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61  Bitcoin / Development & Technical Discussion / Re: Wondering out loud: Which should Chinese miners support - Core, Classic or another? on: January 29, 2016, 03:18:54 PM
Yes, but that happened in 1997. 11 years passed before someone figured out how to use it and invent Bitcoin - the fact that he takes credit for inventing Bitcoin in this manner shows insights into the level of ego we are talking about.

Please quote where he does (I remember from when he joined this forum after me that he said in his sig that he invented Hashcash but not Bitcoin).

So "I'm calling bullshit".


"cryptographer, privacy enhancing tech, ecash, inventor of hashcash (bitcoin is hashcash extended with inflation control)"

Bitcoin is far more than hashcash+
Well said.

I will repeat it once more:

Saying that "bitcoin is hashcash extended with inflation control" is exactly like saying that "car is just horse carriage extended with combustion engine"

A person who said such thing must have HUGE ego problems.
62  Bitcoin / Development & Technical Discussion / Re: Wondering out loud: Which should Chinese miners support - Core, Classic or another? on: January 29, 2016, 03:12:01 PM
Are you actually serious, or is this some form of sophisticated propaganda ?

It seems rather obvious that you are in fact part of some sort of sophisticated propaganda.

I don't think I care to bother with you any more (so please stop wasting my time with your stupid replies).
Please don't.

You are so naive and have completely no understanding of the topic you are discussing. It would be a waste of time.
63  Bitcoin / Development & Technical Discussion / Re: Wondering out loud: Which should Chinese miners support - Core, Classic or another? on: January 29, 2016, 03:09:43 PM
[sarcasm]
Why do we need this satoshi guy anyway for ? Adam Back is the true inventor of Bitcoin after all !
[/sarcasm]

You do realise he invented Hashcash do you not?
Well, using this way of thinking you could say that horse carriage inventors invented cars (because car is essentially just a horse carriage with combustion engine, right ?).
64  Bitcoin / Development & Technical Discussion / Re: Wondering out loud: Which should Chinese miners support - Core, Classic or another? on: January 29, 2016, 03:07:53 PM
I don't know why they can't simply work on the 2MB forked chain.  It's not like they are stuck supporting a defunct 1MB chain if it goes that way.
Why do they need a 2MB block chain?
(so far the answer is just "because Gavin says so" and "maybe this is a popular thing")
Are you actually serious, or is this some form of sophisticated propaganda ?

You know, the blocks are actually getting quite full NOW. Also, guess what: in peak hours blocks get completely full (huge transaction backlog).

And SegWit is realistically at least 2 years from ready (including testing, implementation in all other clients and so).
Lightning Network is realistically at least 3-4 years from ready (including testing, implementation in all other clients and so).

https://tradeblock.com/bitcoin
https://www.google.pl/search?q=mempool+backlog&ie=utf-8&oe=utf-8&gws_rd=cr&ei=rH-rVtyGKIX1UpKpt6AL

You can't wait for a complex magical unicorn like LN or SegWit for come and save the day, while we have a practical, working solution right now and it can be deployed in hours.

This is some pretty obvious stuff, If you don't know this you must be pretty uninformed or you have a hidden agenda.
65  Bitcoin / Development & Technical Discussion / Re: Wondering out loud: Which should Chinese miners support - Core, Classic or another? on: January 29, 2016, 03:01:44 PM
It's frightening too see huge miners so poorly informed about the protocol they are working for.

Basically, if you secede onto a fork that is contentious, you'll loose money.

Simple as that.
Oh yeah, you are right.

Bitcoin Core is the fork that is contentious. It forked off the original vision of Satoshi.

1MB LIMIT was **never** supposed to be any kind of economical limit. It was only a quick-fix for DDoS and (at the time) it was at least million of times bigger than average block size.
So, if we would keep the ratio, today the block size LIMIT should be at least 1GB.

[sarcasm]
Why do we need this satoshi guy anyway for ? Adam Back is the true inventor of Bitcoin after all !
[/sarcasm]
66  Bitcoin / Development & Technical Discussion / Re: Wondering out loud: Which should Chinese miners support - Core, Classic or another? on: January 29, 2016, 02:54:29 PM
I am discussing very serious issues indeed. Namely, the corruption and obvious conflict of Interest of BitcoinCore and Blockstream.
In that case you should of course have worked out that the Core Devs do not all work for Blockstream (not even half of them do).

So what about the other half of them?

Also corrupted because "you think so"?
Hah. You are so easy & naive.

Obviously, not all of them have to be corrupted for the Core to be corrupted. If only the ones at the steering wheel will be corrupted and the others are not, but will agree to everything the management does, the outcome will still be the same.

I mean what the hell are we even talking about ? Are you even familiar with the events of last 2 weeks ? The events of last 10 days should be enough for every good, honest & truthful person to hate Blockstream & Bitcoin Core for eternity !

I got the feeling we are not on the same page here.
67  Bitcoin / Development & Technical Discussion / Re: Wondering out loud: Which should Chinese miners support - Core, Classic or another? on: January 29, 2016, 02:45:58 PM
Is that some sort of "smartass reply"?

If so then I'll just ignore it.

(I thought we were trying to discuss some serious issues here)
I am discussing very serious issues indeed. Namely, the corruption and obvious conflict of interest of BitcoinCore and Blockstream.

However I have no idea what are you discussing.
68  Bitcoin / Development & Technical Discussion / Re: Wondering out loud: Which should Chinese miners support - Core, Classic or another? on: January 29, 2016, 02:44:53 PM
@eric@haobtc

The most important and wise thing for you and all the chinese miners to do is to completely leave Bitcoin Core.

Even if Bitcoin Core agrees to 2MB, still:
- They are broken & corrupt with power,
- They think they always know everything better,
- They don't give a fuck (no, really) about what the users want
- They (most probably) use censorship to force their view on users

Whether Core can compromise or not, they just need to go. Such corrupt, insane & power-hungry people cannot steer Bitcoin into success.

Want proof ? Just check Adam Back's (Blockstream's President) twitter profile. The guy thinks he actually invented Bitcoin ! If that is not insanity, I don't know what is.

EDIT:
Here, archived for posterity:

69  Bitcoin / Development & Technical Discussion / Re: Wondering out loud: Which should Chinese miners support - Core, Classic or another? on: January 29, 2016, 02:38:36 PM
Well - it seems we have another group of people that do not understand how things work in China.

You can move money instantly for basically zero fees here (and have been able to do that for years).

So Bitcoin simply cannot compete with that - why do you think it can?

(do you not bother to check on these things or you just think China is the same as the US?)

The only thing that Bitcoin offers Chinese (apart from perhaps a store of value if they care to gamble on it) is the ability to move funds overseas which their government would very much like to stop.

You even talking to me ?

I am not sure, because you are completely not on topic.
70  Bitcoin / Development & Technical Discussion / Re: Wondering out loud: Which should Chinese miners support - Core, Classic or another? on: January 29, 2016, 02:31:01 PM
The perceive benefit varies. For some, it is that Bitcoin will continue to function as a payment network for individual users rather than a settlement network where only large transactions can be processed cost-efficiently. It is a modest change. It introduces less complexity. It gives SigWit more time.
Also, some believe that it is a test of Core team's willingness to listen to them. If they don't make what appears to be a small compromise, the Chinese fear that they will unlikely to do so in the future.
Core will not compromise. They think they are goddamn geniuses who know what's better for everyone.

They are very much like the totalitarian government you have in you country. Including censorship.

I cannot prove that it is Blockstream that organized the censorship thing, but it is highly likely (99% probability for me).

Just think for a minute about what future you will have with Core team. They don't even care about your view. They don't give a fuck about your profits. They only care about their business model.
71  Bitcoin / Development & Technical Discussion / Re: Wondering out loud: Which should Chinese miners support - Core, Classic or another? on: January 29, 2016, 09:27:35 AM
Go back whining on reddit, or vote on consider.it.

Bitcoin's sound money and security attributes comes first.

Gmax explanation is thoughtful, Core devs does not have the power, nor the will, to force contentious hardfork and break bitcoin's consensus rule.

That is all, there is nothing you or anyone can do about it.

Sorry your head got brainwashed by the full of shit socialist mainstreameries.
I will not even waste my time discussing here with you.

People like you will be made obsolete when the hard fork comes. And it will come as soon as the networks starts really congesting.

This platform completely sucks for discussion anyway, this is why I don't even come here anymore. Also, this forum is censored - the same as /r/bitcoin - by the small block supporters of which gmaxwell himself is.
Oh, and by the way, he also condones the censorship.
72  Bitcoin / Development & Technical Discussion / Re: Wondering out loud: Which should Chinese miners support - Core, Classic or another? on: January 29, 2016, 07:38:07 AM
Quote from: gmaxwell
And by support and development contract.  Private sidechains can offer functionality that a global decentralized system cannot directly for fundamental reasons-- e.g. instantaneous transactions, not just thing they don't offer yet (like CT or smarter smart contracts); they're just a different trade-off.  

Regardless of what you think of crowding-- an increase in the blocksize does not guarantee its avoidance, as miners are free to impose further restrictions; and a single person with a while loop could produce unbounded amounts of 'load'. Even if I don't expect them to do so, or at least not often, they can and that's always a risk at any (plausible) size.

The kinds of block size increase that even people aggressively in factor of block size increases believe might be viable in the Bitcoin network are fairly modest, e.g. classic and "2 MB", which, as mentioned is pretty close to the proposed segwit capacity.  By contrast, a private system used between businesses, could run arbitrarily large assuming all its participants were willing and able to invest in the cluster computers and expensive bandwidth required at _every_ node. Oh the benefits of not being a permission-less decentralized system.  The space of possible systems which don't require the other benefits of a private system, don't require the benefits of a decentralized public system, and would not work in bitcoin now but would with the kind of realistically small blocksize increase, and would choose to do so.. is pretty narrow-- and isn't something that we've ever considered in business discussions.  More philosophically, the bitcoin blockchain is a precious global shared public resource with huge externalized costs that fall to all future users; it's good stewardship to not cram things that don't need to be in it, into it regardless of what the limits are.

For added color: I've never heard a prospective customer say something like "X TPS won't work but 8*x TPS will work"; they do say things like "X TPS works now, but we might need 100000*X TPS on short notice, can we have that with absolute confidence if we're willing to pour money at it?"  And that latter question can never be true when your only mechanism is dumping all your data into a in a worldwide _shared_ decentralized flooding system run by third parties whos costs you don't pay. So if then also we also avoid huge businesses setting themselves up for failure with the expectation of the 100000 fold increase peak loads that the system couldn't possibly take without a decentralization killing blocksize-bailout, I think that is good too.

But also, hold up a minute. I think we're both playing along with Mike Hearn's claim that it's all _me_ saying, or the techies (or blockstream) alone, saying that HF's are dangerous in principle  and/or that block-size matters. It's not (go check out those bitcoinocracy links-- or Jon Matonis, for an example)... and it's also not our choice (except as people who own Bitcoin, and in our individual capacity to decide what efforts we'll volunteer time on). I get targeted because I've stepped up and drawn fire so that other people can get some work done.

I'm sorry for taking things so off-topic here. This is a tangent, and I wouldn't have gone down it. But people from Bitcoin Core who were on a phone call with some Chinese miners last week told me that some of these claims about Blockstream came up multiple times.  Even if it took a "happily biased" poster here to call them out, I think some people were thinking about them and I think it's better to have addressed them head on. I hope we can talk some about actual business needs in later posts.
So essentially you are selling fee-based private sidechains with customer support ?

And limiting main Bitcoin chain in order to force customers onto your sidechains ?

Wasn't Blockstream supposed to have no conflict of interest with Bitcoin ?

Man, you BS guys all are so full of shit. This will not go unnoticed.
   
73  Bitcoin / Development & Technical Discussion / Re: [UPDATE: 2015-05-10] Bitcoin Core soft-fork "No Forced TX Fee" v0.10.1 available on: July 13, 2015, 10:30:11 PM
Are there any binary downloads for this?
Nope. And not planned, really.

If you want to compile/build it, check this out:
Ubuntu:
http://bitzuma.com/posts/compile-bitcoin-core-from-source-on-ubuntu/

Windows:
https://bitcointalk.org/index.php?topic=149479.0

My version builds exactly the same way as normal version, so these instructions should work.

EDIT:
Also, because of latest transaction spam attacks, i would advise against using this fork anymore. I am actually updating it because I do not want to forget and lose this code. So kind of for historical reasons.
74  Economy / Goods / Re: NEW! Anon VCC VBA SIM cards | Anonymous Reloadable Visa Cards+IBAN bank account on: July 12, 2015, 03:26:02 PM
Biz is a good seller,

On the other hand; for me the cards don't work.
I bought 10 EUR cards, uploaded money on them just through bank transfer.
Even before I could withdraw money from an ATM all the cards got blocked.
This is because of banks' crazy-ass AML procedures (suspicious activity !).

The banks have gone really mad in the last 2 years. You cannot do anything about it, if you transfer money to the cards from another country few times, any card may be blocked. I had multiple cards blocked before, now I am more careful.

I suggest to use LocalBitcoins to purchase and transfer local currency (such as PLN) to the cards, so you don't have to make an international transfer.
75  Economy / Goods / Re: NEW! Anon VCC VBA SIM cards | Anonymous Reloadable Visa Cards+IBAN bank account on: July 11, 2015, 01:23:41 PM
I confirm that this is a trustworthy seller. Purchased some cards few days ago, all went smoothly Smiley
76  Bitcoin / Development & Technical Discussion / Re: [UPDATE: 2015-05-10] Bitcoin Core soft-fork "No Forced TX Fee" v0.10.1 available on: May 11, 2015, 06:20:45 AM
Would this fork still be needed if/when the block size changes?
As stated in the first post, probably not.

Also, the fee calculation algorithm drastically changed in 0.10, so it may be needed much less than before. I am going to do some testing Soon™ to check what exactly are the current benefits of using it. If there is very little difference between Core and this then I may stop supporting this patch.
77  Bitcoin / Development & Technical Discussion / [UPDATE: 2015-05-10] Bitcoin Core soft-fork "No Forced TX Fee" v0.10.1 available on: May 10, 2015, 09:30:17 AM
2015-05-10 Update:

NFTF - versions 0.10.0 & 0.10.1 released.

Fresh tags - nftf-v0.10.0, nftf-v0.10.1 are avaiable for download.
https://github.com/ShadowOfHarbringer/bitcoin-nftf/tags
https://github.com/ShadowOfHarbringer/bitcoin-nftf/archive/nftf-v0.10.1.tar.gz
https://github.com/ShadowOfHarbringer/bitcoin-nftf/archive/nftf-v0.10.0.tar.gz

MASTER branch was updated to the newest tag (0.10.1).
78  Economy / Economics / Re: Inflation-based economy is a SCAM perpetuated by banks & ruling elites on: February 26, 2015, 12:16:30 PM
No, it is not a scam. Interest and fractional reserve banking is a scam.
This
If people continuously dig out more gold than trade-able goods, then inflation is also possible

For that to happen, the total % increase of gold digged out of the ground would have to be bigger than total % increase of goods & services in the economy.

It is possible, but not very probably.
79  Economy / Economics / Re: Inflation-based economy is a SCAM perpetuated by banks & ruling elites on: February 23, 2015, 12:02:31 PM
It has already been established long time ago (welcome Great Depression) that deflation overall is by far more damaging to the economy than small-to-medium inflation.
Actually this is blatantly false.

Deflation is only deadly to inflation-based economy, which should be kind of obvious. If you base the foundation of your economy on never ending supply of money created by governments & banks, then deflation (as in decrease in the money supply) WILL be deadly. No suprise here, really.

Human economy has been based on deflation for the first few thousand years as all resources (including gold, silver, diamonds and other precious things) are finite and cannot be created on demand. Only the last century is truly inflationary.
You forget to mention that the first few thousand years you mention human population didn't grow as it grew the last two hundred years.
Why and how population grew is another discussion for another time, you are messing with things that are not related to this discussion.

Just in case, deflation means decrease in prices. What you meant to say is correctly called contraction of money supply.
By "deflation" i meant decrease in prices caused by scarce money / goods supply.

Deflationary economy can last only as long as scientific innovations allow producers to keep their profits on par, i.e. counteract declining prices by increasing productivity (what had been happening through the 19th century).
So productivity and inventions stopped/slowed down in XIX century ? Did the industrial revolution stop at the beginning of XX century ?
That is so stupid that I will not even take you seriously from now on.
80  Economy / Economics / Re: Inflation-based economy is a SCAM perpetuated by banks & ruling elites on: February 23, 2015, 11:11:10 AM
It has already been established long time ago (welcome Great Depression) that deflation overall is by far more damaging to the economy than small-to-medium inflation.
Actually this is blatantly false.

Deflation is only deadly to inflation-based economy, which should be kind of obvious. If you base the foundation of your economy on never ending supply of money created by governments & banks, then deflation (as in decrease in the money supply) WILL be deadly. No suprise here, really.

Human economy has been based on deflation for the first few thousand years as all resources (including gold, silver, diamonds and other precious things) are finite and cannot be created on demand. Only the last century is truly inflationary.
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