Gold collapsing. Bitcoin UP.

[inca]

Do any of you have any links to a side chain white paper or proposal for bitcoin? I am keen to read the technicals in a bit more detail.

Thanks..

or is this it: https://blockstream.com/sidechains.pdf

[cypherdoc]

Do any of you have any links to a side chain white paper or proposal for bitcoin? I am keen to read the technicals in a bit more detail.

Thanks..

or is this it: https://blockstream.com/sidechains.pdf

that's it

[Wekkel]

Soon, Barrick will be a penny stock if this trend persists.

[cypherdoc]

Soon, Barrick will be a penny stock if this trend persists.

and gold will be at $400

[cypherdoc]

oops, silver starting to crumble:

[notme]

You guys/girls hold gold/silver as well as BTC?

not me. 

only a few ounces of silver and a couple grams of gold

[inca]

It is getting mighty tempting to liquidate my remaining equities and rotate over into pm's and cash.

[cypherdoc]

You guys/girls hold gold/silver as well as BTC?

not me. 

only a few ounces of silver and a couple grams of gold

i still have my 2 small sleeves of Krugerands.  looks like miscreanity made the right decision not to take those off my hands 4 yrs ago.

[Jdj1727]

You guys/girls hold gold/silver as well as BTC?

not me. 

only a few ounces of silver and a couple grams of gold

I'm holding a little of each as well.

[justusranvier]

Bitcoin won't get more expensive, fee-wise, if we bring on many, many more tx's onto the MAINchain that will help spread the costs and provide enough profit for mining to expand and grow.

It just goes to show how insane people are to suggest that Bitcoin transaction processing, with its very high fixed cost, should spread that fixed cost over a smaller number of transactions rather than a larger number of transactions.

I think any business plan that suggested such a strategy would spontaneously combust out of embarrassment before anyone could read it.

[sickpig]

justus, all

it seems that awareness of the need to introduce economic incentives for services provided by full nodes are rising among devs community, see this thread on the btc dev mailing list:

http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-August/009879.html

let's see how core devs will react to this idea.

[sgbett]

this can't be good:

I cut my exposure to equities by half today, AAPL was amongst those that got the chop!

[cypherdoc]

this can't be good:

I cut my exposure to equities by half today, AAPL was amongst those that got the chop!

So it was you!

BTW, your simplicity argument against complex, conceptual only layer 2 solutions was spot on.

[thezerg]

justus, all

it seems that awareness of the need to introduce economic incentives for services provided by full nodes are rising among devs community, see this thread on the btc dev mailing list:

http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-August/009879.html

let's see how core devs will react to this idea.

How would this work if you issue (say) one txn per day on average?  I mean, wouldn't it take a month or even a year before the SPV client summed up enough use to make it worth committing the txn?  Are there risks to having a payment channel or LN connection open for these durations?

[sgbett]

I cut my exposure to equities by half today, AAPL was amongst those that got the chop!

So it was you!

BTW, your simplicity argument against complex, conceptual only layer 2 solutions was spot on.

That would be some serious whale action to be able to move a market that big or maybe it was butterfly wings...

I thought the simplicity argument was self-evident and shouldn't need anyone to explain it! Somebody gotta try and cut through the crapflood though. I've tried really hard to try and see the opposing POV but I come up short every time, and I think that's because I can't understand the philosophy behind making BTC some elitist tool when it seemed right from the outset that it was anything but.

If that makes me part of the "free-shit" army, then so be it. I'm not (yet) so morally bankrupt that I think that my well being can only come at the expense of others. That's what cripplecoin sounds like, thats why I don't want any part of it.

[cypherdoc]

uh oh, Blockstream pissing off some of the most important early adopters in the space:

https://www.reddit.com/r/Bitcoin/comments/3fhik9/mike_hearn_outlines_the_most_compelling_arguments/ctosiaz

i smell doom.

[cypherdoc]

priceless:

[–]WinkleviBitcoinTrust 6 points 23 hours ago

Sure I can imaging it. I just don't feel like supporting those block cock blocking devs.

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[brg444]

uh oh, Blockstream pissing off some of the most important early adopters in the space:

https://www.reddit.com/r/Bitcoin/comments/3fhik9/mike_hearn_outlines_the_most_compelling_arguments/ctosiaz

i smell doom.

 

is this a joke

[lunarboy]

priceless:

[–]WinkleviBitcoinTrust 6 points 23 hours ago

Sure I can imaging it. I just don't feel like supporting those block cock blocking devs.

 

could be time for a new Zhou Tong remix....... Chemical brothers

https://www.youtube.com/watch?v=MaU5qkQJ1e4

[cypherdoc]

uh oh, Blockstream pissing off some of the most important early adopters in the space:

https://www.reddit.com/r/Bitcoin/comments/3fhik9/mike_hearn_outlines_the_most_compelling_arguments/ctosiaz

i smell doom.

 

is this a joke

no, you're the joke.