Gold collapsing. Bitcoin UP.

Discussion in 'Economics and Policy' started by cypherdoc, Aug 28, 2015.

  1. Justus Ranvier

    Justus Ranvier
    Expand Collapse
    Active Member

    Joined:
    Aug 28, 2015
    Messages:
    791
    Likes:
    3,245
    reddit:
    ABlockInTheChain
    @Justin The reason I asked for a convenient csv is because it's a list of horrible people that nobody should listen to anyway.

    The time at which the screenshot was taken is irrelevant.
     
    8up, Norway, freetrader and 4 others like this.
  2. Justin

    Justin
    Expand Collapse
    New Member

    Joined:
    Apr 28, 2017
    Messages:
    8
    Likes:
    0
    reddit:
    juscamarena
    Might as well ban everyone following it now if you want to continue to stay in your little filter bubble.
     
  3. albin

    albin
    Expand Collapse
    Active Member

    Joined:
    Nov 8, 2015
    Messages:
    847
    Likes:
    3,558
    reddit:
    d4d5c4e5
    There is nothing that reeks of desperation as much as the apologia of a useful idiot.
     
    throwaway, Norway, freetrader and 2 others like this.
  4. Justin

    Justin
    Expand Collapse
    New Member

    Joined:
    Apr 28, 2017
    Messages:
    8
    Likes:
    0
    reddit:
    juscamarena
    @albin so you resort to name calling, is that how it is?

    I provided facts, if you don't like that then that seems to be your problem. Desperation by fact checking, sure thing buddy!
     
  5. bitsko

    bitsko
    Expand Collapse
    Active Member

    Joined:
    Aug 31, 2015
    Messages:
    114
    Likes:
    336
    reddit:
    bitsko
    jake, throwaway, Norway and 6 others like this.
  6. albin

    albin
    Expand Collapse
    Active Member

    Joined:
    Nov 8, 2015
    Messages:
    847
    Likes:
    3,558
    reddit:
    d4d5c4e5
    @Justin

    Aww sweetie, must be scary outside your little safe space!
     
    throwaway, freetrader and majamalu like this.
  7. Justin

    Justin
    Expand Collapse
    New Member

    Joined:
    Apr 28, 2017
    Messages:
    8
    Likes:
    0
    reddit:
    juscamarena
    Hey, @bitsko! Haven't read it, I'll get back to you on that.

    @albin don't worry I'm used to jackasses like you resorting to personal attacks because they lack the intellect to counter and reply with facts. I frequent shit holes like r/btc and deal with people like you on the daily, don't worry if I were a snowflake I wouldn't be here. Maybe 2 seconds of thinking would have gotten you to that realization. Fuck off.
     
  8. albin

    albin
    Expand Collapse
    Active Member

    Joined:
    Nov 8, 2015
    Messages:
    847
    Likes:
    3,558
    reddit:
    d4d5c4e5
    @Justin

    How noble of you to slum it "on the daily" with your inferiors!
     
    throwaway, Norway, KoKansei and 3 others like this.
  9. jake

    jake
    Expand Collapse
    New Member

    Joined:
    Sep 26, 2016
    Messages:
    10
    Likes:
    72
  10. Justin

    Justin
    Expand Collapse
    New Member

    Joined:
    Apr 28, 2017
    Messages:
    8
    Likes:
    0
    reddit:
    juscamarena
    Inferiors? No, I just don't drown myself in the same groupthink like you do, or as you would say keep myself isolated in communities with censorship. You, however, have shown quite clearly that you are a real show of character as a first impression, I'm honestly not surprised.
     
  11. AdrianX

    AdrianX
    Expand Collapse
    Well-Known Member

    Joined:
    Aug 28, 2015
    Messages:
    1,347
    Likes:
    3,661
    It's a little sad that our new member would take such a hard line and negative reaction to that list of asicbleed trolls.

    From the outside looking in he does have a point in that, that list of trolls would have only signed up soon after the site was made public.

    Given the rate at which the story exploded and the tone of the story and how early that list was made public and some of the names involved this was notably an engineered PR campaign.

    In the light of the facts of the story and how it has unfolded it's ended on a very positive note with the manufacturer fixing a bug in hours that could have resulted in a centralized point of failure.

    Useful Idiot does seem like an appropriate term for the man thinking the story still has legs by proving there is an inconsistency of timing give when the list of trolls was made public.

    It's obsolete now the issue is fixed and what is clear now more than ever before is we need to remove the transaction limit for safety reasons, (mining hashrate is 100% voluntary and it is not guaranteed - if 70% stop mining tomorrow we would need bigger blocks to accommodate network backlog during the time it takes the difficulty to adjust.

    Core's incompetence is putting the whole network as risk insisting the limit be maintained. Just think what would have happened has the CIA done a MITM attack and turned off 70% of the network.
     
    #19251 AdrianX, Apr 29, 2017
    Last edited: May 18, 2017
  12. Dusty

    Dusty
    Expand Collapse
    Active Member

    Joined:
    Mar 14, 2016
    Messages:
    280
    Likes:
    843
    Good point!

    Incidentally, that's why in case of fork the old (core) chain would need to change PoW to survive: the 1MB limit is exactly what would kill them due to the limit of transaction processing with a much higher delay between blocks.
     
    jake, 8up, majamalu and 4 others like this.
  13. Zarathustra

    Zarathustra
    Expand Collapse
    Active Member

    Joined:
    Aug 28, 2015
    Messages:
    559
    Likes:
    1,645
    The censored BS 'forums' of the North Coreans would upvote your BS. The uncensored ones won't.
    That's how it goes, and everybody knows.
     
    8up, majamalu, throwaway and 4 others like this.
  14. Zarathustra

    Zarathustra
    Expand Collapse
    Active Member

    Joined:
    Aug 28, 2015
    Messages:
    559
    Likes:
    1,645
    Yes. As @Justus Ranvier tweeted:

    "The only problem BItcoin has is that too many people in Bitcoin both worship and fear a band of pathological liars."

     
    freetrader, lunar, 8up and 6 others like this.
  15. AdrianX

    AdrianX
    Expand Collapse
    Well-Known Member

    Joined:
    Aug 28, 2015
    Messages:
    1,347
    Likes:
    3,661
    it was @Richy_T that original made the point on reddit.
     
    Dusty, bitsko and bluemoon like this.
  16. lunar

    lunar
    Expand Collapse
    Active Member

    Joined:
    Aug 28, 2015
    Messages:
    639
    Likes:
    2,609
    v #wishey washy opinion post: v

    This is something i've been thinking about recently. Namely, how I believe bitcoin will put an end to corruption. (or more precisely exposing true supply and demand) The world is messed up, and humans are very mixed bag. It's messed up because governments/businesses and people often say one thing but do another. Take the average politician, they might spout ideals pro this or that, but their actions often prove otherwise. This leads to frustration and misunderstandings from the public.

    The reality is that it's not messed up at all, it's just that the incentives are not properly exposed and public. I think this is what we are slowly seeing with the blocksize debate. Honest actors, (def. rational entities, that hold or want to acquire more bitcoin.) have remained pretty much constant in their reasoning and actions. Some have quit/moved on, which is a rational response to a roadblock, others have been slow to come around. (due to the big hurdles on the knowledge market trail) but the ones to watch, the ones whose incentives are not honest, are the ones who goalpost shift and will seeming say and do anything to support their hidden see Peter Todd's flip flop above ^ (increasingly exposed) agendas/arrogant egos.

    [​IMG]

    @bluemoon the 'moral and intellectual failure' has been going on for centuries, unfortunately the average person has neither the time, education or the intellectual capacity to see past their preconceptions and understand the problem, let alone the act in favour of a beneficial solution. Our only hope is that Bitcoin's network effect and embedded incentives are strong enough to drag them kicking and screaming into a better system.
     
    freetrader, Dusty, 8up and 7 others like this.
  17. Peter R

    Peter R
    Expand Collapse
    Well-Known Member

    Joined:
    Aug 28, 2015
    Messages:
    1,194
    Likes:
    4,501
    reddit:
    Peter__R
    steffen, jake, Bloomie and 18 others like this.
  18. BldSwtTrs

    BldSwtTrs
    Expand Collapse
    Member

    Joined:
    Sep 10, 2015
    Messages:
    83
    Likes:
    334
  19. Dusty

    Dusty
    Expand Collapse
    Active Member

    Joined:
    Mar 14, 2016
    Messages:
    280
    Likes:
    843
    @BldSwtTrs : My response:
     
  20. Dusty

    Dusty
    Expand Collapse
    Active Member

    Joined:
    Mar 14, 2016
    Messages:
    280
    Likes:
    843
    Emergent Consensus in Bitcoin
     
    steffen, jake, molecular and 9 others like this.