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1321  Bitcoin / Bitcoin Discussion / Re: Can we just stop with the block size panic crap? on: January 02, 2016, 10:03:38 AM
thats why even the big names, andreas, gavin, and hundreds of others say
price of a coffee 0 confirms (only 1% of your customers lack morals and want to be a theif)

Please provide proof of this (i.e. video links to Gavin and Andreas at the very least saying just that as I certainly don't recall either of them saying it).
1322  Bitcoin / Bitcoin Discussion / Re: Can we just stop with the block size panic crap? on: January 02, 2016, 10:00:56 AM
It should be noted that this kind of low fee zero confirmation theft does increase in probability as the mempool size increases - so a more popular Bitcoin will have more of these sort of double spends than a less popular one (another good reason why we shouldn't be so eager to make Bitcoin such a popular payment method and increase the block size).
1323  Bitcoin / Bitcoin Discussion / Re: Can we just stop with the block size panic crap? on: January 02, 2016, 09:57:55 AM
coffee can be bought using zero confirms.. not due to there being no malle.. but the social study that a coffee shop would only have 1% of coffee stolen. and a coffee shop makes enough profit to cover that loss, and would not want to lose more money simply by upsetting customers by making them wait, thus losing future customers loyalty. in short its more about social loyalty to keep profits coming in, to cover potential losses.

And this is where you are getting things confused - if people can easily get away with out paying for something without any consequence then they will do it (that is human nature and I'm sure you can find many social studies that will back up this statement).

If you simply do a tx with an extremely low fee then it is entirely possible (even likely) that despite the tx being not rejected as dust it won't be confirmed before it is dropped from the mempool (and making blocks bigger isn't going to fix that either - a swimming pool will always fill up with water no matter how much bigger you make it).

Thus unless your coffee seller has checked that the fee looks good enough to confirm within a day (and how does the seller actually really know this?) the coffee buyer can enjoy their coffee and the next day be able to do it again (presumably they would probably not frequent the same coffee shop for fear of being caught but let's just assume that this person is a tourist and so doesn't care about coming back again).
1324  Bitcoin / Development & Technical Discussion / Re: Is this BIP65 sample script standard? on: January 02, 2016, 07:13:53 AM
I wonder if the CLTV is not deployed in testnet yet

It could well be that not enough of the testnet peers have upgraded - I think the next step is to play with -regtest rather than -testnet (so you are mining your own blocks).
1325  Bitcoin / Bitcoin Discussion / Re: Can we just stop with the block size panic crap? on: January 02, 2016, 06:47:53 AM
Overall Bitcoin needs to be more popular before we can do anything.

Actually it is very useful right now (as both a store of value and means to send funds nearly anywhere in the world fast and cheaply) and being popular is not why one wants to be involved with disruptive technologies such as Bitcoin.

1326  Bitcoin / Bitcoin Discussion / Re: Can we just stop with the block size panic crap? on: January 02, 2016, 05:25:51 AM
Absolutely you can rely on zero confirmations since few people are going to risk going to jail for attempted theft over a coffee.  In addition, it is possible for nodes to query the mempool (see Bip35) to detect double spend attempts with zero confirmation.

You don't even show ID to buy a coffee (at least not as yet) so how on earth are people risking going to jail by not paying?

We don't seem to have jails packed full of credit card fraudsters either for that matter.

The point is not an immediate double spend but simply a tx that will confirm too slowly due to a lack of fee (or too small a fee) so that the "double spend" will happen well after you've left the coffee shop (when the original tx is dropped from the mempool).

The core devs have all recommended not to trust zero confirmations yet seemingly you know better than them?
1327  Bitcoin / Bitcoin Discussion / Re: Can we just stop with the block size panic crap? on: January 02, 2016, 04:53:36 AM
It's fine for any size transaction as amounts large and small are supported
by the protocol and we have seen it in action in both.

It is not fine for any size transaction and I'm surprised you would make such a silly statement.

Can you make a transaction with 0.00000001 BTC?

(and I mean literally yourself not a miner)

It has also been pointed out hundreds of times that you can't rely upon zero confirmations so your coffee is going to go cold before you will be allowed to drink it (and if changes are pushed that would allow for tx replacement with a fee then it would be child's play to cheat your coffee vendor).
1328  Bitcoin / Bitcoin Discussion / Re: Can we just stop with the block size panic crap? on: January 02, 2016, 03:20:12 AM
anyway i disagree with you.  Bitcoin is perfectly suitable for coffees.

Apparently it is just because you say it is - just like the world is really flat. Cheesy
1329  Bitcoin / Bitcoin Discussion / Re: Small blocksize increase should be done first and SegWit second on: January 02, 2016, 03:11:15 AM


It is a pity that people want to worship Satoshi and don't recognise the mistakes that he made (little-endian numbers in txs being one of the worst).

Moore's law never applied to bandwidth which is the problem that Bitcoin has in regards to scaling (not storage or processing power).
1330  Bitcoin / Bitcoin Discussion / Re: Small blocksize increase should be done first and SegWit second on: January 01, 2016, 08:00:50 PM
bitcoin 0 fee's technically or 0.0001 if you cant wait.. i agree.. but when you start talking about fiat prices from one country to another.. exactly what WU is all about.. there is a cost when dealing with the fiat at either side of bitcoin... if bitcoin was to be used as the middleman for fiat remittance.. which is 6% atleast

You are just making up stats now.

I was using BTC to move money from Australia to China years ago and I actually profited from the remittance (which is something unheard of in moving money from one country to another).

So I moved AUD to China and got more RMB than the AUD/CNY exchange rate at the time - do you understand that?
1331  Bitcoin / Bitcoin Discussion / Re: Small blocksize increase should be done first and SegWit second on: January 01, 2016, 07:51:46 PM
0 fee's?HuhHuh

Yes - when I sent the 200 BTC back to the forum do you think I paid a fee?
1332  Bitcoin / Bitcoin Discussion / Re: Can we just stop with the block size panic crap? on: January 01, 2016, 07:40:10 PM
I am not telling anyone "what they should think" but instead just asking people to take a good look at "the reality" of Bitcoin as it stands now.

Again - no organisation is paying me for my opinion (but welcome to try and bribe me if you like). Cheesy
1333  Bitcoin / Bitcoin Discussion / Re: Small blocksize increase should be done first and SegWit second on: January 01, 2016, 07:30:12 PM
i did not write anything about coffee.

lets assume i use it to remittance and want to sent 10 USD to india (which is alot there). now i have to pay 10-15% in fees (1-1,50 USD). great usecase.  Roll Eyes

I pay 0% fees for my BTC txs - so why are yours costing 10-15%?

(we are clearly not arguing about BTC at all but now some imagined fee percentage that you invented)
1334  Bitcoin / Bitcoin Discussion / Re: Can we just stop with the block size panic crap? on: January 01, 2016, 07:25:17 PM
To expand on what I am saying I think that you need to consider this:

Companies like Western Union would go out of business if people just used Bitcoin for remittance (real *disruption* IMO).
1335  Bitcoin / Bitcoin Discussion / Can we just stop with the block size panic crap? on: January 01, 2016, 07:20:26 PM
It is becoming apparent that there are paid shills participating in every topic to do with the block size debate.

Apparently Mike Hearn simply cannot let a "dead horse" die. Sad

I do not work for any company (other than my own) and am not sponsored to make any statement but I will make this statement.

Bitcoin is not suitable for "coffees" and why should it be (as practically no-one in the world is paid in Bitcoin)?

What Bitcoin is very suitable for is "remittance' (sending money overseas) yet so far it has virtually no market share in that sphere (which it should dominate).

Can we start focusing on remittance rather than coffees?
1336  Bitcoin / Bitcoin Discussion / Re: Small blocksize increase should be done first and SegWit second on: January 01, 2016, 07:08:10 PM
PROBLEM: Some people like to tell other people what bitcoin "should" be used in, and whether or not other people should be able to buy coffee with bitcoin.  Thank G-d people are thinking for me, or I might do something horribly independent and private without their being able to track it.

Again you are spouting nonsense as seems to be your thing.

I will unwatch this topic also as I have no interest in reading any more of your stupid posts.

If any of the people in this topic actually want to be taken seriously then you really need to rethink your topics.

Spouting nonsense and attacking people might be fun but it doesn't actually change the minds of anyone that is actually intelligent.

(perhaps this is a Donald Trump thing)
1337  Bitcoin / Bitcoin Discussion / Re: Small blocksize increase should be done first and SegWit second on: January 01, 2016, 06:42:06 PM
indeed, but we would win time and could come up with a good solution. there would be no fee-market too which is harmful at this early stage.

I really don't see the problem.

Currently I can use Bitcoin to move huge amounts of money from one country to another without resorting to "bags of cash" or "loads of jewellery" yet somehow even though Bitcoin is not even been properly used for just this purpose (i.e. remittance) we have to panic and increase the block size so that people can buy coffees for BTC.

There are very few people in the world that are even paid in BTC - so why the fuck do we need to sell coffees in BTC?

Why can't you guys wait for BTC to be successful in the very area it *should kick ass in* (which is remittance) before you demand your *coffees* need to be able to be paid for in BTC?
1338  Bitcoin / Bitcoin Discussion / Re: Maxwell + Wiuelle = Hearn on: January 01, 2016, 06:28:19 PM
I believe I covered the concept when I directly stated "offline solution".  

You believe that spouting nonsense covers things?

Cheesy

(and yes I am going to ignore you)
1339  Bitcoin / Bitcoin Discussion / Re: Small blocksize increase should be done first and SegWit second on: January 01, 2016, 06:26:03 PM
Sorry, now you are just walking into the mud pit, and challenging me to crawl in.  Just took a shower.  Have things to do today.  Maybe tomorrow.

I see - so you have nothing further to offer to this topic (as I suspected) - I will unwatch it now so you can enjoy chatting to yourself tomorrow.

@OP - I hope you can see the friends that you are gathering. Cheesy
1340  Bitcoin / Bitcoin Discussion / Re: Maxwell + Wiuelle = Hearn on: January 01, 2016, 06:21:46 PM
Well, correct me if I am wrong, but isn't CIYAM in its own way a sidechain / offline solution?  If you limit onchain transaction capability - then by default your business model grows.  

CIYAM is not a sidechain at all (it is actually a software engineering platform that includes blockchain processing amongst many other things).

CIYAM can work with Bitcoin or with alts (or with no blockchain at all) - so it is not involved in any way about what changes may or may not happen to any of them.

If you want to have a meaningful debate then it would help if you educated yourself rather than spout off nonsense.
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