Bitcoin Mining Farm China – Kriptonesia

What is the best form of cryptocurrency in which to begin investing?

If you are a noob then start with low investment. It gives you two benefits
  1. Experience
  2. Confidence
Experience and Knowledge both are valuable things in every field of life. Learn why cryptocurrency’s trend goes up and down. When you buy the coins and when you sell them.
Start with low price currency then after taking knowledge go for big one. If you are just beginner do not direct invest in Bitcoin.
I have a list of 10 Cryptocurrencies that are important other than Bitcoin:
1. Litecoin (LTC)
Litecoin, launched in 2011, was among the initial cryptocurrencies following bitcoin and has often been referred to as “silver to bitcoin’s gold.” It was created by Charlie Lee, an MIT graduate, and former Google engineer. Litecoin is based on an open-source global payment network that is not controlled by any central authority and uses "scrypt" as a proof of work, which can be decoded with the help of CPUs of consumer-grade.
2. Ethereum (ETH)
Launched in 2015, Ethereum is a decentralized software platform that enables Smart Contracts and Distributed Applications (DApps) to be built and run without any downtime, fraud, control or interference from a third party. The applications on ethereum are run on its platform-specific cryptographic token, ether. Ether is like a vehicle for moving around on the ethereum platform and is sought by mostly developers looking to develop and run applications inside ethereum, or now by investors looking to make purchases of other digital currencies using ether.
3. Zcash (ZEC)
Zcash, a decentralized and open-source cryptocurrency launched in the latter part of 2016, looks promising. “If bitcoin is like HTTP for money, zcash is HTTPS," is one analogy zcash uses to define itself. Zcash offers privacy and selective transparency of transactions. Thus, like https, zcash claims to provide extra security or privacy where all transactions are recorded and published on a blockchain, but details such as the sender, recipient, and amount remain private.
4. Dash (DASH)
Dash (originally known as darkcoin) is a more secretive version of bitcoin. Dash offers more anonymity as it works on a decentralized master code network that makes transactions almost untraceable. Launched in January 2014, dash experienced an increasing fan following in a short span of time. This cryptocurrency was created and developed by Evan Duffield and can be mined using a CPU or GPU. In March 2015, ‘Darkcoin’ was rebranded to Dash, which stands for “digital cash” and operates under the ticker DASH.
5. Ripple (XRP)
Ripple is a real-time global settlement network that offers instant, certain and low-cost international payments. Launched in 2012, ripple “enables banks to settle cross-border payments in real-time, with end-to-end transparency, and at lower costs.” Ripple’s consensus ledger (its method of conformation) is unique in that it doesn’t require mining. In this way, ripple sets itself apart from bitcoin and many other altcoins. Since Ripple’s structure doesn't require mining, it reduces the usage of computing power and minimizes network latency.
Ripple believes that “distributing value is a powerful way to incentivize certain behaviors” and thus currently plans to distribute XRP primarily “through business development deals, incentives to liquidity providers who offer tighter spreads for payments, and selling XRP to institutional buyers interested in investing in XRP.”
6. Monero (XMR)
Monero is a secure, private and untraceable currency. This open-source cryptocurrency was launched in April 2014 and soon spiked great interest among the cryptography community and enthusiasts. The development of this cryptocurrency is completely donation-based and community-driven. Monero has been launched with a strong focus on decentralization and scalability, and it enables complete privacy by using a special technique called “ring signatures.”
With this technique, there appears a group of cryptographic signatures including at least one real participant, but since they all appear valid, the real one cannot be isolated. Because of exceptional security mechanisms like this, monero has developed something of an unsavory reputation; it has been linked to criminal operations around the world.
7. Bitcoin Cash (BCH)
Bitcoin Cash holds an important place in the history of altcoins because it is one of the earliest and most successful hard forks of the original bitcoin. In the cryptocurrency world, a fork takes place as the result of debates and arguments between developers and miners. Due to the decentralized nature of digital currencies, wholesale changes to the code underlying the token or coin at hand must be made due to general consensus; the mechanism for this process varies according to the particular cryptocurrency.
When different factions can’t come to an agreement, sometimes the digital currency is split, with the original remaining true to its original code and the other copy beginning life as a new version of the prior coin, complete with changes to its code. Bitcoin cash began its life in August of 2017 as a result of one of these splits. The debate which led to the creation of BCH had to do with the issue of scalability; bitcoin has a strict limit on the size of blocks, 1 megabyte. BCH increases the block size from 1 MB to 8 MB, with the idea being that larger blocks will allow for faster transaction times. It also makes other changes, too, including the removal of the Segregated Witness protocol which impacts block space.
8. NEO (NEO)
NEO began life in 2014. Originally called AntShares, the coin was later rebranded by creator Da Hongfei. To date, it is the largest cryptocurrency which has emerged from China and is sometimes referred to as a “Chinese Ethereum” because of its similar use of smart contracts. In 2017, NEO experienced its most successful year to date. From a value of $0.16 per token in January of 2017, NEO climbed to about $162 per token by one year later. This constitutes a return of more than 111,000%. One key to NEO’s success has been its support of programming in many existing languages, including Go, Java, C++, and others.
9. Cardano (ADA)
Charles Hoskinson, one of the co-founders of ethereum, launched cardano in September of 2017. For supporters of this digital currency, ADA offers all of the benefits of ethereum, as well as many others. Cardano offers a platform for Dapps and smart contracts, like ethereum before it. Beyond that, ADA aims to solve some of the most pressing problems plaguing cryptocurrencies everywhere, including interoperability and scalability.
Cardano also hopes to tackle issues related to international payments, which are typically both timely and expensive.
10. EOS (EOS)
One of the newest digital currencies to make our list is EOS. Launched in June of 2018, EOS was created by cryptocurrency pioneer Dan Larimer. Before his work on EOS, Larimer founded the digital currency exchange Bitshares as well as the blockchain-based social media platform Steemit. Like other cryptocurrencies on this list, EOS is designed after ethereum, so it offers a platform on which developers can build decentralized applications. EOS is notable for many other reasons, though.
First learn then investing in crypto
submitted by alifkhalil469 to BtcNewz [link] [comments]

How to get rich quick from the cyptocurrency hype

In the 1920s Charles Ponzi pulled a "Ponzi scheme" that cost his investors $20 million and served 14 years in prison. 100 years later thousands of scammers defraud naive investors of billions of dollars through the cryptocurrency hype legally.
Satoshi Nakamoto had the chance of being the number 1 scam artist, but since he didn't sell any bitcoins or raised any money he missed out on getting rich.
Here is a list of get-rich-quick cryptocurrency schemes:

1. The "Buterin scheme"

The Buterin scheme is the most advanced and sophisticated crypto scam, but the reward is in the billions. All you have to do is say about your blockchain being more "technologically advanced" then the previous blockchain, hype it with fancy buzzwords that no one understands and sell the premined tokens in an ICO. Don't forget to keep a good part of the premined tokens for the long con. Now that you have money from the ICO you can hire some developers to work on your project and a troll factory to shill your crypto while you dump your premined tokens. Your work will be made easier by the level 1 investors who will want to dump the tokens on level 2 investors. Partnerships with Microsoft or IBM and a meeting with Trump or Putin will certainly put your crypto in the top 10.
The number of premined tokens in the Buterin scheme was 12 millions ETH which was about $15 billions at the mania peak. After seeing the successful Buterin money making scheme, every second chinese or russian crypto developer are trying to do this trick, most successfully being EOS which raised $4 billions.

2. Pump and Dump

All you have to do for this scheme is acquire a large amount of tokens fro a low price, then buy more of it on exchanges to raise the price quick and also hire trolls to shill the tokens on Reddit, Twitter, Facebook, TV or any other place you can, and then sell the tokens for a massive profit. John McAffee or websites such as Pornhub can help you greatly in this scam. You can learn a lot from the masterminds behind Bitcoin Cash, Nano or Verge.

3. The ICO scam

Same as the Buterin scheme, only that your blockchain idea is so dumb that it would be a waste of money to hire developers to work on it, so you take the money from the ICO and pretend that you are working on the project while enjoying the millionaire life on the seaside. You can get a whitepaper and a roadmap for as low as $10! Facebook, Google ads and internet trolls will be your friends in this scheme.

4. The inside info

Do you work at a big exchange that is about to list a new token? Or do you work at the SEC and they are about to approve a new ETF? Don't forget to buy and sell the token for at least a 10% profit in a single day!

5. Market manipulation

Do you have access to news companies and also afford to hire internet trolls? If the answer is yes, you can have a permanent stable income from crypto. All you have to do is to short (or long) a crypto, than release the FUD (or shills). Did some celebrity say a bad word about that crypto sometimes in 2015? Now is the perfect time to release this as news and post on Reddit! Easy money, and perfectly legal!

6. The Cryptokitties scheme

Are you smart enough to create a fancy collectible Ethereum game? That's good, but the website ads will not bring you any money from the 200 daily users. In order to create a market of cat images, all you have to do is create hundreds of different accounts that sell cat images to each other for exorbitant prices creating the illusion of value in those Kitties. The noobs will see the trades and buy from the FOMO. Not too bad to sell cat images for $100 000!

7. The smart contract Ponzi scheme

Another scheme is to create a disguised ponzi smart contract such as POWH3D or FOMO3D. The referral system and the greed of the players will guarantee doubling the money for the first players (developers).

8. Hack a smart contract

Since "code is law" and there is no internet police to stop the other scammers, you can find poorly written contracts with money and hack it. An example is POWH contract where hackers found a vulnerability and withdrew $ 1 million of ETH, and their identity has never been revealed, as per usual.

9. The Bitconnect scam

I forgot about Bitconnect, but that scheme is a so obvious scam that it is not even disguised as a legit product. It is almost identical with the Ponzi scheme, but unlike Charles Ponzi the Bitconnect founder is enjoying his millionaire life right now, so I would certainly recommend a Bitconnect scheme vs classic Ponzi scheme.

10. The "Bitcoin Fork" scam

Make a Bitcoin fork using the code other people worked on and the Bitcoin brand, mine stealthily or premine a developer fund, and then sell your coins to the noobs that are fooled by the Bitcoin name. Bitcoin Gold, Bitcoin Diamond and dozens of other did this scheme.

11. The Stablecoin scam

Create a USD alternative crypto (aka Tether) and sell it for crypto on exchanges that cannot cash out to USD. Since the stable coins were created out of thin air, you now have free Bitcoins which can be sold for real USD because the number of USDT holders will never reach 0 and will keep growing.

12. The Bitmain scam

Own a company that holds a monopoly on cryptocurrency miners, secretly produce miners and mine with them for months/years and then put them on sale for stupid investors when a new batch of more efficient "money making machines" are ready. In that way you are able to earn money from your outdated products and keep the illusion of decentralized mining.
English is not my first language, so bee free to edit or proofread this list.
submitted by InterdisciplinaryHum to Buttcoin [link] [comments]

How Governments will Destroy Cryptocurrencies [Theory]

I have a few theories how the Governments around the world will eventually crackdown on cryptocurrencies, especially Bitcoin. It will either be a coordinated effort amongst G20 or just independently creating more and more regulations until crypto will die off. I may be wrong, there is a chance that we can win, but it's still good to consider the follow scenarios so that people can prepare themselves against them.
   

1) Mass Quantum Hack [Unlikely]

Allegedly govts may have at disposal secret quantum computers. There is already commercially available QC, but it's less powerful, and we can, from observation suspect that military technology is about 30 years ahead of commercially available ones, so there is a likelyhood of this. Quantum technology is not "magic", it doesn't solve issues instantaneously like it's portrayed in the media, but to our misfortune it can specifically crack wide open SHA256, RIPEMD-128 and AES256 cyphers which Bitcoin and other cryptos use.
Now the likelyhood of this is small, not because they can't do it, but because even if they can, if they would do this, the cat would be out of the box and then other governments would start hacking banks, which also using these algorithms, so it could collapse the entire global economy creating global hyperinflation and mass chaos.
So they would by all means avoid this, no matter how annoying Bitcoin will become for them they would not use this option, unless Bitcoin would really take over the planet, but they probably have other measures against that. And they probably have agreements with other governments too, to avoid this option, not even North Korea would do this in my opinion because the Chinese would put pressure on them.
   

2) Demonize and ridicule Bitcoin users in the Media [Likely, Inefficient]

This is likely and they are already doing this, but it's not effective. People don't care about chit-chat, they care about results. So if a starving African family can feed their kids from the remittances that their family members sent them back with Bitcoin, they would totally dismiss whatever the media would tell them.
Bitcoin has practical results, it doesn't need propaganda to spread, and propaganda against it is ineffective, because the results speak for themselves.
So while they might scare a few mainstream sheeps, it won't work forever and eventually the media would either have to get behind Bitcoin or become obsolete.
   

3) Criminalize Bitcoin and prosecute everyone [Unlikely]

They could have easily done this back in 2009-2010, and for some reason they didn't. They could have just easily labeled any Bitcoin user a hacker and cybercriminal when there were only a few thousand of them and jail them like with any other cybercrime. But they have missed this opportunity for some reason, either they thought Bitcoin would not be as big as it is now, or they had other plans for it. Some theories say that governments created Bitcoin, we don't know.
The point is that the genie is out of the bottle, now it's not going back. There are tens of millions of crypto users worldwide and as time goes on it would be harder and harder to ban Bitcoin completely. In fact now many politicians and elites are getting behind it so the political capital this would require would be near absolute totalitarianism, at which point we'd have bigger problems.
They could still crack down on many aspects of it, and criminalize certain bitcoin transactions, but it would then be as inefficient as the war on drugs and such.
   

4) Hijack developers to sabotage Bitcoin [Likely]

They could hijack or bribe some of the developers in order to destroy Bitcoin from within. First they would place their minions inside the community and make them celebrities, then they would be given positions of authority. And then use them to slow down Bitcoin and create as much chaos within as possible. For example like not increasing the block size so that average fees become close to 100$. Now African families can't feed their kids anymore and the entire 2nd and 3rd world would be cut off, so only a few rich first worlder would be able to use it, at which point it would be no different than a stock in a stock market, it would lose it's global revolutionary aspect. They could also use their minion developers to introduce intentional bugs and patches that would give them more control. Creating centralized payment processors, and removing people's abilities to store their own coins without a custodian. Then they would have control over everone's money and could forfeit it at will.
So a combination of slowing down Bitcoin's growth, like with massive censorship and character assasinating dissenters, while also introducing evil software patches to give them control over it. At this point the developers would be worshipped and would have a cult of personality with many useful idiot fanboys supporting them, not realizing that they are getting screwed.
After they have the influence over the community they could use this to justify any further crazy upgrades: like implementing "tax patch" where every transaction would automatically be taxed at 50% and sent to a govt controlled address.
   

5) Regulate developers, exchanges and miners [Likely, Inefficient]

They could just regulate and implement laws to coerce all developers and miner to implement policies the governments want. Given that all developers are public they are easy to reach and most miners are either LLC's or Corporations, they are directly controllable. They will comply.
The issue is that this is not very covert and people would start speaking up against this. Of course they would immediately implement KYC/AML policies for all transactions, and it would be pretty hard to argue against that as they would just use arguments like "for the children" , "evil drug users" and so forth, which have became curse phrases lately.
It is likely that they would be done as the banking system is fully regulated and you don't control your money and can be forfeited, they could just make people have to use a "Bitcoin Bank", maybe even legalize Banks to open BTC accounts, so most people would just go back into the government controlled world.
However the decentralization momentum lives on, so there will be solutions to decentralize everything. If they regulate exchanges, people would just move to decentralized ones. If they regulate miners, then people would invent more stealthy mining algorithms, and so forth.
The enforcement of these draconian laws would be very hard, even harder than the war on drugs, so they could try but they would fail.
   

6) Tax and Regulate Cryptocurrency use out of Existence to save Humanity [THIS]

If the government would really want to destroy crypto, they would definitely choose this path as it's the most easily enforceable and they have the most propaganda justification for this.
The way this would work is the following:
“Scientists have solid experimental and theoretical evidence to support …the following predictions: In a decade, urban dwellers will have to wear gas masks to survive air pollution…by 1985 air pollution will have reduced the amount of sunlight reaching earth by one half…”
-- 1970 Life Magazine
"If the climate change is as profound as some of the pessimists fear, the resulting famines could be catastrophic."
-- 1975 Newsweek
"By 1995, the greenhouse effect would be desolating the heartlands of North America and Eurasia with horrific drought, causing crop failures and food riots…(By 1996) The Platte River of Nebraska would be dry, while a continent-wide black blizzard of prairie topsoil will stop traffic on interstates, strip paint from houses and shut down computers…The Mexican police will round up illegal American migrants surging into Mexico seeking work as field hands.”
-- Michael Oppenheimer, 1990, The Environmental Defense Fund
 
So the GLOBAL WARMING HOAX is really extremely catastrophic therefore you must ban Bitcoin immediately to save human civilization. Mark my words, they will definitely choose this option.
submitted by alexander7k to Anarcho_Capitalism [link] [comments]

These 25 top-voted posts from r/btc this week show that users and miners are working on real solutions to help Bitcoin move forward, while Core/Blockstream are obstructing progress and losing support. Please help spread this information (including translating for the Chinese-speaking community)!

Antpool Will Not Run SegWit Without Block Size Increase Hard Fork
~ tylev
https://np.reddit.com/btc/comments/4kpgxt/antpool_will_not_run_segwit_without_block_size/
So, this is exactly the situation the Classic code was meant to prevent.
Fixing the issue before it becomes an issue. Classic was correct and full blocks are the largest problem that Bitcoin faces.
~ Annapurna317
Leaders of Core had a childish little selfish tantrum about wanting to work on what cool stuff they wanted to build and wouldn't listen.
It would have been relatively safe and easy to introduce the 2mb HF if it was progressed collectively and collaboratively with good will by all parties.
All of this could have been avoided long ago. There is one person who is very influential who we know to be adamant about blocks being confined to 1mb.
~ papabitcoin
Hardfork in July 2017 will be too late.
If you read the statement by Peter "I don't have a clue about economics" Todd you might start to puke.
“Unfortunately Bitcoin simply doesn't scale well" How about you start to tell what exactly doesn't scale you fuckhead?
P.S.: The blockchain is growing indefinitely, if you don't like that fact you should choose something else than cryptocurrencies or come up with a better way.
~ satoshis_sockpuppet
This is classic narrowmindedness on PT's part.
He'd also be the first one to say that the internet is not sustainable as it produces exponentially more and more data.
These guys are fucking idiots and really have no idea what they are talking about, all they see is "BLOAT!" and "TOO BIG FOR CURRENT NODES!" then react accordingly without even thinking about the fact that Bitcoin's usefulness mitigates these limiting factors almost entirely.
~ ferretinjapan
People are starting to realize how toxic Gregory Maxwell is to Bitcoin, saying there are plenty of other coders who could do crypto and networking, and "he drives away more talent than he can attract." Plus, he has a 10-year record of damaging open-source projects, going back to Wikipedia in 2006.
~ ydtm
https://np.reddit.com/btc/comments/4klqtg/people_are_starting_to_realize_how_toxic_gregory/
Gavin Andresen: Bitcoin Protocol Role Models
https://np.reddit.com/btc/comments/4l0ugy/gavin_andresen_bitcoin_protocol_role_models/
http://gavinandresen.ninja/bitcoin-protocol-role-models
There are limits on routing table sizes, but they are not top-down-specified-in-a-standards-document protocol limits.
They are organic limits that arise from whatever hardware is available and from the (sometimes very contentious!) interaction of the engineers keeping the Internet backbone up and running.
~ Gavin
We've long established that the 1mb limit (or their refusal to remove it) has absolutely nothing to do with technical concerns.
It's a political matter, whose raison d'être we can only infer.
Time to stop the bullshit and the [s]quabbling. Chinese miners wake up! Time to try something new. It quite literally can't be worse than what's going on right now.
~ redlightsaber
Fred Ehrsam / Coinbase basically says that Ethereum is the future of cryptocurrency
https://np.reddit.com/btc/comments/4kvqwj/fred_ehrsam_coinbase_basically_says_that_ethereum/
https://medium.com/the-coinbase-blog/ethereum-is-the-forefront-of-digital-currency-5300298f6c75#.4wqiu5njb
Bitcoin has become embroiled in debate over the block size - an important topic for the health of the network, but not something that should halt progress in a young and rapidly developing field.
The developer community in Bitcoin feels fairly dormant. Bitcoin never really made it past the stage of simple wallets and exchanges.
Bitcoin’s “leadership” is ... toxic. Greg Maxwell, technical leader of Blockstream which employs a solid chunk of Core developers, recently referred to other Core developers who were working with miners on a block size compromise as “well-meaning dips***s.”
~ huntingisland
This was a good sobering read.
It is also worth noting that Coinbase was left with little choice but to broaden its offerings given the current state of Bitcoin usability ...
When BS hijacked BTC away from being money, it screwed a lot of business and usage plans. ...
Praise be to the free market and the market place of ideas.
~ veintiuno
REPOST from 12/2015: "If there are only 20 seats on the bus and 25 people that want to ride, there is no ticket price where everyone gets a seat. Capacity problems can't be fixed with a 'fee market'; they are fixed by adding seats, which in this case means raising the blocksize cap."Vibr8gKiwi
~ ydtm
https://np.reddit.com/btc/comments/4kfqyj/repost_from_122015_if_there_are_only_20_seats_on/
By the way, this shows that a certain other trending OP from today:
Why all the disinformation? Full blocks DO NOT matter, what matters is transaction fees. Currently $0.05
...is total bullshit.
But that other OP was posted in an echo-chamber of censorship (r\bitcoin).
That is dangerous (for them), because it allows them to enjoy the illusion that they are right - when in reality, they are wrong, because they are ignoring the fact that full blocks DO matter: because the overflow goes elsewhere (into fiat, into alts, etc.).
~ ydtm
We just got Blockstreamed! (Coinbase rebranding away from BTC)
https://np.reddit.com/btc/comments/4k455s/we_just_got_blockstreamed_coinbase_rebranding/
Coinbase Exchange to Rebrand Following Ethereum Trading Launch
http://www.coindesk.com/coinbase-exchange-rebrand-ethereum-trading/
Bitcoin exchange and wallet service Coinbase is adding support for ether, the native cryptocurrency of the Ethereum network. ...
This is quite significant. I would interpret this as a loss of confidence in Blockstream to provide what customers need in a timely manner.
While Blockstream wastes time figuring out how to stuff all the world's transaction data into their beloved tiny blocks, the market will move on to solutions that can actually scale and can scale NOW.
Blockstream: The world will not wait for you.
~ objectivist72
Gavin finally speaks - they are "rearranging the deck chairs on the Titanic"
~ aquentin
https://np.reddit.com/btc/comments/4koywo/gavin_finally_speaks_they_are_rearranging_the/
Gavin could post that the sky is blue and it would generate a shitstorm of controversy.
~ borg
Opinions on Gavin over there are variously:
1 - Why aren't you coding for Core?
2 - Which agency do you work for?
3 - Haha classic suxxor
A very telling series of questions that the false agenda has fermented and sunk in.
~ nanoakron
Core has solved the scalability issue!
By keeping the blocksize at 1MB they have motivated users to look to other blockchains. Problem solved!
~ solled
https://np.reddit.com/btc/comments/4k5k80/core_has_solved_the_scalability_issue/
It's actually kind of brilliant !
Think about it: no need for super dangerous hard forks, and not even soft forks. No new code needed, no testing, nothing.
All it took was 2-3 years of endless stalling, organizing some fake conventions, a bit of character assassination and demonization here and there, nothing major. Done.
It was actually very well-thought-out. Congratulations and hat off to nullc adam3us and all their drones.
~ realistbtc
Bitcoin is a giant, global "Consensus-tron" based on a fundamental meta-rule: "51% Consensus based on Greed / Self-Interest" ("Nakamoto Consensus"). Blockstream/Core is trying change this meta-rule, to make it "95% Consensus" ("Extreme Consensus") - the MOST CONTENTIOUS change conceivable in Bitcoin
The main characteristic of Bitcoin is that it is basically a kind of global "consensus-producing machine" or "Consensus-tron" - which runs based on a fundamental meta-rule of "51% Consensus + Greed / Self-Interest" - also called "Nakamoto Consensus".
Recently, Blockstream has started trying to quietly change this fundamental meta-rule of Bitcoin based on "51% Consensus + Greed / Self-Interest" ("Nakamoto Consensus").
Instead, they have proposed a totally different meta-rule based on "95% Consensus" - which they like to call "Strong Consensus", but a better name would probably be "Extreme Consensus", to show what an extreme change it would be.
~ ydtm
https://np.reddit.com/btc/comments/4l45p1/bitcoin_is_a_giant_global_consensustron_based_on/
Every binary vote has an opposite side. 95% consensus is actually 5% consensus of the opposing team. Would you like a 5% consensus system? No? Then you wouldn't like a 95% consensus system.
That's why 50% is the only valid threshold -- because it's the only one that makes both sides equal.
~ kingofthejaffacakes
The only real threshold is 51%.
~ Ant-n
Continuing on this road , soon Coinbase and Circle will probably allow to send and receive Ether, and Coinbase and Bitpay will offer the option to pay in Ether. At that point Gregonomic fee pressure will go out of the window.
The first mover led the ground work, but it's not an exclusive advantage.
Bitcoin needs to wake up from the Blockstream-induced coma !!!
https://np.reddit.com/btc/comments/4k8c8g/continuing_on_this_road_soon_coinbase_and_circle/
This is so painfully obvious. The users do not want a "fee market". Blockstream is absolutely hell-bent on giving us one, despite there being no need for a "fee market" at this point in time. Therefore the free market will do its job and provide an alternative to Bitcoin, and the users will move to the alternative where they will get what they actually want.
~ objectivist72
Bitcoin users are speaking out, and they want bigger blocks. Compare these 2 OPs: r\bitcoin: "Full blocks DO NOT matter, what matters is transaction fees" (100 upvotes) vs btc: "Capacity problems can't be fixed with a 'fee market'; they can only be fixed by raising the blocksize cap" (200 upvotes)
~ ydtm
https://np.reddit.com/btc/comments/4kjxrb/bitcoin_users_are_speaking_out_and_they_want/
The block size issue has turned me off to bitcoin entirely, I no longer evangelize, no longer buy or use them. Blockstream has destroyed all the good-will I had for Bitcoin.
Once the block sizes are larger, and continue rising with use, I'll be interested again. until then, Bitcoin can wallow in the fail
~ jmdugan
Maxwell the vandal calls Adam, Luke, and Peter Todd dipshits
https://np.reddit.com/btc/comments/4k8rsa/maxwell_the_vandal_calls_adam_luke_and_peter_todd/
Peak idiocy imminent @Blockstream-Core? Or not yet?
~ Shock_The_Stream
Just to confirm, that is the CTO of Blockstream calling the President of Blockstream a "dipshit" on a public forum.
~ Leithm
Andreas "I believe this is called a "Mexican Standoff". No segwit no HF. No HF, no segwit. Compromise time."
https://np.reddit.com/btc/comments/4kq2dm/andreas_i_believe_this_is_called_a_mexican/
2mb WAS the compromise FFS.
~ tailsta
I thought 8MB was the compromise.
~ dskloet
Actually 20MB was the compromise. The original plan was to just remove the cap and let miners implement their own norms.
~ ForkiusMaximus
Damn fucking straight, the larger block side has been compromising for over a year and they have refused to compromise from day one.
Now is not the time to compromise, now is the time to sweep them aside as they have brought nothing to the table.
These devs shouldn't even be given the time of day considering their open contempt for larger blocks and the miners should be finding devs that will give them what they need, rather than trying to negotiate with asshats that refuse to negotiate.
~ ferretinjapan
"It's truly funny how blockstream are dead against 2mb of block data using traditional transactions along with linear signature validation... but blindly think that 2.85mb of segwit + confidential payment codes + other features is acceptable."
And also funny that their roadmap allows for 5.7mb blocks when blockstream decide its ok for the hard fork.. yet they cant explain what network bandwidth restrictions are currently preventing 2mb now but weirdly and suddenly not an issue for 5.7mb next year...
https://np.reddit.com/btc/comments/4kn960/its_truly_funny_how_blockstream_are_dead_against/
It's a matter of ego and politics. From a computer science standpoint, Adam Back wanted the 2-4-8 mb scaling originally, which would have been completely safe (and smart).
Segwit is required for the Lightning Network and some other things Blockstream wants to centralize and profit from.
No better way to get something you need in there than making it necessary for scaling and saying it's the best solution.
Segwit is a backwards approach compared to the easier and cleaner solution of increasing the blocksize
~ Annapurna317
maaku7: "I don't know anyone who is actually working on a hard fork right now (although I'm sure someone is). Keep in mind very few core developers were at the HK meeting and that 'agreement' is mostly not acceptable to those who were not there."
The Hongkong Farce. Great job Core and Chinese/Georgian 'miners'!
~ Shock_The_Stream
https://np.reddit.com/btc/comments/4k74cmaaku7_i_dont_know_anyone_who_is_actually_working/
HF will never happen unless miners switch client. The problem is miners still trust Adam & Co.
The day Mike Hearn left, he told me: "Both Adam Back and Gregory Maxwell are extremely skilled manipulators, timewasters and both of them have been caught lying red handed. I strongly suggest you just ignore both of them. I do not plan to take part in Bitcoin related discussions further".
From my experience, Adam will tell you whatever you want to hear, but do something different behind your back.
Just look at his presentations he gave to the miners and others, they are full of lies and inaccuracies. This isn't rocket science.
I just can't understand why people keep buying bullshit from a guy who's not even a core dev, but president of a company that only benefits from making sure Bitcoin itself is crippled so people are forced offchain.
~ olivierjanss
That was known opinion by Mark [Friedenbach, maaku7].
He said right after HK that it is not Core's agreement, that individual developers there were not representatives for Core.
And that the HF block limit increase is not an option.
I don't know what are miners still expecting and waiting for.
~ r1q2
Is this information being sent to the Chinese bitcoin community?
Who is doing that?
How does information like this not immediately change the ballgame?
~ 8yo90
There's more than enough developer talent in the Bitcoin space to ensure a hard fork comes off successfully, but the Core developers have divided the community with lies to make it more difficult to pull off. Instead of helping achieve it, they have created community-wide FUD.
~ Reddit_My_Life_Away
https://np.reddit.com/btc/comments/4ku44w/theres_more_than_enough_developer_talent_in_the/
My opinion is that we can't have Blockstream at all involved in Bitcoin any longer.
If you keep them involved, even after a blocksize increase, we will suffer in the future.
Similar to malware, you have to remove it.
~ mti985
This is the correct way to decide "maximum blocksize"
https://np.reddit.com/btc/comments/4kwntk/this_is_the_correct_way_to_decide_maximum/
https://i.imgur.com/UTUMSwzl.png
I'm very happy to see you researching Bitcoin Unlimited!
~ Peter__R
Mike Hearn: Bitcoin’s “Young, Unripened Democracy” Suffers Under Authoritarian Developers
https://np.reddit.com/btc/comments/4k8o7x/mike_hearn_bitcoins_young_unripened_democracy/
https://www.cryptocoinsnews.com/mike-hearn-bitcoin-democracy/
Hearn describes in the interview how people in the developer scene do not truly want the cryptocurrency to be decentralized.
“They say they want so, but that’s not what they want. Bitcoin is a young, unripened Democracy, in which a group of developers hold the power. And this group is desperately trying to prevent a real vote on the future of Bitcoin.”
...
“[They] won’t vote against Core, because [they’ve] been told voting is dangerous,” Hearn elucidates. “The miners are not per se against proposals to increase the capacity, such as something like Bitcoin Classic wants. The miners refuse to vote. At this point, some developers, including myself, lost interest, because we realized it no longer was a debate about the block size. Suddenly it was trying to convince Chinese people democracy is a good thing.”
~ Mike Hearn
Sadly, he sounds like the voice of reason in a world gone mad.
~ realistbtc
I think the Berlin Wall Principle will end up applying to Blockstream as well: (1) The Berlin Wall took longer than everyone expected to come tumbling down. (2) When it did finally come tumbling down, it happened faster than anyone expected (ie, in a matter of days) - and everyone was shocked.
~ ydtm
https://np.reddit.com/btc/comments/4kxtq4/i_think_the_berlin_wall_principle_will_end_up/
When push comes to shove, people are going to remember pretty damn quick that open-source code is easy to patch.
People are going to remember that you don't have to fly to meetings in Hong Kong or on some secret Caribbean island ... or post on Reddit for hours ... or spend hundreds of thousands of dollars on devs ... in order to simply change a constant in your code from 1000000 to 2000000.
http://38.media.tumblr.com/fa44a78d7d6f6a2e0536e611e43093a8/tumblr_inline_mjh5diUr7t1qz4rgp.jpg
PSA: when someone asks for info about a transaction getting stuck, stop saying that the fee was too low or his wallet did something wrong. The correct answer is that currently Bitcoin is broken.
~ realistbtc
https://np.reddit.com/btc/comments/4k44cf/psa_when_someone_ask_for_info_about_a_transaction/
Artificial capacity restraint by Core devs is the correct answer.
~ flamingboard
This is so true.
I mean, look at the logic.
If $0.01 is not enough, and everyone sets it at $1.00, then it is still not enough because the number of transactions at the 'higher' price is still too many and blocks are still full with transactions being ignored.
~ canadiandev
This is why I think Blockstream's mission is to hurt bitcoin.
I cannot believe that they genuinely can be so stupid to ignore this aspect.
~ usrn
The core devs (Wladimir and Maxwell) do not care about the price of bitcoin. They do not care to give investors a clear indication of what capacity will be in the near or mid future. This is contrary to the fact that everything else is known. Roger Ver is right.
Investors (Hodlers) are a large part of what makes bitcoin valuable. Without a clear indication of what capacity is going to be in the future there is no clear indication of what the worth of Bitcoin actually is.
~ specialenmity
Unfortunately, I know of multiple companies with more than 100,000,000 users that have put their bitcoin integration on hold because there isn't enough current capacity in the Bitcoin network for their users to start using Bitcoin.
Instead they are looking at options other than Bitcoin.
~ Roger Ver / ~ MemoryDealers
Gregory Maxwell (nullc) & /bitcoin have deleted my posts
They have also banned me from any discussion on their subreddit.
I was simply posting that Gregory Maxwell (nullc) is lying when he says "the Chinese Bitcoin community stands behind us".
This is false, they do not.
In fact, a respected member from the Chinese Bitcoin community said this: "Do you know that what you are doing is harming bitcoin by spreading misinformation? I'm from China. I can just tell you the common sense in the Chinese Community of Bitcoin. No one likes BlockStream now! People in China all know that it is Greg Maxwell who is blocking bitcoin by limiting block size. I dare say, your company can never develop any business in China in the future."
~ taxed4ever
https://np.reddit.com/btc/comments/4l6p57/gregory_maxwell_nullc_rbitcoin_have_deleted_my/
Jihan of Antpool, great response in regards to Chinese Bitcoin discussion on /bitcoin I was banned from:
Maxwell,
When you talking about "in fact", it smells like no fact. You are spreading very serious rumors about the mining network situation. Antpool has been connected to Relay Network and also testing a new network called Falcon after being invited. The total network orphan rate has been keeping lower and lower in the past months, which is an evidence that the network is working in a much better situation. Antpool in the past April have only 1 orphaned block, which is an evidence that there is no selfish mining situation - a selfish mining attack will generate higher orphan rate on both competitors and attackers. On the https://poolbench.antminer.link/, you can find ... the performance of a mining pool. (This is a third party site, this is fact.)
Antpool and other mining pools had made the position clear as water since in the Hong Kong meeting, that SegWit+HF [is] coming as package. If you just realized right now, ... the communication problem inside Core, you cannot blame anyone else. We will not activ[ate] the SegWit until seeing the promised (by "individuals" yes I know Maxwell could not be represented) HF code being released in Bitcoin Core. If everything is progressed according the HK Consensus, the SegWit will not be stalled. The SegWit as a very th[o]rough improvement/change [and] will need to be carefully tested and reviewed after its release, at least for several months. During which time the HF can be proposed, defined, implemented and released. While the max blocksize limit lifting can be activated later, but as the code is already contained in the release, most of the economic nodes in the network will be compatible with the coming blocksize bumping up.
Bitcoin is a worldwide economy infrastructure and it requires working together and moving forward. Greg, you need to have some self control from talking like a human flesh fascist propaganda machine, trying to attack anyone who disagree with you.
Please don't tag those concerns as "pro-altcoin". (Another evidence of your problematic speaking style.) The concerns are genuine concerns. Some of the concerns coming from people who hold very large stake of Bitcoin since early time. Bitcoin is not the only cryptocurrency in the town. I also see some small blockers are very active in the competing coin development. You cannot use this methods to distinguish people at all. Then stop judging people's intention and unrelated behavior but focus on the problem itself.
The only thing I have to add is that you can't wait for Mr. Maxwell and his company to deliver their promise. It is a toxic arrangement and we need to focus on looking past them, repairing the damage and working towards the future. When there are too many lies and scandal involved, you have to cut your losses and walk away. Investors around the world will be confident once we start making firm moves. Positive press from Forbes will help repair confidence with investors.
Either way, thank you!
We are all committed to working together.
~ taxed4ever
This is fine.
https://np.reddit.com/btc/comments/4kqdh8/this_is_fine/
http://imgur.com/KdfJI2G
~ bitkong-me
Picture characterizing the situation very well!
~ Amichateur
In successful open-source software projects, the community should drive the code - not the other way around. Projects fail when "dead scripture" gets prioritized over "common sense". (Another excruciating analysis of Core/Blockstream's pathological fetishizing of a temporary 1MB anti-spam kludge)
~ ydtm
https://np.reddit.com/btc/comments/4k8kda/in_successful_opensource_software_projects_the/
ashmoran explains why Blockstream's behavior flies in the face of the Agile Manifesto, a guide that is widely applicable to open-source software development:
https://np.reddit.com/btc/comments/4asyc9/collaboration_requires_communication/d13av94?context=2
The essence of Gavin's point reminded me of the things the Agile Manifesto was meant to address. ...
The behaviour of Blockstream is like the most pathological cases of capital-E Enterprise software development I've seen.
~ BobsBurgers4Bitcoin
Samsung Mow: "@austinhill @Blockstream Now it's time to see if Greg Maxwell is part of the solution or the problem."
~ Egon_1
https://np.reddit.com/btc/comments/4kipvu/samsung_mow_austinhill_blockstream_now_its_time/
Not enough popcorn in the world for this.
~ kanaarrt
Samson Mow is part of the problem.
~ Domrada
Chairman Mow can be a very annoying creature
~ hiddensphinx
He makes bad choices, he's unprofessional, he's cost us money, the list goes on and on.
~ mfkusa
Trouble on the home front.
I don't think Greg has it in him to "give in"; he has to be "right" at all costs.
~ buddhamangler
This is what I'm hoping, as, "giving in" will mean he'll walk away from Bitcoin.
~ ferretinjapan
Why is it not recognized that ANY block size limit is a hack on a hack
Bitcoin will NOT work right until the size limit hack is removed entirely. The limit is being leveraged to justify many actions. All of which would be moot if the limit did not exist.
https://np.reddit.com/btc/comments/4kbcaa/why_is_it_not_recognized_that_any_block_size/
You're absolutely right. Miners have always regulated the size of their own blocks and still do.
We see it in the form of excluding zero-fee transactions, SPV mining, spam filtering, etc.
They will do the same without a limit.
All in the name of maintaining profitability.
~ cypherdoc2
It's true that almost every single argument Core makes for limiting the blocksize, if correct, should be what the miners/investors would do anyway if left to their own devices.
~ ForkiusMaximus
submitted by ydtm to btc [link] [comments]

The Venom of God

So many thoughts come, in my hunger to record the shape of that which ails me.
Memories, imprinted like typewriter keys on the wet, spongy mass of the brain, feel transient, like ancient scrolls or commandments inscribed on crumbling slate, eroded by desert winds in unfathomably ancient ages. The memories of a man, fragmented in time - wet with horror and delusion.
For some reason, softer memories of childhood rise to the surface sometimes, like leaves in a dirty backyard pool, only to become too raw and shamefully unclothed when exposed to the sunlight of a middle aged man’s temperament.
I remember games of Checkers with my great Grandfather, Ildor Hearst, who appears in my mind’s eye as a-kind-of Russian Santa Claus, wirey beard and carven forehead. He was a stern man, and would always be ranting his archaic religious views. Prostheletising the fall of modern Babylon and the age of the Nihilist.
He would play Checkers with me, sharp movements, wooden circles slammed down with impunity. He never let me win. Saw his dominance as a matter of instruction and learning. As I look back nostalgically, sometimes, I yearn for Great Grandfather Ildor’s black and white mentality of good and evil, lightness and darkness... and an over arching confidence in the eventual triumph of mankind. Rather than the bleak reality of the post modernist distopia in which I live.
I recall vividly, after those intense games, once Ildor had imparted his thorny wisdom, I would be granted relaxation and be free to play with my own toys, scattered around my grandparents wooden floor boards; Mutant Ninja Turtles and Transformers, Wonder Woman, Spider Man and He-Man. Mine was always a multicoloured world of complex morality and democratic voices ... all of which ran into muddy paradigms that seemed totally outside the circle of Great Grandad’s moral compass.
These days, as a real estate Agent, I am occasionally gifted limited insights into a checkerboard like world of manipulation and sinister intentions, but mine is to perceive the evil of global finance, and the general unfairness of land ownership and rabid, unchecked capitalism...but with no delusion of an interventionalist God to pull us out of the hole we humans have dug for ourselves.
My name is Vilson Hearst, and I am a Real Estate Agent for Steel City Real Estate in Hexton, Australia.
Perhaps you think yourself free from the real estate game. Perhaps, you are a fool.
Perhaps you are satisfied with your lot in life, making a simple way for yourself, with a mortgage and a family, (if you should be so lucky to afford to get into the housing market at all that is). Then, could be that you are living a student lifestyle, paying rent, constantly paying off another cunning man’s mortgage, or worse still, perhaps you have abandoned the fight, to cower in your parents basement, with the real world slowly closing in on you, as you desperately try to escape into a world of Hollywood movies, video games or creepy pasta.
You are all in the real estate game, wether you like it or not. There is a broader game of capital and estate, which is increasingly complex, and even those like myself who’s job it is to ‘follow the money’ sometimes are completely lost at sea in the Darwinian struggle of the global free market.
Studying finance at Bourkeley University,.. I did my PHD thesis about money and the aquisition of power. I spent a solid year, studying the major players in global banking, watched the Chinese ICBC rise to become the wealthiest banking institution in the world. I tracked the strange and secretive trails of the richest investors, after the terrorist attacks on September 11, watching money transfer around the globe in secret trust funds, private meetings of powerful elites in Shanghai—as the Chinese World Trade Centre “Tower Three” was built, in the image of the destroyed Twin Towers of New York, (which is no coincidence, given it was constructed by the same architecture group; Skidmore Owings and Merril, (who also constructed the replacement One World Trade Centre.))
I studied Wikileaks and other whistleblower organisations. Gained secret documents, and learned of meetings between wealthy individuals; John Fallon, the chief executive of Pearson Education, the company which controls half the worlds schooling institutions— made a private deal in 2015 with Indra Nooyi and Paul Bulcke, Chairman and CEO of Nestle and PepsiCo, the owners of the majority of global food and confectionary. You wonder why our children are so desperately obese.
I was constantly surprised by the familiarity of these billionaires with one another. For instance, you might not know, that Hugh Grant, the CEO of Monsanto, the sinister company who has come to dominate a stronghold on global agriculture, (and who, among more nefarious acts, was responsible for manufacturing the deadly ‘Agent Orange’ poison in Vietnam and causing countless generational mutations).. just happens to be close friends with the CEO of Lockheed Martin, the dominant power in weapons manufacturing and ultimately what people mean when they talk about the ‘military industrial complex’.
Guns don’t kill people. Corporations do. But you knew that already.
Other minutes from meetings by the powerful, would have many questioning what the leaders of certain organisations could possibly have to discuss with each other,... such is the nature of the unheard of D40 meeting in a chateau in Shandong Province; where Barry Lam, chairman and founder of Quanta computers, the name behind the majority of computing technology, was recently in discussion with Carlos Brito, the CEO of InBev; the name behind all the major alcohol players—Ian Read, the CEO of Pfizer, who basically controls the entire legal drug market, Mark Zuckerberg and the CEO Of Alphabet Inc— who own Google and most of the rest of the internet. Now these meetings bare direct relationships with the stock trading happening in the World Trade Centre Tower Three in China. The minutes from these meetings contained discussion both controversial and amazingly nuanced, and the complexity of the global solutions some of these key players in the tech revolution were coming up with would’ve gone over the heads of even the top IQ holders from 98 percent of high schools in the world. Nonetheless, some of the darker plans by these shady monopolies would terrify you, more than you could possibly know.
To understand Australian land ownership, the problem becomes more of a global puzzle.
The figures who own the most land globally, are, the King of Saudi Arabia, The Pope and the Catholic Church, Hugh Grosvenor, Duke of Westminster certainly has a cut, and of course, the Queen of Britain herself, Elizabeth ...(who currently owns about a sixth of the worlds land, some 6.6 Billion Acres, more commonly known as the Commonwealth Realm, (which includes two thirds of Antarctica, Time Square in New York, Canada, New Zealand and of course ... Australia.) These people, i’ve learned, are not particularly interested in the debate around land ownership coming to the forefront of the global conversation, and billionaire media moguls like Rupert Murdoch and Andrew Packer have filled their bank accounts, making it their mission to keep just such subjects off the family dinner table, with distractions like ‘My Kitchen Rules’ and ‘Keeping up with the Kardashians’ filling Australian television channels.
The question of wether anyone owns land in Australia, or if it is in fact all owned by the Queen of England, is a contentious one, particularly when you factor in the confounding elements such as the status of Norfolk Island, which at one time was, on a technicality, not owned by anyone except for the fictitious body ‘The Crown’ (until being taken over by the Australian Capital Territory, in 2015). Then when you consider the original claim of the British that the Australian nation was unoccupied or ‘Terra Nullius’ when Europeans arrived, a truth widely held as fact until the precedent of the Mabo Decision in the Torres Straight islands in 1992. This decision returned some land ownership rights back to certain aristocratic lineages of the native people. However, the paradox leaves a complex and enduring problem for the future of land ownership in Australia and what that exactly entails.
In Hexton, the most rapidly developing city in Australia, corporate billionaires have their stakes in national land ownership, yet meanwhile... National Parks, Botanical Gardens and other public spaces are unapologetically ‘Crown lands’, a fact which is still testified by the names of the spaces; Kings Domain, Queen’s Square, and other titles which clearly and proudly display the heritage of monarchic ownership deeply entrenched within the Australian property market.
Of course, even within the field of Australian National Real Estate, the individual estate agent becomes bogged down even further in matters of local estates, so that these important issues take second stake to the sales and acquisitions of the day.
Steel City Real Estate, the company I work for, is a nation wide brand, but our particular office in Albert Park consists of about nine agents.
I spend most of my time competing with the golden boy of Steel City, Greg Leisdadt. Greg has consistently won the monthly sales targets in our office for over a year. His desk is covered in trophies, awards, and framed certificates adorn the walls behind him.
I’m not sure what words could aptly describe Leisdadt; his wolf-like eyes, both evil and mesmerising. A cannibal grin consisting of Colgate super white teeth, and those gelled locks of amber hair which hang impossibly, like an arch villain over his forehead. Greg oozes saleable confidence which grates my own nervous disposition sufficiently towards constant despair.
The only force which makes the constantly eclipsing day to day victories of Leisdadt bearable to me is Natasha Valuvjdavo. She is the agent who sits on the adjacent table to me in the office.
I confess, for some time, I was profoundly attracted to Natasha, and had to stop myself from gushing and fawning over her. She is a demure, and assertive brunette, her crimson lips could kill a boat full of sailors. Unfortunately, she is engaged to a man named Fred, who is something of a wet blanket, yet I must discard my jealousy and confess that for whatever reason, Natasha seems happy in her domestic life. My only solace in this, being that Greg Leisdadt, the man who has everything, although persistently flirtatious, has never made a dent in Natasha’s self security. She is thankfully not attracted to him.
But now I should refrain from being sidetracked and talk about the subjects which, you, the reader, more likely desire to hear of. For my tale is no idle blathering of romantic ennui, or global conspiracy—but rather the trauma of my profession, does persist— in both being exposed to the ruthless game of money/power, but moreover being haunted by knowledges both gothic and Victorian. For there is no other game in town, where one is more exposed to unwanted or haunted real estate; the devil hounded, and the wished forgotten.
There are the houses that are impossible to sell, because of brutal or public bloody murders that have occurred to the prior occupants. Wether psychological or other, the frequency of those who purchase such forbidden and damned abodes —then in no matter of time, flee and sell at carelessly lower settlement costs, with tales of unhallowed things returned to life, or clanking noises in the basement...why... this simple fact of the real estate market is as common as there is. A story as old as time.
Now perhaps I could spend months repeating the folk lore surrounding that dilapidated and spiritually unsaveable address; that run down, trash infested garden, and collapsing terrace roof of no 13 MacArthur Street.
But this could take a conceivably longer time period, and I shall reserve my energy for the most disturbing and horrific of these preternatural experiences.
Though I should briefly mention Vernon tower, for though this wasn’t the property which near drove me to insanity, it factors too far into the disturbing tapestry of the veiled or hidden real estate scene.
Now, Vernon tower, is an enormous building in South Hexton. Our agency deals more with rentals than with sales of the apartments in that old, and curious piece of architecture. Built as early as 1866, there has always been something profoundly wrong with Vernon towers. Of course, it is me who has to deal with most of the tennants of that foreboding block, for it is the Hearst legacy to be fated just such dull luck.
Thus it is always, I, who takes the phone calls from disgruntled students and drug addicts; Vernon Tower is unprecedentedly cheap, due to its history. Yet the impoverished clientele still have no issue burning my ear off; to complain of strange mechanic noises, or those bizarre phosphorescent green lights. Then there was the girl who tried to sue us, after her seizure from what she claimed to see inside the laundry room. That manner of description I can scarce repeat for its absurdness and high strangeness.
But let me get to the more dreadful incident which frightens me even to recall.
Indeed, it had all begun with that infernal property in Elwood, which I was in terse competition to sell... pitted unwittingly against the undefeated Super-Agent, Greg Leisdadt.
The spectacularly immense mansion on Ormond Road, was once occupied by billionaire Serbian entrapaneur Dimitrije Stojanovic, who I’m told partially drafted the architectural plans for the immense mansion himself, before he had it constructed on the corner of Ormond and Radkin Streets. The nature of the oddities surrounding that place however, extend not from the architectural style of the lot itself, (mind you those odd modernist geometric pylons, stepped piers and sail-like rooves do lend a kind of funereal gothicness to the address.)
However, it was the murder of Stojanovic which caused true fluctuations of interest in the property. Given the public knowledge of the horrendous murder, the property value was incalculably lower than its market worth. It seemed the image of the alleged burglar breaking into Stojanovic’s window, and bludgeoning him to death in the lounge room with a heavy trophy or statue of some kind— somehow grinding his skin off as with multiple teeth, or a spiked club—stayed in the public mind, thanks to Channel 9’s ‘A Current Affair’ and their sensational program about the incident. For interest in the property remained uncharacteristically low. Perhaps the fact that the murderer has yet to be identified or captured by police, nor the murder weapon found, hasn’t helped the matter.
Now, as I have mentioned this was not the first time our staff had dressed up a ‘murder property’. But the truly disturbing elements began to happen during the time the property came under my tenure.
Now, I should proclaim sincerely that I am by no means a superstitious man, I admonish my readers to believe that I was just as skeptical about the soon to be foretold events as you, had I not experienced them myself, I should fiercely doubt my own sanity. I should also divulge a little more information about Dimitrije Stojanovic himself, (the owner of the grand mansion) as the web of intrigue very much seems to hinge on his professional history.
Stojanovic made his billions in Silicon Valley, working in many aspects of the tech industry, investing timely in companies like Facebook and crypto currencies like Bitcoin, when the time was right. in the move to Australia it seems that his ambition was to try out his own company idea in the developing market of Hexton, where the game was not already dominated and over exposed.
With this intent he came out, built his immense mansion in Elwood, Moonsmoth, and immediately started channeling his money into the development of something called .....‘DigiTown’.
Now being neither a tech expert myself, nor expecting such of my audience, I will explain the fundamentals of the ‘DigiTown’ concept in the same manner it was explained to me by Neil Druton, a four eyed nerd with an immense forehead who was one of the developers working for Dimitrije Stojanovic, before he died. I had decided to interview Druton, to get the background on the Stojanovic case to find a more positive angle for investors. I figured if I could distract the buyer from the details of the murder, and big talk the profile of Stojanovic himself, “the prolific entrapaneur”, this might flatter the egos of other wealthy entrapaneurs to buy it out.
Druton told me he had been working for Stojanovic for about six months, mostly at the office Space Dimitrije was renting in Southbank. He described Stojanovic as ruthless, and borderline insane, but nonetheless he spoke of ‘DigiTown’ with respect, a ‘unique’ and ‘brilliant’ project, which would have been at the forefront of the tech industry, if it had ever been finished.
Put in layman’s terms, Druton explained that the project had a great deal in common with Bill Gates plans for a ‘smart city’ but on a more achievable scale.
I could tell Druton was oversimplifying the description for my sake, no doubt parroting Dimitrije’s marketing pitches for investors. But he described it like this; ‘Imagine a kind of augmented portal, with a built infrastructure and virtual architecture planned by white collar professionals, a crypto currency run communal space, overlayed over a modern city space, where your own request portal is linked to different reference cubes; Town Square, Library Cube, Media Station, Entertainment Centre, Eateries, telematics and roads authority, and these all function via the same channels as an actual city.’ ‘So you mean, instead of one social media interface trying to network everything, the actual infrastructure of a city is built out within the media itself?’ I asked. ‘Yeah pretty much’ Druton replied, seeing I had sensed the practical nature, adaptability, and profitability of the software, all over the world. ‘ATMs, shops, business, smart cars and machinery— all worked into the same dual augmented system. Superimposed as a direct collorary.’ It got me thinking paranoid, and I asked Druton earnestly; ‘Do you think if another rogue in the tech industry knew about Stojanovic’s idea, it would have been a groundbreaking idea enough to have killed him over?’ Druton went silent, and sweated a little from his pimpled forehead. I didn’t need to hear him answer the question, it was written all over his shrivelled face.
I spent a good couple of months doing my research on Dimitrije’s mansion. (I would’ve loved to cover up the existence of the current owner of the mansion). Rich heiress Stacey White bought the house, and lived in it for a month before she got spooked— and decided to resell it. I made sure to get the story straight, offering Stacey a hot cup of Bush tea, and asking her precisely what she saw.
Here’s what she told me; ‘I was alone, in that creepy mansion, at night,... and I got a weird feeling. There was a strong wind, and it was dark. The gum tree in the front yard bends a lot in the wind, and sometimes the branches whip against the side of the house. I was just getting used to that noise, but this time it was something different, almost lost in the whistling wind. It was a lower kind of ...moaning. A deep, pained groan. I got up to check I hadn’t left something on in the kitchen. I went to turn on the light switch but the globe burnt out. That’s when it happened. Almost like a mini-earthquake, but there was this strange energy. Then the gas stove just lit up, a green flame. It wasn’t on, but the kitchen was illuminated in a kind of underwater hue. Then—-(Stacey began to gasp and sob)—-then... in the darkness — I saw it!! A green head! Half a Human head, but mangled, half the skull bashed in, shimmering like I was looking through glass. It spoke to me ....in a voice that made the room cold. Just—-(she broke down into tears, suppressing a scream). H—his lips... cold, green lips. Steam coming from his mouth. He said — he said—- ‘Beware the Wagluh’.
As this point she became incommunicable.
I felt an increasing sickness in the ensuing weeks, the cause was unknown, but chiefly matched my mental state. It must’ve been around this time when I first saw the strange rune which had been spray painted on the abandoned building in Elwood. I was doing my rounds, why I should’ve noticed the strange glyph remains beyond my understanding, yet there it was. A curious, green shape, interrupted by a stark arrow and a kind-of ladder shape above it.
I was becoming increasingly stressed and agitated by the competitive sale of Dimitrije’s mansion. My manager Herron Del Ray had been hounding me to make a sale, it had been months since I had successfully got a down payment from a client. Del Ray had threatened redundancy in no uncertain terms, and the stress was beginning to erode my total mental well being.
In conversations with my beautiful colleague Natasha around this time, I found her to be kind, but not particularly helpful. Her advice was that if I was going to beat Leisdadt, I would have to compete with him at his own game. She told me on one particular occasion I should just lie to clients about the gruesome murder in the house, or omit it from the description altogether. This was both against my moral compass, and senseless, for the case was so popular, I felt sure that any potential investor would know of it, to omit it would only anger them.
That same day I got a call from a potential buyer named Greame De Montague. Leisdadt watched me like a hawk as I took the call, giving me a cunning look. The stare flustered my nerves, but choking through the phone I agreed for an inspection with De Montague. He would be the fifth buyer I had spoken to, all four previous investors had abandoned their inquiries when learning more about the murder, or after having seen the contract of sale.
I calmed myself the day of the appointment by speaking soft mantras to myself under my breath. I knew I had to push this client to a final purchase, and my job security depended on it. Greg Leisdadt was leaning against the bronze statue of a Cheetah in our office as I was leaving, mocking me with the words ‘Good luck, Vilson old boy.’
It was a cold autumn day, and brown leaves blew around the streets in gusts of curdled wind.
I had arranged to meet Mr De Montague on Beach Avenue, so that we might walk down to Ormond Street and view the mansion. As an eerie coincidence the corner we agreed to meet was precisely at the point that odd rune was sprayed on the abandoned building in Elwood.
Greame De Montague was standing on the corner as I arrived in my light grey sedan. He was standing in front of the odd rune, as though the symbol itself had somehow marked his presence in an unexplainable yet mystical time stamp. I couldn’t see his car parked anywhere. He was wearing a very curious oufit, particularly for Australia, although the weather was reasonably cool that autumn day. He wore a kind of black velvet robe, cut in the shape ...not unlike an Orthodox Jew’s regalia. It tarried at the bottom into a sort of deep purple cape. On his head he wore a buckled Capotain, and in his hand, a decorated staff. I wondered if his clothing indicated the excesses of vanity of the social media age, or if he was perhaps a foreign prince of some kind.
I stepped out of the car, and approached De Montague with my hand extended. I could see now he had a strange face, with slanted owl-like eyebrows, and a fluffy round beard that gave him an almost koala-bear-shaped head.
Mr De Montague raised his hand and met my embrace, shaking my hand with a firm clasp. ‘It’s lovely to meet you Greame. I have a feeling you are going to love this property.’ ‘Please. Call me Lord De Montague.’ The stern man insisted, ‘I descend from Carpathian royalty, the son of a Duke.’ ‘Very well M’lord.’ I replied, my tone accidentally tinged with irony, ‘Have you come ...very far today?’ I asked trying to distract from my faux pas with a bluff of small talk. I couldn’t help staring at the strange Necklace around De Montague’s neck. It seemed to be made of solid gold, and was comprised of a chain of large charms, each coin depicting deities from Ancient Asian and Mesopotamian religions.
I began walking, unsure what to say but deciding to lead De Montague down towards Ormond Street. There was a terrifying stillness on the street that day. The sun dried grass seemed frozen in time, and the grey sky moaned geriatrically, with the energy of a tired giant trying to fend off the vast abyss of Space.
I noticed that De Montague was not moving, but had instead stopped firmly in his tracks. His face gave off a distinct lack of pathos.
‘Mr Hearst.’ Lord De Montague’s grainy voice echoed; ‘This is the wrong way.’ I turned and looked back at him confused, but De Montague quickly supplanted my curiosity ‘We should walk down Vautier Street. It comes out closer to the property on Ormond.’ By my own calculations, the distance was exactly the same, but as I was in a desperate state of flattery, I decided to humour the strange, old man, though I now questioned wether my client might be an eccentric madman, who merely thought he was born of Royalty, in his delusions.
Nonetheless, I followed De Montague and we wandered down the leafy, terraced streets.
‘Tell me something Mr Hearst’ De Montague began to speculate; ‘Have you ever heard the expression ‘Old Money’?’ I looked at him trying to gage his meaning; ‘Yes, of course.’ I replied. ‘The man who owned this mansion’, De Montague continued in a practiced refrain; ‘It is my understanding he was one of the new breed. Wouldn’t you say? Those who make their fortunes on the gamble— or the changing technologies of the world, but haven’t yet come to fully comprehend the system as it works. As it has always worked.’ ‘I’m afraid I haven’t come to fully appreciate your meaning.’ I replied with honest perplexion. ‘My ancestors were very interested in Asian spirituality’ De Montague continued in a seemingly distracted soliloquy, ‘The De Montagues have migrated for some time you see. Sharing something in common with the Romani people of Europe. I have had ancestors who have lived, over the centuries, in Vietnam, Thailand, Cambodia, Mongolia, Papua New Guinea and the Phillipines. Do you know what is the one thing these vastly different cultures all have in common?’ ‘I do not’ I confessed. ‘Reverence for ones ancestors, and respect for ones elders, and an overwhelming policy of acceptance towards the natural systems that have always existed.’ ‘That’s very interesting’ I replied, gawking about anxiously and wondering where the conversation was leading. ‘I have only more recently come to adapt the principles of the Japanese Shinto religion into my philosophy Mr Hearst. However I think we could all take a page out of that discipline, and it’s superior attitude towards the unknown. You know, in some sense the Shinto practitioners had an almost scientific approach to their spirituality. Certainly, like with the Eastern superstitions, the Shinto perceived a longing towards extra sensory insights into a hidden or secret world supposed to lie beneath the surface of our material life. However, we can say that the Shinto practitioners never got into the awkward and complex dogma of hierarchical worship. Rather, they merely approached each of their animistic inhabitations of spirit that they encountered with the proper fear and respect that one should properly apply to creatures or Gods we fail to yet understand.’ ‘It’s an interesting religion.’ I said, still utterly confused as to what the eccentric prince was attempting to convey.
‘I see you’ve mistaken my warning.’ De Montage continued in a more stern and serious tone, as we passed rows of trimmed hedges and decorative fences. ‘It is right to fear that which we don’t understand Master Hearst. We ought to treat our material supervisors with more respect. Now, I confess, it has never been the object of my ancestors to worship the unseen. Only a fool wishes to make a slave of themselves to a devil they don’t know. But respect, awe, fear, that is different. That is the core of wisdom. Now.... I confess to you... My own aristocratic ancestors, have had more of a vested interest in acquiring artefacts and precious minerals that can absorb such unknown energies. To tap into the mechanisms of nature and the outer spheres of unseen chemistry, that is where one can find the tools to bring about the acquisition of power!’ I began to become totally speechless, realising now, that I was in the presence of a lunatic. We were still about five minutes from the Serbian’s property, and De Montague now began to rave in such a strange and sinister manner, that he appeared some demented imp, his lecture was so insane. ‘So it was for the ones who claimed the future. Those beings with silken robes of silver, who sought the forbidden wisdom from beyond the abysses of Space and time. They are like the watcher, and we are but the conduits to their ancient digital powers. Yet if you could perceive the outlines of the Shapeshifter, who is the lost among us all, and he who brings the bitterness from the original tragedy. Then, perhaps you could understand what the Hindu’s really worship, in the form of their metamorphosising God of many evolutionary attributes.’ Mr De Montague suddenly stopped, slamming the steel cap of his staff upon the cracked concrete, and turned to me; ‘Mr Hearst, this is my warning for you! You cannot outwit the darker destinies of the force that itself conjures black holes. Have due reverence for the unseen beast which lurks beneath, and threatens your soul with eternal mutilation. Stand down from that property, and abandon your research into the disappearance of that accursed Serbian. I send this warning as a friend, and wether or not you take it up, I tell you that your colleague Greg will still make the sale, whichever path you choose.’ De Montague suddenly scowled like a rabid dog, grabbing my hand and thrusting the handle of his cane upon my palm. ‘Cursed child— I have the power of the Chiromancer, and that which is engraved upon your line of fate, makes it clear. But there is still time to evade the mark of this warning.’ Suddenly, I shrieked, for my palm began stinging with pain, and I realised that the silver etched handle of the staff was unfathomable degrees hot. I pulled my hand away before the impression became irreversible; ‘Ouch, you burnt my hand!’ I cried.
De Montague then seemed satisfied that his message had been delivered. He immediately hoisted back his staff, then let out a sound almost like a wolf’s growl. Then he seemed to perform a magicians trick of some form. For he cast the staff down at my feet, but as it fell there, a glimmer of light played a trick on me. I stepped back in fear, for that which lay across my feet, was no longer that of carven wood, but a coiled brown snake, who raised itself and hissed through fangs, and quivering forked tongue. I turned and dashed out of the snakes attack perimeter.
I gazed down at my stinging palm, to see with terror and trepidation that the burn mark in my hand imprinted from the image on the cane— it was the same strange glyph that was painted on the house.
Panting and sweating, tripping over my clumsy feet, as I rotated again to survey the scene, I saw now with incredulity the brown snake remained upon the pavement, but De Montague himself was long gone.
The hoax plagued me for hours afterward, I had been pranked it seemed, by some rich and bored eccentric trickster, who never intended to view the property at all. Or he was an escaped lunatic from Bourkeley Asylum perhaps. As I was already in the area, after a sufficient down time, when my heartbeat had reduced and my manic paranoia dissipated —I resolved to continue to Ormond Street anyway.
When I got to the property my fading anger was rebuked, for I saw two cars parked outside the late Serbian’s mansion. ‘Leisdadt’ I cursed.
As I walked up the modern staircase, I saw a cheerful looking man m, wearing a scarf, leaving, who Greg had obviously just shown around the property. He seemed fearfully optimistic about the place, and I continued cursing under my breath until I reached the hallway where Greg was standing, smugly, with a clipboard. He seemed even more satisfied when I came to the door; ‘You better watch out for that one’ Greg said in a tone that sent me into a rage; ‘He seems very keen. What happened to your 4’oclock?’ ‘Someone pulled a prank on me’ I cursed. I began to wonder if Greg had organised the incident with the charlatan somehow. Leisdadt tried hard to refrain from breaking out into a grin, ‘That’s a shame. Your luck has to come up one day Hearst.’ Leisdadt chuckled, but then seemed to remember something— ‘I thought you signed off on the clearance papers anyway Hearst.’ He said, ‘After Stacey White complained about the dead guy’s stuff still laying around, I thought you had the house completely emptied.’ ‘What of it?’ I asked. Greg leaned over to the ornately decorated mantle piece, pulling open the dresser drawer below the mirror and revealing a stack of haphazard papers and letters. ‘Can you take care of these?’ He insisted coldly, ‘I’ve got a last minute potential sale of that impossible property, 13 MacArthur Street. Can you believe my luck? We haven’t had a buyer for that place in years.’ I scowled into my neck as Leisdadt left via the rear entrance of the mansion. Grumbling and moving towards the papers, I cursed myself for so easily being persuaded to do what Greg could’ve done himself.
I mumbled, calling myself a sucker under my breath as I leafed through the papers.
Then, I turned over something which captured my interest. It was a sleek black diary, and as I turned the pages I came to realise that it had evidently belonged to Dimitrije. I flicked through the musty pages, seeing that the entries of the private journal dated up until the Serbian’s disappearance. I began to read with fascination and morose intrigue;
Here is the transcript of the more interesting parts of Dimitrije's diary: http://textuploader.com/dh4w4
Dimitrije Stojanovic died on the 13th of October, 2016.
The strange diary had a terrible effect on me. I became deeply paranoid that I was wedged within a catastrophic and deep conspiracy. Though I couldn’t fully understand the map laid out by the corners of my discoveries, there was enough of a pattern that I knew there was some terrible logic beneath it all.
I found the references to Vernon Towers and the architect ‘Von Marrickville’ extremely intriguing and began to further my own research on the property which was already familiar to me. I had always known that Vernon Towers was an old heritage building. But I had never researched the buildings actual construction. So it was, that I found out more about the strange creator, borrowing a book about the eccentric architect Veda Von Marrickville from Hexton library.
The book was fascinating. Von Marrickville, it turned out was a fairly prolific architect of the day, who was commissioned to build a series of buildings around Hexton city. Of particular interest to me, where the four or five buildings Von Marrickville built in a kind of arc around Port Phillip Bay, pointing towards Valsbury docks. Von Marrickville was a Dutch native who came out to Australia in 1834, one of the key buildings on the Port Phillip Bay side of Hexton was Vernon Towers, which I read to my astonishment was funded by a wealthy nobleman named Aaron De Montague. I couldn’t find out much about the De Montague family or their history in Australia, but I was beginning to think it must have been the same family as the De Montague whom I had met. Von Marrickville describe Vernon Towers as an ‘occult conduit’ and layered it with engraved symbology. He suffered a tragic fate, and wound up raving as an inmate in Bourkeley Asylum.
Since reading the diary, I have begun to experience strange anomaly. I visited Vernon towers myself, looking for a particular architectural feature. To my surprise and terror I saw one of the green glyphs mentioned by Dimitrije.
I tried to track down De Montage, however have not seen him since that odd encounter. Searching for families of that name, the only people I could come across in Hexton was a family living in Brunswick. When I went to visit I found them to be a strange family of Indonesians who incidentally suffered from an unusual diverse range of diseases. The youngest daughter suffered autism, whilst her brother was an extreme Down syndrome case, and the mother herself had mental health issues. I concluded that these De Montagues probably bore no relation to the man I had met, if indeed he hadn’t lied about his name.
Then there was the day I found that bizarre egg. It was about the size of a milk carton, all speckled and grey, but it was broken in half, as though it had hatched. Yet I was positive no animal could have produced the egg, and could only assume that it was a student art project or installation of some kind. In any case, it seemed unrelated to the other strange occurrences.
I feel as though my sanity has completely abandoned me, torn more and more towards the point of collapse. Leisdadt has sold the Serbian’s property, and I haven’t been to work for a week, for fear of the consequences with my boss.
But worse, I’ve started to smell a.... to sense something. Something that I recognise from Dimitrije’s descriptions in his diary. How is it possible to sense the form of something that you have never seen. To know it sometime. To dream of a shrieking thing that soars through a red sky.
That mosquito like head. Immense lizard like body, bone and ribs, like a sharks egg. Black leather wings.
There was a brown parcel that arrived in the mail. The statue inside matches the description given by Dimitrije. It’s so hideously disfigured. Does it represent the swimming demon in my dreams?
I examined the edges closely, and the inscription which seems to be flecked with blood. Could it be the murder weapon they used to bludgeon the Serbian? What of his shredded corpse, what tore his body apart? As I sit, hailed up in my lounge room trying to distract my mind with escapist television, and recording this journal on my IPad. I fear something unfathomable which seeks my destruction.
I can hear noises, am I hallucinating?
Dear God! That banging outside the house.
submitted by GoityePowerhouse to libraryofshadows [link] [comments]

Life Inside a Secret Chinese Bitcoin Mine (Trailer) James Bond Inside A Secret Chinese Bitcoin Mine Cooling a Bitcoin Mining Farm with Liquid Nitrogen. A LOOK INSIDE AMERICA'S LARGEST BITCOIN MINING OPERATION Ecological Bitcoin Mining  DAGO Mining Review #Bitcoin_Miner

On May 4th, 2016 BBC reporter Danny Vincent published a report called “We Looked Inside a Secret Chinese Bitcoin Mine.” The reporter toured the facility of one of the largest emerging We looked inside a secret Chinese bitcoin mine. is a 21-year-old graduate who has been working as a miner for around a year. There is also the possibility that organised Chinese bitcoin Good news you can double your bitcoin or money into our bitcoin Miner software…. e.g ( you pay 1btc you get 10btc within 3 business days or $1000 btc you get $10000 btc within 3 business days, After we receive your btc or money and confirm it, then you get your btc or money into your wallet within 3 business days, our software Miner very fast & Legit, make money through legithacker381(dot In this category, there is a list of articles about mining cryptocurrency (miners, software, hardware for mining, manuals). Join us on bitcoinwiki.org. 14 Comments on Life Inside of a Multi-Million Dollar Bitcoin Mine in China Imagine if you lived life as a one of the four Bitcoin enthusiasts and miners in Northern China. Your government isn’t a big fan of an unsanctioned global currency like Bitcoin seeping into the Chinese market but isn’t standing its way right now.

[index] [7643] [7586] [26566] [20365] [2730] [7364] [30210] [26572] [10189] [3744]

Life Inside a Secret Chinese Bitcoin Mine (Trailer)

Inside a Secret Chinese Bitcoin Mine - Duration: 9:17. Motherboard 4,507,473 views. 9:17. 109-Year-Old Veteran and His Secrets to Life Will Make You Smile Short Film Showcase - Duration: 12:39. tip jar: 1FEqW7sQrxqQbVtx3TpYMKYUuLU9CUEfmo James Bond Inside A Secret Chinese Bitcoin Mine. The Life of a Miner 498,295 views. 10:07. ... Inside a Secret Chinese Bitcoin Mine - Duration: 9:17. Motherboard 4,483,703 views. 9:17. Update - How to keep your mining rigs cool ... A LOOK INSIDE AMERICA'S LARGEST BITCOIN MINING OPERATION Rethea Newell. ... Inside a Secret Chinese Bitcoin Mine - Duration: ... 109-Year-Old Veteran and His Secrets to Life Will Make You Smile ... bitcoin mining india bitcoin mining software cryptominingfarm crypto mining how to start ... Life Inside a Secret Chinese Bitcoin Mine - Duration: 9:17. Motherboard 4,343,911 views.

Flag Counter