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tight money supplies make for bad and useless currency. if it's not a currency, what is bitcoin good for? what is going to drive the demand that makes the price rise? just more speculation? someone dumber than you to buy it at a higher price?
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Nov 24, 2019 17:16
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Soricidus posted:you sure are posting a lot for someone who’s dead, “david” gerald cotten
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Nov 24, 2019 17:42
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Notorious b.s.d. posted:what is going to drive the demand that makes the price rise? just more speculation? someone dumber than you to buy it at a higher price? its this
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Nov 24, 2019 18:16
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Ok, I'll break it down I guess. At some point you have to trust something if you are signing digital works for authenticity. So you need some authority to link person X to digital content Y. If deepfakes are a thing, you can't trust some digital media of someone claiming an address on some blockchain. So there needs to be some trusted authority at some point in the trust chain. If there's a trusted authority, blockchain doesn't matter. Just trust the authority. Kind of the same reason why blockchain didn't solve the problems of DNS with namecoin. At some point you need a certificate authority. If its not centralized/trusted it doesn't work (in ways that blockhain doesn't solve - being immutable != being accurate). Blockchain isn't some panacea that solves all the things. Its a bullshit slow database that Bitcoin needed. That's all.
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Nov 24, 2019 18:19
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browsers castle posted:Ok, I'll break it down I guess. At some point you have to trust something if you are signing digital works for authenticity. So you need some authority to link person X to digital content Y. If deepfakes are a thing, you can't trust some digital media of someone claiming an address on some blockchain. So there needs to be some trusted authority at some point in the trust chain. If there's a trusted authority, blockchain doesn't matter. Just trust the authority. weird it like we've been saying that for a decade 
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Nov 24, 2019 18:31
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so if the lightning bolt means they support the ss and the tornado means they worship hurricane dorian what does this mean?
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Nov 24, 2019 18:39
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Boxturret posted:so if the lightning bolt means they support the ss and the tornado means they worship hurricane dorian what does this mean? hammerlicker enjoys camcorders and model airplanes
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Nov 24, 2019 18:43
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Cryptoqueen: How this woman scammed the world, then vanished https://twitter.com/randomnine/status/1198607754086232064
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Nov 24, 2019 19:24
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browsers castle posted:Ok, I'll break it down I guess. At some point you have to trust something if you are signing digital works for authenticity. So you need some authority to link person X to digital content Y. If deepfakes are a thing, you can't trust some digital media of someone claiming an address on some blockchain. So there needs to be some trusted authority at some point in the trust chain. If there's a trusted authority, blockchain doesn't matter. Just trust the authority.
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Nov 24, 2019 19:27
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CampingCarl posted:does "break it down" mean destroy your own previous arguments or just start talking about something else when cornered? or source your quotes. Transaction speed isn't that interesting. You can put a payment network on top of anything. What's interesting is the absolute scarcity and censorship resistance. Gold is confiscatable. Bitcoin is not. A real innovation here is algorithmic, immutable, global property rights to a new thing with value.
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Nov 24, 2019 19:38
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remember when the police sold off all the bitcoins they confiscated off fross after he was arrested? good times
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Nov 24, 2019 19:43
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browsers castle posted:Transaction speed isn't that interesting. You can put a payment network on top of anything. What's interesting is the absolute scarcity and censorship resistance. Gold is confiscatable. Bitcoin is not. A real innovation here is algorithmic, immutable, global property rights to a new thing with value. tell me more
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Nov 24, 2019 19:44
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cool biRd pics posted:Cryptoqueen: How this woman scammed the world, then vanished dang. that was a rollercoaster.
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Nov 24, 2019 20:17
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lol https://twitter.com/matt_odell/status/1198320594472914944
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Nov 24, 2019 20:31
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browsers castle posted:Transaction speed isn't that interesting. You can put a payment network on top of anything. What's interesting is the absolute scarcity and censorship resistance. Gold is confiscatable. Bitcoin is not. A real innovation here is algorithmic, immutable, global property rights to a new thing with value. cool biRd pics posted:Cryptoqueen: How this woman scammed the world, then vanished
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Nov 24, 2019 21:10
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browsers castle posted:Transaction speed isn't that interesting. You can put a payment network on top of anything. What's interesting is the absolute scarcity and censorship resistance. Gold is confiscatable. Bitcoin is not. A real innovation here is algorithmic, immutable, global property rights to a new thing with value. source the corpus you trained your GAN on
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Nov 24, 2019 21:39
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it's so hard to tell the difference between legitimate bitcoiner words, ironic bitcoiner words, copied out of context bitcoiner words, or ai bot mashed together bitcoiner words. really it's kind of impressive someone should write a paper on it
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Nov 24, 2019 21:56
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That was fun: https://cryptopanic.com/zenethics/comments This guy zenethics posted:Gold is dead, no innovations for 2000 years, no use case. zenethics posted:It'll stabilize in the millions when the inflation rate goes below 1%. zenethics posted:Ugh, I wonder if you're this exhausting to talk to in person. Whatever dude keep being wrong, time will show you. zenethics posted:Yes. John McAfee is my spirit animal. 
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Nov 24, 2019 22:01
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pgroce posted:source the corpus you trained your GAN on Transaction speed isn't that interesting. You can put a payment network on top of anything. What's interesting is the absolute scarcity and censorship resistance. Gold is confiscatable. Bitcoin is not. A real innovation here is algorithmic, immutable, global property rights to a new thing with value. Transactions are really, really expensive. I don't see this becoming an overnight revolution as we'll be relying on cloud-based cloud-sync and some other small tweaks to improve the situation, but these values are in their essence fundamental. So that's exciting, even if you don't use bitcoin. When you started to see the correction in Bitcoin price, it looks like it was a prolonged correction, that it really cleared out any positive momentum and you started to see a pretty steep downward move as a result of which I would say this correction was more or less pegged to the price.So my first concern would be that we do have a correction and a potential long-term uptrend in Bitcoin price at some point in time, whether it's this year or in the near future. Let's take a look at how I am predicting these two scenarios. Scenario 1: Bitcoin price starts moving up and it has a good start, stays where it is for a while, and is heading toward a move towards the new highs: Scenario 2: Bitcoin price starts moving up, but has a below-average start, stays at this higher level for a while For both scenarios, the cryptocurrency's value rises, and goes to new highs. The second scenario also shows the divergence in valuation between fiat currency and bitcoin - the former remains flat and slowly slips away while the latter grows in value significantly. This might suggest the growing demand for bitcoin as an investment, although you need look no further than this week's Brexit debate to get a sense of how much currency is actually considered valuable. You can follow the author on Twitter here
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Nov 24, 2019 22:24
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if there’s anything I’m zen about, it’s ethics
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Nov 25, 2019 00:53
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browsers castle posted:Ya, maybe. If BTC dips I can buy more before the general public understands what absolute scarcity means. If it pumps I make money. Win-win. Don't care. pure profit am i right folks
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Nov 25, 2019 16:25
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Should I buy a bitcoin?
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Nov 25, 2019 18:16
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EorayMel posted:Should I buy a bitcoin? depends. are you currently digging a hole?
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Nov 25, 2019 19:26
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EorayMel posted:Should I buy a bitcoin? sure, it will never ever be worth less than $10,000 US
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Nov 25, 2019 22:07
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7199>10000 it's just math
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Nov 25, 2019 22:16
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EorayMel posted:Should I buy a bitcoin? do you: - have useless money you would otherwise literally be burning? - want to buy drugs, guns, and assassination futures on the darkwebs? - lust for the cryptoanarchistic future where you will live in a technoparadise lording it over the nocoiner peasants? - care very deeply about the distinction between pedophilia and ephebophilia? if so, the answer may be yes!
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Nov 25, 2019 22:43
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I have an overwhelming lust for coin
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Nov 25, 2019 23:09
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The Bitcoin fascinates me!
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Nov 25, 2019 23:13
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Sham bam bamina! posted:The Bitcoin fascinates me! SSAME!
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Nov 25, 2019 23:19
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he price of bitcoin will continue to increase," Nakamoto added. While bitcoin's price has fallen to record lows, Nakamoto sees the potential for bitcoin to reach a new peak of more than $100. Read the full statement from Nakamoto below. Disclaimer: The writer owns bitcoins, but doesn't own MtGox. Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in BitMEX. Image via Flickr The leader in blockchain news, CoinDesk is a media outlet that strives for
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Nov 26, 2019 00:31
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A nakamoto predict he own price of bitcoin. a shameful nakamoto
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Nov 26, 2019 00:38
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Has anybody said "buttcoin" yet? I haven't, but it seems people really like it. Seriously, though, it would be a simple matter to move our symbols into a hot (BIP39) address, and to issue these little stubs to anyone who wants to participate. There's also little incentive for someone to keep money in a stash which could be lost to a website hack that takes the logo and all funds to an irreparable level of irrelevance. I'm just kidding, that was too intense a thought experiment. --- Has anybody said "buttcoin" yet? No, not to anyone, but it is definitely in the conversation. So is "bactacoin" — too. In any case, we made a conversation about what's in the future of a cryptocurrency and we asked readers, so the value of bitcoin is approaching a half-a-billion dollars, well ahead of last year's value. Like other currencies, the cost of buying bitcoin has gone up, but the growth is dizzying, so it might be a while before prices stabilize. You may also
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Nov 26, 2019 00:40
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someone said buttcoin: I'm just kidding, that was too intense a thought experiment.
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Nov 26, 2019 01:50
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bit coin
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Nov 26, 2019 02:23
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Someone said buttcoin and I thought they meant butt bones," a miner says. "Fartbuttcoin" was then used to describe the coin, which was subsequently condemned by the community. "As an entrepreneur, we need to be careful about using something as vulgar as the term 'buttcoin', as it can cause severe damage to the image of the Bitcoin industry," said Gavin Andresen, who helped design Bitcoin. "It really seems to be misunderstood and we're all for bringing honest, fair and mature coins like BTC to the marketplace."
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Nov 26, 2019 02:37
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browsers castle posted:Transaction speed isn't that interesting. mlyp
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Nov 26, 2019 02:44
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EorayMel posted:You may also
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Nov 26, 2019 04:02
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shitcoin
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Nov 26, 2019 04:28
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jimmyjams posted:shitcoin whoa whoa let’s not say things we can’t take back 
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Nov 26, 2019 06:32
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number go up: YOU WILL ALL BE MY NOCOINER SLAVES number go down: https://twitter.com/twobitidiot/status/1199134168136990720
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Nov 26, 2019 09:52
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