The btc establishment backs this and speaks loud and clear... The 1% speaks in every monetary system and the 1% are saying, "if you are too fucking poor don't weight us fucking down... Fuck off!" Imagine that.
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Depends on whether Gavin decides or not to wreck it.
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I am buying mainly Litecoin for now until they are put on MtGox...I will sell when they are 10x more valueable than what I paid for them. I doubt it will take long with all of the trade going on MtGox, even if a tiny portion decides to dabble.
The longer it takes for MtGox to start trading it, the more I can buy.
Thumbs up to you!
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"We'll regulate the shit out of ourselves!"
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BOO YAH! This is were we are heading.
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The majority is speaking... too bad Gavin is sold out to the FEDS. He has no interest in what the majority wants.
This is the death of btc if this happens... mark my words.
I will mark your words. This isn't the death of anything. It prevents the creation of outputs which are unecomical to spend. Thus they are never spent and remain in the UXTO forever. This bloats the UXTO. Current rules don't distinguish between tx which are likely to be respent and tx which are unlikely to be respent. Tx smaller than the min fee on low priority tx are not being spent. The blockchain shows that is true, they make no sense to spend them (because generally it costs more to spend them then they are worth). This rule merely prevents the creation of tx outputs which will never be spent. The UXTO is the key bottleneck. Even pruned full nodes need to maintain the UXTO forever. For fast verification the UXTO will need to be kept into memory. "Normal" tx tend to be respent A->B->C thus while they increase the size of the unpruned db they don't increase the size of the UXTO. Without this rule (or something similar) the cost to run a full node will increase exponentially just so people can produce unspendable txs. I don't care what you think. This is regulation plain and simple. This is not what I was led to believe bitcoin was. If bitcoin can't handle itself then another coin should take it's place. END OF STORY.
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for every one of these screaming lunatics who can't read, I'm starting to wonder if they can read but are just trying to stir up shit so they can pump altcoins. I'm not trying to pump altcoins, but if staying on 0.8.1 will not create a fork, then I think it's a great idea. Let the miners decide! Ultimately, there's going to be all sorts of diversity in which miners include which transactions. Some with high fees, some with low fees, some with NO fees! Some that allow dust, others that don't. Exactly. Gavin is going to fuck over bitcoin with this.
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The majority is speaking... too bad Gavin is sold out to the FEDS. He has no interest in what the majority wants.
This is the death of btc if this happens... mark my words.
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But you are defending something only the bitcoin "millionaires" want. So far the majority of the bitcoin world is against this if you check the other post/poll in this sub and the votes. I don't care if it's permanent or not. Transaction size should not be limited. Period.
This is exactly how I feel about this change, when and if it occurs. Cutting poor man out. This actually makes my skin crawl. You know this only affects transactions < 1 cent? Surely you understand that. How many fiat transactions have you ever done for less than 1 cent? How many poor people would throw away a 1 cent coin? How many beggars would spit at you for tossing them a 1 cent coin? It doesn't fucking matter. It's regulations put on Bitcoins. That's what matters. Jesus people wake the fuck up.
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You idiots know it's just a default setting that can be changed, right?
You can just change this in the config, and connect to a few nodes in pools that accept non-standard tx's.
+1 Knock yourselves out, no fork needed, just add this to your bitcoin.conf and convince a few big miners or mining pools to do the same: minrelaytxfee=0 Wow dude, you are a fucking Nazi. Do as I say BITCOIN! I'm done here if this change is made. No one dictates what I should or shouldn't send. I don't give a fuck who you are. There is absolutely no need for personal abuse. Gavin is doing the best job in what is a very challenging role. He has the support of all of the thinking devs who understand the issues on this change. As far as I can tell, this is the best move possible in the circumstances (noone is all knowing), and timely also. Chin up Gavin, try to tune out the unthinking mobocracy .... we'll get there in the end. Gavin just a couple questions? How much were you paid by the FEDS? Was it enough? You want to regulate bitcoin? Fuck this.
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I don't care who is upgrading. If this change is made, I'm done with bitcoin. What is trying to be accomplished is against everything bitcoin stands for.
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You idiots know it's just a default setting that can be changed, right?
You can just change this in the config, and connect to a few nodes in pools that accept non-standard tx's.
+1 Knock yourselves out, no fork needed, just add this to your bitcoin.conf and convince a few big miners or mining pools to do the same: minrelaytxfee=0 Wow dude, you are a fucking Nazi. Do as I say BITCOIN! I'm done here if this change is made. No one dictates what I should or shouldn't send. I don't give a fuck who you are.
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So effin what. I'm still free to do it.
And you still are, its no problem to remove the patch, but the actual purpose of the patch is to make SatoshiDice stop filling the blockchain with dust (I'm going to come right out and say it). I don't give a shit. This is regulation of bitcoin. End of story. No one should be told how much they can or can't spend. This is against everything I've understood of Bitcoin.
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What the heck is the point in having 8 digits if you can't use them?
You can't use them right now. Try spending a 1satoshi input, you'll need to pay a 0.0005BTC tx fee to send it. So effin what. I'm still free to do it. Someone should not tell me how much I can or can't spend. "Let's protect the stupid." Sorry that is the system we are already living in. This is why I've moved to bitcoin/litecoin. If bitcoin protocol adopts this then it becomes the very thing it's said it's against and is meaningless.
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Its 0.007$... thats ONE cent..
Today. What about tomorrow or the next. The whole idea of bitcoin is we don't have someone telling us how we can or can't spend our coins. This all changes when GAVIN decides so. This is not decentralization. This is a dictator telling us what we can and can't do with our money. This goes against everything I was told bitcoin stood for. This will collapse the entire notion of what bitcoin says it is as a whole if this happens.
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Satoshi dice is a business, that uses the blockchain, while you don't agree they are doing nothing wrong, and they are being punished and censored because stupid devs can't fix figure out a correct way to handle the blockchain. They have to censor.
Huh? this has little to nothing to do with SD. AFAIR they no longer create _very_ small outputs at the level implicated here. This is about changing the fundamentals of bitcoin. Transactions should not be limited..... PERIOD. This goes against everything bitcoin has said it stood for.
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This is a fundamental change of Bitcoin, and really seems to go against the idea of freedom of financial transactions. Now, we will be regulated to only sending transactions of a certain size. No free market choice here...
Bleh.
This
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> Hedging BTC with LTC/alts? commit suicide
Lol... Speak for yourself. I sold my btc and bought ltc before the last sub-100 BTC crash just yesterday and actually gained my holdings on btc. Anyone not paying attention to ltc is an idiot in my book... But good luck with your short sightedness.
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They have to censor.
This.
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Most people who posted in this thread are utterly clueless about the subject of conversation. Go fork yourself a cluelesscoin or something.
Lol, says the guy that told people to buy above $200 before the crash and then is commenting on cluelessness. You even asked if the crash was over and it crashed again down to $50. You have no idea what you are saying. End of story. ROFL. You have just proven my point. What that you are an idiot? Too bad that you take an objective observation as an ad hominem attack and respond with an utterly clueless ad hominem attack of your own. Only confirming what I have said, at least as related to yourself. Blah, blah, blah. You were wrong before and you are wrong now.
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