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Is anyone else starting to become a bit worried? mod note in first post

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Comments

  • Registered Users, Registered Users 2 Posts: 1,303 ✭✭✭sexmag


    The dude is the vision I have of most canny crypto day traders. Men with greasy hair, unkempt beards, smoke copious amounts of jazz fags, spent most of their lives lounging around at home in bathrobes and posting online about lambos and coins going to the moon.

    For the first time in over a year I was talking to a relative who is quite wealthy,like 8 figures rich and surprisingly he told me he was invested in crypto when I brought it up, took me buy surprise as i thought the volatility of it isn't worth investment from the mega rich but nope he said he's still in,buying the dips and some are performing better than others but ultimately he's optimistic about crypto in the long run and has plans to integrate some in his business's, has a person whom he consults about coins as he doesn't have time to review them himself all the time.

    Was quite odd but he doesn't fit the description above thats for sure


  • Moderators, Society & Culture Moderators Posts: 15,786 Mod ✭✭✭✭smacl


    What’s a rat? Never heard of the phrase before.



  • Registered Users, Registered Users 2 Posts: 2,148 ✭✭✭Ger Roe


    sexmag wrote: »
    has a person whom he consults about coins as he doesn't have time to review them himself all the time.

    I knew someone like that, shrewd business man but his speculative interest of choice was stamps. He too had an advisor who pointed him in the right direction to build up a strong investment portfolio of albums - that in the end turned out to be worth nothing like they both expected.

    Here's the thing I don't get with crypto currencies. In order to be a currency, items we pay with have to be trusted by those that use them and they have to be of a known value (within acceptable up/down exchange limits as with current coinage).

    How then can bitcoin etc ever be a currency when no one knows what value it will be worth tomorrow as it's up/down limits are unbounded?. How could we ever be in a position to set a price for anything under those conditions?

    It may be an attractive, high risk investment opportunity (like stamps, ming vases etc), but how can it be used as a currency in the everyday sense of being acceptable for use in daily transactions?

    I just don't get it......


  • Moderators, Society & Culture Moderators Posts: 15,786 Mod ✭✭✭✭smacl


    Ger Roe wrote: »
    It may be an attractive, high risk investment opportunity (like stamps, ming vases etc), but how can it be used as a currency in the everyday sense of being acceptable for use in daily transactions?

    It will take time, many iterations, and one or more highly stable coins for this to take place. I think comparing where we are today with where we'll end up is akin to comparing an Apple Newton to an iPhone. It is worth noting that the above transition took about 30 years, and that cryptocurrency is still very far from a mature technology. Bitcoin and crypto are about ten years old, I'd fully expect another ten years to pass before crypto is truly ubiquitous. Could be sooner, but I'm not hodling my breath ;)


  • Banned (with Prison Access) Posts: 1,648 ✭✭✭Autochange


    smacl wrote: »
    It will take time, many iterations, and one or more highly stable coins for this to take place. I think comparing where we are today with where we'll end up is akin to comparing an Apple Newton to an iPhone. It is worth noting that the above transition took about 30 years, and that cryptocurrency is still very far from a mature technology. Bitcoin and crypto are about ten years old, I'd fully expect another ten years to pass before crypto is truly ubiquitous. Could be sooner, but I'm not hodling my breath ;)

    Stop thinking about crypto as mainstream currency alternative. Think more about the use of blockchain for buisness and the IOT which we will see more and more of going forward.

    There is still a misunderstanding


  • Moderators, Society & Culture Moderators Posts: 15,786 Mod ✭✭✭✭smacl


    Autochange wrote: »
    Stop thinking about crypto as mainstream currency alternative. Think more about the use of blockchain for buisness and the IOT which we will see more and more of going forward.

    There is still a misunderstanding

    Not instead of, as well as. I'm well aware of both and think that other uses of blockchain will deliver value in advance of cryptocurrency. This doesn't mean that cryptocurrency won't ever become mainstream.


  • Banned (with Prison Access) Posts: 1,648 ✭✭✭Autochange


    smacl wrote: »
    Not instead of, as well as. I'm well aware of both and think that other uses of blockchain will deliver value in advance of cryptocurrency. This doesn't mean that cryptocurrency won't ever become mainstream.

    It won't.


  • Registered Users Posts: 1,913 ✭✭✭Pintman Paddy Losty


    Autochange wrote: »
    While all of the rats get up a 6am for 12 hour days.

    Yes the "rats" get up each day, work hard, have meaningful relationships, families. When I make my investments I think about how it's going to look after my children's education and future.

    I'm an adult. Not an overgrown man child buying sh1tcoins, dreaming of lambos and masturbating all day.


  • Registered Users, Registered Users 2 Posts: 6,026 ✭✭✭grindle


    sexmag wrote: »
    Was quite odd but he doesn't fit the description above thats for sure

    Out of everybody I know who's bought in only one fits his description (minus the jazz fags) and he is a classic NEET 4chan sperg.

    Out of the others we have:
    1 garda
    1 gym manager
    1 "luxury installation specialist"
    1 product owner
    1 owner of a large software company in NL
    1 tycoon's son
    1 craft beer offie owner
    4 or 5 web devs


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  • Banned (with Prison Access) Posts: 1,648 ✭✭✭Autochange


    Yes the "rats" get up each day, work hard, have meaningful relationships, families. When I make my investments I think about how it's going to look after my children's education and future.

    I'm an adult. Not an overgrown man child buying sh1tcoins, dreaming of lambos and masturbating all day.

    Woah. If you don't like your job you can change it


  • Moderators, Society & Culture Moderators Posts: 15,786 Mod ✭✭✭✭smacl


    Autochange wrote: »
    It won't.

    Why so? Technical grounds or resistance from established financial institutions? If (and I know it is a big if) the likes of Tether was robust, it would significantly stabilise cryptocurrency. Of the IOT uses, one already being rolled out is micropayments for electricity top ups on electric cars, so it appears definite that it will be a specific financial instrument in the short term. I can't think why it wouldn't become a more generalised one in the longer term.


  • Banned (with Prison Access) Posts: 1,648 ✭✭✭Autochange


    smacl wrote: »
    Why so? Technical grounds or resistance from established financial institutions? If (and I know it is a big if) the likes of Tether was robust, it would significantly stabilise cryptocurrency. Of the IOT uses, one already being rolled out is micropayments for electricity top ups on electric cars, so it appears definite that it will be a specific financial instrument in the short term. I can't think why it wouldn't become a more generalised one in the longer term.

    I think resistance from already established financial institutions will be the reason. Also the repeated thefts from exchanges and periodic news emerging about how BTC is used for crime and how volatile the price can be. To the general public it just screams scam or pyramid scheme.

    Check out Vechains announced with Chinese electric vehicle manufacturer byd. They plan a token system in the name of carbon credits. Nice idea but it's still a niche market at the minute.

    I can't see the like of Bitcoin becoming a currency but blockchain uses , smart contracts and the internet of things is where it's at in my opinion.
    But what do I know


  • Moderators, Society & Culture Moderators Posts: 15,786 Mod ✭✭✭✭smacl


    Autochange wrote: »
    I think resistance from already established financial institutions will be the reason. Also the repeated thefts from exchanges and periodic news emerging about how BTC is used for crime and how volatile the price can be. To the general public it just screams scam or pyramid scheme.

    Check out Vechains announced with Chinese electric vehicle manufacturer byd. They plan a token system in the name of carbon credits. Nice idea but it's still a niche market at the minute.

    I can't see the like of Bitcoin becoming a currency but blockchain uses , smart contracts and the internet of things is where it's at in my opinion.
    But what do I know

    You could well be right. To my mind the wild west period will be finite and the technology will become increasingly mainstream. If this happens, and the demand for a decentralised mechanism for storing and exchanging value is still strong, we'll see it happening. I don't see the problem being the financial institutions so much as the governments who have difficulty charging tax in this scenario.


  • Banned (with Prison Access) Posts: 1,648 ✭✭✭Autochange


    smacl wrote: »
    You could well be right. To my mind the wild west period will be finite and the technology will become increasingly mainstream. If this happens, and the demand for a decentralised mechanism for storing and exchanging value is still strong, we'll see it happening. I don't see the problem being the financial institutions so much as the governments who have difficulty charging tax in this scenario.

    I would count the financial institutions and the government as one to be honest


  • Registered Users, Registered Users 2 Posts: 1,303 ✭✭✭sexmag


    I'm an adult. Not an overgrown man child buying sh1tcoins, dreaming of lambos and masturbating all day.

    Have you any evidence to support this claim that 1. You are an adult and not an over grown man child and 2. That the cryptocurrency subculture is just people buying sh!tcoins,dreaming of lambos and masturbating all day?


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  • Banned (with Prison Access) Posts: 1,648 ✭✭✭Autochange


    sexmag wrote: »
    Have you any evidence to support this claim that 1. You are an adult and not an over grown man child and 2. That the cryptocurrency subculture is just people buying sh!tcoins,dreaming of lambos and masturbating all day?

    Twas on rte sure


  • Registered Users Posts: 1,913 ✭✭✭Pintman Paddy Losty


    Autochange wrote: »
    Woah. If you don't like your job you can change it


    Very happy in my job, kiddo. I run a highly successful construction supply business. Have a healthy portfolio of traditional investments for the future.


    sexmag wrote: »
    Have you any evidence to support this claim that 1. You are an adult and not an over grown man child and 2. That the cryptocurrency subculture is just people buying sh!tcoins,dreaming of lambos and masturbating all day?


    1. Yes.


    2. Lots of material which supports my viewpoint. Look at youtube crypto analysts, reddit, telegram groups. Ample evidence to support my viewpoint.


  • Registered Users, Registered Users 2 Posts: 1,303 ✭✭✭sexmag


    1. Yes.


    2. Lots of material which supports my viewpoint. Look at youtube crypto analysts, reddit, telegram groups. Ample evidence to support my viewpoint.

    Please supply links this isn't a treasure hunt


  • Registered Users Posts: 1,913 ✭✭✭Pintman Paddy Losty


    sexmag wrote: »
    Please supply links this isn't a treasure hunt


    As people on the scene love to say...DYOR


  • Banned (with Prison Access) Posts: 1,648 ✭✭✭Autochange


    As people on the scene love to say...DYOR

    So no evidence then?


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  • Registered Users Posts: 1,913 ✭✭✭Pintman Paddy Losty


    Excellent post Johnny. Very good points within.


  • Banned (with Prison Access) Posts: 1,648 ✭✭✭Autochange


    I've been a keen observer of this space for quite some time now, and would consider myself quite the expert at this stage. Many of the investors in crypto are guilty of deep cognitive bias, and seek confirmation about their investment decisions by reading heavily manipulated news sources - most often written by others either sharing the same bias, or who have a vested interest in portraying good news about the space. I'd also like to point out that Forbes is no longer a reliable source of news - it has decided to proceed with a model where contributors can pay them to publish an article on their site.

    https://www.economist.com/leaders/2018/08/30/bitcoin-and-other-cryptocurrencies-are-useless

    It's good to see some sort of separation between the underlying technology, and the glut of spurious and suspicious coin offerings that made the headlines in 2017. One should be very, very skeptical of blockchain as a technology as well though. This is a deeply inefficient database structure that uses grotesque amounts of electricity. Proof of Work just is not sustainable.

    https://www.economist.com/the-economist-explains/2018/07/09/why-bitcoin-uses-so-much-energy

    https://digiconomist.net/bitcoin-energy-consumption

    This means that Bitcoin cannot be used as a currency. So that leaves a store of value. But it fails at that too, because of massive manipulation. Tether is the most outrageous one, but Binance, Bitmex, and other shady exchanges are also engaging in wholesale wash trading, painting the tape, spoofing, and closing down margin positions.

    So we are left with other proofs. Only we haven't seen them yet. Ethereum have been promising proof of stake for two years now, but there's nothing concrete emerging. Other coins such as Ripple and IOTA aren't decentralised at all - they effectively run their own network. IOTA is seen as the great white hope among some of its disciples, yet it appears to be one of the most shambolic coins of them all - the tangle is failing to validate transactions, they've written their own cryptographic functions that are the laughing stock of academics, they control the entire coordination network, their protocol can never be used on true IoT devices, so will have to delegate to a controller etc.

    Finally, it's a bit tongue in cheek, but a photo to answer Paddy's post.

    6dH3obi.png

    Well written post to be fair. Balanced and accurate.

    Can you write a critique of vechain if you are up to date with their latest activity?
    It's only one of a few I believe in and would like to hear an opinion which is again balanced most importantly.


  • Registered Users Posts: 1,913 ✭✭✭Pintman Paddy Losty


    No problems, man. I've not read much into that coin, so DYOR as well. I won't do it today though - have the trousers on, and just about to head out the door for a dozen pints of stout. I've a lip on me for beer today like you wouldn't believe.


    Likewise Johnny. I'm heading down to Galway for a stag with the lads! I'll be hoovering back the guinness in jig time. I only got the pass for 1 day so I'll make the most of it. Might visit a lady of the night later on too.


  • Banned (with Prison Access) Posts: 1,648 ✭✭✭Autochange


    Likewise Johnny. I'm heading down to Galway for a stag with the lads! I'll be hoovering back the guinness in jig time. I only got the pass for 1 day so I'll make the most of it. Might visit a lady of the night later on too.

    You dirty bastard.

    Edit. Forgot to write lucky dirty bastard


  • Registered Users, Registered Users 2 Posts: 14,350 ✭✭✭✭SteelyDanJalapeno


    I've been a keen observer of this space for quite some time now, and would consider myself quite the expert at this stage. Many of the investors in crypto are guilty of deep cognitive bias, and seek confirmation about their investment decisions by reading heavily manipulated news sources - most often written by others either sharing the same bias, or who have a vested interest in portraying good news about the space. I'd also like to point out that Forbes is no longer a reliable source of news - it has decided to proceed with a model where contributors can pay them to publish an article on their site.

    https://www.economist.com/leaders/2018/08/30/bitcoin-and-other-cryptocurrencies-are-useless

    It's good to see some sort of separation between the underlying technology, and the glut of spurious and suspicious coin offerings that made the headlines in 2017. One should be very, very skeptical of blockchain as a technology as well though. This is a deeply inefficient database structure that uses grotesque amounts of electricity. Proof of Work just is not sustainable.

    https://www.economist.com/the-economist-explains/2018/07/09/why-bitcoin-uses-so-much-energy

    https://digiconomist.net/bitcoin-energy-consumption

    This means that Bitcoin cannot be used as a currency. So that leaves a store of value. But it fails at that too, because of massive manipulation. Tether is the most outrageous one, but Binance, Bitmex, and other shady exchanges are also engaging in wholesale wash trading, painting the tape, spoofing, and closing down margin positions.

    So we are left with other proofs. Only we haven't seen them yet. Ethereum have been promising proof of stake for two years now, but there's nothing concrete emerging. Other coins such as Ripple and IOTA aren't decentralised at all - they effectively run their own network. IOTA is seen as the great white hope among some of its disciples, yet it appears to be one of the most shambolic coins of them all - the tangle is failing to validate transactions, they've written their own cryptographic functions that are the laughing stock of academics, they control the entire coordination network, their protocol can never be used on true IoT devices, so will have to delegate to a controller etc.

    Finally, it's a bit tongue in cheek, but a photo to answer Paddy's post.

    6dH3obi.png

    Nice post!

    Amazing how you've gone from being as thick as 2 planks to an expert in less than 3 week! Bravo
    I’m as thick as two short planks so it’s mighty to get a vote of confidence like that from a smart bucko such as yourself.


  • Registered Users Posts: 1,913 ✭✭✭Pintman Paddy Losty


    Nice post!

    Amazing how you've gone from being as thick as 2 planks to an expert in less than 3 week! Bravo

    I think everyone knows Johnny is being self deprecating when he refers to himself as thick. He's a very smart cookie as far as I can see. Very incisive look at the crypto scene in those last two posts


  • Moderators, Society & Culture Moderators Posts: 15,786 Mod ✭✭✭✭smacl


    I've been a keen observer of this space for quite some time now, and would consider myself quite the expert at this stage.

    Delighted to hear about your new found expertise Johnny. Back when you were still as thick as two short planks, I seem to remember you were directed by a mod not to post here again until you addressed points previously raised, yet here you are again wittering on about Tether, PoW energy costs and crime. What gives?


  • Registered Users Posts: 1,913 ✭✭✭Pintman Paddy Losty


    smacl wrote: »
    Delighted to hear about your new found expertise Johnny. Back when you were still as thick as two short planks, I seem to remember you were directed by a mod not to post here again until you addressed points previously raised, yet here you are again wittering on about Tether, PoW energy costs and crime. What gives?

    Going to tell teacher. Terrible form.


  • Moderators, Society & Culture Moderators Posts: 15,786 Mod ✭✭✭✭smacl


    Fake news, as Donald Trump would say.

    Right so Johnny. We're to judge the veracity your sources and attendant commentary right up there with the Don then? No offence but that doesn't make your arguments seem any more credible.
    Now I’m just about to crack the head open on a 5th pint of Uncle Arthur’s magic medicine, so I’ll leave it at that.

    Enjoy! Sipping a porter myself as it happens though five by 6:30 is going it some even for a Saturday.


  • Registered Users Posts: 1,913 ✭✭✭Pintman Paddy Losty


    Great to see both sides of the crypto divide agree on the merits of putting away pints of the black elixir. Slainte!


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  • Moderators, Society & Culture Moderators Posts: 15,786 Mod ✭✭✭✭smacl


    Great to see both sides of the crypto divide agree on the merits of putting away pints of the black elixir. Slainte!

    Slainte Paddy, enjoy your few scoops.


  • Registered Users, Registered Users 2 Posts: 5,760 ✭✭✭el diablo


    Likewise Johnny. I'm heading down to Galway for a stag with the lads! I'll be hoovering back the guinness in jig time. I only got the pass for 1 day so I'll make the most of it. Might visit a lady of the night later on too.

    Don't forget to double bag it. ;)

    We're all in this psy-op together.🤨



  • Closed Accounts Posts: 4,791 ✭✭✭JJJJNR


    Computer science will make the blockchain work, the cracks are there but that is all part of the process.

    Innovation from the likes of bittube, which pay content creators and viewers in $tube and others taking advantage of the ipfs. Blockchain is in its earliest days.


  • Registered Users, Registered Users 2 Posts: 5,760 ✭✭✭el diablo


    Boom. Looks like we're heading for sub $6k and maybe sub $5k BTC. ETH getting slaughtered. Now at $190.

    We're all in this psy-op together.🤨



  • Registered Users, Registered Users 2 Posts: 1,829 ✭✭✭tcawley29


    I've been thinking about buying a bitcoin if it does hit $4k. Is it mad or does it make sense. I'm on the fence but leaning on doing it


  • Registered Users, Registered Users 2 Posts: 1,827 ✭✭✭ballyharpat


    tcawley29 wrote: »
    I've been thinking about buying a bitcoin if it does hit $4k. Is it mad or does it make sense. I'm on the fence but leaning on doing it

    I'll be waiting till it hits $1000, then I'll think about it.......


  • Registered Users, Registered Users 2 Posts: 988 ✭✭✭brendanwalsh


    Sitting back tonight now, cold beer in hand, UFC on the box and a fresh steak on the plate after another healthy slaughter. Can't believe the sheep are still being fattened up and fed to the butchers and bears. The crypto secret is over lads. Sorry to break the news that nobody who invested this year will becoming wealthy off it.


  • Registered Users, Registered Users 2 Posts: 5,760 ✭✭✭el diablo


    Sitting back tonight now, cold beer in hand, UFC on the box and a fresh steak on the plate after another healthy slaughter. Can't believe the sheep are still being fattened up and fed to the butchers and bears. The crypto secret is over lads. Sorry to break the news that nobody who invested this year will becoming wealthy off it.

    I've no doubt that BTC will eventually surpass its all time high again.
    Might be a good time for Brendan, Pogde and Rodge to consider entering the market. :cool:

    We're all in this psy-op together.🤨



  • Registered Users, Registered Users 2 Posts: 6,026 ✭✭✭grindle


    Going to tell teacher. Terrible form.

    Calling somebody out as a snitch when they're in the right?
    The mentality and tactics of teenaged bullies and assorted lowlifes worldwide. You're better than that, surely? Must've been the pints talking. Maybe the prozzie started posting for you.
    So we are left with other proofs. Only we haven't seen them yet. Ethereum have been promising proof of stake for two years now, but there's nothing concrete emerging.
    Ye have this thing where ye think crypto is in development stasis. It isn't, it's just slower than normal software development which is in itself quite slow but less likely to devastate when bugs appear. Normal software constantly gets released with bugs that infuriate users on the regular. If that happened consistently with a blockchain people would lose their shít. e.g. Parity's bugged contracts. ETH has taken multiple hits for bugs in a separate project's code and people like ye and the less informed within crypto start speaking in tongues, garbling nonsense.

    PoS is coming, it doesn't matter if it takes a bit longer to land than anybody wishes as long as it works and is safe. Hopefully PoW dies out and all that power gets diverted to useful tasks.

    You saying "Yeah, they say it's coming but it isn't here yet" holds as much weight as some naysayer doubting electric vehicles for the past 15-20 years. It was clear change was coming, just a matter of when it would come and how the lobbyists would react. They've done a great job suppressing them until recently.

    What's the motivation either of ye have for wanting broken code to be released? Oh, yeah, "Ponzi/pyramid/scam!"
    Nice, very constructive criticism and helpful logic, ye should work as OSS devs. :rolleyes:
    Do you think if you were in a dev meeting where they were discussing the security and economic implications of committing certain code that screeching "Scam! Publish the code immediately! PoW unsustainable, release the unfinished PoS update!" would carry any weight? Because you keep demanding it like a babby demands a tit, you keep doing it...again...and again...and again...
    It doesn't become more constructive at any point, it's just repetitive inane horseshít that's bound by whatever arbitrary rules and timescales ye've made up in your unfathomably identical heads. Ethereum devs see the same problems as you and try to fix them, you two see the problems and say "Not instantly working, won't work, can't work, lalalalallaaaaaalalalala!"
    It reminds me of my dad's misgivings about autonomous cars. No long term view at all, no concept of the multiple iterations needed to progress.


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  • Registered Users, Registered Users 2 Posts: 10,905 ✭✭✭✭Bob24


    el diablo wrote: »
    I've no doubt that BTC will eventually surpass its all time high again.
    Might be a good time for Brendan, Pogde and Rodge to consider entering the market. :cool:

    I would not say I have no doubt it will, but yeah it definitly is a possibility.

    What’s interesting to see is that in the past couple of weeks every time bitcoin drops, on average altcoins drop more, and every time bitcoin bounces back on average altcoins boucnces as well but not as much. So slowly but surely bitcoin is regaining its dominance regardless of the overall market going up or down.


  • Banned (with Prison Access) Posts: 1,648 ✭✭✭Autochange


    Sitting back tonight now, cold beer in hand, UFC on the box and a fresh steak on the plate after another healthy slaughter. Can't believe the sheep are still being fattened up and fed to the butchers and bears. The crypto secret is over lads. Sorry to break the news that nobody who invested this year will becoming wealthy off it.

    Did you invest?


  • Moderators, Society & Culture Moderators Posts: 15,786 Mod ✭✭✭✭smacl


    Bob24 wrote: »
    I would not say I have no doubt it will, but yeah it definitly is a possibility.

    What’s interesting to see is that in the past couple of weeks every time bitcoin drops, on average altcoins drop more, and every time bitcoin bounces back on average altcoins boucnces as well be not as much. So slowly but surely bitcoin is regaining its dominance regardless of the overall market going up or down.

    With ETH going so low, I'd probably be more tempted to take a punt on it, or one of the other more promising alts, than BTC. If BTC is still PoW when and if other coins in active use transition to PoS it could very well end up as a dead duck. For me at this point it is a wait and see game.


  • Registered Users, Registered Users 2 Posts: 10,905 ✭✭✭✭Bob24


    smacl wrote: »
    With ETH going so low, I'd probably be more tempted to take a punt on it, or one of the other more promising alts, than BTC. If BTC is still PoW when and if other coins in active use transition to PoS it could very well end up as a dead duck. For me at this point it is a wait and see game.

    Well yes IMO it still is a huge gamble no matter what. Most of the current coins will end up as dead ducks (could even be all of them although I think a few will survive).

    For the current use (speculation / store of value) i am not sure technology is that relevant and what matter seems to be just market sentiment and being established as a brand (which bitcoin is currently consolidating).

    Hard to tell how the landscape will evolve, but I’d still say while it could indeed die bitcoin is the safer bet simply because it is established as the crypto everyone knows.


  • Registered Users Posts: 1,913 ✭✭✭Pintman Paddy Losty


    I see JohnnyFlash has been banned. I hope the little squealers here are happy. Unable to argue with him you ratted and silenced him. Embarrassing stuff.


  • Registered Users, Registered Users 2 Posts: 6,026 ✭✭✭grindle


    I see JohnnyFlash has been banned. I hope the little squealers here are happy. Unable to argue with him you ratted and silenced him. Embarrassing stuff.

    "squealers"
    :rolleyes:

    He was requested by a mod to converse/debate/argue properly.
    He refused to, he kept regurgitating the same points while ignoring every point against them. Then he'd spew them again with a word or two changed whilst still ignoring what others have said. Then he'd repeat that same point he'd made earlier and abstain from making any meaningful response to another's viewpoint. Then he would reiterate the argument he'd made previously and yet again refrain when presented with the opportunity to present a counterpoint. Get the point?

    The prime culprits with an inability to argue are yourself and himself. Others have managed to present opposing viewpoints without coming across as extremely wilfully ignorant. They might not understand something, have it explained and then they go "Well, I dunno" or "Oh, I see" or "I don't see how X relates to Y".
    You two just bleat the same "Nothing here, no, scam, energy, Tether, shítcoin, waste" - you're right to be verrrrrrrrry sceptical about a lot of the stuff within crypto but most of your talking points are weak and being worked on.
    You run a construction supply business. Why aren't all of those buildings just magicked into reality? Why do I have to wait for some guy to go to your company, buy the materials he needs and then laboriously build the property?
    I mean, that property should just be built already. Somehow. With no effort. Or time spent. Who cares about the laws of physics and time?


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  • Registered Users Posts: 1,913 ✭✭✭Pintman Paddy Losty


    Very ironic that the crypto dudes here had to run to a central authority and squeal in order to have the opposition muted. Not very in line with the crypto ideology. How can any of you claim to want to be your own bank when you can't even be your own man. Laughable shameful stuff.


  • Registered Users, Registered Users 2 Posts: 1,333 ✭✭✭Dr Bolouswki


    I see JohnnyFlash has been banned. I hope the little squealers here are happy. Unable to argue with him you ratted and silenced him. Embarrassing stuff.

    You're right. His posts were constantly embarrassing. It's a public forum - he ratted and silenced himself.


  • Registered Users, Registered Users 2 Posts: 6,026 ✭✭✭grindle


    Very ironic that the crypto dudes here had to run to a central authority and squeal in order to have the opposition muted. Not very in line with the crypto ideology. How can any of you claim to want to be your own bank when you can't even be your own man. Laughable shameful stuff.

    Pathetic argument, a real groaner. I didn't report him so don't bother strawmanning - this is what I'm talk about btw, you're both incapable of addressing the points raised and try to deflect with some pithy bullying. Try to use your words.
    This forum isn't a part of the crypto ideology, nor is everybody in crypto interested in following the ideals or espousing them (most people with money in crypto I'd say). We're on boards' turf, supposed to play by boards.ie's rules (oh boards.ie gods, how I have failed ye many times!) and that's all there is to it.

    JF could have put some time into dissecting another person's argument at any point, he's been here for months. Some things I think he's right about like Tether and manipulation in general, other things... well, he's never bothered listening to and certainly never made any concession to any argument about any progression of any crypto at all, ever. Never. Not a one. He doesn't see any value in holding larger entities to account yet here in the real world we live in Paradoxland where those large entities themselves are seeing how it can improve their processes, reduce fraud, reduce overheads, improve traceability, etc etc.

    They know scaling is important, they know it's coming, they're patient and will use it when it advances enough. Years away, but it'll be happening. The gains far outweigh the short-term costs of shítcoin bagholders getting burned.

    Ye know scaling is important, ye act as if nobody ever mentioned it, ye're impatient and won't have any reason to use it ones it scales at a high level... unless some company comes along and offers a way to streamline some inefficiency in your own business or your bank can all of a sudden offer near-instant payments to your own suppliers or to you from your own customers.


  • Banned (with Prison Access) Posts: 1,648 ✭✭✭Autochange


    I see JohnnyFlash has been banned. I hope the little squealers here are happy. Unable to argue with him you ratted and silenced him. Embarrassing stuff.

    The mods are worse to do it. They were the ones that carried out the ban.

    If this thread turns into an echo chamber then im out.


  • Moderators, Society & Culture Moderators Posts: 15,786 Mod ✭✭✭✭smacl


    I see JohnnyFlash has been banned. I hope the little squealers here are happy. Unable to argue with him you ratted and silenced him. Embarrassing stuff.

    Embarrassing? From the guy who yo-yos from espousing family values while labelling pretty much everyone else here as fantasists and ****, to bragging about getting shítfaced and using prostitutes. While all the time failing to make any contribution to the subject under discussion. We're embarrassing? Seriously?
    Yes the "rats" get up each day, work hard, have meaningful relationships, families. When I make my investments I think about how it's going to look after my children's education and future.

    I'm an adult. Not an overgrown man child buying sh1tcoins, dreaming of lambos and masturbating all day.
    Likewise Johnny. I'm heading down to Galway for a stag with the lads! I'll be hoovering back the guinness in jig time. I only got the pass for 1 day so I'll make the most of it. Might visit a lady of the night later on too.


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