Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)

[iCEBREAKER]

Its time to the real satoshi nakamoto returns and take this project ahead ,before those team kill it.

Yah, that already happened.

https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-August/010238.html

https://letstalkbitcoin.com/blog/post/epicenter-bitcoin-95-adam-back-why-bitcoin-needs-a-measured-approach-to-scaling

http://freedomsfloodgates.com/2015/09/12/lets-talk-bitcoin-246-smart-contracts-with-nick-szabo/


tl;dr  XT's "civil war" approach is wrong, Galvin is an asshat, Bitcoin's creators are disappoint

[muyuu]

0.3% folks, that deserves a badge.

[Nea Sandu]

Mike Hearn wass in Romania.
http://goanadupabitcoin.ro/stiri-bitcoin/interviu-exclusiv-mike-hearn-despre-bitcoinxt-varianta-fericita-si-varianta-nefericita-pentru-viitorul-bitcoin.html

[knight22]

0.3% folks, that deserves a badge.

Oh that's not over. Don't worry.  

You'll learn what economic incentives for larger blocks means 

[coalitionfor8mb]

You'll learn what economic incentives for larger blocks means  

There must be a mechanism (an incentive even) in the economic system that preserves the costs of validating the rules from ballooning into outer space. The limit on block size is that mechanism, but only if enough Bitcoin users weight in on it with their mass (it's in their best interests and the forum's logo at the top-right corner suggests that we should).

If the costs rise at first, then stagnate for a while, then rise again, it means that they are cumulatively still rising in the long run. Bitcoin needs to demonstrate that the costs of validating the blockchain can actually shrink and decline over time if this idea is going to sustain itself for decades. The only measure that can achieve this result is a static limit on block size being active and effective for a certain period of time. We are only approaching this part of the cycle.

The quote by Satoshi in your signature also hints in the same direction.
Leveraging and balancing is what we need to master if we are to succeed in this game.

[sgbett]

I suppose this thread refuses to die just like BIP101 is refusing to die. Since it represents both hope and fear for different people.

This thread won't die whilst ever the comedy duo of Ice'n'Brg are around to keep pimping it. They desperately need it at the top of bitcoin discussion so they can feed there ego.

The thing is these two clowns aren't even really arguing for anything that can be defined, they are just arguing about how they are right, AND SMRTER TAHN U.

It's like tuning in and watching re-runs of your least favourite shitty party political broadcast.

Its all propoganda, nothing else to see.

As for BIP101, that will die once core reaches consensus about the way forward with the now inevitable block size increase. Along with the other block size related BIPs.

XT didn't get rekt, it did exactly what was necessary to get serious discussion. (Remember the the cold war and subsequent disarmament? Remember the last time you made an omelette and had to break a few eggs? You two are like a couple of kurd rebels waving your pistols at a Tank convoy.)

Only thing #REKT round here is the super naive Ice'n'Berg.

Funny thing would be now if XT took off. I doubt it, but can you imagine the drama!

[coalitionfor8mb]

Haha!

XTanic hit an iCE'brg and got sunk!  

Look at it this way.
You are holding a key(1) from the treasure(2), would you give it away for a candy(3)?

(1) key - limit on block size
(2) treasure - permissionless access to blockchain
(3) candy - promise of future profits

[zuziii3]

i think it should spit into BTC and BTCXT - 2 currencies

[MbccompanyX]

i think it should spit into BTC and BTCXT - 2 currencies

Yeah, i agree on that. But i think that then we need to remember there is even a BTCTX currency that exist way before this discussion started

[iCEBREAKER]

XT didn't get rekt, it did exactly what was necessary to get serious discussion.

Remember the last time you made an omelette and had to break a few eggs?

Only thing #REKT round here is the super naive Ice'n'Berg.

Funny thing would be now if XT took off. I doubt it, but can you imagine the drama!

Oh wow, that's some Grade A hand-waving.  We expect no less from sgbett!   

Face it, The XTanic hit an Ice'n'Berg and got proper fukkin' #rekt.

Please stop trying to comfort yourself with rationalizations and myths like "durr-hurr necessary to get serious discussion" and "had to break a few eggs, derp."

Those conceits are not congruent with the actual history and facts of the matter.

"Serious discussion" (as opposed to Reddit rabble raising) has been ongoing (in the proper lserv/IRC/BIP channels) for a number of years.  Sidechains, extension blocks, and Lightning all predate XT's failed putsch.

And to the contrary, XT disrupted significant amounts of "serious discussion" by creating a summer-long spectacle of inveterate Gavinista assclownery.  (Cite: Adam Back "I would say absent a big part of the bitcoin development industry being massively distracted by the block-size debate we might have been closer to having more compact CT. I certainly would have spent several months working on it.")

The 1MB limit is still here, and stronger than ever.  So, exactly which "eggs" did XT "break?"  And what "omelette" does it have to show for that supposed effort?  Unless XT's goal was to cement opposition to larger blocks...XT failed in every sense of the word.   

Nothing demonstrates that fact more effectively than the contradictory narratives being spun by its zero-percenter apologists.  Some of them tell us

Oh that's not over. Don't worry.   

while AT THE SAME TIME you tell us XT came, saw, and conquered.

Which is it?  Has XT already done its job by forcing #ScalingBitcoin workshops to exist, or, is it still waiting in the wings for a moment of future triumph?

Even the Redditards are laughing at you.

This XT move created a lot of division. So if XT was secretly designed to cause so much division that the block size could never be changed (i.e. nothing resembling consensus could ever be formed), then XT might be a success.

It's obvious you expected XT to win, and now have some furious backpedaling to do.  Jorge Stolfi, renowned computer scientist, also thought XT would win.  How is that working out for him?   

[muyuu]

I'm enjoying Mikey's butthurt massively https://www.reddit.com/r/Bitcoin/comments/3mqvbp/mike_hearn_its_easily_possible_for_a_sufficiently/

[hdbuck]

I'm enjoying Mikey's butthurt massively https://www.reddit.com/r/Bitcoin/comments/3mqvbp/mike_hearn_its_easily_possible_for_a_sufficiently/

Mike Hearn: "It's easily possible for a sufficiently aggressive minority to end up taking over Bitcoin through social means, regardless of the technology it has."

so this was XT all along, not even hiding here: social means to take over bitcoin regardless of technology.. lol.

+ now we've moved from "economic majority" to "aggressive minority"..

or maybe an agressive minority pretending to be the economic majority?

which one is it n00bs?

forking off already?

[coalitionfor8mb]

Mike Hearn: "It's easily possible for a sufficiently aggressive minority to end up taking over Bitcoin through social means, regardless of the technology it has."

Sir, your XTanic W(REKT)D!

[chalkboard17]

So when threads are created to make fun of xt, bad mouth it and such things it's ok to be placed in the bitcoin section. Anything else then xt is considered "altcoin". 

[HostFat]

Free money?

https://www.bigblockbounty.com/

[hdbuck]

So when threads are created to make fun of xt, bad mouth it and such things it's ok to be placed in the bitcoin section. Anything else then xt is considered "altcoin".  

it should be *pined* on the braooood!

[Zarathustra]

I suppose this thread refuses to die just like BIP101 is refusing to die. Since it represents both hope and fear for different people.

This thread won't die whilst ever the comedy duo of Ice'n'Brg are around to keep pimping it. They desperately need it at the top of bitcoin discussion so they can feed there ego.

The thing is these two clowns aren't even really arguing for anything that can be defined, they are just arguing about how they are right, AND SMRTER TAHN U.

It's like tuning in and watching re-runs of your least favourite shitty party political broadcast.

Its all propoganda, nothing else to see.

As for BIP101, that will die once core reaches consensus about the way forward with the now inevitable block size increase. Along with the other block size related BIPs.

XT didn't get rekt, it did exactly what was necessary to get serious discussion.

Yes, it caused a multiplication of the agitation of that comedy duo. The two are the living example of XT's success in the way you described it above.

[brg444]

I suppose this thread refuses to die just like BIP101 is refusing to die. Since it represents both hope and fear for different people.

This thread won't die whilst ever the comedy duo of Ice'n'Brg are around to keep pimping it. They desperately need it at the top of bitcoin discussion so they can feed there ego.

The thing is these two clowns aren't even really arguing for anything that can be defined, they are just arguing about how they are right, AND SMRTER TAHN U.

It's like tuning in and watching re-runs of your least favourite shitty party political broadcast.

Its all propoganda, nothing else to see.

As for BIP101, that will die once core reaches consensus about the way forward with the now inevitable block size increase. Along with the other block size related BIPs.

XT didn't get rekt, it did exactly what was necessary to get serious discussion.

Yes, it caused a multiplication of the agitation of that comedy duo. The two are the living example of XT's success in the way you described it above.

 

What success 

[knight22]

I suppose this thread refuses to die just like BIP101 is refusing to die. Since it represents both hope and fear for different people.

This thread won't die whilst ever the comedy duo of Ice'n'Brg are around to keep pimping it. They desperately need it at the top of bitcoin discussion so they can feed there ego.

The thing is these two clowns aren't even really arguing for anything that can be defined, they are just arguing about how they are right, AND SMRTER TAHN U.

It's like tuning in and watching re-runs of your least favourite shitty party political broadcast.

Its all propoganda, nothing else to see.

As for BIP101, that will die once core reaches consensus about the way forward with the now inevitable block size increase. Along with the other block size related BIPs.

XT didn't get rekt, it did exactly what was necessary to get serious discussion.

Yes, it caused a multiplication of the agitation of that comedy duo. The two are the living example of XT's success in the way you described it above.

 

What success  

Unlikely for a few more years... of course we need to push projects like Fidelity and NASDAQ away though  

Pathetic.

[iCEBREAKER]

What success  

Unlikely for a few more years... of course we need to push projects like Fidelity and NASDAQ away though  

Pathetic.

Yes, it is pathetic that you Gavinistas actually believed you controlled more than ~0% of Bitcoin's socioeconomic consensus.

It's also pathetic you thought you could create a false sense of urgency, to sell XT via the fear of missing out on "projects like Fidelity and NASDAQ."

It's not like i spent all summer long explaining exactly why MPEX's Gavincoin Short, etc, made your 'strategy of defection' impossible.

Even after XT lost, you still don't realize and/or can't admit XT lost.  Pathetic.