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  • kahless's Avatar
    Yesterday, 04:31 PM
    For now, until something better comes along. Other platforms are by far technically superior to the antiquated Bitcoin tech particularly on transaction processing times, transactions per second by volume and lower fees. Probably why we saw LTC, BCC picking up and now XRP surpassing Bitcoin in 24 hour volume today.
    36 replies | 593 view(s)
  • LibertyEagle's Avatar
    12-13-2017, 03:34 PM
    There you go with that pesky "we" again. You, want world government; the vast majority of us do not.
    92 replies | 1374 view(s)
  • kahless's Avatar
    12-13-2017, 01:19 PM
    US exchanges are subject to KYC regulations so when you sign-up they have all your personal information and that is linked to a bank account for withdrawal. Identities are not recorded in the Bitcoin blockchain itself, but every confirmed bitcoin transaction is permanently recorded and visible to everyone in the Blockchain. Since all transactions are publicly broadcast in the Bitcoin blockchain, the public is able to see the flow of bitcoins from one address to another, albeit without any information that explicitly links those addresses to anyone in particular. Through exchanges that require the disclosure of personal identities, these users bitcoin holdings and activity become linked to their identities. Also "Transaction Graph Analysis" as a possible means to reveal identities in addition to linking the origin of transactions by looking for the IP address of the Bitcoin full node that first broadcast the transaction.
    15 replies | 262 view(s)
  • kahless's Avatar
    12-13-2017, 01:02 PM
    Mt Gox Creditors Want Bitcoin Exchange Taken Out of Bankruptcy https://www.coindesk.com/mt-gox-creditors-want-bitcoin-exchange-taken-bankruptcy/ I want my money.
    1 replies | 60 view(s)
  • kahless's Avatar
    12-13-2017, 01:31 AM
    No good to rig an election if evidence remains. Alabama Supreme Court blocks order to preserve digital voting records https://techcrunch.com/2017/12/12/alabama-digital-records-vote-roy-moore/
    316 replies | 4541 view(s)
  • kahless's Avatar
    12-12-2017, 11:59 PM
    Maybe when they first started out they did not have enough validators and Bitcoin fans used to rail on that as being centralized besides the company mining a little over half of the currency. But all the crypto's started out without validators until adoption picked up. Currently financial institutions and people can and do operate validators in the Ripple network, and could stop trusting Ripple's validators as necessary, and just trust each other's validators. The XRP on the network is not controlled by anyone. Anyone can issue assets on Ripple. As with anything investors and financial institutions are going to look at who has the best tech. Bitcoin as shown in the graphic is at a disadvantage to other cryptocurrencies. This is why I believe LTC is taking off since investors are seeing that and looking elsewhere. I am pointing out Ripple since it is usually in the topic 3-5 in cryptocurrencies with LTC and in 2017 has the superior tech for greater adoption.
    13 replies | 301 view(s)
  • kahless's Avatar
    12-12-2017, 10:46 PM
    Ripple is way up today also. As a comparison when it comes to technology, excuse the large graphic. Combine that with bank's and card issuers like Amex adopting the Ripple tech I would expect a surge. Japan and South Korea banks are testing the tech this week. If all goes well they will adopt Ripple this spring.
    13 replies | 301 view(s)
  • kahless's Avatar
    12-10-2017, 03:51 PM
    No doubt the alt-right has a problem with some people whom are conditioned to defacate in the street being imported into Western countries and creating a host of public sanitation - disease problems. That is besides the issue of displacing Americans demographically and for jobs. As an added benefit they call attention to the poverty problems in India. Some factions of the alt-right, their beliefs and their methods maybe repugnant but these are valid points any nation should consider when it comes to immigration and representing their own people.
    53 replies | 779 view(s)
  • kahless's Avatar
    12-10-2017, 03:18 PM
    "Half of the population", 600 million people defecating in public is not over blown or far less than the meme would suggest. Mocking memes are intended to spark a reaction and with that it appears to have succeeded with you to the point you are openly discussing it. That is sometimes the intention to call attention to a problem where society at large, the political system and the media has failed. Despite the mocking, the more people in the western world that know about the extreme poverty level to the point where 600 million people are defecating in public (while women are getting gang raped because of it) is a good thing that came out of this meme.
    53 replies | 779 view(s)
  • kahless's Avatar
    12-10-2017, 02:41 PM
    Domaining and the internet did not go away when the irrational period ended, neither will Bitcoin. Just saying the period is reminiscent of that. Is this the irrational period of Bitcoin and it will level out with a more realistic value, it almost seems like it but neither one of us really knows.
    427 replies | 12012 view(s)
  • kahless's Avatar
    12-10-2017, 02:36 PM
    It says "Indian villagers", besides did you really expect to have a thread complaining about a meme and not expect someone to post a meme? Typical with memes there is usually a bit of truth. Museum seeks to flush away toilet taboos in India http://www.straitstimes.com/asia/south-asia/museum-seeks-to-flush-away-toilet-taboos-in-india Why do millions of Indians defecate in the open?
    53 replies | 779 view(s)
  • kahless's Avatar
    12-10-2017, 01:54 PM
    Sensitive are we, since I clearly never even inferred anything like that. Maybe you were too young to remember when the irrational part of the dot com bubble burst. The days when everyone and their brother was buying domain names thinking they would be worth a fortune. Domains were over valued but that did not last long and the flow of money to ridiculous business plans stopped, the bubble burst. Many lost money on their investment, lost jobs and companies closed.
    427 replies | 12012 view(s)
  • kahless's Avatar
    12-10-2017, 12:59 PM
    53 replies | 779 view(s)
  • kahless's Avatar
    12-10-2017, 12:53 PM
    In some ways it feels reminiscent towards the end of the height of dot com domain name boom when domaining made it into a SNL skit. Last night Bitcoins made it into an SNL skit.
    427 replies | 12012 view(s)
  • kahless's Avatar
    12-09-2017, 09:50 PM
    $13,140
    427 replies | 12012 view(s)
  • kahless's Avatar
    12-09-2017, 03:07 PM
    Did the boat flip? Did they live? How bad was the aftermath?
    427 replies | 12012 view(s)
  • kahless's Avatar
    12-07-2017, 11:32 AM
    It seems Bitcoin skyrocketing is having an effect on most other cryptocurrencies. The majority on Worldcoinindex are in negative territory, some down by double digits. However steemdollars and steem break that trend and are way up just when I was going to get in last night. Thought I would wait until morning, too late. SBD $ 5.3063640 +79.56% STEEM $1.4721264 +12.78%
    427 replies | 12012 view(s)
  • kahless's Avatar
    12-07-2017, 11:26 AM
    938802155925913600 Was also being reported, I can get in now but it is slow.
    427 replies | 12012 view(s)
  • kahless's Avatar
    12-07-2017, 11:21 AM
    Coinbase is down.
    427 replies | 12012 view(s)
  • kahless's Avatar
    12-06-2017, 07:55 PM
    Liberal policies, open borders zealots and the Silicon Valley CEO's that don't give a damn about investing in their communities or hiring the people in the communities for which they are located. Importing foreign slave labor is their number one priority so no surprise they do not give a damn about homeless Americans.
    42 replies | 725 view(s)
  • kahless's Avatar
    12-06-2017, 07:25 PM
    Another example of a major company dropping Bitcoin due to volatility. Steam Ends Support For Bitcoin https://www.polygon.com/2017/12/6/16742622/steam-ends-support-bitcoin-volatility If it is no longer going to be a viable payment solution due to volatility and the technology is to limited for banking and/or the tech is too limited compared to the competition then what are we looking at here long term? How long can this trajectory last?
    427 replies | 12012 view(s)
  • kahless's Avatar
    12-06-2017, 07:06 PM
    I think many people voted for Bitcoin to simply promote Bitcoin. No chance of Bitcoin in it's current form in 10 years being competitive with Gold or other cryptocurrencies. A superior fork of Bitcoin maybe, but certainly not this Bitcoin. The current Bitcoin tech is too immature and limited for real world widespread adoption as opposed to it's competitors. More likely in 10 years one or more of the technically superior cryptos will take it's place or maybe a new one, possibly one's back by the establishment like a US Treasury crypto currency.
    25 replies | 505 view(s)
  • kahless's Avatar
    12-04-2017, 06:44 PM
    Zdnet has a pretty good breakdown on it. Opinion: Net neutrality is a myth, and the FCC changes aren't what you think David Gewirtz argues that the FCC is not eliminating the no-blocking, no-throttling, and no-paid-prioritization restrictions on American internet providers. And he dives deep into the federal regulation code changes to explain why. http://www.zdnet.com/article/there-is-no-net-neutrality-the-fcc-changes-arent-what-you-think/ So what we have again is a massive amount of fake news being spread falsely claiming "Net Neutrality" is being eliminated and it is working. I had thought something changed since I last visited this over the summer with all the latest hoopla and hearing various people I talk to freaking out about it. Even back then I was taken back by the misinformation and here we are again where it took me several hours today to sift through it, to figure out the truth. Most people do not have time for that. The fake media wins again.
    11 replies | 251 view(s)
  • kahless's Avatar
    12-04-2017, 06:21 PM
    We did not have tiered internet prior to the internet being handed to the FCC in 2015. No reason to believe we will have a tiered internet for the repeal and a return of FTC oversight. Rather than the media telling us his position, here it is direct. He has some good points here. https://www.fcc.gov/document/fcc-chairman-pai-remarks-restoring-internet-freedom
    11 replies | 251 view(s)
  • kahless's Avatar
    12-04-2017, 04:30 PM
    I cannot tell what is partisan politics here, anti-Trump BS or whether this is a legitimate threat to "Net Neutrality". I support Net Neutrality but I am for reversing the Obama admin's decision in 2014 to place the internet also under the FCC's "Title II of the Communications Act". Adding more regulation and another agency to oversee the internet in my opinion is a very bad thing. As far as I was concerned the internet was doing just fine with Net Neutrality without the FCC also getting involved. Net neutrality existed prior to 2014 without a bunch of FCC regulations controlling it. But now I see all the companies and organizations that support "Net Neutrality" against reversing the Obama's decision to place it under the FCC saying doing so eliminates "Net Neutrality". :confused::confused:
    11 replies | 251 view(s)
  • kahless's Avatar
    12-04-2017, 11:54 AM
    Monero is not Bitcoin, this thread is about Bitcoin, Bitcoin is certainly less anonymous than cash, therefore an informed statement. US exchanges have to submit to KYC regulations. Any exchange you sign up for in the US requires all your personal information before you are allowed to use the exchange. Bitcoin transactions themselves are anonymous but not private, identities are not recorded in the Bitcoin blockchain itself, but every confirmed bitcoin transaction is permanently recorded and visible to everyone in the Blockchain. Since all transactions are publicly broadcast in the Bitcoin blockchain, the public is able to see the flow of bitcoins from one address to another, albeit without any information that explicitly links those addresses to anyone in particular. Through exchanges that require the disclosure of personal identities, these users bitcoin holdings and activity become linked to their identities. If one is not hiding behind a VPN or TOR, one could link the origin of transactions by looking for the IP address of the Bitcoin full node that first broadcast the transaction. How secure is TOR and your VPN provider? Too long to get into here, there are also several methods through "Transaction Graph Analysis" that can reveal identities. By diminishing the use of precious metals and paper money all the Bitcoin shills are doing is giving government more control and insight into our lives. Once it is commonly used it will be required payment solution and along the way at some point government will crack down on cryptocurrency privacy. The private transactions they have never been able to get their hands on will finally be revealed for them.
    32 replies | 1121 view(s)
  • kahless's Avatar
    12-03-2017, 10:07 PM
    Considering it is traceable compared to cash or gold, I am surprised it is so popular here.
    32 replies | 1121 view(s)
  • kahless's Avatar
    12-01-2017, 01:16 PM
    My point was it is not like the old days where anyone could mine at a reasonable hardware cost. You have to layout quite a bit to get a worthwhile return on your investment. So really the mining is big business now. I used to mine in the very early days when it was worthless and after awhile just deleted them since it looked like it was not going anywhere and I needed the disk space. Later I mined with a high end GPU using a pool, still when it was not worth much, deleted it also. If I still had those hard disks and could undelete my wallets I would be rich.
    42 replies | 895 view(s)
  • kahless's Avatar
    12-01-2017, 09:58 AM
    The large ASIC miners control Bitcoin. Those that mined large amounts of it early on could easily tank Bitcoin if they wanted to.
    42 replies | 895 view(s)
  • kahless's Avatar
    11-29-2017, 06:28 PM
    Get them out. Don't give them their coats, take their coats.
    11 replies | 296 view(s)
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