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Does not really make sense to me - any ideas where I might be wrong ?
If not - we might see a big dot-com like bubble burst soon ....
Sorry for warning and ripple your nipple as long as you can.
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Is there already any substantial bootstrapping / success story happening?
Sorry could not really find that - but that tells me rather - nope.
Or might Shape Shift eat the lunch cause they have business and do 'just' expand a bit ?
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I think the best solution in this situation would be Core to support Segwit2MB. That's probably the desired goal of this agreement. All the drama queens in this thread were assuming that the miners were going to suddenly fork away without developer support, but if you think about it, that seems pretty unlikely. This whole thing could just be the miners simply saying " come a little closer to our stance and you might have a deal", although admittedly including a pretty strong ultimatum in the process. Plus all the 'Chicken-Little' crybabies can't seem to take solace from the fact that this completely derails even the slightest possibility of 'emergent consensus' happening. After some consideration, I think my first impression was wrong. In all likelihood, this isn't an escalation, this is a concession from miners. SegWit is happening and BU isn't. The rift in the community just shrank a little (but I fully expect everyone on the forums/reddit/etc to act the opposite and keep going full retard at each other like their lives depended on it). And if people don't want 2MB straight away, you know what you need to do. And if ?miners? do not activate SW but rather use the 2MB first ? Could that happen ? |
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...The point being, the Bitcoin maximalists are kidding themselves when they imagine everyone returning solely to Bitcoin. It's a multipolar cryptoverse now, and we may never see Bitcoin at 50% of market again. Even if we do I expect it to be temporary.
I can think of 1/2 a dozen coins that paid miners almost 2x what bitcoin would/did (and even 3x or more given the right trading scenarios) in the last week or two. This greed also works the other direction! When the trend turns downside and the big guys will start to short the market. Pretty easy with all those alts! This bubble will burst and will be like the second half of the dotcom phase. History always repeats. People are greedy and dumb. Will sit at the sideline and watch the shit show happening.This will be epic! The greedy idiots will cry for regulation due to all the huge losses the majority will make. All those ICO bs is a big scam, like 95% of the alts as well. Something from regulator side will happen. Mark my words! If you make 10x or even 20x with shitcoins now doesn't matter when the end of this story will be a big crash. Go and continue buying your pets.com. As I said, I will watch it from the sideline. ++ |
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If there is a HF, prepare for two versions and no it won't be like ETH and ETC, it will be much messier...
Secret meetings and miners getting butthurt over UASF, sound like good reasons to go ahead with UASF to me.
Infact let's have a UASF version and a secret cartel HF version and see which one ends up at < $10
The fork with most money will have an advantage in the beginning, but when their nodes start to crash like BU nodes and perhaps even more serious bugs are discovered, people will move their money into the good version of bitcoin. No political agreement will make software run perfectly, you need the developers, and the most experienced and with most expertise developers are in Bitcoin Core's team. Sorry, wrong arguement, Trump can show an even better track record...ehh Its only about winning feature and selling them. Here we all got trapped and stuck now. |
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Hey friends, cool thread here, looks like a new legend Mods-Observer in the making?  |
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Shit. 2MB! What a big move from high decorated coders, best on earth.
Anything known who was lobbying this ?
guesses?
Finally I hope we se something moving at all.
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Leute... mal im Ernst... wie viele Bekannte aus eurem Real-Life sind in Bitcoins investiert...
..., aber wenn, dann haben wir gerade eine ALT Blase und keine BTC Blase...
Kein Schwein kennt das Zeug. Wenn jemand mal davon gehört hat "Hat was mit Internet zu tun". Vielleicht sollte man mal gucken an welcher stelle der Suchbegriff "Bitcoin" in der Google Rangliste hinter Justin Bieber oder flache Erde steht  Korrekt. Nur Hacker und Geldwäscher... Wir haben noch nix von Mainstream gesehen. Wir sind 1992 eMail Status, sonst is nix passiert. |
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Wir werden sehen, mir persönlich fehlt noch die Parabolische Phase für eine "Blase". Betrachtet man den Gesamten Market cap sieht das schon etwas anders aus: https://coinmarketcap.com/charts/Naja, wenn man sich den gesamten Uptrend (also ab 200$ seit Anfang 2015 z.B.) anschaut sehen die letzten Tage/Wochen doch schon ziemlich parabolisch aus. Ich bezweifle ja, ob es eine Verfünffachung des ATHs wie bei der letzten Bubble heute in einem etwas reiferen Markt noch mal geben kann. Oder ob wir für "Bubbles" mal langsam die herkömmlichen Standards aus dem Rest der Finanzwelt anwenden sollten Wenn aber am Segwit-Kompromiss was dran ist, kann es natürlich noch eine Weile weiter nach oben gehen, denn das wäre dann sozusagen die Befreiung aus einer zwei Jahre alten lähmenden Debatte. Die Altcoins werden dann zusammenfallen wie ein Kartenhaus, außer ein paar "echten Werten". Ich bin auch der Meinung: Keine Bubble. Wir sehen immer nich keine Mainstream Adoption. Kaum Hochfinanz aktiv, keine Pensionsfonds und schon gar nicht Tante Erna von nebenan. Evtl sehen wir eine kleine Vorbubble (Japanhype?)aber richtig parabolisch ist es lange noch nicht.... |
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I like the idea of adaptive blocksizes.
I also favor the idea that capacity should always outpace demand, so I think the increases have to be substantially greater than this. I think Ethereum does it in a smart way. If I am correct, it is something like 20% more than a moving average of actual capacity used. This ensures blocks keep getting bigger as needed.
How do you differentiate real demand from spam demand? If someone like Ver decides to dump millions of dollars worth of spam transactions in order to make the blockchain huge, how do you stop this? since if it's automated, the blockchain will just adapt to this demand (even if its fake) centralizing the nodes as a result. I just don't see how flexible blocksize schemes aren't exploitable. Define Spam first. |
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Goal for this year == 2017$ incoming ... |
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I detect heavy (chinese) mining centalization which has to be removed asap.
Same holds for the 5 core devs. Too central. |
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Lets have a look how SW performes on LTC first..
Stay tuned, we all want bitcoin to succeed.
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Yeah - nice. Ripple could do smart contracts as well and scale much more better than ETH - because it is already highly centralized. So who TF needs ETH and bitcoin ? Or SuckWiz ? In trust you trust. |
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/sigh
Bitcointalk has really become a shitshow lately.
Firstly, we need both on-chain and off-chain scaling. What we don’t need is unlimited size blocks being controlled solely by the miners or any 1 group for that matter. On-chain scaling should be done as safely as possible with a super-majority of community support.
Secondly, LN is only 1 off-chain solution to scaling being worked on. The whole shill story of LN = centralization is bullshit.
Yeah. Off chain scaling is live and started with litecoin (and fellow alts) and exchanges = 'economic user community' On chain scaling is blocked mostly by these community above. LN is a nice niche for unsecure micro payments. I d put this into alt scaling. |
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GOLD parity incoming ...
10 ....
...9 ..8 ..7 ..6.... ohh that was quick - no we are higher! |
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GOLD parity incoming ...
10 ....
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The shake out will come and all the blockchainers will come back into bitcoin. Andreas is mostly right and so word mighty https://youtu.be/SMEOKDVXlUo |
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