Shelby asked my to post his response:
There is not a single iota of logic or evidence that proves your point in those useless, rambling posts. Chock full of retarded assumptions with no basis like:
You are laughably dumb if you eat up this sort unproven illogical garbage. These posts are nothing but empty opinions from people who are obviously completely ignorant of the economic incentives.
What part of the game theory and economics is your pea-sized brain incapable of understanding?
I pointed out that after the fork off, Legacy address hodlers will have tokens in both forks and the Core address hodlers will only have Core shitcoins. So Core supporters will have no Legacy coins to sell. And Legacy supporters will have Core shitcoins to dump. Why would they instead dump their real BTC if they made the conscious decision to hodl in legacy addresses.
Why do I have to spell this out for you like youre a retarded, 5 year old.
"Oh yeah, derp derp, 50% coins in Segwit addresses? Must be time to fork to that chain nobody is going to use where we steal everyone's coins! Derp derp!" Super convincing game theory. We're all very impressed with you. LOL.
Are you incapable of reading? Try looking at my prior post again and see what you failed to read.
The miners are not going to steal anyones coins. Only those generous snowflakes (like you fool) who have at the time of the fork spent their coins to anyone can spend addresses at the time of the fork off, will be thanked for funding the immutability of Satoshis protocol.
I already refuted this in the prior post. You seem to not understand the importance of the power-law distribution of wealth and thus you do not understand economics.
So you will receive your reward, which is going to be poverty. Mark my word. I am not going to waste my time with you. Youre a stubborn idiot who will fall in the woodchipper where you belong.
You are so arrogant that you refuse to learn about the backtested model that gives Bitcoin its valuation. Thus youre boastfully ignorant about what the real BTC is worth. Fuck exchanges and all your nonsense about what you think gives Bitcoin value. Go study the math of the backtested model which I linked for you, so you can put some salve on your eyes, fool.
You have the reading comprehension of someone with a 100 IQ.
You still have not even paid attention to the fact that Core address hodlers do not get any Legacy tokens. Thus the air-drop is of Core tokens, not of Legacy tokens. Youre logic is all fucking twisted because you do not even take the time to actually grok what is written.
Youre an arrogant fool.
How is your shitcoin immutable?
Lol. You have no reading comprehension.
Which address format is the air-drop? Duh.
That was all explained in the Steemit posts which you do not even bother to read or youre reading comprehension is so low that you cant even grok the logic in what you read.
Nope. Youre delusional.
Wealthy people have a functioning brain stem, unlike you. That is why they are wealthy and why you will be impoverished.
The chart below clearly shows that the wealthy long-term hodlers are grabbing more and more share of the BTC wealth as times goes and especially during crashes when the snowflakes panic.
I will expound for those who are bit slow minded or who dont know the history.
Satoshis v0.5.3 protocol doesnt cease to exist just because Core scammers are able to convince hordes (i.e. the mindless mob) of cute bunny rabbits to use a new address format which Satoshis immutable protocol doesnt recognize.
Idiots who sign transactions using software made by scammers, that spends their BTC to unrecognized addresses, thus are donating their BTC in Satoshis protocol. Apparently they believe that Satoshis protocol no longer exists. But they are going to find out that Satoshis protocol didnt die, just because Core refused to do a hard fork and instead attempted to fool everybody with the oxymoronic, contrived notion of soft fork. The Satoshi protocol will simply reassert its dominance as the immutable hodler blockchain, when miners are incentivized by the Schelling point of the ever growing booty of unrecognized transactions in the UTXO for taking as donations by the miners who are brave (and wise) enough to force the Core protocol to fork-off (actually fuck-off).
The bunny rabbits will still have possession of their unrecognized transactions on the Core protocol. Its just that the Core protocol blockchain will be as worthless as every other hard fork of Bitcoin has been. Core tried to fool everyone into thinking a soft fork is not a hard fork and attempted to steal/sequester Bitcoins name by employing the kleptocracy and renting seeking of democracy.
The hodler Bitcoin doesnt need any new features. The backtested valuation model I shared in this thread indicates that transaction volume scaling is unnecessary for Bitcoin to go for the gold valuation and beyond as a purely hodler and settlement coin for the uber wealthy. You even admitted that all free air-drop hard forks are sold by hodlers. So a hard fork of Bitcoin will never succeed. That is why Core tried to be sneaky about so they could employ their leverage to fool the community-at-large.
And now all the fools who remain fooled are going to get what they deserve for not doing their due diligence and for allowing fools such as yourself to slander the honest nutjob people like myself, who try to share the research and information despite the abusive we receive from the hordes of mindless idiots.
As Craig warns, many people are probably going to be sued. And some may end up in prison. I would strongly suggest you be more circumspect with your intentional FUD, disinformation, and slander. Youre not anonymous to those who have the power to prosecute.
Quote from: Shelby Moore
Quote from: Shelby Moore
Actually take some time to read the following two linked posts and understand that the death of the Core shitcoin is 100% economically assured:
https://steemit.com/bitcoin/@zoidsoft/psa991 <--- @zoidsoft has been a s/w engineer his entire life, read his numeric economic analysis
https://steemit.com/bitcoin/@anonymint/ps965c
https://steemit.com/bitcoin/@zoidsoft/psa991 <--- @zoidsoft has been a s/w engineer his entire life, read his numeric economic analysis
https://steemit.com/bitcoin/@anonymint/ps965c
There is not a single iota of logic or evidence that proves your point in those useless, rambling posts. Chock full of retarded assumptions with no basis like:
Quote
I'm thinking that once the Segwit booty exceeds 50% of the total BTC in existence, that's when it will happen. If I could just mathematically model the flow into segwit somehow, I might be able to extrapolate when.
At the 50% mark, the value of BTC Core and BTC legacy will be equal which turns this into something similar to a PoS situation where the majority BTC legacy is assured control.
At the 50% mark, the value of BTC Core and BTC legacy will be equal which turns this into something similar to a PoS situation where the majority BTC legacy is assured control.
You are laughably dumb if you eat up this sort unproven illogical garbage. These posts are nothing but empty opinions from people who are obviously completely ignorant of the economic incentives.
What part of the game theory and economics is your pea-sized brain incapable of understanding?
I pointed out that after the fork off, Legacy address hodlers will have tokens in both forks and the Core address hodlers will only have Core shitcoins. So Core supporters will have no Legacy coins to sell. And Legacy supporters will have Core shitcoins to dump. Why would they instead dump their real BTC if they made the conscious decision to hodl in legacy addresses.
Why do I have to spell this out for you like youre a retarded, 5 year old.
Quote from: Shelby Moore
There was no humongous dangling carrot SegWit anyone can spend donations booty to provide the Schelling point. Now there is. Read @zoidsofts numbers linked above.
"Oh yeah, derp derp, 50% coins in Segwit addresses? Must be time to fork to that chain nobody is going to use where we steal everyone's coins! Derp derp!" Super convincing game theory. We're all very impressed with you. LOL.
Are you incapable of reading? Try looking at my prior post again and see what you failed to read.
The miners are not going to steal anyones coins. Only those generous snowflakes (like you fool) who have at the time of the fork spent their coins to anyone can spend addresses at the time of the fork off, will be thanked for funding the immutability of Satoshis protocol.
You idiots haven't even bothered to discuss mining incentives as pertaining to actual users, post-fork.
I already refuted this in the prior post. You seem to not understand the importance of the power-law distribution of wealth and thus you do not understand economics.
So you will receive your reward, which is going to be poverty. Mark my word. I am not going to waste my time with you. Youre a stubborn idiot who will fall in the woodchipper where you belong.
You've based this entire absurd theory on mining rewards at existing prices! That's beyond absurd! Miners on your shitcoin won't be mining billions in value. Who is going to put bids on exchanges for that shitcoin? It would be dumped to hell immediately and become incredibly unprofitable to mine.
You are so arrogant that you refuse to learn about the backtested model that gives Bitcoin its valuation. Thus youre boastfully ignorant about what the real BTC is worth. Fuck exchanges and all your nonsense about what you think gives Bitcoin value. Go study the math of the backtested model which I linked for you, so you can put some salve on your eyes, fool.
Somehow you've convinced yourself that airdropping coins to legacy addresses is going to create demand for your coin. Now why would that be? If Bcash taught us anything, airdrops are for dumping.
You have the reading comprehension of someone with a 100 IQ.
You still have not even paid attention to the fact that Core address hodlers do not get any Legacy tokens. Thus the air-drop is of Core tokens, not of Legacy tokens. Youre logic is all fucking twisted because you do not even take the time to actually grok what is written.
Youre an arrogant fool.
Quote from: Shelby Moore
Anyone who understands where Bitcoins monetary valuation comes from as a replacement for gold (make sure you click and look at the charts!):
[ ]
Then understands that without immutability of the protocol, then the 21 million tokens limit cant be assured and thus you will end up with a non-monetary valuation such as silver which is now entirely demonetized:
[ ]
Then understands that without immutability of the protocol, then the 21 million tokens limit cant be assured and thus you will end up with a non-monetary valuation such as silver which is now entirely demonetized:
How is your shitcoin immutable?
Lol. You have no reading comprehension.
Which address format is the air-drop? Duh.
That was all explained in the Steemit posts which you do not even bother to read or youre reading comprehension is so low that you cant even grok the logic in what you read.
You're proposing a hard fork where miners steal outputs from users on the original fork. That's the complete opposite of immutable.
Nope. Youre delusional.
Why would your shitcoin be immune? Investors are going to conclude that POW doesn't work.
This is the most incredible thing about your theory. You believe investors are going to flock to the very dishonest miners who just robbed them. The truth is, they would dump your shitcoin too, especially since it was just airdropped.
Not to mention that miners will control half the supply on fork day. LOL. Yeah, really attractive for investors! Where can I line up to buy some?
This is the most incredible thing about your theory. You believe investors are going to flock to the very dishonest miners who just robbed them. The truth is, they would dump your shitcoin too, especially since it was just airdropped.
Not to mention that miners will control half the supply on fork day. LOL. Yeah, really attractive for investors! Where can I line up to buy some?
Wealthy people have a functioning brain stem, unlike you. That is why they are wealthy and why you will be impoverished.
The chart below clearly shows that the wealthy long-term hodlers are grabbing more and more share of the BTC wealth as times goes and especially during crashes when the snowflakes panic.
I will expound for those who are bit slow minded or who dont know the history.
Satoshis v0.5.3 protocol doesnt cease to exist just because Core scammers are able to convince hordes (i.e. the mindless mob) of cute bunny rabbits to use a new address format which Satoshis immutable protocol doesnt recognize.
Idiots who sign transactions using software made by scammers, that spends their BTC to unrecognized addresses, thus are donating their BTC in Satoshis protocol. Apparently they believe that Satoshis protocol no longer exists. But they are going to find out that Satoshis protocol didnt die, just because Core refused to do a hard fork and instead attempted to fool everybody with the oxymoronic, contrived notion of soft fork. The Satoshi protocol will simply reassert its dominance as the immutable hodler blockchain, when miners are incentivized by the Schelling point of the ever growing booty of unrecognized transactions in the UTXO for taking as donations by the miners who are brave (and wise) enough to force the Core protocol to fork-off (actually fuck-off).
The bunny rabbits will still have possession of their unrecognized transactions on the Core protocol. Its just that the Core protocol blockchain will be as worthless as every other hard fork of Bitcoin has been. Core tried to fool everyone into thinking a soft fork is not a hard fork and attempted to steal/sequester Bitcoins name by employing the kleptocracy and renting seeking of democracy.
Quote from: God
Thou shall not steal, nor covet which is not yours.
The hodler Bitcoin doesnt need any new features. The backtested valuation model I shared in this thread indicates that transaction volume scaling is unnecessary for Bitcoin to go for the gold valuation and beyond as a purely hodler and settlement coin for the uber wealthy. You even admitted that all free air-drop hard forks are sold by hodlers. So a hard fork of Bitcoin will never succeed. That is why Core tried to be sneaky about so they could employ their leverage to fool the community-at-large.
And now all the fools who remain fooled are going to get what they deserve for not doing their due diligence and for allowing fools such as yourself to slander the honest nutjob people like myself, who try to share the research and information despite the abusive we receive from the hordes of mindless idiots.
As Craig warns, many people are probably going to be sued. And some may end up in prison. I would strongly suggest you be more circumspect with your intentional FUD, disinformation, and slander. Youre not anonymous to those who have the power to prosecute.