Either we've gone through the looking glass, or else the goal is that Bitcoin should fail and some alt coin take its place?
Why hard fork Bitcoin to enable microtransactions if only to make them too expensive, as well as add risk and cost and also remove functionality in the process?

Gavin's 2nd proposal also seems worse than the first by the arbitrariness factor.  x20 size first year, for years two through ten x1.4, then stop.  

Is there some debate method outside Lewis Carroll where you get increasingly absurd until folks stop talking with you, and then you declare victory?
Lets stop this painting-the-roses-red stuff and get back to serious discussion if we want to increase the block size limit at all.

Don't confuse signal:noise ratio with death.
There is a lot happening, not all of it is ready for open discussion.

The illuminated even took over the folks that made sign language for the deaf so that deaf people would make the illuminati hand sign whenever they wanted to say "I love you"?
Clearly the alien illuminati over lords at work.  Just look at that wickedly happy illuminated alien face with the levitating hand!



Don't believe it?
How do you think they give all those world leaders the plausible deniability of doing this in public?  They can always just say they are signing "I love you".

Yes, and the wool is exquisite.  Some hand crafted alpaca wool items for sale for BTC, or you can learn how to felt while you visit taught by an expert.

Tailor made sheep's wool suit at one of the best Beverly Hills tailors is about US$4K, the alpaca wool suit, about US$15K.
http://duncanquinn.com/

Takes Bitcoin, Has Spa:



There are events planned about once a month, more frequently in spring and summer.
https://bitcointalk.org/index.php?topic=711069.0

This is an awesome faucet.
Can hardly wait... so its ok if you don't post, just make it happen.

And she apparently did so with the CDC's explicit permission.

http://dfw.cbslocal.com/2014/10/15/ebola-patient-traveled-day-before-diagnosis

I'll let Satoshi speak to that: 
Lets not break what needn't be broken in order to facilitate micropayments (the reason for this proposal in the first place, yes?)

From a security perspective, the more useful something is, the more risk it tends to have.
Hard forks today are much easier than they will be later, there are only a couple million systems to update simultaneously with an error free code change and no easy back out process.
Later there will hopefully be a few more systems, with more functionality and complexity.
This is the reason I maintain hope that a protocol can be designed to accommodate the needs of the future with less guesswork/extrapolation.  This is not an easy proposition, and it is not one with which most are accustomed to developing.  This is because it is not enough to make something that works, we need something that can't be broken in an unpredictable future.

Whatever the result of this, we limit the usability of Bitcoin to some segment of the world's population and limit the use cases.
2.0 protocols have larger transaction sizes.  Some of this comes down to how the revenue gets split, with whom and when.  Broadly the split is between miners capitalizing on the scarce resource of block size to exact fees, and the Bitcoin protocol users who are selling transactions.

Block rewards are mapped out to 2140.  If we are looking at 10-20 years ahead only, I think we can still do better.

If we start with Gavin's proposal and set a target increase of 50% per year, but make this increase sensitive to the contents of the block chain (fee amounts, number of transactions, transaction sizes, etc) and adjust up or down the increase in maximum size based on actual usage and need and network capability, we may get some result that can survive as well as accommodate the changes that we are not able to predict.

50% may be too high, it may be too low, 40% ending after a period likewise, maybe high maybe low.
The problem is that we do not know today what the future holds, these are just best guesses and so they are guaranteed to be wrong.

Gavin is on payroll of TBF, which is primarily the protocol users and somewhat less represented by miners.  This is not to suggest that his loyalties are suspect, I start with the view that we all want what is best for Bitcoin, but I recognize that he may simply be getting more advice and concern from some interests and less from others.  All I want is the best result we can get, and have the patience to wait for that.  After all, how often do you get to work on something that can change the world?  It is worth the effort to try for the best answer.

JustusRanvier had a good insight on needing bandwidth price data from the future, which is not available in the block chain today, but ultimately may be with 2.0 oracles.  However depending on those for the protocol would introduce other new vulnerabilities.  The main virtue of Gavin's proposal is its simplicity, its main failures are that it is arbitrary, insensitive to changing conditions and inflexible.

Thanks for this.
It applies directly.
It is also consistent with what the CDC's current position is. "We don't know how they got it."
Its been confirmed airborne among animal testing.

Theory and practice diverge here.
A miner can put as many transactions as they like in a block with no fees.
The cost is then replicated across every full node which must store it in perpetuity.

Thing is, it wasn't just XMR, it was most every coin that Polo has that MintPal also had.

You can get them back... Looks like TrueCryptonaire will sell them to a stronger hand...

Someone never heard of the concept of a faucet...

Did it occur to you that Risto may not need your XMR and has found a way to make the coolest faucet ever?

Baby bitcoiners can go solve captchas for satoshis, Monero's got game.

If you have no friends to whom you can give gifts, and never see people in person, you can always use them as cool cold storage wallets

Good point, I should stop, because responding with no pants makes things harder!


Yes.  These people carry another kind of virus, a philosophical one.  When the two combine it's gets messy.


Believe me when I tell you, the folks who "respond" have war-gamed this extensively for decades.  This isn't new to "them". 
Here's a drill on it I remember from a decade ago:
http://www.washingtonpost.com/wp-dyn/articles/A10746-2005Jan14.html

Normal precautions during flu season are good, but stepping it up a notch or two this year might be good.

If it was a financial attack, he could simply sell XMR for BTC, buy LTC with BTC (pumping his LTC), then buy more XMR with LTC and repeat until you burn through it all in fees and slippage, occasionally using a different intermediary coin.
Then when folks capitulate, accumulate and ride it up.

The alpaca are friendly enough to eat from your hand.  They can't really bite you as they have no upper teeth.  If you are very patient and gentle, some of them may let you pet them on the neck.
They are pretty smart for prey animals, and very social in their herd.
We had a baby (called a 'cria') a couple weeks ago.  The ranch is off the beaten path in the hills of Malibu California, a bit rustic and very peaceful.

Alpaca are great jumpers.  Most any of them could get out of their areas if they are motivated, but they like each other and tend to just stay in the pens.  There are a few that will take the odd walk around the grounds though.

And yes, discounts and special treatments are available for those that pay in Bitcoin.

Predicting price movement with any accuracy is not something that can be done without inside knowledge, serious math, or both.

What we can do is look at the ways to catalyze growth, adoption, acceptance and make things happen.

South American nations are ripe for this NOW.  Venezuela has the highest bond rate on the planet, currency failures imminent.
Brazil, Ecuador, and Argentina are right behind.
Argentina especially has a growing middle class.  They are trying to save for their children's college education, but the banks are no good for that because the currency devalues faster than the interest rates.

So they buy cars and stick them in the garage under a tarp because it is a "store of value".  Anything solid.  They'd get gold and silver if they could get their hands on it.
Crypto currencies are VERY hot there.

Currency controls in Asia areas make it a slam dunk.
The USA is not the best market for it.

Room is open and vacant once again...