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turtlehurricane (OP)
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August 21, 2015, 08:06:37 PM
Last edit: September 27, 2015, 09:42:16 AM by turtlehurricane
 #1

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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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knight22
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August 21, 2015, 08:09:50 PM
 #2

Seriously take a hike XT, I'm thinking the only people who could possibly support it are teenagers living in their parents house that have no bitcoin.

[img]-snip-[img]

I have more bitcoins than you can probably never afford. Is this thread is supposed to have any substance at all?


Alley
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August 21, 2015, 08:13:07 PM
 #3

Wow great analysis...
Alley
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August 21, 2015, 08:14:00 PM
 #4

.
valiz
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August 21, 2015, 08:14:21 PM
 #5

Seriously take a hike XT, I'm thinking the only people who could possibly support it are teenagers living in their parents house that have no bitcoin.

[img]-snip-[img]

I have more bitcoins than you can probably never afford. Is this thread is supposed to have any substance at all?


You wouldn't support a controversial hard fork if you would have those. Would you be kind to sign with an address for us?

12c3DnfNrfgnnJ3RovFpaCDGDeS6LMkfTN "who lives by QE dies by QE"
knight22
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August 21, 2015, 08:17:14 PM
 #6

Seriously take a hike XT, I'm thinking the only people who could possibly support it are teenagers living in their parents house that have no bitcoin.

[img]-snip-[img]

I have more bitcoins than you can probably never afford. Is this thread is supposed to have any substance at all?


You wouldn't support a controversial hard fork if you would have those. Would you be kind to sign with an address for us?


I could but I doubt that it would mildly influence your opinion at all.

Zarathustra
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August 21, 2015, 08:18:07 PM
 #7

The windbag who was not able not deliver opened a new tread.
tommorisonwebdesign
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August 21, 2015, 08:29:34 PM
 #8

Seriously take a hike XT, I'm thinking the only people who could possibly support it are teenagers living in their parents house that have no bitcoin.

[img]-snip-[img]

I have more bitcoins than you can probably never afford. Is this thread is supposed to have any substance at all?


You wouldn't support a controversial hard fork if you would have those. Would you be kind to sign with an address for us?


I could but I doubt that it would mildly influence your opinion at all.
I'm calling bullshit
If he decides to do it, you will end up looking like a fool, I try not to assume here but Knight has had a pretty good record of quality post and is a long time member, I don't think he is willing be shown as a liar.
I would like to see an address myself with a signed message so I could validate there claims for myself. At the moment, I think XT may lead to chaos down the road which is why consensus has to be founded before making such a controversial decision

Signatures? How about learning a skill... I don't care either way. Everybody has to make a living somehow.
maxcarjuzaa
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August 21, 2015, 08:30:13 PM
 #9

Really?

And what do you think it is going to happend once we hit network capacity and the transaction back log start to grow?

why anyone would preffer unusable (transactions will take days weeks or months to confirm once we hit network capacity) "old core" to usable XT?

Think again
valiz
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August 21, 2015, 08:35:46 PM
 #10

Really?

And what do you think it is going to happend once we hit network capacity and the transaction back log start to grow?

why anyone would preffer unusable (transactions will take days weeks or months to confirm once we hit network capacity) "old core" to usable XT?

Think again
Are you so sure that will happen?

Anyone who would pay a decent fee would have no issues. Only spammers would have issues!  Grin

12c3DnfNrfgnnJ3RovFpaCDGDeS6LMkfTN "who lives by QE dies by QE"
slaveforanunnak1
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August 21, 2015, 08:37:22 PM
 #11

Really?

And what do you think it is going to happend once we hit network capacity and the transaction back log start to grow?

why anyone would preffer unusable (transactions will take days weeks or months to confirm once we hit network capacity) "old core" to usable XT?

Think again
Are you so sure that will happen?

Anyone who would pay a decent fee would have no issues. Only spammers would have issues!  Grin

of course not! scare tactics! like Dick saying Saddam has weapons of mass destruction
BitProdigy
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August 22, 2015, 02:56:52 AM
 #12

Bitcoin price would go up a ton on a day like today if XT didn't exist

Yes and if a ton of new users migrated to bitcoin the network would not be able to handle it without increasing the block size….
AtteJ
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August 22, 2015, 09:05:47 AM
 #13

Could you be so kind and lighten me and tell what that XT is?
onemorexmr
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August 22, 2015, 09:13:44 AM
 #14

Could you be so kind and lighten me and tell what that XT is?
It is a fork that currently pushes for an increase in blocksize while the current core developers disagree and think this is a tactic to attack them.

it is a fork made by two core developers.
other core developers are against it because they think they can make more money with small blocks (see their company blockstream).

XMR || Monero || monerodice.net || xmr.to || mymonero.com || openalias.org || you think bitcoin is fungible? watch this
spacecakes
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August 22, 2015, 10:44:00 AM
 #15

Seriously take a hike XT, I'm thinking the only people who could possibly support it are teenagers living in their parents house that have no bitcoin.

[img]-snip-[img]

I have more bitcoins than you can probably never afford. Is this thread is supposed to have any substance at all?



We'll it does show that OP has a toaster for a TV and shouldn't be worry about purchasing bitcoin from his mom's basement.
NorrisK
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August 22, 2015, 01:02:41 PM
 #16

It's crystal clear that supporters of bitcoinxt do not care about the well being of the bitcoin economy and its users. The entire project is a Trojan horse.

Damages from bitcoinxt are at least $1 billion now, and that's a huge deal since bitcoin only has about $3 billion total market cap

Maybe it would help your case if you would post some sensible arguments... Now you are only blaming XT, but did you consider XT is only spawned because of limitations of current core?
Xialla
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August 22, 2015, 01:05:17 PM
 #17

It's crystal clear that supporters of bitcoinxt do not care about the well being of the bitcoin economy and its users. The entire project is a Trojan horse.

Damages from bitcoinxt are at least $1 billion now, and that's a huge deal since bitcoin only has about $3 billion total market cap

ahh this is endless battle between:

*techie guys handling bitcoin as open source technology and don't give a single fuck about price or consequences of their decisions.

*investors (even small), which don't care at all about open source and technology and just watching Economic section thread and various price tickers.

point is, that techie guys are the ones with power here..and because of this we have endless threads like this one:)
Velkro
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August 22, 2015, 01:06:51 PM
 #18

Seriously take a hike XT, I'm thinking the only people who could possibly support it are teenagers living in their parents house that have no bitcoin.
Its not fault of XT but fault of not getting consensus. There are many more factors also Wink
meono
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August 22, 2015, 02:17:20 PM
 #19

It's crystal clear that supporters of bitcoinxt do not care about the well being of the bitcoin economy and its users. The entire project is a Trojan horse.

Damages from bitcoinxt are at least $1 billion now, and that's a huge deal since bitcoin only has about $3 billion total market cap

ahh this is endless battle between:

*techie guys handling bitcoin as open source technology and don't give a single fuck about price or consequences of their decisions.

*investors (even small), which don't care at all about open source and technology and just watching Economic section thread and various price tickers.

point is, that techie guys are the ones with power here..and because of this we have endless threads like this one:)
The real techie open source bitcoiners are very much against XT. XT is open source but they've implemented hundreds of thousands of lines of code that no one has discussed and is too long for even an expert programmer to read, and said it was 'minor' changes. Open source doesn't mean shit in this sort've situation.

Hey you keep repeating this bullshit because you dont know what cvs is....

Have you ever used githup?

Are you trying to beat your all record of being the dumbest bitcoiners alive here?
Xialla
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August 22, 2015, 04:02:10 PM
 #20

The real techie open source bitcoiners are very much against XT. XT is open source but they've implemented hundreds of thousands of lines of code that no one has discussed

dude, now seriously..

do you have account on github, do you know what is github fork and how generally open source works and what it means?

because considering your reply, it seems that you never did any code and you don't even know the basics..
meono
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August 22, 2015, 04:53:25 PM
 #21

Seem like the dumb ass will just ignore and keep pull shit out of his ass again

 Roll Eyes

Fcking pathetic
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August 22, 2015, 07:27:17 PM
 #22

The following is true, for those who are not hyper-hysterical, prone to paranoia, and who are able to read code properly and investigate before shooting off their mouths spouting inaccurate and immature accusations:

https://www.youtube.com/watch?v=Q6m9St0dY1E


If you would like to see a bitcoin community that is healthy and growing and a BTC price that is rising, then do the following:

1) refrain from sharing your worst paranoid suspicions until/unless you have technical competency to back them up.
2) refrain from jumping on the "me too" crazytrain as it pulls out of the station.
3) be honest with yourself about your level of knowledge and technical competency. then, take it to the next level: be this honest with the rest of us. it's the best course of action in life.
4) don't listen to turtlehurricane. read his posts with amusement, and then seek out the opinions of more professional, competent and even tempered individuals who can explain the situation with far more accuracy---and then begin to form a proper well-informed opinion.
5) floss


Klestin
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August 22, 2015, 08:09:34 PM
 #23

If you would like to see a bitcoin community that is healthy and growing and a BTC price that is rising, then do the following:

1) refrain from sharing your worst paranoid suspicions until/unless you have technical competency to back them up.
2) refrain from jumping on the "me too" crazytrain as it pulls out of the station.
3) be honest with yourself about your level of knowledge and technical competency. then, take it to the next level: be this honest with the rest of us. it's the best course of action in life.
4) don't listen to turtlehurricane. read his posts with amusement, and then seek out the opinions of more professional, competent and even tempered individuals who can explain the situation with far more accuracy---and then begin to form a proper well-informed opinion.
5) floss

I was with you until step 5.  I'll brush, I'll rinse, I'll even visit the damn dentist, but I draw the line at flossing.
Netnox
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August 22, 2015, 08:27:09 PM
 #24

XT is the way to go, it can handle much more users.
keepdoing
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August 22, 2015, 08:51:25 PM
 #25

It's crystal clear that supporters of bitcoinxt do not care about the well being of the bitcoin economy and its users. The entire project is a Trojan horse.

Damages from bitcoinxt are at least $1 billion now, and that's a huge deal since bitcoin only has about $3 billion total market cap.

The Bitcoin communities response has thus far been weak and disorganized. Bitcoin foundation is silent, bitcoin core team is silent. Someone needs to organize a real response to protect bitcoin from xt and other external threats, or bitcoin won't survive.
I feel your pain, and my response is in no way intended to take away from your overall position, however, your 1st and 3rd paragraphs are incorrect. 

Response Paragraph 1:  I honestly believe that Gavin does think he is doing the right thing, and I think he is aware that some of the sideline code that went in was designed to make the Big Money Pulling the Strings happy (Governments, Fiat Banks, Billion Dollar Investors etc) and I think he feels trapped.   Mike came from Google.  Enough said.  That whole headfake "don't be evil" slogan always gives me a chuckle.  He's doing what he is doing with eyes wide open - BUT FROM HIS PERSPECTIVE he thinks he is saving bitcoin.  In a way he may even be right.  From an economic standpoint they are DEFINITELY doing the right thing.  A bitcoin xt will be more easily accepted by the powers that be, and that will take it closer to Huge Mainstream acceptance, and that will ultimately cause the value to go places you can say the words to - but honestly can't fathom.

Response Paragraph 3: I think that so very much is going on behind the scenes it is amazing.  The majority of the power that will decide what ultimately is going to happen lies in plush offices, fancy offices, wearing suits, making deals over golf, or having a bite to eat at a fancy club.  It's done in the presence of big investor money, regulators, bankers, and others attending back room meetings at hotels, trade shows, conferences etc.  And they are making those rounds, and those meetings are happening.  But those are meetings that end with a handshake, the nod of a head, or actual contracts being signed and money and promises being exchanged, contacts being made etc.  It's happening FAST as the Old Money / Old Power gets up to speed.  But I do agree that Core Dev and You and everyone else here needs to organize a defense if you want bitcoin to survive - because XT will happen.  I personally would like to see an underground version of bitcoin.  But unless a magic compromise happens - XT will get its mass target.
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