Bitcoin Forum
October 29, 2020, 11:48:50 PM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 [14] 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 »
261  Economy / Speculation / Re: Shall we start selling all of our Bitcoins fast? on: August 17, 2015, 05:16:02 PM


Clearly, since there is no consensus, there will be demand.

Yes, demand for Litecoin Smiley
262  Bitcoin / Bitcoin Discussion / Re: An ongoing debate is threatening to tear bitcoin in two on: August 17, 2015, 04:29:06 PM
Lol, i think imma gonna dump some a little sooner maybe?
This is gonna be the echo of the media: "division, confusion, risk, uncertainty, doubt"

edit: i go more heavy LTC, XPM, DOGE, NXT, UNO, XRP and some others probably. They will come out the winner in this shit.
263  Economy / Speculation / Re: If bitcoin forks to XT, the price will start declining on: August 17, 2015, 03:46:47 PM
There's little chance that the eventual forking will have impact on the price, and i believe that (atleast for a certain period of time) it will be negative one.
The main reason for my concern is the timeframe between the time that XT activates, and >1mb block makes chains different, and the time services and exchanges
find a solution to this issue.

I know i'd dump on Gavincoin adoption. And i mean take a dump on the market like never before and not buying back in later. I know others would too so i think a meltdown is a safe bet upon Gavincoin adoption which i think is unlikely.

But i am watching the situation closely and i will make sure to dump my coins before xt nodes ever reach 75%. I honestly don't think it'll happen though. I think Gavin and Mike are clowns and epic failures.
264  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [XJO] Joulecoin | SHA256 | Transaction comments | First SHA256 data coin on: August 17, 2015, 03:03:50 PM
What is the potential whit this coin ?

Very fast txs, old and estabilshed product, very much underrated (smooth and fair launch, probably no scam to be uncovered here due to age - so less risky of an investement from my standpoint. This coin is consolidated.). I think people buying Joule right now are not like people following the crowd. More like smart money who sees joule as under value like i do.
For this low cap network is incredibly healthy - and it's very, very fast txs but STILL a slim blockchain. I think it's underrated a great deal. Hope the halving will bring us into a good uptrend. Joule is good for use of real world application down the road imo. It just needs to grow userbase a little more.

So, yes investing is risky, but i think there is potential for something more than it is now.

First ever halving for XJO to come up. We'll see how market will react to that less supply during coming months.
265  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CorgiCoin (CORG) - Come strut with us! Now on CoinedUp! on: August 17, 2015, 02:54:17 PM
Ideas so far

Fork corgi
Reduce block rewards
Create a new wallet with features
Setup a new Ann page
More nodes
Bounties
Dice,cards etc
Get corgi added to Cryptopia tipping function and other faucets
Social media sites/tipping
Keep existing logo
Also a much more serious idea incorporating nfc tech

Many ideas already flowing.

If anyone can help with these suggestions then please come forward.

Thank you







No, you don't need to fork it or mess with the rewards. If we fork we'll only fork for an implementation on merged mining with doge, not for some unnecessary bullshit. Everything else are good suggestions.

Great to see some activity here again!

We probably need more pools and some buysupport as a start ... getting it on more pools will help a great deal. Right now people can probably even still solomine it.
266  Bitcoin / Bitcoin Discussion / Re: Why Gavin is so desperate about his fork? Is he hiding something? on: August 17, 2015, 02:38:56 PM

Perfect example of the IQ of these BitcoinXT bashers.




Congratulations, you reached the bottom:

267  Bitcoin / Bitcoin Discussion / Re: Node votes-by-user-agent are, in principle, pretty much useless on: August 17, 2015, 02:34:32 PM
Certainly it's gonna trigger prematurely if it ever does. The low 75% mark will just make sure it'll come out 50/50. lol. Madness.
268  Bitcoin / Bitcoin Discussion / Re: how did you fools let Mike Hearn in? on: August 17, 2015, 02:19:21 PM
But really are bigger blocks the only solution? I do not understand the problem very much.

Bigger blocks are a really bad 'solution' ... actually no real solution as there will be massive tradeoffs with security and privacy.
I personally believe there must be other ways found than raising blocksize for that much.
Probably these eggheads just need to work out something new?
269  Bitcoin / Bitcoin Discussion / Re: List of reasons we do not need bigger block sizes on: August 17, 2015, 02:14:24 PM


I meant with user adoption, in the future, eventually there will be much more transactions on the network, they should occur on chain, at least for people who prefer that way, people should not be forced to use some centralized service because it becomes too expensive to transact on-chain.

Well, RIGHT NOW it's FREE to send coins around and blocks aren't even half full so i have NO IDEA WTF you're even on about.
The future is the future. How do you know for certain these txs will occure? How can you be so sure about it? Do you have magical abilities to know this? What happens in the future in case your predictions of it are wrong? Please elaborate on that scenario.
270  Bitcoin / Bitcoin Discussion / Re: how did you fools let Mike Hearn in? on: August 17, 2015, 02:07:10 PM
The most powerful person in Bitcoin by far (alert key holder, forum admin, bitcoin.org controller, /r/bitcoin admin) has spoken on the matter.

https://www.reddit.com/r/Bitcoin/comments/3h9cq4/its_time_for_a_break_about_the_recent_mess/

and it backfired him badly. When will this retard realize hes distanced himself from the community?


I think he's doing the best he can and you make the impression of a new Gavincoin-shill.
271  Bitcoin / Bitcoin Discussion / Re: List of reasons we do not need bigger block sizes on: August 17, 2015, 02:03:45 PM
"We need transaction fees to go up, and the only thing that will force them up is the blocksize limit."

We don't need fees to go up, cheap transactions is one of the major points of using bitcoin.

This is an argument for increasing the block size.



Tradeoff with accessibility issue ... would you rather let everyone pay 5 cent for a tx or would you rather exclude half the planet from using it?

And who is mining for free? Raising max txs ahead of demand will weaken the network in the future aswell as exclude billions of users and push centralisation.

Arguing for a contentious hardfork, hostile takeover of btc by Gavin/Mike and all that is really a lost cause...

Then we need to increase transactions on-chain to generate more fee revenue, not the other way around, off-chain transactions are the centralized ones, unless you have a real proposal for decentralized off-chain transactions...

If users choose XT, XT it is!

And because of bitcoin network nature changes need to be planed way ahead.

YOU don't CREATE transactions. They occure or they don't. Bloating the chain won't make more txs magically appear - well, maybe spam and dust-junk increases. But when you want a bloated chain full of junk, why would you want to tarnish bitcoin for that?  

Increased spam and junk is not genuine growth.
272  Bitcoin / Bitcoin Discussion / Re: List of reasons we do not need bigger block sizes on: August 17, 2015, 01:29:28 PM
"We need transaction fees to go up, and the only thing that will force them up is the blocksize limit."

We don't need fees to go up, cheap transactions is one of the major points of using bitcoin.

This is an argument for increasing the block size.



Tradeoff with accessibility issue ... would you rather let everyone pay 5 cent for a tx or would you rather exclude half the planet from using it?

And who is mining for free? Raising max txs ahead of demand will weaken the network in the future aswell as exclude billions of users and push centralisation.

Arguing for a contentious hardfork, hostile takeover of btc by Gavin/Mike and all that is really a lost cause...
273  Bitcoin / Bitcoin Discussion / Re: how did you fools let Mike Hearn in? on: August 17, 2015, 01:20:39 PM
how  Huh and why do you continue to do so?



exactly, +1

sheep, fools ... the dancing, singing crap of the world ... people with no spine and brain keep talking and supporting of Gavin and/or Mike. These guys need to be ignored 101%
274  Bitcoin / Bitcoin Discussion / Re: The future of Bitcoin on: August 17, 2015, 01:18:20 PM
Okay, so I'm confused with the whole thing of Bitcoin XT, ok, the current blocks are 1MB and Bitcoin XT's are 8MB, is that the whole fork?
And if Bitcoin Core suddenly accepts the idea and starts supporting 8MB blocks, so what will be the difference between XT and Core? nothing? will the price be sky high then?

Please explain to me, I tried to read but I don't really get the entire picture.


Thanks in advance.

Why would price rise from bigger blocks? Won't happen. The opposite would happen. It's best to ignore XT (aka Gavincoin).
275  Bitcoin / Bitcoin Discussion / Re: List of reasons we do not need bigger block sizes on: August 17, 2015, 01:03:29 PM
Great summary OP.

The next thing is:
Increasing blocksize will also make BTC inaccessible to half of the world - especially the unbanked in developing countries (all of africa, most of south america, most of asia, most of pacific region) due to bandwidth.

... and bigger blocks lead to more centralisation... not even talking about the risks of a meltdown in marketcap in case of a controversial hardfork ...

It's really all not even rational... and i tell you right now: it's not about bigger blocks; it's about a hostile takeover

This whole blocksize-increase-debate is irrational at so many levels and in so many points. Why is bloating the chain ad infinitum even an option for longterm growth? The chain is already so large most people don't download it and downloading the chain is a major hurdle for people to enter the btc ecosystem. Why even raise the bar for people for adoption ahead of demand like you point out?
All this is not rational and because it's not rational we know it's not about the tps or blocksize, it's about getting people to accept their alternative xt client to take over bitcoin entirely. Basically the blocksize drama is an attack on bitcoin by Gavin and Mike.

They thought people were stupid and would go along but their populism campaign in social media failed (though they are still trying hard). It's politics, not technics.
276  Bitcoin / Bitcoin Discussion / Re: Core developers: we want bigger blocks on: August 17, 2015, 12:43:09 PM
I don't want bigger blocks. The consensus does not want bigger blocks.

As block rewards drop to zero transaction fees will be the only thing left to pay miners to secure and run the network. Increasing block size jeopardizes this important mechanism.


You are one of a very select few group of people that do not believe larger block size increases are needed.

We aren't only 'a select few' ... could be easily be a majority.

All of the people who think "don't fix what isn't broken" (which is wisdom) are against an increase at this point in time.

I think the discussion is manipulated by the xt shills who try to appear like a majority when they are a minority that just posts a lot more. Probably some of these xt shills are on some bank or governments payroll.
277  Bitcoin / Bitcoin Discussion / Re: Why Gavin is so desperate about his fork? Is he hiding something? on: August 17, 2015, 12:30:47 PM
Since this XT drama began, I was wondering about Gavins desperate efford to force bigger blocksize, even after he obv. realized, that there is a strong resistance against this fork. I mean, he could have simply stepped back and wait for the right time to come up with his idea again. When the current blocksize really turns out to be problematic, then he would have a majority and a consensus.
 
Instead he is knowingly dividing/weakening the Bitcoin community (incl. himself) for his idea.

This behaviour doesn't seem appropriate to me. Is there something more behind it, than just a larger blocksize?

It's not about blocksize, it's about taking it over of course.
278  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Corgi community foundation on: August 17, 2015, 03:46:37 AM
Moon the corgi biatch!

If you can get merged mining with dogecoin implemented we'll get much more fireworks Wink
279  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin XT Status Update on: August 17, 2015, 03:00:28 AM
How far has bitcoin fallen that censorship is justified?

So you say that and in the same sentence support a censorship within Bitcoin (blacklisting)? You don't make any sense at all. You can't be anti-censorship and support XT at the same time.
280  Bitcoin / Bitcoin Discussion / Re: Where's the financial gain for Mike and Gavin coming from ? on: August 17, 2015, 12:57:15 AM
Anyone care to estimate what percentage of core developers are for this move and what percentage are against this move?


Only Mike and Gavin support it. Some core devs could compromise with the sockpuppet-duo while around 50% of core devs don't like the proposal at all. Because the Gavincoin proposal has so small support and no consensus they need to release their XT shitcoin outside of core in the first place. Do you think we would be subject to such a populist social media opinion-manipulation-campaign if Gavincoin was the goood shit or something? Gavincoin is an attack on bitcoin core for a hostile takeover, nothing more and nothing less. And everyone actually knows this including Mike and Gavin. Why do you think Gavin would submit no BIP until like only some weeks ago?

This is not the "blocksize debate" this is "the ego and penis size debate" for bitcoin...

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 [14] 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!