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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 2013477 times)
Melbustus
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February 02, 2015, 09:01:27 PM
 #20901

Speaking of trolls, here's Rickards in attack mode: www.darientimes.com/39695/rickards-fighting-the-islamic-state-with-special-operations/

Note that he never says there *is* terrorist financing via bitcoin, he just makes it sound like a really scary idea. Also fails to mention that ISIS has said they're using gold, and further, that it seems like a really bad idea to commit big crimes using a public ledger. If it wasn't obvious already, SR trial makes that clear.

And of course, he has a number of factual errors, but tries to come across as reasoned by giving btc props here and there. I'd be a lot more willing to accept his legit criticisms (eg, btc hasn't gone through a full econ cycle yet), if he'd quit it with the painfully obvious fear-mongering.

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February 02, 2015, 09:06:29 PM
 #20902

Speaking of trolls, here's Rickards in attack mode: www.darientimes.com/39695/rickards-fighting-the-islamic-state-with-special-operations/

Note that he never says there *is* terrorist financing via bitcoin, he just makes it sound like a really scary idea. Also fails to mention that ISIS has said they're using gold, and further, that it seems like a really bad idea to commit big crimes using a public ledger. If it wasn't obvious already, SR trial makes that clear.

And of course, he has a number of factual errors, but tries to come across as reasoned by giving btc props here and there. I'd be a lot more willing to accept his legit criticisms (eg, btc hasn't gone through a full econ cycle yet), if he'd quit it with the painfully obvious fear-mongering.

Why would ISIS want to use bitcoin on a down trend and risk losing a load of money in a crash?

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marcus_of_augustus
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February 02, 2015, 09:14:40 PM
 #20903

... and yet here they are.

The Wall Observer thread has been sufficiently ruined so now like a plague of locusts they move to the next most viewed thread ...

hdbuck
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February 02, 2015, 09:18:36 PM
 #20904

Speaking of trolls, here's Rickards in attack mode: www.darientimes.com/39695/rickards-fighting-the-islamic-state-with-special-operations/

Note that he never says there *is* terrorist financing via bitcoin, he just makes it sound like a really scary idea. Also fails to mention that ISIS has said they're using gold, and further, that it seems like a really bad idea to commit big crimes using a public ledger. If it wasn't obvious already, SR trial makes that clear.

And of course, he has a number of factual errors, but tries to come across as reasoned by giving btc props here and there. I'd be a lot more willing to accept his legit criticisms (eg, btc hasn't gone through a full econ cycle yet), if he'd quit it with the painfully obvious fear-mongering.

i believe sir, ISIS is using petro-dollar  Lips sealed

(besides USG supplies..)
rocks
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February 02, 2015, 09:55:22 PM
 #20905

How about using your energy to offer a solution.  Sticking your finger in the eye of the process is counterproductive.  It seems that the most productive people in Bitcoin are offering solutions and getting conversations started.  Without Gavin coding and testing the very large blocks we would not be talking about it or working toward a solution.

Believe it or not, but seeing a centralized non-community based hard-fork process as a problem and opening up a discussion on a possible method to resist/hold off that centralized change until it is more community driven, is in fact offering solutions to problems. Here the problem is centralized driven hard-forks, not block-size limit increases.  If no one likes or is on-board with the proposal, then there is little point spending energy on it. But if it resonates with some people then maybe it is. Oh, and people have been talking about large blocks since before Gavin took on his maintainer role.
rocks
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February 02, 2015, 09:58:36 PM
 #20906

... and yet here they are.

The Wall Observer thread has been sufficiently ruined so now like a plague of locusts they move to the next most viewed thread ...

A while ago the wall observer thread was demoted to skimming only for memes & animated gifs, of which there were many funny ones. Now it's lacking even that simple value and I can't understand why anyone's there...
tabnloz
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February 02, 2015, 10:13:24 PM
 #20907

Speaking of trolls, here's Rickards in attack mode: www.darientimes.com/39695/rickards-fighting-the-islamic-state-with-special-operations/

Note that he never says there *is* terrorist financing via bitcoin, he just makes it sound like a really scary idea. Also fails to mention that ISIS has said they're using gold, and further, that it seems like a really bad idea to commit big crimes using a public ledger. If it wasn't obvious already, SR trial makes that clear.

And of course, he has a number of factual errors, but tries to come across as reasoned by giving btc props here and there. I'd be a lot more willing to accept his legit criticisms (eg, btc hasn't gone through a full econ cycle yet), if he'd quit it with the painfully obvious fear-mongering.

No problems with the USG holding strategy meetings regarding crypto, as well they should, but as you say, there is no need to paint the mechanism in a bad light. It is, after all, only math and an internet connection. But at least he has dropped off with some of his sillier criticisms (EMP, Internet down etc) and on the face of it is giving some props to bitcoin.

Another thing, unless it is OTC, then until bitcoin is used and accepted without being converted into fiat the evidence (albeit circumstantial) of 'financing' will be seen in the banking system ie, transferred from exchange to bank account.

And regarding how bitcoin performs in a full economic cycle and in relation to other assets, well, that ties in nicely with this thread. Perhaps he should give it a read.
tvbcof
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February 02, 2015, 10:17:11 PM
 #20908

Speaking of trolls, here's Rickards in attack mode: www.darientimes.com/39695/rickards-fighting-the-islamic-state-with-special-operations/

Note that he never says there *is* terrorist financing via bitcoin, he just makes it sound like a really scary idea. Also fails to mention that ISIS has said they're using gold, and further, that it seems like a really bad idea to commit big crimes using a public ledger. If it wasn't obvious already, SR trial makes that clear.

And of course, he has a number of factual errors, but tries to come across as reasoned by giving btc props here and there. I'd be a lot more willing to accept his legit criticisms (eg, btc hasn't gone through a full econ cycle yet), if he'd quit it with the painfully obvious fear-mongering.

i believe sir, ISIS is using petro-dollar  Lips sealed

(besides USG supplies..)

They do seem nicely decked out in snappy NATO style gear and are driving around in a lot of U.S. manufactured equipment fresh off the assembly line.

Oh ya, now I remember.  3000 rag-tag 'terrorists' routed 30,000 U.S. armed and trained Iraqis who dropped all their equipment in a panic and ran for the hills.  Ya...that's the ticket!  The amazing thing is that nearly all Americans bought that one hook, line, and sinker.

Maybe my brethren can be forgiven since the accounts of the CIA training camps in Jordan and Turkey appeared only in the 'alternate' media and anything anyone reads there is automatically and 'conspiracy theory' and thus automatically the opposite of reality.


Huobi-CEO
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February 02, 2015, 10:20:43 PM
 #20909

... and yet here they are.

The Wall Observer thread has been sufficiently ruined so now like a plague of locusts they move to the next most viewed thread ...

Stop trolling bull scammer!


We are still at FEAR stage! Wait until we hit despair @ around 5-10$. We, the chinese bitcoiners, will dump the shit out of this!

http://www.thedailysheeple.com/wp-content/uploads/2013/04/anatomy-of-a-bubble.png
smoothie
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February 02, 2015, 11:20:26 PM
 #20910

... and yet here they are.

The Wall Observer thread has been sufficiently ruined so now like a plague of locusts they move to the next most viewed thread ...

Stop trolling bull scammer!


We are still at FEAR stage! Wait until we hit despair @ around 5-10$. We, the chinese bitcoiners, will dump the shit out of this!



lol yell louder please!

If we hit $5-$10...TIME TO BACK UP THE TRUCK!

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February 02, 2015, 11:47:37 PM
 #20911

How about using your energy to offer a solution.  Sticking your finger in the eye of the process is counterproductive.  It seems that the most productive people in Bitcoin are offering solutions and getting conversations started.  Without Gavin coding and testing the very large blocks we would not be talking about it or working toward a solution.

Believe it or not, but seeing a centralized non-community based hard-fork process as a problem and opening up a discussion on a possible method to resist/hold off that centralized change until it is more community driven, is in fact offering solutions to problems. Here the problem is centralized driven hard-forks, not block-size limit increases.  If no one likes or is on-board with the proposal, then there is little point spending energy on it. But if it resonates with some people then maybe it is. Oh, and people have been talking about large blocks since before Gavin took on his maintainer role.

 A method to resist is not a solution to a problem.  It is a hope for stagnation.   Since people have been discussing large blocks since before Gavin took it on, maybe large blocks are needed.  I think Gavin's method of suggestion and testing is much more constructive than obstructive and I fail to see how it is centralised.
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February 03, 2015, 12:08:47 AM
 #20912

How about using your energy to offer a solution.  Sticking your finger in the eye of the process is counterproductive.  It seems that the most productive people in Bitcoin are offering solutions and getting conversations started.  Without Gavin coding and testing the very large blocks we would not be talking about it or working toward a solution.

Believe it or not, but seeing a centralized non-community based hard-fork process as a problem and opening up a discussion on a possible method to resist/hold off that centralized change until it is more community driven, is in fact offering solutions to problems. Here the problem is centralized driven hard-forks, not block-size limit increases.  If no one likes or is on-board with the proposal, then there is little point spending energy on it. But if it resonates with some people then maybe it is. Oh, and people have been talking about large blocks since before Gavin took on his maintainer role.

 A method to resist is not a solution to a problem.  It is a hope for stagnation.   Since people have been discussing large blocks since before Gavin took it on, maybe large blocks are needed.  I think Gavin's method of suggestion and testing is much more constructive than obstructive and I fail to see how it is centralised.

http://www.bizforum.org/Journal/www_journalJVP018.htm

Gavin's method engenders some centralization of nodes.  A great number of nodes can be made to disappear by a single pool loading up some very large blocks.  There are other problems with it, but this one may be sufficient for some folks to disagree with it.  Node population is an important factor of scalability and functionality.  The proposal harms such scalability in order to foster microtransaction scalability.

The internet is not a uniform web of high speed links globally.  There are great differences in costs and deployed infrastructure.  Very large blocks may reduce Bitcoin to a Northern hemisphere usability.

There are going to be risks with any change.  Better proposals than Gavin's have been made and discussed, but they require more code.  They are not as simple.

One thing is sure, and that is if we do another hard fork to set-it-and-forget-it using a guess as to what the future of the internet will be based on current or past data, we are going to be wrong about that guess.

Gavin's solution is a very good one from a software-development perspective.  It is not a good solution from a protocol perspective.  These are very different things.

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February 03, 2015, 12:31:52 AM
 #20913

Looks like Coinbase wired money is finally arriving.  Mine gets there tomorrow. Shucks. 
cbeast
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Let's talk governance, lipstick, and pigs.


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February 03, 2015, 12:34:33 AM
 #20914

How about using your energy to offer a solution.  Sticking your finger in the eye of the process is counterproductive.  It seems that the most productive people in Bitcoin are offering solutions and getting conversations started.  Without Gavin coding and testing the very large blocks we would not be talking about it or working toward a solution.

Believe it or not, but seeing a centralized non-community based hard-fork process as a problem and opening up a discussion on a possible method to resist/hold off that centralized change until it is more community driven, is in fact offering solutions to problems. Here the problem is centralized driven hard-forks, not block-size limit increases.  If no one likes or is on-board with the proposal, then there is little point spending energy on it. But if it resonates with some people then maybe it is. Oh, and people have been talking about large blocks since before Gavin took on his maintainer role.

 A method to resist is not a solution to a problem.  It is a hope for stagnation.   Since people have been discussing large blocks since before Gavin took it on, maybe large blocks are needed.  I think Gavin's method of suggestion and testing is much more constructive than obstructive and I fail to see how it is centralised.

http://www.bizforum.org/Journal/www_journalJVP018.htm

Gavin's method engenders some centralization of nodes.  A great number of nodes can be made to disappear by a single pool loading up some very large blocks.  There are other problems with it, but this one may be sufficient for some folks to disagree with it.  Node population is an important factor of scalability and functionality.  The proposal harms such scalability in order to foster microtransaction scalability.

The internet is not a uniform web of high speed links globally.  There are great differences in costs and deployed infrastructure.  Very large blocks may reduce Bitcoin to a Northern hemisphere usability.

There are going to be risks with any change.  Better proposals than Gavin's have been made and discussed, but they require more code.  They are not as simple.

One thing is sure, and that is if we do another hard fork to set-it-and-forget-it using a guess as to what the future of the internet will be based on current or past data, we are going to be wrong about that guess.

Gavin's solution is a very good one from a software-development perspective.  It is not a good solution from a protocol perspective.  These are very different things.
Quote from: from the link
That we use the data of the block chain, the size of the blocks, or the fees paid to the miners, or a formula combining these, to determine what the environment of the future economy will require.
This says nothing technical. Fees are not technical data. They are sociological. He is implying a sociological solution to a protocol and claiming thre is some magical formula. Miners choose what size the block should be. Bitcoin already has that sociological base covered.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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February 03, 2015, 12:40:50 AM
 #20915

Can someone with access to Stratfor post the text of this article?

https://www.stratfor.com/analysis/bitcoin-moves-closer-regulation
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February 03, 2015, 12:42:12 AM
 #20916

Hey tvbcof, we're going back up. Time for you to flip your tune and say you been calling it all along.
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February 03, 2015, 12:47:06 AM
 #20917

http://insidebitcoins.com/news/tech-visionaries-predict-one-global-cryptocurrency-bitcoin/29422
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February 03, 2015, 12:48:18 AM
 #20918

Can someone with access to Stratfor post the text of this article?

https://www.stratfor.com/analysis/bitcoin-moves-closer-regulation

http://www.reddit.com/r/Bitcoin/comments/2ujrzh/bitcoin_could_soon_stabilize_stratfor/

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February 03, 2015, 01:59:40 AM
 #20919


Hey tvbcof, we're going back up. Time for you to flip your tune and say you been calling it all along.

My being so right and you being so wrong with your one-trick-pony show is really getting under your skin I guess.  Sorry about that.  My good calls are mostly luck I assure you.

I am quite confident that if you get your way on Bitcoin it will be curtains for the solution.  You may realize that and simply plan to do your dump at that point, but I actually believe there is a better than 50% chance that you earnestly believe your own nonsense.  I'm burnt out on being more rude then that at the moment else I would use a variety of caustic characterizations to describe your being here.


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February 03, 2015, 02:10:13 AM
 #20920

Thanks. Thought it might be more insightftul.
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