Come on dude, did you ever expect a true revolution to happen at your local Goldman Sachs branch? On Fri, Dec 22, 2017 at 10:38:43AM -0800, g2s wrote:

Actually a real alternative digital currency based on a rational and stable commodity, such as hemp, would be good. But the kind of scumbags interested in btc would NEVER consider investing in something they couldn't get rich on quick, so the whole concept is fuck-ed. If, by some quirk of fate,  btc had appeared in the 1980s or early 90s before those scumbags began infesting the computer industry, it MIGHT HAVE worked out, but as I said before, TimMay's ideation of btc died in infancy. Those scumbags btw, are undoubtedly why TM retired to the hills of Corrolitos, where hippies once ran free before the geeks moved in, and gtfo of the industry. Rr -------- Original message --------From: Gaycoin Date: 12/21/17 11:56 PM (GMT-08:00) To: cypherpunks@lists.cpunks.org Subject: RAYZER'S WET DREAM COME TRUE: BITCOIN CRASHES LOL Coin went from ~20K to almost half it's value in a few days.

1,000,000.00 100,000.00 10,000.00 <--- You are here 1,000.00 100.00 10.00 1.00 0.01

Plebbit is in full meltdown. This faggot lost it all: reddit.com/r/Bitcoin/comments/7leq7t/bought_at_19500_ama/

Pic related.

Should have invested in Gaycoin. Lol.

On December 22, 2017 4:33:54 PM EST, grarpamp wrote:

On Fri, Dec 22, 2017 at 2:56 AM, Gaycoin wrote:

...

Coin went from ~20K to almost half it's value in a few days.

Normal, been there, done that... https://www.reddit.com/r/Bitcoin/comments/7leubr/fact_tonight_is_the_fifth_3... https://www.youtube.com/watch?v=-hlN2nel5HI

...

1,000,000.00 100,000.00 10,000.00 <--- You are here

At least two more magnitudes remain to unlock.

...

reddit.com/r/Bitcoin/comments/7leq7t/bought_at_19500_ama/

For posterity... https://www.reddit.com/r/Bitcoin/comments/7le7t9/bitcoin_today/ https://www.reddit.com/r/CryptoCurrency/comments/7lhgeq/waking_up_today_and_... https://www.reddit.com/r/Bitcoin/comments/7lg5dt/quick_grab_the_offer/ https://www.reddit.com/r/Bitcoin/comments/7lfm1b/so_the_10k_prediction_by_th... https://www.reddit.com/r/Bitcoin/comments/7lf70e/why_crypto_crashed_today/ https://www.reddit.com/r/Bitcoin/comments/7lhj3w/to_the_new_guys_lets_see_ho... https://www.reddit.com/r/Bitcoin/comments/7ler9l/number_of_hodlers_with_stro... https://www.reddit.com/r/CryptoCurrency/comments/7lefhw/current_state_of_the...

Whatever the new line of support ends up being, it'll be a hella strong launchpad to the next one.

Cryptocurrency is still early days, there are but three primary rules...

1) Stay agile 2) Buy dips 3) HODL... https://www.youtube.com/watch?v=90dQQYp2QWM https://www.youtube.com/results?search_query=crypto+hodl

and of course

4) Work on adoption while ignoring the markets https://www.youtube.com/watch?v=3lql_bwZoZs https://www.youtube.com/watch?v=y3cKBDBabtA

5) Spend and annoy a statist https://www.youtube.com/watch?v=TZ0XcvHgpTc https://www.youtube.com/watch?v=YdJGmOnTURc https://www.youtube.com/watch?v=woOodUglSrk or just live https://www.youtube.com/results?search_query=living+on+bitcoin

...

Scumbags

Some say BTC is pretty scummy with crazy fees and all... https://www.reddit.com/r/btc/comments/7ld7vp/greg_maxwell_uncorks_the_champa...

...

hemp

Aren't there already some drug coins? So buy some, smoke a lil, and dig the audiovisuals... https://www.youtube.com/results?search_query=marijuana+music https://www.youtube.com/results?search_query=psychedelic+music

In crypto we trust...

A brief point... The whole proof of work calculation that is done in the process of Bitcoin activity would be far more interesting if it did something useful. I suppose this is much easier said than done - how do you precisely quantify "useful work" (eg crunching data on the genome, on folding proteins, on SETI, etc)... Burning carbon to generate wattage simply for the purpose of proving work generating hashes, without doing anything useful, seems like an awful waste. We are baking the earth quickly enough, aren't we? Are there are any digital currencies working in this direction? Is it even feasible? I take only a mild interest in Bitcoin having sold (used, actually) a number of coins at $400-$600 a couple years ago and feeling foolish now, but I also recognize the environmental problem. Cheers John

On Fri, Dec 22, 2017 at 6:48 PM, John Newman wrote:

A brief point... The whole proof of work calculation that is done in the process of Bitcoin activity would be far more interesting if it did something useful. I suppose this is much easier said than done - how do you precisely quantify "useful work" (eg crunching data on the genome, on folding proteins, on SETI, etc)...

Are there are any digital currencies working in this direction?

Maybe there are some, try searching bitcointalk. Does breeding virtual crypto kitties qualify / useful?

Is it even feasible?

Maybe, so long as the work being computed over is decentrally sourced like bitcoin transactions are. ie: You can't trust big pharma or even seti@home to not eventually corrupt say the flow of work source units to eventually preferential / adversarial to you entities. However it is conceivable that every miner could downlink the random sky of the universe through their own personally owned satellite dishes / RTL-SDR units into a cooperative long baseline shared data distribution mesh and somehow crunch away at that with its unit verification by peers being the proof of work upon which blocks ride. Yet still, unless you have a way around cryptanalysis / easy attack that SHA-256 and the other hard crypto were instituted to prevent?... no savings there, you'd just be computing two things on one chain, which could wind up with one endeavour being felt pointless, thus taking down the other for being suboptimal waste, unless you could plugin other crap like over ETH. Maybe you can design one.

I take only a mild interest in Bitcoin having sold (used, actually) a number of coins at $400-$600 a couple years ago and feeling foolish now

So long as cryptocurrency remains unstoppable under various remaining and hopefully increasing freedoms, and up till the time it reaches forex capital flow equilibrium with any remaining fiat currencies, it will be on sale, and probably quite profitable and world changing compared to other investments. Most seem to say a 5-10% allocation towards crypto would not be foolish, even up against any risk of total loss. Over 8+ years since the first of many Genesis says that won't happen. Hodling says you can say you were there for the next 8.

On Fri, Dec 22, 2017 at 9:24 PM, g2s wrote:

Read the Vinay Gupta post.

Re waste, Mars, coin, and why I respect and value Vinay... https://medium.com/humanizing-the-singularity/2018-year-in-preview-the-futur... "we better be solving some real global problems"

On Fri, Dec 22, 2017 at 06:48:27PM -0500, John Newman wrote:

A brief point... The whole proof of work calculation that is done in the process of Bitcoin activity would be far more interesting if it did something useful. I suppose this is much easier said than done - how do you precisely quantify "useful work" (eg crunching data on the genome, on folding proteins, on SETI, etc)... ... Are there are any digital currencies working in this direction? Is it even feasible?

I am not familiar with the details, but Prime Coin appears of math interest: http://primecoin.io/about.php#what-xpm | Primecoin introduces an unique form of proof-of-work based on prime | numbers, and is the first cryptocurrency in the world designed with | scientific computing as its work. | Primecoin network searches for special prime number chains known as | Cunningham chains and bi-twin chains. The distribution of these prime | chains are not well-understood currently as even for its simplest case | twin primes their infinite existence is not proven. Some speculations. It is controversial if prime numbers with certain properties is "useful". In theory there could be infinite number of Prime Coins, assuming infinite computational resources ;), but verifying the coin on traditional computer will take long.