But don't you think that Bitcoin has its own particular brand of assholes?  Just a little bit more egregious than common assholes.

Why is it that the Bitcoin community is full of these people?  Every imaginable way of stealing, cheating and scamming is done on the blockchain.  Every imaginable scam is being deployed in conjunction with Bitcoin.  People going to jail left and right.  How did it come to be that Bitcoin people are so damn dishonorable?  Will that ever change?

This community is poisoned.

It is insane that a single guy managed to get so much power.  So much for 'decentralizaion'.  It doesn't exist in actuality.  Besides the fact that GMax is a punk bitch pushing his own altcoin onto the bitcoin blockchain.

SegWit is an altcoin.  LN is an altcoin. 
These are not Bitcoin!

It already 'gave'.  VCs have pick up their interest and left.  Entrepreneur CEOs of many companies have shut the door and quit.  It is impossible to pursue so many of the interesting commercial uses of bitcoin so long as Blockstream/Core continues their stranglehold on the protocol to artificially create demand for side chains. 

So many people are long gone.  Yet the morons keep looking at the price to determine bitcoin is healthy.  The price is set by a bunch of silly speculators in China and a strong motivation for capital flight from an oppressive government - it has nothing at all to do with the health of the network.

That is not true.  Even a linear line with slope zero is 'exponential' - the exponent being 0.  'exponential' is a bullshit term that is overused.  Basically, everything is 'exponential'. 

True fact.

You only have to worry if Core gets their way and tricks morons into accepting SegWit

Sorry - you are out of money now.  Get some more.    However, you should be very happy your lesson on change addresses only cost you .0049.  I can tell you I suffered more than 10 times as much damage learning about change address and I consider myself lucky in view of the mistakes others have made!!!  BIG time losses have occurred here.  You are the big winner if your lesson only cost .0049.

Nope.  The Chinese government isn't helping miners with 'hidden subsidies', the government doesn't actually like bitcoin or miners.  However, it is easy to steal electricity in China and Chinese people have no morals at all.  So, burning up tons of coal and killing the little pink lungs of your neighbor's children to make a few trinkets in magic internet money doesn't really bother them.  It's a dog-eat-dog world, and let me tell you they do.  They even eat Raw Dog.  The fuckers are disgusting.

Write as many outputs as you like, but when they all add up, they should add up to an amount slightly less than the inputs.  The difference is the fee and goes to the miners.  So, send yourself an output too! 

Because they believe their bitcoin which lies behind some pretty reasonably good encryption is protected.  Go ahead, see if you can get mine: 1FpqQnKQCgDkJFMC94JL8FpRyHTZ3uRVZ1  I am betting on the system to win this battle.

Maxwell does not have commit access anymore the last time I've checked.[/quote]

Very clever you Blockstream guys are!  hahahahha.  You don't think that we all understand that his puppets do?  Do you really think we are fooled by such clever devices and tricks for fools?  

bitpop is stupid as a lunk of clay.  Don't expect him to present anything other than garbage.

When the community lets a profit motivated group decide major issues - clearly we are not going to get a good result.  Blockstream/Maxwell/Core are corrupt and do not go forward with a view to making the best network.  They go forward with a view to recouping their investors money.  This is fucking up Bitcoin big time. 

We have to abandon the notion that 8MB will irreparably harm the network.  Staying at 1MB only has one purpose and that is to force and early LN whereby Blockstream investors start to generate their returns. 

Every member of the community should resist this effort.  We can still build a fantastic LN.  Take our time doing it.  Make it awesome.  But, we can't let an investor group cripple the network at 1MB just so they get an early adoption before LN is truly ready. 

Go to 8MB now.  Fees go back down to .0001  Keep building LN until it is fantastic.  revoke Maxwell's commit access as he has shown himself to be corrupt. 

This is very true.  Our team is working on an application where the value transferred is about $2.  Think coffee.  .35 is WAY too high of fee, but neither side wants to 'open a payment' channel.  The payment is one time - and there is no further relationship between these parties.  This is a VERY big area.  Settlement and Micropayments is not the entire story.  These mid-size payments between about $.50 and $20 are being totally abandon by the LN strategy which works great when two parties want to 'deal' all week with multiple transactions like a bar tab.  But transactions which are one time payments are fucked even if LN works perfectly.  

Run with 8MB blocks and see if the network starts to show signs of suffering.  It can be put back to 1MB if we observe adverse effects.  If not, we are in very good shape to move ahead.  The only people who are screwed are the LN profiteers (otherwise known as Blockstream investors).  LN scientists can keep working away without interruption.  8MB doesn't slow them down one bit.  Only the LN investors need to force demand at an early date.  Let Joe Poontang go work till his fingers fall off.  I hope he builds a great system.  LN scientists will be totally fine.  Only LN investors are fucked if we go to 8MB today.  

LN investors do not have the same objectives in mind as LN creators.  Please keep this in mind at all times.

LN creators want to solve a scaling problem.  LN investor want to make money today. 
LN creators are not hindered one bit by large blocks.  LN investors need to force demand for the system at an early date to realize return on their investment. 

Thank you.  Yeah, I like to have a very detailed understanding of things before giving an opinion.  I hate it when dumbasses talk all day long without knowing what they are saying.  Fucking pisses me off.  Right off.

The real solution is very simple.  Use 8MB blocks for now while they continue for 3 years to get LN working right.  If 8MB actually tends to centralization, go back down to 2MB or 1MB.  If not, keep 8MB and turn LN on when it is bulletproof and free. 

But this totally fucks up Blockstream's plan to profitize the off chain activity.  So, you will hear every imaginable argument about how dangerous 8MB is.  There is nothing corrupt about going from 8MB back down to 1MB.  It's been done before.  Let's go to 8MB and see if things really move to centralization as Blockstream alleges.  We are allowed to put it back to 1MB. 

But you will never see this strategy actually unfold.  That is because Maxwell is trying to create demand for an off chain system that can be privatized.  He knows if we go to 8MB today, nothing bad will happen and there will be far less need for off chain systems for many years. 


It is a fucking scam people.  A fucking scam propagated by just a few people.  8MB will not harm the network, will allow it to grow nicely, will allow time to get a beautiful LN working.  But it will also put Blockstream investors at the back of the queue. 

Not going to 8MB is just for one reason - to protect the Blockstream investors.  They are very good at convincing China miner to go along.  Which is funny because LN is a system specifically designed to shift fees away from miners and into proprietary systems.

Stop sucking the Blockstream dick and get some balls and run BU.

That's a little too gay dude.  The 'seriously' part really creeps me out.

lol - if they did that, they wouldn't be core supporters and there would be nothing to argue about here.

Every 4 years, a US president leaves and lets a whole bunch of people out of jail by decree.  Obama let out FAR, FAR more than any other president.  Well over 1,500!  Guess who was not on the list?  That's right Ross Ulbricht of Bitcoin fame.  Since Trump isn't letting anyone out of jail unless they are his friends, Ulbricht doesn't stand a chance for another 8 years at least!  Probably 12 more years before even being considered.  That sucks.  Obama could have let him out.  One strike of the pen- he would be free.  It is over for him now.  Over. 

Not true.  There is absolutely no need for LN if we have 8MB blocks.  That is why Blockstream tries to convince everyone that centralization will come if we go to larger blocks.  They desperately need some reasoning to force the congestion so there will be demand for their stupid solution which is totally unneeded in a world where blocks are 8MB.