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166wUdbnCbA9CNQwJ2rB5snALMJ3iawJDS
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My opinion nothing much has been changed since halving and before, maybe a slight difference could be seen alternatively some earn some profit with it however I suppose the real changing of BTC will take effect within the next few months.
you are right mate. before the halving there are so much expectations like that the price of bitcoin will be double or it will decrease twice but really nothing much happened. it just stabilized its price at around $600 to $700. it's a predictable event -- traders and investors alike see a supply drop incoming, so it gets priced in. the real supply effects may not be felt for years (remember, only a very small % of bitcoin gets traded on exchanges -- chinese exchange volume is fake). so we could actually see the price drop for some time as traders don't see the expected pump in price post-halving. |
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Can somebody explain why this thread isn't locked or removed?
no thanks. it's probably my favorite thread on the forum. good discussion of implications of forks, theoretical attacks, etc. and great mudslinging!! a good balance to the cesspool that is reddit.  |
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yeah i'm holding, since 2013. doesn't feel good to have these groups always trying to fork.
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Blockstream will monetize the Lightning Network in the form of fees required to use their service. i'd like to give these guys the benefit of the doubt and say "you obviously didn't read the whitepaper" but i suspect that spreading disinformation is the real point. LN is completely open; anyone can be a hub. fees for payment routing are therefore competitive in a free market. how would Blockstream be able to monopolize that? btw the people that conceptualized LN were not Blockstream and there is something like a half dozen open source implementations of it.... |
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For people who think summer 2017 is unreasonable: what exactly do you think is going to happen if we don't get an increase sooner, and what proof do you have?
i heard a giant asteroid called mainstream adoption will hit planet bitcoin and if we don't raise the block size limit soon it will destroy us all. see: mike hearn's blog |
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triangle triangling within another triangle. more upset day traders to come.
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squatter
thank you, 777coin! much appreciated!
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...
Also, but the sole responsible is Core devs not delivering what the market asks in a timely manner.
How have you helped to develop a solution? The devs have volunteered for years. New developers continue to be welcome. People who do not contribute to development while whining about the devs not meeting their perception of how fast a solution should be designed, developed, tested, peer reviewed and deployed contribute nothing. +1 most of this debate = "not fast enough, need solution implemented yesterday" |
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https://www.reddit.com/r/Bitcoin/comments/3j8rg1/an_open_letter_to_the_bitcoin_community_from_the/cuo15ptI'd be happy if they come to some form of agreement at the second workshop. The website does not suggest that this will happen - the statement that absolutely no decisions are made at workshops (plural) seems definitive.
Still, it may be that whoever wrote the website FAQ isn't really representative of what the attendees will do or want. From the outside looking in, it doesn't seem like a great start. But perhaps things will happen anyway, despite the public statements of some of the attendees.
Regardless, the underlying problems remain. Gavin was having private discussions with some of the signers of this letter months ago, or trying to. So was I. Back in April I asked Wladimir privately what his proposed timeline was for a block size increase, and on that same thread Gavin proposed a one-time bump to 20mb with no further increases (as he'd tested that already). Wladimir didn't even bother replying to us.
Gavin also tried talking to Gregory Maxwell in private. So have I. He simply doesn't respond to our emails either.
There is just no way this project can be credible when key players are signing open letters saying they want some kind of amazing consensus building process .... and yet refuse to even reply to emails from developers who have been contributing to Bitcoin for longer than they have even been around. he is right as far as this: Wladimir and Gregory should have given them a courtesy response to the effect of, "no we are not implementing a 20x or a 8000x capacity increase. the small minority of developers that supports such drastic measures -- irrespective of real growth in transactions -- have shown no forethought as to why the drastic nature of these changes is necessary, nor have they accounted for the these various security related issues (x, y, z, ab, cd, ef, gh, etc) that may arise under such conditions" |
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squatter
thank you, 777coin! much appreciated!
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homemade iced coffee. i hate going to coffee shops and getting iced coffee that's been sitting out for a half a day, or worse. nothing like having it fresh..
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squatter
thank you, 777coin! much appreciated!
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