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Question: Will you support Gavin's new block size limit hard fork of 8MB by January 1, 2016 then doubling every 2 years?
1.  yes
2.  no

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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1804197 times)
brg444
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Bitcoin replaces central, not commercial, banks


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November 21, 2014, 06:16:09 PM
 #17861

Blockstream has't yet been shown to have engaged in any impropriety arising from the conflicted interests.  How the conflict is managed will be telling.  I like the folks involved, and wish them every success with this.  I have confidence that they will find the right way to handle it.
So far the manner in which they are handling it is not encouraging.

https://www.reddit.com/r/Bitcoin/comments/2mqlcy/why_are_people_so_afraid_of_sidechains/cm6zg25

I take issue with this notion :

Quote
Blockstream now has a $21 million incentive to influence Bitcoin Core in ways that benefit their business model at the expence of other approaches.

How does adding SPVP comes at the expense of other approaches?

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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cypherdoc
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November 21, 2014, 06:48:04 PM
 #17862

I've been looking everywhere for this and someone finally found it for me. Thanks!

That was a brutal demonstration of heavy handedness displayed by those guys, gmax and lukejr. Fortunately, they were proven wrong in the end. The bitcoin.org press center  they were promoting got shot down, Ver got added to Andreas' new site,  and Matonis went on to serve 2y as TBF head. Justice got served.

https://github.com/bitcoin/bitcoin.org/pull/162#issuecomment-17151432
Melbustus
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November 21, 2014, 07:24:50 PM
 #17863

Not sure if this was posted yet:
Wences Casares' "What is Bitcoin" piece on LinkedIn?: https://www.linkedin.com/pulse/article/20141120164624-208991-what-is-bitcoin

Good broad perspective as always. Wences and Ted Rogers (both Xapo) put out consistently good bitcoin-as-money pieces. Just gotta help them out in the comments Wink


Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
But Bitcointalk & /r/bitcoin are heavily censored. bitco.in/forum, forum.bitcoin.com, and /r/btc are open.
Best info on Casascius coins: http://spotcoins.com/casascius
cypherdoc
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November 21, 2014, 07:35:58 PM
 #17864

I've been looking everywhere for this and someone finally found it for me. Thanks!

That was a brutal demonstration of heavy handedness displayed by those guys, gmax and lukejr. Fortunately, they were proven wrong in the end. The bitcoin.org press center  they were promoting got shot down, Ver got added to Andreas' new site,  and Matonis went on to serve 2y as TBF head. Justice got served.

https://github.com/bitcoin/bitcoin.org/pull/162#issuecomment-17151432

The really sad thing to note here is that those devs never relented to the majority opinion expressed in that GitHub thread. Sirius, the owner of bitcoin.org actually had to be contacted after 2 or so years of being in seclusion to resolve the dispute.

Martti Malmi, aka Sirius. He needs no introduction, but he is somewhat reclusive these days so it's not clear that he'd necessarily appreciate the nomination. Incidentally, he is the owner of the bitcoin.org domain.-Andreas

Sirius was shocked as to how these devs were ruling over his domain and immediately shut down their press center and demurred to Andreas'  new site.

And the other shocker? To this day, gmax sincerely believes he "won" that battle.  
marcus_of_augustus
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November 21, 2014, 08:00:32 PM
 #17865

Something interesting is happening, for the first time since July 2011 Bitcoin Difficulty is trending negative. (it's a little soon as the feed cost - energy is still well below the market price) 


Well noted. I think the last time this happened proved to be a huge buy signal? (Actually some delay after the difficulty turns up again).

Odalv
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November 21, 2014, 08:30:59 PM
 #17866

The side chain concept is meritorious in that it generates the innovation of a sort of reversible Proof-of-Burn for new coin emission.
Counterparty used Proof of Burn in their launch, and it seemed the right thing to do at the time, and I still like it, and it worked out.

The notion of "pegging" I think is damaging to the Side Chain effort.  Currency pegs always fail. (Argentina, Greece, China, etc)  They are using a discredited term for something novel that just might not ever fail in some implementations.  It is better than a peg and calling it a peg (or even a 2wp) is too faint of a descriptor.  I'd rather they use a newer more distinguishable term (even "crypto-pegging" would be better).

There are all sorts of problems that this can cause, and all sorts of problems that it can solve.  This thread has been one of the best places to sort through those.  The occasional wacky assertions are also useful.  It helps us realize that we are out here on the edge between what people know and what people don't yet know.

I am not at all certain of what the future of these will be, but this thread does provide some vistas of the possibilities.

some ppl think i have an agenda here.  that's simply not true.

for evidence, look at the title of this thread and its lifetime.  the title distills in 4 words my view of Bitcoin and my vision of how it should relate to the World.  i've poured everything i have into it so it should be no surprise where i stand.

Every ppl here can see what is your agenda. => Your agenda is to throw dirt on Blockstream b/c they are against your profit.
Odalv
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November 21, 2014, 08:31:55 PM
 #17867

Blockstream does indeed seem to have some pretty cultish notions.


geezuz krist.  have you ever seen gmax and lukejr behave in certain situations?  they're ridiculous.  techo-commies as JR says.

"geezuz krist" have spoken
Odalv
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November 21, 2014, 08:33:41 PM
 #17868

I've been looking everywhere for this and someone finally found it for me. Thanks!

That was a brutal demonstration of heavy handedness displayed by those guys, gmax and lukejr. Fortunately, they were proven wrong in the end. The bitcoin.org press center  they were promoting got shot down, Ver got added to Andreas' new site,  and Matonis went on to serve 2y as TBF head. Justice got served.

https://github.com/bitcoin/bitcoin.org/pull/162#issuecomment-17151432

lol, they were not
only you have been proven wrong endless times

Edit:
 - greedy clown
 - stupid idiot getting mad
 - dick
cypherdoc
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November 21, 2014, 08:39:58 PM
 #17869

The side chain concept is meritorious in that it generates the innovation of a sort of reversible Proof-of-Burn for new coin emission.
Counterparty used Proof of Burn in their launch, and it seemed the right thing to do at the time, and I still like it, and it worked out.

The notion of "pegging" I think is damaging to the Side Chain effort.  Currency pegs always fail. (Argentina, Greece, China, etc)  They are using a discredited term for something novel that just might not ever fail in some implementations.  It is better than a peg and calling it a peg (or even a 2wp) is too faint of a descriptor.  I'd rather they use a newer more distinguishable term (even "crypto-pegging" would be better).

There are all sorts of problems that this can cause, and all sorts of problems that it can solve.  This thread has been one of the best places to sort through those.  The occasional wacky assertions are also useful.  It helps us realize that we are out here on the edge between what people know and what people don't yet know.

I am not at all certain of what the future of these will be, but this thread does provide some vistas of the possibilities.

some ppl think i have an agenda here.  that's simply not true.

for evidence, look at the title of this thread and its lifetime.  the title distills in 4 words my view of Bitcoin and my vision of how it should relate to the World.  i've poured everything i have into it so it should be no surprise where i stand.

Every ppl here can see what is your agenda. => Your agenda is to throw dirt on Blockstream b/c they are against your profit.

My profit is the bitcoin that I own. In that sense I speak to protect the profits of all Bitcoiners.
cypherdoc
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November 21, 2014, 08:41:27 PM
 #17870

I've been looking everywhere for this and someone finally found it for me. Thanks!

That was a brutal demonstration of heavy handedness displayed by those guys, gmax and lukejr. Fortunately, they were proven wrong in the end. The bitcoin.org press center  they were promoting got shot down, Ver got added to Andreas' new site,  and Matonis went on to serve 2y as TBF head. Justice got served.

https://github.com/bitcoin/bitcoin.org/pull/162#issuecomment-17151432

lol, they were not
only you have been proven wrong endless times

Edit:
 - greedy clown
 - stupid idiot getting mad
 - dick


Odalv, you been drinking again?
Odalv
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November 21, 2014, 08:42:54 PM
 #17871

I've been looking everywhere for this and someone finally found it for me. Thanks!

That was a brutal demonstration of heavy handedness displayed by those guys, gmax and lukejr. Fortunately, they were proven wrong in the end. The bitcoin.org press center  they were promoting got shot down, Ver got added to Andreas' new site,  and Matonis went on to serve 2y as TBF head. Justice got served.

https://github.com/bitcoin/bitcoin.org/pull/162#issuecomment-17151432

lol, they were not
only you have been proven wrong endless times

Edit:
 - greedy clown
 - stupid idiot getting mad
 - dick


Odalv, you been drinking again?

I like to troll you. You are my favorite clown :-)
cypherdoc
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November 21, 2014, 08:49:27 PM
 #17872

I've been looking everywhere for this and someone finally found it for me. Thanks!

That was a brutal demonstration of heavy handedness displayed by those guys, gmax and lukejr. Fortunately, they were proven wrong in the end. The bitcoin.org press center  they were promoting got shot down, Ver got added to Andreas' new site,  and Matonis went on to serve 2y as TBF head. Justice got served.

https://github.com/bitcoin/bitcoin.org/pull/162#issuecomment-17151432

lol, they were not
only you have been proven wrong endless times

Edit:
 - greedy clown
 - stupid idiot getting mad
 - dick


Odalv, you been drinking again?

I like to troll you. You are my favorite clown :-)

Actually, I'd start drinking too if I realized the SC scam I was pushing so hard for was going up in smoke:

http://www.reddit.com/r/Bitcoin/comments/2mxa9s/gavin_andresen_bitcoin_foundation_pivot_wont/cm98ofn
brg444
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Bitcoin replaces central, not commercial, banks


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November 21, 2014, 08:56:23 PM
 #17873

I've been looking everywhere for this and someone finally found it for me. Thanks!

That was a brutal demonstration of heavy handedness displayed by those guys, gmax and lukejr. Fortunately, they were proven wrong in the end. The bitcoin.org press center  they were promoting got shot down, Ver got added to Andreas' new site,  and Matonis went on to serve 2y as TBF head. Justice got served.

https://github.com/bitcoin/bitcoin.org/pull/162#issuecomment-17151432

lol, they were not
only you have been proven wrong endless times

Edit:
 - greedy clown
 - stupid idiot getting mad
 - dick


Odalv, you been drinking again?

I like to troll you. You are my favorite clown :-)

Actually, I'd start drinking too if I realized the SC scam I was pushing so hard for was going up in smoke:

http://www.reddit.com/r/Bitcoin/comments/2mxa9s/gavin_andresen_bitcoin_foundation_pivot_wont/cm98ofn

nothing in that link supports your hyperbole.

you look a little panicked cypher. maybe you need to dose your med. this stress is doing you no good.

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
Odalv
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November 21, 2014, 08:56:39 PM
 #17874

I've been looking everywhere for this and someone finally found it for me. Thanks!

That was a brutal demonstration of heavy handedness displayed by those guys, gmax and lukejr. Fortunately, they were proven wrong in the end. The bitcoin.org press center  they were promoting got shot down, Ver got added to Andreas' new site,  and Matonis went on to serve 2y as TBF head. Justice got served.

https://github.com/bitcoin/bitcoin.org/pull/162#issuecomment-17151432

lol, they were not
only you have been proven wrong endless times

Edit:
 - greedy clown
 - stupid idiot getting mad
 - dick


Odalv, you been drinking again?

I like to troll you. You are my favorite clown :-)

Actually, I'd start drinking too if I realized the SC scam I was pushing so hard for was going up in smoke:

http://www.reddit.com/message/inbox/

Huh
do you really think that you are the center of universe ?
 - If you do not like SC do not use them.
 - no one cares what you will do. (if you do not want to understand then it is only your problem ... "I can help you, but I do need to push it so hard" :-) silly  )
cypherdoc
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November 21, 2014, 09:00:27 PM
 #17875

I've been looking everywhere for this and someone finally found it for me. Thanks!

That was a brutal demonstration of heavy handedness displayed by those guys, gmax and lukejr. Fortunately, they were proven wrong in the end. The bitcoin.org press center  they were promoting got shot down, Ver got added to Andreas' new site,  and Matonis went on to serve 2y as TBF head. Justice got served.

https://github.com/bitcoin/bitcoin.org/pull/162#issuecomment-17151432

lol, they were not
only you have been proven wrong endless times

Edit:
 - greedy clown
 - stupid idiot getting mad
 - dick


What's with you guys? What the hell proof have any of us presented? It's all opinion as even I can admit based on vaporware. Do you not have enough academic rigor or integrity to admit that?

What will settle this in the end is the validity of the arguments presented on balance. Not trolling, as is your latest strategy. You're digging yourself a hole.
cypherdoc
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November 21, 2014, 10:48:31 PM
 #17876

most of you are familiar with Jim Rickards' book, Currency Wars:



i submit that Bitcoin wants to position itself squarely in the middle of that War.  if it is allowed to continue with its Sound Money function, Bitcoin will win that War and send us to the Moon.
hdbuck
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November 21, 2014, 10:50:22 PM
 #17877

I've been looking everywhere for this and someone finally found it for me. Thanks!

That was a brutal demonstration of heavy handedness displayed by those guys, gmax and lukejr. Fortunately, they were proven wrong in the end. The bitcoin.org press center  they were promoting got shot down, Ver got added to Andreas' new site,  and Matonis went on to serve 2y as TBF head. Justice got served.

https://github.com/bitcoin/bitcoin.org/pull/162#issuecomment-17151432

oh wow. statists.
(did i see someone mentionned MP as press voice too?  Shocked Cheesy )

most of you are familiar with Jim Rickards' book, Currency Wars:

http://i.imgur.com/F23bcMQ.jpg

i submit that Bitcoin wants to position itself squarely in the middle of that War.  if it is allowed to continue with its Sound Money function, Bitcoin will win that War and send us to the Moon.

i would rather have bitcoin aside from this war.  not being used to the advantage of any camp. just chilling while fiat world consumes itself.
cypherdoc
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November 21, 2014, 11:19:20 PM
 #17878

Bitcoin Is the Next Chapter in the History of Money

http://www.newsmax.com/Finance/money-commodity-gold-bitcoin/2014/11/21/id/608793/
BitMos
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November 21, 2014, 11:24:28 PM
 #17879

the question is how much vlad is ready to buy, if it's a few bars I don't think it can move the price really much... and as he is already staked, and he mined I don't see how he could affect the price really much. Anyway it's the absolute reliquary of phirao time... I wouldn't stake in the same "currency" as phirao... I don't say it can't work a few gen, but long term it's doomed.

money is faster...
cypherdoc
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November 22, 2014, 12:26:26 AM
 #17880

would you prefer that Bitcoin particpate in the coming Currency Wars or get bogged down in trading SC speculative assets directly within the protocol?  remember, you want all this fiat to have to "buy in" to BTC, the currency unit:

Bring On the Currency Wars

http://blogs.wsj.com/moneybeat/2014/11/21/bring-on-the-currency-wars/

Finding it hard to stimulate domestic demand through cheap credit in a world of rock bottom interest rates, the next best solution central bankers have settled on is to generate growth by boosting net exports. And the way to do that is to devalue their currencies.
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