Re: RAYZER'S WET DREAM COME TRUE: BITCOIN CRASHES LOL

2017-12-22 Thread Zenaan Harkness 
On Fri, Dec 22, 2017 at 11:56:29PM -0500, grarpamp wrote:
> On Fri, Dec 22, 2017 at 9:24 PM, g2s  wrote:
> > Read the Vinay Gupta post.
> 
> Re waste, Mars, coin, and why I respect and value Vinay...
> https://medium.com/humanizing-the-singularity/2018-year-in-preview-the-future-of-cryptocurrency-b99110480ff0
> 
> "we better be solving some real global problems"

Damn fine thoughts collected.

Anyone who don't get their second neurone firing at least once while
reading this, just ain't in the right neighbourhood!

Daŋkə schön :)

Re: RAYZER'S WET DREAM COME TRUE: BITCOIN CRASHES LOL

2017-12-22 Thread grarpamp 
On Fri, Dec 22, 2017 at 9:24 PM, g2s  wrote:
> Read the Vinay Gupta post.

Re waste, Mars, coin, and why I respect and value Vinay...
https://medium.com/humanizing-the-singularity/2018-year-in-preview-the-future-of-cryptocurrency-b99110480ff0

"we better be solving some real global problems"

Re: RAYZER'S WET DREAM COME TRUE: BITCOIN CRASHES LOL

2017-12-22 Thread g2s 
Read the Vinay Gupta post.
null

Re: RAYZER'S WET DREAM COME TRUE: BITCOIN CRASHES LOL

2017-12-22 Thread grarpamp 
On Fri, Dec 22, 2017 at 6:48 PM, John Newman  wrote:
> Burning carbon to generate wattage simply for the
> purpose of proving work generating hashes, without doing
> anything useful, seems like an awful waste. We are baking
> the earth quickly enough, aren't we?

Well, how many gigawatts does it take to print fiat?
Including tree chopping, paper making, factory building,
shipping, counting, everything that goes into that year on year?
What about constructing all the bank buildings, heating, cooling,
lighting, and feeding their dehumanizing datamining datacenters?
And the fuel burnt by bankers going to / from work, the oil shredded
off their tires, and all the pointless posh shit they buy for their homes?
All the politicians and their buildings?
The colossal war machines and the fuel and resources
to keep them roving around the world 24x7x365 for
nothing but zero sum MAD and murder?
The constant patrol of imaginary decreed and artificial
inefficiency inducing borders?

Just how many gigawatts and resources wasted there?
Versus say saving for or getting humanity off the rock?

At least crypto is not much more than sand and electrons,
hopefully someday solar derived through consensus.

Seems like giving the world's humanity privacy cryptocurrency
such that they can personally make earning and spending decisions
that actually count for humanity, instead of having their work stolen
from them by force by rulers for the rulers... might end up being
quite efficient.

Worldwide tradition of New Years resolutions coming up,
how many will involve crypto in some way

Re: RAYZER'S WET DREAM COME TRUE: BITCOIN CRASHES LOL

2017-12-22 Thread grarpamp 
On Fri, Dec 22, 2017 at 6:48 PM, John Newman  wrote:
> A brief point... The whole proof of work calculation that is done
> in the process of Bitcoin activity would be far more
> interesting if it did something useful. I suppose this is
> much easier said than done - how do you precisely
> quantify "useful work" (eg crunching data on the genome,
> on folding proteins, on SETI, etc)...

> Are there are any digital currencies working in this
> direction?

Maybe there are some, try searching bitcointalk.
Does breeding virtual crypto kitties qualify / useful?

> Is it even feasible?

Maybe, so long as the work being computed over is decentrally sourced
like bitcoin transactions are.
ie: You can't trust big pharma or even seti@home to not eventually corrupt
say the flow of work source units to eventually preferential /
adversarial to you
entities.
However it is conceivable that every miner could downlink the random sky of the
universe through their own personally owned satellite dishes / RTL-SDR
units into
a cooperative long baseline shared data distribution mesh and somehow crunch
away at that with its unit verification by peers being the proof of
work upon which
blocks ride. Yet still, unless you have a way around cryptanalysis / easy attack
that SHA-256 and the other hard crypto were instituted to prevent?... no savings
there, you'd just be computing two things on one chain, which could wind up
with one endeavour being felt pointless, thus taking down the other for being
suboptimal waste, unless you could plugin other crap like over ETH.
Maybe you can design one.

> I take only a mild interest in Bitcoin having sold (used, actually) a number 
> of coins at $400-$600 a couple years
> ago and feeling foolish now

So long as cryptocurrency remains unstoppable under various remaining
and hopefully increasing freedoms, and up till the time it reaches forex
capital flow equilibrium with any remaining fiat currencies, it will be on sale,
and probably quite profitable and world changing compared to other
investments. Most seem to say a 5-10% allocation towards crypto would
not be foolish, even up against any risk of total loss. Over 8+ years since
the first of many Genesis says that won't happen. Hodling says you can
say you were there for the next 8.

Re: RAYZER'S WET DREAM COME TRUE: BITCOIN CRASHES LOL

2017-12-22 Thread Marina Brown 
On 12/22/2017 06:48 PM, John Newman wrote:
> 
> 
> On December 22, 2017 4:33:54 PM EST, grarpamp  wrote:
>> On Fri, Dec 22, 2017 at 2:56 AM, Gaycoin  wrote:
>>> Coin went from ~20K to almost half it's value in a few days.
>>
>> Normal, been there, done that...
>> https://www.reddit.com/r/Bitcoin/comments/7leubr/fact_tonight_is_the_fifth_30_correction_of_2017/
>> https://www.youtube.com/watch?v=-hlN2nel5HI
>>
>>> 1,000,000.00
>>> 100,000.00
>>> 10,000.00 <--- You are here
>>
>> At least two more magnitudes remain to unlock.
>>
>>> reddit.com/r/Bitcoin/comments/7leq7t/bought_at_19500_ama/
>>
>> For posterity...
>> https://www.reddit.com/r/Bitcoin/comments/7le7t9/bitcoin_today/
>> https://www.reddit.com/r/CryptoCurrency/comments/7lhgeq/waking_up_today_and_checking_prices/
>> https://www.reddit.com/r/Bitcoin/comments/7lg5dt/quick_grab_the_offer/
>> https://www.reddit.com/r/Bitcoin/comments/7lfm1b/so_the_10k_prediction_by_the_end_of_the_year_was/
>> https://www.reddit.com/r/Bitcoin/comments/7lf70e/why_crypto_crashed_today/
>> https://www.reddit.com/r/Bitcoin/comments/7lhj3w/to_the_new_guys_lets_see_how_tough_you_really_are/
>> https://www.reddit.com/r/Bitcoin/comments/7ler9l/number_of_hodlers_with_strong_hands/
>> https://www.reddit.com/r/CryptoCurrency/comments/7lefhw/current_state_of_the_crypto_world/
>>
>> Whatever the new line of support ends up being,
>> it'll be a hella strong launchpad to the next one.
>>
>> Cryptocurrency is still early days, there are but three primary
>> rules...
>>
>> 1) Stay agile 2) Buy dips 3) HODL...
>> https://www.youtube.com/watch?v=90dQQYp2QWM
>> https://www.youtube.com/results?search_query=crypto+hodl
>>
>> and of course
>>
>> 4) Work on adoption while ignoring the markets
>> https://www.youtube.com/watch?v=3lql_bwZoZs
>> https://www.youtube.com/watch?v=y3cKBDBabtA
>>
>> 5) Spend and annoy a statist
>> https://www.youtube.com/watch?v=TZ0XcvHgpTc
>> https://www.youtube.com/watch?v=YdJGmOnTURc
>> https://www.youtube.com/watch?v=woOodUglSrk
>> or just live
>> https://www.youtube.com/results?search_query=living+on+bitcoin
>>
>>
>>> Scumbags
>>
>> Some say BTC is pretty scummy with crazy fees and all...
>> https://www.reddit.com/r/btc/comments/7ld7vp/greg_maxwell_uncorks_the_champagne_to_celebrate/
>>
>>
>>> hemp
>>
>> Aren't there already some drug coins?
>> So buy some, smoke a lil, and dig the audiovisuals...
>> https://www.youtube.com/results?search_query=marijuana+music
>> https://www.youtube.com/results?search_query=psychedelic+music
>>
>>
>> In crypto we trust...
> 
> A brief point... The whole proof of work calculation that is done
> in the process of Bitcoin activity would be far more 
> interesting if it did something useful. I suppose this is 
> much easier said than done - how do you precisely 
> quantify "useful work" (eg crunching data on the genome,
> on folding proteins, on SETI, etc)...
> 

One way a friend and i thought of was to use bitcoin tech but make the
coin far far more divisible - something like 10^10 or even more and have
the blocks signed by some sort of mint. The "mint: could be SETI or
genome projects or the like. The way we thought to get rid of the energy
problem would be to only issue a very very small portion of the blockchain.

The obvious problem is the centralization, though there could be many
signers that could issue work-coins for worthy projects.

Not sure if my understanding of the tech is right but it was something
we thought a bit about.


> Burning carbon to generate wattage simply for the 
> purpose of proving work generating hashes, without doing 
> anything useful, seems like an awful waste. We are baking
> the earth quickly enough, aren't we?
> 
> Are there are any digital currencies working in this 
> direction? Is it even feasible?  
> 
> I take only a mild interest in Bitcoin having sold (used, actually) a number 
> of coins at $400-$600 a couple years
> ago and feeling foolish now, but I also recognize the
> environmental problem.
> 
> Cheers
> John
>

Re: RAYZER'S WET DREAM COME TRUE: BITCOIN CRASHES LOL

2017-12-22 Thread John Newman 


On December 22, 2017 4:33:54 PM EST, grarpamp  wrote:
>On Fri, Dec 22, 2017 at 2:56 AM, Gaycoin  wrote:
>> Coin went from ~20K to almost half it's value in a few days.
>
>Normal, been there, done that...
>https://www.reddit.com/r/Bitcoin/comments/7leubr/fact_tonight_is_the_fifth_30_correction_of_2017/
>https://www.youtube.com/watch?v=-hlN2nel5HI
>
>> 1,000,000.00
>> 100,000.00
>> 10,000.00 <--- You are here
>
>At least two more magnitudes remain to unlock.
>
>> reddit.com/r/Bitcoin/comments/7leq7t/bought_at_19500_ama/
>
>For posterity...
>https://www.reddit.com/r/Bitcoin/comments/7le7t9/bitcoin_today/
>https://www.reddit.com/r/CryptoCurrency/comments/7lhgeq/waking_up_today_and_checking_prices/
>https://www.reddit.com/r/Bitcoin/comments/7lg5dt/quick_grab_the_offer/
>https://www.reddit.com/r/Bitcoin/comments/7lfm1b/so_the_10k_prediction_by_the_end_of_the_year_was/
>https://www.reddit.com/r/Bitcoin/comments/7lf70e/why_crypto_crashed_today/
>https://www.reddit.com/r/Bitcoin/comments/7lhj3w/to_the_new_guys_lets_see_how_tough_you_really_are/
>https://www.reddit.com/r/Bitcoin/comments/7ler9l/number_of_hodlers_with_strong_hands/
>https://www.reddit.com/r/CryptoCurrency/comments/7lefhw/current_state_of_the_crypto_world/
>
>Whatever the new line of support ends up being,
>it'll be a hella strong launchpad to the next one.
>
>Cryptocurrency is still early days, there are but three primary
>rules...
>
>1) Stay agile 2) Buy dips 3) HODL...
>https://www.youtube.com/watch?v=90dQQYp2QWM
>https://www.youtube.com/results?search_query=crypto+hodl
>
>and of course
>
>4) Work on adoption while ignoring the markets
>https://www.youtube.com/watch?v=3lql_bwZoZs
>https://www.youtube.com/watch?v=y3cKBDBabtA
>
>5) Spend and annoy a statist
>https://www.youtube.com/watch?v=TZ0XcvHgpTc
>https://www.youtube.com/watch?v=YdJGmOnTURc
>https://www.youtube.com/watch?v=woOodUglSrk
>or just live
>https://www.youtube.com/results?search_query=living+on+bitcoin
>
>
>> Scumbags
>
>Some say BTC is pretty scummy with crazy fees and all...
>https://www.reddit.com/r/btc/comments/7ld7vp/greg_maxwell_uncorks_the_champagne_to_celebrate/
>
>
>> hemp
>
>Aren't there already some drug coins?
>So buy some, smoke a lil, and dig the audiovisuals...
>https://www.youtube.com/results?search_query=marijuana+music
>https://www.youtube.com/results?search_query=psychedelic+music
>
>
>In crypto we trust...

A brief point... The whole proof of work calculation that is done
in the process of Bitcoin activity would be far more 
interesting if it did something useful. I suppose this is 
much easier said than done - how do you precisely 
quantify "useful work" (eg crunching data on the genome,
on folding proteins, on SETI, etc)...

Burning carbon to generate wattage simply for the 
purpose of proving work generating hashes, without doing 
anything useful, seems like an awful waste. We are baking
the earth quickly enough, aren't we?

Are there are any digital currencies working in this 
direction? Is it even feasible?  

I take only a mild interest in Bitcoin having sold (used, actually) a number of 
coins at $400-$600 a couple years
ago and feeling foolish now, but I also recognize the
environmental problem.

Cheers
John


signature.asc
Description: PGP signature

Re: RAYZER'S WET DREAM COME TRUE: BITCOIN CRASHES LOL

2017-12-22 Thread Zenaan Harkness 
Come on dude, did you ever expect a true revolution to happen at
your local Goldman Sachs branch?



On Fri, Dec 22, 2017 at 10:38:43AM -0800, g2s wrote:
> Actually a real alternative digital currency based on a rational and stable 
> commodity, such as hemp, would be good. But the kind of scumbags interested 
> in btc would NEVER consider investing in something they couldn't get rich on 
> quick, so the whole concept is fuck-ed. If, by some quirk of fate,  btc had 
> appeared in the 1980s or early 90s before those scumbags began infesting the 
> computer industry, it MIGHT HAVE worked out, but as I said before, TimMay's 
> ideation of btc died in infancy. Those scumbags btw, are undoubtedly why TM 
> retired to the hills of Corrolitos, where hippies once ran free before the 
> geeks moved in, and gtfo of the industry.
> Rr
>  Original message From: Gaycoin <ge...@cumallover.me> Date: 
> 12/21/17  11:56 PM  (GMT-08:00) To: cypherpunks@lists.cpunks.org Subject: 
> RAYZER'S WET DREAM COME TRUE: BITCOIN CRASHES LOL 
> Coin went from ~20K to almost half it's value in a few days.
> 
> 1,000,000.00
> 100,000.00
> 10,000.00 <--- You are here
> 1,000.00
> 100.00
> 10.00
> 1.00
> 0.01
> 
> Plebbit is in full meltdown.
> This faggot lost it all:
> reddit.com/r/Bitcoin/comments/7leq7t/bought_at_19500_ama/
> 
> Pic related.
> 
> Should have invested in Gaycoin.
> Lol.

Re: RAYZER'S WET DREAM COME TRUE: BITCOIN CRASHES LOL

2017-12-22 Thread grarpamp 
On Fri, Dec 22, 2017 at 2:56 AM, Gaycoin  wrote:
> Coin went from ~20K to almost half it's value in a few days.

Normal, been there, done that...
https://www.reddit.com/r/Bitcoin/comments/7leubr/fact_tonight_is_the_fifth_30_correction_of_2017/
https://www.youtube.com/watch?v=-hlN2nel5HI

> 1,000,000.00
> 100,000.00
> 10,000.00 <--- You are here

At least two more magnitudes remain to unlock.

> reddit.com/r/Bitcoin/comments/7leq7t/bought_at_19500_ama/

For posterity...
https://www.reddit.com/r/Bitcoin/comments/7le7t9/bitcoin_today/
https://www.reddit.com/r/CryptoCurrency/comments/7lhgeq/waking_up_today_and_checking_prices/
https://www.reddit.com/r/Bitcoin/comments/7lg5dt/quick_grab_the_offer/
https://www.reddit.com/r/Bitcoin/comments/7lfm1b/so_the_10k_prediction_by_the_end_of_the_year_was/
https://www.reddit.com/r/Bitcoin/comments/7lf70e/why_crypto_crashed_today/
https://www.reddit.com/r/Bitcoin/comments/7lhj3w/to_the_new_guys_lets_see_how_tough_you_really_are/
https://www.reddit.com/r/Bitcoin/comments/7ler9l/number_of_hodlers_with_strong_hands/
https://www.reddit.com/r/CryptoCurrency/comments/7lefhw/current_state_of_the_crypto_world/

Whatever the new line of support ends up being,
it'll be a hella strong launchpad to the next one.

Cryptocurrency is still early days, there are but three primary rules...

1) Stay agile 2) Buy dips 3) HODL...
https://www.youtube.com/watch?v=90dQQYp2QWM
https://www.youtube.com/results?search_query=crypto+hodl

and of course

4) Work on adoption while ignoring the markets
https://www.youtube.com/watch?v=3lql_bwZoZs
https://www.youtube.com/watch?v=y3cKBDBabtA

5) Spend and annoy a statist
https://www.youtube.com/watch?v=TZ0XcvHgpTc
https://www.youtube.com/watch?v=YdJGmOnTURc
https://www.youtube.com/watch?v=woOodUglSrk
or just live
https://www.youtube.com/results?search_query=living+on+bitcoin


> Scumbags

Some say BTC is pretty scummy with crazy fees and all...
https://www.reddit.com/r/btc/comments/7ld7vp/greg_maxwell_uncorks_the_champagne_to_celebrate/


> hemp

Aren't there already some drug coins?
So buy some, smoke a lil, and dig the audiovisuals...
https://www.youtube.com/results?search_query=marijuana+music
https://www.youtube.com/results?search_query=psychedelic+music


In crypto we trust...

Re: RAYZER'S WET DREAM COME TRUE: BITCOIN CRASHES LOL

2017-12-22 Thread g2s 
Actually a real alternative digital currency based on a rational and stable 
commodity, such as hemp, would be good. But the kind of scumbags interested in 
btc would NEVER consider investing in something they couldn't get rich on 
quick, so the whole concept is fuck-ed. If, by some quirk of fate,  btc had 
appeared in the 1980s or early 90s before those scumbags began infesting the 
computer industry, it MIGHT HAVE worked out, but as I said before, TimMay's 
ideation of btc died in infancy. Those scumbags btw, are undoubtedly why TM 
retired to the hills of Corrolitos, where hippies once ran free before the 
geeks moved in, and gtfo of the industry.
Rr
 Original message From: Gaycoin <ge...@cumallover.me> Date: 
12/21/17  11:56 PM  (GMT-08:00) To: cypherpunks@lists.cpunks.org Subject: 
RAYZER'S WET DREAM COME TRUE: BITCOIN CRASHES LOL 
Coin went from ~20K to almost half it's value in a few days.

1,000,000.00
100,000.00
10,000.00 <--- You are here
1,000.00
100.00
10.00
1.00
0.01

Plebbit is in full meltdown.
This faggot lost it all:
reddit.com/r/Bitcoin/comments/7leq7t/bought_at_19500_ama/

Pic related.

Should have invested in Gaycoin.
Lol.