Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Elwar on May 06, 2013, 03:23:12 AM



Title: RIP Satoshi
Post by: Elwar on May 06, 2013, 03:23:12 AM
No longer will we be able to send someone a satoshi.

I am no longer a satoshi millionaire.

RIP satoshi.


Title: Re: RIP Satoshi
Post by: bitcoiners on May 06, 2013, 03:26:47 AM
No longer will we be able to send someone a satoshi.

I am no longer a satoshi millionaire.

RIP satoshi.

Never thought I'd read this...  Wow.. Takes a step back.. wow again.


Title: Re: RIP Satoshi
Post by: 🏰 TradeFortress 🏰 on May 06, 2013, 03:40:47 AM
No longer will we be able to send someone a satoshi.

I am no longer a satoshi millionaire.

RIP satoshi.
You can send someone a satoshi. Miners may not include it, especially if they're using 0.8.2.


Title: Re: RIP Satoshi
Post by: Stunna on May 06, 2013, 03:50:16 AM
:-(  Really nobody wants to send someone less than a penny but it is still dumb that nobody was really consulted on this decision and it is certainly an upset to many.


Title: Re: RIP Satoshi
Post by: oakpacific on May 06, 2013, 03:56:29 AM
Just paying my respects to Satoshi. Great entity, great idea, sadly bitcoin is damaged and will probably die unless a hard fork happens.

Nonsense.


Title: Re: RIP Satoshi
Post by: simonk83 on May 06, 2013, 04:04:26 AM
Just paying my respects to Satoshi. Great entity, great idea, sadly bitcoin is damaged and will probably die unless a hard fork happens.

Nonsense.

I wish it was non-sense sadly it isn't...

Yes, it is.   Get a grip.


Title: Re: RIP Satoshi
Post by: mufa23 on May 06, 2013, 04:04:41 AM
Can't you use another client? I'm my understanding that only the newest Bitcoin-qt client cannot send the smaller digits. Electrum, Armory, and all the others still can. Right?


Title: Re: RIP Satoshi
Post by: gweedo on May 06, 2013, 04:05:39 AM
Can't you use another client? I'm my understanding that only the newest Bitcoin-qt client cannot send the smaller digits. Electrum, Armory, and all the others still can. Right?

No cause it affects miners and miners control the network.


Title: Re: RIP Satoshi
Post by: oakpacific on May 06, 2013, 04:06:11 AM
Just paying my respects to Satoshi. Great entity, great idea, sadly bitcoin is damaged and will probably die unless a hard fork happens.

Nonsense.

I wish it was non-sense sadly it isn't...

You are free to create your own forked version of bitcoin-qt client in five minutes and use it in the current network to broadcast/relay transactions, nobody can stop you, it's exactly what Bitcoin is all about. If some developers are able to change things in the way many people here imagined, nobody would have used Bitcoin in the first place.


Title: Re: RIP Satoshi
Post by: jl2012 on May 06, 2013, 04:06:23 AM
FUD!

You can still send a satoshi if ---

1. You mine your own block, or

2. At least one miner agrees to mine the tiny transaction for you.


Title: Re: RIP Satoshi
Post by: bitcoiners on May 06, 2013, 04:06:50 AM
Just paying my respects to Satoshi. Great entity, great idea, sadly bitcoin is damaged and will probably die unless a hard fork happens.

Nonsense.

I wish it was non-sense sadly it isn't...

Yes, it is.   Get a grip.

It is a regulation being put upon a supposedly unregulated currency.  Where is the conflict other than the liberals that want this?


Title: Re: RIP Satoshi
Post by: gweedo on May 06, 2013, 04:08:10 AM
Just paying my respects to Satoshi. Great entity, great idea, sadly bitcoin is damaged and will probably die unless a hard fork happens.

Nonsense.

I wish it was non-sense sadly it isn't...

You are free to create your own forked version of bitcoin-qt client in five minutes and use it in the current network to broadcast/relay transactions, nobody can stop you, it's exactly what Bitcoin is all about. If some developers are able to change things in the way many people here imagined, nobody would have used Bitcoin in the first place.

But miners can stop the transaction from being put into the block... and people can stop relaying the transaction.


FUD!

You can still send a satoshi if ---

1. You mine your own block, or

2. At least one miner agrees to mine the tiny transaction for you.
Now this is non-sense let me get about $100,000 worth of ASIC and do that. Now it is getting crazy!


Title: Re: RIP Satoshi
Post by: 🏰 TradeFortress 🏰 on May 06, 2013, 04:10:15 AM
Then be a miner and accept those transactions then!


Title: Re: RIP Satoshi
Post by: gmaxwell on May 06, 2013, 04:11:10 AM
FUD!
You can still send a satoshi if ---
1. You mine your own block, or
2. At least one miner agrees to mine the tiny transaction for you.
Yup.  Or, if in the future bitcoin's value goes way up and people turn the dust indifference parameter way down.

Quote
Now this is non-sense let me get about $100,000 worth of ASIC and do that. Now it is getting crazy!
Uh. A single avalon mines about a block a week... and you don't have to have even that if you can just convince some other miner to do it for you— though it might be a little hard to do that if you're trying to attack the system or force people to store random data for you. :)


Title: Re: RIP Satoshi
Post by: flavius on May 06, 2013, 04:12:38 AM
What the fuck is a Satoshi?


Title: Re: RIP Satoshi
Post by: gweedo on May 06, 2013, 04:12:57 AM
FUD!
You can still send a satoshi if ---
1. You mine your own block, or
2. At least one miner agrees to mine the tiny transaction for you.
Yup.  Or, if in the future bitcoin's value goes way up and people turn the dust indifference parameter way down.

Quote
Now this is non-sense let me get about $100,000 worth of ASIC and do that. Now it is getting crazy!
Uh. A single avalon mines about a block a week... and you don't have to have even that if you can just convince some other miner to do it for you— though it might be a little hard to do that if you're trying to attack the system or force people to store random data for you. :)

I am more against the censorship anyway


Title: Re: RIP Satoshi
Post by: gweedo on May 06, 2013, 04:13:30 AM
What the fuck is a Satoshi?

An entity / creator of bitcoins also the name of 0.00000001 Unit


Title: Re: RIP Satoshi
Post by: oakpacific on May 06, 2013, 04:13:41 AM
Just paying my respects to Satoshi. Great entity, great idea, sadly bitcoin is damaged and will probably die unless a hard fork happens.

Nonsense.

I wish it was non-sense sadly it isn't...

You are free to create your own forked version of bitcoin-qt client in five minutes and use it in the current network to broadcast/relay transactions, nobody can stop you, it's exactly what Bitcoin is all about. If some developers are able to change things in the way many people here imagined, nobody would have used Bitcoin in the first place.

But miners can stop the transaction from being put into the block... and people can stop relaying the transaction.



Oh, like how they have declared your block is "orphaned" from time to time? Big news.

I have some other news for you: there is already a way to circumvent the current 0.8.1 hardcoded transaction fee policy without causing a hard-fork like you said, https://en.bitcoin.it/wiki/Free_transaction_relay_policy check it out.


Title: Re: RIP Satoshi
Post by: gweedo on May 06, 2013, 04:15:36 AM
Just paying my respects to Satoshi. Great entity, great idea, sadly bitcoin is damaged and will probably die unless a hard fork happens.

Nonsense.

I wish it was non-sense sadly it isn't...

You are free to create your own forked version of bitcoin-qt client in five minutes and use it in the current network to broadcast/relay transactions, nobody can stop you, it's exactly what Bitcoin is all about. If some developers are able to change things in the way many people here imagined, nobody would have used Bitcoin in the first place.

But miners can stop the transaction from being put into the block... and people can stop relaying the transaction.



Oh, like how they have declared your block is "orphaned" from time to time? Big news.

I have some other news for you: there is already a way to circumvent the current 0.8.1 hardcoded transaction fee policy without causing a hard-fork like you said, https://en.bitcoin.it/wiki/Free_transaction_relay_policy check it out.


No no no, the hard fork is so we take the power out of the current dev team...


Title: Re: RIP Satoshi
Post by: oakpacific on May 06, 2013, 04:17:45 AM
Just paying my respects to Satoshi. Great entity, great idea, sadly bitcoin is damaged and will probably die unless a hard fork happens.

Nonsense.

I wish it was non-sense sadly it isn't...

You are free to create your own forked version of bitcoin-qt client in five minutes and use it in the current network to broadcast/relay transactions, nobody can stop you, it's exactly what Bitcoin is all about. If some developers are able to change things in the way many people here imagined, nobody would have used Bitcoin in the first place.

But miners can stop the transaction from being put into the block... and people can stop relaying the transaction.



Oh, like how they have declared your block is "orphaned" from time to time? Big news.

I have some other news for you: there is already a way to circumvent the current 0.8.1 hardcoded transaction fee policy without causing a hard-fork like you said, https://en.bitcoin.it/wiki/Free_transaction_relay_policy check it out.


No no no, the hard fork is so we take the power out of the current dev team...

LMFAO, at any second in the last 4 years you could have done that, no one could have stopped you, you go ahead.

BTW: If miners install the current dev team's client like you said it's essentially a vote of confidence, so what's that taking power out you talked about?


Title: Re: RIP Satoshi
Post by: gweedo on May 06, 2013, 04:30:48 AM
BTW: If miners install the current dev team's client like you said it's essentially a vote of confidence, so what's that taking power out you talked about?

No if most of the miners want that, then that is bitcoin working correctly but it is censorship and I can't allow that.


Title: Re: RIP Satoshi
Post by: 🏰 TradeFortress 🏰 on May 06, 2013, 04:32:23 AM
If 0.7% of miners are not using 0.8.2, your <5430 satoshi output transaction would still be confirmed in a day or so if it matches their fee policy.

Once it's included in a block, 0.8.2 clients will still build ontop of the same block.


Title: Re: RIP Satoshi
Post by: oakpacific on May 06, 2013, 04:33:59 AM
BTW: If miners install the current dev team's client like you said it's essentially a vote of confidence, so what's that taking power out you talked about?

No if most of the miners want that, then that is bitcoin working correctly but it is censorship and I can't allow that.

No, whatever you do with the transaction limit in your client, your client will still remain interoperable with other clients, no hard fork is ever required.

And your usage of "censorship" is ridiculous, if you can still read a book it's not censorship, what you want is everyone should read your book if you pass it to them.



Title: Re: RIP Satoshi
Post by: enquirer on May 06, 2013, 05:17:11 AM
The title is too dramatic. Hope Satoshi is (are) still alive and well.


Title: Re: RIP Satoshi
Post by: QuestionAuthority on May 06, 2013, 08:25:38 AM
http://3.bp.blogspot.com/-ayWbXiHaaJ8/T8uUqdKTbwI/AAAAAAAAA3Y/xZ4aZfOg2KM/s1600/Sky.jpg

I'll never be able to buy bubblegum with Bitcoin ever again. WAAAAAAAAAAAAH


Title: Re: RIP Satoshi
Post by: tryingtobeperfect on May 06, 2013, 09:53:11 AM
Today I tried to send 0.8btc to satoshi exactly 3:44 Hrs ago n still the txn z not confirmed.
What could be the reason? and whats maximum time dat can take for the confirmation?

Plz bare if my q/ns r too dumb.

Thanks,
TTBP


Title: Re: RIP Satoshi
Post by: 🏰 TradeFortress 🏰 on May 06, 2013, 09:59:06 AM
Today I tried to send 0.8btc to satoshi exactly 3:44 Hrs ago n still the txn z not confirmed.
What could be the reason? and whats maximum time dat can take for the confirmation?

Plz bare if my q/ns r too dumb.

Thanks,
TTBP
Transaction ID?


Title: Re: RIP Satoshi
Post by: SomeWhere on May 06, 2013, 12:37:12 PM
I find it interesting that most of the loud voices (https://bitcointalk.org/index.php?topic=194700.msg2043193#msg2043193) are big into litecoin when litecoin's current anti-dust relay/mining policy is far more aggressive than anything proposed for Bitcoin.

It's also far more thoughtful, less of a dirty quick fix and less arbitrary.


Title: Re: RIP Satoshi
Post by: sdp on May 06, 2013, 12:49:28 PM
How much does a stick of gum cost?  $0.20?  That's a lot more than the value of a Satoshi.  What is the smallest value of something you would want to exchange over the Internet?  I don't know but I know its orders of magnitudes greater than 1 Satoshi.

That's my 2cents or should I say 0.0002 BTC?


Title: Re: RIP Satoshi
Post by: Meatpile on May 06, 2013, 01:56:49 PM
How much does a stick of gum cost?  $0.20?  That's a lot more than the value of a Satoshi.  What is the smallest value of something you would want to exchange over the Internet?  I don't know but I know its orders of magnitudes greater than 1 Satoshi.

That's my 2cents or should I say 0.0002 BTC?

You buy single sticks of gum over the internet?

And not digital content that should be worth fractions of a penny?


Title: Re: RIP Satoshi
Post by: Peter Lambert on May 06, 2013, 07:20:11 PM

I'll never be able to buy bubblegum with Bitcoin ever again. WAAAAAAAAAAAAH

Sure you can, you just have to buy in in bulk orders.


Title: Re: RIP Satoshi
Post by: Skrapps on May 06, 2013, 09:30:04 PM

I'll never be able to buy bubblegum with Bitcoin ever again. WAAAAAAAAAAAAH

Sure you can, you just have to buy in in bulk orders.

Chinese gum nonetheless. Seinfeld: http://www.youtube.com/watch?v=yk-hivskli0


Title: Re: RIP Satoshi
Post by: QuestionAuthority on May 06, 2013, 09:49:23 PM

I'll never be able to buy bubblegum with Bitcoin ever again. WAAAAAAAAAAAAH

Sure you can, you just have to buy in in bulk orders.

Chinese gum nonetheless. Seinfeld: http://www.youtube.com/watch?v=yk-hivskli0

That's a lot of Gum!