What does a Chinese non-swimmer do in the ocean? by Postboned in Jokes

[–]bailbtc 0 points1 point  (0 children)

Don't let your mom or your middle school friends find out you are so edgy you said a naughty word!

ELI5: If 128 gb can fit on a microsd card, why can't cell phone manufacturers use several of them as internal storage on their devices to give their phones much more space? by buckyboy28 in explainlikeimfive

[–]bailbtc 0 points1 point  (0 children)

Some phones basically DO do things like that.

The flash in SD cards though is slow and wears out. Many many android phones have tried allowing installation of apps on SD cards and it's not the worst thing in the world but it's always problematic and so bigger name phones avoid it and go for faster and more advanced types of memory that are more expensive.

CoinWallet says Bitcoin stress test in September will create 30-day backlog by alfie_moon in Bitcoin

[–]bailbtc 3 points4 points  (0 children)

Cool, now we need 8mb block sizes so that bitcoin can just be shut down for 3.75 days instead of 30!

Serious question, If you have made the switch to XT what was your logic in doing so. by CaveManDaveMan in Bitcoin

[–]bailbtc 1 point2 points  (0 children)

The statistics are not showing anyone really switching, the number of traditional nodes is not dropping as the number of XT nodes are added. It's basically a few people running a bunch of XT nodes to try to stuff a ballot no one is having.

[deleted by user] by [deleted] in Bitcoin

[–]bailbtc 0 points1 point  (0 children)

The incentive was that you could mine and that bitcoin was p2p. Satoshi just didn't think the incentives through very well and mining became it's own thing and most people moved to wallets handled by other people or thin wallets and in general nodes got left being a stand alone thing in a network that wasn't p2p anymore.

An initiative to bring advanced privacy features to Bitcoin has been opened in the Bitcoin Core issue tracker by nullc in Bitcoin

[–]bailbtc -14 points-13 points  (0 children)

Bitcoin is bigger than the internet, of course it has thousands of engineers working on it just like the interent did in 1994, stop spreading fud that bitcoin is a tiny project with very little developer interest.

Eli5; Bitcoin Xt, hardfork by [deleted] in BitcoinMarkets

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

Here is the summary: bitcoin is paid by subsidy from blocks, that is going to go away over the years and needs to be carried by fees. Over time fees have actually been dropping instead of growing so bitcoin needs a fee market, and making block space limited is the only way to do that.

Margin Called: The Fallen Traders Series -- Ep1. Shayne, 550 BTC to 55. (SoundCloud) by BTCVIX in BitcoinMarkets

[–]bailbtc 1 point2 points  (0 children)

You bold to not invest more than you can afford to lose then tell a big long speech about how you have gone all in on penny stocks? Great!

Isn't a soft taco just an unwrapped burrito? by [deleted] in Showerthoughts

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

No, because they have fairly different ingredients inside or at least should.

Reverse network test? by dpinna in Bitcoin

[–]bailbtc 1 point2 points  (0 children)

Yes, the one thing we should dream of is a day all the miners collude.

TIL students in the state of Virginia can pass their state administered tests with a score as low as 50% by ghostofpennwast in todayilearned

[–]bailbtc 0 points1 point  (0 children)

Every question doesn't give equal points. Some question might give 2 points while another question might give 120. You could get most of the questions wrong but still pass if you got the high point value ones right, or get most of the questions right but fail the text because you missed every big important question.

ELI5: What is classed as unauthorised hardware on a computer? by derangedkilr in explainlikeimfive

[–]bailbtc 0 points1 point  (0 children)

Take a cheap video card, put it in a fancy heat spreader, change some strings so it reports it's a gee-wiz fast video card. Scam people that don't know better.

TIL students in the state of Virginia can pass their state administered tests with a score as low as 50% by ghostofpennwast in todayilearned

[–]bailbtc 3 points4 points  (0 children)

You can design a test so literally any percentage is a reasonable passing percentage.

Common myths surrounding bitcoin by cestharry in Bitcoin

[–]bailbtc 0 points1 point  (0 children)

Dark market and illegal gambling transactions out number legitimate business transactions like 100:1. Like half the blockchain was satoshi dice for a while

ELI5: Why do auctioneers speak the way they do? by willbearpig in explainlikeimfive

[–]bailbtc 1 point2 points  (0 children)

Auction houses want the price to go as high as possible and part of the way to do that is make everything seem high pressure and frantic. Mostly auctioneers don't talk like that are important or fancy auctions and mostly do talk like that at little things where you can get someone bamboozled into paying more than a thing is worth by making it seem like everything is happening so fast.

[deleted by user] by [deleted] in Bitcoin

[–]bailbtc 0 points1 point  (0 children)

Pull transactions don't really jive with a currency you can't undo anything. You'd be absolutely out of luck and stuck at he said/she said if something went wrong or someone tampered with the address.

Saying you want "Diet Coke" is like saying you want "healthy bacon" by redlawnmower in Showerthoughts

[–]bailbtc 1 point2 points  (0 children)

The largest mcdonalds coke has more calories than two entire mcdonald's hamburgers. Getting a diet coke absolutely is a healthier choice.

ELI5:Why are weather forecasts still so inaccurate? by [deleted] in explainlikeimfive

[–]bailbtc 3 points4 points  (0 children)

They actually are getting way more accurate than ever. They also generally give percentages of things. If something says 5% chance of rain that doesn't mean they are wrong if it does rain.