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Author Topic: -- The Riddle of the Twin Brothers - Who Were, Are and Will Rule the World!  (Read 368322 times)
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August 30, 2017, 08:37:26 PM
 #3301

is this genuine ?
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August 30, 2017, 09:26:23 PM
 #3302



Wait, what! My theory isn't included? --> https://en.wikipedia.org/wiki/James_Harris_Simons


James Harris "Jim" Simons founded Renaissance Technologies & Robert Mercer is the co-C.E.O. of Renaissance Technologies “Renaissance is the commercial version of the Manhattan Project”


Large number of big-name investors have pumped money into this company, including the founder of Renaissance Technologies https://www.wired.com/2016/12/7500-faceless-coders-paid-bitcoin-built-hedge-funds-brain/

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August 30, 2017, 10:00:40 PM
 #3303

Quote
Huh what?

I am not proposing infinitely sized blocks, so I obviously acknowledge the concept of a too-high limit as being plausible.

If you want to continue the conversation, please be very explicit about what problem you think needs solving, and how whatever solution you're proposing solves that problem.

We might agree or disagree on both of those points, but we won't have a productive conversation if you can't say what problem you are trying to solve.

To summarize my position: I see one big problem that need solving:

Supporting lots (millions, eventually billions) of people transacting in Bitcoin.
  Ideally at as low a cost as possible, as secure as possible, and in the most decentralized and censorship-resistant way possible.

It is hard to get consensus on HOW to solve that problem, because no solution is obviously lowest cost, most secure, and most decentralized all at the same time, and different people assign different weights to the importance of those three things.

My bias is to "get big fast" -- I think the only way Bitcoin thrives is for lots of people to use it and to be happy using it. If it is a tiny little niche thing then it is much easier for politicians or banks to smother it, paint it as "criminal money", etc. They probably can't kill it, but they sure could make life miserable enough to slow down adoption by a decade or three.

"Get big fast" has been the strategy for a few years now, ever since the project became too famous to fly under the radar of regulators or the mainstream press.

The simplest path to "get big fast" is allowing the chain to grow. All the other solutions take longer or compromise decentralization (e.g. off-chain transactions require one or more semi-trusted entities to validate those off-chain transactions). I'm listening very carefully to anybody who argues that a bigger chain will compromise security, and those concerns are why I am NOT proposing an infinite maximum block size.

There is rough consensus that the max block size must increase. I don't think there is consensus yet on exactly HOW or WHEN.









http://log.bitcoin-assets.com/?date=21-01-2015#986194

 "substitutes for Bitcoin are altcoins, sidechains, off-chain transactions, credit cards, wire transfers….."  http://log.bitcoin-assets.com/?date=21-01-2015#986357


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Gleb Gamow
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August 31, 2017, 04:25:20 AM
 #3304



Wait, what! My theory isn't included? --> https://en.wikipedia.org/wiki/James_Harris_Simons


James Harris "Jim" Simons founded Renaissance Technologies & Robert Mercer is the co-C.E.O. of Renaissance Technologies “Renaissance is the commercial version of the Manhattan Project”


Large number of big-name investors have pumped money into this company, including the founder of Renaissance Technologies https://www.wired.com/2016/12/7500-faceless-coders-paid-bitcoin-built-hedge-funds-brain/

Nice find, bud.
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August 31, 2017, 06:04:26 PM
 #3305

Nobody knows the future,not even Vlad. BTC Segwit could go to the moon or trash just like BTC cash.

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September 04, 2017, 12:40:06 PM
 #3306

Look at the price of alts now!
China just banned ICOs and everyone goes crazy dumping their coins.
Is this the end of ICOs?

     

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aretebit
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September 04, 2017, 01:31:12 PM
 #3307

Look at the price of alts now!
China just banned ICOs and everyone goes crazy dumping their coins.
Is this the end of ICOs?

The end? no.
It is a temporarily huge fall, but not the end.

China banned bitcoin before and now is regulated there. The same will happen with ICO's.

Dirty evil government thieves: Return me my money!
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September 04, 2017, 01:35:12 PM
 #3308

Sooner or later, without a legit company with legit assets that can back up the clients investment there will be no ICO.

Right now, ICO = scammy distribution model, not fair, not decentralized, not honest, against most of the principles that brought us together here.

My negative trust comes from gmaxwell and Lauda, it was given to me for spreading the word about Bitcoin SV. Do your due diligence before making conclusions.
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September 06, 2017, 11:12:56 AM
 #3309

Lets get back to the conspiracy stuff...


Quote
The fork is needed because otherwise some people won't be able to use Bitcoin.

Bitcoin isn't for everybody. Creating something useful that everyone can use is an exercise in trying to create something that's useful but worthless. Such a thing may exist, in the sense perpetuum mobile may exist. As far as the science of physics goes, they do not.

Should blocks ever become full, older coinbases will be prioritized over newer coinbases, and larger mining fees and transactions prioritized over smaller mining fees and smaller transactions. This means that someone who wishes to pay for very little with Bitcoin will be forced to use something else, so to speak is forced to "give his seat" to someone richer. This is exactly the point and the intent of Bitcoin : to force the poor to yield to the rich, unversally, as a matter of course.

Do you think BCC is going to be the real BTC then, even though it is forking? Is Craig Wright going to support Bitcoin Cash or another fork down the line?

Neither BCC nor any clone of Bitcoin can be the “Real Bitcoin” as so defined. Craig Wright in his desire to reject SegWit is a supporter of the real Bitcoin, but if he tries to fork the block size then he is basically writing free options.



Bitcoin probably already has a lock on the intrinsic value of a reserve currency for cryptocurrencies, and the medium-of-exchange to/from fiat. Thus I argue the worst outcome is to fork Bitcoin in August destroying the immutability which insures a 21 million coin limit (and I think all Bitcoin forks will fail because whales will protect the intrinsic value of Bitcoin).

I realize it is unsatisfying to Bitcoin fans if Bitcoin will not scale, but Bitcoin does not need to scale as it can be the on/off ramp to fiat and BTC saving for the altcoin that provides scaling,. Since there will likely be many such competing altcoins, then BTC remains the common denominator for investing in the crypto sector, i.e. the reserve currency of cryptocurrency.


Even if Bitcoin was forked to add some weak ass non-scaling lie, it will still never be that cryptocurrency that provides the breakthrough I am alluding to above. For that, we need competition and experimentation amongst altcoins (not forking the BTC unit into chaotic confusion). Thus we need a stable reserve cryptocurrency and that is Bitcoin. We have it, so no benefit in destroying it whilst trying to make it be something it can not be. Transaction fees will go up on-chain, so eventually those who can not afford have to move to an exchange or an altcoin. That drives a market need for altcoins to compete for the best solution.



The minnows are entirely worthless and insignificant. As usual, the sheep are pushed out on to the regulated farm so they can be harvested for economic parasitism by the shadow elite.
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September 06, 2017, 03:11:35 PM
 #3310

Look at the price of alts now!
China just banned ICOs and everyone goes crazy dumping their coins.
Is this the end of ICOs?

No i disagree, ICOs will never be gone, even if the majority will go away new ones will come. So don't worry

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September 07, 2017, 11:03:46 PM
 #3311


Lets get back to the conspiracy stuff...


Haha, this got me laughing.  I'm having some personal issues but I hope to be back to regular programming soon.  Smiley



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September 07, 2017, 11:09:59 PM
 #3312

Look at the price of alts now!
China just banned ICOs and everyone goes crazy dumping their coins.
Is this the end of ICOs?

No i disagree, ICOs will never be gone, even if the majority will go away new ones will come. So don't worry

The problem with ICO's is that eventually only one currency will rule them all.  So they can't keep coming unless they morph into something like shares of a corporation. 

Once this crypto war is over the winner (the real Bitcoin) will completely take over and then your only other chance will be an alt which will be used as a sidechain.  I would focus on the older coins as the best chances for a sidechain winner, like IX or I0. 

As for the "real" Bitcoin that will emerge from this war and run past $500k...

Follow the star...


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September 08, 2017, 06:24:59 AM
 #3313

Look at the price of alts now!
China just banned ICOs and everyone goes crazy dumping their coins.
Is this the end of ICOs?

No i disagree, ICOs will never be gone, even if the majority will go away new ones will come. So don't worry

The problem with ICO's is that eventually only one currency will rule them all.  So they can't keep coming unless they morph into something like shares of a corporation. 

Once this crypto war is over the winner (the real Bitcoin) will completely take over and then your only other chance will be an alt which will be used as a sidechain.  I would focus on the older coins as the best chances for a sidechain winner, like IX or I0. 

As for the "real" Bitcoin that will emerge from this war and run past $500k...

Follow the star...



This is indeed genius - promoting/selling your favorite coin on uncertainty, fear and possible worst case scenarios. Well done, Vlad2Vlad,  seriously, no pun intended.

My negative trust comes from gmaxwell and Lauda, it was given to me for spreading the word about Bitcoin SV. Do your due diligence before making conclusions.
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September 08, 2017, 03:11:23 PM
 #3314

Look at the price of alts now!
China just banned ICOs and everyone goes crazy dumping their coins.
Is this the end of ICOs?

No i disagree, ICOs will never be gone, even if the majority will go away new ones will come. So don't worry

The problem with ICO's is that eventually only one currency will rule them all.  So they can't keep coming unless they morph into something like shares of a corporation. 

Once this crypto war is over the winner (the real Bitcoin) will completely take over and then your only other chance will be an alt which will be used as a sidechain.  I would focus on the older coins as the best chances for a sidechain winner, like IX or I0. 

As for the "real" Bitcoin that will emerge from this war and run past $500k...

Follow the star...



This is indeed genius - promoting/selling your favorite coin on uncertainty, fear and possible worst case scenarios. Well done, Vlad2Vlad,  seriously, no pun intended.

Wow! That model would go hand-in-hand with my model of a new coin that I just penned on another thread:


Here's a new model to consider: Sell a newly created PoS crypto by the gram where you'll earn X%/day; for a higher return, purchase by the ounce; ... don't get ahead of me ... ; likewise, by the pound for an even greater return; and for whale investors, they'll purchase by the kilo, with the richest whale purchasing by the planeload (different plane than used for the airdrop of new coinage).

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September 08, 2017, 03:43:40 PM
 #3315

Some dood said this not so long back but cant remember who,when or where.Does it make any sense to you highly intelligent specimens?

  
Quote
TRB now WILL accept segwit blocks, but it will not parse the segwit'd portion as anything other than "anyone can spend"

As I gave specific instructions like 2 months ago, Segwit on BTC will get exploited and people are gonna lose their coins.  Simple math.  Simple logic.  Yet somehow everyone avoids the truth.  

Then I step in.

See that?!?!

If SegWit was easily exploitable, I am pretty sure that it already would be exploited as it has been operating for multiple days now. I think it is amazing that the fees have decreased so much so fast because of SegWit. It is like Bitcoin has been reborn. Smiley
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September 08, 2017, 07:20:31 PM
 #3316

Look at the price of alts now!
China just banned ICOs and everyone goes crazy dumping their coins.
Is this the end of ICOs?

No i disagree, ICOs will never be gone, even if the majority will go away new ones will come. So don't worry

The problem with ICO's is that eventually only one currency will rule them all.  So they can't keep coming unless they morph into something like shares of a corporation. 

Once this crypto war is over the winner (the real Bitcoin) will completely take over and then your only other chance will be an alt which will be used as a sidechain.  I would focus on the older coins as the best chances for a sidechain winner, like IX or I0. 

As for the "real" Bitcoin that will emerge from this war and run past $500k...

Follow the star...


EMC2 vs. BBQcoin Wink lel

https://poloniex.com/exchange#btc_emc2



#makebitcointalkgreatagain-_-*my posts are strictly for entertainment purposes only. It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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September 10, 2017, 05:14:26 PM
 #3317

"to hide the signal you must generate noise". -Some Dood
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September 10, 2017, 06:05:01 PM
 #3318

"to hide the signal you must generate noise". -Some Dood

I like that.

And there is lots of noise right now distracting 99% of the game participants.  Then they'll whine about why aren't they the 1%. 

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September 10, 2017, 06:07:49 PM
 #3319



This is indeed genius - promoting/selling your favorite coin on uncertainty, fear and possible worst case scenarios. Well done, Vlad2Vlad,  seriously, no pun intended.

Thanks.  lol

I attack every angle I see and I try be honest and forthright about it.  I'm trying to offer the best solution and Not looking for a pump and dump.

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September 10, 2017, 08:07:38 PM
 #3320



This is indeed genius - promoting/selling your favorite coin on uncertainty, fear and possible worst case scenarios. Well done, Vlad2Vlad,  seriously, no pun intended.

Thanks.  lol

I attack every angle I see and I try be honest and forthright about it.  I'm trying to offer the best solution and Not looking for a pump and dump.

Are we talkin' "pump and dump" or pump near the dump?

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