Gold collapsing. Bitcoin UP.

Richy_T

Well-Known Member
Dec 27, 2015
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I came up with the idea of inviting CSW/SN on BU's conference in Arnhem. The result speaks for itself. What is your point?
I'm talking about the Oxford Union.

You picked 3 points from my list with weak arguments @Richy_T. Do you agree with the rest of my points? It's not just blah, blah, blah. It just isn't. You're wrong.
I picked three that I could easily answer from the top of my head. Others have answered most of the other points eloquently (such as the apostate Jameson Lopp). The blah blah blah is designed to muddy the waters and waste peoples time which is exactly how you are employing it.

Ironically enough, I would be more open to CSW if it weren't for all the blah blah blah. No one else who is operating honestly seems to need it.
[doublepost=1560130177][/doublepost]The copyright office has stated that the registration is in no way a verification of identity so unless we see some lawsuits (Have BU or ABC or bitcoin.com received cease-and-desists yet?), it is, indeed, more blah blah blah.
 

79b79aa8

Well-Known Member
Sep 22, 2015
1,031
3,440
What we will see is most miners turning off after a block is found since it is not worth their electricity cost to continue mining, since a new block is now worth almost zero. Then over time more and more miners switch back on as the mempool fees build back up. We will see drastically more hash power activate as it gets closer to the 10 minute mark.
this is a most interesting prediction. question: if the economic incentive for all hash becomes to thus mine intermittently, what would be keeping the avg. interval between blocks at 10 mins.?
 

cypherdoc

Well-Known Member
Aug 26, 2015
5,257
12,998
Just finished watching it now. It's awesome! I'm so inspired!
CSW successfully took on every challenge in the Q&A, imo. he handled the feminist tendencies and general skepticism of the moderator, the technical challenge from an IOTA fan, the historical challenge of the Wayback troll, and the economic skepticism from a journalist. and no, he didn't storm off the stage in a rage quit like that stupid fake news article claiming he did right after his talk. IOW, he did great; a must see.
 
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Richy_T

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Dec 27, 2015
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this is a most interesting prediction. question: if the economic incentive for all hash becomes to thus mine intermittently, what would be keeping the avg. interval between blocks at 10 mins.?
The difficulty adjustment. It may vary until the next adjustment but then it should be put back in line. This assumes it's stable (which is probably reasonable but might not be the case. See how the hash rate swung wildly after the BCH fork (thanks Amaury /s)).
 

digitsu

Member
Jan 5, 2016
63
149
The difficulty adjustment. It may vary until the next adjustment but then it should be put back in line. This assumes it's stable (which is probably reasonable but might not be the case. See how the hash rate swung wildly after the BCH fork (thanks Amaury /s)).
Simple. Why do you think you need a block to confirm whether your txn is good?
Once you realize the simplicity of TRUE SPV (no, presently no 'spv clients' are true), and how to secure SPV payments to whatever confidence level you wish, then why do blocks matter?

Txns will simply pile into the mempool until it becomes economically profitable for miners to turn on their miners. Some miners may keep small amounts of their miners up just to keep the lights on and mine opportunistically. Small miners may have a chance at winning a couple of blocks by banding together during these times. Free market is a beautiful thing when you let it work unfettered by central planners.

Indeed, if you think about it, this regime is the only way the system will work once block subsidies are insignificant and fees dominate.
 

RollieMe

Member
May 6, 2018
27
49
The copyright is registrated now. The copyright was earned when the paper and code was written. You can challenge the copyright if you want. But you are not going to do it. It was never meant as proof of anything. It's the legal ground work you do before you fight battles in court. The idea that the registration is proof of anything is a straw man. But it's also a clou to the observant because it's a costly signal.
I looked it up and it costs $20 to file and the penalty for making a false representation is $2500. Tellingly, "No private right of action exists under this provision." If CSW lied and the real Satoshi or the government went after him for it, then he'd have:

* penalties for any copyright infringement itself (has there even been any potential infringement?), and
* the $2500 fine for the false registration.

I could register the copyright and, knowing I'm not infringing on the rights of the actual copyright holder, I could rest safe in the knowledge that I'd only be up for a maximum fine of $2500 and no jail time. So the act of registering itself isn't really a costly signal at all.


https://www.justice.gov/jm/criminal-resource-manual-1856-copyrights-false-representations-17-usc-506e
 
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Zarathustra

Well-Known Member
Aug 28, 2015
1,439
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I picked three that I could easily answer from the top of my head.
You couldn't answer. You could just deliver more blah blah blah.

The blah blah blah is designed to muddy the waters and waste peoples time which is exactly how you are employing it.
You are wasting peoples time with your one liners and non-answers. If you want to compete with researchers such as @Zangelbert Bingledack, you would have to do some work (PoW). You can't rely on the work of those sick Bitcoin destroyers (Maxwell, Lopp et al.).
 

kyuupichan

Member
Oct 3, 2015
95
348
this is a most interesting prediction. question: if the economic incentive for all hash becomes to thus mine intermittently, what would be keeping the avg. interval between blocks at 10 mins.?
The difficulty adjustment. The mean would remain at 10 mins (within random fluctuations and the general trend to more hashpower). What would change would be variance would shrink.

So Zerg's attempts to fix what isn't broken with long-tail blocks are unnecessary.
 

go1111111

Active Member
As someone who has absolutely zero belief that CSW is Satoshi, in a CSW vs NULLC battle, I'd be cheering for Craig, I have to admit. Satoshi's identity is a sideshow. Maxwell and friends have materially damaged something that was (and likely still is) a pivotal idea in the history of mankind.
This was one of CSW's key strategies in fooling so many people. He was willing to go after Core in a more aggressive and Trump-like way than anyone else, so big blockers who had all this anger at Core were like "finally, someone is treating Core how they deserve to be treated. Maybe there's something to this CSW guy, maybe he's really Satoshi. That would be so cool if Satoshi himself was calling out Core like this.."
 
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cbeast

Active Member
Sep 15, 2015
260
299
Let me get this straight. In a recent Ryan video he spoke about yet another benefit of transaction malleability. When adding LARGE data files to the blockchain OP_Return, malleability can be used to strip out the data, yet maintain the signatures and outputs. This allows the blockchain to propagate without the data, but with a different hash. Did I get this correct?


OMG Bitbus ))))) Save only your own data
 
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torusJKL

Active Member
Nov 30, 2016
497
1,156
Anyone have a tute for how to change my godaddy email server to moneybutton?
Moneybutton does not provide email services.

In the future they will provide a service to use their paymail services with your domain to enable paymail with your existing email address.
Once this is ready you will not need to change the existing email settings at Godaddy but add an additional paymail entry.
 
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cbeast

Active Member
Sep 15, 2015
260
299
@torusJKL
I believe Ryan specifically said that your godaddy email can be pointed to moneybutton. Of course it wouldn't be for SMTP. I would hope they create an OP_Return based email option for moneybutton (if they haven't already.)
 
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torusJKL

Active Member
Nov 30, 2016
497
1,156
Yes, he said that.
What I wanted to say is that it is not your email.
It's your paymail, which might look identical to your email.

If it becomes mainstream the two might become interchangeable names.
 
This was one of CSW's key strategies in fooling so many people. He was willing to go after Core in a more aggressive and Trump-like way than anyone else, so big blockers who had all this anger at Core were like "finally, someone is treating Core how they deserve to be treated. Maybe there's something to this CSW guy, maybe he's really Satoshi. That would be so cool if Satoshi himself was calling out Core like this.."
Yes, this was the most appealing of his Arnheim speach. Nobody ever said it with such anger and clearness what so many people thought about core. I transcripted some parts for my blog, and I noticed a trumpeskian style, short, clear sentenced. Message, point.

Would be a good tactic if you want to play Satoshi. But would also be a plausible reaction of Satoshi. One of the reasons coreans hate csw more than anyone else.

What with the next steps? Alienating Emin by calling selfish mining theory cancer? For some weird reason csw shot against selfish mining as early as spring 2016, on the site he put on after his outening, long offline. Why?

And than .. Breaking with bu, than with ABC, to defend the design Satoshi appears to have recognized? It was all about new op codes. Whats the idea of first integrating in big block community by being loudest against a shared enemy - and than isolating yourself in this community? Why having such tantrums on Twitter, why zero compromise on some issues, even when this will effect in former friends now shouting faketoshi?

And meanwhile, creating warehouses of hashing machines, a software development company and so much more, to defend the design which might be what Satoshi wanted?

I agree, the theory that Craig is Satoshi has a lot of strange parts. But the theory that he isn't has as many strange parts, if not more.

In any way, no matter how this story plays out, it is stranger than fiction. That's why I like it in general and can't understand all this anger. And while it lasts, I like what csw is creating around bitcoin.
 

Richy_T

Well-Known Member
Dec 27, 2015
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@Richy_T couldn't find it, do you have a link?
@lunar, thanks for being a gent about me not being able to provide a citation. I went digging through my posts and found this from Dec 2016. I'm not sure if that's the earliest I mused on the concept or not (I think I might have spoken of it earlier since I think I was thinking of them just switching off at first). It's not really important, I just don't think it's a particularly special concept.

https://bitco.in/forum/threads/gold-collapsing-bitcoin-up.16/page-857#post-32230
 
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