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re: Official CryptoTalk Thread

Posted on 4/6/23 at 8:41 am to
Posted by 21JumpStreet
Member since Jul 2012
14654 posts
Posted on 4/6/23 at 8:41 am to
Richard is tenderfoot's number 1 news source.
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57457 posts
Posted on 4/6/23 at 9:56 am to
quote:

It all settles on the worlds most secure chain.
you mean the chain that has had 2 inflation bugs?
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57457 posts
Posted on 4/6/23 at 10:01 am to
quote:

With all due respect, you have absolutely no idea what you are talking about. I pray this is a troll.


while it might not be it is destroying the environment level issue, POW is EXTREMELY power hungry. To feed this power you have to burn fossil fuels.. The bad thing about BTC is you are constantly getting dumped on by the miners in your network. to pay for all this power, they have to sell to buy that power.

BTCmaxis are fun to talk to because the topic turn humorous very very fast. Its like talking to your grandpa.
This post was edited on 4/6/23 at 10:02 am
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 4/6/23 at 10:30 am to
And what did those bugs amount too?

You know why there was no crisis right?

And for the record, you don’t have to be a BTC maxi to acknowledge it’s the absurd uptime and security of the network.

The fact that you reference 2 bugs the network discovered via its design and fixed without ANY issue speaks volumes to your efforts to paint it in a negative light.

POW is more secure than POS period.

You can discuss the other qualities of POS and that is fine, but it doesn’t change how well thought out BTC is and continues to operate.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80782 posts
Posted on 4/6/23 at 10:51 am to
It’s the one thing Richard has been grossly wrong on
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57457 posts
Posted on 4/6/23 at 11:07 am to
quote:

And what did those bugs amount too?

a complet roll back of the chain...
quote:

fixed without ANY issue
some dude minted like 20 million BTC..... they had to roll the chain back. If that happens today with the magnifying glass on BTC it could be the biggest drop BTC ever.

quote:

POW is more secure than POS period.
a stick burner makes better BBQ than a charcoal/wood chuck fire or even a pellet smoker, but the difference isnt huge.... what is huge is the convenience of the 2.

when you get to the actual numbers of "more secure" you realize that the juice isnt worth the squeeze.







And lets back the frick up.... When did i ever say BTC wasnt more secure... and TTT you follow Richard.... What exactly has he been wrong about? He doesnt say BTC isnt secure... he says that BTC is perfect like Maxis preach. The inflation bugs happened.... and CAN happen again. Spaghetti code and all... youve heard it before.
This post was edited on 4/6/23 at 11:09 am
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80782 posts
Posted on 4/6/23 at 11:22 am to
Read the string I was replying to. My comment was around his views on bitcoin mining, energy use, and the environment. His view is flat out wrong on that in 2023. Maybe was once valid years ago but not anymore
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 4/6/23 at 11:31 am to
I know I know. The chain not even out yet (soon tm) will be perfect.
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57457 posts
Posted on 4/6/23 at 11:32 am to
quote:

y comment was around his views on bitcoin mining, energy use, and the environment. His view is flat out wrong on that in 2023.
how so? Mining BTC is power hungry..... It uses a ton of energy...... The main source of this is fossel fuels.....What is wrong/ or what has changed in 2023 that i dont know about?

Whether you believe the use of fossil fuels destroys the environment can be debated. But this is the exaggeration or the just to conclusion to send his argument home.

Saying this is just the same as Maxis saying BTC is the most secure. There's a lot of assumptions made in both statements.
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57457 posts
Posted on 4/6/23 at 11:33 am to
quote:

I know I know. The chain not even out yet (soon tm) will be perfect.


what are you talking about?

why are you deflecting?
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10405 posts
Posted on 4/6/23 at 11:43 am to
Bitcoin is .00000000001% more secure than ETH. A tin can in the ground is more secure than a bank, but I doubt you have any money buried in your back yard.

Bitcoin maxis only bring up security (a moot point) because Bitcoin has nothing else going for it. It's it's slow, it's expensive, it's antiquated technology.
Posted by I Love Bama
Alabama
Member since Nov 2007
37715 posts
Posted on 4/6/23 at 8:41 pm to
For someone to argue for POS over POW after everything we have seen really has smooth brain.

Posted by I Love Bama
Alabama
Member since Nov 2007
37715 posts
Posted on 4/6/23 at 8:46 pm to
quote:

Bitcoin maxis only bring up security



Liquidity: Bitcoin is more liquid than Ethereum, with higher trading volumes and more widespread availability on exchanges.

Decentralization: Bitcoin's blockchain is more decentralized than Ethereum's, with a more evenly distributed network of nodes and miners.


I probably own more ETH than anyone in this conversation and only hold it because i bought it for nothing. You can't compare anything to Bitcoin. It's the only one that is guaranteed to be around in 100 years.

Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57457 posts
Posted on 4/6/23 at 8:56 pm to
quote:

I probably own more ETH than anyone in this conversation
lol.... You want people to take you seriously, saying this does the opposite.
Posted by I Love Bama
Alabama
Member since Nov 2007
37715 posts
Posted on 4/6/23 at 9:00 pm to
I really don't care if some rando takes me seriously or not.

Lot's of cash to be made trading these shite coins, staking them and playing around. I'll continue to do it.

But once you study the history of money and what it is, you will understand the perfection that is Bitcoin.

Have you read the Bitcoin Standard? Ironically, the book has very little to do with Bitcoin but a history of stores of value, currency, etc.

If any of that is interesting to you, I would highly suggest you read it.
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57457 posts
Posted on 4/6/23 at 9:05 pm to
quote:

perfection that is Bitcoin.
lol yet you own the most eth out of anyone here. Why aren't you sticking to your perfection.
This post was edited on 4/6/23 at 9:06 pm
Posted by FnTigers
Member since Sep 2021
1429 posts
Posted on 4/6/23 at 9:09 pm to
quote:

you will understand the perfection that is Bitcoin
...Bitcoin was an incredible invention. Revolutionary. But let's bring this back to reality. Bitcoin is a dinosaur and if you want to make legit gains you'd be stupid to put a penny in it. I'll never own a single sliver of bitcoin. Ethereum is 1000x times better on every level.
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57457 posts
Posted on 4/6/23 at 9:11 pm to
He owns more etherium then anyone here.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10405 posts
Posted on 4/7/23 at 10:29 am to
quote:

Liquidity: Bitcoin is more liquid than Ethereum, with higher trading volumes and more widespread availability on exchanges.

Decentralization: Bitcoin's blockchain is more decentralized than Ethereum's, with a more evenly distributed network of nodes and miners.


These aren't issues with any top crypto token. You keep bringing up moot points. There aren't any liquidity issues for any top tokens. Satoshi has a ton of Bitcoin just like Vitalik has ETH.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10405 posts
Posted on 4/7/23 at 10:33 am to
Let me give you Bitcoiners an example of why someone would buy a token.

I LOVE PulseChain because it is cheaper, faster, and more secure Ethereum.

That's no slight to Ethereum. I am an Ethereum maxi. Ethereum maxis should also be PulseChain maxis because we are helping bring down ETH transaction fees and PLS developers brought up security issues and bugs to ETH developers.
This post was edited on 4/7/23 at 10:43 am
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