Bitcoin: bill and teds bogus currency

The Something Awful Forums > Discussion > Serious Hardware/Software Crap > YOSPOS > Bitcoin: bill and teds bogus currency

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infernal machines: Oct 11, 2012; we monitor many frequencies. we listen always. came a voice, out of the babel of tongues, speaking to us. it played us a mighty dub.

evilweasel posted:

stop replying to the ape, you're making it think its people

no, i want him to regale us with tales of harry potter and lusting after children

# ? Aug 17, 2015 17:47

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# ? Jun 10, 2024 11:08

surebet: Jan 10, 2013; ａｖａｔａｒ
ｓｐｅｃｉａｌｉｓｔ

trucutru posted:

It makes sense of you realize that libertarians don't actually give a poo poo about their ideology and only care about the money.

As it currently stands bitcoin is an useless piece of poo poo. And there is no money for a guy like thermos in it or any improved version (cuz it takes a lot of dough to mine). But, since it is crap, there is money in centralized services that run on top of it.

Just follow the money and you'll see that theymos is heavily invested in stuff like (the centralized) lightning network and you can bet your rear end that they, and many other bitcoin 2.0 companies, pay him to shill their solutions. Just like bashco gets money from the tip place.

it's super easy to figure out who has a vested interest, except for a couple cases of software 1.0 best software fundamentalists, anyone who's against a larger throughput in txs (therefore lower fees & higher opex) has a toe in the infrastructure side

miners got the poo poo beat out of them ever since the asic arms race started, but at least they had a built in bonus while the hash rate was climbing like mad since the blocks came in quite quicker than in 10 minute intervals, which also had the effect of artificially raising the network throughput

things have been slowing down lately, though

target daily new bitcoins: 25 * 6 * 24 = 3,600
365 day average, daily: 3709.7 (+3.05%)
180 day average, daily: 3639.0 (+1.08%)
90 day & 30 day are around +1% too

a couple extra points might not make a huge difference, but it might be what's needed to keep you positive, barely

meanwhile tx fees have gone up

that mid-july onwards bump was the network spam, which i have a feeling might've been done by mining pool operators. all you need is a decent net % of the total network's operator to pitch in some pocket change (which they'll mostly get back anyway) into a central pot and that raises everyone's fees

too lazy to run numbers, but my gut feeling is that even if a fraction of the operators collude (ie excluding f2pool, the top 2 pools caught 34% of the recent blocks, top 3 46%, top 4 54%) the crossover between opex losses with unrecoverable fees vs net gains in global fees is probably quite easy to achieve.

bumping blocks up to 8mb or whatever might seem silly when they're transmitting 500-750k ones right now, but that opens up a whole lotta slots for free traffic and it adds a lot more legroom that makes fee rising attacks much more expensive, relatively

# ? Aug 17, 2015 17:47

Boxturret: Oct 3, 2013; Don't ask me about Sonic the Hedgehog diaper fetish

bitcoin: we can't have bigger blocks because it might lead to lower fees :ohdear:

# ? Aug 17, 2015 17:51

Sentient Data: Aug 31, 2011; My molecule scrambler ray will disintegrate your armor with one blow!

No; we can't have bigger blocks because that allows low/no fee transactions to go through BUT I WAS HERE FIRST AND THESE ARE MY TOYS AND gently caress YOU FOR WANTING TO USE BITOCOIN AS A POOR BECAUSE THIS IS THE NEW ***GOLD*** GO PLAY WITH YOUR DUMB SILVER DOGE

# ? Aug 17, 2015 18:00

QuarkJets: Sep 8, 2008

lowtax accepts bitcoin for reregs if you can prove your libertarian loyalty

# ? Aug 17, 2015 18:01

Wheany: Mar 17, 2006; Spinya^{ha^{ha^haha}ha}ha_{ha_{ha_haha}ha}ha!; Doctor Rope

Herman Merman posted:

it always comes back to butts, doesn't it.

# ? Aug 17, 2015 18:02

Lain Iwakura: Aug 5, 2004; The body exists only to verify one's own existence.; Taco Defender

Tipps posted:

in other news, turns out the guy that the downtown Vancouver coffee shop with the bitcoin atm hired to guard ( attend ) the atm against serial entrepreneurs who set up tables next to it in the coffee shop and sold bitcoin with lower fees than the atm lives in a van.

i mean i get it, housing in vancouver is expensive and dumb, but lol

https://bitcoinmagazine.com/author/cameron-gray/

look at all of his articles. what a shocker that he's a burner

# ? Aug 17, 2015 18:04

Happy Noodle Boy: Jul 3, 2002

if the butts fork do we have to fork this thread too?

# ? Aug 17, 2015 18:04

surebet: Jan 10, 2013; ａｖａｔａｒ
ｓｐｅｃｉａｌｉｓｔ

Happy Noodle Boy posted:

if the butts fork do we have to fork this thread too?

there's already the grey thread fork

# ? Aug 17, 2015 18:07

blugu64: Jul 17, 2006; Do you realize that fluoridation is the most monstrously conceived and dangerous communist plot we have ever had to face?

surebet posted:

there's already the grey thread fork

pls ban for talking about thread forks

# ? Aug 17, 2015 18:18

surebet: Jan 10, 2013; ａｖａｔａｒ
ｓｐｅｃｉａｌｉｓｔ

blugu64 posted:

pls ban for talking about thread forks

WHO'S PAYING YOU, SHILL??

# ? Aug 17, 2015 18:24

quelfromage: Mar 31, 2013

Boxturret posted:

he didn't say anything about horribly uncharismatic leaders

# ? Aug 17, 2015 18:56

Captain_Maclaine: Sep 30, 2001; Every moment that I'm alive, I pray for death!

buttcoinfoundation.org is currently down, page reads as "Hacked by Hunt3r Sum0n from Cyb3r Gl@diat0rs."

# ? Aug 17, 2015 19:14

Lain Iwakura: Aug 5, 2004; The body exists only to verify one's own existence.; Taco Defender

Captain_Maclaine posted:

buttcoinfoundation.org is currently down, page reads as "Hacked by Hunt3r Sum0n from Cyb3r Gl@diat0rs."

rip

# ? Aug 17, 2015 19:16

Boxturret: Oct 3, 2013; Don't ask me about Sonic the Hedgehog diaper fetish

when do you start accepting donations for the new buttcoin software op?

# ? Aug 17, 2015 19:20

OhsH: Jan 12, 2008

yeah, rip

# ? Aug 17, 2015 19:31

Powerful Two-Hander: Mar 10, 2004; Mods please change my name to "Tooter Skeleton" TIA.

unpacked robinhood posted:

bitcoin is a cyber punk drama but not quite the one bitcoiners dreamed about

cyber pump and dump

# ? Aug 17, 2015 19:34

infernal machines: Oct 11, 2012; we monitor many frequencies. we listen always. came a voice, out of the babel of tongues, speaking to us. it played us a mighty dub.

Captain_Maclaine posted:

buttcoinfoundation.org is currently down, page reads as "Hacked by Hunt3r Sum0n from Cyb3r Gl@diat0rs."

not for me it isn't, but maybe it's just the cloudflare cache

# ? Aug 17, 2015 19:36

haveblue: Aug 15, 2005; Toilet Rascal

works for me, although I got a cloudflare interstitial page first

# ? Aug 17, 2015 19:37

Orcs and Ostriches: Aug 26, 2010; The Great Twist

getting hacked just adds more authenticity to the bitcoin experience anyways

# ? Aug 17, 2015 19:38

Splicer: Oct 16, 2006; from hell's heart I cast at thee
🧙🐀🧹🌙🪄🐸

Shouldn't have upgraded past 1.0

# ? Aug 17, 2015 19:38

PleasureKevin: Jan 2, 2011

posting on page 7

# ? Aug 17, 2015 19:40

Boxturret: Oct 3, 2013; Don't ask me about Sonic the Hedgehog diaper fetish

infernal machines posted:

not for me it isn't, but maybe it's just the cloudflare cache

it seems to be back now but it was real

# ? Aug 17, 2015 19:49

watho: Aug 2, 2013; The real world will, again tomorrow, function and run without me.

Has this been posted yet?
https://youtu.be/1F1YyDPZLX8?t=361

# ? Aug 17, 2015 19:55

Captain_Maclaine: Sep 30, 2001; Every moment that I'm alive, I pray for death!

Boxturret posted:

it seems to be back now but it was real

Yeah that's what I saw, though it appears to be back now. :iiam:

# ? Aug 17, 2015 20:01

infernal machines: Oct 11, 2012; we monitor many frequencies. we listen always. came a voice, out of the babel of tongues, speaking to us. it played us a mighty dub.

Boxturret posted:

it seems to be back now but it was real

geez, kids these days can't even hack a website right. whatever happened to giant ascii death's heads and pages that were down for days?

# ? Aug 17, 2015 20:05

My PIN is 4826: Aug 30, 2003

time to start buttcoinXT.org

# ? Aug 17, 2015 20:35

jetz0r: May 10, 2003; Tomorrow, our nation will sit on the throne of the world. This is not a figment of the imagination, but a fact. Tomorrow we will lead the world, Allah willing.

Boxturret posted:

it seems to be back now but it was real

there was a butt here, but now its gone

# ? Aug 17, 2015 20:43

FMguru: Sep 10, 2003; peed on;
sexually

jetz0r posted:

there was a butt here, but now its gone

rotor

# ? Aug 17, 2015 20:57

Greyhawk: May 30, 2001

not a cult

quote:

[�]Fiach_Dubh 3 points 3 hours ago*
This is it what separates the boys from the men. Trial by fire. The fact that we have even gotten to this point is incredible, and we couldn't have done it without the developers. You guys are the men on the front lines and I respect your fortitude. There's a lot of fire out there, the stakes are high, but you can handle it. Because your a man. men handle their poo poo. Your a bad-rear end pioneer for the currency of the future, never forget that. Men will sing songs of your feats in years to come. May Thor guide your spirit to victory, and Oden keep your hearts, strong, calm and peaceful as his seas.
Onward Men!

# ? Aug 17, 2015 21:01

theflyingorc: Jun 28, 2008; ANY GOOD OPINIONS THIS POSTER CLAIMS TO HAVE ARE JUST PROOF THAT BULLYING WORKS; Young Orc

Greyhawk posted:

not a cult

Oden (おでん?) is a Japanese winter dish consisting of several ingredients such as boiled eggs, daikon, konjac, and processed fishcakes stewed in a light, soy-flavoured dashi broth.

# ? Aug 17, 2015 21:03

Mercury_Storm: Jun 12, 2003; *chomp chomp chomp*

Isn't all this backstabbing and bickering about bitcoin XT totally pointless because the only thing that matters is what the Chinese miners want to do?

# ? Aug 17, 2015 21:14

Splicer: Oct 16, 2006; from hell's heart I cast at thee
🧙🐀🧹🌙🪄🐸

theflyingorc posted:

Oden (おでん?) is a Japanese winter dish consisting of several ingredients such as boiled eggs, daikon, konjac, and processed fishcakes stewed in a light, soy-flavoured dashi broth.

is it good for your heart though

# ? Aug 17, 2015 21:19

duTrieux.: Oct 9, 2003

Mercury_Storm posted:

Isn't all this backstabbing and bickering about bitcoin XT totally pointless because the only thing that matters is what the Chinese miners want to do?

yes, but the Captains of Industry don't want to admit that to themselves

# ? Aug 17, 2015 21:32

killhamster: Apr 15, 2004; SCAMMER
Hero Member

Seraph84 posted:

As expected, this thread has devolved rapidly in my absence.

i don't think you "get" this thread

# ? Aug 17, 2015 23:44

Muscle Tracer: Feb 23, 2007; Medals only weigh one down.

killhamster posted:

don't think you

do agree i, op

# ? Aug 17, 2015 23:45

Dr. Honked: Jan 9, 2011; eat it you slaaaaaaag

killhamster posted:

i don't think you "get" this thread

penicularly disadvantaged ginger midget child fucker doesn't even like how

# ? Aug 17, 2015 23:50

Lain Iwakura: Aug 5, 2004; The body exists only to verify one's own existence.; Taco Defender

killhamster posted:

i don't think you "get" this thread

he has no problem whining about the thread elsewhere

http://forums.somethingawful.com/showthread.php?threadid=3735644&pagenumber=41&perpage=40#post449087052

# ? Aug 17, 2015 23:53

triple sulk: Sep 17, 2014

XT-002 Decentralized

# ? Aug 17, 2015 23:54

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# ? Jun 10, 2024 11:08

Soricidus: Oct 21, 2010; freedom-hating statist shill

OSI bean dip posted:

he has no problem whining about the thread elsewhere

http://forums.somethingawful.com/showthread.php?threadid=3735644&pagenumber=41&perpage=40#post449087052

he has a point, internet detectiving is kinda dumb and creepy[/sig]

# ? Aug 17, 2015 23:58

The Something Awful Forums > Discussion > Serious Hardware/Software Crap > YOSPOS > Bitcoin: bill and teds bogus currency

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