NO WAY

Keep the private key to your BTC yourself in a wallet you own and do not trust Coinbase to hold them for you on the 28th
because they then get to decide if they will keep the new coins or pass them on to you.

DO NOT move your coins to another on-line wallet because someone says you need to give them your
BTC to get the new coins because it will be a scam.

You need your coins on the current BTC block-chain and you can deal with wallet issues at a later data.

I am not suite sure if this Segwit2x fork on the 28th is a scam or not just yet.

They (Bankers) know that we are not happy with $30+ transactions costs in BTC and might be trying this ploy
to stop us from all running for the exit door because we need coins on the block to get the new free gift.

I don't even know if scammers have taken over and are just using other peoples names to scam people because the
volumes on B2X look real low to me

BTC crazy transactions fees have got to come down or else everyone will be walking including myself.

I am not paying $30 in costs just to sent $0.50 in BTC to my new Jaxx wallet when i test it, no way and the
same goes when i test out shapeshift.

Very little of what BTC started out to achieve is working just now, it's not doing what it says on the box
and the Lightning network is just a sticking plaster that will create more problems than it solves as is
the case with the bloat block-chain and wasting effort on counting grains of sand to waste massive amounts of computing
power and electrical energy just some a machine can win a prize.

Come on by the time we are being charged gas for mere bytes of data when networks are measured in gigabytes then
something is very wrong.

  

You want to listen to yourself because you have gone all religious and see BCC as Islam
and the number 666 in your eyes just because your betting that nothing can knock some of your
precious profits out of your pocket.

Maybe we need to be like you and flag the term "BCC" as "Hate Speech" to the moderators here.

Get a hold of yourself man

Pump and dump, this is what bankers do and much of the main stream media
is in on the plot, they work for bankers remember.

Russia Today has been pumping BTC for years, it's always going up, it can do nothing wrong
but on que they are now talking about Tulips and alt-coins going bang.

Yeah the cold war is a fake soap opera I know and RT does a double act with CNN to
keep them both in a job but even their articles are little more than paid infomercials
when you look closer.

Die hard gamblers here can take heart in that i can still see $50,000 down the road
and then back down to $10,000 because slot machines that don't pay out simply don't
get played and they (Bankers) are still trying to entice the masses to take up gambling
just like they got Americans to smoke and Russians to drink Vodka 100 years ago.

Yes we need a digital currency but not one that can only survive based on gambling that the price wiil
always keep going up
 

Bitcoin is more of a token used in a casino and is not an asset as such
and cannot be called a currency because to be that it would need to have
a stable price.

The Casino across the road does not charge me a large $20.00 plus "Transaction Fee"
to get past the security guards on the doors so I think i will go and play the
slot machines they have to offer.

Forget all the talk about the technical aspect because Crypto-Kitties is well
ahead on that game and you can even breed that cats and sell the kittens if
you apparently want to make money.

People lets call a spade a spade but make some money before it goes bang if you think you can  

Sounds like the OP is being a bit of a cry baby and people like him are
always trying to hide behind what they call "Hate Speech"

I know lets ban BlackCoin (Yes they have one) if we cannot create
an ICO for WhiteCoin or are the rules not quite that simple

Most people here will understand the risks, well err.... I hope so and if we get burned then we deserved it because we have been too
greedy whilst gambling and did not know when hold and when to fold.

Trouble is the masses who have been playing slot machines for years might create a virtual gold rush and all jump in feet first
and then we will have trouble come the crash, pull back or bear traps as some may call them.

All i see in the press is "BTC gone up again today" but just now it's trading sideways so the gun is being primed so yes
I think we should see a warning sign on the door to the casino because for a short time it will be like taking candy from a baby
and lets face it most people here intended on doing a lot of taking if we are honest about it.

Yeah, yeah baby to the moon !

Wow i don't know how us programmers in the past managed to do anything with out proof of work, you know
counting the number of black pixels on hundreds of images just so we can keep wasting electricity and spending
money on 1080 GPU's in order to have POW in our programs.

Where did the need come from, yes i remember this block-chain thing as if we never had databases or
spread sheets before then or be in a position to lock records or data.

That satoshi guy created more problems than he solved in developing digital "Peoples money" and TBTB
are none too happy about Bit-Torrent but BT does not waste time and energy counting grains of sand to
over come the problems does it now.

Tor is also another nice tool (Before someone got it to spread wannacry viruses using the client SW, not back doors in browsers, kicked off the boom in BTC price)

It seem to me that what we wanted and what we have got are nothing like each other and people like me or people that are
smarter need to go back to the drawing board if we are left with counting grains of sand and distributing a 200gb to each and
every node that tries to run a system in near real time.

ETH that allows us to deploy programs (call them contract, keeps wall street happy) on distributed servers that use a type of gas to cover
the running costs is cool but look closer, it's not offering .onion type sites you get on the underground using Tor and seems to be just offering
a very expensive service, if not easy to use that allows us to rent space to store a few global strings and int32 numbers at a huge cost

We need to take concepts like Tor, Bit-Torrent, ETH, Tangle, BAT and what has been learned from BTC and go back to the drawing board and to
look at this again and start from scratch me thinks

Each node in the network should also offer a VPN or proxy type service and be paid in a type of gas because the internet is being closed down
using censorship so we need to not only take the money back but also our freedom of speech whilst we are about it

The BTC block-chain now comes in at 200gb in size and the ball has only just stated rolling

That's a big number in any database or file system folders and remember we have only just stated.

To process a transaction to see if a wallet has the money to spend you have to trace each part of
a coin back down the chain to the date it was originally mined so you cannot just jump to the top of the
data and need to pull data from all over the place, leafs in a database or ledgers on the file system.

Unless "everyone" has an I7 machine running 16gb or ram and large fast disk drives then we are already past
"Everyone" and you want to see what happens to a database than has an index on a field and the index won't
fit into ram and it keeps getting paged in and out of memory because this is where we are going and believe me it's slow.

We been sold a duff one, hope your starting to see it and want to be part of the solution like I do.

Transactions per second

BTC = 7
ETH = 15
IOTA = 100 (Tangle not block-chain)
VISA =25,000

I would push the message home by adding transaction fees too but i am sure you get the message.

Playing around with block sizes or times will not make BTC or any other coin using a block-chain
scale to 7.5bn people on average a day doing one transaction

Someone smarter than me needs to go back to the drawing board because this bushiness plan
is not going to work once the Tulips crash and are are back to farming flowers at $0.50 a pop and
having to dig mud again on the farms.

Big Biz has got it's toes in the door as you all know if you want to take a profit and spend it as
fiat paper cash down at the shops in the High street

The brokers like Coinbase are scared to death by forks of the data and maybe this is why Bit-Gold was DDOSed when it split

You see anyone with coins held in the ledger before the split are entitle to a new coin in the new system so were has my money gone
and why won't Coinbase or other brokers allow access to Bit-Gold

Well you see they have this pool account thing in a database so if you sell a coin using a broker then
it just returns to the pool but they still charge you massive fees and then as someone buys the coin
they charge them a big fee too but this movement of digits does not take place on the block-chain even
if you think it does because they gave you a BTC public address.

No sir, these coins in the pool are fake and on any fork they won't tie up with data in the real block-chain
so kiss the free bit-gold goodbye

Each fork double the money/token supply and we have fake coins being generated by brokers so
when someone talks about having no inflation due to a limit of 21m digits then may i suggest that you turn
a blind ear because clearly this is not true.


 

I once programmed a bit-torrent client from scratch and i can write DNS or proxy server code for breakfast
plus get around things like Whois and even knock up my own DLNA servers and lots more too.

Web sockets are what i do.

Your options are downloading and wrapping a mega large library like NBitcoin and wrapping in
your own code and not having a clue whats going on without spending a year on the project or using some
of the many on-line API's over HTTP that have popped up all over the place but they come with a sting in the
tail of charging you a fee.

Forget talking to node on port 8333 and sending packets because I have tried this and did not even get as far as
asking the nodes for a list of other nodes in the network let alone getting ledger headers or anything that might
involve a transaction.

You see students wrote the code and they all want to show off about how cleaver they are and i have been
around long enough to have the confidence to call a lemon a lemon when i see one

"want to develop for possible ICO"

See ETH Contracts, Looks like a much easier job but get your head around "Gas" and how the costs to store a string
on the block-chain might change if the gas prices goes up. Not sure if the ETH system allows you to do things like process
domain names or make calls out to other services that are not ETH contracts (Programs) or if the whole thing is about
charging people a fortune to access and store data in this magical thing called a public block-chain

Regards

MCSD, Msc
 


 

From the top of my head

BTC = 7 transactions a second
ETH = 15 per second
IOTA = 100 per second
VISA Card = 25,000 per second

Block-Chain is a disaster and does not scale as we can see

We need big brother and bankers out of the loop but that does not mean we need 80,000 machine all keeping a
copy of a data 200gb structure that needs processing from start to end to calculate if a wallet has the coins/token to spend.

Keep going like this and BTC will still trade but it will all be based on fake coins like Coinbase is using or we will end up
with a flood of paper type gold tokens trading at 200:1 to physical gold.

You don't measure data costs in bytes but mega bytes and if machines want to compete in doing useless calculations
so that they can win a prize and eat up tons of electricity then what does that tell you about the design.

The block chain solves a few problems and created ten more but both hardware manufactures and
electrical providers love it.

The whole concept needs a re-think and the Lightning network sticking plaster from what I have read won't hold
and will lead to others financial costs within the system.

They all say they are back-logs so when we was paying near zero in transactions fees the system worked fast and now we are paying $20 (Some double that amount i am told) we are having to wait.

Are the volumes high because the price seems quite stable for BTC just now and we all know that the big brokers shut up shop during a spike there by locking people in who want to take a profit.

I don't like the vibes I am picking up here today but please keep them coming because it has got to be said

NO, NO and NO do not send coins to exchange where my coins are kept and you are bettor off keeping the history on the coins you own just as it is and in the block-chain

I am told that Coinbase can do what ever they like with the pretend BTC they hold for me in a pool account and I am betting they circulate more BTC then they own to get any this Bit-Gold
to spread around so i am betting that I have kissed my bit-gold goodbye.

if you are nervous then take your stake out instead of being greedy and by the way "C" is what we had before CPP or C++ as they call it 

 

The poor guy two up has been forced to pay $40 for a transaction and anything over $0.60 in my book is high and that's much more than
what it cost on the BTC network back in Jan of this year.

I think they have a test rig for using the Lightning Network up and running but BTC for years worked just fine until recent times so I
am sure the tests might produce good results but I am not alone when I see trouble with a two tear system where one is using channels
and the other is not.

Myself being a small time gambler it does not make me nervous to see a radical re-write of the whole system from start to end
but it does a lot of people around here and lets face it something radical about these transactions fees is going have to be done and done quite soon

P2P without brokers and a real decentralized system of miners where ten big names don't control 90% of the market is needed and we must
also cover micro-transactions in a much more efficient way than putting everything on this magical thing called the block-chain because that's become
what programmers call "Blocking" due to the size of the 200gb database and having to access leaf data from hundreds of leafs to workout ownership of each part of
a coin

I must say the $95 does look cheap for the name and was i in this market then I think i would take you up on the deal

Years ago i was buying new domain names thinking I would get rich quick but only really managed to sell one that made me £400 profit to offset
the loss on my £1000 gamble and the reason was they kept bringing out more and more top level domain names.

Point is that's just what is happening with all these alt-tokens

Many people might not know this and just repeat what someone else has told them but if you scan google search results using 36,000 search's and then
scan these sites looking for new domain names that are not being held as parked domains and you also excluded all domains that do a 302 redirect to
another domain then you are left with a number of domains that are really being used and that number for the total in the world is around 2.5 million
even if we have a billion domain name registrations.

 

Maybe we are saying the same thing when i say they need to archive out all the old data and create a type of snap-shot of the leader

This will buy some breathing space and involve closing BTC down for a couple of days hopefully without crashing the price.

Better bite the bullet soon because i am hearing about some transactions that are taking days to complete but mine with Coinbase
only take a second because these coins are not in the block-chain and belong to a pool and logic says to me that they are all
counterfeit but this speed comes at a great cost in exchange rates and fees.

Longer term, using this breathing space i think they need to start again from scratch and maybe take some of what IOTA has done with
Tangle plus what has been learned so far and get back to free transactions and a system that will scale and keep away from having to
batch the job using Lightning network else things will get too complicated when they try to unwind BTC1/2  for a network that is head of the game.