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361  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 16, 2016, 02:20:51 PM
Quote
I have been following the recent block size debates through the mailing list. .....
Satoshi Nakamoto
I had not seen that letter until now, but it looks like a lot of vague bla-bla without even a hint of a technical argument.
I'll eat my hat if that was written by any of the very skilled mathematician/cryptographer(s) that designed bitcoin.

What did you expect to read? Maths and crypto, for things related to social engineering, populist methods, consensus and forks?

No, but something a little more intelligent would have been nice.

Do you still cling to the belief that this was written by satoshi in an attempt to ride in like a knight in shining armour to save you? Really?

The funniest thing about that ruse was gmax's earnest reply to it....
362  Bitcoin / Bitcoin Discussion / Re: Analysis and list of top big blocks shills (XT #REKT ignorers) on: January 16, 2016, 01:58:45 PM

So when he sided with Core on Core vs XT, he ended up on the loosing side? Makes sense.


Nope. I've been on the same side all along. Only you just can't see that.
363  Bitcoin / Bitcoin Discussion / Re: Great Day for Bitcoin. Cryptsy finally admitted theft and Mike Hearn rage quits on: January 16, 2016, 12:11:46 PM
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.

#CoreRage  (Its a thing....)
364  Bitcoin / Bitcoin Discussion / Re: Is it really that bad with Bitcoin as Mike Hearn writes now? on: January 16, 2016, 12:08:38 PM

#CoreRage is now a thing!   Smiley

fixed that for you, quisling.

365  Bitcoin / Bitcoin Discussion / Re: Analysis and list of top big blocks shills (XT #REKT ignorers) on: January 16, 2016, 12:06:49 PM

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.
366  Bitcoin / Bitcoin Discussion / Re: Analysis and list of top big blocks shills (XT #REKT ignorers) on: January 16, 2016, 12:02:26 PM
Looks like Classic isn't so "democratic" after all: https://github.com/bitcoinclassic/bitcoinclassic/pull/6

ROFL.  That is so fucking classic!   Grin

ToominCoin FTW   Roll Eyes

Is that poutrage? From icebreaker??  Grin

Y U always pick loosing side??   Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes

367  Bitcoin / Development & Technical Discussion / Re: Blocksize needs to be increased now. on: January 16, 2016, 11:33:04 AM
No, Classic is the choice. There is no fallback, if you want to stay relevant.

Can you clarify a technical advantage of classic above core with segwit ?

As Far as I am aware Cores proposal comes with 45 developers, proposal is already further along, written and being tested right now, comes with many other improvements, and has practically the same capacity advantages as Bitcoin Classic/BIP102.

I really don't understand why people would pick Classic unless Segwit is delayed for some reason or for political reasons which I am not interested in as I want to judge each proposal by their technical considerations.

If classic was a 2+4 BIP + Segwit that may be interesting because it would contain all the advantages of segwit and have an effective 3-4MB capacity and than 6-8MB effective capacity with plenty of headroom to put off future forks for a couple years. It may have some centralization tradeoffs , but at least it is different enough to consider and make interesting. I know why Jonathan Toomim is so dissapointed that his proposal was vetoed for such a conservative one now.

core with segwit is still fantasyware - they are testing it, yes, but there is a long way to go before even the most reckless development manager would consider it production ready.  The market wants commitment on capacity now, not a vague, ever shifting promise of it in the future.

That is the essential difference between classic and core ( + whatever dream additions you like)

I can see you are trying to sow the seeds of doubt regarding Classic, but really, its a little pointless considering the insane complications that core needed to introduce to get aound the need to HF. A lot of the capacity gains you constantly claim for segwit are little more than cheap accounting tricks. segwit has important features for bitcoin - but scaling is not one of them. To try and push segregated witness as such is either deliberately disingenuous or simply a misunderstanding on your part.
368  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 16, 2016, 10:48:25 AM
Bitcoin "Classic"! What a stupid name. Logically there's nothing really classic about it. They should have spent a little more time thinking up a proper name at least.

It's called Classic because it is was inspired by Satoshi's scaling solution. And is in keeping with his vision for a Peer-to-Peer Electronic Cash System.


Bitcoin classic is BIP 102

Summary of differences between core+segwit and classic now -

Classic - BIP102
Effective 2MB block capacity + possibly removing RBF + possibly versionbits
5 developers maintaining

Core
Effective 1.75-2MB Block capacity
Version bits , future fraud proofs doesn't work, signature pruning, simpler script updates doesn't work, fixing malleability allowing future payment channels doesn't quite fix malleability - huge risk potential.
45 within a month less than 10 developers maintaining 

Both are good.... but Classic isn't that exciting now that they decided to remove 2-4 + segwit as an option.

Regarding your dev numbers, most of those guys have no financial gain with blockstream, so will follow where the action is.

And again, your figure for Classic is wrong. But if that's a figure that helps you sleep at night, then go for it.
369  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 16, 2016, 10:43:59 AM
... I asked you how you plan to do that with less than 25% of the hashrate of Classic.
Obviously you're slow. I'll repeat it once again for you.

We'll stick to main bitcoin branch. Period.

You're free to fork it under whatever name you wish - XT, ClassicBitcoin, UnlimitedBitcoin whatever. Percentage of current hash rate you'll take after forking is irrelevant. Bitcoin doesn't care. Bitcoin existed and flourished with far less hash rate few years ago.

Jesus, fella, you simply don't get it do you? At the risk of sounding a little "Do You Even?", do you even understand the basics of how bitcoin achieves consensus? Its not a brand, its a group statement. Raging on the sidelines with your ball in your hand wont stop the game.

Bitcoin will continue without you. Thanks for your time.
370  Bitcoin / Development & Technical Discussion / Re: Blocksize needs to be increased now. on: January 16, 2016, 01:22:27 AM
source? re-read the slack and you will see that segwit is also-ran for now.  What ill be developed will not necessarily reflect whats in core right now.

So looks like Bitcoin classic will be a fallback for miners if Segwit on core doesn't roll out quick enough.

No, Classic is the choice. There is no fallback, if you want to stay relevant.
371  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 16, 2016, 01:18:48 AM
Stop defending him, he does not deserve it.

"Strong minds discuss ideas, average minds discuss events, weak minds discuss people."

Fascinating idea!  Wink

Nicked it from Lauda's profile page

HA!  Cheesy
372  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 16, 2016, 01:15:43 AM
"Raise the block size!" they said.

"We have consensus!" they said.

"Market is going to rally around big blocks" they said.

welp  Cheesy

Your tears are delicious.

I saw you rage tweeting BitFury earlier...   Cry  No matter, "socioeconomic consensus" doesn't need miners... amirite?

The tide is turning against the Blockstream takeover. Can't say I didn't try to warn you.  Undecided

You've been bootlicking the wrong powers. Bitcoin routes around attempts to steer and control it, about time you learned that. The control you believed they possessed is slipping like sand out of a clenched and mailed fist.

I'm salivating about buying up a piece of Mircea's suicide short this spring. I would try to buy some of your rage dumping too... but your join date probably makes that goal moot.

 Kiss



Blockstream Core... #REKT

brg44 is wondering where it all went so wrong. MP said it would be different.

 But, yeah, I got a kick out of his poutrage tweets.  Grin
373  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 16, 2016, 01:13:22 AM
I do not want to be rude, or anything, but this is not a religion. There can be no heretics. And if a single person, with a single article can hurt "this much", maybe the system ain't that strong enough after all- yet?

Never understood why would anyone follow a "leader" here, and strangle the kitten of the "other tribe's warchief". This is so stone age, and explains why still no consensus, hint hint.
What are you talking about? This has nothing to do with the system. The system is unharmed and the maths behind it are impenetrable (in the todays world). This is about the sheep of this world and the corrupt media. Most of the media quickly picked up on this as the ultimate truth even though Hearns words have no meaning anymore and are backed by nothing but bias and rage (due to the failure of his project). I'm quite annoyed and tired of this constant nonsense. These people need to be shamed for all eternity.

any big change in price is not so much due to one person - a hearn or karpeles- or one thing - scaling issues though they be trigger points but simply pumping and then drops.
This is wrong. Have you not been watching the news? This is spreading everywhere like a wildfire.

And you cannot see how you and your fellow travellers are the architects of all this shit?  I am surprised.
374  Bitcoin / Development & Technical Discussion / Re: Blocksize needs to be increased now. on: January 15, 2016, 10:55:11 PM

I'm sure with some reasoned discussion there could be reconciliation between Classic and Core

I applaud your efforts towards harmony and union.  There are dscussions going on now, but its not looking good for your hopes re: segwit. Maybe at a more realistic timeframe.

source? From the Classic developers statements on slack and elsewhere I see them favorable to segwit(but perhaps more in favor of a hardfork rollout instead which is fine to do in conjunction of a blocksize increase because most of the problem with hardfork is coordinating everyone ) Cores main problems with a hardfork is the difficulty in coordinating this responsibly. If one is going to perform a hardfork you may as well do 2MB+ Segwit and the appropriate sigop protections being adjusted.

source? re-read the slack and you will see that segwit is also-ran for now.  What ill be developed will not necessarily reflect whats in core right now.
375  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 15, 2016, 10:44:41 PM
Bear whales taking advantage of negative news to juke the markets in an attempt to steal from weak hands. Don't fall for it and penalize their insolence by taking their coins.


Oh. Good. God.
376  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 15, 2016, 10:12:29 PM

according to the figures I see bitcoin is down 9.67%in USD but only 6.76% in CNY. Is such a gap usual?


depends on how usd/cny diverge during the day.
377  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 15, 2016, 09:59:45 PM
looks like Core devs have thrown Theymos under the bus....

They are starting to distance themselves from the bitcoin reddits....

And bitcoin.org will now be bitcoinco.re

That'd be great. But what makes you think so? (Besides there's bitcoinco.re now)

From what has been said to me on another forum.

And this reddit which hasn't been censored yet!!
378  Bitcoin / Bitcoin Discussion / Re: Is it really that bad with Bitcoin as Mike Hearn writes now? on: January 15, 2016, 09:47:23 PM
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.

You are right. it doesn't matter. Its all over for you now, anyway.

Your malicious narrative finally defeated you.
379  Bitcoin / Development & Technical Discussion / Re: Blocksize needs to be increased now. on: January 15, 2016, 09:35:49 PM

I'm sure with some reasoned discussion there could be reconciliation between Classic and Core

I applaud your efforts towards harmony and union.  There are dscussions going on now, but its not looking good for your hopes re: segwit. Maybe at a more realistic timeframe.
380  Bitcoin / Bitcoin Discussion / Re: Great Day for Bitcoin. Cryptsy finally admitted theft and Mike Hearn rage quits on: January 15, 2016, 09:23:33 PM
OP is right. In loosing Mike Hearn and Cryptsy, the bitcoin ecosystem has just shitted out 2 of its biggest liabilities. Just a brief dip in price and onward!


.... and now Core devs have thrown Theymos to the wolves.
..... and Classic has surpassed 50% of miners
...... and bitcoin.org is dead

Good times.  

Perhaps your shameless grave dance might have been a tad premature?  You obviously didn't look up what a 'Pyrrhic victory' is.

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