Gold collapsing. Bitcoin UP.

cbeast

Active Member
Sep 15, 2015
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@bitsko
Yep that's an old piece. It doesn't mention cultists. It doesn't disqualify CSW as Satoshi Nakamoto. There are no "gotchas" in there.
 

bitsko

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Aug 31, 2015
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well, it mentions handlers within 30 seconds, which was your counter; that I had no evidence of handlers
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furthermore, his threats during the hashwar were prevented to some extent via his new investor, or shell company roundabout investor, calvin ayre
 

cbeast

Active Member
Sep 15, 2015
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He mentioned a PR firm, but not by name. Calling them handlers is an exaggeration. I weigh my evidence before throwing it out there. One's credulity belies one's credibility. Does CSW seem like the kind of person that can be "handled"? #freebritney

Yeah about his threats, promises, and pinkie-swears, He's human. Words are cheap. I try not to judge people on what they haven't done. Writing the Bitcoin White Paper and code speaks louder than spoken words. I suppose he lies. We all lie, especially to protect ourselves and our loved ones. Lying is only a crime under special circumstances and he hasn't crossed that line. If and why he lies is conjecture.
 

bitsko

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great video "Numpties: BSV as Anti-Crypto, Duros, and Branding with Alex Agut"
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He mentioned a PR firm, but not by name. Calling them handlers is an exaggeration.
why would csw be beholden to a public relations firm? who hired them? I don't understand what you don't understand.
 

cbeast

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Sep 15, 2015
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why would csw be beholden to a public relations firm? who hired them? I don't understand what you don't understand.
I laughed when my dad hired a publicist. They made him a Kentucky Colonel. 🤣 Who knows why people do that? His people skills suck for one thing.
 

torusJKL

Active Member
Nov 30, 2016
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the argument that 'bsv protocol is set in stone' has no merit, major changes have been undertaken and are still required, they will and have been implemented in a centralized fashion, if the bar for being determined a security is three years, the bsv will be able to be determined a security three years after it adjusts the amaury DAA back to original bitcoin difficulty adjustment algorithn
The "set in stone" argument is true for everything that has already been restored to the original functionality.
Since Genesis 99% has been restored and will stay.

The biggest change yet to come is the restoration of the difficulty adjustment algorithm.
But this has only an effect on miners and wallets.
If you use Bitcoin for your business (mining aside) this change should not affect you and hence for these businesses the protocol can already been regarded as set in stone.
 
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cbeast

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What would you need to see, to think that BSV isn't completely fucked for all time?
I don't believe in any human endeavor. We are all fucked. We were fucked into existence, we'll be fucked if we're lucky, and we'll be fucked at the end. What I do believe about BSV is that it is the best designed "information is money" scheme invented. If you don't see that, I don't have time to teach you, sorry.
 
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torusJKL

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Nov 30, 2016
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This is how BTC advocates get those crazy numbers of 19 million or more transactions per second on BTC.

Each Lightning Network channel adds 500 transactions per second to the Bitcoin network capacity. There are currently 41,409 channels on main net, so that adds up to a capacity of 20,704,500 transactions per second.
When they lose an argument they just redefine the meaning of definitions to their advantage.

 
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bitsko

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Aug 31, 2015
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I don't believe in any human endeavor. We are all fucked. We were fucked into existence, we'll be fucked if we're lucky, and we'll be fucked at the end. What I do believe about BSV is that it is the best designed "information is money" scheme invented. If you don't see that, I don't have time to teach you, sorry.
You don't even have time to support your own arguments.

if you don't believe me or don't get it...
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The "set in stone" argument is true for everything that has already been restored to the original functionality.
Since Genesis 99% has been restored and will stay.

The biggest change yet to come is the restoration of the difficulty adjustment algorithm.
But this has only an effect on miners and wallets.
If you use Bitcoin for your business (mining aside) this change should not affect you and hence for these businesses the protocol can already been regarded as set in stone.
on the whole it is an important narrative to signal to investors they can reliably build on the platform.

in the context of craig wrights legal arguments, its laughable, is technically untrue, and ironically BSV would be the centralized security by any reasonable metric.
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What would you need to see, to think that BSV isn't completely fucked for all time?
might need a time machine.

I'm being critical here and now, as i should have been in 2018.
The path is different but the end looks the same.
Bad decisions that fuck BSV uptake over time.
The difference to 2018 is the number of claims made that had not failed yet.
Claim to fail ratio is very high now, and btc/bsv , bch/bsv ratio very low.

Let me know if you would like an explanation on the importance of market price.
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what happens if I say nothing?

more people buy shares in a courtroom farce, and lose their money.
 
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cbeast

Active Member
Sep 15, 2015
260
299
@bitsko
Time machine isn't an argument. But like a time machine, you do waste a lot of time with non-arguments. So you think BSV is not performing the way you want? I see the low price of BSV as a boon to smart young people to possibly (standard disclaimer, not financial advice) get in on the opportunity of a lifetime that our generation squandered on greed and shortsightedness. Good for them. BSV is performing brilliantly. Smart money saw what was happening and didn't dump their BTC too soon. They use DCA, in and out.

As I've said before, the courtroom antics are probably a publicity stunt for risk awareness of this emerging tech. Your virtue signalling and concern trolling about people losing their money is poor form here. You use a lot of daytrader terminology. That is adorable.

You laugh at Creg. I laugh with him. Time will tell. I play the long game. People only lose money when they spend more than they can afford to lose.
 

torusJKL

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Nov 30, 2016
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Smart money saw what was happening and didn't dump their BTC too soon.
In hindsight everyone who stayed longer in BTC will tell you that they were the smart money.
But I think they are just the economic illiterate and social media sibyl attack influenced.

The BTC reasoning is circular.
BTC is the best because it has the highest price and it has the highest price because it is the best.

I have to admit that this strategy works much longer than I thought.

The CSW court cases don't help either.
It would be great if he invested this energy for building real products on BSV instead.
 

bitsko

Active Member
Aug 31, 2015
730
1,532
@bitsko
Time machine isn't an argument. But like a time machine, you do waste a lot of time with non-arguments. So you think BSV is not performing the way you want? I see the low price of BSV as a boon to smart young people to possibly (standard disclaimer, not financial advice) get in on the opportunity of a lifetime that our generation squandered on greed and shortsightedness. Good for them. BSV is performing brilliantly. Smart money saw what was happening and didn't dump their BTC too soon. They use DCA, in and out.

As I've said before, the courtroom antics are probably a publicity stunt for risk awareness of this emerging tech. Your virtue signalling and concern trolling about people losing their money is poor form here. You use a lot of daytrader terminology. That is adorable.

You laugh at Creg. I laugh with him. Time will tell. I play the long game. People only lose money when they spend more than they can afford to lose.
get rekt sir
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youre talking past me and pumping bsv.

shameful.
 

cbeast

Active Member
Sep 15, 2015
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In hindsight everyone who stayed longer in BTC will tell you that they were the smart money.
Nah, they just don't get emotional about trading. Using cost averaging may not make you rich quickly, but it lets you take advantage of trends instead of using day trading techniques that are gamed. Sure there are some believers that fell for the psyop and some of them are paper rich, but will probably get badly burnt because fundamentals. Another benefit of Cost Averaging is having time to find better ways to divest. Sure BSV is good, but don't get greedy and buy too much all at once. So it's not so much that smart money hung onto their BTC intentionally, it's just what they do.
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get rekt sir
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youre talking past me and pumping bsv.

shameful.
ditto
 

bitsko

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Aug 31, 2015
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recap on my arguments:

hashwar claims by csw directly damaged bsv in the marketplace, by causing delistings, which reduces speculator interest, which in turn reduces development interest, which retards the potential of bsv over time.

series of losses by csw has resulted in scorched earth level emotional grudge, which history has shown leads to more failure.

this time however, the approach is even more off the mark
 
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bitsko

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Aug 31, 2015
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some say this is a sign of things to come from csw's legal escapades...

I would say there are many ways in which csw's opponents can subvert his legal approaches, such as nullifying their effect beforehand, and not many ways csw can foist attacks legally.

Just as all of the narrative of his surrounding the hashwar was wiped away by the opponents maneuvers, so will the court battle likely be largely sidestepped and outgamed.
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bsv protocol: lightyears ahead of the competition

insufficient uptake makes that irrelevant

forks were designed to wither.

here is csw's view before the segsplit:



'not just now, but in any instance'

the time component matters; the hashwar fucked that.
 
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bitsko

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Aug 31, 2015
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here is a timeline of events, it's biased, but then again so are most bsv bagholders. the legal thing looks like a hot mess, oof.
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chart from a court bull ^
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chart ive been revising since october

may break out upwards before my latest prediction
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if im right, BCH looks like a better short to mid term gamble

 
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79b79aa8

Well-Known Member
Sep 22, 2015
1,031
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@cbeast it seems you are not heeding the spirit of bitsko's criticisms. it is not akin to boilerplate argument-free anti-BSV hogwash by small-time investors that confusedly hope such noise increases their chances of becoming rich at the crypto casino.

the common point of departure is the belief that BSV is technically superior and approaches the expected functionality of bitcoin. additionally, there has been a willingness to suspend judgment on personalities and focus on fundamentals.

at the time of the BCH/BSV split, BSV took an exciting direction, focusing on scalability, compliance and protocol stability, leading to enterprise adoption. meanwhile BCH's governance was a shambles, with an economically inept leader-dictator who eventually quit for money imposing half- baked protocol changes, and a lack of interest in the thought that massive adoption requires both stability and insertion in -- not circumvention of -- the existing legal and business framework.

yet a few years down the road the main BSV strategy has become to pursue legal cases which will not be resolved for years and whose result is quite improbably the one theorized. businesses are not onboarding. a boom cycle is going by that has lifted the entire space except for BSV. exchanges aren't listing it, the BTC narrative has become entrenched and self-fulfilling, technical difficulties remain, end usage is not picking up (effective throughput has halved since last year), and the maximalist claim that BTC would be sold to fund BSV development has been unceremoniously taken back.

so perhaps it is time to modulate the optimism? this is the attitude already taken by several BSV builders (relayx, handcash, twetch): not to count on the BA / CSW / CA strategy, indeed criticize it and continue to work despite it. these businesses cannot wait forever, revenue needs to be generated, it is not sufficient to build on the self-annointed best tech, nor is anyone expecting to convert grand cross-jurisdictional legal theories by discredited defendants into marketplace victories.

the reality is that a sustained wave of interest in crypto that could have finally led to an uptick of usage of the capable tech completely bypassed the project. the time for rosy predictions is over.