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Posts | 2,841 |
Member Since | 1 Aug 2010 |
Last Visit | 28 Nov 2023 |
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Quote:It should be clear to people from a computer science background that blockchains have some inherent limitation and you can’t expect—in a time when it’s reached maximum adoption, where everybody’s cup of coffee or internet transactions, all of the shares and derivative transactions—these things to all fit on a blockchain. We would be saturating the Internet at that point.
There has to be a balance, right? So, if you want to scale Bitcoin, that’s good. And everybody wants to scale Bitcoin. But you can’t scale Bitcoin by just changing the block size parameters to a gigabyte or something ridiculous. Because, what would happen if you did that now is almost nobody would be able to validate it to receive a transaction. And there would end up being one or a handful of miners in a data center. And at that point you may just as well switch the mining off and sign the transactions and call it PayPal or something.
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The_Care_Bears wrote: Big Blockers are the Chiropractors or Bitcoin.[/quote]
First you go in and they crack your neck and back. Those are not your CHIROPRACTORS!!!!!!
3 sessions later they’re trying to sell you “vertebrae subluxation” pseudo science about how realignments cure you of all diseases.
Right now Bcash is kept alive by volatility trading bots...because no actual humans who are not brain dead could possibly swallow the sheer volume of excrement CSW produces.
It’s because they know raising the block limit as a scaling solution is bullshit and they must have other selling points established before the greater fool figures then out.
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Darkstar2 wrote: The only thing keeping BTC afloat are criminals ! Let's say things as they are..... The HYIP, online casinos and scams online have help boost its value and made people filthy rich. Eventually there will be a bubble and all this will come crashing down - People are going to lose big time - there is a sucker born every minute and as long as suckers keep fueling those btc scams online, they will stay alive, much like the bux site ponzi schemes kept alive by people who don't know any better.
Probably the biggest hoaxes out there belongs to the weight loss industry - what a bloody sham and disgrace of an industry rampant with snake oil and pill pushing merchants with their absolute ridiculous claims of fat burning this fat burning that, miracle weight loss miracle cure, miracle sh**. basically every garbage infomercial you see ont he telly is absolute and utter rubbish. and this industry accounts for billions of $, perhaps on par or even more than porn, with a close tie with the money making opportunity niche full of garbage and hype.
Nikorj wrote: Gambling sites are a big problem and way too many are getting addicted from them, And way to many are completely unregulated and a direct scam.
80% of all Danish Tv-commercials consists of Gambling/betting sites and loan companies, You'll need them when all of your money is gone.
Most of the loan companies are of course off-shore hiding somewhere in Malta/cyprus, Raking in cash with an annual percentage rate of up to 500-600% (They are even completely legit), They should be banned as they are no better than the gambling sites.
And christ, There are so many of them.
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Posts | 1,587 |
Member Since | 31 Mar 2007 |
Last Visit | 30 Aug 2021 |
Likes Given | 300 |
Likes Received | 803/488 |
Posts | 1,587 |
Member Since | 31 Mar 2007 |
Last Visit | 30 Aug 2021 |
Likes Given | 300 |
Likes Received | 803/488 |
The_Care_Bears wrote:Darkstar2 wrote: The only thing keeping BTC afloat are criminals ! Let's say things as they are..... The HYIP, online casinos and scams online have help boost its value and made people filthy rich. Eventually there will be a bubble and all this will come crashing down - People are going to lose big time - there is a sucker born every minute and as long as suckers keep fueling those btc scams online, they will stay alive, much like the bux site ponzi schemes kept alive by people who don't know any better.
Probably the biggest hoaxes out there belongs to the weight loss industry - what a bloody sham and disgrace of an industry rampant with snake oil and pill pushing merchants with their absolute ridiculous claims of fat burning this fat burning that, miracle weight loss miracle cure, miracle sh**. basically every garbage infomercial you see ont he telly is absolute and utter rubbish. and this industry accounts for billions of $, perhaps on par or even more than porn, with a close tie with the money making opportunity niche full of garbage and hype.
Not any decent criminal in his right mind would use Bitcoin.