Gold collapsing. Bitcoin UP.

[awemany]

@Norway: Nice find, the photo that is.

 

[Aquent]

Lol, gmax just admitted he supports censorship: "Theymos apologized to me and said that he was probably mistaken [about the censorship] and should have listened, and I responded that no-- I see what /r/btc is, and he was not mistaken."


Oh, and HaoBTC getting vocal again
With the whitepaper show indicating they will use bitcoin.org and r/bitcoin to suggest some 1mb4eva coin is bitcoin, though, not sure miners can pull anything off, but, almost all exchanges and businesses would support a scalable bitcoin, so, popcorn shortage will be a real problem if it came to almost all businesses using proper bitcoin while r/bitcoin and bitcoin.org speak of some altcoin as if bitcoin.

 

[Norway]

 

[Bagatell]

@Norway How can u/nullc spend as much time on r/BTC as he does? What's he doing posting on a Sunday morning? Shouldn't the CTO of a multi million startup be out on his yacht on the weekend?

 

[Norway]

@Bagatell
I guess he is desperate. Like Adolf in the bunker.

 

[Bagatell]

If I was desperate about anything the last thing I would be doing is trolling forums.

 

[Norway]

Yeah, it's difficult to understand how his brain work. Or doesn't work.

 

[lunar]

 

[cliff]

My thinking project for today: Cobra appears to carry a Craig-level chip on his shoulder about things, he's not at all good with feedback or questions is he?

 

[freetrader]

It wouldn't be Gmax if he wasn't casting shade on an important fix that Gavin and Satoshi made.

https://github.com/bitcoin-dot-org/bitcoin.org/issues/1325#issuecomment-230154542

I believe that guy's failure will be his ego's inability to comprehend why only part of the (Bitcoin) world and not the entire (Bitcoin) world worships the ground he stepped on.

 

[cypherdoc]

Nullc is clearly trying to redefine history with himself at the center of Bitcoin development. Don't let him do it.
[doublepost=1467565414,1467564677][/doublepost]The$76M invested in Blockstream is effectively a massive short on the Bitcoin price that bitcoin can't scale onchain . If we could get our hands on gregs and Adams pitch deck to investors, I'm sure it would say things along these lines of " Bitcoin can't scale, cuz nodes decreasing, miners centralizing, fuck Satoshi , 2TPS, Gavin bad, Mike worse, script too restrictive, settlement layer, needs fee market, LN , SC's, etc.

Unblock the stream and we could unleash the greatest short squeeze in Bitcoin history.

 

[freetrader]

Litecoin planning to implement SegWit in Litecoin Core v0.13:

developers aim to have this version released by September/October.

They're also merging in CompactBlocks among other known BIPs - no sign of Xthin.

In the longer term, we will do extensive research and development into the flexcap block size limit.

https://litecoinassociation.org/data/roadmap.pdf

 

[albin]

Let me relate a brief anecdote that permanently emotionally-colored my perception of Litecoin.

Picture early 2014, the NYDFS hearings. Charlie Lee is giving testimony alongside two ladies unrecognizable to me (I think legacy payments system people).

Like every time Lawsky phrased a question containing the word "Bitcoin", Lee would pedantically correct him "...or Litecoin". It gave me a bout of douchechills that I have yet to overcome to this day.

 

[xhiggy]

Too bad Milton Friedman died before he saw bitcoin.

 

[xhiggy]

On replacing the Fed: "I'd have a fixed amount of high powered money and just keep it there"

 

[AdrianX]

Wow there sure is a lot of pent up rage being expressed on r/btc today.

Skimming through the comments I did find a fiew newbies looking to make an impact. So I'd say it's not all negative.

I wonder if this slide was a result of the Canadian PR team taking a long weekend or an engineered pit trap so the Canadian PR team could take a long weekend.

All in all I think the stream blockers are going to have to do some PR to keep their name from becoming mud.

 

[awemany]

Greg Maxwell feels abused:

 

[freetrader]

Funny how this always pops up. Are timelocked transactions with supposedly deleted private keys the new startup stock options?


I think that comes close to my definition of a "dumb contract".

---

Has anyone written "nLockTime transactions considered harmful" yet?

I'm not suggesting that they're useless, but perhaps the point needs to be driven home that preserving them is usually a weak argument for blocking scaling and other beneficial HF changes, so a norm of 12-month expected lifetime or such like Vitalik and others suggest would be useful.

I agree with this poster:

"Bitcoins you own are only those that are a) on the blockchain and b) you have private keys for them"

 

[lunar]

I wonder if this slide was a result of the Canadian PR team taking a long weekend or an engineered pit trap

One things for sure, the timing of the 'White Papergate' came suspiciously close to the miners 'Classic terminator' announcement.

 

[cypherdoc]

well worth listening to with Sian Jones. everything from Brexit, to the BOE opening up bank accts directly with the 64M UK citizens, to regulatory hammers coming down on Ethereum/DAO, to the BOE establishing digital fiat currencies, etc. lotsa good stuff.



https://letstalkbitcoin.com/blog/post/eb137-sin-jones-regulatory-update-the-brexit-the-eu-and-the-dao