Nodes on free fall as we speak. Not even a week after they fuck up, they release a patch that fucks up once again. Totally safe to put your wealth in the hands of incompetent morons.

Code:

BU node version 1.0.1.1 on linux 64bit error: ERROR: ReadBlockFromDisk: OpenBlockFile failed for CBlockDiskPos(nFile=-1, nPos=0)

https://github.com/BitcoinUnlimited/BitcoinUnlimited/issues/386

This is why software is valued higher than any hashrate in the world. Anyone can press a button and run mining gear, few people in the world can develop and maintain something like bitcoin, which is extremely fragile and requires world-class coders, cryptographers, and engineers in the field.

Anyone still defending this trash is absolutely Insane. The losses would be on the billions if those idiots were in charge. The network effect crushed.

Can't wait to dump BUgcoin to double my BTC for free if kamizaze Jihan goes through with his cunning plan.

https://np.reddit.com/r/btc/comments/60jf4p/my_name_is_meni_rosenfeld_and_i_support_bitcoin/

How many more bitcoin legends worth-listening-to coders need to speak up for delusional BUcoiners to wake up?

Nick Szabo and Andreas already spoke too:
https://bitcointalk.org/index.php?topic=1834564.msg18257910

Delusional schizo BUcoiners will think everyone not agreeing with them is under some sort of conspiracy.

Pretty much every worth-listening-to figure in the bitcoin word has spoken against delusional JihanCoin hard fork attempt, yet he refuses to cooperate.

BUGcoin is dogshit and has endless bugs, plus it's founded in a flawed concept (EC)

https://www.bloomberg.com/news/articles/2017-03-15/divisive-bitcoin-unlimited-solution-crashes-after-bug-exploit

The nodes get exposed as fake after the BUGcoin exploit.



The bug makes BUcoin the laughing stock of the world, all experts mock it:



Jihan Wu claims he wants to hard fork ASAP, markets react:



Jihan Wu cries about the market being unfair, he gets ridiculed by cryptography legend Nick Szabo:

https://twitter.com/NickSzabo4/status/843585660732694528

All experts including level-headed and always neutral Andreas advocating for the only objective correct solution; segwit first to fix quadratic exploit, blocksize increase later:



While Core devs work hard in better technology, BUcoin Republic prepares their President and Secretary to turn bitcoin into a political machine:



BUcoin is mostly Roger Ver funded, a conman criminal narcissist and tech illiterate, and Jihan Wu, a state-funded chinese agent to deploy the BUcoin trojan horse thought free electricity mining monopoly:




Very sad!

The market has spoken: The fears of BUcoin altcoin takeover are causing major selloffs.

Bitcoin was doing great, it survived the ETF, quickly regaining composure. It was not only after Jihan Wu, the acne ridden nerd with the mining monopoly, started supporting BUcoin and menacing the network with a hard fork. Roger Ver's propaganda machine and fake BU nodes (as we saw after the BUg) only helped the cause.

Those guys want to be the president and secretary of bitcoin:


Very sad.

Meanwhile, level headed neutral experts such as Andreas, are advocating for the objectively correct solution:



inb4 paid trolls.

The always level-headed, always neutral bitcoin expert Andreas Antonopoulos has spoken: Miners, get your shit together, activate segwit, let's scale bitcoin the proper way so we don't have to explain why there are 2 bitcoins as the price crashes to 2 figures (or why the price crashes to 0 as a BU fatal bug is found if it ever becomes the main branch).
Stick with the best devs or be dead.

http://www.coindesk.com/code-bug-exploit-bitcoin-unlimited-nodes/

Let this be a reminder of what happens when you try to pass the development of a 20 billion dollar project into a bunch of idiots instead of sticking with the time-tested, world-class coders with a conservative mindset that have guaranteed our holdings stay safe for 7+ years.



This also proves most BU nodes were single entities with big pockets, probably the work of none other than Bitcoin Jesus himself.

If Jihan Wu, Roger Ver and Gavin Andressen still promote this garbage, we all know they don't even care about their holdings and have ulterior motives beyond the idea of naive good intentions.

President elect Jihan Wu will guarantee that your blocks remain unfull, so your transactions are fast and cheap. Centralization? don't worry, you are safe in Jihan's hands.

Secretary and official Jesus of the crypto-era Roger Vermin will preach the BUspel around the world.

Bow down to your new God:



BUcoin will be ok, just keep copy-pasting Core's hard work.

https://www.reddit.com/r/Bitcoin/comments/5z47f3/it_looks_like_chinabu_developers_forgot_to_add/

What? what is this?



Even after copying 99.99% of Core's hard work, they introduce a couple of lines and manage to fuck up? Lies! linking to bitcoin reddit? you brainwashed blockstreamer cultist. You are going to the BUlag!!

Why are they taking SO long to take a god damn decision? Why can't these old fucks hurry up and tell us what's up? It's friday night, I don't feel like siting on my computer for the rest of the day, just give us a god damn verdict you pricks, and you better approve or else you'll look like retards eventually by not accepting this post-bitcoin reality. You can't stop it.

[Good idea or not, SOMEBODY will try to mess up the network (or co-opt it for their own use) sooner or later. They'll either hack the existing code or write their own version, and will be a menace to the network.I admire the flexibility of the scripts-in-a-transaction scheme, but my evil little mind immediately starts to think of ways I might abuse it.]

I don't believe a second, compatible implementation of Bitcoin will ever be a good idea.  So much of the design depends on all nodes getting exactly identical results in lockstep that a second implementation would be a menace to the network.  The MIT license is compatible with all other licenses and commercial uses, so there is no need to rewrite it from a licensing standpoint.

Good idea or not, SOMEBODY will try to mess up the network (or co-opt it for their own use) sooner or later.  They'll either hack the existing code or write their own version, and will be a menace to the network.

I admire the flexibility of the scripts-in-a-transaction scheme, but my evil little mind immediately starts to think of ways I might abuse it.  I could encode all sorts of interesting information in the TxOut script, and if non-hacked clients validated-and-then-ignored those transactions it would be a useful covert broadcast communication channel.

That's a cool feature until it gets popular and somebody decides it would be fun to flood the payment network with millions of transactions to transfer the latest Lady Gaga video to all their friends...

A second version would be a massive development and maintenance hassle for me.  It's hard enough maintaining backward compatibility while upgrading the network without a second version locking things in.  If the second version screwed up, the user experience would reflect badly on both, although it would at least reinforce to users the importance of staying with the official version.  If someone was getting ready to fork a second version, I would have to air a lot of disclaimers about the risks of using a minority version.  This is a design where the majority version wins if there's any disagreement, and that can be pretty ugly for the minority version and I'd rather not go into it, and I don't have to as long as there's only one version.

I know, most developers don't like their software forked, but I have real technical reasons in this case.

I admire the flexibility of the scripts-in-a-transaction scheme, but my evil little mind immediately starts to think of ways I might abuse it.  I could encode all sorts of interesting information in the TxOut script, and if non-hacked clients validated-and-then-ignored those transactions it would be a useful covert broadcast communication channel.

That's a cool feature until it gets popular and somebody decides it would be fun to flood the payment network with millions of transactions to transfer the latest Lady Gaga video to all their friends...

That's one of the reasons for transaction fees.  There are other things we can do if necessary.

How long have you been working on this design Satoshi?  It seems very well thought out, not the kind of thing you just sit down and code up without doing a lot of brainstorming and discussion on it first.  Everyone has the obvious questions looking for holes in it but it is holding up well

Since 2007.  At some point I became convinced there was a way to do this without any trust required at all and couldn't resist to keep thinking about it.  Much more of the work was designing than coding.

Fortunately, so far all the issues raised have been things I previously considered and planned for.

Well well well, what do we have there? Look at this amazing piece of history.

Gavin Andressen, back when he was reasonable, pointing out how people would try to flood the network with trash.

Then satoshi, pointing out how basically BU would be a disaster.

How times change. Now a post-CIA Gavin is pushing this BU trash and supporting Jihan Wu and the rest of idiots flooding the network with garbage to try to force the BU nonsense as a solution.

Gavin and BUcoiners exposed again by Gavin and satoshi himself.

Here's further exposing of Gavin in pre-CIA times, talking about the evils that he is now promoting, and pointing out how merchants and nodes control bitcoin, not Jihan Wu's monopoly:

I very much doubt that any one entity will ever have 50% of the computational power. The botnet operators will bow to the whims of the community because it's the community that ultimately gives bitcoins value. What good is a giant load of bitcoins if you don't have anyone willing to give you something in exchange for them?

Eventually the largest merchants and money exchangers will control what is "standard" bitcoin.

Take the "50-coiners" scenario, and imagine that they manage to get 75% of the CPU power on their side.

But imagine that the biggest merchants and money exchangers are more conservative, and are in the 25% minority.  I think they will be-- I don't think they'll be the ones in the business of generating coins (they'll be busy selling products or doing the exchange thing).

What happens?

Well, the block chain splits.  Transactions using coins minted before the split will get added to both block chains, and accepted by everybody.

Transactions involving "50-coins" (generated after the split) will be accepted on the 50-coin chain, rejected on the 25-coin chain.  And vice-versa.

"50-coiners" would quickly find out that they couldn't get rid of their newly minted money because who wants bitcoins that are rejected by the biggest money exchangers or merchants?

If the big merchants and money exchangers disagreed, I bet you'd see Bitcoin clients that ONLY accepted pre-split coins and did no coin generation (since those transactions would be accepted by everybody).  If it was never resolved, I think the number of Bitcoins at the time of the split would become "the number of Bitcoins, period,"  because most people will not want to use money that is accepted some places and not others.

Replace "50-coiners" with BUcoiners and 25-coin with Core. There you have it.

Check the tweets here too:

https://medium.com/@WhalePanda/how-bitcoin-unlimited-btu-will-be-erased-169977ecb3bb#.8lzo1psxc

Get ready to dump BUcoin and double your BTC stack if the unfortunate event happens.

What it does it shows us, you ask?

Well, very simple: This shows how easy the price of bitcoin can be pumped if there is FOMO. So imagine that big pockets move small amounts of their portfolios into bitcoin. Even without a ETF, we would be in $10,000+ in DAYS with continued FOMO.

People forget the marketcap for bitcoin is tiny, and rises can look like massive green candles easily.

https://medium.com/@WhalePanda/how-bitcoin-unlimited-btu-will-be-erased-169977ecb3bb#.edr8pegfj


Core team continues doing an amazing job with every release, no one with a functional brain will stay in BU.

BTU will get dumped, miners will either kill themselves or go back to Core in case of a split (betraying the delusional idiots that still don't get BU doesn't work).
This, or BU itself being a coding disaster will put the nail in the coffin.

Unfortunately, it will be inevitable that Bitcoin gets a massive hit and goes back several years, but Roger may become ver-y poor in the process if he isn't frauding and really dumps BTC to buy more BTE or whatever tag the altcoin will have.

Facts remain: Core devs are the better coders, BU will not get anywhere long term without them. Hopefully, people involved are reasonable and don't keep pushing towards this abyss, or they will learn the hard way (im talking about the idiots delusional enough to believe in BU lies, not the ones that are doing this in purpose to try to stop bitcoin).

PS: Bitcoin does NOT scale to mainstream levels on-chain, get this through your skulls already you dumb big blockers.

Just to confirm the SMS in some websites, or activate a new whatsapp or whatever?

Sometimes I want to register on a website, and I dont want to give them my damn phone number. Also sometimes for work reasons, I need to share my phone with some people I dont really trust, so I could write to them in whatsapp using a number I don't use.
Any ideas?

Woops feeling bad about the people that sold yesterday at the 1135 bottom. Wild swings show the bullish sentiment. If the ETF is not passed, maybe the sellof allready was priced out, in any case it shows that it will get bought up quickly.

Remember that decision is not tomorrow but march 13th, so we may test high 1200 again before final verdict.

Testing out Bitcoin Core 0.14 for the first time. The boot time was decreased (again, how do they do it? it keeps getting faster). Nice performance, and now the wait to sync isn't desperating thinking you are making 0 progress because of the new window that shows remaining blocks.

Remember to download your Bitcoin Core 0.14 today and run a full node.

Mining mogul Jihan Wu single-handedly crashes the Bitcoin price by supporting BUcoin.

Dumb low IQ Roger Vermin and the rest of delusional BUcoiners celebrate that Antpool mined some BUcoin blocks. Just hours later, the price crashes into oblivion.

The Powers That Be failed to hack bitcoin, but they might as well kill it by good ol "divide and conquer".

Good job, Jihan, now you'll soon be emperor of a worthless token.

The ridiculous DASH hype, unjustified to my knowledge, has been finished. The price is naturally crashing, while the bitcoin price is naturally growing. Altcoins are being sold to join the BTC train, no wait, the BTC rocket.

So who lost money with this? and who, hopefully, made a killing? This was a good pump, i'll give you that. I wish I was holding some, but I had no reason to buy when it was 5 dollars.

So as we know, some people think the ETF will pass and bitcoin will go $2000++
Other people think ETF will not ass and bitcoin will go under $1000 again

both are good opportunities to make more money

What would you bet? ETF passes or rejected? Odds change across sites.

We all know that odds doesn't mean much, anything is possible.

ETH is inflationary currency, which means more coins will be added into the supply infinitely.

ETH is a PoS (soon to be) coin, which means all the big banksters can control it.

ETH is a system that has shown weakness in the past, hard forked in a stupid way, and its creator told exchanges to stop all trading to avoid people from panic selling, a total disaster. Can you imagine if satoshi told exchanges to stop trading?

In any case, I think ETH will grow in short-midterm, but long term? Im not sure about that at all. In fact, I see nothing but bitcoin as a good long term investment.

https://www.youtube.com/watch?v=JarEszFY1WY&feature=youtu.be&t=300

That was it. If anyone is supporting Bu/anti-segwit agenda, I don't know what to tell you.

It was clear how Roger Ver is simply not able to form coherent arguments, he is too emotional. Johnny was articulate, calm and collected.

And Johnny isn't even one of main coders. I would like to see Gmaxwell debating on those streams, see if they can keep up to the debate outside of computer screen trolling.

I was thinking about buying other coins to profit and make more BTC too as BTC grows, but I don't see a clear pick to risk my bitcoins at...

Maybe I should have bought ETH and DASH but what did I knew? Even this ZCASH crap pumped to like 30%, but how can you even foresee that?

I guess ETH is a good pick because ETH keeps getting shilled by microsoft and all those big companies but ultimately that means nothing...

I don't know what to do. I want more BTC, but I see no clear investments... fuuuck (