--- Log opened Sat Jul 13 00:00:51 2024
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02:51 < tppellegrino44> Hi all. I represent a team of developers involved in a project to reissue Bitcoin, who want to work closely with bitcoin core developers to integrate with the bitcoin community and decentralize their network. Please advise. Thank you.
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03:25 < tppellegrino44> Hi all. I represent a team of developers involved in a project to reissue Bitcoin, who want to work closely with bitcoin core developers to integrate with the bitcoin community and decentralize their network. Please advise. Thank you.
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04:03 < bitcoin-git> [bitcoin] TheCharlatan opened pull request #30447: fuzz: Deglobalize signature cache in sigcache test (master...fuzzScriptCache) https://github.com/bitcoin/bitcoin/pull/30447
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05:32 < bitcoin-git> [gui] knst opened pull request #828: fix: rendering an amp characters in the wallet name for QMenu (master...fix-qt-wallet-underscore) https://github.com/bitcoin-core/gui/pull/828
05:32 < bitcoin-git> [bitcoin] knst closed pull request #30446: fix: rendering an amp characters in the wallet name for QMenu (master...fix-qt-wallet-underscore) https://github.com/bitcoin/bitcoin/pull/30446
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15:45 < tppellegrino> Few questions about a bitcoin project. Was referred to IRC. Who should I ask
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16:45 < achow101> tppellegrino: ask your question, there's no need to ask a specific person
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20:37 < tppellegrino> achow101 I'd like to tell you the question first. Then you can verify it's a question I should ask the group.
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20:39 < gmaxwell> tppellegrino: thats not how IRC works. You don't ask you ask, you just ask. If anyone can help they'll answer or suggest a better place.
20:39 < tppellegrino> Ok.
20:39 < achow101> tppellegrino: it's as more of an inconvenience for all of us to go back and forth on whether the question is on topic. Just ask it and if it's not on topic, you'll be directed somewhere else
20:40 < tppellegrino> Sure. One moment.
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21:37 < tppellegrino> (Backstory)
21:37 < tppellegrino> I… missed the Bitcoin craze. In 2009 I was running BOINC on my computer dreaming about “renting hard drive space” like real estate. For years I had no idea what bitcoin really was. I invested in a bitcoin mining stock in 2015, HSHS, it went bankrupt. I never even checked the price. I like to go to the park and I’m a musician. But in March
21:37 < tppellegrino> 2024 I randomly googled bitcoin and noticed the price. $70K. I researched and found it started at $.00099. And investing gurus predicting a price of $1M in 2030. I once heard someone say something about “the exchange rate”….. I always wanted to be a trillionaire and cure diseases. I have big “crazy” ideas about solar panels that don’t
21:37 < tppellegrino> break and innovative ways to make alien contact. I love Lord of the Rings.
21:37 < tppellegrino> I immediately researched the Bitcoin white paper and realized Satoshi Nakamoto was a genius, someone like the 1995 movie “Hackers.”  I realized, if I had known about it, I would’ve mined it since 2009 and been one of bitcoin’s greatest proponents. I know you all are. But I thought to myself, what about everyone else who missed the Bitcoin
21:37 < tppellegrino> craze? The Bitcoin suicides? What if we had a chance to do it all over again?
21:37 < tppellegrino> I researched Bitcoin mining companies and found they operate at a loss, and every one of their stocks’ 52-week lows are down at least 75% off their peaks. RIOT is 99.97% off its all-time high. Don’t these companies want to recapture lost glory, and actually generate Net Gains?
21:37 < tppellegrino> So I came up with a trillion dollar plan.
21:37 < tppellegrino> (Bitcoin21x project, mining and trading)
21:37 < tppellegrino> I commissioned a blockchain company to make a new coin, just like Bitcoin, called Bitcoin21x, exactly like Bitcoin but people don’t have to wait 21 years for it to increase in value: 21x the block release rate, halving rate, difficulty adjustment rate, with 51 million supply (to give mining companies more coins to mine) and rewards start at ~121
21:37 < tppellegrino> coins/block, web wallet and website. By rapidly increasing in scarcity at 21x the rate, the idea is it can go from $7 to $70K in less than a year…. I think the average consumer is locked out of profiting from a dramatic increase in Bitcoin price, but would otherwise heavily invest if the price was low enough. Bitcoin21x capitalizes on this
21:37 < tppellegrino> demand.
21:37 < tppellegrino> My plan is to mine it for a few months, secretly, then go to the public and say hey, missed out on bitcoin at $7? Well, heres' 30 million coins for the world. Enjoy. The world is going to swarm, the hash rate is going through the roof, securing the network. Mining pools love it. And the world loves the low price and everybody wins.
21:37 < tppellegrino> But I’m concerned about the public part… I have a small remaining budget, $12K…my developers tell me it needs trading volume before I can market it to the public, large mining companies and list on large exchanges, but on the other hand I need to bring in the public, large exchanges and large mining companies to generate trading volume. Bit
21:37 < tppellegrino> of a catch-22.
21:37 < tppellegrino> (Question)
21:37 < tppellegrino> It has illustrious advantages for Bitcoin. It can be dual-mined, as a benefit to the mining community, and offers rapid value appreciation, drawing a new generation of investors to the crypto economy. It could be used as leverage to the benefit of Bitcoin, strengthening the Bitcoin Blockchain and digital currency ecosystem. There’s a lot of
21:37 < tppellegrino> opportunity here to shape and mold the outcome of Bitcoin21x, to the benefit of all involved; would anyone like to get involved, perhaps in the pre-mining with the prospect of tremendous ROI, and take me under their wing and help guide the project to public success?
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22:16 < tppellegrino> I also see an opportunity to create a trading platform, following the Binance model, using Bitcoin21x as a utility token. Although it has a lower supply than BNB, a higher price would enable the use of smaller units to pay for trading fees.
22:56 < tppellegrino> At ~121 coins/block and 210,000 blocks, there are 25,500,000 coins available to mine over the course of the first 69.44 days (before the first halving) after mainnet launch. The plan is to list it on an (several) exchange(s) at $7/coin after the first halving- very lucrative. I can provide more detailed information as needed. But the project will
22:56 < tppellegrino> definitely fail without integrity, decentralization, authority, integration, 3rd part developer involvement and support in the Bitcoin community. Would anyone like to join me and guide or even lead this project to fruition in return for the opportunity to pre-mine?
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23:12 < conman> go away
23:13 < achow101> Altcoins are off topic
23:14 < tppellegrino> Me?
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23:58 < tppellegrino> Should I stick around to see if anyone replies? Or just leave immediately?
--- Log closed Sun Jul 14 00:00:52 2024