Gold collapsing. Bitcoin UP.

[macsga]

yes, it was me who mined that 1 tx block.  and yes, i stand ready to pump out a series of endless 8MB spam blocks from all the different pool IP addresses while at the same time mounting a massive Sybil attack on yours and Odalv's private wallets.  b/c i want to privatize the network:

BOO!!!

oh, and this is all btwn patients.

"excuse me, Mrs. Jones..."

I'm convinced. Nobody... and I mean NOBODY here is sane. 

hey, c'mon, be a sport.

sometimes when you're surrounded by the insane (tvbcof, TPTB, icBLow), you just gotta go with it!  don't be sad; be HAPPY!

No offence, but I'm the driver.

[1714553474]

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[1714553474]

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[1714553474]

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[1714553474]

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[tvbcof]

Maybe because cypherdoc made a fortune as early adopter and now is trying to privatize bitcoin. He is one of them who can run 8 GB block-size node.

Ya, with a GUI installer and a 'tute'.

[cypherdoc]

Maybe because cypherdoc made a fortune as early adopter and now is trying to privatize bitcoin. He is one of them who can run 8 GB block-size node.

Ya, with a GUI installer and a 'tute'.

c'mon man, gimme credit.

i'm the guy genius who successfully solo mined on Avalon's.  which, btw, was supposed to be HARD.  pfft!

https://www.reddit.com/r/Bitcoin/comments/3b0ycp/the_current_system_where_every_user_is_a_network/cshz211

[Odalv]

Maybe because cypherdoc made a fortune as early adopter and now is trying to privatize bitcoin. He is one of them who can run 8 GB block-size node.

Ya, with a GUI installer and a 'tute'.

c'mon man, gimme credit.

i'm the guy genius who successfully solo mined on Avalon's.  which, btw, was supposed to be HARD.  pfft!

https://www.reddit.com/r/Bitcoin/comments/3b0ycp/the_current_system_where_every_user_is_a_network/cshz211

looks like, you developed first asic. (during pauses when you was not coding bitcoin core)

[cypherdoc]

Maybe because cypherdoc made a fortune as early adopter and now is trying to privatize bitcoin. He is one of them who can run 8 GB block-size node.

Ya, with a GUI installer and a 'tute'.

c'mon man, gimme credit.

i'm the guy genius who successfully solo mined on Avalon's.  which, btw, was supposed to be HARD.  pfft!

https://www.reddit.com/r/Bitcoin/comments/3b0ycp/the_current_system_where_every_user_is_a_network/cshz211

looks like, you developed first asic. (during pauses when you was not coding bitcoin core)

yes.

like i said, all that btwn patients:

"excuse me, Mrs. Smith...time for me to do Sybil.  uh, i don't mean 'do', i mean see.  or do i mean, make her see O_o?"

[Odalv]

Maybe because cypherdoc made a fortune as early adopter and now is trying to privatize bitcoin. He is one of them who can run 8 GB block-size node.

Ya, with a GUI installer and a 'tute'.

c'mon man, gimme credit.

i'm the guy genius who successfully solo mined on Avalon's.  which, btw, was supposed to be HARD.  pfft!

https://www.reddit.com/r/Bitcoin/comments/3b0ycp/the_current_system_where_every_user_is_a_network/cshz211

looks like, you developed first asic. (during pauses when you was not coding bitcoin core)

yes.

like i said, all that btwn patients:

"excuse me, Mrs. Smith...time for me to do Sybil.  uh, i don't mean 'do', i mean see.  or do i mean, make her see O_o?"

Excuse me  "ASIC inventor"(somebody who can turn on ASIC) and "Bitcoin core developer"(somebody who is able to change constant from 1MB to 20MB). :-) You are funny,

edit:
I forgot. You are doing all this FOR NON PROFIT.

[Mixles]

Unbelievable!  It's almost as if subsidizing spam/noise transactions creates more of them.  

Indeed, building wider motorways doesn't necessarily solve traffic congestion. A bunch of other things sometimes do (raising gasoline/car taxes/prices, regulation, unemployment, crime, alternative transport, virtual working, better city layout, emigration...).

[tvbcof]

we're not even under attack yet blocks continue to fill up:

Unbelievable!  It's almost as if subsidizing spam/noise transactions creates more of them.   
...

  Whoop - Whoop - Whoop  |  emergency!  |  Whoop - Whoop - Whoop  |  emergency!

Paging Justusranvier to explain in free-market principles pretzels how iCEBREAKER is muddled in his thinking.

[TPTB_need_war]

looks like, you developed first asic. (during pauses when you was not coding bitcoin core)

I figured his ego would cause him to misstep as expected.

Is he not providing (so far circumstantial) evidence that is well connected with those who may have the power to produce mining cartels.

A few more missteps and I shall have him cornered...

[cypherdoc]

we're not even under attack yet blocks continue to fill up:

Unbelievable!  It's almost as if subsidizing spam/noise transactions creates more of them.   
...

  Whoop - Whoop - Whoop  |  emergency!  |  Whoop - Whoop - Whoop  |  emergency!

Paging Justusranvier to explain in free-market principles pretzels how iCEBREAKER is muddled in his thinking.

you supposed engineers are stupid, aren't you?

i'll take a stab at this:  for 6 yrs we've had a small enough tx set that barely filled 1MB blocks.  now that we're starting to get closer to filling them up, spammers find it more cost effective to spam (don't have to create as many fee paying spam to fill the blocks and cause problems).  thus, their attacks start to increase in frequency. that's a problem because of the 1MB limit.

and to quote one of our trusted in thread "engineers", solex:

https://www.reddit.com/r/Bitcoin/comments/3b0ycp/the_current_system_where_every_user_is_a_network/cshz211

[cypherdoc]

looks like, you developed first asic. (during pauses when you was not coding bitcoin core)

I figured his ego would cause him to misstep as expected.

Is he not providing (so far circumstantial) evidence that is well connected with those who may have the power to produce mining cartels.

A few more missteps and I shall have him cornered...

BOO!!!

[iCEBREAKER]

we're not even under attack yet blocks continue to fill up:

Unbelievable!  It's almost as if subsidizing spam/noise transactions creates more of them.   

  Whoop - Whoop - Whoop  |  emergency!  |  Whoop - Whoop - Whoop  |  emergency!

Paging Justusranvier to explain in free-market principles pretzels how iCEBREAKER is muddled in his thinking.

Heh, the Gavinistas are having a very bad day week.   

First, Frap.doc was put upon to explain with some semblance of logical consistency how he reaches the same pro-bloat conclusion as gavin@tla.mit.gov, despite operating on quite opposite assumptions w/r/t the financial crisis being over (now and in the med. term future).

Then came yet another face-r3kking, sig-worthy domination tweet from Jon Matonis (as if the previous from Szatoshi Backamoto weren't enough) about the utter futility of shoehorning Bitcon's square settlement peg into VisaPayPal's round payment hole:



And finally(?) Dear Leader Himself debunks hearn@google.mil and Frap.doc's attempts to ram through ill-considered hard forks using fear and mass hysteria:

[cypherdoc]

we're not even under attack yet blocks continue to fill up:

Unbelievable!  It's almost as if subsidizing spam/noise transactions creates more of them.  

 Whoop - Whoop - Whoop  |  emergency!  |  Whoop - Whoop - Whoop  |  emergency!

Paging Justusranvier to explain in free-market principles pretzels how iCEBREAKER is muddled in his thinking.

i am full of shit

iCEBlow, do you ever put forth any logical technical arguments or is it always pure bluster and FUD?

[tvbcof]

we're not even under attack yet blocks continue to fill up:

Unbelievable!  It's almost as if subsidizing spam/noise transactions creates more of them.  
...

  Whoop - Whoop - Whoop  |  emergency!  |  Whoop - Whoop - Whoop  |  emergency!

Paging Justusranvier to explain in free-market principles pretzels how iCEBREAKER is muddled in his thinking.

you supposed engineers are stupid, aren't you?

i'll take a stab at this:  for 6 yrs we've had a small enough tx set that barely filled 1MB blocks.  now that we're starting to get closer to filling them up, spammers find it more cost effective to spam (don't have to create as many fee paying spam to fill the blocks and cause problems).  thus, their attacks start to increase in frequency. that's a problem because of the 1MB limit.
...

Lemme try to clue you in a bit here.

Firstly, if I had a BTC for every dumbshit idea about using the blockchain as some boundless resource for messeging, timestamping, data storage system, etc, I'd be a richer man.  Even one piss-ant dice game strained it.  You don't think that VC's got cold feet when they looked past the sales pitches and saw the 1MB limit that Satoshi wisely put in?  Those who are not capable of that modest level of due-diligence lost all their money a long before they were able use it to fuck up Bitcoin.

Secondly, every one of these dumbshit ideas remains a gleam in the creator's eye and ready to pounce as soon as you crypto-socialist Gavinistas do your thing.

My own 'paracoin' idea to parasitize the subsidized data store and hitch a free ride on the Yetta-hashes as they become available.  Thankfully that idea was never needed because most of the dev team has been smart enough to fight off you bloaters for the last few years and develop against the mainchain which has yet to be destroyed.

Edit:  Oh ya, and another thing (again.)  The reason why you cannot get the 1MB filled up with coffee purchase after 6 years of trying and a lot of help from the media and regulators is this:  Bitcoin SUCKS BALLS as an exchange currency.  It is simply not competitive in this capacity and never will be.  Sorry to be the bearer of bad news but you need to come to terms with this eventually.

[cypherdoc]

we're not even under attack yet blocks continue to fill up:

Unbelievable!  It's almost as if subsidizing spam/noise transactions creates more of them.  
...

  Whoop - Whoop - Whoop  |  emergency!  |  Whoop - Whoop - Whoop  |  emergency!

Paging Justusranvier to explain in free-market principles pretzels how iCEBREAKER is muddled in his thinking.

you supposed engineers are stupid, aren't you?

i'll take a stab at this:  for 6 yrs we've had a small enough tx set that barely filled 1MB blocks.  now that we're starting to get closer to filling them up, spammers find it more cost effective to spam (don't have to create as many fee paying spam to fill the blocks and cause problems).  thus, their attacks start to increase in frequency. that's a problem because of the 1MB limit.
...

Lemme try to clue you in a bit here.

Firstly, if I had a BTC for every dumbshit idea about using the blockchain as some boundless resource for messeging, timestamping, data storage system, etc, I'd be a richer man.  Even one piss-ant dice game strained it.  You don't think that VC's got cold feet when they looked past the sales pitches and saw the 1MB limit that Satoshi wisely put in?  Those who are not capable of that modest level of due-diligence lost all their money a long before they were able use it to fuck up Bitcoin.

Secondly, every one of these dumbshit ideas remains a gleam in the creator's eye and ready to pounce as soon as you crypto-socialist Gavinistas do your thing.

My own 'paracoin' idea to parasitize the subsidized data store and hitch a free ride on the Yetta-hashes as they become available.  Thankfully that idea was never needed because most of the dev team has been smart enough to fight off you bloaters for the last few years and develop against the mainchain which has yet to be destroyed.

Paracoin?!  hah.  i remember that POS (that'd be piece of sh*t).  that's when i first began suspecting that all these self proclaimed engineer experts around here were pulling my leg.  that was a joke then and it still is a joke today.

here's the thing.  Bitcoin was so new and so experimental, even the geeks failed to understand that which hath been created.  i'm am going to stop saying "that they hath created" b/c that would be giving too much credit to geeks/engineers in general now that the secrets out about their ability to understand Bitcoin over the rest of us.  

don't get me wrong; i can clearly see the geeks/engineers whom i need to pay respect to; they know who they are.  but the rest of you, especially you, can be confidently ignored.

[iCEBREAKER]

Unbelievable!  It's almost as if subsidizing spam/noise transactions creates more of them.  

Indeed, building wider motorways doesn't necessarily solve traffic congestion. A bunch of other things sometimes do (raising gasoline/car taxes/prices, regulation, unemployment, crime, alternative transport, virtual working, better city layout, emigration...).

Problem: traffic congestion

Free market solution: build turnpikes for high-priority trips willing to pay the toll; encourage/decentralize ride-sharing for lower priority travel

Gavinista solution: put absurdly large wheels on the cars; ignore valid safety/engineering concerns contrary to GavinWheel fanboy preferences

[TPTB_need_war]

that would be giving too much credit to geeks/engineers in general now that the secrets out about their ability to understand Bitcoin over the rest of us.  

don't get me wrong; i can clearly see the geeks/engineers whom i need to pay respect to; they know who they are.  but the rest of you, especially you, can be confidently ignored.

I will be ROTFLMAO soon...

I am going to turn your SHA256 ASICs into paperweights.

You will be bankrupted and perhaps headed to debtor's prison.

[iCEBREAKER]

you got nothing

That's true, I got nothing.  But I can still be touchy, rude, and grumpy while being content-free.

Thanks for reminding me I forgot to include this logical technical argument in my re-cap of the Gavinista's Very Bad Day Week:

http://www.theregister.co.uk/2014/11/10/kryders_law_of_ever_cheaper_storage_disproven/



Kryder's Law says disk storage will keep on getting cheaper. Yet it is increasingly looking like it won't, which has baleful implications for cloud storage and archiving.

Like Moore's Law, Kryder's Law is (a) not a law, merely a wonderfully apt observation for a prolonged but not eternal period of time, and (b) borne of an incredibly bold and confident view of technology.

The assumption was that: "If you could afford to store some data for a few years, you could afford to store it forever. The cost of that much storage would have become negligible." Only that is no longer true.

So much for the 'hurr durr cheap hard drives' (AKA argumentum ad Amazon) rational for GavinCoin.   

[TPTB_need_war]

Oh my iCe (never thought I'd be on your side of any issue), good one. Lol.

You forgot to spray paint "Gavinistas" on the door.

[rocks]

we're not even under attack yet blocks continue to fill up:

Unbelievable!  It's almost as if subsidizing spam/noise transactions creates more of them.   

  Whoop - Whoop - Whoop  |  emergency!  |  Whoop - Whoop - Whoop  |  emergency!

Paging Justusranvier to explain in free-market principles pretzels how iCEBREAKER is muddled in his thinking.

Heh, the Gavinistas are having a very bad day week.   

First, Frap.doc was put upon to explain with some semblance of logical consistency how he reaches the same pro-bloat conclusion as gavin@tla.mit.gov, despite operating on quite opposite assumptions w/r/t the financial crisis being over (now and in the med. term future).

Then came yet another face-r3kking, sig-worthy domination tweet from Jon Matonis (as if the previous from Szatoshi Backamoto weren't enough) about the utter futility of shoehorning Bitcon's square settlement peg into VisaPayPal's round payment hole:



And finally(?) Dear Leader Himself debunks hearn@google.mil and Frap.doc's attempts to ram through ill-considered hard forks using fear and mass hysteria:

The way to generate resiliency for Bitcoin is to get to the point that each block generates $10M in fees.

Today each block generates around $4,500 in fees on average.

That is not resilient, that is weak and easy for any state to attack.

This idea that using fee pressure on a low # of transactions is a way to get to high value blocks from fees is absurd. The way to get to high value blocks is tons of transactions paying minimum fees.