Thread: RIP Bitcoin

Originally Posted by Luigi

Will hopefully eat that fooker Earl's too.

Exactly...

Originally Posted by Luigi

Will hopefully eat that fooker Earl's too.

Hard to pin down Earl's exact prediction though. He has changed it so many times even he probably can't remember at this point.

He drinks his own piss, dontcha know.

well ups and downs are to be expected. if ur still in the gambling mode some good buys, yesterday i got back in on EOS at $ 4.22 see how that pans out.

Originally Posted by Luigi

Will hopefully eat that fooker Earl's too.

if Earl eats his penis, how is he going to get his favorite drink ?

Originally Posted by lob

on EOS

EOS will die - it is not a decentralised coin - the mainnet does not work - its nodes collude - not recommended

https://medium.com/whiteblock/eos-fo...1-895410e4cb4a

Originally Posted by Luigi

Almost December

Have you decided what to do with the profits?

Originally Posted by raycarey

BTC is down 61% YTD....and the last 48 hours have been brutal.

I think that has something to do with yesterday's fork; could be wrong but it seems in the crypto world any organised crew can fork a coin at will, issue some as divis and divi out the mother load.

Originally Posted by jabir

Have you decided what to do with the profits?

Possibly a length of rope, maybe 6 feet long.

Yay... this thread's back on track at long last

Originally Posted by Luigi

maybe 6 feet long.

surely 4 foot would suffice

Originally Posted by Dragonfly

how much is it now ?

185,000THB - US$ 5,600 back to Oct 17 level and falling.

BTC daily volumes are over a million, so somebody is buying the sales. Won't be eating my dick on prime time but might treat myself to a couple if it drops much further.

About to be a great time to buy.

That "green" car has arrived at last.

Originally Posted by Luigi

About to be a great time to buy.

This mining war is fun to watch.


The two non-mined coins in the top ten are actually going up against the flow.
That in itself is very strange. Could it be this war has actually got people thinking about crypto using logic and evidence?

i've gone all in BTC

Originally Posted by Plan B

The two non-mined coins

and not being secured by mathematical computations renders them centralised databases

people go on about the amount of power being used for PoW crypto validation , but fail to see that it needs to be this way if you want to use a trustless decentralised blockchain - not counting how much power is consumed by fiat accounting and transfer systems

pure PoW systems are not the future , and the current hash wars are only part of the reason why not - hybrid Proof of Work / Proof of Stake will be seen as the way forward for both power consumption and security of the chain.

I do think we will start to see an accelleration of the number of soft exit scams - ICOs and others created vast numbers of tokens with grand claims for the future and thse tokens were mainly paid for with ETH , but more of that ETH is being sold and minimal progress on the grand plans is happening and slowly any teams or progress will dwindle with the token/coin dying

if there has been no provision made for steady and quantifiable progress with payments from a treasury , then the ICO/coin will die

Originally Posted by baldrick

and not being secured by mathematical computations renders them centralised databases

You don't need to burn Terawatts of electricity when you use consensus. A distributed agreement protocol not a centralised database and magnitudes better than what the PoW experiment has offered.

Originally Posted by baldrick

and not being secured by mathematical computations renders them centralised databases

people go on about the amount of power being used for PoW crypto validation , but fail to see that it needs to be this way if you want to use a trustless decentralised blockchain - not counting how much power is consumed by fiat accounting and transfer systems

pure PoW systems are not the future , and the current hash wars are only part of the reason why not - hybrid Proof of Work / Proof of Stake will be seen as the way forward for both power consumption and security of the chain.

I do think we will start to see an accelleration of the number of soft exit scams - ICOs and others created vast numbers of tokens with grand claims for the future and thse tokens were mainly paid for with ETH , but more of that ETH is being sold and minimal progress on the grand plans is happening and slowly any teams or progress will dwindle with the token/coin dying

if there has been no provision made for steady and quantifiable progress with payments from a treasury , then the ICO/coin will die

that's the problem, when you keep reading bullshit white papers on crypto all day, you eventually start speaking bullshit for even simple explanation that doesn't need such bullshit verbose

a fraud for fraudsters, that's what it is, and the blockchain tech will not solve anything, because firms always fuck up tech implementation, it's not their line of business

15 years ago, it was all about bXML and how it was going to resolve everything for digital transactions for businesses, banks etc... it never did!!!

Originally Posted by Plan B

distributed agreement protocol

validating servers - who owns them and why are they the gatekeepers ?

Originally Posted by Dragonfly

15 years ago, it was all about bXML

you are still 15 years ago mr winXP

Originally Posted by Dragonfly

for even simple explanation that doesn't need such bullshit verbose

ah , you got lost and could not grep

yeah I understood, but I thought it was funny how you tried to sound "sophisticated" for explaining something very simple,

like all scammers do

yeah, 15 years ago, those who don't learn from the past, are bound to repeat the same mistakes over and over

Bitcoins and Blockchain, overhyped tech that accomplish very little, told you so from the very beginning of this thread, and you still believe in fairy tales

Originally Posted by baldrick

validating servers - who owns them and why are they the gatekeepers ?

Financial institutions, Universities, Tech Giants around the world.

You've gotta trust someone. You'd have to hit Mrs Earl levels of paranoia if you think they all be colluding against you.

Originally Posted by Plan B

Financial institutions, Universities, Tech Giants around the world.

All proven to be liars and you are happy to trust them?

Financial institutions - Global Credit Scandal,
Universities - Bought and paid for biased "research",
Tech Giants around the world - Bought and paid government lackeys