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Author Topic: [ANN] [BSV] [Bitcoin SV] Original Satoshi Vision (Old Thread)  (Read 82039 times)
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September 17, 2019, 04:09:23 PM
 #1321

With Scaling there is no need for them any-longer, obsolete. The power of big blocks

"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling."  Satoshi Nakamoto, April 2009          Avoiding taxes is totally legal if you consider and respect the law.
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September 18, 2019, 06:51:13 AM
 #1322

^ oh they're scared of Libra? that's hilarious. we aren't lol. it's a shitcoin. like bsv

I wonder how u ever could compare libra with BitCoin - is there some Zucki u have to ask for permission to join / pay him 10Mio USD ? Is Libra PoW ? Is it bottum up ?

But thx for brining that one up


BTW : BSV is BitCoin just clean & working from 2009 -> and no segwit .  How can this be shit?

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September 18, 2019, 07:10:42 AM
 #1323


I say - only trusted services should run and care about CRITICAL IT infrastructure - esp if it aims for  

       >> GLOBAL FINANCE  ( yes banks, govs, exchanges, merchants ALL INCLUDED = GLOBAL).

I m sure u do not want anyone's money depend on how twitter trolls will collude and decide  on the next CODE FUCK UP like segshit or NO2X next time.  This is utterly LOL - like RBF and many more 'TROLL FEATURES' inside a global finance protocol !

  


You just described XRP  Grin
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September 18, 2019, 07:22:27 AM
 #1324


I say - only trusted services should run and care about CRITICAL IT infrastructure - esp if it aims for  

       >> GLOBAL FINANCE  ( yes banks, govs, exchanges, merchants ALL INCLUDED = GLOBAL).

I m sure u do not want anyone's money depend on how twitter trolls will collude and decide  on the next CODE FUCK UP like segshit or NO2X next time.  This is utterly LOL - like RBF and many more 'TROLL FEATURES' inside a global finance protocol !

  


You just described XRP  Grin

NOPE - u got it that way - but wrong. XRP is not global at all and is a scam coin / must be registered as security. It's just created out of thin air with no PoW at all.

Carpe diem  -  understand the White Paper and mine honest.
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw  -  https://metanet.icu/
The simple way is the genius way - in Moore's Law and Satoshi's WP we trust.
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September 18, 2019, 07:32:52 AM
 #1325


I say - only trusted services should run and care about CRITICAL IT infrastructure - esp if it aims for  

       >> GLOBAL FINANCE  ( yes banks, govs, exchanges, merchants ALL INCLUDED = GLOBAL).

I m sure u do not want anyone's money depend on how twitter trolls will collude and decide  on the next CODE FUCK UP like segshit or NO2X next time.  This is utterly LOL - like RBF and many more 'TROLL FEATURES' inside a global finance protocol !

  


You just described XRP  Grin

NOPE - u got it that way - but wrong. XRP is not global at all and is a scam coin / must be registered as security. It's just created out of thin air with no PoW at all.

Its indeed created like any other ICO, just with long sale period...but then again, big chunk of BCH and BSV is created the same way...out of thin air,
piggybacking on BTC success
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September 18, 2019, 10:10:45 AM
 #1326

Now fraudtoshi aka Craig Wright writes shit about Hal Finney

https://twitter.com/MyLegacyKit/status/1173953365342117893 (thanks again to Arthur Van Pelt)


Finney was arguably the major contributor to PGP, so his coding skills were top notch.

See what he wrote about Bitcoin, and we KNOW he mined Bitcoin very early.



What did Satoshi think about Finney ?


Two humble ultra skilled coders with mountains of respect for each other. Just the opposite of the fraud wannabe Satoshi.

Thx - nice to see - but u ve proven just nothing - except maybe that Hal was hired by Satoshi - and he got into the stuff - but not as close as Satoshi might ve liked to.

And again - BSV does not need both - its protocol is locked up - no Need for central governance like for any other shitcoin on the plantet.

How good is that?

That's BitCoin

Carpe diem  -  understand the White Paper and mine honest.
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw  -  https://metanet.icu/
The simple way is the genius way - in Moore's Law and Satoshi's WP we trust.
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September 18, 2019, 11:59:13 AM
 #1327


I say - only trusted services should run and care about CRITICAL IT infrastructure - esp if it aims for  

       >> GLOBAL FINANCE  ( yes banks, govs, exchanges, merchants ALL INCLUDED = GLOBAL).

I m sure u do not want anyone's money depend on how twitter trolls will collude and decide  on the next CODE FUCK UP like segshit or NO2X next time.  This is utterly LOL - like RBF and many more 'TROLL FEATURES' inside a global finance protocol !

  


You just described XRP  Grin

NOPE - u got it that way - but wrong. XRP is not global at all and is a scam coin / must be registered as security. It's just created out of thin air with no PoW at all.

Its indeed created like any other ICO, just with long sale period...but then again, big chunk of BCH and BSV is created the same way...out of thin air,
piggybacking on BTC success

Segwit was created out of thin air - sorry.

BSV is just locked down Bitcoin from 2009

For Libra, as u might need to learn, watch  FT

https://www.youtube.com/watch?v=gblzpAzikMA

btc is also not the real blockchain any more.


Carpe diem  -  understand the White Paper and mine honest.
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw  -  https://metanet.icu/
The simple way is the genius way - in Moore's Law and Satoshi's WP we trust.
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September 18, 2019, 12:53:37 PM
 #1328

The Fed is rushing 53 billion dollars of liquidity into the financial system.

Markets were caught in a "perfect storm" on Tuesday, forcing the U.S. Federal Reserve to intervene for the first time in ten years.
This is the kind of emergency response that brings back bad memories, those of the 2008 financial crisis. The US Federal Reserve (Fed, central bank) was forced to inject $53 billion (€48 billion) of liquidity into the financial system on Tuesday morning to contain the level of interest rates on the repurchase market.

This market allows cash-strapped institutions to find the funds they need to spend the night, by temporarily selling securities in exchange, most often treasury bills. Repurchase operations are low-risk and are financed at rates that are expected to move in the same direction as those of the Fed, within a range of between 2% and 2.25%.

But these repo rates have tightened sharply, reaching 6% on Monday afternoon and 10% on Tuesday morning. Financial markets have been caught in what the Financial Times calls a "perfect storm", forcing the Fed to intervene for the first time in ten years. Clearly, there was no longer any money at a reasonable price and the Central Bank of New York had to make 75 billion dollars of liquidity available urgently (53 billion dollars were consumed).
There are many explanations: first, American companies had to pay their taxes on September 15, which reduced the amount of dollars available. Then, the U.S. Treasury, whose deficits are soaring, held auctions that were supposed to be settled on Monday for $78 billion, and the banks, by subscribing to them, had to consume their reserves in dollars. Finally, the same Treasury had an extremely low level of reserves with the Fed ($184 billion on September 11, compared to an average of $400 billion since 2015) and it would have been tempted to increase the level of its bank account after the debt ceiling was raised by Congress.

This would explain the crisis. According to a source close to the central bankers, it is assured that this is a technical problem and that there are no hidden wolves. Rates had returned to their normal level on Tuesday afternoon.
Nevertheless, the case raises concerns, as the Fed closes its two-day meetings on Wednesday, September 18. A debate is starting to take place as to whether there is enough liquidity in the financial system.

Since the 2008 crisis, the Monetary Institution had bought the banks' claims (the famous quantitative easing) to maintain liquidity in the markets, but it has since reversed its course and reduced the number of securities in its portfolio. As a result, banks have less cash reserves available from the Fed (USD 1,300 billion compared to USD 2,900 billion in 2014), making them more vulnerable to a sudden need for liquidity. Interventions of this type were frequent before the 2008 crisis," says French economist Thomas Philippon, a professor at New York University.

Finally, the Financial Times explores a final possibility, that of the recent ups and downs on the black gold market that could have created a market effect. In addition, there is the problem of Saudi Arabia, the kingdom being partially deprived of dollar revenues with the temporary paralysis of its oil installations. To meet its expenses, Riyadh could have drawn on its dollar reserves.

In any case, the case shows the nervousness of the financial markets despite the accommodating policy of the central banks.


Let us look at it positively, these 53 billion will most probably be squandered in the crypto world BSV - CLOAK - CROWN and others...
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September 18, 2019, 12:55:36 PM
 #1329

The Fed is rushing 53 billion dollars of liquidity into the financial system.

Markets were caught in a "perfect storm" on Tuesday, forcing the U.S. Federal Reserve to intervene for the first time in ten years.
This is the kind of emergency response that brings back bad memories, those of the 2008 financial crisis. The US Federal Reserve (Fed, central bank) was forced to inject $53 billion (€48 billion) of liquidity into the financial system on Tuesday morning to contain the level of interest rates on the repurchase market.

This market allows cash-strapped institutions to find the funds they need to spend the night, by temporarily selling securities in exchange, most often treasury bills. Repurchase operations are low-risk and are financed at rates that are expected to move in the same direction as those of the Fed, within a range of between 2% and 2.25%.

But these repo rates have tightened sharply, reaching 6% on Monday afternoon and 10% on Tuesday morning. Financial markets have been caught in what the Financial Times calls a "perfect storm", forcing the Fed to intervene for the first time in ten years. Clearly, there was no longer any money at a reasonable price and the Central Bank of New York had to make 75 billion dollars of liquidity available urgently (53 billion dollars were consumed).
There are many explanations: first, American companies had to pay their taxes on September 15, which reduced the amount of dollars available. Then, the U.S. Treasury, whose deficits are soaring, held auctions that were supposed to be settled on Monday for $78 billion, and the banks, by subscribing to them, had to consume their reserves in dollars. Finally, the same Treasury had an extremely low level of reserves with the Fed ($184 billion on September 11, compared to an average of $400 billion since 2015) and it would have been tempted to increase the level of its bank account after the debt ceiling was raised by Congress.

This would explain the crisis. According to a source close to the central bankers, it is assured that this is a technical problem and that there are no hidden wolves. Rates had returned to their normal level on Tuesday afternoon.
Nevertheless, the case raises concerns, as the Fed closes its two-day meetings on Wednesday, September 18. A debate is starting to take place as to whether there is enough liquidity in the financial system.

Since the 2008 crisis, the Monetary Institution had bought the banks' claims (the famous quantitative easing) to maintain liquidity in the markets, but it has since reversed its course and reduced the number of securities in its portfolio. As a result, banks have less cash reserves available from the Fed (USD 1,300 billion compared to USD 2,900 billion in 2014), making them more vulnerable to a sudden need for liquidity. Interventions of this type were frequent before the 2008 crisis," says French economist Thomas Philippon, a professor at New York University.

Finally, the Financial Times explores a final possibility, that of the recent ups and downs on the black gold market that could have created a market effect. In addition, there is the problem of Saudi Arabia, the kingdom being partially deprived of dollar revenues with the temporary paralysis of its oil installations. To meet its expenses, Riyadh could have drawn on its dollar reserves.

In any case, the case shows the nervousness of the financial markets despite the accommodating policy of the central banks.


Let us look at it positively, these 53 billion will most probably be squandered in the crypto world BSV - CLOAK - CROWN and others...

Pls be serious - there is no reason why that should happen at all.


Carpe diem  -  understand the White Paper and mine honest.
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw  -  https://metanet.icu/
The simple way is the genius way - in Moore's Law and Satoshi's WP we trust.
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September 18, 2019, 01:35:05 PM
 #1330

^ oh they're scared of Libra? that's hilarious. we aren't lol. it's a shitcoin. like bsv
Every private company in the past creating money was shut down sooner or later. Are you aware of any special privileges which differences FB from other private company's. Secondary as you need gov ID for wallet who exactly is verifying Mark on top of this pyramid scheme has friends, you or is he god and does not need verifying?
This is not even close to be shitcoin its a flat out scam one person can see everything you do, you can not see anything he is doing.

Liberty Reserve was operating for over 11 years had over a million costumers and was centralized, but more decentralized then any cryptocoin today and it was closed.

"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling."  Satoshi Nakamoto, April 2009          Avoiding taxes is totally legal if you consider and respect the law.
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September 18, 2019, 02:15:56 PM
 #1331

Pls be serious - there is no reason why that should happen at all.

if we no longer have the right to dream, then where the world is going Cry
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September 18, 2019, 05:34:57 PM
 #1332

Pls be serious - there is no reason why that should happen at all.

if we no longer have the right to dream, then where the world is going Cry

You decided to not go the path of a philosopher. U will not find the truth if u believe into dreams

Carpe diem  -  understand the White Paper and mine honest.
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw  -  https://metanet.icu/
The simple way is the genius way - in Moore's Law and Satoshi's WP we trust.
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September 18, 2019, 07:01:23 PM
 #1333

Pls be serious - there is no reason why that should happen at all.

if we no longer have the right to dream, then where the world is going Cry

You decided to not go the path of a philosopher. U will not find the truth if u believe into dreams

"When you have several choices ahead of you (...) and you can't decide, always take the path that requires the most boldness" by Ronald Wright.

I have to persevere but I chose BSV - CLOAK and CROWN among all the others. I remain enthusiastic because these "teams" carry in themselves a kind of chaos to bring a "dancing stars" into the world. I have no doubt that there will come a time to rekindle the stars.
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September 19, 2019, 02:44:14 AM
Merited by vapourminer (1)
 #1334















"People are not relevant too much?" Looks like you guys are trying to distance yourselves from Calvin and Craig.  Grin

Looks like the tech has issues chief......might want to speak to the "devs".

Nice scam, make a wallet that doesn't allow withdrawals thats one way to burn coins out of the exchanges. Smiley

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September 19, 2019, 08:47:06 AM
 #1335















"People are not relevant too much?" Looks like you guys are trying to distance yourselves from Calvin and Craig.  Grin

Looks like the tech has issues chief......might want to speak to the "devs".

Nice scam, make a wallet that doesn't allow withdrawals thats one way to burn coins out of the exchanges. Smiley

There is always the option of boycott, other wallets exist, like https://simply.cash/
If major issues WeiBlock.app would be full of complaints

"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling."  Satoshi Nakamoto, April 2009          Avoiding taxes is totally legal if you consider and respect the law.
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September 19, 2019, 09:08:00 AM
 #1336















"People are not relevant too much?" Looks like you guys are trying to distance yourselves from Calvin and Craig.  Grin

Looks like the tech has issues chief......might want to speak to the "devs".

Nice scam, make a wallet that doesn't allow withdrawals thats one way to burn coins out of the exchanges. Smiley

There is always the option of boycott, other wallets exist, like https://simply.cash/
If major issues WeiBlock.app would be full of complaints



.  aaand it s very easy to distinguish trolls from constructive critics   Grin

Carpe diem  -  understand the White Paper and mine honest.
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw  -  https://metanet.icu/
The simple way is the genius way - in Moore's Law and Satoshi's WP we trust.
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September 19, 2019, 10:29:01 AM
 #1337

A flaw detected in SIM cards exploited more than 1 billion potential targets. S@T Browser. Integrated in most chips. Be careful with your data and Auty google Auth, wallets keys... because still not fixed. That through this flaw it is largely possible to "inject" anything as code like a backdoors or keylogger for example.
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September 19, 2019, 10:44:16 AM
 #1338

SV blocksize and mining profitability continue to dominate.

https://sv.coin.dance
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September 19, 2019, 11:59:50 AM
 #1339

What happens if u dev & sell shit in the space ( not only crypto ...) :

https://www.coindesk.com/doj-brings-extortion-charges-against-early-advisor-to-ethereum-tzero

https://twitter.com/notgrubles/status/1174408215674728449?s=19

Carpe diem  -  understand the White Paper and mine honest.
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw  -  https://metanet.icu/
The simple way is the genius way - in Moore's Law and Satoshi's WP we trust.
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September 21, 2019, 06:15:07 AM
Last edit: September 21, 2019, 11:34:11 AM by hv_
 #1340

Update on many new projects from Winner

https://mobile.twitter.com/BitcoinAssn/status/1174737468224147456

Edit: one detailed one about bootstrapping

https://youtu.be/JUV3u-jGhXQ

Carpe diem  -  understand the White Paper and mine honest.
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw  -  https://metanet.icu/
The simple way is the genius way - in Moore's Law and Satoshi's WP we trust.
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