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Re: Is it more wise to invest in Bitcoin or in Ethereum for the next 5 years?
by
PseudoCode
on 20/11/2017, 12:15:17 UTC
Dont you just love the way that most of the people advising Eth are based mainly on the *assumption that "It has more room to grow" 

ie. its cheaper to buy more of, so *if it eventually manages to deliver on some of its big-dream promises (other than being a great tool for scamming idiots with ICO's), then it *might climb in price a *bit.. 

but with an adjustable-emission-rate, and endless supply of Eth's (that can be easily changed too), and all sorts of other characteristics very different to BTC (many of Eths are undesire-able, but thats just my opinion) then I just cant see Eth *ever getting anywhere *near Btc.. so the whole "it has more room to grow" claim is bogus..

It has some interesting ideas, but the way they are going, If it survives, I suspect it will give "Duke Nukem Forever" a run for its money for longest-running-vaporware.
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Re: Dark cloud above the bulls.
by
PseudoCode
on 25/08/2017, 10:15:43 UTC
There seems to be a careful up-trend again
Shit Kwuckduck, that makes no sense. because you were saying just a few days ago that bitcoin was dead and bitcoin cash had taken over.

KwukDuck ?  Sense ?   
You will need to perform some serious surgery to relocate your neural ganglia and optic nerves to your lower rectum if you want to perceive the world in a "sensible" fashion similar to Kwuk's definition.

Or just do what everyone else does, and do the opposite to anything he says, and you'll be sweet Smiley
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Re: The biggest bitcoin crash ever has begun.
by
PseudoCode
on 13/08/2017, 23:37:33 UTC
After the biggest pump in the history of Bitcoin we are now witnessing the biggest crash crypto has ever seen.

Well that's bit premature.

Kwukkie does tend to have a bit of a problem with premature e-kwak-ulation.. Smiley
Anything over a 10% drop and he practically comes in his pants with excitement over imminent doom..
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Re: Old hands, what is your current engagement level?
by
PseudoCode
on 13/08/2017, 15:33:18 UTC
Does 2010 qualify ?   Grin

First fired it up in dec 2010 after reading about it on Freshmeat.  Tried CPU mining.  lotta noise, no results
Did some GPU mining in Feb 2011..  still got the poclbm_py2exe_20110204.7z files
Made some small gains in one of the early mining pools (Slush ?), but got sick of the screaming fans after 2 weeks
Decided to "Buy Shares" in this new Interesting geek-run project instead (feb 2011)
Got bored, threw hard drive out   Just kidding  Grin   I was there when a few people did though.

No, I'm not saying how many I mined/bought/sold/still-have. 
Yes, I know this forum account isnt that old. 
I forgot the password to my old forum account, and decided it probably wasnt a bad thing to start fresh.

I remember the start of the Alpaca Socks, Proudhon, the craziness when it *surpassed 1 US Dollar (Gasp) !
The cries of "Insanity" when it hit $32, the "Told you so's !" from everyone when it went back to $9
The "OMG, Bitcoin is not dead !" recovery to $266, the crash back to ~$90 (Oh hang on, yes it is..)

Everything since then has been a yawn by comparison to those days   
Wake me up when something *exciting happens.  Wink

Do I get my senior citizens card yet ?

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Re: Whale pump or newbie ignorance?
by
PseudoCode
on 12/08/2017, 14:50:31 UTC
Sad attempt at a double-bind there Kwukker..

It cant possibly be anything *but one of the possibilities that you listed, can it ?

After all, if it *WAS for some other reason than the sole two that you offered,
then that would mean that you are *wrong..   and *thats never happened before, has it ?
 Roll Eyes

You've been crying doom since about $100 iirc, and have yet to be right about *anything to my recollection..  
Just imagine the gains you *could have made if you hadnt been suffering from a serious years-long case of cranial-rectal inversion..

Shouldn't you be slitting your wrists right now or something ?  
Or are you hoping that the eventual expansion of the sun into a red-giant in about 5 billion years will prove you right..?
After all.. *everyone dies in the end...  *eventually.
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Re: BCC taking the crown.
by
PseudoCode
on 05/08/2017, 17:31:38 UTC
Yes, and Im sure that the Reserve Bank "development team" is a lot better funded than both of them put together..

Having lots of money to spend does *not equal "coming up with a better product".  
In fact, it usually means the *opposite, since people with lots of money are usually engaged in plans to get even *more of it.

And that means they are focused on developing products that will firstly benefit *them with profit,
while "usefulness to others" is a secondary objective to convince people to buy it..  
How many big companies do you know that are altruistic and anti-mainstream-finance ?
You think Jihan Wu is pushing his wheelbarrow for everyone else's benefit ?

And your "mining profitability" argument is twaddle too...   maybe while the difficulty is low, a few non-Bitmain miners will support bcc for a little while until the difficulty increases.. then they will look at which way the price of bcc vs btc is going, and how much sense it makes to mine a coin that has nothing to recommend it and no significant points of difference,

(except 8mb blocks, which nobody has yet proved will do anything beneficial for the network except allow miners to scoop up more transaction fees per block and *may involve significant security risks..  tell me how Bcc is going after its survived 5 years of network attacks, and I might start to have some confidence in it).

Sooner or later, they will add up whether it makes more sense to mine a coin that is far more likely to fail, and is presently dropping in value..

But there's no point arguing with you, From past experience, I know that anytime someone debunks one of your loads of crap, you just ignore it and start a new thread crying doom about the next thing.
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Re: BCC taking the crown.
by
PseudoCode
on 05/08/2017, 16:46:06 UTC
Ah Kwukkie..

Werent you boosting Ethereum as the new golden boy last week ?   And something else before that ?

You do realise that nobody believes a word you say ?  because you will say *anything, as long as it is anti-bitcoin.

Hows that "$180 next week !" prediction you (and your "analysis team") made (back when we first encountered each other here) going for you ?
Still got your buy orders set at $9 in hope of "buying back lower" when you sold out at $10 ?

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Re: Is bitcoin done?
by
PseudoCode
on 11/05/2017, 09:44:00 UTC
Yea sure and next week or so it will hardfork and crash the complete btc economy.
This is pretty much the end. We will probably go from a new ATH to being a crappy altcoin in a matter of hours when the fork happens.

Surely not even *you can seriously believe that garbage you are claiming ?  

You think the B.U. guys are stupid enough to try for a hardfork the moment it touches 51% (*if it ever does, which is unlikely) ?

Ignoring the fact that the attempt would likely *fail - From my understanding of the protocol, 51% is just when it becomes theoretically *possible, but still *very unlikely.   They need to reach more like 75-80% to stand a reasonable chance of maintaining a dominant chain position.   and I doubt that they will ever get anywhere near that.   Most smart Miners would know better than to allow a single entity to have control over that much hashing power and would leave their pools long before that.

They have already shown (multiple times) that they aren't competent to even *maintain any sort of existing reliable codebase (much less any innovative new developments) with several completely-unanticipated bugs in their bodgy fork , *and then they *rush ad-hoc fixes out with *no-significant testing period to ensure they arent making things *worse with their hurried patches..

and *If they *were stupid enough to try without a significant majority margin, I think they would *immediately lose a lot of their support, since any attempt at 51% would clearly demonstrate that they are not at all interested in a consensus or the interests of the users, but would be simply trying to wrest personal control over it by force and damn the consequences that could result to the bitcoin ecosystem from a hostile takeover attempt..

Are *these the sort of people you would want to place newly in charge of a project that.. with the current devs, has a proven track record of reliability and security for *8 years now ?   I know that I don't..

As has already been pointed out, The majority of Exchanges will *not even *list BU until they have implemented some form of replay protection, which they are unwilling - and probably *incapable of - doing. especially at this point.

*Then, *if they do protect against replay, Most exchanges have said that they will list Unlimited as "BU", *not "BTC" to avert the problems of two closely matched chains swapping dominant positions - possibly repeatedly - until the dust settles.   The BU community has still not come up with any answers to the exchanges statements except to sulk.

your claim of "'We' will probably go from ATH to crappy altcoin in hours" *has to be deliberate FUD, or if you *really do believe that, then it shows that you have *no fundamental understanding of what would happen *if the blockchain was to hardfork and should be ignored as obviously clueless.

Also, Whats this "we" stuff pale-face ?    

You keep trying to use that term to try to sound like you are "a bitcoin supporter" and give your blather some credibility (hahah), but *everyone here knows that you have done nothing but talk crap, attempt to spread FUD, and jumped gleefully on shouting every vaguely imaginable doomsday scenario you can from the treetops, then going silent (for a while) when you are proven (again and again) to be be utterly wrong.

In fact, I would probably be annoyed by your monotonously predictable kwack-ing, were it not for the fact that one of your posts is nearly always a *good sign (and worth a laugh), since history shows you make a *great contrary indicator.  So Kwack away little ducky, you are just convincing me even more that we are on a good path, simply because you dont like it.

Hows that "Obviously overvalued, *My TA "Team" predicts an immediate crash to 180 and then down into double digits within a couple of weeks" bet you made a couple of years back looking now ?   Just think, you *could have been up *10x up on an investment if you hadn't been so intent on FUD'ing..

Ah Kwucky.  do you often get the feeling that "The *purpose of your life is to act as a good example for others of what *not to do" ?

I would if I were you. Smiley

(want to bet he just ignores this post, like he ignores all inconvenient facts that contradict his "visions") ?
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Re: What is the right number of BTC to own in order to become rich in 10 years??
by
PseudoCode
on 10/05/2017, 07:48:16 UTC
Rich is mostly about what peer groups you (currently, and want to in future) hang around in, and your perceived position in that peer group.

Ive personally known multi-millionaire's having a few "rough years", and stressing over the fact they wont be able to afford their super expensive golf-club fee's ($50k) for that year and paranoid about "what will the other guys think and say about me when they're hitting some rounds and Im not there ?"  (seriously, this fella told me when he had a few stock market mishaps and was down about 50% on his earnings ).

another pov..
"Rich"
is most often defined as
"Having more money than your Wife's best-friend's Husband does"  Wink
(you can guess the reasons behind this definition).

Or, you could hang out with the Packers, and get offered a $50M bet on the toss of a coin..
https://www.google.com.au/search?q=kerry+packer+coin+toss

To most people, "Rich" means about 2x - 5x whatever they *currently earn.   
Which tells you that its not a number, its just a certain number of perceived steps up the financial ladder from *wherever you are right *now.

The problem is, as most people climb that ladder, they wind up their expenses at the same rate (or faster) as their income grows, and they find themselves with lots of money coming in, but still the same feeling of "only *just making it" as they had 10 years ago.   

Another big-$ bloke Ive known (I work with quite a lot of them) was worried about being able to afford to finish the total refurb on his CBD Penthouse Condo *and keeping up the repayments on an investment pub property he'd bought.. 

Being "Rich" is a state of mind, not a $ figure.
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Re: BU recovers from all the lies and trickery
by
PseudoCode
on 14/04/2017, 00:52:05 UTC
BU is almost back at 40% which brings the hard fork ever closer. That is what crashes the price.

Im glad to hear you say that Kwucky..  with your track record, you just put the kiss-of-death on BU Smiley
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Re: Any pumps or dumps in the pipeline ?
by
PseudoCode
on 13/04/2017, 07:42:18 UTC
This is getting boring sideways.....Anything coming up to shake the market ?

Because pump-and-dumpers are *totally going to announce their intentions in public, in advance, so that everyone knows about them ?

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Re: What *is a Hardfork ? Defintion Of. and why BU is NOT a HardFork
by
PseudoCode
on 20/03/2017, 04:45:16 UTC
it will depend on users and especially exchanges if they will list and give the BTC ticker to it or name it something else(an altcoin).

Which they have already stated that they *will be doing so (listing BU as an Altcoin), hence this thread.. 
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Re: BTU will become BTC -- face these facts or get left behind
by
PseudoCode
on 20/03/2017, 03:45:39 UTC
Sez You.

OK, Mr Professional-googler. please point me at some evidence supporting your claims.
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Re: BTU will become BTC -- face these facts or get left behind
by
PseudoCode
on 20/03/2017, 03:42:47 UTC
I know more about Bitcoin that you might realise.  Ive been here since early 2011..  (under another name) and seen plenty of self-proclaimed experts "with vision" predicting plenty of things that never happened.

So "think-forwards" all you like, it doesnt change the *fact that most exchanges have already agreed that BU will be an alt-coin
Your unsupported opinion contradicts proven facts and therefore has no validity.

Whether or not BU is needed, or even if it is the correct solution is irrelevant.. 
the BU team is trying to *force the adoption of their solution by weight of hashing power and therefore fails to garner my support.
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Re: BTU will become BTC -- face these facts or get left behind
by
PseudoCode
on 20/03/2017, 03:30:45 UTC
Evidence or Support for your uninformed opinion presented as if its Fact ?

Oh, none... unsurprising
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Re: What *is a Hardfork ? Defintion Of. and why BU is NOT a HardFork
by
PseudoCode
on 20/03/2017, 03:13:40 UTC
No it isnt.

It just shows that a lot of people do not understand what is happening.  "The" HardFork does not exist. 

Given the way that the BU ppl were going about it, it was always extremely likely that it would *never have existed. 
A attempted hostile takeover of the BTC chain was always going to cause significant problems that they chose to ignore.

There is no danger, and "The situation" is not becoming more serious.  Stop trying to give it credibility that it does not have.
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What *is a Hardfork ? Defintion Of. and why BU is NOT a HardFork
by
PseudoCode
on 20/03/2017, 02:53:38 UTC
Some posters challenged my earlier thread "No Hardfork will happen" by saying "How can BUCoin be listed as an Altcoin if there is no HardFork ?"

This makes it clear that some people have no idea what a "HardFork" is.

The definition from the Bitcoin Wiki - https://en.bitcoin.it/wiki/Hardfork

"A hardfork is a change to the bitcoin protocol that makes previously invalid blocks/transactions valid, and therefore requires *all users to upgrade."

Since the exchanges have clearly stated that *if BUCoin gains sufficient client support for them to list it- (*and they make add support to prevent replay spends, which seems unlikely at this point), then it will be listed as an Alt-Coin (BTU), and Bitcoin-Core will continue to be listed and operated (as BTC) with no-changes.

This means that BU (if activated) is *not a hard-fork.   It is an Alt-Coin.  Existing BTC users can completely ignore it, and continue on using BTC as normal, regardless of whether it reaches 51%, 75% or whatever.  

There is *no requirement for *everyone to move over to BU (or be left-behind on an inactive chain), as would be the case if an *actual HardFork happened and took-over the main BTC chain.

The BU Supporters and Fudsters hoped to replace BTC-Core by force of majority mining hashpower, and would like you to believe that they will do so - but it *isnt going to happen.

So to reiterate -

BU is at *best (IF they gain support by implementing Replay Prevention) going to be an Alt-Coin.  It is *not a HardFork.  
Feel Free to ignore it without risk to your coins.
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No HardFork will happen -Most exchanges say BU will at *best be an ALT-Coin.
by
PseudoCode
on 19/03/2017, 09:23:22 UTC
Taken from https://bravenewcoin.com/news/bitcoin-exchanges-announce-contingency-plan-for-hard-fork-split/

Bitfinex, Bitstamp, BTC China, Bitsquare, Bittrex, Coinfloor, itBit, Kraken, ShapeShift, Zaif, and nine others will
"support Bitcoin Core continuously as BTC”  and "will not even consider listing BU coin until replay attack protection is in place"

(Replay attack protection is a method to prevent spending of existing coins on *both chains, which would be possible if BU went ahead with its confrontational plan to try to *replace BTC).

“We have decided to designate the Bitcoin Unlimited fork as BTU (or XBU). The Bitcoin Core implementation will continue to trade as BTC (or XBT) and all exchanges will process deposits and withdrawals in BTC even if the BTU chain has more hashing power.”

Jihan Wu, who recently switched over 75 percent of his mining pool's power to support BU, sulked at the news and referred to the exchanges as “not world class level.”

"Bitcoin Core developer Jameson Lopp tweeted, “It appears that BU devs have no intention of adding replay protection - their plan is to kill the Core chain instead.”

But since the exchanges have basically given that idea the big finger, BU will have to figure out how they are going to survive without the exchanges, or accept their fate as just another alt-coin.

“We do this not out of judgement or philosophical reasons but rather for practical and operational considerations,” the group declared.

Suck it up hard-fork FUDsters..   BU is dead.
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Re: New bear market. Bulls just got slapped in the face.
by
PseudoCode
on 13/03/2017, 06:02:36 UTC
Oh you're new here ? Smiley
Kwukky is our resident troll/idiot/shill/baby-bear/BS-artist/Butthurt-Early-Sellout/Shorter/Contrary-Indicator.

Just think/do the opposite to everything he says, and you're golden.  

Have a look over his post history - I dont think he has been right about *anything except by very occasional coincidence (you know the old stopped clock parable) in several years of his public mouth flushing.  

If hes recently been proven badly wrong (as often happens), he usually goes quiet, and a bunch of new 0-post sock puppet accounts mysteriously appear posting his usual cracked-record claims, until a 5% dip happens, upon which he will quickly swap back to his default identity and start a new round of crying doom.

I dont know why he even bothers anymore, unless he is a *very bored troll.  As I said a while back, people couldn't take him any *less seriously if he wore a red rubber nose and a squirting flower.  If he *is being paid to spout BS, whoever it is should ask him for a refund..  Practically everybody either ignores him or laughs at him.
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Re: Will Bitcoin Price Actually Drop? When?
by
PseudoCode
on 03/01/2017, 01:20:56 UTC
You see nobreason for it to drop? Are you delusional?
The protocol is fundamentally flawed.
There is barely any support until around $500.
The exchanges have likely been hacked or more likely been infiltrated to make this possible.
We are set up perfectly to drop down hard. $500 here we come.
And with all the fear happening then we will probably fall even lower go back to the 200-300 range again as we've seen before after we all got played by the manipulators and hypers.

Hahaha..  sounding a bit desperate there Kwucky..  Smiley  
Delusional ?  Pot, meet Kettle..  Hows those "get rich shorts" going for you ?  
Hit your "$180 any day now" that you claimed 6 months ago yet ?

"Protocol is fundamentally flawed" - Entertaining coming from someone who was asking for coders to help him make his own "BetterCoin" a little while ago..
You clearly are very *not qualified to judge a protocol that has survived the worst the internet can throw at it for years..
I think you have "protocol" and "proctology" confused, which is understandable for a person with his head in your position.

"Hacked and Infiltrated exchanges, Fear, manipulators, hypers, perfect setup for a hard drop."
Did someone pull your string again ?