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Poll
Question: if the 'plan' to halve reward is changed, will you quit bitcoin?
Yes - 28 (38.4%)
No - 37 (50.7%)
I'm not involve in bitcoin - 8 (11%)
Total Voters: 73

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Author Topic: Poll - If the reward halving is being changed, will you quit bitcoin?  (Read 5340 times)
knight22
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September 14, 2012, 11:53:20 PM
 #1

Let's see...
For me I say YES

- edited -

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theymos
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September 14, 2012, 11:54:36 PM
 #2

I will continue using the real Bitcoin.

1NXYoJ5xU91Jp83XfVMHwwTUyZFK64BoAD
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September 14, 2012, 11:55:57 PM
 #3

I will continue using the real Bitcoin.

+1.

Those nodes/miners would need to vote with their client.

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Stephen Gornick
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September 15, 2012, 12:02:37 AM
 #4

Let's see...
For me I say YES

Quote
You might wish to change the title to when, not if.  

Block 210,000 it happens.

[Edit: The poll question was reworded to be more clear:

 "if the 'plan' to halve reward is changed, will you quit bitcoin?" ]

knight22
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September 15, 2012, 12:17:35 AM
 #5

Let's see...
For me I say YES

You might wish to change the title to when, not if. 

Block 210,000 it happens.

I'm not sure to get you. I'm referring to this thread:
https://bitcointalk.org/index.php?topic=108964.0

gmaxwell
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September 15, 2012, 12:21:46 AM
 #6

I will continue using the real Bitcoin.
+1.
Those nodes/miners would need to vote with their client.

There is no voting. Just do nothing— your node will happily ignore idiots who made a totally worthless fork, no matter how many of them there are. Smiley

This post might as well say, "Will you quit bitcoin if some people install on their own computers a web interface to paypal called bitcoin?"

Bitcoin will not be compromised
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September 15, 2012, 12:22:53 AM
 #7

I will continue using the real Bitcoin.

+1

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
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September 15, 2012, 12:23:54 AM
 #8

Let's see...
For me I say YES

You might wish to change the title to when, not if. 

Block 210,000 it happens.

He doesn't mean "if the block reward is changed" he means "if the 'plan' to halve is changed".

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
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September 15, 2012, 12:28:08 AM
 #9

I will continue using the real Bitcoin.

+1

+1

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imanikin
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September 15, 2012, 12:37:34 AM
 #10

There is no voting. Just do nothing— your node will happily ignore idiots who made a totally worthless fork, no matter how many of them there are. Smiley

This post might as well say, "Will you quit bitcoin if some people install on their own computers a web interface to paypal called bitcoin?"
+1
Such a fork and how the sum of Bitcoin market forces changes would be very interesting though...  Cool

We have already seen a number of clones with different rules, which seem to predict which way it would ultimately turn out...

BTW, there would in fact be voting, because as the Buddhists say, "One cannot 'do nothing'! One can only 'do not doing'!" So, it would be voting by "not doing"... Cheesy

knight22
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September 15, 2012, 12:38:06 AM
 #11

Let's see...
For me I say YES

You might wish to change the title to when, not if.  

Block 210,000 it happens.

He doesn't mean "if the block reward is changed" he means "if the 'plan' to halve is changed".

Yeah I think my question has not been understood by everyone. I will edit it and reset it.

MoonShadow
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September 15, 2012, 12:39:41 AM
 #12

Poll is misworded.  Any such fork would no longer be bitcoin, and I'm sticking with what I've got.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
imanikin
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September 15, 2012, 01:08:37 AM
 #13

Yeah I think my question has not been understood by everyone. I will edit it and reset it.
I can't vote either way. For me, the choice would really be:

1. go with the group playing by the original bitcoin rules
2. go with the group playing by the new bitcoin rules
3. go with some other p2p cryptocurrency clone or type
4. go with some other choice i don't have in mind yet

Cryptocurrencies seem to be here to stay; it would be unwise to "quit"...  Cool

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September 15, 2012, 01:30:28 AM
 #14

I will continue using the real Bitcoin.

+1 I'll switch pools asap.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
alexanderanon
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September 15, 2012, 03:09:44 PM
 #15

Is this seriously being considered? I haven't seen any real debate on the matter. Link?
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September 15, 2012, 03:27:13 PM
 #16

I have bought, used, and given away BTC with the understanding that they would be produced according to certain rules.  Changing those rules after the start of the game is attempted theft.  It is no different than accepting gold-backed dollars only to be told afterwards, "Those aren't worth anything any more.  We decided to print a few billion extras even though we told you we were only printing as much as our reserves could cover.  Sorry."

Fortunately, BTC has one important difference.  You can't steal from me unless I allow it.  You can't change the rules on me unless I go along with that change.

So what do you think  I would do in this hypothetical situation?
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September 15, 2012, 04:17:30 PM
 #17


+1

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September 15, 2012, 04:17:44 PM
 #18

Quote
"plan" to halve reward is changed,
The halve is already there, the plan is to let it happen.

If the plan is changed it certainly won't be called Bitcoin. So yes I'll stay with Bitcoin.
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September 15, 2012, 04:22:21 PM
 #19

Is this seriously being considered? I haven't seen any real debate on the matter. Link?

Of course not.

But, this is open source.  Anyone that wants to can edit it to remove the shift, and they can even distribute their changed version.  I don't expect that anyone would actually use it though, for many reasons.

p2pcoin: a USB/CD/PXE p2pool miner - 1N8ZXx2cuMzqBYSK72X4DAy1UdDbZQNPLf - todo
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September 15, 2012, 04:38:38 PM
 #20

+1

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