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Showing 20 of 365 results by corebob
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Topic
Board Bitcoin Discussion
Re: Is Bitcoin equal Blockchain?
by
corebob
on 18/06/2019, 19:16:38 UTC
...
So can you view it as blockchain as the engine and bitcoin as the fuel? Undecided
...

Blockchain is the ledger, bitcoin is the protocol and algorithms.

The protocol and algorithms (bitcoin) allows every participant in the network to download and sync an identical/correct ledger (blockchain)
Post
Topic
Board Bitcoin Discussion
Re: Libra May kill all stable coins and may be best trading pair for bitcoin
by
corebob
on 18/06/2019, 19:02:28 UTC
I think I'll stick to gold myself
Post
Topic
Board Bitcoin Discussion
Re: things are reaching a boiling point
by
corebob
on 02/04/2017, 15:02:55 UTC
I wonder if BU is aware of the legal implications of a hard fork, forcing a community of investors to accept an incompatible change to the technology they invested in.

If BU succeeds, every Bitcoin holder can probably sue them for their losses.

This is not how Bitcoin works, miners are free to mine whatever they want, investors who just invested and holding can only choose when to sell, so no change for them. If it worked as you claim, Core could be sued for crippling the Bitcoin because many who own Bitcoin cannot use it anymore.

There are implications. If I invest in Euro, the fund manager can not convert the fund to Yen. That is not what I invested in, and that is not what I was promised in return for my investment.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin unlimited
by
corebob
on 02/04/2017, 14:56:39 UTC
I've had enough of a blood drunk Roger Ver slaughtering hes own offspring, and I'm out of popcorn too.

The developers should just apply SegWit like they normally would and move on.

Let Jihan have hes fork. Be it an involuntary one.

Its up to the developers ? 


Of course it is. The core developers can just apply SegWit to their software if they want
Post
Topic
Board Bitcoin Discussion
Re: things are reaching a boiling point
by
corebob
on 02/04/2017, 14:46:54 UTC
I wonder if BU is aware of the legal implications of a hard fork, forcing a community of investors to accept an incompatible change to the technology they invested in.

If BU succeeds, every Bitcoin holder can probably sue them for their losses.

cool story.

can i sue Blockstream if Bitcoin loses marketshare to Ethereum
due to the high fees they are promoting?


No, they are not changing the commodity, and they are open about what they are doing.

From what I hear, there could be legal implications to pool mining as well
Post
Topic
Board Bitcoin Discussion
Re: things are reaching a boiling point
by
corebob
on 02/04/2017, 14:32:54 UTC
I wonder if BU is aware of the legal implications of a hard fork, forcing a community of investors to accept an incompatible change to the technology they invested in.

If BU succeeds, every Bitcoin holder can probably sue them for their losses.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin unlimited
by
corebob
on 02/04/2017, 14:19:33 UTC
I've had enough of a blood drunk Roger Ver slaughtering hes own offspring, and I'm out of popcorn too.

The developers should just apply SegWit like they normally would and move on.

Let Jihan have hes fork. Be it an involuntary one.
Post
Topic
Board Bitcoin Discussion
Re: Fuck: SegWit, LN, Blockstream, Core, Adam Back, and GMazwell
by
corebob
on 26/03/2017, 19:54:34 UTC
The protocol should be neutral to a 2nd layer, and I expect competition between several second layer networks over fees.
Even better, low end users should be able to participate by running LN nodes, getting a cut of the fees.

That's what I expect from this, and that's why I support SegWit

...removed rant...

blockstream get the 1sat's per payment.

even funnier part is LN has fixed the fee at % of amount.(which actually limits how many transactions you can make offchain)
EG if 1%= 100 payments and literally your money is gone in mostly fee's

Sounds like a failure, which would be fine with me. I don't want anything to do with a coin that can not avoid cartels at lowest (central bank) layer.
If they can't provide a needed and useful service, they can and should be replaced.
That's basically it.
Post
Topic
Board Bitcoin Discussion
Re: Fuck: SegWit, LN, Blockstream, Core, Adam Back, and GMazwell
by
corebob
on 26/03/2017, 17:33:08 UTC
...LN...

Let them do it fairly and with free market dynamics, not unfair advantage of influence over
the core repo and intentionally stunting growth on the first layer, which is exactly what they've been doing.


The protocol should be neutral to a 2nd layer, and I expect competition between several second layer networks over fees.
Even better, low end users should be able to participate by running LN nodes, getting a cut of the fees.

That's what I expect from this, and that's why I support SegWit
Post
Topic
Board Bitcoin Discussion
Re: Craig Wright's Agenda
by
corebob
on 02/05/2016, 15:30:31 UTC
... why is this guy doing this?

Copyrights.

He better not be Satoshi.
Post
Topic
Board Economics
Re: Satoshi Nakamoto has been nominated to receive Nobel Prize in 2016
by
corebob
on 06/11/2015, 23:59:41 UTC
God is Satoshi!
Post
Topic
Board Service Discussion
Re: No longer able to buy from Circle.com
by
corebob
on 16/10/2014, 22:18:30 UTC
Tried to buys some btc this afternoon and found that I no longer could.

When they launched I registered an account and linked my debit card to the account and was able to make a couple of purchases over the past two weeks. I then removed the card details in order to load another and found that I could no longer do that as only US cards and bank accounts are now allowed.

Anybody else experienced the same?

Hope this get sorted out quickly.

Hope this does not get sorted out ever. Bitcoin purchase against a reversible payment method is NOT a sustainable business model. They created a craze with this which is now calming down as expected.

p.s. Bitcoin is supposed to replace credit card in international transactions. Not to be traded against it.

Well said.

Unfortunately, a lot of newcomers seems to think they need someone else to take them to the moon.
Bitcoin is not about the moon, it never was. The moon has nothing to do with it.
Bitcoin is here. Now.
Post
Topic
Board Off-topic
Re: Bitcoin is satanic and Satoshi is lucifer! My uncle claims!
by
corebob
on 16/10/2014, 14:20:26 UTC
There is a big flaw in your uncles logic.
When I get this right, he thinks, that satan is working in the shadows, that's why Satoshis identity will never be revealed.
But bitcoin is as open as anything could be. How does that mix?

No he just said satan(satoshi in this case) would not reveal himself! I think the open nature of blockchain need not be confused with this
Its not that he doesn't want to reveal himself, but you have to be a Borg in order communicate with him
Post
Topic
Board Bitcoin Discussion
Re: The Blockchain
by
corebob
on 15/10/2014, 20:56:32 UTC
The miners keep a full chain and I believe they would keep the network functional, that said, I believe full nodes help a lot in making the network more efficient at validating transactions and securing a strong majority, which is key.

I also believe solutions has been proposed that will allow people to participate without having the entire block chain, it just hasn't been a priority.
Post
Topic
Board Bitcoin Discussion
Resistance is futile
by
corebob
on 15/10/2014, 16:58:01 UTC
Resistance is futile, the block chain is on its way

Post
Topic
Board Bitcoin Discussion
Re: Why Bitcoin Fans Don’t Believe in Bad News
by
corebob
on 10/10/2014, 17:42:35 UTC
How about the more obvious reasons, like the financial "crisis", bailouts, bankers that seems immune to common laws, lying and corrupt politicians, high taxes and duties, concentration of power, expensive transfer of money, secret trade agreements, rigged markets and last but not least, the revolutionary technology that underpins Bitcoin?

For my own part, it is the Bitcoin technology that makes all the hype in the world seem irrelevant.

Also, its not without reason that governments all over the world is rushing to regulate this strange new thing.
Post
Topic
Board Bitcoin Discussion
Re: Very interesting points on Bitcoin by a great Economist
by
corebob
on 10/10/2014, 14:01:54 UTC
A lot of what he says about Bitcoin is 100% true
Schiff is the typical North American, all kinds of stuff keeps pooring out of he's mouth. Bits and pieces is guaranteed to appear "right" when seen in hinesight
Post
Topic
Board Skandinavisk
Re: [ANN] Justcoin · Norges første Bitcoin-exchange
by
corebob
on 09/10/2014, 18:14:15 UTC
Jeg tok ut det jeg hadde stående der, de ser ikke mer til meg. Tenkte jeg skulle gå tilbake til localbitcoins men det er problemer der også.
Noen som vet hvor man kan kjøpe bitcoins?
Eg held framleis til på IRC, og det er haugevis av børsar i utlandet.  Lurer veldig på sjølv kva som har skjedd med Justcoin, og kvifor dei er so tause.  Såg det var ein handel der nettopp.
Ja, veldig dårlig tidspunkt for meg, men jeg fikk localbitcoins til å virke nå, har allerede lagt inn et kjøp
Post
Topic
Board Skandinavisk
Re: [ANN] Justcoin · Norges første Bitcoin-exchange
by
corebob
on 09/10/2014, 17:31:07 UTC
Tenkte jeg skulle gå tilbake til localbitcoins men det er problemer der også.
Noen som vet hvor man kan kjøpe bitcoins?
Post
Topic
Board Skandinavisk
Re: [ANN] Justcoin · Norges første Bitcoin-exchange
by
corebob
on 08/10/2014, 17:23:43 UTC
Justcoin er nede her også...