BTCOG

24 ms·

181.
by BTCOG 6y ago
This is neither projection, nor a deflection due to myself not being trustworthy and I find it strange that one would jump first to this. No, it's situational due to life experience lived. People can and do take advantage of systems, w
182.
by BTCOG 6y ago
Litecoin is literally a fork of Bitcoin with the hashing algo switched to Scrypt and made by Charlie Lee (which was hardened against ASICs mining) with a 4x supply release, and which ironically became mined primarily by custom Scrypt ASICs
183.
by BTCOG 6y ago
XMR has the Bitcoin core devs developing for it and it has nothing technologically "surpassing" Bitcoin. Bulletproofs for Monero were written by GMaxwell. Do all people on HackerNews outside of my own bubble also constantly speak
184.
by BTCOG 6y ago
People will ALWAYS cheat others given the chance, and especially when facing very little online repercussions. I am not sure who you were replying to here. I do live in a small community, I have relied on a few others for survival, and I ha
185.
by BTCOG 6y ago
Love that username! XD Yes, Ethereum has been working towards several long-tail projects for years. I think it's more important to distinguish that nothing good or important has come of Ethereum though, and that it is NOT money, and it
186.
by BTCOG 6y ago
These are all bubble scams.
187.
by BTCOG 6y ago
Bitcoin is used daily for paying real people money across the internet. You are in fact speculating on it's uses.
188.
by BTCOG 6y ago
It is an indication that in a free market, people are able to choose what works best while the forks and knockoffs prove that nobody believes in them, or that they are unsafe networks.
189.
by BTCOG 6y ago
I am not searching down all the whitepapers for you, if you truly want to learn then you will need to dig into the myriad mathematician's white papers against Proof of Stake. Here is one link, and you can find several more. https:&#x2
190.
by BTCOG 6y ago
This is precisely why those other chains are only imitators with no true value. The longest chain is bitcoin, and all the forks thereof are imitations that hold no value or network effect. This will always be the case when someone tries to
191.
by BTCOG 6y ago
Exactly. Although I do want to add that money can be both money, and a store of value. Gold, being the main primary example.
192.
by BTCOG 6y ago
Username doesn't check out with logic. Do you mean to tell me you just cannot understand why some people want money with total finality to use with anonymous people across a network? I mean, at this point I have no argument with you I
193.
by BTCOG 6y ago
Ethereum and Litecoin for example are far, far less secure than Bitcoin. The centralization of ETH will continue to increase, and mining hardware for Scrypt for Litecoin is nearly non existent in comparison.
194.
by BTCOG 6y ago
No, it has in fact been proven many times over in many research white papers to be fatally flawed and that's why no serious cryptocurrency would implement proof of stake.
195.
by BTCOG 6y ago
Instead, it shows your lack of knowledge on safety and security of a Proof of Work blockchain with the network effect behind it, vs Proof of Stake which is flawed and insecure all in general.
196.
by BTCOG 6y ago
And social media datacenters that are ruining democracy, causing thousands of suicides per year, using far more power, and causing plenty of mental illnesses/depression.
197.
by BTCOG 6y ago
Yes, they are astroturfing and socially manipulating false narratives as per usual with this site towards Bitcoin sentiment. There's no true discourse, as you'll notice anything said freely or positively about Bitcoin instantly is
198.
by BTCOG 6y ago
And look at us being downvoted into oblivion. CensoredNews. I fail to see how the comment sections here are at all real when it's blatantly apparent it's constantly manipulated and censored. You can't leave honest commentary
199.
by BTCOG 6y ago
So if Bitcoin uses 7-8% of the power of the global banking sector, how many people are being murdered by folks holding US dollars!? What an absolute joke. Who's funding these quack pseudoscientists, that's what needs to be determi
200.
by BTCOG 6y ago
I've actually read every single paper on Bitcoin, on Proof of Work, and on Proof of Stake I've ever found. I've been involved in Bitcoin since mid 2010. What is sad is that you wrote what you just did as if that dismisses me,
201.
by BTCOG 6y ago
You have many severely fundamentally misunderstood ideas about Bitcoin. Bitcoin is "money" and not a "currency." Bitcoin works very wonderfully as money. Bitcoin is not very wasteful in energy, contrary to the pushed nar
202.
by BTCOG 6y ago
Absolute lies. @ Jooster's parent comment. Furthermore, there are not "blockchains," there is one blockchain, and then there are a thousand or more scams trying ride Bitcoin's shoulders. They are entirely pointless syste
203.
by BTCOG 6y ago
This isn't surprising to me. What does boggle my mind, is that anyone would take their personal PC to any repair shop and allow strangers full access to their filesystem in the first place. What an odd and ignorant thing to do.
204.
by BTCOG 6y ago
This reminds me of a time about two years back where I smashed my iPhone screen dropping it without a case in a parking lot and I immediately needed it for 2FA and things so I took it directly to a phone repair shop. The guy there attempted
205.
by BTCOG 6y ago
This describes Walmart, Best Buy, Circuit City, Staples, etc or pretty much any low level retail job. I don't think any employer at all really gives a flying fuck about their employees though. You start making $70k+ and they seem to ca
206.
by BTCOG 6y ago
Do you typically just copy/paste the same comment on every Bitcoin article rather than think of nuanced commentary? Are you a part of ArcticBull's astroturfing campaign? Edit: I see that you've copy/pasted it once but so
207.
by BTCOG 6y ago
Funny how all voices of reason in the Bitcoin threads get downvoted into oblivion. I'm upvoting your posts to make them seen. Correct. Bitcoin Cash was a fork that tried to prove an incorrect point, and lost the fairest way possible. I
208.
by BTCOG 6y ago
@ArcticBull - Why would I ever want to make 100% ROI on a rigged stock market when I've made thousands of % in hard money?
209.
by BTCOG 6y ago
These people are all disingenuous actors. They know the point, but they want to flood all of these threads and act clueless. Bitcoin is digital gold, gold's replacement. It's been here for 12 years and yet, all these actors show u
210.
by BTCOG 6y ago
The USD and all the banks must really have some serious negative value if this farce is to be believed. What about automobiles? I won't go on, so tired of this phony narrative. Things cost electricity and money to create. Has anyone tr

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