announcements are useless, there were tons of them in the past and guess what we are still in the same range as we were in january, if you don't directly invest with money and not with words, nothing will change
i'm waiting for the halving at the moment, because i know that it's the only thing that will move this mess
Yes that is correct and also if any big companies announce they can accept bitcoins to purchase their products then it will be a good news for the bitcoins to move prices and also if any governments accepts it as an legal currency then that will be very good news for bitcoins. |
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I think OP is not active on this forum after posting this post so no use in bidding in this action and also most like he may get a negative feedback if he sell this account so it is better to avoid.
If any one can get this account around 0.07 btc then it will be a very good price.
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I'm leaving this signature campaign - thanks
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I think Bitcoin should be used for transactions and forks should be used for eating dinner. Can we please stop this childish split, get together and come up with a synthesis? Also, if XT is going to be endorsed, what does that mean for the bitcoins currently in my wallet? Will they become worthless or can I somehow exchange them for XT?  I'm against XT. they want to make money on Bitcoin name How does that work? In theory can't we have like 1 bitcoin with a thousand forks so bitcoin becomes multifunctional but all forks remain a form of bitcoin that has the same price and can be interchanged? No, if the exchange updates on XT , You will not be able to sell their Bitcoins from the old network That is not correct. When the fork happens and you have bitcoins then you have bitcoins in the old blockchain and in the new one. You will always have the coins that will win. So no chance to lose anything by the fork. No need to worry.  |
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I watched the presentation on the lightning network and if it allows regular payments along with the option for this side enhancement then it could help a lot with the block size problem. The lightning network basically allows people to set up payment nodes to run transactions which can be as many transactions as you want in a certain amount of time without touching the blockchain. At the end of the time period the final balance of the transaction is posted to the blockchain. The people running the nodes have no way to interfere with the transactions and it allows for more anonymity. I am cautiously optimistic about it. https://www.youtube.com/watch?v=-aI4inWxBwkI wonder why should we need another altcoin to fix bitcoin? Bitcoin can live on its own pretty fine when it would not have been artificially crippled with limits. I think it's open how well the lightning network will work. I will not use it if i don't need it since i would prefer bitcoin being able to handle all the transactions i want to do. |
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If there is… why aren't just doing that? This Bitcoin XT stuff is freaking me out, especially now that it has come to light that Bitcoin XT might be sneakily adding in features like blacklisting and not making those public. If the core issue at hand is just the need to increase the block sizes so that we can handle scaling up if adoption increases, isn't there a way to do that and still keep Bitcoin Core? Why don't we just do that??? Actually it is a good question why it doesn't happen. I mean a developer only would need to take the code from bitcoin core and implements the codepart from xt that implements the bigger blocks. Then promote his version. I'm sure many many of the xt users would switch to this version. I don't have a clue why that didn't happen already. |
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The most important option, that 99% of bitoin xt fans would use, is missing. "Yes, but only for the bigger blocks. I switch to core when it implements bigger blocks"
This would get the most votes from xt users since i don't know any bitcoiner who likes the other ideas hearn has. He really has dangerous ones.
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Satoshi Nakamoto in his invention thought that the industry will promote adult cam Bitcoin?
Of course he had. He wanted to provide an alternative to the fiat bank system. And if you want to prepare such an alternative you need to built something that can be used for any case where fiat would be used. So yes, that includes camgirls, strippers and much more. |
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I do know about not only a few people hosting fake nodes. Also the spike in nodes coincides with the release of noXT software. Then we have this topic which i think is credible: https://bitcointalk.org/index.php?topic=1155836.0 If you believe 100% of the nodes are legit this topic is not for you. Anyone with half a brain knows the node count is rigged - to what degree is up for discussion of course. The noXT release was for showing XT-Nodes that actually are no XT-Nodes. So can you explain your logic behind believing why a XT-Supporter should run an XT-Node that actually is not an XT-Node? He surely would run a real XT-Node. And users that don't like XT would have no reason to use it either. Since why should they promote XT that way? They would use bitcoin core. So i don't see the logic behind such accusations. That software was developed by someone who does not like XT. And i still don't see what the usecase for it is. |
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Mining Bitcoin with Solar Power is much more profitable than using electricity.
Any one already doing this?
Oo Where do you get that idea from? You realize that you pay the power cost from the electric company directly but the power cost from the solar panel you pay for 10 years in advance? These solare panels are expensive and you need to calculate their costs against it. And mostly you would run better selling the power coming from it to the electric company than using it for mining. I know many bitcoiners thought this is a great idea but you need to weight the power costs over time against the cost for the solar power system. |
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Because he is the one who brought bitcoin to life. And i really think that there would be not much resistance against what he claims to be right. He is simply so very much trusted.
Only his words would be listened to and considered. You've seemingly totally missed the point of the whole anonymous act. Bitcoin was designed to be protected from the influence of charismatic leaders, even if their name is Gavin Andresen, Barack Obama, or Satoshi Nakamoto. Nearly everyone has to agree on a change, and they have to do it without being forced or pressured into it. By doing a fork in this way, these developers are violating the "original vision" they claim to honour. Yes, his words. I don't await him coming out publicly showing his face. But i think you made a good point why he won't say anything. He most probably knows that every agency in the world is interested in his identity. Him speaking now would be way too risky. The NSA or so could find out who he is pretty easy probably. And i'm sure he will avoid that at all costs. Since he doesn't trust banks and probably not the governments too. |
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The economic incentives dictates noone want to shoot their own golden goose. Bitcoin wouldnt have worked if your scenario can happen.
Game theory 101
Btw, your scenario is exactly the "worst case" that Mike said in the video chat interview " technical mess" he said. To prevent such attacks, having checkpoints and ignoring the longest chain are the only viable defense mechanism.
Sadly, his words got twisted around and misunderstood by a bunch of idiots, who are also quickly against BitcoinXT and call him dictator.
In this case, you are not shooting your own golden goose, but the competitor's, and make your eggs sell better. It is strange that even Mike and Gavin know such kind of risk is high, they still go ahead with their plan to prepare a fork which brings high uncertainty I don't know how long they have been fighting each other, but that kind of thing is a norm among a group of decision makers in large organizations. But since bitcoin is not a centralized organization, this traditional way of working is outdated In fact this revealed one weakness of bitcoin is its centralization of the development, so maybe we should set one dynamic blocksize rule and forbid any future change in protocol to permanently remove this political risk. Gold never changed its property for thousands of years, that's the reason it can be trusted 75% of hash power would be a good indicator whos the winner. You're assuming the rest of 25% decide to burn all their capital because .... they're not having it their ways. Right. Businesses only care one thing : return on investment. Miners are simply rewarded for their services. Even if XT gained 80% of hash power, bitcoin is going to crash, because more and more people will leave, as they understand this is just another version of USD with another group of dictators It seems you are not a miner. Industry scale miners are essentially distributed central bank of bitcoin monetary system, they usually have the best possible knowledge and also the wealthiest in this whole ecosystem (It's impossible to design an ASIC miner if you don't know how bitcoin works under the hood), they of course participate in all kinds of political movements, and this is already a potential danger, so that in the future, government only need to control 5-10 guys to control the whole bitcoin network Dictator? You realize that it is more like a democracy? Gavin and Hearn can't take away bitcoin. Every user of bitcoin votes what he wants to use. Core or XT. That sounds more like a democracy to me than a dictatorship. And even when XT would win, for some reason, then 99% of the users would switch back to core when core implements bigger blocks. Because the ideas hearn has are simply too dangerous. It's democracy... |
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Regardless, I really don't understand why people care what he would think anyhow.
He is the only person that when voicing his opinion in this matter, could actually be considered unbiased, since he was the creator and in theory would make the best choice for Bitcoin/bitcoin, and not for himself. His decision in this matter, if 100% verified to be him, would end the debate immediately, IMO. But, as I have said many times, I believe he is no longer living as well. One man should never have that much power. Satoshi comes off as a brilliant man, women or group. They will never return, their opinion is now regarded as gods opinion.. such power is bad. Satoshi created bitcoin for the people, Satoshi can no longer be involved, Bitcoin cannot have one person/group that decides it's future. I think you are right. When Satoshi would speak up then his word would be a law. No one would speak against without surviving it because bitcoiners love satoshi till death. Though i think this is the biggest real crisis for the community and the development of bitcoin. Before crisis were only scams or drop of price. That is nothing with the technology. But now satoshi really could start to say a word in order to safe bitcoin. It's his child at the end. I think he still takes part in the community. Maybe we wrote with him already without knowing it. I really don't think he is not here anymore. I'm sorry but this ideology is why Satoshi is never coming back and an example of how dangerous for Bitcoin it would be. This is not your religion. There is no Satoshi. There is no God. Before you misunderstand my other post... it was ironically. I don't see him as a god. But i think if he came out and would say his opinion that his word really would be some kind of law. Because he is the one who brought bitcoin to life. And i really think that there would be not much resistance against what he claims to be right. He is simply so very much trusted. |
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XT already lost. The three largest mining pools in China, who own 30% of the hash rate, have already publicly said they're not willing to switch to XT.
Good. Thank F that's over.
Average block is only around 500kb right now, so there's still loads of time to come to a solution and consensus regarding blocksize before we reach the 1MB limit.
i remember that they said they are not against the 8mb change, so they are waiting that the change is incorporated in core or something? or like everyone else they are waiting for this magical alternative... Yeah, to my understanding, absolutely everyone agrees that blocksize will need to increase in the future. The mining pools in China have simply stated they want consensus amongst the core developers, not Mike and Gavin to try forcing a hard fork down everyone's throats, like they're doing. Bitcoin is still a long ways off from having any type of issues due to the 1MB blocksize limit, so there's still loads of time to reach a consensus, and roll out a proper hard fork. Mike and Gavin though and hyping this issue to make it seem like we're in panic times and need to act urgently, which just isn't true. The bitcoin network will continue humming along just fine with the 1MB blocksize limit for a good while to come yet. I think there will never be a consensus since the other part of the core developers seems to be involved in blockstream and the lightning network. The thing is, when bitcoins gets unreliable, expensive and slow, then that sidechain will get more transactions, which translates to more fees. The developers already would have said they will 8 MB blocks if they would want them. Though they, for the most part, don't want to. There is no reason to believe they will change their view anytime soon. |
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Satoshi almost certainly died a few years ago.
This is blasphemy  I don't belive hour great leader is dead... no I WON'T belive our great leader is dead He is still there watching us. I think he will step in if bitcoin will get in real danger. For now is everthing ok. We have nothing to worry about the XT will slowly fade away and die.  Satoshi can't die. And even if he dies he will resurrect. There are enough bitcoiners that see him as some form of holy being or god at all. Maybe it's a joke but he is a mysterious figure that no one can see, he only lives in stories from the past. I wonder if there will be a sect like "Fraternity of Satoshi" or so at one point. |
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Regardless, I really don't understand why people care what he would think anyhow.
He is the only person that when voicing his opinion in this matter, could actually be considered unbiased, since he was the creator and in theory would make the best choice for Bitcoin/bitcoin, and not for himself. His decision in this matter, if 100% verified to be him, would end the debate immediately, IMO. But, as I have said many times, I believe he is no longer living as well. One man should never have that much power. Satoshi comes off as a brilliant man, women or group. They will never return, their opinion is now regarded as gods opinion.. such power is bad. Satoshi created bitcoin for the people, Satoshi can no longer be involved, Bitcoin cannot have one person/group that decides it's future. I think you are right. When Satoshi would speak up then his word would be a law. No one would speak against without surviving it because bitcoiners love satoshi till death. Though i think this is the biggest real crisis for the community and the development of bitcoin. Before crisis were only scams or drop of price. That is nothing with the technology. But now satoshi really could start to say a word in order to safe bitcoin. It's his child at the end. I think he still takes part in the community. Maybe we wrote with him already without knowing it. I really don't think he is not here anymore. |
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After Gavincoin seemed to have topped out at 160 nodes couple of weeks ago we now see a new spikes in xt nodes ... due to release of Gavincoin spoofing-software. Half the xt-nodes or more are now probably fake nodes. https://bitcointalk.org/index.php?topic=1154520.0This pretty much means Gavincoin lies dead in the water and Bitcoin and everyone holding it would be rekt hardcore if xt would ever trigger a hardfork. Both sides should stop hosting nodes for that shit. Gavin and Mike need to drop it at this point. XT gonna backfire. It failed with the release of 'notbitcoinxt'-software which was adopted at even faster rate than the Gavincoin-crap it is supposed to udermine. I think you don't realize that this spoofing software was created by someone who does NOT like bitcoin xt. He wants to fake XT-nodes that look like XT but don't support bigger blocks. Honestly, i don't have a clue what this could be good for. But i think the amount of users that use this software will be 1. The developer. It simply makes no sense. Except to make it possible to claim that all the XT nodes are fake and to claim that bitcoiners don't want bigger blocks in fact. |
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Is it wanted that all options are practically the same like raising the max block size limit? I think there would be a lot more things one could wish of bitcoin.
For me personally i would want a fee system that freely can adapt to spam and NO artifically limits at all.
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I think the illogical reasons against a raise of the max blocksize limit that some bitcoiners bring up can only be explained by something like that. Which is a pity when true. I mean ok, if i would have invested a lot of money into something then i would want to make it a success but i surely would not use my position to exploit the trust others have put into me. And yes, if bitcoin keeps the 1MB limit then this would mean, at some time, that bitcoin will be slow, unreliable, expensive and so on. Which would lead to transactions move into altcoins or sidechains like lightning network. |
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Every single offering in this thread is either bogus or simply doomed.
That sound so strangely familiar. As if a guy going by crumbs said the very same thing about two years ago... who'd of thunk it? crumbs was right... too bad he was such an asshat about it, people might have listened. Reality is not a popularity contest. "People" need to learn that refusing to listen 'Because Offended' is not an acceptable practice, and has consequences. Was the pleasure they got from Ignoring\castigating crumbs worth all the BTC they lost? On the other hand, just because one asshole was right about one thing doesn't mean that we need to listen to assholes all the time just in case they'll be right again. *lol* I like that sentence. In fact all these trolls did a simple thing to be right... they simply told everyone that every investment is a scam. Unfortunately that is a good bet in bitcoin world to be right. |
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