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so much concern trolling and wall o' worriers in the face of bullish rise ... algos gonna sniff out 10% gains when the main markets open tomorrow
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ok, who's ready for some more apples?
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Bitcoin: distributed decentralized money secured by cowardly miners concentrated in China. There is no plan or code to switch security measures if they get compromised.
Awesome. This is where I keep my life savings. I'm a fucking genius.
ignored ... i don't know who has taken over the BJA account but it is clear now your aim is to FUD and stir shit at every turn, big-block war pumping, now something new to pump FUD ... you are an enemy of bitcoin. |
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new pump incoming ... the crassic storm of poutrage FUD is just feeding the fire now, driving the vortex from the other side. Anti-fragile demonstrations have been the biggest drivers for bitcoin price appreciation thus far. FUD harder lusers, it's working for us now  |
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A hard fork scheduled a year ahead is fine, it is how satoshi told Gavin to do it but he didn't listen and tried to rush it (for his own nefarious means it seems).
So ;
- from April we get SegWit roll-out, effectively 1.7-2.5MB extension space in blocks
- from July 2017 we get a hard fork to clean up code and up to 4 MB effective extension space
- plus Schnorr multi-sig schemes saving signature space
- plus more payment channel development and integration (Lightning or similar)
- plus fraud proofs to make secure SPV node validation
- plus pruning and UTXO set short-form validation schemes
- plus network sharding, thin-block, IBLT, etc research
- plus probably some sidechains projects come on-line
- plus better off-chain transaction processor third-party auditing (looking at CoinBase, Circle, BitPay and exchanges to become more provably-backed)
- plus innovations noone has seen just yet (e.g. 21.co, random-coder-dude in garage working on THE shit)
Bitcoin doesn't scale?? Get real.
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shoulda copyrighted that one  |
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I was wondering what would be the exact date for the halving... Anyone here knows?
I guess the price should skyrocket just before the halving, that's why I need an exact date
didn't you read the thread at all? ... there is NO exact date. It happens at block 420,000 which currently is expected some time in mid July. |
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how do ya like them apples?!
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euuww, I think I just puked in my mouth a little recalling that putrid article ... What's also crazy, when speaking of delivering epic returns since 2009, Gavin was also the lead dev of Bitcoin during the ATH bubble of 2013! So yes, I will stay true and reject the pretenders. I'll stick with Gavin and his future vision for Bitcoin. gavin was a convenient face of reason to present to the authorities when bitcoin was so alien it should have been banned .... take a look at the code, he was at best a maintainer not an innovator (except for the BIP 70 privacy backdoor he insisted on slipping in), now he's just annoying baggage, like some bloatware, that needs to go the way of Hearn. he was also the prime mover for setting up of the bitcoin foundation (and primary beneficiary as it squandered millions) ... in all its epic fail. Then why did you reference gains since 2009 and tell me to stay true, reject the pretenders? By your own points the current Core devs are the pretenders and have brought nothing but losses. Perhaps you just said something dumb, that you didn't really think through? I was gonna ask him the same thing. that's was just a troll bit to kick things off and get you guys riled up and shooting all over the place, hopefully hitting each other in the process. |
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I'll stick with Gavin and his future vision for Bitcoin.
Since when kicking the can down the road is a vision? Increase block size to 2MB, then to 4MB, then to 8MB, then 16MB, then to 32MB, then to... 1GB? Free space on the blockchain for every spammer. That is Gavin's 'vision'... it ain't free if ya gotta buy bitcoins to write there. That's why we HAD a longterm exponential uptrend. We thought that we were buying 1 /21 millionth of the whole chain to write on so we paid. Now I ain't paying for shit. I'll never buy another bitcoin unless it's mined in a 2MB block and I'll advise anyone who asks to do likewise. good, bye bye, come back when 2MB is ready for you, you can flounce out and make a big drama queen scene wehn you leave but just stfu already, we heard you the hundredth time. ... in the meantime, if anyone was interested bitcoin is embarking on major bull run, 428 broken, 456 is next stop, 480 pause, 500 should fall easily then taking aim for 600-650 region. |
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You know how the big-block arguments are basically bogus? ... in the end they are appealing to cult of personality (Saint Gavin will save them), because their reasoning and logic is ultimately devoid of adequate substance to base technical decisions upon.
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euuww, I think I just puked in my mouth a little recalling that putrid article ... What's also crazy, when speaking of delivering epic returns since 2009, Gavin was also the lead dev of Bitcoin during the ATH bubble of 2013! So yes, I will stay true and reject the pretenders. I'll stick with Gavin and his future vision for Bitcoin. gavin was a convenient face of reason to present to the authorities when bitcoin was so alien it should have been banned .... take a look at the code, he was at best a maintainer not an innovator (except for the BIP 70 privacy backdoor he insisted on slipping in), now he's just annoying baggage, like some bloatware, that needs to go the way of Hearn. he was also the prime mover for setting up of the bitcoin foundation (and primary beneficiary as it squandered millions) ... in all its epic fail. |
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euuww, I think I just puked in my mouth a little recalling that putrid article ... |
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We do not want a war, but by God we will fight it if you give us no choice.
It's changing a 1 to a 2 for Christ's sake. You wanna burn down the house over that?
No, but apparently you do. War and rumours of war, what is it good for? There is no split just a small bunch of big-block heads who lost the plot on one number. Cooler heads will prevail. Price will follow when the big blocks sober up from their delusional power trip. |
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Bitcoin Core ... delivering epic returns since 2009.
Stay true, reject the pretenders.
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This present situation has been very disappointing to watch unfold.
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... and who increases bitcoin utility?
deadbeats ranting and raving on forums about how terrible all the devs are ... or developers adding features, tools, layers, wallets, protocol extensions?
Only clueless dogs bite the hands that feed them.
rah-de-rah rant-de-rant rah Core gets no special credit for just doing their damn jobs, especially when they aren't doing them. noone gets to tell devs what they can and can't do ... you choose who you follow, the genuine or the charlatans and deceivers what is your "damned job" (besides ranting on here about how bad core devs are)? I would even invest/help to create some bitcoin businesses if I knew how much blockspace I could use. There would be huge potential for title registry/xfer, equities exchanges, smart contracts, etc, but I would need to know what sort of fees I'd be paying and to be certain my transaction wouldn't be locked up for days if I guessed wrong. You could do all of this on namecoin blockchain for free with as good as security as you'll ever need for these functions ... no, I suspect that your problem isn't that "can't start mah bidness without bigger blocks" ... it's just that your a disaffected trash talker who has found a convenient cause-de-jour to rant about. |
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I would still argue against favoritism in the fee economics..
The reason this was done is 2 fold.. incentivize adoption to segwit and more importantly Reduce UTXO growth. I will remain distrustful of Core's leadership and their conflicted interest in forcing the settlement layer architecture.
How will bitcoin scale to the mainstream if it didn't act as a settlement layer for the main chain? It certainly cant get far by continually increasing the block side. We won't ever need to scale if we don't maintain/increase Bitcoin's utility. ... and who increases bitcoin utility? deadbeats ranting and raving on forums about how terrible all the devs are ... or developers adding features, tools, layers, wallets, protocol extensions? Only clueless dogs bite the hands that feed them. |
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Here's my uneducated opinion on SegWit:
Should SegWit be a hard fork or a soft fork? I prefer a hard fork but I don't really care.
Should we have SegWit or 2 MB? I prefer 2MB but I don't really care.
Should we have 2MB once and see what happens or a 2-4-8 schedule? I prefer the latter, but don't care.
Should we run upgraded Core or Classic? I prefer Classic but don't really care.
Just end this crap. If we can do this, I'll close my short and help pump. If there is no solution in place and the market keeps pumping anyway, My short will blow up and I'll start liquidating my cold storage.
... so your uneducated opinion leads you to actions that will keep the fight running as long as possible? There is no 'solution' that will satisfy you because you have ill-posed the problem. |
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