smoothie
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LEALANA Bitcoin Grim Reaper
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August 11, 2015, 08:45:57 PM |
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i think this is a turning point.
yes quote me on this.
The losses of nodes over the past 2 months (from the previous ATH) have been gained back and then some in 3 days time.
Like technical analysis on markets this too is in a sense, a market.
ATH is a clear sign of things to come.
I'll be switching over today as well.
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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NorrisK
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August 11, 2015, 08:55:17 PM |
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I switched all my nodes to Bitcoin XT too.
Fuck censorship.
Does it mean you switched your nodes just to fuck censorship? Are you not afraid of Bitcoin being fucked instead (ever considered implications)? Unless they agree with the changes made in Bitcoin XT and don't think it will fuck them over in the end.. It is not that bad I guess..
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unamis76
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August 11, 2015, 08:55:24 PM |
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I am also switching, at least for now, and I'm planning my first 24/7 full node. It will be using XT too.
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DooMAD
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Leave no FUD unchallenged
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August 11, 2015, 09:01:22 PM |
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That said your right that it's more along the lines of a Bitcoin-related fork in my opinion but a new section for Bitcoin-XT was not made so guess Theymos had no choice but to regulate to alt-coins or see a wall of this discussion in Bitcoin.
We don't know for certain which mod it was, but they definitely had a choice where to move it to. There's been a subforum for alternative clients for as long as I can remember, so it's either an act of ignorance or malice on their part to move it into altcoins. Even if it doesn't have it's own dedicated subforum like MultiBit/Electrum/Armory/etc it could still have gone in there. But in a way, it's probably a positive thing they did move it to alts. They've drawn far more attention to it this way than it otherwise would have got. Silly small-blockians accidentally sabotaging their own cause yet again. Keep up the good work, guys. Your help has been invaluable.
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Mickeyb
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August 11, 2015, 09:10:23 PM |
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Well I guess that community had enough of this debate and that bitcoiners are slowly taking the matters in their hands. I think this is exactly what Gavin had in mind, if you won't listen to me than let the users say what they want. But also, this is exactly what I have been afraid of, we are dividing our community and I guess in not so long we will have 2 Bitcoins listed on the coinmarketcap, an old Bitcoin and the Bitcoin XT.
I don't like this division at all!
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tspacepilot
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I may write code in exchange for bitcoins.
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August 11, 2015, 09:13:54 PM |
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Oh my, that's pretty controversial for sure. Mentioning XT gets you moved to altcoins? Are all the mods doing this? You linked to the meta in reddit, I'm not on reddit, I haven't seen this in bitcointalk but then again I miss a lot since I'm not on here 24/7.
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dothebeats
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August 11, 2015, 09:15:32 PM |
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Well I guess that community had enough of this debate and that bitcoiners are slowly taking the matters in their hands. I think this is exactly what Gavin had in mind, if you won't listen to me than let the users say what they want. But also, this is exactly what I have been afraid of, we are dividing our community and I guess in not so long we will have 2 Bitcoins listed on the coinmarketcap, an old Bitcoin and the Bitcoin XT.
I don't like this division at all!
Well the division is only present until there is no consensus as to what would really happen. If XT gained that 75% of the votes, then the rest of the users, whether they like it or not, should change their clients immediately for their transactions to be included in the valid chain. Also, what is happenin around in the discussions are purely reasoning and logic, and authority shouldn't in any way get in between. Will switch over to xt as soon as 75% is reached. I will miss qt but this is for the good of bitcoin in general.
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gentlemand
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Welt Am Draht
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August 11, 2015, 09:15:48 PM |
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I guess in not so long we will have 2 Bitcoins listed on the coinmarketcap, an old Bitcoin and the Bitcoin XT.
That's in no one's interest. People go where the money is. The money will be where the majority decide what block size they want and it looks like some sort of decision might arrive sooner than we expect. The opposition can squeal all they want but no one'll give a shit about them by then. They'll have to fall in line or fade away.
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Alley
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August 11, 2015, 09:24:11 PM |
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Nobody is going to mine a bitcoin with 10% of the hashingpower of the real bitcoin after the fork. The dust will settle after only a few blocks in my opinion and the losers will quickly switch over with their tail between their legs. The fuders spreading lies about XT are just as bad as the speculation trolls.
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dothebeats
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August 11, 2015, 09:28:44 PM |
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They have their reasons for sure. Let me quote theymos' statement for you: I'm impressed at the level of Bitcoin knowledge of bitcointalk.org users compared to /r/Bitcoin users. Most of the people in this thread and other similar threads are interpreting the issues correctly (or at least with some evidence of actual thought), unlike most Redditors. I don't think it makes sense to call Bitcoin XT an alt-coin anymore than it does the current version of Bitcoin Core, which has hard-forked several times since it was introduced. Furthermore, Bitcoin Core will only fork away from Bitcoin XT when XT has 75% of the hash power behind it.
Bitcoin's hardforks (though some people don't classify them as hardforks) were done with consensus among the the Bitcoin community/economy/experts. In the current state of the debate, any max block size increase won't have consensus, though I think that consensus on a compromise proposal might be achievable in 6-18 months. Activating a hardfork based on what miners do is really bad. You could easily have a situation where 75% of miners support XT but none of the big Bitcoin exchanges or businesses do. Then miners would start mining coins that they couldn't spend anywhere useful, and SPV users would find that they can't transact with the businesses they want to deal with. The currency would be split, and in this case XT would be in a far weaker position than Bitcoin. The possibility of this sort of network/currency split is what makes XT not a "legitimate hardfork", but rather the programmed creation of an altcoin. A consensus hardfork can only go forward once it has been determined that it's nearly impossible for the Bitcoin economy to split in any significant way. Not every Bitcoin user on Earth has to agree, but enough that there won't be a noticeable split. Bitcoin is not ruled by miners. In a hardfork, miners barely matter at all. (Softforks are different.) What's important is what the economy does.
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gentlemand
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Welt Am Draht
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August 11, 2015, 09:42:23 PM |
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They have their reasons for sure. Let me quote theymos' statement for you:
This is a possible potential future for Bitcoin - ergo it belongs in areas that discuss Bitcoin. I can't see any valid reason to stifle it.
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jbrnt
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August 11, 2015, 09:55:28 PM |
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Why? Bitcoin XT is an alternate client. Same as other clients like Electrum and MultiBit. It hasn't forked yet, and Bitcoin XT will always remain an alt client if there is no majority. Currently, Bitcoin XT does not receive and send an altcoin, it sends bitcoin! This is a mistake. BitcoinTalk mods are better than this.
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meono
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August 11, 2015, 10:02:40 PM |
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I switched all my nodes to Bitcoin XT too.
Fuck censorship.
Does it mean you switched your nodes just to fuck censorship? Are you not afraid of Bitcoin being fucked instead (ever considered implications)? Nope nice try to spin it. I know what i support unlike many noobs on here. If you're against it good for you. You're entitled to your opinion but stop spreading BS fud.
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tsoPANos
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August 11, 2015, 10:09:21 PM |
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That's bad. We need to realize that split only does harm to bitcoin ecosystem. I know that theymos acted a bit 'conservatively' but it was a defensive move to protect bitcoin. Although I disagree with his behavior, I am deeply disappointed about how easy Mike Hearn is willing to split the community in half in excuse of an issue which can be resolved through human talk.
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meono
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August 11, 2015, 10:10:06 PM |
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Why? Bitcoin XT is an alternate client. Same as other clients like Electrum and MultiBit. It hasn't forked yet, and Bitcoin XT will always remain an alt client if there is no majority. Currently, Bitcoin XT does not receive and send an altcoin, it sends bitcoin! This is a mistake. BitcoinTalk mods are better than this. The fact that they're trying to censor it shows they're affraid. Call bitcoin XT an altcoin is the dumbest shit i've seen. Im not a noob I've been on this forum since 2011 b4 the first bubble. We got many folks since. If you censor because you're afraid ppl will choose to folk you're losing the battle. Bitcoiners DO NOT have to follow the core dev. This isnt a cult.
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meono
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August 11, 2015, 10:12:29 PM |
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That's bad. We need to realize that split only does harm to bitcoin ecosystem. I know that theymos acted a bit 'conservatively' but it was a defensive move to protect bitcoin. Although I disagree with his behavior, I am deeply disappointed about how easy Mike Hearn is willing to split the community in half in excuse of an issue which can be resolved through human talk. Its not a defensive move censorship never works. If you allow ppl to discuss freely thats when they can learn the truth and facts. Theymos is noone but an admin of this forum.
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mallard
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August 11, 2015, 10:15:19 PM |
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Why? Bitcoin XT is an alternate client. Same as other clients like Electrum and MultiBit. It hasn't forked yet, and Bitcoin XT will always remain an alt client if there is no majority. Currently, Bitcoin XT does not receive and send an altcoin, it sends bitcoin! This is a mistake. BitcoinTalk mods are better than this. The fact that they're trying to censor it shows they're affraid. Call bitcoin XT an altcoin is the dumbest shit i've seen. Im not a noob I've been on this forum since 2011 b4 the first bubble. We got many folks since. If you censor because you're afraid ppl will choose to folk you're losing the battle. Bitcoiners DO NOT have to follow the core dev. This isnt a cult. It's not being censored, you're all just paranoid.
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steven.G999
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August 11, 2015, 10:25:56 PM |
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I'll dump all my bitcoins and never buy again if majority of people choose Bitcoin XT. Some people want war for unknown reason and it's just the end of this tech.
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allthingsluxury
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August 11, 2015, 10:37:51 PM |
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What was the reasoning for the switch?
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Gold & Silver Financial News: Silver Liberation Army, Gold & Silver News, Geopolitical & Financial News, Jim Rickards Blog, Marc Faber Blog, Jim Rogers Blog, Peter Schiff Blog, David Morgan Blog, James Turk Blog, Eric Sprott Blog, Gerald Celente Blog
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