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1061  Other / Off-topic / Re: HAVE YOU STAYED AT "AUSCHWITZ" WHERE APPROX 1.1 MILLION JEWS GOT KILLED ? on: February 10, 2015, 07:52:29 PM
No, is it interesting?
It maybe interesting to some, uninteresting to others.
But one thing it is defiantly to everyone and it's main purpose of being preserved. A warning.
1062  Bitcoin / Bitcoin Discussion / Re: Bitcoin 20MB Fork on: February 10, 2015, 07:19:03 PM
Doesn't matter anyway. I'm going to release 250KB coin and blow everyone out the water. If 1MB is better than 20MB, then logic says 250KB must be better than 1MB, right?

Brace yourself, 0.5tps here we come...

1063  Bitcoin / Bitcoin Discussion / Re: Bitcoin 20MB Fork on: February 10, 2015, 06:39:06 PM
'bitcoin-legacy'

I like the way you've subconsciously described "mpcoin" as 'legacy'. It tends to suggest old, outdated, obsolete, defunct etc... Bit of a negative word in my opinion.

Maybe your subconscious is telling you something?
Just sayin.

Bitcoin has an impressive 'legacy'.  It succeeded in achieving things that I always considered theoretically possible but not very likely, but it could easily tumble into the abyss.  As a citizen of the United States of America I am keenly aware of such tragedies.

I also own the domain name 'bitcoin-legacy.org' and will happily give it away with no strings attached to a number of the people I know to be associated with Blockstream if they can make use of it.  The same offer might be extended to others if I can achieve a similar level of confidence in them that the likes of Maxwell and Wuille have earned over the years.

I own the domain because the threat of a hard-fork and the subsequent nearly inevitable subversion of Bitcoin have been realistic and ongoing threats for a long time.

Sorry I got that around the wrong way.

"Bitcoin legacy" sounds positive.
"Legacy bitcoin" sounds negative.

They do to me anyway.

1064  Bitcoin / Bitcoin Discussion / Re: Bitcoin 20MB Fork on: February 10, 2015, 06:05:02 PM
Fact : Mircea (and friends) will try to dump their Gavincoins and buy Mirceacoins
One thing I've learnt in life so far is what people tell you they are going to do, doesn't always align to what they actually do.
1065  Bitcoin / Bitcoin Discussion / Re: Bitcoin 20MB Fork on: February 10, 2015, 06:00:36 PM
'bitcoin-legacy'

I like the way you've subconsciously described "mpcoin" as 'legacy'. It tends to suggest old, outdated, obsolete, defunct etc... Bit of a negative word in my opinion.

Maybe your subconscious is telling you something?
Just sayin.
1066  Bitcoin / Bitcoin Discussion / Re: Bitcoin 20MB Fork on: February 10, 2015, 05:31:49 PM
There won't be any way. Why are you getting so crazy about it?
What that a question for me or someone else?
If it was me,  won't be any what? Crazy over what?
1067  Bitcoin / Bitcoin Discussion / Re: Bitcoin 20MB Fork on: February 10, 2015, 05:24:59 PM
Here's a question.
Say I had 10 coins in a single address. The fork happens and the network splits in two. I then send 1 coin to someone using a single 10 coin input. 1 coin output to the person and 9 coins output back in change.

Have I any way of knowing which chain the change will come back to me on?

If you send your old bitcoins to someone after the fork but without splitting them yourself, you will effectively give him both your MPcoins and your Gavincoins, because he will be able to broadcast the transaction on the other chain at any time.

When the war starts, you will have to either keep your coins, or split them by sending them back to you, mixed with newly minted satoshis.

Only after having split them you will be able to dump the one you value the less.

Yes I see now, your mixing in the fresh coins from only one chain so it will be rejected by the other.

1068  Bitcoin / Bitcoin Discussion / Re: Bitcoin 20MB Fork on: February 10, 2015, 04:26:27 PM
Here's a question.
Say I had 10 coins in a single address. The fork happens and the network splits in two. I then send 1 coin to someone using a single 10 coin input. 1 coin output to the person and 9 coins output back in change.

Have I any way of knowing which chain the change will come back to me on?
1069  Bitcoin / Bitcoin Discussion / Re: Bitcoin 20MB Fork on: February 10, 2015, 04:12:46 PM
If you had say 100 coins before the fork, afterwards you will have 100 in the 1MB chain and 100 coins in the 20MB chain.
They will be separate chains but not compatible. For example, I cannot send bitcoin to the litecoin chain they are incompatible.
It will not be trivial to end up with separately-spendable coins on both chains.

At first, every transaction broadcast on the 1MB network will be a valid transaction on the 20 MB network.

In fact, there would most likely be many nodes listening to both and intentionally relaying transactions from the 1 MB network to the 20 MB network to make sure they get included in both.

In order to double your coins, you need to get one transaction mined in the small chain and a conflicting transaction mined in the large chain.

It's a race with a low probability of success.

I see. The 1MB and 20MB nodes will still be connected, not separate. I don't like the sound of that.
I guess the bet would be just hold tight and not send anything till it all settles down.
1070  Bitcoin / Bitcoin Discussion / Re: Bitcoin 20MB Fork on: February 10, 2015, 04:00:01 PM
Guys i am trying to understand the whole thing, but please ELI5 how will be my coins, stored in paper wallets affected??? I will have to sell them and buy new coins on the new fork or i will be able to use my coins on both blockchains....? I don't get it  Huh If this is the case, that we will have to sell our coins and buy new ones, i don't want that....

Nope.  You don't have to do anything.  If there is a fork you would need to upgrade your client if/when you decide to spend coins.  That is about it.  Seeing how Gavin and the other developers moved forward with P2SH it won't happen until there is a super majority of support.

So coins will be usable in both forks if you use the proper client right?

do you mean like double spend the coins on both chains at the same time or just freedom to choose either chain ?

If you had say 100 coins before the fork, afterwards you will have 100 in the 1MB chain and 100 coins in the 20MB chain.
They will be separate chains but not compatible. For example, I cannot send bitcoin to the litecoin chain they are incompatible.
1071  Bitcoin / Bitcoin Technical Support / Re: My first bitcoin node on: February 09, 2015, 10:53:06 PM
Yeah give it a couple of days. Mine goes up to around 60.
I have heard that too many connections is bad for the network. Not sure how much truth is in this.
1072  Bitcoin / Bitcoin Discussion / Re: Prematurely changing the 1MB transaction supply is a great idea ... on: February 09, 2015, 08:13:26 PM
If we end up leaving the decision too late and the transactions start stacking up with no sign of the stack reducing, we will be in a crisis.
In a crisis situation, panic decisions could made which may not be the best solution.
I think we should take our time, and plan according whilst we are not in a crisis. In other words, now.
1073  Other / Off-topic / Re: HAVE YOU STAYED AT "AUSCHWITZ" WHERE APPROX 1.1 MILLION JEWS GOT KILLED ? on: February 09, 2015, 08:02:53 PM
People were treated like animals. He had killed almost 2/3rd of jews. What do you think about this ?
The same as every other human with an ounce of humanity inside them.
1074  Other / Off-topic / Re: What Browser You Use on: February 09, 2015, 07:59:13 PM
You missed out Chromium on the poll.
And no, before someone says it, it isn't the same as Chrome.
1075  Economy / Speculation / Re: Bitcoin better had not go below $50 on: February 09, 2015, 07:56:13 PM
How the hell can it drop any further
Easier than you think.
1076  Bitcoin / Bitcoin Discussion / Re: Bitcoin 20MB Fork on: February 09, 2015, 06:35:59 PM
Well I don't think there's any need for that.
Sure, pulling numbers and guesstimates out of your ass, that's much easier.
Just quoted D&T, don't blame me. If you disagree with him then I suggest you challenge him directly.


tl;dr: MPEx worked. That is where the money is.
MP et al. saved his investors and some of us eejits from Pirate, Gox, Stamp, Ethereum, GAW, the lot of them...
Then he put his foot down again, and said Gavin, bitcoin core, Vessenes, the phoundation all that crap too is a scam, a United fucking Soviet fucking States fucking Government scam.
And it shall not pass.
Whatever 'we the community' think or want, he can outspend us, and he will if he needs to.
So let's all stop twittering as if our say mattered; get our heads down and study the code that's so royally fucked up by USSG; and keep our axes sharp for the real life and death wars to come.
Login under your normal username next time and perhaps we'll give you the time of day.  Roll Eyes
1077  Bitcoin / Bitcoin Discussion / Re: Bitcoin 20MB Fork on: February 09, 2015, 05:14:52 PM
I would err on the side of caution and say 2tps myself.

Maybe you should err on the side of doing the actual fucking math instead.
With 1mb blocks you can do roughly 7.76 tps when a transaction spends one output to two adresses: the payee, and the change address.

Well I don't think there's any need for that. ~7 is great on paper but in the real world it is nowhere near it, not even close. Many transactions have more than 1 input.

Isn't it interesting when D&T claims 2-4tps for 1MB your quiet as a church mouse, yet when I mention it you explode into an angry rage.
Still never mind, your going over to his thread now to tell him how wrong he is aren't you? Off you go...

1078  Bitcoin / Bitcoin Discussion / Re: Bitcoin 20MB Fork on: February 09, 2015, 11:53:54 AM
And it's only 3 transactions per second, not 7.

Ok lol.


I would err on the side of caution and say 2tps myself.

A good estimate for the network throughput when limited to 1MB blocks would be 2 to 4 tps depending on how optimistic (naive) you want to be.

1079  Bitcoin / Bitcoin Discussion / Re: Ulbricht To Be Sentenced On May 15th on: February 08, 2015, 09:49:02 PM
The only real way he realistically could ever recover the bitcoin is if he had stored them in a brain wallet, and the fact that there are so few large addresses that match the description of the 'missing' bitcoin I would find this unlikely
He would only need to have one brainwallet address. He could then just sha256 hash it to get another private key and so on....

In theory this is correct, however I don't think comes off as smart enough to do something like this.

Well yeah. A smart person wouldn't of started a dodgy drug trading site in the first place. Your gonna get caught sooner or later, guaranteed.
1080  Economy / Speculation / Re: The hardfork will make Gavincoin plummet to zero on: February 08, 2015, 08:27:13 PM
Isn't it time for satoshi to come back and bring some consensus?
That's the problem, he would have too much power. I think that would only cause more problems. He's long gone, we will have to sort it out ourselves.
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