Great rant thread by @[email protected] on meaningless price predictions ⬇️⬇️⬇️
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RT @[email protected]
Price predictions are a pet peeve of mine. No offense to @BitfuryGeorge, of course. A lot of people are doing it. The reason why they annoy me so much is that, IMO, the value of Bitcoin has nothing to do with the price of Bitcoin. twitter.com/BitfuryGeorge/stat
twitter.com/kallewoof/status/1

RT @[email protected]
I’m not sure that is health and Safety approved.

Relative time locked output vs relative lock time:

"This coin can't be spent until it has 1000 confirmations"
vs
"This tx can't be confirmed until the output spent by this input has 1000 confirmations, but the coin it's spending can be spent by some other tx at any time".

What's the lower limit on the target change factor (>=1/4) for? Is it to limit the effect of a DoS attack where a single entity adds eg 13x the total hash rate during one day (1 retarget period) and then turns it off? ping @[email protected]

Today I brought home 100kg of meat. Half a bull.

RT @[email protected]
If central banks buy debt & equity to avoid a crash, markets will have a bigger crash once CBs stop buying. As CBs can't let markets crash, they can't stop buying. The only other possible outcome is complete nationalization & centralized credit allocation m.theepochtimes.com/are-centra

RT @[email protected]
Pro tip spree on the fascinating and deceptively complex task of asking someone (knowledgeable) for help on an issue/error/problem of yours:

People are natural problem solvers. You can take advantage of this by making the right preparations and asking the right questions.

RT @[email protected]
About time someone spoke truth to power.

Long Bitcoin, Short the Bankers!

I love this guy.
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RT @[email protected]
I could gloat about Bitcoin collapsing 10% in a day to $5700. But that is still some way to ZERO where Bitcoin belongs. Actually since Bitcoin is The Mother of All Toxic Pollutions & Environmental Disasters its true fair value is highly NEGATIVE with the right externality tax
twitter.com/Nouriel/status/106

Deal of the Day November 12: Half off my book Grokking Bitcoin. Use code dotd111218au at bit.ly/2FdHxxG

RT @[email protected]
No one has found the bottom of the Bitcoin rabbit hole.

RT @[email protected]
The real reason major economists are offended at Bitcoin's success is because its existence implies they are wrong.

Bitcoin is an affront to their ego.

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