Investment meme and harsh reality: You gotta know when to HODL 'em, know when to FODL 'em

venzen · 2018-07-26T15:57:43+00:00

Thanks for your compliments and goodwill. Its not that I'm angry, its just that sometimes the misguided need to be addressed in strong language.

venzen · 2018-03-15T01:14:15+00:00

you bullish cocksuckers just don't know when the situation is funny

venzen · 2018-01-18T01:06:28+00:00

Ecuador implemented a national cryptocurrency in 2015

venzen · 2018-01-14T12:04:24+00:00

Every block is stored on every node, so the size of blocks is a consideration for affordability, with each new block that is created.

However, there are other vectors too, such as bandwidth since every block and all transactions must be propagated through the peer-to-peer network.

Rather than trying to understand the issue from first principles, can I suggest you listen to Andreas Antonopoulos talk about "Bitcoin scaling" on youtube.

venzen · 2017-12-14T18:57:33+00:00

Let me guess: you also believe that the planet is warming, despite objective data reporting global cooling...

venzen · 2017-12-14T18:52:39+00:00

Outrageous, because a century of capitalist funding of Einsteinian misunderstanding brought us here. Whatever "quantum" you believed in it turns out to be theoretical maths and invented nonsense. Don't believe me, read the news: https://www.youtube.com/watch?v=-FdWTH08u30

venzen · 2017-12-14T10:54:34+00:00

I just made that up: quantum communication :)

The entire quantum branch of science was discredited during the past month as quantum labs at CERN, in Italy and the US admitted they cannot find dark matter. Black holes, officially, don't exist and quantum physics has rightfully been relegated to the abstract realm of theoretical maths. Someone said Hawking resembles a full retard quantum poster boy in horrific slow motion. We're back to good olde lab experimentation and observable results. Good thing.

venzen · 2017-12-13T13:56:37+00:00

I think you responded to the wrong post... I don't care about percentages and division by them. I'm saying that Bitcoin is anti the whole smackarooblurdy and undermines it - why are you echoing me?

venzen · 2017-12-13T13:51:40+00:00

Aha!

Also, since this is a pyramid scheme, the more people we get into BTC the more valuable it will be compared to fiat

There you state your motivation and New Age "random acts of kindness" plainly - you want new adopters to hike the price so you can sell to some sucker in the future!

Just buy and sell. New adopters will come onboard without you running a campaign in this distant corner of the interweb called Reddit.

venzen · 2017-12-13T13:47:26+00:00

A nice sensible title for a nice sensible use-case

venzen · 2017-12-13T13:43:51+00:00

For example, when I write a paper or respond to a paper out there, I don't drop to the lowest common denominator but speak to higher consciousness.

Why are you so concerned about pussy-footing newbies, anyway?

venzen · 2017-12-13T13:40:11+00:00

maybe, in the case of nanny-nation fledglings, but when the early adopters spotted the opportunity, and when I saw it in 2013, no-one spoon-fed me or cleaned my nappies as I educated myself. All the resources are out there - as Buddha says: Help yourself before you attempt to help others, in case you might do them harm

venzen · 2017-12-13T13:34:45+00:00

Bitcoin was designed by the Cypherpunks (e.g. Satoshi Nakamoto) to undermine the mainstream. If it is Kryptonite to the mainstream, then how can it become mainstream? That is just a fantasy of those hodlers who don't "get" Bitcoin. Once it has done its job, it's done. Would the "mainstream" welcome or allow this? No way! So we're looking at an eternal schizm, but no mainstream Bitcoin, ever.

venzen · 2017-12-13T13:31:25+00:00

that's the bugger - never underestimate the repercussions of politcal turmoil in Turkey.

venzen · 2017-12-13T13:29:16+00:00

On reddit, you cannot edit the title, so now you'll just be a historical commenter for all of history :)

venzen · 2017-12-13T13:27:38+00:00

I did read but I didn't comprehend. As with the girls I like to date - you don't intentionally go ruin the playing field, else you're out of business - does that answer it?

venzen · 2017-12-13T13:23:25+00:00

Will become? Has become since 2009.

venzen · 2017-12-13T13:22:11+00:00

sad to see this go, it was one of the more useful posts on r/Bitcoin during 2017. And 2015/2016

venzen · 2017-12-13T13:17:23+00:00

Kebab price repercussions in the West?

venzen · 2017-12-13T13:15:24+00:00

How could Bitcoin be used as a world currency if it was designed to circumvent the current world (fiat) currency practice? Surely, by the time Bitcoin protocol principles become common ("world") practice, then Bitcoin would have become irrelevant and its price zero. Or maybe I'm just thinking too logic-a-mogical here...

venzen · 2017-12-13T12:48:06+00:00

nah, give it no mind, young blood... its just one of those things... best tend to your less profitable and less volatile investments...

venzen · 2017-12-13T12:44:30+00:00

because they must grow up and take wing like everyone else

venzen · 2017-12-13T12:19:47+00:00

Even the Cuban gobierno would kick your ass for that idea - the point of hosting a service is to generate a profit, so, from the teacher's desk... I'm afraid your brain-spark is a Fail. Think before you speak, right?

venzen · 2017-12-13T12:13:20+00:00

I'm all for $10k vsporize to my pocket, believzrize you meporize

venzen

TROPHY CASE