100% dead. Ain't never coming. Spondoolies and Guy Corem to get sued by creditors soon. I really would like to know out of curosity on SP50. If they are able to do some changing and get a chip that is closer to Bitfury's reported chip. Or if they really will not release and consider sunk cost. Only way I see them winning is if they can drastically beat Bitfury on chip price. And that no one knows, or at least no one without a NDA. For what it's worth I was hoping they would do consumer ones like SP20 again instead of SP50. Doubt that changes but seems they would want to do something with the chips they I would guess put a decent amount into R/D. And I guess we really don't know that either as no demo. So many good questions, but don't think we will get anwser. Although eventually we should it is interesting how SP has to release info compared to most privately owned firms that are tight lip'ed. If they released SP50 with "current" specs it would be plenty competitive, but fabs need to see money. Without some sort of pre-order it will be difficult to get this off the ground. One major worry for anyone selling HW now is that there is a real chance that mining will flatline for a couple of years. That is if they launch now or beat bitfury by a significant amount of time. Since bitfury has shown demo of chip, and SP has not had anything but rendering publicly I'm not guessing this will happen. I just see the big operations going to most efficiency with the "big money". NDA's make it kinda hard to know progress as most are secret on a lot. But if Bitfury beats SP to launch and has a better efficiency... I don't think it will be competitive. And that is pure speculation. We have no idea on SP process on how far they are with chip. But Bitfury doesn't sell any of their gear. They just maintain higher profits. They're not going to trigger another 51% attack fear wave. I hope. One major worry for anyone selling HW now is that there is a real chance that mining will flatline for a couple of years.
If it doesn't flat line then someone is doing something wrong. The major uncertainty is BTC(XBT) price development.
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Unfortunately classic is not quite dead yet.
When it is and the threat of chaotic, contentious and unnecessary (segwit is superior) hard fork is over, we can all look forward to a massive price increase (like move from 230->450 after xt collapse) and bitcoin moving forward.
These bombing runs from Gavin and coinbase are getting tiring.
I doubt they will be able to centralise bitcoin development under their control.
Why unfortunately? Isn't it always good to have different possibilities? you never know what might happen I personnally support all the coins! Classic, Core, Litecoin... It's precisely because Bitcoin Classic isn't an alt they all go mental.
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Unfortunately classic is not quite dead yet.
When it is and the threat of chaotic, contentious and unnecessary (segwit is superior) hard fork is over, we can all look forward to a massive price increase (like move from 230->450 after xt collapse) and bitcoin moving forward.
These bombing runs from Gavin and coinbase are getting tiring.
I doubt they will be able to centralise bitcoin development under their control.
I admire your willingness to stick the script after being so thoroughly undressed and smacked down in this thread. Kudos.
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By the way, you know that pre-fork coins could also be sold off on majority-fork exchanges? Particularly because early adopters might be a little pissed off at the commit keys for bitcoin's dominant implementation being in the hands of a junior dev who wants to make the question of inflating the money supply a democratic one (jtoomim). How do you know who controls millions of pre-fork coins? You can be sure that I'll be dumping everything the second Toomim gets the keys to the kingdom, and I know several likeminded people.
This is the most likely outcome. Once we start selling everything and the price starts crashing, everyone will join in on it. I believe that If non-Core hard fork wins, major holders will sell BTC, driving price into the ground. 28113.50234684 Ƀ (84.89%)Gavin said himself that he doesn't see bitcoin as a store of value, just a means of exchange like any other currency: https://bitcointalk.org/index.php?topic=204.msg1714#msg1714That's not what the post says. It didn't say that when Gmaxwell linked to it, and it doesn't say it now. I am really worried about the reading comprehension of Core supporters. He clearly states that "[m]oney can be used as both a means of exchange and a store of value."Nor does he imply that dollars, euros or yen aren't a store of value: "If you use Bitcoins as a store of value... well, then you're a currency speculator, which can be highly profitable but is also highly risky. Whether you're hoarding dollars or euros or yen or Bitcoins..."Besides, that post isn't about defining Bitcoin, it's about how he planned to use Bitcoin back in 2010. Nice find though
Oh! For crying out loud...
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100% dead. Ain't never coming. Spondoolies and Guy Corem to get sued by creditors soon. I really would like to know out of curosity on SP50. If they are able to do some changing and get a chip that is closer to Bitfury's reported chip. Or if they really will not release and consider sunk cost. Only way I see them winning is if they can drastically beat Bitfury on chip price. And that no one knows, or at least no one without a NDA. For what it's worth I was hoping they would do consumer ones like SP20 again instead of SP50. Doubt that changes but seems they would want to do something with the chips they I would guess put a decent amount into R/D. And I guess we really don't know that either as no demo. So many good questions, but don't think we will get anwser. Although eventually we should it is interesting how SP has to release info compared to most privately owned firms that are tight lip'ed. If they released SP50 with "current" specs it would be plenty competitive, but fabs need to see money. Without some sort of pre-order it will be difficult to get this off the ground. One major worry for anyone selling HW now is that there is a real chance that mining will flatline for a couple of years.
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http://xtnodes.com/ classic crashed and burned already ... oh well should be good for everybody. Quests of futility can be character building and educational for those less fortunate in the mettle and brains departments. Second most used wallet, after just being released (is it officially released yet?) does not sound like "crashed and burned". It's a Beta 2 release with binaries but still without mining support. So, no. It's not released yet.
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You can't win, smallblockers. It doesn't matter who you DDoS or what other dirty tricks you pull, when the market tanks, the miners will switch to big block code.
...or to a more FUD-resistant coin. Mission accomplished. Just stop your FUD then and embrace the love of the pah-wraits.
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That's a lot of VanillaIce these last couple of pages. Looks like the bullies are getting nervous.
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Christ....I remember when this thread was about walls, trading, speculation and general 'doom' or 'moon'...now its just page after page of people talking incomprehensible blockchain bollox and petty politics.
There has always been some sort of crisis threatening the very existence of BTC, get used to it.
So, all the bed-wetters getting worked up about this: you do realise there are entire sections of this site devoted to these topics. Perhaps you could all fuck off to those pages and stop boring everyone me to tears with your endless segwit, hardfork fuckwittery.
You just drop in every six months to tell us we're a bunch of assholes. We know! We're trying to improve ourselves! Don't we sound cleverererer now?
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Why does anybody push this crazy chaotic, contencious (75% 28 days) hard-fork when we have a far superior solution in segwit.
Could everybody please chill and not belive the FUD about capacity cliff. Bitcoin doing as good as ever.
Because, just maybe, they dont share your blind faith? Blind faith in what, Gavin? You think Segwit wont be implemented? Its already running on testnet and wallet developers are working with core devs to integrate. Most wallet devs said its relatively simple. That statement is just waffle. Capacity and segwit are 2 different issues. Are you saying segwit is a capacity solution? I'm sure that will be news to its developers as they wrote it to solve a very different problem set. Or are you suggesting that it is a capacity solution by virtue of its radical reformatting of block structure, and that that is in some way less risky than the 2Mb bump? How do you feel about the segwit kludge of pushing its commitment into the coinbase tx? You ok with that design approach? What was the motivation for it? Expediency, efficiency or just so that they would not have to sell segwit as an evil HF? Segwit gives the same capacity increase as your hard-fork, if thats not a capacity solution that how is hard fork capacity solution? Its much better tho as its a soft-fork and gives many other improvements. Among them it fixes malleability which is needed for much better capacity increases down the line. The hard-fork offers nothing in that department. It doesn't give the same capacity increases even in the best case scenario, which would be if everyone adopted it straight away. And that would only happen if it was launched as a hard fork. I hope for at least 1.3MB straight off the bat, but that might be optimistic.
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I am genuinely looking forward to seeing what response you, brg444, icebreaker, hdbuck et al. provide for our entertainment if the network actually forks to classic and no disaster occurs. All that brazen supercilious venom spewed over the last year with potentially nothing to show for haha. I'm glad you're finding it hilarious. I don't. Because I invested non-trivial portion of my portfolio into Bitcoin and I'd hate it all to go "poof!" if a hostile hard fork backfires and the net DOES split into two. Are you willing to bet ALL your BTC that this has a zero chance of happening? I would not be so sure. Still got time to cut your loose *Not much tho, look at them Classic nodes springing up! Like mushrooms after an autumn rain Actually, those classic nodes are more like fungus spreading on the corpses of XT/unlimited nodes. So we agree that Bitcoin Classic is a kind of fungus. I guess that's progress. Yes. All fungi have a certain role to play in any given ecosystem. Careful, you're turning Gavinista now. No. But we certainly do need mechanisms for the removal of decay whatever that might be. Classic is a temporary manifestation of this and it does serve a certain perhaps obscure purpose for sure. Agree 100%
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The guy tried his best to help fix a problem and was treated as shit for it. Maybe he should have tried harder to write some actual code. It doesn't seem like our current conundrum is due to a lack of code. I am genuinely looking forward to seeing what response you, brg444, icebreaker, hdbuck et al. provide for our entertainment if the network actually forks to classic and no disaster occurs. All that brazen supercilious venom spewed over the last year with potentially nothing to show for haha. I'm glad you're finding it hilarious. I don't. Because I invested non-trivial portion of my portfolio into Bitcoin and I'd hate it all to go "poof!" if a hostile hard fork backfires and the net DOES split into two. Are you willing to bet ALL your BTC that this has a zero chance of happening? I would not be so sure. Still got time to cut your loose *Not much tho, look at them Classic nodes springing up! Like mushrooms after an autumn rain Actually, those classic nodes are more like fungus spreading on the corpses of XT/unlimited nodes. So we agree that Bitcoin Classic is a kind of fungus. I guess that's progress. Yes. All fungi have a certain role to play in any given ecosystem. Careful, you're turning Gavinista now.
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The guy tried his best to help fix a problem and was treated as shit for it. Maybe he should have tried harder to write some actual code. It doesn't seem like our current conundrum is due to a lack of code. I am genuinely looking forward to seeing what response you, brg444, icebreaker, hdbuck et al. provide for our entertainment if the network actually forks to classic and no disaster occurs. All that brazen supercilious venom spewed over the last year with potentially nothing to show for haha. I'm glad you're finding it hilarious. I don't. Because I invested non-trivial portion of my portfolio into Bitcoin and I'd hate it all to go "poof!" if a hostile hard fork backfires and the net DOES split into two. Are you willing to bet ALL your BTC that this has a zero chance of happening? I would not be so sure. Still got time to cut your loose *Not much tho, look at them Classic nodes springing up! Like mushrooms after an autumn rain Actually, those classic nodes are more like fungus spreading on the corpses of XT/unlimited nodes. So we agree that Bitcoin Classic is a kind of fungus. I guess that's progress.
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... let the DDOSing begin now that techignorati who use binaries because they can't build from source are wandering stupidly into the badlands. tally-ho
I remember the pang of pride I felt building a an executable from source. Wait... no i don't. "Source code is out there" is code for: this thing is only half-baked круто
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"The lines cross and omg! catastrophe happens" is the sophisticated wrapper around the bullshit argument "nobody goes there any more because it is too popular".
If you think the world has enough Bitcoin users as things stand today, you have a point. If you think that use of Bitcoin growing by a factor of more than several dozen percent is desirable, then your point is ridiculous. I don't think either of those things, you have just presented a false dichotomy, albeit shoddily constructed, that advances the debate by zero percent. I was just pointing out the totally false and misleading argumentation of this whole "the lines cross omg! catastrophe" bullshit that your best friend Mike Hearn started. You know that guy that did famously well out of bitcoin, made him wealthy, got him out of a failed marriage and landed a cushy gig advising mega-banks and stabbed bitcoiners in the back without a thought of gratitude. u r mad The guy tried his best to help fix a problem and was treated as shit for it. So he spoke his mind, made a clean cut and moved out of Bitcoin. I think it's best not to think of who stabbed who in the back. (cushy job? the dude came from Google. not exactly IT backwaters)
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I literally have no idea what you people are talking about. me neither
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Of course. Central planning has proven to be the superior economic method. The free (not fee) market is so overrated.
Free market is not free shit. That's not for you to decide. It can be. Nodes offer their services for free, so you've got free shit right there.
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