Gold collapsing. Bitcoin UP.

[cypherdoc]

https://twitter.com/cypherdoc2/status/541277736267186176

Same here. what am I doing wrong?

I guess you need to follow him on Twitter.

Yup that would be likely the problem. Never was a problem before. 

Gornick keeps having to remind me to stop  accidentally protecting my tweets. Try now.

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[sidhujag]

I know buterin and larimer met up in vegas this yr and larimer convinced buterik about dpos maybe now is when they switch.. another notch under the belt for
bitshares

I see that as a  negative.

Bitshares had had to change itself several times for flawed assumptions. DPOS probably won't be any better than POS. And the fact that Vitalik was meeting with and changing its own model just this summer goes to show just how incoherent their whole concept is a well.

Flawed assumptions? I guess nature is based on flawed assumptions for allowing evolution to happen.

[cypherdoc]

I know buterin and larimer met up in vegas this yr and larimer convinced buterik about dpos maybe now is when they switch.. another notch under the belt for
bitshares

I see that as a  negative.

Bitshares had had to change itself several times for flawed assumptions. DPOS probably won't be any better than POS. And the fact that Vitalik was meeting with and changing its own model just this summer goes to show just how incoherent their whole concept is a well.

Flawed assumptions? I guess nature is based on flawed assumptions for allowing evolution to happen.

Or it just never works at all.

[cypherdoc]

really good discussion on SOV, swaps, wealth transfer, and creative destruction:

https://epicenterbitcoin.com/podcast/055/

[NewLiberty]

This is gonna be fun... When you buy one of his books on his site, you can get a "custom inscription" which it sounds like Jim personally hand-writes on the book. So I'll be buying one with a personal inscription regarding bitcoin that'll be utterly painful for Jim to write.

I'm taking suggestions. It can be up to 150 words.

Rickards has a fairly rational position on Bitcoin.
If you have read much of his works, he thinks Bitcoin is a good thing, understands its merits, and the basics of what it is, but he is not (yet) one of us crazy optimists that expect that it will both catch on someday... and that it can also save the world.  Many here take it for granted that it will do both and don't see the very long and embattled road ahead leading toward that goal.  Others are engaged in the sometimes very hard work of moving closer toward that goal.

[NewLiberty]

https://twitter.com/cypherdoc2/status/541277736267186176

Same here. what am I doing wrong?

I guess you need to follow him on Twitter.

Yup that would be likely the problem. Never was a problem before. 

Gornick keeps having to remind me to stop  accidentally protecting my tweets. Try now.

Gornick is a good guy.   While he is at it, maybe he can fix Rickards too... and get him to stop using the #bictoin hashtag and use #bitcoin instead. 

[justusranvier]

This would have never happened a year ago:

https://twitter.com/JustusRanvier/status/541431742578434048

[sidhujag]

I know buterin and larimer met up in vegas this yr and larimer convinced buterik about dpos maybe now is when they switch.. another notch under the belt for
bitshares

I see that as a  negative.

Bitshares had had to change itself several times for flawed assumptions. DPOS probably won't be any better than POS. And the fact that Vitalik was meeting with and changing its own model just this summer goes to show just how incoherent their whole concept is a well.

Flawed assumptions? I guess nature is based on flawed assumptions for allowing evolution to happen.

Or it just never works at all.

Define works

[cypherdoc]

MACD cross on weekly:

[thezerg]

I know buterin and larimer met up in vegas this yr and larimer convinced buterik about dpos maybe now is when they switch.. another notch under the belt for
bitshares

I see that as a  negative.

Bitshares had had to change itself several times for flawed assumptions. DPOS probably won't be any better than POS. And the fact that Vitalik was meeting with and changing its own model just this summer goes to show just how incoherent their whole concept is a well.

Flawed assumptions? I guess nature is based on flawed assumptions for allowing evolution to happen.

Or it just never works at all.

Define works

Worse than that.  I found that he lacks the fundamental mental techniques needed to objectively assess an idea.  Just read the bitshares white paper.  It is (or at least was) a lot of wishes and hand waving.  I cant believe he got money... just goes to show that its more abt who u know.

[cypherdoc]

I know buterin and larimer met up in vegas this yr and larimer convinced buterik about dpos maybe now is when they switch.. another notch under the belt for
bitshares

I see that as a  negative.

Bitshares had had to change itself several times for flawed assumptions. DPOS probably won't be any better than POS. And the fact that Vitalik was meeting with and changing its own model just this summer goes to show just how incoherent their whole concept is a well.

Flawed assumptions? I guess nature is based on flawed assumptions for allowing evolution to happen.

Or it just never works at all.

Define works

i've said before that it's possible that the blockchain may only be applicable to Bitcoin as money.  perhaps if the Bitcoin price gets so high that it becomes impractical or expensive to embed Bitshare stock certificates into an OP_RETURN.  or simply that the core devs continue to restrict competition from Bitcoin 2.0 platforms like they did to Satoshi Dice and CP.  i'm not saying this is necessarily how it will play out but simply a scenario that needs to be considered.

[justusranvier]

perhaps if the Bitcoin price gets so high that it becomes impractical or expensive to embed Bitshare stock certificates into an OP_RETURN. 

Easily fixable.

Make 1 satoshi equal to more than one share of stock.

[sidhujag]

I know buterin and larimer met up in vegas this yr and larimer convinced buterik about dpos maybe now is when they switch.. another notch under the belt for
bitshares

I see that as a  negative.

Bitshares had had to change itself several times for flawed assumptions. DPOS probably won't be any better than POS. And the fact that Vitalik was meeting with and changing its own model just this summer goes to show just how incoherent their whole concept is a well.

Flawed assumptions? I guess nature is based on flawed assumptions for allowing evolution to happen.

Or it just never works at all.

Define works

i've said before that it's possible that the blockchain may only be applicable to Bitcoin as money.  perhaps if the Bitcoin price gets so high that it becomes impractical or expensive to embed Bitshare stock certificates into an OP_RETURN.  or simply that the core devs continue to restrict competition from Bitcoin 2.0 platforms like they did to Satoshi Dice and CP.  i'm not saying this is necessarily how it will play out but simply a scenario that needs to be considered.

Well satoshi did say this however maybe he meant for these techs not to use btc chain as it would convolute its purpose but i strongly disagree that blockchain technology should only be used for money. Bitcoin? Yes... Another chain? No

The value of the currency of bitcoin causes no impracticallity for this particular technology which simply use bitcoin as an on or off ramp to its ecosystem

Maybe this has implications for counterparty?

[cypherdoc]

I know buterin and larimer met up in vegas this yr and larimer convinced buterik about dpos maybe now is when they switch.. another notch under the belt for
bitshares

I see that as a  negative.

Bitshares had had to change itself several times for flawed assumptions. DPOS probably won't be any better than POS. And the fact that Vitalik was meeting with and changing its own model just this summer goes to show just how incoherent their whole concept is a well.

Flawed assumptions? I guess nature is based on flawed assumptions for allowing evolution to happen.

Or it just never works at all.

Define works

i've said before that it's possible that the blockchain may only be applicable to Bitcoin as money.  perhaps if the Bitcoin price gets so high that it becomes impractical or expensive to embed Bitshare stock certificates into an OP_RETURN.  or simply that the core devs continue to restrict competition from Bitcoin 2.0 platforms like they did to Satoshi Dice and CP.  i'm not saying this is necessarily how it will play out but simply a scenario that needs to be considered.

Well satoshi did say this however maybe he meant for these techs not to use btc chain as it would convolute its purpose but i strongly disagree that blockchain technology should only be used for money. Bitcoin? Yes... Another chain? No

The value of the currency of bitcoin causes no impracticallity for this particular technology which simply use bitcoin as an on or off ramp to its ecosystem

Maybe this has implications for counterparty?

maybe.

i guess my major concern is with Larimer himself.  you said "evolution" in an earlier post.  when i think of evolution, i at least think of a "working" product that gets improved upon or "evolved".  first it was what?  Protoshares or something?  then Bitshares?  and now Bitshares +/- Ethereum?  nothing substantive or workable has been released, afaik.  when does one quit?  when he runs out of investor funding?

[cypherdoc]

what a great story.  Vavilov devved the BitFury in his garage in the Ukraine.  i remember reading the evolution of this chip from its beginning: https://bitcointalk.org/index.php?topic=83332.0
i guess i should feel lucky having mined with his first generation chips which are now obsolete. 

you can see that Bitfury has become a behemoth in the mining industry alongside companies out of China.  this is good for the decentralization of mining and fits well within the game theory of Nash.  he says in this article that he has no clue what's going on with these foreign companies so you can see there is very little chance that they'd collude for a 51% attack.  this is what happens when you have a form of money that is non-corruptible, sound and apolitical.  the incentive structure becomes that of pure competition with an understanding that performing honestly within the proper and immutable ruleset will get one further along than cheating.

http://www.coindesk.com/bitfury-ceo-bitcoin-mining-company/

[sidhujag]

I know buterin and larimer met up in vegas this yr and larimer convinced buterik about dpos maybe now is when they switch.. another notch under the belt for
bitshares

I see that as a  negative.

Bitshares had had to change itself several times for flawed assumptions. DPOS probably won't be any better than POS. And the fact that Vitalik was meeting with and changing its own model just this summer goes to show just how incoherent their whole concept is a well.

Flawed assumptions? I guess nature is based on flawed assumptions for allowing evolution to happen.

Or it just never works at all.

Define works

i've said before that it's possible that the blockchain may only be applicable to Bitcoin as money.  perhaps if the Bitcoin price gets so high that it becomes impractical or expensive to embed Bitshare stock certificates into an OP_RETURN.  or simply that the core devs continue to restrict competition from Bitcoin 2.0 platforms like they did to Satoshi Dice and CP.  i'm not saying this is necessarily how it will play out but simply a scenario that needs to be considered.

Well satoshi did say this however maybe he meant for these techs not to use btc chain as it would convolute its purpose but i strongly disagree that blockchain technology should only be used for money. Bitcoin? Yes... Another chain? No

The value of the currency of bitcoin causes no impracticallity for this particular technology which simply use bitcoin as an on or off ramp to its ecosystem

Maybe this has implications for counterparty?

maybe.

i guess my major concern is with Larimer himself.  you said "evolution" in an earlier post.  when i think of evolution, i at least think of a "working" product that gets improved upon or "evolved".  first it was what?  Protoshares or something?  then Bitshares?  and now Bitshares +/- Ethereum?  nothing substantive or workable has been released, afaik.  when does one quit?  when he runs out of investor funding?

Its running and working as intended. Protoshares was the legal loophole attempt to Crowdfound for bitshares.

It evolved to get merged into bitsharesx and now its called bitshares as there were problems with protoshares since its consensus algo was pow based and it was better to use dpos thus just merged into bitshares.

Ethereum is am independent project and these guys were just passing ideas off of each other.. And i guess he convinced buterik the merits of dpos..

Larimer claims the consensus it uses is orders of magnitude more secure than bitcoins.. Without wack incentives of mining.

I was a skeptic before too but for a developer I would argue it is the most unique setup of all coins. You have to understand what my philosophy is for "the coin" to get why I say that... But along the same lines I decided to use The system and become a delegate to sign blocks.. Developing whatever apps they need making me about $3k usd a month in todays prices. Yes usd i can hold in bitusd which is pegged to usd.

Anyone can becomd a delegate aslong as they provide benefit.. Bumping top 101 people doimg the best job based on whats needed

[cbeast]

I know buterin and larimer met up in vegas this yr and larimer convinced buterik about dpos maybe now is when they switch.. another notch under the belt for
bitshares

I see that as a  negative.

Bitshares had had to change itself several times for flawed assumptions. DPOS probably won't be any better than POS. And the fact that Vitalik was meeting with and changing its own model just this summer goes to show just how incoherent their whole concept is a well.

I'm curious as to an anarchist such as Amir's take on PoS. I don't see much crossover between the anarchists and libertarians with PoS. While Bitcoin seems to serve both camps.

[Melbustus]

This is gonna be fun... When you buy one of his books on his site, you can get a "custom inscription" which it sounds like Jim personally hand-writes on the book. So I'll be buying one with a personal inscription regarding bitcoin that'll be utterly painful for Jim to write.

I'm taking suggestions. It can be up to 150 words.

Rickards has a fairly rational position on Bitcoin.
...

I disagree:

https://www.youtube.com/watch?v=fpYlc5oftM0

https://twitter.com/JamesGRickards/status/533057485264134144

^ He's overly negative and seems to be deliberately on the attack.

In fact, I wouldn't be all that surprised if his acceptance of bitcoin in his store was in the hopes that he would NOT see very many bitcoin sales just so that he could rant about measly volume after the holidays.

[cypherdoc]

The Internet is on Fire | Mikko Hypponen | TEDxBrussels

https://www.youtube.com/watch?v=QKe-aO44R7k&app=desktop

[sidhujag]

TedxBermuda
https://m.youtube.com/watch?v=97ufCT6lQcY

Was good one from charles