Bitcoin Forum
March 29, 2024, 03:44:29 PM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
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

Pages: « 1 ... 1448 1449 1450 1451 1452 1453 1454 1455 1456 1457 1458 1459 1460 1461 1462 1463 1464 1465 1466 1467 1468 1469 1470 1471 1472 1473 1474 1475 1476 1477 1478 1479 1480 1481 1482 1483 1484 1485 1486 1487 1488 1489 1490 1491 1492 1493 1494 1495 1496 1497 [1498] 1499 1500 1501 1502 1503 1504 1505 1506 1507 1508 1509 1510 1511 1512 1513 1514 1515 1516 1517 1518 1519 1520 1521 1522 1523 1524 1525 1526 1527 1528 1529 1530 1531 1532 1533 1534 1535 1536 1537 1538 1539 1540 1541 1542 1543 1544 1545 1546 1547 1548 ... 1557 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 2032126 times)
Adrian-x
Legendary
*
Offline Offline

Activity: 1372
Merit: 1000



View Profile
August 07, 2015, 10:58:20 PM
 #29941

The economy has been growing since 2010.
The economy has been growing since 2010.
Yes, it has been growing since 2010.

these guys used to be one of the biggest bulk carrier companies in the world.  not so much anymore:


OMG you sound like the conspiracy idiots at Zero Knowledge.  Don't you know [easy credit * car loans] = [economic growth]?

As long as credit (which is money) is growing, the economy is growing as well.
As soon as the total credit sum deflates, the economy deflates as well.
This is in short the 1x1 of capitalism, which is debitism.

Less credit (less money) = less economy
Moar credit = moar economy

https://research.stlouisfed.org/fredgraph.png?width=630&height=378&range=Max&id=TCMDO

and as Cypher and iCE elude too that does not benefit the 99% but just those with assess to type of capital you need to fund multinational corporations and there acquisitions so yes the system is growing, no it's not healthy.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
1711727069
Hero Member
*
Offline Offline

Posts: 1711727069

View Profile Personal Message (Offline)

Ignore
1711727069
Reply with quote  #2

1711727069
Report to moderator
1711727069
Hero Member
*
Offline Offline

Posts: 1711727069

View Profile Personal Message (Offline)

Ignore
1711727069
Reply with quote  #2

1711727069
Report to moderator
The forum was founded in 2009 by Satoshi and Sirius. It replaced a SourceForge forum.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1711727069
Hero Member
*
Offline Offline

Posts: 1711727069

View Profile Personal Message (Offline)

Ignore
1711727069
Reply with quote  #2

1711727069
Report to moderator
1711727069
Hero Member
*
Offline Offline

Posts: 1711727069

View Profile Personal Message (Offline)

Ignore
1711727069
Reply with quote  #2

1711727069
Report to moderator
1711727069
Hero Member
*
Offline Offline

Posts: 1711727069

View Profile Personal Message (Offline)

Ignore
1711727069
Reply with quote  #2

1711727069
Report to moderator
brg444
Hero Member
*****
Offline Offline

Activity: 644
Merit: 504

Bitcoin replaces central, not commercial, banks


View Profile
August 07, 2015, 11:32:14 PM
 #29942

Interesting piece on the 2013 fork.  https://freedom-to-tinker.com/blog/randomwalker/analyzing-the-2013-bitcoin-fork-centralized-decision-making-saved-the-day/?utm_content=buffer4f46c&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Some ungrateful people here need to show a little more respect for the work of the devs, especially LukeJr.

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
cypherdoc (OP)
Legendary
*
Offline Offline

Activity: 1764
Merit: 1002



View Profile
August 07, 2015, 11:39:19 PM
 #29943

Interesting piece on the 2013 fork.  https://freedom-to-tinker.com/blog/randomwalker/analyzing-the-2013-bitcoin-fork-centralized-decision-making-saved-the-day/?utm_content=buffer4f46c&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Some ungrateful people here need to show a little more respect for the work of the devs, especially LukeJr.

You of all people would idolize Luke jr
iCEBREAKER
Legendary
*
Offline Offline

Activity: 2156
Merit: 1070


Crypto is the separation of Power and State.


View Profile WWW
August 07, 2015, 11:49:58 PM
 #29944

Interesting piece on the 2013 fork.  https://freedom-to-tinker.com/blog/randomwalker/analyzing-the-2013-bitcoin-fork-centralized-decision-making-saved-the-day/?utm_content=buffer4f46c&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Some ungrateful people here need to show a little more respect for the work of the devs, especially LukeJr.

You of all people would idolize Luke jr

You of all ungrateful people here need to show a little more respect for the work of the devs, especially LukeJr.


██████████
█████████████████
██████████████████████
█████████████████████████
████████████████████████████
████
████████████████████████
█████
███████████████████████████
█████
███████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
███████████████████████████
██████
██████████████████████████
█████
███████████████████████████
█████████████
██████████████
████████████████████████████
█████████████████████████
██████████████████████
█████████████████
██████████

Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
cypherdoc (OP)
Legendary
*
Offline Offline

Activity: 1764
Merit: 1002



View Profile
August 08, 2015, 12:03:48 AM
 #29945

Interesting piece on the 2013 fork.  https://freedom-to-tinker.com/blog/randomwalker/analyzing-the-2013-bitcoin-fork-centralized-decision-making-saved-the-day/?utm_content=buffer4f46c&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Some ungrateful people here need to show a little more respect for the work of the devs, especially LukeJr.

You of all people would idolize Luke jr

You of all ungrateful people here need to show a little more respect for the work of the devs, especially LukeJr.

no, i for one, will be more than happy to fork away from all those devs and you, esp LukeJr.
brg444
Hero Member
*****
Offline Offline

Activity: 644
Merit: 504

Bitcoin replaces central, not commercial, banks


View Profile
August 08, 2015, 12:05:09 AM
 #29946

Interesting piece on the 2013 fork.  https://freedom-to-tinker.com/blog/randomwalker/analyzing-the-2013-bitcoin-fork-centralized-decision-making-saved-the-day/?utm_content=buffer4f46c&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Some ungrateful people here need to show a little more respect for the work of the devs, especially LukeJr.

You of all people would idolize Luke jr

I have no reason to idolize or care about Luke Jr.

Just maybe consider that he had the right insight in this particular scenario and avoided us a great deal of the trouble we would have encountered had we went with Gavin's proposed "solution.

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
2112
Legendary
*
Offline Offline

Activity: 2128
Merit: 1060



View Profile
August 08, 2015, 12:23:17 AM
 #29947

Interesting piece on the 2013 fork.  https://freedom-to-tinker.com/blog/randomwalker/analyzing-the-2013-bitcoin-fork-centralized-decision-making-saved-the-day/

Some ungrateful people here need to show a little more respect for the work of the devs, especially LukeJr.
Thanks for posting that link. It was a great example of how to manufacture panic and raise trivial resource allocation problems into widespread abuse opportunities.

It is still interesting that despite years passing nearly nobody in the Bitcoin development circles has even a passing knowledge of operational issues with database management systems.

The problem could have been trivially fixed by creating two line text file and restarting the Bitcoin daemon. The patch could be issued later after more careful analysis.

https://bitcointalk.org/index.php?topic=152208.0

The crowd around Mircea Popescu follows the same path years later:

http://qntra.net/2015/08/new-per-block-transaction-highs-wedge-some-nodes-patch-available/


Please comment, critique, criticize or ridicule BIP 2112: https://bitcointalk.org/index.php?topic=54382.0
Long-term mining prognosis: https://bitcointalk.org/index.php?topic=91101.0
iCEBREAKER
Legendary
*
Offline Offline

Activity: 2156
Merit: 1070


Crypto is the separation of Power and State.


View Profile WWW
August 08, 2015, 12:26:59 AM
 #29948

Luke Jr. ... had the right insight in this particular scenario and avoided us a great deal of the trouble we would have encountered had we went with Gavin's proposed "solution.

Frap.doc hasn't forgotten that.  It's increased his cognitive dissonance, in the form of fuel for his long lasting buttburn.

These days, gmax and ptodd don't even make his 'I hate your stupid face' shortlist!   Cheesy


██████████
█████████████████
██████████████████████
█████████████████████████
████████████████████████████
████
████████████████████████
█████
███████████████████████████
█████
███████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
███████████████████████████
██████
██████████████████████████
█████
███████████████████████████
█████████████
██████████████
████████████████████████████
█████████████████████████
██████████████████████
█████████████████
██████████

Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
cypherdoc (OP)
Legendary
*
Offline Offline

Activity: 1764
Merit: 1002



View Profile
August 08, 2015, 12:33:00 AM
Last edit: August 08, 2015, 12:47:55 AM by cypherdoc
 #29949

Interesting piece on the 2013 fork.  https://freedom-to-tinker.com/blog/randomwalker/analyzing-the-2013-bitcoin-fork-centralized-decision-making-saved-the-day/?utm_content=buffer4f46c&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Some ungrateful people here need to show a little more respect for the work of the devs, especially LukeJr.

You of all people would idolize Luke jr

I have no reason to idolize or care about Luke Jr.

Just maybe consider that he had the right insight in this particular scenario and avoided us a great deal of the trouble we would have encountered had we went with Gavin's proposed "solution.

just finished reading that.  Luke did have the right intuition right off the bat.  kudos to him.

interesting comment below:

"23:31    Eleuthria    I absolutely agree, there is no way the 0.8 chain can continue in this situation. An involuntary hardfork doesn't gain legitimacy due to majority. "

edit:  he's referring to the fact that Gox was on 0.7
cypherdoc (OP)
Legendary
*
Offline Offline

Activity: 1764
Merit: 1002



View Profile
August 08, 2015, 12:38:10 AM
 #29950

Interesting piece on the 2013 fork.  https://freedom-to-tinker.com/blog/randomwalker/analyzing-the-2013-bitcoin-fork-centralized-decision-making-saved-the-day/

Some ungrateful people here need to show a little more respect for the work of the devs, especially LukeJr.
Thanks for posting that link. It was a great example of how to manufacture panic and raise trivial resource allocation problems into widespread abuse opportunities.

It is still interesting that despite years passing nearly nobody in the Bitcoin development circles has even a passing knowledge of operational issues with database management systems.

The problem could have been trivially fixed by creating two line text file and restarting the Bitcoin daemon. The patch could be issued later after more careful analysis.

https://bitcointalk.org/index.php?topic=152208.0

The crowd around Mircea Popescu follows the same path years later:

http://qntra.net/2015/08/new-per-block-transaction-highs-wedge-some-nodes-patch-available/



wtf is this from your 2nd link?  Cripplecoiner's Idol?:


Mircea Popescu says:   
August 1, 2015 at 5:09 pm

"Bitcoin Core" is the name a collection of USG moles and assorted scammers are giving to a pile of spaghetti that's unfit to run on Windows even.

It did enjoy some temporary attention in the early days of Bitcoin, chiefly through the happenstance that there not being any actual brains involved with the project.

Meanwhile it's lost any importance, either intellectual or practical. Miners run homebrew, thinking people run the Bitcoin Foundation client. That's all, really.
Reply   
Adrian-x
Legendary
*
Offline Offline

Activity: 1372
Merit: 1000



View Profile
August 08, 2015, 12:53:58 AM
 #29951

Interesting piece on the 2013 fork.  https://freedom-to-tinker.com/blog/randomwalker/analyzing-the-2013-bitcoin-fork-centralized-decision-making-saved-the-day/?utm_content=buffer4f46c&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Some ungrateful people here need to show a little more respect for the work of the devs, especially LukeJr.

You of all people would idolize Luke jr

I have no reason to idolize or care about Luke Jr.

Just maybe consider that he had the right insight in this particular scenario and avoided us a great deal of the trouble we would have encountered had we went with Gavin's proposed "solution.

just finished reading that.  Luke did have the right intuition right off the bat.  kudos to him.

interesting comment below:

"23:31    Eleuthria    I absolutely agree, there is no way the 0.8 chain can continue in this situation. An involuntary hardfork doesn't gain legitimacy due to majority. "

I was mining on BTCguild back then, I was rather disappeared at that decision at the time but none the less developers may have stressed but in my mind it highlight how simply it was to implement a hard fork so long as the intent was honorable, also it makes the idea that one fork become an altcoin seem daft. Power players like Eleuthria knew exactly where their interests lay and voluntary gave up the advantage he had and his customer had to the benefit of the merchants who provide services to the community at large.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
Zarathustra
Legendary
*
Offline Offline

Activity: 1162
Merit: 1004



View Profile
August 08, 2015, 06:42:48 AM
Last edit: August 08, 2015, 07:30:59 AM by Zarathustra
 #29952

The economy has been growing since 2010.
The economy has been growing since 2010.
Yes, it has been growing since 2010.

these guys used to be one of the biggest bulk carrier companies in the world.  not so much anymore:


OMG you sound like the conspiracy idiots at Zero Knowledge.  Don't you know [easy credit * car loans] = [economic growth]?

As long as credit (which is money) is growing, the economy is growing as well.
As soon as the total credit sum deflates, the economy deflates as well.
This is in short the 1x1 of capitalism, which is debitism.

Less credit (less money) = less economy
Moar credit = moar economy

https://research.stlouisfed.org/fredgraph.png?width=630&height=378&range=Max&id=TCMDO

and as Cypher and iCE elude too that does not benefit the 99% but just those with assess to type of capital you need to fund multinational corporations and there acquisitions so yes the system is growing, no it's not healthy.

Capitalism (Debitism) has never been 'healthy'. It is a state bastard, cyclically growing rampant until it implodes. That's never been something for the 99%. That's the difference to an anarchistic life style of the paleolithic self-sufficient communities. The neolithic revolution is the invention of the state mafia (patriarchy), the birth of the tragedy. But collectivists (iCEmen, kRUGmen et al.) don't like anarchism.

Cypher's mentality represents the mentality of an idealist - while iCE et al. represent the mentality of the aristocrats (1%).
Zarathustra
Legendary
*
Offline Offline

Activity: 1162
Merit: 1004



View Profile
August 08, 2015, 07:43:32 AM
Last edit: August 08, 2015, 08:00:06 AM by Zarathustra
 #29953

the sweet smell of deflation:


Don't worry, if you thought Bennie's helicopter drop was large you haven't seen anything yet. The FED will panic print to dig out of the debt depression hole they've created and the only things that will survive are real assets and real money. XOM owns real assets and will still exist on the other size of the FED's crash and still pay out cash flow from operations, in whatever unit is used as currency at the time.

In a society (which is the opposite of a self-sufficient, paleolitic, pre-patriarchal, anarchic community), assets are always valued in debt (=money).
https://en.wikipedia.org/wiki/Debt:_The_First_5000_Years

When debt (money) disappeared, the society disappeared as well. That's 'life' since the neolithic revolution, the invention of the state (organized violence).

Crypto/Bitcoin is the best enemy of the society.
@Fonestar, a brilliant commentator of the articles on Zero Knowledge: "The Bitcoiners are going to totally destroy your society and your laws"
conspirosphere.tk
Legendary
*
Offline Offline

Activity: 2352
Merit: 1064


Bitcoin is antisemitic


View Profile
August 08, 2015, 10:34:37 AM
 #29954

In a society (which is the opposite of a self-sufficient, paleolitic, pre-patriarchal, anarchic community), assets are always valued in debt (=money).
https://en.wikipedia.org/wiki/Debt:_The_First_5000_Years

yeah, because no one ever used gold and silver as money, or any other commodity-money. Or if they did, they were paleolithic, like USA 1-2 centuries ago.
[/leftist drivel]
smoothie
Legendary
*
Offline Offline

Activity: 2492
Merit: 1473


LEALANA Bitcoin Grim Reaper


View Profile
August 08, 2015, 11:44:08 AM
 #29955

Interesting piece on the 2013 fork.  https://freedom-to-tinker.com/blog/randomwalker/analyzing-the-2013-bitcoin-fork-centralized-decision-making-saved-the-day/?utm_content=buffer4f46c&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Some ungrateful people here need to show a little more respect for the work of the devs, especially LukeJr.

You of all people would idolize Luke jr

You of all ungrateful people here need to show a little more respect for the work of the devs, especially LukeJr.

Uh no. No one needs to show more respect for LukeJr.

Who made him king?  Roll Eyes

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
 
Zarathustra
Legendary
*
Offline Offline

Activity: 1162
Merit: 1004



View Profile
August 08, 2015, 02:11:46 PM
 #29956

In a society (which is the opposite of a self-sufficient, paleolitic, pre-patriarchal, anarchic community), assets are always valued in debt (=money).
https://en.wikipedia.org/wiki/Debt:_The_First_5000_Years

yeah, because no one ever used gold and silver as money, or any other commodity-money. Or if they did, they were paleolithic, like USA 1-2 centuries ago.
[/leftist drivel]

Metals are only derivatives of money (which is debt, from the very beginning). Without debt, there is no economy, but self-sufficiency (anarchy).
klee
Legendary
*
Offline Offline

Activity: 1498
Merit: 1000



View Profile
August 08, 2015, 02:20:40 PM
 #29957

Gold collapsing. Bitcoin collapsing. It won't stop...
lexuz
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500

Me, myself and I


View Profile
August 08, 2015, 02:42:04 PM
 #29958

Gold collapsing. Bitcoin collapsing. It won't stop...
Not only gold and bitcoin, oil and copper collapsing too. Gold will crash under $1000 and bitcoin its hard for me to say but sorry bitcoin will crash under $250  Cry
Erdogan
Legendary
*
Offline Offline

Activity: 1512
Merit: 1005



View Profile
August 08, 2015, 03:33:43 PM
 #29959

In a society (which is the opposite of a self-sufficient, paleolitic, pre-patriarchal, anarchic community), assets are always valued in debt (=money).
https://en.wikipedia.org/wiki/Debt:_The_First_5000_Years

yeah, because no one ever used gold and silver as money, or any other commodity-money. Or if they did, they were paleolithic, like USA 1-2 centuries ago.
[/leftist drivel]

Metals are only derivatives of money (which is debt, from the very beginning). Without debt, there is no economy, but self-sufficiency (anarchy).

Evry movement have their own words...
conspirosphere.tk
Legendary
*
Offline Offline

Activity: 2352
Merit: 1064


Bitcoin is antisemitic


View Profile
August 08, 2015, 03:43:13 PM
 #29960

Metals are only derivatives of money (which is debt, from the very beginning). Without debt, there is no economy, but self-sufficiency (anarchy).

I and J.P. Morgan disrespectfully disagree:
"Gold Is Money, Everything Else Is Credit"
Pages: « 1 ... 1448 1449 1450 1451 1452 1453 1454 1455 1456 1457 1458 1459 1460 1461 1462 1463 1464 1465 1466 1467 1468 1469 1470 1471 1472 1473 1474 1475 1476 1477 1478 1479 1480 1481 1482 1483 1484 1485 1486 1487 1488 1489 1490 1491 1492 1493 1494 1495 1496 1497 [1498] 1499 1500 1501 1502 1503 1504 1505 1506 1507 1508 1509 1510 1511 1512 1513 1514 1515 1516 1517 1518 1519 1520 1521 1522 1523 1524 1525 1526 1527 1528 1529 1530 1531 1532 1533 1534 1535 1536 1537 1538 1539 1540 1541 1542 1543 1544 1545 1546 1547 1548 ... 1557 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!