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15921  Bitcoin / Bitcoin Discussion / Re: The real battle and the dark future of bitcoin on: July 24, 2017, 02:26:39 AM
Fiat is a dam waiting to burst.

yep. but allowing people an open option to move away from the dam(fiat) to dry land(bitcoin) while the dam exists...is the easier option..
 as oppose to throwing dynamite at the dam before the dry land can cope ..

let the dam crack and break all by itself over years to decades. rather than trying to break the dam tonight and then cry that bitcoin(dry land) cant cope because the infrastructure has not been built yet
15922  Bitcoin / Bitcoin Discussion / Re: The real battle and the dark future of bitcoin on: July 24, 2017, 01:38:34 AM
many people think bitcoin has to within 2 years become the "gigabytes by midnight" concept of replacing all fiat/visa transactions of the world.
over throwing governments etc.

the reality should be that bitcoin should remain outside of government jurisdiction and be more of the 'travellers cheques' replacement. where anyone can access and use them in any country freely without all the tax government bureaucracy.

it doesnt require jumping to 7billion people storing their entire lifetimes wealth on bitcoin. but instead treated as a new separate currency working outside/alongside fiat as a optional choice. something that allows people to privately own without control and works across borders
15923  Bitcoin / Bitcoin Discussion / Re: how to split forked coins on: July 24, 2017, 12:54:59 AM
to split the network is done by avoiding the consensus mechanism of 2 opposing rules
this is don by banning/ignoring/blacklisting the opposition nodes thus not even getting the oppositions data to orphan and thus strengthening the survival opposing rules without the consensus orphan drama causing issues.

its not simply having one network of opposing rules as that just going to cause orphan drama and services needing to wait further confirms to wait out the drama.

it actually needs the oppositions to avoid each other via banning nodes/blacklisting. which ethereum does by --oppose-dao-fork.
ethereum did not split simply by changing rules. they added in the -oppose-dao-fork code to discommunicate with opposing nodes
15924  Bitcoin / Bitcoin Discussion / Re: Do the miners need the Bitcoin users? on: July 24, 2017, 12:03:29 AM
OP

your definition of 'miners' is inaccurate/non descript. miners are mainly just those that run ASICS.. asics dont have hard drives. asics dont collate the data, asics dont make transactions they just hash

people can be just 'miners' and not have any nodes or access to exchanges/services.

POOLS that collate the data into blocks are only part of the symbiotic relationship. pools dont need to run asics themselves they can just run a server and let miners(customers) use their server, where the pools takes a cut from the income from serving miners.

this does not mean pools cannot be miners or miners cannot be pools.
this does not mean that miners cannot be node users and node users cannot be miners.

but to presume that the definitions are automatically both(more than their singular real definition) is limited thinking.

once you grasp that "users" can also be a merchant, or and exchange, or a pool, or a miner. or even just a SPV running transaction spender(non-node) then it will make it easier to grasp the complexity of the network.

..
in short you cannot just have asics..
in short you cannot just have pools..
in short you cannot just have users..

..
but say the network was made up of two users, where one user was a pool, a merchant, a exchange and a asic farm.. EG BTCC.. then BTCC is then very centralised and has dominant control of what gets accepted into blocks(pool control) also sets the price of the rewards for the other user to buy at (exchange control) and the exchange rate of buying produce away from the exchange(merchant control)

by separating the 'task' / parts of the network it helps reduce the control BTCC(for this example) has on the network from the economics point of view.

..
as for the technical/ protocol point of view
by separating the 'task' / parts of the network it allows merchants exchanges and users to choose which blocks they accept, which the causes the pools to conform to the rules which the (non-pool nodes) have,
otherwise the rewards cannot be spent, because the pools non-conformity blocks are not recognised in the blockchain the exchanges/merchants decide as being valid.



15925  Bitcoin / Bitcoin Discussion / Re: The IP addresses of all BTC nodes in the Blacklist on: July 23, 2017, 10:12:07 PM
anyone running software that blocks itself from the network is just creating themselves a small little island for themselves (an altcoin/private network)
the guys running software are not harming the network, they are just cutting themselves away from the network

a far simpler solution to blacklist all bitcoin nodes is just to not go look for bitcoin nodes via known bitcoin dns seeds and instead only accept connections from manually added nodes they do like
15926  Bitcoin / Bitcoin Discussion / Re: Now we understand why full-nodes are as important as hash rate on: July 22, 2017, 04:49:48 PM
   
   
Miners Right Now

seems chicago has the best understanding of the reality of whats happening with all the drama right now.

that gif explains easily.
now people just need to get passed the drama and actually look at the future REALITY of ACTUAL growth expectations and solutions
15927  Bitcoin / Bitcoin Discussion / Re: Now we understand why full-nodes are as important as hash rate on: July 22, 2017, 04:43:54 PM
So now that segwit is going in, will you finally leave or

will you finally take just 2 hours to understand segwit after having so long waiting for it. or do you only care about the dev control

Or maybe you will continue
have you even checked the effect of segwit on litecoin.
yep POOLS are not even using segwit keys ..
litecoin explorers havnt even updated their GUI site code to make segwit tx's visually displayable
the fixes are not fixed(malleation/quadratics). people can still spam and quadratic attack litecoin should they choose to


in the altcoin section shilling the latest Roger Ver hardfork?
will you stay here shitposting waiting for segwit to crash until the end of time?
1. i dont use the altcoin section for years, unless some core loving censorship loving sheep decides to move topics to altcoin section that dont deserve to be there,

2. its not shit posting, its just posting the details beyond the utopian dream your dev gods have been preaching.

3. simply you using the words "shilling" and "rogr ver hardfork" shows you know nothing about the reality of whats actually going on..

4.you need to spend less time reading reddit.

What's the plan now for big blockers?
Or since you are smarter than all Core devs, maybe you can come up with your own bitcoin killer? Yeah, that I would like to see.

lol you have no clue, your a sheep. please spend more time researching the code and reality, and stay away from reddit..

go on go check out litecoins utility of segwit. go look at all the pools that supported segwit, and see their coinbase tx's are not even using segwit keypairs. yep, the pools do not trust their block rewards to be held on segwit keypairs.

have a nice day.
15928  Bitcoin / Bitcoin Discussion / Re: Now we understand why full-nodes are as important as hash rate on: July 22, 2017, 03:45:31 PM
We have seen the power of full validating nodes in action with BIP148/UASF. Is anyone delusional enough to think miners would be signaling 95%+ for segwit if we didn't press them against the edge with BIP148?

BIP148 won, big blockers got blown the fuck off. Now that we have segwit in, let's see how it works for a year, THEN we can plan a 2MB increase, not when some fucking retarded morons think want to in a stupid retarded way. If you don't agree, then fork off and create your altcoin, enjoy the dump.

core will never do it.

they have had segwit code for over a year. you sgwit fanboys have been playing the segwit script of "its been well tested for X years".. so core have had plenty of time to look beyond segwit and start innovating the next block template plan (dynamics) but instead they have given up and just resorted to either waiting around. buying all inclusive weekends for pools. or throwing out propaganda about how LN is the savior.

so dont expect dynamics to be part of cores roadmap.

you can try and call anything not core "moronic" all you like. but it seems the majority of segwit/LN supporters cannot even explain how segwit actually functions all you wish to do is promote the activation dates thinking thats the end of your troubles.

goodluck on your reliance of devs and your mindless thinking that your ass kissing of certain devs will last you a lifetime.. but here is something to wake you up

devs are human
devs get old/bored and move onto different projects
devs will not hold your hand in the future

we need to concentrate on bitcoin being a decentralised system thats not reliant on certain 'favorite' devs.
if you only trust code because of a dev, without you even bothering to learn how the code works or if it will run as suggested, then you have already lost the battle for a decentralised payment system and you might aswell just use paypal 2.0 aka LN or just go back to fiat.

some of you have gone one step too far in your dev worship and stopped thinking about code/logic/security and only thinking about faith and trust
15929  Bitcoin / Bitcoin Discussion / Re: Confused: Is BTU coin an option still? on: July 22, 2017, 03:16:32 PM
bitcoin unlimited and other dynamic block concepts do not have a deadline date of august or november.

so even though there is some drama happening now about when segwit activates. does not mean that dynamic style proposals are dead.
they are continuing to do their own thing in the background waiting for consensus.

the funny part is people think august or november are finish point dates where all the problems are solved.
the activation of segwit is not the end of the drama.

after activation. people then need to wait around for actual nodes to support using the keypairs as wallets. and then get the merchants and explorer services to upgrade their software to display the new format of the keypairs.

yep most blockexplorers that display litecoins limited amount of segwit transactions in segwit blocks are not able to display the data clearly. and it seems no on is thinking about the logistics of it. they are too involved in the fud from reddit scripts that promise the world on one side and throw nukes at the other.

thats about as un biased as i can be on the matter.
15930  Economy / Economics / Re: How can we stop Bitcoin from crashing? on: July 22, 2017, 06:27:20 AM
What is the way to stop Bitcoin from being a bear market?

easy way. instead of orderlines being $1 apart. exchanges could make it 1cent apart. then we wont see as many volatile swings. because there would be 100 order lines that need filling to move the price by $1 instead of just 1 orderline.

id prefer this. it will settle the market

it will reduce the drops, but flipping the idea around, for those looking for an exit back to fiat quickly (and foolishly) it wont see spikes as much either.
15931  Bitcoin / Bitcoin Discussion / Re: How many bitcoins does it cost to rent an apartment in your city? on: July 21, 2017, 05:17:08 AM
Its my bad luck that Bitcoin not supported in my country. its illegal here. no one can said when bitcoin will be available/legal here in my country. even i can't buy any product here using my bitcoin. But I can use my bitcoin for buying online products like games,sowftware, apps,VPN,VPS etc.i hope bitcoin soon will be legal here and I can buy house using my bitcoin as a payment processor.

is it actually illegal. as in a law was passed to prohibit its use?

of is it that your country just doesnt recognise it and has not declared anything in either direction (pro/con)
15932  Bitcoin / Bitcoin Discussion / Re: The Barry Silbert segwit2x agreement with >80% miner support. on: July 21, 2017, 04:27:14 AM
the activation is meaningless..

check out litecoin the pools cant even be bothered to use the keys. yep they can still malleate, quadratic spam and everything else.

..
too many people think the activation is the finish line. where everything is solved. lol.. please people atleast read the code. and not reddit scripts.
15933  Bitcoin / Bitcoin Discussion / Re: How many bitcoins does it cost to rent an apartment in your city? on: July 21, 2017, 02:09:11 AM
standard town in UK

social housing:2btc/year (0.0388btc a week)
private rent: 2.8btc/year (0.0538btc a week)

for a standard 2bedroom average house/flat

can be 10-11btc in central london per year
15934  Bitcoin / Bitcoin Discussion / Re: Where are the real bitcoiners? Those who wanted to fight against the banksters? on: July 21, 2017, 01:17:59 AM
You are looking at the wrong place. Then again, this forum has become a shithole of spammers and greedy inferior creatures.

^ says the guy that manages some of the main sig spammer campaigns....
if he wants to look at the cause. he should get a mirror

its people like billy and lauda that would happily kiss ass of the corporate devs because they hope if they show loyalty to the corporations that the corps would pay them one day.

people like lauda and billy. are selfish and only think about themselves. lauda would rather take commision for workarounds and exploits than to help fix things. (yep lauda takes a fee for asking people for there wallet.dats, to just hand them their funds back, rather than reporting an issue to devs) billy loves showing off how much he cares about fiat prices.. but neither care about the code, culture or community.

i highly doubt in the towns lauda and billy live in, have even had any bitcoin meetups organised or even tried to get merchants in their town to adopt bitcoin.. lauda and billies main goal is to kiss ass and hope for a payday.

its time they man up and learn bitcoin principles and stop kissing ass
15935  Bitcoin / Bitcoin Discussion / Re: Where are the real bitcoiners? Those who wanted to fight against the banksters? on: July 21, 2017, 01:13:15 AM
These want want to jeopardize everything in order to turn bitcoin into paypal as soon as possible are the ones that are against bitcoin and aren't real bitcoiners

core added CLTV +CSV  (2-5 day fund maturity+chargeback)
core adding LN (joint account where counterparties are needed)
core took away fee controls and screams "just pay more"
core added segwit and said nodes dont need to independently validate and can happily accept filtered/stripped(no witness)
core bypassed real consensus of the decentralised network sing backdoor exploits and admit they will continue adding more features this way

so get your facts right billy.
15936  Bitcoin / Bitcoin Discussion / Re: The Barry Silbert segwit2x agreement with >80% miner support. on: July 20, 2017, 09:32:08 PM
Empty block and everybody watching. Shame on Ant!

476754

empty blocks are not an issue. its just luck to get a solution to next block before validating previous..

whats more annoying is the ones that purposefully do not fill blocks even when given time to validate previous block

so shame on BTCC
https://blockchain.info/block-height/476691 - 52kb
https://blockchain.info/block-height/476635 - 31kb
https://blockchain.info/block-height/476610 - 13kb

oh and look BTCC also do empty blocks too
https://blockchain.info/block-height/476073


15937  Bitcoin / Bitcoin Discussion / Re: Bitcoin Unlimited vs Net Neutrality on: July 20, 2017, 08:09:45 PM
Being conservative with Bitcoin is the only way to ensure it's safety and stability longterm. If you want low fees, use any altcoin you like, bitcoin is a reserve currency, that has to be handled very delicately.

lol seems you have sucked into "that mentality"

probably time to get ur dictionary out and read "conservative"
1.adverse to change/innovation
2.favouring free enterprise

meaning hand it to corporations. "just pay more" avoid innovation and let the rich own it

...
also i know that the 300mbyte per average blocktime, which you have capacity for is not just filled with that 1 blocks data. but other data too such as multiple connections and also tx's and other handshaking stuff.. but do the maths and learn 6th degree of separation.

its also worth you realising it wont even be "8mb by midnight". even if the max was 8mb.. it will take months/ years to even get to that level
internet providers have a 5 year plan for fibre and 5g. we are not stuck at 2000 with 0.5mbit internet. we are not stuck at 2009 5mbit internet
.. just do the maths and stop taking reddit scripts for granted

not everyone needs to be a "supernode" of 80+ connections. some can be just have 6-10 connections and still see that 8mb is safe (infact more than 8mb is safe)
4mb is anal, 2mb is super anal, and those wanting to stick with 1mb are super anal constipated
15938  Bitcoin / Bitcoin Discussion / Re: Bitcoin Unlimited vs Net Neutrality on: July 20, 2017, 07:26:48 PM
lesson one
dont read anything on reddit. either r/btc or r/bitcoin.. they both have propaganda

lesson two
4mbit/s vs 8mbyte/10minute are not a battle... 4mbit/s= 300mbyte every 10 minutes
(4mbit=0.5mbyte/sec... * 60 = 30mbyte/min..... *10 = 300mbyte/10min)

lesson three
dynamics is not about "gigabytes by midnight" propaganda. its about the nodes voting for what they find achievable. if they dont like a certain limit, they broadcast it, and pools wont just leap to huge numbers, they will take rational and small incremental steps because they will see what the nodes ar happy with.. not just because of network capability but also to mitigate any risks.. such as the berkeley>leveldb bug core had when they went passed 0.5mb. so pools will dip thier toes in slightly higher incremental amounts each time and see what is capable and safe.

lesson four
and this is done by full network consent . and not any dev team decision/control to jump through hoops. meaning NODES decide what is good for the network based on what NODES know is good for the network. not some dev team with propaganda stats. but real functionality capability.

lesson five
its much like the old rule of 1mb and pools incremented from 0.25 up, over 8 years.. same applies again but with a higher max limit and then incremental adjustments BELOW that. which is not 100% pool deciding. but nodes get to show what is preferable too.

lesson six
imagine it like a 3 legged race.
one half think they should walk at 1mph and the other person jog at 8mph.. <-propaganda
or
they both agree that 8mph is the maximum but agree to start at 2mph and then increase it by x% until they start not being able to stay in sync and then stick at that medium level until they are fitter to try higher jog rate than before.
15939  Bitcoin / Bitcoin Discussion / Re: Coinbase and GDAX reject JihanCoin, price reacts positively on: July 20, 2017, 06:27:55 PM
in short. july 31, coinbase should have ZERO bitcoin funds of customers. because THEY wont give customer the altcoin
any funds THEY do have, coinbase is then legally allowed to treat the funds of respective privkeys as thier own in regards to calling the altcoin as THEIR own. and spend those funds as THEY deem fit.

ofcourse the coins of the majority chain will still be deemed as the customers.

(they, their=conbase)

issues i have is if there was a majority TRUE consensus of a rule change. will they do the same funds grab by denying the change has happened purely for greedy profit or would they be honourable and accept change has happened.

as for the minority controversial attempts. people need to realise it wont last/succeed if merchant services dont accept it. so be wise
15940  Bitcoin / Bitcoin Discussion / Re: Being Unemployed Drives People to go to Bitcoin on: July 20, 2017, 01:51:10 AM
Weeks ago, I am discussing Bitcoin to my sister and my future brother-in-law (then) When they got married recently, both of them were unemployed and have been trying to get a job immediately after their marriage. Up until now they have no luck. My sister then decided to talk to me about how do I earn Bitcoins. I gladly explained it to her and then she decided to do it too. She was so happy that she is already earning bitcoin and had some extra budget while they are both unemployed. And now, she is so eager to learn more how to earn more coins.

Being unemployed drove her into engaging to Bitcoins. Maybe some people are like this. They grab Bitcoin when they are in need of money. And since that these people are now engaged in Bitcoin, I am sure that they will stay in Bitcoin and treat it as an investment even though they will have a decent paying jobs in the future.

What exactly are you talking about ? Bitcoin is a payment method not a job or career. Wow the amount of nonesense topics are getting out of control.

If you earning Bitcoin you still working for it. Nothing has changed. You just being paid in bitcoin. Noob accounts shouldn't be allowed to make topics and this is exactly why. Actually irritates me.

if you think earning bitcoin is just sig spamming then you have missed the point

fiat is just a payment method not a job or career.... but there are plenty of jobs available related to servicing fiat.
EG do you really think that exchanges are AI robots, or do you accept that people actually work within coinbase and other exchanges and get an actual salary.

the people that develop asics, again its not an AI robot but actual engineers and designers that design prototypes, blueprints, code the chips and test the chips, ship/distribute the asics, etc

there are thousands upon thousands of real careers available in the bitcoin/crypto sector.


software - developers, graphics designers, project managers, etc
hardware - manufacturers, engineers, designers, project managers, etc
merchants - salesmen, customer service, retailers, managers
consulting - advisers, organisers, catering, light, audio and recording experts

i could go on and on. but pretty much any job role available with payment in fiat is possible for bitcoin.
bitcoin is still in the innovation phase because it has not yet grasped the explosion of a true circular currency yet where the real bitcoin 'industry' starts growing.

if you think bitcoin is just sig spamming then you have missed the point
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