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I agree there is no need for rudeness. Be kind to the new ones.
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It reached the highest price for now. I predict a 3 USD down very soon.
I thought that at 3 USD.. 4.. 5..6..7... |
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Bah their prez ran to the Euro like a little bitch begging for a loan telling them he would do ANYTHING right after they voted no. He doens't have the balls to do anything but suck the D's of the germans in hopes of getting another loan.
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apologizes  , was just wondering why it hadn't been done, IE what are the negatives of implementing a POS peroid You'd need to hard fork.. that is not taken lightly, you'd change the supply a HUGE change... not many ppl would like that at all. Don't take the aggression personally eh! |
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rofl was just a suggestion, how does it make me a greedy person?
You want to change the code for the sole reason to make money........................................ |
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Holy shit.. this coin is exploding...
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why dont the devs of LTC simply change the code to allow for POS, surely this would push the price up eve further
How would it push the price up? |
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Politicians aka legalized criminals ignore facts until the get utterly fucking shit stomped by them.
See rome and every other civilzation, we will not be different.
Futhermore the average person would stop wipping their ass if Obama told them to. Everyone just believes whatever their leaders say... the can can be kicked for a long time.. the parade marched right at a cliff.. eventually that cliff comes and the parade just walks right off of it.
Everything will keep going EXACTLY the way it is until one day.. boom.
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It's like I am reading a future article about the American stock market..
Faltering ecom... massive gains in stocks.. everyone should of seen it coming...
It's like EXACTLY THE SAME FUCKING THING.....
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Technical difficulties my a**. It's clearly the fear. China is falling, Europe is falling,.. not a great day for trading..... unless you trade Bitcoin, of course  Actually it probably is a technical issue. The NYSE already has a process called "the curbs" that halt trading if the market falls more than 5% (could be less). It's meant to prevent a crash like what happened in 1929, so the market cannot just fall to zero or lose significant value (broadly) in a single day. The curbs were in the day of 9/11 for example and other dates that have caused negative turmoil to the markets. I doubt they'd create some fake issue when they already have a regular process in place to address these issues. LMAO I just cannot help but laugh about that 5% stop.. free market BAHAHAH no it's not. Where is the stop if it skyrockets 5% OH THERE IS NOT ONE.. fucking money pigs man.. such fucking pigs. Still not completely against this isn't the start of a cyber war.. American airlines shutdown... NSYE... testing out their weapons perhaps.. |
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Pretty sure you are 100% okay until you sell it for $$$.
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It's an attack at this point guys... We need to do something.. increasing the block size is not the right path. Dynamic fees IMO are the way.
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Not sure but it does look pretty freaking cool.  |
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Perhaps we tie the fees to unconfirmed tx.. The more there are the higher the cost. Want to spam the network when it's got 100k uncofirmed, $10 bucks a transaction, 200k, $50, 500k, $100.
Break the bastards by making miners rich.
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What happens when someone decides to spam the network with large fees? What if someone figures out a fee that is large enough to be considered high priority and has enough money just to keep spamming the network? Does that mean that in order to get my transaction confirmed I have to pay an even higher fee? That could be an attack on the network where someone could either drive up fees, prevent anyone else's transactions through their high fee spam, or make it too cost prohibitive to use Bitcoin at all.
If it costs you 10k every 10min to spam the network.. have fun bro lets see how long you can burn money. If you are a government, you have tons of money at your disposal. They can just keep burning money. Even better, if a miner is doing it, he can just keep recycling the same Bitcoin and do it over again. Your populs is going to get pretty pissed you're burning money for no reason. Not true unless they have 51% of the mining network and at that point there are other issues. Other miners will take those BTC from them via fees. |
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What happens when someone decides to spam the network with large fees? What if someone figures out a fee that is large enough to be considered high priority and has enough money just to keep spamming the network? Does that mean that in order to get my transaction confirmed I have to pay an even higher fee? That could be an attack on the network where someone could either drive up fees, prevent anyone else's transactions through their high fee spam, or make it too cost prohibitive to use Bitcoin at all.
If it costs you 10k every 10min to spam the network.. have fun bro lets see how long you can burn money. |
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This isn't a stress test anymore boys it's an attack to convice us to fork.
Gavins plan is just way to aggressive.
I would agree to a doubling every 4 years to ensure the hardware advances well faster than the chain.
The plan can be changed is the hardware doesn't keep up. It is important to ensure the network keeps up with the transaction volume assuming Bitcoin continues to go mainstream. If the doubling ins't needed or isn't possible then I am confident it can be delayed. We can't be hard forking every other month man.. |
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Block size increase is obviously required. One of the appeals of bitcoin is fast transactions and low transaction fees, so it wouldn't make sense to have to pay higher just to get transactions confirmed faster.
Correct you dont want new comers to actually experience this type of event because they could feel a bit overwhelm yes cost will still be low but no everyone would be able to to have a full bitcoin experience is their transactions are taking 3 to 8 hours to confirm, an obvious bigger blog would needed in order to overcome possible transaction traffic and a normal bitcoin experience. I actually had a few people ask me if bitcoin was broken because their transactions where pending for hours. If the blockchain jumps to 1TB by 2018, Bitcoin as we know it dies and JPmorgancoin will be born from the ashes. No thx. |
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Sending BTC for a small fee currently takes hours.
My issue with the 8MB blocksize however is with cheap fees what stops someone from just spamming the shit out of it at 8mb.. 16.. 32.. etc.. Which would cause huge problems for nodes.. at 32mb the blockchain would explode in size if it was being spammed constantly. Even 8 would bloat it pretty quick. Thus not really solving the problem at all...
I think this proves just jumping to 20mB blocks could be quite damaging as a 200gig Blockchain would decimate decentralization.
Anyone have any other ideas on fixing this issue? I currently do not... :S..
Perhaps the answer is keep it at 1mB blocks.. and it costs a decent amount to send BTC as it is the most secure network on the planet... so it would be used to move large amounts of wealth and store large amounts of wealth. Something like bitshares or altcoins would be spending currency..
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