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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1840746 times)
cypherdoc
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May 09, 2015, 03:53:04 PM
 #23721


It's about TPTB_need_war, AKA AnonyMint, AKA TheFascistMind.



that was an interesting read.  BCX has a known rep for attacking altcoins over the years.

so he never successfully attacked Monero then?

Nope, he didn't. He disappeared right after his own set deadline expired, so basically it was pure FUD. The reason(s) behind it is/are still not clear till this day.  

for the most part, i've always thought of BCX as an asset to Bitcoin mainly as an enforcer to altcoins.  not that i condone him causing financial pain for altcoin participants but in the sense that he is enforcing Satoshi's principles on a raw economic level, ie, "expect to be attacked if you stray away from first principles".

you have to give him credit for at least warning the Monero community that he intended to attack.  it sounds like it gave them an opportunity to mitigate and/or tune their code to prevent such a thing.  maybe that's why it never transpired?

Could also be it, I don't know the details of it though. Also, there were doubts about the authenticity of the account, some people suspected the account was sold before the "threat".

that Monero chart looks brutal:

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dEBRUYNE
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May 09, 2015, 04:01:08 PM
 #23722


It's about TPTB_need_war, AKA AnonyMint, AKA TheFascistMind.



that was an interesting read.  BCX has a known rep for attacking altcoins over the years.

so he never successfully attacked Monero then?

Nope, he didn't. He disappeared right after his own set deadline expired, so basically it was pure FUD. The reason(s) behind it is/are still not clear till this day.  

for the most part, i've always thought of BCX as an asset to Bitcoin mainly as an enforcer to altcoins.  not that i condone him causing financial pain for altcoin participants but in the sense that he is enforcing Satoshi's principles on a raw economic level, ie, "expect to be attacked if you stray away from first principles".

you have to give him credit for at least warning the Monero community that he intended to attack.  it sounds like it gave them an opportunity to mitigate and/or tune their code to prevent such a thing.  maybe that's why it never transpired?

Could also be it, I don't know the details of it though. Also, there were doubts about the authenticity of the account, some people suspected the account was sold before the "threat".

that Monero chart looks brutal:

--snip--

You are missing the end, I rather prefer this chart:



Btw, most altcoin charts look like this, when btc declines, most alts decline even worse. Also, the first top of 0.01 was during the crazy pre-mintpal pump. I wasn't around back then so I hope smooth can elaborate more on this matter, but for some reason it was insanely pumped by whales back then.

Furthermore, unlike most other altcoins, Monero was fairly launched (http://devtome.com./doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins#monero). It has a relatively high inflation though, which could also be a reason for the "bearish/declining" chart.

PS: Remember that Monero was launched during a BTC bearmarket, chart would probably looked a whole lot different when launched during a bullmarket.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
Zangelbert Bingledack
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May 09, 2015, 04:22:16 PM
 #23723



Has anyone reddited this yet? With the right title it should get 100 or more upvotes.
TPTB_need_war
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May 09, 2015, 04:47:15 PM
 #23724

You've always been the disingenuous debater in every discussion I've ever had with you.

Cypherdoc expresses the security model (economic incentives to ensure miner honesty) nearly word-for-word out of the Bitcoin whitepaper, you accuse him of violating the (incorrectly) cite the whitepaper to say that he's wrong, I quote the section in question, and then you accuse me of being disingenuous?

Just keep on doing what you're doing - your own dishonesty is making my case better than anything I could say.

Yeah just keep on doing what you're doing dickhead (do you expect me to be nice after you intentionally slander me twice and both times you are in error?).

There you are being either "not the sharpest tool in the shed" or intentionally disingenuous again. There is no correlation between what Cypherdoc wrote and the whitepaper....

2.  i think that the majority of ppl in this world want to be honest and wish to live in a society that has order.  no one wants to live in chaos.  everybody loses.  in order for society to continue to progress and evolve, order, dependability, and a semblance of honesty is needed.  thus, in a system with so much potential to do good, like Bitcoin, the overwhelming desire is for participants to want to do what makes the system thrive.  to the extent that cheating, dishonesty, and colluding erodes confidence and threatens that goal, most participants will avoid those activities.

That is the same faith we put into a top-down democracy. Fact is a power vacuum sucks in those who can maximize the exploitation of the power vacuum.

You are violating the fundamental tenet of Satoshi's white paper which is decentralized trust, meaning we don't have to trust that people are honest.
...

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May 09, 2015, 04:52:40 PM
 #23725

I have solved the design problem. I now know the Holy Grail design we need for crypto-currency.

sure you do.

Gloat while you can. You will eat those words.

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May 09, 2015, 04:54:33 PM
 #23726


It's about TPTB_need_war, AKA AnonyMint, AKA TheFascistMind.

Character assassination attempt detected.

What the hell is wrong with not needing to rely on the crutch of my extensive reputation because I can intentionally close my Hero account (before the BCX incident!) and as a newbie be immediately respected as credible, accurate, logical, etc?

Any other dick envy you care to share today?

justusranvier
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May 09, 2015, 05:04:47 PM
 #23727

Yeah just keep on doing what you're doing dickhead (do you expect me to be nice after you intentionally slander me twice and both times you are in error?).

There you are being either "not the sharpest tool in the shed" or intentionally disingenuous again. There is no correlation between what Cypherdoc wrote and the whitepaper....
Let's put some context in those quotes:

2 things:

1.  i think ppl under-appreciate the extent to which all participants in Bitcoin, including miners, volunteer and want to be part of a system that has the potential to make themselves extraordinary profits if it works as intended that being in an open, honest manner.  there's a lot at stake in constructing a new financial system and those profits can only be made if it works properly as advertised in that open and honest manner that ordinary ppl can depend on.  this is what will result in the trust needed so that the vast majority of humanity can buy into such a reliable system.

2.  i think that the majority of ppl in this world want to be honest and wish to live in a society that has order.  no one wants to live in chaos.  everybody loses.  in order for society to continue to progress and evolve, order, dependability, and a semblance of honesty is needed.  thus, in a system with so much potential to do good, like Bitcoin, the overwhelming desire is for participants to want to do what makes the system thrive.  to the extent that cheating, dishonesty, and colluding erodes confidence and threatens that goal, most participants will avoid those activities.

I don't know about everyone else, but it looks to me like Cypherdoc's point #2 clearly follows from point #1.

Where else have I heard something like point #1 expressed before?

Quote from: Satoshi Nakamoto
6. Incentive

By convention, the first transaction in a block is a special transaction that starts a new coin owned by the creator of the block. This adds an incentive for nodes to support the network, and provides a way to initially distribute coins into circulation, since there is no central authority to issue them. The steady addition of a constant of amount of new coins is analogous to gold miners expending resources to add gold to circulation. In our case, it is CPU time and electricity that is expended.

The incentive can also be funded with transaction fees. If the output value of a transaction is less than its input value, the difference is a transaction fee that is added to the incentive value of the block containing the transaction. Once a predetermined number of coins have entered circulation, the incentive can transition entirely to transaction fees and be completely inflation free.

The incentive may help encourage nodes to stay honest. If a greedy attacker is able to assemble more CPU power than all the honest nodes, he would have to choose between using it to defraud people by stealing back his payments, or using it to generate new coins. He ought to find it more profitable to play by the rules, such rules that favour him with more new coins than everyone else combined, than to undermine the system and the validity of his own wealth.

What was your specific accusation against Cypherdoc again?

2.  i think that the majority of ppl in this world want to be honest and wish to live in a society that has order.  no one wants to live in chaos.  everybody loses.  in order for society to continue to progress and evolve, order, dependability, and a semblance of honesty is needed.  thus, in a system with so much potential to do good, like Bitcoin, the overwhelming desire is for participants to want to do what makes the system thrive.  to the extent that cheating, dishonesty, and colluding erodes confidence and threatens that goal, most participants will avoid those activities.

That is the same faith we put into a top-down democracy. Fact is a power vacuum sucks in those who can maximize the exploitation of the power vacuum.

You are violating the fundamental tenet of Satoshi's white paper which is decentralized trust, meaning we don't have to trust that people are honest.

Maybe it would help your argument if you employed more insults, or maybe created a few new sockpuppet accounts.

Since logic, evidence, and rational discourse don't appear to be in your toolbox, just stick with the "shouting down your opponents" approach.
TPTB_need_war
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May 09, 2015, 05:07:05 PM
 #23728

justusranvier, keep trying to obfuscate your slander instead of apologizing for your mistake.

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May 09, 2015, 05:10:41 PM
 #23729

well this has sadly always been the problem of anonymint. He seems to have interesting ideas and insights but makes it extremely hard to penetrate them and engage in meaningful discussion due to his confrontational and arrogant style of posting. When you keep calling anyone and everyone dickheads while gloating about your superior intelligence and insight, it's hard to have a constructive discussion. I found this to be sad, because I wanted to talk about what he had to say (seemed interesting in many aspects), but gave up eventually because of that.

Everyone please be nice to each other. This thread has some interesting and insightful discussions at time (I know I have learned a lot here) and the price of admission for that kind of level of discourse is that we don't let our egos run rampant here.

It's all bullshit. But bullshit makes the flowers grow and that's beautiful.
TPTB_need_war
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May 09, 2015, 05:10:51 PM
 #23730

You are violating the fundamental tenet of Satoshi's white paper which is decentralized trust, meaning we don't have to trust that people are honest.

Note I didn't write what you bolded, i.e. I didn't write that he violated any random statement in the whitepaper. I wrote specifically he is violating the fundamental tenet which I asserted is, "decentralized trust, meaning we don't have to trust that people are honest".

Fundamental tenet is not the same as some aside for the abnormal case of 50% attack.

Since you seem to lack logic skills, you are a waste of my time.

Fuck off.

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May 09, 2015, 05:12:09 PM
 #23731


It's about TPTB_need_war, AKA AnonyMint, AKA TheFascistMind.
What the hell is wrong with not needing to rely on the crutch of my extensive reputation because I can intentionally close my Hero account (before the BCX incident!) and as a newbie be immediately respected as credible, accurate, logical, etc?

Lol.
TPTB_need_war
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May 09, 2015, 05:12:29 PM
 #23732

well this has sadly always been the problem of anonymint.

I speak frankly and accurately. With precise logic, because I am a programmer.

I don't deal with people who have fuzzy logic, low reading comprehension such as I just explained above for the case of justusranvier.

There is nothing sad about not wasting time on B-listers and altcoins going nowhere no matter how many B-listers you have working on it.

Bagatell
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May 09, 2015, 05:13:10 PM
 #23733


It's about TPTB_need_war, AKA AnonyMint, AKA TheFascistMind.

Character assassination attempt detected.



It was you who called Justus disingenuous.
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May 09, 2015, 05:14:18 PM
 #23734

It was you who called Justus disingenuous.

And I am factually correct.

He is attempting to protect his buddy and failed the logic miserably.

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May 09, 2015, 05:14:51 PM
 #23735

^Yeeeahhhh ignored ^ Roll Eyes
inca
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May 09, 2015, 05:15:53 PM
 #23736

^Yeeeahhhh ignored ^ Roll Eyes

I just succumbed..we are weak! Smiley
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May 09, 2015, 05:16:38 PM
 #23737

I feel like I am back in kindergarten again. A bunch of jealous B-listers playing "nananana" my ears are covered games.

ErisDiscordia
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May 09, 2015, 05:21:03 PM
 #23738

well this has sadly always been the problem of anonymint.

I speak frankly and accurately. With precise logic, because I am a programmer.

I don't deal with people who have fuzzy logic, low reading comprehension such as I just explained above for the case of justusranvier.

well the trouble with this seems to be that it is you who gets to define by your own standards what exactly constitutes "precise logic" and "fuzzy logic". When following your debates I couldn't shake the feeling that participants were being downgraded to "low-intelligence beta-males" based on whether or not they agreed with your premises and the conclusions you drew from them and not based on any sort of "objective" evaluation of their intelligence/debating skills. So yeah after I saw that obviously I can't change the way you're posting I gave up on a meaningful discussion and just started trolling you Smiley I suspect you put me on ignore after that. Ah well, as long as you present some worthwhile interesting material you might be forgiven even for your nasty attitude Wink

It's all bullshit. But bullshit makes the flowers grow and that's beautiful.
TPTB_need_war
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May 09, 2015, 05:23:19 PM
 #23739

well the trouble with this seems to be that it is you who gets to define by your own standards what exactly constitutes "precise logic" and "fuzzy logic".

What aspect of the following is not a clear failure of logic on the part of justusranvier?

You are violating the fundamental tenet of Satoshi's white paper which is decentralized trust, meaning we don't have to trust that people are honest.

Note I didn't write what you bolded, i.e. I didn't write that he violated any random statement in the whitepaper. I wrote specifically he is violating the fundamental tenet which I asserted is, "decentralized trust, meaning we don't have to trust that people are honest".

Fundamental tenet is not the same as some aside for the abnormal case of 50% attack.

Since you seem to lack logic skills, you are a waste of my time.

justusranvier, gets so excited to defend his buddy that he failed to read the entire sentence and just focused on finding any random statement in the whitepaper that might be somewhat close to what his buddy was saying. But that is not a refutation of what I wrote, because I didn't allow for any random statement from the whitepaper.

He would need to question my assertion of what is the fundamental tenet of the Satoshi's invention. I claim it is the Byzantine General's solution and not the abnormal case of a 50% attack.

ErisDiscordia
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May 09, 2015, 05:26:48 PM
 #23740

I am sorry but I don't see any quote by justus in there...

Please let us not clog up this thread with personal attacks and prick-waving  Angry

my last post concerning this matter.

It's all bullshit. But bullshit makes the flowers grow and that's beautiful.
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