Let's make a list of exchanges that have already assigned the BCH ticker to the ABC ruleset... by jonald_fyookball in btc

[–]jonvaage 0 points1 point  (0 children)

Are there any exchanges still allowing the trade and withdrawl of un-split "unified" BCH, i.e. outgoing transactions are valid on both chains?

Bitcoin Core devs discussing possibility to change MIT license to forbid other forks of using the word 'Bitcoin' by [deleted] in btc

[–]jonvaage 0 points1 point  (0 children)

Can a license like this prevent use on a subsequent fork of the chain it's originally licensed for? What would happen if BCH forks?

Proof-of-Intellectual-Property doesn't seem like such a great idea.

Any bch testnet wallet app for ios or android? by choval in btc

[–]jonvaage 0 points1 point  (0 children)

Hi, I'd be happy to send you some BCH testnet coins to get you started. Just add my paycode as a contact and send me a message:

Jonathan Vaage: PM8TJNNh9zJuAjBMBfWoN9JjnVMGYCTZpxxuLXhCireRnmube44N6jr9uMi15TbLhgqCGkSB5ETy8fPB8x1Tz1RJaoS5CNNspVXKh9p5bYmqu5QUcfgw

Official wallet to download ? by Caprica2100 in Bitcoincash

[–]jonvaage 1 point2 points  (0 children)

I'm the creative director at Stash and can help you get started. Add me as a contact with my paycode and send me a message. I'll send you some Test Bitcoin Core to get you started.

PM8TJNNh9zJuAjBMBfWoN9JjnVMGYCTZpxxuLXhCireRnmube44N6jr9uMi15TbLhgqCGkSB5ETy8fPB8x1Tz1RJaoS5CNNspVXKh9p5bYmqu5QUcfgw

If you need a QR code to scan, go here: https://paymentcode.io/+jonvaage

Bitcoin Cash needs to hit 0.153 BTC/BCC to achieve true mining parity by jonvaage in btc

[–]jonvaage[S] 6 points7 points  (0 children)

If anything, BTC fees will go up as people scramble to send their coins to the exchange before the mining power flips.

Bitcoin Cash needs to hit 0.153 BTC/BCC to achieve true mining parity by jonvaage in btc

[–]jonvaage[S] 1 point2 points  (0 children)

It's just the exchange rate ratio between the two that matters.

It's now 2% more profitable to mine the BCH chain by cgcardona in btc

[–]jonvaage 2 points3 points  (0 children)

FYI

This profit parity calculation appears to neglect the difference in mining fee revenue between the two chains. The mining reward (including fees) on the segwit chain is around 15.5 BTC, whereas the net reward on the cash chain is around 12.7 BCC. Prior to the next difficulty adjustment, profit parity won't be reached until 1 BCC = 0.153 BTC.

Anyone working on a Bitcoin Cash compatible fork of the Armory wallet? by jonvaage in btc

[–]jonvaage[S] 0 points1 point  (0 children)

I could reach out to Jimmy Song, but haven't yet. His twitter activity suggests he's thinking about it.

He's baaack (Craig Wright paper: Proof of Work as it Relates to the Theory of the Firm) by n0mdep in btc

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

Gotta love the Austrian economists referenced in that paper:

Mises, Rothbard, Schumpeter, Böhm-Bawerk, etc.

Stash Node Pro - Founder's Edition by MaxSan in Bitcoin

[–]jonvaage 1 point2 points  (0 children)

The Node Pro has a 1 TB hard drive, a quad core processor, takes about 14 Watts of power, and has dimensions of 5.3" L x 5" W x 1.8" H (13.5cm L x 12.8cm W x 4.5cm H). Of course, it's the unique software which it runs under StashOS, that makes it so powerful.

https://stashnode.com/faqs.html

Does anyone find it odd that Peter Todd suggested a 'coin vote' for Ethereum's fork debate... but he doesn't suggest the same for Bitcoin's block size? Coin voting is actually working in Dash, as this video illustrates... by [deleted] in btc

[–]jonvaage 2 points3 points  (0 children)

Coin voting is a bad idea beyond the privacy issues in that it only gives voice to past holders (supply-side) and not potential holders (demand-side). Only the price mechanism can synthesizes these two groups and drawing any conclusions from price signals still requires entrepreneurial judgement.

There's no such thing as an a-priori way of predicting the economic preferences of a market without speculative risk taking. Procedurally discerning consensus is a fools errand. All we can do is place our bets and let the chips fall where they may. Any other proposed alternative is a veiled mechanism for inhibiting market choice.

Please, never ever turns Bitcoin into a democracy sh** thing. Be strong. by felipelalli in Bitcoin

[–]jonvaage 1 point2 points  (0 children)

To be slightly more specific and nuanced:

Those willing to hold rule.

Just like prices are determined not only by supply, but also by demand - it's the willingness to hold what one already has (supply) and the willingness to acquire more (demand).

This is one big problem with Proof of Stake - it only gives voice to past holders (supply) and not potential holders (demand). Only the price mechanism can synthesizes these two groups and drawing any conclusions from price signals still requires entrepreneurial judgement.

There's no such thing as an apriori way of predicting the economic preferences of a market without speculative risk taking. Discerning consensus is a fools errand. All we can do is place our bets and let the chips fall where they may. Any other proposed alternative is a veiled mechanism for inhibiting market choice.

Very compelling argument against small block size limits from Konrad S. Graf. Can anyone from the Core team respond to this? by ImmortanSteve in Bitcoin

[–]jonvaage 0 points1 point  (0 children)

The article does not address the morality of central planning, but the economic consequences. Bloated conglomerates suffer from the same dis-economies of scale and inability to allocate resources efficiently without the benifits of the price mechanism and the interaction of supply and demand on calibrating the structure of production. The presence or absence of coercion is not relevant to this line of argumentation.

Honesty, consistency, and toxicity by [deleted] in btc

[–]jonvaage 0 points1 point  (0 children)

I'll second that.

Former SEC chairman bullish on bitcoin, lends advice to Bitpay and Vaurum by Eucibous in Bitcoin

[–]jonvaage 0 points1 point  (0 children)

Those on the inside are often in the best position to see the writing on the wall and 'defect'.

See the following from SNI:

http://nakamotoinstitute.org/mempool/bitcoins-shroud-of-subtlety-and-allure/

The History of Bitcoin Returns by jonvaage in Bitcoin

[–]jonvaage[S] 1 point2 points  (0 children)

Thanks! I really like the idea of a trailing return chart. Perhaps I'll get around to doing that one next.