^Teehee  I like Gavin and Jeff a lot. But I've come to the sort of shaky conclusion that the threat of a contentious hard fork is the ultimate stress-test. I really think they should stop now.  Your difficulty is in believing the line that a "contentious™" hard fork is strange or bad. It's how the network fucking WORKS. Of course there is a governance problem... a worrying % of bitcoiners have been sold the idea that there is some kind of power structure or security staff to appeal to in Bitcoin. Fortunately there is, but their votes are counted in PH/s. Their business and future depends on both the success and security of the network + their customers and clients not dumping their ever more useful coins on the market. The sooner you disabuse yourself of this silly notion, the better.  |
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Decentralized development doesn't make sense to you ?
Not sure why. Makes perfect sense to me.
Ok... we have had this conversation many times before ... and I keep repeating how I am for decentralized development and how that animation is misleading and the idea that adopting bitcoin classic will make development more centralized. Instead of addressing my nuanced arguments , you ignore them or give a very generic soundbite. This makes me worried that either you are spamming for political reasons without remembering our past conversations, a shill not remembering our conversations, just a brain dead idiot forgetting we just had this conversation multiple times. Either way you are hostile to the bitcoin ecosystem because you aren't here to make well reasoned arguments based upon evidence. I still believe there are some real bitcoin supporters who believe in classic but now am more convinced that there may be some malicious agents and shills trying to divide bitcoin and create internal infighting to slow progress and possibly split our community. Others take note of these tactics.... the evidence is all here on these forums. Point taken. |
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It's only a stalemate until miners decide it's not a stalemate. |
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OK, so this isn't principally about 1.6-2.5MB vs 2MB or HF vs SF but a change in governance?
To me it is. I want decentralized development. This doesn't make any sense ... Bitcoin Classic model of development is more centralized right now than cores. Their is no decentralized governance model established yet , and to assume there will be in the future is hopeful to put it kindly.... I just think its a bit premature to get behind something that is currently setup under the benevolent dictator model. Wouldn't it make sense to first draft a governance model , than promote it ? I DON'T want Blockstream (a private company)
Consider.it and toom.im aren't private companies owned by 2 brothers as well? You don't find any conflict of interest there? Never fear, governance model is built in: So now... you know. |
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Could the dump have anything to do with Bitstamp and Btc-e getting blocked by Russian ISPs? It's unsettling when a country starts clamping down on It's the full-blockalypse (did I get it right this time?). We hit full blocks and all those in control could do was to toe the ground a little and promise us a partial solution in 2017. The shitstorm that will be the halving without more block capacity is starting to be priced in. More to come. Expect down until a solution is enacted. The recent rise was part of a pump & dump. They knew what they were doing. Full disclosure: Today was my last day at my previous place and I am well on my way to merrydom. Cheers Richy. Nice graphs you put out btw, thanks. I've been snooping around 8btc.com with google translate, interesting to see what our chinese brethren are thinking, cute avatars too.  Keep choochin' boys. |
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Toomim on wechat (I think). Gives a little more insight to what has happened, and what he thinks, agree or disagree... worth a read if you can handle it... loooong. http://pastebin.com/B8YQr5TQ |
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And lo! There was much rejoicing among buttcoiners for many years after. "For the first time in over 150 years, there is solid evidence that the solar system's planetary census is incomplete." Pretty cool tho |
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-snip-
It is the long term economic model of a blockchain secured by fees that the ecosystem needs to observe and learn about, sooner rather later.
Yup, and I can't imagine a better time to do it than with 25 BTC reward blocks. |
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The sky will stay up there. You can put the umbrella down now.
I keep trying to tell him. Kid has rocks in his head or something. -snip-
THEREFOR: We will hit the limit and have a network congestion failure. The price will crash. It is almost inevitable now. The only question is when. My best guess is two months.
THEREFOR we are fucked.
Hitting the cap and negating use cases for the network isn't a fireworks explosion, we've been over this. It's a slow bleed away of utility. Some "store of value because reasons™ people", some illicit commerce, some off chain speculation, will all still be around to a degree... It may take years to fully squander the first mover advantage to other alternatives. Blockstream may hope that alternative is them, and they need Bitcoin to still function as a settlement layer... See, it's not as bad as it could be. If you still have any concerns, please consult the roadmap. Moderators are standing by to assist you. |
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no "empty promise" if you release the HF now and it activates it self at 01-01-2017
Cool, just in time for the halving volume... HF is not released now... excuse me if I don't take their pronouncements as seriously as I used to. Especially if they haven't even made the pronouncement. |
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So now that there's rumblings of Blockstream "capitulating" with an empty promise for 2017... are you guise gonna let me sell some above $450 for the 3rd time in 2 months??
Not surprised that cripplecoiners can't discern the difference between Jonathan Toomim and his stoner brother Michael... oh wait... it's just a smear tactic by association... gotcha.
Software coming out at the end of the month... the DDoS'ing should be pretty epic!
Should also be interesting to see what Loaded has to say tomorrow, if he says anything at all.
Choo Choo Gentlemen. To 450 and slightly beyond!
What a douche. Core prevails. Market is going to rally. You're gonna stop posting. Thanks Berg. For all that you've done to for Bitcoin... since 2014.   |
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So now that there's rumblings of Blockstream "capitulating" with an empty promise for 2017... are you guise gonna let me sell some above $450 for the 3rd time in 2 months??
Not surprised that cripplecoiners can't discern the difference between Jonathan Toomim and his stoner brother Michael... oh wait... it's just a smear tactic by association... gotcha.
Software coming out at the end of the month... the DDoS'ing should be pretty epic!
Should also be interesting to see what Loaded has to say tomorrow, if he says anything at all.
Choo Choo Gentlemen. To 450 and slightly beyond!
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-snip-
It is like the Captain planning to "defeat" a sailors mutiny by rowing out with the First Mate in a small lifeboat, and declaring it to be the real ship.
-snip-
I might steal this one. Here's mine from another thread: This is analogous to a negotiation... where you [greg&luke] place a loaded pistol on the table facing the other participants [miners] before you ask them for an answer. Reeks of desperation.
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yes sure, and you think that almost 1 exa of hash will be pro this change, it's basically asking them to lose all their future profit with this change, for nothing because asic can be built for every new algo
so it's even utterly pointless to do
You are missing the entire point. Changing the PoW would be necessary to keep 1MB CoreCoin working in the event that a hashing majority decided to hardfork to 2MB blocks in Bitcoin. Each side would be calling the other an altcoin... and this change is the only way to keep the minority chain functioning and protected from attack by the ASIC hashing majority. |
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This is analogous to a negotiation... where you [gmax] place a loaded pistol on the table facing the other participants [miners] before you ask them for an answer. Reeks of desperation.
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He's talking about this... [23:26] <BlueMatt> thats probably still really tight, but I'd say at least a year
[23:27] <wangchun> BlueMatt: I agree
[23:27] <wangchun> Then we are talking something not happen until 2017 CONSENSUS IS FORMING
FORK CLASSIC
#REKTBut neglects to give what Chun said earlier.  |
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Found another shill... a BIG one. Either Loaded  is back... or his reddit account was compromised...  Edit: The author of the post indicates that they will provide a properly signed statement on Thurs. |
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Either Loaded is back... or his reddit account was compromised... |
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