT is a private enterprise is not only laughable but offensive.

You have perhaps sunk this ship, with this very act.

The bitcoin.com/forum, and others are ready made rafts.

And this entire FORUM will likely recamp at some steem-like-rewards-based platform.

With glee.

Or you can re-in-state Shelby, say sorry my bad, and the few (very few) intelligent commentators remain on board.

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May 03, 2017, 07:34:02 AM
 #84

This thread has become so entertaining. My favorite part is when Shelby quotes that ego article. It's like he's so convinced he's an A-lister that he fails to comprehend what a real A-lister has to say on the matter. Anyone that is or is close to A-listers knows without a doubt that Shelby is nothing more than a wannabe b-lister lol.

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May 03, 2017, 07:48:14 AM
Last edit: May 03, 2017, 08:05:33 AM by kiklo
 #85

dinofelis is the same guy (anonymint) same style, same talking points.


Nope ,

I had week long arguments with both, definitely two different guys.   Smiley


This thread has become so entertaining. My favorite part is when Shelby quotes that ego article. It's like he's so convinced he's an A-lister that he fails to comprehend what a real A-lister has to say on the matter. Anyone that is or is close to A-listers knows without a doubt that Shelby is nothing more than a wannabe b-lister lol.


Which confirms what I posted earlier, whether you agree or disagree with him, he is probably the most entertaining poster in all of BTCTalk,
and his constant posting generates more ad revenue than others.

If Theymos wanted to play this a better way , would be to give Shelby his own Discussions forum and split the ad revenue with him for that forum.
Anyone that does not want to read Shelby thoughts can stay out of that specific forum.
Those that do, which are numerous , could enjoy it , without mods banning him for a rule system , that to be quite honest many here don't agree with anyway.
Permaban does nothing but kill a screen name as the technically literate can evade it, if they so choose.

Shelby brings up points that makes you think, some will agree some won't , but censorship of his thoughts in a forum that needs posts to gain more ad revenue is self defeating.

IMO, either kill the permaban or give the guy his own forum here and be done with it, because otherwise this meta forum will be the most popular of all your foums and take a lot of your Mods time that could be spent on better things.  
In trying to become another man's Jailer , you also imprison yourself with him.

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May 03, 2017, 08:42:42 AM
 #86

^Technically he could start his own forum which could serve the same purpose without Theymos having to do anything at all. It'd actually be in his best interest because then there's no rules for him to follow and he is free to "centralize" his own forum as he sees fit. He supposedly already has a "giant following" & "thousands of readers", why not take them elsewhere if that is true?

The only thing I dislike about all of this is the fact that Spoetnik and others trolls are still around.. If you are going to ban for trolling, you can't ignore the self-proclaimed king of the throne. Equal punishment for similar offenses, that way we have less ammo as a community to be recreationally outraged with. Cheesy
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May 03, 2017, 09:35:07 AM
 #87

^Technically he could start his own forum which could serve the same purpose without Theymos having to do anything at all. It'd actually be in his best interest because then there's no rules for him to follow and he is free to "centralize" his own forum as he sees fit. He supposedly already has a "giant following" & "thousands of readers", why not take them elsewhere if that is true?

The only thing I dislike about all of this is the fact that Spoetnik and others trolls are still around.. If you are going to ban for trolling, you can't ignore the self-proclaimed king of the throne. Equal punishment for similar offenses, that way we have less ammo as a community to be recreationally outraged with. Cheesy

Nothing is more boring than watching sheep eat grass all day.

Throw in some wolves, and then you have something worth watching.  Wink



 Cool

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May 03, 2017, 10:09:04 AM
 #88

Btw, @Traxo and I both noticed you deleted one of his posts from this thread because you thought he was my sockpuppet.

Can confirm.

Posts like this still stand, while mine (with same quotation + additional replies) is deleted.
Another post (not mine) with same quotation was posted with "For posterity" message added, but is removed.
This was written after my post.
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May 03, 2017, 10:09:44 AM
Last edit: May 03, 2017, 10:49:40 AM by the_end_is_near
 #89

I just want to reiterate that I am totally at peace with not posting to BCT. I don't want to come back. I will not come back. I want to instead improve the paradigm, so that I can have what I think I want in a forum so as to be able to be more efficient and for moderation to be nonexclusive, unprivileged, and incorruptible.

I actually don't blame @mprep for the problem. He is just a follower, not a leader. And his attitude about political correctness and ego metrics is quite prevalent now amongst the millennials (even including up to many of the boomers). I don't blame him for being indoctrinated and ostensibly having his brain programmed by the culture and school system.

Frankly, until I have the features I want that can enable me to be more efficient on a forum, it is better for me to be banned so I don't waste time in this inefficient system we have now.

Similar to many of you, I learned a lot while on BCT. From my perspective, it served its purpose but I simply outgrew it. It's just time to create something that can grow with me to much higher levels.

And I think that is enough about me. Stop already please. Please stop petitioning for me.

Let's go into work mode and see if we can actually launch something and not just more and more and more talk.

^Technically he could start his own forum which could serve the same purpose without Theymos having to do anything at all.

Can you please stop with your nonsense already. I will create a decentralized forum. Can't you read  Huh

This thread has become so entertaining. My favorite part is when Shelby quotes that ego article. It's like he's so convinced he's an A-lister that he fails to comprehend what a real A-lister has to say on the matter. Anyone that is or is close to A-listers knows without a doubt that Shelby is nothing more than a wannabe b-lister lol.

Your post exemplifies the ego issues of b-listers enumerated in the essay. Here you are all elbows and acrimony trying to convince yourself that I am not A-lister. It won't work out well for you though.

@mprep
Why are you even wasting your time on this person. He doesn't have a life! This pointless argument can go on forever and just wastes your precious time.
It will be great when we have the decentralized forum and I can simply click delete and your useless noise disappears for me and my important and valued followers.
Your riff-raff useless cohorts will be inundated with all your noisy useless postings.

You are too dumb to even begin to understand how you are contradicting yourself and what you have been saying for days now Grin

Right on cue with the metronome, here comes all the offended b-lister riff-raff.

Again it will get much more peaceful at the top where we A-listers operate once I have the features I want in a decentralized forum.

You riff-raff will have no voice and no one important will ever see your posts. You'll be permanently relegated to "riff-raff" jail where all you riff-raff and can read each others' posts that no one important ever sees due to our expert moderation. Decentralized of course, so it will be a free market outcome. If you can convince others to choose your moderation choices, then so be it. I am fairly certain that A-listers won't be choosing to follow your moderation and posts. A free market competition is all I need to falsify who are the b-listers and who are the A-listers.
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May 03, 2017, 10:34:29 AM
 #90

@mprep
Why are you even wasting your time on this person. He doesn't have a life! This pointless argument can go on forever and just wastes your precious time.
It will be great when we have the decentralized forum and I can simply click delete and your useless noise disappears for me and my important and valued followers.
Your riff-raff useless cohorts will be inundated with all your noisy useless postings.

You are too dumb to even begin to understand how you are contradicting yourself and what you have been saying for days now Grin
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May 03, 2017, 11:37:04 AM
 #91

There is an ignore button, and there is no need for anything else.

If offended by troll then anyone can mute anyone else.

We don't need gatekeepers.

Even for bot spam, but that is more nuanced, most reasonable persons agree that a mechanism could exist to delete none human spammers.

banning is too controversial


Editing where and what is allowed on each board is still a right Mods can have.

That's power enough.

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May 03, 2017, 11:45:39 AM
 #92

@mprep
Why are you even wasting your time on this person. He doesn't have a life! This pointless argument can go on forever and just wastes your precious time.
I was just having some fun. Considering his last response, I feel my work here is done since it's no fun discussing with someone who not only keeps repeating himself but also ignores any explanation to his inaccurate accusations. Guess this month's "poke the pompous prick" carnival ride broke and I'll have to wait for the next one.


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May 03, 2017, 11:51:57 AM
 #93

I just want to reiterate that I am totally at peace with not posting to BCT. I don't want to come back. I will not come back.
And yet you keep coming back as you prove yourself over and over to be weak willed and lacking in any self control.

I will create a decentralized forum.
Not to mention completely unfocused. You have so little self control that you allow your emotions to take you away from focusing on your more important project.

Your post exemplifies the ego issues of b-listers enumerated in the essay. Here you are all elbows and acrimony trying to convince yourself that I am not A-lister. It won't work out well for you though.
Funny. You exhibit every single trait outlined in that article about b-listers. Real A-listers and those that associate regularly with real A-listers recognize you as a b-lister. Your actions alone show a complete lack of A-lister personality traits.  You know what they say. If it walks like a b-lister, if it spouts off like a b-lister, it is a b-lister.

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dinofelis
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May 03, 2017, 12:03:05 PM
 #94

dinofelis is the same guy (anonymint) same style, same talking points.

I don't know if I should take that as a compliment, or whether I should hurry seeking a psychiatrist  Grin

Seriously, I'm really not Shelby.  He's much more expert that I am, but he's also much more deluded than I am (and he considers me an idiot, which he would never think of himself).

To Shelby: go and do your thing now, that's much more important.
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May 03, 2017, 12:32:20 PM
 #95

dinofelis is the same guy (anonymint) same style, same talking points.

I don't know if I should take that as a compliment, or whether I should hurry seeking a psychiatrist  Grin

Seriously, I'm really not Shelby.  He's much more expert that I am, but he's also much more deluded than I am (and he considers me an idiot, which he would never think of himself).

To Shelby: go and do your thing now, that's much more important.


^
I'm more convinced than ever that you are.  Cheesy

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May 03, 2017, 03:02:54 PM
 #96


^
I'm more convinced than ever that you are.  Cheesy

If I am without knowing that myself, I REALLY need a psychiatrist !  Cheesy

Hell, how am I going to find out ?  Shocked
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May 03, 2017, 07:24:15 PM
Last edit: May 14, 2017, 05:39:19 AM by the_end_is_near
 #97


@mprep
Why are you even wasting your time on this person. He doesn't have a life! This pointless argument can go on forever and just wastes your precious time.
I was just having some fun. Considering his last response, I feel my work here is done since it's no fun discussing with someone who not only keeps repeating himself but also ignores any explanation to his inaccurate accusations. Guess this month's "poke the pompous prick" carnival ride broke and I'll have to wait for the next one.

Enjoy the inane, centralized control privilege that enables idiots (janitors who produce nothing and only burn books) to obstruct production, because the end is near of that nonsense clusterfuck arrangement. It is a typical behavior these days of debt-funded, socialism, entitled Westerners (especially high prevalence amongst the Millennials youth) to whirl away their time on lolz activities which produce nothing-at-all. Men have turned into females wherein they pay more attention to attitude than who can produce the most and wage war most effectively. I wrote that I don't really blame you for being a predicament of the dominant cultural and centralized technological paradigms, although self-responsibility dictates you will be victim of it if you don't find a way to break out of its deleterious effect on your brain.

I stumbled onto Szabo's Law of the Dominant Paradigm, and it is a reasonable conjecture and explanation for the value of the groupthink which is apparently enforced by Bitcoin's moderation policies as cited by @mprep.



Seriously, I'm really not Shelby.  He's much more expert that I am, but he's also much more deluded than I am (and he considers me an idiot, which he would never think of himself).

Since our debate/discussions got cut off by the ban, let's make this 100% clear so as to set the foundation for any future discussion between us, such as if we continue on any future decentralized forum.

I have already stated upthread that my hope would be to only engage you on a decentralized forum wherein I could "edit your posts" for brevity and "delete" your insolent posts when they are accusing me of being deluded based on your unfalsifiable and unprovable theory of the confirmation bias you allege I have due to my investment of my effort over the past years in blockchain research and my Bitnet project. As I explained, these moderation actions would only appear for those who had chosen to have their forum client software follow me as a moderator. All your posts would remain fully intact on the blockchain, and any reader could view them if they want to. So in no way would I propose a system wherein I could censor you, yet if I am a popular moderator, I can influence you to structure your discussion to be more concise and to avoid adversarial ad hominem allegations that can't be falsified. You've demonstrated a tendency to jump to false confidence, which requires great effort on my part of unravel all the details necessary to point this out factually. It is too much of a distraction from the main work I need to be doing, as you have also acknowledged as quoted below wherein you are encouraging me to focus on "do your thing".

We both have a high intellect; and I detect that your broad knowledge base is likely greater than mine considering you're probably an academic. Whereas, my highly specialized (maximum division-of-labor) knowledge base in blockchains and consensus algorithms is more high-end state-of-the-art than yours at the moment, simply because I've been intensely working in that area for past years. For example, before the mods cut me off, I was planning to explain why your conceptualization of proof-of-stake is incomplete or flawed. But that is another intensely detailed discussion and frankly it would be better to do it on the Bitnet forum wherein we want to compare the Bitnet consensus design to other technologies such as PoW and PoS. So actually it is better I got cut off for the time being, so I can focus on coding, not talking, debating, and explaining.

You're intense, haughty, insolent skepticism/pessimism/fatalism about the (lack of) importance of blockchains and Bitcoin (as well the similar insolent, haughty attitude that refuses to admit the possibility of a future worsening banking and economics crisis in Europe) is a major turnoff for me, because for example similar myopia presumably (most certainly) existed at the dawn of the Internet and the Great Depression and its ensuing Holocaust. You'll attribute my reaction to the confirmation bias you allege I have, yet my point as a visionary has always been to not miss the exponential change that humans can't detect in its nascent stages wherein for example aliasing error (remember the broken clock example upthread) would cause someone to presume that Bitcoin and blockchains are only about unregulated illegal activities, gambling and speculation. I think you're going to be eating humble pie at the rapid transformation of the importance of Bitcoin and blockchains over the coming years.

Your closed-mindedness (abuse of Occam's Razor and skepticism towards all major transformation, except for your religious devolution to Kurzweil's Singularity fatalistic sensationalism wherein man is destroyed) is a major turnoff for a visionary personality like mine. So any use of the word 'idiot' as a poor/lazy (need for concision) attempt to summarize the above, is more or less about aliasing error due to your personality traits. Whereas, although I do have a visionary leaning confirmation bias, I am very much open to facts which invalidate my perspective or theories. I have a very open-mind always receiving new data points and re-calibrating.

The timing of technological revolutions coincide with some key enabling factor. For example, the Second Industrial Revolution (mass production in factories) was enabled by the First Industrial Revolution (e.g. steel fabrication). Szabo has written extensively1 about enabling factors of the Second Agricultural Revolution and the subsequent industrial revolutions. The Internet made possible and even necessary to solve the problem of decentralized consensus, i.e. blockchains. This is a technological revolution in its nascent stage which is going to significantly transform the world.

That I put this much effort into clarifying this for you, means that I do acknowledge your high intellect, but it frustrates my interaction with you, that you combine that high intellect with a disrespect for the seriousness of my blockchain work (and thus you feel it is appropriate to consume my time on verbose diversionary debates as your recreational activity) and a haughty, fatalistic perspective on the fate of mankind. Szabo explained that the Singularity requires that the maximum division-of-labor be invalid. I was trying to explain this you before in our prior discussion on the Singularity. You have a high intellect but a very haughty, fatalistic, myopic, near-sighted, aliasing error bias. We necessarily can only exist in a relavistic universe, and thus there can't be any all encompassing superior intelligence. Any reference point which you try to use to compute your surety of the coming absolute superiority of machine intelligence is invalidated by the chaos of non-local hidden variables of in the unification of quantum mechanics and General relativity (macroscopic mechanics) via the relavistic quantum mechanics theory. Moreover, mankind exists because mankind perceives his existence. If you remove mankind, then perspective that creates the existence of the world that we currently perceive to be reality, will no longer be.

P.S. my Theory of Everything blog actually points out that time travel is realistic when we become purely information, i.e. there is some unification yet also contrast with the Singularity concept. Had to put that on the back burner for the time being. We really need to dive into relativistic quantum mechanics in future when the urgent blockchain work is completed. Note my health issue is fading away rapidly now, and is no longer a hindrance. I'm approaching age 52 in June, yet for the first time in years I did consecutive days of 12 x 75 meter 100% effort sprints. My former 4.5s 40 yard dash speed is coming back. Also I am feeling the crazy power to go out and want to run more sprints after 30 minute of rest. I had completely lost that during my TB infection. I have such crazy power coming now that I've been trading LTC non-stop for the past week or more without sleeping much more than a 1 hour cat nap here and there. And then go out and run 2kms following by 12 sprints without any sleep! That is what I was before the TB. My crazy intense athletics is back so I don't need this forum any more. I have an outlet now to release/satiate/regulate my high levels of dopamine.

1http://unenumerated.blogspot.com/2013/11/european-asian-divergence-predates.html
http://unenumerated.blogspot.com/2011/06/trotting-ahead-of-malthus.html
http://unenumerated.blogspot.com/2010/12/some-conjectures-and-facts-regarding.html
http://unenumerated.blogspot.com/2011/06/agricultural-consequences-of-black.html

To Shelby: go and do your thing now, that's much more important.

Indeed.
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May 03, 2017, 10:32:29 PM
Last edit: May 27, 2017, 01:11:39 AM by the_end_is_near
 #98

One more major issue about Bitcoin's coming transaction fees that needed to be clarified and was about to refute @Dorky, but got banned. So here is the missing information so @Dorky can hopefully understand his error:

But I am optimistic things will work out my way. My way is that both the whales and the non-whales will be transacting in the same blockchain each paying reasonable fee relative to their transaction value.

That is mathematically impossible if the block size remains 1MB, then there will be increasing transaction demand competing for limited block size space, thus miners must prioritize those transactions which pay the highest fees.

Since whales will have transactions which are say 1000 times higher in transferred value than minnows, so if whales are willing to pay 0.1% fee, then minnows will pay a 100% fee (i.e. they can't transact any more).

For example, when I withdraw BTC from Poloniex, Poloniex merges that output into a transaction with many outputs for other clients, thus one of Poloniex’s transactions can be worth much more than one individual’s.

If the miners have sole power to influence the fee, then even the whales (forget the non-whales that @iamnotback said will be forced out of the blockchain) will be forced to pay higher and even higher fee and compete among themselves to get confirmed to the point of total breakdown in the bitcoin economy. That's a very lousy game theory, I say.

At the point that miners are making too much profit off of whales, the whales are economically incentivized to rent hashrate, mine their own blocks, and pay the fees to themselves. Thus ultimately, the miners and the whales are economically the same entities.

Your reasoning/logic based on game theory is flawed/incomplete.

A dialogue...
Whale: I am not going to send you transaction if you charge me fee.
Miner A: Where will you send your transaction?
Whale: To miner B.
Miner B: So you want me to NOT charge you any fee?
Whale: Yes.
Miner B: And if I refuse?
Whale: I will take my business to miner C.
Miner C: What now?
Whale: Okay, I pay my fee to you.
Miner A & Miner B: Get lost!
Whale: Well, at least I still pay.
Miner A & Miner B: Bluffer!

The next whale (whale #2) shows up...
Whale 2: Hi! I am here to make a deal.
Miner A: Fuck off and die if it's about free transaction.
Whale 2: Urmmmm...... no. I pay.
Miner A: Good.

The whales and the miners are economically the same entities, per the math above. Your imaginary dialogue is complete nonsense from an economics analysis perspective.

And that is why I stated that the dolphins (the $millionaires) will be paying the fees for the whales. The whales will pay no fees. And the minnows will be kicked off the blockchain by the high fees.

My analysis was mathematically cogent. You simply couldn't visualize the math without me spelling it out for you ABCDEFG.
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May 03, 2017, 11:47:46 PM
 #99

I am shocked at this decision to ban him. I did not see any trollish posts. One of the reason I was attracted to these forums was because of the openness of discussion, which is not present in other places. Obviously it makes sense due to the culture of the cryptocommunity.

I'm sure this decision will negatively impact bitcointalk in the future more than iamnotback, who is being banned.
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May 04, 2017, 12:09:20 AM
 #100

I am shocked at this decision to ban him. I did not see any trollish posts. One of the reason I was attracted to these forums was because of the openness of discussion, which is not present in other places. Obviously it makes sense due to the culture of the cryptocommunity.

I'm sure this decision will negatively impact bitcointalk in the future more than iamnotback, who is being banned.

a huge number of sock puppets.  this guy literally loves to talk to himself.

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