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Needs proper date formatting to be in the News section.
Thanks...
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Yet another clickbait article. Don't bother.
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Needs date formatting to fit into the News section.
Also, Hearn is a ego-driven drama-queen who is quitting and taking his ball home since XT and Lighthouse failed.
Essentially, he's saying Bitcoin is "dead". And we all know what happens when people make ill-advised predictions about Bitcoin...
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Theymos has justified the censorship decision as follows: “If Coinbase promotes XT to customers on coinbase.com and/or switches all of its full nodes to BIP 101 software, then Coinbase is no longer using the Bitcoin currency, and it doesn’t belong on /r/Bitcoin. This also applies to bitcointalk.org (where Coinbase would be restricted to the altcoin section). Bitcoin.it and bitcoin.org have similar policies. In fact, Coinbase was already almost removed from bitcoin.org due to your past statements in this matter.” Except for the part where Coinbase is definitely still using the Bitcoin currency. They still send and receive Bitcoin transactions on Bitcoin's blockchain. Ergo, they are using Bitcoin. It's only an altcoin if it forks without consensus. No fork has occurred. This is demonstrably misleading. As usual, this sort of authoritarian behaviour is only going to polarise the discussion, create mistrust, encourage controversy and raise doubts about integrity and impartiality. If people genuinely believe a contentious hardfork would be a bad thing for Bitcoin, perhaps they should stop doing everything in their power to encourage one. Wrong, XT is not "vanilla" Bitcoin, it incorporates significant changes - hence the separate clients and mining software. As for consensus, we're not even close to filling up blocks yet (sorry, some asshole doing 'stress tests' doesn't count - that is abusive spam behavior, not organic growth). We have time to determine the proper course, but naturally a few dramatic personalities *cough* Hearn *cough* made the case as if the whole world is going to fall down around our ears if we don't adopt changes right away. Nothing could be further from the truth. Even as we speak, XT nodes are a paltry fraction of the existing network - 10% with a typical 2% variance on any given day of the week - and has been for months. If you like metrics, I suggest looking at https://kaiko.com/statistics/average-block-size for more perspective. The problem will get solved, it won't be through the "take my ball and go fork" variety of tactics, however. |
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Since it is obvious from the links you post, why do you put your domain name in the subject line for everything?
Do you think we won't read your link? Its a bit off-putting, to say the least - and it crowds out your subject title.
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Not to mention that living anywhere in Switzerland requires a pretty penny. There's a reason for it, its a form of immigration control (either intended or coincidental), and the fact that the Swiss depegged from the dropping-anchor-Euro. If you like being frozen and paying high prices (nominally compared to other currencies) then be my guest. Proclaiming success before you've even made it out of the gate in a new location doesn't exactly inspire confidence, either.
But what else do you expect from people "talking their book" about a bunch of startups. Probably a few guys crammed into an expensive rental space cheering each other for being so damned smart. (Typical startup myopia, in other words.)
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Hey, almost how like battling computer viruses and malware is too complex for the "average individual", eh John? You just have to build services that use the tech and present it in a approachable way, like say, McAfee Antivirus before it turned into bloated suckware.
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If you don't give your users a choice, you are "experimenting" with your business model. Coinbase simply learned that by assuming people wanted XT (they don't), they made the same error as Coke-Cola in their disasterous "Classic" versus "New" coke push.
As for satoshi "wanting" this and that, give it a rest. The BIP is out there, and XTNodes shows current interest to be at a whoppingly failure-ridden 8.8%. The people have spoken, Coinbase just has to listen more closely.
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Lets see... my alt-coin fraud alert is ringing. Just checked their website, no listing of who is involved - is it some closely held secret? Why? Oh, and here's a kicker - 4% distribution to select people - just because... Participation is open to anyone with progress in mind, however, the developers must be able to identify the Internet identity of participants to avoid abuse of the airdrop initiative. If you have contributed to the advancement of technology in its many forms, plan to, or are keen to participate in Decred, please ensure your URL links to material that demonstrates this. So, if you don't have the "right stuff" you don't get any free monies... yeah, okay, good one. I'm not touching this with a 100-meter pole. Instead of Decred, they should've called it "NoCred". (Also, once sidechains get going, why even try to make a new alt all by itself anyway? Talk about reinventing the wheel...) |
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Needs proper date formatting to fit into the News section.
Thanks...
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Any particular reason you reposted the same story? Just seems silly to do so...
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Yet another drama-story about BitcoinXT, the protocol that "has a lot of support" at 8.8% of all nodes. Yeah, right. Don't believe me? Check the pie graphs at xtnodes.com to verify. Coinbase can do what they want, but if they think breaking fungibility is a good business model - I have a bridge in New York to sell them.
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Needs proper date formatting to be in the News section.
Thanks...
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Needs completion on date for proper formatting in the news section.
Thanks...
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With the halving coming around July of 2016, you'd have to be a complete idiot not to understand what limiting supply will do to price. And it just isn't that, either. Even with the banks trying to separate themselves from Bitcoin by using the blockchain is producing visibility and conferring legitimacy to the entire project. They'll cave in the end and actually use Bitcoin, but first they have to reinvent the wheel since they all suffer from "not invented here" syndrome. Its a frequent ailment that banks possess when it comes to technology.
Lets not forget the other overarching problems that will expose the current market and monetary system as a fragile house of cards, the global devaluations as countries struggle to make their exports strong, the oncoming deflationary wave that is hammering global commodities such as coal, copper and oil. All of these things will expose the inherent flaws in the system, and unwind countless derivative and credit default swap "bets" around the world.
2016 is going to be an interesting year, to say the least.
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Needs proper date formatting to fit into the News section.
Thanks...
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Linking to paywalled articles is annoying.
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