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4261  Bitcoin / Bitcoin Discussion / Re: (humor) what the folks at Blockstream are REALLY thinking on: April 13, 2017, 10:43:04 PM
lol sampson mow now employed by blockstream.. 'chief strategy officer' AKA reddit script writer for the shills

here it goes
the blockstream defenders doubling efforts "if mow can do it we can all get jobs with blockstream"

When I read Blockstream's Samson announcement tweet, I literally LOL'd at the term 'Chief Strategy Officer'.
I interpreted it as:
Blockstream: 'We need more trolls and we need them now'

Next they're going to hire Lauda as Chief Communication Officer, running Blockstream's Ministry Of Truth.

lauda has been hoping for that day for a coupl years.
he even (without knowing any C++) edited a DOCUMENT to get his name as a bitcoin contributor to try getting a bit more recognition.. yet has never done anything to help the network or CODE

as for sampson.
giving up a job with BTCC that is literally making money.. to take a job in blockstream thats already $70m in debt.. hmm. either the contract had a good pay increase or he knows its just a temporary gig
4262  Bitcoin / Bitcoin Discussion / Re: (humor) what the folks at Blockstream are REALLY thinking on: April 13, 2017, 10:22:55 PM
lol sampson mow now employed by blockstream.. 'chief strategy officer' AKA reddit script writer for the shills

here it goes
the blockstream defenders doubling efforts "if mow can do it we can all get jobs with blockstream"
4263  Bitcoin / Bitcoin Discussion / Re: Who Wants Jihan Wu's Head on a Platter? on: April 13, 2017, 10:11:53 PM
so to summarise
blockstream go soft.. and china goes back in time to make hardware years befor blockstream 'soft' half baked gesture..
and yep china went back in time purely to make hardware that attacks the half baked software.

or

gmax last month realised his half baked software wasnt soft enough and was actually gonna break teeth. but then has a tantrum and points fingers at others, and now doubling down to delay the community right upto the end of 2018 unless the half baked gesture gets accepted.
rather then re-doing code in the way the community would actually approve of.

 
4264  Bitcoin / Bitcoin Discussion / Re: Roger Ver causes another dump on: April 13, 2017, 09:47:55 PM
Roger sold BTC for alts as many early adopters who believed in BTC as daily currency, but those one who sold this is their chose i see that new people are coming in and buying those OLD stack coins.
And new "smart trades" are coming in too. Some big boys know that they will make ETFs for BTC and will load on all kind disappointments and bla bla.
For BTC is great when those BIG holders dump early BTC because once is consumed it won't go so easy to any alt guys.

lol if you think ETF are good then your only thinking about 15 minutes of media coverage on bloomburg and nothing more said for a year.

all while 200,000 coins get LOCKED into a trust for decades. never to be used in circulation. and people then trading on exchanges of SHARES of a company owning the locked funds, and not real bitcoin exchanges.

taking coins out of circulation can affect the price, sure.. but the utility of bitcoin.. is a whole different thing.



too many people are watching the fiat price.

much like them guys that sit in the corner of a cafe always watching the exits. you can tell they are not comfortable and ready to leap out if they spot something they dont like.

they are the guys that will smile and wink at the workers, pretend to be loyal but be too afraid to tell them there is a fly in their soup. rather than be comfortable with where they are sat and want to raise the standards of where they are by being upfront and honest



what we need to be doing is stop praying for wall street to take over bitcoin. stop kissing devs butt cheeks because they are programming things in favour of wall street. and instead think about bitcoin from the decentralised ethos of what it was built for, as hinted in the genesis block.

then real value will come thanks to real utility. not due to locking funds up and limiting bitcoin utility while people trade offchain
4265  Bitcoin / Bitcoin Discussion / Re: This scene at a mainstream level is impossible without segwit+Lightning Network on: April 13, 2017, 07:58:29 PM
LN doesnt need segwit

but keep trying hard to promote sloppy code just because the blockstream gods want more control

LN can function right how, happily without needing segwit.
4266  Bitcoin / Bitcoin Discussion / Re: Roger Ver causes another dump on: April 13, 2017, 06:51:50 PM
Best explanation so far. There's not much fiat on the market because people dont trust exchanges due to the "we been hacked, so bankrupt".. and AMLKYC makes it harder to fund exchanges

FTFY
4267  Bitcoin / Bitcoin Discussion / Re: Roger Ver causes another dump on: April 13, 2017, 06:39:20 PM
Paid BU supporter detected.

1. i dont get paid for my opinion or by any brand or by roger..
2. seems all you can do is repeat a script

3. what has revealing the fact that the exchanges themselves are rather empty compared to 4 years ago thus able to move the markets easily and cheaply got to do with any brand of implementation.

the funny part is in th last 5 years of being in bitcoin i have not bothered making "price up price down" speculations based on brands.
i have looked at the real reasons. such as being able to move the market by $1 from $1161 to $1160 ($16mill market cap fluctuation) for just $20 spend on an exchange
4268  Bitcoin / Bitcoin Discussion / Re: Who Wants Jihan Wu's Head on a Platter? on: April 13, 2017, 06:07:55 PM
Yes, we do. And segwit does increase blocksize. OK, but that increase isn't enough.

segwit only increases for those moving funds over to segwit.
do not even pretend that everyone (46m utxo) will move funds to segwit to achieve a constant utility they promise.

their promise is empty, and a one time 'possible' gesture feature. you cant resegwit a segwit and you cant guarantee it will be long term. and you cant guarantee how much of a gesture it will be.

infact to get people over to segwit is in itself going to cause more issues because people end up needing to move funds across so it will be months of mempool bloat caused by people trying to move funds across to new keypairs

its not a utopian network wide thing that happens right at activation day where everyone instantly has room to move funds around easier
4269  Bitcoin / Bitcoin Discussion / Re: Roger Ver causes another dump on: April 13, 2017, 05:50:45 PM
real funny part is if you look at the markets.. they are being moved by $1 increments. using only a couple btc or less



Gdax
going from the bottom up
0.13btc moved price from $1158->$1159
5.293btc moved price from $1159->$1160
2.386btc moved price from $1160->$1159
63.857btc moved price from $1159->$1160
10.325btc moved price from $1160->$1161
0.02btc moved price from $1161->$1160
2.433btc moved price from $1160->$1161
2btc moved price from $1161->$1160
2.551btc moved price from $1160->$1159
16.67btc moved price from $1159->$1160
1.4btc moved price from $1160->$1159

the real reason the price is volitile is because it does not take much to move the market price

5.85 btc = $1


bitfinex
5.85 btc =  $1
0.5 btc =  $1
0.067 btc =  $1
0.1 btc =  $1
0.829 btc =  $1
0.249 btc =  $1
0.170 btc =  $1

and so on
4270  Bitcoin / Bitcoin Discussion / Re: Roger Ver causes another dump on: April 13, 2017, 04:11:30 PM
when the blockstreamists are watching the fiat price every minute and panicking over every up and down movement. you start to see they only care about fiat.

maybe its time they go read the genesis block and really understand the purpose of bitcoin,

prices move up and down all the time.

all i see is the blockstreamists watch fiat prices.
when it goes down. they then go searching for anything they can find to turn the reason for it into some fud story
when it goes up. they then go searching for anything they can find to turn the reason for it into some fud glory

trying hard to create a narrative
4271  Bitcoin / Bitcoin Discussion / Re: The only answer against Miners Mafia is UASF on: April 13, 2017, 10:14:14 AM
many people have a bitcoin-core node but have set the consensus.h much higher than 1mb. they just dont advertise it to avoid DDoS by your clan
many people running bitcoin-core are not actually advocating for segwit.
Both statements are a lie since there is no way to back that up with data.

LOL
no way to back it up ??
LOL

have you seen how many people have grabbed the core code and made their own client after doing their own tweaks that are not actually part of 'core'

there are 8 'branches' (versions of core)
there are 7857 forks (people taking the code so they can do their own tweaks away from cores repo)

think about that logically
4272  Bitcoin / Bitcoin Discussion / Re: Who Wants Jihan Wu's Head on a Platter? on: April 13, 2017, 08:25:10 AM
It appears Jihan Wu has soldiers trying to control PR damage.

when time itself proves he did not make asics purely to attack segwit
when maths shows he is not even 20% luckier
when logic shows the same

all that is left is that segwit is not the utopian codebase made by immortal gods, but humans who thought they could slide in a tier network via a backdoor to avoid community consensus, and last month a flaw in that has been found.

the only direction the fingers should be pointing is back at the devs to re-try something a little different the community will accept

think logically. practically and rationally.
4273  Bitcoin / Bitcoin Discussion / Re: Who Wants Jihan Wu's Head on a Platter? on: April 13, 2017, 02:26:16 AM
I don't know if I have enough information to really have an informed opinion on the guy, but from my understanding the guy is scummy and I don't have any support for him at this time. That is, again, just based off of what I've heard about him through the forum essentially.

Doesn't really surprise me that he has such a large mining share, seems almost expect at this point.

Can someone fill me in as to how long he's been in the mining scene? If it's been a long time then I can't say I'm all that surprised.

he has been involved in mining ASIC hardware since early 2013, and started selling them to ANYONE by about october 2013
by being involved so long actually debunks the fake drama of asics being made purely to attack segwit.
especially since segwits public release was october 2016
4274  Bitcoin / Bitcoin Discussion / Re: Who Wants Jihan Wu's Head on a Platter? on: April 13, 2017, 02:15:59 AM
Again this 2 paid guys talking trashh. Just shut up bug supporters.

lol refute the content, which i know you cant.

secondly.
you calling me a "bug" guy is just revealing your repeating words from other people by using such scripted buzzwords.
same as people trying to pigeon hole me in what ever other decentralised implementation was last year and year before.
its funny how that script keep repeating itself

thirdly
if you think the debate is just BU vs core then you really have been fooled by your reddit scripts.
(hint there are over a dozen different /brands).

the debate is more about blockstream centralisation vs bitcoin network.
where by if you defend blockstream more then bitcoin network (of many implementations) you are revealing more about your own rhetoric that you want blockstream centralisation

where by if you defend blockstream more then bitcoin network (of many implementations) by thinking only core should exist and only because you love the devs of blockstream (P wille, gmax, luke Jr etc) again you are revealing more about your own rhetoric that you want blockstream centralisation

however if you wak up and realise that the bitcoin network can and should run for centuries and realis that blockstreams dev team will move on in a couple years to hyperledger or retire (yep human coders are temporary)
you will see ass kissing devs, and kissing their ass over such a temporary half gesture.. rather than thinking long term about the bitcoin network as a whole.. will be your own failing
4275  Bitcoin / Bitcoin Discussion / Re: Who Wants Jihan Wu's Head on a Platter? on: April 13, 2017, 01:58:34 AM
when the ASIC boost drama first got publicised by gmaxwells tears of woe
i done some maths on the top 4 pools to see which pools were 'luckier' than others

just done some quick maths


* stats at time of post

hmm
looks like BTCC and F2pool are the ones making more blocks than their hash %
not the other way round

*for those wishing to question the numbers


i have checked other dates and seen no 20% advantage
even today there is only~ +-1% variance of luck
4276  Bitcoin / Bitcoin Discussion / Re: Who Wants Jihan Wu's Head on a Platter? on: April 13, 2017, 01:45:01 AM
Of course, legally he is allowed to use it, there are no laws against it. He is using it, and not passing the gains to the miners.

" The assertion is that Bitmain is not only blocking a technical solution favored by the Core developers (through its support of alternative development teams), but doing so because it would enhance its profitability at the expense of users." http://www.coindesk.com/bitcoins-new-controversy-asicboost-allegations-explained/


AsicBoost cause the network problems.

lol remove illogic of time travel and all your left with is the logic of:
asicboost existed before segwit
segwits 'going soft' with 2merkle method hit a snag


solution do a proper node+pool CONSENSUS with extra added features like dynamics. then the community will be united and no snag
4277  Bitcoin / Bitcoin Discussion / Re: The only answer against Miners Mafia is UASF on: April 13, 2017, 01:29:44 AM
Amazing and I thought the Trump drama was deep.   Maybe the best thing would be for BIP148 to be activated with too little mining power to pull it off.   Let them rot with with their own worthless chain.  

What I don't understand is why blockstream is so bullheaded.   They could easily provide a block size increase and still get their lightning network.  Yea it wouldn't be worth as much up front but it would be better than getting nothing.  

blockstream removed many onchain fee control mechanisms..
- removed priority formulae
- removed reactive fee estimation (so fee's dont instantly drop in low demand)
- added average fee (so fee's stay up even in low demand)

funny how coders remove code rules and instead just scream "just pay more"

all so onchain fee's are now ~$0.80(160sat/b on average tx of 400byte) instead of $0.04(average fee a year+ ago)
so that when they control the LN DNS seed to grab fee's they can charge anything from 0.01-0.75(per route through them) and people will still think its "cheaper" than normal onchan transactions

so imagine $0.07 LN fee for 1m people a day - repay $70m in 3 years
so imagine $0.035 LN fee for 2m people a day - repay $70m in 3 years

so imagine $0.07 LN fee for 10m people a day - repay $70m in 4 months
so imagine $0.035 LN fee for 20m people a day - repay $70m in 4 months
4278  Bitcoin / Bitcoin Discussion / Re: Who Wants Jihan Wu's Head on a Platter? on: April 13, 2017, 01:19:45 AM
There is proof that He is still using AsicBoost. Jihan Wu, in my and many others' opinions, is a dirt ball.

or you just cant accept that blockstream dev's have flaws, and are human.. rather than gods
4279  Bitcoin / Bitcoin Discussion / Re: Who Wants Jihan Wu's Head on a Platter? on: April 13, 2017, 01:04:31 AM
asic boost existed before segwit

if you think asics are attacking blockstream then time travel must be possible.

yet, using logic
gmax one month ago realised his 'going soft' approach was not as compatible with the network as he thought. but instead of re-coding segwit to fit around the network he wants his flock to point fingers at the pools and blame them for why segwit will have issues being accepted.

funny part is, gmax and his flock actually proposed to 'go soft' purely to avoid users consensus. as a way to escape anyone sayin no.. but now gmax has found the code for going soft is his own downfall

if only gmax actually done a proper 1merkle full node+pool consensus and using that oppertunity to include dynamics aswell.. alot of time, delay and debate could have been avoided
4280  Bitcoin / Bitcoin Discussion / Re: The only answer against Miners Mafia is UASF on: April 13, 2017, 12:49:16 AM
Thats exactly what BU is doing too. There is no activation code or threshold for BU. There is a suggested threshold of 75%, but that is not final and the current implementation has no activation code, so everyone will need to upgrade when that code is released. BU miners signalling is pretty much the same as the current uasf uacomment crap.

lol
all nodes that are ok with dynamics and REAL mainblock growth have the code there already. (my node has variable limit right now. i can change it at runtime and not need to download anything later)

no need to download a new implementation later for those that are already dynamic ready.. no need to play around with resyncing no need to change the network topology no need to get people to move to different keypairs.

its a simple. if there is a safe majority to not cause much fuss of orphans or node drop off.. pools just make bigger blocks. right at the point its safe to.

yet those wanting segwit WILL need to download something AFTER activation, ven if they have v0.14 they will still need to be spoonfed another version if segwit activates

blockstream made many foolish statements
"its ok sheep you dont need to upgrade, be happy to live in the cesspit"
"its ok everything is compatible if you accept the fact you become reliant on a tier network"
"when activated everything is fixed and utopia for everyone"
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