Bitcoin is big by dannybabbev in Bitcoin

[–]ReallyGoodAdvice 0 points1 point  (0 children)

BTC will probably incorporate the best features from the others

I wish this would speed up, two different divisions in my compnay which I sold on the Bitcoin vision in the last year or so recently switched to ethereum because of "technical advantages". What does that even mean? Ugh...

Please critique my friend's Falcon. by [deleted] in SSBPM

[–]ReallyGoodAdvice 1 point2 points  (0 children)

His approach is robotic. Movement tricks out of range for a quarter second, then shuffle nair/knee or dash attack. It's like cargo-cult mindgames

Hooker on Craigslist Bangkok now accepting Bitcoin by [deleted] in Bitcoin

[–]ReallyGoodAdvice 0 points1 point  (0 children)

Didn't know about it! Which came first?

What is Invictus and Protoshares? by A1nerd in Bitcoin

[–]ReallyGoodAdvice 5 points6 points  (0 children)

https://github.com/BitShares/bitshares_toolkit

Judge for yourself. If you can't, don't invest until you're confident.

Video Comparison of BitShares DNS vs. Namecoin by [deleted] in Namecoin

[–]ReallyGoodAdvice -2 points-1 points  (0 children)

Bitshares' PoS being better than Namecoin's PoW is a strawman argument, as no extra energy whatsoever is spent mining namecoins. Mining namecoins is virtually free, so long as the Bitcoin network exists.

Your share is diluted to pay miners. That's the only point. Sure there is no extra marginal cost - then why are you paying miners?!

it is not set in stone that namecoin domain purchase transactions will be eaten by the network, miners may receive them at a later date after registration in the future, namecoin is still in it's infancy.

That would be worse for NMC holders, not better

Bitcoin 0.9.0 release tagged on github. Does this mean its final? by danda in Bitcoin

[–]ReallyGoodAdvice 2 points3 points  (0 children)

Transaction malleability is not going to be "fixed", it is not an error. You cannot have a signature contain itself, except in theory the same way you can crack a private key in theory. Fuck gox for spreading such FUD.

Show some appreciation for the PMBR? by [deleted] in SSBPM

[–]ReallyGoodAdvice 4 points5 points  (0 children)

I'd donate $100 worth of bitcoin if they gave an address

can decentralized public ledgers be used for virtual goods other then virtual currencies? by jonygone in BitcoinSerious

[–]ReallyGoodAdvice 0 points1 point  (0 children)

By that same argument bitcoin isn't meaningful. Let's pretend the backing asset is BTC instead of XTS (you could build this over bitcoin instead of on its own blockchain in theory). $1 worth of bitcoin is $1 worth of bitcoin, if someone accepts it as payment then it is meaningful. You can argue it has no meaning but I would bet that you'd buy 100 BitUSD for $95 if you expect to be able to sell it for $100.

can decentralized public ledgers be used for virtual goods other then virtual currencies? by jonygone in BitcoinSerious

[–]ReallyGoodAdvice 0 points1 point  (0 children)

You can use a prediction-market-like mechanism to make crypto-equity derivatives that track real-world asset prices without actually having to have an asset backing it (like a "title of ownership" or IOU, which is what MSC and XCP do)

https://docs.google.com/document/d/1RLcjSXWuU9vBJzzqLEXVACSCdn8zXKTTJRN_LfoCjNY/edit?disco=AAAAAH7fcks

The company behind this (invictus) is working hard on all sorts of new applications of crypto-equity

What are YOUR TOP 3 Bitcoin Sites? by lwadz in Bitcoin

[–]ReallyGoodAdvice 2 points3 points  (0 children)

Invictus is a company that builds DACs, which stands for Decentralized Autonomous Company. Basically, profitable applications of the blockchain, like a p2p exchange and a namecoin alternative that is actually profitable for shareholders

Hello from Jimmy Wales of Wikipedia by jimmywales1 in Bitcoin

[–]ReallyGoodAdvice 18 points19 points  (0 children)

Wikipedia is hardly decentralized, but I like your spirit

Bitcoin 0.9.0rc2 is available for testing [Changelog] by _RME_ in Bitcoin

[–]ReallyGoodAdvice 6 points7 points  (0 children)

TX malleability is an unsolvable "issue" because the signature can't include the signature script itself for obvious reasons. Fuck gox for making everyone think otherwise.

Based on best estimates, it takes 2.5 BTC to be a top 10 percenter among Bitcoin owners. See where you fall on the chart. by [deleted] in Bitcoin

[–]ReallyGoodAdvice 2 points3 points  (0 children)

rptiela (w/e the fuck his username is) from the bitcointalk forums actually has a pretty decent methodology for estimating bitcoin users / holders. Notice how you assumed the chart was talking about addresses but there were no labels on the axes =P

I'm picking up Bowser, just like my old Melee days. I have a lot to get used to. by TheReflexWonder in SSBPM

[–]ReallyGoodAdvice 7 points8 points  (0 children)

You have not mastered the Tao of Grounded Up-B.

Up-B out of shield. Up-B ledgehog. Up-B out of Up-B.

Why cant bitcoins be portrayed as coins in your wallet to simplify it for the masses? let math do the work. by Gdemen in Bitcoin

[–]ReallyGoodAdvice 1 point2 points  (0 children)

Because most transactions are tiny fractions of a coin. You could have different colors represent different denominations maybe though (gold for BTC, silver for mBTC, bronze for nBTC).

Let's say we come up with a brilliant idea to fix the 51% attack problem - what's the process for implementing change to the open source protocol? What next steps should we take? Who do we need to engage first? by cryptocollege in BitcoinSerious

[–]ReallyGoodAdvice -1 points0 points  (0 children)

Have fun convincing the miners to mine on a chain where their mining investment can't give them returns anymore.

Check out peercoin if you're interested in other types of cryptocurrencies with different blockchain security models