So a legit proposal equals to him trolling them? Makes sense.
changing POW is a legit proposal? How? Why? He submits a PR with a vague title like "Fix mining centralisation" then lands the bombshell of HOW he wants to do it? thats a pretty low rent effort. Changing _Classic's POW is an excellent suggestion (which I've also previously made), and not only (or mainly) as a way to prevent/delay a repeat of the current situation where a handful of giant miners can credibly threaten to back contentious hard forks. If _Classic wanted a clean break from Core, changing POW at the same time as the first (potentially) >1MB _ClassicBlock is the right way to do it. Then there would be no Gavincoin Toomincoin Short fork war missile crisis to worry about, and users don't have to fear ToominTaint ruining their Core coins. Lukejr wants Keccak, and I suggested an extra round of SHA256. Keccak would make current ASICs useless, SHA256^3 would not. But that doesn't matter, because by rejecting the entirely logical 'change POW' proposition _Classic has shown their hand. _Classic is not a technologically driven project. Changing 1MB to 2MB is only a trivial TPS increase, which SegWit will approximate. _Classic is a politically motivated governance coup, which risks (or arguably entails) catastrophic consensus failure just to satisfy the egos of the Get Thermos Kill Blockstream Emasculate Mircea Destroy Core malcontents. |
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I don't get how livecoin is selling at 15% higher price than elsewhere? Who is buying there when they can get Dash cheaper?
whats the info on livecoin anyway...inside scoop? I didn't really knew it existed until yesterday. I mean I had heard of it...but didn't think much of it. Now its pulling off huge numbers. One good effect is its going to drive traffic to the other exchanges if they can actually get it for cheaper else where like Polo. its like 10 to 15% cheaper coins. I'm making $1000s of dollars a day thanks to Livecoin/Polo arbitrage. This is a great opportunity that won't last forever! Buy cheap DASH on Polo, sell at Livecoin for BTC. Rinse and repeat!  |
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Wonder if the volume on Livecoin is real? Where has this exchange come from to erupt like this?
Livecoin is totally legit. Poloniex is a scam. Everyone should move their BTC and DASH to Livecoin and trade there! |
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I will be running a Classic node, and as of right now, at least 50% of the miners and others like Coinbase intend to as well.
Are you actually brave enough to transfer coins with your trendy _Classic thingy, or is it just a useless vanity node? I hope that they get 75% miner support right away so that I can watch their miners saying, "Oh shit, we just mined a ton of worthless altcoins!".
lol rekt |
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The volatility IMO is due entirely to the hard fork. A big player (likely miner) sold at 450 because they know what is coming.
The most obvious explanation is Mike's ragequit, which got wide exposure in the media (NYT, Motherboard, TechCrunch, Reuters, ...) It was also commented in Chinese forums. I can't think of any other suiltable explanation for the sudden drop.That's because of your astounding ignorance of economics. If you ever looked up from your Buttcoin forums, and glanced at say Bloomberg TV, you'd notice there has been an ongoing meltdown in world financial markets since New Years Day. The Big Money that moves the BTC price is selling to cover losses, and/or take advantage of opportunities in other oversold sectors. This isn't rocket science, it's common sense. All your ZOMG HEARN IS RIGHT BITCOIN IS FAILING spin attempt does is further cement your reputation for dishonesty. I can't wait until the BRL finishes moving into hyperinflation territory, and you are begging for BTC to buy food and toilet paper.  |
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jeezus christ... has anyone like just called the cops?
caller: id like to report a crime! Paul Vernon stole my bitcoin!!!
police: um.. whats a bitcoin?
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But hey, if you bitches prefer it by Peter Rizun coding shit, go for the fucking it.
Prof. Rizen maintains Classic's Powerpoint repository. He can code slide shows like nobody else. You are obviously jealous of his presentation development skillz. |
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ROFL. That is so fucking classic!  ToominCoin FTW  |
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Some opinions about Haern:
Bram Cohen - creator of Bittorrent
@SwiftOnSecurity @nytimes That was one whiny ragequit. He's epically wrong on almost all technical points.
Peter Todd @petertoddbtc
The RBF section of Mike Hearn's "Leaving Bitcoin" post reminds me I'm not going to miss working with blatant liars.
Mike Komaransky @mkomaransky
Bitcoin Hearn Paradox- With him, consensus is hard to reach, btc suffers. w/o him, consensus is easy to reach, bitcoin prospers.he can't win
#HearnShaming is now a thing! |
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No apologies needed. This article will be invaluable as a reference to which noobies and Gavinistas will be pointed for remedial How To Bitcoin lessons. And it makes it much easier to demonstrate exactly why Coinbase, Bitfury, and the rest of the _Classic backers have jumped the shark. You are doing yeoman's work here. I appreciate and thank you for it. Here's to another year of watching Hearn and Bitcoin's other adversaries getting #R3KT. |
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Over 50% Mining behind Classic now, Its not looking good for Core.
It's easy getting people to support glittering generalities and project their desires onto nebulous, feel-good project pitches. Actual software engineering is much harder, especially when done by a committee of competing companies and ideological frenemies. Did you see what happened when Gavinista idealism met reality, as they tried to design Unlimited? It was an epic fail. Even Frap.doc's tiny group at bitco.in couldn't find a Schelling point and decide on exactly WTF they were doing. The wheels came off as the dev lost patience with the endless dithering over whether or not Unlimited would really be literally unlimited. Recursive nested loops of bikeshedding slowed progress to a halt, then reversed it. Most hilariously of all, Frap.doc reverted to his ugly attack dog persona and the mod deleted (sensor shipped) his shit posts. With more cooks in the kitchen, the same fate awaits _Classic as its proponents, while temporarily united with their anti-Core Do Something Now feelings, will be unable to agree on -RBF (full or FSS or neither?) -CLTV? (enables Evil Sidechains and Scary Lightning and tainted by The Todd) -SegWit (if Blockstream is for it, should _Classic be against it?) -timing (2MB Right Fucking Now or at the halving or  ) -trigger (OrganOfCorti showed 75% is the worst possible threshold...or did he???) -algorithm (after 2MB, when/how is the move to 4MB? Sudden or smooth? And after that? Repeat all of the above?) As Theymos said " Bitcoin Classic...is poised to be the greatest cryptocurrency since Bitcoin XT." Welcome to the Bikeshed from Hell, bitch! |
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Mike Hearn, one of the people who actually has been ACTIVELY working on bitcoin for years and understands the code
Under the assumption Hearn understands Bitcoin's code, we must conclude he was intentionally lying when he wrote 0conf double spending was somehow uniquely enabled by RBF. |
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The real reason for the drop is...
...global markets continue to melt, as oil hits 12 year lows, and the whales who move the BTC price sell to cover losses and bottom feed in other sectors. Are you even aware there is a global economy, and Bitcoin's fiat price is determined in that context? Or are you so fixated on Blockstream all other matters fade into the background, as your obsession increases your derangement to the point where you are reduced to ranting about an absurd, utopian scenario wherein "the fork goes off without a hitch?" Tell us more about how _Classic's contentious hard fork will be a cakewalk, and the conquering Gavinista heroes will be greeted as liberators with roses, candy, and ticker tape parades. |
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Oh bitcoin is dead again? This time it's true because that one guy said it. I heard the CEO of Bitcoin resigned. Is it true? |
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You're passing misinformation, he did not "advocate blacklisting"
Doesn't matter. That was the story we wanted to tell, and XT was insufficiently antifragile to counter (much less survive) our malicious narrative. Please decry our underhanded, dishonest tactics even more. Let us know exactly how distressed you are by such dirty tricks.  Don't hold back, vent all your pent up rage about being on the losing side of Bitcoin's Grand Schism. |
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Mike's capitulation will be the decisive wake up call that the community needed to save the Bitcoin project.
It was needed to finally fork the totalitarian tyrants and their followers out of the project. Mike will make history of being the savior of Bitcoin.
One thing is for sure. Mike needs to get off the cross already. |
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I am quite sure the price has not finished going down a little bit. BTC deserves a good haircut for bad management and not acting quick enough. I can only hope (for the bagholders) that when the price does get cut bij 30% or more, some people get the wake up call.
My personal opinion is that this is not going to happen any time soon. The discussion on this particular forum should not be taken as an indicator for that, I know, but I do sense that there are just to many bagholders with wrong motives in this scene.
Turn on your TV. The markets are melting down. Again. Oil down to $29.50, a 12 year low. Blockstream's fault. Obviously. Dow down 400. Why, thermos, why?  |
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BTC lost 60 USD in few hours. it's a huge loss. Turn on your TV. The markets are melting. Again. Oil down to $29.50, a 12 year low. Blockstream's fault. Obviously. Dow down 400. Why, thermos, why? |
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NB: https://forum.getmonero.org/1/news-announcements-and-editorials/2452/monero-network-malicious-fork-from-block-913193-updates-and-resolutionFrom that post (which will be kept updated) - Hi all, The Monero network was (once again) the subject of an attack. Due to an error during the development of 0.9, Hydrogen Helix, we omitted a check that allowed for v2 blocks to be added to the network prior to the hard fork block height. Thus instead of forking on March 20, at block height 1009827, a v2 block was added to the network at block height 913193. This is obviously problematic as not all services have updated to 0.9, and the bulk of the network hash rate is still on 0.8.x. We are preparing a point release to 0.9 that resolves this, but in the meantime only if you are running 0.9 you can do the following as a quick patch: Shut down your Monero daemon Grab a checkpoints.json file from getmonero: https://downloads.getmonero.org/checkpoints.jsonPut the file in your bitmonero working directory (eg. ~/.bitmonero or C:\ProgramData\bitmonero) Restart the daemon As soon as the patched point release is out you can remove the checkpoints.json file, if you wish, and run the updated version. The checkpoints.json patch is a quick fix and does not prevent the attacker from replaying their attack at a later block. Nice fast response! Mustangs 2 Trollblocks 0 |
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Try harder to blame theymos for XT's failure to thrive. I really like it when you do that.  Does it upset you when xtnodes.com and most XT hosts got hit with 20Gb of DDOS? Mmmm, that's too bad. Tell me more how about how it hurt your feelings. How disappointed where you when NotBitcoinXT and PseudoNode literally made a mockery of the first, and only significant, Gavinista vanity fork? Ooooh yes, share all of your frustration and anguish! |
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