At this particular point in history, there are verbal abuses going on all over the web. I don'y care if you are for BU or CORE, just stop fighting. Seriously, the bitcoin community should pull together to change the world of bitcoin for better instead of insulting and attacking one another.
Fuck you. What a moron if you can't figure out why this is not possible. I agree, we are comunity bitcoin growing bitcoin depend on us and we must stop fighting the real enemies are the peoples who want kill bitcoin and wanna bitcoin be die
Core wants to kill bitcoin. SegWit is the Alt!
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I`m newbie in many things, can you please explain to me what is the difference between real and fake bitcoins? How can we notice the difference? I understand that some dev`s have different opinion on how should bitcoin be upgraded, many things are complicated for me to understand, can someone clear up things for me? Whom to trust, I noticed some names, and many people argue what is right, and everyone tell some other story. I`m ordinary man, and I think there is many people here just like I`m, how can we know who tells the truth and really wish good for bitcoin, and who is looking for fast profit?
It shouldn't be a hard choice - on one side you have the bitcoin developers and thinkers who have devoted their time on making the world a better place on the other side you have two rich guys that have done nothing for world except make themselves richer. typical Hillary voter
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I'm in total agreement with Alex.BTC here. I haven't posted in Bitcointalk for a while, but figured I would voice my opinion since there are accusations being made that block size increase supporters are new accounts, shills, etc. Well, here's an old account, and I also think the bock size needs to go up. Core could have done so at any moment, but they refused and now we have a stalemate and a split community. It's a shame.
It is more than a shame. It is a royal fuck up. Mike Hearn and Gavin said more than 1.5 years ago total chaos would come in time unless a fix was put in. They sure guessed that one right. You might not like Hearn and Gavin, but there is no doubt they called this one precisely. Total fucking shit chaos all over the place. Even if 8MB came today, it would take more than 6 months to get stable and win back user faith. Probably too long and Ethereum or Dash will be quite strong by then. I have to agree with OP - it looks like it is over for bitcoin. One thing is sure Gmax is a god-damned idiot. That fucker single handedly pissed off nearly everyone. Now we just need a little bit of talent to move over to the other side to strengthen the team at BU. Then, we'll be fine.
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Biggest joke ever! 'pledge'. Can be withdrawn the day before the lawsuit is filed. There is no such thing as a 'defensive patent pledge'. This is merely a trick for morons.
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Surely a BTU altcoin would be the cleanest option. And I have already said in other threads that it may not be the worst for the Bitcoin Unlimited supporters. Above all if they base the initial distribution on recent Bitcoin balances, like the "Clams" altcoin did, and maximal coin supply and reward schedule are not changed.
They may not get an user network like BTC from the beginning, but they could demonstrate their technology works and doesn't lead to centralization. At the same time, they could continue to advocate for Emergent Consensus in the "true" Bitcoin, but without holding up the hard fork threat.
I know they want to change Bitcoin, but even that could work at the end: If their EC system works well in the wild (where I unfortunately have my doubts) they would have two "success options" that could make them profit from this strategy: 1) BTU becoming a strong cryptocurrency 2) their EC system having chances of being adopted in BTC, too (that would be difficult, but not impossible, as their opponents would lose a major argument if it works well).
BU already is Bitcoin. SegWit is a whole bag of new bullshit rules - imposed upon Bitcoin. SegWit is the alt.
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Assuming miners are rational they will switch to the highest valued coin in the case of a fork, so the fork should not be sustained for long.
SegWit is the altSegWit has many radical changes. BU just puts things back the way they were before 1MB limit. BU is the same old bitcoin. SegWit + LN is an entirely different 2-layer system. SegWit is the alt
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You're not an idiot. The idiots are the ones who aren't seeing the plain truth in front of their face.
The guys at core/blockstream are the idiots. They want to own transaction throughput via LN. Severe damage has already been done and so many people and projects have left the bitcoin chain because of crzy high fees. While ETH has its problems, they are very likely to take over the whole pie in the coming 1.5 years. Bitcoin is being left behind.
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WHO can read that and NOT be turned on by the idea of LN ?? It. sounds. amazing.. I weep at the thought it may never come to pass.. It will come to pass - as an alt. Why don't they just go do LN on a bitcoin fork? Just call it: LNBTC. Now go do this amazing project. Oh wait, LN won't work unless we fuckup and cripple the throughput of the real bitcoin first. No one needs LN unless we first destroy the capacity at Bitcoin. It is all becoming clear now.
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We can have both. BU wants to attack any chain which isn't BU though.
Obviously supporters of each side are going to call the other side the "altcoin".
BU is the original Bitcoin without changes. SegWit has many radical changes. SegWit is the alt. BU is Bitcoin.
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I dont get it. I have read so much yet I cant still understand. They say it is an altcoin but alts should have a price right? Some say it is part of bitcoin, if that is the case then there should not be a price for this or else they will be a competitor. If they will get their profits through bitcoin only then I can't say they are an alt but more like an option to transact. Which is it really? Can someone make it clear?
The problem is there will be 2 coins - and the market will decide which one it will attribute more value too. If people find that BTU implementation suits them, its value might be more than BTC. Bitcoin Unlimited is 'BTC' - the real bitcoin. Bitcoin Core is 'BALT' - bullshit alt Don't let SegWit have the label 'BTC'. They can change their fucking label too. People who don't follow the details will mistakenly think 'BTC' is the real or original bitcoin. BU is the original bitcoin and should take the BTC label. SegWit is a wild deviation from the original protocol and is the alt coin
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SegWit is the Alt. BU is the original Satoshi Bitcoin
Please don't forget that again.
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What is the interest for BITMAIN to fork bitcoin? Why would they want to fork it and for what purpose? I really do not understand the advantages of hard forking bitcoin. Can anyone explain to me what will happen if it does?
What will happen if there is a fork is that you will have two bitcoin for every one bitcoin that you own. Basically, you double your money instantly. Please start to cheer for a fork.
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When we can have both btc (BU) and Core/Blockstream (BCB) co exist, why not treat Core like another Altcoin similar to the real Bitcoin (BU)?.
Why can't both compliment each other?
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Bitcoin Unlimited = BTC
Bitcoin Core/Blockstream = BCB
Let those stupid fuckers take the other name. 'BTC' is for the original 'real' bitcoin. BTC is for Bitcoin unlimited.
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why not treat BU like another Altcoin similar to btc?.
SegWit is the Alt. Bitcoin unlimited is Bitcoin.
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...* Just solve this guys....... Get the major players into a room, and solve this. The Bitcoin Community could destroy a good thing elsewise...
Already destroyed. Core fucked it all up.
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You want huge block sizes that would centralize the network Why do you idiots think large blocks will centralize the network? This is the biggest bunch of bullshit ever.
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It would also be much more readable if the author had stopped repeatedly declaring how "open minded" he is for first liking and then disliking SW. Even if SegWit were technically perfect, it doesn't actually provide a meaningful scaling solution. The notion that SegWit is for scaling is totally absurd. That is the technical evidence against. What SegWit does is provide a means for Lightning to work with the blockchain. Some patches for malebility. Lightning - a very stupid scaling solution that is proprietary will radically change the network in favor of private ownership of a bulk of the traffic. Blockstream. Even if SegWit were without technical fault, it is not, its true function is to enable Lightning. Bitcoin/Lightning strategy omits a HUGE class of transactions. Those transactions which are small in value and one-time only. 'Payment channels' are great when you want to do many microtransactions. But Lightning does work well for those situations where you want to do a one time small payment - like buy a cup of coffee. Then you are screwed and the network fails. Don't worry. Many wonderful off chain solutions will come. However, they should not come because one private company is intentionally limiting the transaction capacity so they can sell their private off chain scaling solution. The technical evidence against SegWit - it doesn't actually provide any appreciable scaling solution. It is merely a needed patch for Lightning to work.
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Seems like bitcoin core's strategy. Apathy rules. 1mb block is just dandy.
Bitcoin Core has already offered a solution with bigger block, i.e. Segwit. Apparently the market does not want a block size increase or pool owners (e.g. Jihan) are being severely lobbied into doing the opposite. Stupid comments like this don't help with a compromise. Apparently someone lacks a brain, and it ain't neither Searing nor I. Segwit is the compromise. SegWit is the altcoin
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many people predict that soon there will be a dump. it makes people think to sell bitcoin they have, and maybe some people will think that bitcoin will be considered dead again. but, I feel it will not happen, because the current price of bitcoin really become stable.
We cannot blame them since they have a bad experience with the bubble of bitcoins price last 2013. What happened was bitcoins price reached 1000 dollars but suddenly it fell down tremendously causing many to loss huge profits and deal a big loss and big blow to their pockets. But this time around the price increase is not a bubble but a real value of bitcoin and not manipulated. But the crashing was not bitcoins fault, to begin with the bubble that was forming was enormous and second the crash happen mostly by the closure of Mt. Gox the biggest exchange of bitcoin ever, right now there is not a single exchange that comes close, so the story does not need to repeat itself. This time,bitcoin price rise is not due to manipulation and bitcoin price from now depends on factors all over the world and not dependant on china anymore.This time,price will only go forward to much higher and not backward as it happened in january. Dont' forget about the coming fork, I think that is going to drive the price back to $500
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