I don't know what Chinese are trying to prove. Why god had hired such enormous power to them. Even all Multinational companies had there branch in china and they are ruling bitcoin world also.
They are introverted people and nothing will ever change that even if they come to america and try to fit in their dna is injected with this trait so no matter how hard they try to white wash it off they will never succeed in doing so. And bitcoin is perfect for introverted people to subject themselves into. Just look at mining. It only takes one person to put it together and operate. That is what they love so much the power to be able to gather this new found wealth without anybody else to pay to do the work so that all the profit belongs to them, in this case the sole operator. The only thing that makes China better is that it is easy to steal electricity. |
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Mining is not the only thing about Bitcoin ,
It can never be destroyed unless the NWO start's regulating it like they do with Europol and other nonsense.
Even then it is illegal if people stand up for their rights.
wtf? |
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Currently we are entering the phase of mass adoption lol! User adoption is very near zero now. All potential uses of bitcoin have been smothered. The only remaining 'store of value' and speculation keep things going. But with 3tx/sec limits and high fees, all interesting uses of Bitcoin are thwarted. End users abandon ship a long time ago. Just ask Circle or BitPay. The ship has sailed. This. Bitcoin has become too centralized, and the whole business of becoming an alternative to the dollar collapsed starting in 2014, when the dollar started to rise for the first time in 30 years against all major currencies, and continues to rise. Bitcoin needs to solve a problem that can't be solved using fiat or plastic or paypal. To date it hasn't done that. Even in places like Venezuela and Argentina, it didn't achieve critical mass. What holds it back? People feeling nervous that all the mining is concentrated behind the great firewall of China? The small blocks and the slowness in getting transactions confirmed? The backlogs and the fees? The difficulty in buying it? Your guess is as good as mine. But something has gone wrong. ASICs turned a well distributed group of over 6000 miners into about 5 mega miners in China. GMaxwell convinced these 5 miners only he is competent in matters of cryptography. BAM! - centralization. That was the end. We need >5000 independent voters to achieve true decentralization. Those days are long gone. |
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Did it not occur to you that the Bitcoin Unlimited people want to fork away Bitcoin from the core developers? This is precisely what should happen - and what probably will happen as soon as a few more Chinese miners stop sucking GMax's dick and grow some balls of their own. |
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Hopefully the leadership will improve because as the price continues to rise, more people will jump into invest. We don't want the bubble to burst anytime soon.
What leadership are we talking about, it's our leadership because we are dictating the price of bitcoin. Bitcoin as a payment instrument, probably not as promising as we thought five years ago. But very promising cryptographic protocol - in the major western banks it is being used. For the client, of course, nothing changes - both paid with online bank and pay off. As a payment instrument - or anything else, it is dying. Until somebody removes GMax, bitcoin is off to the ruins. |
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Currently we are entering the phase of mass adoption lol! User adoption is very near zero now. All potential uses of bitcoin have been smothered. The only remaining 'store of value' and speculation keep things going. But with 3tx/sec limits and high fees, all interesting uses of Bitcoin are thwarted. End users abandon ship a long time ago. Just ask Circle or BitPay. The ship has sailed. |
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Also, let's not pretend that I'm the only person who views Bitcoin as a store of value in opposition to what "everyone else" wants. The community is clearly divided with support on both sides of this three year old argument (otherwise we wouldn't still be arguing about it). I want both sides to get what they want. Bitcoin's very nature provides a path to end. Why are you bitching about that?
I am bitching about it because SegWit and other altcoins come in under the notion that GMax has commit access and calls that shit 'Bitcoin' while he tells others to go start their changes to the protocol on a forked chain. To be fair, we should fork today on three prongs: - 1) no changes; 2) SegWit and 3) BU. ALL miners have to abandon what they are running now and EXPLICITY choose one of the 3 prongs. Miners who don't take an explicit decision will be mining on a CLOSED chain. That system will work to effect a clear decision. Of course, two prongs will survive and everyone will shit bricks. But this is the only way to be fair. The notion that 95% consensus is going to solve this is crazy. Just as soon as GMax realizes 95% cannot be achieved, they will declare 85% enough for consensus and invoke SegWit on that. Otherwise, we would clearly be stuck on 'no changes' forever. |
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If we were still running "the original protocol" Bitcoin would be useless, so I don't really see any merits to that argument.
I didn't say we should run the original protocol - you stupid fuck. Can't you read? I said that big blocks were part of the original protocol. You don't ever see merit to any argument because you are unable to comprehend what is being said - just like you do everytime you see something and slant it far into your own twisted understanding. No wonder Blockstrem loves you as their little bitch shill. |
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We will never achieve full consensus. 'Consensus' turned out to be the death of Bitcoin. |
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The length of that list is staggering but I have always though of bitcoin as modern era gold rush a few will make fortunes, some will make some money and a lot are going to lose everything they have.
Over $1Billion lost so far. Probably going to be a lot more in the near future.  |
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China is controlling the bitcoin.
"China is controlling the bitcoin." - well said. |
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Bitcoin means one thing to me: Freedom. I'm willing to wait a long time and pay handsomely in order to write into the permanent ledger that every full node must keep a copy of forever. I can use cash and credit cards for everything else.
Just because the application you personally love so much is well served by a crippled version of Bitcoin, the 1MB came later and is not a part of the original protocol, now you say everyone else's favorite applications can just fuck off. Since 'store of value' is all YOU need, then other's concerns about deploying the network for other utility - are just not important to you. Very dumb argument. |
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the solution is
dynamic 2mb bas 4mb weight.
both sides win and then let the freedom of how users transact decide what happens
If you think you have the solution, the point is that there is no need to discuss it further. Implement it, mine it, and move forward from the endless "I have the correct solution" discussions. Yeah, and nullc and his shills get to manipulate the protocol and all miners will just follow along. every other chain has to go out and start their own alt. Why doesn't nullc have to start a new chain when he introduces new ideas to the protocol? Why does nullc get to call his new altcoin 'Bitcoin' and impose those changes on the 'majority' chain? If SegWit and Lightning are truly better, then nullc and his gang should be delighted to start a new chain and rid themselves of the 16million BTC load that comes with staying on the old chain. Because like the others, there is no chance to start a new chain. So, saying: 'go do your fork' goes two ways. Let that fucker nullc go do his fucking alt on a new chain too. |
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Bitcoin does exactly what I need it to do. I can store value while retaining the ultimate control over the asset, and I can transfer value to anyone, across any arbitrary border, without requiring the help of a middleman or permission of an authority.
It will only fail you if you had unrealistic expectations from the start.
BitPay had signed up 10,000 merchants with the expectation (probably unreasonable) that people would transact with bitcoin for things other than store of value. Now that Holiday is satisfied with his 'store of value' use, let's just throw away all other anticipated uses. Fuck. |
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So in your opinion , Bitcoin has indeed failed to deliver ?
fAILED TO DELIVER AND FAILED IN EVERY OTHER REGARD TOO. BITCOIN FAILED. |
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Just having a way to scale for a solution is the wrong approach.Scaling has to be done the right way!
This is very sad.
with just a few lines of code, you can change 1MB to 4MB and all will be happy for another 3 years until a real scaling system can be developed. |
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I knew those fucking Chinese were crazy.  Damn, eating dogs and spitting. Those guys are strange. Is that even legal in China? excuse me ,i am chinese, most of us resist eating dogs , but it is just not inlegal here , so someone eat You fuckers eat ANYTHING!!  |
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It is all fair on btc mining ,just because we have cheaperelectric power  All the while you continue to royally fuck up the Earth's atmosphere. Doing $1000 of damage for every $100 of bitcoin you make. Fuck the fucking Chinese. Holy smokes I cant imagine actually seeing roasted dogs, thats too f'd up for me
They spit on the carpet and eat roasted dogs. It's part of their nature and they culture that makes them Chinese. it is natural to have these differences. That is who they are. |
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Those guys are filthy fucking pigs. [img=200X160]https://i.imgur.com/tbBpz76.jpg[/img] Lol what are these man,why do they have to make this big ass signs,are the Chinese really like that,I just don't know what to say,if this is true,well that's quite funny to say the least  lol. Spitting on the floor. At least baseball players do it on the lawn. |
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