This is an old thread, and yes I have lost much hope for Bitcoin
Bye felicia  |
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$421 boring action man. Somebody wake me up from hibernation if/when we hit $700 or something.
Even in the best-case scenarios, $700 is going to be a while... Maybe 4 months or longer....? I would think that if we get into the $480s (and possibly into the $470s would be sufficient), then it is very likely that we would be able to experience the $600s within that same price run... and the $700s seem to be quite a longer shot, especially without some correction (profit-taking) period, first.. which could cause several months of delay... but really, I would like to be wrong, and it does seem difficult to deny that bitcoin is due for some kind of upwards price explosion... I just fear that getting into the $800s would likely require movement to a new ATH (and we may not be quite ready for that, yet?). 680 is next stop |
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if a miner minted a block today that had 1 segwit-like TX in it, i seriously doubt that block would be valid.
It would be valid, of course. Perhaps you should consider posting less and studying more? -- not trying to insult, but without the basics you're wasting people's time. If this stuff is so simple why don't you explain it. If it's too complicated to explain why are you intentional complicating Bitcoin, its not like we don't understand how its supposed to work. Here, Greg let me help you bring this back on topic. Can you explain SegWit to a lay person who's been using bitcoin following developments and mining, and since Early 2011? Quoting you here" Perhaps you should consider posting less and studying more? -- not trying to insult, but without the basics you're wasting people's time" and I'm pointing out its not clearing up any of the FUD around SegWits. could you please explain it from a high level instead of insulting people. The material is out there for any person with genuine interest to learn. Your gang of troll is being intentionally obtuse |
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Still entertaining the adam useful idiot I see  |
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glad to see your onboard for segwit.
How about you roll a blunt or open a bottle of wine and chill a bit, you're not helping yourself getting all excited and drinking the bitco.in kool aid. Really, stay away from that place it's full of scammers and liars. |
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you guys got me.
its completely insane to think bitcoin could operate without having the majority of nodes ran by individuals.
clearly what we have now is a very decentralized system
and we need to keep it just the way it is.
This is not about restricting nodes to any particular subset of society but achieving robustness through diversity and diffusion of power. Continue to educate yourself, maybe one day you'll get it. have you given up on your 1MB forever stance? It's not up to me and quite the opposite I'm increasingly comfortable leaving the block size alone for the near future absent some undeniable consensus on how to move forward. Segwit, payment channels are coming, lightning later on. Bitcoin is thriving why the fuck would you want to mess with it. you get segwit means ~2X more bandwidth requirements on nodes right? you're comfortable with that? For the nodes who care to upgrade sure why not. You can also opt to stay behind. |
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you guys got me.
its completely insane to think bitcoin could operate without having the majority of nodes ran by individuals.
clearly what we have now is a very decentralized system
and we need to keep it just the way it is.
This is not about restricting nodes to any particular subset of society but achieving robustness through diversity and diffusion of power. Continue to educate yourself, maybe one day you'll get it. have you given up on your 1MB forever stance? It's not up to me and quite the opposite I'm increasingly comfortable leaving the block size alone for the near future absent some undeniable consensus on how to move forward. Segwit, payment channels are coming, lightning later on. Bitcoin is thriving why the fuck would you want to mess with it. |
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If you kick out individuals and add government/institutions/corporations into the equation you will most likely end up with a central authority.
If you kick out individuals then you are already a form of a government. If classic implements blacklists, then they will assume the position of governors of bitcoin ,and then it will become centralized. It's really hard to keep bitcoin decentralized, too many powerhungry people are here  or desperate get-rich-quick douches like adamstgBit |
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you guys got me.
its completely insane to think bitcoin could operate without having the majority of nodes ran by individuals.
clearly what we have now is a very decentralized system
and we need to keep it just the way it is.
This is not about restricting nodes to any particular subset of society but achieving robustness through diversity and diffusion of power. Continue to educate yourself, maybe one day you'll get it. |
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decentralized global currency
they will make one that suits their needs.
 Jesus christ you are stupid. I feel bad for your kid  |
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are views as to what constitutes a decentralized system differs to much...
Run by various government/institutions/corporations != decentralized coin. That's a "Capital Coin". If you want such a coin, just fork off with the existing support that you have already. Don't try turning Bitcoin into something that it isn't. in my view its my duty as a bitcoiner to discuss my views on its future. this doesn't necessarily mean agreeing with the status quo. ( if we all just TRUST 1 group of devs to have our best interest in mind, WTF is the point??? ) also... Run by various government/institutions/corporations Can == decentralized IF there is no central authorityso the peers are tend to be a level above individual poeple. Meh.... beside no one is stopping individuals to invest in a 10,000$ node and participate in this network i am suggesting. That's a pretty big IF. Most governments, institutions and corporations are fundamentally centralized. Hence why they each can be regulated. the canadian government is not subject to the USA government in a centralized manner. in a sense the systems of governance around the world are decentralized, each operating independently from each other working toward a common goal ( making pencils! ) when the governments meet at the united nations are they there to hear the wishes of a commander and chief and carry out his orders. or do they each act as individuals working ( trying to work ) toward a common goal, each with there own agenda. So long as there are competing interest who are dependent on a consistent blockchain Bitcoin will remain decentralized. All governments have aligned incentive to control supply of their currency and therefore would unilaterally move to remove the supply cap from Bitcoin. All governments have aligned incentive to fight capital control and therefore would unilaterally move to enforce redlisting in Bitcoin. Congratulations, you've just removed anything that Bitcoin was interesting for because you're just one naive fool. Go read these and try and to get a clue https://attacksurface.wordpress.com/2016/03/10/bitcoins-social-security/https://attacksurface.wordpress.com/2016/03/08/bitcoin-development-serves-those-holding-bitcoin/https://attacksurface.wordpress.com/2016/03/09/bitcoins-distributed-defense/Then again I'm not sure if you can be saved... there seems to be no bounds to your ignorance |
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We already have mainstream/datacenter coin. It's called paypal.
i want a crypto decentralized amongst gov/company/bank/universities/etc. Most companies in the field today already use centralized services and don't even run their own node. Ever heard about specialization? You really are clueless heh |
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so, no ... classic don't help Bitcoin network AT ALL.
What makes matters worse, apparently most of those nodes are pruned nodes (if they're using the service that is being promoted). Basically, it is just someone/a group of people who wants to show fake support for Classic. fake is relative, there are real poeple funding these nodes... its not as tho there isn't support for classic there is MASSIVE support for classic. ~100.8 PH/s of support its funny how no one acknowledges that. Massive relative to BU's support maybe With regards to the entire ecosystem its support is marginal at best. |
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if anything the barrier to entry on running a full node should be raised to make it easier to hear the voice of Serious participants, participants that matter like bitpay, bitfinex, or tiger direct.
Do you even realize what you're saying? Were you already corrupted by the people on that other (horrible) forum? The option to run a node should always remain as cheap as possible. this is not somthing new i picked up from the other forum i never expected that devs would make such an effort to keep node requirements low enough to run on a raspberry pi. in fact i was lead to believe that full node centralization was natural evolution this was the creator's vision as well. Indeed. I'm not sure how you thought such a view would be received, adamstgBit, but even as someone who supports a larger blocksize, that's just plain wrong in my view. "Participants that matter"? That sounds equally as horrid as the elite-chain fans who think that only the whales and early adopters matter. The voice that should carry the most weight is the one talking the most sense, not just whoever happens to be a big company.
some node centralization Vs settlement layer prohibitively to expensive to use by everyone i'll pick full node centralization.... its not like not running a node will prevent anyone from participating in the development or discussion i'm just point out that by keeping requirements low, makes node count MEANINGLESS just look at classic nodes, if we go by that metric classic is the favored implementation. if it cost 1000$ a year to run a node, node count would actually mean somthing. clearly there is a balance to be stuck between keeping node requirements low and allowing the main chain to grow. 1MB isn't it. segwit + 1MB is a good start but I want MORE! also i want to feel as tho the devs are on the same page, they will do everything they can to allow mainchain to grow. you need to seek someone intelligent who can explain these things to you. clearly you have failed at educating yourself properly. now everytime you open your mouth you look like an idiot. |
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I do not want to be a part of Bitcoin anymore, I do not believe in its new direction.
BYE FELICIA! |
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I leave this place for a couple of weeks and people are still trying to knock some sense in LyingSapere
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when did johnyj sell his account  |
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 v.0.12.0 has only been out for a week! |
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look at the blocks, all spam.
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