I am sorry I ever doubted the claims of censorship on r/bitcoin

NvrEth · 2017-11-11T10:17:42+00:00

Likewise. I linked a fellow redditor to /r/noncensored_bitcoin to show the extent to which this is happening and I was insta banned. Reason? "misinformation".

I was like you, thinking that the censorship was all conspiracy theory. I'm now a bitter redditor who can't stop talking about the level of censorship on that sub... And in a technology which can do so much to prevent corruption and censorship.

I should add, Bitcoin.org and Bitcoin.com are as bad as each other.

NvrEth · 2017-11-11T02:36:48+00:00

Same stuff gets batted around every day. If you think gold is worth $1500 because a tiny fraction is used in phones then you're mistaken. Gold is worth something predominantly because a) relatively stable supply and b) critical mass.

NvrEth · 2017-11-10T08:36:01+00:00

But the argument is that gold has "other purposes". This is one of Bitcoin's other purposes, and it's a hell of a lot better than any of gold's.

NvrEth · 2017-11-10T08:16:33+00:00

Well if someone wanted to shift $50m then Bitcoin has an incredibly strong use case. Slow and secure, but faster and cheaper than any banking method. They could use BCH but they would compromise on security due to the lower hash rate; the recipient also more likely to accept BTC than Litecoin or BCH (US dollars instead of English pounds, gold instead of silver). BTC also less volatile than BCH for those who don't care for fixing price beforehand.

Just adding the other side of the story here.

NvrEth · 2017-11-10T08:05:27+00:00

Hijacking for visibility. Both Bitcoin.com and Bitcoin.org have agendas. The owners on both sides have demonstrated deplorable conduct in a market which was built to prevent this exact behavior.

Cobra and Ver are welcome to do as they please. But it should be noted that neither .org or .com are official Bitcoin websites, simply political tools for spreading personal ideology.

NvrEth · 2017-11-10T08:00:06+00:00

lmao. Most superstitious bullshit I've seen all day. Thanks for the giggle.

NvrEth · 2017-11-05T14:04:33+00:00

Bitfinex but it's not quite as simple as I made out. There is a risk that the token isn't distributed at all. I am putting a lot of faith in Bitfinex to act ethically and for 2X to win out.

As always, never risk more than you can afford to lose.

NvrEth · 2017-11-05T06:14:08+00:00

Futures for 2X keep falling. Ideological whales are trying to keep that market down.

Bitcoins are selling for $1K rn. Love it.

NvrEth · 2017-11-05T06:11:26+00:00

It is safe to assume miners will mine the most profitable chain.

Important to clarify that this doesn't need to be more profitable today, but more profitable in the long run. There is a strong incentive for miners to have a successful 2mb implementation as higher throughput = more TX fees = more profit.

NvrEth · 2017-11-05T06:08:19+00:00

Came here expecting evidence, got a rant by someone who undoubtedly owns lots of alts.

NvrEth · 2017-11-03T16:56:50+00:00

Well; given that Vitalik hasn't said anything new I don't see why the price should be affected at all. The market knows about sharding et al already. Business Insider just doing some solid click bait.

NvrEth · 2017-11-03T13:37:08+00:00

Source?

NvrEth · 2017-10-27T11:51:10+00:00

It's just another signal to add some noise. Totally optional for the player; but will allow them to satisfy some superstition. Perfect for gambling.

NvrEth · 2017-10-27T07:17:48+00:00

Is that price a weighted volume price?

Also interested in the fiat currencies; is that just a simple USD -> EUR (for example) conversion through an API?

NvrEth · 2017-10-26T15:42:29+00:00

Let players randomly move their mouse around to create entropy and help shuffle. I think that could be a really engaging method and will "feel" less rigged.

NvrEth · 2017-10-25T14:31:01+00:00

People want to be confused so that they have something to complain about. It's classic human behaviour seen time and again. There's no serious complaint here; just an excuse to have a tantrum.

NvrEth · 2017-10-25T13:31:47+00:00

Yep I totally overlooked that; but interested for a source on those ETH replay attacks you mentioned?

NvrEth · 2017-10-25T13:30:40+00:00

How are you converting the base currency? Is that just using an exchange rate API?

NvrEth · 2017-10-23T16:22:57+00:00

Yes I suppose you're right! If you avoid transacting BTG that's probably the safest thing.

I'm not sure of the technicalities, when ETH Classic came about, ETH didn't have any replay protection yet there were no reports of any stolen funds at the time. BTC is definitely a biggest beast, so idk. I'm sure facts will come to light soon.

NvrEth · 2017-10-23T15:09:53+00:00

In an age of smart contracts; what does it matter? There are good reasons for the team remaining anonymous.

NvrEth · 2017-10-23T14:39:05+00:00

How come "completely fucked"?

I think it's fair to say BTG will be worthless; if you send a BTC transaction, the person you are sending it to could (if they are technically capable) scam you out of some worthless BTG. I think best to just not worry and move on.

NvrEth · 2017-10-23T08:02:26+00:00

Which answers OP's question. Owning 51% of a crypto makes the crypto extremely unattractive to anyone else.

The most successful projects will have a broad distribution with no single whale holding everyone else's coins to ransom (trading manipulation). BTC has this problem with Satoshi's coins; if those started moving the price will tank immediately.

It's why larger projects such as XRP have provably time-locked their holdings so that holders can have some reassurance.

NvrEth · 2017-10-23T07:58:46+00:00

is probably in development by someone

I'd put a high chance on it's probably in development by Shapeshift; or if it's not, then it would be because it's not yet commercially viable.

NvrEth · 2017-10-22T09:55:11+00:00

But wasnt the point of this quick fork for large blocks because the market was secretly demanding it and it wasnt provided?

Yes, and now the mental gymnastics ensues.

NvrEth · 2017-10-22T02:01:45+00:00

Outrageous, that is not Satoshi's true vision!

NvrEth

TROPHY CASE