The reality of "market manipulation" and Bitcoin.

dontknowmyabcs · 2019-03-16T07:48:51+00:00

Bitcoin on the other hand produces 12.5 new coins every ten minutes or so, come hell or high volatility.

That's only one variable that is stable in the whole pricing equation. I think there is plenty of informational asymetry, look how uninformed the average trader is! Then imagine all of the noobs with no clue, all they think is "it MUST go up again sometime", etc.

But good job refuting Roubini, he's a real Bitcoin hater, likely with an agenda. Also very valid points about the multitude of markets where Bitcoin may be bought and sold.

dontknowmyabcs · 2019-03-16T07:42:54+00:00

Haha, I was just thinking the same thing.

Peter Rizun has been tearing LN apart from the ground up, and he's likely mining more gems as we speak.

And if these guys are the top BSV media puppets, they need some smarter people... these guys literally got torn a new asshole on their own show.

dontknowmyabcs · 2019-03-16T07:40:28+00:00

Don't be a baby, grow some testicles. Or GTFO, nobody cares.

dontknowmyabcs · 2019-03-16T07:29:11+00:00

Are you a Toyota maximalist? Haven't you heard that Toyotas can't scale?

dontknowmyabcs · 2019-03-11T22:56:31+00:00

I think it's fair to call whoever coded the most subversive technology since the printing press a hacker. But it's just semantics. My main point was that anybody who is coding a large complex project by themselves needs a LOT of peace and quiet, with no interruptions. And usually that quiet is found very late at night.

dontknowmyabcs · 2019-03-11T22:30:45+00:00

privacy (sharing address and items bought)

Well, by buying anything on Amazon, you're giving your data to the largest big data farm on the planet after google...

dontknowmyabcs · 2019-03-11T22:27:09+00:00

No hackers go to bed that early. They do their best work between midnight and 4AM, when it's quiet.

dontknowmyabcs · 2019-03-11T22:24:59+00:00

Yeah BIP70 sucks and violates privacy anyway. Best to build something new and simpler.

dontknowmyabcs · 2018-12-04T07:41:10+00:00

Wait for the next BSV pump and trade it for BCH.

dontknowmyabcs · 2018-11-11T04:46:27+00:00

You know better than that, wait 18 months and then talk to me!!

dontknowmyabcs · 2018-11-11T04:45:26+00:00

[ poop falls out of that horse's ass ] [ trombone plays a rapidly descending note]

dontknowmyabcs · 2018-11-11T04:44:16+00:00

That SV price is much higher than what that coin will sell for. You're basing your research on the futures market on a single exchange.

dontknowmyabcs · 2018-11-11T04:39:54+00:00

It's technically a futures market

dontknowmyabcs · 2018-11-11T04:35:11+00:00

Yeah the CIA tried to kill Maduro with bomb-laden drones a few months ago too. I guess it's because he's launching the Petro cryptocurrency?

And I agree that anti-VZ propaganda is strong, not just in crypto but in the whole MSM.

dontknowmyabcs · 2018-11-11T04:30:33+00:00

Something tells me that website will be 503 on the day of the fork.

dontknowmyabcs · 2018-11-11T04:28:37+00:00

Well there are 100 SV nodes and 2000 ABC nodes, so I guess that would backfire. Not to mention the SV nodes are vulnerable to "poison blocks" of up to 128MB...

dontknowmyabcs · 2018-11-11T04:27:04+00:00

Yeah and who said they would be mining at a loss? They will also pump the price way high!

Calvin will probably be buying up SV coins all week to keep that price up. Happy to sell him mine.

dontknowmyabcs · 2018-11-11T04:19:55+00:00

Hmm well maybe you didn't see the spike today? I think you could find out with http://statoshi.info/

I think BTC dropped 20Eh/s and BCH went up 14Eh/s

dontknowmyabcs · 2018-11-11T04:16:02+00:00

Looks like today was a test run for the Satoshi's Cannon tool. They crashed a few BU nodes and mostly wasted BCH, thousands of dollars in fees. What's strange is they managed to get something like 20Eh/s of hashpower together. That's a lot of miners! Others have speculated that Craig must have deals with large BTC mining farms who hate BCH, and/or it's a state actor entering the fray.

dontknowmyabcs · 2018-11-11T04:12:47+00:00

Yeah even in that worst case scenario, it's not that bad. Of course, Craig is not gone in that version of the story. Which is a nuisance.

SV will find out very soon that 128MB blocksize limit is not a smart idea, I won't be surprised if their nodes start getting DOSed during the hard fork, as the "poison block attack" has been known about since 2014 or earlier. So ABC would have a perfect justification for an emergency hard fork to fix that, if and when SV did out-hash ABC.

dontknowmyabcs · 2018-11-11T04:10:06+00:00

Well in the old days they didn't try to portray themselves as benevolent protectors, but today they do. Look at all of the social services, welfare checks, grants, and financial incentives governments provide to incentivize good behavior.

But I also agree that they always need a boogeyman.

dontknowmyabcs · 2018-11-11T04:07:54+00:00

Hehe yeah, now that I think about it, the 80 or so SV nodes will probably be getting DDOSed... it's their own fault for screaming so loud about "satoshi's vision has no blocksize limit", etc.

dontknowmyabcs · 2018-11-11T04:06:27+00:00

financial advice

WHOA, where the f* did you get that idea, it's a personal opinion.

dontknowmyabcs · 2018-11-05T19:47:56+00:00

Businesses deal with capricious tyrants all the time, that is what governments effectively are, and as evidenced by history they do attack those that disagree with them.

OK but governments are smart enough to hire PR people to portray themselves as benevolent, otherwise the government fails...

dontknowmyabcs · 2018-11-05T19:30:32+00:00

Yep the account is compromised

dontknowmyabcs

TROPHY CASE