BlindMayorBitcorn
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December 24, 2015, 01:04:39 AM
Last edit: December 24, 2015, 02:11:17 AM by BlindMayorBitcorn |
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I'm very upset with you people. Are we sticking all the unbanked in payment channels??
.... do you even know what a payment channel is? Do I know what a payment channel is? DO I KNOW WHAT A PAYMENT CHANNEL IS?!? ... you know I had you with benefit of the doubt for the longest time, on the odd occasion you say something vaguely interesting but generally keep a low level of snark, just below the level of ignore radar ... too bad for you that you stuck your head up today ... ignored. I'm not trying to be snarky. I'm trying to be funny. But mostly I'm still thinking... A lot of us are still thinking. https://www.reddit.com/r/Bitcoin/comments/3xznh2/can_someone_please_provide_a_basic_summary_on_the/A mechanism that forces transactions to carry an attractive fee is good for the network as creates a fee market to the benefit of the miners, which will increase network security. It is important that bitcoin have this fee market as eventually fees will be all that there is to incentivize miners to secure the network (and therefore it is good to cultivate the market early). --No, it is not. Increasing fees right now REDUCES adoption by pricing out the very market you want to attract. Mining will ALWAYS be competitive. It might SEEM like it increases security, but in reality, increased fees=reduced transaction count, which reduces the demand for mining, because people will use the network less, or for who who would have been new, not even try it at all. We miners have enough incentive. Don't buy into the 'I need to ROI before everyone else' hype.  |
Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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sAt0sHiFanClub
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December 24, 2015, 01:21:21 AM |
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... ignored.
Thanks for dropping by!  BTW: what exactly is a payment channel this week? Is it the same as last weeks definition, or have you binned that like you binned the original LN definition? All these concepts seem to be movable feasts. Dream up something, publish it, find several holes in it, redesign an entire working protocol to work with it... Have you guys never heard of a road map? |
We must make money worse as a commodity if we wish to make it better as a medium of exchange
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TooDumbForBitcoin
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Activity: 1638
Merit: 1001
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December 24, 2015, 05:39:26 PM |
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Last night I dreamt I was loading the washing machine. I stepped out for a minute and when I returned Greg Maxwell had stuffed three knit blankets into the same machine, overloading it. I called out to him, but he did not respond. I never saw him, but sometimes in dreams you know things.
This is 100% true.
Overloading blocks? Commit access to my washing machine? I don't know what it means, but investors should take note.
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BlindMayorBitcorn
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Activity: 1260
Merit: 1116
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December 24, 2015, 07:29:16 PM |
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Last night I dreamt I was loading the washing machine. I stepped out for a minute and when I returned Greg Maxwell had stuffed three knit blankets into the same machine, overloading it. I called out to him, but he did not respond. I never saw him, but sometimes in dreams you know things.
This is 100% true.
Overloading blocks? Commit access to my washing machine? I don't know what it means, but investors should take note.
Duly noted. |
Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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MarketNeutral
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December 24, 2015, 07:51:03 PM |
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Last night I dreamt I was loading the washing machine. I stepped out for a minute and when I returned Greg Maxwell had stuffed three knit blankets into the same machine, overloading it. I called out to him, but he did not respond. I never saw him, but sometimes in dreams you know things.
This is 100% true.
Overloading blocks? Commit access to my washing machine? I don't know what it means, but investors should take note.
Duly noted. It's been a while since I actually laughed out loud reading this forum. Thank you. |
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sgbett
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December 24, 2015, 10:02:42 PM |
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Enquiring minds want to know if astroturfers get christmas day off... Before anyone jumps to any conclusions, that cuts both ways  |
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
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BlindMayorBitcorn
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Activity: 1260
Merit: 1116
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December 27, 2015, 12:55:35 AM |
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Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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brg444 (OP)
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December 27, 2015, 12:59:36 AM |
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"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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brg444 (OP)
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December 27, 2015, 01:48:09 AM |
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Fuck off. Bitcoin unlimited doesn't exist. |
"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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Peter R
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December 27, 2015, 04:06:55 AM |
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Fuck off.
Bitcoin unlimited doesn't exist.
Wake up lil' brg444. It was all a bad dream. Bitcoin Unlimited isn't real. You're safe now with Mama Core. |
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brg444 (OP)
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December 27, 2015, 04:20:44 AM |
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Fuck off.
Bitcoin unlimited doesn't exist.
Wake up lil' brg444. It was all a bad dream. Bitcoin Unlimited isn't real. You're safe now with Mama Core. I guess you enjoy being the laughing stock of the dev community Peter  You might have convinced yourself that BU is a thing but clearly you've haven't thought this through properly. It's clear as day to anyone not delusional that what it proposes is simply impossible hence why it's nothing but vapor ware. Sure you put out a client where every local node is able to select their "acceptable" block size. Big deal. Such ingenuity! I guess if your intention is to routinely track consensus fork yourself off the network then you've got a thing.... It's a wonder Gavin has yet to comment on it since joining the mental ward bitco.in. Probably even he realizes how bat-shit crazy the idea is. |
"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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Zarathustra
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December 27, 2015, 09:33:05 AM |
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Fuck off. Bitcoin unlimited doesn't exist. LOL |
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Zarathustra
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December 27, 2015, 09:42:36 AM |
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Fuck off.
Bitcoin unlimited doesn't exist.
Wake up lil' brg444. It was all a bad dream. Bitcoin Unlimited isn't real. You're safe now with Mama Core. It's a wonder Gavin has yet to comment on it since joining the mental ward bitco.in. Probably even he realizes how bat-shit crazy the idea is. LOL https://bitco.in/forum/threads/gold-collapsing-bitcoin-up.16/page-204#post-7407 |
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hdbuck
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December 27, 2015, 12:47:37 PM
Last edit: December 27, 2015, 12:57:38 PM by hdbuck |
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kids  |
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sAt0sHiFanClub
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December 27, 2015, 01:21:36 PM |
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It's clear as day to anyone not delusional that what it proposes is simply impossible hence why it's nothing but vapor ware. Sure you put out a client where every local node is able to select their "acceptable" block size. Big deal. Such ingenuity!
Thats funny, brg444. If you were being ironic, I would say you were very clever, but I get the feeling you are not. |
We must make money worse as a commodity if we wish to make it better as a medium of exchange
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Lauda
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Terminated.
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December 27, 2015, 01:23:54 PM |
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Career suicide.
kids -snip- Yup. I'm still not sure why randoms think that they have much influence. Thats funny, brg444. If you were being ironic, I would say you were very clever, but I get the feeling you are not.
It is quite ironic that XT is dead. Horrible. Random people without any sufficient expertise think that know what is best (if one takes a closer look at the members page). Just don't come complaining about ad hominem, because this isn't the case. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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BlindMayorBitcorn
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December 27, 2015, 02:13:56 PM
Last edit: December 27, 2015, 02:29:06 PM by BlindMayorBitcorn |
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Career suicide.
kids -snip- Yup. I'm still not sure why randoms think that they have much influence. Thats funny, brg444. If you were being ironic, I would say you were very clever, but I get the feeling you are not.
It is quite ironic that XT is dead. Horrible. Random people without any sufficient expertise think that know what is best (if one takes a closer look at the members page). Just don't come complaining about ad hominem, because this isn't the case. Doesn't XT still have the potential to be activated by miners? Isn't dormant a better word? @Westin Unfortunately most of the savvy big blockers switched forums. Echo-chambers for everybody!!! |
Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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Westin Landon Cox
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Merit: 100
Get your filthy fiat off me you damn dirty state.
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December 27, 2015, 02:19:13 PM |
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Holy shit, this thread is still going?! I just figured I'd check in since Coinbase decided to go with a dead fork overnight. Couldn't happen to a dumber company. Horrible. Random people without any sufficient expertise think that know what is best (if one takes a closer look at the members page). Just don't come complaining about ad hominem, because this isn't the case. I'm reserving judgment about BU. It's possible there's nefarious code in there to steal the bitcoins of ignorant big blockers. I think we can all agree that would be hilarious.
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