Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: RawDog on February 01, 2017, 04:17:07 PM



Title: SegWit = Losing money
Post by: RawDog on February 01, 2017, 04:17:07 PM
If you don't let Greg Maxwell take over Bitcoin to install SegWit altcoin, Price Waterhouse will lose $76 million.

Quote
Blockstream has so far raised $76m in funding for experimental ideas like its in-development sidechains network, while inking partnerships with more traditional financial firms like PwC.
http://www.coindesk.com/bitcoin-blockstream-greg-maxwell-blockchain-uncontrollable-noun/ (http://www.coindesk.com/bitcoin-blockstream-greg-maxwell-blockchain-uncontrollable-noun/)

Why do people just stand by and let this private takeover happen?  Are we sheep?




Title: Re: SegWit = Losing money
Post by: Lauda on February 01, 2017, 04:18:05 PM
Calling a soft fork an 'altcoin' makes you the only sheep around here. ::)


Title: Re: SegWit = Losing money
Post by: cellard on February 01, 2017, 04:26:11 PM
Wrong, Andreas A and everyone worth listening to are advocating for segwit:

https://twitter.com/aantonop/status/821016551075639297

Sorry but anti segwit FUDsters are always noisy cunts with nothing to offer. No convincing arguments have ever been presented that outweight the positives of segwit (including all of franky1's posting history)



Title: Re: SegWit = Losing money
Post by: mezzomix on February 01, 2017, 04:27:35 PM
If you don't let Greg Maxwell take over Bitcoin to install SegWit altcoin, Price Waterhouse will lose $76 million.

 ;D

And don't forget that Greg Maxwell is eating babies - for breakfast!  :o


Title: Re: SegWit = Losing money
Post by: Kprawn on February 01, 2017, 04:29:19 PM
Why will they lose the invested money? .... they can just as easily adapt it to fit some other Alt coin. It is not only written for Bitcoin, so

I figure they can "sell" it to whomever they wanted? In any way, they will always have a plan B, if Plan A fails. You do not dump that

amount of money into something and risk everything on a "consensus" decision.  ::)


Title: Re: SegWit = Losing money
Post by: RawDog on February 01, 2017, 04:29:32 PM
Calling a soft fork an 'altcoin' makes you the only sheep around here. ::)
I can install a whole load of bullshit code to radically change the protocol into something else with a 'soft fork'.  That doesn't make it not an alt.  Calling it a 'softfork' doesn't mean it is still Bitcoin.  

You blind people that follow the gang of thieves that Core is are the sheep
Baaaaaaaa!


Title: Re: SegWit = Losing money
Post by: RawDog on February 01, 2017, 04:30:18 PM
Wrong, Andreas A and everyone worth listening to are advocating for segwit:
https://twitter.com/aantonop/status/821016551075639297
lol
This is precisely what I was talking about.  "Andreas likes it, therefore I'll do it too".  Fucking sheep doesn't even know he is a sheep.  Are you a moron?


Title: Re: SegWit = Losing money
Post by: johny08 on February 01, 2017, 08:49:31 PM
If you don't let Greg Maxwell take over Bitcoin to install SegWit altcoin, Price Waterhouse will lose $76 million.

Quote
Blockstream has so far raised $76m in funding for experimental ideas like its in-development sidechains network, while inking partnerships with more traditional financial firms like PwC.
http://www.coindesk.com/bitcoin-blockstream-greg-maxwell-blockchain-uncontrollable-noun/ (http://www.coindesk.com/bitcoin-blockstream-greg-maxwell-blockchain-uncontrollable-noun/)

Why do people just stand by and let this private takeover happen?  Are we sheep?




Mega fud trolls best.

Segwit is adding smart contracts capabilities from the best developers of the world. I dont care for whom they are working. Important is the best tech and cheaper transactions without bloating the blocks and then schorr signatures.

However we will see at the end of the year


Title: Re: SegWit = Losing money
Post by: calkob on February 01, 2017, 11:41:27 PM
If you don't let Greg Maxwell take over Bitcoin to install SegWit altcoin, Price Waterhouse will lose $76 million.

Quote
Blockstream has so far raised $76m in funding for experimental ideas like its in-development sidechains network, while inking partnerships with more traditional financial firms like PwC.
http://www.coindesk.com/bitcoin-blockstream-greg-maxwell-blockchain-uncontrollable-noun/ (http://www.coindesk.com/bitcoin-blockstream-greg-maxwell-blockchain-uncontrollable-noun/)

Why do people just stand by and let this private takeover happen?  Are we sheep?




You dont own Bitcoin, its open source and decentralised.  and even tho i also detest big banks and the crooks at the accounting firms that help them defraud us, they have as much right to participate in bitcoin as you. 

Convincing others as to the merits of the bitcoin you want to see is much more productive than trying to shout down and slander others who dont agree.  or as trace mayer would say "write some code, show me the code"


Title: Re: SegWit = Losing money
Post by: shapeshiftscam on February 02, 2017, 12:23:15 AM
Why do you so hate SegWit and call it is an altcoin? SegWit is the best solution to make the block size, hardfork will kill bitcoin, bitcpin price will plummet after hardfork. Softfork is good, and Lightening Network&TumbleBit can be implemented on SegWit.


Title: Re: SegWit = Losing money
Post by: Snorek on February 02, 2017, 12:33:03 AM
Wrong, Andreas A and everyone worth listening to are advocating for segwit:
https://twitter.com/aantonop/status/821016551075639297
lol
This is precisely what I was talking about.  "Andreas likes it, therefore I'll do it too".  Fucking sheep doesn't even know he is a sheep.  Are you a moron?
I don't want to take any side in this, because being pro SegWit nowadays is like being pro Trump, when whole world seems to hate him.
But there is something called authority of a person. Andreas is one of the most respected bitcoin advocates, I generally agree with everything he says.
Sometimes is good to have someone to look up to who will guide as, will it automatically make us a blind fools or sheep?
We may not have the ability to know, research and follow the best possible way on our own. You are basically calling SegWit bad solution but don't offer anything in return.


Title: Re: SegWit = Losing money
Post by: franky1 on February 02, 2017, 01:15:43 AM
Calling a [segwit] an 'altcoin' makes you the only sheep around here. ::)

can you make a P2WPHK tx today on bitcoin mainnet..... no
is P2WPHK key generation active on bitcoin mainnet......no
do pools accept P2WPHK tx today on bitcoin mainnet..... no
do old nodes relay P2WPHK tx today on bitcoin mainnet..... no

for comparison
can you make a litecoin tx today on bitcoin mainnet..... no
is litecoin key generation active on bitcoin mainnet......no
do pools accept litecoin tx today on bitcoin mainnet..... no
do old nodes relay litecoin tx today on bitcoin mainnet..... no

now. is litecoin tx format part of bitcoin. no..
now. is P2WPHK tx format part of bitcoin. no..

thus. its not bitcoin.
oh and yea in the future rules can change where we could include litecoin tx format in bitcoin...
but having a FUTURE possibility. does that then make litecoin no longer an altcoin?


please dont hit reply just yet.
take a deep breath
stand back from the keyboard.
let your thoughts gather.
put on your logic hat and spend a few minutes thinking about it. logically.

please do not reply whilst wearing your defender hat


Title: Re: SegWit = Losing money
Post by: panju1 on February 02, 2017, 01:28:14 AM
If you don't let Greg Maxwell take over Bitcoin to install SegWit altcoin, Price Waterhouse will lose $76 million.

Quote
Blockstream has so far raised $76m in funding for experimental ideas like its in-development sidechains network, while inking partnerships with more traditional financial firms like PwC.
http://www.coindesk.com/bitcoin-blockstream-greg-maxwell-blockchain-uncontrollable-noun/ (http://www.coindesk.com/bitcoin-blockstream-greg-maxwell-blockchain-uncontrollable-noun/)

Why do people just stand by and let this private takeover happen?  Are we sheep?

Segwit activation looks unlikely to happen now. The signalling support for Segwit has dropped from 25% earlier to 23% now.
Why so much fuss for a baby which died during childbirth?


Title: Re: SegWit = Losing money
Post by: Viscount on February 02, 2017, 01:33:07 AM
Why are you creating new thread everyday dumb ass? with such supporter Unlimited doesn't need any foe to fail  ;D


Title: Re: SegWit = Losing money
Post by: Viscount on February 02, 2017, 01:37:55 AM
Why do you so hate SegWit and call it is an altcoin? SegWit is the best solution to make the block size, hardfork will kill bitcoin, bitcpin price will plummet after hardfork. Softfork is good, and Lightening Network&TumbleBit can be implemented on SegWit.
because he has short positions in bitcoin and he is about to lose all his money  :D


Title: Re: SegWit = Losing money
Post by: Lauda on February 02, 2017, 10:28:45 AM
Calling a [segwit] an 'altcoin' makes you the only sheep around here. ::)

can you make a P2WPHK tx today on bitcoin mainnet..... no
is P2WPHK key generation active on bitcoin mainnet......no
do pools accept P2WPHK tx today on bitcoin mainnet..... no
do old nodes relay P2WPHK tx today on bitcoin mainnet..... no
The same way it was for pretty much any soft fork that introduced new TX types. What is the useless point that you're trying to make this time?

Segwit activation looks unlikely to happen now. The signalling support for Segwit has dropped from 25% earlier to 23% now.
Why so much fuss for a baby which died during childbirth?
It's too early to make conclusions. Also, you obviously don't even know what variance is.

because he has short positions in bitcoin and he is about to lose all his money  :D
That wouldn't surprise me one bit.


Title: Re: SegWit = Losing money
Post by: Xester on February 02, 2017, 10:38:28 AM
Why is segwit equivalent to losing money. It is not applicable to all but to the owner of segwit. The problem with segwit and why they are going towards bankruptcy is that they want 95% consensus from the overall population of miners. That is very hard target to capture and with this its maybe good bye to segwit.  Soon BU will replace segwit, its funny.


Title: Re: SegWit = Losing money
Post by: kiklo on February 02, 2017, 10:56:39 AM

Segwit activation looks unlikely to happen now. The signalling support for Segwit has dropped from 25% earlier to 23% now.
Why so much fuss for a baby which died during childbirth?

It's too early to make conclusions. Also, you obviously don't even know what variance is.


And you obviously never bothered to do this

All Miners   -  Chinese Miners  =  What is Left
100%        -   68%                =  32%

Meaning the highest possible % voting for segwit will be 32%, and you are not even getting that.  :P

Let me break it down for you.
Chinese Miners No Like Segwit, so Segwit will Die! ;)
That is what happens when you have a centralized coin network.


 8)


Title: Re: SegWit = Losing money
Post by: LonelyPrince on February 02, 2017, 12:42:38 PM
I support segwit, because I've learned all data to the issue and it turns out, that segwit is far better and safer than hardfork ;)


Title: Re: SegWit = Losing money
Post by: thejaytiesto on February 02, 2017, 12:59:38 PM
Wrong, Andreas A and everyone worth listening to are advocating for segwit:
https://twitter.com/aantonop/status/821016551075639297
lol
This is precisely what I was talking about.  "Andreas likes it, therefore I'll do it too".  Fucking sheep doesn't even know he is a sheep.  Are you a moron?


Notice how you are too dumb to counter-argument Andreas, so you just call people that agree with him "sheep" instead of actually refuting the pro-segwit argument. Get lost you buffon, you wish to know as much as A.A about bitcoin.


Title: Re: SegWit = Losing money
Post by: kiklo on February 03, 2017, 04:12:08 AM
I support segwit, because I've learned all data to the issue and it turns out, that segwit is far better and safer than hardfork ;)

Anyone ever tell you guys , you seem like a bunch of Wusses.
Never seen a community more afraid of a hard fork than the BTC group.

Old Saying , Fortune Favors the Bold,
This BTC community is too afraid of a hard fork to fix a know issue, that has just been getting worse.
https://bitcointalk.org/index.php?topic=1762690.0

Chinese Miners are blocking segwit, so you guys are going to have to put on your Big boy pants and hard fork to get a larger block size.
Or BTC is so weak , the Chinese Miners might just take over all software development , it is not like you wusses could stop them.


 8)


Title: Re: SegWit = Losing money
Post by: LonelyPrince on February 03, 2017, 05:55:15 AM
Chinese Miners might just take over all software development

You suggest surrender to the Chinese miners? youre such a wuss...
I'm not afraid of them  8)


Title: Re: SegWit = Losing money
Post by: kelsey on February 03, 2017, 06:17:22 AM
the solution to this threads debate;

http://litecoinblockhalf.com/segwit.php

 ;)

(pro segwit simply move to litecoin.....thank me later).


Title: Re: SegWit = Losing money
Post by: kiklo on February 03, 2017, 11:32:15 AM
Chinese Miners might just take over all software development

You suggest surrender to the Chinese miners? youre such a wuss...
I'm not afraid of them  8)

But your wuss asses can't stop them can you?
They have ruled BTC for over a year and you have done nothing.
 
You will be calling China Daddy soon enough.  :D

 8)


Title: Re: SegWit = Losing money
Post by: kiklo on February 03, 2017, 11:34:53 AM
the solution to this threads debate;

http://litecoinblockhalf.com/segwit.php

 ;)

(pro segwit simply move to litecoin.....thank me later).


Moving to LTC solves the transactions issue even with out segwit.

LTC already has 4X the Transactions capacity of BTC.


 8)


Title: Re: SegWit = Losing money
Post by: LonelyPrince on February 03, 2017, 12:13:54 PM
Chinese Miners might just take over all software development

You suggest surrender to the Chinese miners? youre such a wuss...
I'm not afraid of them  8)

But your wuss asses can't stop them can you?
They have ruled BTC for over a year and you have done nothing.
 
You will be calling China Daddy soon enough.  :D

 8)
Which nation should I despise for giving birth such a candy ass like you, who wants to obey chinese without a murmur?


Title: Re: SegWit = Losing money
Post by: Tanic on February 03, 2017, 12:14:06 PM
Why SegWit want to be activated immediately on bitcoin?
Why not release it on new crypto-currency with SegWit and test this technology without changes in bitcoin?


Title: Re: SegWit = Losing money
Post by: kiklo on February 03, 2017, 12:36:31 PM
Chinese Miners might just take over all software development

You suggest surrender to the Chinese miners? youre such a wuss...
I'm not afraid of them  8)

But your wuss asses can't stop them can you?
They have ruled BTC for over a year and you have done nothing.
 
You will be calling China Daddy soon enough.  :D

 8)
Which nation should I despise for giving birth such a candy ass like you, who wants to obey chinese without a murmur?


LOL,

Who says I was going to obey the Chinese, by the time the rest of you realize China is your daddy ,

ZEIT will be strong enough to replace it. Just a matter of Time.   ;)

But until then , I will just use other Alts when BTC unconfirmed transactions are over 10 thousand.

If you don't hold BTC as an investment, then China can't be your daddy.  ;)
I never keep more than 50 bucks in BTC (Better Trust China) .

 8)

FYI:
USA


Title: Re: SegWit = Losing money
Post by: kelsey on February 03, 2017, 12:47:17 PM
i for one welcome our new chinese overlords  ;)


Title: Re: SegWit = Losing money
Post by: CraigWrightBTC on February 05, 2017, 05:33:04 AM
Chinese Miners might just take over all software development

You suggest surrender to the Chinese miners? youre such a wuss...
I'm not afraid of them  8)
It is not about afraid to Chinese miners or not, segwit can be activated if the miners supports it.
Right now Chinese miners won't supports to segwit. 
Bitcoin are more than democrat in a country, we can participate on bitcoin include supports to segwit or not
all of us has right for choose include Chinese miners.


Title: Re: SegWit = Losing money
Post by: hv_ on February 05, 2017, 09:46:43 AM
Calling a soft fork an 'altcoin' makes you the only sheep around here. ::)


Ok. Good comment. We call it SoftCoin from now on.

I would prefer the hard bitcoin with unlimited value.

 :D


Title: Re: SegWit = Losing money
Post by: hv_ on February 05, 2017, 09:50:50 AM
If you don't let Greg Maxwell take over Bitcoin to install SegWit altcoin, Price Waterhouse will lose $76 million.

Quote
Blockstream has so far raised $76m in funding for experimental ideas like its in-development sidechains network, while inking partnerships with more traditional financial firms like PwC.
http://www.coindesk.com/bitcoin-blockstream-greg-maxwell-blockchain-uncontrollable-noun/ (http://www.coindesk.com/bitcoin-blockstream-greg-maxwell-blockchain-uncontrollable-noun/)

Why do people just stand by and let this private takeover happen?  Are we sheep?




Mega fud trolls best.

Segwit is adding smart contracts capabilities from the best developers of the world. I dont care for whom they are working. Important is the best tech and cheaper transactions without bloating the blocks and then schorr signatures.

However we will see at the end of the year

What makes you sure that BU idea is limited to fix the blocksize only?